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In reply to the discussion: Why would the President support letting big banks back into the derivatives business ?? [View all]hifiguy
(33,688 posts)78. Obama too will be handsomely compensated
for his services to TPTB in his post-presidential years. To the tune of tens of millions of dollars, maybe even a hundred million or so. That's the way it is when you're In The Club.
He will do nothing to endanger his future.
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Why would the President support letting big banks back into the derivatives business ?? [View all]
kentuck
Dec 2014
OP
I've stopped trying to figure him out. But I can understand why he didn't want
TwilightGardener
Dec 2014
#1
Take your pick: either this is "the best deal they could get" on the budget...
PoliticAverse
Dec 2014
#3
Also, WIC is losing some funding, Pell grants cut down in order to give banks MORE FUCKING MONEY,
djean111
Dec 2014
#5
I hold no warrant for his decisions, but I think I can explain the reasoning behind them. The
KingCharlemagne
Dec 2014
#8
This is actually a consequence of my Option B. As always, though, the political
KingCharlemagne
Dec 2014
#11
Well, we know that Repubs shut down the government in Oct. 2013, 13 months
KingCharlemagne
Dec 2014
#39
Except that Democrats will be the nay votes in 2015 and they will be viewed as shutting down
JDPriestly
Dec 2014
#63
Because Obama is not fighting this, he will be blamed for it when things go wrong.
JDPriestly
Dec 2014
#60
"Fearless" is the flipside of 'hubris' and 'arrogance'. Republicans since 1980 have
KingCharlemagne
Dec 2014
#18
There is no good answer, they should be finishing and passing on the bills WEEKS in advance
Rex
Dec 2014
#20
You'll hear no disagreement from me. Please note that my efforts to explain a mindset should
KingCharlemagne
Dec 2014
#33
Mindset of President: Appease base with support of liberal cultural issues.
Teamster Jeff
Dec 2014
#27
I think he pretty much is smarter than most of us but leave that aside for a moment.
randome
Dec 2014
#73
I agree. And its profoundly disappointing. But his actions pretty much spell it out for us.
RiverLover
Dec 2014
#43