Thursday, February 11, 2010

Serial blogging

I'm with Sean-Paul Kelley (the Agonist) who's with Paul Krugman who's with Simon Johnson who's with Bloomberg.

President Barack Obama said he doesn’t “begrudge” the $17 million bonus awarded to JPMorgan Chase & Co. Chief Executive Officer Jamie Dimon or the $9 million issued to Goldman Sachs Group Inc. CEO Lloyd Blankfein, noting that some athletes take home more pay.

The president, speaking in an interview, said in response to a question that while $17 million is “an extraordinary amount of money” for Main Street, “there are some baseball players who are making more than that and don’t get to the World Series either, so I’m shocked by that as well.”

“I know both those guys; they are very savvy businessmen,” Obama said in the interview yesterday in the Oval Office with Bloomberg BusinessWeek, which will appear on newsstands Friday. “I, like most of the American people, don’t begrudge people success or wealth. That is part of the free- market system.”

This goes far beyon blue dog Democrat speak.

And later in the article is this fuckingly Hilarious item:

Obama sought to combat perceptions that his administration is anti-business and trumpeted the influence corporate leaders have had on his economic policies.

Please remind me. The people of what republic voted Obama into office to help them; like with real health care reform, a few jobs for the chronically unemployed, preventing homelessness, putting an end to Wall Street and bankster rapes of the masses?

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