Monday, February 8, 2010

Bye-partisan

President Obama said Sunday that he would convene a half-day bipartisan health care session at the White House to be televised live this month, a high-profile gambit that will allow Americans to watch as Democrats and Republicans try to break their political impasse….Republican leaders said they welcomed the opportunity and called on Democrats to start the debate from scratch, which the president said he would not do (our emphasis). (NYT, 2/8/2010)

Well then it’s not really “bipartisan” is it? President Obama’s approach – as we have noted – is to run around saying “bipartisan, bipartisan, bipartisan” in order to fool the public into thinking that he is trying to work with those pesky Republicans. In point of fact, he is willing to concede nothing.

Follow-up to our recent post
Just two years after Mr. Obama helped his party pull in record Wall Street contributions — $89 million from the securities and investment business, according to the nonpartisan Center for Responsive Politics — some of his biggest supporters……have become the industry’s chief lobbyists against his regulatory agenda. Republicans are rushing to capitalize on what they call Wall Street’s “buyer’s remorse” with the Democrats. And industry executives and lobbyists are warning Democrats that if Mr. Obama keeps attacking Wall Street “fat cats,” they may fight back by withholding their cash. Though Wall Street has long been a major source of Democratic campaign money (alongside Hollywood and Silicon Valley), Mr. Obama built unusually direct ties to his contributors there. (NYT, 2/8/2010)

So it’s official folks, Wall Street is Democrat territory. Furious at the financial meltdown, bailouts and bonuses? You now know who to blame.

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