Friday, February 5, 2010

Obama admits to demonizing banks

In this article in the LA Times, our President said this in response to a question from Senator Blanche Lincoln (D-Arkansas)

"So the point I'm making -- and Blanche is exactly right -- we've got to be non-ideological about our approach to these things. We've got to make sure that our party understands that, like it or not, we have to have a financial system that is healthy and functioning, so we can't be demonizing every bank out there. "

I ask, then, which banks is it okay to demonize? Isn't that an admission that he's been demonizing some already? Isn't he saying that the demonizing of banks is an ideological action that they need to discontinue? That his and their natural ideological methodology is to demonize banks (and other industries/businesses)?

And wait, there's more:

"like it or not, we have to have a financial system that is healthy and functioning." Do I need to comment on that, really? Really? REALLY? He acknowledges that his party might not like it if the financial system is healthy. Wow.

This is how our President sees things, and admits it, and the LA Times reports it, and yet, we hear crickets from everybody except Rush Limbaugh?

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