Obama extends support for protesters

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Barack Obama, US president, offered more support for protesters against the global financial system after a weekend of demonstrations in cities around the world, but called on them not to “demonise” those who worked on Wall Street.
On Sunday, Mr Obama honoured Martin Luther King at a dedication to a new memorial on National Mall in Washington. Referring to protests that have spread from Wall Street to London, Rome and elsewhere, Mr Obama said: “Dr King would want us to challenge the excesses of Wall Street without demonising those who work there.” Mr Obama had previously said the protests “express the frustration” of ordinary Americans with the financial sector.

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Challenge the excess of Wall Street? Is that what we've come too? Is this "Progress"? Where success is to be seen as evil? Instead of lauding success and trying to replicate it, we're now watching a sitting US President agreeing that the best way to move forward is to equal out all wealth and income?

This is "Progress"? Count me out, count me against this insanity. I don't care if a banker has 4 houses, three yachts and an Island home. ROCK ON MAN, more power to you. I don't have claim to one penny of your wealth, I only have aspirations of similar success.

How pathetic it is, to think fellow Americans believe they have some claim on another persons wealth, property or success.

MrVicchio said:

Challenge the excess of Wall Street? Is that what we've come too? Is this "Progress"? Where success is to be seen as evil? Instead of lauding success and trying to replicate it, we're now watching a sitting US President agreeing that the best way to move forward is to equal out all wealth and income?

This is "Progress"? Count me out, count me against this insanity. I don't care if a banker has 4 houses, three yachts and an Island home. ROCK ON MAN, more power to you. I don't have claim to one penny of your wealth, I only have aspirations of similar success.

How pathetic it is, to think fellow Americans believe they have some claim on another persons wealth, property or success.

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I hope obama ties himself to those loons

the ones who think all debt should be forgiven for example or the moonbat who claimed we ought to cut our defense spending by 100%

OWS is liberal and Obama is liberal, do you mean to tell me you didnt see this coming. My question would be what took him so long? The whole sicking part is that he drags Dr. Kings name in this crap. King wouldn't support a blood thirsty murder like Barack Obama.

You're telling me that he's supporting the group that is funded and organized by one of his largest campaign contributors? Get outta town..

Cold Highway said:

OWS is liberal and Obama is liberal, do you mean to tell me you didnt see this coming. My question would be what took him so long? The whole sicking part is that he drags Dr. Kings name in this crap. King wouldn't support a blood thirsty murder like Barack Obama.

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Obama is only liberal compared to the Republicans. He's just trying to capitalize on this while he can. It'll probably work, too.

I rather like what he said.

That he invoked MLK in his remark made me think: I don't remember seeing very many (any?) blacks in these protests. Since they make up about 25% of the population in NYC, their absence is telling. And I think I know what it's telling...

Demographics of New York City - Wikipedia, the free encyclopedia

This interview sums the situation up wonderfully, and it puts Obama's quote into proper context.

Top Down. Bottom Up.



Remember back when Glenn Beck was crazy? When he was telling you in 2007 to get out of the market and look at gold, and then when he predicted rising food prices, and then when he said that George Soros was going to help fund massive anti-wealth protests in the streets?

even I thought the guy was out there...

I don't think Obama will rejoice in tying himself to these hippy anti-capitalists a few months from now. No one likes crony capitalism, but if you really don't like it, stop voting for them. If you must protest, go to Washington D.C. and protest the enablers there who encourage a culture of corruption.

neocon1225 said:

I don't think Obama will rejoice in tying himself to these hippy anti-capitalists a few months from now. No one likes crony capitalism, but if you really don't like it, stop voting for them. If you must protest, go to Washington D.C. and protest the enablers there who encourage a culture of corruption.

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Welcome, Neocon. We're gonna' get along just fine.

neocon1225 said:

I don't think Obama will rejoice in tying himself to these hippy anti-capitalists a few months from now. No one likes crony capitalism, but if you really don't like it, stop voting for them. If you must protest, go to Washington D.C. and protest the enablers there who encourage a culture of corruption.

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I think you are granting those people with a clarity of vision that I see no evidence they are evincing. At this point, they are a crudely aimable mob - and Obama thinks they are his mob. I don't see them turning on him, though I would love to be wrong.

I hope no one is going to claim surprise about this, because after all he at the vary least partially responsible with his repeated play the blame game and his class war fair idiocy.

If you look into I'm sure you find that this nonsense that is going on because it's called for in the Cloward–Piven strategy, that called for overloading the U.S. public welfare system in order to precipitate a crisis that would lead to a replacement of the welfare system with a national system of "a guaranteed annual income and thus an end to poverty".

Next take look into the Alensky's Rules for Radicals which says in part "The first step in community organization is community disorganization."

Through a process combining hope and resentment, the organizer tries to create a "mass army" that brings in as many recruits as possible from local organizations, churches, services groups, labor unions, corner gangs, and individuals.According to Alinsky, the main job of the organizer is to bait an opponent into reacting.Keep in mind that Obama was a Community Activist.

Guess who is next up who contributes in the game plan? He said: "All great movements are popular movements. They are the volcanic eruptions of human passions and emotions, stirred into activity by the ruthless Goddess of Distress or by the torch of the spoken word cast into the midst of the people."

"He alone, who owns the youth, gains the future."

"How fortunate for governments that the people they administer don't think."

These are of course Hitler quotes.

All of this is being used to provoke those who are easily lead but the nose and not ever know they were sheeple the whole time.

All of this is being used to provoke those who are easily lead but the nose and not ever know they were sheeple the whole time.

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Bahhhh...deregulate Wall street because it's good for us...baaah...don't tax the wealthy that fund my news source baaahh...

The scary part is, if obama wasn't pres he would be carrying a sign at the protest, shouting at cops, smoking pot and defecating on police cars.

Obama can't gain from this. He'll try, no doubt. To gain he actually has to do something about what is being complained about. He can't. He has the biggest Wall Street stooge sitting at his right hand at the Treasury.

Those who vote know that more of Obama's "stimulus" is not the answer. Will he get college loans forgiven? Of course not. Will he get a large increase in the minimum wage? Of course not. Will he argue to reinstitute Glass/Steagal? Of course not. Will he actually try and raise the tax on Capital Gains? Of course not.

He may give a pretty speech but nobody buys his speeches any longer. He can't even get a bump any longer when he gives them.

Temporal said:

This interview sums the situation up wonderfully, and it puts Obama's quote into proper context.

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Thanks, but you realize this completely dismantles the assumptions made in the OP.

MrVicchio said:

Challenge the excess of Wall Street? Is that what we've come too? Is this "Progress"? Where success is to be seen as evil? Instead of lauding success and trying to replicate it, we're now watching a sitting US President agreeing that the best way to move forward is to equal out all wealth and income?

This is "Progress"? Count me out, count me against this insanity. I don't care if a banker has 4 houses, three yachts and an Island home. ROCK ON MAN, more power to you. I don't have claim to one penny of your wealth, I only have aspirations of similar success.

How pathetic it is, to think fellow Americans believe they have some claim on another persons wealth, property or success.

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How pathetic it is, that fellow Americans can't tell the difference between success and robbing the poor to satiate the rich, or can't tell the difference between "make a more fair playing field" and "equal out all income."

Nobody has suggested communism. If you seriously can't tell the difference between communism and "stop letting banks steal money from us," I don't know what to tell you.

Absolutism: core pillar of the conservative brain.

Swiped from another thread.



Yeah, End the Fed. I don't think that's an Obama position. Hopefully it does mean we stay out of Iran for another year or so.

Yeah, End the Fed. I don't think that's an Obama position. Hopefully it does mean we stay out of Iran for another year or so.

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Obama would have to make some massive changes in order to win over the OWS crowd. A lot of them probably voted him in 2008 but probably won't or will have to hold their noses to vote for him this year.

iliveonramen said:

Obama would have to make some massive changes in order to win over the OWS crowd. A lot of them probably voted him in 2008 but probably won't or will have to hold their noses to vote for him this year.

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IMO most of them that did in 2008, that actually decide to take the time to vote this time will vote for him again but he has little to gain here. They aren't going to vote for Cain, especially after his "cling" moment.

It's more likely to be a case where like others who thought he would live up to his promises but haven't, just end up not supporting anyone.

1Perry said:

IMO most of them that did in 2008, that actually decide to take the time to vote this time will vote for him again but he has little to gain here. They aren't going to vote for Cain, especially after his "cling" moment.

It's more likely to be a case where like others who thought he would live up to his promises but haven't, just end up not supporting anyone.

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I agree, I meant they won't vote, not that they'd vote for Cain.

MrVicchio said:

Challenge the excess of Wall Street? Is that what we've come too? Is this "Progress"? Where success is to be seen as evil? Instead of lauding success and trying to replicate it, we're now watching a sitting US President agreeing that the best way to move forward is to equal out all wealth and income?

This is "Progress"? Count me out, count me against this insanity. I don't care if a banker has 4 houses, three yachts and an Island home. ROCK ON MAN, more power to you. I don't have claim to one penny of your wealth, I only have aspirations of similar success.

How pathetic it is, to think fellow Americans believe they have some claim on another persons wealth, property or success.

Click to expand...

The protest is, on some front, centered on the corporate capitalist model we have and the strong intertwining of government and market. In that light, there is room to be pissed off. I don't care that a banker has that much either, except that government bailout, lax regulation in certain areas, overbearing regulation in others, tax breaks, etc. which use law and tax payer dollars allows that guy to sit there unchallenged and allows for the further aggregation of wealth.

I don't think that protest is a bad thing, in fact it's necessary for the future of the Republic. I also would say that Obama was giving the protesters much in the way of "support".

MrVicchio said:

Challenge the excess of Wall Street? Is that what we've come too? Is this "Progress"? Where success is to be seen as evil? Instead of lauding success and trying to replicate it, we're now watching a sitting US President agreeing that the best way to move forward is to equal out all wealth and income?

This is "Progress"? Count me out, count me against this insanity. I don't care if a banker has 4 houses, three yachts and an Island home. ROCK ON MAN, more power to you. I don't have claim to one penny of your wealth, I only have aspirations of similar success.

How pathetic it is, to think fellow Americans believe they have some claim on another persons wealth, property or success.

Click to expand...

Success like this guy...and the many others that ROB everyone else and dont get caught...lol.....If having money alone is being successful...then Al Capone, Vito Genovese, Joe Bonano and Castellano were all SUPER successful americans...pffffffffffft.....wall street is no different than the italian mob...operates the same way with the same intentions with the same secrecy....anyone that hails them as heros has low self esteem

Raj Rajaratnam jailed for 11 years for insider trading...made a billion dollars gets fined 10 mil will be out of jail in less than two years...

cpwill said:

Top Down. Bottom Up.



Remember back when Glenn Beck was crazy? When he was telling you in 2007 to get out of the market and look at gold, and then when he predicted rising food prices, and then when he said that George Soros was going to help fund massive anti-wealth protests in the streets?

even I thought the guy was out there...

Click to expand...

Yea Glenn Beck is still crazy

I mean after reading the article all obama said on it was High “Dr King would want us to challenge the excesses of Wall Street without demonising those who work there."
He didnt really say anything on the protesters message... I mean why would Obama say he agrees with the protesters message when Obama is funneled millions of dollars from Wall Street?