Quotes of the Day: ‘People are not going to tolerate a situation where the bankers have a party’
Email“A good solid B-plus…If I get health care passed, we tip into A-minus.” — President Obama, grading himself, on Oprah Winfrey’s special Sunday night
“What the president’s going to say to the bankers is, you guys were part of the problem…People are not going to tolerate a situation where the bankers have a party, they pick up the tab, and then the bankers pay themselves huge bonuses, and they’re not lending.” – Senior White House adviser David Axelrod, to ABC’s George Stephanopoulos
“(The turnabout) is the quickest fall from positive to negative we’ve ever seen.” — Al DiGuido, chief executive at Zeta Interactive, tracking plummeting public impressions on Tiger Woods
“You know life has gotten surreal when we have to beg a pro golfer to be boring.” – Jason Gay, The Wall Street Journal
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How anyone can take credit for all of the banks raising interest charges on credit cards (all of them….irregardless of credit history or outstanding balances) from 26-30%, is beyond me.
Whatever happened to usurious interest rates? Why isn’t this illegal????????
Posted by: Rick McDaniel | December 14, 2009, 11:52 am 11:52 am
Hey Goldman folks are now carrying pistols. Should get pretty interesting in the future.
Posted by: Huh | December 14, 2009, 12:17 pm 12:17 pm
Hey Goldman folks are now carrying pistols. Should get pretty interesting in the future.
Huh | Dec 14, 2009 12:17:05 PM
I’d take the opposite side of that bet – I bet that there is no case of any of the thousands of Goldman employees being assaulted for their work in the next year.(Just the usual rate of crime, same as the general population.) How many Enron execs were attacked by employees who went from a retire-at-45 nest egg to destitute overnight? And they were based in Texas…
Posted by: jhw539 | December 14, 2009, 12:27 pm 12:27 pm
jhw539 – I would bet you are right, but we can only hope. It is all a function of how desperate people become and where they choose to focus their anger. I do believe your assessment is correct at least for the near term. The fact they are arming up does ammuse me.
Posted by: Huh | December 14, 2009, 1:04 pm 1:04 pm
I already sent Bank of America a message, I closed my account and left .20 in each account. I join a local bank, USAA, and a local credit union. They are the ones that will help communities and this country get back on it’s feet.
I also am sending a message to companies that outsource, I buy/use as little of thier goods as possible, and thank the ones are staying in the US by buying their products.
Posted by: Dot | December 14, 2009, 2:39 pm 2:39 pm
Good for you, Dot. It’s past time that Americans let these corporations that could care less about anything but the bottom line and CEO unethical salaries and bonuses that we’re not going to support their unmitigated greed any longer. That’s exactly what has driven this recession and it’s time to call it what it is:
unjustifiable and totally exorbitant greed that puts money above people and country whenever it d_____ pleases.
Posted by: Igorigorvitch | December 14, 2009, 11:01 pm 11:01 pm