TLP: Wait, Whose Side Are We On?
The comment that the muted bonuses awarded recently to Goldman Sachs CEO Lloyd Blankfein and his JPMorgan Chase counterpart Jamie Dimon were "acceptable" has earned the politically savvy Barack Obama condemnation from MoveOn.org. The liberal group seems to begrudge the president that he doesn't begrudge the Wall Streeters their multimillion-dollar payouts.
"I know both those guys. They're very savvy businessmen," Obama said in a Bloomberg interview. "And I, like most of the American people, don't begrudge people success or wealth. That's part of the free market system."
Your move, MoveOn:
In an e-mail to supporters Thursday, MoveOn.org Campaign Director David Mintz especially targets Blankfein, saying "'savvy' doesn't accurately describe a businessman who brought the world economy to the edge of collapse."If you're paying attention, Obama is getting roughed up for playing too nice with Blankfein and Dimon, by MoveOn, currently running a "Fight, Don't Fold" campaign and which apparently thinks it had some sort of claim on the president's affections. That's no way to show the man love. He might start to think they're not on his side.
Mintz is also urging members to call the White House and let Obama "know that you're outraged that big banks have returned to business as usual while the rest of the country suffers."
"Tell [Obama] that appearing close to Wall Street is no way to gain voters' trust that he's on our side."