A senior executive at Goldman told Gasparino: “Obama couldn’t give a shit about all this anti-Wall Street stuff. He needs to bash us to get his bullshit financial reform through Congress.”
As the recession continues, President Obama has chastised the “fat cats” who feast off government bailout money while unemployment remains high and smaller businesses struggle.
But according to Gasparino, Obama is faking his outrage, and his calls for new policies to rein in banks that are “too big to fail” are just pabulum. In reality, Obama has climbed into bed with Wall Street CEOs, giving them what they want so they will support his liberal, big-government agenda. As a result, the big banks responsible for the credit crisis get rescued, while small businesses and ordinary Americans get crushed by higher taxes and irresponsible spending.