You are hereForums / Issues / The Economy / Obama: "We want our money back"

Obama: "We want our money back"


By Misty - Posted on 14 January 2010

"My commitment is to recover every single dime the American people are owed. My determination to achieve this goal is only heightened when I see reports of massive profits and obscene bonuses at the very firms who owe their continued existence to the American people who have not been made whole, and who continue to face real hardship in this recession."

Bravo, Mr. President! From Huff Po. Apparently, Steele actually dared to come out against this tax (is he just on auto-pilot with the no's?) The GOP will claim the tax will just be passed on to the American people, but is it really politically wise to be defending big banks from a tax when they are making huge profits and getting big bonuses? Will that actually resonate with the American people who are already bitter and angry at the ungrateful, out of touch big banks?

Comments from the Huffpo article:

  •  Next to perhaps Jeff Sessions, Michael Steele is the least hip, un-funkiest guy on the planet. When he tries to act tough and threatening, he's about as rough looking as Michael Jackson swinging a knife in the "Bad" video. Michael Steele is as un-hip as Tupperware, Wal-Mart, or Dancing with the Stars. He's got less soul than Pat Boone on acid. Between him and Sarah Palin, they've given new meaning to lameness in American intellect and the ability of the worst of the worst and the d*umbest of the d*umb to miraculously rise to positions of prominence
  • I hope Michael Steele stays on as the head of the RNC forever. Despite my annoyance at his perpetually lopsided glasses, I think he is the biggest gift to Obama since Hillary claimed she was under sniper fire in Bosnia.
  • In the future Michael Steele will be honored for tireless work on behalf of the Democratic party.
  • If congress passed a resolution naming Michael Steele the most effective head of the GOP in history, Michael Steele would publicly oppose it.
  • Guess I was wrong - Sarah Palin, is not the d*u *mb est person in the world.

I like the money back that is wasted in inefficiency, largesse, idiocy, and greed in government too.

When do we get that back?  When the American people get every dime out of the government in services they put in then the President can go on the offensive with this line.

I am bitter and angry with an out of touch government.

 

The citizens can demand accountability in their government officials through the ballot box: don't like what one group is doing... elect someone else. That's the American way, a representative democracy.

There are two ways to demand accountability from private corporations: don't do any business with them, or, in the case of these privately-held shareholder-owned firms that accepted taxpayer funds to prevent them from collapsing, make sure they become accountable not only to shareholders of record, but also to the public at large, without whom they would have ended up in bankruptcy court. We CAN have accountability to both shareholders and the public good at the same time. Our corporate boards need to remember that.  

changing representatives does not equal an efficient, well run, gov't- there is no accountability when you have a revenue pool of hostages.

if it were only that easy...

 

I'd love to see an efficient, well-run anything, but greed and/or power usually is the wrench and/or sabot tossed into the works...
----

It's sad that we've reached a point where 'government service' is a dirty word... If we're the greatest country on earth, maybe we can have the greatest government.

Lewis Black

Follow RFO:

TwitterCafe PressFacebook

RSS

 

 

RFO Gear