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Obama acknowledges Wall Street protests as a sign
AP/WorldMag ^ | Oct 6, 9:07 PM EDT | VERENA DOBNIK

Posted on 10/06/2011 8:14:58 PM PDT by quantim

NEW YORK (AP) -- Concerns over Wall Street practices and economic inequality that have led to sit-ins and rallies in New York and elsewhere reverberated up to the White House on Thursday, with President Barack Obama saying the protesters are expressing the frustrations of the American public.

Thousands of protesters, including many in union T-shirts, marched the day before in lower Manhattan, joined by labor leaders who say they will continue to support the protests with manpower and donations of goods and services.

The protests have slowly grown in size and attention over more than two weeks, with the president's acknowledgment at a news conference a sign they might be jelling into a political movement.

Obama said he understood the public's concerns about how the nation's financial system works and said Americans see Wall Street as an example of the financial industry not always following the rules.

"It expresses the frustrations that the American people feel that we had the biggest financial crisis since the Great Depression, huge collateral damage all throughout the country, all across Main Street," the president said. "And yet you're still seeing some of the same folks who acted irresponsibly trying to fight efforts to crack down on abusive practices that got us into this problem in the first place."

(Excerpt) Read more at hosted.ap.org ...


TOPICS: Business/Economy; News/Current Events
KEYWORDS:
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1 posted on 10/06/2011 8:14:58 PM PDT by quantim
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To: quantim

obama talking “signs” again? yep, he’s campaigning.


2 posted on 10/06/2011 8:16:41 PM PDT by the invisib1e hand (...then they came for the guitars, and we kicked their sorry faggot asses into the dust)
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To: quantim

Wall St’s getting its community organized....suprissuprise!!!


3 posted on 10/06/2011 8:17:27 PM PDT by mo
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Slothonomics.


4 posted on 10/06/2011 8:18:25 PM PDT by Gene Eric (Your Hope has been Redistributed. Here's your damn Change!)
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To: quantim

A real leader would have acknowledged them and reminded them that we vote every November.


5 posted on 10/06/2011 8:21:36 PM PDT by cripplecreek (MLB Playoff thread http://www.freerepublic.com/focus/f-chat/2786167/posts)
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To: quantim

He finally got around to noticing the evidence he arranged to have manufactured.


6 posted on 10/06/2011 8:22:22 PM PDT by tacticalogic
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To: quantim
Obama said he understood the public's concerns about how the nation's financial system works and said Americans see Wall Street The Tea Party as an example of the financial industry not always following the rules.

There. Fixed it for ya Bammy.

7 posted on 10/06/2011 8:22:22 PM PDT by Jane Long (Soli Deo Gloria!)
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To: Jane Long

Tea Party = Tea Party protests


8 posted on 10/06/2011 8:23:21 PM PDT by Jane Long (Soli Deo Gloria!)
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To: tacticalogic

Exactly!


9 posted on 10/06/2011 8:30:35 PM PDT by berdie
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To: quantim

Nice, considering it is all orchestrated from the White House.


10 posted on 10/06/2011 8:33:10 PM PDT by FormerACLUmember
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To: quantim

The terrifying thing is that a significant portion of the American popation will believe this idiocy.

Remember, the symptom is obastard. The disease is a population so idiotic that it would elect obastard.

PS My updated iPhone now autocorrects obastard to obastardcare, a term I have never used...


11 posted on 10/06/2011 8:39:54 PM PDT by piytar (The Obama Depression. Say it early, say it often. Why? Because it's TRUE.)
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To: quantim

He will be sorry he sided with them.


12 posted on 10/06/2011 8:45:03 PM PDT by Big Horn (Rebuild the GOP to a conservative party)
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To: quantim
Like most that don't have their collective heads up their dark places, I would bet more than I own that the Dems orchestrated this, just as they orchestrated the crap overseas called “Arab Spring”.

Oh, not the simpleminded peons that keep getting elected year after year, but the money men, groups, and nations behind them that hand them the bills to vote on, that give them the speeches to read.

13 posted on 10/06/2011 8:52:01 PM PDT by Dogbert41 (http://www.durban3nyc.com/. Go there and learn what those who seek to destroy Israel are up to)
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To: quantim

The kid protesters don’t want jobs and the union thugs have jobs that allow them to be paid to protest.

Talk about hurting Americans; how about the unemployed 50 somethings that worked all their lives and now have no retirement and a home that is underwater on it’s loan? Does anyone think that the tired recovery plan offered by the administration has anything for this guy?


14 posted on 10/06/2011 8:59:01 PM PDT by Mike Darancette (Psalm 109:8)
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To: quantim

“Obama said he understood the public’s concerns about how the nation’s financial system works and said Americans see Wall Street as an example of the financial industry not always following the rules”

Wow. I bet he even said this with a straight face!
But then surely Obama nows about not following the rules!


15 posted on 10/06/2011 9:03:31 PM PDT by SECURE AMERICA (Where can I sign up for the New American Revolution and the Crusades 2012?)
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To: the invisib1e hand
Photobucket
16 posted on 10/06/2011 9:26:05 PM PDT by xuberalles ("The Right Stuff" Conservative Novelties http://www.zazzle.com/xuberalles)
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To: the invisib1e hand
you really have to L O L at this president...
when the Washington mall had one million American so called ‘TEA PARTY' he didn't even know about it!!!
what

and get a couple hundred lazy a$$ young adults and he say they are expressing their frustration!!!

the guy is not the brilliant genius every one in MSM wants you to believe...
HURRY UP 2012

17 posted on 10/06/2011 9:47:39 PM PDT by haircutter
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To: xuberalles

are these morons being fed some of those millions of military “K-Ration” style meals that der reader ordered.


18 posted on 10/06/2011 9:49:03 PM PDT by stickywillie
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To: stickywillie

lol..they very well could be!


19 posted on 10/06/2011 9:58:25 PM PDT by xuberalles ("The Right Stuff" Conservative Novelties http://www.zazzle.com/xuberalles)
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To: quantim

If this is the “american” version of the “Arab Spring” as Van Jones and the other commies are saying, when the hell are they going to demand that Barry step down from the throne? All I’ve seen so far is a bunch of loud mouthed college kids eating pizza and laying around in “fart sacks” for reasons unknown to even them.


20 posted on 10/06/2011 11:25:15 PM PDT by FlingWingFlyer (If you always tell the truth, you won't have to remember what you said.)
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