Skip to comments.Obama acknowledges Wall Street protests as a sign
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 ...
obama talking “signs” again? yep, he’s campaigning.
Wall St’s getting its community organized....suprissuprise!!!
A real leader would have acknowledged them and reminded them that we vote every November.
He finally got around to noticing the evidence he arranged to have manufactured.
There. Fixed it for ya Bammy.
Tea Party = Tea Party protests
Nice, considering it is all orchestrated from the White House.
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...
He will be sorry he sided with them.
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.
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?
“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!
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
are these morons being fed some of those millions of military “K-Ration” style meals that der reader ordered.
lol..they very well could be!
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.
Van jones and his fellow travellers are getting amped up that baraq hasn’t gone far enough.
Add to that baraq’s “army” who is demanding more free stuff.
Jones and his group seriously advocate violent revolution to overthrow the system. baraq and the rest of the dems believe in cloward piven strategy of overwhelm the system. They are working together. But if the van jones types aren’t sated, they will turn on baraq. That has been factored in. If the jones gang turns on baraq, he will have to step in to restore order.
Given who baraq is, imagine him restoring order. His surrogates have already floated the idea of suspending elections. And this guy is one who outwardly pisses on the Constitution.
Watch out ZERO, your chickens are going to come home to roost!
In the 30’s the National Socialist Party in Germany used the Jews as the scapegoats for their economic woes. They had mobs in the street protesting the Jews. In 2011 Obama is using Wall Street and the rich as the scapegoats for the economic woes that he can not solve. He has mobs in the streets protesting the rich. The rich are Obama’s Jews.
We know what happened to the scapegoats of the National Socialists ended up. Is this where Americas rich will end up? There is precedent Mao, Castro, Che, Pol Pot, etc.