"Capital Beyond the Control of the Capitol"

Obama can be thought to be less than presidential, or he can open his mouth and remove all doubt!

Then again, in terms of candidates for a perp walk, there were pretty slim pickings: Many of Wall Street’s leading luminaries stayed away, perhaps out of pique at the notion that mere elected officials would have the gall to tell Masters of the Universe how to run their affairs. Unless your business model depends on bilking people, there’s little to fear from these new rules. Yet there is so much fear abroad in the land, or at least up and down Wall Street, that the big financial institutions are shelling out millions to try to torpedo the reforms.

"Perp walk"? "Masters of the Universe"?? "Unless your business model depends on bilking people..."??? Who's writing your material these days, Mr. President? Keith D'Oh-lbermann??? This might make good "boob bait for the bubbas" among your party faithful, but seriously?? Is there no one in your own administration that might be a "candidate for a perp walk"? Does the name TurboTax Timmy Geithner, your current Treasury secretary ring a bell? Did you invite Tom Daschle, who failed to pay more than 100 grand in back taxes to Washington to a "perp walk" or to be part of your administration?

Mr. President, you walk softly and carry a big "shtick"!

Your sneering characterization of bankers as "Masters of the Universe" only seems to bother you to the extent that they are encroaching on your turf! These men are responsible for accruing and managing capital which is beyond the control of the capitol! That is to say, money that can be lent to businesses for expansion and creation of jobs, growth instruments that might provide for someone's secure retirement funds, and money to lend consumers for education, (scratch that! The government already consumed that part of the economy!), for home improvement (without a government contractor providing the services), for a new car, perhaps even one not built by Government Motors?

And did you notice the false dichotomy? Either you are a con man, bilking your customers or you have "nothing to fear" from Obama's new rules. When exactly did you stop beating your wife, Mr. Obama?
Perhaps, the bankers do not wish to "torpedo reform" as much as to torpedo your "reforms"? Maybe the bankers could object, not on the grounds that they currently do or ever had intentions of "bilking people", but on the grounds that these men are professionals who are managing multimillion enterprises, whereas you, Mr. President, have never managed as much as a lemonade stand, and yet you proceed to lecture captains of industry as if you had!

They don't object to your "gall" Mr. President, although you have plenty of that. No, I think they object to your incompetence and your willingness to have the government take over large portions of our economy with the same hope of efficiency and success that we've seen with the Post Office, Medicare, the VA, Social Security and the D.M.V.

I think that Obama's "pique" is directed at any "capital beyond the control of the Capitol". He's not greedy. He just thinks government should have it all!

Cross posted at Say Anything