{"id":1438,"date":"2009-10-19T16:50:47","date_gmt":"2009-10-19T20:50:47","guid":{"rendered":"http:\/\/cfif.org\/v\/freedom_line_blog\/?p=1438"},"modified":"2009-10-19T16:50:47","modified_gmt":"2009-10-19T20:50:47","slug":"obamas-pot-upbraids-wall-street-kettle","status":"publish","type":"post","link":"https:\/\/cfif.org\/v\/freedom_line_blog\/1438\/obamas-pot-upbraids-wall-street-kettle\/","title":{"rendered":"Obama&#8217;s Pot Upbraids Wall Street Kettle"},"content":{"rendered":"<p>How&#8217;s this for unadulterated, sanctimonious chutzpah:\u00a0 &#8220;Top Obama Aides Upbraid Wall Street.&#8221;<\/p>\n<p>So announces a <a href=\"http:\/\/www.washingtonpost.com\/wp-dyn\/content\/article\/2009\/10\/18\/AR2009101802542.html?nav=hcmoduletmv\" target=\"_blank\"><em>Washington Post<\/em> headline<\/a>, discussing the harsh criticisms leveled by Obama Administration officials against Wall Street firms.\u00a0 But consider this:\u00a0 if Wall Street executives ran their firms and kept their books the same way that the federal government does, they would be in jail until their dying days.\u00a0 Or consider how Obama and his apologists promised that if his &#8220;stimulus&#8221; plan was passed, unemployment would top out at 8%.\u00a0 Well, it&#8217;s now at 9.8% and rising.\u00a0 If a Wall Street CEO made similarly fatuous promises to unwary consumers, the resulting onslaught of class action lawsuits would descend faster than a Swiss avalanche.<\/p>\n<p>Yet there was David Axelrod on ABC&#8217;s <em>This Week<\/em>, labeling Wall Street behavior &#8220;offensive&#8221; and admonishing them that &#8220;they ought to think through what they are doing.&#8221;\u00a0 Perhaps, but nobody should take that advice more than officials of an administration that is taking an already-dangerous fiscal situation and making it positively deadly.\u00a0 Too bad there are no righteous trial lawyers who can do anything about <em>them<\/em>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>How&#8217;s this for unadulterated, sanctimonious chutzpah:\u00a0 &#8220;Top Obama Aides Upbraid Wall Street.&#8221; So announces a Washington Post headline, discussing the harsh criticisms leveled by Obama Administration officials against Wall Street firms.\u00a0 But consider this:\u00a0 if Wall Street executives ran their firms and kept their books the same way that the federal government does, they would [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[59,19,24,61],"class_list":["post-1438","post","type-post","status-publish","format-standard","hentry","category-posts","tag-deficit","tag-economy","tag-obama","tag-spending"],"_links":{"self":[{"href":"https:\/\/cfif.org\/v\/freedom_line_blog\/wp-json\/wp\/v2\/posts\/1438","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/cfif.org\/v\/freedom_line_blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/cfif.org\/v\/freedom_line_blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/cfif.org\/v\/freedom_line_blog\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/cfif.org\/v\/freedom_line_blog\/wp-json\/wp\/v2\/comments?post=1438"}],"version-history":[{"count":1,"href":"https:\/\/cfif.org\/v\/freedom_line_blog\/wp-json\/wp\/v2\/posts\/1438\/revisions"}],"predecessor-version":[{"id":1439,"href":"https:\/\/cfif.org\/v\/freedom_line_blog\/wp-json\/wp\/v2\/posts\/1438\/revisions\/1439"}],"wp:attachment":[{"href":"https:\/\/cfif.org\/v\/freedom_line_blog\/wp-json\/wp\/v2\/media?parent=1438"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/cfif.org\/v\/freedom_line_blog\/wp-json\/wp\/v2\/categories?post=1438"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/cfif.org\/v\/freedom_line_blog\/wp-json\/wp\/v2\/tags?post=1438"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}