* The Obamessiah threatens bankers with rioting mobs if he doesn’t get his way:
Inside Obama’s bank CEOs meeting
By: Eamon Javers
Obama Stands Between CEOs And Pitchforks/Sweetness & LightThe bankers struggled to make themselves clear to the president of the United States.
Arrayed around a long mahogany table in the White House state dining room last week, the CEOs of the most powerful financial institutions in the world offered several explanations for paying high salaries to their employees – and, by extension, to themselves.
“These are complicated companies,” one CEO said. Offered another: “We’re competing for talent on an international market.”
But President Barack Obama wasn’t in a mood to hear them out. He stopped the conversation, and offered a blunt reminder of the public’s reaction to such explanations. “Be careful how you make those statements, gentlemen. The public isn’t buying that.”
“My administration,” the president added, “is the only thing between you and the pitchforks.”
The fresh details of the meeting – some never before revealed – come from an account provided to POLITICO by one of the participants. A second source inside the meeting confirmed the details, and two other sources familiar with the meeting offered additional information.
The accounts demonstrate that despite the public comments on both sides that the meeting was cordial, the tone in the room was in fact one of mutual wariness. The titans of finance – men used to being the most powerful man in almost any room – sized up a new president who made clear in ways big and small that he expected them to change their ways.
There were signs from the outset that this was a business event, not a social gathering. At each place around the table sat a single glass of water. No ice. For those who finished their glass, no refills were offered. There was no group photograph taken of the CEOs with the president, which typically happens at ceremonial White House gatherings, but not at serious strategy sessions.
“The only way they could have sent a more Spartan message is if they had served bread along with the water,” says a person who attended the meeting. “The signal from Obama’s body language and demeanor was, ‘I’m the president, and you’re not.’”
According to the accounts of sources inside the room, President Obama told the CEOs exactly what he expects from them, and pushed back forcefully when they attempted to defend Wall Street’s legendarily high paying ways.
From the White House, there were five principal attendees: Chief of Staff Rahm Emanuel, who arrived a few minutes late, Treasury Secretary Timothy Geithner, Council of Economic Advisers chair Christina Romer, Senior Adviser Valerie Jarrett and director of the National Economic Council Larry Summers. Uncharacteristically, Summers said almost nothing, and it appeared to one participant as if he had been told to remain silent…
The president spoke of public outrage over the high flying executive lifestyle. “The anger gentlemen, is real,” Obama said. He urged pay reform and said rewards must be proportional and balanced, and tied to the health and success of the company.
The president described the financial system as still “fragile,” and asked for cooperation from the CEOs. But he also told them he wouldn’t shy away from regulatory reform. Obama wrapped up his remarks and threw the conversation open to the table, saying “So, who’d like to talk?” …
Is this not the ultimate in chutzpah?
Who whipped up the mob, but Mr. Obama?
Who forced these companies into giving these bad loans to people who should have never been given loans in the first place, but Mr. Obama and his fellow Democrats?
And now he is using them (ACORN and his other legions) as a threat?
This is not the America we knew.
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Under afro-Marxist Hussein Obama, veterans who incur medical disabilities while defending the once great republic may (probably) be forced to utilize their civilian insurance to cover the cost, but the generational welfare parasites are given more handouts to keep the scum voting for him…
