Our Fat Cat Populist

Obama, Clinton and Pepe

February 7 2012, 0 Comments

By Mr. Curmudgeon

The Conscience and Obamacare

January 31 2012, 0 Comments

By Mr. Curmudgeon

By Mr. Curmudgeon

That Obama’s anti-business message isn’t getting much traction with the American people is disturbing some in the media. “…The only potent grass-roots movement to emerge from this moment of dissatisfaction with America’s economic elite exists not in support of the president or his party, but far to the right instead, in the form of the so-called Tea Party rebellions that are injecting new energy into the Republican cause,” says the New York Times. It never dawns on them that Obama and his party’s so-called populism is as phony as a three-dollar bill.

Lately, the media has focused on the fat cats at Goldman Sachs. During the ObamaCare debate, Goldman advised investors to buy shares of UnitedHealth Group and Cigna because its analysts believed (correctly) that insurance rates would rise sharply as competition dropped. They also created bundled mortgage-backed security investments designed to fail – so they could make a bundle shorting them. Goldman’s fat cats, who Obama now condemns, contributed $994,795 to get him elected. Besides, how is it that Obama earned the populist title? His net worth is estimated at $11 million.

“Most Democrats, after all, persist in embracing populism as it existed in the early part of the last century,” says the Times, “…In this worldview, the oppressed are the poor, and the oppressors are the corporate interests who exploit them.”

Then the Times has a rare Eureka moment. “It’s not incidental that the old manufacturing unions, like the autoworkers and steelworkers, have been eclipsed in membership and political influence by those that represent large numbers of government workers.”

The reason the Tea Party is considered so dangerous by mainstream media and status quo Washington is that they are redefining populism to mean the little guy (that’s us, the unemployed and over-taxed) against the fat cats…and that’s not BP or Goldman Sachs. According to the Bureau of Labor Statistics, the average government employee earns a $67,691 annual salary, with an additional $40,785 in health, pension and added benefits. Washington’s public sector fat cats cost taxpayers $224 billion a year (and these figures are for 2008, before Obama expanded fat-cat Washington to never before seen levels).

Democratic political strategist Stanley Greenberg believes the Democrat’s populist message will push voters away from “the Tea Party and the extremism of the Republican Party…” Someone forgot to tell the voters of Nevada. Home schooling, Tea Party Republican Sharron Angle leads Democratic Senate Majority Leader Harry (hiss, hiss) Reid 50 to 39 percent.

Obama, like his pal Bill Ayers, is still living in the radical 60s. Some people never grow up. And there is nothing like an economic depression to make the “workingman” nostalgic for the carefree days being exploited by evil capitalists thriving in a robust and growing economy.

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