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Re: [Pen-l] Wall Street's Obama Investment

Jim Devine
Mon, 30 Aug 2010 14:22:19 -0700

David Bromwich:
> When Obama says of Lloyd Blankfein and Jamie Dimon, "I know both
> those guys; they are very savvy businessmen" -- with artless pride
> in the fact that he moves in their circles -- we are a long way
> from John Kennedy during the steel crisis of 1962, after U.S.
> Steel announced an across-the-board price increase: "My father
> always told me that all businessmen were sons-of-bitches, but I
> never believed it till now." No, Barack Obama would never say such
> a thing because he would never think such a thing. It is not that
> he is in their pocket. They are in his heart.

CB:
> Ahhaa, so JFK was a good Dem afterall; he was against
> "businessmen" in his heart....

Saying stuff like "My father always told me that all businessmen were
sons-of-bitches, but I  never believed it till now" could come from
the fact that JFK was very rich (while his father was both a son of a
bitch and a businessman). Rich people can talk about their peers that
way without getting attacked or ignored the way plebes would be. It's
also possible that in this statement "old money" (JFK) is sneering at
"new money" (those who get their hands dirty, firing employees,
producing shoddy products, etc., rather than playing with stocks and
bonds and clipping coupons).

also, aren't "good Democrats" pro-business? The DP is not an
anti-business party, and never has been, despite what the Chamber of
Commerce says.

-- 
Jim DevineĀ / "Segui il tuo corso, e lascia dir le genti." (Go your own
way and let people talk.) -- Karl, paraphrasing Dante.
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