OMG o' the Day
Jamie Dimon for Treasury secretary? Alexander Hamilton just rolled in his grave.
Of course, it's just a false alarm. Running Treasury, Li'l Jamie would answer to Obama. As it stands now, it's just the opposite, and that's the way Li'l Jamie likes it.
Comments (5)
Jeez, that's like John McCain's plans to put Phil Gramm in the same spot. In either case, that's like hiring Charles Manson to run a psychiatric hospital or Whitley Strieber to run NASA.
Posted by Texas Triffid Ranch | November 27, 2012 12:34 PM
This from the link...:
"Obama can get away with showering praise on Dimon and JP Morgan because most Americans are ignoramuses when it comes to economics and politics, thanks to public mis-education at government-run schools and the establishment’s corporate media.
He will go into the election season espousing stale and transparent anti-Wall Street rhetoric that works like a charm on far too many Democrats and “progressives” who are so brainwashed by the false right-left paradigm that they actually believe Obama will save them from the “vulture capitalism” of Romney and the Republicans."
... could be Portland's story, with minor edits:
"SamRand & CharLie can get away with showering praise on Gerding/Elden and other Goldschmidt cronies because most Portlanders are ignoramuses when it comes to economics and politics, thanks to public mis-education at government-run schools and the establishment’s corporate media.
CharLie will go into the election season espousing stale and transparent anti-developer rhetoric that works like a charm on far too many Democrats and “progressives” who are so brainwashed by the false right-left paradigm that they actually believe CharLie will save them from the “vulture capitalism” of Lister and the Republicans."
Posted by Harry | November 27, 2012 2:08 PM
It's all a Frick and Frack show anyhow. Barofsky's boring, but illuminating book "Bailout" documents there wasn't an inch of daylight between the Bush and Obama administations' TARP policy response, except the R's were more honest in laying out what they were actually up to.
Posted by Newleaf | November 27, 2012 4:24 PM
Hallelujah !!!!!!!!
Somebody in Porkland actually "GETS" it.
Thank you Harry. Now if only you could get the word out. Too bad we cannot rely on the local no news media.
Posted by BoBo | November 27, 2012 8:07 PM
"JP Morgan is a key player in the destruction of the U.S. economy. It is the largest derivatives dealer in the world. According to Fitch, JP Morgan Chase, Bank of America, Goldman Sachs, Citigroup, and Morgan Stanley together hold 80% of the country’s derivatives risk, and 96% of the exposure to credit derivatives."
I think he would be perfect for the job. In the final take down of the American economy, he has everything you need to finish the mission.
Posted by tim | November 28, 2012 9:04 AM