If Obama were a ship, he would be a rudderless craft hoping to land safely somewhere where it is warm and sunny.


Editor's notes: this interview in Bloomberg was just released. Once again, Obama has succeeded in confusing just about everyone and the world of the Left AND the Right is getting tired it. No sooner had his interview been released than Paul Krugman and the Huffington Post (a far Left NY Times columnist and one of the most radical Left blogs in the country) leveled attacks against their president !!

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Feb. 10 (Bloomberg) -- President Barack Obama said he doesn’t “begrudge” the $17 million bonus awarded to JPMorgan Chase & Co. Chief Executive Officer Jamie Dimon or the $9 million issued to Goldman Sachs Group Inc. CEO Lloyd Blankfein, noting that some athletes take home more pay.

The president, speaking in an interview, said in response to a question that while $17 million is “an extraordinary amount of money” for Main Street, “there are some baseball players who are making more than that and don’t get to the World Series either, so I’m shocked by that as well.”

“I know both those guys; they are very savvy businessmen,” Obama said in the interview yesterday in the Oval Office with Bloomberg BusinessWeek, which will appear on newsstands Friday. “I, like most of the American people, don’t begrudge people success or wealth. That is part of the free- market system.”

Obama sought to combat perceptions that his administration is anti-business and trumpeted the influence corporate leaders have had on his economic policies. He plans to reiterate that message when he speaks to the Business Roundtable, which represents the heads of many of the biggest U.S. companies, on Feb. 24 in Washington.

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More editor commentary: You will hear more of this beginning today and extending into the week. First the evil CEO's of Goldman Sachs and JPMorganChase need to be run out of town. Apparently, over the course of time, Obama has reconsidered . . . . . . . and "time" in this case is defined as the "passing of three days." Which is it? We are to hate them or understand them?

Want to know what has happened, here? Remember that Supreme Court decision of a 10 days ago? The one that protected "corporate political speech?" that decision opened the power of the corporate political machine just in time for the 2010 elections and that isn't good for the Obama type politicians of this country. 77% of Wall Street clientele believe Obama is anti-business. And they now have the legal basis to use their corporate funds to defeat this clown in the White House. The second the Supreme Court made its ruling, Obama understood its significance. He TOLD America he was angry with the Court because it had put foreign powers in control of much of the American politic. That was a ruse. The reason for the display of anger by the Left, including Obama, is that in this Court decision, the rules of the coming electoral battle have been changed to the harm of the Administration.

Obama has boxed himself in on so many fronts, the end result is truly stunning. He has nowhere to go and, as a consequence, he cannot reverse policy without losing more and more of his base. If you follow this blog, you are familiar with our use of the Presidential Approval Index by Rasmussen. It currently stands at a -12. We except that number to go even further into the Obama tank as a result of today's interview. Maybe he should stay in the White House and do his job. But perhaps it is too late for that. --- jds.

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