Obama To Bank CEOs:
"My Administration Is The Only Thing Between You And The Pitchforks"
Politico:
The 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.
My comment...
I listened to Pres. Obama's address this morning, and recalled his meeting with Bank CEOs two years ago. I fear we are looking into the abyss of a breakdown in the political dialogue. The Left fears a two-class New Gilded Age of rich and poor; the Right fears outright class warfare. There will be no winners.
And, according to Warren Buffett, one of the world's richest men: “There's class warfare, all right, but it's my class, the rich class, that's making war, and we're winning.”
TheNewGildedAge.blogspot.com This blog focuses on the growing inequality of income and wealth in the U.S. As Warren Buffett said in 2008: “There's class warfare, all right, but it's my class, the rich class, that's making war, and we're winning.”
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