If we at USDemocrazy want to see a good cat fight, we turn on Animal Planet.
Last Sunday, we saw TV cat fights involving lions, tigers and even President Obama!
That’s right, on Sunday President Obama had his catty claws out. In an interview he referred to America’s Wall Street bankers as a bunch of “fat cats”.
To make the name calling worse, it was only a day before Mr. Obama was scheduled to meet with these very same top bankers.
What was this meeting about (clearly not another friendly beer summit)?
America’s banks received extraordinary assistance from American taxpayers to rebuild their industry — and now that they’re back on their feet, we expect an extraordinary commitment from them to help rebuild our economy
Obama was having a hissy-fit at the bankers. He wants them to start lending money again so that businesses can start growing again and in turn hire people (again).
Now normally most people would jump at a chance to meet the President. However Obama’s cold words and the cold weather kept some bankers at home.
Bad weather grounded the commercial flights for the CEO’s of Goldman Sachs and Morgan Stanly, as well as the Chariman of Citigroup.
The big question is will this meeting result in increased lending by the brow-beaten bankers?
Shahien Nasiripour, at the Huffington Post, doesn’t think so.
He could be wrong though. After the meeting, Bank of America announced that it would increase loans to small and mid-sized businesses by $5 billion in 2010.
Who knows maybe those “fat cats” are cuter than people think?
