The Arrogance of Obama

This is some real arrogance on the part of President Barack Obama.

From The 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.

“These are complicated companies,” one CEO said. Offered another: “We’re competing for talent on an international market.”

But President Barack Obama wasn’t in a mood to hear them out. He stopped the conversation and offered a blunt reminder of the public’s reaction to such explanations. “Be careful how you make those statements, gentlemen. The public isn’t buying that.”

“My administration,” the president added, “is the only thing between you and the pitchforks.”

I’m not surprised these bank executives “struggled” to make themselves clear to Obama; his executive, free-market and real-world experience would barely fill a thimble on their little finger.

They were likely struggling to  pay the respect due to the office of the President of the United States when the man filling that office is either stunningly ignorant about the free market….or extremely hostile to it.

As for the pitchforks, that sounds a little like Marxist-talk.  You know, of the bourgeois rising up with their pitchforks in hand to overthrow their proletariat oppressors.

And another thing: is Obama implying that the people of the United States are barely being held back and are restrained from violence only by the Obama Administration?  Or is the Obama Administration one of the socialist elements in our country trying to stir up class envy against the legal and legitimate operations of a private business?

And is he implying that if they don’t dance to his satisfaction, he may step out of the way and allow the American people to pillage the banks?

Regardless, Obama is radically overextending himself here.  He’s starting to act more like that king he bowed to than an American president of a free nation.

It’s time American people and American business pushed its collective self away from the table of federal largess and told the socialists where they can stick their dictatorial attitude.

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