The Recession Will End...When Obama Tames the "Fat Cat" Bank

by SixFigureStart | December 15, 2009

  • My Vault
“I did not run for office to be helping out a bunch of fat cat bankers on Wall Street.” (via 60 Minutes)

Well, it looks like the recession is back on. Despite comments over the weekend from Larry Summers who said that “everybody agrees that the recession is over,” there’s still that niggling problem of 10 percent unemployment. And outsized bonuses on Wall Street, which only create a further disparity between the rich and everyone else. Populist rage over the bonuses and Obama’s claim that he gives his record so far a “solid b-plus” are a sign that people are mad, and not ready to call an end to the tough times—because they’re still experiencing them.

[Read More on Obama and the fat cats]

--Posted by Laura Rich, RecessionWire.com

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