Free Markets, Free People
Quote Of The Day
Reports are out that Obama had this to say at a meeting of CEOs of major banks last week in the White House:
As first reported by Politico’s Eamon Javers, and confirmed by ABC News with industry sources, some bankers gave explanations for the industry’s high salaries, such as “competing for talent on an international market.”
But, President Obama cut them off.
“My administration is the only thing between you and the pitchforks,” the president told them.
The gall of that statement is staggering. Imagine the sheriff inciting a crowd against the businesses of a town and then running to the business owners and telling them, “I’m the only thing between you and the pitchforks”.
Obama’s fingerprints are all over those pitchforks.