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Thursday, October 20, 2011

Why No Anti-Obama Signs at Wall Street Protests?

By Rick Pearcey • October 20, 2011, 10:21 AM

"The Occupy Wall Street folks tell us to blame Wall Street for the nation's financial troubles," writes columnist Larry Elder.

But "notice the no-fly zone over President Barack Obama."

Excellent point: "Where are the anti-President Barack Obama signs or the verbal chants denouncing the president? . . . Fed Chairman Ben Bernanke, former Speaker Nancy Pelosi, D-Calif., and President Barack Obama say they sympathize with the protesters. Of course, they do."

We have seen more than "two years of reckless spending, the inflationary printing of money, massive 'stimulus' that failed to 'save or create' 3.5 million jobs, green technology 'investments' in soon-to-be-bankrupt companies whose investors donated to and raised money for the president's election and unpopular bailouts."

In short: "The dismal results are in," says Elder.

"What to do?," he asks.

That's all to predictable: "Find a scapegoat -- provided it isn't Freddie, Fannie or the Community Reinvestment Act, the real culprits behind the housing meltdown. No, Wall Street will do nicely.

"Just keep Obama's name off the list of grievances."