The Banksta's President

If you still don't believe that Obama is firmly ensconced in the deep, well worn pockets of the Bankstas then just read this propaganda piece with the maxim in mind, "closing the barn door when the horses are gone".

Wall Street is not going to play as dominant a role in the economy as regulations reduce "some of the massive leveraging and the massive risk-taking that had become so common," President Barack Obama says.

Ya think?

Reduced regulations (Glass Steagall in particular) allowed the Street to dominate Washington, the economy, and the current administration. Re-regulation is what your really yappin about. It plays great to the choir, but the bankstas couldn't care less, they've got theirs and are gone.

That's what "closing the barn door when the horses are gone" means.

The changes in the role of Wall Street and the huge profits that came from that risk-taking could mean other adjustments as well, Obama said in an interview in this week's New York Times Magazine.

"That means that more talent, more resources will be going to other sectors of the economy," he said. "I actually think that's healthy. We don't want every single college grad with mathematical aptitude to become a derivatives trader. We want some of them to go into engineering, and we want some of them to be going into computer design."

If your bail-out policy continues, college grads, nor anyone else for that matter will need mathematical aptitude, as there won't be a city in the nation with electricity 24-7.

The Obama administration is trying to restore more regulations on the financial sector to avoid some of the risk-taking that helped cause the current economic problems.

The Obama administration is the other bookend to the Regan administration which opened the openly destroy regulations on the financial sector, door. George Bush lead us to the edge, but amazingly couldn't push us over. So, now comes Obama to finish the job, the way the pied piper finished the rats.

"Wall Street will remain a big, important part of our economy, just as it was in the '70s and the '80s," he said. "It just won't be half of our economy." Obama said he expects that government efforts to fix the economy will cause long-term changes.

It's unlikely that the US economy will remain big or important once Obama gets finished with the banksta's agenda.

"What I think will change, what I think was an aberration, was a situation where corporate profits in the financial sector were such a heavy part of our overall profitability over the last decade," he said.

It was no aberration at all. As long as there is a Federal Reserve to make money from nothing to give to it's elites while replenishing the fictional cash with a tax on the real the working class, corporate profits and profitability will run neck and neck with inflation. Whichever horse wins the worker loses.

Obama said he's confident that people will regain trust and confidence in the financial system, but he believes it will take time.

I am confident that confidence in the Wall Street confidence scheme will financially ruin the people again and again.

"I think it's important to understand that some of that wealth was illusory in the first place," he said.

I think it's important that, that was said in the last place.