Obama offers boob bait for the Occupy Wall Street protesters

This is so rich, the Obama administration, as well as the national Democratic Party, is trying to harness the power of Occupy Wall Street for political gain. (Read and Read) The big question: will the tens of thousands of OWS protesters across the nation fall for this boob bait for Bubbas? (apologies to the late Democratic Senator Daniel Patrick Moynihan ). President Obama is the man who received nearly twice as much big Wall Street money than John McCain in the 2008 election. He’s the man who appointed Wall Street-approved Tim Geithner to guide the economy. This administration bailed out Wall Street and agreeably gutted Wall Street reforms in the very mild Dodd-Frank financial services bill.

To put it succinctly, Trying to position Barack Obama as the ideological soulmate of Occupy Wall Street is like trying to argue that Jesus Christ is God to only prohibitionists. Read the books — the evidence goes against it.

Nevertheless, the party’s campaign committee wants 100,000 signatures in solidarity with OWS. Obama campaign leader David Plouffe is spinning it as kitchen table economics. The Democrats are busy trying to paint Mitt Romney as representing all of Wall Street’s evils and the president used and event to honor the late Martin Luther King to praise the protests. If this boob bait makes most of the protesters purr, it will be great political chicanery.

Obviously, the Democrats hope to get these protesters energized to re-elect the president, and other Democrats, in 2012. It’s an iffy effort, though. Huge swaths of the protesters don’t feel much warmth toward capitalism, which the last time I checked, the Democratic Party fully supports. It’s not a stretch to say that the far left has control of many of the rallies. Democratic campaign consultant and pollster Douglas Schoen did a poll of OWS protesters and his results show that too many protesters are comprised of radicals who are strangers to mainstream American political values. (Read) Schoen writes: “… Occupy Wall Street is a group of engaged progressives who are disillusioned with the capitalist system and have a distinct activist orientation. Among the general public, by contrast, 41% of Americans self-identify as conservative, 36% as moderate, and only 21% as liberal. That’s why the Obama-Pelosi embrace of the movement could prove catastrophic for their party.”

Schoen adds that President Obama’s decision to attach himself to a far left movement by attacking Wall Street and the rich, rather than devote energies to having the deficit reduction supercommittee be successful, risks further alienation of independents, who have cooled to the president considerably in three years.

According to Schoen’s polling, “Sixty-five percent say that government has a moral responsibility to guarantee all citizens access to affordable health care, a college education, and a secure retirement—no matter the cost. By a large margin (77%-22%), they support raising taxes on the wealthiest Americans, but 58% oppose raising taxes for everybody, with only 36% in favor …

The term, “no matter the cost,” is the cry of a petulant child, rather than a mature adult. Affordable health care, a college education, and a secure retirement, are goals that are to be worked for, not handed out. I’m not sure that the Democrats can control the OWS movement with a generous handfuls of boob bait and meaningless rhetoric.

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17 Responses to Obama offers boob bait for the Occupy Wall Street protesters

  1. Bob Becker says:

    The term, “no matter the cost,” is the cry of a petulant child, rather than a mature adult.

    Funny, sort of reminds me of Romney’s calling for a huge increase in defense spending and for adding 100,000 new military to the nation’s permanent armed forces [Citadel speech], regardless of the cost. For which deficit hawks on the right have waled into him.

  2. Owain says:

    “Funny, sort of reminds me of Romney’s calling for …adding 100,000 new military to the nation’s permanent armed forces [Citadel speech], regardless of the cost.”

    Bob, I looked at a transcript of Romney’s Citadel foreign policy speech, and I don’t see where he advocates adding 100,000 troops to the armed forces. Where are you getting that?

  3. Doug Gibson says:

    Bob, you are correct that pols can be petulant, and to your credit you have been critical of Obama. I promise to take a hard look at Romney as the months go on. However, I am interested in what you, Owain, and others think about the establishment Democratic Party making a conscious decision to harness the OWS energy to their advantage. It seems a task that they may, in reality, have no control over. It’s worth mentioning that the anti-war protests did not translate to Democratic Party success in presidential elections in the 1960s, early 70s.

    • Owain says:

      In answer to your question, Doug, I think it’s a big mistake on the part of Democrats in general and Obama in particular.

      In Obama’s case, why go to great lengths to tell people I’m no socialist, and then turn right around and embrace a movement where Almost every organization present at OWS is explicitly communist or socialist.

      Yeah, that will get you in solid with moderates and independants for the 2012 elections.

      • Doug Gibson says:


        I think there are lots of extremist organizations at the OWS, and there are media that are pointing that out. However, there are considerable amounts of people who are frustrated, particularly college students who graduated with $20,000-plus student loans and few options that pay well for work. The trick is to harness that energy for reform and take out the radical elements. It may be impossible, particularly as the rallies thin out as winter approaches. That is why it’s such a dangerous — and cynical — game the White House is playing.

        • Owain says:

          With respect to the students with loans they need to pay, how is that Wall Street’s fault, or the fault of the banks who loaned them the money? The students needed the money, and the banks loaned it to them. The banks provided a service, so that makes them the bad guys?

          If you want to go into debt to get a degree in a subject that no one is willing to pay you a wage, who’s fault is that? The country only needs so many anthropology, sociology, theater, art, ethnic or woman’s studies majors. Once the demand had been filled, it doesn’t matter how much you owe on your loan, no one is hiring for those positions.

          If you have an engineering degree, I know where you can find employment tomorrow. If you have a degree in old english literature, you are on your own. Perhaps they need to be occupying college campuses instead of Wall Street to complain about their oversold, overpriced educaton.

        • Owain says:

          Doug, at it relates to the Occupy Wall Street protests, what reforms do you think should be made. This is something I don’t think the protesters have made clear. It’s one thing to be frustrated to be unemployed/underemployed, but what changes do they think are necessary on Wall Street to change that?

          • Doug Gibson says:

            I think OWS is a mix of kids and adults worried about the future and gadflies who don’t like capitalism.

            My ideas: I think the Volcker rule, if passed, should be strengthened, and the wall between banks and brokerages should be reinstated (Glass-Steagall)

            I also think that capitalization requirements for financial institutions should be raised prior to peddling investments.

            I would place more SEC regulatory practice over derivatives, and other high-risk bundling investments. Mortgage holders also need to have regulations in place that track every step of a mortgage life, and swap. This is causing havoc for underwater home buyers who are trying to stay afloat

            Fannie Mae and Freddie Mae need to made independent, or dumped.

            The industry should enact very strict requirements to home ownership.

            Just an off the top of my head list.

          • Owain says:

            That’s good as far as Wall Street goes. None of that will make any difference to the OWS protesters. I don’t think that any reforms on Wall Street will result in favorable changes to the plight of the protesters.

            I think they’d be better off occupying the White House lawn than they are Wall Street, but that would just get more of them arrested. Wall street and financial markets are not the source of their problems. The Obama Administrations policies are what is hammering the economy right now.

  4. Steve Stones says:

    It’s funny how Eric Cantor encouraged and egged on the Tea Party Movement two years ago to protest and take to the streets of Washington. Now, however, he wants to call Wall Street Protesters angry mobs. How come his beloved Tea Party group is not seen as such? Sounds convenient to me. These are times to be ashamed of being a Republican, as far as I’m concerned. The party of “hell no!”

  5. Owain says:

    They ARE a mob, and a filthy, unlawful, violent, racist mob at that.

    They’ve fouled the Zuccotti Park so badly, it’s becoming a health hazard.

    Their frequent violations of the law have let to numerous arrests.

    Currently, one of their biggest problems involves protesters stealing from each other.

    In Philidelphia, there are allegations that a 19 year old student was <a href="Link text “>raped by another protester.

    In Seattle, a protester was arrested for exposing himself 5 times to children.

    Antisemitism at the OWS protests have gotten so bad, it had generated compliments from the Iranian news agency.

    I don’t recall anything like this going on at Tea Party protests. If anything, calling ‘Occupy’ protesters an angry mob represents an unjustified insult to everyone in the angry mob community.

    • Owain says:

      I apologise for the bad link above. The link for the story on the alleged rape should read: http://www.cbsnews.com/8301-504083_162-20122659-504083.html

    • Owain says:

      More examples of bad behavior in the part of ‘occupy’ protesters.

      The Tea Party started protesting nearly 3 years ago, and to my knowledge, there have been no significant problems from Tea Partiers in all that time.

      The Occupy protests have been going on for not much more than a month, and look at them. The liberal Occupy Protesters are guilty many times over of everything the conservative Tea Party was accused of and more, but which never happened.

      Anyone care to explain that?

  6. Owain says:

    More “Occupy” protesters misbehaving.

    I think that before this movement implodes, we will look wistfully back to when they were just an angry mob.

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