So, regarding the Times Square item, President Obama

…described the attack as a "sobering reminder" of dangerous times: "Around the world and here at home, there are those who would attack our citizens and who would slaughter innocent men, women and children in pursuit of their murderous agenda."

He praised the work of investigators and offered an uncompromising assurance: "As Americans and as a nation, we will not be terrorised. We will not cower in fear, we will not be intimidated. We will be vigilant and we will protect and defend the country we love."

The only thing missing is the bullhorn. The organization he was addressing? Oh, just the Business Council.

He assured his audience "he supports ‘free and open’ markets. He goes on to certify the government’s role as handmaiden to business, "offering educational loans, research investment, infrastructure building, and incentivizing [sic] innovation and export expansion. He declared that government must, ‘create [a] favorable environment in which businesses can grow and expand.’"

Obama also certified that he was as much a deficit hawk as Business Council members pretended to be.

Obama also addressed the need to “rein in [government] deficits in the long run.” He stated that the “Pay-as-you-go rule” has been brought back in Congress, and that he has appointed a “bipartisan fiscal commission.”

Anent Wall Street,

He introduced a three-pronged approach to the reforms: 1) “create way to protect system, and taxpayers in case large firm collapses,” 2) require “new transparency in financial markets,” 3) “enact strongest consumer financial protections ever.” Stating that, “unless your business model depends on bilking people, you have nothing to fear.” He then urged business people to join what he called his “non-ideological approach… in the interest of economy and business.”

Non-ideological approach?

As with the statements at the end about the Times Square kerfuffle, this last bit was for public consumption. It has no basis in any known policy proposal that has emerged from Obama’s administration, so far. It was pure window dressing.

alank

alank

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