Monday, October 17, 2011

New poll shows Americans blame Washington more than Wall Street for economic problems

Three years into the Obama presidency, and the American people are no longer falling for the 'blame Bush' mantra anymore.  In fact, in a recent poll by The Hill, 56% of Americans blame Washington, including Congress and the President, for the currency economic problems much more than they are blaming Wall Street.

Surely Obama is neither the first (nor last) to recognize that the scapegoating of a "minority" group (as the Wall Street "1%" clearly is) and use it as a catalyst for class warfare, is a historically very successful tactic. Well, while thousands of people may express their displeasure with their plight openly before the traditional symbols of Wall Street, it would appear that Obama is failing in his attempt at global diversion from the place where popular anger should truly lie: Congress, Senate, and of course, the White House, without whose (and by 'whose' here we clearly envision Tim Geithner, Hank Paulson and Ben Bernanke) blessings Wall Street would not exist in its current form. Yet it does, and many have figured that out. According to a brand new poll by The Hill, "in the minds of likely voters, Washington, not Wall Street, is primarily to blame for the financial crisis and the subsequent recession. - Zerohedge

The sad thing is... the leaders in Washington are so inept, even when the American people are ready to hang Wall Street Bankers (real and in effigy), politicians can't take advantage of it, and instead, become the primary targets on the economy.


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