ZeroHedge readers seem to be in unanimous agreement with my above noted comment (22 – 0) regarding this report that Obama and the Feds are about to open up a can of whoop-ass on the banks:
To be clear, despite the fact I’m conservative in both my economics and politics, I was a supporter of Obama on the hope he could restore some humanity to the political process after “W” and his crew drove the world to the brink.
Unfortunately, Obama’s failure to go after big banks and Day 1 (when he was in their pocket) … only to turn on them now in a desperate attempt to save his Presidency, serves to prove that people have virtually no hope of having any politicians serve in their best interest …. and that some kind of revolution will take place within my lifetime as people get used and pushed to the brink.
My disappointment will only be subdued by what another reader said best:
So it’s come down to cannibalization among the government and banking elites.
Let the games begin … the next 14 months are going to be wild.