THE AMERICAN JOURNAL

Obama Questions the ‘Audacity’ of Those Who Say the Bank Fee Is Unfair

ABC News’ Sunlen Miller reports:

In his weekly address, President Obama unloaded on critics of the bank fee, questioning how anyone could have the “audacity” to suggest his proposal is unfair

Read more: ABC

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January 16, 2010 - Posted by | Uncategorized | ,

4 Comments »

  1. I listened to the whole thing. At no time did the President “question how anyone could have the ‘audacity’ to suggest his proposal is unfair.”

    Comment by The Center Square | January 16, 2010 | Reply

    • Did you not hear him say:
      Those who oppose this fee have also had the audacity to suggest that it is somehow unfair,“ President Obama continued, “that because these firms have already returned what they borrowed directly, their obligation is fulfilled. But this willfully ignores the fact that the entire industry benefited not only from the bailout, but from the assistance extended to AIG and homeowners, and from the many unprecedented emergency actions taken by the Federal Reserve, the FDIC and others to prevent a financial collapse. And it ignores a far greater unfairness: sticking the American taxpayer with the bill.”

      Comment by MTR | January 16, 2010 | Reply

  2. Bear with me. I like to get my information straight from sources, not filtered by the media. I don’t much trust the media.

    I see those words quoted in the ABC reporting. But I listened AGAIN to the clip of the president’s remarks, and it’s not in there, I tell ya. The president’s words were: “We’re already hearing a hue and cry from Wall Street suggesting that this proposed fee is not only unwelcome but unfair.” Maybe ABC posted an incomplete clip of the president’s remarks, or got the wrong clip. Or maybe they’re citing a press release that accompanied the president’s remarks.

    “We’re already hearing a hue and cry from Wall Street suggesting that this proposed fee is not only unwelcome but unfair” is a straightforward of statement of fact. (A true one, at that.) “Those who oppose this fee have also had the audacity to suggest that it is somehow unfair” implies that the president is unwilling to hear dissent, an implication that is absent in his actual remarks. But again, maybe he said the quoted remarks in some other venue.

    Comment by The Center Square | January 16, 2010 | Reply

    • I hear you. But I can’t seem to find a video of Obama’s latest remarks, only the inital speech where he declared the bank fees.

      [update] I looked at the quote you stated and he made that on January 14th. This article is from the 15th.

      Comment by MTR | January 16, 2010 | Reply


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