Michael Steel really isn’t too bright:
RNC chair Michael Steele defended Wall Street as the creators
of wealth in a combative interview today while urging the Obama admin
not to “demonize” and “demagogue” against a system that plunged the
economy into recession.
In a stop on CNBC’s “Squawk Box,” Steele attacked government spending
and the admin, all while urging more trust in Wall Street.
“Don’t trust the federal government to get it done. We’re here on
Wall Street. We are on Main Street. Trust those people who built the
economy in the past. The federal government has never created one job
that is sustainable long term.”
This would be the same federal government that bailed out Wall St and employs 14.6 million people.
Ben Cohen is the editor and founder of The Daily Banter. He lives in Washington DC where he does podcasts, teaches Martial Arts, and tries to be a good father. He would be extremely disturbed if you took him too seriously.