Obama's conflict

Many Democrats are disenchanted by the current President.  These are people who are sincere in their love of their country, loyal to their core values and feel betrayed and ignored.  They want the man they voted for in 2008, not the man who governs currently. And they've kept silent for over two years, but many are seething and are beginning to publicly express their displeasure.

From WSJ:   "Some liberal donors are upset not at the legislative positions the White House settled on, but at Mr. Obama's hesitance, in their view, to fight for what they see as a better deal.

"He's terrified of confrontation," Art Lipson, a hedge fund manager in Salt Lake City and longtime Democratic benefactor, said of Mr. Obama. He complained that Mr. Obama had given in too easily on extending George W. Bush-era tax cuts for wealthier Americans, did not fight the GOP for a higher estate tax, and had been too easy on banks in the wake of the financial meltdown.

Mr. Lipson said he would not contribute to Mr. Obama's 2012 campaign. "I wouldn't be surprised if a lot of people say, 'Obama doesn't care about us. Let him take care of himself,' " he said.

Guy Saperstein, a lawyer in California's East Bay who donated $111,300 to Democratic campaigns and causes in the 2008 election cycle, said he is "not contributing a dime" this time around.

He accused Mr. Obama of being "worse than Republicans" and "a Trojan horse for Republican policies," citing the president's expansion of the war in Afghanistan, extension of the Bush tax cuts and retention of Bush-era anti-terrorism policies."

Wall Street wants to be coddled and protected.  And if they are donating to the President it is because they are expecting a financial return on their investment.   Whether it be a promise of unlimited QE, corporate tax breaks, a promise not to raise their personal income tax or capital dividends tax... Whatever it is,  Wall St. will expect something more from Obama than a signed copy of one of his books in exchange for the contributions.

As I wrote in the previous posting, one can not serve two masters.  You can not strengthen 'Main Street' America if your focus is strengthening Wall St.   The two are in competition with one another.  Main Street' creates jobs and builds & sustains communities--  Wall St. creates nothing; it makes profit from nothing.   'Main Street' is forced to care what Wall St. does while Wall St. is completely oblivious to the bottom 98%.  So anyone who serves the People can not serve Wall St as well..  there's a conflict.

Perhaps the President could take a page from Urkel from TV's "Family Matters"-- just reflect upon all his pro-corporate, pro-Wall Street policies, and exclaim with some contrition and guilt, "Um, Did I do That?"