Called to the Principal’s Office
by Mike on Apr.24, 2009, under Political
Yesterday was the credit card companies. A few weeks ago was the car companies and a few weeks before that, the big banks. Pretty soon it will be the pharmaceuticals and insurance companies called down to the White House to be harangued by the mean headmaster.
Does anyone find it strange that the President is using his position to call private businesses into his office and tell them how to run their companies and industries? When is he going to call in those folks who are strung out on credit card debt because they lived beyond their means and tell them to get their act in order? I am all for the President using his bully pulpit to drive major initiatives within our country (even though I don’t like most of the Obama proposals to date), but using the White House for this populist scolding of “evil” businesses is just pandering.
Sure, I think credit card companies can be abusive. I think Capital One runs the most hypocritical ads implying they don’t kill you with late fees when they are one of the worst for that. But I vote with my feet and if I don’t like what the credit card company is doing, then I don’t do business with them. Someone might contend that not everyone has good credit and therefore doesn’t have the luxury to pay-off or move balances. I reply that those folks should not have credit card debt. Call me cold, but that’s how I see it.
But back to my original point – The President is the President, a leader, a statesman, a visionary, not Mr. Murphy, whose office you were sent to at Brother Rice HS when you acted up in class. Mr President – quit acting like the principal doling out detentions (or expelling Rick Wagoner, as it were) and provide some leadership on the real issues facing this country.
