Word: whitelies
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Beating on Wall Street makes political sense these days. The public is furious that big banks and Wall Street firms are once again making pots of money while Main Street suffers through 10% unemployment. With year-end bonuses soon to be handed out to financial executives, Obama and the White House need to be seen to be on the side of the little guy. ((Facebook users, comment on this story below...
...expect a healthy dose of political posturing before, during and after the President's meeting with top bankers Monday. "It's a p.r. stunt," says an executive at one of the banks that will be getting a dressing-down at the White House meeting. Executives from Goldman Sachs, JPMorgan Chase, Bank of America and Wells Fargo are expected to be among those in attendance. (See 25 people to blame for the financial crisis...
...will alternately threaten and plead with banks to open their purse strings. "One of the main messages from this meeting is that the financial industry received extraordinary help from the government - and ultimately the taxpayer - and now the industry has an obligation to help the small-business owners," says White House spokesperson Jen Psaki...
...they have attended Catholic, Jewish, Muslim or other services at least occasionally in the past year. African-American Protestants lead this trend, with 42% visiting houses of worship in other traditions, including Catholic churches (19%), Jewish synagogues (8%) and Muslim mosques (5%). One-quarter of white evangelicals share that interest in other traditions. But they are also the most likely to stay close to home: more than half say they attend services only at their own church, not even visiting other churches in the same denomination, although a quarter report trying out services in other traditions...
...particular interest among Protestants in Catholic services, a development perhaps reflected in Pope Benedict XVI's recent move to welcome dissatisfied Anglicans to worship within the Catholic tradition. Significant numbers of Protestants say they sometimes attend Catholic Mass, including 19% of African-American Protestants and 13% of white evangelicals. The curiosity doesn't run as strong in the other direction, however; only 18% of all Catholics report attending Protestant services...