Wall Street Hates Obama

Politico wrote a week ago, Obama & Wall St.: Still Venus & Mars.

"After all, polls suggest most Americans believe Obama has handled the titans of Wall Street with an exceedingly light touch. He supported the deeply unpopular $700-billion bank bailout, pushed a financial reform package that stopped short of breaking up the biggest behemoths and, just this month, signed off on tax cuts for the wealthiest and continued low rates on capital gains and dividends.

And, of course, big-time bonuses at bailed-out banks are back, even as average Americans continue to get tossed out of their homes, corporate America has turned in its most profitable quarter in history and the stock market is at a two-year high.

Yet the executive dislikes Obama with, what seems like, an almost irrational passion. And he is not alone.

Along the gilded corridors of Manhattan's largest banks, hedge funds and private equity firms and inside Washington's financial lobby shops, Obama and the rest of his administration are regarded with a disdain so thick it often blurs to naked loathing, a fact that has significant implications for the president's reelection campaign and his ability to operate over the next two years. "

It all makes sense to me. I assume these executives watch Fox News and read the Wall Street Journal editorial page. I guess they believe it all too.