Thread: Obama has decided to use Occupy a reelection strategy

Obama plans to turn anti-Wall Street anger on Mitt Romney, RepublicansBy Peter Wallsten, Published: October 14


President Obama and his team have decided to turn public anger at Wall Street into a central tenet of their reelection strategy.

The move comes as the Occupy Wall Street protests gain momentum across the country and as polls show deep public distrust of the nation’s major financial institutions.

And it sets up what strategists see as a potent line of attack against Republican front-runner Mitt Romney, a former investment executive whom Obama aides plan to portray as a wealthy Wall Street sympathizer.

Many Democrats consider Romney, the former Massachusetts governor, the greatest threat to Obama when it comes to wooing centrist independents next year, and Romney this week has begun to present himself as a champion of middle-income Americans.

Obama aides point to recent surveys that show anger at Wall Street spanning ideologies, including a new Washington Post-ABC News poll in which 68 percent of independents and 60 percent of Republicans say they have unfavorable impressions of the big financial institutions.

But the strategy of channeling anti-Wall Street anger carries risks. Many of Obama’s senior advisers have ties to the financial industry — a point that makes Occupy protesters wary of the president and his party.

In recent days, Obama has ramped up his rhetoric. He took the unusual step of targeting an individual company when he attacked Bank of America for its new $5 monthly debit-card fee, calling it “exactly the sort of stuff that folks are frustrated by.â€

Obama is desperate enough to try anything, including war.

Classic Alinsky.

That'slaughable considering he's the one who bailed out Wall St. Does he think we're too dumb to remember?