Jamie Dimon hates America

The pompous banker doesn’t know when to shut his mouth. He’s now calling international laws that require bankers to hold cash to protect others “anti-American.” Really. Punks like Dimon helped scrap laws that served the country well for decades until the Clinton-GOP era dismantling of the system. Now, any time there’s even a slight attempt to protect the average American who has paid a heavy price for greedy bankers like Dimon, Dimon has a temper-tantrum. Now he’s going full Teabagger.

He was quoted as describing new international bank capital rules as “anti-American”.

“I’m very close to thinking the U.S. shouldn’t be in Basel anymore. I would not have agreed to rules that are blatantly anti-American,” he said in the interview.

“Our regulators should go there and say: ‘If it’s not in the interests of the U.S., we’re not doing it’.”

And what exactly is in the “interests of the US” Mr. Dimon? Surely it’s not bailing out gamblers like Dimon and the rest of Wall Street. Perhaps Dimon should visit people who don’t live the banker high life and see what they think is “in the interest of the US” because it may be a shock.

A point that Democrats and Republicans are missing is just how upset the real world is about the bankers and the Washington response to them. People are still furious. They don’t have jobs and really, there’s absolutely no hope of an economic recovery any time soon. They’re even more furious that cowards like Obama and the rest of the crowd in Washington have kowtowed to Wall Street. Day after day, they give no reason for voting for any of them.

Naturally, the Obama re-election team is confident that people who are upset around the country are really part of nothing more than a “Washington conversation.” Uh huh. Interesting since I’ve heard incredible fury and disgust with Washington from so many people who are nowhere near Washington. Good luck with that strategy and let’s see how it works out.


An American in Paris, France. BA in History & Political Science from Ohio State. Provided consulting services to US software startups, launching new business overseas that have both IPO’d and sold to well-known global software companies. Currently launching a new cloud-based startup. Full bio here.

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