Bank of America Obama Warns Left - You'll hate my budget

he has been decided we had fear that this was going to happen now it is pinning an alice present all bomb a but his movie where he's going to accept the democratic party's nomination uh... so whereas in a beat well present all mama it will be accepting his party's nomination at bank of america field in north carolina cannot imagine were symbolism the reason i can't imagine it is because there is no goldman sachs stated i'll put other that bank of america is filled out a bat is reputation well-earned well-deserved as anyone in the country and president mama who has been fighting for the banks all along willing accept the nomination in bank of america state now so the news reports and i tell you that it's because they want to do in a larger venue uh... the head of the d_n_c_ deborah wasserman schultz is just so many people i come to the convention uh... we wanted all than to be able to attend that's why we're doing it outdoors as we did last time in denver i'm sure the some of that is spared true abut have also read a report that they want more luxury boxes for their top dog that's for the reason they move to the bank of america stick bucket now it was just symbolism he said well what can they do the review in north carolina the stadium nearby happens to be bank of america and you know a north carolina's an important swing state he barely one last summer i understand all that right but it's not just symbolism it's also reality the president while mine is about to undo his budget and he's been saying all along hey you know what don't worry this year on actually have a progressive and i'm going to prioritize adding jobs over uh... cutting of spending and cutting our dept now that's what he'd been promising that's who likes the talk to talk a lot wild you know campaigning as a so-called progressive will once again to do is you know walked the walk was what's about to come out so are what is the white house doing uh... they are according to the hill going two different a progressive groups and democratic legislators and telling them prepare to get disappointed quoting the hilliard top white house officials or warning liberal and labor leaders to brace themselves for president or bombers budget proposal cuz apparently it is going to be fairly devastate there's going to be more spending cuts it is going to do deftly be a less uh... than the budget that he proposed last year which a lot of progressives work understandably i'm mad at infact some of the african-american leaders in congress uh... that uh... it was uh... taking away uh... power from the powerless already uh... peter walsh a democrat of vermont said people will literally freeze given that take uh... given the cuts that they were making that home heating oil head of the congressional black caucus emmanuel cleaver said we cannot win the future by leaving our most vulnerable bhi hai does not last year's budget issues but apparently he's going to be more draconian worse cuts so they do in a politically savvy move of letting apparently leading lou liberal leaders know whether their legislators about are there any liberal leaders left the country with a talking to you anyway they and tell them all by the way overtaking about all the elections are will come this for you again but when they did the all put our hands are tied we made a deal with the republicans there we would cut spending like crazy in the middle of tough economic times when we're trying to have jobs we can do instead of a cut spending and cost us jobs but what made you know what the republicans were going to but that's why complain about your d on the first place that's what we said it was a bad idea to cut trillions of dollars in spending in the middle of top economic facts and as a prop up the calypso level is the real and now here they are and they're saying sat there for you obligation labor uh... don't worry we're not a cut the department of labor including doctor shel safety and health administration and my safety health administration i'd believe them but then here's a funpar they say we will seek to preserve funding for the national labor relations board that these national labor relations board it was nice knowing uh... would be eliminated that's probably way too strong would be cut definitely if they are seeking to preserve it that measles x always receiving a bizarre all potluck at all because of the republicans we couldn't quite preserve it in the shape it was now the republicans would have they been attacking the most the national labor relations board so what so bombing of a deal as always who's gonna cave in to them and say there is nothing you can do solid he's a present the united states or anything well you know those ones are nothing to do the financial transaction tax so you would have to cut spending so much you one casa so many jobs u_n_ and people who are already at work or in bad shape meeting at a little heating oil for the winter never know with the new that here but we don't know what did you get a financial transaction facts becca pay for all this so you do you think that anytime percentage for every transaction of the banks to it lowers speculation so sexy and that positive any gives you the money that you need of course uh... president obama's top economic advisers who had told you over and over again are deeply conservative all-pro banker just decided i want to look as though we can't go financial transaction tax now that would be too much faster the banks gene sperling the director of the national economic council says spare that he's not interested in that at all and they say you know what administration officials worry the republicans could and i'm quoting hillier could frame the proposal is a tax on for one cave retirement funds potentially damaging election year charge a pop pop pop yet we don't resent him back some of the x their problems will claim you do it on the four o_ one k_ is and that's why you're not doing my gosh that's why you're not doing it you're not doing 'cause your holy funded by the backs 'cause you're in the pocket of the banks just like the republicans are that's why you're not going to do a financial transaction tax but would be a tiny tiny percentage point no three percent you're not going to do that na week harm the banks just a little bit you wouldn't have rocked the banks well you can do your speech acceptance speech at the bank of america stadium but you would wanna that bank of america i'm pretending that you care about our core one case and that would be good that it would be damaging free election if you had tax on the banks if you think that was the world's worse politician but nobody can possibly think honor in this current election climate if we did it i a tax on the banks of the american people would not be in favor of that if you actually believe that your job as a politician but you don't actually believe that your job is to protect the banks while pretending to be tough on them whetstone financial report go until your speech at bank of america statement there