esrosedotblog

GET ON BOARD

Today I read that Obama was going to Wall Street to "castigate" the workers and companies there.

I could not imagine Obama doing that. It is not his style.

The morning began with a very low market. They couldn't imagine it either.

Just now, the headline is quite a different thing.

Obama to Wall Street: ‘Join Us, Instead of Fighting Us’

When I was in the "influence business", one of the most powerful forms of personal influence was what we called "common vision".

That is what he is using here.

It is, actually, one of his chief modes of personal and collective influence.

One of the weaknesses of the style is that it takes people awhile to come along with it.

You have to have solid common ground which is hard to get if people are skeptical. You have to pull them toward a vision of the future that is different but not radically at odds with their ability to fantasize a better outcome.

"Unless your business model depends on bilking people, there is little to fear from these new rules."

Of course, the "titans" who sat there do not want to go along but they will.

The GOP is still struggling with the realization, just this week, that their opposition to the regulations is quite unpopular and that McConnell got his dick in the wringer when he went to NYC, himself, for a private confab, a talk that netted some campaign money, and then came back with lies about the so called bailout provisions that do not exist.

Eric Cantor's people still don't really have the picture. They are going to lose on this and had better get on board.

Obama is smart. He is not anyone's patsy.

These guys need a strong talking to and an appeal to join in.

I consider it a mark of the speech' effectiveness that right now the markets are in the green by 9 points after being down in the red 70s all day before the speech.

Labels: Administration Obama