Trump recently made Anthony Scaramucci his new White House Communications Director in an attempt to turn over a new slate with the media. He spent the weekend defending Trump’s policy agenda and even accidentally revealed one of his anonymous sources as Donald Trump himself, which was quite hilarious.
But – video making the rounds on the internet now is footage of Scaramucci from 2010 when he confronted President Obama while heading investment firm Skybridge Capital. He stepped to the podium and told Obama that he represented the ‘wall street community’ and he and his friends were concerned.
SCARAMUCCI: This is something a lot of my friends are thinking about. I represent the Wall Street community. We have felt like a piñata. Maybe you don’t feel like you’ve been whacking us with a stick, but we certainly feel like we’ve been whacked with a stick.
I certainly think that Main Street and Wall Street are connected. And if we’re going to heal the society and make the economy better, how are we going to work towards that, healing Wall Street and Main Street? When are we going to stop whacking at the Wall Street piñata?”
Obama first went on to address Scaramucci’s points in a very eloquent way, but then started to give him the tough truth, which Scaramucci didn’t want to hear.
OBAMA: I have been amused over the last couple of years, this sense of somehow me beating up on Wall Street. I think most folks on Main Street feel they got beat up on. There’s a big chunk of the country that thinks that I have been too soft on Wall Street. That’s probably the majority, not the minority.
When I hear folks who say that somehow we’re being too tough on Wall Street, but after a huge crisis, the top 25 hedge fund managers took home a billion dollars in income that year. A billion! That’s the average for the top 25. It’s a two-way street. If you’re making a billion dollars a year after a very bad financial crisis where 8 million people lost their jobs and small businesses can’t get loans, then I think that you shouldn’t be feeling put upon. The question should be, how can we continue to work with you to continue to grow the economy?
Just look at Scaramucci’s face after hearing Obama’s answer.
From 2010: Scaramucci says Obama is beating up on him and Wall Street friends “like a piñata.”
Watch how Obama responds. pic.twitter.com/o8sjsSRSMW
— Adam Khan (@Khanoisseur) July 23, 2017