Brad Delong wonders why Wall Street dislikes Barack Obama so much:

A worker bee at a mainline investment bank told me last fall:

Back in 2008 Wall Street was split 40-60 Obama-McCain. Now it is split 10-90 Obama-Romney.

Why? It is not as though Wall Street has done badly under Obama. Stock prices are up and interest rates are down, so leveraged financial institutions long assets–as Wall Street inevitably is–have done very, very well indeed. The standard bargain that the Democrats offer Wall Street has held. It is:

We will try to tax you (and, given the power of your lobbying operation in Congress, probably fail to do so), but we will give you competent economic management in striking contrast to that offered by the ideologically-blinded wingnuts who are the Republicans.

That has been the bargain that the Democrats have offered Wall Street from the days of Hoover to Bush II, and when Wall Street has had a sense of its own long-run interests, it has taken the Democrats up on it. And it has been happy.
But not this time.

Why not? What is going on? What is there about 50% real increases in equity values over less than 3 1/2 years that is not to like?

For the past 30+ years, these guys have been surrounded by people who treat them like they were Pashas, both in their social circles on Wall Street as well both sides of the partisan divide in Washington, DC, so when Barack Obama  calls them “Wall Street Fat Cats”, their heads explode.

This is despite the fact he, and his sidekick Timmy Geithner, bail them out, and quash prosecutions.

One wonders just how insecure these guys are about their value to society. 

Hmm…come to think of it, this answer was a bit more involved than I intended.

Here’s a hint:  You are all worthless parasites.