The Time Obama Shot Down the Mooch

The Time Obama Shot Down the Mooch

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Anthony Scaramucci is just one week in on his new job as White House Communications Director, and he is already wreaking havoc. He has insulted and humiliated other White House officials, he has threatened to fire the entire communications team, and he gave a phone interview so profane it could not be aired on cable tv.

One of the first things Scaramucci took care of was to apologize for comments he made attacking President Trump before the election. Scaramucci professed his deepest apologies for the “50th time” for calling him a “hack” and telling him to “bring it.”

But that attack was not his first attempt to take on a president.

The Question

In 2010, after the financial collapse, President Obama, appeared on a televised question and answer session on CNBC. Anthony Scaramucci, a successful hedge fund manager at the time, tried to go head to head with his former Harvard classmate.

Scaramucci went to the microphone, and after some small talk and a reference to the fact that he attended school with the President, some name dropping and joking, he got to his question. Scaramucci said, “I represent the Wall Street community, we have felt like a piñata,” He went on to say that the Wall Street community had been “whacked with a stick.”

He went on, “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?”

 The Response

Because he is President Obama, he shot the Mooch down with class. When Scaramucci attempted to interrupt the President, Obama politely refused to allow it. His full response is worth watching. He said, “I have been amused over the last couple of years, this sense of somehow me beating up on Wall Street. I think most people 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,” The crowd cheered, Obama continued, “That’s probably the majority, not the minority.”

He went on to discuss the fact that it is not unreasonable to expect a hedge fund manager, pointing to the Mooch, who is bringing home a billion a year to pay the same tax rate as his secretary. The crowd cheered, and Scaramucci nodded silently, with nothing left to say.