Obama: Hey, I’m fighting evil fat cats. Now, send me your donations!
The last time President Obama was assailing Wall Street greed, I posted: “People in “fat cat”-infested houses shouldn’t throw stones.”
They’re at it again, of course, with the conveniently timed suit against bailed-out Goldman Sachs just as the White House prepares to pass a permanent bailout plan disguised as “financial regulatory reform.” (I’ll have much more in my syndicated column tomorrow, but read here about the delicious spectacle of mob-linked Obama crony Alexi Giannoulias of the shady Broadway Bank family, the Democrat Senate candidate in Illinois, demanding that GOP opponent Mark Kirk (yes, that one) return his Goldman Sachs contributions. Um, there’s a lot more of that lying around.
The DNC/Organizing for America is at the ready to milk the new campaign for all its worth. Message from Obama: Hey, America, I’m fighting all the evil fat cats who funded my presidential bid. Now, send me more money!
President Obama is bringing his war on Wall Street to the enemy’s turf.
He’ll make his pitch for financial reform in the heart of lower Manhattan Thursday – even as his team make hay of the Goldman Sachs fiasco with a tech savvy appeal to Democratic donors.
Internet surfers who entered “Goldman Sachs SEC” into Google were directed to the president’s campaign Web site via a sponsored link titled “Help Change Wall Street.” The White House’s political arm paid for the keywords — but would not say how much.
The tactic provided the latest evidence of how Obama and the Democratic National Committee are using the Securities and Exchange Commission’s bombshell fraud suit against the financial giant to push financial-reform legislation through Congress.
But showing it, too, was gearing up for a political fight, Goldman Sachs hired Obama’s former White House counsel, Gregory Craig, Politico reported last night.
Meanwhile, Democratic former Gov. Eliot Spitzer, speculated yesterday that there was “no coincidence” to the timing of the SEC suit. And Rep. Darrell Issa (R-Calif.) wrote in a letter sent to the SEC, “It must be nice for Democrats that the SEC’s filing against Goldman Sachs so conveniently fits into their political agenda.”
There are no coincidences in Chicago-on-the-Potomac.
***
Bailed-out, toxic derivative-swilling Goldman Sachs reports $3.46 billion in earnings.
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This really sums it up quite nicely.
How Presidential of him.
Ok how some monopoly money…I have a few old games around…lol..
Receptionist: “Tanks for calling da White House Bank Of Amexico! How may I hep youse?”
The man of a thousand poses and no substance.
It’s hard to play the shell game nowadays..
A headline on Drudge=Will obama return $994,795. in Goldman Sachs campaign contributions? If I was a betting person, I would bet on a NO! I am really so tired of this bho and there are 2 1/2 years to go with him.
L
The check’s in the mail. Not!
From the Presidents hero.
Let’s see it in writing, please. I’ll believe pigs can fly before I’ll believe it.
What drives me up the wall is when I catch some puffed-up indignant liberal Congressperson on C-Span, admonishing some bank executive for all nature of malfeasance and culpability, when it is in fact the questioner who is the party guilty of all the flying accusations!!!
It is Dodd and Frank and Levin and Pelosi and — yes — Bush; they’re the ones who belong in prison for destroying our economy!!!
There are a whole bunch of EX Goldman Sachs types in the Obama admin…
We need to see if they have recently SOLD their Goldman Sachs stock.
This stinks like Hillarys Whitewater stuff… borderline legal… but “stinkin like yesterdays diapers” as Baby Hughy would say…
You mean, The Democrat Twilight Zone Theater? Let’s be thankful that the dems historically underestimate their enemies. Course, I’m not counting chickens, just sayin’
Who is he kidding exactly? Obama is the evil fat cat. Is he fighting himself? I’d pay money to see that on YouTube. Meowrrrrrrr!
The democrat voters?
Politics 101. Shift the blame and “be a hero” to your voters.
See the transcript from last night’s Greta VanSusteren show about Goldman Sachs. http://www.foxnews.com/story/0,2933,591283,00.html
This was very revealing. In a nutshell, the top 10 firms were called in, and told that a few of them were failing, so all of them would need to “take some money” so that there wouldn’t be a run on the firms who were going down. Now they are being chastised for “taking the money” by the Obummer admin. This.is.very.scary.
From Fox Opinion: The case against Congressional Democrats in a nutshell:
http://www.foxnews.com/opinion/2010/04/19/john-lott-goldman-sachs-paulson-obama-sec-fannie-mae-freddie-mac-mortages/
Come November, a federal grand jury needs to be convened and Raines, Dodd, Schumer, and Frank indicted.
We can only get liberated from these government tyrants if we send a substantial number of them, not home, but to jail. That will at least slow them down until the next crop of thieves thinks they can rob the cookie jar.
RedDog for Senate !
Every day Obama reminds me more and more of Mussolini. This guy is a clown of epic proportions. Where do they get these photos and poses? Do they seriously NOT see it? And he can’t even make the trains run on time…
It’s unfathomable to me that with all the information currently available to us shinning the light on ALL corrupt, lying, slithering politicans and their practices, educated liberals still remain loyal to Obama…now that is the epitome of an educated idiot.
I think if you’re too big to fail then maybe it’s time for some trust busting.
Yup. But don’t count on GOP leadership to do the job, if they take over congress after this November – unless we can change current GOP leadership. After all, if the GOP helps send these guys to jail, it loses the hosts of some of the best DC cocktail and dinner bashes to be invited to, and they will be struck forever from the DC party circuit guest lists of the remaining Dems. Can’t have that.
The greatest lie over the past 10 years is that the Democrat Party is the party of the little guy. Democrats get in bed with the fat cat bankers, etc. so frequently, I doubt there’s ever a chance to change the sheets.
What risks will an an investment banker make knowing there is a $50 billion dollar slush fund backing him? Short answer is he won’t. But then he also knows if he displeases the Central Government he will be “purged.”
We might as well let the Mafia run the country; they’re not Marxists.
Hollyweird fat cats must be different than other fat cats.
Fund raiser for Babs “Don’t Call me Madam” Boxer:
Goldman Sachs?
Tim Geithner: Too Close to Goldman Sachs to Be Treasury Secretary, Critic Says
Posted Jan 21, 2009
Treasury Secretary under President Bush Henry Paulson was
CEO of Goldman Sachs and author, and abuser, of TARP. I am rather certain we will find his family set up the “short” on the sub-prime bonds.
Goldman Sachs is damn near a criminal organization well placed in both the Bush and Obama administrations.
Goldman Sachs Makes Further Comments on SEC Complaint
Now get back to work so you can further bail out the big boys.
Bail-out funds are held in a “lock-box”, right?…..
Just as I thought
No…there are no coincidences in this administration. Remember when that insurance company raised their premiums by 39% just as Congress was fighting to push Obamacare on us? Coincidence? I said to my husband when that whole thing happened that it was contrived. Mark my words…some day we will find out that it was!
Obowmao: “Ahh, the mewling spawn, how I despise them!”
Having Chris Dodd honcho this Financial Reform bill is like having Pete Rose as homeplate umpire during a Cinncinati Reds world series game after he placed bets they would win.
Dodd, Barney Frank and the Democrats helped create the problems on Wall Street with their interference. Maybe we need a Congressional Reform bill with stringent oversight over Congress’s doings.
Setting up a perpetual bail out fund for the large banks and exempting Fanny Mae and Freddie Mac from this bill is reason enough to kill it.
I’m to the point that any bill the libs push can’t be good for the country.
I am fairly sure insurance companies will be reduced to regulated utilities, savings and equity of stock and bond holders destroyed but the management whores who went along will do well-for a while.
Mutual funds, IRA and 401 are all in the sights of these caring Progressives. But do not worry of your future-Social Security is a solid as the Federal Government its self
Some fear we shall have a French style Revolution; others plan for it. The American Revolution was enough-after the war the Tories were urged to leave-some requiring more urging than others.
What is created in Chicago should stay in Chicago. Swamp politics doesn’t belong in DC.
Absolutely!
The above mentioned are (IMHO) the key persons responsible for this financial crisis along with the co-conspirators who deflected the blame onto the republicans and wall street (that includes Pelosi,Obama,etc.).
STOP FREDDIE AND FANNIE!
We will be hit with another crisis if we do not stop the entities that created the first one.
This administration continues to ‘feed’ the problem while avoiding any solutions by action and simultaneously claiming to “work hard” to go after the perpetrators.
Cause the problem, blame others, continue to enact rules, regulations and laws that amplify the original problem! Progressives in action (Full steam ahead on the way to collapse).
I’m reading a great book called New Deal or Raw Deal? It’s about how FDR prolonged the depression though his socialist policies. Chapter 10 is relevant to this discussion. In his run for 1936 election, FDR railed against “big business” as “economic royalists.” He played the part of how he was coming to the aid of the “little guy” by going after unfair practices by business. Remember, that after 7 years of FDR, unemployment was still 20% and the country had been saddled with billions of dollars in extra “New Deal” debt.
This from a wealthy man who had no business acumen; he failed at every business attempt he ever made! Complete business failure = perfect democrat poltician.
Now we have Obrainless doing the same thing. History repeating itself.
I just heard a sound bite of Obama in California today, blaming the Republicans entirely for the economic problems. We must get the truth out as to who actually caused this mess!! There are a lot of people out there who still believe every word Obama says, and he is counting on that.
I heard that group of Tea Party people were chanting when Obama went to stump for Boxer…”No new taxes! We are not your ATM!” I love that!
History is like a wheel. What went around will come around again. People forget the failures in history, over time, or think that somehow the results will be different. For example, China is moving to a capitalist economy, while the U.S. wants to repeat the socialist failure. I also believe that China gave up its version of Obamacare, as a failure, while the U.S. attempts it.
I nominate “Constipated Duck” as Fearless Leaders theme song.
FIFY
Isn’t it interesting that the people that have suffered through the hell of socialism want to dump it and go to freedom instead. While the liberal elites in this country that have never experienced the effects of socialism, believe it to be utopia and want to force it upon everyone.
Socialism in general has a record of failure so blatant that only an intellectual could ignore or evade it.
- Thomas Sowell
I’m waiting for the other shoe to drop when Obama and Friends nationalize all of our 401k retirement funds ala Argentina. That would be a Lexington and Concord moment.
Why always “evil fat cat?” and never evil skinny cat?
Because Obama, Podesta and Carville are some damn evil skinny cats.
That China is allowing some free enterprise doesn’t mean they are allowing unfettered capitalism. And it doesn’t mean that the government is likely to open up and permit any meaningful freedoms.
About 200 to 300 million Chinese have any contact with the “free enterprise” economy in China. That leaves 1000 million languishing in the purely socialist system. Keep that in mind when talking about China(and remember Edwards’ “two Americas”).
The Chinese Communist government controls everything in China. Make too much, get out of line, make any noise and the government will deal with you regardless of your money and company…
In the next financial meltdown, I’m sure. All 401k’s will be “required” to be directed into “safer” government managed and approved investments for the “good” of the people, including a nominal annual
protectionmanagement fee.True, but it is a lot better than it was under Mao and the cultural revolution. Slowly, the government there is finding out that money is better than philosophy. They saw that acquiring Hong Kong. It will take the country quite awhile to allow complete capitalism, but they may attain it, in the end, seeing how it allows them to become a super-power, eclipsing our own. When you have a happy society coupled with an economy that other countries seek, you have power. That’s the goal of all politicans and tyrants.
A happy society in China? There are a lot more have nots in China than there are in the US.
The have nots in China really do not have anything, unlike our have nots in the US which are really don’t have enoughs.
Ahh yes, straight from the Republican playbook on defeating Finance Reform. And false btw.
graysonret,
Have you ever been to China? You need to get a copy of “Will the Boat Sink the Water?: The Life of China’s Peasants” and read it before you start telling us how happy the Chinese people are…
I’m sure JFK would today be considered a right-wing nut job for his “Ask not what your country can do for you…” phrase. Today we should instead “Ask not what Obama can do for you – ask what you can do to help rid us of Obama”.
Unfortunately about half of America thinks it’s now “Ask what Obama can do for you”. Period.
What really boggles my mind is how the Obama clan could make 5.5 million bucks last year. $400k for president means 5.1 in book sales and nobel awards. I remember a dem politician who was speaker of the house who had his cronies buy his books for payoffs. If I were a member of the ethics committe I would be looking at who bought more than 10 books of the one.
Maybe I’m just naive, but doesn’t the fact that Goldman-Sachs IS being charged kind of COUNTER-INTUITIVE to the argument FOR new regulations? Why do we need new regulations to keep banks from “getting away with things” if they are NOT getting away with anything when we actually apply the existing laws?
Can’t quite remember what book I read recently, but I think it’s by Dick Morris, which gives a layman’s description of what kicked off the housing “crisis” resulting in today’s economic failures – and he laid full blame at the feet of Bill Clinton and his progressive cronies.
I do imagine every leftist stink pot organization out there bought plenty of copies to pass around to the sheeple. It did do well in college bookstores. James Cameron will make the book into a movie starring Tom Hanks and the Performer Formerly Known as Prince..
We should all send emails to the White House and Congress with this link. It would certainly infuriate them. Can you imagine any one of THEM ever expressing these sentiments?
I was in Germany at this time and remember how difficult life was for most American troops serving there as the dollar plummeted in value over the five years we were there.
Barry Soetero is going to make us pine for the “good old days” long before he is done…
Oh, I’m already doing that.
Don’t pine. Use the time to help the opposing candidate to show the local Democrat the door.
My question is will Geithner and Paulson be named in the suit at all and if not why not?
I would hope that Goldman Sachs would bring up the involvment of their former CEO, Paulson who headed up the Bush TARP plan, and the current Treasury Secretary, Geithner who was the Fed Chair in NY that helped implement the TARP program and buy troubled assets at top dollar without even attempting to negotiate lower rates.
Is this not a violation of FEC rules? This would appear if the White House was paying for the keywords they would be using taxpayer funds.
My turn to weigh in……
….cats ARE evil. Really.
Oh No!
The day that this lying, conniving, stinking cesspool of an administration gets any money from me is when they dig my dead body up and steal the two pennies from my eyes. And, I plan to remove this possibility by being creamated.
I think you would see a repeat of the Clinton impeachment where Democrats (majority) would defeat any attempts to keep people honest. They allowed Clinton to perjure himself in court and rationalized it as justified because of a supposed republican witch hunt.
Clinton was later disbarred because of that perjury but Congress thought it was still ok because he was on their side.
I believe that single event- people supporting a lying cheating scum like Bill Clinton because of his political views- begat all of the subsequent political infighting.
Republicans who are outraged that he got a pass for perjury because he’s a Democrat and Democrats who claim Republicans were just trying to destroy the poor guy for his political views. It was just about sex, not perjury.
They are defending that idiocy to the death of our country.
And don’t forget what happened to Special Prosecutor Ken Starr – he was a straight-arrow God-fearing man, whom they vilified and taunted to the point that his name is Mud now.
So, I guess there were evil fat cats in the automotive industry, and the insurance industry, and the healthcare industry, as well as in the banking/financial industry. By “fighting” he means muscling in on.
Probably too late and too early to judge but maybe the GOP has finally had the “addadicktome” operation?
If we end up with a “bipartisan” bill that creates this super-ginormous all-encompassing bureaucracy in lieu of sensible regulation (Glass Steagall Act re-instated), the GOP is every bit as responsible as the Democrats.
As they say, say tuned.
Comment #72 meet comment #67
Sorry Misscheryl, I didn’t mean to step on your comment.
You didn’t step on it, Pasadena. You just re-inforced it.
WarEagle, I never said the Chinese people were happy. All I said was if you had a happy society and a booming economy other countries seek you out; just like the U.S. last century. It is something that the Chinese should try to obtain, but they won’t in the near future. Sorry for the late response.
Yeah but I should have referred to her link. She beat me to it.
I’m guilty of not reading a whole string of entries all the time. Life’s short. Especially if it’s an open forum on the weekend.
By the way, Hangfire, I’ve been engaging in spirited debate on the Buzzworthy link “Just One Minute” the past two days and I could use some support. The place is dominated by a clique of smug, know-it-all, condescending RINOs.
I haven’t been been subjected to so many dopey brain dead RINO arguments since I used to blog at RINO Central… er…I mean Townhall.com. Come on over.
Maybe off topic, but I just saw a Chevy Malibu/Impala with the new govt motors emblem on the trunk – an oval with the bands of Obama’s logo and the Chevy emblem on the lower half.
*Evil Fat Cats, the other white meat, as Rev. Wright would say, and P-BO concurs.
ok folks think on this if you were to ask a german in 1946 why did it happen
Opportunistic prick.
I still say they’ll need to call Orkin the day he exits 1600 Pennsylvania.
Drug dealer/voter/supporter/union organizer/fool.
Hey Pasadena! No biggie. I prolly shouldn’t have mentioned it, I was trying to be funny….
Is Goldman Obama’s Enron? No, it’s worse (Updated)
By: J.P. Freire
Associate Commentary Editor
San Francisco Examiner
04/20/10 2:20 PM PDT
The LSM cooked President Bush for taking Enron funds-Goldman Sachs gave Obama about 8 times as much. I am sure the alphabet news networks will be all over this…….
Pray for the day of reckoning.
A bit off topic, but here is my review of Obama’s recent speech announcing his new PowerPoint, errrr, space policy.
http://www.rv-103.com/?p=457