Obama’s Half-Billion-Dollar Crony Drug Deal; Related non-shocker: SEIU endorses Obama

By Michelle Malkin  •  November 16, 2011 09:18 AM

So, yeah. All that White House demagoguery about prescription drug shortages I wrote about last week was simply smoke and mirrors to cover up rotten crony deals for his Big Pharma/Big Labor friends. I shed more light below on the chumminess between former SEIU thug-in-chief Andy Stern, fat cat Dem donor Ronald Perelman, and Obama health care bureaucrat Nicole Lurie.

Related non-shocker: SEIU announced its endorsement of Obama 2012. Pay to play.

Corrupt birds of a feather…

***

Obama’s Half-Billion-Dollar Crony Drug Deal
by Michelle Malkin
Creators Syndicate
Copyright 2011

What do you get when you mix Democratic fat-cat donations, Big Labor favors, pharmaceutical lobbying and Beltway business as usual? Answer: another toxic half-billion-dollar Barack Obama-approved crony deal. Move over, Solyndra. Here comes Siga-Gate.

This latest Chicago-style payoff on your dime involves a dubious smallpox drug backed by a liberal billionaire investor, along with a former union boss who was one of the White House’s most frequent visitors. They’re the “1 percent” with 100 percent immunity from the selectively outraged Occupier mobs that purport to oppose partisan government bailouts and handouts to privileged corporations.

Ronald Perelman is the New York City-based leveraged buyout wheeler-dealer who controls Siga Technologies. He has donated nearly $130,000 mostly to Democrats over the past two election cycles alone (history here), and he forked over $50,000 to pay for the president’s lavish inaugural parties. A Siga affiliate (MacAndrews and Forbes) pitched in nearly half a million more in contributions — 65 percent of which went to Democrats — and the firms have spent millions on lobbying.

Perelman’s pharma company makes an experimental antiviral pill used by smallpox patients who received diagnoses too late to be treated with the existing smallpox vaccine. Smallpox experts cast doubt on the need for the drug given ample vaccine stockpiles, the remoteness of a mass attack and questions about its efficacy. But over the objections of federal contract negotiators, competitors and scientists, the Obama administration approved a lucrative $433 million no-bid deal for Siga in May. No other manufacturers were able to compete for the “sole source” procurement, according to the Los Angeles Times.

The special arrangement was made after a competitor objected to the administration’s violating small-business rules during a first call for bids. That’s right: It’s yet another rigged giveaway from a Hope-and-Change champion who vowed on the 2008 campaign trail to “end the abuse of no-bid contracts once and for all.”

Intensifying the culture-of-corruption stench: the critical role of Andy Stern. He’s the profligate, corruption-coddling former head of the powerful Service Employees International Union — the 2.2 million-member public-employee union powerhouse that he left in April 2010 with a mountain of debt and eroding rank-and-file pensions (and looming FBI investigation).

After pouring some $60 million of workers’ dues into Democratic coffers, Stern was rewarded by Obama with a cozy spot on the White House deficit panel and dozens of visits to 1600 Pennsylvania Avenue — including at least seven with the president, one with Vice President Joe Biden, and meetings with Obama Chief of Staff Rahm Emanuel, Biden Chief of Staff Ron Klain, OMB Director Peter Orszag, health czar aide Jennifer Cannistra and Valerie Jarrett’s former high-powered aide and Chicago fundraiser Tina Tchen.

In a classic access-buying maneuver, Siga placed Stern on its board of directors in June 2010. Four months later, Siga nabbed an estimated $3 billion contract. By January of this year, Siga’s stock had skyrocketed. The House GOP has been investigating the deal for months, which comes amid separate allegations of insider trading and political profiteering by investigative journalist Peter Schweizer.

Stern and Perelman have been scratching each other’s backs for years. In the fall of 2006, the SEIU backed off organizing protests against AlliedBarton, a security guard firm in Philadelphia owned by a Perelman interest — and then remained quiet when the firm was bought out by a longtime SEIU nemesis, the Blackstone Group.

According to the L.A. Times, which exposed the scandal over the weekend, Obama’s top biodefense bureaucrat Nicole Lurie railroaded a key dissenter at the Department of Health and Human Services who ridiculed Siga’s inflated projected profit margins. Lurie soothingly reassured a whiny Siga executive that the “most senior procurement official” would take over and mollified him in a letter: “I trust this will be satisfactory to you.”

Lurie falsely told the newspaper that she had never made contact with the official regarding the contract and deemed any such contact improper. When caught with documentation, her department spun the communication with Siga as a “national security” matter. Lurie, it should be noted, is a former Clintonite and Howard Dean health care consultant who was most recently in the headlines for pushing anthrax vaccine testing for children. According to the Labor Union Report, there have been market murmurs of a merger between Siga and the anthrax vaccine manufacturer, PharmAthene. Hard to trust Lurie’s public health moral authority with the taint of pay-for-play wafting over the Siga deal.

As always, venture socialism backed by Big Labor muscle and White House wealth redistribution is hazardous to taxpayers’ health.

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Comments


  1. #1
    On November 16th, 2011 at 9:23 am, sonerai32645 said:

    not enough jails for the characters. By the way, I e-mailed my senators and rep and asked for some stock tips. doubt if I will get an answer

  2. #2
    On November 16th, 2011 at 9:47 am, babiesgrandma said:

    sonerai32645 said:
    not enough jails for the characters. By the way, I e-mailed my senators and rep and asked for some stock tips. doubt if I will get an answer

    You’ll go to jail for asking, but they won’t go to jail for answering. Go figure.

  3. #3
    On November 16th, 2011 at 9:51 am, Paratus said:

    Where do ya buy the ticket to get on this gravy train? I just invented a pasta strainer that can also be used to collect rain water.

  4. #4
    On November 16th, 2011 at 9:53 am, John Deaux said:

    I hear their polio treatment is going to get approval any day now.

  5. #5
    On November 16th, 2011 at 10:00 am, Rogue Cheddar said:

    Re pic:
    Obowmao: This will hurt you more than it hurts me! Nyuk! Nyuk! Nyuk!

  6. #6
    On November 16th, 2011 at 10:00 am, happyscrapper said:

    Is there ANYONE in this administration or their cronies who are NOT corrupt, dishonest scumbags? It just seems that every day we find out something new they are doing that is either on the edge of illegal, or actually criminal. This entire country is being run by mafia thugs and they seem to be getting away with it, DESPITE the outcries and many people exposing what they are doing. Who is going to arrest them? Is there anyone besides journalists and bloggers who will have the guts to do what needs to be done?

    We have been bombarded with irrefutable information about what they are up to in DC. Yet, it continues, and we are all being taken to the cleaners.

    My children and grandchildren are paying for these millionaires and billionaires who are stealing our future right under our noses. We KNOW what they are doing. Yet it continues.

    I can’t help feeling that only God can stop this…and that may happen. One way or another, we will experience another “flood” event in the near future. Be ready.

    I believe that God is running out of patience. HE WILL NOT BE MOCKED!

  7. #7
    On November 16th, 2011 at 10:05 am, Rogue Cheddar said:

    Ah yes, Andy (I love the smell of sterno) Stern. The stench runneth over.

    Agent Smith: I hate this place. This zoo. This prison. This reality, whatever you want to call it, I can’t stand it any longer. It’s the smell, if there is such a thing. I feel saturated by it. I can taste your stink and every time I do, I fear that I’ve somehow been infected by it.

  8. #8
    On November 16th, 2011 at 10:05 am, babiesgrandma said:

    HappyScrapper said: I can’t help feeling that only God can stop this…and that may happen. One way or another, we will experience another “flood” event in the near future. Be ready.

    Gorebul Warming-caused flood. More regulations! Quick!

  9. #9
    On November 16th, 2011 at 10:16 am, TigerLady said:

    Mein Gott in himmel! What’s going to stop this? The level of corruption in DC is staggering…on both sides. It’s time for a good old fashioned house cleaning. I wish we could go back to the days of tar and feathering but I’m not sure there’s enough tar in the land to cover it.
    Happy is right. Only God can stop this.

  10. #10
    On November 16th, 2011 at 10:18 am, walterc said:

    Is it possible to impeach the entire government?

    I’m starting to feel overwhelmed with the corruption.

  11. #11
    On November 16th, 2011 at 10:18 am, babbledabble said:

    And the sad part is that there doesn’t seem to be much we can do about it. Vote the bums out & another bunch of the same gets in.

    “Power tends to corrupt, and absolute power corrupts absolutely. Great men are almost always bad men, even when they exercise influence and not authority, still more when you superadd the tendency or the certainty of corruption by authority. There is no worse heresy than that the office sanctifies the holder of it.”

  12. #12
    On November 16th, 2011 at 10:20 am, Barb said:

    It wasn’t funny to start with and even less now. Destroying the US through good ol Chicago Politics which has spread to the whole United States. Prison is not an option. Feeding and housing these parasites on society would only cost more money.

  13. #13
    On November 16th, 2011 at 10:24 am, rocketman said:

    ***
    HI HAPPY_SCRAPPER–#6. Yes–The Lord has great patience–but it isn’t infinite. The destruction at Sodom and Gomorrah and the other nearby cities wasn’t due to corruption. It was due to the horrific abuse of innocent people by an avaricious government of thugs.
    ***
    Kindov like our present abortion and redistribution (aka theft) supporting democrat / liberal / socialist / statist / marxist / communist Comrade Obama and His Ilk.
    ***
    And the amazing thing is how many voters still think that The Messiah and these clowns can actually improve their lives by stealing and mistreating others. As V. Lenin said, “Useful idiots!”.
    ***
    Fortunately we can take the country back in the Nov. 2012 election. If we can vote in a real principled conservative candidate. No way that The Good Comrade’s economic destruction can be reversed in time to save his sorry A** before the election. He just keeps shooting Himself (and us!) in the feet on full auto mode.
    ***
    I like the Biblical story of what happened when God sent Jonah to the city of Ninevah. The king repented and The Lord held back his judgement and punishment. We are at 40+ MILLION abortions (aka “choices”!) in the U.S.A. so far–His patience must be running pretty thin now. Especially since He has blessed our country so bountifully in the last 2 centuries.
    ***
    Vote out these evildoers in the Nov. 2012 election–or else–get ready for S & G style Deja Vu all over again.
    ***
    John Bibb
    ***

  14. #14
    On November 16th, 2011 at 10:25 am, drbulb said:

    I wish we could go back to the days of tar and feathering but I’m not sure there’s enough tar in the land to cover it.

    And besides that, it’s made from evil oil and would harm wildlife. Maybe they would let us use organic honey and corn ethanol silk? :roll:

    Please Lord, help us to restore sanity to our republic…

  15. #15
    On November 16th, 2011 at 10:31 am, happyscrapper said:

    On November 16th, 2011 at 10:24 am, rocketman said:

    Well said, rocketmen. But at least we won’t have an exact repeat of Soddom and Gomorrah. God wouldn’t dare turn anyone into a pillar of salt. It is so bad for you, doncha know!!

  16. #16
    On November 16th, 2011 at 10:33 am, swmntman said:

    Cheddar said:…I hate this place. This zoo. This prison. This reality, whatever you want to call it, I can’t stand it any longer. It’s the smell, if there is such a thing. I feel saturated by it. I can taste your stink and every time I do, I fear that I’ve somehow been infected by it…

    Answer is, “Who is Harry Reid commenting on tourist season?”…. I’ll take corrupt politicians for $200, Alex..

  17. #17
    On November 16th, 2011 at 10:33 am, happyscrapper said:

    I just mentioned this on another thread…why are we sending troops to Australia??? I mean…really??? What is going on? Anyone know??

  18. #18
    On November 16th, 2011 at 10:35 am, cabrerski said:

    Someone needs to get a message to Oscar Ortega, STAT!

    Perelman, Stern and Lurie are behind the voices in your head. They intend to make you hurt innocent children and kittens. They also will forbid you to wear any LA Kings sportswear. Do what you must do.

  19. #19
    On November 16th, 2011 at 10:37 am, Mister P said:

    I have said this before. WE DO NOT NEED the FDA. It is corrupt and guarantees medical monopolies and causes hundreds of thousands of deaths each year by withholds drugs it will not, or still has not approved.
    If we are truly conservative we will see that the FDA is not a friend of the individual and forces Statist constraints on each of us.

  20. #20
    On November 16th, 2011 at 10:44 am, old goat said:

    This level of corruption is something I just don’t have the capacity to communicate.

    So many of you have said what I believe. God will not be mocked. Impeaching the entire gov’t might be a start–but the really corrupt ones are the “handlers” I think.

    Any of you read Clancy’s novel where the entire US senate, house, pres etc… were killed in an attack? That would be truly horrific but it might take something that bad to get us out of this mess. (No, I am NOT suggesting it to anybody!)

  21. #21
    On November 16th, 2011 at 10:45 am, old goat said:

    Although in his novel the vice president was the only one left. That would be even worse. Do NOT do it!!!!

  22. #22
    On November 16th, 2011 at 11:15 am, right_on said:

    As citizens of this country, we must DEMAND that government get out of this process, which they mislabel as “business funding,” all together.

    These are “favors,” and when favors such as this occur, there is no oversight. There is no incentive to apply any cost scrutiny. To the contrary. This is simply another way for corrupt politicians to funnel American tax dollars to friends, cronies, and supporters to make them richer. Sadly, this is SOP for members of both parties. Why can’t we find honest public servants?

    With this revelation, and the one revealed this week about Congress’s legal ability to participate in Insider Trading, my thoughts are turning to wishing for horrific accidents, and uncurable medical problems for these bad apples. Our country cannot exist with people like this in charge OF EVERYTHING!

    I am so POed right now, I have to stop….

  23. #23
    On November 16th, 2011 at 11:16 am, Rogue Cheddar said:

    On November 16th, 2011 at 10:33 am, happyscrapper said:
    I just mentioned this on another thread…why are we sending troops to Australia??? I mean…really??? What is going on? Anyone know??

    Something about a Wallaby rebel uprising.

  24. #24
    On November 16th, 2011 at 11:17 am, Pasadena Phil said:

    Chrysler just announced they will invest $1.7B in a new Cincinnati plant to build a new Jeep SUV to exploit “growth in Europe”. All of the accompanying film I am seeing show a very small two-man tin can. Is that the new definition of SUV?

    And are taxpayer subsidies involved in this clearly political pipe dream? Europe is already in a depression and the austerity hasn’t even begun.

    This flat earth economy just doesn’t make sense.

  25. #25
    On November 16th, 2011 at 11:21 am, hawkeye54 said:

    Is there ANYONE in this administration or their cronies who are NOT corrupt, dishonest scumbags?

    No, and that is why they work so well togther. An honest person couldn’t survive in such an environment nor would want to.

  26. #26
    On November 16th, 2011 at 11:22 am, hawkeye54 said:

    Something about a Wallaby rebel uprising.

    Marsupial Spring?

  27. #27
    On November 16th, 2011 at 11:27 am, happyscrapper said:

    On November 16th, 2011 at 11:16 am, Rogue Cheddar said:
    On November 16th, 2011 at 10:33 am, happyscrapper said:
    I just mentioned this on another thread…why are we sending troops to Australia??? I mean…really??? What is going on? Anyone know??

    Something about a Wallaby rebel uprising.

    You jest, RC, but I wouldn’t be surprised. We stick our noses where they don’t belong all the time.

    Seriously, though, why would we send our troops to Australia? Have we ever done that before? I am really curious and a bit alarmed. Something is not right here.

  28. #28
    On November 16th, 2011 at 11:28 am, 1ConcernedMom said:

    On November 16th, 2011 at 10:31 am, happyscrapper said:
    On November 16th, 2011 at 10:24 am, rocketman said:
    Well said, rocketmen. But at least we won’t have an exact repeat of Soddom and Gomorrah. God wouldn’t dare turn anyone into a pillar of salt. It is so bad for you, doncha know!!

    I don’t know, happyscrapper, He might just turn Bloomberg into a pillar of salt! Oh the irony!

  29. #29
    On November 16th, 2011 at 11:29 am, Marshall_Will said:

    Mister P said:
    I have said this before. WE DO NOT NEED the FDA. It is corrupt and guarantees medical monopolies and causes hundreds of thousands of deaths each year by withholds drugs it will not, or still has not approved.

    Been saying that for years. Japan has no equiv. counterpart and we don’t see Japanese citizens keeling over in the streets.

    Further, FDA ‘Approval’ has in no way stopped the Legions O’ Lawsuits that follow these loopy, often unnecessary politically greased drugs from reaching the general public.

    For the despondent, dismantling is the answer. Great article btw.

  30. #30
    On November 16th, 2011 at 11:33 am, knucklehead said:

    I can remember when Clinton was Pres. joking about the “scandal of the week”. The obummer administration is like Clinton on steroids. We have gone from weekly to daily and perhaps hourly scandals (“and the hits just keep on coming”). I predict as we get closer to the election if obummer realizes he will lose that the scandals may come up every minute or so. Even with a score card it is nearly impossible to keep up with the players.

  31. #31
    On November 16th, 2011 at 11:37 am, happyscrapper said:

    On November 16th, 2011 at 11:33 am, knucklehead said:

    Very true, and even the lamestream media is starting to report on some of it. That is when you know the fit is hitting the shan. If the MSM is no longer able to contain it, the jig will be up!!

  32. #32
    On November 16th, 2011 at 11:44 am, 1ConcernedMom said:

    All this corruption is sickening, but really not surprising. The Lord warned us through His Word.

    2 Timothy 3
    1 But mark this: There will be terrible times in the last days. 2 People will be lovers of themselves, lovers of money, boastful, proud, abusive, disobedient to their parents, ungrateful, unholy, 3 without love, unforgiving, slanderous, without self-control, brutal, not lovers of the good, 4 treacherous, rash, conceited, lovers of pleasure rather than lovers of God— 5 having a form of godliness but denying its power. Have nothing to do with such people.

    6 They are the kind who worm their way into homes and gain control over gullible women, who are loaded down with sins and are swayed by all kinds of evil desires, 7 always learning but never able to come to a knowledge of the truth. 8 Just as Jannes and Jambres opposed Moses, so also these teachers oppose the truth. They are men of depraved minds, who, as far as the faith is concerned, are rejected. 9 But they will not get very far because, as in the case of those men, their folly will be clear to everyone.

    A Final Charge to Timothy
    10 You, however, know all about my teaching, my way of life, my purpose, faith, patience, love, endurance, 11 persecutions, sufferings—what kinds of things happened to me in Antioch, Iconium and Lystra, the persecutions I endured. Yet the Lord rescued me from all of them. 12 In fact, everyone who wants to live a godly life in Christ Jesus will be persecuted, 13 while evildoers and impostors will go from bad to worse, deceiving and being deceived. 14 But as for you, continue in what you have learned and have become convinced of, because you know those from whom you learned it, 15 and how from infancy you have known the Holy Scriptures, which are able to make you wise for salvation through faith in Christ Jesus. 16 All Scripture is God-breathed and is useful for teaching, rebuking, correcting and training in righteousness, 17 so that the servant of God[a] may be thoroughly equipped for every good work.

    And some people sadly think the Bible isn’t true.

  33. #33
    On November 16th, 2011 at 11:47 am, RedDog said:

    But over the objections of federal contract negotiators, competitors and scientists, the Obama administration approved a lucrative $433 million no-bid deal for Siga in May.

    Whether the paper trail on these payoffs leads directly to Obama or not, like Nixon and Ken Lay, he is responsible. He has to go to jail. Forget impeachment, he will lose next Novemeber anyway. Should he win he can be prosecuted and impeached then.

  34. #34
    On November 16th, 2011 at 11:49 am, 1ConcernedMom said:

    O/T – I don’t want to go into any details, but please keep me and my family in your prayers. I may share more when I have more information. Thank you.

  35. #35
    On November 16th, 2011 at 11:51 am, RedDog said:

    By January of this year, Siga’s stock had skyrocketed.

    Talk about an insider trader’s dream. Let’s find out the names of the members of Congress who traded on Siga. Wow. This is getting good. Break out the tar and feathers and rails.

  36. #36
    On November 16th, 2011 at 11:52 am, RedDog said:

    On November 16th, 2011 at 11:49 am, 1ConcernedMom said:

    You’re on the list girl.

  37. #37
    On November 16th, 2011 at 11:52 am, AlohaGuy said:

    the Obama administration approved a lucrative $433 million no-bid deal for Siga in May.

    Even some generic drugs are single-source, no-bid – enforced by the FDA. It simply raises costs for consumers, but enriches the cronies. These people should all be in jail.

  38. #38
    On November 16th, 2011 at 11:54 am, AlohaGuy said:

    Where are the trolls to explain to us why they will vote for the criminal-in-chief? If you’re not against corruption, you’re part of the problem.

  39. #39
    On November 16th, 2011 at 12:00 pm, RedDog said:

    In a classic access-buying maneuver, Siga placed Stern on its board of directors in June 2010. Four months later, Siga nabbed an estimated $3 billion contract…..

    … According to the L.A. Times, which exposed the scandal over the weekend, Obama’s top biodefense bureaucrat Nicole Lurie railroaded a key dissenter at the Department of Health and Human Services who ridiculed Siga’s inflated projected profit margins.

    Great. Croney Communists and corruptocrat lesbocistas running amock through the public treasury and courts. I would ask how it could get any worse but I know the answer.

    This is so aggregious and out of control that it almost demands military tribunals and summary executions.

  40. #40
    On November 16th, 2011 at 12:04 pm, Marshall_Will said:

    Aloha Guy,

    They’ve changed tack. Now what we get by way of surrogate is:

    “I have said from the very moment this story broke that I support these investigations/proceedings/discovery/line of questioning from the very start!”

    Well freaking great. Had Obamabots not thrown up roadblocks to vetting and simply not voted for the guy we wouldn’t be here, precisely as we told them.

  41. #41
    On November 16th, 2011 at 12:07 pm, happyscrapper said:

    On November 16th, 2011 at 11:49 am, 1ConcernedMom said:
    O/T – I don’t want to go into any details, but please keep me and my family in your prayers. I may share more when I have more information. Thank you.

    Dear Heavenly Father, Please wrap your arms and your love around 1ConcernedMom and give her peace and comfort. Take care of her family and be with her in whatever struggle she is going through. I ask in Jesus’ Holy Name, Amen.

  42. #42
    On November 16th, 2011 at 12:08 pm, cabrerski said:

    On November 16th, 2011 at 11:16 am, Rogue Cheddar said:
    Something about a Wallaby rebel uprising.

    On November 16th, 2011 at 11:22 am, hawkeye54 said:
    Marsupial Spring?

    Occupy Ayers Rock?

  43. #43
    On November 16th, 2011 at 12:09 pm, AlohaGuy said:

    Something about a Wallaby rebel uprising.

    Oh great – and how can you tell a wallaby from a kangaroo? They will just blend in, and before you know it, we’ll have Predators firing missiles at Roos by accident.

    On the news here they said 250 Marines were being sent to Oz “to counter a growing Chinese threat.” Yeah, I dunno. Obama back on drugs? BTW, I think Oz will tip over if he sends more than that.

  44. #44
    On November 16th, 2011 at 12:10 pm, RedDog said:

    As always, venture socialism backed by Big Labor muscle and White House wealth redistribution is hazardous to taxpayers’ health.

    Venture Socialism. LOL. “Venturing” with stolen taxpayer money. Venturing means direct depositing our money in their bank accounts. It really does not mean money to be used to start up a productive enterprise. What’s that anyway? These people are worse than street crooks because they slaughter economies and communities wholesale. A firing squad is too good for them.

    Like Maggie Thatcher said, “…and Socialist governments traditionally do make a financial mess. They [socialists] always run out of other people’s money. It’s quite a characteristic of them.”

  45. #45
    On November 16th, 2011 at 12:10 pm, rocketman said:

    ***
    HI 1CONCERNED_MOM–#32. Well quoted from the Bible. Too bad that so many people don’t / won’t read and understand God’s wisdom. And don’t teach it to their children. Too many people discover truth the hard way. Like King Solomon said, “Nothing under the sun is new!”. Some people like “hard way” learning–with lots of scars from it.
    ***
    John Bibb
    ***

  46. #46
    On November 16th, 2011 at 12:11 pm, RedDog said:

    On November 16th, 2011 at 12:07 pm, happyscrapper said:

    happy is the best.

  47. #47
    On November 16th, 2011 at 12:15 pm, RedDog said:

    On November 16th, 2011 at 12:04 pm, Marshall_Will said:
    Well freaking great. Had Obamabots not thrown up roadblocks to vetting and simply not voted for the guy we wouldn’t be here, precisely as we told them.

    Exactly. The vaunted Fourth Estate wants to be constantly praised for their social responsibility to “speak truth to power”, and yet they do anything but speak the truth. Had they done so, this Communist would never have made it to Washington much less the White House.

  48. #48
    On November 16th, 2011 at 12:17 pm, AlohaGuy said:

    It just occurred to me – perhaps the Chinese are in Oz buying up mineral rights. 16% of the world’s uranium supply, second largest producer of gold (after China), rare earths – and when no one is looking Hu likes to wear Opal earrings.

    Obama: “Send in the Marines! I like to wear Opal earrings too!”

    (Ok, I made some of that up…)

  49. #49
    On November 16th, 2011 at 12:20 pm, Marshall_Will said:

    RedDog said:

    “Venturing” with stolen taxpayer money. Venturing means direct depositing our money in their bank accounts. It really does not mean money to be used to start up a productive enterprise. What’s that anyway?

    Referring to it as ‘investing’ an insult to the rest of us. Investing involves risk. Period.

    The Sharpe ratio tells us whether a portfolio’s returns are due to smart investment decisions or a result of excess risk. This measurement is very useful because although one portfolio or fund can reap higher returns than its peers, it is only a good investment if those higher returns do not come with too much additional risk. The greater a portfolio’s Sharpe ratio, the better its risk-adjusted performance has been.

    Placing taxpayers at the back of the bus ( read zero risk to crony ) implies their returns should’ve been along the order of a T-Bill return. NOT windfall/hot IPO levels.

  50. #50
    On November 16th, 2011 at 12:33 pm, happyscrapper said:

    On November 16th, 2011 at 12:09 pm, AlohaGuy said:

    Hey AG…will you be able to vote in the next election? You now being Asia and all. Just saying.

    It is amazing the kind of power grab Obama has taken. He now believes he can give one of our states to Asia without going through Congress. Wow…that is impressive.

  51. #51
    On November 16th, 2011 at 12:45 pm, letget said:

    On the subject of bho and his crooked dealings, it seems bhocare has a big ‘glitch’ in the bill. Now bho needs to do the eo thing again to go around congress? I just wish bho would get arthritis so bad he couldn’t write!

    http://www.theblaze.com/stories/report-obama-seeks-to-circumvent-congress-to-fix-obamacare-glitch/
    L

  52. #52
    On November 16th, 2011 at 12:57 pm, cabrerski said:

    On November 16th, 2011 at 12:45 pm, letget said:
    I just wish bho would get arthritis so bad he couldn’t write!

    Not to worry. Obama has never written anything in his life. Proof being all those college papers and law school critiques when he was the President of Harvard Law Review that are no where to be found.

  53. #53
    On November 16th, 2011 at 1:15 pm, Rogue Cheddar said:

    On November 16th, 2011 at 11:22 am, hawkeye54 said:
    Something about a Wallaby rebel uprising.
    Marsupial Spring?

    Is that a joey in your pocket or are you just happy to see me?

  54. #54
    On November 16th, 2011 at 1:24 pm, AlohaGuy said:

    happyscrapper said:

    Hey AG…will you be able to vote in the next election? You now being Asia and all. Just saying.

    Sure – in fact I’m busy “whiting out” Gregoire and Franken on a huge pile of ballots now.

  55. #55
    On November 16th, 2011 at 1:26 pm, AlohaGuy said:

    Obama’s Half-Billion-Dollar Crony Drug Deal

    To be fair to Obama – “drug deal” might be hard to get out of his system.

  56. #56
    On November 16th, 2011 at 1:28 pm, PD Dave said:

    According to Reuters we’re sending 2,500 troops (not 250 Aloha Guy) to be able to “respond quickly to any humanitarian and security issues in Southeast Asia, where disputes over sovereignty of the South China Sea are causing rising tensions.” Seriously, are we supposed to believe 2500 troops are going to stop the Chinese military? This is truly bizarre and something is surely going on behind the scenes. And I thought we were bringing troops home, but apparently we’re just “redistributing the wealth” of troops. Seriously, if we need to help the Aussies we can deploy troops in an emergency, but what is the real purpose here? Oh and btw, the base will be in Darwin, conveniently located 800 miles from Obama’s homeland-Indonesia!

  57. #57
    On November 16th, 2011 at 1:30 pm, Pasadena Phil said:

    Here’s another shocker: Treasury dramatically increases its declared losses on GM bailout. Remember the fraudulent “paid in full” ads early this year? And BTW, the bank bailouts WERE mostly profitable for the government… so far.

  58. #58
    On November 16th, 2011 at 1:32 pm, AlohaGuy said:

    According to Reuters we’re sending 2,500 troops (not 250 Aloha Guy)

    Thanks for the clarification. I hadn’t seen it in writing, the local newscaster last night said 250. Sounded like they were having trouble with Chinese Take-out rather than China.

  59. #59
    On November 16th, 2011 at 1:43 pm, happyscrapper said:

    On November 16th, 2011 at 1:28 pm, PD Dave said:

    This troops to Australia thing set off alarms in my head the minute I heard it. Something is going on and I don’t like it.

    As for number of troops…you are both right. The initial amount is 250, then the final number is 2,500. Good grief. WTF is going on here? That amount of troops is not going to do anything!

    Maybe Obama is slowly and sneakily redistributing our troops so they can’t all come home and save our country from his treason!!

  60. #60
    On November 16th, 2011 at 1:48 pm, Marshall_Will said:

    Pasadena Phil said:
    Here’s another shocker: Treasury dramatically increases its declared losses on GM bailout.

    As headache inducing as those articles are, we still have to read them. As much a part of Exposin’ & Deposin’ Bammie as ever. All they’ve managed to do is dampen the oscillations. The core insolvency issues are ( as the Detroit News noted ) never more than a downtick away!

  61. #61
    On November 16th, 2011 at 1:49 pm, letget said:

    Maybe Obama is slowly and sneakily redistributing our troops so they can’t all come home and save our country from his treason!!

    happy, I like your way of thinking. I have thought the same thing. I do not trust bho in any shape or way.

    Also, someone probably has posted this before, is so sorry. Slug bho at it again!

    http://radio.foxnews.com/toddstarnes/top-stories/obama-cracks-joke-about-u-s-military.html
    L

  62. #62
    On November 16th, 2011 at 1:50 pm, cabrerski said:

    Trouble with the Chinese and we are only going to send only 2,500 Marines? They have a standing army of over 1 million. Sounds like a fair fight.

  63. #63
    On November 16th, 2011 at 1:56 pm, cabrerski said:

    Pasadena Phil said:
    Here’s another shocker: Treasury dramatically increases its declared losses on GM bailout.

    Just another staged press release (number 2 in a series of 9). Once the dust settles and the whole truth is let out, that $49.5 billion bailout of GM will be more like a $75 billion millstone around the taxpayers’ necks.
    Hey, if the head of Treasury can’t figure out Turbo Tax, how can he account for the money of a politically-sensitive issue?

  64. #64
    On November 16th, 2011 at 2:05 pm, mondamay said:

    On November 16th, 2011 at 12:17 pm, AlohaGuy said:

    It just occurred to me – perhaps the Chinese are in Oz buying up mineral rights. 16% of the world’s uranium supply, second largest producer of gold (after China), rare earths – and when no one is looking Hu likes to wear Opal earrings.

    Be safe AlohaGuy. What with China and Russia around, “Asia” can be a dangerous place.

  65. #65
    On November 16th, 2011 at 2:07 pm, mondamay said:

    Looks like Happyscrapper beat me to it. Always refresh page after lunch.

  66. #66
    On November 16th, 2011 at 2:15 pm, Marshall_Will said:

    cabreski said:

    Just another staged press release (number 2 in a series of 9).

    Was that PR #2 or… 3? In all the excitment, kinda’ lost track myself? Like the Trolls that post here, the truth comes out in drips & drabs, one centrally planned one-cheek-sneak at a time.

    Hoping of course to pawn it off on the dog. Or elephant.

  67. #67
    On November 16th, 2011 at 2:49 pm, Dexter Alarius said:

    Wow!
    Put a monacle on that guy with the cigar and that is totally Colonel Klink!
    Hogan! (shakes fist in frustration)

  68. #68
    On November 16th, 2011 at 2:57 pm, mondamay said:

    On November 16th, 2011 at 2:49 pm, Dexter Alarius said:

    Wow!
    Put a monacle on that guy with the cigar and that is totally Colonel Klink!
    Hogan! (shakes fist in frustration)

    Yeah, but he’s got Mindy’s dad’s hair! that was throwing me off from making the Klink connection.

  69. #69
    On November 16th, 2011 at 3:00 pm, hawkeye54 said:

    According to Reuters we’re sending 2,500 troops (not 250 Aloha Guy) to be able to “respond quickly to any humanitarian and security issues in Southeast Asia, where disputes over sovereignty of the South China Sea are causing rising tensions.” Seriously, are we supposed to believe 2500 troops are going to stop the Chinese military?

    The key words are “humanitarian” and “security” . Australia is merely for basing, not assist the Aussies in any way militarily, nor act as a deterent to the PRC. Is anyone aware if the troops will even be supplied with more than one bullet apiece? To be kept in pocket until permited to use, of course.

  70. #70
    On November 16th, 2011 at 3:07 pm, Rogue Cheddar said:

    Send the frickin Peace Corpse! I don’t want our Marines being used for anything remotely humanitarian!

  71. #71
    On November 16th, 2011 at 3:32 pm, babbledabble said:

    We are sending troops to Australia to show that “we are not afraid of China.” I’ll bet they are shaking in their boots with their million man army..
    ROFLMAO

  72. #72
    On November 16th, 2011 at 4:21 pm, Rogue Cheddar said:

    On November 16th, 2011 at 2:49 pm, Dexter Alarius said:

    Wow!
    Put a monacle on that guy with the cigar and that is totally Colonel Klink!
    Hogan! (shakes fist in frustration)

    I was watching the History Channel last night about the Fall Of The Third Reich and the engineering efficiencies with regard to erradicating the Jews, how POW’s in Germany became fodder for a comedy TV series is beyond me. Cognitive dissonance is a Hollywood staple.

  73. #73
    On November 16th, 2011 at 4:32 pm, yaymm said:

    Business as usual for all the political appointees in the Obama administration. They have all apparently learned from example from each other, that you can get away with just about anything, even though it may be unethical, or even corrupt, as long as you don’t openly violate the law. If you do violate the law, simply deny and stonewall. And hide your ill gotten gains from everyone.

    The Marines in Australia is somewhat puzzling. The only reason I can think of is that Obama has to find places to put the people coming back from Iraq at the end of the year, so they don’t just get “laid off” or have to stand around, visibly doing nothing here at home.

    He surely doesn’t think he’s creating some kind of preventive, or security effort that will impress the Chinese! Or maybe he’s anticipating needing to help his compatriots in Indonesia withstand an uprising.

    Maybe the Aussie economy in the north needs a shot in the arm and he’s decided to help them out by having our troops spend some money up there.

    Or what the heck, maybe he’s just trying to impress the Australian President with his capabilities to expend resources.

  74. #74
    On November 16th, 2011 at 5:39 pm, cabrerski said:

    On November 16th, 2011 at 3:07 pm, Rogue Cheddar said:
    Send the frickin Peace Corpse! I don’t want our Marines being used for anything remotely humanitarian!

    With you 100% on this one, Rogue. If they want us to break things in Oz, fine. If not, bring them home. If we need to exercise the troops, send them to our southern border. A 125 miles south of me would be a good start.

  75. #75
    On November 16th, 2011 at 6:08 pm, ChapBix said:

    #32. On November 16th, 2011 at 11:44 am, 1ConcernedMom said:

    Or relevant.

  76. #76
    On November 16th, 2011 at 6:10 pm, ChapBix said:

    #34. On November 16th, 2011 at 11:49 am, 1ConcernedMom said:

    Shall do.

  77. #77
    On November 16th, 2011 at 6:11 pm, hawkeye54 said:

    I was watching the History Channel last night about the Fall Of The Third Reich and the engineering efficiencies with regard to erradicating the Jews, how POW’s in Germany became fodder for a comedy TV series is beyond me.

    Well, may not be so inconceivable. As I recall, there was some input from government to Hollywood to consider putting the Germans in a bit better light in some productions not showing them all as monsters, as we wanted to keep them on our side as a NATO ally in the Cold War against the USSR.

    And sometimes, even in the most horrible circumstances, someone always seems to want to find some way to make comedy out of it, perhaps so they don’t go mad remembering the horror.

  78. #78
    On November 16th, 2011 at 7:58 pm, T-Bone said:

    No bid contracts + White House = Sigaburton

  79. #79
    On November 16th, 2011 at 8:10 pm, OK_Loyalist said:

    And the hits keep on coming …

    Robert Kennedy Jr’s Green Company Scored $1.4 Billion Taxpayer Bailout

    President John F. Kennedy’s nephew, Robert Kennedy, Jr., netted a $1.4 billion bailout for his company, BrightSource, through a loan guarantee issued by a former employee-turned Department of Energy official.

  80. #80
    On November 16th, 2011 at 8:34 pm, T-Bone said:

    On November 16th, 2011 at 10:33 am, happyscrapper said:
    I just mentioned this on another thread…why are we sending troops to Australia??? I mean…really??? What is going on? Anyone know??

    Beer Summit?

    Opera Premier?

    Wag the Dog?

    He meant Outback Steakhouse?

    So they could find out what a real knife is?

    DADT soldiers are now being sent Down Under.

    They needed more people on the other side of the Island so it doesn’t tip over.

    Its a Commonwealth so he sent Marines to get some wealth for the common folk in Zucotti Park.

    Oh, it’s not Great Barrier Reefer?

    He Abhors Aborigines.

    The Chinese food there is great, especially the Orange Crocodile.

  81. #81
    On November 16th, 2011 at 8:46 pm, BK said:

    Leftists let ONLY cronies make money. No surprise there.

  82. #82
    On November 16th, 2011 at 8:57 pm, ChapBix said:

    #51. On November 16th, 2011 at 12:45 pm, letget said:

    On the subject of bho and his crooked dealings, it seems bhocare has a big ‘glitch’ in the bill. Now bho needs to do the eo thing again to go around congress? I just wish bho would get arthritis so bad he couldn’t write!

    You mean you didn’t know? TOTUS signs eo’s for POTUS when his arm is tired. Kind of like a relief pitcher. Which is most of the time, since POTUS is tired alot after playing multiple rounds of golf.

  83. #83
    On November 16th, 2011 at 9:52 pm, HarryBailey said:
    On November 16th, 2011 at 1:43 pm, happyscrapper said:
    On November 16th, 2011 at 1:28 pm, PD Dave said:
    This troops to Australia thing set off alarms in my head the minute I heard it. Something is going on and I don’t like it.
    As for number of troops…you are both right. The initial amount is 250, then the final number is 2,500. Good grief. WTF is going on here? That amount of troops is not going to do anything!
    Maybe Obama is slowly and sneakily redistributing our troops so they can’t all come home and save our country from his treason!!

    Big glass of water with your meds tonight, dearie.

    If you really believe that US troops are being scattered around the world so that Obama can complete a coup, you really, really need some medication to bring you back to reality.

    Obama is the duly elected POTUS by a pretty good margin.

    Really. Google it. Then wake up and slap yourself and welcome to reality.

  84. #84
    On November 16th, 2011 at 10:06 pm, Blackstone said:

    Stern and Perelman have been scratching each other’s backs for years. In the fall of 2006, the SEIU backed off organizing protests against AlliedBarton, a security guard firm in Philadelphia owned by a Perelman interest — and then remained quiet when the firm was bought out by a longtime SEIU nemesis, the Blackstone Group.

    I deny all involvement.

  85. #85
    On November 17th, 2011 at 7:58 am, beachmom said:

    And while the lamestream media will hound Gingrich for making a couple of million from big pharma and Fannie/Freddie, they will completely ignore this.

  86. #86
    On November 17th, 2011 at 12:21 pm, rocketman said:

    ***
    To those who don’t think that 2500 fully armed and supported U.S. Marines–and their U.S. Navy backup–couldn’t make a world of difference in a lot of third world S**THOLES–B.S.! Their expeditionary groups are very self sufficient–with excellent Navy surface and submarine backup. With excellent Harrier jump jet and armed helicopter assets.
    ***
    They would have made a game changing difference during the Rwanda genocide. Or in the Southern Sudan “ethnic cleansing” by the Islamic rapists, murderers, and robbers. Ditto for cleaning out various Somali Pirate lairs. Unlike the useless (not) United Nations “peace keepers”. Provided that the “touchy–feely nation building” rules of engagement were trash canned and quick real victory and get out WW2 style ROE were followed. Hundreds of thousands of innocent lives would have been saved.
    ***
    Maybe Comrade Obama has some more Libyan adventures on his radar screen. Perfect situations–no real threats to American interests. No benefits to the U.S. Flunks all tenants of the Powell Doctrine. Or maybe He likes the chow and 22 oz. frosty Foster brewskies at Outback. Works for me–2 of those really improves a steak dinner.
    ***
    Or maybe the Aussies have been so disarmed by their government that they want a little U.S. “boots on the ground” insurance. But being the world’s policeman isn’t what our military should be doing–doesn’t work out too well.
    ***
    John Bibb
    ***

  87. #87
    On November 17th, 2011 at 1:24 pm, doriangrey said:

    Corruption, cronyism in the Obama Administration? Say it isn’t so…

    Energy Secretary Stephen Chu dives on his sword to save The One…

  88. #88
    On November 17th, 2011 at 10:48 pm, Virginia Patriot said:

    The only way The Usurper could get reelected is if the Stupid Party could be so stupid that they nominate the architect of Obamacare/Romneycare.

    They will and he’ll lose graciously, just like McCain.

    Then the real party starts……

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