Sen. Obama First African-American President

[Entendance]

Dear President, healthy economy runs on trust. People have to trust and respect each other in order to do business.



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[dlry]

You can't do the right thing against the wrong people!





Jailed Whistleblower: US Lawmakers Held Offshore UBS Accounts

Democracy Now! co-host Juan Gonzalez discusses his interview with UBS whistleblower Bradley Birkenfeld one day after Birkenfield’s Tax Day clemency request to President Obama.

http://tinyurl.com/y64ce28

[dlry]

Politics....what a game...what a shame!!!!!!!!! Is scumbag a major in college because you don't get this good without study!!

How many others?...How many states? This is local...what happens when you play in DC?



State Sues Espada Over Nonprofit Clinics

Mr. Espada used the nonprofit as a “personal piggybank,” the suit said, to pay for expenses ranging from $20,000 worth of take-out sushi orders to $50,000 to maintain a Bronx apartment where he does not live to $9 million for a severance package that, if paid out, would essentially bankrupt the clinics

“I think criminal charges are a very real possibility,” Mr. Cuomo said. “Stay tuned.”

The suit, part of an ongoing investigation by Mr. Cuomo into Mr. Espada’s political and business activities, seeks to remove Mr. Espada as president of the nonprofit corporation, which runs four health clinics in the Bronx that receive most of their funding from the federal and state governments.

http://tinyurl.com/y5ojm5j

[defio70]

WE NEED TO SEE HANDCUFFS.

So the speech now has been given.... Let's analyze it
http://tinyurl.com/2em2qhd

[dlry]

All The President’s Men (With Ties To Controversial Goldman Sachs)
VIEWPOINT
MICHELLE MALKIN
While President Obama assails the culture of greed and recklessness practiced by the men of Goldman Sachs, his administration is infested with them. The White House can no more disown Government Sachs than Da Boss in chief can disown Chicago politics.

Obama headed to Wall Street Thursday to demand “financial regulatory reform” — just as the U.S. Securities and Exchange Commission has filed civil suit against Goldman Sachs for mortgage-related fraud.

Question the timing?

Darn tootin’.

There are no coincidences in the perpetually orchestrated Age of O.

Everyone from disgraced former New York Attorney General Eliot Spitzer to analysts at the Brookings Institution and Barclays Capital to the GOP leadership and Rush Limbaugh has noted the reeking political opportunism in the air.

As the New York Post reported Tuesday, the Democratic National Committee immediately bought sponsored Internet ads on Google that direct Web surfers who type in “Goldman Sachs SEC” to Obama’s fundraising site. “It’s time to hold the big banks accountable,” the money-grubbing DNC message bellows.

But just like his crony capitalist predecessor George W. Bush, Obama has relied on Goldman Sachs and Wall Street power brokers to engineer massive government intervention to “rescue” failing businesses with the tax dollars of ordinary Americans.

While irony-challenged Democratic candidates like mob-linked banker Alexi Giannoulias in Illinois (who hopes to fill Obama’s old Senate seat) call on Republicans to return their fat-cat Goldman Sachs donations, the Democrats are silent on the $994,795 in Goldman Sachs campaign cash that Obama bagged.

The class-warfare Dems are also mum on all the president’s Goldman Sachs men sitting in the catbird’s seat:

Goldman Sachs partner Gary Gensler heads Obama’s Commodity Futures Trading Commission. He was confirmed despite heated congressional grilling over his role, as Reuters described it, “as a high-level Treasury official in a 2000 law that exempted the $58 trillion credit default swap market from oversight. The financial instruments have been blamed for amplifying global financial turmoil.”

Gensler said he was sorry — hey, it worked for tax cheat Treasury Secretary Tim Geithner — and was quickly installed to guard the henhouse.

Goldman Sachs kept White House Chief of Staff Rahm Emanuel on a $3,000 monthly retainer while he worked as Clinton’s chief fundraiser, as first reported by Washington Examiner columnist Tim Carney. The financial titans threw in an additional $50,000 to become the Clinton primary campaign’s top funder.

Emanuel received nearly $80,000 in cash from Goldman Sachs during his four terms in Congress — investments that have reaped untold rewards, as Emanuel assumed a leading role championing the trillion-dollar TARP banking bailout law.

Former Goldman Sachs lobbyist Mark Patterson serves under Geithner as his top deputy and overseer of TARP bailout — $10 billion of which went to Goldman Sachs. Left-leaning government watchdog Melanie Sloan of the Citizens for Responsibility & Ethics in Washington responded: “It makes it appear that they are saying one thing and doing another.”

Paul Blumenthal of the Sunlight Foundation noted that, while at Goldman Sachs, Patterson lobbied against executive pay limits that Obama had crusaded for as senator (before, that is, his administration carved out exemptions for AIG).

While Patterson agreed to recuse himself on any Goldman Sachs-related issues or related policy concerns, Blumenthal wrote, it “still creates a serious conflict for Geithner, as Treasury is being partly managed by a former Goldman lobbyist. Geithner is also placed in a tough position, considering that his chief of staff is limited in the areas in which he can work (supposedly).”

Obama’s close hometown crony, campaign finance chief and senior adviser Penny Pritzker, was head of Superior Bank of Chicago, a subprime specialist that went bust in 2001, leaving more than 1,400 people stripped of their savings after bank officials falsified profit reports.

Pritzker’s lawyer at O’Melveny & Myers, Tom Donilon, is now Obama’s deputy national security adviser. He earned just shy of $4 million representing her and other high-profile meltdown clients, including Goldman Sachs.

White House National Economic Council head Larry Summers reaped nearly $2.8 million in speaking fees from many of the major financial institutions and government bailout recipients he polices, including JPMorgan Chase, Citigroup, Lehman Bros. and Goldman Sachs. A single speech to Goldman Sachs in April 2008 brought in $135,000.

Summers has prior experience negotiating government-sponsored bailouts that benefit private concerns. In 1995, he spearheaded a $40 billion Mexican peso bailout that bypassed Congress.

Summers personally leaned on the International Monetary Fund to provide nearly $18 billion for the package.

His boss at Treasury was Robert Rubin, the former co-chairman of Wall Street giant Goldman Sachs — the Mexican government’s investment banking firm of choice.

Rubin continues to mentor another former employee of his with regular visits and chats — Treasury Secretary Geithner, who as head of the New York Federal Reserve pushed bailed-out insurance conglomerate AIG to cover up sweetheart deals for investment banks that benefited, you guessed it, Goldman Sachs.

As Obama harangues Wall Street to clean up its house, all the president’s Goldman Sachs men have their feet on the coffee table at his.

http://tinyurl.com/39lfadp

[defio70]

The strategy of the Bernanke Federal Reserve and of the Obama Administration's economic team is fairly clear: prevent the bank failures of the 1930's by propping up the biggest banks with huge infusions of publicly subsidized capital, and hope that they start lending again as the economy recovers.
What a shame. What a disappointment...
http://tinyurl.com/3yhyrfx

[sowhat]

Obama Unmasked in Explosive New WND Book

President Obama has deep ties to an anti-American extremist nexus that has been instrumental not only in building his political career but in crafting current White House policy, charges a new book
http://tinyurl.com/2vl4dyo

[sowhat]

...Doing the same thing over and expecting to get a different result is one common definition of insanity.

Ben Bernanke and President Obama are insane, and time to alter course either has - or shortly will - run out.
http://tinyurl.com/33kma7f

[defio70]

We have been informed by sources in the US Army Corps of Engineers, Federal Emergency Management Agency (FEMA), and Florida Department of Environmental Protection that the Obama White House and British Petroleum (BP), which pumped $71,000 into Barack Obama's 2008 presidential campaign -- more than John McCain or Hillary Clinton, are covering up the magnitude of the volcanic-level oil disaster in the Gulf of Mexico and working together to limit BP's liability for damage caused by what can be called a "mega-disaster." http://tinyurl.com/32ysxmo

[defio70]