Yahoo: TImes: Obama fails to go after financial meltdown culprits. Could that be because they’re all DEMOCRATS?
http://www.miaminewtimes.com/2009-10-29/news/president-obama-fails-to-go-after-those-responsible-for-the-financial-meltdown
DEMOCRATS IN THEIR OWN WORDS:
http://www.youtube.com/watch?v=_MGT_cSi7Rs
Do Democrats realize their EVERY WORD is easily accessible
Franklin Raines, Chris Dodd, Barney Frank, Jamie Gorelick ALL MADE MILLIONS
ALL -D-E-M-O-C-R-A-T-S–
Compare Cheap UK Mobile Phones
Compare Budget USA Cellular Wireless Phones
Related posts
so tired of democrat vs republican bs.
this is so Right.
you should see the Frontline PBS special
Libs don’t talk about it
You’re asking people basically is Chicago politics corrupted. Of course everyone would say yes. Yet deny the fact that Obama is from Chicago.
Would that be the justice department’s job–*
Seems to me like there are a whole bunch of Democrats out there who are suddenly tired of the Democrat vs. Republican bs.
all democrats and probably donated a huge amount of money for his campaign.what you call buying someone off.imagine that,the president being from a bent state like Illinois being bought off.
hey V…hit the small red x if your tired of it.upper right hand corner
YES.
Don’t forget the yet to be indicted Charlie Rangle
They will figure this out
How about the actual CEO’s, like Gary Cohn & Jon Winkelreid of Goldman Sachs? You’ll find they were close in Republican circles. In fact, Winkelreid backed John McCain in the last election. Curious.
When will you realize that money buys access and those with money donate the most to whomever they reckon is going to win?
McCain got money from these people too, just not as much.
At some point last summer, the huge money people placed their bets on Obama and he got the huge money, just like Bush did over Gore and Kerry.
And thus like Bush (and Clinton, Bush 41, Reagan, Carter and so forth and so on) before him, Obama is pandering to the huge money.
Did you notice the recurring theme here? M-O-N-E-Y
sniff, sniff…I smell the stench of liberal crony corruption and coverup.
Gee, how are these crooks any different than the Enron crooks?
Libs don’t like that being brought up.
For every Democrat that you listed I can find 20 or more Republicans that made millions. Besides that it is not Obama’s job to ” go after culprits ” that is the justice department.
Madoff is a Democrat.
The whole SEC should be fired and replaced with honest people.
Madoff was first reported to the SEC in 1992. The company that reported him was shut down by the Clinton admin in 1993:
http://www.guardian.co.uk/business/2009/sep/02/bernard-madoff-sec-report
Report: Regulator was tipped off about Madoff fraud as early as 1992
“a suspicion of distress at Madoff Investment Securities arose as early as 1992 when customers of Avellino & Bienes, a fund that invested all its money with Madoff, complained about documents making a seemingly impossible promise of “100%” safe investments. Although the SEC shut down Avellino & Bienes, the agency only made a “brief and very limited” examination of Madoff.”
Obama knows the dangers of the financial sector still exist, yet he has done nothing to right the problem:
http://news.yahoo.com/s/ap/20090914/ap_on_go_pr_wh/us_obama_financial_regulations
Obama warns Wall Street not to block tighter regs
Obama reveals that he is aware of the problems that still exist, due to his failure to do anything about them.
Copy/pasted from the original wording that appeared in the article:
“President Barack Obama sternly warned Wall Street Monday against returning to the sort of reckless and unchecked behavior that threatened the nation with a second Fantastic Depression…”
“…Obama warned financial titans on the first anniversary of the Lehman Brothers collapse that they could not count on any more bailouts.”
Wording was altered significantly by the next day.
At the very least, regulators should be splitting up the financial supergiants like AT&T was split up, but they’re not:
http://www.forbes.com/2009/09/11/financial-regulation-reform-business-wall-street-year.html
The Hard Truth About Financial Regulation
For months regulators have acknowledged that some financial companies had simply grown too large and unwieldy and that dismantling them to a smaller size and more focused business would be to the benefit of the financial markets in general.
http://www.nytimes.com/2009/07/17/opinion/17krugman.html
on the failure of the Obama admin to reform, not just rescue
Obama is working hard to become the next Hoover.
If you don’t know what Hoover did, look it up.
Your points are justified. You have credible links to justify them. The only problem now is that people just don’t don’t want to accept the truth. When democrats are in the incorrect it is never incorrect because they don’t have to answer for it.
And when the Obama gets out of office he will get the huge “paycheck” too. That’s the way it works in the corrupt government of thieves that we have continued to elect over and over.
With the financial sector in turmoil today, the media and the politicians have started throwing around blame with the same recklessness as lenders threw around credit to make the problem. Politically, the pertinent question is this: Which candidate foresaw the credit crisis and tried to do something about it? As it turns out, John McCain did — and partnered with three other Senate Republicans to reform the government’s involvement in lending three years ago, after an attempt by the Bush administration died in Congress two years earlier. McCain spoke forcefully on May 25, 2006, on behalf of the Federal Housing Enterprise Regulatory Reform Act of 2005 (via Beltway Snark):
Chris Dodd, then the ranking member of the Banking Committee and now its chair, was in the middle of receiving preferential loan treatment from Countrywide Mortgage, one of the companies gaming the system in the credit crisis. Meanwhile, Barack Obama took hundreds of thousands of dollars from the lobbyists McCain mentions in this speech, making him the #2 recipient of Fannie/Freddie money:
How many Republican CEO’s did Bush go after last year? Get over yourself. Look at his connections to Goldman Sachs or Kenneth Lay for goodness sake. Did you bother to read the whole article you posted?
It’s fine to attack democrats for hypocrisy but you need to realize the republicans are just as terrible or worse, especially when it comes to corporate crime, at being hypocritical. This makes YOU hypocritical as well.
Newsflash: you conservative blowhards and the liberal blowhards like you are a dying breed. Independents and moderates are growing in number. Work with others to make this nation better or be left in the past. Your finger pointing and alarmist rhetoric adds nothing to society.