Obama DELUSIONAL: In face of GROWING CHORUS of "Liberal" critics, Obama INSISTS on GIVING _MORE TRILLIONS_ to his Bank-buddies!

Reflecting the dire warnings of our earlier posts, the CHORUS and BACKLASH of "liberals" - who SHOULD be President Obama's most enthusiastic supporters - is growing deafening:
- The Obama "recovery" plan, aka the "Tim Geithner plan" (which really SHOULD be called "The RUBINS/Summers/EMANUEL/GOLDMAN-SACHS plan") is NOTHING but YET ANOTHER GIVE-AWAY to the FAILED and FRAUDULENT BANKERS!!

JUST WHERE THE HELL did Mr. Obama get the notion that TIM GEITHNER - who PRESIDED OVER CATASTROPHE last year as just the #2 or #3 man behind Ben Bernanke AT THE FED - has ANY "good advice" to give ???!

THIS is DELUSIONAL!

JUST WHERE THE HELL did Mr. Obama get the notion that ROBERT RUBINS - who as Clinton's Treasury Secretary PUSHED President Clinton to SIGN the GRAMM-Leach Bliley Act (GLBA), and the EQUALLY ATROCIOUS Phil Gramm authored "COMMODITY FUTURES 'MODERNIZATION' Bill of 2000, and who just last year PRESIDED OVER THE BANKRUPTCY at Citi-Group (where, as an Executive, he had "earned" $115 MILLION over past 8 years) - has ANY "Good Advice" to dispense??!

THIS is DELUSIONAL!

Sure enough, right on schedule, HERE is a NY Times article, "Bank of America ACCCUSED of SETTING Up a Long Island branch that was BASICALLY A PONZI Scheme" !!
http://www.nytimes.com/2009/03/28/business/28ponzi.html
This above story (link) of course following news last week's news, where NY Attorney General Andrew Cuomo is GETTING a COLD SHOULDER from Obama and the White House, despite AG Cuomo TRYING to INVESTIGAGE __MASSIVE FRAUD__ at AIG's "Risk Assessment" division!
http://dealbook.blogs.nytimes.com/2009/03/26/cuomo-widens-his-aig-investigation/?hp

These stories are just the FIRST RUMBLE of an EARTHQUAKE, or Tsunami, or volcano, of HORRIFIC NEWS that is ABOUT TO ENGULF the Obama presidency, because Mr. Obama STUPIDLY, DELUSIONALLY, believes that there is NO (MASSIVE!) FRAUD in the past several years WORTH LOOKING IN TO !!

In his ARROGANCE to believe his self-centered, self-serving Bankster advisers, Mr. Obama SIMPLY DOES NOT CARE for those members of the American public who have been DEFRAUDED by - not just Bernie Madoff's fund, but DEFRAUDED by the MAJOR NAMES in American banking, BANK of AMERICA, Citi, JPMorgan-CHASE... and of coruse AIG and GOLDMAN-SACHS!
Goldman-Sachs men are TWO out of FOUR of Obama's top 4 advisors - both Rubins & Summers have drawn G-S paychecks in recent years!!

And these rumblings are coming IN SPITE of THE $1,500,000,000,000 - ONE-point-FIVE TRILLION taxpayer DOLLARS - that Mr. Obama has either voted for (in the First Paulson-Pelois $700 BILLION dollar bailout, when Obama was still a Senator in September 2008) - or the more recent bailout that Obama _personally authored_ and sent to congress, THESE PAST FIVE MONTHS, alone!
(Obama requested ANOTHER $800 BILLION dollars in BANK BAILOUTS from the White House earlier this past month.)
(note: "Market doing better?
OF COURSE it is doing better!" -
"They have just been given another TWO TRILLION DOLLARS in government/taxpayer dollars!" by Ian Welsh, HuffPost.)
http://www.huffingtonpost.com/ian-welsh/best-month-in-the-market_b_180309.html

And the CENTERPIECE of Obama's "NEW" plan - is TO GIVE MORE MONEY TO BANKERS, and to STILL to give them a LONG LEASH, to DO AS THEY PLEASE with that cash - because Mr. Obama sees NO, repeat NO, he see _NO!_ need for INVESTIGATIONS - MUCH LESS AUDITS, much less CRIMINAL AUDITS of the kind that FINALLY Closed Charles Keating's LINCOLN Savings & Loan!

Mr. Obama simply MUST sit down with some OUTSIDE experts ("outside" of his Rubins/Emanuel mafia
and here -
http://www.washingtonpost.com/wp-dyn/content/article/2008/11/24/AR2008112401118_pf.html),
and get a BRIEFING on the sad course of the LINCOLN SAVINGS & LOAN scandal...
He, Obama, is FOLLOWING in the sorry footsteps of President H.W. Bush Sr., who FIRED the San Francisco District (one of the 11 Fed Districts besides Giethner's NY District) branch BANK EXAMINER, who was running a FORENSIC AUDIT of Keating's books - Bush Sr. FIRED that examiner, and hired INDUSTRY (Wall St.) super-lobbyist M. DANNY WALLS, who GAVE Keating ANOTHER YEAR to RUN UP LOSSES,
Bush Sr. and Walls COSTING TAXPAYERS ANOTHER BILLION DOLLARS (in 1980s money) of LOSSES before Walls himself was finally fired and Keating's Lincoln S&L finally shut down!

OUT OF GROSS IGNORANCE and STUBBORNESS, (and DEFERENCE to his FAILED and CORRUPT BANKERS), Mr. Obama is REPEATING _THE WORST MISTAKES_ of the aborted Bush-2 presidency!!

Here's ANOTHER breifing Mr. Obama needs to find time for:
Mr. Obama needs to take TWO MINUTES out of his busy day to ask his Chief of Staff, Rahm Emanuel: "Rahm, would your previous investment bank, _Wasserstein-Perrella_, SPEND A DIME to buy up a target company... before you did INTENSIVE AUDITS and INVESTIGATIONS of EVERY department and division of THAT (target) COMPANY's LIABILITIES and ASSETS???"
and of course Rahm would answer,
"HELL NO!"
"What do I look like... that FOOL DICK CHENEY?!"*

Rahm has ONE standard for his PAYING COMPANY & clients... and another, 1,000 times WEAKER standard, for the 300+ million American citizens who are paying his (paltry, by investment bank) current WH Chief of Staff salary today!

**(note: Cheney, as Halliburton Chairman & CEO, infamously directed HALLIBURTON to BUY OUT and TAKE-OVER DRESSER INDUSTRIES... complete with Dresser's HUNDREDS of BILLIONS of dollars of ASBESTOS (mesothelioma) and related pending lawsuits.
- The "acquistion" WOULD HAVE BANKRUPTD Halliburton (it nearly did), but for Cheney's ARM TWISTING political clout in Republican Party & Congress (AND with CORRUPT, corporate, "Blue Dog" or "Conserva-Dems" Democrats) to get BILLIONS of dollars of lawsuits DISMISSED, VACATED, or reduced in favor of Dresser/Halliburton, at the expense of Dresser employees who wound up with terminal cases of cancer.)

Mr. Obama has SO STUBBORNLY stuck with his "GIVE my BANKER friends TAXPAYER BILLIONS - NO strings attached!" delusion for SO long, that his administration is already severely damaged.
Now the question is, "CAN HE DITCH Emanuel, Rubins & Geithner (and Summers), and still look credible?"

HOWEVER BLEAK _that_ prospect may be, the President BETTER START LOOKING IN TO IT NOW, before the TIDAL WAVE of CORRUPTION SCANDALS breaks loose, and HE looks like PART OF THE CORRUPTION.

IN MILITARY AFFAIRS, to be "BEHIND" the news, means to watch your divisions & brigades CHOPPED TO PIECES by enemy actions, attacks THAT YOU WERE NOT AWARE OF until the enemy crashed into your weak, unprepared, and disorganized lines.

In politics, especially regarding a FINANCIAL CRISIS during which YOU WERE A SENATOR for TWO entire years previous, being "BEHIND THE NEWS" means you are completely NOT in control...
...a political DEATH SENTENCE for a Democrat President coming into office during the first wave of a REPUBLICAN RECESSION.
(Hell: Mr. Obama's SELF-SERVING TEAM, couldn't even find out whether AIG's bonuses were the $156 million originally reported... or the $218 million dollars Reuters later reported! When YOU are BLINDSIDED by the SAME SCANDAL- TWICE IN ONE WEEK - you need to FIRE your (political) field commanders!)
http://www.reuters.com/article/newsOne/idUSTRE52K19L20090321

-------------------------------------------------------

for the BACK HISTORY of how Mr. Obama is COMPLETELY OBLIVIOUS of Bush's Senior's role in STAVING OFF INVESTIGATIONS of the FAILED, BANKRUPT, and USUALLY FRAUDULENT Savings & Loan thrifts, see these links and other, similar stories:
George H.W. Bush (Sr.), PHIL GRAMM, the DEREGULATION of the SAVINGS & LOAN industry; the BUSH-1 DEFICITS (aka "the LOOTING of the TREASURY) >> the BUSH-1 RECESSION, HUGE UNEMPLOYMENT, and RECESSION-INSPIRED RIGHT-WING TERRORISM, aka FORMER CIA & NIXON operative G. GORDON LIDDY, and TIMMY McVEIGH.)

Hell- EVEN MAUREEN DOWD understands THE RAMPANT FRAUD in these markets, BETTER than America's "brilliant" young President?!
http://www.nytimes.com/2009/03/22/opinion/22dowd.html
(Wall St. insider: THE ENTIRE MARKET BUBBLE was BUILT ON FRAUD - America's president TOO DELUSIONAL to notice, or TOO COMPROMISED to do a thing about it!)
http://www.portfolio.com/news-markets/national-news/portfolio/2008/11/11/The-End-of-Wall-Streets-Boom

(Speaking of Mr. Obama being "DELUSIONAL," we couldn't resist posting this link from BUSINESS-WEEK reporter Shoshana Zuboff, who compares "the BANALITY" of Adolf Eichman's crimes, to the FINANCIAL CRIMES of THIS current economic crisis...
- and finds "By refusing to consider the consequences of their actions, those who CREATED [this current] FINANCIAL CRISIS _exemplify_ the BANALITY of EVIL" - that is, THE SAME "BANALITY OF EVIL" of CRIMES-AGAINST-HUMANITY war criminal Eichman!
http://www.businessweek.com/managing/content/mar2009/ca20090319_591214.htm
(And, what the hell, we even have a TEXT-BOOK EXAMPLE of that financial _BANALITY of EVIL_ - the NEW YORK TIMES joining GOLDMAN-SACHS in GLOATING about their 2006 BILLION DOLLAR BONUSES - NOT ONE lousy effort by the "BANALITY OF EVIL" NY Times to try to LINK Goldman-Sachs BONSUSES, to the THOUSANDS of American families already FACING EVICTION that Christmas, as the FORECLOSURE CRISS was just STARTING to unwind in December of 2006!)
Goldman-Sachs, New York Times, practically GLOAT about their BILLIONS of dollars
Christmas 2006 bonuses - "How to spend ___x___ million dollars"!)
(We won't bore you with the story about how, EVEN THEN, Goldman-Sachs' "PROFTS" were ENTIRELY ARTIFICIAL, "PUMPED UP" by Goldman's friends at the Fed - GEITHNER and BERNANKE - and in Treasury (Paulson)!)
http://www.nytimes.com/2006/12/12/business/12cnd-earn.html




We have included nearly TWO DOZEN LINKS here, to SOME OF the BEST OPINIONS and ARITCLES AVAILABLE in the world today, regarding the American causes of this finanical crisis - and STILL Mr. Obama does not see cause to start ONE, NOT ONE finanical audit or investigation of these DOZENS of major companies, that are ALL literally CRUMBLING under the weight of their own FRAUD, greed, and CORRUPTION !!!
Inded, Mr. Obama has INVITED one of the major PLAYERS of the Citi BANKRUPTCY/meltdown into his own White House!!!

FINAL word: NOTHING we have said, detailed, documented, or linked above, was not either mentioned or alluded to in Frank Rich's masterpiece, "OBAMA's KATRINA MOMENT" op-ed from a week ago:
http://www.nytimes.com/2009/03/22/opinion/22rich.html
When, _8 short weeks_ into the young Obama administration, one of the two Obama supporters and token "LIBERAL" NYT columnist (the other Paul Krugman, who WAS an Obama supporter _until_ Obama's "economic plan" revealed itself to be the HENRLY PAULSON PLAN, partII) is comparing you to GEORGE W. BUSH's CRIMINAL DERELICTION of DUTY re the FLOODING and ABJECT, CRIMINAL FAILURE of federal disaster recovery efforts after New Orleans _federal_ dikes and levees gave way from post-Katrina rain, YOU KNOW you are CLOSE TO A BASKET CASE !!
======================================================

America’s liberals lay into Obama
By Edward Luce in Washington
Published: March 27 2009
http://www.ft.com/cms/s/0/963b81bc-1b1d-11de-8aa3-0000779fd2ac.html

The liberal backlash against President Barack Obama has begun with many prominent left-leaning economists in the US attacking the administration’s plans to bail out the banks.

Paul Krugman describes the toxic asset purchase plan as “cash for trash”. Jeffrey Sachs calls it “a thinly veiled attempt to transfer hundreds of billions of US taxpayer funds to the commercial banks”. Robert Reich depicts Tim Geithner, Treasury secretary, as a prisoner of Wall Street while Joe Stiglitz says the plan “amounts to robbery of the American people”.

EDITOR’S CHOICE
Bank chiefs hold peace talks with Obama - Mar-27Analysis: The onus of a bonus - Mar-27In depth: Obama’s first 100 days - Jan-20Geithner flags 'new rules to the game' - Mar-27Leaders urged to prevent bank witch-hunt - Mar-27On the blogosphere and beyond, Democratic economists accuse Mr Obama – along with Mr Geithner, and Lawrence Summers, the president’s senior economic adviser – of taking dictation from the same financiers who have brought the economy to the brink of depression.
(continued)

Obama Displays his "Majesty of Office" ARROGANCE: the LOOTING of BILLIONS of dollars of American wealth & Taxpayer Bailouts, "a matter of FASHION"?!

Could we even make this up?
While President Bush was often derided as
"the BUBBLE-BOY president," President Obama's current Chief of Staff, former "INVESTMENT BANKER" (aka "buy 'em out AND FIRE 'em! And PAY ME for the privilege!" LBO loan shark) RAHM EMANUEL has SUCH A DEATH-GRIP on who Mr. Obama does and does not see at the White House; that while MILLIONS of Americans KNOW that they have been DEFRAUDED of HUNDREDS of BILLIONS of dollars of wealth, savings, & investments - BEFORE the $700 billion _AND_ _EIGHT HUNDRED BILLION DOLLAR_ "BAILOUTS FOR BANKERS" Mr. Obama VOTED FOR and is NOW PUSHING, AGAIN! -

Mr. Obama SEES ONLY that that America's economic crisis is "An EXCESS... of FASHION" !!!!!!!!!

"Excess is out of fashion," Obama said, according to participants in the gathering.
[of BAILED OUT, if not BLATANTLY FRAUDULENT Big Bankers, at a White House meeting yesterday.]
http://www.washingtonpost.com/wp-dyn/content/article/2009/03/27/AR2009032703315.html

(The New York Times seconds their fellow Neo-Con press WP "fashion" meme, noting that the cherry blossoms are in bloom and repeating the happy "We're all in this together!" (Taxpayer VICTIM goldfish and PREDATORY BANKERS pirhanas in the same fish-tank typed of "together") sentence - NO LESS THAN THREE TIMES! - while also suggesting the notion that "EXECUTIVE PAY" is the ONLY real problem of Obama's "CONTINUE TO GIVE BILLIONS TO FRAUDULENT BANKERS" economic "plan." (aka "the GEITHNER PLAN," or what it really should be called, "The EMANUEL/Summers/RUBINS "GIVE BILLIONS _MORE_ Taxpayer Dollars to Goldman-Sachs & their fellow (loot, plunder, & steal) bankers' plan.")
http://www.nytimes.com/2009/03/28/business/economy/28bank.html

OBAMA CORRUPTION CONFIRMED: Goldman-Sachs "DOUBLE DIPPING" from BAILOUT BILLIONS - President Obama does not care, ENABLES by IGNORING!

President Barack OBAMA's CORRUPTION is now CONFIRMED:
Goldman-Sachs has, of course, been "DOUBLE DIPPING" from BAILOUT BILLIONS - but President Obama ENABLES this ROBBERY of AMERICAN TAXPAYERS, by STACKING his administration with GOLDMAN-SACHS RETREADS & other (close-to Goldman-Sachs)
"investment bankers"!

NOBEL PRIZE WINNING Economist JOSEPH STIGLITZ (EXCLUDED from the Obama White House by the RAHM EMANEUL-Robert Rubins-GOLDMAN-SACHS MAFIA) - goes FARTHER than (fellow Nobel Prize Winning) economist Paul Krugman did last week...
(Krugman's famous "DESPAIR" column - Mr. Krugman "IN DESPAIR" that the Obama/Geithner/Emanuel/Summers/GOLDMAN-SACHS "financial plan" is yet ANOTHER BILLIONS-of-taxpayer-dollars giveawy BAILOUT for CORRUPT, FRAUDULENT, UNDESERVING bankers... and that money, _on top of_ all the PREVIOUS bailout TRILLIONS, will ROB American taxpayers of the recovery they deserve)
http://krugman.blogs.nytimes.com/2009/03/21/despair-over-financial-policy/
This week, fellow Noble Prize winning economist ups the ante of Mr. Krugman's fears, Stiglitz OPENLY DECLARING that Obama's Plan (aka "the Geithner Plan" aka the "GOLDMAN-SACHS PLAN")

is __"ROBBING American taxpayers!__

(Note: this is a REUTERS, aka "MAINSTREAM MEDIA," headline & source!) -
STIGLITZ: "The Geithner plan will ROB American taxpayers" !!
http://www.mcclatchydc.com/226/story/64711.html

WORSE - (IF President Obama could get any WORSE than HELPING in the "ROBBING American Taxpayers"!) - is this story from the neo-con New York Times itself, stating that GOLDMAN-SACHS has been DOUBLE-DIPPING on BAILOUT BILLIONS - using AIG as a front-man patsy in at least several cases - AND PRESIDENT OBAMA does _NOT_ CARE!

This is participation in FRAUD & OBSTRUCTION OF JUSTICE!

President Obama - beholden to, OWNED BY his GOLDMAN SACH BANKERS (Rubins, Summers, Emanuel, & their toady Geithner) SIMPLY DOES NOT CARE _HOW MANY BILLIONS_ of TAXPAYER DOLLARS Goldman Sachs and the other big Wall Street FRAUD machines DEFRAUD American taxpayers, workers, pensioners, and investors of!
http://dealbook.blogs.nytimes.com/2009/03/26/cuomo-widens-his-aig-investigation/?hp
(note how the above NEO-CON New York Times article is COMPLICIT in the DEFRAUDING of America: the above link, titled "[NY Attorney General" Cuomo 'Widens his Investigation," is AMORPHOUS, vague, does NOT draw attention to the article that a MASSIVE FINANCIAL FRAUD story deserves, and SHOULB be titled, "GOLDMAN SACHS DOUBLE-DIPPING on BAILOUT BILLIONS".... and SHOULD be FRONT PAGE of the Times, in BLARING headlines!
But the TIMES, like the Neo-Con WASHINGTON POST, is "IN" on the LOOTING of American taxpayers, so this EXCELLENT article is BURIED in an abscure NY Tiimes "blog" page, with an obscure headline(WHAT THE HELL does "Widen" mean, if you weren't already predisposed to read the story?), in an on-line story which doesn't even start with normal NYTimes.com.... url!! )

President Obama's VAST, TRILLION-DOLLAR CORRUPTION: Acts as if AMERICAN TAXPAYERS have NO RIGHT to know where BAILOUT BILLIONS have gone!

Confronted by CNN reporter Ed Henry about the administration's BEING BLIND-SIDED by AIG awarding BONUS MILLIONS to executives who presided over catastrophe last year (the bankruptcy of AIG) - from TAXPAYER BILLIONS of Bailout dollars,
...instead of humbly acknowledging that HIS ADMINISTRATION HAD BEEN BLINDSIDED,
Mr. Obama GOES ON THE ATTACK - implying that the American public has NO right to know what his (the president's) Banker Friends are doing with those HUNDREDS of BILLIONS of TAXPAYER dollars!!

This is ARROGANCE bordering on GROSS POLITICAL/financial CORRUPTION - as this blog attempts to sketch the outlines of.
-----------------------------------------
Just 8 weeks into his presidency, President Obama, who campaigned as a modest, humble, Licolnian underdog "outsider" pledging "TRANSPARENCY" and to make EVERY ONE of his administration's (non-National Security) policies open & public - is now revealing a typical "Democrat in Power" Clinton/Gore/Kerry/Edwards arrogance, elitism, & aloofness, which, coupled with ONE TRILLION DOLLARS in BANK BAILOUTS Mr. Obama has PERSONALLY APPROVED since voting FOR the first Bush-PELOSI-PAULSON $700 billion bailout in September 2008 - Obama's arrogance now flirts with, or crosses over, the line of SHEER FRAUD, BRIBERY & CORRUPTION!

For the FLIP SIDE of President Obama's SNARKY reply to CNN's Ed Henry at the White House press conference last week - that he WOULD NOT COMMENT on the OUTRAGE of AIG BONUS MILLIONS (for executives who would be UNEMPLOYED were it not for BILLIONS of TAXPAYER DOLLARS of BAILOUTS) until "he knew what he was talking about" - is an OPEN ADMISSION that FIVE MONTHS after then-Senator Obama voted FOR the $700 BILLION in taxpayer Bailouts of FAILED banks,
...HE HAS _NO IDEA_ how the money is being spent, or used... or misused, or ABUSED!!

This is, needless to say, GROSS DERELICTION of his FIDUCIARY DUTIES to safeguard BILLIONS upon HUNDREDS OF BILLIONS of taxpayer dollars!

By comparison, former Vice President Cheney & former President Bush had to WORK HARD - create a few wars, bungle a few crisis, "accidentally loose" entire plan-loads of bundelled dollars in Iraq - just to send one or two extra billions of taxpayer dollars to _their_ CONTRACT CRONIES at Halliburton, Enron, Blackwater or even the major oil companies.
("Fifty billion dollars in taxpayer SUBSIDIES for Oil companies making HUNDREDS of BILLIONS in profits per year" were a big, though seldom mentioned, deal in those days.)

Today, President Obama acts as if the _TWO_ (2) SEVEN-HUNDRED BILLION and EIGHT HUNDRED BILLION dollar BAILOUTS that he, as Senator, PERSONALLY voted for (or as president wrote up and sent to Congress) are A PERSONAL SLUSH-FUND for him to DOLE OUT TO HIS BANKER FRIENDS as HE sees fit - NO oversight, much less audits, much less CRIMINAL AUDITS, of banks, hedge-funds, or financial institutions, that EVERYONE in America (EXCEPT for the President & his banking friends) KNOWS are RIFE with MASSIVE FRAUD !!

Note: Obama's TWO TOP ADVISORS, ROBERT RUBINS & TIM GEITHNER, PRESIDED OVER DISASTER last year!!
Rubins took $115 MILLION over 8 years in pay as an executive at Citi-group, only to watch his company DESCEND INTO BANKRUPTCY in 2008; while TIM GIETHNER was just one or two men down the Fed totem-pole from Fed Chairman BEN BERNANKE... who as Chairman of the Fed PRESIDED OVER THE MELTDOWN of the _ENTIRE_ US ECONOMY!!

WHERE THE HELL did Mr. Obama get the idea that THESE two GUYS were dishing out "good advice" ??!!

It is INSANE to take advice from two men who saw their respective charges SELF-DESTRUCT into FINANCIAL MELTDOWN, saved ONLY by BILLIONS of dollars extorted from hapless TAXPAYERS _FORCED_ to cough up billions of dollars to keep up the appearance of solvency!

#1, Washington Post reports: "There are BANKERS who have TAKEN BONUSES - from FAILED, BAILED-OUT banks - INSIDE the 2nd tiers of the Obama White House!
http://thecaucus.blogs.nytimes.com/2009/03/24/should-white-house-employees-keep-bonuses/
#2. Obama White House CHIEF of STAFF RAHM EMANUEL - made $18 MILLION dollars in just three years, parlaying his "Washington Democrat political insider" clout from being a top advisor to the Clinton White House in 1998.... into being an "investment banker" at the Chicago investment bank of Wasserstein-Perrella, which specialized in Mergers & Acquistions.... The type of deals where a taken-over company is forced to LAY OFF HALF of its workers and LOSE PENSION VALUE, to pay the LOANS, INTEREST, and BANKER FEES taken on by the Takeover company during the LBO (!everaged Buy Out) -
http://www.nytimes.com/2008/12/04/us/politics/04emanuel.html

#3. Here is an LA Times columnist Michael Hiltzik STATING THE OBVIOUS:
Americans should have "A DREAM TEAM to INVESTIGATE the Market Meltdowns"!
http://www.latimes.com/business/la-fi-hiltzik26-2009mar26,0,6909970.column
The FLIP-SIDE of this common sense - that American investors and taxpayers DESERVE INVESTIGATIONS after well over a TRILLION DOLLARS of investor equity, pension funds, home-equity values (not to mention jobs, benefits, and income) have VANISHED INTO THIN AIR over the past 12 months (NOT including nearly TWO TRILLION DOLLARS of BAILOUTS that President Obama has PERSONALLY approved since September of 2008)
- PRESIDENT OBAMA not only REFUSES to consider or implement such investigations, but he even SNARKILY DISSES New York Attorney Cuomo for issuing subpoenas to AIG and/or other corrupt financial companies!

President Obama is ENTIRELY BEHOLDEN to his BANKER ADVISERS - ROBERT RUBINS, LAWRENCE SUMMERS, Tim Geithner, and RAHM EMANUEL - and the lower levels of his White House are STACKED with other BANKERS and financial types, many of whom HAVE TAKEN BONUSES from TAXPAYER BAILED OUT banks!!

President Obama REFUSING to PROSECUTE what everyone knows is VAST FRAUD in the financial markets, is a GROTESQUE BETRAYAL of Mr. Obama's pledges to the American people.

And if he doesn't put up a HUGE WALL between BAILED OUT BANKS, and his OWN financial team, he will SOON come under suspicion, if not accusations, of CORRUPTION!

#5. Robert Scheer: Obama's TOXIC [Bankster] ADVISORS:
March 25, 2005 http://www.truthdig.com/report/item/20090325_obamas_toxic_advisers/
Scheer: "Like most Americans, I am eager for Barack Obama to succeed, but I see this appointment as further evidence that the president has entrusted his economic policy to the wrong people."
#6. David Sirota: Obama's top economic advisor Lawrence SUMMERS' "$5,000 per-person bank/financial executive CONFERENCE" - WITHIN the White House !! - "IS GROTESQUE!
http://www.openleft.com/showDiary.do?diaryId=12453
THESE ARE PEOPLE OPENLY BENEFITTING from BILLIONS of TAXPAYER BAILOUT dollars - and President Obama's top 2nd or 3rd economics advisor (just after ROBERT RUBINS, RAHM EMANUEL, and maybe TIM GEITHNER) is OPENLY SHAKING Bankers DOWN for $5,000 "contributions" to, literally, get a seat at the table!!

-------------------------------------
David Sirto asks in his on-line column:
<< Still angry at Dick Cheney's Secret Energy Task Force? Then I'm guessing you're not going to be happy with Larry' Summers' Secret Wall Street Briefings:

National Economic Adviser Larry Summers is conducting a private briefing at the White House Tuesday afternoon for about 100 financial industry executives attending a $5,000-a-head conference sponsored by the Wall Street Journal...The White House said the event is considered "closed press" and one in a series of briefings administration officials have been giving to financial market participants in recent days...

Is this what they meant by "the most open and transparent administration in history?" I'm sorry, but its possible nothing nefarious is going on here, but the image alone is just gross. At the very moment this White House is handing over tens of billions of dollars of taxpayer money to Wall Street, the administration is holding secret $5,000-a-head briefings with the titans of Wall Street. It's just gross. >>

#7. MATT TAIBBI, at Rolling Stone magazine, notices what the INSANELY ARROGANT President Obama PRETENDS not to notice: MASSIVE FRAUD and CORRUPTION in the AIG BAILOUTS and financial meltdown!
http://www.rollingstone.com/politics/story/26793903/the_big_takeover
"The [2008 market meltdown & 2009 financial] crisis was the coup de grâce: Given virtually free rein over the economy, these same [financial/hedge-fund/banking] insiders first wrecked the financial world, then CUNNINGLY GRANTED THEMSELVES NEARLY UNLIMITED EMERGENCY POWERS to clean up THEIR OWN MESS. [massive FRAUD!] And so the gambling-addict leaders of companies like AIG end up not penniless and in jail, but with an Alien-style DEATH-GRIP on the Treasury and the Federal Reserve — "our partners in the government," as [Government appointed AIG Chairman] Liddy put it with a shockingly casual matter-of-factness after the most recent bailout."

NEW! (we like to think we are ahead of the curve here!) -

#8. NOBEL PRIZE WINNER Dr. Joseph Stiglitz Says
"The Geithner Plan Amounts To BOBBERY Of The American People" !!!
Tuesday 24 March 2008
http://dailybail.com/home/nobel-laureate-dr-joseph-stiglitz-says-the-geithner-plan-amo.html

"Quite frankly, this amounts to robbery of the American people. I don't think it's going to work because I think there'll be a lot of anger about putting the losses so much on the shoulder of the American taxpayer."

OBAMA CORRUPTION: the President inadvertently ADMITS, on Leno Show, that THERE IS FRAUD in Bailouts - but HE PRETENDS NOT TO NOTICE !!

AT two-minutes into this video (part II of 3 in his appearance on the Jay Leno show last week), PRESIDENT Obama ADMITS: "MOST of the stuff that got us in trouble WAS LEGAL."

"MOST" Mr. President, IS NOT ALL!! YOU KNOW that there is FRAUD in those big banks' use of those BAILOUT BILLIONS, but you REFUSE to PROSECUTE A DIME of it!

(text Here- http://www.huffingtonpost.com/2009/03/20/what-obama-said-last-nigh_n_177401.html )
Indeed, in an display of sheer INSANE aloofness if not sheer arrogance, President Obama REFUSES TO RUN A SINGLE AUDIT, of a SINGLE bailed out bank - even though we, the taxpayers, NOW OWN _80%_ of AIG!!

Obama's being BLINDSIDED by AIG BONUSES, is a DIRECT RESULT of his _CRIMINAL NEGLIGENCE_ in REFUSING to DEMAND TOP-DOWN, BOTTOM-UP AUDITS of a company that he is now (in effect, as president of the United States), the CHAIRMAN of a WHOLLY OWNED SUBSIDIARY COMPANY of!
Mr. Obama, THREE TRILLION DOLLARS of TAXPAYER DOLLARS used to BOLSTER BANK BALANCE SHEETS, when the "BAILOUTS" were SOLD to Congress as a means to "BUY OUT TROUBLED ASSETS," - - - IS FRAUD!
NOW - FIVE MONTHS LATER, YOUR Treasury Secretary, Tim Geithner, is TAKING UP where BUSH's Treasury Secretary Left off - TELLING US he is going to use TAXPAYER BILLIONS to "BUY TROUBLED or "toxic" assets in order to "get credit flowing" by BAILING OUT FAILED BANKS - when the US Government could simply take those BILLIONS, and hand them to CREDIT UNIONS and other smaller banks, as loan GUARANTEES, and start credit flowing TODAY!
(Bush's Treasury Secretary, Hank Paulson, called his BAILOUT program when he requested $700 billion of the Pelosi Congress the "TROUBLED ASSETS RELIEF PROGRAM") - Now FIVE MONTHS LATER, President Obama ADMITS that NOT A DIME has been used to BUY OUT "TROUBLED ASSETS" as advertised!
THIS_IS_FRAUD, which is only the TIP of the ICEBERG of MASSIVE FRAUD, in the WIPING OUT of TRILLIONS of DOLLARS of taxpayer, citizen, worker, and investor savings - which on the Leno show Mr. Obama treats as the subject for a friendly laugh and shake of his head!

VAST BAILOUTS CORRUPTION: Congress, Senators TAKING BAILOUT KICBACK "donations" from the very FINANCIAL FRAUDSTERS they VOTED to GIVE BAILOUTS TO!

Caught with their hands in the TAXPAYER BAILOUT BILLIONS cookie jar: Dem STENY HOYER, left, and Repub ERIC CANTOR, right, getting KICKBACK DONATIONS from banks that they have voted to GIVE _TAXPAYER_ BAILOUT BILLIONS of dollars to!

FOLLOW the BAILOUT BILLIONS of TAXPAYER dollars:
http://www.newsweek.com/id/190363
Woo-Hoo!
Over at NEWSWEEK today, uber neo-con reporter MICHAEL ISIKOFF & Dina Fine Maron FINALLY get around to _THE STORY_ of America these past two DECADES.
THE story since the collapse of the Soviet Union and the "end of the Cold War" robbed America's media, political system, and Congress of a common, hyper-powerful enemy:
...and that story, of course, is the SUBMISSION or SUBSERVIENCE of the COMMON GOOD to the power of WEALTHY ELITES to BUY CONGRESS and CONTROL the political & media (press) system through CONTROL of the media and OPEN BRIBERY, aka "CAMPAIGN DONATIONS", ESPECIALLY the ability of LARGE FINANCIAL INSTITUTIONS to SEDUCE our elected Representatives and Senators, or to terrorizie them out of office by financing their opponents.

Today Mr. Isikoff & Ms. Maron point out what has been going on all along:
That Politicians hand out HUGE government CHECKS worth hundreds of millions of dollars, or deliver HUGE TAX CUTS to businesses and large finanical institutions, - IN RETURN FOR CAMPAIGN DONATIONS.

Only now that those CAMPAIGN DONATIONS COME FROM COMPANIES that WOULD BE IN BANKRUPTCY, were it not for Congress HANDING OUT
__HUNDREDS OF BILLIONS of taxpayer dollars....
...now even the MOST CLUELESS and COMPLICIT of neo-con reporters and their Imperial War-Party Authoritarian "news" organizations (really pro-big-business PROPAGANDA organizations, like the Washington Post and New York Times) can NO LONGER HIDE just how OBSCENE this process is.

http://www.newsweek.com/id/190363 << Other [BAILED OUT BANKS] are quietly DOLING OUT CASH TO SELECT MEMBERRS OF CONGRESS, PARICULARLY those WHO SERVE ON COMMITTEES THAT OVERSEE TARP [the BAILOUT Funds!]. In recent filings with the Federal Election Commission, the __political action committee for BANK of AMERICA__ (which got $15 BILLION in bailout money) sent out $24,500 in the first two months of 2009, including $1,500 to House Majority Leader STENY HOYER and another $15,000 TO MEMBERS of HOUSE and SENATE BANKING PANELS [!!]. CITIGROUP ($25 billion) DISHED OUT $29,620, including $2,500 to House GOPWhip ERIC CANTOR, who ALSO GOT $10,000 from UBS which, while not a TARP recipient, GOT $5 BILLION in BAILOUT FUNDS as an AIG "counterparty."

The cash flow [from BAILED OUT BANKS to BRIBE Senators & Congressmen\women] is already causing angst inside the Beltway.
House Democratic fundraisers have quietly passed the word that the party's campaign committee will __RESUME__ accepting them [BAILOUT DONATIONS] — but down the road, not right now. Said one fundraiser, who also requested anonymity, "These are treacherous waters." >>

** NOTE: Taxpayers must actually pay TWICE on the "MONEY" GIVEN to FAILED BANKS: first the bailout dollars themselves, and then the FINANCING, or INTEREST on those bailout billions!!
Because CONGRESS has ALLOWED the Bush administration to RACK UP TRILLION-DOLLAR DEFICITS over the past 8 years, the government MUST FIRST BORROW MONEY before it can GIVE IT AWAY!
So taxpayers must first pay off the "principle" on those BAILOUT BILLION.... AND THEN pay off INTEREST on them; to American and foreign BANKERS, for the PRIVILEGE of BAILING THEM OUT!

The Great Mr. Olbermann, at MSNBC's COUNTDOWN news show, details the process by which bank executives act as if they OWN America - and the VAST BAILOUTS CORRUPTION to which they feel ENTITLED. The only thing Olbermann doesn not quite mention is CONGRESS' ROLE in FACILITATING this vast, in-your-face CORRUPTION, ENTITLEMENT, and ABJECT FRAUD.

Obama SHIRKS his FIDUCIARY RESPONSIBILITY to American Taxpayers; provides NO oversight of Bailout BILLIONS. This is CRIMINAL NEGLIGENCE....

In our previous post, we declared President Obama to be politically NEGLIGENT, bordering on OUTRIGHT STUPIDITY, for doing NOTHING to INVESTIGATE the CRIMES and serial abuses of power of the Bush-Cheney administration.
Obama's ALOOF ARROGANCE and "HEAR NO evil, SEE _NO_ Evil, & for god's sake SPEAK NO EVIL!" INSISTENCE on doing NOTHING - REFUSAL to at least lay an outline or groundwork for POTENTIAL investigations into the SERIAL CRIMES of the Bush White House, has NO endearing "Sergeant Schultz" "I see nothing, nothing!" quality to it, and indeed has a element of CRUEL and RUTHLESS ARROGANCE, because, for example, Alabama then Democratic Governor Don Seigelman was ROBBED of his re-election win by a concerted Bush-Department of Justice relentless prosecution, and, after losing that election in 2002 (at the very height of the Bush-Cheney 'War on Terror" "unitary executive" DICTATORS presidential powers and Bush public approval ratings to politically support those "war president" powers), when former Governor Siegelman had the temerity to immediately start running for a new re-election bid, KARL ROVE had his friends in the Alabama US Attorney's Office drop the world on Siegelman head, - RAMRODDING Siegelman STRAIGHT TO PRISON - on trumped up charges in a hurry-up prosecution; a prosecution that ultimately convicted Siegelman of doing what the BUSH ADMINISTRATION DID IN SPADES: PUT BIG CAMPAIGN DONORS in government jobs and on industry oversight boards! Yes, Don Siegelman was _CONVICTED_ of "BRIBERY" for putting one of his campaign donors on the oversight board of an Alabama medical commission in a TRUMPED UP Karl Rove/George Bush/Dick Cheney LYNCH-MOB PROSECUTION, and President Obama, with ALL THE POWERS at his fingertips as the new PRESIDENT of the United States, PRETENDS NOT TO NOTICE!
(Note: Don Siegelman's lynch-mob prosecution, besides providing Americans with a modern example of a LYNCH-MOB PROSECUTION of the type that were so popular in the Deep South in the 1920s, also providdes a textbook example of ETHNIC CONFLICT 101; which posits that "IN TIMES OF CRISIS, people of ANY gang, tribe, race, religion, nation, or culture tend to wrap around THE MOST RADICAL and MILITANT leaders of that culture, tend to look on the potential foreign threat as "The Enemy," and tend to treat their own moderates and pacifists as outcasts if not criminals; and in the case of the majority of energetic, zealous such examples of a national or cultural group in crisis, the moderates are TREATED AS THE ENEMEY, as well, and either politically and socially (and financially) DESTROYED, or KILLED outright altogether." SLOBODAN MILOSOVIC first killing opposition and "moderate" SERBS, on the way to setting himself up as the attempted leader of Greater Serbia (and violently ETHNICALLY CLEANSING Croats, Bosnians, Albanian/Muslim Kosovars, and other minorities from Serbia with DEATH SQUADS in the post-Cold War self-destruction of Yugoslavia in 1992) the modern Text-book example of that trend, which also could be summed up in former German Luftwaffe commander AND GESTAPO Commander HERMAN GOERING's comments recorded by his American interrogater during Goering's war-crimes trial at Nuremberg in 1946 -

http://thinkexist.com/quotes/hermann_goering
"THE People CAN ALWAYS be brought to the bidding of the leaders [especially re pursuit of war, treating foreigners as enemies.] That is easy. ALL you have to do is to TELL THEM THEY ARE BEING ATTACKED, and DENOUNCE the PACIFISTS [and moderates] for lack of patriotism and exposing the country to danger. It works the same in any country.”

ABJECT STUPIDITY: By REFUSING to run CRIMINAL INVESTIGATIONS of Bush administration CRIMES, & BAILOUT FRAUD, PRESIDENT Obama EMPOWERS His ENEMIES.!!!

BY REFUSING to PROSECUTE FINANCIAL FRAUD, President Obama is ROBBING the American people (and ESPECIALLY his core democratic, progressives, and minority grass-roots supporters) of JUSTICE, and of the EXPOSITION of Right-Wing FINANCIAL CRIMINALITY that is NECESSARY to preserve America's Democracy:

On the campaign trail, former Senator Barak Obama PROMISED Americans ONE Thing: "CHANGE" from the way that the previous Bush-Cheney administration did business.

In perhaps the ultimate display of POLITICAL STUPIDITY we Americans have seen, in the TRULY CORE ISSUES of WAR and FINANCIAL CRISIS MANAGEMENT, not only does President Obama and his team present NO real "Change"..... but by OBSTRUCTING JUSTICE.... by REFUSING to run THOROUGH and Energetic INVESTIGATIONS of Cheney & Bush White House malfeasance and BLATANT FINANCIAL FRAUD in the handing out of BAILOUT BILLIONS... President Obama EMPOWERS HIS ENEMIES, with MILLIONS of dollars worth of Talking-Points and media PR spin; and, worse, with HUNDREDS OF MILLIONS OF DOLLARS of SLUSH-FUND DONATIONS, from the BIG FINANCIAL INSTITUTIONS who BENEFIT from taxpayer BAILOUT BILLIONS of dollars, and who STILL _DESPISE_ Regulations, and will happily hand over TEN PERCENT of a BILLION DOLLARS (that would be ONE HUNDRED MILLION DOLLARS) to their "DEREGULATION" political allies - IF it would guarantee them immunity from past crimes, and a future GRAVY-TRAIN of continued DEREGULATION and MORE Bailout Billions!
(That scenario - paying out 10% of your bailout billions in slush-fund KICKBACKS to your political allies, of course looks even more rational if the alternative is to face the fate of Bernie Madoff, who has been sentenced to the looming threat of serving an actual life sentence in prison.)

That is, by REFUSING to PROSECUTE FRAUD, Obama HANDS HIS POLITICAL ENEMIES TENS OF MILLIONS of DOLLARS of SLUSH-FUND KICK-BACK DONATIONS, AND gives the Right-Wing Republicans and their Right-Wing HATE-RADIO propaganda machine THE TALKING POINTS THEY NEED to take advantage of all those millions of dollars of Financial Industry "kickback" donations!

And the WORST part is... Obama is getting this "See NO Evil, HEAR NO Evil, SPEAK NO EVIL" of MASSIVE FINANCIAL FRAUD "advice" FROM _HIS OWN_ TEAM!!

This ABJECT POLITICAL STUPIDITY and TREACHERY makes Bill Clinton LYING about an affair LOOK LIKE SOLOMON's WISDOM by comparison!

President Obama simply, still, does NOT understand that the NEO-CONFEDERATE BUSHIES: Dick Cheney and George W. Bush and Tom DeLay and Bill Frist and Trent Lott and Jesse Helms and Strom Thurmond - are the JUNIOR Partners to the FORMERLY "LIBERAL" NEO-CONS, who, once the Arab 9-11 terrorist plots went down, revealed themselves to be Radical Right LIKUDNIKS, Neo-Cons every bit as POLICE-STATE and WAR-LUST HAPPY as the neo-Confederates, but FAR WEALTHIER, and BETTER organized!
note: in 1948, then Senator STROM THURMOND split from the Democratic Party - which in the Deep Southern states ever since the Civil War had been the Party of SEGREGATION and OPPOSITION to the Republican Party of (Civil War) President Abraham Lincoln - and in 1948 Mr. Thurmond ran for PRESIDENT on the _DIXIECRAT_ Party platform of "SEGREGATION TODAY, SEGREGATION TOMORROW, SEGREGATION FOREVER"!
In December of 2002, then Republican SENATE MAJORITY LEADER _TRENT LOTT_ infamously was caught on video praising Thurmond's "Dixiecrat" run for the White House, Lott saying at camera at Thurmond's 100 year old birthday party, "IF Senator Thurmond had won the presidency in 1948, A LOT OF PROBLEMS in America WOULD NEVER HAVE HAPPENED" - a CLEAR reference to Lott's preferences for the policies of OFFICIAL SEGREGATION, OFFICIAL Government-sponsored APARTHEID and a RULE OF POLICE-STATE TERROR against minority Americans deprived of their Civil & Constitutional Rights.
THAT is the "DIXIECRAT AGENDA" of the Modern Republican Party, no matter how much Mr. Bush and Mr. Cheney and Mr. Karl Rove applied the WINDOW-DRESSING of Black cabinet members, including then Secretary of State Colin Powell and National Security advisor Condi Rice. Secretary of State Powell was basically FIRED (led to resign) by Cheney and Bush, when Powell objected to the DEFENSE Department of DON RUMSFELD and ___PAUL WOLFOWITZ___ being giving world-wide PRIORITY OVER the State Department, in the formulation of America's overseas foreign relations. Since even by 2001 Secretary of War Don Rumsfeld was going batty as a fruitcake (his only real talent had ever been Republican Party infighting and back-stabbing), that means that uber-Neo-Con WARMONGER PAUL WOLFOWITZ was effectively RUNNING A HUGE PORTION of America's FOREIGN AFFAIRS. For her part, CONDI RICE was selected to be Bush & Cheney's "NATIONAL SECURITY ADVISOR" in 2001 despite the fact that she had NO insider (or even academic) knowledge of America's multi-trillion dollar Defense/intel/nat.security/counter-terror/law-enforcement apparatus, besides her role on several corporate boards (Chevron), and her academic field of specialty, Soviet cold-war politburo politics. Ms. Rice was basically promoted to replace Powell when Powell resigned from Secretary of State, for Rice's role as a "YES-MAN" ("Yes-woman"), Rice, WHILE _NATIONAL SECURITY ADVISOR_, had been SPECIFICALLY WARNED by then CIA DIRECTOR George Tenet that "AL QAIDA was in ADVANCED STAGES OF PLOTTING ATTACKS _IN AMERICA_, that they had TERROR CELLS ON THE GROUND _already in_ America - yet when Condi Rice informed President Bush and Vice President Cheney of Tenet's URGENT WARNING of JULY 10th, 2001,
http://www.nytimes.com/2006/10/03/washington/03rivals.html
she ACCEPTED her role as yes-woman, when Bush and Cheney DID NOTHING, NOTHING, NOTHING to ACT on those very simple, very urgent threats to American national security.... or the LIVES of potential terror-attack victims!


ALL of the Bush-Cheney WAR and POLICE-STATE powers after they did NOTHING to prevent the 9-11 attacks, were DESIGNED as part of the Neo-Con/neo-Confederate agenda to TAKE AMERICA BACK as CLOSE TO SLAVERY-BASED police-state kleptocratic, autocracy (one party dictatorship) & low-wages economy, as humanly, politically feasible.

THIS is the AGENDA that PRESIDENT OBAMA is NOW PROTECTING, by GOING ALONG WITH HIS NEO-CON "advisors", and RUNNING INTERFERENCE FOR the Financial Fraudsters BAILOUTS EXTORTION RACKET!

And of course Bush and Cheney WORKED HARD for EIGHT LONG YEARS to SKIM a few billion here, a few billion there, from TAXPAYER government funds, TO their ENRON, HALLIBURTON, KBR, and BLACKWATER (et al) cronies.

The above "WAR ON AMERICAN WAGES, and BLATANT "Deficit Spending = LOOTING of the US Treasury" policies having landed America right in the Bush-2 Recession, Bush & Cheney's TREASURY SECRETARY, _FORMER GOLDMAN-SACHS CHAIRMAN HANK PAULSON, was able to go to Congress and take the Cheney-Bush SHAKEDOWN RACKET ONE STEP HIGHER: Now Bush & Cheney and their administration would be DIRECTLY (not indirectly via "no bid," no-oversigth Halliburton contracts) SHAKING DOWN American taxpayers, for not tens-of-billions of dollars, but HUNDREDS OF BILLIONS OF DOLLARS, in 200-billion dollar chunks - a process NOW being REPEATED BY PRESIDENT OBAMA's TEAM, with NO, ZERO, NONE! _OVERSIGHT_ of all the PREVIOUS BILLIONS that have been handed to the Financial Extortion crew!

PRESIDENT OBAMA is NOW PARTY TO MASSIVE FINANCIAL FRAUD!

Mr. Obama has been SO COMPLETELY CO-OPTED by his EAST-COAST and CHICAGO Neo-Con "advisors," that he truly believes he can mount his "I'm a BI-PARTISAN Leader" Soap-Box, and make the American public FORGET about those TENS OF BILLIONS of TAXPAYER DOLLAR BAILOUTS!!

ALREADY - THREE SHORT MONTHS into the Obama administration - former vice-President Cheney is claiming attention, pronouncing that President Obama is WEAKENING AMERICA's NATIONAL SECURITY!
("Cheney warns that Obama policies risk 'catastrophic attack') -
http://rawstory.com/news/2008/Cheney_Hundreds_of_thousands_could_die_0204.html

By REFUSING to DEFANG Cheney with forcing him to TESTIFY UNDER OATH in Department of Justice INVESTIGATIONS into Cheney's WAR PROFITEERING,
http://www.bloggernews.net/119625
Obama is EMPOWERING his political enemy with MILLIONS of dollars worth of PR 'spin' TALKING POINTS!

And in HANDING TAXPAYER BAILLOUT BILLIONS to the Big Banksters and Financial Fraudsters who make BERNIE MADOFF look like a small-time carnival huckster, Obama is HANDING BILLIONS of dollars of SLUSH-FUND money, to the very Neo-Con bankers who are HELPING Bush, Cheney, and the neo-Confederate oil men PUSH the American economy into the CESSPIT of THIRD-WORLD BANANA REPUBLICA poverty wages, lost benefits, and LOOTED savings & pensions!!

(For more on the unholy alliance of Neo-Confederate oil-men and Neo-Conservative multi-billion-dollar bankers that Obama is NOW EMPOWERING - together whom comprise the foundation of the WAR-LOBBY, aka "The Military-Industrial-Finanical-Media & Government complex" see here -
http://www.amazon.com/Made-Texas-Southern-Takeover-American/dp/0465041213
ex: "While the WACO/CRAWFORD area [of Texas] is [historically AND TO THIS DAY, eg. he David Koresh inferno in 1993] Infamous for its VIOLENT RELIGIOUS FANATICS and SHOCKING LYNCHINGS..."
http://books.google.com/books?id=Ig63J-SveWUC&dq=Lind+made+in+Texas&printsec=frontcover&source=bl&ots=nNCoSiWCOc&sig=GrOn1WERKzKLKE4Ac53AbFmBhg4&hl=en&ei=eE--SaynEIeMtgeY1_T3Cw&sa=X&oi=book_result&resnum=2&ct=result#PPA21,M1

Obama - President Obama's own White House administration - is now running a PROTECTION RACKET for FRAUDULENT BANKERS....

President Obama has now had two months to define is agenda and policy outlook.

And, unfortunately, after spending an entire year pledging to lead an administration determined to "CHANGE!" America for the better; WHERE IT REALLY COUNTS: on FOREIGN POLICY, NATIONAL SECURITY POLICY, AND Economic/FINANCIAL policy; President Obama has DEFINED HIMSELF and his administration as A WHOLLY-OWNED SUBSIDIARY of the ISRAEL LOBBY....
In particular, the RADICAL-RIGHT LIKUDNIK "Greater Israel to the banks of Euphrates" wing of Israel politics that were DIRECTLY RESPONSIBLE, in FOMENTING HATE RHETORIC, for the ASSASSINATION of Prime Minister Rabin.

The complete documentation of the AIPAC, PNAC, Likudnik WAR-MONGERS & FINANCIAL-FLIM-FLAM STRANGLEHOLD on the Democratic Party would take a dozen volumes to detail in anything close to comprehensive detail, but a swift outline can be drawn simply by naming names of high officials in the "Democratic" (NOT!) Congress and Obama White House.
Another indiction is how thoroughly former President Jimmy Carter was EXCLUDED from official "Democratic" Washington during the past 8 years....

EVEN THOUGH it was CARTER'S Camp David PEACE PLAN which gave BILL CLINTON and America the platform President Clinton & his administration needed to win the favor and high esteem with which they are held in Israel even today.... NINE LONG YEARS into the PNAC Neo-Con LIKUDNIK NIGHTMARE that was the Bush-Cheney-Rumsfeld-Wolfowitz-Perle-Feith-Fleischer-Chertoff-Mukasey-Paulson Administation....
HALF of those above names having DUAL CITIZENSHIP with a foreign country despite representing America's "leadership" !!

Indeed, Bush Treasury Secretary HANK PAULSON, while not having dual citizenship with a foreign country, is the perfect icon of the SUBORDINATION of AMERICA's ENTIRE ECONOMY to the UNHOLY ALLIANCE of Likudnik "Neo-Conservatives" with oil- and Resource-extraction barons who have for centuries sought to KEEP LABOR as CHEAP AS HUMANLY POSSIBLE -including of course a 350-year legacy of SLAVERY in the New World to fuel the consumption appetites of first "Old World" Europe, and then America's own autocratic, would-be aristorcratic slave-masters and industrialists.

We will start to spell out the process whereby President Obama has made himself entirely subservient to his own GOLDMAN-SACHS economic team, from Emanuel to Rubins to Summers to Geithner, and to Geithner's Chief of Staff, the current #2 at Treasury, FORMER GOLDMAN-SACHS LOBBYIST ______ ______!

IN REFUSING TO RUN INTENSIVE INVESTIGATIONS of FINANCIAL FRAUD that have taken place over the past dozen years, President Obama is DENYING JUSTICE for TENS OF THOUSANDS of DEFRAUDED AMERICANS.... He is RUNNING A PROTECTION RACKET for those guilty of INTENTIONALLY USING BILLIONS of govt/fed dollars to "PUMP" the market, so savvy executives could CASH IN on INFLATED PROFITS at the expense of the life's savings for thousands (if not millions) of Working Americans.

Olbermann's "Countdown" news show, in 5 min. video clip, OUTLINES CAUSES of ECONOMIC CRISS better than 1,000 pages of "business reporting"

Visit msnbc.com for Breaking News, World News, and News about the Economy

In a 5:43 minute video clip, Keith Olbermann's "Countdown" news show outlines the causes of America's economic crisis better than 1,000 pages of lying New York Times, Washington Post, or even "business" magazines "news" tripe.
TO begin with, Olbermann notes that WALL STREET and the US financial corporations have spent FIVE BILLION DOLLARS "influencing" Congress and US lawmakers over that past 10 years...
needless to say, these are LEGALIZED BRIBES, that ALLOWED top executives of those financial companies to LOOT, not only their own companies, but the PENSIONS, SAVINGS, wages, benefits, and investments of TENS of THOUSANDS of Americans... leading directly to this economic crisis.
The only thing that Olbermann doesn't quite spell out, is just how in-bed "DEMOCRATIC" leaders & politicians - including the OBAMA administration - are with this process. (See our previous post.)

ECONOMY is WORSE than we previously suspected: George Bush, Dick Cheney, and the Likudnik Neo-Cons have turned America into a slave-wages plantation

http://tbm.thebigmoney.com/features/todays-business-press/2009/02/28/its-worse-we-thought#
Just as author Lind laid out in his detailing the UNHOLY ALLIANCE against the America of HIGH WAGES and UPWARD MOBILITY that we have come to know and take for granted over the past 5 decades, in two decades flat the Bush-Cheney-GOP-Likudnik party has SOAKED Americans with TRILLIONS of dollars of DEBT, DEFICITS, and TAXPAYER BAILOUTS for the top-1% _RULER_ class....