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« Chris Whalen: 'Jamie Dimon Not So Brilliant After All' | Main | CNN Poll: 'Obama Got His Ass Kicked By Historic Margin' »

Big Bird Reacts To Romney's Threat To Cut PBS Funding

Here's the first of several highlight clips from last night's Obamney 2012 debate. 

More debate clips are here...


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Reader Comments (7)

Oct 4, 2012 at 1:15 PM | Registered CommenterDailyBail
This is the sixth year Melissa Cruson and her husband Glenn have built an elaborate display for Halloween. And this year they decided to include what they called a political and financial circus.

Caught in a giant spider web strung between two trees are likenesses of President Barack Obama and Vice President Joe Biden. Biden is wearing a clown suit and Obama has a red nose and large bow tie.

Signs with national debt numbers are posted around the web. Mitt Romney appears on the back of a giant spider. He’s the man the Crusons say they hope can lead the nation out of the political and financial circus they are trying to portray.

Oct 4, 2012 at 3:08 PM | Registered CommenterDailyBail
A uniform-free “dress-down” day at Charles Carroll High School in Port Richmond turned into a public dressing down for a student who chose to wear a pink T-shirt supporting Mitt Romney for president.

Oct 4, 2012 at 3:08 PM | Registered CommenterDailyBail
I will say that I liked Romney's line about China.

I think it was probably the best line in the entire circus show.
Oct 4, 2012 at 3:10 PM | Registered CommenterDailyBail
lol bye big bird

It was the greatest show in town DB with Obama playing the head clown and romney the african lion tamer. When does the Statute of Limitations run out for Criminal Convictions of the bankers?

Will Bankers Ever Go to Jail? 10 Questions Answered

So if Schneiderman is successful, is Jamie Dimon getting frog-marched to Rikers?


Why not?

Even though some analysts believe JPMorgan could end up paying up to $3 billion in a settlement (the suit identifies $22.5 billion in losses from rotten mortgage-backed securities), Schneiderman’s complaint doesn’t identify any particular bad actor at Bear Stearns.

In announcing the suit Tuesday, Schneiderman said, “It would be tough for us to bring criminal charges, which is why we’re bringing a broad civil complaint.”

That’s partly because of the law Schneiderman used: the Martin Act, a New York state law that requires a lower standard for fraud claims, has a five-year statute of limitations for criminal charges, but six years for civil charges. Since much of the activity described in the suit happened before 2007, the statute of limitations precluded a criminal prosecution.

But past civil suits against entire banks have disappointed activists who want to see robust punishments for the bankers at the heart of the subprime mortgage boom.

For instance, in settling civil charges over its failure to disclose a hedge fund’s role in designing mortgage securities, Goldman Sachs paid $550 million—a drop in the bucket compared with their 2011 profits of $4.4 billion.

Even when the government does go after individuals, it’s not easy to win.

When the SEC sued Brian Stoker, a Citigroup executive, for allegedly not disclosing that Citigroup had bet against a mortgage security it was selling to investors, the jury found in Stoker’s favor, even though it subsequently issued a statement that said, “This verdict should not deter the S.E.C. from investigating the financial industry.”

(The SEC was basically forced into bringing the charges against Stoker, since a federal judge rejected its original $285 million settlement with Citigroup.)

Will anyone go to jail, ever?

Not from this case. But the suit could be a model for similar cases in the future. As Schneiderman said in a statement, “This is a workable template for future actions against issuers of residential mortgage-backed securities that defrauded investors and cost millions of Americans their homes.”

Wait, so the head of a task force whose specific mandate is to prosecute people for the actions that lead to the financial crisis isn’t even trying to put anyone behind bars?

What do you want me to say?

in full

Wow imagine that obama made sure none of his bankster pals would spend time in the slammer!!!!!!!!

Jamie the Greek Dimon is his favorite banker they go back to Chi town and obviously obama's good at doing business like a Chicago Thug


Now you know why Barack’s Wall Street Problem is Now America’s


Why Romney Should Attack One of Obama’s Greatest Political Vulnerabilities

Why has President Obama so far avoided responsibility for one of the most notorious failures of his administration, deciding not to pursue potential Wall Street crimes? Because Obama’s negative ads – and Mitt Romney’s own foibles — have successfully defined Romney as the candidate for the 1 percent. A recent Esquire/Yahoo! News poll shows that 58 percent think Romney would pursue policies that favor the wealthy, while just 23 percent say the same about Obama.

In reality, the willful failure of the Obama administration to investigate Wall Street executives is the political issue that should most frighten the Obama campaign – and I have little doubt it was the prime motivation for the unusual timing of the filing yesterday of a case against JPMorgan/Bear Stearns by New York State Attorney General Eric Schneiderman. Ignoring potential criminal wrongdoing by his largest 2008 campaign donors discredits the Obama message across the board: He hasn’t always fought the 1% on behalf of the 99%, and he’s the main reason Wall Street plays by different rules than Main Street. If an already dispirited Obama base – those who by the millions originally sympathized with the anger that drove the Occupy Wall Street movement – were constantly reminded by the Romney campaign of this odious Obama failure, some of them might stay home in November. And it might be a tipping point for independents. A recent Labaton Sucharow survey found that 61% of Americans will significantly factor a candidate’s commitment to rooting out corporate wrongdoing in their voting decision in November.

Read more at http://www.nakedcapitalism.com/2012/10/jeff-connaughton-why-romney-should-attack-one-of-obamas-greatest-political-vulnerabilities.html#3LHxaKlSG53QrFKO.99
Oct 4, 2012 at 8:36 PM | Unregistered CommenterLadyLiberty
Big Bird makes more money than Mitt Romney, but is still on the government dole.

Oct 5, 2012 at 10:56 AM | Unregistered CommenterLadyLiberty
Good link, thanks LL.
Oct 9, 2012 at 2:59 AM | Registered CommenterDailyBail

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