THE GRAND ILLUSION: Deficit Obankster Continues Lying, Makes The Populist Case For Wall Street Reform (WATCH)
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Video: Obama on Wall Street Reform -- May 15, 2010
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Nothing groundbreaking here. The Deficit President on display with meaningless words written for him, like all Presidents. Brings up a few questions, though.
If Obankster is really for Wall Street reform, then answer the following:
- Why are Geithner, Summers and Bernanke still around?
- Why did you fight aggressively behind the scenes to destroy the Kaufman-Brown amendment that would have ended too-big-to-fail banks forever?
- Why are you fighting aggressively to defeat Blanche Lincoln's Section 106 on derivatives reform?
- Why did you fight aggressively to defeat and then weaken an audit of the Federal Reserve in the House and the Senate, even though an overwhelming majority (75%) of taxpayers supported it?
The answer is simple -- you are lying to the American people for political advantage.
Why haven't you ever mentioned publicly that Goldman Sachs was your largest campaign contributor? Essentially the same answer:
- Because you are withholding information from the American people for political advantage.
The key phrase above, which could have been used for every example, is 'behind the scenes.' Obama like Clinton and Bush before him, operates in a world of political half-truths.
- "Say that you support Wall Street reform, then fight it behind the scenes. No one is paying attention to the details, so if you stick to the talking points, our polling shows the people will support you."
I have to stop writing. I'm getting too angry. Piss off Deficit President.
You're the same rat who lived at 1600 Pennsylvania from 2000-2008, only you're more smooth and more svelte, spending dollars that belong to our children, while you drive the Federal Train to Bankruptcy.
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(Screenshot)
May 18, 2010 at 1:07 PM
Reader Comments (15)
http://www.reuters.com/article/idUSTRE64B50I20100515
I just don't understand how anyone who doesn't support meaningful Wall Street reform can show their face in public. I can't help but think that the MSM helps cloud this issue because if people really knew what was going on, there would be more outrage. Of course, it has helped that Obama waited so long to deal with this rather than when he should have- as soon as he got into office.
Well, this will bite him in the ass because Elizabeth Warren is right and he is wrong. I just hope more taxpayers don't have to pay the price for this object lesson.
PLEASE try to avoid posting close-up pictures of Mobamba's face. I keep PUNCHING MY COMPUTER SCREEN whenever I see it.
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@ Corp. Criminals...
Actually he's still strongly behind the CFPA and makes a point in the clip to lobby for it...
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@ Gomp..this is my greatest fear as well...and we have already seen a taste of how the Republicans will govern if they take Congress while witnessing the battle over wall street reform...the republicans are playing fast and loose and fighting it all the way...
Both parties are owned by Wall Street but the reform battle is showing that the Republicans have not changed...so if they fail to rein in spending, all hell is going to break loose...
The antichrist comes from somewhere else.
Yes. 200 West Street in NYC, to be precise..
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Hey Zara, after you STFU, did you hear that Barry owns a tax-free muni fund that holds....(wait for it)...Hawaiian muni bonds. WTF??? Is he just stupid, or is he committing some kind of tax fraud? Weird. The only reason you own single-state muni funds (as far as I know) is for the tax benefits, but those apply only if you live in the state.