Mar 07 2009

This Is The Story Of American Corruption

Published by at 2:04 pm under All General Discussions

Doug Ross lays out a devastating story line of why we are where we are. A small snippet:

These are Democratic operatives Franklin Raines, Jamie Gorelick and Jim Johnson, the executive management team of Fannie Mae, all of whom were awarded positions after loyal service in the Clinton administration.

These are the pay packages the Democrats awarded themselves, through undeserved bonuses, immense salaries and incentive payments, all based upon pushing huge numbers of subprime loans through Fannie Mae.

13 responses so far

13 Responses to “This Is The Story Of American Corruption”

  1. scaulen says:

    Jamie Gorelick shows up in another scandal of epic proportions???

  2. crosspatch says:

    It is worse than just the financial advisers. It is the entire “moronic convergence” that is going on in DC. Obama has so far been brilliant in bringing in politically connected but utterly incompetent people to run our government. He has selected what appears to be the worst possible team across the board. What are Hillary Clinton’s qualifications for Secretary of State aside that she is politically connected? Condi Rice could read, write, and speak Russian and knew Russian history inside and out. She would have never made such a mistake with the “overcharge” button because she would have been able to read it herself. Heck, she read War and Peace three times … in the Russian. Hillary is a bumpkin compared to Rice. Hillary is not even a academic in world history, international relations, or anything aside from Intellectual Property law.

    The scope of the incompetence in this administration is staggering. It is as if he has intentionally selected a team that would perform as badly as possible or maybe he wants people he thinks are dumber than him, I have no idea.

    The array of stupidity in this administration is breathtaking.

  3. crosspatch says:

    It looks like it is starting to become “cool” (or at least OK) to be critical of Obama now in both conversation and in the media. The trend in Strongly Disapprove” in Rasmussen’s polls has now reached 30% … in increase from 10% in only two months. It still looks like those trends will cross and “Strongly Disapprove” will meet “Strongly Approve” in about two weeks time if the trends hold up. Sooner if the “Strongly Approve” kool-aid drinkers begin to weaken their support.

    I was at a dinner party last night and there wasn’t a single statement about Obama that didn’t start with “Well, I want him to succeed, but …”

    He has been President so far for the better part of a business quarter and still hasn’t clearly articulated his plans for “change”. Businesses are not going to spend a dime until they know what the rules are going to be going forward.

  4. crosspatch says:

    Uh, oh

    Sources close to the White House say Mr Obama and his staff have been “overwhelmed” by the economic meltdown and have voiced concerns that the new president is not getting enough rest.

    British officials, meanwhile, admit that the White House and US State Department staff were utterly bemused by complaints that the Prime Minister should have been granted full-blown press conference and a formal dinner, as has been customary. They concede that Obama aides seemed unfamiliar with the expectations that surround a major visit by a British prime minister. …

    Now if I were an enemy of the US and I read that … I think I would think that this was the perfect moment to cause Obama to lose a little more sleep.

  5. ivehadit says:

    And Cross, we know that whole “not getting enough sleep” is a big SCAM! What, too much EARTH, WIND, AND FIRE for them? Or indigestion from the $100/lb steak?

    Puhleese, these people are so dishonest, it’s just pathetic, imho.

    I mean, is the guy not up to the job? George Bush had it MUCH WORSE than this on his watch. The entire stock market had to be shut down for what, 4 days, not to mention a HUGE threat 24/7 directly after the 9/11 attack.


  6. I R A Darth Aggie says:

    Where’s Barney Frank when you need him?

  7. Mike M. says:

    Barney Frank? No.

    Judge Roy Bean. And about a mile of rope.

  8. WWS says:

    How could he not be getting enough sleep? HE DOESN”T MAKE ANY DECISIONS!!! He just farms everything out to one political flunkie or another!!!

    This administration is collapsing, it’s a damn shame that the economy has to collapse for 4 years along with it.

  9. Redteam says:

    That bump on his head entering Marine One must have been more severe than we knew. Seems as if he could have hired a ‘chief of protocol’, oh, I guess maybe there wasn’t one available that was a tax cheat or just plain crook. gotta be careful to only surround himself with crooks/scam guys. I’m sure when he gets to his bedroom he has to listen to those ” aren’t you really proud to be an American, for the first time” speeches. I guess I wouldn’t be able to sleep well either.

    WWS, the admin is collapsing? that implies it started ‘uncollapsed’ strong assumption….

  10. momdear1 says:

    He’s not getting enough sleep because he is partying all night and those must really be some parties. Michelle is reported to have invited guest to smash White House porperty.

    His appointments are not incompetents. they are all crooks and tax cheats who know how to rip off the govt. and get away with it. They are fully qualified to do what he wants done. They are systematically looting the treasury and the Dem Congress is aiding and abetting. They are all probably getting their cut but Obama and his insiders are surely living up to expectations of his African ancestry. Like Idi Amin, Robert Mgawbe, and other African rulers before him have done , he will leave the country bankrupct and on it’s knees, while he stashes his billions in foreign bank accts. We will be lucky if we aren’t in as bad a mess as Zimbabwe by the time he leaves office.

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