Frank Rich's first piece at the New Yorker after years at the NYT's is called "Obama's original sin". It's a long read but informative and interesting. Mr. Rich describes how Obama has surrounded himself with the elite CEO's and bankers of Wall street. From the compromised Larry Summers to the inept Geithner and worst of all Jeffrey Immelt the CEO of GE to head his "jobs commission". In a little over 2 years Obama has gone from champion of the common man to elitist out of touch friend of the big banks and welfare queen corporations. What is amazing is that he is despised by wallstreet and the republicans but he still carries their laundry. Mr. Rich points to Obama's main problem in this paragraph:
"what haunts the Obama administration is what still haunts the country: the stunning lack of accountability for the greed and misdeeds that brought America to its gravest financial crisis since the Great Depression. There has been no legal, moral, or financial reckoning for the most powerful wrongdoers. Nor have there been meaningful reforms that might prevent a repeat catastrophe. Time may heal most wounds, but not these. Chronic unemployment remains a constant, painful reminder of the havoc inflicted on the bust’s innocent victims."
Image via Wikipedia
Where are the prosecutions? Last year the Obama administration deported 393,000 illegal immigrants and 0 bankers. Eric Holder is as out of touch and inept as Tim Geithner.[1.] Not a single wall street banker involved in the financial crash has been prosecuted. Holder backed down on prosecuting terrorists in New York's civil courts, he has done nothing about the torture issues and he and Obama have broken their promise to let the states handle the medical marijuana problem. Eric Holder, keeping our nation safe by bravely pursuing cases against pot smoking cancer patients and 16 year old kids. I'm not sure which is worse; not knowing the difference between right and wrong like Bush, Mukasey and Gonzales demonstrated or knowing the difference and lacking the intestinal fortitude to carry through on the correct course of action like Obama and Holder.
A continuing and pathetic theme in the Obama administration has been "looking forward not back". By "looking forward" there would be no messy investigations of the Bush administration and torture, or the lies which led to the invasion of Iraq. The Obama administration hopes that they can apply the same strategy to the wall street crash and bailout. It's not working, and will not as long as 14 million Americans are not working.
[1.] Be sure and visit the treasury website where you can download a HIGH RESOLUTION photo of the aristocratic, blueblooded and effete secretary of the treasurer: the incompetent but arrogant Tim Geithner. Unfortunately, millions of Americans who can no longer afford high speed internet (or internet at all) with have to be content with a low resolution photo of our "*****" treasury secretary.
Jeffrey Immelt heads Job's Commission?
Jeffrey Immelt: no patriot
"what haunts the Obama administration is what still haunts the country: the stunning lack of accountability for the greed and misdeeds that brought America to its gravest financial crisis since the Great Depression. There has been no legal, moral, or financial reckoning for the most powerful wrongdoers. Nor have there been meaningful reforms that might prevent a repeat catastrophe. Time may heal most wounds, but not these. Chronic unemployment remains a constant, painful reminder of the havoc inflicted on the bust’s innocent victims."
Image via WikipediaWhere are the prosecutions? Last year the Obama administration deported 393,000 illegal immigrants and 0 bankers. Eric Holder is as out of touch and inept as Tim Geithner.[1.] Not a single wall street banker involved in the financial crash has been prosecuted. Holder backed down on prosecuting terrorists in New York's civil courts, he has done nothing about the torture issues and he and Obama have broken their promise to let the states handle the medical marijuana problem. Eric Holder, keeping our nation safe by bravely pursuing cases against pot smoking cancer patients and 16 year old kids. I'm not sure which is worse; not knowing the difference between right and wrong like Bush, Mukasey and Gonzales demonstrated or knowing the difference and lacking the intestinal fortitude to carry through on the correct course of action like Obama and Holder.
A continuing and pathetic theme in the Obama administration has been "looking forward not back". By "looking forward" there would be no messy investigations of the Bush administration and torture, or the lies which led to the invasion of Iraq. The Obama administration hopes that they can apply the same strategy to the wall street crash and bailout. It's not working, and will not as long as 14 million Americans are not working.
[1.] Be sure and visit the treasury website where you can download a HIGH RESOLUTION photo of the aristocratic, blueblooded and effete secretary of the treasurer: the incompetent but arrogant Tim Geithner. Unfortunately, millions of Americans who can no longer afford high speed internet (or internet at all) with have to be content with a low resolution photo of our "*****" treasury secretary.
Jeffrey Immelt heads Job's Commission?
Jeffrey Immelt: no patriot
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