Skip to comments.Obama’s Original Sin
Posted on 07/08/2011 8:21:09 PM PDT by Beave Meister
The presidents failure to demand a reckoning from the moneyed interests who brought the economy down has cursed his first term, and could prevent a second.
fter 9/11, Rudy Giuliani went on Saturday Night Live to give New Yorkers permission to laugh again. But Mayor Bloomberg never did tell us when we could resume conspicuous consumption after the crash of 2008. And so, as we stumble through the second year of the official recovery, its been an improvisational return to high-end carousing in Manhattan.
A case in point was the late-May celebration of the centennial rededication of the New York Public Library. Surely no civic institution could be a more unimpeachable beard for a blowout. The dress codeno black tiewas egalitarian. The Abyssinian Baptist Church Gospel Choir, the New York City Gay Mens Chorus, and that cute chorus from P.S. 22 in Staten IslandGlee diversity on steroidswere in the house along with some 900 invited guests, marquee names included (Toni Morrison, Jonathan Franzen). Bloomberg delivered a pre-dinner benediction from an altarlike perch on the main reading rooms balcony. Free and open access to information may be the single most important component of any democratic society, he said.
(Excerpt) Read more at nymag.com ...
“...moneyed interests that brought the economy down” like Barney Frank and Chris Dodd?
Like Freddy Mac and Fanny Mae?
Obamas Original Sin?
There are so mny, how does one sift through them all to find the original?
Of course not. They're the ones who paid to put him there.
The banksters made a deal with the devil’s minion, BJ Clinton.
Bammy would never point his finger at the liberal race pimps. Only Demonrats could come up with the idea to award loans based on race quotas!
What a twisted web. Obama was the national legal trainer for the Association of Community Organizations for Reform Now. They worked with HUD, Justice Department, Freddie and Fannie to pressure anks into making mortgage loans to unqualified, mostly minority people. Acorn would find and bring in the people as well as making the threats of racism if loans were not approved. They were so successful that over half (estimated 27 out of 55 million) of the mortgages in the US were sbprime. Some banks were working so hard to please the leftists in these administrations that they came up with a new class of loans called NINJA loans (No Income, No job or Assets). Obama was the pusher in the mortgage crisis.
Barney Frank: “Dodd is my co-pirate.”
I couldn't read further. Isn't it instructive that liberalism has to resort to false premises to prop up it's tenuous foundation? We are witnessing the whole house of cards beginning to teeter, and soon it will fall.
It’s just the latest meme, a segue from “Bush’s Fault.” It is another version of “Republicans favor the rich while Democrats favor the *working (union) guy*.
It works for them, as well.