Skip to comments.Rolling Stone: Waah, Obama sold us out
Posted on 12/12/2009 8:26:04 PM PST by dano1
There comes a moment in politics when the blinders fall off the supporters of the other guy and they discover what you have known all along: Hes a fraud.
The blinders just fell off Matt Taibbi, a writer for Rolling Stone magazine.
He just now noticed that while 26% of the money Barack Obama raised came from small donors, nearly 3 times as much came from big donors, who ponied up a half billion bucks.
Where the 26% saw Hope and Change, the 74% saw Invest and Collect.
Wrote Taibbi: Whats taken place in the year since Obama won the presidency has turned out to be one of the most dramatic political about-faces in our history. Elected in the midst of a crushing economic crisis brought on by a decade of orgiastic deregulation and unchecked greed, Obama had a clear mandate to rein in Wall Street and remake the entire structure of the American economy. What he did instead was ship even his most marginally progressive campaign advisers off to various bureaucratic Siberias, while packing the key economic positions in his White House with the very people who caused the crisis in the first place. This new team of bubble-fattened ex-bankers and laissez-faire intellectuals then proceeded to sell us all out, instituting a massive, trickle-up bailout and systematically gutting regulatory reform from the inside.
What was not to figure out?
Where is that stimulus money going?
Who benefits the most from Obamanomics?
The two richest men in America Bill Gates and Warren Buffett signed up early. So did George Soros.
You think they give a damn about health care?
It is a pretty good piece that shows Citigroup was behind the $700 billion TARP (Tax Cheat Tim Geithner made a nice patsy).
Geithner, in other words, is hired to head the U.S. Treasury by an executive from Citigroup Michael Froman before the ink is even dry on a massive government giveaway to Citigroup that Geithner himself was instrumental in delivering. In the annals of brazen political swindles, this one has to go in the all-time [Expletive]-the-Optics Hall of Fame, Taibbi wrote.
It never ever occurred to Obamas supporters that he was backed by the very bankers, Wall Street insiders and lobbyists that he denounced on the campaign trail.
Of course it goes beyond all that. The Democratic Party has become the party of bankers. Barney Frank, Christopher Dodd, Maxine Waters the list goes on all have ties to bankers who got bailouts. My God at one point, Taibbi cited Pete Kanjorski who earmarked millions to a family business as a reformer.
What is funny is that for all his pretensions of populism, Taibbi saved his best jabs for the one group of people whpo are truly populist, writing: A year to the day after Obama named Michael Froman to his transition team, his political opposition has descended upon the city. Republican teabaggers from all 50 states have showed up, a vast horde of frowning, pissed-off middle-aged white people with their idiot placards in hand, ready to do cultural battle. They are here to protest Obamas socialist health care bill you know, the one that even a bloodsucking capitalist interest group like Big Pharma spent $150 million to get passed.
These teabaggers dont know that, however. All they know is that a big government program might end up using tax dollars to pay the medical bills of rapidly breeding Dominican immigrants. So they hate it
After 5 takes of complaining how he was fooled, in the 6th and final take he dared to call the Tea Party crowd fools for not being as savvy as he.
Guess what? By and large, they did not vote for this guy. Taibbi did.
To lower myself to terms Taibbi would understand, better a tea bag than a douchebag.
9 years after I voted to elect him and 5 years after I vote to re-elect George Walker Bush, Im still pleased. He made some mistakes (McCain-Feingold) and he left office pretty much the least liked two-term president ever.
But he did the right thing.
Whats most troubling is that we dont know if Obama has changed, or if the influence of Wall Street is simply a fundamental and ineradicable element of our electoral system. What we do know is that Barack Obama pulled a bait-and-switch on us. If it were any other politician, we wouldnt be surprised. Maybe its our fault, for thinking he was different, Taibbi wrote.
Nope. Obama was the exception. Bush did not sell me out, his father didnt sell me out, Reagan didnt sell me out, Carter didnt sell me out and Ford didnt sell me out. For all his corruption, even Bill Clinton did not sell out his supporters; he simply failed to deliver.
Nice job, 53%. Dont worry. The 47% will fix the errors of your ways in 2010 and 2012.
What happens next?
YOU AND THE REST OF THE LAMESTREAM MEDIA SOLD US OUT ROLLING STONE!
ROT IN HELL!
LOL. Well he is right. Very right.
The Styrofoam pillar man.
Rolling Stone(d) proclaimed John Edwards The Real Liberal and gushed about what a great President he would be. Even before the cheating-on-his-terminally-ill-wife scandal, I could tell he was a fraud. Great source of political info.
Wonder if this guy is related to Mike Taibbi of Ch 5 Boston
More like poor zombie. I tried like hell to tell people about this idiot, and nobody would listen. They were too busy reading crap from people like this moron that’s now crying.
Rolling Stoned have been rolling stupid. Are the drugs wearing off? Not to worry stoners...just transition to the viagara, the anti-depressants and the commie kool-aid. You’ll make it the end of the self-imposed wreckage you call your life.
The Rolling Stones folks at least purport to be “thinking” lefties. To actually notice the irony in a matchup between Big Democrat Party and “Small” Leftism apparently requires three brain cells, not just two.
Yep. Mike is Matt’s father.
I hope that's true, but I fear it will be too little to late. For anything to really happen, the change in 2010 will have to be massive, Dems losing 70 to 80 seats in the house, 6 to 10 seats in the senate and I don't know if i see that happening. However, if somehow Obamacare can be stopped now, gridlock would be fine with me.
I think the Left is reaching the same point with Obama that fiscal conservatives did with Bush when he pushed No Child Left Behind through with Ted Kennedy.
Ah; yeah Howie was guessing as much the other day. Wasn’t sure but not a common surname!
(I do see sons and daughters go into similar businesses;
for example, Christina Hager of Ch 4 is the daughter of
longtime NBC reporter Robert Hager.)
“They are here to protest Obama?s ?socialist? health care bill ? you know, the one that even a bloodsucking capitalist interest group like Big Pharma spent $150 million to get passed.”
Damn moron STILL doesn’t recognize fascism/socialism when it smacks him in the face. Big Pharma in cahoots with Big Government IS socialism/fascism, and it’s part of what has us “teabaggers” so angry. Idiot.
Matt Taibbi has been calling bammy on his crap since day one. His articles are are about the only thing that gives Rolling Stone an ounce of credibility IMHO.
We tired to warn them. It's very easy to fool somebody who wants to be fooled.
Oh the audacity. They been hoodwinked, bamboozled!
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