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Ann Coulter: OBAMA'S OWNED -- YOU CAN BANK ON IT (Bought and Paid for)
AnnCoulter.Com ^ | Feb 10, 2010 | Ann Coulter

Posted on 02/10/2010 3:08:46 PM PST by Syncro

OBAMA'S OWNED -- YOU CAN BANK ON IT
February 10, 2010


The New York Times and The Wall Street Journal are bristling with the news that Republicans have decided now is the time to suck up to Wall Street. As the saying goes, there is no truer friend than a Wall Street arbitrageur -- they are the salt-of-the-earth, the most loyal men who ever drew a breath!

What are Republicans thinking? While not every money-manipulator on Wall Street deserves to be treated like a heroin dealer, lots do. Could the Republicans be a little more discriminating in picking up the Democrats' old friends?

The Democrats are acting as if they want to punish everyone in the financial services industry, including the innocent, while the Republicans seem to want to protect everyone on Wall Street, including the guilty.

How about just punishing the guilty? The Democrats can't do that because the list of Wall Street's biggest offenders may turn out to be eerily similar to the list of Obama's biggest campaign contributors.

Employees from Goldman Sachs gave more to the Obama campaign than any other organization except the University of California -- with Citigroup and JPMorgan Chase quickly following in sixth and seventh place.

Whatever Obama has in mind for punishing the financial industry, I promise you, he won't punish his friends. After JPMorgan CEO Jamie Dimon took a $17 million bonus this week, and Goldman CEO Lloyd Blankfein got a $9 million bonus, Obama said he didn't begrudge them their bonuses, saying, "I know both those guys."

Obama seems to be hoping that his vague bluster about "obscene profits" will lure Republicans into embracing Wall Street welfare recipients -- thereby losing Americans forever.

Never bet against Republicans being outwitted.

Risk-taking and speculation are good. But the Democrats' crony capitalism is the worst of both worlds: risk-taking without any real risk for the risk-takers. It's like gambling with your rich daddy's money, except we're the rich daddy.

Obama, like the rest of his party, is an ideologue who doesn't understand or particularly like the free market. He fundamentally believes in the efficacy of the welfare state, whether the beneficiary is a layabout single mother or a rich Wall Street banker.

As Peter Schweizer describes in his magnificent book "Architects of Ruin," the Democrats have been bailing out investment houses from their bad bets since the Clinton administration. The bankers got all the profits when their risky bonds were paying -- and then gave massive donations to their Democratic benefactors. But once the bets went bad, it was the taxpayers' problem.

Heavily leveraged securities packages put together by Goldman Sachs and others were the HIV virus that killed the American economy. And the reason investment firms piled leverage on leverage on leverage was that they knew the government would bail them out if their house of cards collapsed.

On one hand, Goldman put together toxic securities packages for their clients, but on the other hand, Goldman knew the mortgage securities being sold on the market were crap, so they also took out lots of insurance with AIG on crappy products being traded on the market.

It would be as if, anticipating a major earthquake, Goldman bought massive insurance policies on every house on the San Andreas fault line.

There's nothing wrong with taking risks and making bets, provided that if you bet wrong or if you bankrupt your betting partner with wild gambles: You lose.

Read more at AnnCoulter.Com


TOPICS: Breaking News; Editorial; News/Current Events
KEYWORDS: anncoulter; bho44; coulter; donors; goldmansachs; jpmorganchase; notbreakingnews; obama; wallstreet; wallstreetvote
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From the sidebar:
QUOTATIONS FROM CHAIRMAN ANN
February 10, 2010, 2:30 PM
WHAT'S IRAN'S SURPRISE ANNOUNCEMENT? - On February 1, President Ahmadinejad announced that Iran will “deliver a telling blow” to the “arrogant global powers” on the 11th.

Prediction: Ahmadenijhad will admit he's a really gay Jew, and he's marrying Barney Frank next month in Iowa. Talk about a stunner.

Read the rest at AnnCoulter.Com
1 posted on 02/10/2010 3:08:46 PM PST by Syncro
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To: RonDog; jellybean; knews_hound
Annie's here!
Employees from Goldman Sachs gave more to the Obama campaign than any other organization except the University of California -- with Citigroup and JPMorgan Chase quickly following in sixth and seventh place.

Whatever Obama has in mind for punishing the financial industry, I promise you, he won't punish his friends.

2 posted on 02/10/2010 3:10:11 PM PST by Syncro (TPXIII coming soon! March 27th to April 15th 2010)
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To: Syncro
Here is another CLASSIC photo of Ann, from PEOPLE magazine (7/29/2002):


image hosted on
TheRightRant.blogspot.com

3 posted on 02/10/2010 3:11:43 PM PST by RonDog
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To: Syncro

Thank goodness for Ann.


4 posted on 02/10/2010 3:15:05 PM PST by trisham (Zen is not easy. It takes effort to attain nothingness. And then what do you have? Bupkis.)
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To: Syncro

5 posted on 02/10/2010 3:15:26 PM PST by Vaquero (BHO....'The Pretenda from Kenya')
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To: Syncro
From anncoulter.com:
"...There's nothing wrong with taking risks and making bets, provided that if you bet wrong or if you bankrupt your betting partner with wild gambles: You lose.

The problem was that Goldman and AIG, among many others, knew they wouldn't lose.

Twenty years of Democratic bailouts have led them to understand that when their bets go bad, the taxpayer will save them.

Which is exactly what happened." - Ann Coulter


6 posted on 02/10/2010 3:17:17 PM PST by RonDog
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To: Syncro

If memory serves me correctly, John McCain was among the top 4 recepient of funds from wall street including Goldman Sachs.

Corporations buy influence from both parties.


7 posted on 02/10/2010 3:20:56 PM PST by greeneyes (Moderation in defense of your country is NO virtue. Let Freedom Ring.)
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To: Syncro

Amen to that I have been on here telling people about obama’s bribes from the “fat cats” for months the guilty ones who are screwing us taxpayers should not be protected.


8 posted on 02/10/2010 3:21:24 PM PST by FromLori (FromLori)
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To: Syncro
. . .

. . .

. . .

...


9 posted on 02/10/2010 3:21:30 PM PST by RaceBannon (OBAMA'S HEALTH CARE IS SHOVEL READY...FOR SENIORS!!:: NObama. Not my president.)
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To: RonDog

I married Ms. Right.......Just didn’t know her first name was ALWAYS....yuk yuk yuk....


10 posted on 02/10/2010 3:21:50 PM PST by onona (DBDBA)
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To: onona

:o)


11 posted on 02/10/2010 3:24:01 PM PST by RonDog
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To: FromLori

Yea, I and others have been doing the same for over a year

It’s a Free Republic given

Don’t worry, you haven’t been alone...


12 posted on 02/10/2010 3:25:37 PM PST by Syncro (TPXIII coming soon! March 27th to April 15th 2010)
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Comment #13 Removed by Moderator

To: Syncro

LMAO!


14 posted on 02/10/2010 3:26:38 PM PST by HonestConservative (http://www.handsoffliberty.com)
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To: RonDog

Those abs are calling meeee........


15 posted on 02/10/2010 3:27:45 PM PST by onona (DBDBA)
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To: HonestConservative

Yea that will happen, LOL


16 posted on 02/10/2010 3:30:32 PM PST by Syncro (TPXIII coming soon! March 27th to April 15th 2010)
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To: Syncro

Bump


17 posted on 02/10/2010 3:32:12 PM PST by tutstar (Baptist Ping list - freepmail me to get on or off.)
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To: Syncro

Sarah for Prez and Annie for VP! I could go for that!!!


18 posted on 02/10/2010 3:32:12 PM PST by RetiredArmy (Stay armed. Buy bullets. Buy guns. Protect yourself - the government isn't.)
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To: All

Wow, the Mods put this in Breaking.

They are really smart!


19 posted on 02/10/2010 3:32:26 PM PST by Syncro (TPXIII coming soon! March 27th to April 15th 2010)
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To: Syncro
We're talking about regular Americans being forced to foot the bill for the gambling habits of left-wing multimillionaires by buying the malefactors more chips every time they lose.

...anyone who took huge gambles, lost and got bailed out with taxpayer money should be tortured and then shot, miraculously brought back to life, tortured some more, then shot a few more times.

I like that last part so much, I will quote it again:

Anyone who took huge gambles, lost and got bailed out with taxpayer money should be tortured and then shot, miraculously brought back to life, tortured some more, then shot a few more times.

20 posted on 02/10/2010 3:34:06 PM PST by giotto
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To: RetiredArmy

That’s the ticket!

Best use of that phrase ever...


21 posted on 02/10/2010 3:34:31 PM PST by Syncro (TPXIII coming soon! March 27th to April 15th 2010)
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To: giotto

Oh man that is a GRATE quote!


22 posted on 02/10/2010 3:37:55 PM PST by Syncro (TPXIII coming soon! March 27th to April 15th 2010)
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To: Syncro
More from anncoulter.com:
"...When the earthquake hit toxic securities, the insurer, AIG, couldn't pay up.

Normally, that would result in the insurer going bankrupt, an orderly proceeding in bankruptcy court to distribute AIG's assets, and Goldman recovering only a portion of the insurance payout on the crappy products.

But instead of AIG going bankrupt and Goldman taking a hit, the U.S. taxpayer made good on AIG's securities insurance. In a deal arranged by former Goldman CEO and current Obama BFF, Hank Paulson, Goldman ended up being paid -- by you -- an astonishing 100 cents on the dollar.

So Goldman CEO Lloyd Blankfein's boast that his firm didn't want TARP money and has paid it all back is completely irrelevant. Goldman took billions of dollars -- that's millions with a 'b' -- of the AIG bailout money.

How about paying that back?" - Ann Coulter

And, for the "social media"-deprived, from www.urbandictionary.com:
BFF stands for "Best Friends Forever."

An abbreviation mostly written on binders or notes by girls in grade school, however, over the last few years, people who use to use the term in grade school have actually started saying it, typically in a joking manner, to mean a close relationship with someone.

OMG Wendy is so cool, we are totally BFFs now.

23 posted on 02/10/2010 3:39:33 PM PST by RonDog
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To: onona
"I married Ms. Right.......Just didn’t know her first name was ALWAYS....yuk yuk yuk...."


24 posted on 02/10/2010 3:42:16 PM PST by musicman (Until I see the REAL Long Form Vault BC, he's just "PRES__ENT" Obama = Without "ID")
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To: RonDog

Har, great post!


25 posted on 02/10/2010 3:42:42 PM PST by Syncro (TPXIII coming soon! March 27th to April 15th 2010)
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To: Syncro; All

Few things will piss off the Kool-aid drinking Progressives
more ... Obama is OWNED by Goldman Sachs and Ann Colter’s
calling him out on it!

26 posted on 02/10/2010 3:42:43 PM PST by BP2 (I think, therefore I'm a conservative)
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To: Syncro; All

Few things will piss off the Kool-aid drinking Progressives
more ... Obama is OWNED by Goldman Sachs and Ann Colter’s
calling him out on it!

27 posted on 02/10/2010 3:42:44 PM PST by BP2 (I think, therefore I'm a conservative)
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To: Syncro
Ann has nailed it.

There are a lot of people who should be in jail - not drinking fancy French wine and eating Wagyu.

Wall Street and Washington are both Rat's nests - in more ways than one...

28 posted on 02/10/2010 3:43:35 PM PST by Gritty (As President Obama sees it, whatever the problem, the solution is more Washington - Mark Steyn)
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To: greeneyes

>> If memory serves me correctly, John McCain was among the top 4 recepient of funds from wall street including Goldman Sachs

Integrating the derivatives.


29 posted on 02/10/2010 3:44:48 PM PST by Gene Eric (Your Hope has been redistributed. Here's your Change.)
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To: BP2
You can say that again!

: > )

Oh, and here's a “u”

30 posted on 02/10/2010 3:45:19 PM PST by Syncro (TPXIII coming soon! March 27th to April 15th 2010)
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To: Vaquero

31 posted on 02/10/2010 3:46:41 PM PST by RckyRaCoCo
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To: Syncro

Ann nails it!


32 posted on 02/10/2010 3:51:51 PM PST by Jean S
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To: Syncro
Also from anncoulter.com:
"...When the government steps in to save the very financial institutions that poisoned the nation's financial system with contaminated securities and derivatives -- all while the bankers get to keep the fees and bonuses on their bad bets -- we are not talking about a free market.

We're talking about regular Americans being forced to foot the bill for the gambling habits of left-wing multimillionaires by buying the malefactors more chips every time they lose." - Ann Coulter


33 posted on 02/10/2010 3:54:25 PM PST by RonDog
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To: Jean S
You got that right, she's on the “money” with this one!
34 posted on 02/10/2010 3:55:26 PM PST by Syncro (TPXIII coming soon! March 27th to April 15th 2010)
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To: Syncro
Coulter misses all of 0bama’s friends, including his preacher and grandmother, who 0bama has thrown under the bus when she fantasizes that 0bama won't punish Goldman Sachs or JP Morgan or even the University of Cal.

What Coulter has done is say something that people who dislike 0bama *want* to hear...but that's a far cry from being analytical.

35 posted on 02/10/2010 3:56:08 PM PST by Southack (Media Bias means that Castro won't be punished for Cuban war crimes against Black Angolans in Africa)
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To: Southack

Actually, NONE of those people got 0bama ahead in life, despite what they may have taught him, they aren’t the ones who pulled his puppet strings to get him where he is.


36 posted on 02/10/2010 3:58:50 PM PST by RaceBannon (OBAMA'S HEALTH CARE IS SHOVEL READY...FOR SENIORS!!:: NObama. Not my president.)
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To: RaceBannon

Rezko helped 0bama get ahead...now Tony’s in jail, thrown under the bus.

Blagojavich. Jail pending.

Bill Ayers ghost wrote 0bama’s first book...now Ayers is a non-person in the 0bama Administration, thrown under the bus.

You watch, 0bama will toss Rahm Emanuel under the bus, too.


37 posted on 02/10/2010 4:01:23 PM PST by Southack (Media Bias means that Castro won't be punished for Cuban war crimes against Black Angolans in Africa)
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To: Southack
Huh?

That being said, my original thought to you:

Yea, she won't ever get anywhere with that writing thingie

THAT being said, your “fantasy” of what she misses is just that...a fantasy.

Read These and get back to me.

38 posted on 02/10/2010 4:04:17 PM PST by Syncro (TPXIII coming soon! March 27th to April 15th 2010)
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To: Syncro
Prediction: Ahmadenijhad will admit he's a really gay Jew, and he's marrying Barney Frank next month in Iowa. Talk about a stunner.

Damun Ann, can't beat it! Too funny. I hope he read that.

As for Ahmadinnajad re: Feb 11th, if nefarious then he'll have talk fast as Israeli warships are on the prowl...whoops there goes the lone refinery!

39 posted on 02/10/2010 4:06:02 PM PST by Karliner ("Things are more like they are now than they ever were before."DDE)
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To: Southack
Coulter misses all of 0bama’s friends, including his preacher and grandmother, who 0bama has thrown under the bus when she fantasizes that 0bama won't punish Goldman Sachs or JP Morgan or even the University of Cal.
Maybe.

But Jeremiah Wright and the Kenyan's "racist white grandmother" weren't paying his campaign bills.

Not sure if he'll throw his "meal tickets" under the bus any time soon.

40 posted on 02/10/2010 4:06:14 PM PST by RonDog
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To: Syncro
After JPMorgan CEO Jamie Dimon took a $17 million bonus this week, and Goldman CEO Lloyd Blankfein got a $9 million bonus, Obama said he didn't begrudge them their bonuses, saying, "I know both those guys."

Where's the media coverage on this?

Probably still in Haiti, persecuting a few Baptists trying to help.

41 posted on 02/10/2010 4:06:50 PM PST by Dr. Eckleburg ("I don't think they want my respect; I think they want my submission." - Flemming Rose)
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To: Southack
What Coulter has done is say something that people who dislike 0bama *want* to hear

LOL, gimme a break.

Coulter speaks to a large variety of subjects, and the fact that people want to hear them has nothing to do with why she speaks to the issues.

She's on top of the whole economic, political and religious world.

42 posted on 02/10/2010 4:08:08 PM PST by Syncro (TPXIII coming soon! March 27th to April 15th 2010)
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Comment #43 Removed by Moderator

To: Southack
You watch, 0bama will toss Rahm Emanuel under the bus, too.

Not until we force him to.

Miss Gibbs and his various and assorted poofter czars too.

44 posted on 02/10/2010 4:09:28 PM PST by Syncro (TPXIII coming soon! March 27th to April 15th 2010)
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To: Southack
You attraction to men masquerading as women doesn't impress me.

RuPaul called and wants to see you again.

He remembers you:


45 posted on 02/10/2010 4:15:40 PM PST by Syncro (TPXIII coming soon! March 27th to April 15th 2010)
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To: Syncro

LOL! You just posted a little red x.

FAIL!


46 posted on 02/10/2010 4:20:36 PM PST by Southack (Media Bias means that Castro won't be punished for Cuban war crimes against Black Angolans in Africa)
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To: Southack
Homosexuals can't see it.
47 posted on 02/10/2010 4:24:19 PM PST by Syncro (TPXIII coming soon! March 27th to April 15th 2010)
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To: Syncro
A few things to think about:

Which major US financial institution had a former CEO serve as both Senator from New Jersey and as Governor of the same?

Which major US financial institution was the home to Treasury Secretary Hank Paulson before he went to Washington?

From which major US financial institution did Hank Paulson hire someone to administer TARP?

Which major US financial institution was the only one of currently independent major financial institutions that Hank Paulson and Ben Bernanke did NOT force, using un-Constitutional means, to take on huge debt and merge with other failing institutitons during the crisis in the fall of 08?

Which major financial institution gave more to Barack Obama's election campaign than any other institution, financial or otherwise, in the US?

Which major financial institution is the only major bank that will not be forced to split in two if Obama's new financial regulations are passed into law?

Which financial institution do Wall Street traders privately say is trying to take over the world?

The answer to all of these questions: Goldman Sachs, the 21st century's East India Company.

48 posted on 02/10/2010 4:26:02 PM PST by Thane_Banquo (The GOP: The Big Tent with a Fifth Column.)
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To: Syncro

LOL! Just messin’ wit ya, man!


49 posted on 02/10/2010 4:26:18 PM PST by Southack (Media Bias means that Castro won't be punished for Cuban war crimes against Black Angolans in Africa)
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To: RonDog

This is well known already.


50 posted on 02/10/2010 4:37:01 PM PST by TribalPrincess2U (demonicRATS ... taxes, pain and slow death. Is this what you want?)
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