Posted on 08/01/2010 12:31:27 PM PDT by Libloather
It's even closer to "The Human Fund", George Costanza's fake "charity donation in your name" holiday gift card scheme from Seinfeld.
A LITTLE RAHM BACKSTORY (1) Rahm's entree into the top echelons of govt are paved with his past victories: 4-term Congressman Rahm was beatified as the man who masterminded the Congress and WH takeover with David Axelrod.
Rahm ran a political action committee laughingly called "Our Common Values PAC."
Emanuel was Clinton's henchman (while employed by Goldman Sachs), a 4 term-Congressman, and a notorious Fannie Mae looter.
In 2005 he chaired the Democratic Congressional Campaign Committee 2006-07. Rahm had Dems winning in solid Republican districts running as "true believers." Rahm and Axelrod had Maoist mau mau Ohaha himself win by deceiving voters, saying things like, "I want to be another Reagan."
(2) Rahm's first moves as COS : (a) takeover of US Treasury activities including the $14 trillion bailout, (b) putting his brother in charge of Medicare/Aid billions not including billions from OhahaCare, and (c) takover of the census.
Let's keep in mind----COS Rahm Emanuel took control of the US Treasury when he crept into our WH. "Professor" Obama knows nothing about high finance----but Rahm toiled on Wall Street before creeping into the executive branch.
Wall Streeters can make money disappear faster than a cream puff at a Weight Watchers weigh-in.
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THINGS WE DO NOT KNOW ABOUT RAHM EMANUEL Did Rahm reveal all of his ties to financial institutions involved in Obama's trillion dollar federal bailout of financials? Read on.
Goldman Sachs Will Be Sitting Pretty With Emanuel in the Obama White House
By Timothy P. Carney, Examiner Columnist, Nov 21, 2008
EXCERPT Today, in these tumultuous times of bailouts and meltdowns when the investment banking leviathan needs Washington more than ever before, Goldman Sachs can leverage its most valuable asset yet White House chief of staff Rahm Emanuel.
Traditionally a Democratic booster, and one of Barack Obama’s top sources of funds in this past election, Goldman has always had particularly strong allies in government.
Rahm Emanuel is one such ally. An interesting early chapter in the Goldman-Emanuel relationship took place in the setting of Bill Clinton’s 1992 campaign for the White House. Clinton hired Emanuel as his chief fundraiser.At the same time, however, Emanuel was on the payroll of Goldman Sachs, receiving $3,000 per month from the firm to “introduce us to people,” in the words of one Goldman partner at the time. This is certainly a noteworthy relationship, but it’s one that has almost entirely escaped scrutiny. (snip)
In his four terms in Congress, Emanuel raised $74,750 from Goldman, making the firm his number four source of funds. Goldman has helped Emanuel. How has Emanuel helped Goldman? The most obvious answer, as mentioned in this column two weeks ago, is in Emanuel’s lead role in shepherding the “$700 billion” bailout—first proposed by former a Goldman CEO, Bush Treasury Secretary Henry Paulson—through the skeptical House.
Of course, back in the Clinton days, Goldman benefited from NAFTA and the bailout of the Mexican currency, with Emanuel pushing NAFTA through Congress, and Rubin hammering out the peso bailout.
Did Goldman improperly funnel money to the Clinton campaign by subsidizing Emanuel’s salary in 1992? Did Goldman’s help to Clinton spur the Democratic president to push NAFTA and the Mexican bailout?
The answers to these questions are opaque, and with Emanuel burrowed deep within the Obama White House, the continued relationship between Goldman Sachs and Obama’s right hand man won’t be easy to follow.
Watch which regulations of Wall Street Obama fights for. Watch where the bailout money goes.
SOURCE http://www.washingtonexaminer.com/opinion/columns/TimothyCarney/ Goldman_Sach_Will_Be_Sitting_Pretty_With_Emanuel_in_the_Obama_White_House_112108.html
Remember what happened to Jerry, Elaine, Kramer and George in the last episode?
No.
You have mail.
Of course it’s true.
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