MarketNeutral
23rd April 2010, 07:27 AM
As the country's attention is directed to the Goldman-Sachs scandal, a much greater story lurks beneath the surface involving massive government corruption that makes Wall Street firms pale in comparison.
The current government of the United States of America under the leadership of Barack Obama and the Democrat-controlled Congress is the single most corrupt entity in the nation, worse than all of the private sector scandals combined.
One would be hard-pressed to find an era of U.S history when government was any more corrupt than it is at present.
The manner in which Obama and Congress passed the healthcare bill is a case in point, but only the tip of the iceberg. ObamaCare was approved by the use of bribes, buy-offs, under-the-table deals, preferential treatment given to politicians sitting on the fence, etc., etc.
Ben Nelson, Blanche Lincoln, Mary Landrieu, Bart Stupak, and others were clearly bribed by the Chicago thugs that hold top offices in the Obama Administration.
Blanche Lincoln, by the way, the Democrat from Arkansas, accepted Goldman-Sachs campaign contributions and stated that she had no intention of giving it back.
However, with the current controversy surrounding the charges against Goldman-Sachs, which by the way was Barack Obama and the Democrats' largest contributor during the campaign of '08, a much larger scandal involving government has taken a back seat, at least in the mainstream media.
Senator Chris Dodd, D-CT, was one of the main players in the Fannie Mae, FreddieMac, Countrywide mortgage fiasco--accepting sweet deals from the mortgage giants while carefully covering up any problem in the subprime mortgage sector, and then being among the first to push the massive taxpayer-funded bailouts after the crisis hit.
It just so happens that Chris Dodd is also one of the main players in Congress pushing for new, sweeping government regulations of the nation's financial sector--a move that has the GOP demanding to see records of SEC contacts with Dodd, Congressional Democrats, the White House, the DNC, and the NYT.
But who is regulating government? If Chris Dodd is one of the heavyweights behind the push for government regulation, then who is there to regulate the actions of corrupt politicians who benefit handsomely from sweet deals while at the same time giving Wall Street firms assurances that should they get in trouble again, the government will always be around to bail them out?
It is important to note that the new regulatory bill contains language that promises permanent and automatic taxpayer-funded bailouts should the firms ever again experience a 'crisis.' Americans For Tax Reform is urging the defeat of the bill.
And then there is Barack Obama himself, who is the recipient of a cool one million bucks from none other than Goldman-Sachs. Critics are calling on Obama to return the dirty money.
But even that would not remove Obama from under a dark cloud of suspicion. Timothy Geithner, Obama's hand-picked Treasury-Secretary--and the one who did not pay his taxes--is up to his keister in Goldman-Sachs entanglements.
When it comes to Congress, this is the very entity that gave us the trillion-dollar bailouts, which the American people overwhelmingly opposed, the ObamaCare bill, which the American people also opposed, and that is now considering a cap and trade scheme that will cost Americans an added $3000 bucks per year in energy costs.
Americans are hard-pressed to find any reason to trust this Congress to regulate anything at all, particularly given its utterly dismal approval ratings in all of the polls.
In fact, 3 out of 4 Americans now say they cannot trust their government in Washington, and that includes the Congress, the President, and the Courts.
The reason for that distrust is clear--the corruption exhibited by this government (and Democrats have controlled both houses of Congress since 2006) is enough to make one's head spin.
Perhaps the focus on Goldman-Sachs and 'those evil capitalist companies' is a convenient way for the current crop of government crooks to continue their raping of the public treasury--an unconscionable scandal that has sent the U.S. debt load to dangerous levels for generations to come.
Many who now serve in Congress and in this Administration belong in jail, frankly. Had they worked for private corporations that is precisely where they would be.
Thus, how does the Goldman-Sachs 'scandal' in any way deserve the level of attention it now receives when the real crooks are in the government?
http://www.examiner.com/x-37620-Conservative-Examiner~y2010m4d21-Massive-government-corruption-hidden-by-focus-on-GoldmanSachs
The current government of the United States of America under the leadership of Barack Obama and the Democrat-controlled Congress is the single most corrupt entity in the nation, worse than all of the private sector scandals combined.
One would be hard-pressed to find an era of U.S history when government was any more corrupt than it is at present.
The manner in which Obama and Congress passed the healthcare bill is a case in point, but only the tip of the iceberg. ObamaCare was approved by the use of bribes, buy-offs, under-the-table deals, preferential treatment given to politicians sitting on the fence, etc., etc.
Ben Nelson, Blanche Lincoln, Mary Landrieu, Bart Stupak, and others were clearly bribed by the Chicago thugs that hold top offices in the Obama Administration.
Blanche Lincoln, by the way, the Democrat from Arkansas, accepted Goldman-Sachs campaign contributions and stated that she had no intention of giving it back.
However, with the current controversy surrounding the charges against Goldman-Sachs, which by the way was Barack Obama and the Democrats' largest contributor during the campaign of '08, a much larger scandal involving government has taken a back seat, at least in the mainstream media.
Senator Chris Dodd, D-CT, was one of the main players in the Fannie Mae, FreddieMac, Countrywide mortgage fiasco--accepting sweet deals from the mortgage giants while carefully covering up any problem in the subprime mortgage sector, and then being among the first to push the massive taxpayer-funded bailouts after the crisis hit.
It just so happens that Chris Dodd is also one of the main players in Congress pushing for new, sweeping government regulations of the nation's financial sector--a move that has the GOP demanding to see records of SEC contacts with Dodd, Congressional Democrats, the White House, the DNC, and the NYT.
But who is regulating government? If Chris Dodd is one of the heavyweights behind the push for government regulation, then who is there to regulate the actions of corrupt politicians who benefit handsomely from sweet deals while at the same time giving Wall Street firms assurances that should they get in trouble again, the government will always be around to bail them out?
It is important to note that the new regulatory bill contains language that promises permanent and automatic taxpayer-funded bailouts should the firms ever again experience a 'crisis.' Americans For Tax Reform is urging the defeat of the bill.
And then there is Barack Obama himself, who is the recipient of a cool one million bucks from none other than Goldman-Sachs. Critics are calling on Obama to return the dirty money.
But even that would not remove Obama from under a dark cloud of suspicion. Timothy Geithner, Obama's hand-picked Treasury-Secretary--and the one who did not pay his taxes--is up to his keister in Goldman-Sachs entanglements.
When it comes to Congress, this is the very entity that gave us the trillion-dollar bailouts, which the American people overwhelmingly opposed, the ObamaCare bill, which the American people also opposed, and that is now considering a cap and trade scheme that will cost Americans an added $3000 bucks per year in energy costs.
Americans are hard-pressed to find any reason to trust this Congress to regulate anything at all, particularly given its utterly dismal approval ratings in all of the polls.
In fact, 3 out of 4 Americans now say they cannot trust their government in Washington, and that includes the Congress, the President, and the Courts.
The reason for that distrust is clear--the corruption exhibited by this government (and Democrats have controlled both houses of Congress since 2006) is enough to make one's head spin.
Perhaps the focus on Goldman-Sachs and 'those evil capitalist companies' is a convenient way for the current crop of government crooks to continue their raping of the public treasury--an unconscionable scandal that has sent the U.S. debt load to dangerous levels for generations to come.
Many who now serve in Congress and in this Administration belong in jail, frankly. Had they worked for private corporations that is precisely where they would be.
Thus, how does the Goldman-Sachs 'scandal' in any way deserve the level of attention it now receives when the real crooks are in the government?
http://www.examiner.com/x-37620-Conservative-Examiner~y2010m4d21-Massive-government-corruption-hidden-by-focus-on-GoldmanSachs