REVEALED: Obama Finance Chairwoman PRITZKER the Toxic Catalyst of the Current Financial Crisis
By Truthteller on September 22, 2008 at 7:45 AM in Bamboozling, Barack Obama, Campaigns & Campaign Financing, Chicago politics, Economy, Home Loan, Hoodwinking, Housing & Housing Crisis, Penny Pritzker
According to Senator Chris Dodd (D-CT), our current financial crisis is a direct result of “toxic instruments” of the financial institutions who created problematic home mortgage loans, particularly sub-prime mortgages. I quote the Wall Street Journal:
Several high-ranking members of Congress also appeared on Sunday morning programs, as lawmakers rushed to bring on the far-reaching legislation to a vote next week.
“We need to give the secretary the authority to work,” Senate Banking Committee Chairman Christopher Dodd (D., Conn.) said on ABC’s This Week. “These are complex issues. I don’t think we ought to micromanage that part of it.”
Sen. Dodd expects strong interest from lawmakers in dealing with the Main Street aspects of the financial crisis.
“There are things we might do to try to help clean up a lot of these bad mortgages out there,” he said. “We need to try and address that without compromising the ability of the secretary to get rid of the toxic instruments that exist in these institutions.”
Dodd, in other words, believes our economy will recover if and only if we eradicate all the “toxic instruments that exist in these [financial] institutions.” One would hope Democrat Barack Obama would agree with Dodd, especially as Democrats are viewed by Americans as the Party most committed to addressing and ameliorating financial crises.
But Obama cannot confront this crisis in the manner Dodd desires, for his National Campaign Finance Chairperson, Penny Pritzker, is largely responsible for the creation and lending of the “toxic instruments” Chris Dodd decries as responsible for our current economic woes.
Beholden to Penny Pritzker as well as to Freddie Mac and Fannie Mae, Barack Obama is essentially one of those “toxic instruments” we must shed if we are to recover from the mortgage and sub-prime lending crisis.
Danny Schechter, Leftist media critic and author of Plunder: Investigating Our Economic Calamity and the ‘Sub Prime Scandal,’ offers a history of the sub prime mortgage. I quote one of the reviews of his magisterial text:
When it began, “subprime lending” wasn’t a term in common usage, let alone understood outside financial circles. One of its late 1990s originators was Obama campaign finance chairperson Penny Pritzker when she served on the Board of the failed family-owned Hinsdale, IL Superior Bank. It cost the FDIC $700 million and depositors another $65 million, while Pritzker made millions on predatory lending now called “subprime” mortgage schemes. One definition is as follows: “the practice of making loans to borrowers who do not qualify for the best market interest rates because of their deficient credit history.” Another in the recent environment was to force-feed them to the largest number of homebuying prospects possible.
According to the short history Schecter’s recounts, it is Penny Pritzker who invented the “toxic” financial instrument that has precipitated our current financial crisis. The doyenne of predatory lending, Penny Pritzker is just another Jim Johnson and Frank Raines: both the cause and the symptom of all that is wrong on Wall Street, Penny Pritzker and her position of power on the Obama campaign raises serious doubts about Obama’s ability to reform the institutions responsible for our current economic doldrums.
Pritzker’s involvement in this crisis is not limited to the invention of the sub prime mortgage instrument; she is also largely responsible for the current financial crash. I quote Dennis Bernstein, who cites Timothy Anderson, a finance expert who relentlessly pursued the late Republican Henry Hyde for the latter’s entanglements in the failure of Clyde Federal Saving & Loan:
Though Superior Bank collapsed years before the current sub-prime turmoil that is rocking the world’s financial markets – and pushing those millions of homeowners toward foreclosure – some banking experts say the Pritzkers and Superior hold a special place in the history of the sub-prime fiasco.
“The [sub-prime] financial engineering that created the Wall Street meltdown was developed by the Pritzkers and Ernst and Young, working with Merrill Lynch to sell bonds securitized by sub-prime mortgages,” Timothy J. Anderson, a whistleblower on financial and bank fraud, told me in an interview.
“The sub-prime mortgages,” Anderson said, “were provided to Merrill Lynch, by a nation-wide Pritzker origination system, using Superior as the cash cow, with many millions in FDIC insured deposits. Superior’s owners were to sub-prime lending, what Michael Milken was to junk bonds.”In other words, if you traced today’s sub-prime crisis back to its origins, you would come upon the role of the Pritzkers and Superior Bank of Chicago.
It all stems from the questionable practices of Penny Pritzker and the Superior Bank of Chicago. Prtizker, by the way, is a major bundler for the Obama campaign. Indeed, the scion of one of Chicago’s wealthiest families has raised between $200,000 and $500,000 for Barack Obama’s Presidential bid. Her family also donated over $40,000 to Obama’s 2004 Senate campaign. Now wonder why Obama is opposed to interest rate freezes and a moratorium on sub prime mortgages: most of his campaign cash is from those who have shamelessly profited from our current economic collapse.
Democrats are aware of this problem, and a few are not very pleased. One Democratic member of the House uttered the following when interviewed by a reporter for the conservative American Spectator on 8 Sept 2008:
“How can Obama go out with a straight face and saw it was Republicans who made this mess, when it is his key advisers who ran the agencies that made the big mess what it is?” says a Democrat House member who supported Sen. Hillary Rodham Clinton. “It’s his people who are responsible for what may well be the single largest government bailout in history. And every single one of them made millions off the collapse that are lining Obama’s campaign coffers. If the McCain campaign lets this one go, they deserve to lose.”
Hopefully the McCain campaign will not ignore this egregious conflict of interest of Barack Obama. And hopefully the Obama campaign will fire and denounce Penny Pritzker for creating the current economic crisis on Wall Street. But I doubt Obama will, for Obama is the recipient of cash from many who are the beneficiaries of the sub prime mortgage scandal: he accepted $1,180,103 from the top issuers of subprime loans during the primaries. And here are the names of a few of Obama’s bundlers who earn their profits in the unscrupulous sub prime loaning industry:
Louis Susman, Michael Froman and J. Michael Schell of Citigroup; Steve Koch of Credit Suisse; Bruce Hayman, David Heller, Eric Schwartz, and Todd Williams of Goldman Sachs; Mark Gilbert, Christine Forester, John Rhea, Nadja Fidelia, and Theodore Janulis of Lehman; and Robert Wolf of UBS Americas.
Beholden to the interests responsible for creating the sub prime mortgage crisis that has rippled across our country and across the world, Obama cannot eliminate those who created the “toxic instruments” Democrat Chris Dodd decries, for he is too dependent on their largesse.
Will Obama return the donations and bundled cash he received from the subprime industry? Will he fire and denounce Penny Pritzker? Or will he simply ignore his complicity with the unscrupulous sub prime mortgage industry and simply give us more “okie doke,” “bamboozling” and “hoodwinking?” Even if he does denounce the industry that has financially sustained his campaign, it will be too little, too late: the economy has already collapsed; the foreclosure crisis has already destroyed communities; and families are on the streets.
Barack “Sub Prime” Obama: unable to reform the industries responsible for our current economic crisis, he is anything but ready for prime time. Indeed, Obama is and will remain “sub prime.”
See also Uppity Woman’s 16 SEPT 2008 essay entitled “Obama’s Finance Chair, Failed Bank Owner Penny Pritzker And Today’s Wall Street Problem.”
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By Sarah Palin (Release date: November 17. 2009)
Well, McCain and co. can’t even keep up with all of these associations. They’ve been timid–preempted by the media’s lashing out against him for their psuedo-indignation over the strong ads he was running against Obama 2 weeks ago. The media achieved 2 goals: they silenced McCain and threw him off his game, this allowed Obama time to get up and mount his vile attacks of lies last week–which the media was more than happy to fan, promote and cheerlead.
New McCain ad, tying Bozo to the Chicago machine. Watch this.
http://www.youtube.com/watch?v=fQ0cq4Nytu8
Truthteller, great work as usual. Penny Pritzker is a very key figure, and they are currently trying to hide her. No way. We need to fully expose her, and Obama’s deep ties with her and her family. Thanks for this piece.
Thanks for posting that ad, Medusa. More good work by Team McCain.
.
Here is about 8 minutes of Sarah Palin’s speech at The Villages in Lady Lake, Florida.
At least one estimate of the size of the crowd that came out to see Palin speak put the figure at
a staggering 60,000. SIXTY THOUSAND.
http://www.youtube.com/watch?v=atUx0L7odIQ
Paul Have you seen the news about the Obama smear on Palin it is all over the net. Could you do a video on it?
http://ace.mu.nu/
One of Pritzker’s victims. http://www.suntimes.com/news/politics/obama/919177,CST-NWS-pritz28.article
I wonder how much the Pritzkers have contributed in this campaign?
Don’t ever trust Chris Dodd. He is a snake, one of the main people pushing Obama. He voted with the Republicans to impeach Bill Clinton. Got any idea why he doesn’t want another Clinton administration? Yup, those CN senators are really helping out the Democratic Party, no?
Dodd has accepted more funds from Fannie & Freddie than any other Senator. Second in line for hand-outs (in a 3 yr. period he collected almost as much as Dodd did in 9 years): Obama.
I heard Barney Frank also going on about the need for regulations and oversight. When anyone tried to reform the system, who blocked them at every turn?
Dodd & Frank.
And is ABC or anyone else calling them on their hypocrisy? Of course not.
Ehemmm….The only people who hate the CLINTONS more than the FAR RIGHT…is the FAR LEFT…
That’s a total lie. Chris Dodd voted against both counts.
At least someone is reporting the truth… make sure to read this:
http://www.bloomberg.com/apps/news?pid=newsarchive&sid=aSKSoiNbnQY0
From Townhall: An effort to help Obama’s brother, George in Kenya. Oh, those nasty, selfish Republicans! A story the media is more than happy to sweep under the rug.
George Obama Start Packing!
No more NObama’s in this country! Send him to mechanic school in Kenya. Where his brother b mohammad hussein obama soetoro was born.
We have that rat to deal with. NO MORE NOBAMA’S. NOT ONE MORE.
How about those Republicans, sending George Obama money. The next thing you know, they’ll be running a woman for POTUS. Can you imagine?
Those dirty bastards.
LOL….OH….the irony….
Thanks for this post. All roads lead back to BO, both in terms of his longterm association with Pritzer and his deep fundraising connections with key Wall St. players. At the heart of this lies BO’s determination to exploit the emerging subprime concept not for the genuine benefit of low income and minority/disadvantaged people who wanted to own their own homes, but his willingness to use that desire to help him game the financial system and political structures. In other words, BO did not even get into the thick of this for the right reasons, but for the wrong reasons — his own personal political power.
And BO does not care who this hurts in the long run. So long as it looks like he gets to decide what to do about it.
PUMA!!
Word fail to describe the contempt I have for Oblockhead–there aren’t enough pejoratives in the English language to adequately describe this bottom-feeding POS.
The part that gripes me is that he will claim it is to the benefit of the poor, having mortgages readily available, when those people who took the mortgages are seriously hurting, poorer than ever. They took on obligations they couldn’t meet, wasted money trying, ended up on the street with bad credit. I live in a very humble, almost-barrio, neighborhood of hardworking Hispanics. There are 4 empty houses on my block as a result of flipping and selling overpriced houses to under-moneyed clients. It’s pretty pathetic to see someone leave a bowl of dog food and a tub of water out, abandon the dog and leave.
Many were steered into adjustables for higher priced homes when they could qualify for more modes residences using conventional mortgage instruments. This is the real tragedy.
http://blogs.abcnews.com/politicalpunch/2008/09/last-years-big.html
The Big 5 Wall St. firms paid huge bonuses to their employees in 2007 — why are we not surprised?
Also, be sure to see RBO’s post about Obama, in a video, displaying his ignorance of the financial markets. http://therealbarackobama.wordpress.com/2008/09/22/rbo-news-views-the-obamas-dumber-than-a-box-of-rocks-edition/
And please send this excellent diary around the internet tubes.
That video of Obama failing Econ 101 is priceless. Where is there a 527 that can use that in an ad? Great stuff. And this guy wants to be POTUS. Amazing. Just freaking amazing!
Unfortunately the msm are more interested in the historical side of the election and have decided never to critisize the one. It’s all about the the emperor has no clothes story. Many know that Barack Obama is not kosher but they will never reveal it because of the fear to be labeled a racist,thus giving Barack Obama an advantage over John McCain.
No, the media is owned in large part by George Soros and other corporate elitist, who wish to use an obama presidency as a front for their agenda to break the back of U.S. sovereignty and bring in a “one world government”. The media is only doing what their masters are telling them to do.
Does anyone believe it’s mere coincidence that both Soros and Zbigniew Brezinski are behind the obama candidacy?
Check out Brezinski’s role in founding the Trilateral Commission and his role on the CFR (Council on Foreign Relations) and learn what he and Soros have in store for the U.S.
Give me McCain/Palin any day over these guys.
jeebus, do you not know that Soros also funds McCain’s Reform Institute since 2001 and installed Saakasvili in Georgia: after Bush, McCain & company falsely said al Qaeda was there: so we can have a military base and train their soldiers (Israel trains more of them) to guard our pretty new pipeline? How about that Brzezinski was McCain’s advisor in 2000? How about that both BHO and McCain have a Brzezinski son for an advisor now???
McCain & Palin ARE these guys: they are ALL NEOCONS. Helloooo? FISA=same, stay in Iraq=same, expand Afghanistan=same, back the Georgians & Ukrainians into NATO even when they don’t qualify=same, drill for oil=same, Soros/Brzezinski/Pritzker family=same, conenctions to failed banks=same. Both parties are running candidates backed by the same globalists.
Yes, I do think BHO is their preferred candidate but that doesn’t mean McCain isn’t the backup. A willing backup.
Phil Gramm put that deregulation rider in an 11,000 pp bill and it passed under Clinton’s administration: in a Republican House and Senate by a veto proof 2/3 majority.
This guy also helped deregulate Enron, and McCain wants him to be Secy of the Treasury: which would control the freaking housing/banking market under a new entity a la Homeland security.
That new agency running the whole show was also part of the plan in the so-called 2005 “reform” bill.
Palin is nothing but an abbatis. Look up UNCLOS IV, and think how vital it is to control this state from top to bottom. I’d say checks for 3000$+ per person, when you’re already getting more federal aid per capita than any other state in the country would help real nicely.
These would be NObambam’s boys.
You, my friend, are brilliant. i have been trying to connect the dots on this for awhile, and although I strongly suspect that Soros has ownership of some forms of media, I’d actually like to know which ones he can be directly linked to. I am writing letters, and gathering facts for opinion pieces, I would really like to find out some of the info on what you are talking about here. Please respond.
people need to know this. if half the reporters trying to dig dirt on Gov Palin’s family looked into Obama, some of this info would not be limited to blogs.
look out, Pritzker will be going under the bus very soon.
Only publicaly - in the background all those under the bus people are still there.
But wasn’t I just told that Penny had NOTHING TO DO with all this???
IA welcomes GRAIL GUARDIAN today as a new contributor!!
Selling America: Why the MSM Can’t Tell the Truth
http://insightanalytical.wordpress.com/2008/09/22/selling-america-why-the-msm-cant-tell-the-truth/
Her take on why the MSM (among others) works to keep up uninformed…with a rallying cry to all PUMAs!!!
OT but important: Jeralyn at Talkleft.com is reporting Obama is pulling out of North Dakota.
Obama is pulling out of ND–from HotAir.com:
Barky Go Bye Bye to North Dakota
Here’s the sentences I love:
An Obama spokeswoman, Amy Brundage, confirmed Sunday that the campaign’s North Dakota staffers were being sent to Minnesota and Wisconsin, where recent polls have shown a tight race between Obama and Republican John McCain.
Maybe Frankin should stay home and campaign instead of write little boy skits for SNL. Can’t think he helped enlarge his voter base last Saturday ….
Yuck. I am in MN and the signs are starting to go up. All these little O shaped signs. Give me the shivers.
He was tied in MN last week and now he leads huge!
I really wanted to flip it red for once!
Didn’t he clain that (as part of his 50 state strategy) that he could win North Dakota?
I think that’s one of the reasons that Dean said we needed boychick instead of a candidate with a proven record of achievement … but I could be mistaken ….
Love that Townhall snippet above, So isn’t it interesting that we keep hearing about Sarah Palin’s peccadilloes while the major media continues to ignore the George Obama scandal? Um, last I heard George Obama isn’t running for vice president, or for any other major US office. Is he supposed to have a fulltime press team following him? Who cares? Hilarious.
Menwhile from today’s Times:
If you are serious about attacking candidates for guilt-by-association ties to Fannie Mae, no one, but no one, is guiltier than John McCain.
Rush is tearing Barry another orifice in his backside for playing race-card:
————-
Obama Using Segregationist Tactics
Let’s talk about the candidates for one flaming minute: Who took a stand against these mortage giants and who has been shutting down passage of regulation and reform? Chris Dodd, Barack Obama and the Democratic congress, that’s who!!
Covering his Fannie: Barack Obama and his ties To Fannie Mae
Not true just go to open secrets and look who is getting the financial institutions money - it is Obama big time.
Another OT: firedoglake.com has a thread discussing the importance of lowering expectations of Barky’s performance at Friday’s debate.
Great work, TruthTeller.
Oy vey! Where does Bozo’s corruption stop? He is the epitome of a crooked, fraudulent Chicago Pol.
Pritzker is a major part of the machine.
This is why he went to CHICAGO.
All of this time, I was wondering, “Why not Cleveland?”
Cleveland elected the first black mayor of a major American city. Between Carl and Louis Stokes, Cleveland has been more friendly to African America policies than any other city. It’s the CHICAGO MACHINE. Period.
It’s also where Ayers is from, and I think that is where it all came from.
Ayers, Jessie Jackson and Farrakham.
I agree - thanks, Truthteller!
This weekend I was bombarded by two siblings with pro-Obama; anti-McCain articles with “You Should Read This” marked on them. I responded with THIS article, and Larry’s good piece on Barack and Wall St. Oh - and marked them “AND You Should Read THIS!”
Great job!
Oh, please. What next, grading on a curve?
The difference between McCain and Obama on the Fannie Freddie flap is McCain took a stand against the institutions and tried to get more regulation for them.
Having a talented man on your team even thouh you disagree with their position is daring. Perhaps McCain wants to hear all sides as opposed to being in a room full of yes men.
Just a thought
This is simply that everyone thought it was a good opportunity to grow the economy by selling more and more houses and flipping homes by recruiting buyers from anywhere and bamboozling them into signing on the bottom line. Bush was happy to see his GDP grow and everybody was making money, principally real estate agents. Everyone also knew it was dirty money, but if everyone takes it, then is not dirty anymore.
The fact is that no church pastor, not one, in this country wanted to rain down the practice of tricking people and calling the practice immoral. Everyone closed their eyes to the immorality of the game. Why not? Jesus forgives every sin and that sin seems very easy to forgive, if it is a sin at all. Simply put a little bit of your commission into the offering plate and whalla the guilt is gone.
McCain is as guilty as Joel.
The only one that is not guilty here and the best thing that has happened to American politics, is Mrs. Sarah Palin. It is to McCain’s credit to introduce her to us. Now we, like McCain should feel we can’t wait to introduce her to Washington.
Do you think the MSM will ignore this too?
Would they ignore it if Pritzker worked in the McCain campaign?
Good article Truthteller…NQ ROCKS!
QUI TACET CONSENTIT
( He who is silent consents )
KEEP UP THE GOOD FIGHT….COUNTRY FIRST…
Can you give us the Latin for He who is silent is complicit?
Anyone who read Dreams of my father knows OBama states he modeled himself after his father!!!
Barrack Obama’s Father is the Author of this Article!!! View it here.
http://www.politico.com/static/PPM41_eastafrica.html
OBAMA ON THE CONFISCATION OF PROPERTY OWNED BY KENYANS OF ASIAN AND EUROPEAN DECENT
“There is also a statement that nationalization will apply to African enterprise. How can we talk of nationalizing African enterprise when such enterprises do not exit? If we are going to nationalize, we are going to nationalize what exists and is worth nationalizing. But these are European and Asian enterprises.
One need not be a Kenyan to note that nearly all commercial enterprises from small shops in River Road to big shops in Government Road and that industries in the Industrial Areas of Nairobi are mostly owned by Asians and Europeans. One need not be a Kenyan to note that when one goes to a good restraurant he mostly finds Asians and Europeans, nor has he to be a Kenyan to see that the majority of cars running in Kenya are run by Asians and Europeans. How then can we say that we are going to to be indiscriminate in rectifying these imbalances? We have to give the African his place in his own country and we have to give him this economic power if he is going to develop. The paper talks of fear of retarding growth if nationalization or purchases of these enterprises are made for Africans. But for whom doe we want to grow? Is it the African who owns this country? If he does, then why should he not control the economic means of growth in this country?
It is mainly in this country that one finds almost everything owned by the non-indigenous populace. The government must do something about this and soon.”
OBAMA ON 100% TAXATION
“Theoretically, there is nothing that can stop the government from taxing 100 per cent of income so long as the people benefits from the government commensurate with their income which is taxed.”
OBAMA ON MARX AND TAXATION
“The paper wishes to encourage domestic accumulation. This is a good gesture except for the underlying assumption which one only reads between the lines, that it is individual private enterprise and business that tends to encourage accumulation. True, in the paper there is a realization that taxation can be used as a means of forced saving, but it is given a secondary place in this respect. Certainly there is no limit to taxation if the benefits derived from public services by society measure up to the cost in taxation which they have to pay. It is a fallacy to say that there is a limit and it is a fallacy to rely mainly on the individual free enterprise to get the savings. Who are we going to rid ourselves of economic power concentration when we, in our blueprint, tend towards what we ourselves discredit? In paragraph 47 the paper state that the company form of business organization is a departure from the direct individual ownership typical in Marx’s day. Yet one who has read Marx cannot fail to see that corporations are not only what Marx referred to as the advanced stage of capitalism but Marx even called it finance capitalism by which a few would control the finances of so many and through this have not only economic power but political power as well.”
Hmmmm….very interestink…no ? thanks Harp….
Is anyone else out there getting a bit nervous…..?
It is becoming clearer, that despite over 80% of people saying our leadership has the country on the wrong track…IMO, there is a strong possibility the country is unlikely to make a 180 degree change and put a young, Democrat, African American, in the White House…take that leap of faith we did in 1992 on a young Bill Clinton.
Therefore we are likely to end up with the oldest President ever, with Sarah Palin has his VP. As a country, we need to wake up and realize the path we are heading down. The statistics show us that there is somewhere around a 30-40% chance that at some point, she will become President for a period of time in the next 4 years.
So, given this we must take a cold shower on who she really is and ask is she qualified to be leader of the free world given the following:
1.at 44 years old, she is an attractive, articulate, folksy, and appealing candidate to certain demographics – clearly a talent in connecting with people
2.some demonstrated capability in 19months as Governor to take on special interests – took on her own party impressively
3.she has a Sports Journalism degree from Idaho State, in which she took 5 years to achieve a “C” average
4.she is a Pentecostal Creationist, who believes that the world is less than 5,000 years old
5.no “world experience” as she has not travelled outside of Alaska (the US or overseas), until very recently. Just got a passport 10 months ago.
6.she lauds her teenage daughter’s “decision” to keep her baby, despite the stated goal to take that choice from others
7.she is under investigation for abuse of power – which she refuses to answer, despite promises.
8.she has repeatedly exaggerated, and sometimes lied about her background, despite clear evidence contradicting her claims (selling plane on eBay, being against Bridge to Nowhere)
9.she said, in her only real interview, that in her opinion, “it is OK to go to war with Russia”
10.she has yet to submit to a press conference, submit tax records, or explain her role in Troopergate
I ask a simple question, which is, given the above, can anyone say with a straight face that this the ticket/political party that is a sensible choice given the above, and given the perilous state we find ourselves in after 12 years of GOP congressional rule and 8 years of executive rule. We need to think very carefully…as Einstein said, “Insanity is doing the same thing over and over again and expecting a different result”
Ask zeromama any of these questions and you hate black people … so, do you fear strong women, or just plain HATE THEM?
Ehemmm…indithinker your groupthink don’t work here….
*** SOETEROBAMA IS A FASCIST & UNFIT FOR ANY ELECTIVE OFFICE ***
Y, Because Obama is a corrupt Chicago machine pol with a postage stamp resume and a Messiah complex and a list of friends and associates that makes most normal Americans desire a shower. A “leap of faith” with this zero would in reality be a leap into the abyss. So, the sensible choice, every day of the week and twice on Sunday, is to go with the old guy and Sarah.
Now you know Sarah Palin is what we need for President. Thanks for your concerns.
Penny Pritzker, little bot. Try to stay on topic.
You know it is such a draw on things that I’d say we just leave Bush in for an extra year and start the primaries over. We need to throw out the MSM first though.
How do we get that done?
No asked if John Edwards was qualified in 2004
She is more qualified that Obama. His qualifications are???????????
Palin has more executive experience than Dear Leader.
btw, it is just not credible to try to link the whole crisis to one person….it has been brewing since the early 80’s starting with the Keating 5 and has bi-partisan finger prints all over it since then….no one leader…none of us citizens are clean on this…we all jumped in, benefited and are now going to reap the whirlwind.
I don’t know about you, but I didn’t:
1. Buy a house I couldn’t afford with nothing down.
2. Assume that if my credit card debt was too great, I could keep my house and declare bankruptcy. I mean, hey, it’s only 7 years, right?
3. Expect that someone else would clean up my mess.
I rent my house, drive a 12 year old car and live within my means. hmmmmmmmmm what a novel concept.
I have to admire your strong character and moral strength. I hope your family does too.
Lark:
After my father died, my mother modeled behavior that pretty much all of us live by. When we “brag” about what we paid for things it is because we found great bargains at estate sales where people no smarter than us are selling every thing because they are in financial difficulty. It doesn’t take any brains to buy what you can’t afford!
I know, I hate this WE shit. I didn’t buy a house I couldn’t afford, run my credit cards up, and expect that the smoes who worked hard and did without would bail me out.
WE also weren’t the subprime bankers who have essentially printed their own money. They created as much of this bad paper as they could because they got paid for it. They also expect hard working smoes to bail their sorry asses out. If we can’t have guilllotines, we need lots of orange jumpsuits. No one in Washington is talking about anything except getting the corrupt system that put us in this mess back on the road.
We need Mrs. Palin in the VP chair and McCain to put her in charge of fixing this mess. She’s the only one I trust.
You BET we do. They built their own house. That bi-plane is three generations old. She used her “beauty” title to finance her college. I am tired of the elites in this country looking down their noses at people who pull themselves up by their bootstraps. ENOUGH. We all get one life, one vote.
rock on!
I have a 19 year old car. I paid cash for my daughter’s college education. I have 15 years left to pay off my house. I pay my credit cards on time.
THat is why I am not in financial trouble but I am also a mom who has never earned more than 25K a year.
Save, spend responsibly, live within you means.
I rent my apartment, don’t own a car and don’t have a credit card. And I also don’t watch television. So I did not benefit from the real estate bubble.
I certainly did not jump in and benefit. I just get to pay for the party.
$50 to McCain for idthinker.
Trollfund for McCain is now at $850, at this rate I will make my $2300 in no time. Thanks guys keep it up.
As an aside, the McCain people are very welcoming as my first day as a volunteer. Thank you JM08, this volunteer day is dedicated to you.
Don’t forget I matched $100 the other day, that’s going to McC from here thanks to the trolls.
The subprime mess started when pols wanted to help minorities buy houses. This was a noble goal but they saw a way to profit for their buds. It is a variation of the scam that is public housing in places that have a political machine and especially in Chicago. It was so profitable that they widened the target market to anyone regardless of race. They included poor credit history, no credit history, creative 0 down loans, APRs and anything else they could think of to get anyone who showed up into a mortage including refinancing.
Democrats and their cronies have always been the beneficiary of any scheme for public housing which subprime mortgages are essentially. They are now public housing because the taxpaying public is going to pay for them just like any other low income housing. So let’s call it what it is. This is another public housing scheme started in Chicago which has benefited a few such as Penny Pritzer (her bank was bailed out) and cost everyone one that pays taxes to save her behind.
Jeremiah, is there room under that bus for one more?
(or half a dozen more) I hope Pritzker’s name appears on blogs and Youtube and on the talk radio shows continually until the MSM have to talk about it.
Regarding George Obama, didn’t his brother Barack quote Matthew 25:40 during his Saddleback debate? “Insomuch as you do it unto the least of these my brothers, you have done it unto Me?” I guess we can conclude that Big Brother Barack will treat the American people under an Obama presidency just as good as he has treated his brother George.
Every time they mention Penny, they need to mention Hyatt Hotels. Let people vote with their business.
“The Obama Campaign is giving out names, phone numbers, voter ID numbers, gender and age information to any yahoo who signs up at their web site. I got all the above information for 50 people in the 502 area code.”
http://discussions.news-journal.com/read.php?9,2552,phorum_session_v5=ff5b0288075ecee5389bd0857952f6f7
This is TRUE!
I clicked on the link, used a bogus name and address and it popped up 25 names to contact (which included my name!).
In PA, it does not give you the SSN but a voter number. It also gives you the contact number, age and gender.
Lucky for me, they have an outdated contact number so no worries about a troll contacting me.
This is a violation of privacy laws.
This is criminal and I am sure it is why my 21 year old daughter is bein stalked by Obamanites.
Me thinks I will load a gun today.
seems obamas brother supports that bad ass ruler in kenya.
Sometimes when I’m at my most paranoid thoughts, I think that they actually planned for all of this to happen.
I am suspicious also about the timing of this crisis. What a great time for it to happen.
Something to blame the republicans for because they are in power. Most people won’t look at the history of what happened to see that the democrats are dirty as hell and started this whole steamroller crisis.
The Penny Pritzer story should be told on TV and in the papers. This is an important story and no one is listening.
What are the American people suppose to do? The strength of our economy depends on the workers in this country. If we could get everyone to stop working for a day, (shut down the country) maybe we could get rid of the robber barons. I think the whole congress should be fired and we should start over from scratch. Aren’t there any honest, patriotic men and women left in our country? I look at McCaskell and Sebilus (sp.) hugging and kissing Obama and I want to puke. God, where do such women come from? Ugh.
I have been thinking on those terms for many many years. So I am not surprised this is happening and why is happening. And that’s why I said that Bush had to fire Greenspan in 2001 but instead he made a deal with him.
There is a reason to bring the people to their knees.
I don’t know much about Venezuela and Chavez but it is funny that they seem ahead of the curve. That’s the curve Obama speaks off.
I have a feeling we better get to study more about Venezuela and Chavez. It might hold the key to all of this.
Google the Non-Alignment Movement and look at their agenda - members are venezuela, cuba, iran, african countries, middle east countries.
I really don’t know why we aren’t covertly assassinating people like A’jad from Iran, and Chavez from VZ.
I don’t think you are paranoid. I think the purpose of this was to destroy the 2 party system in order to amke it easier to implement the North American union.
I don’t think it even matters which of BHO or McCain wins becasue both candidates are backed by the same entities: the net result is that we now have one functioning political party: the Republicans. I think BHO is their trojan horse. I always wondered what Rove’s plan was since it has been apparent from the start that they would not run Cheney: the choice was worthy of Rove too: run a Democrat. Does anyone think Dean has any desire for the continuance of the Dem party, especially the Clinton wing, after they failed to back his own lousy presidential bid?
I think this whole freaking election was designed to crack the Dem party like an egg and screw any chance of the Clintons gaining any traction for the forseeable future. The Clintons were the only break in the freaking neocon control of this country since 1980.
IMO what we need now is the rise of at least one other party in order to get federal matching funds: if we don’t do this in this election then for the next one we are again stuck with dems and repubs as our candidates.
I am voting Green, I think its establishment as a long term viable party is more likely than Nader’s party. I would have voted Libertarian but Barr is IMO not a real libertarian he is another wingnut. I am afraid the libertarians have been trojanized same as the dems. We need 5% of the vote to go Green. Think about it. Especially if you are in a non-swing state.
Glad I’m not the only one
Everyone is going to have their own theory, mine is that there’s a hardcore Communist faction intent on bringing the country to its knees.
And right now it has been done in two ways: the intentional infection of the money system with trillions of dollars in bad mortgages, and the domestic oil embargo being maintained by the Democrat leadership.
I hate to point the finger at the party so many here belonged to but as far as I can tell it’s been hijacked by Marxists.
We’re also facing a mortal danger by Islam.. all of Washington has been infiltrated I believe. Much of our universities are infiltrated.
In Europe there is an alliance of sorts between the Hard Left and the Islamists.. I wouldn’t surprised if there isn’t something similar going on here. I also believe they have many in the Republican party bought and paid for too.
I think someone said we all need to walk off our jobs and demand the Govt work for us… i agree.
This country is so large that it’s impossible for the govt to be influenced by a handful of people here or there. We need to bring the country to a standstill or else we’ll never get it back.
agree on standstill: if we don’t, we will be paying for this stinking bailout until the next one.
no buying, no paying bills, no work = no tax $$ for govt. Bad govt. BAD!
obamas entire family are MUSLIM. SEND ME THE MONEY INSTEAD. LOL
I forgot to mention that some states use your SS# for you voter ID number. This means that all of those SS#’s have been given out by the BO campaign. Every one of us should be reporting this.
SNL now accusing Todd of incest. NBC should lose their right to broadcast.
http://www.youtube.com/watch?v=w5r–DvJJu8
There must be a hell of alot of sick, psycho, kooks in this world for shows like Saturday Night Live and Bill Maher to remain on the air. It’s just dirty, vulgar, disgusting trash.
They may have opened themselves to a liable or otherwise damage legal action against them. I would look favorably if later on, the Palin’s sue NBC for 1/4 of a billion dollars, maybe more. If Palin looses the election, they may just be awarded the sum.
This fits with my theory that Obama is a neocon, and confutes the claims that he is a socialist.
OT, but this is amazing. Has anyone seen something like this before in polling history: Sarah Palin helps McCain erase 34-POINT LEAD in which ticket better understands women. In July, the question was posed which candidate better understands women. Results: BO-52% McCain 18%.
New Poll out with same question and results: McCain 44% and Obama 42%.
That’s a 34 POINT ASSIST BY GOV PALIN. KEEP ON BASHING HER YOU HATERS!! WE’RE TAKING NAMES AND NUMBERS.
McCain Closes Huge Gap on Key Question for Women
If you’re like me and you’re pretty miffed about the bailouts, this ought to really get you going:
http://www.politico.com/news/stories/0908/13717.html
BREAKING!!!
From The Jawa Report:
Hope, Change, & Lies: Orchestrated “Grassroots” Smear Campaigns & the People that Run Them [Updated]
mypetjawa.mu.nu/archives/194057.php
Damaging article about the massive public relations firm that the Obama campaign appears to have hired [covertly--breaking FEC laws] to smear Palin.
Thanks for the link. This deserves it’s own post.
I knew it when I saw Obama smiling and telling us all that we need to bail the lenders out.
Just more money in for his friends to plunder.
I think the people should be given their homes free and clear and the sub prime lenders lose everything.
I remember hearing that when the banks folded in the 30s people lost all the money that they had saved in banks. - the banks just said “its gone” and then turned around and foreclosed on homes and farms with out mercy. So they got to keep peoples cash and then take their real estate too.
Yes, another line is forming at the trough: When the feds turn loose of the $700 bill. to buy out all the so-called ‘toxic’ assets, the question is how much will Paulson pay for those assets, and how will he then realize their true value when he gets around to that stage?
Tip: If the bad assets are sold at whatever the banks say is their book value, then they will get payments set at overvaluation — but when the assets are then sold to third parties by the govt, ‘real’ market values will emerge, and will probably give the feds just pennies on the dollars paid out to the banks in this round of bailouts.
That’s why it is important for the dems — led by Hillary, so far as I can see — to demand an accountable and transparent asset buyout/resale process.
Or the banks just keep fattening up and laughing all the way to overseas tax havens.
Lets put the blame where it belongs.
Back in 2002, when his reputation as “The Man Who Saved the World” was at its peak, Alan Greenspan, former chairman of the Federal Reserve, came to Britain to pick up his knighthood. His biggest fan, Gordon Brown, now the UK prime minister, had ensured that the citation said it was being awarded for promoting “economic stability”.
http://www.ft.com/cms/s/0/32b85c72-859b-11dd-a1ac-0000779fd18c.html?nclick_check=1
Please Help By Donating To George Obama Compassion Fund
by Dinesh D’Souza
My modest campaign to assist George Obama has been coming nicely. Sean Hannity mentioned it on his show on the Fox News Channel, and I appeared on a handful of radio shows to talk about the idea. Interestingly the George Obama Compassion Fund was reported on by Kenya’s leading newspaper “The Nation.” So far I have received more than $1,000 in small contributions. With my kickoff contribution of $1,000, that’s upwards of $2,000 for George Obama.
This is not a huge sum, but I specifically asked people to send gifts of $5, $10 and $25. The reason is that even a relatively modest sum by American standards is a considerable sum by Kenyan standards. George Obama has said that he is living on a dollar a month. This seems an impossible sum to survive on, so I checked the poverty line in Kenya. According to United Nations estimates, it’s around $100 a year. By this measure, our little fund has provided for George for 20 years.
http://countusout.wordpress.com/
Chicago Sun Times April 28, 2008
But a letter obtained by the Chicago Sun-Times shows that until the end, Pritzker appeared to be taking a leadership role in trying to revive the bank with an expanded push into subprime loans.
Pritzker wrote in May 2001 that her family was recapitalizing the bank, and she pledged to “once again restore Superior’s leadership position in subprime lending.” The bank shut down in July 2001.
http://preview.tinyurl.com/3no9g6
McCain: “Deeply uncomfortable” about administration plan
http://www.politico.com/blogs/jonathanmartin/
I live in CT and, as a constituent of Dodd’s, I wrote him a long time ago and more than once about HIS refusal to investigate hedge funds. I also asked him to work on reigning in credit card and mortgage companies. He never responded and never did anything on these issues. Now for him to make it sound like this mess is all the regulators’ fault is really cowardly and hypocritical. He has received both campaign contributions and a “special” mortgage rate from the banking and finance industries. He is not one to be pointing any fingers….
Last Year’s Big Five Wall Street Bonuses
How the Democrats Created the Financial Crisis:
http://www.bloomberg.com/apps/news?pid=newsarchive&sid=aSKSoiNbnQY0
I finally took a look at our investments a couple of days ago…they have been in a steady decline since January.
Since the dems have been in control of Congress since 2006, my disagreement is with them!
Senator Dodd got his “courtesy” sweetheart loan rather than doing his job!
I will remember!
This is a very important piece. Great reporting. It occurred to me that WE are the serious news reporters of 2008!
I am currently penning a few ideas for a couple of 527 ads, one directed towards PUMAs, and the other addressing properly the facts on how deeply Obama is connected to the Wall St. crash. If anyone here at No Quarter knows how much the CEOs from the following companies made last year, I’d love to hear from you. The company CEOs I need the facts on are for: Fannie Mae, Freddie Mac, Goldman Sachs, Lehman Brothers, Bear Stearns, AIG, Countryside Financial and Washington Mutual.
This an important talking point that I am using with people in my neighborhood, while I’m out campaigning, my letters to the Editors of newspapers, and hopefully I will be able to convince some backers to make an ad, as well. I believe this issue and which candidate is the one America believes can help us the most is going to be the ultimate deciding factor.
I saw McCain at an Irish-American rally in Scranton that was being played on Fox, and he sounded good. I missed last night’s 60 minutes though, wish I’d known it was on the economy with both candidates.
I’m not sure why I can’t post anymore, but I wanted to say that back in 1999, I worked in financing home mortgages. I quit my job because of this kind of mess. We were encouraged to offer home loans to people who couldn’t really afford them. All they had to do was to produce 12 months of rent receipts. Now mind you, those could be written on anything and by anyone, they weren’t checked. I walked out of the job because we were giving loans to people who I knew personally couldn’t afford them. And yet we were turning down people who could but had a problem in the past with maybe medical bills. But because they showed up on their credit records, and they were paid, we wouldn’t help them get the loans. They had jobs that paid well but were dinged because of medical bills and yet we would give out loans to people who didn’t have to verify their income, didn’t have a credit history. Like I said, I walked out. Went in one day, took all my stuff and they asked where I was going and I said I couldn’t be a part of this. It was going to come back and bite us. That was in July 1999, before Bush was in office. Do I blame Clinton then? No, I blame greed, in my own office, in the government and for those who couldn’t afford the house on their own.
well, no wonder Obama works with Pritzker…doesn’t he describe himself as owing lots of money, all sorts of credit troubles, so he probably should be considered as getting subprime loans for the two places he and Michelle have owned, the condo and the R(ezko)esidence.
i’m Barack Obama and i’m ordering subprime for all courtesy of the American taxpayers!
Now let me see if I can get this right. Banks, investment banks, the Black Caucus, and the selected one (there are probably others that have not been revealed yet) decided to push on sub-prime mortgages so that people would have homes. In addition, Penny Pritzker, the chief fundraiser for the selected one, owned the Superior Bank of Chicago. The Superior Bank of Chicago, a chief architect of sub prime mortgage, went belly up in 2001. No bells or whistles were rung in the minds of these great economic architects that perhaps their economic model of home ownership was not viable. Instead the heads of Freddie Mae and Freddie Mac under the leadership of Daniel Mudd and Jim Johnson, worked to keep making sub prime loans See: http://www.youtube.com/watch?v=-bLFPjLaXPM&feature=related. To do so they misstated the financials of these companies.
Then investment banks bought these sub-prime loans, packaged them into neat bundles, and sold them to investors. These investors bought them up because, after all, these sub-prime loans would soon be making 14% (give or take a few percentage points). The investment banks did so without investigating where people were going to get the money to repay the loans. Instead, they counted on the price of the house continuing to go up. That way people could refinance and get money to pay their mortgages. Then the housing market crumbled and the money was not available to continuously refinance and a financial crisis emerged. Now, because of the stupidity and greed of the people who brought us sub-prime mortgages and packaged them up to sell to investors, the American taxpayer is meant to bail them out and so without any accountability or oversight. This almost sounds like a grand Ponzi scheme.
John McCain is right. This wonderful bail out scenario should be posted on the Internet so we can all read it. We need to keep liquidity in the banking system and protect the pensions of millions of workers. Is bailing out the investment banks that helped create this mess the way to do it? We also need to find out if this money helps the investors or helps the people in distress who are losing the homes they cannot afford. The markets function best when they are transparent. Time is critical but so is transparency of this transaction.
This seems to be the current republican project: blaming democrats for their own legislative screw ups.
It’s a hard sell, because the deregulation that caused the financial crisis can be traced directly back to specific republican legislation. Once you know the legislation that created the situation you can take a look at the vote count. And hey, what do you know! The republican majority voted the legislation into law against strong democratic opposition.
In addition to deregulating via legislation, the republicans also appointed the regulators.
They set the store rules, and then they minded the store. Now they’re pointing fingers across the aisle, and blaming a guy who wasn’t even in the Senate at the time to vote.
Like I said: It’s a hard sell. Recent polls suggest that the public may not be buying it.
Gramm-Leach-Bliley Financial Services Modernization Act, Pub.L. 106-102: Only 1 democrat voted YEA; 39 voted NAY.
http://www.govtrack.us/congress/vote.xpd?vote=s1999-105
The Commodity Futures Modernization Act of 2000 became law as part of H.R. 4577, the Consolidated Appropriations Act of 2001: Only 7 democrats voted YEA; 30 democrats voted NAY.
http://www.govtrack.us/congress/vote.xpd?vote=s2000-171
Those critical pieces of financial deregulation were passed into law by the republican majority, against strong democratic opposition. McCain economic advisor Phil Gramm was the motive force behind both of them.
if obama wins, for sure penny will be a force. She got dollars in her mind. Invest something and reap tenfold after the suckers bite. Dollars, dollars, dollars. Don’t care about people who can not pay. Don’t even care about USA.
Truthteller, if you are also truthteller007, your blog was the first that I read with pleasure. I was disappointed when the website disappeared (I forgot where I read you) and wondered what happened. Then I searched for other blogs and found NQ and then others. I am glad you post here. I am a regular reader of NQ, the first website that I open when I turn on my computer though not a regular poster.
Looking forward to your other posts.
This is shocking stuff. How did Obama get this far wihtout being called on any of it?
Obama rails against excesses of the financial institutions on the campaign trail but he forgets to mention that three of his top campaign advisers, including Penny Pritzker, were the biggest looters in the failure of the subprime loan market. And Obama in his four short years has taken more campaign cash from Fannie and Freddie that any other member of the Congress and the Senate except Obama supporter Senator Chris Dodd.
Franklin Raines former CEO of Fannie Mae is Obama’s Chief Financial Advisor. Raines raked in over 25 million annually from Fannie Mae while seeding it’s collapse. After being forced from Fannie Mae due to an accounting scandal not unlike ENRON, Raines now provides Obama with financial and mortgage advice.
Jim Johnson, another former Fannie CEO, and a recipient of below market rate mortgages as “a friend” of subprime lender Countrywide, was tapped by Obama to head the search and vetting for Obama’s VP.
http://www.youtube.com/watch?v=usvG-s_Ssb0
http://www.youtube.com/watch?v=Aq7DGTggpx0
Franklin D. Raines agreed to a multimillion settlement with a federal regulator, the Office of Federal Housing Enterprise Oversight, over his responsibility for improper accounting at the mortgage finance giant Fannie Mae. In court papers, the agency said Mr Raines was unjustly enriched.
http://voices.washingtonpost.com/washbizblog/2008/04/regulator_to_dismiss_charges_a.html
Raines failures at Fannie Mae earned him the not so coveted “Worst Manager of the Year” award from Business Week on January 10th, 2005. http://www.businessweek.com/magazine/content/05_02/b3915646.htm
Penny Pritzker, Obama’s Campaign Finance Chair, who as the CEO of Superior Bank of Illinois, was a pioneer in the subprime market. Her Superior Bank was shut down in 2001 by the FDIC after it had lost nearly all of its more than $2 billion of assets on bad loans to high-risk borrowers, federal regulators said.
http://blogs.suntimes.com/sweet/2008/04/obamas_billionaire_finance_cha.html
And, Sen. John S. McCain said on the senate floor in May, 2006: “I join as a cosponsor of the Federal Housing Enterprise Regulatory Reform Act of 2005, S. 190, to underscore my support for quick passage of GSE regulatory reform legislation. If Congress does not act, American taxpayers will continue to be exposed to the enormous risk that Fannie Mae and Freddie Mac pose to the housing market, the overall financial system, and the economy as a whole.
I urge my colleagues to support swift action on this GSE reform legislation.”
Obama voted against the legislation.
Obama and his team will never be known as “The Best and the Brightest”.
Obama supporters are quick to say “This is no worse than John McCain’s involvement with Lincoln Savings, John Keating, and McCain’s role in the “Keating Five”. The difference is, no one from Lincoln Savings, including John Keating ever served on John McCain’s election campaigns. And, John McCain donated all money contributed by Keating, his relatives, and his employees to the US Treasury.
John McCain requested that Federal Banking Regulators give Keating and Lincoln Savings a fair hearing, and make sure they were treated with due process by the regulatory agency. McCain specifically told regulators “I wouldn’t want any special favors for Keating or Lincoln Savings” and “I don’t want any part of our conversation to be improper”.
The Senate Ethics Committee probe of the Keating Five began in November 1990, and committee Special Counsel Robert Bennett, a Democrat, recommended that McCain and Ohio Senator John Glenn be dropped from the investigation.
In February 1991, the Senate Ethics Committee exonerated McCain and Glenn, saying “McCain and Glenn attended the meetings but did nothing to influence the regulators” and declared his actions were not “improper nor attended with gross negligence.”. McCain contributed $112,000 (the amount raised for him by Keating) to the U.S. Treasury. http://www.slate.com/id/1004633/
What has Obama done with the money raised by Pritzker, Raines, and Johnson?
Instapundit links to this Wall Street Journal item suggesting Obama may have some explaining to do given his position on the Sub-prime lending crisis. His national campaign-finance chairwoman, Penny Pritzker, headed a bank which helped to fuel the crisis and was also guilty of predatory lending practices. Now, here’s something of a kicker. From her website:
TransUnion: Ms. Pritzker is chair of TransUnion, a global leader in credit data information services.
Even assuming she wasn’t Transunion’s chair while heading Superior, can you think of a better way to identify people ripe for predatory lending, than by having close ties to one of the big three credit data services? In essence, one business relationship lent money to people with bad credit, while the other was responsible for identifying those very people for would be lenders, or extenders of credit. I smell a rat and this one ain’t named Rezko.
Finally, what qualifies her to chair Transunion? She’s good at identifying individuals who are credit risks because she loaned them a ton of money over the years??? Hmm….
During this time, according to the Journal, Superior funded more than 6,700 new subprime loans worth more than $550 million. Most of these loans were subsequently sold to another bank. The problems was, many of these loans suffered from the same deficiencies as other subprime loans - unqualified borrowers, inflated appraisals, and inadequate verification of borrowers’ incomes.
The WSJ states, “Hundreds of borrowers who took out Superior subprime loans on the FDIC’s watch - some with initial interest rates higher than 12 percent - have lost their homes to foreclosure.” The FDIC stopped funding new Superior loans in early 2002 and closed the lending operation by mid-year.
http://www.riehlworldview.com/carnivorous_conservative/2008/07/penny-pritzker.html
Brilliant analysis Truth Teller. It is so insulting to the American people that we cannot get any coverage of this in the MSM. This woman left so many without their life savings while Obama stands up there and claims to be for the “folks”
Thanks for writing this and for all the additional links. Some of us want factual real information on Obama and his connections. I’m going to direct people in my email over here to read this and send a link to local press in swing states too.
John McCain should expose obama for what is really is. A liar,a thief,and a cheat. PLEASE WAKE UPPPP AMERICANS obama won’t even help his brother and you really think he’s going to help the so called middle class people like you and me, I seriously doubt it.That’s all he kept saying in his debate with McCain ,’I will do every thing for the middle class people’.This is what he’s saying and i just can’t believe any of it because he won’t and has’nt even helped his own flesh and blood.To me he just showed his TRUEEE COLORS.Penny Pritzer deos that ring a bell an obama big time backer and the personal down fall of americas biggest problem right now. this should send SHOCK WAVES throughyour core.