Shaping up to be the most corrupt
administration in American history:
• Obama’s team: Not the “best of the Washington insiders,” as the liberal media style them, but rather, a dysfunctional and dangerous conglomerate of business-as-usual cronies and hacks
• In the first two weeks alone of his infant administration, Obama had made no fewer than 17 exceptions to his “no-lobbyist” rule
• Why the fact that the massive infusion of union dues into his campaign treasury didn’t trouble him in the least reveals Obama’s credibility as a reformer
• The lack of unprecedented pace of withdrawals and botched appointments -- and how getting through the confirmation process was no guarantee of ethical cleanliness or competence, even as Obama’s cheerleaders were glorifying the Greatest Transition in World History
• Inconsistency: How Obama, erstwhile critic of the campaign finance practice known as “bundling,” happily accepted more than $350,000 in bundled contributions from billionaire hedge-fund managers
• How Obama broke his transparency pledge with the very first bill he signed into law -- helping make hostility to transparency is a running thread through Obama’s cabinet
• Michelle Obama: Beneath the cultured pearls, sleeveless designer dresses, and eyelashes applied by her full-time makeup artist, is a hardball Chicago politico
• Joe Biden: It’s not just that he lies, it’s that he lies so well that you think he really believes the stuff he makes up
• Treasury Secretary Geithner: His ineptness and epic blundering -- including how he nearly caused the collapse of the dollar in international trade with a single remark
• The appalling story of Technology Czar Vivek Kundra, the convicted shoplifter in charge of the entire federal government’s information security infrastructure
• Obama’s “Porker of the Month” Transportation Secretary, Roy LaHood: An earmark-addicted influence peddler born and raised on the politics of pay-to-play
• SEIU: Responsible for installing a cabal of hand-chosen officers who exploited their cash-infused fiefdoms for personal gain and presided over rigged elections -- in the process, becoming all that they had professed to stand against as representatives of the downtrodden worker
• How Obama lied on his “Fight the Smears” campaign website when he claimed that he “never organized with ACORN”
• ACORN: How the profound threat the group poses is not merely ideological or economic -- it’s electoral
• ACORN’s own internal review of shady money transfers among its web of affiliates: How it underscores concerns that conservatives have long raised about the organization
• Liar, liar, pantsuit on fire: How Hillary Clinton has already trampled upon her promise not to let her husband’s financial dealings sway her decisions as Secretary of State
• How even a few principled progressives are finally beginning to question the cult of Obama -- even as Obama sycophants in the mainstream media continue to celebrate his “hipness” and “swagga”
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GET THIS BOOK!
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Obamanomics: How Barack Obama Is Bankrupting You and Enriching His Wall Street Friends, Corporate Lobbyists, and Union Bosses
BY TIMOTHY P CARNEY
Editorial Reviews
Obama Is Making You Poorer—But Who’s Getting Rich?
Goldman Sachs, GE, Pfizer, the United Auto Workers—the same “special interests” Barack Obama was supposed to chase from the temple—are profiting handsomely from Obama’s Big Government policies that crush taxpayers, small businesses, and consumers. In Obamanomics, investigative reporter Timothy P. Carney digs up the dirt the mainstream media ignores and the White House wishes you wouldn’t see. Rather than Hope and Change, Obama is delivering corporate socialism to America, all while claiming he’s battling corporate America. It’s corporate welfare and regulatory robbery—it’s Obamanomics.
Congressman Ron Paul says, “Every libertarian and free-market conservative needs to read Obamanomics.” And Johan Goldberg, columnist and bestselling author says, “Obamanomics is conservative muckraking at its best and an indispensable field guide to the Obama years.”
If you’ve wondered what’s happening to America, as the federal government swallows up the financial sector, the auto industry, and healthcare, and enacts deficit exploding “stimulus packages,” this book makes it all clear—it’s a big scam. Ultimately, Obamanomics boils down to this: every time government gets bigger, somebody’s getting rich, and those somebodies are friends of Barack. This book names the names—and it will make your blood boil.
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Obama Is Making You Poorer—But Who’s Getting Rich?
Goldman Sachs, GE, Pfizer, the United Auto Workers—the same “special interests” Barack Obama was supposed to chase from the temple—are profiting handsomely from Obama’s Big Government policies that crush taxpayers, small businesses, and consumers.
Investigative reporter Timothy P. Carney digs up the dirt the mainstream media ignores and the White House wishes you wouldn’t see. Rather than Hope and Change, Obama is delivering corporate socialism to America, all while claiming he’s battling corporate America. It’s corporate welfare and regulatory robbery—it’s Obamanomics. In this explosive book, Carney reveals:
* The Great Health Care Scam—Obama’s backroom deals with drug companies spell corporate profits and more government control
* The Global Warming Hoax—Obama has bought off industries with a pork-filled bill that will drain your wallet for Al Gore’s agenda
* Obama and Wall Street—“Change” means more bailouts and a heavy Goldman Sachs presence in the West Wing (including Rahm Emanuel)
* Stimulating K Street—The largest spending bill in history gave pork to the well-connected and created a feeding frenzy for lobbyists
* How the GOP needs to change its tune—drastically—to battle Obamanomics
If you’ve wondered what’s happening to our country, as the federal government swallows up the financial sector, the auto industry, and healthcare, and enacts deficit exploding “stimulus packages” that create make-work government jobs, this book makes it all clear—it’s a big scam. Ultimately, Obamanomics boils down to this: every time government gets bigger, somebody’s getting rich, and those somebodies are friends of Barack. This book names the names—and it will make your blood boil.
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Praise for Obamanomics
“The notion that ‘big business’ is on the side of the free market is one of progressivism’s most valuable myths. It allows them to demonize corporations by day and get in bed with them by night. Obamanomics is conservative muckraking at its best. It reveals how President Obama is exploiting the big business mythology to undermine the free market and stick it to entrepreneurs, taxpayers, and consumers. It’s an indispensable field guide to the Obama years.”
—Jonha Goldberg, LA Times columnist and best-selling author
“‘Every time government gets bigger, somebody’s getting rich.’ With this astute observation, Tim Carney begins his task of laying bare the Obama administration’s corporatist governing strategy, hidden behind the president’s populist veneer. This meticulously researched book is a must-read for anyone who wants to understand how Washington really works.”
—David Freddoso, best-selling author of The Case Against Barack Obama
“Every libertarian and free-market conservative who still believes that large corporations are trusted allies in the battle for economic liberty needs to read this book, as does every well-meaning liberal who believes that expansions of the welfare-regulatory state are done to benefit the common people.”
—Congressman Ron Paul
“It’s understandable for critics to condemn President Obama for his ‘socialism.’ But as Tim Carney shows, the real situation is at once more subtle and more sinister. Obamanomics favors big business while disproportionately punishing everyone else. So-called progressives are too clueless to notice, as usual, which is why we have Tim Carney and this book.”
—Thomas E. Woods, Jr., best-selling author of Meltdown and The Politically Incorrect Guide™ to American History
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• Hardcover: 256 pages
• Publisher: Regnery Press (November 30, 2009)
• Language: English
• ISBN-10: 1596986123
• ISBN-13: 978-1596986121
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WHAT DID THE BANKSTERS KNOW ABOUT OUR ACTOR OBAMA THAT WE DIDN’T KNOW?
Records show that four out of Obama's top five contributors are employees of financial industry giants - Goldman Sachs ($571,330), UBS AG ($364,806), JPMorgan Chase ($362,207) and Citigroup ($358,054).
BARACK OBAMA HAS COLLECTED NEARLY TWICE AS MUCH MONEY AS JOHN McCAIN
BY DAVID SALTONSTALL
DAILY NEWS SENIOR CORRESPONDENT
July 1st 2008
Wall Street firms have chipped in more than $9 million to Barack Obama. Zurga/Bloomberg
Wall Street is investing heavily in Barack Obama.
Although the Democratic presidential hopeful has vowed to raise capital gains and corporate taxes, financial industry bigs have contributed almost twice as much to Obama as to GOP rival John McCain, a Daily News analysis of campaign records shows.
"Wall Street wants change and wants a curtailment in spending. It wants someone who focuses on the domestic economy," said Jim Cramer, the boisterous host of CNBC's "Mad Money."
Cramer also does not discount nostalgia for the go-go 1990s, when Bill Clinton led the largest economic expansion in history.
"It wants a Clinton like in 1992, but not a Hillary Clinton," he said. "That's Barack Obama."
For both candidates, Wall Street's investment and banking sectors have become among their portliest cash cows, contributing $9.5 million to Obama and $5.3 million to McCain so far.
It's a haul that is already raising concerns that, as the nation's faltering economy has become issue No. 1, the two candidates may have a hard time playing tough on issues like market regulation or corporate-tax loopholes.
"No matter who wins in November, Wall Street will have a friend in the White House," said Massie Ritsch of the Center for Responsive Politics, which crunched the data for The News.
Wall Street's generosity toward Obama, in particular, would seem to run counter to its self-interests.
In addition to calling for corporate and capital gains tax hikes, Obama has proposed raising income taxes on those earning more than $250,000.
But Wall Street is often motivated by something more than money - winning.
"In general, these are professional prognosticators," said Ritsch. "And they may be putting their money on the person they predict will win, not the candidate they hope will win."
Records show that four out of Obama's top five contributors are employees of financial industry giants - Goldman Sachs ($571,330), UBS AG ($364,806), JPMorgan Chase ($362,207) and Citigroup ($358,054).
McCain's top five include Wall Street's Merrill Lynch ($230,310) and Citigroup ($219,551).
Obama's Wall Street haul is not the biggest ever. That distinction belongs to President Bush, who as an incumbent in 2004 raised $10,852,696 from Wall Street interests through April that year - about $1 million more than Obama.
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Obama admin asks Supreme Court to stop AZ from enforcing illegal alien law
By Pete Yost May 29, 2010 4:00 AM
WASHINGTON (AP) - The Obama administration on Friday urged the Supreme Court to prevent Arizona from enforcing a law that punishes businesses that employ illegal immigrants, arguing that federal immigration law trumps state efforts.
The administration's views, contained in a new filing at the high court, are similar to concerns President Barack Obama has expressed about a new Arizona law that cracks down on illegal immigrants.
When it takes effect July 29, the new law will require police enforcing any other law to examine immigration status if there is reasonable suspicion a person is in the country illegally.
Obama and other administration officials have illegal immigration is an issue that must have a national solution rather than being addressed on a piecemeal basis by the states. The Obama administration is contemplating a court challenge to the new law. Justice Department officials met face-to-face with Attorney General Terry Goddard and aides to Republican Gov. Jan Brewer to elicit information from state officials regarding the Obama administration's concerns about the new law.
In asking the Supreme Court to take the employer sanctions case, the Obama administration said federal immigration law expressly pre-empts any state law imposing sanctions on employers hiring illegal immigrants. The administration added that if Arizona businesses knowingly use illegal immigrants, the businesses can have any of their state licenses suspended or revoked.
Lower courts have said that the Arizona law is not pre-empted by the federal law. That should be reversed, acting Solicitor General Neal Katyal said in the Supreme Court filing.
The Arizona law disrupts "a careful balance that Congress struck nearly 25 years ago between two interests of the highest importance: ensuring that employers do not undermine enforcement of immigration laws by hiring unauthorized workers, while also ensuring that employers not discriminate against racial and ethnic minorities legally in the country," Katyal wrote.
Phoenix attorney Julie Pace, representing the trade associations that are challenging the Arizona law, called the Obama administration's position "good news that the federal government has gone on record supporting the legal challenge to the constitutionality" of the Arizona law.
Read more: http://www.gopusa.com/news/2010/05/obama-admin-asks-supreme-court-to-stop-az-from-enforcing-illegal-alien-law.php#ixzz0pQIzcrAh
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