Since when did opinion articles become “breaking news?”LOL!
It helps to have FRiends in high places! :o)
Ann Coulter, with some guy from Fresno
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
Good list.
One to add would be:
In anticipation of cap and trade passing, which financial institution bought 10% of the Chicago exchange that will rake in incredible profits trading carbon credits?
Since when did opinion articles become “breaking news?”
“Except that McCain is not really a republican...”
Right, but try convincing the rest of America of that. McLame needs to exit, stage left...
I wish Ann would deliver her essays on Youtube, in person. ... And one other thing: it isn’t crony capitalism, it’s fascist plotting.
: > )
Since when did opinion articles become “breaking news?”LOL!
It helps to have FRiends in high places! :o)
While foreclosing the possibility of opening up US coastal areas for oil exploration, Congress has authorized a $2 billion loan to Petrobras to explore their continental shelf for petroleum.
The benficiary: China.
PBR’s main stockholder: George Soros
That's Obama paying off his Markist Communist benefactor for getting him elected
Offshore drilling in Brazil financed with our tax dollars, benefiting Communists...good
Offshore drilling in the USA benefiting Amreicans....BAD
Ann is just trying to make herself look cool by hanging around that Thompson fella.
You said exactly what I was thinking, BP. Coulter nailed it — she hit it out of the park. I heard Rush mention this today, but this clearly shows the anti-conservative immorality of this specific act of cronyism.
I bet Rush will slap his forehead: “It was on the tip of my tongue!” [He was probably her inspiration on this though.]
But, I prefer THIS, more cerebral, photo of Ann:
:o)
I heard Rush mention this today...I understand that Rush and Ann are friends.[He was probably her inspiration on this...]
And, as they say, "Great minds think alike."But, I am fairly certain that Ann's deadline for this week's column was BEFORE Rush's show aired today.
..and she loves the Grateful Dead. Wooooo.
Right ON!
..and she loves the Grateful Dead.Aye, that she does!Wooooo.
Right ON!
From the "Photo Gallery" at anncoulter.com:
Young "Dead Head" Ann, in Berlin
Oh? I apologize if so. But her take makes it clear regardless.
And, either way, they make a GREAT team!From jeff-fukuoka.blogspot.com:
Friday, March 9, 2007Review: The Half Hour News Hour on Fox, Episode 2
[May 1st, 2009- Rush Limbaugh has become President of the United States, with Ann Coulter serving as VP]
RUSH: "We have just completed the first 100 days of our administration executing the office flawlessly. 0 mistakes. Let's take a look at our report card so far, I have it right here...heh heh, what do you know, Straight A's! We've excelled in EVERY conceivable area. Employment- 100%. Inflation- 0.
COULTER: And tell them about that "foreign" stuff
RUSH: Yeah. Peace between the Israelis and Palestinians. Bin Ladin- Dead. Al Quaeda- rolled up. North Korea- No more nukes...
Ann was on the "1/2 Hour News Hour" with Rush TWICE.
The actual VIDEOS can be found here:
http://www.youtube.com/watch?v=F49e64yq8lIand here:
http://www.youtube.com/watch?v=RRxFjf40xbI
Careful. The pics that show off her Adam’s Apple tend to get deleted around here...
The USS Kenyan Fraud is taking on water one year into his already disastrous Manchurian Presidency.
He'll never make it to port.
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