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Posts Tagged ‘crony capitalism’

Sarah Palin Message to Grizzly Fest – Revisited

Posted by Roderic Deane on July 24, 2012

This is as relevant today as it was back in February. Time tells us that certain truths don’t change. Governor Sarah Palin’s message is one that stands the test of time. Consider all that has happened since the time she left this message until today. Enjoy!

Hat tip: The Grizzly Coalition

Cross-posted from RodericDeane.com

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Gov. Palin: $20 Million Contract for Obamacare Propaganda is Crony Capitalism on Steroids

Posted by Dr. Fay on May 23, 2012

Governor Palin talked to Greta Van Susteren  On The Record last night.  Greta asked her opinion on the $20 million contract HHS has awarded a PR firm to promote and explain Obamacare.  They both agreed that this should not be done before the Supreme Court’s decision on the constitutionality of Obamacare,  a decision that should be forthcoming in about 4 weeks.  Governor Palin described the propaganda piece as  “one of the stupidest things I’ve heard coming out of the Obama administration.”   She thought that it probably violates procurement  and other laws pertaining to government contracts.   She said the “head honchos” of the firm awarded the contract are Obama surrogates and that the contract is “payback for their support of Obama”.

Gov. Palin  responded to Greta’s question about Biden’s accusation of the Tea Party Congressment as “obstructionists” by  saying that the Tea Party fiscal conservatives’ goal is to obstruct more government growth and to awaken America to the road to bankruptcy that Obama and Biden have us on.    Asked about the Texas race, she predicted that Ted Cruz would win.  At that point, she announced her endorsement of Senator Orrin Hatch in Utah and referred to him as “Mr. Balanced Budget.”   She also predicted that Governor  Scott Walker will win in Wisconsin and that Wisconsin will be just fine because of his leadership.    Gov. Palin further predicted that the outcome of the June 5 election in Wisconsin will be indicative of how the state will vote in the general election.

Read the full transcript of Gov. Palin’s OTR interview here.

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Palin: Grizzly Fest Winter Summit Message

Posted by Jackie Siciliano on February 27, 2012

Governor Sarah Palin recorded a special message for the February 25th Grizzly Winter Summit and as always, her words were energizing, motivating and encouraging.

 

The theme of the day was “Sudden and Relentless Reform” with special guests who are committed to real change and exposing crony capitalism.  Special guest segments can be found here.

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Mr. Smith Goes to the Same Old Washington to Throw Them All Out

Posted by Adrienne Ross on December 20, 2011

By Adrienne Ross – http://www.motivationtruth.com

In America By Heart, Governor Palin retells the story of the classic movie, Mr. Smith Goes to Washington. I ran across that account again recently when doing research for my review of Peter Schweizer’s Throw Them All Out. Her second book is filled with substantive, complicated issues, including our Founders, the Constitution, American exceptionalism, common sense conservatism, feminism, family, and faith, among other important topics. Nonethless, in the midst of all these issues of incredible import to our culture as Americans, it is most notable that she would begin this book with a synopsis of a Hollywood movie.

The Governor writes on page 2:

In case you’ve forgotten, Mr. Smith is about an American Everyman, Jefferson Smith, who goes to Washington to fill the Senate seat of a corrupt senator who died in office. The political machine chooses Smith because he is an ordinary man, a nonpolitician, and they think they can control him. But he holds fast to his ideals–the ideals of the American founding–and eventually defeats the machine. The movie was made in 1939, but its message is timeless: there may be corruption in politics, but it can be overcome by decent men and women who honor America’s founding principles, the way the American people do.

[...]

Jefferson Smith loves the words of the Declaration of Independence, not because he’s mindlessly pro-American, but because, as he says, “behind them, they…have a little bit of plain, ordinary, everyday kindness and a little lookin’ out for the other fella, too.” He understands that those words are a gift, not just to Americans, but to all humanity. But that gift is being corrupted by special interests and forgotten by Washington.

[...]

Americans love Mr. Smith Goes to Washington because it’s about an ordinary man who stands up to power and says, We’re taking our country back.

Having never seen the movie, her words, combined with Schweizer’s book, which uncovers the corruption so prevalent in Washington today, sparked a desire to see it for the first time, and so I did. It could have easily been a book set in 2011. The graft we see today in Congress–the so-called honest graft that Governor Palin has been highlighting and railing against recently–was as real and tangible at that time as it is today. Corruption is nothing new, and it’s not confined to one particular side of the aisle.

On page 261 of America By Heart, the Governor writes:

There’s plenty of blame to go around for how we got here. Americans know in their hearts that both political parties are at fault. Both parties contributed to the overspending and government growth that is robbing our children of their future. Worst of all, both parties are part of the Washington culture of entitlement. This is the corrupt mind-set that has members of Congress writing tax laws for the rest of us, but failing to pay their own taxes, and crooked legislators being caught with their fingers in the till, refusing to live by the same laws and standards as the people who pay their salaries.

For those who know the movie, Mr. Smith, played by James Stewart, managed to win a battle on the floor of the Senate; however, the battle for ethics in government continues to this day. If it were just a movie showing good triumphing over evil, that would be inspirational, but knowing the movie is just as relevant over 70 years later makes it a resounding call to action, and makes it all the more clear why Governor Palin is committed to helping usher in the “sudden and relentless reform” for all of America that she helped bring to Alaska.

To summarize, Jefferson Smith writes a bill for a government loan to build a national boys’ camp. The loan will be paid back through donations, and is highly popular. The problem is his plan steps on the graft scheme of corrupt politicians, which he soon discovers. He quickly becomes the enemy of what they assumed would be an easy opportunity to line their own pockets, and they will stop at nothing to remove this threat and destroy his credibility. He responds:

Mr. President, I stand guilty as framed because section 40 is graft! And I was ready to say so. I was ready to tell you that a certain man in my state, a Mr. James Taylor, wanted to put through this dam for his own profit, a man who controls a political machine, and controls everything else worth controlling in my state. Yes, and a man even powerful enough to control Congressmen–and I saw three of them in his room the day I went up to see him.

Though not the same scenario, the scheme in Jefferson Smith’s day to capitalize personally off land brings to mind what Peter Schweizer discusses in his chapter, “This Land is My Land.” He writes on pages 54-55:

Members of Congress have used federal earmarks to enhance the value of their own real estate holdings in several ways: by extending a light rail mass transit line near their property, by expanding an airport, or by cleaning up a nearby shoreline. Federal funds have been used to build roads, beautify land, and upgrade neighborhoods near commercial and residential real estate owned by legislators, substantially increasing values and the net worth of elected officials, courtesy of taxpayer money. Not only is this legal–by the bizarre standards of the Permanent Political Class–it’s also deemed “ethical.”

He names Congresswoman Nancy Pelosi, Congressman Bennie Thompson, Senator Charles Schumer, and (then) Senator Hillary Clinton, among many others, who have used earmarks to profit personally, and on pages 68-69, he writes:

Leveraging your power for a land deal is one of the best paths to honest graft.

[...]

But there can be little doubt that the political class is the only group of people in America who can get away with using taxpayer money to increase the value of their real estate, while declaring they are doing it in the public’s interest.

Again, different set of circumstances, but definitely the same spirit.

Even in 1939, the media played a large role in setting the narrative against the anti-establishment. Jefferson Smith’s good name was smeared through the help of the lamestream media, though, of course, that term wasn’t used. The media refused to report the truth or simply made things up. To boot, efforts to spread the truth by his young supporters resulted in vicious attacks upon the children. It sounds all too familiar, doesn’t it?

Mr. Smith went to Washington to make a difference, but the people weren’t ready for the “sudden and relentless reform” he embraced. They deemed him unsophisticated, unqualified, and unimpressive. No doubt, he would have embraced the words Governor Palin so passionately spoke during her RNC speech:

I’m not going to Washington to seek their good opinion. I’m going to Washington to serve the people of this country. Americans expect us to go to Washington for the right reasons, and not just to mingle with the right people.

The same need exists in 2011. Crony capitalism, insider stock tips, land deals, and corruption of every kind must continue to be highlighted, and it needs to be stopped in its tracks.

America needs more people like Jefferson Smith, in whatever capacity they chose to effectively lead, who are willing to lay themselves down, to spend themselves, to be the voice crying in the wilderness–not for personal aggrandizement, but for a pure respect for what’s right. America needs more people like Mr. Smith who love the history of our country, who stare in awe at the Capitol Dome every time they see it, and who feel like ants when standing before the Lincoln Monument. In other words, America needs more people who choose to operate from a servant’s heart. In addition, America needs more people like Mr. Smith who, when faced with a threat to American decency and truth, aren’t afraid to call it like they see it, take on the establishment, and fight to the end to make sure corruption and greed don’t succeed in destroying the future we desire for our progeny.

Now that I have read Throw Them All Out and watched Mr. Smith Goes to Washington, I’m not at all surprised that Governor Palin has asked us all to read the book and has named the film one of her favorites. Together, they shine a light on the ongoing battle for the moral, fiscal, and constitutional soul of America. It will, no doubt, be a tough challenge, but it’s one that’s worth it. The Governor is much like Mr. Smith in many ways, and like him, she loves this country, our history, and our potential–and she has given more than most to preserve its greatness for those yet to be born.

As Jefferson Smith states:

I want to make that come to life for every boy in this land. Yes, and all lighted up like that, too! You see, you see, boys forget what their country means by just reading “the land of the free” in history books. And they get to be men – they forget even more. Liberty’s too precious a thing to be buried in books, Miss Saunders. Men should hold it up in front of them every single day of their lives and say, “I’m free to think and to speak. My ancestors couldn’t. I can. And my children will.” Boys [and girls] want to grow up remembering that.

(Cross-posted at MotivationTruth)

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Outing and Throwing Out the Permanent Political Class

Posted by Adrienne Ross on December 14, 2011

By Adrienne Ross – http://www.motivationtruth.com

People are often drawn to others who share the same values, interests, and passion–often referred to metaphorically as a fire in the belly. I am not surprised, therefore, that Governor Palin employs Peter Schweizer as her foreign-policy adviser. His commitment to exposing corruption in government mirrors her own. She, of course, determined years ago that something must be done about it. She took action, even to her own detriment, stating often, “In politics, you’re either eating well or sleeping well.” She continues to choose a good night’s sleep–and apparently so does Peter Schweizer. His new book, Throw Them All Out, outs corruption in Congress that ought to outrage every honest American.

Having just finished the book myself, I encourage everyone to do what Governor Palin asked of us: read the book. On every page, I was doing exactly what Governor Palin is doing in this video from 15:17 – 15:24 as Eric Bolling discusses the issue with her. The unethical behavior these politicians so arrogantly engage in leaves one shaking her head–again and again. I do not consider myself naive, certainly not a utopianist. Nor do I believe that to be the case for most of my fellow Americans, as evidenced by Congress’s dismal (dis)approval rating. However, I was indeed both shocked and appalled as I read. I do expect more from our elected officials. The insider trading and crony capitalism running rampant highlights the key word in the title: they all need to go. There’s a stench emanating from Washington, and it’s not confined to any particular side of the aisle. The Permanent Political Class is not partisan, just pathetic.

Throw Them All Out will educate and irritate, fascinate and frustrate, enlighten and yes, frighten. The idea that those who hoist themselves as representatives of the American people are more committed to enriching themselves than to exemplifying ethical behavior is disheartening at best. Schweizer takes no prisoners, withholds no names, and throws these people under the bus–where they belong.

He is careful to state that the insider trading they participate in is not illegal–for members of Congress, that is. Anyone else who would dare trade on information obtained in private would go to jail, and rightly so. These people, with access to taxpayers’ money, get away with it, however. They benefit personally from it. They very often come to Congress as average, everyday Americans. They leave rich, and they have us and the laws they exempt themselves from to thank for it. Now that a bright light is being shone on it, we must do more than just hope that something will be done. To borrow–and slightly alter–a phrase, we need more than hope; we need change. On page 137 of Throw Them All Out, Schweizer quotes Federalist No. 57:

If this spirit is ever corrupted to the point that it will tolerate a law which does not apply to both the legislature and the people, then the people will be prepared to tolerate anything but liberty.

Governor Palin has been studying this corruption for years, is drawing attention to it, and says it must end. In a Wall Street Journal article that was published on November 18, she states in no uncertain terms:

No more sweetheart land deals with campaign contributors. No gifts of IPO shares. No trading of stocks related to committee assignments. No earmarks where the congressman receives a direct benefit. No accepting campaign contributions while Congress is in session. No lobbyists as family members, and no transitioning into a lobbying career after leaving office. No more revolving door, ever.

What part of “no” do we not understand? I think it’s safe to say she’s prepared to fight.

Furthermore, in USA Today this week, she writes:

Our permanent political class relies on an apathetic and uninformed public to get away with this stuff. But if there is one issue that unites Americans across the political spectrum, it’s absolute disgust with the corruption of our elected leaders. Congress and the White House need to earn the American people’s trust again. We the people are not going to give up until we get the sudden and relentless reform we deserve or, as the book says, “we throw them all out” in 2012.

Governor Palin, of course, knows a thing or two about throwing people out. In Alaska, as chairman of the Alaska Oil and Gas Conservation Commission, she faced the decision of whether to eat well or sleep well when the blatant corruption of Randy Ruedrich, an AOGCC commissioner, led her to make a career-changing choice. On page 96 of Going Rogue, she details the situation:

When [Governor] Murkowski tapped me for the commission, he quickly named me chairman. That meant I also became the ethics supervisor of the staff, a job that turned out to be more than just a compliance title. When a staffer hinted that Ruedrich seemed to spend a lot of time running the Republican Party from his new AOGCC office, plus dealing with GOP operatives as a National Republican Committeeman, I mentioned it to the party boss-slash-commissioner.

Then another problem cropped up: Reudrich involved himself in adjudicating two cases that were closely intertwined with his old Doyon illegal dumping case. Commissioner Seamount and I urged Ruedrich to recuse himself, but he refused. An administrative assistant took me aside to say she suspected Ruedrich of sharing confidential commission information with a coal bed methane company we were supposed to be regulating. She was right: he was passing agency information to the company’s lobbyist.

When Governor Palin’s attempts to handle things quietly didn’t yield results, she did what she had to do to eradicate the corruption. The Going Rogue account continues on page 99:

Nothing happened.

So I had to make something happen. I prayed long and hard. I loved the job. And I had to consider that by making any drastic moves I would be crossing swords with the most powerful men in my own party. My political career would be over. My whole future was before me. But I also knew I couldn’t sit there and be a party to all of this.

I knew what I had to do, so I resigned–stepping away from the ethical lapses and hierarchical blinders to effect change where I could–on the outside.

[...]

Out of a job but sleeping well again, I knew that any shot I might have had to become a GOP insider was gone, which was fine, but I wanted Alaskans to be able to believe in the party ideals again. I knew the GOP planks made the strongest foundation upon which to build a strong state and country.

With this type of record, I have every confidence that what Peter Schweizer’s research has uncovered has placed an even hotter fire in the Governor’s belly. Reading the book should spark one in each of ours as well. From Nancy Pelosi to John Kerry to Dick Durbin to Judd Gregg to John Boehner, Ben Bernanke, Warren Buffett, and on and on, the “honest graft” is dishonorable. The corruption involves various industries, including–but not limited to–energy companies, credit card companies, railroad companies, and banking companies.

And perhaps the most deplorable of all is the involvement of President Obama and his administration. The big favors enjoyed by those who donated big bucks to his campaign speaks volumes and again leaves the reader shaking her head. Meanwhile, he continues with his class warfare campaign and demonization of job creators. Could this be part of the reason Governor Palin called him a “phony”?

Schweizer, on page 150, writes:

In our system of government, the legislative branch polices itself and the President is allowed to skirt conflict of interest laws because, well, he’s the president. It is time for that to change.

I’m looking for the sudden and relentless reform Governor Palin so often talks about. Many of us have been so focused on the 2012 presidential election, but it’s going to take more than that. Replacing President Obama with just another crony capitalist won’t do. What difference does it make whether there’s a ‘D’ or an ‘R’ behind a name, if the game remains the same? After reading this book, I appreciate more what Governor Palin said about changing the entire team, not just the uniform.

Speaking of teams, there seems to be more outrage at unethical behavior in sports than in government. Why isn’t every media outlet incessantly focused on what’s going on, encouraging the passage of these bills Governor Palin wrote about in her USA Today article, and demanding responses from members of Congress? Why do we spend more time discussing betting on games by professional baseball or basketball athletes? Shouldn’t members of Congress be held to an even higher standard? Shouldn’t the money that really belongs to we the people and the integrity of elected office matter? Indeed it should, and it must.

Again, I encourage each person to read Schweizer’s book. Read it, share it, and embrace the anger derived from it. But don’t just get angry. Sudden and relentless reform is needed. I did a lot of shaking of the head and rolling of the eyes as I read, but that simply isn’t enough. The question I’m asking myself now is: “What can you help do about it?” I agree with Peter Schweizer’s words on page 165-66:

If we accept crony capitalism with a shrug and an eye roll, we might as well accept a world of bribery and out-and-out vote buying. Crony capitalism has a corrosive effect on our politics, our economy, and our character. And we don’t have to accept it.

Cross-posted at MotivationTruth

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Palin: Congress, it’s time to stop lining your pockets

Posted by Jackie Siciliano on December 12, 2011

Op-Ed by Governor Sarah Palin for USA Today:

Thanks to the solid new research and recent revelations in Peter Schweizer‘s book Throw Them All Out and the subsequent coverage on 60 Minutes, we have concrete proof to explain how members of Congress accumulate wealth at a rate astonishingly faster than the rest of Americans and have stock portfolios that outperform even the best hedge-fund managers’. (Full disclosure: Schweizer is employed by my political action committee as a foreign policy adviser.)

From sweetheart land deals to initial public offering (IPO) stock gifts to insider trading with non-public government information, the methods of unethical wealth accumulation for our permanent political class are endless. The reaction from the Beltway establishment to the revelations concerning insider trading among members of Congress was predictable. First they denied it, then they dismissed the problem as much ado about nothing. Some said there was no need for new laws or action because the Securities and Exchange Commission could prosecute members of Congress under existing laws against insider trading.

But under current law, there is no way the SEC will ever go after a powerful congressman or senator. The SEC never has, even though insider trading prohibitions have existed since the 1930s. Here’s why: Congress sets the SEC’s budget, and senators approve the head of the SEC. Congress uses its power of the purse strings to threaten federal agencies that get in their way.

For example, in 2006 the FBI got a search warrant from a federal judge to comb former congressman William Jefferson‘s office. The FBI already had evidence that Jefferson was taking bribes. Congress was furious that the FBI would dare search a fellow member’s office. Members claimed the search was unconstitutional. They even threatened to cut the Justice Department‘s budget in retaliation. All this despite the fact that 86% of Americans supported the FBI raid.   More

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Palin: How Congress Occupied Wall Street

Posted by Jackie Siciliano on November 18, 2011

Since Sunday night’s 60 Minutes Episode (clips here, here, and here), the news world has been set on fire with revelations from the book “Throw Them All Out”.  Written by Palin’s foreign policy adviser Peter Schweizer, the explosive “Throw Them All Out” provides documented evidence of our elected officials (AKA permanent political class) enriching themselves at the expense of their constituents. Think about it.  Acting on a stock market trade with insider information would send you or I to jail (think Martha Stewart), yet our members of Congress have a different set of laws that apply to them.  Isn’t that convenient?  These elected officials are privy to all sorts of information allowing them to buy or sell thus giving them the added edge.  In today’s Wall Street Journal op-ed, Sarah Palin again calls for “sudden and relentless reform”.  Governor Palin, I agree.

From The Wall Street Journal:

Politicians who arrive in Washington as men and women of modest means leave as millionaires. Why?

By SARAH PALIN

Mark Twain famously wrote, “There is no distinctly native American criminal class except Congress.” Peter Schweizer’s new book, “Throw Them All Out,” reveals this permanent political class in all its arrogant glory. (Full disclosure: Mr. Schweizer is employed by my political action committee as a foreign-policy adviser.)

Mr. Schweizer answers the questions so many of us have asked. I addressed this in a speech in Iowa last Labor Day weekend. How do politicians who arrive in Washington, D.C. as men and women of modest means leave as millionaires? How do they miraculously accumulate wealth at a rate faster than the rest of us? How do politicians’ stock portfolios outperform even the best hedge-fund managers’? I answered the question in that speech: Politicians derive power from the authority of their office and their access to our tax dollars, and they use that power to enrich and shield themselves.  More

H/T Team Sarah member Sherrie

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Sarah Palin Slams The Obama Regime For Institutionalizing Crony Capitalism

Posted by Gary P Jackson on April 23, 2010

This is gonna leave a mark:

Institutionalizing Crony Capitalism

In the wake of the recent financial meltdown, Americans know that we need reform. Not only have many individuals learned lessons about personal responsibility through this, but we’ve been able to engage in a discussion about government’s appropriate role.

The current debate over financial reform demonstrates what happens when political leaders react to a crisis with a raft of new regulations. First off, the people involved in writing government regulations are often lobbyists from the very industry that the new laws are supposed to regulate, and that’s been the case here. It should surprise no one that financial lobbyists are flocking to DC this week. Of course, the big players who can afford lobbyists work the regulations in their favor, while their smaller competitors are left out in the cold. The result here are regulations that institutionalize the “too big to fail” mentality.

Moreover, the financial reform bill gives regulators the power to pick winners and losers, institutionalizing their ability to decidewhich firms to rescue or close, and which creditors to reward and how.” Does anyone doubt that firms with the most lobbyists and the biggest campaign donations will be the ones who get seats in the lifeboat? The president is trying to convince us that he’s taking on the Wall Street “fat cats,” but firms like Goldman Sachs are happy with federal regulation because, as one of their lobbyists recently stated, “We partner with regulators.”

They seem to have a nice relationship with the White House too. Goldman showered nearly a million dollars in campaign contributions on candidate Obama. In fact, J.P. Freire notes that President Obama received about seven times more money from Goldman than President Bush received from Enron. Of course, it’s not just the donations; it’s the revolving door. You’ll find the name Goldman Sachs on many an Obama administration résumé, including Rahm Emanuel’s and Tim Geithner’s chief of staff’s.

We need to be on our guard against such crony capitalism. We fought against distortion of the market in Alaska when we confronted “Big Oil,” or more specifically some of the players in the industry and in political office, who were taking the 49th state for a ride. My administration challenged lax rules that seemed to allow corruption, and we even challenged the largest corporation in the world at the time for not abiding by provisions in contracts it held with the state. When it came time to craft a plan for a natural gas pipeline, we insisted on transparency and a level playing field to insure fair competition. Our reforms helped reduce politicians’ ability to play favorites and helped clean up corruption. We set up stricter oversight offices and ushered through a bi-partisan ethics reform bill. Far from being against necessary reform, I embrace it.

Commonsense conservatives acknowledge the need for financial reform and believe that government can play an appropriate role in leveling the playing field and protecting “the dynamism of American capitalism without neglecting the government’s responsibility to protect the American public.” We’re listening closely to the reform discussion in Washington, and we know that government should not burden the market with unnecessary bureaucracy and distorted incentives, nor make a dangerous “too-big-to-fail” mentality the law of the land.

- Sarah Palin

Stopping corruption, and having complete transparency in government,  is a subject Sarah Palin knows a little something about. Above she modestly talks about taking on “Big Oil” in Alaska. That was an epic battle!

In fact, Sarah’s successful efforts to stop the cronyism and reform the energy business in Alaska were so impressive Kay Cashman, the publisher and executive editor of Petroleum News, wrote the book entitled: Sarah Takes On Big Oil. This is a must read for anyone who wants to understand the leadership Sarah Palin has exhibited in the area of reforming government and industry. You can pick up a copy from Amazon.com here.

We should also remember that Sarah, while working as the state’s chief energy and environmental regulator, found massive corruption within her own Republican Party. Those included were the party chairman, and a former Attorney General. When she was through fines were paid, and some were trotted off to prison.

Contrast Sarah with Barack Obama. Chicago is world famous for it’s corruption. Being a corrupt Chicago politician is almost a given, especially if one is a member of the democrat party. The guy who is running for Obama’s old seat has Mob connections for God’s sake! While Obama was putting on a dog and pony show today on Wall Street, he was pretty silent all those years when he was in an incredibly target rich environment.

The difference between the courage Sarah Palin shows standing up to corruption vs Obama’s willingness to wallow in it, is breathtaking.

What’s very interesting about the snake oil Obama was peddling today is the fact that as soon as he was done with his circus act, he and his cronies retired to a swanky $30,000 a plate fund raising dinner attended by the same “greedy Wall Street bankers” he had just went off on!

One has to ask what the real end game is here. Is this another Big Government, power grab, where Obama is trying to impress the Castro(s) and the Chavez(s) of the world with the speed he can take over the economy, and turn America into a communist hell hole, a banana republic, or is this a good old fashioned Chicago style shake down, with Wall Street paying “tribute” to the head of this gangster government?

Hard to know, could be a little of both.

Michelle Malkin notes there sure are a lot of ex-Goldman Sachs people now working for the Obama regime:

All the president’s Goldman Sachs men

While President Obama assails the culture of greed and recklessness practiced by the men of Goldman Sachs, his administration is infested with them. The White House can no more disown Government Sachs than Da Boss-in-chief can disown Chicago politics.

Obama is headed to Wall Street on Thursday to demand “financial regulatory reform” — just as the U.S. Securities and Exchange Commission has filed civil suit against Goldman Sachs for mortgage-related fraud. Question the timing? Darn tootin’. There are no coincidences in the perpetually orchestrated Age of O. Everyone from disgraced former New York Attorney General Eliot Spitzer to analysts at the Brookings Institution and Barclays Capital to the GOP leadership and Rush Limbaugh has noted the reeking political opportunism in the air.

As the New York Post reported Tuesday, the Democratic National Committee immediately bought sponsored Internet ads on Google that direct web surfers who type in “Goldman Sachs SEC” to Obama’s fundraising site. “It’s time to hold the big banks accountable,” the money-grubbing DNC message bellows. But just like his crony capitalist predecessor George W. Bush, Obama has relied on Goldman Sachs and Wall Street power brokers to engineer massive government interventions to “rescue” failing businesses with the tax dollars of ordinary Americans.

While irony-challenged Democratic candidates like mob-linked banker Alexi Giannoulias in Illinois (who hopes to fill Obama’s old Senate seat) call on Republicans to return their fat-cat Goldman Sachs donations, the Democrats are silent on the $994,795 in Goldman Sachs campaign cash that Obama bagged. The class-warfare Dems are also mum on all the president’s Goldman Sachs men sitting in the catbird’s seat:

You can read more and check out the updates here.

One of Michelle’s readers asks:

Who made money off SEC/Goldman Sachs announcement?

Reader Daryle wants to know. He e-mails:


On Friday tens of millions of dollars, possibly hundreds of millions were made or lost on Goldman Sachs stock and options.


Friday was option expiry which meant puts and calls, the right to sell or buy Goldman Sachs stocks at preset prices expired. Goldman Sachs puts – the right to sell stock at a set price – increased at some strike prices by more than a hundred fold.


The SEC announcement cause this to happen in the space of two hours. At 12:00 pm Friday trading in April puts and calls ceased trading. Those who sold calls or bought puts before the announcement made big money.


Somebody made at the least tens of millions, probably a lot more because of the announcement.


It would be interesting to know who they were and what they knew in advance.

As the photo on her website suggests, the big benefactor in this whole deal could very well be Nazi collaborator, self-proclaimed “owner of the democrat party” and Obama puppet master extraordinaire: George Soros.

Remember, Soros made his billions by crashing the British pound and has reportedly done very well betting against the American economy since Obama has been in office. Of course who could forget the fact that just three days after Soros purchased controlling interest in Brazilian oil company Petrobas, Obama sent $10 billion down there so the Brazilian oil giant could do more off shore oil exploration. These were ten billion tax payer dollars.

Let us also remember that Obama has also effective shut down all meaningful off shore oil exploration in the United States, even stopping already scheduled lease sales. We absolutely know who this little deal helps!

For a radical Marxist, who continually prattles on about the evils of capitalism, and “rich fat cats” he sure doesn’t have a problem engaging in massive corruption to help out his incredibly rich buddy Soros, does he?

With apologies to Winston Churchill, Obama is a riddle, wrapped in a mystery, inside an enigma. This is why he is so hard to pin down. Is he a radical communist bent on destroying America and the American way by any and all means possible, or is he Chicago street thug…a two bit gangster…an incredibly corrupt human being who is on the take?

I’d have to say: Yes!

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