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Old 01-14-2011, 10:37 PM
 
Location: the very edge of the continent
89,007 posts, read 44,813,405 times
Reputation: 13704

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...to continue the taxpayer money giveaway to the banksters. And add on top of that the destruction of states' rights and homeowners' contractual rights.

Quote:
We’ll analyze a proposal to fix the foreclosure mess put out by a DC think tank known as Third Way.

...Third Way is an influential think tank whose board is composed of a special Wall Street-type – the Rubin Democrat. These people sit at the nexus of politics and finance, and are conduits for big bank friendly information flow into the administration and Congress. The President of the think tank, Jonathan Cowan, was the Chief of Staff for Andrew Cuomo at HUD in the 1990s, and Third Way is well known in policy circles for delivering ‘politically safe’ and well-packaged conventional wisdom. Oh, and one more thing – the new White House Chief of Staff Bill Daley, who just left the most senior operating committee of JP Morgan, was on their Board of Directors.

...Their proposal, not surprisingly, is yet another bailout.
The big difference between the original and the new, improved version of the bailout model is that the payouts to the banks were at least in part visible the first time around. This is an effort yet again to spare the banks any pain, not only at the cost of the rule of law but also of investor rights.
This proposal guts state control of their own real estate law when the Supreme Court has repeatedly found that “dirt law” is not a Federal matter. It strips homeowners of their right to their day in court to preserve their contractual rights, namely, that only the proven mortgagee, and not a gangster, or in this case, bankster, can take possession of their home.
DC Puts Its Bankster-Friendly Solution for Foreclosure Fraud on the Table

Obama and this admin are corrupt beyond belief.

Obama and crew are helping the banks circumvent the precedent set by the MA Supreme Court decision: Banks Lose Pivotal Foreclosure Case in Massachusetts High Court - Bloomberg

Is this the 'Hope and Change' you voted for?
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Old 01-15-2011, 03:25 AM
 
20,329 posts, read 19,921,823 times
Reputation: 13440
Quote:
InformedConsent;......Is this the 'Hope and Change' you voted for?
Face it. Waaaay too many Americans outside of IL had absolutely any clue as to how things roll with the Cook County political machine.

No surprises here for those of us that did.
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Old 01-15-2011, 03:47 AM
 
Location: Texas
14,076 posts, read 20,528,322 times
Reputation: 7807
What Daly's arrival, and the departure of other insiders, really means is that the President incorrectly read the results of the last election and is basically letting the Clinton's tell him what to do.

Obama and his advisor's thought the election was over policy and that he just hadn't done a good enough job explaining them, so they're turning to those who successfully sold Bill Clinton for two terms, hoping they can work their magic for Obama.

But, the election wasn't about policy; it was about Obama himself. Because the President never defending himself from the flood of outrageously lying emails and fraudulent claims made on talk radio and TV which have bombarded us all for the past two years, the GOP controlled the debate and they made it about the President himself. They will make 2012 about him too, so Team Obama is preparing to meet the wrong attack, using the wrong operatives and surrendering the administration to his arch rival, Hillary Clinton.

What we as voters have to understand to sort all this out is that when it comes to what they do while in power, there is no difference between a Clinton Democrat and a Bush Republican. None at all. Check it out yourself and you'll see that both factions are firmly in the back pockets of global corporations and have used the power of the federal government to kow tow to China, shift money from the Treasury to corporations, raised the level of police surveillance of our citizens and claimed more and more power for the Executive Branch.

What this on-going process of Obama advisors out/Clinton advisors in really indicates is that those global corporations who have been raping us for 30 years are positioning themselves to control both sides of the next election, just as they've done since 1984 (with the exception of 2008) and will win at our expense no matter which candidate or party we vote for.

By the way, the new head of the RNC is another indication that this process is affecting both parties. He's a long-time GOP insider whose gone through the revolving door between the party and global corporations more than once and he was backed for that new position by Haley Barbour. The election of the new RNC leader was a back door, insider fight for control of the party between Barbour, who represents the old guard Neo-Cons, and John Boehner, who owes his position to the Tea Party radicals and was pushing his own woman for the job. Boehner and the Tea Party lost, so the Neo-Con's are assured control of the next election battle.
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Old 01-15-2011, 08:10 AM
 
Location: the very edge of the continent
89,007 posts, read 44,813,405 times
Reputation: 13704
Quote:
Originally Posted by stillkit View Post
What Daly's arrival, and the departure of other insiders, really means is that the President incorrectly read the results of the last election and is basically letting the Clinton's tell him what to do.

Obama and his advisor's thought the election was over policy and that he just hadn't done a good enough job explaining them, so they're turning to those who successfully sold Bill Clinton for two terms, hoping they can work their magic for Obama.

...What we as voters have to understand to sort all this out is that when it comes to what they do while in power, there is no difference between a Clinton Democrat and a Bush Republican. None at all. Check it out yourself and you'll see that both factions are firmly in the back pockets of global corporations and have used the power of the federal government to kow tow to China, shift money from the Treasury to corporations, raised the level of police surveillance of our citizens and claimed more and more power for the Executive Branch.
The additional aspect here is that on top of what you mention above, Obama has been the banksters' puppet all along. Look at Geithner, who let this all happen on his watch at the NY Fed, is a chief architect of the bankster giveaway - the bailout bill/TARP*, and then Obama goes and makes him his Treasury Secretary.

*See Dylan Ratigan's explanation of how Goldman Sachs reaped additional billions of dollars of profit off of TARP:


http://www.youtube.com/watch?v=U8PdOxa0seE


Quote:
What this on-going process of Obama advisors out/Clinton advisors in really indicates is that those global corporations who have been raping us for 30 years are positioning themselves to control both sides of the next election, just as they've done since 1984 (with the exception of 2008) and will win at our expense no matter which candidate or party we vote for.
You are completely missing the boat. Keep your eye on Wall Street. Matt Taibbi knows; this massive giveaway to Wall Street has been going on since day 1 of the Obama admin: Obama's Big Sellout: The President has Packed His Economic Team with Wall Street Insiders | CommonDreams.org
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Old 01-15-2011, 10:09 AM
 
Location: Texas
14,076 posts, read 20,528,322 times
Reputation: 7807
Quote:
Originally Posted by InformedConsent View Post
The additional aspect here is that on top of what you mention above, Obama has been the banksters' puppet all along. Look at Geithner, who let this all happen on his watch at the NY Fed, is a chief architect of the bankster giveaway - the bailout bill/TARP*, and then Obama goes and makes him his Treasury Secretary.

*See Dylan Ratigan's explanation of how Goldman Sachs reaped additional billions of dollars of profit off of TARP:


http://www.youtube.com/watch?v=U8PdOxa0seE


You are completely missing the boat. Keep your eye on Wall Street. Matt Taibbi knows; this massive giveaway to Wall Street has been going on since day 1 of the Obama admin: Obama's Big Sellout: The President has Packed His Economic Team with Wall Street Insiders | CommonDreams.org

The massive bail out of Wall St and the big banks was going on before Obama ever walked through the White House door. And, it was done before, decades ago, when our tax dollars flowed like drain water to correct the savings and loan debacle. For those of us who remember our history, we know this isn't the first time we've been ridden in this rodeo and that this President, or his successor, were not the first cowboys to sink a spur into our azz.
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Old 01-15-2011, 10:49 AM
 
Location: the very edge of the continent
89,007 posts, read 44,813,405 times
Reputation: 13704
Quote:
Originally Posted by stillkit View Post
The massive bail out of Wall St and the big banks was going on before Obama ever walked through the White House door.
You're joking, right?

How is it that you are unaware that Senator/presidential candidate Obama negotiated the terms of the bailout bill?
Quote:
"For two weeks, I was on the phone every day with [Treasury] Secretary Paulson and the congressional leaders making sure that the principles that have ultimately been adopted were incorporated in the bill," Obama said.
Candidates say they'll probably support bailout bill - CNN
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Old 01-15-2011, 01:02 PM
 
10,092 posts, read 8,204,237 times
Reputation: 3411
I love this board. The thread directly below this is spouting about how Obama is a communist, and now he's in a conspiracy with the big banks.

sigh...
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Old 01-15-2011, 02:49 PM
 
Location: Raleigh, NC
20,054 posts, read 18,281,090 times
Reputation: 3826
Quote:
Originally Posted by mb1547 View Post
I love this board. The thread directly below this is spouting about how Obama is a communist, and now he's in a conspiracy with the big banks.

sigh...
Corporate fascism for the fat cats, socialist crumbs for the rest of us. Yeah, he can be both.
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Old 01-15-2011, 09:22 PM
 
20,329 posts, read 19,921,823 times
Reputation: 13440
Quote:
Originally Posted by mb1547 View Post
I love this board. The thread directly below this is spouting about how Obama is a communist, and now he's in a conspiracy with the big banks.

sigh...
Why so surprised? They're not mutually exclusive.

Even the former Soviet Union, Cuba, N Korea and other progressive worker's paradises have their wealthy and privileged classes.
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