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(Townhall)   It's time for the Romney campaign to educate voters about all the shady financial institutions embraced by Democrats right here on American soil   (townhall.com) divider line 84
    More: Sad, Democrats, American soil, Americans, Alexi Giannoulias, financial institutions embraced, Tony Rezko, accounting scandals, veto power  
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1827 clicks; posted to Politics » on 18 Jul 2012 at 10:45 AM   |  Favorite    |   share:  Share on Twitter share via Email Share on Facebook   more»



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2012-07-18 11:25:19 AM
moralpanic: Abso-farking-lutely. Let's go nuclear on Washington, and hopefully this will lead to real reform for all of congress.

*suppressed giggle*
 
2012-07-18 11:26:29 AM
Curious: The New York Times admitted this week that their staff and other political journalists from every major media outlet submit their work to the White House for unprecedented review, editing and "veto power."

since the article(?) didn't provide it anyone got a link to the Times saying that?

what? you think it's nonsense and made up? but but i read it on the internet.


There was an AP article about it a couple days back. Or I'm assuming it was an AP article since I read it in my local paper and I don't think they're allowed to randomly steal from the NYT.

Though the general thrust of the article was that it's not "unprecedented" at all, and it is in fact fairly common for politicians being interviewed to add review conditions to interview contracts, and has been since the 80s or so. I assume this is why most of your "gaffe" stuff comes from public meetings and press conferences rather than individual interviews.
 
2012-07-18 11:30:42 AM
Pincy: While they are at it, they should bring up the Olympic uniforms fiasco as well. Because I'm sure that the uniforms worn in SLC were all made in American and not some sleezy totalitarian regime like Burma.

Didn't a Canadian fashion company design the ones for the US?

Not really Romney's fault though.
 
2012-07-18 11:36:11 AM
Mrtraveler01: Pincy: While they are at it, they should bring up the Olympic uniforms fiasco as well. Because I'm sure that the uniforms worn in SLC were all made in American and not some sleezy totalitarian regime like Burma.

Didn't a Canadian fashion company design the ones for the US?

Not really Romney's fault though.


Of course it wasn't, he retroactively retired from the SLC Olympics in 2000.
 
2012-07-18 11:42:51 AM
HMS_Blinkin: Seriously GOP, if the best you can do for this election cycle is "NO U" it is going to be a LONG couple of months.

Notice how quietly and quickly they dropped the last "no U" about Obama being the outsourcer-in-Chief because some of the stimulus money was spent overseas?

Woinder if that's because somebody remembered that the original stimulus bill had a "Buy American" clause in it, and the Republicans ralled to strike it out?

And I'd hate to call Michele Malkin a farking liar (okay, no I wouldn;t) but this sentence:
"Obama happily accepted the nearly $800 million in campaign and inaugural funding Pritzker drummed up for him. "

seems just a little suspect since the Obama Campaign in 2008 only raised $750 Million TOTAL
 
2012-07-18 11:44:46 AM
So two national lenders that have been finger farking both sides forever and three regional banks that used a popular local liberal politician (in a quite liberal area) to try to get ahead? My god!
 
2012-07-18 11:46:26 AM
Your Guide to Sleazy Democratic Party-Backed Banks

Michelle Malkin

Jul 18, 2012

Obama campaign adviser David Axelrod and his hatchet people are still yammering about GOP presidential rival Mitt Romney's overseas investments. It's time for the Romney campaign to educate voters about all the shady financial institutions embraced by Democrats right here on American soil.

The fat-cat narrative attacks on Republicans won't go away by making nice with the White House -- or by relying on Beltway journalists to drop their double standards and vet the president's own bad bank entanglements. Indeed, The New York Times admitted this week that their staff and other political journalists from every major media outlet submit their work to the White House for unprecedented review, editing and "veto power."

Fortunately, the truth manipulators and message massagers haven't gotten to this column yet. So, let's talk sleazy Democratic Party-backed banks, shall we?

Fannie Mae/Freddie Mac. Forget Switzerland. The mother and father of all financial industry outrages are rooted in Washington, D.C. And Obama Democrats are among the biggest winners of lavish, out-of-control compensation packages from fraud-plagued Fannie Mae and Freddie Mac. Obama confidante James Johnson raked in $21 million. Former Obama chief of staff and current Chicago Mayor Rahm Emanuel "earned" at least $320,000 for a brief 14-month gig at Freddie Mac. And Clinton Fannie Mae head and Obama economic confidante Franklin Raines bagged some $90 million in pay and stock options earned during the government-sponsored institution's Enron-style accounting scandal on the public dime.

Self-appointed banking policewoman and DNC Chair Debbie Wasserman Schultz has, uncharacteristically, kept her mouth shut about these wealthy barons.

Superior Bank. One of the Obamas' oldest Chicago friends and wealthiest billionaire bundlers, former Obama national finance chairwoman Penny Pritzker, headed up this subprime lender. Even after it went under in 2001 and left 1,400 customers destitute, Pritzker was pushing to expand its toxic subprime loan business. Pritzker and her family escaped accountability by forking over $460 million over 15 years. Obama happily accepted the nearly $800 million in campaign and inaugural funding Pritzker drummed up for him. To protect her family's multibillion dollar fortune, Pritzker's enterprises park their money in the very same kind of offshore trusts her candidate is attacking Romney over.

Broadway Bank. In 2010, President and Mrs. Obama personally raised money for their Chicago friend and fundraiser Alexi Giannoulias. As I reported then, Giannoulias' Greek immigrant family founded Chicago-based Broadway Bank, a now-defunct financial institution that loaned tens of millions of dollars to convicted mafia felons and faced bankruptcy after decades of engaging in risky, high-flying behavior. It's the place where Obama parked his 2004 U.S. Senate campaign funds. And it's the same place where a mutual friend of Obama and Giannoulias -- convicted Obama fundraiser and slumlord Tony Rezko -- used to bounce nearly $500,000 in bad checks written to Las Vegas casinos.

Chicago's former inspector general blasted Giannoulias and his family for tapping $70 million worth of dividends in 2007 and 2008 as the real estate crash loomed. Broadway Bank was sitting on an estimated $250 million in bad loans. The cost to taxpayers after the bank was shut down two years ago: an estimated $390 million.

ShoreBank. The "progressive" Chicago-based community development bank, a "green" financial institution whose mission was to "create economic equity and a healthy environment," folded in August 2010. Obama personally had endorsed the politically connected bank and appeared in a video promoting its Kenyan microlending project. But it was a doomed social justice experiment. After regulators shut it down, Obama crony companies including Bank of American and Goldman Sachs took over the mess courtesy of taxpayer subsidies.

Countrywide/Bank of America. Earlier this month, the House Oversight and Government Reform Committee released a report on corruption-plagued Countrywide Financial Corp., which was bailed out by taxpayer-bailed-out Bank of America. The House investigation confirmed the notorious favor-trading scheme, which involved sweetheart home loan deals for members of Congress and their staff, top government officials and executives of doomed mortgage giant Fannie Mae.

"These relationships helped (Countrywide CEO and Democratic subprime loan king Angelo) Mozilo increase his own company's profits while dumping the risk of bad loans on taxpayers," according to the new report. Mozilo copped a $67.5 million plea to avert a high-stakes public trial in the heat of the 2010 midterm election season. Since then, Obama's Justice Department has taken no action to prosecute Countrywide officials on federal bribery charges.

Among the influence-peddling operation's most prominent beneficiaries: the aforementioned Obama top adviser Jim Johnson, who accepted more than $7 million in below-market-rate Countrywide loans, and former Senate Banking Committee Chairman Chris Dodd, whose ill-fated 2010 re-election bid was personally endorsed by Obama. Obama stood by Dodd even as sordid details of his two discounted Countrywide loans and record Countrywide PAC donations mounted.

Bank of America, which raked in $45 billion in Obama-supported TARP bailout funds and billions more in secret emergency federal loans, footed the $50 million restitution payment bill for Mozilo and another Countrywide official. In 2008, BofA's political action committee gave its biggest contributions to Obama, totaling $421,000. And as I noted in January, Bank of America supplied the Democrats with a $15 million revolving line of credit, along with an additional $17 million loan during the 2010 midterms.

Embarrassed by the party's ties to shady Bank of America, progressives are now trying to rebrand the Bank of America Stadium in Charlotte, N.C., where Obama will give his nomination acceptance address. They're referring to it as "Panthers Stadium" instead.

Obama's copious crooked friends and funders are going to need a lot more whitewash than that to cover up their ill-gotten gains.

Michelle Malkin is the author of "Culture of Corruption: Obama and his Team of Tax Cheats, Crooks & Cronies" (Regnery 2010). Her e-mail address is ma­lkin­blog­[nospam-﹫-backwards]lia­mg*co­m.

COPYRIGHT 2012 CREATORS.COM
 
2012-07-18 11:46:26 AM
I only trust politicians that do shady business practices in AMERICA!!! USA! USA! USA!
 
2012-07-18 11:47:57 AM
Lawls.

The Twitchy biatchy derp princess is dancing as fast as she can here trying to stay ahead of the Bain thing.

Apparently, we're supposed to believe now that it's the Dems who've been the big road block to reforming the Big Banks and Wall Street.

How does she even type that with a straight face?
 
2012-07-18 12:14:17 PM
Both sides deal with shady businesses so vote for the shady businessman!
 
2012-07-18 12:20:32 PM
Dr Dreidel: I liked the ad in the sidebar: superimposed over a pic of Bill Maher, "Have the liberal media gone too far?"

Yes. Bill Maher is the voice of the liberal media. Go with that.

Also, Townhall...you may want to go back and watch some of the OWS protests. They weren't all smelly hippies looking for free granola; many of them have legitimate concerns - the very same concerns you mentioned - about the shady nature of the government-business relationship.

Your Teabagger friends, by the way, also have concerns about this relationship. It's just that they choose to place 100% of their trust in business, whereas OWS isn't placing trust in anyone. That was part of the reason they had no leader and no platform - these are always corrupted by those at the top.

So when are you pulling a permit for "Occupy all 15 of the Streets Mitt Romney's Houses Are On"?


You have to remember who you're talking about here. These are the forces who look at the "reality-based community" with disdain and contempt. And in keeping with their philosophy, they have absented themselves from said reality.

In their atrophied, pathetic little excuses for brains, Bill Maher is the primary mouthpiece of a vast liberal media conspiracy run by George Soros and Warren Buffet, paid for by handouts from the highest tax rates ever to be assessed against Real Americans. The OWS protests really were smelly hippies gathered for no reason other than to hold team defecating-on-police-car events and molesting statues of bulls. And a $300K/yr salary really does only make one middle-class while a schoolteacher or firefighter earning $50k/yr is feeding at the public trough and contributing nothing in return.

It's a reality in which gut feelings are more accurate than so-called "facts," and education beyond high school isn't just wasteful and unnecessary, it's indoctrination into the Brotherhood of Socialism.

It may seem cruel to simply point and laugh at them, but what else are you going to do, reason with them? Their "reason" is a collection of articles of faith in their "reality," with as little internal consistency, empathy, and self-awareness as you would sadly expect.
 
2012-07-18 12:23:17 PM
Crabs_Can_Polevault: It may seem cruel to simply point and laugh at them, but what else are you going to do, reason with them? Their "reason" is a collection of articles of faith in their "reality," with as little internal consistency, empathy, and self-awareness as you would sadly expect.

Can't reason someone out of a position they didn't reason themselves in to.
 
2012-07-18 12:27:45 PM
In other news, Mitt Romney bought a ping pong ball factory and closed it, laying off 69 workers and making $1 billion in the process.
 
2012-07-18 12:28:24 PM
That was a really long way to say "No, your a idiott."
 
2012-07-18 12:48:28 PM
qorkfiend: Crabs_Can_Polevault: It may seem cruel to simply point and laugh at them, but what else are you going to do, reason with them? Their "reason" is a collection of articles of faith in their "reality," with as little internal consistency, empathy, and self-awareness as you would sadly expect.

Can't reason someone out of a position they didn't reason themselves in to.


I was trying to avoid those specific words. I'm wondering why now.
 
2012-07-18 12:51:52 PM
"But Clinton..." "so vote Republican".

Got it.
 
2012-07-18 01:01:18 PM
Your Guide to Sleazy Democratic Party-Backed Banks


Fixed for bootstrappiness. Surprised it was there at all.
 
2012-07-18 01:06:18 PM
Townhall?

no clicky. fark you tards.
 
2012-07-18 01:10:55 PM
Am I the only one to read the last five words of the headline in Mick Foley's voice?

It's time for the Romney campaign to educate voters about all the shady financial institutions embraced by Democrats right here...on American soil!

encrypted-tbn0.google.com
 
2012-07-18 01:12:27 PM
Vote Romney! He doesn't get contributions from these shady banks and he'll shut them down if elected.
 
2012-07-18 01:24:00 PM
Do you know what the republicans are doing to the soil?

Now Stuart, if you look at the soil around any large U.S. city with a big underground Republican population - Des Moines, Iowa, perfect example.
Look at the soil around Des Moines, Stuart. You can't build on it, you can't grow anything in it. The government says it's due to poor farming.
But I know what's really going on, Stuart. I know it's the Republicans. They're in it with the aliens. They're building landing strips for Republican
Martians. I swear to God.

You know what Malkin, I like you. You're not like the other people, here in the trailer park.
 
2012-07-18 02:19:02 PM
Crabs_Can_Polevault: It's a reality in which gut feelings are more accurate than so-called "facts," and education beyond high school isn't just wasteful and unnecessary, it's indoctrination into the Brotherhood of Socialism.

/simplify, simplify
 
2012-07-18 02:44:28 PM
And while we're at it:
Let's have Glenn Beck teach America about causality
Let's have Rush Limbaugh teach America about proper diet and nutrition
Let's have Keith Olbermann teach America about calm, rational discussion
Let's have Dennis Miller and the Zuckers teach America about remaining fearless in the face of adversity
Let's have Anthony Weiner teach America about consequences of technology use
 
2012-07-18 03:09:19 PM
Empty Matchbook: Let's have Keith Olbermann teach America about calm, rational discussion

Actually, he seems far calmer than Bill O'Reilly ever is. But that's probably because he makes sure he chooses peeps who don't disagree too much with him to discuss things with.
 
2012-07-18 04:14:43 PM
IlGreven: Empty Matchbook: Let's have Keith Olbermann teach America about calm, rational discussion

Actually, he seems far calmer than Bill O'Reilly ever is. But that's probably because he makes sure he chooses peeps who don't disagree too much with him to discuss things with.


I don't agree. He rarely seemed calmer, just less derpier (which admittedly, can give one the impression of being calm).

farm1.static.flickr.com
 
2012-07-18 05:14:39 PM
jakomo002: Meanwhile in unrelated news, Republicans voted unanimously to quash the Disclose Act, further ensuring corporations can make massive contributions to political campaigns without having to worry about anyone knowing who, how much or why.

So, uh, Mitt? Fark yourself/



I wonder how much airtime that got on the "liberal" media?
 
2012-07-18 05:16:45 PM
readbot42: Her house narrowly escaped destruction in the Waldo Canyon Fire in Colorado Springs...


Proof there is no God
 
2012-07-18 05:18:29 PM
quatchi: How does she even type that with a straight face?


Just like all conservatives/libertarians, when you stuff a lot of money in your mouth it takes away rational thought and emotion
 
2012-07-18 05:42:15 PM
Nina_Hartley's_Ass: Your Guide to Sleazy Democratic Party-Backed Banks

Michelle Malkin

Jul 18, 2012

Obama campaign adviser David Axelrod and his hatchet people are still yammering about GOP presidential rival Mitt Romney's overseas investments. It's time for the Romney campaign to educate voters about all the shady financial institutions embraced by Democrats right here on American soil.

The fat-cat narrative attacks on Republicans won't go away by making nice with the White House -- or by relying on Beltway journalists to drop their double standards and vet the president's own bad bank entanglements. Indeed, The New York Times admitted this week that their staff and other political journalists from every major media outlet submit their work to the White House for unprecedented review, editing and "veto power."

Fortunately, the truth manipulators and message massagers haven't gotten to this column yet. So, let's talk sleazy Democratic Party-backed banks, shall we?

Fannie Mae/Freddie Mac. Forget Switzerland. The mother and father of all financial industry outrages are rooted in Washington, D.C. And Obama Democrats are among the biggest winners of lavish, out-of-control compensation packages from fraud-plagued Fannie Mae and Freddie Mac. Obama confidante James Johnson raked in $21 million. Former Obama chief of staff and current Chicago Mayor Rahm Emanuel "earned" at least $320,000 for a brief 14-month gig at Freddie Mac. And Clinton Fannie Mae head and Obama economic confidante Franklin Raines bagged some $90 million in pay and stock options earned during the government-sponsored institution's Enron-style accounting scandal on the public dime.

Self-appointed banking policewoman and DNC Chair Debbie Wasserman Schultz has, uncharacteristically, kept her mouth shut about these wealthy barons.

Superior Bank. One of the Obamas' oldest Chicago friends and wealthiest billionaire bundlers, former Obama national finance chairwoman Penny Pritzker, headed up this subprime lender. Even aft ...


using a GMAIL? Not even a sleazy website of her own? Does Google need a report of malfeasance from that email?

perspiring minds want to know.
 
2012-07-18 06:13:25 PM
Is that all they're going to have this year? Just those two things?

BSABSVR and the President is near.
 
2012-07-18 06:19:28 PM
asmodeus224: Quick! To the chalkboard!

He wrote 'Soros' twice.

/he likes Soros
 
2012-07-18 06:21:43 PM
So the list is:

1. A couple organizations that at one time employed "Obama confidantes", whatever THAT means
2. Some bank I've never heard of
3. Some other bank I've never heard of
4. Some incomprehensible word salad sprinkled with "Bank of America"
?
 
2012-07-18 07:39:13 PM
jakomo002: Meanwhile in unrelated news, Republicans voted unanimously to quash the Disclose Act, further ensuring corporations can make massive contributions to political campaigns without having to worry about anyone knowing who, how much or why.

So, uh, Mitt? Fark yourself/


Are there any disclosure rules for unions? Just asking.
 
2012-07-19 01:36:45 AM
So Mitt is going to indirectly throw his big bank buddies (and campaign donors) under the bus? Sounds like a bit of a minefield for the Mittster. No doubt he'll set a few off before he realizes it's a bad tack...
 
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