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Message Subject Now that Obama said he is not a dictator, can you nuts just leave the man alone!
Poster Handle Anonymous Coward
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QUESTION TO THE OP

If Obama is any different than the other presidents, why hasn't he charged ANY Wall street bankers? This report PROOVES that Obama is just another lying politician, because there is no excuse for his failure to act.


Report: Cronyism, political donations likely behind Obama, Holder failure to charge any bankers after 2008 financial meltdown
[link to dailycaller.com]


-"Despite Obama’s and Holder’s “heated rhetoric” against Wall Street (in 2009, Obama blamed the 2008 financial collapse on “reckless speculation of bankers” while Holder charged that “unscrupulous executives, Ponzi scheme operators and common criminals alike have targeted the pocketbooks and retirement accounts of middle class Americans”), they haven’t “filed a single criminal charge against any top executive of an elite financial institution”


-"The Obama administration’s decision to not appoint an independent counsel to investigate the MF Global scandal, despite more than 60 members of Congress demanding it, also reeks of cronyism, the GAI report details. Obama bundler and former Democratic New Jersy Gov. Jon Corzine was at the center of MF Global."



-"In the report, GAI details how the George W. Bush and Bill Clinton administrations both actually took down financial criminals — unlike the Obama administration. Between 2002 and 2008, for instance, GAI points out how a Bush administration task force “obtained over 1,300 corporate fraud convictions, including those of over 130 corporate vice presidents and over 200 CEOs and corporate presidents.”



-“Clinton’s DOJ prosecuted over 1,800 S&L [savings and loans] executives, senior officials, and directors, and over 1,000 of them were sent to jail,” GAI adds.
But, despite having “promised more of the same,” especially in the wake of the 2008 financial crisis, the Obama administration’s DOJ has not brought criminal charges against a single major Wall Street executive."



-“By the fall of 2011, Obama had collected more donations from Wall Street than any of the Republican candidates, and employees at Bain Capital had donated more than twice as much to Obama as they did to [Mitt] Romney, the firm’s founder,” GAI wrote in its report."



-“In the weeks before and after the Senate report on Goldman Sachs, several Goldman executives and their families made contributions to Obama’s Victory Fund and related entities and some contributors maxed out at the largest individual donation allowed, $35,800.”

-“Five senior Goldman Sachs executives wrote more than $130,000 in checks to the Obama Victory Fund,” GAI continued. “Two of these executives had never donated to Obama before and had previously only given small donations to individual candidates.”
 Quoting: Anonymous Coward 20548926


bump

I challenge an Obama supporter to answer this!!!

This report is extremely damning!! Anyone who supports him after reading this is a complete RETARD!!
 
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News








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