http://market-ticker.denninger.net/archives/1962-Partisan-Attacks-WILL-NOT-Solve-The-Problem.html
Turn the page Ann for the wide screen shot, it adds so much more to the detail of the over all quality of the picture.
Ann Coulter, one of the most-partisan commentators out there in the media, had this to say recently:
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.
How about punishing the guilty Ann? How about punishing one JOHN JACKASS MCCAIN, who Henry Paulson personally credits for being the reason TARP passed?
"As he was falling behind in the polls it would have been very easy for him to demagogue that issue, playing the populist card," he said. "And if he had come out against what he were trying to do we wouldn't have got it I believe. We wouldn't have had the TARP legislation passed and we would have been left defenseless."
Oh wait! Henry Paulson was a Republican Treasury Secretary too!
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.
Absolutely correct. Goldman gave money to the winner. Big stinking surprise - NOT.
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."
Well that may well be true, but can you point to anything that Republicans did in their eight years in office prior to President Obama that actually reined in the outrageous fraud and abuse served up upon the world's investors - not to mention everyday Americans - by Wall Street?
Let's see.... I think I'll list a few things that the Rethuglicans have done to our nation, since Ann has done such a great job of bagging on the Democraps.
"Bankruptcy Reform" - but only for "the little people" - that is, you and I.
