Obama's Crony Empire Crumbles

Discussion in 'Election Forums' started by longknife, Oct 16, 2012.

  1. longknife
    Online

    longknife Diamond Member

    Joined:
    Sep 21, 2012
    Messages:
    30,324
    Thanks Received:
    9,873
    Trophy Points:
    1,400
    Location:
    Sin City
    Ratings:
    +17,375
    As the curtain rises on the second presidential debate, President Barack Obama’s crony capitalist empire is crumbling.

    First, markets received word that troubled lithium ion battery manufacturer A 123--which received the enthusiastic endorsement of President Obama and Democrats on Capitol Hill, as well as $249 million in taxpayer money--had filed for bankruptcy.

    Then news exploded that Citicorp CEO Vikram Pundit, who had guided the bank through the financial crisis and the TARP bailout, and who is considered close to the Obama administration and Secretary of the Treasury Timothy Geithner, is leaving his post.

    One of Mitt Romney's most memorable lines from the first presidential debate on Oct. 3 was: "[Y]ou don't just pick the winners and losers, you pick the losers."

    On all fronts--foreign and domestic--Obama's policies are falling apart.

    From Obama's Crony Empire Crumbles

    :cool:
     

Share This Page