Where does Obama's allegiances lie?

Discussion in 'Congress' started by jreeves, Sep 21, 2008.

  1. jreeves
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    jreeves Senior Member

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    Uncle Sam bailed out Freddie Mac and the company's twin sister, Fannie Mae, this week, and the next in line in the Wall Street family to get a helping hand might just be Lehman Brothers. Executives at the struggling investment bank are looking to sell the company with assistance from the government--and fast--as its stock plunges. Although the government isn't expected to completely bail out Lehman Brothers, the fourth-largest U.S. investment bank, the company has built a strong financial relationship with politicians over the years and coincidentally ranks fourth in the largest contributors in the race for the White House.

    Since 1989, Lehman Brothers's employees and political action committee have given $9.2 million to federal candidates, parties and political action committees, with 54 percent of that going to Democrats. In the current Congress, 271 lawmakers have collected nearly $3 million since 1989, with 72 percent going to Democrats. Democratic presidential candidates and senators Hillary Clinton and Barack Obama top the list of all-time recipients for the company, collecting $410,000 and $395,600 respectively.

    OpenSecrets | Brothers Grim: Is Lehman Next? - Capital Eye
    Obama has received about 4 times more money from Lehman Brothers than has Mccain all-time. While Mccain has about 25 more years in the Senate than does Obama. The CEO's of the failed financial companies serve as economic advisors to Obama. I wonder what kind of chance our economy stands if Obama is elected? Not much....:cuckoo:
     
  2. Shadow
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    Shadow BANNED

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    Well we now know what Obama's great senate accomplishments are.

    Taking the most money from corrupt investment banks. And alligning himself with the frauds that run them.


    Good job Barry!!:clap2:
     
  3. Haro
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    Haro Member

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    At least Obama doesn't owe himself to big oil.
     
  4. AllieBaba
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    AllieBaba BANNED

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    So it's okay by you that he made money by raping the American consumers, setting up the collapse of the housing market, and refusing to fix it when could? Then blaming it on the very Republicans who would have fixed it years ago..if he and his money grubbing friends hadn't voted against it? Then bailed out, taking their $$$$ with them?
     
  5. Haro
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    Haro Member

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    Never said it was, is it okay that Bush deregulated the banks so they made riskier loans that failed causing the economy to take the worst turn since Hoover's time?
    We could point fingers all day at both of the candidates. There is plenty of both candidates. Let's just stick to the issues.

    And its Where DO Obama's Allegiances Lie.
     
  6. del
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    del BANNED

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    i had no idea Bush was running again.
     
  7. Haro
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    Haro Member

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    I was just giving another example of fucking things up. But you miss the point of the post. If you want to nit pick, then by all means continue this thread, but that's not what the election should be about, unless it ivolves grammar.
     
  8. AllieBaba
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    AllieBaba BANNED

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    I don't see deregulating the banks quite the same as setting oneself up to make a killing off of questionable economic practices, then bailing while the getting's good...and pointing the finger at others, who DIDN'T make money off the venture.

    Obama didn't fuck up. He committed a crime. Bush may have been behind some deregulation, but he's also saw this coming and tried to fix it for the last 3-4 years, along with McCain, and all the hot shots who were making millions (DEMOCRATS) blocked them at every turn.

    It's one thing to be fair in assigning blame. But assign blame where blame is due. Don't pretend that everyone is equally corrupt, or everyone is equally to blame. Because that's not true.
     
  9. Haro
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    Haro Member

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    Please do not make me keep asking. Facts please. What crime did Obama commit? How has Bush been trying to fix it?
     
  10. WillowTree
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    WillowTree Diamond Member

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    funny how the democrats don't wanna talk about their fucked up policies and their fucked up crminial kids.. oh my.
     

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