Wednesday, April 25, 2012

How Can Anyone Support Obama...?


My conclusion...

You're either ill-informed... confused... or you simply hate America.

Yeah. It really is that cut and dry.

Let's make this one a stand-alone newsbite:

Jon Corzine left Goldman Sachs with a net worth far exceeding even that of Mitt Romney today.

Many accounts of his tenure at Goldman suggest he “failed up” the corporate ladder.

Pushed out of Goldman in a power struggle (sparked in part by his support for a government bailout of Long-Term Capital Management), he nonetheless pocketed somewhere between $350 million and $500 million when the company went public.

He used the cash to buy himself a Senate seat, spending $62 million out of his own pocket.

After the Senate, he spent nearly $40 million of his own money to win the New Jersey governorship.

While he was running for senator, the married-but-separated Corzine struck up a romantic relationship with Carla Katz, also married and head of Local 1034 of the Communications Workers of America.

They broke up in 2004, but the flirting apparently never ended. In 2007, Katz and Corzine were both involved in negotiations over a state workers’ contract. In one e-mail during that time obtained by the Newark Star-Ledger, Katz informs the governor, “BTW, I had an over the top erotic dream about you last night. Bad boy!!”

Bad boy indeed.

When the couple broke up, and after her union had endorsed Corzine and worked for his reelection, the governor’s lawyers negotiated a settlement whereby he reportedly paid Katz more than $6 million and forgave a half-million-dollar loan he made to her when they were still an item.

When Corzine ran for reelection as governor, both President Obama and Vice President Joe Biden stumped for him.

Biden explained that from the moment he and the president sat down to figure out their economic strategy, “Literally, the first guy I called was Jon Corzine. It’s not a joke. It’s not a joke. First of all, he’s the smartest guy I know in terms of the economy and on finance, and I really mean that.”

Despite that ringing endorsement, Corzine lost his 2009 reelection bid to reformer Chris Christie. So Corzine went back to Wall Street, as chief executive of MF Global Holdings, a bond-trading firm. A research note from the firm of Sander O’Neill Partners summarized what the Street expected from Corzine: “We suspect that his contacts in Washington could prove useful as MF Global navigates a shifting regulatory environment.”

Corzine proceeded to do exactly the sorts of things Wall Street has become infamous for: making crazy bets with other people’s money, counting on governments to bail out the private sector, and, allegedly, expecting to get friendly treatment from regulators.

Gary Gensler, chairman of the Commodity Futures Trading Commission, was an old friend and colleague of Corzine’s at Goldman Sachs and in Washington. Gensler had been a key aide to Senator Paul Sarbanes and had reportedly worked closely with Corzine writing the Sarbanes-Oxley bill. At MF Global, under Gensler’s watch, Corzine bet more than $6 billion on the European-sovereign debt crisis, using borrowed client money. MF Global also apparently commingled client and company funds to pay off financial obligations, which is illegal.

Under Corzine, MF Global lost well over $1 billion, and I don’t mean in the profit/loss sense. I mean it was physically "misplaced" and Corzine "cannot account" for where it went.

The Justice Department is investigating, and news-media accounts suggest a criminal prosecution is likely.

[T]he Obama campaign just announced that Corzine is still on the list of top-tier bundlers for the Obama reelection campaign.

Corzine has raised more than half a million dollars for Obama.

Obama is constantly denouncing “millionaires and billionaires” for playing by their own rules.

It’s true that the campaign told one reporter in February that it wouldn’t take more money from Corzine himself, but it’s been happy to let the man solicit donations for Obama even as Corzine is under investigation by Obama’s own Justice Department.

How cozy.

Tell me, what’s the point of the Occupy Wall Street movement, and its countless sympathizers in the Democratic party and the media, if that’s good enough? Whatever happened to changing how Washington works?

We’re about to enter a very long campaign in which an apparently squeaky-clean Mitt Romney is going to be demonized for his success and dragged through the gutter.

Meanwhile, Obama [takes] cash from a true denizen of the gutter.

~~~~~

Folks... I know where each of you stands. But what of people you know who will... without a doubt... vote for Barrack Hussein Obama's re-election come November?

Are they stupid...? Are they of sub-par I.Q.? Are they simply ignorant to a degree I would find unfathomable? 

I'm not questioning the ideology of the average Leftist. No. I'm throwing out a moral challenge... an ethical challenge: Defend supporting Obama.

I detest Mitt Romney. But as a man... as a person... he's neither a degenerate (like Bill Clinton) nor an incompetent (like Barrack Hussein Obama). 

I can understand how people were fooled by candidate Obama back in 2008... but today...?!?!

How does one justify supporting Obama and "The Chicago Way" after what we've witnessed over the past three-plus years?

Clinton was a degenerate. (And let's not even get into what we now know of Al Gore and John Kerry and John Edwards...) But in 1996 (thanks to the Gingrich Republicans, yes, but with the president getting the credit as usually happens) America seemed strong and prosperous.

In other words... (*SIGH*)... one can see how someone willing to "compartmentalize" might have voted to re-elect Bill Clinton back in 1996.

But to support the re-election of Barrack Hussein Obama in 2012...? 

In my opinion... no "cuteness" meant or intended... only a seriously flawed intellect or character would explain supporting the re-election of Obama or the retention of a Democrat majority in the Senate.

We've seen what these people have done with the power given them.

As bad as the Republicans are... the Democrats are worse.



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