Here is a list of donors to the '08 Obama campaign. Think Goldman Sachs is rethinking their donation? Perhaps you do not know but Senator Judd Gregg (R- N.H.) told the Greta Show on FoxNews that Goldman Sachs did not want to take the bail-out money but was told by Henry Paulson that they along with 9 other of the largest banks HAD to take the bail-out funds. They, Wells Fargo and at least 2 other banks [of the 10] were forced into taking the money -- which put them under the control of Obama's Administration.
Here is that list. Will Obama give the money back?
| University of California | $1,591,395 |
| Goldman Sachs | $994,795 |
| Harvard University | $854,747 |
| Microsoft Corp | $833,617 |
| Google Inc | $803,436 |
| Citigroup Inc | $701,290 |
| JPMorgan Chase & Co | $695,132 |
| Time Warner | $590,084 |
| Sidley Austin LLP | $588,598 |
| Stanford University | $586,557 |
| National Amusements Inc | $551,683 |
| UBS AG | $543,219 |
| Wilmerhale Llp | $542,618 |
| Skadden, Arps et al | $530,839 |
| IBM Corp | $528,822 |
| Columbia University | $528,302 |
| Morgan Stanley | $514,881 |
| General Electric | $499,130 |
| US Government | $494,820 |
| Latham & Watkins | $493,835 |
Source: Open Secrets . org.
And, now, a little about TARP
Understand that Obama and his Marxist Company are using the Goldman Sachs "scandal" to set the stage for another "emergency" bill designed to press for more control over the banking industry. With harsh enough regulations, the Marxist contingency within our government can close the doors, once again, and force the banks into deals that transfer wealth for what only God knows.
Know this -- none of us including most of Congress -- have any idea what this Obama fellow is doing in our White House. We have documented trillions of dollars passing through the TARP fund -- 24 trillion in fact -- but no one knows where it went. Besides the TARP farce, there is another 9 trillion [at least] that has been spent in the several bills passed through congress and including the annual budgetary expenses.
We have all forgotten that back in September of '08, Pelosi and Bush approved of the TARP arrangement that put Henry Paulson in charge of that funding program, an arrangement that allowed Paulson to spend TARP funds as he saw fit and without having to answer to anyone. Understand that "TARP" was the Troubled Assets Relief Program. Not one penny of the TARP funds went to toxic asset relief. In fact, so much cash was infused into the program that accountability became impossible.
Compare this: Under the original TARP plan, the use of monies would be relatively easy to track, and the Treasury Department could demonstrably show tangible assets for the monies spent. However, with the use of cash infusions, combined with a lack of sufficient requirements for transparency, it seemed that the ability to trace TARP monies disappeared. Link.
We call Obama a "Marxist Socialist." Ron Paul calls him a "corporationist." Maybe Paul is right. One thing for certain, Obama is no more for the little guy than he is honest. -- jds
Apologies: this post really goes "nowhere" and we know it. There is a reason. There is so very much that is not known -- and there are too many existing questions for anyone to believe that we will ever have "the rest of the story." No wonder only 22% of Americans trust the government -- the lowest total since the days of Viet Nam. Reagan had a trust factor of 44%; Bush 37% and now, Mr. Who with 22 %. Something ain't right, folks. Something ain't right.
.
No comments:
Post a Comment