Category Archives: Crony Capitalism

The Center Cannot Hold

We could use more hindsight these days. Three years after the fact, we learn that Henry Paulson manipulated hedge funds even before he was given the sole authority over Republican killer TARP. Around the same time, Barack Obama was running … Continue reading

Posted in 2012 Elections, 2012 GOP Primary, Barack Obama, Corruption, Crony Capitalism, Democratic Party, GOP Shenanigans, Mitt Romney, Sarah Palin, Tea Party | Tagged | 4 Comments

More Evidence that Paulson belongs in jail

Another shocking story, this time from Bloomberg Businessweek. This goes back to July 2008, when Congress was panicking about Fannie Mae & Freddie Mac being the next dominoes to fall. How Paulson Gave Hedge Funds Advance Word of Fannie Mae … Continue reading

Posted in Crony Capitalism | Tagged | 25 Comments

The Last Temptation of Congress

The so-called “Super Committee” seems to be like the Democratic Super Delegates, an excessively powerful sub-group that does even less good than the whole. In this case, it has admitted defeat, which means Republican and Democratic mainstays take hits in … Continue reading

Posted in Crony Capitalism, Federal Deficit, Politics | 14 Comments

We don’t serve tea or Koolaid in here

riverdaughter, on November 19, 2011 at 9:05 pm said: There is a certain segment of the Tea Party who I think will be very susceptible to the OWS movement. They’re the ones the DNC blew off for Obama. Right now, … Continue reading

Posted in 2012 Elections, Barack Obama, Crony Capitalism, Democratic Party, Occupy Wall Street, OWS, Tea Party, Uncategorized | Tagged , | 42 Comments

Republican Senator Dumps Stocks Days Before Crash

Via Legal Insurrection: How Congress Insider Traders Abused The Public’s Trust During The Financial Crisis Senator Sheldon Whitehouse of Rhode Island also made a flurry of trades in the days after the Paulson-Bernanke meeting with legislators. At minimum, Whitehouse sold … Continue reading

Posted in Corruption, Crony Capitalism, Disingenuous Democrats | Tagged , | 14 Comments

Finally! Occupy Congress

Next up: `Occupy Congress’ One of the enduring questions about Occupy Wall Street has been this: Can the energy unleashed by the movement be leveraged behind a concrete political agenda and push for change that will constitute a meaningful challenge … Continue reading

Posted in 2012 Elections, Barack Obama, Crony Capitalism, Financial Meltdown, Occupy Wall Street, OWS, Uncategorized, Zombies | Tagged | 31 Comments

While the whole world was watching something else . . .

While the peasants were revolting on Wall Street yesterday, things were going on in Washington: Energy secretary refuses to apologize over Solyndra loan Energy Secretary Steven Chu is a physicist, not a politician, but he was unflappable under attack from … Continue reading

Posted in Barack Obama, Corruption, Crony Capitalism, Solyndra | Tagged , | 18 Comments

Mama Grizzly

Sarah Palin: How Congress Occupied Wall Street Politicians who arrive in Washington as men and women of modest means leave as millionaires. Why? Mark Twain famously wrote, “There is no distinctly native American criminal class except Congress.” Peter Schweizer’s new … Continue reading

Posted in 2012 Elections, Crony Capitalism, Occupy Wall Street, OWS, Sarah Palin, Uncategorized | Tagged , , | 25 Comments

Occupy Workplace

I wasn’t one of those people who experienced the prosperity of the Clinton administration. I had a pretty long run of unemployment and low paying jobs in the 1990s. When Bush was president, I had more years of sporadic, but … Continue reading

Posted in 2012 Elections, Corruption, Crony Capitalism, Politics, Tea Party, Wall Street Banks | 7 Comments

Sacred Tropes and Right-Wing Cows

Sister Toldjah: Remember when Barack Obama was upset at the bonuses paid to AIG execs? […] When the bubble burst in 2007, Fannie and Freddie began to lose billions of dollars of investments in mortgage-backed securities (MBS) guarantees. In September … Continue reading

Posted in 2012 Elections, Barack Obama, Corruption, Crony Capitalism, Democratic Party, Financial Meltdown, Housing Bubble, Politics, Racism, Republican Party, Uncategorized, Wall Street Banks | Tagged | 36 Comments

Throw Them All Out

Via c4p, Newsweek/Daily Beast is featuring Peter Schweizer’s expose of rampant Congressional Insider Trading and Crony Capitalism. All perfectly legal (for them, they make the rules, after all) and all highly unethical. In the Spring of 2010, a bespectacled, middle-aged … Continue reading

Posted in Crony Capitalism | Tagged | 21 Comments

Oh what a tangled web we weave . . .

Via Hot Air: Emails tie Obama fundraiser to Solyndra push Advisers to Obama fundraiser George Kaiser discussed Solyndra and other government contracts during their visits last year to the White House, according to emails released Wednesday by House Republicans. The … Continue reading

Posted in Barack Obama, Corruption, Crony Capitalism, Solyndra, Uncategorized | Tagged , , | 39 Comments

The Wall Street President

WaPo: President Obama has called people who work on Wall Street “fat-cat bankers,” and his reelection campaign has sought to harness public frustration with Wall Street. Financial executives retort that the president’s pursuit of financial regulations is punitive and that … Continue reading

Posted in 2012 Elections, Barack Obama, Corruption, Crony Capitalism, Occupy Wall Street, OWS, Politics, Uncategorized | Tagged , | 34 Comments

The Obama-Corzine connection

Hot Air: In other words, Corzine looks an awful lot like the so-called 1% that the Occupy Movement despises.  Democrats, especially Barack Obama, had hoped to ride that class-warfare populism to electoral victory in 2012, or at least ride it … Continue reading

Posted in Barack Obama, Corruption, Crony Capitalism, Occupy Wall Street, OWS, Politics, Uncategorized, Zombies | Tagged , , | 13 Comments

Palintermission

We interrupt your OWSpectacle for some current-events commentary from  Sarah Palin. She was on Hannity last night and gave her opinion on Libya (echoing what many of us wonder), and had kind words for Ron Paul, Herman Cain, Newt Gingrich, … Continue reading

Posted in Crony Capitalism, Sarah Palin, Uncategorized | Tagged | 11 Comments

I Got Your Transparency Right HERE!

Well, we knew it early, and we were among the first to express our skepticism about the Occupy Wall Street protests and their city-occupied cohorts. We’ve spent weeks fleshing out the organizers and analyzing the media response. Now comes Team … Continue reading

Posted in 2012 Elections, Barack Obama, Corruption, Crony Capitalism, Disingenuous Democrats | 25 Comments

Tin Foil Tuesday – this transmission seems familiar

Any time someone in the USA, usually an immigrant or child of immigrants, says something along the lines of  “this particular thing happening here makes me uneasy because it reminds me of why our family left the old country”, most … Continue reading

Posted in Crony Capitalism, Tin Foil Hats, Uncategorized | 49 Comments

Fight Like A Girl: Lessons learned from Hillary to Sarah

What have we learned from the journeys of Hillary & Sarah? What knowledge have they bought us with their valiant struggles against media immolation and backdoor power shenanigans? Two women, equally impressive in record and accomplishment, of opposing politics, of … Continue reading

Posted in 2012 Elections, Corruption, Crony Capitalism, Democratic Party, Hillary Clinton, Media Zombies, Politics, Sarah Palin, Sexism and Misogyny, Tea Party, Uncategorized | Tagged , , | 72 Comments

Palin slaps Immelt and Biden and George Kaiser

No, not literally. Geeze, people. Sarah Palin’s latest facebook post calls GE CEO Jeff Immelt “someone who exemplifies a major crony capitalism problem” and points out that he was Obama’s honored guest at his speech to Congress. Then she talks … Continue reading

Posted in Barack Obama, Crony Capitalism, Sarah Palin | 21 Comments