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Here is the one guy who would cause Wall Street to quake

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whosinpower Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Nov-17-08 04:39 PM
Original message
Here is the one guy who would cause Wall Street to quake
And Obama might seriously consider for a position in his government.

I know he did a bad thing - but this guy KNOWS how Wall Street works - or does not work. Because he got too close to blowing the charade we are now witnessing on Wall street and its collapse, he was "watergated."

Elliott Spitzer. If Obama is trully serious about change, and getting the economy back on track - Spitzer knows how to do it, knows where the skeletons are, knows why and how the US and the global economy got into the position it finds itself, and knows how to proceed.

Flame away.
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MNDemNY Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Nov-17-08 04:40 PM
Response to Original message
1. About as smart a pick as McLames pick of Falin.
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Avalux Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Nov-17-08 04:42 PM
Original message
No flames. Unfortunately though; Spitzer caused his own demise.
And because of that - no matter how much he knows, how fantastic he was at his job - he won't be considered and rightly so. Any integrity he had is gone.

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monmouth Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Nov-17-08 04:42 PM
Response to Original message
2. That background check thingy could be a bummer....n/t
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Mojambo Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Nov-17-08 04:42 PM
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3. He's the perfect guy, but it's unworkable in the extreme.
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dkofos Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Nov-17-08 04:42 PM
Response to Original message
4. No flames from me.
He already paid for his indiscretions (literally).
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MNDemNY Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Nov-17-08 06:06 PM
Response to Reply #4
9. And therein lies the problem.
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HCE SuiGeneris Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Nov-17-08 04:47 PM
Response to Original message
5. # 25 Bush’s Real Problem with Eliot Spitzer in Top 25 Censored Stories for 2009

Sources: http://www.projectcensored.org/top-stories/articles/25-bushs-real-problem-with-eliot-spitzer/
Truthout, February 2008
Title: “Predatory Lenders’ Partner in Crime”

Global Research, March 17, 2008
Title: “Why the Bush Administration ‘Watergated’ Eliot Spitzer”
Author: F. William Engdahl

Student Researchers: Rob Hunter, Elizabeth Rathbun, and Rebecca Newsome

Faculty Evaluator: Mickey S. Huff, MA

The exposure of New York State Governor Eliot Spitzer’s tryst with a luxury call girl had little to do with the Bush administration’s high moral standards for public servants. Author F. William Engdahl advises that, “in evaluating spectacular scandals around prominent public figures, it is important to ask what and who might want to eliminate that person.” Timing suggests that Spitzer was likely a target of a White House and Wall Street operation to silence one of its most dangerous and vocal critics of their handling of the current financial market crisis.

Spitzer had become increasingly public in blaming the Bush administration for the subprime crisis. He testified in mid-February before the US House of Representatives Financial Services subcommittee and later that day, in a national CNBC interview, laid blame squarely on the administration for creating an environment ripe for predatory lenders.

On February 14, the Washington Post published an editorial by Spitzer titled, “Predatory Lenders’ Partner in Crime: How the Bush Administration Stopped the States From Stepping In to Help Consumers,” which charged, “Not only did the Bush administration do nothing to protect consumers, it embarked on an aggressive and unprecedented campaign to prevent states from protecting their residents from the very problems to which the federal government was turning a blind eye.”

In this editorial, Spitzer explained:

The administration accomplished this feat through an obscure federal agency called the Office of the Comptroller of the Currency (OCC). The OCC has been in existence since the Civil War. Its mission is to ensure the fiscal soundness of national banks. For 140 years, the OCC examined the books of national banks to make sure they were balanced, an important but uncontroversial function. But a few years ago, for the first time in its history, the OCC was used as a tool against consumers.

continued http://www.projectcensored.org/top-stories/articles/25-bushs-real-problem-with-eliot-spitzer/
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Warpy Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Nov-17-08 04:47 PM
Response to Original message
6. He would never get Spitzer past the Senate
for a cabinet post. However, I would be delighted to find out that Spitzer is working in the new DOJ.
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hvn_nbr_2 Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Nov-17-08 06:30 PM
Response to Reply #6
11. Maybe he could get "sanctity of marriage" Newt to be a character witness. nt
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soleft Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Nov-17-08 04:48 PM
Response to Original message
7. If Obama and Spitzer were republicans it could happen
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MichiganVote Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Nov-17-08 04:51 PM
Response to Original message
8. No thanks. He blew it and its his own fault. Needs to work in the "private" sector for awhile.
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TexasObserver Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Nov-17-08 06:07 PM
Response to Original message
10. Skill isn't the issue. Damaged goods is.
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