"Corrupt Obama administration pressuring... to support mortgage whitewash"

[Bluebear]

It is high time to describe the Obama Administration by its proper name: corrupt.

Admittedly, corruption among our elites generally and in Washington in particular has become so widespread and blatant as to fall into the “dog bites man” category. But the nauseating gap between the Administration’s propaganda and the many and varied ways it sells out average Americans on behalf of its favored backers, in this case the too big to fail banks, has become so noisome that it has become impossible to ignore the fetid smell.

The Administration has now taken to pressuring parties that are not part of the machinery reporting to the President to fall in and do his bidding. We’ve gotten so used to the US attorney general being conveniently missing in action that we have forgotten that regulators and the AG are supposed to be independent. As one correspondent noted by e-mail, “When officials allegiances are to El Supremo rather than the Constitution, you walk the path to fascism.”
Revealingly, one of the Administration’s allies said: “Wall Street is our Main Street.” And the worst is that this remark may not be a cynical Ministry of Truth pronouncement. Team Obama bears all the hallmarks of being so close to banks and big corporations that it has lost all contact with and understanding of mainstream America.

The latest example is its heavy-handed campaign to convert New York state attorney general Eric Schneiderman to a card carrying member of the “be nice to our lords and masters the banksters” club. Schneiderman was the first to take issue with the sham of the so-called 50 state attorney general mortgage settlement. As far as the Administration is concerned, its goal is to give banks a talking point and prove to them that Team Obama is protecting their backs in a way that the chump public hopefully won’t notice

http://www.nakedcapitalism.com/2011/08/corrupt-obama-administration-pressuring-new-york-attorney-general-to-support-mortgage-whitewash.html

[RUMMYisFROSTED]

1. pc

:popcorn:

[Broderick]

2. hmmmm

[ixion]

3. With the possible exception of Carter, I don't think there has been an uncorrupt admin

in my lifetime.

[FredStembottom]

9. ...and they buried Carter for it.

The entire DC establishment, both parties, colluded to bring him down for refusing to be assimilated, IMO.

[ixion]

10. I agree

[closeupready]

16. Yes, that is exactly correct. Which is par for the course in third world 'democracies'

- if officials refuse to be bought out, the other crooks at work will help in bringing them down, since corruption is what makes them rich and powerful. Not that we're third world, but you get the (sad) point.

[Enthusiast]

27. "third world 'democracies'"

are the model.

[blkmusclmachine]

4. DC is a syndicate:

I'll just leave it at that.

[JohnnyRingo]

5. Harsh

I guess in the eyes of some, that billboard "miss me yet?" with a picture of GW Bush really hits home.

I don't want to be any more vitriolic than the original post, but this is exactly the same rhetoric I read on DU for eight long years of the previous admindtration. I guess when a Democrat doesn't tow the left's agenda he becomes a carbon copy of America's worst Republican adminstration.

When we see a Republican back in the White House in 2012 we can cut & paste the perpetual outrage machine and just substitute different names. Beat me up if you want, but you have your opinion, and I have mine.

Sometimes I see my fellow progressives as a bizzaro version of the Tea Party, stringintly demanding that their candidate fit within a very precise and constrictive mold with nothing sticking out the edges. Just like the far right, we've taken to holding the threat of an ouster over their heads like the sword of Damacles if we don't get everything we want.

[MoonRiver]

6. But unlike the far right, our candidates don't listen to us.

Instead we get a seat under the bus. :(

[JohnnyRingo]

22. Good point

touche'

[Fumesucker]

7. Interesting that you didn't spend one syllable discussing the policy in the article..

Only a gusher of abuse for those who do wish to discuss the policy.

[ixion]

8. Indeed. How dare we not accept Endless War, continued loss of civil liberties

and an continuation of BushCo policies. :eyes:

[Bluebear]

12. You are correct, he is not "towing" the lefts agenda: transparency & Everyman values

He sure is "towing" the rights though.

[FredStembottom]

15. self-delete.

n/t

[dgibby]

18. My rule of thumb:

If I criticize a republican for it, then I have no choice but to criticize a Democrat for the same behavior; otherwise, I'd be a hypocrite of the worst order, but that's just me.

[Selatius]

20. I disagree. The demands of the left in this case are very reasonable.

Accountability, investigation, and the prosecution of malfeasance with respect to banking should be seen as admirable goals. If attorney generals are rebelling against this settlement, then it is better to hear their case than to incessantly pressure them and their allies into taking a deal that absolves banks of some of the things that have occurred. The language is vitriolic to an extent, but I believe the intent behind the words is sensible. The Tea Party cronies are anything but sensible as far as intent goes.

[Enthusiast]

28. Yeah, we're bizarro because we

want the Administration to respect the rule of law. How quaint a notion.

[Bluebear]

30. +

[RagAss]

11. Agreed.

[Solomon]

13. same ole crew.

Where's the rest of yas. I guess they'll be here soon to pile on.

Pathetic.

[Nevernose]

14. Since that was written,

Not only has New York's AG not backed down, but Nevada's AG has doubled down, pulling out of the 50 state bullshit compromise (because B of A began violating terms literally the day after they'd signed it) and suing the shit out of B of A and Countrywide.

[Fumesucker]

17. Eleventy dimensional no-peek chess again no doubt..

By exerting pressure for these investigations to be shut down, the Obama administration made sure that they would go forward.

Reverse psychology is so damn deep.

[dixiegrrrrl]

21. ohhh..I had not heard that, thanks for the update.

[Name removed]

19. Deleted message

Sub-thread removed by moderator. Click here to review the message board rules.

[NNN0LHI]

23. CALL CONRESSMAN DARRELL ISSA RIGHT FUCKING NOW!

This is exactly what he has been looking for.

Don

[Bluebear]

24. So no comment on Obama's pressuring to drop investigations?

[DirkGently]

25. Either the banks win, or the country does. It won't be both.

[Enthusiast]

26. If the "support Obama at all costs"

group would only join us in telling the Administration that we know the President is on the wrong side of this we might actually achieve something. Obama supporters are not doing him any favors in the long term. Wholesale theft is unsustainable.

[Rex]

29. Man, do we have ANY honest politicians anymore?

I mean, I KNOW after Reagan and GWB we should expect nothing from the GOP but destruction and misery...but WTF is up with boldly admitting you don't care about the law and will abuse it to hurt The People?

WTF kind of message does that send to voters?

Not a good one.

:(