Obama assembles CEO group to advise on economy

Here we go the dems answer to everything,form a commitee to study this and that. How much are they being paid to do this?

Corporate execs huh? Since when has Obama ever been friendly to corporations or even small business for that matter. He even attacked the BBB. And Obama is going to really listen to economic experts? Just more smoke and mirrors.

sue wrote:

Here we go the dems answer to everything,form a commitee to study this and that. How much are they being paid to do this?

As opposed to asking an astologer?
Or practicing known failure voodoo economics?

The Committee will be Chaired by GE. There's your first clue.

The list included Citigroup Chairman Richard Parsons, American Express Co Chief Executive Kenneth Chenault, AOL co-founder Steve Case, Southwest Airlines Chief Executive Gary Kelly, DuPont Chief Executive Ellen Kullman, and Intel Corp Chief Executive Paul Otellini.

Anyone ever heard of a kangaroo court?

Dances with Wolves wrote:

The Committee will be Chaired by GE. There's your first clue.
The list included Citigroup Chairman Richard Parsons, American Express Co Chief Executive Kenneth Chenault, AOL co-founder Steve Case, Southwest Airlines Chief Executive Gary Kelly, DuPont Chief Executive Ellen Kullman, and Intel Corp Chief Executive Paul Otellini.
Anyone ever heard of a kangaroo court?

Nobody in the know ever said that President Obana is not a client of Wall Street, and corporate America.

His earliest backers for president were Wall Stret banks and IL Nuclear Power.
He and annoying Joe were always only the lesser of two evils (the other being crazy with stupid.)

is that oil companies too? ya know the simple stuff that does the most all around without taking away jobs and adding more expenses and lastly supporting terrorists world wide.

Just what the country needs-advice from a bunch of corporate sociopaths! Obama is serving his corporate masters well.

sue wrote:

Here we go the dems answer to everything,form a commitee to study this and that. How much are they being paid to do this?

I see the Union thug who advocates Violence is on Obam's board. He says he talks to Obama a couple times a week. W-T-F!

Ho Lee Schitt wrote:

Just what the country needs-advice from a bunch of corporate sociopaths! Obama is serving his corporate masters well.

Agree.

Obama's boy, Jeffrey Immelt from GE, took $25 Million in Obama Stimulus then promptly CUT 180,000 Jobs! Gotta Love It!

Same GE that was selling parts to Iran.

here again! ;)

Mr_Bill wrote:

<quoted text>
Nobody in the know ever said that President Obana is not a client of Wall Street, and corporate America.
His earliest backers for president were Wall Stret banks and IL Nuclear Power.
He and annoying Joe were always only the lesser of two evils (the other being crazy with stupid.)

Yes, Democrats were silent on the $994,795 in Goldman Sachs campaign cash that Obama bagged.

They also said Nothing when then Senator Obama went to host a Goldman Sach VP Meet & greet in secret that was mediated by a prominent "journalist."

Obama has been in the Bag for a long time and it's Paid Off for the Banksters. NO BREAKING UP of Too Big to Fail Banks and sweetheart legislation written and enforced by many Goldman Sachs hires into the admin.

Why is Obama putting a Fannie Mae/Goldman Sachs lobbyist/consultant as NSA?

By: Timothy P. Carney
Senior Examiner Columnist
10/15/10

Obama last week tapped Tom Donilon as National Security Advisor. What’s Donilon’s resume? I summarized it when folks floated his name as potential White House chief of staff:

- He was a top lobbyist at Fannie Mae during the housing bubble, when Fannie fought — with Democratic help — to avoid any restrictions or curbs on its work to inflate home values and get more people under mortgage. Before that, Donilon was a lobbyist at O’Melveny and Myers, where Fannie was a client.

- In 2008, according to his financial disclosure forms, Donilon was a paid consultant for Citigroup, Goldman Sachs, and Apollo Investments.

Rep. Cliff Stearns, R-Fla., had a similar reaction to the NSA news, putting out this press release:

“Now that we’re in a post 9/11 environment we need a National Security Advisor who has a history of expertise with security issues to protect us against terrorists and not a lobbyist who has a history of running our economy into the ditch as Senior Vice President & General Counsel for Fannie Mae and a lobbyist for Goldman Sachs”

Read more at the Washington Examiner: http://www.washingtonexaminer.com/opinion/blo...

Obamafraud with Goldman

By: Timothy P. Carney
Examiner Columnist
April 21, 2010

There's a rule of thumb in Washington: Whenever politicians open up a legislative or regulatory debate, the side with the best lobbyist usually wins. We saw it last year, as the drug industry outspent every other industry in America on lobbying and then ran the table in the health care bill that President Obama portrayed as a broadside against the special interests. Goldman's clout is not measured so much in terms of lobbying dollars -- though I'm sure the firm pays generous fees to its K Street soldiers, notably Dick Gephardt, John Breaux, and Tony Podesta -- but in its direct pipeline to the corridors of power.

Greg Craig, Obama's first White House counsel, has joined Goldman, we learned this week. He may not have too much pull in the West Wing, which drove him out for hewing too close to Obama's campaign promises, but as a former insider he will provide valuable intelligence to the world's largest investment bank.

Rahm Emanuel, White House chief of staff, was paid $35,000 as a consultant to Goldman while also working as Bill Clinton's top fundraiser. Obama's fundraiser and economic adviser Warren Buffett is very long on Goldman, having bet on them in 2008 in the expectation of a bailout. Mark Patterson, chief of staff to Treasury Secretary Tim Geithner, was a Goldman Sachs lobbyist until months before joining Team Obama.

What does that add up to? Getting a hand in making the regulations:

Politico quoted a Goldman lobbyist Monday saying, "We're not against regulation. We're for regulation. We partner with regulators." At least three times in Goldman's conference call Tuesday, spokesmen trumpeted the firm's support for more federal control.

... Goldman's annual report explicitly endorsed stricter federal capital and liquidity requirements. Goldman reported on the conference call that it holds 15 percent "Tier 1 capital," meaning it is very liquid and not very risky. Goldman can play it safe, you see, without needing a regulation. But regulations prevent smaller competitors from taking the risks needed to compete with Goldman (and every competitor is smaller).

http://www.washingtonexaminer.com/politics/Go...

IMPEACH THE MAGGOT!

Supreme Court pick Kagen had ties with Goldman Sachs

Updated 4/27/20

By Matt Kelley, USA TODAY
WASHINGTON — A top prospect for the Supreme Court was a paid member of an advisory panel for the embattled investment firm Goldman Sachs, federal financial disclosures show.

Solicitor General Elena Kagan was a member of the Research Advisory Council of the Goldman Sachs Global Markets Institute, according to the financial disclosures she filed when President Obama appointed her last year to her current post. Kagan served on the Goldman panel from 2005 through 2008, when she was dean of Harvard Law School, and received a $10,000 stipend for her service in 2008, her disclosure forms show.

A spokesman for Goldman Sachs did not respond to requests for comment Monday.

Although Goldman's executives have been generous political donors, particularly to Democrats, some lawmakers are trying to distance themselves from that link. One example: Republican Rep. Mark Kirk, who is running for the Senate in Illinois, announced he will return more than $20,000 in campaign contributions linked to Goldman Sachs.

President Obama was the largest recipient of Goldman Sachs donations but so far, he has refused to return any of the contributions.

http://www.usatoday.com/news/washington/judic...

Mr_Bill wrote:

<quoted text>
Nobody in the know ever said that President Obana is not a client of Wall Street, and corporate America.
His earliest backers for president were Wall Stret banks and IL Nuclear Power.
He and annoying Joe were always only the lesser of two evils (the other being crazy with stupid.)

Obama gets Cozy with Goldman at Secret Meeting

By Lynn Sweet
on October 7, 2008 2:39 AM |

WASHINGTON--On May 3, 2007, Barack Obama attended an event at the Museum of Modern Art in Manhattan that was not on his public schedule and is only now surfacing--a private dinner for Goldman Sachs traders with a discussion on issues moderated for the Wall Street firm by NBC's Tom Brokaw.

Brokaw's appearance was arranged through Goldman Sachs--not the Obama campaign. It was the only session Brokaw did for Goldman. Brokaw's honorarium was given to a charity.
The employees of Goldman Sachs collectively would go on to become the top contributors to the Obama campaign.

Bundled together, by Sept. 28, 2008, the latest figures available, Goldman Sachs members or their families contributed $739,521 to Obama, making the firm number one source of donors to the Obama campaign, according to the Center for Responsive Politics. To be clear--Goldman Sachs did not make any contributions (that's not allowed by federal law)-- the money was from individuals connected to the firm. The CRP analysis is of contributions of $200 and more.

The sum does not include money raised by two major Obama fund-raisers: Bruce Heyman, an executive at the firm and James Johnson, a Goldman Sachs board member and former chairman and CEO of Fannie Mae, the failed mortgage giant in the news because of the subprime mortgage crisis that led to the economic collapse.
Johnson was originally tapped by Obama to lead his vice presidential vetting squad until he quit because of his own controversies.

An April 18, 2007 Bloomberg News article about top campaign bundlers noted that Obama addressed the Goldman's annual partners meeting 2006 in Chicago.

http://blogs.suntimes.com/sweet/2008/10/obama...

sailorman2 wrote:

Corporate execs huh? Since when has Obama ever been friendly to corporations or even small business for that matter. He even attacked the BBB. And Obama is going to really listen to economic experts? Just more smoke and mirrors.

Um are you seriously this clueless?

Obama presided over the largest corporate bailouts in history which is a direct money transfer from tax payers to big corporations and banks, watered down wallstreet reforms, and his cabinet consists of former banking and other corporate executives.

And the very fact that he convened a panel of corporate CEOs to advise on the economy rather than actual expert economists tells you something about how big a sellout he is.

If he goes any further he'd be a shoe in for the corporate employee of the decade award.

Dances with Wolves wrote:

The Committee will be Chaired by GE. There's your first clue.
The list included Citigroup Chairman Richard Parsons, American Express Co Chief Executive Kenneth Chenault, AOL co-founder Steve Case, Southwest Airlines Chief Executive Gary Kelly, DuPont Chief Executive Ellen Kullman, and Intel Corp Chief Executive Paul Otellini.
Anyone ever heard of a kangaroo court?

global marketing www.cnn.com/money
US money edditor n chef www.drBill_mr.com ;-0

The laughing liberal wrote:

<quoted text>Yes, Democrats were silent on the $994,795 in Goldman Sachs campaign cash that Obama bagged.
They also said Nothing when then Senator Obama went to host a Goldman Sach VP Meet & greet in secret that was mediated by a prominent "journalist."
Obama has been in the Bag for a long time and it's Paid Off for the Banksters. NO BREAKING UP of Too Big to Fail Banks and sweetheart legislation written and enforced by many Goldman Sachs hires into the admin.

U r confussion of Dr. Bill think thong;) he trying to learn what is da diiferrol betwin Money vs. Note! and U are learning lesson of the Day? ;-00000

He he he......

genius !!!.....

WHAAAAAA ????????

he's being advised by the....

fox on what to do with the hen house.....

The laughing liberal wrote:

<quoted text>Yes, Democrats were silent on the $994,795 in Goldman Sachs campaign cash that Obama bagged.
They also said Nothing when then Senator Obama went to host a Goldman Sach VP Meet & greet in secret that was mediated by a prominent "journalist."
Obama has been in the Bag for a long time and it's Paid Off for the Banksters. NO BREAKING UP of Too Big to Fail Banks and sweetheart legislation written and enforced by many Goldman Sachs hires into the admin.

The Wall Stret banks were just fading both sides. They already have the GOP in the bag. The independant candidates were Mrs. Clinton, and Congressman Dennis J. Kucinich. Neither had a chance against the BIG MONEY bos.