Thursday, July 28, 2011

Crony Capitalism Runs Amok


Have you ever noticed that the Socialist/Marxist elite will condemn all greedy, oppressive, capitalist endeavors, and all the while they enjoy the profits they accrue from corruption, bullying, insider info, (say Goldman Sachs) and outright commandeering of private corporations.
It is the Chickago way writ large in Washington...Pay to Play. Join the Obama team now or be their target.
Stuart Varney of FOX said yesterday that it just could be possible that the Dear Leader has used Jeffery Immelt and GE to punish Gov. Walker and Wisconsin Republicans by moving  the GE X-Ray industry to China. This would fit right into the Obamunist playbook quite nicely.
Read more below...

Just days ago bankrupt, bailed-out, government-owned, tax-free, overseas-job-outsourcing GE CEO Jeffery Immelt scolded American business owners, ‘The people in this room have got to stop complaining about government!‘, and, ‘The truth is, we all need to be part of the solution‘.
Forget GE-sponsored Obama warning us, ‘There is going to be a tug-of-war within the US between those who see globalization as a threat, and those who accept it’, and then Obama calling on GE’s chief Jeffrey Immelt to head his economic recovery advisory panel while Obama made ‘special arrangements’ for the upcoming $53 billion in taxpayer funds used to subsidize GE’s construction of a high-speed rail system.
And put aside your self-centered, conspiracy-like questions regarding the hundreds of billions in American taxpayer dollars used to keep the hemorrhaging Obama–GE Titanic afloat. It’s simply a matter of ‘foreign’ economics, something you wouldn’t understand.

Read more at Sad Hill News

And here is the story of the biggest Obama thug. His latest scam will be overlooked of course, while the rest of the hedge fund managers will be under the gun.

 

George Soros is a victim of Dodd-Frank? Please. Instead of scaling back the rules, let's expand them -- and regulate his $25 billion family office.

Fortune-- Poor George Soros. Regulations have forced the swashbuckling hedge fund manager to return money to investors, shutter his hedge fund, and turn his fearsome investment operation into a mere "family office." What's the guy going to do for fun anymore?
Yesterday, Soros' sons Robert and Jonathan sent a letter to outside investors in Soros Fund Management's Quantum Group of Funds, citing the "unfortunate consequence of…new circumstances" as the reason behind the decision. The new circumstance, of course, is the Dodd-Frank Act, which would have required SFM to register with the SEC by March 2012. Despite the family's massive wealth—Soros and kin are worth a reported $25 billion—this proved too burdensome a prospect, so they're kicking out long-time investors in order to remain exempt from the new regulations.

What new sponsorship will Obummer recieve next fom the Liberal corporate community. Google, Twitter, and Facebook are in the tank.


Oh yeah, Gotta get me soma' des kicks!


And have a refreshing day everyone!


4 comments:

Trestin said...

I'm suddenly in the mood for a coke.

Scott said...

Me too! Old skool recipe please!

Trestin said...

Linked: http://www.donttreadonus.info/2011/08/top-25-bull-elk-edition.html

Scott said...

And MANY thanks to you Trestin. I need all the exposure I can get...if i am worthy. I will be linking to you as one of my cast of Hobbits in an upcoming post.