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Jan 29, 2010

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John Gatti Jr

Disgrace: Obama supports Bernanke

There is no difference between Chicago Political Boss creation President Barrack Obama than Big Oil Wall Street Banker favorite George Bush. Treasury Secretary Timothy Geithner, Federal Reserve Chair Ben Bernanke, and Chief Economic Adviser Larry Summers with the only one missing is Herb Paulsen from the Bush Administration whose 3 page fright paper got unaccounted and lack of oversight billions in taxpayer money for the greedy Wall Street Crown who must return.. Even shamed former Federal Reserve Chair Alan Greenspan thinks Bernanke is great for reappointment. Geithner predicts calamity if Bernanke is not appointed. Special Interests and Wall Street rule government continue to prosper as Main Street suffers more.

TARP, Bank Bailouts, Fannie Mae and Freddie Mac, AIG, Bear Stearns, Lehman Brothers, and Merrill Lynch, the happiest days are ahead…..Bring on more of the unlimited Campaign Contributions that both the Washington Democrats and Republicans can feast on!

This President will not clean up Wall Street and Congress will not do nothing either.

The cupboards on Main Street are bare while the party in Congress and the White House continues. Transparency. Oversight, Accountability in Government are no longer attainable.

Rising to the middle class, attaining good jobs, good wages, good healthcare, and good pension benefits are the past for American Citizens. The standard of living goes down and is rushing to become 3rd world.. Tuition, mortgage, affordable healthcare and housing, gasoline, utilities, clothing, and food costs continue to rise unchecked. The value of the American Dollar is rushing to the bottom to be as valuable as the “wooden nickel”.

Yet the promises of the 2008 election by both McCain and Obama go unchecked and forgotten. The Washington Senate leadership of Democrat Harry Reid and Republican Mitch McConnell, as well as House Leaders Democrat Nancy Pelosi and Republican John Boehner only offer foolish statements and despair.

Obama is starting to wear thin and his constant reinventing himself on now tackling Wall Street cannot be believed nor his promises for Transparency in Government in which the close door healthcare debate certainly proves was not followed. The Nobel Peace Prize
and failed Chicago Olympic site jockeying only adds to failed policies and initiatives.

Main Street families have suffered under the insensitive George Bush and now continue under President Barack Obama rhetoric and speeches. The recent elections in Virginia, New Jersey, and now Massachusetts clearly shows the Obama and Democrat label luster has tarnished and continues to rust.

After one year of President Obama’s term, the only hope of the administration seems to be false hope for a better future for this generation or those in the future. Obama and the Democrats cannot continue to blame Bush, Karl Rove, Dick Cheney, Fox News, talk show hosts, or Tea People for their continuous blunders and missteps.

The Hope and Change crowd that propelled President Obama into office seems to be abandoning ship and missing in action. The winds in their sails are gone. There are some media buddies still trying to support the administration such as Oberman, Maddow, Chris Matthews, The New York Times, and Jim Carville with the enthusiasm lessening each day by other Progressives and Liberals.

The underlings in both Houses of Congress seem to becoming restless as the 2010 election approaches with many incumbents of both parties getting nervous. There is more on the Democratic side fearing massive November losses. The Democratic leadership is having a difficult time in several states that as the failures and waffling continue by the White House. A new challenge from the Progressives will emerge from the underground and along with the “Tea People” will cause pain for the Obama presidency as well as both Political parties in 2010. Stay Tuned


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