Obama Proves He is Corporate Darling Despite Outgoing Opposition

-




His latest comments seem to prove once and for all that President Obama is really the friend of Wall Street and corporate executives even though the White House had to respond once again with denials and clarifications of his comments as the fury arose from the people.



Of course the corporate executives, who have seen profits and bonuses spiral out of control thanks to our ever so generous president and his bailouts, still do not trust the president and who could when he changes his policy whenever the polls and people raise hell. But they are laughing all the way to the bank.

His most recent comments, when he said he "doesn't begrudge" some of the multimillion dollar bonuses handed out to top Wall Street executives, tried to disguise his thoughts as defending the free market system in America but in truth he has simply aided the corporate takeover of the government.

For over two years we have written about his strange connection to Wall Street, and especially Goldman Sachs and JP Morgan. However, neither the White House nor Congress has ever attempted to explain the series of actions we identified between Obama and Goldman Sachs dating all the way back to his election to the US Senate in 2004.



For background copy and paste the following links in the Coltons Point Times.

Friday, January 15, 2010
Omaha Slaps Bank Tax on Public - To Be Paid by 2018 - Rakes in Millions from Banks in 2010
http://coltonspointtimes.blogspot.com/2010/01/omaha-slaps-bank-tax-on-public-to-be.html

Wednesday, January 13, 2010
Congress Calls Banks to Testify - Why? Maybe Congress Should Testify as Well!
http://coltonspointtimes.blogspot.com/2010/01/congress-calls-banks-to-testify-why.html

Monday, January 04, 2010
Obama - The Harvard President - Are We Better Off Today than a Year Ago?
http://coltonspointtimes.blogspot.com/2010/01/obama-harvard-president-are-we-better.html

Wednesday, December 09, 2009
Obama the Wizard of Washington - A Master Illusionist
http://coltonspointtimes.blogspot.com/2009/12/obama-wizard-of-washington-master.html

Tuesday, November 03, 2009
The President's Palace Guard - Nixon had Haldeman, Obama has Emanuel - the Elite Puppet Masters
http://coltonspointtimes.blogspot.com/2009/11/presidents-palace-guard-nixon-had.html

Thursday, October 15, 2009
A bet on Obama turns to Gold for Goldman
http://coltonspointtimes.blogspot.com/2009/10/bet-on-obama-turns-to-gold-for-goldman.html

Tuesday, October 13, 2009
Obama, Rothschild's "Chosen One" Closer to being President of New World Order
http://coltonspointtimes.blogspot.com/2009/10/obama-rothschilds-chosen-one-closer-to.html

Thursday, September 24, 2009
Obama Caught Between Two Masters - Goldman Sachs & SEIU - Part 1. Goldman Sachs
http://coltonspointtimes.blogspot.com/2009/09/obama-caught-between-two-masters_24.html

Thursday, September 24, 2009
Obama Caught Between Two Masters - Goldman Sachs & SEIU - Part 2. SEIU
http://coltonspointtimes.blogspot.com/2009/09/obama-caught-between-two-masters.html

Friday, September 11, 2009
One Year since Financial Meltdown - Still no Regulatory Reform, Transparency, Prosecutions or Control of Lobbyists and Special Interests
http://coltonspointtimes.blogspot.com/2009/09/one-year-since-financial-meltdown-still.html

Monday, August 31, 2009
Bush Bails Out Obama as Obama Takes Credit for Bush Bank Bailout
http://coltonspointtimes.blogspot.com/2009/09/one-year-since-financial-meltdown-still.html

Monday, August 31, 2009
Bush Bails Out Obama as Obama Takes Credit for Bush Bank Bailout
http://coltonspointtimes.blogspot.com/2009/08/bush-bails-out-obama-as-obama-takes.html

Tuesday, August 18, 2009
Summer Wrap Up - Obama and The Economy - What About the Forgotten Americans?
http://coltonspointtimes.blogspot.com/2009/08/summer-wrap-up-obama-and-economy-what.html

Tuesday, August 18, 2009
Summer Wrap Up - Obama and Congress - Who is Looking out for Us?
http://coltonspointtimes.blogspot.com/2009/08/summer-wrap-up-obama-and-congress-who.html

Thursday, August 13, 2009
Capitalism Rothschild Goldman Style - An Idea Whose Time is Done
http://coltonspointtimes.blogspot.com/2009/08/capitalism-rothschild-goldman-style.html

Wednesday, July 15, 2009
Political Promises Paid in Full - Obama Style
http://coltonspointtimes.blogspot.com/2009/07/political-promises-paid-in-full-obama.html

Friday, July 10, 2009
Obama Gore & Goldman - Alchemists - Turning Green into Greenbacks
http://coltonspointtimes.blogspot.com/2009/07/obama-gore-goldman-alchemists-turning.html

Monday, June 22, 2009
Goldman Sachs Gets Multi-Billion Dollar Payback for Backing Obama
http://coltonspointtimes.blogspot.com/2009/06/goldman-sachs-gets-multi-billion-dollar.html

Thursday, June 11, 2009
Obama Fiddles, Congress Procrastinates and Rome Burns while Goldman, Morgan & the Rothschilds Reap Profits
http://coltonspointtimes.blogspot.com/2009/06/obama-fiddles-congress-procrastinates.html

Friday, May 29, 2009
Make Way for the New GMC, the Government Motor Company
http://coltonspointtimes.blogspot.com/2009/05/make-way-for-new-gmc-government-motor.html

Thursday, May 28, 2009
Deflation - An Economist's Illusion or the Real Deal?
http://coltonspointtimes.blogspot.com/2009/05/deflation-economists-illusion-or-real.html

Thursday, April 23, 2009
Obama Report Card - 1st 100 days - Chaos or Calculated Choreography
http://coltonspointtimes.blogspot.com/2009/04/obama-report-card-1st-100-days-chaos-or.html

Wednesday, April 15, 2009
Can Goldman Silence the Media?
http://coltonspointtimes.blogspot.com/2009/04/can-goldman-silence-media.html

Friday, February 27, 2009
THE OBAMA - GOLDMAN SACHS SCORECARD!
http://coltonspointtimes.blogspot.com/2009/02/obama-goldman-sachs-scorecard.html

Friday, February 06, 2009
Big Money Now Owns America
http://coltonspointtimes.blogspot.com/2009/02/big-money-now-owns-america.html

Thursday, November 06, 2008
The Economic Meltdown - Where do we go from here?
http://coltonspointtimes.blogspot.com/2008/11/economic-meltdown-where-do-we-go-from.html

Friday, October 24, 2008
The worldwide financial meltdown. Are the players, analysts and media guilty as well?
http://coltonspointtimes.blogspot.com/2008/10/worldwide-financial-meltdown-are.html

Wednesday, October 22, 2008
Obama versus McCain or Goldman Sachs versus The Rothschilds
http://coltonspointtimes.blogspot.com/2008/10/obama-versus-mccain-or-goldman-sachs.html

Tuesday, October 14, 2008
The Big Bailout - Free Market Socialism or Government Regulated Capitalism?
http://coltonspointtimes.blogspot.com/2008/10/big-bailout-free-market-socialism-or.html

Thursday, October 09, 2008
Hey Wall Street - Enough is Enough! Or Did You Already Bet on Obama?
http://coltonspointtimes.blogspot.com/2008/10/hey-wall-street-enough-is-enough-or-did.html

Monday, September 29, 2008
Is Wall Street Arrogance To Blame for Failures in Congress?
http://coltonspointtimes.blogspot.com/2008/09/is-wall-street-arrogance-to-blame-for.html

Monday, September 22, 2008
What the Hell is Happening on Wall Street?
http://coltonspointtimes.blogspot.com/2008/09/what-hell-is-happening-on-wall-street.html

Friday, August 22, 2008
Who really Controls America? The US Government or Big Money?
http://coltonspointtimes.blogspot.com/2008/08/who-really-controls-america-us.html
A painting of prayers with the Rothschilds.

Friday, August 22, 2008
Oil Price Speculation - Who do you believe?
http://coltonspointtimes.blogspot.com/2008/08/oil-price-speculation-who-do-you.html

Wednesday, August 20, 2008
Goldman Sachs Again Tries to Prop Up Oil Prices
http://coltonspointtimes.blogspot.com/2008/08/goldman-sachs-again-tries-to-prop-up.html

Thursday, August 14, 2008
Why Not Warning Labels for Financial Experts?
http://coltonspointtimes.blogspot.com/2008/08/why-not-warning-labels-for-financial.html

Wednesday, July 30, 2008
What happens if the USA has a Financial Meltdown?
http://coltonspointtimes.blogspot.com/2008/07/what-happens-if-usa-has-financial.html

Tuesday, July 29, 2008
Oil Hits Seven Week Low - How Low Can It Go?
http://coltonspointtimes.blogspot.com/2008/07/oil-hits-seven-week-low-how-low-can-it.html

Tuesday, July 29, 2008
Who Will Fall Next? Banks and the Credit Crisis
http://coltonspointtimes.blogspot.com/2008/07/who-will-fall-next-banks-and-credit.html

Monday, June 02, 2008
U.S. TREASURY SECRETARY PAULSON FUELS OIL PRICE CONSPIRACY
http://coltonspointtimes.blogspot.com/2008/06/us-treasury-secretary-paulson-fuels-oil.html

Tuesday, May 27, 2008
THE HIJACKING OF AMERICA – THROW THEM OUT, THROW THEM ALL OUT!
http://coltonspointtimes.blogspot.com/2008/05/hijacking-of-america-throw-them-out.html

STOP THE OIL PRICE CRISIS – IMPEACH CONGRESS!
http://coltonspointtimes.blogspot.com/2008/05/stop-oil-price-crisis-impeach-congress.html

Monday, May 12, 2008
DEMONS AND THEIR BLACK GOLD - OIL
http://coltonspointtimes.blogspot.com/2008/05/demons-and-their-black-gold-oil.html

Tuesday, May 06, 2008
OIL ANALYSTS DRIVE OIL PRICE RECORDS HIGHER
http://coltonspointtimes.blogspot.com/2008/05/oil-analysts-drive-oil-price-records.html

Tuesday, April 22, 2008
POLITICIANS and the OIL CRISIS – The SILENCE is DEAFENING
http://coltonspointtimes.blogspot.com/2008/04/politicians-and-oil-crisis-silence-is.html

Wednesday, March 19, 2008
SLICKER THAN AN OIL SPILL
http://coltonspointtimes.blogspot.com/2008/03/slicker-than-oil-spill.html

Wednesday, March 19, 2008
J.P. Morgan Chase buyout of Bear Stearns – A Trillionaires Delight
http://coltonspointtimes.blogspot.com/2008/03/jp-morgan-chase-buyout-of-bear-stearns.html

Tuesday, March 11, 2008
IS OIL BAILING OUT THE SUB-PRIME MORTGAGE MESS?
http://coltonspointtimes.blogspot.com/2008/03/is-oil-bailing-out-sub-prime-mortgage.html

Wednesday, March 05, 2008
THE OIL PRICE CONSPIRACY - KINGS & PAWNS
http://coltonspointtimes.blogspot.com/2008/03/oil-price-conspiracy-kings-pawns.html

Wednesday, March 05, 2008
THE JOYS OF CAPITALISM – MORE PROFITING FROM CRIME
http://coltonspointtimes.blogspot.com/2008/03/joys-of-capitalism-more-profiting-from.html

Friday, February 29, 2008
THE JOYS OF CAPITALISM – PROFITING FROM CRIME
http://coltonspointtimes.blogspot.com/2008/02/joys-of-capitalism-profiting-from-crime.html

Wednesday, January 23, 2008
SAILING THROUGH THE MELTDOWN
http://coltonspointtimes.blogspot.com/2008/01/sailing-through-meltdown.html

Thursday, January 18, 2007
The Power of the Press - Oil Profiteering Ends – for the Moment
http://coltonspointtimes.blogspot.com/2007/01/power-of-press-oil-profiteering-ends.html

Monday, January 08, 2007
Oil Price Profiteering – Whose Doing What to Whom?
http://coltonspointtimes.blogspot.com/2007/01/oil-price-profiteering-whose-doing.html

Now he actually defends the billion dollar bonus packagers of Wall Street and even approved those for AIG where another $90 billion in federal bailout money was diverted to save the very companies giving out the bonuses. Is it possible the liberal left are so blind they do not see how their own Chosen One sold them out long ago?



The economic policy of the Obama administration is like a revolving door with no clear policy, no clear, bad guys, not even a clear idea on how to proceed. We continue, now over a year, to wait for Obama to take charge of the economy, unemployment, punishing Wall Street, cutting the deficit and stop adding to the national debt but actions are lost in the proliferation of words from Obama and his trusted apologists.



Let's face it, we have rookies in the White House. What experience they might have had was how to rip off the government, not help it. They were behind the housing crisis, the oil crisis, the swaps and derivative frauds, the hedge fund loop holes and even the loss of control by the SEC over the stock and commodity markets.

Maybe now that there is nothing left of the government in terms of fiscal solvency all these experts and advisors will go back to their Wall Street lairs and find someone else to go after. The only people being stimulated by our government are the fat cats on Wall Street and in the White House. The only people benefiting from increased money are Congressmen filling their campaign coffers with dirty money from the corporate and union raiders.

We need a leader and we get a preacher. We need a man of principle and we get a man who goes with the wind. We need a fighter and we get a teleprompter robot. When we do get what we voted for?

Congress Calls Banks to Testify - Why? Maybe Congress Should Testify as Well!

-



Today the Financial Crisis Inquiry Commission is hearing testimony about the economic disaster of the past year from four of the nation’s leading bankers: Lloyd C. Blankfein of Goldman Sachs, Jamie Dimon of JP Morgan Chase, John J. Mack of Morgan Stanley and Brian T. Moynihan of Bank of America.



What in the world is the point? Isn't this just another example of Congress sending up a smoke screen to hide the fact there is nothing they can do about the practices and billions of dollars in executive bonuses being paid out by the banks that just a few months ago faced bankruptcy until the American taxpayers bailed them out. How can they when they are taking millions in campaign bribes from these same people for elections this year?

This is the midterm election year. It just started. Yet the House members have already raised over $263 million and Senate members have already raised over $166 million to get re-elected. Now where in the world did that money come from? Well over $85 million came from banks and over $54 million came from lawyers and lobbyists. Is there any doubt why this Congress cannot slap the hand that feeds them?



In last year's election the banks poured $132 million and the lawyers and lobbyists poured over $95 million into the presidential race. Doesn't that explain why Obama has also been silent on exposing the co-dependence between our politicians and the institutions they are supposed to regulate.

Our economy collapsed over the last two years yet Congress has just started hearings on why the economy collapsed? When do they ever plan on getting to the point of telling us which of their contributors caused the collapse, and how they intend to punish them? Never! Our federal elected officials long ago sold their souls for campaign contributions and have been protecting the thieves in our midst ever since.



Hearings like these are an insult to the public, make a mockery of our governmental system, and do nothing to stop the high crimes and theft between Wall Street in NYC and Easy Street in our Nation's Capitol. Not a single soul in Washington seems to be saying anything about stopping the millions of campaign dollars from being collected by our elected officials from the same people ripping off the system and paying the multi-billion dollar bonuses.

Campaign reform, a pledge of Obama, the Democrats and Republicans, has vanished from the national debate. Well without campaign reform nothing can be done to stop the flow of money from the banks to the politicians. If $139 million has already been invested by the banks in our politicians this year, and it is only the middle of January, just imagine the price that will be paid before the year is out to buy our politicians.



Only the people of America can stop this nonsense. We must demand politicians stop taking the bribes. And we must throw out the politicians taking the bribes. There is no way a White House and Congress already dependent on the campaign funds will stop it.



We have been lied to over and over again. Politicians and the media, whose companies are also dependent on these same firms for advertising revenue, will never tell you the truth about how the politicians and media in America are for sale.

The American revolution was fought over an insensitive government, a corrupt government, and the influence of big business and the banks on the American way of life. Nothing seems to have changed in all the years since. Once again it is the people who must take back America and purge our nation of the evil, corruption, deceit and moral decay that rein supreme.



Freedom and democracy are again threatened by political institutions that think they know better than the people. Nothing could be further from the truth. The ballot is our first line of defense to stop the rape of America and now that the president and congress have demonstrated they cannot stand up to the people who own them, we must use the ballot to clean up the mess.

-