posted July 21, 2011 10:34 AM            

Let's see!

O'Bomber campaigned on a couple of issues which resonated with conservatives and independents.

O'Bomber was going to go through the federal bureaucracy and cut fraud, waste and duplicative efforts in federal agencies. I knew the Marxist Socialist Progressive O'Bomber was lying through his teeth.

Instead, O'Bomber increased the federal employee workforce and expanded their authority and CUT nothing.

O'Bomber was going to go through Medicare and Medicaid with a fine toothed comb and CUT fraud and waste. I knew the Marxist Socialist Progressive O'Bomber was lying through his teeth.

Instead, O'Bomber put millions of additional people on Medicare, stole $557 BILLION from senior citizens and set up a system of health care rationing.

The fact is katatonic...you don't know what treatments can be reduced or eliminated without killing senior citizens...and neither does O'Bomber...nor does O'Bomber give a rat's ass. Killing senior citizens by denying proper medical treatment is seen as a win-win by O'Bomber.

posted July 30, 2011 09:40 AM            

"Millionaires and billionaires," President Obama says derisively, must make more "sacrifices" and live by the same rules the rest of America lives by. But there are seven little words that will never appear on the White House teleprompter: "And that means you, too, George Soros."

For all his (and his wife's) bashing of greedy Wall Street hedge-fund managers, Obama has shown nothing but love to the world's most famous hedge-fund mogul. The feeling is mutual and deep(-pocketed).

Soros and his family shelled out $250,000 for Obama's inauguration, $60,000 in direct campaign contributions and untold millions more to liberal activist groups pushing the White House agenda. While the class warrior-in-chief assails conniving financiers who exploit loopholes and corporate titans who imperil the planet, he lets the Soros exemptions to his attack-the-rich rules slide like butter on a hot plate.

This week, for example, Soros announced he was "quitting" the hedge-fund industry. The headlines emphasized his decision to return about $750 million to outside investors (a drop in his $30 billion bucket of personal wealth). He's reconstituting the business that landed him on Forbes magazine's "wealthiest people" list as a "family" interest. But the move has "self-serving politics" written all over it.

Over the past year, Soros provided coveted support for Obama and the Democrats' Byzantine financial "reforms" under the sweeping Dodd-Frank law. He preached to financial publications around the world about the need for increased regulatory controls over his industry. And in November 2008, while paying obligatory lip service to concerns about going too far, he submitted a statement to the House Committee on Oversight and Government Reform that recommended: "The entire regulatory framework needs to be reconsidered, and hedge funds need to be regulated within that framework."

Frameworks for thee, but not for he, however.

Under Title IV of Dodd-Frank, hedge funds were required to abide by new registration and reporting requirements in an attempt to better police systemic risk (not that the feckless Securities and Exchange Commission has ever been able to fulfill that mission). To evade the regulations, Soros and other firms have used a recently passed rule allowing so-called family offices to shield themselves from both registration and disclosure rules that would have subjected Soros Inc. to a new "Financial Stability Oversight Council."

Somehow, in touting its one-year anniversary last week, there was nary a peep about the myriad loopholes and de facto waivers being granted to Obama's powerful benefactors whose names start with "S" and end in "-oros."

GOP Sen. Richard Shelby of Alabama called Soros' hypocrisy out, telling Reuters this week: "It appears that Mr. Soros talked up financial reform only to sell it short. Don't be surprised to see his fellow Wall Street financiers follow suit."

This comes on top of the Obama administration's $2 billion offering in 2009 to Brazilian state-owned offshore oil-drilling company Petrobras -- in which Soros and his management company own an $811 million stake.

Offshore drilling for they, but not for the rest of the USA. Membership in the self-exempting progressive billionaires' club has its privileges.

posted July 30, 2011 10:48 AM            

but as i recall you thought it went too far? another socialist monstrosity in the making, as i recall...

posted July 30, 2011 11:52 AM            

Soros IS the hedge fund; others are not "PRIVATELY HELD".

But, wasn't it cute that O'Bomber banned drilling in the Gulf of Mexico to run off all the oil drilling companies with their drilling rigs...while at the same time laying a pile of cash on the Brazilian Oil company in which George Soros owns almost a Billion dollars in stock?????