The two major cesspools that made Obama’s political career possible seem to gift us
with particularly malodorous emissions today.
Some of the financial titan’s current and former brass will testify in front of the Senate Permanent Subcommittee on Investigations in a hearing entitled “Wall Street and the Financial Crisis: The Role of Investment Banks.”
In the middle of it all, Goldman’s boss, whom Politico calls
arguably the most powerful figure on Wall Street,
comments Naked Capitalism
Blankfein’s comments sound like those of a narcissist completely unhinged at the idea that he is being criticized. If this neurosis pervades the Goldman executive ranks (which we think is entirely possible, see our earlier discussion), that provides an indirect confirmation of the widespread perception that the firm is concerned only with what it can get away with, and is lacking in any moral compass.
meanwhile, back at the ranch, Blago is still making headlines attaching his name to Obama and Rezko at the same time.
1. Obama may have lied about conversations with convicted fraudster Tony Rezko
Blagojevich’s lawyers allege that Rezko admitted breaking the law by contributing “a large sum of cash” to a public official. Blagojevich’s attorneys say that public official is Obama. Obama said that Rezko never relayed a request from a lobbyist to hold a fundraiser in favor of favorable legislative action. But the point may be moot: regardless of Obama talking/not talking to Rezko, Blagojevich’s attorneys say that Obama refused the request regardless.
but then again Rezko was on page one throughout most of the elections and no one bothered to mention it to the voters.
And if that Chicago swamp is not enough, Politico has another headline about the upcoming senate elections
White House leaves Dick Durbin hanging
It seems though, more corruption requires further distancing, Senate control be damned
At the moment, the White House seems open to the idea of losing Obama’s old seat rather than putting the president’s prestige on the line for Giannoulias, the brash and boyish Illinois state treasurer — and onetime Obama basketball buddy — whose campaign has been rocked by the financial meltdown of his family’s bank.
which of course pisses off the local operatives
“This is [Obama’s] state,” said a Democratic operative who is backing Giannoulias.
“If they keep this up, they are going to lose the majority leader’s seat, the vice president’s old seat and the president’s old seat,” the person added, referring to Sen. Harry Reid’s precarious Nevada reelection chances and the tossup race for Joe Biden’s old Senate seat in Delaware.
And this was “Today in corruption” for the Hope and change administration. Ironically, I found this grandstanding promise cover from February 2009
Anyone remember the names he named? Geitner? Goldman Sachs?
And in view of it all, omeone please remind me: what was Whitewater about again? Travelgate? Filegate? Bueler? Anyone?