Wednesday, July 18, 2012

Why Obama is the Worst Socialist Dictator Ever: Volume I

From the moment Obama became a household name, we've been consistently bombarded by the right wing noise machine that Obama's the most leftist human being ever to have walked the face of the Earth. A man so socialist that he'd make Joseph Stalin look Like Ronald Reagan (peace be upon him).

Now, while us liberals may have thought such a person would be our dream candidate, the reality has been far more disappointing. Instead of Chairman Obamao, we got someone who:

-Provided a massive giveaway to the health insurance companies (instead of bulldozing every one of their buildings)
-Gave hundreds of billions of dollars to our largest banks (instead of nationalizing them)
-Extended the Bush tax cuts for the rich (instead of killing them. The rich, I mean).

And several other policies that hardly bring out visions of Castro's Cuba.

So, I decided that I would make the effort to document all instances of Obama failing to direct the country down the path of communism, in an on-going series I call: "Why Obama is the Worst Socialist Dictator Ever". Albeit...with one differentiating feature: I'll be supported by the unlikely allies from the right wing.

Indeed, ever since this hoopla about all this Bain, and outsourcing business, Mitt Romney and his allies on the right have found it difficult to try and defend his business record. While they may love things like outsourcing, they realize that most Americans don't, and that it would be an immense undertaking to explain to the filthy masses why its for their own good.

So instead, the righties have decided to flip this argument around and say that Obama is the heartless, big business loving, crony capitalist who loves outsourcing American jobs overseas, not Romney! It's a prime example of Rovian style warfare, take your own candidate's biggest weakness, and imprint it on the other guy.

Here to start off, we have none other than the great Michelle Malkin, via The National Review:

 Obama campaign adviser David Axelrod and his hatchet people are still yammering about GOP presidential rival Mitt Romney’s overseas investments. It’s time for the Romney campaign to educate voters about all the shady financial institutions embraced by Democrats right here on American soil.

Indeed, LET'S.

Broadway Bank. In 2010, President and Mrs. Obama personally raised money for their Chicago friend and fundraiser Alexi Giannoulias. As I reported then, Giannoulias’ Greek-immigrant family founded Chicago-based Broadway Bank, a now-defunct financial institution that loaned tens of millions of dollars to convicted Mafia felons and faced bankruptcy after decades of engaging in risky, high-flying behavior. It’s the place where Obama parked his 2004 U.S. Senate–campaign funds. And it’s the same place that a mutual friend of Obama and Giannoulias — convicted Obama fundraiser and slumlord Tony Rezko — used to bounce nearly $500,000 in bad checks written to Las Vegas casinos.

Chicago’s former inspector general blasted Giannoulias and his family for tapping $70 million worth of dividends in 2007 and 2008 as the real-estate crash loomed. Broadway Bank was sitting on an estimated $250 million in bad loans. The cost to taxpayers after the bank was shut down two years ago: an estimated $390 million.
ShoreBank. The “progressive” Chicago-based community development bank, a “green” financial institution whose mission was to “create economic equity and a healthy environment,” folded in August 2010. Obama personally had endorsed the politically connected bank and appeared in a video promoting its Kenyan microlending project. But it was a doomed social-justice experiment. After regulators shut it down, Obama crony companies including Bank of America and Goldman Sachs took over the mess courtesy of taxpayer subsidies.

Bank of America, which raked in $45 billion in Obama-supported TARP bailout funds and billions more in secret emergency federal loans, footed the $50 million restitution payment bill for Mozilo and another Countrywide official. In 2008, BofA’s political-action committee gave its biggest contributions to Obama, totaling $421,000. And as I noted in January, Bank of America supplied the Democrats with a $15 million revolving line of credit, along with an additional $17 million loan during the 2010 midterms.

Man, that's some hard hitting shiznite right there (not being sarcastic, by the way). Obama and his democratic allies are way too buddy-buddy with many of these fatcat, uber wealthy private corporations, and it is just DISGUSTING. Thankfully, we have a new group of freedom hating friends who seem all too happy to point out just how much of a failure Obama is at trying to enact his radical leftist agenda.

Welcome to the club, Michelle.

Oh, and by the way, there's a two abortion minimum requirement. Rules are rules.

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