You are viewing an obsolete version of the DU website which is no longer supported by the Administrators. Visit The New DU.
Democratic Underground Latest Greatest Lobby Journals Search Options Help Login
Google

Barack Obama and The Audacity of Deception [View All]

Printer-friendly format Printer-friendly format
Printer-friendly format Email this thread to a friend
Printer-friendly format Bookmark this thread
This topic is archived.
Home » Discuss » Archives » General Discussion: Presidential (Through Nov 2009) Donate to DU
Progress And Change Donating Member (617 posts) Send PM | Profile | Ignore Fri Dec-07-07 02:47 PM
Original message
Barack Obama and The Audacity of Deception
Advertisements [?]
This catalogues' some of Obama's deceptions.


"Ever wonder why the “progressive” (as he repeatedly describes himself) Obama dances for Wall Street on the (fake) Social Security “crisis” (Krugman 2007a) and sounds like Mitt Romney and Rudy Guliani in decrying the specter of “government mandated” universal health care (Krugman 2007b)? Curious about why the avowed environmentalist thinks that nuclear power should be considered part of the solution to America’s energy crisis and has recently joined Hillary in voting for the extension of the corporate-neoliberal North American Free Trade Agreement to Peru?

Follow the money. Obama’s presidential campaign has received nearly $5 million dollars from securities and investment firms and $866,000 from commercial banks through October of 2007. Obama’s top contributor so far is Goldman Sachs (provider of $369,078 to Obama), identified by Center for Responsive Politics (CRP) investigators as “a major proponent of privatizing Social Security as well as legislation that would essentially deregulate the investment banking/securities industry.” Eight of Obama’s top twenty election investors are securities and investment firms: Goldman Sachs, Lehman Bros. (number 2 at $229,090), J.P. Morgan Chase and Co. (# 4 at $216,759), Citadel Investment Group (#7 at 4166,608), UBS AG ($146,150), UBS-America ($106,680), Morgan Stanley ($104,421), and Credit Suisse Group ($92,300). The last two firms are also known to be leading privatization advocates (Center for Responsive Politics 2007a).

Meanwhile, Obama’s presidential run has been “assisted” by more than $2 million from the health care sector and nearly $400,000 from the insurance industry through October of 2007 (Center for Responsive Politics 2007b). Obama received $708,000 from medical and insurance interests between 2001 and 2006 (Center for Responsive Politics 2007c). His wife Michelle, a fellow Harvard Law graduate, was until a recently a Vice President for Community and External Affairs at the University of Chicago Hospitals, a position that paid her $273, 618 in 2006 (Sweet 2007). "

"It gets worse. Obama has repeatedly voted to spend billions on the illegal invasion since his arrival in the U.S. Senate. He inveighs against the “Tom Hayden wing of the Democratic Party” and has told congressional Democrats they would be “playing chicken with the troops” if they dared to actually (imagine) de-fund the Cheney-Bush “war.” "

http://www.zmag.org/content/showarticle.cfm?SectionID=90&ItemID=14448
Printer Friendly | Permalink |  | Top
 

Home » Discuss » Archives » General Discussion: Presidential (Through Nov 2009) Donate to DU

Powered by DCForum+ Version 1.1 Copyright 1997-2002 DCScripts.com
Software has been extensively modified by the DU administrators


Important Notices: By participating on this discussion board, visitors agree to abide by the rules outlined on our Rules page. Messages posted on the Democratic Underground Discussion Forums are the opinions of the individuals who post them, and do not necessarily represent the opinions of Democratic Underground, LLC.

Home  |  Discussion Forums  |  Journals |  Store  |  Donate

About DU  |  Contact Us  |  Privacy Policy

Got a message for Democratic Underground? Click here to send us a message.

© 2001 - 2011 Democratic Underground, LLC