A couple of hilarious points of hypocrisy erupted this week in the aftermath of the Supreme Court’s decision to strike down limits on contributions and advertising during political campaigns, especially those applicable to “corporations.” The most hypocritical came from Barack Obama himself, who angrily pledged in a statement and his weekly radio address to counter this decision through legislation:
We’ve been making steady progress. But this week, the United States Supreme Court handed a huge victory to the special interests and their lobbyists – and a powerful blow to our efforts to rein in corporate influence. This ruling strikes at our democracy itself. By a 5-4 vote, the court overturned more than a century of law – including a bipartisan campaign finance law written by Sens. John McCain and Russ Feingold that had barred corporations from using their financial clout to directly interfere with elections by running advertisements for or against candidates in the crucial closing weeks.
This ruling opens the floodgates for an unlimited amount of special interest money into our democracy. It gives the special interest lobbyists new leverage to spend millions on advertising to persuade elected officials to vote their way – or to punish those who don’t. That means that any public servant who has the courage to stand up to the special interests and stand up for the American people can find himself or herself under assault come election time. Even foreign corporations may now get into the act.
I can’t think of anything more devastating to the public interest. The last thing we need to do is hand more influence to the lobbyists in Washington, or more power to the special interests to tip the outcome of elections.
It’s worth pointing out that Barack Obama had an opportunity to limit that influence in the 2008 election simply by remaining in the public matching fund program that every major Presidential candidate had used since Watergate. In fact, Obama himself pledged to do just that in 2007 and again in early 2008, but changed his mind in June when he discovered that he could raise a lot more money than his opponent — by currying favor with Wall Street and the unions, as well as ethanol companies and a host of corporate-sponsored, lobbyist-run PACs. Obama raised over $600 million in 2008 for his eventual victory. READ MORE...
This fraud is providing more laughs then a comedian--
ReplyDeleteThe packaged president, with his unimaginable hubris----this from a guy who turned off the security features on his campaign website so he could raise hundreds of millions of untraceable cash---keep the laughs coming Barrack
The Financial Jihadist in the White House, our anti-business president, likes to keep secrets from the public----example---there is a little known rule that if you don't take public funding for your campaign, you are not subject to an audit of your campaign donations---keep it up Barrack---Jay Leno may have some competition in about 3 years---
This president is one big sad JOKE
Hey, can the media be catching on, as Paul Krugman of The New York Times "Conscience of a liberal," put it: "He Wasn't The One We've Been Waiting For."
ReplyDeleteHow about the once-delirious Europeans also, as the headline in Der Spiegel put it: "The World Bids Farewell to Obama."
The community organizer, the transformative healer is anything but---
The Fraud's words are props and codes and metaphors expressing and signifying nothing of consequence.
As pitiful and desperate as Obama has become, as his Marxist dreams go up in flames, it could even get worse for him, if his teleprompters start malfunctioning.