Tuesday, February 28, 2012
Does Not Compute
Repooflican bots love to quote Obama's "Energy prices will necessarily skyrocket...", and at the same time they love to call Obama "anti-free market".
Well, the first part is right, but not in the way brand-R means it. Obama wants energy prices to skyrocket so Goldman can take the money.
The "anti-free market" part has always been wrong, by R definitions. Repooflicans use "free market" to mean "China gets the jobs, Goldman gets the money, Americans get nothing." In their Satanic eyes this is a good thing. Well, by that definition Obama is ferociously pro-free market. He showed his Goldman loyalty before the 2008 election by helping with the TARP bailout, and has served Goldman slavishly ever since.
From McClatchy News:
In other words, Goldman's loyal slave Obama has appointed a Goldman Guardian to the federal "court" system, and Goldman Guardian Wilkins is about to halt the tiny weak loophole-filled Dodd-Frank joke.
Classic agreed-on lie. R-bots hate Obama because he's supposedly anti-Wall Street. D-bots love Obama because he's supposedly anti-Wall Street. As always, the parties share the same false "facts", and use the shared lie in opposite polemical directions.
Well, the first part is right, but not in the way brand-R means it. Obama wants energy prices to skyrocket so Goldman can take the money.
The "anti-free market" part has always been wrong, by R definitions. Repooflicans use "free market" to mean "China gets the jobs, Goldman gets the money, Americans get nothing." In their Satanic eyes this is a good thing. Well, by that definition Obama is ferociously pro-free market. He showed his Goldman loyalty before the 2008 election by helping with the TARP bailout, and has served Goldman slavishly ever since.
From McClatchy News:
Robert Wilkins, a judge on the U.S. District Court for the District of Columbia, declined a request for a preliminary injunction to halt the Commodity Futures Trading Commission from implementing a congressional mandate to limit how many oil contracts any single financial speculator or company can control.
However, Wilkins told both the CFTC and lawyers for the Securities Industry and Financial Markets Association and the International Swap and Derivatives Association that he expected to make a ruling soon on whether to hear the case. His line of questioning left both sides with the impression that he was concerned about how the regulatory agency has proceeded.
The two influential lobbies for Wall Street sought the injunction hoping to thwart what are called “position limits,” which were ordered by Congress as part of the landmark Dodd-Frank Act in 2010. The act was the broadest revamp of financial regulation since the Great Depression. The limits sought to prevent excessive speculation not just in oil but across the broad range of commodities, including farm products and metals.
Judge Wilkins expressed concern that Congress would direct the agency to impose market-wide limits without detailed study beforehand. President Barack Obama nominated Wilkins to the bench and the Senate confirmed him in 2010.
In other words, Goldman's loyal slave Obama has appointed a Goldman Guardian to the federal "court" system, and Goldman Guardian Wilkins is about to halt the tiny weak loophole-filled Dodd-Frank joke.
Classic agreed-on lie. R-bots hate Obama because he's supposedly anti-Wall Street. D-bots love Obama because he's supposedly anti-Wall Street. As always, the parties share the same false "facts", and use the shared lie in opposite polemical directions.
Labels: Shared Lie
¶ 2:43 AM
