D
Dr. Jai Maharaj
Guest
Obama blames 'ethic of greed' for economy [while at a
fundraiser in the Manhattan headquarters...]
Obama blames 'ethic of greed' for economy
By Jeanne Cummings
The Politico
Thursday, March 27, 2008
Barack Obama went to New York Thursday and blamed
lobbyists, greedy businessmen and complacent Washington
politicians for creating "an ethic of greed" that led to
today's foreclosure crisis.
Not long after he left the stage, the Democratic
presidential hopeful attended a fundraiser held by his
campaign in a room in the Manhattan headquarters of Credit
Suisse, one of the major investment companies caught up in
the subprime lending mess.
While the fundraiser was not sponsored by the mortgage
lender, Obama's dual appearances highlight a challenge for
all three of the remaining presidential candidates:
convincing ordinary citizens they have the right formula
for fixing the economy and enough independence from the
nation's financial mandarins to push it through Washington.
Hillary Rodham Clinton's campaign pounced on the mixed
images evoked by Obama's New York schedule.
"According to the standard set by the Obama campaign, it
looks like Sen. Obama will have a hard time cracking down
on the practices that caused the credit and housing
crises," said Phil Singer, the Clinton campaign spokesman.
But Bill Burton, an Obama spokesman, fired right back.
"Today's event was a general fundraiser in a room paid for
by our campaign and attended by people from varied
backgrounds who are committed to changing the tone of our
politics -- and rejecting the kind of tactics that the
Clinton campaign is now embracing. Any suggestion that this
was a fundraiser hosted by the mortgage industry is
laughable," he said.
In truth, all of the candidates have made multiple trips to
New York's financial district -- including the big
investment firms now caught up in the mortgage meltdown --
to collect cash for their campaigns in the past two years.
More at:
http://www.politico.com/news/stories/0308/9238.html
- - - - - - - - - - -
hypocrite...
1 Posted on 3/27/2008 4:29:58 PM PDT by Sub-Driver
- - - - - - - - - - - - - - - - - - - - - - - - - - - -
End of forwarded message from:
http://www.freerepublic.com/focus/f-news/1992792/posts
Jai Maharaj
http://tinyurl.com/24fq83
http://www.mantra.com/jai
http://www.mantra.com/jyotish
Om Shanti
Hindu Holocaust Museum
http://www.mantra.com/holocaust
Hindu life, principles, spirituality and philosophy
http://www.hindu.org
http://www.hindunet.org
The truth about Islam and Muslims
http://www.flex.com/~jai/satyamevajayate
DISCLAIMER AND CONDITIONS
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o If you send private e-mail to me, it will likely not be read,
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that this constitutes a 'fair use' of any such copyrighted material as
provided for in section 107 of the US Copyright Law. In accordance with Title
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If you wish to use copyrighted material from this article for purposes of
your own that go beyond 'fair use', you must obtain permission from the
copyright owner.
fundraiser in the Manhattan headquarters...]
Obama blames 'ethic of greed' for economy
By Jeanne Cummings
The Politico
Thursday, March 27, 2008
Barack Obama went to New York Thursday and blamed
lobbyists, greedy businessmen and complacent Washington
politicians for creating "an ethic of greed" that led to
today's foreclosure crisis.
Not long after he left the stage, the Democratic
presidential hopeful attended a fundraiser held by his
campaign in a room in the Manhattan headquarters of Credit
Suisse, one of the major investment companies caught up in
the subprime lending mess.
While the fundraiser was not sponsored by the mortgage
lender, Obama's dual appearances highlight a challenge for
all three of the remaining presidential candidates:
convincing ordinary citizens they have the right formula
for fixing the economy and enough independence from the
nation's financial mandarins to push it through Washington.
Hillary Rodham Clinton's campaign pounced on the mixed
images evoked by Obama's New York schedule.
"According to the standard set by the Obama campaign, it
looks like Sen. Obama will have a hard time cracking down
on the practices that caused the credit and housing
crises," said Phil Singer, the Clinton campaign spokesman.
But Bill Burton, an Obama spokesman, fired right back.
"Today's event was a general fundraiser in a room paid for
by our campaign and attended by people from varied
backgrounds who are committed to changing the tone of our
politics -- and rejecting the kind of tactics that the
Clinton campaign is now embracing. Any suggestion that this
was a fundraiser hosted by the mortgage industry is
laughable," he said.
In truth, all of the candidates have made multiple trips to
New York's financial district -- including the big
investment firms now caught up in the mortgage meltdown --
to collect cash for their campaigns in the past two years.
More at:
http://www.politico.com/news/stories/0308/9238.html
- - - - - - - - - - -
hypocrite...
1 Posted on 3/27/2008 4:29:58 PM PDT by Sub-Driver
- - - - - - - - - - - - - - - - - - - - - - - - - - - -
End of forwarded message from:
http://www.freerepublic.com/focus/f-news/1992792/posts
Jai Maharaj
http://tinyurl.com/24fq83
http://www.mantra.com/jai
http://www.mantra.com/jyotish
Om Shanti
Hindu Holocaust Museum
http://www.mantra.com/holocaust
Hindu life, principles, spirituality and philosophy
http://www.hindu.org
http://www.hindunet.org
The truth about Islam and Muslims
http://www.flex.com/~jai/satyamevajayate
DISCLAIMER AND CONDITIONS
o Not for commercial use. Solely to be fairly used for the educational
purposes of research and open discussion. The contents of this post may not
have been authored by, and do not necessarily represent the opinion of the
poster. The contents are protected by copyright law and the exemption for
fair use of copyrighted works.
o If you send private e-mail to me, it will likely not be read,
considered or answered if it does not contain your full legal name, current
e-mail and postal addresses, and live-voice telephone number.
o Posted for information and discussion. Views expressed by others are
not necessarily those of the poster who may or may not have read the article.
FAIR USE NOTICE: This article may contain copyrighted material the use of
which may or may not have been specifically authorized by the copyright
owner. This material is being made available in efforts to advance the
understanding of environmental, political, human rights, economic,
democratic, scientific, social, and cultural, etc., issues. It is believed
that this constitutes a 'fair use' of any such copyrighted material as
provided for in section 107 of the US Copyright Law. In accordance with Title
17 U.S.C. Section 107, the material on this site is distributed without
profit to those who have expressed a prior interest in receiving the included
information for research, comment, discussion and educational purposes by
subscribing to USENET newsgroups or visiting web sites. For more information
go to: http://www.law.cornell.edu/uscode/17/107.shtml
If you wish to use copyrighted material from this article for purposes of
your own that go beyond 'fair use', you must obtain permission from the
copyright owner.
