Obama Pimps Out The Taxpayer As Goldman Urinates On The Law And Gets Away With It

The news hit 22 minutes after the stock market had closed, ironically on a day when the Senate passes the Financial Reform Bill (henceforth known on this blog as "The Farcical Retardation Bill").  The Obama Government settles a massive fraud case against Goldman, potentially worth billions in fines to the Taxpayer, for $550 million.  Hmmm...let's see...if I commit fraud and break several laws and make several billion dollars in the process, I guess paying $550 million in fines ex post facto is just part of the cost of doing business in the land of Obama.  Of course, CNBC was allowed to report the news first - News Link - and Goldman stock was up 4.6% in after hours trading.

Several years ago a colleague and I expressed to each other that the fraud and corruption in this country would eventually become so extreme and absurd that it would blow even our minds.  This is one of those events.  Setting aside pontificating about the horrifyingly benign deal that Obama gave Goldman, I would prefer to focus on Obama himself.  Where is the slick speechmaker who promised to clean up DC and Wall Street and return Rule of Law to the people?  To be quite frank, I believe at this point that ANYONE who fails to see how pathetically dishonest and incompetent Obama is as a President - of, by and for the People - is either a complete idiot or just refuses to look at the truth.  I mentioned to another colleague today that I have not seen a President in my lifetime as completely useless as Obama.  He makes W look a like a natural born leader - and this is coming from an observer - me - who started counting down the days until W was gone back in late 2000.

I believe this event can stand alone in underscoring the kind of cheap ghetto whore who now is sitting in the White House.  A man who promised to deliver morality, ethics, virtue and trust back into the cradle of our system.  Yet at every turn he takes our whole country deeper into the polluted swamp that belies the landfill upon which DC was built.  This sums it up the best: 

In a moral society, these are the criminals, and the statutes are written to protect you against them.  But when a society establishes criminals-by-right and looters-by-law - men who use force to seize the wealth of the disarmed citizens - then money becomes its creators' avenger...When you see that men get richer by graft and by pull than by work, and your laws don't protect you against them, but protect them against you - when you see corruption being rewared and honesty becoming a self-sacrifice - you may know your society is doomed  (Atlas Shrugged).

With this Goldman settlement, Obama has allowed "criminals-by-right and looters-by-law" and our society is doomed. Of course, we should have never assumed anything to the contrary once he appointed a serial tax-cheater to be the man in charge of collecting tax revenues...