Archive for Jesse Jackson

Joe the Shakedown Artist

I don’t think I’ve read a better summation of the President’s shakedown of the moneymen (”speculators” he called them) who hold Chrysler’s debt:

The President’s attempted diktat takes money from bondholders and gives it to a labor union that delivers money and votes for him.

Let’s also mention only in passing the irony of this same President begging hedge funds to borrow more to purchase other troubled securities. That he expects them to do so when he has already shown what happens if they ask for their money to be repaid fairly would be amusing if not so dangerous.

That’s indisputable. The numbers I’ve read suggest that the investors, who hold 30% of the company, had been asked (asked my ass—told, even threatened, is closer to the mark) to take scant pennies on the dollar (they offered to “compromise 50% of their first-lien position to help support the rehabilitation of Chrysler”, says their lawyer), while the United Auto Workers, which held a 10% stake, is to be given 55% of the company in exchange for a few concessions.

But it gets even better:

Last but not least, the President screaming that the hedge funds are looking for an unjustified taxpayer-funded bailout is the big lie writ large. Find me a hedge fund that has been bailed out. Find me a hedge fund, even a failed one, that has asked for one. In fact, it was only because hedge funds have not taken government funds that they could stand up to this bullying. The TARP recipients had no choice but to go along. The hedge funds were singled out only because they are unpopular, not because they behaved any differently from any other ethical manager of other people’s money. The President’s comments here are backwards and libelous. Yet, somehow I don’t think the hedge funds will be following ACORN’s lead and trucking in a bunch of paid professional protestors soon. Hedge funds really need a community organizer.

OH! That’s going to leave a mark.

This is America. We have a free enterprise system that has worked spectacularly for us for two hundred plus years. When it fails it fixes itself. Most importantly, it is not an owned lackey of the oval office to be scolded for disobedience by the President.

I am ready for my “personalized” tax rate now.

Who is this, Joe the Hedge Fund Manager?

Let us recall how candidate Obama spoke of hedge funds—versus how he acted:

Obama’s corporate-bashing rhetoric should, of course, come as no shock. During the campaign and continuing through his first 100 days, he has routinely attacked the “ethic of greed.” When Sen. John McCain publicized Obama’s wealth redistribution comments to Joe the Plumber, Obama snarked that McCain was “fighting for Joe The Hedge Fund Manager” and was “in cahoots with Joe the CEO.” First Lady Michelle Obama also singled out hedge fund managers for scorn, urging young people to turn away from unrewarding work on Wall Street for more fulfilling jobs in the “helping industry.”

But behind the public lashings, the Obamas were all too happy to pass the plate around the pews of the Church of “Greed.” According to the Center for Responsive Politics, hedge funds and private equity firms donated $2,992,456 to the Obama campaign in the 2008 cycle. Obama, vocal critic of the campaign finance practice known as “bundling,” accepted more than $200,000 in bundled contributions from billionaire hedge-fund manager James Torrey, more than $100,000 in bundled contributions from billionaire hedge-fund manager Paul Tudor Jones and more than $50,000 in bundled contributions from billionaire hedge-fund manager Kenneth C. Griffin, chief executive officer of Citadel Investment Group in Chicago.

No less than 100 Obama bundlers are investment CEOs and brokers: nearly two dozen work for financial giants such as Lehman Brothers, Goldman Sachs or Citigroup.

Somehow, “President” doesn’t feel like the right title for Obama. First Community Organizer is better. Or Shakedown Artist in Chief.

Jesse Jackson muttered those notorious words: “Barack… I want to cut his nuts off.” But I think Obama is the one wielding the rusty blade: he’s taken Jackson’s PUSH extortion tactics to a national scale.

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Sometimes, the Apple Does Fall Far From the Tree

What do you use to kill a snake but a rat (technically a mongoose, but they’re related…distantly)

Rep. Jesse Jackson Jr., who was cited in a criminal complaint against Rod Blagojevich, went to the U.S. Attorney’s office about alleged wrongdoers, including the Illinois governor, a Jackson spokesman said Tuesday.

Jackson rejected being labeled with the term “informant” in a message to CNN contributor Roland Martin.

Spokesman Edmonds described Jackson’s interaction with federal authorities this way: “As a responsible citizen and elected official, Congressman Jackson has in the past provided information to federal authorities regarding his personal knowledge of perceived corruption and governmental misconduct.

“This was completely unrelated to the current investigation regarding the U.S. Senate appointment. And it is absolutely inaccurate to describe the congressman as an informant,” Edmonds said in a written statement.

Okay, how about stoolie? Or tattler? Or squealer? Or backstabber? Or snitch?

But well done, Jesse, if unexpected. So when are you going to, uh, “provide information” about perceived corruption and misconduct a bit closer to home? How do you think daddy makes a living?

Rezko’s singing, Jackson’s squealing, Obama’s schvitzing. Is this a great country, or what?

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Jesse Explains It All

Jesse Jackson discusses his relationship with the Obamas, his feelings towards Israel and American Jews, and a host of other matters.

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Jackson: Expects Obama to stop “putting Israel’s interests first” in making Mideast policy.

You get the drift:

Jackson believes that, although “Zionists who have controlled American policy for decades” remain strong, they’ll lose a great deal of their clout when Barack Obama enters the White House.

“Obama is about change,” Jackson told me in a wide-ranging conversation. “And the change that Obama promises is not limited to what we do in America itself. It is a change of the way America looks at the world and its place in it.”

Jackson warns that he isn’t an Obama confidant or adviser, “just a supporter.” But he adds that Obama has been “a neighbor or, better still, a member of the family.” Jackson’s son has been a close friend of Obama for years, and Jackson’s daughter went to school with Obama’s wife Michelle.

“We helped him start his career,” says Jackson. “And then we were always there to help him move ahead. He is the continuation of our struggle for justice not only for the black people but also for all those who have been wronged.”

Will Obama’s election close the chapter of black grievances linked to memories of slavery? The reverend takes a deep breath and waits a long time before responding.

“No, that chapter won’t be closed,” he says. “However, Obama’s victory will be a huge step in the direction we have wanted America to take for decades.”

Jackson rejects any suggestion that Obama was influenced by Marxist ideas in his youth. “I see no evidence of that,” he says. “Obama’s thirst for justice and equality is rooted in his black culture.”

I realize that many people who support Israel’s right to exist in secure and defensible borders are not concerned about an Obama Presidency. I just can’t get there. Incidentally, Zionism, which Jackson clearly abhors, is the Human Liberation Movement of the Jewish people. It is not a dirty word.

- Aggie

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Paranoia At The NY Times

Maureen Dowd has lost it

In the dead of night in a small hideaway office in the deserted Capitol, a clandestine meeting takes place between two senators with one goal.

They grin at each other as they lift their celebratory shots of brutally cold Stolichnaya.

“Our toast to The One,” they say in unison, “is that he’s toast.”

“Obama should have picked you, Hillary,” John McCain tells her. “It isn’t fair, my friend. But it just makes it easier for me to whup him.”

“Don’t worry, John, I’ve put it behind me,” Hillary replies. “I’m looking toward the future now, a future that looks very bright, once we send Twig Legs back to the back bench.”

They chortle with delight.

This is the beginning of the Psychosis Of The Left. If they don’t win this election, we all better hide under our beds.

- Aggie

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Jesse Jackson’s Diary

Funny.

- Aggie

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Jesse Jackson: “I Want To Cut Off His Nuts” [Updated Again]

Oh dear heavens.. The Chicago Tribune has more

The national media was stunned, as if they’d just found out Obama is a Chicago politician rather than a mythic hero of Kennedyesque proportions, who drew the great sword Axelrod from the cornerstone of Chicago’s City Hall.

So stunned, they missed the truly freaky part, Jackson twisting his right wrist, as if he held a curved blade, giving a little pull, grunting for emphasis, like a butcher of the old school, if you will.

Blessed are the peacemakers.

He wanted something more than to cut off his nuts, apparently.

I want to cut his nuts off,” Jackson said, making a jabbing gesture with his hand.

Bill O’Reilly said the network decided not to air the other comments Jackson made because they were not relevant.

“We are not out to embarrass him and we are not out to make him look bad,” O’Reilly said. “If we were, we would have used what we had, which is more damaging than what you have heard.”

Oy. Couple more questions - If some racist white “Reverend” had made a string of very gross comments about the first Person-Of-Color Serious Presidential Candidate In Our Nation’s History, would we have gotten the full scoop? Along the same lines, it seems to me that reporting on this story is a bit thin. Anyone else notice that??? And what more could he have said? Did he offer up a recipe or something? Yesterday’s post below:

That’s what Jackson said about Obama.

Wolf Blitzer at CNN wouldn’t even use the quote, merely saying something to the effect that “we can’t even repeat what you said on air, its so crude.”
But in the time that it took me to post this, CNN pulled the Blitzer tape off, and published the I Want To Cut His Nuts Off quote.

I have a question. If Jesse Jackson says he wants to cut off Barack Obama’s balls, is that a racist statement? Is it hate speech?

If any white person had said it, would it have been racist? Or hate speech?

Does Jesse Jackson represent African Americans? Is this the same Jesse Jackson who spoke during prime time at the Democrat National Convention in 2000?

Is this the Big Tent Democratic Party or what?

I guess I have more than one question.

This just in from Barack Obama: This is not the Jesse Jackson I knew.

- Aggie

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