Obama Isn’t Weak, He’s a Traitor

Barry, Penny, and Michelle

In his column posted December 2, Paul Krugman describes Barack Obama’s apparent “moral collapse” and “a complete failure of purpose and loss of direction” in the White House, and by endorsing an interpretation of Obama’s ridiculous antics which is now so common that even the Obamabot hive at Daily Kos is buzzing with it, Prof. Krugman gets himself tangled up in a variety of mysteries.

The real question is what Mr. Obama and his inner circle are thinking. Do they really believe, after all this time, that gestures of appeasement to the G.O.P. will elicit a good-faith response?

What’s even more puzzling is the apparent indifference of the Obama team to the effect of such gestures on their supporters.

What a puzzle! What can Team Obama possibly be thinking?

But maintaining the theory that Obama is really a good-hearted klutz who trips all over himself while he’s trying to do the right thing now requires the addition of so many fantastical epicyles to keep it spinning that we should probably just junk it, and look for the star around which Obama and his satellites obviously revolve, and that star is the banks.

In 2002 Barack Obama was a very undistinguished state senator who had been crushed in a Democratic Congressional primary by Bobby Rush, and his career was in the toilet.

And then the damsel in distress Obama was heroically rescued by a very unlikely white knight, the deeply dishonest but incredibly wealthy Queen of Sub-Prime Banking Penny Pritzker, who hired David Plouffe and David Axelrod to add some charisma to their telegenic talking-head Barack Obama, and with absolutely unlimited access to all those Pritzker billions, only two years later Obama was reading a speech by David Axelrod at the Democratic National Convention, and didn’t he look beautiful on TV!

You may not believe the Pritzker background, but my Copernican hypothesis that Obama revolves around the banks eliminates a heck of a lot of mysterious epicycles which afflict all other theories, and the only remaining puzzle is why virtually everybody except Jacob Freeze has totally ignored a sub-prime banking billionaire who served as financial director of Obama’s campaigns for the Senate and Presidency.

Why did the media focus so much more attention on Bush’s backer Kenny Lay, when Penny Pritzker assisted Obama a whole lot more than Kenny helped Dubya?

And again there’s a simple enough explanation, because Penny Pritzker is just a girl, and in our ludicrously sexist culture, who wants to believe that a girl could be pulling the strings on a puppet President?


But whatever the unseen field of force may be which spins Barack Obama around the banks, my bank-o-centric hypothesis accounts for all the appearances with much less fuss and bother than Krugman’s Ptolemaic epicycles, and…

Barack Obama isn’t weak, he’s a traitor to the middle class, and the working class, and everybody else except the banks.



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  1. There’s a lot more politicians than just Obama who would qualify…

    • InExile on December 5, 2010 at 5:44 pm

    Good call Jacob.

    • Xanthe on December 5, 2010 at 7:31 pm

    Commonwealth Edison from ’73 to ’80 – a mover and shaker in Chicago politics whose son Bill was a neighbor of Obama’s and an early supporter –

    Thomas Ayers was tied to Sidley & Austin in Chicago, a large lawfirm who handled Commonwealth.  As I understand it, Obama was given a summer internship wherein he had an office and began writing his book.

    Bill Ayers would have gone to prison for a long time save for his father’s influence.

    THe only star Obama is interested is his own – he should have been in movies.  How he must have reveled in the Afghanistan trip (the adulatory photos are something — too bad he got pushed and pulled into politics.  Unfortunate for America.

  2. An engineered financial theft

    A Peace Prize for continued/expanded Bush Wars of Error based upon Larry Silverstein’s asbestos abatement problem.

    A unicorn flu scare.

    A health bill destroying the health infrastructure!

    A Frankenfoods Bill and a feelup at the airport.

    An internet that’s censored but brings you lamestream for free.

  3. That implies that he had former loyalties that he has since abandoned.  Do we have evidence that he was ever anything but a corporatist?   I recall that during the campaign he had to scramble to get Al From to remove his name from the roll of elected DLC members.

  4. …was in line to become Obama’s Commerce Secretary but disuaded Obama from going forward with her nomination because of problems about her troubling past which would be stirred up in hearings.

    Dennis Bernstein, host of “Flashpoints” on KPFA Pacifica radio produced several reports about Penny Pritzker during the run-up to the 2008 election.  She didn’t earn the title “Queen of the Sub-Prime Loan Industry” for nothing.

    Bernstein reported this at consortiumnews.com, February 28, 2008.

    Though Superior Bank collapsed years before the current sub-prime turmoil that is rocking the world’s financial markets – and pushing those millions of homeowners toward foreclosure – some banking experts say the Pritzkers and Superior hold a special place in the history of the sub-prime fiasco.

    “The [sub-prime] financial engineering that created the Wall Street meltdown was developed by the Pritzkers and Ernst and Young, working with Merrill Lynch to sell bonds securitized by sub-prime mortgages,” Timothy J. Anderson, a whistleblower on financial and bank fraud, told me in an interview.

    “The sub-prime mortgages,” Anderson said, “were provided to Merrill Lynch, by a nation-wide Pritzker origination system, using Superior as the cash cow, with many millions in FDIC insured deposits. Superior’s owners were to sub-prime lending, what Michael Milken was to junk bonds.”

    In other words, if you traced today’s sub-prime crisis back to its origins, you would come upon the role of the Pritzkers and Superior Bank of Chicago.

    So Penny disappeared behind the scenes again, where she continues to build her empire.

  5. the maternal grandmother who raised Obama, was a banker.  And, according to him, a tough cookie.  She was vice-president of a bank in Hawaii, in fact.  I’ve been wondering for quite a while just how much that fact and influence shaped–and warped–Obama’s attitude toward banks and banking.  Apparently quite a lot.

  6. boldprogeressives dot org sent this in a e-mail yesterday:

    For those of us who campaigned hard for President Obama in 2008, the headlines this weekend are both depressing and infuriating…

    “Obama eyes tax deal” – MSNBC

    “Obama Signals Openness to a Tax-Cut Deal” – Wall Street Journal

    “Obama, GOP in quiet talks to extend tax cuts” — Washington Post


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