Texas Rainmaker

In order to sell his new, bogus, financial reform bill, the Obama administration is orchastrating a kabuki theater civil suit via the SEC against Goldman Sachs. I bet he’s glad he’s got the MSM on his side… or this could’ve been messy in this election year.

But the mere $151,722.42 (inflation adjusted) in contributions from Enron-affiliated executives, employees, and PACs to Bush hardly add up to Obama’s $1,007,370.85 (inflation adjusted) from Goldman-affiliated executives and employees. That’s also not taking into account how much Goldman contributed to Obama cabinet member Hillary Clinton ($415,595.63 inflation adjusted), which was itself almost three times as much as Bush received as well.

It would be fair to say that the total amount the Obama administration has received from those affiliated with Goldman Sachs is ten times that of what Bush received from Enron.

Well, it is change.

…and don’t forget about all the Goldman Sachs’ employees who work in, or advise, the Obama administration making the very regulations that govern Goldman Sachs.

Obama claims he learned of the charges against Goldman Sachs via cable TV.

Yeah, right. Another lie of convenience… or another example of a President who is completely unaware of the world around him.

UPDATE: The good news… maybe this wasn’t a case of Obama being ignorant and out of touch… again. The bad news… looks like Obama was just lying his ass off… again.

While Goldman Sachs’ lawyers negotiated with the Securities and Exchange Commission over potentially explosive civil fraud charges, Goldman’s chief executive visited the White House at least four times.

White House logs show that Chief Executive Lloyd Blankfein traveled to Washington for at least two events with President Barack Obama, whose 2008 presidential campaign received $994,795 in donations from Goldman’s political action committee, its employees and their relatives. He also met twice with Obama’s top economic adviser, Larry Summers.

Meanwhile, however, Goldman is retaining former Obama White House counsel Gregory Craig as a member of its legal team. In addition, when he worked as an investment banker in Chicago a decade ago, White House Chief of Staff Rahm Emanuel advised one client who also retained Goldman as an adviser on the same $8.2 billion deal.

Between this and his involvement the Blagojevich trial, this is shaping up to be Obama’s Enron, Whitewater and Watergate all in one. It’s amazing he has time for all this given how “busy” he is.

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Obama’s finally getting around to admitting what he’s doing to, and how he feels about, this great country.

From disliking the idea that America is a dominant military superpower…

“Whether we like it or not, we remain a dominant military superpower…”

…to admitting that his policies are going to insure we never return to the times of unprecedented economic growth and success.

Part of this global rebalancing is that they’re going to have to make some decisions as well about how they are approaching their domestic markets. And, you know, part of the bargain that we’re trying to strike within the G-20 framework is to say, “Look, we’ve got to take on our responsibilities in terms of improving our savings rate. You, on the other hand, have to recognize that a purely export-driven strategy of economic growth is not going to work, in that American consumers are just not going to be in the same position, and the American government is not going to be in the same position, that it’s been in over the last several years.

You wanted change… you got it.

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The MSM seems to be having a hard time finding “people of color” at Tea Party rallies… Really? Well, let us help you out.

The only conclusion that can be drawn is that the MSM, in their infinite left-wing bias, is willfully ignoring the facts on the ground to continue their meme that the Tea Party rallies are nothing more than KKK rallies sans hoods and burning crosses… or they completely suck at gathering the news.

Either way, it would explain why most of them are going belly up.

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My Friend, The Inspiration
April 19th, 2010 9:09 pm


I posted about David Rozelle, an old high school friend, before. When times seem tough or the stress is starting to get the best of me, I refer back to David’s experiences and suddenly my issues seems like nothing in comparison.

God bless our heroes.

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on the golf course, that is.

A massive volcanic plume covering most of Europe forced President Obama to cancel a Sunday trip to Poland to attend the funeral of the nation’s president. But the last-minute change left an opening in his schedule, so the president headed to the links for a round of golf instead.

On a cool but sun-drenched Sunday, the president and three golfing companions went to Andrews Air Force Base to play 18 holes. It is the 32nd time Mr. Obama has played golf since taking office Jan. 20, 2009, according to CBS Radio’s Mark Knoller.

Thirty-two rounds of golf in 15 months. Remember when President Bush caught so much grief for all the time he spent playing golf instead of leading the country? And yet…

Mr. Bush played just 24 times. His last time as president was Oct. 13, 2003.

Good thing the MSM has different priorities, or this could become an issue for our community organizer in chief while he oversees the “illegal war” in Iraq and another in Afghanistan.

Priorities, baby… priorities.

Posted by TexasRainmaker | (4) Comments
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Obama’s Peace For Our Time Moment
April 17th, 2010 7:54 pm

…is upon us. Despite his flip-flops during the campaign on whether Iran was or wasn’t a threat to us, it’s clear now how he views them.

Defense Secretary Robert M. Gates has warned in a secret three-page memorandum to top White House officials that the United States does not have an effective long-range policy for dealing with Iran’s steady progress toward nuclear capability, according to government officials familiar with the document.

Several officials said the highly classified analysis, written in January to President Obama’s national security adviser, Gen. James L. Jones, touched off an intense effort inside the Pentagon, the White House and the intelligence agencies to develop new options for Mr. Obama. They include a revised set of military alternatives, still under development, to be considered should diplomacy and sanctions fail to force Iran to change course.

Of course there’s no serious backup plan. Obama figured his smooth talking, Chicago-style charm would erase decades of radical islamofascism hellbent on destroying Israel and the U.S. His arrogance was such that he figured a few teleprompter readings would be just what the mullahs needed to give up their decades-old war against the West.

And, as usual, he was wrong. And now he’s put all his eggs in the diplomatic basket with a regime who has threatened to wipe Israel off the map while aggressively seeking nuclear weapons. Hmmm, where have we seen this before?

It’s sad that the Obamas are more aggressive in dealing with fat kids than they are with Iran.

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April 15th
April 15th, 2010 5:23 am

I can just imagine the confusion swirling around the White House today as most of Obama’s Cabinet members try to figure out the significance of today’s date.

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About That “Blame Bush” Strategy
April 14th, 2010 5:49 am

Sorry, D-baggers, much like all your other offerings, this one appears to be a loser, too.

46% of Americans now say they would rather have George W. Bush as President to 48% who say they prefer Obama. Although independents disapprove of Obama on balance, they do prefer him to Bush by a 49/37 margin and that’s what puts him ahead on that measure.

“George W. Bush’s approval ratings were horrid his final few years in office because even a decent number of Republicans and conservative leaning independents were unhappy with him,” said Dean Debnam, President of Public Policy Polling. “Now those folks wish they could have him back over Obama.”

Despite the Democrats’ endless efforts to blame everything under the sun on George W. Bush, Americans would just as soon have him back instead of the current community organizer in chief.

Nice work, Barry.

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Representation Without Taxation
April 13th, 2010 6:44 am

There really are two Americas… the one that works hard, pays the taxes and demands fiscal responsibility of its representatives… the other sits back and mooches off the other.

It’s no coincidence, then, that while 47% of U.S. households pay NO federal income taxes at all, 45% feel like their tax burden is “about right”. Of course they think it’s “about right”…in fact, the bottom 40 percent, on average, make a profit from the federal income tax, meaning they get more money in tax credits than they would otherwise owe in taxes. For those people, the government sends them a payment. While the other 53% foot the bill.

It’s also no surprise how the two Americas come down on the massive new entitlement program called Obamacare… 58% favor repealing it, while 38% think it’s “about right”.

There’s been an old quote widely circulated on the Internet over the years that sums this phenomenon up pretty well.

A democracy cannot exist as a permanent form of government. It can only exist until the voters discover that they can vote themselves largesse from the public treasury. From that moment on, the majority always votes for the candidates promising the most benefits from the public treasury with the result that a democracy always collapses over loose fiscal policy, always followed by a dictatorship. The average age of the world’s greatest civilizations has been 200 years.

Great nations rise and fall. The people go from bondage to spiritual truth, to great courage, from courage to liberty, from liberty to abundance, from abundance to selfishness, from selfishness to complacency, from complacency to apathy, from apathy to dependence, from dependence back again to bondage.

Democrats are champions of the freeloaders. Unfortunately for them, they’re running out of our money. Fortunately for us, they’re also running out of time.

Posted by TexasRainmaker | (1) Comment
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Sums it up pretty damn well…

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