Posted by
Jace on Sunday, September 28, 2008 10:04:29 AM
The Washington Post had an article on Sept 23, 2008 titled Buffett to Invest $5 Billion in Goldman
It Stated: Billionaire investor Warrne E. Buffett will pump at least $5 billion into Goldman Sachs, restructured this
week as a bank-holding company, as the firm tries to quell concern about its access to financing,
Goldman Sachs announced Tuesday.
I had been wondering why most of the articles in the Washington Post
were pro Obama and very negative towards John McCain.
Here is my response to the above cited article.
Now is this not interesting Mr. Buffett has 10% of the Washington Post.
And in the Washington Post today two articles:
Economic Fears give Obama Clear Lead over McCain in Poll and Democrats on Hill Speak as One.
Not a major surprise as the Washington Post and ABC report about Obama the same way and then
you poll your readers and listeners. Kind of like stacking the deck would you not say?
Guess we should see just exactly what they have been doing seeing as they speak as one.
The Democrat majority in the U.S. Congress, led by Sen. Dodd and Rep. Barney Frank,
has completely failed in their oversight, responsibliities and in their responsibilities to the American Taxpayer.
They blocked GSE reform for years and it is clear now that the most recent Dodd-Frank housing bill
simply made matters worse.
The web address I copied the above from at Scott Trade is no longer there.
Last weekend, empowered by the Dodd Frank bill, the Dept of Treasury moved to place
the quasi-private mortgage lending giants, Fannie Mae and Freddie Mack into federal "conservatorship."
the treasury plain contains no structural reform and actually expands Freddie and Fannie lending and
underwriting activity through 2009. Taxpayers will eventually be directly responsible for GSE losses.
The web address I copied once again from Scott Trade is no longer there.
For years, while Fannie and Freddie and other financial institutions were buying favor and cover
on the hill through campaign contributions, and making multimillionaires out of politicians
and their friends, few people cared, because they didn't see how it could affect them.
Now they know. Now the american public should demand that politicians like Cris Dodd,
Barney Frank and Chuck Schumer explain, under penalty of perjury,
why they protected these "house-of-cards."
The web address I copied once again from Scott Trade is no longer there.
Billionaire investor Warren Buffett himself had a soft spot for the Federal Home Loan Mortgage Corporation,
or Freddie Mac, to the degree that he recommended it as Americas Safest and most profitable company.
The web address I copied once again from Scott Trade is no longer there.
Mr. Buffett is a friend of Obama's from Obama's 2005 Senate Web page is the following:
http://obama.senate.gov/news/051121-obamas_national/
Obama Supporter Buffett just today is reported to have stepped up to the plate
to help out Goldman Sach.
http://www.bloomberg.com/apps/news?pld=20601087&sld=aH9olSJHVEvl&refer=home
And the article here in the Washington Post I am now replying to tell us that Buffett owns
10% of the Washington Post.
http://www.washingtonpost.com/wp-dyn/content/article/2008/09/23/AR2008092302487_Comments.html
Just so you are aware Goldman Sach is the biggest financial bank contributor Obama has.
http://opensecerets.org/news/2008/09/bundlers-for-mccain-obama-are.html
You might note in the above link is a statement on how Obama is not very forthcoming
in reveling who the people are that are contributing to his campaign.
And further investigation and comparison of funds from each candidate will revel that Obama has
been receiving the Lions share of contributions from financial institutions.
Obama supporters just a note when you post contributions to McCains campaign on blogs
remember to compare them to what Obama has received from the same people
the honesty would be refreshing.
It may come as some comfort to us the taxpayer that the FBI is investigating the companies
at the heart of the meltdown.
http://apnews.myway.com/article/20080924/D93CP7MG0.html
The unfortunate part of this is that an investigation by the FBI will not be fully known until after the election.
Should Obama be elected I worry that Obama and his administration would shut it down.
So I now ask the Washington Post and ABC news are you by your bias reporting trying to aid
the Obama campaign in getting elected so the American taxpayer can continue to be fleeced?
Any taxpayer who is tired of having only one side of events reported should let others know
the other side of the coin.
Obviously connecting the dots and doing research is beyond
some of the newspapers and media in this country.
Here ends my post to the Washington Post.
In an effort to check that all of the web pages I posted when I wrote the above blog post were accurate
and still there I went to my bookmarks and also retyped in the addresses from my post that I had cited.
Being new to blogging I was surprised that the information was no longer there.
I do not wish to imply that Scott Trade has removed it.
I just find it Odd as other links I have bookmarked are still working.
My use of web links is to show the accuracy of the information I am quoteing.