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Obama’s leap to socialism

By Dick Morris President Obama showed his hand this week when The New York Times wrote that he is considering converting the stock the government owns in our country’s banks from preferred stock, which it now holds, to common stock. Share/Save Read More →

Obama Admin. May Oust CEOs at Banks Needing ‘Exceptional’ Aid

Treasury Secretary Timothy Geithner said he’s prepared to oust the senior management and boards of directors at banks that require “exceptional” assistance from the U.S. government. “If in the future, banks need exceptional assistance in order to get through this, then we will make sure that assistance comes,” while ensuring taxpayers are protected, Geithner said today... 

Obama Maintains Control Over Banks By Refusing to Accept Repayment of TARP Money

By Stewart Varney I must be naive. I really thought the administration would welcome the return of bank bailout money. Some $340 million in TARP cash flowed back this week from four small banks in Louisiana, New York, Indiana and California. This isn't much when we routinely talk in trillions, but clearly that money has not been wasted or otherwise sunk down Wall Street's black hole. So why... 

Obama Seeks Expanded Power to Seize Firms

By Binyamin Appelbaum and David Cho The Obama administration is considering asking Congress to give the Treasury secretary unprecedented powers to initiate the seizure of non-bank financial companies, such as large insurers, investment firms and hedge funds, whose collapse would damage the broader economy, according to an administration document. Share/Save Read More →

A socialist? Obama calls back to insist no

By Jeff Zeleny Less than 90 minutes after Air Force One landed, the telephone rang. President Barack Obama was on the line, wanting to add one more point to a response he gave during an interview with The New York Times. Share/Save Read More →

Obama team has ties to Clinton, banks

By Carol E. Lee Six members of President-elect Barack Obama’s transition team for government operations worked in the Clinton administration, and one of them runs a consulting firm that has listed Freddie Mac as a client. Share/Save Read More →

Stanley Kurtz on Obama, ACORN, and the CRA

By Ed Morrissey  HOT AIR – I covered this yesterday from Stanley Kurtz’ column in the New York Post, but the video makes the point a little more clear. Kurtz tells Steve Doocy and Gretchen Carlson that the financial collapse started with ACORN and other “community organizers” pressuring banks to make bad loans. Barack Obama has longstanding ties to ACORN, which Kurtz wants... 

Obama was a key player behind the mortgage crisis.

OBAMA FILE – Sources point to Obama as a possible starting point to the domino affect that lead to the housing crises we are now facing.  Check the provided links and judge for yourself. "In a 1995 case known as Buycks-Roberson v. Citibank, Obama and his fellow attorneys charged that Citibank was making too few loans to black applicants and won the case.  As one commentator noted...