Tag Archives: CDO

Obama: The Witch Hunter Against the Free Market

The lawsuit being filed by the Obama administration against S&P for their ratings of colateralized debt obligations is a perfect example of a tyrannical administration looking for scapegoats, and looking to score political points. It is a sad situation that in a country like ours that the legal system is used in the same way as that of communist countries……. to victimize others for political gain.

Obama, like all tyrants will use whatever power he has at his disposal to destroy our freedoms in order to implement his vision of fairness. He doesn’t care about the results of his tyranny. He only cares that he believes it to be fair. Everything he talks about doing he always adds the word “fair” or some such word. He tries to sound so reasonable when he talks about stealing our freedoms, but closer analysis shows that Obama, like all tyrants is a smooth talker, but if you really listen to what he says, you will realize he is full of it, and full of himself.

His constant denegration of those he dislikes is an affront to the very system that created the greatest country on the planet – at least up to now, and until he gets done with it. This lawsuit is not an attempt to place blame for the housing meltdown, it is an attack on free market economics and our very freedoms.