Saturday, January 1, 2011

Another Bizarre "pick" by Obama ...

Obama Considers Whitewater Figure Official as Economic Adviser


Source:  Expose Obama


A banker ousted as Bill Clinton’s Deputy Treasury Secretary after lying to Congress to help his boss conceal an illegal real estate scheme is a top candidate to become President Obama’s next economic adviser.

Despite his scandalous past, Roger Altman is on a short list to be the next director of the president’s National Economic Council (NEC). Established nearly two decades ago, the NEC advises the commander-in-chief on all economic policy issues and the next director is expected to play a key role in stimulating the ailing economy.

A notoriously unscrupulous character like Altman seems like a bizarre pick, though Obama has previously assigned other Clinton cover-up figures to key positions in his administration. Altman is best known for his efforts to help the Clintons cover up a shady Arkansas real estate scam (known as Whitewater) that essentially bilked the uneducated and elderly.

Altman eventually admitted that he lied in congressional testimony about giving Clinton, his college friend, a “heads-up” on nine criminal referrals filed by a temporary federal agency that oversaw the disposal of assets from failed banks. During nearly 15 hours of testimony before the House and Senate Banking committees, Altman lied about his repeated contacts with the White House regarding Whitewater.

He never really came clean about his actions but alluded to them in a letter to then Treasury Secretary Lloyd Bentsen that acknowledged his congressional testimony“wasn’t what is should have been.” After resigning from his college pal’s administration Altman bounced right back, creating an “investment banking advisory firm” that rakes in millions of dollars annually and has branches throughout the U.S.and Mexico.

In fact, Altman’s firm got $46 million to “advise” General Motors before the Obama Administration rescued it. After the government bailout, Altman’s company had the audacity to ask for an additional $17.9 million “success fee.” The request was blasted by a U.S. bankruptcy trustee that called it “staggering,” according to a news site that covers capitalism and cites various reliable sources.



My note:
Does America need any more proof that Obama's lack of leadership skills, wisdom to choose wisely, and a three week vacation has done nothing to improve Obama's ability to think or act with responsibility and he will continue to bring America to her knees, unless someone in the House begins proceedings to impeach?  Another example is his decision to appoint an Ambassador to Syrai, after Congress refused to approve such an outrageous proposal last winter!  

Destruction of America, by home and foreign policies can no longer continue without serious consequences. Normally, a man in Obama's position would want the best advisers available to him at all times; however, he goes out of his way to continue appointing corrupt leaders.  You are judged by the company you keep and Obama's "company of czars and wickedly corrupt men is a demonstration that the man must be removed from office immediately.  

House of Representatives - do your job and begin Impeachment proceedings.  Why are we allowing this madness to continue?