G-Sax Nation: Obama Picks Goldman Sachs Partner As Ambassador

This is a minor story, in light of the incredibly insane economic news we are getting this week, and being asked to accept as normal, it is helpful to point out the reality of our ruling regime. We continually hear about Obama the Marxist or Obama the radical or Obama the Muslim. But Obama is just a Wall Street corruptocrat who is working to make some of the most parasitic people in America even richer at public expense.

“U.S. President Barack Obama has selected a partner at the investment firm of Goldman Sachs in Chicago to be the new U.S. ambassador to Canada, CBC News has learned. Sources tell CBC News … that Bruce Heyman has accepted the job but still has to pass a vetting process in order to be be formally nominated. His confirmation will be up to the U.S. Congress. If he is approved, Heyman would replace David Jacobson, who has held the position since 2009. Jacobson is also from Chicago. Well known as a high-level fundraiser to Barack Obama, Heyman and his wife Vicki, also a fundraiser, raised more than $1 million for Obama and were on his national finance committee. Heyman runs the private wealth fund at Goldman Sachs and his areas of responsibility include parts of Canada.”

This obviously raises all sorts of corruption, collusion, and conflict of interest question. The article seems to want to head off these concerns by following up with a promise that there will be a “rigorous vetting process.” I can’t be absolutely sure no skeleton in Heyman’s closet might derail him, but if you think he’s in for a rigorous vetting you are deluding yourself. That’s like expecting Eric Holder to spend his time prosecuting Wall Street corruption rather than commuting the sentence of fraudster and former CEO of Enron, Jeff Skilling.

This week we learned that under Obama the sub-prime lending bubble is being re-inflated. Lest you think that is some accident, the Obama Administration is brazenly calling for loosening lending standards in housing. The Fed’s money printing won’t “do its job” unless that money can “stimulate” a bubble, and no one can think of anything better than the Bush era economic disaster to re-create.

Thus, naturally, the Bush TARP crime lord Hank Paulson has a great deal of praise for the current president:

“Paulson, a former Goldman Sachs Group Inc. chief executive officer who headed the Treasury from 2006 until 2009, also predicted the U.S. economy would grow about 3 percent this year, praised President Barack Obama’s handling of the financial crisis and said he has “great confidence” in Federal Reserve Chairman Ben S. Bernanke… Paulson said President Obama handled the financial crisis “really, really well” by picking Timothy F. Geithner as Treasury secretary in his first term and sticking to bailouts of companies including Citigroup Inc. and General Motors Co.”

Bernanke was appointed by Bush just a short time before Paulson. Geithner was part of the same crew at the New York Fed. His appointment as Secretary of the Treasury was a continuation of Paulson’s Goldman Sachs regime. In 2008, Obama spilled over with support for Paulson’s corrupt bank bailout. He even considered keeping Paulson.

This is no surprise because Goldman Sachs obviously wanted Obama as president. I get frustrated that conservatives forget this. For example, I see people interpreting the story about increased lending to allow more people to afford homes as socialism to give the poor free homes. No! The point of increasing lending is to bleed the poor on interest payments and then make the middle class taxpayers pay back the loans to the banks when the inevitable crash comes.

The new ambassador to Canada is one small token: We live in a Bankster Heaven, now. Obama is the security chief for G-Sax Nation.

Wake up and smell the Quantitative Easing.