OBAMA'S PICK FOR CHIEF OF STAFF

TAKE A LOOK AT WHO OBAMA WANTS AS HIS NEW CHIEF OF STAFF--ANOTHER BIG FINANCIER JUST LIKE DALEY, WHO JUST STEPPED DOWN AS THE OLD CHIEF. REPUBLICANS LET THE NEW GUY SAIL RIGHT THROUGH WITH NO OBJECTIONS--BECAUSE THEY KNOW THAT LEW WANTS WHAT THEY WANT WHICH IS WHAT "DEMOCRAT" OBAMA WANTS--BANKS CONTINUING TO SCREW US AND THE ECONOMY! Here's a little about Obama's pick:

Prior to his appointment as a deputy secretary at the Department of State, Mr. Lew was Chief Operating Officer of CitiGroup’s Alternative Investments group.

Do you know what Alternative Investments are? They’re things like hedge funds, who buy things like credit default swaps! Credit default swaps are essentially the ability to buy insurance on someone else’s house in one hand as you hold anything else—the adjustable-rate mortgage you know they can’t pay off, or the capacity to sell that mortgage and therefore generate more mortgages like it, or a gasoline can—in the other hand. This is what Jacob Lew invested in!
I
n 2008 and the beginning of 2009, Mr. Lew took in $1.1M from CitiGroup.
This included a $900,000 bonus.

Mr. Lew doesn’t think financial deregulation was one of the problems adding up to the financial crisis that has persisted since 2008.

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