Dissent - No Longer The Highest Form Of Patriotism

Dissent is now a vast right wing conspiracy it would seem. Obama, following in the footsteps of Saul Alinsky, had his first job as a "community organizer," arranging for groups of the electorate to make their voices heard in the halls of politics. Thus, as Krauthammer has repeatedly voiced on Fox News of late, it is the height of hypocrisy for the Obama administration to attack protestors of their plans, demonizing them for having the gall to speak out.

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WSJ & Bill Clinton On Deregulation, Glass-Steagall & The Subprime Crisis

Obama's meme is that our entire fiscal crisis centers not on the subprime crisis, but on deregulation of the financial industry. The facts are otherwise.
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Deregulation occured on Bill Clinton's watch. Former President Clinton, having already weighed in on the responsibility of Democrats in Congress for the Fannie-Freddie subprime crisis, has now weighed in, noting that deregulation and the repeal of Glass-Steagall was not the cause of the current crisis. The editors at the WSJ fill that in with facts and examples, noting that the securities implicated in the current crisis had begun issuance prior to deregulation and merely continued afterwards. Further, the WSJ notes that those organizations that have taken advantage of the deregulation have best weathered the financial storm. This from the WSJ:

A running cliché of the political left and the press corps these days is that our current financial problems all flow from Congress's 1999 decision to repeal the Glass-Steagall Act of 1933 that separated commercial and investment banking. Barack Obama has been selling this line every day. Bill Clinton signed that "deregulation" bill into law, and he knows better.

In BusinessWeek.com, Maria Bartiromo reports that she asked the former President last week whether he regretted signing that legislation. Mr. Clinton's reply: "No, because it wasn't a complete deregulation at all. We still have heavy regulations and insurance on bank deposits, requirements on banks for capital and for disclosure. I thought at the time that it might lead to more stable investments and a reduced pressure on Wall Street to produce quarterly profits that were always bigger than the previous quarter.

"But I have really thought about this a lot. I don't see that signing that bill had anything to do with the current crisis. Indeed, one of the things that has helped stabilize the current situation as much as it has is the purchase of Merrill Lynch by Bank of America, which was much smoother than it would have been if I hadn't signed that bill."

. . . On the Glass-Steagall thing, like I said, if you could demonstrate to me that it was a mistake, I'd be glad to look at the evidence.

"But I can't blame [the Republicans]. This wasn't something they forced me into. I really believed that given the level of oversight of banks and their ability to have more patient capital, if you made it possible for [commercial banks] to go into the investment banking business as Continental European investment banks could always do, that it might give us a more stable source of long-term investment."

. . . The Gramm-Leach-Bliley Act passed the Senate on a 90-8 vote, including 38 Democrats and such notable Obama supporters as Chuck Schumer, John Kerry, Chris Dodd, John Edwards, Dick Durbin, Tom Daschle -- oh, and Joe Biden. Mr. Schumer was especially fulsome in his endorsement.

As for the sins of "deregulation" more broadly, this is a political fairy tale. The least regulated of our financial institutions -- hedge funds -- have posed the least systemic risks in the current panic. The big investment banks that got into the most trouble could have made the same mortgage investments before 1999 as they did afterwards. One of their problems was that Lehman Brothers and Bear Stearns weren't diversified enough. They prospered for years through direct lending and high leverage via the likes of asset-backed securities without accepting commercial deposits. But when the panic hit, this meant they lacked an adequate capital cushion to absorb losses.

Meanwhile, commercial banks that had heavier capital requirements were struggling to compete with the Wall Street giants throughout the 1990s. Some of the deposit-taking banks that were allowed to diversify after 1999, such as J.P. Morgan and Bank of America, are now in a stronger position to withstand the current turmoil. They have been able to help stabilize the financial system through acquisitions of Bear Stearns, Washington Mutual, Merrill Lynch and Countrywide Financial.

Mr. Obama's "deregulation" trope may be good politics, but it's bad history and is dangerous if he really believes it. The U.S. is going to need a stable, innovative financial system after this panic ends, and we won't get that if Mr. Obama and his media chorus think the answer is to return to Depression-era rules amid global financial competition. Perhaps the Senator should ask the former President for a briefing.

Read the entire article. Obama's disengenuous musings are actually a necessity. He was heavilly immersed in pushing lenders into the subprime market in his days as a community organizer and then as a lawyer. But I would not be surprised to find that Obama believes what he says. As discussed in the post below, his worldview is much closer to Marx than Adam Smith.

(H/T Hot Air)

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Radicalism In Soothing Tones

One of Obama's greatest strengths, it seems to me, is his ability make the radical sound perfectly reasonable to the uninformed. Joshua Muravchik, writing at the WSJ, thinks likewise. Mr. Muravchik examines the actions and ideology of The One, finding a man immersed in radicalism.

This from Joshua Muravchik writing at the WSJ:

. . . Throughout his Senate career, according to Americans for Democratic Action, the dean of liberal advocacy groups, Mr. Obama voted "right" 90% of the time. Actually this is misleading, since ADA counts an absence as if it were a vote on the "wrong" side. If we discount his absences, Mr. Obama voted to ADA's approval more than 98% of the time.

This touches directly on the question of what, beyond the platitudes of unity, hope and change, Mr. Obama himself believes in. His voting record is one indication. Another is his intellectual evolution.

Abandoned by his father when he was still too young to remember him and then sent at age 10 by his mother to live in Hawaii with her parents, who enrolled him in a prestigious prep school, Mr. Obama spent much of his teen years searching for his black identity. Late in his high-school career he found a mentor of sorts in Frank Marshall Davis, an older black poet. According to Herbert Romerstein, former minority chief investigator of the House Committee on Internal Security, FBI files reveal Davis to have been a member of the Communist Party not only in its public phase but also when it officially dissolved and went underground in the 1950s.

According to Mr. Obama, Davis told him that a white person "can't know" a black person, and that the "real price of admission" to college was "leaving your race at the door." Perhaps influenced by this, he reports that at college, "to avoid being mistaken for a sellout, I chose my friends carefully. The more politically active black students. The foreign students. The Chicanos. The Marxist professors and structural feminists and punk-rock performance poets."

. . . Thanks to a grant from a left-wing foundation, he was hired by a small group of white protégés of Saul Alinsky, the original apostle of "community organizing." Alinsky's institutional base was the Industrial Areas Foundation, which he called a "school for professional radicals" and whose goal he announced to be "revolution, not revelation." As Mr. Obama himself would put it, there were "two roles that an organizer was supposed to play . . . getting the Stop sign [and] the educative function. At some point you have to link up winning that Stop sign . . . with the larger trends, larger movements." In other words, "community organizer," to Mr. Obama and his colleagues and mentors, was a euphemism for professional radical.

. . . Mr. Obama's turn to electoral politics signified no change in his basic ideological orientation. As his wife, Michelle, put it: "Barack is not a politician first and foremost. He's a community activist exploring the viability of politics to make change." ("I take that observation as a compliment," Mr. Obama said as late as 2005.)

. . . In his campaign for the Illinois senate, Mr. Obama was endorsed by the New Party, a coalition of socialists, Communists and other leftists. According to the newsletter of the local chapter of Democratic Socialists of America, whose members were said to constitute 15 percent of the Chicago New Party, "Once approved, candidates must sign a contract with the NP [which] mandates that they must have a visible and active relationship with the NP." Apparently, Mr. Obama signed such a pledge. After winning the primary (unopposed because his lawyers had succeeded in knocking all three opponents off the ballot), he appeared at a New Party membership meeting to voice his thanks.

Entering the national political scene eight years later, Mr. Obama did not, to be sure, appear as a radical, but he still bore the earmarks of the world in which he had been immersed for 20 years. He called himself "progressive," a term of art favored by veterans of the hard New Left, like Tom Hayden, as well as by old-time Communists. Early this year his wife, Michelle, lacking his tact, would kindle controversy by saying that his success in the presidential primaries made her feel proud of her country for the first time. The comment, a faux pas that she was soon at pains to explain away, flowed logically from her view, expressed in her standard stump speech, that our country is a "downright mean" place, "guided by fear," where the "life . . . that most people are living has gotten progressively worse."

. . . [Other] radicals, soft and hard, rushed to embrace Mr. Obama, often waxing rapturous in their support. Robert Borosage and Katrina vanden Heuvel enthused in The Nation that Mr. Obama's was "a historic candidacy," from which "new possibilities will be born." Michael Lerner wrote in Tikkun that the "energy, hopefulness, and excitement that manifests [sic] in Obama's campaign" was reminiscent of "the civil-rights movement, the anti-war movement, the women's movement, the environmental movement, and the movement for gay liberation." Most remarkably, Tom Hayden himself joined the chorus by breaking a New Left taboo against "red-baiting" and laying bare some of Hillary Clinton's own far-left history—this, in retaliation for the Clinton campaign's revelations about Mr. Obama's radical background.

Even after declaring his candidacy, and despite a certain inevitable sidling rightward, Mr. Obama still reflected the presuppositions of a radical worldview. In one notable remark, he said of voters in economic distress that in their desperation they "cling to guns or religion or antipathy to people who aren't like them." Chastised for his condescension, he responded: "I said something that everybody knows is true." This was elitism of a very specific kind—the mentality of the community organizer, according to which people in the grip of "false consciousness" need to be enlightened as to the true nature of their class interests, and to the nature of their true class enemies.

The same suppositions are again evident in Mr. Obama's stances on international issues. Iraq, as he sees it, is only a symptom. "I don't want to just end the war . . . I want to end the mindset that got us into war in the first place." And what would that mindset be? In a 2002 speech that he frequently cites, he said the war resulted from

the cynical attempt by Richard Perle and Paul Wolfowitz and other armchair, weekend warriors . . . to shove their own ideological agendas down our throats, irrespective of the costs in lives lost and in hardships borne . . . the attempt by political hacks like Karl Rove to distract us from a rise in the uninsured, a rise in the poverty rate, a drop in the median income . . . the arms merchants in our own country . . . feeding the countless wars that rage across the globe.

In this litany of global perfidy, the issues of Saddam Hussein's murderous dictatorship, of American security, of the future of freedom, shrink to inconsequentiality next to the struggle of the oppressed against their American capitalist overlords.

When it comes to Iran, Mr. Obama has acknowledged that the regime presents a problem. But his actions—he opposed the Kyl-Lieberman amendment designating the Iranian Revolutionary Guard Corps a terrorist organization—as well as his rhetoric imply that the greater danger emanates from George W. Bush (who is allegedly seeking "any justification to extend the Iraq war or to attack Iran"). Likewise on defeating terrorism, where he rejects the America-centric focus that Bush has given to the issue; instead, in the words of his aides, Obama's main goal is to "restore . . . our moral standing"—that is, to put an end to our aggressive ways.

Even the events of 9/11 could not shake Mr. Obama from the mindset that the enemy is always ourselves. The bombings, he wrote, reflected

the underlying struggle—between worlds of plenty and worlds of want; between the modern and the ancient; between those who embrace our teeming, colliding, irksome diversity, while still insisting on a set of values that binds us together; and those who would seek, under whatever flag or slogan or sacred text, a certainty and simplification that justifies cruelty toward those not like us.

In this reading, the lessons to be learned from the actions of Osama bin Laden and Mohamed Atta are that we must accept multiculturalism at home and share our wealth abroad.

Read the entire article. There is much in there about Bill Ayers, the Chicago Annenberg Challenge, and Rev. Wright. I have pointed out many times before, using much the same reasoning as this author, that Obama sees the worlds problems and solutions through the naive and distorted lens of Karl Marx.

By this paradigm, he divides the world up into victim groups, America the victimizer, and economic concerns as the panacea for all ills. For example, in the wake of 9-11, Obama identified the primary cause of Islamic violence as "a climate of poverty and ignorance, helplessness and despair." We know that is not true – the typical terrorist is just as likely if not moreso to be educated and middle class. Then there was his comment that the "bitter" folk of our nation, those who take principled stands on their religion and Constitutional rights, only do so because they lack economic opportunity. Obama has expressed a similar view of Iran, positing that between his dynamic personality and just the right economic incentives, the mad mullahs can be divested of their religious principles that now drive their world-wide mayhem and murder. Indeed, he even held out WTO membership as the economic key to defusing the mad mullahs, not realizing that Iran had rejected WTO membership in 2006. They value their religion and their revolution far more than they care about the Iranian economy. For all of his intelligence, it would seem that Obama views the world through a naïve and distorted prism that, in the current circumstance, would prove not merely ineffectual, but highly dangerous.

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Obama, ACORN, & The Subprime Crisis

While President Clinton was putting the Community Reinvestment Act on steroids in the 1990's to move our financial industry to move heavilly into the subprime lending market, Community Organizer Obama was on the grass roots end of it assisting the far left organization ACORN and bringing law suits against banks to force them to engage in subprime lending. (See here). Maintaining lending standards was apparently racist, don't you know. Stanley Kurtz follows up with his article on this in an interview with Fox News

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The Subprime Crisis, ACORN & Obama, The Community Organizer

In 2006, while John McCain was on the floor of the Senate trying to get legislation passed to reign in Fannie and Freddie and headoff this subprime disaster, Barack Obama was nowhere to be found. That is not surprising. Obama's work as a private citizen and a community organizer centered in large measure around promotion of subprime lending. An article today from Stanley Kurtz tells the story.
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This from Stanley Kurtz writing in the NY Post:

WHAT exactly does a "community organizer" do? . . . Here's a big part of the answer: Community organizers intimidate banks into making high-risk loans to customers with poor credit.

In the name of fairness to minorities, community organizers occupy private offices, chant inside bank lobbies, and confront executives at their homes - and thereby force financial institutions to direct hundreds of millions of dollars in mortgages to low-credit customers.

In other words, community organizers help to undermine the US economy by pushing the banking system into a sinkhole of bad loans. And Obama has spent years training and funding the organizers who do it.

THE seeds of today's financial meltdown lie in the Community Reinvestment Act - a law passed in 1977 and made riskier by unwise amendments and regulatory rulings in later decades.

CRA was meant to encourage banks to make loans to high-risk borrowers, often minorities living in unstable neighborhoods. That has provided an opening to radical groups like ACORN (the Association of Community Organizations for Reform Now) to abuse the law by forcing banks to make hundreds of millions of dollars in "subprime" loans to often uncreditworthy poor and minority customers.

. . . In fact, intimidation tactics, public charges of racism and threats to use CRA to block business expansion have enabled ACORN to extract hundreds of millions of dollars in loans and contributions from America's financial institutions.

Banks already overexposed by these shaky loans were pushed still further in the wrong direction when government-sponsored Fannie Mae and Freddie Mac began buying up their bad loans and offering them for sale on world markets.

Fannie and Freddie acted in response to Clinton administration pressure to boost homeownership rates among minorities and the poor. However compassionate the motive, the result of this systematic disregard for normal credit standards has been financial disaster.

ONE key pioneer of ACORN's subprime-loan shakedown racket was Madeline Talbott - an activist with extensive ties to Barack Obama. She was also in on the ground floor of the disastrous turn in Fannie Mae's mortgage policies.

Long the director of Chicago ACORN, Talbott is a specialist in "direct action" - organizers' term for their militant tactics of intimidation and disruption. Perhaps her most famous stunt was leading a group of ACORN protesters breaking into a meeting of the Chicago City Council to push for a "living wage" law, shouting in defiance as she was arrested for mob action and disorderly conduct. But her real legacy may be her drive to push banks into making risky mortgage loans.

In February 1990, Illinois regulators held what was believed to be the first-ever state hearing to consider blocking a thrift merger for lack of compliance with CRA. The challenge was filed by ACORN, led by Talbott. Officials of Bell Federal Savings and Loan Association, her target, complained that ACORN pressure was undermining its ability to meet strict financial requirements it was obligated to uphold and protested being boxed into an "affirmative-action lending policy." The following years saw Talbott featured in dozens of news stories about pressuring banks into higher-risk minority loans.

IN April 1992, Talbott filed an other precedent-setting complaint using the "community support requirements" of the 1989 savings-and-loan bailout, this time against Avondale Federal Bank for Savings. . . .

Two months later, aided by ACORN organizer Sandra Maxwell, Talbott announced plans to conduct demonstrations in the lobbies of area banks that refused to attend an ACORN-sponsored national bank "summit" in New York. She insisted that banks show a commitment to minority lending by lowering their standards on downpayments and underwriting - for example, by overlooking bad credit histories.

By September 1992, The Chicago Tribune was describing Talbott's program as "affirma- tive-action lending" and ACORN was issuing fact sheets bragging about relaxations of credit standards that it had won on behalf of minorities.

And Talbott continued her effort to, as she put it, drag banks "kicking and screaming" into high-risk loans. A September 1993 story in The Chicago Sun-Times presents her as the leader of an initiative in which five area financial institutions (including two of her former targets, now plainly cowed - Bell Federal Savings and Avondale Federal Savings) were "participating in a $55 million national pilot program with affordable-housing group ACORN to make mortgages for low- and moderate-income people with troubled credit histories."

What made this program different from others, the paper added, was the participation of Fannie Mae - which had agreed to buy up the loans. "If this pilot program works," crowed Talbott, "it will send a message to the lending community that it's OK to make these kind of loans."

Well, the pilot program "worked," and Fannie Mae's message that risky loans to minorities were "OK" was sent. The rest is financial-meltdown history.

IT would be tough to find an "on the ground" community organizer more closely tied to the subprime-mortgage fiasco than Madeline Talbott. And no one has been more supportive of Madeline Talbott than Barack Obama.

When Obama was just a budding community organizer in Chicago, Talbott was so impressed that she asked him to train her personal staff.

He returned to Chicago in the early '90s, just as Talbott was starting her pressure campaign on local banks. Chicago ACORN sought out Obama's legal services for a "motor voter" case and partnered with him on his 1992 "Project VOTE" registration drive.

In those years, he also conducted leadership-training seminars for ACORN's up-and-coming organizers. That is, Obama was training the army of ACORN organizers who participated in Madeline Talbott's drive against Chicago's banks.

More than that, Obama was funding them. As he rose to a leadership role at Chicago's Woods Fund, he became the most powerful voice on the foundation's board for supporting ACORN and other community organizers. In 1995, the Woods Fund substantially expanded its funding of community organizers - and Obama chaired the committee that urged and managed the shift.

That committee's report on strategies for funding groups like ACORN features all the key names in Obama's organizer network. The report quotes Talbott more than any other figure; Sandra Maxwell, Talbott's ACORN ally in the bank battle, was also among the organizers consulted.

MORE, the Obama-supervised Woods Fund report acknowledges the problem of getting donors and foundations to contribute to radical groups like ACORN - whose confrontational tactics often scare off even liberal donors and foundations.

Indeed, the report brags about pulling the wool over the public's eye. The Woods Fund's claim to be "nonideological," it says, has "enabled the Trustees to make grants to organizations that use confrontational tactics against the business and government 'establishments' without undue risk of being criticized for partisanship."

Hmm. Radicalism disguised by a claim to be postideological. Sound familiar?

The Woods Fund report makes it clear Obama was fully aware of the intimidation tactics used by ACORN's Madeline Talbott in her pioneering efforts to force banks to suspend their usual credit standards. Yet he supported Talbott in every conceivable way. He trained her personal staff and other aspiring ACORN leaders, he consulted with her extensively, and he arranged a major boost in foundation funding for her efforts.

And, as the leader of another charity, the Chicago Annenberg Challenge, Obama channeled more funding Talbott's way - ostensibly for education projects but surely supportive of ACORN's overall efforts.

In return, Talbott proudly announced her support of Obama's first campaign for state Senate, saying, "We accept and respect him as a kindred spirit, a fellow organizer."

IN short, to understand the roots of the subprime-mort gage crisis, look to ACORN's Madeline Talbott. And to see how Talbott was able to work her mischief, look to Barack Obama.

Then you'll truly know what community organizers do.

Read the entire article.

Other posts related to Subprime Crisis (from oldest to newest):

1. McCain, The Fannie and Freddie Crisis, and Obamafuscation - Obama and the entire Democratic Party are trying to blame Republicans for the subprime crisis. But this crisis was created by Bill Clinton and protected against Republican efforts to reign it in over a decade – until it failed, nearly pulling out entire economic system into a depression.

2. A Washington Post Front Page Hack Job - The Washington Post does a hit job on McCain, grossly distorting his record on regulatory matters and ignoring his cosponsoring of legislation to establish much stronger regulation of Fannie Mae and Freddie Mac.

3. Dodging a Depression - The NYT and WSJ document just how serious is the subprime crisis. Quite literally it brought us to the point of a complete and catastrophic stoppage of our financial systems. This was not a stock market crash, it was a lending and credit crash. The WSJ describes the events of the week leading up to the crisis point.

4. Obama & The "Family" Of Fannie Mae - Documenting Obama’s relationship to Fannie Mae.

5. The Origins – And Foreseeability – Of the Subprime Crisis - A 1999 article in the NYT describes the Clinton Administration forcing subprime loans onto America and also forecasts that this will create a house of cards that will fall apart in a down market.

6. Covering The Left’s Fannie - The NYT tries to play up old ties of a McCain campaign worker with Fannie Mae while minimizing the fact that McCain himself, in 2005, co-sponsored legislation that may well have prevented the fiscal crisis we are in now.

7. The Left’s Subprime Meltdown - A post by the Anchoress discusses this subprime crisis as a creation of the left and a system that was protected to the end by the left. She adds additional sites, quotes and links to explain the mosaic.

8. Fannie & Freddie, McCain & Obama, Subprime & Wall St.The WSJ discusses both how the subprime loan market came about and how Democrats, including Obama, were both the cause of the problem and the roadblock to a solution that would have averted this catastrophe. Dafydd at Big Lizard's explains how Mortgage Backed Securities worked on Wall Street.

9. A Doddering Fool & Charlatan - Chris Dodd is up to his ears in the subprime crisis. With our economy teetering on an actual depression due to the Fannie/Freddie/subprime loan crisis, it was not merely surreal to watch Senator Chris Dodd chair an emergency hearing of the Senate Banking Committee to evaluate the Treasury's proposed rescue plan, it was obscene.

10. Finally – Oversight - The FBI has finally announced criminal investigations at Fannie and Freddie.

11. When Will They File As A 527 – The NYT continues its wholly biased reporting on the subprime crisis, refusing to report on the genesis of the crisis and instead, reporting on the relationship between Fannie Mae and Rick Davis of McCain’s campaign team.

12. McCain The Chessmaster - Opining on the potential risks and rewards of McCain's decision to cancel campaigning, return to Washington to take part in negotiations over a response to the subprime crisis, and tentatively cancel the Friday debate.

13. The President Addresses The Nation - Bush explains the stakes involved for America with the subprime crisis.

14. McCain The Chessmaster Part II - McCain was responding to a 3 a.m. phone call in returning to Washington. He is given political cover and support by Bill Clinton.

15. A Spotlight On The Left's Subprime Crisis - A video summary of the origins of the subprime crisis with lots of footage of Rep. Barney Frank and others protecting Fannie Mae from regulation by the Bush Administration and McCain.

16. WaMu Swallowed Up In The Left's Subprime Swamp - Washington Mutual goes under because of toxic mortgage debt.

17. Great Moments In Leadership - Obama phones it in on the subprime crisis.

18. The "No Deal" - McCain Responds - The left is blaiming McCain for failure of a deal on the subprime crisis. McCain answers in a memo.

19. Dodd, ACORN, and the Penultimate Screwing of the Taxpayers - The left, the people responsible for the subprime crisis, proposed a deal that would have used the return on rehabilitated investments not for the benefit of taxpayers but to fund progressive advocacy organizations that are fundamentally corrupt.

20. Krauthammer On The Subprime Crisis: Time For A Return To Public Executions - America is livid over this fiscal crisis and wants a pound of flesh to satiate its cravings before beginning the job of putting our financial house back in order. Krauthammer things we should give it to them and suggests a return to the auto de fe, this time as a reality show.

21. The Subprime Crisis, Dems, Obama & McCain - a great video giving the history of the subprime crisis.

22. Subprime Crisis: Spin versus C-Span - a video of 2004 hearings in which the House Democrats heaped scorn on the idea that Fannie Mae and Freddie Mac were a disaster waiting to happen and fighting tooth and nail to preven any further regulation of Fannie and Freddie.

23. Thomas Sowell On The Subprime Crisis & Proposed Bailout - Economist Thomas Sowell weighs in on the need for the proposed bailout to stabilize the market and the politics at the root of this fiscal crisis.

24. Resolution of the Initial Subprime Crisis - Time For Investigation - A first look at the draft legislation and an outline of what else needs to happen to resolve this crisis.

25. The Treasury Dept. - Anerica's Newest Subprime Lender - The legislation to solve the subprime crisis is only aimed at part in shoring up financial markets. A large part of the bill requires that the Treasury Dept. act as the subprime lender of last resort.

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Experience . . . Judgement . . . . Dissimulation

Anderson Cooper asks the right question, just not the obvious followup.



Wow. Why didn't Cooper ask Obama why he ignoring that she has been a governor of one of the 57 states, running a $13 billion budget and 25,000 employees. You can't get much more deceptive or be more dissumlating then B.H. Obama.

And if Obama wants apples and apples comparisons, what was he managing while she was Mayor of Wasilla? Recall from Biden's speech, he praised how Obama got 150 people improved health care during his time as a Saul Alinsky follower.

Snowball . . . meet hill.

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