ht: Drudge Report
Ah... the Brownshirted Soros-Obamites "did their job" again.
Thomas Lauria, Global Practice Head of the Financial Restructuring and Insolvency Group at White & Case, told ABC News that Rattner suggested to an official of the boutique investment bank Perella Weinberg Partners that officials of the Obama White House would embarrass the firm for opposing the Obama administration plan, which President Obama announced Thursday, and which requires creditors to accept roughly 29 cents on the dollar for an estimated $6.8 billion owed by Chrysler.
Lauria first told the story, without naming Rattner, to Frank Beckmann on Detroit's WJR-AM radio.
Perella Weinberg Partners, Lauria said, "was directly threatened by the White House and in essence compelled to withdraw its opposition to the deal under the threat that the full force of the White House press corps would destroy its reputation if it continued to fight. That’s how hard it is to stand on this side of the fence."
Well, look at what the White house press corps have been trying to do to, for example, Rush Limbaugh. In fact, Obama himself has engaged in some high-powered, high-profile, in-your-face-on-the-TV bullying against Mr. Limbaugh for opposing the Regime's policies, for being a dissenter (hey, whazzup- Obama himself, during the election campaign said that "dissent is patriotic", so WTF?! Oh, of course... Obama lied).
Therefore, is it that hard to believe that the Regime would treat another dissident thusly? Of course not, because the Regime is well-known for its bullying tactics. How else did they get the head of General Motors to resign so suddenly? By saying "pretty please with sugar on it"? Either they bullied him or bribed him.
Lauria said the president saying he doesn't stand with his clients "kind of sounds like 'You're fair game.' In whatever sense. People are scared. They have gotten death treats. Some have been told people are going to come to their houses. God forbid if some nut did something, I'm just wondering how the president would feel."
Ah, that would be the nasty latter-day Brownshirts, the Soros-Obamite extremists who go around intimidating folks, pretty much like similar folks intimidated bankers years ago into giving loans to many folks who couldn't afford to repay them, ah, yes, the detestable ACORN moniker again rears its ugly head... Thus precipitating the eventual credit crunch and recession which, interestingly, happened during the Presidential election campaign just in time to help Obama push his "change" slogan.
At the time, however, that 1995 Chicago newspaper article represented something of a triumph for Barack Obama. That same year, as a director at Chicago’s Woods Fund, Obama was successfully pushing for a major expansion of assistance to ACORN, and sending still more money ACORN’s way from his post as board chair of the Chicago Annenberg Challenge. Through both funding and personal-leadership training, Obama supported ACORN. And ACORN, far more than we’ve recognized up to now, had a major role in precipitating the subprime crisis.
(...) already told the story of Obama’s close ties to ACORN leader Madeline Talbott, who personally led Chicago ACORN’s campaign to intimidate banks into making high-risk loans to low-credit customers. Using provisions of a 1977 law called the Community Reinvestment Act (CRA), Chicago ACORN was able to delay and halt the efforts of banks to merge or expand until they had agreed to lower their credit standards — and to fill ACORN’s coffers to finance “counseling” operations like the one touted in that Sun-Times article. This much we’ve known. Yet these local, CRA-based pressure-campaigns fit into a broader, more disturbing, and still under-appreciated national picture. Far more than we’ve recognized, ACORN’s local, CRA-enabled pressure tactics served to entangle the financial system as a whole in the subprime mess. ACORN was no side-show. On the contrary, using CRA and ties to sympathetic congressional Democrats, ACORN succeeded in drawing Fannie Mae and Freddie Mac into the very policies that led to the current disaster.
In one of the first book-length scholarly studies of ACORN, Organizing Urban America, Rutgers University political scientist Heidi Swarts describes this group, so dear to Barack Obama, as “oppositional outlaws.” Swarts, a strong supporter of ACORN, has no qualms about stating that its members think of themselves as “militants unafraid to confront the powers that be.” “This identity as a uniquely militant organization,” says Swarts, “is reinforced by contentious action.” ACORN protesters will break into private offices, show up at a banker’s home to intimidate his family, or pour protesters into bank lobbies to scare away customers, all in an effort to force a lowering of credit standards for poor and minority customers. According to Swarts, long-term ACORN organizers “tend to see the organization as a solitary vanguard of principled leftists...the only truly radical community organization.”
Photo: Nazi Brownshirt "Stormtroopers" urging Germans to boycott Jewish business. ACORN is proudly as militantly extremist in its intimidation tactics. Of course, at least ACORN is nicer- they give businesses the opportunity to avoid such reputation-destroying campaigns by doing what the Extreme Left demands of them. Nice, eh. And Obama loves ACORN.
Please note that those FACTS are boldly stated in writing by a "strong supporter of ACORN".
Note also that the same ACORN supporter indicates that ACORN is "so dear to Barack Obama", though this is already known.
Up to now, conventional wisdom on the financial meltdown has relegated ACORN and the CRA to bit parts. The real problem, we’ve been told, lay with Fannie Mae and Freddie Mac. In fact, however, ACORN is at the base of the whole mess. ACORN used CRA and Democratic sympathizers to entangle Fannie and Freddie and the entire financial system in a disastrous disregard of the most basic financial standards. And Barack Obama cut his teeth as an organizer and politician backing up ACORN’s economic madness every step of the way.
Is there any doubt what kind of person Barack Obama is, and what kind of people comprise the Democratic Party?
Also... Remember this?
Oh, and by the way, Obama is Canadian Liberal Leader Michael Ignatieff's hero. Ignatieff loves Obama. So does Ignatieff's own personal militantly extremist intimidator, Warren Kinsella, who does pretty much the same stuff as the intimidators in question. Below is Ignatieff.
And here's Warren Kinsella. Scary-looking, isn't he? He's pround of being scary and intimidating folks on behalf of Ignatieff, who, I mentioned, is a worshipper of the ACORN-connected Obama, but don't let him hear you say that, or he'll threaten you, too! Oh, and Warren is the guy on the Left. The other guy's name is Ernst Rohm, who used to intimidate folks on behalf of some guy named Adolf. Fascinating how similar they are in appearnce, isn't it?
Warren Kinsella and inconvenient lookalike Ernst Rohm