The newly named Obama White House enforcer is not only a case of business as usual in the Washington so often condemned by The Messiah in his recent campaign.
He is also one who “failed in [his] duty to follow up on matters brought to [his] attention” as a director of the Federal Home Loan Mortgage Corporation (Freddie Mac) when it “misreported profits by billions of dollars in order to deceive investors between the years 2000 and 2002.”
“Rahmbo” he may be, but he apparently knows when not to make waves.
In addition, this just in:
A day after being elected president and acknowledging “the worst financial crisis in a century,” Barack Obama asked one of the biggest recipients of Wall Street campaign contributions to be his chief of staff.
Rep. Rahm Emanuel . . . was the top House recipient in the 2008 election cycle of contributions from hedge funds, private equity firms and the larger securities/investment industry . . . .
Since being elected to Congress in 2002, after working as an investment banker, Emanuel has received more money from individuals and PACs in the securities and investment business than any other industry.
Not to worry. He believes in change.