Author Topic: Top Clinton supporter bashes Obama in new book  (Read 169 times)

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Top Clinton supporter bashes Obama in new book
« on: April 18, 2014, 06:28:48 PM »
Richard Johnson, NY Post writes:
President Obama gets criticized by a lifelong Democrat, Bernard Schwartz, in his new book, “Just Say Yes.”

The Bensonhurst native, who ran Loral Space & Communications for 34 years, was the top donor to the Democratic party during the Clinton Administration. But Schwartz is less thrilled with Obama, who has failed to push through the infrastructure initiative Schwartz claims will boost the economy and add 7 million jobs.

“Since the middle of the Clinton Administration, the reins of governmental power have been held by men like Robert Rubin, Hank Paulson, Larry Summers, Alan Greenspan, Timothy Geithner, and Ben Bernanke,” Schwartz, 88, writes.

“Not all of these gentlemen are equally responsible for the 2008 crisis or its potential repetition in the future, but there has been a pervasive conceptual thesis advanced by this group that heavily favors Wall Street over Main Street.”

The powers that be favor the big banks, says Schwartz.

“And unfortunately, President Obama’s immediate political advisors were not experienced enough to offset this imbalance of influence.”
Wow, Bernie, such tough talk. I'm sure BarryO is smarting! (not)

Schwartz, right, shakes hands with some doofus.
“Let each citizen remember at the moment he is offering his vote that he is not making a present or a compliment to please an individual – or at least that he ought not so to do; but rather he is executing one of the most solemn trusts in human society for which he is accountable to God and his country.” Samuel Adams, April 16, 1781.

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