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Introducing S.H.Long's First Law
I woke yesterday morning with a Wachovia account, and went to bed with CitiCorp, so this American Thinker article got my attention.
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Largely ignored in
this crisis is the key role played by Herbert and Marion Sandler,
founders of Golden West Financial (GDW), one of the largest savings and
loans in the nation. Wachovia purchased GDW for $24 billion dollars in
2006. This was one of the worst merger and acquisition deals of all time
for the buyer, and remarkably excellent timing on the part of the
seller. In essence, Wachovia bought a financial time bomb ticking away,
one that exploded this year, bringing down yet another former financial
titan and further wrecking Wall Street. [Update: see this commentary from Bloomberg on the role of GDW in the fall of Wachovia.]
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The Sandlers are crooks, but crooks who will never be brought to
account. Like Barney Frank and Chris Dodd. I wanted to find the Soros connection, and it's there, if somewhat tenuous. It's the other stuff that's depressing.
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Soros, Lewis, and the Sandlers form a core group of billionaire activists and Democrat partisans who have formed a group called The Democracy Alliance.
They realized that they could magnify their power by working in unison
and tapping other wealthy donors to further their agenda (the superb Boston Globe article "Follow the money" is a good primer on how money and 527 groups have come together to have a huge impact on politics in America).
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Among the beneficiaries of their largesse: Air America, ACORN (a group that has very close and long lasting ties to Barack Obama and has a long history of engaging in voter fraud. Citizens
for Responsibility and Ethics in Washington (basically a private
detective group focused on the private faults and foibles of
Republicans), Media Matters, a media watchdog group that engages in
harsh partisan attacks against media figures and articles it considers
supportive of Republicans). The list goes on and on.
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Okay, we knew that, but wait ...
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This set of political
organizations also includes the International Crisis Group, whose
foreign policy staff is likely to contain the embryonic future of the State Department in an Obama Administration . Eli Pariser, who heads MoveOn.Org, boasts about his group's role in the Democratic Party:
"Now it's our party: we bought it, we own it, and we are going to take it back."
They have already done so, in large measure.
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It's entirely possible,
if not probable, that a significant segment of our population will at
some point find ourselves in open conflict with these people. The
good thing is that pre-war propaganda, to foster a hatred for the enemy,
and so necessary a part of waging war, will already have been
accomplished. Let me introduce the political equivalent of Newton's Third
Law, which I modestly calll S.H.Long's First Law.
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"For every hateful action there is an equal and opposite reaction, but more so." |
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They are already the most hated people in America.
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