John Boehner
Welcome back to GOP Hypocrite of the Week.
We knew this was coming. Way back in February, Republican strategist Frank Luntz penned a second memo (to go along with the nasty one on opposing healthcare by scaring the living daylights out of people) of how the GOP could oppose financial reform without looking like shills for the banksters. Luntz told the Republicans that "the single best way to kill any legislation is to link it to the Big Bank Bailout." Which is exactly what they did.
(Yet, even with all that advance warning, somehow the media is taken aback at the GOP's lies of the permanent bank bailout that is most definitely not in the Senate proposal for financial reform. But this is GOP Hypocrite, not Media Putz.)
Not to be left out of the liars' fun, Rep. John Boehner (R-OH) wrote up an op-ed as fake as his orange tan. He called the proposal to rein in Wall Street "President Obama's TARP Forever Act" even though the TARP program was initiated by the Bush Administration.
Like other Republicans who are unencumbered by the annoyance of having to tell the truth, Boehner said the portion of the legislation that will allow the government to wind down and sell off failing banks will instead give unlimited bailouts to only the biggest of banks. But the best part is when Boehner names the lucky recipients of such invented government largess:
Such perks will benefit the likes of Goldman Sachs, President Obama's top financial contributor during the 2008 campaign and a firm that just happens to be under investigation by the SEC for defrauding investors.
Goldman Sachs, those Obama-loving socialists! Will they never rest in their quest to subvert the Constitution and send Granny to the Death Panels?!
...Oops, wrong Luntz memo!
Well it turns out that Obama isn't the only government official who took campaign money from Goldman Sachs. In fact, as Democrats ramp up on financial reform, it seems Goldman Sachs is on the prowl for a new group of beneficiaries to do their will. As Joe Conason shows in a piece titled "John Boehner Slams Goldman's Clout... But Pockets its Cash," the GOP fits the bill quite well:
These days, Goldman is lavishing more campaign money on [the GOP] than on the Democrats, according to Politico. Among the most notable beneficiaries of Goldman generosity is Boehner himself, who received $5,000 for his own campaign fund and another $5,000 for his PAC in March alone. Which just happens to coincide with the Republican drive to kill banking reform.
You'd think that Goldman would object to all this blame being laid at their feet by the very people to whom they are feeding much-needed campaign dollars. "Why would our good friend John say such mean things about us?"
But with the banking sector being the only group more hated than Congress, Goldman Sachs must realize that in order for the GOP to fit the bill to benefit banks like them, they're going to have to tell a few lies.
Thank goodness for bankster shills like John Boehner, our GOP Hypocrite of the Week!
Remember our motto: So many Republican hypocrites, so little time.
Catch up with you soon.
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This is John Boehner's seventh GOP Hypocrite of the Week Award. He also won on March 19, 2010, Oct. 16, 2009, Sept. 25, 2009, Aug. 14, 2009, May 22, 2009 and Sept. 22, 2006. You can see a list of all previous nominees here.
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