Obama’s campaign finance chair led a failed bank!

September 26, 2008
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Will Jim Lehrer ask Barack Obama about his campaign finance chair Penny Pritzker and her role in the failure of Superior Bank? If not, maybe John McCain should bring it up in tonight’s debate. No doubt Barack Obama will claim he is the one we should trust to keep our banks safe and our economy sound.

Edward Sisson at American Spectator uncovered the story, which the Main Stream Media could have done if they really gave a darn about their jobs. Barack Obama’s website defends Pritzker’s involvement in the failure of the Chicago Bank, but Sisson tears that defense apart. If Obama is so naive as to trust this woman, who wouldn’t he trust.

You should read the article and pass it on to everyone you know. The bank failure was caused by-you guessed it!-subprime loans. The bank used tricky accounting to inflate their risky assets. Barack Obama blames it on the accountants even though the Department of Justice placed the blame on the executives and owners. Isn’t his own finance chair one of those greedy CEO’s he’s always railing against?

Penny Pritzker and her family ultimately paid $460 million dollars to avoid lawsuits and sanctions. Will the American taxpayer get off so easily if we elect this man to keep our banks safe?

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