President Obama’s First Day in the Oval vs. Last Friday in the Court of Federal Claims (Oh and Rolling Stone)

  1. In January 2009, on his first full day as President, in his first memo to the heads of all executive departments and agencies, President Obama wrote the following:

2. Fast forward 7 years and we get the following judicial order out of the Court of Federal Claims regarding the Administration’s attempt to keep 11,000 documents regarding the Financial Crisis and Fannie Mae & Freddie Mac hidden from public scrutiny:

4. Excerpt from above: “The only ‘harm’ presented is the potential for criticism”

5. Here’s an example of what the Government is hiding:

PCP stands for Presidential Privilege. Also, on a fun side note, John Carney of the WSJ acts like he’s on PCP when anyone suggests we should have access to these documents, you know, because America.

6. Note that the above privilege log says “Housing Finance Issues” not “Drone Strikes

7. Also note that Gene Sperling, whom Goldman Sachs paid $887,727 in 2008, is the author of that email along with Tim Geithner, who just got a sweet ass loan from JPMorgan.

8. Oh snap, wait a minute? Don’t both Goldman Sachs and JPMorgan want the GSEs dead? And didn’t HRC just pick Gene Sperling to be her Housing Expert?

9. The ultimate slap in the face is if the TBTF banksters that caused the crisis are rewarded with the killing of the GSEs. You know, the TBTF banksters that love private gains and public losses.

10. Finally, read this Matt Taibbi article in Rolling Stone…and keep this quote from President Obama’s first day in office in mind as you do: “The Government should not keep information confidential merely because public officials might be embarrassed by disclosure.”