Fellows

Impeach Obama - its coming?

WAYNE MADSEN REPORT

August 27-29, 2010—Obama put on notice by Democratic money moguls

Informed sources in Washington, DC have told WMR that President Obama has been
personally told by a delegation of top Democratic Party financiers that unless he
radically changes his economic policies they will bolt from him for another
Democratic candidate in 2012. The Democratic money moguls conveyed the warning to
Obama in Martha’s Vineyard, where the president and his family are spending their
vacation.
There are various factions within the Democratic Party that see different scenarios
to bail out what many Democrats see as an administration in deep trouble with the
electorate. One would have Secretary of State Hillary Clinton move up to replace
Vice President Joe Biden on the 2012 ticket with Senator John Kerry becoming
Secretary of State. However, WMR has been told that Clinton personally loathes Obama
and his chief of staff Rahm Emanuel and may not want to be part of the 2012
president ticket playing second fiddle to Obama.
WMR has also learned that Obama’s reported “severe narcissism” has a number of his
cabinet officials and top Democratic fundraisers perplexed. Obama’s refusal to
change course because of his ego was discussed at the recent annual Bohemian Grove
conclave in northern California, which brings together influential businessmen and
politicians from both parties. Top U.S. business leaders openly complained about
Obama’s economic policies, with some stating that Obama is, for the business
community, the worst president in anyone’s lifetime. They also complained about
White House gatekeepers like Emanuel and policy advisers Valerie Jarrett and David
Axelrod who are preventing access to the Oval Office.
Although such complaints could be expected from Republican businessmen, we have
learned that top Democratic businessmen at the Bohemian Grove have told Jarrett,
Obama’s chief liaison to them, that all she does is shake them down” for campaign
contributions and that the uncertainty on the costs for Obama programs on health
care and taxes has prevented the hiring of workers.
WMR has also learned that rather than change course, the White House staff, who are
keenly reading anything that is critical of the president, are more interested in
exacting revenge for criticism than in changing course. “The White House staff are
voracious readers who are obsessed with favorable coverage,” one source said.
The Obama administration’s interest in a favorable public image over all other
interests has a number of Democrats running for re-election privately miffed. One
change many Democratic politicians and fundraisers would like to see is the
replacement of Treasury Secretary Timothy Geithner with someone with more gravitas
and a better handle on fixes for the plummeting economy.
Some senior Democrats are also livid about Emanuel’s constant selling out of
Democratic Party interests for narrow political objectives. WMR has been told by a
reliable source that Emanuel has privately conveyed to Florida independent Senate
candidate Governor Charlie Crist that the White House will quietly support him if he
caucuses with Senate Democrats. Crist has apparently cut a deal with the White House
that would see lukewarm White House support for Democratic candidate Kendrick Meek,
who recently won the Democratic nomination.
There are dark clouds on the horizon for Obama regardless of a sudden course
correction, which some Democrats do not see coming. Certain Democrats see Obama as a
liability and there has been a reported understanding reached with the U.S. Attorney
for northern Illinois, Patrick Fitzgerald, that in the second trial of ex-Illinois
Democratic Governor Rod Blagojevich, Obama and his aides, particularly Emanuel,
Jarrett, and Axelrod, will no longer enjoy protection from being called as
witnesses.
The sudden dropping of federal corruption charges against Rob Blagojevich, the
brother of the former governor, may be part of a deal worked out that would focus
the trial more keenly on Blagojevich’s dealings with Obama and his top aides,
including the appointment of Obama’s successor in the Senate and financial deals
involving Tony Rezko, Stuart Levine, dubious property development in the north
Chicago Fifth Congressional District formerly represented by Emanuel, real estate
ventures involving the proposed 2016 Summer Olympics in Chicago, and Obama’s
mortgage with the failed Broadway Bank and his relationship with Rezko and U.S.
Democratic Senate candidate Alexi Giannoulias, who was the vice president for loans
at the bank at the time the mortgage loan was made.
If the scope of the investigation of corruption in Chicago expands beyond
Blagojevich to the White House, we are told the word “impeachment” would begin to be
on the lips of a number of Washington politicos.

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