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Will Obama go after Wall Street criminals?

By       Message Danny Schechter     Permalink
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opednews.com Headlined to H1 1/30/12

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This article cross-posted from Al Jazeera

The latest crackdown on fraud by the Obama administration may itself be a fraud.



Like all State of the Union speeches, there was something in it for everyone.

For the patriotically correct, when it bleeds, it leads.

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President Obama led his annual SOTU "report" with blood lust by bragging about how he nailed Bin Laden and sends the drones out to bag more feared terrorists than any President ever. 

Go America, Repeat After Me, We're #1!

For the military brass, there was endless pandering about their greatness and how we all need to follow their medaled chests to glory. Never mind the quagmire in Afghanistan.

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Go Pentagon Forever!

For labor, there was lots of talk -- there is always talk -- about generating more jobs, even as unemployment stays high and remains seemingly intractable.

Go Workers: Maybe You Will Work Again!

For business, there was more talk about high tech and incentives to manufacture more in the USA.

Go Business: Do We Have Tax Breaks For You!

For Republicans, there were more outreached hands and an admission that some of his proposals were based on their ideas. The hopes for non-partisanship die hard.

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Go GOP: Can't We Just Get Along?

And for disenchanted progressives, more turned on by the Occupy Movement than the Obama re-election effort, and who have been bugging him lately for some action against Wall Street, there was finally talk of a new financial crimes unit and mortgage fraud crackdown even though task forces that have done little have existed for years.

MoveOn Email #1 Last Week:

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News Dissector Danny Schechter is blogger in chief at Mediachannel.Org He is the author of PLUNDER: Investigating Our Economic Calamity (Cosimo Books) available at Amazon.com. See Newsdisssector.org/store.htm.

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