Barack Obama's 60 Minutes Interview: Politics As Usual

Although I rarely watch television, due to my present circumstances I was unfortunately exposed to the recent 60 Minutes interview with Barack Obama on national television last evening...

As a boomer, I keep wondering why a President of this country now has the time to conduct such interviews.

Although 60 Minutes has been around for a long time, I don't remember former presidents using the network as a forum in order to promote their agendas, or defend their political positions other than seizing the airwaves for one of those addresses that seem to also be getting more and more frequent.

During this interview, Mr. Obama had the audacity to claim that the problems in the banking industry that have been facilitated by BOTH political parties' unholy alliances with Wall Street, which now has a global focus rather than a national one, prior to the "financial reform" undertaken by Congress was not in any way "illegal," and postured, in a roundabout way, that if it were not for all the steps this Administration has undertaken in order to get financial reform addressed by Congress, these loan shark rates and terms would still be continuing...

Say what?

As one who was progressively stripped of her home and any and all property rights she had over her titled property, I found this excuse to be absolutely untrue and also one of the most arrogant statements made by a president ever.

Banks in the West, especially, were marketing loans which were not even based on the U.S. prime or currency, but on British LIBOR rates, a currency which is one and a half times that of America's piss poor dollar at this point.

Those loans are still being marketed throughout the country, and also to our kids for those outrageous student loans, last time I checked. In fact, this Administration has continued to promote refinancing and also re-education in order to get more and more Americans into those bogus loans, it appears...

And to state that the banks in this country, without such legislation and steps taken by this Administration, were not operating in a fraudulent and illegal manner is just too incredible to believe.

After all, we were created as a sovereign nation, and marketing financial products throughout the country which were not even based on our currency is and was not only illegal, but actually treasonous - and do not see anywhere in our Constitution that provides that our federal government was and is to coin and print money, and "value" it, with a created U.S. Treasury that was charged to so do, how this could be.

Unless it is a "global" free market that is the focus of this Administration, and this Congress, rather than a domestic one, regulating foreign ownership of America's key industries, and also its economy to protect America and Americans is supposed to be our federal government's focus. Not facilitating and encouraging a massive global takeover of our banking industries, and Americans homes and land, which appears to be the case more and more.

These "addresses" conducted on mainstream television are getting better and better with each one progressively...

And Mr. Obama has held himself out to be a Constitutional lawyer?

Just what IS going on at Harvard, I ask? And who is in charge of its law curriculum?

Are foreigners buying out our colleges and schools of higher learning even, at this point?