Hillary hosed twice

(And BTW great original post)

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p>Eliot’s Mess A compelling analysis by Greg Palast regarding the real fallout of the blindness of ambition running amuck.

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“While New York Governor Eliot Spitzer was paying an ‘escort’ $4,300 in a hotel room in Washington, just down the road, George Bush’s new Federal Reserve Board Chairman, Ben Bernanke, was secretly handing over $200 billion in a tryst with mortgage bank industry speculators….

…..The deluge of public loot was an eye-popping windfall to the very banking predators who have brought two million families to the brink of foreclosure…

….Up until Wednesday, there was one single, lonely politician who stood in the way of this creepy little assignation at the bankers’ bordello: Eliot Spitzer.”

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p>It goes on to explain the who, what and why of this racially targeted, predatory lending practice and the blatant support of the Bush administration in this debacle.

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…..Instead of regulating the banks that had run amok, Bush’s regulators went on the warpath against Spitzer and states attempting to stop predatory practices. Making an unprecedented use of the legal power of “federal pre-emption,” Bush-bots ordered the states to NOT enforce their consumer protection laws.

Indeed, the feds actually filed a lawsuit to block Spitzer’s investigation of ugly racial mortgage steering.

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p>It was said that when the Spitzer scandal was announced at the NY stock exchange there was cheering on the trading floor. As unimaginably stupid as the Call Girl fiasco is the question becomes who is going to step into Elliot’s shoes? We seem to be fresh out of David’s right now to fight this Goliath. (Any takers on the presidential trail?)

Petersen is a Clinton-backer.

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p>Would he get superdelegate status?

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p>I don’t know.