The Federal Reserve Chairman & US President are both charged with the responsibility (and liabilities) to administer and supervise the US bonds such as Lehmans. When there is a fraud of such global scale it is surely their negligence and overlook. This was essentially Moron Bush, but unfortunately Obama took over the White House's liability from that moron.
This is just one of the many reasons that
I could not congratulate him.
The White House & US Federal Reserves can be sued and demanded compensation from by Singaporean bond victims. While Obama is here in Singaporean jurisdiction, serve a summon on him as a welcome gift



. Just kidding! Check if CJ Chan Sek Keong will issue a warrent of arrest if Obama don't turn up in his court?

Like MAS & Minister of Finance are resposible for supervising and administering bonds sold by SG banks, White House & Federal Reserves duties are similar over Wall Street. If they are all sleeping on their watch then knock their door and serve summons! Obama can not say it was Bush and he need not answer, he carry all the burdens and craps left behind by that moron.

That's really alot.
Comparing against Bush's time-line, as Obama is now about 1 year in White House, Bush was at this part of his time-line he was still just in the beginning part of Iraq wars, Saddam was still ruling Iraq.
http://www.mapreport.com/countries/bush.html
That is to say, Bush had not yet sunk in to deep shit at about his 1st anniversary in White House, he was then still happily starting his war and expecting his great victory, at this stage of his time-line.
But for Obama, he had already been through lots of craps and started to face dissatisfactions and disappointment from everywhere. He already had to reinforce his Afghan troops which is failing his military goal - admit his Nobel Award that's the irony. I wonder why Bush didn't also get a Nobel for his IQ?
It was only during 2nd year anniversary of Bush that he began to ask for his 1st additional ($87) billions for his wars. Obama during his 1st 6 months already needed several rounds of fundings to patch-up Wall Streets and US Finance & Automobile Industries etc.
The simple facts above just showed that Obama got a very much harder and stressful job compared with Bush's. During Moron Bush's 1st year, he still enjoyed overwhelming supports from hundreds of countries for his idiotic wars & many countries were still very happy to send troops to Iraq & Bush - especially stupid sucker LKy's famiLEE LEEgime. For Obama's he lost most of his supporters patience by now already, and his crucial health bill only managed to pass lower house by just 5 vote majority, and had yet pass upper house as it is.
If Obama dared to call the depression or ression over, right now he would be making a bigger mistake then moron Bush's false-claim of Victory in Iraq. The real rough rides are still ahead and long way to go.
However, Old Dog Thief LKy had already made that Bush-styled declaration of victory this week catching the APEC meeting to sataisfy his Old Ah Beng Ego and un-shutable IBM gap.

He is trying to conduct the APEC leaders to sing like a Chrismas Carol thinking he is the band master.


Lets watch him fool himself.
My blog article copy URL:
http://uncleyap-news.blogspot.com/20...use-obama.html