Two disturbing developments about the officials in the Obama Administration who are responsible to getting the country out of the financial crisis.  First, it was disclosed that Larry Summers was paid $5 MILLION in 2008, largely from Hedge Funds and outrageous speaker fees from financial institutions.  These payments are for influence and they are corrupt.  Further, the Obama Administration is helping bailout firms get around the pay restrictions because they don’t think firms will participate in the government giveaway programs.  So, they have concluded to continue the greed and excess that have caused the problems.  These developments are very discouraging and represent more data that America is doomed.

Obama’s heart may be in the right place but he has hired people who want to continue all the past corruption.  He needs to fire both Summers and Geithner immediately.  He needs to make it clear that this behavior is going to stop, and stop it now.  Unfortunately, I doubt if Obama will do anything; however, doing nothing will be rightly viewed as complicit agreement.  In the process, Obama will become a one term President and people like me will never vote for him again — and probably not vote for anybody.

America is doomed.