President Obama is desperately putting his Wall Street stock in an unlikely old buddy.
The beleaguered president has recruited former Goldman Sachs head honcho Jon Corzine to shore up re-election funds from the banking industry, which is furious over Obama's financial regulations.
Corzine, the former governor of New Jersey who was blasted out of office by Republican Chris Christie in 2009, has attended secret meetings with the president and has been working on Obama's 2012 campaign for months, The Post has learned.
The Democrat, who now leads Manhattan-based brokerage MF Global, has been tasked with scraping up the very little banking-industry support Obama can still get.
And the big time thief is promising his small-time buddy a nice piece of the action if he can pull of the scam:
And, like any good executive, Corzine is looking out for his own bottom line.
Success could resuscitate his political career with a top post -- such as treasury secretary or a key ambassadorship -- if there is a second Obama term.
That stench you smell is "Eau de Desperacion". Jon Corzine (D, as in Defeated) is a Loser, with that "L" capitalized forever - he could not get re-elected in a deep-blue state despite solid union support, repeated campaign visits from a "popular" president, and tens of millions of dollars of his own money (giving him a 3-1 spending advantage over a Republican insurgent). His legacy has been dismantled in New Jersey, as union contracts have been reworked, bloated projects canceled, and budgets balanced. And no one, save a few pathetic diehards, are shedding any tears.
And this is the guy who Obama has chosen to convince Wall Street to fork over their cash to a guy who demonized them ever time a sparrow falls from a tree? Does he think these slick-haired, fast-paced, money-changing, ruthless gamblers will fall for a two-bit con artist team consisting of two desperate men whose personal stock is at rock bottom...and still falling?
And what does it say for Obama that he is willing to hand over a key position like Treasury Secretary to a man like Jon Corzine, who almost destroyed New Jersey's finances and bankrupted their citizens in order to implement every liberal policy that crossed the pages of the New York Times? Does it not speak to Obama's total and complete lack of seriousness, as well as his utter devotion to himself - and only himself - that he is willing to trade a Cabinet post in the middle of a major crisis for "X" amount of cash donations?
The first line of this Michel Walsh piece in today's New York Post sums up the feeling one gets in their gut after hearing of the Obama/Corzine tag team:
In the Obama administration's third year, an air of unreality and disbelief has settled across the nation...
About sums it up...