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Tipsheet

It's Come to This: Obama Uses Big Bird to Attack Romney

The Obama campaign released a new ad today featuring none other than....Big Bird. The ad comes after last week's presidential debate in Denver when Mitt Romney joked to Jim Lehrer about stripping the subsidy PBS receives even though he "likes Big Bird." It should be noted, as Breitbart pointed out, Big Bird is richer than Mitt Romney, yet still takes a check from the government a.k.a. taxpayers. Big Bird and Sesame Street raked in $50 million per year for PBS.

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Sesame Street has already called on Obama to pull the ad.

Sesame Workshop is a nonpartisan, nonprofit organization and we do not endorse candidates or participate in political campaigns. We have approved no campaign ads, and as is our general practice, have requested that the ad be taken down.

The greatest thing in this ad, besides Big Bird of course, is the fact the Obama campaign failed to include crook Jon Corzine in its montage of Wall Street bad boys (all of whom have no affiliation with Mitt Romney). As a reminder, Jon Corzine is the guy who recently lost $1.6 billion in private investments at the now bankrupt MF Global, saying before Congress, "I simply do not know where the money is." Corzine is also the guy who helped President Obama and Joe Biden craft the $1 trillion stimulus package; another epic failure and waste of money. He personally donated $5,000 to Obama's re-election campaign and has raised $500,000 for the Obama Victory Fund as a bundler.



"He's the smartest guy I know on the economy." -Joe Biden



"Jon is a leader." -Barack Obama

But of course, like most of Obama's closest allies, Corzine will face no consequences for losing nearly $2 billion in customer funds and the Department of Justice, led by Attorney General Eric Holder, will not prosecute or charge him.

A criminal investigation into the collapse of the brokerage firm MF Global and the disappearance of about $1 billion in customer money is now heading into its final stage without charges expected against any top executives.

After 10 months of stitching together evidence on the firm’s demise, criminal investigators are concluding that chaos and porous risk controls at the firm, rather than fraud, allowed the money to disappear, according to people involved in the case.

The hurdles to building a criminal case were always high with MF Global, which filed for bankruptcy in October after a huge bet on European debt unnerved the market. But a lack of charges in the largest Wall Street blowup since 2008 is likely to fuel frustration with the government’s struggle to charge financial executives. Just a few individuals — none of them top Wall Street players — have been prosecuted for the risky acts that led to recent failures and billions of dollars in losses.

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