YOU DON’T WORK IN THE CORRUPT BANKSTER-OWNED ADMINISTRATION
UNLESS YOU’RE BANKSTER CONNECTED OR A CARD CARRYING MEMBER OF THE LA RAZA
FASCIST PARTY.
No Shady Banking Buddy
Left Behind
THE BANKSTER-OWNED PRESIDENT
(THE LIST BELOW, WHICH DOESN’T MENTION TIM GEITHNER IS ONLY
A DROP ON THE BOTTOMLESS BUCKET OF BANKSTER CRIMINALS EMPLOYED BY BARACK OBAMA)
If confirmed, Pritzker will join a cabinet that includes
Kerry and Treasury Secretary Jacob Lew, who earned millions of dollars as an
executive at Citigroup by betting against the housing market as it collapsed.
Mary Jo White, Obama’s chairman of the Security and Exchange Commission
(SEC)—the federal agency tasked with regulating the exchange of stocks and
other securities—made millions as an attorney for banks including Bank of
America and JP Morgan during the financial crash
OBAMA’S CRONY CAPITALISM – A NATION
RULED BY CRIMINAL WALL STREET BANKSTERS AND OBAMA DONORS
Culture of Corruption: Obama and His
Team of Tax Cheats, Crooks, and Cronies
by Michelle Malkin
Editorial Reviews
In her shocking new book, Malkin digs deep into the records
of President Obama's staff, revealing corrupt dealings, questionable pasts, and
abuses of power throughout his administration.
WSWS.org
Senators forgive Penny Pritzker’s $80 million “mistake”
By Zac Corrigan
27 May 2013
27 May 2013
On the eve of her confirmation hearing, President Obama’s
nominee for commerce secretary, Penny Pritzker, admitted that she had
underreported her 2012 income to the tune of $80 million, blaming a clerical
error. Pritzker is worth an estimated $1.85
billion and would become the wealthiest US cabinet member in history. Her
nomination underscores the increasingly plutocratic character of the Obama
administration and the US government at large.
The $80 million in earnings that had been omitted were
related to Pritzker’s role managing trust funds—financial instruments used by
wealthy families to control vast sums of money across generations—and $54
million of it was related to an offshore fund based in the Bahamas. This
admission comes in the wake of a recent study showing that as of 2012, wealthy
Americans are hoarding up to $32 trillion in offshore accounts to avoid
paying taxes.
Pritzker has played an important role in the Democratic
Party’s own finances for years. She was the chair of Obama’s 2008 campaign finance
team, which raised over $778 million, a record at the time. She went on to
co-chair—along with Chicago Mayor and former Obama chief of staff Rahm
Emanuel—the president’s 2012 re-election campaign, which raised over $1
billion. She contributed $250,000 to Obama’s 2013 inauguration festivities. She
is also a member of Obama’s Jobs Council, which advises the president on
economic matters.
Pritzker’s record shows that Obama could hardly have picked
someone more versed in the intricacies of modern financial swindling, nor more
deeply immersed in the opulent world of the global elite, to “foster, promote,
and develop the foreign and domestic commerce”—such is the stated mission of
the US Department of Commerce which she will head, pending congressional approval.
To begin with, Pritzker’s family is one of the wealthiest in
Chicago. She is heiress to the Hyatt hotels fortune. She is a director of Hyatt Hotels Corp, which
operates the luxury hotel chain and nursing homes, and whose profits are based
on low-wage service work. A 53-year-old Hyatt hotel housekeeper who attended
the hearing told the Chicago Tribune that she cleans 16 rooms a day for
$14.60 an hour with no paid lunch break, and is working under an expired
contract.
Especially scandalous is Pritzker’s involvement in the 2001
collapse of Superior Bank of Chicago, where as CEO she pioneered the predatory
subprime lending practices that would lead to the financial crash of 2008. In
May of 2001, Pritzker told bank employees in a written letter, “Our commitment
to subprime lending has never been stronger and we are fully expecting to
participate in restoring the bank’s presence.”
Two months later, Superior was closed and its $1.1 billion
in paper assets were sold for $52 million to Charter One Financial, Inc.
Depositors collectively lost millions of dollars that will never be repaid,
while Pritzker and family nonetheless pocketed close to $200 million during
their ownership of the bank.
When Senator John Thune (R-South Dakota) broached the
subject of Superior at Thursday’s confirmation hearing, Pritzker’s crocodile
tears seemed to satisfy. “I regret the failure of Superior Bank,” she said,
calling it a situation she felt “very badly about.” Thune later commented, “I’m
very impressed with her qualifications,” and told reporters he expected the
committee to vote in favor of her nomination.
Pritzker was treated with kid gloves by senators at the
hearing. When Illinois senators Dick Durbin (D) and Mark Kirk (R ) introduced
her to the committee before the hearing, Kirk called her “a vibrant part of the
Jewish world,” and Durbin noted admiringly that not only had she “inherited a
few dollars,” but also she had “made a few dollars in her life.” Other senators
who praised Pritzker during and after the hearing include Ted Cruz (R-Texas)
who called her an “enthusiastic and unapologetic advocate of free trade,” and
Roy Blunt (R-Missouri) who told the hotel heiress, “You know more about
[foreign tourism] than most anyone else in this room.”
It is no mystery why senators from both parties are so
enamored. Over half of them are millionaires, some many times over. In 2011,
the median net worth of the Senate was $2.63 million. The chair of the Senate
committee reviewing her nomination is Jay Rockefeller (D-West Virginia),
great-grandson of Standard Oil tycoon John D. Rockefeller, net worth $86
million. John Kerry, who left the senate in February to become Obama’s new
secretary of state, is worth many hundreds of millions through his wife’s inheritance
of the Heinz Foods fortune.
This is a government of and for the rich. In an epoch of
historic and ever-increasing levels of social inequality, profit is more and
more acquired through risky financial speculation increasingly divorced from
the production of real value. In politics, the ruling elite no longer feels it
necessary to give lip service to government “of, by and for the people,” and
multimillionaires and billionaires take on direct responsibility for running
the government, setting policy and making and enforcing regulations.
THE BANKSTER-OWNED PRESIDENT
If confirmed, Pritzker will join a cabinet that includes
Kerry and Treasury Secretary Jacob Lew, who earned millions of dollars as an
executive at Citigroup by betting against the housing market as it collapsed.
Mary Jo White, Obama’s chairman of the Security and Exchange Commission
(SEC)—the federal agency tasked with regulating the exchange of stocks and
other securities—made millions as an attorney for banks including Bank of
America and JP Morgan during the financial crash
Pritzker of the 1% serving
Obama serve the 1%. THE INCEST OF OBAMA AND HIS CRONY CAPITALIST
*
OBAMA and his culture of
BANKSTER LOOTING of America.
Is Penny Pritzker
Obama’s newest BANKSTER?
Obama warns against
“cynicism” at Ohio State commencement address
do a google of Obama’s BIG BANKSTER
DONORS and you will find a list of the banks that have looted this nation, yet
found a place in the corrupt Obama administration!
“Pritzker has garnered broad support from
Democrats and groups such as the U.S. Chamber of Commerce and the Business
Roundtable.”... these entities endorse Obama's assault on the American worker,
our borders for more illegals, the Obama amnesty hoax to keep wages depressed
and NO E-VERIFY!
PRITZKER IS ALL THE ABOVE!
“Pritzker has garnered broad support from Democrats and groups such as
the U.S. Chamber of Commerce and the Business Roundtable.”
OBAMA’S BILLIONAIRE NOMINEE FOR COMMERCE, PENNY PRITZKER… BILLION$$$$ MADE OFF HIRING CHEAP ILLEGAL LABOR??? show me even one dem billionaire that does not push for obama’s agenda of OPEN BORDERS, NO E-VERIFY and NO ENFORCEMENT of LAWS PROHIBITING THE EMPLOYMENT of ILLEGALS…even one!
OBAMA’S BILLIONAIRE NOMINEE FOR COMMERCE, PENNY PRITZKER… BILLION$$$$ MADE OFF HIRING CHEAP ILLEGAL LABOR??? show me even one dem billionaire that does not push for obama’s agenda of OPEN BORDERS, NO E-VERIFY and NO ENFORCEMENT of LAWS PROHIBITING THE EMPLOYMENT of ILLEGALS…even one!
Based
in Chicago, Pritzker operates an international empire based on low-wage service
work in Hyatt-operated hotels and nursing homes, along with several investment
firms.
Pritzker has garnered broad support from Democrats and groups such as the
U.S. Chamber of Commerce and the Business Roundtable.”... these entities endorse Obama's assault
on the American worker, our borders for more illegals, the Obama amnesty hoax
to keep wages depressed and NO E-VERIFY!
PRITZKER IS ALL THE ABOVE!
ARE AMAZED AT HOW UTTERLY BRAZEN THESE CORPORATE OWNED
POLITICIANS ARE?
GET THIS BOOK!
Culture of Corruption: Obama and His
Team of Tax Cheats, Crooks, and Cronies
by Michelle Malkin
Editorial Reviews
In her shocking new book, Malkin digs deep into the records
of President Obama's staff, revealing corrupt dealings, questionable pasts, and
abuses of power throughout his administration.
From the Inside Flap
The era of hope and change is dead....and it only took six
months in office to kill it.
Never has an administration taken office with more inflated
expectations of turning Washington around. Never have a media-anointed American
Idol and his entourage fallen so fast and hard. In her latest investigative
tour de force, New York Times bestselling author Michelle Malkin delivers a
powerful, damning, and comprehensive indictment of the culture of corruption
that surrounds Team Obama's brazen tax evaders, Wall Street cronies, petty
crooks, slum lords, and business-as-usual influence peddlers. In Culture of
Corruption, Malkin reveals:
* Why nepotism beneficiaries First Lady Michelle Obama and
Vice President Joe Biden are Team Obama's biggest liberal hypocrites--bashing
the corporate world and influence-peddling industries from which they and their
relatives have benefited mightily
* What secrets the ethics-deficient members of Obama's
cabinet--including Hillary Clinton--are trying to hide
* Why the Obama White House has more power-hungry,
unaccountable "czars" than any other administration
* How Team Obama's first one hundred days of appointments
became a litany of embarrassments as would-be appointee after would-be
appointee was exposed as a tax cheat or had to withdraw for other reasons
* How Obama's old ACORN and union cronies have squandered
millions of taxpayer dollars and dues money to enrich themselves and expand
their power
* How Obama's Wall Street money men and corporate lobbyists
are ruining the economy and helping their friends In Culture of Corruption,
Michelle Malkin lays bare the Obama administration's seamy underside that the
liberal media would rather keep hidden.
• ISBN-10:
1596981091
• ISBN-13:
978-1596981096
Michelle Malkin
No Shady Banking Buddy
Left Behind
First Lady Michelle
Obama's latest overseas jaunt is getting all the headlines. But President
Obama's money-grubbing junket to Chicago may cost taxpayers far more in the
long run. With his Gaultier-clad wife sashaying around the Spanish seaside, the
lonely fundraiser-in-chief returned to Illinois to take care of some
birthday-week business. Job One: Filling the Senate campaign coffers of his
corruption-tainted political protege Alexi Giannoulias.
Mission accomplished.
Obama's Thursday afternoon campaign event for Giannoulias, the beleaguered
state treasurer of Illinois, reportedly raked in $1 million. Lagging behind his
GOP opponent, liberal Republican Rep. Mark Kirk, Giannoulias has coveted one-on-one,
grip-and-grin time with Obama for months. In addition to the cash, photo-ops
and video of the Obama fundraising event that Giannoulias will milk from now
until Election Day, the White House has dispatched Vice President Joe Biden,
White House senior adviser David Axelrod and White House campaign management
guru David Plouffe to boost Giannoulias' bid. Plouffe proclaimed Democrats
"all in" for Giannoulias, whom he described as "a great
progressive champion."
Obama gave his own
personal seal of ethical approval, telling deep-pocketed donors this week:
"I appreciate his strong sense of advocacy for ordinary Americans. You can
trust him -- you can count on him." Uh-huh. And I've got a bridge to Hope
and Change to sell you.
What would
Giannoulias know about "ordinary Americans"? Giannoulias, 34,
befriended Obama during pickup basketball games with an elite group that also
included Michelle Obama's brother, Craig; Chicago edu-crat Arne Duncan (now
Education Secretary); and hedge fund manager John Rogers (the ex-husband of the
Obamas' ex-White House social secretary, Desiree Rogers). He spread his wealth
and influence around early and often to support Obama's fledgling political
career. He pitched in $7,000 in 2003-2004 to Obama's Illinois State Senate
bids. He hosted fundraisers for Obama's U.S. Senate campaign in 2004 and for
his presidential campaign in 2007.
Where'd the cash come
from? Giannoulias' Greek immigrant family founded Chicago-based Broadway Bank,
a now-defunct financial institution that loaned tens of millions of dollars to
convicted mafia felons and faced bankruptcy after decades of engaging in risky,
high-flying behavior. It's the place where Obama parked his 2004 U.S. Senate
campaign funds. And it's the same place where a mutual friend of Obama and
Giannoulias -- convicted Obama fundraiser/slum lord Tony Rezko -- used to
bounce nearly $500,000 in bad checks written to Las Vegas casinos. This week,
the Chicago Sun-Times revealed an additional $22.75 million Broadway Bank loan
to a Rezko-owned business in 2006. Giannoulias held an ownership stake in the
bank at the time.
Giannoulias served as
Broadway Bank vice president and senior loan officer for four years. According
to the Chicago Tribune, during Giannoulias' tenure, some $27 million of
Broadway Bank's funny money went to mob crooks Michael "Jaws"
Giorango and Demitri Stavropoulos. Giorango is a hustler who fronted a
nationwide prostitution ring and was sentenced to six months in prison;
Stavropoulos is behind bars for operating a multistate bookmaking ring.
Giorango ran the $400-an-hour call girl operation out of high-rise luxury
apartments in Chicago with the infamous "Gold Coast Madam," Rose
Laws. Giorango and Stavropoulos used their Broadway Bank loans to start their
own risky lending business for nontraditional borrowers unable to secure
traditional bank financing.
Despite Giorango's
criminal record exposed by the Tribune in 2004, Broadway Bank approved massive
mortgages for him. Giannoulias' brother, Demetris, explained that as a
"relationship bank," Broadway wouldn't just throw someone under the
bus because of a "bad article." Instead, the bank went ahead and
rubber-stamped a September 2005 loan for $3.4 million to buy a 32-unit Los
Angeles apartment complex. The application falsely stated that the borrower,
Giorango, had "not been convicted of a felony." Giannoulias oversaw
the servicing of such shady loans totaling $11 million. Remember: He was no
low-level staffer. He was, as he reminded supporters when he needed to deflect
attention away from his youth, top management at Broadway Bank.
In January 2010, the
bank entered a consent decree with federal and Illinois state regulators. It
required Broadway Bank "to raise tens of millions in capital, stop paying
dividends to the family without regulatory approval, and hire an outside party
to evaluate the bank's senior management." The city's former inspector
general blasted Giannoulias and his family for tapping $70 million worth of
dividends in 2007 and 2008 as the real estate crash loomed. Broadway Bank was
sitting on an estimated $250 million in bad loans. In late April, federal
regulators shut it down. Cost to taxpayers: an estimated $390 million.
Giannoulias refused to drop out of the race -- and instead used the company
failure to argue that it made him (SET ITAL) more (END ITAL) qualified to serve
in office: "I have a renewed vigor and a new perspective on just how
horrible it is out there for so many people."
President Obama
agrees: Abysmal failure should be rewarded with promotion. He's leaving no
shady banking buddy behind.
*
Obamanomics:
How Barack Obama Is Bankrupting You and Enriching His Wall Street Friends,
Corporate Lobbyists, and Union Bosses
BY TIMOTHY P
CARNEY
Editorial Reviews
Obama Is Making
You Poorer—But Who’s Getting Rich?
Goldman
Sachs, GE, Pfizer, the United Auto Workers—the same “special interests” Barack
Obama was supposed to chase from the temple—are profiting handsomely from
Obama’s Big Government policies that crush taxpayers, small businesses, and
consumers. In Obamanomics, investigative reporter Timothy P. Carney digs
up the dirt the mainstream media ignores and the White House wishes you
wouldn’t see. Rather than Hope and Change, Obama is delivering corporate
socialism to America, all while claiming he’s battling corporate America. It’s
corporate welfare and regulatory robbery—it’s Obamanomics.
Congressman
Ron Paul says, “Every libertarian and free-market conservative needs to read Obamanomics.”
And Johan Goldberg, columnist and bestselling author says, “Obamanomics
is conservative muckraking at its best and an indispensable field guide to the
Obama years.”
If
you’ve wondered what’s happening to America, as the federal government swallows
up the financial sector, the auto industry, and healthcare, and enacts deficit
exploding “stimulus packages,” this book makes it all clear—it’s a big scam.
Ultimately, Obamanomics boils down to this: every time government gets bigger,
somebody’s getting rich, and those somebodies are friends of Barack. This book
names the names—and it will make your blood boil.
Obama Is Making You Poorer—But Who’s Getting Rich?
Goldman
Sachs, GE, Pfizer, the United Auto Workers—the same “special interests” Barack
Obama was supposed to chase from the temple—are profiting handsomely from
Obama’s Big Government policies that crush taxpayers, small businesses, and
consumers.
Investigative
reporter Timothy P. Carney digs up the dirt the mainstream media ignores and
the White House wishes you wouldn’t see. Rather than Hope and Change, Obama is
delivering corporate socialism to America, all while claiming he’s battling
corporate America. It’s corporate welfare and regulatory robbery—it’s
Obamanomics. In this explosive book, Carney reveals:
* The
Great Health Care Scam—Obama’s backroom deals with drug companies spell
corporate profits and more government control
* The Global Warming Hoax—Obama has bought off industries with a pork-filled bill that will drain your wallet for Al Gore’s agenda
* Obama and Wall Street—“Change” means more bailouts and a heavy Goldman Sachs presence in the West Wing (including Rahm Emanuel)
* Stimulating K Street—The largest spending bill in history gave pork to the well-connected and created a feeding frenzy for lobbyists
* How the GOP needs to change its tune—drastically—to battle Obamanomics
* The Global Warming Hoax—Obama has bought off industries with a pork-filled bill that will drain your wallet for Al Gore’s agenda
* Obama and Wall Street—“Change” means more bailouts and a heavy Goldman Sachs presence in the West Wing (including Rahm Emanuel)
* Stimulating K Street—The largest spending bill in history gave pork to the well-connected and created a feeding frenzy for lobbyists
* How the GOP needs to change its tune—drastically—to battle Obamanomics
If
you’ve wondered what’s happening to our country, as the federal government
swallows up the financial sector, the auto industry, and healthcare, and enacts
deficit exploding “stimulus packages” that create make-work government jobs,
this book makes it all clear—it’s a big scam. Ultimately, Obamanomics boils
down to this: every time government gets bigger, somebody’s getting rich, and
those somebodies are friends of Barack. This book names the names—and it will
make your blood boil.
*
Praise for Obamanomics
Praise for Obamanomics
“The
notion that ‘big business’ is on the side of the free market is one of
progressivism’s most valuable myths. It allows them to demonize corporations by
day and get in bed with them by night. Obamanomics is conservative
muckraking at its best. It reveals how President Obama is exploiting the big
business mythology to undermine the free market and stick it to entrepreneurs,
taxpayers, and consumers. It’s an indispensable field guide to the Obama
years.”
—Jonha Goldberg, LA Times columnist and best-selling author
—Jonha Goldberg, LA Times columnist and best-selling author
“‘Every
time government gets bigger, somebody’s getting rich.’ With this astute
observation, Tim Carney begins his task of laying bare the Obama
administration’s corporatist governing strategy, hidden behind the president’s
populist veneer. This meticulously researched book is a must-read for anyone
who wants to understand how Washington really works.”
—David Freddoso, best-selling author of The Case Against Barack Obama
—David Freddoso, best-selling author of The Case Against Barack Obama
“Every
libertarian and free-market conservative who still believes that large
corporations are trusted allies in the battle for economic liberty needs to
read this book, as does every well-meaning liberal who believes that expansions
of the welfare-regulatory state are done to benefit the common people.”
—Congressman Ron Paul
—Congressman Ron Paul
“It’s
understandable for critics to condemn President Obama for his ‘socialism.’ But
as Tim Carney shows, the real situation is at once more subtle and more
sinister. Obamanomics favors big business while disproportionately punishing everyone
else. So-called progressives are too clueless to notice, as usual, which is why
we have Tim Carney and this book.”
—Thomas E. Woods, Jr., best-selling author of Meltdown and The Politically Incorrect Guide™ to American History
—Thomas E. Woods, Jr., best-selling author of Meltdown and The Politically Incorrect Guide™ to American History
*
·
Hardcover: 256 pages
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