On February 10, New York City’s new mayor, Democrat Bill de Blasio, gave his first State of the City speech. Two days later he presented his proposed budget for the 2015 fiscal year, which begins July 1. Both the speech and the budget starkly illustrate the contrast between his campaign rhetoric and reality—he has always represented the city’s financial-corporate elite.
De Blasio’s plans are carefully designed to satisfy the city’s corporate and financial establishment. When he presented his budget he said, “There is nothing mutually exclusive between being both fiscally responsible and economically progressive.” In translation, this means that workers and the poor can expect at most a few crumbs and a few gestures, while the needs of Wall Street are carefully attended to.
REALITY of HOPE & CHANGE…. will
we survive Wall Street’s ongoing looting?
State of the Union: A bankrupt
ruling class talking to itself
30 January 2014
President Barack Obama’s State of the Union speech was a cynical
propaganda piece, filled with fraudulent claims and promises that no one, least
of all his audience at the US Capitol, believes in the slightest.
With Obama’s speech Tuesday night one had more than ever the
sense of the president as chief representative of the financial aristocracy that rules America, speaking to a
house filled with millionaire congress members and bought-and-paid-for
representatives of big business.
WAS DE BLASIO’S BULL ON HOPE AND CHANGE WRITTEN BY WALL STREET CRIMINALS LIKE OBAMA’S LOOTING AGENDA???
THE FINANCIAL ARMAGEDDON THAT AWAITS THE AMERICAN MIDDLE
CLASS IN 2014:
CRONY
CAPITALISM: Obama vows Wall Street’s looting will reach even greater dimensions
during 2014.
………….. and
his bankster donors’ profits are soaring!!!
NO ONE HAS WORKED HARDER FOR CRONY CRIMINAL BANKSTER THAN
BARACK OBAMA… JAMIE DIMON IS ONE OF OBAMA’S BIGGEST CONTRIBUTORS!
Why aren’t the Wall Street criminals prosecuted?
By Barry Grey
7 January 2014
In May 2012, only days after JPMorgan Chase’s Jamie Dimon revealed that his bank had lost billions of dollars in speculative bets, President Barack Obama publicly defended the multi-millionaire CEO, calling him “one of the smartest bankers we’ve got.” What Obama did not mention is that Dimon is a criminal.
JPMorgan
is not the exception; it is the rule. Virtually every major bank that operates
on Wall Street has settled charges of fraud and criminality on a staggering
scale. In 2011, the Senate Permanent Subcommittee on Investigations released a
630-page report on the financial crash of 2008 documenting what the committee
chairman called “a financial snake pit rife with greed, conflicts of interest
and wrongdoing.”
These
multiple crimes by serial lawbreakers have had very real and very destructive
consequences. The entire world has been plunged into an economic slump that has
already lasted more than five years and shows no signs of abating. Tens of
millions of families have lost their homes as a result of predatory mortgages
pushed by JPMorgan and other Wall Street banks.
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