Thursday, February 27, 2014

BILL de BLASIO IMPOSES OBAMANOMICS: NEW YORK'S RICH GET RICHER - THE REST GET THE TAX BILLS FOR THEIR LOOTING! New York City budget exposes contrast between mayor’s rhetoric and reality

New York City budget exposes contrast between mayor’s rhetoric and reality

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.

                                                                                                       

No comments: