In secret Goldman Sachs speeches, Clinton explains why the rich should rule
By Tom Carter
17 October 2016
He did not believe in political equality. There was the multitude, he said, and there were the “natural” leaders. “Always wealth, in some countries birth, and in all countries intellectual power and culture mark out the man to whom, in a healthy state of feeling, a community looks to undertake its government.” These men had the leisure for it and the fortune, “so that the struggles for ambition are not defiled by the taint of sordid greed… They are the aristocracy of a country in the original and best sense of the word… The important point is that the rulers of a country should be taken from among them,” and as a class they should retain that “political preponderance to which they have every right that superior fitness can confer.”
transcripts of three lavishly paid speeches
given by Clinton at gatherings held by
Goldman Sachs, dating from June 4, October
24 and October 29, 2013. All three feature a
mix of groveling before the financial
malefactors who hired her to speak and
gloating over her own wealth."
investment bank in the first place highlights the
extent to which the American corporate, financial
and political establishment is drenched in
corruption and criminality. In April 2011, the Senate Permanent Subcommittee on Investigations released a report entitled “Wall Street and the Financial Crisis: Anatomy of a Financial Collapse.” This report exhaustively documented that the financial crash of 2008 and the recession that followed were the product of fraud and illegality on the part of mortgage lenders and banks such as Goldman Sachs, with government regulatory bodies as well as credit rating agencies serving as accessories.
were devoted to the fraudulent and deceptive practices of
Goldman Sachs. The report presented documents, emails,
internal communications and other evidence showing that
the largest US investment bank had sold billions of dollars in
subprime mortgage-backed securities to investors, vouching
for their value, even as it was betting that the investments
would fail. Goldman made billions and CEO Blankfein and
other top executives pocketed millions in bonuses by
accelerating the collapse of the financial system.
Goldman Sachs CEO Blankfein in 2013, while
investigations of wrongdoing by Goldman
and the other Wall Street banks were still
ongoing, she was consorting with a man who
belonged in prison. In 2011, Levin had recommended that the Justice Department criminally prosecute Blankfein for his fraudulent and deceptive conduct, and the Senate subcommittee charged that he had perjured himself in testimony in 2010 regarding his bank’s role in the financial crash. Nevertheless, no charges were brought, and in 2013 Clinton was accepting upwards of $225,000 per speech from Blankfein’s firm.
speeches by so-called “socialist” Bernie
Sanders exposes the utterly fraudulent
character of his entire presidential bid. While
he postured during the Democratic Party
primaries as a proponent of a “political
revolution” against the “billionaire class,”
Sanders now functions shamelessly as a
sideshow for the Clinton campaign,
browbeating his (now much smaller)
audiences with admonitions to vote for the
preferred candidate of the “billionaire class”
he claimed to oppose.
“Sanders, who spoke for about a half hour, advanced his boilerplate pitch, promising that Clinton would redress a myriad of ills—income inequality, lack of access to healthcare, crumbling infrastructure, poverty wages and overflowing prisons. He spoke as if the disastrous social conditions in the US were unrelated to the policies pursued by President Obama and the Democratic Party for the past eight years.”
THE SMELL OF MONEY:
Senator Bernie Sanders Takes the Crooked Road For Obama’s Crony Banksters for Hillary Clinton
"Barack Obama will shortly take a similar path, reaping his reward from the financial aristocracy whose interests he safeguarded so assiduously over the past eight years."
"Even as Citigroup and its Wall Street
THE VERY BANKSTERS THAT ALL BUT DESTROYED
AMERICA'S ECONOMY AND A TRILLION DOLLARS IN
HOME EQUITY HAD ALREADY BOUGHT BARACK OBAMA
BEFORE HIS FIRST CORRUPT DAY IN OFFICE!
Citigroup chose Obama’s 2008 cabinet, WikiLeaks document reveals
By Tom Eley
15 October 2016
Wall Street bank Citigroup submitted to the Obama
campaign a list of its preferred candidates for cabinet
positions in an Obama administration. This list corresponds
almost exactly to the eventual composition of Barack
Wall Street counterparts were dragging the
US and world economy into its deepest crisis
since the 1930s, they remained, as the email
shows, the real power behind the façade of
American democracy and its electoral process.
Robert Gates, a Bush holdover, became secretary of Defense;
Eric Holder became attorney general; Janet Napolitano,
secretary of Homeland Security; Rahm Emanuel, White
House chief of staff; Susan Rice, United Nations ambassador;
Arne Duncan, secretary of Education; Kathleen Sebelius,
secretary of Health and Human Services; Peter Orszag, head
of the Office of Management and Budget; Eric Shinseki,
secretary of Veterans Affairs; and Melody Barnes, chief of the
Domestic Policy Council.
three possibilities were presented: Robert Rubin and Rubin’s
close disciples Lawrence Summers and Timothy Geithner.
Obama chose Geithner, then president of the Federal
Reserve Bank of New York. Geithner, along with Bush
Treasury Secretary (and former Goldman Sachs CEO) Henry
Paulson and Fed Chairman Ben Bernanke, had played the
leading role in organizing the Wall Street bailout.
days after then-President George W. Bush
signed into law the Troubled Asset Relief
Program, which allocated $700 billion in
taxpayer money to rescue the largest Wall
Street banks. The single biggest beneficiary
was Citigroup, which was given $45 billion in
cash in the form of a government stock
purchase, plus a $306 billion government
guarantee to back up its worthless mortgage-
dollars to the banks, he saw to it that not a single
leading Wall Street executive faced prosecution for
the orgy of speculation and swindling that led to the
financial collapse and Great Recession, and he
personally intervened to block legislation capping
executive pay at bailed-out firms.
AMERICA’S TWISTED ROAD TO REVOLUTION:
Fighting back Wall Street’s Looting and Rule
7 October 2016