Monday, March 9, 2020

WALL STREET'S BIGGEST CRIMINAL BANKSTERS GATHER AROUND HILLARY FOR THE WHITE HOUSE 2020 - Why?



NO ENTITY HAS WORKED HARDER TO DESTROY AMERICA’S MIDDLE CLASS MORE THAN THE GLOBALIST DEMOCRAT PARTY AND THEIR WELFARE SUCKING BANKSTERS, BILLIONAIRES AND “CHEAP” LABOR DEM VOTING ILLEGALS!

The Clinton White House famously abolished the Glass–Steagall legislation, which separated commercial and investment banking. The move was a boon for Wall Street firms and led to major bank mergers that some analysts say helped contribute to the 2008 financial crisis.

Bill and Hillary Clinton raked in massive speaking fees from Goldman Sachs, with CNN documenting a total of at least $7.7 million in paid speeches to big financial firms, including Goldman Sachs and UBS. Hillary Clinton made $675,000 from speeches to Goldman Sachs specifically, and her husband secured more than $1,550,000 from Goldman speeches. In 2005 alone, Bill Clinton collected over $500,000 from three Goldman Sachs events.


Transaction Man: The Rise of the Deal and the Decline of the American Dream

by Nicholas Lemann

Farrar, Straus and Giroux, 320 pp.
Berle was alarmed by the wealth of these mega-corporations and the political power it generated, but also believed that bigness was a necessary concomitant of economic progress. He thus argued that corporations should be tamed, not broken up. The key was to harness the corporate monstrosities, putting them to work on behalf of the citizenry.
Berle exerted major influence on the New Deal political economy, but he did not get his way every time. He was a fervent supporter of the National Industrial Recovery Act, an effort to directly control corporate prices and production, which mostly flopped before it was declared unconstitutional. Felix Frankfurter, an FDR adviser and a disciple of the great anti-monopolist Louis Brandeis, used that opportunity to build significant Brandeisian elements into New Deal structures. The New Deal social contract thus ended up being a somewhat incoherent mash-up of Brandeis’s and Berle’s ideas. On the one hand, antitrust did get a major focus; on the other, corporations were expected to play a major role delivering basic public goods like health insurance and pensions. 
Lemann then turns to his major subject, the rise and fall of the Transaction Man. The New Deal order inspired furious resistance from the start. Conservative businessmen and ideologues argued for a return to 1920s policies and provided major funding for a new ideological project spearheaded by economists like Milton Friedman, who famously wrote an article titled “The Social Responsibility of Business Is to Increase Its Profits.” Lemann focuses on a lesser-known economist named Michael Jensen, whose 1976 article “Theory of the Firm,” he writes, “prepared the ground for blowing up that [New Deal] social order.”
Jensen and his colleagues embodied that particular brand of jaw-droppingly stupid that only intelligent people can achieve. Only a few decades removed from a crisis of unregulated capitalism that had sparked the worst war in history and nearly destroyed the United States, they argued that all the careful New Deal regulations that had prevented financial crises for decades and underpinned the greatest economic boom in U.S. history should be burned to the ground. They were outraged by the lack of control shareholders had over the firms they supposedly owned, and argued for greater market discipline to remove this “principal-agent problem”—econ-speak for businesses spending too much on irrelevant luxuries like worker pay and investment instead of dividends and share buybacks. When that argument unleashed hell, they doubled down: “To Jensen the answer was clear: make the market for corporate control even more active, powerful, and all-encompassing,” Lemann writes.
The best part of the book is the connection Lemann draws between Washington policymaking and the on-the-ground effects of those decisions. There was much to criticize about the New Deal social contract—especially its relative blindness to racism—but it underpinned a functioning society that delivered a tolerable level of inequality and a decent standard of living to a critical mass of citizens. Lemann tells this story through the lens of a thriving close-knit neighborhood called Chicago Lawn. Despite how much of its culture “was intensely provincial and based on personal, family, and ethnic ties,” he writes, Chicago Lawn “worked because it was connected to the big organizations that dominated American culture.” In other words, it was a functioning democratic political economy.
Then came the 1980s. Lemann paints a visceral picture of what it was like at street level as Wall Street buccaneers were freed from the chains of regulation and proceeded to tear up the New Deal social contractCities hemorrhaged population and tax revenue as their factories were shipped overseas. Whole businesses were eviscerated or even destroyed by huge debt loads from hostile takeovers. Jobs vanished by the hundreds of thousands. 
And it all got much, much worse after 2008, when the schemes collapsed and, as Lemann points out, Barack Obama did not aggressively rein in Wall Street as Roosevelt had done, instead restoring the status quo ante even when it meant ignoring a staggering white-collar crime spree. Neighborhoods drowned under waves of foreclosures and crime as far-off financial derivatives imploded. Car dealerships that had sheltered under the General Motors umbrella for decades were abruptly cut loose. Bewildered Chicago Lawn residents desperately mobilized to defend themselves, but with little success. “What they were struggling against was a set of conditions that had been made by faraway government officials—not one that had sprung up naturally,” Lemann writes.
Toward the end of the book, however, Lemann starts to run out of steam. He investigates a possible rising “Network Man” in the form of top Silicon Valley executives, who have largely maintained control over their companies instead of serving as a sort of esophagus for disgorging their companies’ bank accounts into the Wall Street maw. But they turn out to be, at bottom, the same combination of blinkered and predatory as the Transaction Men. Google and Facebook, for instance, have grown over the last few years by devouring virtually the entire online ad market, strangling the journalism industry as a result. And they directly employ far too few people to serve as the kind of broad social anchor that the car industry once did.
In his final chapter, Lemann argues for a return to “pluralism,” a “messy, contentious system that can’t be subordinated to one conception of the common good. It refuses to designate good guys and bad guys. It distributes, rather than concentrates, economic and political power.”
This is a peculiar conclusion for someone who has just finished Lemann’s book, which is full to bursting with profoundly bad people—men and women who knowingly harmed their fellow citizens by the millions for their own private profit. In his day, Roosevelt was not shy about lambasting rich people who “had begun to consider the government of the United States as a mere appendage to their own affairs,” as he put it in a 1936 speech in which he also declared, “We know now that government by organized money is just as dangerous as government by organized mob.”
If concentrated economic power is a bad thing, then the corporate form is simply a poor basis for a truly strong and equal society. Placing it as one of the social foundation stones makes its workers dependent on the unreliable goodwill and business acumen of management on the one hand and the broader marketplace on the other. All it takes is a few ruthless Transaction Men to undermine the entire corporate social model by outcompeting the more generous businesses. And even at the high tide of the New Deal, far too many people were left out, especially African Americans.
Lemann writes that in the 1940s the United States “chose not to become a full-dress welfare state on the European model.” But there is actually great variation among the European welfare states. States like Germany and Switzerland went much farther on the corporatist road than the U.S. ever did, but they do considerably worse on metrics like inequality, poverty, and political polarization than the Nordic social democracies, the real welfare kings. 
Conversely, for how threadbare it is, the U.S. welfare state still delivers a great deal of vital income to the American people. The analyst Matt Bruenig recently calculated that American welfare eliminates two-thirds of the “poverty gap,” which is how far families are below the poverty line before government transfers are factored in. (This happens mainly through Social Security.) Imagine how much worse this country would be without those programs! And though it proved rather easy for Wall Street pirates to torch the New Deal corporatist social model without many people noticing, attempts to cut welfare are typically very obvious, and hence unpopular.
Still, Lemann’s book is more than worth the price of admission for the perceptive history and excellent writing. It’s a splendid and beautifully written illustration of the tremendous importance public policy has for the daily lives of ordinary people.

Ryan Cooper

Ryan Cooper is a national correspondent at the Week. His work has appeared in the Washington Post, the New Republic, and the Nation. He was an editor at the Washington Monthly from 2012 to 2014.


THE GRIFTERS:

HILLARY CLINTON AND HER SERIAL RAPIST HUSBAND



“The couple parlayed lives supposedly spent in “public service”
into admission into the upper stratosphere of American wealth, with incomes in the top 0.1 percent bracket. The source of this vast wealth was a political
machine that might well be dubbed “Clinton, Inc.” This consists essentially of
a seedy money-laundering operation to ensure big business support for the
Clintons’ political ambitions as well as their personal fortunes.

The basic components of the operation are lavishly paid speeches to Wall Street and Fortune 500 audiences, corporate campaign contributions, and donations to the ostensibly philanthropic Clinton Foundation.”

"But what the Clintons do is criminal because they do it wholly at the expense of the American people. And they feel thoroughly entitled to do it: gain power, use it to enrich themselves and their friends. They are amoral, immoral, and venal. Hillary has no core beliefs beyond power and money. That should be clear to every person on the planet by now."  ----  Patricia McCarthy - AMERICANTHINKER.com





Why Hillary and Her Wall Street Donors Don’t Want Trump’s Wall…

NO BILLIONAIRE WANTS TO PAY LIVING WAGES TO ANY LEGALS!


"Hillary and her party supporters desperately need illegal immigrants: Hillary is bought and paid for."  Michael Bargo, Jr.

"But what the Clintons do is criminal because they do it wholly at the expense of the American people. And they feel thoroughly entitled to do it: gain power, use it to enrich themselves and their friends. They are amoral, immoral, and venal. Hillary has no core beliefs beyond power and money. That should be clear to every person on the planet by now."  ----  Patricia McCarthy - AMERICANTHINKER.com


THE GRIFTERS: HILLARY, BILLARY and CHELSEA… global looters!


"But there is no doubt in my mind that the Clintons, thoroughly practiced

grifters that they are, as well as their increasingly shady daughter, will not

hesitate to use such classified information as they may be able to access for 

personal and political enrichment.  They've been doing it for decades, and

they're not about to stop now." RUSS VAUGHN


CLINTON MAFIA AND THEIR BANKSTERS AT GOLDMAN SACHS
WHO IS TIGHTER WITH THE PLUNDERING BANKSTERS? CLINTON, OBAMA or TRUMP?

The Clinton White House famously abolished the Glass–Steagall legislation, which separated commercial and investment banking. The move was a boon for Wall Street firms and led to major bank mergers that some analysts say helped contribute to the 2008 financial crisis.

Bill and Hillary Clinton raked in massive speaking fees from Goldman Sachs, with CNN documenting a total of at least $7.7 million in paid speeches to big financial firms, including Goldman Sachs and UBS. Hillary Clinton made $675,000 from speeches to Goldman Sachs specifically, and her husband secured more than $1,550,000 from Goldman speeches. In 2005 alone, Bill Clinton collected over $500,000 from three Goldman Sachs events.
GEORGE SOROS AND THE CLINTON GLOBALIST AGENDA FOR BANKSTERS AND WIDE-OPEN BORDERS

NEW YORK — Demand Justice, an organization founded by former members of Hillary Clinton’s 2016 presidential campaign and associated with a “social welfare organization” financed by billionaire activist
George Soros, is raising money for an eventual court fight against what the group describes as President Trump’s proposed “racist, unnecessary wall.”

“Obama would declare himself president for life with Soros really running the show, as he did for the entire Obama presidency.”

“Hillary was always small potatoes, a placeholder as it were. Her health was always suspect. And do you think the plotters would have let a doofus like Tim Kaine take office in the event that Hillary became disabled?”

THE PHONY CLINTON FOUNDATION CHARITY slush fund


“There is no controlling Bill Clinton. He does whatever he wants and runs up incredible expenses with foundation funds,” states a separate interview memo attached to the submission.

“Bill Clinton mixes and matches his personal business with that of the foundation. Many people within the foundation have tried to caution him about this but he does not listen, and there really is no talking to him,” the memo added.

Hillary Clinton is simply the epitome of the rabid self – a whirlpool of selfishness, greed, and malignance.


It may well be true that Donald Trump has made his greatest contribution to the nation before even taking office:  the political destruction of Hillary Clinton and her infinitely corrupt machine. J.R. Dunn

"Hillary will do anything to distract you from her reckless record and the damage to the Democratic Party and the America she and The Obama's have created."


Will we hear from Hillary in Milwaukee?

What if the Biden candidacy collapses after one too many gaffes and stumbles?  What if Sanders does not have the delegates to win in the first ballot, either?
What if the Democratic superdelegates start looking for a candidate to nominate?
It sounds like the mother of all conventions.
Count me as skeptical. 
Instead of a smooth ride, it's more likely that the Dems' desperate search for a Trump slayer will hit more turbulence and an alternative to Biden still could be necessary.
Guess what — one just happens to be waiting in the wings, hoping for an invitation. 
Before you laugh at the prospect of a Hillary Clinton comeback, consider the too-weird twists and turns of Biden's campaign.
Goodwin is right about something else.
I have no doubt that Hillary would love to answer a phone call from the convention checking on her availability to run against President Trump again.
So maybe this is only getting interesting.  Maybe Clinton will get a third try?
Of course, the superdelegates may find that the Sanderistas will not put up with giving the nomination to a candidate who did not campaign for it.
One way or another, it looks as if the convention could turn into a circus.
PS: You can listen to my show (Canto Talk) and follow me on Twitter.





BIDEN: DEAD MAN WALKING.... Along side Hillary Clinton pushing Joe over the edge and into the grave.

Joe Biden is as corrupt a politician as there ever was, who absolutely is guilty and compromised by his efforts to enrich his ne'er-do-well son, his brother, sister and daughter. 


Hillary is also a narcissist of the worst order, the kind who never takes responsibility for the havoc she has wrought on the lives of others, let alone her country.  She is in fact one of the most corrupt politicians ever to prevail for so many years, to become fabulously wealthy for her many deceits and crimes.  

A Biden candidacy — what's the plan? There is always a plan


Why, when Joe Biden's mental decline is so obvious, are so many former Obamaphiles pledging their spurious support for the man?  Something's up. It is beyond clear that Biden is not up to the job. This fact cannot escape the notice of Susan Rice, James Comey, John Brennan, et al., all those conspirators who tried so treasonously hard to destroy Donald Trump.  They surely know better than most that Biden is a dead man walking.  So why the all-out campaign to support his candidacy?  Hmmm.
They must have a plan.  Is their plan to submarine Joe before the convention, admit he is incapacitated, and put up a heretofore untested candidate at a brokered convention?  Or do they have a plan to appoint a V.P. candidate they assume will become president in short order?  Perhaps, as Joel Gilbert speculated here yesterday, the plan is to install Hillary as the candidate to run against President Trump in a last-ditch effort to derail his fabulously successful presidency.  They certainly have some devious scheme to replace Biden by hook or crook, for his dementia cannot possibly have escaped their notice.
The now available Hillary documentary for all to see is probably meant to prime the public for her potential last-minute candidacy.  It is not very likely to be successful.  She is the kind of harridan who makes Elizabeth Warren seem kind and gentle!  Hillary is also a narcissist of the worst order, the kind who never takes responsibility for the havoc she has wrought on the lives of others, let alone her country.  She is in fact one of the most corrupt politicians ever to prevail for so many years, to become fabulously wealthy for her many deceits and crimes.  She has been a blight upon the U.S. since she gained power as the wife of the governor of Arkansas.  She spent forty years covering up for her husband's crimes against women and has somehow lived to tell no tales.  Her fans are certifiable morons, susceptible to any and all of the propaganda the left propels into the mainstream media.  She has yet to endorse Biden.  To support his candidacy is to deny his indisputable advancing dementia. 
Credit to the voters of South Carolina is due for sure: they understand the horror an American-hating communist would perpetrate upon this great nation.  A Bernie Sanders presidency would be the end of America as founded.  Those who support him either are tragically ignorant of the genocidal reality of socialism wherever tried or hate their own nation so much they are willing to suffer the monstrous consequences of electing a communist president.
Make no mistake: Bernie Sanders intends to be a communist president if elected.  Like Castro, Maduro, Chávez, Lenin, and all the dictators he so admires, he would be a tyrant.  For nearly fifty years, he has wanted to punish those who fend for themselves and succeed.  A man who admires Fidel Castro must never come to power in America.  Never.  Bless those voters in South Carolina who know this.
Sadly, Joe Biden was their only other choice.  Chances are, those same voters will vote for President Trump in November.  They were savvy enough to know that Sanders would be a disaster; they are shrewd enough to know that Joe Biden is senile.  Most of us of a certain age recognize advancing senility when we see it because we have seen it ourselves; we know the heartbreak.  Joe is done.  So what is their plan? 
Whatever it is, it cannot be good for the American people.  The left never considers the American people, never gives a thought to its constituents.  Leftists are always and only about power and their continued access to the wealth that power provides for them.  They are certain of their own superiority, their due privilege to lead and control the rest of us.  The fact that Mike Bloomberg actually thought he could step in and purchase the presidency with his billions is proof of the left's mindset.  His failure to succeed was delicious; the American people cannot be bought.  Some of them can be fooled for a while, but in the end, their good sense prevails.  That is how we elected the best president in decades, Donald Trump.  They will re-elect him in November despite the left and left media's never-ending attempts to destroy his presidency.  When the history of the left's wholesale assault on America, its founding principles and values from the 1960s on, is written, it will prove that the nation was under constant assault by the anti-American left.  The left has successfully indoctrinated two generations of university students to loathe their country.  Leftists have successfully made race, class, and sex the defining characteristics of every person, who must be a designated member of a victim group or an oppressor.  They give no credence to the value of the individual or to any individual's character.  MLK is rolling over in his grave. 
All of those leftists coming out of the woodwork to support Joe Biden know only too well that he is an intellectual lightweight, "wrong on every foreign policy issue for forty years," (Robert Gates), a mean-spirited bastard who delighted in destroying Robert Bork and humiliating the great Clarence Thomas. He is as corrupt a politician as there ever was, who absolutely is guilty and compromised by his efforts to enrich his ne'er-do-well son, his brother, sister and daughter. The thought of this man even becoming close to the presidency is abhorrent. Whatever his pseudo-supporters have in mind, it is not good for the American people; not one bit. We will soon learn what their plan is. Chances are it won't be pretty and chances are the American people will not fall for it.


The Democratic Party Is Wounded and Dangerous

 

Beware the wounded animal.  In pain and desperation, it will do violent things.  It seems to me no coincidence that Joe Biden's big win on Super Tuesday was followed by Democratic senator Chuck Schumer threatening conservative members of the Supreme Court on Wednesday.
Joe Biden is hardly Lancelot to President Trump's dragon.  The Democrats and the Deep State needed a first-class warrior; instead, their best option is a walking advertisement for Alzheimer's awareness.  In his best days, Joe Biden was the political equivalent of Jack McCall, shooting his adversaries in the back.  When he wasn't using his position of power for financial gain or stealing other people's words, he was helping his family line their own pockets.  Today, he's a disoriented and stumbling shell of an unimportant political hack who looks on in confusion while his wife does his fighting for him.  If you've ever wondered what happens to the shriveled soul of a lifetime liar and Democratic swindler, just cast your eyes upon Old Joe.  He's a walking, talking effigy of Democratic corruption and amorality.  He's what the Democratic Party usually keeps far off the main stage for the back-alley entertainment; now he's the main event, but no amount of stick-prodding by Donna Brazile or Tom Perez is going to turn Joe Biden into Fred Astaire.  He's a freak-show carnival attraction at best, amazing onlookers by his ability to occasionally jumble audible words together into a sentence.  The Democrats needed a man who could command a movement; all they got was a man who can barely control his own.
I'm not saying President Trump's re-election is in the bag.  Far from it.  We've never seen such an array of villains acting in concert to take down an American president.  The Democratic Party has most of the permanent bureaucratic Deep State (as well as stealthy anti-Trump Republicans), Wall Street, Russia, Iran, China, Venezuela, cosmopolitan Europe, global warming doomsayers, the Middle East's worst terrorists, and domestic Antifa terrorists here at home all actively working to dislodge President Trump from the White House.  In the past, the chiefs of our intelligence agencies and clandestine services retired into relative obscurity, cognizant that duty commanded their silent withdrawal into the pages of history.  After orchestrating a coup against the American president, however, it is not unusual to see the former heads of Obama's CIA, FBI, and NSC all tirelessly justifying their criminal acts on cable news each night.  The corporate news media and institutional government have spent years trying to gin up enough hysteria in the nation that mock beheadings of the president and ritual re-enactments of his assassination during summer theater might lead the American people to clamor for the real thing.
So, no, the 2020 election will not be over until all the votes have been counted on November 3, and it becomes clear that we have successfully preserved Western civilization for at least a little while longer from this most recent manifestation of Vienna's bloody 1683 siege.  All I am saying is that Joe Biden was never meant to be the establishment's champion for resurrecting their oligarchic power.  They wanted a formidable presidential nominee, someone who could check all the right identity politics boxes while stringing words together that were substantively meaningless while singularly inspiring.  Instead, they're settling for a politician past his expiration date who sounds less crème de la crème and more soused in crème de menthe.  The Democratic Party may depend on dead voters to win elections, but running dead candidates is another thing altogether.
So just because the cable news anchors and Carville clones are all high-fiving each other and cheering for managing to narrowly prevent a communist disciple of Stalin and Castro from sewing up the Democratic nomination for president by the beginning of March, don't forget how disappointed they are at heart.  If Biden goes on to clinch the nomination, the Democratic Party will have managed to take all the aloof, plain, manila-folder blandness of John Kerry and combine it with the alertness and energy of a nursing home after pill rounds.  This is the one whom the commentariat is celebrating right now, the guy Obama and the gang blocked from running in 2016 because they felt him not quite up for the challenge when he was four years younger.  The vice president during the slowest economic recovery since the Great Depression, the wordsmith who marveled at Obama for being strangely "articulate" for a black guy, and the obtrusive shoulder-rubber whose chief political instinct was to sniff the hair of the wives and daughters of White House officials and visiting dignitaries.  Imagine being in such dire straits because the previous Democratic president so hollowed out the party's future by losing over a thousand elected officials across the country during his time in office that the last, great hope to beat President Trump this year is just hoping to make it to bed each afternoon before saying something so inappropriate or illogical or ridiculous that Red Bernie becomes the Democrat's Dear Leader by default.  For every minute of his few wakeful hours, his handlers have to be on constant guard against the possibility that a voice in Biden's head will scream, "Oh, look, a young child with wonderful-smelling hair."  "Comeback Joe"?  More like "Come back, Joe!"
The Democrats and the Deep State have spent the last four years constructing the greatest wag-the-dog spectacle America's ever seen in an attempt to cover up the malfeasance and criminality of the last administration, while preventing the current one from achieving too many victories.  Considering that Brennan and Comey are still free and Obama and Hillary are still smiling, they've been remarkably successful.  But the Mueller obfuscation and Schiff circus are behind us, the dance music of delay is dying down, and the Democrats' and Deep State's ability to keep pushing back their day of reckoning is coming to an end.  If they don't win in 2020, they cannot keep justice at bay, regardless of how stacked in their favor it has always been in the past.  And standing in the gap as their last-ditch prospect to save them from President Trump's re-election and spare them from long delayed judgment is none other than Corn Pop's archenemy.  The one "reasonable" Democrat in the race who has already burnished his "moderate" credentials by fully embracing Bernie's Green New Deal, Warren's Medicare for All, and Beto's door-to-door gun confiscation.  Nothing says "electable centrist Democrat" like "D'oh!" Biden's full tilt toward Marxist socialism.  No wonder Chuck Schumer sounds like some injured animal in the forest, lashing out at tree branches all around him.  That's what small, weak, dying creatures do when they know the end is near.
Image: Lorie Shaull via Flickr.

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