“This was not because of difficulties in securing
indictments or convictions. On the contrary, Attorney General Eric Holder told
a Senate committee in March of 2013 that the Obama administration chose not to
prosecute the big banks or their CEOs because to do so might “have a negative
impact on the national economy.”
Kamala Harris Touts
Wall Street’s Support for Joe Biden During VP Debate
7 Oct 2020 662
1:48
Sen. Kamala Harris (D-CA) touted Wall Street’s support for
Democrat presidential candidate Joe Biden during the vice presidential debate
Wednesday evening.
As Breitbart News reported this week , economists with
Moody’s Analytics on Wall Street cheered a Biden presidency, citing their
support for his globalist agenda centered on more free trade and more
immigration to the United States.
At the debate, Harris touted that Wall Street support.
“Joe Biden economic plan, Moody’s, which is a reputable Wall
Street firm, has said will create seven million more jobs than [President]
Donald Trump’s,” Harris said.
In recent months, Wall Street and nearly all of the
nation’s biggest banks have lined up support for
Biden and Harris against Trump’s economic nationalist agenda.
Economists with Goldman Sachs, a huge donor to Biden and
Harris, have issued a similar
report where they say a “blue wave” on November 3 will help return the U.S. to
an economic status quo.
Biden’s campaign has raked in nearly $280,000 from Goldman Sachs
employees. Trump has taken less than $9,000 from Goldman Sachs employees this
election cycle.
JPMorgan Chase employees have given three times as much campaign
cash to Biden as Trump. Biden has taken nearly $380,000. At Morgan Stanley,
Biden has taken more than twice as much as Trump, nearly $258,000 from the
bank’s employees compared to Trump’s $96,010.
John Binder is a reporter for
Breitbart News. Follow him on Twitter at @JxhnBinder .
WALL STREET
BANKSTERS KNOW HOW WELL OBAMA-BIDEN-HOLDER SERVED AND PROTECTED THEM DURING THE
ECONOMIC MELTDOWN THEY CAUSED.
A remarkable article
in The American Prospect —a liberal publication that supports
Biden against Trump—makes a devastating exposure of these militarists for
Biden, under the headline, “How Biden’s Foreign Policy Team Got Rich.”
In other words, Wall
Street favored Biden by better than four to one , and Biden’s $23
million lead among the financial elite accounted for more than his entire $16
million edge over Trump in fundraising in May and June.
“According to figures released this week by the Center for
Responsive Politics, Wall Street in particular is favoring Biden’s campaign
over Trump’s. The group found that Biden has raised $52.4 million from the
finance, insurance and real estate industries, of which $32.2 million came from
“securities and investment.”
Wall Street,
Republicans and militarists back Biden campaign
9 July 2020
Anyone who wants to know what type of policies will be
pursued by a Biden administration in the event the Democrats win the November 3
presidential election has only to look at the social and political forces that
are rallying to his campaign.
BLOG EDITOR: BIDEN WAS ENDORSED VERY EARLY BY WAR PROFITEER
AND PARTNER FOR RED CHINA SEN. DIANNE FEINSTEIN.
They include Wall Street, prominent Republicans and
veterans of the Obama national security team.
Thanks to strong support from big business, the
presidential campaign of the former vice president outraised President Trump’s
reelection campaign in June, according to figures announced by the two
campaigns last week. Joe Biden raked in $141 million, while Trump’s campaign
took in $131 million.
It was the second consecutive month that Biden collected
more in campaign contributions than Trump, following a $6 million edge in May,
$80.8 million to $74 million, according to reports filed with the Federal
Election Commission.
The Trump campaign still leads in cash in the bank, with
$295 million on hand as of July 1, as it had few expenses during the Republican
primaries, where Trump had only token opposition. Biden’s campaign was
effectively broke at the time of his breakthrough victories in the Super
Tuesday primaries on March 3, but he now has amassed a war chest of at least
$125 million, according to published estimates.
ActBlue, the online fundraising vehicle for the Democratic
Party as a whole, took in $392 million in June, shattering all previous
records, the bulk of it in smaller donations and contributions from first-time
donors. This is an indication of the widespread popular hostility to Trump,
exacerbated by his vitriolic attacks on the mass protests against police
violence that took place throughout the month, as well as his refusal to take
any serious action to stem the coronavirus pandemic.
BLOG EDITOR: THE RICH KNOW WHO WILL SERVE THEM BEST! ALL
BILLIONAIRES ARE DEMOCRATS. THE GREATEST
TRANSFER OF WEALTH TO THE RICH IN AMERICAN HISTORY OCCURRED DURING THE BANKSTER
REGIME OF OBAMA-BIDEN-HOLDER.
But a major factor in Biden’s fundraising surge has been a
series of virtual events featuring former President Obama, Senator Elizabeth
Warren and Senator Kamala Harris, at which wealthy contributors were invited to
give the maximum donation of $5,600 directly to Biden as well as much larger
sums to the Democratic National Committee (DNC) and the political action
committee favored by the Biden campaign, Priorities USA, which expects to spend
$200 million by itself to support his election.
Under the terms of an agreement between the Biden campaign
and the DNC, the Biden Victory Fund can receive checks as large as $620,600
from wealthy donors. The money is then distributed in smaller amounts to the
campaign, the DNC and various state parties in order to comply with campaign
finance regulations.
According to figures released this week by the Center for
Responsive Politics, Wall Street in particular is favoring Biden’s campaign
over Trump’s. The group found that Biden has raised $52.4 million from the
finance, insurance and real estate industries, of which $32.2 million came from
“securities and investment.”
Trump raised $33.5 million from the broader category of
finance, insurance and real estate. He was competitive with Biden among the
real estate moguls, who view Trump as one of their own, but trailed badly, with
only $7.8 million, from the “securities and investment” subcategory.
In other words, Wall
Street favored Biden by better than four to one , and Biden’s $23
million lead among the financial elite accounted for more than his entire $16 million
edge over Trump in fundraising in May and June.
Along with the support of the stock exchange and financial
institutions, Biden is winning support from sections of the Republican Party.
This includes the well publicized Lincoln Project, established by former
Republican campaign operatives Reed Galen, John Weaver, Rick Wilson and Steve
Schmidt, with the support of other former party officials like Jennifer Horn,
former chair of the New Hampshire Republican Party, and George Conway, a
prominent Republican lawyer and husband of Trump adviser Kellyanne Conway.
The Lincoln Project began running
television and internet commercials denouncing Trump from a right-wing foreign
policy standpoint, criticizing him as soft on China and Russia. One ad,
released after the New York Times launched its fabricated
and unsubstantiated charge that Russia paid bounties to Taliban fighters to
kill American soldiers in Afghanistan, features a former Navy SEAL who attacks
Trump for not ordering military action to kill Russians. The ad is titled
“Betrayal.”
BLOG EDITOR: BOTH BIDEN AND GEORGE W BUSH ARE GLOBALIST FOR
OPEN BORDERS AND ENDLESS WAR. THE BUSH FAMILY, LONG PARTNERED WITH THE 9-11
INVADING SAUDIS, STARTED TWO WARS AGAINST IRAQ WHICH ARE STILL FILLING THEIR POCKETS.
Another political action committee, “43 Alumni for Biden,”
consists of hundreds of former officials in the Republican administration of
George W. Bush (the 43rd US president). They declare they are “choosing country over
party” in the November election, stating: “We believe that a Biden
administration will adhere to the rule of law ... and restore dignity and
integrity to the White House.” As a Super PAC, the group can raise unlimited
sums of money to run ads attacking Trump or boosting Biden.
The final component in the rapidly coalescing coalition of
reactionaries supporting the Biden campaign consists of former
military-intelligence officials of the Obama administration, who have made a
killing in the lucrative business of “strategic consulting” and now hope to
return to power in a Biden administration. Several of them, including former
deputy defense secretary Michele Flournoy and former deputy national security
adviser and deputy secretary of state Anthony Blinken, have signed on as
Biden’s top national security advisers.
A remarkable article
in The American Prospect —a liberal publication that supports
Biden against Trump—makes a devastating exposure of these militarists for
Biden, under the headline, “How Biden’s Foreign Policy Team Got Rich.”
It documents the creation of a strategic consulting firm
called WestExec Advisors (named after West Executive Avenue, the street outside
the West Wing of the White House in Washington D.C.). WestExec was founded by
two lesser operatives, Sergio Aguirre, former chief of staff to Samantha Power,
UN ambassador under Obama, and Nitin Chadda, a former aide to Obama Secretary
of Defense Ashton Carter.
These two recruited Flournoy and Blinken to serve as the
group’s biggest “names.” Flournoy was widely expected to become secretary of
defense if Hillary Clinton won the 2016 election and she is once again at the
top of the list for Pentagon boss under Biden.
Under Trump, Flournoy served on the
Pentagon’s Defense Policy Board, the President’s Intelligence Advisory Board
and the CIA director’s External Advisory Board, before leaving once the 2020
presidential campaign heated up. She is a notorious warmonger, and The
American Prospect article details her role in
advocating continued US military support to Saudi Arabia in its war in Yemen,
which has resulted in $3 billion in weapons contracts for Raytheon. WestExec
principal Robert Work, a former deputy defense secretary, is a member of
Raytheon’s board of directors.
WestExec quickly made a splash in Washington with its launch
party attended by top former Obama national security aides such as Susan Rice,
Tom Donilon and Denis McDonough. It lined up a list of clients so potent that
neither WestExec nor the Biden campaign would release the names, for fear of
exposing the fact that Biden’s foreign policy advisory group is a wholly owned
subsidiary of the big military contractors.
One particularly noxious principal at
WestExec is former Deputy CIA Director Avril Haines, who, as The
American Prospect put it, “helped design Obama’s program of using
drones for extrajudicial killings.” In June, the Biden campaign announced that
Haines would oversee foreign policy for the Biden transition team.
While the former drone missile chief
prepares plans for the future Biden administration, the current advisers, with
their lucrative “consulting” affiliations, are listed by The American
Prospect as follows: “Nicholas Burns (The Cohen Group), Kurt Campbell
(The Asia Group), Tom Donilon (BlackRock Investment Institute), Wendy Sherman
(Albright Stonebridge Group), Julianne Smith (WestExec Advisors) and Jake
Sullivan (Macro Advisory Partners). They rarely discuss their connections to
corporate power, defense contractors, private equity, and hedge funds, let
alone disclose them.”
This is what Senator Bernie Sanders, Senator Elizabeth
Warren and their various liberal and pseudo-left apologists have embraced as
the alternative to the fascistic Trump administration—a government of
warmongers and corporate shills, no less committed to the defense of the interests
of the American ruling elite.
Josh Hawley: Counter
China’s Plans for Dominance by Ending ‘Forever Wars’
Chip Somodevilla/Getty Images
7 Apr 202020
2:34
Sen. Josh Hawley (R-MO) wrote on Tuesday that the only way
America can counter Chinese domination is to end the “forever wars” in Iraq and
Afghanistan.
Hawley said that the United States has focused more on the
response to the coronavirus outbreak than the country’s engagement in Iraq and
Afghanistan. However, he charged that America cannot respond to the Chinese
Communist Party’s plans for “domination” by remaining involved in Afghanistan
and Iraq.
“Our involvement in Iraq and Afghanistan is currently taking a
backseat to the #COVID19 crisis, but
let’s remember, the only way we are going to be able to focus on #China and counter
Beijing’s plans for domination is to end the forever wars,” Hawley wrote.
“Can’t have it both ways.”
Josh Hawley
✔ @HawleyMO
Our involvement in Iraq and Afghanistan is currently
taking a backseat to the #COVID19
crisis, but let’s remember, the only way we are going to be able to focus on #China
and counter Beijing’s plans for domination is to end the forever wars. Can’t
have it both ways https:// twitter.com/hawleymo/status/1247188890445910018 …
Josh Hawley
✔ @HawleyMO
#China Communist Party sees #COVID19, which they
unleashed on the world, as the latest opportunity in their bid for global
power. We must stay laser focused on preventing Chinese domination. Pentagon
needs to revamp our force posture accordingly https://www. nytimes.com/2020/04/05/us/politics/us-china-military-funding-virus.html?referringSource=articleShare …
628
7:55 AM - Apr 7, 2020
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The Missouri populist’s commentary follows as he said that the
country must remain “laser-focused” on preventing Chinese “domination.” He said
that this proposal will involve revamping America’s military posture towards
countering an increasingly aggressive China.
Hawley said this week:
China understands that the global pandemic is an inflection
point. They are trying to turn this to their advantage. Make no mistake, they
are still pursuing their global strategic ambitions. The need for us to laser
focus on China’s economic and military ambitions is going to be more urgent
once we beat this pandemic, not less.
Hawley’s commentary echoes his foreign policy vision, which
he unveiled in November
2019 at the Center for a New American Security (CNAS). The senator’s foreign
policy vision would replace the bipartisan foreign consensus that he called
“progressive universalism” with a foreign policy that would benefit the
interests of the American working class.
Hawley said that the “burden of this nation’s long wars had
fallen disproportionately” on middle-class families.
He said during his CNAS speech that instead of engaging in
further conflict in the Middle East, America should counter a rising and
increasingly imperialist China, which threatens the freedom of those in Hong
Kong and Taiwan. He added that China has increasingly deployed soft power to
pressure American corporations such as Disney and the NBA to “throw overboard
free speech at the first sign of Beijing’s commercial pressure.”
Hawley said that “the point of American foreign policy should
not be to remake the world, but to keep Americans safe and prosperous.”
Sean Moran is a congressional
reporter for Breitbart News. Follow him on Twitter @SeanMoran3 .
BY VERONIKA KYRLENDO
Given the extraordinary
pace of events in America and the world this year, it is not hard to imagine
that a bystander — perhaps a bug-eyed alien who has been following the series
"The Earth" — would be pleased with the dynamics of the show. But
he also would be puzzled at the rapid twists of the plot. The U.S.,
for example, enters a 2020 season in all its might and glory, with the strong
economy, where unemployment for everyone is low, where reduced taxes and
regulations promise further growth, and the basic indices of economic activity
spell "victory" for the funny-looking guy who made it
happen. Then — BAM! — a "deadly virus" hits — eh,
unimpressive...the mortality rate would have been much higher for the sake of
the show; 2 percent is a rookie number (would be even lower if the infected
were not placed in the nursing
homes). Nonetheless, America goes into lockdown, losing trillions of
dollars. Unemployment soars. Then — BAM! — massive
protests accompanied by rioting, looting, arson, vandalism, and sheer violence
erupt as a response to the incident of police brutality. The whole
system is declared evil and beyond repair. The crime rate
soars. American flags are burned — not in Iran or
North Korea, but in Washington, D.C. Some parts of the country that
were the envy of the world look like a war zone. Whoa, a
startled viewer would think — what just happened?
What is happening is that
November gets closer, and the country finds itself in a situation that may be
described with a mathematical catastrophe theory used to study discontinuous
processes. An example of a discontinuous process would be an arched
bridge to which more and more weight is added. At first, little
effect is seen as the weight on the bridge is increased — the bridge begins to
bend almost imperceptibly. At a certain point, however, enough
weight is added to the bridge that it collapses. A sudden change in
a discontinuous process is called a catastrophe.
The American model right
now has one active variable, the economic model, and one active parameter, a
necessity to choose one out of two courses of its
development. Speaking scientifically, we have reached a divergence
point that requires a system to follow one of the two possible paths that are
mutually exclusive. At this point, both of them are equally
probable, and the system "freezes" — to land on one of the paths, it
needs a push. It is difficult to accurately prognosticate the
system's behavior at this point, but one can model it. Once the
choice is made, the return to the divergence point is impossible — if you stand
before the abyss, you may either walk around it or take a step into it.
Which paths lie before
America? The first one is presented — and has been practiced for the
last 20 years — by the globalism aimed to secure America's leading place in
monopolar world. The main tools of it are supranational entities
such as international organizations, multinational corporations, and financial
institutions like the IMF and the World Bank. Even though
globalization has been pictured by academia and media as an endless pool of
growth, opportunities, and progress, it has been marked by substantial
shortcomings. For example, under the new regime of enhanced
financial mobility and power, with greater volatility of financial markets and
increased risk, real interest rates have risen substantially. This
has discouraged long-term investment in new plants and equipment and stimulated
spending on the re-equipment of old facilities along with a large volume of
essentially financial transactions — mergers, buybacks of stocks, financial
maneuvers, and speculative activities. This explains why overall
productivity growth in the member-countries of the Organization for
Economic Co-operation and Development fell . So did gross
fixed investment, and so did GDP growth. But the elites have done
well despite the slackened productivity. Because globalization
has helped keep wages down, while increasing real interest rates, the upper 5
percent of households have been able to skim off a large fraction of the
reduced productivity gains, thereby permitting elite incomes and stock market
values to rise rapidly. For the multinational corporations
that shaped foreign policy by
engaging in lobbyism, globalization has also been great. One of
their main objectives that they achieved was cheaper labor
sources. Labor is often cheapest, and least prone to cause employer
problems, in authoritarian states. Capital moves to such friendly
investment climes, shifting resources from the more expensive to the less
costly locale. (That is why the MNCs have vocally opposed the Trump
administration's escalation of trade tensions, tightening of immigration
restrictions, and disruption of global value chains.)
For the global majority,
globalization has been a whole different story. Income inequality
rose markedly both within and among countries. In the United States,
despite a great increase in productivity thanks to new technologies, inequality rose . Underemployment , job insecurity, benefit
loss — all increased .
The Trump administration
disdains globalization and practices a healthy and much needed
protectionism. It withdrew from free trade and other deals and
viciously attacked globalization structures nurtured by the previous
administrations: U.N., NATO, WTO, International Criminal Court, and now WHO,
which proved shockingly unprofessional and frankly hostile to the U.S.
interests.
If Trump gets four more
years as a president, he may get to the holy of holies of the economic
globalism — the IMF and the World Bank — which will undoubtedly face a debt
crisis due to the downfall of the world economy. Ironically, the
COVID-19 hysteria that became an act of desperation for the Democrats — whether
it was a projected event or a natural crisis that would have been a shame to
waste — now plays against the global financial leviathan and its
masters. According to none other than George Soros , the COVID-19 pandemic
is a one-two financial punch for developing economies. Not only has
it put extraordinary pressure on budgets worldwide, but it has also caused a
sharp exodus of capital from emerging markets. JPMorgan Chase &
Co. predicts that 1 in 5 emerging-market countries will default on their debt
obligations — meaning that the core banks may collapse. If some
federal reserve banks fail, the government may nationalize them — but no doubt
Trump would not save them, as Obama did in 2008. That would fatally
undermine the economic foundation of the Democrats for good; that's why Trump's
victory is not an option for them.
If Biden wins, he, as a
true O'Biden-Bama Democrat, will have to save the failing banking system by
unprecedentedly increasing the national debt in a weakened
economy. The previous model that
balanced emission with trade deals would not be possible to execute in a
severely damaged global economy. That is why Biden's victory would
lead to a delayed catastrophe, but with lower chances of surviving it, because
the condition of the country will deteriorate — his leftist policies will make
sure of it.
The choice we as a
country will make in November is clear: Trump and patriotism or Biden and
globalism. Development or decline. It is just that
simple.
Follow Veronika
Kyrylenko, Ph.D. on Twitter or LinkedIn .
Image: Fox News via YouTube.
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