Sunday, November 29, 2020

BARACK OBAMA - JOE BIDEN KNOWS HOW TO SERVICE OUR BANKSTER DONORS. - HE WILL BE MY THIRD TERM WITH KAMALA HARRIS AS CO-PRESIDENT

 

Jack Cashill’s new book, Unmasking Obama: The Fight to Tell the True Story of a Failed Presidency, is widely available. See also www.cashill.com.

BARACK OBAMA AND JOE BIDEN, RENT BOYS FOR THE BANKSTERS…. Along with Eric Holder. Interesting that they are all LAWYERS!

During his presidency, Obama bragged that his administration was “the only thing between [Wall Street] and the pitchforks.” AND NONE WENT TO PRISON… JUST FOLLOW THE MONEY.

https://globalistbarackobama.blogspot.com/2020/11/barack-obama-and-joe-biden-servants-of.html

In fact, Obama handed the robber barons and outright criminals responsible for the 2008–09 financial crisis a multi-trillion-dollar bailout. His administration oversaw the largest redistribution of wealth in history from the bottom to the top one percent, spearheading the attack on the living standards of teachers and autoworkers. 

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.”

The President and his top economic advisers bought the “too big to fail” concept, the notion that regardless of how profligate, irresponsible, even criminal, heads of the leading financial institutions in America had been, it would be worse for the nation if those institutions were to collapse. Consequently, while pushing a legislative agenda of public bail-outs, the Obama Administration maintained a secret program of multi-trillion dollar loans, including billions at below market interest rates. The principal recipients of the funding were JPMorgan, Bank of America, Citigroup Inc., Wells Fargo & Co., Goldman Sachs Group Inc. and Morgan Stanley.

Practically every cabinet appointee of Obama’s has close personal connections to the ruling class, many having come directly from corporate boardrooms. Under Obama’s watch not a single executive at a major financial firm has been criminally tried, much less sent to jail, for their role in the financial crisis.

 

“Attorney General Eric Holder's tenure was a low point even within the disgraceful scandal-ridden Obama years.” DANIEL GREENFIELD / FRONTPAGE MAG

Trump criticized Dimon (Obama’s fave bankster donor) in 2013 for supposedly contributing to the country’s economic downturn. “I’m not Jamie Dimon, who pays $13 billion to settle a case and then pays $11 billion to settle a case and who I think is the worst banker in the United States,” he told reporters.

  

“Records show that four out of Obama's top five contributors are employees of financial industry giants - Goldman Sachs ($571,330), UBS AG ($364,806), JPMorgan Chase ($362,207) and Citigroup ($358,054).”

JPMorgan’s investment arm, which includes its energy group, collects $14 billion annually; in comparison, six months’ worth of fines would amount to a paltry $180 million.

The new financial disclosures reveal that top Obama advisors directly involved in setting these policies have received millions from Wall Street firms, including those that have received huge taxpayer bailouts.

He is rather typical of the Wall Street insiders who comprise a cabinet and White House team that is filled with multi-millionaires, presided over by a president who parlayed his own political career into a multi-million-dollar fortune.

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