Monday, November 9, 2020

JOE BIDEN - SERVANT OF WALL STREET AND THE RULING CLASS - BUT DIDN'T HE STAGE A GRAND PERFORMANCE AS 'POPULIST'?

Class Conflict Will Cripple the Democrats

By Steve McCann

In the midst of the post-election chaos a long-time acquaintance, who is a robotic Democrat voter, texted me “With Biden the violence and riots in the streets of the big cities will stop.  That is why he needs to win.”  

I texted back:

“Not so fast my friend.  If Biden wins, within six to twelve months the riots will get worse and more violent.  Which is among the primary reasons why Trump must leave no stone unturned in contesting the election.  Besides if the Biden cabal steals the election, Trump must make certain the American people know the full extent of the fraud.  The Biden presidency must begin with a dark cloud hanging over it after what Trump and his 70+ million supporters have endured for the past four years including the 2020 election.”

If Biden were to prevail and be sworn in as President on January 20, 2021, it will be solely due to his party executing the greatest fraud in American political history, along with considerable help.  The Democrats’ co-

conspirators in the Ruling Class provide 

financial and media collaboration, while the 

radical American left, with their organizing 

ability and willingness to unabashedly break 

election laws to justify the ends, provide the 

muscle.

The American left now is committed to violence as a way to achieve its goals

YouTube screengrab of a riot in Minneapolis (cropped)

Saturday night, after the media proclaimed that Biden was elected, demonstrators in the nation's capital chanted "Burn it down!"

Separate group has broken off screaming “burn it down”... Dressed in all black. Marching downtown DC. A lot of umbrellas as usual with no rain in forecast: pic.twitter.com/xBi6oMq0N0

— Henry Rodgers (@henryrodgersdc) November 8, 2020

Joe Biden would not have any national mandate nor the support of the bulk of the citizenry.  Due to his cognitive decline and inability to viscerally connect with the people, he will not be able to unite the nation behind him on any issue. 

 Thus, he would be, in effect, the prisoner of and a foil for those responsible for carrying him over the finish line: The Ruling Class and the American left

Never in American political history have two more polar opposite factions combined to dominate a political party.  There is but one common factor between them: the determination, by any means possible, to defeat Donald Trump and his populist/nationalist movement, which is transforming the once moribund Republican Party into the home of the working/middle class at the expense of the Democrat party and the Ruling Class.  

All political parties are made up of various factions.  Under ordinary circumstances there is more commonality among them than a visceral hatred of an opposition political leader, so that when the time comes for their policies to be enacted or interests to be satisfied, all the factions can more easily compromise about their goals.   However, there is virtually no commonality between the Ruling Class, who wants to maintain their power, and the radical American Left, which wants to not only transform the country but overthrow the Ruling Class.

How is this marriage of convenience going to play out if Donald Trump is no longer the raison d’etre for this alliance and the Republicans control the Senate and the Democrat majority in the House hangs by a thread?  The supposedly joyous demonstrations staged by the left in multiple cities, triggered by the media’s premeditated and premature announcement on November 7th that Biden had won the election, reveals that the left, as a full partner, expects not only to have the vast bulk of their agenda enacted but to also have an equal, even primary, seat at the table of power.

However, it is a foregone conclusion that the 

Ruling Class, in particular the moneyed 

interests of Wall Street and multi-national 

corporations as well as the Deep State and 

media conglomerates, will control a senescent

and passive Joe Biden and will determine 

what is enacted by the two houses of 

Congress.  Certain to not be among them, amid many items on the left’s wish list, are the “Green New Deal,” “Medicare for All,” massive tax increases and fully subsidized college educations for all.

Other than a few symbolic crumbs, the proponents of Democratic Socialism will see nothing on their ambitious wish list enacted.   They will be also frozen out of any meaningful positions of power and influence in the Administration or Congress.

After being embraced as an equal partner in the effort to oust President Trump and performing their assigned tasks in the election fraud, these naïve brainwashed idealists will be left out in the cold.  Only then will they realize that they have been used by those same people they willingly joined and previously despised.   

However, by allying themselves with the radical progressives in this venture, the Ruling Class has given the American left one thing they have been unable, after nearly 80+ years, to accomplish on their own: status and recognition as an equal in the political arena.  As such, it is inevitable that the anger of the foot soldiers of the left at being a foil for their arch-enemy will boil over.   The leadership of the left will have to endorse their militant faction’s determination to take to the streets in even greater numbers to riot and foment violence at a future pretense of police brutality.  They will demand their agenda be enacted as they focus their unbridled rage on their former ally.

How will Biden, the Democrat party establishment and the Ruling Class react to this threat?  After spending the spring and summer of 2020 tacitly, by their silence, sanctioning violence and looting, thus cementing the alliance and emboldening the left, this cabal is in no position to forcefully put down future rioting without triggering potential bloodshed.  Nor can they acquiesce to the left’s demands as they would, in essence, be cutting their own throats.  In due course this nation will be embroiled in near uncontrollable chaos.

The Ruling Class and its appendages, the mainstream media, tech billionaires, Wall Street, the Deep State, Hollywood and government bureaucrats, will gloat in what may well be a successful effort to oust the most accomplished and most politically transformative one term president since Abraham Lincoln.  But by doing so and elevating the radical left they have set in motion events that will eventually spiral out of their control.

There is not sufficient scorn to heap upon the self-centered megalomaniacal fools in the Democrat party and a purportedly elite Ruling Class.  They have not only orchestrated a potentially stolen national election and destroyed the people’s faith in the electoral process, they have unleashed the rabid dogs of the left into the mainstream of American politics.  They may have referred to those in fly-over country as deplorables, but this cabal can only be referred to as the despicables.

 JOE BIDEN: A DEDICATED SERVANT OF WALL STREET, THE RICH, AND BANKSTERS….

 

https://mexicanoccupation.blogspot.com/2020/11/lawyer-joe-bidens-kleptocracy-joe-and.html

The Biden family is notorious for being the crookedest clan not only in Delaware, but in D.C. DANIEL GREENFILED, FELLOW, SHILLMAN JOURNALISM, FREEDOM CENTER

*

The Hunter Biden laptop unrolls two ragged threads. One is the descent of Joe Biden’s son into new depths of depravity and the other are the foreign investors who bought into Joe Biden Inc.

*

If they can buy an election for Biden, the theory is, they can buy it for anyone.

*

Oligarchies always have lots of money even when workers go hungry and lose their homes. And they get that money by seizing the centers of power and consume

 

 

SHE’S CORRUPT, AMORAL, BRIBES SUCKING BUT ISN’T THAT WHY BIDEN WANTED HER TO BE V.P?

SHE’S A SOCIOPATH LAWYER!

https://kamala-harris-sociopath.blogspot.com/2020/09/kamala-harris-amoral-corrupt-bribes.html

Tucker Carlson of Fox News calls Harris a corrupt and dangerous fraud who sees laws and powers only as means to punish her enemies, pursue her agenda, and get elected. 

KAMALA HARRIS   -  I CAN CON THEM! I'M A LAWYER, IT'S WHAT I HAVE DONE MY ENTIRE BRIBES SUCKING LEGAL CAREER!

https://kamala-harris-sociopath.blogspot.com/2020/09/kamala-harrs-i-can-con-them-im-lawyer.html

All of this is, if we can be permitted to use Biden’s catchphrase, “malarkey.” Harris has already proven herself as a trusted servant of the interests of the rich and powerful at the expense of the working class. The Wall Street Journal wrote last week that Wall Street financers had breathed a “sigh of relief” at Biden’s pick of Harris. Industry publication American Banker noted that her steadiest stream of campaign funding has come from financial industry professionals and their most trusted law firms.

FOR LAWYER KAMALA HARRIS, THE LAWS SIMPLY DO NOT FACTOR INTO ANYTHING. SHE’S IN IT TO MAKE MONEY.

SO IS HER LAWYER HUSBAND!

https://mexicanoccupation.blogspot.com/2020/11/lawyer-kamala-harris-as-vice-president.html

9. Why did your office decline to investigate the health supplement fraud cases involving companies your husband’s law firm represented? Did you, as California’s attorney general, ever purposefully decline investigating or prosecuting clients of your husband’s law firm?

Sen. Kamala Harris (D-CA) and her husband, attorney Douglas Emhoff, gave 1.1% of their income to charity in 2019, tax records show.

Harris reported giving $35,390 to charity, while she and her husband earned $3,095,950 in taxable income.

The best-case scenario is that she’s a progressive who repeatedly violated her own principles so that she could promote her career. In the worst-case scenario, she’s just another corrupt, rotten, regressive prosecutor.

                                                           JESSER HOROWITZ

LAWLESS! THE PARASITE LAWYER CLASS

THE CASE AGAINST GRIFTER JOE BIDEN

https://mexicanoccupation.blogspot.com/2020/11/lawyers-lawless-class-case-against-joe.html

The mayhem has been papered over with lies, which is why Joe Biden makes such a perfect front man for the global elites.  Biden has lied about almost everything in his life.  Where to begin? By Mark Christian

Biden lied about his undergraduate degree and his majors, lied about his rank in law school, lied about scholarships and educational aid he had received, lied about his stance toward the Vietnam war while in college, lied about his plagiarism of other politician's writings and speeches, lied about the circumstances around his first wife's fatal accident, lied about how he met his second and current wife, and lied about the affair they were having when they were both married. By Mark Christian

 

LAWLESS! THE PARASITE LAWYER CLASS

THE CASE AGAINST LAWYER HUNTER BIDEN

https://mexicanoccupation.blogspot.com/2020/10/the-lawless-lawyer-class-case-against.html

Together James and Hunter Biden had built a business around Joe Biden. But what happened in Pennsylvania, in St. Louis, and Arkansas ended with more than greed.

Americans don’t want the corrupt in power. It’s that simple. If Hillary Clinton’s foundation peddled access to her when she was secretary of state; this is much worse. How could a compromised Biden ever stand up to countries like China and Russia, which have already paid his family millions?

 

THE RAPID RISE AND EVEN QUICKER FALL OF A

SOCIOPATH BRIBES SUCKING LAWYER   -  WE'RE

TALKING ABOUT KAMALA HARRIS

https://kamala-harris-sociopath.blogspot.com/2020/10/the-rapid-rise-and-even-quicker-fall-of.html

“The effrontery to all of us to put an obviously ailing and incoherent 

Joe Biden for the top spot and for the V.P., Kamala Harris, who 

couldn't even carry her own state in the primaries, indicates their lack of

judgment.”  ALAN BERGSTEIN

“However, I would like to encourage my fellow Democrats to approach Senator Harris with a healthy dose of skepticism. As a prosecutor and California State Attorney General, Harris has engaged in blatantly unethical behavior for her profession and embraced positions that actively hurt her constituents.”

                                                             JESSER HOROWITZ

Joe Biden, the corrupt, unaccomplished 47-year career politician, with a reputation of having been a proud segregationist, an unabashed plagiarist and liar, a resolute tale-teller, and a serial flip-flopper, is pretending to head up a radical social-democratic ticket for President of the United States that includes as his running mate the ambitious, disagreeable junior senator from California: Kamala Harris. 

 

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.

THE LOOTING OF AMERICA:

BARACK OBAMA AND HIS CRONY BANKSTERS set themselves on America’s pensions next!

THE REALITY OF OBAMA-BIDENomics

A key factor in Obama’s newfound and growing wealth are those who profited from his presidency. A number of his public speeches have been given to big Wall Street firms and investors. Obama has given at least nine speeches to Cantor Fitzgerald, a large investment and commercial real estate firm, and other high-end corporations. According to records, each speech has been at least $400,000 a clip. Obama’s rewards are simply retroactive bribery for services rendered to the capitalist elite, who have welcomed him with open arms.  Jonathan Emord

http://mexicanoccupation.blogspot.com/2015/04/obamanomics-assault-on-american-middle.html

The new aristocrats, like the lords of old, are not bound by the laws that apply to the lower orders. Voluminous reports have been issued by Congress and government panels documenting systematic fraud and law breaking carried out by the biggest banks both before and after the Wall Street crash of 2008.

Goldman Sachs, JPMorgan Chase, Bank of America and every other major US bank have been implicated in a web of scandals, including the sale of toxic mortgage securities on false pretenses, the rigging of international interest rates and global foreign exchange markets, the laundering of Mexican drug money, accounting fraud and lying to bank regulators, illegally foreclosing on the homes of delinquent borrowers, credit card fraud, illegal debt-collection practices, rigging of energy markets, and complicity in the Bernie Madoff Ponzi scheme.

 

THE OBOMBS AND HARVARD

OBAMA AND HIS SAUDIS PAYMASTERS… Did he serve them well?

Malia, Michelle, Barack and the College Admissions Scandal https://globalistbarackobama.blogspot.com/2019/03/malia-michelle-barack-and-college.html

Michelle was the next to attend Harvard, in her case Harvard Law School. “Told by counselors that her SAT scores and her grades weren’t good enough for an Ivy League school,” writes Christopher Andersen in Barack and Michelle, “Michelle applied to Princeton and Harvard anyway.”

GOOGLE WHAT THE OBOMB DID FOR HIS SAUDIS PAYMASTERS

Barack Obama’s back door, however, was unique to him. Before prosecutors send some of the dimmer Hollywood stars to the slammer for their dimness, they might want to ask just how much influence a Saudi billionaire peddled to get Obama into Harvard.

 

“Of course, one of the main reasons the nation is now “divided, resentful and angry” is because race-baiting, Islamist, class warrior Barack Hussein Obama was president for eight long years." MATTHEW VADUM

 

Clinton Foundation Put On Watch List Of Suspicious ‘Charities’

 

http://mexicanoccupation.blogspot.com/2015/04/charity-navigator-clinton-foundation.html

"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

GRIFTER AND PHONY CHARITY FOUNDATION FRAUDSTER HILLARY CLINTON’S LONG SERVICE TO AMERICA’S MOST EVIL BANKSTERS

 

https://mexicanoccupation.blogspot.com/2019/08/the-democrat-party-grifter-and-pay-to.html

 

The judge found these releases, together with the publication of Clinton’s secret speeches to Wall Street banks, in which she pledged to be their representative, were “matters of the highest public concern.” They “allowed the American electorate to look behind the curtain of one of the two major political parties in the United States during a presidential election.”

 

“Clinton also failed to mention how he and Hillary cashed in after his presidential tenure to make themselves multimillionaires, in part by taking tens of millions in speaking fees from Wall Street bankers.”

 

VIDEO:

THE FRAUDULENT CLINTON FOUNDATION EXPOSED.

PAY-TO-PLAY FROM THE FIRST DAY!

 

https://hillaryclinton-whitecollarcriminal.blogspot.com/2019/01/sucking-in-bribes-dirty-story-of-two-of.html

 

Is it a signal that she's back in the game because she's selling her president-ability to the world's global billionaire crowd and laying the groundwork for more funds?  There are all kinds of ways for foreign billionaires to get money to the U.S. without consequences, after all.  What's more, it's pretty much the biggest base of support she has, which is at least one reason why she lost the 2016 election.

*

“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.”

THE SHADY POLITICS OF HILLARY CLINTON and her PAY-TO-PLAY MAFIA

http://hillaryclinton-whitecollarcriminal.blogspot.com/2018/09/had-hillary-clinton-won-election-left.html

The left cared nothing about that bit of collusion. 

Hillary and her campaign aides have long been involved with Russia for reasons of personal gain.  Clinton herself got $145 million in donations to the Clinton Foundation for allowing Russia to take over twenty percent of all uranium production in the U.S. Her campaign chairman, John Podesta, is reaping the financial benefits of being on the board of a Russian company, Joule, which he did not disclose.  PATRICIA McCARTHY

Had Hillary been elected, the Clinton Foundation would be raking in even more millions than it did before.  She would be happily selling access, favors and our remaining freedoms out from under us. PATRICIA McCARTHY

 

THE PHONY CLINTON FOUNDATION CHARITY slush fund

 

https://hillaryclinton-whitecollarcriminal.blogspot.com/2018/12/global-grifters-clintons-phony-charity.html

 

“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: Serving the super-rich and filling her bottomless pockets as she does!

https://hillaryclinton-whitecollarcriminal.blogspot.com/2018/12/grifter-and-global-looter-hillary.html

"And this being Hillary, with her stated presidential ambitions still remaining, it's also a distinct possibility that donations to the Clinton Foundation are still being sought, especially since they have dropped to nearly nothing now that Clinton has no influence to sell.  With Hillary, it's always about money.  Her stint as secretary of state was completely about pay to play, after all." MONICA SHOWALTER

Is it a signal that she's back in the game because she's selling her president-ability to the world's global billionaire crowd and laying the groundwork for more funds?  There are all kinds of ways for foreign billionaires to get money to the U.S. without consequences, after all.  What's more, it's pretty much the biggest base of support she has, which is at least one reason why she lost the 2016 election.

THE GRIFTERS:

 

HILLARY CLINTON AND HER SERIAL RAPIST HUSBAND

 

https://hillaryclinton-whitecollarcriminal.blogspot.com/2018/11/the-grifters-did-hillary-and-billary.html

 

 

“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

 

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

 

https://hillaryclinton-whitecollarcriminal.blogspot.com/2018/10/hillary-clinton-loses-security.html

 

"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?

https://hillaryclinton-whitecollarcriminal.blogspot.com/2018/10/hillary-clinton-and-her-banksters-at.html

 

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.

 

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

 

https://hillaryclinton-whitecollarcriminal.blogspot.com/2016/11/it-may-well-be-true-that-donald-trump.html

 

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."

 

HILLARY & BILLARY: The Evita and Juan Peron of Wall Street


The Clinton Looting of the Poor of Haiti

 

http://mexicanoccupation.blogspot.com/2016/10/the-clinton-mafia-loots-poor-of-haiti.html

 

 

“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.”

 

 

IT WAS BILL CLINTON WHO UNLEASHED WALL STREET’S BIGGEST CRIMINAL BANKSTERS…. And haven’t they sucked up the banksters’ gratuities since?

 

Only Barack Obama has serviced banksters more than Hillary and Billary!

 

http://hillaryclinton-whitecollarcriminal.blogspot.com/2016/07/the-bankster-funded-democrat-party-for.html

 

“Clinton also failed to mention how he and Hillary cashed in after his presidential tenure to make themselves multimillionaires, in part by taking tens of millions in speaking fees from Wall Street bankers.”

TRY TO SEPARATE THE CLINTON MAFIA AND DONALD TRUMP’S CRIMES FROM THEIR BANKSTER PAYMASTERS AT GOLDMAN SACHS!

 

Can’t be done!

 

 

NEW YORK — In the midst of a public relations nightmare, former White House Deputy National Security Adviser Dina Habib Powell took charge of Goldman Sachs’s global charitable foundation, helping to resurrect the big bank’s shattered image after it was implicated in practices that contributed to the financial crisis of 2007-2008.

 

https://hillaryclinton-whitecollarcriminal.blogspot.com/2018/10/goldman-sachs-dina-powell-i-served-my.html

 

“Clinton also failed to mention how he and Hillary cashed in after his presidential tenure to make themselves multimillionaires, in part by taking tens of millions in speaking fees from Wall Street bankers.”

TOP EVIL CORPORATIONS LOOTING AMERICA

Goldman Sachs TRUMP CRONIES – CLINTON CRONIES

JPMorgan Chase OBAMA CRONIES

ExxonMobil

Halliburton BUSH CRIME FAMILY CRONIES

British American Tobacco

Dow Chemical

DuPont

Bayer

Microsoft

Google CLINTON CRONIES

Facebook OBAMA CRONIES

Amazon

Walmart

GET THIS BOOK!

 

Obamanomics: How Barack Obama Is Bankrupting You and Enriching His Wall Street Friends, Corporate Lobbyists, and Union Bosses

BY TIMOTHY P CARNEY

 

 Editorial Reviews

 

Obama Is Making You Poorer—But Who’s Getting Rich?

 

Goldman Sachs, GE, Pfizer, the United Auto Workers—the same “special interests” Barack Obama was supposed to chase from the temple—are profiting handsomely from Obama’s Big Government policies that crush taxpayers, small businesses, and consumers. In Obamanomics, investigative reporter Timothy P. Carney digs up the dirt the mainstream media ignores, and the White House wishes you wouldn’t see. Rather than Hope and Change, Obama is delivering corporate socialism to America, all while claiming he’s battling corporate America. It’s corporate welfare and regulatory robbery—it’s OBAMANOMICS TO SERVE THE RICH AND GLOBALIST BILLIONAIRES.

OBAMA-CLINTONOMICS: You were wondering how many jobs went to illegals and how well Obama’s crony banksters have done???

By PAUL BEDARD 

 

The sputtering economic recovering under President Obama, the last to follow a major recession, has fallen way short of the average recovery and ranks as the worst since the 1930s Great Depression, according to a new report.

 

Had the recovery under Obama been the average of the 11 since the Depression, according to the report, family incomes would be $17,000 higher, six million fewer Americans would be in poverty, and there would be six million more jobs.

http://hillaryclinton-whitecollarcriminal.blogspot.com/2016/08/obama-clintonomics-serving-super-rich.html

 

 

LIFE OF A GRIFTER:

 

“Hillary Clinton will end up as one of those Mafia dons slumped in a wheelchair while the lawyers attempt to generate sympathy.

 

http://hillaryclinton-whitecollarcriminal.blogspot.com/2018/10/swamp-empress-and-wife-of-serial-rapist_8.html

 

“But if she shows any sign of weakness, her cronies will begin to desert her, those she trampled on and harmed will seek payback, and the authorities will at last stir themselves to look into things. The current investigations will continue and expand. Others will be opened. Clinton can look forward to an old age spent in courthouses and committee rooms. She will end up as one of those Mafia dons slumped in a wheelchair while the lawyers attempt to generate sympathy. And that’s fine. She has earned the most Hellenic of punishments.”

 

“The Clintons have been a criminal enterprise since they came to power in Arkansas.  The list of scandals they have generated is long and tawdry.  Their principal goal then and now has always been to enrich themselves.  They never once had a moral compunction about lying, cheating, selling, and stealing their way to wealth. They are the Perons of America.  They eventually set up a "foundation" and the money kept rolling in.” THOMAS LIFSON / AMERICAN THINKER

No longer able to get half a million bucks for a brief speech before foreign interests seeking the favor of the American government, Bill and Hillary Clinton are going the concert tour route, hoping to cobble together another fortune built on selling a few thousand tickets per show, from about $70 to $750. THOMAS LIFSON DICK MORRIS:

On America’s First Family of Crime….. NO! Not the Bushes again!

 

Clinton global hucksterism – Selling out America like they sold out the Lincoln Bedroom.

 

http://mexicanoccupation.blogspot.com/2015/06/-morris-how-bill-clinton-duped.html

HILLARY CLINTON: THE LIFE OF A VERY DISTURBED AND VERY DISHONEST SOCIOPATH

http://hillaryclinton-whitecollarcriminal.blogspot.com/2016/07/the-squalid-lives-of-hillary-clinton.html

In the book, Byrne describes her as “distant, cold, dishonest, and a habitual liar.” When asked about this, he told American Thinker, “Americans need to know that Mrs. Clinton is not a leader. She displays a holier-than-thou attitude, ‘do as I say, not as I do.’ When I heard her say Bill Clinton would work with her on the economy, my first thoughts, ‘what steps will she take to protect young women working at the White House from him?’ Her pattern is 
reflection, deception, and lies.”

 

In June 2010, several of his companies received deals or concessions from the Colombian government following back-to-back meetings that Bill Clinton and then-Secretary of State Hillary Clinton had with the President of Colombia. Giustra has given tens of millions of dollars to the Clinton Foundation since 2005.

 

WHY DO YOU THINK THE RICH AND 


CROOKED WANT HILLARY CLINTON 


IN 
THE WHITE HOUSE?

 

 

Their net worth today is now in excess of $150 million, accumulated not by traditional means of work and investment, but rather by pay-for-play influence peddling through speeches and Clinton Foundation fundraising -- with the tacit understanding that the Clintons would be in a position to return favors to donors after Hillary won the 2016 presidential election. 

 

http://mexicanoccupation.blogspot.com/2016/11/billionaires-and-banksters-for-hillary.html

FOLLOWING THE CRIMES OF BILL AND HILLARY CLINTON BECOMES AMERICA’S ROAD TO REVOLUTION

 http://mexicanoccupation.blogspot.com/2016/10/bill-and-hillary-clintons-global.html

 

Transcripts released by WikiLeaks of Clinton speeches to Wall Street bankers, for which she received six-figure paychecks, show her praising  the recommendations of the 2010 Simpson- Bowles deficit-reduction commission, which called for sweeping cuts to Social Security, Medicare and Medicaid; the elimination of 200,000 federal jobs; a tax on employees’

FOLLOWING THE CRIMES OF BILL AND HILLARY CLINTON BECOMES AMERICA’S ROAD TO REVOLUTION

 http://mexicanoccupation.blogspot.com/2016/10/bill-and-hillary-clintons-global.html

 

Transcripts released by WikiLeaks of Clinton speeches to Wall Street bankers, for which she received six-figure paychecks, show her praising  the recommendations of the 2010 Simpson- Bowles deficit-reduction commission, which called for sweeping cuts to Social Security, Medicare and Medicaid; the elimination of 200,000 federal jobs; a tax on employees’

THE DEMISE AND ULTIMATE DESTRUCTION of HILLARY CLINTON

 

"Hillary Clinton is a known liar, a criminal of monstrous proportions; others have gone to prison for crimes she has committed over and over: lying to Congress, lying to the FBI, violating national security laws by which she was bound as Secretary of State, etc. It's a long list."

 

Clinton, the candidate favored by most of Wall Street and the corporate
elite and large sections of the Republican Party establishment, is seeking to
assemble something akin, within the framework of the US political setup, to a
grand coalition between the Democratic Party and the Republican leadership.

 

http://mexicanoccupation.blogspot.com/2016/10/clinton-preparing-bipartisan-government.html

 


Transcripts released by WikiLeaks of Clinton speeches to Wall Street

bankers, for which she received six-figure paychecks, show her praising the
recommendations of the 2010 Simpson-Bowles deficit-reduction commission, which called for sweeping cuts to Social Security, Medicare and Medicaid; the
elimination of 200,000 federal jobs; a tax on employees’ health benefits; and
huge cuts in income taxes for the wealthy and corporate taxes.

 

BILL CLINTON SUCKS IN BRIBES FROM ISIS DONORS!

 

The Muslim Sheikhdom Qatar is a major sponsor of ISIS and global anti-American terrorism. How disturbing is it that Bill Clinton sucked in a bribe of ONE MILLION DOLLARS under the guise of a birthday gift? There is NO one the Clintons will not sell us out to and have already!

 

http://mexicanoccupation.blogspot.com/2016/10/the-muslim-conspiracy-in-america-will.html

 

"Even though it has gone virtually unreported by corporate media, Breitbart News has extensively documented the Clintons’ longstanding support for “open borders.” Interestingly, as  he Los Angeles Times observed in 2007, the Clinton’s praise for globalization and open borders frequently comes when they are speaking before a wealthy foreign audiences and donors."

*

Clinton Cash investigates how Bill and Hillary Clinton went from being “dead broke” after leaving the White House to amassing a net worth of over $150 million, with $2 billion in donations to their foundation, wealth accumulated during Mrs. Clinton’s tenure as Sec. of State through lucrative speaking fees and contracts paid for by foreign companies and Clinton Foundation donors.

*
"The Clintons used this as a way to launder foreign donations (which would be illegal if they were campaign donations) to finance her campaign in absentia."

 

DANCING WITH DICTATORS.... BOTH THE CLINTONS ARE EXPERT DANCERS!

 

Hillary’s Russian connection

 

By Thomas Lifson

 

http://hillaryclinton-whitecollarcriminal.blogspot.com/2016/08/sucking-in-bribes-hillary-clinton-phony.html

 

 

“Facilitating strategic technology transfer in return for money is an old Clinton game.  The Chinese bought their way to access of considerable space technology when Bill Clinton was president.  Remember Charlie Trie, Loral, and the rest of the crew?”

THE CLINTONS AND RED CHINA:

A MONEY MAKING TRAITORSHIP!

http://hillaryclinton-whitecollarcriminal.blogspot.com/2018/08/who-are-bigger-servants-of-red-china.html

"Ask Jeff Sessions about the charges.  Money was flowing into the Clinton Foundation from all over the world, disguised, rerouted through a Canadian charity, all to obscure its origins."

VIDEO:

JUDICIAL WATCH GOES AFTER CLINTON AND OBOMB… will they see prison time?

THE OBAMA-CLINTON SWAMP…. How close they came to destroying American democracy…. It’ what happens when two psychopath lawyers are permitted to run for office!

http://mexicanoccupation.blogspot.com/2018/03/monty-pelerin-drain-swamp-becomes.html

“If the Constitution did not forbid cruel and unusual punishment, the sentence I would like to see imposed would place both Bill and Hillary Clinton in the same 8-by-12 cell.”    ROBERT ARVAY – AMERICAN THINKER com

 “Behind the ostensible government sits enthroned an invisible government owing no allegiance and acknowledging no responsibility to the people. To destroy this invisible government, to befoul the unholy alliance between corrupt business and corrupt politics is the first task of the statesmanship of today.” THEODORE ROOSEVELT

 

In 2014 the Russell Sage Foundation found that between 2003 and 2013, the median household net worth of those in the United States fell from $87,992 to $56,335—a drop of 36 percent. While the rich also saw their wealth drop during the recession, they are more than making that money back.

 

Between 2009 and 2012, 95 percent of all the income gains in the US went to the top 1 percent. This is the most distorted post-recession income gain on record.

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

 

"One of the premier institutions of big business, JP Morgan Chase, issued an internal report on the eve of the 10th anniversary of the 2008 crash, which warned that another “great liquidity crisis” was possible, and that a government bailout on the scale of that effected by Bush and Obama will produce social unrest, “in light of the potential impact of central bank actions in driving inequality between asset owners and labor."  

 

This manufactured crisis has, in turn, been exploited by the Obama administration and both big business parties to hand over trillions in pension funds and other public assets to the financial kleptocracy that rules America.

 

“Our entire crony capitalist system, Democrat and Republican alike, has become a kleptocracy approaching par with third-world hell-holes.  This is the way a great country is raided by its elite.” ----Karen McQuillan AMERICAN THINKER

 

Biden defended the wealthy in his speech to the donors but begged them to be aware of wealth inequality.

THE CRONY CLASS:

Income inequality grows FOUR TIMES FASTER under Obama-Biden and their bankster regime than Bush.

http://mexicanoccupation.blogspot.com/2014/12/obamanomics-at-work-depressed-wages-and.html

 

“By the time of Bill Clinton’s election in 1992, the Democratic Party had completely repudiated its association with the reforms of the New Deal and Great Society periods. Clinton gutted welfare programs to provide an ample supply of cheap labor for the rich (WHICH NOW MEANS OPEN BORDERS AND NO E-VERIFY!), including a growing layer of black capitalists, and passed the 1994 Federal Crime Bill, with its notorious “three strikes” provision that has helped create the largest prison population in the world.”

 

“Our entire crony capitalist system, Democrat and Republican alike, has become a kleptocracy approaching par with third-world hell-holes.  This is the way a great country is raided by its elite.” ----Karen McQuillan AMERICAN THINKER

Biden defended the wealthy in his speech to the donors but begged them to be aware of wealth inequality.

Wealth concentration increases in US.

https://mexicanoccupation.blogspot.com/2019/02/staggering-concentration-of-wealth-in.html

 

The latest research on wealth inequality by University of California economics professor Gabriel Zucman underscores one of the key social and economic trends since the global financial crisis of 2008. Those at the very top of society, who benefited directly from the orgy of speculation that led to the crash, have seen their wealth accumulate at an even faster rate, while the mass of the population has suffered a major decline.

The past 40 years have seen the consolidation of a plutocratic elite, which has subordinated every aspect of American society to a single goal: amassing ever more colossal amounts of personal wealth. The top one percent have captured all of the increase in national income over the past two decades, and all of the increase in national wealth since the 2008 crash.

 

“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.”

 

"This is how they will destroy America from within.  The leftist billionaires who orchestrate these plans are wealthy. Those tasked with representing us in Congress will never be exposed to the cost of the invasion of millions of migrants.  They have nothing but contempt for those of us who must endure the consequences of our communities being intruded upon by gang members, drug dealers and human traffickers.  These people have no intention of becoming Americans; like the Democrats who welcome them, they have contempt for us." PATRICIA McCARTHY

 

A key factor in Obama’s newfound and growing wealth are those who profited from his presidency. A number of his public speeches have been given to big Wall Street firms and investors. Obama has given at least nine speeches to Cantor Fitzgerald, a large investment and commercial real estate firm, and other high-end corporations. According to records, each speech has been at least $400,000 a clip.

During his presidency, Obama bragged that his administration was “the only thing between [Wall Street] and the pitchforks.”

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.

 

No, Joe, There Was No Economic Boom Under Obama

Stephen Moore

The great Jackie Gleason once said, "The past remembers better than it lived." And so it is, apparently, with the Obama years.

BLOG EDITOR: THE ECONOMIC MELTDOWN OF 2008 WAS CAUSED ENTIRELY BY THE VERY BANKSTERS WHO OWNED BARACK OBAMA AND JOE BIDEN FROM DAY ONE. THEY NOW ALSO OWN KAMALA HARRIS.

ULTIMATELY, THE ‘OBAMA RECOVERY’ SAW THE GREATEST TRANSFER OF WEALTH TO THE RICH IN AMERICAN HISTORY.

There was no economic "boom" as Joe Biden and Kamala Harris are misremembering. This was an economy that skidded into a financial ditch and seemingly never pulled out of it and got back on the prosperity hot lanes until Donald Trump won the election in November 2016.

You can mark the real recovery -- an economic inflection point almost the day after that surprise election outcome.

Every liberal forecaster and most academic economists had guaranteed America that, if Trump were elected, the stock market would crash; workers would be flattened; and, as New York Times economist Paul Krugman famously predicted, the economy would "never" recover.

Instead, the Dow Jones Industrial Average soared by 257 points the morning after the election (that's some crash), and it rose for the next three years, as it has again over the last several months. A few days after that election, small-business optimism surged by its most considerable amount ever measured, going back many decades. Family incomes surged to record-high levels in 2017, 2018 and 2019 as deregulation and tax cuts fueled a powerful engine. In three years, ordinary people had made more income gains than in eight years under the Obama-Biden administration.

But now we are being told a fairy tale that the Obama economy was booming and Biden miraculously fixed it and Trump "blew it."

Here's the reality check. Under Barack Obama, the economy barely grew 2% -- rather pathetic for a "recovery." The people who made the preposterous bullish claims that Obama saved the economy are the ones who now say the Biden economic plan will gain millions of jobs.

In the last year of Obama's presidency, growth shrunk to 1.6%, and the concern was the possibility of another recession. That's some boom.

If the Obama recovery had been as rapid as the average recovery, we would have had at least $1 trillion more GDP by 2016. If we had experienced a Ronald Reagan-style recovery, the GDP would have been $2.5 trillion larger when Obama left office. It is almost equivalent to the size of the entire output of the state of California gone missing.

The first four years of the Obama presidency were abysmal. The Obama-Biden $800 billion stimulus plan left unemployment higher every year than their economists had predicted if we did nothing. What bailed out Obama, ironically enough, was the shale oil and gas revolution that added millions of jobs despite the Obama-Biden hatred of fossil fuels. Most of the employment growth came in Texas, Oklahoma and North Dakota. Meanwhile, most of the green energy subsidies went into failed and now-bankrupt companies such as Solyndra. And now Biden promises another $2 trillion for "clean energy" corporate welfare subsidies.

Throughout nearly all of the Biden-Obama presidency, roughly 1 out of 3 people in the United States rated the economy as "good" or "excellent." Most of the rest rated the economy "fair" or "poor." That number surged to about 65% rating the economy as "good" or "excellent" within a year of Trump's presidency.

People can debate Trump's handling of the virus and the mistakes that have been made. It now looks like under any scenario, except an airtight sequestering of those over the age of 75, smokers, diabetics and severely overweight people, we would have seen the same or worse results.

Now the question is which game plan gets the economy and employment back to normal as quickly as possible. Biden promises a $4 trillion tax hike on almost all U.S. businesses and investors. That's roughly 5% of everything we produce that gets snatched away in higher taxes. If you believe that this will get America back on the fast track, you probably believe Obama caused an economic boom.

Stephen Moore is a senior fellow at the Heritage Foundation and an economic consultant with FreedomWorks. He is the co-author of "Trumponomics: Inside the America First Plan to Revive the American Economy." 

Unmasking Obama: The Fight to Tell the True Story of a Failed Presidency Hardcover – August 18, 2020

by Jack Cashill  (Author)

5.0 out of 5 stars    5 ratings


Unmasking Obama: The Fight to Tell the True Story of a Failed Presidency Hardcover – August 18, 2020

by Jack Cashill  (Author)

 

Jack Cashill’s Unmasking Obama By Thomas Lifson 

 

To my surprise, Jack Cashill's new book, Unmasking Obama, couldn't be more relevant to the political struggle facing us today. In 2020, as in 2008 (and throughout the two Obama presidential terms), the key to political power is what must be called "information warfare" (my term, not Jack's) between the mighty establishment media and the feisty conservative alternative media, which Jack likens to the samizdat underground commentary in the old Soviet Union. It is the process of the unmasking of the phony propaganda peddled by the all-powerful establishment by the resource- and prestige-poor "Lilliputians" (an appropriation of Jonathan Swift's work that the satirist surely would approve of) that is the heart of the book. The narrative history presented in Unmasking Obama is captivating. Jack takes readers along with him as he was both a participant in the warfare and a historian of it, digging up parts of the elusive truth about the real Barack Obama in the face of derision and obstruction that came his way. But Jack is far from the sole hero of the story of the warfare. Because of his literary detective work, proving beyond a reasonable doubt that Bill Ayers wrote the autobiographical book, Dreams from My Father, that first established Obama as a serious intellect, Jack enjoyed access to many of the most formidable truth-tellers about Obama. The book's prologue, in fact, begins with a phone call Jack received in 2011 from a then little-known lawyer named Michael Cohen, acting as a lawyer for Donald Trump. Unmasking Obama takes the reader through the major aspects of the fraudulent picture of Obama that was painted by the media and political establishments and details how the truth was uncovered and often partially suppressed by the retaliatory efforts launched in response. It often resembles detective fiction in the drama of the struggle to get at the truth and the struggle to prevent that. I hesitate to call it beach reading, for it is not in any sense fluff, intended to while away time. But it is vastly entertaining and thought-provoking, and the 218 pages fly by rapidly. Today, exactly the same struggle is underway between the Lilliputians seeking to uncover who really is running the front-man candidacy of Joe Biden and the shadowy movement that is looting and destroying our cities and the coordinated might of the mass media that spends 95% of its time pushing a party line that Trump is an unprecedented threat to human civilization and Joe Biden an amiable and pragmatic centrist. Future historians, if there are any left still interested and able to dispassionately understand how America came to the current point of crisis, will find the story told in Unmasking Obama a very helpful guide. If journalism is the "first draft of history," Unmasking Obama is a well considered second draft, adding crucial perspective and assessment of the consequences of the real-time reports. You don't have to wait that long, though. It went on sale last week, and is well worth your time.

 

Income inequality grows four times faster under Obama than Bush …. we bankroll Mexico's welfare state in our borders as the number of Americans (Legals) sink into poverty! Illegals also get all the jobs!

 

http://mexicanoccupation.blogspot.com/2013/09/obamas-assault-on-american-people-on.html

 

The study noted that, in the aftermath of the Great Depression, the US undertook policies “during the New Deal [that] permanently reduced income concentration until the 1970s.” In contrast, the study noted a striking absence of any measures to reign in social inequality in the present crisis. Far from it, the Obama administrations’ bank bailouts, austerity program and wage-cutting policies have vastly expanded the prevalence of social inequality.

 

 

OBAMA’S CRONY BANKSTERISM

THE FED'S OLD BOY NETWORK

By Attorney Jonathan Emord

Author of "The Rise of Tyranny" and

"Global Censorship of Health Information"

December 19, 2011

NewsWithViews.com

Bloomberg LP, parent of Bloomberg News, performed an enormous service for the American public when it sued the Federal Reserve and the Clearing House Association LLC, an institution created by several of the nation’s largest banks, to force disclosure of secret loans made by the Federal Reserve principally to the six largest U.S. banks but also to certain foreign banks. The treasure trove of evidence ultimately obtained by Bloomberg reveals that while the public Troubled Asset Relief Program (TARP) bailed out leading Wall Street firms for the whopping sum of $700 billion, the Fed at the same time doled out some $7.77 trillion (an astronomical sum equal to have the gross domestic product). To make matters worse, the Fed expanded its emergency discount lending program, giving tens of billions more to the same banks at an interest rate of 1%, while the prime lending rate stood at over 3%. The banks getting these funds often turned them into profit centers, lending out proceeds from them at higher interest rates and pocketing the difference, profiting on federal largesse.

 

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.

The General Accounting Office audit of the Federal Reserve revealed that some $16 trillion was supplied in secret loans from the Federal Reserve between December 1, 2007 and July 21, 2010. The largest single recipients were Citigroup ($2.5 trillion); Morgan Stanley ($2 trillion); Merrill Lynch ($2 trillion); Bank of America ($1.3 trillion); Barclays PLC ($868 billion); Bear Stearns ($853 billion); Goldman Sachs ($814 billion); the Royal Bank of Scotland ($541 billion); JP Morgan Chase ($391 billion); and Deutsche Bank ($354 billion).

Bloomberg discovered that while top banks were touting in their press releases during the crisis that they had fiscal soundness, their balance sheets were made up primarily of federal funds, most from the Federal Reserve. Moreover, while many banks paid back the TARP funds, they most often did so in reliance on the secret receipts of tens of billions of dollars in Federal Reserve money (in other words, the pay back was in that sense a charade: federal money paid back federal loans). In short, the Administration was complicit in the orchestration of a massive fraud on the American public, making it seem that the banks largely responsible for the financial crisis were weathering the storm of their own accord when in fact they were on board the good ship U.S. Taxpayer.

Meanwhile, the bad lending and financial dealing practices that helped produce the financial crisis have been largely kept in place, underwritten by the federal government. The top banks suddenly realized that far from having to suffer ignominy and defeat for their abuses, they would be kept alive by a seemingly endless flow of federal cash. Indeed, the feds accepted as collateral for loans securities of virtually no worth and other properties that would never support private commercial lending. By propping up the major banks despite their irresponsible lending practices, the federal government has given them a privileged financial status whereby private lenders will give them terms far more favorable than their smaller competitors because they understand the federal government will not let them fail. Economist call this safety net a “moral hazard” (effective federal underwriting for heightened risk taking that permits these lenders to profit at above market rates of return in speculative investing without suffering financial liability for loss). The amounts doled out by the federal government to the banks could have paid off as much as one tenth of all of the delinquent mortgages, Bloomberg determined.

 

Rather than be forced to take their losses on their enormous junk portfolios and interbank lending practices, the top six banks were allowed to keep the junk portfolios, maintain their dubious lending practices, and turn to the Federal Reserve for money on demand whenever problems arose. Repeatedly when the banks should have gone under due to poor lending practices and grossly speculative profiteering, they were complimented by the Federal Reserve, rescued, and then allowed to tout the falsehood that their success came from sharp management rather than from secret loans. At the same time, these banks and others have shut down commercial lending for small businesses nationwide.

The “too big to fail” justification for the massive federal welfare dole to the top six United States banks was based on a faulty premise. Without question the demise of the leading banks would entail hardship, particularly for the employees of those institutions, but the long term prognosis was good for a restructuring of the financial market through bankruptcies and takeovers. The alternative to allowing the market to impose its own swift and harsh corrective involves imposing a massive burden on every American citizen for generations to come for the trillions spent to prop up a few dozen Wall Street moguls. Rather than have the taxpayers pay an inflated sum to keep the banks responsible for the financial crisis alive, the nation could have spared itself an assumption of massive debt and witnessed the demise of these banks and the rise of new competing financial institutions based on a solid financial model.

The Bush and Obama Administration’s role as Santa Claus for Wall Street has kept from Wall Street the needed lessons that would have otherwise come from the collapse of the major lending institutions. Painful as it may seem to some, it is far better to allow the market to experience a correction for profligate lending practices than to force the American taxpayers for generations to come to pay for the bad decisions made by a few and to let those few go without suffering a single consequence beyond temporary embarrassment.

In the two years since leaving the White House, former President Barack Obama has spent his time raising and solidifying his position in the uppermost echelons of the top one percent of Americans. Obama has raked in exorbitant amounts of money for public speaking events and made deals worth millions with multiple companies.

Despite his quip, made during the depths of the Great Recession, that “at a certain point you’ve made enough money,” there seems to be no such limit for the Obamas. His family has amassed so much wealth that even Obama himself said he was surprised in a speech in South Africa last year.

Since he left office, the former president has given an estimated 50 speeches a year to corporate audiences for hundreds of thousands of dollars per event. In 2017, the same year he left office, Obama was officially recognized as one of the top ten highest paid public speakers in the US.

Just last month, Obama was reported to have been paid nearly $600,000 to speak at the EXMA conference in Bogotá, Colombia. According to the Bogotá Post, EXMA is Colombia’s largest marketing and business event of the year and one of the largest in Latin America. Simply titled, “A conversation with President Barack Obama,” his talk purportedly addressed “influential growth strategies” in marketing and other aspects of the marketing economy.

Colombia is infamous for the corruption prevalent in its public sector and military, 

which costs the country $17 billion a year, equivalent to 5.3 percent of its GDP. 

Colombia exports half of the world’s cocaine and its drug cartels have been known

to have a hand in the government. Corruption and drug money are so rampant that

Colombia’s Inspector General likened it to “the new cartel.”

While Obama warns of the danger of “exploding inequality” in his speeches, the massive sum granted to him for one night in Bogotá is more than 10 times what the typical household in the US makes in a year, and 72 times the average worker’s annual income in Colombia.

Notably, Obama’s purse was nearly triple the amount Hillary Clinton was paid for her notorious speeches to Goldman Sachs that revealed her and the Democratic Party as Wall Street stooges. Former President Bill Clinton was paid just $200,000 per speech when he toured Latin America in 2005.

A key factor in Obama’s newfound and growing wealth are those who profited from his presidency. A number of his public speeches have been given to big Wall Street firms and investors. Obama has given at least nine speeches to Cantor Fitzgerald, a large investment and commercial real estate firm, and other high-end corporations. According to records, each speech has been at least $400,000 a clip.

During his presidency, Obama bragged that his administration was “the only thing 

between [Wall Street] and the pitchforks.”

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.

Under Obama’s watch the stock markets soared as the Dow Jones Industrial Average increased by 149 percent. Meanwhile, the “war on terror” in the Middle East was expanded with Obama becoming the first president to spend every day of his two terms at war, much to the delight of the military-industrial complex.

As the wars raged on and the financial oligarchs fattened themselves off the ever-increasing mountain of wealth being concentrated at the top of society, real wages stagnated and an unprecedented opioid overdose crisis spun out of control. Rising numbers of “deaths of despair” during Obama’s tenure, particularly among the working class, resulted in a decline in life expectancy unprecedented in the modern era.

In addition to monetary rewards for his service to the financial elite and military-intelligence apparatus, Obama has been lavishly feted by socialites and billionaires such as Richard Branson. Obama was Branson’s special guest in 2017 on a private island where the pair were seen kite surfing and enjoying the amenities of Branson’s exclusive resort.

Michelle Obama has also benefited after the family’s departure from the White House. The couple signed a $65 million book deal with publishing company Penguin Random House for their political memoirs. Michelle’s memoir “Becoming” was the best-selling book of 2018 with over 10 million copies sold. The pair also signed multi-year deals with Netflix and Spotify to produce content aimed at “fostering dialogue” and promoting diversity in entertainment.

Obama’s lucrative post-White House career hobnobbing with the corporate, entertainment and financial elite epitomizes the revolving door relationship between the US government and the private sector. Obama’s rewards are simply retroactive bribery for services rendered to the capitalist elite, who have welcomed him with open arms.

In the two years since leaving the White House, former President Barack Obama has spent his time raising and solidifying his position in the uppermost echelons of the top one percent of Americans. Obama has raked in exorbitant amounts of money for public speaking events and made deals worth millions with multiple companies.

Despite his quip, made during the depths of the Great Recession, that “at a certain point you’ve made enough money,” there seems to be no such limit for the Obamas. His family has amassed so much wealth that even Obama himself said he was surprised in a speech in South Africa last year.

Since he left office, the former president has given an estimated 50 speeches a year to corporate audiences for hundreds of thousands of dollars per event. In 2017, the same year he left office, Obama was officially recognized as one of the top ten highest paid public speakers in the US.

Just last month, Obama was reported to have been paid nearly $600,000 to speak at the EXMA conference in Bogotá, Colombia. According to the Bogotá Post, EXMA is Colombia’s largest marketing and business event of the year and one of the largest in Latin America. Simply titled, “A conversation with President Barack Obama,” his talk purportedly addressed “influential growth strategies” in marketing and other aspects of the marketing economy.

Colombia is infamous for the corruption prevalent in its public sector and military, 

which costs the country $17 billion a year, equivalent to 5.3 percent of its GDP. 

Colombia exports half of the world’s cocaine and its drug cartels have been known

to have a hand in the government. Corruption and drug money are so rampant that

Colombia’s Inspector General likened it to “the new cartel.”

While Obama warns of the danger of “exploding inequality” in his speeches, the massive sum granted to him for one night in Bogotá is more than 10 times what the typical household in the US makes in a year, and 72 times the average worker’s annual income in Colombia.

Notably, Obama’s purse was nearly triple the amount Hillary Clinton was paid for her notorious speeches to Goldman Sachs that revealed her and the Democratic Party as Wall Street stooges. Former President Bill Clinton was paid just $200,000 per speech when he toured Latin America in 2005.

A key factor in Obama’s newfound and growing wealth are those who profited from his presidency. A number of his public speeches have been given to big Wall Street firms and investors. Obama has given at least nine speeches to Cantor Fitzgerald, a large investment and commercial real estate firm, and other high-end corporations. According to records, each speech has been at least $400,000 a clip.

During his presidency, Obama bragged that his administration was “the only thing 

between [Wall Street] and the pitchforks.”

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.

Under Obama’s watch the stock markets soared as the Dow Jones Industrial Average increased by 149 percent. Meanwhile, the “war on terror” in the Middle East was expanded with Obama becoming the first president to spend every day of his two terms at war, much to the delight of the military-industrial complex.

As the wars raged on and the financial oligarchs fattened themselves off the ever-increasing mountain of wealth being concentrated at the top of society, real wages stagnated and an unprecedented opioid overdose crisis spun out of control. Rising numbers of “deaths of despair” during Obama’s tenure, particularly among the working class, resulted in a decline in life expectancy unprecedented in the modern era.

In addition to monetary rewards for his service to the financial elite and military-intelligence apparatus, Obama has been lavishly feted by socialites and billionaires such as Richard Branson. Obama was Branson’s special guest in 2017 on a private island where the pair were seen kite surfing and enjoying the amenities of Branson’s exclusive resort.

Michelle Obama has also benefited after the family’s departure from the White House. The couple signed a $65 million book deal with publishing company Penguin Random House for their political memoirs. Michelle’s memoir “Becoming” was the best-selling book of 2018 with over 10 million copies sold. The pair also signed multi-year deals with Netflix and Spotify to produce content aimed at “fostering dialogue” and promoting diversity in entertainment.

Obama’s lucrative post-White House career hobnobbing with the corporate, entertainment and financial elite epitomizes the revolving door relationship between the US government and the private sector. Obama’s rewards are simply retroactive bribery for services rendered to the capitalist elite, who have welcomed him with open arms.

 

They Destroyed Our Country

“They knew Obama was an unqualified crook; yet they promoted him. They knew Obama was a train wreck waiting to happen; yet they made him president, to the great injury of America and the world. They understood he was only a figurehead, an egomaniac, and a liar; yet they made him king, doing great harm to our republic (perhaps irreparable.)”

http://mexicanoccupation.blogspot.com/2013/06/the-democrat-party-party-for-illegals.html

CHICAGO HUCKSTER or simply a PSYCHOPATH?

THE RISE TO POWER OF BANKSTER-OWNED BARACK OBAMA

'Incompetent' and 'liar' among most frequently used words to describe the president: Pew Research Center

http://mexicanoccupation.blogspot.com/2013/06/pew-american-people-legals-see-obama-as.html

The larger fear is that Obama might be just another corporatist, punking voters much as the Republicans do when they claim to be all for the common guy.

CRONY CAPITALISM ...the rise of Barack Obama and the fall of America!

OBAMA'S ASSAULT ON AMERICA -WHY WALL STREET, ILLEGALS, CRIMINAL BANKSTERS and the 1% LOVE HIM, AND THE MIDDLE CLASS GETS THE SHAFT TO PAY FOR HIS CRONY CAPITALISM

http://mexicanoccupation.blogspot.com/2013/07/obamas-looting-of-america-crony.html

CEO pay is higher than ever, as is the chasm separating the rich and super-rich from everyone else. The incomes of the top 1 percent grew more than 11 percent between 2009 and 2011—the first two years of the Obama “recovery”—while the incomes of the bottom 99 percent actually shrank.

Meanwhile, Obama is pressing forward with his proposal, outlined in his budget for the next fiscal year, to slash $400 billion from Medicare and $130 billion from Social Security… AS WELL AS WIDER OPEN BORDERS, NO E-VERIFY, NO LEGAL NEED APPLY TO KEEP WAGES DEPRESSED

OBAMA AND BIDEN: SERVANT OF THE 1% 

Richest one percent controls nearly half of global wealth 

The richest one percent of the world’s population now controls 48.2 percent of global wealth, up from 46 percent last year.

 

http://mexicanoccupation.blogspot.com/2014/10/how-barack-obama-and-his-crony.html

 

The report found that the growth of global inequality has accelerated sharply since the 2008 financial crisis, as the values of financial assets have soared while wages have stagnated and declined.

 

Wealth concentration increases in US.

https://mexicanoccupation.blogspot.com/2019/02/staggering-concentration-of-wealth-in.html

 

The latest research on wealth inequality by University of California economics professor Gabriel Zucman underscores one of the key social and economic trends since the global financial crisis of 2008. Those at the very top of society, who benefited directly from the orgy of speculation that led to the crash, have seen their wealth accumulate at an even faster rate, while the mass of the population has suffered a major decline.

The past 40 years have seen the consolidation of a plutocratic elite, which has subordinated every aspect of American society to a single goal: amassing ever more colossal amounts of personal wealth. The top one percent have captured all of the increase in national income over the past two decades, and all of the increase in national wealth since the 2008 crash.

 

Joe Biden Fundraises with Wall Street During Donald Trump Rally

 

https://www.breitbart.com/politics/2019/06/18/joe-biden-fundraises-with-wall-street-during-donald-trump-rally/

Scott Olson/Getty Images

CHARLIE SPIERING

  18 Jun 201984

Former Vice President Joe Biden attended a fundraiser with Wall Street donors during President Donald Trump’s campaign kickoff rally in Florida on Tuesday.

It was the fourth New York City fundraiser for Joe Biden in about 24 hours.

The fundraiser was hosted by Eric Mindich, the CEO of Eton Park Capital Management with about 100 donors including Stephen Scherr, the executive vice president and chief financial officer of Goldman Sachs, H. Rodgin Cohen the senior chairman at Sullivan & Cromwell as well as former Clinton and Obama officials

Biden defended the wealthy in his speech to the donors but begged them to be aware of wealth inequality.

“You know what I’ve found is rich people are just as patriotic as poor people,” he said. “Not a joke. I mean, we may not want to demonize anybody who has made money. The truth of the matter is, you all, you all know, you all know in your gut what has to be done.”

Biden warned that if Trump won re-election, he would “literally fundamentally change the nature of who we are and how we function.”

Biden boasted that Obama leaned on him to help bring members of Congress together during their administration.

“Folks, I believe one of the things I’m pretty good at is bringing people together,” he said. “Every time we had trouble in the administration, who got sent to the Hill to settle it? Me. No, not a joke. Because I demonstrate respect for them.”

 

Despite a booming economy, many U.S. households are still just holding on

https://mexicanoccupation.blogspot.com/2019/05/the-recovery-that-never-happened-except.html

"One of the premier institutions of big business, JP Morgan Chase, issued an internal report on the eve of the 10th anniversary of the 2008 crash, which warned that another “great liquidity crisis” was possible, and that a government bailout on the scale of that effected by Bush and Obama will produce social unrest, “in light of the potential impact of central bank actions in driving inequality between asset owners and labor."  

“Our entire crony capitalist system, Democrat and Republican alike, has become a kleptocracy approaching par with third-world hell-holes.  This is the way a great country is raided by its elite.” ---- Karen McQuillan  THEAMERICAN THINKER.com

 

“Behind the ostensible government sits enthroned an invisible government owing no allegiance and acknowledging no responsibility to the people. To destroy this invisible government, to befoul the unholy alliance between corrupt business and corrupt politics is the first task of the statesmanship of today.” THEODORE ROOSEVELT

 


Jim Carrey: America ‘Doomed’ If We Don’t Regulate Capitalism"


The American phenomenon of record stock values fueling an ever greater concentration of wealth at the very top of society, while the economy is starved of productive investment, the social infrastructure crumbles, and working class living standards are driven down by entrenched unemployment, wage-cutting and government austerity policies, is part of a broader global process."


Obama's Wall Street cabinet

 

6 April 2009

A series of articles published over the weekend, based on financial disclosure reports released by the Obama administration last Friday concerning top White House officials, documents the extent to which the administration, in both its personnel and policies, is a political instrument of Wall Street.

Policies that are extraordinarily favorable to the financial elite that were put in place over the past month by the Obama administration have fed a surge in share values on Wall Street. These include the scheme to use hundreds of billions of dollars in public funds to pay hedge funds to buy up the banks’ toxic assets at inflated prices, the Auto Task Force’s rejection of the recovery plans of Chrysler and General Motors and its demand for even more brutal layoffs, wage cuts and attacks on workers’ health benefits and pensions, and the decision by the Financial Accounting Standards Board (FASB) to weaken “mark-to-market” accounting rules and permit banks to inflate the value of their toxic assets.

At the same time, Obama has campaigned against restrictions on bonuses paid to executives at insurance giant American International Group (AIG) and other bailed-out firms, and repeatedly assured Wall Street that he will slash social spending, including Medicare, Medicaid and Social Security.

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.

The case of Lawrence Summers, director of the National Economic Council and Obama’s top economic adviser, highlights the politically incestuous character of relations between the Obama administration and the American financial elite.

Last year, Summers pocketed $5 million as a managing director of D.E. Shaw, one of the biggest hedge funds in the world, and another $2.7 million for speeches delivered to Wall Street firms that have received government bailout money. This includes $45,000 from Citigroup and $67,500 each from JPMorgan Chase and the now-liquidated Lehman Brothers.

For a speech to Goldman Sachs executives, Summers walked away with $135,000. This is substantially more than double the earnings for an entire year of high-seniority auto workers, who have been pilloried by the Obama administration and the media for their supposedly exorbitant and “unsustainable” wages.

Alluding diplomatically to the flagrant conflict of interest revealed by these disclosures, the New York Times noted on Saturday: “Mr. Summers, the director of the National Economic Council, wields important influence over Mr. Obama’s policy decisions for the troubled financial industry, including firms from which he recently received payments.”

Summers was a leading advocate of banking deregulation. As treasury secretary in the second Clinton administration, he oversaw the lifting of basic financial regulations dating from the 1930s. The Times article notes that among his current responsibilities is deciding “whether—and how—to tighten regulation of hedge funds.”

Summers is not an exception. 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.

Michael Froman, deputy national security adviser for international economic affairs, worked for Citigroup and received more than $7.4 million from the bank from January of 2008 until he entered the Obama administration this year. This included a $2.25 million year-end bonus handed him this past January, within weeks of his joining the Obama administration.

Citigroup has thus far been the beneficiary of $45 billion in cash and over $300 billion in government guarantees of its bad debts.

David Axelrod, the Obama campaign’s top strategist and now senior adviser to the president, was paid $1.55 million last year from two consulting firms he controls. He has agreed to buyouts that will garner him another $3 million over the next five years. His disclosure claims personal assets of between $7 and $10 million.

Obama’s deputy national security adviser, Thomas E. Donilon, was paid $3.9 million by a Washington law firm whose major clients include Citigroup, Goldman Sachs and the private equity firm Apollo Management.

Louis Caldera, director of the White House Military Office, made $227,155 last year from IndyMac Bancorp, the California bank that heavily promoted subprime mortgages. It collapsed last summer and was placed under federal receivership.

The presence of multi-millionaire Wall Street insiders extends to second- and third-tier positions in the Obama administration as well. David Stevens, who has been tapped by Obama to head the Federal Housing Administration, is the president and chief operating officer of Long and Foster Cos., a real estate brokerage firm. From 1999 to 2005, Stevens served as a top executive for Freddie Mac, the federally-backed mortgage lending giant that was bailed out and seized by federal regulators in September.

Neal Wolin, Obama’s selection for deputy counsel to the president for economic policy, is a top executive at the insurance giant Hartford Financial Services, where his salary was $4.5 million.

Obama’s Auto Task Force has as its top advisers two investment bankers with a long resume in corporate downsizing and asset-stripping.

It is not new for leading figures from finance to be named to high posts in a US administration. However, there has traditionally been an effort to demonstrate a degree of independence from Wall Street in the selection of cabinet officials and high-ranking presidential aides, often through the appointment of figures from academia or the public sector. In previous decades, moreover, representatives of the corporate elite were more likely to come from industry than from finance.

In the Obama administration such considerations have largely been abandoned.

This will not come as a surprise to those who critically followed Obama’s election campaign. While he postured before the electorate as a critic of the war in Iraq and a quasi-populist force for “change,” he was from the first heavily dependent on the financial and political backing of powerful financiers in Chicago. Banks, hedge funds and other financial firms lavishly backed his presidential bid, giving him considerably more than they gave to his Republican opponent, Senator John McCain.

Friday’s financial disclosures further expose the bankruptcy of American democracy. Elections have no real effect on government policy, which is determined by the interests of the financial aristocracy that dominates both political parties. The working class can fight for its own interests—for jobs, decent living standards, health care, education, housing and an end to war.

 

 

“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).”

 

THE GLOBALIST LEGACY OF A SOCIOPATH

Obama warns against “cynicism” at Ohio State commencement address

7 May 2013

At a commencement address on Sunday at Ohio State University, President Barack Obama counseled students not to be “cynical” about government and politics.

There was an almost comically absurd element to Obama’s remarks, delivered with his characteristic demagogy and attempted gestures at profundity. In his first four years in office, along with the first months of his second term, Obama proceeded to systematically repudiate every campaign pledge and to deflate every illusion that, with the assistance of a highly coordinated marketing campaign, led millions of people, including a large number of young people, to vote for him in 2008.

The Obama administration handed trillions of dollars to the banks; has overseen a massive attack on public education; is leading the campaign to slash Social Security and Medicare, the core federal retirement and health care programs; expanded the war in Afghanistan, led a war against Libya, and is preparing a new war in Syria; and has asserted the right to kill anyone, anywhere, including US citizens, without due process.

After this record of service to the corporate elite, he declares: “When we turn away and get discouraged and cynical… we grant our silent consent to someone who will gladly claim it. That’s how we end up with lobbyists who set the agenda; and policies detached from what middle class families face every day; the well-connected who publicly demand that Washington stay out of their business—and then whisper in government’s ear for special treatment that you don’t get.”

The references to the “whispers” of the wealthy and well-connected is particularly rich, coming only a week after Obama nominated Penny Pritzker for commerce secretary. The selection of Pritzker—a longtime Obama confidant, billionaire heiress and owner of a private equity company—only underscores the fact that the administration is a government of, by and for the financial aristocracy. She will be the wealthiest person ever to serve in a presidential cabinet.

Previous to his appointment of Pritzker, Obama appointed Mary Jo White to head the Securities and Exchange Commission (SEC), one of the main financial regulators. White made millions of dollars as an attorney for banks responsible for the financial crisis, including Bank of America and JPMorgan Chase, whose CEO, Jamie Dimon, called White the “perfect choice” to head the SEC.

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.

As a whole, Obama’s speech was characterized by a complete separation from the actual conditions facing the graduates he spoke to, who confront joblessness, falling wages, and a lifetime in debt. “You have every reason to believe that your future is bright,” he told his audience. “You’re graduating into an economy and a job market that is steadily healing.”

He added later, “The trajectory of this great nation should give you hope.” Really? This is under conditions in which over 11 percent of college graduates are unemployed a year after getting out of school, and another 16.1 percent simply drop out of the labor force, according to the Bureau of Labor Statistics. Most of those who do find a job are paid barely enough to get by, let alone pay off student loans. Wages for young adults are falling faster than any other part of the population, and are down by 6 percent in the past four years.

Most of the students that Obama addressed Sunday will be so burdened with debt that they will delay or have to completely put off starting a family or buying a home.

It is not surprising that Obama should neglect to dwell on this disastrous situation, because his administration bears responsibility for it. In the government-sponsored restructuring of the auto industry, the White House insisted that the wages of new-hires be slashed in half, setting the stage for vast reduction of wages throughout the economy.

Obama sought to paint opposition to the government’s violation of democratic rights as right-wing hysterics. “Unfortunately, you’ve grown up hearing voices that incessantly warn of government as nothing more than some separate, sinister entity,” Obama said. “They’ll warn that tyranny is always lurking just around the corner. You should reject these voices.”

This comes from a president who has personally overseen the illegal assassination of thousands of people, including at least three American citizens, in weekly “Terror Tuesday” meetings. The assertions of executive power have been systematically expanded, going beyond those claimed even by the Bush administration. The specter of a police state—the response of the ruling class to growing social opposition—is in fact lurking around the corner.

The moribund state of American politics, of which the Obama administration is a principal expression, is, according to the president, the fault of the American people. “Democracy doesn’t function without your active participation,” he admonished. If politicians “don’t represent you the way you want… you’ve got to let them know that’s not okay. And if they let you down, there’s a built-in day in November where you can really let them know that’s not okay.”

Such limp efforts to encourage illusions in the viability of the “democratic process” in the United States will not go very far. The experience of the past four years has not passed in vain. Millions of people, including many of those in the audience at Ohio State, are drawing the quite justified, if “cynical,” conclusion that the entire political and economic system is rotten to the core.

Mounting evidence of international collusion in Libor rigging - THE RAPE OF THE ECONOMY BY THE BANKSTERS

 

 

OBAMA’S CRONY BANKSTERS:

 

STILL SUCKING THE BLOOD OUT OF AMERICA

 

http://mexicanoccupation.blogspot.com/2014/01/fifty-years-since-johnsons-declaration.html

 

This manufactured crisis has, in turn, been exploited by the Obama administration and both big business parties to hand over trillions in pension funds and other public assets to the financial kleptocracy that rules America.

 “Our entire crony capitalist system, Democrat and Republican alike, has become a kleptocracy approaching par with third-world hell-holes.  This is the way a great country is raided by its elite.” ---- Karen McQuillan  THEAMERICAN THINKER.com

 

BANKSTER SOCIALISM

 

Dimon’s bank received tens of billions of dollars in government bailouts and many billions more from the Obama administration’s ultra-low interest rate and “quantitative easing” money-printing policies.  He told his shareholders that “socialism inevitably produces stagnation, corruption” and “authoritarian government,” and would be “a disaster for our country.”… UNLESS IT IS SOCIALISM FOR BANKSTERS AND WALL STREET!

 

"This paved the way for the elevation of Trump, the personification of the criminality and backwardness of the ruling oligarchy."

 

BLOG: THE DEMOCRAT PARTY OF CRONY CAPITALISM IS THE PARTY OF BANKSTERS AND BOTTOMLESS BANKSTER BAILOUTS... AND NO PRISON TIME! 

Former adviser to President Obama and investor Robert Wolf told Politico that the financial industry has changed over the last few decades and that Wall Street-types are vastly more aligned with the Democrat establishment than Trump’s GOP.

“I don’t think the stereotypes of the industry serve the same purpose as they used to,” Wolf said. “People who work in corporate America and financial services may have the same views that she does on 95 percent of the issues such as income inequality, student loans, climate change, and others.”

Wall Street and Warren have at least one major policy initiative in common: A full repeal of Trump’s illegal and legal immigration reforms.

This month, Warren released her immigration platform that includes increasing overall legal immigration to the U.S. to provide business with an even greater flow of foreign workers to hire over Americans, as well as a decriminalization of illegal immigration, an amnesty for all illegal aliens in the country, and an end of Trump’s reforms such as his immigration ban from terrorist-sponsored countries and reduction of the refugee resettlement program.

Like Warren, Wall Street executives have railed against Trump’s immigration agenda — demanding that his zero-tolerance policy at the U.S.-Mexico border be ended and opposing his travel ban.

JPMorgan Chase CEO Jamie Dimon has supported amnesty for illegal aliens since at least 2016 when he announced support for the infamous “Gang of Eight” amnesty, saying, “Let them stay and let them build companies.”

Last month, Dimon said amnesty for illegal aliens was necessary to grow the economy, saying, “If we do these policies right, America will be growing a lot faster.”

Some of the top multinational banks — JPMorgan Chase, Citigroup, Goldman Sachs, and Morgan Stanley — have come out against Trump’s travel ban that effectively stopped all immigration from a handful of foreign countries that sponsor terrorism.

“This is not a policy we support, and I would note that it has already been challenged in federal court, and some of the order has been enjoined at least temporarily,” former Goldman Sachs CEO Lloyd Blankfein wrote in a letter at the time. “Let me close by quoting from our business principles: ‘For us to be successful, our men and women must reflect the diversity of the communities and cultures in which we operate … Being diverse is not optional; it is what we must be.'”

Meanwhile, Citigroup has promoted mass immigration as a necessary component to growing the American economy in terms of increasing GDP. A report released by executives last year championed migration into the U.S., the United Kingdom, and Germany.

For decades, the big business lobby, Wall Street, and donor class have said mass immigration is crucial to growing GDP in the U.S. though research has shown that increasing legal immigration levels to an enormous ten million admissions a year would only grow GDP by about 2.5 percent. Meanwhile, Trump’s low-migration, high-wage economy has translated to 3.2 percent annual economic growth.

John Binder is a reporter for Breitbart News. Follow him on Twitter at @JxhnBinder

 

 

 

 

 

 

 


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