Make no mistake: Republicans are NO BETTER, and are just as bad... if not worse - at masking and covering up titanic FRAUD in America's critical financial markets as "Democrats" are...
but when "Democrat" Congressman Gregory Meeks (D-NY), says that Fannie Mae and Freddie Mac DO NOT NEED a massive, criminal accounting overhaul and top-to-bottom audit - the equivalent of giving "someone heart surgery when they don't need it" - in Congressman Meeks words...
...and when "Democrat" Congressman Lacy Clay (D-Missouri) takes Congressman Clay's criticism UP a notch, saying that any attempt to AUDIT Fannie & Freddie is "about the POLITICAL LYNCHING of Franklin Rains" - then democracy has come to its nadir, Black Congressmen Meeks and Rains are REPRESENTING FRAUDULENT, INCOMPETENT, criminally complicit or corrupt EXECUTIVES, and the BANKERS they deal with (Goddamn-Sachs, JP Morgan-Chase, Citi-bank, BoA, etc.) AT THE EXPENSE of their minority (working-class Black, Latino, and other exploited groups) voters and constituents.
Sadly, we must report that even the feisty Congresswoman Maxine Water (D-NY) - who is in trouble with the "Democrat" Neo-Con "leadership" for demanding that SOME portion of the BILLIONS of "bailouts" dollars that Pelosi & Obama dished out to criminally fraudulent banks be delivered to her local community bank - is "IN" on this CRIMINAL FRAUD WHITEWASH of Fannie, Freddie, and the FRAUDULENT MORTGAGES that Fannie & Freddie "purchased" from criminally fraudulent banks and "mortgage originators."
Congresswoman Waters is JUST AS MUCH a REPRESENTATIVE of the Goddamn-Sachs economy killing financial mega-fraudsters banking cartel, as Dianne Feinstein, Rahm Emanuel, Chuck Shumer, Hillary Clinton, Barack Obama, Tim Giethner, Robert Rubin, Lawrence Summers, and Ben Bernanke are.
FOR SHAME, epresentatives!
These minority "Democrats" are AS BAD AS BARACK OBAMA, who has dished out TWENTY TRILLION DOLLARS to the thieving Goddamn-Sachs/JPM banksters in just 2 years flat, even as he mounts his White House bully pulpit to deliver Right-Wing REPUBLICAN talking points, accusing FORECLOSURE FRAUD VICTIMS of being "UNDESERVING" of mortgage relief!
Sunday, October 31, 2010
Friday, October 29, 2010
Obama Gets ALL the BLAME for America's ECONOMIC MELTDOWN... as a result of HIS OWN INSIDIOUS White House Neo-Cons !
President Barack Obama is not a very wise or intelligent man: He is a victim of his own arrogance and conceit -
...he REFUSES to EXAMINE the economic data that surrounds him (the TITANIC ECONOMIC COLLAPSE that ENGULFS America) objectively, because IF he did want a genuine and UNBIASED ACCOUNTING for America's economic crisis, he would DEMAND of his Treasury Department, Wall Street, and the Fed Reserve Bank a COMPLETE ACCOUNTING for every dime of the "BAILOUTS" that his Emanuel, Summers, Geithner, Bernanke, Gensler (et al, ad naseum - Robert Rubin minions and toadies all) "Financial Geniuses" have DISHED OUT to the Big Banks - an amount now well over $20 trillion - TWENTY TRILLION of taxpayer extorted "Bailouts" that IDIOT Obama is, at best, completely UNWARES of (or, at worst, COMPLICIT in the titanic DEFRAUDING of American taxpayers to the benefit of wealthy, fraudulent, criminal bankers).
There is a SIMPLE REASON that President Obama Gets _ALL the BLAME_ for America's ECONOMIC MELTDOWN... HIS OWN INSIDIOUS White House Rubinite Neo-Con "economic team" is MAKING NO EFFORT to disclose all that TITANIC FRAUD, they are HAPPY to let their Neo-Con comrades at the New York Times, Washington Post, Wall Street Journal, Fox 'news,' Weakley Standard, and other Neo-Con outlets PAINT the "Democrats" WITH THE BLAME for TWO DECADES of financial "DEREGULATION" now leading to this "TOO BIG to fail" "BAILOUTS" EXTORTION INSANITY !!!!!!
Indeed, Obama has GIVEN, AT TAXPAYER and American workers' expense, MORE TRILLIONS of taxpayer extorted dollars to the fraudulent, predatory, economy-killing bankers, in just TWO YEARS of "bailouts," than Bush, Cheney, Paulson, John Snow, and Alan Greenspan could STEAL from the American economy in eight long years of economic sabotage....
Polls show Republicans don’t believe that bankers and their frauds played any role in the economic meltdown, Obama responsible for most of it (ht mk)
There is a SIMPLE REASON that President Obama Gets _ALL the BLAME_ for America's ECONOMIC MELTDOWN... HIS OWN INSIDIOUS White House Rubinite Neo-Con "economic team" is MAKING NO EFFORT to disclose all that TITANIC FRAUD, they are HAPPY to let their Neo-Con comrades at the New York Times, Washington Post, Wall Street Journal, Fox 'news,' Weakley Standard, and other Neo-Con outlets PAINT the "Democrats" WITH THE BLAME for TWO DECADES of financial "DEREGULATION" now leading to this "TOO BIG to fail" "BAILOUTS" EXTORTION INSANITY !!!!!!
Indeed, Obama has GIVEN, AT TAXPAYER and American workers' expense, MORE TRILLIONS of taxpayer extorted dollars to the fraudulent, predatory, economy-killing bankers, in just TWO YEARS of "bailouts," than Bush, Cheney, Paulson, John Snow, and Alan Greenspan could STEAL from the American economy in eight long years of economic sabotage....
Tuesday, October 26, 2010
Former RTC S&L Regulator William K. Black: "FIRE Holder, FIRE Geithner, FIRE Bernanke" - for COMPLICITY in "MASSIVE FRAUD" in US mortgages and foreclosure crisis cover-ups....
"FIRE HOLDER, FIRE GEITHNER, FIRE BERNANKE, GET PEOPLE IN who will SUPPORT THE RULE OF LAW" - Prof. William K. Black, former lead investigator of the Savings & Loan clean-up RTC crew, on the Obama administration's CRIMINAL COMPLICITY with TITANIC FRAUD in U.S. financial markets & especially "mortgage backed securities. "
Mr. Black's comments towards the very end (about 9:15 in video) of this 3 person Dylan Ratigan show discussion, in response to Dylan asking -
Mr. Black's comments towards the very end (about 9:15 in video) of this 3 person Dylan Ratigan show discussion, in response to Dylan asking -
"[What about] all the TAXPAYERS who are being asked to SUPPORT this CORRUPT and FRAUDULENT banking system through Fannie Mae, Freddie Mac, the Federal Reserve, and DIRECT EXPENDITURES authorized by our own Congress..."Prof. Black responds:
[see our below graphic $1.6 trillion taxpayer extorted "bailo;uts" dollars in the MORTGAGE CRISIS, ALONE]
"...what can we do to amplify demand to see what percentage of the papter that was given to the gut of American taxpayers by George Bush, Hank Paulson, and then perpetuated by Barack Obama and Tim Geithner, what percentage of [those loans were] indeed FRAUDULENT, and why don't we know it two years later?"
- "That's exactly what we've been calling for... WHY DIDN'T WE KNOW [this] at least 5 years ago, when most of it was done?" [because the Greenspan - Bernanke - Giethner Fed was IN BED with the big NY & Wall St. bankers]
- "Bernanke has just announced 'They're going to do an intensive review of the assets they accepted as collateral.' So you wait a year-and-a-half, and THEN you look at your collateral? Now what would happen if you were the most Junior VP, at a small Savings & Loan, if that's what your approach to business would be? This [Fed Reserve Chairman Ben Bernanke] is supposed to be the most sophisticated guy in the world."
- "We have the ability, because of Fannie, and Freddie, the Federal home loan banks, and the Federal Reserve taking all this 'money' in collateral, to do a superb sampling job, to tell us exactly what happened in mortgages....
- ...it can NOT BE DONE BY THE FED, because it's in a complete CONFLICT of INTEREST.
- the Fed CAN NOT ADMIT that IT TOOK OVER A BILLION-and-a-half dollars in TOXIC GARBAGE, and did not recognize the losses on it... [this was a de facto GIFT -extorted from taxpayers - by Greenspan, Bernanke, and Geithner to their buddies at the Big Banks on Wall St.]
- ...so it [Bernanke & Giethner's Fed] has LED THE COVER UP.
- "IT's THE FED, THROUGH BERNANKE, DELIBERATELY, working with the Chamber of Commerce and the American Bankers Association, who got Congress to EXTORT the Financial Accounting Standards Board, to PERVERT the accounting rules, so they wouldn't have to recognize the losses. Because they DON'T have to recognize the losses, they [the bankers] REPORT FICTIONAL INCOME and MASSIVE BONUSES, and they gut the Prompt Corrective Action law."
- WE call for bringing in the FDIC, which is the best of the worst, and the GAO, to look...
- "...WHERE EVER WE LOOK, we FIND MASSIVE FRAUD.... and [we need to] LOOK NOW - Fannie & Freddie have started to look... AMBAC said that...
- .....97% of the loans that Countrywide sold [TO U.S. GOVERNMENT mortgage-buying agencies] were sold under FALSE REPS & WARRANTIES."
- "NO CONVICTIONS, Dylan, NO CONVICTIONS [of financial crimes by the Obama administration] versus over 1,000 in the Savings & Loan debacle [in the early and mid-1990s].
- FIRE Holder, FIRE Geithner, FIRE Bernanke, get people in who will enforce the rule of law."
- "Last week, for the very first time, a Nobel prize winner, Joe Stiglitz, said "THIS CRISIS IS ALL ABOUT FRAUD. Now Krugman still can't quite bring himself to use the 'F' word very often...
- "but emprically.... Lisa's analytics are correct in most places.. ... while Geithner's analytics ARE DISASTROUSLY WRONG in most places
- "Credit Suisse says that by 2006, 49% of ALL MORTGAGE ORIGINATIONS IN the United States were LIARS LOANS...
- "The lowest incidence of fraud when we study Liars Loans, is 50%, and that's when the fraudsters study themselves, when independent folks study it, it's in the 80% to 90% range."
- "That means THERE WERE MILLIONS OF ACTS OF FRAUD"
- "Those LOAN FRAUDS occur NOT because there is some clever person making $20,000 a year, who is able to deceive the banks, BUT BECAUSE THE BANKS created INCENTIVE STRUCTURES for the loan brokers to BRING THEM the ABSOLUTE WORST OF THE WORST loans, and to LIE on the application forms to hit the magic ratios on loan-to-value and things like that a homeowner wouldn't have even known which number to put in."
- "These FRAUDS CAME FROM THE BANKS, and they propagated through the system through a series of what we call 'ECHO EPIDEMICS'... in which they GOT APPRAISERS first to GIVE THEM GROSSLY INFLATED VALUES, and there are excellent numbers on that, to get outside auditors to give them CLEAN OPINIONS on LUDICROUS financial statements, EVERY SINGLE TIME they were able to get a clean opinion, and every single time, virtually, they were able to get a TRIPLE-A RATING out of the CREDIT RATING AGENCIES."
- "So this FRAUD did in fact SPREAD THROUGH THE SYSTEM."
- "And that's why we have a crisis in foreclosures now... this stems from the UNDERLYING FRAUD by the lenders in mortgage loans to the tune of more than, well over a million cases a year by 2005."
- "Virtually every time they were able to get a TRIPLE-A RATING [AAA]" - on SHEER GARBAGE, JUNK, FRAUDULENT, toxic, and criminal mortgage loan originations!
Saturday, October 23, 2010
Prof. Michael Hudson explains THE INSANITY of Americans: SOCIALIZING the CREDIT LOSSES of THE WEALTHY... while effectively PAYING for the CONTRACTION of American & world economies...
Professor Michael Hudson explains, in plain english, the EPIDEMIC STUPIDITY and contagious INSANITY of America: Americans are COMPLETELY PROPAGANDIZED by our wealthy elites (who OWN the press, media, corporations... AND the entire U.S. government) - and the United States, and other world governments, have made a conscious decision, TO BAIL OUT THE WEALTHY (for the BAD LOANS that THEY, in their greed, wrote to high-risk loan buyers) EVEN at the cost of ECONOMIC CONTRACTION of the REAL American economy:
Prof. Hudson demolishes the notion - SOLD by chronically LYING press/media talking heads and "economics" and "Financial" "experts" - to the GROSSLY IGNORANT American public: that the "BAILOUTS" will be PAID BACK by the financial sector, is SHEER STUPIDITY, and Orwellian (or Naziesque) LIE,
for the simple reason that IF the BAD LOANS, upside down mortgages, and TOXIC DEBT __COULD__ be made whole in the future, AT A PROFIT,
then PRIVATE 'investors' WOULD HAVE BEATEN the government to purchasing those bad debts and loans... which have been labelled "TOXIC" precisely because THEY ARE TOXIC - there is NO "profit" to EVER be made from these loans, EXCEPT that the wealthy (and their bankers) have USED the crisis, as an EXCUSE, to DIRECTLY EXTORT American consumers, taxpayers, and the United States treasury.
In short, Stupid Americans - and the INSANELY CORRUPT press, media, economics, and financial departments of EVERY major corporation AND University in America - are ALLOWING the United States government to PAY TRILLIONS of dollars TO THE WEALTHY...
TO CONTRACT the American economy.
We are PAYING the treasonously greedy, selfish, and anti-American debt lords, to WRECK our American economy!
Prof. Hudson demolishes the notion - SOLD by chronically LYING press/media talking heads and "economics" and "Financial" "experts" - to the GROSSLY IGNORANT American public: that the "BAILOUTS" will be PAID BACK by the financial sector, is SHEER STUPIDITY, and Orwellian (or Naziesque) LIE,
for the simple reason that IF the BAD LOANS, upside down mortgages, and TOXIC DEBT __COULD__ be made whole in the future, AT A PROFIT,
then PRIVATE 'investors' WOULD HAVE BEATEN the government to purchasing those bad debts and loans... which have been labelled "TOXIC" precisely because THEY ARE TOXIC - there is NO "profit" to EVER be made from these loans, EXCEPT that the wealthy (and their bankers) have USED the crisis, as an EXCUSE, to DIRECTLY EXTORT American consumers, taxpayers, and the United States treasury.
In short, Stupid Americans - and the INSANELY CORRUPT press, media, economics, and financial departments of EVERY major corporation AND University in America - are ALLOWING the United States government to PAY TRILLIONS of dollars TO THE WEALTHY...
TO CONTRACT the American economy.
We are PAYING the treasonously greedy, selfish, and anti-American debt lords, to WRECK our American economy!
Professor Michael Hudson: THE DEBTS __ARE__ going to be written off...
they've said there are EIGHT TRILLION DOLLARS worth of BAD REAL ESTATE DEBTS... IF the government had just let MARKET CONDITIONS take their place when Lehman Brothers went bankrupt in September [2008] , Lehman mortgages were trading on the market at 22-cents on the dollar.
Now at this point, buyers could have come in and bought the mortgages at 22-cents on the dollar, they could have renegotiated with homeowners and real estate owners and said, "OK, we're going to RENEGOTIATE your debts... at 24-cents or even 25-cents on the dollar, that would have given them a profit.... debts are GOING TO BE MARKED DOWN to the ABILITY TO PAY, or THEY WON'T be paid.
The reason is that... the governments have had a choice: they can either SAVE THE ECONOMY, OR save the CREDITORS who MADE THE BAD LOANS. That's what the governments are doing today... they're NOT saving the economy, THEY'RE SAVING THEIR CONSTITUENTS.
UNTIL the governments SAVE THE ECONOMY, and WRITE DOWN THE BAD DEBTS, there is NOT going to be a recovery.
They [they governments] ARE NOT acting in good faith.
What the governments have done, is TURN FROM a DEMOCRACY TO AN OLIGARCHY... and we're seeing AN OLIGARCHY, and in fact A KLEPTOCRACY here.
[Obama is NOT giving Americans the ECONOMIC "CHANGE" that Americans THOUGHT they were getting in 2008 - Obama has "He's BRINGING BACK the BUSH people and the CLINTON people...BROUGHT BACK THE SAME PEOPLE who gave us the RUSSIAN economic crisis... THE BIGGEST INEQUALITY and KLEPTOCRACY in modern times."]
...The FINANCE sector and the REAL ESTATE and the insurance sector[s] are NOT PART of the REAL ECONOMY of PRODUCTION and CONSUMPTION. The ASSET and WEALTH sector is DIFFERENT from the PRODUCTION sector. You can think of the Financial Sector as being WRAPPED AROUND the real economy. Almost like A PARASITE... that's why it's been called PARASITIC for so long. '
[This is especially true given the "FIAT MONEY" MONEY CREATION power of the 'Federal Reserve' VERY PRIVATE BANKING CARTEL.... which "creates" billions, upon TRILLIONS of "dollars" merely as journal entry in the member banks' balance sheets at the Fed... "money" which the Fed bankers "LEND" to the United States government, AT INTEREST! Those WITH ACCESS TO the "FREE" fiat money from the Fed, are EMPOWERED, like PARASITES or super-predators, to BUY UP the REAL, working, valuable assets in the economy. NO ONE can COMPETE on a level playing field, with those mega-bankers who have access to the BILIONS upon TRILLIONS of "free" FIAT DOLLARS floating around in the electronic registers of the mega-banks, which is why LEVERAGED BUY OUT funds like KKR and Goddamn-Sachs, can come up with BILLIONS of dollars to buy companies... which they often proceed to DISMANTLE, and usually proceed to LOOT the PENSION FUNDS of.]
Monday, October 18, 2010
Max Keiser Explains PENSION THEFT... by GOVERNMENTS IN COLLUSION with Corporate Finance...
Max Keiser explains PENSION LARCENY by world governments - INCLUDING ESPECIALLY the UNITED STATES government, United States Congress, and U.S. presidents, INCLUDING both the entire Republican Party, AND so-called "Liberal" "Democratic" Party & "Democratic" "leaders" Bill Clinton, Al Gore, John Kerry , Hillary Clinton, and the corporate world's latest Economic-larcenist-with-a-politician's-smile, Barack Obama:
Executive summary: Max explains that GOVERNMENTS and corporations haveUSED Pension funds - INCLUDING SOCIAL SECURITY - AS COLLATERAL for hundreds of billions & trillions of dollars, that THEY HAVE EFFECTIVELY LOST, but corporate, government, and finance "elites" take THEIR SPECULATIVE losses from the "casino derivatives gulag" - and EXTORT, by BRIBING policitical leaders, BILLIONS from the public - while using every dime they steal, swindle, and extort from the public and taxpayers, to TRASH the very pensions and financial wealth of the vast majority of people in any given country:
Executive summary: Max explains that GOVERNMENTS and corporations haveUSED Pension funds - INCLUDING SOCIAL SECURITY - AS COLLATERAL for hundreds of billions & trillions of dollars, that THEY HAVE EFFECTIVELY LOST, but corporate, government, and finance "elites" take THEIR SPECULATIVE losses from the "casino derivatives gulag" - and EXTORT, by BRIBING policitical leaders, BILLIONS from the public - while using every dime they steal, swindle, and extort from the public and taxpayers, to TRASH the very pensions and financial wealth of the vast majority of people in any given country:
Max: You have to understand, that these pension accounts, and various schemes around the world, including let's say social security in the United States, they've been used AS COLLATERAL for corporateions and for the government to borrow hundreds of billions and trillions of dollars that THEY HAVE effectively LOST making SPECULATIVE BETS on financial transactions that HAVE GONE BUST.
The reason there is no money in these plans, is because bankers and corporations and the govt have SPECULATED with that money, and they've LOST the money, they've went into the casino of the Global Derivatives Market, and they made HUGE LOSING BETS.
As a result, Central Banks are pursuing what they call Zero Interest Rate policies, so if you have any savings at all, if you have any money in a pension account at all, you're not getting any return on your savings at all. Why?
To facilitate the continuation of this model, of letting speculators have all the money they want, at near zero percent interest to make speculative bets, and any time THEY go wrong, governments IMPOSE AUSTERITYmeasures ON the public.
So it's WELFARE for the bankers and corporations, who get HANDOUTS from the government, but it's "CAPTALISM" for the workers, who end up getting shafted.
So the workers understand that if Wall Street is paying themselves 144 BILLION dollars in bonuses this year, A RECORD, an historic record, and THEIR JOBS are paying LESS, and savings accounts ARE PAYING LESS,
it is because there is WEALTH TRANSFERENCE, A HEIST, A CRIME, LARCENY, of moving BILLIONS FROM ONE GROUP TO another....
Saturday, October 16, 2010
MORE evidence Barack Obama is an Arrogant Idiot: He INSULTS young voters days ahead of election 2010... He is PRESIDING over the INTENTIONAL DESTRUCTION of the American Economy, His Treasury Secretary is the
This is the "OMG" OH MY GOD, IS OBAMA AN IDIOT!" edition of DemNationUSA, because we can barely believe how incredibly stupid the Harvard trained "law professor" we have as a president is - and how he is marching his administration STRAIGHT INTO THE ABYSS of AMERICAN FOOD RIOTS and SKYROCKETING POVERTY in the coming year, without realizing the financial crimes that HE has made HIMSELF the face of, will continue to WRECK what is left of the economy.
Over at Huffington Post, they report that the Democrats are set to LOSE their majority in Congress:
"Dems Fear Grip On House Is Lost, GOP Set For Big Gains Everywhere"
The proof that Huffington Post is really a NEO-CON complicit-in-financial-crimes PROPAGANDA outlet is in the fact that they REALLY DON'T CARE that the RIGHT-WING REPUBLICAN CRAZIES are about to take control of Congress!
Looking at the other headlines and stories in today's New York Neo-Con propaganda outlet (with Arianna Huffington as their pretty, so-called "liberal" front face-woman) -
One article on the "FORECLOSURE DEBACLE" but, as is usual with ALL the Neo-Con media outlets, there is NO EFFORT made TO FIND A VILLAIN or even a scapegoat, much less to give Americans an accurate accounting of HOW SO MANY LAWYERS, JUDGES, ACCOUNTANTS, and Bankers could GET AWAY with PUSHING SO MUCH FRAUDULENT PAPER -
- like the Neo-Con NY Times, the Neo-Con Washington Post, Neo-Con TIME magazine, Murdoch's Fox "news," the Wall Street Journal, etc. ARE ALL IN ON THE SCAM !!!
(Actually, HuffPost's headline does, sort of, try to paint a villain - "How COUNTRYWIDE Covered the Cracks" - notice how the Neo-Con HP editors repeat the Neo-Con New York Times' editors' STRENUOUS efforts to keep the words "FRAUD" and "deceit" OUT of their attention grabbing headlines.)
Yes, the simple fact is, like other NEO-CON outlets, the Huffington Post is AS GENOCIDAL, AS larcenous, AS warmongering, AS police-state-dictatorship supporting, and American-economy-gutting as THE MOST Right-Wing blowhards, from Glenn Beck to Rush Limbaugh to Michael Weiner ("Savage") to John McCain to... JOE LIEBERMAN and the whole Jewish war lobby.
THE WORSE the Neo-Cons MAKE THINGS for the Democratic Party, the MORE they EMPOWER the Goddamn-Sachs economy killing larcenists and Likudnik/PNAC/Neo-Con warmongers!
And Pelosi and Obama have, over the past 2+ years, HELPED the GS/PNAC/Neo-Con Likud crew STEAL TWENTY+ TRILLION DOLLARS from American taxpayers, whatever bump in the stock market Obama has been gloating over for the past few weeks is PURE INFLATION, Bernanke & Geithner's "QUANTITATIVE EASING" is pumping BILLIONS (upon $1.5 trillion?) of FIAT, made-out-of-thin-air-dollars into "the economy" - which is to say, into the pocket of the Big Boy banksters, who have to park their stolen loot SOMEWHERE, and what is left after they buy up gold, silver, precious metals, commodities, oil, and food production, and other "real" assets, goes right to those newly inflated Wall Street stock prices that Obama is crowing about - he let Geithner and Bernake INDEBT the American people for ANOTHER $1.5 TRILLION "Quantitative Easing" dollars, to get a 100-200 point bump in the Dow (if that)!
ALL Summers, Geithner, Bernanke, Dimon, Blankfein, Rubin, and other Wall Street bank titans have to do, IS DREAM UP some new financial-speak term to TRANSFER HUNDREDS of BILLIONS of dollars FROM American taxpayers TO the Big Banks - and Barack Obama, Hillary Clinton, Nancy Pelosi, John Kerry, Chris Dodd, and other "Democrat" "leaders" ROLL OVER in their rush to OBLIGATE taxpayers TO THOSE new DEBT billions, in exchange for a few lousy chump-change millions in LEGALIZED BRIBES "campaign contribution donations" !!!
Meanwhile, over at FireDogLake.com - (ANOTHER "Liberal" web site with a NEO-CON "no names shall be named" bias against reporting on the very obvious CONNECTIONS between Rubin, Summers, Emanuel, Geithner, Bernanke, Greenspan, Paulson & titanic financial crimes) they do sort-of connect-the-dots: Obama ostensibly wants young voters to support his Democratic midterm senate and Congressional candidates, but besides invoking the bogeyman of "REPUBLICANS WILL BE WORSE!" Obama REALLY CAN NOT defend his record!
Obama Insults Youth Voters, Calls Election Time “Silly Season”
Finally, over at MaxKeiser.com, Max's latest show on PressTV.ir episode 74 (as opposed to Max's most recent episode 84 on RT tv) Max interviews David DeGraw, who pulls NO punches in his depictions of the CRIMINAL CONSPIRACY that is running the United States government, that IS U.S. government economic & financial "leadership" (segment 2 of 3) -
Tim Geithner isn't merely an "Economic Hit Man" - he is THE HEAD ECONOMIC DEATH SQUAD LEADER of the past decade, and after DESTROYING the economies of Indonesia, Thailand, other Asian countries, Argentina (all the while taking notes from his career sponsors Rubin & Summers destruction of the Russian post-Communist economy) - Geithner, Summers, Rubin & co. have set their sights on knocking America, NOT merely back to "3rd world status" - but CLEAR BACK TO THE DARK AGES, when feudal lords could MASSACRE the peasants with impunity.
bonus: KeiserReport #86 on RT tv interview with Eric Jantzen on the "POST CATASTROPHE ECONOMY" http://www.youtube.com/watch?v=sPz5hScPYrs - discussing, what else, more of the LOOTED, GUTTED, ARSONED, & ENSLAVED American economy... thanks to the "friends" that Idiot Obama put in charge of the Treasury, Fed, and nation's economic policy over the past 2 years.
http://www.youtube.com/watch?v=sPz5hScPYrs
Over at Huffington Post, they report that the Democrats are set to LOSE their majority in Congress:
"Dems Fear Grip On House Is Lost, GOP Set For Big Gains Everywhere"
The proof that Huffington Post is really a NEO-CON complicit-in-financial-crimes PROPAGANDA outlet is in the fact that they REALLY DON'T CARE that the RIGHT-WING REPUBLICAN CRAZIES are about to take control of Congress!
Looking at the other headlines and stories in today's New York Neo-Con propaganda outlet (with Arianna Huffington as their pretty, so-called "liberal" front face-woman) -
One article on the "FORECLOSURE DEBACLE" but, as is usual with ALL the Neo-Con media outlets, there is NO EFFORT made TO FIND A VILLAIN or even a scapegoat, much less to give Americans an accurate accounting of HOW SO MANY LAWYERS, JUDGES, ACCOUNTANTS, and Bankers could GET AWAY with PUSHING SO MUCH FRAUDULENT PAPER -
- like the Neo-Con NY Times, the Neo-Con Washington Post, Neo-Con TIME magazine, Murdoch's Fox "news," the Wall Street Journal, etc. ARE ALL IN ON THE SCAM !!!
(Actually, HuffPost's headline does, sort of, try to paint a villain - "How COUNTRYWIDE Covered the Cracks" - notice how the Neo-Con HP editors repeat the Neo-Con New York Times' editors' STRENUOUS efforts to keep the words "FRAUD" and "deceit" OUT of their attention grabbing headlines.)
Yes, the simple fact is, like other NEO-CON outlets, the Huffington Post is AS GENOCIDAL, AS larcenous, AS warmongering, AS police-state-dictatorship supporting, and American-economy-gutting as THE MOST Right-Wing blowhards, from Glenn Beck to Rush Limbaugh to Michael Weiner ("Savage") to John McCain to... JOE LIEBERMAN and the whole Jewish war lobby.
THE WORSE the Neo-Cons MAKE THINGS for the Democratic Party, the MORE they EMPOWER the Goddamn-Sachs economy killing larcenists and Likudnik/PNAC/Neo-Con warmongers!
And Pelosi and Obama have, over the past 2+ years, HELPED the GS/PNAC/Neo-Con Likud crew STEAL TWENTY+ TRILLION DOLLARS from American taxpayers, whatever bump in the stock market Obama has been gloating over for the past few weeks is PURE INFLATION, Bernanke & Geithner's "QUANTITATIVE EASING" is pumping BILLIONS (upon $1.5 trillion?) of FIAT, made-out-of-thin-air-dollars into "the economy" - which is to say, into the pocket of the Big Boy banksters, who have to park their stolen loot SOMEWHERE, and what is left after they buy up gold, silver, precious metals, commodities, oil, and food production, and other "real" assets, goes right to those newly inflated Wall Street stock prices that Obama is crowing about - he let Geithner and Bernake INDEBT the American people for ANOTHER $1.5 TRILLION "Quantitative Easing" dollars, to get a 100-200 point bump in the Dow (if that)!
ALL Summers, Geithner, Bernanke, Dimon, Blankfein, Rubin, and other Wall Street bank titans have to do, IS DREAM UP some new financial-speak term to TRANSFER HUNDREDS of BILLIONS of dollars FROM American taxpayers TO the Big Banks - and Barack Obama, Hillary Clinton, Nancy Pelosi, John Kerry, Chris Dodd, and other "Democrat" "leaders" ROLL OVER in their rush to OBLIGATE taxpayers TO THOSE new DEBT billions, in exchange for a few lousy chump-change millions in LEGALIZED BRIBES "campaign contribution donations" !!!
Meanwhile, over at FireDogLake.com - (ANOTHER "Liberal" web site with a NEO-CON "no names shall be named" bias against reporting on the very obvious CONNECTIONS between Rubin, Summers, Emanuel, Geithner, Bernanke, Greenspan, Paulson & titanic financial crimes) they do sort-of connect-the-dots: Obama ostensibly wants young voters to support his Democratic midterm senate and Congressional candidates, but besides invoking the bogeyman of "REPUBLICANS WILL BE WORSE!" Obama REALLY CAN NOT defend his record!
Obama Insults Youth Voters, Calls Election Time “Silly Season”
Finally, over at MaxKeiser.com, Max's latest show on PressTV.ir episode 74 (as opposed to Max's most recent episode 84 on RT tv) Max interviews David DeGraw, who pulls NO punches in his depictions of the CRIMINAL CONSPIRACY that is running the United States government, that IS U.S. government economic & financial "leadership" (segment 2 of 3) -
Tim Geithner isn't merely an "Economic Hit Man" - he is THE HEAD ECONOMIC DEATH SQUAD LEADER of the past decade, and after DESTROYING the economies of Indonesia, Thailand, other Asian countries, Argentina (all the while taking notes from his career sponsors Rubin & Summers destruction of the Russian post-Communist economy) - Geithner, Summers, Rubin & co. have set their sights on knocking America, NOT merely back to "3rd world status" - but CLEAR BACK TO THE DARK AGES, when feudal lords could MASSACRE the peasants with impunity.
Max: All right, economic imperialism vs financial terrorism.=============================================
The thesis that you have on this is that it was an ENGINEERED ATTACK on the US financial system.
David Degraw: Look, the truth of the matter is these people ARE Financial TERRORISTS. That might be too harsh terms but then let's use economic imperialism - this is a very well worn strategy
Look at Tim Geithner, he's the perfect example. Tim Geithner when he was in the US Treasury,
he went and, you know, the Asian crisis (plural), Indonesia, Thailand, ALL those Asian countries that went down the tubes in the 90's was a result of TG acting in the US treasury to TURN OVER these countries. he was really the preeminent ECONOMIC DEATH SQUAD LEADER and really he did so well he got a prestigious fellowship from the CFR as a reward, and then after that
he moved to the IMF, where he TURNED OVER Argentina. I mean, Tim Geithner was ALL OVER the DESTRUCTION of Argentina.
After he completed that, then he moved to the US fed, and the rest is history, with the bailouts and all that.
Look at the Commodities Future Modernization Act of 2000, and they can LOOT the economy, they LOOT national treasuries, and once you have massive DEBT the IMF moves in....
bonus: KeiserReport #86 on RT tv interview with Eric Jantzen on the "POST CATASTROPHE ECONOMY" http://www.youtube.com/watch?v=sPz5hScPYrs - discussing, what else, more of the LOOTED, GUTTED, ARSONED, & ENSLAVED American economy... thanks to the "friends" that Idiot Obama put in charge of the Treasury, Fed, and nation's economic policy over the past 2 years.
http://www.youtube.com/watch?v=sPz5hScPYrs
Tuesday, October 12, 2010
MORE Evidence that Barack Obama is an Economic & Financial IDIOT: "The Ivy League boys" are plotting to STEAL America's GOLD RESERVES, by "selling" gold bullion to connected Big Money INSIDERS. Can you say "MORE PRIVATIZATION of America's wealth" by RIGHT-WING RETNHUGLICAN President Barack Obama??
BARACK OBAMA is running a CRIMINAL FRAUD PROTECTION RACKET for his Goddamn-Sachs + JPM, Citi, Wall St. & etc. bankster friends who BRIBE him with "campaign donations,"
...he is ACTIVELY DEFRAUDING American taxpayers by GIVING the big banks BILLIONS of taxpayer dollars for their MASSIVELY FRAUDULENT mortgage and financial papers, as he and his White House Staffers and government officials relentlessly OBSTRUCT JUSTICE, much less give a detailed accounting of the titanic "bailouts" larceny to America's besieged taxpayers.
ZeroHedge.com has the dirty details: a "BRILLIANT" Harvard, Yale, or Princeton economist can advocate the SELLING of U.S. gold bullion "reserves," making the very notion of "reserves" FARCICAL, and, what-do-you know, putting BILLIONS upon billions of dollars of TAXPAYER OWNED assets that are soaring in value... into the hands of privileged, entitled, and connected "investors" - who get the INSIDE DEAL on OUR nation's gold.
And this SHEER LARCENY of an "economic policy" WILL BE TAKEN SERIOUSLY by Barack Obama's "Goddamn-Sachs Insider Corruption & Obstruction-of-Justice R Us" White House!
GOLD is the measure of how much Ben Bernanke - AND BARACK OBAMA - are DEVALUING the U.S. dollar - so "selling" America's gold stocks to private "investors" AS Bernanke, Obama, Geithner, & co. continue to PRINT BILLIONS of fait dollars, ensuring that gold will rise in value in the future, is akin to George W. Bush's RIGHT-WING REPUBLICAN presidency selling huge oil & mineral leases on public lands to private, connected, insider mining cartels in rigged auctions at HUGE DISCOUNTS from the real value of those resource assets.
But our take on Barack Obama's INSANE CORRUPTION and OBSTRUCTION OF JUSTICE presidency tonight is just getting started: as the ZeroHedge article alluded, NO ONE KNOWS how much gold the U.S. Treasury and Fort Knox hold - because, frankly, the government of presidents Bush, Clinton, and Obama have been selling (stealing from the public) America's gold to their insider pals for decades now. As Dylan Ratigan explained on his show tonight:
For his part, WASHINGTON POST "financial reporter" Zachary Goldfarb was hardly any better, he basically apologized for TITANIC FRAUD in America's home mortgage and finance industries, by saying that the banks are very powerful players, and they can influence politicians legally, merely by withholding or advancing loans for other projects in a Congressman or Senator's constituency!
THE WASHINGTON POST, HARVARD LAW SCHOOL, and the OBAMA administration, are all APOLOGISTS FOR titanic FRAUD in America's critical financial markets!
And it's certainly not just visiting Professor Porter - HARVARD UNIVERSITY has been PARTY TO ALL this TITANIC FRAUD in America's finanical markets, Harvard University PRESIDENT Larry Summers is STILL, as we speak, INSTRUCTING President Obama on how to CONTINUE TO HIDE all the massive fraud his friends on Wall Street have pushed on the American people!
...he is ACTIVELY DEFRAUDING American taxpayers by GIVING the big banks BILLIONS of taxpayer dollars for their MASSIVELY FRAUDULENT mortgage and financial papers, as he and his White House Staffers and government officials relentlessly OBSTRUCT JUSTICE, much less give a detailed accounting of the titanic "bailouts" larceny to America's besieged taxpayers.
ZeroHedge.com has the dirty details: a "BRILLIANT" Harvard, Yale, or Princeton economist can advocate the SELLING of U.S. gold bullion "reserves," making the very notion of "reserves" FARCICAL, and, what-do-you know, putting BILLIONS upon billions of dollars of TAXPAYER OWNED assets that are soaring in value... into the hands of privileged, entitled, and connected "investors" - who get the INSIDE DEAL on OUR nation's gold.
And this SHEER LARCENY of an "economic policy" WILL BE TAKEN SERIOUSLY by Barack Obama's "Goddamn-Sachs Insider Corruption & Obstruction-of-Justice R Us" White House!
ZeroHedge: Yale Ph.D., And Former Fed Member Tells Obama To Pull A “Gordon Brown” And Sell All Of America’s Gold"Tyler's" exasperation - that the INSANELY CORRUPT Barack Obama White House and Nancy Pelosi Congress would TOLERATE the THEFT of America's gold, for PRIVATE CONSUMPTION ("ownership") by CONNECTED INSIDERS, is echoed in a seemingly unrelated matter by Christopher Whalen at BusinessInsider.com. Whalen forcefully argues that Bernanke & Greenspan's ZERO interest rate policy is DESTROYING AMERICA - is TRANSFERING BILLIONS upon trillions of dollars FROM savers, TO connected insiders who have access to that effectively ZERO Fed "money creation" interest rate money.
by Tyler Durden on 10/12/2010
Edwin Truman, a senior fellow in the Peterson Institute, who is of course a former Fed member, and of course a Yale Ph.D., writes in the FT, suggesting the brilliant idea that it is high time for the US to sell its gold. In other words do precisely what [former Britain Prime Minister] Gordon Brown did a few [years, and a few] thousand percent ago, and now has to defend against allegations he did so merely to protect the LBMA cartel which was on the verge of being margin called into oblivion. And even if one ignores the fact for a minute that there has not "really" been an audit of the US gold holdings in who knows how long, who is to say that Goldman, of all people, may not be right and gold will be at $1,700 in a year? (cont'd)
GOLD is the measure of how much Ben Bernanke - AND BARACK OBAMA - are DEVALUING the U.S. dollar - so "selling" America's gold stocks to private "investors" AS Bernanke, Obama, Geithner, & co. continue to PRINT BILLIONS of fait dollars, ensuring that gold will rise in value in the future, is akin to George W. Bush's RIGHT-WING REPUBLICAN presidency selling huge oil & mineral leases on public lands to private, connected, insider mining cartels in rigged auctions at HUGE DISCOUNTS from the real value of those resource assets.
But our take on Barack Obama's INSANE CORRUPTION and OBSTRUCTION OF JUSTICE presidency tonight is just getting started: as the ZeroHedge article alluded, NO ONE KNOWS how much gold the U.S. Treasury and Fort Knox hold - because, frankly, the government of presidents Bush, Clinton, and Obama have been selling (stealing from the public) America's gold to their insider pals for decades now. As Dylan Ratigan explained on his show tonight:
"...know one knows how crooked the financial system is - that's why they have been PRINTING MONEY to COVER IT UP for the past few years. And that's what's going on right now with OUR HOUSING MARKET in particular .... that's why we all need to demand an investigation, to open the books at Fannie, Freddie, and the FEDERAL RESERVE, and find out how many BAD LOANS, fraudulent loans, were made by banks, and sold to the government, paid for with your money, hidden by the government, and the fees for those loans CONTINUE to BE COLLECTED by the very banks that pay off the politicians."Harvard Law Professor Katherine Porter spent her entire segment on following Dylan's above DR show intro basically saying that it would be IMPOSSIBLE for the United States government to investigate, unwind, and prosecute FRAUD in those tens of thousands of Loan documents that the Banksters SOLD TO Fannie, Freddie, and other government agencies! Indeed, she started her comments with an even more outrageous, blatant bit of DISINFORMATION, saying "It would really require a level of investigation that we've never seen before, it would really be unprecedented to go THAT DEEPLY INTO THE BOOKS" - entirely forgetting that the United States did exactly that just over a decade ago, William Black and other prosecutors sending ONE THOUSAND fraudulent financial officers to prison in the mid 1990s while unwinding the Reagan + Bush-I era Savings & Loan debacle - Ms. Porter seems to be ENTIRELY IGNORANT of William Black, former Director of he Financial Industries Reform, Recovery, & ENFORCEMENT Act (FIRREA, 1989), or the many prominent financial officials who went to prison in the mid 1990s, including CHARLES KEATING, MICHAEL MILIKEN, and CenTrust's David Paul - all the above which we we able to pull up in less than five minutes, putting us, apparently, light years ahead of a so-called HARVARD 'LAW' PROFESSOR!
Harvard Law visiting professor - AND FRAUD APOLOGIST Katherine Porter:Dylan responds:
"It would really require a level of investigation that we've never seen before, it would really be unprecedented to go THAT DEEPLY INTO THE BOOKS, it would be quite hard at this point, because many of these fraudulent... many of these loans that are in foreclosure, go back, were made four, five, six, seven year ago, and as we know, the banks and services did a poor job hanging on to the paperwork, did a poor job documenting these loans in the first instance, so doing the autopsy to figure out just went wrong, and who is at fault would be challenging... THERE is NO REMEDY FOR THE TAXPAYER other than the [future] political process...." [as she rattles of a list of ENTIRELY INCOMPETENT governemnt agencies UNABLE to remedy taxpayers or defrauded homeowners!]
"Considering the amount of money the bankers are paying themselves for this SLOPPY WORK, considering the lack of lending and investment in this country, considering the size of the deficit this country currently has carrying this load, $1.6 TRILLION dollars, professor, and we don't know how much of that is garbage, and the barrier to doing that is 'that it is HARD'?"
Prof. Porter: "Well, it may not be just that IT'S HARD, Dylan, it may be that it DOESN'T MAKE a LEGAL DIFFERENCE"A HARVARD UNIVERSITY PROFESSOR, is making the argument, that THE UNITED STATES GOVERNMENT, is ENTIRELY INCAPABLE of assessing HOW MUCH IT WAS DEFRAUDED in buying BAD and OUTRIGHT FRAUDULENT LOANS from some bankers... and even if the government could figure out that it had been sold FRAUDULENT loans, there is NO criminal remedy the ENTIRE United States "justice" system could find to remedy the American taxapyer losses??!!!
For his part, WASHINGTON POST "financial reporter" Zachary Goldfarb was hardly any better, he basically apologized for TITANIC FRAUD in America's home mortgage and finance industries, by saying that the banks are very powerful players, and they can influence politicians legally, merely by withholding or advancing loans for other projects in a Congressman or Senator's constituency!
THE WASHINGTON POST, HARVARD LAW SCHOOL, and the OBAMA administration, are all APOLOGISTS FOR titanic FRAUD in America's critical financial markets!
And it's certainly not just visiting Professor Porter - HARVARD UNIVERSITY has been PARTY TO ALL this TITANIC FRAUD in America's finanical markets, Harvard University PRESIDENT Larry Summers is STILL, as we speak, INSTRUCTING President Obama on how to CONTINUE TO HIDE all the massive fraud his friends on Wall Street have pushed on the American people!
Dylan: "And the beautiful thing about the way this country is set up that we theoretically call a democracy, We've got a central government that is controlled by the banking industry, that is paying itself hundreds of billions of dollars to administrate this system, while foreclosing on homes that THEY MAY NOT OWN THE NOTE TO, and there is absolutely NO LEGAL RECOURSE whatsoever FOR THE TAXPAYER, is that a basic summary understanding of the current situation, Katherine Porter?
Prof Porter responds: "THERE is NO REMEDY HERE for the taxpayer, other than the kind of political process... Porter rattles off MORE USELESS government oversight Committees - for TARP, for consumer protection, etc.] ...Short of those kind of political and regulatory things, there is NOTHING THAT WE CAN DO."Well, folks, you just heard it from the mouth of a Harvard University "law" professor: the ENTIRE United States government is POWERFLESS to identify, much less prosecute, TITANIC FRAUD in America's critical financial markets!@ The thieves and liars at Harvard should just hand out "acid" tabs (LSD) for the American public, instead of all the insane Neo-Con tripe they are spewing out over America.
Monday, October 11, 2010
IDIOT Obama: As U.S. Economy is 11.5 MILLION jobs short, He's STILL siding with Rubin, Summers, & Paulson's INSANELY TREASONOUS, nation-gutting, economy-killing Goddamn-Sachs & JPM bankster friends..
Americans should SUE Harvard University graduate school... for delivering TWO IDIOT presidents in a row!
Harvard M.B.A. "graduate" George W. Bush WENT ON VACATION, and IGNORED repeated and insistent FBI, CIA, & intel agency warnings "AL QAEDA PLANNING ATTACKS IN AMERICA AT THIS VERY MOMENT" - and that marked the high point of his presidency.
Harvard Law grad Barack Obama PLEDGED, in his every waking moment during presidential campaign 2008, to deliver "CHANGE!" to economically strapped American citizens, homeowners, and taxpayers suffering through eight long, dismal years of Right-Wing George W. Bush + Hank Paulson (FORMER Goddamn-Sachs CHAIRMAN Hank Paulson) "loot the peons to enrich the wealthy" economics.... and then, as president, Barack Obama went on to put George W. Bush's ECONOMY KILLING retread financial hacks (Tim Geithner, Ben Bernanke, etc.) BACK in charge of the new administration's economic oversight - with the same entirely predictable ECONOMIC CONTRACTION results.
ARE Bush & Obama Harvard Grads IDIOTS, or what?!
===================================================
"There they go again..."!
The Huffington Post is the new, slightly "more hip" New York Neo-Con propaganda outlet, replacing the "Old Grey Lady" (NY Times) and Washington Post as the so-called "liberal media" standard bearer in America.
Actually, a daily glance at the front page of the Huffing Post is sufficient to get the temperature of those New York, City-of-London, and Tel Aviv self-proclaimed masters-of-the-universe Neo-Cons' satisfaction meter, those Neo-Cons who are continually trying to dumb-down and pacify the peasants as they rob us American serfs, proles, peasants, and peons blind.
But being "hip" and being a "media leader" means you HAVE to report on the compelling issues SOMETIMES, before you bury those stories deep in the back pages, behind confusing and obfuscating headlines, or way down below the day's usual fix of hip but entirely useless celebrity and garbage infotainment stories. (Tonights HP menu, several chatty stories about the Chamber of Commerce subverting American democracy with, you know, titanic, unlimited foreign donations to America's politicians & political campaigns, and a few more chatty stories on Christine O'Donnell, teenage heartthrobs, witches, Nazi alter-egos, homophobes, by no less than HuffPost infotainment editor Roy Sekoff.... etc., etc., etc., etc.)
So in tonight's case, we get THE REAL NEWS for a moment or two - at least until the HuffPost's Neo-Con editors decide to get back to their normal ' hip' news distraction offerings.
And THE REAL NEWS is that America needs to add 11.5 MILLION new jobs - just to get back to pre-recession levels (not including population growth).
But the really important news is that, aside from those families affected by job losses, rising inflation, and lower income, and a collapsed American social safety net, is that NO ONE GIVES A DAMN!
NOT the idiot president surrounded by his Larry Summers, Gary Gensler, Jacob Lew, (Robert Rubin minions) "OF, BY, and FOR GODDAMN-SACHS" Neo-Con staffers.
NOT the entire U.S. government, which is IN BED with the Goddamn-Sachs "EXPORT U.S. JOBS to China, India, Asia, and Latin America" crew.
And certainly not the "Major Media" including the New York Times, CNN, Time, the Washington Post, Fox 'news,' and, yes, even those New York yuppie intelligentsia who staff the Huffington Post - NO ONE is MAKING JOBS "PRIORITY ONE" for America!!!
As we said at the top of this post, Americans SHOULD SUE Harvard University for sticking TWO IDIOT presidential CLOWNS IN A ROW on us hapless American serfs!
WHO COULD IMAGINE a "DEMOCRATIC" President in these past few decades, who DIDN'T MOVE HEAVEN & EARTH to try to get EMPLOYMENT numbers UP, and UNEMPLOYMENT numbers DOWN, in his first 2 years on the job?!
Like a would-be Goddamn-Sachs partner, Obama seems to be taking the OPPOSITE tack: GLOATING that employment is DOWN, and unemployment is UP!
IS THAT what they're teaching in Harvard these days? That the way to be a Neo-Con master-of-the-universe is to WRECK America's production, jobs, and employment economy - WHILE handing BILLIONS (upon TRILLIONS) of hapless taxpayer-extorted dollars to those very New York, Wall Street, and "multi-national bankers" masters of economic sabotage?!!!
Harvard M.B.A. "graduate" George W. Bush WENT ON VACATION, and IGNORED repeated and insistent FBI, CIA, & intel agency warnings "AL QAEDA PLANNING ATTACKS IN AMERICA AT THIS VERY MOMENT" - and that marked the high point of his presidency.
Harvard Law grad Barack Obama PLEDGED, in his every waking moment during presidential campaign 2008, to deliver "CHANGE!" to economically strapped American citizens, homeowners, and taxpayers suffering through eight long, dismal years of Right-Wing George W. Bush + Hank Paulson (FORMER Goddamn-Sachs CHAIRMAN Hank Paulson) "loot the peons to enrich the wealthy" economics.... and then, as president, Barack Obama went on to put George W. Bush's ECONOMY KILLING retread financial hacks (Tim Geithner, Ben Bernanke, etc.) BACK in charge of the new administration's economic oversight - with the same entirely predictable ECONOMIC CONTRACTION results.
ARE Bush & Obama Harvard Grads IDIOTS, or what?!
===================================================
"There they go again..."!
The Huffington Post is the new, slightly "more hip" New York Neo-Con propaganda outlet, replacing the "Old Grey Lady" (NY Times) and Washington Post as the so-called "liberal media" standard bearer in America.
Actually, a daily glance at the front page of the Huffing Post is sufficient to get the temperature of those New York, City-of-London, and Tel Aviv self-proclaimed masters-of-the-universe Neo-Cons' satisfaction meter, those Neo-Cons who are continually trying to dumb-down and pacify the peasants as they rob us American serfs, proles, peasants, and peons blind.
But being "hip" and being a "media leader" means you HAVE to report on the compelling issues SOMETIMES, before you bury those stories deep in the back pages, behind confusing and obfuscating headlines, or way down below the day's usual fix of hip but entirely useless celebrity and garbage infotainment stories. (Tonights HP menu, several chatty stories about the Chamber of Commerce subverting American democracy with, you know, titanic, unlimited foreign donations to America's politicians & political campaigns, and a few more chatty stories on Christine O'Donnell, teenage heartthrobs, witches, Nazi alter-egos, homophobes, by no less than HuffPost infotainment editor Roy Sekoff.... etc., etc., etc., etc.)
So in tonight's case, we get THE REAL NEWS for a moment or two - at least until the HuffPost's Neo-Con editors decide to get back to their normal ' hip' news distraction offerings.
And THE REAL NEWS is that America needs to add 11.5 MILLION new jobs - just to get back to pre-recession levels (not including population growth).
But the really important news is that, aside from those families affected by job losses, rising inflation, and lower income, and a collapsed American social safety net, is that NO ONE GIVES A DAMN!
NOT the idiot president surrounded by his Larry Summers, Gary Gensler, Jacob Lew, (Robert Rubin minions) "OF, BY, and FOR GODDAMN-SACHS" Neo-Con staffers.
NOT the entire U.S. government, which is IN BED with the Goddamn-Sachs "EXPORT U.S. JOBS to China, India, Asia, and Latin America" crew.
And certainly not the "Major Media" including the New York Times, CNN, Time, the Washington Post, Fox 'news,' and, yes, even those New York yuppie intelligentsia who staff the Huffington Post - NO ONE is MAKING JOBS "PRIORITY ONE" for America!!!
As we said at the top of this post, Americans SHOULD SUE Harvard University for sticking TWO IDIOT presidential CLOWNS IN A ROW on us hapless American serfs!
WHO COULD IMAGINE a "DEMOCRATIC" President in these past few decades, who DIDN'T MOVE HEAVEN & EARTH to try to get EMPLOYMENT numbers UP, and UNEMPLOYMENT numbers DOWN, in his first 2 years on the job?!
Like a would-be Goddamn-Sachs partner, Obama seems to be taking the OPPOSITE tack: GLOATING that employment is DOWN, and unemployment is UP!
IS THAT what they're teaching in Harvard these days? That the way to be a Neo-Con master-of-the-universe is to WRECK America's production, jobs, and employment economy - WHILE handing BILLIONS (upon TRILLIONS) of hapless taxpayer-extorted dollars to those very New York, Wall Street, and "multi-national bankers" masters of economic sabotage?!!!
U.S. Economy Is 11.5 Million Jobs Short, EPI Says
William Alden, Huffington Post Oct. 11 2010
http://www.huffingtonpost.com/2010/10/11/job-market-chart_n_758173.html
Even though the unemployment rate remained flat at 9.6 percent in September, the labor market would now need to add a total of about 11.5 million jobs to restore the pre-recession rate, according to analysis from Heidi Shierholz, an economist with the Economic Policy Institute. (cont'd)
Friday, October 8, 2010
"The BANKS are ROBBING the AMERICAN PEOPLE" - WITH Barack Obama & Nancy Pelosi's INSANELY CORRUPT blessings...
Dylan Ratigan answers the question (our words), "WHY are so-called "Democratic" so-called "leaders" NANCY PELOSI and BARACK OBAMA ENABLING TITANIC FRAUD in the home FORECLOSURES scandal?"
#1. Robo-signers, #2. Notary FRAUD, and #3. COUNTERFEIT DOCUMENTS. Left unstated would be item #4. CORRUPT JUDGES who COOPERATE WHOLESALE with the above NOTARY FRAUD and COUNTERFEIT DOCUMENTS submitted by the PERJUROUS, LYING bank officers pushing FRAUDULENT, CRIMINAL mortgage foreclosures!
http://www.msnbc.msn.com/id/21134540/vp/39562943#39562943
The video sidebars to the above Dylan Ratigan video from other CNBC, MSNBC, or NBC news videos indicate THE TRAUMA being INFLICTED ON AMERICAN FAMILIES by their INSANELY CORRUPT GOVERNMENT in cahoots with CRIMINALLY FRAUDULENT and predatory bankers:
Dylan Ratigan: "...because Banks & Politicians will do whatever it takes to prevent a LEGITIMATE foreclosure proceeding, one that would easily reveal the lack of qualifications, and bad documents, in the loans the banks have been selling and giving to the government for years."
Dylan continues: "And finally, the last and most important 'WHY' - "Why isn't our government dealing with it now?A D.R. show graphic shows 3 now standardized tactics of the Banking Foreclosure FRAUDSTERS:
Perhaps because that would reveal SYSTEMATIC CRIMINAL and CIVIL FRAUD, at the highest levels of the banks, and political corridors... from PRESIDENT OBAMA ON DOWN."
#1. Robo-signers, #2. Notary FRAUD, and #3. COUNTERFEIT DOCUMENTS. Left unstated would be item #4. CORRUPT JUDGES who COOPERATE WHOLESALE with the above NOTARY FRAUD and COUNTERFEIT DOCUMENTS submitted by the PERJUROUS, LYING bank officers pushing FRAUDULENT, CRIMINAL mortgage foreclosures!
http://www.msnbc.msn.com/id/21134540/vp/39562943#39562943
The video sidebars to the above Dylan Ratigan video from other CNBC, MSNBC, or NBC news videos indicate THE TRAUMA being INFLICTED ON AMERICAN FAMILIES by their INSANELY CORRUPT GOVERNMENT in cahoots with CRIMINALLY FRAUDULENT and predatory bankers:
- 20%, TWENTY PERCENT of American homeowners may face FORECLOSURE by Pelosi & Obama's swindler bankster friends....
- Coast to Coast, FORECLOSURE FALLOUT Hits Homeowners NOT behind on their mortgages
- Housing Crisis hits NEW LOW - Banks send eviction agents to homeowners NOT in foreclosure!
- Housing's Impact on Other Markets
Nancy Pelosi and Barack Obama RUNNING AMERICA INTO THE DITCH, with their RIGHT-WING treachery, Lies, Corruption, and blatant pay-to-play Bribe-taking....
Over at Truth-Out.org, David Sirota has an excellent article, describing how Democrat Party "leaders" and the elite activists and donors who back them are "THE REAL WHINERS":
Just to leave no doubt as to the "winning formula" "Too Great To Fail" Obama, Her Imperial Highness Pelosi, Hapless Harry Reid, and errand-boy Biden are pushing on Democratic voters these crucial months (now about to come to a screeching end) before midterm-election 2010, Mr. Sirota continues (our highlight):
Ay dos mio! Mr. Sirota continues his observations that this election season is NOT defined by "justifiable rage against the plutocratic machine" (in no small part because all of the corporate "major media" are working relentlessly to hide those plutocratic atrocities, dumb-down voters, and make Americans feel resigned to their increasingly dismal fates) but instead by a sense of quiet (Dem.) voter desperation, exhaustion, and disappointment, and Sirota lists some of those major disappointments:
"Is Geithner Planning a Stealth Attack on the Wall Street Reform Bill?"
That would be OBAMA's TREASURY SECRETARY Tim Geithner, quite possibly working to UNDO one of the administration's few claims to actually be addressing the titanic fraud and corruption on Wall Street!
Over at the Washington Post, Steve Pearlstein reports on the "The Costs of Rising Economic Inequality" in America, and again we point out, that not only has Speaker Pelosi been IN CHARGE OF CONGRESS for these past 4 years, but neither she nor Barack Obama's White House are EVEN ADDRESING the "rising economic inequality" in America, much less the costs associated with it.
Just to illustrate that Sirota's, Pearlstein's, and PRwatch.org's concerns are not completely "liberal rage," the Chronicle Review posts an article this week on "LARRY SUMMERS and the SUBVERSION of [American] ECONOMICS" with a nice photo of President Obama between his two radical Right-Wing, "Goddamn-Sachs & Wall St. uber alles" economy killing loan shark predators, Timmy Geithner & Larry Summers.
Meanwhile, over at the British Telegraph, we read that
"IMF Admits that the West is STUCK IN A DEPRESSION" - the FINANCIAL SABOTAGE policies that "economic geniuses" Geithner, Summers, Ben Bernanke, and Alan Greenspan, Robert Rubin, Hank Paulson, and other economy-wreckers before them have been pushing have born fruit - economic larceny and titanic financial fraud ARE THE DESIRED OUTCOMES of the Summers-Geithner-Bernanke-Gensler crew, Obama and Pelosi have spent the past 2 years PAINTING "Democrats" WITH the "CREDIT" for Wall Street's titanic larceny!
http://www.truth-out.org/david-sirota-the-real-democratic-whiners63971Mr. Sirota lumping President Obama and Vice President Biden in with the haplessly entitled and ignorant Marie Antoinette is too delicious for words - and "Democratic 'leaders'" would also include the astonishingly corrupt Nancy Pelosi, the Speaker of the House, who is the unspoken partner in most of the Obama administration's Right-Wing legislative & policy atrocities.
The way Democratic leaders tell it, their party's current "enthusiasm gap" comes from rank-and-file voters who are irrational and pessimistic complainers.
"Democrats, just congenitally, tend to (see) the glass as half empty," President Obama said last month during a $30,000-a-plate fundraiser at the Connecticut home of a donor named (no joke) Rich Richman. Days later, Vice President Biden told a separate audience of donors that voters need "to stop whining." Apparently, the two believe that a mix of Marie Antoinette's "let them eat cake" motto and Phil Gramm's "nation of whiners" mantra will excite the Democratic base.
Just to leave no doubt as to the "winning formula" "Too Great To Fail" Obama, Her Imperial Highness Pelosi, Hapless Harry Reid, and errand-boy Biden are pushing on Democratic voters these crucial months (now about to come to a screeching end) before midterm-election 2010, Mr. Sirota continues (our highlight):
Who knows? Maybe it'll work. But probably not. The sight of Washington politicians attending fat-cat fundraisers while berating a recession-hammered nation is not exactly inspiring. It's more like a recipe for electoral backlash.There you have it. Obama, Pelosi, Reid, and Biden's "election strategy" this year, stripped of its D.C. establishment & Madison Ave. propaganda spin, is for Democrats to RULE LIKE RIGHT-WING REPUBLICANS, and then LECTURE working-stiff Democratic voters that they better turn up and vote - because, you know, the Republicans will be EVEN WORSE than Obama & Pelosi have been!
Ay dos mio! Mr. Sirota continues his observations that this election season is NOT defined by "justifiable rage against the plutocratic machine" (in no small part because all of the corporate "major media" are working relentlessly to hide those plutocratic atrocities, dumb-down voters, and make Americans feel resigned to their increasingly dismal fates) but instead by a sense of quiet (Dem.) voter desperation, exhaustion, and disappointment, and Sirota lists some of those major disappointments:
The desperation is understandable. The Iraq War continues, and the Afghanistan War is intensifying. The Wall Street "reform" bill has been exposed as a sham, with the Associated Press reporting that banks are already planning to exploit the new rules for even more profits. Meanwhile, Obama aides admit that the new health care legislation coddles the industries it purports to regulate.Let's examine some of those items further - Sirota writes that "the Wall Street reform bill has been exposed as a SHAM" and over at PRwatch.org, The Center for Media & Democracy, they post a headline
"During the campaign we fought against insurance companies," White House adviser David Axelrod said about the Obama-crafted bill. "(But) after the deals with insurance companies, the deals with Pharma -- all these people are supposedly our friends."
As Axelrod's comment implies, this is not "real change" or "yes we can" -- it's the demoralizing status quo of "no we won't." And few disappointments better underscore that reality than the recent non-debate over the Bush tax cuts.
"Is Geithner Planning a Stealth Attack on the Wall Street Reform Bill?"
That would be OBAMA's TREASURY SECRETARY Tim Geithner, quite possibly working to UNDO one of the administration's few claims to actually be addressing the titanic fraud and corruption on Wall Street!
Over at the Washington Post, Steve Pearlstein reports on the "The Costs of Rising Economic Inequality" in America, and again we point out, that not only has Speaker Pelosi been IN CHARGE OF CONGRESS for these past 4 years, but neither she nor Barack Obama's White House are EVEN ADDRESING the "rising economic inequality" in America, much less the costs associated with it.
Just to illustrate that Sirota's, Pearlstein's, and PRwatch.org's concerns are not completely "liberal rage," the Chronicle Review posts an article this week on "LARRY SUMMERS and the SUBVERSION of [American] ECONOMICS" with a nice photo of President Obama between his two radical Right-Wing, "Goddamn-Sachs & Wall St. uber alles" economy killing loan shark predators, Timmy Geithner & Larry Summers.
Meanwhile, over at the British Telegraph, we read that
"IMF Admits that the West is STUCK IN A DEPRESSION" - the FINANCIAL SABOTAGE policies that "economic geniuses" Geithner, Summers, Ben Bernanke, and Alan Greenspan, Robert Rubin, Hank Paulson, and other economy-wreckers before them have been pushing have born fruit - economic larceny and titanic financial fraud ARE THE DESIRED OUTCOMES of the Summers-Geithner-Bernanke-Gensler crew, Obama and Pelosi have spent the past 2 years PAINTING "Democrats" WITH the "CREDIT" for Wall Street's titanic larceny!
Thursday, October 7, 2010
If anyone thought our previous post "Obama & Pelosi are TOO STUPID" was too extreme, HuffPost CONFIRMS our dismay & disgust: Obama ABOUT to SIGN a "Bankers FREE PASS for FRAUDULENT FORECLOSURES" bill!!
Anyone who may have thought our previous post "Obama & Pelosi are TOO STUPID to 'lead' the Democratic Party" was too disrespectful or too extreme, should see today's Huffington Post top-of-fold photo and screaming headlines, which headlines CONFIRMS ou dismay & disgust that Obama & Pelosi are SO in-the-pocket of CORRUPT bankers, that it has risen to the level of ABJECT FARCE:
Make no mistake: the ATROCITY is that this bill EVEN MOVED THROUGH the insanely corrupt so-called "Democratic" HOUSE in the first place! NANCY PELOSI, the DING-BAT insanely corrupt millionaire heiress Speaker of the House, wields virtually DICTATORIAL CONTROL over that body, this ATROCITY of a bill could not have been passed, without HER ACTIVE SUPPORT, her active, insanely corrupt complicity and COLLUSION!
update: According to this minute's HuffPost 'refresh' headlines, Obama will NOT sign the above mentioned "Free Pass for Fraudulent Foreclosures" bill - but NOT signing an awful bill, is FAR from PROTECTING America's MILLIONS of HOMEOWNERS (including neighbors whose home values sink when a fraudulent foreclosure is pushed through, depressing home prices area-wide) who in 2008 voted overwhelmingly for "change"!
Someone needs to explain to "the great law student" and "Constitutional law professor" Obama that merely delaying the Big Banksters' & mega-financial swindlers (Goddamn-Sachs, JP Morgan-Chase, Citi, BoA, etc.) from their JIHAD of WEALTH EXTORTION at American citizen, taxpayer, workers', and homeowners' expense for a few moments, is NOT in-and-of-itself "LEADERSHIP" - not only must you impede the beast, by you must CONFRONT it, SLAY it, and in our ever political world, DEMAND CREDIT for SAVING people from the foreclosures, evictions, and economy-gutting LOAN-SHARK Goddamn-Sachs WOLVES at the door!
Truthout.com has a good graphic (cartoon) of exactly that kind of fight - "Obama confronts the Congress-Corporate borg" - one the "Change" president should embrace - http://www.truth-out.org/obama-confronts-corporation63875 )
Bob Herbert seconds our contention, that this ATROCITY of a "free pass for BANKER's FRAUD" (fraudulent foreclosures) bill has NANCY PELOSI's STAMP OF INCOMPETENCE written all over it - and, even worse, is indicative of TITANIC CORRUPTION in the so-called "Democratic" Congress overseen by the San Francisco millionaire heiress:
"The U.S. is in terrible shape right now because far too much influence has been ceded to the financial and corporate elites who have used that influence to game the system and reap rewards that are almost unimaginable. Ordinary working Americans have been left far behind, gasping and on their knees. John Boehner has been one of the leaders of the army of enablers responsible for this abominable state of affairs."
Notice how Mr. Herbert, the "token Black columnist" for the Neo-Con (Arthur Sulzberger owned) New York Times, drops into the PASSIVE VOICE that is the hallmark of the Neo-Con Times (and Neo-Con Washington Post's) very Neo-Con propaganda 'reporting' style - Herbert doesn't EXPLICITLY say JUST WHO it is that has "CEDED... FAR TOO MUCH INFLUENCE...to the financial and corporate elites," but we KNOW who has - it is the elected members of our government who have the Constitutionally granted supreme powers in the land, the Congress, Senate, and presidency.
Ironically, Herbert starts his column with a "sleazy" poke at Speaker Pelosi's Republican (currently Minority Leader) opponent:
"It’s beyond astonishing to me that John Boehner has
a real chance to be speaker of the House of Representatives. I’ve always thought of Mr. Boehner as one of the especially sleazy figures in a capital seething with sleaze."
DISSECTING Herbert's analysis, however, reveals the appalling truth: short of having Machine-Gun armed Gestapo guards pull up to American homeowners' homes, siezing those homeowners and hauling them off to prison gulags, Speaker Pelosi could HARDLY do a BETTER JOB of KOW-TOWING to "Sleazy" Boehner's corporate & Big Fianance, homeowner extorting campaign donors, than Speaker Pelosi HAS BEEN DOING for the PAST FOUR YEARS!!
Indeed, Mr. Herbert says as much - "Both major parties have, with great enthusiasm, turned more and more of the government over to corporate and banking interests. But the G.O.P., with Mr. Boehner currently the point person, is fanatical about it, has barely tried to hide its willingness to offer up the government wholesale, no questions asked" - he just fails to CONNECT-the-DOTS that THIS particular financial atrocity bill (free pass for FRAUDULENT bank instigated foreclosures) is SPEAKER PELOSI's own claim to be AS SLEAZY, AS FANATICAL, and AS SLAVISH to big banker EXTORTION of American families, as Boehner and his "sleazy" Republicans are!!!
 |
| President Obama is ABOUT to SIGN "a bill to help avoid challenges to foreclosures" - i.e. a "Bankers get a FREE PASS for FRAUDULENT FORECLOSURES" bill passed by the insanely corrupt Nancy Pelosi 111th Congress and 'Hapless Harry' Reid Senate!! |
Make no mistake: the ATROCITY is that this bill EVEN MOVED THROUGH the insanely corrupt so-called "Democratic" HOUSE in the first place! NANCY PELOSI, the DING-BAT insanely corrupt millionaire heiress Speaker of the House, wields virtually DICTATORIAL CONTROL over that body, this ATROCITY of a bill could not have been passed, without HER ACTIVE SUPPORT, her active, insanely corrupt complicity and COLLUSION!
update: According to this minute's HuffPost 'refresh' headlines, Obama will NOT sign the above mentioned "Free Pass for Fraudulent Foreclosures" bill - but NOT signing an awful bill, is FAR from PROTECTING America's MILLIONS of HOMEOWNERS (including neighbors whose home values sink when a fraudulent foreclosure is pushed through, depressing home prices area-wide) who in 2008 voted overwhelmingly for "change"!
Obama Will Not Sign Bill Seen As Cover For Bank Foreclosuresalso at BusinessInsider.com - http://www.businessinsider.com/bank-foreclosure-bill-leahy-2010-10
Arthur Delaney, HuffingtonPost.com 7 Oct. 2010 1:35 PM
http://www.huffingtonpost.com/2010/10/07/obama-pocket-veto-foreclosures_n_753987.html
UPDATE: "ABC News has learned that President Obama will not sign - or 'pocket veto' -- a bill that sailed through Congress that consumer groups warn would make it easier for banks to foreclose on homeowners." More details...
Someone needs to explain to "the great law student" and "Constitutional law professor" Obama that merely delaying the Big Banksters' & mega-financial swindlers (Goddamn-Sachs, JP Morgan-Chase, Citi, BoA, etc.) from their JIHAD of WEALTH EXTORTION at American citizen, taxpayer, workers', and homeowners' expense for a few moments, is NOT in-and-of-itself "LEADERSHIP" - not only must you impede the beast, by you must CONFRONT it, SLAY it, and in our ever political world, DEMAND CREDIT for SAVING people from the foreclosures, evictions, and economy-gutting LOAN-SHARK Goddamn-Sachs WOLVES at the door!
Truthout.com has a good graphic (cartoon) of exactly that kind of fight - "Obama confronts the Congress-Corporate borg" - one the "Change" president should embrace - http://www.truth-out.org/obama-confronts-corporation63875 )
Bob Herbert seconds our contention, that this ATROCITY of a "free pass for BANKER's FRAUD" (fraudulent foreclosures) bill has NANCY PELOSI's STAMP OF INCOMPETENCE written all over it - and, even worse, is indicative of TITANIC CORRUPTION in the so-called "Democratic" Congress overseen by the San Francisco millionaire heiress:
"The U.S. is in terrible shape right now because far too much influence has been ceded to the financial and corporate elites who have used that influence to game the system and reap rewards that are almost unimaginable. Ordinary working Americans have been left far behind, gasping and on their knees. John Boehner has been one of the leaders of the army of enablers responsible for this abominable state of affairs."
Notice how Mr. Herbert, the "token Black columnist" for the Neo-Con (Arthur Sulzberger owned) New York Times, drops into the PASSIVE VOICE that is the hallmark of the Neo-Con Times (and Neo-Con Washington Post's) very Neo-Con propaganda 'reporting' style - Herbert doesn't EXPLICITLY say JUST WHO it is that has "CEDED... FAR TOO MUCH INFLUENCE...to the financial and corporate elites," but we KNOW who has - it is the elected members of our government who have the Constitutionally granted supreme powers in the land, the Congress, Senate, and presidency.
Ironically, Herbert starts his column with a "sleazy" poke at Speaker Pelosi's Republican (currently Minority Leader) opponent:
"It’s beyond astonishing to me that John Boehner has
a real chance to be speaker of the House of Representatives. I’ve always thought of Mr. Boehner as one of the especially sleazy figures in a capital seething with sleaze."
DISSECTING Herbert's analysis, however, reveals the appalling truth: short of having Machine-Gun armed Gestapo guards pull up to American homeowners' homes, siezing those homeowners and hauling them off to prison gulags, Speaker Pelosi could HARDLY do a BETTER JOB of KOW-TOWING to "Sleazy" Boehner's corporate & Big Fianance, homeowner extorting campaign donors, than Speaker Pelosi HAS BEEN DOING for the PAST FOUR YEARS!!
Indeed, Mr. Herbert says as much - "Both major parties have, with great enthusiasm, turned more and more of the government over to corporate and banking interests. But the G.O.P., with Mr. Boehner currently the point person, is fanatical about it, has barely tried to hide its willingness to offer up the government wholesale, no questions asked" - he just fails to CONNECT-the-DOTS that THIS particular financial atrocity bill (free pass for FRAUDULENT bank instigated foreclosures) is SPEAKER PELOSI's own claim to be AS SLEAZY, AS FANATICAL, and AS SLAVISH to big banker EXTORTION of American families, as Boehner and his "sleazy" Republicans are!!!
That’s Where the Money Is
By Bob Herbert
October 5, 2010
http://www.nytimes.com/2010/10/05/opinion/05herbert.html
It’s beyond astonishing to me that John Boehner has a real chance to be speaker of the House of Representatives. I’ve always thought of Mr. Boehner as one of the especially sleazy figures in a capital seething with sleaze...
...The U.S. is in terrible shape right now because far too much influence has been ceded to the financial and corporate elites who have used that influence to game the system and reap rewards that are almost unimaginable. Ordinary working Americans have been left far behind, gasping and on their knees. John Boehner has been one of the leaders of the army of enablers responsible for this abominable state of affairs... (cont'd)
Tuesday, October 5, 2010
Nancy Pelosi and Barack Obama (and other "Democrat" Party "leaders") are TOO STUPID to be the "leaders" of the Democratic Party - they have PRESIDED over the past half-decade of "THE AMERICAN NIGHTMARE" without offering American citizens a ray of hope!
Once again Dylan Ratigan proves he is light years ahead of the American "major media" talking heads and press corpse(s), his show today explained why the Democrats, and Republicans, and the Congress are so detested by Americans this election season: because regardless of how Speaker Nancy Pelosi, President Barack Obama, and their fellow "Democratic" "leaders" may want to BRAG about their various legislative "successes" and policy "victories," they can not hide the fact that, for the past half-decade, THEY have PRESIDED OVER the fulfillment, not of the American dream, but of the AMERICAN NIGHTMARE, the America of squalid 19th century tenement houses, rampant poverty, social stratification, and other "THIRD WORLD" conditions that we Americans collectively spent most of the 20th century fighting to make better.
Yes, Barack Obama has "only" been president for 2 years come this January... but he was a Democratic Senator for two years before that, a senator, presidential candidate, and now president with FAR more access to the American media & press outlets than the vast majority of Americans have.
Far WORSE than Obama and Pelosi FAILING to undo the TAX THE POOR, ENRICH the RICH policies of Bush, Cheney, and the Republicans over the previous 8+ years, is that Pelosi and Obama - in their fund-raising greed and "kickbacks" legalized bribe-taking ("campaign donations") corruption - they have utterly and completely FAILED to even RECOGNIZE THAT THERE IS EVEN A PROBLEM, until these 4 short weeks before midterm election 2010!
Pelosi, Bush, Cheney, McCain, and Obama are all an argument that, far from having "merciful" qualities, there must be some SADISTIC qualities if there truly is an "almighty" god.
Had it not been for Barack Obama's winning presidential campaign of 2008, a man who ENDURED TORTURE for 7 long years in a Vietnamese prison would have become the American president - how sad a commentary on American life is it, that the Republican Party's most worthy presidential candidate was a man who must have deeply embedded pyschological traumas from nearly a decade of enduring sadistic, nearly murderous abuse?
Dick Cheney was America's answer to Nazi SS leader Heinrich Himmler, a man who shuddered at the sight of blood, but commanded the wholesale institutionalization of an immense torture and death camp gulag - we know that Cheney personally watched live torture "interrogation" sessions (piped in by military video feeds to his White House basement dungeon) and wanted to use the 20 terrorist hijackers of 9-11-2001 as an excuse to unleash American bombs on almost every Muslim country in the Mideast.
Nancy Pelosi, far from being a "San Francisco liberal," is an entitled millionaire heiress, who can barely disguise her disdain for California's poor, much less San Francisco's noisy and demanding "liberal" interest groups. In giving Bush, Paulson, and Wall Street the NO OVERSIGHT bailouts they demanded of Congress in September 2008, Speaker Pelosi "pumped up" not only New York, foreign, and Wall Street financial stock prices, but she ALSO "pumped up" HER OWN FAMILY's stock portfolio values - Speaker Pelosi REALLY IS a multi-millionaire "WELFARE QUEEN," and she has neither the appreciation, the strength of character, nor the determination to make sure that American working-stiff taxpayers got the full measure of value for their Congress extorted "Bailouts" billions.
And Barack Obama, far from being "the CHANGE president," is a throwback to WOODROW WILSON - the president who was NOMINALLY "Liberal" on some issues, but INSTITUTED the draconian WWI (and post-WWI!) CENSORSHIP and police-state suppression laws, while simultaneously enouraging White supremacist segregationists, who embarked on nearly a half-century of unabashed LYNCH MOB terrorism, in the wake of the Wilson administration's blatantly racist, REACTIONARY blessings!
Barack Obama suffers under the delusion that he was somehow conceived of a divine conception - that he would be president today of his own "bipartisan greatness," WITHOUT a CENTURY of Civil Rights and "liberal" activists risking their lives (and often losing their lives) CONFRONTING 'the establishment" and reactionary politicians, demanding real change - not meaningless speeches crafted for their very vagueness and insincerity - from ENDING CHILD LABOR, to FORCING LANDLORDS to provide human conditions in New York tenement slums, to making America's meat packing warehouses, railroads, and other industries safe for workers, to taking on the coal-mining bosses who once hired machine-gun armed armoured cars to shoot up striking miners' camps...
....to the SHERMAN ANTI-TRUST Act. and Roosevelt's "Trust Busting," President Barack Obama is so in bed with with his Wall Street (GS & JPM) wealth-extraction financial swindlers, that he has NO appreciation for the past 100 years+ fight for the once 'radical' and "liberal" policies, that are now taken for granted in America, that modern programs and social safeguards that he, Obama, has been helping the Neo-Cons and reactionary Republicans DISMANTLE for the past half decade.
post-script: further evidence that Barack Obama and Nancy Pelosi (and most of the other "Democrats") are clueless if not criminally complicit in the sabotage destruction of America: An ACLU report on the rise of DEBTORS' PRISONS - even as Pelosi, Obama, and the damned "Democrats" HAND OUT TRILLIONS of taxpayer-extorted dollars to bail out Robert Rubin's insanely greedy and corrupt co-conspirators on Wall Street, (and, again we point out, ARTIFICIALLY PUMPING UP the PELOSI family's own multi-million dollar holdings), the American Criminal 'Justice' system is IMPRISONING ordinary Americans for long periods of time, for being unable to pay small fines...
Speaker Pelosi is giving Marie Antoinette a run for the money in historical infamy and/or cluelessness.
 |
| Arrianna Huffington, Warren Buffet's daughter Susie Buffet, and Dylan Ratigan discussed "Third World America," the undoing of the American dream, and the transformation of that dream into a NIGHTMARE... during the past half-decade of "Democrat" control of Congress.... |
Far WORSE than Obama and Pelosi FAILING to undo the TAX THE POOR, ENRICH the RICH policies of Bush, Cheney, and the Republicans over the previous 8+ years, is that Pelosi and Obama - in their fund-raising greed and "kickbacks" legalized bribe-taking ("campaign donations") corruption - they have utterly and completely FAILED to even RECOGNIZE THAT THERE IS EVEN A PROBLEM, until these 4 short weeks before midterm election 2010!
Pelosi, Bush, Cheney, McCain, and Obama are all an argument that, far from having "merciful" qualities, there must be some SADISTIC qualities if there truly is an "almighty" god.
Had it not been for Barack Obama's winning presidential campaign of 2008, a man who ENDURED TORTURE for 7 long years in a Vietnamese prison would have become the American president - how sad a commentary on American life is it, that the Republican Party's most worthy presidential candidate was a man who must have deeply embedded pyschological traumas from nearly a decade of enduring sadistic, nearly murderous abuse?
Dick Cheney was America's answer to Nazi SS leader Heinrich Himmler, a man who shuddered at the sight of blood, but commanded the wholesale institutionalization of an immense torture and death camp gulag - we know that Cheney personally watched live torture "interrogation" sessions (piped in by military video feeds to his White House basement dungeon) and wanted to use the 20 terrorist hijackers of 9-11-2001 as an excuse to unleash American bombs on almost every Muslim country in the Mideast.
Nancy Pelosi, far from being a "San Francisco liberal," is an entitled millionaire heiress, who can barely disguise her disdain for California's poor, much less San Francisco's noisy and demanding "liberal" interest groups. In giving Bush, Paulson, and Wall Street the NO OVERSIGHT bailouts they demanded of Congress in September 2008, Speaker Pelosi "pumped up" not only New York, foreign, and Wall Street financial stock prices, but she ALSO "pumped up" HER OWN FAMILY's stock portfolio values - Speaker Pelosi REALLY IS a multi-millionaire "WELFARE QUEEN," and she has neither the appreciation, the strength of character, nor the determination to make sure that American working-stiff taxpayers got the full measure of value for their Congress extorted "Bailouts" billions.
And Barack Obama, far from being "the CHANGE president," is a throwback to WOODROW WILSON - the president who was NOMINALLY "Liberal" on some issues, but INSTITUTED the draconian WWI (and post-WWI!) CENSORSHIP and police-state suppression laws, while simultaneously enouraging White supremacist segregationists, who embarked on nearly a half-century of unabashed LYNCH MOB terrorism, in the wake of the Wilson administration's blatantly racist, REACTIONARY blessings!
Barack Obama suffers under the delusion that he was somehow conceived of a divine conception - that he would be president today of his own "bipartisan greatness," WITHOUT a CENTURY of Civil Rights and "liberal" activists risking their lives (and often losing their lives) CONFRONTING 'the establishment" and reactionary politicians, demanding real change - not meaningless speeches crafted for their very vagueness and insincerity - from ENDING CHILD LABOR, to FORCING LANDLORDS to provide human conditions in New York tenement slums, to making America's meat packing warehouses, railroads, and other industries safe for workers, to taking on the coal-mining bosses who once hired machine-gun armed armoured cars to shoot up striking miners' camps...
 |
| Rockefeller family's CF&I mining company hired guns: The Baldwin-Felts 'detecitve agency" used this machine-gun armed car to shoot up miners protesting deadly conditions in the Rockefeller owned mines, wiki. "Ludlow Massacre" |
 |
| Pelosi & Obama's REAL legacy: 42% of American children born into poverty! Democrats and "the major media" may quibble that "low income" does not equal "poverty," but with even middle-class families having problems purchasing health-care, "low income" means you are one illness away from family-gutting poverty - a grim statistic that Obama's so-called "health care reform" bill abjectly failed to rectify. |
Speaker Pelosi is giving Marie Antoinette a run for the money in historical infamy and/or cluelessness.
ACLU and Brennan Center Reports Expose Resurgence of Debtors' Prisons
http://www.commondreams.org/newswire/2010/10/04-0 (h.t. m.k.)
NEW YORK - October 4 - Poor defendants are being jailed at increasingly alarming rates for failing to pay legal debts they can never hope to afford, according to two new reports released today by the American Civil Liberties Union and the Brennan Center for Justice.
The reports detail how states across the country, in the face of mounting budget deficits, are more aggressively going after poor people who have already served their criminal sentences, and in so doing undermining re-entry prospects, paving the way back to prison or jail and burdening the public with yet more costs.
"Incarcerating people simply because they cannot afford to pay their legal debts is not only unconstitutional but also has a devastating impact upon men and women, whose only crime is that they are poor," said Eric Balaban, senior staff attorney with the ACLU National Prison Project.
The ACLU report, "In for a Penny: The Rise of America's New Debtors' Prisons," and the Brennan Center report, "The Hidden Cost of Criminal Justice Debt," show how the resurgent phenomenon of imprisoning people who are unable to pay fines and court fees is in fact counterproductive. States and counties, hard pressed to find revenue to shore up failing budgets, see a ready source of funds in defendants who can be assessed financial penalties above and beyond their criminal sentences that must be repaid upon pain of imprisonment.
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