Wednesday, April 21, 2010

We Have Some Real Money Problems-- The Criminals Are Determined To Use Conservatives To Take Over The Government Entirely

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Can't happen here... right? Keep an eye on Marco Rubio

Yesterday we got word that congenitally corrupt Republican Congressman, Wall Street pawn and Republican Senate candidate Mark Kirk (IL) was by forced by his opponent to disgorge the thinly veiled, legalistic bribes-- or at least a small portion of the most recent ones-- he's taken from the Goldman Sachs empire. Like Mike Castle (R-DE), Roy Blunt (R-MO), Paul Ryan (R-WI), Rahm Emanuel (D) and Harold Ford (D), Wall Street made huge investments in Kirk over the years in the hopes that he would climb the ladder of political power-- with their help-- and be in a position to further their corporate agenda. (It's no coincidence that the big Wall Street firms invest carefully in up-and-comers with plenty of a certain kind of smarts and no ethical boundaries that anyone has ever seen displayed. These are, after all, long term investments, not simple pay-offs for a vote on a specific bill or two.

And as that word was coming in, we also got word that Forbes has classified ten major American cities as being in "free fall," including, from bad to worst Providence, Tampa, Orlando, Miami, Jacksonville, Phoenix, Sacramento, Riverside, Los Angeles, Las Vegas. What do the two things have to do with each other?

I'm sure you're aware that the sketchy Peterson Foundation is convening a forum to discuss how to cut Social Security and Medicare without anyone knowing, featuring crooked political hacks like Paul Ryan, Judd Gregg, Robert Rubin, Alan Greenspan and other criminal types who, in a more just world, would all be serving time in prison cells rather than sitting on top of the world or running around their homes in Masters of the Universe costumes. That so-called Fiscal Summit is scheduled to take place Wednesday, April 28 under the guise of a discussion of the "nation's rising deficits and debt." It will be bipartisan, the name way that NAFTA was bipartisan-- conservatives and corrupt politicians on both sides of the aisle conspiring to make the rich richer and the poor poorer, while squeezing the middle class. Hopefully you saw the post we did here at DWT yesterday about the more intellectually legitimate counter-conference on the same day.

Yesterday Vice President Biden warned the more corrupt of the Senate Democrats, the Blanche Lincolns and Ben Nelsons, to stop playing footsie with criminal elements on Wall Street and start representing the regular American families who have given them their cushy jobs.
Vice President Biden today challenged a gathering of Wall-Street-friendly Democrats to join President Obama in making sure that this economic recovery, unlike the last one, actually benefits the middle class.

"I have one question. I have one challenge to you all. What policy steps will once again link productivity growth and middle-class incomes?" Biden asked the audience. "I hope collectively we can find an answer.

"The middle class needs to get its fair share again," Biden said. "It sounds like a trite political slogan, but, folks, the system is not going to work if they do not believe they're getting a fair share commensurate with the effort they put in... "If the next expansion fails to lift the middle class, if it bubbles and bursts, if it gives a high five to Wall Street while stiff-arming Main Street, then it will be an expansion that we will not be proud of and it will not be the expansion that the President and I believe this nation so badly needs," the vice president said.

And while Biden was serving up some stiff medicine to reluctant conservative Democrats, brought together by world-class economic and financial criminal Robert Rubin, we were watching how corrupt Republican candidates to take their jobs were benefiting from gigantic infusions of cash from one of the very worst of the Wall Street mobsters, Paul Singer, who runs the shady hedge fund firm Elliott Management.

His GOP front group, the U.S. Senate Victory Committee, doled out over a million dollars in cold hard cash to Republican Party Wall Street shills Kelly Ayotte (NH), Roy Blunt (MO), Jane Norton (CO), Rob Portman (OH), Marco Rubio (FL), Rob Simmons (CT) and Pat Toomey (PA), each of whom is trying desperately to appear to support Tea party anti-Wall Street hegemony will whispering sweet nothings in the ears of the banksters that keeps that kind of cash flowing.

One of the worst of the hypocrites and phonies-- on a par with Roy Blunt and Rob Portman-- is Florida teabagger darling Marco Rubio, who has effectively destroyed Governor Charlie Crist's role in the GOP (he's likely to caucus with Democrats if he wins as an independent in November). Rubio's entire campaign is based on persuading gullible and poorly educated teabaggers that he's one of them, while he cozies up with Wall Street. Hitler had huge success doing exactly the same thing in Germany in the early 1930s. He convinced the most bigoted, hate-filled, frightened and brainless Germans that he was their champion while kissing up to the industrialists and super-rich-- mostly in Germany but he did fine with the Bush family as well. A deranged, self-serving sociopath, which many people who know Rubio claim he is as well, Hitler screwed over his early supporters when it was too late for them to do anything about it. So far Rubio has sucked up $182,421.91 the US Senate Victory committee.
"Not only has he quickly become the Washington Republican establishment candidate, but now it is clear that Speaker Marco Rubio is Wall Street's candidate too. While Rubio talks a good game, clearly he is simply a voice for the status quo who prefers continued mismanagement of our financial system over real reform," said Eric Jotkoff, spokesman for the Florida Democratic Party. "Floridians are disappointed that Rubio continues supporting the industry that helped bring our financial system to the brink of collapse, as he tries to impose his extreme philosophy on Florida. Unfortunately, it isn't surprising that as a former lobbyist, Speaker Rubio puts corporate interests first."

The Wall Street-based Elliot Management is the largest "vulture fund" in the world. Vulture funds are predatory investors that seek to profit off the debts of the world's poorest countries. They buy a nation's debt for pennies on the dollar and then sue the indebted country to win repayment of the initial debt's full value. [The Guardian, 3/10/2007; Associated Press, 5/22/07]. According to the firm's press releases and trade publications, two of the firm's main arms, Elliot International and Kensington International, are based in the "tax havens" of the Cayman Islands.

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2 Comments:

At 6:37 AM, Anonymous Anonymous said...

How is Elliott Management shady? I work for a not-for-profit who invests with Mr. Singer. He has done wonders towards allowing us to enhance the retirement benefits for our low income constituents. Further, are you aware that hedge funds are not investment banks, and that Mr. Singer himself has publicly bashed the greediness of Wall Street bankers?

I don't necessarily object to what you're saying. I just want people not to blindly bash the financial industry and lump everyone in it together as "Wall Street". You need to think and clarify your arguments before you make them. Just because someone is in the financial field and donates to politicians you don't like does not make them shady.

http://online.wsj.com/article/SB123871848344884871.html

http://dealbook.blogs.nytimes.com/2009/08/19/summer-reading-paul-singers-second-quarter-letter/

 
At 9:15 PM, Anonymous Anonymous said...

This is a plant the seed of doubt article. We aren't gonna just blindly tak the word of any Obama supporter Nor are we taking the word of any GOP..We are doing our own investiating..We read the Alinsky rules to counter your moves.

 

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