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May 18, 2013
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Wall Street Fat Cats Revolt, Send Money to GOPPosted on Feb 8, 2010
In case it wasn’t made perfectly clear in recent months how the American political system actually operates on its uppermost levels, here we have an object lesson to consider: Upset by the notion that the Obama administration might be working on regulating the financial industry next, some of Wall Street’s bigwigs are now focusing their funding efforts on the GOP. —KA
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By beeline, September 29, 2010 at 6:39 am Link to this comment
The Fat Cats will do whatever it takes to preserve their way of life.
Report thisBy calltoaccount, February 9, 2010 at 4:50 pm Link to this comment
Our problem is that… those empowered to make and enforce our laws— sworn to
Report thisbe good stewards of the public interest— allowed themselves to be seduced and
inducted to serve private interests, not the least of which their own, courtesy of
campaign contributions, lobbyist largess, lucrative job prospects, and other co-
optive emoluments known anywhere else in the world as bribes. When will we
learn that it’s not about politics, ideology or principle? It’s about the money! But
drop me a line the next time you hear any corporate or mainstream media pro
daring to talk or write about it in those terms. Somehow, as obvious and
pernicious a role as it plays in our political process, discussing venal motive is off
limits, part of the pretense that our elected officials actually represent the best
interests of the people who voted for them (as distinguished from those who
bankroll them). http://calltoaccount.wordpress.com/
By Joe G, February 8, 2010 at 2:36 pm Link to this comment
(Unregistered commenter)
I wish that these robots from Wall street would get on one side of the political
Report thisdebate and stay there. Fine with me. Maybe this way they can finally be properly
dealt with. They already have been playing dangerous games for ages now.
Maybe they should just dig deeper like they always do. I can’t help but wonder if they are just trying to scare us now with Republicans to get their way. I will not be intimidated by a bunch of wealth obsessed morons.
By antispin, February 8, 2010 at 1:02 pm Link to this comment
Clarence,
I quite agree with sentiment, but it occurs to me the way the WaSters see this is that Obama is in breech of contract since, as they see it, he agreed to do whatever they want.
Report thisBy clarence swinney, February 8, 2010 at 10:41 am Link to this comment
Crimes not prosecuted. Exactly.
Fraud is Fraud.
When a buyer is deceived by issuer of a Mortgage it is Fraud.
When th emortgage contract lists in large numbers the “teaser” Rate and future large rate in smaller letters that is Fraud.
FRAUD is INTENT.
A LIE is INTENT
We need Justice.
Ten Blow Jobs A major Crime yet ten billlion stolen is no big deal!! Justice? Ha!
Report thisBy clarence swinney, February 8, 2010 at 10:32 am Link to this comment
$14,000B Surplus
Wow! What a different attitude today in America
14,000 Billion Surplus missed
NOTE—Numbers are rounded and are not exact. Simplistic. Purpose here is for an Overview.
Will be exact in my forthcoming book.
No Reagan or Bush Tax Cuts for the very Rich.
Today we would have a $14,000B SURPLUS
NO DEBT.
$14,000 Billion SURPLUS
24 X $750B=$18,000B Revenue missed (1985-2009)
5 X $1700B=$8,500B Revenue missed (2004-2009)
Total $26,500 Billion of Revenue missed
Debt is close to $12,000B
$26,500B of Revenue and we would have no Debt but a $14,000B Surplus
Now you know what occurred?
HERE IS THE BEEF
In 1980 the top 1% owned 20% of Total Financial Wealth
In 1989 it was 36%.
An 80% Increase via good old Ronnie enrich the rich policies and shaft middle class.
Even his David Stockman said his Tax Cut was Trojan Horse to enrich the rich.
Bush took over and now 20% own 93% of Total Financial non-home Wealth.
Top 2.7% got four times as much of Bush Tax Cuts as bottom 80%.
Those are, primarily, Wall Streeter who own our major corporations.
During Bush 8 sent 2,300,000 jobs to CHINA.
While getting huge bonuses on profits from Gambling..
While closing hundreds of plants in America.
While eliminating millions of jobs.
While buying our government.
The new—Wall Street of America—formerly USA
All Aboard! Next Boat to China in 2010 carries all jobs from Hanesbrands
Winston-Salem NC jobless thank you Wall Street.
p.s. Actually the Surplus would be much more.
Report thisThe ultra rich got most of Income Increase since 1980.
A Tax Increase would have gotten us more of it
By Jim Yell, February 8, 2010 at 9:17 am Link to this comment
(Unregistered commenter)
Our problem is we pretend that no crime is committed if someone is rich enough to pay to have an activity dropped from the legal code as a crime. Then we find that when society starts to collapse there is no one responsible for the crime, which some activities are crimes even if the law dosen’t recognize it as such.
Treason is a crime and deliberatly causing harm to the country is treason. These investment people have deliberately high jacked our government and changed our laws. In fact they are all responsible for a crime. The fact that they used undo influence to keep it from being recognized as a crime should not protect them from their treason.
I think it is time to start investigating and hauling them into court, get convictions and real punishement, otherwise this mess will never be resolved. They are the enemies of mankind and civil society. Usuary is a crime and should be recognized as such again.
Report thisBy ThomasG, February 8, 2010 at 8:14 am Link to this comment
Wall Street Fat Cats revolt and turn to the GOP is only fodder for fools.
Report this