Showing posts with label banks. Show all posts
Showing posts with label banks. Show all posts

Friday, August 21, 2015

Banks and Brokers bank big bucks as Little People get Played - Again!

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Once again it was the individual investor excluded from the buy and sell and buy action that sent shock waves through the financial markets today, because once again the computers took over the stock markets with programmed selling forcing the market into an unexpected correction and creating a mountain of opportunities for the computers to profit in any recovery.


By now, most informed people know the American stock markets serve no public interest, fail to do what they were intended to do, and act to feed their wealthy owners even more wealth.  It is a vicious cycle begun in earnest with the last major stock market crash in 2009, and it operates at a level of legal, but immoral corruption that the Obama administration has never fixed.


It was back in 2008 I warned that Goldman Sachs owned candidate Obama much like they owned President Clinton when he needed millions of dollars to pay his legal fees during his impeachment.


Once he got elected Goldman people were placed throughout Obama's administration and controlled all fiscal policy of the government.  As it became clear billions of dollars were going to be lost only the two major banks who supported Obama in 2008 received virtually all the money they had at risk, an amount totaling billions of dollars, Goldman Sachs and J.P. Morgan.


Here we are, seven years since the economic crash that cost consumers trillions of dollars in wealth and not a single banker behind the economic manipulation was prosecuted, or wound up in prison.. This is the same pattern they perfected with the Clintons by providing millions for Bill's legal defense fund to save him from impeachment, then arranging for hundreds of thousands of dollars in speaking fees, and helping his rather mysterious Clinton Foundation.


Hillary is the most recent recipient of the Goldman purse strings as Bill and Hillary have now received over $23 million in speaking fees.


Well Goldman and Morgan will no doubt benefit from the stock market crash, what the pros call a correction, since some of those massive computers are theirs.  In the meantime, the average person in America will lose 10% more of their wealth while the bank boys make 10% more on their manipulations.


Once upon a time such practices landed executives in jail but no more under the Obama administration.  Perhaps one day, people will realize that it really does not matter whether a politician is a conservative or liberal, Democrat or Republican, they are all owned by the rich and only the rich and their political stooges are getting richer.


After the collapse this week the market is down 10% and the professional economists blame it on China, North Korea, excess oil inventories, the wavering of the Fed on cutting interest rates, and the instability in Europe because of Greece.  None is true.


The market will rise when the rich can make money and will fall when they stop making money.  They sell when the market peaks and buy after the collapse, all with the help of their monster computers.


If they still do not make money, they bring new companies into the market through public offerings, known as IPOs.  Of course they really do not want them to succeed so they buy up all the stock before the first public offering, then sell it to the stupid public the first day it is available to buy when the price is being driven up.  Once the stock rises, they lose interest and so far this year 38 IPOs have gone bankrupt, which cost the little people untold millions or billions of dollars.


I guess there is a reason our founding fathers did not trust big banks, international banks, or even capitalism.  Maybe our current leaders should pay attention to history, not just their campaign fund raising efforts.

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Tuesday, March 03, 2015

Hillary, Hillary, Hillary - you sound more like Bill every day

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Today The New York Times broke a story that Hillary Clinton, during her four years as Secretary of State, refused to use a government email and conducted all government and non-government business on a private email with no copies given to the government.

In response to a request from a congressional committee, the State department disclosed they had no record of her emails though eventually Hillary did send about 55,000 pages to the State Department.  Now the Obama administration, the State Department, and Hillary are scrambling to explain why Hillary is above the law that is followed by all other government officials.


Of course, the idiots in the administration are saying it is not their responsibility, the press should check with the agency.  Ironically, this is the second violation with the emails for the administration as the head of IRS lost all her emails in the midst of a corruption investigation.

The Obama people make it a point to say only emails to government agencies are covered but that is insane.  What about emails between Hillary and Goldman Sachs, the international bank that has consistently bailed out the Clintons with millions of dollars when they needed it.



Goldman arranged to pay off Bill Clinton's multi-million dollar legal fees to defend him from impeachment during the Monica Lewinsky era.  When Bill Clinton left office Goldman helped secure not only millions needed to pay off the legal debt, but they arranged for the most lucrative speaking fees in history with the Clintons getting over $250,000 for a single speech.


Now that the Clintons are worth over $100 million, and millions more are raised for their non-profit foundation from corporations and foreign entities, did she do anything while in office to ensure her financial future?  Ethics and morality have never been of much concern to the Clintons.


To deliberately avoid a paper trail for what one did in office raises a spectrum of possibility that all kinds of bad things could have taken place.  Of all people, Hillary knew better after all the lies and cover-ups that took place in her husband's White House.  She should turn over all emails, not just the ones she wants to turn over.


This is not the first time she has gotten in trouble with emails.  A hacker got into her private account and got emails about the Benghazi debacle she exchanged with political advisor Sidney Blumenthal.  It was RT News (Russia Today) who broke the story.

Ironically, the Russians know what our Secretary of State was doing when her own government and agency did not.  So what about the greatest hackers of all, the National Security Agency, they should have a file on all her private emails.  That is where we might find the truth.



Here are excerpts from a report CNN did on the Clinton's and their banking alliances.

Clinton Foundation tied to troubled banks
March 3, 2015

WASHINGTON (CNN) —Hillary Clinton's coziness with Wall Street has long given progressives pause on her potential presidential candidacy. But her family's foundation's ties to banks that have been under investigation for everything from interest rate manipulation scandals to breaking Iran sanctions could further deepen the trust gap between the Democratic front-runner and those who think banks would have too much say over her policies.

A CNN review of public event listings for the Clinton Global Initiative's Annual Meeting found partnerships with at least six banks that were under investigation, involved in litigation or had been fined by government agencies and regulators at the time of the meeting.

In every case, the bank in question was listed as a sponsor of the event even after the investigations were widely reported in the media.

Of the array of sponsors, a few banks were perennial supporters, including British bank Standard Chartered, Goldman Sachs and Germany's Deutsche Bank, all of which were listed as mid-level backers of the event every year from 2009 on. French bank Credit Agricole was a supporter of the event from 2009-2012.

British banking giant Barclays emerged as a "strategic partner" with CGI for its 2010 annual meeting, and gave the same level of support every year after that. In 2014, HSBC became the latest bank to get on-board with the event, signing on as a "convening sponsor," the highest level of support possible.

All of the banks have had pockmarked pasts --- and many were either under investigation or fined for breaking Iran sanctions, while Clinton was secretary of State.
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Wednesday, August 27, 2014

Obamaville - August 27, 2014 - Secret Obama "End of Days" Strategy Leaked

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In yet another example of the porous condition of the Obama sinking Ship of State,  there has been another breach of security with the discovery of a top secret strategy for the remainder of the Obama presidency to divert the attention of the public, continue the intellectual constipation of the congress and hoodwink the lethargic news media while pursuing a new set of objectives before Obama's forced retirement in 2016.


Highlights of this top secret document by Obama Minister of Propaganda David Puff were found this morning on Twitter and include some of the following stunning revelations and a whole lot more unstunning things.  Ironically the Tweet was sent from the Twit Harry Reid website, Harry's Harangues, under the secret coding "End of Days".


In recognition of the fact Obama can never regain his popularity with the American public because you "can't fool all the people all the time", the Puff Master has concocted a new set of strategies to get what you want before it's too late, sort of a "bleed the beast" game plan.


The new Obama foreign policy doctrine - American Dwindlism - shall be pursued with vigor as it is the only policy initiative that worked in the eyes of the public.  Polling has shown that the gullible public will buy anything cloaked in the "more for less" strategy in which the less we do around the world the more we have to spend on our own special interests.


No one cares that millions are dying in Africa from wars and Ebola.  No one cares if women are slaves in terrorist states.  No one cares if Moslems kill Christians, Jews kill Moslems, Moslems kill Moslems, Jews are killed by Moslems, Russians kill Ukrainians, Ukrainians kill Russians, hip hoppers kill rappers, and cell phone radiation kills kids.


In fact, American funding of all our foreign enemies will end and Obama will no longer accept speaking engagements from any nation that has the audacity to ask us for handouts, and that does not have modern golf courses, although not necessarily in that order.


As for the home front here in the colonies, the Puffball has that all figured out as well.  The new Obama domestic policy is Selective Socialism Works Best, a new call to arms for all the Liberals who are bent out of shape by the bizarre Obama style of socialism.


Puffy encourages disenchanted liberals to pull up their skirts and focus on the possible like keep the news media attention on Gay Marriage so they don't look too close at failed health care.  Keep the attention on voting rights for illegal immigrants so the news media won't look too close at the collapsing education system.


There will be a new two-tiered wealth redistribution program 1.) from the Middle Class to the poor, 2.) from the Middle Class to the rich.


The new left motto is to be - Deconstruction rather than Resurrection - meaning I guess you have to die before you can be saved.


Other gems from the new Obama strategy include the Timothy Leary waiver of liability to any drug (pharmaceutical) corporation, selling legal or illegal drugs that are guaranteed to make people feel happy for as long as they remain under doctor's care, or induce forgetfulness on the addict that can be diagnosed as Alzheimer's disease thus making it eligible for lifetime medical assistance from Medicare.


Of course corrupt bankers, financial managers, home mortgage executives, auto industry executives, union bosses, lobbyists, politicians, Wall Streeters, MSNBC mouthpieces and Ivy League teachers and graduates still in good standing with the Obama Campaign Committee retain their shield of immunity until the end of the End of Days.


Finally, priority for White House party bookings will be given to any musical acts on the endangered species list that are threatened by bar fights, night club shoot outs, inflammatory lyrics, immoral actions or friendship with Justin Beiber or Miley Cyrus.  I mean if Obama saves all those billions in foreign policy flops some should go to the personal enjoyment and gratification of those card carrying members of the White House hood.                  

Thursday, May 08, 2014

The Games People Play Part 2 - Military Medical Care - Vets to Active Duty

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Oh the Games People Play Now

Every night and every day now
Never meaning what they say now
Never saying what they mean now


Once upon a time there was no higher honor in America than to be a member of the armed forces.  But little and long wars have a way of desensitizing people to the dangers, the deaths and the casualties of war.


I remember after World War II that we celebrated our veterans and their role in world peace every year and multiple times a year during holidays, parades, and the many air and military shows that were ever present.



As a kid of a veteran we grew up to know every battle in every war our parents had fought in and we were thrilled to go to the military air shows and parades where all the planes and equipment that protect our parents was on display.



Over time the Korean War stalemate seemed to dampen the enthusiasm for the military and by the time college came and brought Vietnam there seemed to be no sense in why we were fighting wars as 55,000 of our classmates died.




America had become split.  And the more and more we learned about the war the more the prestige of the military, the intelligence agencies and our federal government lost popularity.


Then came 9/11 and the World Trade Center destruction and suddenly the nation rallied around the military and the government once more.  Faulty intelligence led to the invasion of Iraq and God only knows what led to the invasion of Afghanistan and we were suddenly pinned down into two wars without logic, without purpose and without the support of the nation.


Most certainly the arms industry, what President Eisenhower warned about when he said the military-industrial complex could become our biggest enemy against peace, has profited from these and every other war the last few centuries.


So have the financial institutions and Wall Street.


But the endless wars seemed to sap the enthusiasm of the public and suck the money out of our economy that was desperately needed for some crucial services.  While we were spending billions of dollars every year fighting wars that could never be won back home our infrastructure like roads, bridges, sewer and water systems, power plants, even the schools where we sent our children, were falling apart by American standards.

When the budget is tight it seems greed always profits at the expense of the people.


Our twin wars brought out greed to a brazen degree never seen before as millions and even billions of dollars in military, foreign aid and intelligence spending disappeared somewhere between America, Iraq, Afghanistan and the pockets of the rich.

What was our reward?  A housing, banking, automobile and stock market crash in 2008 that nearly wiped out what little assets the middle class had to begin with.  So we were the victims of lousy government and the victims of unscrupulous hucksters in the housing, financial and banking industry.


What happens next?  Well us victims, thanks to the omnipotent wisdom of Washington, use our money to bail out the bankers, bail out the brokers, bail out the unethical auto people, bail out crooks and creeps of all manner of dress, status and income.


But all that is behind us now.  Except there is a problem with the very government leading us down the path of self-destruction.  Thank Divine Providence our leaders are so busy name calling and fighting that nothing happens in our Capitol since they are too busy stealing our capital to cause us more problems.


Then we find out the Veterans Administration, another of those agencies President Obama is responsible for until the buck is passed to him at which time he passes it back like a hot potato, well we find out the Obama Vet gang is killing our soldiers.


Seems the Veterans Administration has hospitals that created secret lists so they could improve their election year statistics.  Many of  those vets in need of life saving treatment are refused treatment by the hospital regardless of the seriousness of the condition and told to get on the primary physician care waiting list, thus there is no backlog of hospital cases.

In the Phoenix VA hospital alone it is alleged over 40 real people were refused emergency treatment by the hospital and moved to the secret list of those waiting to see VA primary care doctors.  They have now disappeared from the secret waiting list, allegedly, because the 40 have died waiting to be seen by doctors.


Seems a bunch of other VA hospitals might have done the same thing perhaps to make the Administration look good during the fall elections.  These actions, like a host of other acts swept under the rug by the Administration and the Administration press agency, the national news media, shed a disturbing light on the underbelly of the beast we call the US government.



You see, this is not just a policy dispute or a partisan blow up, this is criminal bordering on murder.  You can bet the spin doctors will be burning the midnight candle once again.


And speaking of doctors, stay tuned for one of my next articles, again trying to shed light on the lousy way we treat our military and vets, and my analysis of the health treatment of our veterans while in the service where they supposedly get the best medical help available yet it seems they are virtually lab rats rather than patients.