Of all things that Barack H. Obama has accomplished during his lamentable tenure in the White House he has consistently been able to contort himself into a foot stool for Wall Street. Obama more than anyone is responsible for this rank era of economic malaise, the failure of capitalism and the open season for the finance vampires to feed on the all of the lesser cattle roaming the perimeters of Uncle Sam’s plantation. It was Obama and his slimy consigliere Rahm Emanuel now the Mayor of Chicago who long ago cast their lot with the corrupt banksters. It was he who appointed Timothy Geithner, a reliable bagman for Wall Street as Treasury Secretary and enabled the Federal Reserve’s subsidizing of failed institutions that were able to purchase political clout and push this once great nation closer to the brink of insolvency - if it isn’t already there which is debatable. Despite his silly and focus group tested rhetoric about “hope” and “change” the flim-flam man in chief was only delivering “false hope” and “chump change” to 99 or so percent of American high rollers, while giving the looters and parasites free reign to pillage with aplomb and to give the rest of us the royal shaft.
If the so-called tea party has ever done anything right (and I have yet to see it) I would love to see it be them pushing the country into default and crashing forever the schemes of money changers the like Lloyd Blankfein and his ilk. The unpunished culprits who destroyed the economy and have been coddled by Barry and the boys ever since and the ONLY thing that this type of scum understands is money. Let them lose it out the ass when their rigged markets come crashing down the day after the debt ceiling isn’t raised. Fuck them!
A parade of scum led by Goldman Sachs’ Lloyd Blankfein, JPMorgan Chase’s Jamie Dimon and Bank of America’s Brian Moynihan arrived at the White House on Wednesday to present Barry with his marching orders. Oh lord help us, the sky is falling bleated the swine as the partial government shutdown went into day three. Despite the ongoing political circle jerk it was becoming incresingly possible that a small group of GOP lawmakers are not only going to keep on holding out but also will stick together to nix raising the limit on the national credit card - which should have been cut off long ago. The banksters seem to be getting restive at this point largely because much to their dismay they have run into a small block of resistance that is not susceptible to the standard high finance bribery and threats. From the beltway's ‘inside baseball’ report formally known as Politico there is this interesting bit entitled Government shutdown: Wall Street angry at tea party it has no influence over from which I excerpt:
Wall Street is clear about who’s to blame for the government shutdown and a looming debt default: tea party Republicans.
What’s less clear is what Wall Street can do about it.
The reality is that deep-pocketed financial services executives and their lobbyists have little leverage against tea party lawmakers who don’t much care for financiers or big banks and don’t rely heavily on the industry for campaign cash.
“Those are the ones who are most problematic for Boehner,” one D.C.-based lobbyist who represents financial services clients said of tea party lawmakers. “I don’t think there’s any way for Wall Street to punish the 25 to 50 hard core House Republicans. It’s not like [Reps. Steve] Stockman and Tim Huelskamp are doing a lot of Goldman Sachs events. I don’t think Justin Amash cares if Bank of America gives to him or not.”
The rise of tea party lawmakers’ influence is shift from years past when the Republican party was more business friendly and could be counted on by Wall Street to give great weight to its concerns.
For many members of Congress, wooing wealthy Wall Street donors and financial services PACs is a routine part of their reelection efforts and a source of frustration for industry critics who view this largesse as standing in the way of reforms. The reputation of the banking industry has taken a beating since the financial crisis, but it nevertheless remains a powerful lobbying force in Washington thanks in part to its generous political donations.
But the industry feels powerless when it comes to dealing with some members of the tea party, who are immune from one of Wall Street’s most potent tools: campaign donations.
“The extreme radicals are going to get reelected because they come from districts where they don’t need to raise that much money,” said Greg Valliere, chief political strategist of the Potomac Research Group. “This new tea party movement is not particularly pro-business. They certainly are not pro-Wall Street and pro-big banks. That is a new strain in the Republican party that worries many on Wall Street.”
It seems that some of the big boys in their Wall Street ivory towers, operating with total impunity to swindle the last fraction of a cent out of every living human being and who are above the law thanks to the protection racket that Obama heads may not get the equivalent of the bailout that saved them from their bad gambling bets in 2008. Blankfein, who in any decent society would be rotting in one of the darkest dungeons in the land will find some way to once again fleece the taxpayers in order to fund his Goldman Sachs mega-casino but there may not be the accustomed political cover this time. He and his fellow financial jackals were able to successfully pull off a costly and brilliantly constructed propaganda campaign in the aftermath of the economic crash. This was fully aided and abetted by one Helicopter Ben Bernanke with his “Green Shoots” sloganeering which was enough for the sheep with their 401Ks to go back to their passive willful blindness and just tune out reality and tune in their televisions . Then our prestigious head central banker fired up the printing presses at the Marriner S. Eccles Building for endless Quantitative Easing giveaways to take all of the worthless bad paper of the banksters onto the Fed’s bursting at the seams balance sheet and provide them with even more money to gamble with while Americans lost their jobs, homes, insurance and their hope. It was the greatest crime in the history of the republic and nobody who was responsible ever went to prison let alone received so much as a slap on the wrist by Barry and the boys, only free food and drink on the taxpayer tab as they defiled the White House with their presence to one more time hold out their hats.
The “Oracle of Omaha” himself Warren Buffet once referred to Wall Street derivatives as financial weapons of mass destruction, let’s see the well dug in tea party renegades be the ones who do the world a favor and set it off, bringing down all of their illicit bets upon their heads and their corrupt system of financial fraud along with it. Like one of those cleansing rains of biblical proportion. Granted, that it will be rough for awhile but perhaps it will allow for a reset of what were supposed to be the free markets of capitalism. In the process of reconfiguring the system, restoring the rule of law along American credibility and free enterprise. There could be search parties sent forth to dig through the rubble and find the scoundrels responsible for the collapse. The lines to the guillotines could begin forming up at the ass end of that golden calf of a bull statute that sits at the foot of Wall Street.
Oh, and the service academy college football teams will play on Saturday - nice to see where our priorities lie.
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