I’ve repeatedly pointed out that Wall Street executives are incentivized to lie, cheat and steal. So – of course – they will continue to lie, cheat and steal.
I’ve repeatedly noted that Wall Street owns the politicians:
- Lobbyists from the financial industry have paid hundreds of millions to Congress and the Obama administration. They have bought virtually all of the key congress members and senators on committees overseeing finances and banking. The Congress people who receive the most money from lobbyists are the most opposed to regulation. See this, this, this, this, this, this, and this.
- Obama received more donations from Goldman Sachs and the rest of the financial industry than almost anyone else
- Summers and the rest of Obama’s economic team have made many millions – even in the first few months of being appointed, or right beforehand – from the financial industry
Continue reading Insider Trading Rules Don’t Apply To Congress
By: Melanie Hunter at cnsnews.com
(CNSNews.com) – Delaware has fully enrolled a total of only four people in Obamacare as of Tuesday, but the state spent $4 million on four community organizations to provide marketplace guides – a cost of $1 million per enrollee. Click here to finish reading at cnsnews.com
By: Randall Hill
Below is a letter from a single mom in Texas to our Dear Leader.
Dear President Obama,
I wanted to take a moment to say thank you for all you have done and are doing. You see I am a single Mom located in the very small town of Palmer, Texas. I live in a small rental house with my two children. I drive an older car that I pray daily runs just a little longer. I work at a mediocre job bringing home a much lower paycheck than you or your wife could even imagine living on. I have a lot of concerns about the new “Obamacare” along with the taxes being forced on us Americans and debts you are adding to our country. I have a few questions for you Mr. President.
Have you ever struggled to pay your bills? I have.
Have you ever sat and watched your children eat and you eat what was left on their plates when they were done, because there wasn’t enough for you to eat to? I have.
Have you ever had to rob Peter to pay Paul, and it still not be enough? I have.
Have you ever been so sick that you needed to see a doctor and get medicine, but had no health insurance because it was too expensive? I have.
Have you ever had to tell your children no, when they asked for something they needed? I have.
Have you ever patched holes in pants, glued shoes, replaced zippers, because it was cheaper than buying new? I have.
Have you ever had to put an item or two back at the grocery store, because you didn’t have enough money? I have.
Have you ever cried yourself to sleep, because you had no clue how you were going to make ends meet? I have.
My questions could go on and on. I don’t believe you have a clue what Americans are actually going through and honestly, I don’t believe you care. Not everyone lives extravagantly. While your family takes expensive trips that cost more than most of us make in two-four years, there are so many of us that suffer. Yet, you are doing all you can to add to the suffering. I think you are a very selfish and cold hearted man, who does not care what is best for the people he was elected by (not by me) to represent, but more so out for the glory of your name attached to history. So thank you Mr. President, thank you for pushing those of us that are barely staying afloat completely under water and driving America into the ground. You have made your mark in history, as the absolute worst and most hated president of the United States. God have mercy on your soul!
By: Anthony Gucciardi at infowars.com
Award winning scientist David Suzuki has gone on record in a public talk posted online just days ago in saying that in the event of another seven or above earthquake, which he says has about a 95% chance of occurring over the next three years, it would mean a complete evacuation of North America and ‘bye bye Japan’.
“I have seen a paper which says that if in fact the fourth plant goes under in an earthquake and those rods are exposed, it’s bye bye Japan and everybody on the west coast of North America should evacuate,” he said. Click here to finish reading at infowars.com
With deals from London to Singapore, China is seeking a greater role for its yuan currency in global markets to challenge the hegemony of the almighty dollar.
The most attention-grabbing reform planned for Shanghai’s new free trade zone is free convertibility of the yuan — also known as the renminbi, or “people’s money” — an unprecedented change which would allow greater use of the currency. Click here to finish reading
By: Randall Hill
Turn on any radio show or news program and you’ll hear nothing but talk of Obamacare and what a disaster it is. That’s all well and true, but it’s not the only battle being waged against America.
The ruling elite in Congress and Obama are now setting their sights on amnesty for illegal aliens. As usual, big business is backing amnesty efforts. And why not, when they can hire penniless immigrants that will work cheaper than Americans. The Obama regime sees it as a chance to sign up millions of permanent voters for the Democrat Party, effectively putting an end to the Republican Party on the national stage.
But why would Republicans go along with this after Mitt Romney only garnered 23% of the Latino vote in the 2012 Presidential election? You have to follow the money. The establishment Republicans only care about getting re-elected, and to get re-elected, they must obey their masters in big business. From McClatchydc.com:
The high-wattage names involved go beyond Bloomberg and Zuckerberg. Partnership for a New American Economy, led by Bloomberg, also includes Steve Ballmer of Microsoft, Rupert Murdoch of News Corp., and Bill Marriott of Marriott hotels. Zuckerberg’s group, FWD.us., includes Napster co-founder Sean Parker and LinkedIn co-founder Reid Hoffman.
Zuckerberg told members of Congress recently that he plans to spend $50 million on advertisements supporting members of Congress who back an immigration overhaul and pressuring others who may be on the fence.
But that’s not the only angle being worked. Many churches, including the Catholic Church, have been pushing hard for amnesty for quite some time. From a recent breitbart.com article:
Last week, the Catholic Church announced a massive, coordinated effort to press Congress to pass comprehensive immigration reform, including a pathway to citizenship. Catholics make up the largest single religious group in Congress.
“We want to try to pull out all the stops,” Kevin Appleby, the director of migration policy at the United States Conference of Catholic Bishops, told the New York Times. Appleby said the immigration issue was at a now-or-never moment. “They have to hear the message that we want this done, and if you’re not successful during the summer, you’re not going to win by the end of the year.”
The Church is planning advertising, phone calls and marches targeting 60 Catholic House Republicans. Over 130 members of the House are Catholic, including Speaker John Boehner.
And don’t forget, there are always the global elite who are working tirelessly to bring America down to third-world status. If George Soros is pushing something, it must be bad. From a recent article at nationalreview.com:
The Soros-funded National Immigration Forum (NIF) organized today’s “fly-in” of some 600 people to lobby House Republicans to pass the Schumer-Rubio amnesty bill (which Senator Rubio himself has now disavowed). It started with a two-hour teach-in at the U.S Chamber of Commerce, with the usual suspects saying the usual things.
With jobs disappearing by the millions and welfare rolls increasing exponentially, the last thing the taxpayers of this country need are more mouths to feed.
And that would be the end-result- More people on the government dole, leading to a faster collapse of our once-great economy.
By: F. Michael Maloof of wnd.com
WASHINGTON – After multiple top generals described to WND what they regard as a full-scale “purge” of the U.S. military by the Obama administration, the commander of U.S. Army Garrison Japan was summarily relieved of duty and his civilian deputy reassigned, pending a “misconduct” investigation. Click here to finish reading at WorldNetDaily.com
By: Cheryl K. Chumley at thewashingtontimes.com
Only 23 percent of 409 New York doctors queried by the State Medical Society said they’re accepting patients who have enrolled in an Obamacare health exchange-
“This is so poorly designed that a lot of doctors are afraid to participate,” said Dr. Sam Unterricht, the president of the New York State Medical Society, an organization with 29,000 members, in The New York Post. “There’s a lot of resistance. Doctors don’t know what they’re going to get paid.” Click here to finish reading at thewashingtontimes.com
By: Paul Joseph Watson at infowars.com
A Louisiana, Missouri father was prevented from saving his 3-year-old son from a house fire when cops tased him three times for attempting to enter the burning building.
The fire started in a ground floor play room while the parents were asleep in the living room. The toddler was asleep upstairs in his bedroom.
After waking up to the smell of fumes, the parents managed to get outside before calling 911. Stepfather Ryan Miller then kicked down the front door to the building as police and firefighters arrived.
The house was too hot for firefighters to enter, but when Miller attempted to rush in to try and save his stepson, he was restrained and then tased three times by a city police officer.
“He tried to get back in the house to get the baby,” grandmother Lori Miller told KHQA. “They took my son to jail because he tried to save his son.”
3-year-old Riley Miller was later found dead near the doorway to his bedroom and the house was completely destroyed. Click here to finish reading at infowars.com
By: Randall Hill
Growing up, the biggest worry my generation had was an inevitable nuclear war with the Soviet Union. The “Evil Empire” had to be stopped at all costs. When the “Iron Curtain” fell in 1989, our worries were supposed to be over. America could cut defense spending, pay down our debt, and we could all enjoy life, liberty, and the pursuit of happiness. But it was not to be.
The U.S. continued to accumulate debt, and is now the greatest debtor nation in the history of the world.
The government continues to print fiat currency at a staggering $80 billion per month in an effort to keep our teetering economy from crashing.
All that cheap money floating around is taking its toll on the middle class.
The U.S. government reported that the inflation rate was 1.2% in Sept. 2013. I guess those particular economists haven’t been to the grocery store or bought a set of tires lately. According to shadowstats.com, the real inflation rate is above 10%.
From a recent zerohedge.com article:
The Fed’s bifurcated approach to inflation and wages has devastated the middle class over the past decade, not at one fell swoop, but in tiny increments, year after year, in a planned disciplined manner that makes hyperinflation unlikely. Declining real wages result in declining purchasing power. The hole is often filled by using credit cards. But the ensuing pile of costly debt only makes the problem worse. Squeezed from all sides, homeowners find that mortgage payments get harder to make, not easier. And they join the ranks of the losers among the debtors.
As wages stagnate and inflation rises, many families are tumbling out of the middle class. From a 2012 breitbart.com article:
Consider the price increases in the commodities market from the beginning of 2009 to today:
Heating Oil +155%
Natural Gas -45%
Orange Juice +56%
With inflation obviously out of control, the mainstream media continues to tell the dumbed-down masses that prices aren’t rising. From a recent reuters.com article:
The Labor Department said on Wednesday its Consumer Price Index increased 0.2 percent last month as energy prices rebounded, after edging up 0.1 percent in August.
In the 12 months through September, the CPI increased 1.2 percent, the smallest gain since April. It had advanced 1.5 percent in August.
From a recent New York Times op-ed:
For at least three years, right-wing economists, pundits and politicians have been warning that runaway inflation is just around the corner, and they keep being wrong. Do you remember the tirades about “debasing the dollar” around this time last year? Do you remember the scorn heaped on Mr. Bernanke last spring when he argued that the bulge in inflation taking place at the time was just a temporary blip caused by gasoline prices and would soon recede? Well, he was right. At this point, inflation is once again running a bit below the Fed’s self-declared target of 2 percent.
It’s plain to see the Obama Administration and its controllers are waging a constant information war against the American people. Administration officials and their mouthpieces in the media tell the public there’s no inflation, while their purchasing power rapidly disappears right in front of their eyes.
When the Obama globalist machine is done, there won’t be a middle class. There will be the ruling elite and the dependent class, and America will have taken a big step backward.
French riot police fired tear gas at thousands of demonstrators in north-west France on Saturday, after some protesters hurled stones and iron bars at them in a rally against a controversial green tax and layoffs. Click here to finish reading
By: Randall Hill
In his continued effort to weaken the United States, Barack Obama is purging the military of its best and brightest leaders. Not only are top generals being fired under suspicious circumstances, but many officers of lower rank are getting the boot as well. This is disturbing to many retired military leaders as well as the current enlisted men. From theblaze.com:
Nine senior commanding generals have been fired by the Obama administration this year, leading to speculation by active and retired members of the military that a purge of its commanders is underway.
Retired generals and current senior commanders that have spoken with TheBlaze say the administration is not only purging the military of commanders they don’t agree with, but is striking fear in the hearts of those still serving.
It appears that any military leader who questions or disagrees with policies meant to weaken the U.S. gets their walking papers. The Obama Administration will soon have a new group of leaders in place in key positions in the military that will gladly obey any order he hands down- no questions asked- the Constitution be damned. From a recent infowars.com article:
Retired Army Maj. Gen. Patrick Brady says that the attack on high level military personnel is so great that it has now obliterated the morale of troops at large, but is more importantly centered in terminating any high level individual that will not go along with the plan.
“There is no doubt he (Obama) is intent on emasculating the military and will fire anyone who disagrees with him,” the retired general told WND.
General Brady’s admission comes just after two of the top nuclear commanders in the United States were terminated and suspended amid the high level military intelligence we released surrounding the secret transfer of nuclear weapons from a Texas Air Force base to South Carolina. And while the terminations were originally reported on by the Associated Press, who has been covering the issue in depth and even hinting towards our coverage of the missing nuke within their reports, it was revealed by the agency that the terminations and suspensions were actually found out through leaked emails.
From a recent worldnetdaily article:
Army Major Gen. Paul E. Vallely similarly has been very vocal in his opposition to the Obama administration.
Vallely said the White House won’t investigate its own officials but finds it easy to fire military commanders “who have given their lives for their country.”
“Obama will not purge a civilian or political appointee because they have bought into Obama’s ideology,” Vallely said. “The White House protects their own. That’s why they stalled on the investigation into Fast and Furious, Benghazi and Obamacare. He’s intentionally weakening and gutting our military, Pentagon and reducing us as a superpower, and anyone in the ranks who disagrees or speaks out is being purged.”
Regardless of how you feel about America’s foreign policy or playing policeman for the world, the astounding loss of leadership in the military should scare the heck out of every American.
By: Randall Hill
The boost in food stamp payments that started early in the recession expired yesterday. Millions will head to the store today and will be disappointed to see that their food stamp allotment has been cut. They will search for someone to blame, anyone except their lord and savior Obama. Most of them are ”dependency lifers” who expect their freebees to increase, not decrease.
The food stamp program is supposed to be a temporary safety net for families that have fallen on hard times, but instead has created generations of dependents. With the true inflation rate at 8% for the past 3 years, buying food has become tough for many. This will be a campaign issue in coming elections, giving Democrats ammo and helping get out the vote in their favor. From a recent article at FoxNews.com:
The move to cut back benefits will be the first wide-scale change to the program affecting nearly every single participant. The 13.6 percent cut comes out to about $36 a month less for a family of four getting government assistance or $420 a year, according to the Department of Agriculture.
With Congress working on a farm bill that includes cuts for the food stamp program, more pain may be on the way for the dependent class. From a recent ABCNews article:
“Charities cannot fill the gap for the cuts being proposed to SNAP,” said Maura Daly of Feeding America, a network of the nation’s food banks. “We are very concerned about the impact on the charitable system.”
Daly says food banks may have to as much as double their current levels of distribution if the House cuts were enacted. The Congressional Budget Office says as many as 3.8 million people could lose their benefits in 2014 if the House bill became law.
Cuts to the food stamp program are a move in the right direction for our debt-ridden nation, but those feeling the pain may not agree. And there is much more pain on the way.
By: Michael Snyder at thetruthwins.com
Every single day, 300 tons of radioactive water from Fukushima enters the Pacific Ocean. That means that the total amouont of radioactive material released from Fukushima is constantly increasing, and it is steadily building up in our food chain. Ultimately, all of this nuclear radiation will outlive all of us by a very wide margin. They are saying that it could take up to 40 years to clean up the Fukushima disaster, and meanwhile countless innocent people will develop cancer and other health problems as a result of exposure to high levels of nuclear radiation. We are talking about a nuclear disaster that is absolutely unprecedented, and it is constantly getting worse. The following are 28 signs that the west coast of North America is being absolutely fried with nuclear radiation from Fukushima…