The Banksters...Orwell would be proud!
By louisehartmann
It's been reported that 25 Wall Street banksters, most of them hedge fund managers, had a private meeting Thursday with two powerful Republican lawmakers: Senate Minority Leader Mitch McConnell, and John Cornyn, the senior senator who heads the National Republican Senatorial Committee, one of the primary fundraising arms of the Republican Party. McConnell then called a press conference and lied that re-regulation of the banksters would lead to another “too big to fail” bailout, even though the regulation explicitly forbids future bailouts. The Frank Luntz inspired McConnell-Bankster calculation is the Americans are really uninformed, and the tea partiers can be turned into shills for the biggest corporations and the millionaires and billionaires who run them. Are they right? Orwell would be proud!
Comments
#2
I came across an extremely interesting article today.
http://www.businessinsider.com/11-examples-of-recent-corruption-on-wall-...
11 Examples Of How Insanely Corrupt The U.S. Financial System Has Become
Read more: http://www.businessinsider.com/11-examples-of-recent-corruption-on-wall-street-2010-4#gold-deposits-with-no-relation-to-actual-gold-2#ixzz0lCAQFDO8
It has also now come out that most "gold" that is traded on the markets is not backed by the actual metal itself. For years, most people have assumed that the London Bullion Market Association, the world's largest gold market, had actual gold to back up the massive "gold deposits" at the major LBMA banks. But that is not the truth at all. Industry insiders are now revealing that LBMA banks actually have approximately a hundred times more gold deposits than actual gold bullion. When most people think they are buying gold what they are actually buying is pieces of paper that say that they own gold. Meanwhile they are being charged huge storage fees to store the gold.
Read more: http://www.businessinsider.com/11-examples-of-recent-corruption-on-wall-street-2010-4#gold-deposits-with-no-relation-to-actual-gold-2#ixzz0lCAQFDO8This is just the number two item. The article is fast reading, and oh so clear. Don't miss it.
#3
Great pictures (via Buzz Feed) of Boston Tea Party rally that you wont see on the news. Great pics Yay Boston
The Best Fake Teabagger Signs at the Boston Common Tea Party: Pics, Videos, Links, News
#4
#5
Information is King and getting the "right" information to people is easy. Here are some basic steps how the Super rich control:
- Create an environment in which speculation eventually raises the price of everything (housing, etc.)
- Get people to spend more time working to earn enough to live thus taking away their time to think independently.
- Tell the people that it is the Administration's fault that they have to work so hard and earn so little
- Have perfect controllable low information voters to do your bidding.
It is truly unfortunate how the masses are being hoodwinked.
#6
If you lived through Watergate it was SO obvious to all but about 25% of the population Nixon was lying. I wondered then why respectable journalists and news organizations uncritically reported what he said . But then, that's what usually passes as "news"
And it is with the Tea Parties.
At what point should respectable news organizations stop reporting what are clearly lies and smears of the Tea Party as if they represent some valid political perspective?
Lies should be EXPOSED, not given equal time.
Thom's Blog Is On the Move
By webmaster
Hello All
Thom's blog in this space and moving to a new home.
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