Tag Archives: American Ruling Class

The Fundamental Characteristic that Recommends Janet Yellen

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“We expect an ever more emphatic stream of double-talk and market manipulations as the final acts of this tragedy play out. First, a Wall Street Party and then … the ruinous aftermath. And throughout this scenario, the constant, delusional drip of increasingly unmoored statements about the Fed’s competence and the government’s efficiency generally. Somehow the eventual unwinding of these trillions shall be blamed on the private markets and as everything crashes down, those at the top will suggest a new and even more globalized system using the strategies that have created such domestic havoc.”

http://www.thedailybell.com/news-analysis/34763/The-Fundamental-Characteristic-that-Recommends-Janet-Yellen/

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Geithner Joins the Wall Street Party

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“He made sure of the solvency of Wall Street and of the City and having done this for four years – and no doubt seeing that the situation was deteriorating further – he decided to head for the exit. He has moved on to take the presidency of a white shoe Wall Street firm specializing in start-up investments. It is his first ‘private sector’ job, we’re told, but one he will be good at because of his work ethic and ‘commitment to leadership.’.  We’ve been discussing the upcoming Wall Street Party, one Geithner is inviting himself to.  Warburg Pincus is a big player in venture capital investing with a main focus, according to various reports on the company, in the areas of energy, technology and healthcare.”

http://www.thedailybell.com/news-analysis/34761/Geithner-Joins-the-Wall-Street-Party/

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Meet The ‘Assassination Market’ Creator Who’s Crowdfunding Murder

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“According to Assassination Market’s rules, if someone on its hit list is killed–and yes, Sanjuro hopes that many targets will be–any hitman who can prove he or she was responsible receives the collected funds.  For now, the site’s rewards are small but not insignificant. In the four months that Assassination Market has been online, six targets have been submitted by users, and bounties have been collected ranging from ten bitcoins for the murder of NSA director Keith Alexander and 40 bitcoins for the assassination of President Barack Obama to 124.14 bitcoins–the largest current bounty on the site–targeting Ben Bernanke, chairman of the Federal Reserve.”

http://www.forbes.com/sites/andygreenberg/2013/11/18/meet-the-assassination-market-creator-whos-crowdfunding-murder-with-bitcoins/

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Ron Paul: Federal Reserve Steals From the Poor and Gives to the Rich

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“As recently as five years ago, it would have been unheard of for a Wall Street insider and former Fed official to speak so bluntly about how the Fed acts as a reverse Robin Hood. But a quick glance at the latest unemployment numbers shows that QE is not benefiting the average American. It is increasingly obvious that the Fed’s post-2008 policies of bailouts, money printing, and bond buying benefited the big banks and the politically-connected investment firms. It would be a mistake to think that QE is the first time the Fed‘s policies have benefited the well-to-do at the expense of the average American. The Fed’s polices have always benefited crony capitalists and big spending politicians.”

http://www.thedailybell.com/editorials/34757/Ron-Paul-Federal-Reserve-Steals-From-the-Poor-and-Gives-to-the-Rich/

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What Janet Yellen Will Host and Why

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“During her confirmation process, Yellen will give a spirited defense not only of money printing but of her own moral probity and will be clear that she views her life as one sanctified by public service. Whether she has devoted her life to a ruinous enterprise will not be discussed. Certainly the larger game will not be revealed. But hidden behind the policy discussions and concern over employment is the surety that Yellen will start her term by continuing to print vast gouts of money. This money will find its way into the stock market just as intended, continuing to create mountainous stock market averages and then eventually an equity mania.”

http://www.thedailybell.com/news-analysis/34752/What-Janet-Yellen-Will-Host-and-Why/

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Convenient Illusions: The 12 Regional Federal Reserve Banks

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“What is the function of the regional Federal Reserve banks? They are primarily political. They were specifically set up to provide the illusion of regional control, when in fact the Federal Reserve System is a true central bank, with the powers associated with all national central banks. The central bank creates the monetary base on which commercial banks make loans. The regional Federal Reserve banks do not do this. The regional Federal Reserve banks are now, and have always been, a convenient illusion for misleading taxpayers and voters into believing that the Federal Reserve System is not a central bank, with all of the authority, power, and cartel control of all other central banks.”

http://www.garynorth.com/public/11737.cfm

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U.S. Deal With JPMorgan Followed a Crucial Call To Justice Department

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“On Sept. 24, four hours before the Justice Department was planning to hold a news conference to announce civil charges against the bank over its sale of troubled mortgage investments, Mr. Dimon personally called one of Attorney General Eric H. Holder Jr.’s top lieutenants to reopen settlement talks, people briefed on the talks said. The rare outreach from a Wall Street C.E.O. scuttled the news conference and set in motion weeks of negotiations that have culminated in a tentative $13 billion deal.  An account of the negotiations pulls back a curtain on the private wrangling to illuminate how the bank and the government managed to negotiate what would be a record deal.”

http://dealbook.nytimes.com/2013/10/20/u-s-deal-with-jpmorgan-spurred-by-a-phone-call/?_r=0

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Alexis Breaks Down The $13 Billion Chase Settlement

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“Today, we’ll be talking about the Department of Justice’s proposed settlement with JP Morgan Chase for $13 Billion.  This settlement is about making a number of open investigations and lawsuits go away. Now the good news is the settlement does NOT immunize JPMorgan from future criminal charges, but you should know that Jamie Dimon, the CEO of JPMorgan Chase has been getting really cozy with US Attorney General Eric Holder. He’s been hacing personal phone calls with Holder and staff at the Justice Department since as early as July, negotiating his own settlement, as the NYTimes reported.”

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Hillary Clinton’s Lucrative Goldman Sachs Speaking Gigs

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“Hillary Clinton spoke at two separate Goldman Sachs events on the evenings of Thursday, October 24 and Tuesday, October 29. As both Politico and the New York Times report, Clinton’s fee is about $200,000 per speech, meaning she likely netted around $400,000 for her paid gigs at Goldman over the course of six days.  Keeping close to the investment world, Clinton also made visits to private-equity firms KKR in July and the Carlyle Group in September.”

http://www.nationalreview.com/corner/362637/hillary-clintons-lucrative-goldman-sachs-speaking-gigs-alec-torres

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Senator Diane Feinstein’s Husband Selling Post Offices to Cronies, Cheap

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“The husband of powerful Senator Diane Feinstein, Richard Blum, is feeding at the Postal Service privatization trough. Blum is the chairman of C.B. Richard Ellis (CBRE) which has the exclusive contract to handle sales for the Post Office’s $85 billion of property.  CBRE is tasked with selling properties at market value or higher. But who determines what market value is? CBRE. So the fox is officially running the henhouse.  [Investigators] filed a FOIA to try to obtain the appraisals. The Post Office refused, with the intelligence-insulting excuse that the appraisals were commercially sensitive and were comparable to national security secrets.”

http://www.nakedcapitalism.com/2013/09/senator-diane-feinsteins-husband-selling-post-offices-to-cronies-on-the-cheap.html

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