Tag Archives: White Shoe Boys

The Republican Party’s Slave Labor Lobby

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“For several years, high-profile Republican lobbyists, led by former Christian Coalition leader Ralph Reed and convicted felon Jack Abramoff have used their influence to exempt the Marianas – especially Saipan – from minimum wage laws and other workplace regulations. This has benefited a Chinese-owned fabric consortium that uses slave labor – mostly female workers.  Owing to the influence exercised by Reed and Abramoff, the clothing manufactured in Saipan is labeled ‘Made in USA.'”

http://prolibertate.us/index.php/the-republican-party-s-slave?blog=7

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World’s Top Hedge Fund Manager On Why You Need to Own Gold

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“Ray Dalio, net worth $10 billion, manages the worlds largest hedge fund, Bridgewater Associates. According to Forbes, the hedge fund has ‘continued to post spectacular results in 2011 even as the average hedge fund lost money’.  Here’s what Dalio has to say about gold in his latest investment letter.”

http://www.economicpolicyjournal.com/2012/09/worlds-top-hedge-fund-manager-on-why_7.html

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Reality Check: DNC Runs Over Delegates With Scripted Platform Vote

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“Ben Swann Reality Check looks at how the DNC scripted a vote to change the party’s platform one week after the Republican leadership did the same thing at the RNC.”

http://www.youtube.com/watch?v=HmaE2Aez_XY

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The Real Reverse Robin Hood: Ben Bernanke and his Merry Band of Thieves

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“Amidst electioneering chatter about a ‘reverse Robin Hood’ who steals from the poor to give to the rich, it’s important to identify the real Reverse Robin Hood: Ben Bernanke and his Merry Band of Thieves, a.k.a. the Federal Reserve. It’s especially appropriate to reveal Ben as the real Reverse Robin Hood today, as the Chairman is as omnipresent in the media as Big Brother due to the Cargo-Cult confab in Jackson Hole, Wyoming.  Please answer the following questions before launching a rousing defense of the All-Powerful Fed and its chairman.”

http://charleshughsmith.blogspot.com/2012/08/the-real-reverse-robin-hood-ben.html

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The History of the Rockefeller World Empire

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“The folks over at n+1 have a review of Inderjeet Parmar’s new book, Foundations of the American Century: The Ford, Carnegie, and Rockefeller Foundations in the Rise of American Power, an intriguing history of how the Rockefeller World Empire came to use America to rule the world as the foundations came to create and dominate ‘policy’ in the 1930s and 1940s.  The creation of area studies programs were part of the American imperial project, and always have been.”

http://www.lewrockwell.com/blog/lewrw/archives/118950.html

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The Power Elite-Obama Connection

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“I have already pointed out the curious fact that President Obama’s mother and Treasury Secretary Timothy Geithner worked together in Asia, with Geithner’s father being Obama’s mother’s boss.  The Immerwahr essay sheds more light on why this Obama’s mother-Geithner’s father connection is important relative to understanding the power elite—and perhaps how Obama really got to be president.”

http://www.economicpolicyjournal.com/2012/08/the-power-elite-obama-connection.html

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Romney’s New Campaign Plane

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“So this is where Sheldon Adelson’s money is going, Romney’s new campaign plane was spotted Thursday by a producer for CNN, who tweeted a picture of the aircraft.  Sheldon gets a war with Iran and Mitt gets a serious campaign plane. Quite the dealmakers.”

http://www.economicpolicyjournal.com/2012/08/romneys-new-campaign-plane.html

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The Federal Bailout That Saved Mitt Romney

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“Mitt Romney likes to say he won’t ‘apologize’ for his success in business. But what he never says is ‘thank you’ – to the American people – for the federal bailout of Bain & Company that made so much of his outsize wealth possible.  The federal bailout ultimately engineered by Romney screwed the FDIC – the bank insurance system backed by taxpayers – out of at least $10 million. And in an added insult, Romney rewarded top executives at Bain with hefty bonuses at the very moment that he was demanding his handout from the feds.”

http://www.rollingstone.com/politics/news/the-federal-bailout-that-saved-mitt-romney-20120829

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A Brothel for Billionaires

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“Pickens bemoaned the fact that several years ago he could get just six of 51 Senate Republicans to support his natural gas amendment — ‘after all the money I’ve spent on the Republican Party.’  ‘But it sure fixed it,’ Pickens said. ‘I quit spending money on those guys.’  Pickens said he’s staying away from D.C.  ‘I’ve got other things to do and I’m running out of time,’ said Pickens, 84.”

http://www.economicpolicyjournal.com/2012/08/a-brothel-for-billionaires.html

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How Fed stimulus earns a profit for Treasury

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[A primer on how the inflation tax works.]  “Turning a profit for the Treasury Department is certainly not the Fed’s main goal, but it can’t hurt. So how exactly is the Fed making [the Treasury] money?  First, here’s an important distinction: When the Fed buys bonds, it’s not spending the government’s cash. Rather it creates the money itself, basically by electronically crediting the money to banks.  The Fed then earns interest on the Treasuries it holds, and while interest rates are very low, the sheer mass of bonds the Fed holds nevertheless makes for quite a windfall.”

http://economy.money.cnn.com/2012/09/01/how-fed-stimulus-earns-a-profit-for-taxpayers/

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