I rather routinely call Obama the F-word. No, not that F-word (although the ability to resist doing so is dwindling); the other F-word: Fascist. Barack Obama is a fascist.
I have had quite a few liberals fixate on this word, and – while ignoring the rest of my arguments – proceed to give me a lecture about how my extremism undermines my positions and arguments (which they don’t bother to consider).
I’d like to respond to that. At length.
There are many who would argue that if a politician is not as rabid as Adolf Hitler, that one cannot use this label of “fascist” – at least not unless the target is a Republican (see below). Barack Obama is not a “dictator,” these would argue. He hasn’t launched the world into global war and he hasn’t murdered 6 million Jews (at least, he hasn’t yet). So he can’t be a “fascist.” This argument fails on two parts. First of all, by such a metric, Benito Mussolini wouldn’t be a “fascist” either (except for the “dictator” part). One of the reasons it is hard to have an easy definition of “fascist” is because fascism has taken a different character in every country and culture in which it has been embraced. Hitler is not the norm or standard of fascism; he is merely the most extreme example of its virulence and danger. Secondly, even if we were to take a Hitler as our example, let us realize that Adolf Hitler was a very cunning politician who managed to gain power in a Germany that was THE most sophisticated, educated and scientific nation and culture of its day. What I am asserting is that if an Adolf Hitler were to run for the presidency of the United States in 2012, he would run a platform that we could very easily label as “hope and change,” he would demagogue his adversaries as being the cause for the nation’s plight, he would lie both cynically and outrageously to win votes and he would then proceed to push the country as far as he possibly could toward his agenda. And so here, from the outset, I am claiming that the suggestion that either Barack Obama or anyone else does not qualify as a “fascist” simply because he or she can’t be directly compared to Adolf Hitler is nothing but a straw man.
The question thus becomes, what is fascism, and then it is what is Obama steering us toward?
Before I answer that, allow me to respond to liberals who denounce me for using the label “fascist” to describe Obama by pointing out that when liberals point a finger at me for denouncing Obama as a fascist, three fingers are pointing back at them. And frankly a lot more than just three fingers. Oh, yes, a WHOLE lot more.
Allow me to simply quote a self-described leftist socialist (i.e., “Socialist Worker”) for a rather blanket and categorical admission:
THE WORD “fascism” is used broadly on the left as a term of abuse. Sometimes it is used to refer to any repressive government, whatever its political form. Most commonly on the left in the U.S., it is used to describe any Republican government–in particular, any Republican government or candidate on the eve of a presidential election.
As an experiment, I typed the words “Bush fascist” and then “Obama fascist” sans quotes. I got 3,280,000 Google hits for Bush fascist (and keep in mind an awful lot of hits would have vanished in the last 11 years as domains purged articles or simply ceased to exist) versus only 2,490,000 for Obama. That means liberals were over 45% more likely to call Bush a fascist than conservatives have been to call Obama one.
And when these liberals express their outrage that I would dare call Obama a fascist and thus lower the discourse, I invariably ask them just where the hell they were when their side was teeing off on Bush for eight unrelenting years of Bush derangement syndrome??? It was rare indeed to see a liberal excoriate his fellow liberals for demonizing the president of the United States.
With all due respect, the left started this form of “discourse.” They turned it into an art form. And how dare these hypocrites dare to tell me not to do unto Obama as they did unto Bush???
That might only be a rhetorical argument, as two wrongs clearly don’t make a right. But it remains a powerful one. Liberals have forfeited any moral right to criticize conservatives for using their own tactics against them.
But I don’t simply call Obama a fascist because liberals called Bush one. I call him one because he has exhibited all kinds of fascistic tendencies, which I shall in time describe.
Allow me to first correct a common leftist-spread misconception of fascism by again citing the above “Socialist Worker” article:
But fascism has a far more precise definition. Historically, fascism is a far-right movementof the middle classes (shopkeepers, professionals, civil servants) who are economically ruined by severe economic crisis and driven to “frenzy.”
In the brilliant words of Leon Trotsky, fascism brings “to their feet those classes that are immediately above the working class and that are ever in dread of being forced down into its ranks; it organizes and militarizes them…and it directs them to the extirpation of proletarian organizations, from the most revolutionary to the most conservative.”
I have no doubt that the irony of these words were entirely lost to the “Socialist Worker” who wrote the article. But allow me to illuminate it for you: think of the most infamous fascists of all time, the Nazis. What did the word “Nazi” stand for? It was the “acronym for the ‘National Socialist German Workers Party’.” Let me try that again, just in case you missed these precious little details: “National SOCIALIST German WORKERS Party.”
But ask the “Socialist Workers” and they’ll assure you that the “Socialist Workers Party” had absolutely nothing whatsoever to do with Socialist Workers. Because that would certainly be awkward, wouldn’t it???
I point out in a rigorous way more than once in my writings that fascism came squarely out of the leftist intellectual tradition. I have a three-article series different from that article which details how many of the ideological presuppositions of progressive postmodernism invariablylead to fascism, and have dealt with the subject multiple times to document the Nazi fascist citing the same leftist intellectuals (Heidegger, Nietzsche) that the modern leftist intellectuals routinely cite.
It is rather fascinating that “Socialist Worker” would cite as his authority on fascism and who should be labeled as a “fascist” the Marxist thinker . Allow me to provide one counter statement which is based not on the “brilliant words” of a Marxist, but on the plain simple facts:
“Part of the problem in recognizing fascism is the assumption that it is conservative. [Zeev] Sternhell has observed how study of the ideology has been obscured by “the official Marxist interpretation of fascism.” Marxism defines fascism as its polar opposite. If Marxism is progressive, fascism is conservative. If Marxism is left wing, fascism is right wing. If Marxism champions the proletariat, fascism champions the bourgeoisie. If Marxism is socialist, fascism is capitalist.
The influence of Marxist scholarship has severely distorted our understanding of fascism. Communism and fascism were rival brands of socialism. Whereas Marxist socialism is predicated on an international class struggle, fascist national socialism promoted a socialism centered in national unity. Both communists and fascists opposed the bourgeoisie. Both attacked the conservatives. Both were mass movements, which had special appeal for the intelligentsia, students, and artists, as well as workers. Both favored strong centralized governments and rejected the free economy and the ideals of individual liberty. Fascists saw themselves as being neither of the right nor the left. They believed that they constituted a third force synthesizing the best of both extremes” [Gene Edward Veith, Jr., Modern Fascism: Liquidating the Judeo-Christian Worldview, p. 26].
So depending on Leon Trotsky or any other Marxist-inspired academic who merely parrots “the official Marxist interpretation of fascism” has rather serious intellectual drawbacks. And yet that is largely what we get. Far too many American academics wouldn’t be so obvious as to use the phrase, “In the brilliant words of Leon Trotsky,” but they give his ideas, theories and talking points total credence, nonetheless. The term “useful idiots” was literally coined to describe these Western “intellectuals.” And their being “useful idiots” is every bit as true today as it ever was in the past.
Consider the REAL “polar opposite”: American conservatives are capitalists, not socialists. They demand a limited national/federal government, not a massive centrally planned state as does socialism, communism and fascism. They prefer the federalist idea of powerful states’ rights against a weakened federal government, not some all-powerful Führer. And to try to force conservatives into some Nazi mold invariably means either creating straw men arguments or citing irrelevant facts (such as that conservatives favor a large military just like the Nazis did, as though virtually every single communist state does not similarly favor a large military “just like the Nazis did”). If you want an all-powerful national government that gets to decide who wins and who loses, if you want to see a system where you have to come to your government for assistance and resources with all manner of strings attached rather than being allowed to depend on yourself, your family and your community, you should embrace the political left, not the right.
By the way, another favorite idiotic red herring for liberals asserting that “Nazism was right wing” was that the Nazis hated the admittedly left wing communists. But consider the fact that Coke hates Pepsi and Barbie Doll makers hate Bratz Doll makers. Are we supposed to believe that Coke is the opposite of Pepsi as opposed to water, milk or orange juice? The fact of the matter is that Nazis and Soviet Communists hated each other because both movements had a global agenda of totalitarian dominion, and both movements were competing for the same rabidly left wing converts.
Pardon me for the following insult, but the only people who believe garbage arguments like these are ignorant fools who live in a world of straw men. Even if they have the title “PhD.” after their names.
It is for that reason that I can state categorically that Marxism and fascism are not “polar opposites” at all. They are merely two potentially complementary species of socialism. That is why China has been able to easily weave blatantly fascistic (national socialist/corporatist) elements into its Maoist communism. It is also why Joseph Stalin was able to go from being an international socialist (i.e. a communist) and then appeal to nationalism (i.e., national socialism or “fascism”) when he needed to fight Hitler, only to switch back to “international socialism” after the war, as a few lines from Wikipedia on “Russian nationalism” point out:
The newborn communist republic under Vladimir Lenin proclaimed internationalism as its official ideology[4]. Russian nationalism was discouraged, as were any remnants of Imperial patriotism, such as wearing military awards received before Civil War….
The 1930s saw the evolution of the new concept of Soviet nationalism under Joseph Stalin, based on both Russian nationalism and communist internationalism. Official communist ideology always stated that Russia was the most progressive state, because it adopted socialism as its basis (which, according to the writings of Karl Marx, is the inevitable future of world socio-economic systems). Under Lenin, the USSR believed its duty to help other nations to arrange socialist revolutions (the concept of World Revolution), and made close ties with labor movements around the world[4].
[…]
The Soviet Union’s war against Nazi Germany became known as the Great Patriotic War, hearkening back to the previous use of the term in the Napoleonic Wars. The Soviet state called for Soviet citizens to defend the ‘Motherland’, a matrilineal term used to describe Russia in the past.
[…]
In 1944, the Soviet Union abandoned its communist anthem, The International, and adopted a new national anthem which citizens of the Soviet Union could identify with.
And then, with the victory secured over fascism, the Stalinist “national socialism” (a.k.a. “fascism”) suddenly became international socialism again. The Nazis’ very name was Nationalsozialistische.
One can be a “Marxist-fascist” and combine and blend elements of both totalitarian socialist systems quite easily, as both the Russian and then the Chinese communists proved. Communism and fascism have far more in common with one another than they have in opposition; especially when you examine the fact that both political systems invariably end up becoming the same big-government totalitarian police state.
So for my first two points – namely that 1) the left has routinely demagogically labeled the right “fascist” even when 2) it is clearly the left that owes far and away the most to fascistic elements – I am going to continue to shout from the rooftops who are the real fascists in America.
That said, it is still not enough to merely point out the FACT that American liberalism has much in common with fascism. And there is a lot more yet to say.
Before I begin spouting particular examples, I therefore need to further approach just what it is that would constitute a “fascist.” And then see who and how the label fits. From The Concise Encyclopedia of Economics:
The best example of a fascist economy is the regime of Italian dictator Benito Mussolini. Holding that liberalism (by which he meant freedom and free markets) had “reached the end of its historical function,” Mussolini wrote: “To Fascism the world is not this material world, as it appears on the surface, where Man is an individual separated from all others and left to himself…. Fascism affirms the State as the true reality of the individual.”
This collectivism is captured in the word fascism, which comes from the Latin fasces, meaning a bundle of rods with an axe in it. In economics, fascism was seen as a third way between laissez-faire capitalism and communism. Fascist thought acknowledged the roles of private property and the profit motive as legitimate incentives for productivity—provided that they did not conflict with the interests of the state.
[…]
Mussolini’s fascism took another step at this time with the advent of the Corporative State, a supposedly pragmatic arrangement under which economic decisions were made by councils composed of workers and employers who represented trades and industries. By this device the presumed economic rivalry between employers and employees was to be resolved, preventing the class struggle from undermining the national struggle. In the Corporative State, for example, strikes would be illegal and labor disputes would be mediated by a state agency.
Theoretically, the fascist economy was to be guided by a complex network of employer, worker, and jointly run organizations representing crafts and industries at the local, provincial, and national levels. At the summit of this network was the National Council of Corporations. But although syndicalism and corporativism had a place in fascist ideology and were critical to building a consensus in support of the regime, the council did little to steer the economy. The real decisions were made by state agencies such as the Institute for Industrial Reconstruction (Istituto per la Ricosstruzione Industriale, or IRI), mediating among interest groups.
[…]
Mussolini also eliminated the ability of business to make independent decisions: the government controlled all prices and wages, and firms in any industry could be forced into a cartel when the majority voted for it. The well-connected heads of big business had a hand in making policy, but most smaller businessmen were effectively turned into state employees contending with corrupt bureaucracies. They acquiesced, hoping that the restrictions would be temporary. Land being fundamental to the nation, the fascist state regimented agriculture even more fully, dictating crops, breaking up farms, and threatening expropriation to enforce its commands.
Banking also came under extraordinary control. As Italy’s industrial and banking system sank under the weight of depression and regulation, and as unemployment rose, the government set up public works programs and took control over decisions about building and expanding factories. The government created the Istituto Mobiliare in 1931 to control credit, and the IRI later acquired all shares held by banks in industrial, agricultural, and real estate enterprises.
The image of a strong leader taking direct charge of an economy during hard times fascinated observers abroad. Italy was one of the places that Franklin Roosevelt looked to for ideas in 1933…
Jonah Goldberg is all over FDR and other leftist American leaders from Woodrow Wilson to Hillary Clinton in their quasi-embrace of fascism in his excellent book Liberal Fascism: the Secret History of the American Left from Mussolini to the Politics of Meaning.
Fascism is all about the “community,” not the individual. Its message is about the good of the nation, or the people (or the Volk), or the community, rather than the good of a nation’s individual citizens. It is about distributing and then redistributing the wealth and returning it to “its rightful owners” under the guise of an all-powerful state rather than recognizing and rewarding individual achievement. In short, when Hillary Clinton explained that, “It takes a village,” an educated Nazi would have snapped his fingers and excitedly shouted, “Ja! JA! Das ist ES!”
For Obama, the collectivism, community or “village” thing is such a profound part of him that he has literally made it an integral part of his very heretical form of “Christianity,” which very much stresses individual salvation and individual responsibility. Obama has on several occasions put it this way:
For example, in 1995, Obama said, “my individual salvation is not going to come about without a collective salvation for the country …” and again in May of 2008, “our individual salvation depends of collective salvation.”
In the Christian faith, there is no such thing as collective salvation. Salvation is an individual choice. It is personal acceptance of Jesus as savior, Son of the living God.
Obama’s is a wildly perverted view of orthodox Christianity. It so distorts true Christianity at such a fundamental level, in fact, that one literally has to go to Hitler to find a suitable similar parallel from a “Christian” national leader. The great Protestant Reformer Martin Luther – the most famous German prior to Hitler – had written the most monumental text of German culture prior to Hitler’s Mein Kampf. It was called “The Bondage of the Will,” which was considered THE manifesto of the Reformation. According to Luther, the human will was in bondage to sin. The fallen will, if left to itself, will choose what is evil. The human will has been perversely set against the righteous will of God. For sinful human beings, the will is not in a state of liberty but is in bondage to its worst impulses. Luther wrote in this work, “When our liberty is lost we are compelled to serve sin: that is, we will sin and evil, we speak sin and evil, we do sin and evil.” Adolf Hitler infamously turned that key doctrine of Christianity on its head in his “The Triumph of the Will,” in which he exalted depraved human will to an altogether different level of human depravity. Which is to say that Hitler was so profoundly wrong that he proved Luther right.
On a regular basis, I witness liberals so utterly butcher Christianity that I can only shake my head and think back to the Nazis butchering of Christianity. In the case of the Nazis, it led to the murder of 6 million Jews. In the case of American liberals, it has so far led to the murder of 53 million innocent human beings in the abortion mills. And just to make that association between abortion and progressivism all the more crystal clear, Margaret Sanger – the patron saint of progressivism – was a Nazi sympathizer, even as the Nazis were huge fans of Sanger’s work in racist eugenics. And then I contemplate Obama’s own documented position of literally supporting infanticide, and you wonder why I call him a fascist?
But getting back to Obama’s profoundly anti-Christian concept of “collective salvation,” the Nazis would have been all over that, enthusiastically shouting their agreement, “Ja! JA! Das ist ES!” Recall the encyclopedia entry on fascism stating that, “Fascism affirms the State as the true reality of the individual,” which was then further defined as “collectivism.” And the Nazis repeatedly called upon loyal Germans to make horrendous sacrifices in the name of that collective.
As I point out in a response to a comment in an article I wrote, the Nazis were ALL about that, “It takes a village” and “collective salvation” stuff:
What the Nazis pursued was a form of anti-capitalist anti-conservative communitarianism encapsulated in the concept of Volksgemeinschaft, or “people’s community.”
From the Nazi Party Platform:
– The first obligation of every citizen must be to work both spiritually and physically. The activity of individuals is not to counteract the interests of the universality, but must have its result within the framework of the whole for the benefit of all Consequently we demand:
– Abolition of unearned (work and labour) incomes. Breaking of rent-slavery.
– In consideration of the monstrous sacrifice in property and blood that each war demands of the people personal enrichment through a war must be designated as a crime against the people. Therefore we demand the total confiscation of all war profits.
– We demand the nationalization of all (previous) associated industries (trusts).
– We demand a division of profits of all heavy industries.
– We demand an expansion on a large scale of old age welfare.
– We demand the creation of a healthy middle class and its conservation, immediate communalization of the great warehouses and their being leased at low cost to small firms, the utmost consideration of all small firms in contracts with the State, county or municipality.
– We demand a land reform suitable to our needs, provision of a law for the free expropriation of land for the purposes of public utility, abolition of taxes on land and prevention of all speculation in land.
– We demand struggle without consideration against those whose activity is injurious to the general interest. Common national criminals, usurers, Schieber and so forth are to be punished with death, without consideration of confession or race.
– We demand substitution of a German common law in place of the Roman Law serving a materialistic world-order.
– The state is to be responsible for a fundamental reconstruction of our whole national education program, to enable every capable and industrious German to obtain higher education and subsequently introduction into leading positions. The plans of instruction of all educational institutions are to conform with the experiences of practical life. The comprehension of the concept of the State must be striven for by the school [Staatsbuergerkunde] as early as the beginning of understanding. We demand the education at the expense of the State of outstanding intellectually gifted children of poor parents without consideration of position or profession.
– The State is to care for the elevating national health by protecting the mother and child, by outlawing child-labor, by the encouragement of physical fitness, by means of the legal establishment of a gymnastic and sport obligation, by the utmost support of all organizations concerned with the physical instruction of the young.
– We demand abolition of the mercenary troops and formation of a national army.
– We demand legal opposition to known lies and their promulgation through the press. In order to enable the provision of a German press, we demand, that: a. All writers and employees of the newspapers appearing in the German language be members of the race: b. Non-German newspapers be required to have the express permission of the State to be published. They may not be printed in the German language: c. Non-Germans are forbidden by law any financial interest in German publications, or any influence on them, and as punishment for violations the closing of such a publication as well as the immediate expulsion from the Reich of the non-German concerned. Publications which are counter to the general good are to be forbidden. We demand legal prosecution of artistic and literary forms which exert a destructive influence on our national life, and the closure of organizations opposing the above made demands.
Ah, yes, the Nazis had their “Fairness Doctrine” long before this current generation of liberals had theirs.
You read that Nazi Party Platform carefully, and you tell me if you see small government conservative Republicans or big government liberal Democrats written all over it.
Now, you read the Nazi Party Platform, and given what American liberals want and what American conservatism opposes, it is so obvious which party is “fascist” that it isn’t even silly. Then you ADD to that the fact that fascism and American progressivism (which is liberalism) were so similar that the great fascists of the age couldn’t tell the damn difference.
In another comment to another article, I established some of that long association that American liberal progressives have had with fascism:
Since you point out Nazism was fascist, let’s look at some history as to WHO was recognized as fascist in America.
Fascism sought to eliminate class differences and to destroy/replace capitalism and laissez-faire economics.
H.G. Wells, a great admirer of FDR and an extremely close personal friend of his, was also a great progressive of his day. He summed it up this way in a major speech at Oxford to the YOUNG LIBERALS organization under the banner of “Liberal Fascism”: “I am asking for a Liberal Fascisti, for enlightened Nazis.” He said, “And do not let me leave you in the slightest doubt as to the scope and ambition of what I am putting before you” and then said:
These new organizations are not merely organizations for the spread of defined opinions…the days of that sort of amateurism are over – they are organizations to replace the dilatory indecisiveness of democracy. The world is sick of parliamentary politics…The Fascist Party, to the best of its ability, is Italy now. The Communist Party, to the best of its ability, is Russia. Obviously the Fascists of Liberalism must carry out a parallel ambition on still a vaster scale…They must begin as a disciplined sect, but must end as the sustaining organization of a reconstituted mankind.”
H.G. Wells pronounced FDR “the most effective transmitting instrument possible for the coming of the new world order.” And of course, we easily see that the new world order Wells wanted was a fascist one. In 1941, George Orwell concluded, “Much of what Wells has imagined and worked for is physically there in Nazi Germany.”
It was from the lips of liberal progressive H.G. Wells that Jonah Goldberg got the title of his book, Liberal Fascism. Goldberg didn’t just invent this connection: H.G. Wells flagrantly admitted it and George Orwell called him on it. All Goldberg did was rediscover history that liberals buried and have used every trick imaginable to keep buried.
And as a tie-in to our modern day, who more than Barack Obama has been more associated with said FDR?
But let me move on to some real red meat. In just what specific, concrete ways can I call Obama a fascist?
Well, to begin with, there is the signature achievement of his entire presidency, his national health care system (ObamaCare). For liberals, it is nothing but the most bizarre coincidence that Nazi culture had a national health care system that was quite rightly considered the wonder of its day by socialists in America. It is the most despicable of insults that Sarah Palin excoriated ObamaCare as “death panels” – even though it is more precisely a bureaucratic maze consisting of more like 160 separate death panels:
But the thing is that the Nazis’ national health care system very much degenerated into death panels on steroids. It was through that national health care system that some of the most evil and vile decisions ever made in the history of the human race were made.
Do your own homework. Research key ObamaCare figures such as Cass Sunstein, Ezekiel Emanuel and John Holdren. Research policies such as the Complete Lives System and phrases such as “changes that are attenuated.” Then consider the massive lies by Barack Obama and other key Democrats in pushing for a socialistic “single payer” system before claiming they hadn’t. As for me, I consider both the socialized nationalized health care and the hypocritical lies and activities that were spread to push it quintessentially fascist.
John Holdren thought it was a good idea to impose forced abortions and mass sterilization to reduce the human population. And Obama apparently said, “That’s the sort of outside-the-box fascistic thinking that I like.” Incredibly, Obama actually made this guy his science czar.
And the “czar” thing hits a very fascist nerve, too. Obama has appointed 39 czars who are completely outside our Constitutional process. Obama signed a budget bill into law that required him to remove these czars, but why would a fascist trouble himself with outmoded things like “laws”? One of the enraged Republicans responded, “The president knew that the czar amendment was part of the overall budget deal he agreed to, and if he cannot be trusted to keep his word on this, then how can he be trusted as we negotiate on larger issues like federal spending and the economy.” And of course, he’s right.
Then you’ve got an Obama bureaucrat named Cass Sunstein whose project is to continuously “nudge” us to make decisions we don’t want to make on the theory that people like him know better than the rest of us. He gets to use all of the mountain of government regulations as his laboratory. As the head of the Office of Information, he is able to “nudge” society via regulations that cost businesses $1.7 trillion a year – more than all U.S. business profits combined. It’s largely a hidden tax by which one can impose an agenda that bypasses our Constitution and our Congress entirely. Sunstein gets to tweak these regulations and mold them into his own image. If Democrats had identified a Bush official using these tactics to shape opinions and control minds, they would have come utterly unglued. And rightly so.
An example of quintessential fascism that might even be more significant than national health care is the takeover of the banking and financial system. Since the encyclopedia article above references Mussolini’s fascist takeover of the banking system, let us consider Obama’s fascist takeover of the banking system. We start with George Bush, who rather incredibly said, “I’ve abandoned free market principles to save the free market system.” Which is akin to abandoning intelligence in order to be smart. As part of this abandonment, George Bush pushed his $700 billion in TARP. What is not so well-known is that Bush allowed Obama to use fully half of that money. If you add that to the $3.27 TRILLION that Obama will spend on his so-called “stimulus,” as verified by the Congressional Budget Office, you are talking about a takeover of the economy and the financial sector never seen in American history.
But if that was fascistic, you aint seen nothin’ yet. Obama and the overwhelming Democrat majority then proceeded to push for a massive totalitarian-style overhaul of the financial system in a move that was promised would prevent another collapse. But 20/20 hindsight allows us to now see it the way the Washington Times did, as “Financial Fascism.” That’s not such a bad title given that it underlines my point in two words.
But why do I say it’s financial fascism in 20/20 hindsight? Because of what we just learned: in spite of all the bogus lying promises and the massive takeover “for our own good,” Obama didn’t fix anything. Instead he made it WORSE:
Financial System Riskier, Next Bailout Will Be Costlier, S&P Says
First Posted: 04/19/11 05:26 PM ET Updated: 04/19/11 06:00 PM ETThe financial system poses an even greater risk to taxpayers than before the crisis, according to analysts at Standard & Poor’s. The next rescue could be about a trillion dollars costlier, the credit rating agency warned.
S&P put policymakers on notice, saying there’s “at least a one-in-three” chance that the U.S. government may lose its coveted AAA credit rating. Various risks could lead the agency to downgrade the Treasury’s credit worthiness, including policymakers’ penchant for rescuing bankers and traders from their failures.
“The potential for further extraordinary official assistance to large players in the U.S. financial sector poses a negative risk to the government’s credit rating,” S&P said in its Monday report.
But, the agency’s analysts warned, “we believe the risks from the U.S. financial sector are higher than we considered them to be before 2008.”
Because of the increased risk, S&P forecasts the potential initial cost to taxpayers of the next crisis cleanup to approach 34 percent of the nation’s annual economic output, or gross domestic product. In 2007, the agency’s analysts estimated it could cost 26 percent of GDP.
Last year, U.S. output neared $14.7 trillion, according to the Commerce Department. By S&P’s estimate, that means taxpayers could be hit with $5 trillion in costs in the event of another financial collapse.
Experts said that while the cost estimate seems unusually high, there’s little dispute that when the next crisis hits, it will not be anticipated — and it will likely hurt the economy more than the last financial crisis.
So much for the massive and unprecedented fascist government takeover.
But even THAT isn’t all. Let’s go back to TARP and Obama’s $350 billion. Somehow that $350 billion got “leveraged” into $23.7 TRILLION:
Watchdog: TARP tab could hit $24 trillion
Think last year’s $700 billion Wall Street rescue package was beaucoup bucks to spend bailing out the nation’s floundering financial system? That’s chump change compared to what the overall price tag could be, a government watchdog says.
The inspector general in charge of overseeing the Treasury Department’s bank-bailout program says the massive endeavor could end up costing taxpayers almost $24 trillion in a worst-case scenario. That’s more than six times President Obama’s proposed $3.55 trillion budget for 2010.
Nobody here but us fascists. And we sure aint talking.
Then there are other issues that the left usually uses to attack conservatives, such as racism. Wasn’t Hitler a racist, just like conservatives? The problem is, the liberals are as usual upside-down here. After running as the man to create racial harmony, Barack Obama has instead done more to racially polarize America than any president since other famous progressives such as Woodrow Wilson and FDR. Frankly, if one were to conduct a major study of racial politics, and the setting up in opposition of one racial group against another, just which party has emphasized race and race-baiting more?
I am beyond sick of this crap. Where’s the CONGRESSIONAL WHITE CAUCUS that dedicates itself to securing political benefits for white people, and blacks be damned??? Where’s the NATIONAL ASSOCIATION FOR THE ADVANCEMENT OF WHITE PEOPLE that is operating with prestige and acclaim??? Where are the HISTORICALLY WHITE COLLEGES AND UNIVERSITIES that exist to educate white students rather than black students??? Where’s the UNITED CAUCASIAN COLLEGE FUND that exists to give scholarships to white students for the sake of being white??? Where’s the NATIONAL WHITE CHAMBER OF COMMERCE to secure business opportunities for white people against black people???
Hey, let me ask a more compelling question, given the occupant of the White House: where’s the national major white politician who spent 20-odd years in a “church” that espoused a commitment to the white value system, which entails a commitment to the white community, a commitment to white self-determination, a commitment to the white family, a commitment to white education, a commitment to the white workforce, a commitment to the white ethic, a commitment to white progress, a commitment to support white institutions, and a commitment to pledge allegiance to all white leadership?
When was the last time a white conservative Attorney General bl about “my people”??? When was the last time Republicans dismissed a civil rights case against a white man because he was violating black people’s rights and that didn’t count??? When was the last time a high-ranking official in a Republican Justice Department instructing underlings to “never bring a lawsuit against a white”???
This racist, race-baiting bigoted crap has just gone on and on and on in this race-baiting – and yes, very fascist – administration.
And lo and behold, yet another über-über-leftist race group is threatening a race-riot to get what it wants or else as I write this (and yes, that German “ü” is there for a reason).
Hitler’s Jew-baiting was all about the idea that one race had taken over the culture, had the money and the power, and was using its influence to oppress the people in the banking system and anywhere else that mattered. And Hitler’s constant screed was that Germany needed to confiscate the Jews’ wealth and then redistribute it. With all respect, all the left has done is replace “Jew” with “Caucasian” and making the exact same claims.
And with all this hard-core racist demagoguing, I’m supposed to say that, “Oh, yes, it’s the conservatives who are guilty of demagoguing race”??? Seriously???
There is so much blatantly fascist garbage going on it will shoot right out of your eyes if you pay attention. Just the other day (I am writing this on Thursday, April 21, but it will not be published until Monday), Obama announced that he is planning to go ahead with a regulation that will force businesses involved in government contracts – but not unions or other key Obama allies – to disclose their employees’ campaign contributions. The fact that this fascist piece of legislation was so terrible that it failed to pass in the Senate by a wide margin even though Democrats had a stranglehold in the Senate last year. But what does democracy matter to a fascist? What Obama is doing is taking a process that was devised to remove the politics from the government contract award process and make it ALL ABOUT paying to play. By forcing companies to demand of their employees who has given how much to which party, the administration can easily award contracts on the basis of which one gave Obama and Democrats more.
Then there is the lawsuit by the federal government that is trying to force Boeing to build its new facility in Washington state with union labor rather than allowing it to be free to build its plant in a right to work state like it has a right to do in any but a fascist state. Again, I’m not scratching around for examples; this is just today’s news.
Also in the news today is Obama demagoguing the oil industry, which makes about 8% profit versus liberal Apple which has a 21.8% profit margin. That’s getting dangerously close to 300% higher, but whose counting? There’s no evidence whatsoever that anything illegal is actual going on, but that never stops a true fascist from demagoguing. At least Apple probably pays taxes, unlike Obama’s very far left wing cronies at General Electric. That company’s brown nosing business plan actually resulted in the corporation getting more money back from the government than it owed. And meanwhile GE CEO Jeffrey Immelt is Obama’s star economic advisor – proving that fascism pays for companies that are willing to play ball with the Führer. Again, this is all just yesterday’s news.
Can we talk about Libya? Obama said, “The President does not have power under the Constitution to unilaterally authorize a military attack in a situation that does not involve stopping an actual or imminent threat to the nation,” when he had a chance to demagogue Bush over Iraq. It didn’t matter that George Bush had congressional approval for his actions, Obama demonized him. And now here he is, in Libya – a country that clearly wasn’t any kind of “imminent threat” to us, and which he had no congressional support to attack – and just does he not deserve to be impeached in disgrace by his own hypocritical and demagogic standard?
But there’s so much more to say about Libya and Obama’s entire foreign policy. Think of how Obama demonized Bush, versus what he’s doing now: Guantanamo Bay. The Patriot Act. Domestic Eavesdropping. Rendition. The Surge Strategy. The Iraq War. The Iranian Nuclear Threat. Military Tribunals. And, of course, “Air-raiding villages and killing civilians.” It frankly isn’t nearly enough for me to simply claim that Barack Obama is a fascist. Barack Obama is a fascist even according to Barack Obama.
What is most frightening about Obama’s bizarre policy on Libya is that it could apply to any country. Or not. There is absolutely no doctrine to warn one country or encourage another. Other countries could use it to impose a no-fly zone here, if the “international community” wanted to do so. Why don’t we now attack next-door Syria for shooting crowds of civilians? Because we have a fundamentally incoherent policy that allows us to invade whoever we want. And – disturbingly – the Arabs are pushing for the same standard Obama is applying to Libya to be applied in imposing a no-fly zone over Israel. And Obama is willing to take his non-existant “standard” and play political games with it. Let’s just call that quintessential fascism.
Obama has Samantha Powers (the wife of Cass Sunstein, the man who “nudges us”) close to him and advising him on matters of war. According to the very liberal publication The Nation, “She began to see war as an instrument to achieving her liberal, even radical, values.” What if you had an ultra conservative – oh, say a Sarah Palin – openly acknowledged to pursue war and risk American lives to advance her radical values??? What would the left call this if not “fascist”?
But it’s only fascist if Republicans do it, of course.
Also in yesterday’s news is the fact that Obama is the perpetual demagogue– which is a quintessentially fascist tactic. Obama demonized Bush for trying to raise the debt ceiling until he needed to raise it. Now it would be un-American for Republicans to act the same exact way Obama acted. In the same demagogic spirit, Obama personally invited Paul Ryan to a speech just so he could personally demonize him. The same Obama who lectured Republicans that it would be counter-productive to rely on name-calling and accusations in the health care debate launched into a vicious demagogic attack. Ryan correctly said that “What we got yesterday was the opposite of what he said is necessary to fix this problem.” But that is par for the golf course for a fascist. If that wasn’t enough, Obama held a White House conference for “stake holders” in the immigration debate and refused to invite a single governor from a border state.
I think of Obama demonizing Bush for trying to raise the debt ceiling, and then now demonizing Republicans who would even suggest opposing raising the debt ceiling. That is simply raw fascist demagoguing.
It should simply leave you stunned.
We could go back and review a lot of other corportist/fascist acts by Obama, such as what he imposed on Chrysler bondholders when he turned bankruptcy law on its head in order to punish his enemies and reward his friends. We could look at how Obama basically did the same thing to General Motors bondholders. We could look at how Obama turned fearmongering into an art form, and how he demonized industry after industry to impose his corporatist (as in “fascist”) control over them to force them to do his bidding.
And the thing about Obama and the Obama administration is that I could just go on and on and on.
Let’s go back to Obama’s college days, when he was a self-avowed Marxist who made friends with all the Marxist professors (which again, is fascism’s kissing cousin). He got his start in politics in William Ayers’ home – the Marxist terrorist bomber and leader of a terrorist group called the Weathermen. Obama served on several boards with Ayers – and clearly FAR more than just rubbed elbows. It should more than trouble you that a close associate of the president of the United States is an unrepentent terrorist who felt he didn’t bomb enough, and who once discussed murdering the 25 million capitalists who wouldn’t be suitably brainwashed in a future re-education camp. You move on to membership in an un-American racist and Marxist church and a relationship with a demonic pastor and spiritual guide that lasted for 23 years.
A Republican equivalent would have had to come out of a deep involvement with some vile racist militia organization to approximate Obama’s background. And liberals would rightly label such a politician a fascist for his past alone.
Recently, Obama’s incredibly close relationship with the SEIU enters the discussion as a very recently former top level SEIU official was just caught on tape plotting the financial implosion of the United States of America. Given that Steven Lerner’s boss Andy Stern visited the Obama White House more times than anybody – and Stern himself liked to say, “We like to say: We use the power of persuasion first. If it doesn’t work, we try the persuasion of power”, and “workers of the world unite, it’s not just a slogan anymore” – we should simply start taking these people at their word and start calling them what they very clearly are. And Obama is one of them.
Here’s a recent Youtube video of Obama’s key union allies on camera saying, “We’re not going to rely on the law,” and, “Forget about the law” as they seek to impose their unions basically whether workers want them or not:
And these radical fascist unions were talking about the vile crap that they pulled in Wisconsin and demanding a whole lot more of it.
That’s why I call Obama a fascist. Because he is one, and if he could get away with it in America, he would be far more fascist than he already is.
Tags: $23.7 trillion, 20 years, 39 czars, a Liberal Fascisti, Andy Stern, attack, bailout, Barack Obama is a fascist, bombing, bondholders, budget, Bush fascist, campaign contributions, Cass Sunstein, China, Chrysler, church, collective salvation, collectivist, communism, community, Complete Lives system, czars, death panels, demagogue, domestic eavesdropping, enlightened Nazis, Ezekiel Emanuel, Fairness Doctrine, fascism, Fascism affirms the State as the true reality of the individual, fascist, fascistic, FDR, fearmongering, financial fascism, forced abortions, Forget about the law, General Electric, General Motors, George Bush, Guantamo Bay, H.G. Wells, Heideggar, Hitler, hybrid, Iranian War, Iraq War, it takes a village, Jeremiah Wright, John Holdren, leveraged, liberalism, liberals, Libya, Mao, Marxist professors, Marxist scholarship, Marxist-fascist, mass sterilization, Miitary Tribunals, Mussolini, national health care system, national socialism, National Socialist German Workers Party, Nazi, Nazi Party Platform, Nietzsche, nudge, Obama, Obama fascist, Obamacare, oil industry, Patriot Act, Paul Ryan, persuasion of power, polar opposite, progressivism, race, racism, regulations, Rendition, right to work, rival brands of socialism, SEIU, single-payer, Stalin, Steven Lerner, stimulus, surge strategy, TARP, taxes, terrorist, the Fascists of Liberalism, the nudge, Trinity United, tweak, unions, useful idiot, We're not going to rely on the law, Western intellectuals, what is fascism?, William Ayers, Wisconsin, Woodrow Wilson, workers of the world unite
December 7, 2011 at 4:28 pm
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November 3, 2013 at 1:17 pm CRIMINAL BARONS THAT CONTROL GOLDMAN SACHS, JP MORGAN, DEUTSCHE BANK, UBS, ETC. IMPLEMENT GENOCIDES, ROBBERIES AND MISERY IN UNITED STATES AND EUROPE Glass-Steagall or Mass Genocide October 31, 2013 • 10:09AM CLICK HERE FOR PDF OF MASS CIRCULATION LEAFLET CLICK HERE FOR PDF FOR ENDORSING THE STATEMENT LaRouche PAC issued the following statement, for mass circulation, on Oct. 30, 2013. The entire trans-Atlantic financial system is hopelessly bankrupt, and the only solution to this crisis is the immediate reinstatement of Glass Steagall in the United States. Unless the Congress passes Glass Steagall in the coming days and weeks, with a veto-proof majority, breaking the power of Wall Street and restoring a commercial banking system free from the quadrillion dollars in derivatives and other gambling debts, the American people will soon be facing a mass kill, far beyond the genocidal horrors that have been imposed on Greece, Portugal, Ireland, Cyprus and Spain. Wall Street must be bankrupted before they bankrupt us all. Every month, the Federal Reserve, with the full backing of President Obama, pumps $85 billion in fresh bailout money into Wall Street and the major European banks. At the same time, the White House and Congress have agreed to impose killer austerity cuts on the vast majority of Americans. In the coming months, the body count will skyrocket, as health insurance costs triple, as the health care delivery system is vastly scaled back, and vital social safety net programs, from Medicare and Medicaid to Social Security and Food Stamps, are stripped down to a minimum. Already, under Obamacare,14 million Americans have lost their existing health insurance, thousands of doctors have been fired by the major HMOs, critical care hospitals are to be shut down all across the American heartland, and home health care services are being cancelled. Whether you can afford health insurance or not, the doctors, nurses, hospitals and research facilities are not going to be there unless you are among the wealthiest handful of Americans. To be blunt: This is how it was in Nazi Germany under the Hitler T-4 euthanasia program, and this is how it is in Great Britain today with the Tony Blair-initiated N.I.C.E. program, under which medical care is denied to those deemed to be lives not worth living. In order to feed the otherwise bankrupt Wall Street’s insatiable appetite for bailouts, hard-working Americans are being told that their pensions can no longer be paid and they are facing a brief life of abject poverty, despite decades of contributions to their pension plans. City workers in Detroit have been told that their pensions will be cut by 90 percent, which is nothing less than a death sentence. What is happening in Detroit today is in the near-future for every city in America. In New York City, the home of the Wall Street too-big-to-fail banks, the official poverty rate is 46 percent. Under Title II of the Dodd-Frank bill, not even your household savings accounts are secure. As in Cyprus, your savings will be looted as part of the so-called bail-in scheme to save the banks at all costs. The message coming from Washington is clear: If you are old, sick or disabled, you are as good as dead. If you are young, you have no future. The message is coming from President Obama and from Congressional Republicans, who are fully complicit in plans to vastly reduce Social Security, Medicare and Medicaid. So far, the vast majority of Democrats in Congress have been cowed into accepting Obama’s diktats. The only serious fight-back is coming from those in Congress who are backing the return to Glass Steagall. With two bills in the Senate (S. 985 and S. 1282) and one in the House (HR. 129) with 75 co-sponsors, Glass Steagall could be restored now. It is no exaggeration to say that this is a life or death issue. Under Glass Steagall, the United States can return to a Constitutionally-mandated credit system and launch an era of unprecedented economic growth and prosperity for all. Without Glass Steagall, we are facing mass kill. CLICK HERE FOR PDF OF MASS CIRCULATION LEAFLET CLICK HERE FOR PDF FOR ENDORSING THE STATEMENT 1) THE ABOLITION OF THE GLASS-STEAGALL ACT PLAYED A FUNDAMENTAL ROLE IN THE POLICE OF MASSIVE REDUCTION OF THE POPULATION. ” Under Glass-Steagall, U.S. enjoyed nearly 50 years of prosperity October 30, 2013 • 4:48PM “Under Glass-Steagall, the nation enjoyed nearly 50 years of prosperity. Commercial banks loaned money. Investment banks did deals. Securities firms sold stocks and bonds. Insurance companies sold insurance. It worked,” points out St. Louis Post-Dispatch. The reprint of the Post-Dispatch article in a website, Creators.com indicates the growing urge among the millions to reinstate the Glass-Steagall Act of 1933 and prevent a massive financial and economic collapse which many fear is waiting in the wings. Recalling the role of Robert Rubin, President Clinton’s Treasury Secretary and co-chairman of Goldman Sachs in repealing Glass-Steagall, St. Louis Post-Dispatch went on to say that the boom years of the 2000s seemed to validate his wisdom. The world was awash in cheap capital. But, “then came 2008. The big banks had used federally insured deposits to invest in exotic financial instruments backed by outrageous mortgages. The banks were leveraged far beyond what their capital holdings would support. The world financial system teetered on the brink.” Pointing out the failure of President Obama to change the economic situation that existed in 2008, Post-Dispatch says : “Here’s a campaign slogan: Bring back Glass-Steagall. It was good enough for FDR. It was good enough for 50 years of prosperity. The money that is churning through international finance these days is doing just that — churning, creating profits, not jobs. It makes food and fuel and most everything else more expensive. It is an outsized Ponzi-scheme that enriches the few at the expense of the many.” http://larouchepac.com/node/28722 ( Pro-Manufacturing Senators: Return to Glass-Steagall and the FDR Paradigm http://larouchepac.com/node/28715 ) WHO CONTROLS GOLDMAN SACHS, ONE OF THE BANKS THAT WANTED THE ABOLITION OF THE GLASS-STEAGALL ACT ? GOLDMAN SACHS IS CONNECTED ALSO WITH WARREN BUFFET A FRIEND OF JACOB ROTHSCHILD AND EVELYN DE ROTHSCHILD. Lord JACOB ROTHSCHILD “Hosted the European Economic Round Table conference in 2002 at Waddesdon Manor, attended by such figures as James Wolfensohn, Nicky Oppenheimer, Warren Buffet, and Arnold Schwarzenegger ” https://wikispooks.com/ISGP/organisations/introduction/PEHI_Jacob_de_Rothschild_bio.htm https://wikispooks.com/ISGP/organisations/introduction/PEHI_Evelyn_de_Rothschild_bio.htm The same Warren Buffet, that is chairman of Berkshire Hathaway, ” agreed to purchase $5 billion in Goldman’s preferred stock “. https://en.wikipedia.org/wiki/Goldman_Sachs https://en.wikipedia.org/wiki/Berkshire_Hathaway GOLDMAN SACHS IS CONNECTED ALSO WITH THE EDMOND DE ROTHSCHILD. http://uk.linkedin.com/in/ruperttipler http://www.zoominfo.com/p/Christoph-Ladanyi/23971288 THE EDMOND DE ROTHSCHILD IS OWNED BY BENJAMIN DE ROTHSCHILD ( https://en.wikipedia.org/wiki/Benjamin_de_Rothschild ) AND BY HIS WIFE ARIANE DE ROTHSCHILD ( https://en.wikipedia.org/wiki/Ariane_de_Rothschild ) http://www.lejdd.fr/Economie/Images/Les-plus-grosses-fortunes-de-France/Benjamin-de-Rothschild-206941 ” Benjamin de Rothschild, only son of the late Edmond de Rothschild, was a classic case of great expectations gone astray. Despite being groomed for greatness from a young age, as a teenager he skipped university and instead headed for Los Angeles with dreams of being a film producer. In LA he started taking drugs, and ended up on heroin. Meanwhile, he failed to make it into Hollywood’s charmed circle and bombed as a film-maker. ” http://www.independent.co.uk/arts-entertainment/poor-little-rich-boys-1097744.html 2) “Easy-Kill” Emanuel Trotted Out to Defend Nazi Obamacare October 28, 2013 • 8:47AM Displaying its typically unrepentant, “in your face” attitude, the Obama administration deployed Ezekiel “Easy-Kill” Emanuel this past weekend, to proclaim the virtues and success of Obamacare, even while making clear that its purpose is to kill people. Emanuel, one of Obamacare’s chief architects, is perhaps the most visible face of its evil Nazi intent—other than Obama himself. First in an Oct. 25 interview with Fox News, and then in an appearance on CNN’s “State of the Union” program this morning, Emanuel arrogantly waved off all charges that over a million people had had their health insurance plans canceled in the last few weeks because these didn’t conform to Obamacare’s standards, but that they would now end up paying much higher premiums and/or wouldn’t be able to access healthcare because of the fiasco of the healthcare.gov website. To the charge by Fox’s Megyn Kelly and CNN’s Candy Crowley that Obama’s promise, “if you like your healthcare plan, you can keep it,” was an empty one, Easy-Kill huffed and puffed, telling Crowley that the insurance plans that were just cancelled “are not worth the paper they’re written on.” Obamacare offers much better care, he insisted. He had told Fox’s Kelly earlier that if insurance companies are raising their premiums or changing plans, or if employers are changing plans or not offering them, well, too bad. “That’s not the government doing this.” The numbers being reported on young people not signing up “are irrelevant,” he said. It will all be fixed in due time. The United Healthcare-linked Steve Zients, hired to fix all the glitches, is a great guy and he’ll take care of it. Making clear that Obamacare really is about killing, Ezekiel cited as its “successes” the fact that hospital re-admission rates are already dropping, and that one of its key advantages will be that a lot more care “is going to be moved into the home”—naturally, since hospitals and clinics are being shut down at an accelerating rate—and that this is “very appropriate, because we’re going to have a lot more ability to monitor people in the home, fewer infections, fewer falls and a big cost savings.” Louisiana Rep. John Fleming, also a physician with an active medical practice, challenged Ezekiel’s flippant remarks, pointing out that Obamacare means the end of the family physician and medical practices, rubbing in that Emanuel “is not a physician in the classic sense in terms of actually seeing patients…. He sits behind a desk reading all of the studies…. but the people are now experiencing all the damage and hurt that’s coming from this.” http://larouchepac.com/node/28690 “Belgium Wants to Kill Off Children and the Demented November 1, 2013 • 9:32AM Belgium, which followed the Dutch in legalizing euthanasia in 2002, is considering taking the next step in Hitler’s T-4 program — killing children and the demented. In an article in the “Health and Science” (!) section of Thursday’s Washington Post, it is reported that the ruling Socialist Party in Belgium is considering extending their euthanasia law to children — a first for any country — and would also allow the murder of adults with early dementia — with their demented “approval,” of course. http://www.washingtonpost.com/national/health-science/belgium-considering-unprecedented-law-to-grant-euthanasia-for-children-dementia-patients/2013/10/31/67fd55be-4200-11e3-b028-de922d7a3f47_story.html WAPO reports: “Belgium is already a euthanasia pioneer. In the last decade, the number of reported cases per year has risen from 235 deaths in 2003 to 1,432 in 2012, the last year for which statistics are available. Doctors typically give patients a powerful sedative before injecting another drug to stop their heart.” The Christian Democratic Flemish party has vowed to oppose the legislation and to challenge it in the European Court of Human Rights if it passes. However, the Post claims to be paraphrasing an Archbishop who opposes euthanasia, but argues for “alternatives like palliative sedation which make euthanasia unnecessary — and relieves doctors of the burden of having to kill patients.” This is Tony Blair’s Liverpool Pathway, in which, the Post notes, “patients are sedated and life-sustaining support is withdrawn so they starve to death; the process can take days.” It should be recalled that Ezekiel Emanuel, one of the key authors of Obamacare, wrote in 1996 that, in order to achieve a “just allocation of health care resources,” useless eaters (in Hitler’s term), starting with the demented, should be denied health care. In his own words: “Services that promote the continuation of the polity — those that ensure healthy future generations, ensure development of practical reasoning skills, and ensure full and active participation by citizens in public deliberation — are to be socially guaranteed as basic. Conversely, services provided to individuals who are irreversibly prevented from being or becoming participating citizens are not basic and should not be guaranteed. An obvious example is not guaranteeing health services to patients with dementia.” See “Ezekiel Emanuel: Death to Those With Dementia, as Useless Eaters” ” http://larouchepac.com/node/11094 http://larouchepac.com/node/28737 ezekiel emanuel IS LINKED WITH obama AND THEREFORE WITH GOLDMAN SACHS. http://prof77.wordpress.com/politics/an-updated-list-of-goldman-sachs-ties-to-the-obama-government-including-elena-kagan/ “Key figures in bringing about the ACA—including several with direct involvement in imposing this on the British health system— have explicitly expressed the T4 principle, that there are “lives not worthy” to continue. Dr. Ezekiel Emanuel, a longtime advocate for this Hitler health view, was appointed by Obama, in early 2009, as the health adviser to the Office of Management and Budget. In April, 2009, he was put on the new Federal Coordinating Council on Comparative Effectiveness Research, to devise rationalizations for cutting medical treatment. In particular, Emanuel stressed that the Hippocratic Oath caused “over-use” of medical resources, which must stop. ” http://larouchepac.com/node/28620 “It was the launch of his presidential campaign and Goldman executives soon gave over $800,000 to jump start the Obama presidential bid along with collecting millions of dollars from their fellow Wall Street firms and clients. Oh yes, Robert Rubin became the Obama economic expert, a former CEO of Goldman Sachs. Billionaire Warren Buffet became his most trusted economic advisor, a man who was to invest $5 billion in Goldman Sachs in the height of the economic meltdown. Yet Buffet was also a personal guest of Lord Rothschild at a private conference at his English estate.” http://bignews.biz/?id=788260&pg=2&keys=financial-Rothschilds-Goldman-presidency “Obama’s “Hunger Cliff” Hits November 1, 2013 • 9:00AM In a feature called “America’s new hunger crisis,” MSNBC reported last night that food pantries are expecting the country to go over a “Hunger Cliff” on Friday, Nov. 1. http://www.msnbc.com/all/americas-new-hunger-crisis As LPAC has reported, directly because of President Obama’s orders to Congressional Democrats to allow the 2009 “stimulus” food stamp program to expire, 48 million people are facing an immediate $5 billion cut in food stamp benefits. And at the same time, not to be outdone by the President, House Republicans are leading a drive in Congress for still further cuts, which are now being negotiated in the farm bill conference committee……” http://larouchepac.com/node/28734 ” Obama Cutting Food for 47 Million Americans October 30, 2013 • 4:43PM President Obama bears direct responsibility for the cuts in food consumption coming now for the 47 million Americans who need and use food stamps to avoid “food insecurity” for themselves and malnutrition for their children. In 2009, when mass unemployment struck the United States and 15% were falling below even the absurdly low “official poverty line”, the so-called Stimulus Act (ARRA) added a subsidy to monthly food stamp “payments”. The subsidy has varied but has averaged $9 billion/year, as the number of Americans needing food stamps rapidly rose from 36 million to 47 million. But on several occasions in budget battles since then, Obama has told Democrats in Congress that there was “extra money in food stamps” which they should offer to cut as of FY2013 or FY2014, in order to avoid other cuts. Why “extra”? Because Obama’s “recovery” would lower the number of people needing the SNAP program. Congressional Democrats finally took Obama’s advice and ended the ARRA subsidy as of Nov. 1, 2014 — now. Many thought they would restore the funds later, but that did not happen. On Nov. 1, then, with the national official poverty rate at about 16.2%, there will be a SNAP cut of $5 billion for 2014 (from an $80 billion annual level). This is a 5% cut in the level of benefits nationally, from a maximum of $133 to $124/month (individual) and from a maximum of $668 to $632/month for a family of four — most states’ levels are lower. These cuts, dangerous to life, result directly from Obama’s “budget strategy”, which also includes cuts to Social Security and Medicare, some of which he has not yet forced Democrats to go ahead with. At the same time, the Farm Bill Senate/House conferees who met Oct. 30 are considering further cuts, of between $4.5 billion (Senate) and $40 billion (House) over 10 years. These cuts will reduce the number of recipients. The House version would knock about 5 million people off food stamps, and 280,000 children off free school lunches as well. Today 39 Democratic Senators, realizing that senior citizens, children, and disabled people, in particular, will die or suffer diseases of malnutrition as a result of this double-cut to SNAP, addressed a letter to the House/Senate conferees, urging that they make no “drastic cuts”. Also simultaneously, many states are imposing or considering additional cuts in eligibility, which will take still more food-short Americans off the SNAP program. ” http://larouchepac.com/node/28721 “Scandal: Obama, Gore, Goldman, Joyce Foundation CCX partners to fleece USA” http://yourdaddy.net/2010/04/29/scandal-obama-gore-goldman-joyce-foundation-ccx-partners-to-fleece-usa/ “Guess Who else visited Obama at the White House…Lloyd Blankfein…Goldman Sachs’ CEO” http://scottystarnes.wordpress.com/2010/04/22/guess-who-else-visited-obama-at-the-white-house-lloyd-blankfein-goldman-sachs-ceo/ 3) ” United Healthcare, the largest insurer, with about 70 million insured, reported last summer that they had a particularly strong past year, with net income of $5.1 billion, up by 11% from the previous year; similarly for the others — even before the bonanza to result from the corporatist plan to force every American to buy their inflated products, beginning on October 1. United Healthcare, it should be recalled, has as a top executive Simon Stevens, who was Tony Blair’s health policy advisor and the architect of NICE (National Institute for Health and Clinical Excellence) in 1999, the “reform” of the British National Health Service which imposed triage and genocide on the British people through selective denial of cancer drugs, surgeries, kidney dialysis, and other treatments. This was the model for the IPAB (Independent Payment Advisory Board), which is now the law of the land under Obamacare. Genocide can be profitable. ” http://larouchepac.com/node/28409 “UnitedHealth Group Incorporated is a diversified managed health care company headquartered in Minnetonka, Minnesota, U.S. It is No. 17 on Fortune magazines top 500 companies in the United States.[5] UnitedHealth Group offers a spectrum of products and services through two operating businesses: UnitedHealthcare and Optum. Through its family of subsidiaries and divisions, UnitedHealth Group serves approximately 70 million individuals nationwide. ” https://en.wikipedia.org/wiki/UnitedHealth_Group THE BIGGEST SHAREHOLDER OF UNITEDHEALTH GROUP IS FIDELITY. http://finance.yahoo.com/q/mh?s=UNH FIDELITY IS CONNECTED WITH BOOZ ALLEN & HAMILTON. ” Abigail Pierrepont (Abby) Johnson[4] (born December 19, 1961) is an American businesswoman. Johnson is President of Fidelity Investments Personal and Workplace Investing. Fidelity was founded by her grandfather Edward C. Johnson II and her father Edward C. (Ned) Johnson III is its current CEO. As of March 2013 The Johnson family owns a 49% stake in the company.[3] She had a brief stint as a consultant at Booz Allen & Hamilton from 1985–86, completed an MBA at Harvard, and joined Fidelity Investments ” https://en.wikipedia.org/wiki/Abigail_Johnson Arthur Johnson, an Independent Trustee of Fidelity, is also a director of Booz Allen & Hamilton. http://www.boozallen.com/media-center/press-releases/48399320/49502902 BOOZ ALLEN & HAMILTON IS LINKED WITH CARLYLE, BUSH FAMILY, BLACKSTONE AND DEUTSCHE BANK. http://transmissionsmedia.com/the-911-illusion-part-ii-deutsche-bank-blackstone/ “In 2008 Carlyle Group bought a majority stake in Booz Allen for $2.54 billion.” ” Carlyle is the 11th largest defense contractor in the US. It is 20%-owned by Mellon Bank (http://www.dkosopedia.com/wiki/Mellon_family) and is controlled by the powerful Blackstone Group (seeOverthrow of the American Republic), which dined cheaply on the carcasses of looted S&L’s at auctions held by Bush Sr.’s Resolution Trust Corporation. ” http://www.almartinraw.com/uri1.html http://transmissionsmedia.com/the-911-illusion-part-ii-deutsche-bank-blackstone/ ” Henry Kissinger’s good friend Lord JACOB ROTHSCHILD sat on Bioport owner Blackstone’s International Advisory Board. (See Corexit Linked to the Blackstone Group and Lord Jacob Rothschild) ” http://transmissionsmedia.com/the-911-illusion-part-ii-deutsche-bank-blackstone/ http://beforeitsnews.com/gulf-oil-spill/2010/06/corexit-linked-to-the-blackstone-group-and-lord-jacob-rothschild-76363.html ” Blackstone was founded in 1985 as a mergers and acquisitions boutique by Peter G. Peterson and Stephen A. Schwarzman, who had previously worked together at Lehman Brothers, Kuhn, Loeb Inc. ” https://en.wikipedia.org/wiki/Blackstone_Group Peter G. Peterson ” is founding Chairman of the Peterson Institute for International Economics ” https://en.wikipedia.org/wiki/Peter_George_Peterson http://larouchepac.com/node/28610 Lynn Forester de Rothschild, the wife of EVELYN DE ROTHSCHILD, is a director of the Peterson Institute for International Economics. http://www.petersoninstitute.org/institute/board.cfm Blackstone is also related with the LCF EDMOND DE ROTHSCHILD, for example, through the person of Daniel Costa Lindo that is a M&A Analyst at Blackstone and was Private Equity Analyst at LCF Edmond de Rothschild. http://www.linkedin.com/pub/daniel-costa-lindo/32/255/543 https://en.wikipedia.org/wiki/Benjamin_de_Rothschild https://en.wikipedia.org/wiki/Ariane_de_Rothschild ( United Healthcare Firing Medicare Advantage Doctors, Panicking Elderly Patients http://larouchepac.com/node/28691 ) “Healthcare Cuts Are Killing Americans Now November 1, 2013 • 8:47AM The Nazi policy embodied in Obamacare, with its “free market” variant, is proceeding to implement genocide, by cutting off medical care. Two recent examples — one due to the cutoff of insurance coverage, and the other to dissemination of the killing policy of denying treatment to those considered “not worthy of life,” give you a sensuous picture of how this is proceeding. Here is testimony from a low-income woman in her early ’60s, diagnosed with sickle beta thalessemia, who depends on regular treatment for survival: “Last month, the day before my scheduled visit to an infusion nurse in the Boston Medical Center’s Cancer Care Section of the Hematology/Oncology Clinic, the hospital phoned to inform me that they no longer had a contract with AARP Medicare Complete, insured through UnitedHealthCare. “Hence, I could not receive my treatment there the next day. I’ve been treated there for the past 15 years. “One of the physicians who cares for me assisted in helping me to get set up at Dana Farber Cancer Institute. I was fortunate, but this physician told me that the infusion nurses in this section of the hospital are extremely upset because this drop [of coverage] now affects at least another 50-plus patients—many of whom are not able to delay their treatments, or go to another hospital with knowledge of their illnesses.” The second example pertains to denial of care to those considered too old to receive care. According to an East Coast doctor, an 86-year-old man, who was in robust health, recently fell ill with pneumonia. The doctor referred him to the hospital, where treatment commenced. But apparently this gentleman did not respond immediately to the treatment. Instead of informing the doctor, or upgrading the treatment, the patient was downgraded in his level of care. The next thing the doctor knew, he was presented with his patient’s death certificate, which stated precisely what had been done and not done which led to the patient’s death. This is the philosophy of the Nazi doctors and regime—and it is happening here. ” http://larouchepac.com/node/28733 ” Team Obama Knew And Lied: Millions to Have Insurance Cancelled Multi-millions of people cross-country, who hold health insurance policies as individuals, are now receiving notices from their insurers that their contract is cancelled as of a specified date in the coming months. For example, 290,000 in the state of Washington have been so notified. The policy-holders are told: Good luck. Seek a new policy on the exchanges, which you will find is far more expensive, different and bad. President Obama knew about it from the very start, lied, and is getting hit with a renewed blast of rage from the population. He has repeatedly said, as he did in 2009, “If you like your health plan, you will be able to keep your health plan…” under his Affordable Care Act. It is estimated that some 14+ million Americans as of recent years, are holders of “individual” (that is, not employer or other group) health insurance policies. But under Obamacare, 50 to 80% of these people—10+ million—will receive a cancellation notice. Already, 2 million people have received cancellation notices, according to a CBS News report today, which is more than has been enrolled for coverage on the new exchanges! ……….. http://larouchepac.com/node/28713 ( Insurance Cancellations: What Did Obama Know, and When Did He Know It? http://larouchepac.com/node/28724 ) ” Obama Administration Keeps Chiseling Seniors: Social Security Cost-of-Living Increase is Only 1.5 Percent ………In the context of the Oct. 30 Senate-House budget conference meeting, NPR ran a spot on Social Security, yesterday, citing Soros partner Stanley Druckenmiller saying of Social Security that, “This is all current seniors just feeding at the trough, stealing from future seniors,” and also quoting Jonathan Cowan, the director of the “Democratic” think tank Third Way, saying that “Older Americans, their lobbies, and the politicians who do what they ask, are actually waging war on young people.” A number of stories out in the press note a developing split between Obama and Congressional Democrats over Obama’s willingness (actually, eagerness) to entertain cuts to entitlements, including Social Security and Medicare. Negotiations on the budget deal (cuts) are scheduled to resume Nov. 13. ” http://larouchepac.com/node/28736 SOROS IS A MAN RELATED ALSO TO CARLYLE GROUP, BLACKSTONE AND ROTHSCHILDS. http://www.culturechange.org/CarlyleEmpire.html ( More People May Lose Health Insurance Through Website Crash http://larouchepac.com/node/28681 ) ( Pushing Entitlement Cuts Goes Way Back with Barack Obama http://larouchepac.com/node/28701 ) 4) “CUTS IN HEALTH INSURANCE FOR DETROIT CITY WORKFORCE November 1, 2013 • 5:57AM A week ago, Detroit Emergency Manager Kevyn Orr had announced sweeping changes to health insurance for active and retired workers, slated to take effect Jan. 1, and included a summary of those cuts published by the Detroit News. More information is contained in an “adversary proceeding” filed in the bankruptcy court in Detroit on October 20, 2013, by the Official Committee of Retirees and two union retiree organizations, against the City and Orr. The opening paragraphs of the Complaint explain that during their employment with the City, the retirees “agreed to a compensation package which included the City’s commitment to provide them (and often their spouses and dependents) with healthcare benefits at a significantly reduced or no cost when they retired.”… “Nevertheless, the City recently distributed its 2014 Calendar Year City of Detroit Retiree Healthcare Plan, by which the City attempts to walk away from its contractual obligation to provide vested healthcare benefits to the Retirees and their spouses. The City has unilaterally decided to reduce its funding of the vested healthcare benefits by approximately 83%.” This means, the Complaint continues, that “To obtain comparable healthcare benefits, many of [the retirees] will be forced to go out of pocket an additional several hundred dollars per month and several thousand dollars per year.” The Complaint explains that, based on the City’s announced cuts, * “75% of Medicare eligible Retirees will see: (a) their deductibles quadruple from $175 to $750, (b) their medical co-pays and co-insurance out-of-pocket maximums double, and (c) their drug co-pays sky-rocket.” * For retirees not eligible for Medicare, “the City’s Plan will significantly increase their premiums as well as their share of actual costs incurred.” Specifically, “the City is reducing its share of the total healthcare costs for the Retirees not eligible for Medicare from 72% of the total costs to 15%, while increasing the Retirees’ share from 28% to 85%.” * Further, “On the healthcare exchanges, a Retiree who makes $29,000 annually would have to pay an additional $812 in annual premiums (above the City’s contribution and any federal subsidy) just to procure a policy that will cover only about 70% of his costs. … These additional expenditures are beyond the means of most Retirees, many of whom survive on an income under $20,000 per year. … Because of these additional costs associated with medical treatment, significant and important medical procedures and/or treatment will now be beyond the financial means of most Retirees.” Adversary proceedings are separate but related to an ongoing bankruptcy case (in this case, that of the City of Detroit), when two or more parties dispute who has the right to certain assets, or whether previous financial actions by the debtor were legal, and similar issues which affect the main case. The Official Committee was appointed in August by the Bankruptcy Court, to act as the authorized representative of the retirees in the Detroit case. ” http://larouchepac.com/node/28731 THE PROBLEMS OF DETROIT ARE LINKED WITH THE BANKS UBS AND BANK OF AMERICA. ” Detroit Requests Congressional Hearing; Swaps Costs May Be Worse July 31, 2013 • 12:06PM On July 30, the Detroit City Council unanimously approved a resolution calling for a Congressional (House Judiciary Committee) hearing on the “strategic” use of bankruptcy filings across the nation, and whether Detroit is using this to cut pensions and retiree healthcare. The resolution backs a call for hearings by Judiciary Committee ranking member Rep. John Conyers of Michigan. City Councilwoman JoAnn Watson proposed the resolution last week. Some experts are now estimating that the payments to the megabanks UBS and Bank of America, which Detroit faces on the “interest-rate swaps” derivatives it was conned into buying, may even be considerably larger than the $225 million reported in EIR’s “Detroit Facts”. According to both the Financial Times and columnist Yves Smith’s Naked Capitalism blog, the city may face immediate looting of $700 million, on top of more than $100 million a year lost to the city for the past eight years on these derivatives bets. The appointment of Kevyn Orr as emergency manager by Gov. Rick Snyder on March 14, was itself a “credit event” potentially triggering a $400 million derivatives payment by the city, one which Orr and the banks may be “not bringing up” until bankruptcy court hearings start. Detroit’s rapid indebtedness — going from about $6 billion in debt in 2005 to $18 billion now, is in fact not unusual, except for the size of the city. The national total of municipal debt outstanding doubled from $1.9 trillion to $3.8 trillion in the same period of time, because of the impact of debt and interest-rate derivatives looting, and then the overwhelming economic effects of the 2007-08 global banking crash. ……….” http://larouchepac.com/node/27564 BANK OF AMERICA is also connected with the person of Warren Buffet a friend of JACOB ROTHSCHILD and EVELYN DE ROTHSCHILD. http://www.huffingtonpost.com/2011/11/14/warren-buffett-ibm_n_1092165.html https://wikispooks.com/ISGP/organisations/introduction/PEHI_Jacob_de_Rothschild_bio.htm https://wikispooks.com/ISGP/organisations/introduction/PEHI_Evelyn_de_Rothschild_bio.htm Bank Of America and Merrill Lynch ( subsidiary of Bank of America ) are also related with the Edmond De Rothschild, owned by BENJAMIN DE ROTHSCHILD AND ARIANE DE ROTHSCHILD, through the persons of Gerald Levy, Matthieu Walterspiler, Barbara Colombo, Beate Bakker, etc… https://en.wikipedia.org/wiki/Benjamin_de_Rothschild https://en.wikipedia.org/wiki/Ariane_de_Rothschild http://www.linkedin.com/pub/gerald-levy/60/b49/b87 http://uk.linkedin.com/in/walterspiler http://www.linkedin.com/pub/barbara-colombo/26/b21/766 http://ch.linkedin.com/pub/beate-bakker/16/a55/491 UBS IS ALSO CONTROLLED BY BLACKROCK LIKE GOLDMAN SACHS. http://www.telegraph.co.uk/finance/newsbysector/banksandfinance/9247055/BlackRocks-Michelle-Edkins-behind-wave-of-shareholder-revolts.html http://advisor.morningstar.com/articles/printfriendly.asp?s=&docId=18573&print=yes CONSEQUENTLY WE WILL FIND ALSO IN UBS JACOB ROTHSCHILD, BENJAMIN DE ROTHSCHILD, ARIANE DE ROTHSCHILD AND EVELYN DE ROTHSCHILD. ” The fight for a Glass-Steagall type banking sepearation in Switzerland is now reaching the boiling point, with the Swiss Banking Association being forced to come out in the open and attack proposed legislation in Switzerland for Bank Separation, while a grouping of political forces are now consolidating their fight to force the legislation. …………………………. UBS chief Sergio Ermotti, on the contrary, chose to declare war in an interview with the economic magazine L’Agefi. While the apparent subject of the interview was the UBS gains from its investments in Vodafone, his remarks came down to an attack on the bank separation initiative, and, in particular, on SPP leader Christoph Blocher. In view of those financial gains, Ermotti said, it is understandable why people who want to strengthen the Swiss financial center and its banks, keep pushing bank separation. “It is also fundamentally difficult to carry out a professional discussion on the issue,” he protested….. ” http://larouchepac.com/node/28272 http://www.telegraph.co.uk/news/politics/8875360/Taxman-accused-of-letting-Vodafone-off-8-billion.html ( More Evidence of How the British Looted Detroit to Death http://larouchepac.com/node/27516 ) ( Detroit: Pensions or Derivatives? Glass-Steagall Would Have Made the Choice http://larouchepac.com/node/27528 ) http://www.rollingstone.com/politics/news/gangster-bankers-too-big-to-jail-20130214 ( UBS, Scared by Glass-Steagall, Announces Fake Pre-Emptive ‘Separation’ http://larouchepac.com/node/28739 ) 5) ROBBER BARONS OF DEUTSCHE BANK PLAN TO STEAL THE DEPOSITS OF THE SAVERS ” At an event of the Konrad Adenauer Foundation in Wiesbaden on Wednesday night, the theme of which could be described as “Ask what you can do for your bank,” the two speakers, Hesse State Finance Minister Thomas Schäfer (CDU) and Deutsche Bank chief economist Thomas Mayer, made heavy propaganda pitches for the bail-in approach, presenting it along with the euro as ostensibly lacking any alternative. Mayer even went so far as to speak of the “unenlightened welfare state citizen” who always wants the state to give and never gives himself, as opposed to the “enlightened welfare state citizen” who voluntarily pays more taxes.” http://larouchepac.com/node/27223 http://larouchepac.com/node/28525 WE HAVE ALREADY NOTED THAT DEUTSCHE BANK IS RELATED WITH BLACKSTONE. http://transmissionsmedia.com/the-911-illusion-part-ii-deutsche-bank-blackstone/ NATO THAT IS CONTROLLED BY THE ATLANTIC COUNCIL HAS STRONG RELATIONS WITH DEUTSCHE BANK. CAIO KOCH-WESER, VICE CHAIRMAN OF DEUTSCHE BANK IS ALSO CO-CHAIRMAN OF THE BUSINESS AND ECONOMICS ADVISORY GROUP (BEAG) OF THE ATLANTIC COUNCIL. http://www.atlanticcouncil.org/about/advisory-groups 6) ” VIOLENT REVOLTS IN BRITTANY, A TASTE OF GREECE IN FRANCE October 31, 2013 • 10:56AM The French region of Brittany, once the model of the post-war industrial reconstruction and modernization policies, has in recent weeks and days entered into profound crisis. Last weekend a demonstration of some 1,000 farmers and entrepreneurs became a violent confrontation with the police. One of the demonstrators lost his hand when a grenade he was launching exploded, another one was gravely wounded. Apparently, what led to a mass revolt in the region is an ecology tax on heavy transporters adopted by Sarkozy, but which the Socialists with their Greenie allies are now imposing throughout France. Brittany is a very extended region with a highly developed and integrated agro-food sector, which would be taxed much more than other regions……….” http://larouchepac.com/node/28726 ” But behind this ecological tax there is another issue, which has never been submitted to public debate: this is the first time that the collection of the tax is entrusted to private companies. A consortium led by Benetton, Goldman Sachs, Thales and SFR receives 20% of the tax revenues to ensure its collection. Something similar has never seen before!…………. “The eco-tax is without doubt expensive,” admits Marie-Hélène Des Esgaulx. For a total of 1.2 billion euros collected, approximately EUR 280 million are devoted to the remuneration of the private company that ensures the collection. 23% [1]! It is the most expensive fee ever implemented!…….. http://www.bastamag.net/article3465.html http://translate.google.com/translate?sl=fr&tl=en&js=n&prev=_t&hl=en&ie=UTF-8&u=http%3A%2F%2Fwww.bastamag.net%2Farticle3465.html IN CONCRETE THE BENETTON FAMILY IS A COVER OF THE ROTHSCHILDS. ALESSANDRO BENETTON WORKED FOR GOLDMAN SACHS INTERNATIONAL. https://it.wikipedia.org/wiki/Alessandro_Benetton BENETTON IS ALSO CONNECTED WITH JP MORGAN. http://blog.ilgiornale.it/porro/2013/10/28/i-benetton-e-i-muri-cinesi-di-jpmorgan/ http://translate.google.com/translate?sl=auto&tl=en&js=n&prev=_t&hl=en&ie=UTF-8&u=http%3A%2F%2Fblog.ilgiornale.it%2Fporro%2F2013%2F10%2F28%2Fi-benetton-e-i-muri-cinesi-di-jpmorgan%2F 7) GOLDMAN SACHS CONTROLS ALSO BRITAIN BECAUSE THE GOVERNOR OF THE BANK OF ENGLAND IS A MAN OF GOLDMAN SACHS. ” Bank of England Head Carney Hangs Out His Shingle: Financial Cancer Welcome Here October 28, 2013 • 8:53AM The new head of the Bank of England, Mark Carney, who took office in August of this year, intends to make the City of London even more friendly than it is now to cancerous financial speculation, if you can imagine that. In his first major speech on financial regulation, Carney, a former Goldman Sachs banker, told an audience organized by the Financial Times: “Five simple words describe our approach: we are open for business.” Among other things, he announced relaxed rules for collateral that banks must provide in exchange for Bank of England funds. In an Oct. 26 article in the Telegraph, Kamal Ahmed gushed: “The new Governor has shown a proper understanding of the role financial services play in Britain’s economic health. Yes, the banking sector might be four times the size of the UK’s national income—a figure Mr. Carney suggested could rise to nine times by 2050—but as long as that system is resilient and the taxpayer protected from ever having to bail out institutions again, it does not need to be a problem.” Ahmed quoted Carney saying: “The UK stands to benefit because of London’s place at the heart of the global financial system.” Therefore, the Bank of England “will now offer liquidity against a wider range of collateral, offer it over a longer period and lower the cost of the facilities,” Ahmed reported. “The City, after all, does support a million jobs in the UK, two-thirds of them outside the capital.” Ahmed also urged Carney, and the Confederation of British Industry, to put an end once and for all to any thought of ring-fencing or anything vaguely resembling bank separation—let alone a serious Glass-Steagall anti-cancer treatment—lest the City of London’s preeminent role in world finance be threatened. ” http://larouchepac.com/node/28692 ” Great Britain is attempting to rebuild its empire, step by step, in the midst of the meltdown of the trans-Atlantic system. Earlier this month while on tour in China, Chancellor of the Exchequer George Osborne announced that the City of London hopes to become China’s offshore banking center, and it wants to corner 80% of the renminbi foreign exchange trade. Now both Osborne and Prime Minister David Cameron have announced that they want London to become the Islamic banking center of the world, as well…………” http://larouchepac.com/node/28709 carney, osborne and cameron WHILE ARE MAKING PLANS FOR THE BANKS, IN THE SAME TIME ARE ABANDONING THE MOST VULNERABLE PEOPLE OF THE SOCIETY IN THE MISERY !!! http://www.guardian.co.uk/politics/2012/apr/20/david-cameron-jersey-panama-geneva http://www.dailymail.co.uk/news/article-1080666/Multi-millionaire-Nat-Rothschild-Osbornes-200-000-gift.html http://www.independent.co.uk/news/uk/politics/163850bn-official-cost-of-the-bank-bailout-1833830.html “UNITED KINGDOM GOVERNMENT DENOUNCED FOR CRIMES AGAINST DISABLED PEOPLE TO INTERNATIONAL CRIMINAL COURT IN THE HAGUE” http://www.mssociety.org.uk/forum/everyday-living/united-kingdom-government-denounced-crimes-against-disabled-people-internation http://www.theguardian.com/society/2012/sep/12/private-firms-disability-assessment-regime http://socialinvestigations.blogspot.co.uk/2013/08/charity-sector-lobbied-jeremy-hunt-to.html http://socialinvestigations.blogspot.co.uk/2012/07/over-60-mps-connected-to-companies.html http://socialinvestigations.blogspot.co.uk/2012/02/nhs-privatisation-compilation-of.html “EXCLUSIVE: RED CROSS LAUNCHES EMERGENCY FOOD AID PLAN FOR UK’S HUNGRY” http://www.independent.co.uk/news/uk/home-news/exclusive-red-cross-launches-emergency-food-aid-plan-for-uks-hungry-8872496.html “10,600 SICK & DISABLED PEOPLE DIED LAST YEAR WITHIN SIX WEEKS OF THEIR CLAIM ENDING ” http://blacktrianglecampaign.org/2012/10/04/10600-sick-disabled-people-died-last-year-within-six-weeks-of-their-claim-ending/ ” BEDROOM TAX BLAMED FOR GRAN’S DEATH ” http://www.standard.co.uk/panewsfeeds/bedroom-tax-blamed-for-grans-death-8612630.html http://www.dailymail.co.uk/news/article-2240075/Now-sick-babies-death-pathway-Doctors-haunting-testimony-reveals-children-end-life-plan.html http://www.telegraph.co.uk/health/healthnews/9716418/Half-of-those-on-Liverpool-Care-Pathway-never-told.html 8) “Glass-Steagall Campaign in Italy The following was contributed by Liliana Gorini, Chairwoman of Movisol, in Italy. In the last weeks, the debate over banking separation increased in Italy, as a result of the Movisol campaign to gather signatures 50,000 signatures for a proposed legislation on Glass-Steagall, and also as a result of the worsening economic and social crisis in Italy. More than 1,500 small and medium-sized entrepreneurs have committed suicide in Italy in the last year, because their firms, which were mostly family enterprises, went bankrupt as a result of the lack of bank credit. At the same time, the Monti government and the Letta government, gave banks that have been speculating in derivatives, such as Monte dei Paschi di Siena, almost EU6 billion, more than the revenues of the much-hated IMU property tax on homeowners’ residences, while cutting the social expense (pensions, health, education) as demanded by the EU. And now the discussion about bail-in and a 15% forced levy on bank accounts, as in Cyprus, is making the population very angry. ………………….. ” http://larouchepac.com/node/28706 ( Italy: Two New Legislative Initiatives for Glass-Steagall http://larouchepac.com/node/28732 ) THE PRINCE GIROLAMO STROZZI IS A DIRECTOR OF MONTE DEI PASCHI DI SIENA. Click to access Banca%20Monte%20dei%20Paschi%20di%20Siena2003.pdf GIROLAMO STROZZI IS CONNECTED WITH TONY BLAIR. http://aangirfan.blogspot.nl/2006/05/blair-and-natalia.html AND TONY BLAIR IS LINKED WITH JACOB ROTHSCHILD AND EVELYN DE ROTHSCHILD. http://www.telegraph.co.uk/news/celebritynews/6672904/Roman-Polanski-will-be-too-late-to-complete-his-film.html “Tony Blair. Illegitimate Son Of Jacob Rothschild….Evidence” http://the-tap.blogspot.com/2012/06/can-you-spot-it.html https://en.wikipedia.org/wiki/Jacob_Rothschild,_4th_Baron_Rothschild http://www.dailymail.co.uk/news/article-1138789/Now-Tony-Blairs-finally-got-private-jet-hes-wanted-rented.html https://en.wikipedia.org/wiki/Evelyn_Robert_de_Rothschild NOW WE MUST NOTICE A STRANGE COINCIDENCE:” TONY BLAIR A GREAT FRIEND OF JACOB ROTHSCHILD AND ALSO GREAT FRIEND OF EVELYN DE ROTHSCHILD AND “CASUALLY” HE FOUND A GOOD PLACE IN THE BANK JP MORGAN”. http://www.rawstory.com/rs/2012/05/28/heckler-brands-tony-blair-a-war-criminal-over-jpmorgan-payments/ http://landdestroyer.blogspot.de/2012/05/protester-calls-tony-blair-war-criminal.html http://www.thisismoney.co.uk/money/celebritymoney/article-2167655/Former-PM-Tony-Blair-alleged-earned-80million-2007.html http://www.thisismoney.co.uk/news/article-2167038/Tony-Blair-earned-20m-just-year-advising-business-bosses-foreign-governments.html ” In Britain, on April 1, 1999, the first initiative was taken by the Tony Blair government (1997-2007) in the name of health care “reform,” to institute an updated version of the Hitler T4 program: the National Institute for Health and Clinical Excellence (NICE) was formed, to dictate what treatments would, and would not, be given to designated groups of patients in the British National Health Services (NHS), which had served the nation since the 1940s. Blair’s health adviser to set up NICE, Simon Stevens, then moved to takedown the NHS system, by privatizing key functions, in particular through the private insurer UnitedHealth Group UK, which Stevens joined. The record shows how the death rate has climbed for whole classes of Britons, especially the elderly and cancer patients, as a result of both NICE barring treatments, and the NHS being dismantled. For example, as of 10 years after NICE went into effect, only 40 to 48% of British men diagnosed with cancer survived, and 48 to 54% of British women; in stark contrast to Sweden, for example, where 60% of men and 61% of women survived after a cancer diagnosis. …….. ” http://larouchepac.com/node/28620 JP MORGAN IS ALSO CONNECTED WITH THE EDMOND DE ROTHSCHILD CONTROLLED BY BENJAMIN DE ROTHSCHILD ( https://en.wikipedia.org/wiki/Benjamin_de_Rothschild) AND BY HIS WIFE ARIANE DE ROTHSCHILD ( https://en.wikipedia.org/wiki/Ariane_de_Rothschild ). http://uk.linkedin.com/pub/juan-bergas-sastre/22/39/898/en http://www.zoominfo.com/p/Richard-Madeley/89504503 ( NAZI ” j.p. morgan SAYS POST-WWII ANTI-FASCIST CONSTITUTIONS ARE OBSTACLE TO REIMPOSING FASCISM ” http://larouchepac.com/node/26996 ) http://waronyou.com/forums/index.php?topic=25529.0 http://larouchepac.com/node/28338 http://larouchepac.com/node/27485 http://www.occupy.com/article/global-power-project-part-4-banking-influence-jpmorgan-chase http://larouchepac.com/node/28700 THE BANK MONTE DEI PASCHI DI SIENA IS RELATED ALSO WITH THE EDMOND DE ROTHSCHILD CONTROLLED BY BENJAMIN DE ROTHSCHILD AND BY HIS WIFE ARIANE DE ROTHSCHILD. http://be.linkedin.com/pub/tiziana-rizzo/9/896/7ab http://www.linkedin.com/pub/amaury-nam%C3%A8che/a/bb4/51 https://en.wikipedia.org/wiki/Benjamin_de_Rothschild https://en.wikipedia.org/wiki/Ariane_de_Rothschild http://au.news.yahoo.com/world/a/18263600/jp-morgan-under-investigation-in-monte-paschi-probe-document/ THE “ITALIAN” FINANCE MINISTER fabrizio saccomanni WANTS TO REDUCE THE USE OF THE CASH PAYMENTS THAT ARE ALREADY BANNED OVER 1.000 EURO WITH THE PRETEST THAT WILL BE REDUCED THE TAX EVASION. http://translate.google.com/translate?hl=en&ie=UTF8&prev=_t&sl=it&tl=en&u=http://www.comedonchisciotte.org/site/modules.php%3Fname%3DNews%26file%3Darticle%26sid%3D12531 ” Imposing the “cashless society”, banks get rid of their old nightmare: the bank run. Banks do not really have on hand the money that you gave them in storage; have them involved ten or twenty times their value, in «investments»;they earn huge profits from interests on this fictional currency. The game holds up because people do not know this fact – the fundamental fractional credit fraud – and believes that his deposits are safe in the Bank». …………………………….. In cashless society, the problem is solved. The Bank may lack cash, banknotes but is never short of electronic bits. Do You want 10 thousand euros today ? You call the Director, they say you that “is prohibited”, and if you insist, they tell you to re-pass “after five days”. Tomorrow instead 10 thousand euros are ready and already paid in your virtual wallet, which can also be your smartphone.” http://translate.google.com/translate?sl=it&tl=en&js=n&prev=_t&hl=en&ie=UTF-8&eotf=1&u=http%3A%2F%2Fwww.effedieffe.com%2Findex.php%3Foption%3Dcom_content%26view%3Darticle%26id%3D219625%3Abersani-fara-la-guerra-al-contante-opponiamoci%26catid%3D83%3Afree%26Itemid%3D100021 ” Saccomanni worked at the Bank of Italy most of his career.[4] His tenure at the bank interrupted only when he worked at the International Monetary Fund (1970 – 1975) and at the London-based European Bank for Reconstruction and Development where he served as vice president from 2003 to 2006.[5] He also served as the chairman of the foreign exchange policy committee of the European Monetary Institute from 1991 to 1997 in addition to his post at the Bank of Italy.[6] He was the director general of the Bank of Italy where he started his career in June 1967.[3][7] He was appointed director general on 2 October 2006 and reappointed in 2012.[1] He was also a board member of the Bank for International Settlements and an alternate to the governor of the Bank of Italy in the Governing Council of the European Central Bank.[3] ” https://en.wikipedia.org/wiki/Fabrizio_Saccomanni THE PLAN OF ELIMINATION OF THE CASH IS IN CONCRETE A PLAN OF GOLDMAN SACHS BECAUSE THE BANK OF ITALY WHERE WORKED saccomanni IS CONTROLLED BY GOLDMAN SACHS. http://www.telegraph.co.uk/finance/markets/2809685/Italians-claim-country-run-by-Goldman-Sachs.html saccomanni HAVE TO EXPLAIN US HOW IS GOING TO RESOLVE THE PROBLEMS OF SOME OF HIS FRIENDS, HUGE TAX DODGERS, THAT CONTROL THE BANK OF ITALY. ” In the Cayman Islands were found the following accounts: 700 26891 A01 N BANCA D’ITALIA UFFICIO RISCONTRO VIA NAZIONALE, 91 I-00184 ROMA ITALIA 709 27154 A01 N BANCA D’ITALIA SERVIZIO RAPPORTI CON L’ESTERO, UFFICIO RISCONTRO 2484 VIA NAZIONALE, 91 I-00184 ROMA ITALIA; – on the web – http://spazioinwind.libero.it/cobas/finanzaloro/bancaditalia.htm – The Bank of Italy in 1994, through the Italian Exchange Office (UIC) entered – with $ 100 million – in a society controlled by the Hedge Fund Ltcm established in the tax haven of the Cayman Island by promoting members of the same LTCM! ! http://www.disinformazione.it/questione_monetaria.htm http://translate.google.com/translate?hl=en&ie=UTF8&prev=_t&sl=it&tl=en&u=http://www.disinformazione.it/questione_monetaria.htm http://www.globalresearch.ca/financial-crime-in-londons-parasites-paradise-or-the-best-sanctuary-money-can-buy/5307928 CORRUPT AND CRIMINAL EUROPEAN UNION HAS PREPARED BIG FUND (EUROPEAN STABILITY MECHANISM) WITH THE MONEY OF THE EUROPEAN CITIZENS TO SAVE SOME BANKRUPT BANKS. http://larouchepac.com/node/23172 ” Deutsche Bank, now the number one derivatives- and currency-trading bank in the world through its City of London operation, survived to become what it is now — a monster with a $72 trillion derivatives portfolio — because it was massively bailed out in October 2008 by Timothy Geithner and the New York Fed.” http://larouchepac.com/node/26698 ITALY AND THE EUROPEAN UNION ARE WELL CONTROLLED BY GOLDMAN SACHS. http://www.independent.co.uk/news/business/analysis-and-features/what-price-the-new-democracy-goldman-sachs-conquers-europe-6264091.html ( FIVE YEARS LATER: RED CROSS, CARITAS WARN OF EUROPE’S DESCENT INTO HELL http://larouchepac.com/node/28529 ) 1) ITALY IS INCREASING ITS DEBT IN ORDER TO POUR, IN SEVERAL INSTALLMENTS, OVER 125 BILLIONS TO THE ESM: 2) ITALY WILL INCREASE FOR A SECOND TIME ITS DEBT WHEN WILL ASK AS LOAN A PART OF THAT SAME MONEY WITH USURIOUS INTERESTS BY THE ESM IN ORDER TO GIVE THEM TO THE BANKS. http://translate.google.com/translate?sl=it&tl=en&js=n&prev=_t&hl=en&ie=UTF-8&u=http%3A%2F%2Fwww.comedonchisciotte.org%2Fsite%2Fmodules.php%3Fname%3DNews%26file%3Darticle%26sid%3D12431%26mode%3Dthread%26order%3D0%26thold%3D0 ALSO ITALY ARE ABANDONING ITS DISABLED PEOPLE WITHOUT BENEFITS AND WELFARE IN ORDER TO SAVE THE BANKS. http://translate.google.com/translate?sl=it&tl=en&js=n&prev=_t&hl=en&ie=UTF-8&u=http%3A%2F%2Fwww.nuovaresistenza.org%2F2013%2F10%2F26%2Flitalia-abbandona-piu-deboli%2F ( Poverty Has Doubled in Five Years in Italy http://larouchepac.com/node/28725 ) 9) ROBBER BARONS IN ACTION IN ITALY enrico letta, THE PRIME MINISTER OF ITALY IS PROCEEDING TO THE SELLING OUT OF ITALY. https://en.wikipedia.org/wiki/Enrico_Letta enrico letta IS A PUPPET OF GOLDMAN SACHS BECAUSE HIS UNCLE gianni letta IS “A MEMBER OF THE ADVISORY BOARD OF GOLDMAN SACHS INTERNATIONAL”. https://en.wikipedia.org/wiki/Gianni_Letta letta IS SELLING THE COMPANY ANSALDO TO DOOSAN, GENERAL ELECTRIC AND HITACHI. http://translate.google.com/translate?sl=it&tl=en&js=n&prev=_t&hl=en&ie=UTF-8&u=http%3A%2F%2Fwww.ilmanifesto.it%2Fattualita%2Fnotizie%2FmricN%2F9907%2F DOOSAN IS RELATED TO MCKINSEY. https://alumni.mckinsey.com/alumni/default/public/content/jsp/alumni_news/20060926_JimBemowskiLBN.jsp MCKINSEY IS LINKED WITH TONY BLAIR, A NOTORIOUS FRIEND OF LORD JACOB ROTHSCHILD AND SIR EVELYN DE ROTHSCHILD. http://aangirfan.blogspot.com/2005/06/enron-mckinsey-tony-blair-cabinet.html http://www.dailymail.co.uk/news/article-1359330/Gaddafi-heir-Saif-inevitably-friend-Andy-Mandy.html http://www.dailymail.co.uk/news/article-1138789/Now-Tony-Blairs-finally-got-private-jet-hes-wanted-rented.html MCKINSEY IS ALSO LINKED WITH BENJAMIN DE ROTHSCHILD. http://il.linkedin.com/pub/michal-agmon/22/359/784 http://www.linkedin.com/pub/dir/Pascal/Chrobocinski GENERAL ELECTRIC IS CONNECTED ALSO WITH BP AND GOLDMAN SACHS BOTH CONTROLLED BY BLACKROCK. http://larouchepub.com/other/2007/3427bae_slimemold.html http://www.sourcewatch.org/index.php/BlackRock HITACHI ALSO HAS RELATIONS WITH GOLDMAN SACHS. http://www.hightechnewstoday.com/mar-2011-high-tech-news-archives/55-mar-07-2011-high-tech-news.shtml ” In the television performance of PILLAGER Saccomanni, aroused particular wonder the hypothesis to privatize, in addition to ENI, also the RAI…….. The interesting aspect of the RAI in the eyes of privatisation lobby, concerns something else, precisely its not negligible real estate. The “public” broadcasting entity owns many buildings and land, located in almost every region of Italy. ” http://terracinasocialforum.wordpress.com/2013/10/31/colto-con-le-mani-nel-sacco-manni/ http://translate.google.com/translate?sl=it&tl=en&js=n&prev=_t&hl=en&ie=UTF-8&u=http%3A%2F%2Fterracinasocialforum.wordpress.com%2F2013%2F10%2F31%2Fcolto-con-le-mani-nel-sacco-manni%2F https://en.wikipedia.org/wiki/RAI RAI OWNS ABOUT 660,000 SQUARE METERS OF REAL ESTATE !!!. http://www.immobili.rai.it/ http://translate.google.com/translate?sl=it&tl=en&js=n&prev=_t&hl=en&ie=UTF-8&u=http%3A%2F%2Fwww.immobili.rai.it%2F ” The privatisation of real estate does not give nothing to the State, but It costs, and even very much…..Saccomanni has decided to find the necessary money, almost two billion euro within the next four years, in an institute like the INAIL, the National Institute for Insurance against Accidents at Work. ” SACCOMANNI IS PAYNG THE ROBBER BARONS TO STEAL OUR HOME ? “In the INAIL there is still a lot to plunder, because is not only a financial safe, but also owns a huge real estate. Although the sales of the past few years, INAIL still owns a real estate rather rich and varied, ranging from historic buildings of architectural and artistic value, until the offices and the apartments. ” http://translate.google.com/translate?sl=it&tl=en&js=n&prev=_t&hl=en&ie=UTF-8&u=http%3A%2F%2Fwww.a-realestate.it%2Fnews%2Fspeciali%2F111006_inail.html%3Fpg%3D2 ( ITALY WILL SELL OFF HISTORIC CASTLES TO RESTORE THE BUDGETARY HOLES http://translate.google.com/translate?sl=it&tl=en&js=n&prev=_t&hl=en&ie=UTF-8&u=http%3A%2F%2Fwww.comedonchisciotte.org%2Fsite%2Fmodules.php%3Fname%3DNews%26file%3Darticle%26sid%3D12458 ) ” The Wall Street Journal recently reported the renewed interest for U.S. and German multinationals for the Italian real estate; ” http://online.wsj.com/news/articles/SB10001424052702304330904579137381040342114 http://translate.google.com/translate?sl=it&tl=en&js=n&prev=_t&hl=en&ie=UTF-8&u=http%3A%2F%2Fterracinasocialforum.wordpress.com%2F2013%2F10%2F31%2Fcolto-con-le-mani-nel-sacco-manni%2F THESE MULTINATIONALS ARE REALY AMERICACAN AND GERMAN ? A) MORGAN STANLEY IS CONTROLLED BY BLACKROCK LIKE GOLDMAN SACHS. ” BlackRock says it owns about 6.2% of Goldman and 5.4% of Morgan Stanley ” http://advisor.morningstar.com/articles/printfriendly.asp?s=&docId=18573&print=yes B) ALLIANZ IS CONNECTED WITH GOLDMAN SACHS http://larouchepac.com/node/14786 C) QATAR IS A PROTECTORATE OF THE ROYAL BANK OF SCOTLAND. http://www.ipfa.org/news/12957/rbs-pledges-its-expertise-to-support-long-term-qatar-growth BUT RBS IS ALSO LINKED WITH GOLDMAN SACHS. http://larouchepac.com/node/14786 D) CERBERUS CAPITAL MANAGEMENT LP IS LINKED WITH BLACKSTONE. SETH P. PLATTUS IS ” Chief Administrative Officer, Co-General Counsel and Senior Managing Director of Cerberus Capital Management….Prior to joining Cerberus, Mr. Plattus was an investment banker for The Blackstone Group from 1990 to 1994 ” http://www.zoominfo.com/p/Seth-Plattus/68085282 E) KKR & Co. ( Kohlberg Kravis Roberts & Co ) IS RELATED WITH JP MORGAN. ” Institutions which hold two individual cross leadership positions with JPMorgan Chase include: the Monetary Authority of Singapore, the University of Chicago, Kohlberg Kravis Roberts & Co., General Electric, Asia Business Council, the U.S. President’s Foreign Intelligence Advisory Board, the National Bureau of Economic Research (NBER), the Coca-Cola Company, National Bank of Kuwait Advisory Board, INSEAD, China-United States Exchange Foundation, Mitsubishi, the Carlyle Group, and the IMF. ” http://www.occupy.com/article/global-power-project-part-4-banking-influence-jpmorgan-chase F) OAKTREE CAPITAL MANAGEMENT IS LINKED WITH CITIGROUP, RBS, GOLDMAN SACHS AND WARREN BUFFETT, THE FRIEND OF JACOB ROTHSCHILD AND EVELYN DE ROTHSCHILD. Howard Marks Co-founder and Chairman of Oaktree Capital Management ” worked at Citicorp first as an equity research analyst and then as the company’s Director of Research. From 1978 to 1985 he served as the company’s Vice President, as well as a senior portfolio manager overlooking convertible and high yield securities ” ” In March 2011 he published the book The Most Important Thing: Uncommon Sense for the Thoughtful Investor through Columbia Business School Press. The book covered his investment strategies and analysis of market opportunity and risk. The book was praised by Warren Buffett, who called it a rarity in its usefulness. According to Buffett, “When I see memos from Howard Marks in my mail, they’re the first thing I open and read. I always learn something, and that goes double for his book.”[12] ” https://en.wikipedia.org/wiki/Howard_Marks_(investor) ” The Royal Bank of Scotland interlocks with BP, Goldman Sachs, Textron, Lloyds TSB, UBS Warburg, J.P. Morgan Cazenove, Swiss Re, mining company Xstrata, pharmaceuticals giant AstraZeneca, Citigroup, and the Prince’s Trust. Lloyds TSB and HBOS, the other two of the top five British banks, plug into this same network in multiple places.” http://larouchepub.com/other/2007/3427bae_slimemold.html http://larouchepac.com/node/14786 G) BLACKSTONE GROUP ” Professor Joseph Stiglitz, former Chief Economist of the World Bank, and former Chairman of President Clinton’s Council of Economic Advisers, goes public over the World Bank’s, “Four Step Strategy,” which is designed to enslave nations to the bankers. I summarize this below, Step One: Privatization. This is actually where national leaders are offered 10% commissions to their secret Swiss bank accounts in exchange for them trimming a few billion dollars off the sale price of national assets. Bribery and corruption, pure and simple. ” http://www.iamthewitness.com/books/Andrew.Carrington.Hitchcock/Synagogue.of.Satan/1998-2002.htm letta,saccomanni AND company ARE PREPARING TO TAKE THE HUGE TANGENT OF 10% BY GOLDMAN SACHS ? http://www.telegraph.co.uk/finance/markets/2809685/Italians-claim-country-run-by-Goldman-Sachs.html AND berlusconi WHERE IS ?……..IS WAITING ALSO HIM THE HUGE TANGENT OF 10% ? ” To remedy this crisis, we must undertake three important initiatives: 1. SEPARATE THE PURPOSE AND PRINCIPLE OF MEDICINE FROM A DISEASED ECONOMIC SYSTEM. Restore the essence of the Hippocratic Oath as the philosophical center of the medical professions. The practice of medicine is meant to serve the development of people, not Wall Street financial conglomerates, and “population reduction” agendas. As Hippocrates said, “It is the duty of the physician, not only to do that which immediately belongs to him, but likewise to secure the cooperation of the sick, of those who are in attendance, and of all the external agents.” 2. RESTORE THE GLASS-STEAGALL ACT OF 1933. The same Wall Street debt bubble which is crushing the Federal government is crushing the medical profession, as well as the rest of the economy. The only way to liberate ourselves from its destructive effects, is to restore the Glass-Steagall Act of 1933. Its repeal in 1999 opened the door to the growth of the biggest financial bubble in history. We must separate commercial banking from investment banking, and let Wall Street sink under the weight of its own bad investments. No more bailouts, or bail-ins, for Wall Street. 3. IMPEACH PRESIDENT OBAMA. He has repeatedly demonstrated that he is incapable of performing the job for which we hired him. Multiple legal authorities have already assembled articles for impeachment. This man has failed you, and will allow you to die, with his inept and undeniably lethal policies that masquerade as “health care reform.” It is time for the American people and their medical community to wake up, before it is too late. ” http://larouchepac.com/node/28640
January 1, 2017 at 9:16 pm
Dude, did you forget to take your meds?
January 1, 2017 at 9:19 pm
Enjoy the true Fascist, Trump. Hope you’re practicing your goose step.
January 2, 2017 at 2:20 am
I mock pathetic turds like you who don’t have either the brains or the decency to have an actual point. I imagine you probably think you’re funny, but no, you’re just lame. Won’t waste any more time on you.