Media barons endorse oligarchs for congress

First published in Blasting News:

Media barons throw their support behind the rich and famous for congress condemning the American people to poverty, hunger, ignorance and pestilence.

The American media are owned by billionaires who use the constitutional protections provided for a free press to spread lies and misinformation about candidates.  The media are doling out endorsements of candidates who are committed to continuing congress’ assault on the American people.  The Orlando Sentinel is endorsing Republican Marco Rubio and Democrat Patrick Murphy in Florida’s August 30 primary.  Rubio and Murphy have both been endorsed by the establishment.  The Republican Party is running an ad against Murphy.

Vulture capitalist backs Rubio

Marco Rubio’s presidential aspirations were funded by billionaire hedge fund vulture Paul Singer.  Singer is famous for buying up the debt of distressed nations for pennies on the dollar, then forcing the country into bankruptcy and removing their democratically elected government.   After losing the primary, Rubio who has served his billionaire masters well in the US Senate, decided to run for reelection in Florida. 

Duopoly backs Murphy and Rubio

Both Murphy and Rubio have the full weight of the Democratic and Republican leadership to defeat populist Alan Grayson.   The media barons who are among the rich and famous select our leaders and they despise populist candidates, especially Alan Grayson.  They have the rich and famous congress that they desire and will do anything to keep candidates like Grayson out of their carefully crafted senate.  Congressman Murphy has sided with the GOP on key votes twice as often as with Democrats and yet Grayson is running against both parties for the senate seat.

People vs Oligarchs

Barack Obama, Harry Reid, Joe Biden and Chuck Schumer have all endorsed Patrick Murphy and demanded Grayson drop out of the race.  The Florida primary on August 30^th is truly a David vs. Goliath match, it is the people vs. the oligarchs.  The GOP ad against Patrick Murphy says “Florida’s senate seat is not for sale” I beg to differ.  With the media barons and oligarchs flooding money into the coffers of Rubio and Murphy while attacking Grayson it will be a real victory for America if the people prevail.

By Patricia Baeten

Will the Federal Reserve Bank choose our president?

First published in Blasting News

The continued corruption of the Federal Reserve Bank by Goldman Sachs shows why Hillary Clinton’s restructuring plan needs to take place NOW.

Thomas Jefferson predicted the financial collapse of 2008 when he said "If the American people ever allow private banks to control the issue of their currency, first by inflation, then by deflation, the banks and corporations that will grow up around them will deprive the people of all property until their children wake up homeless on the continent their Fathers conquered.”  He went on to say banking institution are more dangerous to liberty than standing armies.

In 2008 congress claimed no one could have predicted the global financial collapse, they were lying.  Congress refuses to reign in the Central Bank and provide oversight.  Congressman like Ron Paul have had limited success in auditing the Fed, while others like Bernie Sanders want to dismantling the Fed.  Hillary Clinton has proposed the only viable plan. 

Restructure the Fed

According to Matt Taibbi, Hillary’s bottom-up plan is to rebuild the Fed from its fundamentals at the regional level.  The Fed is a bankers’ institution run for banks and by banks.  The Fed is run by a seven-member board located in Washington, along with a dozen regional Fed bank presidents located throughout the country.  The members in Washington are selected by the president and vetted by congress.

However, the regional presidents are chosen by the financial industry and are either bankers or career Fed employees.  Taibbi writes, “New York's regional president is Willian C. Dudley, previously a Goldman Sachs managing director. Robert S. Kaplan of Dallas was a former vice chairman at Goldman. Neel Kashkari… is a former employee of PIMCO, one of the world's largest asset managers and a subsidiary of German financial behemoth Allianz. Dennis P. Lockhart, president of the Federal Reserve Bank of Atlanta is a former Citigroup executive.”

What Clinton has proposed is removing bankers from the regional boards.  It’s a big deal because if those regional Fed presidents were comprised of business people the risky activity that brought down the global banking system in 2008 would never have happened. 

Banks fight Hillary

In the 2008 Wall Street Banks laundered three-quarters of a billion dollars into the Obama campaign after super delegates, led by Chuck Schumer, Joe Biden and Ted Kennedy gifted the nomination to Obama; he lost the popular vote to Hillary Clinton.  What did the banks get for their money?  A massive bailout.

Today it was reported that the Fed has fined Goldman Sachs a tawdry $36 million for the theft of confidential information.  In 2014 a junior Goldman banker, who was previously New York Fed employee, took confidential information from the Federal Reserve Bank of New York.  The information included “confidential reports prepared by banking regulators,” which Goldman used in presentations to current and prospective clients “in an effort to solicit business.”

Hillary’s plan would put an end to that criminal behavior and that is why FBI Director Comey has made statements that contrasted the findings of career investigators who exonerated Hillary.  Comey failed to reveal that prior to becoming FBI Director, he was legal counsel for HSBC, the London bank that laundered money for terrorists and drug cartels in the US.

Alan Grayson who is running for the Senate Seat in Florida has been the victim of a smear campaign run out of the White House.  Obama, Biden and Schumer

By Patricia Baeten