Daily Archives: July 16, 2014

Exclusive – Hillary Clinton Extended Interview Pt. 2

The Daily Show has the interview Exclusive – Hillary Clinton Extended Interview Pt. 2.

There is so much wrong with what Clinton has to say here that it reminds me that it is not only her domestic policy that is so off track.

She thinks that if the people alive today understood our history better, they would like us better.

Two days ago I added to my list of Quotes,

It is crucial to understand the history, but the future is the only thing you can change.

If our history were indicative of what kind of country we are today, it would still be just ancient history compared to the relevance of what are we going to do today and into the future.

She goes on to clarify that during the cold war with our competition with the USSR, we had a large information campaign to tell the world about America in comparison to the USSR. She thinks we have cut too far back on such efforts. She forgets that during the cold war, our fear of the competition with the USSR for hearts and minds of people around the world kept the worst tendencies of our oligarchs in check. It is not only the breadth of our story telling has declined, but it is the story itself that has declined. Many of Hillary Clinton’s favorite oligarchs are substantially responsible for the decline of the story.

She then goes on to talk about the situation in Ukraine claiming that Russian propaganda has been more effectively told than our story. In fact, our greatest propaganda victory has been hiding the sordid record of our involvement in this Ukrainian debacle. The fact that she can give a public interview (without getting booed off the stage) claiming that the Russian’s are the bad guys and we are the good guys in the Ukraine shows our propaganda success.

What is sordid about our involvement in the Ukraine has a lot to do with how our oligarchs and their friends around the world want to do worse by the Ukraine than they have already managed to do to the USA. These are the friends of Hillary.

Egregious Fraudster: Introducing Bob Rubin’s Citicorp

New Economic Perspectives has the article Egregious Fraudster: Introducing Bob Rubin’s Citicorp by L. Randall Wray. This article is mostly commentary on The Real News Network interview of Bill Black Who Is the Unsung Hero of the $7 Billion Citigroup Settlement?.

The following quote is from the Wray article quoting Bill Black:

According to Bill,

“This is the latest in the way of embarrassing settlements by the Department of Justice that they’re trying to bill as if they were holding Citicorp accountable… you’ll note that there are no criminal charges in this case against the individuals or against Citicorp. And as a result of all of this, all of the individuals who became wealthy through what the Department of Justice describes as an egregious fraud that was followed by a coverup–in other words, multiple felonies–have not been charged at this point, and, frankly, there’s no indication that they’re about to be charged as well. So the people that committed the frauds get to keep all of the bonuses that were created as a result of those frauds, and it’s another disgraceful moment in the chapter of the Department of Justice….”

All you fans of Hillary Clinton, please remember that Robert Rubin is an example of the type of people who will help fund her campaign for President. He is also indicative of the type of people she is likely to have in her administration. What about this situation do you not understand?

Notice that Bill Black wished his daughter and new son-in-law “Mazel Tov”. If people like Robert Rubin are going to run around and sully the reputation of Jews, then at least I can claim that Bill Black is the type of person who is trying to make up for what Rubin has done.

Perhaps the ethnic background of the names Rubin and Black are less obvious than is the name Greenberg. Perhaps that is the reason why I am particularly angry at the perpetrators of the banking fraud.

This Group Is Starting the Elizabeth-Warren-for-President Campaign

Mother Jones has the article This Group Is Starting the Elizabeth-Warren-for-President Campaign.

A group of progressive activists have unveiled Ready for Warren, a new outfit aimed at convincing Sen. Elizabeth Warren (D-Mass.) to run for president. Ready for Warren’s website asks supporters to sign a petition urging Warren to get in the 2016 race. “It’s time that the American people had a lobbyist of our own, and that lobbyist is Elizabeth Warren,” the petition reads. “By standing up to Wall Street to defend Main Street, Warren has proven herself to be the spine that the Democratic Party forgot it had.”

Go to the Ready For Warren web site to join.

This group has a Facebook page and a Twitter page.

You can either be a nay sayer or a yeah sayer. Which one do you want to be?

My thanks to Cedric Flower for posting this on his Facebook page.

Steve Liesman Embarrasses Rick Santelli On CNBC

YouTube has the video Steve Liesman Embarrasses Rick Santelli On CNBC.

Ironically, sometime in the future the things that Santelli predicts will actually happen. I can predict what the circumstances will be and what he will be saying.

Somehow, the economy finally gets turned around and we go into a boom phase. The federal budget will be running a surplus, we will be at full employment, inflation might even start rising. Santelli will say, look at how well the economy is doing. Imagine how much better it could do if we cut taxes. We don’t need no stinkin’ surplus. You know how to spend your money better than the government does. The surplus is so big we might end up paying off all of our debts, and their won’t be any need for treasury securities. If the government stops selling bonds the world will come to an end.

Somehow, the voters buy into this nonsense just as they did in the Bush years. We get the Bush tax-cuts, we get the hyperinflation that Santelli is no longer warning about, and then the market crashes. At this point Santelli has to change his advice on what to do, or else he will fall into the trap of being right for once in his life.