Thursday, July 28, 2016

Get Down With The Monetary Sickness
5* Sometimes Mike Maloney gives exceptional explanations [ie. Secrets of Money]. This short video gives graphic detail of manipulations by the banking system to delay the day of reckoning instead of dealing with the issues .. it is like treating the symptoms of the cancer instead of removing it. Our monetary system has a fundamental disease that is not being addressed. You’ll see that as this disease worsens, it’s the everyday person who will pay the biggest price .. 5 minutes

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Anonymous said...

Hillary’s Choice: Why Tim Kaine Isn’t a ‘Safe’ Pick

The Virginia senator represents an all-clear signal to potential donors in high finance.

By Nomi Prins | July 27, 2016

Once there was a Democratic senator from Virginia who managed to work across party lines to enact innovative legislation to protect ordinary Americans’ savings from bank speculation.

That is not the Virginia Democratic senator Hillary Clinton picked to be her running mate.
Sen. Tim Kaine (D-VA) is no Carter Glass.

Not so Clinton’s choice of Kaine. It indicates a degree of tone-deafness to not just the progressives that supported the presidential bid of Sen. Bernie Sanders (I-VT), but to the problems lurking at the core of the current banking system. Worse, it is a wink to JPMorgan Chase, Citigroup and Goldman Sachs to continue with business as usual.

Kaine’s real job is being the anti-progressive, corporately speaking. Rather than reflecting the “safe” pick that Hillary’s supporters argue he is, the selection reveals her desperate need for those last few months of campaign contributions to beat The Donald. She doesn’t need the $27 average-citizen contributions that were the cornerstone of Sanders’ fundraising machine. She needs Wall Street bucks, and can’t afford to tick off any big bank by running with someone vehemently opposed to their current composition.

When Sanders on Monday threw his might behind Clinton at the Democratic National Convention, he reassured his supporters that the party platform would now include breaking up the big banks and a 21st-century version of the Glass-Steagall Act. In fact, the wording is much vaguer than that. Here’s the relevant section from the Democrats’ platform:

It’s a topsy-turvy world when Donald Trump advocates reinstating the 1933 Glass-Steagall Act to separate people’s deposits from speculative transactions first, while Hillary Clinton and her VP pick did not. And will not if they get to the White House.