Monday, July 25, 2016

U.S. Economy Is Underemployed 
& In Massive Debt
"Snapshot of the U.S. economy: Half of us are serving drinks, and the other half are paying the bartender on credit."
- Jim Rickards* 

2 comments:

Anonymous said...

Charles Ortel – Clinton Foundation $100 Billion Criminal Conspiracy
Published on Jul 24, 2016
How much money has the Clinton Foundation raised globally? Wall Street financial expert Charles Ortel says it’s a “$100 billion criminal conspiracy” and goes on to say, “I think it is a disgrace. To put that number into perspective, depending on how you look at the Bernie Madoff Ponzi scheme, that was either $40 billion to $60 billion. This is $100 billion, and maybe more.”

How much Clinton Foundation money actually makes it to charitable causes? Ortel says, “It’s impossible to tell from the filings. You are supposed to tell from the filings, and it’s impossible to tell. One of the biggest expenses in the recent period in the Clinton Foundation is for
Pharmaceuticals for supposedly fighting HIV Aids. If this were a well-run charity, you would provide a detailed breakdown of what pharmaceuticals by type and at what price. There is none of that disclosure. You don’t know if that pharmaceutical number is completely made up or not. You have no way of telling, and the auditors have never done their work. This is why I say this is a text book case study in global charity fraud. It needs to be exposed as such.”

https://youtu.be/0b0EZPjUvBc

Anonymous said...

Hillary Clinton is in Deep Trouble – “Hordes of Wall Street Executives” Descend Upon Philly

“I think she has shown perhaps ironically that she has a better understanding of business and Wall Street than Donald Trump does,” said Steve Rattner, an investment banker and Democratic donor who will make the short Acela ride down to Philly. “The GOP platform includes reinstating Glass-Steagall. And when you watched that [Trump acceptance] speech, Bernie Sanders could have given half of it. Putting partisanship aside, most of my Republican business friends are appalled at the thought of Donald Trump in the White House.”

What braindead Rattner fails to understand is the majority of the American public despise him and his crony “business friends,” and will actively vote to keep them as far away from power as possible.

So while the Clinton camp won’t boast about it given the continuing unpopularity of Wall Street and the populist tilt of the electorate, the City of Brotherly Love will be the City of Banker Love this week. The Clinton campaign did not respond to a request for a comment.

According to the Center for Responsive Politics, Clinton and outside groups supporting her have raised $375 million so far in the 2016 cycle. The securities and investment industry is one of her top sources of cash, donating $40 million to her cause so far, according to the CRP.

But in the background, the “Rubin wing” of the Democratic Party, named for Wall Street executive and former Bill Clinton Treasury Secretary Robert Rubin, will be circulating through panel discussions, Democratic party committee events and cocktail parties.

Larry Summers, a Harvard professor and former Rubin protégé who also served as Treasury Secretary under Bill Clinton, will take part in a POLITICO discussion on the economy on Wednesday along with Neera Tanden, a close Hillary Clinton adviser and president and CEO of the Center for American Progress, a think-tank some on the left now view as too centrist.

Make no mistake about it, if you think the Obama administration represents a bunch of oligarch-coddling banker puppets, you ain’t seen nothing yet.

http://libertyblitzkrieg.com/2016/07/25/hillary-clinton-is-in-deep-trouble-hordes-of-wall-street-executives-descend-upon-philly/#more-36251