Wall Street

The Oligarchy Has Created A New Group of Revolutionaries

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Paul Rosenberg – As I write this, the Wall Street complex is creating a new group of radicals… a potent new group of radicals. By now, you probably know the outline of the story:

A large number of young people, many of them locked out of work, used their time to poke around the stock market, looking for opportunities; something that micro-trading apps, stimulus checks and the Internet made practical. Soon enough they discovered hedge funds doing the nasty things that hedge funds do… and turned their game back upon them. They crashed at least one of them. Continue reading →

CEA Chairman Kevin Hassett Discusses Disconnect Between Wall Street and Main Street… [Video]

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Sundance – The investment instruments created by Wall Street billionaire hedge fund managers and institutional multinational banking interests; operated by robotic algorithmic data networks, while programmed to twitch and flitter with coded signals only decipherable by the hired engineers; are wildly swinging amid their detachment from Main Street.

This fluctuating Wall Street process is likely to continue; actually, it’s going to get a hell of a lot worse; because the invisible data driving the activity behind the swings is based on investment bets, derivatives that are entirely disconnected from actual Main Street financial results.  Chairman Hassett discusses: Continue reading →

Obama Denounces “Special Interests” At The University of Chicago

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. . . And Then Quietly Accepts $400,000 For First Speech From Wall Street Special Interests

wall streetJonathan Turley – President Barack Obama was at my alma mater yesterday and used his first public statements to decry how  “special interests dominate the debates in Washington.” Then will now be setting off for his first speech . . . to Wall Street special interests at Cantor Fitzgerald, which will pay him $400,000.  This is the same politician who called such banks “fat cats” who exercise undue influence over our leaders.

Cantor Fitzgerald, a bank, has been touting how it is making a killing on health care investments.  Now, the man who created the health care program will be receiving almost half a million dollars for a single brief speech.  It raises visions of Hillary Clinton who cashed in on Wall Street  speeches while denouncing the influence of Wall Street (and later refused to disclose the content of those speeches to the public).

One distinction is that Hillary pulled in only half of what Obama is demanding from Wall Street and powerful interests. Continue reading →

Wall Street Behind Brazil Coup d’Etat

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Prof Michel Chossudovsky – Control over monetary policy and macro-economic reform was the ultimate objective of the Coup d’Etat. The key appointments from Wall Street’s standpoint are the Central Bank, which dominates monetary policy as well as foreign exchange transactions,  the Ministry of Finance and the Bank of Brazil (Banco do Brasil).

On behalf of Wall Street and the “Washington consensus”, the interim post coup “government” of Michel Temer has appointed a former Wall Street CEO (with U.S citizenship) to head the Ministry of Finance.

Henrique de Campos Meirelles, a former President of FleetBoston Financial’s Global Banking (1999-2002) and former head of the Central Bank under Lula’s presidency was appointed minister of finance on May 12.

centralIlan Goldfajn [Goldfein] (right) appointed to head the Central Bank, was chief economist of Itaú, Brazil’s largest private bank. Goldfajn [Goldfein] has close ties to both the IMF and the World Bank. He is a financial crony of Meirelles.

Historical Background 

Brazil’s currency system under the Real is heavily dollarised. Internal debt operations are conducive to a rising external debt. Wall Street is intent upon maintaining Brazil in a monetary straightjacket.

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A Dire Future

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BrothersPaul Craig Roberts – Do you remember all the hopes Americans had for Obama when we elected him to his first term? Painful memories. He betrayed the voters on every one of his promises. There was no change, except for the worst as Obama went on to become one of the most vicious war criminals in world history. Despite his horrific record, we re-elected him, only to have US economic policy turn against the people in order to bail out at our expense the mega-banks and the One Percent.

Now Obama is coercing Asia and Europe to turn the governments of their countries over to rapacious American corporations empowered by TPP and TTIP to subordinate all interests to their profits.

Here is Pepe Escobar on how the great and wonderful United States treats its enserfed vassals: “Hardball, predictably, is the name of the game. Washington no less than threatened to block EU car exports [to the US] to force the EU to buy [Monsanto’s] genetically engineered fruits and vegetables.” http://www.informationclearinghouse.info/article44594.htm

Now we face the prospect of electing an even worse president than Obama—Killary Clinton. Killary is the bought-and-paid-for property of Wall Street, Israel, and the military-security complex. She will bring back to power the totally discredited neoconservatives, and the US will proceed with its butchery and slaughter of other countries and all reformist governments everywhere.

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