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Paul Merrell

The U.S. Is Not a Democracy, It Is an Oligarchy | Global Research - 0 views

www.globalresearch.ca/...5377765

U.S. oligarchy democracy study

shared by Paul Merrell on 14 Apr 14 - No Cached
  • A study, to appear in the Fall 2014 issue of the academic journal Perspectives on Politics, finds that the U.S. is no democracy, but instead an oligarchy, meaning profoundly corrupt, so that the answer to the study’s opening question, “Who governs? Who really rules?” in this country, is:
  • “Despite the seemingly strong empirical support in previous studies for theories of majoritarian democracy, our analyses suggest that majorities of the American public actually have little influence over the policies our government adopts. Americans do enjoy many features central to democratic governance, such as regular elections, freedom of speech and association, and a widespread (if still contested) franchise. But, …” and then they go on to say, it’s not true, and that, “America’s claims to being a democratic society are seriously threatened” by the findings in this, the first-ever comprehensive scientific study of the subject, which shows that there is instead “the nearly total failure of ‘median voter’ and other Majoritarian Electoral Democracy theories [of America]. When the preferences of economic elites and the stands of organized interest groups are controlled for, the preferences of the average American appear to have only a minuscule, near-zero, statistically non-significant impact upon public policy.” To put it short: The United States is no democracy, but actually an oligarchy.
  • this is the first-ever scientific study of the question of whether the U.S. is a democracy. “Until recently it has not been possible to test these contrasting theoretical predictions [that U.S. policymaking operates as a democracy, versus as an oligarchy, versus as some mixture of the two] against each other within a single statistical model. This paper reports on an effort to do so, using a unique data set that includes measures of the key variables for 1,779 policy issues.” That’s an enormous number of policy-issues studied. What the authors are able to find, despite the deficiencies of the data, is important: the first-ever scientific analysis of whether the U.S. is a democracy, or is instead an oligarchy, or some combination of the two. The clear finding is that the U.S. is an oligarchy, no democratic country, at all. American democracy is a sham, no matter how much it’s pumped by the oligarchs who run the country (and who control the nation’s “news” media). The U.S., in other words, is basically similar to Russia or most other dubious “electoral” “democratic” countries. We weren’t formerly, but we clearly are now. Today, after this exhaustive analysis of the data, “the preferences of the average American appear to have only a minuscule, near-zero, statistically non-significant impact upon public policy.” That’s it, in a nutshell.
  • Paul Merrell on 14 Apr 14
     
    Looking forward to reading the study when published. 
Paul Merrell

Why the United States Always Loses Its Wars | Global Research - 0 views

www.globalresearch.ca/...5430986

war & peace U.S.-foreign-policy foreign-wars

shared by Paul Merrell on 15 Feb 15 - No Cached
  • America loses all its wars because it seems we’ve always been on the wrong side of history. Morally nor legally should any nation have the right to invade and occupy another sovereign nation, much less believe it can achieve victory in long, protracted wars. Yet in violation of all ethical precepts and all international laws, the sole global superpower citing its impunity through exceptionalism hypocritically insists it can maintain its moral high ground in its relentless pursuit of regime changes anywhere it so chooses on earth. We are the global village bully that’s hated by much of the world. And it’s pure self-aggrandizing bullshit to perpetrate the myth that America is hated because of our “freedom,” another rhetorical brainwashing lie. We now live in a fascist totalitarian police state run by a globalized crime syndicate of the central banking cabal. As of last April per a Princeton-Northwestern study the US has officially been designated an oligarchy. Last year after a group of ethnic Russians living in Crimea voted to become part of Russia, the Russian military claimed control over its own naval base there that the US-NATO had been lusting to steal after the unlawful overthrow of Ukraine’s democratically elected sovereign government. Ever since it’s been nonstop lies and propaganda propagated to demonize Putin as the aggressor when in fact all along it’s the American Empire that’s been recklessly pushing what could end up World War III against nuclear powered Russia. With US-NATO missiles installed on Russia’s doorstep in virtually every former Soviet eastern bloc nation, hemming Russia in, who’s really the aggressor here?
  • Meanwhile, despite costing US taxpayers up to six trillion dollars and counting in Iraq alone and another trillion so far in Afghanistan in this age of increasing austerity, the albeit detached reverence for the US military and its abysmal losing war record fail to draw much notice or reflection, much less any real criticism or troubleshooting that might correct the same pattern of mistakes being repeated indefinitely. Another article in the same issue calls for resurrecting the draft as the feeble answer, something my ex-West Point roommate-former Afghan Ambassador-retired general and current Council on Foreign Relations (CFR) member Karl Eikenberry has also publicly advocated. They are all missing the point, unwilling or unable to address the pink elephant in the global room. Respected author-activist David Swanson wrote an incisive rebuttal also confronting the Atlantic article for not answering the obvious question of why America loses at war. He makes the excellent point: The U.S. has killed huge numbers of men, women, and children, made itself hated, made the world more dangerous, destroyed the environment, discarded civil liberties, and wasted trillions of dollars that could have done a world of good spent otherwise. A draft would do nothing to make people aware of that situation. But Swanson merely glides over as a passing fact that the ruling elite is the only entity that stands to gain from war. He fails to emphasize that it is the elite’s power, money and influence that both initiates, but then by calculated design, willfully sabotages the chance of any US military victory after World War II. The reason is simple. If the US triumphed in war it would only delay the totalitarian New World Order from materialization. Only a weakened United States would expeditiously promote a one world government.
  • As a brief historical review tracing events from the dawn of the twentieth century, media mogul Randolph Hearst used the false flag of the Spanish American War to “remember the USS Maine” sinking in the 1898 Havana harbor as its deceitful justification to ruthlessly, violently colonize Cuba and the Philippines, committing ethnic cleansing with estimates as high as near a half million dead Filipinos in that bloodbath. Then it was the “great” English statesman Winston Churchill who plotted the sinking of the Lusitania killing nearly 1200 of his own British citizens (along with 128 Americans) as the baited sacrifice secretly carrying arms to ignite the First World War that was supposed to end all wars.
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  • Then several years later the US encouraged South Korean incursions into Communist North Korea in order to manipulate North Korea into responding in kind. Guaranteeing South Korea full UN support, when the baited North Koreans retaliated by moving two miles inside the South Korean border, that June 1950 “transgression” immediately became the false pretense used to initiate the Korean War.
  • in August 1964 President Johnson lied to the American people with the bogus claim that a US Navy ship was attacked by North Vietnamese gunboats in the Gulf of Tonkin to launch America’s longest running war in history (that is until this century’s everlasting war of terror). That false flag cost near 60,000 American lives and over 3 million dead Southeast Asians, in addition to being the first US humiliating war defeat in its history, marking the first of many consecutive losses.
  • The smaller, less intensive military campaigns of Grenada, Panama, Nicaragua and El Salvador, the First Gulf War, Haiti, Bosnia and Kosovo were all jingoistic saber rattling manipulations of imperialistic Empire overpowering far weaker opponents to take down former US allied dictators (or in the case of Saddam Hussein a preliminary step to the father-son neocon tag team), balkanizing a divide and conquer strategy for global hegemony and imperial war profiteering from the always lucrative drug trafficking trade.
  • Meanwhile, the only true winners of all wars is the oligarch owned and controlled central banking cabal and its Wall Street 500. Once American Empire wreaks military havoc to achieve another ravaged failed state, be it Afghanistan, Iraq, Libya, Somalia, Yemen, a second invasion that becomes the permanent occupation arrives in the form of IMF and World Bank loans. When the war destroyed nation cannot pay the bankster cabal’s loan shark extortion, privatization through transnational corporations rapidly descends as economic hit men-vultures move in for the final kill. The game’s been rigged, set up so no one but the filthy, gluttonous, bloodthirsty, psychopathic vampires comprising the ruling elite can possibly win from all this rigged warring death and destruction.
  • The Zionist neocon creation with a little help from their Saudi-Israeli evil axis friends pulled off the coup of the century on 9/11, massacring 3,000 Americans as their sacrificial lambs, setting into motion the fabricated war on terror masking their actual war on Islam to ensure that a constant fresh supply of made-by-the-USA enemy materializes to justify permanent global violence. During the near ten years that Americans fought in Iraq near a half million Iraqis lost their life, mostly innocent civilians. That toll has only since risen with war still raging. The Islamic State jihadists that the US-Saudi-Israeli unholy alliance secretly created, trained, armed and has funded (just as it did al Qaeda for decades) invaded Iraq last June and is currently in control of more area in Iraq than the weak US puppet government in Baghdad with no end of sectarian violence in sight. Afghanistan looks no better with the puppet Kabul government holding less territory than the surging Taliban that has been waiting for the US military exodus by December 2014 leaving 10,800 US military advisors still remaining behind.
  • The proxy wars leaving Libya as a corrupt and lawlessly violent failed state and Syria a stalemated quagmire with Islamic State mercenaries our not-so-secret friendly boots on the ground still unable to topple and remove Assad from power. Meanwhile, near a quarter of a million people have died in the war in Syria and an astounding 6.5 million have been displaced in that colossal human tragedy supported and caused by the United States.
Paul Merrell

Bernie Sanders Asks Fed Chair Whether the US Is an Oligarchy | The Nation - 0 views

www.thenation.com/...fed-chair-whether-us-oligarchy

U.S. oligarchy Sanders Yellen

shared by Paul Merrell on 09 May 14 - No Cached
  • If the US Senate really is the world’s greatest deliberative body, it ought to consider consequential questions. That does not happen often in a Senate where trivia tends too frequently to triumph over issues of substance. But Senator Bernie Sanders, I-Vermont, raised what might just be the most substantial issue of all Wednesday, at a Joint Economic Committee hearing where Federal Reserve board chair Janet Yellen was testifying. The senator began with the facts: “In the US today, the top 1 percent own about 38 percent of the financial wealth of America. The bottom 60 percent own 2.3 percent. One family, the Walton family, is worth over $140 billion; that’s more wealth than the bottom 40 percent of the American people. In recent years, we have seen a huge increase in the number of millionaires and billionaires, while we continue to have the highest rate of childhood poverty in the industrialized world. Despite, as many of my Republican friends talk about ‘the oppressive Obama economic policies,’ in the last year Charles and David Koch struggled under these policies and their wealth increased by $12 billion in one year. In terms of income, 95 percent of new income generated in this country in the last year went to the top 1 percent.“ Sanders then introduced an academic study, by Martin Gilens and Benjamin Page, that concludes, “The central point that emerges from our research is that economic elites and organized groups representing business interests have substantial independent impacts on US government policy, while mass-based interest groups and average citizens have little or no independent influence.” That sounds like an oligarchy.
  • So Sanders asked Yellen: “In your judgment, given the enormous power held by the billionaire class and their political representatives, are we still a capitalist democracy or have we gone over to an oligarchic form of society in which incredible enormous economic and political power now rests with the billionaire class?” Yellen did not answer “yes.” But she did say, “There’s no question that we’ve had a trend toward growing inequality and I personally find it a very worrisome trend that deserves the attention of policy makers.” She also expressed concern that trends toward growing inequality “can shape [and] determine the ability of different groups to participate equally in a democracy and have grave effects on social stability over time.”
Joe La Fleur

Liberals, Progressives and Socialists - Walter E. Williams - Page 1 - 1 views

townhall.com/...ls_progressives_and_socialists

liberals walter williams

shared by Joe La Fleur on 09 Aug 12 - No Cached
  • Paul Merrell on 09 Aug 12
     
    The Williams article does no more than to sing to the choir and certainly is no scholarly work. First he stuffs the Nazis into his own "socialist" bag, ignoring the fact that the "socialist" label in the party name was only window dressing for what was in reality a mix of fascism and capitalism, not socialism. Then he declares that "communists" in the Soviet Union were responsible for mass murders, blinking past the fact that the Soviet Union was communist in name only. It was a fascist state during the entire period when the mass murders there took place and wound up an oligarchy before it died. "Communist China" likewise was never a communist state. It began as a socialist state ruled by an oligarchy, became near-fascist under Chairman Mao, and returned to being an oligarchy after his death, but this time sprouting capitalist wings. (Nixon removing the U.S. trade barriers with China had a lot to do with this.) Having stuffed everything in sight into his "socialist" bag, deserving or not, and labeling *all* socialists as government mass murders, Williams takes the insurmountable mental leap to paint groups like the "NAACP, the National Council of La Raza, Green for All, the Sierra Club and the Children's Defense Fund" as mass murderers, apparently should their views ever become dominant in the U.S. (Williams provides no connective tissue for his illogic there.) Then to top it all off, the web site's editor slaps a title on the essay lumping liberals and progressives in with the socialists, so apparently liberals and progressives are potential mass murderers too, which is unmistakably his innuendo. Williams seems to have a problem with organizations working *through our legal system* to expand civil liberties and to raise ethnic minorities out of poverty. Love 'em or hate 'em, those are not groups of mass murderers. Williams has the right to dislike those organizations. He also has the right to make absurd arguments, which he has fully exercised. But he wa
Gary Edwards

The Quiet Coup - The Atlantic (May 2009) - 0 views

www.theatlantic.com/...2

financial-crisis simon-johnson financial-oligarchs IMF banksters Banksters

shared by Gary Edwards on 09 Apr 09 - Cached
  • Gary Edwards on 09 Apr 09
     
    Incredible article by Simon Johnson, former chief economist at the International Monetary Fund (IMF). He puts the focus of the financial crisis on the shoulders of a powerful and politically influential group he calls the "financial oligarchs". I caught Simon on Charlie Rose, and hunted down his article. This is a must read. Simon manages to put everything into the larger context of how things work in this world. "....Of course, the U.S. is unique. And just as we have the world's most advanced economy, military, and technology, we also have its most advanced oligarchy. In a primitive political system, power is transmitted through violence, or the threat of violence: military coups, private militias, and so on. In a less primitive system more typical of emerging markets, power is transmitted via money: bribes, kickbacks, and offshore bank accounts. Although lobbying and campaign contributions certainly play major roles in the American political system, old-fashioned corruption-envelopes stuffed with $100 bills-is probably a sideshow today, Jack Abramoff notwithstanding." Instead, the American financial industry gained political power by amassing a kind of cultural capital-a belief system. Once, perhaps, what was good for General Motors was good for the country. Over the past decade, the attitude took hold that what was good for Wall Street was good for the country. The banking-and-securities industry has become one of the top contributors to political campaigns, but at the peak of its influence, it did not have to buy favors the way, for example, the tobacco companies or military contractors might have to. Instead, it benefited from the fact that Washington insiders already believed that large financial institutions and free-flowing capital markets were crucial to America's position in the world.
Gary Edwards

The Business Offensive: A Symmetrical Ruling Class - 0 views

www.counterpunch.org/...ive-a-symmetrical-ruling-class

Ruling-Class American-Oligarchy Corporate-Oligarchs Corporate-Facsists

shared by Gary Edwards on 05 Nov 15 - No Cached
  • Since the close of World War II, America has sought an integrated policy as the militarization of capitalism
  • In the intervening years, this was not always easy to achieve, as, depending on circumstances, one or the other, the corporate-financial order, and the military itself, asserted itself and made strong demands on government.
  • the Cold War itself providing a cover for the US globalization of power via market penetration, international financial and monetary architecture under US supervision, and the steady build-up of an Armaments State.
  • ...16 more annotations...
  • Yet, the dynamism of early modern capitalism, realized in part through grinding methods of labor suppression, notably, the privatization of force, helped on by a compliant government, meant that within capitalism itself there was tremendous jockeying for power requiring the imposition of Order if major railroads and industrial firms were to enjoy their secure monopoly status.
  • Here government was crucial to harmonious internal structural arrangements, anticompetitive in its policies for the promotion of monopolism sector-by-sector including banking (the House of Morgan, whose offshoots firmed up the organization of railroads and manufacturing) as the means to systemic consolidation—an end to internecine competition—which was achieved in the early 20th century under Theodore Roosevelt and Woodrow Wilson (themselves the Janus-faced construct of the Battleship Navy and supposed liberal internationalism) setting the stage for the present era.
  • In practice, we see the interpenetration of business and government as the integration of monopoly capitalism in its own right.
  • By the late 1940s one can say that the military remained a junior partner of a synthesized ruling group or class, given the overwhelming thrust of business and its ascendant banking wing in defining American capitalism.
  • American capitalism could no longer go it alone, the military increasingly supplying the muscle for continued expansion and profitability. Korea and Vietnam were important chapters in the reshaping of a capitalist polity, with numerous interventions beyond mention the underpinning for a coalescent framework of elites, all making for a structural process of shaking down to the bare essentials the capitalist and military components in search of equilibrium. For otherwise, America feared its decline and would do anything to prevent.
  • Granted, it is hard to conceive of capitalism as a perpetual war machine, especially in America, which labors under the fiction of being, or if it ever was, then remaining, a democracy.
  • But there it is, an arms budget dwarfing all else, military bases strategically gathered worldwide, death squads euphemistically termed Special Ops, presidential-directed drone assassinations, the list goes on—so much so that one almost forgets capitalism is centrally about business and profits, not murder and mayhem.
  • the Great Capitalist Synthesis
  • an accomplice to the more successful militarization of capitalism by holding its own as an integral part in the relationship. In sum, the desideratum of business as usual, as in fleecing the consumer and jeopardizing his/her safety, destroying the environment, and best of all, removing itself from the constitutional foundations of the rule of law.
  • Corporations and banks have become a law unto themselves, with all the organs of government stretching from the Executive, Congress, the Supreme Court, to myriad regulatory agencies some unbeknownst to the public, sitting as a chorus of admiring voices egging them on.
  • Corporate Rescindment of Legal Rights: Business Power Run Amuck,
  • Class-action law suits, frequently the only feasible action of the poor for seeking redress of grievances against the giant corporations, are all but prohibited, replaced in contracts by compulsory-arbitration clauses, intended in the first place to kill class actions, which compel the individual standing alone to face insurmountable odds in a process by which the corporation names the arbitrator, keeps the proceedings secret, and determines the rules of procedure.
  • Civil courts are thrown to the winds.
  • It is as though capitalism, in this one seemingly minor area touching primarily the normalization of everyday relationships, has gone on the offensive, not of course to re-establish its relation to the military, but specifically and directly to exercise its domination over the people.
  • The now-and-future business polity is the fulfillment of the fascist dream, an authoritarian power structure of corporate consolidation supported through governmental suppression of dissent at home and an aggressively waged foreign policy to capture world markets.
  • The small print of the contracts one signs, whether for car rentals or nursing homes, and thousands of transactions in between, emboldens capitalism to go its solipsistic way, to the destruction of freedom, the planet, and human dignity.
  • Gary Edwards on 05 Nov 15
     
    "Since the close of World War II, America has sought an integrated policy as the militarization of capitalism. In the intervening years, this was not always easy to achieve, as, depending on circumstances, one or the other, the corporate-financial order, and the military itself, asserted itself and made strong demands on government. The result was never an intracompetitive mold because each needed and recognized the value of the other, but still there were periods of imbalance in their respective surges of governmental policy-emphasis. American capitalism had become a functional duopoly (C. Wright Mills' Power Elite was a good popular discussion of this general structure at an earlier point in our capitalist-development trajectory after the war), the Cold War itself providing a cover for the US globalization of power via market penetration, international financial and monetary architecture under US supervision, and the steady build-up of an Armaments State. There is nothing actually new here about the American historical pattern, except of course the more explicit and pronounced role to be assigned the military in the stabilization and expansion of American capitalism. The military was never at any point following the Civil War a negligible input in synthesizing the materials for an operational ruling class, but essentially, as in the late-19th century policy of the Open Door, business was sufficiently confident of its own power (the "imperialism of free trade") to carry forward the process of expansion largely on its own. Yet, the dynamism of early modern capitalism, realized in part through grinding methods of labor suppression, notably, the privatization of force, helped on by a compliant government, meant that within capitalism itself there was tremendous jockeying for power requiring the imposition of Order if major railroads and industrial firms were to enjoy their secure monopoly status."
Gary Edwards

Land Destroyer: Naming Names: Your Real Government - 1 views

landdestroyer.blogspot.com/...ames-your-real-government.html

New-World-Order Globalist Banksters

shared by Gary Edwards on 29 Sep 11 - No Cached
  • Gary Edwards on 29 Sep 11
     
    This is your real government; they transcend elected administrations, they permeate every political party, and they are responsible for nearly every aspect of the average American and European's way of life. When the "left" is carrying the torch for two "Neo-Con" wars, starting yet another based on the same lies, peddled by the same media outlets that told of Iraqi WMD's, the world has no choice, beyond profound cognitive dissonance, but to realize something is wrong. What's wrong is a system completely controlled by a corporate-financier oligarchy with financial, media, and industrial empires that span the globe. If we do not change the fact that we are helplessly dependent on these corporations that regulate every aspect of our nation politically, and every aspect of our lives personally, nothing else will ever change. The following list, however extensive, is by far not all-inclusive. However after these examples, a pattern should become self-evident with the same names and corporations being listed again and again. It should be self-evident to readers of how dangerously pervasive these corporations have become in our daily lives. Finally, it should be self-evident as to how necessary it is to excise these corporations from our lives, our communities, and ultimately our nations, with the utmost expediency.
Paul Merrell

Explainer: why the Greek election is so important - 0 views

theconversation.com/election-is-so-important-36565

economy Greece politics majority-rule

shared by Paul Merrell on 24 Jan 15 - No Cached
  • The Greek election on January 25 will be the most important in recent memory. If the pollsters are proven correct, Syriza is poised to win by a large margin and this victory will end four decades of two-party rule in Greece. Since 2010 – and as a result of austerity measures – the country has seen its GDP shrink by nearly a quarter, its unemployment reach a third of the labour force and nearly half of its population fall below the poverty line. With the slogan “hope is coming” Syriza, a party that prior to 2012 polled around 4.5% of the vote, seems to have achieved the impossible: creating a broad coalition that, at least rhetorically, rejects the TINA argument (There Is No Alternative) that previous Greek administrations have accepted. In its place, Syriza advocates a post-austerity vision, both for Greece and Europe, with re-structuring of sovereign debt at its centre. How significant is this victory for Europe and the rest of the world? Comments range from grave concerns about the impact on the euro and the global economy to jubilant support for the renewal of the European left. For sure, Syriza is at the centre of political attention in Europe.
  • Paul Merrell on 24 Jan 15
     
    Economic havoc looks to be about to break Greece's two-party political system as a third party, Syriza rises to take control of government. Might a similar event happen in the U.S. if the economy gets much worse, as seems about to happen because of the collapse of the petro-dollar? If so, what might the new coalition look like in the U.S.? This article points out that in Greece, Syriza is uniting demographic elements viewed as leftist. But the what is regarded as the left in the U.S., progressives, liberals, socialists, and communists, historically has been incapable of organizing in a way to assert political power for decades because they invariably fall for the choice of two evils argument and vote Democratic in general elections. It seems to be much the same story on the right in the U.S. For example, the Tea Party was co-opted by the Republican Party in general elections from the Tea Party's inception. What has been particularly troubling to me is that the American left and right actually agree on very many issues, but the divide-and-conquer strategy of the corporate/globalist/war machine of the oligarchy has so instilled hatred between the right and the left that it's been impossible to form a third-party that pushes an agenda driven by majority public opinion. To me, a new party that focuses on areas of broad agreement and avoids areas of disagreement seems to be the most likely candidate to break the the rule of our present usurpers of democracy. But if we are to create a new Majority Party (I like that name) based on majority opinion, how do we get past the hatred, particularly given that the usurpers will do their level best to fan the fire of hatred even more as the Majority Party gains numbers? And what to do about majority opinions that are formed by false usurper propaganda, e.g., the current propaganda campaigns that drive the pro-war agenda? They've been able to create majorities, e.g., for renentry of the U.S. military into Iraq to fight ISIL,
Gary Edwards

Naked Capitalism: "Only 21% Say U.S. Government Has Consent of the Governed ... - 0 views

www.nakedcapitalism.com/...e-consent-of-the-governed.html

obammunism socialism oligarchy

shared by Gary Edwards on 19 Feb 10 - Cached
  • Gary Edwards on 19 Feb 10
     
    A new Rasmussen poll finds: The founding document of the United States, the Declaration of Independence, states that governments derive "their just powers from the consent of the governed." Today, however, just 21% of voters nationwide believe that the federal government enjoys the consent of the governed. *** Seventy-one percent (71%) of all voters now view the federal government as a special interest group, and 70% believe that the government and big business typically work together in ways that hurt consumers and investors.That helps explain why 75% of voters are angry at the policies of the federal government, and 63% say it would be better for the country if most members of Congress are defeated this November… In his new book, In Search of Self-Governance, Scott Rasmussen observes that the American people are "united in the belief that our political system is broken, that politicians are corrupt, and that neither major political party has the answers." He adds that "the gap between Americans who want to govern themselves and the politicians who want to rule over them may be as big today as the gap between the colonies and England during the 18th century." *** Sixty percent (60%) of voters think that neither Republican political leaders nor Democratic political leaders have a good understanding of what is needed today. Thirty-five percent (35%) say Republicans and Democrats are so much alike that an entirely new political party is needed to represent the American people. Nearly half of all voters believe that people randomly selected from the phone book could do as good a job as the current Congress.
Paul Merrell

Virtual Economy's Phantom Job Gains Are Based on Statistical Fraud. And More Fraud Is i... - 0 views

www.globalresearch.ca/...5390330

banksters oligarchy employment stats

shared by Paul Merrell on 09 Jul 14 - No Cached
  • Washington can’t stop lying.  Don’t be convinced by last Thursday’s job report that it is your fault if you don’t have a job. Those 288,000 jobs and 6.1% unemployment rate are more fiction than reality.  In his analysis of the June Labor Data from the Bureau of Labor Statistics, John Williams (www.ShadowStats.com) wrote that the 288,000 June jobs and 6.1% unemployment rate  are “far removed from common experience and underlying reality.” Payrolls were overstated by “massive, hidden shifts in seasonal adjustments,” and the Birth-Death model added the usual phantom jobs.  Williams reports that “the seasonal factors are changed each and every month as part of the concurrent seasonal-adjustment process, which is tantamount to a fraud,” as the changes in the seasonal factors can inflate the jobs number.  While the headline numbers always are on a new basis, the prior reporting is not revised so as to be consistent.
  • The monthly unemployment rates are not comparable, so one doesn’t know whether the official U.3 rate (the headline rate that the financial press reports) went up or down. Moreover, the rate does not count discouraged workers who, unable to find a job, cease looking. To be counted among the U.3 unemployed, the person must have actively looked for work during the four weeks prior to the survey. The U.3 rate automatically declines as people who have been unable to find jobs cease trying to find one and thereby cease to be counted as unemployed. There is a second official measure of unemployment that includes people who have been discouraged for less than one year. That rate, known as U.6, is seldom reported and is double the 6.1% rate. Since 1994 there has been no official measure than includes discouraged people who have not looked for a job for more than a year. Including all discouraged workers produces an unemployment rate that currently stands at 23.1%, almost four times the rate that the financial press reports.
  • What you can take away from this is the opposite of what the presstitute media would have you believe.  The measured rate of unemployment can decline simply because large numbers of the unemployed become discouraged workers, cease looking for work, and cease to be counted in the U.3 and U.6 measures of the unemployment rate.   The decline in the employment-population ratio from 63% prior to the 2008 downturn to 59% today reflects the growth in discouraged workers.  Indeed, the ratio has not recovered its previous level during the alleged recovery, an indication that the recovery is an illusion created by the understated measure of inflation that is used to deflate nominal GDP growth.
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  • Insurance (most likely the paperwork of Obamacare) contributed 8,500 jobs. As so few can purchase homes, “real estate rental and leasing” contributed 8,500 jobs. Professional and business services contributed 67,000 jobs, but 57% of these jobs were in employment services, temporary help services, and services to buildings and dwellings.   That old standby, education and health services, accounted for 33,700 jobs consisting mainly of ambulatory health care services jobs and social assistance jobs of which three-quarters are in child day care services.   The other old standby, waitresses and bartenders, gave us 32,800 jobs, and amusements, gambling, and recreation gave us 3,500 jobs.
  • In other words, the economy did not gain 288,000 new jobs last month.   But let’s assume the economy did gain 288,000 jobs and exam where the claimed jobs are reported to be. Of the alleged 288,000 new jobs, 16,000, or 5.5 percent are in manufacturing, which is not very promising for engineers and blue collar workers.  Growth in goods producing jobs has almost disappeared from the US economy.  As explained below, to alter this problem the government is going to change definitions in order to artificially inflate manufacturing jobs. In June private services account for 82 percent of the supposed new jobs.  The jobs are found mainly in non-tradable domestic services that pay little and cannot be exported to help to close the large US trade deficit. Wholesale and retail trade account for 55,300 jobs.  Do you believe sales are this strong  when retailers are closing stores and when shopping malls are closing?
  • Another indication that there has been no recovery is that Sentier Research’s index of real median household income continued to decline for two years after the alleged recovery began in June 2009.   There has been a slight upturn in real median household income since June 2011, but income remains far below the pre-recession level.   The Birth-Death model adds an average of 62,000 jobs to the reported payroll jobs numbers each month. This arbitrary boost to the payroll jobs numbers is in addition to the Bureau of Labor Statistics’ underlying assumption that unreported jobs lost to business failures are matched by unreported new jobs from new business startups, an assumption that does not well fit an economy that fell into recession and is unable to recover.   John Williams concludes that in current BLS reporting, “the aggregate average overstatement of employment change easily exceeds 200,000 jobs per month.”
  • Local government, principally education, gave us 22,000 jobs.   So, where are the jobs for university graduates?  They are practically non-existent. Think of all the MBAs, but June had only 2,300 jobs for management of companies and enterprises. Think of the struggle to get into law and medical schools.  There’s no job payoff. June had jobs for 1,200 in legal services, which includes receptionists and para-legals.  Where are all the law school graduates finding jobs? Offices of physicians (mainly people who fill out the mandated paperwork and comply with all the regulations, which have multiplied under ObamaCare) hired 4,000 people.  Outpatient care centers hired 700 people.  Nursing care facilities hired 2,400 people.  So where are the jobs for the medical school graduates? Aside from all the exaggerations in the jobs numbers of which ShadowStats.com has informed us, just taking the jobs as reported, what kind of economy do these jobs indicate:  a superpower whose pretensions are to exercise hegemony over the world or an economy in which opportunities are disappearing and incomes are falling?
  • Do you think that this jobs picture would be the same if the government in Washington cared about you instead of the mega-rich? Some interesting numbers can be calculated from table A.9 in the BLS press release.  John Williams advises that the BLS is inconsistent in the methods it uses to tabulate the data in table A.9 and that the data is also afflicted by seasonal adjustment problems.  However, as the unemployment rate and payroll jobs are reported regardless of their problems, we can also report the BLS finding that in June 523,000 full-time jobs disappeared and 800,000 part time jobs appeared. Here, perhaps, we have yet another downside of the misnamed Obama “Affordable Care Act.”  Employers are terminating full-time employment and replacing the jobs with part-time employment in order to come in under the 50-person full time employment that makes employers responsible for fringe benefits such as health care. Americans are already experiencing difficulties making ends meet, despite the alleged “recovery.”  If yet another half million Americans have been forced onto part-time pay with consequent loss of health care and other benefits, consumer demand is further compressed, with the consequence, unless hidden by statistical trickery, of a 2nd quarter negative GDP and thus officially the reappearance of recession.
  • What will the government do if a recession cannot be hidden?  If years of unprecedented money printing and Keynesian fiscal deficits have not brought recovery, what will bring recovery?  How far down will US living standards fall for the 99% in order that the 1% can become ever more mega-rich while Washington wastes our diminishing substance exercising hegemony over the world? Just as Washington lied to you about Saddam Hussein’s weapons of mass destruction, Assad’s use of chemical weapons, Russian invasion of Ukraine, Waco, and any number of false flag or nonexistent attacks such as Tonkin Gulf, Washington lies to you about jobs and economic recovery.  Don’t believe the spin that you are unemployed because you are shiftless and prefer government handouts to work.  The government does not want you to know that you are unemployed because the corporations offshored American jobs to foreigners and because economic policy only serves the oversized banks and the one percent. Just as the jobs and inflation numbers are rigged and the financial markets are rigged, the corrupt Obama regime is now planning to rig US manufacturing and trade statistics in order to bury all evidence of offshoring’s adverse impact on our economy.
  • The federal governments Economic Classification Policy Committee has come up with a proposal to redefine fact as fantasy in order to hide offshoring’s contribution to the US trade deficit, artificially inflate the number of US manufacturing jobs, and redefine foreign-made manufactured products as US manufactured products.  For example, Apple iPhones made in China and sold in Europe would be reported as a US export of manufactured goods. Read Ben Beachy’s important report on this blatant statistical fraud in CounterPunch’s July 4th weekend edition: http://www.counterpunch.org/2014/07/04/we-didnt-offshore-manufacturing/ China will not agree that the Apple brand name means that the phones are not Chinese production. If the Obama regime succeeds with this fraud, the iPhones would be counted twice, once by China and once by the US, and the double-counting would exaggerate world GDP. For years I have exposed the absurd claim that offshoring is merely the operation of free trade, and I have exposed the incompetent studies by such as Michael Porter at Harvard and Matthew Slaughter at Dartmouth that claimed to prove that the US was benefitting from offshoring its manufacturing.  My book published in 2012 in Germany and in 2013 in the US, The Failure of Laissez Faire Capitalism and Economic Dissolution of the West, proves that offshoring has dismantled the ladders of upward mobility that made the US an opportunity society and is responsible for the decline in US economic growth. The lost jobs and decline in the middle class has contributed to the rise in income inequality, the destruction of tax base for cities and states, and loss of population in America’s once great manufacturing centers.
  • For the most part economists have turned a blind eye. Economists serve the globalists.  It pays them well. The corruption in present-day America is total. Psychologists and anthropologists serve war and torture. Economists serve globalism and US financial hegemony. Physicists and chemists serve the war industries. Physicists and computer geeks serve NSA. The media serves the government and the corporations. The political parties serve the six powerful private interest groups that rule the country. No one serves truth and liberty. I predict that within ten years truth and liberty will be forbidden words uttered only by “domestic extremists” who are a threat that must be exterminated without due process of law. America has left us.  We now have the tyranny of the Orwellian state that rules, not by the ballot box and Constitution, but by force and propaganda.
Gary Edwards

The Roberts Jizya and the Art of War - 0 views

www.canadafreepress.com/...47757

tb2 John-Roberts-TB2 ObamaCare-TAX

shared by Gary Edwards on 03 Jul 12 - No Cached
  • he is violating his oath of office in doing so, and that is the only sensible explanation because the Constitution is fairly clear; the United States Constitution expressly grants all powers not specifically enumerated in the document to the states and the People, and nowhere is this particular tax authorized.
  • this is rather like Jizya, the Muslim concept of taxation on non-Muslims.
  • The purpose of the Islamic Jizya is to compel approved behavior, and as such has been a powerful tool used by Islamic societies to compel conversion to Islam
  • ...10 more annotations...
  • In this instance the United States government is using it to compel conversion to socialist medicine, forcing us to either buy expensive private insurance or go on the government plan.
  • In short, they are abridging our freedom of religion, a constitutionally protected category.
  • What is clear is that this is an abridgement of the Establishment clause, and of the First Amendment.
  • The argument that this saves us from a super-stretching of the Commerce Clause is immaterial; we have simply replaced it with a super-stretching of the power of taxation. In the end, dead is just as dead.
  • What is really needed is a Constitutional Amendment, and the individual states need to spearhead that.
  • We have allowed the United States to move from a representative democratic republic to an empire, a system dominated by a ruling elite, an oligarchy.
  • We must return to the Federalism that was at the core of the Republic.
  • He is a traitor to his oath, a Benedict Arnold in a black robe
  • He has placed his desire for self-aggrandizement over his duty, and so has affirmed the power of government and the ruling elite to do anything to the public they please.
  • It’s time we take this country back. That can only happen at the state level.
  • Gary Edwards on 03 Jul 12
     
    Another well written article describing in full what that treasonous backstabbing bastard chief justice John Roberts has done to shred and destroy our Constitution.  Thanks to the Canadian Free Press and Timothy Birdnow. excerpt: So, why is this so important to our discussion of the ruling by the Roberts Court? Because many on our side seem to believe that John Roberts did us a favor in his decision upholding the Affordable Healthcare Act, or as it is known colloquially, Obamacare. The argument in conservative circles for a silver lining to this dark cloud of human bodily excretions is that this ends the debate over the right to use the Commerce Clause to justify any action of Congress and that it hangs this around Osama's neck, a huge tax increase, for the November elections. While a little soothing may be in order we are making a terrible mistake here, because, A.) an eggplant could see this is unconstitutional and, B.) it simply kicks the can down the road, forcing us to fight yet another unnecessary battle. We should have declared victory here. First, this is not a mere political move on Roberts part. He is Chief Justice of the Supreme Court, and as such is not going to tie his name to a partisan decision that will be read about in American textbooks. If he is to violate his oath it will be for personal reasons, such as upholding this law against all expectations. What will he gain personally from doing the right thing and striking it down? Upholding such a crazy law guarantees him a spot in the history books. But he is violating his oath of office in doing so, and that is the only sensible explanation because the Constitution is fairly clear; the United States Constitution expressly grants all powers not specifically enumerated in the document to the states and the People, and nowhere is this particular tax authorized. Furthermore, it violates the principle of equality under the law as only some of the public is actually paying a tax; the rest are buyin
Paul Merrell

Credit unions fight back against tax repeal efforts - Business Monday - MiamiHerald.com - 0 views

www.miamiherald.com/...unions-fight-back-against.html

banksters credit-unions Congress Obama lobbying Competition

shared by Paul Merrell on 16 Sep 13 - No Cached
  • At the moment, it’s a war of words, but very soon the debate to tax credit unions will hit the streets. This week, credit union supporters from South Florida and throughout the country will descend on Washington, D.C. to “Hike the Hill” and meet with lawmakers to stress the importance of keeping in place the federal tax exemption for credit unions. The debate is nothing new. For years, the big banks have lobbied Congress to repeal the tax exemption status. This time around, they declared war. Earlier this year, the American Bankers Association began advertising its anti-credit union message throughout Washington, and last month ABA executives wrote letters to President Barack Obama and Congress requesting a repeal of the tax exemption status. The ABA and their lobbyists complain that the growing financial stature of credit unions throughout the country proves that they should be taxed like banks. They even refer to the tax exemption as a government “expenditure,” which they claim should be eliminated as part of a larger tax reform and budget reduction package.
  • What the bankers fail to mention was that credit unions only hold 6 percent of all the financial assets in the United States while banks hold 93 percent. They also fail to mention that 96 million Americans are satisfied members of credit unions, and that for every dollar in new taxes the government might gain, it would be eliminating $10 of credit union member benefits. The Federal Credit Union Act of 1934 established the tax-exemption status of credit unions because the structure and goals of credit unions are far different from traditional banks. All credit unions are designated as not-for-profit, which means any and all profits made are redistributed back to credit union members in the form of higher interest rates on savings accounts and reduced fees. They offer loans at the lowest possible interest rates because their mandate is to cultivate community development by assisting working families, low income households, small businesses and the middle class.Banks operate very differently. Led by small groups of shareholders who seek to maximize return on their investment, they raise fees regardless of how much profit they accumulate. They offer loans at the highest possible interest rate because their mandate is to make money, not to assist anyone, including and especially the middle class. (It wasn’t long ago we learned this the hard way as predatory banks helped fuel the Great Recession.) The truth is, big banks want one thing and one thing only: to get bigger. They want to merge and grow and rack-in record profits so they can grow even bigger. Credit unions are the only thing standing in the way of an oligarchy of a few major banks from controlling all of the deposited funds in the country. Their pursuit to tax credit unions is aimed at eliminating their only competition so they can be free to charge as much interest and fees as they wish without restraint.
Paul Merrell

Europe and Ukraine: A tale of two elections - RT Op-Edge - 0 views

rt.com/...161664-elections-in-eu-ukraine

Auction-2014 EU Ukraine

shared by Paul Merrell on 28 May 14 - No Cached
  • Circumstances surrounding the European and Ukrainian elections were far from being a mere coincidence. The regime changers in Kiev decided to hold a presidential election on May 25, the same day as European Parliament elections, in order to demonstrate their desire to follow a European-centric foreign policy.
  • Way beyond the established fact of an Atlantic push against Russian western borderlands, Ukraine remains a catfight of local oligarchies. No wonder the new Ukrainian president is also an oligarch; the 7th wealthiest citizen in the land, who owns not just a chocolate empire, but also automotive plants, a shipyard in Crimea and a TV channel. The only difference is that he’s a NATO oligarch
  • Meanwhile, in NATOstan, local and transnational elites have been desperately trying to spin a measure of success. Abstention remains notable – only roughly 4 in 10 Europeans take the trouble to vote on what goes on in Strasbourg, with a majority alienated enough to legitimize the mix of internal European austerity and international belligerence.
  • ...9 more annotations...
  • Hardly discussed in the pre-vote campaigns were the Snowden NSA revelations; the shady negotiations between Washington and Brussels over a free trade agreement which will be a boon for US Big Business; and how the financial casino supervised by the European Central Bank, the IMF, and the European Commission (EC) will remain untouched, further ravaging the European middle classes. The anti-EU crowd performed very well in France, the UK, Denmark and Greece. Not so well in Italy and the Netherlands. The mainstream did relatively well in Germany and ultraconservative Spain – even though losing votes to small parties.
  • Essentially, European voters said two things out loud: either “the EU sucks,” or “we couldn’t care less about you, Eurocrat suckers.” As if that sea of lavishly pensioned Brussels apparatchiks – the Eurocrats - would care. After all, their mantra is that “democracy” is only good for others (even Ukrainians…) but not for the EU; when the European flock of sheep votes, they should only be allowed to pick obscure Brussels-peddled and Brussels-approved treaties. Brussels, anyway, is bound to remain the Kafkaesque political epitome of centralized control and red tape run amok. No wonder the EU is breathlessly pivoting with itself as the global economy relentlessly pivots to Asia.
  • To believe that an EU under troika austerity will bail Kiev out of its massive outstanding debts is wishful thinking. The recipe - already inbuilt in the $17 billion IMF “rescue” package is, of course, austerity. Oligarchs will remain in control, while assorted plunderers are already lining up. Former US Secretary of State Madeleine Albright – for whom hundreds of thousands of Iraqi children were expendable – “observed” the elections, and most of all observed how to privatize Telecom Ukraine, as she is doing now with Telekom Kosovo. There’s no evidence Right Sector and Svoboda will cease to be crypto-fascist, racist and intolerant just because Poroshenko – the King of Ukrainian Chocolate – is now the president. By the way, his margin for maneuver is slim, as his own markets – not to mention some of his factories – are in Russia. Heavy industry and the weapons industry in eastern Ukraine depend on Russian demand. It would take at least a whopping $276 billion for the West to “stabilize” eastern Ukraine. The notion of the EU “saving” Ukraine is D.O.A.
  • Moscow, once again, just needs to do what it is doing: nothing. And make sure there will be no economic or political help unless a federalized – and Finlandized - Ukraine with strong regions sees the light of day. Even the Brookings Institution has reluctantly been forced to admit that the US neo-con gambit has failed miserably; there’s no Ukraine without Russian help.
  • Signs so far are mixed. Poroshenko said Ukraine could “possibly” become an EU member state by 2025 (it won’t happen). He ruled out entering NATO (wise move). He rejects federalization (dumb move). He believes that with a strong economy Crimea would want to be back (wishful thinking). Still, he believes in reaching a compromise with Moscow (that’s what Moscow always wanted, even before regime change).
  • Back in NATOstan, there’s the crucial point of what happens to the ultra-right-wing anti-EU brigade in the Parliament in Strasbourg. They may all abhor the EU, but the fact is this ideological basket case will hardly form an alliance.
  • What this ultimately means is that conservative and moderate parties, as per the status quo, will remain in control, expressed via an extremely likely coalition of the European People’s Party (center-right) and the Socialists and Democrats (center-left). What comes next, in the second half of 2014, is the appointment of a new EU Commission. That’s Kafka redux, as in the bureaucrat-infested executive arm of the EU, which shapes the agenda, sort of (when it’s not busy distributing subventions in color-coded folders for assorted European cows.) There are 5 candidates fighting for the position of EC president. According to the current EU treaty, member states have to consider the result of EU Parliament elections when appointing a new president. Germany wants a conservative. France and Italy want a socialist. So expect a tortuous debate ahead to find who will succeed the spectacularly mediocre Jose Manuel Barroso. The favorite is a right-winger of the European People’s Party, former Prime Minister of Luxembourg Jean-Claude Juncker. He is an avid defender of banking secrecy while posing himself as a champion of “market social economy.”
  • Then there’s more Kafka: choosing the new president of the EU Council and the High Representative for Foreign Affairs. Translation: the EU won’t decide anything, or “reform” anything for months. That includes the critical negotiations with the Americans over the free trade deal. It’s absolutely impossible to spin these Sunday elections as not discrediting even more the EU project as it stands. As I’ve seen for myself, since early 2014, in 5 among the top EU countries, what matters for the average citizen is as follows: how to deal with immigration; how to fight the eradication of the welfare state; the implications of the free trade agreement with the US; the value of the euro –including an absurdly high cost of living; and what the ECB mafia is actually doing to fight unemployment.
  • With Kafka in charge for the foreseeable future, what’s certain is that Paris and Berlin will drift further and further apart. There will be no redesign of the EU’s institutions. And the next Parliament, filled with sound and fury, will be no more than a hostage of the devastating, inexorable political fragmentation of Europe. “Saving” Ukraine? What a joke. The EU cannot even save itself.
  • Paul Merrell on 28 May 14
     
    Pepe Escobar's take on the Presidential election in Ukraine and the EU-wide national election of EU Parliament members, both held on the same day. Excerpts only highlighted.  
Paul Merrell

Wall Street: The Trump-China missing link - RT Op-Edge - 0 views

www.rt.com/...61057-wall-street-trump-china-

economy China globalism banksters Trump Auction 2016 musto-read

shared by Paul Merrell on 01 Oct 16 - No Cached
  • The yuan is about to enter the IMF’s basket of reserve currencies this coming Saturday - alongside the US dollar, pound, euro and yen. This is no less than a geoeconomic earthquake. Not only does this represent yet another step in China’s irresistible path towards economic primacy; the Chinese currency’s inclusion in the Special Drawing Rights (SDR) basket will also lead central banks and hyper-wealthy funds – especially from the US – to increasingly buy more Chinese assets.At the first US presidential debate, Donald Trump took no prisoners, criticizing China’s currency manipulation. This is what he said:“You look at what China’s doing to our country in terms of making our product, they’re devaluing their currency and there’s nobody in our government to fight them… They’re using our country as a piggy bank to rebuild China, and many other countries are doing the same thing.”
  • Well, China is not “making our product”; the manufacturing process is Made in China – then exported to the US. Most of the profits benefit US corporations – everything from design, licensing and royalties to advertising, financing and retail margins. If the mantras manage to spell out a partial truth - the US has lost manufacturing jobs to China, China is the “factory of the world” – they don't spell out the hidden truth that those who profit are essentially major corporations.China does not “devalue their currency”; the People’s Bank of China periodically adjusts the yuan according to a very narrow band. The major practitioners of quantitative easing (QE) are actually the US, as well as Japan and the European Central Bank (ECB). And the currency of global consumer goods manufacturing continues to be the US dollar, not the yuan.
  • Beijing also is not “using our country as a piggy bank to rebuild China.” This is all about balance of payments. What US consumers spend on Made in China products – many of them delocalized by US corporations – is pumped back to the US as capital inflows that keep interest rates down and help to support the Empire of Chaos’s global hegemony.
  • ...6 more annotations...
  • For all his incapacity to formulate thoughts above the language skills of a third grader, Trump has been piling up astonishing proposals that resonate wildly, way beyond the “basket of deplorables” spectrum.
  • The bottom line is that to recover US manufacturing jobs – as Trump has been forcefully promising – he will have to stare down the whole Wall Street finance oligarchy.So no wonder these oligarchs – responsible for shipping all those US manufacturing jobs to Asia and lavishly profiting from bailouts to the 'Too Big To Fail' racket – hate him with all their golden-plated guts.
  • Trump’s attention span is notoriously minimalist. If his advisers managed to imprint – tweet? - a few one-liners on his brain, he would be able to explain to US public opinion how the US-China game is really played, something that all relevant parties in both nations know by heart.And the – crucial - missing link in the whole game is Wall Street.This is how it works.
  • He is against Cold War 2.0 and the pivot to Asia, when he says “wouldn’t it be nice to get along with Russia and China for a change?”He no less than pre-empted WWIII when he said he would be against a US nuclear first-strike.He totally abhors global “free trade” – from NAFTA to TPP and TTIP - because it has “hollowed out the lives of American workers”, as US corporations (under Wall Street’s “incentive”) delocalize and then import back into the US tariff-free.
  • Trump was even open to nationalizing Wall Street banks after the 2008 financial crisis.
  • So we’re faced with the ultimate surrealist spectacle of a billionaire denouncing corporate globalization, which has been responsible for stripping the US lower middle classes of countless, decent blue-collar jobs and social benefits – not to mention turning them into hostages of rotting public infrastructure. And all that with absolutely no one among the US establishment condemning the most astonishing wealth transfer to the 0.0001% in history.If in the next two presidential debates Trump points to the crucial missing link in the whole plot – Wall Street - he might as well lock on as a surefire winner.
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