FDR OPENED WALL STREET-WASHINGTON REVOLVING DOOR IN 1934, KENNEDY WAS THE FIRST TO WALK THROUGH IT
An Explosion of Wall Street-Washington Collusion in the last Quarter Century
Obama the Most Corrupt… So Far
OBAMA TOOK MORE $$$ FROM WALL STREET THAN ANY CANDIDATE IN HISTORY, THEN PAID THEM BACK WITH LOFTY APPOINTMENTS
Check out this 1-minute video if you want to understand how the American “Demo Farce” really works. And then either laugh or cry.
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HILLARY NOW TRYING TO CATCH UP TO OBAMA?
Today, a story in the Guardian Sunday edition expanded on the tight connection between the Clintons and Wall Street. Hillary Clinton is evidently following in Obama’s footsteps (see Hillary Clinton’s Wall Street links raise economic policy doubts, July 26).
Tom Nides and Robert Hormats, once of Morgan Stanley and Goldman Sachs, are veterans of the revolving door between Washington and the financial sector
But the Clintons and Obama are hardly the only occupants of the White House whose presidency was bought and paid for by Wall Street and Big Business. The Republicans are no exception.
Both Bush’s are tightly linked to Wall Street. Which is not surprising considering that Prescott Bush, GH’s father and GW’s grandfather, was also both a Wall Street banker and a US Senator himself. They sucked in corruption with mother’s milk.
Also check out the Truth in Media July 24-piece ANYBODY BUT A DEMOCRAT OR A REPUBLICAN.
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HOW LONG HAVE WALL STREET AND WASHINGTON BEEN JOINED AT THE HIP?
Who Was the First President to Open the Revolving Door? Who Was the First Wall Street Banker to Walk Through It?
So Wall Street and Washington are joined at the hip.
Tell us something we don’t know, right?
Well, how about this… Has it always been like this?
And if not, which is a pretty safe guess given our Republic’s glorious original ideals, do you know when this perversion and corruption of the American political system started? And by which president?
Also, who you know was the first Wall Street tycoon to walk through the Washington-Wall Street revolving door?
Here are the answers to these questions…
FDR WAS THE FIRST US PRESIDENT TO BRING WALL STREET TO WASHINGTON
Franklin Delano Roosevelt (FDR), America’s 32nd president, author of the “day of infamy” expression, holds this infamous distinction.
And who was the first to walk through the revolving door?
Joseph Kennedy, father of JFK and RFK and the patriarch of the Kennedy clan.
Joseph Kennedy/FD Roosevelt
On Wall Street: President of the Columbia Trust Bank; employee of stock brokerage firm Hayden, Stone & Co; independent investor
In Washington: First Chairman of the
SEC; Ambassador to Great Britain
The year was 1934. That’s when the Wall Street-Washington collusion started. The victims, of course, were the American people.
But while this revolving door trend may have begun over 80 years ago, it has really exploded into the open during the last quarter century. Both Bush’s, Clinton and especially Obama, seem to try to outdo the predecessor in cow-towing to Wall Street, peddling political influence and power for cold Wall Street cash.
Four years ago almost to the day, The Business Insider compiled a list of some 30 Wall Street executives who took up positions of political influence in Washington before shuttling back to New York. Some punched in a return, ticket, too. Click here to read that July 31, 2011 story. And just think, that’s before all the additional Washington appointments Obama handed out after the 2012 election.
Here are just some of the recent travelers through the Wall Street-Washington revolving door…
So when someone tells you you should go out and vote, you may consider replying:
“Vote? What on earth for? So my ballot can help legitimize political corruption? And legalize the financial slavery Wall Street imposed on the American people?”
Thanks but no thanks.
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UPDATE April 15, 2016
AMERICA’S BIGGEST CORPORATE TAX DODGERS
UPDATE JULY 26, 2016
DUMBING DOWN OF AMERICA III
LOOK WHO IS PAYING FOR HILLARY’S ELECTION AND THEN LOOK WHO IS VOTING FOR HER
One year ago on this exact day, I published the Truth in Media editorial “FDR OPENED WALL STREET-WASHINGTON REVOLVING DOOR IN 1934” (AND OBAMA AND HILLARY WALKED RIGHT THROUGH IT – http://wp.me/p3QU1S-15J – July 26, 2015).
Part of that editorial included this image of Hillary’s major donors from Wall Street with a caption: LOOK WHO IS PAYING FOR HILLARY’S ELECTION.
Today, I reposted this piece. And what a difference a year makes. The vast majority of responses I have received so far from the readers was how dumb or stupid the people are who are voting for such a thoroughly corrupt and disgraced candidate, as Hillary Clinton.
One of them, for example, wrote:
“Are the american voters this dumb to ignore all this money theft & corruption?”
Yes. Some. The elite have been working on this for decades. See my 1997 Washington Times column – DUMBING DOWN OF AMERICA (published as DANCING ‘ROUND THE GOLDEN CALF – http://www.truthinmedia.org/Columns/clip-aug-31-97.html), and the 2013 update to it – DUMBING DOWN OF AMERICA II – http://www.truthinmedia.org/2013/Dumbing%20Down.html).
And now, here’s the irony, while the rich Wall Street type along with foreign (Saudi) interests are paying for Hillary’s election, the people who are voting for her come from the opposite end of our social strata.
In broad strokes though:
- Middle aged women
- Seniors who do not strongly identify as Republican
- Black people
- Minorities in general
So the rich are paying for Hillary’s election and the lower classes and minorities whose ignorance and labor the rich are exploiting are voting for her.
That’s like voting for your henchmen. Or henchwoman in this case. Can it get dumber than that?
Dumbing Down of America? You betcha. And here’s a proof of it.
Also see… “FDR OPENED WALL STREET-WASHINGTON REVOLVING DOOR IN 1934” – July 2015 – OBAMA AND HILLARY WALKED RIGHT THROUGH IT – http://wp.me/p3QU1S-15J