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Palast writes: "Today, Obama has named Penny Pritzker Secretary of Commerce. As the President says, It's a milestone: the first female fraudster to hold that post. No longer will criminal bankers have to lobby the administration - because now they'll have one of their own in the Cabinet."

Penny Pritzker. (photo: AP)
Penny Pritzker. (photo: AP)


Billionaire Bankster Breaks Into Obama's Cabinet

By Greg Palast, Greg Palast.com

03 May 13

 

ou made fun of me when I suggested that President Barack Obama would nominate a confessed bank scammer, a loan-sharking mortgage predator, to his cabinet. But thar she blows!

Today, Obama has named Penny Pritzker Secretary of Commerce. As the President says, It's a milestone: the first female fraudster to hold that post. No longer will criminal bankers have to lobby the administration - because now they'll have one of their own in the Cabinet.

The following is taken from the Chapter, "Penny's from Heaven?" you'll find in my bestseller, Billionaires & Ballot Bandits. [Get a copy, I'll sign it, and you send it to the President.]

We never heard of this guy Barack Obama until 2004. Less than three years before taking the presidency, he was in the Illinois state senate, a swamp of scammers, backhanders, and party machine tools - not a stellar launch pad for the White House. And then, one day, state Sen. Barack Obama was visited by his fairy godmother. Her name is Penny Pritzker.

Pritzker's net worth is listed in Forbes as $1.8 billion, which is one hell of a heavy magic wand in the world of politics. Her wand would have been heavier, and her net worth higher, except that in 2001, the federal government fined her and her family $460 million for the predatory, deceitful, racist tactics and practices of Superior, the bank-and-loan-shark operation she ran on the South Side of Chicago.

Superior was the first of the deregulated go-go banks to go bust - at the time, the costliest failure ever. US taxpayers lost nearly half a billion dollars. Superior's depositors lost millions and poor folk in Sen. Obama's South Side district lost their homes.

Penny did not like paying $460 million. No, not one bit. What she needed was someone to give her Hope and Change. She hoped someone would change the banking regulators and the Commerce Department so she could get away with this crap.

Pritzker introduced Obama, the neophyte state senator, to the Ladies Who Lunch (that's really what they call themselves) on Chicago's Gold Coast. Obama got lunch, gold and better - an introduction to Robert Rubin. Rubin is a former Secretary of the Treasury, former chairman of Goldman Sachs and former co-chairman of Citibank. Even atheists recognized Rubin as the Supreme Deity of Wall Street.

Rubin opened the doors to finance industry vaults for Obama. Extraordinarily for a Democrat, Obama in 2008 raised three times as much from bankers as his Republican opponent.

So what did Citibank's Rubin get for showering Obama with gold? Obama agreed to take care of Rubin's poodles, Larry Summers and Tim Geithner. They became Obama's first cabinet picks: Summers as Economics Czar and Geithner as his czarina, Secretary of the Treasury.

Geithner and Summers were the gents who, under Treasury Secretary Rubin, designed the deregulation of banking. In effect, they had decriminalized the kind of financial flim-flammery that brought the planet to its knees while bringing Rubin, Pritzker and the banksters loads of lucre.

So, in 2008, Summers and Geithner were put back in the saddle - Obama's horse but Rubin's saddle.

Rubin received more than $100 million from Citigroup, the gargantuan commercial bank/investment bank/casino created by deregulation. It is worth a mention that Rubin's centi-million-dollar payoff went unchallenged by Citi's new owner, the US Treasury, which had put up more than a trillion dollars in loans and guarantees to pull Rubin's creature out of bankruptcy.

Rubin rocked, but Penny was pissed off. Pritzker had taken this state senator/community organizer from the ghetto, made him a US Senator, then, as Obama's campaign finance chairwoman, raised a mind-blowing three-quarters of a billion dollars to make him president.

In return, in 2008, Obama decided to make his patron Penny the Secretary of Commerce. But then, in November 2008, just as Obama was about to submit her nomination to Congress, a bunch of Pritzker's victims marched on Washington. They were not from her busted bank, but unhappy workers from the lucrative nursing homes that her family owns through a string of complex offshore trusts. Obama slammed the door on Penny pronto.

The Pritzker family made its billions mostly from Hyatt Hotels and Hyatt nursing homes. Penny, on the Hyatt board of directors, is an infamously combative anti-union apostle. UNITE HERE, the union that represents Hyatt workers, has called for an international boycott of Hyatt hotels. In 2012, UNITE HERE and its parent, the AFL-CIO, were crucial to Obama's winning Ohio, Michigan and Wisconsin. So, in this last campaign, Obama had to keep his billionairess heiress on the down-low.

Obama appeared to keep the door shut on Pritzker throughout the 2012 campaign, reducing her to hosting an election fundraiser at her Gold Coast digs, which she had to bill as a Goldman Sachs PAC event. This marks possibly the first time and last time anyone used Goldman Sachs as a PR cover.

But today, with the unions' money and votes already pocketed and counted, Obama can give working folks The Finger and give Penny her pound of flesh: the Commerce post.

The New York Times says that, "At Commerce, Ms. Pritzker could provide the president with a new way to reach out to the business community." The last time Pritzker reached out to the business community was to sell them sub-prime mortgage securities, worthless bags of financial feces manufactured by Superior Bank.

By giving Penny, the Piggy Banker, Commerce, we have to change Obama's rating to sub-prime.

I do note that some woman's organizations are applauding the appointment of the first female to the Commerce post. But I prefer to honor the victims of the Chicago femme fatale. Most of Penny's victims, busted bank borrowers and underpaid health care workers, are women, too. But, unlike those wounded and destroyed by Pritzker, she worked hard for her money: it was not easy inheriting her first billion from her daddy.

 

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+85 # DPM 2013-05-03 06:48
This should no longer surprise anyone.
 
 
-14 # FDRva 2013-05-03 10:37
Quite right.

Palast promoted Obama's candidacy when the relevant Anglo-American corporations--a nd allied intell agencies--favor ed Barry.

Now 'investigative journalist' Palast has suddenly discovered Barry's well-known pro-Wall Street dark side, right after a small-scale terrorist action--in Boston.

Should we expect that sometime very soon--an untraceable British intelligence asset or two--maybe with an Al-Qaeda profile--will make an attempt on our President's life?

Might we expect widespread Boston-style martial law regardless of how those British intell assets perform?

I am told that many pious members of our intelligence community get unduly aroused when told that the hand of God is waving.
 
 
+16 # engelbach 2013-05-03 16:09
This isn't about Palast, but Obama.

There's nothing in Palast's article that you refute.

You just can't stand to have anyone criticize Obama.
 
 
0 # FDRva 2013-07-29 22:34
Greg and Barry are what we call 'deeply compromised intell community assets..'

Not the sort worth defending on political grounds.

Truth be told, Joe Biden, just might be able to run for President as an incumbent.
 
 
-1 # FDRva 2013-07-29 22:47
I am committed to keeping the elected President of the USA alive. Many of his putative friends are not.

Several of the President's nominal Wall Street allies have a different agenda. Duh.
 
 
+2 # wantrealdemocracy 2013-05-03 20:56
Surprise anyone? No. In a psychological fit of denial, loyal Democrats can not even consider the truth of the situation of the blatant corruption of the Democratic party. They will resist to their death any thought that the Democrats are not the good guys. Anything that Barry Soetoro does is good.
 
 
+10 # RnR 2013-05-04 17:00
Not true. I know plenty of used-to-be loyal democrats who have had epiphanies. More than the democratic party would like I think.
 
 
0 # karenvista 2013-05-04 17:44
Quoting wantrealdemocracy:
Surprise anyone? No. In a psychological fit of denial, loyal Democrats can not even consider the truth of the situation of the blatant corruption of the Democratic party. They will resist to their death any thought that the Democrats are not the good guys. Anything that Barry Soetoro does is good.


Democrats are agreeing here that Obama is acting like Bush III. Why do you have to make an azz out of yourself with your birtherism?
 
 
+119 # earthmama 2013-05-03 06:49
And a Monsanto lobbyist as the head of the FDA despite all kinds of "clean food" promises in his campaign. What a disappointment. Who/what to trust these days?
 
 
+45 # RLF 2013-05-03 14:06
He is not a disappoinntment ...he is a traitor to those that voted for him and a bastard.
 
 
+13 # RMDC 2013-05-03 15:51
"But thar she blows!"

Oh good. Maybe Obama will get a blow job in the Oval office and he can be impeached.

Clearly he will never be impeached for his real crimes like this appointment or his terrorist wars around the world. I'd settle for a blow job impeachment this time.
 
 
+37 # tswhiskers 2013-05-03 06:55
Mr. Palast, how is it that you aren't in a perpetual state of depression? Thank God for you since you break the stories the U.S. press won't touch. It is no surprise that Obama is in thrall to big money, what politician isn't? And I too was disappointed to hear that he has appointed a billionaire to his cabinet; one of his attractions has been that he grew up away far from eye-bulging wealth. Ok. he's more like a moderate Rep. than a true Dem, which isn't all bad; remember the 1960's and early '70's when the justice system was impossibly liberal and the unions had begun to run amuck, striking every time a contract came up for renewal. Unfortunately now, at a time when we need stronger unions and courts willing to take on bullying Rep. legislation, we bemoan the rosy past that we remember. But, times change and we need to remember that over-conservati ve Reps. are doing themselves in, just as over-liberal Dems. did in the 60's and 70's. We have in Obama a man who I believe is trying to do his best to operate between a bullying Rep. Party and a still weak-minded Dem. Party. And, as I have repeatedly said, whatever he has done, the Reps. would have been and will be far worse for this country. I hope that we the electorate will remember that despite our disappointment with Obama.
 
 
+3 # Walter J Smith 2013-05-03 19:56
Obama is "more like a moderate Rep...? Really? Who do you think of as a "moderate" republican?

Obama is more like a Tea Party Republican than he is like anything humanoid.

He is totally devoted to ungoverned profiteering, no matter what the cost or to whom.

He has nothing for anybody to the left of Dick Cheney, except pretty rhetoric, which, of course, is nothing but hollow sales talk to the easily sastified & hollow headed left half of the US citizenry.
 
 
+6 # phrixus 2013-05-04 04:53
@tswhiskers: "Ok. he's more like a moderate Rep. than a true Dem."

Certainly beauty (or in this case homeliness) is in the eye of the beholder but the cloak of "moderate" does not even begin to fit this President. He has repeatedly proven himself via his actions (or inactions) to be firmly ensconced with even the extreme right wing factions of the GOP to the neglect of civil rights, justice and plain human decency. He has earned a place for himself in history which can only be described as a not-so-slowly-m oving train wreck.
 
 
+65 # Trueblue Democrat 2013-05-03 07:04
Remember back in 2008 when all the media greats were talking about the "miracle" of the Obama grass-roots movement that was sweeping the country?

Couldn't find anyone writing about who Obama was or what he stood far. No, all we got was that Obama was a shoo-in thanks to the millions of little folk that wanted him and were sending him $5 and $10 donations.

I can't believe that mega-buck media pundits didn't know then what is so clearly apparent now: that Obama was a creature of mega-buck banksters and Wall Street fraudsters.

I can't believe and I don't -- not for one minute.
 
 
+27 # Majikman 2013-05-03 08:28
How bad and slimy does one have to be to use Goldman Sachs as a cover? "...reducing her to hosting an election fundraiser at her Gold Coast digs, which she had to bill as a Goldman Sachs PAC event".
If there are any of us still harboring any doubts or even hope that Obama is on the side of the 99%, I submit that you are so far up da Nile that you're in jeopardy of being crocodile lunch.
I've wondered who Obama's "rabbi" was and now we know...a piece of garbage too toxic for a dump.
I'm done with him and most of the dems. Check out the article in Truth-out for Apr 30..."Another Government is Necessary".
 
 
+22 # DeadlyClear 2013-05-03 10:21
Oh, add this one to your historical review and Obama has the guts to host it on his Ethics page on Change.gov:


"I am in this race to tell the corporate lobbyists that their days of setting the agenda in Washington are over. I have done more than any other candidate in this race to take on lobbyists — and won. They have not funded my campaign, they will not run my White House, and they will not drown out the voices of the American people when I am president."

-- Barack Obama, Speech in Des Moines, IA
November 10, 2007

I posted 2 other recent disgusting appointments on www.deadlyclear.com. I'll be adding Penny to that list right after I puke...again.
 
 
+12 # Phlippinout 2013-05-03 12:25
Thats because our media fills us up with garbage and lets the good stuff go under the carpet. This is exactly what the media is supposed to do when owned by our slave masters, the rich. We are supposed to know very little and spend lots of money. Feed the pig, feed the pigs everyday of your hard working life so they can own your mind, your thoughts and your inability to think out of the box ever again.
 
 
+81 # Linda 2013-05-03 07:14
Frankly I think Obama has made too many of these poor decisions to be just a mistake on his part!
I think we have been scammed into thinking we had voted for someone on our side !
I am done with voting until someone runs who really has a liberal agenda and really is on the side of the average citizen !
What a disapointment Obama is turning out to be . Cuts to SS,appointing crooks to his cabinet, I hate to see whats next on his agenda .
Somehow I think whatever is next it will be aimed at the most vulnerable in our society like it always is !
I for one will not make any more excuses for Obama's decision making!He is not the man I thought he was !
 
 
+50 # geohunt1 2013-05-03 08:02
Linda you are right. In 2008 (and 2012) Barak Obama told we of the GRASS ROOTS that we were giving record amounts of money to his campaign; and we were. But so were the millionaires and billionaires giving record amounts of money to his campaign. WHAT A SCAM!

Where are the liberals when we need them? Well, maybe they were being gerrymandered out of office by the Republicans (like Dennis Kuchinich) at the same time.

I hate having to choose the lesser of two evils.

I also hate getting scammed!
 
 
+29 # cymricmorty 2013-05-03 09:09
Ditto, ditto, ditto. I was a True Believer and donated what I could to his campaign (I'm a break-even wage slave). Linda is right. He's made too many horrific choices now to write off as mistakes. The best thing I can say about Obama right now is that he's not Romney.
 
 
+11 # theory≠opinion 2013-05-03 10:14
Or chased out of politics because people make fun of their enthusiasm (Dean). How we ended up with Kerry running in that election is beyond me. I guess he was the most wooden candidate we could find after Gore got hosed by the Supreme Court.
 
 
+3 # Walter J Smith 2013-05-04 15:29
So don't fall for the evils of either of those lessers.
 
 
-24 # Robt Eagle 2013-05-03 08:27
Wow, you folks are finally seeing him for what he is. Obama is exactly what the Republicans and FOX News had said all along. I guess the truth is something that you avoid until it hits YOU where it hurts. Start listening to the TRUTH and stop with all these promises of helping the little guy, Obama is sinister, but sure talks a good game.
 
 
+26 # djnova50 2013-05-03 11:49
If Obama is exactly what the Republicans and FOX News had said all along, why would they be so strongly against him? It makes no sense to me. What he wants is pretty much what the Republicans say they want. Why are they against him?
 
 
+18 # cymricmorty 2013-05-03 12:21
I'd never know if FOX "News" was right or not because I don't watch that lying media extension of the republican party.
 
 
+15 # womyn 2013-05-03 11:55
Obama is just as corrupt and part of the same club!
They are all on the same league, just differing teams.
All corrupt.
 
 
+13 # tswhiskers 2013-05-03 12:18
You are wrong! Obama is indeed right of center, but he is not the socialist monster the Right-wing media make him out to be, nor is he sinister. He is in an impossible situation, having to deal with a Rep. Party that doesn't give a damn for anyone except wealthy and corporate interests and with the maddening super majority necessary to pass anything in the Senate. Reps. are inhuman in their indifference to real suffering and need. Obama is a political realist and too prone to compromise. Fox News and most conservative media are nothing but propaganda. If the Reps. take over the federal govt. they will give huge tax breaks to the top 5% or so, gut funding for education and all social programs, and tax everyone else to the hilt to pay for the wars and tax giveaways that they want. This country will become like Mexico and S. American countries where the top 2% own all the land and live like kings off the backs of the peasant farmers. Here, instead of farming, burger-flipping will be respectable work except for the jobs that can't be outsourced to Bangladesh. If this is your idea of Heaven on earth, you're welcome to it; the rest of us want a little more from life.
 
 
+15 # Selwick 2013-05-03 15:12
tswhiskers, it's all a big laughing game for them. When they all meet at the golf course - and all includes the deceiver of the century - they are laughing their behinds off about how they are scr.... the little people. All just a show for us to think we have a choice. We don't!
 
 
+3 # karenvista 2013-05-04 18:06
Quoting Selwick:
tswhiskers, it's all a big laughing game for them. When they all meet at the golf course - and all includes the deceiver of the century - they are laughing their behinds off about how they are scr.... the little people. All just a show for us to think we have a choice. We don't!


Wasn't it Boris Berezovsky who was trying to propose a fake two party system like we have here in the U.S. to Putin?

He explained that they could hold all the power, make all the decisions, control all the money, campaign for office and pass it back and forth and the stupid people would think that they actually had a choice.

Apparently Putin likes things the way they are since Berezovsky was found hanged in his bathroom just outside of London.
 
 
+10 # engelbach 2013-05-03 16:14
It's already happening, with Obama in the driver's seat and the Democratic Party of today to the right of the GOP of yesteryear.
 
 
+6 # Walter J Smith 2013-05-03 20:01
You have to be a paid Obama PR staffer. No one else would devote so much effort to apologizing for such a total sleazy pile of dog doo.
 
 
+8 # phrixus 2013-05-04 05:02
He certainly has a choice on whom he appoints to various posts e.g. Pritzker. Why then go with all these snakes?
 
 
+16 # Michael Lee Bugg 2013-05-03 13:14
They said hewas a Socialist, not a 'help only the rich at any cost' capitalist. You are correct only in that he is not what hee was potraid to be. You still don't see what he really is either! I had my eyes blinded only until he picked his first cabinet and then left unemployed workers and people losing their homes high and dry while he pursued his version of the 'health insurance protection Act' a.k.a. "Obamacare"! And for the record, I see Hillary as more of the same. She is no FDR or even LBJ either!
 
 
+9 # engelbach 2013-05-03 16:13
You're a little confused.

The right accuses Obama of being a socialist and a class warrior, not a tool of Wall Street and the banks.

That criticism comes from those of us who are still on the left.
 
 
+7 # gaby2122 2013-05-03 08:58
Had people actually paid attention to his record and what he actually said they would have noticed he was at best a centrist on a good day.
 
 
+21 # womyn 2013-05-03 11:58
I didn't vote for Obama, nor McCain, nor Romney.
They are all on the same corrupt league!

Until the US allows third and forth parties, there will be no change. The fascism, gov't in bed with corps, changes, there will be no improvement.

More and more, the 99% suffer!
 
 
+15 # Mrcead 2013-05-03 07:38
It's an exclusive club and the guest book is quite full.
 
 
+10 # womyn 2013-05-03 11:59
Yes, and that club is the Bilderberg club!
The globalists!
 
 
+28 # obx1212 2013-05-03 08:15
I worked for Senator Obama's election in 2008. What a disappointment from the git-go. Or is it Gitmo. There have been too many disappointments to catalogue and so many others have already. Just let me say that the "lesser of two evils" is still evil. I voted for Jill Stein and I'm proud of it. It's too bad that not enough people did so.
 
 
+15 # Susan W 2013-05-03 09:45
I too voted for Stein. What I find hard to stomach is all the people who were duped by O the second time around. Well we are all now stuck with their lesser evil.
 
 
+16 # djnova50 2013-05-03 11:52
In 2008, I voted for Obama. In 2012, I voted for Jill Stein. The thing with most 3rd party candidates is that they don't get the public exposure that the candidates from the Democrat and Republican parties.
 
 
+25 # giraffee2012 2013-05-03 08:46
All quiet on the black front? Few, if any, racist, birther, etc remarks against President Obama. Is he part of the club or is he threatened by "them" and afraid for his and his family's lives?

Is he another Rove puppet? There is definitely something fishy here.

And, btw, where are the jobs, infrastructure repairs, education money, etc?

With our eyes wide open we watch (quietly, silently) as the Nazi like people take over everything we have or could have. And there is no USA to rescue us as the USA did for "allies" in WWII.

I hope Elizabeth Warren or somebody with her standards runs for President. The PRESS is pushing for Hilary by gigantic numbers BUT, as good as she could be, I believe she is too connected to the same creeps that are over-taking our government (have taken - maybe more accurate.

YOU and I can keep voting for ONLY a Bernie Sanders, Elizabeth Warren and a handful of other Congress people who we KNOW are on the "straight and narrow" - for the 99%.

Don't hesitate to call you reps and Senators with your opinions and threats to vote them out unless they vote the WAY YOU WANT THEM TO VOTE (this is actually working in some very RED states over the gun registration voting)
 
 
+3 # Walter J Smith 2013-05-03 20:07
Agree with all but voting for any Bernie Sanders. For all his happy talk, he is blindly devoted to that Pentagon mega-waste boondoggle, the F-35, that trillions of dollars in, still doesn't fly well enough to call even remotely anything like a promising
military tool.

The Democratic Party is so devoted to Hillary it is sickening; she is just as devoted to Wall Street as Billy and Barack.
 
 
+7 # ganymede 2013-05-03 08:50
So what are we suppose to do? Withdraw our support for Obama and insure that the out and out fascists take over the country. That doesn't seem very smart. I'm beginning to think that it's time to build up the Green Party, and do everything possible to let Obama know how unhappy we are with much of what he's doing. Also, not to forget that he is keeping us out of more Bush-type wars and he is the first American politician to at least open the door and get us on the road to socialized medicine. A lot of the anti-Obama progressive/lib eral people are being irresponsible in doing withever they can to destroy Obama. They truly underestimate how crazy and awful the rightwingers are. These people in their anger, hatred and confusion would destroy our country and the world in their desire to get rid of Obama.
 
 
+17 # womyn 2013-05-03 12:03
Obama is a fascist ruler.
Pay close attention.

Until Americans do their due diligence, their homework, and pay close attention to "independent media" not corporate controlled media (including PBS), there will be no change.

Americans have proven themselves to be gullible and easily influenced by propaganda (hello! Weapons of Mass destruction in Iraq? 80-90% were in support of the wars!
 
 
+6 # Walter J Smith 2013-05-03 20:08
RE: "So what are we suppose to do? Withdraw our support for Obama and insure that the out and out fascists take over the country."

Obama IS an out-and-out fascist!

Where have you been for the last four and a half years?

99% of his efforts are on behalf of Wall Street, if not more.
 
 
+16 # James Marcus 2013-05-03 09:33
'Breaks' into.....Give me a break!!
That is, no 'Breaking' necessary! How about 'buys into'?. 'Welcomed into'?...etc
It's 'payback time', in American Politics, as usual. Nothing new. Ho Hum......I hope no one reading this column is shocked, or surprised. More Representation for the .01%, like they need more...
Mind you he has this right, to appoint whom he pleases.
How about HIM? He is the 'one', and The Bought-and-Paid -For ....Cronies in Congress.
All need replacement. The System is Broken.
'Piecemeal correction' of this Absurdity, is pointless.
 
 
+20 # womyn 2013-05-03 12:42
I agree 100%!

Anyone who still holds onto the belief system that Obama or the Cronies in Congress have our, the 99%, best interests at heart has their head in the sand!

Congress just passed a bill which Obama signed that ALLOWS CONGRESSIONAL MEMBERS TO USE INSIDER TRADING TO THEIR FINANCIAL ADVANTAGE, NO PENALTY. However, if you or I did it (remember what happened to Martha Stewart!), we'd be committing a crime and punished and imprisoned.
 
 
+16 # MsAnnaNOLA 2013-05-03 09:38
We have black box voting in this country we can't have a recount of any vote because most states have electronic voting systems that can be hacked rather easily according to computer science experts.

So how do we even know that the two party oligopoly is not just trading off the presidency every eight years? We don't know if our votes even count at all. In the last presidential election the corporate controlled media did not even bother doing exit polls in my state and many others that are not battle ground states.

I find it very curious that there is hardly any light between the actions of the two corporate oligopoly parties. Real independents like Buddy Roemer are not even given a slot in the debates. The oligopoly parties do not want an independent person who might get support because it would expose the fact that there are other ways beside the corporatist way.
 
 
+12 # kitster 2013-05-03 09:50
who now believes that obama cares anything about the "middle class" (read people one paycheck away from poverty)? who now believes that obama doesn't care more about cash than anything? and the "piggy bankers" like pritzker...they own the presidency and congress combined.

oh, and did i forget the ownership of a majority of the supreme court?

in fact, i heard there's a new proposal to change the great seal of the u.s. in one of the eagle's talons will be a pig and in the other a wad of cash.

power to the plutocracy, to be accurate, should also replace e pluribus unum.
 
 
-5 # FDRva 2013-05-03 10:00
I think Palast is the best investigative reporter of his generation.

That is a polite insult that identifies Palast's across-the-pond intell community origins--and suggests that the gentleman knew all about the stuff he is reporting today--about the Pritzger family, Obama and corruption--rou ghly 5 years ago.

Funny that the British agencies who apparently employ him--choose to burn Palast--and Obama--now.

Should we expect an impending 'lone assassin' attack on the President?

Perhaps by a 'terrorist' with an impeccable Al-Qaeda resume--that is the way Brit agencies do things--unless they farm the job out to their junior partners--the Saudis--or maybe some desperate Israeli network.

If I have said it once--I have said it twice--Presiden t Obama has much to fear from his alleged intelligence community friends.
 
 
+3 # Walter J Smith 2013-05-03 20:12
Geez, are you a constantly recycling recording of yourself?

You already said that stuff above.
 
 
+1 # Lennie 2013-05-03 10:29
I give up.
 
 
-6 # poetmarinerray 2013-05-03 11:35
Obama's pick for his new Commerce Secretary, Penny Pritzer(longtim e Obama political supporter) could be the surprise 'test' to see if Republicans are really serious about strengthening the U S economic position in the world . Keep in mind that Obama also nominated Michael Froman as U S trade representative( a far more important position vis-a-vis our relations with the fastest growing developing Third World economies. )

Read more: http://www.politico.com/story/2013/05/penny-pritzker-commerce-secretary-90854.html#ixzz2SG9cmuoS
 
 
+2 # phrixus 2013-05-04 05:14
"...could be the surprise 'test' to see if Republicans are really serious about strengthening the U S economic position in the world.

You cannot possibly be serious. This is just cleverly disguised satire, right?
 
 
+19 # womyn 2013-05-03 11:54
Unlike Obama's predecessor, more than 1500 banker criminals were arrested, prosecuted, convicted
and imprisoned due to their criminal roles in the S&L scandal.

The S&L scandals are a drop in the bucket in comparison to the 2008 Wall Street Bankster's economic collapse
which has harmed billions of innocent
persons world wide, and continues to harm folks, deplete pensions, etc., etc., etc., etc., ad nauseam.

Golly, gee-whiz! I am so shocked that Obama would appoint a billionare bankster into his cabinet.
(That statement was sarcasm! )
Of course, Obama would appoint a bankster to his cabinet and continue to protect Wall Street Banksters.
By the way, to date, not one single corrupt banker has been arrested, much less prosecuted. Further, new laws have been implemented to protect these banksters.
 
 
+4 # mim 2013-05-03 17:51
As if that weren't enough, this news has a snowball in hell's chance of reaching the mass of American people, even if they're sensible people of good will. I woldn't know about it if I weren't on the RSN e-mail list.

Has there been a 1934-style business plot that we don't know about?
 
 
+5 # Walter J Smith 2013-05-03 20:15
You can always send the link to your friends and contacts.

How else does "word of mouth" news get around?
 
 
+1 # mim 2013-05-03 18:13
I have one question: was this a recess appointment, or was the Senate allowed to have its say?
 
 
+5 # Walter J Smith 2013-05-03 20:15
The Senate is so deep in moral & ethical coma it long ago reduced itself into a club of self-promoting & ineffectual grand standers.
 
 
+7 # Linwood 2013-05-05 08:09
The only differences between the Dems and Repubs lie in relatively minor social policies, such as access to birth control, gay rights, etc. On the big important issues that affect everyone, both parties are owned by the banksters, their lobbyists write the laws, and the people have no representation. It's how the system works. I don't know what Obama stands for, or truly believes in, but I do know that nothing will change until the system does. Let's not waste our breath criticising, let's put our heads together and change the system. Solidarity!
 
 
+1 # corey 2013-05-05 11:28
Perfectly stated!!!
 
 
+7 # corey 2013-05-05 11:28
Linwood said it perfectly so I'll repeat it if you missed it:


Linwood 2013-05-05 08:09
The only differences between the Dems and Repubs lie in relatively minor social policies, such as access to birth control, gay rights, etc. On the big important issues that affect everyone, both parties are owned by the banksters, their lobbyists write the laws, and the people have no representation. It's how the system works. I don't know what Obama stands for, or truly believes in, but I do know that nothing will change until the system does. Let's not waste our breath criticising, let's put our heads together and change the system. Solidarity!
 
 
+3 # indianfirst 2013-05-05 14:52
Analysis of the Obama and Clinton senatorial voting record showed Obama on a scatter map to be to the right of Clinton. And Clinton was a known conservative on some financial policy issues. I think it troubled progressives that we were likely to get one of two pretty conservative democrats. Political comparisons made the choices tough. Would Clinton have been better? Would she have won over McCain or Romney? Business had no big worries from Bill Clinton, Jimmy Carter, or John Kennedy for that matter. There have been no progressives to win the Democratic nomination or run in a third party successfully. This country is known across the seas as a capitalist enterprise. We are hogs of consumption and as long as we are willing to step on the rest of the world, we will not achieve a progressive political dominance.
 
 
0 # Malcolm 2013-07-06 15:29
I have some female friends who voted for the warmongering man-woman-hilar y, for nomination as the demoratic party's presidential candidate. Know why? "It may be the only time before I die that we will have a chance to have a female president"

(!)

Two of these gals are, or were anyway, active in the local OFFICIAL Democratic Party. I THOUGHT they were politically savvy, so this was pretty astounding.

I feel sure that there were plenty of people who voted for Obombya at least in large part due to he's supposedly "black".

This whole situation makes me even more than normally convinced that primates are incapable of governing themselves.
 

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