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finance capital supremacy

Obama & the Fake Debt Ceiling Crisis: This President Is Really Just Smarter Than You Are

By BAR managing editor Bruce A. Dixon

So why won’t the president call Republican and bankster bluffs and shut down the phony debt ceiling crisis? Why won’t the Republicans take yes-may-I -have-another-tax-cut-for-the-rich for an answer? And why won’t president Obama stand up and fight for the poor and working people who voted for him in their tens of millions, who have made his career possible.

The Banksters’ Last Meal

A Black Agenda Radio commentary by Glen Ford

The mortgage foreclosure “robo-signing” scandal has morphed into a crisis of credibility and legality that goes to the core of the U.S. banking system. The bankers can handle desperate homeowners and cowardly politicians. However, Wall Street’s denizens will soon “turn on one another like frenzied, fat, white cannibals – just as they did in 2008” – over which pig owes which.

 

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Obama's Phony "Infrastructure Bank"

A Black Agenda Radio commentary by Glen Ford

Very late in the game, President Obama unveils his version of an industrial policy for America. But it turns out that under his "infrastructure bank" scheme "the same Wall Street players that have relentlessly and methodically de-industrialized the United States for the past 30 years, would direct the economic makeover of the country, all the while earning interest on the borrowed funds."  

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Wall Street: Phony Money and Earth-Shaking Crimes

A Black Agenda Radio commentary by BAR Executive Editor Glen Ford

Goldman Sachs, the most successful parasite in corporate finance and on both ends of Pennsylvania Avenue in Washington, “has been unmasked as one of the dirtiest players in the giant Casino that we know as Wall Street.” The villain isn't simple greed, but a system that “operates in opposition to the human economy.”

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Lawless Capital, Rushing to Armageddon

The rule of law has been cast aside in the mad frenzy to loot the wealth of a nation before George Bush leaves office. "Wall Street has succeeded in establishing a kind of privatized martial law economic regime," in which trillions of dollars are secretly transferred to unnamed corporations.

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by Dr. Radut