Obama is Now a “Fat Cat”

Hypocrite: Noun; A person who calls others “fat cats” for charging a lot of money, but then himself charges obscene amounts for speaking a crock load of bull shit.

Barack Obama, spent much of his eight years in the White House pointing critical fingers at Wall Street and Big Business, but today he isn’t as adverse to the almighty dollar as he let us to believe.

The ex-prez is about to earn $400,000 to deliver a speech (AKA a crock load of bull shit) at a Wall Street conference being run by Cantor Fitzgerald LP — the same type of people Obama used to blast as “fat cats.”

We can’t even count the number of times Obama blasted Wall Street for its greed — slammed Big Business for its salaries at the so-called expense of the little people. Fat cats, he called them — over and over, ad nauseum to the free-market, capitalistic crowd.

But now that he’s got a speaking gig with these undesirables that’s valued at $400,000?

It’s goodbye, principles; hello, greenback!

https://www.commondreams.org/news/2017/04/26/obama-under-fire-400k-speech-wall-street-fat-cats

 

Excerpts:

while Obama railed against “fat cat bankers” on the campaign trail, during his tenure as president he oversaw the massive bailout for the firms responsible for the 2008 crisis, picked former Wall Street executives for his cabinet, and not a single banker went to jail.

As Aaron Blake writes in the Washington Post, there are many problems with the arrangement:

George W. Bush and Bill Clinton did this, too, as have Hillary Clinton, Ben Bernanke and Alan Greenspan. And the more that Wall Street firms give out-of-office presidents and big-name politicians these paydays, the more they become the norm. Other presidents will know that such payments are on the table, and it risks coloring their decisions with regard to Wall Street and special interests.

Which is already happening with Obama, retroactively.

“Whether fair or not, it’s not difficult to look at Wall Street paying $400,000 to Obama as a reward for [the lack of prosecutions for anybody involved in the financial crisis]. In that way, it’s tough on both precedent and Obama’s presidency,” Blake observes.

Disco Pioneers: Indian Born Music Producer Biddu and Tina Charles

Back in the ‘70s Tina Charles was a very talented English singer and at the time doing only backup vocals for groups, and wasn’t getting recognition. It wasn’t until she met Indian born British music producer Biddu who produced her immortal hit “I love to love”. I remember watching this song premier on “Top of the Pops” back in ’76. It still sounds fresh almost 40 years later!

Biddu is considered one of the pioneers of Disco, Euro-Disco and South Asian Pop (Indipop) music. He was hailed as one of the “50 Greatest Music Producers of All Time” by New Musical Express.  His international breakthrough came in 1974 with “Kung Fu Fighting” performed by Carl Douglas; the song became one of the best-selling singles of all time with eleven million records sold, helped popularize disco music. It was the first worldwide disco hit from Britain and Europe, and established Biddu as one of the most prolific dance music producers from outside the United States at the time.

He also produced “Disco Deewane” for Nazia and Zoeb Hassan which went on to become the biggest selling pop album in South Asia and launched an entire genre of South Asian pop music. I lived in Africa at the time, it was heard everywhere from corner shops to clubs.

The Obama Legacy – the Audacity of Dope

The real Obama legacy is nothing but broken promises, war crimes, illegally spying on citizens, assasinations of US citizens, the word’s most expensive “free healthcare” that stuck the bill to working class people in increased taxes, the world’s greatest ever deficit ($19 trillion?!@#&*!) looting the most productive members of society to pay for politicians to get rich including Obama. If you seek enlightenment, research what his net work was before he became president, and then what it is now.

By the way, MOST of the following articles below are commentaries by LEFT-wing, progressives. I guess there are a few principled left-wingers in the country who hold a Democrat President to the same moral standards that they hold a Republican President to.

http://www.nytimes.com/…/questions-on-drones-unanswered-sti…

“The Bureau of Investigative Journalism in Britain has estimated that, in the first three years after President Obama took office, between 282 and 535 civilians were credibly reported killed by drone strikes — including more than 60 children.”

http://www.democracynow.org/…/dirty_wars_jeremy_scahill_and…

“We’re looking right now at a reality that President Obama has essentially extended the very [drone war] policies that many of his supporters once opposed under President Bush,” says Scahill.”

Obama to boost US military in Iraq
http://www.stripes.com/…/in-reversal-obama-says-he-will-boo…

Obama Has Bombed Twice as Many Countries as Bush
http://alibertarianfuture.com/…/obama-bombed-twice-many-c…/…

To Defend Iran Deal, Obama Boasts that He’s Bombed Seven Countries
https://firstlook.org/theinterce…/…/obama-summarizes-record/

U.S. Dropped 23,144 Bombs on Muslim-Majority Countries in 2015
http://www.alternet.org/…/us-dropped-23144-bombs-muslim-maj…

Nearly 90 Percent Of People Killed In Recent Drone Strikes Were Not The Target
http://www.huffingtonpost.com/…/civilian-deaths-drone-strik…

Are Obama’s Record Arms Sales to Saudi Arabia, Yemen, Egypt and Iraq Fueling Unrest in Middle East?
http://www.democracynow.org/…/are_obamas_record_arms_sales_…

“We are joined by William Hartung, who says that even after adjusting for inflation, “the volume of major deals concluded by the Obama administration in its first five years exceeds the amount approved by the Bush administration in its full eight years in office by nearly $30 billion. That also means that the Obama administration has approved more arms sales than any U.S. administration since World War II.”

Former Drone Operators Say They Were “Horrified” By Cruelty of Assassination Program
https://theintercept.com/…/former-drone-operators-say-they…/

Obama Backs Biggest Nuclear Arms Buildup Since Cold War
http://www.forbes.com/…/obama-backs-biggest-nuclear-arms-…/…

Donald Trump and other conservatives’ deportation fantasies are awful. President Obama’s actual record is even worse.
http://reason.com/…/always-worse-than-trump-on-immigration-o

“Obama’s government has deported more than 2.5 million people—up 23% from the George W. Bush years. More shockingly, Obama is now on pace to deport more people than the sum of all 19 presidents who governed the United States from 1892-2000, according to government data.”

Obama’s War on medical marijuana
http://www.rollingstone.com/…/ne…/obamas-war-on-pot-20120216

“But over the past year, the Obama administration has quietly unleashed a multi-agency crackdown on medical cannabis that goes far beyond anything undertaken by George W. Bush.”

New Report Finds Obama Spends $180K Per Day Undermining State Medical Marijuana Laws
http://www.huffingtonpost.com/…/obama-medical-marijuana-cos…

“”What’s the Cost?” confirms how much the U.S. Justice Department has spent over three presidential administrations to investigate, raid, arrest, prosecute, and imprison hundreds of medical cannabis patients and their providers — nearly half a billion dollars. Far outspending all of his predecessors, the report reveals that President Obama has dedicated nearly $300 million to such enforcement efforts, despite his repeated pledges to not use Justice Department funds in this way.”

http://www.huffingtonpost.com/…/bill-clinton-marijuana_n_43…
“Clinton’s successor, President Barack Obama, has spent more taxpayer money fighting medical marijuana than former President George W. Bush did during his two terms, according to a June 2013 report released by the pro-medical marijuana group Americans For Safe Access. In August, the White House announced Obama does not support changes to the legal classification of marijuana, despite growing evidence of its medical benefits.”

Obama Administration suing to keep Black people in prison
http://www.guardian.co.uk/…/us-v-blewett-obama-justice-depa…

“Last month, President Obama quietly did something that should shake every American to the core. Seeking to enforce federal crack cocaine laws that have since been repealed, the Obama administration asked a federal appeals court to ensure that thousands of human beings, mostly poor and mostly black, remain locked in prison — even though everyone agrees that there is no justification for them to be there.”

Obama’s War on whistleblowers
http://www.motherjones.com/…/obamas-whistleblowers-stuxnet-…

Obama Administration Fights To Withhold Over 2,000 Photos Of Alleged U.S. Torture and Abuse
http://jonathanturley.org/…/obama-administration-fights-to…/

Obama Wants to Spend a Trillion Dollars on New Nuclear Weapons
http://www.huffingtonpost.com/…/on-the-a-bombs-70th-anniv_b…

The White House Has Been Covering Up the Presidency’s Role in Torture for Years
https://firstlook.org/…/president-obama-covering-presidenc…/

Obama’s War on civil liberties
http://m.guardian.co.uk/…/26/drones-yemen-fbi-occupy-terror…

http://www.salon.com/2010/05/13/citizens_2/

Noam Chomsky: Obama’s Attack on Civil Liberties Has Gone Way Beyond Imagination
http://www.alternet.org/…/noam-chomsky-obamas-attack-civil-…

Obama is Bad on Civil Liberties, But That Shouldn’t Surprise Anyone
http://www.motherjones.com/…/obama-bad-civil-liberties-shou…

“Obama voted for the 2008 FISA amendments, a position that outraged liberals at the time. He continued the Bush-era surveillance of communications networks. He ramped up the war in Afghanistan. He vastly increased drone use overseas. He’s declared a war on leakers. He participated in the assault on Libya. He’s approved the assassination of American citizens abroad. His DOJ has aggressively made use of the state secrets privilege. He’s fought relentlessly to block lawsuits challenging privacy violations and presidential abuses.”

Obama administration asks Supreme Court to allow warrantless cellphone searches
http://www.washingtonpost.com/…/obama-administration-asks-…/

Obama Has Already Broken His Pledge on Surveillance Reform
http://www.theatlantic.com/…/obama-has-already-brok…/278613/

Obama protects Wall Street bankers from going to jail
http://www.guardian.co.uk/…/untouchables-wall-street-prosec…

Obama still hasn’t closed Gitmo
http://www.washingtonpost.com/…/…/05/21/AR2009052104045.html

Obama promised to close Guantánamo. Instead, he’s made it worse
http://www.guardian.co.uk/…/obama-promise-close-guantanamo-…

(Thanks to David Kramer for compiling these).

A Bailout for Eurozone in the works?

Question: A Greek, an Italian and a Spaniard walk into a bar. Who picks up the tab?
Answer: The American Taxpayer.

Three very important lessons from Charles Goyette (he also predicted the 2007 crash and the Eurozone crash as well) writing on the Eurozone crisis and how US taxpayers are being shafted to bailout Europe’s mess. The US Debt (yes – not my debt, not your debt – but you, your children, your grandchildren and their children will be paying for it in the form of higher taxes) is already at $15 trillion and the US government has only one income to pay it off – taxing the most productive and hardworking members of society. Two sure things in life – death and higher taxes.

 

Read the article at:

 

http://lewrockwell.com/goyette/goyette21.1.html

 

Excerpt:

Nation states and their institutions, the governing classes and the lapdog media are always surprised by crisis. But you don’t have to be. If you understand that the European debt crisis is a dress rehearsal for what is to come here at home, you aren’t likely to underestimate the problem or put much stock in patchwork plans that provide liquidity but leave the underlying debt unaddressed.

 

For astute investors the allure of gold, which is nobody’s liability and doesn’t need to be backstopped by anyone, grows with each new state crisis.

 

124 Tomahawk Missiles dropped on Libya = $186 Million

124 Tomahawk Missiles dropped on Libya at $1.5 million each = $186 million. The US Congress voted to cut funding for NPR which would save about $10 million a year but they are fine with Barack O-bomber dropping $186 million worth of Tomahawk missiles on brown skinned people in North Africa in a single day.


NATO Tomahawk missiles dropped on Libya total up to $186 million

The “Liberation” of Libyan Oil

Barack O-bomber, our beloved Nobel “War is Peace” Prize winning leader, has given up US sovereignty to the UN and started bombing the people of Libya. Is it me or does he love war more than Bush?

The thing is – even “smart bombs” can’t tell the difference between a Gaddafi mercenary or a rebel, a woman or even a child – bombs just kill and civilians will die. That’s a sure thing.

Who really believes that the “No Fly zone” was intended to “protect” civilians? Shame on them – wake up! Saudi Arabian troops shot protesters, then drove over to neighboring Bahrain and killed protesters there as well. The US/UK governments or the UN did not utter a word of protest – why? Because the Saudi and Bahrain tyrants are OUR tyrants.

Well, not even 24 hours after the bombing which killed civilians, Amr Moussa, the head of the Arab League (who is planning to run for President of post-Mubarak Egypt) complained to reporters:

“What happened differs from the no-fly zone objectives. What we want is civilians’ protection not shelling more civilians.”

Here’s the story and excerpts:

Arab League Slams Libya Attacks Amid Reports of Growing Civilian Toll

Having been instrumental in pushing the UN to approve the resolution authorizing the no-fly zone over Libya, the Arab League has found itself quickly regretting its Faustian bargain. Now, with reports of civilian casualties on the rise, they are condemning the massive air strikes by the US, France and Britain.

In addition to the Arab League, the African Union has also called for an immediate attack on all the strikes against Libya, saying it feared “serious humanitarian consequences.” Though the figures cannot be confirmed on the ground (particularly with the US warning journalists away from Libya), the reports as of late Sunday morning are that as many as 64 people have been killed in the air strikes and hundreds wounded. US commander Admiral Michael Mullen insists he has seen no reports of any civilian casualties at all.

US Should Stay Away From Libya

Here’s Sheldon Richman’s brilliant article on our warmongering politicians – Senators John Kerry, John McCain and Joe LIEberman are banging the drums, calling for a war against a country that is not a threat nor has attacked the United States (although the US has bombed Libya before and even killed Gaddafi’s adopted daughter). But the US military doesn’t seem too eager to rush into another war. If Kerry and McCain want to bomb Libya – they will need to fly the planes themselves.

Please call, write and email your elected representatives in the House and Senate and the President that another war is not in the best interests of America, especially at a time when several wars are already a huge drain on the economy and impoverishing the country.

Stay Out of Libya by Sheldon Richman