Ratigan Schools Barack-Loving Progressive: "Obama Works For Goldman Sachs & Wall Street, Get Over Your Nonsense That Democrats Are Any Better Than Republicans!"
Video - Dylan Ratigan Deals In Political Truth - Sep. 20, 2011
Clip has not been posted before. This is another must see. Start watching precisely at the 4:30 mark - Runs 2 minutes from there.
- Ratigan nails the Republican and Democratic factions of the one-party Kleptocracy known as Wall Street. If you still believe in left-right puppet show, get to the nearest mirror and shout "KNAVE!" until the mythical recovery arrives.
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Fully transcribed below.
DYLAN: “The biggest contributor to Barack Obama’s presidential campaign is Goldman Sachs. The primary activities of this president relative to banking have been to protect the most lucrative aspect of that business, which is the dark market for credit default swaps and the like. That has been the explicit agenda of his Treasury Secretary. This president is advocating trade agreements that allow enhanced bank secrecy in Panama, enhanced murdering of union members in Colombia, and the refunding of North Korean slaves.”
DYLAN: “This president and Republicans are both in favor of those trade agreements. And this president renewed the Bush tax cuts for millionaires. Those are actions. Those are not words. This guy’s a great talker. Everybody loves to talk. This is a man who has taken action. Barack Obama has taken action. He has kept the swaps markets dark, no capital requirements for the—“
GUEST: “Let me react. I’m a progressive. I share a lot of the frustrations that my fellow progressives share. When I look at the alternative, I think, well, it sure beats the alternative. But I think you’re onto something in the following sense, Dylan. These things I’ve mentioned, just examples of things that the president can do, while on the edges, they still have an effect. All they do, I think, is illustrate that if we want to see action, okay, it may not be as good as a $500 billion jobs bill, but don’t stop, don’t stop, with asking Congress—“
DYLAN: “But I guess where I take issue is, this president is working for the bad guys. The Democrats are working for the bad guys. So are the Republicans. The Democrats get away with it by saying, ‘Look at how crazy the Republicans are; at the Democrats pretend to care about people.’ BUT THE FACT IS THE 2-PARTY POLITICAL SYSTEM IS UTTERLY BOGUS."
Commentary and transcription provided by Cheyenne.
Oct 7, 2011 at 11:10 AM
Reader Comments (28)
http://www.counterpunch.org/2011/10/07/obama%e2%80%99s-new-populist-fakery/
http://rt.com/usa/news/rating-obama-disapproval-quinnipiac-251/
The money center banks get it from free reserves at your expense.
It's entirely instead of banks taking losses, the economy moving forward,
interest rates rising, the patient looking rosier.
But Geithner's still coming up with one plan after another aimed at
preventing the banks from taking losses.
The health cartel is also about everything but their facing health risk.
re-stating for my own ability to find myself
Dudley Nightshade
And candidly, Harry, after reading your comments these past few months, you are part of the problem. You seem to love the DEMS, all else be damned. You are a party tribalist to a certain degree.
Thank you for allowing me this say.
1-INVESTIGATE, ARREST AND TRY THE WALL STREET CRIMINALS (Is bundling toxic debt into “AAA” status loans and leaving entire economies in ruin, illegal? one of many examples.
2-CONGRESS ENACT LEGISLATION TO PROTECT OUR DEMOCRACY BY REVERSING THE EFFECTS OF THE CITIZENS UNITED SUPREME COURT DECISION -(we really do need to get BIG MONEY out of our government from the top down, even Warren Buffett says that.
3-ACTION ON GLASS-STEAGALL http://en.wikipedia.org/wiki/Glass–Steagall_Act — Wiki entry summary: The repeal of provisions of the Glass–Steagall Act of 1933 by the Gramm–Leach–Bliley Act effectively removed the separation that previously existed between investment banking which issued securities and commercial banks which accepted deposits. The deregulation also removed conflict of interest prohibitions between investment bankers serving as officers of commercial banks. Most economists believe this repeal directly contributed to the severity of the Financial crisis of 2007–2011 by allowing Wall Street investment banking firms to gamble with their depositors’ money that was held in commercial banks owned or created by the investment firms.
4-CONGRESS PASS THE BUFFETT RULE ON FAIR TAXATION SO THE RICH AND CORPORATIONS PAY THEIR FAIR SHARE & CLOSE CORPORATE TAX LOOP HOLES INCLUDING PROHIBITION ON HIDING FUNDS OFF SHORE. Pass the Buffet Rule on fair taxation so the rich pay their fair share.
5-CONGRESS COMPLETELY REVAMP THE SECURITIES AND EXCHANGE COMMISSION AND STAFF IT AT HIGHEST AND LOWEST LEVELS WITH PROFESSIONALS WHO GET THE JOB DONE PROTECTING THE INTEGRITY OF THE MARKET THEREBY PROTECTING THE AMERICAN PEOPLE AND INVESTORS.
6-RE-ESTABLISH THE PUBLIC AIRWAVES IN THE U.S. SO THAT POLITICAL CANDIDATES ARE GIVEN EQUAL TIME FOR FREE AT REASONABLE INTERVALS IN DAILY PROGRAMMING DURING CAMPAIGN SEASON.
7- CONGRESS ENACT SPECIFIC LAWS THAT EFFECTIVELY BUILD A WALL BETWEEN THE DEFENSE INDUSTRY AND THE U.S. MILITARY. If we’re going after corruption and also trying to reduce all the unnecessary wars that are costly in so many ways (most importantly costly in terms of human life on both sides), then this is the GRANDDADDY OF ALL REFORMS. Any of you who have seen the award winning widely popular documentary “Why We Fight” will realize the HUGE impact of this. Here’s a snippet of Eisenhower’s brave speech.
“In the councils of government, we must guard against the acquisition of unwarranted influence, whether sought or unsought, by the militaryindustrial complex. The potential for the disastrous rise of misplaced power exists and will persist. We must never let the weight of this combination endanger our liberties or democratic processes. We should take nothing for granted. Only an alert and knowledgeable citizenry can compel the proper meshing of the huge industrial and military machinery of defense with our peaceful methods and goals, so that security and liberty may prosper together.”
Like I said, the news media is making them out to be a bunch of rag tag, bongo beating stoners, but I believe they are in many cases, VERY WELL EDUCATED. no way of paying off their student loans, and basically no future, and nearly everyone reading this knows this to be true.
Good night,
http://occupywallst.org/forum/specific-demand-and-action-list-for-washington-dc/
Both hate Wall St. and love Main St.
Both hate Big Banks
Both hate illegals.... OWS because they suppress wages - TP just wants them gone.
Both want to abolish the Fed.
Both want an end expensive Wars.
Both hate outsourcing Corporations.
Both think Wall St trading is corrupt... insiders make money up or down... while Grannie's 401 K is destroyed by the games. Outlaw short selling and both TP and OWS will vote for you.
So why don't TP and OWS speak to each other?
OWS is gay, has tattoos, loves Tacos and smokes pot.
TP is homophobic, xenophobic, loves Chicken Friend Steak and beer.
The parties play one against the other... and steal from all of us.
Very well put. The last thing these kids are Stupid as the MSM make them out to be........."Why".....becouse they are afraid of them and they know they have a Real Bitch............................Plus they aint goin no-place, cuz they got no place to go.......
Google Collage Inc. and you will get their answer on how the goverment tricked them into student lones they will Neaver Pay Off...................!
As one way or another even protesters may appear, sound, perhaps disagree. Does not change the FACT that the President (a loosly used term at best) has so much as interest in managing the blatent wrongdoing of just the police who have no business arresting anyone unless absalutly necessarry. He care not! If 99% of them die.
I think it was Dylan himself with a gest whom I cannot remember that said so accuratly. "He (meaning the president) at this point (which was just after August's Debt Ceiling push to the shy) needs to come out and say this is a bought congress, but he won't". And he never did.
I think anyone with a reasonable sense of mind new that would have been his only true saving grace left of the appearance of a man who cares.
In the above video Dylan's guest is seeminly sharp, articulate and he did in fact make a decent point about the troops. Thought he forgot to mention all the other places I recently found out where we are like Somolia. That surprised me! But I also realize the only person who understads why I may be the only one on this post last to know this is DB.
The annoying thing is. Though most here see Dylan's Guest as a mad man. People that dude influnce have a way of keeping that bright light of the Obama hope tunnel alive and well. That's just got to change. Dylan does do a fine job of it though I must say.
But even better? He then wants to "bring home the troops" so that "they" will spend "their money" in the US renting and buying the vacant homes...again, appealing to the desire to rectify the market oversupply (caused by criminal banking "bundling" of Derivatives with fraudulent ratings attached and a departure from the norm of only lending to solid credit risks).... and right the sinking ship of real estate.....but WHO KEEPS PAYING? The TAXPAYERS..NO CUTS IN DEFENSE SPENDING, JUST MORE DEBT...Very very clever Mr. Goodfriend, may I purchase you a ticket to Tel Aviv: ONE WAY, YOU ASSHOLE????
Why is there less and less money on the street? Why can't anyone get a loan? Why are we wagering murderous assaults without cause in so many countries? Who did 9-11? Make that three rounds with the old Mike Tyson. Goodfriend knows the answers to the above questions and it is written all over his face with that shit-eating grin, all the time putting a (lobotomized? With a BP tattoo on one cheek and a GE tattoo on the other cheek with a 'Property of Raum Emmanuel ' tattoo across both?) Barack Obummer on a pedestal as an executive McGiver who could do it all if just.... Don't you believe it people. We are on our own and the game has been rigged in their favor. Unless a radical dumping of the Fed and reinstallation of a contained banking system as described in the constitution takes hold and restabilizes our country in control of its own government, now financially and institutionally controlled by the Rothschild Freemasonry alliance(Britannia) through corrupt officials who go to Israel to service the 'World court of the World' at the obelisk in the courthouse basement.
Goodfriend=Goodweasel. This creep is suckering people into a false sense of hope until they become broke enough and desperate enough to lose it. He is a soldier of the banks. He has earned four rounds with Iron Mike, hanging from the ceiling like a heavy-bag. With a referee present. This 'mamas' boys who hide behind the cops' B.S. has got to go.
ThAre would be body parts along with cheep China plastic.......toys.........food........puter parts !
As Alan Grayson observed:
"Let me tell what they're talking about. They're complaining about the fact the Wall Street wrecked the economy three years ago and nobody's held responsible for that. Not a single person has been indicted or convicted for destroying twenty percent of our national net worth accumulated over two centuries. They're upset about the fact that wall street have iron control over economic policies of this country and that one party is a wholly owned subsidiary of wall street and the other party caters to them as well, that's the truth of the matter as you said before."
That last sentence is key. One party is worse. Marginally. But there is a difference. We're seeing that difference in how the (mere) two parties react to OWS. Both sides do it. One is definitively worse.
I see what you're saying on certain issues, but the trouble is that the Dems tend to placate and de-fang the opposition -- whether it's war or bailouts. In my view, that's why the Tea Party veered off into GOP la-la land. Were it not for Obamaphoria in early 2009, a whole range of people (as they are now) would have been out in the streets over the bailouts. Instead, the Tea Party only captured those who already disliked Obama, whether for partisan or substantive reasons. (Or for crazy shit, like "He's a Kenyan Muslim Communist who hangs out with Al Qaeda!")
Unfortunately, the Tea Party folks have been so co-opted by now that most of them will never join OWS, but instead will talk about dirty, hippie trust-fund brats who hate America and Capitalism (which is I think what Herman Cain said).
I believe that corporations have become to large to be managed. They are not very efficient at providing goods and services, the true beliefs of the free marketeers to the contrary. They are no more efficient than the government except at squeezing a nickel out of honest people. They are too powerful for real democracy or even a functioning republic. But how can they be broken up. I believe that an economy has to be based on producing. People believing they can strike it rich flipping houses or pimping real estate or pimping chinese products or with stock market speculation are as much of the problem as the Wall Street heads and corrupt senators. Guys like rick santelli scream and rant but they are the problem.
There is no pure system or theory which will work. We are only left with what we have to work with. Hopefully someone will force the democrats to become a real party representing working people. I do not have a lot of hope there. Or a real third party emerges. The republicon gang is beyond hope. There main constituency is the super rich. I suspect the whole thing breaks completely before it will be fixed but I hope not for all of our sakes.
Not quiet at all, though there was no political outlet for their (our) rage. I remember working with lefties in 2005 trying to get Bush impeached and in trying to get the MSM to cover the Downing St. memos. (No such luck.) There was also Pat Buchanan who founded American Conservative magazine as a direct response to Bush and the Neo-cons (that was 2003). Paul didn't emerge as a candidate until 2007, so there were no Paulians until then. Conservatives like Colin Powell and Larry Wilkerson, you will note, voted for Obama in 2008. It isn't that people were "quiet," it's just that there was no direct political outlet for Ron Paul-type views until he ran for president.
And this is the Real Problem (and comes full circle back to the 'both sides do it" issue, albeit from the other direction). Stewart/Colbert '012!!
Obama is a war criminal, same as Cheney, and Bush. He is owned by Wall Street, same as Bush.
You quote Grayson here and he's talking bullshit.
"They're upset about the fact that wall street have iron control over economic policies of this country and that one party is a wholly owned subsidiary of wall street and the other party caters to them as well, that's the truth of the matter as you said before."
Caters to them?
Nonsense. DEMS are a wholly-owned subsidiary, just like the GOP. Dodd and Chuck Schumer come immediately to mind. The only difference is that DEMS try to act like they aren't owned, but we all know it's true. There are a few members from both parties who are NOT owned, but just a few, and not enough to claim that one party is marginally better than the other.
Ratigan tried to compile a list though I would not agree with every name, especially Richard Shelby, as that fucker is owned completely by banks.
http://dailybail.com/home/is-your-senator-a-member-of-the-bankster-party-list.html
With respect to OWS, here's a random sampling off the top of my head:
Elizabeth Warren
Peter King
Herb [sic] Cain
The Fox News Octopus
George F. Will
Charlie Pierce
Rand Paul
Where is the equivalency from the other side? In this instance, one side, as Alan Grayson laid out, is worse. If you have counter examples which suggest otherwise, I'm all ears.
"Obama is a war criminal, same as Cheney, and Bush."
This claim is harder to quantify, but still pretty impossible to dispute. Which was the last U.S. President who wasn't a War Criminal? I would wager that all would justly deserve that label, but some were certainly worse than others. Obama did not (and I don't think would have) invade Iraq for no reason, but the Obama Administration's recent declaration that the Supreme Ruler can assassinate U.S. Citizens is deeply disturbing (I bet Cheney's OK with that, by the way).
"The only difference is that the media tend to forgive Obama for the same egregious policies for which they vilified Bush. "
Examples? Do you not recall the media in the run-up to the Iraq Invasion? (Looking back, that was a pants-shitting scary time.) How many pundits with large megaphones openly opposed that obvious and obviously unnecessary disaster? (A certain Nobel Prize-Winning Economist and Occupy Wall Street Supporter comes to mind. Others?). How did the Media respond to the "Mission Accomplished" stunt when it happened?
Examples? Do you not recall the media in the run-up to the Iraq Invasion? (Looking back, that was a pants-shitting scary time.) How many pundits with large megaphones openly opposed that obvious and obviously unnecessary disaster?
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I was referring to issues after the invasion...torture at Gitmo and Abu-G prison, mostly, where bush-cheney were rightfully impugned, but Obama is not. And you brought up Anwar.
With respect to OWS, here's a random sampling off the top of my head:
Elizabeth Warren
Peter King
Herb [sic] Cain
The Fox News Octopus
George F. Will
Charlie Pierce
Rand Paul
Where is the equivalency from the other side?
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I'm not talking about OWS...I'm talking about 3 years of bailouts under geithner-obama and the failure to rein in wall street leverage and derivatives, and the failure to pass a true audit of the Fed...DEMS and GOP were both complicit. also goldman Sachs being obama's largest campaign contributor comes to mind...
Look, all I'm saying is that both parties are completely beholden to wall street and banks, not that there aren't good people in both parties who are not. Liz Warren wins the game hands down, obviously, which is why you've seen about 100 stories on her on this site. Grayson as well. Marcy Kaptur and Ron Paul. There are a few good apples, but the tree is infected by rotten bugs on every branch.
In the Kesey movie, 'One Flew Over the Cuckoos' Nest', the Nickleson played character is finally given a lobotomy and returned to his room. What the audience sees is a lobotomy victim, still under anesthetic, recently revived, but still totally zoned out. The Native American character snuffs him out, not because of his ghastly appearance, but because of the absolute hideousness of what a featureless lump the Nickleson character will be while being trained to perform a marketable task. Exactly like what Barry Soetoro has become as Barack Obama. The perfect shill. Once the effects of the drugs wears off, the victim becomes lucid, but defects in higher brain functions exist, with deficits in moral and deficits in response abilities to other certain intellectual stimuli.
The actress, Francis Farmer, was railroaded into one of these operations by her psycho-controlling mother who signed papers that Francis had become an 'insane person' because she disagreed with her mother and wanted personal freedom as an adult. Her management agreed with her mother. See the film 'Francis'. I went to the theater with a date to see it and after the film ended I nearly ripped my chair out of the floor I was so enraged. Now America needs to find rage and use it properly.
Obummer does exactly what he is told and submits to any and all influences his controllers expose him to. And he cannot do otherwise and can not conceive of a reason why he SHOULD object. Connecticut, 1979 S.S. card. Why? Med billing purposes? Cameron? Operation Monarch?
Right, but one party actually hoped to nominate the good Ms. Warren to a position for which she is most excellently qualified (head of the Consumer Financial Protection Bureau). The marginally worse party not only rabidly rejected that would-be nomination, but also the very concept of a Consumer Financial Protection Bureau. The marginally worse party is--as a party--openly hostile to even the mildest form of regulation of the banking industry, while the marginally less evil party is not (at least not across the board like the other one is). This is, one thinks, a difference worth noting, especially as this particular issue seems to be right in the wheelhouse of the Daily Bail. Both sides are guilty of being in the back pocket of Scumbag Bank, but one side is demonstrably more so.
Thank you Jonathan. My sentiments exactly