Was Obama's 2008 Election Fixed By Wall Street? New Book Raises Suspicions
Was The First Obama Election Fixed? New Book Raises Suspicions
By Pam Martens
At Wall Street On Parade we call it continuity government. Michael M. Thomas, in a new book of quasi-fiction, calls it Fixers, the idea that no matter who comes and goes in the Oval Office, Wall Street has a fix in to make sure it is protected. The Thomas book could not come at a more inconvenient time for outgoing President Obama and the next leg of the continuity government that Wall Street hopes to install in the White House – otherwise known as Hillary Clinton.
What you’re getting in Fixers is a spellbinding analysis of the actual dirty deals that toppled Wall Street in 2008 with a new twist – a fictitious character who says he laundered $75 million into the Democratic presidential campaign of Hillary Clinton’s primary challenger in 2007 in exchange for three names on an index card.
Those three names had to become the “hope and change” President’s chief economic advisor, Treasury Secretary, and head of the criminal division of the Justice Department. These three key posts were to keep piles of bailout money flowing to Wall Street while simultaneously making sure no Wall Street executives were prosecuted for the crimes that brought on the crash.
The details in the book surrounding the three names on the index card seem to be channeling Larry Summers, Tim Geithner, and Lanny Breuer, who took the respective posts of chief economic advisor, Treasury Secretary and head of the Justice Department’s criminal division in the first Obama administration and, indeed, sluiced trillions to Wall Street while the Justice Department failed to prosecute, saying it was worried about collateral damage, such as triggering bank layoffs. Like the collapse of the U.S. economy from untamed financial corruption is not collateral damage.
Fixers takes us back to the earliest days in 2007 when the rumbles of what would become the greatest Wall Street crash since the Great Depression were first being recognized by the smart money crowd on Wall Street. Chauncey Suydam, a one time CIA agent has breakfast with his former boss at the CIA, who now heads a Wall Street investment bank called Struthers Strauss. The Struthers Strauss chief wants Chauncey to fix the election with the $75 million and put the three selected people in those key posts.
Anyone who witnessed Obama’s first press conference as President-Elect knew the fix was in. To his right stood Larry Summers and to his left stood Robert Rubin. The date was November 7, 2008. The public was repulsed by Obama having the gall to put these two on his economic transition team.
WHITE HOUSE NOVEMBER 7, 2008
OBAMA'S FIRST PRESSER WITH RUBIN AND SUMMERS
Both Rubin and Summers had served as Treasury Secretaries under the presidency of Bill Clinton and pushed for the repeal of the Glass-Steagall Act and deregulation of derivatives, two key events that led to the severity of the 2008 crash. Rubin had gone directly from the U.S. Treasury to the Board of Citigroup, the prime beneficiary of the deregulation, and collected over $125 million in compensation over the next decade. Rubin’s era oversaw a rap sheet at Citigroup that would make Bernie Madoff blush. When Rubin finally announced his resignation from Citigroup on January 9, 2009, Citigroup shareholders had lost 88 percent in the value of their shares and the U.S. government had propped up the insolvent Citigroup carcass with the largest taxpayer bailout in the history of finance: $45 billion in equity infusions; over $300 billion in asset guarantees; and over $2 trillion in cumulative, below-market-rate loans.
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Apr 26, 2016 at 4:02 PM
Reader Comments (19)
http://wallstreetonparade.com/2015/08/citigroups-unchecked-crime-wave-proves-that-america-is-headed-in-the-wrong-direction/
This is another good piece from Pam and Russ Martens.
http://www.washingtonpost.com/entertainment/books/fixers-a-financial-thriller-with-cameos-by-hillary-clinton-and-obama/2016/02/10/a27cbf5c-cb7b-11e5-88ff-e2d1b4289c2f_story.html
Washington Post Review
Thre are some good details in here.
“The exercise of power in America today is almost entirely an insider’s game that completely shuts out 99.9 percent of the population, which is never made truly privy to the backstage dealings that decide matters of great pith and moment — which in this great, shining republic generally run to the issue of who is to get what and for how much, with the bulk of the money coming from the full faith and credit of the American taxpayer. We groundlings are never told what was actually, exactly said and agreed, as opposed to what They — with a capital T — and their stooges in the media tell us. You might say that I intend to bridge the gap between the true facts of the matter and what the public will have been told.”
http://www.washingtonpost.com/entertainment/books/fixers-a-financial-thriller-with-cameos-by-hillary-clinton-and-obama/2016/02/10/a27cbf5c-cb7b-11e5-88ff-e2d1b4289c2f_story.html
Seriously?
http://wallstreetonparade.com/2016/04/trump-states-as-fact-if-you-collude-in-the-stock-market-they-put-you-in-jail-seriously/
This is another good read from Pam.
http://wallstreetonparade.com/2016/04/are-hillary-clinton-and-the-dnc-skirting-election-law/
http://wallstreetonparade.com/2016/04/u-s-government-is-now-a-major-counterparty-to-wall-street-derivatives/
Another Great Read
http://wallstreetonparade.com/2016/04/gao-jpmorgan-chase-customers-lost-5-4-billion-to-madoff/
As for that video...OMG! That idiot had no idea what he was talking about. It would be like my giving a talk about electrical engineering or something -- I could pronounce all the words, but I'd have no idea what I was saying. I had forgotten how far in over his head he was.
http://observer.com/author/michael-mthomas/
This is the author of FIXERS when he wrote about the financial crisis. Check out his archive. There is some great stuff in here.
http://observer.com/2009/04/yes-virginia-there-is-a-goldman-sachs/
http://observer.com/2009/04/of-goldman-geithner-and-grifters/
www.whatreallyhappened.com
And thanks to the Daily Bail....bookmarked for sure....this is a must read!...THANKS!
State Spox: “There Was Never This No Boots On The Ground” In Syria
http://youtu.be/rh9zwI7viKk
Where did you hear that?
Well....
http://youtu.be/cO654J5y-Vs
Look John, no S.