WSJ Poll: 73% of the Wallstreet’s Richest Bankers and CEOs Back Jeb bush

JebBush
Source: Alternet
By: Nomi Prins / Tom Dispatch

It’s happening. As expected, dynastic politics is prevailing in campaign 2016. After a tease about as long as Hillary’s, Jeb Bush (aka Jeb!) officially announced his presidential bid last week. Ultimately, the two of them will fight it out for the White House, while the nation’s wealthiest influencers will back their ludicrously expensive gambit.

And here’s a hint: don’t bet on Jeb not to make it through the Republican gauntlet of 12 candidates (so far). After all, the really big money’s behind him. Last December, even though out of public office since 2007, he had captured the support of 73% of the Wall Street Journal’s “richest CEOs.” Though some have as yet sidestepped declarations of fealty, count on one thing: the big guns will fall into line. They know that, given his family connections, Jeb is their best path to the White House and they’re not going to blow that by propping up some Republican lightweight whose father and brother weren’t president, not when Hillary, with all her connections and dynastic power, will be the opponent. That said, in the Bush-Clinton battle to come, no matter who wins, the bankers and billionaires will emerge victorious. (more…)

Wall Street Moves to Put Taxpayers on the Hook for Derivatives Trades

Michael Krieger
Liberty Blitzkrieg

Wall Street has for some time attempted to put taxpayers on the hook for its derivatives trades. I highlighted this a year ago in the post: Citigroup Written Legislation Moves Through the House of Representatives. Here’s an excerpt:

Five years after the Wall Street coup of 2008, it appears the U.S. House of Representatives is as bought and paid for as ever. We heard about the Citigroup crafted legislation currently being pushed through Congress back in May when Mother Jones reported on it. Fortunately, they included the following image in their article:

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#M17 #OWS NYPD’s Iron Fist: OWS Re-Occupation Arrests: Protester Has Seizure in Handcuffs

Recorded 3.17.12 at Zuccotti Park, NYC.

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OWS Afternoon Arrests – 6 Month Anniversary – RAW FOOTAGE

NYPD’s Iron Fist: OWS Re-Occupation Arrests: Protester Has Seizure in Handcuffs

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