Posts Tagged ‘corruption’

On Sunday April 23, Bernie Sanders said, “The Democratic Party’s model is failing,” and if voter turnout doesn’t grow “there is no future forward for the Democratic Party.”

Now how about that? The Democratic Party is controlled by billionaires and the grassroots is drifting away. They ran Walmart/Wall Street candidate Hillary Clinton for US president and lost to an outsider who said outrageous and pretty stupid stuff in 2016. Of course, Donald Trump also kicked the crud out of 16 other contenders for the Republican Party nomination, so maybe the Republican grassroots are tired of the other billionaires that control their political party.

“Well,” Sanders said. “I think what is clear to anyone who looks at where the Democratic Party today is that the model of the Democratic Party is failing,” Sanders said on “Face the Nation.” “We have a Republican president who ran as a candidate as the most unpopular candidate in the modern history of this country. Republicans control the House, the Senate, two thirds of governors’ chairs.”

“And in the last eight years, they have picked up 900 legislative seats,” Sanders continued. “Clearly the Democratic Party has got to change. And in my view what it has got to become is a grassroots party. A party which makes decisions from the bottom on up. A party which is more dependent on small donations than large donations. A party… that speaks to the pain of the working class in this country.”

Sanders, who ran against former Secretary of State Hillary Clinton for the Democratic presidential nomination in 2016, is on a “unity” tour across the country with Democratic National Committee Chairman Tom Perez to reinvigorate the Democratic base. The Vermont senator said the party must “take the lead” on issues that matter to the working class to increase voter turnout and “regain control of the United States Congress.” He failed to mention this is unlikely to occur with the billionaires in control of the party.

“So what we have got to do and what Democrats have got to do is go all over this country, start getting into those red states which have been ignored for decades, start growing the voter turnout,” Sanders said. “Having an agenda which brings people together to say that, ‘In the richest country in the history of the world, yeah. You know what? We can have health care for all people as a right. We can raise the minimum wage to $15 an hour. No, Donald Trump is not right. Climate change is not a hoax. It is a major planetary crisis.’”

Of course, none of this is going to happen until the next recession begins this summer because the billionaires don’t want it to occur. After the brunt of the recession begins to hit in earnest some months later, voters of the Democratic Party will hopefully chase out the billionaires because a series of grassroots movements has already formed though they have not coalesced except to be anti-Trump. This, of course, means these movements against Trump have a striking resemblance to the Tea Party that dogged President Obama during his eight years. The Koch Brothers primarily fund the Tea Party and exercise significant control over its leadership.

The problem with many of the grassroots who are involved in the Democratic resistance to President Trump is what also ails Tea Party grassroots members, which was an attitude of “Obama bad, anything Republican good.” Many members of the Democratic grassroots resistance follow a similar small minded path, only it’s “Hillary good: Trump bad,” and “Democratic Party run by billionaires good; Republican Party run by different bunch of billionaires bad.”

Too few of these people don’t realize they need to kick the billionaires and millionaires and their plutocrats like Hillary and Bill Clinton out of the Democratic Party. If they fail to achieve this, they will simply be used by the billionaires who control the Democratic Party to defeat Donald Trump in the next presidential election rather than cleaning their own house. The corruption in both major political parties stinks like two pigsties.

When Tom Perez became Chairman of the Democratic Party by defeating Democratic Minnesota Congressman Keith Ellison the grassroots lost to the billionaires, and many of them didn’t even know it. This means the grassroots resistance has yet to influence the Democratic Party in any meaningful way. This suggests that if the Democratic Party bosses successfully use the grassroots resistance to unseat Donald Trump in 2020, it’s still going to be business and corruption as usual.


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How things have changed! Back in the 1960’s, Rachel Carson’s book Silent Spring warned about the human health dangers caused by insecticides. Industrial pollution ensured that US lakes and rivers caught fire. In 1970, conservative Republican US President Richard Nixon signed the legislation creating the Environmental Protection Agency (EPA). The EPA’s job was to clean up the pollution. The result is that much of that US industrial pollution has been exported to China, India and elsewhere.

US business leaders have long chafed under the chains of the EPA. The more pollution these folks are allowed to create, the more profits their corporations earn, the higher corporate share and bond prices rise. So big business has conspired to takeover the EPA, so as to bend the rules to their favor.

Scott Pruitt, a loyal servant of the profit needs of big oil now heads the EPA. President Franklin Roosevelt once said that businessmen had made certain that government had become an appendage of their profit making before he took office. Pruitt is now in position to ensure the EPA does not do its job in the USA. So expect human health considerations to be shunt aside in favor of the profit desires of big oil and Koch Industries, because as Attorney General of Oklahoma, that is precisely how he defined his job, as you can see from the video above.

Most of the politicians governing the US today are among the most corrupt in world history, and that includes US corporate apparatchiks, such as Mitch McConnell and Ron Wyden.

Think about this. Nixon is considered to have been one of the most corrupt president’s in US history. He was a man who’s crimes were considered so great that he was forced to resign from his office. Yet he ignored the advice and bribes of his corporate sponsors to create the EPA. And the crimes he committed pale in comparison to President Bush lying us into war, or to embroil us in the Iran-Contra scandal.

Something has gone terribly wrong with the USA since Nixon. Crimes are committed by people in high office, and there is no concern for punishment, because the criminals are in charge of the white house, the senate, the US house of representatives, and the US supreme court. There’s no one to answer to for ones crimes in government nowadays. The US government is rotten through the core with corruption.

Yet, there is an economic hurricane just around the corner. When that hits, we’ll be able to clean house, like FDR did in 1933. Get ready.

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As President-elect Donald Trump takes office today, January 20, 2017. the Pew Research Center reports “the public has starkly different expectations about which groups in society will gain influence – and those that will lose influence – under his administration.

Nearly two-thirds of Americans (64%) say wealthy people will gain influence in Washington when Trump takes office. Just 8% say they will lose influence, while 27% expect the wealthy will not be affected.”

I agree with the 27 percent who say the wealthy will not be affected. The reason is simple. The rich already control both major political parties, and through them, the rich control the federal government, virtually all state governments, and most big city governments, as well as a lot of local governments.

The wealthy are not going to improve upon that score a whole lot under Trump. Control of the legislative process has been the primary means by which the 1 percent has methodically increased its share of wealth and income of the United States year after year for the last thirty-five years.

That’s why the 64 percent who say wealthy people will gain influence are wrong inasmuch as wealthy people have so much power they can’t possibly gain anymore.

The difference is that those rich folks who use the Democratic Party as a vehicle to control the mechanisms of government and to profit via those mechanisms, have lost influence. Think Warren Buffett, George Soros, Bill Gates and other Democratic Party billionaires. Their rivals who control the Republican Party will gain influence at their expense.

Those Republican billionaires include Sheldon Adelson, Donald Trump, Charles and David Koch, hedge fund managerz Paul Singer and Robert Mercer, and a lot of other Wall Street investors.

Together, the billionaire Democrats and billionaire Republicans form a kind of good old boy network with some rivalries among them. They also control the media in such a way as to ensure we don’t see this, although it’s pretty obvious.

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20150224_problemThe financial collapse of 2008 was the worst recession since the Great Depression. Give President Obama and his administration credit for saving the economy from the depredations of Wall Street despite massive Republic resistance to resuscitating it, which they did solely for political gain. However, this historically weak recovery masks a startling reality.

Only one perpetrator of Wall Street crimes was ever brought to justice, and he wasn’t a big figure in the massive corruption going on. In March 2009, Obama met with Wall Street leaders and said, “I stand between you and the pitchforks. I am on your side and I will protect you.”

Only one banker from that era was prosecuted. That was Bernie Madoff, and the only reason he was carted off to prison was because he stole from rich people. And not one other Wall Street criminal executive went to jail after stealing billions via fraud, money laundering of Mexican drug cartel profits, and numerous other crimes. Many became his financial advisers, which meant Obama pursued policies to redistribute income from the 99 to the 1 percent for eight long years.

At all times, Obama refused to bite the hand that funded his past, present and future, as well as funding much of the Republican and Democratic Parties. In other words, Obama was largely, if not completely, in the back pocket of Wall Street as were President Bill Clinton, both President’s Bush, Ronald Reagan, Hillary Clinton, Mitt Romney, Wall Street Senator’s Ron Wyden, Mitch McConnell and Orrin Hatch.

Obama operated in a cesspool corruption. He was part of the problem, not the solution.

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Under President Obama, your civil liberties were redistributed to the 1 percent via your tax dollars.

Edward Snowden earned $200,000 a year working for a corporation called Booz Allen Hamilt (BAH). BAH is a publicly traded corporation that derives 99 percent of its income from US government contracts, and its stock is traded on the New York Stock Exchange.

The primary purpose of BAH is to illegally spy on US citizens on behalf of the United States government. The federal government contracts with dozens of corporations to illegally spy on US citizens within the United States, and without warrants, as required by the US Constitution. This is a very profitable business.

In early June 2013, Snowden released thousands of government documents showing the existence of the National Security Agency’s (NSA) illegal domestic spying program. He feared for his life and fled the country.

Snowden was not the first to reveal classified information. The New York Times reported the existence of this program in 2005. Shortly afterwards, two time Pulitzer prize winner New York Times reporter James Risen released his book State of War revealing the NSA’s illegal program. The Bush administration made threats against the Times and Risen, but did nothing.

As a true patriot, Risen refused to divulge the sources for his information even under threats of jail by the Obama administration.


And this all goes to the main point. The NSA still continues to spy on US citizens in violation of the US constitution, even going to the point of burglarizing the homes of US citizens without even so much as a warrant. This corruption is all about corporate profits at taxpayer dollars and civil liberties.

The reason Obama continues to steal our civil liberties is simple. It’s all about money, profits, campaign contribution, political corruption and corporate share prices.

According to a report by The Washington Post, BAH’s Chairman, Ralph W. Shrader, was given $3.1 million in compensation during the fiscal year of 2012. The Post reported that the company has 24,500 employees, and a market cap of $2.5 billion. They reported $5.8 billion in revenue for 2013, of which $219 million were profits. And profits have been rising considerably in recent years. Net operating income was $200 million in 2010, off of $5.1 billion in revenue. Three years later revenue had grown to $5.8 billion, while operating income had doubled to $446 million.

In other words, while their business with the government remained steady, earnings increased considerably.

According to the BAH 10-K filing, “we have strong and longstanding relationships with a diverse group of clients at all levels of the U.S. government. During fiscal 2013, we derived 99% of our revenue from services under more than 5,700 contracts and task orders. The single largest entity that we served in fiscal 2013 was the Army, which represented approximately 16% of our revenue in that period. We derived 91% of our revenue in the fiscal 2013 from engagements for which we acted as the prime contractor.”

Of that revenue, a further 23%, or $1.3 billion, came from U.S. Intelligence agencies.

At the time Snowden made his revelations of corruption, BAH’s share price stood at $17.38 a share. The price has steadily risen until it jumped over $38 a share recently. Chasing Snowden out of the country and using a steady propaganda campaign of painting him as a traitor to the US government, while ignoring that he was defending the US constitution, helped to steady the BAH share price.

Had the US government decided to no longer violate the US constitution based on Snowden’s revelations, the BAH share price, and the shares of all those other corporations that contract with the US government to illegally spy on US citizens, would’ve become valueless.

That was something Obama’s Wall Street masters could not tolerate. So he clamped down on all forms of dissent and whistle blowers within the US government. That is one of his chief achievements as US president.

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The Epipen delivers a dose of epinephrine, otherwise known as adrenaline, to treat extreme allergic reactions. It’s been around for more than a century. And the pen that delivers the medication has been around since the 1970s, when it was first developed by the US military with taxpayer dollars.

Epinephrine was invented in Japan. This jump-started other areas of emergency medication for heart and lung problems. The hormone is now used in hospitals around the world, and is included on the WHO’s list of essential medicine. It only costs a few dollars for a vial.

Mylan, which is the corporation with the legal right to the taxpayer funded Epipen, recently relocated outside the United States to avoid paying taxes.

Proxy filings show that from 2007 to 2015, Mylan CEO Heather Bresch’s total compensation went from $2,453,456 to $18,931,068, a 671 percent increase. During the same period, the company raised EpiPen prices, with the average wholesale price going from $56.64 to $317.82, a 461 percent increase, according to data provided by Connecture.

Mylan was able to rip off the public because it bought legislation through corrupt politicians, and let’s face it, the US government from the White House to almost every US senator and almost every US member of the House of Representatives have been bought and packaged by big business so as to increase their profits at the expense of the 99 percent.

According to NBC News, “After Mylan acquired EpiPen the company also amped up its lobbying efforts. In 2008, its reported spending on lobbying went from $270,000 to $1.2 million, according to opensecrets.org.

Legislation that enhanced its bottom line followed, with the FDA changing its recommendations in 2010 that two EpiPens be sold in a package instead of one and that they be prescribed for at-risk patients, not just those with confirmed allergies. And in 2013 the government passed a law to give block grants to states that required they be stocked in public schools.

In 2007 the company bought the rights to EpiPen, a device used to provide emergency epinephrine to stop a potentially fatal allergic reaction and began raising its price. In 2008 and 2009, Mylan raised the price by 5 percent. At the end of 2009 it tried out a 19 percent hike. The years 2010-2013 saw a succession of 10 percent price hikes.

The stock price more than tripled, going from $13.29 in 2007 to a high of $47.59 in 2016.”

In other words, the US government aided and abetted a monopoly so that it could redistribute income from the 99 to the 1 percent. Furthermore, as a complete monopoly, the US government allowed Mylan to rip off the needy in violation of the numerous US laws, which include the Sherman Anti-Trust Act.

That’s how corrupt your government is.

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As this coming Great Depression nears (See The Coming Recession–JohnHively.Wordpress.cm, the corporate press will want you to believe that deflation (a decrease in overall prices) is bad. Sometimes, and for some people, it will be. Deflation will deflate the current stock market bubble, and the current housing bubble. A lot of rich people are heavily invested in these two sectors. The rich folks are mainly invested in mortgage backed securities (bonds backed by outstanding mortgages). The more the big banks illegally manipulate housing prices upward, the more bonds can be sold to the rich. See The Big Banks Are Illegally Manipulating the House Prices Upward–JohnHively.Wordpress.com

By some estimates, an 8 percent decline in the value of houses sends the values of tens of trillions of dollars of mortgage backed securities plummeting to zero. That’s a bad thing for the rich, but a good thing for everybody else.

That’s tens of trillions of dollars the rich won’t have to corrupt your federal, state and local governments with. That’s tens of trillions of dollars the affluent won’t have to corrupt both major political parties. And when the values of stocks drop with deflation, for the same reason, that’s good too, at least for 99 percent of us.

Our spending power increases when the price of goods and services drop, especially if those things are made outside of the United States, which is where most US corporations manufacture their stuff.

Yes, there are some down sides to deflation for the rest of us. More corporations operating in the US are likely to lay off people. On the other hand, small business is the fastest growing sector for employment in the US, and these businesses are less likely to be impacted by deflation.

Just take a look at the recent deflation in the prices of oil and gasoline. That spurred the profits of the Airlines upward. That helped a lot of travelers of the 99 percent, but it hurt rich shareholders in the oil and gasoline industries. It also helped the rich shareholders in the airline industry.

Good things and bad things can occur with deflation. Most of the bad things will happen to the rich, especially to those who corrupt government, and use that corruption to rob from the 99 percent. So deflation can’t be all bad.

Check out the link below for more information.

World faces deflation shock as China devalues yuan at accelerating pace–Daily Telegraph

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