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Posts Tagged ‘Elizabeth Warren’

Elizabeth Warren plans to put an end to Wall Street control of the Democratic Party if she becomes president. The first place she would begin is with international trade policies, drawing sharp contrasts with Wall Street puppet’s Barack Obama, Bill Clinton and Hillary Clinton in the process, along with Democratic Party Wall Street Senator Ron Wyden and dozens of other Democrats in political office.

Wyden has long been one of the architects of the growing income and wealth inequality in the United States over the last thirty years. He has continuously championed the exporting of tens of millions of American jobs on behalf of Wall Street investment banks and corporate bigwigs. The difference between the old higher U.S. wages and the new much less third world wages goes straight into the already fat wallets of the billionaires. My ex-wife calls Wyden, accurately as it turns out, a RepubliCon on all economic matters.

As for Warren, her plans include nine issues every nation would have to meet before negotiating a trade deal with the United States. Those standards include upholding and enforcing the labor rights laid out by the International Labour Organization, eliminating all domestic fossil fuel subsidies, fulfilling commitments from the Paris Climate Agreement, not running afoul of the State Department’s Country Reports on Human Rights, and not being on the Treasury Department’s monitoring list for manipulative currency practices. Warren’s requirements would apply not only to new trade deals but to existing treaties that Warren pledges to renegotiate.

Naturally, RepubliCons and Corporate/Wall Street Democrats, such as Wyden, will be opposed to Warren’s standards. So are the billionaires, Wall Street investors, and the so-called news media they control. Their only standard is to redistribute income and wealth from the 99 to the 1 percent even if the world burns.

Taken together, Warren’s mandates would fundamentally change American trade policy, potentially excluding many countries that would see the requirements as too onerous for the parasitic elites who control those governments, and who want to continue the maldistribution of income and wealth that existing trade agreements have been negotiated to bring about.

“For decades, big multinational corporations have bought and lobbied their way into dictating America’s trade policy,” Warren wrote, calling the policies across Republican and Democratic administrations a “failed trade agenda.”

“Trade can be a powerful tool to help working families but our failed pro-corporate agenda has used trade to harm American workers and the environment. My plan represents a new approach to trade — one that uses America’s leverage to boost American workers and raise the standard of living across the globe.”

In effect, Warren aims to reverse the income and wealth stolen from 99 percent of Americans and given to the billionaires by Wyden, Clinton, Obama, and the entire RepubliCon Party.

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The 99 percent of the United States need a champion in the White House (and a lot more in Congress) and Joe Biden is not that person. Biden is a virtual employee of the super-rich, Wall Street executives and big corporations.

The corporate news media made a big play for Biden’s candidacy both before and when he entered the Democratic Party primary. This pushed Biden out to a big polling lead over the anti-Wall Street progressive candidates, such as Bernie Sanders and Elizabeth Warren. Biden initially polled in the mid-40 percent range after he announced his candidacy.

This was never a good sign for Biden because he needed to poll over 50 percent in order to win the Democratic Party candidacy. As the twenty or so Democratic candidates fall by the wayside during the state primaries, the eventual progressive candidate who will oppose Biden will likely receive the vast majority of votes that otherwise would have gone to the failed progressive candidates.

Biden’s poll numbers have gradually dropped to the mid to late 20s as his record as a representative of the filthy rich and as an opponent of the vast majority of American citizens are exposed.

For example, Biden has proposed cutting Social Security benefits for working Americans on three occasions. He has also proposed cutting Medicare. As a US senator, Biden was one of the few Democrats to vote to export millions of United States jobs, and redistribute hundreds of billions (if not trillions) of dollars from working Americans to the rich, when he voted for NAFTA. The difference between the old higher US pay the new lower Mexican pay goes straight into the pockets of the rich year after year for as long as those former US jobs exist in Mexico.

Likewise, Vice President Biden was a big booster of the ill-fated Trans-Pacific Partnership, a trade agreement that would have exported millions more US jobs overseas and redistributed trillions of dollars a year from working Americans to the wealthy in the process.

Many American voters are worried about income and wealth inequality in favor of the affluent. Like Wall Street Senator Ron Wyden, Biden is an architect of these inequalities, and he has the record to prove it, though nobody will hear him brag about it unless it is to the billionaires in private.

Biden is the wrong person at the wrong time for the vast majority of US citizens, and more and more Democratic Party voters can smell the stench of Wall Street all over Joe Biden. Billionaire investors have marked Biden and Wyden the same as cats mark their territory and property.

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Former United States Vice President Joe Biden announced that he was entering the 2020 Democratic presidential primary last week. Biden is the well-acknowledged Democratic National Committee (DNC) establishment candidate, which means he is the candidate of Wall Street, and not of the 99.9 percent of United States citizens.

Wall Street investment bankers, such as hedge fund managers who steal hundreds of millions of dollars per year in compensation and call it earnings, already completely own the Republican Party and most of the Democratic Party. However, they do not control the progressive wing of the party, which is represented by Bernie Sanders, Elizabeth Warren and several others running for the Democratic Party nomination.

In fact, Biden has entered the race in order to cut those candidates off at the pass. The news media, which is controlled by billionaires, has also been doing its best to keep the primary race news centered around Biden. Even before he announced his candidacy, the media kept Biden’s name in the spotlight by continuously including the then noncandidate in polls, and pointing out how high he was in the polls.

Bernie Sanders wants higher taxes on the rich, taxes on Wall Street transactions, the curtailment of Wall Street control over the United States federal government acting solely on behalf of the rich, the $15 minimum wage, Medicare for All, a reduction in wealth and income inequality, an end to exporting United States jobs to cheap labor nations, etc…. Biden, of course, is against all of these.

Essentially, the United States government is no longer Democratic; it has been transformed into an Oligarchy, which is control by a small group. Biden represents that small group of people, as does, US Senator Mitch McConnell, as well as the rest of the Republican Party.

If you want to be represented in the United States government, and you want to restore democracy in government, vote Bernie or Elizabeth Warren. Biden is not your candidate.

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“I worked for Walmart as a shift manager,” twenty-nine-year-old Emily said. “I barely earned enough money to be able to share an apartment and drive an old beater car.” At Walmart, Emily told me her health insurance came from the state of Oregon’s health plan, which is for low-income people. In other words, Walmart’s medical benefits package is welfare from the state. This benefits the billionaire owners of Walmart while impoverishing state tax coffers.

Emily is a millennial. She now works as a waitress, but still owns the same beater car, and she needs to share a home. Emily has a friend she did not care to name, but whom we will call Ken. He works for Starbucks and under the same financial restraints as Emily, who obviously, is not alone in her financial and career situation.

Emily earned a Bachelor of Arts in Speech Communication from Portland State University. Her story is not atypical.

According to a new study, millennials still suffer from the effects of the Great Recession. Their earnings have barely budged as they enter their mid-30s, making it even harder for them to cope with the economic pressures of having a family, a leading think tank has warned.

Their pay has suffered by far the biggest squeeze of any age group since the 2008 crash, according to a study by the Resolution Foundation. While the wages of the over-50s have recovered to levels above those seen a decade ago, it found the typical salary for workers in their 30s was still 7% below its pre-crisis peak last year.

As young workers in their 20s during the financial crisis, millennials were by far the worst affected as salaries failed to keep up with inflation. Their pay fell by 11% from 2009 to 2014 before recovering some lost ground after that.

There are a number of reasons for this. Political corruption is one of them.
That corruption has brought us;

Tens of millions of U.S. jobs have been exported over the last three decades. Hundreds of thousands of U.S. high tech jobs have been outsourced to foreign workers by the H1-B visa. The difference between the old U.S. wages and the new lower wages goes straight into the pockets of the billionaires, who control the entire Republican Party, and most of the Democratic Party representatives in the U.S. Senate and House of Representatives.

Wall Street Senator Ron Wyden is a perfect example of a Democratic party politician who serves the billionaires in their war to redistribute income and wealth from the 99 to the 1 percent. Currently, depending on whose sources you use, the 1 percent steal anywhere from 24 to 38 percent of the total income produced yearly in the United States, up from 8 percent in 1980. That leaves the 99 percent with only 62 to 76 percent of the total yearly income produced in the U.S., down from 92 percent in 1980.

Nowadays, three people (Jeff Bezos, Warren Buffett, and Bill Gates) own more wealth than the bottom 50 percent of United States citizens.

The financial game is rigged folks, both major political parties are rotted with corruption to the core. The corporate wing of the United States Supreme Court is rotted with corruption to the core.

The last bastion of financial defense and defense of uncorrupted democracy for the people of the United States is the progressive wing of the Democratic Party, represented by folks like Bernie Sanders and Elizabeth Warren. The progressives get most of their campaign money via small donations. That wing of the Democratic party is the last best hope for uncorrupted democracy and leveling the financial playing field in

America.https://www.theguardian.com/money/2019/feb/03/millennials-pay-still-stunted-by-financial-crash-resolution-foundation

 

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Bernie Sanders announced he is running to be the Democratic Party nominee for United States president in 2020. The billionaires who control the national news media immediately began the negative coverage of Sanders.

The New York Times, for example, immediately published a story about how incompetent the Sanders campaign had been in getting its message out to African-American voters.

CNN broadcast a story about how it will be more difficult for Sanders to win the nomination in 2020 than it was in 2016. The argument is that Sanders is now running against women, suggesting in the process that Hillary Clinton, the most politically powerful female in US political history, was not a woman. Or perhaps the folks at CNN decided to overlook the fact that Clinton was and still is a woman, who raised more money and received more votes while running for president than anybody in United States and perhaps world history.

Expect more negative stories and broadcasts about Sanders. The billionaires and Wall Street executives fear Sanders more than any other candidate, with the possible exception of Elizabeth Warren.

Expect Joe Biden to become the billionaire/Wall Street Democratic candidate and to enter the race relatively soon. The big money will be behind Joe, as well as the corporate news media. We can expect no less from the billionaires in the race to put a man or a woman of the people in the white house. They will try to stop Sanders, Warren, or any progressive, for that matter.

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The New York Times and MSNBC are flagships of Democratic Party control, along with other news outlets. The Republican Party wields similar control over such outlets as the Wall Street Journal and Fox News. Wall Street exercises massive influence over all of the above. And Wall Street does not want somebody to become president of the United States. Elizabeth Warren is that person.

Warren is one of the most pro-99 percent members of the United States Senate, along with Bernie Sanders, Jeff Merkley, Sherrod Brown and a few others. Alexandria Ocasio-Cortez us her closest competitor in the U.S. House of Representatives in this regard.

The last thing billionaire Wall Street executives want is a president who will put an end to their corruption of US politicians, end the production of legislation that redistributes income from the 99 percent to the billionaires, and put an end to the massive corruption of the corporate wing of the United States Supreme Court.

That is why the Wall Street controlled Democratic National Committee (DNC) and its political weapons of mass misinformation, such as the New York Times, are focusing all of their attention on Warren’s youthful claim of thirty-three years ago that she had Native-American ancestors, which Warren’s DNA test verified six months ago. The intent of this is to discredit and ridicule Warren as a presidential candidate. The real issues, such as income and wealth inequality and the legislation that has brought this about via the massive corruption of all three branches of the United States government, are not being mentioned, and deliberately so.

Warren is one of the very best candidates for president the 99 percent and uncorrupted democracy could have and the worst for the billionaires of Wall Street. For example, Warren is the sponsor of the Anti-Corruption and Public Integrity Act. Some of the features of this legislation would eliminate even remote possibilities of corrupting lawmakers and that is a scary prospect for the billionaires of Wall Street who count on that corruption to be able to get richer at the expense of everyone else. A few of the provisions of the legislation are below and notice the corporate news/propaganda outlets are deliberately not mentioning them.


Warren’s legislation would ban individual stock ownership by Members of Congress, Cabinet Secretaries, senior congressional staff, federal judges (such as the corrupt corporate wing of the United States Supreme Court), White House staff and other senior agency officials while in office. Prohibit all government officials from holding or trading stock where its value might be influenced by their agency, department, or actions. It would also:

• Apply conflict of interest laws to the President and Vice President through the Presidential Conflicts of Interest Act, which would require the President and the Vice President to place conflicted assets, including businesses, into a blind trust to be sold off.

• Require senior government officials and White House staff to divest from privately-owned assets that could present conflicts, including large companies and commercial real estate.

• Apply ethics rules to all government employees, including unpaid White House staff and advisors.

• Require most executive branch employees to recuse from all issues that might financially benefit themselves or a previous employer or client from the preceding 4 years.

• Create conflict-free investment opportunities for federal officials with new investment accounts managed by the Federal Retirement Thrift Investment Board and conflict-free mutual funds.

All of these provisions would help ensure the restoration of uncorrupted democracy in the United States, but the badly corrupted corporate news media would rather have you focus on other issues while attempting to discredit the author of the above provisions. Corruption clearly extends beyond easy purchases made in the political markets.

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Elizabeth Warren announced yesterday that she was forming an exploratory committee to determine whether or not she should make a run for the United States presidency.

Meanwhile, as of last week, former Wall Street Senator Claire McCaskell has been making the rounds on national television shows to voice complaints against newly elected United States Congresswoman Alexandria Ocasio-Cortez of New York. She does not mention Ocasio-Cortez by name. Claire simply alludes to her existence, and she is very critical of what that existence stands for. As a Senator, McCaskell’s voting record shows she was clearly controlled by Wall Street money. For example, McCaskell successfully co-authored a bill that rolled back regulations on Wall Street investment firms. Ocasio-Cortez is against relaxing regulations against Wall Street.

This suggests the Democratic Party Leadership, which Wall Street controls, is using McCaskell as a high profile figurehead in its attack against the progressive insurgency within the Democratic Party. Ocasio-Cortez is the most visible member of the progressive wing in the US House of Representatives. Elizabeth Warren is another high profile progressive, and perhaps the most anti-Wall Street of the bunch.

Much like Warren, Cortez campaigned on issues such as the $15 minimum wage, Medicare for All, free college for all, and the rest of the Bernie Sanders platform. McCaskell was against all those things, all of which would cut into corporate and Wall Street profits if enacted.

McCaskell had the audacity to suggest progressive politics was a vote-losing strategy, and this is why the Democratic Party has been losing elections at all levels of government for over a decade. In reality, more and more grassroots Democratic Party voters realize the party leadership is controlled by Wall Street, and the party has abandoned its progressive past, which is represented by such historic legislation and programs as the New Deal, social security, minimum wages, shared prosperity, etc…. This is why Democrats have lower turnouts and have lost so many elections. The party has not represented working people for four decades. McCaskill is a perfect example of this.

While Missouri citizens voted McCaskell and her Wall Street agenda out of office last November, 68 percent of them voted to increase the state’s minimum wage. The initiative was heavily supported by small business owners.

McCaskell may be voicing her own opinions, but it is just as likely that she is being used by Wall Street controlled Democratic Party leadership as a spearhead in their war against the progressive movement within the Democratic Party. This may not only be the beginning of the war against Ocasio-Cortez, but part of a grander strategy leading up to the conclusion of the 2020 presidential election.

Several progressive Democrats are reportedly looking at that election, which a progressive should easily be able to win if that candidate can get through the Democratic party primary. Besides Warren, Vermont’s U.S. Senator Bernie Sanders and Oregon’s U.S. Senator Jeff Merkley have also been mentioned as possible candidates.

Wall Street’s opening shots in the war of words, lies, and smears have likely been launched against the progressive movement with McCaskell’s December tour of news shows. The billionaire owned and controlled corporate news media will close ranks behind Wall Street’s point-of-view, which means it will paint progressives as negatively as possible while attempting to create a false impression of impartiality, just like when Bernie Sanders ran for president against Wall Street’s chosen candidate, Hillary Rodham Clinton.

This suggests the battle for the soul of the Democratic Party has begun in earnest and in preparation for the 2020 presidential election. Expect Wall Street’s favorite, Hillary Clinton, or Joe Biden, to be the Wall Street Democratic party presidential candidate choice.

As for Elizabeth Warren; she could and should be the first female president of the United States in 2020.

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