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The civil war for the soul of the Republican Party may only grow more bitter.

The Tea Party-establishment battle has wreaked havoc on the party establishment for over a half-decade. The rise of Trumpism — nationalist, populist, at times racist — further scatters any chances of party unification following the most toxic presidential campaign in modern history.

“It’s not going away, it’s going to have major implications, and it is a giant cry in the dark,” said Rep. Mark Sanford (R-S.C.), a hardline conservative who doesn’t like Trump but has promised to back the nominee.

“I don’t think [voters] are far from the pitchforks level of frustration. … What exists in the political marketplace these days is dynamite, nitroglycerine, it’s extremely explosive and can go many different ways,” he said.

The establishment is greatly at odds with the Republican base. 85 percent of Republican voters are against trade agreements. Those agreements redistribute income from the 99 to the 1 percent. Trump railed against these scams. And so now the establishment is at odds with its base and its soon-to-be president.

The establishment has problems with the Koch Brothers Tea Party, and both have serious problems with Trump and the base.

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Federal Reserve Chairman Janet Yellen announced Wednesday, December 16 that the Fed will raise short term interest rates by .25 percent. That means interest rates are going to rise for the 99 percent; from 15 to 17 percent on credit cards, for example. Home mortgage rates, car loans, home equity credit lines, and student loans, among other loans, are going to rise. Home mortgage loans will rise from about 3 percent to roughly 5 percent.

Yet there are no signs of an inflationary spiral, which would in theory spur the Fed into raising rates, which is one of its falsely stated goals. Then there’s high (but not too high) employment, another cherished and false goal of the Fed. For the last six years the US economy has been creating less jobs every year (and with declining wages) than occurred under that alleged dreadful president, Jimmy Carter, whose four years as president also included rising real wages. Carter did this with an economy and population about half of today’s economy.

Preliminary indications are that the US is headed toward a recession deeper and longer than the last one, and we should arrive there somewhere between seven and seventeen months from now. The Fed’s actions exacerbate these indications by redistributing income from the 99 to the 1 percent, curtailing demand, and hurting the economy, such as a US durable goods sector that is clearly in recession. So what gives? What is the Fed up to?

Despite false statements to the contrary, the Fed actually has pretty much followed only two goals throughout its history, and its latest move is a classic example of this. One goal is to protect the profits and share prices of the big banks, and number two is to protect wealthy investors from their own bad investment decisions. Everybody else is expendable when the Fed undertakes its responsibilities. In other words, the 99 percent is expendable, and often the victims, of the Fed’s actions on behalf of its unstated goals, which is to financially protect the rich.

And so in this most recent Fed action, the Fed is doing its first duty; increasing the earnings and share prices of the big banks at the expense of the 99 percent, which makes it seem, quite accurately, that the relationship between the Fed/Big Banks and the 99 percent is akin to parasites unto their hosts.

Your higher credit payments are going toward greater bank profits, which will provide rising dividends to rich shareholders. Share prices might and should rise, at least in the short term. This is pure income redistribution, and the corporate propaganda network wants you to believe the Fed’s increase in interest rates is to stabilize the economy, or limit non-existent inflationary pressures, or who knows what. But the last thing the corporate press wants you to know is that more of your income is being redistributed by the US Federal Reserve Bank to the rich via higher bank profits, rising shares, and soaring dividends. The rich are going to get richer, and you are going to be more poor.

The ten biggest US banks have many things in common, and one of them is declining share prices since last summer. Clearly, the Fed’s action is intended to reverse the decline.

The ten biggest US banks are:

1 JP Morgan Chase
2. Bank of America
3. Citigroup
4. Wells Fargo
5. US Bancorp
6. Bank of New York Mellon Corporation
7. PNC Bank
8. Capital One
9. HSBC North America Holdings
10. TD Bank US Holding Company

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A friend on the political right wrote me about my support for Bernie Sanders for US president. My friend had some objections about Senator Sanders positions. So I wrote the response below. I should also like to point out that Bernie is a US senator from Vermont, where large pockets of conservatism flourish, and Republicans are elected to statewide offices. Yet Bernie continues to win election after election, campaigning mainly on bread and butter issues.

Anyway, below is my reason why everybody should vote for Bernie, regardless of their political ideology.

“…the Democratic and Republican Party leaderships, and the big money that controls them, also controls the levers of political power. I am against any candidate supported by the leadership of either major political party. That’s why over the years I’ve been a supporter of such diverse independent minded politicians as Ron Paul, Pat Buchanan, Ralph Nader and Bernie Sanders. Besides, it doesn’t matter what Bernie wants, what matters it what he can achieve as president. If Bernie becomes president, with both houses of congress likely to be controlled by the twin party leadership, Bernie will likely only be able to limit their damage to the middle class in terms of economics.”

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With the help of the corporate news media, which can better be described as the corporate propaganda machine, the Democratic and the Republican leadership rip the grassroots of both parties apart and against each other by inventing social issues, while raping the grassroots of both parties financially on behalf their billionaire and millionaire benefactors.

The Trans Pacific Partnership (TPP) and Fast Track Authority are classic examples of how the leadership of both political parties team together in their financial rape of the 99 percent.The Federal Reserve estimates the TPP will cost four to five million US jobs. The difference between the old higher US wages, and the new lower overseas wages, will go straight into the pockets of the 1 percent via higher corporate profits, dividends and share prices. That money will be stolen straight out of the pockets of working Americans and redistributed into the already fat bank accounts of the 1 percent, much of which will find its way into the pockets and campaigns of the Democratic and Republican party leadership. The local and state tax dollars paid by the jobs losers will no longer support schools, police, fire, road maintenance and much more. In other words, the TPP will rape our schools and other public services.

The TPP will also steal money that should go to the social security trust fund because the rich only pay social security taxes on the first $118,000 of their income. Worse yet, the TPP will force China to manipulate its currency even more than is already the case, costing the US millions more jobs than the Federal Reserve estimates. This manipulation of currency will compel US corporations to ship more jobs overseas because Chinese currency manipulation increases the profits of those who manufacture in China. (See Four Graphs that Will Make You Boiling Mad About the Trans Pacific Partnership–Or Why President Obama, along with executives from Nike, Microsoft, Apple and other US corporations Steadfastly Support China’s Currency Manipulations–JohnHively.wordpress.com).

In other words, the TPP has been negotiated specifically to redistribute income from the 99 to the 1 percent, and since 2009, the 1 percent has stolen 95 percent of all US income growth. Their share of the total national income has risen from 8 percent in 1980, to 21 percent in 2008, to 37 percent in 2015.

The TPP has also been negotiated to undermine US laws and democracy.

Hillary Clinton has stated publicly on 45 occasions that she is for the TPP. All of the Republican candidates are for it. Bernie would veto the TPP if he was president. Ergo, damage to the vast majority of US citizens would be limited.

Here’s something to think about. Opposition to the Trans Pacific Partnership brought together unusual allies, such as the John Birch Society, the Tea Party, Black Lives Matter, and the AFL-CIO. We need more, not less, of that kind of cooperation among US citizens. Bernie understands this, and his candidacy is encouraging this. That’s precisely what the leadership of both political parties and their billionaire benefactors don’t want: Americans of all colors and political persuasions united together in opposition to the billionaire class and their complete corruption of the US government for their own ends.

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By Ann Galland of the Boston Globe March 22, 2015

“Less than three years into her Senate term, Massachusetts Senator Elizabeth Warren has established herself as the country’s leading advocate for working and middle-class families. The Democrat has proven equally adept behind the scenes and in the media spotlight, and has stood up to Wall Street banks and other powerful interests to win changes that are improving millions of Americans’ lives. Already, more than one observer has compared her to Massachusetts’ first “liberal lion” in the US Senate, Ted Kennedy.

Some leading Democrats say that’s a great argument for Senator Warren to stay put — and not run for president.

I’d argue they’re wrong. Warren should run. Our country will be better off if she does. She would be a strong candidate — one who injects valuable ideas into the conversation and ensures the kind of debate our country needs. And she could win.

Put simply, this moment was made for Elizabeth Warren. With income inequality at its highest level on record, and corporations and lobbyists wielding enormous power in Washington and state capitals around the country, we need a president who is firmly grounded in making government work for regular people. Senator Warren has spent her career taking on corporate interests and winning historic financial protections for workers and small businesses. She’s not only been critical of lobbyists and powerful financial firms, but has even taken on President Obama on occasion.”

Gallard has an interesting argument here, but she doesn’t come right out and say the truth 100 percent, although she strongly alludes to it. And that is this; the likely Democratic Party candidate is going to be Hilliary Clinton, a 100 percent representative of Wall Street and the rest of the 0.01 percent. Clinton will likely spout words about how the rich getting richer at the expense of everybody else is bad for the nation and bad for the economy, but she is a puppet of the 0.01 percent, and so quite naturally, if elected president, she won’t do anything about it. In fact, she’ll likely continue the policies of recent Democratic and Republican presidents and continue to support policies that will redistribute income and wealth from the 99 to the 1 percent. Virtually any Republican presidential candidate will do the same thing.

If a nation is all of its people, and its laws and culture, then we need Elizabeth Warren to run for president.

For the rest of Galland’s engaging piece, click the link below.

Run! Elizabeth! Run! — The Boston Globe

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By Scott Galindez of Readersupportednews.org

It was the 2nd day of a three-day trip to Iowa for Senator Bernie Sanders. A student at Drake University asked Bernie, during a Town Hall meeting, “Are you going to run for President?” Bernie started out with his usual response. “I love Iowa, but not enough to just visit and give a bunch of speeches in the middle of winter. I’m considering running for president …” Then came one of those moments that might be the turning point in the senator’s possible campaign.

“Let me throw that back to you, do you think there is the support in this country?” Person after person rose and said the support was there. Bernie said he needed an unprecedented grass-roots movement to do it right. Bernie continued to ask the crowd if the American people were ready to take on the billionaire class.

Click on the video below for more of the story.

Bernie Sanders: “I’m Prepared to Take On the Billionaire Class”–Readersupportednews.org

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Video: Why Elizabeth Warren Should Run For President

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