No, I don't see Obama as corrupt. A President (almost) always wants to win a second term in office
All those that want to criticize US defense initiatives of all kinds, especially those in Asia, who will protect the world from potential chaos if the US loses it's grip on geopolitical dynamics, and the world becomes an open place for all sorts of escalating and conflicting agendas?
If Obama is not corrupt, can you explain for one of many things, his complete lack of action against the individuals and institutions which caused the GFC? In many other countries they would have been given the death penalty.
I'm just speeding through your posts and....are you actually implying that the US has any interest whatsoever in protecting the world from anything?
Are you implying that US politicians (the very same ones who get millions of dollars of corrupt money from the defense contractors they give funding to, not to mention every other lobby group that comes knocking) are somehow moral and just?
I just don't understand where you are getting these assumptions from. Mate, all but maybe half a dozen US congressmen (and women) deserve the death penalty.
I use the term 'banker' loosely to mean all those powerful groups of corporate and banking 'executives' and co. that want to control the world, the people in it and the world's economies, by for example irresponsibly and deliberately issuing more and more debt to pay for existing and future debt (and knowing: 1.that this model will not work, 2. this will further burden the middle classes which would mean that the international bankers will to some extent be able to control them especially at a crucial time).
President Obama is not corrupt. Obama, like the rest of us, are a part of a faulty system on many levels. Fiat currencies, perpetual debt, too much credit (and not enough revenue to pay for it) are just some of the problems that spring to mind. There are a lot more.
Most definitely, the US (The President, defense services of all kinds etc) does have a real interest in protecting the world from all kinds of serious harm. Here's a question for you; let's say the US wasn't in control of geopolitics around the world or didn't oversee the world the way it does, which country would look after us in the West and East? There is no other country that has the expertise, will and resources to oversee geopolitical events (current and future ones).
Congressmen don't deserve the death penalty! I don't know why you would suggest this! I don't have a very good opinion of congress and other organizations, like shadow banking cartels. Not talking about the local bank in town.
In other words, ask yourself why there was never a WWIII, and the answer has to be because the US and its allies (and there are plenty) kept on preventing this from ever happening. Now ask yourself what a world without global oversight would look like.
Now I probably wouldn't last three days in a military training camp, for example, and I'd probably get beaten up because I'm probably too annoying. But I'm sure glad that I can live a relatively comfortable life not worrying about serous global threats every ten minutes; I'm thinking of Jack Nicholson in a Few Good Men here and what he said to Tom Cruise while they were having lunch outdoors. Only Nicholson could pull that off like that!
I will not disagree with your assessment under the assumption that he a genuine politician, however I will claim that the office of the president of the United States has significant power (especially after all the Bush era laws), and if Obama had the will, he could have done a lot to put the people who caused the GFC in jail.
And yes there was a 20 year credit bubble, but I don't see this as a reason to not hold people accountable. Get Greenspan and put his old **** in a maximum security jail for starters.
My counter-question is who really cares? Why do you think the USA (either people or politicians - genuine or corrupt) care about the rest of the world? You seem to think they have some sort of a moral agenda to save the world....nothing could be further from the truth.
What would a world look like if USA and co were neutral? There would be a lot less debt and "terrorism" in the OECD.
I would argue the opposite. Our lives would be far more comfortable and safe if all our respective countries were like Switzerland.
This statement is as true as ever.I would just like to comment that Obama was elected to fix the faulty system.
And he as I (and many others) have found that when you try to solve a problem(in his case many) that there are a number of people in powerful position will not let you have space.
There is a unwritten code that says "you will not change the system", even if the code is corrupt.
Thats they way it is I am afraid.
There is of course, no guarantee that Omaraova will get what she wants, but the fact that there has been no stink kicked up by the Republicans shows they don't think of the idea as a problem.This month, the Vanderbilt Law Review published a 69-page paper by Saule Omarova, President Biden’s nominee to head the Office of the Comptroller of the Currency (OCC), the Federal regulator of the largest banks in the country that operate across state lines. The paper is titled “The People’s Ledger: How to Democratize Money and Finance the Economy.”
The paper, in all seriousness, proposes the following:
(1) Moving all commercial bank deposits from commercial banks to so-called FedAccounts at the Federal Reserve;
(2) Allowing the Fed, in “extreme and rare circumstances, when the Fed is unable to control inflation by raising interest rates,” to confiscate deposits from these FedAccounts in order to tighten monetary policy;
(3) Allowing the most Wall Street-conflicted regional Fed bank in the country, the New York Fed, when there are “rises in market value at rates suggestive of a bubble trend,” such as with technology stocks today, to “short these securities, thereby putting downward pressure on their prices”;
(4) Eliminate the Federal Deposit Insurance Corporation (FDIC) that insures bank deposits;
(5) Consolidate all bank regulatory functions at the OCC – which Omarova has been nominated to head.
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