Mitt Romney, Wall Street and the Federal Reserve: Crony Capitalism On Parade
My dad has a quaint saying that he picked up while he was serving on the aircraft carrier U.S.S. Forrestal: “Money Talks and Sh*t Walks.”
So, what does the money say about Cocktail Party Establishment pick Mittens Romneycare–annoined the “frontrunner” by the Government-Controlled Media? And, by way of contrast, what does it say about GOP Frontrunner Ron Paul, whose media coverage blackout is so comically biased that it inspired a segment on The Daily Show and a three-day “Black This Out” fundraiser?
A recent independent analysis of fundraising by OpenSecrets.org reveals an interesting contrast between the employers of the top 3 sources of campaign contributions among the Top Tier candidates (yes, Ron Paul is #3 in fundraising among all GOP candidates–betcha didn’t read that in the Government-Controlled Media.)
Mittens Romneycare’s top contributors are employees of Goldman Sachs, recipient of over $3.8 billion in U.S. taxpayer bailouts, Credit Suisse Group (recipient of $287 billion in secret bailouts from the Federal Reserve), and Morgan Stanley, recipient of at least 31 secret loans from the Federal Reserve totaling billions of dollars.
Mitt Romney's Top Contributors
Mittens Romneycare is the status-quo choice of some of Wall Street’s worst offenders when it comes to sucking bailout money out of the pockets of U.S. taxpayers. Is it any wonder why the Government-Controlled Media is shoving this horror show of a candidate down our throats, while at the same time, gifting the Soros-Funded OWS Pee Party with 24/7 wall-to-wall “news” coverage?
It’s a SETUP, people.
The Government-Controlled Media is building up Mittens Romneycare knowing full well that it already has all the ammunition it needs to tear him right back down, using the Pee Party Pro-Testers complaints against Wall Street as “proof” that Mittens Romneycare is an evil, corrupt crony capitalist. (Which, incidentally, he is.)
GOP Frontrunner Ron Paul gets more donations from active-duty military than all other candidates combined. Photo H/T SpeakupUSA.com
In contrast, GOP Frontrunner Ron Paul’s top three groups of campaign contributors work for the U.S. Air Force, U.S. Army, and U.S. Navy.
Let me say that again. The top presidential candidate of members of our active-duty military is GOP Frontrunner Ron Paul. He beats ALL GOP candidates AND Barack Hussein Obama (who, incidentally, is not a Muslim.)
GOP Frontrunner Ron Paul has made a career fighting against federal government corruption and cronyism–particularly at the Federal Reserve. Most Americans think the Federal Reserve a government agency. But it’s actually a privately-owned central bank.
The Federal Reserve is allegedly supposed to regulate the value of the American dollar, and prevent booms, busts and bubbles. Like the mortgage bubble that has been destroying the U.S. economy for the past several years. But in reality, it’s simply a massive slush fund that facilitates massive corruption and intergenerational theft. It’s a tool of members of the Ruling Class like Barack Hussein Obama and Mittens Romneycare, whose campaigns are funded largely by banks whose employees sit on the board of directors of the Federal Reserve, as reported by ABC in a random act of journalism:
…the Federal Reserve consulted with [Obama donor] General Electric on the creation of a commercial paper funding facility and then provided $16 billion in financing to the company while its chief executive, Jeffrey Immelt, served as a director on the board of the Federal Reserve Bank of New York. Immelt is now President Obama’s “jobs czar.”
JP Morgan Chase could also have benefited from its chief executive Jamie Dimon’s position on the board of the Federal Reserve Bank of New York, according to the GAO. The bank received emergency loans from the Federal Reserve at the same time it served as the clearinghouse for the Fed’s emergency lending program.
The Federal Reserve gave JP Morgan Chase an 18-month exemption from risk-based leverage and capital requirements in 2008, the same year that the Fed gave it $29 billion to acquire Bear Stearns, according to the GAO.
Mittens Romneycare and Barack Hussein Obama are both cut from the same cloth. A Mittens Romneycare victory in November 2012 would be a continuation of the same crony capitalism that has bankrupted America and given real free-market capitalism a black eye.
So is it any wonder that the Government-Controlled Media (98% of whom are Democrats) gives Mittens Romneycare the label of “frontrunner” while giving GOP Frontrunner Ron Paul the least coverage of any candidate overall, according to the Pew Research Center?
Even GOP Frontrunner Sarah Palin supports Ron Paul in his bid to audit the Federal Reserve.
Once you understand the origins of the Federal Reserve, how the Fed benefits members of the Ruling Class like Barack Hussein Obama and Mitt Romney, government bailouts of top Democrat fundraisers on Wall Street, and “mainstream media” coverage, you get an entirely different picture of the GOP primary process.
Handpicked media darling Mittens Romneycare stands for the status quo–more bailouts, more crony capitalism, more Cocktail Parties. GOP Frontrunner Ron Paul want to slash the federal government’s budget by $1 trillion in his first year in office, end the Federal Reserve, and end the bailouts. And vastly different media coverage of both candidates is a direct reflection of this.
Learn more about the Federal Reserve here:
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