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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It is great to see that you are getting Ron Paul's message about the corrupt Federal Reserve. Mittens Romney is anything he needs to be to get elected. Any one for liberty will be for Ron Paul
I don't know about anyone else, except our close aquaintances, we are having a difficult time adjusting our thinking, away from Gov. Palin. I listen to the debates and so far have not found any one candidate whom I believe can put our nation back on the right path. I worry the media will do as 2008 and shove a particular candidate in our face. I keep wondering why they have not seen the light when it shines so brightly on Obama's hate for America, from day one. We must defeat this Socialist but with whom? So far I lean toward Newt or Cain.
I agree with Hillbuzz. Anyone but the two frontrunners that have been force-fed us, Mittens or Ricky Perry. All of them, including Paul, are imperfect. The media wants Republicans to pick Mittens. I am also glad that you are referring to Paul as a front-runner. He is. The latest polls show him 2nd in NH and 3rd in Iowa.
Until the primary elections are over, I think the battlecry of the resistance should be, "Anyone But Mittens!" Once the primaries are over we can switch to "Anyone But Dear Leader!"
But for now, it is imperative that we put the nail in the coffin of this Chameleon, Cockstail Sipping, Crony, Big Government RINO's campaign.
ANYONE BUT MITTENS!
The primary race is going to whittle down to Romney and Anyone but Romney. The ABR candidate must be able to go over the heads of the MSM and get his/her message out to the people, much as Reagan did. Mittens will be cloaked in soft cushiony protection the days leading into the big primaries. The ABR candidate will be ripped to shreds. The ABR candidate must be strong and expert at handling the MSM.
I am using the process of elimination and many of the candidates come up short in what it will take to defeat Mittens in the primary. Even more come up short when I look ahead to the general. These are scary times for our Republic.
Do you talk to folks about the outragiuos conflict of interest in the Lame Stream Obama media. MSNBC has the wife of former Fed..Researve Chairman Alan Greenspan (Andrea Mitchel) as their cheif political reporter, she held this position even when her hubbie held the office. Then their is Bubbles Mica Bryzinski-daughter of Jimmy Carter's national security advisor Zeibnew Bryzinski. And of coure their is Christian Amanpour at CNN, who is married to a Cuomo-son and brother to two N.Y. Governors. Fox News does not have these rediculous conflicts of interest. And they seem to hire women for their brains and own accomplihment not because of who their relatives are.
We must fight with our checkbooks, and make donations to the other candidates to defeat Romney. I'm on board the Cain train, and will be focussing there. Give to whom you believe in, but we've got to stop Mittens.
How can you be sure Cain will fight for what he says he will fight for? Bachmann and Paul have the proven record in that respect.
Since I’m a RAAAAACIST, the only reason I want to vote for Herman Cain is because he’s black.
Actually, I love the fact that he understands how government strangles business and drags down the economy. And I find him very likable, and I enjoy how good he is at making the race pimps on the Left reveal themselves as the screeching bigots that they really are. So, yes, I enjoy Herman Cain for the entertainment value of watching Leftist heads explode. (Same with Sarah Palin–she’s not my choice on all the issues, but I love the exploding-Leftist-heads superpower she has.)
But again — Barack Hussein Obama was a completely unqualified America-hating Marxist with no experience in the private sector.
I think it would be perfectly acceptable to replace him with a qualified America-loving capitalist with no experience in the public sector.
There are only two. presidential candidates who fought Obama's corrupti cronie capitolism with their actions not just words: Rep. Michele Bachmann and Rep. Ron Paui. I became a republican because of the Tea Party movements, who's catalyst was the Bush bailout-supported mostly my democrats who controled the house and senate in 2008 when the dirty money started bein g passed out to cronies.
Michele Bachmann has had to face the outragious misogyny that any woman who makes it on her own and is courageous and moral has to face (like Sarah Palin.) She has done so much more than talk, she has acted and taken all the heat and hate for her aggressive fight against cronie capitolism in both parties. Ron Paul has fought hard too. He has many great ideas and if he is the nominee I would proudly vote for him in the general election.
I know that you support Hermain Cain Kevin. Cain is a wonderful and moral man from what I can see, but what I can't see in him is a record of fighting corruption. It is difficult to vet a bussiness man. How can I be sure that when in power Hermain Cain will fight for the things he promises he will. As for Bachmann and Paul, I have all the evidence I need.
I would be thrilled with Ron Paul, Gary Johnson, or Herman Cain. I don’t agree 100% with any of them. But each is spectacularly better than Obummer, Mittens Romneycare, or Rick “I Heart Illegals” Perry.
And I truly believe that Ron Paul is the only one who has a real plan to balance the budget and fix the economy–AND the guts to implement it.