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Showing posts with label Rubinomics. Show all posts
Showing posts with label Rubinomics. Show all posts

Nov 24, 2008

Bill Clinton's third term proceeding

Here's a SO'W-recommended link to audio of Matthew Rothschild's commentary, Welcome to Bill Clinton's Third Term concerning Barack Obama's new econo-team, if you'd like to have a listen.

(How many branches does the Rothschild tree have?)

My guess is that certain political strategists are depending on the American people to think: Clinton-90s-prosperity.

But didn't that horse leave the barn round the time Robert Rubin 'banished' the term corporate welfare from the dictionary?

The crazy thing is, if Barack Obama serves a full term and prospects look up or begin decidedly to look up (which speaking astrologically is dubious for some time to come), then he'll be hailed a mastermind for channeling Bill & friends.

Otherwise? Not so much.

~:~

You may wish to scroll down for more of today's economic grumpiness from this, your reluctant astrologer.

Plus, Jude Cowell Art has been updated today with a drawing entitled, Scorpio Girl, along with econo-grumps and ideas for your consideration.

Obama's Rubinomics folly

After reading Citigroup is dead and its round-up of authors on the subject, I know more about Robert E. Rubin (Clinton administration economic guru) than I wish I had to know.

And it seems Barack Obama, who named his economic team today and said that he had sought leaders with 'fresh thinking,' may be on the same old Rubinomics track, a financial formula that fueled the prosperity of the 1990s, but is not sufficient now with its misdirected focus on financial deregulation which has, turns out, helped fuel bankruptcies and bailouts in 2008 and beyond.

All of Obama's economic gurus are Rubin associates and acolytes. And all are members of the Council on Foreign Relations, some are members of the Trilateral Commission, and a few are in the Bilderberg Group.

I bring this up once more because if they didn't know how derivatives and other squirrelly financial practices were going to play out for the US economy and the American people, then I must be a monkey's aunt.

Now you know that Robert Rubin, former secretary of the Treasury, is an influential executive and director of...wait for it...Citigroup. Rubin's m.o. is to be around when he wants to be, then conveniently disappear when feathers hit the fan.

And watching this morning's TV performance by Bush and Paulson on the steps of the Treasury building you could, with a mere smidge of imagination, see the feathers floating down around their tone deaf ears as the lame duck quacked about 'safeguarding' Citigroup - with taxpayer money. More corporate welfare!

Which reminds me of a quote from Justice Earl Warren:

Many people consider the things which government does for them to be social progress, but they consider the things government does for others as socialism.

Now you may tar and feather me with the that's you brush for mumbling 'corporate welfare', yet I think the truth within the quote refers more closely to Paulson's massive aid to Wall Street over Main Street. Helping we-the-people is 'socialism' say the Republicans...if it is in 2008, it's because it's social, not because the commies are coming.

(Considering the room at Skull & Bones headquarters with all its Nazi memorabilia, I'd say the commies are already among us and in control.)

So President-elect Obama announced his plan for a huge stimulus package to shock the country's financial system into life, but one must wonder if he's about to lay one huge egg.

Hope not. It's difficult to see how Obama's ideas and plans could be worse than Dubya's, but we'll see. The markets are up now, last I checked, since BHO's economic announcements at noon.

And now one more quote from Barry Goldwater...a cautionary comment for us all:

A government that is big enough to give you all you want is big enough to take it all away.

Don't look now, little pigeons, but that's just what they're up to.