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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsBILLIONAIRE PENNY PRITZKER BREAKS INTO OBAMA'S CABINET!
BILLIONAIRE PENNY PRITZKER BREAKS INTO OBAMA'S CABINET!
Greg Palast
The last time Penny Pritzker reached out to the business community was to sell them sub-prime mortgage securities, worthless bags of financial feces manufactured by Superior Bank.
You made fun of me when I suggested that President Barack Obama would nominate a confessed bank scammer, a loan-sharking mortgage predator, to his cabinet. But thar she blows!
Today, Obama has named Penny Pritzker Secretary of Commerce. As the President says, It's a milestone: the first female fraudster to hold that post. No longer will criminal bankers have to lobby the administration - because now they'll have one of their own in the Cabinet.
The following is taken from the Chapter, "Penny's from Heaven?" you'll find in my bestseller, Billionaires & Ballot Bandits. [Get a copy, I'll sign it, and you send it to the President.]
We never heard of this guy Barack Obama until 2004. Less than three years before taking the presidency, he was in the Illinois state senate, a swamp of scammers, backhanders, and party machine tools - not a stellar launch pad for the White House. And then, one day, state Sen. Barack Obama was visited by his fairy godmother. Her name is Penny Pritzker.
Pritzker's net worth is listed in Forbes as $1.8 billion, which is one hell of a heavy magic wand in the world of politics. Her wand would have been heavier, and her net worth higher, except that in 2001, the federal government fined her and her family $460 million for the predatory, deceitful, racist tactics and practices of Superior, the bank-and-loan-shark operation she ran on the South Side of Chicago.
Superior was the first of the deregulated go-go banks to go bust - at the time, the costliest failure ever. US taxpayers lost nearly half a billion dollars. Superior's depositors lost millions and poor folk in Sen. Obama's South Side district lost their homes.
Pritzker introduced Obama, the neophyte state senator, to the Ladies Who Lunch (that's really what they call themselves) on Chicago's Gold Coast. Obama got lunch, gold and better - an introduction to Robert Rubin. Rubin is a former Secretary of the Treasury, former chairman of Goldman Sachs and former co-chairman of Citibank. Even atheists recognized Rubin as the Supreme Deity of Wall Street.
Rubin opened the doors to finance industry vaults for Obama. Extraordinarily for a Democrat, Obama in 2008 raised three times as much from bankers as his Republican opponent.
So what did Citibank's Rubin get for showering Obama with gold? Obama agreed to take care of Rubin's poodles, Larry Summers and Tim Geithner. They became Obama's first cabinet picks: Summers as Economics Czar and Geithner as his czarina, Secretary of the Treasury.
http://www.nationofchange.org/billionaire-bankster-penny-pritzker-breaks-obama-s-cabinet-1367591751
Autumn
(45,120 posts)rec
warrant46
(2,205 posts)Democracyinkind
(4,015 posts)But I can't articulate that interpretation without getting a hide. So you'll just have to guess...
sabrina 1
(62,325 posts)Mortgage Scandal? What Mortgage Scandal?
KoKo
(84,711 posts)PAY OFF! BIG TIME...and yes....it should be a huge scandal...and if we don't see a reaction out there from both Dems and Repugs...then we KNOW FOR SURE...WE (the PEASANTS) have been sold DOWN THE RIVER that will FEED THE TAR SANDS!
I'm so freaked out about this. If folks don't wake up realize what's going....then I know BAD TIMES ARE COMING...and it will be worse than we think...or EVER IMAGINED.
The CONCLUSION of this COMPLICITY is to dreadful to wrap head around as to HOW TO CHANGE IT! HOW? We thought we DID IT in 2008 and Clinton, Carter........Here we are...
Response to KoKo (Reply #17)
Post removed
KoKo
(84,711 posts)"The apologists on this appointment would embarrass a Jesuit."
Yes...and others..but, got your point.
byeya
(2,842 posts)pursued by Jesuit Institutions. Didn't everyone grow up RC?
Live and learn.
KoKo
(84,711 posts)friends...and I understand the ANGST...
It's "Come Together Time" ...IF we COULD manage to MAKE a DIFFERENCE!
I'd be for it...
JustAnotherGen
(31,937 posts)Juror #6 voted to HIDE IT and said: It's a personal attack and is putting the poster it is directed at in the same league with Priests that sexually abuse children. Attack ideas and words - don't pummel individuals with your own.
KoKo
(84,711 posts)L0oniX
(31,493 posts)KoKo
(84,711 posts)TOS/Juries..and the "New Reality?"
Yeah...I know...but we best not speak about it.
Coccydynia
(198 posts)sabrina 1
(62,325 posts)economies.
Are there no Progressive Democrats around anymore? We are getting Republicans and Wall St, Mosanto, Booz Allen and Third Way appointees to this administration's cabinet.
Was this what 'elect Democrats meant'?
Disgusting to see someone so directly involved in the Mortgage Scandal elevated to such a position of power.
Autumn
(45,120 posts)fuck it never mind.
sabrina 1
(62,325 posts)Seems to be the standard difference. So I suppose we are better off with someone who has one less billion or so!
So now, what do we poor plebs do next? That is the question!
Autumn
(45,120 posts)sabrina 1
(62,325 posts)I wonder how that will work in the next election. The only reason to even try again, are people like Ron Wyden and Grayson. If we could get more of them, maybe we could stop this train wreck that is destroying this country.
Autumn
(45,120 posts)zeemike
(18,998 posts)For 2016....they are probably in the fitting room right now being fitted for some new sheep skin.
<iframe width="560" height="315" src="
zeemike
(18,998 posts)Dogs
Album: Animals
Year: 1977
------
I. David Gilmour on Lead
You got to be crazy, you gotta have a real need
You* gotta sleep on your toes and when you're on the street
You* got to be able to pick out the easy meat with your eyes closed
And* then moving in silently, down wind and out of sight
You got to strike when the moment is right without thinking
And after a while, you can work on points for style
Like the club tie, and the firm handshake
A certain look in the eye and an easy smile
You have to be trusted by the people that you lie to,
So that when they turn their backs on you,
You'll get the chance to put the knife in
You gotta keep one eye looking over your shoulder
Y'know, it's going to get harder, and harder, and harder
As you get older
Yeah, and in the end you'll pack up and fly down south
Hide your head in the sand
Just another sad old man,
All alone and dying of cancer
And when you lose control, you'll reap the harvest you have sown
And as the fear grows, the bad blood slows and turns to stone
And it's too late to lose the weight you used to need to throw around
So have a good drown as you go down all alone
Dragged down by the stone
Gotta admit, that I'm a little bit confused
Sometimes it seems to me as if I'm just being used
Gotta stay awake, gotta try and shake off this creeping malaise
If I don't stand my own ground, how can I find my way out of this maze
Deaf, dumb and blind, you just keep on pretending
That everyone's expendable, and no one has a real friend
And it seems to you the thing to do would be to isolate the winner
Everything's done under the sun
But you believe at heart everyone's a killer
Who was born in a house full of pain
Who was trained not to spit in the fan
Who was told what to do by the man
Who was broken by trained personnel
Who was fitted with collar and chain
Who was given a pat on the back
Who was breaking away from the pack
Who was only a stranger at home
Who was ground down in the end
Who was found dead on the phone
Who was dragged down by the stone
Who was dragged down by the stone
JW2020
(169 posts)"It's not about the Presidency, it's about the Supreme Court!!! BLARGALE!!!" Guesswhat? That sucks too.
Autumn
(45,120 posts)"...fuck it never mind."
A lot of people are feeling that way on both sides. The parties divide us on social issues, while serving the elite.
snagglepuss
(12,704 posts)That outta be a bumpersticker. Absolutely bang on.
The HAVES care nothing about us, but ain't it funny how we have to bail out the criminals and are EXPECTED to!? Seems like sacrifice only goes one way.
I have ZERO faith in the PTB. Just empty business suits fucking the working force over. One ruined family at a time.
Skeeter Barnes
(994 posts)KoKo
(84,711 posts)against her...All Dems (except Bernie Sanders) and All Repugs.
So, the Repugs love her, too! What do you think that means.... UGH!
Skeeter Barnes
(994 posts)I try not to think of the world my two nieces will have to try to work and live in. When the Dem party is this corrupt, what else is there to stop them?
Much as I like Bernie Sanders and E. Warren, I don't think it would make any difference if they were President.
The Chamber of Commerce owns our government and they're not going to give it back.
sabrina 1
(62,325 posts)Bi-partisanship doesn't mean what you thought it meant. It means Democrats compromising on everything.
Skeeter Barnes
(994 posts)They look out for their billionaire cronies, not us.
sabrina 1
(62,325 posts)Part of the reason for the Mortgage Crisis and anti-union too. Well someone will be well-served by this appointment. Last time I heard about her, it was about whether she would be prosecuted or not for her part in the Mortgage Crisis. Always nice to know how the old Wall St profiteers are doing.
Skeeter Barnes
(994 posts)Fuddnik
(8,846 posts)His nomination for Trade Representative (the guy who negotiates the Trans Pacific Partnership) was Rubin's Chief of Staff.
The Cabinet is looking like a diseased leper colony.
Apologies to lepers.
KoKo
(84,711 posts)a "diseased leper colony"...yet it's WE out HERE who are the Lepers...and not Wall Street/K-Street and the Revolving Door between Corporate/Government/Private.
It's quite diseased...
Earth_First
(14,910 posts)What's the verdict?
sabrina 1
(62,325 posts)KoKo
(84,711 posts)No matter who we are for Race/Color/Religious Affiliation...this is an ASSAULT on those who are NOT the 1%.
We have reached a Tipping Point.....we need to wake up and MOVE!
idwiyo
(5,113 posts)forestpath
(3,102 posts)Egalitarian Thug
(12,448 posts)KG
(28,753 posts)KoKo
(84,711 posts)the secrets.
It's really bad. I was hoping Obama would bail on this doing the Bush..Harriet Miers thing.
But, he didn't and the Senate Confirmed her overwhelmingly. It's what it is...
cantbeserious
(13,039 posts)eom
Hell Hath No Fury
(16,327 posts)darkangel218
(13,985 posts)Wtf!! I was eating fish and chips!!
JEB
(4,748 posts)JW2020
(169 posts)to defend this pile of shit, Pritzker appointment. Where are they?
byeya
(2,842 posts)KoKo
(84,711 posts)Marr
(20,317 posts)They're also giving high-fives to one another over Obama's heroic, historic repeal of the DOMA. Apparently he runs the Supreme Court. Who knew.
http://www.democraticunderground.com/?com=view_post&forum=1002&pid=3101892
RandiFan1290
(6,256 posts)CrispyQ
(36,540 posts)JEB
(4,748 posts)Response to KoKo (Original post)
Post removed
madrchsod
(58,162 posts)as soon as penny`s name popped up during the campaign i knew things were not going to be what was promised.
i just hoped that things would work out for the better. but the jury is still out on the obama presidency.
KoKo
(84,711 posts)but, madrchsod...it Sure isn't Looking Hopeful...these days for the next long over 3 years of Obama Administration.
Some still hope he will WAKE UP...Yet...Others THINK he's Doing JUST FINE....
Sort of a SPLIT THERE...
Waiting For Everyman
(9,385 posts)Coming after all the other bad appointments, it is an overt slap in the face. Unconscionable.
There's only one issue to me now -- obscenely extreme wealth. It must be stopped, any way we can. Anything that cuts down on what goes to the top .1% is what needs to be done. It's that simple. I don't see how anything else can be achieved without that first. These private demi-gods have to be shrunk back down to a more human scale. Of course that goes for the oversized corporations too.
CrispyQ
(36,540 posts)This ^^^
I can hardly stand to look at him anymore. I used to want to smack the smugness off of Bush's face, when I saw his image, but when I see Obama, I just seethe. And the fact that damned near the entire party voted in favor, just like the repubs, well, there it is, the brick wall.
The illusion of freedom will continue as long as it's profitable to continue the illusion. At the point where the illusion becomes too expensive to maintain, they will just take down the scenery, they will pull back the curtains, they will move the tables and chairs out of the way and you will see the brick wall at the back of the theater. ~Frank Zappa
This 6.5 minute video needs to go viral:
Unfortunately, most Americans have a 15 second attention span. Here's a shorter one (3.5 minutes) that should also be viewed:
Our electoral process is completely compromised.
I don't see how we're getting out of this trap.
HiPointDem
(20,729 posts)JEB
(4,748 posts)I know I'm thrilled to have a money grubbing fraudster calling the shots as Sec. of Commerce....not.
Kolesar
(31,182 posts)Juror #1 voted to LEAVE IT ALONE and said: He will come back with a new id and train in the rkba forum before restarting the Obama fights, I predict
Juror #2 voted to HIDE IT and said: Kid, this place is not for you!
Juror #3 voted to HIDE IT and said: sounds like Freeperville
Juror #4 voted to HIDE IT and said: The poster is either trolling or "disruptive, hurtful, rude, insensitive, over-the-top, or otherwise inappropriate".
Juror #5 voted to HIDE IT and said: No explanation given
Juror #6 voted to HIDE IT and said: No explanation given
JoeyT
(6,785 posts)I mean, if Romney had gotten elected he would have appointed criminal billionaires that only avoid rotting in prison because the Romney administration would be too corrupt to prosecute them.