2016 Postmortem

Octafish

(55,745 posts)

44. UBS 'n' Tex-us 'n' Just-Us

Tue May 31, 2016, 02:27 PM

May 2016

After his exit from the US Senate, Phil Gramm found a job at Swiss bank UBS as vice chairman. He later brought in former President Bill Clinton to the Wealth Management team. What a coincidence, they are the two key figures in repealing Glass-Steagal. Since the New Deal it was the financial regulation that protected the US taxpayer from the Wall Street casino. Oh well, what are a few hundred million in speaking fees compared to a $16 trillion bailout among friends?

It's a Buy-Partisan Who's Who:

President William J. Clinton
President George W. Bush Heh heh heh.
Robert J. McCann
James Carville
John V. Miller
Paula D. Polito
Anthony Roth
Mike Ryan
John Savercool

SOURCE: http://financialservicesinc.ubs.com/revitalizingamerica/SenatorPhilGramm.html

Some of why DUers and ALL voters should care about Phil Gramm.

How many hours of week of NFL football vs how often the ties between the world's wealthiest people and our politicians should be of great concern to all who care about Democracy.

Edit history

Please sign in to view edit histories.

Recommendations

0 members have recommended this reply (displayed in chronological order):

58 replies

= new reply since forum marked as read

Highlight:

Redistributing Wealth [View all] Octafish May 2016 OP

They run for President so they can influence our economy for their heirs and their friends. insta8er May 2016 #1

The Dulles Brothers School Octafish May 2016 #10

Pushing back against democracy. That is the most telling jwirr May 2016 #18

Thank Gore for the Internet. Octafish May 2016 #19

+1 mmonk May 2016 #40

They are laughing at all of us proles. PowerToThePeople May 2016 #2

To make sure we don't catch on, the elite give us AUSTERITY. Octafish May 2016 #16

It appears that the world has forgotten the Reign of Terror jwirr May 2016 #22

The meme should be "Paying for the value of work". SharonAnn May 2016 #3

Absolutely! Octafish May 2016 #26

redistribution enid602 May 2016 #4

Learned at the hand of a master criminal, his father. Octafish May 2016 #33

A wealth distribution where middle, working, poor, young, and elder demographics PufPuf23 May 2016 #5

And those capitalists have missed the biggest point: Some jwirr May 2016 #23

Yes. Their argument is that everyone benefits from free trade but in practice that is not the case. PufPuf23 May 2016 #28

They want all the money and JEB May 2016 #6

UBS 'n' Tex-us 'n' Just-Us Octafish May 2016 #44

Not only did they pocket most of the wealth made in the last few decades they've rhett o rick May 2016 #7

"We need a revolution." Lizzie Poppet May 2016 #12

It has to be non-violent. The Oligarchy would love an excuse to remove more of our rights and rhett o rick May 2016 #13

Well...that's the overwhelming preference, anyway. Lizzie Poppet May 2016 #15

Violent revolutions might succeed in changing the leadership but usually the results rhett o rick May 2016 #20

Oligarchy! CorkySt.Clair May 2016 #45

I am guessing that is about as deep as you go. I picture you with fingers in your ears, rhett o rick May 2016 #50

Oligarchy! CorkySt.Clair May 2016 #55

Oligarchy, Oligarchy, Oligarchy, ignore list, rhett o rick May 2016 #56

Oligarchy! Oligarchy! Oligarchy! CorkySt.Clair May 2016 #57

Buy Partisan Trickle Down Economics is now the gold standard. Octafish May 2016 #46

"PS: If the Congress and Bush and Obama administrations had followed Bernie Sanders' lead, the rhett o rick May 2016 #47

sitting between Bush and Jones and laughing it up. Disgusting. liberal_at_heart May 2016 #8

Jones? jwirr May 2016 #24

Jerry Jones, owner of the Dallas Cowboys, a man who made it big in the oil biddniss. Octafish May 2016 #27

Sounds like another Bill. jwirr May 2016 #30

In an Eyes Wide Shut kind of way. Octafish May 2016 #31

They want it all. Every last dime. CrispyQ May 2016 #9

Yep. Carlin absolutely nailed it. Lizzie Poppet May 2016 #14

That's where Larry Summers, who whitewashed the Bankster Bailout, comes in. Octafish May 2016 #37

+1 mmonk May 2016 #41

There's never enough for greedy piggies, never. nt nc4bo May 2016 #11

Wealth of richest 400 Americans surges to $2.29 trillion! That's a WOW! Octafish May 2016 #38

I am sure that your graph is too complicated for those that support the Wealthy. rhett o rick May 2016 #48

As, not coincidentally, has the stock market whatthehey May 2016 #54

When you can print your own money, assign your own value and merit to it, felix_numinous May 2016 #17

You are most welcome, felix_numinous. The Cree prophecy is haunting. Octafish May 2016 #39

Aw, look at 'em all happy and smiling. Happier times. vintx May 2016 #21

Anyone listening? Urchin May 2016 #25

People aren't paid a living wage because the rich must have the lion's share. Vinca May 2016 #29

How about my mortgage? That'd help a lot. Octafish May 2016 #32

yup shanti May 2016 #58

I hope the Rockefellers appreciate DU running interference for them. n/t lumberjack_jeff May 2016 #34

Hypnosis for a better Hypocrisy Octafish May 2016 #36

why is Bush transmogrifying into Adam DeVine? MisterP May 2016 #35

Switzerland? Octafish May 2016 #42

And apparently all those Hillary supporters want the rich to get richer at THEIR expense. pdsimdars May 2016 #43

I think you give them too much credit. They are not fighting for anything and that's the problem. rhett o rick May 2016 #49

Thank you for promoting honest discussions here. rhett o rick May 2016 #51

Wikileaks vs. the Empire: the Revolutionary Act of Telling the Truth (John Pilger) Octafish May 2016 #52

The comfort of the rich relies on an abundant supply of the poor. Voltaire Tierra_y_Libertad May 2016 #53