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Red Oak

Red Oak's Journal
Red Oak's Journal
February 9, 2016

What is Clinton hiding?

"One thing that is clear is that Clinton could release the Goldman transcripts unilaterally if she chose to do so."


What Clinton said in her paid speeches, by Ben White

http://www.politico.com/story/2016/02/clinton-speeches-218969

February 6, 2016

Ready for Joe?

What do you think will happen to Bernie's support once the powers that be convince Joe Biden to run?

I would think a Biden candidacy would have little impact on Bernie's support, as it would be seen as a desperate campaign set up by the Democratic party establishment to try and protect themselves from a democratic process not going their way. It would seem an illegitimate campaign from day one.



February 5, 2016

Clinton hypocrisy on the Johnson Controls inversion

Clinton may act disgusted about the Johnson Controls corporate inversion, but did you know that the investment banking consultant for Johnson Controls is one of Hillary's principle economic advisers? You can't make this stuff up. The article explains in some detail.


"Sanders could have brought up Blair Effron after Clinton herself slammed what are known as corporate "inversions," specifically citing the company Johnson Controls, which pulled off an egregious example of a move done to reduce a company's U.S. tax bill. Effron is a founding partner of Centerview Partners, an investment firm that played a major role in the Johnson inversion.

Effron has raised at least $100,000 for Clinton's campaign, and it has been widely reported that he hopes to win a job in the Treasury Department. He has been referred to in print as one of the very few people Clinton listens to when it comes to economic policy."

http://www.huffingtonpost.com/entry/democratic-debate-live-updates_us_56b3f7d6e4b04f9b57d91567?ns9vn29



February 4, 2016

They’re all bought and sold: American democracy belongs to the billionaires now

"With the lone exception of Bernie Sanders, every candidate is either in bed with Wall Street or super-rich himself"

From Salon.com, originally in TomsDispatch. Author is Naomi Prins.

http://www.salon.com/2016/02/02/theyre_all_bought_and_sold_american_democracy_belongs_to_the_billionaires_now_partner/

From Wikipedia on the author Naomi Prins: "Nomi Prins is an American author, journalist, and Senior Fellow at Demos.[1] She has worked as a managing director at Goldman-Sachs and as a Senior Managing Director at Bear Stearns, as well as having worked as a senior strategist at Lehman Brothers and analyst at the Chase Manhattan Bank. Prins is known for her book All the Presidents' Bankers in which she explores over a century of close relationships between the 19 Presidents from Teddy Roosevelt through Barack Obama and the key bankers of their day based on original archival documents."

February 4, 2016

Hillary is lying about being tough on Wall Street?

Wall Street thinks so...

From CNBC: http://www.cnbc.com/2016/02/04/why-wall-st-doesnt-care-about-hillarys-cold-shoulder.html

"Hillary Clinton has been postponing fundraisers with financial executives ahead of the New Hampshire primary. But don't expect folks on Wall Street to be offended that Clinton is distancing herself from them. In fact, they see it as smart politics and they understand that Wall Street banks are deeply unpopular, particularly with the Democratic primary base voters, according to a survey of several prominent Wall Street Democrats by CNBC."

"Everybody knows how the world works," said one Democrat working at a Wall Street bank. "If you take offense to that, you're really unsophisticated."

Guess those $250,000 speeches at Goldman Sachs buy you something.

February 4, 2016

From WaPo: Hillary Clinton makes her Wall Street problem worse

Wow. Just. Wow.

Hillary and Bill are bought and paid for in my opinion. Explains NAFTA, China in the WTO, all of it.

From WaPo:

“In all, donors from Wall Street and other financial-services firms have given $44.1 million to support Hillary Clinton’s campaigns and allied super PACs, compared with $39.7 million in backing that former president Bill Clinton received from the industry."
"Only about $75,000 of the $75 million Sanders has raised for his 2016 campaign has come from donors in the finance sector."
“With the $21.4 million that Wall Street has given for her current White House bid, Clinton is on track to quickly exceed the nearly $23 million that she raised in her three previous campaigns combined from the PACs and employees of banks, hedge funds, securities firms and insurance companies."

https://www.washingtonpost.com/news/powerpost/paloma/daily-202/2016/02/04/daily-202-hillary-clinton-makes-her-wall-street-problem-worse/56b23083981b92a22df007c1?hpid=hp_hp-top-table-main_clintonwallst-7am%3Ahomepage%2Fstory

January 26, 2016

Free trade with China wasn't such a great idea - article

Oops, our bad. Sorry to all those families that were destroyed by unemployment.

"In other words, the public might have been wrong about free trade in the 1980s and 1990s, but things have changed. Popular opinion seems to be exactly right about the effect of trade with China -- it has killed jobs and damaged the lives of many, many Americans. Economists may blithely declare that free trade is wonderful, but our best researchers have now shown that public misgivings about these smooth assurances have been completely justified."

Here is the link: http://www.bloombergview.com/articles/2016-01-26/free-trade-with-china-wasn-t-such-a-great-idea

[link:http://www.bloombergview.com/articles/2016-01-26/free-trade-with-china-wasn-t-such-a-great-idea|



July 1, 2015

Pelosi: No consensus with Warren's view on Wall St. regulation

I think that when it comes to money, there is currently little difference between the parties. Both sides are bought and paid for. The TAA/TPP vote/political charade was an excellent example. Here is another, from the CNBC website today:

[link:http://www.cnbc.com/id/102799389|

http://www.cnbc.com/id/102799389

Opposing the White House on trade is one thing. But don't expect Nancy Pelosi to line up behind Elizabeth Warren and demand President Barack Obama get tougher on Wall Street.

"There may have been a couple of people who say that, but that is not the consensus in our party," Pelosi said in a 45-minute interview. On the charge that the administration has been "too soft" on Wall Street, she added: "The financial industry doesn't agree with that."

more at link

June 23, 2015

Big Senate Vote on TPP 6/23/15 - please call your Senator!

Anther big Senate vote on the TPP today. Senate will be taking up parts of fast track. This is a big deal!

Please call your Senator, now, and let them know what you think of the TPP secret deal!

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