What’s that slimy, slithering sound I here? Why it’s former Treasury secretary and Goldman Sachs CEO, Hank Paulson crawling out under a rock and into Hillary Clinton’s camp! Why shouldn’t we be surprised by that? After all, it was he and his band of thieves that raided the taxpayer coffers during the financial turmoil in 2008.
How come this man and his mobster friends weren’t
convicted on RICO charges? Paulson
should be someone’s bitch in a jail cell.
That’s because people like Hank Paulson don’t go to jail. They’re the financiers of other criminals
like the Clintons, Obamas and other scoundrels who are in charge of our justice
system. They are the cronies in our
so-called capitalist system. They profit
off of our losses.
Here is the reason Mr. Hank Paulson endorsed
Hillary Rodham Clinton:
When it comes to the
presidency, I will not vote for Donald Trump. I will not cast a write-in vote.
I’ll be voting for Hillary Clinton, with the hope that she can bring Americans
together to do the things necessary to strengthen our economy, our environment
and our place in the world.
Really? She is one of the most polarizing people in
this country and he believes she will unite us?
What a fool! Hillary may
strengthen Paulson’s and his buddies’ economic situation, but she won’t for the
American people. He continues:
We need to welcome
rather than shrink from trade and economic competition. Trump calls our current
trade deals “disgusting, the absolute worst ever negotiated by any country in
the world.” This is simply false. According to the Peterson Institute for International
Economics, the average American household income is roughly $10,000 higher
because of the postwar expansion of trade. Because of trade, we add jobs and
foster innovation and competitiveness. That doesn’t mean that people aren’t
losing jobs and suffering in certain industries. However, it is wrong to tell
the American people that we can turn back the clock and win, with merely 4
percent of the world’s population, by walling ourselves off from the remaining
7 billion people and the markets they represent. Instead, we need to fix the
programs that help U.S. industries and workers transition to new and better
jobs. We need better training, new education programs and a more robust safety
net. The policies Trump endorses would destroy, not save, U.S. jobs.
The majority of those
7 billion people live in a third-world shithole. What do they provide besides cheap labor that
connected fat cats like Hank Paulson can exploit? How about providing conditions that would
attract manufacturing to the United States such as deregulation and an
abolishment of punitive taxes? Has anybody
thought about that?
Just to remind people
of what a crook Hank Paulson and his cronies are, here is an excerpt from
Reckless Endangerment: How Outsized Ambition, Greed, and Corruption Led to
Economic Armageddon.
In 2001, however,
Fannie took its accounting chicanery to new heights, or lows, depending upon
your perspective. And it did it with the
help of its favorite investment bank, Goldman Sachs.
Goldman had long had
strong ties to Fannie Mae. Stephen
Friedman, chairman of Goldman Sachs from 1992 to 1994, had been director of
Fannie Mae since 1996. In 2001, Friedman
sat on Fannie’s Compensation Committee and its Nominations and Corporate Governance
Committee. Both areas were seriously
compromised by the me-first attitude at the top of Fannie Mae.
Indeed, while
Friedman was on Fannie’s board, federal investigators said directors improperly
allowed the company’s executives to set earnings targets they were sure to
meet. “As a direct result, senior
management reaped ongoing and extensive financial rewards through accounting
manipulation,” the investigators wrote the OFHEO report concluded.
In 1999, Goldman had
returned the favor of a directorship by offering a seat on its prestigious
board to Jim Johnson. It was a classic
example of the “I’ll –scratch-your-back, you-scratch-mine” mentality among
corporate boards. The year Johnson
became director at Goldman, Henry M. Paulson Jr., the man who would oversee the
taxpayer bailout of Fannie Mae as Treasury secretary in 2008 took the helm at
the investment bank.
Because Goldman did
not have a nomination committee at the time, Johnson’s appointment to its board
was a decision made at the highest levels of the firm. Johnson immediately received the plum board
assignment of chairing the firm’s compensation committee. This meant that Johnson, in addition to his
other board duties, would be in charge of dispensing some of the richest
payouts on Wall Street.
Crooks! Every damn one of them and they are still
walking the streets to this day!
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