Wall Street’s Greatest Wet Dream: The Grand Bargain Betrayal

I told you long ago that Obama was W II (the third and now fourth term of George W Bush policies). Very little has changed, except that Americans (especially black ones) think that his color makes him some sort of Messiah. I have said many times that he is whiter than I am, meaning that he is acting black, but serving the interests of whitesJews. And only the uninformed can really argue that point, as Luke points out in one of his latest videos:

Luke Rudkowski hits the streets of NYC to find out where Obama supporters really stand on his policies. Now he did this in an underhanded way where the policies where presented to be Romney’s, but this was only done to get an honest opinion. The reactions when the truth was uncovered varied but they were very telling to say the least.

Of course Luke won’t tell you about the Jewish connection, but the point is that every one of those he interviewed show their total ignorance when it comes to Obama’s policies. The Obama Brand has done a great job of lying people into believing a load of bullshit that simply perpetuates the Empire and direction towards American financial serfdom.

After his “win” in this past sElection, he now work to implement the final austerity goals that Steve Lendman (quoting Bill Black) lays out as “forced-fed austerity“:

Force-fed austerity assures the worst of hard times. It’s responsible for what Black calls “the four horsemen of the economic apocalypse:”

  • economic decline;
  • job cuts and greater unemployment;
  • increased deficits and debt; and
  • destruction of safety net protections.

Wall Street Wants It ALL, Folks

They want your retirement. They want your healthcare. They want your Social Security. They want your property. They want your savings.

They want to control it all.

And when I say “Wall Street”, I mean what Lendman, nor Black will say out loud… Jews and their parasitic lackeys.

The goal is to take this country down to third world status, where the very rich prosper and the poor barely sustain a miserable existence the best we can. Enough pain felt, for long enough, and us poor ole rednecks will beg them to bring the work back, at slave wage levels, just to feed out kids and care for our sickly old folks, since SSI is going to be privatized (continuing W’s wet dream).

Bill Black explains it very well in his Real News interview:

Bill Black: A group of Democrats called “The Third Way” are working with President Obama towards the “grand betrayal” on social security

The Unholy Grail Of Wall Street

The “unholy grail of Wall Street” is the privatization of the SSI safety net, which so many idiots believe is a good thing. But how can it be good? When has anything that they privatized end up being the best solution? It only steals from you by costing you far more, introducing middle men who scam you and install systems that force horrendous requirements to sustain their profit motives (think privatized prisons or military).

SSI is a very well run institution with little overhead. Any supposed shortfalls are simply because the damned government has stolen the money with no intention of giving it back. But the dumb ass republican sycophants believe the hog wash that the government tells them… believing that it is unsustainable, without ever asking their favorite reTHUGlican Congressman/Senator where the money went to begin with.

And don’t think that demoRATs aren’t complicit… they work together for the same goal, for they serve the same Wall Street Jews and sycophants:

Combined ["the four horsemen of the economic apocalypse"] assures third world status. Black said Obama prioritizes it. We’re forewarned but does it matter? Few Americans understand what’s coming.

Grand bargain betrayal is planned. It’s come in stages like boiling a frog. It doesn’t know it’s dinner until too late.

Social America is on the chopping block for elimination. It’s been happening incrementally for decades. Democrats are in league with Republicans. Their agenda assures intolerable pain and suffering for ordinary people.

These criminals are about to make life in America very hard for the poor. SSI is to be butchered, Medicare and Medicaid to be butchered, Food Stamps to be butchered… They are at the cusp of major changes to your already weakened quality of life. Both “parties” are complicit. Dumb Americans are complicit.

You are about to go the way of Greece, but here in America, we don’t even have a clue, even though we have already experienced huge losses in money and quality of life. And the accelerated changes are coming very soon. Mr Lendman writes:

From now through yearend, four major issues must be resolved:

(1) extending the 2% payroll tax deduction another year. In fact, it’s a stealth drain of hundreds of billions of dollars from Social Security’s Trust Fund reserves.

Revenue already lost irreparably weakened its ability to pay future benefits. Lose more and the entire program may be lost. Privatization assures it.

Obama fully concurs on driving a stake through the heart of Medicare, Medicaid, Social Security and public pensions. He’s no progressive. He’s a corporatist hardliner. He never would have become president otherwise. Populists needn’t apply.

(2) extending expiring unemployment benefits for millions of laid off workers.

(3) another one-year Alternative Minimum Tax (AMT) fix.

(4) delaying the 29% cut in doctors fees for serving Medicare patients.

Expect Republicans to drive a hard bargain like they always do. Democrats pretend they care. In fact, they’ve already sold out. Obama’s reelection hinged on it.

He talks tough, then caves at the 11th hour. He did repeatedly throughout his first term. Both parties are in lockstep on defending privilege.

People needs don’t matter. It’s part of a longstanding plan to third worldize America. Safety net protection is someone else’s problem.

On November 6, Bill Black discussed what’s coming. His article headlined “Wall Street Urges Obama to Commit the Great Betrayal,” saying:

Top domestic policy is eroding safety net protections en route to eliminating them altogether.

“Only a Democrat can make it politically safe for Republicans who hate the safety net to unravel it (a process that would occur over a number of years) by legitimizing the claim that (it) must be cut.”

Obama was hand-picked to do it. “Wall Street’s unholy grail (is) privatizing Social Security.”

Doing so will let financial predators “charge tens of billions of dollars in fees annually and the banks that administered the privatized program would be systemically dangerous institutions (SDIs) because the consequences of allowing bank failures to cause tens of millions of Americans to lose their retirement savings would require either that all such deposits be federally insured or that the failing banks be bailed out by the federal government.”

“Privatization, therefore, is a convenient fiction. The banks’ profits will be privatized. Any catastrophic losses will be borne by the public.”

The Big Lie claims no acceptable alternative exists. Safety net cuts must be imposed. Obama’s sharpened knife is a dagger at the heart of what matters most to ordinary people. Their welfare, security and futures are up for grabs. They’re being destroyed in plain sight.

h/t The Real News & Steve Lendman’s Blog

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2 thoughts on “Wall Street’s Greatest Wet Dream: The Grand Bargain Betrayal

  1. You’re stealing my line. I have said from the beginning that culturally Obama is whiter than me. Obama was raised by a white mother, white grandparents, and an Indonesian stepfather in Kansas, Hawaii, and Indonesia. I was raised in Eastern North Carolina in a culture in which there is a great deal of cross-fertilization between whites and blacks. He’s a good actor in that when addressing black audiences he has learned how to effect the cadences of a black preacher, but it’s really completely phony. I think he’s purely a CIA manufactured product.

  2. When wages in the USA have dropped to 3rd world levels, that’s when ‘good-paying’ 3 dollar an hour jobs will return.

    The super rich might have the brains and stealth to steal our wealth, but they seem to be light on their history. Like the French Revolution.

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