- On January 7, New York Time writer Jackie Calmes headlined,
"Obama Promises Full Recovery for Employment," saying:
- Visiting a window-manufacturing plant "to promote
his economic policies and his new team of advisers," he said:
- "We will not rest until we have fully recovered
from this recession."
- Another promise, another to be broken by a scheme to
create ruler-serf societies globally, especially in America and the West.
Obama's citing a "foundation" for growth is political blather,
his specialty like other key team players around him.
- Yet Calmes called his new appointees "pragmatic
liberals with experience in the policy-making bureaucracy - and negotiating
with Republicans in Congress."
- Like his Geithner/Summers/Emanuel-led team, they're,
in fact, hard-line pro-Wall Street, pro-business, anti-regulation, anti-populist
conservatives, appointed to shift further right, embracing core neocon/Democratic
Leadership Council (DLC) tenets.
- They're pro-business, pro-working class austerity, anti-populist,
anti-civil/human rights, anti-rule of law, anti-government of, by and for
people, anti-labor, anti-welfare, militaristic, repressive, and pro-imperial
for unchallengeable global dominance.
- They're hardline against Blacks, Hispanics, Latino immigrants,
Muslims, workers, the poor, consumer protection, progressivism, environmental
protection, peace and its supporters, prosecuting corporate and government
criminals, honest elections, and democratic governance.
- They back the Bilderberg Group's grand scheme that Daniel
Estulin exposed for:
- -- "one international identify (observing) one set
of universal values;"
- -- centralized dominance of world populations by "mind
control;" in other words, controlling world public opinion;
- -- a New World Order with no middle class, only "rulers
and servants (serfs)," and, of course, no democracy;
- -- "a zero-growth society" without prosperity
or progress, only greater wealth and power for the rulers;
- -- manufactured crises and perpetual wars;
- -- absolute control of education to program the public
mind and train those chosen for various roles;
- -- "centralized control of all foreign and domestic
policies;" one size fits all globally;
- -- using the UN as a de facto world government, imposing
a UN tax on "world citizens;"
- -- expanding NAFTA and WTO globally;
- -- making NATO a world military;
- -- imposing a universal legal system; and
- -- a global "welfare state where obedient slaves
will be rewarded and non-conformists targeted for extermination."
- In short, they seek a repressive inhospitable world with
them having supreme unchallengeable power, an intolerable state unfit to
live in, perpetually at war for an unattainable peace, and plans to keep
it that way.
- Obama's New Team, Bilderberger Approved
- William M. Daley heads it as Obama's White House chief
of staff. A top JPMorgan Chase executive, New York Times writer Eric Lipton
headlined on January 6, "Business Background Defines Chief of Staff,"
- A longtime corporate/government insider, he was paid
"$5 million a year" to supervise "Washington lobbying efforts
of the nation's second-largest bank. He also serves on the board of directors
at Boeing, Abbott Laboratories," and Merck & Co.
- He a player, a key cog in Wall Street dominated America,
recycled to another top White House position, his most important so far
as coordinator of Obama's domestic team besides influencing his entire
- Announcing his appointment, Obama said:
- "Few Americans can boast the breadth of experience
that Bill brings to this job....he possesses a deep understanding of how
jobs are created and how to grow our economy. And needless to say, Bill
also has a smidgen of awareness of how our system of government and politics
works. You might say it is a genetic trait," referring to his brother
Richard M. Daley, retiring after six terms as Chicago mayor, the longest
tenure in city history, surpassing his father, Richard J.
- They ran the city like American pharaohs for over 40
of the 55 post-1955 years. As a top Wall Street/Washington executive, William
continues the family tradition on a national/global scale. Earlier he worked
at Mayer Brown, one of the nation's largest corporate law firms, and served
as president and CEO of Amalgamated Bank of Chicago.
- In 1993, he was Clinton's special counsel in charge of
coordinating NAFTA's passage, an environmentally destructive deal that
assured US job losses and annual trade deficit increases. From 1997 - 2000,
he served as Secretary of Commerce and chaired Al Gore's 2000 presidential
- He also held top jobs at SBC Communications, now part
of AT&T after consummating a $16 billion purchase in October 2005 and
adopting the AT&T name, changing it to AT&T, Inc. from AT&T
- In 2004, he joined JPMorgan Chase as Midwest chairman,
then in 2007 got added duties as head of its Office of Corporate Social
Responsibility, its powerful lobbying arm to assure what bank executives
want, they get, including industry-friendly financial reform, guaranteeing
business as usual, including no limit on bank size or types of risky investments.
- The New York Times, in fact, noted that Daley maintained
close ties with the White House while at JPMorgan Chase, saying:
- "Mr. Daley was never registered as a (Chase) lobbyist,
(but) played a role in hiring and was the direct supervisor of Peter L.
Scher, another former Clinton administration official, who runs the bank's
lobbying shop in Washington. Mr. Daley also served as the bank's chief
liaison with the White House, frequently consulting with Valerie Jarrett,"
Obama's assistant for Intergovernmental Relations and Public Liaison, and
Rahm Emanuel whom he replaced.
- On January 6, the Center for Public Integrity's Michael
Hudson headlined, "Obama's New Chief of Staff Sought to Loosen Post-Enron
Corporate Reforms." Calling him "a major Wall Street player,"
he said he wanted to "protect big accounting firms from investor lawsuits
and criminal prosecution" no matter how outrageous their crimes.
- His appointment cheered the US Chamber of Commerce, calling
him "a man of stature and extraordinary experience in government,
business, trade negotiations, and global affairs."
- Ira Rheingold, Executive Director of the National Association
of Consumer Advocates, disagreed saying:
- In the wake of the current economic crisis, "(i)t
makes you pause when you see people who worked in the banks that caused
the problems - people who lobbied for positions that would have done even
greater damage to the economy - being recycled into government."
- In March 2007, seven months before economic trouble erupted,
- "International financial markets are becoming increasingly
competitive, and we need to step up our game and respond," adding
that there's "a perception around the world that we've got problems
because of a regulatory and legal climate. Whether it is true or not, the
fact is that perception creates its own reality."
- In other words, he wanted already loose regulations removed
to give Wall Street unencumbered free reign to pillage. As White House
chief of staff, he'll assure it at the expense of working Americans.
- Other New Obama Appointees
- Gene B. Sperling will replace Larry Summers as Director
of the National Economic Council (NEC), a job he held in the Clinton administration
where he and Summers were principle negotiators for passing the 1999 Financial
Modernization Act (also called Gramm-Leach-Bliley Act), repealing Glass-Steagal
(the Banking Act of 1933) that prevented banks, securities firms and insurance
companies from merging.
- Together with Trade Representative Charlene Barshefesky,
he also successfully negotiated the 1999 China-WTO agreement, admitting
Beijing in 2001. According to the Economic Policy Institute (EPI), it cost
2.4 million US jobs, a figure that keeps rising.
- In 2008, Goldman Sachs paid him nearly $1 million for
consulting services. He's also an advisor to Treasury Secretary Tim Geithner.
Sperling is known for his neoliberal, pro-business agenda, and played a
key role in arranging Obama's December tax cut deal with Republicans, a
measure shifting more massive wealth to America's aristocracy already with
- Jacob J. Lew is new Director of the Office of Management
and Budget, a position he assumed on November 18, replacing Peter Orszag
who became Citigroup's Vice Chairman of Global Banking, despite no industry
background. He was hired as a "political asset" for his White
House and congressional connections to help his new employer, a position
reportedly paying him $3 million.
- Last September, Austan Goolsbee became Chairman of the
Council of Economic Advisers, replacing Christina Romer who returned to
academia. Goolsbee took leave from the University of Chicago where he's
Professor of Economics at the Booth School of Business.
- In January 2009, economist Jason Furman became Deputy
Director of the National Economic Council. As of January 7, 2010, he retains
the position with greater authority.
- Other new appointees include Katherine G. Abraham as
third ranked Council of Economic Advisors member and Heather Higginbottom,
currently a White House domestic policy advisor, as Lew's deputy budget
director. David Plouffe, Obama's 2008 campaign manager, will replace top
White House political advisor David Axelrod when he leaves early in 2011
to work for Obama's reelection.
- A Final Comment
- Obama's new team signals a further shift right, assuring
fewer business regulations, more corporate tax cuts and handouts, and austerity
for working Americans. Despite punishing unemployment and deepening hard
times, progressivism is nowhere in sight.
- On January 10, financial expert/investor safety advocate
Martin Weiss warned of a looming "Greek Tragedy," asking "which
state will be America's first Greece."
- The nation's debt crisis is "poised to crush the
economy" at both federal and state levels, he warned. At every level
of government, "debt and deficits are now exploding, or on the verge
of exploding." Besides Washington's $14 trillion debt bomb, another
$1.4 trillion is being added annually, and states owe up to $2 trillion
plus another $3.5 trillion to pension funds.
- His bottom line: "The day of reckoning is now at
hand! There's no overstating how serious or how pressing this crisis is,"
affecting the nation, states and cities. Default is a major risk, a view
Weiss shares with noted banking analyst Meredith Whitney, telling a December
60 Minutes audience to expect massive nationwide defaults in 50 to 100
cities and towns, amounting to "hundreds of billions of dollars"
as pension liabilities dwarf tax revenues.
- In Illinois, conditions are so dire that state officials
were evicted from their offices for nonpayment of rent, and, according
to New York Times writer Monica Davey, legislators in Springfield may
consider what was unthinkable several months earlier - enacting a whopping
"75 percent increase in the state's income tax," as one element
of an evolving financial scheme discussed secretly in private meetings.
- Given the state's $13 billion deficit, the highest per
capita in America, anything going forward is possible, hitting working
households hardest the same as nationwide. Obama's new chief of staff and
economic team were chosen to grovel to business and assure it.
- Stephen Lendman lives in Chicago and can be reached at
email@example.com. Also visit his blog site at sjlendman.blogspot.com
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