America’s Mubarak Moment

(3 pm. – promoted by ek hornbeck)

You know, when Wikileaks let the cat out of the bag on just how rich and greedy Mubarak was, the people got royally pissed.

Now, Matt Taibbi let the whole litter of the critters out off the bag, in “Why Isn’t Wall Street in Jail?” and we need to get royally pissed too.

I mean, some of us knew already. The same people investigating Wall Street spin in and out of working for Wall Street. Its the fox guarding the fox, and they both get more chicken than Jim Morrison ever dreamed. Talk about back door men?


The prime paragraph:

Which is not to say that the Obama era has meant an end to law enforcement. On the contrary: In the past few years, the administration has allocated massive amounts of federal resources to catching wrongdoers – of a certain type. Last year, the government deported 393,000 people, at a cost of $5 billion. Since 2007, felony immigration prosecutions along the Mexican border have surged 77 percent; nonfelony prosecutions by 259 percent. In Ohio last month, a single mother was caught lying about where she lived to put her kids into a better school district; the judge in the case tried to sentence her to 10 days in jail for fraud, declaring that letting her go free would “demean the seriousness” of the offenses.

So there you have it. Illegal immigrants: 393,000. Lying moms: one. Bankers: zero.

Most of us aren’t too surprised at Taibbi’s take on Obama either:

As for President Obama, what is there to be said? Goldman Sachs was his number-one private campaign contributor. He put a Citigroup executive in charge of his economic transition team, and he just named an executive of JP Morgan Chase, the proud owner of $7.7 million in Chase stock, his new chief of staff. “The betrayal that this represents by Obama to everybody is just – we’re not ready to believe it,” says Budde, a classmate of the president from their Columbia days. “He’s really fucking us over like that? Really? That’s really a JP Morgan guy, really?”

They use a lot of code words to confuse the issue. They talk about solvency, job creation, too big to fail, and regrowing the economy. They tell us to go shopping and it will all be well. They tell us killing the Unions will save us. Here’s a news flash!

There is no fiscal crisis in Wisconsin.  Governor Walker reports a nearly 130 million dollar deficit, but doesn’t report that he caused it by giving a 140 million dollar tax break to large multinational corporations in Wisconsin (e.g. WalMart).  The whole thing hedges on not only the crappy negotiation changes, but demands they make a new Union every year from scratch. The squirrely word is recertify, the end result is killing Unions.

Coupled with new voter ID laws pending in Wisconsin and already law in Texas? (a voter ID law that requires people in that state to show a driver’s license, military ID, a passport, a state or citizenship ID card or a concealed handgun license before being allowed to vote)  Its blatant evidence that our “Mubaraks” are taking away our right to represent ourselves.

Its blatant evidence too, that stealing from us is FINE, while we go to jail for trying to EAT.

Let’s hear from Uncle Noam on the subject: (my bold)

Well, you know, a couple of weeks ago, the Obama administration selected somebody to be in charge of what they call “jobs.” “Jobs” is a funny word in the English language. It’s the way of pronouncing an unpronounceable word. I’ll spell it: P-R-O-F-I-T-S. You’re not allowed to say that word, so the way you pronounce that is “jobs.” The person he selected to be in charge of creating jobs is Jeffrey Immelt, the CEO of General Electric, which has more than half their workforce overseas. And, you know, I’m sure he’s deeply interested in jobs in the United States. But what he has is deep pockets, and also, not just him, but connections to the tiny sector of the ultra-rich corporate elite, which is going to provide that billion or billion-and-a-half dollars for the campaign.

So here we have it people.

The crib note version:

The UBER-RICH, Wall Street and Bankers can commit crimes against you and America and NEVER GO TO JAIL.

The UBER-RICH own our Politicians.

You are being denied the right to collectively fight back, by Union, or even Voting.

You are getting poorer and poorer.

The rich are getting unbelievably wealthy from stealing from you in units of interest and work…and your forced payment of TAX DOLLARS.

We don’t really need Wikileaks to prove this to us, its all in the Public Domain.

What more will it take, for America to have our Wall Street is Mubarak Moment?



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    • Diane G on February 22, 2011 at 2:59 pm

    and its time we admitted it to ourselves out loud.

    Oligarchy: Check

    Vast and growing discrepancies between rich and poor: Check

    Untouchable Elites who break laws: Check

    Repression of dissent: Check

    Disenfranchised: Check

    State run Media: Check (since the state & business are one.)


    • Edger on February 22, 2011 at 3:49 pm

    and the taxpayer base of Wisconsin right now?

    Compared to, say, a year or five years or ten years from now if Walker survives and manages to push through his plans?

    He might have to change his name to Scott Sitter?

    How will explain that on his Unemployment Insurance application? Will he be able to say “laid off”? Or will he be deemed to have been “fired” for just cause, and be disqualified for UI?

  1. The continual deregulations of Wall Street and the Banks that Bush, et al. so happily provided these criminals have continued on, basically unabated and even applauded, in measure.  Witness the American peoples’ bailout of the very people who fucked them and this country over royally.  When these people can and do continue on with their criminal behavior with NOTHING to stop them, you have what you have.  

    Where we are at this juncture, essentially, is what we have watched happening over time right in front of our faces.

    And, all these criminals work hand in hand, needless to say.  Citizens United v. FCC gave unlimited freedom to corporations, who also have screwed us over and over, and pay hardly any taxes, if any, are in bed with Wall Street and the Banks and all are in bed with the government officials, and their (the criminals’) control is boundless.  

    Since the Supreme Court and the DoJ seem to be equally impregnable, how do we bust up this overwhelming grip on our system?

    I think the answer is becoming clearer and clearer!

    Matt Taibbi writes a mean article!  I’ve always liked his clarity and his ability to pierce through the veil!

  2. to do the right thing that there will be some efforts of violence initiated by the powers that be.  Afterall, G. W. Bush didn’t carry out urban guerilla warfare exercise training in Indiana, and elsewhere for no reason.  We are a “bully” country and you don’t have to look far to see our bullying . . . . . !

    But when it reaches a “nothing left to lose” place with people, it will happen, regardless, I believe.  

    I don’t will it or wish it, period!  But bullies don’t stop being bullies (criminals, that is) until something calls their bluff!

    The alternative, of course, and that’s the clearer and clearer part, is that we are on a crash course to a 3rd world status and all the ills accompanying the same.

  3. Burn Baby Burn.

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