Friday, December 26, 2014

Wall Street owns Jeb Bush and Hillary Clinton

A variety of different articles have painted the Democratic Party as "Wall Street leaning." The Democratic Party is much more than "Wall Street leaning;" the Democratic Party is owned outright by Wall Street every bit as much as the Republican Party and both are an integral component of Wall Street's "two-party trap" set for the working class.

Anyone who doesn't believe this should read their daily newspaper... "hot off the press" today is the article:

"Jeb Bush unwinding some financial affairs; Considering run for president, he quits firm that profited from Obamacare:"

http://www.latimes.com/nation/la-na-jeb-bush-money-20141225-story.html#page=1

"In 2007, Bush joined InnoVida, a Miami manufacturer of composite building materials, winning a seat on the board and a $15,000-a-month consulting contract. At the time, company president Claudio Osorio was a big player in Miami’s glitzy social and political world, hosting fundraisers at his Star Island mansion for Democratic politicians like Hillary Rodham Clinton and, in 2008, for then-Sen. Barack Obama.

In March 2010, InnoVida obtained a $10-million federal loan to build homes and a factory in earthquake-wrecked Haiti. But Osorio scammed millions from that loan and from investors, according to a federal indictment filed in Miami.

"A Securities and Exchange Commission complaint in 2012 said Osorio had recruited Bush and other high-profile figures to lend “an air of legitimacy” to InnoVida and help him raise money. In 2013, Osorio pleaded guilty to fraud charges and was sentenced to 121/2 years in prison.

Bush was paid a total of $468,901 before leaving InnoVida in September 2010.
A court-approved settlement agreement in the company’s bankruptcy case says he provided “substantial assistance” to investigations into the company’s finances, and he agreed to pay back $270,000 to the bankruptcy court."

I do wonder why we haven't heard about the Obama and Hillary Clinton connections to the same dirty corporate money long before this.

And remember all these people who said, "Obama is the last Democrat I am backing; in 2016 I will support building a new working class based progressive people's party for peace, social and economic justice?" Well, these people are running the same line on us again as they support Hillary Clinton... although this time they are clamoring for Warren to run in the primary even though Warren has already proclaimed her support for Hillary.

Wall Street owns Hillary Clinton and Jeb Bush... and Jeb Bush and Hillary Clinton both own a part of Wall Street--- ditto for Obama; is this what democracy is all about?

And like with Obama's bailout of the Wall Street bankers, Obamacare is all about Wall Street's profits with the Republicans demagogically railing against Obamacare as they laugh all the way to the bank.