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Encore to Bailing Out Big Banks, Government to Backstop Derivatives Clearinghous

By Patrick   Follow   Mon, 28 May 2012, 7:58pm   574 views   3 comments
In Menlo Park CA 94025   Watch (0)   Share   Quote   Permalink   Like   Dislike  

http://www.washingtonsblog.com/2012/05/as-an-encore-to-bailing-out-the-big-banks-government-to-backstop-derivativees-clearinghouses-in-the-u-s-and-abroad.html

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1. APOCALYPSEFUCK is Shostakovich Follow Befriend (28) 171 threads 4,211 comments Premium

   1   8:21pm Mon 28 May 2012   Share   Quote   Permalink   Like   Dislike   Protected   Please, throw them all out of helicopters at sea.

2. wil Follow Befriend 1 threads 8 comments

   2   8:49pm Mon 28 May 2012   Share   Quote   Permalink   Like   Dislike   Neither Obama or Romney will do anything, nothing new here. Simply vote Ron Paul for 2012! http://www.ronpaul.com/2012-05-14/ron-paul-end-the-fed-and-restore-sound-money/ http://www.dailypaul.com/232346/bankster-power-by-ron-paul http://patrick.net/forum/?p=1212675&c=828497#comment-828497 We need a 4 year clean up or may be people are just ok/happy with the situation (and will vote Obama or Romney)

3. wil Follow Befriend 1 threads 8 comments

   3   8:56pm Mon 28 May 2012   Share   Quote   Permalink   Like   Dislike   Obama vs Mitt http://www.opensecrets.org/pres12/head2head.php?cycle=2012 Mitt vs Paul http://www.opensecrets.org/pres12/head2head.php?cand1=N00000... ----- A Short Analysis of the Top Donors for each Presidential Candidate: NOTE: These are individual donors, and don’t include super-PACS. When you make a political donation, you have to state what company you work for, and that is how this is compiled. These are not the companies themselves donating, but the individuals who work for those companies. For example, in 2008, people who work for Goldman Sachs, gave over $1 Million to Obama, and were his top donor. In 2012, Mitt Romney’s top donor, is, you guessed it, people who work for Goldman Sachs, at $575,000 and counting. Also the lists provided are the top 20 donors for each candidate. First I will make a few observations in regards to the numbers about each candidate, and then feel free to peruse the specifics, below: Obama 2012: In the $3,290,000 raised so far from the top 20 companies whose employees so far have made individual donations to Obama: $560,000, or 17%, has come from technology firms; $794,000, or 24%, has come from Big Academia; $1,008,000, or 31%, has come from big lobbying firms. Of course, these lobbyists, have the usual list of clients, you might expect, from all the “Bigs”. This is extraordinary: Almost 1/3 of all the personal donations to Obama in this top 20 block, have come from lobbyists and their firms. Remember his 2008 campaign about promising to end special interests? Right. Romney 2012: In the $4,723,000 raised so far from the top 20 companies whose employees so far have made individual donations to Romney: Fully $3,760,000 of that, or 80%...has come from Wall Street firms. Of those top 20 firms whose employees have donated so far $4.72 Million, to Romney, those same firms received, in the 2008 bailouts stolen from the American taxpayer (which of course both Romney and Obama supported), an estimated $335 Billion dollars in bailout money! Infused with $335 Billion of cash taken from the backs of taxpayers?? No wonder they are able to ‘afford’ to donate so much! Ron Paul 2012: In the $675,000 raised so far from the top 20 companies whose employees so far have made individual donations to Dr. Paul: $157,000, or 24%, has come from technology firms; $73,000, or 11%, has come from government contractors $338,000, or 50%, has come from active duty military. So, let me get this straight: 1) The biggest donors to Obama in 2008, were the Banksters. 2) The biggest donors to Obama in 2012, are lobbyists…for the Banksters. 3) The biggest donors to Mitt Romney in 2012, by a huge majority, are the Banksters…and the lobbyists who represent them. 4) The biggest donors to Ron Paul in 2012, fully 50% in this sample of the top 20, are from the United States active duty military. You know, the military guys and gals, who are throwing their support behind the guy who is supposedly so “weak” on foreign policy. 5) Go figure. ------------------------------------------------- Here is the breakdown of all the top donors of the candidates (all data here courtesy of opensecrets.org): Obama’s top donors: Microsoft $348 K DLA Piper $298 K (International lobbying firm with clients from defense contractors like Raytheon to big pharma Pfizer to various health care / insurance firms) U of California $262 K Sidley Austin LLP $240 K (Lobbying firm that has included many Big Pharma clients, as well as the Federal Reserve). Google $212 K Harvard $195 K Comcast $181 K Skadden Arps, et al $154 K “Lobbyists working for Skadden, Arps represent some of the largest political players outside of elected office, including the U.S. Chamber of Commerce and U.S. Steel. And it’s the firm’s individual employees, as well as their immediate family members, who come out in droves for Democrats. Together, they routinely help the firm rank at the top of the lawyers and lobbyists industry in terms of campaign contributions.” - OpenSecrets.org Morgan & Morgan $136 K US Department of State $132 K Time Warner $130 K US Government $127 K Stanford University $123 K Kaiser Permanente $112 K National Amusements, Inc $110 K Columbia University $109 K Mayer Brown, LLP $109 K (Lobbying firm) Wilmerhale LLP $107 K (Lobbying firm) Finally one of the many lobbying firms who are the top backers of Obama, willing to actually admit their clients. http://www.wilmerhale.com/about/representativeclients/ Among Wilmerhale’s clients…are a good corporatist bunch: Bayer Boeing Citigroup Deutsche Bank General Electric Goldman Sachs JP Morgan Chase Millennium Pharmaceuticals Monsanto Morgan Stanley Pfizer Procter & Gamble UBS University of Chicago $105 K Jones Day $100 K (Lobbying firm) ROMNEY 2012: FIRST number: Top donors to Romney 2012. SECOND number: How much bailout money those companies received in 2008: Goldman Sachs $574 K $13 Billion Bank of America $399 K $15 Billion JP Morgan Chase $394 K $25 Billion Morgan Stanley $374 K $107 Billion Credit Suisse $318 K $500 Million Citigroup $302 K $25 Billion Kirkland & Ellis $249 K (Lobbying firm whos clients include Big Pharma, Big Energy, Big Medical, and yes, you guessed it: Morgan Stanley, UBS, etc.) Barclays $229 K $48 Billion Pricewaterhouse/ Coopers $209 K (Accounting firm darling of Wall Street) Wells Fargo $205 K $25 Billion HIG Capital $191K UBS AG $191 K $75 Billion Blackstone Group $183 K Bain Capital $149 K Marriot International $133 K EMC Corp $129 K Citadel Investment Group $128 K $1 Billion Elliot Management $118 K Deloitte LLP $125 K (Accounting firm with clients such as Morgan Stanley and Monsanto) Bain & Co $123 K Top donors to Ron Paul 2012: US Army $108 K US Air Force $84 K US Navy $84 K Google $42 K US Dept. of Defense $34 K Microsoft $29 K US Marine Corps $28 K Boeing $27 K IBM Corporation $27 K Lockheed Martin $24 K Northrop Grumman $22 K Intel Corporation $21 K US Government $21 K Rangingwire Enterprise Solutions $20 K Corriente Advisors $20 K Oracle Corporation $18 K Verizon $17 K US Postal Service $17 K FedEx Corp $16 K AT&T $16 K ~Chris May 27, 2012 P.S. Have a meaningful Memorial Day…and remember the fallen, please. Data taken from OpenSecrets.org. Great website!