A Union-Hating Billionaire Bankster Will Develop Trade Agreements that Affect All [View all]

[Octafish]

And the guy who's in line to keep the airwaves broadcasting in the public interest, including truth, news and free discussion that make democracy operate, was a corporate lobbyist.



Here are details...

Down the Corporate Rabbit Hole

Obama in Plunderland

by NORMAN SOLOMON
CounterPunch, May 9, 2013

EXCERPT...

A more blunt assessment came from journalist Dennis Bernstein: “Her pioneering sub-prime operations, out of Superior Bank in Chicago, specifically targeted poor and working class people of color across the country. She ended up crashing Superior for a billion-dollar cost to taxpayers, and creating a personal tragedy for the 1,400 people who lost their savings when the bank failed.” Pritzker, whose family controls Hyatt Regency Hotels, has a vile anti-union record.

SNIP...

The choice of Penny Pritzker to run the Commerce Department is a matched set with the simultaneous pick of Tom Wheeler — another mega-fundraiser for candidate Obama — to chair the Federal Communications Commission.

SNIP...

But with countless billions of dollars at stake, the corporate fix was in. As Johnson pointed out, “Wheeler’s background is as a trade association representative for companies appearing before the Commission, a lobbyist in Congress for other FCC customers, and a venture capitalist investing in and profiting from others whose requests he’ll have to pass on. He has no record, of which I am aware, of challenging corporate abuse of power on behalf of consumers and the poor.”

SNIP...

Obama’s recent appointment of Wall Street insider Mary Jo White as SEC chair is playing out in predictable fashion. Days ago, in an editorial, the New York Times faulted her role in an SEC decision on regulating the huge derivatives market: “Last week, in her first commission vote, Ms. White led the commissioners in approving a proposal that, if finalized, could leave investors and taxpayers exposed to the ravages of reckless bank trading.”

CONTINUED...

http://www.counterpunch.org/2013/05/09/obama-in-plunderland/

They'll fit right in with an Attorney General who won't go after the trillions in offshore loot, prosecute banks that foreclosed illegally on millions of homeowners, shut down banks that launder drug money.

And that's not the worst of it. Bush and Cheney walk free. And the wars for privatized empire and profit they started continue as if no one gave a damn.