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17 October, 2015

Wall Street banksters won't let Bernie go too far, but what about people?

globinfo freexchange

Abby Martin hosted a live analysis of the recent Democratic Party debate. She was joined by politician Jill P. Carter, who represents Maryland's 41st legislative district of Baltimore City; Jared Ball, assistant professor of communication studies at Morgan State University; Kamau K. Franklin, Southern Regional Director of the American Friends Service Committee; Bhaskar Sunkara, the founding editor and publisher of Jacobin Magazine; and journalist Sarah Jaffe, who co-hosts Dissent magazine's “Belabored” podcast.

It was an interesting discussion, but perhaps the most substantial conclusion came at the end by Franklin, saying that:

One of the direct answers on why Bernie Sanders won't get elected, is because Wall Street would not let him get elected. [...] In the current structure that we do have, of this two party system, he is not electable because the rich bankers and so forth, media apparatuses, will not allow him to go any further. They will demonize him ... it will feel like Hillary Clinton is the only possibility.

An interesting point at the beginning of the discussion is that, indeed, the questions in the debate targeted Sanders, forcing him to 'play by the rules' of the establishment. For example, Clinton clearly declared that she is faithful to the 'mainstream rationalism', saying that she is a Capitalist without doubt.

So actually, in the American reality, no one could get elected in case that he/she would dare to defy Capitalism, or, even the neocon pro-war policies attached to the US military-corporate-industrial-banking complex.

However, the fact that the system, through the corporate media, shows such an agony to align everyone behind the 'mainstream line', is a sign of an establishment under panic, which senses that people start to question those that it represents.

We witnessed such a reaction by the system in Greece, when SYRIZA was taking the power. Also, in Spain, with the rise of the Left there too, and, in Britain, with the election of the most Leftist politician, Jeremy Corbyn, in the leadership of the Labour Party. Therefore, this is a sign that the system is indeed under a degree of panic.

Concerning the Democratic debate, the corporate media did everything to present Clinton as the winner, but the social media clearly voted for Sanders. This result gave another reason for the establishment to worry.

So, there is no question that the system will definitely promote Hillary Clinton, knowing that she will serve the neocon agenda, but what about the American people?

Watch the discussion:

5 comments:

  1. I think the "the people" have already spoken by their huge demonstration of inaction. Besides the Occupy movement/protests, We The People continue to deposit our meager wages into accounts at BoA, Citi, Wells Fargo, et al, when there SHOULD have been a mass movement out of these soul sucking institutions into local banks or credit unions.
    We continue to enrich them by employing their credit cards to further shackle ourselves to them as the drag us deeper into the trap of debt slavery. Not satisfied in our need for self-destruction, we continue to purchase homes, using loans from Satan's Spawn, that were illegally foreclosed on by the very same financial parasites thus demonstrating our complete surrender to the whims of our wealthy overlords.
    I have no faith in "the people".

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    1. Yes...the effort of changing over to a local credit union shows you really care, not just talk.
      It means your meager wages and savings will buy used cars for local people to drive to work and pick up their kids. It means people can put up fences for their families and dogs, it means a thousand things for the local population.

      So why don't the talkers do that? Because they want to talk, not act. They're hypocrites.

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    2. I closed all of my bank accounts and canceled all credit cards with any bank that accepted TARP funds. I now bank with a small local institution, Farmers & Merchants Bank. I also refuse to use any ATM which is operated by a bank which received TARP funds. I will not give them one single penny more.

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    3. I closed all of my bank accounts and canceled all credit cards with any bank that accepted TARP funds. I now bank with a small local institution, Farmers & Merchants Bank. I also refuse to use any ATM which is operated by a bank which received TARP funds. I will not give them one single penny more.

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  2. Important to remember the parasitism is facilitated by a New Deal impulse to sponsor home purchase by low downs and cheap financing through GSEs like Fannie Mae and Freddie Mac which have been tasked by government to assume mortgage debt from private lenders. The consequence, of course, is that taxpayers likewise assume the inherently higher risk attached to that public policy.

    Banksters (both public and private) naturally take advantage of this largess for personal gain, knowing they will be personally excused for their "mistakes" and their TBF institutions will likely survive by massive bailout from the public treasury. That means they have virtually no downside risk and virtually unlimited upside potential profit. So what's not to like?

    The recently-departed FED head now says criminal banksters should have gone to prison. But he didn't say that when it was happening on his watch. He just wrote checks and drove the getaway car.

    Official silence is complicity and it's the hallmark of our times that nobody risks the wrath of career politicians systematically bought off by the usual well-heeled suspects who feed from the public trough. As long as government continues to fund mortgage lending, standards will be periodically abused for personal gain -- as sure as little baby rabbits.

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