At first they ignored the Tea Party. Then they mocked it. Now they characterize it as an existential threat.
Democrats seek to pin credit downgrade on tea party, Washington Times, 7 August 2011.
It is a measure of the arrogance and desperation of this bankrupt system’s defenders that they think they can pin the blame for unsustainable debt on the one political group that’s actually opposed to it.
(Cartoon via US News and World Report.)
The Madoff Circle: Who Knew What?, by Jake Bernstein, ProPublica:
What these men undeniably shared were similar backgrounds and interests. Based largely in New York and South Florida, they moved through parallel milieus of affluent Jewish country clubs and synagogues. They were active in similar philanthropies and served on the boards of foundations, universities and yeshivas.
The cast of characters, spelled out mostly in complaints filed by the trustee and the SEC, includes: Carl Shapiro,, 97, a Boston-based philanthropist who made one fortune in ladies dresses and a larger one with Madoff; Robert Jaffe, 66, Shapiro’s son-in-law; Maurice “Sonny” Cohn, 79, a onetime Madoff neighbor turned business partner; Stanley Chais, 83, a close friend of Madoff’s for more than 50 years and one of his earliest investors; and Jeffry Picower, a lawyer and accountant, who recently died of a heart attack at 67.
None of these men has been charged criminally. Thus far, federal authorities have indicated in court filings that just one of them – Chais – is the subject of a criminal inquiry. A year ago, The Wall Street Journal, citing anonymous sources, reported that the U.S. Attorney’s Office in Manhattan was investigating at least eight investors, including Picower, Chais and Shapiro.
All have denied being anything but victims of Madoff’s.
Chais, Cohn and Jaffe have drawn considerable ire from investors for running so-called feeder funds that channeled huge sums into Madoff’s investment business. Jaffe alone funneled more than $1 billion of investor money to Madoff, according to the SEC. He worked with Cohn in a business called Cohmad – a contraction of Cohn and Madoff – that operated out of Madoff’s offices. Contrary to what some investors in the funds believed, it appears the men did little to manage the money beyond simply collecting it for delivery to Madoff.
Members of this circle not only did far better than other investors, who averaged 10 percent to 12 percent returns annually, they also had a highly unusual level of input into the nature of their returns.
Bernie Madoff
His scheme is alleged to have been helped by wealthy investors who “knew or willfully ignored” signs that it was a fraud.Jeffry Picower, 67
This lawyer, accountant, and noted philanthropist is alleged to have reaped the most from Madoff’s scheme – $7.2 billion. He died recently of a heart attack.Carl Shapiro, 97
A Boston-based philanthropist who made a fortune in ladies fashion and allegedly as much as $1 billion from Madoff.Stanley Chais, 83
A close Madoff friend for more than 50 years. He and his family are alleged to have withdrawn approximately $200 million more than they invested with Madoff.Robert Jaffe, 66
Shapiro’s son-in-law is believed to have funneled more than $1 billion of investor money to Madoff.Maurice Cohn, 79
Madoff’s former neighbor and business partner, he worked with Jaffe at a business called Cohmad, which allegedly did little else for investors beyond sending money to Madoff.
Illegal immigrant population in Georgia doubles, confirms changing migration trends – latimes.com:
In the years since [the Olympic Games came to Atlanta in 1996], the number of illegal immigrants living in Georgia has skyrocketed, more than doubling to 480,000 from January 2000 to January 2009, according to a new federal report. That gave Georgia the greatest percentage increase among the 10 states with the biggest illegal immigrant populations during those years.
The article concerns a new federal report, but it does not link it, provide a title, or reveal which government agency produced it. I checked google news and the top immigration websites I know and couldn’t find any other mention of it. The main purpose of this AP article is put a positive spin on immigration.
The main point of the article is that immigration is good for “the economy”. This claim was dubious even before the housing/securitization pyramid scheme collapsed. It is beyond mendacious now.
“In a way it could be a sort of badge of success to have a higher undocumented immigrant population” because it means the economy is strong, [Demographer William] Frey [of the Brookings Institution] said.
Hospitals closing, prisons overflowing, schools failing, higher taxes, more graffiti, White flight, all brought by an alien underclass that resents the formerly safe communities to which they have immigrated. None of this would be different if their immigration were legal. Obviously aliens think immigrating is good for them, otherwise they wouldn’t do it and they wouldn’t stay. The problem is that what is good for them or “the economy” isn’t good for the rest of us.
The article concludes with this gem:
“The only way you’re going to get the illegal immigrant population in Georgia to go down is to legalize them or get rid of the jobs,” said Dowell Myers, a specialist in demographic trends at the University of Southern California.
The jobs, and that excuse for immigration, are gone. But hey, we can still use this brilliant specialist’s logic to solve all our other problems. Let’s start by reducing the murder, rape, and robbery rates by legalizing murder, rape and robbery or getting rid of the victims.
The people propagandizing in favor of immigrants and “the economy” are aiding and abetting our displacement and dispossession. It’s genocide. That they do it for profit or prestige and have the intelligence and power to define it as legal does not excuse this, it makes it worse.
Send California inmates to Mexico, says Schwarzenegger – Yahoo! News, Jan 25:
“I think that we can do so much better in the prison system alone if we can go and take, inmates for instance, the 20,000 inmates that are illegal immigrants that are here and get them to Mexico,” Schwarzenegger said.
“Think about it — if California gives Mexico the money. Not ‘Hey, you take care of them, these are your citizens’. No. Not at all.
“We pay them to build the prison down in Mexico. And then we have those undocumented immigrants down there in prison. It would half the costs to build the prison and run the prison. We could save a billion dollars right there that could go into higher education.”
California has some of the most overcrowded prisons in the United States, with an estimated 170,000 inmates housed in facilities designed for 100,000 people, according to 2007 figures.
Yes, think about it. The cost of the alien invasion never came up during the budget crisis just a few months ago, and here we’re getting just a small glimpse of it.
What Schwarzenegger admits is that about 12% of the prisoners in California are known to be illegal alien mexicans who cost the state some $2B per year. This does not account for the cost of criminal aliens who aren’t here illegally or aren’t mexican. It also doesn’t account for the cost to apprehend and prosecute these aliens, nor the costs to their many victims in human and financial terms.
California has been overrun by non-White aliens. Now it’s bankrupt. And the other most populated, most invaded states – Texas, Florida, New York – are following California’s lead. There is no clearer example than this that our government is corrupt and illegitimate. In any other time or place a governor worthy of the title would indeed say, “Hey, you take care of them, these are your citizens”, and he would have said it while sending them home, before they had a chance to do us any harm.
I ran into an interesting statement in the February issue of Wired that neatly captures the essence of the plutocracy’s current dilemma. The statement came from Peter Thiel – “billionaire”, “staunch libertarian”, and “VC philanthropist” – in Utopian Pessimist Calls on Radical Tech to Save Economy:
Wired: What happens if we don’t get the growth everyone expects?
Thiel: If it doesn’t happen, people will go bankrupt in retirement. There are systemic consequences, too. If we don’t have enough growth, we will see a powerful shift away from capitalism. There are good things and bad things about capitalism, but inequality becomes completely intolerable to society when everything’s static.
“The economy”, such as it is today, is essentially a pyramid scheme. Its “health” hinges entirely on growth. More people, more consumption, more loans, more interest, and more profits, especially for those on top. The plutocrats fear that if the growth ever stops, or even pauses for any length of time, the jig is up.
Is Thiel, like so many other “philanthropist” plutocrats, jewish?
He’s hated for supporting NumbersUSA and has written a book criticizing multiculturalism, two things rather untypical of jews.
With friends like these … Tom Hodgkinson on the politics of the people behind Facebook, 14 January 2008:
But Thiel is more than just a clever and avaricious capitalist. He is a futurist philosopher and neocon activist. A philosophy graduate from Stanford, in 1998 he co-wrote a book called The Diversity Myth, which is a detailed attack on liberalism and the multiculturalist ideology that dominated Stanford. He claimed that the “multiculture” led to a lessening of individual freedoms. While a student at Stanford, Thiel founded a rightwing journal, still up and running, called The Stanford Review – motto: Fiat Lux (“Let there be light”). Thiel is a member of TheVanguard.Org, an internet-based neoconservative pressure group that was set up to attack MoveOn.org, a liberal pressure group that works on the web. Thiel calls himself “way libertarian”.
Thiel says that PayPal was motivated by this belief: that you can find value not in real manufactured objects, but in the relations between human beings. PayPal was a way of moving money around the world with no restriction. Bloomberg Markets puts it like this: “For Thiel, PayPal was all about freedom: it would enable people to skirt currency controls and move money around the globe.”
Thiel is #377 on the 2009 Forbes 400, but he isn’t counted as jewish (“either personally or in their giving”) by Jacob Berkman in Jewish Philanthropy Navigates The Economy’s Rough Seas.
The authors of Jews On The Internet and The Jewish hand behind Internet come from polar opposite views on jewish influence, but they both agree Thiel is a jew.
George Soros, another plutocrat who definitely is a jew, was quoted in the news today offering his underling in the White House some public advice.
Davos Soros: Obama reform plan not tough enough – Times Online:
Mr Soros told delegates: “To tax the banks when they are doing everything they can to get out of a hole is the exact opposite of the policy you are trying to pursue…This development came too soon because the banks are not out of the woods.”
Mr Soros also said governments around the world needed to continue spending, even if they had sizeable budget deficits, to avoid the risk of a double dip recession.
What Soros is saying is: tax and indebt the masses, not the plutocrats.
Other bankers expressed concern over “stifling growth”.
As Hunter Wallace put it:
Democracy: the theory that you have as much power and influence as George Soros.
You could say the same about any plutocrat. But the power and influence of Thiel, Soros, David Gelbaum, and other jewish plutocrats is compounded by its tribally-networked nature. What comes through clearly in the Berkman article is the “supremacism” with which jews view their collective power, and the unapologetically “racist” way in which they direct so much of their “philanthropy” to fellow jews. What should make this situation troubling for any White, rich or poor, is that jews do it under the aegis of a regime which favors and defends jews and jewish interests even as it directs fear and hatred toward Whites.
Where are the mainstream media’s fierce critics, the speakers of truth to power? Like the figureheads in our illegitimate government they’ll bash powerless White “teabaggers” with glee, but they’re afraid to question their jewish overlords.
