Tuesday, June 19, 2012

Nerobama's transparency

The LaRouche Political Action Committee has learned that former Federal Reserve Board Chairman Paul Volcker is conducting a call-up campaign against the reinstatement of Glass Steagall....
It has been further confirmed by top Democratic Party sources that the Volcker calls to pro-Glass Steagall economists and politicians is part of a larger push by the Obama White House to push back against Glass Steagall. 
from Volcker Confesses to $2 Trillion Swindle Against the American People

Once again, I am at a loss for words to describe the Snake-in-Chief's sliminess, monumental duplicity and hypocrisy, and craven subservience to the British empire. To be a traitor, he'd have to be an American, and we know that's not true in any sense. Because he knows he can't win on a level playing field, he uses Volker, the economic equivalent of the Wizard of Oz, to bypass open debate and approach each Glass-Stegall supporter in secret, posing as a trustworthy authority, to fraudulently assure them that Glass-Steagall isn't necessary, and perhaps to deliver an implicit threat. He doesn't care if he's proven wrong by the consequences of a failure to adopt Glass-Steagall, because by that time, the US will be destroyed and Volker will be in London. A good, recent article on the need for Glass-Steagall (which includes more indications that Volker has been running a stealth soul-snatching campaign) can be found here.