Illuminating the Illuminati: Charles Schumer and Barney Frank Are Owned By The Big Banks

Here's a winning formula for our society, wouldn't you agree? Let's entrust our politicians to regulate an industry, then have the heads of that industry become the bureaucrats who are entrusted to carry out those regulations, and when things go wrong from all that cronyism, let's have give tons of welfare money to the giant corporations in that industry which can then use that money to donate to their politicians who can then win votes to continue to regulate that now insolvent industry.

The executives and managers at Citigroup (C), Goldman Sachs (GS), Bank of America (BAC), Morgan Stanley (MS) and the rest of the big Wall Street corporations -- including Chuck Prince and Hank Paulson -- lied to all of us for years about the value of their assets. A lot of those guys who used to run the banks are now charged with regulating and/or doling out trillions of dollars in welfare to their former partners. Yeah, these bankers sucked trillions of dollars in "earnings" built upon those lies out of the economy and instead of saving those trillions for a rainy day when their lies stopped working, they paid themselves and a few of their closest friends most of that money in bonuses and salaries.

And who was "regulating" all of this gamesmanship? Your socialist Republican/Democrats, of course. Including Barney Frank and Chuck Schumer.

These are the same guys that you think are going to fix the mess they and their cronies have created. Why do I call Frank and Schumer and the banking industry a bunch of cronies?

Let's think this through for a minute here....Charles Schumer has taken in more than $6 million in donations from the bankers on Wall Street. Then Schumer takes a trillion dollars of welfare money that could have gone to feed starving children in West Virginia, and instead, gives that welfare to these same bankers, who I continue to point out should be in prison for either fraud or criminal negligence, who "donated" him $6 million.

Now that Citigroup and the rest of the companies who have destroyed our economy didn't get shut down and broken apart and punished badly for their crimes, but instead have been able to restock their balance sheets with the welfare they just got, they'll be able to continue to "donate" millions to the very guys who were supposed to have stopped them from destroying our economy (and should be fighting to punish the crooks now)....

Any donations to any politician from any bank or company or industry that's gotten welfare payments should be immediately suspended and donated to the US budget deficit. After all, without the welfare from the government these companies wouldn't be able to "donate" to the politicians who then give them the welfare they've just received from the politicians they just donated to.

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And then of course there was last night's puff piece on Barney Frank from CBS' 60 Minutes last night. Does it make you sleep better at night knowing that yet another Harvard grad who's spent 14 terms (count 'em baby!) supposedly regulating the investment banks which have destroyed our economy through their fraud and incompetence is on the job still? Surely it makes you feel better to know, at least, that despite have taken countless donations from Fannie Mae (FNM) and Freddie Mac (FRE) and even having an ex-lover who was a Fannie Mae executive, he was right on top of regulating this company until it shocked him with its collapse this year.

And certainly you'll sleep better tonight knowing that, according to CBS's Lesley Stahl that "It's no wonder that when "saber tooth" the liberal [Frank] took over the committee that oversees banking, Wall Street shuddered. But two years later, even the most hardened Republicans give him good reviews."

In the two years he's been overseeing the banking industry, it's utterly collapsed and been nationalized and we've even had to give trillions in welfare to the banking industry itself. Who's giving this "good reviews"? Oh, that's right, the same banking industry and its cronies...

Listen to what the financial community says: "Here’s Henry Paulson on Barney Frank: 'He’s a market savvy pragmatist who looks for areas of agreement because he wants to get things done.' Here's a guy from JP Morgan Chase. He said, 'He hasn’t veered off into crazyland.' Meaning liberalism. I've heard someone describe you this way. You're liberal on social issues. You're a pragmatist on economic issues," Stahl remarks.

The guy at JP Morgan, which just received billions in welfare payments from Barney and Paulson doesn't think rewarding those crooks like himself who have destroyed our economy with their lies and incompetence doesn't think that's "crazyland". Hellooooo?! Earth to JP Morgan exec!

You guys thought I was joking about calling these bankers and the politicians they obviously own the "Illuminati". Here's a definition of Illuminati:

Illuminati - individuals who are part of a secretive, historical organization that is comprised of mostly influential members with political and/or financial clout.

Schumer, Frank, Paulson, Bush, McCain, Palin, Pelosi, Obama and every single other politician and bureaucrat who has taken money from these crooks/insiders/bankers and then gave welfare money to these crooks/insiders/bankers are part of the problem. They are, by definition, part of the Illuminati.

I repeat -- Any donations to any politician from any bank or company or industry that's gotten welfare payments should be immediately suspended and donated to the budget. After all, without the welfare from the government these companies wouldn't be able to "donate" to the politicians who then give them the welfare they've just received from the politicians they just donated to.

PS. Let's shoot for some levity? Complete one or both of these lines and post your answers in the comments area of my blog --

How do you tell the difference between a bureaucrat and an investment banker?

How do you tell the difference between someone who survives on Medicaid and someone who survives on TARP?

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