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Michael Collins: Obama Embraces The Money Party

  • Posted on: 13 June 2011
  • By: MichaelCollins

Michael Collins

It's time for Plan B. The White House is about to be sold to the same people who bought it in 2008. The front page of today's New York Times says it all. President Obama is on the hunt for campaign cash and the Wall Street crowd represents his main target. After all, he and his "good friend Tim" (Geithner) delivered in the biggest way possible. Obama must be thinking that it's payback time! Pony up fellas.

This much is clear. There will be no federal prosecutions of Wall Street crooks for the 2008 financial collapse, no day of judgment for massive mortgage fraud before, during and after the housing bubble, and no representation for the people the in the White House, no matter who wins in 2012. Populist rhetoric will guarantee a place on the no-fly list for any who stray from the new party line.

The Times article resorts to irony right out of the gate:

"Mr. Obama, who enraged many financial industry executives a year and a half ago by labeling them “fat cats” and criticizing their bonuses, followed up the meeting with phone calls to those who could not attend." New York Times, June 13

Libya, Gas Prices, and the Big Payday at Your Expense

  • Posted on: 7 March 2011
  • By: MichaelCollins

Another Triumph for The Money Party

Michael Collins

The average price for a gallon of gas rose 30% from $2.69 in July 2010 to $3.49 as of March 6. Most of that 30% has come in just the last few days.

We're about to embark on another period of let the markets take care of it. The Money Party manipulators are again jerking citizens around in the old bottom-up wealth redistribution program. Their imagineers are writing the storyline right now.

The conflict in Libya is causing the spike in oil prices over the past ten days or so according to the media script. Take a look at the chart to the right. Can you find Libya among the top fifteen nations supplying the United States with crude oil?

Why the Current Panic Over Gas Prices?

The general explanation points to the crisis in Libya as the proximate cause. The anti Gaddafi regime revolution began in earnest on February 17. But if the Libyan revolution were the cause, we'd have to attribute a 50% drop in a 2% share of the world's oil supply as the cause of the panic. We would also have to attribute the increase in US gas prices to a nation that doesn't impact the US crude oil supply and, as a result, should not impact the price of gas here..

The "skills shortage" lie on unemployment DEMOLISHED

  • Posted on: 10 October 2010
  • By: MichaelCollins


Robert Oak at Economic Populist has rebutted the notion that hiring is stalled due to a "skills shortage." The latest news from the masters of disaster is that there are 5 million jobs in the United States open because of a skills shortage. Not so! as Oak skill fully demonstrates as he demolishes that claim empirically.
See: Blame Employers for the Jobs Crisis - Economic Populist

There is no skills shortage, there never was a skill shortage. There is a shortage of good employers who do not discriminate, age discriminate, ship jobs to India, China, Brazil and treat their workers like cannon fodder. There also is a shortage of jobs, pure and simple. Put U.S. workers first. Demand these employers quit their inane, harsh, wage repressing, discriminatory labor practices. Put a few of of these traitorous employers in jail and sue 'em. Deal with trade and offshore outsourcing, invest in America and Americans. Then and only then will we might actually get somewhere to putting people back to work. Robert Oak

Lawless Nation - Congress

  • Posted on: 8 October 2010
  • By: MichaelCollins

By Michael Collins Part II of III (Part I) WASHINGTON - Placed in office through legalized bribery, supported by public funding for their every need, protected against the laws that we're expected to obey, Congress represents the epitome of lawlessness; lawmakers who have no regard for the law. (Image)

Members of Congress are different. They get to retire at age 62 with lifetime pensions and health benefits. To qualify, they need just five years of service. They get free phone, mail, and other communications plus paid domestic and foreign travel. Supposedly, they're not allowed to take gifts but the list of exceptions offers plenty of room for luxurious appreciation.

The biggest gift of all - a six to seven figure job with a major corporation or lobbying firm right after retirement - is still fair game for any member. The revolving door never stops.