Unabashed Greed And Financial Fraud Continue Bankrupting America

Bill Lindner
Unabashed greed and fraud perpetrated by Wall Street and the Washington elite has resulted in financially and morally bankrupting America, and despite bogus promises of change you can believe in from President Barack Obama, little or nothing is being done to curtail it. America could easily end up paying a far heavier price than it already has.

The first indication that promises of change would end up being nothing more than smoke being blown up the public's collective butts was when President Obama began putting his cabinet together before taking office. Putting a bunch of former Clinton and Bush officials in charge of key positions was designed to make sure there would be no change and to make sure the crimes committed by those administrations would remain covered. Obama has no intention of reversing George W. Bush's illegally gained dictatorial powers either.

Take Rahm Emanuel for instance. Allegations that Emanuel was an Israeli Mossad agent won't go away despite their best efforts. To the contrary, there is much evidence supporting that claim. Emanuel was discovered to be part of a political intelligence and blackmail operation directed against Clinton by Israel. Israel has had high level spies in America's government for years, and still does today. That Obama would knowingly put an Israeli spy in charge of his White House staff indicates that either Obama is one of them, or Obama is being manipulated by them.

Despite the best efforts to keep the corruption covered up, information is steadily leaking out -- more evidence that is purposely ignored by those in charge because of the damage that will be done when the truth comes out. It takes awhile sometimes, but the truth always manages to eventually appear. Wall Street, aided by Washington corruption, has been escalating its fight against America's 'middle class' for several decades.

Purported change you can believe in has been turned into more of the same -- albeit, sometimes worse. For instance, in talking about Iran's elections, Obama says "I think that the democratic process, free speech, the ability for folks to peacefully dissent, all those are universal values that need to be respected." Obama says things like that about democracy, but his Department of Defense sees peaceful protests as terrorism. What's being said and what's being done are two completely different things. We don't need lies and fairy tales. We need truth and justice.

Perpetrated Fraud Continues Begetting More Fraud

The Obama White House's latest underhanded reverberations of Bush -- led by Rahm Emanuel -- include trying to force Congress into passing legislation that includes $108 billion for the International Monetary Fund (IMF), primarily for bailing out European banks. Fraud perpetrated by the U.S. government continues begetting more fraud.

Some members of Congress balked at Obama's request for $108 billion for the IMF, most of which will end up going to East European countries, not the developing world. West European bankers have proven to be stupidly making bad loans in Eastern Europe that were dominated in euros. More information on that can be found from Fire Dog Lake.

The Obama administration continues utilizing corrupt Bush administration policies, remaining in a state of lawlessness and it appears that White House Chief of Staff Rahm Emanuel is operating rebelliously, with no oversight. Now there are allegations that Emanuel is demanding that Attorney General Eric Holder grant former Federal Reserve Bank of New York Chairman Stephen Friedman immunity from prosecution for his role in the financial fraud that has run rampant in the U.S. Federal government for the past several decades. Ben Bernanke and Alan Greenspan were both responsible for intentionally creating the housing bubble that burst last year and have gotten away with perpetrating fraud for years. Henry Paulsen is another one who needs to be locked up for his role in destroying America's economy.

The Federal Reserve is owned and operated by Zionist Jews. The Federal Reserve Inspector General has no idea of where trillions of dollars -- lent or spent -- went and is not tracking where this money is. Former Bank of America CEO Ken Lewis appears to have lied while under oath during a June 11. 2009 testimony to Congress about BOAs merger with Merrill Lynch. Washington and Wall Street keep lying about the depths of corruption and fraud on Wall Street. This needs to stop. Now.

Offshore Secret CIA Proprietary Accounts In Pakistan

It seems Friedman had some involvement with Alan Greenspan and Bernard Madoff in the looting of the U.S. Treasury, as well as involvement in transferring trillions of dollars to the Bush / Clinton cabal in offshore secret CIA proprietary accounts in Pakistan. Friedman, Greenspan and Madoff -- who is allegedly in a federal prison now -- are only a few of several that belong behind bars for their treasonous actions.

When Rove set up Alabama Governor Don Siegelman, with help from many allies of the Bush adminstration, it may have actually been because Siegelman had uncovered evidence that the Bush / Clinton cabal laundered proceeds from the Iran Contra scandal through a medical supply and rehabilitative health company called Health South with other evidence linking Friedman's Federal Reserve Bank of New York, the Madoff Ponzi scheme, General Electric and the Chicago Mercantile Exchange. Siegelman's case is one blatant example proving that the politicization of our justice system -- that became painfully evident under Bush -- is still running rampant.

Illinois -- Obama's stomping grounds -- has major problems with bribary of elected officials. Much of the money transferred to secret offshore CIA accounts was used to bribe Republican and Democratic elected Illinois officials. Patrick Fitzgerald, U.S. Attorney for the Northern District of Illinois appears to be heavily involved with the Bush / Clinton cabal, as well as George H.W. Bush.

The scandal involving former Democratic Illinois Governor Rod Blagojevich -- as with the scandal involving former New York Governor Elliot Spitzer -- appear to have been used as smoke screens to divert attention away from the real criminal activities of Rahm Emanuel and Karl Rove. It also appears that Bush-appointed Alabama Judge Mark Fuller took a $300,000 bribe to arrange a frame up trial against former Alabama Governor Don Siegelman.

A lot more disturbing allegations, including ways the media continues deceiving the public -- using Bush's torture to avoid dealing with real issues such as Bush's order to illegaly wiretap Americans several months before he complicity allowed the attacks of 9/11, which appear to have Israeli involvement, as well as the continual looting of the U.S. Treasury by the treasonous Federal Reserve -- can be found in this article from The Dockers Union. The government, including the Department of Defense, has been in cahoots with America's main stream media for years, which is why Americans have such a hard time getting the truth.

The Fed has also been implicated in manipulating the stock market and keeps getting away with some very serious crimes. The Fed had the power to stop the mortgage crisis before it started but they didn't -- for obvious reasons. Letting the Fed police itself is like having the CIA, the NSA and Congress policing themselves -- a complete waste of time that has repeatedly proven to be very costly because all they do is cover up their own crimes. The Fed has been manipulating funds for years. It's time for an audit of the Federal Reserve and it's time for them to be held accountable too, not to mention, time to get our money back. The U.S. government has turned out to be one major crime ring.

Obama Backtracking On Financial Reform

The world has had enough of propping up America's inflated dollar and maintaining the massive federal budget deficits. America is about to pay even more for the greed and fraud perpetrated against it by Wall Street and Washington. America is bankrupt. Russia, China and four other nations have begun holding meetings to figure out how to replace the dollar as the world's reserve currency.

If the dollar is successfully replaced as the world's reserve currency, the value of the dollar will plummet and the cost of imports, including oil -- the cost of which has been exploited for years -- will skyrocket, interest rates will climb and more American workers will lose their jobs. The goal of these meetings is to build a 'multipolar world order' that will break the economic and, by extension, military domination by the United States. The U.S. spends more money on its military than any other country in the world. Once the dollar deflates as it will if replaced as the world's reserve currency, the American empire will collapse. More information on America's bankruptcy and Wall Street's ongoing battle against the 'middle class' can be found in this article from TruthDig.


As with most other facets of the Obama administration's inheritance of Bush administration malfeasance, Obama is also backtracking on his promises of regulating the financial industry, partially due to being bought off by lobbyists and partially due to Congressional corruption. Putting limits on bankers' pay has already been rejected by the Obama administration. Promises of tough reforms and an overhaul of financial regulations are being quickly reneged on as well.

The Obama administration appears to be throwing away an opportunity to aggressively instill regulations that would change the U.S. financial system. Allowing Treasury Secretary Timothy Geithner, one of the main perpetrators in the government's ongoing financial fraud, to create a more effective and regulatory structure to prevent the corruption that he personally oversaw -- corruption that has imploded the world's economy -- is not a good idea. The 'regulatory' systems in place to oversee America'a financial system now are an extremely bad joke. Geithner has lied and cheated repeatedly to make the banks look more solvent than they really are.

Changing rules around to accommodate all the fraud is only a temporary solution that does not solve the problem, and if history is any indication, it usually ends up making the problem worse. Obama's 'economic reform' was contrived from many compromises with industry executives and lawmakers -- revealing yet again that he and most of Congress are still doing the bidding of Wall Street. Obama has the power to change it, but he won't. Obama's reform will most likely end up being another case of too little, too late. Creating more useless, costly positions paid for by taxpayers won't fix the problem either.

Despite the financial crisis created by all the fraud in Washington and on Wall Street, implementing plans for radical change won't be happening anytime soon. Wall Street still owns most of Congress, having bought and paid for most of them years ago. Until the corrupted Congress critters are removed from office -- or better yet, locked up -- reining in Wall Street corruption isn't going to happen. As I've stated before, there are many in Congress who have been there entirely too long. More on how talk of financial reform is ending up being more of all talk and no action for Obama can be found in this report from Market Mix Up.

House Financial Services Committee Members Had Large Personal Stakes In Wall Street

Recently released disclosure reports reportedly show that top House of Representative lawmakers had considerable holdings in major financial institutions that took billions of dollars in the fraudulent bailouts courtesy of taxpayers last year.

More than 20 House leaders, 18 of which are members of the House Financial Services Committee -- yet more proof that Congressional 'oversight' is nothing but a major joke -- had large personal stakes in Wall Street, including stock holdings, retirement funds and mortgages. Some of these lawmakers sold their holdings at steep losses, while others, like the rest of us, held onto stocks that have greatly diminished in value.

Dick Durbin (D-IL), the Senate's No. 2 Democrat reportedly sold more than $115,000 worth of stocks and mutual-fund shares as the U.S. stock markets started their downward, out of control spiral last September and invested much of it in Warren Buffett's Berkshire Hathaway Inc. -- one day after Congressional leaders held a closed meeting with Henry Paulson and Ben Bernanke who urged them to create legislation that would help financially troubled banks.

Altogether, Durbin sold $116,000 of stock in September. By October 2, he had invested $98,046 in Buffett's company. Durbin's spokesman Joe Shoemaker says the Senator was doing what a lot of other people were doing, getting out of the market to save some money before the markets started tanking. Last September, who knew how low the market was going to go? Apparently Paulson and Bernanke did.

Cheney's Rap Sheet, Like His Crimes, Continues Growing

Cheney's rap sheet of crimes perpetrated in Iraq and in the U.S. continues growing. While vice president, Dick Cheney reportedly amassed a fortune in cash that was stolen by U.S. occupation forces in Iraq from Saddam Hussein and some of his leading officials and advisers. Part of that money is being used by Cheney to fund his opposition of the Obama administration while paying secretive loyalist moles that were planted deep inside the federal government and left behind by Cheney. Too many of Cheney's loyalists are still in key positions -- one more thing that needs to be closely scrutinized and corrected. Cheney'e connection to the secret offshore CIA bank accounts also needs closer scrutinization.

The CIA and the military are still in cahoots with Cheney, doing everything they can to keep his treasonous actions covered up. Information that was reported by U.S. enlisted personnel to 'higher-ups' regarding the multi-billion dollar theft was constantly ignored, leading one to believe that the involvement of military officers in stealing billions from Iraq was orchestrated and that some officers were and probably still are, in cahoots with Cheney. Deliberately covering up crimes, as the CIA and the Federal government continues to do, is a crime.

Money after money after money -- with little or no accountability -- has been thrown away on the illegal wars in Iraq and Afghanistan. Multiple billions remain unaccounted for. The Pentagon is still missing over $2 trillion. You want to find out where it went, start at the top of the Bush administration and work your way down. Congress has repeatedly proven that it is incapable of providing effective oversight of anything. Despite Wall Street's -- and some in Congress -- false delusions that the danger from the financial fraud appears to have passed, it hasn't. The games being played to hide the truth will inevitably come back to haunt us.

It Appears Obama Is Running Bush's Third Term

If Washington spent as much time taking care of the American people they allegedly serve instead of fraudulently creating their own secret laws, we wouldn't be in the mess we're in. The politicization of the courts and the Justice department have also cost this country dearly. It's also time to change how Judges are appointed and how long they serve, especially when appointed by corrupted presidents.

You know you're in for a long four years when Eric Holder, Obama's Attorney General, changes his tune less than 5 months after taking office -- before taking office, he said that violating FISA breaks the law -- now he squirms and lies to Congress under oath, refusing to stand by what he said a year ago, choosing instead to follow the same path as all of Bush's politicized Attorneys General. Lying under oath is a crime, regardless of who it is that's lying. Not a good sign Mr. Attorney General. Unfortunately it appears that the Obama administration is running Bush's third term.

As Michael Hasty noted in his "Constitution 2.0" OpEdNews article, "American democracy truly died when the national security establishment murdered John F. Kennedy. And until more people start admitting that to themselves, and wake up from their media-induced hypnosis, we will be trapped in our ever-present downward spiral of Wall Street thievery, environmental destruction, media brainwashing, rampant militarism and random planetary violence, all legitimized by our nostalgic faith in a no longer functioning document." It's time to right the egregious wrongs that have plagued this country for the past several decades.

Obama's promises of change and transparency have repeatedly proven to be nothing more than lip service. Mr. President, it's time to change that. You sir, need to stop emulating Bush's legacy and start doing what you said you would. Fraud and deception on Wall Street and in Washington continues growing unabaited. Again, everything -- beginning with Bush's appointment to the Presidency and everything that has happened since -- needs to be investigated and the crooks in Washington need to be put in a prison cell, regardless of who they are. Until there is accountability and an honest, indepth investigation into all the corruption in Washington, nothing is going to change and America will continue its despairing downward spiral.
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Bill Lindner

I began writing in January 2006 when I became a contributor to the Infopackets Gazette (infopackets.com). Six months later I began my own blog (billslinksandmore.com/Billsblog). I also write for The Digital Journal.

After spending three and a half years majoring in Criminal Justice -- research and investigations are two of the things I do best and enjoy the most -- in college, only to find out how dysfunctional it really was, I ended up going into the medical field.

If there is anything you would like more information on or information you'd like to share, feel free to contact me through my web page.