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Jan 28

Written by: Diana West
Wednesday, January 28, 2009 7:49 AM 

Photo: Fox confirmed as Secretary of the Henhouse

What Cliff Kincaid has been reporting at AIM about the USTreasury is the stuff of revolution, or at least Brechtian-style theater: thieving Wall Street bankers in cahoots with corrupted government officials gobbling up billions on behalf of global corporations and enemy (Chinese) interests.The twist on the stereotype though is that the corrupted government officials are Democrats of the change-you-can-believe-in school.

Here's Cliff's latest: "Wall Street's Marxist Presidential Pawn"

There was big news out of the U.S. Senate on Monday evening but the major media were not paying much attention. By approving exposed tax cheat Timothy Geithner as President Obama’s Treasury Secretary, the Democratic Party was confirming and advertising itself as the party of Wall Street.  

One day earlier, during an appearance on the CBS “Face the Nation” program, Vice President Joe Biden said the Wall Street Banks may need more than the $700 billion they have already been voted. He sounded sympathetic to their cause.

Wall Street control of the Democratic Party may come as a surprise or shock to those who have been led to believe over the years by the liberal media that the Republican Party is the party of fat cats, rich people, and special interests. But the vote count for Geithner, the President of the Federal Reserve Bank of New York, speaks for itself. Of the 60 votes in favor, 50 came from Democrats (including independent Senator Joe Lieberman). Only four Democrats (including independent Bernie Sanders) voted against Geithner.

Wall Street wanted Geithner because he had already been deeply involved in the bailouts of the big banks and had powerful political connections to such groups as the National Committee on U.S.-China Relations, the Group of Thirty, and the Council on Foreign Relations. In short, this former employee of Kissinger Associates was a Wall Street favorite. 

But how could Obama, a controversial figure with a revolutionary Marxist background, communist connections, and socialist worldview, emerge as the favorite of Wall Street interests? The short answer is that he is the perfect front man.

Read it all here.

 

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