As No One Watched, Trump Pardoned 5 Megabanks For Corruption Charges—Who He Owes Millions

by Rachel Blevins, Free Thought Project

While Americans celebrated the holidays, President Trump followed in the footsteps of his predecessors by acting in the interest of Wall Street and using the distraction to do something that was not in the best interest of the American people. He pardoned five megabanks for rampant fraud and corruption, which is especially notable because of the amount of money he owes them.

Trump has been using Deutsche Bank since the 1990s, and Financial Times has reported that he now owes the bank at least $130 million in outstanding loans secured in properties in Miami, Chicago, and Washington. However, the report claimed that the actual number is likely much larger at $300 million.

Reports claimed that Deutsche was the only bank willing to lend Trump money after his companies faced multiple bankruptcies. The relationship has continued over the years, and an analysis from the Wall Street Journal claimed that Trump has received at least $2.5 billion in loans from Deutsche Bank over the last 20 years.

There have been concerns about Trump’s ties to the bank becoming a conflict of interest, dating back to the 2016 election, and the evidence to support those concerns is now becoming clear.

During the week of Christmas, the Federal Register announced that the Trump Administration had issued waivers to Citigroup, JPMorgan, Barclays, UBS and Deutsche Bank—all megabanks facing charges of fraud and corruption.

The banks were involved in the LIBOR Scandal, in which they colluded to deliberately depress the rate at which they paid out on investments. By suppressing the London Interbank Offered Rate (LIBOR) at the beginning of an economic crisis in 2007, the megabanks were able to boost their earnings and to give their customers a false sense of security…

[read more here]

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Trump Betrays his Base Again: Unleashes His Inner Globalist During Illegal Immigration Talk

by Scott Creighton

For two years this website has been warning it’s readers that President Trump is no populist. That his campaign rhetoric was a scam like the many others he ran back in the day when he was simply a silver-spooner businessman whose daddy gave him a fortune, a future and the fame he parlayed into a fake-reality TV show which was the only thing he really knew how to do: pretend to be a big time businessman.

Over the course of the past year, President Trump has flip-flopped on one campaign promise after another just like many other presidents before him. And just like all the others, the turn is always in the direction that favors neoliberal globalization. Obama did it. “W” did it. Clinton did it. Ever since “Poppy” Bush said “read my lips” those of us who are old enough to have heard his promise with our own ears have become tone deaf to the pleadings of wannabe leaders of all flavors.

Or at least we should have.

Whether it’s his promise to end ObamaCare in “the first day in office” or his non-interventionist foreign policy (“let Russia and Syria fight ISIS”) or his promise to “drain the swamp” and “lock her up”… there hardly seems to be a populist promise Donald Trump has made good on. Even his tax reform program served the interests of Big Business and the super rich at the expense of the middle class.

Trump has cut regulations making profits easier for Big Business. He has signed an executive order allowing Big Oil a free hand when it comes to their leaky pipelines. He has bombed a number of civilians overseas with the same drone program he used to criticize Obama for using. He opened the doors of the White House to Goldman Sachs to a degree that no president in the past has ever done. And he has stuffed billionaires into offices where they could undermine the government programs they are running like it’s going out of style even though we know that neoliberalism, the Washington Consensus, will never go out of style.

President Trump’s White House serves the interests of Big Business like few others have done in the past. You can put him right up there with Maggie Thatcher or Augusto Pinochet or Ronald Reagan or Bill Clinton if you like. Wall Street indicators tell you his is a historically anti-populist administration. The stock market doesn’t rush to all-time highs when a real “man of the people” is in office, a political novice can tell you that.

With all of those betrayals of his base (and more) in the record books, perhaps the most ruthless and damning happened just yesterday with a mere 10 days left of his freshman year.

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Trump and the Sunsetting of the Age of Multilateralism

by Scott Creighton

image from The Hindu Dec. 2017

What is happening to the “immutable bylaws of business” as described by Ned Beaty in that famous scene from Network? Are they under attack from within, collapsing under the weight of the logical fallacy of “lets run government like a business” or… is it something else that is troubling the grand plan of the New World Order?

Because, let’s face it… corporatism is the New World Order all of these neoliberals have been working toward for the better part of 60 years. And right now one pillar of the new Corporatist World Order is a little less stable than it was just a few years ago. Why is that? Is it due to a growing backlash from the world population left out of the spoils of neoliberal globalization or is it the beginning of something else? Something perhaps even worse?

And how does President Trump fit into it? Is he a catalyst or the accidental tourist president? Is he leading the global movement against those who see the world as nothing more than a “college of corporations” or it’s reluctant byproduct simply biding his time until he can undermine the growing momentum for “CHANGE” from within like his predecessor did for 8 long years?

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The fate of the American worker (News With Ed video)

from RT

United Steelworkers president Leo Gerard and former president of Communications Workers of America (CWA) Larry Cohen speak to “News with Ed” about the decline of organized labor, the impact of changing trade policy and tax reform, and the likely effects of Donald Trump’s presidency on the future of America’s working families.

Trump’s National Security Speech

Paul Craig Roberts

What do we make of Trump’s national security speech? First of all, it is the military/security complex’s speech, and it is inconsistent with Trump’s intention of normalizing relations with Russia.

The military/security complex, using Trump’s position as President, has defined Russia and China as “revisionist powers,” Washington’s rivals who seek to put their own national interests ahead of Washington’s unilateralism. Russia and China are “revisionist powers” because their assertion of their national interests limits Washington’s hegemony.

In other words, Washington does not accept the validity of other countries’ interests if those interests are contrary to Washington’s interests. So, how does Trump expect to work with Russia and China when he reads a speech that Russia and China seek to “shape a world antithetical to our interests and values.”

“Our values” means, of course, Washington’s dominance.

Trump begins by honoring the military, police, Homeland Security, and the Chairman of the Joint Chiefs of Staff. In other words, “America first” means domination by Washington over the citizenry as well as over foreign countries.

Trump then cloaks himself in the American people who “voted to make America great again.”

Then Trump’s speech picks up the Israel Lobby’s line about a bad deal with Iran and asserts that previous administrations tolerated ISIS, when in fact they created it and set in upon Libya and Syria.

Then he attacks environmental protection and complains of illegal aliens, while ignoring the refugees Washington’s wars imposed on Europe.

In an era of neoconservative celebration of US world hegemony, Trump accuses his predecessors of losing confidence in America. This is extraordinary. When a country’s entire foreign policy is based on the assumption that it is the “exceptional and indispensable country,” how is this a loss of confidence? It is massive arrogance and hubris. The problem is not a loss of confidence by the rulers but an overbearing hubris.

Then Trump claims that through him, Americans again rule their nation.

He says that now Washington is serving the citizens. Looking at the tax bill, he must mean that citizens consist of the One Percent.

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Neoliberal News of the Day Episode 2 Dec. 18, 2017 (AE video)

Neoliberal News is back. Today we talk about the banana republic elections in Latin America and our own FBI-rigged banana republic election from 2016. We talk about the republican tax plan and McKesson killing thousands of our neighbors by dumping narcotics all over our streets for profits and how NO ONE in the Obama administration wanted to hold them accountable for it.

resources available after the link

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Amazon Drivers Urinate In Bottles To Keep Schedule