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Sunday, August 12, 2012

Obfuscation Nation

With the Romney/Ryan campaign now fully underway and with the excitement for campaign politics renewed in the press, I just want to note once again how many are forgetting about the issue of Mitts tax returns and how much of his money he is hiding in the Caymans. Luckily my good followers on Twitter as well as many others have not forgotten to press him on the returns, lest he gets away with shifting the focus away from his most likely absurdly low tax rates and the possibility that he received amnesty for illegally hiding his money in Switzerland.

This whole campaign shift just serves to remind me of how much politicians in general hide from public scrutiny. These days we know so little about the people in power or who want to be in power. We have super-pacs that are not required to disclose donors leading to unlimited dark money going to campaigns from who knows where. Eccentric & often shady billionaires like the Koch's sinking millions of dollars into right wing causes, think tanks and bribing foreign governments. 
Not to mention the huge amount of Koch money that went to Scott Walker in Wisconsin.

What we live in today is an era of dark money, shady billionaires, and bought politicians. A blip in the news cycle last week showed just how much influence Goldman Sachs has on even the Obama administration. Goldman testified before the Michigan senator Carl Levin about how the emails showing that Goldman execs knew they selling toxic crap securities to customers that were packaged as good deals. Yet Goldman denies wrongdoing for its role in the 2008 housing bubble crash. Though Goldman denies any wrongdoing for its role in selling a "shitty deal" to investors they still paid a $550 Million fine for it.

Who the fuck pays a fine if they didn't do anything wrong?

Eric Holder, the AG for the Obama Administration denied finding what they did to be wrong and therefore will not prosecute Goldman Sachs, so according to Holder, lying to investors, packaging bad securities, and helping to crash the economy is perfectly legal so long as you pay a token fine (They can easily afford it, since they made billions off it and through free money from the Fed) I should note that Goldman Sachs was one the largest contributors to the Obama campaign in '08, but has jumped ship to support Romney and Ryan.

This is an example of how another veil thrown onto those who have the money and power to placate the people. Thing is, the people aren't stupid, we're catching on to how things really work, and we're going to try and put a stop to it.

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