Big-Banks

okay @ all of france i really really REALLY need you to go vote in the second round, PLEASE.

if you don’t want le pen to win, vote for macron. it’s that easy.

no “she’ll never win anyway”. that’s how brexit happened.  

no “but he’s not great either”, that’s how trump got elected.

no “I’m abstaining because i want to send a message”, that’s just plain stupid and i hope i don’t have to explain why oh my god. PLEASE.


If Le Pen wins, the EU is finished. Yes I’m german and I’m openly admitting that without France, we can’t do it. 
If she manages to win the election she’ll also be able to get France to leave the EU, and that will be a desaster for everyone involved.
Look up how absolutely fantastic the Brexit negotiations are going if you’re still on the fence about that.


It’s a very similar situation to the one the US was in last year.
One 
“ugh a boring politician they’re not exciting and has ties to the big banks and voting for them won’t change anything god i hate the system”
candidate
versus one 
oh look a charismatic fascist who will probably literally kill us all and throw the country, if not the continent, into utter chaos” candidate.

please think twice before you say it’s a choice between two evils. it’s not pest oder cholera, at the very worst it’s a stubbed toe versus lung cancer, and the lung cancer’s best chances lie in people not voting at all.

2

Google Doodle honors Esther Afua Ocloo, who helped millions of low-income women secure loans

  • A Ghanian businesswoman named Esther Afua Ocloo earned the honors of a Google Doodle on Tuesday to celebrate what would have been her 98th birthday.
  • Ocloo was a pioneer in the field of microlending, which are small loans issued by people instead of banks. 
  • Such loans have become the bread-and-butter of working-class business owners in many African countries who want to avoid the traps of turning to big banks, which too often ignore poor black women.
  • Ocloo knew those traps well. Known endearingly as “Auntie Ocloo,” she began building her own marmalade business in the 1930s, according to Time
  • She spent the next 40 years learning how to start and run a business, and was later invited to the first United Nations Conference on Women in 1975. Read more (4/18/17)

follow @the-movemnt

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Trump’s Banksters and the Rollback of Dodd-Frank

Donald Trump has ordered a rollback of regulations over Wall Street, including the Dodd-Frank Act, passed in 2010 to prevent another too-big-to-fail banking crisis.

Perhaps Trump thinks that we’ve forgotten what happened when Wall Street turned the economy into a giant casino, and then – when its bets went sour in 2008 – needed a giant taxpayer funded bailout.

Maybe Trump thinks Americans forget losing their jobs, homes, and savings in the fallout.

Many people who voted for Trump got shafted. I hope they haven’t forgotten that while they suffered, not a single bank executive went to jail.  

Trump supporters need to join with Democrats and progressives in stopping this rollback, and holding Trump accountable.

The biggest banks are far bigger today than they were in 2008. Then, the five largest had 25 percent of U.S. banking assets. Today they have 44 percent. 

If they were too big to fail then, they’re too big period now. 

Getting rid of Dodd-Frank triples the odds of another financial crisis. 

Meanwhile, Trump has brought more banksters into his administration than any in any previous administration – mostly, from Goldman Sachs. 

The head of Trump’s economic council is Gary Cohn who was president of Goldman Sachs. Other Goldman alumni include Trump’s right hand man, Steve Bannon, Trump’s pick for Treasury, Steve Mnuchin, Trump’s pick for the securities and exchange commission, Jay Clayton and another White House advisor, Dina Powell. 

Now remember, a decade ago, Goldman Sachs defrauded investors and ripped off its customers and it’s paid nearly $9 billion in government fines. 

Many of Trump’s banksters were there at that time. 

Don’t let Trump and the Republicans endanger our economy again. Let’s not make the same mistake twice.

5

NEOLIBERALISM is that politician who’s just a tad too friendly with big business & Wall Street banks, but not very friendly to teachers and labor unions. Neoliberalism is “socially liberal, but very fiscally conservative

Neoliberalism is for good things like marriage equality, but its also in favor of terrible things like private prisons, mass incarceration, privatized schools, gutting welfare, “means testing” basic social services, and approving the keystone pipeline

Neoliberalism never goes hard in the paint for a $15 an hour minimum wage

Neoliberalism is putting a smiley face on harmful Republican fiscal policies

Neoliberalism is soft conservatism

2

Jeff Sessions is tough on crime and Mexico — but not big banks who let cartels launder money

  • Attorney General Jeff Sessions is tough on crime. He’s tough on immigration. His Justice Department wants to bring back the strictest penalties issuable for low-level drug offenses while ICE ramps up s on undocumented immigrants.
  • Unless, that is, it’s a bank committing crimes.
  • Earlier this week, the Department of Justice agreed not to prosecute Citigroup’s Mexican subsidiary Banamex. 
  • Banamex failed to bring attention to over a billion dollars in strange transactions flowing into Mexican accounts. 
  • Instead, the bank has to pay a fine about equal to how much money they made on the deals, and promise to not do it again. Read more (5/25/17)
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Please watch this full video

Unless you are a victim of abuse or faint of heart

People have to realize, it’s statistically impossible that there are no pedophile rinks in your government, and in big banks, and in international corporations. Not to mention how well connected to each other these institutions are. There are tens of millions of people around those circles, around the world, and you only need a sample of a few hundred to surely find someone who has raped multiple minors. There are more than a few hundred people who have hundreds of millions of dollars, and you can only imagine how much you could get away with if you had those kinds of resources and connections. The more powerful someone is, the easier -not harder, easier- it is for them to get away with it. Here’s the proof of all of that.


I also wanted to highlight a specific name from this video

22:17: “the flight logs also show that Bill Clinton went to Jeffrey Epstein’s island fucking frequently.”

“Billionaire hedge-fund mogul, Jeffrey Epstein, became a free man five years after he was first accused of sexually abusing underage girls.

… During Epstein’s terms of house arrest, he made several trips each month to his New York home and his private Caribbean island. In the early stage of his sentence for soliciting prostitution for a minor … he was allowed out to his office each day. Meanwhile Epstein had settled more than a dozen lawsuits brought by the underage girls who were recruited to ‘perform massages’ at his Palm Beach mansion. Seven victims reached a last-minute deal … days before the scheduled trial. Each received well over a million dollars, an amount that will hardly dent Epstein’s 2 billion net worth.

The Palm Beach Police Department identified 17 local girls who had contact with Epstein before the age of consent. The youngest was 14 and many were younger than 16, and that was just one of those things many homes around the world20:38he also owned property in New York, Santafe, Paris, London, and the Caribbean.

The subsequent investigation by the FBI, reaching as far back as 2001, identified roughly 40 victims, not counting Nada Marcinkova whom Epstein referred to as his ‘Yugoslavian sex slave’

There are some heavy allegations surrounding politicians and royalty who spend their time with a convicted pedophile [Jeffry Epstein].

…. Brought in on the billionaire’s private jets, nicknamed by locals as the ‘Lolita Express’, numerous girls were allegedly taken to his 78th acre little st. James hideout in the US Virgin Islands. It is claimed that they were made to take part in depraved orgies….

Court papers claim visit included prominent American politicians, powerful business executives, foreign presidents, a well-known prime minister, and other world leaders. The flight logs also show that Bill Clinton went to Jeffrey Epstein’s island frequently. The flight logs show that he went there 26 times in 3 years.

 The most powerful people in the world are doing this with impunity because nobody has the power to stop them, and when they are -like Epstein- finally brought trial, he simply pays off the victims and escapes the sentencing“

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#4. BUST UP WALL STREET

When Americans think of how the economic rules are stacked against them, they naturally think of Wall Street. 

When the Wall Street bubble burst in 2008 because of excessive risk-taking, millions of working Americans lost their jobs, health insurance, savings, and homes.

But The Street is back to many of its old tricks. And its lobbyists are busily rolling back the Dodd-Frank Act, intended to prevent another crash.

The biggest Wall Street banks are also much larger. In 1990, the five biggest banks had 10 percent of all of the nation’s banking assets. Now, they have 44 percent – more than they had at the time of the 2008 crash.

They have a virtual lock on taking companies public, play key roles pricing commodities, are involved in all major U.S. mergers and acquisitions and many overseas, and responsible for most of the trading in derivatives and other complex financial instruments.  

And as they’ve gained dominance over the financial sector, they’ve become more politically potent. They’re major sources of campaign funds for both Republicans and Democrats.

Wall Street banks supply personnel for key economic posts in Republican and Democratic administrations, and lucrative employment to economic officials when they leave Washington.

It’s a vicious cycle. The bigger they get, the more likely it is that government will bail them out if they get into trouble again. This, in turn, confers on them an ever-larger competitive advantage over smaller, community-minded banks that don’t have the implied guarantee – which gives the biggest banks even more economic and political power.

What should be done?

First, resurrect the Glass-Steagall Act that used to separate investment from commercial banking.

Second, put a small sales tax on every financial transaction. This would discourage speculation and slow down the casino. Not incidentally, such a tax could generate billions of dollars a year for, say, better schools.

But the most important thing we should do is bust up the big banks. Any bank that’s too big to fail is too big, period.

Antitrust law should be used the way it was against the big oil trusts and the telephone monopoly. The idea was to prevent too much economic and political power from concentrating in too few hands. And that’s precisely the problem with Wall Street.

The only sure way to stop excessive risk-taking on Wall Street so you don’t risk losing your job or your savings or your home, is to put an end to the excessive economic and political power of Wall Street.

It’s time to bust up the big banks.

anonymous asked:

he's so big. big bank account. big broad shoulders. big dick. 6 foot tall. big limbs. big heart. fuck me.

Yeah yeah… he’s ALL big… *chokes*

Most companies’ EULAs & terms & conditions are intentionally long & complicated so that people don’t read them & the company can get away with just doing whatever the fuck they want to the people who use their products. Thankfully, we already regulate SOME products more logically than that. One example is packaged food & drinks. All packaged food products have to have their nutritional information displayed in the same comparatively easy-to-read format (which still doesn’t always go far enough, but that’s a different issue). Why should we expect food & drink manufacturers to be this clear about what they’re selling us without holding anyone else up to the same standards when we’ve seen how willing these companies are to screw us over?

Our $20 trillion debt is almost entirely made up of war spending and economy-collapse-fixing. The military industrial complex coupled with a psychotic banking system that is undeniably too big to fail have milked our tax base for decades. If we stopped occupying and bombing countries that pissed off millions of people and necessitated future bombings and occupations, think about how much less debt we’d have. If the destruction from derivative banking wasn’t entirely put on the government’s credit card because conservatives always pretend that sociopathically greedy bankers are capable of responsibly regulating themselves, think about how much less debt we’d have. Big banking and military contracting in America is the biggest corporate welfare in the history of human civilization.
—  Levi Olson
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GORSUCH SHOULDN’T BE CONFIRMED UNTIL WE KNOW THE PERSON WHO PICKED HIM IS CLEARED OF WRONGDOING

Neil Gorsuch shouldn’t be confirmed until Trump comes clean.

Nominating a new justice of the Supreme Court is one of the most important responsibilities of a president. But until we know Trump is a legitimate president, he can’t be presumed to have the authority to make such a pick.

First, we need to be sure Trump didn’t collaborate with Russia to rig the election. The FBI says it has enough “credible evidence” that Trump aides colluded with Russian operatives to affect the outcome of the election, to move forward with a full-scale investigation. 

At the least, Gorsuch shouldn’t be considered until that investigation is concluded.

We also need to be sure Trump isn’t motivated by financial conflicts of interest around the world. We need to see his tax records to know he doesn’t owe a bundle to Russian oligarchs or big global banks that would affect his judgement.

And we need to know he’s not violating the Constitution by raking in money from foreign governments. For example, Trump still owns a 77 stake of his luxury hotel in Washington and his children are splitting the rest, even as foreign governments assign their dignitaries rooms at the hotel.

China just granted Trump trademark rights to the Trump brand, potentially worth billions of dollars to Trump and his family. Although it’s normally difficult to obtain brand-name rights in China so quickly, the Chinese authorities apparently saw this as a payback in return for Trump’s backing away from recognizing Taiwan.

Last year Senate Republicans wouldn’t move forward with Obama’s pick of Merrick Garland for the Supreme Court on the bizarre theory that a president in his last year of office has no legitimacy nominating a Supreme Court justice.

But a true cloud of illegitimacy now hangs over the presidency of Donald Trump. Unless and until that cloud disappears, the Senate shouldn’t move forward with anyone Trump picks for the Supreme Court.