The Clintons: Mark 2

What really had me thinking lately was Monica Lewinsky's ex Billy Clinton and the fact that he may be in charge of the world's largest economy for the second time in almost 30 years should they - the Clintons - win in November - Hillary told us that in March this year;

"Democratic front-runner Hillary Clinton says her husband would be “in charge of revitalizing the economy” if she is elected president, The Hill reports.

Speaking at a campaign stop in Fort Mitchell, Kentucky, Clinton said her husband, former President Bill Clinton, “knows how to do it … especially in places like coal country and inner cities and other parts of our country that have really been left out.”

Well this brought me back to yet again, in my opinion that, Bill Clinton is the reason why we are floating around in this "financial scary no man's land" today.

I have been aware of this opinion - since around the late 1990s - since before I wrote this piece in a book review I did in 2008;

"The chapter that held the most interest for me is Chapter 27, "The Age of Innocence". In it Cashill describes the genesis of the present day financial collapse and President Bill Clinton's central hand in it - something I was already aware of and have been for years.

Clinton forced banks and then Fannie Mae and Freddie Mac to lend money to individuals (Americas race based form of lending was extended even further than it was in the 1970s) who were poor credit risks to buy houses in the 1990s and Alan Greenspan (another evil Jew?) provided the cheap interest rates through the Federal Reserve that led to the frenzy of house buying that then led to the bubble and you know the rest.

You don't read a lot about the Democrats, Bill Clinton and their historical central role in the 2008 financial collapse but Cashill gives you the facts and lets the reader join the dots".

What are the Clintons going to do this January when they take the reigns of power for the 2nd time? - I don't think Donald Trump is going to gain power, much to this author's chagrin -  I think they are going to finish what they started.

Well, put it this way continue along the same lines.

Like all socialist leaders in power, the Clintons became even richer than they were already because of the presidency and the 2nd time around they will become even richer.

They are not doing it for yours and mine good they are doing it for their own good. 

The answer to my questioning above, is a severe depression, at some stage, the likes this world has never seen before.

Think before you vote.

From Amazon

Popes and Bankers: A Cultural History of Credit and Debt, from Aristotle to AIG by Jack Cashill Buy new: $13.58 / Used from: $0.01 Usually ships in 24 hours c Share Investor 2016

Book Review: Popes and Bankers

Popes and Bankers: A cultural History of Credit & Debt, From Aristotle to AIG by Jack Cashill, sounds like the most mind-numbingly boring title for a book that you ever heard of and you would presume that the content would fit the title and for a great number of chapters it does as you read it, for me anyway.

Having said that what was mind numbing for 25 chapters suddenly comes into its own in chapter 26 when Cashill writes about the "Greed Decade" of the 1980s (my vintage) and what I previously thought was boring and mind-numbing takes on a more poignant meaning and I am then riveted.

You know where Cashill is taking you - on a historical financial journey - when you discover in chapter two that he begins quoting passages from the bible that will have relevance to the present day financial crises but to me the historical part only piques my interest in retrospect -I will have to read the previous 25 chapters again.

The Jewish factor in the history of banking, finance and associated subjects is sometimes hard to read. It doesn't place them in a good historical or indeed present day context. I came off thinking, were/are they really that bad or were and are they just more entrepreneurial than every other culture or race and those outside the "Jewish Circle" and "outsiders" are jealous because they were not as hard working or intelligent enough to do the same.

The chapter that held the most interest for me is Chapter 27, "The Age of Innocence". In it Cashill describes the genesis of the present day financial collapse and President Bill Clinton's central hand in it - something I was already aware of and have been for years.

Clinton forced banks and then Fannie Mae and Freddie Mac to lend money to individuals (Americas race based form of lending was extended even further than it was in the 1970s) who were poor credit risks to buy houses in the 1990s and Alan Greenspan (another evil Jew?) provided the cheap interest rates through the Federal Reserve that led to the frenzy of house buying that then led to the bubble and you know the rest.

You don't read a lot about the Democrats, Bill Clinton and their historical central role in the 2008 financial collapse but Cashill gives you the facts and lets the reader join the dots.

Popes and Bankers is a book of its time and gives the history that puts today's financial troubles - and every other crash before it - in context and with Cashill's perspective on how that fits.

If you can get past the mundane first part of the book and get to the meat at the end the first part is going to make a lot more sense and you will want to read it again.


I received this book gratis from Stephanie Marshall at MNS Publicity and wish to thank her and her company.


From Amazon

Popes and Bankers: A Cultural History of Credit and Debt, from Aristotle to AIG by Jack Cashill Buy new: $13.58 / Used from: $0.01 Usually ships in 24 hours

c Share Investor 2010

Leftist Economic shell games: A letter to the Editor

The Rant:

The following is from the Mesquite Local News in Nevada, in the letters to the editor page and written by one Richard N. Suter an 80 year old plus retired pilot.

It is well worth a read because it explains the blame for the current global financial mess so well and so fully.

Politicians mostly from the left in American caused this and Wall Street naturally climbed on board.

He rightly fears for his America in the hands of the insane socialists now in power and one wonders how we might expect things to get better because they are now doing what was done to get us in this mess in the first place but to the power of 10.

What is different to Bernie Madoff's shell game and Obamas?

Obama's is much bigger and the mess will be felt for generations.

The Letter:

Defending The Rich

(Letter to the Editor) 03-20-2009

I very much enjoy the Mesquite Local News.

But I have to question your tirade against the rich.

Sam Walton took an idea and built a phenomenal empire.

Bill Gates did the same.

Prior to my retirement in this lovely town, I worked as a corporate pilot for twenty five years.

I rubbed elbows with Warren Buffett in the hangar in Omaha as he deplaned, carried his own bags to a several year old Lincoln and drove to a fairly modest home.

I flew Tom Watson (IBM blue) to Eagle, Colorado.

These folks, and the multi-millionaire that employed me provided quite a few jobs, sir.

I also have carried Senator John McCain, Senator Chuck Hagle and others I can't remember as my personal responsibility.

As a retired USAF fighter pilot, I respect Senator McCain's service.

Several squadron mates and friends were privileged to serve with him in those "difficult times."

But in the course of this discussion, neither of them, nor many others in government have created a real job.

Sure, they have guaranteed pay raises, the very best health care, a short work week/month/year, and very seldom retire in poverty.

Now, if I were to pick on a gang to pillory, I would look to Foggy Bottom.

Let's start with Jimmy "Malaise" Carter, signatory to the CR(a)P, (may have mis-spelled that; could have been the CAP), lowering lending standards, coercing risky loans.

Who aided and abetted this foolishness?

Why, non other than B.J. Clinton.

Fast forward to Barney Frank, who assured us less knowledgeable that Fannie and Freddie were in great shape.

And then came the Mad Marxist with his litany of change.

And Biden.

And Pelosi.

This is the best we can do?

Well, change we got.

Hubris, banality, venality, mendacity and plain damn lies.

Almost daily I see the 21st century version of Joseph Goebbels stuttering, er, and, ah, but, stumbling his way through a "press conference."

Now I have my version of penalties for the gang.

You are far too cruel.

Bernie Madoff is going to reside in a 7.5x 8 foot Manhattan government subsidized condominium.

Please take my share of the "bailout" money, construct about 150 more of these, provide free orange jumpsuits for the criminal class in Congress, and I will die a happy old man, devoid of most of my investments, 30 or 40 percent of the value of the home I will pay for every month, and the extra money me and the missus have after groceries, gas, health care and gambling.

On second thought, let's get out the guillotine.

I am sick to death of these pissants.

My very best wishes that you may become wealthy in your endeavors.

I can only be glad, that now well into my 80th decade, I will not be around to see this great country fail.

-Richard N. Suter

Mesquite, Nevada

Related Amazon Reading

"The program for better jobs and income": welfare reform, liberalism, and the failed presidency of Jimmy Carter.: An article from: International Social Science Review by Jeff Bloodworth
Buy new: $9.95
Available for download now

Economic Policy in the Carter Administration: (Contributions in Economics and Economic History) by Anthony S. Campagna
Buy used from: $74.90

Kindle 2: Amazon's New Wireless Reading Device (Latest Generation)

c Political Animal 2009

Worlds most hated man: Bill Clinton

His romance with Monica Lewinsky was merely a stain on a blue dress and it caused the media to go into a frenzy.

The man primarily responsible for the worlds current financial mess is only rated a mention in the media these days because of his wife and her dalliances in the political world this year.

His dumb-arse Democrat mates from the 1990s are also high on the hit-list, they supported and advised him to pass legislation to allow deadbeat borrowers to suck on taxpayer guaranteed moola just so they could live in houses that they could never realistically afford.

Time to root him out from whatever bed he is currently sleeping in and put the blame where it lies-squarely on crooked Bill's shoulders.

c Political Animal 2008