My Wish for 2016: We Finally Get a President Who Doesn’t Kiss Wall Street’s Rear End

Is there any hope that we might actually elect a president with the mandate and courage to take down Wall Street instead of kissing its rear end in humiliating obeisance?

The 2016 presidential election may be far away to those obsessed with the news cycle, but it’s not too early to express one single hope: that we finally elect a president who doesn’t kiss Wall Street’s rear end every single day for four/eight years running. It’s not difficult, folks; it’s either/or. Either the President is willing to take down Wall Street or he/she is kissing Wall Street’s rear end. There is no middle ground.

Either the next president issues an executive order (or whatever it takes) to enact these four administrative rules, or he/she is kissing Wall Street’s rear end every single day of his/her administration.

1. Every position in any tradable security or financial instrument must be held for a minimum of one minute.

2. A transaction fee payable to the U.S. Treasury will be levied on every order when placed, regardless of whether it executes or not or if it is cancelled, of all tradable securities and financial instruments, including those privately exchanged: $1 for every transaction of less than $100,000 in value, $10 for every trade over $100,000 but less than $1 million, $100 for every trade over $1 million but less than $10 million, and $1,000 for every trade over $10 million.

3. All tradable securities and financial instruments must be marked to market at the close of every trading day. This includes derivatives, credit default swaps, mortgage-backed securities, etc.

4. All transactions must be transacted on public exchanges with a transparent bid/ask.

Order the F.B.I., SEC and other law enforcement agencies of the Federal government to prioritize enforcement of all existing securities and banking regulations.

Just four easy-to-understand simple rules. Without these rules, Wall Street remains the Monster Id of American ambition, a vast legal looting machine parasitically sucking the U.S. economy dry and distorting not just financial markets but the political process and the incentives and values that motivate every participant.

Here’s a brief history of the past two presidencies. The chickens finally came home to roost for Wall Street and the banks in 2008, and President Bush had a golden, once-in-a-lifetime opportunity to expose Wall Street and the banks to real capitalism, i.e. you’re insolvent, you go bust, your assets are auctioned off.

Instead, he obediently bent down and kissed Wall Street’s rear end, approving trillions of dollars of taxpayer-funded bailouts. Oh dearie-dear, the ATMs might not work? Really? Then why does the FDIC have the power to take over busted banks and keep them operating while their assets are liquidated in an orderly fashion?

It was never about debt-serfs not being able to get cash from ATMs. It was always about saving the gargantuan fortunes of financier skimmers, scammers, parasites and predators.

President Obama entered office with a mandate to take down Wall Street and the Too Big to Fail banks. He also refused to expose Wall Street and the banks to real capitalism. He too has bent down and kissed Wall Street’s rear end every day of his presidency.

It’s not complicated, people. Either enact these four simple rules or remain on your knees kissing Wall Street’s rear end. Either the parasites and predators have a free hand, and the incentives for corruption and legal looting remain firmly in place, or Wall Street is taken down by enforcing four simple rules–rules that have no impact on legitimate, productive companies and investors in those companies. These four rules would only impact financier skimmers, scammers, parasites and predators.

Is there any hope that we might actually elect a president with the mandate and courage to take down Wall Street instead of kissing its rear end in humiliating obeisance? The only way such a miracle could occur is if the voters demand it. Sadly, most voters are as morally blind as the people they elect; either they’re complicit in the rigged casino (i.e. they’re hoping to share in the spoils via their pension, IRA, 401K, etc.) or the corruption and rot has seeped so deep that the nation’s moral compass is spinning aimlessly.

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  • Bluto

    The only answer is revolution. The notion that the completely corrupt non-electoral system in the USSA can be maintained while allowing a legitimate candidate to ever come close to ever being nominated is a pathetic joke. Add in the idiot, brain-dead, hypocritical, brain-damaged American public and there is no hope. We are experiencing the perfect storm – the triple-e threat I like to call it. Environmental collapse, economic collapse and the escalation of WW3 to nuclear war.
    Get ready to die or live in hell on Earth. It’s that simple.

  • colinjames71

    That list could easily be expanded to 40 concerning Wall St. alone. 400 regarding economy in general. 4000 across the spectrum just to begin transforming the country to any semblance of what we could and should be, what we are advertised as, and propagandized to believe.

  • Griebel

    Yawn. You and Zeisse or Zeusse or whatever, you guys are spamming this site at this point. Yes, yes, we can vote in a good democrat who will offer us hope and stand up to the bad apples and all that. Of course. Thanks for sharing.

  • Bev

    People have been trying to vote to help their families for a long time, They should now try this:

    http://www.bradblog.com/?p=8889 By Brad Friedman

    Recommended #OWS Demand: Let ALL Citizens 18 and Older Vote, On Paper Ballots, Count Them in Public
    I offer the following simple “demand” for consideration by OWS, as this one likely underscores almost every other. Or, at least, without it, all other demands may ultimately be rendered moot. Every U.S. citizen 18 years of age or older who wishes to vote, gets to vote. Period. Those votes, on hand-marked paper ballots, will be counted publicly, by hand, on Election Night, at the precinct, in front of all observers and video cameras.

    They should try the above, because of the following information from:

    Richard Charnin (Truth Is All)
    Election Fraud (1968-2012) Quantitative Analysis and True Vote Models

    I have written two books on election fraud which prove that the recorded vote is always different from the True Vote. Unlike the misinformation spread in the media, voting machine “glitches” are not due to machine failures. It’s the fault of the humans who program them.

    In the 1968-2012 Presidential elections, the Republicans won the average recorded vote by 48.7-45.8%. The 1968-2012 Recursive National True Vote Model indicates the Democrats won the True Vote by 49.6-45.0% – a 7.5% margin discrepancy.

    In the 1988-2008 elections, the Democrats won the unadjusted state exit poll aggregate by 52-42% – but won the recorded vote by just 48-46%, an 8% margin discrepancy. The state exit poll margin of error was exceeded in 126 of 274 state presidential elections from 1988-2008. The probability of the occurrence is ZERO. Only 14 (5%) would be expected to exceed the MoE at the 95% confidence level. Of the 126 which exceeded the MoE, 123 red-shifted to the Republican. The probability P of that anomaly is ABSOLUTE ZERO (5E-106). That is scientific notation for

    P= .000000000 000000000 000000000 000000000 000000000 000000000 000000000 000000000 000000000 000000000 000005.

    The proof is in the 1988-2008 Unadjusted State Exit Polls Statistical Reference. Not one political scientist, pollster, statistician, mathematician or media pundit has ever rebutted the data or the calculation itself. They have chosen not to discuss the topic. And who can blame them? Job security is everything.

    Election forecasters, academics, political scientists and main stream media pundits never discuss or analyze the statistical evidence that proves election fraud is systemic – beyond a reasonable doubt. This site contains a compilation of presidential, congressional and senate election analyses based on pre-election polls, unadjusted exit polls and associated True Vote Models.

    Those who never discuss or analyze Election Fraud should focus on the factual statistical data and run the models. If anyone wants to refute the analytical evidence, they are encouraged to do so in a response. Election forecasters, academics and political scientists are welcome to peer review the content.

    The bedrock of the evidence derives from this undisputed fact: Final national and state exit polls are always forced to match the recorded vote – even if doing so requires an impossible turnout of prior election voters and implausible vote shares. All demographic categories are adjusted to conform to the recorded vote. To use these forced final exit polls as the basis for election research is unscientific and irresponsible. The research is based on the bogus premise that the recorded vote is sacrosanct and represents how people actually voted. Nothing can be further from the truth.

    It is often stated that exit polls were very accurate in elections prior to 2004 but have deviated sharply from the recorded vote since. That is a misconception. The UNADJUSTED exit polls have ALWAYS been accurate and closely matched the True Vote in 1988-2008. A comparison of ADJUSTED, PUBLISHED exit polls in elections prior to 2004 and PRELIMINARY exit polls since then is like comparing apples to oranges. The adjusted, published exit polls have always exactly matched the fraudulent RECORDED vote because they have been forced to do so. That’s why they APPEAR to have been accurate. The RECORDED vote has deviated from the TRUE VOTE in EVERY election since 1968 –always favoring the Republicans.

    The Census Bureau indicates that since 1968 approximately 80 million more votes were cast than recorded. And these were just the uncounted votes. What about the votes switched on unverifiable voting machines and central tabulators? But vote miscounts are only part of the story. The True Vote analysis does not include the millions of potential voters who were illegally disenfranchised and never got to vote.

    In 1988, Bush defeated Dukakis by 7 million recorded votes. But approximately 11 million ballots (75% Democratic) were uncounted. Dukakis won the unadjusted exit polls in 24 battleground states by 51-47% and the unadjusted National Exit Poll by 50-49%. The Collier brothers classic book Votescam provided evidence that the voting machines were rigged for Bush.

    In 1992, Clinton defeated Bush by 5.8 million recorded votes (43.0-37.5%). Approximately 9 million were uncounted. The National Exit Poll was forced to match the recorded vote with an impossible 119% turnout of living 1988 Bush voters in 1992. The unadjusted state exit polls had Clinton winning a 16 million vote landslide (47.6-31.7%). The True Vote Model indicates that Clinton won by 51-30% with 19% voting for third party candidate Ross Perot.

    In 1996, Clinton defeated Dole by 8.6 million recorded votes (49.3-40.7%); 9 million were uncounted. The unadjusted state exit polls (70,000 respondents) had Clinton winning a 16 million vote landslide (52.6-37.1%). The True Vote Model indicates that Clinton had 53.6%.

    In 2000, Al Gore won the 540,000 recorded votes (48.4-47.9%). But the unadjusted state exit polls (58,000 respondents) indicated he won by 50.8-44.4%, a 6 million vote margin. There were nearly 6 million uncounted votes.

    The True Vote Model had him winning by 51.5-44.7%. But the Supreme Court awarded the election to Bush (271-267 EV). In Florida, 185,000 ballots were uncounted. The following states flipped from Gore in the exit poll to Bush in the recorded vote: AL AR AZ CO FL GA MO NC TN TX VA. Gore would have won the election if he captured just one of the states. Democracy died in this election.
    snip

    In the 2010 Midterms, the statistical evidence indicates that many elections for House, Senate and Governor were stolen. The Wisconsin True Vote Model contains worksheets for Senate, Governor, Supreme Court and Recall elections. A serious analyst can run them and see why it is likely that they were stolen.

    In 2012, Obama won the recorded vote by 51.0-47.2% (5.0 million vote margin) and once again overcame the built-in 5% fraud factor. The 2012 Presidential True Vote and Election Fraud Simulation Model exactly forecast Obama’s 332 electoral vote based on the state pre-election polls. The built-in True Vote Model projected that Obama would win by 56-42% with 391 electoral votes. But just 31 states were exit polled, therefore a comparison between the True Vote Model and the state and national unadjusted exit polls (i.e. the red-shift) is not possible. Obama won the 11.7 million Late votes recorded after Election Day by 58-38%. In 2008, he won the 10.2 million late votes by 59-37%, a confirmation that he was within 2% of his 2008 share.

    ……………………

    Get rid of those evidence disappearing machines:

    http://freepress.org/departments/display/19/2012/4725
    Vote counting company tied to Romney (and Bush)
    by Gerry Bello

    Looking beyond the well-documented Google choking laundry list of apparent fraud, failure and seeming corruption that is associated with Hart Intercivic, an ongoing Free Press investigation turned its attention to the key question of who owns the voting machine companies. The majority of the directors of Hart come from the private equity firm H.I.G. Capital. H.I.G. has been heavily invested in Hart Intercivic since July 2011, just in time for the current presidential election cycle. But who is H.I.G Capital?

    Out of 49 partners and directors, 48 are men, and 47 are white. Eleven of these men, including H.I.G. Founder Tony Tamer, were formerly employed at Bain and Company, and two of those men, John P. Bolduc and Douglas Berman are Romney bundlers along with former Bain and H.I.G. manager Brian Shortsleeve.

    Additionally, four of these men were formerly employed at Booz Allen Hamilton. Bush family friendly Carlyle group is an owner of Booz Allen which also made voting machines for the United States military. Booz Allen was also the key subcontractor for the controversial PioneerGroundbreaker program, an NSA data mining operation that gathered information on American citizens until it was shut down and replaced with even more invasive successor programs like MATRIX and Total Information Awareness.
    ………………

    GLOBAL INTERNET VOTING FIRM BUYS U.S. ELECTION RESULTS REPORTING FIRM – By Bev Harris http://www.blackboxvoting.org

    In a major step towards global centralization of election processes, the world’s dominant Internet voting company has purchased the USA’s dominant election results reporting company. snip

    The good news is that this firm promptly reports precinct-level detail in downloadable spreadsheet format. As reported by BlackBoxVoting.org in 2008, the bad news is that this centralizes one middleman access point for over 525 jurisdictions in AL, AZ, CA, CO, DC, FL, KY, MI, KS, IL, IN, NC, NM, MN, NY, SC, TX, UT, WA. And growing.
    ………………..

    Or, voters could try a public vote, like roll call in Congress, to prevent the control of the right wing:

    See: Lynn Landes
    http://www.thelandesreport.com/VotingSecurity.htm

    The Case For Open Voting
    Democracy demands transparency, not trust -Sign up and be counted

    There is no transparency to our current voting system. Congress has legalized election fraud by allowing, if not mandating, non-transparent voting systems that prohibit direct access to a paper ballot and meaningful public oversight:

    ABSENTEE VOTING (1870’s)
    SECRET BALLOT (1880’s)
    VOTING MACHINES (1890’s)

    I believe that there should be only one standard of voting for both our political representatives and voters. I believe that all voting should be open and public – no machines, no absentee or early voting, and no secret ballots. Secret ballots are really an anonymous ballots that corrupt election officials can count any way they want. Why one standard of voting for politicians and another for the public?

    Under current circumstances, the only thing candidates and voters can do to find out how citizens really voted is to conduct their own CITIZEN AUDITS.

    Lynn Landes

    SUMMATION: This is how, for all practical purposes, America’s voting process became completely nontransparent and highly vulnerable to vote fraud by a relatively small group of people.

    Voting is the linchpin of democracy. And democracy demands transparency, not trust. Yet, there is no real transparency to the way Americans vote today. While our politicians are required to vote publicly and openly, we citizens are held to a different standard – a lower standard. We vote remotely, privately and anonymously by machine, absentee, early, and secret ballot. It’s an invitation to massive and undetectable vote fraud. Things weren’t always this way.

    BEFORE the Civil War, voting was a completely transparent process. It was only AFTER the Civil War, as the right to vote expanded to African Americans, that the voting process itself began to recede from public view and meaningful oversight. It started with absentee voting in the 1870’s, secret ballots in the 1880’s, and voting machines in the 1890’s. Today in America, 50% of all voting is by absentee or early, 95% of all votes are machine-processed, and 100% of all ballots are secret and anonymous. For the sake of convenience and ‘alleged’ voter protection, Congress has destroyed the transparency, verifiability, and integrity of America’s voting process.

    Making matters worse, our public voting system has been privatized and outsourced to a handful of domestic, foreign, and multi-national corporations, most of whom have close ties to the right wing of the Republican Party. Just two companies, ES&S and Diebold, started by two brothers, Bob and Todd Urosevich, electronically process (using touchscreen machines or optical scanners), 80% of all votes. Their employees are in a perfect position to rig elections nation-wide. And evidence is mounting that elections in America have been computer programmed to prefer conservative candidates of both political parties.

    In America, less than 1% of votes are hand-counted-paper-ballots at the polls on Election Day. Neither government-controlled audits nor official recounts (both can occur days or even weeks after the election) provide sufficient transparency to detect widespread election fraud by voting machines companies and/or election officials. Moreover, the U.S. Justice Department (DOJ), under the 38-year reign of Craig C. Donsanto, refuses to seriously investigate or prosecute electronic vote fraud.

    Can’t we detect vote fraud through exit polls? The major news networks refuse to report on vote fraud and may be implicated in it. Exit polling is conducted by one organization, currently called the National Election Pool (NEP), that is hired by the major news networks and the Associated Press. Since they first started “projecting” election night winners in 1964, at the same time computerized ballot scanners came into use, the major news networks have never provided any ‘hard’ evidence that they actually conducted any exit polls, at all. In other words, the major news corporations broadcast their own pre-election surveys based on anonymous sources, collect vote totals on Election Day in a manner they refuse to disclose, and back-up those results with their own exit polls based on more anonymous sources. The late authors of the book, VoteScam: The Stealing of America, James M. Collier and Kenneth E. Collier, concluded that some of the major news networks, including the polling organization that they hire for election night reporting, have been complicit in vote fraud.

    Under the U.S. Constitution and case law, qualified citizens have two constitutional rights: 1) to vote, and 2) to have their votes counted properly. For that right to be enforced by federal and state authorities, the voting process must be observable.
    …………….

    If we cannot get rid of the right wing machines:

    pdf of Gene Sharp’s online book: From Dictatorship to Democracy for over 200 nonviolent actions to construct positive change.
    http://www.aeinstein.org/wp-content/uploads/2013/09/FDTD.pdf
    …………

    • Bev

      Link above: http://richardcharnin.com/ Richard Charnin (Truth Is All)
      Election Fraud (1968-2012) Quantitative Analysis and True Vote Models
      Above the fold: http://www.thelandesreport.com/VotingSecurity.htm
      Lynn Landes: The Case For Open Voting

      via: http://markcrispinmiller.com/2013/08/obama-didnt-prosecute-bushcheney-out-of-fear-hed-end-up-like-paul-wellstone/
      Obama didn’t prosecute Bush/Cheney out of fear he’d end up like Paul Wellstone
      In comments: Interesting in its attempt to brush away all the bad law since the illegitimate 2000 election. Sandra Day O’Conner should testify as her only redemption.

      IMPEACHMENT OF U.S. PRESIDENT ALBERT GORE, Jr._REF: U.S. Supreme Ct_Case No. 00-949

      http://www.veteranstoday.com/2013/05/03/impeachment-of-u-s-president-albert-gore-jr-_ref-u-s-supreme-ct_case-no-00-949/
      Constitutional Grounds for the Impeachment and Fraud Upon the Supreme Court, et al…

      (Editor’s note: Only when America’s legally elected president, Al Gore, is returned to office and subjected to required impeachment proceedings, can constitutional authority in the United States be re-established. Toward that end, all actions of the Bush (43) presidency are to be declared “null and void,” all treaties abrogated, all executive actions declared unlawful and all actions including but not limited to the establishment of the United States as a criminal empire undone. The subsequent election of Barak Obama as president
      thus has no legal standing. Gordon Duff and Lee Wanta)

      Before the Supreme Court of the United States

      1. IMPROPER FAILURE TO REPORT,

      2. CONTINUOUS ABSENCE FROM HIS U.S. PRESIDENTIAL DUTIES,

      3. REFUSAL TO ACCEPT THE ELECTORAL VOTE DECISION OF THE AMERICAN POPULACE MAJORITY,

      4. CONTINUING VIOLATIONS OF PUBLIC TRUST AND EMPLOYMENT, WITHOUT DUE PROCESS, INCLUDING ATTEMPTS TO SUBVERT THE U.S. CONSTITUTION.

      ………………..

      COMMENT of U.S. Supreme Court Reporter Jeffrey Toobin :

      ” To know Justice O’Connor as I am privileged to do is to know that the word ‘regret’ never passes her lips,” Toobin said. ” Did she regret her vote in Bush v. Gore? Did she regret the Bush presidency? You bet she did, and you bet she does.” 20apr13

      ”Maybe the court should have said, ‘we’re not going to take it, goodbye,”‘ O’Connor told the Chicago Tribune editorial board, in reference to the controversial Bush v. Gore decision resolving a dispute over the 2000 election in George W. Bush’s favor. “It turned out the election authorities in Florida hadn’t done a real job there and kind of messed it up. And probably the Supreme Court added to the problem at the end of the day.”
      ………………………..

      I like this idea because we could correct the illegal 2000 election, return all the public interest laws (Bill of Rights, Privacy rights, Human Rights against Torture, habius corpus, even the 500 year old Magna Carta) that Bush now even fearful Obama have overturned, finally try to turn around dangerous climate change, and get dangerous fukushima entombed. That would be so good for the common good. I love it. Where is Sandra Day O’Conner?

  • Booo

    It is my wish that we get a president who will abandon the nsa, cia pull spending back to 2005 level. Balance the budget. Abide by the constitution and pass laws to term limit the cesspool operators.