July 10, 2015


A fascinating interview with Rolling Stone's fantastic Matt Taibi on how former Attorney General Eric Holder has gone back to his old job since leaving the White House. And what might that job be? A corporate lawyer at Covington & Burling which represents big banks--they kept a corner office open for him the entire 6 years Eric worked in the Obama administration. Holder can't now technically work for almost two years due to a cooling off period aimed to keep lobbyists and corporate interests from determining national policy. Guess what? It was aimed to keep them out of government. It clearly has failed.

DEMOCRACYNOW: "The law firm’s client list has included many of the big banks Holder failed to criminally prosecute as attorney general for their role in the financial crisis, including Bank of America, JPMorgan Chase, Wells Fargo and Citigroup. We speak with Matt Taibbi, award-winning journalist with Rolling Stone magazine. "I think this is probably the single biggest example of the revolving door that we’ve ever had," Taibbi says."

Lefties and peaceniks knew that Holder was a joke as soon as Obama was elected. That's when he claimed that impeachment of Bush and Cheney for war crimes was off the table--presumably because Obama didn't want to set a precedent for prosecuting presidents for war crimes so that he could commit his own. But this interview shows what a joke many Obama's appointees are. The new attorney general is touted as the first black female Attorney General, which makes Obama seem like a progressive who is breaking racial and sexual boundaries. In fact, Loretta is conservative on some issues like legalizing weed and capital punishment and while hailed as a tenacious prosecutor, she didn't prosecute banking giant HSBC when she had a chance to hold their feet to the fire for laundering money for drug cartels who behead people. Wait! Is that the same beheading process that "forces" the US to declare war against ISIS? But Loretta Lynch as US attorney wouldn't prosecute a bank which washes money for drug-dealing beheaders in a region which we don't seek to militarily dominate. That's the difference.

Progressive hero Liz Warren has written a 13 page letter to Obama slamming his last Wall Street-connected appointee, just as he prepares to nominate more SEC officials from the world of big finance. It truly is a revolving door between Wall Street and the White House. This was a change Obama never intended to make. And this is a change which Hillary, bloated with donations from these same financial giants, will never even attempt to make. Bernie's motto is BREAK UP THE BIG BANKS! You know, the kind that have plunged Greece, other southern european countries and Puerto Rico into chaos. You might remember these darlings from the US when the housing bubble burst or were too big to fail so taxpayers bailed them out while their CEOs reported record profits. Our government represents wealthy banks, not the people. If you criticize Hillary for her close ties with banks, take a look at the sitting democratic president. Isn't it also wrong when he does it? And he's still got over a year to go and a phone number and email where you can reach him to express what you want to see in this country...