Monday, August 25, 2008
Webster Tarpley on Senator Joe Biden, Delaware, credit cards, MBNA, BofA …
Webster Tarpley wrote a long article on Obama’s VP choice Senator Joe Biden: Motormouth Joe Biden - Warmonger, Wordmonger And Political Hit Man
I recommend reading the entire article, here’s the excerpt relevant to credit:
BIDEN A CREATURE OF THE WORST CREDIT CARD GOUGERS
Biden represents Delaware in the US Senate. Delaware is not a state, but a giant post box for Dupont, General Motors, and many of the giant corporations and Wall Street firms. The state politics of Delaware are dictated down to the most minute detail by the bankers and their corporate lackeys, since everything depends on keeping a pro-oligarchical political climate in the state. Biden personally is a tool of MBNA, a credit card issuer that was recently absorbed by the Bank of America, which presumably now also owns Biden. Biden got at least $215,000 from MBNA over the past decade. MBNA is notoriously one of the biggest predatory lenders and interest rate gougers in the entire usurious world of credit cards, and Biden’s services to them are precisely in this area: Biden was a big supporter of the 2005 bankruptcy law which makes it much harder for working families to escape debt bondage and debt slavery just what the looters at MBNA ordered. Biden has also boasted that he wrote the ban on assault weapons, a measure that is sure to cause problems among the bitter clingers of Appalachia who are concerned about gun ownership.
Obama has voted for the rotten compromise on FISA illegal wiretaps ordered by Bush that grants retroactive immunity to the telecoms. Biden is also an enthusiastic police state totalitarian. In 1995, after the Oklahoma City false flag bombing, Biden submitted an oppressive police state bill, in many ways a precursor of Bush’s infamous Patriot Act. “I drafted a terrorism bill after the Oklahoma City bombing,” boasts Biden. “And the bill John Ashcroft sent up was my bill.” Biden’s only regret is that he was not able to undermine political freedom as much as he wanted to.
Obama’s drooling acolytes have argued all summer that to name Senator Clinton to the ticket would negate Barky’s profile of youth, change, hope, and so forth. Clinton has been a national figure for almost twenty years, but she has been dumped in favor of Biden, who has been in the US Senate for about 36 years and is about as stale and hackneyed as a political figure could be. The difference is that Biden’s track record established him as an obedient servant of the Wall Street banks that have their post box headquarters in his state; the Clintons, by contrast, represent the closest thing we have to political combination not wholly owned by Wall Street and capable of saying no to the bankers when they demand austerity and aggression, as they are assuredly doing now. Rockefeller and Soros do not want Sen. Clinton in the presidential succession under any circumstances, and this is an important positive qualification for the New York senator....
If you have credit cards, you probably know that Delaware is the credit card capital and that’s for good reason.
But I disagree with the statement that Hillary Clinton is the better choice because supposedly Rockefeller and Soros don’t want her to be president. They’re ALL bought and paid for. And it was Bill Clinton who eliminated many banking regulations, allowing the crazy bank investments that caused the current credit crisis.
Yes, things got a lot worse under Bush, but I just don’t see a big difference. Things would have gotten just as bad if Clinton had a 3rd term or under any other “electable” candidate. Due to the current voting system, independents and candidates who are NOT bought and paid for are NOT electable.
Please post details if Senator Clinton took ANY action against the banks, credit bureaus, collectors, corrupt courts, etc.
