Obama: Head Over Heels for Jamie Dimon and JP Morgan Chase
May 16th, 2012
Now that Obama’s financial disclosure forms show that he has a “JPMorgan Chase Private Client Asset Management” checking account with a million bucks in it, maybe a few of the star-struck lefties will look for a fearless leader who isn’t connected to Wall Street.
I said maybe.
Jamie Dimon, JP Morgan Chase CEO, CFR and Trilateral Commission member, New York Federal Reserve director and all around smart guy, according to Obama.
Obama is not shy when it comes to gushing over the banksters. He went on “The View” and praised JP Morgan Chase boss Jamie Dimon. He said Dimon is “one of the smartest bankers we got,” despite the mega-bank losing $2 billion in speculative derivatives trades and leading the charge in the destruction of the economy.
Of course, Dimon doesn’t really need to be boss at the Treasury. He controls the current secretary, Timothy Geithner, who is no slouch when it comes to the globalist agenda – he was president of the Federal Reserve Bank of New York, worked for Kissinger and Associates, and was a senior fellow at the CFR. His father ran “microfinance” schemes for the CIA’s Ford Foundation.
JP Morgan is a key player in the destruction of the U.S. economy. It is the largest derivatives dealer in the world. According to Fitch, JP Morgan Chase, Bank of America, Goldman Sachs, Citigroup, and Morgan Stanley together hold 80% of the country’s derivatives risk, and 96% of the exposure to credit derivatives. JP Morgan invented credit default swaps, the bankster sledgehammer taking down the U.S. economy. It was instrumental in the subprime lending fiasco that is now decimating the living standards of millions of Americans.
Obama can get away with showering praise on Dimon and JP Morgan because most Americans are ignoramuses when it comes to economics and politics, thanks to public mis-education at government-run schools and the establishment’s corporate media.
He will go into the election season espousing stale and transparent anti-Wall Street rhetoric that works like a charm on far too many Democrats and “progressives” who are so brainwashed by the false right-left paradigm that they actually believe Obama will save them from the “vulture capitalism” of Romney and the Republicans.