"President Food Stamps" is a Karl Rove-style term that was coined by right-wing reactionaries to divert attention from the fact that Obama is a puppet of Wall Street just like his ideological cousin, Romney, is:
-----------------------------http://www.globalresearch.ca/index.php?context=va&aid=16488Obama's Big SelloutThe president has packed his economic team with Wall Street insiders
by Matt Taibbi
Global Research, December 10, 2009
Rolling Stone - 2009-12-09The president has packed his economic team with Wall Street insiders intent on turning the bailout into an all-out giveaway
Barack Obama ran for president as a man of the people, standing up to Wall Street as the global economy melted down in that fateful fall of 2008. He pushed a tax plan to soak the rich, ripped NAFTA for hurting the middle class and tore into John McCain for supporting a bankruptcy bill that sided with wealthy bankers "at the expense of hardworking Americans."
Obama may not have run to the left of Samuel Gompers or Cesar Chavez, but it's not like you saw him on the campaign trail flanked by bankers from Citigroup and Goldman Sachs. What inspired supporters who pushed him to his historic win was the sense that a genuine outsider was finally breaking into an exclusive club, that walls were being torn down, that things were, for lack of a better or more specific term, changing.
Then he got elected.
What's taken place in the year since Obama won the presidency has turned out to be one of the most dramatic political about-faces in our history. Elected in the midst of a crushing economic crisis brought on by a decade of orgiastic deregulation and unchecked greed, Obama had a clear mandate to rein in Wall Street and remake the entire structure of the American economy.
What he did instead was ship even his most marginally progressive campaign advisers off to various bureaucratic Siberias, while packing the key economic positions in his White House with the very people who caused the crisis in the first place. This new team of bubble-fattened ex-bankers and laissez-faire intellectuals then proceeded to sell us all out, instituting a massive, trickle-up bailout and systematically gutting regulatory reform from the inside.
]http://www.prisonplanet.com/romney-and-obama-share-same-bankster-campaign-contributors.htmlRomney and Obama Share Same Bankster Campaign Contributors
January 17, 2012
Like Obama, Mitt Romney is a wind-up doll for Wall Street and the bankers. There is virtually no difference between them despite all the fetid air from the GOP propaganda machine.Romney’s Bain Capital owns the “conservative” propaganda machine,
This is revealed by a quick look at Romney’s top contributors. An Open Secrets pag
e on top Romney contributors reads like a Who’s Who of Wall Street and the financial cartel. The top contributor is Goldman Sachs, followed by Credit Suisse Group, Morgan Stanley, Bank of America, JP Morgan Chase, UBS, Citigroup, Wells Fargo and Barclays – major players in the Wall Street and City of London bankster constellation.
Bain Capital is also on the list. It is a “financial services” and investment firm co-founded by Romney. Bain owns
the establishment media propaganda conglomerate Clear Channel, which explains why “conservative” talk show hosts like Limbaugh, Hannity and Levin are supporting Romney, especially with the strong showing of Ron Paul in the primaries. Both Savage
(real name Weiner) and Levin
have gone so far as to call Paul a threat to the country.
In December, Mitt refused
to release the identity of his “bundlers,” or people who gather contributions from many individuals in an organization or community and give the cash to the campaign.
In other words, the above list is only the tip of the iceberg. Romney’s lack of transparency about his bundlers indicates he is getting money from sources that want their identity concealed.
In November, it was reported that Jimmy Lee, a veteran Wall Street investment banker, and three other top executives at JPMorgan Chase & Co hosted a $2,500-per-person reception for Romney.
“I am committed to doing all that I can to help his campaign because I also believe he is the strongest challenger to President Obama,” Lee told Reuters
. Lee said he has known Romney for almost all of his Wall Street career and that he made one of the first loans to Romney at Bain Capital.
It is not clear why Mr. Lee opposes Obama – his campaign contributors are almost a carbon copy
of Mitt’s. Goldman Sachs, JP Morgan (where Lee worked), Citigroup, Morgan Stanley, USB and many of the same players donated heavily to Obama’s campaign in 2008.
It should be obvious by now that the dog and pony show known as the “election cycle” in the United States is a musical chairs affair with the same gaggle of bankers and transnational corporations calling the shots.