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Fiscal "cliff"--another reason for Wall Street's mouthpieces to whine about "uncertainty."

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No Elephants Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Nov-28-12 11:25 AM
Original message
Fiscal "cliff"--another reason for Wall Street's mouthpieces to whine about "uncertainty."
Edited on Wed Nov-28-12 11:56 AM by No Elephants
Again, I have a news flash for Wall Street. It has no God-given right to certainty and no man can deliver certainty to Wall Street.

There was no certainty just before the crash of 1929, when Wall Street was unregulated. There was no certainty just before Silver Thursday in 1980. And so on.

There was no certainty a few weeks ago before Sandy hit, either.


No one on earth owes you certainty, least of all the poor, the seniors or the disabled of the United States.

Life is uncertain. Put on your big boy or big girl pants and deal with it.






P.S. In Tragedy and Hope, Carroll Quigley said, in essence, that it would be best if Republicans and Democrats were as alike as possible. That way, financial markets could have certainty.

In his freshman year in the School of Foreign Service at Georgetown, future U.S. President Bill Clinton took Quigley's course, receiving a 'B' as his final grade in both semesters.<2> 94, 96

Clinton named Quigley as an important influence on his aspirations and political philosophy in 1991, when launching his presidential campaign in a speech at Georgetown.<2> 96 He also mentioned Quigley again during his acceptance speech to the 1992 Democratic National Convention, as follows:

"As a teenager, I heard John Kennedy’s summons to citizenship. And then, as a student at Georgetown, I heard that call clarified by a professor named Carroll Quigley, who said to us that America was the greatest Nation in history because our people had always believed in two things–that tomorrow can be better than today and that every one of us has a personal moral responsibility to make it so."


http://en.wikipedia.org/wiki/Carroll_Quigley#Influence_on_Bill_Clinton

Of course, Bill Clinton went on to be both a founding member of the Democratic Leadership Council and the first Presidential candidate to be endorsed by the Democratic Leadership Council, as well as the only Democratic President to urge repeal of Glass-Steagall. (JFK, supposedly Clinton's other big hero, often spoke reverently of FDR, though, and Joseph Kennedy was the one to whom FDR looked to fashion regulation of Wall Street. So, it's hard to fathom how one reveres both JFK and Quigley)

And now, almost the entire Party, local, state and federal, is in DLC mode.
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Enthusiast Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Nov-28-12 04:34 PM
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1. Well, that explains why Clinton
betrayed working class Americans through siding with Republicans to enact Gramm-Leach-Bliley.
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No Elephants Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Nov-29-12 01:50 AM
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2. According to Senator Harkin, Clinton and Greenspan were browbeating Congress to pass it.
There are some videos on You Tube of Quigley, whose name should have been Quisling.

Quigley was also known for his research on secret societies. Coincidence?

Sad to say, he was born in Boston (in 1910) and attended Harvard from college to Ph.d. Then again, Boston belonged to the Brahmins for a long time.


Quigley was a forerunner of making sure the nation worked for the plutocrats, while teaching diversity. (Peons of every color and creed should have the same opportunity to be fucked over by the government they support and their plutocrat masters, whom their government supports.) And he taught young (and therefore impressionable) people who aspired to work for government.



From 1941 until 1969, he taught a two-semester course at Georgetown on the development of civilizations. According to the obituary in the Washington Star, many alumni of Georgetown's School of Foreign Service asserted that this was "the most influential course in their undergraduate careers".<1>

In addition to his academic work, Quigley served as a consultant to the U.S. Department of Defense, the U.S. Navy, the Smithsonian Institution, and the House Select Committee on Astronautics and Space Exploration in the 1950s.<1> Quigley served as a book reviewer for the Washington Star and was a contributor and editorial board member of Current History.<2> 94 His work emphasized "inclusive diversity" as a value of Western Civilization long before diversity became commonplace, and he denounced Platonic doctrines as an especially pernicious deviation from this ideal, preferring the pluralism of Thomas Aquinas. Quigley said of himself that he was a conservative defending the liberal tradition of the West. He was an early and fierce critic of the Vietnam War, and he was against the activities of the military-industrial complex.

<snip>

One distinctive feature of Quigley’s historical writings was his assertion that secret societies have played a significant role in recent world history. His writing on this topic has made Quigley famous among many who investigate conspiracy theories.<2> 90, 96, 98 Quigley’s views are particularly notable because the majority of reputable academic historians profess skepticism about conspiracy theories.<4>

<snip>

According to Quigley, the leaders of this group were Cecil Rhodes and Alfred Milner from 1891 until Rhodes’ death in 1902, Milner alone until his own death in 1925, Lionel Curtis from 1925 to 1955, Robert H. (Baron) Brand from 1955 to 1963, and Adam D. Marris from 1963 until the time Quigley wrote his book. This organization also functioned through certain loosely affiliated “front groups”, including the Royal Institute of International Affairs, the Institute of Pacific Relations, and the Council on Foreign Relations. <6> 132, 950-952

In addition, other secret societies are briefly discussed in Tragedy and Hope/b], including a consortium of the leaders of the central banks of several countries, who formed the Bank for International Settlements.<6> 323-324



http://en.wikipedia.org/wiki/Carroll_Quigley


One of the things that used to be on the DLC website was that Al From and Hillary Clinton went to visit Eurpean leaders to spread the DLC gospel, including Blair, who later became known as Bill Clinton's poodle.

P.S. I am not a fan of the Democrat Leadership Council, New Democrats, Third Way or No Labels.

Thanks to them, elections no longer have economic consequences, which is exactly what Quigley thought would serve the world financial markets.
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No Elephants Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Nov-29-12 01:52 AM
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3. P.S. Imagine if the election replacing Hoover had not had many economic consequences.
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No Elephants Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Nov-29-12 02:07 AM
Response to Original message
4. P.P.S. Quigley's wiki lists two people he influenced greatly, Bill Clinton and Cleon Skousen
Willard Cleon Skousen (January 20, 1913 – January 9, 2006) was an American author, conservative American constitutionalist and faith-based political theorist.<2> He was also a prolific popularizer among Latter-day Saints (Mormons) (LDS) of their theology. A notable anti-communist and supporter of the John Birch Society,<3> Skousen's works involved a wide range of subjects including the Six-Day War, Mormon eschatology, New World Order conspiracies, and parenting.<4> His most popular works are The 5,000 Year Leap and The Naked Communist. A book by Skousen on end times prophecy, The Cleansing of America, was published by Valor Publishing Group in 2010, four years after his death.<5>


Much more at: http://en.wikipedia.org/wiki/Cleon_Skousen
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