The big banks have bounced as the rest rest of us got shafted. They got theirs after trillions of dollars were tossed in their direction. Now that they’re back to being fat & happy they’re all of a sudden worried about the deficit. To quote Dick Cheney: Reagan proved deficits don’t matter. The bankers believed that as long as they were bankrupt. Now that the hogs have been slopped, the big banks quit believing in Cheney & Reagan.
To combat the deficit without raising taxes, the Banksters have their eye on Social Security. Get ready for the big raid. The point man in this attempt at grand larceny on a gigantic scale is one Robert Rubin.
Rubin apparently is hitching on as the latest economic guru of the increasingly embattled Obama Regime. Robert Rubin went from Top Mogul at Goldman Sachs to Treasury Secretary in the Clinton years. He was so powerful that Doug Ireland in the left-liberal NATION magazine quipped that he was the REAL President while Clinton was the President of mammograms, school uniforms and the V-chip; in other words a figurehead like Reagan & Bush Jr.
Rubin was also a walking, breathing conflict of interest. Together with slimeball Republican Phil Gramm, he spear-headed the de-regulation of the big Wall Street investment banking houses. That enriched Goldman Sachs and directly led to the financial crisis of 2008. (And put Wall Street darling Barrack Obama into the White House as nominal President.)
Now to clean up a mess he helped create, Rubin is leading the raid on Social Security.
The bleeding of Americans continues.