Bob Higgins

Donald Duck Meets Glen Beck

Posted in Financial Crime, Humor, News, Politics, Pop Culture by Bob Higgins on October 11, 2010
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By Jonathan McIntosh, Rebellious Pixels

This is a re-imagined Donald Duck cartoon remix constructed using dozens of classic Walt Disney cartoons from the 1930s to 1960s. Donald’s life is turned upside-down by the current economic crisis and he finds himself unemployed and falling behind on his house payments. As his frustration turns into despair Donald discovers a seemingly sympathetic voice coming from his radio named Glenn Beck.

Will Donald’s feelings of disenfranchisement lead him to be persuaded by his radio’s increasingly paranoid and divisive rhetoric? Or will our favorite Disney duck decide that this voice is not actually on his side after all? Watch and find out! (more…)

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Who’s Making A Bundle On America’s Downfall?

Posted in Financial Crime, News, Politics by Bob Higgins on September 30, 2010

[Editor’s note: Today’s morning mail included the article below by Zach Carter at CFAC. It included some wonderfully revealing graphics and charts showing which members of congress are benefiting from the financial rape of America and the destrucion of our middle class by the Sauronic villains of Wall Street.

As you mull over for whom you’ll vote in the midterm election you may want to keep Zach’s article in mind, you know… to compare. Bob Higgins ]

Crony Capitalism: Wall Street’s Favorite Politicians

By Zach Carter

A full 90 members of Congress who voted to bailout Wall Street in 2008 failed to support financial reform reining in the banks that drove our economy off a cliff. But when you examine campaign contribution data, it’s really no surprise that these particular lawmakers voted to mortgage our economic future to Big Finance: This election cycle, they’ve raked in over $48.8 million from the financial establishment. Over the course of their Congressional careers, the figure swells to a massive $176.9 million.
The complete list of these Crony Capitalists is below, along with the money they pulled in from Big Finance, according to data compiled by the Center for Responsive Politics (opensecrets.org). The career data goes back to 1989. Of the 69 House members who voted with Wall Street on both the bailout and financial reform, 60 are Republicans, while nine are Democrats. All 21 Senators who voted with Wall Street on both issues are Republicans, and Republicans raked in over 90 percent of the total campaign contributions. [At right above] is a chart showing Wall Street’s total contributions to this crowd for the 2010 cycle, by political party:

And here’s one showing total Wall Street contributions over the course of their careers:

Read the rest at Crony Capitalism: Wall Street’s Favorite Politicians | OurFuture.org.

Send the Marines to Wall Street, Bring Back Our Money

Posted in Politics by Bob Higgins on January 29, 2009

economyby Bob Higgins

Banks, brokers, their insurers and accountants, hell, the whole corrupt financial industry now constitutes the “distinctly native American criminal class” designation that Mark Twain’s Pudd’nhead Wilson ascribed to the congress a century ago.

It seems that not a day passes without revelations that fraud, Ponzi schemes, insider trading, or other illegal or unethical practices are the rule rather than the exception in the world of high finance.

Today was no exception as the NYT reported that JP Morgan pulled a quarter of a billion dollars out of Bernie Madoff related investments before Madoff’s arrest and didn’t inform other investors, effectively leaving them holding an empty bag.

The other item, also from the Times offers further illustration of the orgy of excess going on in the canyons of Wall Street. Last year, they report, was the sixth largest in history for bonuses, with the gamblers, scalpers and other assorted players leaving the tables with an astounding 18.4 billion. This while the country tightens its collective belt, loses its collective job and reduces its collective expectations. President Obama (I admit to enjoyment when I type that) spoke to reporters before a morning meeting with VP Joe Biden and Treas. Sec. Tim Geithner:

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