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Reply #2: This is consistent with Wall St.'s plans for CA Money [View All]

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Capn Sunshine Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Jan-02-05 02:13 PM
Response to Original message
2. This is consistent with Wall St.'s plans for CA Money
Edited on Sun Jan-02-05 02:15 PM by Capn Sunshine
At its core, the Schwarzeneger for Gov movement resembled power company/Enron in one respect: it's all about removing capital FROM California and putting it in Wall Street.

It's no coincidence that among the first things Gov Groper did was "settle" the Enron suit for pennies on the dollar. So the money at issue STAYS in Citibank, and does NOT return to CA.

One of the first things Arnold did upon his election was travel East, meet up with Wall Street--where they threw him a private 250,000 per plate fundraiser to retire his campaign debt ( remember he loaned himself a shitload of money that was in peril of not being paid back)

Next thing you know, Cali's "fiscal crisis" is underwritten and serviced by a WALL STREET INVESTMENT HOUSE when any number of California financial entities could have and should have done it, so all that capital now flows OUT of California every month instead of staying here and benefitting the fifth largest economy in the world.

Interfere with this cozy arrangement? Insist that these rapacious pigs play by the RULES if nothing else, with OUR MONEY? You get your career shortened, as Sean Harrigan discovered.

It's always about money , folks. And Gropenator is just a willing conduit. In the end, it's the little guy who pays, and THAT is the neocon plan in a nutshell.
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