{"id":2600,"date":"2014-12-07T15:03:00","date_gmt":"2014-12-07T20:03:00","guid":{"rendered":"http:\/\/olduvai.ca\/?p=2600"},"modified":"2014-12-07T15:03:01","modified_gmt":"2014-12-07T20:03:01","slug":"wall-street-moves-to-put-taxpayers-on-the-hook-for-derivatives-trades-liberty-blitzkrieg","status":"publish","type":"post","link":"https:\/\/olduvai.ca\/?p=2600","title":{"rendered":"Wall Street Moves to Put Taxpayers on the Hook for Derivatives Trades | Liberty Blitzkrieg"},"content":{"rendered":"<p><a href=\"http:\/\/libertyblitzkrieg.com\/2014\/12\/05\/wall-street-moves-to-put-taxpayers-on-the-hook-for-derivatives-trades\/\">Wall Street Moves to Put Taxpayers on the Hook for Derivatives Trades | Liberty Blitzkrieg<\/a>.<\/p>\n<p style=\"box-sizing: border-box; font-family: inherit; font-weight: 500; font-size: 0.9rem; line-height: 1.4rem; text-rendering: optimizelegibility; padding: 0px; margin: 0px 0px 1.25rem 0px;\">Wall Street has for some time attempted to put taxpayers on the hook for its\u00a0derivatives trades. I highlighted this a year ago in the post:\u00a0<strong style=\"box-sizing: border-box; font-weight: bold; line-height: inherit;\"><a style=\"box-sizing: border-box; background-image: initial; background-attachment: initial; background-origin: initial; background-clip: initial; background-color: transparent; color: #3473a6; text-decoration: none; line-height: inherit; background-position: initial initial; background-repeat: initial initial;\" href=\"http:\/\/libertyblitzkrieg.com\/2013\/10\/29\/citigroup-written-bankster-legislation-moves-through-the-house-of-representatives\/\">Citigroup Written Legislation Moves Through the House of Representatives<\/a><\/strong>. Here\u2019s an excerpt:<\/p>\n<blockquote style=\"box-sizing: border-box; border-left-width: 1px; border-left-style: solid; border-left-color: #dddddd; line-height: inherit; color: #6f6f6f; padding: 0.5625rem 1.25rem 0px 1.1875rem; margin: 0px 0px 1.75rem 0px;\">\n<p style=\"box-sizing: border-box; font-family: inherit; font-weight: 500; font-size: 0.9rem; line-height: 1.4rem; text-rendering: optimizelegibility; color: #232323; padding: 0px; margin: 0px 0px 1.25rem 0px;\"><strong style=\"box-sizing: border-box; font-weight: bold; line-height: inherit;\"><em style=\"box-sizing: border-box; font-style: italic; line-height: inherit;\">Five years after the Wall Street coup of 2008, it appears the U.S. House of Representatives is as bought and paid for as ever. We heard about the Citigroup crafted legislation currently being pushed through Congress back in May when\u00a0Mother Jones\u00a0reported on it. Fortunately, they included the following image in their article:<\/em><\/strong><\/p>\n<p style=\"box-sizing: border-box; font-family: inherit; font-weight: 500; font-size: 0.9rem; line-height: 1.4rem; text-rendering: optimizelegibility; color: #232323; padding: 0px; margin: 0px 0px 1.25rem 0px;\">\n<p style=\"box-sizing: border-box; font-family: inherit; font-weight: 500; font-size: 0.9rem; line-height: 1.4rem; text-rendering: optimizelegibility; color: #232323; padding: 0px; margin: 0px 0px 1.25rem 0px;\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-large wp-image-19655\" style=\"box-sizing: border-box; max-width: 100%; height: auto; display: inline-block; vertical-align: middle; margin-left: 0px; margin-right: 1.25rem; border: 0px initial initial;\" src=\"http:\/\/libertyblitzkrieg.com\/wp-content\/uploads\/2014\/12\/Screen-Shot-2014-12-05-at-3.32.12-PM-1024x755.jpg\" alt=\"Screen Shot 2014-12-05 at 3.32.12 PM\" width=\"620\" height=\"457\" \/><\/p>\n<p style=\"box-sizing: border-box; font-family: inherit; font-weight: 500; font-size: 0.9rem; line-height: 1.4rem; text-rendering: optimizelegibility; color: #232323; padding: 0px; margin: 0px 0px 1.25rem 0px;\"><em style=\"box-sizing: border-box; font-style: italic; line-height: inherit;\"><strong style=\"box-sizing: border-box; font-weight: bold; line-height: inherit;\">Unsurprisingly, the main backer of the bill is notorious Wall Street lackey Jim Himes\u00a0(D-Conn.), a former Goldman Sachs employee who has discovered lobbyist payoffs can be just as lucrative as a career in\u00a0financial services. The last time Mr. Himes made an appearance on these pages was in March 2013 in my piece:\u00a0<a style=\"box-sizing: border-box; background-image: initial; background-attachment: initial; background-origin: initial; background-clip: initial; background-color: transparent; color: #3473a6; text-decoration: none; line-height: inherit; background-position: initial initial; background-repeat: initial initial;\" href=\"http:\/\/libertyblitzkrieg.com\/2013\/03\/20\/congress-moves-to-deregulate-wall-street\/\">Congress Moves to DEREGULATE Wall Street.<\/a><\/strong><\/em><\/p>\n<p style=\"box-sizing: border-box; font-family: inherit; font-weight: 500; font-size: 0.9rem; line-height: 1.4rem; text-rendering: optimizelegibility; color: #232323; padding: 0px; margin: 0px 0px 1.25rem 0px;\">&#8230;click on the above link to read the rest of the article&#8230;<\/p>\n<\/blockquote>\n","protected":false},"excerpt":{"rendered":"<p>Wall Street Moves to Put Taxpayers on the Hook for Derivatives Trades | Liberty Blitzkrieg. Wall Street has for some time attempted to put taxpayers on the hook for its\u00a0derivatives trades. I highlighted this a year ago in the post:\u00a0Citigroup Written Legislation Moves Through the House of Representatives. Here\u2019s an excerpt: Five years after the [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[2],"tags":[1718,1668,1671,1734],"class_list":["post-2600","post","type-post","status-publish","format-standard","hentry","category-economics","tag-citigroup","tag-derivatives","tag-us-house","tag-wal-street"],"_links":{"self":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/2600","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=2600"}],"version-history":[{"count":1,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/2600\/revisions"}],"predecessor-version":[{"id":2601,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/2600\/revisions\/2601"}],"wp:attachment":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=2600"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=2600"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=2600"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}