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Israel/Zionism
See other Israel/Zionism Articles

Title: ‘Multi-millionaires in US Congress funded by AIPAC’
Source: [None]
URL Source: [None]
Published: Nov 5, 2013
Author: staff
Post Date: 2013-11-05 03:36:18 by Tatarewicz
Keywords: None
Views: 38
Comments: 1

PressTV:

US politicians are not willing to get a clear picture of Americans’ priorities because multimillionaires in US Congress are funded by pro-Israeli lobbies like the American Israel Public Affairs Committee (AIPAC), says Allen Ronald, an American online columnist.

As the US government ran a deficit of $680 billion in the financial year that ended last month, the House of Representatives Armed Services Committee has proposed a nearly half a billion dollar increase in military aid to Israel in order to fund Israel’s development of two missile systems and to finance the purchase of extra batteries for 2014.

The proposed aid is in addition to the $3.1 billion in military assistance that Washington provides to the regime annually.

The proposal comes as the US government has recently cut $5 billion from its food assistance program, forcing nearly 48 million Americans to cut back on their food purchases.

“The economy is still in the doldrums and the American people are suffering and the majority of the American people are living very, very close to poverty,” Ronald said.

As the American people are “starting to get their priorities right,” US officials appear not to be “getting the same picture,” Ronald added. “And the main reason is because the Congress is composed of multimillionaires who are quite honestly … funded by AIPAC.”

“American people’s priority is that ‘we want to come out of this economic malaise that we’re in right now,’” Ronald noted. But the US government “has its own agenda, this is why we have things like this aid to Israel,” he added.

The disconnection between the American people and the US government, he pointed out, “is setting the stage for a social revolution.”

ISH/ARA


Poster Comment:

Poor, unemployed folks can barely scape enough for food and rent let alone donate to politicians the kind of money Jew scamers can raise for Congress critters to make sure Israel gets top priority through US foreign policy (and still pay billion dollar fines for their scams).

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#1. To: All (#0)

Example scam

SAC to pay $1.2bn for insider trading SAC Capital Advisors is the first large Wall Street firm in a generation to acknowledge its criminal conduct. SAC Capital Advisors is the first large Wall Street firm in a generation to acknowledge its criminal conduct.

US federal prosecutors announced Monday that SAC Capital Advisors has agreed to plead guilty to insider trading violations and pay a record $1.2 billion penalty.

The giant hedge fund is the first large Wall Street firm in a generation to acknowledge its criminal conduct.

The government has also forced the company to terminate its business of managing money for outside investors, the New York Times reported.

Insider trading at SAC was “substantial, pervasive and on a scale without precedent in the history of hedge funds,” said Preet Bharara, the US attorney in Manhattan. His office has criminally charged eight former SAC employees; six have pleaded guilty.

According to the NY Times, despite lengthy investigations, federal authorities have not been able to build a case against SAC’s billionaire owner, Steven A. Cohen.

Cohen has said he has done nothing wrong and that he thinks the government intended to destroy him and his hedge fund.

SAC has been a top stock-trading client of major US banks including Goldman Sachs and JPMorgan Chase. It has paid the banks billions of dollars in commissions, according to the newspaper. The banks have also made profits extending loans to the hedge fund.

Cohen has also privately complained that he has to pay more than $1 billion out of his own pocket for the crimes of rogue employees, the NY Times said.

Cohen started SAC in 1992 managing $25 million. He reportedly earned $900 million a year in 2006 and 2007.

He lives across Long Island Sound in Greenwich, Conn., in a 36,000-square-foot home with an indoor pool and a two-hole golf course.

ARA/ARA

Tatarewicz  posted on  2013-11-05   3:46:11 ET  Reply   Trace   Private Reply  


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