Manages Parisian Family Office. Began Wall Street, 82. Founded investment firm, Native American Advisors. Member, White Earth Chippewa Tribe. Was NYSE/FINRA arb. Conservative. Raised on Native reservations. Pureblood, clot-shot free. In a world elevated on a tech-driven dopamine binge, he trades from Ghost Ranch on the Yellowstone River in MT, his TN farm, Pamelot or CASA TULE', his winter camp in Los Cabos, Mexico. Always been, and will always be, an optimist.

Wednesday, June 13, 2012

JPM Bribery

Those bribed by Jamie Dimon are asking questions of the same person who paid them. That this theatrical hearing will be a farce is by well known by absolutely everyone. The reason it's called a bribe is simple.  When it comes to "purchasing" a room full of Senators (not to mention the script for today's "hearing"), JP Morgan is always at the top. It cost JP Morgan just under $1 million, or $877,798.00 to be precise in lifetime campaign contributions, to buy itself precisely one Senate Banking Committee.

And where it gets really fun is that between the Chairman, Tim Johnson (D - SD), and the ranking member Richard Shelby (R - AL), JP Morgan has been the top and second biggest campaign contributor, respectively.

Also, 9 (at least) of the total 22 members of the committee have received some form of bribe from JPM over the years.
The average clueless American hasn't a grip on the fact that lobbyists spend over one billion dollars per day inside the Beltway.   No wonder we are headed the way of Greece, Italy, Spain, etc.

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