The first thing President Obama should have tackled was Wall Street and to date he has done nothing. In fact he employed two of the biggest crooks, tax dodger Tim Geithner and that Libertarian dirtbag Larry Summers who have done a masterful job of not only handing out over a $trillion to institutions which should have been allowed to fail (AIG, Merrill Lynch, Citibank, Bank of America et al) but worse after doing so, have sat on their hands and done nothing about regulating an industry which is so rotten and corrupt to the core. You see they are of the same believers as the biggest economic terrorist of all, the formerly hallowed Alan Greenspan.

The vast majority of Wall Street bankers and their backers are not Republicans or Democrats; they are Libertarians. Libertarians, by definition are close to Anarchists. They believe that government should have no toehold in any part of our lives, there should be no (or little at worst) taxes, and they espouse to allow a free and unregulated markets be the best judge of good or evil. Greenspan has been an unashamedly self confessed capitalist since the day he graduated from NYU. However he goes one step further, he is also a libertarian. How could a man so cynically opposed to every function of government, run the most important part of Washington, the flow and cost of money, as Chairman of the Federal Reserve for twenty years? How dumb we really are to sit back and allow successive Presidents since Nixon to be sucked in by the Wall Street lobbyists and continue, after this country is all but destroyed, to allow Libertarian terrorists not only control Washington from the inside but also continue to control Wall Street.

Ten years ago when President Clinton worked in the Oval Office he appointed one of the smartest D.C. lawyers, Brooksley Born to head CFTC (Commodity and Futures Trading Commission) a commission that was never given any clout because of the power of Wall Street. Very quickly after realizing Wall Street was running amok without any oversight, single handedly, this woman did everything to draw to Washington’s attention to the fact that the financial system was heading for a meltdown. In 1998, she appealed to President Clinton that derivatives and other similar financial instruments needed to be brought not only under closer scrutiny, but totally regulated. Led by Rubin, Greenspan and most Democrat and Republican senior politicians, she was rubbished and ridiculed at every congressional hearing. Clinton embarrassed at her refusal to tone down, finally fired her. Ten years on, excluding those Libertarian assholes led by Greenspan, Rubin, Geithner and Summers, every person then in a position to take note and act now must feel hugely guilty for the treatment meted out to her. Greenspan goes on to be awarded the Presidential Medal of Freedom while Born disappeared into early retirement.

Save a few ineffective idiot Muslim zealots living in this country, the real terrorists who have been responsible for such collateral damage to America are the dirtbags on Wall Street, their buddies in Washington and those numbskull politicians who were so happy to buy into their bullshit. Bernie Madoff, was a mere peon in the greatest conspiracy in history and he received 150 years jail. Greenspan, Rubin, Arthur Levitt, a previous head of the SEC, Summers, and Geithner and many others should be publically hanged after being found guilty of destroying the very foundation of America’s financial system.

President Obama, you need to change direction here. Once the health care deal is done, focus on the things that are wrong within America and start setting about to clean this country up and you can begin by ridding it of corruption, greed and avarice at the top as much as possible. It may mean bringing a few of your own to justice but I don’t care. Every time I see that tax dodger Geithner on TV with those eyes that look like a deer’s caught in the headlights, he becomes the first guy I want to see breaking bread in clink! Let Greenspan share a cell with Levitt and Rubin with Summers inside Sheriff Joe Arpaio’s Maricopa Jail. They will all look so cute dressed in pink and submissively taking orders being barked from the mouth of Sheriff Joe! Joseph McCarthy in the fifties would have been better off taking on the libertarians rather than the communists. Not one American can claim their lives were adversely affected by a fellow citizen being a member of the Communist Party, but 300 million Americans can attest to how their lives were irrevocably changed for the worse by libertarians.

With his empire in tatters, Sir Allen is presenty holed up in the Virginia home of one of his girlfriend’s awaiting his fate. I suppose just like Bernie, he will be confined to one of his many mansions while the authorities sort out the charges he will face. It sickens me that this scumbag crook who has raped and pillaged over 50,000 people can continue to lead the life of Riley maybe for many years to come while awaiting criminal charges. Compare this to what Bruce McCaffrey, formerly of Qantas, has had to endure. Bruce is about to start his six month holiday in the Big House for being an at-will employee of Qantas fingered as being responsible for colluding on fuel surcharges. McCaffrey profited not one cent from his so-called illegal behavior, but because of ill health and the lack of enough personal funds to defend himself, he pleaded guilty to get it over and done with. Where is there justice?

Earlier this month China declared a catastrophe; year over year November exports plummeted a massive 2.2%. Japan, the world’s number two economy, on the other hand announced their exports plunged 26.7%. Here we have the Ports of Los Angeles and Long Beach, the gateway for Asian imports are literally ghost towns for the past four months. The shipping industry is in total turmoil with nose-diving freight rates and fleets of container ships laid up. Meanwhile China is trying to tell us they are all but unaffected by the global meltdown in trade. This is in spite of leaks coming out of China that business activities such as the toy industry is now 50% of what it was at peak, with tens of thousands of factories shuttered and tens of millions of migrant (Chinese slave labor) Chinese from the agricultural hinterland returning home to their family rice paddy plots.

In a nutshell, the Chinese from their President Hu Jintao down to the lowest level Communist officials are totally arrogant, corrupt liars and cheats. In reality, Wall Street is not too far behind China since they actually share a great deal in common. Whereas a Chinese official might make up to tens of $millions practicing their craft, those Wall Street “gurus” led by fallen kings such as Bernie Madoff, Richard Fuld (Lehmann Bros) and Alan Schwartz (Bear Sterns) ran off with $billions in their pockets. At least in America, whether it was too late or not, Wall Street and greedy corporation CEO’s have been exposed for what they truly were/are. By contrast, in China until they return to being the agrarian economy they once were; which is what I predict happening with the wealth of the country based by barter, as was the case for centuries, China will continue to be run by filthy lowlife Communist Party officials.

In the geo-political arena, America’s ineffectual administration under George “Dubya” has lost all respect on the world stage. Much of it was brought about by sheer stupidity of an inept leader. Thanks also goes to China and Russia who have undermined this great country. Our global influence has never been so low in more than one hundred years. China, with its neighbor, Russia are our true enemies in every way. Why? The leadership of both countries are not only liars of the first order, but they also run corrupt governments. While Cheney/Bush did very well at covering up the collapse of our financial system, until it had to spend $trillions salvaging it a couple of months back, at least in a Judeo/Christian society there are checks and balances, that in the end, protect us as the greater good for mankind is the over-riding factor. What many of us do not realize is that Communism’s “official religion” is atheism. At the end of the day we have a higher order to answer to; China and Russia don’t. That is why Chinese have no conscience tainting their food exports with poison, making dangerous toys with leaded paint, tires that fall apart, supplying toxic pharmaceutical ingredients, producing a high failure rate in computer components, poor assembly of scooters and cars etc, etc. Add this China’s flagrant abuse of copyright or intellectual property and we have our enemy number one.

I say to Obama give China the flick and make it quick. We don’t need their ilk feeding off us. They are the antipathy in every way of what America stands for.