Tag: Wall Street

Hausmann hypocrisy: Guaido coup official raked in dollars from dictators and banking behemoths while promoting ‘democracy’ for Venezuela

Ricardo Hausmann slammed banks for doing business with Venezuela’s elected government. But financial disclosure forms filed with Harvard show the putsch-plotting economist earned fees from kings, dictators, and military occupiers.

By Anya Parampil

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Why a Wall Street Banker Joined Venezuela’s Revolution

Venezuelan financial analyst Juan Carlos Peraza explains why he gave up a lucrative job as a Wall Street banker and returned home to support Hugo Chávez and the Bolivarian Revolution.

By Ben Norton

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Obama admits bipartisan capitalist ‘Washington Consensus’ fueled far-right and multiplied inequality

Former US President Barack Obama admitted that the neoliberal capitalist policies he and his predecessors supported fostered the rise of the far-right and grossly exacerbated inequality.

By Ben Norton

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At elite gala with ex-Bush official, Obama tells Wall Street to thank him for making so much money

“Just say thank you, please,” former President Obama told a room full of bankers, and boasted of making the US the world’s largest oil producer at an opulent gala with James Baker.

By Ben Norton

Barack Obama urged bankers to thank him for helping make them so much money during his tenure as president. He also boasted of turning the US into the world’s largest oil producer, while surrounded by wealthy Republicans in tuxedos.

Obama made these appeals for elite adulation at a lavish gala hosted by former Secretary of State James Baker. His comments came just a few hours after he met with former Republican President George H. W. Bush at his home in Texas.

If there was any single event that captured Obama’s centrist, neoliberal capitalist politics, it was the former Democratic president’s oligarch lovefest in Houston on November 27.

At this sumptuous black-tie gala, Obama talked the 1,100 elite guests into raising a staggering $5.4 million, in just one night (at an average donation of nearly $5,000), for Rice University’s centrist, pro-corporate Baker Institute for Public Policy, the honorary chair of which is James Baker.

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