It was reported on Wednesday that the TARP-funded Chicago-based JPMorgan, whose CEO Jamie Dimon has been called by Obama ‘his favorite banker’, has given $5 million to the leftist social reform group ACORN.
Remember ACORN is accused of operating what this program is called a shell game and some members of Congress have called ACORN ‘a criminal enterprise that funnels government money between its 361 different entities’. The Obama administration may be distancing itself from the community organization, but not from the funders. JPMorgan CEO Jamie Dimon has been called ‘Obama's favorite banker’. From the New York Times, Dimon also reportedly has a phone hotline [to] chief of staff Rahm Emanuel and Treasury Secretary Tim Geithner…JP Morgan Chase we had just giving five million in cash to ACORN.
In another example of its support for community organizers, JPMorgan, whose midwest chairman Bill Daley co-chaired Obama’s inaugural committee and is the brother of Chicago mayor Richard Daley, gave $400,000 to protesting workers at Chicago’s Republic Windows & Doors.
JPMorgan Chase & Co. plans to contribute $400,000 to Chicago’s Republic Windows & Doors LLC, where employees are staging a sit-in to protest the plant’s closing, U.S. Representative [Democrat] Luis Gutierrez said.
JPMorgan, which owns 40 percent of Republic through its Chase Capital Partners investment unit, pledged the money “for the exclusive benefit of the plant’s workers,” Gutierrez said in a statement posted on his Web site.
Journalist Webster Tarpley has reported that Obama was recruited into politics at the New York Ivy League Colombia University in the early 80’s by the leftist former Carter National Security Advisor Zbigniew Brzezinski, who was a professor when Barack attended there. He was also groomed by the late cold war liberal professor Samuel Huntington, who co-authored with Brzezinski ‘Political Power: USA / USSR’ and taught at Harvard Law School during Obama’s stay.
“If we look at recent US presidents we would have to conclude that Barack Obama is the most controlled by Wall Street banking interests that we have seen in recent memory, maybe in the last hundred years” states Tarpley.
He also pointed out that “About $13 trillion of Federal Reserve and US Treasury money have gone to Wall Street to save it from bankruptcy.”
“My finding in terms of Obama’s biography is that he was probably recruited by people like Zbignew Bzesinsky or Samuel P. Huntington at the Columbia University in 1981-1982, so Obama was groomed over a long period of time” shares the journalist.
“Obama is simply the unity candidate of the entire financier lead of the top US money center banks” he says.