STEVE PIECZENIK TALKS

“HUSTLE AND FLOW”:  Pimps, Whores, Johns – Summer Season for Political/Economic Prostitution:  Larry Summers [Chairman of the Federal Reserve];  Freshmen Congressmen:  Andy Barr[R-Kentucky]; Tom Cotton [R-Missouri]; Ann Wagner[R-Kentucky]; Patrick Murphy [D-Florida].

Many of you may have seen the wonderful independent film called  “Hustle And Flow”  about a pimp [Terrence Howard] who dreams of becoming a ‘rap singer’.

In the meantime,  he ‘hustles’ his ‘whores’ to make a living.

For me,  the following lyrics encompass the problems that we,  honest,  small-time American business people/citizens,  face in making a living when ‘the big boys’  like former  Clinton/Obama’s top economic advisor --Lawrence H. Summers  Larry -- ‘hustles and  pimps’ his way to the top job of—Chairman of the Federal Reserve [an unnecessary economic appendage distorting ‘free trade’].

The words go something like this:
  “You know,  it’s hard out to here for a pimp, 

   When he tryin’ to get this money for the rent”

In Sunday's  NYTimes  article,  (posted earlier)  describes the sly machinations of Larry  who goes from a ‘Harvard Economic Prof’ to Fed Chairman in just a few decades,   all the while ‘sucking up’ to Citibank,  JPMorgan,  Silicon Valley entrepreneurs,  and Washington policy makers – to be ‘ready for Fed Chairman’. 

  The excellent article written by Louise Story and Annie Lowrey entitled,  “The Fed,  Lawrence Summers, and Money” : goes into the omnibus of an avarice,  egregious political/economic  sycophant whose ambition is to accumulate a MIDAS TOUCH FOR MONEY and a ZEUS AMBITION FOR POLITICS ---- all the while –shuckin and jiving all the way through Wall Street after---get this:  after Larry  literally SCREWED THE AMERICAN PUBLIC AND MAIN STREET by eliminating the Glass –Steagall Bill.

As an incidental note,  the Glass Steagall Bill HAD LIMITED THE NEFARIOUS ACTIVITIES OF JP MORGAN CHASE,  GOLDMAN SACHS,  LAZARD FRERE,  WELLS FARGO from creating a CHAOTIC DERIVATIVES MARKET.   We  subsequently learned what happened when the banks BECAME  HIS WHORES:

“For the Cadillacs and gas money spent

Will have a whole lot of BITCHES JUMPIN’ SHIP”  [my emphasis].

But Larry never ‘copt his FINANCIAL  F..KUP’!!   Like any good pimp, Larry:

“Gotta couple girl workin’ on the changes for ‘him’ [me]

But I gotta keep my game tight like Kobe 

On the game night

Like talkin’ from a girl don’t know no better,

  I know that aint’ right.”

Next Larry  Hustled and Flowed all the way from only 7million dollars to $39million or more doing the following pimpin:
--Harvard Economic Professor.

His family is replete with Nobel Prizes for Economy. 

Sidebar:  The study of “Economics” is a ‘close intellectual relative’ to ASTROLOGY.   The latter has greater PREDICTIVE CAPACITY.

-- In 2011 ‘he jumped on a money spree’.   His clock was ticking because he knew that the Fed Chairman for which he long ASPIRED would open up in early 2014 when Ben S. Bernake [only  Princeton Prof.]  would leave.

-- Multimillion dollar consultations for Citigroup;  Hedge Fund D. E. Shaw [ $5million];  Goldman Sachs;  JP Morgan Chase  [‘inveterate crooks’-on their 20^th Fed Indictment and still going..] and the ‘Exchange Company OMX’.

-- Two Start-ups charging ‘Shylock Interests’  [“Lending Club,” Square]—19-29% interest rate for borrowing money when money only costs less than 1 %.

You see Larry claims he is ‘concerned about the poor people who need the internet loans and legality of the rates’.

Clearly he is not concerned enough to lower the usurious interest rates.

Again Larry reminds of  Terence Howard [ playing the ‘pimp’],  singing these words:

“Done seen people killed, done see people deal

 Done seen people live in poverty with no meals

It’s messed up where I live but that’s  just how it is

 It might be new to you but it’s been like this for years.”

Larry is not alone.

  The article next to the one on Larry’s ‘pimping’ is about another group of Freshmen Monetary Whores entitled ,

“For House Freshmen, Panel Offers Seats of Plenty”,  written by Eric Lipton.

  Let me quote from the article:
Rep. Andy Barr[R-Kentucky] with LITTLE EXPERIENCE in the INTRICACIES OF WALL STREET was among the “LUCKY FRESHMEN TO SECURE a SEAT ON THE POWERFUL FINANCIAL SERVICES COMMITTEE”.

 

The panel is called  the "THE CASH COMMITTEE".

Barr has raised as much money this year alone from political action committees run by major banks,  credit unions, insurance companies, etc.

  In six months Barr,   a “novitiate political pimp/whore” [he and the other legislators work “both sides of the street”] was ‘bought off ‘ with 150,000 dollars. 

Barr hosted credit union lobbyists and executives in his House office and promised them that he would PROTECT A FEDERAL TAX BREAK WORTH  $500 MILLION A YEAR.

  No work.  No risk.  No American entrepreneurial spirit.  No jobs.  No sweat. 

This club of ‘Honest Congressmen’ include :
  Tom Cotton [R-Arkansas]:  $111,500

Ann Wagner [R-Missouri]-about $100,000

Seven Democratic Freshmen have raised more money than the Maxine Waters, [D-Calif.] who has a testy relationship with the bankers.

Mr and Ms. America:  if you  want to become rich in America –PLEASE DON’T WORK !!! 

DON'T BUILD A Business—JUST “HUSTLE AND FLOW” LIKE A PIMP and WHORES OF OUR POLITICAL LEADERSHIP.

  America  has BECOME ONE BIG WHOREHOUSE—THANKS TO OUR  CORRUPT BANKING SYSTEM,  CORRUPT POLITICIANS  AND A LAZY POLITICAL BODY .

  We will all become ‘Pimps/whores’ if nothing is done:

“You know it’s hard out here for a pimp

 When he tryin’ to get his money for the rent…

 It’s BLOOD SWEAT TEARS when it COME TO THE LICK

 I’m TRYIN' TO GET RICH ‘FORE I LEAVE up out It

 I’m tryin’ to have THANGS but its HARD FOR A PIMP

So I’m PRAYIN’ and I’m HOPIN' To GOD I…
 DON'T SLIP…. YEAH!”  

What do we SUCKERS WANT TO DO ABOUT THIS “PIMPIN/WHORIN”?

--NOT PAY YOUR TAXES?

--NOT ELECT CONGRESSMEN/SENATORS?

--CHANGE THE CONSTITUTION?

--THROW OUT THE BUMS?

--TAKE DOWN THE BANKS?

--TAKE YOUR MONEY OUT OF THE BANKS/CREDIT UNIONS?

I will end this blog with these words because I don’t think America is ready to do anything about our problems:
“Man,  It seems like I’m duckin’ dodgin’ BULLETS EVERYDAY

Niggaz hatin’ ON ME CAUSE I GOT girls on the tray

But I gotta stay PAID,  GOTTA STAY ABOVE WATER

Couldn’t keep up with my girls,  that’ when THINGS GOT HARDER…”

 

Then I realize it will take time before we suckers can get our act together.. we have no one to express our rage….

“Wait I got a snow bunny, and a black girl too

You PAY THE RIGHT PRICE AND THEY'LL BOTH DO YOU…”

[It’s true for   Republicans, Democrats, Libertarians, Men, Women, LGBT, etc---WE ARE “Fu…D” !]

"Man,  these girls think we prove thangs, 

  LEAVE A BIG HEAD

  They come hopin’ every night,  they don’t end up bein’ 

DEAD….”

You know it’s hard out here for a PIMP…..”

  A WHOLE LOT OF BITCHES JUMPIN' SHIP!!!!!!"