Wall Street On Parade

Fossil Fuel Industry Could End Up Paying Tens of Billions for LA Wildfires and Deceiving the Public on Climate Change for Decades

Fossil Fuel Industry Could End Up Paying Tens of Billions for LA Wildfires and Deceiving the Public on Climate Change for Decades

By Pam Martens and Russ Martens: January 24, 2025 ~ On October 21, 2020, during Donald Trump’s first term as President, former President Barack Obama delivered a speech at a Democratic campaign rally in Philadelphia. During the remarks, Obama got to the core of how the fossil fuel industry had shaped the Trump administration. He stated: “The Environmental Protection Agency, that’s supposed to protect our air and our water, is right now run by an energy lobbyist that gives polluters free reign to dump unlimited poison into our air and water… “The Interior Department, that’s supposed to protect our public lands and wild spaces, our wildlife and our wilderness. And right now, that’s run by an oil lobbyist who’s determined to sell them to the highest bidder.” During Trump’s first term, the fossil fuels industry and particularly Charles Koch, Chairman and CEO of the fossil fuels conglomerate, Koch Industries, were brazen in … Continue reading →

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It’s Being Called the Biggest Grift by a President in U.S. History: Trump and First Lady Launch their Own Crypto Coins

It’s Being Called the Biggest Grift by a President in U.S. History: Trump and First Lady Launch their Own Crypto Coins

By Pam Martens and Russ Martens: January 22, 2025 ~ The crypto billionaires who played a major role in putting Donald Trump in the White House and defeating the reelection of honest Senators who had sat on the Senate Banking Committee, were celebrating their big wins at the Crypto Ball last Friday night at the gilded Mellon Auditorium just down the street from the White House, when they were blindsided by a Tweet from President-elect Donald Trump. The Tweet delivered the bombshell news that Trump – two days away from being sworn in as President of the United States — had just launched his own crypto coin: “My NEW Official Trump Meme is HERE! It’s time to celebrate everything we stand for: WINNING! Join my very special Trump Community. GET YOUR $TRUMP NOW. Go to http://gettrumpmemes.com — Have Fun!” Numerous attendees at the Ball thought this was such over-the-top grift, even for … Continue reading →

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Trump Plans to Install a Fracking CEO to Head the Energy Department and Declare a National Emergency on Energy to Gain Vast Powers

Trump Plans to Install a Fracking CEO to Head the Energy Department and Declare a National Emergency on Energy to Gain Vast Powers

By Pam Martens and Russ Martens: January 20, 2025 ~ Chris Wright, President-elect Donald Trump’s nominee for Secretary of the U.S. Department of Energy, celebrated his 60th birthday on January 15 by providing ludicrous answers during his Senate confirmation hearing. The periodic screams and outbursts from activists in the hearing room punctuated the Orwellian proceedings. At one point a young woman leapt to her feet and screamed out: “I’m 18 years old and I want a future!” Screams of “LA is burning” erupted periodically. Other activists held up bright yellow signs with bold black lettering that read: “Big oil profits, LA burns.” All disruptors were quickly escorted from the hearing room by Capitol Police. The young activists had good cause to be outraged. As their fellow citizens in Los Angeles return to the smoldering ruins of thousands of homes destroyed by 100 mile per hour winds and dry brush fueling raging wildfires … Continue reading →

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