Bush Bailout Act and Crash of 2008 notes and thoughts
From 911Truthpedia
Contents |
current economic bankster & looting news and comments
- [DN: Noam Chomsky on the Global Economic Crisis, Healthcare, US Foreign Policy and Resistance to American Empire] - gives a big picture of the dysfunctions of American democracy, we are the business party with factions, political support and politically possible only when business calls for it, demagogues appealing to people with real grievances with dangerous propaganda
- [The Housing Crisis Isn't A Crisis] - but then, the bailout supporters lied to transfer trillion to their coffers, while an employment/flat wage crisis looms the economy
- [Bailed-out banks face probe over fee hikes] - Panel Chair Warren: "In A Sense, We're Asking Taxpayers To Pay Twice", actually a 3rd time with the AIG 100% counterparty payment while the government owns AIG, and a 4th with the Geithner's banker takeover PPIP (Public-Private Investment Program) with the [government funding funding 93%] of the PPIP!
- [During a bear market, future of the 401(k) is questioned] - of course 401K are a scam only meant at first to supplement pensions, but then what would fuel wallstreets and banksters looting via booms and busts, come on people, wealth transfer upwards going to be harder, well not much more
- superb interview - The best way to rob the country. Economist William Black on Alex Jones (4/10/09) - [part1], [part2], [part3], [part4], [part5]
- ["We are fast approaching the stage of the ultimate inversion: the stage where the government is free to do anything it pleases, while the citizens may act only by permission."] - with the context of the false flag events, we have passed that line long ago
- [Individual vs. Corporate Income Taxes] ... in a corporatocracy run by bankster oligarchs of course individuals pay a lot more
- The question that should be asked, but is not (given the fascist corporate takeover) in the article - [Keeping tabs on the bailout] - Large financial institutions are failing; how do we make sure that there are some financial institutions to keep the economy going forward while we let the failures go? There was a real focus on saving all of the institutions rather than a focus on saving enough of a system to keep it workable for the underlying economy. - E. Warren Saving everyone is a lot more expensive than saving the minimal number to keep the economy functional.
- [Bank scams] Krugman quoting Jeff Sachs - a bank can create an off-balance-sheet entity that buys bad assets for far more than they’re worth, using money borrowed from taxpayers, then defaults — in effect a straight transfer from taxpayers to stockholders.
- [Just 53% Of Americans Say Capitalism Better Than Socialism ] - apparent free markets didn't exist when banksters received bailouts, so it's understandable people don't want the '(financial coup of America (bankster-bailout-looting) twisted economy under the guise of capitalism'
- [Banks aren't reselling many foreclosed homes] - it worked for De Beers, isn't that what cartels do? Besides, the government will simply give bailouts for the price banksters want with mark-to-fantasy
- [Goldman Sachs and the Manipulation of Oil Prices] - [Did Goldman Goose Oil?] -- [Both the U.S. Treasury Secretary and U.S. Energy Secretary Don't Think Speculators Are Behind High Oil Prices---They're Former Goldman Sachs and Fidelity Investments Executives!]
- ["In 1835, under President Andrew Jackson, the US Federal Budget was balanced and the National Debt was paid in full. This has never happened since." ]
- [Geithner's insistence on bank bail out rather than bankruptcy and restructuring has opened the window to very large scale finacial speculation against the very banks being "saved". In a Geithner/Summers structured finance world the incentive is to find the most creative way to burn the house down.]
- [Inflation for the rich, deflation for the poor.]
- [Truth about government bailouts Video] - plunderers exposed, and Pelosi's shill video, we were broke, but we spend even more, on nice things to have like health care and education (which we need), and we're ok, no still broke, Maxine Waters more genuine at "State of the Black Union" that the TARP is uncertain to succeed, same with the stimulus, the budget, etc. The meager stimulus for investments were simply not enough compared with the bailouts of banks.
- [Krugman: Making Banking Boring - "Part of the problem is that boring banking would mean poorer bankers, and the financial industry still has a lot of friends in high places."] - well, [when you have a trip to Bush/Obama's whitehouse, comes with the fascist territory]
- [Wall Street Stays Afloat by Laundering Drug Money -- One More Reason to End the War on Drugs] -- [Mexican president in a BBC interview: US authorities 'complicit' in drug trafficking]
- [Both Parties have persuaded us to fight amongst ourselves, while they unite to sell us out ]
- [Pentagon preps for economic warfare] - as we've said about what occurred during the Sept/Oct engineered financial economic warfare of 2008 -- [Who killed our economy -- "foreigners," or Washington, Wall Street, and the War Party?] - the "warlike mentality" characterization of American political culture is just a reflection of the “false consciousness” -- absolutely, though there has been a glamourization of the word "war". By the word "foreigners" think anti-American, so Washington, Wall Street, and the War Parties are foreign to American values. And if the trap is that Congress is not held accountable, the question is do you take your grievances to Congress being that they are [neither morally nor legally obligated to respond], or take it to the people?
- [Shill non-impeachment-bush-enabler Pelosi Calls For More Transparency From Fed]- though the question at 7:06 about fascist corporate rule right on, not by the puppet Congress but banksters looting America
- [Everyone is talking about "the shadow banking system", But we've also got a shadow government - auditing the fed]
- [financial propaganda media calls end to banking looting] with the [1st quarter post bailout profit of Wells Fargo] or [here] - to be used to line the pockets of shareholders, bondholders, and salaries and bonuses, yet derivatives are the smoke and mirrors of this taxpayer looting story. They took the TARP money and transferred it over from cash assets to operating capital and then cooked the books some more by hiding a whole lot of expenses that should have been posted. By hiding the expenses and transferring the Tarp funds to income they produced a FAKE profit. NOTE ! watch the 4th quarter results in December and look for the Adjustment. It will be explained as an oversight. Meanwhile the money that they made today will cover the new form of BONUS' the management will get.
- [How Wells Fargo turned that $3 billion profit: $865 Billion in Loans. Time to Really Examine the Wells Fargo $3 Billion First Quarter Expected Bounce. $57 billion in Pick-a-Pay Loans Still Waiting.]
- [P/E ratios skyrocket, Financial 'News' continues their old tricks] they continue their propaganda for financial banksters
- [The bailout corporation banksters form a new lobby to prevent any oversight of their prized "derivatives", a false fix guise is to use the cover of a privately run clearinghouse instead of exchange oversight authority]
- more bribery - conflict of interest - [Summers raked in 27 million from speaking fees from wallstreet] - the same firms that received billions in tarp, and other fed res private bankster programs
- [The prosperity of the ’50s came not from wealthy financiers making money out of nothing, but about a working class that could afford to spend disposable income/strong purchasing power. Today, CEOs cut wages and still expect, magically, that the people they are paying less will have money to buy their junk.]
- [Fed says plan now to avert inflation] - the devaluer of savings, criminal robber of retirement accounts, and plunderer of standards of living with increase food/shelter prices while incomes with inflation are flat for decades for middle America
- latest power to loot grab - Bankster cartel fed res continues its looting, by swapping currencies, a euphemism for buying it. [Roundabout Bailout: Fed To Pump Foreign Currency Into U.S. Banks] - Rep. Alan Grayson (D-Fla.), after reading the minutes, describes the Fed plan as "a massive transfer of wealth from the American people to who knows where," calling it a "round-about bailout."
- [Ignorance Is Futile!] - US economy statistic graphs
- to loot taxpayers, just call yourself a bank -- [A number of life insurers, including Hartford Financial Services Group Inc., Genworth Financial Inc. and Lincoln National Corp., struck deals last fall to buy regulated savings and loans so they could call themselves banks and qualify for government funds.]
- [Obama's military budget: While propaganda media plays up program cuts, total defense budget surpasses Bush by $20 Billion]
- Indirect Bribing Corrupt Congress/Pres pays - [THE INFLUENCE GAME: Firms reap seeds of lobbying :: THE INFLUENCE GAME: Firms got 22,000 percent return on lobbying cash in '04 tax change] -- [Study finds US corporations saved billions after lobbying for 2004 tax code changes ]
- [Feds looking to limit short selling. Instead of a BAN on short selling. It's a casino tactic where the goal is the demise of the corporation for profit under the guise of price discovery] - the reality is that the price of a stock is based on perception between the buyer and seller that IS the price, there is not a 'discovered' price
- [Recovery will fail unless America breaks up the financial oligarchy.]
- [The Financial Fascist Coup -- This is a much grander-scale disaster than anything that happened in 1929-33. Worse, it dwarfs the abuses of debt, finance and financialization that brought down previous leading world economic powers like Britain and Holland ]
- [TARP Bucks for Failing Insurers but Not for Car Companies ]
- [G20 takes first step on new global currency. Injecting $250 billion of IMF SDR funds into circulation]
- [parlor gambling CDS gets fascist federal oversight instead of ban ]
- disingenuous - [IMF now stating 4 trillion in 'toxic'/ 'not accepting the market value of what you want' assets] - except there's 1000 trillion plus derivatives/cdo's and other fictitious capital phony instruments
- [Fed Telling Banks To Shut Up On "Stress Test" Results] - [Krugman on Economy and Stress Tests] yes we do need to overhaul otherwise learching from bust to bust is intended and wildly profitable with the "engineered boom and bust model" (or shear their sheep when taxpayers would have otherwise accumulated some wealth) - [Krugman: Stress Tests "Self-Esteem" Class That No One Fails] - [Banks Set to Pass Stress Tests By Definition] - [Apparently Geithner's 'Stress Tests' - fails? - hints at what we already know, that banks are insolvent, now is bidding for more time to do nothing. US to delay bank test results for earnings-source] - [Wells Fargo CEO Assails TARP, Calls Stress Test ‘Asinine’] -- since they already know the state of their banks, Geithner just stalling -- [Treasury Backtracking on Transparency - Debate On Release of Stress Test Data] - since the results didn't go well, they need 'interpretation' - [Top federal bank regulators plan to meet early this week to discuss how to analyze the results of stress tests being conducted on the country's 19 largest banks] -- [Stress Tests for Wall Street — Billions in off-the-Books Toxic Assets] -- [William Black: "There Are No Real Stress Tests Going On" ] - [$500 billion stress test gap]
- [EFF: In Warrantless Wiretapping Case, Obama DOJ's New Arguments Are Worse Than Bush's. ] -- [Obama administration says government abuses are 'state secrets' beyond judicial scrutiny] -- ["a breathtaking expansion of sovereign immunity"] -- [CIA Black Sites Exposed by Red Cross Report Never Meant for the Public ] - the more attention on Bush's crimes, the less on Obama's, and both a left distraction from investigating 9/11 and real corruption, financial banksters looting America, the Af-Pak war imperial escalation, though the puppet Congress who votes themselves raises are not going to do any more than be the puppets of the banksters
- looter Bair - [FDIC Insurance Commitments 34% Higher Than Reported] - [FDIC and Geithner looting plan] - FDIC to insure 1 trillion, not voted on by Congress, simply looting via the Geithner Plan, the PPIP - Public-Private Investment Program
- [Bank of America Needs Billions More] - needs to loot $36.6 Billion, has looted $163 billion and 100% AIG counterparty money
- [Foreign banks got 100 cents on the dollar on exotic financial bets guaranteed by AIG. ]
- [Summers/Geithner Plan: Bank Heist One More Time]
- [Two Weeks after Being Introduced, Timothy Geithner's Bank Rescue Plan Is Facing a New Round of Withering Criticism from Economists Who Say the Proposal Is Likely to Produce Major Losses for Taxpayers as Banks and Investors Game the System] -- [US Wants Taxpayers To Invest In Bank Bailouts They're Already Financing] - looting over and over
- [Harvard Prof. Elizabeth Warren: So far $78 billion dollars of hidden subsidies have gone to banks (government secretly getting 66 cents worth of stock and warrants for every dollar of TARP funds "invested").] - What Geithner says doesn't match with reality, taxpayers are being had, took, hoodwinked, bamboozled, led astray, run amok -- robbed and looted
- [Subprime Supreme Court] - Powerful Fascist Tool Bankster Corporations
- [PRIME mortgages increasingly delinquent - represents "nearly two-thirds of all mortgages"] - with engineered inflation of toxic/legacy assets and implosion of the real economy the price of CPI/cost of living increases while wages do not, in fact, have been cut nationwide, thus the largest family expenditure, the monthly mortgage, payments are not met
- [Fed totally delusional, dishonest, or both - pledges to "withdraw credit" when crisis is over - “the trick will be unwinding this balance sheet in a timely way to avoid inflation.” - Quite a financial engineering trick... ]
- "If the American people ever allow private banks to control the issuance of their currency, first by inflation, and then by deflation, the banks and the corporations that will grow up around them will deprive the people of all property until their children wake up homeless on the continent their father's conquered ... I believe that banking institutions are more dangerous to our liberties than standing armies ... The issuing power should be taken from the banks and restored to the Government, to whom it properly belongs." - Jefferson Jefferson and [Fictitious capital] and [1918 article]
- [Obama attempting to sell Chrysler to offshore foreign interests (Fiat) and a gift of $6 billion to do it.] - "Sell yourself (Chrysler) to fiat and the taxpayer will lend 6 billion to an Italian corp., that's a tough political sell" - George Will
- [Arianna nails George Will Over Bank Bailout, Economic Crisis] - mark-to-fantasy & oligarchs indeed, of course Will doesn't want to talk about the double-standard, accounting trickery, or Summers speech fees. With government supervision the world is controlled by oligarchs, more the wrong kind of supervision, to not bailout but to BUST the TRUST with antitrust law that's been dismantled under fascist corporate puppeteer control
- [Loan Modifications Not Helping Homeowners] - the economy is being imploded by hoarding banks cutting credit
- [Big Banks Resist Call To Aid Chrysler] -- financial propaganda media -- [Jim Cramer Declares The Depression "Over" ] - for wallstreet as fortunes are made, looted Americans may disagree - [U.S. Unemployment Rate Reaches 25-Year High of 8.5% - 13 million jobless ] - [US to Lose More Jobs In Coming Months] - [The Real Number--Unemployment Hits 15.6 Percent] - using 1930's methodology it is over 16.5%. -- [Geithner says "Crude Reality"]
- [Visual Before and After to the Geithner Plan]
- [Let's Play Pretend! our bankrupt financial institutions can escape their own reality by pretending to be solvent. Simply pretending that all these mortgages will be repaid does not solve the underlying problems.]
- [TARP Watchdog: "We Do Not Seem To Be A Priority For The Treasury Department"] - Summers, Rubin and Greenspan led the way in blocking any regulatory efforts of the derivatives market whatsoever on the ground that the financial industry and its lobbyists were objecting in -> [Brooksley Born warned that unchecked trading in the credit market could lead to disaster, but power brokers in Washington ignored her. Now we're all paying the price.] - [Freddie Mac chief risk officer had been fired for warning that subprime loans will bring company down ] -- [Harvard Derivatives Whiz Fired For Emailing Larry Summers About "Frightening" Trades]
- [Former S&L Regulator Tells Moyers: 'Absolutely' A Banking Bailout Coverup ] - The Reason We Haven't Gotten Rid of the Bank CEOs is to Continue the Cover Up of the Continual Fraud and Looting of the American Taxpayer - [William K. Black, former senior regulator during the S&L crisis, suspects that it was more than greed and incompetence that caused the current crisis — "it was fraud".] -- [Senior S&L Regulator Says Government Engaging in Massive Cover-Up of Economic Crisis: “The Entire Strategy Is to Keep People from Getting the Facts” (covering up the losses)]
- [Ron Paul supporter detained by St. Louis TSA for carrying cash. But unbeknownst to the agents, he records the entire exchange on his phone. [video]]
- Agent/puppet of financial Oligarchs & wallstreet financiers - Obama - [Seeking to Circumvent Restrictions Imposed on Bailout Recipients ]
- [Kucinich on Budget Resolution: "I Simply Cannot Endorse a Budget or a Plan that Authorizes the Expansion of War"] -- update to Obama's slow escalation of war, as if you wouldn't notice, 4,000 more troops more, 17,000 troops added last month, to the existing 36,000, another 10,000 troops may be sent to Afghanistan, bringing our total number of troops there to as much as 78,000 (basically 80,000/half of Iraq troop levels) by 2010
- BRIBERY - JP. Morgan , Citigroup , Goldman Sachs and Lehman Brothers (TARP Recipients) paid Obama's top economic adviser, Lawrence Summers $5.2 million for speaking fees. - [Larry Summers, Tim Geithner and Wall Street's ownership of government - Obama railed against precisely this sort of incestuous, profoundly corrupt control by narrow private interests of the Government, yet he has chosen to empower the very individuals who most embody that corruption.] -- [White House Aides made millions from bailed out banks. ] -- Lawrence Summers pulled in more than $2.7 million in speaking fees, another $5.2 million from D.E. Shaw, a hedge fund, and more - [Millions for Axelrod in sale of firm]
- [The question that flummoxed the great orator]
- [Congressman Wants Timothy Geithner to Clarify His Position on Abandoning the Dollar] -- yet seems the SDR Special Drawing Rights in favor: [Geithner: Down With the Dollar, Up With the…SDR?]
- [Jeffrey Sachs: The Bailout "has supported a massive transfer of taxpayer wealth to the management and owners of well-connected financial institutions"]
- [Baker right, though another reason is that the Chinese do so to for the same reason US gives aid to foreign countries, to make it dependent]
- [Toxic Asset Plan Will Leave The Same Amount Of Toxic Assets In The System, But With the Taxpayers Now Liable For Most Of The Losses]
- [Banks ”colluding to swap assets at inflated prices using taxpayers’ dollars.” ] - Geithner's Bank Plan Is a Massive Giveaway to the looting banksters.
- [How Five Banks Took Over the United States of America ]
- [Top White House economic adviser Lawrence Summers received about $5.2 million over the past year in compensation from hedge fund D.E. Shaw]
- [Turns out the CDS's Geithner and Summers are Hell bent on honoring dollar for dollar or 100% for the counterparties - CDS contracts written by AIG with these various non-insurers around the world were shams - with no correlation between "fees" paid and the risk assumed]
- [Goldman Sachs executives cash out of market before the crash] - what amazing timing for a cool 58 million between two GS minions
- [Obama Seeks Loophole To Let Bailout Execs Avoid Salary Caps ] -- [Axelrod Defends Circumventing Executive Pay Caps: Don't Want To Create "Disincentives" (VIDEO)]
- [Geithner oversaw creation of electronic CDS market in his role at Fed. It's exactly his "oversight" which was entirely insufficient in reigning in the out of control players.]
- [AIG scam uncovered: CDS insurance was never supposed to payout ] or [AIG: Before CDS, There Was Reinsurance]
- [Hooray, We've Adopted Japan's Banking Solution] - [Wall Street celebrates accounting rule changes designed to hide losses] - [New Accounting Rule: MAKE THINGS UP: One rule adopted Thursday will make it easier for banks to conclude sales are distressed and can be ignored.] - [RIP mark-to-market, now banks can decide how much they're worth, what could go wrong?] - [Mark-to-market rules to be eased. "I'm afraid that this change will result in fewer impairments being recognized, and I don't think that will help [with investor confidence." -Financial Accounting Standards Board member]] -- [mark to model :: Black–Scholes model]
- [It's been decided - "America you can't handle the truth!" --- FASB makes adjustments to mark-to-market changes .] - [ENRON Created Mark To Market Book Cooking!]- [Geithner oversaw creation of electronic CDS market in his role at Fed. It's exactly his "oversight" which was entirely insufficient in reigning in the out of control players.] - Geithner, problem, reaction, solution by the same individuals who engineered the crisis - [So this is what helps cause a rally? Accounting rules changed so Banks can alter write downs...]
- [Remember Enron? The Financial Accounting Standards Board just voted to allow all banks to use the same accounting practices that got them in trouble.]
- [G-20 to give $1 trillion to IMF, World Bank] - would be at least 50 billion each, though the US would probably finance (loot Americans) more
- [Federal Reserve: guilty]
- [Nassim "Black Swan" Taleb Disses Geithner Plan: It Will Fail]
- G20 - Gordon Brown - ["to secure responsibility from all, and fairness to all"] just a bit [From each according to his ability, to each according to his need], add in [his New World Order call], being called ever since [H.W. Bush's Sept 11, 1990 speech] -- Boston Globe's article EVOKING THE MEMORY OF WILSON AND 'A NEW WORLD ORDER' written sept 12,1990 ------- [Time: Barack Obama's New World Order]
- New Number 12.8 Trillion Looted: [Financial Rescue Nears GDP as Pledges Top $12.8 Trillion] or [mirror], [reuters says 10.9 trillion]
- Foreign institutions were bailed out from the AIG bailout, if these corporations were that important, why didn't their own governments bail them out? [German (Deutsche Bank) and French banks (Société Générale) got $36 billion from AIG Bailout] ([different numbers here]) -- basically international banksters looting America
- Isn't it interesting that Geithner and the fed res are calling for more power to seize/breakup large institutions / non banks (something FDIC already does to banks), yet there little qualms about turning [Goldman, Morgan into banks holding companies from investment institutions to feed on Paulson-Geithner-Bush-Obama-Bernanke bailout funds] or [American Express to Be Bank Holding Company ]. The point is that if they wanted to, they could already call any corporation a bank and seize it, but they seek additional powers for globalist agendas.
- [What kind of lending at Bank of America doubled last year as credit markets froze? The kind that goes to bank directors.] - while they hoard taxpayer looted funds
- [Gm loses 84 billion in 6 years, CEO walks away with $50 million for running the corp so well into bailouts and bankruptcy]
- [Any doubt that the Military Industrial Complex is as strong as ever should be removed after examining Obama’s 2010 budget. It calls for 26% more in spending on Defense than President Bush spent in 2006. ] - empires are expensive, looting banksters as well
- [Kucinich questions $3.6 billion in bonuses to Merrill Lynch (now owned by Bank of America) executives | Merrill Lynch's bonuses were 22 times larger than the $165 million bonuses AIG paid its executives]
- [There are only at most perhaps five US banks which are the source of the toxic poison that is causing such dislocation in the world financial system. What Geithner is desperately trying to protect is that reality.] or [here]
- [JPMorgan Takes Lead in Busiest Year for Rights Offers ]
- [Shadow Government Had A Mole In AIG, But puppet Congress Can't See His Findings]
- [In the 1930s, the dramatic hearings by the Senate Banking and Currency Committee became known as the Pecora Commission that unearthed the frauds, the abuses, the ponzi schemes that led to the 1929 crash (though not enough attention to the true banksters). And in doing so it provided both the case for reform and built a public demand in support of it.]
- [Pension insurer shifted to stocks from a conservative investment strategy of bonds, it insured the retirement funds of 44 million Americans to the tune of $64 billion months before the stock market collapse] - just another bankster minion looting America for austerity and servitude
- [How Bailouts Can Butcher Capitalism]
- [Geithner's plan will tax Main Street to make Wall Street richer ]
- [Geithner get called out on protecting financial bankster bondholders]
- [Looting 401k, pensions, iras, etc.: market value of Bank of America is 32 billion, but contracts that pay off if BoA fails are worth $119 billion. You do the math - someone WANTS these companies to fail ]
- [Goldman Sachs, through J. Aron & Co., its commodities trading arm, created $147 a barrel oil.] - not a surprise
- [Clinton: (Bush's) 'War On Terror' Is Over] - renamed to 'overseas contingency operation', just like the false right left paradigm --- 'republicans' under the name 'democrats' (and vice versa) act in unison on bankster globalist agendas
- [DN - Galbraith rips into Obama, Geithner plan: Geithner Outlines Plan to Overhaul Nation’s Financial Regulatory System] - we keep hearing about the propaganda talking point restore "credit-flows", but -- The difficulty is credit isn’t like that. Credit is a bilateral contract. It’s a relationship between a lender and a borrower. And the problem is not that the lenders don’t have money to lend. The problem is, in very large part, that there are no prospects or very few prospects for profit in the economy, and therefore, borrowers, business borrowers aren’t coming in to ask for loans for economic expansion. And secondly, on the residential and household side, households are strapped. They’re desperate to hang onto the cash that they have. They’re trying to pay down their debts, not to get into new debts.
Then he goes on to say that this is creating NEW derivatives And in some ways, you can say what the Treasury plan actually is is a way of creating a new derivative, a new bond, if you like, which the Treasury has half the capital and provides 85 percent of the value of the purchase in the form of a low-interest, non-recourse loan that’s designed to make the purchase of these so-called assets from the banks a highly profitable proposition for hedge funds and private equity investors and others who are in a position to risk their capital without having to face fiduciary consequences. And then finally says that the banks themselves will benefit, i.e. its another bailout or subsidy (looting) to (by) the banks via banksters, but I’ll tell you who it would be particularly attractive to, if they could get away with it, and that is the banks themselves or people acting on their behalf, because what it would mean is that, in effect, the banks can transfer—someone acting on behalf of a bank could arrange for the transfer of a dollar’s worth of these bad securities at face value for seven-and-a-half cents of risk. Factor in middle wages have been systematically flat-lined (declined with inflation), jobs sent offshore by both parties, unions busted, etc, etc, etc. The engineered destruction of the economy via looting by banksters.
- [Bailout point #14: Possible Solution] - but this won't be done with the oligarchy banksters and corporatacracy fascist coup by wallsteet of the government and the ceremonial Congress and puppet President, the bailouts / looting should have never taken place which would even satisfy (to some extent) the mises in this [Did Deregulated Derivatives Cause the Financial Crisis?]
"How do I loot thee? Let me count the ways... (I = banks)
- Bailout 1 - Tarp - 700 Billion
- Bailout 2 - Stimulus - 800 billion - of which billions went to banks, < 2% for actual infrastructure, breakdown [here] and [here] and with its own critics [STIMULUS PLAN A SCAM TO BENEFIT THE RICH] or [here]
- Bailout 3 - Geithner Obama Plan - add another 1 Trillion - How banks will game the system under the Geitner Plan:: WATCH THIS [Geithner Plan I] - [Geithner Plan II] (especially part 2)
- banks will buy from themselves, therefore another subsidy
- a lot of talk, simply another bailout for banks
- the bank never wanted to accept that 100% reality,it was able to reduce the exposure of its own assets
- Bailout 4 - Federal Reserve trillions of 'loans', but 2 trillion of toxic assets it has bought so, Bailout 4
- Bailout 5 - Bailing out AIG actually bailed out its counterparties - banks (including foreign ones) therefore, Bailout 5
- Bailout 6 - [Bailing out the financial sector will cost taxpayers $167 billion more than originally anticipated] -- basically doubling this source of looted funds from the budget - Bailout 6 (e.g. [Bank of America posts $4 billion profit, gets $120 billion from taxpayers Bank of America actually made 4 billion in profit, yet receives 120 Billion TARP funds] so the $356 billion taxpayer cost is 89 years of 4 billion profit for one company)
- [U.S. banks that have received government aid, including Citigroup Inc, Goldman Sachs, Morgan Stanley and JPMorgan Chase & Co, are considering buying toxic assets to be sold by rivals under the Treasury's $1,000 billion plan ]
- Banks buying from themselves, called and here : [Bailed-out banks eye toxic asset buys]
- Once upon a time before the coup of America, corporations were too big to allow for healthy competition in a free market ([Reagan legalized derivatives in 1982], [Sherman Antitrust Act], [Sarbanes Oxley], [Glass-Steagall Act], SEC ((of course acts signed to weaken protections like [Commodity Futures Modernization Act] that [legalized Credit Default Swaps], [Gramm-Leach-Bliley Act] [big picture here])... Now corporations are too big to fail... --- all part of the corporate takeover of America by international banksters
- [When it comes to "too big to fail," the solution now is the same as it was a century ago: chop them up.]
- [Robert Rubin, as Treasury Secretary under Clinton, blocked regulation of derivatives in 1997, then negotiated the repeal of the Glass-Steagal Act in 1999, making Citigroup one of the largest financial instutions in the World. Three months later he joined Citigroup's Management.]
- [Yet another economist, Jeffrey Sachs, finds Geithner's plan to be a Wall Street handout. (Add him to a list including Krugman, Stiglitz, Galbraith, etc.)]
- [When Banks Rob People - Geithner's Hog Wallow ]
- [Citi tried to kill our small business - Local banks/credit unions might save us] - banksters imploding the real economy, small businesses
- Financial propaganda media - [Jon Stewart missed this 2007 clip of Jim Cramer going nuts, calling NY Atty. General a "communist" for trying to crack down on funny mortgages from Fannie Mae and WaMu]
- [Of the $11 trillion in federal debt, more than 90 percent can be attributed to Republicans: Reagan, Bush I and II ] and democrats who enabled it
- [Obama meets with 13 bank bankster CEOs] - [Obama holds “very pleasant” meeting with top US bankers ]
- [Bailout point #13 - Wealth Destruction 1], [Wealth Destruction 2] - [other good videos about the bailout by this author]
- [Obama widens al-Qaida war, making it his own] - notice the slick double-speak - 4,000 more troops more, 17,000 troops added last month, to the existing 36,000 -- 57,000 total for an ~ 60,000 - That, he said, is “how we will ultimately be able to bring our troops home.“ - [McCain pleased with Obama Afghan plan:: The best way to get out of Afghanistan fast is people to think we're staying," McCain said] - the two party puppets duopoly united on globalist imperial agendas
- [The Quiet Coup - The "financial crisis" has given Wall Street near-total power over both the economy and the government. ]
- [The Market Mystique ] - with securitization, loans no longer stay with the lender, therefore they are not accountable if it was a dubious loan :: That boring, primitive financial system serviced an economy that doubled living standards over the course of a generation.
- [Other fun stuff with taxpayer bailouts -- Goldman Bailed Out 2 Executives with millions]
- [What's that, no bonuses? Plan B, Bank of America plans big pay hike for investment bankers, as much as 70 percent !!] or a [mirror]
- [Fannie, Freddie Bonuses Total About $210 Million ]
- [Krugman: "In the deregulation-minded Reagan era, old-fashioned banking was increasingly replaced by wheeling and dealing on a grand scale"]
- [UN panel, led by Joseph Stiglitz, supports new global currency reserve system ] - two face Stiglitz plays everyone
- [Ron Paul’s Bill To Audit The Federal Reserve Now Has 44 Co-Sponsors! ] - ["The (NEO-CON)-Republicans (and NEO-LIBERAL ((centrist)) Democrats) are like an arsonist who complains that the fire department is wasting water." - Paul Begala] - the fire being unemployment, homelessness, tent-cities, wealth gap, the poor, the flat middle class wages for 3 decades, that 2 family incomes not cutting it as well, ineffective/substandard and expensive education/health care - via the gradual slow coup by international & wallstreet banksters - though the problem is that the banksters are looting America via Geithner's policies, that America is not investing in production, science, education, etc. since all the loot is being funneled to banksters
- [Tom Ferguson: When you give money to banks, it's called public-private partnership, when you give it to normal people, it's called socialism.] - nothing but a scheme (scam) to push public taxpayer money out to the banks without appearing to do so
- [Rolling Stone: The 12 responsible for the financial crisis ]
- [William Safire essay opposing Citigroup merger in 1998 - "No private enterprise should be allowed to think of itself as 'too big to fail.'" ]
- [Be Gentle with the Bankers? No, Indict Them for High Treason ]
- [25 top managers reaped a total of $11.6 billion in pay by trading above the pain in the markets]
- [The Big Takeover : Rolling Stone]
- [Paul Krugman explains why the latest bank rescue is not going to work]
- [DN - State-subsidized hedge fund profiteering. - get to choose who their regulators are, AIG Financial Products London-based bureau that had only 377 employees made a $500 billion bet with Credit Default Swaps, it’s really just gambling, and that’s why they had to seek a specific exemption from gaming laws in the year 2000] - Well, this ((bailout looting of America to banks)) is as purely a bipartisan problem as we’ve ever had in this country. This was absolute unity on the part of both parties. They both were absolutely complicit in passing these deregulatory moves. --- puppets controlled by wallstreet, absolutely, the gradual destruction of America
- [Senator Sanders Blocking Another Obama Goldman Sachs Nomination]
- [“Experience [has shown that, even under the best forms [of government], those entrusted with power have, in time and by slow operations, perverted it into tyranny.”]]
- [Geithner Grilled on Goldman Sachs Connections] - [Maxine Waters Grills Geithner On Goldman Sachs] - the [Corporatocracy] of goldman sachs banksters/private bank (federal reserve) in governmental heist key positions
- [DN - Twenty-Eighth Amendment to strip corporations of human rights] - real environmental issue, though the major issue is how the supreme court stripped 'punitive damages' on corporations, bankster rule
- [DN - “We dismantled the most ancient of human laws, the law against usury, which had existed in some form in every civilization from the time of the Babylonian Empire to the end of Jimmy Carter’s term.” :: Thomas Geoghegan on “Infinite Debt: How Unlimited Interest Rates Destroyed the Economy”] - filibuster a major problem - good interview, covers multi-points that matter -- LINK TO (TO ADD) Robert Reich medium income has not risen the 60s/70s, yet the wealth disparity has
- [Geithner's Gift to Hedge Funds ]
- Geithner - [eliminated two key regulatory measures -- a quarterly risk report and a ban on major acquisitions -- that may have prevented (or at least lessened the impact of) the unraveling of Citigroup, which his office was responsible for supervising. Then, together with Hank Paulson, he was instrumental in the original bailout of AIG and the creation of the TARP plan. And he was a key player in the decision to let Lehman Brothers fail.] - engineering the crisis for banksters on the taxpayers tab
- [How Citigroup Unraveled Under Geithner’s Watch]
- ["Down the Memory Hole," Alan Greenspan Style] - [The Fed Did Indeed Cause the Housing Bubble] - [The Federal Reserve Did Indeed Cause the Housing Bubble - A Response to the Traitor Alan Greenspan]
- ["Make no mistake - we are selling off our future and the future of our children to prevent the bondholders of U.S. financial corporations from taking losses." ] - Under Geithner's plan the U.S. taxpayer is exposed to $12 Trillion in losses, while the bondholders of the corporations that caused this crisis do not lose a penny.
- [JPMorgan Chase, the recipient of $25 billion in TARP funds, is going ahead with a $138 million plan to buy two new luxury corporate jets and build "the premiere corporate aircraft hangar on the eastern seaboard" to house them]
- [Spitzer: The transfer of $12.9 billion from AIG to Goldman looks fishier and fishier ]
- [DN - Obama partying like its still 2006: “The Zombie Ideas Have Won”–Paul Krugman on $1 Trillion Geithner Plan to Buy Toxic Bank Assets] - [There’s something strange going on here. By my count, this is the third time Obama administration officials have floated a scheme that is essentially a rehash of the Paulson plan, each time adding a new set of bells and whistles and claiming that they’re doing something completely different. : This isn't really about letting markets work. It's just an indirect, disguised way to subsidize purchases of bad assets. ]- [Krugman: Geithner Persuaded Obama To Recycle Bush's "Cash For Trash" Plan...] - [Geithner is suffering from five fundamental misconceptions about what is wrong with the economy: Part I: Geithner's Plan "Extremely Dangerous," Economist Galbraith Says] - [Part II] -- ["Happy Talk"]
- [Unprecedented Powers For Geithner Requested By Obama Administration]
- UK - [Cityboy] - [Cityboy Columns] - movie -- In Focus: Payday - Confessions of an Investment Banker
- [As credit markets froze, banks loaned millions to insiders]
- 3-19 [Peter Schiff Slams The Fed: Stock prices may not fall, but asset values will fall with inflation, standard of living will fall]
- [Buckminster Fuller (1982): "Few today remember that a half-century ago a number of New York and Chicago's top bankers were sentenced into penitentiaries-the New Yorkers into Sing Sing-the senior partner of J. P. Morgan and..."] - All of this has happened before, and it will all happen again - BG
- [A Constitutionally Illiterate Congressional Leadership] - [Congress And Ex Post Facto Law] - taxpayer money shouldn't be used for bailouts nor for bonuses, is this situation a convenient opportunity to ignore the Constitution, same as the Constitution has [Bankruptcy, Not Bailouts, Is What The Constitution Intended ]
- [Geithner's toxic asset plan is going to make some people incredible amounts of money without any downside risk whatsoever: Heads I win, Tales you Lose!]
- [What Obama Said Last Night That Really Was Controversial ]
- [Analyst: “Technically, The U.S. Is Already Bankrupt Because It Has A Debt That Is Almost Four Times The Size Of Its Economy” ] - of course, the financial propaganda media knows this won't happen, but massive inflation will that they are silent about
- [DN - It didn’t go the way of Lehman because the head of Goldman Sachs was in on the meeting with Timothy Geithner, who was then head of the New York Federal Reserve, when they decided to save AIG hours after Lehman was allowed to go down the tubes. Why? Because Goldman Sachs had $20 billion insured by AIG.]
- ["I tend to stay away from neutral terms like “systemic failure” or “bubble,” because these terms imply the innocence of the people involved -- and I can’t see that." ]
- [The Big Takeover: The global Economic Crisis Isn't About Money, It's About Power: How Wall Street Insiders Are Using The Bailout to Stage a Revolution ] -- The financial crisis results from a colossal power grab that threatens to turn the federal government into a kind of giant Enron filled with self-dealing insiders whose scheme is the securing of individual profits at the expense of an ocean of unwitting involuntary taxpayers.
- [Bernanke goes Nuclear]
- [Peter Schiff on CNBC today: "Steve you are not going to sit there and tell me that I'm the one who's got this wrong... go back and play the tapes of my appearances over the past few years... you're still so clueless"]
- [Peter Schiff(propoganda machine)- We need more savings, and less spending. Completely ignoring the fact that while profits have risen wages have fallen]
- False left right paradigm - difference between the two parties, language to hold corporations accountable, republicans simply don't include it, democrats include weakened language --- result : Retention bonuses granted by both parties, case and point --- [Dodd: Treasury Officials Insisted On Weakening Bonus Provision]
- Democracy Now -- Public Outcry Forces Lawmakers to Say They’ll Recoup Millions in AIG Bonuses, But Why Not the Billions in Taxpayer Bailout Funds? -- [DN - Despite having been totally disgraced by events, still has an enormous amount of power in the Obama administration, as much as in the Bush administration before it.]
about contract modification
- [Double standard: Blue collar workers are forced to renegotiate employment contracts to receive bailout funds, Wall St is not.]
- [Why Citi Turned Around on Mortgage "Cramdowns" ] - cramdowns are mortgage modified, contracts rewritten, the lying of the false left right paradigm
- [The AIG contracts guaranteed that some bonus recipients would lock in as much money as they had received in 2007. The UAW contract trimmed wages and allowed the automakers to effectively remove some costs of the promised benefits from their own balance sheets. Which contracts should stand?]
- memory hole - ["Some relief for homeowners facing foreclosure is in the pipeline,” CBS News reports, after the House Judiciary Committee passed a bill last week to “allow bankruptcy judges to order banks to reduce mortgage payments,” a process known as a “cram down.”]
- How many bankster minions have retired in the last year after looting America?
- Congress live testimony: A congressman said earlier "The credit default swaps which nearly brought ruin ARE STILL LEGAL" thus MORE ARE STILL BEING CREATED TODAY! These criminal financial instruments must be banned, wiped out, void!
- [The Real AIG LOOTING! - PhD Economist Michael Hudson ]
- [Citigroup CEO Vikram Pandit lied to Congress about his compensation]
- [Citigroup awarded CEO Vikram Pandit $10.82 million in 2008, the year when the bank received two government rescues totaling $45 billion] - [Citigroup CEO gets $10.8 million [for what? stealing $45 billion from taxpayers?]
- [AIG Anticipated Major Losses And Rigged Bonuses: Frank] -- [Just a reminder, I believe the AIG financial products division is located in London. The U.S. government cannot tax the bonuses of British citizens.] -- If it is in London, all this talk of taxing the bonuses, or doing anything to get them back, is hogwash. The US government has no ability to tax British citizens. -- ["We cannot attract and retain the best and brightest talent," AIG says, Barney Frank had the best and brightest reply: on the Rachel Maddow Show he said: "I don't want to retain them."] - they engineer the crisis and want to be paid for it, yea, they're excellent - scam artists
- Normal bonus works like this: "if you do a really good job, we will pay you x bonus". A "retention" bonus works like this: "we will pay you x bonus right now no matter what you do, please don't leave" (and some did receive a retention bonus and still left) ( they should be glad they're retaining their *JOBS* ). It is a ridiculous concept.
- [AIG releases the names of it's beneficiaries: Deutsche Bank, California & Goldman Sachs top the list ]
- UK - [Barclays gags Guardian over tax evasion story]
- [Terrorism By Another Name: AIG CEO Warns Of Dire Consequences If Company Fails ] -- At what point does A.I.G. become a terrorist organization, having successfully taken our economy hostage through threats of collapse? "Bail-outs" are simply ransom payments - pay or else you can kiss your economy good-bye.
- All to pay the counterparties -- [AIG is slated to shell out $ billions to hedge funds that bet against the US housing market] - though the trillions the bankster federal reserve plowing even more and the serious looting
- [Fed to buy $300 billion in U.S. government debt! Its all been a huge scam the entire time!] - [The Fed is injecting another $1.25 Trillion ($300 billion for [[http://www.investopedia.com/university/bonds/bonds4.asp government bonds], $750 billion for only now for mortgages (after all the other looting)) to BUY up bad assets (price fixing), continuing it's policy of destroying the dollar..]] - the real looting, by socializing losses while banksters profit - Bernanke can't use the 'we only lend' excuse anymore, as these assets are being bought as banksters loot. or [here] [2-10 year bonds] or [here]
- [The real AIG outrage ] - [Spitzer: The AIG bonuses are a smokescreen] - and the Blame Game continues, all to fill propaganda talking points time slots -- [The real scandal at AIG is the not the bonuses. It's the payments to counterparties. - By Eliot Spitzer ]
- [Obama to appoint derivatives deregulation advocate as Commodity Futures Trading Commission Chairman] - more of the fascist goldman sachs takeover
- [Three years ago Goldman paid more than 50 employees more than $20 million apiece. In 2007, its chief executive, Lloyd C. Blankfein, collected one of the biggest bonuses in corporate history — nearly $70 million.]
- [AIG had an amazing $2.7 TRILLION worth of CDOs, $1 Trillion of which has been unwound. This leaves $1.7 Trillion on the books. This could all still blow up and cause a cascade of bank and hedge fund failures.] - just an idea of what the banksters are attempting to loot
- [3 month T-bill auction totals for 2007: 17.8 billion 2008: 98.1 billion and since Jan 1st 2009: 322 billion!] - just the kind of inflationary "tool"
- [Why is the Fed blowing another $trillion plus to lower mortgage rates? People stopped buying houses because they were overpriced, not because interest rates were too high. ]
- [Edward Liddy-- Longtime Corporate Criminal Spins One In Today's Post ] - ties with Rumsfeld and Goldman Sachs, another bankster minion
- [At the time of AIG's negotiated bailout in September of 2008 you had the former CEO of Goldman, Paulson, negotiating with the current Goldman CEO, Blankfein, to place a Goldman director, Liddy, as CEO of AIG. ]
- [Goldman Sachs is robbing American taxpayers: Thanks to Paulson & Geithner's AIG bailouts, the firm's stock has more than doubled since its November 2008 low (today: $101.50; 11/21/08: $47.41. Lets get our money back!]
- ["Decisions made during the final months of the Bush administration created an environment in which the most politically connected investment banks, Goldman Sachs and Morgan Stanley, not only flourished, but saw their competitors laid waste" ]
- [Is AIG too big to fail? Goldman Sachs, AIG's biggest beneficiary:"(we) would have been unaffected by the failure of AIG"] - more like too corrupt via Congress and banksters to collapse
- [Top execs at Citigroup and Morgan Stanley meet to figure out ways to sidestep compensation limits instead of findings ways to solve the financial crisis!]
- [Meredith Whitney, former Oppenheimer banking analyst who predicted the insolvency of major banks, says things will get worse before they get better, unemployment could get into mid teens, and the current strategy will not work. We must go back to model of getting credit from smaller local banks.] - that's right
- Here's what you don't hear even from the false outrage -- [Eleven of those who received “retention” bonuses at AIG of $1 million or more are no longer working at AIG including one who received $4.6 million.]
- [Goldman Sachs loaning money to their employees, so they can make required investments in Goldman's "elite funds" that have plunged in value. Sound like a pyramid scheme to anyone else? ]
- [Prior to becoming CEO of AIG, Liddy was on the board of Goldman Sachs. He was on the compensation committee of the board.]
- against short selling - [Prosperity for America--Make Short Selling Illegal] - good read
- against corporations and its charter - [The thing that is dying—the corporatized model of commerce—has not, nor has it ever been, supportive of the real economy. It wasn’t meant to be.] - good read
- Isn't re-writing history fun? - [NY Times disappears Bush Treasury Department from article on AIG bonuses] - [USA Today, LA Times continue to omit Bush Treasury's role in AIG bonus controversy] - no it's disgusting!!!
- [AIG releases list of "Counterparties", 65% To Foreign Banks ]
- What's that about derivatives? [The J.P. Morgan team created and then industrialized credit derivatives, which have enveloped the global markets, growing to a mind-numbing $58 trillion worth of credit contracts.] - so one of the very firms that created the looting bailout instrument that created the crisis was also a bailout fund recipient
- 60 minutes 3-15-09 does a shill piece glorifying the federal reserve, not one word about naked short selling or derivatives, and simply blaming AIG, the insuror, for [credit default swaps]/[collateralized debt obligations] (CDS/CDO) when it was the bailout banks who initiated the use of CDO/CDS derivatives, AIG simply insured it. Yet Bernanke made it out to seem that AIG was the initiator of these financial instruments, when in fact it was wallstreet and the bankster bailout recipients. End the Fed, Put it's duties under treasury as it should be.
- [FDIC Criticizes Massachusetts Bank With NO BAD LOANS for Being Too Cautious!]
- [It's official, foreign offshore banksters received US taxpayer bank bailout funds]
- [Bush Treasury Secretary Paulson was former head of Goldman Sachs and just so happen it got the biggest share via the AIG Bailout]
- [Prices have risen 683% since 1964. The dollar has lost 95% of its purchasing power since 1913. Yet the federal reserve is supposed to maintain price stability, how's that working out?] - not too well
- [AIG: Receives $185 billion of taxpayers money, records a staggering loss... pays] [$165 million in bonuses to senior employees! ]
- [A credit rating company's, Moody's, defense against a lawsuit is that any of their claims to integrity, independence and risk management were just an exaggeration no reasonable person would believe as fact]
- [Kucinich: Banks Invest TARP funds overseas] - even though FOX has major malfunctions and should be boycotted at any opportunity
- [Jim Cramer On "Daily Show": Jon Stewart Tells a Powerful Public Service Announcement (about the financial propaganda media)] - the rigged stock market so that the public finances wallstreet games thus looting America into their coffers with our, our parent, and grandparents, 401K's and pensions --- [NBC Bans Cramer vs. Stewart Highlights] or [MSNBC Producers Asked Not To Highlight Cramer/Stewart] --- if corporate controlled news on little things, how about big things? -- ['Is CNBC actually journalism or is it just an infomercial for stock traders?' ] - [report and fact check, instead of giving opinions]- financial propaganda media indeed
- [Bailed Out Bank Had Friends in High Places]
- [To Catch a Rich Guy] - looting banksters
- [Meet the members of The International Swaps & Derivatives Assocation: A $1.9M Lobbying Team, who got their Derivatives counterparty payment enforcement into the 2005 Bankruptcy Bill ]
- Should government seize the personal assets of bank & investment firm execs that got bonuses from taxpayer funded bailouts? That's what we do to drug dealers and those who commit fraud. [Considering that derivatives were illegal from 1936 until Reagan legalized them in 1982. End Wall Street bankers rule – End the derivatives depression]
- [When you lend money to an insolvent institution you are not supposed to be made whole. Bondholders like Pimco and Counterparties must lose for their bad decisions.]
- [Bailed Out Citibank Holds Private Call To Build Opposition To Union Bill. Didn't know we were paying banks to lobby to keep the nation poor, did you?] - traitors!!
- [Hillary Clinton, a little tired of having her investments out of sight and out of mind ever since her White House days, dissolved her and her husband’s blind trust in 2007 and converted all the stock investments to cash and treasuries ]
- [The idea of citi making profit now is akin to "person drowning in debt but insisting they're wealthy because their paycheck exceeded their grocery bills"]
- Simon Johnson on Colbert Report 3-12-09 talking about the oligarchs (banksters) that looted America, they did things in their interest, not the general interest e.g.#1 very big bonuses, e.g.#2 Bank of America spend 4.1 million lobbying Congress, but got 45 billion, what a great investment! Oligarchs in times of crisis actually get MORE power.
- ['Nightly News' Perplexed by TARP-Recipients Lending to Foreign Countries ] - banksters looting America
- [Gen X made less (by 12%) than had their fathers at the same age in 1974, thus reversing a historic trend ] - while median incomes drop and the disparity between rich and poor grows
- [How Can an 8.6% Drop in Retail Sales be a Positive News Alert? (CHARTS) ] banksters needed some profit so they sent the financial propaganda media to 'generate positive news' on a dead bounce because the economy has not hired massive amount, nor has income risen for a majority of Americans, the fundamentals have not changed despite what some based on a rigged uptick rule and other false news may say.
- [The Flaw in the System: The Bankers Don't Care About the Banks ]
- [Funny how once nationalization is "on the table" BofA suddenly doesn't need anymore government money, unlike "other banks"]
- [Market manipulation. Citigroup executives made $2,000,000+ off of the 38% increase in the company's stock value on Tuesday.]
- [DN - Michael Parenti: Economic Crisis the Inevitable Result of “Capitalism’s Self-Inflicted Apocalypse”] - talking about the banksters
- [The End of Capitalism discussion on grit tv, actually good]
- [Mark-to-market rule compromise is on the way] -- [comment], [comment]
- [We are being spoon-fed stupid again...]
- [High-Level Fed Officials Slam Government Response to Crisis ] - the incentive for the future is that there should even be more risk taken, instead of selling these bankster assets to responsible american firms who have played by the rules and conducted business ethically
- [Unofficial: Bank Bailouts Actually North of $12 Trillion?] - less than 1% for actual infrastructure and job creation, the rest for banksters -- [Jon Stewart Reminds us that Earmarks are less than 2 percent of the Stimulus ]
- [Let's call the financial firms what they really are: Looters, pure and simple]
- [AIG Loses $100 Billion and Counterparties get $50 Billion — Really?]
- [Big Banks Strike Again: Didn't Pay Their FDIC Premiums For TEN YEARS ]
- [Reports name AIG's derivative counterparties] - foreign offshore bankster interests
- [Merrill Of "Misleading" Congress On Timing Of Bonuses]
- [TARP Oversight Panel Says It's Been Ignored By Geithner And Paulson]
- [Four largest TARP recipients spent billions on 'questionable transactions': memo]
- [Kucinich on Stanford Group Fraud: SEC Told to “Stand Down” by Unknown Federal Agency in 2006 ]
- [8 Top U.S. Banks Just Acknowledged They're Insolvent -- Wells Fargo, Bank of America, SunTrust, KeyCorp, Fifth Third Bancorp, Huntington Bancshares Inc., Marshall & Ilsley Corp. and Regions Financial Corp]
- [14 Wall Street Firms Cheated Customers, Settle With SEC] - not honest banksters, who would have believed it
- [MIT trained Former IMF Banker Simon Johnson: Since Treasury is commited to a pro-insider policies for large US banks. We are in danger of becoming a 3rd world financial tunneling and looting.]
- [Dimon Says System Can Be Saved If ‘Vilification’ Ends] - they are the victim now awww, those who created the crisis through derivatives and credit default swaps (while paying themselves billions of bonuses, and other compensation), and then says the completion of looting of trillions via bailouts will end this year if you all just shut up.
- [Dow Industrials: Partying Like It’s 1966 ] - the push is to end 401K and IRA and instead solid investments like CD's, pensions without investing in the rigged bankster stock market
- [AIG memo begging congress for another $30 Billion bailout leaks...turns out AIG has $1.6 TRILLION in outstanding derivatives exposure.] - that it received via looting
- [DOW Has Been Flat For 43 Years ] - since there's a peak of the 30 select corporations that comprise the dow -- [DOW misleading then] --- [Dow Jones Industrial Average Index (DJIA) weaknesses now] -- so when the financial propaganda media focuses on the DOW, they are focused on the too big to fail corporations, now the real economic growth of america, small business, small cap, mid cap, etc.
- [J.P. Morgan To Up India IT Outsourcing By 25%]
- [Fed about to make $200B to 1 trillion available for consumer credit] - engineering inflation
- [More Private Risk Transferred to Public; GE to Issue FDIC Backed Bonds]
- Deceptive::: The Crisis of Credit Visualized - [Part 1], [Part 2] -- would have you believe it's those homeowners, yet the real cause is DERIVATIVES and CREDIT DEFAULT SWAPS, created by Wallstreet. The same wallstreet that has subverted government to force pensions to invest in the stock market, and swindled a lie of 401K's instead of pensions when it was initially sold as only a supplement to pensions. Just like the income tax was sold as only 1% of income never to rise in 1913. Banksters looting!!!!
- [Exposed the partial list of AIG recipients, the people demand the entire list of who the bankster cartel is lending to (the 2.2 trillion) and the rest of AIG's beneficiaries]
- [What Don't We Know About The Bailout?] -- news aggregate focused on transparency, or the lack of it, about the bailout
- [Maine Town Passes Ordinance Asserting Local Self-Governance and Stripping Corporate Personhood ]
- [The financial rules were rigged: a lobbyist group got a change in the 2005 bankruptcy bill to prevent derivatives from being discharged in bankruptcy]
- That's right Credit Default Swap Derivatives -- so the bailouts pay for the excuse of the sub-prime mortages, then again for the insurance on credit default swaps - [Finally, Bernanke Tells Us How He Really Feels … ]
- [DN - 12 Deregulatory Steps That Brought About This Economic Crisis ]
- [ALT - A and Option ARM resets are going to turn this recession from ugly to grotesque ]
- [Chart Comparison of AIG, FNM, FRE, C, BAC ] - via bankster looting
- [Senate Intel Committee Announces Broad Investigation of CIA Interrogations] -- [DN - Lawmakers Debate Establishing “Truth Commission” on Bush Admin Torture, Rendition and Domestic Spying] -- and the firing of US attorneys to torture, anything to prevent treason trials for the economic engineered crisis via derivatives and CEO's and a real investigation into how 3 buildings disintegrated from fire on 9/11
- [Ron Paul's statement on HR 1207 - "Momentum continues to build for Dr. Paul's legislation to audit the Federal Reserve!" ]
- [The Real Problem with CNBC ] - [As you suspected... Jim Cramer Uses CNBC to Manipulate Stocks] - So tell me again why "shorting" isn't a tool that banksters use to destroy economies -- [Turns out The US Banking industry is actually taking the bailout funds to drive the market farther down!! Morgan Stanley offering Ford Shareholders a big payout for Shorting Ford!!]
- financial propaganda media news - [Daily Kos: Jim Cramer Uses CNBC to Manipulate Stocks ] -- [Jim Cramer via GE (the parent corporation of CNBC's, Mad Money, etc.) Destroyed CNBC Viewers’ Wealth In Just 4 Days] -- [Last night's Daily Show was a potent and relentless assault on the hypocrisy and greed of Wall Street. Well done Jon!]
- [Bank of America Corp could suffer "grave harm" if it is forced to reveal data about $3.6 billion of bonuses paid to Merrill Lynch officials] - translation, the bankster bailouts looting of taxpayers don't want accountability or transparency as to the recipients of public funds for bonuses and consolidation and foreign bailed out entities via AIG
- [The inside scoop on where the AIG money has been going, and details of the Federal Reserve using Enron style accounting!!]
- [Foreign entities getting bailed out by AIG taxpayer looting]
- [Chart of The US Money Supply 1917-2009 ] - when this crisis turns around oh yes, inflation will be there
- [Another 200 billion for bankster looting by Fed cartel via TALF for the banks] - basically looting taxpayer funds and giving banksters billions so they can lend it back to taxpayers at usury interest
- [Morgan Stanley has 158 subsidiaries in the Cayman's, Citigroup has 90, and Bank of America 59. Why is it equitable for them to be able to avoid taxes at the same time they're asking for so much tax money." ]
- [Senator Sanders: "Will you tell the American people to whom you lent $2.2 trillion of their dollars?" Bernanke: "No" ]
- All credit default swap contracts must be void along with derivatives to restore the economy and stop the looting -- [But this means that US taxpayers have now assumed the downside risks for all of AIG’s counterparties. I agree w/ Krugman: If we're going to keep recapitalizing AIG over and over again, shouldn't we at least know who's receiving the tax payer dollars being funneled through that blackhole?] The treasonous of Congress to give trillion to wallstreet is astounding and staggering, while minions attempt re-write Bush administrations role, but Obama is just as being puppeted by the banksters as Bush was. All part of the engineered Bush, [Paulson], [Bernanke], [Geithner], [Summers], [Volcker], [Rubin], [Greenspan] (financial propaganda media cheerleaders) and Congress enabler crisis. [CREDIT DEFAULT SWAPS ARE the instruments of CRIMINALS as they were illegal for most of the 20th century, but eight years ago, and all throughout the Bush administration cooking the financial crisis bomb, Congress gave Wall Street an exemption and it has turned out to be a very bad idea.]
- [Bailed-Out Banks Still Donating Large Sums To Campaigns] - banksters engaging in fascism, the exploitation of government by corporations, still corrupt, who would have thought?
- [Execs From Disgraced Subprime Lender Start New Firm To Make Money By Buying Bad Loans... "Sort Of Like The Arsonist Who Sets Fire To The House And Then Buys Up The Charred Remains And Resells It"]
- [The Santelli Screed Hits Wrong Target on Mortgage Bailout. By following the money we can clearly see the checks do not go to "loser" homeowners but to "loser" banks.] - banksters using homeowners as cover for themselves who are the fascist beneficiaries
- [Sununu sits on TARP Oversight Panel, and on Board of firm owned by bank that administers TARP -- a significant conflict of interest!]
- [WashingtonWatch.com - H.R. 1207, The Federal Reserve Transparency Act of 2009]
- [AIG siphons TARP for the 4th Time ] - doing it incrementally to contain outrage and loot the taxpayer in an [Open secret] fashion
- [10 Interesting Quotes About Corporations] -- one good one, Unless you become more watchful in your states and check the spirit of monopoly and thirst for exclusive privileges you will in the end find that… the control over your dearest interests has passed into the hands of these corporations. - Andrew Jackson -- YES another Jackson quote, ok here's another ... I hope we shall crush in its birth the aristocracy of our monied corporations which dare already to challenge our government to a trial by strength, and bid defiance to the laws of our country. - Thomas Jefferson
- [Ninety one percent of the 8,000 credit unions are reporting greater overall growth in mortgage lending ] - yet the 8 banksters brought before Congress seem to have the stage to NOT have their banks dissected to existing HEALTHY credit unions. Yet [Government Offers Details of Bank Stress Test] for 19 banks (Bernanke says 20) worth more than 100 billion each (though doubtful their criminal derivatives / CDO really worth that much) and ADDITIONAL taxpayer bailouts would be handed over to these TOO BIG TO FAIL i.e. CORPORATE CONGRESS TAKEOVER banksters. 1) Instead of letting the market work by the ownership transfer that Obama, Bernanke, Paulson, and Bush are preventing. (Though the banksters cashed out before they engineered the crisis) 2)
- [DN - Joseph Stiglitz: They say, “If you don’t save us, the whole system will go down.” But, you know, when these banks that I talked about before, when they go down, there’s not even a ripple. The fact is, you change ownership.]
- [DN - Nomi Prin: We need to dissect those banks. We need a 1933 solution. take the parts of Citigroup that directly relate to depositors and to loans, not borrowed loans, but actual single deposit to loan. IndyMac being sold to bunch of private equity guys who will be running it, too, who are from Goldman and run a company called Dune, that are effectively consorting with people that are going to run this bank forward. And that’s the problem, to not create a bigger mess to deal with later.]
- [AIG, Too Big to Fail, Too Big to Exist. Period. ]
- In mortgage crisis, shouldn't house flippers and speculators be prevented hoarding houses for higher prices? To spur the housing market, there should be a high tax if you don't stay in the house 3 years or so. This tax would be except on "fixer-uppers" some do the service of fixing the property before sale.
- [How Credit Default Swaps Brought Down the World Economy] - via derivatives
- [The 401(k) Con]
- [Former high-level executive director of CIA arrested by the FBI ] -- moral of the story, government employees are not infallible, that just as many good employees there are that make America great, there is also evil. If you care to admit that evil does exist, this is the first step in realistic progress to cleaning corruption. Democracy does not work if there is no one to hold those elected and appointed accountable. The result of apathy is a corrupt tyrannical government usurped by fascist elements and its greedy minions that bribe, lobby, and loot via bailouts. [The only thing holding back the flood of evil to triumph is that the dams and levies of good do nothing.]
- The word the financial propaganda media barely mention - Derivatives! Yet they can't say sub-prime mortgages enough.
Subprime mortgages did not cause the crisis - DERIVATIVES did, Santelli and the rest of wallstreet know it. 1.5 quadrillion in derivatives, what Buffet called WMD's of wallstreet, compared with $1.3 trillion in sub-primes that is a drop in the bucket. And HAS already been paid in TARP 1 & 2, some of the Stimulus, and mortgage bill. Everytime the financial propaganda media tries to paint it as a sub-prime mortgage crisis, they should be called for it as the propagandists they are, it's a wallstreet derivative crisis. It will be something if people will demand their retirement and 401K back. The lies that overtime the stockmarket gains, [yet 10 years lost]. Derivatives should never be used, the need to be wiped out, these illegitimate derivative instruments are NOT sacrosanct like Obama and the banksters are saying. So banksters profited once with dervatives, then again with bailouts and bonuses. Disgusting. The financial propaganda media and banksters are traitors.
- Too big to fail problem, or too big to exist, or too big to liquidate at once -- 1) banks were only allowed to operate within the state it was chartered in, this was defeated in the Supreme Court and needs Congress to restore. 2) restoration of [Glass-Steagall Act] (Bernanke didn't mention this) 3) elimination of Reagan's derivatives, CDS, and other market-illegitimate instruments. 3) commodity trading only for tangible products. 4) too big to fail anti-trust laws to split not so much for competition (though it may spur it) but for national security so that bailouts (taxpayer looting) are NOT an option 5) abolish the bank cartel federal reserve 6) [actually this was even address by a bankster in 1999] 6) restoration of interest free monetary system i.e. greenbacks as a step to restoring sound money
- [It seems the secretive private-equity fund Cerberus is willing to gamble on Chrysler’s survival with the taxpayer’s dime, but not its own.]
- [Merrill CEO refuses to answer Attorney General's questions regarding bonuses awarded on eve of merger with B of A. Shocker. ]
- [Obama Expands Military Secrecy: Dept. of Defense Now Required to Sign Vow of Secrecy on Military Budget ]
- double-speak -- [I Love It When You Talk Carbon Taxes!] - for the globalist push for carbon tax and cap and trade
- [Professionals are motivated by self-interest], yet the Bush Financial Crisis of 2008, there was a lending crisis because these 'professionals' are NOW concerned that lending to 'OTHER' banks may not lend you back, financial propaganda media goes on a LIBOR tirade, and NOW they're concerned about their OWN balance sheet of their bank, not their own pocket. An engineered joke.
- Perfect example of the false left right paradigm - all the shows are trying to prop the republican party, the Obama administration problem with taxes was boringly engineered and obvious, the talk shows feebly "repeat" philosophical differences, the push for Jindal as prez to follow the Clinton-Arkansas election model, engineered outrage from the false Santelli-Gibbs debate ([like the false protests in florida over hanging chad] [Jim Wilkinson]), yet not one word about the "Empire"'s spending - [Current Military $965 billion:] - only a trillion for military
- [TARP was a bait and switch. The Federal Reserve never intended the money to be used for lending. The banks were told to use the money to buy weaker banks.]
- [Confession: I killed the Bank, Andrew Jackson]
- new scam - [U.S. financial regulators will use "stress tests" to determine which of the largest U.S. banks may need additional capital cushions in the event of a deeper recession] - in other words, those who have worse management get bailouts (by giving themselves and their minions large salaries, stock options, bonuses, retention fees/awards, vacations and anything else you can think of in the form of compensation), those who were responsible do not, banksters write the laws and profit. And given that you do bankrupt the business, they'll try and go work for another bankster bank, instead of being called and jailed for the criminals and traitors they are for looting America
- [Morgan Stanley & Citi to pay $3 BILLION to retain brokers. Yet another bonus though they're now giving it another name]
- [151 Congressmen Profit From War ] -- Corrupt Congressmen gave themselves a loophole so they only have to report their assets in broad ranges. Thus, they can be off as much as 160 percent. ---- Many of the remainder get bought off through campaign contributions, lobbyists, and paying for extravagant fund-raiser events (expensive singers, food, etc) so others may give.
- [AFL-CIO: Buy American Is About Building Jobs, Not Protectionism ]
- [U.S., U.K., and European regulators to jointly regulate the $28 trillion credit-default swap fraud market] - regulating fraud instruments, just ban them.
- [Extraordinary Times Requires ... Well Ordinary Economics] - good title
- If Rick Santelli against it, I must be for it. Wallstreet banksters.
- [The 4th biggest holder of US treasuries is “Caribbean banking centers”]
- [Melissa Goodman Jan-29-09' INN ] - office of legal counsel rules are tyrannical secret laws that override laws on the books - How can the people change government when they can't know about the laws?
- [Joe DioGuardi 02-13-09] -- on INN speaking out of bailout corruption
- [DN - Union Leaders Accuse Stern of Scheming for Control of America’s Only Union-Owned Commercial Bank]
- [DN - RNC Protesters Tried on Terrorism Charges Despite Acknowledgment They Didn’t Commit Alleged Acts] - and mistral in the FBI provocateur case
- [Dow sinks to 7,365 -- the lowest point of the current bear market] - near the 7000 mark Jim Cramer said would be reached if the bank bailout was NOT passed (stirring fear to pass it), well it was reached, but banksters thank the taxpayers for looted trillions anyway
- [Kucinich on Stanford Group fraud: SEC told to "stand down" by fed agency in 2006]
- [Animal owners, consumers and taxpayers: NAIS ALERT! Protect your right to farm and to eat local food. Speak out against the National Animal Identification System!] - more slave taxes on life i.e. food
- [Donald Rumsfeld announced that 2.3 Trillion Dollars Missing on the date of 09/10/01, scandal of the century, but forgotten the next day]
- [new, transparent accounting methods reveal that Bush left us $2.7 trillion more in the hole than we expected.] -- [Obama Bans Accounting Gimmicks, and Deficit Will Rise]
- NEW NUMBER! [U.S. Taxpayers Risk $9.7 Trillion on Bailout Programs ] -- from 8.5 trillion to 9.7 trillion feb 9, 09
- [1999] - [2009] - how history repeats itself - banksters
- [Madoff: "We have no evidence to indicate securities were purchased for customer accounts" in the past 13 years] -- No evidence that Madoff bought a single stock for his "hedge fund" -- [Madoff Never Made Supposed Investments]
- [Like NASCAR Drivers, Our Politicians Should Wear Uniforms Clearly Stating Their Sponsors] -- [and this is what it would look like]
- The Government Accounting Office does not have complete access to all aspects of the Federal Reserve System. The law excludes the following areas from GAO inspections [31 USCA §714] and the excuse [Federal Reserve System Audits: Restrictions on GAO's Access] -- So when Ron Paul called Bernanke 2-10-09 about this "transactions for or with a foreign central bank", he responded with surprise and said he was unaware of this. Can't use that lie again until the next chairmen takes office.
- [TIME magazine reports calls to Congressional offices running 100 to 1 against the bailout ] - banksters control congress
- [Swiss bank admits hiding money from IRS ]
- UK - [Bailed-out banks to add £1.5 trillion to public debt ] -- now [Bank Bailout to Cost Taxpayers $2 Trillion ]
- [It's Official -- Bailed Out Banks Lent Less ] - hoarding taxpayer looted cash
- [Top 10 Chilling Statistics of the US Economy]
- [People forget all too readily, but Greenspan is a consultant to Pimco, the largest bond manager in this industry and its strategy is to chase government protection.]
- Terror used by Paulson and Bernanke - [FRONTLINE: Inside the Meltdown of Sept. 18, 2008] - running out of cash, yet Bear Stearns had 18 billion in cash reserves until cnbc starts the rumor mill and with engineered systemic risk, when the bankster cartel has been given the power to print unlimited amounts of fiat currency, the whole excuse of the removal of the 'gold standard', that runs would be impossible and simply create inflation as the bankster cartel does so well. Funny that they paint Goldman Sachs Paulson as the reluctant looter, plunderer. The bankstes didn't want to loot America, they were forced to. Treason.
- [True Cost of Stimulus: $3.27 Trillion] - superficial difference that globalist who hate America promote carbon taxes and any tax to service banksters debt and interest, the False [Left-Right Paradigm] support endless wars, record debt spending thereby enslaving the American public to debt and interest, and selling American infrastructure to banksters
- Financial propaganda media - Suppose the economy is CORRECTING...not Shrinking. Prior to all of this, "overvalued" seemed to be a daily use buzzword. Same with the term "toxic assets". The banks do not like the drop in prices of these assets, therefore they are labeled negatively, and have sought bailouts in TARP I, Stimulus (50 billion), and soon to be TARP 2. Same hold for these assets, the market is pricing them correctly. When housing prices are not a reasonable multiple of the middle class income, a bubble and burst are inevitable. Though the sought after housing bubble excuse for CDS and derivatives are what was anticipated to a precision level engineered looting of the American economy. Squeeze the middle class income, expand the housing bubble (with corrupt leveraging), banksters profit, loot America, then attempt to offer the solution of destroying American sovereignty via global government/governance, bringing austerity to the American debt and interest slave (instead of writing off bad debt and letting firms fail and voiding all derivative contracts (acknowledging the illegitimate corrupt financial instruments they are) that profit from these failures).
- [(Stimulus) It’s now up to $12 trillion. It’s a giveaway to the banks, to the creditors, without a single penny for actual debt reduction. And what’s happened is that this is the greatest transfer of wealth really in American history.]
- [Ron Paul: "More spending, more debt, and more inflation won't solve problems caused by too much spending, too much debt, and too much inflation."]
- [There has been basically no wealth creation at all since the turn of the millennium: the net worth of the average American household, adjusted for inflation, is lower now than it was in 2001! By PAUL KRUGMAN ] - engineered destruction of the middle class, that's all
- [We Are Obama Of Borg]
- [10 Key Posts In Administration of Rookie President that could be considered as Rothschild influence]
- [Does $65.5 trillion US derivatives terrify anyone yet? ] or the [$1.5 QUADRILLION global derivatives crisis] - [Reagan's WMD financial instruments that he legalized for the US in 1982] -- derivatives -- [30 minute version of I.O.U.S.A., A documentary about the $53,000,000,000,000 in obligations that the Federal government has to foreign investors, pensioners, and for medical benefits.]
- [BILL MOYERS: Talking about the oligarchs/elite/NWO] - The financial system is playing us for chumps
- [Who is Pulling Geithner’s Strings?] -- [Global Economy Top Threat to U.S., Spy Chief Says]
- [American Recovery and Reinvestment Act of 2009] - public dissection and scrutiny
- Geithner, Bernanke, Paulson reward their own network cronies, engineering crisis and then bringing globalization as the answer, problem, reaction, solution.
- Can't audit the federal reserve private bank cartel (where is the public record?), no power to vote these individuals as if they were supreme court lifetime officials, power is corrupt. “If the American people ever allow private banks to control the issue of their money, first by inflation and then by deflation, the banks and corporations that will grow up around them (around the banks), will deprive the people of their property until their children will wake up homeless on the continent their fathers conquered.” -
[Thomas Jefferson quote] - Or he could take the route of President Andy Jackson, who closed down the 2nd National Bank of the US. Or President Lincoln, who was opposed to an Independent US Treasury, but refused to pay usurious rates to finance the Civil War, so he printed US greenbacks. Or President Kennedy, who printed US government currency, around 4 billion dollars worth, money which LBJ took out of circulation after Johnson took over. - [Quotes about Government & Banking Control and the New World Order]
- [What is the problem -- derivatives (specifically CDS).]
- Bernanke bankster cartel doublespeak -- calling Constitutional power of the people usurped of the monetary system::: 'powers' simply 'tools'
- [Ron Paul: "What if our foreign policy of the past century is deeply flawed and has not served our national security interests? ... What if people learn the truth?"]
- [Want to see gold price manipulation in action? IMF confirms plan to unload 403 tons ]
- [New Thinking on the Economy]
- [The Brightest and Best (Males) Are the Ones Being Laid Off]
- [Merrill secretly and prematurely moved up the bonuses - top four recipients received $121 million ]
- [Kucinich Reintroduces Department of Peace Bill with 62 Cosponsors] - opposing the Department of War (Defense) double-speak
- [Bailed-Out Firms Distributing Cash Rewards: "Please Do Not Call It A Bonus"] - call it retention fee, award, pat on the back cash, banksta pay, salary, ceo dividend (which were still paid to shareholders), deferred compensation (Cheney's favorite), public-speaking tour fees, whatever you call it, if the law is not written as any compensation it's just smoke and mirrors
- [Geithner: "Did I say 1.5 Trillion? Make it 2 Trillion. What's a half Trillion between friends, anyways."] - bankster
IT BEGINS --- Congress ending the Fed, taking back its Constitutional right!!!
- [Ron Paul: Central Economic Planning] - The federal reserve is the source of our problems, but Congress gave them the powers, can't edit the Federal Reserve for the things that matter, transactions with foreign banks, etc.
- [Bernanke #4: small group of people can create money out of thin air! Ron Paul] - it's the power!
- [Bernanke #9: "winding down the Federal Reserve" TARP vs 13.3 Federal Reserve Act]
- [AIG Bailout and Federal Reserve Act Loophole 13.3 ] - powers need to be restored to Congress and abolish this banking cartel and it's illegitimate powers
- [Bernanke #6: You'd be on a watchlist if you werent the Federal Reserve!] - doesn't think highly of Chairmain Neugebauer (R-TX) by not answering the questions
- [Ranking Member Bachus Statement at Hearing to Examine Federal Reserve Actions]
- [Bernanke #10: "I believe the Taxpayers SHOULD BE UNSCREWED" Skeptical Sherman] - lies to Chairmain Sherman (D-CA) because it has collateral up to 9.7 trillion in loans, 2 trillion has not been disclosed in loans
- [Bernanke #5: "In Awe of the power & flexibility you have 13.3 Federal Reserve Act" Maxine Waters] - it's tyrannical!!!
- [Bernanke #2: I firmly believe that central banks should be as transparent as possible] - double speak for the private banks cabal known as the federal reserve can't be audited, there is no transparency, but the sirens will lure you with lies that there is, right in plain site of Congress
- [Bernanke #3: Federal Reserve Balance is Strong!] - treasonously strong
- [Bernanke #1: Some measure of success..... Federal Reserve's actions.....] - in taking over American soverignty, bringing about a NWO, bringing austerity to America, enslaving America to bankster rule
- [Congressman Neugebauer Reaction to Bank Executive Hearing] - beefing up their balance sheets, absolutely
- [Geithner #1: Americans have lost faith in the governments effort to rescue banking system] - because of the criminal activity of the federal reserve there is no trust, the Geithner minion supporting the federal reserve actions, Goldman Sachs, fed res NY alumni
- [Bernanke #8: SYSTEMIC RISKS (the risk of collapse of entire FINANCE MARKETS)] - when foreign entities are no longer to buy treasury bonds, the federal reserve will have completed its mission, to collapse the system
- 2-10-09 C-SPAN [Federal Reserve Response to the Financial Crisis]
- [Obama's stimulus] -- 50 billion to banksters as well
- [Elizabeth Warren: When treasury first released these funds, starting back in November and into December, they simply didn't put any restrictions on it. They just said, "Here's the money."] - Chris Hansen: Well, why wouldn't they attach any conditions to this? Elizabeth Warren: You'd have to ask the then Secretary of Treasury Paulson. Elizabeth Warren: Look, the money didn't just roll out in an afternoon. The idea that this happened in a blink, and there just wasn't time to put terms and conditions in there - it's just not true. They didn't put terms and conditions in there because they chose not to put terms and conditions in there. - with video behind a lousy commercial -- from 2007 or [Elizabeth Warren from the "middle class collapse" lecture and now head of the Congressional Oversight Panel for the treasury explains how deregulation caused the economic crisis and what to do about it.] -- should also add that before people needed 20% down to buy a house, this encouraged people to save (no PMI hook), virtually no one had a ARM or other gimic loans that are sold under the lie of you'll refinance, then when the market fell as wages have not kept up with the rise in the housing bubble, of course it would pop, but wages have not risen for the middle class for decades.
- since it's a post about Elizabeth Warren here's her [The Coming Collapse of the Middle Class] -- Summary -> destruction of the family unit (2 times the risk) with the necessary 2 income households, attack on the males income, married couples income only rising because the woman stared working (a second income)
standard of living/price of clothes has dropped, stays in hospital natural brith=5days, cecarian=10 days, NOW 24 hours, just disgusting, , 1/3 more education paid for by families instead of government as in the past, competing against 2 income households, a single mother can't do it, add not mentioned -> price of education skyrocketing education, price of food HAS increased, kids are not a liability or cost, but an investment for the future
- [Congressman DeFazio (D-OR): "We want our money back!"]
- another censored SNL video - [Media-Opoly - Conspiracy Theory Rock] like the censored bailout skit [SNL bailout video]
- [A Brief History of Banking System] - history of bankster manipulation being exposed!
- [Summers: At Least $50 Billion In Treasury Plan For Housing Relief (VIDEO)] -- another treasonous 50 billion bankster heist
- [Congress Should Not Cap CEO Pay (but the market, requiring the corp. to fail and requiring a substantial interest of a CEO assets (stock/options) in that corp.) & strengthening of piercing the corporate veil, But Look at the Deeper Problems of Corporate Governance] - the government should not bail out banksters ever!
- [A more accurate recession job loss comparison chart. ]
- [Commentary: Free trade has sold out the American worker] -- fair trade instead of free trade, that's right or [People Must Stop Believing in the Free Market Fairies] -- but what would the all-knowing mises say? oh, found it [Today's Economic System Is A "Mixed Economy," Not Laissez-Faire Capitalism]
- [Even Under the New President, Washington Is the Same One-party Town it Always Has Been -- Controlled Not by Democrats or Republicans, but by Thieves] - with Congress as the banksters puppets
- [(a visual guide to the unemployment rate)] - [I'm a small business owner and I don't need Tax Cuts, I need more customers] -- a false choice between supply side / trickle down and demand side / trickle up economics, if the banksters weren't looting America (a massive looting up economics) or trillions for endless wars, there'd be no need for an individual income tax (a corporate tax would suffice) while social program to take care of infants, the poor, and elderly, and infrastructure spending
- [Graph: Taking Apart the $819 billion Stimulus Package] impressive eh? how about this one [Obama's Economic Stimulus Plan Mapped Out (Infographic) ] - that tells it better - yet fed res banksters over 8.5 trillion, at least 2 trillion undisclosed, or the TARP bankster takeover bill, aside from that, here's the 'stimulus', what a drug, perhaps it tickles, yet it will more than 'activate' inflation. And where is the talk about long-term investment, manufacturing, and other growth producing infrastructure that is key to actually grow the economy, yet it seems like the crack fix of the 'stimulus' is all that can be discussed.
- American has a history of sound money founders as well, Hamilton who believed in sound money banking, manufacturing, and economic progress, and the Jeffersonians who believed in agrarianism, stasis and sound money and later on in Jefferson's years also was a backer of manufacturing. Instead of sound money by the Austrian school, there was sound money in the American school as well. Though the voice is louder with the Mises, but can just as easily be labeled under the American sound money founders. Just like John Locke, a British a lot of influence on the founding fathers in the construction of the Declaration of Independence and Constitution.
- A false discussion, not what a CEO makes if receiving bailout funds, but a discussion on whether bailout funds should be used at all, and they shouldn't.
- [Dennis Kucinich Citifield, Bailouts, the Federal Reserve, and Fraud 02-02-09]
- [New U.S. Attorney General Eric Holder said on Tuesday he would prosecute Wall Street crime but was not planning any "witch hunts" despite mounting outrage among Americans over corporate excess] - [New U.S. Attorney General Eric Holder: "No Wall Street criminal witch hunts."]
- [JPMorgan buys WaMu]
- US government spends billions of dollars in counter-terror measures, yet rigorous driver's education funding takes a backseat even though automobile accidents kill far more than terrorism. But then if all Americans were cautious and well-trained drivers, revenue from red-light cameras would drop.
- [NJ Gov. Corzine Wants to Suspend Deposits to the State Pension Fund] -- the next target is your pensions
- [The US Has 761 Military Bases Across the Planet, and We Simply Never Talk About It ] -- At the height of the Roman Empire, the Romans had an estimated 37 major military bases. At the height of the British Empire, the British had 36.
- [Fed Approves Sale of Sovereign to Spanish Bank] - just some more selling of America to the international banksters
- Seems the attempt to make oil to go to $20 is on its way, bankrupting anyone who depends on it, US wars continue, now economic warfare after a period of armed wars in Iraq and elsewhere.
- The truth hurts -- [U.S. Economy : The Philosopher's Stone] -- Working for free, economic slaves (to repay the interest and loans), Americans working 2 and 3 jobs just to survive.
- [Obama: Americans Will Accept Bankster Engineered Depression]
- [Many may think that the current economic fiascoes are the results of bungling politicians and bureaucrats. FDR once said, “In politics, nothing happens by accident. If it happens, you can bet it was planned that way”]
- [Sen. Dorgan (D-N.D.): Federal Reserve refuses to identify recipients of 2 trillion in emergency loans!]
- [Why Big Finance Is Laughing All the Way to the Bank]
- [Oregon considers subbing mileage tax for gas tax] -- Fuel efficient cars save money, nope. The parasites bureaucrats will simply change how you are taxed, afterall they do have hundreds of thousands of their salaries to raise (steal). Per mile and GPS tracked -- The program would install GPS devices in every new car and free the state from the problem of falling gasoline tax revenue. Some drivers worry about privacy.
- [Fed has abandoned monetary policy, critic says] -- the growth of its balance sheet 'unbelievable' its quantitative easing (printing of money) is an industrial policy, of course the banker cartel known as the Fed
- [The Coming Hyperinflation]
- [Banks need more capital] - from the greenSCAM artist
- [Was the 'Credit Crunch' a Myth Used to Sell a Trillion-Dollar Scam?] - Suspicion has emerged that TARP -- hundreds of billions of dollars worth so far -- was sold to Congress and the public based on a Big Lie - yes
- Financial propaganda media glee with the upcoming inflation as a 'good' thing. Balance sheets of debt will look smaller with the rise of prices of everything. Yet wages are not rising with inflation. Nothing like stealing wealth from those who save or making goods more expensive with those whose wages don't rise with inflation.
- [banksters even allowing to double dip into TARP] - since they didn't loot enough billions the first time around
- [more to come to blame the housing market] - even though the financial industry is a minority of lenders, the banksters will try and loot the taxpayers for more bailouts
- [fed bankster cartel is going to 4.6 trillion balance sheet] -- so from 8.5 trillion to 10.8 trillion in this crisis, with more bailouts to come
- [Portfolio labels debating the engineered crash and the bailout as conspiracy, but a disturbing amount of high level financial officials worldwide are Goldman Sachs Alumni. Not surprisingly GS is emerging from this crisis on top.] -- The Treasury Secretary, Economic crisis leader for the E.U., Merryl Lynch's CEO, Wachovia's CEO, AIG's CEO, The World Bank President, the T.A.R.P. administrator; All Goldman Sachs Alumni! Is that so? -- seems a pre-emptive programming article to divert any debate or questioning of the bailout and the emerging recipients of the taxpayer funds
- [Bush's last press conference] -- Just the part where the tyrant summons the false flag event, notice the stirring of fear and to divert 9/11 away from it as an inside job evidence shows it to be.
- [Obama threatens dissenting Democrats with first veto] -- following through with the bankster takeover bailout
- [$485B: Record Deficit in Just Three Months ] - so $500 billion in deficit every 3 months to the tune of $2 trillion a year seems the goal
- [Be Afraid, Be Very Afraid: Graph of Total US Obligations Vs. GDP] - it's not if, but when it crashes, though if it does survive, we, our children, and their children will be taxed and slaves to interest and debt to the banksters who have and are buying all infrastructure and consolidating while the dollar's value is being destroyed. -- [Russian Professor Predicts End of U.S.] -- Seems just what the globalists are engineering to put the US into a state of indentured servitude
- [Global Systemic Crisis - New tipping-point in March 2009: 'When the world becomes aware that this crisis is worse than the 1930s crisis'] - Obama said on This Week with George Steph Jan 11, 09 about sacrifice as well, though that's just for the American taxpayer slave, Congress just gave themselves a raise, along with the bankster bailouts
- [State Pensions’ $865 Billion Loss Affects New Workers ] - affecting state and city police, firefighters, teachers, and other employees.
- [American productivity has risen, but wages have not] -- the effect of bankster looting through currency inflation and bailouts
- [Bernanke skips out on Congress to attend international bankster meeting in Basel] -- bankster traitors! Shows how unaccountable these criminals are to America!
- [Banks Are in Need of Even More Bailout Money ] - [Bernanke: More bank bailouts needed] - [Bernanke says no recovery without more bank aid] - [Bernanke Indicates Support for Stimulus, Capital Injections]-- bankster traitors!
- [Regional Fed Chiefs: Elite Insiders Have “Usurped Authority” ] - [Bernanke ‘War Powers’ Undermine Fed Bank Presidents]
- [Oversight panel: There's just NO money from TARP that's gone to support the housing market] -- of course we knew this, it's all about a cover for the Fed bankster cartel to loot trillions
- [Greenspan Admits The Federal Reserve Is Above The Law & Answers To No One] - or - [video compilation]
- [Barney Frank submits bill to impose controls on bailout. Gee, Why Didn't We Think of That?] -- but I thought you can't make them lend... it went something like 'you can't push on a string', but hey, the first 350 billion gone, which is really just a show for the public amount while the banksters give out Trillions like the 8.5 trillion
- Engineered oil prices by wallstreet speculators, the bansters and their minions -- [Morgan Stanley and Goldman Sachs, may have set off the speculative bubble last March by their predictions of soaring oil prices. However, both firms deny deliberately manipulating prices, and federal law doesn't give regulators the jurisdiction to find out.] - of course it was engineered, they knew when it would peak, cashed out, forced a bailout, now are buying the real economy, consolidating, and infrastructure
- Engineered oil prices still happening - [Investment banks are hoarding more than 50 million barrels of oil offshore on supertankers. The practice is called "contango"]
- [The U.S. government more on Friday announced it was injecting $20 billion into Bank of America and guaranteeing losses on over $400 billion of assets both from Citigroup and BofA]
- Tarpley makes a point that free-market capitalism of 'do nothing' is wrong, that the good parts of FDR and engage in those. No one said that government should not be concerned about the people, if government was by and for the people. If the people are 'starving', of course it should step in with infrastructure employment. Free-market capitalism on the other hand should be based on independence from government, (though at times it seems to blur as the policy of a nation (it should not be however)), and merely be privileged to engage in business in that government's country. Where government does it more efficiently it should as in fire, police, (local government) and military or health care (federal government) prevention & protection. Though citizens should be encouraged to take over services where possible police (citizen militias) for example. Other industries should be more non-profit like education (because of the tendency for indoctrination). Though health care could be argued to be a government or non-profit activity because health care in the free capitalism realm, service doesn't simply tend to be cut or limited, resulting in death or diminished health, but is.
- [Sovereign Wealth Funds] - is an example of corporatism.
- "Fascism should more appropriately be called corporatism because it is the merger of state and corporate power." - Benito Mussolini
- [Wall Street Robber Barons Ride Again]
- [Report Finds Major US Companies Have Offshore Tax Havens]
- [Peter Schiff Predictions: Obama to Usher in Great Depression Part II] -- standard & poor rating agency corrupt, history repeating itself in a Great Depression II, rewarding of those who made bad decisions while punishing the prudent. Obama to blame Bush & free market capitalism (when Bush government was one of the most interventionist through wars and bailouts:: to allow risky investments [like derivatives that Reagan created that Clinton endorsed through the repeal of Glass Steagall by the GLBA] and absurd leveraging that free market capitalism would never allow without bailouts), the bankster firms rewarding their minions through retention bonuses.
- [What Obama Must Do] -- [Paul Krugman: Forgive and forget? "To protect and defend the Constitution, a president must do more than obey the Constitution himself; he must hold those who violate the Constitution accountable"]
- [Mainstream media slowly waking up to the fact that we would have been better off letting bad banks fail instead of flushing 2 trillion down the toilet] -either they're trying to redeem themselves or now that the TARP 1 has been looted, they're setting up the next propaganda for looting bailouts
- [U.S. Gives Bank of America $138 Billion] more looting
- [Federal deficit borrowing could reach 2.5 Trillion in 2009 (chart)] -- PER YEAR! just staggering
- [Dr. Paul at the Financial Services Hearing, 1/13/09]
- [The second half of TARP is facing resistance and now, all of a sudden, BOFA and Citi are on the verge of collapse. TARP II will be going through.] - [Fear is back on Wall Street] - Déjà vu? Heard this before? The sky is falling, pass this or else...martial law
- [Fed Official Confronted Over Bailout Spending Secrecy (VIDEO)] - a must watch, the minion of the bankster cartel won't disclose who received at least 1.2 trillion of the 2.3 trillion balance sheet of taxpayer bailout money
- [Kucinich proposing legislation to take control of the money supply away from the Federal Reserve, slams fractional reserve banking!] - Amazing! Down with the traitorous bankster cartel!
- [Kucinich: Federal Reserve No More "Federal" Than Federal Express!] - calls for Congress to take back the power to create the monetary system, as the Constitution mandates
- [Bank Of America Is Back For More After Already Getting $25 Billion In Bailout Funds] -- [10 billion more] -- C(ia)NN makes excuses
- [Morgan Stanley buys Smith Barney from Citigroup] (the same Citigroup that has received [$45 billion from TARP)] -- [Lawmakers Question How Morgan Paid for a Deal] -- of course Morgan Stanley used TARP funds to buy Smith Barney
- [Bank of America May Get More U.S. Aid to Absorb Merrill Lynch] -- soothing language 'absorb' for the buying of Merrill by BOA
- [Falling Prices Are the Antidote to Deflation]
- [Bailout Opposition Mounts as Obama Requests Funds] - with the clock ticking for a veto just the two party dictatorship show against the taxpayer looting, yet [Obama Would Spend Bailout Funds On Housing Crisis, promise this time.] --> Obama minions lobbying efforts for the banksters culminated in a closed door meeting between Senate Republicans and top Obama economic adviser Larry Summers to gather support for the TARP funds.
- The Final Bailout Looting Act -- 1-12-09 -- [With the appeared blessing of Obama (given no gripes and his support to pass the bailout), Bush has requested the part 2 of TARP 350 billion], now in 15 days it goes into effect, unless Congress does something (and they won't). The financial propaganda media are citing Bank of America and Citigroup as evidence the financial industry has gotten the raw end of the deal, yet neglect to mention [Goldman Sachs JP Morgan Chase, and Bank of America (Italy) that just so happened to convert to banks by the Fed bankster cartel] to loot America through endless bailouts. Though the banks privately owned by the banksters are run like well-oiled machines. Anyway, the part 2 TARP request gives just enough time for a potential veto (that won't happen) for a future blame of the democrats, yet is basically a looting by the puppet Bush administration who authorized both bailouts and the dems can simply blame Bush for both TARP authorizations. The two party dictatorship under a cover of the back and forth blame game as usual are actually supporting the other since they both supported the bailout passage (under the command of the ruling banksters). With two false choices presented, one is chosen by the plundered taxpayer lured by 'soothing language' by singing of the Sirens. All simply means the looting of your children and their children (the sheep that are sheared every 15 to 30 (or even 10) years via bailouts) will see hyperinflation, more taxes, and the result of inflation, a worthless dollar.
- [$247 billion of securities exchanged through TARP worth only $183b today. That's a $64 billion loss for taxpayers, a subsidy straight to the banks.]
- [How the Federal Reserve System Transfers Wealth from Society to the Creators of Money and Corporate Interests]
- [Bankster Bailouts, Rescues & Cash Injections in US Economy Now Total $8.5 Trillion and Counting]
- [Follow the $8.5 trillion: Breakdown of the government's rescue funds (chart)]
- [How can you give cash compensation to an executive, yet claim it is not a salary or bonus? You call it a "retention bonus,"] - remember how Cheney was getting deferred compensation from Haliburton ([and moved its Headquarters to Dubai]) years after he worked there while he was VP, anyone else would say he was on their payroll and being bribed, and it is, can you say 'conflict of interest', or 'bought and paid off'.
- [Bank of America Receives Federal Reserve Approval of Merrill Lynch Purchase] -- On the eve of a holiday the criminal federal reserve bank cartel gives its 'approval' being the rulers of America, the people know the criminality and fraudulence of this cartel and will 'end the fed'
- [German Weimar Republic in the early 1920s compared to the U.S. Today - Troubling similarities]
- [171 banks on the consolidation list err. watch list to be seized the banster banks]
- [AIG receives $40 billion from government program] - since this is so frequent, perhaps we need an acronym for it, like YAB 40, (yet another billions). They seem to think if they keep the AIG bailouts to low amounts, that they will somehow obfuscate the looting. Yet AIG's hundreds of billions to trillions are being noticed.
- All those FDIC seizures of cash rich banks now [Goldman, Morgan Stanley Lead FDIC-Backed Debt Sales] - the Paulson network of course
- [Bush, Cox and Bernanke Call for Regulation of Credit Default Swaps] -- more like ban them
- [Derivatives a major problem, so Citigroup selling more derivatives]
- [Wachovia execs to receive over $98 million? ] -- what's a 100 million when Paulson and Bernanke are stealing [8.5 trillion] or here (not being reported), the radar of millions has been intentionally broken, as the empire is plundered
- [Bailout costs more than Marshall Plan, Louisiana Purchase, moonshot, Seward's Folly (Alaska Purchase), S&L bailout, Korean War, New Deal, Iraq war, Vietnam war, and NASA's lifetime budget -- *combined*!] -- shows two things, that this looting is astronomical and that inflation has destroyed the dollar that Americans are economic slaves to these banksters
- [You can print money, but not confidence] -- Exactly why the bankster cartel federal reserve is fraudulent
- Instead of bailouts, should be looking into actual regulators with integrity [What a coincidence...almost all the major failures (Washington Mutual, Countrywide, IndyMac, AIG, GM, Lehman Bros. and Morgan Stanley) were all overseen by the same inept government regulator ] -- and a bit of [Sherman Antitrust Act] on these 'too big to fail lies'. If you're too big to fail, your not too small to be split by the Sherman Antitrust Act.
- [The Fed announced the creation of the Term Asset-Backed Securities Loan Facility (TALF) that will help market participants meet the credit needs of households and small businesses] -- seems the banker cartel federal reserve is now taking a lot of heat, so its time to throw some front programs that give the illusion to help the real economy
- [In 1910, seven men--representing 1/6 of the world's wealth--held a secret meeting on Jekyll Island. In 1913, the U.S. Federal Reserve Bank was created as a direct result of that secret meeting. ] -- I'm no fan of Kiyosaki, though he must have been reading the [The Creature from Jekyll Island] book recently
- [Bailout Pledges Hit 7.7 Trillion] - plus the 800 billion for a staggering $8.5 trillion theft while the federal reserve bank cartel continues to lend $150 billion per day. That printing press must be in overdrive, actually its just computer generated, get ready for [Zimbabwe type inflation] after their done looting, and it's being [noticed that these assets are being transferred (stolen) to and by the banker cartel known as the federal reserve and its balance sheet]
- [Fed Commits $800 Billion More to Unfreeze Lending] -- just another trillion as the American economy is intentionally destroyed
- [Bloomberg: Fed Pledges Exceed $7.4 Trillion to Ease Frozen Company Credit] -- TRAITORS!!! These banksters are committing acts of treason for the crimes of looting the American citizen! Government by and for the corporation. Guilty of crimes against the Constitution. These domestic (and foreign) bankster enemies are guilty of plundering and looting America!
- [The Federal Reserve: History of Lies, Thievery, and Deceit]
- [Former Clinton Treasury Secretary Turned Obama Adviser Was Paid Tens of Millions by Bailed-Out Citigroup ]
- During All This Talk of Billions In "Bailouts" For GM, Ford, Citigroup, AIG, etc., I Haven't Heard One Word About The Elderly, The Poor, Homeless People, The Unemployed, Those w/o Health Insurance...
- [Bailout Banks Paid Bill Clinton $2.1 Million for Speeches from 2004-2007 ] - no surprise why he supports the bailout looting
- [US Court of Appeals Rules Unanimously That Authorities May Conduct Warrantless Searches & Surveillance Against US Citizens in Foreign Countries]
- [Citi and AIG still pay hundreds of millions in sports sponsorship: "This type of spending is indefensible and unacceptable to Citigroup's new partner and largest investor: the American taxpayer"]
- [Citigroup says it plans to maintain its $400 million contract with the New York Mets so the Mets new stadium will be called "Citi Field".]
- [On June 4, 1963, with the stroke of a pen, President Kennedy declared that the privately owned Federal Reserve Bank would soon be out of business.]
- [Millionaires get farm payments; nobody checking ]
- If Bush can pardon a man for conspiring to sell $1.4m worth of cocaine, shouldn't he be obligated to pardon every person imprisoned on lesser drug charges?
- The goal of the shadow government and banker social engineers is to make the public debate a controversy, a diversion or smokescreen away from the REAL issues, instead of debating what to do about their corruption and world control, as in JFK, NAU, 911, and so on. If they choose not to talk about something, they simply call it conspiracy talk, a [red herring].
- Another goal, to influence through their museums, tours, and other events the young to instill their narrative of what happened, not to give them a proper education to question information so that they will not attempt to rid their government of corruption or on a broader scale of the control of the international banksters.
["It's kind of like TARP light,", says, an economist at J.P. Morgan Chase. In secret and with no oversight, the Federal Reserve is lending nearly [another $1 trillion to rescue...well, they refuse to say]]
[Debate on the Existence of Plunge Protection Team. An illustration of why the corporate media is useless, because it sees itself as a propaganda arm of the plutocracy, not as searchers for truth. ]
Global Markets Advisory Committee under the CFTC
1st thought - The concept of a stock market (wallstreet) is supposed to help buyers find sellers, and vice versa. The concept always has the best intentions, but manipulation of this match-making system (between buyer-seller) is prone without strict regulation by regulators with integrity (note that regulation of the match-making system is different from regulation of the market and the creation of bogus financial instruments that have nothing backing it, no collateral (other than bailouts), like derivatives, credit default swaps, and the rest.
Since a stock market market contains corporations, that employ workers of a nation, governments want a healthy market (in a stock market sense, they want buyers of stocks, not sellers) It's in a governments interest for a market to do well. Note this for later.
2nd thought - Corporations are supposed to be a mechanism to pool money of individual citizens to conduct grander business ideas and implement plans that the collection of money could potentially accomplish (where the meager wealth of an individual could not) and pooling factors of production in an intelligent manner to accomplish usually the primary objective #1 'make money' for the owners (shareholders), while objective #2 'making products and services' customers want. Sometimes the objectives can be inverted. e.g. Objective #2 is the primary objective, as in non-for-profits, governments (maximizing the public good), and profit secondary goal. Though theoretically the argument is that profit is always the main goal until at least sustainability is reached, otherwise the objective #2 (over the long-term (debatable what is long-term)) will not be obtained.
- [Bernanke admits he erred in gauging mortgage fallout! -- The causal relationship between the housing problem and the broad financial system was very complex and difficult to predict] -- translated as trying to blame the sub-prime mortgage for a more blame for the 1.5 quadrillion derivatives and loot everything with this derivative weapon.
- [U.S. Bails out Citigroup: Plan Injects $20 Billion in Fresh Capital, Guarantees $306 Billion in Toxic Assets]
- [Plan to bail out Citigroup to be announced tonight - whispers are that taxpayers will eat the losses to whatever degree necessary to keep it afloat]
- [Citigroup given $306 Billion Loan Guarantee!] -- The looting continues, another $1000 per citizen to be paid on you, your family, and children (and with interest it is always more since it is being borrowed by the banker cartel) to the bankster criminals.
- [Socializing Risk, Privatizing Profit: Government Bailout Talks Accelerate for Citigroup] -- aka, looting of the taxpayers and 'unprotected' banks (didn't pay their mafia extortion 'security fee') to the globalist banksters
- [Citi bailout: Once again, taxpayers hosed. We get $250 billion in potential losses for $27 billion in preferred stock. Would Buffett have made that deal? No way.] - Traitors, Thieves!!!
- [This sentence is surreal: "Purchase of Citigroup would 'significantly' add to Goldman Sachs or Morgan Stanley’s earnings as long as the U.S. government absorbed losses on the embattled bank’s assets." ] --- No surprise, the plan all along was to buy up Citigroup looted by the banksters and seize all the assets through 'consolidation' into the globalists control
- [As Investment Bankers Worldwide Go Bankrupt or Streamline Operations the Rothschild Investment Banking Group Posts Record Profits - Just Another Coincidence? ] -- yet [Every Stock Mutual Fund (11,585 of them) Has Lost Money in 2008 (except one)]
- [Another $1.4 Trillion in bank debt] - in addition to the 5 trillion (2 trillion is not disclosed how the criminals spent it) and the 150 billion per day
- [Tragedy on Wall Street: Goldman Sachs traders who previously made $40 million in bonuses sees their bonus shrink to just $10 million this year.] --- Thieves not hurting one bit.
- [Peter Schiff: How the Government Wrecked the Economy (and why it's doing asolutely everything wrong) BRILLIANT interview with Lew Rockwell ( 15 min. audio) Must Listen! : Libertarian ] - not wrong, its actually engineered, but a good listen
- [The Federal Reserve and Treasury constantly brag about the need for “transparency” and “oversight,” but it’s all just talk — they want none of it.]
- [Jeremy Scahill gets that Barack Obama’s Advisers and Transition Team are a bunch of Hawks while David Corn makes excuses why for the Democrats] - lists members of PNAC, AIPAC, and how no Congress members who were against the war (got it right) are in his hawk mobsters (so much for diverse opinion or anyone in favor of the 2nd amendment), Corn - Biden did try—and failed, but he did try, ... the Iraq war was just a mistake, most of the Democrats were simply complicit. What a fairy tale, a classic example of propaganda and making 'excuses' for why the Democrats were complicit (there really not part of a false left-right, two party dictatorship) while Jeremy Scahill ripped Obama's team, because they will be exactly the same as in the Clinton years, and even worse. -- Then right after this this gatekeeper news broadcast had a little girl talk about global warming, with their propaganda of 'dry in some areas, heavy rain in others', as if middle-east, african, US SW deserts and tropical rain forests are a new phenomenon.
- [Naomi Klein on the Bailout Profiteers and the Multi-Trillion-Dollar Crime Scene]
- [New satellite indicates cycle of global cooling ] -- yet the push to trade carbon credits, carbon, that has been pushed years causes global cooling
- [Max Keiser - Special Liquidity Schemes, Gold and the Dollar] - The economy is dead because of too much debt. The Bush administration officially destroyed America, got that soldiers, as your children are going to be economic slaves and their currency worthless, their economy burdened with federal reserve bank cartel debt interest and global bankers will own you and your children.
- [Misesians vs. Hayekians Economics]
- [Ford needs 13 months and $75 million to change the type of car a factory produces. Honda? 5 minutes.]
- [War-Hawk Obama's Cabinet: Not one of the 23 senators or 133 House members who voted against the war is in the mix]
- [Peter Schiff: Schools fast money] -- Held his own against the mob, Peter gives prudent advice, seems they paused away from the financial propaganda script for a second to hear the wisdom of 'the dollar is going to collapse' and why we should have gold. Peter needs to be on more shows, not the Chicago School of Friedman Banksters crooks.
- [Financial Crisis Has Now Cost More Than WWII (Inflation Adjusted)] -- the globalist bankers are reaping their interest on the fractional reserve currency stealing the wealth from the American public
- [$5 Billion in Corn Ethanol Subsidies Should Be Eliminated, Food Before Fuel Urges]
- [Army shreds documents on friendly fire deaths! A final betrayal to the troops? ] - like what happened to Pat Tillman [Army Attributes Deaths of 2 US Soldiers in Iraq to Enemy Action.News Agency Finds Evidence That They Were Killed by a US Tank, not Enemy Fire. Army Destroys Their Files.]
- Senator Inhofe: [Reveals] Paulsen Threatened Martial Law To Pass Bailout - [Senator James Inhofe has revealed that Henry Paulson was behind the threats of martial law and a new great depression prior to the passage of the bailout bill. Paulson is an Absolute CRIMINAL traitor!!!]
- [Kucinich: "Anyone could call themselves a bank and get TARP [bailout money."]]
- [Those crony, private-jet flyin' Big 3 CEO's: GMAC files to become a bank, eligible for government aid. ]
- [Financial institutions receive $700B with no transparency, but auto industry (aka thousands of jobs) needs to provide detailed plan to receive a "measley" $25B. Okaaaaay.... ] -- makes sense when the global bankers are your masters and Congress is their puppet, hypocrites, and above all traitors to the US and the Constitution.
- Pelosi actually says something intelligent [Nancy Pelosi: “Until we can see a plan where the auto industry is held accountable ... until they show us [a plan, we cannot show them the money." Sounds reasonable to me.]] -- even though she [knew about Bush water boarding torture since 2002] [or not], not bringing up impeachment, and therefore is a traitor on these two points alone. But perhaps she is seeking redemption before God for her sins. Her track record does not indicate much hope that she will actually follow through with the business plan request.
- The corporate news and financial propaganda media are talking about deflation, but the only thing going down in price are home values and oil, the price of everything else is actually increasing. And they include oil in the CPI when oil is going down, but don't include it when the speculators were driving it up, how convenient. So the next time you hear about 'deflation', translate that to the price of 'oil' is going down. [Fusion IQ's Barry Ritholtz, puts it amusingly: "If you take everything out of the CPI basket that's going up in price, sure, you have no inflation!" ... Like if you take away insurgent fighting and the large U.S. military presence, there's no war in Iraq]
- The two false choices --- free market capitalism is about several competitors, the oligarchs oppose this
- And so we get false choices
- Keysian or Miltonian -- both use fractional reserve monetary policy as a cornerstone of their policy, both are about spending to encourage debt and inflation through the expanding of the money supply, Keysian's focuses on infrastructure and more of the democratic fiscal policy, Miltonian talks about laissez-faire government or deregulation that allows the creation of exotic instruments and the like not based on collateral, merely insurance (that uses bailouts when problems arise). Instead of having a sound money currency backed by value (gold, silver) as in [Austrian School] that inflation is always and everywhere simply an increase in the money supply. Yet the globalists don't care which is in play as long as they issue the currency and interest while playing both against each other while the globalists twist Misesian Economics e.g. its [empiricist-positivistic doctrine so they can implement a social relativism (or engineering)] according to their own cult-like religion.
- Republican vs. Democrat
- credit rating agencies -- Standard & Poor's vs. Moody's Investment Services
- Thomas Friedman in 1996 commented on (Moody's) credit rating agencies -- " There are two superpowers in the world today in my opinion. There's the United States and there's Moody's Bond Rating Service. The United States can destroy you by dropping bombs, and Moody's can destroy you by downgrading your bonds. And believe me, it's not clear sometimes who's more powerful. (From Feb. 13, 1996 interview with Jim Lehrer.) "
- The two false choices --- free market capitalism is about several competitors, the oligarchs oppose this
- [CAUGHT - the WTC7 of the Paulson Bailout] -- Paulson, Paulson, Paulson, got ya. The well-capitalized National City Bank denied because Paulson said so that it would be overtaken as a gift by Paulson to his cronies. Since the bailout was forced upon the market, it was used to create the inequality that a well-capitalized bank could be overtaken. Criminals!
- The engineered bailout, the Bailout Bill not passing on Monday 9-29-08 was intentional to give the appearance Congress actually does something.
About the vote in Congress on the Bush Banker Bailout, or Bush-Paulson/Bernanke Bailout (or [Emergency Economic Stabilization Act of 2008] that created the TARP $700 billion funds ([Troubled Assets Relief Program]) :: is the product of a Coup d'état of America fueled by the corporate propaganda media by the globalist, bankers, and social engineers
- [Max Keiser: Paulson and the Bankers “Financial Terrorists” ], [not obeying the spirit of the Constitution, they are "financial terrorists"] -- issues bond that are non-collateralized --- Paulson, Bernanke, Bush's global counterfeiting scheme is faltering. They are criminals and traitors to America and the Constitution! http://www.maxkeiser.com/
- J.P. Morgan, was the weak stock and killed the client that it owed, it assassinated Bear Stearns.
- Bailout news: [11-18-08 ] -- [G20: 11-15-08] -- [10-07-08]
- [Cox Testimony, Bear Stearns Capital Cushion $17 billion in cash Is A regulatory standards Mistake, the leverage rules changed]
- [Bear Stearns Under the Microscope] -- we've heard that before, the corrupt Congress & Fed [gave a $29 billion taxpayer bailout] then, it didn't look too hard at this, so they pushed further
- The chairman of the Federal Reserve thinks the Fed's $29 billion loan to facilitate the fire sale of Bear Stearns isn't at risk because the collateral backing it has a high credit rating. When you control the credit agencies that is apparent why he's not concerned.
- [Federal Banker Cartel chairman for much of the economic engineering. Alan Greenspan's gloating use of "fedspeak"]
- all who could (3 of the 4) two party dictatorship/ false left-right paradigm candidates (McCain, Obama, Biden) voted YES for the bailout looting soldifying their allegiance to their globalist/bankers commanders/puppeteers
- ["Looking at the size of the credit default swap market ($62 trillion), and the world-wide derivatives market ($1,300 trillion), I very much doubt that $700b would make any difference at all." -Analyst ]
- [Dennis Kucinich "Racketeering On A Scale This Country Has Never Seen Before!!!" ] -- at this point I don't care what party you are, as long as you DEFEND the public and the Constitution like Kucinich has
- [Over the counter, under the radar] - given these exotic financial instruments are nothing more than gambling (with insurance that no real collateral is actually put up (the taxpayer will pay through the insurance company AIG)) this type of gambling should be illegal (and actually was until it was repealed, hmm what was that law?)
- [Federal Bankster Cartel engineering the destruction of the dollar]
- [President John F. Kennedy vs The Privately Owned Federal Reserve Banker Cartel - EO #11110] --- and was assassinated by the cartel and war profiting minions for challenging the globalists and their fractional reserve looting engine
- [Toxic Anger. Dr. Ron Paul Has the Cure, But Will Anyone Listen?] - [Toxic Anger 2: Getting Angrier and Ron Paul’s Cures] -- [A New World Financial Order] -- And one of control of the population too, money (power) controls, silly libertarians.
- [Who Got Bailout Money So Far?] -- [The Incredible Bendable Bailout]
- [Corporate farm tax subsidies cost more than $5 billion per year while net farm income is also projected to reach a new high in 2008 of $92.3 billion, 51 % above the 10-year average]
- [Hartford Financial Services Spends $10 Million to Qualify for $3.4 Billion Taxpayer Bailout!] - [Hartford Financial Spends $10 Million to Get $1.1 Billion] - only a 100 times (not 100% (this would only double)), so $30,000 would be $3,000,000 (three million) in poor people terms and the .1 billion is probably administrative fees, only $100,000,000 (one hundred million)
- [US visa waiver scheme to go electronic] -- [Similar to southern border, terrorism gates are being opened again like before 9/11 Visa Express]
- [Statistics prove prescription drugs are 16,400% more deadly than terrorists] - But the military industrial complex and bankers interest profiting won't profit from banning prescription drugs]]
- [Wall Street's Bailout is a Trillion-Dollar Crime Scene -- Why Aren't the Dems Doing Something About It? Because their guilty as we are now allowed to acknowledge this since the neo-feudal lord / deity / demagogue Obama has decreed on 60 minutes 11-16-08]
- [The people who don't think for themselves have been ignoring the fact that there was an existing bailout powers already in place, Bankruptcy] IS a Bailout ([Chapter 11]) -- [oh, just that thing for business, including corporations, partnerships, and sole proprietorship, that allows them to remain in business while avoiding liquidation]
- [The Solution : Financial disarmament (coined by John Maynard Keynes in the 1940s) - Ending Wall Street control of monetary policy, freezing speculative trade, and dismantling the hedge funds] arrest globalists, trial for treason as fair as Saddam or Nuremberg was
- [U.S. Cities Seek Bailout, First They Have to ask Paulson ] [Phoenix, Philadelphia, Atlanta Mayors Want Share of the Bailout], [San Jose mayor seeks slice of bailout pie], [Schwarzenegger requests some federal government welfare for California]
- [The Fed cartel has grown its balance sheet from $884 billion to $2.055 trillion in the space of two months]
- [Remember folks : "The federal government does not have any money. It does not make anything. It does not produce any money. All the money it gets it takes from you" ]
- [JP Morgan, CTFC , and Treasury Department implicated in silver & gold price manipulation. ]
- [Document Outlining IMF Economic Dictatorship Uncovered/Leaked]
- [Three Trillion Dollar War: The True Cost of the Iraq Conflict ] - so the amount the Pentagon lost on 9-10 and the lost 2 trillion a BIG number, lots of wealth plundered people.
- [Justice Department "Finally" Figures Out that We're Being Robbed Because Thieves Can Hide Money In Swiss Banks: Time to Look For Those Missing AIG and everyone who has moved large amounts from the US to Swiss foreign banks in the year of 2008 before the crash and investigate]
- ["And the folks at Morgan Stanley? They're planning to pay themselves $10.7 billion this year, much of it in bonuses — almost exactly the amount they are receiving in the first phase of the bailout."]
- [Hard times? What hard times? Goldman Sachs has set aside $6.8 billion for bonuses, and Morgan Stanley, $6.4 billion.]
- [Paulson now says that $700bn rescue program will NOT be used to purchase troubled assets, even though that's what he told Congress they would do when lobbying for the bailout. Why should we believe his new 'fad' is any better?? ]
- [What will it take to overthrow the unelected treasury secretary Henry Paulson?]
- [Henry Paulson Pulls a Bait and Switch - Won’t Apologize for Lying to Congress]
- [The Federal Reserve is Engineering the Economic Collapse] -- uploaded August 2008, very telling of September engineered crash of 2008 and subsequent October and months looting.
- [PNAC Is Back] -- Neo-cons are the cancer of the US.
- [TARP no longer focused on troubled mortgage assets and has switched to propping up the consumer lending market. We are now bailing out bad credit card debt, car and student loans.] -- The lie Congress was told about the sub-prime mortgages was never the intention as this clearly shows their criminal actions, since the globalist elite with the puppet Bush administration nod has taxed the poor as much as possible, the bailout inflation tax is now imposed to tax future generations as well and give it to these traitors.
- [Who cares about American Express? Let them fail! ] -- there are plenty of competitors to the credit card industry, hardly falls in the category of their lie of 'essential' too big to fail the way free market requires, as its competitors who are better run companies (Discover, Visa, etc) would pick up those customers, actually strengthening markets. This is a smoking gun of the bankster bailout, (the building 7 if you will of the looting), clearly apparent that its to loot the taxpayer and be a gift to the Goldman Sachs network.
- [Forget false left-right, Red vs. Blue, or any other false two choice paradigm (two sides of the same coin) -- It's the Educated/awake/aware vs. People Easily Fooled by Propaganda]
- [Paulson redefines bailout.. Says " We need...blah....blah....blahbetty blah". Criminal. ] - so the reason why Congress passed the bailout was never the reason, the 'King' is doing what he wants, looting the people, [enjoy]
- [Instead of buying existing toxic debt, Paulson now plans to use $700 billion to create *more* toxic debt] - all belong in jail
- [Forbes: "Fighting the financial crisis has put the U.S. on the hook for some $5 trillion a report says. So far."] - criminals
- [1933: The Business Plot - a Fascist coup attempt by bankers, businesses and Prescott Bush] - as revealed by testimony under oath in a Congressional hearing by the most decorated marine at the time of his death, [Smedley Darlington Butler]
- [Smedley Butler: War is a racket. It always has been. It is possibly the oldest, easily the most profitable, surely the most vicious.]
- [We Need the 28th Amendment to the Constitution: Separation of Corporation and State] - ABSOLUTELY, where do I sign up for this!!!
- [The book "Liar's Poker" was supposed to be an expose of Wall Street.. Instead, students of high finance read it as a glorious how-to manual]
- [35 Yr Old Head of $700 Billion Bailout - Now In Hiding ] (perhaps he'll ignore it like the Subpoenas by [Rove], [Miers]
- It seems that the reason why the Constitution is constantly under attack is that people do not communicate how the Constitution does what it does, sure everyone understands the what or why 'core purpose' (for Constitutional rights), but glance over the how or 'core way/manner' it grant/gives you these rights, it does not grant you rights (at least not directly), instead it restricts the government from taking away their God-given rights that are natural/innate/intrinsic/built-in/organic. So the next time you hear someone talk about their 'Constitution right' it should really be said their 'Constitution restriction on government' on their God-given or natural rights, influenced from writers/philosophers like [John Locke] especially in his [Right of Revolution] or [Rousseau's] ideas that government by and for the people (direct democracy) and [American (Popular) sovereignty]. --- Since we have a rogue / shadow government that thinks it's infallible and above the Constitution enabled by compartmentalized 'good' government workers, it thinks that no restriction should be on government, therefore the Constitution does not apply to it, and if it violated the Constitution what is its penalty for this treason? Jail? Seems during and after 9/11 -- Promotion and Looting.
The oldest trick in the book, print money (inflate), cut it off (stagflate), buy up everything (pass laws against the American public interest).
[TARP Almost Gone, Companies Fighting For Crumbs] -- part 2 of Bush Paulson Bernanke Goldman Sachs Bailout #1 propaganda will start to accelerate voting for it before Obama's Jan 20, though Obama will have its fair share of (looting the taxpayer for corporate interests) voting for Bailouts #2,3,4 or [Our $3 Trillion Bailout] and counting
Global Control - via the puppets and 'corporate media' propaganda distractions
->Gatekeepers (gets left on board the global agenda) - see global warming or cooling
What is the difference between the global elite running the US or writing their own rules? not much
Why exotic financial instruments (like credit default swaps and derivatives are not BANNED), allowed rules to gamble whether something will fail or succeed? Because they write the rules. And if anyone questions it, simply say its too complicated for you too understand therefore DON'T QUESTION IT. These financial instruments are intentionally made complicated (not transparent, opaque) so you don't question it.
->Financial propaganda... keep pushing to change the accounting rules from mark-to-market and to a crooked mark-to-model, companies like Fannie Mae were leveraged [70:1][1][2] (even higher than 12:1, or the crooked 40:1). Buy hey, if you write the rules via your lobbyists and Goldman Sachs insiders (government by and for the corporation), that would be the corporate component of fascism. (The grassroots fervor support for their leaders who enable this (bailouts), its another fascist component).
- [Tax rules changed in the bailout, oops, illegal, so what, that's why they wrote it] -- send the corporate financial media to say that deals being made (and as fast as possible) will be compromised that will affect the economy (even though their effects won't be for years), the public buys this excuse readily. Afterall, the sucker Congress bought it with the signing of the trillion dollar bailout. or [Section 382 of the tax code destroyed by Paulson/Bush bailout (a tax loophole (on top of the looting)) -- Rachel Maddow: "THEY ARE STEALING OUR MONEY" ... $140,000,000,000.00 and no one really seemed to notice it. Illegal? Yes. Will it be stopped? Not likely.]
- [Another 2 trillion in 'emergency funds' won't be disclosed by criminal bankster cartel Federal Reserve] -- [the Fed has been giving out secret loans to unidentified companies, which it refuses to identify]
- [AmEx becomes bank to get TARP funding] - Want taxpayer funding? Label yourself as a bank. or [American Express won Federal Reserve approval to convert to a commercial bank] or [Fed to AmEx: I'm afraid you can't get access to the $700bn unless you are a bank...er, please hold the line...congratulations, you are now a bank]
- [Goldman Sachs pays CEO Lloyd Blankfein a $67.9 million BONUS in 2007. Less than a year later, Goldman's stock is down 47% and it needs a $10 billion bailout to stay afloat. Nice work, Lloyd!]
- [The Bretton Woods System] -- if only we listen to wisdom -- [Ron Paul talking about economic manipulation] -- by the World Bank, exactly what the globalists have done, once the rules of nationalization (taxpayers footing the bill) were in place after Bear Stearns take-over by JP Morgan, thes allowing Lehman brothers to fail as the catalyst for fear so that then loot the taxpayer to be taken through the bailout using fear and credit default swap derivatives as their thermate implosion incendiary to the engineered implosion of the economy and world looting to buy real assets
- [Bush Warns of Vulnerability in a Transition ] -- Translation, prepare for a false flag attack and blame it on the transition. The whole military, al-CIA-da, NSA (to Nationally Spy on Americans) and other agencies are not in a transition, have clear SOP - Standard Operating Procedures (like intercepting planes that deviate off course well before 911), and the only way an event like 9/11 false flag attack will happen during this transition is if they engineer it.
- [The $33 trillion OUTSTANDING credit default swap black hole that is about to swallow our world's economy.] - from the engineered deliberate implosion of the dollar to loot the wealth of the world, bring about their global currency and the elite global control of the world through a puppet card-board cut-outs of global government.
- [Boiled Down: Credit Bubble - "in 2000 Henry Paulson, then the head of Goldman Sachs, asked the SEC to lift those limits and was told "no" ] -- so the Bush crime syndicate chose him as the Secretary of the Treasury and got his wish by their globalist control.
- [Supermarkets to be asked to take people's fingerprints for ID Card scheme. ] - as if their scanned card at the checkout counter wasn't enough
The discussion between Rivero and Tarpley was an interesting one on AJ 11-4-08 that the corporate media and gatekeeper media will never discuss, therefore censoring thought and the REAL issues. Both had good points, and a further look in the section at analysis of Alex Jones informal debates / discussions on real issues. Lew Rockwell said it well when he said that the corporate media only discusses issues that are permissible because there is a line of censoring of thought that [When Discussions cross into "Conspiracy Theory" and becomes "Forbidden" to Exile the Inquisitor]. Issues such as:
- Monetary policy (including the Constitution duty to create a currency backed by value (gold and silver (or another tangible and valuable asset-backed if those run out (something other than just faith of 'fiat currency')) and of course the federal reserve being the parasite on the producing economy
- given if a monetary policy would be well-regulated as an example, a genuine discussion and debate of each war spending appropriation would have been done, instead of turning on the devaluing currency printing press and borrowing more money
- No discussion about the empire, or [Imperialism] under the guise of globalization. Where is there talk about [Protectionism] with a US free market capitalism or global markets with protection of the American worker? Protectionism, is another censored word.
- People have simply accepted what America is, free-speech zones, Constitution-free zones, the military / trained soldiers to kill performing law enforcement activities done by police officers i.e. public servants violation of the Posse Comitatus Act, and the like.
- Now that a large population of America is identifying with a president based on how much melanin may or may not have, are we talking about issues?, perhaps against McCain versus the other democratic primary candidates Obama had the best chance, given his melanin (the new factor), given his skill, his ability to be tough and war-monger, the 'CHANGE' factor (war, Bush, etc) (yet same as Bush on the vote for FISA (illegal spying in violation of the 4th amendment of the Constitution for retroactive telecom immunity) and the Bailout looting gift to Banksters), the change so far is simply the appearance of it thus far, as the facts show (yes he's not president yet, but he's still a senator, that's right Congress is useless to NORTHCOM/COG). At least it will remove the excuse to certain population segments of why they're apathetic about improving government. Even though laws are introduced in the house and senate, and the president is the executor of Congress and the Constitution. Seems some think the president position will solve all the government's problems. Whatever happened to 'ask what you can do for your country'.
- Ask why are there so little jobs? Is it because the border has been left wide open? Since when has America been the U.S. of America & Mexico for the benefit of NAFTA, NAU, and the [Trans-Texas Corridor]
- Any discussion about military might to pressure foreign policy and why there is a fervor to globalize i.e. gain world resources?
- As far as Obama ending the war in Iraq, it has been basically over for a while, both Obama and McCain are redeploying to Afghanistan, what change.
- Voting fraud machines can be argued that they are most destructive at the local level where 'landslide' victories can be covered up because that is where real change starts. What better way to slow real change than by stopping it in the first place?
- The latest corporate media propaganda is emphasize that al-CIA-da briefing will be given to Obama, make their point that this government news (and drug smuggling) agency knows better than the public domain (which might be true given their police state billions budget and lawless, above the Constitution / rogue ) and this parasitic agency that was somehow so useless on 9/11 is vital (to torture it seems), instead of self-reliant, free-thinking, and informed citizens.
- Watched the torture channel faux (prison break 11-3-08) and they had a vivid description of torturing someone as a justification of someone's son being killed. Very gruesome, basically long thick needles where shoved length wise of each finger, then electric shock was used to stimulate the brain to experience more pain (the murderer of the torturers son) just so happen to be a man of color (coincidence stirring racial tendencies faux?). Being a 9pm est time slot this was very demonic, on top of that they had two water-drownings in the show. Bottom line to numb the public to torture, drownings (the waterboarding that's been done), etc, basically 'public programming'. Very sick show for the channel with 'values' faux.
- [Pentagon spends $442m on 'multiple kill' space interceptors] - polluting space for militarism
- [Mercenary Firm Offers to “Detain Troublemakers” on Election Day ]
- [U.S. Air Force Censors Blogs]
- [Gun Sales Climb As Owners Fear Obama's Stance On Control]
- [U.S. Pays $1.2 Billion per day in National Debt Interest]
- [International Monetary Fund calls for a new, global reserve currency to help solve current crisis. (video)]
- [Naomi Wolf and Lew Rockwell discuss how Progressives and Libertarians can work together to fight growing Fascism]
- [Naomi Klein: The Bush gang's parting gift: a final, frantic looting of public wealth]
- [Before: Borrower has $500,000 mortgage, Lender has $500,000 note. After Bailout: Borrower has $500,000 mortgage, government has $500,000 note, bank has $500,000]
- 10-30 -- [AIG borrows another $20 Billion Dollars!!!], 11-10 [The Fed Creates $27 Billion More Out Of Thin Air For AIG] - [Another AIG Resort "Junket": Top Execs Caught on Tape] - [AIG spends $343,000 for Arizona retreat as thousands lose their jobs]- but corporate propaganda media only concerned about thousands of AIG's trips and not its billions of looting -- [AIG is a bailout fund.]
- [Banks to Continue Paying Dividends...But didn't the government said it was giving banks more money so they could make more loans?]
- [U.S. banks getting more than $163 billion from the Treasury Department for new lending are on pace to pay more than half of that sum to their shareholders, with government permission]
- [Wall Street execs feel they earned bonuses this year]
- [Peter Schiff: "The credit crisis is real and it can't be solved by the government printing money."]
- [What a shocker. People don't want loan modifications when they lied and committed fraud on their mortgages. Like inviting a former inmate to a 10 year prison anniversary party.]
- [[http://www.lewrockwell.com/rothbard/rothbard33.html
Maybe we'd be more alarmed about this "socialism of the rich" if we called it by its proper name: Fascism
- [Meltdown 101: Electronic cash flows to 9 big banks] - temporary steroid of the market (dead cat bounce) that [hyperinflation will paddle the taxpayer (Bush torture like in Gitmo, Abu Ghraib, etc.)]
- [Bailout money will boost Wallstreet bonuses by 30%]
- [3 trillion+ taxpayer bailout] -- [Banker cartel buying commercial paper like no tomorrow] -- as if their trying to destroy the value of the dollar (and doing a good job of it) (though it rose a bit because they've destroyed world currencies bringing them down, making the dollar LOOK like it rose, and the world jumping into the dollar as the steroid of the TARP funds kicked in 10-28, yet no real economy growth, i.e. manipulated gains)
- All [paper gain, and paper loses], but thanks for real Bailout $700 Billion to $10 Trillion taxpayer wealth.
- [Iron Mountain north of Pittsburgh, PA Secured Government Facility holds Flight 93 evidence]
- [US special forces launch rare attack inside Syria] -- but the US respects the sovereignty of nations, that's why Bush outsourced the capture of the late OBL to Afgan warlords or why the ghost of OBL won't be followed into Pakistan to respect its national sovereignty as well, that's right, we only use the 'sovereignty' card as a plausible justification disinfo
- ["McCain Guarantees Victory" on NBC's Meet the Press - Oct 26, 2008, he either really high, delusional, or the CIA is coordinating something, this type of talk was not reassuring, but just plain disturbing to the engineering of American 'democracy']
- [What the Not-So-Invisible Hand: How the plunge protection team has and is killing the free market] -- not only that, they banned short selling so they can loot the market in pieces, first the real economy, then the unprotected banks (like the mafia, a bank needs Goldman Sacks protection (just federal reserve bank cartel's really)) were shorted after (as you can't short everyone at once). So left half the market to be looted at a time.
- [Why are oil (and gasoline) prices so low] market manipulation and artificial supply demand, translate there is an election and since Americans have a VERY short term memory (basically American Amnesia/brain damage from lead/fluoride/drugs), you will forget how oil companies have looted you at the pump. Another reason its low, so foreign money has no where to hide while being looted, not in gold (even though gold basically doubled immediately after 911) or oil (even though the heating season is beginning (and with global cooling the demand is ever higher)).
- [Check out the last two times gas plunged to around $2.00 a gallon - right before the 2000 Presidentia election, and then right before the 2004 Presidential election. Oh, and right now, the 2008 election] - just the usual manipulation of gas/oil prices so the oil company owners to duck some attention by the given puppeteer parties
- Why are they engineering stagflation then hyperinflation? To engineer the bank cartel consolidation (and loot foreign accounts out of US market by redemption selling at 'rock' (not stock) market firesale prices). Create a national US bank under the control of the federal reserve, granted by the Bush admin, and its military arm. Time is up for the consolidations. Now that the TARP was turned on (right before the election 10-28-08), the hyperinflation is now beginning.
- Need for banks to merge, Goldman Sachs and Citi Group (by JP Morgan perhaps (and all need to get stronger other than JPM))? both going to acquire, consolidate, and a 'wave a mergers' because they are no longer content on mortgage profits. -- Charlie Gasparino cnbc financial propaganda channel 10-26-08 -- Goldman Sachs made their profits by shorting/put contracts the sub-prime business market, what a guess by the insider Bush admin Paulson firm, yet the subprime took Greenspan, Paulson, and Bernanke by surprise, what BS. - [JP Morgan: Of Course We Won't Use Bailout Money To Make Loans] or [Banks Using $700 Billion Bailout To Buy Other Banks, Not Make More Loans] -- [[U.S, markets tumble, International markets tumble, global economy worsens. [Once more, thanks again for the blank checks, No Child Left Behind suckers! Good luck with your job search, your 401k, and life as you know it!] - oh by the way, pay off your credit propaganda (banks need your deposits for strength) (receive a bailout from the government or take the example of the government allowing Lehman brothers to file for bankruptcy (fail) and file for bankruptcy (btw, financial propaganda #9 name it allowed to fail instead of file for bankruptcy because then taxpayers may also file for bankruptcy (do what they did/engineered)).
- [Ron Paul says former Fed Chairman Greenspan is “pretending” he didn’t see the economic crisis coming] - i.e. Lying or guilty of committing perjury to Congress about this
- [National City Execs Get $40 Million Golden Parachutes, Thousands of Ohioans Facing Layoffs]
- [Bernanke admits Federal Reserve caused 1929 crash engineering] -- [Greenspan recants 2008 crash engineering] - [admits fault] calls it a [flaw] but the [lies]. The parasitic bank cartel federal reserve going down, real patriots, real Americans speak out and deserve our unending thanks::: [Kucinich], [Ron Paul], [Jim Rogers] - [Forbes blames the federal reserve] - [Peter Schiff : U.S. Government Fascist]-- [Ron Paul slams Greenspan]
- [22 more to be given funds by the TARP - PNC bank takes over NCC, the consolidation continues, merely the stigma of receiving TARP funds drives their prices down, then the international bankers buy them, so the TARP is an economic double-edge sword, dull on the side to help (perception/deception of help), yet razor sharp on the determent of a bank by the mention of receiving its funds marks them for consolidation or just a hand out for Goldman Sachs network cronies that run these banks?] - why else would they continue to say their strong banks. If they're strong banks, they don't need TARP funds and would raise private capital or let the 'free market' work. Oh you say, NO BAILOUT was the best solution??? Instead they should have given that money to the public under the condition that they directly deposit the money and can't withdraw until the 'economic crisis' is over (socialism you say the giving of our money to ourselves (thus devaluing the currency either way), but giving to the banks taxpayer directly is better, what a joke). - to give the appearance of care, the [ruthless/reckless/retarded releasing of news will be controlled by the tarp dictator because the market reacts] - during their looting and [world plundering]. Though the problem is not that these banks are too small, but that they are [hoarding cash as the world economy] is engineered to crash, they will buy all the assets.
- Goal to implode the world markets and loot the world by the global elite. Once carbon tax is in place, and control of worlds resources by the international bankers (by trading their real resources for paper fiat currency), then price may rise to profit themselves and switch to alternative fuels but in the meantime, oil is going to $50 to bankrupt all economies dependent on it, then the international bankers will move in and buy everything or extort them out of their resources (a large scale economic hitman), yet taking a step back and asking why was oil so expensive? Of course the derivatives by 'speculators' drove the price of oil way up (those made plans based on the high price), then it was intentionally crashed all under the propaganda of simply sub-prime mortgage. Engineered to the letter.
- The propaganda channel (faux (BOYCOTT its viewing ALWAYS! [e.g. of its lies on BGH]), interrupting, yelling, hate-filled, evil-satanic, pushing-agendas, then smearing in your face the term 'fair and balanced' as if people won't notice their 'repeated lie tactic', this hate-filled, is not what America is about (unless it is about divisive news fronts for agenda pushing propaganda and class warefare) - [has Ron Paul telling it like it is without their interruption techniques - excerpt - if you SAVE you get penalized - first you get taxed on the interest earned, then you lose value of your purchasing power because we are deliberately destroying the value of the dollar] ---- ok without the cheap and dirty suit of faux, here is [Ron Paul - On the End of Capitalism?] - [restoration of market confidence]
- [INN interviews Nomi Prin and her analysis on the Paulson $700 Billion Bailout Plan renamed the TARP and what credit default swaps and derivatives are]
- [The Problem Was Never Liquidity, But Insolvency ... And We Should Let Insolvent Banks Fail]
- [Ron Paul: Government Bailouts Herald New Era of Tax Payer Slavery]
- [The Big Squeeze: Steven Greenhouse on Tough Times for the American Worker] - through social engineered collapses of the global elite bankers and corrupt government leaders, its a war on the American people, this article therefore is more important than ever
Sept. 15, 2008 - the 4-5 weeks thereafter --- International banker global control, feudalistic local control --- planet of serfs
- Via the engineered economic shock, Financial 9/11 as its been called, the Crash of 2008 - Without vote by Congress, with no debate by the American people, the international bankers have engineered an exaggerated world collapse (they cause the problem, they offer the solution) for a forced global currency to be managed by 3 sections of the world (each having its own brand of the global currency ((amero, euro, asian currency)) of which the land is being divided into North American Union, European Union, and Eurasia, through the Crash of 2008 under the rouse and exaggerated event of CDO and derivatives (the blame of the sub-prime lending) under the threat of martial law. From September 15, 2008 to start their new banker economy on October 20, 2008 during 5 business weeks of the artificial panic and phony fear of a great depression to force their globalization banker rules under the blessing of the Bush administration and the military in conjunction and controlled by the international bankers. It went from the lies of buying the subprime toxic debt to giving (injecting) capital directly to the 'fortress 4 banks' (Bank of America, JPMorgan Chase, US Bankcorp, and Wells Fargo) with Citigroup? and Goldman Sachs of course), both GS and Morgan Stanley have been converted to banks. Yet, the economies of the world including the US will continue to be looted.
- The booked-cooked recession and actual depression is needed to keep the population too busy to find out what is going on. Exactly why the dictator president did not implement infrastructure and employment programs to make the economy grow. Why the manufacturing economy was intentionally destroyed via the powers of the [WTO] to succumb to tyranny and social engineering. Exactly why job creation is not implemented as quickly (or at all) as the Bush Banker looting Act or mobilizing troops into Iraq and Afghanistan.
- America and its sovereignty has been seized. Bush has proven to be the Hitlarian fascist dictator he is and America is under [Fascism] while the propaganda mass media keeps the facade of democracy and the facade of free market capitalism.
- What a nation whose leaders, banker looters, and enablers are traitors!
- [Neocon group with strong political ties wants "domestic spy agency"] - [SEIG HEIL!]
- [Good article that looks at the mechanism of global control] through the trigger of the Bailout is to use a provision in the act that says if Paulson/Kashkari/Bernanke feel that 'if troubled assets have an impact on market stability' then they can buy these 'troubled assets' (stock shares in companies) (not the subprime mortgages derivatives as the sheep think) (sound familiar? to the mandate of the federal reserve (its purpose to maintain price stability (CPI) (and robbing through interest/funding both sides of wars)) There is no provision to loan, but simply to hoard cash that they will use to buy all the real assets of the economy and consolidate by buying other (unprotected TARP) banks. Yet the 'troubled asset' excuse is being used to purchase healthy shares of healthy banks, and Paulson is scamming by saying it reduces the 'stigma of the program' Bailout. Basically, "Paulson is buying healthy shares of healthy banks that do not wish to have the government come in and purchase them," he says. Paulson's plan B is "causing further confusion in the market."]] -- Paulson is looting wealth from the American taxpayer and 'redistributing the wealth' to his chosen international banks.]] Another crisis, they win, profit, and control (as money is power). American's lose, are looted, and are slaves. [Note that there are Republicans and Democrats] against the Banker looting Bailout, just not the one's who the bankers have appointed for president by the federal reserve and their minions. When all the money is stolen from this engineered problem, solution, the economy will be just as weak as no real job creation programs were used by these funds and hyperinflation will run wild even more than the 100% inflation just in the last 8 years inflated currency value, and 98% overall loss of original currency value since the creation of the US banker cartel, the bank of US, federal reserve.
- [Fed Res banking cartel to Lend Up to $540B to Help Money Market Mutual Funds] - printing press turned on again (as if they've stopped) to JP Morgan Chase and its affiliates
- [INFORMED CITIZENS are the frontlines against these global criminals, those who have the ability (will and know), have the responsibility Political engineering is distributing the contracts and subcontracts to build a given weapons system to as many states, as many congressional districts as possible, not to make it as efficient as possible, but rather, to put it in as many districts as possible, so that if this thing ever comes up for review in Congress or Committee, it won't be denied. Only what Eisenhower called an alert and knowledgeable citizenry, basically all of us being deeply engaged, can and will slow or stop it]
- [Ex-Asst. Treasury Sec. Paul Craig Roberts on Wall St. Bailout: Deregulation Sired Fascism in America]
- [On May 23, 1933, Congressman, Louis T. McFadden, brought formal charges against the Board of Governors of the Federal Reserve Bank system...]
- [Why White Collar Criminals Do Not Fear Today's FBI] or [F.B.I. Struggles to Handle Financial Fraud Cases] and [FBI resources limited for economic probes: report] - ah, just the way the Bush admin and fascist republicans like it - wealth disparity affects more than the poor and middle class, but the integrity of a society that honest work pay scale is no longer appealing because public work has not kept up with industry pay and their disdain to pay taxes for these vital services. That is exactly why the ability of the rich to influence the public debate about taxes should be minimal, because they profit from a corrupt, underfunded public government to enforce and maintain integrity.
- If raising taxes for the rich and cutting taxes for the poor/middle class is "redistribution of wealth", then the last 8 years of cutting taxes for the rich and raising taxes for the poor/middle class should also be considered "redistribution of wealth." The $700 Billion Bailout was also socialism for Wallstreet (again, the rich) via fascist means for Marxist looting for the corporations. Yte, [Bailout beneficiaries are also masters of dodging their fair share of taxes] and let's not forget, [Study says most corporations pay no U.S. income taxes] or here [Nearly two-thirds of U.S. companies and 68% of foreign corporations do not pay federal income taxes] and anyway they get around paying tax e.g. [U.S. banking giant switches billions in debt to Britain to avoid paying corporation tax for 50 years]. Yet this is why Ron Paul wants to abolish federal income tax for the individual taxpayer (corporation tax should be the funds that support the military and federal government). How twisted this is. The American taxpayer pays the obligation that corporations are supposed to be paying.
- The Bush/McCain republican party about starting wars, yet not paying for them by lowering taxes and Bailout socialism for the rich. Raise taxes on the poor (through inflation, taxing health care, etc.). Of course its class warfare, how else can you justify a 300,000-100,000 times more compensation than a middle class worker pay per year?
- [Gifts to Pet Charities (Bribery) Keep Lawmakers Happy (to sway/pay-off their votes / investigations)]
- [Spending Surge Pushing Deficit Toward $1 Trillion -- so 3/4 (6 of 8 years) Neocon warmonger Republican (and wolf-in-sheep clothing minority war enabler Democrats) Congress + 100% Neocon Republican Traitor President], yet with under the [Blue bought and paid for Banker party, economy does a bit better] - The American citizen would prosper without the parasite of the banker cartel that Ron Paul, Kucinich, McKinney, Nadar, and other 3rd party candidates fought for and lost by the banker endorsed (blessed) candidates. One more thing, what real change had the intelligence community who 'supposedly' got the WMD lies of Iraq wrong undergone? More funding, yea, that will teach them. More transparency? NSA wiretapping Americans, yet they should be the ones wiretapped and looked after. Throw in homegrown torture done on American soil or proxy-sheep-bribed foreign soil and you have a plausible justification disinfo on who to blame for going into Iraq and allowing 9/11 to happen. Actual accountability, nope.
- [Banks borrow record $437.5 billion per day from Fed] - yet their is a 'supposed' credit crunch, just another lie, and the only thing the financial propaganda media can say is that small businesses can't meet payroll or buy equipment (what 50 billion per day), yet these banks can borrow from the federal reserve half a trillion per day, and don't lend it. If its true it is all about the credit market, those affected on 'mainstreet' should be allowed to borrow directly from the federal reserve and bypass these 'cash wHoarding' banks that are (buying all real assets) and destroying America. Oh that's right, they write the laws to benefit them.
- [Expect Home Prices to Bottom by 2011. After a 43.5% drop. Amazing Chart.] -- Factor that the average home price is always a multiple of the average income of American's (whose salaries have dropped and are flat for the last several decades, and even less with inflation), [yet still a wealth disparity that HAS looted AMERICA] And let's not forget, [For the first time in the nation’s history, workers retiring from the labor force are better educated than the ones coming in.]
- [The End of Bailout Transparency Already?]
- [10% of $700 billion bailout to cover Wall Street banker pay and bonuses (ONLY 70 $BILLION, that would end homelessness, be universal health care for every child, renewable energy, education, etc)] or [70 billion dollars of bonuses for Wall Street: Your Bailout Dollars at Work ]
- [Dr. Paul Craig Roberts on the collapse of the dollar]
- [INN and Joseph J. DioGuardi on the government double standard and fraudulent federal accounting basis illegally yet still in use today]
- [For the last time, JAPAN, not CHINA, holds the most U.S. debt]
- [Ron Paul:The Treasury bailout will only exacerbate red ink and inflation]
- [Inflation soars to 16-year high] -- and that's just the beginning of [INFLATION] through the absurd printing of the money supply by the international banking cartel
- [It was Goldman CEO Hank Paulson who gave birth to the toxic mortgage securities and swaps that caused this crisis. Those who created the problem are now offering the solution while they and their minions profit along the way (by being all cash and foreign currencies before the crash (or shorting) and now profiting from being bailout welfare recipients]
- [Lehman Brothers approved $100 million executive payout days before declaring bankruptcy] that a way to loot it -- [Lehman folds with record $613 billion debt] - packed with debt, its crash make the dominos fall (whose owed the debt) and profited by the engineers of the 08 Crash
- [The experts speak...that's what we've been saying]
- [One of the most Orwellian comment in history, Criminal Bush just stated: "Bank buyout needed to preserve free market"]
- [U.S. Forces Nine Major Banks To Accept Partial Nationalization] US being [forced] by [Fascism] - [Corporatism] / [Socialism] / [State Capitalism] / [Nationalism] / [Corporatocracy] / [Trotskyism] / [Marxism] --- state owned [means of production]
- [The Psychology of Deception]
- [Subprime Suspects]
- [Can't mention the previous movie without the excellent Endgame and Terrorstorm Movies]
- [(Banking cartel aka federal reserve)'s puppet IMF ready to lend to countries during financial crisis and devalue currencies globally]
- [The 'plausible justification disinfo' of the Crash of 08 false flag is the lie that Fannie and Freddie caused the subprime mortgage crisis] or this [perspective]
- Peter Schiff on Bailout Act and Crash of 2008 (Oct 2, 2008)- [part 1], [part 2], [part 3], [part 4]
- [Jim Rogers: Why would anybody listen to Bernanke?] - good points except the financial media propaganda mentioned WARship the banking cartel and the Bush administration
- [And what really triggered a lot of this (Crash 08 looting) was the way in which Lehman went bankrupt. What's also not being told is the was the way in which Lehman went bankrupt (though all over the European press) The day before Lehman went bankrupt, it basically looted all of its foreign offices]
..."Without any of the media knowing, the Federal Reserve over the last few months has given $850 billion of cash for trash already. This is what the $700 billion discussion in Congress was supposed to be about, but the Fed, without anyone knowing, has already been exchanging these securities."...
- The lie is that the banks won't trade. The pattern is that they are looting America, keep throwing cash at them by the criminal administration, and mabey they will lend, REPEAT (the looting pattern). A population of debt slaves are being created. The taxpayers see your lies and will refuse your looted currency, your assets are to be seized, your lies are exposed criminals!!!
- How can you have inflation and stagflation? Easy, it is sector specific stagflation -- home builders kept building, supply of houses increased too high, price of houses go down (and apr teaser rates, house flippers push price, etc) yet the federal reserve keeps printing currency, keeps giving it to the select banks (that are hording cash), and while they are buying everything, there's massive inflation everywhere else as the devaluation of the dollar shows, what don't you understand shills like Wayne Angell (Silverstein look-a-like clone).
- [Neocon Bush cronies have given the green light for the Global Bankers to Unleashed Inflationary Holocaust, Jim Rogers telling it like it is] - article source [here] and [Peter Schiff telling it like it is on the Bush-Paulson Wallstreet give away Bail Out]
- [Cox's SEC Censors Report on Bear Stearns Collapse] are we surprised with this inside job?
- What a profitable day in the market, O you're not selling short or doing put options? Those who know, it doesn't matter if the market goes up or down, you're profiting either way, buy stocks or [call options] when it goes up, short stocks or [put options] when it goes down, the trick is to know which direction its going. As long as the market is volatile, profits are made, if the market is flat, Wallstreet can't profit, especially when the Bush administration, Goldman Sachs crooks, Treasury, FDIC Blair, and Commodities Constitution gold and silver Suppression are calling the shots. What's that, you're one of the 'that one' who invests in America over the long term, whose money do you think their taking? The worst thing for traders is a stable market, the Bush administration knows this, his whole administration was filled with the wars on 'TERROR', to instill fear and panic in the market and thus volatility, similar to Reagan's (the adored neocon (even referred to as a founding father)) War on Drugs. The Bush administration who has created the anxiety, fear, and panic in the market are the same traitors who are offering the solutions. Treat the symptom instead of the cause (fiat currency, banking cartel, criminal administration). The American taxpayer who are the employer of Congress say to them, Washington [you're fired], are traitors guilty of treason and looting the American taxpayer! Bush facade of terror on North Korea a member of his [Axis of Evil] [restart atomic facility], yet [removing NKorea from terror list] - what a farce, the real objective is to keep the American people in a state of fear, you have to justify war spending and profiting somehow as an enemy is always needed --- And a kind of [insider trading] -- [With inside information, a collapse constitutes a lucrative opportunity, for a select category of powerful speculators with the ability to manipulate the market in the at the right time] Bush admin crony capitalism / corporate welfare socialism
- [The parasitic bankers of the real economy are being faced with the people waking up to how they are being fed upon and how the people are not being served but preyed upon their debt, interest, and looting]
- [Greenspan biggest cheerleader for CDS - Credit Default Swap A.K.A. Derivatives]
- about those lies of the credit market clogged...[the reason that bank lending has ground to a halt is that everybody's simply waiting until the results of the Lehman CDS auction, which is currently scheduled for October 10.] - "Banks are hoarding cash,"
- [Financial Warfare over Future of Global Bank Power via fear mongering and panic] - [yet money flowing into T-bills] to [finance Treasury direct money gifts to banks] - last act of the scoundrels is to loot the coffers
- [What Hoover did]
- The Economy Imploding via Controlled Demolition by the Bush Administration
- [Fed Rate could go to 0%] - though the taxpayer can NOT get that rate for a mortgage, even though the Federal Reserve lending taxpayer money - highly unconstitutional and no real oversight of this banker cartel
- [Confessions of An Economic Hit Man - America is now being taken out and off their hitlist]
- Lex Luthor Goldman Sachs yes man, [Neel Kashkari], 35 year old Paulson puppet put in charge of the largest expenditure the nation has ever spent more costly than the [Iraq war], [Vietnam War], etc. --- [also assures CEO's the caps on executive pay are placed there just to fool the public and are in fact meaningless]
- Private banker cartel (Federal Reserve) [direct loans to commercial banks total record $100 billion (98.1) in one day], so 1/7 of the Bailout, Oh and that's another reason why Paulson's old firm Goldman Sachs - conversion to commercial bank allows access to fed emergency funds, [but forces their leverage to commercial bank levels], either way, the traitor looting criminals gain, taxpayers lose
- [NSA phone tappers on ABC Good Morning America discuss tapping Americans illegally.] ABC's one good story for the year ([since they're bought and paid for by big oil], practically every commercial between George Steph's Sunday show is a big oil propaganda ad and why they won't even look at oil profits)
- Privatize the profits using free market(guise/ruse) (Crony) capitalism, Robbery aka Socialize the losses by taxpayer public government Bailout looting -- The message sent, take EVEN MORE risk, because the cronies at Washington will take your loses.
- [Bush Bailout to unfreeze credit market... now its to nationalize banks] -- so the real agenda is manifesting in 'false flag' real time. - Fascism has been conceived in Amerika, the corporation bankers merging with government
- [World Wide Engineered Rate Cut] - Was that global power granted to the dictator Treasury as well in the Bush Bailout Act, or does the Federal Reserve rule globally to will other nations what to do and when to coordinate the devaluation and set the stage for a global currency.
- [Wall St. Crisis Should Be for Neoliberalism What Fall of Berlin Wall Was for Communism by Naomi Klein]
- [Neofeudalism]
- [Federal Reserve prints another $150 Billion] and [lowers the rate .5% or (50 basis points in banker jargon)]
- [Naomi Wolf - Give Me Liberty] - can't believe these things in America, shed your naiveness -- USNORTHCOM [propaganda about the troops deployed on American soil in violation of Posse Comitatus Act, effectively martial law] - [U.S. Army prepares to invade US]
- [(1st trip) The AIG ceo's post collapse party!!] ([AND a golf outing (3rd trip)]), [hunting trip (4th trip)], like its 1999, another article [here], and more images [here] and BTW [61 billion of the 85 billion already gone] -- [another 38 Billion granted] (AIG's [2nd trip] canceled after outrage)-- "Let them eat cake"! -- “The American Republic will endure until the day Congress discovers that it can bribe the public with the public's money” -- Alexis de Tocqueville -- As if screaming for attention on a couple scapegoats (away from the real perpetrators) to point at AIG's management and Lehman Brothers CEO via a [show Congressional oversight hearing].
- Now that Congress has been extorted to pass the Bailout ([by martial law]): [A Goldman Sachs CEO can now use taxpayer dollars to "purchase ANY financial asset at ANY price, and to sell that asset at ANY price at ANY future date."]
- Since there's an economic smokescreen, clean out the closet - [Rice admits torture] - [Powell and Georgia started it (bout time he speaks out BEFORE a war starts)] - 60 minutes 10/5/08 OBL propaganda confessions and [article], contrary to [it wasn't a top priority to get him] - hey, gotta finish the narrative as the election draws near for the next administration
- Goal to make the crisis appear Ok, global mechanisms in place, now Bernanke can take a step...to telling the partial truth (or toning down the lie)? - [Financial Meltdown Too Large for Free Market to Fix], He says (Aside from admitting this was another Bush creation that was noticeable for years, e.g. The [Exit Tax] just passed July 2008, having rigged / corrupt [mark to model] rules for derivatives (so that the seller uses his model (for pricing), the buyer uses her model (for pricing) and they both profit, though that cannot be), each derivative is not standard (not like all stocks or barrels of oil except for price), instead of [mark to market] that respects market values of prices), and leverage rules changed for 5 Paulson selected corporations up to 40 to 1 instead of the usual 12 to 1.
- Real reason for drill now - $Profits$ of course -- [It will lead to some oil (after 7-10 years), and they know that oil is only going up, and it lets them book those reserves, count the potential reserves as their oil, to move their stocks up.] and just check out this [drill now]
- [Check the Wall Street Executive Corporate Welfare recipients of the Bush Bailout Law (TARP) that Collectively Took Home More Than $1 Billion in Pay!!]
- [Paulson exempted from paying capital gains tax on $500 million when he took the Treasury job] or [$632 million here] - legal, but did you know?
- [The Federal Reserve on Tuesday announced it would create a special-purpose facility, with the Treasury Department's blessing, to begin buying commercial paper in yet another emergency move]
- ["This was the largest single act of class warfare in the modern history of this country"] -- Dennis Kucinich
- ["Decisions by the Secretary pursuant to the authority of this Act are non-reviewable and committed to agency discretion, and may not be reviewed by any court of law or any administrative agency."] -- Ron Paul
- Goal is not only to have the taxpayer pay for all toxic (assets you can't use as collateral (because these assets were indeed profitable when created), but to any funds that contain the taxpayer's [401k] (good read) and IRA's, wait until this Milton Friedman's philosophy gets Social Security and Health Care into this looting system! - [Retirement accounts have lost $2 trillion so far] or [here] - and just think, the neocons tried to get social security in their scam.
- The population is like sheeple, to grow fur and have it sheared (their wealth), and over time have it grow back again.
- [Another $900 billion printed by fed. (and a rate cut)] Still think the 700 Billion Act and giving the Treasury the ability to buy anything on the taxpayer tab was wise?
- [The 700 Billion Bailout is LAW + 150 Billion Pork] - for foreign investors, you can't make this stuff up, the market has spoken, and it says it doesn't like this LAW, thanks for looting our savings via 401K, IRA's, and stock investments ([like a Kevin Bacon Animal House paddling])
- [US Sends $800 Billion In New Amero Currency To China]
- [Why...Why...Why?!?!?!] - ([other kucinich vids]) - [Wake up America] - The smokescreen/false flag of the Bush Bailout (at least they didn't murder anyone this time, other than the severe upcoming recession, and the looting of the taxpayer) is to initiate the global currency and an overt global economy, by order of the New World Order. That and to transfer the junk assets from corporations to the government so the world will continue to lend money to the US. The alternative seems to simply default on them. Yet even that seems not an option because lenders will no longer do business with the US. Yet, the financial news propaganda has no faith in Americans to simply say that, instead it would rather resort to fear mongering, causing worse ramifications by people not trusting the system to invest. (And yes, there are other reasons that people should know). "The global economy requires a global currency," wrote former U.S.Federal Reserve Chair, Paul Volcker.[3] [Single global currency propaganda site]
- [The Federal Reserve Is Collapsing... It is Fraudulent and Theft of those by diluting the value (of money) of those who have saved]
- [Not one dime.]!!
- [No Deal the Best Plan?] - though separate legislation to help the taxpayer directly seems prudent - [Subprime mortgage aid without the Bailout][4] - taxpayer looting of 700 Billion to those who made ill-judgment risks with the effect of deflation, and an official end to the housing bubble. Here is an [alternative plan] introduced.
- Now that the attention is on the auto industry let us please remember the [$25 billion loan passed] independent of the Bush-Banker Bailout.
- Bailout hurts jobs and small business? Really...Why doesn't Congress simply directly allocate emergency funds to small biz for payroll and the like to meet the short-term loan needs. After all, money market accounts have been insured. The inflationary Bailout for bankers will loot the taxpayer through higher consumer prices. [Speaking of Billions video of 700 billion of nothing.]
- A record [$367.8 billion per day] printed from the federal reserve, although these funds were only temporarily lent to the corporations until the bailout authorizes the transfer of the worthless assets to the US government. Yes that will result in hyper-inflation, the bailout is moot on way or another - psychologically the plausible explanation for the economic depression for next year, an analogous looting of the city as the plunderers leave the town burning.
- [Bank Borrowing From Fed Already Exceeded Bailout Total just in Last Week][5] - to $188 billion per day ($940 billion for the week) [or the following week another $640 billion] - bailout just a smokescreen for the actual looting by the federal reserve (though Bush's Military Industrial Complex wars via the 911 catalyst and the smooth passage of the [1/2 trillion defense budget just for the pentagon] to a [tune of 612 billion total] (4X universal health care coverage)), so that when you start asking why the nation is so poor given record productivity, you have a plausible justification!!!
- [TOP READ! The revised proposed legislation of the 700 Billion+ Bailout that is open for review and revision for less than 24 hours, then forever hold your peace, affecting YOU for generations!] - found at [HERE]
- [Fed adds $13 billion to stabilize markets] - How can you be short of cash when you have the power to create it? wake up people - they want the taxpayers to cover the bill instead of just printing the money and having the taxpayer AND RICH pay for it as simply printing it would do, even better, NOT to do the Bush Bailout for Bankers or the 'Bush-Banker Bailout Act', this would not force the taxpayer to pay for the bad/risky investments the bankers made (the bankers were the one's who APPROVED these loans in the first place, shouldn't they have known better, aren't they the one's who reap the rewards if they profit, and the losses if they don't, after all that's free market capitalism where you actually take a RISK for the REWARD!?) - either way, the private banker looters make accruing, compounding, exponentially growing interest money paid for by the American taxpayer
- [Fed adds $13 billion to stabilize markets - so market not as 'illiquid' as the fear mongers say[6][7]
- [Economist Michael Hudson: The bailout is a giveaway that will cause hyperinflation and dollar collapse recommends NOT to do the Bush Bailout for those who took the highly speculative risks] - starting at 2:18
- [CFO of Lehman says Lehman failed not because of subprime, but their *commercial* portfolio. Heard about that much?] - how many times do the lessons to have a diversified portfolio so that one area can't hurt our overall long-term investments be said, guess they don't take their own advice
- [CAUTION! Extremely DANGEROUS section 6 (independent of the section 8 issue) language the at any one time READ WHY, thanks to Nomi Prins]
- [MUST READ: the crash was absolutely predictable, bailouts should not be fun, it should be punitive, its not a serious bailout][8] - put a freeze on foreclosures for a year as one proposal
- what the Bailout Act means and a letter offering a less insane solution / more practical solution if were are to be looted these criminal investment products/vehicles are tainted in that a failure in once sector takes down the whole economy (according to the looters), though if we end wars, restore fiscal responsibility foreign money would be lent, however, this Bush bailout is instead welfare-socialism for wallstreet, on-your-own-ism for everyone else
- Reality check - again its history - [Savings and Loan], it was estimated initially at [200 billion], actual cost was 5 TIMES that [1 trillion] - point is the 700 billion bailout is probably 3.5 trillion actually, updated now [estimated at $5 trillion][9]
- [Now is the Time to Resist Wall Street's Shock Doctrine]!!!! - [KEY interview with Naomi Klein, listen, watch, read this latest interview]!!!
- [Click this line to watch - 'INN report - Sensible talk on solutions to the Crash of 2008 and potential revised Bush Bailout Act points' with Max Wolff - Economist, Some sensible talk on what type of language the Bush Bailout Act should contain.]
- [There is No Evidence there is a Credit Crisis At All. There is MUCH of Evidence that very Large Successful Institutions Want in on the Bail Out.]
- [Paulson admits plan intended to purchase bad assets from banks at prices above market value. i.e. Taxpayers Lose By Design.]
- [Bush traitors been planning for MONTHS]
- [The Bush Bailout Act will radically devalue / debase KILL the dollar sending INFLATION skyrocketing and weakening America globally, what part of this is a BAD idea don't you get?!!!]
- [Those who made poor investments allowed to DOUBLE their profits, that's why Bernanke gave his maturity value (“fundamental” values or “hold-to-maturity”) vs. market value (“fire-sale prices”) definitions, WAKE UP! ]
- [Here is one solution - Zero Interest Financing, The U.S. Congress has the power to create money based on the economic sovereignty of the United States with no interest attached.]
- [Bernanke reads definitions to the Senate Banking Committee, patronizing them, rather than offering actual solutions, filling his time testifying with bla, bla, bla, he serves the bankers, not we the people, wake up, he serves his master, the interest on the loan and the looting of America!!!].
- The real goal of the Bailout power is to create an economic tool for future use of any asset bought in the US and potentially globally, and seize them, on the taxpayer tab, i.e. an economic leverage mechanism/tool/swindle/hoax/[Ponzi scheme] for asset seizure by these criminal traitors and continue their elite power NWO.
- Treasury Secretary Henry M. Paulson Jr. made a case for bailout powers he said he would never used, one month later uses them to loot the taxpayers for Fannie and Freddie Mac for the elite owners. Should be indicted for treason from plundering the taxpayers and CAUSING the recession, all those who have profited should be added to his trial. [10][MUST SEE Bunning Questions Wisdom of Fannie-Freddie Buyout][11]
- here are the two traitors begging for bailout powers [Paulson/Bernanke please give us the purse of the taxpayers] ; [what should have happened]
- Basically, Paulson and Bernanke were given a blank check, no vote in Congress was done whether America could afford this bailout or not. Just another circumvention of the representative Congress and Democracy overall and during the week of and on Constitution Day no less dubbed [Black Wednesday].
Looters of America, [Paulson and Bernanke] heads of the private bankers - [tar and feather] (probably torture, not acceptable) though a treason trial and punishment appropriate
- The Week Bush left the Window/door/barn-door open for the socialist consolidation for bankers (the bank-robbers of America), [Laissez-faire]/savagery deregulated market for everyone else ([Socialism for the rich, Naked Capitalism for everyone else] McKinney, Nadar, Paul, Kucinich genuine, forget the shill Bob Barr)
- article snipped: "Just weeks ago, Secretary Paulson testified that he thought he would never use this authority--a message he reiterated until very recently," Dodd said. His committee is expected to hear testimony from the plan's architects in the coming days. Paulson's rescue comes five weeks after Congress granted Treasury the authority to take extraordinary measures to shore up the companies--an estimated $25 billion to buy Fannie and Freddie stock if the case arose. The government hired Morgan Stanley [rest of the article here]
- looks like the private bankers, what the misnomer is quasi government agency, yet the federal reserve is nothing more than private bankers, what makes them quasi is the control over taxpayers and Congress it has to loot America, bankers like JPMorgan wants WU[12]
- black Monday, Bank of America got Merrill Lynch (94-year-old) [13]: Bush Doctrine has let this economy tank by deflating the dollar, market instability, ergo BUYING/COUGH stealing spree of all the pieces of what's left of the decimated economy.
- black Monday, Lehman Brothers (158-year-old) allowed to fail[14] (hear the vultures hovering - Goldman Sachs and Morgan Stanley).
- one day later, AIG[15] allowed to loot America by Bernanke and Paulson- yet AIG has no accountability, no transparency, [terrible disclosure] as to who their customers are but they deserve American taxpayer funds that WILL be felt as INFLATION, and the [opportunity cost] (what else could we have spent the money on, education, health care, [infrastructure], etc, debt or taxation on future generations too young/not born yet to have representation (not that we do anyhow)
- Last men (bank robbers of America) standing - Goldman Sachs [(Paulson's old firm)] and Morgan Stanley face questions on the [devouring of Lehman Brothers][16]
- Yet silence on Antitrust and Monopoly law violations against the NWO. [Sherman Antitrust Act][Antitrust law]
- [See the colluders conspiring and slivering away] - Paulson (the most guilty looking crook in history (more so than Nixon and Bush/Cheney (mabey not)) set to retire when Bush does) and Bush administration not shown in pictures as they are slivering beneath orchestrating the play.
- I vote NOT to bailout those corrupt institutions, this will be their penalty for the risk of growing too large, yet how my voice doesn't count (or for that matter the representative Congress voice on the matter)
- The traitor Bush gives a 2 minute speech Thursday morning after avoiding reporters like the plague since it takes time for the further consolidation of already too large plunderers to do their work. The phony glaze] at Paulson as if Bush doesn't approve of the looting was theatrical [reminiscent to the days Bush tried to explain why he was compelled to testify in front of the 9/11 Commission behind closed doors, together with Cheney, with no transcript, and not under oath]. Yet still time for some [laughs].
- And the scapegoat in this financial 'false flag' terrorism or EHM (Economic Hitman)/professional thievery/criminal activity on the US by the elite are those pesky risky mortgage foreclosures and those duped Americans who gave themselves loans they could not afford. Ignoring the Bush Oligarch Doctrine: where [Volatility] makes those Oligarch's elated whether the market goes up or down, and 08 was extremely volatile. It's sad too, if the Democrat's actually do get into office, each person may get a [1000 tax break for the year some other goodies of help just to survive], [(SS) Socsh assurances], and mabey a good job while these robber barons make thousands, if not millions per day, talk about equality. And yet the Republican's are fiercely against even that, as if to say that the population is the working slaves for the debt imposed by the bailouts, regardless of inflation, essentially stealing their wealth and claiming it as their own.
- In 2004 the SEC gave ONLY 5 firms the permission to leverage up 40 to 1 instead of the usual 12 to 1.[17][18] Of course they are Goldman [(Paulson's old firm)], Morgan Stanley, (Merrill, Lehman, and Bear Stearns) (the last 3 failing and resulting in being devoured). In other words, the current excess leverage now unwinding was the result of a purposeful SEC exemption given to five firms.[19]. You may ask what does this mean? Well, they were simply allowed to grow too large to bankrupt, therefore it was setting the stage for their looting and forced taxpayer bailout once they were engineered to implode by design.
- Wasn't it a nice touch to temporarily stop short selling of [799 US corporations], let's scapegoat them as well[20]. It was telling all those who still had capital in the markets that the market was only going in one direction, straight up. Let me count the ways this is [artificial market manipulation]. [Then the ban on short selling was extended]. Perhaps another [October surprise]? Must have been a good day for those in the market, with capital, and with no conscious to the artificial nature of the sudden rise in the market.
- The final touch was the insuring of money market accounts [21] as if to say if you haven't been convinced to take your cut in the feeding frenzy, here's your chance for those more cautious investors reminds us of the Bush go shopping after 9/11 appalling statement [22] aside from 9/11 victims and soldiers who gave their lives for fraudulent wars and false flag engineering.
- The mechanism these thieves used [credit default swaps] [a credit derivatives that is real problem, not the subprime *(foreclosure) derivatives], combined with restrained speculation and the leverage power to do it.
- Those nations who who had or took precautions against the US artificial manipulation looting were less affected than nations that did not. Though these New World Order elites care not where the wealth comes from including the American taxpayer. e.g.[23]
- If the Democrats do win, it is as if saying you are 'allowed' to gain wealth for the sole reason of paying the debt owed to the bankers. After all, if the republicans win the election every time, there will be little wealth to pay the leveraged debt interest by the working slaves. In other words, the American taxpayers are thrown a bone. And if you think [Clinton wasn't a Democrat wrapped in neocon cloth], he repealed [Glass-Steagall Act] the firewall between commercial and investment banks, whether intentionally passed at the end of Clinton's reign or not so that the Republicans would profit and take the blame for (a baton passed), and eagerly signed [NAFTA]. So much for regulation, [when was there a genuine democrat] perhaps Obama isn't lying to us (McCain's evil radiate holding his lying fake smile) and he will actually change things and saying what he has to appease the American war-mongers, one's Creator only knows.
- [One last thing, Republicans: It's patriotic for middle class parents to send their kids to die in Iraq but It's not patriotic for the wealthy to pay a little extra taxes to pay for that war that the rich are profiting from. For the body and tank armor, and everything else war requires. Oh ya, how many of the rich and Congress for the most part send their kids to war]?
- [Greed, for lack of a better word is good! - Michael Douglas as Gordon Gekko] except when the unproducing bankers wield their interest power over nations and take the principle to the point of slavedom so long as the slaves (taxpayers) pay the interest on their backs and future generations who have had no representation in this generational-looting. The police state and martial law is in place to ensure the taxpayer continues to pay this interest (otherwise the NWO's wealth is defaulted). What would the nation have been like without these looters? Productivity has dramatically increased through industrialization, modernization (via semiconductors), yet the American disposable income and standard of living has not increased parallel to productivity, this elite robbery is why.
- It's been said that these bailouts have cost the Ameri-slave-can $2300 to $6000 each (seems these neocons tax better than no one, though it's a covert tax so its ok), though that's ignoring the trillions of derivatives that were put into (profiting on each opaque derivative along the way) by the five leveraged exempt corporations the bankers were creating from the beginning of the leverage exemption in 2004. Yet, the inflation tax from a bailout taxpayers can not afford, therefore inflationary debt at interest, must be created makes this number exponentially higher on the generational-slaves of the NWO elite & bankers.
- Without a hitch, from the 2.3 trillion on 9-10, from the profiting from 911 of gold reserves, the Afghanistan and Iraq wars military industrial complex profit contracts, the 'SpOILs of War' from Iraqi-US corp. leases via their puppet gov't wealth, the oil speculation manipulation of 08 money-maker the oil corporations (and wallstreet elite) benefited, to the leverage buildup and pocketing of profits of fictitious (opaque, (and really worthless)) derivatives from 04-08 and its crash, the Bush administration looting locomotive is chugging along.
- [12/12/2008 Peter Schiff on Bloomberg TV, telling the truth about the economy again, again, and again]
- memory hole - [Ken Lay, Jeff Skilling (and his staged death)'s $60 billion] [Enron scandal], well now Former NYSE Chair's Bernie Madoff Alleged $50 Billion Ponzi Scheme. This is to give the appearance that the SEC and FBI have been investigating white-collar crime, as long as its not the real looting of the $850 billion bailout of the $8.5 trillion bankster looting. Though the more likely reason is to give cover for the [Citigoup ponzi scheme lawsuit (Lawsuit claims Citigroup was running a "quasi-Ponzi scheme")]. This corruption by Citigroup is especially serious given that they were a major bailout corporate welfare recipient by the Paulson crony network.
- memory hole -- July 30, 2008 - there was a 300 billion act passed specifically for mortgages to 'avert foreclosure and bolster mortgage finance giants' before the September 2008 engineered crash [here], or a [detailed here]. [This bill also raised the national debt ceiling to 10.6 trillion] (oddly 800 billion (where the bailout was 700 billion from Congress)). Finally [here] -- of course the Crash and bailout were engineered, just like the remaining 15 billion from the TARP has been allocated for the last couple weeks for the auto industry, whether Congress passes or not, and it doesn't matter ([Paulson doesn't care about your democracy - Treasury said it will Bail Out Automakers since the Senate "failed to act"]), making the republican false left-right paradigm look fiscally responsible (though the same Republican Senators enthusiastically passed the 850 billion bankster bailout) all bailouts are treason when profits are privatized, but risk is publicized, the 'reverse robin hood', rob from the public, give to the rich. Included in the 8.5 trillion were printed by the federal reserve banksters.
- memory hole - [Fed auctions $75b to ease credit stresses ]the economic engineered crash started in December 2007 according to the AP article, yet the criminal liars Bernanke, Paulson and the puppet Bush said that it was not predicted.
- [Fed Refuses to Disclose Recipients of $2 Trillion in Lending] - The federal reserve banskter cartel has criminally denied a [FOIA] request on how they spent at least $2 trillion initially [Nov 7th], [updated]. [Apparently House rep also denied this FIOA.] Of course, the corporate media will ignore real issues and instead focus on Oprah's weight or lottery ticket prizes. [update report] -- They can't disclose because of the [trade-secret] that it's looting.
- [Citigroup fund spends $10 billion buying 44 foreign toll roads] - so publicly built roads are seized by being sold to these criminals (when their CDO and derivative bombs hit) so they can charge citizens for the roads they bought
- [Treasury Bills Trade at Negative Rates] or [here]-- as banks continue their hoarding assault against the American people by not lending to the real economy
- [Total CEO compensation [ONLY up 7.5% ]]
- The postal service is inspecting (and delaying mail like bills) by ripping some of the envelopes and containers because the American people are treated like terrorists.
- Now sites like bloomberg scrubbing the 8.5 trillion looting -- as here [was the 7.7 trillion link], oh, now its [here], no matter plenty of mirrors, [here], [here], [here], [here] -- guess by deleting their articles they want their entire articles mirrored.
- [Updated graph of how the $8.5 trillion has been spent] - seized or [here] or the article - [Government bailout hits $8.5 trillion]
- When Bush took office, the debt was 5.6 trillion (from the birth of the nation to W. Bush), [in March 2006 it was doubled to $9 Trillion after two wars (Congress was required to raise it)], and no-bid contract gifts to his and Paulson cronies, then in 3 months (Oct-Dec 08), the bankster looting has cost 8.5 trillion! As they loot America, the dollar, your pension and retirement funds to follow, and your children will have a table-crumb of what America use to be before the bankster cartel and co. plundered America!
- [FDIC Chief Says Bailout Needs an End] -- in other words, there is no end in sight, until the US is completely looted and you are left with back-breaking taxes to pay for the looting bailouts.
- ["These (no money down/interest only) mortgages have been considered more safe and sound for portfolio lenders than many fixed-rate mortgages," - WaMu home-loan president to federal regulators in 2006.] - criminals lying as evil does
- [Moody's and Citigroup did NOT even contemplate that house prices could go down, COOKING the numbers, NO RISK with bailouts] -- similar to the 80's junk bond issues, now we have subprime derivatives and CDO's --- these instruments are the federal reserves weapons to create bubbles and bailouts. Yet they simply laugh the corrupt, evil system as simply 'human nature'. That's why rules were created, but when these criminals write the rules, of course its funny for the American taxpayer working slave as they are sheared.
- [What credit crisis? There never was one, report states] - ["It is startling that many of Chairman Bernanke and Secretary Paulson's remarks are not supported or are flatly contradicted by the data provided by the very organizations they lead"] - Forbes doesn't link to the report, imagine that, so its here [Facts and Myths about the Financial Crisis of 2008] -- I'd also add that the financial propaganda media claims there's a credit crisis.
- more financial propaganda --- just in 'denial', simply 'lack of disclosure / transparency' -- lack of regulation to force the disclosure -- debt securitization --- these are criminal financial instruments
ever changing reasons the 8.5 trillion is being looted (spent on):: [Paulson is on record saying the reason he didn't tell Congress about the notion of recapitialization because 'he didn't know how to sell it']
- to buy troubled mortgage assets (toxic mortgage loans, why are they 'bad', because 'mark to market' rules have made the banks
- capital injection plan (give money directly to the Paulson cronies) -- to ONLY the stronger banks mind you (under an excuse but to facilitate mergers)
- [MUST WATCH: acquisitions / consolidations / mergers] --- every time companies merge, jobs are cut.
- nationalization of banks buying preferred stock
- credit cards, student loans, car loans ---- YET THE sub-prime mortgage has not affected these markets, how have these items gone down in price like houses, TOTAL LIES!
- direct purchase of toxic assets for federal reserve's 'balance sheet' money printing press
- used for dividends and bonuses
- anything else he can think of
consolidation - good thing??? nope. --- simply loss of jobs when corporations merge (its supposed to be good for shareholders, yet stocks have also plummeted, so Congress, Bush, Paulson, and Bernanke and their corrupt regulators allowing these mergers are CRIMINAL!!!
- JPMorgan Chase buys Wamu --- [JPMorgan Chase to Cut 9200 Washington Mutual Jobs]
- Bank of America buys Merrill Lynch ---[BofA to shed 30000 mostly Merrill jobs]
- Citigroup buys Wachovia --- [Citi to shed about 53000 more jobs]
- Goldman Sachs buying stakes in everything [Anhui Kouzi Wine] - [Guangdong Midea Electric Appliances] - [Blue Source] (a [Carbon-Credit Developer]) - [E+Co] [[notice all the purchases related to carbon - [HOW’S THE CARBON OFFSET BUSINESS? GOLDMAN SACHS BUYS IN] or a nyt good read [Goldman Sachs Buys Into Carbon Offsets]
- yet [Goldman Sachs to cut 3,260 jobs] - [2,000 more jobs Jan 2008, what amazing insight]
- and just the tip of the iceberg -- and yet all of these 'consolidating' investment/banks, well converted from investment to banks were looting bailout welfare recipients
more bailout excuses::
- 1) to increase credit::
- [Peter Schiff: "By trying to force feed even more credit down the throats of already overly indebted Americans, Paulson's plan will only weaken the economy further."]
- [Paulson: "Credit card rates are climbing, making it more expensive for families to finance everyday purchases." Germans: "Why should families finance everyday purchases on credit?"] -- another leech or parasite on the economy, every credit card purchase charges the seller 2% that is seen in higher prices, effectively a tax on that purchase, (similar to the federal reserve banker cartel inflation tax) look at [Unfair Credit Card Fees] for more info.
- [Peter Schiff: "By trying to force feed even more credit down the throats of already overly indebted Americans, Paulson's plan will only weaken the economy further."]
- 2) to re-inflate the housing market (bring back the artificially high prices)
- though wages determine prices of houses, not easy credit gimics and loans, and when markets artificially are inflated (the problem), a ression (market correction) will follow, though that is the continual cause and effect of the fed printing press corruption and forced debt of the $8.5 trillion looting bailout, interest to be paid all of it while taxes are raised, enslaving the American public to these banksters
- [Peter Schiff Analogies] - the bankster looting is far worse than any analogy can describe
- [Someone in the Senate Is Blocking The Nomination Of A Bailout Watchdog] with a [Secret Hold] while being protected under corrupt Senate rules from being identified
- Meet the Press - acknowledged 1.9 trillion in a screen graphic of the 8.5 trillion looting on Jan 11, 08... just a bit off, though the usual corporate propaganda
- [if unemployment were still tallied the way it was in the 1930s, today's jobless rate would be closer to 16.5% -- more than double the stated rate of 6.7%. ]
- [Why Are the Media More Interested in Blago Than in Unraveling the Bailout Mystery?] - they ask the question, but won't follow it to the answer, because the corporate propaganda won't investigate the ruling bankster criminals looting America
- [Say's Law - Prosperity should be increased by stimulating production, not consumption]
- [Legacy of disastrous Bush presidency will be collapse of the dollar: Willem Buiter warns of massive dollar collapse]
- [U.S. Debt Set to Jump $2 trillion This Year Due To Spending ] - you mean on top of the 8.5 trillion bankster looting or the [current 10.7 trillion debt] -- one could say it's 20 trillion with these numbers -- starting to face the reality that the US is collapsing mostly due to the banksters engineered wars and military budgets
- [US government sends Chrysler $4 billion bridge loan to keep it operating ] - have another 4 billion, why not, its just paper
- Inflation?! - just one example -- price of eggs now 1.59 instead of .79 (locally) - merely a doubling of prices - [Pa. Turnpike Tolls Rising 25 Percent] - yet at the same time a [Dec. 22 as deadline for companies to submit plans to buy or lease it] -- so state representatives gave themselves a hefty pay raise years ago, now there's budget shortfalls in infrastructure upkeep. Who would have ever thought that? Yet a simple state gas tax would have been saving for this for years. All part of budget mismanagement. Meanwhile [PECO natural gas service rates increase] or [here] in the same area, nothing like a plethora of new taxes and fees, yet individual incomes are being cut and jobs tight. Squeezing the American slave worker.
- [U.S. governors seek $1 trillion federal assistance] - not just infrastructure, but also education (because people aren't allowed to homeschool) and welfare programs. So they want 10% of the 10 trillion the banskters stole and approximately 4 times as much as the 2 auto companies received.
- [Peter Schiff 1/10/06 - CNBC Morning Call]- The financial propaganda media again tries to stump Schiff and fails. Measure your wealth in terms of gold, absolutely.
- [US Treasury throws 6-billion-dollar lifeline to GMAC ] - so with half the 13.4 billion for GM and Chrysler ([that plans are to merge anyway]) and the 6 billion for GMAC (owned by GM), make 14 billion for GM.
- [Peter Schiff: Capitalism has the cure for the government's disease] -- agreed, there is not a need for more regulation, but simply allowing capitalism to work, the collapse of Leheman Brothers was the market correcting the malinvestment and the only thing the government did right, instead the government intervened in the form of looting bailouts was market manipulation that prevented capitalism from working. Yet, the financial propaganda media spews its baloney but Schiff sets the bankster minions straight by saying that capitalism did not make the 40:1 / 70:1 leveraging rules (simply by enforcing current rules and not creating criminal exceptions), the artificially low interest rates, the creation of Fannie and Freddie, and bailouts, all bankster cartel fed reserve actions and government doing.
- Marc Faber - Japan's deflation actually benefited Japanese because their purchasing power actually went up, inflation to rise in the upcoming years therefore gold to rise
- [inflation] - [and what the bankster cartel balance sheet looks like]
- [Peter Schiff - 12/29/08 - “Americans are Broke!”] - the endgame is massive inflation - yet the government is forcing more debt on Americans
- [Apparently, when banks borrow from you, they don't feel the need to say how the money is spent ] - Banks mum on plans for bailout money. Yet when individuals borrow from banks, the bank requires a business plan or collateral of the home and PMI.
- bailout looting hits 9 trillion!! [US Fed's balance sheet liabilities swell to new record] - they admit to 2.3 trillion accidentally forgetting their Commercial Paper Program (short term notes). By simply looking at the 8.5 trillion, the 1.8 trillion ([has been raised to 2.4 trillion instead of the 1.8 trillion of the commercial paper, short term notes]) - of course [Bloomberg's Freedom of Information Act was denied regarding this more than 2 trillion (2.4 trillion)]
- [If I believed in Austrian business cycle theory] -- It's would pretty amusing reading to read it now if it wasn't right. Ooops, all the predictions he ascribed to the Austrian economics came true!
- Ralph Nadar - [Government Without Laws : Bailouts as Coup d'Etat of the Legal System ] - aside from the other [3rd party candidates against public funds for corporate welfare and casino capitalism ], the founding fathers Constitution would never have appropriated public funds for private banks. Where money is power, therefore the public taxpayer power is transferred to bankster criminals and traitors to America.
- Ron Paul - [The Entire Economic System is Subprime] -- so Bernanke's response is that only the cost of imported goods more expensive, that's all, yet with the little manufacturing done in the US, yet, many products are foreign made.
- [Federal Cases of Stock Fraud Drop Sharply: S.E.C. investigations led to Justice Department prosecutions for securities fraud dropped from 69 in 2000 to just 9 in 2007, a drop of 87 %] -- Fascism, government of, by, and for the corporate banksters
- [Rioting at the Gates of Thermopylae] - the bankster criminal financial instruments are taking out banks like weapons of precision destruction with 200 trillion in derivatives in the U.S. alone and 1.5 quadrillion globally. The bankster banks lie to the public that they are too big to fail, they are not, especially given the majority of lending is from small banks in aggregate.
- [AIG to Sell HSB Division for $742M to Munich Re] - more assets sold to foreign entities, the same AIG that received hundreds of billions of bailout funds
- [GM's auto financing arm is now a bank - another $6 Billion in bailout money for the auto company]
- [Quantitative Easing: FAIL] - simply printing money will destroy the dollar according to the engineered plan of globalization under the banksters rule
- Notice the how the spin of the financial propaganda media, it seems they are (either dictated or by volition) to release numbers in figures less than 700 billion so the public is not be get alarmed. Yet we know about at least [8.5 trillion being looted] (that was a bloomberg source until censored). [Fed Opens TALF Loans to All Borrowers, Extends Term] is talking about 200 billion and 600 billion and states they are separate programs. They also state the spin on why auctions are not used it's “to provide more certain investor access,”, yet funds through auctions would have limited CEO pay. The Paulson Bernanke Bush/Cheney cronies are criminals!
- [Where's the bank bailout money?] - interesting that once the financial propaganda media started to ask questions (during holiday times of course), then a mere 4.7 billion went to local banks as if to say stop looking at the banksters, here's a bone to mainstreet, now blame them. The problem with that is if local banks were NOT the one's soaked in credit default swap, derivatives, and allowed to be leveraged 40 to 1 like the bankster institutions and their rulers.
- [After all the hype, after-tax corporate profits has fallen 0.5 percent] -- yet the talking points also dictate to say that in the 'upcoming' spring that there WILL be a 5.4 percent drop. All the while saying this the first day or so into 'winter'. [Here's some number spinning.] -- [With all the economic mayhem we have experienced, corporate profits are only down 0.5% in the third quarter.] -- That's the telling aspect of totals and averages, with record job loss, corporate profit basically still high which tells at least two things. One that's it's profitable to Layoff / fire people / 'reduce the workforce' and the executives are getting record amounts of compensation under the guise of the 'gloom and doom' indicated by [$1.6B went to bailed-out bank execs shows]. On top of that [US mortgage applications hit almost 5-yr high] -- and 2008 black friday sales actually UP? [increased 0.5%] to [U.S. ‘Black Friday’ Sales Rise 3%] or [A 3% raise this year] -- Notice how the financial propaganda media spin it, bloomberg saying that 'their not saying it, ShopperTrak is and CNN adds a ? mark in the title, then trivializes the actual increase by saying that's all folks as if to say this increase is too small. But the banksters will enjoy their bailout compensation as its hard to convince a public to turn over its wealth.
- [$4.7 billion from the bailout fund to buy stock in 92 local banks] -- a fraction of what the bankster banks have been looting America for, the crumbs of looting and a diversion to the hundreds of billions and trillion of the "fortress four banks" that Cramer, who is being portrayed as [slightly worse than a coin toss] though the rigged stock market is just that, the ([house casino has odds in its favor, like blackjack .80% house edge]), Anyway he has dubbed these "fortress four" banksters (rightfully so), [in (July 08) Wells Fargo (WFC), US Bancorp (USB), Bank of America (BAC) and JP Morgan Chase (JPM)]. On a secondary note, article has a [direct link] to the facts, done right. [Of the 49 banks from Friday (Dec 19), 14 are private]
- [US Fed gives American Express full bank status]
- [American Express gets $3.39 Billion, Capital One gets $3.6 Billion, Discover gets $1.2 Billion...Lets have the interest rate for this money at 22.99% compounded monthly and with a $3 million late fee.] - ...but it was the sub-prime lending, what a lie to the American people. It was about the Paulson crony network and rewarding all the goons who are the parasites of America, credit card corporations are prime examples of enslaving Americans with the chains of debt. This has become nothing more than a [subsidy] Goldman Sachs fascist program. TRAITORS!!! It's even more troubling that soldiers over in the Middle East have not 'enjoyed' this cheap credit and elsewhere, instead they've given their lives while the criminals rob the nation, are going to return and find that hyper [stagflation] has infected, though not the cause, but merely the symptom to this looting of America and the inflation that is the domestic enemy through the fiscal monetary policies these crooks have put in place for America. -- They stated it in the financial propaganda media - [U.S. Stocks Fall on Best Buy Forecast, Treasury Strategy Shift - "Treasury's plan to use bailout funds to bolster consumer credit"] ... and did it! Sub-prime mortgages, ha! Right in your face, What are you going to do about it?
- [CIT Group to receive $2.33B from government program] or [here] - not to be confused with Citigroup $25 billion TARP funds as stated here -- [FACTBOX: Where has the U.S. bailout money gone?]
- [Dennis Kucinich speaks about secret congress meeting - everyone of these bailout negotiations has been behind closed doors.. what really happened on march 13, 2008] - [March 13, 2008 - House of Reps. secret meeting, "The imminent collapse of the U.S. Economy to occur sometime in late 2008" ... check.] -- [As America Collapses US Government Secret Plans Revealed]
- [CHRONOLOGY: Anatomy of a financial disaster ] - or the chronology of the engineered crisis to loot the American taxpayer and future generations, (children, babies, etc.) by forcing bailouts. Basically the private bank of the federal reserve cartel are buying up and being sold to real assets of the economy (similar to the forced gold seizures where fiat currency was given to real assets). Its a tribute to the banksters, and if they resist, the FDIC goons will be sent to instead of seizing assets, their entire bank.
- [List Of Cos Planning To Participate In U.S. Govt's TARP] - line of corporate banks welfare recipients for public funds, basically crumbs for the smaller ones, while the banksters receive tens/hundreds of billions
- [Approved the sale of Lehman’s carcass to Barclays, the British bank in 'How the Fed Reached Out to Lehman ']- telling of how the spin of Paulson and Bernanke say that 'said that they did not have legal authority to lend any money to Lehman. The firm, officials said, did not have enough collateral.' So when they engineer Lehman's failure they say that, yet to force a bailout the propaganda is 'these are extraordinary/emergency times. Trying to have it both ways again.
- [AP study finds $1.6billion went to bailed-out bank execs;] [Rep. Barney Frank -- these bonuses amount to a bribe "to get them to do the jobs for which they are well paid in the first place."] -- merely 25% of the [6 bailouts before 1984 on this page] are going simply in salaries, bonuses, and other benefits. Though the banksters steal trillions, the executive minions are just as greedy.
- [Pension Funds Collapse: The End of Retirement?] - collapsed, raided, stolen, while social security is a [ponzi scheme] and 401K is a scam to have one's retirement stolen in the corrupt and manipulated stock market, enjoy your slavery/indentured servant because those who have pensions/401K will be "able" to retire once the stock market turns around (your told only a couple more years of servitude).
- [Eight major undersea Internet communication cables cut in 2008 ... What are the odds of this happening when it “happens to a single cable typically once a year”?] - Military/ al-CIA-da logic, if you don't like the content on the internet, destroy the internet, force Internet 2 to control content.
- While unemployment numbers are at [26 year highs even with the cooked numbers] -- [US Congress, With An 8% Approval Rating, Gets A Raise In Jan 2009!] - Exactly why they have no qualms with inflating the dollar through martial law bailouts. Inflation is an effective repeal of any federal minimum wage increases and an assault on those who save.
- Another 200 billion of the 8.7 trillion has been tapped - [Hedge funds gain access to $200bn Fed aid] - [Hedge funds have never been able to borrow from the US central bank before ] - for hedge funds, serious looting
- [Bush orders auto bailout in hope of steering clear of economic pileup] - It's not the entire auto industry, just GM and Chrysler (though Ford needed to go along for the plot of robbing the American taxpayer for it to be sold in its theatrical performance of dire and gloom scenarios. Banksters and their puppet government and their leashed private military. Though if one falls they all fall, hmm, where did we here that one before...'too big to fail financials' perhaps.) -- Anyway, Congress is vestigial and largely ceremonial now. If you needed any more proof, this is it. The sole power in one branch of Congress, the executive, to inflate the currency and destroy the value of the dollar, loot the current future American prosperity, by spending money Americans don't have is another act of traitors. Cerberus actually took over Chrysler less than 7 months ago after being in the [news since may 07], and now they need a bailout because they have no cash. Sounds like buying Chrysler was a really ***** business decision. Why should they be rewarded for it from the tax payer's future earnings? [Why the GM - Cerberus - Chrysler Bailout is Bad for Taxpayers]. Either way, half of the 17.4 billion, more than 8 billion dollars is going to a private investment firm [Cerberus] that isn't even publicly traded that would require quarterly review to its stockholder owners. Public funds into private hands.
- [Our Second National Holiday]
- [Fed cartel Cuts Key Rate to "Virtually Zero" and wants to fight recession by "pumping out vast amounts of money".] -- just your elite looting and government using inflation to devalue debts and attacking all those who have saved fiat dollars
- [Congressional $700 Bailout and trillions of total loans Oversight Panel Wants Answers . . . But Has No Subpoena Power]
- [New York Times Pulls Punches On Wall Street Bubble Era Pay - "It was looting, and it is high time the media starts describing it in those terms."]
- [Federal Reserve Characteristics of a Crime Syndicate Faces Lawsuits] - and if they are the lender of last resort, given the fact they can print money out of thin air, it IS impossible that Lehman Brothers was 'allowed to fail', Bernanke said that the Fed cartel simply could not find funding for Lehman to keep it operating, if you ignore their printing press (simply creating a number on a computer).
- memory hole - [Fed cartel stops reporting M3 money supply to 'save money' in 2006] - [crooks statement]- Enron isn't the only one who knows how to cook the books! - well at least there's [Shadow Government Statistics]
- In the 60 minutes interview with Barney Franks, it's just plain wrong when he said you can't put conditions on the 335 billion bailout to make the crooked banks lend, yet the auto industry must meet conditions for their 15 billion bailout. Trying to have it both ways.
- [Kucinich has Introduced a New Bill, HR 7260, for Transparency of the Fed, Injections of Money and Issues of How Fed Policy Affects Wealth Distribution] - watch the many traitors in Congress not support it.
- [Goldman Sachs CEO and Fed planned AIG bailout]
- [Lehman Brothers Billion Mystery: The Fed loaned Lehman $138 Billion even though it said it failed because it couldn't do so]
- [Goldman Sachs which got $10 billion and debt guarantees from the U.S. government, will pay only $14 million in taxes worldwide for 2008, compared with $6 billion in 2007] - so their going to pay approximately 715 times less in taxes than they were given in the bailout, while GS has less than [12,000 US employees in 2006] yet GM and Ford approximately 500,000, while Walmart has 2.1 million fulltime employees.
- Banksters Created $1,500 Trillion in 'Ponzi Scheme' Derivatives, Then Stole Another $8.5 Trillion From Us in Only 7 Weeks, But the financial propaganda media Blame Mortgage Holders?
- The oil companies in the 3rd quarter of 2008 had record profits (partly due to Iraqi oil), yet the sky would fall if the financial community did not receive their bailouts because they falsely lied (using the financial propaganda media) that they are the only sources of lending. Yet companies like Exxon Mobil's $39 billion in cash amounts to 15 percent of assets, or 60 minutes Dec 7, 08 [advertisement for Saudi Aramco] with its hundreds of billions in cash, just to name a few is proof there were no other means of credit, laughable. As Octavio Marenzi's report clearly shows, those financial corporate welfare recipients are not even close to the majority of lenders of credit in the US, and even more US and global companies have been flush with cash for years (that they can't spend fast enough), but those who control the media, and rule by their silent [Coup d'état] get what they want. Oh perhaps some [More Keynesian Nonsense from Krugman] because that's always the false solution to the banksters. Either give directly to their corporations through bailouts, or the hard way, corporations will profit through lucrative 'infrastructure' contracts. The American middle class...[what middle class...drop dead].
- Why is all the focus on the allegations of Bernard Madoff 50 billion scam, because its far away from the culprits like the [lawsuit (allegations) against former Treasury Secretary Robert Rubin, and an associate ran a "Ponzi Scheme" that turned at least $122 billion into worthless paper -AFTER they sold off $150 million in a move that might be considered insider trading.] - though the powerful control of the fed cartel network are not going to have 'one of their own' indicted. Though the financial propaganda media is also using this to say that the rich are the victims here of Madoff. Yet the American taxpayer has to mortgage their children's and nation's future to steal 8.5 trillion for wallstreet.
- [The Crisis-Mongers] (like WMD propaganda lies of going to war) and [Scott Horton Interviews Justin Raimondo] on a New World Order (classic example of how libertarians are in denial, using the incompetent excuse, though they acknowledge the bailouts as thievery), Rather, listen to Alex Jones, Alan Watt, and Mike Rivero
- 60 minutes 12-15-08 - [A Second Mortgage Disaster On The Horizon] --- 60 minutes with their crooked reporting as usual ["Secretary Paulson is refusing to use that money that Congress voted to reduce foreclosures. The bill says he’s supposed to. He won’t do that," Frank says.] or later on in the interview because continuity of subject matter not one of their fortes [Asked what he is really saying about Secretary Paulson, Frank says, "I am very disappointed in this. At first I thought he was focused too much on the financial community’s tender feelings. Now I think he’s focusing almost exclusively on them." ] - blaming the incompetent security guard Congress for the stealing, instead of the looting bankster criminals. 60 minutes had so much time that they went into Franks sexual orientation. Yet, they don't mention the Kucinich hearings where Kashkari was asked the same thing about helping reduce foreclosures, and Kashkari stated that there is a clause that its solely up to them on how they choose to spend the money, guess 60 minutes missed that one. Or is trying to create a diversion of blame away from the true perpetrators, Paulson network and banksters. [Frank defense himself here.] Can't do anything, [Gordon Brown's UK made sure they had a majority stake in banks to ensure they would lend.] Though the bailouts of banks is a corrupt premise to begin with, because they lent to each other giving themselves a 'too big to fail status'. What's more, in this 60 minute interview, Wallstreet paints that Congress made them lend to risky homeowners, yet now that the bailout funds are given to them, Congress can't make them lend. Trying to have it both ways. Yet Franks analogy of 'you can't push a string' is telling that Congress is indeed the puppets that the banksters puppeteers are controlling. But to say that only Dodd or Franks are the only Congress members who have investigated through hearings the bankster crooks is classic deceptive 60 minutes reporting.
- Not "too big to fail", too indebted to fail.
- I had a chance to ask Barney Frank this exact question. His response was that the period of relaxed regulation has enabled companies to borrow too much from one another. One indebted company going bankrupt and defaulting on their loans would wreak havoc on their creditors' balance sheets, possibly enough to drive some of them into bankruptcy too. And so, in theory at least, the dominoes would begin to fall. Breaking up these indebted companies would not reduce the amount of debt outstanding, which is ultimately the problem. Apparently he and some other members of Congress are trying to set caps on borrowing to prevent this from happening again. He also suggested that stats like the number of people they employ aren't a factor. Those in favor of the auto-industry bailout might beg to differ, however.
- So the trick is if you can borrow so much from your buddy Paulson network corporation, you are "granted" too big to fail status, because the failure of one will bring them all down according to Frank, a domino effect, perfect Wallstreet scam, and will result in Bailouts EVERY time.
- [Peter Schiff Speaking about the Auto Bailout 12/13/08] - "its going to get so much worse" indeed these bankster looters are plundering the economy
- ["The flimsy executive-compensation restrictions in the original bill are now all but gone," said Sen. Charles Grassley, R-Iowa, ranking member of the Senate Finance Committee.] - it was only if you sold toxic assets in an auction, so none of the funds were used in auctions, but Paulson gifts.
- memory hole - July 7, 08 -- signed a "memorandum of understanding" between the SEC and the Fed bankster cartel - [Federal Reserve-SEC Pact a Step Towards Regulatory Consolidation] -- basically [Let The Banks Regulate Themselves – And Print Their Own Money? - So banks that oversee banks at the same time that the banks print money to bail out the banks] - e.g. [according to Greenspan its self-regulating or self-correcting power of free markets, in a good article Feb 7, 08 -- Death to the Hoax of Self-Correcting Free Markets] or [Greenspan Concedes Error on Regulation Oct 23, 08]
- Dec 10, 08 - [Fed mulls issuing own debt: reuters] [nyt], [Fed Weighs Debt Sales of Its Own: wsj] - [the Fed Taking the First Steps to Selective Default and Devaluation?] -- while the international banksters other branch, the IMF wants to [IMF may need to "print money" as crisis spreads]
- Next stop hyperinflation -- [Fed Cuts Key Rate to "Virtually Zero" and wants to fight recession by "pumping out vast amounts of money".]
- [the M0 money supply (has) increased as much in the last 90 days as it has in the last 83 years. ] -- what people don't understand is that inflation is exactly like going into your savings and stealing it, though Americans don't save anyway (because there is no incentive to due to inflation and artificially low interest rates and negative T-bill rates). US monetary policy (and the criminals who institute it) is merely stealing wealth from the producers (manufacturers). Mike Rivero said there's "not a credit crunch, there's a repayment crunch" (as credit is merely created in the 1's and 0's of a computer, estimated 30% is physical currency), eventually those bills will come due and it will be worse than IMF loan conditions where America will and is being sold off to private bankster and foreign entities.
- [Did America Get Punk'd on the Bailout?] -- punked and looted
- [Credit-Card Users Feel Pain as U.S. Banks Reap Gain ]
- [Congress to crack down on bailout recipients -- companies forced to report how they have spent funds] - Simply an afterthought on the appearance of requiring to lend instead of the hoarding and use public looting funds (bailout) for compensation, consolidation / mergers / taking over other banks and institutions, and buying up real assets in the economy that has taken place. Like the security guards (Congress) closing the vault door AFTER the banksters have looted the treasury. Though when Barney Franks he said you can't push on a string to make them lend to the real economy was being truthful. He was most likely saying that you can't force these criminals to help / lend to the real economy since only well-run banks would do such a thing and these crooks will simply force future bailouts if they can't loot and run their corporations (cutting off liquidity to the real economy) as they please.
- Given that Japan is run by the US this is a big deal [President of Japanese Credit Ratings Agency says ENOUGH! Let the U.S. Titanic SINK!] -- Though Japan's lost decade is a result of lending the US records amount to convince China to lend to the US, by saying, see, their doing it, so it's OK. Though there are a lot of brave Japanese like Mr. Fujita and his questioning 9/11 as the false flag attack it was [Transcript Of Japanese Parliament's 911 Testimony]
- [Peter Schiff: "It would be irresponsible in the extreme for an individual to forestall a personal recession by taking out newer, bigger loans when the old loans can't be repaid." ] - ["As a follower of the Austrian School of economics I believe that market forces apply equally to people and nations"] - but nations don't care about inflation, just to keep its population busy building ditches and filling potholes 'infrastructure' projects (that American's can't seem to do right, maglev trains, fiber optic internet last mile (too costly in the city no less)), etc.
- classic spin -- U.S. pays one of the highest corporate tax, both Mitt Romney and Carly Fiorina spewing their tax agenda on Meet the Press (first show David Gregory showing his corporate ties) 12-14-08, [yet this study says corporations have NOT been paying tax because of loopholes the corporate class write themselves]. Though taxes are too high, for the American citizen. Isn't it interesting that American citizens are now referred to as the 'TAXPAYERS'/American taxpayer, not the public good, the commons, and excludes the poor, as if to say that an American citizen has no worth beyond their ability to pay taxes.
- It doesn't take much thought to see why the TARP was split in two chunks, 350 billion under the republicans, 350 for the democrats to prop their false left right paradigm.
- [Rangel Sought $10 Million Contribution From AIG, Then Approved Subpart F Exception Benefiting AIG] - bribery, corruption, or just [quid pro quo] -- Though Obama has called this political bartering - no, it's corruption - the fact that AIG has received 150 billion+ that has gone to insure banksters seem more a distraction of bribery because the 10 million are pennies compared with the billions where the banksters who received billions are the criminals with their enabling Congress. Corruption rampant, America decays.
- [The Wall Street Ponzi Scheme called Fractional Reserve Banking | Mint Dollar]
- [Regulators backdate records: What are the real numbers of the bank bailout?]
- what the Bailout Act means and a letter offering a less insane solution / more practical solution if were are to be looted
lets look a bit at wallstreets crooked financial mechanisms::
corrupted financial instruments used by wall street to infect the stock market -- Therefore need to be banned or strictly regulated with actually enforced regulators with integrity (though I'd say ban them since evil and money usually corrupts and weakens integrity!)
- short selling -- not only is this concept defunct and unnatural, it goes against the interest of why a government would have a stock market, to have buyers. Instead, it is a way for individuals to profit from the demise of a corporation. Supporters say that it provides price discovery, liquidation, and other excuses, and in a vacuum, in theory, and on paper might. But the manipulation of this is very prone without strict regulation of the system. For example, naked short selling are clearly not enforced, but on a superficial level. So when there are powerful individuals who can profit from a market demise (thus disrupting business cycles and employment), this is a very dangerous concept indeed. Simply if you think a corporation is doing well, buy its stock, if you think its doing poorly, sell it. Short-selling should be banned. During the 2008 crash, short selling was even banned (though in a very manipulated way). There have even been half-baked manipulation to contain this like the up-tick rule, but if your financial propaganda is saying one thing, and you short, it does not solve the problem. Though the brokerages and bankers won't remove this lucrative financial mechanism any time soon, since margin-accounts are required for shorting creating a great temptation to use it (putting them into immediate debt).
- futures contract / option -- initially created for farm products, it has been distorted to include anything fictitious intangibles, Another gambling instrument. Whenever any scrutiny is applied to future contracts, the debate simply switches to having the buy or sale of a futures contract to include the shipment or delivery of the commodity (though of course this is impossible with their fictitious intangibles). Supposedly regulated by the Commodity Futures Trading Commission (CFTC) and chaired by Reuben Jeffery III (former Goldman Sachs) [resigned June 27, 2007] until taken over by "acting" chairman Walt Lukken that would simply blame his predecessor if the heat got hot on the unregulated speculation of both derivatives and the oil speculation (because delivery is not done) so manipulation is massive and systemic without strict, properly funded, with strong penalties, and other enforcement measures.
- margin account -- easy to entice individual to invest money they do not have, and very dangerous in a corrupt market. In a sense, a very easy loan (at interest), that doubles whatever you have to invest.
- credit default swaps -
- derivatives -- Reagan creates derivatives through the 1982 Futures Trading Act.
TARP, banker bailout VOTE by Congress
- 1) Failed in House Monday September 29, 2008 (([whitehouse propaganda] on 3 page bailout given to public to read [here] or [here]) (110 page house bill voted on [here],[here] [24])), then House didn't vote until October 3, 2008, that Friday, it was the week of the Jewish holiday of Rosh Hashanah (that shut down Congress and some members went home for the holiday), which began at sundown Monday, ([though Senate voted that Wednesday October 1, 2008] or senate bill voted on [here], [here], or [here])
- 2) Failed House Monday, that Friday it passed it October 3, 2008. A 451 page [pork] [H.R. 1424] $150 billion more in gifts to make it a $850 Billion that has swelled to over $5 trillion so far. The pork filled (bribery) Bailout passed after the financial markets put such fear into the markets that there would be a great depression, the market still fell and the plunge team is trying their best to keep it out of the 7000's range because that was the financial propaganda news predictions of where the market would go if the Bailouts were NOT passed. (Even though [all spending bills should originate in the House, not Senate]
- Role call - all who voted for the Bailout need to be voted out or tried for treason: Paulson, Bush, Cheney, Bernanke, Kashkari, Congress who voted YES, and the rest
- September 29, 2008->HOUSE->appearance temporarily failed->[205-228-1 (at least 205 traitors to the Constitution pledging their allegiance to the globalists/bankers)]
- October 1, 2008->SENATE->traitorously passed->[Senate 74-25-1 (at least 74 traitors to the Constitution pledging their allegiance to the globalists/bankers)]
- October 3, 2008->HOUSE->traitorously passed->[263-171 (at least 263 traitors to the Constitution pledging their allegiance to the globalists/bankers)], or [here]
Hearings -- Congress exposing Paulson / Kashkari (the question is what are they going to do about it, be their puppet, ruled and controlled by the Paulson Goldman Sachs network banksters, and sociopaths social engineers)
- November 18, 2008 - House Financial Services Committee
- (R) Ron Paul: [Confronts Bernanke On Global Currency Plans 11/18/2008] or [here] [and here] - lies gold demand at high levels, those who try and trivialize gold and call it an 'insurance' policy only and not a good hedge on inflation are mostly from the fractional reserve loving, criminal [Chicago school of economics] and worship their print money Milton Friedman deity followed by the bad collectivist approach for a totalitarian state and abuses by it through [Keynesian economics]. Ron Paul supports sound money policy and the abolishment of the criminal bank cartel known as the federal reserve and [The Austrian School]
- November 14, 2008 - House Oversight & Government Reform Subcommittee on Domestic Policy
- -[highlight clips]-
- (D) - Dennis Kucinich: [“I don’t think anyone questions, Mr. Kashkari, that you’re working hard...our question is, who are you working for?”] - voted 'NO' for the bailout
- (R) - Darrell Issa: [Kashkari's Bailout is a “Bait and Switch”] - voted 'NO' for the bailout
- (T) traitor - Cummings : [Billionaires only taxed 15%] - Cummings IS the [chump] for voting 'YES' for the bailout ( and YES Kashkari does get it, looting America is the goal for control and power), traitors
- Senate Banking and Housing Committee - October 23, 2008
- (T) Chris Dodd: [Worried about hoarding] -- [pressured by administration through his mortgage at countrywide to sell nation on bailout] -- voted 'YES' on bailout, traitor (another presidential candidate that was more of the same, the globalists really put their money on a lot of bought of candidates)
- (D) - Brad Sherman: [Martial Law if We Voted No] - voted 'NO' for the bailout, We the people DEMAND names who threatened and extorted martial law!!!
- (R) - Jim Inhofe: [“No Way Of Knowing” Where Bailout Money Has Gone -- Wants to Freeze the Bailout Money] ABSOLUTELY, lock up Paulson, Bernanke, Kashkari and the rest
- (D) - Dianne Feinstein: [Set execs 'on fire' if they don't play ball] - voted 'NO' for the bailout
Wikipedia page on the [Emergency Economic Stabilization Act of 2008] -- though they don't like to link to the actual votes Congress members made
TARP part 2
Seems part 2 of the TARP...
ongoing continual bankster news
- [Sen Sanders: We Need A REAL Investigation Into Who Caused This Economic Collapse ]
- [Wall Street finds ways around executive pay caps]
- [Ron Paul Discusses Geithner ] - [Geithner getting kid-glove treatment over unpaid taxes? ] - [TurboTax Responds to Treasury Nominee’s Disclosure] -- [Tim Geithner's tax evasion]-- [Geithner Links Woes to Tax Software Used by 18 Million Americans]
- [Bailed-Out Firms Have Tax Havens, GAO Finds]
- Rep Ackerman Slams SEC -- Showing how much of a puppet Congress is to SEC, an agency supposedly that is under Congress:: [SEC Lawyer pulls a Bush - SEC Lawyer Clams Up On Madoff Scandal, Cites Executive Privilege]
- The admission of the mistake made was cute, the moral man made a mistake. Enough of the euphemism, [When Crimes Become Mistakes]. Any other job in America, tax evasion would have you arrested and jailed. Yet because its a Congress and banksters these crimes are not audited until the national scrutiny of the administration happens, then they're mistakes. I want an amendment NOW, No person shall be a member of Congress if they have been convicted of a crime, including tax evasion, and each member of Congress shall be audited like a corporation every quarter. Extreme? With Congress, those who should know better, this is not an extreme measure, but a necessity. From Geithner, Daschle, and Killefer not paying taxes, Bill Richardson's pay to play, to $18 billion in bonuses to Bush's gated community retirement - it is painfully clear that America is not divided between Republican and Democrat, but between the rich, privileged, and looting social engineer banksters and the struggling masses. -- Yet even more cute that Obama preempted the idea 'there is not two sets of rules', yet this is exactly what exists. And along with two sets of rules, Congress does not pay their taxes, yet forces you to. [Rangel Rule. Let everyone enjoy not paying their taxes without fear of penalty!] -- Yet [Rangel himself under investigation for ethical violations] -- First, the IRS is a criminal organization, and individuals shouldn't be paying individual income tax until it was engineered along with the creation of the federal reserve. Anyway, either this shows how corrupt Congress is (which it is) or more engineering for [The "Rangel Rule" Act of 2009, HR 735 Would prohibit the IRS from charging penalties and interest on back taxes against U.S. citizens just like if they were Congressmen and Presidential Appointees.] Seems you can't be in politics without being compromised with corruption.
- excellent - ["Too Big To Fail": A Bailout Hoax] - now that's how you write an article What is outrageous economically and is outrageous morally is that normally in times like this, people who are competent and who saw it coming and who kept their powder dry go and take over the assets from the incompetent. . . . What's happening this time is that the government is taking the assets from the competent people and giving them to the incompetent people and saying, now you can compete with the competent people. It is horrible economics. -- or the point brought up that the amount of bailouts into these bankster institutions, if Congress could have simply bought outright. So ~20 times (17 times) MORE taxpayer money was put in then the price of these criminal are worth as stated in the article. Yet it was allowed that JP Morgan Chase looted Bear Stearns for $2 a share.
- [Rep. Marcy Kaptur holds back no punches, lets the banksters have it] -- Rightfully brings up the power of Goldman Sachs that converted from a risky casino speculative investment house to a bank to gain TARP funds and FDIC insurance instantly, not paying into the insurance at all (unlike actual banks paying into the FDIC insurance for years). She calls out (in addition to Goldman Sacks) 5 other banks, JPMorgan Chase, Bank of America, Wachovia, Citigroup and HSBC, that have a grip of power by a political avenue over the US hurting American home owners through bankster looting. Barney Frank is called out for his treasonous vote on what Kaptur probably heard as the bankster bailout which she voted NO (rightfully so), Kucinich as well, but the looting enabler Barney Frank voted YES and others, (source [here] or [here]), not the [H.R. 3221 (110th): Housing and Economic Recovery Act of 2008] that Goodman talked about, though [H.R. 3221 has been called a recipe for disaster and a big target of fraud against taxpayers]. Though Goodman should have made it clearer that she was referring about the bill in May of 2008 if she didn't mean the bankster bailout TARP, though the TARP is the center-stage topic of LOOTING!
- [Fiscal Therapy] - [David Cay Johnston: More Corporate Tax Breaks Will Not Stimulate the Economy] - while trillions are printed by the fed reserve (over 8.5 trillion) and the ~ trillion bankster bailout with the ~ trillion stimulus (though most likely 3-4 trillion) just a diversion for the federal reserve tens of trillions (and more) of plundering. The current and next generations of young adults and children are being chained to the interest of debt.
- “While monopoly control of industries was once the objective of J. P. Morgan and J. D. Rockefeller, by the late nineteenth century the inner sanctums of Wall Street understood that the most efficient way to gain an unchallenged monopoly was to ‘go political’ and make society go to work for the monopolists — under the name of the public good and the public interest.” -- Anthony Sutton (researcher for Hoover Institution for War) - It was, after all, John D. Rockefeller, Sr. who declared: “Competition is a sin. --- These bailouts are evident the Goldman Sachs and other banksters who went 'political' to loot America in tandem with the [Shrub Dynasty] [source]
- [Kucinich: We Should Be Going From Golden Parachutes To Golden Handcuffs!] -- absolutely, voted against the bankster looting bill, an absolute outrage as these treasonous criminals loot the American people with bailouts
- [17.5% unemployment rate "in a state of freefall"]
- [Why the Dow is holding at 8,000 ] -- it's because of how the index (DOW) is constructed, it's price-weighted and inherently flawed.
- TAX - [Red light cameras issue 45,000 tickets in a town with a population of 38,500] - for the banksters
- [Barney Frank: The largest spending bill in history is going to turn out to be the war in Iraq]
- [Worse than the Great Depression.]
- Krugman - [If taxpayers are footing the bill for rescuing the banks, why shouldn’t they get ownership, at least until private buyers can be found?] -- “lemon socialism”: taxpayers bear the cost if things go wrong, but stockholders and executives get the benefits if things go right.
- Tarpley - If the war ended the Great Depression, then with Bush's (and Obama's) two wars, there should be endless prosperity. Hoover's prosperity just around the corner lie, instead the FDR deals actually built by ... government --- actual infrastructure.
- [Mafia business 'equal' to 9% of Italian GDP] -- Yet the interest being paid to the banksters controlling the US much worse
- Treasury = Treason + Usury. TARP = TRAP -- That's really why we need a national bank. We shouldn't be paying interest on our budget.
- [Monetary Lessons from America's Past] - rightfully questions the concept and propagandized necessity of a 'lender of last resort' especially when banks make sound lending decisions by not having bailouts that encourage risky lending -- Then just some thoughts on The false left right paradigm of politics each have their own economic schools, a False Keynesian Miltonian paradigm, instead of sound money with government infrastructure spending. Though the artificial rise in GDP over the engineered over-leverage years was a weak attempt to appear and keep up with China in economic growth. That appearance of course if false, the activity around Iran is just as much a push to divide and conqueror the middle-east (to control its flow of resources) and an apparent bigger objective of isolating China from resources (from the middle-east and in the future of africa's (looting and to be looted) resources via AFRICOM)
- Latest media propaganda talking point, 'a shift to [Populism]'. How dare politicians be accountable to 'of the people, by the people', don't they know 'of the corporation/banksters, by the corporation/banksters'. The strings of the puppet government need tightening it seems. Perhaps another bankster false flag to remind the populism view how scared they are, though false flag a wearing out propaganda tool. Propaganda about Afghanistan also worn out since it's not about the boogie man bin Laden and more about installing a semi-effective puppet government (Karzai's Kabul not cutting it).
- Financial propaganda media given the go to assault - mark-to-market - because deflation has been deemed 'evil' (especially when comparing your economy with China), asset prices are falling because the market and strength of the middle class has been looted, their wages do not support the artificial high prices in the market, nor does supply. And if the 'decoupling' theory of Peter Schiff are right, the funny thing is all the outsourcing by the Bush administration basically tried everything to 'couple' China economy with the US (at the expense of American jobs), because if it did not, the sound(er) money of China would (and some say does) show that a sound money economy fuels economic growth (by a self-sustaining economy), and a fiat inflation economy spurs artificial booms and busts (not good) (looting by banksters), and has the tendency to benefit those who immediately receive the inflated currency with the stronger purchasing power until the market realizes, thus rich get richer, poor get well...you know. Basically an engineered 'coupling' so that when your bankster engineered bubble burst, the attempt was to bring down everyone else (and did to some), but not to sound(er) money economies (that practice sound economic principles, no absurd lending, bailouts, etc).
- [Banker + gangster = bankster]
- [Fed lends $2 trillion without oversight -- and that is what's irritating Congressman Alan Grayson ]
- [U.S. Draft Law Would Ban Most Credit-Default Swaps] - of course even the reporting media has started a propaganda war against it, though CDS should be banned!
- Mike Rivero - take taxpayers money, give it to the banks, so they can lavish in bonuses and dividends and lend some back to the taxpayers at interest
- [Bad Bank, Bad: JPMorgan knew about Madoff much earlier, pulling cash from Madoff-linked funds last Fall]
- [Mayor Bloomberg wants to increase the sales tax in NYC (which already has one of the highest sales taxes in the country)]
- Sen. Bernie Sanders (I-VT) - [Sanders Votes No on Geithner: “He’s More of a Part of the Problem…Than the Solution”]] -- The Fed, with no transparency at all, is lending out trillions of dollars. To whom, we don’t know; under what terms, we don’t know, as well. So I think this whole issue amounts to certainly the greatest financial scandal in the history of this country. -- absolutely
- Anything but marxists, more like bankster-puppets and false right-left paradigm enablers and federal reserve trillions inflator. In fact, at this point there should be a reverse federal reserve that the poor and middle class would have a way to have stronger purchasing power than banksters when the 'if the money supply needs to be expanded' occurs, just for a sliver of balance, but the powers that be won't allow that.
Is Barack Obama a Marxist, will he redistribute the wealth to the middle class? This is the question a WFTV anchor posed to Joe Biden.
[Barbara West of WFTV employs the false right-left paradigm against Joe Biden.]
It was of course an absurd question, considering Obama is the bankster candidate of choice. Banksters do not “redistribute” the wealth downward, they direct it upward into their own coffers. In fact, the word is not even accurate. It is not “redistribution,” it is theft. The banksters are grand theft larcenists on a monumental scale. The banksters would never get behind a candidate that they truely felt would “redistribute” wealth to the middle class. They would stage a propaganda war against that candidate, similar to what was done to many other candidates like Kucinich, Paul, Nadar, etc. that would get no media time, unless after their 'looting bailout' laws are passed, like now with [Ron Paul taking calls on C-SPAN ( but he fires back "Reagan added to the deficit, grew government", Paul means well by talking about sound money, but is used by the banksters to prevent any real help/redistribution to the middle class), not voluntarily, but by the timing when the banksters propaganda choose to 'emphasize' government Laissez-faire, AFTER they've already passed the law, manipulated government and looted the coffer for this generation]
Economically, there was no middle class in feudal times, and that’s exactly why there is an assault upon the middle class today. The tax burden today is largely borne by the middle class, which pays a higher percentage of its income in taxes than the serfs of feudal days paid from what they produced. Small businessmen (regulated by bureaucrats) today have become like feudal vassals on fiefs. You and I are like the peasants of feudal times. We’re called “human capital” or “human resources,” and are to be “managed” like feudal “human chattel.” -- [Dennis L. Cuddy]
In the Barbara West video above, long time insider Joe Biden once again states that “we will be tested,” primarily because our “economy is in free fall right now,” a downfall engineered by the banksters that control minion Biden and Barack Obama, the “savior” without accomplishment or credentials. Biden is simply providing us, the commoners detested by the elite, with a glimpse of things to come after the agent of “change” is installed in the White House. Indeed, there will be change, but not the kind sold by snake oil salesmen of Biden’s ilk, similar to how Bush campaigned on a 'humble' foreign policy, but did just the opposite.
No wealth will be spread to the beleaguered middle class, as advertised. No tax cuts will be forthcoming. After Obama is anointed, the engineered economic crisis will intensify and Obama the sock puppet for the banksters and Wall Street will demand wholesale sacrifice on the part of the plebs. His CFR connected wife said as much earlier in the year. Obama, the foundation financed wunderkind shepherded by the advocate of globalist primacy, Zbigniew Brzezinski, indeed has nothing but contempt for the American people and that is why he was groomed to lead, or rather take orders. From: [Obama: “Marxist” Front Man for the Banksters]
- quote -- A democracy is always temporary in nature; it simply cannot exist as a permanent form of government. A democracy will continue to exist up until the time that voters discover that they can vote themselves generous gifts from the public treasury. From that moment on, the majority always votes for the candidates who promise the most benefits from the public treasury, with the result that every democracy will finally collapse due to loose fiscal policy, which is always followed by a dictatorship. - "The American Republic will endure until the day Congress discovers that it can bribe the public with the public's money." - Alexander Tyler / Alexis de Tocqueville --- The Fall of a Republic / The Fall of a Democracy
- [Senator Schumer Says Bad Bank Estimates Up To 4 Trillion] -- [Cost of shoring up U.S. banks may be in trillions] - MORE
- [US may spend up to two trillion to save banks: report] - [NEXT bailout, 2 trillion ] MORE (looting via inflation)
- [Wall Street's $18.4B Bonus: 'Sense of Entitlement Has Not Been Beaten Out'] -- [President Furious over Wall Street Bonuses] -- [Wall Street’s Sick Psychology of Entitlement ] --- point is that now that TARP 1, Stimulus 1 (2 trillion basically) while fed bankster res loots trillions (more than 8.5 trillion), we NOW see outrage over the looting of America by banksters and their minions
- [Stimulus Passes House With NO Republican Support] -- Quid pro quo (Congressional legalized bribery) to the bankster bailout complete, inflation commence (continue). War machine engine revs with the fuel of inflation. All about the false right left paradigm, where the marginalized and irrelevant republican party now appears unified against government spending, when there were no qualms during the bank bailout votes, nor 3 trillion in the Bush American Empire Wars and continuing and future wars to come. Democrats have no qualms voting for the banker bailout as well, some for the income disparity (this stimulus) via actual work (those lazy welfare recipients (wait that's the banksters), though [Engineering Report: It'll cost $2.2 trillion to fix America's ailing infrastructure], and if they think about stopping this machine, we get more false flag engineered acts, that's right, economic fellow slaves, engineered by the bankster engineers. Congress bought and paid for as evident by the pay raises everyone received as their minion reward for doing their masters bidding. The more corrupt the Congressmember the better as 'dirt' or insurance is on them for future extortion by these controllers. All the while 1-28-09 Jim Cramer gave his stamp of approval on Goldman Sachs, JP Morgan Chase, and Wells Fargo as expected.
- Every member of US Senate Armed Services Committee enthusiastically can't wait until the global military empire campaign shifts to Afghanistan. That's right, their purpose is to inform America about the empire's military. Not one question about whether it is in fact America's role to actually strategically dominate through militaristic and other means the middle east, russia, china, east asia, and beyond. Where is the vague concept of a humble foreign policy through the peace maker of America, it's not even campaign rhetoric anymore, or talking about the poor for that matter? Seems a one-sided American understanding is through the crosshairs of a rifle and targeting mechanism of a missile launcher. Where is the daily debate on every news media about whether Americans actually want an empire or whether it should engage in preemptive nation engineering; similar to the propaganda media to run-ups to wars? But just convince Americans that they're in danger of being attacked, that their saftey and security are in danger, and they will gladly shred the Constitution, say it never existed, it was a conspiracy, call the founding fathers terrorists, and their blood-lust will run deeper than all the oceans of military spending and inflated, devalued America's future.
- [Ron Paul: The Biggest Bubble in the History of the World]
- [TARP 3 and 4 Are on the Way]
- [Homeless man gets 15 years for stealing $100. He said that he was homeless and hungry and left the bank. The next day he surrendered to the police voluntarily and told them that his mother didn’t raise him that way.] -- [Madoff steals 50 billion, Bernard Madoff avoids jail in his penthouse]
- [52% of bailout to banks being paid in dividends to shareholders]
- [Banks still paying dividends to shareholders, if bailout passes here's a good place to watch wealth transfer] - they actually paid a higher dividend in Sept. 08 than in previous years, no one who received taxpayer money should be paying dividend
- [The World Won't Buy Unlimited U.S. Debt: We're asking others to sacrifice for our 'stimulus.'] -Peter Schiff
- Congresswoman on the ["revolving door between Wall Street and the White House"] - banks hoarding cash, engineering a depression to consolidate competitors, ya, that's right
- conference call -- [Bank of America hosts Anti-Union conference call before 2008 Election] -- [Bailout Recipients Hosted Call To Defeat Key Labor Bill ] there are ways to give money C4's and C6's (and foundations) to push their agenda
- conference call -- [bailout attempted months in advance] -- bankster conference call day before the martial law bailout vote
- 1-26-08 -- [Dennis Kucinich States His Intention To Put The Federal Reserve Under Government Control] -- yes the federal reserve should be under the US treasury, what does this exactly mean? That Congress will have the power once again as the Constitution states to regulate the money supply, not outsourced to a private cartel at their whim as is now that create interest thus stealing wealth from savers. This is one reason why American's don't save, because we are well aware of the theft of inflation by these banksters who enjoy the immediate purchasing power of newly created money in the market.
- [Federal Reserve will offer $150 billion in 84-day credit through its Term Auction Facility today.] That's ~20% of Obama's 850 billion in one day, with no oversight, vote appropriation.
- [$559 Million Worth of Bribery -- Halliburton Leading the Way! ] only half a billion
- [America's roads, public transit and aviation have gotten worse in the past four years. Water and sewage systems are dreadful. The basic physical backbone of American society is barely above failing, a report by top engineers says] -- yet those try to paint this as merely as life under GOP rule, but there has been neglect of American by both parties for decades since the false-left right paradigm use it as an issue while destroying America in wars, looting, and so on.
- [Yes the puppet Bush admin was a failure (for America) and ironically a success (for corporations and banksters) in looting America, stealing oil in Iraq, cutting taxes on the wealthy, gutting great society programs and leaving the super rich are richer than ever (and carrying out 9/11 false flag)] -- now things are wrecked and looted to the point H.W. and his demonic cabal are closer to a New World Order, so far little hope to reverse this under the puppet admin of Obama, just the way the puppeteering oligarchy are engineering it. And yes we are all overtaxed (primarily the small business that was the yesterday of American economy), though being enslaved by debt to repay banksters, where lobbyists and Congress spent America into debt/interest servitude (while giving themselves pay raises), not exactly a good thing.
- [A gang of GOP crooks deliberately impoverished millions with a calculated program of unfair taxation from which only the top one percent benefited] - just a bit wealth disparity between the banksters and taxpayers, though their looting bailouts don't help this or [19 Senators Who Trust Our Money With bankers, But Not for Infrastructure] -- now it's one thing to wake up to looting America, but when it's OK for banksters, but not for infrastructure that people would benefit, just a bit wrong. Though government intervention of bailouts of corporations even more (wrong).
- Along with all that infrastructure the banksters are buying, [An obscure new rule pushed through the Federal Highway Administration requires public toll roads to collect 'fair market value' from drivers, rather than to serve the public interest]
- [Barney Frank proposing complete and utter control in financial regulation of US companies by privately ran Federal Reserve, what could possibly go wrong?] -- other than more takeover powers of the US by these banksters
- [Domestic Gitmos? Pentagon studies which U.S. military bases could be used as a detention center to replace the facility in Guantanamo Bay] -- [The US Has 761 Military Bases Across the Planet, and We Simply Never Talk About It] - can't forget about FEMA camps and the secret rendition bases in [Egypt, Jordan, Syria, Morocco, and Uzbekistan], [Poland], etc. as well
- Watching CNBC this morning: Republicans want a tax cut for businesses "to create jobs." These financial propaganda media are ignoring that businesses only hire for demand. They really want a tax cut for rich.
- Isn't it interesting that from government's perspective, they want taxpayers to consume (they also want inflation to grow out of deficits and the national debt, but devaluing (stealing) all wealth of savers as a byproduct), yet you didn't hear this advice until after the bailout votes, then the financial propaganda media (for good or bad intentions) went ballistic telling American's to save, a trigger for a [Paradox of thrift], e.g. Dr. Phil had a show the week of Oct 6-10, 2008 called [Financial 911], and had all the talking heads, Ben Stein, Amelia Warren Tyagi, Jim Cramer to appease a wide-range of demographics. [September 23, 2008 Recession-Proof with Suze Orman] or [Oct 3, 2008 for Oprah's: Financial Crisis 101] also had a similar show telling American's to be very frugal during this time. Now although saving is sound advice that should be given, this is exactly the opposite advice that will spur economic activity (now necessary growth), the timing of course is coincidental and simply reactionary for the advice. Yet there's another reason for the good advice of saving (which it is) is that it explained the financial crisis from the banksters fed res point of view about how it was the fault of Americans who couldn't afford their mortgage payments, putting the blame on Americans, i.e. the subprime mortgage excuse, instead of derivatives, cdo's, and bailouts to loot taxpayers.
- [Where did the Bailout Money Go? They Won't Say The Fed is committing trillions and they won't say for what use, nor about collateral is used] - because the US is being LOOTED! the biggest heist EVER, and you're too hope drunk to care
- [Ron Paul: The Poor & Middle Class Are Suffering While The Elites Are Being Bailed Out!]
- [Dollar is "Absolutely Doomed"]
- [Financial propaganda media touting bankster institutions as worthless, yet won't talk about letting them fail] -- so they can loot Americans more in bailouts, the only time they allow gloom and doom talk when they want more bailouts. But they quickly change the topic when discussing allowing them to fail.
- [Whistleblower: NSA Spied On Everyone, Targeted Journalists] - [Olbermann video: Russell Tice alleges NSA spying way more extensive than were told ]
- [Chris Cox Resigns from SEC] - the more things appear to change (of personnel), the more they actually stay the same (the system and policies of corruption)
- [Obama Treasury Nominee Geithner was “involved in just about every flawed bailout” of the Bush era]
- [Orwell's 2009]
- [Bank of America and Citi receive $440 billion more in bailouts...When will this madness stop?!]
- [rigged Stock market returns by Presidential terms compared with their day of inauguration returns] -- seems when Reagan created derivatives in '82, the bubble was created, now that that scam is exposed (engineered) through a profiting crash in the know, the decay of a US manufacturing, producing economy shows itself. Isn't globalization great? The market won't even retain value with inflation, guess that's what gold's for, like you see with all these gold kiosks and commercials basically doing a subtle gold voluntary seizure.
- [1/20/2009 Part 2/2 Peter Schiff On Kudlow & Co: Worst Day For Stocks Since Dec 1st] - financial propaganda media bankster minions spouting the talking points --- hyper stagflation
- [The idea that "elites" will "get serious about repairing the safety net" if they are FIRST given billions of dollars... is the height of naivete.]
- [Federal Budget Allocation (infographic)]
- [Prominent Economist: Crisis Caused By Government Interventions ]
- bit of satire - [South Park - Obama] - as in the 2nd and 3rd clips or the [Change Zombies]
- [Ron Paul against Obama's spending (since it's taboo to the zombies against any legitimate criticism of the destruction of the economy) 01/16/2009: Obama Is Confused] - yet Obama dines with conservatives and meets with liberals of the propaganda media to get them inline on the talking points. Not very objective in their blatant propaganda that be misinterpreted as journalism. Though it worked, there was virtually no critique of vote by the Senate for part 2 of the TARP supported by Obama.
- TARP 2 (350 billion) - released by the Senate 1-15-08 -- the request bill was written in such a way that the 'NO' votes are the traitor votes, the 'YES' votes actually are refusing the resolution, a refusal to authorize the second half of TARP looting [within a 15 request for it] by Bush who authorized both parts of the TARP. Just a bit of logical negation to obscure what Congress did to the 'commoners' known as the American people. As if to say I didn't not vote for it. According to the senate [roll call] ((should have voted YEAs 42, Traitor NAYs 52, Present 2, Not Voting 3)) the 'Joint Resolution' was Defeated, which actually authorized the 2nd half of the TARP. Interesting that was no vote in the House on part 2 of the TARP, must have been automatically authorized in their first vote (because there seemed to be much controversy there in initially passing TARP #1 (how dare reps. actually be swayed and listen to their constituents, the American people)). So a facade of actual democracy was theatrical contrived and engineered to appear like there was a choice, when the initial TARP vote in September was first rejected by the House, then put into the Senate that passed overwhelmingly. So it was a done deal that the Senate would come through again, and sure enough they did. Though the democrats wouldn't dare not authorize part 2, because this part is for 'infrastructure' for the people supposedly, at least that's what they were either told, think, or have the American people think. Part 1 of TARP (350 billion) was sinisterly spent by Bush and given to the banksters. And all will be different under Obama. Though the TARP was all a distraction to begin with when the fed res bankster cartel is printing to 8.5 trillion, what I've added to 10.3, and with Obama's economic stimulus plan [$825 billion] will easily put the looting over 11 trillion.
- [Economy rescue: Adding up the dollars] only reporting 7.8 billion of bailout looting instead of 8.5 billion reported months ago - and reporting after TARP 2 authorized [Americans overwhelmingly say federal bailout has not been effective and majority want the government to stop providing money to banks] - buy hey, there's more important things to report, i guess instead of America being looted
- [Most banks that received bailout money are using it to pay down debt, acquire other businesses or invest for the future, not lending.]
- [If we are to be looted Part 2 for TARP 2] - of course, these banksters should be thrown in jail, not thrown taxpayer's children's wealth
- [Ron Paul: "If we're looking for a solution, we have to have liquidation of debt. We don't want to prop up the bad debt." ]
- [The financial propaganda media throwing Citigroup and Bank of America under the bus] - (or to attempt to justify their TARP looting of taxpayers) - [Bailed-Out Firms Use Offshore Tax Havens] - [U.S. Subsidiaries in Offshore Tax Havens] - [Report Finds Major U.S. Companies Have Offshore Tax Havens; Some are receiving bailouts ] - Citigroup has 427 subsidiaries in offshore havens like the Cayman Islands, British Virgin Islands and Switzerland, BofA 115 subsidiaries in offshore havens, Morgan Stanley 273 - hmm, it's almost as if the Washington Post & the NY Times reports on it, then its propaganda reporting for a reason of the agenda or other times it seems after a story comes out, they're excellent at reporting AFTER the fact, instead of the investigative expose. Like how there has not been a retraction for the Gulf of Tonkin story ever. ---- Seems Goldman Sachs, JP Morgan Chase, and Wells Fargo to be the 3 banksters of America. In the UK, [The Bank Bailout in England now adds up to 1 Trillion Pounds, or 2/3 of GDP. A bailout of that relative size in the U.S. would be $10 Trillion]
- [Bank of America gets funds from the TARP 3 different times. The corporatist government is now officially rewarding incompetence and greed.] - 3 different times for approx. 50 billion, hey, a Madoff scam & bankster criminals!
- Isn't it interesting that the talking point is about liquidity, that banks just won't lend for fear and uncertainty in the market, yet if Congress wanted to, it could instruct the federal reserve or simply pass a bill requiring them to provide all the liquidity as needed, to become a lender of last resort to a lender to continue normal economic activity (selling bonds along the way as collateral that actually set interest rates). But no, it won't do this. Seems the US would rather switch from Miltonian to Keynesian views and vice versa based on unemployment % number. Yet each switch does not address the fundamental problem that the US does not produce, it consumes.
- The federal reserve discount rate is less than 1% at .5%, the fictictious liquidity excuse is nothing to prevent the federal reserve from printing more fiat money that has nothing backing it and accepting corrupt labeled as toxic assets (not toxic, just that banksters don't like the market price for these assets, and parlor bets of derivatives, CDO's have been created to receive bailouts). Yet the federal reserve is cutting of liquidity and hoarding cash by raising bank reserve requirements.
- Private bank federal reserve cartel is engages in 'bilateral currency swap agreements' with 14 foreign banks (2-10-09 testimony to 'Federal Reserve Response to the Financial Crisis'), trading foreign currency for dollars, avoiding the exchange rate risk/tax benefiting the offshore banks. Dollars are being inflated or devalued via the 'printing press', and the bankster cartel is basically buying foreign currencies through this 'swap'.
- Some like to rewrite history, one such example, the GE Goldman Sachs Cramer pushes the book 'The Great Crash of 1929' that appeases the bankster federal reserve instead of books like 'The Creature from Jekyll Island' by G. Edward Griffin that cast the banksters as the creators of bubbles, crisis, and social engineering part of the international banksters they are. Not to mention a word about the [advice] or [slightly worse than a coin toss (just the way a casino likes it)].
- [National Bank of Kuwait has fully reimbursed all its clients who lost money in the alleged $50bn Ponzi scheme run by New York broker Bernard Madoff]
- [Santander to reimburse Madoff victims]
- [Spain's Banco Santander Offers Madoff Victims Reimbursement]
- ^ "Fannie Q2 10Q Report" (pdf). United States Securities and Exchange Commission. August 8, 2008.
- ^ "Freddie Mac Consolidated Statements of Income (Unaudited)". Freddie Mac. August 6, 2008.
- ^ http://www.whynot.net/ideas/755
- ^ http://news.yahoo.com/s/ap/20081001/ap_on_bi_ge/mortgage_aid_8
- ^ http://www.reuters.com/article/ousiv/idUSTRE48O9B920080925
- ^ http://www.washingtonpost.com/wp-dyn/content/article/2007/08/10/AR2007081000689_pf.html
- ^ http://www.thehindubusinessline.com/businessline/blnus/10261551.htm
- ^ http://www.democracynow.org/2008/9/22/sen_bernie_sanders_robert_scheer_and
- ^ http://www.bloomberg.com/apps/news?pid=newsarchive&sid=a8DIq9yO0vzY
- ^ http://www.washingtonpost.com/wp-dyn/content/article/2008/06/18/AR2008061803225.html
- ^ http://www.opednews.com/articles/opedne_rob_kall_071121_treasury_sec_paulson.htm
- ^ http://www.telegraph.co.uk/money/main.jhtml?view=DETAILS&grid=&xml=/money/2008/09/13/cnwamu113.xml
- ^ http://online.wsj.com/article/SB122142278543033525.html
- ^ http://ap.google.com/article/ALeqM5hHts3gSHE_WcIZt-IgZWwYpgmeewD937BLMO0
- ^ http://www.nytimes.com/2008/09/17/business/17insure.html
- ^ http://business.timesonline.co.uk/tol/business/industry_sectors/banking_and_finance/article4761702.ece
- ^ http://www.nysun.com/business/ex-sec-official-blames-agency-for-blow-up/86130/
- ^ http://www.nytimes.com/2008/10/03/business/03sec.html
- ^ http://bigpicture.typepad.com/comments/2008/09/regulatory-exem.html
- ^ http://news.yahoo.com/s/ap/20080918/ap_on_bi_ge/sec_short_selling
- ^ http://www.usatoday.com/money/perfi/funds/2008-09-19-treasury-insure-money-market-funds_N.htm
- ^ http://www.cnn.com/2006/US/09/08/911.overview/index.html
- ^ http://www.cnbc.com/id/26727113
- ^ http://banking.senate.gov/public/_files/LegislativeTextofChairmansDoddsproposalfortheTreasuryBailoutplanAYO08B68_xml.pdf

