Money (24)

Source: Infowars

If we are to believe the Washington Post, French president and current EU leader Nicolas Sarkozy has pledged to save us from nameless “freewheeling bankers and traders” who get the blame for the current economic crisis.

Sarkozy, Gordon Brown, and EU honcho José Manuel Barroso are talking up an international summit to discuss an “urgent overhaul of the world’s financial architecture,” that is to say a new Bretton Woods to establish a brand spanking new international economic order. Sarkozy has managed to grab George Bush’s ear and he will travel to Washington on Saturday to lay the groundwork for a conference.

Source: George Washington's Blog

If a bully threatens to beat up a skinny kid if he doesn't give him his lunch money, and the bully doesn't have to follow through because the kid does fork it over, does that mean that the aggressive kid isn't a bully?

Of course not. He's a bully because he threatened to beat up the skinny kid and used coercion to get his way.

Well, Congressman Sherman said that congress was threatened with martial law this week. Specifically, he says that Congress was told martial law would be imposed if they didn't pass the Paulson bailout proposal.

Martial law means that the separation of powers which the Founding Fathers enshrined in the Constitution are destroyed, and an all-powerful executive branch calls the shots.

Is the threat of imposing martial law any different than actually imposing it?

No. Congress is just like the skinny kid.

Just because it forked over $700 billion or more in our lunch money based upon coercion by the thugs in the executive branch doesn't mean that the thugs are still following the separation of powers or anything else in the Constitution.

Remember that, for years, Congress has operated under "martial law" provisions which force Congress members to vote on legislation without having time to adequately read and review it.

Remember also that the U.S. has been in a declared state of national emergency for 7 years, and normal constitutional provisions were probably long ago superseded.

As University of California Berkeley Professor Emeritus Peter Dale Scott has warned:

"The systems of checks and balances established by the U.S. Constitution would seem to be failing.

To put it another way, if the White House is successful in frustrating [Congress' requests], then [the declared state of emergency] has arguably already superseded the Constitution as a higher authority."

And remember that U.S. troops are being stationed inside the U.S. to suppress "civil unrest".

Whether or not there is martial law in name, there is martial law in fact.

Source: George Washington's Blog

Democratic and Republican congress members are sounding the alarm: tyranny is here.

For example:

• Rep. Michael Burgess (R-TX) says:

“I have been thrown out of more meetings in this capital in the last 24 hours than I ever thought possible, as a duly elected representative of 825,000 citizens of north Texas.”

Burgess asks the Speaker of the House to post the bailout bill on the internet for at least 24 hours instead of passing the largest piece of legislation in US financial history in the “dark of night.”

Rep. Burgess’ says, “Mr. Speaker I understand we are under martial law as declared by the speaker last night.”

• Congresswoman Kaptur (D-OH) says:

“My message to the American people don’t let Congress seal this deal. High financial crimes have been committed.

The normal legislative process has been shelved. Only a few insiders are doing the dealing, sounds like insider trading to me. These criminals have so much political power than can shut down the normal legislative process of the highest law making body of this land.

We are Constitutionally sworn to protect and defend this Republic against all enemies foreign and domestic. And my friends there are enemies.

The people pushing this deal are the very ones who are responsible for the implosion on Wall Street. They were fraudulent then and they are fraudulent now.”

Of course, there are many other indications that tyranny has already come to Amerca, including the permanent stationing of U.S. troops inside the country to quell "civil unrest" and the probable suspension of normal constitutional government for a state of emergency "continuity of government" operation.

Indeed, many people, including high-level politicians, have been warning of tyranny in the U.S. for some time.

As two of many examples:

• Former prominent republican congressman Bob Barr stated that the U.S. is close to becoming a totalitarian society and that the Bush administration is using fear to try to ensure that this happens.

• Current U.S. Congressman Ron Paul stated, the government "is determined to have martial law", and that the government is hoping to get the people "fearful enough that they will accept the man on the white horse"

Source: Rense

"THE AMERICANS ARE ENTITLED TO KNOW WHO ROBBED THEM." - HANG 'EM HIGH!

Seven years after 9/11, we witness another, greater and even more enjoyable collapse, that of the American financial pyramid. It took some twenty years in building; its collapse took only a few weeks. Let us cut the hypocritical crap: this was a wonderful show, no ifs, ands or buts. The US stock markets boomed when they bombed Baghdad and Belgrade, they prospered when they robbed Moscow and squeezed sweat from Beijing. When they had it good, they had plenty of money for invading Iraq, threatening Iran and strangling Palestine. In short, when it was good for them, it was bad for us. Let them have a taste of their own medicine!

"They" are not the Americans, and "we" are not the rest of the planet. "They" are a small sliver of the American population, the get-rich-quick crowd from the East Side of Manhattan and similar places. The last twenty years witnessed a great shift of money upwards, to a smaller and smaller pack of greedy beasts. While the majority of Americans lost the ability to send their children to universities, these fat cats bought themselves villas in Florida and houses in Tel Aviv. Worse, they spent their billions buying up the media in order to subvert American democracy and send American soldiers to fight wars in far-away places. A big part of the stolen money was siphoned off to (counterfeit-)Israel, where apartment prices went through the roof and are still rising.
http://jahtruth.net/freedman.htm

They had it good; they were proud that the financial charts of the US and of the world were drawn up in a small room by Henry Paulson of the Treasury, Ben Bernanke and Alan Greenspan of the Federal Reserve, by Maurice Greenberg of A.I.G. They built their world surrounded by Lehman Brothers, Merrill Lynch, Goldman Sachs, Marc Rich, Michael Milken, Andrew Fastow, George Soros, et al. Their exciting new world of Lexus and Nexus was glorified by Tom Friedman of the New York Times. They gave the Nobel Prize in Economics to Myron Scholes and Robert C. Merton, proud board directors of the now infamous Long Term Capital Management hedge fund that was bailed out by the Federal Reserve Bank of New York to the tune of $3.6 billion. President Bush rewarded them for their unaccountability by releasing them from the burden of taxation. Let them pay now for all the fun they had.

Source: Crisis

 

They make it out of nothing by giving out loans, but they make us pay these loans back with interest.

The financial crisis has been in the headlines for a little more than a year now since it kicked off with the subprime mortgage loan imbroglio in the United States, and a lot has been written with varying degrees of accuracy and precision to explain how specific aspects of this crisis have come about. However, not so much has been published, and certainly never in the mass media, about how the current financial system’s need for exponential growth is the underlying cause of the speculative bubble and hence of the very crisis itself, in addition to being directly linked to the energy and food crises. Thus I would like to take advantage of this opportunity to discuss not the credit crisis but instead the background to it, which shows how the current financial system is an enormous fraud on ordinary working people while at the same time being a danger for the sustainability of life on our planet. This will bring us to an understanding of the role played by the banks as the main culprits for the whole situation.

Presidential candidate Barack Obama claims to have returned all the tainted money associated with a jailed financial supporter charged with corruption, but the Illinois senator’s figure doesn’t account for more than $50,000.

Indicted for extortion, influence peddling and conspiracy, Chicago businessman Antoin Rezko is a longtime Obama backer who has given the Illinois senator at least $200,000. After being indicted for plotting to squeeze millions of dollars in kickbacks out of firms seeking state business, Obama decided to distance himself from the shady businessman.

Obama reluctantly gave $77,335 that had been donated by Rezko to charity and the senator severed ties with him as his February 25 federal trial approached. Rezko, also a big contributor to Illinois Governor Rod Blagojevich, is also charged with taking $10.5 million from a large company through fraud and swindling of group investors.

Source: Sun-Times

September 26, 2006 - BY DENNIS CONRAD

Senator's family rakes in nearly $1.7 mil. in 2005

WASHINGTON -- For the Barack Obama household, 2005 was a very good year.

Not only was Obama sworn in as a freshman U.S. senator, but he reaped big bucks from book deals and his wife got her own promotion and hefty pay raise.

Their total reported household income surpassed the total from the seven previous years combined.

Sen. Barack Obama's family raked in nearly $1.7 million in 2005.

Their total reported household income surpassed the total from the seven previous years combined.

According to joint tax returns filed with the Internal Revenue Service, the Obamas, with their two girls, had $1.67 million in total income last year.