VP guarantees a generated crisis after the election - WTF!
"And here's the point I want to make. Mark my words. Mark my words. It will not be six months before the world tests Barack Obama like they did John Kennedy. The world is looking. We're about to elect a brilliant 47-year old senator president of the United States of America. Remember I said it standing here if you don't remember anything else I said. Watch, we're gonna have an international crisis, a generated crisis, to test the mettle of this guy. And he's gonna have to make some really tough - I don't know what the decision's gonna be, but I promise you it will occur. As a student of history and having served with seven presidents, I guarantee you it's gonna happen. I can give you at least four or five scenarios from where it might originate. And he's gonna need help. And the kind of help he's gonna need is, he's gonna need you, not financially to help him, we're gonna need you to use your influence, your influence within the community, to stand with him. Because it's not gonna be apparent initially, it's not gonna be apparent that we're right. Because all these decisions, all these decisions, once they're made if they work, then they weren't viewed as a crisis. If they don't work, it's viewed as you didn't make the right decision, a little bit like how we hesitated so long dealing with Bosnia and dealing with Kosovo, and consequently 200,000 people lost their lives that maybe didn't have to lose lives. It's how we made a mistake in Iraq. We made a mistake in Somalia. So there's gonna be some tough decisions. They may emanate from the Middle East. They may emanate from the sub-continent. They may emanate from Russia's newly-emboldened position because they're floating in a sea of oil."
READ THE ENTIRE TRANSCRIPT AT THE CHICAGO SUN TIMES WEBSITE
Saturday, October 25, 2008
Sunday, October 19, 2008
The Al Smith Memorial Dinner in NYC reveals the US Election Program. These guys just play two different parts from the same script. The Al Smith Memorial Dinner is two weeks before the US Presidential Election in NYC. It features both candidates making light of each other. However under closer scrutiny it is an aggressive disinformation operation which weakens any serious challenges to the character or qualification of either candidate.This event distracts attention from the policies or agendas that the next president may implement. It also brings into question the influence of the Vatican on official US policy.
...of course on the brighter side these guy got off some great jokes !
John McCain - The Al Smith Memorial Dinner Speech
Barack Obama - The Al Smith Memorial Dinner Speech
The Alfred E. Smith Memorial Foundation Dinner is an annual charity fund raiser for Catholic Charities. It is organized by the Alfred E. Smith Memorial Foundation in honor of former New York Governor Al Smith, the first Catholic presidential candidate. The first dinner was in 1945, the year after Al Smith's death. The 2008 dinner raised $3.9 million.In recent years the candidates have traditionally given humorous speeches.
Special bonus - Sarah Palin on SNL The practice of the candidates appearing on a comedy skit show like SNl helps blur the line between what are the policies of the campaigns and what is a twisted joke !
A more Esoteric level here
Wednesday, October 15, 2008
President Bush, in introducing the plan, described the interventions as "limited and temporary."
"These measures are not intended to take over the free market but to preserve it," Bush said.
And in offices around the country, bankers simmered.
Peter Fitzgerald, chairman of Chain Bridge Bank in McLean, said he was "much chagrined that we will be punished for behaving prudently by now having to face reckless competitors who all of a sudden are subsidized by the federal government."
At Evergreen Federal Bank in Grants Pass, Ore., chief executive Brady Adams said he has more than 2,000 loans outstanding and only three borrowers behind on payments. "We don't need a bailout, and if other banks had run their banks like we ran our bank, they wouldn't have needed a bailout, either," Adams said.
The opposition suggested that the government may have to continue to press banks to participate in the plan. The first $125 billion will be divided among nine of the largest U.S. banks, which were forced to accept the investment to help destigmatize the program in the eyes of other institutions.
"I'm not sure we've heard from any that want to participate," said Karen Thomas, vice president for government relations at the community bankers group, which represents about 5,000 banks. "That said, if any community banks do enroll, we anticipate it will be just a small minority."
Federal regulators said they did expect some banks to volunteer, though none stepped forward yesterday. But they added that they would not rely on volunteers. Treasury will set standards for deciding which banks can be helped, and the regulatory agencies will triage the banks they oversee: The institutions faring best and worst will not receive investments. The institutions in the middle, whose fortunes could be improved by putting a little more money in the bank, will be pushed to accept the money from the government.
Also yesterday, the Federal Deposit Insurance Corp. said it will create, essentially, two new insurance programs.
The basic insurance program still guarantees all bank deposits up to $250,000. A new supplemental program guarantees all deposits above $250,000 in accounts that don't pay interest. The program basically covers accounts used by small businesses.
Separately, the FDIC is creating an insurance program to encourage investment in banks by guaranteeing that investors won't lose money. Participating banks will pay the FDIC a fee of 75 cents on each $100 in debt that they sell to investors. The FDIC will guarantee through June 2012 the debt issued by participating banks before the end of June 2009. If the bank goes bankrupt, or defaults on its debt, the FDIC will pay the investors. from the Washington Post
Thursday, October 9, 2008
Interview with Naomi Wolf author of "Give Me Liberty: A Handbook for American Revolutionaries" given October 4, 2008 on Mind Over Matters, KEXP 90.3 FM Seattle.
Watch the talk by Naomi Wolf on "The End of America"
WHAT IS MARSHALL LAW ?
ARREST THEM ALL AND LET GOD(COURTS) SORT THEM OUT
MAX KEISER and the US Economic Future
MAX KEISER on GOLDMAN SACH & HANK PAULSON'S Hi Jack of the US Economy
HAL TURNER on What This Way May Come ?
Saturday, October 4, 2008
Economics 101- You cannot solve a debt crisis with more debt !
It's like you are with a friend at a casino, your friend loses all his money then threatens you with violence unless you give him your credit card for cash advance !
REP BRAD SHERMAN EXPOSES AGENDA
How much bribe money does it take to transfer $700 Billion taxpayer dollars to Wall Street's elite?
GOLDMAN SACHS CONTRIBUTIONS:
Obama, Barack (D-IL) $691,930
Clinton, Hillary (D-NY) $468,200
Romney, Mitt (R) $229,675
McCain, John (R-AZ) $208,395
Himes, Jim (D-CT) $114,748
Giuliani, Rudolph W (R) $111,750
Dodd, Christopher J (D-CT) $105,400
Edwards, John (D) $66,450
Specter, Arlen (R-PA) $47,600
Emanuel, Rahm (D-IL) $32,950
Reed, Jack (D-RI) $30,100
How much money did your Represenative get from Big Bankers to look the other way and pass a bill that the American people clearly do not want?
SEE THE FULL STORY AT THE MARKET TICKER.COM
WHAT HAS CHANGED BECAUSE OF THE PASSING OF THIS BILL ?
HOW COME RON PAUL IS THE ONLY POLITICIAN THAT "GETS" THIS POINT ?
WHAT DOES JIM ROGERSTHINK ABOUT THE FUTURE OF THE USA /DOLLAR ?
I agree with Jim Rogers on most points other than he suggests trusting the central banks of England and China, who are also in on the deal. He is a partner with George Soros so he's part of the Fabian opposition whether he knows it or not, however his views on the dollar are dead on !
LISTEN TO A GREAT DISCUSSION
Bailout & Financial Turmoil
Investment adviser Catherine Austin Fitts was joined by financial commentators Bill Murphy (2nd hour) and Andy Gause (3rd hour) to discuss the current state of the economy, bailouts, and how fraud and manipulation are at the root of our financial turmoil.
We've been draining value out of the real economy, and the proposed bailout will just funnel investments into propping up the bubble, said Fitts, suggesting that the plan will actually send money from Main St. to Wall St., instead of the reverse. What's going on with the bailout is more than theft, "it's a coup détat" -a "reengineering of government institutions," she declared. Fitts has listed 10 reasons not to bail out Wall Street in her recent blog entry.
Murphy, who's done extensive research to show the price of gold has been suppressed and manipulated, commented that the free market process has been thwarted in the US. Gause metaphorically described the huge amount of debt as "radioactive and toxic." This pool of mortgages has been changed at the atomic level and can't be put back together-- it can only be taken out to a field and covered with a tarp, he opined. In the last hour, Fitts took calls from 'sound off' listeners.
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