Random Thoughts From The News About The Bail Out

ABC News

ABC News’ Tahman Bradley and Arnab Datta Report: Former House Speaker Newt Gingrich, R-Ga., on Sunday described Treasury Secretary Henry Paulson’s request for billions of dollars to buy debt from struggling Wall Street financial firms as “un-American” and said the secretary should have stepped down.

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CNN Money

Stocks skidded Monday, with the Dow slumping nearly 778 points, in the biggest single-day point loss ever, after the House rejected the government’s $700 billion bank bailout plan.

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Bloomberg

“You let essentially Lehman Brothers go bankrupt but you save AIG and you save other brokers by merging them with banks and then you come with a bailout plan that should be paid by the taxpayer, when Wall Street last year in total received a compensation of $69 billion – $38-39 billion of which were bonuses paid to the executives essentially of Wall Street.”

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Daily Newscaster

“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.” Said Congressman Burgess.

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.”

The most frightening part of Rep. Burgess’ one-minute floor speech is when he says, “Mr. Speaker I understand we are under Martial Law as declared by the speaker last night.”

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Life After The Oil Crash

Last week, according to Reuters, “U.S. banks borrowed a record amount from the Federal Reserve nearly $188 billion a day on average, showing the central bank went to extremes to keep the banking system afloat amid the biggest financial crisis since the Great Depression.”

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Guardian

A shattering moment in America’s fall from power

The global financial crisis will see the US falter in the same way the Soviet Union did when the Berlin Wall came down. The era of American dominance is over

Blowback Over Obsession DVD

Blowback: consequences that resulted when an intelligence agency participated in foreign media manipulation

From the Daily Kos:

On Friday, September 26, the end of a week in which thousands of copies of Obsession: Radical Islam’s War Against the West — the fear-mongering, anti-Muslim documentary being distributed by the millions in swing states via DVDs inserted in major newspapers and through the U.S. mail — were distributed by mail in Ohio, a “chemical irritant” was sprayed through a window of the Islamic Society of Greater Dayton, where 300 people were gathered for a Ramadan prayer service. The room that the chemical was sprayed into was the room where babies and children were being kept while their mothers were engaged in prayers. This, apparently, is what the scare tactic political campaigning of John McCain’s supporters has led to — Americans perpetrating a terrorist attack against innocent children on American soil.

This is the stuff that drives me crazy and is the direct blowback from the Clarion Fund’s mass distribution of “Obsession” to Swing states less then 40 days away from an election.

Instead of someone going to the Mosque and being really honest and asking for opinions from Muslims about how they feel the movie portrays them. Some one buys into the fear and besides that all Muslims must be radical.

I haven’t mentioned either that I have now received 2 “Obsession” movies. One in my Sunday paper, and then a week later another one in a direct mail piece.

Ron Paul: Wall Street Crisis is Corporatism

Paulson & Bernanke, Creating The New World Order

Isn’t it convenient that Treasury Secretary Henry Paulson is the former CEO of Goldmans Sachs Group. Which along with Morgan Stanley, are set to benefit the most from the $700 Billion “Bail Out“.

not to Mention the recent acceptance of Morgan Stanley and Goldman as commercial bank subsidiaries, that are now set up to receive deposits, and gives them the same access as other commercial banks to the Fed’s emergency loan program.

But Robert J. Ellis, a senior vice president at Celent, a financial-services research firm, said he wouldn’t be surprised if the firms each struck a deal “within weeks” to merge with a bank, in an effort to quickly build their deposit base.

Ron Paul has criticized the government for their bail out plan, and lays out a brilliant summary of what has gotten us into this mess here. We don’t need more government intervention, it will only lead to greater instability and push us closer to the edge.

Chris Dodd, of course doesn’t mind if the government passes the bail out, as long as government has control over the companies they bail out. The Government already took control of Fannie and Freddy earlier this month.

The New York Times even calls this bail out the “financial equivalent of the Patriot Act.” It is nothing more then a power grab. This whole financial melt down has been planned and executed to perfection. There have been dozens if not hundreds of financial experts in the last decade that have warned us of this. It is a huge shift of power to the executive branch.

Adam Davidson of NPR blogs about the so-called bailout bill as follows:

I would guess that this has to be one of the biggest peacetime transfers of power from Congress to the Administration in history. (Anyone know?). Certainly one of the most concise.

The Wall Street Journal, in an article titled “The New World Order: More Banks Will Need Capital Infusions”says

that the government acted to save investment banks that were so interconnected with other banks that their failures would have endangered the system, and the way the new system is shaking out, banks will be more interconnected with their financial partners than ever.

There is alternative plans though,Rep. Dennis Kucinich (D-OH) outlined a proposal he said would create

“a genuine ownership society,”

By giving taxpayers a stake in the companies the government will be saving with its proposed $700 billion package. Kucinich wants to set up the “United States Mutual Trust Fund” to convert assets purchased by the government into shares that would be distributed to every man, woman and child in the country. Every American would receive about $2,300 worth of shares because that is the cost of the bailout package to each individual. Of course this plan is not being talked about.

So the Bail out, if it was passed right now, would give Ben Bernanke, the head of the federal reserve. Which does NOT work for the United States government. They are a private business that is in the profits industry. Along with Henry Paulson the complete control over who gets the $700 Billion, and what they buy with it. They could easily use the money to buy as much gold as they can to try and stabilize the markets. Of course that sounds like a good thing, but then you realize, we “The Tax Payers”, are paying for the federal reserve to buy real gold.

So they get the real assets, and we get the bill!

This sounds a lot like the Untied States taking a big leap into Fascism. I know when people hear that word they automatically think or Nazi Germany, and denounce that anything like that could happen here. But a simple definition for Fascism is simply when the decision of the government are made to accommodate the best interest of corporations instead of the people.

Fascism

A system of government marked by centralization of authority under a dictator, stringent socioeconomic controls, suppression of the opposition through terror and censorship, and typically a policy of belligerent nationalism and racism.

Whats nerve racking is the amount of main stream news, The Wall Street Journal, The BBC, even China,that is calling this crisis the creation of the New World Order.

Don’t forget their motto, “Order out of Chaos”

Is The Financial Crisis Part Of A Fascist Coup?

In one of the most passionate articles I’ve read in a long time, Larisa Alexandrovna from the Huffington Post lays out what could be the possible plans of a fascist  coup against the American People. An intentional coup to transfer unprecedented power to the Executive Branch and place public funds in the hands of the global corporate elite.

Alexandrovna stats:

We are in a crisis so dangerous that should these people succeed in their coup, your party affiliation will no longer matter, your American flag will be a nice collectible item of something that once was, and your version of God will be worshiped in secrecy because your freedoms will be owned by the few.

For those you don’t think George Bush is capable of this just remember this:

The Bush family, in the form of Prescott Bush, has tried a more aggressive coup before in order to install fascism in this country. This treasonous plot was called “the Business Plot,” because the high-level plotters – including Prescott Bush – were Wall Street men who openly supported fascism.

I would urge people to read the original story called “Welcome to the final stages of the coup…”

The Clarion Funds Next Release, The Third Jihad & More About Obsession

The Clarion Fund’s new video, The Third Jihad, will have a limited theatrical release next month on October 10, “and then, shortly afterwords, it will be for sale on the web.” As to whether the American people will get another scare tactic DVD for free in their newspaper, is unclear so far.

Tom Trento of WatchObsession explained the new video’s title, saying that the “first Jihad was Mohammed,” the second was the Ottoman Empire and the third raises the alarm about radical Islam “trying to take over the U.S.”

Wayne Kopping the  director and co-writer of Obsession, according to a News Hound article is a very devout Jew who has also done a very pro-Israel movie “Relentless.” He says in that article:

Until one has seen “Obsession” one may have a hard time seeing a connection between the Radical Muslims and the Nazis,

He even adds this line

We take it a step further, though, and we show that Radical Islam has many of its strategic roots in Nazism.

I do give Wayne Kopping credit though for saying this in a FOX News piece:

As we state several times in the film, the majority of Muslims are not “radical.” Therefore, one should not make the mistake of assuming every Muslim man or woman you meet is a potential terrorist.

It’s advisable to listen closely to what those in the Islamic community are saying and how they are saying it!

Raphael Shore who is the producer/co-writer of the film and founder of the Clarion Fund and described by Kopping as the visionary, commented to Fox News on the fact that the funding for this movie is so secretive.

At the recommendation of a number of experts we worked with in making the film, many of the individuals and organizations who helped make this film possible requested anonymity. Tragically, we’ve seen numerous times the response of the radicals to those who openly expose or disagree with them.

I still feel very uncomfortable about not knowing where the funding is coming from. Isn’t the point of a democracy that things are done in the open. I suspect they don’t want people following the money trail to see where it leads them. I wouldn’t be surprised if it was a hardcore McCain support, or Pro-Israel group.

But what troubles me more then where the funding comes from is Shores idea.

We need to develop a pre-emptive national security policy. World leaders need to stop promoting the dangerous policies of appeasement that have allowed countries like Iran to get to the brink of producing nuclear weapons…FOX News

What does he mean by develop a pre-emptive national security policy? You mean where we bomb trouble makers before they make trouble, or we send in air strikes and drones to a country that resist our national interest. Well Mr. Shore will be pleased to know that Bush has perfected his national security policy. Has it made us any safer? or have we made the flames of American hatred even hotter?

These Pro-Democracy and Freedom people keep saying we can’t allow these terrorist countries to develop nuclear weapons because they will use them against their enemies, but isn’t that what we did with them?

And Israel has thousands of nuclear weapons. At the same time declaring how much they hate Islam and Muslims. Don’t other countries have a right to protect themselves? Regardless of the fact that the UN inspectors said Iran isn’t producing nuclear weapons, they were just trying to become more energy independent.

I’m not against what the makers of the movie are trying to do. I honestly believe the have good intentions. What I don’t approve of, is how they are going about promoting their movie.

It just feels like a left over political trick from Carl Rove. To induce fear before the election so people will vote McCain. Could you imagine if people found out that this trick is some how connected or endorsed by the McCain campaign. Maybe that’s why the funding is so discrete.

Look at this British Polll Below about who the world sees as the biggest enemies of freedom! Often when you go out searching for monsters, you turn into the very thing you hate!

The Clarion Fund and Obsession, Radical Islam’s War Against The West

Who Is The Clarion Fund?

At this time all I have is 3 people. Raphael Shore who is the producer/co-writer of the film and founder of the Clarion Fund, Wayne Kopping the director and co-writer and Gregory Ross the communications director of the New York based non-profit group.

Obsession DVD package

The Huffington Post reports that the Clarion Fund has sent 28 million DVDs to at least 70 newspapers in swing states to place at the doorstep of newspaper subscribers

At least part of the mailing was sent under the postal permit of Christians United for Israel, a leading Christian Zionist organization. Which also seems to have promoted the DVD on This book by David Brog, interesting enough the forwword is by John Hagee, a BIG time supporter of Israel.

Tom Trento, who heads www.watchobsession.org, the group that distributed the movie at the Democratic and Republican parties’ nominating conventions, told JewsOnFirst that their goal is to awaken the country…before the election so everyone can “see the insidious nature of radical Islam.” Trento said,

his group’s website then directs viewers of the video to “a scorecard that shows how elected officials have voted” on terrorism-related issues so they can decide “how they can intelligently vote” in November.

A Haaretz story about the film reveals Shore’s direct affiliation with Aish:

Shore, incidentally, was the director of both Aish HaTorah International and the Hasbara Fellowships, a pro-Israel advocacy group.

Shore says in that article:

“I don’t understand why it’s biased if Jews are behind the creation of an objective film,” he says. “There’s nothing wrong with Jews saying the radical Islamists are coming, just like there’s nothing wrong with Jews in Nazi Germany saying the Nazis are coming.”

He later adds:

“Many evangelical Christians are waking up and becoming passionate about this issue,” says Shore.

I found this comment on a blog

They’re sending 28-million Americans copies of a film whose producers won’t even reveal who financed their project?  One has to ask why th

e latter are holding back?  What are they afraid of?  Why would a Sheldon Adelson, Michael Steinhardt or other similar Republican Jewish Coalition donor’s try to hide their association with this film?  And why should America’s newspapers be a party to this fraud?

What scare me is we have effectively associated the word terrorist with Muslims and anti-Americanism. But yet we never mention the real decision makers in the world. the one’s that sit in boardrooms with their suits and ties, and decide to bomb these countries that now conveniently hate us so much.

There is also no discussion about the forming of radical Islam in the late 70′s by our government and men like Zbigniew Brzezinski. Who admitted we paid Muslims, trained them and told them to go into Russia during the Cold war.We even paid for textbooks to be printed according to the Washington Post, that taught children this idea of radical Islam.

CIA even had a contact in Afghanistan to lead these soldiers, Osama Bin Laden. Brzezinski admits he manipulated this whole line of events to bleed Russia and bankrupt them. He wanted to start a “Vietnam” war for Russia.

I found all of this very disturbing, you can view my letter to the editor of my local newspaper here

Mail Listings for the Movie Obsession

I have no way of knowing if this is an official list or not, but I have come across it several times on other sites.

Colorado – Boulder Daily Camera, Centennial Citizen, Colorado Springs Gazette, Denver Post, Fort Collins Coloradoan, Greeley Tribune

Iowa – Daily Nonpareil, Des Moines Register, Iowa City Press Citizen, Quad City Times, Sioux City Journal

Indiana – South Bend Tribune

Florida – Daily Commercial, Florida Times-Union, Ft. Lauderdale El Sentinel, Ft. Myers News Press, Miami Herald, Ocala Star Banner, Orlando Sun Sentinel, Palm Beach Post, Tampa Tribune, Tallahassee Democrat, St. Petersburg Times, South Florida Sun-Sentinel

Michigan – Detroit Free-Press, Flint Journal, Grand Rapids Press, Lansing State Journal

Missouri – Springfield News-Leader

Nevada – Las Vegas Review-Journal/Sun, Nevada Appeal, Ren

o Gazette-Journal

New Hampshire – Portsmouth Herald News, Union Leader

New Mexico – Clovis News Journal, Hobbs News-Sun, Rio Rancho Observer

Ohio – Canton Repository, Columbus Dispatch, Dayton Daily News, Middletown Journal, Morning Journal, Toledo Blade, Youngstown Vindicator

North Carolina – Charlotte Observer, Raleigh News & Observer

Pennsylvania – Bucks Co. Courier Times, Erie Times-News, Morni

ng Call, Philadelphia Inquirer, Pittsburgh Post-Gazette, Pittsburgh Tribune-Review, Reading Eagle, The Patriot-News

Virginia – Sun-Gazette, Virginian-Pilot

Wisconsin – Green Bay Press-Gazette, Janesville Gazette, Journal Times, La Crosse Tribune, Milwaukee Journal Sentinel)

Something Really Bad Is Going To Happen To The Economy

We are in the middle of a deep, dark recession, and it won’t end soon. Here it is, and it is pretty nasty,” said Barry Ritholtz, who writes the popular financial blog The Big Picture and is CEO of research firm FusionIQ.

This is one of hardest news stories I have read in a while. We are on the brink of something really bad happening to our economy, and what scares me the most is that the average person doesn’t seem to be noticing the financial changes that are taking place.

The lines at Starbucks are longer then ever where I live, and people are still tuning out what’s going on in the world. When this thing crashes, it’s going to be chaos.

Bringing HIV/AIDS to America

The voice over is Leonard Horowitz, he’s talking about vaccine expert Maurice Hilleman. This is another section in Horowitz’s book ” Emerging Viruses: Aids & Ebola – Nature, Accident or Intentional?”