BUSH THREATENS COUNTRY AGAIN!
Times Online | Bush Warns of `Painful' Consequences Without Rescue (Update2) Bloomberg - 30 (Bloomberg) -- President George W. Bush said yesterday's defeat of his $700 billion plan to revive credit markets ``is not the end of the legislative ... Candidates, Bush urge reviving financial bailout Bush appeals to Congress to reverse bail-out rejection Obama warns of financial catastrophe |
The Associated Press | Bush implores Congress to act to rescue markets The Associated Press - WASHINGTON (AP) — President Bush said Tuesday the economic damage to the nation will be "painful and lasting" if Congress fails to pass a $700 billion ... Video: Painful and lasting Bush Warns Economic Damage Could Be 'Painful and Lasting' Bush appeals for decisive action |
Times Online | Bush: Economic threat grows daily AFP - WASHINGTON (AFP) — US President George W. Bush on Tuesday warned lawmakers opposed to a mammoth Wall Street bailout that the threat to the US economic "will ... Text of Bush's Tuesday statement Bush urges lawmakers to vote for bailout bill President Bush urges Congress to back bailout |
New York Times, United States -
By CARL HULSE and MATTHEW SALTMARSH WASHINGTON —President Bush urged lawmakers again on Tuesday to quickly approve an economic bailout plan, a day after the ...
Bush financial bail-out warning
US bail-out rejected: George Bush to make new plea to Congress
Vote Underscores Bush's Loss of Influence
"NO BAILOUT" "YOU BROKE IT YOU BUY IT" Wall Street Protest
http://www.newswithviews.com/Devvy/kidd398.htm
The wall street bailout of $700B and the missing $2.3 trillion.
Bailout of $700B and the DOD missing $2.3 trillion on 9/10/01
Economic Collapse of Argentina and how we can prepare
http://www.dailypaul.com/node/35536
By Patrick Wood, Editor
September 15, 2008
The immediate aftermath of the Lehman Brothers bankruptcy will be a massive and manic flight to liquidity and withdrawal of funds and credit from banks, S&L's, insurance companies and brokerages, leading to more failures.
The stunning magnitude of debt owed by Lehman Brothers - $613 billion -- comes to light because of their public bankruptcy filing. No wonder that Barclays, Bank of America and other potential buyers took a few sniffs at Lehman's books and walked away.
The Lehman Brothers bankruptcy is the largest in the history of the world.
Banks around the world who lent money to Lehman must absorb immediate and huge losses of capital and liquidity. Even if they eventually recover some of their money, they won't have access to it until the bankruptcy is completed.
Insurance companies (like AIG) who issue insurance contracts against financial failure and non-performance are next on the chopping block. Policyholder claims could quickly overrun their ability to make good.
Investors have figured this out already.
They paid almost $70 per share for American International Group (AIG) last October. Today, some of those could have sold their shares for under $6.00 per share, a drop of over 90% in one year.
And who will rescue Washington Mutual (WaMu)?
WaMu is the largest savings-and- loan in the United States, and is currently unable to raise additional capital. Lenders and insurance companies are backing away.
Investors loved WaMu last October when they paid over $37 per share. They could have sold the same shares recently for $2.01 per share, for a loss of 94%.
There are a host of other financial institutions that are on the ropes as well.
American investors and politicians laughed at Fortis Bank when it released this report on June 28, 2008:
BRUSSELS/AMSTERDAM - Fortis expects a complete collapse of the US financial markets within a few days to weeks. That explains, according to Fortis, the series of interventions of last Thursday to retrieve € 8 billion. "We have been saved just in time. The situation in the US is much worse than we thought", says Fortis chairman Maurice Lippens. Fortis expects bankruptcies amongst 6000 American banks which have a small coverage currently. But also Citigroup, General Motors, there is starting a complete meltdown in the US"American sentiment is rapidly changing: Six thousand banks is a long way to go!
When chickens discover a blemish on an otherwise healthy chicken, they will immediately attack it and peck it to death.
The global financial market players are just as merciless.
First, let's give thanks to those who stood with us today....and thank Providence for them. Ron Paul, of course has stood out like a beacon of light for many years....but some....made themselves known to We The People today.
Representative McCotter http://www.youtube.com/watch?v=2crMJwpYTog
"Nothing but widespread suffering will produce any effect on Congress.... Our only safety is in pursuing a steady course of firm restriction - and I have no doubt that such a course will ultimately lead to restoration of the currency and the recharter of the Bank."
-- Nicholas Biddle, President of the Second Bank of the United States
Compare excerpts from the following article to Bernanke's current threats of a "recession" if we don't railroad the bailout through Congress. It's not inconceivable that history will repeat itself if the bailout is defeated. Be prepared.
This article is about how Biddle and the Second Bank of the US wrecked the American economy and then blamed it all on President Andrew Jackson, who had been in the process of drawing "every tooth and then the stumps" of Biddle's beloved Bank.
Rep Burgess http://www.youtube.com/watch?v=l7B4laX1E70
"In 1832, with [Jackson's] re-election approaching, the Bank struck an early blow, hoping that Jackson would not want to stir up controversy. They asked Congress to pass a renewal bill 4 years early[The Bank was originally up for recharter in 1836]. Naturally, Congress complied and sent it to the President for signing, but Jackson weighed-in with both feet. "Old Hickory", never a coward, vetoed the bill. His veto message is one of the great American documents. It clearly lays out the responsibility of the federal government towards its citizens, rich and poor.
... [Jackson] appointed Roger B Teney [as Secretary of the Treasury]. Teney [withdrew] government funds from the Bank starting on October 1st, 1833. Jackson was jubilant. "I have a chain. I'm ready with screws to draw every tooth and then the stumps." But the Bank was not yet done fighting. Its head Nicholas Biddle used its influence to get the Senate to reject Teney's nomination.
Then, in a rare show of arrogance, Biddle threatened to cause a depression, if the Bank was not rechartered.
"Nothing but widespread suffering will produce any effect on Congress.... Our only safety is in pursuing a steady course of firm restriction - and I have no doubt that such a course will ultimately lead to restoration of the currency and the recharter of the Bank."
-- Nicholas Biddle
Biddle intended to use the money-contraction power of the Bank to cause a massive depression until America gave in. Unfortunately, this has happened time and time again throughout US history, and is about to happen again, in today's world.
Nicholas Biddle made good on his threat. The Bank sharply contracted the money supply by calling in old loans and refusing to extend new ones. A financial panic ensued, followed by a deep depression. Naturally, Biddle blamed Jackson for the crash, saying that it was caused by the withdrawal of federal funds from the Bank.
Six months after he had withdrawn funds from the Bank, Jackson was officially censured by a resolution that passed the Senate by a vote of 26 to 20. It was the first time that a President had ever been censured by Congress. Jackson lashed out at the Bank. "You are a den of vipers. I intend to rout you out and by eternal God, I will rout you out."
America's fate teetered on a knife edge. If Congress could muster enough votes to override Jackson's veto, the Bank would be granted another 20-year monopoly or more over America's money, time enough to consolidate its already great power..."
But Jackson, by his iron resolve, perservered the onslaught from the money changers and did rid America of the scourge of the global elite bankers for 77 years....... when they seduced Woodrow Wilson to sign their bill which was slipped in on the 23rd of December, 1913.
WE MUST STEEL OURSELVES AND OUR CONGRESSMAN and SENATORS AGAINST THE BATTLE to COME!
More about Banking
http://www.kickthemallout.com/index.php?topic=Banking
Watch The Money Masters
http://www.kickthemallout.com/article.php/Video-The_Money_Masters
Get the Money Masters- Give it to your Senators and your Congressman
http://www.kickthem allout.com/ article.php/ DVD-The_Money_ Masters
The PRE-PLANNED Financial/Economic 911 of 2008
T. Anthony Michael – September 24, 2008 www.thetruthseeker.co.uk
WHAT: A pre-planned collapse of the US (and global) financial and economic systems.
WHO: The same characters who perpetrated the original 911.
WHERE: New York City & DC, of course. Plus a sideshow in Washington state.
WHEN: The days surrounding September 11, naturally.
HOW: Instead of painted drones, missiles with fins and fake airplanes, they used the much more stealthy short seller.
WHY: To remake the economic/financial order of the world.
WHY Really: Think about it! And then ask yourself, “Cui bono?”
The 911 blueprint worked so magically for the world controllers that they were compelled to use virtually the same playbook. “If it ain’t broke, don’t fix it.”
So, what’s the real deal here?
By analogy, let’s take a quick look at the 911 timeline and stack it up against the new 2008 Financial “911”, as it began to unfold earlier this year.
The Bear Stearns collapse that began in March, 2008 is analogous to the 1st World Trade Center bombing in 1993. Just a warm up. This was preceded by a little failure back in January featuring Countrywide – the largest US mortgage lender.
The nationalization of Fannie Mae and Freddie Mac marks the beginning of the new 911. Both in the DC area, they were the first to come down this time. Just as they struck at the heart of the military complex, this time they went for the jugular of the national real estate market. Remember – this is a financial 911.
Next came this year’s version of the twin towers, building 7 and other assorted NYC landmarks in the form of Lehman Brothers, AIG, Merrill Lynch, as well as Morgan Stanley and Goldman Sachs in their “new & improved” form. Basically took out the whole of American investment brokerage, heh?!
And, of course, we still have Washington Mutual out there in the boonies just like the one that “crashed” in a PA farm field.
The 700 trillion dollar Bailout Plan is just like the Patriot Act, isn’t it? Only this time it’s maybe a 1 or 2 page document that confers absolute authority on the Executive Branch to do just about anything they want with the taxpayer’s money. And they want it rubber stamped now. Not tomorrow. NOW!!! Without discussion, or unnecessary congressional debate. Talk about Shock & Awe being used against the American people, and their elected representatives! ?!
Now we know we can expect further gyrations, panics and precipitous declines in the market and elsewhere, just as we had anthrax attacks in the Capital, beltway snipers in Maryland in October of ’02, the 3/11/04 train bombings in Madrid , and the 7/7/05 bombings in London . Not to mention the 50 or so other synthetic terror events staged throughout the world to enforce compliance and create distraction.
The sudden and dramatic downfall of NY Gov Eliot Spitzer can also now be seen in its proper light. Having left the reservation one too many times, he simply could not be trusted to go with the flow. He had their numbers, their signatures, their addresses – the whole ball of wax, as well as his own reputation to burnish. The elimination of John O’Neil, Head of Security at the WTC, is quite similar, except that John O. – a great patriot – died on 911 having just been given the job.
To date, the most obvious and glaring example of this manipulated takedown is the case of a NY Senator. His letter to the FDIC contained confidential information that triggered the IndyMac bank collapse in July. California AG Jerry Brown was called to review the entire affair after the OTS Director explicitly blamed the letter for causing a run on the bank (3rd largest bank failure in US history). This episode is eerily reminiscent of Larry Silverstein’s order to, “Pull it.” just prior to the expertly controlled demolition of Building # 7on 911.
Just as 911 was perpetrated as a cover for: inaugurating the War on Terror, overtly advancing the NWO regime globally (in contrast to this previously covert operation), imposing a police state (Homeland Security) in the US (by gutting the US Constitution) , UK and elsewhere, dominating and securing oil/gas reserves in the Middle East and Cacaucus (to include running energy pipelines through Afghanistan and stealing Irag’s oil wealth via military invasion), jump starting the Afghan opium trade, etc., the ECO/FIN 911 of ’08 is a cover for many of these same agenda items. However, there is one little item that is particularly high on the current agenda. And that concerns the derivatives market, which in its totality approximates somewhere between 500 trillion and 1 quadrillion dollars of instruments as of 2008. In fact, the sub prime mortgage defaults are just a tip of the tip of the iceberg when compared to the real megilla – DERIVATIVES. This is what they’re really worried about, and having to cover for. Except this is a quadrillion dollar megilla that can’t be covered without unraveling the entire capitalistic system, and its fascist corpocracy and kleptocratic oligarchy.
And then there is the teenie, weenie matter concerning the Federal Reserve, and its collection agency – the IRS. The man standing behind this curtain has a lot at stake, especially in the form of mountains of evidence that will indict, and convict, the entire system. Lots of evidence was destroyed during and after 911, as will happen after many of these Wall Street firms are taken over, nationalized, liquidated, merged and disappeared. The veil, however, has already been lifted.
Does anyone see a pattern here?!
The real lesson to be gleaned from this analysis is that events of such enormity and consequence are rarely spontaneous and unchoreographed. Especially when they happen just weeks from an era defining presidential election. They have obviously been planning this one for a long time, and it has been fastidiously engineered to have a very definite effect and desired outcome – a permanent planetary plantation (PPP).
The execution, thus far, has been flawless. Even for those of us who stood there on the 1st 911, and knew it was a fraud while the buildings were coming down, this one is exceedingly more difficult to penetrate. However, penetrate we will, until every last conspirator is sitting before the TRUTH AND RECONCILIATION COMMISSION spillin’ the beans. The ultimate and lasting effect of these inquiries will be a New World Order of our making, not theirs. The only remaining, $64,000 question will undoubtedly be, “What do we do with them when we head them off at the pass?”
For the uninitiated, it may take quite a lot to wrap your mind around this extremely complex and convoluted plot, but, please, just be patient. As this drama plays out, the true intentions of the primary perpetrators will become manifest as they unwittingly reveal themselves by their handiwork. As Eliot Spitzer, no - Eliot Ness, nee – Sherlock Holmes once alluded to – a fingerprint inadvertently left as evidence is impossible to erase.
You see, the short sellers, unlike the “airplanes”, are still with us. Each one had a target to take down which they did with amazing speed and dexterity. And the myriad transactions that converged to topple their prey are all preserved somewhere, in some huge database, with multiple backups to serve as confirmation of trades of staggering amounts. AHHH! Nothing like computers, especially when they’re not confiscated and shipped off to China for permanent disposal.
May all financial wizards and economic soothsayers, henceforth, be inspired to stare into their crystal ball and divine the upcoming financial and economic events of global proportions with the keenest of acumen and sleuthing. As we shine the LIGHT of our collective awareness on these rapidly unfolding schemes, we will serve as beacons of revelation, and hope to the world.
Remember – we now know the script. We know the major players involved. We are able to watch the crimes being committed in real time. Each of us has now been thusly notified, and empowered, to serve as a vector of dissemination of this vital and critical information. So -----> LET’S GET BUSY ! ! !
T. Anthony Michael 9/22/08
Permission is expressly granted to copy, email, scan, attach, or forward this article
Last updated 25/09/2008
Editor - Jonathan Mark - www.FlybyNews.com
September 29, 2008 -
Bailout Mania * WTC science * Extremists
of their war-profiteering backers for the past five years,
after lining the pockets of their fellow oilmen to the tune
of over a hundred billion dollars in just the last two years,
Bush and his cronies -- who must soon vacate the White House
-- are looting the U.S. Treasury of every dollar they can grab.."
-- Michael Moore
- - Bailout bill fails on first House vote; what next is unclear
- - The Rich Are Staging a Coup This Morning says Michael Moore
- - The Bailout Is - Literally - Fascist
- - US Banking Collapse a 'Controlled Demolition' (and other tales)
- - David Ray Griffin: Bush Doctrine enters American vocabulary
- - Vice President Dick Cheney's Incredible and Deadly Lie
- - US Combat Troops in Iraq repatriated to 'help with civil unrest'
2) Scientists, Scholars, Architects & Engineers respond to NIST and more
- - Statement of September 11th Advocates Regarding NIST WTC7 report
- - Alex Jones talks to David Ray Griffin
- - The Scarlet A: Links between the Anthrax Attacks and 9/11
3) Israel Extremists – I ACCUSE
4) The Methane Time Bomb
Editor’s Notes:
Bailout mania has its clutches on the minds of wall and main streets today. Some in Congress have stood up, believing the bailout could make the problem worse, perhaps only providing cover for those who created the mess in the first place. This is the understanding of the global financial intelligence publication, World Reports. Michael Moore has come forth on this issue, too, and others. The second item covers more on the response to the NIST report on WTC-7 collapse. I recommend downloading to read and pass on the article Scientists, Scholars, Architects & Engineers respond to NIST. Item 3 is on the fight within Israel, where like in the US, extremists have wrestled control from the majority who would choose a policy to enable peace. The last item is on the methane time bomb. Happy New Year?
PRESENTS
Martial Law 9/11:
Rise Of The Police State
Media Education Foundation, Northampton, MA
Tuesday, October 14, 2008; 7:00 PM
Flyby News
PRESENTS
UNCOUNTED:
The New Math of American Elections
Green Fields Market 144 Main Street, Greenfield, MA
Wednesday, October 22, 2008; 5:30 - 7:30 PM
ZERO , an investigation into the events of 9/11
Italian film shown in European Parliament 26 February 2008,
Also broadcast on Russian State Television 12 September 2008
and with Valley 9/11 Truth in Greenfield, MA; November 5, 2008
******************************************************************
For full issue with articles and links, see: FlybyNews.com
September 29 - Bailout Mania * WTC science * Extremists
******************************************************************
No comments:
Post a Comment