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Geithner Seeks Broad Power To Seize Firms
CBS News ^ | 3/24/09 | Binyamin Appelbaum, David Cho and Debbi Wilgoren.

Posted on 03/24/2009 6:42:46 AM PDT by RangerM

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To: livius

The moderates are saying that they want the President to succeed and if you don’t want him to succeed it is because of two possible explanations:

1. You are racist and/or
2. You are a radical...way out there

A “moderate” Jew just said I was way out there because I want Obama to fail. When you try to reason that Obama’s socialist policies will fail and that he will stand with Islam when push comes to shove they say that the Jews are the smartest people on earth, and that congress would not let Obama abandon Israel. Hahahahahaha.


81 posted on 03/24/2009 10:56:42 AM PDT by Boardwalk
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To: All
“What's the difference between 0bama and Chavez?”

Rhetorical question; however, the REAL difference is that Chavez has actually done something.

82 posted on 03/24/2009 10:58:52 AM PDT by NTHockey (Rules of engagement #1: Take no prisoners.)
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To: RangerM

Remember Rahm? ‘A good crisis is a terrible thing to waste’ or some such nonsense. This whole thing is Cloward-Piven from the get-go. This is no longer just conservative vs. liberal. This is one for the survival of the Republic as we know it.


83 posted on 03/24/2009 11:05:29 AM PDT by anglian (Rights? You have no steenkin' rights! We have an agenda to pursue!)
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“It’s fair to ask whether the supposed outrage over AIG bonuses did not have some beneficial value to making this argument. Although one hesitates to make the comparison with the Reichstag fire, it suggests itself.” - BELMONT CLUB http://pajamasmedia.com/richardfernandez/2009/03/24/the-why-of-kabuki/


84 posted on 03/24/2009 11:07:39 AM PDT by anglian (Rights? You have no steenkin' rights! We have an agenda to pursue!)
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To: livius

Why in the world are our corporate heads and business leaders just sitting by and watching this happen without even a murmur of complaint?

The obvious answer is that THEY’RE IN ON IT, TOO! Over the years as honest conservatives have slept, thinking everyone is good and honest, they (whoever you want to say ‘they’ is) have been putting ‘their’ people in positions of power everywhere, so when the time came to carry out all of their plans/takeovers, everything would be in place and there would be no one in any position of power (public or private) to oppose it.This has all been planned- they are just now executing the plan. I know some people are uncomfortable with this kind of ‘conspiracy’ talk, but you have to call it like it is and admit the obvious.

Even if there is no conspiracy and they aren’t ‘in on it’, they have definitely been made afraid enough not to say anything or fight back. The point being, either way you look at it, we’re screwed and no one is coming to the rescue.


85 posted on 03/24/2009 11:41:27 AM PDT by usmom
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To: TexasRepublic

people might see through him in time to stop him.

Fat chance. Once people pull themselves away from their tv’s, sports and other diversions and realize what has happened (past tense), it will be too late. Nov. 4 was too late.


86 posted on 03/24/2009 11:45:01 AM PDT by usmom
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To: RangerM
Well, at least he's asking. /majsarc
87 posted on 03/24/2009 11:48:14 AM PDT by EGPWS (Trust in God, Question everyone else)
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To: Lazamataz
I just elevated this to breaking news.

You have the power.

88 posted on 03/24/2009 12:09:05 PM PDT by Red Steel
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To: livius

The question you ask of our corporate chiefs could just as well have been asked of European Jews stuffed in the box cars on their way to the death camps. It could also have been asked of the Soviet officer corps during the show trials and purges in 1937.

Very few men have the guts to stand up to authority.


89 posted on 03/24/2009 12:36:41 PM PDT by henkster (0bamanomics: "I'll loan you all the money you need to get out of debt.")
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To: RangerM

Yep, and this is lamestream news reporting it.
We might not be the only ones scared.....


90 posted on 03/24/2009 1:46:36 PM PDT by La Enchiladita (Good as Gold)
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To: usmom
...they have definitely been made afraid enough not to say anything or fight back.

The money is in international banking and business deals, always has been. The execs biggest concern is where do they go when U.S. economy collapses.

91 posted on 03/24/2009 1:56:59 PM PDT by La Enchiladita (Good as Gold)
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To: Boardwalk

I’ve been reading through this thread, and I’m so depressed. We all know what’s going on and none of us can stop it.


92 posted on 03/24/2009 4:15:55 PM PDT by livius
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To: henkster
The question you ask of our corporate chiefs could just as well have been asked of European Jews stuffed in the box cars on their way to the death camps.

I've been thinking about this all day and I believe you're right. I remember once reading an account by a German Jew who suddenly realized that he was in the cross-hairs. He and all of his family had been Germans for hundreds of years. But suddenly, Hitler and his followers picked him out and made a target of him.

There was a strange delayed reaction time. Some Jews fled immediately (and survived), others waited until they knew that their friends and family were disappearing (and generally did not survive). I guess the real question is when you stop thinking of yourself as paranoid and drop everything and head for the hills.

93 posted on 03/24/2009 4:21:31 PM PDT by livius
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To: livius

Why in the world are our corporate heads and business leaders just sitting by and watching this happen without even a murmur of complaint?

They are laying low hoping the government will go after someone else first.


94 posted on 03/24/2009 4:41:49 PM PDT by Wisconsinlady
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To: RangerM

#1 - Scared yet? Yes
#11 - Socialism - Yes
#12 etc - Chavez and Obama - the same. Making the same moves in the past two weeks
#? - Bring it on - Yes. Locked and loaded. Stocked up on TEA. (Lipton’s orange pekoe, if you please)
#? - business leaders - WHIMPS - YES, yes, yes, and rich ones at that. Makes them cowards for most of them. Time that they stood up to the new commissar like Herb Scmertz of Mobile Oil did to The Peanut Farmer and his merry band of incompetents.
If you don’t know what I’m talking about, Schmertz took out in-your-f*cking-face ads in the Wash. Post, etc. to challenge Carter and the Left over the oil industry. He also appeared on every TV show around. He kicked ass with a pair of Puerto Rican steel tipped “sh*t-kickers” (again, an old stereotype image based on facts).

Harvard MBA’s. Harvard - More Bull Aholes

Re; Stockholders - You’re right. Time we took a stand too and told the executives, clean up your act, take a stand in defense of free enterprise, or hit the road (or jump out of the plane without a Golden Parachute).

Come to DC for whatever national Tea Party is being planned for this Spring.


95 posted on 03/24/2009 6:55:44 PM PDT by MadMax, the Grinning Reaper
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To: livius

“I keep asking this question on other threads devoted to this but nobody has answered: Why in the world are our corporate heads and business leaders just sitting by and watching this happen without even a murmur of complaint’

Allow me to answer:

1) Those at the top of the establishment have already made off with the wealth. Those remaining in the financial system accelerated the fleecing post-haste. This occurs because those individuals choose to cash in there dollars at current value before it plummets to earth in the mother of all crashes.

2) Those of us in the business class that are entrepenuars are doing what has always occured in three other American era’s - building the virtual printing press and mechanisms to collaborate online to beging problem solving, rather then simple blogging. This is hard work pulling double duty of keeping your own private company afloat while building the visual conceptions and financial plan need to raise funds from other Patriotic investors.

3) The investment class struggles to keep there portfolio’s from further destruction and is attempting to communicate with Washington to impose there collective will. When someone like Paul Volker is being marginalized and ignored, it means there is now already only one ruling class politically and financially and unfortunately going back to point 1 choose to save there own asses first and skip town before the big crash.

The problem is a broken monetary model. The sub problem and immediate focus is political and must be focused on replacing corrupt and inept House of Representatives in 2010 and 2012. History shows the citizens do there job in research and fires them and this happens historically four years from the start of depressions.

That said our group of online collaborators about 400 of us now) have tested the first beta site, www.theburningplatform.com . The tech, content are all contributors in sweat equity, code etc. I am also contributing hard equity and assets. Month one site had 31,000 visits and 600 registrations. The idea is to provide this open source code to all Patriots of any political party. A debate engine will be introduced in May. YR 1 we anticipate 1,000 sites launched which we at Raging Debate.com support as national and local collaborative effort. By YR 3 and 2012 elections 100,000 sites with 20,000,000 constituent base. Since the code is open source, to shut us down would mean nothing, even at this stage. To shut down each individual site would require shutting down all U.S. global telecommunications. What’s best is we operate in the framework of the law. Lastly, the tech evolutions provide problem solving and actionable plans.

I have few people here I can work with at FreeRepublic. Perhaps that can change.


96 posted on 03/24/2009 7:18:19 PM PDT by iThinkBig
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To: Mr Rogers

“Terrified. There is no excuse for any of this to even be mentioned in polite society.

This ‘national emergency’ is roughly on par with 1982 - and Reagan solved it without nationalizing anything. It is obscene for this to even be discussed.”

No, it is actually worse then the Great Depression. There were only three major options for a deflation:

1) Ease the suffering of the citizenship
2) All or nothing inflation gambit (that is what Washington is doing and it is unconstitutional and the consequences turn our nation into a 3rd world banana republic if it fails)
3) Nationalize the banking system, fire management, all shreholders are eradicated (including upwards of a ten million pension plans.

Does this explain the real severity to you? It may feel like 1982 RIGHT NOW in that three year bad recession, but this is year one. To put it in context the GDP of the U.S. lost -5% in year one of the Great Depression. 2008 clocked in at -8%. This quarter clocks in at another -8%.

It’s not so bad if you are already wealthy, or have are considered essential at your place of employment and earn a good wage with benefits. True unemployment (U6) is at 17% already.


97 posted on 03/24/2009 7:26:04 PM PDT by iThinkBig
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To: iThinkBig

Why do you believe we are starting a severe depression?

Home prices are running - in AZ, which is one of the worst hit - at around 2002 levels. The bubble burst, but it was an outrageous bubble.

Car sales are hit hard, but they usually are in a recession. I haven’t seen any uncommonly large discounts on cars or trucks in Tucson, however.

What makes you believe this will be worse than the Great Depression?


98 posted on 03/24/2009 8:54:04 PM PDT by Mr Rogers (Obama - Making Jimmy Carter look like a giant!)
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To: iThinkBig; Mr Rogers
To put it in context the GDP of the U.S. lost -5% in year one of the Great Depression. 2008 clocked in at -8%. This quarter clocks in at another -8%.

You are mistaken. Real GDP (chained 2000 dollars) at the end of the 4th quarter 2007 was $11.62 trillion. At the end of 2008, $11.525 trillion.

Source

99 posted on 03/25/2009 11:56:49 AM PDT by Toddsterpatriot (Havoc has been back since September. Or was it April?)
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To: RangerM
“scared?”

Nope, not as long as I am armed.

BUT, we're gonna have to get this clown the hell out of Treasury ‘cause he doesn't have a clue what the hell he is doing...that is unless he is trying to run this country into a ditch...which the ADULTS in this country are not going to allow to happen! Not on my “Watch!”

100 posted on 03/26/2009 6:07:52 AM PDT by kellynla (Freedom of speech makes it easier to spot the idiots! Semper Fi!)
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