Looting America: Treasury Secretary Paulson Threatened Senators with Martial Law

ChrisMartenson.com ^ | 12/2/08 | Chris Martenson

[Liz]

Treasury Secretary Paulson Threatened Senators with Martial Law.......any other country, Paulson would be in front of a firing squad about now.

Depraved Paulson also wanted to exempt the bailout from any judicial, legislative, and regulatory review.

All of it pinpoints Paulson's overwhelming greed to get his hands on the bailout billions. First thing he did was station his own man---Neel Kashkari---to oversee the $700B bailout. Kashkari was Paulson's henchman at Goldman, and at Treasury.

US Sen. Jim Inhofe (R-Oklahoma) said that Congress was not told the truth about the $700 billion blank bailout. "The American people don't know how much money Treasury Secretary Henry Paulson has given away to anyone. IT COULD BE TO HIS FRIENDS. We don't know. There is no way of knowing.''

GOLDMAN SACHS SCREWS US AGAIN Secy Pavelson told Congress bailout billions would be used for one purpose then the foxy, wily Pavelson changes horses in midstream and decides to use the billions for something else. Typical Wall Street chicanery. The heck with Congress enacting the bailout law for one use. Pavelson personally decides he and the G/S guys will use it for "something else."

As US citizens line up at soup kitchens and sell apples on street corners, Pavelson, Kashkari, and the G/S frat boys are cashing in bigtime......numbered offshore bank accounts, "parking" money at Goldman Sachs and other Wall Street entities; wire-transfers must be going 24/7.

The late economist John Kenneth Galbraith blamed Goldman Sachs for policies causing the Great Depression of '29. In his book, The Great Crash, 1929, Galbraith, a key figure in JFK's admin, an entire chapter titled “In Goldman, Sachs, We Trust,” details the “large-scale corporate thimblerigging” that Goldman and other Wall Streeters practiced in the 1920s.

G/S frat boys at the highest levels of govt are now pulling the levers of power. Watching them operate, we know Goldman types promote their own interests relentlessly...........the rest of us be damned.

G/S insiders are pocketing as fast as they can----making motions to bail out the crooks who contributed to the economy's meltdown is part of the exercise in greed.

[The Cajun]

If anyone thinks this government would hesitate to gun down American citizens for any reason, think again. I am certain this government would emulate Tienanmen Square and not bat an eye.

King George III of England thought he could get away with a lot of crap about 232 years ago. How well did that work out for him?.............Just saying.

[Thumper1960]

Tens of millions of Americans voted 0bama into office.

The "America", the spirit that lived in those early colonists, is on life support. Those of us who make a stand, when standing down is no longer an option for us to consider and still feel like free men, will be portrayed to an ignorant 0bama Generation as being whackjobs.

Don't kid yourself. They can and would do it.

[The Cajun]

Don't kid yourself. They can and would do it.

I have no doubt that they can and would do it. It's them getting away with it, that will be their problem. It won't be a pretty thing, but there are still patriots in this country who will do what is necessary.

[1COUNTER-MORTER-68]

“Did Ya’ Ever See A Cajun When He Really Got MAD?!”...;0)

[montesquiue]

Not sure if you’ve seen this article but I found it very interesting:

http://network.nationalpost.com/np/blogs/fullcomment/archive/2008/11/24/terence-corcoran-now-for-the-real-shock-doctrine.aspx

[The Cajun]

“Did Ya’ Ever See A Cajun When He Really Got MAD?!”...;0)

It truly is a terrible and frightening thing to behold ;)

[1COUNTER-MORTER-68]

LOL,,,True Dat!,,,

Paulson ain't nothing but a Bully,,,All Mouth/BS!!!

75-80,000,000 gun owners Trumps Martial Law...;0)

[The Cajun]

75-80,000,000 gun owners Trumps Martial Law...;0)

Hell, a Cajun only uses his gun after his knife gets dull ;)

[1COUNTER-MORTER-68]

Some just stick em' on the end of their rifles...;0)

[The Cajun]

Some just stick em' on the end of their rifles...;0)

That always seemed kind of impersonal to me ;)

[TomGuy]

The first paragraph of that linked article reminds me of the Bush economic advisors admitting they didn't know how much $$$ it was going to take to end the economic crisis, so they 'just made up a really big number' ($700B+$150B).

Someone posted in the comments section, "Shades of the Bush/Cheney tag team."

Yeh, Washington is a tag team event. The Dems hold the ring for a while; then the Pubbies get it. They go back and forth. And Washington goes on, status quo, business as usual.

[montesquiue]

I agree. My husband is a lobbyist. He tells me all the perks they get is ridiculous. They really feel above all of us. I think it’s past time to send most of them packing just to get some new blood up there.

[JasonC]

Of course you don't, you wouldn't know a pro capitalist conservatism if it bit you, which is just did. Your populist drivel is instead the same old socialist capital hating song and dance the violent left has been peddling for 200 years.

[Travis McGee]

"The logic of the conspiracy theorists in this regard is, of course, impeccable: Goldman alumnus Josh Bolten runs the White House, while his former boss, Hank Paulson, runs the Treasury. They both speak regularly to former Treasury Secretary Bob Rubin, now over at Citigroup, who ran Goldman before Paulson and who keeps Paulson and Bolton dangling like puppets on a string. They all supposedly touch base with the heads of the Italian and Canadian central banks—both Goldman alumni—and with Robert Zoellick, head of the World Bank, ex Goldman. What's more Paulson is now getting his advice on how to handle the crisis from Ken Wilson, the recently retired Goldman partner and financial-institutions M&A banker, who Paulson just recruited to Washington to help him out. Already at Treasury were Goldman alumni Dan Jester, Anthony Ryan, David Nason and Bob Hoyt, the department's general counsel. And—the conspiracy crowd can't help but point out—Neel Kashkari, 35, a former vice-president at Goldman who Paulson recruited as assistant secretary of international affairs in 2006, has just been appointed—by Paulson—to run, on an interim basis, the new $700 billion bailout fund."

~~William Cohan, "Does Goldman Sachs Really Rule the World?" October 2008

“Gentlemen, I have had men watching you for a long time, and I am convinced that you have used the funds of the bank to speculate in the breadstuffs of the country. When you won, you divided the profits amongst you, and when you lost, you charged it to the bank. You tell me that if I take the deposits from the bank and annul its charter, I shall ruin ten thousand families. That may be true, gentlemen, but that is your sin! Should I let you go on, you will ruin fifty thousand families, and that would be my sin! You are a den of vipers and thieves. I intend to rout you out, and by the eternal God, I will rout you out.”

~~President Andrew Jackson, on the 2nd National Bank

[Travis McGee]

See above.

[TigerLikesRooster]

So Hank is a bandit and a traitor. What is the punishment for this?

[Travis McGee]

Retirement as a billionaire to one of a dozen private ranches and mansions, with private jets for commuting between them.

[FReepaholic]

>..Think about it, a non elected official threatening to impose something that the president himself would have trouble imposing. ...

Not defending Paulson's actions but I don't believe he said *HE* would impose martial law.

[dennisw]

exactly!