Robber baron facilitators won’t pull US economy out of recession

Canada Free Press ^ | December 9, 2008 | Judi McLeod

[vietvet67]

President-elect Barack Obama is dreaming in technicolour in thinking former federal Reserve chairman Paul Volcker can pull the U.S. economy out of recession.

Mainstream media comment was all but non-existent when Obama appointed big-name Volcker to his economic recovery team.

The last time Volcker was appointed to a high profile investigation into economic malaise, he blew it. Handpicked by then UN secretary general Kofi Annan to clean up UN corruption, Volcker, gave a free ride to the robber barons who had lined their pockets in what has been called the biggest scandal in world history. 

Promising an “independent inquiry”, and one that would be “thorough”, Volcker walked into the portfolio with undisclosed conflicts of interests before his job even began.

Volcker’s membership in David Rockefeller’s Trilateral Commission, identified by LizMichael.com as “a super-elite cabal of 300 international power brokers, who practically rule the world”, but does not publish its membership list on the Internet is well known.” (www.canadafreepress, Dec. 6, 2004).  “Lesser known is that Volcker has held a seat on Power Corporation’s international advisory board.  Wealthy Canadian businessman and Power Corporation founder, Paul Desmarais Sr. is a major shareholder and director in TotalFinaElf, the largest oil corporation in France, which has held tens of billions of dollars in contracts with the deposed regime of Saddam Hussein.”

For the record, France was identified as one of the chief partners-in-corruption in the scandal.  The Times of London calculated that French and Russian companies cashed in on $11-billion worth of business from oil-for-food between 1996 and 2003.

[NormsRevenge]

The corrupt investigating the corrupt.. Yeah, we’ll get to the bottom of nothing and take a long time getting there.