Doubt it. They're complicit.
Posted on 05/23/2009 3:13:30 PM PDT by yoe
We did everything we could last fall to stop the Bush-Paulson ”TARP“—the $700 billion Wall Street bailout, knowing what terrible policy it was, and that newly created government program rarely ever end. It’s now the Obama-Geithner TARP bailout and Treasury Secretary Geithner says clearly that he doesn’t think there needs to be an end to the bailouts in this shocking recent testimony.
Video
he transcript is from this May 20th Senate Banking Committee hearing is worth re-reading:
Text............
(Excerpt) Read more at freedomworks.org ...
Everyone including the Clintons should have been prosecuted.
...they want the conservatives to freak out and do SOMETHING, ANYTHING...it’s a setup.
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No.
They don’t need to get the conservatives to do something. They will setup the setup with their own people.
Whats happening now happened in Germany in the 30s.
A Contrived Crisis
Good stuff
America. in my view is the victim of a monumental con job and a political coup. I can't think of any other explanation
bookmark
I wonder if any of the MSM is getting paid under the table to table these stories?
Yes eventually they will, if they can’t get someone to do it for them...and I would not give them the satisfaction.
Think about what DHS put out about 3rd party bumper stickers, Savage, and Limbaugh attacks....it’s all instigating with high hopes, so they can say “see we told you they were the extremists.”
Doubt it. They're complicit.
Remember the infamous meeting when then-Treasury Secretary Hank Paulson had the heads of 9 major banks come down to Washington? It was then that he made them the offer they couldn't refuse. Take TARP cash, or else!
Now Judicial Watch -- the conservative watchdog organization which was famous for giving the Clinton administration fits -- has uncovered secret documents from that meeting via the Freedom of Information Act.
A few of them are really quite stunning. The first 1-pager is Paulson's talking points for the bank. It basically confirms that he put a gun to all their heads. It says they must agree to take their cash, and that if they protested, then each bank's regulator would force them to take it anyway. Treasury CEO Talking Points Publish at Scribd or explore others:
The next document is perhaps even more mindblowing. It's the one-page agreement whereby each CEO agreed to let the government make its preferred stock injeciton. As you can see, both the amounts of the injection and the name of the bank are just handwritten scrawl. Treasury Participation Commitment (Excerpt) Read more at businessinsider.com ...
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Paulson threatened US Senators with Martial Law if they did not vote him the bailout billions. Paulson demanded the TARP be exempt from judicial, legislative, and regulatory review. $350B disappeared without a trace---and NO significant effect on the economy.
US Sen. Jim Inhofe (R-Oklahoma) said that Congress was not told the truth about the $700 billion TARP bailout. "The American people don't know how much money Treasury Secy Henry Paulson has given away to anyone. IT COULD BE TO HIS FRIENDS. We don't know. There is no way of knowing.''
Paulson stationed Neel Kaskari (his right-hand man at Goldman Sachs) to (gag) oversee $350B TARP payouts. We still do not know in which G/S rathole these two secreted the $350B.
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GOLDMAN-SACHS-A-THON Tax cheat (and US Treasury Secy) Tim Geithner hired a Goldman Sachs lobbyist as his COS. ...even though Obama said his admin is off-limits to lobbyists.
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 G/S 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 lose homes and jobs, Pavelson, Kashkari, and the G/S frat boys are cashing in bigtime......numbered offshore bank accounts, "parking" bailout billions at Goldman Sachs and other Wall Street entities; wire-transfers must be going 24/7.
The late economist John Kenneth Galbraith blamed Goldman Sachs policies for 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. Even Pres Bush was willing to give the USofA away to Paulson and Bernanke.
" Golly Ben, bailing out hedges and other greedsters is hard work."
"Keep bailing, Paulson."
Yeah, and Rush was surprised when John McCain became our nominee.
A revolution wouldn’t give the obambis satisfaction, it would scare the crap out of them and they’d run for the hills......only .......we own the hills.
We choose fear of what our enemies might do or we choose to let our enemies fear US.
Common Sense has nothing to do with fear, it’s a matter of outsmarting the enemy. It’s like education you can study longer, or smarter...in any event smarter is better.
Someone please fire this moron already!
Vote the Dhimmirats out in 2010 and then try to impeach The Pretender..
I love the title. It would be great to see Obama Administration officials asked over and over about what their exit plan is.
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