The great Robert Scheer (who was FIRED by the LA Times, by being too ruthlessly honest in his critiques of the BUSH-CHENEY administration), makes it official
(and goes where thousands of America's "press/media" professionals, and especially politics & financial writers fear to tread):
The OBAMA/Emanuel/Rubin/Summers/Geithner/ Bernanke/Fed "economic plan" of HANDING FOURTEEN TRILLION TAXPAYER DOLLARS to the Big Banksters (of whom Goldman-Sachs & JPMorgan-Chase are the biggest)
is a COMPLETE and UTTER FAILURE, an UNMITIGATED DISASTER, at least if "restoring the American economy to its pre-9-11 potential" is the standard of success.
(IF, however, the intention of the Bush/GOP/Goldman-Sachs/Obama "bailouts" was to complete the effort to TURN AMERICAN CITIZENS into DISENFRANCHISED PEONS - as British estate lords and absentee landlords in London did to millions of Irish, Scots, Welsh, and English rural residents during the great "Enclosures" of the 18th & 19th centuries, (which "enclosures," for example, drove MILLIONS of families off of the farms and villages they had tended for generations, as estate lords & absentee landlords in London instructed troops to burn villages and exile the villagers overnight) LED DIRECTLY to the Irish "Great Famine" of 1845-1852, ONE-and-a-half MILLION Irish men, women, & children DIED of FAMINE related diseases - then the Obama/Goldman-Sachs/Bush/Hank Paulson/Robt. Rubin/Lawrence Summers/Rahm Emanuel "BAILOUTS" GIVEAWAYS to Wall Street and foreign banks have been a STUNNING, DRAMATIC SUCCESS.
Which of course WOULD BE TREASON to the ideals of an America "OF, BY AND FOR Americans," and not an America "of, by, and for" Goldman-Sachs & other Wall Street & international finance banksters.
========================================================
Foreclosure Fiasco Continues: The Bush-Obama Strategy of Throwing Billions at Banks Doesn't Work
By Robert Scheer, at Truthdig.com & Alternet.org
Posted June 27, 2009.
http://www.alternet.org/story/140943/
Americans are now $14 trillion poorer. Many who thought they were middle class have now joined the ranks of the poor.
Foreclosure Fiasco Continues: The Bush-Obama Strategy of Throwing Billions at Banks Doesn't Work
It's not working. The Bush-Obama strategy of throwing trillions at the banks to solve the mortgage crisis is a huge bust. The financial moguls, while tickled pink to have $1.25 trillion in toxic assets covered by the feds, along with hundreds of billions in direct handouts, are not using that money to turn around the free fall in housing foreclosures.
As The Wall Street Journal reported Tuesday, "The Mortgage Bankers Association cut its forecast of home-mortgage lending this year by 27% amid deflating hopes for a boom in refinancing." The same association said that the total refinancing under the administration's much ballyhooed Home Affordable Refinance Program is "very low."
Aside from a tight mortgage market, the problem in preventing foreclosures has to do with homeowners losing their jobs. Here again the administration, continuing the Bush strategy, is working the wrong end of the problem. Although President Obama was wise enough to at least launch a job stimulus program, a far greater amount of federal funding benefits Wall Street as opposed to Main Street....
(fantastic article which sums up America's economic crisis in one page, continued at...
http://www.alternet.org/story/140943/
Sunday, June 28, 2009
Sunday, June 21, 2009
Goldman Sachs puts the Squeeze on America: Yes, they are that Evil; Yes, they are that CONTEMPTUOUS of Americans; YES, they OWN the Obama White Hous
In the "YES, they REALLY ARE THAT EVIL" department, GOLDMAN SACHS practically wallows in the muck of their ill-gotten billions.
Like Scrooge McDuck diving in to his treasury vault full of gold, coins, money, and riches, Goldman Sachs this week made it official: "THE PUMP & SQUEEZE ECONOMIC EXTORTION known as 'US & world economic crisis 2008-2009' has been a SUCCESS; Especially the part where Goldman executives, sensing the writing on the wall that their HANK PAULSON (five-year CHAIRMAN of Goldman Sachs before he became Pres. Bush's TREASURY SECRETARY in 2007) collaboration with the Bush administration & Republican Party was falling out of favor with the American public, donated a few million dollars to the BARACK OBAMA and Democrat Party campaigns of 2008.
For those few million dollars of donations to the Barack Obama 2008 campaign, Goldman Sachs has been REWARDED with BILLIONS of US Taxpayers dollars: and the new President Obama is SO CORRUPT, SO ENTITLED, and SO ARROGANT, he agrees with Goldman & other NY financial authorities that the American people have NO right to know JUST HOW MANY TRILLIONS they have been forced to HAND OVER to the insanely corrupt, insanely arrogant, insanely treacherous & fraudulent banksters.
THE VERY IDEA that Goldman & other NY financial institutions, in paying back a lousy $50 billion of "BAILOUTS" to the US public, have MADE WHOLE on the SEVEN HUNDRED BILLION that Hank Paulson's "BAILOUTS" of September 2008 handed to the banksters, alone, is ludicrous.
In fact, the Bailouts LOW total costs to taxpayers STARTS at THREE TRILLION dollars; that is THREE-THOUSAND x one-BILLION dollars. Yet that is PRECISELY the story line the INSANELY CORRUPT President Obama is trying to shove down America's throats; that merely by paying back some $50 billion in bailouts, the NY, DC, Chicago, NC (Bank of America is based in Charlotte, NC) and other major banking centers HAVE MADE THE AMERICAN PUBLIC WHOLE for their total "BAILOUTS" rescue - simply indicates that Mr. Obama IS AS CONTEMPTUOUS of the American public, as his Goldman Sachs banksters are.
Goldman Sachs, alive today ONLY because of TRILLIONS of Ameican taxpayer extorted (by Congress) "bailouts,' set to post RECORD "BONUS" PAYOUTS to their top executives: In the business of BRIBING Congress and the Obama administration with BILLION DOLLAR taxpayer extorted SLUSH FUNDS, Goldman Sachs can celebrate a 'JOB WELL DONE' !!
---------------------------------------------
Goldman to make record bonus payout
Surviving banks accused of undermining stability
Phillip Inman, The Observer,
Sunday 21 June 2009
http://www.guardian.co.uk/business/2009/jun/21/goldman-sachs-bonus-payments
Staff at Goldman Sachs staff can look forward to the biggest bonus payouts in the firm's 140-year history after a spectacular first half of the year, sparking concern that the big investment banks which survived the credit crunch will derail financial regulation reforms.
---------------------------------------------
American Public OVERWHELMING SUPPORTS Government Health
http://www.nytimes.com/2009/06/21/health/policy/21poll.html
- the GOLDMAN SACHS banksters & financial FRAUDSTERS who OWN the Obama White House, and Republican AND "Democrat" Parties, DESPISE the American public: so the BOUGHT AND OWNED SENATORS and Congress REFUSE to even attempt to give the American public the health care they need to ensure the health and security of their families.
----------------------------------------
Barack Obama STUPIDLY MAKES IT OFFICIAL - GOLDMAN SACHS, NOT the American public, OWNS the US Government:
Obama co. SLAMS THE DOOR on government transparency, makes government accountable ONLY to the SLUSH-FUND FRAUDULENT executives, American public be DAMNED -
Newsweek: Obama Closes Doors On Transparency
http://www.huffingtonpost.com/2009/06/20/newsweek-obama-closes-doo_n_218454.html
As a senator, Barack Obama denounced the Bush administration for holding "secret energy meetings" with oil executives at the White House. But last week public-interest groups were dismayed when his own administration rejected a Freedom of Information Act request for Secret Service logs showing the identities of coal executives who had visited the White House to discuss Obama's "clean coal" policies.
---------------------------------------------------------
AntiWar.com: THESE ARE OBAMA's WARS NOW
President Obama, bowing to the relentless "Neo-Conservative" agenda relentlessly underwritten by Goldman-Sachs foul theft of HUNDREDS of BILLIONS of taxpayer "bailout" dollars -
(not to mention the more routine extortion of rising fuel & oil prices, food prices, and other commodities CORNERED by banks and brokers flush with TRILLIONS of dollars of taxpayer monies) - the Obama White House and "Democrat" Party INCREASINGLY BLUR the differences between the PRO-WAR REPUBLICAN PARTY, and the PRO-WAR "Democrat" PARTY
These Are Obama’s Wars Now
by Joshua Frank, antiWar.com
June 18, 2009
http://original.antiwar.com/joshua-frank/2009/06/17/these-are-obamas-wars-now/
On Monday the Democrat controlled House voted 226-202 to approve a rushed $106 billion dollar war spending bill, guaranteeing more carnage in Iraq and Afghanistan (and lately Pakistan) until September 30, 2009, which marks the end of the budget year. The Senate voted overwhelmingly in favor of the bill’s first draft last month, with the final vote on a compromised version to occur in the Senate sometime in the next couple of weeks.
The majority of opposition in the House CAME FROM REPUBLICAN who opposed an add-on to the bill that would open up a $5 billion International Monetary Fund line of credit for developing countries.
[note: Republicans OSTENSIBLY in opposition to _IMF FUNDING_ reveals the CULTURAL DIVIDE between the Republican Party and the so-called Democratic Party that is actually meaningless to the big finanical institutions.
"Core" 'conservative' Republican voters are opposed to "do gooder" spending on "brown-skinned" foreign countries (i.e. "Third-World" developing countries who are potential economic competitors for American workers & employees), while Democratic voters tend to be more "liberal" and supportive of foreign "AID."
In reality, much of what World Bank & IMF do is NOT genuine "AID" - but MORE GOLDMAN-SACHS style "pump & squeeze" ECONOMIC EXTORTION.
In either case, Goldman-Sachs and the NY financial lobby can STEAMROLL _ANY_ opposition to their World Bank, IMF, and other global financial EXTORTION schemes, simply by ATTACHING the funding for those "economic hit-man" institutions directly to WAR FUNDING, and getting their bought-and-owned US whore (corporate) media to NOT report on the extortionate nature of IMF & World Bank loans to countries MIRED IN DEBT & POVERTY after the IMF & World Bank & US banks are done with them.]
-----------------------------------------------------------
Goldman Sach's BIGGEST ALLIES in the THEFT OF TRILLIONS from the American public (and foreign countries as well): the NEW YORK TIMES and WASHINGTON POST are now ENTIRELY "Neo-Conservative" propaganda organizations:
The "Neo-Conservative agenda" is simplicity itself: MORE WARS OVERSEAS (an ever-expanding US imperial military empire, backed up by trillions of taxpayer dollars funding weapons programs and their use to kill foreigners); a POLICE STATE in America to root out opposition to the War State as relentlessly as any Roman, Byzantine, Asian, or modern dictatorship ever did; and, above all, a RELENTLESS CONCENTRATION of WEALTH AND POWER in and among the ELITES, at the expense of democracy and democratic institutions.
In short, the Neo-Con agenda is the NAZI-lite agenda; and its most powerful practitioners are not Rupert Murdoch's FOX 'news' nor the dealing-with-North-Korea Sung Yung Moon's Washington Times organization: THE BIGGEST ADVOCATES in America of the NEO-CONSERVATIVE DICTATORIAL Agenda are the NEW YORK TIMES, WASHINGTON POST, and AOL Time/WARNER corporations, which instituions PRETEND that they are "liberal" culturally**, but at core are RUTHLESSLY DICTATORIAL institutions "IN" on the SLUSH-FUND EXTORTION of the American Public and US government.
** (note: the major papers & media conglomerates PRETEND they are "liberal" culturally, at least in comparison to America's would-be Christian Ayatollahs, like Sarah Palin trying to force taxpayers to fund millions for "ABSTINENCE EDUCATION" even as she tolerated her daughter having overnight sex with her boyfriend in Sarah Palin's own home; or like the anti-abortion zealots who are perfectly willing to resort to a reign of MURDER and TERROR to CRIMINALIZE women's reproductive health in an effort to assert god-like political powers of authority over vast swaths of the American political debate. That is, by broadcasting risque, sexually laced entertainment shows or promoting a leisure & entertainment lifestyle America's corporate media conglomerates APPEAR to be "LIBERAL", when in fact they are reactionary right-wing institutions.]
Here, the Neo-Con agenda in a nutshell: US weapons used to KILL AFGHAN CIVILIANS;
US ACCEPTS BLAME [??] for deaths of 26 Afghan civilians
http://news.yahoo.com/s/ap/20090620/ap_on_go_ca_st_pe/us_us_afghanistan
AP 'news' WASHINGTON – The United States "accidentally" killed an estimated 26 Afghan civilians last month when a warplane did not strictly adhere to rules for bombing, the U.S. military concluded in a report that recommends even tighter controls to limit deaths that risk turning Afghans against the U.S war effort.
"The inability to discern the presence of civilians and assess the potential collateral damage of those strikes is inconsistent with the U.S. government's objective of providing security and safety for the Afghan people," the report prepared by U.S. Central Command said.
WOULD the US and Goldman-Sachs Neo-Cons KILL EVERY MAN, WOMAN, and CHILD in AFGHANISTAN, IRAQ, and IRAN if they could just get away with it?
WOULD they STEAL THOUSANDS of BILLIONS of dollars from American taxpayers, and PRETEND that, after paying back some lousy $50 billion, we are all even?
And here's our textbook example of a GOLDMAN-SACHS FINANCED Neo-Con "intellectual" war-monger supreme: this past Friday, the WASHINGTON POST _FIRED_ its token honest, genuinely "liberal" columnist DAN FROOMKIN... and instead gave the paper's editorial space to PAUL WOLFOWITZ, the "ARCHITECT" of the ILLEGAL and MURDEROUS US INVASION of Iraq:
As Post fires liberal columnist, Bush war architect gets ink
By John Byrne, RawStory.com
June 19, 2009
http://rawstory.com/08/news/2009/06/19/as-post-fires-froomkin-wolfowitz/
On Thursday, the Washington Post confirmed it had fired liberal online columnist Dan Froomkin. On Friday, they gave a guest column to Bush war architect Paul Wolfowitz.
To be fair, Wolfowitz isn’t being paid, and his column is a guest editorial. But the paper’s promotion of a man who was a key architect of President George W. Bush’s policy on Iraq — and one of its most ardent hawks — is sure to raise eyebrows among the liberals and those critical of the Post’s coverage in the run-up to the Iraq war.
---------------------------------------------
[note: Wolfowitz may not be being paid DIRECTLY by the WashPost; BUT he IS most certainly BEING PAID by the GODLMAN-SACHS and OIL COMPANY FUNDED THINK TANKS that are the PROPAGANDA FRONTS for the NEO-CON WAR & taxpayer-extortion machines; of which the Wash. Post, NY Times, CNN/Time/Warner are the most well known pro-wars propaganda fronts.]
----------------------------------------
The RELENTLESS NY TIMES, WASHINGTON POST, CNN/Time/Warner, Fox 'news' (et al) Neo-Con DICTATORIAL pro-war PROPAGANDA CORPORATE DRUMBEAT makes anti-war Democrat legislators COWER IN FEAR:
The ‘Antiwar’ Democrats Who Sold Out
by Jeremy Scahill, June 18, 2009
http://original.antiwar.com/scahill/2009/06/17/shame-the-antiwar-democrats-who-sold-out/
Like Scrooge McDuck diving in to his treasury vault full of gold, coins, money, and riches, Goldman Sachs this week made it official: "THE PUMP & SQUEEZE ECONOMIC EXTORTION known as 'US & world economic crisis 2008-2009' has been a SUCCESS; Especially the part where Goldman executives, sensing the writing on the wall that their HANK PAULSON (five-year CHAIRMAN of Goldman Sachs before he became Pres. Bush's TREASURY SECRETARY in 2007) collaboration with the Bush administration & Republican Party was falling out of favor with the American public, donated a few million dollars to the BARACK OBAMA and Democrat Party campaigns of 2008.
For those few million dollars of donations to the Barack Obama 2008 campaign, Goldman Sachs has been REWARDED with BILLIONS of US Taxpayers dollars: and the new President Obama is SO CORRUPT, SO ENTITLED, and SO ARROGANT, he agrees with Goldman & other NY financial authorities that the American people have NO right to know JUST HOW MANY TRILLIONS they have been forced to HAND OVER to the insanely corrupt, insanely arrogant, insanely treacherous & fraudulent banksters.
THE VERY IDEA that Goldman & other NY financial institutions, in paying back a lousy $50 billion of "BAILOUTS" to the US public, have MADE WHOLE on the SEVEN HUNDRED BILLION that Hank Paulson's "BAILOUTS" of September 2008 handed to the banksters, alone, is ludicrous.
In fact, the Bailouts LOW total costs to taxpayers STARTS at THREE TRILLION dollars; that is THREE-THOUSAND x one-BILLION dollars. Yet that is PRECISELY the story line the INSANELY CORRUPT President Obama is trying to shove down America's throats; that merely by paying back some $50 billion in bailouts, the NY, DC, Chicago, NC (Bank of America is based in Charlotte, NC) and other major banking centers HAVE MADE THE AMERICAN PUBLIC WHOLE for their total "BAILOUTS" rescue - simply indicates that Mr. Obama IS AS CONTEMPTUOUS of the American public, as his Goldman Sachs banksters are.
Goldman Sachs, alive today ONLY because of TRILLIONS of Ameican taxpayer extorted (by Congress) "bailouts,' set to post RECORD "BONUS" PAYOUTS to their top executives: In the business of BRIBING Congress and the Obama administration with BILLION DOLLAR taxpayer extorted SLUSH FUNDS, Goldman Sachs can celebrate a 'JOB WELL DONE' !!
---------------------------------------------
Goldman to make record bonus payout
Surviving banks accused of undermining stability
Phillip Inman, The Observer,
Sunday 21 June 2009
http://www.guardian.co.uk/business/2009/jun/21/goldman-sachs-bonus-payments
Staff at Goldman Sachs staff can look forward to the biggest bonus payouts in the firm's 140-year history after a spectacular first half of the year, sparking concern that the big investment banks which survived the credit crunch will derail financial regulation reforms.
---------------------------------------------
American Public OVERWHELMING SUPPORTS Government Health
http://www.nytimes.com/2009/06/21/health/policy/21poll.html
- the GOLDMAN SACHS banksters & financial FRAUDSTERS who OWN the Obama White House, and Republican AND "Democrat" Parties, DESPISE the American public: so the BOUGHT AND OWNED SENATORS and Congress REFUSE to even attempt to give the American public the health care they need to ensure the health and security of their families.
----------------------------------------
Barack Obama STUPIDLY MAKES IT OFFICIAL - GOLDMAN SACHS, NOT the American public, OWNS the US Government:
Obama co. SLAMS THE DOOR on government transparency, makes government accountable ONLY to the SLUSH-FUND FRAUDULENT executives, American public be DAMNED -
Newsweek: Obama Closes Doors On Transparency
http://www.huffingtonpost.com/2009/06/20/newsweek-obama-closes-doo_n_218454.html
As a senator, Barack Obama denounced the Bush administration for holding "secret energy meetings" with oil executives at the White House. But last week public-interest groups were dismayed when his own administration rejected a Freedom of Information Act request for Secret Service logs showing the identities of coal executives who had visited the White House to discuss Obama's "clean coal" policies.
---------------------------------------------------------
AntiWar.com: THESE ARE OBAMA's WARS NOW
President Obama, bowing to the relentless "Neo-Conservative" agenda relentlessly underwritten by Goldman-Sachs foul theft of HUNDREDS of BILLIONS of taxpayer "bailout" dollars -
(not to mention the more routine extortion of rising fuel & oil prices, food prices, and other commodities CORNERED by banks and brokers flush with TRILLIONS of dollars of taxpayer monies) - the Obama White House and "Democrat" Party INCREASINGLY BLUR the differences between the PRO-WAR REPUBLICAN PARTY, and the PRO-WAR "Democrat" PARTY
These Are Obama’s Wars Now
by Joshua Frank, antiWar.com
June 18, 2009
http://original.antiwar.com/joshua-frank/2009/06/17/these-are-obamas-wars-now/
On Monday the Democrat controlled House voted 226-202 to approve a rushed $106 billion dollar war spending bill, guaranteeing more carnage in Iraq and Afghanistan (and lately Pakistan) until September 30, 2009, which marks the end of the budget year. The Senate voted overwhelmingly in favor of the bill’s first draft last month, with the final vote on a compromised version to occur in the Senate sometime in the next couple of weeks.
The majority of opposition in the House CAME FROM REPUBLICAN who opposed an add-on to the bill that would open up a $5 billion International Monetary Fund line of credit for developing countries.
[note: Republicans OSTENSIBLY in opposition to _IMF FUNDING_ reveals the CULTURAL DIVIDE between the Republican Party and the so-called Democratic Party that is actually meaningless to the big finanical institutions.
"Core" 'conservative' Republican voters are opposed to "do gooder" spending on "brown-skinned" foreign countries (i.e. "Third-World" developing countries who are potential economic competitors for American workers & employees), while Democratic voters tend to be more "liberal" and supportive of foreign "AID."
In reality, much of what World Bank & IMF do is NOT genuine "AID" - but MORE GOLDMAN-SACHS style "pump & squeeze" ECONOMIC EXTORTION.
In either case, Goldman-Sachs and the NY financial lobby can STEAMROLL _ANY_ opposition to their World Bank, IMF, and other global financial EXTORTION schemes, simply by ATTACHING the funding for those "economic hit-man" institutions directly to WAR FUNDING, and getting their bought-and-owned US whore (corporate) media to NOT report on the extortionate nature of IMF & World Bank loans to countries MIRED IN DEBT & POVERTY after the IMF & World Bank & US banks are done with them.]
-----------------------------------------------------------
Goldman Sach's BIGGEST ALLIES in the THEFT OF TRILLIONS from the American public (and foreign countries as well): the NEW YORK TIMES and WASHINGTON POST are now ENTIRELY "Neo-Conservative" propaganda organizations:
The "Neo-Conservative agenda" is simplicity itself: MORE WARS OVERSEAS (an ever-expanding US imperial military empire, backed up by trillions of taxpayer dollars funding weapons programs and their use to kill foreigners); a POLICE STATE in America to root out opposition to the War State as relentlessly as any Roman, Byzantine, Asian, or modern dictatorship ever did; and, above all, a RELENTLESS CONCENTRATION of WEALTH AND POWER in and among the ELITES, at the expense of democracy and democratic institutions.
In short, the Neo-Con agenda is the NAZI-lite agenda; and its most powerful practitioners are not Rupert Murdoch's FOX 'news' nor the dealing-with-North-Korea Sung Yung Moon's Washington Times organization: THE BIGGEST ADVOCATES in America of the NEO-CONSERVATIVE DICTATORIAL Agenda are the NEW YORK TIMES, WASHINGTON POST, and AOL Time/WARNER corporations, which instituions PRETEND that they are "liberal" culturally**, but at core are RUTHLESSLY DICTATORIAL institutions "IN" on the SLUSH-FUND EXTORTION of the American Public and US government.
** (note: the major papers & media conglomerates PRETEND they are "liberal" culturally, at least in comparison to America's would-be Christian Ayatollahs, like Sarah Palin trying to force taxpayers to fund millions for "ABSTINENCE EDUCATION" even as she tolerated her daughter having overnight sex with her boyfriend in Sarah Palin's own home; or like the anti-abortion zealots who are perfectly willing to resort to a reign of MURDER and TERROR to CRIMINALIZE women's reproductive health in an effort to assert god-like political powers of authority over vast swaths of the American political debate. That is, by broadcasting risque, sexually laced entertainment shows or promoting a leisure & entertainment lifestyle America's corporate media conglomerates APPEAR to be "LIBERAL", when in fact they are reactionary right-wing institutions.]
Here, the Neo-Con agenda in a nutshell: US weapons used to KILL AFGHAN CIVILIANS;
US ACCEPTS BLAME [??] for deaths of 26 Afghan civilians
http://news.yahoo.com/s/ap/20090620/ap_on_go_ca_st_pe/us_us_afghanistan
AP 'news' WASHINGTON – The United States "accidentally" killed an estimated 26 Afghan civilians last month when a warplane did not strictly adhere to rules for bombing, the U.S. military concluded in a report that recommends even tighter controls to limit deaths that risk turning Afghans against the U.S war effort.
"The inability to discern the presence of civilians and assess the potential collateral damage of those strikes is inconsistent with the U.S. government's objective of providing security and safety for the Afghan people," the report prepared by U.S. Central Command said.
WOULD the US and Goldman-Sachs Neo-Cons KILL EVERY MAN, WOMAN, and CHILD in AFGHANISTAN, IRAQ, and IRAN if they could just get away with it?
WOULD they STEAL THOUSANDS of BILLIONS of dollars from American taxpayers, and PRETEND that, after paying back some lousy $50 billion, we are all even?
And here's our textbook example of a GOLDMAN-SACHS FINANCED Neo-Con "intellectual" war-monger supreme: this past Friday, the WASHINGTON POST _FIRED_ its token honest, genuinely "liberal" columnist DAN FROOMKIN... and instead gave the paper's editorial space to PAUL WOLFOWITZ, the "ARCHITECT" of the ILLEGAL and MURDEROUS US INVASION of Iraq:
As Post fires liberal columnist, Bush war architect gets ink
By John Byrne, RawStory.com
June 19, 2009
http://rawstory.com/08/news/2009/06/19/as-post-fires-froomkin-wolfowitz/
On Thursday, the Washington Post confirmed it had fired liberal online columnist Dan Froomkin. On Friday, they gave a guest column to Bush war architect Paul Wolfowitz.
To be fair, Wolfowitz isn’t being paid, and his column is a guest editorial. But the paper’s promotion of a man who was a key architect of President George W. Bush’s policy on Iraq — and one of its most ardent hawks — is sure to raise eyebrows among the liberals and those critical of the Post’s coverage in the run-up to the Iraq war.
---------------------------------------------
[note: Wolfowitz may not be being paid DIRECTLY by the WashPost; BUT he IS most certainly BEING PAID by the GODLMAN-SACHS and OIL COMPANY FUNDED THINK TANKS that are the PROPAGANDA FRONTS for the NEO-CON WAR & taxpayer-extortion machines; of which the Wash. Post, NY Times, CNN/Time/Warner are the most well known pro-wars propaganda fronts.]
----------------------------------------
The RELENTLESS NY TIMES, WASHINGTON POST, CNN/Time/Warner, Fox 'news' (et al) Neo-Con DICTATORIAL pro-war PROPAGANDA CORPORATE DRUMBEAT makes anti-war Democrat legislators COWER IN FEAR:
The ‘Antiwar’ Democrats Who Sold Out
by Jeremy Scahill, June 18, 2009
http://original.antiwar.com/scahill/2009/06/17/shame-the-antiwar-democrats-who-sold-out/
Wednesday, June 17, 2009
Barack Obama, Rahm Emanuel, Robert Rubin, Lawrence Summers.. and the looming DEATH of the US Economy (and Democratic Party, too)...
President Obama is party to the TEN TRILLION DOLLAR GIVEAWAY of TAXPAYER dollars to the MASSIVELY FRAUDULENT US banks and "financial institutions" - over the past 12 months, alone!
We are greatful to the insightful "liberal" radio host THOM HARTMANN for putting in to words what we have been sputtering at spitting out:
That President Barack Obama is NOW PARTY TO __MASSIVE FINANICAL FRAUD__; and as the results of Mr. Obama's "economics" team handing out TEN TRILLION DOLLARS of TAXPAYER money to the very banks, brokerage houses, and "finacial institutions" who created the Economic Crisis of 2008-2009 starts to filter out to America, the Democratic Party will become hated & reviled, and the Republican Party - which is as responsible for the Economic downturn as the Democrats were - will reap the gain.
In a nutshell, in turning his ENTIRE ADMINISTRATION over to RAHM EMANUEL, ROBERT RUBIN, and LAWRENCE SUMMERS (and their hired lackey & incompetent fellow bankster Timmy Geithner) - multi-millionaire banksters all (except for Geithner, who was "rewarded" for his financial fraud complicity merely by being fast-tracked from obscurity to the top levels of world finance & manipulation) - President Obama has EMPOWERED THEM to PAPER OVER BILLIONS of dollars of MASSIVE FINANCIAL FRAUD, PERPETRATED AGAINST the American people over the past dozen years - by giving those banksters DIRET ACCESS to the Taxpayers wallets and pockets... to the tune of TEN TRILLION DOLLARS in new "BAILOUTS" and back-door Fed Reserve "money creation" -
- "funny money" created out of THIN AIR, that OBLIGATES American citizens and taxpayers to PRODUCE REAL GDP products & production, which the very PRIVATE Fed Reserve banksters attempt to REAP THE FINANICAL HARVEST from...
...Even as American workers' PRODUCTIVITY goes UP, and even as the banksters create TRILLIONS of dollars to feast on for themselves, REAL WAGES, much less job security and America's vaunted standard of living, and the entire American economy, GO DOWN.
As Mr. Hartmann and his guest, Dr. Michael Hudson point out, REPUBLICANS ARE CORRECT to point out, that BARACK OBAMA is ADDING TO THE US DEFICITS, at a rate FAR HIGHER THAN BUSH & Cheney did right up to 2008 - at 4 minutes into the video, Dr. Hudson explains that a year ago the US DEFICITS were FIVE TRILLION DOLLARS, and that they are now moving in on FIFTEEN TRILLION DOLLARS.
For the first time in 10 years, Republicans WILL NOT BE LYING when they lay the blame for MASSIVE US government DEFICITS at the feet of DEMOCRATS, because Mr. Obama in an unbelievably stupidly and incredibly niave manner, is in the thrall of his corrupt and self-serving neo-con banksters and financial fraudsters.
(see our previous post, ROBERT RUBIN and LAWRENCE SUMMERS are both in journalist Robert Scheer's "TOP FIVE MEN MOST RESPONSIBLE FOR THIS ECONOMIC CRISIS" editorial)
We are greatful to the insightful "liberal" radio host THOM HARTMANN for putting in to words what we have been sputtering at spitting out:
That President Barack Obama is NOW PARTY TO __MASSIVE FINANICAL FRAUD__; and as the results of Mr. Obama's "economics" team handing out TEN TRILLION DOLLARS of TAXPAYER money to the very banks, brokerage houses, and "finacial institutions" who created the Economic Crisis of 2008-2009 starts to filter out to America, the Democratic Party will become hated & reviled, and the Republican Party - which is as responsible for the Economic downturn as the Democrats were - will reap the gain.
In a nutshell, in turning his ENTIRE ADMINISTRATION over to RAHM EMANUEL, ROBERT RUBIN, and LAWRENCE SUMMERS (and their hired lackey & incompetent fellow bankster Timmy Geithner) - multi-millionaire banksters all (except for Geithner, who was "rewarded" for his financial fraud complicity merely by being fast-tracked from obscurity to the top levels of world finance & manipulation) - President Obama has EMPOWERED THEM to PAPER OVER BILLIONS of dollars of MASSIVE FINANCIAL FRAUD, PERPETRATED AGAINST the American people over the past dozen years - by giving those banksters DIRET ACCESS to the Taxpayers wallets and pockets... to the tune of TEN TRILLION DOLLARS in new "BAILOUTS" and back-door Fed Reserve "money creation" -
- "funny money" created out of THIN AIR, that OBLIGATES American citizens and taxpayers to PRODUCE REAL GDP products & production, which the very PRIVATE Fed Reserve banksters attempt to REAP THE FINANICAL HARVEST from...
...Even as American workers' PRODUCTIVITY goes UP, and even as the banksters create TRILLIONS of dollars to feast on for themselves, REAL WAGES, much less job security and America's vaunted standard of living, and the entire American economy, GO DOWN.
As Mr. Hartmann and his guest, Dr. Michael Hudson point out, REPUBLICANS ARE CORRECT to point out, that BARACK OBAMA is ADDING TO THE US DEFICITS, at a rate FAR HIGHER THAN BUSH & Cheney did right up to 2008 - at 4 minutes into the video, Dr. Hudson explains that a year ago the US DEFICITS were FIVE TRILLION DOLLARS, and that they are now moving in on FIFTEEN TRILLION DOLLARS.
For the first time in 10 years, Republicans WILL NOT BE LYING when they lay the blame for MASSIVE US government DEFICITS at the feet of DEMOCRATS, because Mr. Obama in an unbelievably stupidly and incredibly niave manner, is in the thrall of his corrupt and self-serving neo-con banksters and financial fraudsters.
(see our previous post, ROBERT RUBIN and LAWRENCE SUMMERS are both in journalist Robert Scheer's "TOP FIVE MEN MOST RESPONSIBLE FOR THIS ECONOMIC CRISIS" editorial)
Friday, June 5, 2009
Robert Scheer NAMES OBAMA's "economic team" of THUGS as THE ARCHITECTS of Recession 2008...
Robert Scheer names names: ALAN GREENSPAN, uber-Right-Wing Republicans PHIL GRAMM and JIM LEACH (both co-authors of the the "Gramm-LEACH-Bliley Act of 1999") and ROBERT RUBIN and LAWRENCE SUMMERS, are THE FIVE MEN _MOST RESPONSIBLE_ for the Current Economic Crisis.
We here at DemNationUSA are HUGE fans of Robert Parry, Thom Hartmann, and Paul Krugman, as well as of Robert Scheer, and we are DELIGHTED to read Scheer's current op-ed, which expresses better than we have been able to our frustration with the reflexive "liberal" position to BLAME REAGAN.
As Scheer so insightfully points out, it is President Obama's "Democrat" team - along with two or three Republicans - who are DIRECTLY RESPONSIBLE for THIS Economic Crisis, FAR MORE than Ronald Reagan, who really, truly WAS "out of the loop" of most of the Iran-Contra scandal (which PRIVATE, SECRET, ILLEGAL wars of slow-burn genocide and death-squad dictatorships were BEING RUN BY FORMER CIA DIRECTOR, TEXAS OIL MAN, and then Vice President GEORGE H.W. Bush (Sr.)
========================================
Reagan Didn't Do It June 3, 2009
http://www.thenation.com/doc/20090615/scheer
How could Paul Krugman, winner of the Nobel Prize in economics and author of generally excellent columns in the New York Times, get it so wrong? His column last Sunday--"Reagan Did It"--which stated that "the prime villains behind the mess we're in were Reagan and his circle of advisers," is perverse in shifting blame from the obvious villains closer at hand.
It is disingenuous to ignore the fact that the derivatives scams at the heart of the economic meltdown DID NOT EXIST in President Reagan's time. The huge expansion in collateralized mortgage and other debt, the bubble that burst, was the direct result of enabling deregulatory legislation pushed through during the Clinton years.
Ronald Reagan's signing off on legislation easing mortgage requirements back in 1982 pales in comparison to the damage wrought fifteen years later by a cabal of powerful Democrats and Republicans who enabled the wave of newfangled financial gimmicks that resulted in the economic collapse. Reagan didn't do it, but Clinton-era Treasury Secretaries Robert Rubin and Lawrence Summers, now a top economic adviser in the Obama White House, did. They, along with then-Fed Chairman Alan Greenspan and Republican congressional leaders James Leach and Phil Gramm, blocked any effective regulation of the over-the-counter derivatives that turned into the toxic assets now being paid for with tax dollars.
Reagan signed legislation making it easier for people to obtain mortgages with lower down payments, but as long as the banks that made those loans expected to have to carry them for thirty years they did the due diligence needed to qualify creditworthy applicants. The problem occurred only when that mortgage debt could be aggregated and sold as securities to others in an unregulated market.
The growth in that unregulated OTC market alarmed Brooksley Born, the Clinton-appointed head of the Commodity Futures Trading Commission, and she dared propose that her agency regulate that market. The destruction of the government career of the heroic and prescient Born was accomplished when the wrath of the old boys club descended upon her. All five of the above mentioned men sprang into action, condemning Born's proposals as threatening the "legal certainty" of the OTC market and the world's financial stability.
They won the day with the passage of the Commodity Futures Modernization Act, which put the OTC derivatives beyond the reach of any government agency or existing law. It was a license to steal, and that is just what occurred. Between 1998 and 2008, the notational value of the OTC derivatives market grew from $72 trillion to a whopping $684 trillion. That is the iceberg that our ship of state has encountered, and it began to form on Bill Clinton's watch, not Reagan's.
How can Krugman ignore the wreckage wrought during the Clinton years by the gang of five? Rubin, who convinced President Clinton to end the New Deal restrictions on the merger of financial entities, went on to help run the too-big-to-fail Citigroup into the ground. Gramm became a top officer at the nefarious UBS bank. Greenspan's epitaph should be his statement to Congress in July 1998 that "regulation of derivatives transactions that are privately negotiated by professionals is unnecessary." That same week Summers assured banking lobbyists that the Clinton administration was committed to preventing government regulation of swaps and other derivatives trading.
Then-Rep. Leach, as chairman of the powerful House Banking Committee, codified that concern in legislation to prevent the Commodity Futures Trading Commission or anyone else from regulating the OTC derivatives, and American Banker magazine reported that the legislation "sponsored by Chairman Jim Leach is most popular with the financial services industry because it would provide so-called legal certainty for swaps transactions. ... "
Legal certainty for swaps--meaning the insurance policies of the sort that AIG sold for collateralized debt obligations without looking too carefully into what was being insured and, more important, without putting aside reserves to back up the policies in the case of defaults--is what caused the once respectable company to eventually be taken over by the US government at a cost of $185 billion to taxpayers.
Leach, an author of the Gramm-Leach-Bliley Act, which allowed banks like Citigroup to become too big to fail, is now a member of the board of directors of ProPublica, which bills itself as "a non-profit newsroom producing journalism in the public interest." Leach serves as the chair of a prize jury that ProPublica has created to honor "outstanding investigative work by governmental groups," and perhaps he will grant one retrospectively to Brooksley Born and the federal commission she ran so brilliantly before Leach and his buddies destroyed her.
About Robert Scheer
Robert Scheer, a contributing editor to The Nation, is editor of Truthdig.com and author of The Pornography of Power: How Defense Hawks Hijacked 9/11 and Weakened America (Twelve) and Playing President (Akashic Books). He is author, with Christopher Scheer and Lakshmi Chaudhry, of The Five Biggest Lies Bush Told Us About Iraq (Akashic Books and Seven Stories Press.) His weekly column, distributed by Creators Syndicate, appears in the San Francisco Chronicle. more...
We here at DemNationUSA are HUGE fans of Robert Parry, Thom Hartmann, and Paul Krugman, as well as of Robert Scheer, and we are DELIGHTED to read Scheer's current op-ed, which expresses better than we have been able to our frustration with the reflexive "liberal" position to BLAME REAGAN.
As Scheer so insightfully points out, it is President Obama's "Democrat" team - along with two or three Republicans - who are DIRECTLY RESPONSIBLE for THIS Economic Crisis, FAR MORE than Ronald Reagan, who really, truly WAS "out of the loop" of most of the Iran-Contra scandal (which PRIVATE, SECRET, ILLEGAL wars of slow-burn genocide and death-squad dictatorships were BEING RUN BY FORMER CIA DIRECTOR, TEXAS OIL MAN, and then Vice President GEORGE H.W. Bush (Sr.)
========================================
Reagan Didn't Do It June 3, 2009
http://www.thenation.com/doc/20090615/scheer
How could Paul Krugman, winner of the Nobel Prize in economics and author of generally excellent columns in the New York Times, get it so wrong? His column last Sunday--"Reagan Did It"--which stated that "the prime villains behind the mess we're in were Reagan and his circle of advisers," is perverse in shifting blame from the obvious villains closer at hand.
It is disingenuous to ignore the fact that the derivatives scams at the heart of the economic meltdown DID NOT EXIST in President Reagan's time. The huge expansion in collateralized mortgage and other debt, the bubble that burst, was the direct result of enabling deregulatory legislation pushed through during the Clinton years.
Ronald Reagan's signing off on legislation easing mortgage requirements back in 1982 pales in comparison to the damage wrought fifteen years later by a cabal of powerful Democrats and Republicans who enabled the wave of newfangled financial gimmicks that resulted in the economic collapse. Reagan didn't do it, but Clinton-era Treasury Secretaries Robert Rubin and Lawrence Summers, now a top economic adviser in the Obama White House, did. They, along with then-Fed Chairman Alan Greenspan and Republican congressional leaders James Leach and Phil Gramm, blocked any effective regulation of the over-the-counter derivatives that turned into the toxic assets now being paid for with tax dollars.
Reagan signed legislation making it easier for people to obtain mortgages with lower down payments, but as long as the banks that made those loans expected to have to carry them for thirty years they did the due diligence needed to qualify creditworthy applicants. The problem occurred only when that mortgage debt could be aggregated and sold as securities to others in an unregulated market.
The growth in that unregulated OTC market alarmed Brooksley Born, the Clinton-appointed head of the Commodity Futures Trading Commission, and she dared propose that her agency regulate that market. The destruction of the government career of the heroic and prescient Born was accomplished when the wrath of the old boys club descended upon her. All five of the above mentioned men sprang into action, condemning Born's proposals as threatening the "legal certainty" of the OTC market and the world's financial stability.
They won the day with the passage of the Commodity Futures Modernization Act, which put the OTC derivatives beyond the reach of any government agency or existing law. It was a license to steal, and that is just what occurred. Between 1998 and 2008, the notational value of the OTC derivatives market grew from $72 trillion to a whopping $684 trillion. That is the iceberg that our ship of state has encountered, and it began to form on Bill Clinton's watch, not Reagan's.
How can Krugman ignore the wreckage wrought during the Clinton years by the gang of five? Rubin, who convinced President Clinton to end the New Deal restrictions on the merger of financial entities, went on to help run the too-big-to-fail Citigroup into the ground. Gramm became a top officer at the nefarious UBS bank. Greenspan's epitaph should be his statement to Congress in July 1998 that "regulation of derivatives transactions that are privately negotiated by professionals is unnecessary." That same week Summers assured banking lobbyists that the Clinton administration was committed to preventing government regulation of swaps and other derivatives trading.
Then-Rep. Leach, as chairman of the powerful House Banking Committee, codified that concern in legislation to prevent the Commodity Futures Trading Commission or anyone else from regulating the OTC derivatives, and American Banker magazine reported that the legislation "sponsored by Chairman Jim Leach is most popular with the financial services industry because it would provide so-called legal certainty for swaps transactions. ... "
Legal certainty for swaps--meaning the insurance policies of the sort that AIG sold for collateralized debt obligations without looking too carefully into what was being insured and, more important, without putting aside reserves to back up the policies in the case of defaults--is what caused the once respectable company to eventually be taken over by the US government at a cost of $185 billion to taxpayers.
Leach, an author of the Gramm-Leach-Bliley Act, which allowed banks like Citigroup to become too big to fail, is now a member of the board of directors of ProPublica, which bills itself as "a non-profit newsroom producing journalism in the public interest." Leach serves as the chair of a prize jury that ProPublica has created to honor "outstanding investigative work by governmental groups," and perhaps he will grant one retrospectively to Brooksley Born and the federal commission she ran so brilliantly before Leach and his buddies destroyed her.
About Robert Scheer
Robert Scheer, a contributing editor to The Nation, is editor of Truthdig.com and author of The Pornography of Power: How Defense Hawks Hijacked 9/11 and Weakened America (Twelve) and Playing President (Akashic Books). He is author, with Christopher Scheer and Lakshmi Chaudhry, of The Five Biggest Lies Bush Told Us About Iraq (Akashic Books and Seven Stories Press.) His weekly column, distributed by Creators Syndicate, appears in the San Francisco Chronicle. more...
Tuesday, June 2, 2009
Worshipping A MURDEROUS GOD: America's MURDEROUS CHRISTIANIST Jihadis FORCE WOMEN to CARRY STILLBORN FETUSES 8-10 weeks to delivery!
Visit msnbc.com for Breaking News, World News, and News about the Economy
Tonight Keith Olbermann's MSNB 'Countdown' news show had a HEART-RENDING INTERVIEW with Susan Hill, a woman friend of the late, MURDERED Doctor George Tiller.
In the heartrending conversation, Ms. recalled how Dr. Tiller would FLY 10 and ELEVEN YEAR OLD GIRLS - victims of rape or incest - from Mississippi or other clinics that could not spare these poor girls from their (possibly life-threatening) pregnancies, to his clinic in Kansas, where he would perform the surgical operations at no cost to the victimized girls.
(Quite contrary to HATE-MONGERING FOX 'news' DEMAGAGOGUE Bill O'Reilly's insinuations that Dr. Tiller performed the operations soley for a $5,000 payoff.)
In another case Ms. Hill recited how doctors at one health-care facility wanted to force a woman to CARRY A "FETAL DEMASIS" - a dead fetus, a stillborn baby before it had been born - to term - eight to ten weeks away, with a high probability of further health trauma to the mother... a mother FORCED by America's MURDEROUSLY MORALIZING "Christians' TO CARRY THE DEAD BABY "God" had seen fit to KILL IN HER WOMB!!
America's ANTI-ABORTION Jihadi "Christians" are members of a MURDEROUS CULT of SUPERIORITY and SELF-RIGHTEOUSNESS, EXACTLY the same in intent, if not quantity, with the Nazis of WWII.
No matter how big a gang their church may be, or how many other millions of Americans may agree with them, THESE PEOPLE would CHEER the BURNING OF JOAN OF ARC at the stake, of the DROWNING and HANGING of ACCUSED WITCHES at Salem, if they were able to stroke each other's "moral superiority" IN THE SERVICE of a 'god' who SEES FIT to MURDER BABIES in a woman's womb, DEPRIVING COUNTLESS CHILDREN throughout history of their natural mother - mothers who, according to the bible, DIED a death in childbirth, or due to complications from pregnancy, due to an ETERNAL CURSE a DAMNING god placed for all eternity on the female descendents of Eve !!
note: according to one Fetal Demise website quoting National Center for Health Statistics, the FETAL MORTALITY RATE is 6.5 per 1,000 births!!
http://www.obfocus.com/high-risk/Demise/IUFD.htm
http://www.cdc.gov/nchs/fetal_death.htm
Or, in plain English, IF you believe in a omnipotent & omnipresent god who CREATED THE ENTIRE UNIVERSE, then "he" SEES FIT to KILL nearly ONE out of every hundred-and-fifty or so babies!!
That is a HUGE number of "GOD KILLING UNBORN BABIES" if you believe the bible literally!
(note 2: Although, we must acknowledge, god does seem to work in mysterious ways: Abraham Lincoln's mother died when he was a boy; and his older sister, to whom Lincoln was deeply attached, died within a year of her leaving the Lincoln home after marriage, due to complications during giving birth. And yet another young woman to whom Lincoln was a friend and may have become emotionally attached died very young as well.
Some Lincoln historians & biographers suggest that it was Lincoln's frequent brushes with death in his youth that would forge in him a strong sense of the ephemeral nature of human (mortal) life; and a sense that the almighty and eternal demanded that good people make sacrifices towards the betterment of mankind; a sense of GREAT MORAL PURPOSE that would later steel Lincoln to so forcefully and determindly oppose slavery.
Lincoln knew that his candidacy and presidency to CONTAIN (NOT eliminate) slavery would come at great cost, but his intense personal conviction and determination, steeled in those personal tragedies, gave him the strength to persevere during the dismal Civil War years, with their tremendous losses of human life & tragedy, for a war which Southerners always blamed him.)
Monday, June 1, 2009
AIG's on-going GREED & Corruption make OBAMA LOOK STUPID, WEAK, VENAL, & CORRUPT...
President Obama's DETERMINATION to "SEE NO EVIL, HEAR NO EVIL, and for god's sake, SPEAK NO EVIL" about the VAST GREED and ABJECT CORRUPTION in America's financial markets, is making him, President Obama, LOOK STUPID, WEAK, VENAL ethically challenged, IGNORANT, & CORRUPT.
And, indeed, President Obama IS ALL OF THOSE THINGS. IF a company book-keeper notices that executives are ROBBING the company's treasury, and the book-keeper says nothing.. HE BECOMES A PARTY, or ACCESSORY, to that GRAFT.
IF a cop witnesses a little old lady being MUGGED for her purse, and the cop knows where the mugger lives but makes NO effort to apprehend the thief, the cop becomes an accessory to criminal conduct.
And IF the CHIEF EXECUTIVE of the UNITED STATES of America willfully and INTENTIONALLY TURNS A BLIND EYE to CRIMINAL BEHAVIOUR and FRAUDULENT financial accounting, he, too, BECOMES PARTY TO CRIMINAL FRAUD.
And even if AIG executives trying to "CLAW BACK" millions of dollars donated to "Charity" over the past 8 years does not rise to the level of "criminal conduct," the fact remains: PRESIDENT OBAMA has made NO EFFORT to GET TO THE BOTTOM of AIG's ATROCIOUS BOOKKEEPING, because Obama is RUNNING A PROTECTION RACKET for HIS OWN WALL STREET Banksters' syndicate.
And the above does indeed rise to the level of SHEER FRAUD AND CORRUPTION, because now the US government OWNS 80% of AIG !!
AIG CHARITY GRAB
BIDS TO CLAW BACK GRANTS TO PAY BONUSES
NY Post, May 31, 2009
http://www.nypost.com/seven/05312009/business/aig_charity_grab_171832.htm
Insurance giant AIG is trying to seize a $490 million charitable endowment -- and claw back $27 million it already awarded to New York charities -- to pay executive bonuses, The Post has learned.
The government owns nearly 80 percent of AIG due to the Treasury's $70 billion cash infusion and loans for up to $85 billion.
And, indeed, President Obama IS ALL OF THOSE THINGS. IF a company book-keeper notices that executives are ROBBING the company's treasury, and the book-keeper says nothing.. HE BECOMES A PARTY, or ACCESSORY, to that GRAFT.
IF a cop witnesses a little old lady being MUGGED for her purse, and the cop knows where the mugger lives but makes NO effort to apprehend the thief, the cop becomes an accessory to criminal conduct.
And IF the CHIEF EXECUTIVE of the UNITED STATES of America willfully and INTENTIONALLY TURNS A BLIND EYE to CRIMINAL BEHAVIOUR and FRAUDULENT financial accounting, he, too, BECOMES PARTY TO CRIMINAL FRAUD.
And even if AIG executives trying to "CLAW BACK" millions of dollars donated to "Charity" over the past 8 years does not rise to the level of "criminal conduct," the fact remains: PRESIDENT OBAMA has made NO EFFORT to GET TO THE BOTTOM of AIG's ATROCIOUS BOOKKEEPING, because Obama is RUNNING A PROTECTION RACKET for HIS OWN WALL STREET Banksters' syndicate.
And the above does indeed rise to the level of SHEER FRAUD AND CORRUPTION, because now the US government OWNS 80% of AIG !!
AIG CHARITY GRAB
BIDS TO CLAW BACK GRANTS TO PAY BONUSES
NY Post, May 31, 2009
http://www.nypost.com/seven/05312009/business/aig_charity_grab_171832.htm
Insurance giant AIG is trying to seize a $490 million charitable endowment -- and claw back $27 million it already awarded to New York charities -- to pay executive bonuses, The Post has learned.
The government owns nearly 80 percent of AIG due to the Treasury's $70 billion cash infusion and loans for up to $85 billion.
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