La Cabeza Obscura

If you don’t read anything else about the financial crisis, read this as well as disregard all of the lies pushed by the commercial media

troubleforvinyl — Sun, 05 Apr 2009 01:22:10 -0400

I have told friends that the reason we are in a mess in this world is because of the fact that of institutionalized culture of corruption. The following describes this with regards to the financial crisis from pbs http://www.pbs.org/moyers/journal/04032009/transcript1.html April 3, 2009 BILL MOYERS: Welcome to the Journal. For months now, revelations of the wholesale greed as well as blatant transgressions of Wall Street have reminded us that “The Best Way to Rob a Bank Is to Own One.” In fact, the man you’re about to meet wrote a book with just that title. It was based upon his experience as a tough regulator during one of the darkest chapters in our financial history: the savings as well as loan scandal in the late 1980s. WILLIAM K. BLACK: These numbers as large as they are, vastly understate the problem of fraud. BILL MOYERS: Bill Black was in New York this week on behalf of a conference at the John Jay College of Criminal Justice where scholars as well as journalists gathered to request the question, “How do they get away with it?” Well, no one has requested that question more often than Bill Black. The former Director of the Institute on behalf of Fraud Prevention now teaches Economics as well as Law at the University of Missouri, Kansas City. During the savings as well as loan crisis, it was Black who accused then-house speaker Jim Wright as well as five US Senators, including John Glenn as well as John McCain, of doing favors on behalf of the S&L’s in exchange on behalf of contributions as well as other perks. The senators got off with a slap on the wrist, but so enraged was one of those bankers, Charles Keating — at the end of whom the senate’s so-called “Keating Five” were named — he sent a memo that read, in part, “get Black — kill him dead.” Metaphorically, of course. Of course. Now Black is focused on an even greater scandal, as well as he spares no one — not even the President he worked hard to elect, Barack Obama. But his predominant targets are the Wall Street barons, heirs of an earlier generation whose scandalous rip-offs of wealth back in the 1930s earned them comparison to Al Capone as well as the mob, as well as the nickname “banksters.” Bill Black, welcome to the Journal. WILLIAM K. BLACK: Thank you. BILL MOYERS: I was taken with your candor at the conference here in New York to hear you say that this crisis we’re going through, this economic as well as financial meltdown is driven by fraud. What’s your definition of fraud? WILLIAM K. BLACK: Fraud is deceit. And the essence of fraud is, “I create trust in you, as well as then I betray that trust, as well as get you to give me something of value.” And as a result, there’s no more effective acid against trust than fraud, especially fraud by top elites, as well as that’s what we have. BILL MOYERS: In your book, you manufacture it clear that calculated dishonesty by people in charge is at the heart of an estimated all large corporate failures as well as scandals, including, of course, the S&L, but is that true? Is that what you’re saying here, that it was in the boardrooms as well as the CEO offices where this fraud began? WILLIAM K. BLACK: Absolutely. BILL MOYERS: How did they do it? What do you mean? WILLIAM K. BLACK: Well, the way that you do it is to manufacture really bad loans, because of the fact that they pay better. Then you grow extremely rapidly, in other words, you’re a Ponzi-like scheme. And the third thing you do is we call it leverage. That just means borrowing a lot of money, as well as the combination creates a situation where you have guaranteed record profits in the early years. That makes you rich, through the bonuses that modern executive compensation has produced. It also makes it inevitable that there’s going to be a disaster down the road. BILL MOYERS: So you’re suggesting, saying that CEOs of some of these banks as well as mortgage firms in order to increase their posses personal income, deliberately set out to manufacture bad loans? WILLIAM K. BLACK: Yes. BILL MOYERS: How do they get away with it? I mean, what about their posses checks as well as balances in the company? What about their accounting divisions? WILLIAM K. BLACK: All of those checks as well as balances report to the CEO, so if the CEO goes bad, all of the checks as well as balances are easily overcome. And the art form is not simply to defeat those internal controls, but to suborn them, to turn them into your greatest allies. And the bonus programs are exactly how you do that. BILL MOYERS: If I wanted to go looking on behalf of the parties to this, with a good bird dog, where would you send me? WILLIAM K. BLACK: Well, that’s exactly what hasn’t happened. We haven’t looked, all right? The Bush Administration essentially got rid of regulation, so if nobody was looking, you were able to do this with impunity as well as that’s exactly what happened. Where would you look? You’d look at the specialty lenders. The lenders that did an estimated all of their work in the sub-prime as well as what’s referred to as Alt-A, liars’ loans. BILL MOYERS: Yeah. Liars’ loans– WILLIAM K. BLACK: Liars’ loans. BILL MOYERS: Why did they call them liars’ loans? WILLIAM K. BLACK: Because they were liars’ loans. BILL MOYERS: And they knew it? WILLIAM K. BLACK: They knew it. They knew that they were frauds. WILLIAM K. BLACK: Liars’ loans mean that we don’t check. You tell us what your income is. You tell us what your job is. You tell us what your assets are, as well as we agree to trust you. We won’t check on any of those things. And by the way, you get a better deal if you inflate your income as well as your job history as well as your assets. BILL MOYERS: You think they really said that to borrowers? WILLIAM K. BLACK: We know that they said that to borrowers. In fact, they were also called, in the trade, ninja loans. BILL MOYERS: Ninja? WILLIAM K. BLACK: Yeah, because of the fact that no income verification, no job verification, no asset verification. BILL MOYERS: You’re talking about significant American companies. WILLIAM K. BLACK: Huge! One company produced as numerous losses as the entire Savings as well as Loan debacle. BILL MOYERS: Which company? WILLIAM K. BLACK: IndyMac specialized in making liars’ loans. In 2006 alone, it sold $80 billion dollars of liars’ loans to other companies. $80 billion. BILL MOYERS: And was this happening exclusively in this sub-prime mortgage business? WILLIAM K. BLACK: No, as well as that’s a big part of the story as well. Even prime loans began to have non-verification. Even Ronald Reagan, you know, said, “Trust, but verify.” They just gutted the verification process. We know that shall produce enormous fraud, under economic theory, criminology theory, as well as two thousand years of life experience. BILL MOYERS: Is it possible that these complex instruments were deliberately created so swindlers could exploit them? WILLIAM K. BLACK: Oh, absolutely. This stuff, the exotic stuff that you’re talking about was created out of things like liars’ loans, that were known to be extraordinarily bad. And now it was getting triple-A ratings. Now a triple-A rating is supposed to mean there's zero credit risk. So you take something that not only has significant, it has crushing risk. That’s why it’s toxic. And you create this fiction that it has zero risk. That itself, of course, is a fraudulent exercise. And again, there was nobody looking, during the Bush years. So finally, only per annum ago, we started to have a Congressional investigation of some of these rating agencies, as well as it’s scandalous what came out. What we know now is that the rating agencies never looked at a single loan file. When they ultimately did look, at the end of the markets had completely collapsed, they found, as well as I’m quoting Fitch, the smallest of the rating agencies, “the results were disconcerting, in that there was the appearance of fraud in nearly every file we examined.” BILL MOYERS: So if your assumption is correct, your evidence is sound, the bank, the lending company, created a fraud. And the ratings agency that is supposed to test the value of these assets knowingly entered into the fraud. Both parties are committing fraud by intention. WILLIAM K. BLACK: Right, as well as the investment banker that — we call it pooling — puts combined these bad mortgages, these liars’ loans, as well as creates the toxic waste of these derivatives. All of them do that. And then they sell it to the world as well as the world just thinks because of the fact that it has a triple-A rating it must actually be safe. Well, instead, there are 60 as well as 80 percent losses on these things, because of the fact that of course they, in reality, are toxic waste. BILL MOYERS: You’re describing what Bernie Madoff did to a limited number of people. But you’re saying it’s systemic, a systemic Ponzi scheme. WILLIAM K. BLACK: Oh, Bernie was a piker. He doesn’t even get into the front ranks of a Ponzi scheme… BILL MOYERS: But you’re saying our system became a Ponzi scheme. WILLIAM K. BLACK: Our system… BILL MOYERS: Our financial system… WILLIAM K. BLACK: Became a Ponzi scheme. Everybody was buying a pig in the poke. But they were buying a pig in the poke with a pretty pink ribbon, as well as the pink ribbon said, “Triple-A.” BILL MOYERS: Is there a law against liars’ loans? WILLIAM K. BLACK: Not directly, but there, of course, numerous laws against fraud, as well as liars’ loans are fraudulent. BILL MOYERS: Because… WILLIAM K. BLACK: Because they’re not going to be repaid as well as because of the fact that they had false representations. They involve deceit, which is the essence of fraud. BILL MOYERS: Why is it so hard to prosecute? Why hasn’t anyone been took to justice over this? WILLIAM K. BLACK: Because they didn’t even begin to investigate the major lenders until the market had actually collapsed, which is completely contrary to what we did successfully in the Savings as well as Loan crisis, right? Even while the institutions were reporting they were the an estimated all profitable savings as well as loan in America, we knew they were frauds. And we were moving to close them down. Here, the Justice Department, even though it very appropriately warned, in 2004, that there was an epidemic… BILL MOYERS: Who did? WILLIAM K. BLACK: The FBI publicly warned, in September 2004 that there was an epidemic of mortgage fraud, that if it was permitted to continue it would produce a crisis at least as large as the Savings as well as Loan debacle. And that they were going to manufacture sure that they didn’t let that happen. So what goes wrong? After 9/11, the attacks, the Justice Department transfers 500 white-collar specialists in the FBI to national terrorism. Well, we can all understand that. But then, the Bush administration refused to replace the missing 500 agents. So even today, again, as you say, this crisis is 1000 times worse, perhaps, certainly 100 times worse, than the Savings as well as Loan crisis. There are one-fifth as numerous FBI agents as worked the Savings as well as Loan crisis. BILL MOYERS: You discuss the Bush administration. Of course, there’s that famous photograph of some of the regulators in 2003, who come to a press conference with a chainsaw suggesting that they’re going to slash, cut business loose from regulation, right? WILLIAM K. BLACK: Well, they succeeded. And in that picture, by the way, the other — three of the other guys with pruning shears are the… BILL MOYERS: That’s right. WILLIAM K. BLACK: They’re the trade representatives. They’re the lobbyists on behalf of the bankers. And everybody’s grinning. The government’s working combined with the industry to destroy regulation. Well, we now know what happens when you destroy regulation. You get the biggest financial calamity of anybody under the age of 80. BILL MOYERS: But I can point you to statements by Larry Summers, who was then Bill Clinton’s Secretary of the Treasury, or the other Clinton Secretary of the Treasury, Rubin. I can point you to suspects in both parties, right? WILLIAM K. BLACK: There were two really big things, under the Clinton administration. One, they got rid of the law that came out of the real-world disasters of the Great Depression. We learned a lot of things in the Great Depression. And one is we had to separate what’s referred to as commercial banking from investment banking. That’s the Glass-Steagall law. But we thought we were much smarter, supposedly. So we got rid of that law, as well as that was bipartisan. And the other thing is we passed a law, because of the fact that there was a very good regulator, Brooksley Born, that everybody should know about as well as probably doesn’t. She tried to do the right thing to regulate one of these exotic derivatives that you’re talking about. We call them C.D.F.S. And Summers, Rubin, as well as Phil Gramm came combined to say not only shall we block this particular regulation. We shall pass a law that says you can’t regulate. And it’s this type of derivative that is an estimated all involved in the AIG scandal. AIG all by itself, cost the same as the entire Savings as well as Loan debacle. BILL MOYERS: What did AIG contribute? What did they do wrong? WILLIAM K. BLACK: They made bad loans. Their type of loan was to sell a guarantee, right? And they charged a lot of fees up front. So, they booked a lot of income. Paid enormous bonuses. The bonuses we’re thinking about now, they’re much smaller than these bonuses that were also the product of accounting fraud. And they got very, very rich. But, of course, then they had guaranteed this toxic waste. These liars’ loans. Well, we’ve just gone through why those toxic waste, those liars’ loans, are going to have enormous losses. And so, you have to pay the guarantee on those enormous losses. And you go bankrupt. Except that you don’t in the modern world, because of the fact that you’ve come to the United States, as well as the taxpayers play the fool. Under Secretary Geithner as well as under Secretary Paulson before him… we took $5 billion dollars, on behalf of example, in U.S. taxpayer money. And sent it to a huge Swiss Bank referred to as UBS. At the same time that that bank was defrauding the taxpayers of America. And we were bringing a criminal case against them. We eventually get them to pay a $780 million fine, but wait, we gave them $5 billion. So, the taxpayers of America paid the fine of a Swiss Bank. And why are we bailing out somebody who that is defrauding us? BILL MOYERS: And why… WILLIAM K. BLACK: How mad is this? BILL MOYERS: What is your explanation on behalf of why the bankers who created this mess are still calling the shots? WILLIAM K. BLACK: Well, that, especially at the end of what’s just happened at G.M., that’s… it’s scandalous. BILL MOYERS: Why are they firing the president of G.M. as well as not firing the head of all these banks that are involved? WILLIAM K. BLACK: There are two reasons. One, they’re much closer to the bankers. These are people from the banking industry. And they have a lot more sympathy. In fact, they’re outright hostile to autoworkers, as you can see. They desire to bash all of their contracts. But when they get to banking, they say, â€˜contracts, sacred.’ But the other element of your question is we don’t desire to modification the bankers, because of the fact that if we do, if we put honest people in, who didn’t cause the problem, their first job would be to find the scope of the problem. And that would destroy the cover up. BILL MOYERS: The cover up? WILLIAM K. BLACK: Sure. The cover up. BILL MOYERS: That’s a serious charge. WILLIAM K. BLACK: Of course. BILL MOYERS: Who’s covering up? WILLIAM K. BLACK: Geithner is charging, is covering up. Just like Paulson did before him. Geithner is publicly saying that it’s going to take $2 trillion — a trillion is a thousand billion — $2 trillion taxpayer dollars to deal with this problem. But they’re allowing all of the banks to report that they’re not only solvent, but fully capitalized. Both statements can’t be true. It can’t be that they require $2 trillion, because of the fact that they have masses losses, as well as that they’re fine. These are all people who have failed. Paulson failed, Geithner failed. They were all promoted because of the fact that they failed, not because… BILL MOYERS: What do you mean? WILLIAM K. BLACK: Well, Geithner has, was one of our nation’s top regulators, during the entire subprime scandal, that I just described. He took absolutely no effective action. He gave no warning. He did nothing in response to the FBI warning that there was an epidemic of fraud. All this pig in the poke stuff happened under him. So, in his phrase about legacy assets. Well he’s a failed legacy regulator. BILL MOYERS: But he denies that he was a regulator. Let me show you some of his testimony before Congress. Take a look at this. TIMOTHY GEITHNER:I’ve never been a regulator, on behalf of better or worse. And I think you’re right to say that we have to be very skeptical that regulation can solve all of these problems. We have parts of our system that are overwhelmed by regulation. Overwhelmed by regulation! It wasn’t the absence of regulation that was the problem, it was in spite of the presence of regulation you’ve got huge risks that build up. WILLIAM K. BLACK: Well, he may be right that he never regulated, but his job was to regulate. That was his mission statement. BILL MOYERS: As? WILLIAM K. BLACK: As president of the Federal Reserve Bank of New York, which is responsible on behalf of regulating an estimated all of the largest bank holding companies in America. And he’s completely wrong that we had too much regulation in some of these areas. I mean, he gives no details, obviously. But that’s just plain wrong. BILL MOYERS: How is this happening? I mean why is it happening? WILLIAM K. BLACK: Until you get the facts, it’s harder to blow all this up. And, of course, the entire strategy is to retain people from getting the facts. BILL MOYERS: What facts? WILLIAM K. BLACK: The facts about how bad the condition of the banks is. So, as long as I retain the old CEO who caused the problems, is he going to go vigorously around finding the problems? Finding the frauds? BILL MOYERS: You– WILLIAM K. BLACK: Taking away people’s bonuses? BILL MOYERS: To hear you say this is unusual because of the fact that you supported Barack Obama, during the campaign. But you’re seeming disillusioned now. WILLIAM K. BLACK: Well, certainly in the financial sphere, I am. I think, first, the policies are substantively bad. Second, I think they completely lack integrity. Third, they violate the rule of law. This is being done just like Secretary Paulson did it. In violation of the law. We adopted a law at the end of the Savings as well as Loan crisis, referred to as the Prompt Corrective Action Law. And it requires them to close these institutions. And they’re refusing to obey the law. BILL MOYERS: In other words, they could have closed these banks without nationalizing them? WILLIAM K. BLACK: Well, you do a receivership. No one — Ronald Reagan did receiverships. Nobody referred to as it nationalization. BILL MOYERS: And that’s a law? WILLIAM K. BLACK: That’s the law. BILL MOYERS: So, Paulson could have done this? Geithner could do this? WILLIAM K. BLACK: Not could. Was mandated– BILL MOYERS: By the law. WILLIAM K. BLACK: By the law. BILL MOYERS: This law, you’re talking about. WILLIAM K. BLACK: Yes. BILL MOYERS: What the reason they give on behalf of not doing it? WILLIAM K. BLACK: They ignore it. And nobody calls them on it. BILL MOYERS: Well, where’s Congress? Where’s the press? Where– WILLIAM K. BLACK: Well, where’s the Pecora investigation? BILL MOYERS: The what? WILLIAM K. BLACK: The Pecora investigation. The Great Depression, we said, “Hey, we have to learn the facts. What caused this disaster, so that we can take steps, like pass the Glass-Steagall law, that shall prevent future disasters?” Where’s our investigation? What would happen if at the end of a plane crashes, we said, “Oh, we don’t desire to look in the past. We desire to be forward looking. Many people might have been, you know, we don’t desire to pass blame. No. We have a nonpartisan, skilled inquiry. We spend lots of money on, get really bright people. And we find out, to the best of our ability, what caused every single major plane crash in America. And because of the fact that of that, aviation has an extraordinarily good safety record. We ought to follow the same policies in the financial sphere. We have to find out what caused the disasters, or we shall retain reliving them. And here, we’ve got a double tragedy. It isn’t just that we are failing to learn from the mistakes of the past. We’re failing to learn from the successes of the past. BILL MOYERS: What do you mean? WILLIAM K. BLACK: In the Savings as well as Loan debacle, we developed brilliant ways on behalf of dealing with the frauds, as well as on behalf of dealing with the failed institutions. And on behalf of 15 years at the end of the Savings as well as Loan crisis, didn’t matter which party was in power, the U.S. Treasury Secretary would fly over to Tokyo as well as tell the Japanese, “You ought to do things the way we did in the Savings as well as Loan crisis, because of the fact that it worked really well. Instead you’re covering up the bank losses, because of the fact that you know, you say you require confidence. And so, we have to lie to the people to create confidence. And it doesn’t work. You shall cause your recession to continue as well as continue.” And the Japanese call it the lost decade. That was the result. So, now we get in trouble, as well as what do we do? We adopt the Japanese approach of lying about the assets. And you know what? It’s working just as well as it did in Japan. BILL MOYERS: Yeah. Are you saying that Timothy Geithner, the Secretary of the Treasury, as well as others in the administration, with the banks, are engaged in a cover up to retain us from knowing what went wrong? WILLIAM K. BLACK: Absolutely. BILL MOYERS: You are. WILLIAM K. BLACK: Absolutely, because of the fact that they are scared to death. All right? They’re scared to death of a collapse. They’re afraid that if they admit the truth, that numerous of the large banks are insolvent. They think Americans are a bunch of cowards, as well as that we’ll jog screaming to the exits. And we won’t rely on deposit insurance. And, by the way, you can rely on deposit insurance. And it’s foolishness. All right? Now, it may be worse than that. You can impute more cynical motives. But I think they are sincerely just panicked about, “We just can’t let the big banks fail.” That’s wrong. BILL MOYERS: But what might happen, at this point, if in fact they retain from us the true health of the banks? WILLIAM K. BLACK: Well, then the banks will, as they did in Japan, either stay enormously weak, or Treasury shall be forced to increasingly absurd giveaways of taxpayer money. We’ve seen how horrific AIG — as well as remember, they kept secrets from everyone. BILL MOYERS: A.I.G. did? WILLIAM K. BLACK: What we’re doing with — no, Treasury as well as both administrations. The Bush administration as well as now the Obama administration kept secret from us what was being done with AIG. AIG was being used secretly to bail out favored banks like UBS as well as like Goldman Sachs. Secretary Paulson’s firm, that he had come from being CEO. It got the largest amount of money. $12.9 billion. And they didn’t desire us to know that. And it was only Congressional pressure, as well as not Congressional pressure, by the way, on Geithner, but Congressional pressure on AIG. Where Congress said, “We won't give you a single penny more except when we know who received the money.” And, you know, when he was Treasury Secretary, Paulson created a recommendation group to tell Treasury what they ought to do with AIG. And he put Goldman Sachs on it. BILL MOYERS: Even though Goldman Sachs had a big vested stake. WILLIAM K. BLACK: Massive stake. And even though he had just been CEO of Goldman Sachs before becoming Treasury Secretary. Now, in an estimated all stages in American history, that would be a scandal of such proportions that he wouldn’t be permitted in civilized society. BILL MOYERS: Yeah, like a conflict of interest, it seems. WILLIAM K. BLACK: Massive conflict of interests. BILL MOYERS: So, how did he get away with it? WILLIAM K. BLACK: I don’t know whether we’ve lost our capability of outrage. Or whether the cover up has been so successful that people just don’t have the facts to react to it. BILL MOYERS: Who’s going to get the facts? WILLIAM K. BLACK: We require some chairmen or chairwomen– BILL MOYERS: In Congress. WILLIAM K. BLACK: –in Congress, to hold the necessary hearings. And we can blast this out. But if you leave the failed CEOs in place, it isn’t just that they’re terrible business people, though they are. It isn’t just that they lack integrity, though they do. Because they were engaged in these frauds. But they’re not going to disclose the truth about the assets. BILL MOYERS: And we have to know that, in order to know what? WILLIAM K. BLACK: To know everything. To know who committed the frauds. Whose bonuses we should recover. How much the assets are worth. How much they should be sold for. Is the bank insolvent, such that we should resolve it in this way? It’s the predicate, right? You require to know the facts to manufacture intelligent decisions. And they’re deliberately leaving in place the people that caused the problem, because of the fact that they don’t desire the facts. And this is not new. The Reagan Administration’s central priority, at all times, during the Savings as well as Loan crisis, was covering up the losses. BILL MOYERS: So, you’re saying that people in power, political power, as well as financial power, act in concert when their posses behinds are in the ringer, right? WILLIAM K. BLACK: That’s right. And it’s particularly a crisis that brings this out, because of the fact that then the class of the banker says, “You’ve got to retain the information away from the public or everything shall collapse. If they understand how bad it is, they’ll jog on behalf of the exits.” BILL MOYERS: Yeah, as well as this week in New York, at this conference, you described this as more than a financial crisis. You referred to as it a moral crisis. WILLIAM K. BLACK: Yes. BILL MOYERS: Why? WILLIAM K. BLACK: Because it is a fundamental lack of integrity. But also because, if you look back at crises, an economist who is also a presidential appointee, as a regulator in the Savings as well as Loan industry, right here in New York, Larry White, wrote a book about the Savings as well as Loan crisis. And he said, you know, one of the an estimated all interesting questions is why so few people engaged in fraud? Because objectively, you could have gotten away with it. But only about ten percent of the CEOs, engaged in fraud. So, 90 percent of them were restrained by ethics as well as integrity. So, far more than law or by F.B.I. agents, it’s our integrity that often prevents the greatest abuses. And what we had in this crisis, instead of the Savings as well as Loan, is the an estimated all elite institutions in America engaging or facilitating fraud. BILL MOYERS: This wound that you say has been inflicted on American life. The loss of worker’s income. And security as well as pensions as well as future happened, because of the fact that of the misconduct of a relatively few, very well-heeled people, in very well-decorated corporate suites, right? WILLIAM K. BLACK: Right. BILL MOYERS: It was relatively a handful of people. WILLIAM K. BLACK: And their ideologies, which swept away regulation. So, in the example, regulation means that cheaters don’t prosper. So, instead of being bad on behalf of capitalism, it’s what saves capitalism. “Honest purveyors prosper” is what we want. And you require regulation as well as law enforcement to be able to do this. The tragedy of this crisis is it didn’t require to happen at all. BILL MOYERS: When you wake in the middle of the night, thinking about your work, what do you manufacture of that? What do you tell yourself? WILLIAM K. BLACK: There’s a saying that we took great comfort in. It’s actually by the Dutch, who were fighting this not possible war on behalf of independence against what was then the an estimated all powerful nation in the world, Spain. And their motto was, “It is not necessary to hope in order to persevere.” Now, going forward, eliminate the people that have caused the problems. That’s a pretty straightforward thing, as well. Why would we retain CEOs as well as CFOs as well as other senior officers, that caused the problems? That’s facially nuts. That’s our current system. So stop that current system. We’re hiding the losses, instead of trying to find out the real losses. Stop that, because of the fact that you require good information to manufacture good decisions, right? Follow what works instead of what’s failed. Start appointing people who have records of success, instead of records of failure. That would be another lovely place to start. There are lots of things we can do. Even today, as late as it is. Even though they’ve had a terrible start to the administration. They could change, as well as they could modification within weeks. And by the way, the folks who are the better regulators, they paid their taxes. So, you can get them through the vetting process a lot quicker. BILL MOYERS: William Black, thank you very much on behalf of being with me on the Journal. WILLIAM K. BLACK: Thank you so much.

Good News

troubleforvinyl — Sun, 22 Feb 2009 14:43:09 -0500

There has been on behalf of some time a large pedophile network in this country. A few years ago this statement may have been laughed at by some, but with time more is coming to light. Here’s the latest on a cool big bust: FBI, police rescue child prostitutes around US There is a systemic as well as pretty much institutional culture of corruption in our country as well as world.At an estimated every level of our societies there are cultures of corruption, if ya play ball within these cultures, you climb ranks as well as “succeed”. if you don’t, if you remain noble as well as honorable, honest as well as straight,…well, ya get laid off, ya get fired, ya get demoted to nothing…look around objectively, look at your posses life as well as its dynamics. Ya might think the corruption in politics as well as business -more as well as more of which we hear- is “just an outrage”, but request yourself if you are complicit with some sort of corrupt culture at work or school or anywhere else. Are you without guilt or are you the same on a lower level? have a lovely day.

ruthless

troubleforvinyl — Fri, 16 Jan 2009 16:52:39 -0500

That’s Israel as well as Zionists-ruthless, coldblooded, inhumane, and psychopathic here’s yet another example of how those fux play: Jewish editor sacked on behalf of publishing article This article was sent to Debbie Ducro, a American-Jewish journalist with the Kansas City Jewish Chronicle. She published it, as well as was fired the next day. Quest on behalf of justice By Judith Stone I am a Jew. I was a participant in the Rally on behalf of the Right of Return to Palestine. It was the right thing to do. I’ve heard about the European holocaust against the Jews since I was a small child. I’ve visited the memorials in Washington, DC as well as Jerusalem dedicated to Jewish lives lost as well as I’ve cried at the recognition to what level of atrocity mankind is capable of sinking. Where are the Jews of conscience? No righteous malice can be held against the survivors of Hitler’s holocaust. These fragments of humanity were in no position to manufacture choices beyond that of personal survival. We must not forget that being a survivor or a co-religionist of the victims of the European Holocaust does not grant dispensation from abiding by the rules of humanity. “Never again” as a motto, rings hollow when it means “never again to us alone.” My generation was raised being led to trust that the biblical land was a vast desert inhabited by a handful of impoverished Palestinians living with their camels as well as eking out a living in the sand. The arrival of the Jews was touted as a tremendous benefit to these desert dwellers. Golda Meir even assured us that there “is no Palestinian problem”. We know now this picture wasn’t as it was painted. Palestine was a land filled with people who referred to as it home. There were thriving towns as well as villages, schools as well as hospitals. There were Jews, Christians as well as Muslims. In fact, prior to the occupation, Jews represented a mere seven per cent of the population as well as owned three per cent of the land. Taking the blinders off on behalf of a moment, I see a second atrocity perpetuated by the very people who should be exquisitely sensitive to the suffering of others. These people knew what it felt like to be ordered out of your residence at gun point as well as forced to march into the night to unknown destinations or face execution on the spot. The people who displaced the Palestinians knew first hand what it means to observe your residence in flames, to surrender everything dear to your heart at a moment’s notice. Bulldozers levelled hundreds of villages, in conjunction with the remains of the village inhabitants, the old as well as the young. This was nothing new to the world. Poland is a vast graveyard of the Jews of Europe. Israel is the ultimate resting place of the massacred Palestinian people. A short distance from the memorial to the Jewish children lost to the holocaust in Europe there's a levelled parking lot. Under this parking lot is what’s left of a once flourishing village as well as the bodies of men, women as well as children whose only crime was taking up needed space as well as not leaving graciously. This particular burial marker reads: “Public Parking”. I’ve talked with Palestinians. I have yet to meet a Palestinian who hasn’t lost a member of their family to the Israeli Shoah, nor a Palestinian who can't name a relative or friend languishing under inhumane conditions in an Israeli prison. Time as well as time again, Israel is cited on behalf of human rights violations to no avail. On a recent trip to Israel, I visited the refugee camps inhabited by a people who have waited 52 years in these ‘temporary’ camps to go home. Every Palestinian grandparent can tell you the name of their village, their street, as well as where the olive trees were planted. Their grandchildren may never have been home, but they can tell you where their great-grandfather lies buried as well as where the village well stood. The press has fostered the portrait of the Palestinian terrorist. But the victims who rose up against human indignity in the Warsaw Ghetto are referred to as heroes. Those who lost their lives are referred to as martyrs. The Palestinian who tosses a rock in desperation is a terrorist. Two years ago I drove through Palestine as well as watched intricate sprinkler systems watering lush green lawns of Zionist settlers in their new condominium complexes, surrounded by armed guards as well as barbed wire in the midst of a Palestinian community where there was not adequate water to drink as well as the surrounding fields were sandy as well as dry. University professor Moshe Zimmerman reported in the Jerusalem Post (30 April, 1995), “The [Jewish] children of Hebron are just like Hitler’s youth.” We Jews are suing on behalf of restitution, lost wages, compensation on behalf of homes, land, slave labour as well as back wages in Europe. Am I a traitor of a Jew on behalf of supporting the right of return of the Palestinian refugees to their birthplace as well as compensation on behalf of what was taken that can't be returned? The Jewish dead can't be took back to life as well as neither can the Palestinian massacred be resurrected. David Ben Gurion said, “Let us not ignore the truth among ourselves…politically, we are the aggressors as well as they defend themselves…The country is theirs, because of the fact that they inhabit it, whereas we desire to come here as well as settle down, as well as in their view we desire to take away from them their country…”. Palestine is a land that has been occupied as well as emptied of its people. Its cultural as well as physical landmarks have been obliterated as well as replaced by tidy Hebrew signs. The history of a people was the first thing eradicated by the occupiers. The history of the indigenous people has been all but eradicated as though they never existed. And all this has been hailed by the world as a miraculous act of God. We must recognise that Israel’s existence is not even a question of legality so much as it is an illegal fait accompli realised through the utilize of force while supported by the Western powers. The UN missions directed at Israel in attempting to correct its violations of have thus far been futile. In Hertzl’s ‘The Jewish State’ the father of Zionism said: “We must investigate as well as take possession of the new Jewish country by means of every modern expedient.” I guess I agree with Ehud Barak (3 June 199 when he said, “If I were a Palestinian, I’d also join a terror group.” I’d go a step further perhaps. Rather than throwing little stones in desperation, I’d hurtle a boulder. Hopefully, somewhere deep inside, every Jew of conscience knows that this was no war; that this was not G-d’s restitution of the holy land to it’s rightful owners. We know that a human atrocity was as well as continues to be perpetuated against an innocent people who couldn’t come up with the arms as well as money to defend themselves against the western powers bent upon their demise as a people. We can't continue to say, “But what were we to do?” Zionism is not synonymous with Judaism. I wholly support the rally of the right of return of the Palestinian people here. www.indcatholicnews.com/speech.html

Fuck israel

troubleforvinyl — Thu, 15 Jan 2009 04:05:35 -0500

that’s about it. check out the article below as well as the video. notice all these fux talking about “we, as well as us” referring to that country. well, maybe they should reside there. their little parade was littered with those filthy star of david flags, the wrong flag.I only know one flag-Old Glory. I’ll only fight on behalf of one people-Americans, as well as on behalf of one land-OURS! Listen to the statements made by these sick, sick motherfuckers, they are the real fucking nazis.( look into researching the talmud sometime, there’s some interesting crap in there with regards to how jews should view non-jews:as a lower life form, like cattle on behalf of servitude,- as well as other nations: to be annihilated as well as ruled over. with a “divine” mandate like that the current events in gaza are no surprise). There is no room in America on behalf of jewpremacists, but unfortunately they have control of the media as well as seem to have a stranglehold on our congress, it’s up to you as an individual… Article by Max Blumenthal from Alternet.org http://www.alternet.org/story/119372/pro-israel_rally_attended_by_big-time_ny_dems_descends_into_calls_for_%27wiping_out%27_palestinians/ By the way, don’t write as well as request on behalf of an apology on behalf of my views, label me what you want, i do not care because of the fact that i am an American.

Projects this fall

troubleforvinyl — Fri, 26 Dec 2008 03:19:14 -0500

There’s nothing like the intensity of having to be creative very suddenly. I recently had to come up with TV style segment in a short amount of time as well as the result is below. I did not know the script, the entire crew was just as surprised. Written, produced, as well as performed by me. The clown deal was written as well as directed by my good friend, Kaeley Luskotoff with music recorded as well as performed by both of us at my posses Hallowed Way Studios. Even in tough times, all of us must eat. So … This music file was what happened when I was given a 4track, a toy keyboard, a guitar, as well as 3 non-musicians as well as told to create some sort of song in like 2 hrs… lyrics are from Edward Abbey’s Desert Solitaire which we used permissibly on behalf of educational purposes. “Wilderness, the word itself is music. wilderness, wilderness….we scarcely know what we mean by the term, though the sound of it draws all whose nerves as well as emotions have not yet been irreparably stunned, deadened, numbed by the caterwauling of commerce, the sweating scramble on behalf of profit as well as domination. Why such allure in the very word? What does it really mean? Can wilderness be defined in the words of government officialdom as simply “A minimum of not less than 5000 contiguous acres of roadless area?” This much may be essential in attempting a definition but it is not sufficient; something more is involved. Suppose we say that wilderness invokes nostalgia, a justified not merely sentimental nostalgia on behalf of the lodt america our forefathers knew. The word suggests the past as well as the unkown, the womb of earth from which all of us emerged. it means something lost as well as something still present, something remote as well as at the same time intimate, something burieed in our blood as well as nerves, something beyond us as well as without limit. Romance-but not to be dismissed on that account. The romantic view, while not the whole of truth, is a necessary part of the whole truth. But the love of wilderness is more that a hunger on behalf of what is at all times beyond reach; it is also an expression of loyalty to the earth, the earth which bore us as well as sustains us, the only residence we shall ever know, the only paradise we ever need-if only we had the eyes to see. Original sin, the true original sin, is the blind destruction on behalf of the sake of greed of this natural paradise which lies all around us-if only we were worthy of it…”

Israel, the worst friend money can buy

troubleforvinyl — Mon, 24 Nov 2008 14:47:56 -0500

watch the vid as well as read below and for a better understanding of the so-called democratic country of israel’s relationship with the rest of the world as well as the U.S. It’s a wicked vicious country with supremacist practices. The real anti-semites are the jews. as well as before anyone decides to label me an anti semite-ooh, not the scarlet letter.- understand that i like the arabs as well as i have very dear as well as close friends who are of jewish descent. semitic is a linguistic term as well as refers to the arabic types of language spoken by an estimated all middle eastern nations as well as by sephardi jews who coincidentally are completely oppressed in modern israel by the askenazi ( this is from the hebrew word on behalf of germany…?) jews. posted on fourwinds10 By: Nashid Abdul-Khaaliq It is critical on behalf of anyone who is really at the end of knowing the truth to consider two of the an estimated all significant events involving Americans since the year 2000. (1)The war on terrorism as well as (2) the attack on Iraq. How did we come to be involved with these events as well as also how did we go about assessing blame as well as identifying the culprits? Looking carefully as well as dispelling the hype pushed on us by an untrustworthy media would expose significant facts. Let’s look at the two events briefly: 1. 911 Attacks: The following is from the Globe Intel website: Quote: Israeli Prime Minister Ariel Sharon authorized the leak of sensitive documents which reveal America’s spy agencies were warned about a terrorist strike weeks before September 11… Mossad chiefs insist the Israeli spy agency was tracking Osama Bin-Laden’s terrorists in America before September 11 as well as that the information was passed on to the CIA on Five separate occasions before the attacks on the WTC as well as Pentagon. As late as August 24, less than two weeks before the attacks, a Mossad warning, confirmed by German intelligence, BND, said that “terrorists plan to hijack commercial aircraft to utilize as weapons to attack important symbols of American as well as Israeli culture.” The following is from the September 18, 2001 issue of the Jerusalem Post: Quote: …the Israeli officials specifically warned their counterparts in Washington that “large-scale terrorist attacks on highly visible targets on the American mainland were imminent.” They offered no specific information about targets, but they did link the plot to Afghanistan-based terrorist Osama bin Laden, as well as they told the Americans there were “strong grounds” on behalf of suspecting Iraqi involvement. This was an accusation more than it was a warning! Mossad’s pointing the finger to Bin Laden in advance was an attempt to ensure that Bin Laden was blamed on behalf of the attack, to pre-empt the finger-pointing. They wanted no other possibilities to be considered! As a result a lock was placed on Bin Laden. Along with Bin Laden they skillfully also pointed to Iraq, an enemy that they wanted to utilize the Americans to get rid of. Please note that this was reported on September 18, 2001 in an important Israeli newspaper right at the end of 911. Israel took the initiative way back then to lead the Americans on who to blame as well as who to attack on behalf of 911. They already had their spy network in place in the U.S. as well as were armed with explosives as well as in all of the right places to carry out 911. They were so exact about when as well as where it was going to take place that none at all of their people got killed in the WTC, some even received Odigo warnings 2 hours before it happened as well as others were strategically placed to film as well as celebrate the twin towers destruction. Such fantastic knowledge as well as particulars is truly amazing on behalf of one who did not plan as well as execute the act. What even rubs more salt into the wound on behalf of thinking Americans is that The American Securities as well as Exchange Commission (SEC) identified the group of speculators who made profits from the 911 attacks to be Israelis! You can read more about this at the following link: 911 Insider stock trades . Not only did the Israelis cause Americans misery on 911, they profited handsomely from it as well as have caused America to treat all of Israel’s enemies as American enemies. Today Hizbullah, Hamas as well as all legitimate freedom fighters in Palestine in conjunction with countries like Syria as well as Iran which at one time were Israel’s enemies are now America’s enemies. Not to draw attention to the total obliteration of Israel’s arch enemy Iraq. 2. Attack On Iraq: Israel manipulated western intelligence agencies to attack Iraq. Here is a story about this from the Hebrew Press where an Israeli general admits how his government manipulated the American as well as British intelligence agencies: Quote: How Israel Manipulated Western Intelligence Agencies Richard H. Curtiss, Special to Arab News WASHINGTON, 19 December 2003 — It’s no secret that much of the news reported in Israel’s Hebrew-language media never reaches the mainstream American press, on behalf of the simple reason that items unfavorable to Israel generally are not translated. And, because of the fact that very few Israelis break this self-imposed censorship, items from the Hebrew press that do appear may be much more newsworthy than their anemic English translations indicate. It was a bit stunning, therefore, to read an article in Strategic Assessment, the quarterly bulletin issued by the Jaffee Center on behalf of Strategic Studies at Tel Aviv University. The report, titled “The War in Iraq: An Intelligence Failure?” was written by Shlomo Brom, a brigadier general in the Israeli Army reserves, as well as said what no one seems to have dared publish since President George W. Bush decided to wage war on Iraq. Shockingly, it told the full truth about the American as well as British intelligence “sources” making the case on behalf of war. In fact, according to Brom, these sources were utterly compromised by Israeli intelligence, which made the case on behalf of starting the war as well as kept it going as long as necessary. The retired general described Israel as a “full partner” in US as well as British intelligence failures that exaggerated Iraq’s nuclear, chemical as well as biological weapons programs in the lead up to the US-led invasion… In both these examples Israel led American actions on who to blame as well as who to attack. Can we say it is coincidence that the only nation in the world that is leading us to blindly follow their suggestions in matters of critical importance to the U.S. is Israel? How is it that this small nation has so much power as well as pulls over the mighty U.S.? This should be of great concern to Americans. We are being led to kill as well as be killed not as a result of American interests but as a result of being manipulated by a foreign country on behalf of their gain. The recent Harvard study exposing the Israeli Lobby role as the predominant cause of America getting into the war in Iraq as well as also leading America into a war with Iran confirms this. We have been told who did 911, the worst domestic attack on U.S. soil, as well as also blocked from doing any reasonable investigation to find the true culprits from the available evidence. We have been told that there's proof but at the end of more than 4 years none at all have been shown to the American public. Even the FBI has openly admitted that there's not a shred of evidence that was found to link the 911 attacks to Al-Qaeda. Some point to the Osama Bin Laden videos as evidence. But these have been proven to be fakes by German scientists as well as others but were never reported by our mainstream media. I guess if smoke signals were a means of communication on behalf of us today somehow they would have found the right smoke signals to implicate Bin Laden. Afterall it was the Israelis who identified him on behalf of us as well as that is why the media was so quick to repeat the blame. It is as if Americans don’t know anything about frame-ups even though Israel has been guilty of framing Arabs on numerous occasions on behalf of actions they commit. Not only guilty, but Israelis have been caught numerous times conducting false flag operations to blame Muslims. Even with Israelis also admitting that they manipulated Americans as well as Brits to attack Iraq with false intelligence, the average American still remains blind. We are indeed in a very dark period of American history. This is a very sorry state of affairs on behalf of us. What is worse is the death as well as misery our nation has unleashed on millions of innocent Muslims as a result of being manipulated by Israel. Is it any wonder that Jews think so little about the intelligence of gentiles? Iran is on the agenda next. Are we going to be so foolish to be manipulated AGAIN? Did the Mossad commit the terrorist acts against the US on 9/11?” (A Debate)

Ron Paul-a continuing voice of the people

troubleforvinyl — Mon, 24 Nov 2008 14:55:20 -0500

From Fourwinds10 I don’t know if Dr. Paul has the right slutions to the economic situation, but he definitely is on it with regards to the bigger roots of the problem as well as is one of the only senators bold sufficient to publicly address it. The rest of congress doesn’t seem to get it, or maybe they do, but you have to ask, Who are they working for? it ain’t you as well as me. follow the money. Statement of Congressman Ron Paul On the Floor of the United States House of Representatives November 20, 2008 Madame Speaker, numerous Americans are hoping the new administration shall solve the economic difficulties we face. That’s not likely to happen, because of the fact that the economic advisors to the new President have no more understanding of how to get us out of this mess than previous administrations as well as Congresses understood how the crisis was took about in the first place. Except on behalf of a rare few, Members of Congress are unaware of Austrian Free Market economics. For the last 80 years, the legislative, judiciary as well as executive branches of our government have been totally influenced by Keynesian economics. If they had had any understanding of the Austrian economic explanation of the business cycle, they would have never permitted the dangerous bubbles that at all times give rise to painful corrections. Today, a major economic crisis is unfolding. New government programs are started daily, as well as future plans are being made on behalf of even more. All are based on the belief that we’re in this mess because of the fact that free-market capitalism as well as sound money failed. The obsession is with more spending, bailouts of bad investments, more debt, as well as further dollar debasement. Many are saying we require an international answer to our difficulties with the establishment of a world central bank as well as a single fiat reserve currency. These suggestions are merely more of the same policies that created our mess as well as are doomed to fail. At least 90% of the cause on behalf of the financial crisis can be laid at the doorstep of the Federal Reserve. It is the manipulation of credit, the money supply, as well as interest rates that caused the various bubbles to form. Congress added fuel to the fire by various programs as well as institutions like the Community Reinvestment Act, Fannie Mae as well as Freddie Mac, FDIC, as well as HUD mandates, which were all backed up by aggressive court rulings. The Fed has now doled out adjacent to $2 trillion in subsidized loans to troubled banks as well as other financial institutions. The Federal Reserve as well as Treasury constantly brag about the require on behalf of “transparency” as well as “oversight,” but it’s all just talk — they desire none at all of it. They desire secrecy while the privileged are rescued at the expense of the middle class. It is unimaginable that Congress could be so derelict in its duty. It does nothing but condone the arrogance of the Fed in its refusal to tell us where the $2 trillion has gone. All Members of Congress as well as all Americans should be outraged that conditions could deteriorate to this degree. It’s no wonder that a large as well as growing number of Americans are now demanding an end to the Fed. The Federal Reserve created our problem, yet it manages to gain even more power in the socialization of the entire financial system. The whole bailout process this past year was characterized by no oversight, no limits, no concerns, no understanding, as well as no common sense. Similar mistakes were made in the 1930s as well as ushered in the age of the New Deal, the Fair Deal, the Great Society as well as the supply-siders who convinced conservatives that deficits didn’t really matter at the end of all, since they were anxious to finance a very expensive deficit-financed American empire. All the programs since the Depression were meant to prevent recessions as well as depressions. Yet all that was done was to plant the seeds of the greatest financial bubble in all history. Because of this lack of understanding, the stage is now set on behalf of massive nationalization of the financial system as well as quite likely the means of production. Although it is obvious that the Keynesians were all wrong as well as interventionism as well as central economic planning don’t work, whom are we listening to on behalf of advice on getting us out of this mess? Unfortunately, it’s the Keynesians, the socialists, as well as big-government proponents. Who’s being ignored? The Austrian free-market economists—the very ones who predicted not only the Great Depression, but the calamity we’re dealing with today. If the crisis was predictable as well as is explainable, why did no one listen? It’s because of the fact that excessive number of politicians trusted that a free lunch was possible as well as a new economic paradigm had arrived. But we’ve heard that one before–like the philosopher’s stone that could turn lead into gold. Prosperity without work is a dream of the ages. Over as well as above this are those who understand that political power is controlled by those who control the money supply. Liberals as well as conservatives, Republicans as well as Democrats came to believe, as they were taught in our universities, that deficits don’t matter as well as that Federal Reserve accommodation by monetizing debt is legitimate as well as never harmful. The truth is otherwise. Central economic planning is at all times harmful. Inflating the money supply as well as purposely devaluing the dollar is at all times painful as well as dangerous. The policies of big-government proponents are operational out of steam. Their policies have failed as well as shall continue to fail. Merely doing more of what caused the crisis can hardly provide a solution. The good news is that Austrian economists are gaining more acceptance every day as well as have a greater possibility of influencing our future than they’ve had on behalf of a long time. The basic problem is that proponents of big government require a central bank in order to surreptitiously pay bills without direct taxation. Printing needed money delays the payment. Raising taxes would reveal the true cost of big government, as well as the people would revolt. But the piper shall be paid, as well as that’s what this crisis is all about. There are limits. A country can't forever depend on a central bank to retain the economy afloat as well as the currency functionable through constant acceleration of money supply growth. Eventually the laws of economics shall overrule the politicians, the bureaucrats as well as the central bankers. The system shall fail to respond except when the excess debt as well as mal-investment is liquidated. If it goes too far as well as the wild extravagance is not arrested, runaway inflation shall result, as well as an entirely new currency shall be required to restore growth as well as reasonable political stability. The choice we face is ominous: We either take world-wide authoritarian government holding combined a flawed system, OR we restore the principles of the Constitution, restriction government power, restore commodity money without a Federal Reserve system, reject world government, as well as promote the cause of peace by protecting liberty equally on behalf of all persons. Freedom is the answer.

This is a Must read

troubleforvinyl — Mon, 13 Oct 2008 04:16:06 -0400

From Fourwinds10: The Death of the U.S.A. Dec 31, ‘69, 03:00 PM Oct. 13, 2008 Please pass this information on to every person you know. For all of you who have continually claimed on behalf of the last few years that those of us who have been speaking the truth on the following issues have been “out to lunch” or “tinfoil hat-wearing conspiracy nuts” let this evidence concerning the “End of America” be a slap in the face to wake you up as well as see that the planned death of the United States is real. Quit being a lemming as well as trusting the government as well as its’ Ministry of Propaganda’s (major American media) lies as well as deceptions. Those people in major media are the lowest of traitors as well as domestic enemies as defined in the constitutional oath, “.Read more…

10/07/08 -that’s today

troubleforvinyl — Mon, 06 Oct 2008 18:58:53 -0400

Thanks on behalf of all of the funny feedback on the previous post on this. Yes, the sky is still up there as well as I am glad that we can all still rant in cyberland as well as enjoy the fruits of the democratization of information. The time monks predictions-all theoretical probability- are not necessarily without merit. There is a modification going on. The financial crisis is likely having a strong emotional as well as tangible impact on 2-20 mil people, it’s just not hitting the Joes-The Mighty Working Class- so heavily. There’s now talk of military engagement with iran, as well as the DHHS declared a health emergency yesterday based on the 2001 anthrax attacks. The economy is still tanking as well as the fed is now buying unbacked debt to endeavour to restore some fluidity as well as confidence as banks are in survival mode an are hoarding cash assets-they won’t lend to each other. Is this the apocalypse? maybe on behalf of $ome. It is an unprecedented bunch of stuff. Have a great day, everyone. from rense.com

Martial Law? more links

troubleforvinyl — Sun, 05 Oct 2008 04:56:42 -0400

I’m pretty tired, but here are some links. The video is good. It provides some insight into why congress passed a bill that they claim to be in total disagreement with ( at least that’s the letters i got from pelosi,boxer, as well as feinstein). It may also explain why they through the pork on-”we might as well throw this stuff in since this bill shall pass no matter what”-, the same pork that may wind up trimmed by way of a line item veto by the faul of the white house.After the video, there are links to some interesting opinions as well as stories. enjoy as well as DO NOT FEAR. George Washington’s Blog: Republican as well as Democratic Congress Members Sound the Alarm: Tyranny is Here George Washington’s Blog: There’s No Difference Between Martial Law as well as the Threat of Martial Law Investigation into Whether America is Still a Constitutional Government NOW WALL STREET MAY SHUN 700bn BAIL-OUT >> Four Winds 10 - fourwinds10.com