24
Sep
08

Above the Law: Bush’s Big Bankster Bailout


There is no question about it. Wall Street got drunk…The question is, How long will it take to sober up and not try to do all these fancy financial instruments? ~ George W. Bush July 2008

In yet another blatant governmental power grab attempt, the Bush crime syndicate proposed a $700 billion bailout package to purchase distressed assets from failed Wall Street and international financial institutions. In accordance with Bush’s dictatorial unitary executive policy, the plan seeks to unconstitutionally prohibit judicial or administrative oversight. Section 8 of the power-elite advanced theft proposal provides:

Decisions by the Secretary (of Treasury) pursuant to the authority of this Act are non-reviewable and committed to agency discretion, and may not be reviewed by any court of law or any administrative agency.

In a nutshell, the proposal’s language seeks to shield the $700 billion big bankster American tax dollar hijack from not only judicial review, but also from interference from following administrations. Bush, the compassionate small-government conservative, is embarking on a nationalization scheme that would make Mussolini proud. According to Andrew Ross Sorkin, “it is the financial equivalent of the PATRIOT ACT.”

What is all that fuss about the co-equal branches of a tripartite federal government you say? According to Bush, the bedrock principle of our government structure is merely an anachronistic throwback to a distant time. An age when the U.S. Constitution was more than just a “goddamned piece of paper” (Bush in 2005).

Who is the architect behind this Wall Street fascist power grab? Meet Treasury Secretary Henry Paulson Jr. This scoundrel, assisted by fellow big bankster stooge Ben Benarnke (Chairman of the private corporation known as the Federal Reserve), is the point man behind the bailout scheme. His disreputable and self-interested resume speaks for itself.

  • Staff Assistant to the Under Secretary of Defense at the Pentagon
  • Assistant to convicted Watergate felon John Ehrlichmen in the Nixon Administration
  • Former Chief Executive of the global banking behemoth Goldman Sachs

Paulson is a Wall Street corporate insider masquerading as one of the King’s men. Instead of patching Humpty Dumpty back together, he is tasked with the government takeover of failed financial institutions in a scheme to shield his overlords from the risk of doing business. Unlike other financial players whose stock value imploded in the recent meltdown (i.e., Bear Stearns, Merrill Lynch and Lehman Bros.), the stock value of Goldman Sachs (Paulson’s former employer), will likely increase due to the removal of bad assets from their investment pool.

The corrupt officials in the Bush administration have a simple philosophy regarding their Wall Street buddies: profit is private, losses are public. In other words, when the predatory profiteers are raking in cash, they keep all of the spoils. When their underhanded schemes implode, American tax-payers are there to foot the bill and shield them from the aftermath of their underhanded dealings.

The Bushco./big bankster’s radical scheme to bail out corrupt financial institutions will assuredly lead to more havoc in the market. In economic terms, this is known as a moral hazard. Shielding a party from risk creates an incentive for them to act recklessly in the future since they do not bear the full brunt of their actions. Of course, the Bush Crime family is no stranger to reckless policies bearing the destructive fruit of unintended consequences.

The $700 billion dollar taxpayer theft package is just another feather in the cap for the shrub’s miserable reign of terror on America. The national public debt has doubled from approximately $5 trillion to a projected $10 trillion when Bush leaves office. At a minimum, $2.3 trillion dollars disappeared from the Defense Department budget in 2001 (conveniently announced by Donald Rumsfeld a day before 9/11). The “War of Terror” is projected to cost tax payers another $3 trillion dollars. In other words, don’t quit your job or die, your money is desperately needed by war-mongers, corporate wolves, and corrupt political officials to pay off their debts.

We have no plans to insert money into either of those two institutions ~ U.S. Treasury Secretary Henry Paulson (lying about the plan to stabilize Fannie Mae and Freddie Mac with tax payer dollars.)


10 Responses to “Above the Law: Bush’s Big Bankster Bailout”


  1. September 24, 2008 at 3:16 pm

    Dear Johnny, what are we going to do?

  2. September 25, 2008 at 12:31 am

    Dear Stephanie,

    Foremost, we are going to educate ourselves. Then we are going to enlighten those in our social and familial networks. After that, we either take up arms and fight, or jump in the cattle car and endure the bumpy ride to the nearest FEMA happy camp.

  3. September 25, 2008 at 5:59 am

    Happy camp! I love happy camp! I hear that work makes us free.

    Sex Mahoney for President

  4. September 25, 2008 at 10:05 am

    I found some tools and links on the Campaign for Liberty’s blog that can help.

    Here’s a pdf to distribute to friends and family and neighbors:

    http://www.campaignforliberty.com/blog/wp-content/uploads/2008/09/bailout.pdf

    And I just emailed my two senators and house representative. Thanks for continuing to inspire!

    ~Sarah

  5. September 25, 2008 at 11:23 am

    Thanks Sarah, that is some helpful information. The fight for individual liberty will be waged successfully only on a grass roots local level.

    I dunno why I called you Stephanie. I am not very good with names.

  6. September 25, 2008 at 7:03 pm

    No problem. How’s it going? Are you doing alright (as the country crumbles around us)?

  7. September 26, 2008 at 12:55 am

    Our current economic plight is a premeditated engineered collapse. With that understanding, it makes things easier to digest. I have no faith in the political system. My reward lies over yonder in the spiritual ascension realm. You motivated me to address my representatives and chuck my dos pesos into the bucket. My only advice is to keep your spirits high and your powder dry.

  8. 8 Manco
    September 30, 2008 at 10:38 am

    Am I wrong or shouldn’t the people and media be congratulating the Republicans and Democrats who voted against this bailout bill?

    It took a lot of balls to do the right thing, which I think voting against this bill which was nothing more than an economic power grab was. For the first time in a long time the voice of the people, who disapproved of bailing out these greedy bastards, was heard above the dollars of the Wall Street lobbyists. Maybe not for long, but it is significant. And if I hear one more of these Wall Street cocksuckers bitching and moaning – you people are responsible for this, you freaks! This is your free-market capitalism, buddy. This is your Reaganomics, deregulation wet dream manifested. Suck it up and get back out there. Pull yourself up by your boot straps. You’re not just waiting for a handout, are you?

    Look, I have no love for the Republicans or most of their policies, but I’ll give credit where credit is due. These Republicans went against the White House hit men, the lies, the fear and propaganda, and voted this bill down. After years of towing the White House line, these cats grew a pair.
    And yet so many of those on the Left are calling out the Republicans for voting against it, believing the lie that was put out there that the Republicans turned on the bill because of Pelosi’s rap about the Bush economic policy or lack of one. Absolute crap. That was damage control by the Repubican and Democratic leadership to obscure the fact that some of their comrades voted against an egregious bill that was not supported by the people of this country. After all of the fear mongering about the sky falling and we need to bail out the evil bastards who got us into this mess in the first place, 133 Republicans and 95 Democrats (including my man, Kucinich) voted against this travesty. They should be applauded for doing what their constituents told them to do…..since……we’re like……their boss…….and stuff…….

    Thankfully, there are several rational voices on the Left that got it (like David Sirota, who wrote several posts against the bill at Huffington Post in the days leading up to the vote). It shows you don’t have to surrender your ethics just because you don’t think you have enough votes or the President will veto it or the other members of Congress will hold up the bill. I’m so sick of the candidates and the ones who support this bill saying that we need to bail these freaks out instead of looking into the possibility of investigating just what it is they’ve been doing with our money. Fuck ’em, let them burn and twist in the wind.

    And a final message to blind Lefties: this is a bill that was supported by Bush – BUSH! I wouldn’t support anything that came from this White House ever. With the track record of this administration, anything they push must be questioned. And once again Bush shows what an incredibly insipid “leader” he is. He goes on television the other night and instead of calming people’s fears and uncertainties about the economy, he dips into his bag of “scary propaganda”. I hate this guy and can’t wait until he’s out on his ass.

    Finally, all this did in the end is prove to me what a sham the stock market is. A lie, an illusion, thin air. These pieces of garbage – these sweating, pasty, greedy, sniveling bastards – don’t get what they want and, surprise surprise, the market has its worst day ever. That is another fear tactic. I hope people don’t fall for this bullshit.

  9. October 1, 2008 at 10:27 pm

    I strongly concur with your analysis dear sir. The brave representatives that rejected the big bankster bailout bill are to be commended. That vote gave me a sorely needed jolt of faith in the ole representative republic system.

    Unfortunately, the thoroughly corrupt thugs in the Senate (who are far less immune to the cries from the poor huddled masses) have issued their disastrous shot across the bow. Lil’ Bush and his Treasury, Fed, and Wall Street overlords knew they had to co-opt support from the McCain and Obama camps. The propaganda campaign is in full swing. With the Senate bill now overwhelmingly approved, the battle goes into overdrive.

    If the people get too ruffled, and wish to exercise their 1st Amendment rights to protest, the Army brigades are ready to quash domestic dissent. The $640 billion Homeland Security spy satellite apparatus is ready to identify the troublemakers. It is gonna be a fun ride.

  10. 10 Hot Prophet
    October 2, 2008 at 12:22 pm

    JP, once again, you’ve hit the nail on da head.

    It’s my humble opinion that these series of events could lead to Civil War. The American people are pissed off and deeply divided over what to do about this bankster bailout, the economy and the upcoming election.

    Clearly George Bush, his Republican posse and the idiots that voted for him twice(!) are responsible for the state of affairs in this country. The “thinking” half of the American people are fed up.

    If the McCain camp pulls a play form the Bush 2000 playbook and ‘steals’ the election despite Barrack Obama being ahead in the polls, I predict that American cities will burn.

    What America needs is a deep cleansing. Although I’m not advocating violence, unfortunately sometimes the only way to accomplish this sort of deep cleansing is through the shedding of blood; aka the Civil War, and Vietnam. In Iraq, where extreme sectarian violence has subsided, it was largely in part because both sides have come to the realization that enough of their brethren have been sacrificed, (by one another and American bullets) and now it’s time to try and work together for the good of their country.

    Let’s all hope and pray to the Lord God Almighty that we can resolve our societal differences amicably. Unfortunately this sort of grand “change” and “maverick reform” that both the Obama and McCain camps are touting respectively, will not truly occur without either extreme violence, or divine intervention.

    “And according to the law almost all things are purified with blood, and without shedding of blood there is no remission”. Hebrews 9:21-23


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Johnny Peepers

----> is a socio-pathetic degenerate with a penchant for cheap booze, ruphy-laden broads, and dim sum soup.

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