WHAT REALLY HAPPENED | The History The US Government HOPES You Never Learn!


"... Producing a kind of painless concentration camp for entire societies so that people will in fact have their liberties taken away from them, but will rather enjoy it, because they will be distracted from any desire to rebel by propaganda, or brainwashing, or brainwashing enhanced by pharmacological methods. And this seems to be the final revolution." -- Aldous Huxley



Paid advertising at What Really Happened may not represent the views and opinions of this website and its contributors. No endorsement of products and services advertised is either expressed or implied.


September 30, 2008

Sep 30 10:25

Screaming in a Burning Theater: Zero Bank Reserves

it seems that buried deep in the Bailout Bill was a clause that would have enabled banks to operate without any reserves! Starting tomorrow...

Sep 30 10:18

Fed Pumps Further $630 Billion Into Financial System

The Federal Reserve will pump an additional $630 billion into the global financial system, flooding banks with cash to alleviate the worst banking crisis since the Great Depression.

Webmaster's Commentary: 

... pushing the annual rate of inflation close to %700.

Sep 30 10:17

FLASHBACK - The United States Is In Deep Doodoo!

In describing the FED, McFadden remarked in the Congressional Record, House pages 1295 and 1296 on June 10, 1932:

Webmaster's Commentary: 

Relinked at reader request.

Optional Banner: 
WRH Exclusive
Sep 30 10:14

The 3 A.M. Call

The odds are that the next president will have to deal with some major financial emergencies.

So what do we know about the readiness of the two men most likely to end up taking that call? Well, Barack Obama seems well informed and sensible about matters economic and financial. John McCain, on the other hand, scares me.

Sep 30 10:11

Senate May Try to Revive Bank-Rescue Bill as Early as Tomorrow

``They're not going to totally revamp the bill,'' said Pete Davis, president of Davis Capital Investment Ideas in Washington, who spoke to House and Senate leaders yesterday. ``They'll make some minor changes and pass it. This is all about political cover.''

Senators say they have no choice but to revive the measure, which is designed to restore confidence in the nation's banking system.

Webmaster's Commentary: 

Call your Senate representative now. Be polite, but firm, making sure that whoever answers the phone understands, in no uncertain terms, that you oppose this bailout. Make sure that they also understand that a "yes" vote to pass this monstrosity is a vote for their OPPONENT in November's election.

Sep 30 10:08


Sep 30 10:08

Palin Implicated By Witness in ‘Troopergate’ Probe

An Alaska woman who owns a company that processes workers’ compensation claims in the state has told an independent investigator that she was urged by the office of Gov. Sarah Palin to deny a benefits claim for Palin’s ex brother-in-law, a state trooper who was involved in an ugly divorce and child custody dispute with Palin’s sister, despite evidence that the claim appeared to be legitimate, according to state officials who were briefed about the conversation.

Sep 30 10:06

Governor Jesse Ventura Working on New Project for truTV to Investigate Conspiracy Theories

Jesse Ventura, a man who has lived a dangerous life, is about to explore mysteries behind the most compelling modern day conspiracy theories for truTV. Production of a pilot featuring Ventura begins in October. The project comes to truTV from A. Smith & Co. Productions.

Webmaster's Commentary: 

I wonder if they need any visual effects or animation? :)

Sep 30 10:04

Why Main Street SHOULDN'T Weep for Wall Street

Why should anyone who isn't a Wall Street insider cry for their demise?

At their height of glory, what were they up to?

Corporate raiders taking over firms and ransacking the pension funds, borrowing against the firm and then declaring bankruptcy, sending thousands into unemployment.

Sep 30 10:03

Let Risk-Taking Financial Institutions Fail

Do not be fooled. The $700 billion (ultimately $1 trillion or more) bailout is not predominantly for mortgages and homeowners. Instead, the bailout is for mortgage-backed securities. In fact, some versions of these instruments are imaginary derivatives. These claims overlap on the same types of mortgages. Many financial institutions wrote claims over the same mortgages, and these are the majority of claims that have "gone bad."

Sep 30 10:02

Bare-Assed Naked in a Pig Skin Suit.

This bail-out… though it is made to look complex, is quite simple. Certain forces from the business and political world want to give the publics money to the very agencies that caused the problem which the bail-out is supposed to fix. What the bailout accomplishes is to give these criminals the wherewithal to prop up their stocks before they dump them. However you may understand this situation, however nuanced your perceptions may be, one thing is clear… you don’t throw money at the people who created the problem in the first place. The real issue here is not what it appears.

Sep 30 10:00

PPT “President’s Commission on Working Capital Markets”

Did the PPT run out of money to help manipulate the markets?

Sep 30 09:59

Commentary: Bankruptcy, not bailout, is the right answer

This bailout was a terrible idea. Here's why.

The current mess would never have occurred in the absence of ill-conceived federal policies. The federal government chartered Fannie Mae in 1938 and Freddie Mac in 1970; these two mortgage lending institutions are at the center of the crisis. The government implicitly promised these institutions that it would make good on their debts, so Fannie and Freddie took on huge amounts of excessive risk.

Webmaster's Commentary: 

Imagine playing blackjack. But the rules are changed so that when you win, you get to keep the cash, but when you lose, the casino workers are all forced to chip in to cover the costs.

Who wouldn't want to play in that casino?

Well, that casino exists, and it's called Wall Street!

Sep 30 09:57

Lipponen compares Finnish Conservatives to "McCain's America"

Sep 30 09:46

The Pentagon's new Africa command raises suspicions about U.S. motives

U.S. officials have billed the new command, known as Africom, as a sign of Africa's strategic importance, but many in Africa see it as an unwelcome expansion of the U.S.-led war on terrorism and a bid to secure greater access to the continent's vast oil resources. Several countries have refused to host the command, and officials say Africom will be based in Stuttgart, Germany, for the foreseeable future.

Webmaster's Commentary: 

It is not surprising that the estimation of the nature of this mission by African leadership is so suspicious that not one African country will allow US to build its headquarters there!

Sep 30 09:45


There are various charitable organisations that regularly visit patients in Israeli hospitals. Some bring sandwiches to give to people visiting the patients, others come just to give greetings and make the sick feel that they are not alone with their suffering.

BUT…. what if the patient is a Palestinian? Is he treated the same way by these supposed dogooders? NO!!!!
Their visitors do not receive sandwiches…. they themselves do not receive the friendly greetings. Is this ‘Chesid’ or is this racism? You decide.

Sep 30 09:43

Bailout by Stealth

While the public is distracted by the "bailout bill" and its rejection, trillions are pumped in to keep financial balloon inflated.

Sep 30 09:35

Continuing US losses will lead to military strikes on Pakistan

If the United States forces in Afghanistan continue to suffer casualties inflicted by insurgents crossing over from Pakistan, the next administration, whether Republican or Democratic, will come under tremendous public pressure to make direct strikes on Pakistani targets, according to three South Asia experts

Webmaster's Commentary: 

If Zardari, after "having drunk the koolaid" in terms of the promises he may have made to Michael Hayden about uprooting and eliminating the Taliban in Pakistan go unfulfilled, it is almost a certainty that the US and NATO will ramp up military actions against Pakistan.

Sep 30 09:26

FINALLY Someone Said “No” by Richard C. Cook

The bailout bill is one of the most critical ever brought before Congress. The Republicans who defied President George W. Bush, Secretary of the Treasury Henry Paulson, and the House leadership did so because their constituents demanded it. Ideologically, they acted to let the free market do its work. If overextended financial institutions which had invested recklessly go bankrupt, so be it.

Sep 30 09:25

Pak President Zardari met CIA Director secretly: Report

Pakistan President Asif Ali Zardari secretly met the director of America's Central Intelligence Agency (CIA) Michael Hayden on his recent US visit, a media report said on Monday.

A regular columnist of the New York Times reported that Zardari has replaced heads of three directorates of the Pakistani intelligence agency ISI.

Webmaster's Commentary: 

If true, it appears that Zardari has, indeed, "drunk the koolaid" to continue the flow of American dollars and weapons, and is moving forward to do the US's bidding in his country.

Sep 30 09:25


Webmaster's Commentary: 

This is a local copy of the roll call vote, as people are reporting "difficulty" in reaching the official House website page for this vote.

BTW, take a look at the measure's official name. Think they were trying to sneak one by us?

Sep 30 09:22


Webmaster's Commentary: 

In 1913, members of the Congress convened over the Christmas break, voice-voted to wave the quorum rule, then voice-voted to pass the Federal Reserve act, which transferred control of the United States' monetary policy into the hands of a privately-owned bank. That same year, lame-duck Secretary of State Philander Knox declared the 16th Amendment "in effect", removing the Constitutional ban on a direct non-apportioned tax on the people. As a side note, after decades of research, nobody inside or outside the government can document that the 16th Amendment was actually ratified by the necessary number of states, but it was declared by fiat, shackling the American epople to whatever debts the US Government would owe that private bank now in control of monetary policy.

As recent events have proven yet again, that private bank is not looking out for the interests of the people of this nation, but only for itself.

This nation was never supposed to have a private central bank. Prior to 1913, various Presidents had opposed such a central bank as contrary to the best interests of the people.

It is time to return to the founding principles of this nation.

Sep 30 09:16

Pakistan's New Spy Chief Raises Concern About Loyalty To US

Pakistan named a new head of its main intelligence service, a change sure to be scrutinized by American officials who have questioned the powerful spy agency's loyalties in the war on terror.

Webmaster's Commentary: 

Notice how words like"concern......suspicions".....appeared.....reportedly" are used in this article to raise doubts about Lt. General Pasha.

So what you have here is one big, fat steaming stew of innuendo, even though it appears he has served the country's military with distinction.

Sep 30 09:12

Bernanke PROVED Paulson Plan Bankrupt

Thank God we got a "NO" vote today folks.

No, not because the market tanked.

And no, I was not short up to my eyeballs.

I scalp traded the morning but was out when the blowup came, as I didn't expect it - I really did think the bill would pass, my and many other's efforts to stop it notwithstanding.

Sep 30 09:08

Exit Tax for U.S. Expatriates Becomes Law

Giving up a U.S. passport can carry a steep price tag. A new law passed by the U.S. Congress and signed by the President will subject certain individuals, who expatriate or give up their green cards, to immediate tax on the inherent gain on all of their worldwide assets and a tax on future gifts or bequests made to a U.S. citizen or resident.

Webmaster's Commentary: 

"Sure, you can leave any time you want. Just drop off all your money on the way out!" -- Official White Horse Souse

Sep 30 09:06

Cramer: Don’t Buy Until Dow Hits 8,200

Webmaster's Commentary: 

I am putting my money into canned foods and shotguns!

Sep 30 08:57

The $55 trillion question

The financial crisis has put a spotlight on the obscure world of credit default swaps - which trade in a vast, unregulated market that most people haven't heard of and even fewer understand. Will this be the next disaster?

Sep 30 08:56

Big Financiers Start Lobbying for Wider Aid

Even as policy makers worked on details of a $700 billion bailout of the financial industry, Wall Street began looking for ways to profit from it.

Financial firms were lobbying to have all manner of troubled investments covered, not just those related to mortgages.

Webmaster's Commentary: 

I lost $18 million dollars on a plan to smuggle white Anglo-Saxon protestants into Mexico to pick watermelons. Where is my bailout?

Sep 30 08:47

Congratulations, Corporate Crime Fighters! Coup Averted for Three Days! ...from Michael Moore

Everyone said the bill would pass. The masters of the universe were already making celebratory dinner reservations at Manhattan's finest restaurants. Personal shoppers in Dallas and Atlanta were dispatched to do the early Christmas gifting. Mad Men of Chicago and Miami were popping corks and toasting each other long before the morning latte run.

Sep 30 08:45

Palin losing friends on the home front

Sarah Palin may be making new friends as she campaigns the nation, but at home, she's making new enemies. She better get elected vice president. If she returns to Alaska as governor, the reception will be frosty -- and not because winter has arrived.

Webmaster's Commentary: 

Oh, it's not THAT bad. If she loses the VP job and Governorship, she still has the Playboy gig!

Sep 30 08:43

Cyber Security Expert: Hackers Planning To Steal Election For McCain

In an ten part You Tube interview, Spoonamore warns that hackers are planning to steal the election on behalf of the McCain camp and even predicts the margin of victory

Sep 30 08:36

Russia says U.S. blocking nuclear arms reduction talks

Russia accused the United States on Monday of stonewalling negotiations on a new pact on reducing the size of the two powers' nuclear arsenals, the latest sign of deteriorating Russian-U.S. relations.

Webmaster's Commentary: 

"Give up our bombs? But, but, but, we impoverished our entire people to make these things, and look at them; they are so very big and so very shiny and doncha just wanna lick them all over? These are my babies! I just can't throw them away like that!!!!" -- Official White Horse Souse

Sep 30 08:33

Putin Promises $50Bln For Banks

Webmaster's Commentary: 

Theirs, not ours.

Sep 30 08:32

The Power Elite Playbook, Burn All, Steal All, Kill All!

Burn all, steal all and kill all was the official policy of Japan's imperialistic military and paramilitary groups like the Black Ocean and Black Dragon societies. Japanese citizens regarded their emperor as omnipotent or sanctioned by God; therefore obedience to government was deeply entrenched. Weapons technology, driven by the orchestrated Cold War with its staged enemies, has improved. Now it is nuke all, steal all and kill all. The Power Elite prototype, in most nations, reveals their consistent goal of depopulating the earth (to 500 million) and seizing all resources.

Sep 30 08:28

Will Wall Street's Meltdown Turn America Into a Police State?

Failing banks? Endless war? Call Homeland Security.

Sep 30 08:27

Dexia bank gets multi-nation $9.2B bailout

Sep 30 08:26

Ex-CIA official pleads guilty in contracts case

The CIA's former executive director, Kyle "Dusty" Foggo, admitted steering contracts to friend Brent Wilkes, who already is serving a 12-year sentence for bribing former Republican Congressman Randall "Duke" Cunningham, the department said.

Sep 30 08:18

Pentagon has trouble launching rockets

The Government Accountability Office recently said the rate of target failure rose from 7 percent between 2002 and 2005 to 16 percent between 2006 and 2007.

Webmaster's Commentary: 

Can't get it up any more, eh?

Sep 30 08:12

Credit Markets Threaten Retail Banking, Bank Runs Next?

Webmaster's Commentary: 

If the bailout gets shoved through, HELL YES!!!!!!!!!!

Sep 30 08:10

6 Brainwashing Techniques They're Using On You Right Now

Brainwashing doesn't take any sci-fi gadgetry or Manchurian Candidate hypnotism bullshit. There are all sorts of tried-and-true techniques that anyone can use to bypass the thinking part of your brain and flip a switch deep inside that says "OBEY."

Sep 30 08:04

VIDEO - The Hidden Cost of War

In 2003, Donald Rumsfeld estimated a war with Iraq would cost $60 billion. Five years later, the cost of Iraq war operations is more than 10 times that estimate. So what's behind the ballooning figures? Joseph E. Stiglitz and Linda J. Bilme's exhaustively researched book, The Three Trillion Dollar War: The True Cost of the Iraq Conflict, breaks down the price tag, from current debts to the unseen costs we'll pay for many years to come.

Sep 30 08:02

VIDEO - If At First You Don't Succeed, Suspend Again!

John McCain made the morning show rounds today. On Fox they were virtually begging him to "suspend" his campaign again in the wake of the bailout failure yesterday on the Hill. You know, since it worked out so well the first time. McCain's answer: He just might suspend again.

Webmaster's Commentary: 

... just in time to call off the VP debates!!!!!!!!

Sep 30 08:01

Media: Bush Is The ‘Picture Of A Beaten Dog’

Bush’s speech is unlikely to have much of an effect. Immediately following the address, MSNBC turned to New York Magazine’s John Heilemann, who commented:

I don’t think that comforts anybody. I don’t think that moves a single vote. With due respect and sympathy for the man, that was the picture of a beaten dog. That was the picture of presidential impotence right there. He looked terrible like his bell had been rung. He looked drawn to me.

Webmaster's Commentary: 

You will forgive me if I fail to respond to such an obvious and pathetic bid for sympathy by a sycophantic media.

Sep 30 07:55

Time for a Taxpayers Revolt

Jobs with Justice is calling for a national day of action against the bailout this Wednesday, Oct. 1. In conjunction with this, we are calling for actions against Congress on the same day. Building on the wave of protests against the Wall Street bailout last week, we must put Congress on notice that they pass this bill at their own risk. With just weeks left until the election, it’s the perfect chance to tell them they’ll be facing a taxpayer revolt if they vote for the bailout.

Webmaster's Commentary: 

Remember, stoning them to death is eco-friendly!

All joking aside, what it comes down to is this. The Congress is supposed to represent the will of the people. The vast majority of Americans (those living in just one house) oppose this bailout bill. If Congress ignores the will of the people and takes our tax money to give to the bankers, then what we have is taxation without representation. And I recall very clearly being taught in school that this was a legitimate reason to throw the entire government out.

Sep 30 07:50

Congress set to reconvene as officials clamber to calm markets

Minutes after Congress began its vote on the historic bailout plan, the selling began. The result: The TSX lost $100-billion in market value, and the Dow $1.2-trillion. Now, shell-shocked investors struggle to make sense of a day of carnage.

Webmaster's Commentary: 

Except that the market is UP today! Which means that the bailout isn't the indispensable magic bullet Bush claimed.

Also, as I note below, have you noticed how when ordinary Americans go broke and have to live in tent cities, the US media barely mentions it, but when rich investors lose a few points, it's the @#$%ing end of the world and the coverage is non-stop?

UPDATE: MSNBC is reporting that the DOW is up this morning on anticipation that Congress will pass the bailout later this week, and to hell with what the people want, right? So you have to keep up the pressure; they are still thinking they can shove this thing down your throats, so we have to shove it up their ....

Sep 30 07:47

IAEA 'puts Israeli nukes on agenda'

The move was initially met with protests by the US and Canada but the two countries had to back down from their position after they realized that other member states of the IAEA meeting's presidential board would not support their stance, an informed source told Fars News Agency on Monday.

Webmaster's Commentary: 

It will be fun watching Israel, so quick to point fingers at everyone else, try to suirm out of this one.

First they will probably claim that since they are not signatories to the Nuclear Non-Proliferation Treaty, that they are not required to allow the IAEA to look at anything.

Sep 30 07:35

Southern California Shanty Town / Tent City

Webmaster's Commentary: 

I relinked this because I am watching the corporate mainstream media screaming and crying and wringing their hands about what a bad thing it is that the bailout has not passed and how SOMETHING must be done to force those mean ol' representatives to change their votes and take $700 billion (at a minimum) from YOU and give it to guys so rich they can;t remember how many homes they own.

But the tent cities springing up across America, residence of people who have lost their one and only home, scarcely got a notice in the American corporate media. Indeed the first story about the huge tent city in Ontario was reported by BBC!

So, it should be clear that ABCNNBBCBS serves the interests of the ultra-rich. Looking at their news broadcasts it almost seems like there is no other news than how important it is that we should all give what little money we have left to the Wall Street "wizards" so that they can have one more spin at the wheel.

Folks, this bailout is not over. Rest assured that the congressional leadership and rich donors are screaming at congress to get this thing rammed through. Never mind that it won't actually improve the economy and to hell with the "Will of the people." Congress will take money that we could use to start businesses and create jobs away from We The People and give it to the banks so that they can loan it to us at interest ... so we can start businesses and create jobs.

DO NOT RELAX! The crooks are waiting for you to relax and think that this is over. Call, FAX or visit your congressmen.

Here is the list of who voted for and against the bailout.

Thank and support the ones who voted NO, because Pelosi and her goons are trying to get them to change their votes.

Then get busy going after everyone who voted yes, and let them know in no uncertain terms that passage of the bailout means their removal from office the next time they are up for re-election, and that if it is not this November that the blogs have a very long memory and no forgiveness. Remind them that if the bailout passes, you will empty your bank account the very next day and urge all your friends to do the same.

The other side is motivated by greed. They actually believe God wants them to have all of the money, and you living in a tent (or a cardboard box) is a small price to pay for them to buy another mansion. The only thing that will stop them is you.

THIS IS NOT OVER YET! Like Dracula, the bailout will rise from the grave to drain the very blood from the people of the United States.

Sep 30 07:19

Stocks jump at open

Webmaster's Commentary: 

I guess that bailout wasn't all that necessary after all!

Sep 30 05:58

Joe Average will no longer be manipulated by fear

I’m very proud to be an American today. We did something important yesterday. I’m not going to comment on the market consequences, because I can’t pretend to be an economic expert. But I can comment on freedom and fear. Yesterday was about the rejection of fear.

Sep 30 05:30

U.S. turmoil fails to carry through to Europe

* Meltdown fears abate as European shares gain
* U.S. futures point to higher Wall Street open
* Dollar gains against yen, euro

September 29, 2008

Sep 29 22:06

Paulson Plan Is Still a Pig, Even With Lipstick

If Treasury Secretary Hank Paulson thought he could cram a $700 billion plan to buy financial institutions' toxic mortgage-backed waste through Congress with no questions asked, he got a rude awakening last week.

Sep 29 22:00

Utah lawyer can question, videotape Terry Nichols

Nichols - who is serving a life sentence at the U.S. Penitentiary Administrative Maximum Facility in Florence, Colo. - claims a high-ranking FBI official "apparently" was directing McVeigh in the plot. Both Nichols and Hammer, who says he had lengthy conversations with McVeigh while the two were both housed at the Terre Haute facility, say McVeigh claimed to be an undercover operative for the military.
The FBI has denied any role in the bombing.

Webmaster's Commentary: 

More about the OK City bombing is HERE

Sep 29 21:53

Wall Street bailout: Congress 'must move' Email Print Link

With leaders of both Democratic and Republican House ranks blaming each other for the initial failure of a $700-billion federal bailout for struggling financial institutions, congressional leaders plan to redouble efforts to approve a rescue this week.

Webmaster's Commentary: 

Aren't the congressional representatives supposed to represent the will of the people?

The Congressional "leaders", in applying coercive tactics to members of congress to force them to reverse their votes, are SUBVERTING the Constitution, and they are doing it on national television in full view of America!

Sep 29 20:19

Why is a U.S. Army brigade being assigned to the "Homeland"?

For more than 100 years -- since the end of the Civil War -- deployment of the U.S. military inside the U.S. has been prohibited under The Posse Comitatus Act (the only exceptions being that the National Guard and Coast Guard are exempted, and use of the military on an emergency ad hoc basis is permitted, such as what happened after Hurricane Katrina).

Sep 29 18:22

Short of cash, NY Sun is shutting down

Webmaster's Commentary: 

Hee hee hee hee.

Sep 29 18:18

VIDEO - Wall Street Protest call your congress say NO 2 a bailout 1-800-828-0498

I do not recall seeing this protest reported on ABCNNBBCBS!!!

Sep 29 18:11

In reintroduction, Palin to do more interviews and "tell her story"

The Palin aide, after first noting how "infuriating" it was for CBS to purportedly leak word about the gaffe, revealed that it came in response to a question about Supreme Court decisions.

After noting Roe vs. Wade, Palin was apparently unable to discuss any major court cases.

There was no verbal fumbling with this particular question as there was with some others, the aide said, but rather silence.

Sep 29 18:02

Mich. Officials: Forclosures Can't Stop Votes

Sep 29 17:59

Media Mum on Barney Frank's Fannie Mae Love Connection

Sep 29 17:46

Republican IT consultant subpoenaed in case alleging tampering with 2004 election

Michael L. Connell was served with a subpoena in Ohio on Sept. 22 in a case alleging that vote-tampering during the 2004 presidential election resulted in civil rights violations. Connell, president of GovTech Solutions and New Media Communications, is a website designer and IT professional who created a website for Ohio’s secretary of state that presented the results of the 2004 election in real time as they were tabulated.

Webmaster's Commentary: 

Everyone proven involved in any kind of vote-rigging should be prosecuted to the fullest extent of the law.

Unfortunately, in this country, that will never happen, particularly if that person is attached to the winning candidates.

Sep 29 14:37

In defense of Sheikh Yousuf al-Qaradawi

Sep 29 14:36

McCain Aides Complain that Palin Is 'Clueless'

Sep 29 14:36

McCain takes credit for bill before it loses

Sen. John McCain (R-Ariz.) and his top aides took credit for building a winning bailout coalition – hours before the vote failed and stocks tanked.

Webmaster's Commentary: 

Lookin' about as competent as your VP, John!

Sep 29 14:00

Zakaria: McCain's VP decision is 'fundamentally irresponsible'

In a column appearing in Newsweek, world affairs expert and author Fareed Zakaria said he thinks it would be best for Republican presidential hopeful John McCain, if Gov. Sarah Palin bowed out as his vice presidential running mate.

Webmaster's Commentary: 


Sep 29 13:23


Sep 29 13:20

BoA to close credit cards for approximately 60% of customers?

Webmaster's Commentary: 

"We'll MAKE them support the bailout, dammit!!!!!" :)

(ahem) This is an unconfirmed rumor, BTW!

Sep 29 12:47

You won't believe where that $700-billion bailout figure came from

You know where that very important $700-billion figure came from?

Here's a quote from that Forbes story:

"It's not based on any particular data point," a Treasury spokeswoman told Forbes.com Tuesday. "We just wanted to choose a really large number."

They made it up to be sufficiently enormous to frighten everyone into rapid action.

Sep 29 12:46

Hubble Space Telescope Suffers Serious Failure

A serious equipment failure aboard the Hubble Space Telescope is preventing it from relaying data and images to scientists on Earth and will likely delay a shuttle mission to overhaul the observatory next month, NASA officials said Monday.

Sep 29 12:41

Black Monday?

"As one Wall Street veteran explained to me, "I don't see one penny of that $700 billion ending up helping the broader economy. I see it being used to prop up share prices so the insiders can salvage as much as possible when dumping their shares.""

Sep 29 12:36

U.S. Government Bails Out Auto Makers

Webmaster's Commentary: 

Here a bailout, there a bailout, everywhere a bailout ee eye ee eye oh!

Sep 29 12:34

The Pentagon Bailout Fraud

Let's start with the money the Bush administration has already thrown at the war in Iraq. According to the June congressional testimony of William Beach, director of the Center for Data Analysis, the war has cost $646 billion so far. The new defense budget for 2009 tacks on another $68.6 billion for Iraq and Afghanistan in the coming year. However, military expert Bill Hartung of the New America Foundation puts a conservative estimate of the costs of a single week of the Iraq War at approximately $3.5 billion (or about $180 billion a year).

Sep 29 12:29


Webmaster's Commentary: 



Contact info at congress.org

Sep 29 12:26

Media starting to gin up some polls to re-sell the bailout

Sep 29 12:25

Bailout Round II: A New Shade of Lipstick

We demanded a No vote and for the first time in recent memory we were listened to. Thank you! Three cheers for the American people!

Sep 29 12:20

"Martial Law" In House of Representatives

Under the martial law procedure, long-standing House rules that require at least one day between the unveiling of significant legislation and the House floor vote on that legislation — so that Members can learn what they are being asked to vote on — are swept away.

Webmaster's Commentary: 

In other words, rush the thing through before the Representatives can take a good look at it.

Sep 29 12:20

Calls For New EU Financial Order Increase As Total Meltdown Becomes Likely

Steve Watson
Monday, Sept 29, 2008

With major European banks now failing, calls have increased for an entire restructuring of the financial system under a centralized EU supervisory body.

With Belgian-Dutch group Fortis becoming the first major European bank to buckle, British mortgage lender Bradford & Bingley also being nationalized, as well as several other banks failing in Iceland, Denmark and Germany, economists have warned that more are teetering on the brink and only a radical centralization of power in Europe can stave off financial ruin.

Sep 29 12:17

Ron Paul: Bailout Will Destroy Dollar, World Economy

As a vote nears on the $700 billion dollar plus bailout bill, Congressman Ron Paul took to the House floor this morning to warn that the passage of the legislation will destroy the dollar and the world economy.

Sep 29 11:58


Sep 29 11:40

American pressure on the Gulf-States to save Wall Street

Gulf diplomatic sources in New York, told Al-Akhbar that they are concerned about the U.S. pressures on the Gulf-countries to absorb the currency liquidity available in their banks.

Webmaster's Commentary: 

"... or we'll invade you!" -- Official White Horse Souse

Sep 29 11:39

NASDAQ out-dropping the DOW!

Sep 29 11:38

Accountability? - This is how they managed the Iraq War billions

Can you imagine the scope and scale of the theft that will take place with the bank bailouts?

For four generations now, the Bush family has been involved in supporting the country's enemies (most notably the Nazi Party in Germany) and robbing the country blind.

Sep 29 11:36

Fed Pumps Further $630 Billion Into Financial System

The Federal Reserve will pump an additional $630 billion into the global financial system, flooding banks with cash to alleviate the worst banking crisis since the Great Depression.

Webmaster's Commentary: 

So, if they don;t get the bailout they'll just print it up as they go along anyway!

Sep 29 11:07

UPDATE: Bill FAILS - Yea 207 Nay 226 - America Stands Proud!!! GO TO HELL, WALL STREET!!!

Webmaster's Commentary: 









Sep 29 10:52

White House says has votes to pass bailout bill

The Bush administration believes it has enough votes in Congress to pass the $700 billion package aimed at rescuing the U.S. financial system despite some opposition by lawmakers, a White House spokesman said on Monday.

Webmaster's Commentary: 

The Bush administration believed Saddam had nookular bombs, too.

Sep 29 10:45

BAILOUT DIES IN HOUSE! Markets slump before US Congress bailout vote

Webmaster's Commentary: 


Update: House holds vote clock open in last-ditch effort to persuade House Members to reverse their votes!!!!

The corporate media is not even showing any shame in their desire for 11 members of the House of Representatives to be "turned" and reverse their votes!

The Representatives are SUPPOSED to represent their constituents. When the corporate media talks about "turning" 11 representatives while Pelosi holds the clock open, they are talking about subverting the most fundamental processes of our government for personal gain ... ON NATIONAL TELEVISION!

This is OBSCENE! This is like having a Presidential election and after candidate A wins, holding the polls open until you CAN CLUB ENOUGH VOTERS INTO CHANGING THEIR VOTES TO MAKE CANDIDATE B THE WINNER!

If this House vote is reversed, this will prove that we live in a dictatorship. Congress will be forced to do what the decider wants done.

If they pass this, empty your bank accounts. That is a LEGAL form of protest. They cannot arrest you or taser you for taking back your money from the banks.

Sep 29 10:43

Video: We Used To Read About Them In Textbooks

Webmaster's Commentary: 

Warning: extremely graphic and disturbing still images and video.

But please watch this. You paid for this, so you better see what your tax dollars have purchased.

This is happening not only the families of Iraqis, courtesy of the use of depleted uranium, but also to our vets and their kids.

And what do you hear about it in the corporate media?

Absolutely nothing, zero, zip, nada, nothing.

And the worst for our vets and their families? Just as it happened with the use of Agent Orange in Viet Nam, the VA is denying that there is any correlation between exposure to depleted uranium, the cancers our vets are experiencing, and the birth defects in their children.

Sep 29 10:38

Game Plan for Palin Is Retooled Ahead of Debate

Since her selection nearly a month ago, the 44-year-old governor has excited the party's conservative base with huge crowds and newfound fund raising. She remains popular in many areas, and last week drew 60,000 people to an event near Orlando, Fla.

Sep 29 10:35

McCain Aide: Couric asked Palin "Trapdoor Questions"

Nancy Pfotenhauer calls the interview a "series of trapdoor questions."

Webmaster's Commentary: 

Awww, da mean ol' media was beating up on Caribou Barbie!!!!!!

Sep 29 10:22

China calls for end to ‘force’ against Iran

Webmaster's Commentary: 

Seeing the financial meltdown here in the US, coupled with the quagmires in both Iraq and Afghanistan, Chinese leaders understand that the US is in no position to instigate any kind of attack against Iran. Therefore, the timing is perfect for working toward ratcheting down the geopolitical pressure on Iran over their nuclear power program.

Sep 29 10:18

With All Eyes on the Bailout, House Passes Trillion-Dollar Defense Bill

On Wednesday, the House passed a mammoth defense bill by a 392-39 vote. It's expected to clear the Senate with little difficulty next week.

Webmaster's Commentary: 

It's not like they are spending their OWN money!

Sep 29 10:17

$1 Quadrillion of Unregulated Debt At Core of Coming Derivatives Crisis

Despite all the blather and swearing-on-the-Bible pronunciamentos from establishment “pundits,” our house-of-cards financial system is not fundamentally sound.

Expect such indices as the Dow to tumble even much lower when the Pandora’s box of derivatives is fully opened.

Webmaster's Commentary: 

The $700 billion bailout is just a piece of scotch tape keeping the lid of Pandora's Box of Derivatives closed.

Sep 29 10:16

Crumbling Financial Giants Gave Generously To Dodd

A year and a half later, Dodd acknowledges that the nation's finances are in an "economic maelstrom." And while Washington engages in an urgent search for after-the-fact fixes, there is also plenty of finger-pointing, and there are enduring questions about whether campaign cash — millions and millions in campaign cash — blinded Dodd and other overseers to the excesses of industry.

Sep 29 10:15

'Substantive' Press Is Taken for a Spin

While some journalists say privately they are censoring their comments about Palin to avoid looking like they're piling on, pundits on the right are jumping ship. MSNBC's Joe Scarborough says Palin "just seems out of her league." National Review Editor Rich Lowry called her performance "dreadful." Dallas Morning News columnist Rod Dreher described the interview as a "train wreck." Conservative columnist Kathleen Parker urged Palin to quit the race, saying: "If BS were currency, Palin could bail out Wall Street herself."

Sep 29 10:13

SpaceX Did It -- Falcon 1 Made it to Space

The feat is a giant leap forward for privately-funded space ventures, and follows the spectacular 2004 suborbital flight of SpaceShipOne. (See related Wired Science story: "Space Visionaries Prove Naysayers Wrong - Again".)

Musk seemed almost overcome with emotion. In the coming years, his company will try to make space transportation ten times cheaper and more reliable.

Webmaster's Commentary: 

Little something from one of the other private space launch companies. :)

Sep 29 10:00

Bloomberg Analyst: $700 Billion Bailout Could Balloon to $5 Trillion

Webmaster's Commentary: 

Remember: the 700 billion dollar figure was simply pulled out of thin air.

The folks hyping this bailout for privatizing profit and socializing the risk have not a clue in the slightest as to what taxpayers will really have to fork over to rescue these troubled institutions.

Sep 29 09:55


This evening at sundown Jews throughout the world and in Israel will start celebrating the New Year, Rosh HaShana.

As the same sun on the same earth we live on sets, Muslims throughout the world and in Palestine will start celebrating the Glorious Feast of Eid al Fitre.
In both cases these are family celebrations. But in one case this will not be. As during all Jewish festivals in Israel, the West Bank will be closed preventing Palestinians from visiting their relatives in other areas.

Talk about a Grinch!

Sep 29 09:54

Bloomberg Analyst: $700 Billion Bailout Could Balloon to $5 Trillion

Sep 29 09:49

Rasmussen pollling credibility takes a major hit.

Sep 29 09:43

Big Financiers Start Lobbying for Wider Aid

Even as policy makers worked on details of a $700 billion bailout of the financial industry, Wall Street began looking for ways to profit from it.

Financial firms were lobbying to have all manner of troubled investments covered, not just those related to mortgages.

Webmaster's Commentary: 

Once that gate is opened into your wallet, every banker, lender, and financial operator is going to line up for a taste!

Sep 29 09:39

O....M....G.... Today's Gallup National Poll...

Sep 29 09:39

Why the bailout may not be passed

Today's vote on the Paulson Plunder Act of 2008 may fail. It should. You should help block it by phoning your representative right now at (202) 224-3121 and promising to vote for them in November only if they vote NO on this grand larceny today. We do have a chance at winning on this and blocking this bill. Here's why.

Sep 29 09:37

Gasoline Shortages: Our Inventory Problem

Webmaster's Commentary: 

Let's see. Here appears to be Dick Cheney's secret energy policy ( and a really good reason it should never have been allowed to be secret).

1. Invade a bunch of countries with a lot of oil.

2. Burn up a lot of oil and money (and kids; no big deal) conquering these oil countries, then suck out the oil and sell it to replace the oil and money (but not the kids; again no big deal) and make a tidy profit.

I am sure that it looked good in the bunker, but the best laid plans gang aft agley (Bobbie Burns) and suddenly all that oil we had conquered started being sold to other places, and the wars had so angered the rest of the world that even those nations we did NOT attack started selling their oil someplace else!

Good planning. Really marvelous thinking. Really.

Sep 29 09:32

U.S. stocks hammered as Fed adds more liquidity

Webmaster's Commentary: 

There is no credit crisis. There is a repayment crisis.

The Federal Reserve can print up all the money it wants to, but NOBODY IS BORROWING BECAUSE THEY DO NOT KNOW THEY CAN PAY IT BACK!

The root cause of the crisis is that at the same time the nation (led by the government) was going deeper into debt, that same US Government gave huge tax credits to American corporations that made it easier to send high-paying American jobs to foreign shores!

The Government and media want to put the blame on "irresponsible" home buyers, or families who had "more children than they could afford." But the fact is that when those people bought homes, or had their children, they COULD afford the costs! But as high paying jobs vanished and people had to take low paying jobs, bills started going unpaid ... and all this rests squarely with the US Government that forgot that running en economy based on debt also means making sure that the people who pay those debts have the jobs to do so.

Sep 29 09:23

The real troublemakers in the Middle East

The attack occurred Saturday morning, near a major Syrian intelligence facility, although news reports in the West are focusing on the proximity of the Shi'ite shrine. Israeli media are emphasizing the possibility of an internal struggle within the Syrian regime itself, while the Iranians are saying the blast was the work of the Mossad and/or CIA.

Sep 29 09:22

McCain Aide Predicts Veep Debate Will Be Stacked

Webmaster's Commentary: 

Unflippinbelievable! The McCain spin is that asking Sarah Palin any questions about foreign policy during Thursday's debate means the debate moderator is biased towards Obama!!!!!!

Sep 29 09:17

Tories 'bankrolled by the City wolves' who made a killing from financial crash

The Tories are under fire after it emerged they have been bankrolled by City 'wolves' who have made a killing from the financial crash.

The party has received hundreds of thousands of pounds from hedge fund managers who raked in vast sums by short-selling shares in British banks.

Webmaster's Commentary: 

Is Bush playing the same game; cratering the economy to make a fortune off of the carnage?

Sep 29 09:15

Iraq WMD Lies: The Words of Mass Deception

Webmaster's Commentary: 

Dear President Bush

You want to know WHY nobody is listening to your dire warnings about what will happen if the bailout does not pass?

THIS is why.

You have a credibility crisis of epic (and nation-killing) proportions of your own creation.

Fool me once ...

Sep 29 09:13

Pelosi thinks we're stupid

Pelosi: We sent a message to Wall Street - the party is over.

Sure, the party is over. But we weren't invited to the party, yet we're the ones left cleaning up the mess and paying for the house they burned down.

Sep 29 09:10

Tasering of mom with baby 'necessary,' police say

Vancouver police are defending a decision by officers to Taser a 16-year-old mother who wouldn't hand her baby over to social workers last Monday, saying the officers were afraid to engage in a tug of war with the mother for what they said was a critically ill baby.

However, the great-grandmother of one-month-old Taige said Friday the baby boy was not critically ill.

Webmaster's Commentary: 

Umm, guys? If you taser a mother holding her baby, THE BABY GETS THE ELECTRIC SHOCK AS WELL!!!!!!!

Where do they find these clueless idiots to put in those uniforms?

Sep 29 09:06

The Rich Are Staging a Coup This Morning

Let me cut to the chase. The biggest robbery in the history of this country is taking place as you read this. Though no guns are being used, 300 million hostages are being taken. Make no mistake about it: After stealing a half trillion dollars to line the pockets of their war-profiteering backers for the past five years, after lining the pockets of their fellow oilmen to the tune of over a hundred billion dollars in just the last two years, Bush and his cronies -- who must soon vacate the White House -- are looting the U.S. Treasury of every dollar they can grab.

Webmaster's Commentary: 

The last official act of any government is to loot the nation -- The other Michael

Sep 29 09:03

McCotter Floor Speech Opposing Bailout Legislation

Webmaster's Commentary: 

Invoking Andrew Jackson.

Sep 29 08:58

U.S. House begins debate on financial rescue plan

House leaders are pushing for a vote on the legislation by early afternoon, ahead of observance of the Jewish New Year that begins at sundown.

Webmaster's Commentary: 

Why is that a factor?!?!?!?!?!?!?

After all, the Federal Reserve Act was voted through during the Christmas break!!!!!

Sep 29 08:52

The Impending Receivership of the U.S.A.

My, how times have changed? As Bloomberg News reported Tuesday, September 24, 2008,

Eighteen months ago, U.S. Treasury Secretary Henry Paulson told an audience at the Shanghai Futures Exchange that China risked trillions of dollars in lost economic potential unless it freed up its capital markets.

``An open, competitive, and liberalized financial market can effectively allocate scarce resources in a manner that promotes stability and prosperity far better than governmental intervention,'' Paulson said.

Sep 29 08:50

US financial fire fans across global borders

Wall Street's meltdown isn't just America's problem.

Webmaster's Commentary: 

The dark side of globalism.

Sep 29 08:50

U.S. Seals Bailout Deal

Webmaster's Commentary: 

Is it obvious the corporate media wants this thing to happen?

Sep 29 08:43

7.3 quake north of New Zealand

Sep 29 08:41

Santander said to take Bradford & Bingley deposits

Britain' Press Association says Spanish banking giant Santander is taking over British mortgage lender Bradford & Bingley's retail deposits and branch network.

Sep 29 08:40

Trouble in Banktopia

The financial system is blowing up. Don't listen to the experts; just look at the numbers. Last week, according to Reuters, "U.S. banks borrowed a record amount from the Federal Reserve nearly $188 billion a day on average, showing the central bank went to extremes to keep the banking system afloat amid the biggest financial crisis since the Great Depression." The Fed opened the various "auction facilities" to create the appearance that insolvent banks were thriving businesses, but they are not. They're dead; their liabilities exceed their assets.

Webmaster's Commentary: 

It is amazing to hear Pelosi badmouth golden parachutes as they prepare to pass the biggest golden parachute of all!

Sep 29 08:32

HSBC cuts 1,100 investment banking jobs

Global bank HSBC Holdings (HSBA.L) is cutting 1,100 jobs in its investment banking operation, or 4 percent of the unit's total, as it weathers the global financial crisis.

Sep 29 08:31

US general: Taliban can't launch winter campaign

Webmaster's Commentary: 

Yeah, yeah, yeah, and the Vietnamese would never attack us over the Tet holiday, too!

Sep 29 08:21

Obama and McCain Both Flunk Test of Leadership in Nation's Economic Crisis

In Their First Face-to-Face Debate, Both Candidates Repeatedly Ducked Question on Whether They Supported or Opposed Bush Administration's $700 Billion Wall Street Bailout Plan; House to Vote Monday on Compromise Plan That's an Alternative to White House Proposal That Sparked a Massive Taxpayer Revolt

Webmaster's Commentary: 

Even TIME Magazine is saying that the candidate who opposes the bailout stands a greater chance of winning the election.

I loathe McCain, but to say that I am disappointed in Obama is an understatement.

Sep 29 08:19

RBS will get 'billions' in US bail-out of economy

THE ROYAL Bank of Scotland is to be one of the biggest beneficiaries of the planned $700 billion bail-out that comes courtesy of the American tax-payer if the US Congress gives the financial rescue package the go-ahead this weekend.

Webmaster's Commentary: 

How wonderful for them, while Americans sleep in alleys and eat out of trashbins!

Sep 29 08:18

Central banks pump cash into system

Webmaster's Commentary: 

... through the banks.

Sep 29 08:14

Let Risk-Taking Financial Institutions Fail!

The Administration and Congress has felt compelled to do something about the "financial meltdown," so an inefficient and inequitable "bailout plan" has been rushed through the legislature, despite harsh criticism from the right and left. That's unfortunate. Both presidential candidates were stalling by qualifying the plan. Whichever candidate would have had the courage to reject outright this proposal would have the better claim to be President.

Sep 29 08:13

Nouriel Roubini Really, Really Hates the Bailout Plan

His big bones of contention are, like ours:

1. The plan is inefficient (ie, it doesn't discriminate between who ought to be saved or not, and in fact rewards those who created dud assets)

2. It runs counter to the best models of how to deal with this sort of problem

3. It does not punish current shareholders or management

But he uses words we haven't dared to, like "rip-off", "pathetic" and "disgrace". Go Roubini!

Sep 29 08:12


The Israeli Ministry of Propaganda, better known as the Israeli National Security Council’s Counter-Terrorism Bureau, have been working overtime recently dreaming up ‘terrorist’ scenarios aimed at frightening the Israeli people and demonising the Lebanese militias known as Hezbollah.

Sep 29 08:11

VIDEO - Ron Paul risk was shifted to the people from the corportions

The risk has been shifted to the tax payers on these bad assets and if they don't sell for enough then what? And no matter what a bail out (with a continued war) means more inflation.

Sep 29 08:08

Property Taxes: High in Blue States, Low in Red States

Note that 26 of the 30 highest-tax states in the three categories are Blue States that voted for John Kerry in 2004, and that 24 of the 30 lowest-tax states in the three categories are Red States that voted for George Bush in 2004:

Sep 29 08:06


Webmaster's Commentary: 

Okay, okay, so Alaska's lady government looks hotter than Hawaii's lady governor.

I still think Linda would have been a better candidate for VP. So THERE!

Sep 29 07:52

Sometimes a pictures is all it takes...

Sep 29 07:47

Report: Gonzo Told Investigators That Bush Directed Him To Ashcroft’s Hospital Bed

Murray Waas reports on the website of the Atlantic that Alberto Gonzales is now telling investigators that he was being personally directed by President Bush when, as White House counsel, Gonzales made a much-discussed late-night visit in 2004 to the hospital room of then Attorney General John Ashcroft, in order to get Ashcroft to certify that the Bush administration’s warrantless wiretapping program was legal.

Sep 29 07:45

Sounds Like Insider Trading To Me! Rep Kaptur

Webmaster's Commentary: 

It sounds to me from this speech that the "Martial law" declared by Pelosi is indeed a form of dictatorship in the halls of Congress. Kaptur confirms what we heard from other Representatives that the bailout bill is being negotiated behind closed doors and that Representatives and indeed whole committees are being excluded from the process.

Indeed this seems like a repeat of the tactics by which a small minority cursed this nation with the federal reserve back in 1913.

Sep 29 07:40

VIDEO - Cynthia McKinney on 9/11 and COINTELPRO

At a house party in Amherst, NH, Cynthia McKinney responded to questions about the war games that were taking place on 9/11. She also discussed Operation Northwoods, COINTELPRO, and the 9/11 Commission Report.

Sep 29 07:38

The Paulson Plan And The Rise Of The American Oligarch Class

The current $700 billion Paulson bailout plan has brought to the forefront a new class of what must be called American Oligarchs and oligarch wannabes. Some may have originally earned their wealth by supplying consumers with desired goods, but at some point they crossed over to the dark side to use government as a vehicle to take from the poor and the middle class to give to themselves. Others, never produced an honest product and have been career long parasites on the working classes.

Webmaster's Commentary: 

Russia saved their economy by kicking the oligarchs out.

We need to do the same.

Sep 29 07:36

Protests on Wall Street - what the news media isn't showing you

Protests took place on Wall St. to protest the bail out plan - and the mainstream news media didn't even mention it

Webmaster's Commentary: 

Folks, please keep in mind (and share with other blogs) that the executives in control of the mainstream are watching their OWN stock portfolios and the stock options they hold within the media corporations they work for. If the bailout passes; they will get rich(er).

So the media is feeding you ONLY that news that will trick you into agreeing that the bailout is a good thing, even as President Bush admits (just now) that the bailout won't make the economy any better; that it's benefit, if any, will be seen (or not) far in the future.

Talk about snake oil economics!

Sep 29 07:30

Gold and silver dealer reports an ‘unprecedented’ shortage of metals

Webmaster's Commentary: 

People are pulling their money out of the stock market and out of the banks and they are looking for something safe.

I am still into canned foods and shotguns.

Sep 29 07:26

The Real Reason for the Rush?

One of the questions that has come up in connection with this week's scramble to pass a $700 billion bailout package for the beleaguered financial sector is: Why the rush? Why not take some time to fully explore the risks, discuss the financial, economic and political ramifications, and figure out ways to minimize the cost to taxpayers?

Sep 29 07:18

Jewish Lobby Vetoes Candidate Over 9-11 Views

You're an "anti-Semite" if you remark that the "Jews" control the world. So please ignore the fact that the Canadian Jewish Congress had a candidate removed by her party Friday for a 2003 article suggesting Israel had foreknowledge of 9-11.

Sep 29 07:16

GUESS What these people are laughing at..The Joke is on US!


Pelosi looks like she is having an orgasm from screwing the American taxpayers!

Sep 29 07:15

CIA ‘backed’ Irish battle against Brussels treaty

FIRST it was the sheer ingratitude of the Irish, then it was the failure of the Dublin government to mount a successful yes campaign. Now Brussels has found a new explanation as to why Ireland voted down the European Union treaty in June - a CIA and Pentagon-backed plot, devised by American neoconservatives to weaken the EU.

The European parliament wants an inquiry into whether Declan Ganley, the multi-millionaire chairman of the Libertas group that campaigned against the treaty, could be in the pockets of US defence and intelligence services.

Sep 29 07:13

Kucinich: Bailout 'Driven by Fear Not Fact'

Ohio congressman Dennis Kucinich suggested the $700 billion bailout package was sending America towards 'casino socialism, where the only real product is debt'. (Sept. 28)

Webmaster's Commentary: 

As the DOW plunges this morning, even MSNBC is admitting that if passed, the bailout will not improve the lives of ordinary Americans. It's a giveaway to the Wall Street Casinos.

Sep 29 07:10

The Blackmailing of a Nation...

“I have been thrown out of more meetings in this capital in the last 24 hours than I ever thought possible, as a duly elected representative of 825,000 citizens of north Texas.” Said Congressman Burgess.

Burgess asks the Speaker of the House to post the bailout bill on the internet for at least 24 hours instead of passing the largest piece of legislation in US financial history in the “dark of night.”

The most frightening part of Rep. Burgess’ one-minute floor speech is when he says, “Mr. Speaker I understand we are under Martial Law as declared by the speaker last night."

Webmaster's Commentary: 

"Martial Law" is ( or so I am told) a different thing in Congress than in the streets. The claim is that it means a bill is moved forward without votes. However I am not sure that this is entirely correct, both because of the inappropriateness of the phrase to that definition, and mostly because duly authorized legislators opposed to the bailout ARE being excluded from meetings.

Sep 29 07:07

Brigade homeland tours start Oct. 1

Beginning Oct. 1 for 12 months, the 1st BCT will be under the day-to-day control of U.S. Army North, the Army service component of Northern Command, as an on-call federal response force for natural or manmade emergencies and disasters, including terrorist attacks.

Webmaster's Commentary: 

Then why are they training for riot control with non-lethal weaponry?

Sep 29 07:04


Webmaster's Commentary: 

Bailout in death throes.
British banks get bailout.
Citi moves to buy Wachovia with FDIC assuring deposits insured.

Sep 29 06:24

Financial Bailout will Lead to Demise of the Dollar as Hyperinflation Saps Savings

This is what happens when you're a debtor nation. You give up control and power to those who own your debt. As the U.S. claimed to be "fighting for freedom" in Iraq and the Middle East, it was actually imprisoning its own citizens in a matrix of never-ending debt, handing over the keys of control to China, Japan and Middle Eastern nations who now decide the fate of this country.

Sep 29 00:15

The End of Voodoo Economics

As the all-too-often selectively quoted Adam Smith actually said: "All for ourselves, and nothing for other people, seems, in every age of the world, to have been the vile maxim of the masters of mankind."

September 28, 2008

Sep 28 23:30


You are being asked to pass a $700 billion “bailout” or “rescue” package and are told by your leadership that it is “necessary” to prevent a catastrophe in the financial markets and, by extension, on Main Street.

Please think carefully about the following facts before you vote: ·

Sep 28 23:20

Treasuries Are Dead Money With Yields Below Inflation

``It's like the Mark Twain quote, `I am more concerned with the return of my money than the return on my money,''' said James Evans, a senior vice president at New York-based Brown Brothers Harriman & Co. who helps oversee $15 billion in fixed-income assets.