The power elite is in a big hurry. They want this bailout of the super rich to be enacted quickly before the champions of the taxpayers and the working class have time to read the bills and expose the Fed's coup d'etat.
Can anyone name a major piece of legislation enacted in a panic that turned out good?
I say slow down and let Ron Paul, Lew Rockwell and company get the truth out there.
Maybe we can still stop the greatest heist in history.
Then from Lew Rockwell 07:02 AM
Writes Felix Moreno: "I'm amazed that absolutely no-one in the media points out how much Goldman Sachs is going to get from the taxpayers via their old CEO, Henry Paulson."Goldman Sachs was on the top list of corporate contributors to many of the Presidential candidates in the primary, including Hillary. Now we find that Paulson was their CEO. Will Goldman Sachs be treated like Lehman, and allowed to fail, or be 'saved' by the US taxpayers assuming all their bad debt?
Then posts James Ostrowski at 07:57 AM
Only seven percent (7%) of voters think the federal government should use taxpayer funds to keep a large financial institution solvent. Sixty-five percent (65%) say let the company file for bankruptcy.
These numbers are generally the same across Republicans, Democrats and unaffiliated voters.
Along comes Christopher Manion responding to James above at 08:57 AM with
Paulson and Co. understand the nature of the “emergency”: if too many Americans pry into the text of the "emergency" legislation, they will find this at Article VIII:
"Decisions by the Secretary 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."
...
Now, when American taxpayers see Article VIII, they might recognize that it effectively grants “The Secretary” dictatorial powers without revelation to, or review by, any Constitutional authority (including "We the People," natch).
Of course, Article VIII is unconstitutional. But do you think the Supreme Court will want to interfere with the "rescue of our financial system," when we’re only one Justice away from overturning Roe v. Wade (By Golly!)?
Resolved: “The Secretary” must be unimpeded by the hoi polloi as he goes about “saving the financial system” and burying our constitutional republic,
Therefore, be it resolved that, in order to prevent any unpleasant actions on the part of the masses that might impede “The Secretary” in his messianic mission, the neocons now present a new distraction for us, guaranteed to take the pressure off the useful idiot. Aren't we at war with Eurasia? (Or is it Eastasia)?
Wait! Right Now! Look! Forget “The Secretary”! Forget the “Constitution”! The Wall Street Journal, as part of its effort to foist Paulson's Folly on the rest of the country, uses its once-powerful editorial page to sound the alarm: Be afraid, be very afraid -- why, "Everyone Needs to Worry About Iran"!
Does anyone wonder why I read LewRockwell.com? In approximately 2 hours, I learned what Paulson, Congress and the Administration were up to and why it shouldn't happen.
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