In his latest post on his blog at The Smirking Chimp, Mike Whitney paints a very dark picture ahead for the U.S.:
“One bank to rule them all;
One bank to bind them…”
These are dark times. While you were sleeping the cockroaches were busy about their work, rummaging through the US Constitution, and putting the finishing touches on a scheme to assert absolute power over the nation’s financial markets and the country’s economic future. Industry representative Henry Paulson has submitted legislation to congress that will finally end the pretense that Bush controls anything more than reading the lines from a 4′ by 6′ teleprompter situated just inches from his lifeless pupils. Paulson is in charge now, and the coronation is set for sometime early next week. He rose to power in a stealthily-executed Bankster’s Coup in which he, and his coterie of dodgy friends, declared martial law on the US economy while elevating himself to supreme leader.
“All Hail Caesar!” The days of the republic are over.
Section 8 of the proposed legislation says it all:
“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.”
Right; “non-reviewable” supremacy.
[…]
Read the remainder of this post here.
Mike Whitney: Mushroom Cloud over Wall Street
September 23, 2008In his latest post on his blog at The Smirking Chimp, Mike Whitney paints a very dark picture ahead for the U.S.:
Read the remainder of this post here.
Leave a Comment » | economics/recession/markets, George Bush/Bush Administration/American Empire, News and Commentary, News/Commentary/Opinion, USA | Tagged: absolute power, bank fraud, Bankster's Coup, deregulation, George Bush/Bush Administration, Henry Paulson/US Treasury Secretary, Mike Whitney's Blog/The Smirking Chimp, Paulson's economic bailout, Section 8 of bailout legislation, US banking institutions, US banking system, US economic crisis/recession/depression, US financial crisis, US financial markets, US taxpayers, Wall Street and Washington, Wall Street banksters, Wall Street corporate criminals | Permalink
Posted by verbena19