Blagojevich, a Democrat, yesterday said the biggest U.S. retail bank won’t get any more state business unless it restores credit to Republic Windows & Doors, whose workers are staging a sit-in. John Douglas, an attorney with Paul Hastings Janofsky & Walker in Atlanta, said Blagojevich and Senator Christopher Dodd — who called on General Motors Corp. to fire Chief Executive Rick Wagoner — can’t tell companies how to run their business.
“This is a very dangerous thing,” said Douglas, who was at the FDIC from 1987 to 1989 and has since represented financial institutions including Bank of America. “There becomes an expectation that these government officials have some say over what the institution does,” he said in an interview.
Has Bush and friends told the banks to stop lending to everyone credit cards, home loans, car loans etc.
Is Bush trying to kill our economy?
Between these two scenes is the story of a coup that unfolded in slow motion for virtually three years. The United States was still embroiled in Vietnam. Nixon’s policy for the whole of Latin America was one word short of “war on terror”: “to prevent another Cuba”. Nixon simply could not tolerate “that bastard Allende” (in his own words). Chile had the largest copper reserves in the world. Allende was about to nationalize Chilean copper – thus sabotaging the monstrous US corporate profits of Anaconda Copper Mining Co and Kennecott Copper Co, which had been bleeding the country for decades.
The CIA, apart from non-stop sabotage, financed strategic strikes – doctors, bank clerks, a very long truck drivers’ strike. Conservative newspapers conducted a non-stop vicious disinformation campaign. There were coup rehearsals. And political chaos compounded economic chaos: the Christian Democrats – the centrists – ended up joining the right and the extreme right against Allende.
My Bold The GOP loves Nixon I think they have taken a page from his playbook.
We just gave the banks a $700 billion dollar bailout now then just what are they doing with the money?
I think they are just buying other banks and holding back credit to kill the economy.
To bad Blago has found a way to hurt them other states must follow suit.
We have cars piling up at the ports because nobody can get a loan, factories are closing because they can’t get credit.
Time for Obama to show Bush the Chicago Way!
You put one of us in the hospital we put one of you in the morgue.
You pull a knife we pull a gun.
Blago just might have found a way to get reelected.





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Link for first article http://www.bloomberg.com/apps/…..refer=home
Link for the second one http://www.atimes.com/atimes/F…..2Aa01.html
Sorry the first two links don’t work trying this again
http://www.bloomberg.com/apps/…..refer=home
http://www.atimes.com/atimes/F…..2Aa01.html
The links at comment 3 work:)
How is your frustration level..high, perhaps? I think that I was the worst ever when it came to taking more that one try at doing links. The 404/page/object/ not found nightmare.
Are you using the chain link etc. method? Suzanne took pity on me and suggested that I try cut and paste. It took two months or so for me to get shown what that means. I regret not asking her if she could explain that to me. Made the assumption that I would not understand because I don’t know what most words in regards to computer use mean. A major mistake on my part, that was.
If you are not using cut and paste to do your links..try it. If you don’t know what I mean..I will check here later and tell you how to do it.
This is what happens when doctrinaires run things.
We’ve injected way more money into our banks than the Brits have injected into theirs. The British government took voting shares in exchange for their bailout monies, and seem to have made it clear that they will exercise the voting rights.
We took non-voting preferred stock and warrants that might pay off. We can’t tell the banks to do shit, because we don’t have any say in how they are conducting their bidness. So, it’s every bank out for itself, asking what the best way to spend this windfall is. And as usual, they only look to the short-term, not the long term. It is manifestly not in the bank’s long-term interest for the US economy to fail, or even stumble significantly. But it doesn’t matter in the short-term. So, we’ll buy other banks and stuff for ourselves.
Cut and paste won’t work for some reason I’ve been hitting link and typing it has worked before at first.
Your assuming greed as motivation I am assuming an order to take down the economy I’m not sure who is right.
I agree England is doing this much better than we are.
Things,
Did you see this editorial in today’s Financial Times? It promotes one world government and says the time is right.
Global Government hmmm the GOP will filibuster anything like that unless the economy goes down so much that they are forced too, Necessity is the Mother of Invention for a reason.
The People in charge got to be in charge because of the current situation. The people in charge have to think that Staying the Course will mean ruin.
We are not their yet.
I’m unsure on this issue lets see some proposals. I am for universal accounting standards as long as they involve more transparency.
But don’t forget, “New world order” was a GHWB meme.
i think we really need to ask of these repubs that are against this why were they not against tax money building those buildings in the south for foreign car dealers and if we wind up with over 3 million people out on the street because of them we need to wonder why are we getting rid of all the manufacturing in this country and what cut of that money that is going to different countries over seas what cut are they getting because something smells and i think people who live in those states need to think about the other people in this country because eventually if everyone loes their job but them who is going to buy their product i would not buy a foreign car anymore
i have been saying for a long time that itlooks like bush is trying to ruin this country into the ground and if you look at some of those southern senators and congresspeople they are not worried about what goes on in the rest of the country only their states it is time people really need to take control and think about what is going on with their lawmakers because regardless of whether they can make foreign cars in their state if everyone else is out of work whos buying and if they do buy where does the money go to “foreign countries” so we need to start thinking for ourselves and watch what we buy and think about where the money is going
Very well said these Southern Politicians seem to care more about keeping power than money. After all Bush has been horrible for the economy. Yet rather than help the economy and themselves they shriek about poor people getting their money.
Things,
You asked if Bush might be trying to to sink the economy and I posted a link to a proposal for One World Government. I’m not sure if you thought this might be a good solution. My point in posting it was to support your theory that the economy is being brought down intentionally by bankers (and Bush) hellbent stealing sovereignty from every country.
Necessity wasn’t the mother of this One World Government idea, it was power lust, many years ago. It’s a very bad idea, and their goal is probably to create the conditions so that we end up begging for our own enslavement.
I’ll send you some scary quotes from top dogs like David Rockefeller regarding the subject.
Bill, I have read much of which you speak. IMO, it appears that Bush and his enablers are definitely driving us toward that New World Economic Order. How are we to even pay the interest on our already massive national debt; and billions added weekly as our industries tank and job lay-offs at historical highs. [But by all means, save the financiers!]
In Greg Palast’s book, The Best Democracy Money Can Buy, pages 152-158, in the chapter entitled: The Globalizer Who Came In From the Cold [Joseph Stiglitz]: The IMF’s Four Steps to Economic Damnation, Palast writes of his interviews with Stiglitz, former president of the World Bank.
“In 1999 The World Bank fired Stiglitz for having expressed his first mild dissent from globalization World Bank Style.” Page 153 states that “…US Treasury Secretary LARRY SUMMERS reportedly demanded a public excommunication of Stiglitz for that one dissent.
Now that same LARRY SUMMERS is to be in Obama’s cabinet. IMO, Obama would have done better to have appointed Stiglitz, not Summers.
Bill, if you can wrap what you have learned into a diary, I for one would appreciate reading it. Thanks for your comment.
DUGG, commented there, and recommended above. Great diary, TCU, on a subject which needs the spotlight.
Acquarious,
I’ll hold off on the diary for now, and post a couple things here. Interesting anecdote about Summers. We also have a Paulson deputy lined up to take over at Treasury. Madness.
I re-watched a documentary about Bill Clinton’s ties to the Bush/North cocaine trade based in Mena Arkansas last week.
Just as Clinton was running for President, a lot of buzz in the Arkansas (and increasingly in the national) press threatened to derail Clinton’s candidacy. Strobe Talbott was contributing editor at Time magazine when Time ran a smear piece against the Ark. state prosecutor who’s investigation into Mena was effectively shut down by Clinton.
I researched Talbott and found that he was Skull and Bones, the roommate of Bill Clinton at Oxford while they were Rhodes Scholars (a program set up for the express purpose of advancing the goal of One World Government by Cecil Rhodes), and Talbott has also bluntly supported one world government:
“Here is one optimist’s reason for believing unity will prevail … within the next hundred years … nationhood as we know it will be obsolete; all states will recognize a single, global authority. A phrase briefly fashionable in the mid-20th century — ‘citizen of the world’ — will have assumed real meaning by the end of the 21st. All countries are basically social arrangements, accommodations to changing circumstances. No matter how permanent and even sacred they may seem at any one time, in fact they are all artificial and temporary.”-Strobe Talbott (Time, July 20, 1992)
Why is this a problem now? Aparently Talbott is one of Obama’s advisers on international affairs, and he remains very close with the Clintons. One more thing to keep an eye on.
Some more One World Goverment quotes:
“We are grateful to the Washington Post, The New York Times, Time Magazine and other great publications whose directors have attended our meetings and respected their promises of discretion for almost forty years. It would have been impossible for us to develop our plan for the world if we had been subjected to the lights of publicity during those years. But, the world is now more sophisticated and prepared to march towards a world government. The supranational sovereignty of an intellectual elite and world bankers is surely preferable to the national auto-determination practiced in past centuries.”
David Rockefeller Baden-Baden, Germany 1991
“…all of us here at the policy-making level have had experience with directives…from the White House…. The substance of them is that we shall use our grant-making power so as to alter our life in the United States that we can be comfortably merged with the Soviet Union.”
H. Rowan Gaither, Jr., President – Ford Foundation
(as told to Norman Dodd, Congressional Reese Commission 1954)
“We are not going to achieve a new world order without paying for it in blood as well as in words and money.” Arthur Schlesinger, Jr., in Foreign Affairs (July/August 1995)
“Today, America would be outraged if U.N. troops entered Los Angeles to restore order [referring to the 1991 LA Riot]. Tomorrow they will be grateful! This is especially true if they were told that there were an outside threat from beyond [i.e., an “extraterrestrial” invasion], whether real or *promulgated* [emphasis mine], that threatened our very existence. It is then that all peoples of the world will plead to deliver them from this evil. The one thing every man fears is the unknown. When presented with this *scenario*, individual rights will be willingly relinquished for the guarantee of their well-being granted to them by the World Government.” Dr. Henry Kissinger, Bilderberger Conference, Evians, France, 1991
“We shall have world government whether or not you like it, by conquest or consent.” Statement by Council on Foreign Relations (CFR) member James Warburg to The Senate Foreign Relations Committee on February 17th, l950
Lastly, people should watch Alex Jones’ Endgame
Even if you don’t like his style and the first 5 minutes seems hysterical. It’s full of useful information and documents the history of this movement.