Obama’s Financial Reform Proposal: A Stealth Scheme for Global Monetary Control

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Stephen Lendman
Global Research
June 23, 2009

When politicians plan reform, it’s wise to be skeptical and hold on to your wallets. So fixing the economy by bailing out Wall Street is wrecking it, and Obama’s proposed health care reform taxes more, provides less, places profits above human need, avoids the most vital solutions, and leaves a broken system in place.




	Instead of Real Financial Reform, Obama’s Plan capitulates to Wall Street.

Now there’s “Financial Regulatory Reform, A New Foundation: Rebuilding Financial Supervision and Regulation” – announced June 17 with Obama saying he’ll send Congress a plan to create new government agencies, give the private banking cartel Federal Reserve more power, and address five major problems needing regulatory and legislative measures to fix.

Addressing business executives in the White House East Room, he said:

“A culture of irresponsibility took root from Wall Street to Washington to Main Street” with no mention that months of it worsened on his watch. “A regulatory regime basically crafted in the wake of a 20th century economic crisis – the Great Depression – was overwhelmed by the speed, scope and sophistication of a 21st century global economy.” In fact, 30 years of deregulation since the late 1970s, not technology, caused speculative excesses, market bubbles, and inevitable collapses that always follow.

Of course, these problems are endemic under a system that’s crisis-prone, unstable, anarchic, ungovernable, and self-destructive through repeated cycles of booms creating bubbles, then busts, followed by recessions or depressions with today’s collapse grave enough for Michel Chossudovky to call it “far more serious than the Great Depression (because all) major sectors of the global economy are affected.”

Proposed Financial Reforms

An 89-page Treasury Department pdf is available online for those inclined to read it. Along with an introduction and summary of recommendations, its five major objectives are to:

I. “Promote Robust Supervision and Regulation of Financial Markets

II. Establish Comprehensive Regulation of Financial Markets

III. Protect Consumers and Investors from Financial Abuse

IV. Provide the Government with the Tools it Needs to Manage Financial Crises (and)

V. Raise International Regulatory Standards and Improve International Cooperation”

The introduction cites “the most severe financial crisis since the Great Depression,” admits that its “roots….go back decades (and states that) the government could have done more to prevent many of” them. Proposed reforms include:

– a new regulatory “Financial Services Oversight Council;”

– more power to the Fed over “all firms that could pose a threat to financial stability, even those that do not own banks” such as insurance companies;

– stronger capital standards for all financial firms;

– a new “National Bank Supervisor” over all federally chartered banks;

– registering hedge fund advisors;

– new regulation of securitization and derivatives markets;

– increased market transparency and the effectiveness of credit ratings agencies;

– originators of loans packaged into securities to retain some of the credit risk;

– broker and loan originator compensation changes away from income up front to spreading it out over time and making it dependent on the performance of loans they make;

– a new “Consumer Financial Protection Agency” to safeguard them from potentially harmful complex financial products, including securities, mortgages and credit cards;

– “stronger regulations to improve the transparency, fairness, and appropriateness of consumer and investor products and services;”

– new ways to “resolve nonbank financial institutions whose failure could have serious systemic effects;”

– changing the Fed’s “emergency lending authority to improve accountability;”

– establishing “wind down” authority to take over large financial firms like AIG, Fannie and Freddie; and

– international reforms, including greater oversight of global financial markets and more control through a process whereby G-20 countries cooperate in regulating transnational companies. This looks like the most insidious, outlandish, and dangerous provision. More on it below and its likely importance.

The report suggests other proposals may follow and that “More can and should be done in the future.” So what to make of it all given that it’s still a plan, congressional and other critics are attacking some of its provisions, whatever emerges is still a ways off, and large banks, insurers and other influential financial firms have final say on new laws and regulations affecting them, so likely changes coming may further taint an already deeply corrupted system.

America has a legacy of failed public agencies as well as regulatory and legislative reform – for lack of teeth, oversight, and most important because financial and other industries end up self-regulating, consolidating, and growing more powerful at the expense of the public interest. Giving the Federal Reserve more power lets banking giants make their own rules, decide how and whether to enforce them, and thus mainly operate as they wish because no one in Washington dares challenge them.

A d v e r t i s e m e n t

Michael Hudson agrees in his new article titled: “Instead of Real Financial Reform, Obama’s Plan capitulates to Wall Street.” He explains that supposed reforms promote “Wall Street’s ‘product,’ debt creation, at the expense of the economy at large, and lets financial chieftains continue to self-regulate the debt industry – and by the way, to keep all their gains from the past decade’s worth of fraudulent lending, scot-free….(He) achieved what no Republican could have: rescuing the Bush administration’s pro-creditor policies that fostered the Bubble Economy in the first place.”

The plan is laden with a “false diagnosis” and “fatal flaws,” so clearly what’s proposed are “wrong-headed cures (but hardly) by accident.” If it’s largely accepted as is, Wall Street will get precisely what it wants – a veneer of regulatory cover to keep wrecking the economy and stealing the public blind.

Simon Johnson is also critical. He’s a former IMF chief economist, now teaching at MIT’s Sloan School of Management. After reviewing Obama’s plan, he expressed great skepticism. Even though large banks and other financial institutions caused the global crisis, no wrongdoing on their part is cited nor are punitive measures proposed. He states:

“There appears to be no mention that corporate governance within these large banks failed totally. How on earth can you expect these banks to operate in a responsible manner unless and until you address the reckless manner in which they (a) compensate themselves, (b) destroy shareholder value, and (c) treat boards of directors as toothless wonders? The profound silence on this point from the administration – including some of our finest economic, financial, and legal thinkers – is breathtaking….”

“Based on what we see so far, there is little reason to be encouraged. The reform process appears to have been captured at any early stage – by design the lobbyists were let into the executive branch’s (planning process), so we don’t even get to have a transparent debate or to hear specious arguments about why we really need big banks.”

Johnson (like Hudson) added that financial giants are pleased with Obama’s plan, and why not. They or their lobbyists wrote it. On June 16, even The New York Times suggested it in Stephen Labaton’s article headlined: “Obama Sought a Range of Views on Finance Rules.” Over several weeks, “executives from an array of industries caught up in the financial crisis came to Washington….to make their case for how the new regulatory landscape should look. They came from big banks and small ones, insurance companies, stock exchanges, hedge funds and mutual funds” as well as consumer groups and labor for appearance sake only.

“Now lobbyists….will head to Congress to try to influence the final product” with no doubt they will so once again consumer interests will be shortchanged – perhaps globally given events reported earlier this year and discussed below.

Steps Toward Global Money and Banking Control

In her April 18, 2009 article titled “The Tower of Basel: Do We Really Want the Bank for International Settlements Issuing Our Global Currency,” Ellen Brown quoted Ambrose Evans-Pritchard in the London Telegraph (April 7) saying:

On April 2, “A single clause in Point 19 of the communique issued by the G-20 leaders amounts to a revolution in the global financial order.”

“We have agreed to support a general SDR allocation which will inject $250 (billion) into the world economy and increase global liquidity…SDRs are Special Drawing Rights, a synthetic paper currency issued by the International Monetary Fund that has lain dormant for half a century.”

“In effect, the G-20 leaders have activated the IMF’s power to create money and begin global ‘quantitative easing.’ In doing so, they are putting a de facto world currency into play. It is outside the control of any sovereign body.”

Brown agrees and highlighted the article’s subtitle: “The world is a step closer to a global currency, backed by a global central bank, running monetary policy for all humanity.” What might it be, she asked? The Bank of International Settlements (BIS) – the secretive 55-member nation, central bank of central bankers. Based in Basel, Switzerland, it’s run by the monetary authorities of six dominant nations – America, Germany, Switzerland, Italy, Japan and Britain.

Objective V in Obama’s financial reform plan addresses “Rais(ing) International Standards and Improving International Cooperation” by promoting global control in a single paragraph:

“The United States is playing a strong leadership role in efforts to coordinate international policy through the G-20, the Financial Stability Board, and the Basel Committee on Banking Supervision. We will use our leadership position in the international community to promote (an) initiative compatible with the domestic regulatory reforms described in this report.”

Near the end of the plan, it recommends “Strengthen(ing) the Financial Stability Board….complet(ing) its restructuring and institutionaliz(ing) its new mandate to promote global financial stability by September 2009.” It also urges “work(ing) with the Bank for International Settlements (BIS) and standard setters to develop macroprudential tools” with Obama asking other nations to follow America’s lead.

What is the FSB, and why is it important?

The Financial Stability Forum (FSF) Becomes the Financial Stability Board (FSB)

Founded at a Bonn, Germany meeting in 1999 when Bundesbank president, Hans Tietmeyer, recommend it to G-7 finance ministers and central bank governors, the FSF consists of central bankers and finance ministers of about a dozen key nations working together for their mutual self-interest.

A decade later at the G-20’s April 2 London Summit, these nations agreed to let a new Financial Stability Board (FSB) regulate their economies henceforth as stated in a concluding communique:

“In particular we agree:

– to establish a new Financial Stability Board (FSB) with a strengthened mandate, as a successor to the Financial Stability Forum (FSF), including all G-20 countries, FSF members, Spain, and the European Commission;

– that the FSB should collaborate with the IMF to provide early warning of macroeconomic and financial risks and the actions needed to address them; (and)

– to extend regulation and oversight to all systemically important financial institutions, instruments and markets.”

The G-20’s same day’s press release headlined: “Financial Stability Forum re-established as the Financial Stability Board (with an) expanded membership (and) a broadened mandate to promote financial stability.”

It “consists of a Chairperson, a Steering Committee, the Plenary with member countries, SSBs (standard setting bodies) and international financial institutions, and a Secretariat. The Chair oversees the Steering Committee, the Plenary and the Secretariat. The FSB Plenary is the decision making organ of the FSB.” It has a “full-time Secretary General and an enlarged Secretariat based in Basel (to) support the FSB.” Membership also obligates countries to “implement international financial standards (including 12 International Standards and Codes)….” with no elaboration about them except in broad terms left for outsiders to imagine what’s meant.

Plenary members include G-20 nations, Spain and the European Commission – represented by their central bankers, immediate deputies, heads of their main regulatory agency, deputy finance ministers, SSB chairs, central bank committees, and representatives of the IMF, World Bank, BIS and OECD – together the world’s monetary movers and shakers.

The FSB appears to be a step closer toward global monetary control under the direction of the G-7 dominated BIS, IMF and other international lending agencies. Given its inclusion in Obama’s financial reform proposal makes the entire package suspect and perhaps just cover for the above-outlined sinister scheme – as well as letting Wall Street be self-regulating.

In her June 21 article titled “Big Brother in Basel: Have We Traded Our National Sovereignty for Financial Stability,” Ellen Brown cites Internet rumors “that the new agency benignly called the Financial Stability Board (FSB) is the latest sinister development in the covert consolidation of global financial power in a few private hands,” – namely dominant G-7 central bankers controlling the BIS, IMF, and other international lending agencies.

So far, there’s still time to prevent it provided enough concerned people know the danger, spread the word to others, and urge them to pass it on. Otherwise, holding on to your wallets won’t matter because everything in them will be emptied the result of (banker-controlled) regulatory bodies pulling off the greatest ever financial heist – a global coup d’etat. The time to stop it is now and expose Obama as a frontman for grand theft and power.

Comment Rules

85 Responses to “Obama’s Financial Reform Proposal: A Stealth Scheme for Global Monetary Control”

Rush to War Says:
June 23rd, 2009 at 11:05 am
Every one go viral about a Gov missing, MSM makes a big deal about WHAT because we havn’t seen the MF big news item, I havn’t seen my Gov since I moved to sin city. Really guys this is just a distrattion, again same BS, find a story and spent 4 hours a day talking about nothing, Now back to story about the student who blew a kiss at graduation.

Social Viability Reply:
June 23rd, 2009 at 3:51 pm
I. “Promote Robust Supervision and Regulation of Financial Markets”

The more ill-conceived and illegitimate a system is, the more supervision and regulation it needs.

Western financial systems are a travesty of good commerce and common sense. The financial systems are rigged up to rob the productive and are based on a currency system that has even forgotten what currency actually is!

Your government works for your enemy.

Don’t fight the system:
Replace it
http://socialviability.com/

Pedro Gonzales Reply:
June 24th, 2009 at 10:21 am
“NWO” NO BUENO….. MUCHO CA CA

MAD DOG Reply:
June 23rd, 2009 at 5:31 pm
WHAT ABOUT FRAUD, FOR TAKING A SCOLARSHIP AS A FOREIGNER ?

vueflix Reply:
June 23rd, 2009 at 8:38 pm
Alert, Inform, Educate, Act!
join the Activist Media
dWaRf mApLe Says:
June 23rd, 2009 at 11:07 am
http://911essentials.com says … Just say NO to the big O.

911essentials is a primer portal introduction to the New World Order Corporate Banking Police State, its plans for one world government and their worship of the fake science Eugenics.
RobTheBankers Says:
June 23rd, 2009 at 11:18 am
“No individual can save a nation. If a nation is sleepwalking and doesn’t wake up, then it will never be saved.” -Cornel West

Unite.

Neo Reply:
June 23rd, 2009 at 2:26 pm
BullSh** the Antichrist will save us….

St. Michael Reply:
June 23rd, 2009 at 5:20 pm
Hahahahahahahaha oh I almost shat myself with that one!
Geoph Says:
June 23rd, 2009 at 11:34 am
Govt owned businesses both large and small.
Here it comes, now the crap is really going to hit the fan.
Just when we thought it was bad our gov (as usual) will make it worse.

ME.

Breathing Easy Reply:
June 23rd, 2009 at 1:57 pm
The only jobs now being created are Government jobs. Both massive new federal government hirees and states. These jobs are given to the politically correct. Not on merit.
There are no new “private sector” jobs being created. Thus there will be no recovery. And more people will be forced to submit to government control of their lives.
EU-Lex Says:
June 23rd, 2009 at 11:46 am
Why don’t they just set the Earth on fire?! Like they tried before.
Learnedthehardway2000l Says:
June 23rd, 2009 at 12:06 pm
The hidden elite rulers are about to loot the world some more!

Highlanderess Reply:
June 23rd, 2009 at 12:27 pm
Got that right. Should we just bend over now?

Gary Reply:
June 23rd, 2009 at 3:31 pm
When do they hand out the K-Y jelly?

St. Michael Reply:
June 23rd, 2009 at 5:20 pm
No… they will charge you for the KY…
Dloolkie Says:
June 23rd, 2009 at 12:09 pm
Kooks: You need to chill out! Alex E merick D Kookville is the biggest con artist in the world!

r Reply:
June 23rd, 2009 at 2:05 pm
By calling me a kook I have finally seen the error in my ways. Many thanks to you random internet person.

Gary Reply:
June 23rd, 2009 at 3:34 pm
While there is some truth to that, one can’t deny that the information presented here is largely true or coming true. Don’t get me wrong; I believe Alex Jones is a disinfo agent, but, I also believe most of what he says is true – because it’s being fed to him by the people responsible for all this, either directly or indirectly.

THX Reply:
June 23rd, 2009 at 4:28 pm
I can understand your paranoia but some things actually are what they are believe it or not…I don’t think Alex Jones is a “disinfo agent” I believe he is the opposite and should be one we can take at face value… I’m very skeptical about everything my self but my intuition tells me Alex is the real deal… I keep a open mind tho so I know I could be wrong…we could all be wrong about everything we think… That’s just the nature of the beast we call life!

"ren Reply:
June 23rd, 2009 at 5:15 pm
i agree, THX, i come to this sight to get info on what could be. when my research via the net is complete, i crap my drawers, get a drink and calm my mind. then i start thinking of ways i can react to this information.

jim cunningham Reply:
June 23rd, 2009 at 6:02 pm
after nearly 2 years of researching independently i started listening to Alex’s show only to have him voice what i had found on my own. i personally believe he’s the real deal, so to speak.

mercyflush Reply:
June 24th, 2009 at 2:24 am
No doubt you can tell us how to ‘chill out’, oh mighty random internet person…
Caitlyn Says:
June 23rd, 2009 at 12:10 pm
Si! Es muy verdad, mi amigo!
Rachael Says:
June 23rd, 2009 at 12:15 pm
Anybody else notice how this is going on while the media is predominately focused on Iran and N. Korea? It’s interesting, in that disturbing kind of way.

Highlanderess Reply:
June 23rd, 2009 at 12:30 pm
They always keep us detered from what’s really going on by keeping us busy looking at something else. That’s their M.O.

shrinkrat Reply:
June 24th, 2009 at 10:54 am
The main stream media wouldn’t look at this in any case. They haven’t looked at any significant in a long long time .. except to provide disinfo or sensationalism.
I HATE EVIL Says:
June 23rd, 2009 at 12:27 pm
I don’t want to sound negative, but I think all the resisting everyone is doing is 99.9% futile. I am doing my part educating friends and family. Trying to bring this global situation to the forefront. But I am starting to believe that the NWO and all its arms are getting off knowing that with all our might, they are still in charge and screwing us royally. We must fight. We must educate. But those bastards are enjoying their power even more knowing it will be close to impossible to stop it. We all need to work harder. We all need to pray for God’s forgiveness. Don’t let the NWO mark your hand or your head. God Bless you all and keep fighting.
A.J. Vidz Says:
June 23rd, 2009 at 12:41 pm
HERE: Stream and Download ALL the best interviews and rants from the Alex Jones Show Archives:

http://alex-jones-archives.politicsfiles.info/

TODAY:
- Texas Sen. John Whitmire:Criminal Asset Forfeiture !!
- Kim Jong il & Nwo Playing Good Cop Bad Cop
- Fog of War
- Anti-NWO and Gun Rights Activists are Terrorists

Backup your favorite episodes, don’t miss any!
JJ Says:
June 23rd, 2009 at 12:41 pm
DEFEAT S 787!!!!!!

Property owners beware, this bill is nothing more than a glorified federal “land grab”.
The Clean Water Act’s 37 years of federal abuse caused by confusion and uncertainty was clarified in U.S. Supreme Court cases the Solid Waste Agency of Northern Cook County v. U.S. Army Corps of Engineers (2001) and Rapanos v. U.S. (2006). Both of these cases succeeded in preventing further abuse by limiting the previously broad definition of that will federal government even more power and more reasons to take taxpayers land.

One of the co-sponsors is Sen. Barbara Boxer of California, who chairs the Senate Committee on Environment & Public Works, the committee with sole jurisdiction of the bill in the Senate.
Senate Environment & Public Works Committee Expected to Act Soon on Clean Water Restoration Act (S. 787).
Committee Chair Barbara Boxer considering Action Without a Hearing!

1. Contact both your Senators and tell them to oppose S. 787.
epw.senate.gov/public/index.cfm?FuseAction=Members.Home
2. Insist that they request that EPW Chair Barbara Boxer hold a hearing (ask that the request be put in writing and that a copy be sent to you).
3. Contact your legislator and local elected officials and ask them to make a similar request. Ask that the elected body that they serve on pass a resolution immediately.
4. Forward this message.

“Background Information on S. 787″ posted by matt dempsey
http://epw.senate.gov/public/i.....21cb0e2b31

STATUS:
www(com)govtrack.us/congress/bill.xpd?bill=s111-787
JJ Says:
June 23rd, 2009 at 12:44 pm
##Ask Congress to Defeat ‘HR 2749′ [Totalitarian Control of the Food Supply]##

SIGN HERE:
http://www.ftcldf.org/petitions/pnum993.php

(Or call the Capitol Switchboard at: 202-224-3121)
al Says:
June 23rd, 2009 at 1:23 pm
Obama is a con man and a very dangerous “charismatic leader” – just like JIM JONES of PEOPLES TEMPLE infamy, except on a much larger scale! THE FIX IS IN.

Sms Reply:
June 23rd, 2009 at 3:56 pm
and you are uneducated. Hail Hitler right? Dumb Ass……

jim cunningham Reply:
June 23rd, 2009 at 6:08 pm
I am educated, Obama is a con man, and YOU are a moron. dumb ass, now go back to your teee veeee
JJ Says:
June 23rd, 2009 at 1:31 pm
Educate yoursleve…

www(com)obamaimpeachment.org

http://www.ipetitions.com/peti.....mpeachment
JJ Says:
June 23rd, 2009 at 1:32 pm
*edit ^^ (dot)
Love & Light Says:
June 23rd, 2009 at 1:35 pm
You probably moved to the USA for the “dream” of “freedom”. Sorry to say that the USA is AS corrupt if not WORSE due to the resources (they just know how to be more sneaky about siphoning money, etc) as the Third World. Sorry sweetie… I grew up here and lived overseas in a Third World Country (arab actually) and our country is not too different. We’re actually worse in some ways. I’m disgusted by this country. I doubt there’s any better place right now though…they’re counting on people who say there’s no NWO, etc. too, unfortunately. Read the article regarding the guy who is in S. America now due to what he knows (the TRUTH) about 9/11. It’s very interesting (not new to those who have kept up, however). That’s very representative of this country. There’s a secret government running it. It’s NOT “ca ca”. When celebrating our independence on July 4th this year, think about how we truly never gained our independence from Britain…it’s all a front. Just enjoy the fireworks…
EyeswideOpen Says:
June 23rd, 2009 at 1:36 pm
Gov going to sell the gold in the reserve to cash4gold .com WTF http://vueflix.com/watch_video.....4a965fb5d5

r Reply:
June 23rd, 2009 at 2:07 pm
There is no gold owned by the Treasury that they could sell so don’t worry too much about fake news casts.

jim cunningham Reply:
June 23rd, 2009 at 6:13 pm
thats crap.
gravel kucinich paul nader Says:
June 23rd, 2009 at 2:17 pm
oil
spy
theft
profit
aipac
goyim
opium
dance
the fed
mossad
911 liars
art students
moving company
propaganda media

The chosen the superior
Extortion blackmail bribery
By deception ye shall wage war
AIPAC’s Israel-first dual-nationals
2-3% of the U.S. population control
For-profit NotFederal NoReserve scam

huh?!! Reply:
June 24th, 2009 at 4:35 am
art students??!

nader paul kucinich gravel Reply:
June 24th, 2009 at 1:04 pm
911 era Mossad agent cover
Jesus de america Says:
June 23rd, 2009 at 2:24 pm
Lassez faire, is the only way. the only way to fix a torn immoral nation is to let it get to the bottom, rock bottom and let it see the mistakes its made. Reforms are not the way to go. They only put your mind at ease and let you go on about your day with i mind cleared from doubt and worry. In order to allow ourselves to get out of this mere slump all we need to do is look at our morals, where our obligations lie, and to change who we are, because obviously there’s a reason why this happened. Loans made on speculation? Forget that you should wait till your finacially sound after youe grown and made yourself a cemented slab to use as your foundation. Im a 19 yearold male, and the last thing I would do would be going and applying for a loan to buy a 500,000 dolar home yet people these days seem to think they can do all this based on a projected amount that they “might” make, and it comes back down to the morals. Why would a person so young what such an extravegant place to live, because he or she see’s these celebs that have it and they want it too.

Its all wrong these days, and sometimes I wish i had grown up during the twenties hell even the 1800’s. Everything was more sound, less greed, less fiddling in other peoples affairs, and also peoples ideals were closey held to there heart.

jim cunningham Reply:
June 23rd, 2009 at 6:15 pm
well stated and true.
FAIR ENOUGH Says:
June 23rd, 2009 at 2:46 pm
THATS ENOUGH YOU RASCIST HATERS OF AMERICA.

JUST BECAUSE HE’S BLACK DOES NOT MEAN HE’S OUT TO GET YOU.

BUSH MESSED IT ALL UP REAL BAD – GIVE OBAMA A CHANCE.

THINK YOU COULD DO BETTER THEN RUN FOR PRESIDENT IF NOT SHUT UP!

THIS IS ALL UNFOUNDED SPECULATION AND PROPAGANDA.

IF OBAMA WASN’T BLACK? THIS ARTICAL WOULDN’T EXIST. FACT.

Sms Reply:
June 23rd, 2009 at 3:54 pm
Thank goodness there are people out there who are smart enough to see past all the bullshit this site has posted. Doesn’t anyone realize Obama stepped into this fucked? Bush screwed us but everyone overlooks that. Sometimes i feel like america is a majority red necks who are not well educated and need someone to blame for their own ignorance.

lookatdeezfoolz Reply:
June 24th, 2009 at 1:01 am
good cop, bad cop routine has got you fooled huh? you joker…….

Armed*Serenity}-;='--- Reply:
June 23rd, 2009 at 4:05 pm
Race is not the issue with 99.999% of the truthers and patriots. But the facts are.
Fact-Obama is a puppet of the elites
Fact-Obama has turned 180 on every issue he used to get you zombies to vote for him.
Fact-The NWO is accelerating under his presidency, because of all the dupes such as yourself.
Fact-Its all documentable, not unfounded speculation.
Fact-Only the pro Obama zombies even bring up race as an issue.
Fact-Obama himself is racist, don’t believe read his books.
Fact-He is commiting multiple treasonous crimes against the constitution-to many to list, research it yourself.
These are the facts and they are undisputable. FACT FACT FACT

"ren Reply:
June 23rd, 2009 at 5:20 pm
i agree

Mike Reply:
June 23rd, 2009 at 6:28 pm
Very well put!

lookatdeezfoolz Reply:
June 24th, 2009 at 1:03 am
amen!

FAIR ENOUGH Reply:
June 24th, 2009 at 4:41 am
WHO YOU WORK FOR JOHN MCAIN? YOU LOST GET OVER IT.

JUST BECAUSE WE GOT A BROTHER IN OFFICE TO PICK UP WHERE MARTIN LUTHER LEFT OFF YOUR TOO JEALOUS.

FACT FACT FACT? LIE LIE LIE MORE LIKE. CALL YOURSELF A PATRIOT? HA.

TAKE YOUR ANTI-AMERICAN PROPAGANDA MEDIA LIES AND SHOVE IT.

THE CONSTITUTION IS ALIVE AND WELL. ITS ALL LIES AND HYPE THE ‘ANTI OBAMA’ STUFF.

YADDA YADDA WAS BUSH NOW OBAMA GETTING BASHED. YAWN

YOUR ALL BRAINWASHED BY EGO.

OBAMA WILL HAVE THE USA ON ITS FEET IN 12 MONTHS.

OBAMA WILL HELP BRING WORLD PEACE IN 24 MONTHS – FACT.

nader paul kucinich gravel Reply:
June 24th, 2009 at 1:12 pm
Uncle Tom or Uncle Sam?

jim cunningham Reply:
June 23rd, 2009 at 6:20 pm
man, i feel for you all. the party lines are color walls you cant see through. i admire your shiny idealism and lack of cynicism. if it wasn’t obama it would have been McCain or Hillary. they all work for the same people and have the same agenda. the differences are only on the surface, just to blur the truth. do some research on the history of your countrymen. look up bohemian grove, the NWO , the kabbalist following. take it all with a grain of salt.
JamieAllen Glasscock Says:
June 23rd, 2009 at 3:06 pm
of course he is out to get you just like nero ceaser bush nixon hell even washington
remember the whiskey rebellion? yeap, thanks for losing that leg there buddy, now give us the taxes you were fighting to keep out of the hands of that king fellow over the ocean…
or else
and then he stomped them under foot and opened a whiskey plant…….sound a little crooked
FOR FUCKS SAKE THEY DONT REALLY CARE TO FLYING SHITS ABOUT YOU NEVER HAVE NEVER WILL
JUST ASK THE INDIANS or any of the thousands of revoulotionary vets who didnt get the compensation just more damned taxes or google the bonous army fucktard
DOLLAR Says:
June 23rd, 2009 at 4:18 pm
Dollar is going to be very very strong and all people who bet against it will lose huge amounts of money

Infowars were predicting bank holidays for several years now , it was last September now it is this lSeptember

dollar is solid as a rock it will never be devalued it is better than gold so shut the hell up morons

Armed*Serenity}-;='--- Reply:
June 23rd, 2009 at 4:46 pm
The dollar has never been better than gold, moron.

DOLLAR Reply:
June 23rd, 2009 at 5:25 pm
dollar always has been better than gold , you can not do shit with gold unless u convert it back to dollar .

gold is just s shiny useless yellow metal and if you put electric current through it it will rust just as other metals

dollar does not rust you can even wash it in the laundry so dollar is better

"ren Reply:
June 23rd, 2009 at 5:23 pm
and what, you come from Mars???? yup, its TRUE, we got aliens……….AAAAAHHHHHHHH!

"ren Reply:
June 23rd, 2009 at 5:24 pm
im talking to DOLLAR, of course.

jim cunningham Reply:
June 23rd, 2009 at 6:24 pm
wow, do you have a nasty shock coming. poor bastard.
Bishop J Says:
June 23rd, 2009 at 5:06 pm
Well, folks prepare for the NEW WORLD ORDER headed by the Antichrist. Christians pray that Jesus will come back before all these thins come to pass. We are here. When you see this signs you know that we are at the door of GREAT TRIBULATION!

mercyflush Reply:
June 24th, 2009 at 2:39 am
There is no anti-christ because I say there isnt and MY magic is so much stronger than yours. Are we supposed to argue religion or skin color or should we just obscess on how fat we’re getting?

THE REPTOID BOOGIE! Reply:
June 24th, 2009 at 4:46 am
Well this IS an outstanding coincidence, because there ISNT a devil and my magic IS much, much stronger than YOURS. YES – YOURS. The only differences being i care not for arguing about religion or skin colour, and unlike you im not getting fat – like you with your flabby middle-age man boobs.
Wake up! Says:
June 23rd, 2009 at 6:05 pm
OK! First of all just because someone is stating some facts they have researched about are president doesn’t mean there racial. It’s people like you who make thing’s worse for everyone else because its all about color or gender. We are all here dealing with the same problems. So working as a group to keep are selves educated is the best way to go. Oh yeah Second look up the term redneck. Wait I’ll save you the trouble: redneck ( ) n. Offensive Slang. Used as a disparaging term for a member of the white rural laboring class, especially in the southern United States.

Alright now who is being racial!
Wake up! Says:
June 23rd, 2009 at 6:14 pm
To everyone else keep up the good work educating yourselves. Open mind is the best way to handle this.

THE REPTOID BOOGIE! Reply:
June 24th, 2009 at 4:48 am
open your your mind all you like but untill you realise these guys are possessed by alien shapshifters your way, way behind.

Wake up! Reply:
June 24th, 2009 at 8:26 am
So if im hear this right your saying that everyone of these guys are possessed by alien shapeshifters? Interesting I tell ya! You have the right as an American to have your own opinion. The point I was trying to get across its just because someone is debating someone’s thoughts or action doesn’t mean there being racial. Anymore its about color, gender and religion. Like i said before we are all here for the same reason to get information about what is going on. but instead everyone wants to fight each other and its stupid. The reptoid boogie thank you for commenting on my post.
Leo Says:
June 23rd, 2009 at 6:22 pm
Fellow Patriots please go to the following link & leave comments. I am so sick of this shit!!
It’s not about left or right!! Glenn Beck & others are co-opting the patriot/truth movement to make us look bad & for the scumbag liberals to shit all over us with their slanderous bullshit.

Article title: ‘Shawna Forde, Alleged Kid Killer, Extremist, Phoenix Tea Party Attendee, and Ghost of Tea Parties Future’

http://blogs.phoenixnewtimes.c.....wna_fo.php
johan[oneUNDERgod] Says:
June 23rd, 2009 at 6:37 pm
you cant blame obama…in case you missed the other threats..the yanki dollar has been moving down…yeah only a few cents[but enough to show obama he has no choice]…and thanks to the privatised fed running its money cartel we dont till govt buys back the fed[44.4 billion]the same ‘price’ it was sold for…but to do that so many sellouts will run to the wrathchild to play out fuurther treasons[noting wrathchild owns 2/3 rds the worlds assets]…time to throw the demon back into the pit

lookatdeezfoolz Reply:
June 24th, 2009 at 1:09 am
YES WE CAN!

mercyflush Reply:
June 24th, 2009 at 2:53 am
We can blame Obama because he is not a dupe in all this– he is a highly intelligent war criminal who knows damn well what he is doing. From the start, he has given huge sums of play money to the richest people-thats right people in the world while telling us we are free. Meanwhile, we have no right to protest publicly outside of official free-speech zones, we have very little freedom of press; and we’re told daily that the economy has turned the corner so we should invest in common stock on wall street only. Yes , he inherited much woe from the Bush/cheney cabal; and he continues cynically pushing the neocon agenda for the united states of goldman sachs. Liberal/conservative are only concepts from long ago, back in the good old days when there was America and figure head hustlers like his O ness are over their heads in the lies and cons that have ended our country—so no , no free pass for Barack.
razor Says:
June 23rd, 2009 at 8:11 pm
Why is S-604(Fed Audit) only supported by two Senators? On the face of it it would appear the Senate is complicit in the destruction of the United States of America.
DOLLAR Says:
June 23rd, 2009 at 8:39 pm
Did you know that US dollar is actually linen and not a paper ? it is extremely durable
DOLLAR Says:
June 23rd, 2009 at 8:43 pm
you did not know that dollar has many other uses rather than just being a currency ? Like you can wipe your asshole with it . Can you wipe your ass with gold ? Hell, no . See . lol
razor Says:
June 23rd, 2009 at 10:07 pm
CRIMINALS……AND DEVIANTS!
Woof Says:
June 23rd, 2009 at 10:46 pm
check out this site – http://business.timesonline.co.....531299.ece Japanese want to go cashless…
litlredhen Says:
June 24th, 2009 at 7:24 am
s-604 is a facade .the bundastag excuse me congress is a nwo rubberstamp, this measure is only foe face to the public.
9th1 Says:
June 24th, 2009 at 7:52 am
The weather is cooperating perfectly for a Nice March On D.C. This Summer !

Somehow ” The Change ” that American’s Voted For in the last election, is not
working out like they thought it would. Obama Supported More Money For the
War in Iraq & Alfganistan. Completely Against his Campaign Promises !

Old Laws of The Land Can Be Changed, Congress does that sort of thing Every Year !

And by that ” Same Token ” The Present Laws that are on The Books That are Rubbing
All Americans the Wrong Way and Especially in their Pocket Books can be Changed Again !

The United States is Governed By ” The Will Of The People ”
When in the course of human events etc. etc. etc. Everyone should know that by heart !

Just a few weeks or months of running everyone out of D.C. and then – American’s Start Again !

Hey ! If they don’t like it, well that’s tough stuff ain’t it,
That’s the way the cookie crumbles, and
that’s the way the ball bounce’s – etc. etc. etc.

America Can Issue Their Own Money – Without The Fed ! Just Lock The Federal Reserve Doors
and Boycott them.

American’s can Still Honor President John F. Kennedy’s wishes for America to get rid of the
Federal Reserve Banks.

______________
9th1 Says:
June 24th, 2009 at 7:56 am
What happened to The ” Bring The Toops Home ” Campaign Message ???

Why is all of the Bail Out Money going to Corporate America & Not The Citizens ???

What the hell is going on over in Derainged D.C. ???

Wake up! Reply:
June 24th, 2009 at 8:33 am
9th 1, From what I’m being told from a friend over there is that there is some more scare shit about to happen. we all new that the troops coming home now is all lie’s. That’s what the Government wanted you and everyone else to hear. its sad to say but there going to be over there for along while. Look at North Korea we’ve been over there since the war with them. As a veteran I wish they could come home to but they have a duty to protect are country and when that job is done they will come home.
9th1 Says:
June 24th, 2009 at 8:06 am
What the hell is nasa doing sending satellites to orbit the Moon ?
Taking Pictures & Mapping the surface – They Say !

Didn’t Nasa Already Map the Moon for the So-Called Apollo Program ?
What happend to All of Those Mapping Pictures taken back then ? Oh Yeah !
That’s because Nasa Never Went to the Moon in The Apollo Program !

Nasa – What are you looking for on the Moon ? Green Cheese ?

The Con Job & The Jig is Up Nasa ! With The Present Moon Orbiting Satellite
Take A ZOOM-SHOT of Tranquility Base – Anyone Remember Tranquility Base ?
The Lunar Rover & The American Flag should still be right where they left them – Right ?
Yeah – Right !

The Jig is Up now ain’t it Nasa ! Where’s the Zoom-Shot Photographs Of Tranquility Base ?
9th1 Says:
June 24th, 2009 at 8:09 am
Just The Facts – For all of the Intellectual Scientific Types who are still
duped by Nasa’s 40 Year Old Scam !!!
9th1 Says:
June 24th, 2009 at 8:12 am
Here’s an Idea Nasa -

Just make some real nice Photo-Shop Pictures of Tranquility Base,
then put the Lunar Rover & The American Flag in them, The so called
Intellectual Scientific Types will believe them…