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The People’s Republic of Wall Street
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Pepe Escobar
The Real News Network
October 2, 2008
The financial crisis may be the number one issue on US voters’ minds, but there seems to be no leadership at work in Washington, comments Pepe Escobar. The Wall Street bailout rejected by Congress and then approved by the Senate may not be the solution. It’s up to foreign analysts and economists to tell it like it really is. What is in fact being saved – capitalism or a banking oligopoly?
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October 2nd, 2008 at 12:42 pm
You tell’em Pepe. Estos gordo gatos y loco.
October 2nd, 2008 at 12:47 pm
…Ah-bdi…be damn !!! Karma’s coming home to roost !!!
October 2nd, 2008 at 12:53 pm
If they pass tomorrow, we must organize and put out our frustrations in a non-violent, but effective way. This guys has it right at http://www.700billiondollarparkinglot.com
October 2nd, 2008 at 12:57 pm
Hey I like this guy! Telling it like it is. Sometimes a foreign perspective is needed to show things in a different light. Of course most people reading this already know the deal. I just hope that America is not so inundated with xenophobes that they will actually listen to what people like Pepe suggested have to say.
October 2nd, 2008 at 1:05 pm
You need to give $$$ to people who are actually helping you financially!
http://cheapogroovo.vox.com
October 2nd, 2008 at 1:07 pm
Answer: The banking oligopoly. END LINE
October 2nd, 2008 at 1:47 pm
More cut and paste news stories.
October 2nd, 2008 at 3:20 pm
Yesterday, the US Senate gave two thumbs up to the best sell out, I mean best seller, the Bail-Out Bill.
Soon it will be fast tracked to the US house of representatives for their approval. At least parts of it. And at least and hour before they vote on it. Don’t worry, you voted for them you can trust them…
This 451 page document is sure to please everyone. Not only does this document address the financial crisis in the first hundred pages but also reveals the last minute political pay offs to all of the special interest that supported this administration and their partners in crime, I mean congress.
One section even explains how those who own an off shore private island can deduct the cost of transportation to that island if they use GREEN transportation. What a great way to pay for that new sail boat.
Another section explains how there is total immunity for criminal charges, I mean negative reviews, against those who orchestrating the financial crisis.
You may have heard of the authors of the Bail-Out Bill, they are the same authors of the financial crisis. Secretary of the Treasury Paulson and Federal Reserve Chairman Bernanki.
Get your copy today, after all your paying for it.
It’s currently available at the low low price of 700 Billion US Tax Dollars.
But don’t wait the price may be over 5 trillion next week and 1000 trillion a year from new.
October 2nd, 2008 at 4:05 pm
are they still speaking French over there in Belgium? (The University of Liege). Well your a Daisy if you do!
October 2nd, 2008 at 9:17 pm
All right. Looking at things logically in the “war” for our minds, it seems that we are not growing fast enough in equivalent to “them” coming out with all these laws, rules, regulations, and upscaled brutality. There are still so many people to “wake up”, but I see there is one thing that will get the people to muster together to the point of believing people like this group who bravely met and had their “down with the regime” conference.
Most people say here and some have even called into Alex Jones’ radio show to say that they are having such a hard time getting others to believe the “truth” stories. Yes, many have “awakened”, but percentage-wise, it is small. There is only one thing that will snap all the nation’s people to finally “get it”, where people who are like this brave group and those handing out “truth” DVD’s or flyers, will be able to be listened to almost immediately. That one thing might happen in the next 40 days or maybe an additional 75 days or so. It was said here by others and has been spoken about for years, starting from the Clinton era before he left office.
The only thing that will snap the entire country into “awakefulness” or realization of the “truth”, is to have Marshal Law, to stop either the presidential election somehow or to stop the transfer of power over to the president elect. All other Constitutional laws have been broken by this regime and the people have accepted it, but it seems that they want to have the Constitutional election. So what we need is to have that Marshal Law which seems to be the only thing that the people are saying that they will accept for stopping an election by the Constitution.
If the election or transition of power is done, then I would tend to believe that we really are in trouble because no one would transfer power, which technically is the same thing as giving oneself up to the authorities for crimes committed, unless that person(s) was assured of a safe haven and if a safe haven is available, that means that whomever is taking over the power position would be condoning all crimes committed and therefore would be just as bad as this regime. That allowance of the transfer of power would then obviously be done for a facade, to help fool the people, making it look like “CHANGE” actually is happening, when it would not be.
MARSHAL LAW (or the stoppage of the presidential CHANGEover) IS OUR SAVIOR that will gather the people together in one fell swoop that is not happening now,
Rhonda
October 3rd, 2008 at 2:26 am
#1: What is the translation booooyyyyyeeee????? Minasan Kyoki desu ne!!!! Hai!!! So Desu ne!!!! WTF Over??? Fuck It…It’s On!!! “All HAIL Thermal Expansion!!!”
October 3rd, 2008 at 4:35 am
***** URGENT : TO ALL CONCERNED CITIZENS *****
We can use the internet to GAIN power over corporations and
corrupted government officials and END THIS NONSENSE -
I have explained my idea on how to achieve this in a PDF here
http://actiontrigger.no-ip.org.....litics.pdf
Please comment!!!!
I AM MAD AS HELL AND I’M NOT GOING TO TAKE IT ANYMORE!!!!!!!!!!!!
- The Network, 1976
October 3rd, 2008 at 5:27 am
http://www.breakthematrix.com/.....-Law-CSPAN
Rep. Brad Sherman says Congress threatened with Martial Law if Bailout bill is was not passed on Cspan 54 minutes before VP Debate. Comgress told markets would fall 2000-3000 points the first day and another couple thousand point the next. Then Martial Law would be declared.
October 3rd, 2008 at 8:09 am
http://video.google.com/videop.....2583451279
Animated easy to understand information on how debt = money and how the system actually works
This is awesome please watch it, give it to your friends
Paul Grignon’s 47-minute animated presentation of “Money as Debt” tells in very simple and effective graphic terms what money is and how it is being created. It is an entertaining way to get the message out. The Cowichan Citizens Coalition and its “Duncan Initiative” received high praise from those who previewed it. I recommend it as a painless but hard-hitting educational tool and encourage the widest distribution and use by all groups concerned with the present unsustainable monetary system in Canada and the United States
October 3rd, 2008 at 9:19 am
Peace and blessings unto all.
Folks this is the real “sieve” of the US economy and has been for decades. Of course there’s no leadership in DC. Frankly they only take instruction from those in the shadows. Besides, the endless borrowing between banks and from the “Fed” is a policy of limited economic vision and ultimately serves as the catalyst for complete centralization of global monetary activities. The US has long been a Soviet style dictatorial state with any references to freedom & capitalism serving as drapery on the window dressing of the illusion of “democracy” & “free” markets. Further, the impending economic collapse will potentially be more devastating than what happened 80 years ago as it will usher in an age of nationalization as a means of survival by the US government and could bring about the age of the “Amero”. “Mark to market”, “short term selling”, “LIBOR” borrowing, “predatory” lending, etc., are just some of the latest terms of the spell of their witchcraft like laissez faire magic spell that they use to control America’s (and thus the world’s) economy. Greed is a powerful compulsion and most people of this planet cannot control their compulsions. Those in power however, need to act in some capacity and they will. Will $700 billion be too little too late – probably but they must do something. The history of the world is replete with nations & empires that have fallen by the waste side as the reality of the greed of their respective ruling classes completely depleted any natural and mostly human resources that they could for their own gain without respect to the mass populace at large. Collateralized debt obligations, US budget & trade deficits, tax evasion via off-shore banking, and the ever increasing black hole of military spending all need to be curtailed, halted, or eviscerated all together. Despite what they have programmed most people to think, the prosperity that the US and other western industrialized nations have experienced since the 1930’s has been built on blood and debt. It can and will come to an end.
Pray for mercy. Go further, think deeper & seek the truth at all costs. Learn more at http://www.subversivearchitect.com