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  • Treasury Secretary Hank Paulson pulled another fast one on American taxpayers

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    Gene Messick
    OpEdNews
    November 15, 2008

    Our troubles with Hank started back when he was CEO at Goldman-$achs.  Hank helped launch the masked bogus financial instruments called "derivatives" which are at the Heart of the Global Meltdown of Banks around our Planet.  

    • A d v e r t i s e m e n t

    Next, at the invitation of GwB, Hank skipped over to the US Treasury, where his months of failures to act made things worse. When the World Economy had festered to the point of near collapse– a week before Congress was to go home to hit the Campaign Trail – Hank laid a 3-page Bailout Plan before them, and said, "take it or leave it."  BTW, if you don’t take it – while you’re out of Washington — the World as you know it will collapse. There will be Rioting in the Streets of America, requiring us to declare Martial Law.  Obediently, Congress swallowed Hank’s Bailout Pig, whole.

    Now, barely a month later, Hank is telling us what he already knew from the beginning: that the $700,000,000,000 he got from Congress to Bailout distressed homeowner mortgages couldn’t be done soon enough to make any difference.  That’s why, thus far, his Bailout Czar Neel Kaskari (also imported from Goldman-$achs) has NOT bought ONE SINGLE distressed mortgage.  

    Instead, Hank announced:  I changed my mind. This money is only going to Bailout my buddies who are Bankers. After all, they have lost the most from all this. Sorry: no money for homeowners!  But not to worry. Someday it will trickle-down, just like Ronnie Reagan and Uncle Miltie Friedman told us it would.  We’re going to give the money to big banks to buy smaller banks, so they can become "too big to fail".  What Hank really means is that he hopes they will become "to big to regulate".

    When Speaker of the House Nancy Pelosie – who had filled Hank’s playpen with bales of cash – announced that Congress might take back some of Hank’s money to Bailout the nearly bankrupt US Auto Industry, Hank replied sharply, "NO!  This is my pile. I swiped it. You approved it. It’s mine!  Go get your own pile to play with from American taxpayers. They’re too dumb to care!"

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    Comment Rules

    64 Responses to “Treasury Secretary Hank Paulson pulled another fast one on American taxpayers”

    1. Betsy Says:

      Love the article. Tells it like it is–no double talk.

    2. Ken Says:

      Put in easy-to-understand talk that makes your stomach turn.

    3. Steveo Says:

      Man, this makes me sick…

    4. Seer Says:

      Credit Default Swap Scam 101

      Players:
      (A)CDS-issuing “Insurance” Company
      (B)Buyers of “Insurance”
      (C)Some Event
      (D)Taxpayers
      (E)”Insurance” Company CEOs

      (B)Buyers pay $10 billion in premiums and gets $100 billion from (A)CDS-issuing “Insurance” Company if (C)Some Event happens. Amazingly, (C)Some Event happens. (A)CDS-issuing “Insurance” Company goes bust because it can’t pay out all its CDS “Insurance” obligations. (B)Buyers of now lucrative “Insurance” contract wants to get paid. Cries to DC. DC makes the (D)Taxpayers take over the obligations of these lucrative contracts. THERE IS NO ASSET. THERE IS ONLY PAYING THE INSURANCE CONTRACT. (D)Taxpayers gets NOTHING and pays out the nose to (B)Buyers of now lucrative “Insurance” contract. The original $10 billion premiums are gone as they have already paid for the (E)”Insurance” Company CEO’s salaries and lavish lifestyles.

      That is the SCAM.

      Wall Street and DC are FORCING (D)Taxpayers to pay for BETS(No underlying assets) that they don’t want to pay up on. Yes, you, (D)Taxpayers, minding your own business, are being FORCED(try not paying your taxes and you’ll see what force comes along) to pay for the SCAM of rich Wall Street and DC.

      Why use quote around “Insurance?” Because the financal services industry got around having these considered insurance products so they didn’t need to be regulated and have proper reserves in case of problems.

      (E)”Insurance” Company CEO’s money: safe in Swiss banks.
      (B)Buyers of “Insurance” money and payouts: safely increasing in Swiss banks.
      (D)Taxpayers’ money: pouring out every window to the rich.

      THIS HAS BEEN ENGINEERED ON PURPOSE. IT IS HAPPENING.

    5. Elvis Says:

      Great article and right on the money, but still a little to smart for the average American.

      It needs to be simplified just a little more. Hows this sound………….

      America you are f---ed.

    6. Trust No One Says:

      Fear is weakness, as is all negative emotions.

      These people are here to sow negative emotions in the populace. Its all black magick at a large scale. The more people thinking the more negative emotions, the more negativity it creates. Be aware, be strong, have hope, love thy neighbor, and work together and we’ll overcome. Don’t give in!

    7. Emad Alaeddin Says:

      Thanks for the crash course #4
      Definitely paints a clearer but more grim picture of this dire situation we’re in.

      READ NESARA.US

    8. GOD Says:

      IF YOU REJECT ‘MY SON’ I WILL REJECT YOU… John3:36

    9. the shadow Says:

      OK. I’ll be the first to say it—Hey hank-pull this. There.

    10. gary Says:

      i am basically against violence but when you see whats going on here and you know they want to come and kill you (FEMA camps), i just think being a pacifist in such moments is maybe the most noblest thing but also most stupidest thing one can do under these circumstances.

    11. Lookout Says:

      END THE FED…(go viral)
      http://www.endthefed.us/

    12. Nation of dumb ass cowards Says:

      Ha,ha. I’m still in the fight but at the same time I think the people deserve everything they’re getting. They deserve it for being such moron losers.

    13. American Patriot Says:

      we will win our country back people !

      we will do what is needed to do so!

      you are needed to stand against them strongly!

      do not lose hope or faith in what you hold sacred!

      they know we are coming and they are worried.

      we are the only change that will be real and for the people of America!

      if you are afraid- you should know that the only fears you should have are to fear not having ,love, truth, justice, freedom and liberty.

      our spirits can be broken at times but we have proven that we mend our spirits and we shall! we arte down but not out folks!

      it is your responsiblity to as a citizen of the USA to stop at all cost and any means under god the continuance of the governmental takeover over us its people!

      you have been warned! many times by many people now. if you are waiting for others to act before you do – well, they may be waiting for you to do the same.
      i am simply stating it must be us to change things and it must be now!

      we all have much to lose individually in these actions but none of us has more to lose than our country as a whole!

      begin resistance, begin the restoration

      LONG LIVE THE REPUBLIC!

    14. New World Liberty Says:

      good translation from newspeak to english

    15. Jt Says:

      I would like them to try and rule me by martial law.

      Liberty or Death.

    16. NeoCon Narc Says:

      This article is so correct at the end on their excuses as to why the bailout money cannot be spent on auto makers.
      It is very hypocritical to say it is O.K. for him to spend the money on something else.
      But that it cannot be spent on something else for anyone else’s purpose.
      He is hoarding that money like a true bankster!!!
      When they conquer the world they will have global peace finally.
      When they have all the money they will have a balanced and free market.

      I love hearing them make sure they only use terms as capitol to banks….not money to banks.
      When the banks are full of capitol then it works it’s way to the people below.
      Fill me up with money and I will let it trickle down below too.
      I am finally beginning to see I am not worth anything to the government…the banks are the most important people to them. Because a lot of their friends are banksters.
      I am sure some capitol ended up in Mr. Paulsons contribution fund for retirement.
      He was speaking as eager to be replaced after January.. All ready speaking of an early retirement.
      700 Billion scam in 6 months is guaranteed to fill his xmas funds. Enough to retire a lifetime on.

      Not sure how trustworthy a man who is so eager to leave is really concerned about his work.
      Seems more concerned to take the cash and run!!!!

      As far as his selection of Goldman Sachs workers as his tools and recipients, he says they happen to be best. Looks like the best screwed this up and Goldman Sachs has no problem taking bailout money for being the best!!!

    17. Stephen Woodruff Says:

      In my opinion,I think that Paulson should be brought on criminal charges,since he lied,to the federal government about the real intentions where the taxpayers money was going to be used for.Here we go again about the Bush Administration,another con game to the american tax payers money. When will it all end?
      No wonder the american public has no respect about our federal elected officials that are suppose to represent us in Washington.
      Every person from the House of Represenatives to Congress needs to be impeached and remove from office, and start again.

    18. master double chin Says:

      what is wrong with the american public? where is the outrage? except for the folks here the general public could care less as long as they have their happy meals from McDonalds and Steeler football on sunday.

    19. why dont people listen to ron paul Says:

      There will never be a police state in the US because they don’t need one. If the events of the past 8 years aren’t enough to cause riots, I don’t know what is. This recent bailout is just another example of bankers dominating politics, and nobody seeming to care.

    20. FOCUSED Says:

      As far as I can tell everything on infowars is true. What bothers me is that
      90+% of people won’t do anything about it; they will hop on the death trains
      and line up for their mark of the beast like folks going to an NFL game. Look
      at people around you. They are fat, selfish crybabies that will curl up in the fetal
      position at the first sign of a threat. These days, your neighbors won’t return your
      phone calls unless they can sell you something or use you for some purpose; they
      don’t even wave when they pass you on the street. Band up? Fight? Please. Most
      americans will run their best friend off the road beating them to a 7-11 in order to buy
      a pack of cigarettes. Alex, you can stop the screaming and theatrics, because that
      demographic won’t respond when the time comes anyway. Stay cool when you give
      information; it impacts much deeper when delivered soberly. You have great guests,
      information, and a very intelligent thought process that provides its own exclamation
      point. Please do not fire up and push over the edge someone with an unstable
      psychological profile to bring about the very thing (ordo ab chao) we hope never
      happens. If it does anyway, we need calm focused people effective at protecting their
      loved ones. He who has an ear to hear, let him hear.

    21. Kaybowser Says:

      He also reversed section 384 of the tax code fro his buddies.

      http://www.youtube.com/watch?v=TNlvoB_FsGU

    22. earthisdying Says:

      IF PAULSON WAS THE HEAD OF LARGE CORPORATION, IT IS OBVIOUS THEN THAT THE usa IS BEIG RUN AS THE LARGEST CORPORATION, EVER!

      WOW!

    23. Line in the sand Says:

      Put your hands behind your back MR.Paulson (Your under arrest)!! Coming soon for acts of sedition & treason,along with the rest of the CRIMINALS that raped us.

    24. Itsarap Says:

      I’ll probably find more change in between my sofa cushions than what I will see in this country. Others posters have said, and I agree, Americans are braindead. They don’t think anymore, they let television, computers and cell phones (with cool text messaging features) think for them. Somewhere along the line we lost our ability to discern reality, maybe after Close Encounters of the Third Kind? The only thing that could possibly make Americans put down the remote and the can of beer is if 1) they no longer had a tv AND 2) they no longer had a beer to drink.

    25. Michael Says:

      THe Problem is not that all of In AMerica don’t care, it’s that the majority of folks in the US have been so brainwashed they don’t have the time (due to trying to survive)to see how they were lied to in the first place.

      Now, I know there are many who don’t care; but frankly I think there are more of us in the US that do care and don’t have the time, resources or knowledge to know WHAT to do!~~?!!~

      1. YOU can send folks to websites like http://www.infowars.com, http://www.prisonplanet.com, http://www.wideeyecinema.com and others about the REAL TRUTH.

      2. You can talk with those who you are close to about the importance of getting involved in some way even if it’s to just speak the truth to others.

      3. You can Go on the Radio talk show comment lines and Voice your Beliefs and Opinions in a Way to Get People to Think about the Police STate we have today, and that IF AMERICANS DON’T WAKE UP NOW AND DO SOMETHING(LIKE VOTE FOR ANY OTHER THAN THE INCUMBENTS WHO ARE FOR THE MOST PART MAKING ANY DIFFERENCE) WE ARE THROUGH FOR.

      THE THING THAT IRRATES ME IS THAT AMERICANS HAVE BEEN “CONDITIONED” TO BELIEVE WHAT THEY HEAR. THINK ABOUT THE EDUCATIONAL SYSTEM:

      THEY TELL YOU WHAT TO BELIEVE.
      YOU REGURGITATE THE INFO THEY TELL YOU BACK IN EXAMS
      THEY GIVE YOU DIPLOMAS AND DEGREE’S BASED ON WHAT THEY TELL YOU TO BELIEVE.

      GET THE FRICKING POINT HERE, LADIES AND GENTS: THEY ARE FEEDING US INFORMATION THAT THEY WANT US TO BELIEVE, AND THEN THE TESTS ARE GEARED AROUND THEIR INFO INSTEAD OF SOMETIMES WHAT THE FRICKING TRUTH IS?

      HELLO, ANYONE HOME HERE IN AMERICA: OR ARE YOU ALL OUT TO LUNCH? WAKE UP, THE SO CALLED ” AMERICAN DREAM” IS A LIE!

      WHAT STATE OF CONSCIOUSNESS ARE YOU IN WHEN YOUR DREAMING? SLEEP STATE.

      STOP SLEEPING AMERICA, AND WAKE UP BEFORE YOUR CHILDREN END UP IN REAL MISERY FOR YOUR APATHY TOWARD THE TRUTH!!!!!!!!!!!!!!!!!!!!!11

    26. WAR IS ON Says:

      Events are unfolding so fast!

      Iran switches reserves to gold – report
      Sat Nov 15, 2008 2:26pm IST
      http://in.reuters.com/article/.....8320081115

      TEHRAN (Reuters) – Iran has converted financial reserves into gold to avoid future problems, an adviser to President Mahmoud Ahmadinejad said in comments published on Saturday, after the price of oil fell more than 60 percent from a peak in July.

      Iran, the world’s fourth-largest oil producer, is under U.N. and U.S. sanctions over its disputed nuclear programme and is now also facing declining revenue from its oil exports after crude prices tumbled.

      “With the plans of the presidency…the country’s money reserves were changed into gold so that we wouldn’t be faced with many problems in the future,” presidential adviser Mojtaba Samareh-Hashemi was quoted as saying by business daily Poul.

      He gave no figures or other details.

      Before oil prices plunged by more than 60 percent from a peak of $147 per barrel in July, Iran made windfall gains from its crude exports and in April estimated its foreign exchange reserves at about $80 billion.

      Iranian officials in July denied reports Iranian banks were moving funds from Europe, with one report suggesting as much as $75 billion had been withdrawn and converted into gold or placed in Asian banks, because of a threat of tightening sanctions.

      The International Monetary Fund said in August that if the price of Iranian crude fell to $75 a barrel, Iran would face a current account deficit in the medium term that would be tough to sustain due to Tehran’s financial isolation.

      On Friday, U.S. crude fell $1.20 at $57.04.

      Gold futures ended more than 5 percent higher on Friday and bullion ended the week about $10 higher compared with its last Friday’s close of $735.95 as investors covered short positions.

    27. New World Order never Says:

      I know where the 2 TRILLION went, to our own enslavement by the elite nazi SCUM. I know the truth, SO I MUST BE A TERRORIST.

      And you know what, I wonder if the 1 million immigrants Obamasama wants to bring in will be the ‘troops’ to police us. What do ya think????

    28. Kaybowser Says:

      A Quiet Windfall For U.S. Banks
      http://www.washingtonpost.com/.....55_pf.html

    29. americanwhiner Says:

      I dont think anybody realizes the gravity of this we wont feel it right away it will be a incremental slide into martial law. All the years of listening to alex thinking sometimes how he might have been a fear monger selling his scary movies online and he has been right . Not only that I parrotted alot of what alex said to friends and family and gained alot of credibility when this crap went down. Thats about all I can say is good about the bailout, Alex was right.. Ron paul was right , tarpley roberts The patriot movement was right. And the mainstream media blew its credibility as usual. I always tell people it’s not corruption that is the problem , 9-11 is not the problem, Bush is not the problem. It’s a MAINSTREAM MEDIA military style propaganda problem.
      When you shine a flashlight on cockroaches in the dark they run for cover,.. Go figure.

    30. Michael Says:

      Tired of flouride in the water? Want a way to make more money without having to put in long hours in a fascist employment type of environment?

      Support the earth here and find out all kinds of great information by clicking: “Click Here to Become
      a Preferred Customer!” and “Join Now”:

      http://www.thesecrethoard.com

      You’ll be glad you did!!

    31. eric1793 Says:

      I think the 2 trillion must have went to NASA… On the day the big meeting of world leaders was going on so was this…

      Space shuttle Endeavour soars toward space station…

      Speeding 17,000 miles an hour around Earth, space shuttle Endeavour aimed for a docking with the international space station Sunday to drop off a new housemate and deliver equipment which will change the outpost into a two-kitchen, two-bath, five-bedroom home. f---ing unbelievable !!!!!!!!!!

      This I find unacceptable at this time … Go figure that… BTW, Wots the cost to launch a shuttle???

    32. eric1793 Says:

      Does anyone even know wot goes on up there????????

    33. Connecting the dots Says:

      Zionism blows. Want change? Then do like this true American: http://www.youtube.com/watch?v.....re=related Peace.

    34. Connecting the dots Says:

      Video that makes it easy to understand the zionist monoploy scam: http://www.youtube.com/watch?v.....re=related Peace.

    35. Connecting the dots Says:

      A picture is worth a thousand words: http://www.youtube.com/watch?v.....re=related Peace.

    36. Aussie Says:

      The time has come…for all good men…to come to the aid of:

      Their Partner!

      Their Children!

      Their Siblings!

      Their Nieces!

      Their Nephews!

      Their Country!

      .

      Not a few good men…”all” good men!!!

    37. LR Says:

      What is most disturbing is they aren’t even putting any shade over their thievery. It’s so out in the open and in our faces. It’s the typical schoolyard bully confrontation. If “We the People” don’t act in some way now, we’ll be pulverized!

    38. Preacher Says:

      FEAR GOD, AND KEEP HIS COMMANDMENTS.

      TO FEAR GOD AND KEEP HIS COMMANDMENTS IS THE DUTY OF ALL MANKIND. (ECCLESIASTES 12:13)

      KEEPING GOD’S COMMANDMENTS IS ALSO TAUGHT IN THE NEW TESTAMENT. (I CORINTHIANS 7:19, I JOHN 2:3,4)

      WE SHOW OUR LOVE FOR GOD AND OUR NEIGHBOR BY KEEPING GOD’S COMMANDMENTS.(MATTHEW 22:37-40, I JOHN 5:2,3)

      GOD’S COMMANDMENTS EXPOSES OUR SINS AND COMDEMNS US TO SHOW US WE NEED JESUS CHRIST. (GALATIANS 3:24)
      (King James Version) THE 10 COMMANDMENTS (Exodus 20:3-17)
      1. Thou shalt have no other gods before me. [What ever we worship is a god. Anything other than the God of the Bible is a false god.]
      2. Thou shalt not make unto thee any graven image, or any likeness of any thing that is in heaven above, or that is in the earth beneath, or that is in the water under the earth. Thou shalt not bow down thyself to them, nor serve them: for I the LORD thy God am a jealous God, visiting the iniquity of the fathers upon the children unto the third and fourth generation of them that hate me; And showing mercy unto thousands of them that love me, and keep my commandments. [You hate God if you worship statues, pictures, or people.]
      3. Thou shalt not take the name of the LORD thy God in vain; for the LORD will not hold him guiltless that taketh his name in vain.
      4. Remember the sabbath day, to keep it holy. Six days shalt thou labour, and do all thy work: But the seventh day is the sabbath of the LORD thy God: in it thou shalt not do any work, thou, nor thy son, nor thy daughter, thy manservant, nor thy maidservant, nor thy cattle, nor thy stranger that is within thy gates: For in six days the LORD made heaven and earth, the sea, and all that in them is, and rested the seventh day: wherefore the LORD blessed the sabbath day, and hallowed it. [The Sabbath has always been Saturday, it‘s the Lord‘s day] Isaiah 58:13
      5. Honour thy father and thy mother: that thy days may be long upon the land which the LORD thy God giveth thee.
      6. Thou shalt not kill. [This means premeditated murder as given in the examples in the rest of God’s law.] Also see I John 3:15
      7. Thou shalt not commit adultery. [This covers all sexual sins: fornication, incest, rape, and homosexuality.] Also see Matthew 5:28, 19:9
      8. Thou shalt not steal. [Borrowing and not returning something is also stealing.]
      9. Thou shalt not bear false witness against thy neighbour. [Lying to get your neighbor in trouble]
      10. Thou shalt not covet thy neighbour’s house, thou shalt not covet thy neighbour’s wife, nor his manservant, nor his maidservant, nor his ox, nor his ass, nor any thing that is thy neighbour’s. [God does not want you desiring what others have. Before any one steals or kills to get something they covet it.]

    39. Aussie Says:

      #43 Preacher

      f--- GOD, AND f--- HIS COMMANDMENTS…or in laymans terms:

      Shatter the illusion…for all time…cast it back whence it came…children no longer manipulated by brainwashed ignorance…no longer controlled by fear…no longer deceived by the lie of the dangled carrot…no longer unable to choose their own journey through life…their birthright!!!

    40. ARTHUR Says:

      CHECK THE CLIP FROM A NEW FILM ”911 N0 SECRET” http://www.youtube.com/watch?v=ZSoc4gaPLPs

    41. Joe Says:

      Not every Jew is destroying our lives so dont forget its jesus who started this just ask the queen of england

    42. 10f300 Says:

      Fire them and claim your rights. Act like an adult, treat them like children learn more here:

      http://video.google.com/videos.....ficent+de#

    43. Run N Gun Says:

      Preacher#43 – hell needs an army too. go fuk yourself.

    44. WeeBee Says:

      IT’S NO WONDER THIEVIES LIKE PAULSON & BERNAKE CAN GET AWAY WITH THEIR CRIMES!!! Instead of having LIVID FITS of INDIGNATION you f---ing FOOLS snivel about “evil” Jews & christians. You [an a group] are so prejudiced & divided that the government can DO ANYTHING THEY WANT TO YOU! Can’t you see their stratagy? That is what they want. You don’t have to like someone to be UNITED IN A STRUGGLE. I’ll fight with Jews & Christians & Patriots against the crimes & treason of a corrupt government. Get your heads out of your asses now or quit sniveling & accept what is happening – LIKE GOOD SHEEP!

    45. Rogue Says:

      Paulsen,Bernake, and Kashkari are financial TERRORISTS.

    46. NeoCon Narc Says:

      Instead of protesting Congress and Washington D.C.
      We need to have a meeting at New York to protest the headquartes of Goldman Sachs and JP Morgan in Manhatten.
      These are the real culprits.
      Scare away their employees or discredit their image would do more than protesting Congress.
      I am not sure if they would resort to their old tactics Rockefeller used when the train unions fought him with guns from a tent city.
      The state governor called in the army, silly union thought they were there for their protection. Until the army set guns up overlooking the tent city and started firing.
      I normally believe in non violent protest. But if they are going to use brute force. You might want to exercise your constitutional rights to defend your liberty and freedom.
      Make them learn if you associate with criminals like Paulson and Bernanke, you are just as guilty and going to get heat for your actions.
      The Banksters are the one’s doing the killing.

    47. Itsarap Says:

      #27 good post, lots of angst I like that. There is a lot of truth in what you say, the educational system no longer teaches people to think critically therein lies a huge problem. Without critical thinking it is impossible to discern truth from lies. I see this in my career (and other fields) where standards and computer software have replaced professional critical thinking. Then you have government regulators that enforce the standards and codes thus reducing or eliminating professional critical thinking. We have given up our rights to think for ourselves, the vast “foundation” of knowledge and learning have erected a superstructure for us that allows us “leisure” from thinking on our own. Question this in your own chosen profession, how much of what you do to make money relies on some kind of standardized process that “allows” you limited choices within an established framework. Of course you may say but the choices are mine, to choose which answer, A, B, or C. But the choices have been pre-arranged you no longer have the freedom to think outside the box the system does the thinking for you and you just check a box, and sometimes the regulators don’t even allow you to check which box you want.

    48. The Ghost of Tom Joad Says:

      #51
      The Global Crime Families have private security forces spread across the globe that are far beyond the Pinkerton Security goons. Your talking retired Foreign and National Private Soldiers, Special Forces Operatives, Ex-patriots, Mercenaries, and Professional Bodyguards. Pick a place on the map where their is war: Africa, South America, Eastern Europe. Literally the equivalent to a secret army. They work for top dollar, they get paid top dollar. This isn’t a joke and these people, hold no illusion about public perception, they have the intelligence networks, in their back pocket for a reason. They leak what we know, and I believe they control multi-front, multi facet, info-disinfo campaigns, and psychological warfare, throughout the world, to create division and diversion. They have obviously thrown their chips in for a big hand. World government is out of the shadows, now is the time to show people, the men behind the curtain. We don’t want a fight with these lunatics, we want them run the hell out of town. Hell we start shooting, they’ll make money off that too.

    49. Line in the sand Says:

      Hold fast to this–>
      READ CAREFULLY:”The general misconception is that any statute passed by legislators bearing the appearance of law constitutes the law of the land. The Constitution of the United States is the supreme law of the land, and any statue, to be valid, must be in agreement. It is impossible for both the Constitution and a law violating it to be valid; one must prevail. This is succinctly stated as follows: The general rule is that an unconstitutional statute, though having the form and name of law, is in reality no law, but is wholly void, and ineffective for any purpose; since unconstitutionality dates from the time of its enactment, and not merely from the date of the decision so branding it. An unconstitutional law, in legal contemplation, is as inoperative as if it had never been passed. Such a statute leaves the question that it purports to settle just as it would be had the statute not been enacted.” “Since an unconstitutional law is void, the general principals follow that it imposes no duties, confers no rights, creates no office, bestows no power or authority on anyone, affords no protection, and justifies no acts performed under it.. A void act cannot be legally consistent with a valid one. An unconstitutional law cannot operate to supersede any existing valid law. Indeed, insofar as a statute runs counter to the fundamental law of the land, it is superseded thereby. No one is bound to obey an unconstitutional law and no courts are bound to enforce it.”
      Sixteenth American Jurisprudence, Second Edition, Section 177. (late 2nd Ed. Section 256)

    50. we-the-people Says:

      Kill all politicians and banksters,ASAP

    51. the time has come Says:

      The time has come for us ALL to do something…
      I personally would rather die trying than to do
      nothing. These thieves and crooks have it in for
      us and if we do nothing it just tells that that we
      care complacent and don’t care what they do.

    52. traitor hater Says:

      jail this traitor immediately

    53. Internal Patriot Says:

      Who’s holding Paulsen accountable? Who’s monitoring his responses and behaviors? As with all large corporations…someone is always in charge. If a president and vice president of a large corporation were embezzling the shareholders and investors money…who would be the one in charge of removing them from the premises and file charges against them? This is an interesting question for all of us… the shareholders to The United States of America. Have we lost perspective of who we are? No. What we are experiencing are the limitations strategically put in place, causing us to become complacently accepting and allowing a handful of people (in comparison to the amount of taxpayers…shareholders) to take over the financial sector of OUR CORPORATION.

      They’ve been caught with their pants down and they will be resisted if that is truly what the people desire. It’s a scientific fact that THAT which you focus on…you draw to you. Like a magnet. The larger the object (which in this case is our financial economy and the shysters in charge), the more energy is gravitated towards it…whether you are aware of it or not. If you think and feel America is going down in firey flame, than we’ll see the results if there a alot of you that feel and think that way. However, I do not think or feel that way at all. I truly believe the generations walking this earth today have observed the past, acknowledge our history and believe the stories told by our grandparents, to know better than to believe this country is controlled by banksters. I’m sure the crooked one’s pulling the strings right now would love for all of us to think and feel that way though.

      If you signed the credit or loan application…your signature generated the transaction…no other. We need to teach our children how to acquire THINGS without credit. I don’t suppose anyone thought about setting their entire families up with the same health care benefits provided by an employer or corporation. Not only that, the family would also reap the rewards of the tax breaks and tax benefits of having your family set up as their very own entity or trust with the same commercial processes our own government intends to us to insure us…the taxpayer. It can be done. Just a thought. Truth is…you can use the commercial processes to ensure OUR corporation be IMMEDIATELY bonded and insured by the very energy that generates the system…us…the taxpayers. They’ve hid the truth in plain sight, but taught us to hate the system so that we won’t engage in it and use the mechanism and processes provided IN PLAIN SIGHT.

      After all, OUR corporation and its subsidiaries could NEVER take their shareholders and investors to court to enforce anything on them. Interesting they’ve successfully led the people to believe otherwise. What a bunch of goons. Even snipers retire. They might want to watch their backs before the people finally exert their power and hold them accountable. Maybe the shareholders and investors have decided to close this bank (…I mean government) down and start a fresh new company with a new name, new money, new everything. Our corporation has the power to do that now, but unfortunately someone in charge allowed the entire skull and bones fraternity into our government. Now whose fault is that?

    54. jimmy4truth Says:

      Line in the sand! You said it correctly. Good job

    55. Tim(Iowa) Says:

      Now you all will soon notice the Insurance man dropping buy to re assess YOur(Their) assest holdings for re-insurance.
      In other words? You are paying for their asset derivative playing in the markets.
      If anyone understands that you never trully own your home after you have paid for it even.
      Because of the way Taxes are set up and the proprietary scandal that is going on in this country.
      You can easily see thast our taxes will go up, and we will all soon lose our current status, as our economy shifts into 3rd world status.
      We will not be able to afford anything. That allows Us a status to keep what we work to own.
      Mostly our private property.

      BUY GUNS! BUY AMMO!

    56. BUYGUNS!!!NOW Says:

      They are called the Bilderberg Group, The Ghost of Tom Joad Says. Buy the book The true story of The Bilderberg Group by Daniel Estulin. It is amazing how this is all falling into place. The powerful and the rich are in control of this country, not to mention many others. I am only on chapter nine and this book has truth to questions my husband has been saying all along. I will defend my liberty, my freedom and my family at all cost. These evil people are just bidding their time on this earth. They all live in death. That will only make sense to some.
      You have to watch the news to keep up with what is going on, just don’t be stupid doing it. Don’t let them scare you into a bunker somewhere. Don’t be a subject to the Tavistock Institute’s brainwashing games. Stand up and fight. If we ALL stand up and fight how can “WE” lose? But it will take a global effort to disembowel these pathetic people.

    57. BUYGUNS!!!NOW Says:

      http://educate-yourself.org/nw.....cret.shtml

    58. Seditious Blasphemer Says:

      Props for LineintheSand. Although exercising that quote would not be easy, anything worth while rarely is easy.

      Just think of what would of happened to the U.S. founding fathers if they had been captured and taken to face charges in front of the King of England. For them it was all or nothing, and it appears the same ultimatum is what we face today.

      The line in the sand created in 1776 was finally crossed by the enemy in 1913.

    59. Thoughful Mike Says:

      To all that read the thoughts of others on this site:

      We all know what is going on, that is why we come here for our news. So, to make comments about any thing other than where we are meeting to organize the revolution is B.S…

      Please, organize now so our children can enjoy the REAL American Dream……

      Post your location and meeting times.

      Orlando, FL
      Wednesday November 19th 2008 @ 7:00pm

      Denny’s
      440 South Semoran Blvd
      Orlando, FL 32807

      Wear a red, white or blue shirt..
      Bring your adult friends.
      Let’s get to business.

      Bring your thoughts written on paper because everyone will have a chance to speak if they want.

      Let’s take back our Country…….

    60. mbadgjl Says:

      You know, I think this is enough to anger anyone. Most of the things that have gone on in the past 8+ years is. However, what can we do about it? Think about it. If we try to resist or revolt martial law will be declared. Most of the people in the US are unaware of what the gov has in store. They have no clue. To be honest, I don’t think the majority want to know. They want to keep on living the lives they have. They are so unprepared for what is to come. So tell me how we can possibly change what is going on. It is quite obvious that is doesn’t matter what we tell our congress and representatives. In the end, they are still going to do what they want. When you vote them out you never know what you are getting in next. The next one could be worse than the one before. I would seriously like to here some suggestions on what we should do as a country to fix this. I just don’t think it is possible.

    61. Jah Jah Says:

      how do we leave all of our money to this one dude coming out of left field …. whoa.
      I mean at least have a round table of intelligence .. but NO we love our gods… pray to the image of a man and u get the devil………

    62. Aussie Says:

      #65 mbadgjl

      Go and look into a childs eyes…of any race…and then question if you “don’t think it is possible”!!!

    63. Shannon Says:

      I’m now seeing how people can draw cartoons with politicians made up to look like the Devil.
      With a suit. Legally you can’t touch them and all the cops and lawyers laugh at us all. I would say more but I’m living in a Nazi style country. When they come to get you, there will be no one left to protest.

    64. crashcrisis Says:

      WHEN THE Govt. “gave” the banks bailout money, did you see the size of that Armored Car?
      NO?
      That’s because the monies were given in the form of direct investment (shares) in the bank and its holdings. When “IT” did that, “IT” became a shareholder in the bank !! Shareholders are like children: seen and not heard.
      Speak when you are spoken to, then, is not illogical.