January 16, 2009
It only took the New York Times a couple months to publish an article proposing the obvious: the bankster bailout is unconstitutional, at least according to “conservatives” such as former Republican House majority leader Dick Armey and the Cato Institute.
|Ron Paul talks with Glenn Beck about the unconstitutionality of the bankster bailout.|
Robert A. Levy of Cato tells us there is “no intelligible principle that I could discern” behind the bailout. Mr. Levy is talking about Congressional delegations of authority previously found to be constitutional by the courts. “As far as we can tell, Congress has never delegated so much power to an executive agency with so little to constrain the agency’s discretion,” a memorandum released by Armey’s FreedomWorks Foundation states.
In 1789 it was decided the Constitution would provide all legislative powers to the Congress, not the executive. A century later, in Field v. Clark, the Supreme Court ruled that “Congress cannot delegate legislative power to the President [and this] is a principle universally recognized as vital to the integrity and maintenance of the system of government ordained by the Constitution.”
According to Jim Manley, chief spokesman for the Senate majority leader, Harry Reid, the Constitution is irrelevant. Manley said he was “unimpressed” with Armey’s FreedomWorks Foundation constitutional argument. “Taking economic advice from Dick Armey is akin to taking shooting lessons from Dick Cheney,” Mr. Manley said. “Neither are particularly helpful.”
Of course constitutional arguments are not “particularly helpful.” Reid has taken campaign contributions from JPMorgan Chase and Citigroup, the very banksters colluding against the Constitution in favor of world government.
In a January 2009 study by Atif Mian, Amir Su , and Francesco Trebbin of the University of Chicago Booth School of Business, it was determined our supposed representatives voted for the bankster bailout because they represent campaign contributors in the “financial services” industry, not their constituents, a fact likely obvious to a sixth grader up to snuff on current events.
In fact, regardless if Cato realizes it or not, there is a well-defined “intelligible principle” behind the bankster bailout — it is nothing less than destroying the dollar, busting the Treasury, creating a horrific economic depression of a magnitude never before experienced, and ushering in world government as the cure.
In March of 2008, prior to the bankster bailout and the declaration of martial law in Congress, Hank Paulson released a 200 page document entitled “Blueprint for a Modernized Regulatory Structure.” It called for the complete restructuring of U.S. markets and their regulatory structures to meet new “global standards,” that is to say bring them in line with the New International Economic Order, i.e., the New World Order. The term “New International Economic Order” was coined by globalists at the United Nations in the 1970s.
It’s no mistake Rockefeller operative Henry Kissinger is now peddling the New World Order in editorials and comments on the floor of the stock exchange. It is also no mistake the elite have called for a “new financial world order” from their lair in Davos, Switzerland, and no shortage of globalist personages have bandied about the term in one version or another since Congress forked over trillions to the banksters. In September, the Wall Street Journal was very specific when it mentioned a New World Order and a “Golem-like structure” designed to right all the wrongs of financial markets supposedly gone wild.
It is all part of a master plan long ago hatched by the global elite and now unfolding before our eyes. Cato and Dick Armey see the symptoms — specifically, a dictatorial executive operating at the behest of the banksters — but miss the cause by a country mile. It is up to the New York Times and a sarcastic factotum working for a politician snugly in the hip pocket of JP Morgan and Citigroup to make them out to be this side of crazy.
“The powers of financial capitalism had (a) far-reaching aim, nothing less than to create a world system of financial control in private hands able to dominate the political system of each country and the economy of the world as a whole,” wrote the CFR historian Carroll Quigley. “This system was to be controlled in a feudalist fashion by the central banks of the world acting in concert.”
In the months ahead, as Obama the anointed one takes office, this world system of financial control in private hands will begin the process of delivering feudalism to the American people. It will take a Great Depression 2 to finalize the process.