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"The people who cast the votes don't decide an election; the people who COUNT the votes do." -- Joseph Stalin

Wednesday, October 8, 2008

Bailout Passed Under Threats of Violence, Martial Law

How the crooked Bailout was passed by Congress
How Bush Raped the Treasury and the Country

The Wall Street Welfare Act

There was a simple solution to the banking crisis:

Guarantee ALL normal banking deposits. That's what European countries are doing. With bank deposit guarantees, individuals and real businesses would have access to their money and to normal credit.

But the White House took a different path...

A multi-trillion dollar "no string attached" checkbook controlled by the White House through the Treasury Department to buy the toxic assets of Wall Street and other reckless investors.

Who will pay? The US tax payers who are footing the bill.

Who will benefit? Wall Street CEOs and their deep pocket clients and members of the Bush regime.

What will the US do in the future when it needs money to repair crumbling infrastructure, take care of public health, and deal with natural and man-made catastrophes?

The answer to all these problems will be simple and consistent: We have no money.

How did this insane legislation get passed?

Congressman Brad Sherman lays it out:

* Fraud (fake phone calls from paid stooges in support of the bill),
* Bribery (hundreds of pages of pork added to the bill by the Senate at the last minute), and
* Threats of violence (the claim that without the bailout martial law was a certainty.)

Congressman Sherman's entire presentation

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