Thursday, November 18, 2010

Goldman Sachs and the Federal Reserve

Fresh evidence has come to light concerning the long suspected connection between Goldman Sachs and the Federal Reserve. You will remember that Goldman Sachs profited more than any other bank during the Bush 2008 bail out. We were told that Lehman Brothers was in competition with Goldman Sachs but there were people from the latter company who actually determined which companies would go under or stay afloat. Normally I wouldn't pass along a video from a right winder. There was some Bible stuff in the main letter but this video with the two cartoon characters talking about the Federal Reserve mentions that Goldman Sachs was a principal beneficiary of the Bush bank bail-out. Some have argued that if we had gone the way of Herbert Hoover the rich would be suffering along with the rest of us in this recession but the average American wouldn't be any worse off. Various banks would go into receivership and the FDIC would come into play and pay off depositors to these banks. Just today a Thom Hartman substitute host was on and he was a little too left leaning for my taste. He said lower prices during a recession are a bad thing. That may be true in housing but not for other areas such as the local Wal-Mart. Poor people can buy more during a recession with lower prices. While it's true that lower wages bring the benefit of lower retail prices, the converse is not true. Lower prices do not CAUSE lower wages as the KTLK host was implyingThis video points out all the things that have risen in price during this recession, notibly the stock market. Many such as Judy even have said that "this economy takes time to heal itself and one way of doing that is to let some deflation occur and let the markets readjust to the lower amount of spendable money by the public. The Fed has already tried this "monitization of the reserve" on a smaller scale and it hasn't worked very well. What they are planning to do and now are doing seems really strange to me and I'm wondering whether some congressional committee shouldn't investigate it. If nothing else this would be a justification for having a Republican congress these next two years. We need to know after a century of secrecy just who is running the Federal Reserve. People on the right say it isn't just to screw up our economy but to wreck the world economy on a grand scale. Leaders from other nations have pleaded with our government not to make this move. Some people want to have universal standards and say that North Korea can't screen out our beef because cattle over thirty months of age have the propensity for mad cow disease. I think they have the right to reject our products just as we have the right to reject products made from child slave labor conditions from Shri Lanka. The Glen Becks of the right fear that the Obama administration has designs on world economic domination. Here is the link. Go down to the You Tube box and play it. The use of the word "the" so much is kind of a Romulan trait. The Romulans I don't know don't use the expression because they speak English. It's a Romulan language idium. They informed me one time when my brother and his girlfriend were babysitting a little girl who used the "the" expression all the time and my Romulan friends said "she was obviously Romulan in a previous life".

This “deep pat-down” at airports has raised controversy. You have a choice between those nude X ray thing where your children get irradiated, which might not be good for them. Or you can have your five year old little boy have his genitals handled by some forty year old man who just might be gay, for all you know. They use a new circular stroking motion that has the feel of some kind of physical "advance". Glen Beck says he wouldn't want his daughter's boyfriend doing it to his daughter. So you can get your naked body placed as the next You Tube video and everyone see your private parts - - - Or else you have the groping pat-down, which is worse. Both take a lot of time and neither is really appropriate for normal security concerns. We need to do as the Israelis do and that is have airline personnel talk with passengers to acertain which one of them seems to be unduly nervous. They could have air marshals on the flights. And they should bring in the bomb sniffing dogs. Dogs have sensitive noses and they tell me even if the bomb is sequestered in a body cavity, the dogs will alert to it. And you know something, after the steps they have taken right before this thanksgiving holiday, maybe racial profiling isn't such a bad thing after all.

I think there are fresh doubts about whether President Obama is a citizen of the USA. I know when I went to get my birth cirtificate from OC records that it wasn't the birth cirtificate that was in my baby book for years, which got lost. My license had expired in 1999 on the last day of the year and I was a little leery about the authorities finding out and so in September of 2002 applied for another at DMV but they told me they now only kept records for two years. It would seem that Obama is on tape admiting he's not a citizen of the United States and in fact was born in Kenya. There are other reports about his saying to Allan Keys in an Illinois senate debate that he is not a citizen but he is running for US Senate and not the Presidency. It would seem as if Obama has spent hundreds of thousands of dollars to cover up all his early records, which seems strange for a man with nothing to hide. These right wing sources quote countless laws and exact legal specifications which cast further doubt on Obama's elligability to run for President.

You know, one positive thing was stated in these videos I think all of us liberals can get behind. If our liberal policies are really so popular why don't we have the issues aired openly in the 2012 year election and then we can nominate ourselves the liberal of our chosing, as long as he's actually ellagable to run for President of the United States. If Sarah Palin is serious about running, which I still doubt, she should be pretty easy to defeat with just about anybody.

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