OPEN THREAD: Forum Rules Suspended - Vulgarity needed - Prepare to be offended!

NWO for Dummies
http://www.youtube.com/watch?v=XRLPG_HplrA

"There can be only one permanent revolution - a moral one: The regeneration of the inner man."
—Tolstoy

"A Financial System on a Precipice"
On October 2nd, 2008 Lysa says:
Bill Buckler has nailed it in his Privateer issue #613
We all need to know this. I quote him here:

"Each weekend crisis has exacerbated the global problem. The Fed's de facto takeover of Fannie and Freddie has sealed the fate of the global market for US 'Agency' debt paper with total foreign holdings having fallen ever since July. 25% of US banks lost money as a direct result of the takeover. It is true that the losses so far are comparatively small (about $US 15 Billion) but the vast majority (85%) of the losing banks are also small, having less than $US 1 Billion in assets.

The Lehman Bros. crisis in mid-September was resolved by the US government staying away from the 158 year-old bank declaring Chapter 11 bankruptcy. The damage done here was profound and global. The Fed's reputation as the "lender of last resort" was damaged probably beyond repair. The Lehman bankruptcy was a direct cause of the much bigger crisis being faced this weekend because Lehman was a counter-party in the huge derivatives market. This led to a seizure in the market for (among other items) the Credit Default Swaps (CDSs) which form a large part of the "illiquid assets" which Mr. Paulson's new bailout plan is designed to mop up. AIG, the world's largest insurance company with a global financial presence, could not be allowed to fail so the Fed injected $US 85 Billion. WaMu could not be allowed to "fail" either. It was "sold" by the government to JP Morgan (shades of Bear Stearns) on September 25 for 1.9 Billion in what was de facto the biggest bank failure in US history. The purpose of the JP Morgan takeover was to prevent the FDIC from having to "rescue" the bank. That would have cost $US 31 Billion, two-thirds of the money the FDIC has available for such purposes.

But all of the above, and indeed all the serial "crises" which the Fed and the Treasury have been dealing with ever since the first cracks appeared in the US mortgage markets early in 2007, were but an overture to what is going on now in Washington. This bailout plan is the last straw. It is an attempt to pretend that the paper "assets" (officially valued at $US 700 Billion but in reality worth on paper at least $US 5 TRILLION) can simply be made to "go away" at a stroke of the legislator's pen. On its "success" depends the last shreds of fiscal credibility maintained by US financial regulators. IT WILL, OF COURSE, FAIL.

The ideas that the government should "run" the economy and that a legal tender fiat "medium of exchange" created by whim out of thin air is the only viable form of money - are facing their latest crisis of confidence. People don't learn from history because they are ignorant of history, let alone rational economic or political theory. But sometimes the debate is literally dragged kicking and screaming back towards fundamental principle. We are on the verge of another episode. Mr. Bush, Mr. Paulson, Mr. Bernanke, and all the powers that be on the "Hill" and on the "Street" know this. Their desperation to literally paper over the situation without coming to grips with it proves this beyond doubt. Their entire power base rests on the system as it stands. That is why they are so desperate, if not to actually save the system, at least to prolong it until, in the words of Lord Keynes, they have reached their "long run".

Lord Keynes, when asked about the "long run" effects of the political, economic and monetary intervention he advocated, responded that: "In the long run, we are all dead". He is, we are not."

I am sure Bill Buckler, if he could, would vote for Dr. Ron Paul
Pass it far and wide if you want to. All the best for Thursday & Friday!

Title: Ron Paul Supporter on Bailout

This is why we're angry. This is why we make noise and hell no we won't go away. This is why we feel such an urgency for the future of our children and our Constitutional Republic. Don't ya think we're tired of yelling at the top of our lungs for well over a year now, "It's the ECONOMY that will bring us to our knees," only to be ridiculed and marginalized. At times questioning our own sanity because nobody gets it. Alienating our family and friends with our conviction, our passion, our knowledge that WE THE PEOPLE are being screwed and we're allowing it to happen. Only one man had the courage to tell us the truth. "Let it not be said that no one cared, that no one objected once it's realized that our Liberty and Wealth are in jeopardy. Let it no be said that we did nothing."~Ron Paul~
What will you tell your children, grandchildren your role was in ending this insanity, in perserving their liberty and wealth? I can look mine in the eye and say, I cared, I objected, I did something. Get angy, WE ARE THE PEOPLE.. Let your voice be heard. They do not have our permission to pass their bad debt onto us and future generations.

Letushope, I just adore your "vulgarity" -- f'n, FU...it is polite vulgarity.

Personally, I don't generally tend to have a trucker's mouth, but certain recent events do indeed cause the sudden onset of coprolalia. It's good to have a place to vent and dump the trash; it sort of helps clean the house, allowing folks to move on to the next stage of the process. You know. Like how vomiting expels the poisons, and helps move you on to taking action which brings about healing.

And my, won't the "action" phase be interesting...

To all you spineless traitors in the Congress!

http://i36.photobucket.com/albums/e30/libertybelle_photos/mi...

( A picture is worth a thousand words! )

***************
"Thomas Jefferson is rolling in his grave fast enough to be a new source of energy independence."~ samthurston

http://www.campaignforliberty.com/

What I remember from husband military years before we married. Please pardong spelling. I'm just doing phonetic.

DinkyDow, Muckyeye, DooMamie!

I'm sure one of those describes them. There were lots more but I'm drawing a blank.

This is utter bullshit!. I had a fucking hunch the Senate would pass this piece of shit attack on the constitution. I really didn't get that upset after the bill passed. This past weekend I went ape shit in anger after I read the original "bailout bill" that gave Henry Paulson dictatorial powers over the economy without any over sight. My next door neighbors heard me yelling for 5 minutes. I looked out the window and one of them was staring at me in disbelief. I will not repeat what gesture I used and what I said to them here...lol
On a positive note one of my Senators, Colorado's Wayne Allard actually voted Nay for the bill. On a negative note that son of a bitch traitor Ken Salazar of Colorado voted Yea for it. The House of Representatives dare not pass the bill on Friday if they want to avoid a bitch slap from me.

End rant!

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Call all office locations, fax all, email all!

Then we work our buttox off to remove them from office when their term is ending. WE MUST PREVAIL! They don't even think of their families or their children. What kind of scum are these people?

All I can think of, in times like these, is that THIS LIFE IS THE SHORT LIFE! The next will be long and very hot!

Kind of off subject - but a guy who assisted O.J. Simpson in hiding and funneling money to him was on Dr. Phil toady. He wrote a book and is coming clean about what he did. Dr. Phil had the Goldmans on too. It was very interesting, that after 14 years, he finally came out and told the truth. He actually was an accessory after the fact but also knew OJ was guilty.

In politics, in 14 years, everyone has forgotten and can't do anything anyhow. The untold damage and havoc to millions of people can not be undone. No way to fix society or return common decency. In this case, it was one family (well, two if you count O.J. children who had to grow up w/o a mother).

Just nauseating, to put it politely. I just want to vomit!

Let it not be said we did nothing - we care for our fellow human beings and will be rewarded, in one way or another, to be sure.

God bless us all; remember, he who laughs last, laughs longer.

VOTE THEM ALL OUT! Work as hard for that as we did for Ron Paul.