Henry Paulson, the Treasury Department FrankenFinancier has decided that the Rules No Longer Apply to Him. In the past few weeks, the TARP loan program, also known as "Bailout The Base" run by Henry, is breaking the very specific rules set up for the program.
TARP was designed to take over toxic loans from financial institutions, to free up capital and help financial institutions regain some liquidity. Henry has defined this as a money dump with no strings, into the general revenues of his speed dial buddies.
The outrage isn’t that Paulson is doing it as President Jo Jo The Idiot Boy said he could, because Dick said he could. The outrage is that Congress and the Senate have not done a single thing to stop it.
Congress and the Senate wrote the enabling legislation. There is no oversight, legislated review people have not been appointed and the Treasury department is pushing money out the door like the great old days of the Iraqi Provisional Government under Paul Bremner: Poly wrapped bricks of cash and no receipts required.
This isn’t a financial fix anymore. TARP has become a land rush by The Base to grab as much money as they can and run for the hills before someone looks too closely. The Base knows that if the money is gone, then only a few clerks can be held responsible and those are just little people who don’t matter.
Which brings up the book The Shock Doctrine by Naomi Klein. Klein is a legit journalist without either lefty or righty bias and holds to those inconvenient concepts of evidence, sources and research. If you want to make your blood pressure go up, this link leads to her blog and the backstory on the fiscal fornication that is the hallmark of the reign of President Jo Jo The Idiot Boy.
I will caution you that after reading a few pages you might have an uncontrollable desire to gather some neighbours, a few pitchforks, some pine-tar torches and a length of stout rope. You might want to commence an angry midnight march up Pennsylvania Avenue in DC. Don’t do it. Homeland Security is watching.
The saying of ignorance being bliss is a frightening statement indeed, is it not?If society as a whole where to take a step back and see certain happenings for what they truly where….It’s in the air,there’s no denying that it’s coming.I,personally don’t know what "It" might encompass-but I do know that it’s gonna be harsh for quite some time.It’s time for a cleansing-in all areas-for all things.Accountability comes to mind…..Stay safe Dear Friend.