A Bailout and A New World

[FOTD]

THE ROVING EYE
A bailout and a new world
By Pepe Escobar

http://www.atimes.com/atimes/Middle_East/JI26Ak02.html
"WASHINGTON and SAO PAULO - The George W Bush administration's US$700 billion no-accountability scheme, globally, informally dubbed "cash for trash", is making all the headlines. Simultaneously, there's the small matter of the United Nations General Assembly sanctioning the troubled birth of a new, multipolar world. As a 21st-century counterpart to the Dadaist Manifesto, this chain of events is priceless. "

"And then Bolivian President Evo Morales nailed it. The new multipolar world should get rid of imperialism and colonialism. Evo stressed there's no possible social peace under hardcore capitalism - the global masses would heartily agree. Of course Evo didn't fail to recall the longtime, concerted Bush administration campaign against him - once dubbed "the bin Laden from the Andes" by a former US ambassador. He stressed there was not a single word of condemnation by the US of relentless right-wing terrorism in Bolivia, unlike all the nations of South America talking with one voice via UNASUR.

Evo also revealed that Bush sent him a message - "If I'm not your friend, I'm your enemy". Evo's response: "I'm a friend of the American people, I'm anti-imperialist. If they like me, OK; if not, it's also OK."




"It took "maverick" McCain roughly over a week to go from a "the fundamentals of the economy are strong" deregulation mantra to Great Depression gloom and finally to bail himself out from his own campaign and a debate to boot. Not bad for a self-confessed ignoramus in economic matters. McCain anyway still counts on the Bernanke-Paulson $700 billion scheme - and he'll still be pushing for even lower taxes for the US ultra-wealthy.

And while the new multipolar world was being sketched out in midtown Manhattan, and McCain was busy trying to run away from his own presidential campaign, the US took a few more steps to quickly become the new Brazil - appalling social inequality, tremendous concentration of wealth, in sum, the law of the jungle. Call it the revenge of the developing world."

An American Tune
Words & music by Paul Simon

http://www.youtube.com/watch?v=xjTjLV3YX3I&feature=related

Many's the time I've been mistaken
And many times confused
Yes, and I've often felt forsaken
And certainly misused
Oh, but I'm all right, I'm all right
I'm just weary to my bones
Still, you don't expect to be
Bright and bon vivant
So far away from home, so far away from home

And I don't know a soul who's not been battered
I don't have a friend who feels at ease
I don't know a dream that's not been shattered
or driven to its knees
but it's all right, it's all right
for we lived so well so long
Still, when I think of the
road we're traveling on
I wonder what's gone wrong
I can't help it, I wonder what's gone wrong

And I dreamed I was dying
I dreamed that my soul rose unexpectedly
And looking back down at me
Smiled reassuringly
And I dreamed I was flying
And high up above my eyes could clearly see
The Statue of Liberty
Sailing away to sea
And I dreamed I was flying

We come on the ship they call the Mayflower
We come on the ship that sailed the moon
We come in the age's most uncertain hours
and sing an American tune
Oh, and it's alright, it's all right, it's all right
You can't be forever blessed
Still, tomorrow's going to be another working day
And I'm trying to get some rest
That's all I'm trying to get some rest"

[iplaw]

Pepe Escobar, you've got to be kidding me...

[Conan71]

File 86...

[FOTD]

quote:Originally posted by Conan71

File 86...

well here....do this one before you go deep six.

http://www.youtube.com/watch?v=vCbOEZ8c8dM&feature=related

International view is they realize what Bush has done and do not want any part of the American way of imperalism anymore. Devil can't blame them.

Everyone wants America back....if we can find it.

[GG]

At this point I'd be happy with the local drug dealer running the government, at least he knows how to handle money. [8D]

[Wrinkle]

New poll idea?

"Who gives a flip who Europe wants to our President?"

[FOTD]

quote:Originally posted by Wrinkle

New poll idea?

"Who gives a flip who Europe wants to our President?"

Bad attitude. We need to take part of that 700 Billion and go in there and make some grabs at their distressed banks.

[waterboy]

quote:Originally posted by FOTD

quote:Originally posted by Wrinkle

New poll idea?

"Who gives a flip who Europe wants to our President?"

Bad attitude. We need to take part of that 700 Billion and go in there and make some grabs at their distressed banks.

Dang good idea! And who better to accomplish that than a leader who enjoys popularity outside our borders? Obama, the economic raider of the next decade.

[shadows]

quote:  FOTD: Bad attitude. We need to take part of that 700 Billion and go in there and make some grabs at their distressed banks.

Bad information.  Those distressed foreign banks in many cases are backups on many mortgages on  US property.   We can be conquered by greed  within our boundaries.

[FOTD]

quote:Originally posted by shadows

quote:  FOTD: Bad attitude. We need to take part of that 700 Billion and go in there and make some grabs at their distressed banks.

Bad information.  Those distressed foreign banks in many cases are backups on many mortgages on  US property.   We can be conquered by greed  within our boundaries.

Money for nothing.....chicks for free....burning down the house!

http://www.youtube.com/watch?v=H5tZc8oH--o&eurl=

[HoneySuckle]

China owns us.  Soon Russia might have a claim.  America's days are numbered.  We will one day join the ranks of a third world country.

[FOTD]

quote:Originally posted by HoneySuckle

China owns us.  Soon Russia might have a claim.  America's days are numbered.  We will one day join the ranks of a third world country.

Not so fast. We live in a world of CHANGE!
Americans will not be third world. Those chances will dimenish with new leadership.

But McCain's got time for a few more hail Mary's!


Duped McCain Falls Into Wall
Street Bailout Trap Set By
Paulson...Formerly Of Goldman Sachs
By Webster G. Tarpley
9-27-8

WASHINGTON, DC -- In the wake of McCain's decision to express support for Wall Street's widely execrated $.7 trillion bailout in yesterday's presidential debate, questions are multiplying as to what in God's name the Arizona senator thinks he is doing. If he wants to choose victory, McCain has one clear shot left: condemn the bailout as the biggest earmark in world history, and the biggest piece of corrupt corporate welfare to ever come down the pike. The bailout is the mother of all pork, and it is dedicated exclusively to the needs of the sociopathic Wall Street parasites, the hyenas, jackals, lamprey, and raptors who have been busting unions, gouging wages, downsizing factories, demolishing the social safety net, driving up the price of oil, and outdoing each other over recent years in destroying American jobs in favor of runaway shops and sweatshops in the third world. If McCain were to oppose the bailout, he would enjoy the support of the two thirds of the American people who decisively oppose the stupid, criminal, and futile bailout monstrosity.
 
By opposing the bailout, McCain (or any other prominent politician) would emerge as a genuine national leader. Since Obama is a total creature of Wall Street, he will always be forced to support the demands of the financiers who are his owners. By attacking the bailout, McCain could pin Barky into the role of defending Bush, Paulson, Pelosi, Dodd, Frank, and the finance vultures, and with this McCain would probably win the election. If McCain supports the bailout, all his talk about "country first," mavericks, earmarks, reform, fighting corruption, corporate welfare, and so forth will be exposed as a hollow sham.
 
McCain's foolish behavior can perhaps be explained by looking at the machinations of the devious Treasury Secretary Hanky-Panky Paulson of Goldman Sachs, a member of the ruling principals' committee and Wall Street's point man in the biggest Treasury heist in history. Paulson was the prime mover in McCain's erratic behavior over the past week, most notably his ploy in suspending his campaign and coming back to Washington to join the bailout talks. It is now clear that McCain came back to Washington because he was invited to do so by Paulson. As veteran newscaster Bob Schieffer of CBS News has reported, " the way McCain got involved in this in the first place, the Treasury Secretary was briefing Republicans in the House yesterday, the Republican conference, asked how many were ready to support the bailout plan.
 
Only four of them held up their hands. Paulson then called, according to my sources, Senator Lindsey Graham, who is very close to John McCain, and told him: you've got to get the people in the McCain campaign, you've got to convince John McCain to give these Republicans some political cover. If you don't do that, this whole bailout plan is going to fail. So that's how, McCain, apparently, became involved." This was the siren song of Paulson ¬ perhaps suggesting to McCain that he could posture as the savior of the country if he successfully rammed through the bailout. Perhaps Paulson even promised that Wall Street would shift its support from its current darling Barky to McCain if he secured passage of the big bucks.
 
In reality, it is evident that this invitation from Paulson was a trap. Paulson sought to kill two birds with one stone: first, to play McCain against the right-wing House Republicans and their Senate allies like Shelby, DeMint, and Sessions, who do not want to be seen voting to subsidize Wall Street. McCain might be able to suppress some of this opposition, which would help Paulson. Second, reasoned Paulson, using McCain in this way would lock him onto a suicidal course, with the media whores controlled by the Goldman Sachs ¬ JP Morgan Chase axis of usury mercilessly attacking McCain for obstructing the alleged deal that in fact had never been reached.
 
And McCain fell into the trap. He met with the House GOP rejection front, and then attended the Thursday afternoon White House meeting which turned into an acrimonious shouting match. The media whores blamed McCain for the failure, even though the Perfect Master was also in the room. What ever happened to Barky's magic, his fabled ability to reach out across the aisle and bring everyone together? It was nowhere to be seen, and Barky played the role of a weak, passive, and feckless figure, even where the interests of his bosses are in question. Then came the Friday debate, where McCain punted, mumbling nonsense about wanting bipartisan cooperation, and hoping to support the final bailout bill. The American people do not want bipartisan cooperation in the service of Wall Street; they want an authentic spokesperson for the overwhelming majority that condemns the bailout.
 
McCain is surrounded by very bad advisors. On the foreign policy side, we see Russophobe Ian Brzezinski and a gang of unemployed neocons, who have been trying to brainwash Gov. Palin into accepting their lunatic world view, severely disorienting and discrediting her in the process. On the economic side, McCain has Meg Whitman, Carly Fiorina, Mitt Romney, and other monetarists and asset-strippers. A key role in getting McCain to roll over for Wall Street may have been played by the very shifty Mayor Giuliani, who expressed his satisfaction of Fox News that neither candidate had "demagogued" the issue. By this he meant that neither one had taken a principled stand against Wall Street theft and blackmail.
 
Barky's supporters among the pseudo-radical labor skates, foundation-funded Astroturf groups, and storm trooper countergangs like ACORN are now active in organizing protests against the bailout. Their line is to support Barky AND oppose the bailout ¬ even though Barky is the keystone of support for Wall Street's demands. The average left liberal lemming is too deluded to notice the contradiction, and this allows the foundation-funded countergangs to create a border guard operation to protect Barky's left flank from those who are really interested in fighting Wall Street.
 
McCain is now drifting towards defeat ¬ a defeat which he could still avoid. Let McCain repudiate the bailout and vote against it, and Barky's edifice of lies and deceptions will crumble. Physical courage is cheap; moral courage is much rarer. We must all hope that McCain can muster the gumption to speak for the people against Wall Street. Otherwise, we are heading into the long night of a postmodern fascist era under the Wall Street puppet Obama.
 

 
Webster G. Tarpley is the author of Obama - The Postmodern Coup: The Making of Manchurian Candidate and Barack H. Obama: The Unauthorized Biography. "

[waterboy]

Frankly, this guy sounds like what AA will sound like all growed up. Sophomoric, name calling, conspiratorial reasoning.

If the anti-bailout crew has good reason to kill this proposal, they owe it to the country to make their case and do it quick. However, if their argument boils down to a class/wealth argument and involves punishing the whole country just to make a moral point...then they should sit back down. We could become third world real quick without credit to operate.

No one understands this mess outside of Washington or Wall Street! It's meaningless that 2/3 of America would support McCain if he were to turn once again and oppose any plan. They also believed and supported Bush that WMD's would be found. They also believe the preamble to the constitution is communist when not told where it came from.

This guy hates Obama and is using the bailout to chant "A pox on both your houses!"