Archive for March 24, 2009

Decrying AIG, top officials ask strong new control

Posted in Economy, New World Order, News, Stupid Government Tricks, Truth/Freedom, Unconstitutional with tags , , , , , , on March 24, 2009 by truthwillrise

I cannot believe what I read. These criminals who should be behind bars, have the audacity to pull an attempt at grabbing even more power. The sad part is there apparently are those in Washington who are either gutless or do not give cares about the American People. What is even worse is the people who actually think actions such as this are the right thing to do! When will these people wake up!??-truthwillrise

By TOM RAUM and JEANNINE AVERSA, Associated Press Writers Tom Raum And Jeannine Aversa, Associated Press Writers –

WASHINGTON – Pointing with dismay to the AIG debacle, the nation’s top economic officials argued Tuesday for unprecedented powers to regulate and even take over financial goliaths whose collapse could imperil the entire economy. President Barack Obama agreed and said he hoped “it doesn’t take too long to convince Congress.”

Treasury Secretary Timothy Geithner and Federal Reserve Chairman Ben Bernanke, in a rare joint appearance before a House committee, said the messy federal intervention into American International Group, an insurance giant, demonstrated a need to regulate complex nonbank financial institutions just as banks are now regulated by the Federal Deposit Insurance Corp. ”

AIG highlights broad failures of our financial system,” Geithner told the House Financial Services Committee. “We must ensure that our country never faces this situation again.

” But the two appeared divided over where the authority should reside. Geithner suggested his Treasury Department’s powers be expanded. Bernanke was noncommittal, even suggesting the FDIC.

Both officials sought to channel the widespread public outrage over the millions of dollars AIG spent in post-bailout bonuses into support for regulatory overhaul. Geithner was expected to lay out more details on the administration’s plan Thursday when he appears again before the committee.

Democrats in the Senate say the administration wants the proposal on taking over non-banks to move separately from the larger financial industry regulatory bill, to get it going more quickly.

At the White House, Obama told reporters, “We are already hard at work in putting forward a detailed proposal. We will work in consultation with members of Congress. That will be just one phase of a broader regulatory framework that we’re going to have to put in place to prevent these kinds of crises from happening again.”

Rep. Barney Frank, D-Mass., the committee chairman, said that “when nonbank major financial institutions need to be put out of their misery, we need to give somebody the authority to do what the FDIC can do with banks.

” The government has given AIG over $180 billion in bailout funds since it first intervened last Sept. 16. The U.S. now owns nearly 80 percent of the giant insurer.

“If a federal agency had had such tools on Sept. 16, they could have been used to put AIG into conservatorship or receivership, unwind it slowly, protect policyholders and impose haircuts on creditors and counterparties as appropriate,” Bernanke said.

Both Geithner and Bernanke told the panel they did not become aware of the $165 million in AIG bonuses until March 10, just days before the payments were made. However, lower-level officials at both agencies were aware of the payments.

At the time of the first AIG bailout, Geithner was the president of the New York Fed, which helped oversee the government intervention.

 AIG is a globally interconnected colossus, with 74 million customers and operations in more than 130 countries.

 “Its failure could have resulted in a 1930s-style global financial and economic meltdown, with catastrophic implications for production, income and jobs,” Bernanke told the panel.

Bernanke said it was “highly inappropriate to pay substantial bonuses” in such a situation. He said he had asked that the payments be stopped but was told that they were mandated by contracts.

 “I then asked that suit be filed to prevent the payments,” he said.

 But Bernanke said his legal staff counseled against this action “on the grounds that Connecticut law provides for substantial punitive damages if the suit would fail.”

Separately, Connecticut Attorney General Richard Blumenthal said the Fed “never contacted me or my office concerning the applicability of the Connecticut wage law to the AIG bonuses. If the Fed had called, we would have given the green light for litigation blocking these unconscionable bonuses.”

Dealings between Congress and Geithner have been tense. But they were a little more relaxed in the afterglow of Monday’s nearly 500-point surge in the Dow Jones industrials, though the Dow gave back about 116 points on Tuesday. The rise came in large part in response to the administration’s unveiling of a public-private program to buy up to $1 trillion in bad loans and toxic mortgage-related securities clogging bank balance sheets.

 Still, there were a few pointed exchanges Tuesday.

 Rep. Paul Kanjorski, D-Pa., warned Geithner about any requests by the Obama administration for more taxpayer money to support financial bailouts.

“I assume that you recognize there’s not an awful lot of sympathy up here to necessarily provide additional funds — not going on the merits of whether the funds are necessary,” he said.

 “We recognize it will be extraordinarily difficult,” Geithner acknowledged. Rep. Brad Sherman, D-Calif., told Geithner: “What I fear here is that we are doing a kabuki theater in three acts.

“The first act: Washington tells the American people, `We understand your anger at Wall Street.’ In the second act, we nitpick to death any proposal that actually adversely affects Wall Street. And then, in the third act, we bestow another trillion dollars on Wall Street under extremely favorable terms.”

Geithner made it clear he believes the treasury secretary should be granted broad powers — after consultation with Federal Reserve officials — to take control of a major financial institution and run it. The treasury chief is an official of the administration, unlike the FDIC, which is an independent regulatory agency.

AIG has become a symbol of reckless risk-taking on Wall Street. The bonuses came even as AIG reported a stunning $62 billion fourth-quarter loss, the biggest in U.S. corporate history. The government has bailed out AIG four times, to the tune of more than $180 billion altogether.

 New York Attorney General Andrew Cuomo said Monday that 15 employees who received some of the largest bonuses from AIG have agreed to return the money, totaling about $50 million.

 The House last week voted overwhelmingly to slap 90 percent taxes on the largest bonuses. But Republicans in the Senate are blocking similar legislation, and White House reaction to the legislation has been tepid at best.

 Senate Majority Leader Harry Reid, D-Nev., told reporters on Tuesday Democrats were considering other alternatives.

“The issue is not over,” he said.

 But House Majority Leader Steny Hoyer, D-Md., said, “If the money is returned, the legislation may no longer be necessary.”

Senate Republican Leader Mitch McConnell said Geithner should get credit for trying to fix the financial system.

“That’s the real issue. And at least he’s grappling with that,” McConnell said.

Secret State Police Report: Ron Paul, Bob Barr, Chuck Baldwin, Libertarians are Terrorists

Posted in Alex Jones, New World Order, News, Police State/Martial Law, Ron Paul, Stupid Government Tricks, Truth/Freedom, Unconstitutional with tags , , , , , , , , on March 24, 2009 by truthwillrise

Kurt Nimmo
Infowars
March 11, 2009

Alex Jones has received a secret report distributed by the Missouri Information Analysis Center (MIAC) entitled “The Modern Militia Movement” and dated February 20, 2009. A footer on the document indicates it is “unclassified” but “law enforcement sensitive,” in other words not for public consumption. A copy of the report was sent to Jones by an anonymous Missouri police officer.

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The MIAC report specifically describes supporters of presidential candidates Ron Paul, Chuck Baldwin, and Bob Barr as “militia” influenced terrorists and instructs the Missouri police to be on the lookout for supporters displaying bumper stickers and other paraphernalia associated with the Constitutional, Campaign for Liberty, and Libertarian parties.

“Missouri Information Analysis Center (MIAC) provides a public safety partnership consisting of local, state and federal agencies, as well as the public sector and private entities that will collect, evaluate, analyze, and disseminate information and intelligence to the agencies tasked with Homeland Security responsibilities in a timely, effective, and secure manner,” explains the MIAC website. “MIAC is the mechanism to collect incident reports of suspicious activities to be evaluated and analyzed in an effort to identify potential trends or patterns of terrorist or criminal operations within the state of Missouri. MIAC will also function as a vehicle for two-way communication between federal, state and local law enforcement community within our region.”

MIAC is part of the federal “fusion” effort now underway around the country. “As of February 2009, there were 58 fusion centers around the country. The Department has deployed 31 officers as of December 2008 and plans to have 70 professionals deployed by the end of 2009. The Department has provided more than $254 million from FY 2004-2007 to state and local governments to support the centers,” explains the Department of Homeland Security on its website. Missouri is mentioned as a participant in this federal “intelligence” effort.

Last month, the ACLU issued a news release highlighting the activity of a fusion center in Texas as the “latest example of inappropriate police intelligence operations targeting political, religious and social activists for investigation,” in particular “Muslim civil rights organizations and anti-war protest groups.”

The MIAC report does not concentrate on Muslim terrorists, but rather on the so-called “militia movement” and conflates it with supporters of Ron Paul, Chuck Baldwin, Bob Barr, the so-called patriot movement and other political activist organizations opposed to the North American Union and the New World Order. The MIAC document is a classic guilt by association effort designed to demonize legitimate political activity that stands in opposition to the New World Order and its newly enshrined front man, Barack Obama.

In September of 2008, Missouri sheriffs and prosecutors organized truth squads to intimidate people opposed to Obama and threatened to arrest and prosecute anybody who ran “misleading television ads.” Missouri governor Matt Blunt eventually denounced the use of “police state tactics” on the part of the Obama-Biden campaign.

MIAC claims members of a “rightwing” militia movement organized in the 1990s — generally in response to the Oklahoma City bombing and the events at Waco — “continuously exploit world events in order to increase participation in their movements. Due to the current economical and political situation, a lush environment for militia activity has been created” and supposedly exploited by “constitutionalists” and “white supremacists,” the latter an oft-employed canard used to demonize activists as dangerous and potentially violent lunatics.

MIAC notes many of the political issues cited by the so-called patriot movement — the Ammunition Accountability Act, the impending economic collapse of the government, the possibility of a constitutional convention, the North American Union, Obama’s “Universal Service Program,” and the implementation of RFID, issues that are not limited to the patriot movement but are shared by a wide array of political activists.

The MIAC document includes a map of the North American Union not dissimilar from one released by NASCO, the North America SuperCorridor Coalition (see the NASCO map here).

The MIAC report is similar to one created by the Phoenix Federal Bureau of Investigation and the Joint Terrorism Task Force during the Clinton administration (see page one and page two of the document). The FBI document explicitly designates “defenders” of the Constitution as “right-wing extremists.” The MIAC report expands significantly on the earlier document.

 

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In order to artificially heighten the perceived threat threshold, MIAC rolls in Christian Identity, white nationalism, “militant” anti-abortion activists, opposition to illegal immigration, and income tax resistance. MIAC deceptively blurs the lines between these disparate political ideologies and underscores the possibility for violence in a summary of the organizational structure of the militia movement and a section describing how members strive to train in “combat readiness.”

 

The MIAC effort to characterize Libertarians and Constitutionalists as racists is reminiscent of an attempt by the corporate media in early 2008 to portray Ron Paul as a racist by attempting to link him to a series of vaguely racist newsletters produced in the 1980s. Paul did not exercise editorial control over the newsletters and went so far as to apologize for them, but this did not prevent the corporate media from characterizing him as a racist.

According to MIAC, opposition to world government, NAFTA, federalization of the states, and restrictive gun laws are a threat to the police. “The militia subscribes to an anti-government and NWO mindset, which creates a threat to law enforcement officers. They view the military, National Guard, and law enforcement as a force that will confiscate their firearms and place them in FEMA concentration camps,” the document claims in a section entitled “You are the Enemy.”

In regard to supposed militia movement literature and media, the MIAC report mentions Aaron Russo’s America: Freedom to Fascism and William Luther Pierce’s The Turner Diaries — the latter was penned by the former leader of the white nationalist organization National Alliance and the former by a Libertarian filmmaker. In order to underscore the absurdity of the MIAC attempt to link Pierce’s novel and Russo’s anti-tax documentary, it should be noted that the late Aaron Russo was Jewish and The Turner Dairies posits a Zionist government in America (or ZOG, the Zionist Occupation Government) run by Jews.

The award-winning film Zeitgeist, featuring Alex Jones, is also mentioned as terrorist material.

The MIAC report is particularly pernicious because it indoctrinates Missouri law enforcement in the belief that people who oppose confiscatory taxation, believe in the well-documented existence of a New World Order and world government (a Google search of this phrase will pull up numerous references made by scores of establishment political leaders), and are opposed to the obvious expansion of the federal government at the expense of the states as violent extremists who are gunning for the police. It specifically targets supporters of mainstream political candidates and encourages police officers to consider them dangerous terrorists.

MIAC is attempting to radicalize the police against political activity guaranteed by the U.S. Constitution and the Bill of Rights. If Missouri police indoctrinated by MIAC propaganda overreact to political activists and supporters of Ron Paul in their state and injure or kill people involved in entirely legal and legitimate political activity, MIAC, the governor of Missouri (his name appears on the MIAC document), and the DHS and federal government should be held directly responsible and prosecuted the fullest extent of the law.

YouTube Caught Censoring Obama Deception Video

Posted in New World Order, News, Truth/Freedom with tags , , on March 24, 2009 by truthwillrise
Infowars
March 23, 2009

YouTube has deleted ChangeDaChannel’s honors formerly attached to Alex Jones’ high quality encode of The Obama Deception in a crass effort to knock the film’s ratings down, an obvious effort by Google’s YouTube to make sure people remain unaware of and do not watch the video. In essence — and not unlike the old Soviet Union — YouTube is acting as a political police goon squad for the establishment, attempting to make sure as few people as possible see this important documentary.

YouTube and Google Video are notorious for censoring and fudging view results on Alex Jones films and other films including Loose Change and NufffRespect’s hugely popular Question Your Reality video. For more on the mechanics behind Google’s censorship, see Google Censorship — How It Works.

It is important that The Obama Deception get out to as many people as possible and that is why Alex has allowed the film to be posted on the internet. ChangeDaChannel has the best high quality encode of the film and this needs to go viral.

Please watch the film below and order your copy of the DVD today. Now that Obama’s drones are on the street and going door-to-door in order to high pressure you into supporting the banker scam that will indenture our former republic to the international bankers for generations to come, it is vitally important you get a copy of this film, make copies, and pass them out to your family and neighbors so

 

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