My first thread here. Just thought I'd through this out for discussion.
This 700 Billion dollar bailout that is being discussed in the US and the original bill that was to give unquestionable authority to Secretary Paulson
and Mr. Bernanke seemed like an attempted coup of sorts to me. Section 8 of the original draft was to allow for no investgation into any actions that
these two men took because of the fianicial meltdown that is occuring.
globaleconomicanalysis.blogspot.com...
Sec. 8. Review.
Decisions by the Secretary pursuant to the authority of this Act are non-reviewable and committed to agency discretion, and may not be reviewed by any
court of law or any administrative agency.
Seems to me that they were looking for power that far exceeded anything that the Constitution gives them. That would be a lot of centralized power.
The President wanted this original draft passed in a hurry without any discussion. That seems very suspicious to me.
I watched this video that loam posted. By the way, whats a FSME? I noticed the tag in his avatar and it linked to "Fragile Earth".
It's Ron Paul talking about how bad this bailout would be. There are many other Congressman/women and Senators saying the same thing. If this is so
bad, why the rush to get it passed with no discussion? Congress has now slowed the passing down by doing the right thing and discussing it. I haven't
read the new draft yet but I would hope that section 8 has been removed.
Anyway, as I watched this unfold this week, that's what came to my mind. This looks like an attempted silent coup. Remember. Paulson was former head
of Goldman-Sachs and it was one of the original global bankers who said...
Give me control of a nation's money and I care not who makes her laws.
Mayer Amschel Rothschild
Thanks for reading my first thread.