Wednesday, March 18, 2009

Wyden: My Bill Could Have Prevented AIG Mess


Obama may be the "prom queen" du jour, but the real power lies with the hydra-head of the power brokers who are straddling not just the Atlantic, but all of the seas. Despite all of Obama's charm, intelligence, disposition, demeanor and resolution he can't peel these leeches off of himself.

Paulson, a card carrying member of the Goldman Sachs family should have recused himself from being the signatory to any TARP money going to Goldman Sachs and maybe its counter parties.

The serpentine embrace of the usurers with the policy makers is a lethal combination. Though flawed to its core and proscribed by the predominant religions, this practice is promulgated in the West as the "free market". However, this time the greed even got to the usurers who ended up leveraging themselves 35:1 (about as much as the interest rate on the credit cards they issue to the general public). The saddest truth, however, is that the bailout was targeted at the usurers to bail their a$$es out, not the general public's. That's where Obma went wrong, buying into the snake oil these usurers have been selling for centuries.

I'd rather deal with Guido the loan-shark rather than the Wall St. suits, at least Guido knows it is a sin and a racket - unlike these duplicitous money changers who swindle even the most innocent behind a facade of law and policy they help put in place.
Read the Article at HuffingtonPost

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