WASHINGTON — Key lawmakers who struck a post-midnight deal on a $700 billion bailout for the financial industry predicted Sunday it would pass Congress, putting in place the largest U.S. government intervention in markets since the Great Depression of the 1930s.
Flexing its political muscle, Congress insisted on a package that gives lawmakers a stronger hand in controlling the money than the Bush administration had wanted.
The rescue plan casts Washington's long shadow over Wall Street with the federal government taking over huge amounts of devalued assets from beleaguered financial firms in exchange for more oversight.
Under the plan, lawmakers could block half the money and force the president to jump through some hoops before using it all. The government could get at $250 billion immediately, $100 billion more if the president certified it was necessary, and the last $350 billion with a
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Congress expected to pass rescue package
Read All 12 Comments Congress is a bunch of criminals ripping off the taxpayer:
Follow the money:
From Open Secrets.org , here are the contributions to the two status quo presidential candidates from the financial industry sector:
Goldman Sachs $691,930
Citigroup Inc $448,599
JPMorgan Chase & Co $442,919
Lehman Brothers $370,524
Morgan Stanley $318,070
Merrill Lynch $298,413
Citigroup Inc $269,251
Morgan Stanley $233,272
Goldman Sachs $208,395
JPMorgan Chase & Co $179,975
Credit Suisse Group $150,025
Bank of America $129,475
Wachovia Corp $122,846
Lehman Brothers $117,500
Bear Stearns $99,300
Pinnacle West Capital $97,700
Also from Open Secrets.org , here are top 20 recipients in Congress from the financial industry. 11 Democrats and 9 Republicans and look who is #1:
1. Obama, Barack (D) Senate $10,059,210
2. Clinton, Hillary (D-NY) Senate $7,355,720
3. McCain, John (R) Senate $7,029,893
4. Giuliani, Rudolph W (R)$5,038,745
5. Romney, Mitt (R)$4,884,137
6. Dodd, Christopher J (D-CT) Senate $2,932,532
7. Richardson, Bill (D)$912,200
8. Edwards, John (D)$781,395
9. Warner, Mark (D-VA)$671,483
10. Coleman, Norm (R-MN) Senate $626,850
11. McConnell, Mitch (R-KY) Senate $620,236
12. Emanuel, Rahm (D-IL) House $600,500
13. Sununu, John E (R-NH) Senate $595,650
14. Baucus, Max (D-MT) Senate $547,500
15. Durbin,(D-IL) Senate $515,475
16. Thompson, Fred (R)$492,205
17. Biden, Joseph R Jr (D-DE) Senate $432,450
18. Lautenberg, Frank R (D-NJ) Senate $424,233
19. Himes, Jim (D-CT)$393,254
20. Shays, Christopher (R-CT) House $362,720
WAKE UP PEOPLE!!!
This is a manufactured crisis that is just another step in the "globalization" or NEW WORLD ORDER" agenda. The ultimate purpose being to enslave all peoples under the slavemasters of the powereful elite. These people have been acquiring control of all the resources and wealth for decades now. And now that they have nearly done so, they still have one big problem to deal with. That is subduing opposition.
They have to disarm those populations that are heavily armed. To do so they need to fool the "scardiecats" in a population that the "patriots" in the population are "bad guys", to get the "scardiecats" to inform on the "patriots". This is exactly what took place in Nazi Germany. Though there the "bad guys" did not have arms, they were simply opposed to Hitler's agendas, and of particular ethno groups.
They have to encourage "disunity" among the people. The old time tested "divide them to conquer them" tactic, which IS PROVEN TO WORK!
Everybody needs to wake up and realize that unless we all pull together, that WE THE PEOPLE are about to be conquered by the GREEDY ELITE!!!
When the President believes that our Constitution is "just a God d**ned piece of paper", we have a real problem people. Stop worrying about your 401K's. Their agenda is to eventually **** those dry as well, that is what GREED DOES, and that is exactly what will take place UNLESS "WE THE PEOPLE" get organized with each other to prevent the abuses of power from taking place. WAKE UP NOW, because if you do not one day soon you will wake up to SLAVERY AND DICTATORSHIP, and your precious 401K's and other investments won't be worth squat!!
If you don't believe me, read and "don't weep", read and "join together". We will all be the losers if we do not.
AND THE MOST ONEROUS CONFIRMATION OF "THE AGENDA" IS FOUND IN THE "ARMY TIMES" ARTICLE BELOW, DEPLOYEMENT OF A "COMBAT BRIGADE" ON "HOMELAND DUTY" BEGINNING OCTOBER 1,2008 (Topix splits this long URL so repaste it in Notepad)
http://22.214.171.124/search?q =cache:fMtfQU6Nn04J:www.armyti mes.com/news/2008/09/army_home land_090708w/+3rd+brigade+comb at+oct+1+2008&hl=en&ct =clnk&cd=3&gl=us
AND FINALLY CHECK OUT WHERE "THE AGENDA" IS ALL ULTIMATELY DESIGNED TO LEAD!!!!! YIKES!!!!!!!!
http://126.96.36.199/search?q =cache:5QlNdOLmHOQJ:www.mindfu lly.org/Reform/2004/FEMA-Conce ntration-Camps3sep04.htm+empty +federal+prisons&hl=en &ct=clnk&cd=3&gl=u s