Man Woman Ethno

fusion · Guest

1) In the House Hearings June,3,2008 and in the Senate June,23,2008,
under oath, it was very clear and agreed by all that Oil Speculation
was at least 30 to 40 dollars in the price of each barrel of oil,and
that Goldman Sachs and Morgan Stanley among others , had huge crude
oil , gas and heating oil futures positions.

2) In the House Hearings July 10, 2008, Congress members asked Ben
Bernanke,chairman of the Federal Reserve,why the Fed had given Bear
Stearns and JP Morgan a 29 billion dollar loan and why the weekend
deal was done after the 3 top executives of Bear Stearns
( Cayne,Schwartz,Spector) had secured their 20 to 60 million dollar
stock payments each....he just slided with technical and emotional
talk...

Bernanke was also asked why he had given the contract to administer
Bear Stearns assets to BlackRock without bidding, and he said that it
was the best choice at the time, and when asked if he was going to put
the contract out for bidding, he said no!, when asked again that since
the situation was stable, why not put the contract out for bidding, he
again said no! ...... Bernanke has no legal authority to do this, he
is breaking the Law, AND THAT'S WHY HE IS ASKING FOR MORE AUTHORITY
FROM CONGRESS, TO TURN HIS ILLEGAL AUTHORITY grab INTO A LEGAL ONE,AND
CONGRESS WILL VOTE ON THIS IN THE NEXT FEW DAYS....the first grab...

3) in the Senate July 15,2008 Hearings, Bernanke was asked by various
Senators about Oil Speculation, and he said flatly that there is NO
Speculation ! just like that, he covered up for his friends in Goldman
Sachs( Blankfein,CEO ) and Morgan Stanley (Mack,CEO)... and how can he
say that there is no speculation? is he incompetent ? ignorant ? or a
liar ? and when asked in all the Hearings why Investment Bankers were
getting a free ride to do as they please while Commercial Bankers have
a lot of regulations, he just excused the whole farce with the
"difficult times..." , so the Hedge Funds like BlackRock getting
billions of dollars in Taxpayers assets are free to do as they please,
while he takes upon himself the authority to distribute taxpayers
funds as he sees fit....the second grab...

4) and now comes his request to get Fannie Mae and Freddie Mac under
his wing, so he can distribute fees , commissions and contracts to his
chosen Hedge Funds, like Blackrock,KKR,Blackstone,Merrill,Goldman
Sachs,Morgan Stanley,Cerberus,TPG,Lehman,Lazard,etc.etc.,and slowly
start to transfer the assets themselves , the land of Fannie Mae and
Freddie Mac, about 5 trillion dollars in mortgages,to them and
others, a huge chunk of America is about to ge transfered to these
groups and others, because no one will demand to supervise Bernanke
and his partners , no one will demand an account, and Congress is
about to vote on it...the third and final grab......America, no one to
blame but ourselves !!!

5) All these Hearings details are out of the spotlight,Bernanke and
his partners, Kohn,Friedman,Fischer,etc., are about to take over 5
trillion dollars in real estate assets, some of the best in America,
and in a few years when the disaster hits the news, they will blame
Bush and the 110th Congress, but by then, the neocons will have
converted these stolen USA assets into legal assets, no one left but
the usual christians to take the blame, as usual....and if you look at
it, these land grabs are similar to the ones being done in the Middle
East and the ones done in Russia by the oligarchs in the 90's , and
what a coincidence...it's the same organized military-religious-
political-financial orthodox group ! , oh well, my christian community
will never get it,see it, never care and never do anything about
it....or will you?

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