Monday, October 13, 2008

So the bankers knocked the politicians around, and forced them to reach into the citizens pockets and pull out several trillion bucks to throw at the market 'problem.' A complete collapse was averted by massive international governmental intervention. (Hmm sounds familiar..."Defense spending" anyone?)

Paulson saved AIG because his base, Goldman Sachs, stood to lose $20 billion if AIG went under. He let Lehman Brothers die, because they were a direct competitor to GS. Paulson also had about $700 million of his own personal fortune at stake.

Since McCain and Obama both strongly support trade treaties like Nafta, WTO, etc., they both strongly support the outsourcing and downsizing of American jobs via the de-industrialization of the Western base. If we ship out any more of our manufacturing sector, I fail to see how we can prevent ourselves from becoming a low wage service- third world economy (already a fait acompli for 50% of the workers- their wages are so low that they cannot even contribute 10% of the annual Federal tax bite) For this alone, one should entirely disregard the rhetoric of both candidates- McCain and Obama are the fallback positions for each other, on behalf of the financial elites. Both take their marching orders from Mitsubishi, Chase bank, and the ruling clique within the 'Communist' party of China ( Walmart and several other firms are just mediums to flow money out of America and into the coffers of the 'Red' ($green$) oligarchy in Beijing...both candidates enable this transfer).

America cannot be saved until the two major parties are dismantled or weakened enough to allow a nationalist candidate to step into the breech.
We cannot have a strong country without a strong 'machine-tool' production base.

Have you ever wondered why the price of gasoline goes down at least 25% two-three months before elections? (now, in 2006, and in 2004)

"The NAFTA treaty is a stepping stone to a One world government"- Henry Kissinger

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