10 January 2009

EDITORIAL Martial Law, the Financial Bailout, and War [news story]

Article: "Martial Law, the Financial Bailout, and War"
Source: GlobalResearch.ca / Peter Dale Scott
Excerpt: It is becoming clear that the bailout measures of late 2008 may have consequences at least as grave for an open society as the response to 9/11 in 2001. Many members of Congress felt coerced into voting against their inclinations, and the normal procedures for orderly consideration of a bill were dispensed with. The excuse for bypassing normal legislative procedures was the existence of an emergency. But one of the most reprehensible features of the legislation, that it allowed Treasury Secretary Henry Paulson to permit bailed-out institutions to use public money for exorbitant salaries and bonuses, was inserted by Paulson after the immediate crisis had passed... Even more reprehensible is the fact that since the bailouts, Paulson and the Treasury Department have refused to provide details of the Troubled Assets Relief Program spending of hundreds of billions of dollars, while the New York Federal Reserve has refused to provide information about its own bail-out (using government-backed loans) that amounts to trillions...
Link to Full Story: http://www.globalresearch.ca/index.php?context=va&aid=11681

No comments:

Post a Comment