The Golden Truth: A Modest Proposal For President Obama

Tuesday, October 27, 2009

A Modest Proposal For President Obama

In light of the new information about Tim Geithner's role in the fraudulent bailout of AIG and the big banks, who most likely would have all gone bankrupt without Geithner's generosity, I would request that Obama undertake the following actions:

1) Ask for Geithner's resignation. If Geithner were to ignore this graceful request, then fire him
     immediately.
2) Seize all records, computer files and email records at the NY Fed - do the same at the U.S. Fed
3) Seize all records connected with the AIG bailout at the U.S. Department of Treasury
4) Seize all phone records, public and private of Geithner, Paulson, Bernanke and all the big
    bank CEO's
5) Freeze all business activity at any bank connected with the bailout of AIG and seize all records
6) Order the Justice Department PLUS an indepedent investigator to investigate everything and
     everyone connected to the Taxpayer bailoout of AIG, including Henry Paulson and all members of
     Bush's Administration connected with the bailout, including Bush.

I think we've given Obama enough benefit of doubt. It's time that our elected public officials are held accountable, including Obama. Up to this point, nearly every single major promise that Obama made in connection with his campaign platform has been one big lie. And worse, it appears that Obama is nothing more than a simple lapdog for Goldman Sachs, JP Morgan and the Federal Reserve.

3 comments:

EconomicDisconnectTuesday, 27 October, 2009
Dave,
This is a joke post, right?

I would add the home seller lobby won today by forcing the CONgress to extend and expand the housing tax credit (I call it Stimulus Spandex). There really is no way to stop the government from doing whatever they want, no matter how the people think. Unreal.
ReplyDelete
Replies
Dave in DenverTuesday, 27 October, 2009
The post is more like wishful thinking.

I terms of the the homebuy tax credit, my understanding is that the Bill that will get past is reducing the amount of tax credit and will phase it out altogether. The Govt can't afford the tax revenue loss.
ReplyDelete
Replies
AnonymousWednesday, 28 October, 2009
Obama not a lapdog, but a front man. This was always the plan and he won't be doing any of the things you outlined.

Obama is a fraud and always was (and I voted for him). When I saw him drag it 1) Rahm and 2) Timmy and I knew this was were we'd end up.
ReplyDelete
Replies

Add comment

Why Gold?

Gold is the world's oldest currency. You exchange your fiat currency (dollars, euros, yen, yuan) into gold as an insurance policy against catastrophic Central Bank and Government policies which serve to destroy the value of fiat currencies and destroy democracy.

Gold can ONLY be considered an investment to the extent that it remains significantly and historically undervalued in relation to the fiat currencies against which its value is measured. Otherwise it remains the world's oldest currency and is completely free from the counterparty risk associated with currency by Government fiat (i.e. fiat currencies rely on a Government's "full faith and credit.")

Quote Of The Month Courtesy of "Jesse"

Unfortunately for Larry Summers, Ben Bernanke, and their friends at the BIS, they have not yet figured out how to print physical gold, silver, and other essential commodities, and the world is reaching the point where it might simply start ignoring the New York based markets with respect to essential commodities such as basic materials, oil, foodstuffs, and the like, as they become increasingly irrelevant, fraudulent, and Orwellian. And then where will the financial engineers be, except with no more excuses and no place to hide?

Here is the link to his entire commentary, well worth a read:

http://jessescrossroadscafe.blogspot.com/2010/07/gold-daily-chart-shock-and-awe-for.html

Great Quote From Jim Rogers On Govt CPI Reporting

JR: I mean, we have inflation now. If you go to the shop, whether it’s groceries, or education or insurance or health care, prices are going up for everything. The government lies about it in the US. Some countries lie, many countries don’t: Australia, China, India and Norway. Many countries don’t lie about it and acknowledge that we have inflation. Others lie about it, the UK and the US, but if you go shopping you know prices are up.

Q: Are you saying that the American Consumer Price Index (CPI) published by the US Bureau of Labor Statistics is a lie?

JR: In my opinion, yes, of course it is. Have you looked at it? They’ve changed their accounting several times in the past few decades. When housing was 20% to 25% of the CPI and housing was going up, they didn’t count it, saying rents weren’t going up, and then when home prices started going down, they counted it. It’s the same with many things. It’s staggering some of the tortuous reasoning that the BLS has used over the past 25 or 30 years. When the price of gasoline goes up, they say it’s not really going up because it’s better gasoline, better quality, therefore you’re getting more for your money. I mean, it’s endless, the stuff that they say and for some reason people sit there, although more and more people are catching on, and accept what the government says.

source: www.clusterstock.com

Quote of the Week

"The primary function of a Central Bank is to engage in the massive transfer of wealth from the middle class to the wealthy elite. The Federal Reserve was set up to do this with the blessing and support of Congress." - Dave in Denver

If you refuse to believe the above, please read "The Creature From Jekyll Island: A Second Look at the Federal Reserve" by G. Edward Griffin and then explain to me why the Senate voted down the Vitter Amendment and Congress refuses to pass a law requiring a full audit of the Fed, even though the Fed is using taxpayer-backed money to bailout Wall Street and Europe.