What Does Bush Have to Do With the Current Financial Crisis? »
Posted By ADAGUY 9 months ago in Political NewsA short story that might help you understand how investment Banking became so corrupt.
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ADAGUY
Self employed since 1973, and live in small town USA. Spent many years in construction trade. Commonly support candidates who support working class citizens. Not ...
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Goppy9 months ago
In the words of pc25, FSU, Wolfie, luvmylibs (joeeddie) ... why isn't Mainstream Media covering this?
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ADAGUY9 months ago
Makes you wonder what lies around the corner that we have yet to uncover!
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hyperbola9 months ago
Well, we will see if the closet door gets opened this time. The Bush family has been involved in this kind of thing for four generations now - ever since great grandfather.
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A Government of Thieves
Part One - the Scandal of the Bushes
... The aftermath
After World War I there were enquiries into the huge and senseless slaughter during that monstrous conflict, and into those who benefited by it. In one such, people such as Samuel Bush were labeled Merchants of Death when it became clear both that large armaments companies had deliberately fostered an arms race to stimulate their business and that some officials had conspired to assist their wholesale profiteering.
Strangely, most (but fortunately not all) of the detailed US records of the Samuel Bush wartime transactions later disappeared from the relevant Archives and have never been recovered. This pattern was not to be unique. The present President has busily censored damaging reports, tried to block enquiries, and sealed off many records from public scrutiny, some permanently. Wherever the Bushes have been, "cleaners" seem to follow them.
In 1944 Samuel Bush's Buckeye Steel was to be awarded a huge government arms contract, to make armor casings for shells. For a second time this Bush was to profit from" fighting the Germans", this time a Nazi state that his own son had been instrumental in founding and nourishing.
The revulsion that followed World War I led to attempts to regulate the arms trade, and prevent arms dealers from ever again entering into corrupt alliances with politicians and military personnel. Today, however, under the Presidency of George W. Bush the appalling situation that existed prior to W.W.I now prevails again in America. A Government of "war from business and business from war" now controls the world's only superpower. And once more the Bush family thrives as others suffer and die. Let's continue the full story with the next generation of the Bush family....
http://www.e-book.com.au/electionspecial04.htm -
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Leemck029 months ago
Spadecaller, no need to look we know already. This issue couldn't reach this level of crisis without the president's knowledge or sheer stupidity. Fannie Mae isn't the reason either.
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ConsAreNonGrata9 months ago
Cons talk who gets donations from the sector. Guess that's better than talking about who WORKS in the sector.
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Never play to your weaknesses, smear instead in the Con Culture of Lies and Incompetence. -
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ADAGUY9 months ago
Found more interesting stuff on McCain.
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http://www.propeller.com/story/2008/10/06/lets-not... -
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flyonthewallzz9 months ago
"Corruption of Blood was part of ancient English penalty for treason. It was usually part of a Bill of Attainder, which normally sentenced the accused to death. The corruption of blood would forbid the accused's family from inhereting his property. Such bills and punishments were often inflicted upon Tories by colonial governments immediately following independence."
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http://www.usconstitution.net/glossary.html-
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flyonthewallzz9 months ago
Article. 2 Section. 3 Clause. 2
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"The Congress shall have power to declare the Punishment of Treason, but no Attainder of Treason shall work Corruption of Blood, or Forfeiture except during the Life of the Person attainted."
http://www.usconstitution.net/const.html
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not2needy9 months ago
Looks like Bush planned to have all the money in the country except a few cents that they will grudgingly leave for paupers to scramble after in his wake. God don't like ugly, he will get his, and his little dog too!
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ADAGUY9 months ago
"a very suspiciously timed crisis"??????????
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When will you ever wake up and recognize the corruption in front of you? -
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ADAGUY9 months ago
Go read this, and then come back and tell me where Chriss Dodd , Cox, or any other member of congress fits it!
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http://www.cbsnews.com/stories/2008/10/05/60minute... -
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Leemck029 months ago
If Bush is the President, and Commander in Chief, then yes. He spent the first 4 years blaming everything he failed at on Clinton. In another 4 the excuses are thin. He was elected to correct things and failure to do so is his blame. Being the Top Executive, the decision maker, for the nation's business is what he was elected for. Think about all the power Bush and Cheney grabbed, they have no excuse for not having their policy done. The congress is there to represent the people, to prevent a decider from overdoing it, having been given the collective power to override 'an' Executive decision. So blame all of the congress, if any, but remember the Rubber Stamp years back to even Clinton. When are you unwilling to hold this President accountable for not doing a good job? Let's do this the other way, say why the President isn't accountable. Please say what did he do that benefited the middle or working class (never mind the poor). AIG failed, how did he sit back, like Katrina, and not take responsibility for the fallout? Fannie Mae is his fault too, he has the power and resources to know and act though the Congress has oversight. Is the nation protected? I said several times, never mind the Middle East terrorist, we have 'W' to destroy the nation economically from with-in.
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cowboygrandpa9 months ago
WTF, Highly corrupted SOB'S think they are above the laws.
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Not God's laws. Glad I won't see you in hell Bush, because I won't be there with you and all those like you.
Oh I'm a sinner alright, just not one who wants to sin like you. I can see he has no turning from his sin. I repent and turn from the evil.
The Bush family seems to open its' arms and welcome and embrace it.
Wow, wouldn't want to be in his shoes come judgement day. Going to be mighty hot and dark there.-
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Leemck029 months ago
I'd like to see him pay on this side of the grave. All the people his leadership caused to lose their lives, property and futures, we need to see him pay in front of us. He is above the law we now see. He could have resigned but he stayed to get a bail out for his ineptness. We should expect more than a President that didn't know his VP shot a man in the heart until 3 days later. Someone that is so bold to take the people for a fool should be impeached with 2 days before an election, not withstanding the overnight global meltdown, caused LOL by Fannie Mae.
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Leemck029 months ago
Not to pick on Bush, but sometimes a person's reputation places them in a position of a no confidence vote. This president is known to have the "Friends and Family" administration. No way we could get to the financial crisis without utter indifference to the people. Are we to believe Fannie Mae is the cause, the scape goat, for Enron, World comm, Auto company closure, the 1000's of banks and global melt down? Somebody profited, and it isn't the American middle or working class. What good is your tax cut when you have to give it back in lost opportunity for education, health or quality of life? I'll give an extra $3,000 on top of normal tax for a $50K job. The jobs are gone. Enough 'Friends and Family', let's vote for change, clean house. Who thinks for one second Palin will be Maverick enough to go against this kind of money and power? She can't do without a script. McCain can't get support from his party, who know this same money and power got them where they are and may return the rubber stamp congress again. Vote for change and we the taxpayers should let them feel the results of their greed. Put new management (Obama) in to go into the offshore accounts and get our money back. Shut down the companies that are too big to fail, and support smaller companies to take up the supply for demand. By the way, why does "too big to fail" sound like a monopoly? Get Dodd, Franks or any of the Rubber Stampers from the other party (some in jail now), no matter how high up it goes and get this straight; punish the profiteers. We couldn't get companies where the only thing that separated their financial operations from gambling was twisting the law (Gaming laws actually applied). Omission or commission,that buck goes to the President's desk. Correcting it starts with voting for change.
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Will13139 months ago
Bush was able to pay back all factions that backed him.... and still get some for himself and friends....
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Oil.. Iraq.. not to steal their oil.. only to limit supply... oil companies paid back with record profits...
Defense contractors.. Iraq... no splain'n necessary on this one..
Bankers.. current financial crisis.. it's a crisis for you and me.. but not really for them..
and finally for his REAL INSIDER BUDDIES... Saudi's .. Carlyle Group...
THE DOLLAR... the fall of the dollar... for insider traders.. would have resulted in ENORMOUS GAINS... investment in Euro futures.. or shorting dollar futures for investors with just a few billion to "gamble".. would pay off our national debt and have some left over... TRILLIONS UPON TRILLIONS on a relatively small 10-12 billion invested with the knowledge that the president and his financial gurus would "allow" the dollar to fall...
TRILLIONS.. with a T...
and the real good part of all that.. currency traders are not traceable or the money earned is not taxable...-
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Leemck029 months ago
We can't find Billions in cash that left the treasury without proper tracing, going to Iraq. Who got fired or investigated for that? That was enough to bail The California Governator out, still leaving some change for Alaska and a couple of other states. The Iraqis are sitting on billions, did we get paid back?
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hefaa19 months ago
And now Treasury Secretay Paulson was the former co-CEO of Goldman-Sachs another firm we just bailed-out. This is just one big happy family.
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