Showing posts with label Bernanke. Show all posts
Showing posts with label Bernanke. Show all posts

Wednesday, March 18, 2009

Follow that money!!!

A commenter on the previous post with the Alex Jones documentary asked this about my posting it: "Really, why post this when it's implausible and steeped in conspiracy thought?" To which I replied: "I posted the video - sans commentary - not to be coy, but because: 1) I'd really like to know what people think and 2) I don't discount the validity of ALL of it (Call me a conspiracy-theorist-in-training if you like, I can take it.)! Okay, so the glass-tracking chip may be a little Manchurian Candidate-ish, but when it comes to the money thing, and the "installation" of the Changeling? I've been thinking about those things for a while now - long before Alex Jones and this documentary. And as we look at what is/has been happening, you have to admit that "following the money" definitely leads us to some really dark places." And then today, I read this on dcexaminer.com: "Big AIG bonuses got nod from Fed." Particularly interesting in the piece were these little tidbits:
  • American International Group’s unpaid CEO Edward Liddy said the company’s board has been in close consultation with the Federal Reserve since November about whether to hand out the $165 million in bonuses it issued to its top employees last week...
  • “Am I to understand you’re saying that Chairman Bernanke or his designated person at the Federal Reserve was informed that you were going to make these payments and acquiesced in that decision?” A puzzled-looking Kanjorski said.
  • “Yes,” Liddy assured him. “Everything we do, we do in the partnership with the Federal Reserve. The Federal Reserve is at our board meetings, at our compensation committee meetings, at our various meetings on strategy. And they have the ability to weigh in either yea or nay on anything that we decide...”
  • The company works with the Federal Reserve Bank of New York, which was headed by Geithner before he took the helm at Treasury in January.
  • Liddy said he did not know if Geithner was involved in any of the meetings about the bonuses.
  • “We do not know a single thing of strategic importance without talking to the Federal Reserve,” Liddy said. “What we have assumed is that our discussions with the Federal Reserve were being properly communicated with others.”
Just because a thing seems "implausible and steeped in conspiracy thought," doesn't mean there's nothing to it. And what's even more interesting is that according to ABC News, just a day before Liddy's revelation, His Bilderbergness, Bernanke, in a letter to Sen. John Kerry said, "The Fed had "limited rights" in its oversight of AIG and was not in a position to review or approve all of the specific compensation or other expenditures" at the insurance company." (emphasis mine) I don't know who it is, but somebody is lying about all this. Geithner's appointment was immediately hinky to me, given his hand in this whole alleged mess(Come on! Bernanke said it could probably be over by the end of this year - even though he just said there would be "no quick recovery" back in October of 2008). And if this whole recession thing is not engineered, it definitely was at its worst on Geithner's watch as Fed-Head, working hand-in-hand with old buddies Paulson and Bernanke to hand over all that TARP cash remember? Then, add to that, his uh, tax issues and it makes no damn sense at all why he would have even been nominated - much less appointed - our head Dollar-bill guy. But he was. And the Changeling is right, he is the (installed) president of the United States - and he chose Geithner. And not only that, he's standing behind him as calls for Geithner's head spread in Congress - for right now anyway (anybody else smell exhaust fumes coming from that big old bus under which he is wont to toss those he no longer needs?). So, should anybody else be worried about having to squeeze under that bus? I don't know, but this, from a November 2008 Wall Street Journal article, is worth filing away until 2010, "...as Mr. Obama reshuffles the deck of national economic policy makers, Mr. Bernanke's fate is all of a sudden more obviously in play. Mr. Obama must decide next year whether to reappoint Mr. Bernanke. One of the president-elect's advisers -- Harvard University economist and former Treasury Secretary Lawrence Summers -- looms as a possible successor." Hm-m-m-m-m, Summers could be in line to head the Fed? Now didn't Alex Jones cover him in the documentary? If it quacks like a duck...
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