Friday, September 26, 2008Len Hart
Twelve bank failures in 2008, perhaps more by the time you read this. What's Next? Cancelled elections? I hope you like your soup thin and served up by the Salvation Army.
For quite awhile, I had been waiting for the other shoe to drop, perhaps, another 911 triggering the rescension of posse commitatus, habeas corpus, the outright declaration of martial law. Habeas corpus fell of a thousand cuts some time ago. Rule by decree was effected with 'signing statements'.
Bush declared: "The Constitution is just a goddamned piece of paper!" A legend in his own mind, Bush fell short of absolute power to rule absolutely and absolutely without Congress, the courts or the 'people'. However ineffective they may have been, the emasculated trappings of democracy lingered and grew stale.
Is 'this' manufactured crisis, this bail out of Bush's base of rich elites --'it'? To be expected from a mass murdering liar, Bush has lied about the 'crisis'. According to The Hive, the total cost of the bailout will be much more than $700 billion.
700 B for mortgage related costsI wrote the following in October of 2007:85 B for AIG
200 B for Fannie/Freddy Mac
300 B for FHA insured loans
29 B for Bear Sterns
1.3 Trillion dollars
At a recent press briefing Bush was asked about Vladimir Putin's plans to hold on to power when his term runs out. Bush smirked and quipped: "I've been planning that myself." We should take Bush at his word. We should take that remark just as seriously as his recent veiled threat of World War III. We should take it as seriously as we should have taken his remark about how much easier it would all be "...if this was a dictatorship!"Simply, the mechanisms by which Bush achieves his permanent dictatorship are in place. As banks continue to fall, another terrorist attack may not be required. [See How a Second Terrorist Attack Will Benefit George W. Bush]So I told people [European leaders] that if you're interested in avoiding World War III, it seems like you ought to be interested" in ensuring Iran not gain the capacity to develop such weapons.How seriously should we take Bush's offhand remarks? His quips and unguarded remarks are the only truths to come out of his mouth. That applies to sinister references to summary executions in his 2003 State of the Union address: "Let's just say they are no longer a threat to the United States of America." It applies as well to his wistful longing for "dictatorship". Certainly, Bush is articulate only when he speaks of death, torture, vengence, warfare, execution, or punishment. He never stumbles, he never struggles to find the right word to describe pain, death or suffering!!
--George W. Bush, Sociopath-in-Chief
...But in July, we filed some FOIA requests anyway. We asked five Justice Department offices for documents produced or revised after August 2001 "addressing the feasibility, advisability or lawfulness of deferring, rescheduling or canceling a US national election."
Measured against our standards, the Bush administration is a catastrophe. Measured against Bush's hidden agenda, he is very near to achieving what Richard Nixon could not --an absolute dictatorship in the United States.
Bush has reduced the Congress to a debating club, the Supreme Court, a mere advisory panel. Sadly, it is SCOTUS who helped write themselves out of a real job. Fools!
Bush has declared 'this' a 'national crisis'. But the ground work had already been carefully laid. Gen. Tommy Franks was quoted in Newsmax on November 21st, 2003 that '...if the United States is hit with a weapon of mass destruction that inflicts large casualties, the Constitution will likely be discarded in favor of a military form of government." At a time when banks are toppling like dominoes, it will hardly require another 'inside job' like 911 or, indeed, any 'attack' of a military nature. The GOP conspiracy with an elite of just one percent of the nation will suffice.
In October 2006, Bush signed into law the John Warner National Defense Authorization Act for Fiscal Year 2007. Quietly slipped into the law at the last minute, at the request of the Bush administration, were sections changing important legal principles, dating back 200 years, which limit the U.S. government's ability to use the military to intervene in domestic affairs. These changes would allow Bush, whenever he thinks it necessary, to institute martial law--under which the military takes direct control over civilian administration.It was asked: "would they go that far?" Simply, yes! The Bush Regime must be recognized as the most extremist, most imperialistic in US history. Bush, literally, dared the world to oppose him with his doctrine of 'pre-emption', a war crime in and of itself. John McCain has sought to wear the purple, promising to wage Bush's endless war, promising to stay in Iraq 100 years, 10,000 years if that is required.If McCain had not sold his soul for the hope of gaining the Oval Office, would Bush have openly declared his intention to retain the Presidency for himself --indefinitely? I think so! If Bush is seen to have been but a puppet of the ruling elites, the actions of lap dog McCain make sense. McCain hopes to be no more than Bush's third term. Bush himself will flee angry mobs or --worse for him --prosecution for his many war crimes and domestic capital crimes like mass murder and high treason.
Sec. 1042 of the Act, "Use of the Armed Forces in Major Public Emergencies," effectively overturns what is known as posse comitatus. The Posse Comitatus Act is a law, passed in 1878, that prohibits the use of the regular military within the U.S. borders. The original passage of the Posse Comitatus Act was a very reactionary move that sealed the betrayal of Black people after the Civil War and brought the period of Reconstruction to an end. It decreed that federal troops could no longer be used inside the former Confederate states to enforce the new legal rights of Black people. Black people were turned over to the armed police and Klansmen serving the southern plantation owners, and the long period of Jim Crow began. --Bush Paves the Way for Martial Law: 2007 National Defense Authorization Act overturns Posse Comitatus Act
No one learns the lessons of history. As peasants starved and revolution neared, Marie Antoinette was accused of saying "Let them eat cake!". Later, the proto-typical gopper, Herbert Hoover, coughed up his own version: "Let the poor sell oranges from a push cart!" I say: "Let George W. Bush blow it all out his sorry ass enroute to the dock where he will be charged with the capital crimes of high treason and mass murder.
I will leave you with this update:
Washington Mutual, the giant lender that came to symbolize the excesses of the mortgage boom, was seized by federal regulators on Thursday night, in what is by far the largest bank failure in American history.Regulators simultaneously brokered an emergency sale of virtually all of Washington Mutual, the nation’s largest savings and loan, to JPMorgan Chase for $1.9 billion, averting another potentially huge taxpayer bill for the rescue of a failing institution. The move came as lawmakers reached a stalemate over the passage of a $700 billion bailout fund designed to help ailing banks, and removed one of America’s most troubled banks from the financial landscape.Customers of WaMu, based in Seattle, are unlikely to be affected, although shareholders and some bondholders will be wiped out. WaMu account holders are guaranteed by the Federal Deposit Insurance Corporation up to $100,000, and additional deposits will be backed by JPMorgan Chase. --Government Seizes WaMu and Sells Some AssetsSource: http://existentialistcowboy.blogspot.com/2008/09/crisis-portends-bushs-third-term-and.html