The gloves are off in the battle to shape our "new world order", observes Eric Walberg
The American Recovery and Reinvestment Bill passed this week will define Barack Obama's presidency. But it is really just the younger sibling to the Troubled Assets Relief Programme. To separate the now trillions being handed out to the banksters from the $800 billion being handed out to the lottery winners is to be ingenuous. The elder sister's patrons are already blackmailing mama Obama, wailing for more trillions or they will plunge the economy into even greater financial crisis. "You ain't seen nothing yet," they hissed to Treasury Secretary Geithner, who, according to economist Michael Hudson, quickly "pledged government financing for as much as $2 trillion....to spur new lending and address banks' toxic assets, seeking to end the credit crunch hobbling the economy."
Read more @ SOS
No comments:
Post a Comment