Government To Take Over Certain Banks? Brilliant!

Every time I think the government could not possibly do anymore to agitate me, they prove me wrong. The latest brilliant idea is for the government to take ownership stakes in certain banks. Which banks? No one seems to know.

Remember when the $700 billion bailout was going to fix all of this? That seems like such a long time ago.

What is particularly galling is how flagrant the government’s behavior has been recently. Well, to be fair, it has always been appalling but they are not making any effort to hide their intentions anymore. They seem to be under the impression that the money they have is theirs to do what they want with. I am not sure but, at least in theory, the money belongs to the US taxpayer. Shouldn’t we get any say in the matter?

On top of that, Henry “King of the World” Paulson seems to think he has the power to do whatever the hell he wants. Here is his latest comment on the bank takeover proposal:

“We have a broad range of authorities and tools. … We’ve emphasized the purchase of liquid assets, but we have a broad range of authorities. And I’m confident we have the authorities we need to work with going forward.”

Notice how he casually drops the word “authorities” in there 3 times? Another way Paulson could have phrased it is, “We will do whatever the hell we want to do and there is no one that can stop us”. I used to think that my crazy conspiracy friends who spewed about the “New World Order” and a centralized world government were as nutty as fruitcakes. Could it be they were actually right about this?

What is also remarkable is that neither candidate has a word to say about any of this. Of course, that actually makes sense since they are equally complicit in this skulduggery. This move to executive control in government has been building for years now and it now seems unstoppable.

So, I guess I will build my bomb shelter after all and start hoarding necessities. I wonder what they will name the new money that they will start printing soon. It can’t be the Euro since that is too small in scope and already being used. i guess it could be the “world dollar”. That sounds nice.

1984 was a little late getting here but it has arrived in a big way. I knew I should have got on that comet to heaven with those guys with the black sneakers.

(PS: Could we get those guys at AIG some more cash? They want to take another trip. Thanks Hank).


2 Responses to Government To Take Over Certain Banks? Brilliant!

  1. sandysays1 says:

    So lets fight back. See my blog.

  2. deigratia says:

    “World events do not occur by accident: They are made to happen, whether it is to do with national issues or commerce; and most of them are staged and managed by those who hold the purse strings.”

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