September 26, 2008 by Frank Lynch.

Historically, every time the Federal Reserve has taken over a bank or savings and loan, the failed institution has been seized by the Fed’s staff arriving at the target institution’s headquarters after the close of business on Friday night, so that the public has the opportunity to adjust to the shock over the weekend, and so that there will not be a run of withdrawals the next morning.

This time, it would appear that the Fed was manipulated by politics regarding the public opposition to the Democratic Congress’ support of Paulson’s $700 billion, no strings attached, gift to his colleagues on Wall Street.

By Thursday afternoon it was clear that the Republicans in Congress had finally decided to listen to the wishes of the voters, and were refusing to go along with the Democratic Finance Chiefs Senators Chris Dodd and detached Barack Obama.

So the Fed attempted to panic the public by taking over Washington Mutual on Thursday night instead of over the weekend.

The Fed is part of the criminal conspiracy seeking to panic the public and the ignorant buffoons in Congress into a fearful stampede or else the world will end!

This is contemptible manipulation of the public through false fear, identical to the strategy of fearful stampede into the second Iraq war.

Thursday’s seizure of Washington Mutual by the Fed is a despicable attempt to use fear and panic to stampede both Congress and the public into a totally wrong and incredibly absurd course of action.

The $700 billion gift to Wall Street makes no sense at all and does nothing to treat the root cause of our problem, which is the permission of the government to financial institutions to bundle mortgages into tradable security packages.

The first step in curing the problem is to outlaw CDO and CMO packages, because they separate accountability from risk, thereby encouraging what should be criminalized activity bu unscrupulous mortgage lenders.

Paulson’s and the Democratic Congress want the bailout package to include “adjusting” individual mortgages downward, not to the new market value of the home, but to what the borrower can afford. Who determines, and by what mechanism, what the borrower can afford.

The adjustment provision goes far beyond socialism: it is pure Communism and abject redistribution of wealth.

No financial system on earth, and no nation, can survive is the government haas the authority to “adjust” individual’s debts.

The bailout package may well be the end of America.

Call your Congressmen and tell them you oppose every aspect of the bailout package.

Current laws and the operation of the Federal Reserve are everything we need for the markets to reach equilibrium. No intervention by government can make the oversupply of housing disappear.

Local governments and pressures within the Democratic Party to seze the foreclosed homes, or to use taxpayer dollars to repo them, and use them for low cost community housing is nothing but the purest form of Marxist Communism that will bankrupt America.

Every elected official who supports the Bush/Chris Dodd/Barack /Obama/Democrats bailout plans should be impeached, AND I mean it.

Then go to these sites and tell your elected officials that you “OPPOSE THE BAILOUT”

http://congressorg.capwiz.com/congressorg/directory/congdir.tt

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September 21, 2008 by Frank Lynch.

In the final destruction of all the wonderful laws passed by a thoughtful Congress and Franklin Delano Roosevelt to protect the American people from the excesses and corruption that caused the Great Depression, your totally incompetent government  taken the final steps to maximize the corruption of our financial system.

The last two major independent investment banking/ stock brokerage houses have now officially become commercial banks.

Don’t believe me? See:

http://federalreserve.gov/newsevents/press/bcreg/20080921a.htm

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September 8, 2008 by Frank Lynch.

Paulson’s bailout of Fannie Mae and Freddie Mac just returned the $376,000,000,000 of their debt owned by the Chi Coms to AAA status, and guaranteed Communist China will collect every penny of principal and interest.

 Isn’t our government great?

Wait for your tax increase to pay for it.

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August 22, 2008 by Frank Lynch.

When the Shiites were killing us on one side, Al Qaeda was killing us on the other side, and the Sunnis were killing us all around, General Petraeus convinced the Sunnis to stop fighting against us and instead to fight against Al Qaeda.

Simultaneously Petraeus used the fresh troops from the surge to suppress the Shiites.

Petraeus also paid cash to the Sunnis, provided arms, and most importantly promised them that the Sunnis would have a role in the Iraqi government.

 The result was that the Shiites realized we would put in enough troops to suppress them, instead of just running home in defeat as Senator Nobama vainly wished. Facing a never ending supply of US troops, the Shiites laid low.

When the Sunnis joined us in expelling the foreign Al Qaeda fighters, Al Qaeda was defeated in Iraq, and shifted to Afghanistan were there are fewer American troops.

But the Shiites, while temporarily laying low, consulted with their sponsors and fellow Shiites who run Iran, who in turn consulted with their sponsor, Vladmir Putin.

The three devils, Putin, Iran and the Iraqi Shiites, together decided to ‘request’ that America withdraw its troops according the the time schedule set forth by The Chosen One Hussein Obama.

Since Shrub Bush and Senator McSnore are stupid beyond belief, they are agreeing to respect the wishes of the ‘democratically elected’ (Hitler was democratically elected)Russian/Iranian backed Shiite Minority Government of Iraq and are setting up for withdrawal.

Overjoyed beyond belief that we are falling for this Obama/Putin/Iran withdrawal timetable, the Iraqi Shiites are unable to restrain themselves until we are gone, and have already begun the genocide against the Sunnis.

The Shiite Iraqi Army has already begun to disarm the Sunnis who had been fighting on our side. They have been killing Sunnis again, just like they did in 2004, in 2005, in 2006, and in early 2007.

The Sunnis are saying “Hey, Petraeus promised us a voice in the government, but you Shiia are killing us again, and taking away the guns Petraeus gave us. How are we to defend ourselves when Al Qaeda comes back?”

And the Shiite respond by putting dead or alive bounties on the heads of our Sunni allies.

God help us, because both the Democrats and the Republicans are too stupid to notice that this is happening.

And Senators Nobama and McSnore are too stupid to ever figure out what to do about this unfolding betrayal and genocidal tragedy that, if unchecked, will leave the Extremist Shiite Dictators of Iran in total control of Iraq.

With the backing of newly re-emerging Russia under Putin, the Russian/Iranian block will take control of all the Eurasian/MidEastern oil, and we will see $15.00 a gallon gasoline faster than you can sing “Where did all the Sunnis go?” to the tune of Joan Baez’s “Where did all the flowers go?”

In the meantime, the Democrats will still be arguing about whose back yard to put in the wind turbines and solar panels, and the oil companies will be selling all the oil from offshore drilling to China.

And you and I, dear fellow Americans, will be paying giant taxes to pay off the mortgages of the deadbeats who bought houses they couldn’t afford, while paying $400 to fill up the gas tanks of the horribly designed Indian mini-cars, which will be all we can afford.

Start learning how to grow your own vegetables.

While the Shiite Extremists eat Russian caviar and drive Rolls Royce’s.

And the Chosen One Hussein Obama parties on the White House Lawn.

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August 10, 2008 by Frank Lynch.

Here is another example of the censored future which America will suffer as Chinese Communists extend their influence worldwide.

 Their Olympic motto of “One World, One Dream” conveyed to ingnorant Western reporters who do not speak or read Chinese is accurately translated as “One People, One Dream” and embodies the Chi Comm philosophy of the Chinese People controlling the world.

The Han Chinese word for the nation we call China is actually “The Center of the World.”

An example of how the worst dictatorship the world has ever seen distorts the world perception of their actual harm follows:

A team from Cambridge Environmental Research Consultants, who were working on a project funded by the European Space Agency (ESA), turned their forecasts of air polllution and smog into a graphic map of the city, colour-coded by whether each district would pass official Chinese pollution standards for the Olympic Games, with daily updates.

At first it was freely accessible, but after earlier complaints by the Chinese authorities, it was restricted to users by password only.

But on Friday, the day of the opening ceremony, the quarter of Beijing in which the Olympic Green is situated was coloured green on the map, marking an air pollution index (API) of 101-150. The government’s safe limit is 100, and the city authorities’ figures put the API at 95.

The reason for the “green” colour was high levels of particulates, known as PM10. Again, while the online map gave a fail for the Olympic Green, the figures for the nearest monitoring station in Beijing showed a pass.

Later on Friday afternoon, subscribers to the website received an email saying the site would no longer be visible.

This is absolute censorship by the Communist dictatorship and a blatant violation of the Chinese Government contract with the Olympic Committee as a prerequisite to hosting the Olympic Games.

Not to mention the ChiComm’s violation of their contractual obligation to permit full uncensored access to the internet by foreign journalist. The Chinese Communists are fully censoring internet access by Western journalists,  including monitoring all of their transmissions of news to the West.

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