|Spitzer, Sanford, and soon Barofsky? |
If I was TARP watchdog Neil Barofsky, I'd be checking my
brake lines daily, wouldn't buy any airline tickets in advance,
and would be watching my back.
Elliott Spitzer went after Wall Street and what happened?
Gov. Mark Sanford fought to refuse Federal stimulus (blackmail)
money, and what happened?
And now Neil Barofsky has dropped a "truth bomb" on Wall Street
and Washington, about the real exposure and potential taxpayer
costs from the bank bailouts, which have been hidden under a
cloud of political obfuscation.
So now America realizes the tab of the great bankster-gangster
looting of the US Treasury now totals $23.7 trillion dollars.
A rather inconvenient truth with many, many, zeros attached to
For those who see the dark shadow of socialism, fascism,
corporatism, stateism, collectivism, or communism falling
over America (pick you favorite ism), they all hold one
central political tennant.
"Before you can change to a new system, first you must
completely destroy the old system."
And in case you haven't noticed, that complete destruction
of the old system is well under way.
PS: Did you catch former Fed. Gov. Fred Mishkin on CNBC
Mishkin said that in his entire life as an economist, never
has he been so "terrified" of an economy as he is of this one.
How many times have you seen a (former) Fed Governor use the
He stated that we were on the abyss of a total market meltdown
My question: What's really changed since March, other than
the Animal Spirts, Greenshoots PR Tour by President Obama,
and a barrage of carefully crafted talking points spoon fed
to us by the mainstream media, and an all too obvious massive
front-running prop job intervention in the market by the PPT
and Goldman Sachs et al?
...what's really changed?
Cost cutting, accounting gimmicks, and blatant market interventions
can only defy gravity and reality for so long.
Especially when the agenda is to ultimately destroy the
present political and financial system, so a new one can
They created the problem.
They know what your reaction will be.
And their long ago scripted solution is waiting in the wings.