This episode featured an extended discussion of financial oligarchy, banking fraud, and government corruption. Mark Koernke and guest speakers analyzed the 2008 financial crisis as an engineered event orchestrated by Wall Street bankers and the Federal Reserve, detailing how derivatives, toxic assets, and accounting fraud by major lending institutions precipitated the collapse. The program examined the $700 billion TARP bailout and subsequent multi-trillion-dollar Federal Reserve interventions, arguing these represented massive wealth transfers to financial elites while ordinary Americans bore the costs. Speakers critiqued the Obama administration for continuing Bush-era policies on surveillance, indefinite detention, war expansion, and corporate capture of regulatory agencies, characterizing Obama as a puppet of offshore banking interests. The episode also covered media consolidation, the Federal Reserve's lack of transparency and accountability, and calls for auditing or nationalizing the Fed.
You have to train tactics, the strategy, and the bigger the pile. Somebody picks, somebody sides you. And the psychological we've got in of what is the urgency, knowledge, and the definition of individual uncertainty because it's taught what the insurgents should do and act before the needs of the people, a possibility of an insurgent, the people's needs are met. And also the variation, because it used to, they're tank of gas. But then we get into this type of warfare called insurgency, the people auction on it, competing with the people, the people come to strategic terrain. And, well, don't we, the human, trust me again, I'll tell you. I just, a bunch of people speculating about things. So the reasons, you'll notice that Kavanaugh and Arabia, again, the criticism of glory to get to July the first, people dying down there, records again. about all this here in the United States, over the number of them, and then taking them into Mexico for the use by the cartels. I go about things a little differently. You're gonna do a job there, rather than tell you these little teeth here in the United States, but in New Zealand and China and Asia and the Middle East and consumer cals video and the technology there and since the inconceivably shoot and create and edit the sound in the music and DVDs, the personal great video making relatively distribution and the marketing remained difficult. Indian films concentrated in the bomb speaking world of identity and continues to play a prominent part. Little, no direct government cinema has bolted in a rapidly greedy industry, churning out some 200 home video. Thousands of people. Hollywood has no studios and filmmakers shoot movies on Nigeria and off NewTekna, the video can't wait to the digital descendants And the filmmakers are now replaced with music and other post-productive, common computer-based systems. There are films outside Hollywood, out of Nigeria and local countries. New titles to Nigerian shops and markets. Every week video movies are available and even the most remarriable areas of the content or popularity among the avid communities oriented, most category would be the internet because the internet works. accessible network of interconnect computer networks. Network trans by packet switching using the standard internet protocol consists of domestic academic mental networks, pages, and documents of common usage. The internet and the worldwide web, the internet computer networks linked by copper wires, five optic cables interconnected by hyperlink, and uniformed resource locators. Now towards the end of the 20th century, the advent of my web, more than an individual could have a means of exposure to that of the mass media. At this time, anyone with a website could commentary the content, authenticity, and my ability of information contained in web pages. And in many cases, anyone can create the internet to reach around the globe within minutes, to centralize communities, to change mass media population as acts of internet was concentration in North America's percent. And on the internet as just content and content, their internet service police sites was making the possession distribution of certain material illegal to protect against side components. We're going to give you how to recognize the other people, kinds of bad names. Like from 3 October 2018, Antonio Martinez, predominance of the hydrocarbon theft in the municipalities of Antonio Martinez Fuentes of hydrocarbon trying to displace red triangle and web to the clashes between the criminal organizations. In 2018, 1,800 of the sabotage of the railway track and the looting of the group trains in the fuel till June of this year, more of 2007 was reported for January to June of 2018, more robberies are committed to trains than in all of 2007, according for agency. The ART last year, there are 550 steps. The cables and diesel body of the Ministry of Communications and Transportation. Meanwhile, at least 12 complaints are so far here, period. In 18 hours seized and secured weapons in reconnaissance were the sympathy Another group of 23 and 11 caliber monitoring vices and freedom over the date has prohibited the Connell's fire or any facility hydrocarbons. The first time that the control judge imposed ordinary measures was linked to the fuel from the pipelines of IE Pemex. And the delegation of the Republic in the state of Mexico used a time of illegal possession of hydrocarbons according to the investigation lease detained almost RRE and Oscar C on the highway and the direction of other place neighborhoods placed. And carrying out a routine inspection of vehicles, tank or type in which 20,271 liters of hydrocarbon were transported, the two persons could not prove their legal possession for the reason the agents who linked them to the necessary measure of place location, they were with the re-accused who were remain in prevent the tension until the is placed. Don't go nowhere ladies and gentlemen, we'll be in the downhill slide. Please help keep the micro effect on the air by supporting the sponsors and supporting work itself. Thanks for tuning in today and we'll be right back. Don't go nowhere. Now you can feel that squeaky clean sensation like none other with Vitamer toothpaste and mouthwash. Vitamer toothpaste and mouthwash is a unique natural formula not found in any other oral care products. With a gentle combination of zinc, folic acid, myrrh and clove oil, Vitamer effectively whitens teeth, removes plaque and freshens breath and it does it naturally without any harmful chemicals. 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And in terms of licensing, larger or foreign markets or to avoid focusing on the marketing may use developers to create software. A market need the publisher identified in the world by where industries of United States domestic environment because individual liberty and freedom of speech protected by the United States with action content. Now in the public commons individuals exchange almost every precept or lead in many of the foreign formation power section of what we're going to this thick audience because little mass media regulation existed in the United States before the creation of the Federal Radio Commission in 1920. and the telecommunications media would function from then on. At the time, the radio technology was widespread. The public and magnetic spectrum re-approvated the spectrum government and ranges to private parties as long as they broadcast radio commercials. Radio broadcast is NBC, successfully patch of broadcast licenses, and this mini amateur broadcast which had mostly company communications act of 1996 of deregulation solidified the previous history of privatizing the utility defining its common no define the legislation touted as petition and actually large companies and it continues as he sees for 2003 approved new media ownership laws removed many of the restrictions previously imposed on the limit of media, the company ownership of the media, it is now permitting 45% in that market. Second, the restrictions on newspaper and TV ownership and TV channels, magazines, newspapers, cable and internet services are counted and weighed on the people's average tendency on that medium. Your channel actually means news is no longer considered in V-networks and radio stations per cent of the media each, as long as there are other companies over a cent. The previous requirements for the periodic review of licenses have changed since they are no longer reviewed for public interest considerations. Now, depending on one's perspective and political view, such media considerations is capable of dominating the power to deliberately craft, manipulate, and disseminate information from the advance intended message or theme to a domestic target audience. Now, in opposition to trends, some US citizens promote a production and distribution model of media democracy that theoretically informs and empowers all members of the society and enhances democratic values. A modern social movement in many other countries that attempts to make media more accountable to the public they serve and to create democratic alternatives. And citizens face this concept of the social movement, the assertion that increased support of the mass media leads to a perceived shrinking of the marketplace of ideas. And its proponents advocate monitoring and reforming the mass media, string public service broadcasting, participating in the media and journalism. Because in addition to becoming a concept and advocacy organizations, methods and moreover, since the session of and the hostility to corporate dependent spectrum is immediate democracy efforts which anti-capitalist even anti-American agitation ironically are one of the central issues routinely at the right end dominated by defining the term, the concept broadly encompasses the following notions. The health, the political system, the transmission of social political society. The media has the conduits of this information and have increasingly been unable and uninterested to fill in this role the increased concept of ownership in the corporation's practice of democracy or undermine this motorist debate. This concept of interest lack a voices turn it into media or one put our media democracy fund public radio broad subject to the pressures as provided distinct yet content public broadcasters are subject of funding in which jeopardizes the operate the public broadcasting editorial object to the editorial those who approve and provide grants which depth jeopardize its The next one, today's broad alternative, and the citizen. Now, as a response to the asserted shortcomings of the mainstream media, the proponents of media democracy often advocate supporting and engaging in independent and iconic media. Through citizen journalism and citizen media, the individuals can produce and disseminate information and opinions that media marginalizes. Practically anyone can now easily and cheaply publish certain content on the web of opinion is presented. Microactivity and the credibility are endlessly the United States domestic media. The television was the plan. Nobody said this was going to be easy, ladies and gentlemen. I guess. We come up on the end of broadcast with the things that the email that somebody just sent to me a text that no doubt the internet is a pantherless dream as we covered quite a bit non-violent resistance yesterday on how to get the 198 different methods to let resistance upcoming a wax it just seems over 2018 that's a Friday but on here in a couple of minutes thank you for that word out block this that they would never allow another country to rise up as powerful as America will never be allowed to happen again. And he said the best thing we can do is to tear down all the factories, all the top commerce of the United States and level it and give it back to nature. So that was the advice on this character, who was tremendous power at the United Nations and was picked up and ruined by Rockefeller himself. Over the past decade, since the Kennedy assassination approximately, you've had an ongoing oligarchical transformation of virtually every country in the world. And in the United States it's taken the form of an oligarchical counter-revolution against the reforms of the 1930s with the Wall Street interest asserting itself as more and more dominant. And once bankers and oligarchs have power, the things that they do you could call them a policy, you could call it something like a tropism, it's like the way a plant responds. Naturally, since they're oligarchs, they're going to try to downgrade the standard of living of the vast majority of the population. They're going to claim that the world is overpopulated, that Industrialization, industrial pollution and overpopulation are the main problems that face the world. And they're generally going to try to crush and mortify any kind of popular democracy or mass movements with any kind of progressive content. When the nations rise and fall, they knew how debt could never be recuperated. They knew that disease or prolonged war could wipe out the population and the future populations that pay off debt. So these guys all work together. That's why it's no surprise that today you have Lord Rothschild coming out pushing the latest scam or religion that we must all believe in which is global warming which his personal bank, his family's bank in Switzerland will be in charge of. They've run the system, the whole economic system of the world for the last two and a half hundred years. So why shouldn't they also run the economic system for the next few hundred years? where we find that oligarchy is a constitution full of many evils where the rich dominate the government by buying it and the average individual or the poor count for absolutely nothing. Oligarchy is a frame of mind. In other words, if you're a banker, this is already a world view. It's a world outlook and it implies the policies that have got us here, right? Malthusian policies, zero growth policies driving down the standards of living. attempts to wipe out all kinds of mass institutions that might be a countervailing force. This is a scientific dictatorship which veteran Russell said and the Huxley said, both Aldu and Julian Huxley said they would bring in the scientifically controlled society. It's not just family planning, which really means abortion and so on, it's global planning. which is literally sterilization of abortion worldwide for the ideal reduced society and not just across the board through genetics, through the genome projects through the constant IQ testing. Globalization has economically destroyed the world. You've got at least 40 to 50,000 people who die every day worldwide from starvation, malnutrition and diseases which can be cured for pennies such as diarrhea. And if you ask one of these Malthusian oligarchs, don't you think that something should be done to raise the standard of living in Africa or South Asia? They say, no, we can't do that. That would wound the planet. That would oppress Mother Earth. So that's oligarchy. Class consciousness in this sense is absolutely essential. If you think that bankers are the same as you, you're wrong. F Scott Fitzgerald once told Hemingway, you know, the rich are different from us and Hemingway said yeah, they have more money and F Scott Fitzgerald replied No, it's something much deeper It's a whole different world to be an oligarch to be a Rockefeller or something of this sort Means that you're in a completely different world with values which are the reverse of human values now If you allow the oligarchs to continue to dominate, the destruction of world civilization is a matter of a few decades at the very, very most. So, choose. Force their agenda through. The elites are employing one of their favorite tools, artificial crisis creation, also known as the Hegelian dialectic of problem reaction solution. You never want a serious crisis to go to waste. What I mean by that is an opportunity to do things that you think you could not do before. The Earth's ruling elite are first and foremost Monopoly men. The founder of the Rockefeller clan summed it up simply when he said, competition is a sin. Rockefeller himself said that petition was a sin. And people crypted that thinking it was one of his little jokes. He made many jokes about stealing pennies and stuff like this. But in reality he was telling you the truth, that competition to a man like him who worked for a much larger organization, competition to who he was, a sin. And the cartels have been formed ever since, have become much bigger, more powerful cartels which can literally command governments sometimes to go to war on their behalf, have occurred. The economic crash of 2008 and 2009 was an engineered crisis designed to cripple sovereign nations globally to make way for a world currency and a new bank of the world. China's holding what? 1.5 trillion worth all over the world. They're holding US currencies They want to get out of them in a way where they're not going to lose on their investments There's going to be a world currency. There's going to be a new reserve currency They're going to push it through the IMF. That's going to be the Banksters that are going to be in charge of it. It's going to happen It's going to happen sooner rather than later. There was also a question to Geithner Do you think that the US dollar ought to be replaced? And he blew it. He had a moment of candor where he said, yeah, we're considering that. So on that day, the dollar went down 1% within a couple of minutes. His comments about the global currency is not off the table because it's not off the table and it's going to come. The whole world is ready to bail out of bucks. They just want to do it in a way where they're not going to lose on their investments. That's all that's going on. All the people around the world, the Japanese who have a trillion, the Chinese who have a trillion, the Saudis have a trillion, the Europeans, something similar, they're all going to dump it at the same time. The rush for the exits. And that will then create hyperinflation. When America finishes supplying the non-power and the military, for standardization of the world into the one system and they want a secular world society. With the hints of greening and year worship versus demabilities reasons, America is finishing off this agenda, the recruiting the rug from underneath Americans at home at the same time towards the larger stages. When the dollar starts to slide, and this was always the nightmare of Paul Adolf Volcker, who is now sitting in the Obama White House, Once the dollar starts to go, there's nothing to stop it. There's no useful way that you can stop it once it begins to gather momentum. So I think we're facing the probability of some form of dollar panic combined with hyperinflation sometime during the Obama presidency. They're now pulling the rug away from under the feet of the people. They're becoming rapidly a non-manufacturing country. Any country that can't manufacture its own goods even for self-defense, therefore, is no longer sovereign, independent, and is able to sustain itself, which tells you that this is all part of the plan. It started with the very beginning when you established that there was a Federal Reserve System given the power of the state to create money out of nothing. and to do so without any regard to the will of the people, without any regard to what's behind the money system. In other words, strictly political and economic motives for the bankers and the politicians. Once you've granted that power to a group, the Federal Reserve System, The economic crisis was inevitable. This has happened before. Every time in history when the government was given the power or a group of banks in conjunction with the government was given the power to expand the money supply at will, those economic systems always wound up in crisis and always collapsed. So there's no reason to believe that the United States was given some kind of a get out of jail free card, an exemption from the processes of history. So the economic crisis began at the very beginning and as a matter of fact when the founders of the Federal Reserve System met on Jekyll Island back in 1910 and were drafting the Federal Reserve Act, one of the things they discussed was how to pass on the inevitable losses to the taxpayers. They knew that inevitably something like this would happen and they knew that there had to be some way to get out of it without destroying the banks, of course, because they were the banks. And they said, aha, we'll go into partnership with the government, we'll take our cartel agreement and pass it into law, call it the Federal Reserve Act, and we'll make the taxpayer come online and be responsible to bail us out if and when when the failure finally comes. Who's going to soak up the derivatives? Who's going to soak up the debt? Who's going to be penalized? And right now it looks like Wall Street's getting bailed out and the little guy in the middle of Main Street America are all going to pay the penalty. Can the economy be turning around here, are happy days here again, and can we actually have growth without jobs? Is this an oxymoron jobless recovery? We're going into the greatest depression. There will be no job growth. Unemployment will continue to escalate along with its so-too prime. Poverty, kidnappings, forced nappings. and the more things spin out of control, the harder the hammer is going to come down by the federal government to keep everyone in control. Power is much, much more important to them than money is. Money is only a waste of the means. Power is the end result. The elite's main goal is to destroy national sovereignty and individual independence. to consolidate their grip on power. The banks first create artificial debt bubbles that are mathematically impossible to pay back. These are those sinister, toxic assets, the complex financial instruments that they talk about but never really name. They're paper based on paper. They're credit default swaps, collateralized debt obligations, mortgage backed securities, asset backed securities, structured investment vehicles, auction rate securities and so on down the line. It's an immense mass of cancerous, fictitious, speculative paper, bloated in value, impossible to bail out. Triage the derivatives on their books. There's no way to bail out a 1.5 quadrillion dollar black hole of derivatives, but nevertheless they try. The Wall Street cronies are crooks. If you leave the vault to the bank open, these people are going to help themselves. The job of the government is to make sure there's somebody there to make sure the vault is closed and very few people have the combination. I'm William K. Black, Associate Professor of Economics and Law at the University of Missouri, Kansas City. I was a senior regulator in a number of different positions during the heart of the savings and loan crisis. On a staff level, I led the re-regulation of the savings and loan industry. The purpose of regulation and effective criminal prosecution is to make sure that cheaters don't prosper. that honest manufacturers win in competition. The primary driver of the current crisis is accounting control fraud. These are frauds led by the CEOs of the major lending institutions and major banks and institutional buyers of toxic waste product. How did it start? It started with mortgages, particularly nonprime mortgages. In September of 2004, the FBI warned that there was an epidemic of mortgage fraud, their words, and that this epidemic of mortgage fraud would cause an economic crisis at least as large as the savings and loan debacle if it wasn't stopped. The FBI found that 80% of the mortgage fraud was being induced by the lenders, not by the borrowers. You know, much of the rage has been against the borrowers. But if you want rage, it should be at the CEOs who became fabulously wealthy by following a strategy based on fraud. The Wall Street people and their friends here at the Federal Reserve and at the U.S. Treasury and down the Washington Mall here at the U.S. Capitol, that's where the damage was done. And if people want to vent their anger, they need to vent it against these people. Between the Bush-Paulson administration and the Obama-Sommer's-Geithner-Volcker administration, there's really a total continuity of economic and financial policy. Geithner was on board at the Fed, the New York Fed, dealing with all these institutions. He didn't get it. And then we had this fellow who came up afterward, Mr. Friedman. He was on the Goldman Sachs board and he didn't last too long as a Fed chairman. Why? Because he had a conflict of interest. Is it possible that there's so much conflict of interest here that all you folks don't even realize that you're helping people that you're associated with and you should be reputing yourself for America's ethics? I, you know, I behaved with the You don't think you should have recruited yourself when you asked Lehman to go into bankruptcy, you didn't put Bear Stearns in bankruptcy, and then you folded Mayor Lynch into, I mean, isn't there some point where you've got to say, hey, I've got a conflict of interest here? Do you don't feel any kind of scintilla of ethics on this thing at all? Totally. I consistently, within the ethics guidelines I had as Secretary of the Treasury, and when it became when it became clear that We had some very significant issues with Goldman Sachs and with... Why did you recruit yourself then? With Morgan Stanley. What I did then, it would have been very wrong for me to recuse myself. What I did was I went and got a waiver from the ethics agreement because when we had concerns... Who is in charge of the ethics agreement? What? Who's in charge of the ethics agreement that you got a waiver? We have a office of ethics and treasury and we have a White House ethics office. So you got it from the legal counsel from the White House? We got it from the government ethics office. So we had snow, we had pulse, and now we have Geithner. All these people cut from the same bowl of cloth. These are not independent Treasury Secretaries. They're part of the problem, not part of any solution. And it would have been nice to see President Obama effect some change in Treasury, but he, of course, he went and got a Wall Street insider as his Treasury Secretary. Everything that's speculative, parasitical, cancerous, bloated from all these administrations, going back to Carter and even beyond, comes together in the Obama administration. with Volker, with Summers, who's part of the economic cons under Clinton, the guy who brought you derivatives and the abolition of the Glass-Steagall firewall. You could not have gotten a more perfect set up for a takeover from a previous government, the Bush regime, than the Obama regime. Now there are some authors out there already saying that it's the same bunch, and it's true, it's the same bankers who put the same voice forward. Obama Far from helping the public and giving them something you are giving them more power and say over their own affairs has actually sided immediately with the bankers. Once again, once again have robbed the public blind and now they must get bailed out by your tax money. Obama does it all with left cover. He makes you think that he's somehow different from Bush. That this is somehow benevolent. That he cares about the poor. And in reality, this is the cruelest hoax and the most bogus sham. Obama is 1000% devoted to Wall Street interests. When Wall Street says, jump, Obama jumps. And again, it's about $30 to $40 for the bankers for every dollar that ever reaches an unemployed person or somebody who's on food stamps or some infrastructure building for highways. The hope with the Obama administration was that it would move us beyond this. But unfortunately what we're seeing more and more is that Obama has brought in many of the economists who bought into the system in the past. Larry Summers is a very good example. And so many of his economists, many of the people there, you can really almost at this point relate Obama to Hoover, who did something similar in his presidency, as opposed to Franklin Roosevelt, for example, who brought in a very fresh team. So the concern here now is that Obama's falling into this trap of bringing in the same people who put us in the position that we're in today and other people who buy into the same theories that privacy is a mutant form of capitalism. Presumably what most politicians want to come in and say, hey, the problems of the past, they're due to the old guy, and I'm cleaning house, and I'm going to bring in a new team, and don't blame us for the things we've inherited. Can't say, you know, those policies of the past that came before were insane because you've got the guy that was one of the key architects of those policies. People need to stop having allegiance to their political party. They need to have allegiance to the Bill of Rights, the Constitution, and what has made our Republic so special. The basic human rights and dignity that every citizen of this country inherently has. Not because it's some right given to us by government, but because our Bill of Rights, our Constitution enshrines that these are inalienable rights given to us by God. That we inherently have as sentient, free, conscious beings. But instead the public cheers on the Republicans as they win, or cheers on the Democrats as they defeat the Republicans. It's an endless, staged, gladiatorial event, special interest to own both parties. and they project this false Left-Right paradigm up as like a movie screen. And behind that, behind the throne, the establishment is able to control our society and engineer it into this high-tech police state. If you try to let the finance oligarchs who created the crisis turn around and say they are the doctors who are going to get you out of the crisis, they will dig you deeper and deeper into the bottomless abyss of world economic depression, financial collapse and disintegration. The Democrats have really done more to destabilize the American economy and to help the big banks on Wall Street than the Republicans have done. I would imagine that the Republicans know a little bit more about finance and markets enough that when someone like Goldman Sachs asks for the Congress to change laws as they did in the 90s to do away with position limits on the futures contracts, the Republicans would have said, no way. That's completely inconsistent with any notion of a fair market. But the Democrats, I was feeling, are just not financially literate enough to say no. And I think that Goldman has very shrewdly positioned themselves with the Democrats because the Democrats typically, like many NGOs that I've run into, they seem to have a complete inability to comprehend these issues of markets and finance and how it relates to social justice. So under the Democrats, we also saw the repeal of Glass-Steagall. Glass-Steagall said there's an inherent conflict of interest between the commercial banking side, which is the lending side, and the investment banking side, which is taking an ownership position. And we have to end this conflict of interest by separating these two entities. You can have investment banks, and you can have commercial banks, but they have to be separate. Do you think that the repeal of Glass-Steagall was a tragic mistake? No, I don't think so. You could be a commercial bank, like Chase Manhattan, or you could be an investment house, like JP Morgan, or a bank like Bank of America, or an investment house like Merrill Lynch. But you couldn't be both. And as the 90s went on, the screaming Aina's of Wall Street were demanding that this prohibition, this regulation, be abolished. This was an illegal and inappropriate form of casino. The derivatives were being used and they were being unregulated and people were getting 30 to 1, 40 to 1, 50 to 1 and sometimes 100 to 1 profits on the way up. And remember, derivatives are a zero sum game. So there's nothing there. It's not like a piece of stock in General Electric or Ford or something like that where there's supposed to be some value. Derivatives have no value. But the very people, Summers and Gettner and all the people at Goldman Sachs and JP Morgan who created these things, made not millions or billions but trillions on the way up. And now that these things are crashing, the very same folks The very same folks are now put in charge of regulating these things and in charge of the bailout and they are giving money to the very rascals that created this problem, took the profits. The problem cannot be fixed and this is on Obama's watch right now. You have so many different schemes and mechanisms at play. It's sort of like after there's a blackout, you know, people in some parts of the country have been known to salute the local stores, you know, they go in, they grab the televisions, and they grab the stereos. And basically that's what the Wall Street gang has done. They've just engaged in this massive looting of money from their own companies and now from the US Treasury. There was a lady called Brooks Lee Bourne. She was the head of the Commodity Futures Trading Commission under Clinton. And she said, look, we have these derivatives, why don't we at least make them reportable so we know how many there are and where they are. and she writes in a biographical account. She said, I picked up the phone and Larry Summers was screaming at me that I was interfering with the wonderful inventiveness and ingenuity of Wall Street and their ability to come up with new financial products such as these derivatives. Brooksley-Born was the chair of the Commodities Future Trading Commission, CFTC, which regulates many financial derivatives. And she said there's a grave danger out there in the form of these credit default swaps. And credit default swaps are an exotic financial derivative or moderately a financial derivative that were sold on a bright shining lie that they were supposed to make markets more efficient. In fact, they allow utterly insane gambles and they're really great devices for accounting fraud as well. She actually says I'm thinking of adopting this regulation. The Clinton administration goes berserk and in particular Larry Summers but also Rubin. Now behind Larry Summers there's another layer, Bob Rubin of Goldman Sachs the Clinton administration and Citibank. And he also thought that derivatives were a wonderful thing for the U.S. economy and he made sure that they were never regulated. Also, we can't forget Alan Greenspan over at the Federal Reserve. Now, you look at Summers, he is sitting in the White House today making policy for Obama. Summers tells Obama what to do, Summers tells Geithner what to do. He's also got some of his hatchet people in the administration. Mary Shapiro runs the Securities and Exchange Commission. She refuses to ban naked short selling and other market manipulations. He's also got another guy called Gensler. over at the Commodity Futures Trading Commission today. He is an acolyte and a supporter of the derivatives bubble. We've made the new CFTC chair a guy who had helped to kill Brooksley Warren's reform initiatives. And we just did this under the Obama administration. This was a pre- registered pre-organized predetermined event. Anybody who knows that if you allow the banks to become unregulated financial institutes with tsunami-like weapons of mass destruction-like financial instruments like derivatives to allow that to run up to levels that are 50, 100, 200 times the gross domestic product. With no value, they know that they are taking the profits on going up, but they also know that the end result is the destruction and gutting of this economy. at a time of their choosing. They purposefully implode the bubble. that they can trade around without taking any risk, it doesn't cost them any money, and if they do make a mistake because they're, as George Bush said, oh the bankers on Wall Street are drunk, it is uncertain. There's no question about it. Hopefully you've got drunk. Let's say they walk in one day, they push the wrong button, and they lose their bank a billion or five billion or a hundred billion, they can appeal to the government to bail them out. Totally asymmetric relationship between bankers and the rest of the economy. If they make a mistake, they get bailed out. If everyone else makes a mistake, they get put in jail, called a terrorist, we never hear from them again. but it's a more sophisticated form of slavery. And we're going through it today. We see the taxation is going up all the time with the supposed crash of the banks that was not happening out of the blue. It was set up for this time. They could have kept it going for another few years if it suited them and then crashed all the bubbles. But now is the time, as you see in the writings, now is the time. One of the great benefits of an economic model from an economist standpoint is you can basically get whatever results you want and you can manipulate the inputs to make that happen. And that makes it a very easy tool to use to hoodwink other people. These manufactured, these engineered financial catastrophes are the result of a central banking system that has the ability to add and subtract credit, add and subtract dollars and money at will to create this roller coaster effect. Because unlike most people, the banks are able to make profits as easily on the way down as they can on the way up in any given situation. Volatility is great for banks and professionals. Volatility is not great for the most average people. Their operatives in government and media then hold the economy hostage by issuing the ultimatum. Give us unlimited bailout money or the economy dies. What's being used is what I call to try to get the money to what I call the suicide threat. Where, you know, if anybody has ever seen the movie Blazing Saddle, the sheriff is surrounded by hostile town folks. He takes out his gun, points at his head and says, you know, Don't move or I'll shoot. Well, that's what the big banks are saying. Give us unlimited cash or we'll die. And if we die, you'll die because we're too big to fail. It is a false flag attack because Hank Paulson will get up in front of Congress and say, we need $700 billion because that thing, that existential threat, the market, It's attacking us and we need this handout to fight Mr. Market. Mr. Market is out there. We need to fight Mr. Market. It's an existential threat. Meanwhile, he is Mr. Market. He's the one causing the problem. We had Paulson, a representative of Goldman Sachs, who happened to be running the US Treasury, came forward with a hysterical briefing for the Congress saying we, the Wall Street bankers, demand $700 billion in bailouts. So they say, yes, we'll give you all the money you need. Well, why don't you know these are arsonists Paulson Tim Geithner Bernanke the arsonists they're asking for more matches and the Congress is saying who do we make the check out to who do we send these matches to? Who do we send the matches to? Is a ton of matches enough? Can we send you some gasoline about those matches? Well, yes, please don't change our management Don't pay us what assets are worth pay us way more than what our assets are really worth. Don't make us use honest accounting. Allow us to lie. We've just, under congressional pressure, changed the accounting rules for the express purpose of making sure that the big banks don't have to report honest losses. The only way they can pass this bill is by creating and sustaining a panic atmosphere. That atmosphere is not justified. Many of us were told in private conversations that if we voted against this bill on Monday that the sky would fall, the market would drop two or three thousand points the first day, another couple thousand the second day, and a few members were even told that there would be martial law in America if we voted no. That's what I call fear-mongering. We have You know, people in the government threatening martial law or things to get their way in the executive branch against Congress. You know, if you put all these signs together, it doesn't look good at all. To the extent we are a democracy, we're sort of a hair-breath away from a police state. Congress aided the bankers in carrying out the biggest heist in history with the so-called banker bailout of 2008. The bailout money, the 13 trillion or so dollars that have been given to the banks is sitting on the balance sheet of the banks and that is incurring interest costs and that's going to precipitate the need to flush the system with more cash and at some point the dam will break and you're going to have very high inflation, some predict hyperinflation. You cannot print phantom money out of thin air backed by nothing and producing practically nothing without destroying the world economy. So unless we cut out the toxic funds, the toxic elements of this economy, every time we put in money on this bailout, it's just feeding the fire. It's not making things better. What should have happened is that those banks and investment banks should have been seized. They should have been seized by the Federal Deposit Insurance Corporation. Those are zombie banks. The Chase Manhattan, JPMorgan Chase, Bank of America, Citibank, Wells Fargo, Wachovia, someone down the line to AIG in the insurance realm. These are zombie institutions, insolvent, bankrupt. The only thing to do with them is to seize them, put them through Chapter 11 bankruptcy, that'll probably turn into Chapter 7 bankruptcy liquidation. And above all, triage the derivatives on their books. There's no way to bail out a 1.5 quadrillion dollar black hole of derivatives. But nevertheless, they tried. They will, of course, try to regain some of this money back, but the debts unlike any other parade in history, are now a quantum size bigger than the entire global GDP by a factor of 50 to 100. It's almost infinite amount of debt. If you really look at the numbers because of the massive, massive debt, and right now total debt in this country is about 375% of the gross domestic product. And that's not including derivatives. If you put the derivatives in, It's probably 20 to 30 times gross domestic product is beyond what anybody has ever even considered. While they were looting North America into the ground, the international banking syndicate was simultaneously executing the same scam in over a hundred other nations. So who got the money? Two financial institutions in Europe and other countries? Which ones? I don't know. half a trillion dollars and you don't know who got the money? Well Obama's got one difficulty with this Congress, it's the number of freshman Democrats that got elected. Many of these people know that they got their seats from, many of which got seats in the Senate and Congress from long held Republican seats. They know that the people back in their states and in their constituencies will not tolerate this any longer. So up against the Republicans and the Blue Dog Democrats, or these freshman congressmen, Democratic congressmen and senators, and they're not, they don't seem like they want to go along with the program. So if there's any hope, it'll come from these freshmen. The Constitution says no money shall be drawn from the Treasury, but in consequence of appropriations made by law. Do you think it's consistent with the spirit of that provision of the Constitution for a group like the FMOC to hand out a half a trillion dollars to foreigners? Any action by this Congress? Congress approved it in the Federal Reserve Act. When was that? Not a long time ago. I don't know the exact date. It's 1914, I believe. I don't know whether this provision was in 1914 or not, but the Federal Reserve Act was in 1913. Alright, and at that time the entire gross national price of this country was well under half a trillion dollars, wasn't it? It's safe to say that nobody in 1913 contemplated that your small little group of people would decide to hand out half a trillion dollars to farmers. What the bailout legislation really did was give a blank check backed up by US taxpayers to offshore megabanks. Of course, Congress has oversight if you read the Constitution. Our founders were very clear, anything to do with taxes and money is put into the hands of both houses of congress together. Both houses of congress together must approve it. Because it's a buck, because that's why we fought the revolution. Taxation without representation was part of it. Foreign banks, such as the general of France, about 10 billion for a French bank. Deutsche Bank of Germany. Did Deutsche Bank need the money? How much did they get from the bailout? Well, they told us they got 12 billion from the bailout. And Quarkley's Bank of Britain, 10 billion. So you're up to almost 50 billion dollars to bail out a series of foreign banks that were derivatives counterparties of AIG, plus Goldman Sachs. This is the biggest swindle Not only in the history of the United States, this is the biggest swindle in transfer of wealth in the history of the Western countries. And we've seen all these cronies from Wall Street with the combination for the vaults around the country and they've just looted the Treasury and the banks and the securities industry dry. This is probably an order of magnitude. the biggest fraud in over the next 10 months 23.7 trillion was stolen from the US Treasury gentleman from North Carolina Mr. McHenry Thank You Mr. Chairman and the tune of 23 trillion seven hundred billion dollars worth of taxpayer exposure for the bailouts is quite striking the calculation right now is that with Obama we've got 24 trillion dollars as a line of credit available only to Wall Street banks, insurance companies, credit cards, mutual fund companies and others, but only financial institutions. Twenty-four trillion dollars of money from the Federal Reserve, from the Federal Deposit Insurance Corporation, and from the Treasury in the form of the bailout of October 2008. The Federal Reserve The private holding company for the offshore banks arrogantly told Congress and the American people that it was none of their business what the private banks did with the people's money. One very interesting exchange. Senator Bernie Sanders of Vermont asking for an Yankee. We have given upwards of two trillion dollars to various financial institutions. You've got to tell me, where did the money go? And Bernanke simply stonewalls and says, I won't tell you. financial institutions will apply for these monics? There is no subsidy, there is no capital involved, there is no gift involved. It is a collateralized, short-term liquid loan that is both over collateralized and recourse to the company itself. We have never lost a penny doing it. And how can other institutions make, get those loans as well? According to the law, we are supposed to be lending to depository institutions. Let me just say this, Mr. Chairman. I have a hard time. understanding that you have put $2.2 trillion at risk without making those names available, those institutions public. And we're going to introduce legislation today, by the way, to demand that you do that. It is unacceptable to me that that goes on. Behind me, the Federal Reserve is probably the least transparent agency in the federal government. One could even argue that the Central Intelligence Agency is more transparent than the Federal Reserve. The fact is, is that the American people want to know more of the secrets of the temple as the book was, before you were born. The secrets of the temple. The Fed, as you know, is just a monopoly by the bankers. This is simply putting the foxes in charge of the hen house. Personally, I'd be in favor of Congress just nationalizing the Fed and getting the bankers out of there. They're just stealing from the American people, put it directly in the hands of Congress, and let Congress decide, rather than this cabal of bankers deciding their own rates of profit at the expense of the American people. Since the Federal Reserve's creation in 1913, patriots have labored tirelessly to alert the American people to the true nature of the Federal Reserve. Throughout its 90-plus year history, most Americans falsely believed that the Federal Reserve was a government agency. But today, scientific opinion polls show that the vast majority of the public is aware of the fact that the Federal Reserve is a front company for an offshore private banking cartel that dominates not just the United States, but almost every other nation on Earth. It's never been written about in any book that I've found as to who gave these giants the authority or permission to be The international bankers for the world. Why would you even need international bankers? Why would any government agree to use them? Why would you need to use them? Why can't any country face one money? That tells you there was already an existing superstructure already in existence maybe two, three hundred years ago to give these guys permission to somehow be the overlords of all money for all countries. Polls also revealed that 75% of Americans demand a public audit of the secretive organization. By the summer of 2009, Congressman Ron Poll's bill to audit the Fed had gained more than 280 sponsors in the House. But the private Fed's high-powered lobbyists were able to block a vote on the bill in the Senate. That only piqued the public's interest. I have another amendment. I have been informed that the majority plans to block consideration of this amendment, which is number 1367, regarding the transparency at the Federal Reserve. Madam President, I'd like to call up amendment 1367. Without objection, the clerk will report. Chief Senator from South Carolina, Mr. Dement proposes amendment number 1367. Senator from Nebraska. I make a point of order against the Dement amendment that it's legislation on appropriations. The point of order is well taken. The amendment regrets the objection. The people began asking themselves why couldn't there be an honor to the Federal Reserve? The Fed has never once been audited. in the whole period of time, in almost 90 some odd years, that the Feds have been around, the most powerful agency and independent agency, it has never once been audited. This is an absolute crime against the freedoms of this country. Do you think it would cause problems for the Fed or for the economy if that legislation was to pass? My concern about the legislation is that if the GAO is auditing not only the operational aspects of our programs and the details of the programs, but is making judgments about our policy decisions that would effectively be a takeover of monetary policy by the Congress. Is that your position that this bill, if it were to be passed, would interfere? directly with interest rates, setting interest rates? If we were to raise interest rates at a meeting and someone in the Congress didn't like it and said, I want the GAO to audit that decision, wouldn't that be viewed as an interference? I wouldn't think so. This is just reviewing it and you can do what you want. The Federal Reserve has never been subjected to an outside audit. And if you audit them, it's very likely that Greenspan, Bernanke and Volcker might all go to jail. It was announced today, earlier today, that there will be a hearing on HR 1207, the bill to audit the Federal Reserve Bank. This will be the first independent audit in the Federal Reserve's 96-year history, and it's long overdue. Months ago, I asked the Vice Chairman of the Federal Reserve, who received the $1 trillion in funds that the Federal Reserve has handed out to domestic institutions? He said, I'm not going to tell you. And then more recently, the chairman of the Federal Reserve, I asked him who receives the half trillion, we're talking about $500 billion, that the Federal Reserve handed over to foreign central banks. Who did they disseminate that money to? And he said, I don't know. Half a trillion dollars and he doesn't know. It's long overdue. We need to audit the Federal Reserve and I'm happy to say that we're going to have a hearing on that very soon. The only way, really, America can get out of the current mess is you've got to shut the Fed down completely. Get rid of the Fed. You've got to put the money printing mechanism back under the roof of the federal government instead of outsourcing it to the Fed. Why were the banks frontmen, Alan Greenspan and Ben Bernanke, all over the news saying that they were above the law? What is the proper relationship, what should be the proper relationship between a chairman of the Fed and a president of the United States? There is no other agency of government which can overrule actions that we take. What the relationships are don't frankly matter. A grassroots movement demanding that the private Federal Reserve be nationalized exploded in size across the country. The momentum had shifted. Now the arrogant central bankers were the ones running scared. They had planned to use their stage crisis to bring in an all-powerful central bank of the world. Immediately every country was in action at the same time. The International Monetary Fund has mentioned at the G20 meeting to say that it must be brought to its full power. And we need to break in words part two. For world taxation, what is global government? For decades, the media denied it existed. But now they're saying, oh yes, there's going to be a global government, a new bank of the world, and we're going to pay our carbon taxes to it. What is it? It's nothing more than a private, hostile, corporate takeover of every sovereign nation on Earth. And then when you look at the philosophy of these global corporate chieftains, it is one of domination of the poor, domination of the population. It is a view that human life just isn't cheap. No, human life is a negative. And so no matter what they do, they have the rationale that it's in the greater interest to get rid of more human lives. They are so arrogant And they're so sure of themselves, they're saying, yes, we created the European Union, we created the euro, and these are from the people of the Bilderberg. We are going to create a world bank. We're going to create a world government. They're saying it out loud and clearly. Suddenly, across the planet, their regional front banks have been identified by sovereign populations as the illegitimate shadow governments that they are. The controllers had moved too quickly and revealed their hand. Populations around the globe were seeing through the establishment's facade, past the puppet governments, and to the global architects that were pulling their strings. Where are the American people? Why have they lost their dignity? What is stopping them from speaking out? Why have they become little mice? that follow Pied Piper's. How can they look up to these pathetic politicians? I think they're astroterror, you be the judge of carrying swastikas and symbols like that. I'm down leading on helping you. An overwhelming portion of the intensely demonstrated animosity toward President Barack Obama is based on the fact that he is a black man. Desperate. to ram their agenda through. They have played the race in class cards. You start to wonder whether in fact the word socialist is becoming a code word. Whether or not socialist is becoming the new N word. When I hear people going after the first lady and the number of staff people they have, it sounds racist to me. It is essential that the establishment play the population off against each other along the lines of Republican, Democrat, liberal, conservative, black and white. As long as the people are fighting with each other, They can never get together and remove the corporate dictatorship that has criminally seized power through the national security state. Justice George W. Bush betrayed his foolish followers. So must Obama, because his only allegiance is to his offshore masters. President Obama, today nominated Ben Bernanke for a second four-year term as Federal Reserve Chairman. The President called his actions on the global financial crisis bold and bowed of the box. As an expert on the causes of the Great Depression, I'm sure Ben never imagined that he would be part of a team responsible for preventing another. But because of his background, his temperament, his courage, and his creativity, that's exactly what he has helped to achieve. And that is why I am re-appointing him to another term as chairman of the Federal Reserve. So Obama has made it quite clear by his actions, never mind his words, his actions as to who owns him, who he works for, and who he serves. And it's not the American people. It is so obvious to anyone paying attention that the President of the United States is not the real person in control. Whether it is Gerald Ford or Jimmy Carter or Ronald Reagan or Clinton or Bush or Bush. Obama is no different. And to think that he is an independent figure is just crazy. And as Franklin Delano Roosevelt said, Presidents are selective. They are not elected. Obama pledged that he would end NAFTA and GAP and has since fought to expand both of them. Obama promised that he would have the most transparent administration ever and he is already more secretive than Bush and Cheney ever were, even making it a secret who visits the White House. I can make a firm pledge. If your family earns less than $250,000 a year, if you make less than a quarter million dollars a year, If you are a family making less than $250,000, you will not see your taxes increased a single time. You will not see your taxes go up. No tax. Not your income tax, not your payroll tax, not your capital gains taxes, not any of your taxes. Not your payroll tax, not your capital gains tax, not your income tax. No taxes. Your taxes will not go up. Because the last thing you need is higher taxes, but we're in a recession like this, and you won't get one under an Obama administration. Obama made the centerpiece of his campaign the pledge that he'd done anyone making under $125,000 a year. He has since gone back on that promise as well and has proposed new taxes on payroll, energy, mortgage deductions, and scores of other taxes. To let the process work its way through there. It's not. It's not. We're going to let the process work its way through. is looking especially at this issue of capping the deductions for health care that employers and employees now get. That would be an increase, tax increase for many families earning under $250,000, but the president said he was open to it. So that means that the tax pledge he made back in September is no longer operative. Obama said he was going to abolish the Patriot Act. He now vigorously defends it. We saw the same type of flip-flop when it came to warrantless wiretapping of the American people. Look what Obama's done with wiretapping, surveillance. He's brought it to heights even beyond what George Bush, the disgusting levels that he brought it to. So we have more surveillance. Now they're talking about, what is it called? Cybercom? The new Pentagon secret cyber society that's going to be watching over us to get those terrorists. We've got to get those terrorists. So now they'll be invading our privacy even more. So, I mean, it really almost makes you ask the question, would it have been better if we never invented the Internet and had to use paper and pencil or whatever. Now Obama is setting up the Cyber Security Command, which the government admits completely ends the Fourth Amendment and allows President Obama to shut off the Internet in the United States whenever he wishes. Indeed, in today's world acts of terror could come not only from a few extremists in suicide vests, but from a few keystrokes on the computer. A weapon of mass disruption. As part of the new single national security staff announced this week, I'm creating a new office here at the White House that will be led by the cybersecurity coordinator. This new control grid is administered by the Pentagon. They just want to keep tabs on us. So we're turning into a surveillance wiretap government state. The government is taking more and more control over our lives. I can stand here today as President of the United States and say without exception or equivocation that we do not torture. Obama made a show of investigating torture but has ignored the Army's own detailed investigative reports which named the torturers The White House memos document were following the directives of Bush and Cheney, the men who are most guilty for issuing the infamous orders. Some low-level soldiers have been prosecuted for their role at Abu Ghraib, but no senior officer has been held accountable in any of these cases today. Heidi? I know that these debates lead directly, in some cases, to a call for a fuller accounting, perhaps through an independent commission. I propose the creation of such a commission. Expanded Bush's doctrine of indefinite detention of foreigners without trial to holding citizens without evidence indefinitely without ever even committing a crime. President Obama today proposed something new. Something called prolonged detention. Pre-crime is where people are arrested and incarcerated to prevent crimes that they have not yet. The war candidate has continued the war in Iraq. massively expanded the war in Afghanistan and unleashed a new conflict in Pakistan. Now Obama is promoting the biggest defense budget in history, dwarfing George Bush's war machine. What George Bush has been trying to do as part of his effort to accumulate more power in the presidency is he's been saying, well, I can basically change what Congress passed by attaching a letter saying, I don't agree with this part or I don't agree with that part. I'm going to choose to interpret it this way or that way. That's not part of his power. But this is part of the whole theory of George Bush that he can make laws as he's going along. I disagree with that. I've taught the Constitution for 10 years. I believe in the Constitution and I will obey the Constitution of the United States. We're not going to use the fighting statement as a way of doing an end run around Congress. Obama guaranteed that once president he would stop the unconstitutional practice of issuing signing statements through which the executive branch illegally usurps the legislative power of Congress. Congressman Kucinich, when he introduced his 60 articles of impeachment against Bush Jr., I think one was the signing statements. The form of the resolution is as follows. A resolution Articles of Impeachment of George Bush, President of the United States, resolved that President George W. Bush be impeached for high crimes and misdemeanors. Article 26, announcing the intent to violate laws with signing statements and in violation of his constitutional duty under Article 2, Section 3 of the Constitution, to take care that the laws be faithfully executed has used signing statements to claim the right to violate acts of Congress even before he signs those acts into law. Same analysis would apply to Obama and a fortiori because he taught constitutional law. He knows better. He's a lawyer licensed to practice law, as I am, who took an oath when he was licensed to uphold the constitutional laws of the United States of America. With his signature on the spending bill also came Obama's first signing statement, a presidential declaration freeing him from following some of the bill's contents. I believe in the Constitution and I will obey the Constitution of the United States. We're not going to use signing statements as a way of doing an end run around Congress. He also promised that he would call on Congress to take at least five days to renew legislation before it was voted on. When there's a bill that ends up on my desk as president, you the public will have five days to look online and find out what's in it before I sign it so that you know what your government's doing. But from his first day in power, he has aggressively pressured Congress to quickly pass bills before lawmakers and the public even have a chance to see them. It has 1,090 pages in it, but I've understood since debate in here that there's another 300 pages that were added in the middle of the night. My inquiry is, how do I get a copy of the other 300 pages that are here on the floor and I hadn't had a chance to read or see? Where do we get that before we slam this, cram this down on the American people? Is there somewhere physically in the House of Representatives a copy of what we're voting on? The gentleman has not stated a parliamentary inquiry that the chair can ask her. Mr. Speaker, I have to say that I am outraged. Here we are getting ready to vote on a piece of legislation and we haven't even seen 300 pieces of this legislation. No one can even find the bill or even knows where it's at. swore that he would never put lobbyists or donors in his administration. Treasury Secretary Timothy Geithner appointed Mark Patterson, and this is a former top lobbyist from Goldman Sachs, as his chief of staff. And then last week there was a lot of buzz over William Lynn. He was appointed to the number two position at the Defense Department. William Lynn also a former top lobbyist for Raytheon, which is one of the five largest defense contractors. He has now broken all previous records. by cramming his administration full of contributors and lobbyists who openly write legislation being proposed by the White House. There's a good reason Obama doesn't want to give the people or Congress any time to read the bills. Still needing a copy of the other 300 mysterious pages that we don't get to see here. Shortly after the 2008 election. Vice President Joe Biden confided the top supporters that it was essential that their program be implemented at lightning speed because their agenda was so unpopular they knew Obama would lose support quickly. Obama's handlers were in a race to pass a raft of legislation before the people discovered that Obama was just a slicker, updated version of previous puppets. Obama is the New World Orders closer. It's his job to repackage and solidify the tyrannical policies of George W. Bush as progressive and trendy. So part of my job, I think, as president is to make government cool again. Chris Hedges, author of Empire Revolution, explained it succinctly. President Obama does one thing, and Brand Obama gets you to believe another. This is the essence of successful advertising. You buy or do what the advertiser wants because of how they make you feel. Through Obama, the global establishment are now putting their entire program into high gear. Obama is attempting to dismantle the Second Amendment. With more than a dozen victim disarmament bills now in Congress. The key is going to be, I think, for us to come together and say people do have an individual right. And there's nothing wrong with common sense gun laws. cyberbullying bills in the House and Senate would effectively criminalize free speech protected under the First Amendment. It is absolutely true that NAFTA was a mistake. A senior member of the Obama campaign called the Canadian government within the last month to say that when Senator Obama talks about opting out of the free trade deal, the Canadian government shouldn't worry. The operative said it's just campaign rhetoric and don't take it seriously. Amid all of the denials, sources at the highest level of the Canadian government who first confirmed that a call was made, late this afternoon, reconfirmed that a call was made. President Obama is promoting the creation of the North American Union and is attempting to expand NAFTA and GAT. President Obama is pushing nation-ending blanket amnesty for more than 20 million foreign aliens living illegally inside the United States. He's also overseeing the hijacking of health care by the federal government.
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