September 26, 2008, 1:58PM
What is really happening during this Wall Street "crisis"? Power is consolidating into a unitary financial market. After the dust settles we will have far fewer big players in the game. Look at the two-fers! Bank of America gets Countryside Bank AND Merrill Lynch. JP Morgan Chase gets Bear Stearns and Washington Mutual, a Left Coast seizure at a fire sale price. Warren Buffet? He's got Goldman Sachs. All this on Bush's watch in a drama not at all unlike his run-up to the Invasion of Iraq.
Who knows what chips will fall in the future. We havenot seen Mr. Gramm's concerns get into the game yet, but there was a significant disturbance in the force. Lady Rothschild met with McCain, abandoning the Democratic Party after Hillary came up short and Obama was too elitist. Elitist? That coming from a Rothschild is beyond absurd on the face of it. McCain also suspended his campaign and slipped into Washington DC to sabotage the bailout negotiations. What is happening behind the scenes?
The Rothschilds are war profiteers. Our forces are taunting Afghanistan, and we're just days away from the October surprise. If Obama wins, will Dubya leave the US with wars on several fronts on his way out the door? If he learned anything from his father, which can be questioned, that is exactly what we can expect. If McCain wins, well, what would you expect from a war monger? He hardly needs any encouragement. If Dubya doesn't start something on his own, McCain will.
Okay, maybe this is not a pre-planned result, but we can all be certain, when the dust settles, there will be, and already is, a new world order, regardless of who the next President will be.
September 25, 2008, 4:44AM
Seriously! It's 1:30 a.m. my time and it occurs to me that as more information trickles down to we, the people, is Rick Davis still on the campaign, or what's left of it? John McCain suspended his campaign. He related this to the economic crisis, but maybe it's because of his campaign crisis? He's been calling for someone's head since he first realized, long after the rest of the world realized, that the fundamentals of this economy are NOT strong. He could not get it, so maybe now he will have Rick Davis', the man who's as close to Freddie and Fannie as you can be without actually being referred to as Freddie or Fannie.
One thing he did have right, however, and lets give the man some credit here, the American worker remains strong and may soon become all we have left. That is the strong, entrepreneurial, hard working worker without any actual work.
There's been a pattern I've noticed of late with McCain. It's all about him. Take another look! Of course, the son of the son of an admiral might be expected to be in a world that revolves around him. So there was no need to perform in the Academy. He gave just enough to graduate. Then, when it came to flying, there was no need to be good at it. He crashed plane after plane and each time he was given another one, until he went down in Vietnam. He was a POW, you may recall.
Now it seems he can't make it to David Letterman, because of the crisis, [Campaign, or economy? you decide.] but he winds up doing an interview with Katie Couric, stiffing David Letterman and his audience. When he suspends his campaign, he also retracts all the advertising, stiffing the media. Finally, he suggests he will not participate in the debate, stiffing the university left holding a very expensive empty sack, and stiffing all those that prepared for the momentous occassion. Again I ask, crisis of economy, or campaign?
To cover the economic crisis angle one has to wonder, who wants him there? No one! Now this is truly revealing of how mavericks are perceived. They do not run in front, they run on their own. Here is McCain campaign extolling his leadership, but when Congress has to roll up its sleeve and face off with the Adminstration, there's no call to McCain to assist. In fact, quite the opposite. But so be it with mavericks, not to be confused with leaders.
Even if he does go to Washington, he's not on any finance committees so he has no place at the table anway. He merely wants the photo op. Campaigning on the cheap, that is. It will also put him shoulder to shoulder with President Bush and the crisis, but it seems this is the only friend the maverick has left. What brilliant campaign manager ever thought THAT was a good idea, putting him next to the least popular man in the country in the middle of what may very well be the greatest financial disaster since the Great Depression?
September 23, 2008, 3:57AM
There's really no need to embellish this account. It matches with an account I read a few months ago where McCain was on a plane and asked if he could have the window seat. The passenger declined and Johnny blew up. His rant included a simliar, "Do you know who I am" statement. At any rate, this personality also matches the vindictive tales regarding Sarah Palin. They are meant for each other.
http://www.blueoregon.com/2008/09/character-matte.html
September 22, 2008, 3:10AM
Goldman Sach and Morgan Stanley change their status to holding banks and it's perfectly clear which way the rational people will vote this election. They're going for Obama. This is like a giant first step in a 12-step program. These behemouth organizations are admitting they are powerless over their greed and their "lives" have become unmanageable.
It might even be said they've gotten to step two, coming to believe a power greater then themselves, government, could restore them to sanity. Well, the government has exercised its power by bailing them out. The US Government has so much more money then any private organization in the world. Nothing comes close. They're admitting the government has the power and even surrendering to greater restrictions.
This gives us all hope. Now, the comes the critical months when we see whether Wall Street is really committed to recovery, or wehther there will be a relapse. Electing John McCain would signal relapse. There is nothing in his entire 27 year career in the Senate to suggest he has any intention of restraining Wall Street or anything else [except maybe a woman's choice].