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A sense of unease...

Okay. I'm thinking the economy is indeed in trouble.

Why?

The Sharper Image filed for bankrupcy.

So did the Lillian Vernon catalog retailer.

And Hillary's got a plan to fix it all.

The sad thing? There's people out there who DO believe that it's all Bush's fault, and Hillary will make it all better.

Ah, well. Interesting times ahead...

J.

Comments (1)

After looking at the connections between international banker Nadhmi Auchi I have one and only one thing to say about the current 'banking crisis':

Let them fail.

The US picked up after the 'S&L crisis' and note that very few made it to the docket on that, nor were their ties to other institutions examined. When BNL went down in the US, it was never investigated fully and that is due to the inroads of the lenders and bankers involved made to the officials of each of the Reagan, Bush and Clinton administrations, the last coming in on a promise to examine it and then shelving that when Hillary was found on the board of a company supporting BNL.

BCCI got the 'glossy treatment' by John Kerry, which is, perhaps, his ONLY achievement as Senator and it was done by staff, not him. Not a single one of the top 5 problems identified in the BCCI probe were done, including pulling over high level illegal arms and banking groups.

The Red Mafia penetration of the Bank of New York, Clearstream and utilizing off-shore banks and institutions is something that even 8 years after it came to light is *still* vexing investigators in the US, UK, France, Russia, Germany...

BNP-Paribas, the lovely creature of Nadhmi Auchi, is intimately tied with Saddam's rise to power, tied into the Al Taqwa banking system of al Qaeda, Iranian banking and investment systems via Marc Rich's work, and had its own, corrupt, Al Mahdi system of banks and financial institutions, that would all be joined with the Red Mafia work in the mid-1990's.

That single interworking enterprise allowed for cocaine transactions in China to go through corrupt banks not only in HK and Macau, but the mainland and Taiwan, filter through the that inter-network and then show up as multiple, minor, investment outputs for local operatives in San Francisco. The high levels of fraude in places like Citibank, M&T bank, Bank Republica and others that were interconnected with this via the BoNY system, spread that North to South in the Americas.

Banking 'crisis' on poorly made loans to those who should have known better?

Uh-huh.

Let 'em fail. Along with those unwise enough to invest in them.

The clean-out of criminals, terrorists and money launderers has not even *started* on an international scale due to its size, complexity and utilization of multiple tax, financial and other loopholes that were lobbied into place over the preceding decades.

Please, let this unravel so we can, finally, start picking up the threads to this mess and start removing the support of the lobbyists, political groups and industrial groups behind this system... oh, wait... that is 'bipartisan' so it will never, ever happen as the corruption is 'bipartisan'.

Of course they want to 'bail out' these companies... they are stocked with their friends and a source of funds for them!

The more I think about Jackson's Bank Veto message the more I appreciate it. It contained this lovely passage:

"In the full enjoyment of the gifts of Heaven and the fruits of superior industry, economy, and virtue, every man is equally entitled to protection by law; but when the laws undertake to add to these natural and just advantages artificial distinctions, to grant titles, gratuities, and exclusive privileges, to make the rich richer and the potent more powerful, the humble members of society the farmers, mechanics, and laborers who have neither the time nor the means of securing like favors to themselves, have a right to complain of the injustice of their Government."

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