Added on November 25, 2008
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bankers , Charles Lindburgh , conspiracy , engineered economic collapse , financial collapse , financial system , history repeats , mortgages , robbing taxpayers
Revealed by US Congressman Charles A. Lindbergh, Sr. from Minnesota before the US Congress sometime during his term of office between the years of 1907 and 1917 to warn the citizens of the dangerous intentions of the bankers.
We (the bankers) must proceed with caution and guard every move made, for the lower order of people are already showing signs of restless commotion. Prudence will therefore show a policy of apparently yielding to the popular will until our plans are so far consummated that we can declare our designs without fear of any organized resistance.
The Farmers Alliance and Knights of Labor organizations in the United States should be carefully watched by our trusted men, and we must take immediate steps to control these organizations in our interest or disrupt them.
Added on November 25, 2008
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bailout , bankrupcy , banks , Barack Obama , Bear Stearns , Bretton Woods Dollar , Chapter 11 , Citigroup , Congress , Democrat , Depression , dollar , Economy , financial system , GM , Goldman Sachs , Henry Paulson , jobs , Lehman Brothers , markets , recession , republican , Republicrats , taxpayers , Treasury Secretary , US Congress , Wachovia , Wall Street
F. William Engdahl
Global Research
November 24, 2008
On Friday November 21, the world came within a hair’s breadth of the most colossal financial collapse in history according to bankers on the inside of events with whom we have contact. The trigger was the bank which only two years ago was America’s largest, Citigroup. The size of the US Government de facto nationalization of the $2 trillion banking institution is an indication of shocks yet to come in other major US and perhaps European banks thought to be ‘too big to fail.’
Paulson demanded, and got from a labile US Congress, Democrat as well as Republican, sole discretion over how and where he can invest the $700 billion, to date with no effective oversight. It amounts to the Treasury Secretary in effect ‘spitting into the wind’ in terms of resolving the fundamental crisis.
The clumsy way in which US Treasury Secretary Henry Paulson, himself not a banker but a Wall Street ‘investment banker’, whose experience has been in the quite different world of buying and selling stocks or bonds or underwriting and selling same, has handled the unfolding crisis has been worse than incompetent. It has made a grave situation into a globally alarming one.
