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Title: Paulson Was Behind Bailout Martial Law Threat
Source:
Prison Planet
URL Source: http://www.prisonplanet.com/paulson ... ailout-martial-law-threat.html
Published: Nov 20, 2008
Author: Paul Joseph Watson
Post Date: 2008-12-10 13:43:36 by Rotara
Keywords: None
Views: 317
Comments: 18
Inhofe says Treasury Secretary made dire warnings in conference call on September 19th Paul Joseph Watson Senator James Inhofe has revealed that Henry Paulson was behind the threats of martial law and a new great depression prior to the passage of the bailout bill, having made such warnings during a conference call on September 19th, around two weeks before the legislation was eventually approved by both the Senate and Congress. As we reported at the time, on October 2, Democratic Congressman Brad Sherman gave a stunning speech on the House floor during which he decried the fact that, “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 of thousand the second day, and a few members were even told that there would be martial law in America if we voted no.” A few days before, Rep. Michael Burgess also told the House, “Mr. Speaker I understand we are under Martial Law as declared by the speaker last night,” referring to a temporary suspension of the rules and procedures of Congress by its leaders so that a bill can be passed quickly. But the origin of the most dire warnings about physical martial law in America, to which Sherman was likely referring, has now been exposed. Speaking on Tulsa Oklahoma’s 1170 KFAQ, when asked who was behind threats of martial law and civil unrest if the bailout bill failed, Senator James Inhofe named Treasury Secretary Henry Paulson as the source. “Somebody in D.C. was feeding you guys quite a story prior to the bailout, a story that if we didn’t do this we were going to see something on the scale of the depression, there were people talking about martial law being instituted, civil unrest….who was feeding you guys this stuff?,” asked host Pat Campbell. “That’s Henry Paulson,” responded Inhofe, “We had a conference call early on, it was on a Friday I think – a week and half before the vote on Oct. 1. So it would have been the middle … what was it – the 19th of September, we had a conference call. In this conference call – and I guess there’s no reason for me not to repeat what he said, but he said – he painted this picture you just described. He said, ‘This is serious. This is the most serious thing that we faced.’” Inhofe said that Paulson told members of Congress the crisis would be “far worse than the great depression” if Congress didn’t authorize the bill to buy out toxic debt, a proposal “which he abandoned the day after he got the money,” added Inhofe. Inhofe is referring to the controversy last week when it emerged that the bailout money was not going to buy up toxic debt but instead Paulson, the former CEO of Goldman Sachs, had pulled a bait and switch and ordered the money be injected directly into banks. Senator Inhofe has slammed the secrecy surrounding the destination of the bailout money, saying that Hank Paulson could have given it to his friends and that the “blank check” must be cancelled now. Inhofe is now trying to rally support for a freeze on what’s left of the initial $350 billion of bailout money with his “roll back the bailout” proposal, which will also require an affirmative vote on the part of Congress to approve Treasury’s plan for the remaining $350 billion. Watch the clip from Inhofe’s interview below. Poster Comment: Complete and total consolidation is almost complete.
Prison Planet.com
Thursday, November 20, 2008
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#5. To: Rotara (#0)
Inhofe is referring to the controversy last week when it emerged that the bailout money was not going to buy up toxic debt but instead Paulson, the former CEO of Goldman Sachs, had pulled a bait and switch and ordered the money be injected directly into banks. Senator Inhofe has slammed the secrecy surrounding the destination of the bailout money, saying that Hank Paulson could have given it to his friends and that the “blank check” must be cancelled now. Inhofe says Shifty Paulson "could have" given the bailout $ to his friends????? Righhhttttt... Wakey, wakey, Senator Inhofe...there's no if's, but's or could have's,when you are discussing Shifty Paulson's deliberate and certain actions. Imo, Paulson should be indicted for fraud and corruption. We need more Fitzgerald federal prosecutors cloned to pursue all the bad guy greasy politicians and the sycophantic political toads like Paulson who are destroying this nation due to their bottomless GREED.
Do you believe fitz is Independent of the cabal ?
I'm not sure. I feel one needs to start somewhere to hope that all these corrupt politicians and their toadie friends will be taken down for their crimes of fraid and corruption. So I am starting with a hope that some federal prosecutors like Fitzgerald have honor. It was once rumored that Fitzgerald's career was on a pathway for him to be appointed FBI Director. His taking down Blagojevich is probably not going to get him that FBI appointment from Obama. And his taking down Libby probably screwed his chances with any GOP Pres in the future. Maybe Fitzie is one of those "few good men." I read a short biographical profile on Fitzgerald where it stated he came from very humble Irish Catholic roots - his father was a doorman. To this day Catholics are still considered outsiders by the Beltway power brokers. It's WASP old money and Jewish new money that run the cabal of Beltway power.
There are no replies to Comment # 9. End Trace Mode for Comment # 9.
Top • Page Up • Full Thread • Page Down • Bottom/Latestnhofe said that Paulson told members of Congress the crisis would be “far worse than the great depression” if Congress didn’t authorize the bill to buy out toxic debt, a proposal “which he abandoned the day after he got the money,” added Inhofe.
#7. To: scrapper2 (#5)
We need more Fitzgerald federal prosecutors cloned to pursue all the bad guy greasy politicians and the sycophantic political toads like Paulson who are destroying this nation due to their bottomless GREED.
#9. To: Rotara (#7)
Do you believe fitz is Independent of the cabal ?
Replies to Comment # 9.