Read my latest piece at Lew Rockwell.com.
Update:
This piece, at first linked on several sites, has suffered censorship, both in the search engines and on reddit (see this link:
http://www.reddit.com/r/politics/comments/74pgc/threecard_capitalists_the_financial_disappearing/?sort=old)
If you think it’s information worth spreading, please take the time and link and post widely, making sure nothing is altered. People need to know what is happening.
“Treasury Secretary Paulson’s Financial Disappearing Act of 2008 is a charade. Lawmakers who dug in and blocked this act of economic treason deserve applause.
The Orwellian name of the legislation itself should have frozen every American citizen in his tracks.
The economy is not about to implode and if it were, it’s doubtful if government would do it anything but harm.
The financial markets are in a crisis of confidence because the US government is debasing its currency and stiffing its creditors. Uncle Sam is a deadbeat and the world knows it. The world is worrying what to do about the useless paper it’s holding. That’s what the panic is about.
It’s a strange day when Barry Goldwater and the Chinese Communists are in agreement ….
And they are both right….”
Trying to get this out before the vote tonight, I missed spotting this juicy bit: The Hankster was going to use tax money to bail out foreign investors, as well. No, you heard that right. Not banks HQ’d in the US. But foreign investors who can move their assets from the foreign branch to the US branch. Read more at Mish Shedlock.
From: Jeremy Sagan
Wed 10/01/08 7:38 PM
To:
Hello Lila,
You have done the American people a great service with your truthful eye-opening web posting. Thank you!
Jeremy
Three-card capitalists ….
From: Grammas, August
Sent:
Wed 10/01/08 5:38 PM
To:
Excellent, thank you.
August Grammas
your recent LRC article.
From:
Sent:
Wed 10/01/08 4:52 PM
Hello again Ms Rajiva,
I am glad to see your articles of late on this whole absurd circus.
the representatives from Mississippi voted against it and I am barraging the Senators with calls to hopefully cause same. it’s about all I can do at this point other than talk to those around me and make points from your and others articles to them–I hope that is okay by you as I’m not so eloquent on my own. well, once again a big thanks for all you’re doing and best to you. Lawrence B.
From: paul whalen
Subject: Terrific Analysis on Lew R site
Date: Wed, 1 Oct 2008 11:44:14 -0400
Laila:
Been a little while between drinks, as they say,but what a powerful,cogent piece on the latest in fear mongering extortion.You almost get the impression that Paulson,et.al. are sneering back at the Petro-Weapons Complex saying”Let us show you pikers how a real shakedown artist does it.” This bit of thievery prior to the total debasing of the greenback is breathtakingly criminal.The capitulation of the ignoramuses in the Federal Government is so infuriating as to warrant an assault on the Capitol Building.It’s the most disheartening development in my lifetime,and I’ve seen a couple doozies in my 53 years.
I’m so disgusted with the Dem’s its palpable.
Paul M. Whalen
Whalen Realty Capital, LLC
Subject: Greetings
Date: Wed, 1 Oct 2008 09:23:56 -0400
From: Eric Brandt
To:
Hey Lila,
Just a short note to let you know I think you are doing and incredible job of presenting all the connections between the various players (criminals) involved in the current economic crisis. In a rational world your articles would be front page NYT news.
Best,
Eric
Financial Disappearing Act of 2008
From: George G.
Sent:
Wed 10/01/08 1:12 PM
To:
The Black-Sholes-Merton valuation model assumes the stochastic equation is taking a random walk around equilibrium randomly and is thus subject a probability distribution. The “players” are using derivatives trying to beat the zero arbitrage position. This is a bad model because it does not take into account Gresham’s Law: “bad money drives out good”, and there is nothing random about this year’s events which are the end result result of a fiat currency/deficit binge by the bush-cheney-junta that has racked up as much debt in 8 years as the previous 200 hundred.
We are back to the golden rule: he who has the gold rules. We are just where we were a century ago with Morgan (JP Morgan) and Rockefeller (Chase) as the only liquid firms.
The financial capital of the world is moving back to Asia where it was for 3,000 years.
Prescient: http://www.lewrockwell.com/orig6/giles3.html
Taking my advice: http://www.ft.com/cms/s/0/bf8246aa-8f13-11dd-946c-0000779fd18c.html
Beautiful: http://www.lewrockwell.com/rajiva/rajiva11.html
Accurate: http://mises.org/story/3132
Warning: http://www.mises.org/story/3128
It was not a great intellectual leap to see this train wreck running down the track.
George G
Three-Card Capitalists:
From: jeff zervas
Wed 10/01/08 12:05 PM
To:
Awesome work!
jeff zervas
three card monte
From: Antonio J
Thu 10/02/08 12:01 AM
To:
Thanks for a great article, I agree with you totally, this is the final act in the play “let’s kill the golden goose”.
sincerely,
ajiavarone
BAILOUT
From: Mr. Lucas
Wed 10/01/08 11:58 PM
To:
EXCELLENT ARTICLE-KEEP IT UP MAYBE PUT ON rense.com thanks
Disappearing Act
From: Jan Pitrik
Sent:
Thu 10/02/08 7:19 PM
To:
Lila,
I hope the enclosed pic does not offend your sensibilities; it conveys my 100% feelings. (not towards you, to be sure!!)
Paulson’s two page ransom note has grown to 110 pages and now 451 pages
http://banking.senate.gov/public/_files/latestversionAYO08C32_xml.pdf
Sec. 503. Exemption from excise tax for certain wooden arrows designed for use by children.
Jan
in Montreal
Another great article
From: LHalvorson
Sent:
Thu 10/02/08 3:23 AM
To:
I am becoming a fan. You write with great clarity and insight. And you make sense to this cowboy. Keep it coming.
Larry Halvorson
North Dakota
three card monte
From: Antonio J
Sent:
Thu 10/02/08 12:01 AM
To:
Thanks for a great article, I agree with you totally, this is the final act in the play “let’s kill the golden goose”.
sincerely,
ajiavarone