Corrupt Bailout & Martial Law. (Part 1)

Oct. 3, 2008.
Rep. Brad Sherman:
Washington, D.C. - Today, Congress approved the $700 billion Wall Street Bailout Bill. Under the Bill, hundreds of billions of dollars will be used to buy toxic assets currently in safes in London, Shanghai, and Riyadh, Saudi Arabia. Bailed out Wall Street firms will use their bail out money to pay million dollars a month salaries, and to even increase them to two million dollars a month. (For details, see paper at BradSherman.house.gov.)

Our economy will not do well in the months to come, and dropping $700 billion on Wall Street is not going to make things much better. But now Wall Street will use the same fear mongering tactics which were used to pass the Bill, in order to justify the bill.

In order to pass the Bill, Wall Street declared that unless they received $700 billion in unmarked bills, the Dow would drop by 4,000 points and blood would flow in the streets. The passage of the Bill will have little positive economic effect, and the fall and winter will be bad times for our economy. But in the coming weeks, Wall Street will justify the Bill by saying that we averted those very same calamities they had predicted during their successful effort to create panic, and pass the Bill.

The worst abuses of the Bill can be minimized if Congress, and especially the press, begins an unprecedented level of ferocious oversight:
We have to make sure that Paulson spends the money and the orderly rate of less than $50 billion month (as he has promised), not at a frantic pace that spends it all by January 20th, 2009.
We have to make sure that Paulson treats all financial entities fairly, whether they be firms he likes, or firms he doesnt like. (It will take incredible investigative journalism to see whether the executives of any bailed-out firms are making secret contributions to Section 527 organizations, which are responsible for a big chunk of todays political advertising).
When a firm receives a billion dollars in bail-out cash, we must report on which of its executives are receiving that cash in the form of salaries in excess of $1 million a year. (The bill allows unlimited salaries to be paid by bailed-out firms, and does not contain a provision preventing the bail-out cash from being used to pay those salaries.)
Each time a U.S.-headquartered entity sells billions of toxic assets to the Treasury, we must ask whether that U.S. entity is just acting as an intermediary. We must ask whether those toxic assets were in foreign safes on September 20th, 2008. We must be aware of the China two-step (described in a paper at BradSherman.house.gov), in which a foreign investor who made bad business decisions can sell toxic assets to a U.S. entity on Monday, and Paulson can buy those toxic assets with taxpayer dollars on Tuesday.

No one will ever be able to prove that the Bailout Bill helped or hurt our economy during the coming fall and winter. Only two things are certain: the bill will provide hundreds of billions of dollars to investors who made bad decisions and Wall Street executives; and our children and grandchildren will now face a national debt that is hundreds of billions of dollars higher.

Source:
http://www.house.gov/list/press/ca27_sherman/morenews/BailoutStatement.html

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PART 1:
http://www.youtube.com/watch?v=nBD7DtIFCHo

PART 2:
http://www.youtube.com/watch?v=FqcsUCWaxis

PART 3:
http://www.youtube.com/watch?v=r-mhUJwH1rk

PART 4:
http://www.youtube.com/watch?v=wsb2w886xSg

______________________________________
Oct. 3, 2008.
PDF link description:
Million-Dollar a Month Salaries Continue. Tens of Billions to the Bank of China. Be Skeptical of Senate Bailout Bill, by Congressman Brad Sherman.

PDF:
http://www.house.gov/sherman/081001comprehensive_article.pdf

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Oct. 1, 2008.
Strong accusations from Representative Brad Sherman, from the 27th district of California. He claims that some congressmen and women were told that martial law would be passed if Congress did not pass the close-to-one-trillion dollar bailout package for Wall Street.

Source:
http://westernstandard.blogs.com/shotgun/2008/10/rep-brad-sherma.html

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[bshaw7325]

This is orchestrated panic and destabilize the currency. Let these banks go down along with the rest of them. Your country is already owned by other countries many times over.

[njattack]

It was just reported that $1.6 BILLION of the BAILOUT went to BANK EXECS.

What is this corrupt Brad Sherman doing about it?

All Senator and Congressman are CORRUPT until proven innocent. This is 2008 not 1890!

[sqgl]

So his speech was ignored? "The amended version of H.R. 1424 was sent to the House for consideration, and on October 3, the House voted 263-171 to enact the bill into law.[6][11][12] President George W. Bush signed the bill into law within hours of its congressional enactment, creating the $700 billion Troubled Asset Relief Program (TARP) to purchase failing bank assets."

[MrFabregas1987]

Why only 4148 views? Is this a joke.

So no matter of what, americans will get Martial Law which will be a pawn of New World Order.

Is it a coincidence that they are building Fema camps with thousands of plastic coffins.

And there are UN troops on American soil and doing Martial Law drills.

[MrFabregas1987]

Why only 4148 views? Is this a joke.

So no matter of what, americans will get Martial Law which will be a pawn of New World Order.

Is it a coincidence that they are building Fema camps with thousands of plastic coffins.

And there are UN troops are on American soil and doing Martial Law drills.

[teargardens]

@Sweetbnny Ya, most people dont even know were to begin let alone sit with uncomfortable truths that are nightmareishly ugly in scope and power. To know that 'they' the few, control the many, is awesome to behold. They start/end wars, buy up continents, control all the worlds resources. Shape history and science through the suppression of free energy, and all disease healing tech. They can control, weather, minds, and matter. Ive found that the more you know the better prepared you will be.

[teargardens]

@MrOmeMan Well, the more you know the more paranoid one becomes.I look up in the sky 1st thing in the morn to count chemt's,see if any new cams are up & to see if my mail box has been marked for the future un patrols.Start further back,the actual culprit is the federal reserve which is not fed or a reserve is able to control our country by making us be able to function on credit when were going broke,by the purposeful trashing and distortion of a free capitalism society into corporate fascism.

[Sweetbnny]

@electrohookah420 You are absolutely right.

[Sweetbnny]

@teargardens Its interesting that you say that. Most people don't connect that many dots. Especially not about our food being poisoned.

[GodotheInfantry]

Get armed, people, and know how to use the weapons....for the love of God, prepare NOW!

[teargardens]

I feel ya. Once you learn about HAARP and power lines EMF cover ups,and all the food industry being poisoned etc. you can't really trust much. We are in martial law, it just isnt in full effect. We (i mean they)are on stand by for a false flag attack. Take warning, once declared america is over and a new world order will form. We are the last stumbling block. Jesus Christ is the Truth and Salvation.

[superjew1000]

That wont work because the same people are in charge of putting corrupt officals back in....Our laws protect them perfectly so now what?