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Posted by Kat Hak Sung on October 13, 2008, 11:58 pm
570. Distract in election (9/14/08)
What has the Republican government done in past seven years? If it was a restaurant, the menu they served you were: a false flag attack of 911, the price you paid, 3,000 lives. an unnecessary war in Iraq. Price: 4,100 loss of US soldiers; a Patriot Act, price: loss of your civil rights; low federal bench interest rate below 2% for more than two years from 2002 to 2004, price: sub-prime crisis in housing market; banned US banks from facilitating transactions with Iran’s banks in later 2006, which forced Iran to turn to Euro in oil trading, price: high oil price; war on terror, price: 858 billion so far; and a mess of financial crisis, price: to take over the bankrupt firms with tax payers dollar...... when you leave the store, without awareness, they also charged your credit card with a huge amount of money : this government creates an unprecedented national debt. Big trouble is waiting for you ahead.
Now it's time to change the management of the restaurant. To attract people the Republican makes it a circus show. The star of a circus - the clown - is too old, so they pick up a bikini woman to sale tickets. But a beauty queen doesn't mean a qualification for a VP. The experience to wear bikini doesn't mean experience to wear a uniform. She is a blank in foreign affairs, diplomacy, military, legislature..... Can you imagine Harvard University to fill the vacancy of its vice principal by a primary school teacher with the reason of "small town school value"? No respectable institution, or big firm or large cooperation will do like that. Then why Palin is selected for the VP of US?
1. She was a champion of a beauty pageant so she could attract sights by her appearance. 2. She is used to do lip service - to attack the Demo opponents. Media beat the drum on "Palin power". Says that she is a pit bull in attacking Obama. All they can find are odds and bits: something about a bridge, some scandal about her family, the style of her eye glass, or her dress.... It is said thus she turns away some white women's votes. It's cheerful like a circus. But what is in it? Nothing, media turns it into a gossip land.
Here we saw another tactic of the Feds which we are familiar with: distraction. They diverse the public attention to somewhere of nowhere. The purpose is to let you forget the 911 truth, a cheating president, the growing budget deficit, the rising unemployment rate and high gas price. They want you to forget the real purpose you go to a restaurant, and to believe it was because some white women's votes the evil management could grasp that restaurant again.
But are you fools to go the way they want you to go? Do you go to a restaurant for tasty food or only as they suggested, to see the color of a waitress' lip? If there is an honest election system, Republican will win only if moose votes.
571. October surprise for election? (9/28/08)
The hand to manipulate the election is the Feds. The tactic they used so far were:
1. Try to split Democratic Party by a tied competition between Obama and Hillary. This tactic seemed failed. But you could see how Feds manipulated the votes to make it a tied long competition (Feds control voting office through their informants) and blow up it a fierce campaign through media.
2. To get Obama win the candidate of Demo. Because Obama is easier to be defeated than Hillary. In another word, it is easier to justify a rigged election by saying that Americans are not ready to accept a black president. (Which I have talked about seven months ago in "536. Feds and Obama (2/3/08)")
3. To manipulate VP candidate by selecting Biden not Hillary. The combination of Obama and Hillary would have certainly threatened Republican more than Obama and Biden team does. Besides, they dropped Hillary because Feds also intends to play female card for Republican.
4. To justify a rigged election by another saying that women's votes caused GOP's victory, they selected a female VP - even she is not qualified. We all saw how media pushed up a "Palin power" soap opera.
Some possible October surprise for November election:
5. High ranking Al Qaida could be eliminated, in Pakistan. (include Bin Laden, or his vice Zhawahiri) For this, they prepared the step down of Musharraf and a new Pakistan president.
6. An agreement of US troop's withdrawal between Iraq and US. The agreement is done already. Only waiting for the right time to debut.
7. An economic recovery. That is why Bush and Paulson rushed to push the 700 billion bailout plan to pass in the House. With this plan, government will have at least 350 billion cash in hand next month. There is no problem that this amount of money, can buy up the market - at least for a month.
What does the 700 billion bailout plan means?
The key point is: Now Treasury Department requires no approval from Congress - pumping billions of dollars of fresh capital into the home loan market through purchases of mortgage-backed securities.
It also means a wholesale action on bad loans possible - according to FDIC Chairman Sheila Bair. The way she suggested was to work out better terms for as many borrowers as possible, turning unaffordable, delinquent loans at current income levels. The best way to do that in a large portfolio is not on a retail, loan-by-loan basis, but rather by using a "systematic" approach where all delinquent borrowers who fit pre-set criteria could automatically qualify for a modification of payment terms.
It means if a man bought a house of 500k value, but his income level only can afford to pay a 300k value house, he would exempt from to pay that extra 200k. His speculation will get a 200k reward. It is big.
The 700 billion bailout plan helps the greedy Wall Street bankers and investors. They made good profit in sub-prime loans. Once it turns out to be bad debt, they sold it to government. It also helps those irresponsible house buyers, some of them speculators. The plan will reward them big value of the house. Who pay the money? The hard working, dutiful tax-payers will pay off these debts in coming years. Is that absurd?
( I was harassed to post in internet. For most of past ten days, I was blocked to post the whole day. It only proves what I said are truth. Feds is afraid of my article. It may also indict that Feds is preparing a big frame case in coming days. )
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