Bailouts by force

Bailouts by force

Image by NoName_13 from Pixabay


Let’s take another stroll down Memory Lane . . .

“The next day, the Los Angeles Times, in an article on the Senate passage of the bailout measure, noted in passing a statement by Democratic Rep. Brad Sherman from the San Fernando Valley in Southern California which underscores the authoritarian atmosphere surrounding the proceedings in Congress.

Sherman, who voted against the bailout bill on Monday, said, ‘The one thing that’s been proven is the absolute fear-mongering that’s being used to drive us is false.’ He continued, ‘I’ve seen members turn to each other and say if we don’t pass this bill, we’re going to have martial law in the United States.’

The Los Angeles Times offered no comment on this astounding statement.” –

Wow. Wall Street bailouts or martial law. What a choice.


“Henry Paulson, the former U.S. Treasury Secretary who was the architect of the bailouts in 2008, said he believes the government botched its chance to portray them as a necessity for the financial stability of all Americans.

‘I never was able to convince the average American that what we did with these rescues wasn’t for Wall Street but it was for them,’ Paulson said in an interview.

‘To understand the financial system, it’s a little like plumbing in your house – you don’t know where the pipes are and you just realize it when the pipes get clogged and everything grinds to a halt.'” –

Heavy is the head that wears the crown. So sad. Ole Hank Paulson trying to convince us that the Wall Street bailouts were designed to help John & Jane Q. Public and not the fat cats. Let me find the teeniest, tiniest of violins to play a pitiful tune.

“Henry ‘Hank’ Merritt Paulson Jr. is an American banker and financier who served as the 74th United States Secretary of the Treasury from 2006 to 2009. Prior to his role in the Department of the Treasury, Paulson was the Chairman and Chief Executive Officer (CEO) of major investment bank Goldman Sachs.

He served as Secretary of the Treasury, a key and highly influential Cabinet post, under President George W. Bush. Paulson served through the end of the Bush administration, leaving office on January 20, 2009. He is now the Chairman of the Paulson Institute, which he founded in 2011 to promote sustainable economic growth and a cleaner environment around the world, with an initial focus on the United States and China. He also works as Executive Chairman of the global fund, TPG Rise Climate.” –

The revolving door between Corpo America, Wall Street, and DC is astounding. We also see the same players starting “philanthropic” foundations, too. Totally a coincidence, I’m sure. 😒

Think about that scenario – do this willingly or do this by force. No wonder Nomi Prins used the title Other People’s Money: The Corporate Mugging of America. It is a mugging. If a robber sticks a gun in your ribs and says, “Give me your wallet or I’ll shoot,” your choice is pretty freakin’ limited. “Bail us out or we declare martial law on you” is the same.

Could this come to a theater near you? Do this or martial law. RTO or it’s your job. Go along with this or go to gulag. Convert to See Bee Dee Sees or have zero money.

Unfortunately, I think the reality is: if the power brokers decide we’re going to have bailouts and/or bank bail-ins, guess what? That’s what’s going to happen.

No Comments

Leave a Reply