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Lehman collapse: President Barack Obama to push banking overhaul
President Barack Obama is to call for a series of sweeping regulatory changes to the framework governing the world's largest banks in a bid to prevent a collapse like that of Lehman Brothers.
Originally posted by seabisquit
Great post - Ah-RUU .
After watching VMA show tonight (with its Chase Bank ads) I can see there are still a lot of kool-aid drinkers out there.
Keep spreading the work until the MSM can no longer deny the obvious.
We cannot wait for the next election because it will be too late to fight the cancer that has invaded our country and the world.
We cannot hide away any longer and deny the tyrrany that faces us now.
He did one good thing, he is running people out of the two party system. I am now a registered Independent and I never, EVER would have believed I would get soured on the two party system. Thanks Barack for opening up my eyes and the eyes of millions of others.
Originally posted by 317258186
This should be read out loud in front of a large crowd at the washinton mall and broadcast coast to coast. Every word rings true of real passion and frustration.
S&F all the way.
Originally posted by crimvelvet
reply to post by redhead57
He did one good thing, he is running people out of the two party system. I am now a registered Independent and I never, EVER would have believed I would get soured on the two party system. Thanks Barack for opening up my eyes and the eyes of millions of others.
Good for you.
I used to vote who ever was in office out unless I had a very very good reason to do otherwise. Now I will not vote for either of the two major parties. People tell me I am "wasting" my vote. I figure even if the third party does not win, if they grab a good portion of the vote it sends a warning message to the politicos that they can be replace, so watch you step
have loved the Native American people as they were my own, I just know how Government perceived them in the past, and it carries on into the present, and will do so far into the future.
I felt such a loss and sadness for the different Indian tribes who were slaughtered because of the white man's ignorance and needless violence towards "the savages".
...With time, the pioneers learned what the American Indian had known for countless generations: the buffalo were the link to continued life.
In the years following the Civil War, financial and government interests sought to sever that relationship. The belief was that wherever the buffalo roamed, so too did the American Indian, whose very presence threatened the success of westward expansion. By the 1870s, the U.S. Army was losing one soldier for every three Indians it killed. Railroad barons, whose interests the Army was in large part working to protect, needed to indemnify their transcontinental investments against native intrusion. Texas cattlemen, meanwhile, had already begun driving their longhorns north, looking for new forage, links to the Union Pacific, and access to eastern markets. All parties saw the buffalo, which fed and clothed the Indian, as the key obstacle to dominance. “When we get rid of the Indians and buffalo,” enthused General Nelson Miles, commander of a garrison near Fort Keogh, Montana, in 1876, “the cattle . . . will fill this country.”
In an 1875 speech to the Texas legislature, General Philip Sheridan summed up the feelings of the day: “[the buffalo hunters] have done . . . more to settle the vexed Indian question than the entire regular army has done in the last thirty years. They are destroying the Indians’ commissary. . . . Send them powder and lead, if you will; but for the sake of a lasting peace let them kill, skin and sell until the buffalo are exterminated. Then your prairies can be covered with speckled cattle and the festive cowboy, who follows the hunter as a second forerunner of an advanced civilization.”...
The rail and cattle tycoons were abetted in their efforts by an unlikely nexus of interests. Chief among them were British banks and investment companies, which, along with eastern banks looking to leverage British capital, conspired to corner the trade in beef (beloved of the British aristocracy) and grab land and resources in a largely unregulated part of the United States. British-owned investment firms such as the Anglo-American Cattle Company, the Colorado Mortgage and Investment Company of London, and the Scottish American Investment Company secured hundreds of thousands of acres of the American West, often through fraud and “stockmen’s associations,” which were really thinly disguised fronts for their interests. At the same time, other foreign financial organizations invested millions of dollars in U.S. railroads, most notably the Union Pacific. “With the help of eastern and British capital,” wrote one observer in the 1880s, “[the stockmen’s associations] have expanded all of a sudden into confederacies dangerous alike to private enterprise and to public liberty.”
Well, I can agree to a small extent, but only so far.
When I talk about politics, in real life, people get this glazed over look like deer caught in the headlights, and some people are scared to death of it when I talk about it because they have been so dormant, or like ostriches with their heads in the sand, they have no clue.
When Clinton passed N.A.F.T.A., the North American Freed Trade Agreement, I was pissed as Hell, because it's just another excuse to export our jobs and bypass paying American citizens real wages, as well as redirecting our companies down to Mexico.
A more severe case of genetic contamination is taking place in Mexico, where the presence of GM corn has been documented since 2001. It continues to show up in rural farming communities, both peasant and indigenous, sown by small farmers who are not aware of the transgenic threat; and it is proliferating rapidly, across wild and mixed varieties, in spite of the Mexican government’s ban on transgenic crops, in effect since 1998. This contamination deeply concerns environmentalists, scientists and farmers, since Mexico is the cradle of corn and axis of its diversity, rendering the long term consequences on the environment and human health uncertain.
n Mexico, people are distressed by the possibility that biopharmaceutical corn could be introduced in the country. Silvia Ribeiro, of the ETC organization, expresses great annoyance about the California-based company Epicyte, which ostentatiously declared having developed a spermicidal corn to be used as a contraceptive.
Ribeiro stated in La Jornada: “The potential of spermicidal corn as a biological weapon is outrageous, since it easily interbreeds with other varieties, is capable of going undetected and could lodge itself at the very core of indigenous and farming cultures. We have witnessed the execution of repeated sterilization campaigns performed against indigenous communities. This method is certainly much more difficult to trace.” noblelie.com...