The Tea Party is anti-democratic and guilty of abuse of power

reply to post by inforeal


I disagree with your opinion! The Tea Party is the one that has raised the issue of out of control spending. Without them we would not even be having this discussion of raising the debt. For almost 70 years our government has continued to spend money we don't have and pushing those debts and the next generation. It is time to stop the madness! Our government needs to have a balanced budget like most of our states. I live in Louisiana and it required by law that we cannot spend what we do not bring in. We wouldn't be in the situation we are if this had always been the case. The Tea Party is doing what our Founding Fathers said should be done. Absolute power corrupts absolutely and if you don't put checks on the government those in power will always do whats in their best interests and not in the best interest of the general population. I am not blaming either party for what they continue to do day in and day out. The American people are to blame for all of this! We have voted these childish adults into power and now the Tea Party has made it very clear that the status quo must change or we are all doomed. Whats wrong with a balanced budget and making people work for what they want. I balance my budget and i am sick and tired of lazy ass people taking my tax money to pay their way. If you can't take care of yourself then you deserve what you get. You deserve nothing!!! I personally know people that are more than capable of supporting themselves but don't because the government has given them a way not to! Yes we do need some kind of safety net for those that fall on hard times but enough is enough. I will not stand idly by while the things I work for are taken away from me to provide for someone else who thinks they are entitled to my tax money. Grow up and take care of yourself!

Originally posted by dakota1s2
reply to post by inforeal

 

The "tea party" is exactly democratic.

No, in a representative democracy, the elected representatives are supposed to, well, represent the wishes of the people. The tide of public opinion is strongly against the position of the Know-Nothing party, and always has been. The only reason they're in office is because a bunch of liberals got butthurt that they didn't get a socialist utopia six months after the 2008 election, and so stayed home to pout.

They are just a bunch of average people,

Have you met the average person? I wouldn'twant most people flipping my burgers, much less running my country.

mostly middle america group who see this country headed in the wrong direction. They voted, democratically, to change that direction.

Yes, they saw that the nation was headed in an increasingly democratic and progressive direction and might actually address the debts accrued by the republican party over the previous eight years; so they voted - against the wishes of the American people - to put a halt to all that nonsense, and are currently trying to drag us kicking and screaming back to the bronze age.

What about all of the groups that support your leftist agenda. Example Media Matters, anything to do with George Soros and all of his groups that throw money, rallying the troups trying to change our country.

They are actually working to improve our country. Perhaps it's imperfect, but they lack the dedication to destroying the nation that the Tea Party and its supporters do. See, that's what you're missing. While you're cramming your thumbs in your eyes and wailing about these evilscarybaddirty liberal organizations doing stuff like, you know, pushing for nasty things like equal rights for all and providing health care for our elders, you're missing that the people you admire so are not only trying to stop those things; they're trying to stop everything. The only thing the tea Party has wanted to fund is increased power to the police and military; more guns to point at YOU.

Why is it when you lefties don't agree with people it always comes to name bashing and whinning about being un-american.

It's more than "not agreeing." We're not discussing our favorite flavors of ice cream, nor are we speculating on the results of the next super bowl. We are looking at the actions of a group of people, actions that are clearly and plainly destructive not just to our "liberal" positions, but damn near everything that makes America "America." These goons are going to happily sit there and deprive their own constituencies - likely yourself included, from your frothing support - of the money owed to them via Social Security and medicare; the people collecting that have already paid their bills, but thanks to the Tea Party, they stand a very real chance of having that cut out from under them. They are engineering a massive crisis, an economic nuke, that will cause severe injury to the United States for years to come.

And thye're doing it because they're pissed that a Democrat is president.

What's really bad for our country is the ignorant who blindly follow the mind mindset of Soros, Obama, Reid and Pelosi

At least those of us who "blindly follow" that group know what the hell their policies and stances amount to. You clearly haven't the first goddamned clue what you were getting into.

reply to post by TheWalkingFox

What's really bad for our country is the ignorant who blindly follow the mind mindset of Soros, Obama, Reid and Pelosi At least those of us who "blindly follow" that group know what the hell their policies and stances amount to. You clearly haven't the first goddamned clue what you were getting into.

Really? Pelosi, We must pass the bill to see what is in it, on Obamacare. Blindly following Socialism is not a good thing.

reply to post by mugger


Perhaps not. But at least you know, "hey, this is socialism." You have a pretty good idea of what socialism is and entails. You can follow, blind or not, and have a reasonable prediction of where you will end up. (And by the by, there's nothing "socialist" about this Administration. Learn what words mean before you use them.)

You don't get even that benefit with the tea party, however. Even here on ATS, which is about as homogenous a group you can get without actually going to the real Stormfront, none of the "tea party" cultists can really reach a consensus on what it's all about. it's simply a reactionary, frothing hatred of Democrats that powers this group. Nobody knows where they're going, they have no clear plan, all they're doing is kicking holes in the drywall and screaming.

reply to post by TheWalkingFox


I do not believe the Tea Party was started against Obama only. I believe it was started since neither party was listening to the people. Repubs were just as as much a problem under Bush. there is one main central theme for the Tea Party. Limited government,taxes and regulations and adhere to the wishes of its' constituency, not a party.

Originally posted by NuroSlam

Originally posted by Sunlionspirit
it's called DIRECT DEMOCRACY on each level of society with possibility to dismiss/relieve the choosen politicians immediatly when not doing what they were voted for in office ....
Read about ERNEST MANDEL, RIP, he was one of the most intelligent actual economists, Belgian professor, he has LOTS of writings about neo-capitalism and neo-liberalism !!! Very very interesting stuff !

just for info : www.amazon.com...

These problems would not exist if it were not for the corporations paying for the violence and fear of government control.
Direct Democracy is the most evil forms of governance ever thought of. 2 men and 1 woman vote on having sex, guess who loses?

edit on 31-7-2011 by NuroSlam because: (no reason given)

this is a stupid argumentation you know, we speak about voting for a better society not for who is going to violate the woman !! There are still laws in our countries, you cannot vote for evil things ..... There you have it : you all think too much in little circles ! we have to think in and for the general intrest, of each one, each echelon of society has to vote for its own intrest, the street for the street intrests, the village for the village intrests, the city for its own intrests, and upper voting for more general things like ecology or foreign politics etc ....
when you have 500 people and you vote for something together, for your direct intrest, well then isn't that real democracy ??? no government needed here !!! we can do it by ourselves you know, we only need government for education, health, defense, roads and logistics, care of the weakest in society and maybe some more I forget about. The politicians should be elected for their porgram and with possibility to get fired as soon as they are running for their own and not longer for us the people !!!

reply to post by inforeal

Here is the scenario:

These 85 or so congress people voted in office in 2010 by Tea party support are not remotely the majority of the American people, yet they are using their newly acquired power to threaten the American system of government with default if they don’t get there way. In this scenario it is the debt ceiling that they are using to do their blackmail.

Here is MY scenario:

The Democrats took over the entire Congress and White House with super majorities and they are NOT remotely the majority of the American people, yet they used their newly acquired power to give us OBAMACARE....passed in the middle of the night on Christmas Eve...even though TWO-THIRDS of the American People were/are against it.

Come back and talk to us after the 2012 election tell me that Barack Obama is still going to be the POTUS.

Originally posted by Bramble Iceshimmer
The biggest problem with America is the so called middle class who for the last forty years or so though they could be players at the big boys table. They started flipping houses and drove that market beyond reasonable and lined up to give banks and corporations their money to invest in stock market. The nineties hit and everyone was going to get rich on the dot com craze and while a few a the top of the pyramid made boatloads of money a lot lost their shirt. Even today there are ads and infomercials for some get rich scheme to separate you from your money.

A lot with dollar signs in their eyes dreaming of vacations, fast cars and big houses throwing away any savings, their future and now needing social programs intended for the elderly, poor and disabled.

Now the Democrats want to raise taxes and spend more and more. As some have pointed out the previous congresses and administrations have put the car in the ditch. The current administration is gunning the accelerator hoping something will change if they try once more. Instead they are digging the wheels in and the frame is sitting on the ground. I think the best analogy for the tea party is they want to cut our loses, bury the car and walk.

edit on 7/31/2011 by Bramble Iceshimmer because: (no reason given)

the problem is you have to get more people on work !!! so they have money to spend, so they push the economy forward !! the problem is that the neo-con liberals want to spend less and less, which also means more poverty in social programs, so less money to spend by lots of people and economy going down !
Middle class already going down !!
In this situation the state, the government really HAS to spend lots of money to leave the machine running !!!

YOU HAVE TO SPEND LOTS OF $$$$ TO LET THE ECONOMIC MACHINE RUN !!!!

It's like a car, if you don't put lots of oil into it when it is loosing lots of it, then yes it will crash !
What the democrats want is not the taxing of the normal people that work hard, not the middle class in great despair, no, they want to let the rich and famous pay THEIR DAMNED part in society and stop the Bush tax cuts, the big present they got from that puppet !! Once you got such a big present, you do not like it to be taken away, so yes, it is not a new taxation, it is the totally NORMAL taxation you normally have to pay in society but didn't have to pay any longer because of those damned stupid neo-cons and politicians who voted for themselves that big present !!!

reply to post by Starwise




Yep, I did that a month ago. The writing is on the wall, be it economic or natural disaster, or both, "We ani't seen BAD YET" but it's comin !!

reply to post by inforeal

They were voted in by a majority of the voting populace and they never abused the system like the Republicans are doing now. That’s the point of my OP.

They NEVER threatened to destabilize the economic system if they didn’t get their way.

I beg to differ with you the DEMOCRATS have intentionally destablized the government and here are the FACTS that show it. WORSE they have devastated third world economies, starving children. CLINTON's Policies drove 75% of Mexico's Farmers from the land when he sign NAFTA.

....75% of the Mexican population lived in poverty in 2001 compared to 49% in 1981, before Mexico underwent reforms to pave the way for NAFTA.... Corn is the primary crop in Mexico, but post-NAFTA farmers received 70% less for their harvests because [of] U.S. corn imports...

..NAFTA created only 700,000 manufacturing jobs in Mexico - far too few to absorb the 2 million displaced
farmers and the 130,000 jobs lost in domestic manufacturing...

With no employment prospects and worsening living conditions, many farmers believe their only option to earn a living is to attempt the perilous crossing into the United States.

Corporate Rights over People and the Environment
One of the most controversial aspects of NAFTA is found in Chapter 11 - its investor rights chapter. Under Chapter 11, foreign investors who believe their profits are being harmed by environmental or public health regulations can sue governments for cash damages within a secretive trade tribunal system. This occurred when Mexico was sued by the U.S. Metalclad Corporation, a waste-disposal company. Metalclad accused the Mexican government of violating Chapter 11 of NAFTA when the state of San Luis Potosi refused permission to re-open a waste disposal facility. The State Governor ordered the site closed down after a geological audit showed the facility would
contaminate the local water supply.... SIERRA CLUB

Clinton even admitted TWICE that he was responsible for STARVING children but DESPITE this admission, the Obama Admin continued to implement the Ag Cartels wishes:

2008
the WTO not only subjected national food policy to global trade deals; ... food to a mere market commodity rather than essential right and need. Clinton now admits the error. 'We blew it,' he told a UN group

2010
Bill Clinton apologizes for flooding Haiti with cheaper rice; Need to immediately stop WTO

In 2010 the Ag Cartel's Dream bill "The food Safety Modernization Act" was passed in the lame duck session with the Senate, House and President all in the control of DEMOCRATS. With a one line amendment in the near future inserting the Commerce Clause, the Ag cartel will have placed full control of ALL US food production INCLUDING YOUR GARDEN under THE World Trade Organization. Very neatly side stepping ANY citizen control of the industry.

From the actual law as posted on the FDA website:

SEC. 404. COMPLIANCE WITH INTERNATIONAL AGREEMENTS.
Nothing in this Act (or an amendment made by this Act) shall be construed in a manner inconsistent with the agreement establishing the World Trade Organization or any other treaty or international agreement to which the United States is a party.
www.fda.gov...

From the FDA website

www.cfsan.fda.gov...

The harmonization of laws, regulations and standards between and among trading partners requires intense, complex, time-consuming negotiations by CFSAN officials. Harmonization must simultaneously facilitate international trade and promote mutual understanding, while protecting national interests and establish a basis to resolve food issues on sound scientific evidence in an objective atmosphere. Failure to reach a consistent, harmonized set of laws, regulations and standards within the freetrade agreements and the World Trade Organization Agreements can result in considerable economic repercussions....

BACKGROUND

The AG Cartel banded together to take over a market niche, Their take over is now complete. Thanks to a bill introduced by Connecticut DEMOCRAT, Rosa Delauro, (Hubby was a consultant for Monsanto) and the DEMOCRAT controlled Senate and House and a DEMOCRAT President, Who signed the bill into law.


This is from a SOCIALIST!

...Two Harvard Business School professors were involved early on - John Davis and Ray Goldberg. They teamed with Russian economist, Wassily Leontief, got Rockefeller and Ford Foundation funding, and initiated a four-decade revolution to dominate the food industry. It was based on "vertical integration" of the kind Congress outlawed when giant conglomerates or trusts like Standard Oil used them to monopolize entire sectors of key industries and crush competition. www.smirkingchimp.com...

Bothe Republicans and Democrats were bought to advance the agenda. Dwayne Orville Andreas, CEO of Archer Daniels Midland Company and former employee of Cargill, is the most prominent political campaign donor in the United States. He contributed millions of dollars to Democratic and Republican candidates alike for DECADES.

DAN AMSTUTZ and the REVOLVING DOOR
Dan Amstutz was CEO of Cargill and President and CEO of the North American Export Grain Association. Before joining government, Amstutz was a general partner of Goldman, Sachs and Company, the New York investment bank, where he initiated the firm’s commodities trading and futures brokerage businesses.

In 1995, Amstutz as a senior trade negotiator under Clinton, wrote the World Trade Organization Agreement on Agriculture.

It got rid of tariffs, opened borders and with the aid of the United Nations (OIE and FAO), the WTO WROTE the regulations for farming to be implemented worldwide. Amstutz was also part of the Reagan Administration for 6 years first as under secretary of agriculture for international affairs and commodity programs (1983-1987) and then as ambassador and chief negotiator for agriculture in the GATT Uruguay Round trade negotiations leading up to the WTO.

Amstutz's role in trade negotiations was just part of the agenda. His next step was to introduce the "Freedom to Farm" legislation of 1996. A seven-year farm program pressuring the US government to move away from its farmer support programs. This end of the US policy of buying and stockpiling grain reserves. The resulting over production of grain flooded the market, causing plunging farm prices. The effects on independent farmers was devastating. U.S. Farmers made up 3.4% of the labor force in 1980 and dropped to 1.9 % by 2002 despite 90% of farmers having outside jobs.

The super cheap grain produced by the new "Farm Policy" was bought up by the Ag cartel and exported to third world countries where it was sold at below production costs. This bankrupted third world farmers and lead to worldwide factory farms like the one in Mexico of Swine flu fame.

This new use of grain caused grain prices to rise but that was only part of the manipulation. Back to our good friend Dan Amstutz and his OTHER employer, Goldman Sachs.


Gramm, head of the CFTC, helped firms such as Goldman Sachs gain influence over the commodity markets. At the end of 2006, food prices across the world started to rise, suddenly. Wheat had shot up by 80 per cent, maize by 90 per cent, rice by 320 per cent.

...Then, in spring 2008, prices just as mysteriously fell back to their previous level. Jean Ziegler, the UN Special Rapporteur on the Right to Food, calls it “a silent mass murder”, entirely due to “man-made actions.” Through the 1990s, Goldman Sachs and others lobbied hard and the regulations [controlling agricultural futures contracts] were abolished. Suddenly, these contracts were turned into “derivatives” that could be bought and sold among traders who had nothing to do with agriculture. A market in “food speculation” was born. The speculators drove the price through the roof....” www.independent.co.uk...

...Today three companies, Archer Daniels Midland, Cargill, and Bunge control the world’s grain trade. Chemical giant Monsanto controls three-fifths of seed production. Unsurprisingly, in the last quarter of 2007, even as the world food crisis was breaking, Archer Daniels Midland’s profits jumped 20%, Monsanto 45%, and Cargill 60%. Recent speculation with food commodities has created another dangerous “boom.” After buying up grains and grain futures, traders are hoarding, withholding stocks and further inflating prices....” www.globalissues.org...

How anyone, knowing this information could continue to support the Democratic party of the USA is beyond my understanding.

Originally posted by sonofliberty1776
reply to post by citizen6511

 

The teaparty as the brownshirts? Are you serious? Please do some real research on the Wiemar Republic and the brownshirts before making such a crazy claim.

The spelling is Weimar, not Wiemar.

If you want people to do research, you might as well start with checking a dictionary or Wikipedia.

Yes, the Tea Party does remind historically minded people of the brownshirt Nazis in the Germany of the 30's. However, many Americans are simply blind to their own extreme nationalism and violent, distorted rhetoric.
Only, this time around it is not "the Jews" who are the main target. Liberals and lefties (just like in Hitler's time) as well as Muslims and Arabs and Iranians and feminists etc.

Another thing: the debt has gone sour partly because of
1. lowering the taxes of the rich
2. the wars started by an extreme right wing president.

And now they blame Obama, liberals or anything.
Led by their very noses and funded by the rich (WE DON' WANNA BE TAXED!)

Just like similar movements in Europe.

Only, this time they are not going to win. In Nazi times, we did not have internet.
We did have the equivalent of Rush Limbaugh (who bears a curious similarity to Hermann Göring), Sean Hannity and Glenn Beck in Europe.

One of these guys ended up as Führer.

Despite all this, there are certain things they are right about.
Not the debt issue though. In that, they unknowingly play in the hands of the elite.

reply to post by crimvelvet


Um, the republican party supported NAFTA, and promoted NAFTA far more than Clinton supported NAFTA. You are blaming Clinton for policies that were championed by republicans, and the previous Bush admin. Clinton signed these treaties as a effort to compromise with conservatives, who claimed this would be good, getting government out of the way of business and all that free market wacko nonsense. How do yo not know this?

Is is the republicans all along who say they want to see the U.S. government shrunk to the point where they can drown it in the bath water, and that is exactly what the tea party is aiming to do right now.

Do you want to be governed by the International Bankers? Because the goal of the Tea party is making that the next reality.

The U.S. government is what protects our liberties, and the republicans want to destroy that, and turn us all into slaves, and people who support them are foolishly walking into an ambush.

Election season is here, its time to start unwarranted attacks on the opposite party regardless if they are in control or not ,because we have to maintain that power dont we people!

If Obama has so many options, how can the Tea Party be holding them hostage?

If the Obama administration knew wtf they were doing, why is raising the Debt Ceiling even an option?

Come on Obama people, start holding your own people accountable from time to time instead of blaming the other guy, and MAYBE, just MAYBE people will start taking you more seriously.
But by the way it IS NOW, you are only digging deeper holes with this petty mud slinging.

Take Responsibility with the time you have, and spend it wisely. Not playing games.

....but Im sorry.... You can continue your blind partisan rampage....

reply to post by crimvelvet


The problem with your post is that in the cases you raise it wasn’t democrats that did these things IT WAS THE US GOVERNMENT—democrats and republicans!

You need to understand that republican and democratic governments in the US have ALWAYS oppressed third world countries. That is one of the only things the democrats and GOP agree on.

Clinton, the democrat starved the Iraqi children with sanctions; Bush did and would do the same thing, in-fact his war ended up doing worst.

So your attempt to say ONLY democratic administrations did harm to other countries is ridiculous.

I've seen the Tea Party people and they are not threat nor are they able to abuse power....as they have no real power. The ones abusing power are the ones who are doing it right now as we speak. This debt ceiling crap and Obamas words of "don't call my bluff", suggests that he is, indeed, gambling with our children's future...literally. The Republican's are no different. So it's the Repubs and Democrats, that are not only abusing power, but abusing the American people, commiting treason of all sorts, murderng innocent people in numerous countries and are stealing large amounts of money from the American people...with interest...and making the American people suffer for not being able to pay back the debt. They steal our gold reserves and all of our money that THEY had printed out of thin air and then make the American people pay it back, with interest, all while stealing from them so much that they can barely feed their families and on top of that.....they rig the insurance and credit card games so that they can even take away the bare minimum of food and provisions from the American people, so that they can no longer even feed their children or have a place to live. So, you see, it's the parties that are actually IN POWER that are treasonous and dangerous and evil and guilty of abuse of power. What YOU are doing here is called placing the blame on another insignificant group to divert attention from those who are really responsible...nice try, but I think they have done way too much...way too fast..for anyone to fall for this weak attempt at a blame game. You wasted your time. The democraps and the repugnicans are to blame for all of this.

Throw them ALL out. 545 vs 350 million. Go away, start over. Dems and Repubs EQUAL the same worthless side of the same worthless coin. If American's protest or try to make a change, we willlikely be thwarted

reply to post by inforeal

They were voted in by a majority of the voting populace and they never abused the system like the Republicans are doing now. That’s the point of my OP.

They NEVER threatened to destabilize the economic system if they didn’t get their way.

I said Bill Clinton, DEMOCRAT, was instrumental in destabilizing the economic system.

Here is the second part of the destabilization.

Clinton set up the present economic mess ON PURPOSE when he signed into law certain banking bills, ratified WTO, and NAFTA, and promoted the entry of China into the WTO, thus causing the export of 20 percent of American manufacturing jobs in just 14 years.

BANKING
Clinton's signed laws that repealed the McFadden Act of 1927, the Glass-Steagall Act of 1933 and the Bank Holding Company Act of 1956 this lead consolidation and the Formation of Mega Banks (Remember TOO BIG TO FAIL???). He is also responsible for the Housing and Community Development Act of 1992 and the Commodity Futures Modernization Act of 2000. These laws are the ones that was responsible for mortgage loans given to unqualified buyers, loans doomed to fail.

The Commodity Futures Modernization Act of 2000 protected the banks through the unregulated CDSs used to insure the banks against foreclosure. The American Tax Payer got stuck with the bill with the AIG bailout. Worse it was by far more PROFITABLE to foreclose on a loan with one or more CDSs then it was to work out a loan modification.

This is why Obama's Loan Progam was a dismal failure.
It was a baited trap to lure those barely making it into a position where the banks could easily foreclose. The government employee put the modification in place lowering payments. The bank "lost" the paperwork, the paperwork was not right, paperwork was missing... After a year or so the bank finally informs the family it would not modify the loan and handed them a bill ($10,000 or more) for back payments, interest, penalties AND LAWYER FEES. If not paid in thirty day they foreclosed. Great scam wasn't it???

..because the CDSs were unregulated—and this is because of a specific law back in the year 2000 called the Commodity Futures Modernization Act,

...So you could sell as much CDS protection as you wanted, but you didn’t have to actually post any capital when you did it....

...a lot of these contracts, these CDS contracts, are like gambling, in the sense that—normally when you buy an insurance policy, you’re buying a policy on a house that you actually own. With these CDS contracts, you could actually bet on somebody else’s mortgage.... www.democracynow.org...

Also See: How the AIG Bailout Could be Driving More Foreclosures

WHO does Clinton actually owes allegiance to?

Cecil Rhodes, one of the wealthiest men in the world, left Leopold de Rothschild (1845-1917) to administered his estate after his death in 1902 and set up the Rhodes Scholarship. Leo was the youngest son of of Nathan Mayer Rothschild.

Before Tony Blair became British Prime Minister in May 1997, he was Chairman of the Fabian Society...

...the Rhodes Scholarship Program at Oxford to indoctrinate promising young graduates for the purpose, and also establish a secret society for leading business and banking leaders around the world who would work for the City to bring in their Socialist world government.

Rothschild appointed Lord Alfred Milner to implement the plan.

At first the society was called Milner's Kindergarten, then in 1909 it came to be called The RoundTable.

It was to work closely with the London School of Economics founded in 1894 by Fabian Socialist leader Sidney Webb (Lord Passfield).

Today former Rhodes Scholars (such as Bill Clinton), Fabian Business Round Table members, and graduates from the London School of Economics (the primary Fabian Socialist training school in the world) dominate the global banking, business and political systems in every country...

The British Fabian Society plan to takeover the world by the City of London financial community was first published in a book entitled "All These Things" by a New Zealand author and journalist, A. N. Field....

The"peasants" would still be allowed to own their own clothes, and small assets like furniture, cars and boats etc., but the main assets of each country would be owned by their multi-national corporations and banks. www.halisa-eu.net...

ACTIONS Speak louder than words
Ex-Chairman of the Fabian Society Tony Blair and Bill Clinton at the opening of Blairs "Faith Foundation" Clinton was also at the ceremony where the Fabian Stained Glass window was hung in the London School of Economics The School was founded by the same people who founded the Fabian Society. Tony Blair will earn around £2 million a year in his part-time role as adviser to the Wall Street bank JP Morgan

[atsimg]http://files.abovetopsecret.com/images/member/f3cf6bffbab0.jpg[/atsimg]

The Fabian Society Crest, shown on their stained glass window is a Wolf in a sheepskin. The Wolf being the "City of London (Rothschild Bankers) and the sheepskin is "Socialism". THREAD



BACKGROUND
Clinton and the banking laws
Remember Clinton had VETO power to prevent this laws from passing.

[v]The McFadden Act of 1927 or Amendment to the National Banking Laws and the Federal Reserve Act (P.L. 69-639, 44 STAT. 1224): Prohibited interstate banking.

[Clinton's Law: Negating above:]
Riegle-Neal Interstate Banking and Branching Efficiency Act of 1994 (P.L. 103-328, 108 STAT. 2338).
Permits bank holding companies to acquire banks in any state one year Beginning June 1, 1997, allows interstate mergers.

The Glass-Steagall Act or Banking Act of 1933 (P.L. 73-66, 48 STAT. 162): Separated commercial banking from investment banking, establishing them as separate lines of commerce.


Bank Holding Company Act of 1956 (P.L. 84-511, 70 STAT. 133): Prohibited bank holding companies headquartered in one state from acquiring a bank in another state.

[Clinton's Law: Negating both of the above laws:]
Gramm-Leach-Bliley Act of 1999 (P.L. 106-102, 113 STAT 1338)
(pdf version from Government Printing Office.)
Repeals last vestiges of the Glass Steagall Act of 1933. Modifies portions of the Bank Holding Company Act to allow affiliations between banks and insurance underwriters. Law creates a new financial holding company authorized to engage in: underwriting and selling insurance and securities, conducting both commercial and merchant banking, investing in and developing real estate and other "complimentary activities."
Allows national banks to underwrite municipal bonds.
Amends the Community Reinvestment Act to require that financial holding companies can not be formed before their insured depository institutions receive and maintain a satisfactory CRA rating.
Makes significant changes in the operation of the Federal Home Loan Bank System, easing membership requirements and loosening restrictions on the use of FHLB funds.


Federal Deposit Insurance Corporation Improvement Act of 1991 (P.L. 102-242, 105 STAT. 2236).
Also known as FDICIA. FDICIA greatly increased the powers and authority of the FDIC. Major provisions recapitalized the Bank Insurance Fund and allowed the FDIC to strengthen the fund by borrowing from the Treasury.
The act mandated a least-cost resolution method and prompt resolution approach to problem and failing banks and ordered the creation of a risk-based deposit insurance assessment scheme. Brokered deposits and the solicitation of deposits were restricted, as were the non-bank activities of insured state banks. FDICIA created new supervisory and regulatory examination standards and put forth new capital requirements for banks. It also expanded prohibitions against insider activities and created new Truth in Savings provisions.
[TRANSLATION: Allowed big banks to gobble up smaller banks more easily.]

Housing and Community Development Act of 1992 (P.L. 102-550, 106 STAT. 3672).

RTC Completion Act (P.L. 103-204, 107 STAT. 2369):
implement provisions designed to improve the agency's record in providing business opportunities to minorities and women.. Expands the existing affordable housing programs of the RTC and the FDIC by broadening the potential affordable housing stock of the two agencies.
Increases the statute of limitations on RTC civil lawsuits. In cases in which the statute of limitations has expired, claims can be revived for fraud and intentional misconduct resulting in unjust enrichment or substantial loss to the thrift.

Important Banking Legislation

Reagan's Administration was the Era of the Hostile Takeover aka Leverage buyouts: www.abovetopsecret.com...

Originally posted by inforeal
reply to post by crimvelvet

 

The problem with your post is that in the cases you raise it wasn’t democrats that did these things IT WAS THE US GOVERNMENT—democrats and republicans!

You need to understand that republican and democratic governments in the US have ALWAYS oppressed third world countries. That is one of the only things the democrats and GOP agree on.

Clinton, the democrat starved the Iraqi children with sanctions; Bush did and would do the same thing, in-fact his war ended up doing worst.

So your attempt to say ONLY democratic administrations did harm to other countries is ridiculous.

You're right, this guy is just trying to create a diversion here. Any idiot can see who has been royally screwing the American people lately. you can almost put names on faces according to blame and its not the Tea Party. This post is just stupid.

All the Tea Party is about without the rhetoric is a desire of a group of ordinary people to have individual freedom and responsibility. If you are against this premise then you are admitting that you are willing to give up your freedom. This in itself is fine, but the conflict occurs when you insist to use the power of government to take away my freedom to support your dependency.

I am constantly reminded on ATS that Secular Socialism(SS) is a religion with its member's mindless adherence to its dogma that they make evangelical churches look like debate clubs in comparison. The so-called opinions expressed are consistent with virtually identical language and talking points. The same arguments are repeated over and over so that it reminds one of Hari Krishna chants. All any of the SS knows about the Tea Party is what they are indoctrinated by the MSM, the Democrat Party and their priests, which are at best circus clowns like Jon Stewart or psuedo intellectuals like Bill Maher. A particular trait of the SS is the inability to discern the difference between cleverness and wisdom.

The debt ceiling "debate" is only a repetitive diatribe of the SS, that blindly blames the Tea Party for being obstructionist and then begin demogogery, Nazi Brown shirts, racists, starving children-the same exact language over and over and over regardless of the subject matter. I am not sure that the current debate matters, because it appears it may be to late to salvage the disaster created by the Federal Government, but we are at least talking about the debt instead of blindly walking over the cliff as appears to be the instructions from the pulpit of the church of SS.



I have traveled and currently travel all over the world and everywhere I go virtually everyone desires to go America who desires a better life. To hear the SS and its allies one would belive that anyplace else in the world is better. Sorry to tell you this, but if you people did anything but sit in the basement being indoctrinated you find there is a whole world out there that that doesn't adhere to the faith inwhich you have been indoctrinated.

reply to post by inforeal

So your attempt to say ONLY democratic administrations did harm to other countries is ridiculous.

I was pointing out that the Democrats have hand JUST as bloody as the Repubs. I have ZERO use for either party. In that post I noted:

Dwayne Orville Andreas,(CEO of Archer Daniels Midland Company and former employee of Cargill, is the most prominent political campaign donor in the United States. He contributed millions of dollars to Democratic and Republican candidates alike for DECADES.

I just get sick and tired of hearing how awful the Republicans are and how "Lily-White" the Democrats are.

As far as the Tea Party is concerned, the "grass roots movement" started long before them with Liberals AND Conservatives concerned about our food supply.

It started with CLINTON's WTO and "traceability" Here are a couple of the organizations:
nonais.org...
naissucks.com...

farmwars.info...
www.healthfreedomusa.org...

The more research we did the more horrified we became as we unearthed the whole stinking mess about the take over of our food supply. After seeing that mess we started looking further afield, uncovering the Federal Reserve Scam and other schemes to concentrate power and wealth into the hands of a very few.

I suggest you read [url=http://www.opednews.com/articles/History-HACCP-and-the-Foo-by-Nicole-Johnson-090906-229.html]History, HACCP and the Food Safety Con Job What Nicole says about the Committee for Economic Development and farming applies to their manipulation of all aspects of our economy.

..With World War II, America saw its agricultural system intentionally subjected to political policies that radically transformed it...

This transformation was the result of organized plans developed by a group of highly powerful -- though unelected -- financial and industrial executives who wanted to drastically change agricultural practices in the US to better serve their collective corporate financial agenda. This group, called the Committee for Economic Development, was officially established in 1942 as a sister organization to the Council on Foreign Relations...

Some of the report's authors would go on to work in government to implement CED's policy recommendations....

CED members were influential in business, government, and agricultural colleges, and their outlook shaped both governmental policies and what farmers were taught....

The current level of economic concentration we see today is the result of careful strategic planning.

www.opednews.com...

Get the blasted blinders off please people, we are being played by experts with decades if not centuries of experience and all the money and power on THEIR side.