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  • Paulson’s Parallel Universe

    George Washington’s Blog
    Saturday, Oct 25, 2008

    In the real world, strong banks that made good decisions should thrive and weak banks which made dumb investments and lending decision should fail.

    But in the parallel universe inhabited by Sec Treasury Paulson, the wealthiest banks as well as poor banks should all get bucket loads of money so consumers won’t know which are weak and which are strong, but will keep on banking with the weak banks. As CNBC writes:

    “Nine of the largest U.S. banks were essentially arm-twisted last week into signing on for the first $125 billion in capital infusions in an attempt to remove the stigma that participating banks need the funds to survive.”

    In the real world, banks aren’t lending, and they’ve admitted that – no matter how much the government throws at them – they won’t lend in the foreseeable future.

    But in Paulson’s parallel universe, the banks will be cheerfully handing out loans loans left and right to every mom and pop who politely ask:

    “Our purpose is to increase confidence in our banks and increase the confidence of our banks, so that they will deploy, not hoard, their capital. And we expect them to do so, as increased confidence will lead to increased lending,” Paulson said on Monday.

    In Paulson’s reality, everything is working out just fine. But in the real world where the rest of us live, the real problems aren’t being addressed, and the bailouts are only making problems worse.

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    55 Responses to “Paulson’s Parallel Universe”

    1. rich Says:

      Paulson needs to click his heels together and wake up in the real world !!!!!!!!!!!

      http://www.youtube.com/watch?v=nWyQOh64Qy8

      goldieshouse.piczo.com

    2. paulson TRAITOR Says:

      Paulson Bernanke, and President Bush should be IMPRISONED in Guantanamo bay. They are Terrorists.

    3. Joe in JT Says:

      In Paulson’s parallel universe the common working man doesn’t exit.

      Knock Knock…Who’s there? How do you scare 2 billion Asian’s into tanking their stock market?
      How? Take Allen Greenspan out of the attic again and let him give another inspirering speech about financial tsunami’s. Asian’s know that word…tsunami.

    4. recession is retarded Says:

      straighten the symbology

      river bank -water flows anyone can have it
      river damm- water does not flow except as a trickle

      now then
      ****
      what is the economy?????

    5. mr_bad Says:

      Paulson’s theory is makes perfect sense in la la land. Because naturally, people aren’t greedy or fearful, and everyone always does the right thing because they care.

      Someone should ask Paulson if believe in Santa Claus and the Easter Bunny because his plan is going to need someone to sprinkle some fairy dust on it in order for it to work.

    6. RON PAUL IS MY DADDY! Says:

      this is rediculous. #2 has it right just add greenspan to Bernanke Bush and Paulson and you have the largest 4 domestic terrorists ever, oh wait lets not forget John McCain and Lord Obama!

    7. axxess Says:

      down down with the evil empire

      all those worshipping the false tower of bable
      which is the financial institutions worldwide
      gd allowed them to be built up
      just so you will be in awe of gd’s power
      when they come tumbling down

      why did our towers dedicated to money worship fall
      why did the the twin towers fall
      they were the physical representation
      of the center of the US financial money
      money worshippers towers of money worship
      the money worshippers
      moneychangers

      now the entire false gd built on money is falling
      all financial institutions will fail
      they are representations of money worship
      all will fall to the might of the one gd

      you placed money before gd
      you worship money as if it were a gd
      false idol worship of money
      are going down down down

      you abort 3 million american babies a year
      you let them breath then kill them
      murder ?
      where is this referred to murder
      the bible ?
      what is this book
      the bible ?

      prayers out of school.
      then guns into school

      gd goes out
      evil goes in

      you allow your governement to kill innocent iraqi, afghan and others all over the world
      you have 155 military bases in the world
      these will all fall
      you drug you armed forces so they will kill innocents
      you allow the cia to track library books
      who is reading what ?
      who cares?

      you allow the military to listen in on ALL calls in USA and abroad
      pass copies of sex tapes from US forces to wives
      as if that will help you find bin laden

      wow, if they found bin laden
      they would have to create another monster for you to fear

      they do not want to find bin laden
      wake up people

      you tell me the mighty USA can not find a man
      you mean i could hide with 10,000 people in a cave
      and never be found if we owed the IRS taxes?

      they do not find,
      as they do not look

      sh!t we would be found the next day
      right ?

      you are the most drugged nation ever

      you are depressed because you realize your empire is evil
      they drug you

      you do not want to kill innocents
      they drug you

      you express concern over homeless people or the healthcare
      they say you have unwarranted anxiety
      they drug you

      you are sad, as you see the evil right before your eyes
      they drug you

      you see the shame of your country and drink alcohol to deaden the pain
      you drug yourself. that is the saddest

      you are all drugged in one form or another
      alcohol, heroin, caffeine, antidepressants, antianxiety, stress pills, mood pills

      you are drugged, blind or asleep
      get real people
      wake up

      go ahead and get mad
      do not get mad at me, the messenger
      get mad at those that mislead you

      get off that damn couch and get active
      now
      not tormorrow

      sad
      lazy americans
      they never hear the call to action

      change the channels folks
      this channel makes you nervous

      better go watch some mass media fed news to the masses
      or cartoons
      then you will feel better

      besides
      why would they ALL lie to you
      what do they have to gain
      besides your freedom
      your soul

      nothing going on here folks
      just a lunatic

      do not listen to the crazy man

      now here, take this pill
      and you worries will go away

      o, yes, and please give us your guns
      we do not want the masses to awaken from their drugged state
      and find that they still have “the right to bear arms ”

      now that makes them nervous
      not us.

    8. recession is retarded Says:

      amiga not windows 0s 4.1
      fuck bill gates

    9. Isabel Says:

      LYNCH PAULSON!!!

    10. stygma Says:

      remEMber AMIGA GB PLC??

      AMIGA IS NOT DEAD.
      AMIGA IS TECHNOLOGICALLY SUPERIOR.
      AMIGA IS STILL AVAILABLE
      HELP THE AMIGA

      OS4.1

      hyperion
      samepp440
      freescale
      freescale
      freescale
      freescale
      amiga

      Not nt
      not windows
      not 600 watts
      not linux sellouts*

      amiga =effiancy
      amiga =reduced energy consumption
      amiga is available
      amiga = software ability and HARDWARE FREEDOM

    11. ak47 Says:

      recession is retarded – that has to be one of the coolest things I’ve seen on a PP post.

      Screw the New World Order. Use superior tools they cannot track, trace, or that they barely understand!

      Amiga Power > NWO!

    12. GIVE GATES THE BILL Says:

      ****
      make software secricy ILLIEGAL****
      OP CODE^^^

      quadratic eqation
      consciousness

    13. GIVE GATES THE BILL Says:

      freescale the money
      take it from gates
      software SECRACY MAKE ILLEGAL DUH

    14. NeoCon Narc Says:

      Iceland is perfect example of his interpretations.
      Britain was threatening them because they owed money.
      But now they have agreed to 2.1 Billion loan, everything is hunky dory.
      It reminds me of credit card companies.
      If you focus on paying them off and the CC’s don’t make as much money they cancel you and become hounds.
      But if you keep running up their fees and interests. All you have to pay is the minimum.
      Play our game or lose.
      Does’nt take a genius to realize a leech is sucking your blood dry.

    15. GIVE GATES THE BILL Says:

      nor to realise which leech

    16. GIVE GATES THE BILL Says:

      not death to the NWO but DEBT to the NWO

    17. Howard in the American Bastille Says:

      Kinda like an old Star Trek episode. But this parallel universe is too frightening real.

    18. gridmapped invers Says:

      check****
      10 AU from the Sun
      8 bit from the alu syn

      north american secrets agency

    19. gridmapped invers Says:

      the WHOLE spectrum
      z80a
      opcode^^^

    20. "C" Says:

      ‘My: Friends..buy some food, a water filter, guns; silver, gold, and supplies / for survival:..
      …oh! add some honey , hemp protien; blankets and ADD A BIG DOSE OF LOVE!

      (paulson is a nazi! in need of a new heart…like the “Tin-Man” from the Land of OZ!)

    21. Pitz Says:

      the NDP party of canada directly adressed this. they got 18% of the popular vote but less seats then the bloc. I think this is stupid and people need to look at the NDP’s platform, it is well put to gether and provides much better social services to the people at the cost of the corporations!! doesent that make u feel all jittery inside

    22. ventur Says:

      HEY OUT THERE…. I live next to the windsor detroit tunnel….i go thru the almost everyday and have noticed something that is very disturbing…. Im an vision system engineer for the big three installing vision systems that inspect parts being made…. In the last week i’ve notice that they where installing a new vision license plate recognition system …. but the other thing i noticed yesterday was they had faced to camera’s towards the driver side window and front windshield…. they have completed two lanes so far….. as i was waiting my turn to get to the booth, the lane next to me was working and i noticed the red flash of red led’s against the paint of the car…. it was taking a picture of the driver as he passed a sensor on the ground….i thought it was illegal to take pictures of someone with out there consent on private property…..this really is bullshit….when i got to the booth i asked the border guard what they where taking pictures of peoples faces for… he then looked at me very funny and said how did i know that…. so i told him that i was a vision engineer… he then started to ask me a whole bunch of questions like i was some crimal….. i know now that they are making a database of peoples faces with there respected vehicle plate and make of car….. the system is diffenately a facial recognition system…… the marshall law scenario is getting closer and closer….. and the other thing is that these guys where really kicking ass to get it done….. usually for goverment jobs they take there time…. but its only been a week…. and there almost done…… its coming…. i feel it….using my knowledge and logic……. buy food….and arm your self quickly before its too late……peace to all is what it should be……

    23. Jimmy Neutron Says:

      In 1997, Chao slammed the Chinagate probe and its media coverage for singling out Asians. McConnell fought the hearings chaired by then Sen. Fred Thompson.

      AIG owns a large percentage of the People’s Insurance Company of CHINA.

      Hundreds of BILLIONS of dollars of the Bail Out are ultimately going to FOREIGN investors – mostly Chinese, according to Rep. Brad Sherman, D-Calif. “They know it, they Demanded it, and the bill has been carefully written to make sure that can happen,” he said.

      With all this history in mind, the question becomes not why did the Senate Republican leader jump on the Bail-out wagon, it becomes why didn’t McConnell excuse himself from the negotiations and vote on the BailOut because of a blatant CONFLICT OF INTEREST?

      But he didn’t.

      In fact, McConnell helped lead the charge.

      He became the ‘Point man’ in the U.S. Senate to persuade Republicans, who might otherwise be slightly more inclined to be skeptical of U.S. Taxpayer bailouts of FOREIGN Creditors, to go along with the swindle.

      Yes the Sell Out Bail Out 2008 was basically a primer to keep the CHINESE at bay and keep them from pushing our economy down. Of course Bushies know that without the COMMUNIST Support of the US Economy the Fed may just well be replaced as many have predicted is necessary if we are going to completely CLEAN HOUSE. That includes Paulson’s Resignation as well.

    24. england expects Says:

      you lot still arguing over who is to blame for this ??? FUCKING HELL HELLO USA!!!!!!!

    25. zbigview Says:

      FUCK ALEX for treating the .tv members as dirt.
      not a single link to the concert on that blog
      As the only blog you have to pay for I expect at least that blog to have ALL the latest info.

    26. zbigview Says:

      Slightly start thinking about critisizing ALEX for treating the .tv members as dirt.
      not a single link to the concert on that blog
      As the only blog you have to pay for I expect at least that blog to have ALL the latest info.

    27. zbigview Says:

      including links to all his other blogs…

    28. Fighting Irish N.D. Wins Says:

      They just keep swallowing us
      They just keep HUSTLING us
      They just leading us down, down

      They just hold us back
      Wished I could just see the Attack
      They just keep beating us DOWN, Down

      It’s TIME we Took Up a Stand
      Take a WRONG out of our hands
      Because right now we just don’t REALIZE

      What’s NEXT
      Look what they’ve done to us
      They don’t know who to trust, oh

      What’s Next
      It’s just so meaningless
      Wish I was separate in this, oh

      Take us out to just put them in sand
      Pull the CHILD right from the MAN
      It’s not hard to get swallowed up
      Time explode is fucking us up

      See the LIES that he(jr) has SOWN
      Fucks us up then he has us done
      Fucks us up then he has us done
      This time he has taken us up this throat

      What’s next
      Look what they’ve done to us
      They don’t know who to Trust, oh

      What’s next
      It’s just so meaningless
      Wish I was separate in this, oh

      They just keep swallowing us
      We don’t know who to trust
      [X4]

      They just keep swallowing us
      We’ve got EACH OTHER to Trust
      [X4]

      What’s next
      Look what they’ve done to us
      They don’t know who to trust, oh

      What’s next
      It’s just so meaningless
      Wish I was separate in this, oh

      Propaganda works both ways eh?
      2008
      http://www.youtube.com/watch?v=OoUu2kHzh7I

    29. Renegade 777 Bankster Says:

      If you agree, call your Congressman today…
      Federal Reserve Board Abolition Act (Introduced in House)
      HR 2755 IH
      110th CONGRESS
      1st Session
      H. R. 2755
      To abolish the Board of Governors of the Federal Reserve System and the Federal reserve banks, to repeal the Federal Reserve Act, and for other purposes.
      IN THE HOUSE OF REPRESENTATIVES

      All I ask is can we get this RUSHED through CONGRESS with any “Stimulating” Bill to regenerate the economy? Attach this to the BILL Dr. PAUL!

    30. Rep. Ace Ventura Says:

      @Renegade 777 Bankster

      do you mean this H.R. 2755?

      SEC. 2. FEDERAL RESERVE BOARD ABOLISHED.
      (a) In General- Effective at the end of the 1-year period beginning on the date of the enactment of this Act, the Board of Governors of the Federal Reserve System and each Federal reserve bank are hereby ABOLISHED.
      (b) Repeal of Federal Reserve Act- Effective at the end of the 1-year period beginning on the date of the enactment of this Act, the Federal Reserve Act is hereby REPEALED.
      (c) Disposition of Affairs-
      (1) MANAGEMENT DURING DISSOLUTION PERIOD- During the 1-year period referred to in subsection (a), the Chairman of the Board of Governors of the Federal Reserve System–
      (A) shall, for the sole purpose of winding up the affairs of the Board of Governors of the Federal Reserve System and the Federal reserve banks–
      (i) manage the employees of the Board and each such bank and provide for the payment of compensation and benefits of any such employee which accrue before the position of such employee is Abolished; and
      (ii) manage the assets and liabilities of the Board and each such bank until such assets and liabilities are liquidated or assumed by the Secretary of the Treasury in accordance with this subsection; and
      (B) may take such other action as may be necessary, subject to the approval of the Secretary of the Treasury, to wind up the affairs of the Board and the Federal reserve banks.
      (2) LIQUIDATION OF ASSETS-
      (A) IN GENERAL- The Director of the Office of Management and Budget shall liquidate ALL ASSETS of the Board and the Federal reserve banks in an orderly manner so as to achieve as Expeditious a liquidation as may be practical while maximizing the Return to the Treasury.

    31. TRUTH Says:

      Evil is the real enemy, that don’t care about human life…Its GLOBALIZATION, and were the slaves…We take the bait, and we keep getting pulled in further, and further…We need to break the chains that hold us down, THIS IS NOT FREEDOM…Do you honestly think working day after day, and than having all of this corruption STILL GOING ON…Its not paying off…Lets go 2009, EVERYONE MUST KNOW BY NOW THAT 2012 PLANETARY ALIGNMENT IS REAL, AND THESE PAST 2 YEARS HAVE PROVED ITSELF…THE ILLUMINATI HAS BUILT STRONG ARCHITECTURAL TALISMANS TO INVOKE EVIL SPIRITS, AND THE DEAD WILL SOON WALK AMONG US IN THESE NEXT 3 YEARS, THIS IS THEIR TRUE KNOWLEDGE THEY DON’T WANT YOU TO KNOW…THE OVERSEERS OF THE WORLD “ELITES” ARE ACTUALLY DEMONIC SPIRITS, MAYBE EVEN KNOWN AS “ALIENS”, BUT REALLY ITS EVIL, AND YOU WILL SEE THROUGH PROJECT BLUEBEAM HOW GULLIBLE THE MASS REALLY IS…

      GOD BLESS EVERYONE, LET THE STRONG AND WISE SURVIVE, ALL OTHER SAINTS, YOU WILL HAVE YOUR PLACE IN THE HEAVENS

    32. 69 Says:

      The world is ready for the darkhorse candidate and the majority doesn’t even know it yet.

      Have you not noticed the media looks like Pleasantville recently.

      There is a reason for that.

      Oklahoma City will be the first to completely snap into the new age.

      They are ready to set a spark for the world.

      OKC = New Babylon.

      The riddle is solved, and it is not painfull.

    33. ROOT DOWN Says:

      Ron Paul explains how the extreme government intervention proposed by neo-fascists Paulson and the rest of the Bush Administration would in fact hurt the people. Any time you plunder the living day lights out of responsible individuals in order to back stop the mistakes of the ignorant, greedy and/or corrupt banking practices, you are setting EVERYONE up for Failure. NO TAXPAYER BAIL OUTS FOR NWO Stooges.

      http://www.youtube.com/watch?v=UPgqI1e-rDo

    34. Express Yourself Says:

      Paulson’s former firm to be among largest beneficiaries of bailout: bank

      …Paulson was the head of Goldman Sach’s investment banking division from 1990 to 1994. He later became chairman and chief executive officer of Goldman, and left his post to join the Bush Administration…

      Whats wrong with this picture
      Isnt this what is known as Bribery on the highest level? Well bribe for a couple thousand we send Senetors to prison, Bribe for Billions we call them Saviours of the Economy.

      Now we find that after all this time Bernake and Paulson have been selling a Pipe Dream. Yes some of you bought it and sold it on Prime Time TV every chance you got… But (1000 to 1) calls into the House Of Representatives against voting for this piece of crap isnt bad odds.
      http://www.youtube.com/watch?v=I2F2NC3FAjo
      Dont forget to call your REP. and Express Yourself

    35. White Lines Says:

      (jr) sell your SOUL

      I believe in (jr) he has been the best prezs ever, I dont care if only 5% actually believe that and know I am not a banker!

      If you dont like our commander in Failure you can just give him the One Finger Salute… at least you still have to salute my guy!
      http://www.youtube.com/watch?v=qwBCt2KxgkA

    36. Babl 5 Says:

      Hell No! This Bailout is what Naomi Klein was saying about in the “Shock Doctrine.” I am pissed and I will not be willingly handing over any money, to cushion their already good nest egg (I.E. Golden Parachute). All the Middle Class and poor are suffering…The Bush Years have decimated the Middle Class. We are still paying for Iraq (in the Trillions now) and our servicemen are still dying. Let the Politicians and Wall Street feel what we are feeling. Tax the rich that’s were the money is!!!
      The Choice is between Nazi’s and Communist, or INDEPENDANT(Nadar, Ron Paul, McKinny, other better choices…)
      Let them reap the Whirlwind, we still have other choices
      Where do we go from here?
      http://www.youtube.com/watch?v=Wn2ooO3QHsU

    37. John Stewart Says:

      Jon Stewart of the Daily Show was particularly incensed by Treasury Secretary Henry Paulson’s coy reluctance to accept taxpayers’ money unless his decision on how to spend it are made “non-reviewable.”

      “Before we hand this Munster-esque unelected official 700 BILLION no-strings-attached-dollars,” Stewart remarked, “there is one thing you should know –this financial guru never saw it coming.”
      “I’ve got great confidence in our financial market,” Paulson stated last March. “Our Markets are resilient, are flexible. Our Institutions, our Banks, and Investment Banks, are strong.”

      Stewart turned next to “Daily Show” analyst John Oliver, saying, “After Katrina, after Iraq… I didn’t think there was another area that these guys could screw up.”
      “It wasn’t easy,” Oliver replied, “It was like finding a vein on a failure junkie.”
      “Is this economic crisis, then, sort of the turd icing on this administration’s shitcake?” Stewart wondered.

      “You’re saying the president here won’t be satisfied until American children are eating roadkill?” suggested Stewart.
      “Until they’re fighting over roadkill,” Oliver emphasized. “Until roadkill is the prize for the strongest.”

      http://www.youtube.com/watch?v=kUS51UDX9ks
      lets speed up the whirlwind

    38. Patrick Hutchinson Says:

      Shut Down the Federal Reserve – (the only solution to the financial crisis)

      With depression at the doorstep, it is time to fire the Federal Reserve. Western economies are on the brink of total collapse; only prompt, decisive and radical measures can prevent complete world economic ruin. Ironically, Russia and China are in a much better position to weather this up-coming storm than western countries.

      The American rescue plan plodded through Congress and the world was hopeful when the $700 billion package went through. Alas, any relief was very short-lived and the package sent the share markets into even more pronounced gyrations.

      Despite the whole rescue package being ill conceived, the pundits foolishly applauded the upward surge in the share markets. The recent rescue package was designed to give the ruling elite back money they used to artificially prop up the share markets. The package is a short-sighted, band-aid measure that helps secure the seats of incumbent politicians. But, the main beneficiaries of all these are the ruling elite and their Federal Reserve.

      The failed rescue package was immediately followed by piece-meal assistance for certain individual banks. This gave the market a temporary boost. Again, it was short-lived. These volatile market swings should offer no comfort to anyone except speculators, who are becoming richer at the expense of everyone else.

      The band aids will not help the economic crisis. There is a systemic problem. The Federal Reserve and all the central banks in the world that are designed on its model are defrauding the people of the world.

      There is no rational reason why the U.S. Congress cannot print its own currency. The Congress was intimidated, bribed and blackmailed into creating and maintaining the Federal Reserve Bank. The Federal Reserve was awarded a contract to manage the currency in America. The cost of that contract to the U.S. has been $10 trillion in national debt.

      To try to cover for the Federal Reserve’s greedy fraud, many countries are being forced to pay into the Federal Reserve coffers to keep the world economy afloat. One of the ways they are being forced to pay is through devaluation of their currencies with respect to the U.S. dollar, which is a way of building up America at the expense of others in the world.

      All of the band-aid measures will fail. The problem is the Federal Reserve, which concept is founded upon debt-based currency and fraud. It must be closed down or it will continue to suck the resources of the U.S. with its currency management contract. The American government could do the Federal Reserve’s job for virtually nothing, and save the U.S. taxpayers between $200 and $900 billion each year in interest off a debt that will never be paid off.

      Since the U.S. cannot pay off the debt, the rest of the world is being called in to assist in the maintenance of the Federal Reserve. Further, many other nations have similar central banks, so they are also paying their respective national debts on their currencies in addition to being asked to fund the U.S. currency debt.

      It is time to let the U.S. currency debt fail, close down the Federal Reserve entirely, and begin on the road to correcting the fraud that lies deep in world economic affairs. It is time to shut down every central bank that mirrors the Federal Reserve. It is time that the people stop feeding the ruling elite through their central banks. Obama and McCain are offering no real solutions whatsoever. They are both staying within the band-aid scenarios that support the Federal Reserve.

      The Federal Reserve is a cancer that has nearly killed the entire world economy. That cancer must be surgically removed from the world’s economy, or it will soon kill the patient. There is no other viable alternative at this late stage. If either candidate, McCain or Obama, will pledge to eradicate the Federal Reserve, all freedom-loving people should get behind that candidate. If neither of them will take down the Federal Reserve, the world’s economic doom is sealed.

      W.B.W. Light-Rider
      16 October 2008

      http://www.thomaspainereturns.net/

    39. BAil OUT Says:

      http://www.youtube.com/watch?v=yUuiXhtP4PE
      Im thinking if Paulson Resigns he just might sleep at night!
      But then again he has been paid alot to make sure he gets the right Bail Out even if they already sold thier soul on the one they got.

    40. bloodthirsty Says:

      Idiots your so called “JESUS” IS A FALSE PROPHET/ENTITY!.He doesnt exist and never has.If you know the Egyptian hyrogliphics the original so called JESUS name was HORUS!!!Born,died,& resurrected on the same day!Google the name HORUS and i guarantee your gonna see what im telling you is true.Jesus is bullshit!!!The belief in 1 god is called MONOTHEISM.Religion was created to have mind control over you.Its main purpose is to make you feel GUILTY of anything the rich think is wrong! EXAMPLE:stealing what they supposedly own.If people dont feel guilty of anything ,these rich power hungry people would never be able to take power.If religion is so “sacred” why do military personal kill w/o hesitation?Im talking about military warfare thats been waged since man first created villages thousands of years ago to our present day “NATIONS”.Stop being fooled people WAKE THE HELL UP!!!

    41. CanadianSympathizer Says:

      #22 >>> The biometrics in place at the Windsor-Detroit tunnel are part of a larger initiative called the Smart Border Initiative. The purpose is, as stated in the documents, to ease the border congestion and increase the flow of goods and people across land, air and sea crossings. IMO, it sounds like one step closer to a collapse of the borders and the sovereignty of Canada.

      Check out the link below for a pretty comprehensive list of the biometric projects either already in place or planned for Canada. (The scary part was Alberta using biometrics and facial recognition for DLs since 2004 and the proposal to have a National ID card! I’m glad I am as far away from Alberta as you can get and still live in Canada!)

      http://www.ferenbok.com/biometricIDforum/FAQ.html

    42. Blackbird Says:

      U.S. and Texas Law on Independent Militias
      Our duty as citizens

      Most American citizens are aware that the U.S. Constitution guarantees certain rights and limits the powers of government. However, it also imposes certain duties, not only on organs of government, but on each citizen. One of these duties is to function as members of the Militia, and the state has the duty to organize and train citizens to so serve.

      The U.S. Constitution provides for this in Article I, Section 8:

      Congress shall have power …

      To provide for calling forth the Militia to execute the Laws of the Union, suppress Insurrections and repel Invasions;

      To provide for organizing, arming, and disciplining, the Militia, and for governing such Part of them as may be employed in the service of the United States, reserving to the States respectively, the Appointment of the Officers, and the Authority of training the Militia according to the discipline prescribed by Congress;

      The Framers contemplated that the citizens who compose the Militia would provide their own weapons, which is reflected in the Second Amendment:

      A well-regulated Militia, being necessary to the security of a free State, the right of the people to keep and bear Arms, shall not be infringed.

      It is important to understand that the prevailing practice at the time the Constitution was adopted was for people in each locality to organize as independent local militias and to train themselves. The only change the Framers sought to make was to make this organization and training more systematic, along the model of Switzerland. They never imagined that future governments might try to restrict the local organization and training of independent militias by contending that people had the right to assemble and the right to keep and bear arms, but not to combine the two rights. To them that would have seemed absurd.
      U.S. legislation on the Militia

      In 1792 President Washington tried to get Congress to fully implement the constitutional requirement for organizing and training the Militia, but Congress, wanting to avoid the expense imposed on the states, only agreed to pass a law that required every able-bodied [free] male to keep a “musket or firelock”. This was the Militia Act of 1792. By failing to require organization and training, it laid the basis for the decline of the Militia tradition.

      In 1903, the Militia Act of 1792 was superseded by the Dick Act, which established the National Guard system, and made a distinction between the “organized” and “unorganized” Militia, reflecting the attitude that the Powers that Be didn’t want most of the people to get organized as independent militias, despite the support for universal military training from most U.S. Presidents up to the administration of Harry Truman.

      The Dick Act is encoded in 10 USC:
      United Stated Code (USC)
      TITLE 10–ARMED FORCES

      Section 311. Militia: composition and classes

      (a) The militia of the United States consists
      of all able-bodied males at least 17 years of age and, except as provided in section 313 of title 32, under 45 years of age who are, or who have made a declaration of intention to become, citizens of the United States and of female citizens of the United States who are commissioned officers of the National Guard.
      (b) The classes of the militia are–

      (1) the organized militia, which consists of the National Guard and the Naval Militia; and
      (2) the unorganized militia, which consists of the members of the militia who are not members of the National Guard or the Naval Militia.

      Section 312. Militia duty: exemptions

      (a) The following persons are exempt from militia duty:

      (1) The Vice President.
      (2) The judicial and executive officers of the United States, the several States and Territories, Puerto Rico, and the Canal Zone.
      (3) Members of the armed forces, except members who are not on active duty.
      (4) Customhouse clerks.
      (5) Persons employed by the United States in the transmission of mail.
      (6) Workers employed in armories, arsenals, and naval shipyards of the United States.
      (7) Pilots on navigable waters.
      (8) Mariners in the sea service of a citizen of, or a merchant in, the United States.

      (b) A person who claims exemption because of religious belief is exempt from militia duty in a combatant capacity, if the conscientious holding of that belief is established under such regulations as the President may prescribe. However, such a person is not exempt from militia duty that the President determines to be noncombatant.

      TITLE 32–NATIONAL GUARD

      Section 313. Appointments and enlistments: age limitations

      (a) To be eligible for original enlistment in the National Guard, a person must be at least 17 years of age and under 45, or under 64 years of age and a former member of the Regular Army, Regular Navy, Regular Air Force, or Regular Marine Corps. To be eligible for reenlistment, a person must be under 64 years of age.
      (b) To be eligible for appointment as an officer of the National Guard, a person must–

      (1) be a citizen of the United States; and
      (2) be at least 18 years of age and under 64.

      It should be understood that these definitions apply only to the Militia that is subject to call-up by the federal government, and states may require other people to perform militia duty, with different age ranges and exemptions.
      Texas law on the Militia

      The Texas Constitution once had a strong provision regarding militias:
      Article 16. Section 46.

      The Legislature shall provide by law for organizing and disciplining the militia of the State, in such manner as they shall deem expedient, not incompatible with the Constitution and Laws of the United States.

      This section was deleted. The effect of this is that such authority reverts back to local communities.

      Present statutes are encoded in Texas Government Code Chapter 431:
      Subchapter A. General Provisions

      431.001. Definitions

      In this chapter:

      (1) “Reserve militia” means the persons liable to serve, but not serving, in the state military forces.

      (2) “State militia” means the state military forces and the reserve militia.

      (3) “State military forces” means the Texas National Guard, the Texas State Guard, and any other active militia or military force organized under state law.

      (4) “Texas National Guard” means the Texas Army National Guard and the Texas Air National Guard.

      431.010. Organization Prohibited

      (a) Except as provided by Subsection (b), a body of persons other than the regularly organized state military forces or the troops of the United States may not associate as a military company or organization or parade in public with firearms in a municipality of the state.

      (b) With the consent of the governor, students in an educational institution at which military science is a prescribed part of the course of instruction and soldiers honorably discharged from the service of the United States may drill and parade with firearms in public.

      (c) This section does not prevent a parade by the active militia of another state as provided by law.

      Subchapter D. Texas State Guard

      431.051. Supplemental Militia

      To provide militia strength for use by the state as a supplement to the Texas National Guard, the Texas State Guard exists as part of the state militia under the Second Amendment to the United States Constitution and a defense force under 32 U.S.C. Section 109.

      Subchapter F. Service and Duties

      431.081. Persons Subject to Military Duty; Persons Not Eligible to Enlist

      (a) A person is subject to military duty if the person is:

      (1) able-bodied;
      (2) a citizen or a person of foreign birth who has declared an intent to become a citizen;
      (3) a resident of the state;
      (4) at least 18 and not more than 60 years of age; and
      (5) not exempt under Subsection (b) or (c) or United States law.

      (b) A person is exempt from military duty, except in case of war, insurrection, invasion, or imminent danger of war, insurrection, or invasion if the person is:

      (1) the lieutenant governor;
      (2) a member or officer of the legislature;
      (3) a judge or clerk of a court of record;
      (4) a head of a state agency;
      (5) a sheriff, district attorney, county attorney, county tax assessor-collector, or county commissioner;
      (6) a mayor, council member, alderman, or assessor and collector of a municipality;
      (7) an officer or employee of the Texas Department of Corrections, a state hospital or special school, a public or private hospital, or a nursing home;
      (8) a member of a regularly organized and paid fire or police department in a municipality, except that a person is not relieved of military duty by joining such a department;
      (9) a minister of the gospel exclusively engaged in that calling; or
      (10) a person who conscientiously scruples against bearing arms.

      (c) A mentally disabled person, vagabond, confirmed alcoholic, narcotics addict, or a person convicted of an infamous crime is exempt from military duty regardless of circumstances.

      Now, what about that Section 431.010 prohibiting military companies or organizations or parades within municipalities? It clearly expresses hostility to independent local militias within municipalities, but it has no penalties, and does not apply to rural areas. It’s main intent seems to be to discourage local officials from calling up the militia.

      The only statutes which local officials might invoke against a militia muster within a municipality would be those against exhibiting a firearm in a way that “alarms” the public. However, centuries of common law makes it clear that merely carrying firearms is not to be considered “alarming”. The arms must actually be brandished toward someone in a threatening manner. This would not prevent arrests on this ground, of course, but successful prosecution is unlikely if the courts follow the law and the Constitution.

      Some of these points are more fully discussed in 29 Tex. Jur., Sections 4 and 5, and in 12 Tex. Jur. 3d., Sections 12-28.

      The only significant case law involving this statute is a federal case, Vietnamese Fishermen’s Ass’n v. Knights of the Ku Klux Klan (D.C. 1982) 543 F.Supp. 198, in which the plaintiff invoked the state statute in a federal suit for injunction against the defendant. The injunction was granted, and the judge took advantage of the case to write an opinion on the interpretation of the state statute. However, that opinion has no stare decisis effect, because this was not an appeal, nor was the judgement appealed. The injunction was properly granted under common law against intimidation, but a federal judge had no real business interpreting state law. However, it is indicative of how that judge might decide the constitutional issues in other cases. The case does, however, underscore the importance of distinguishing between private associations and public militias, and of making sure that any constitutional militias that may be organized take care not to take on the attributes of a private group. Too many people, including authorities, have examples in mind like the KKK, and we must always make sure to distance ourselves from such partisan organizations, and, indeed, indicate that the suppression of such groups is one of the things that a real militia might be called up to do.

      There is another statute that arguably involves the Militia, the Texas Disaster Act of 1975, which has among its purposes, “providing an emergency management system embodying all aspects of predisaster preparedness and postdisaster response. See 12 Tex. Jur. 3d. Sections 51-53. If fully implemented, the organization of local militia units seems to be required under this Act.
      Conclusions

      Present U.S. and Texas law clearly fail to implement the requirements for organizing and training the Militia established by the Framers. However, we must also recognize that this failure goes all the way back to 1792, and that such organizing and training are, therefore, left to the people themselves, in the form of independent local militias, which they have a constitutional duty to maintain in a high state of preparedness, even if they get little support from the authorities, and indeed, especially if they get opposition from the authorities.

      You have your (DICK ACT) of 1792!
      Section-311.
      Use it!!!

    43. Concerned Citizen Says:

      Thank you for alerting us to these chaotic “solutions”. There is a saying, “Don’t throw good money into a bad investment.” We need change! Much of our economic woes are due to falling incomes, lost jobs, and inflation which are hurting the buying power of the poor and middle class. It all stems back to electing leaders who don’t watch out for the interests of our citizens. I’m voting for Chuck Baldwin for President as he supports obeying the Constitution. He also supports bringing back reasonable tariffs and protecting our borders and workers. “He that ruleth over men must be just, ruling in the fear of God.” (from the Bible, 2nd Samuel, 23:3)

    44. Land Of Confusion Says:

      http://www.youtube.com/watch?v=en–izIe5Fw
      I can relate to Billionair Banks and how they fund our great American Companies to move to outher cheaper labor countries like Mexico and CHINA. Thanks my gangster bankers I will remember how you kept this country strong…

    45. Bankster Gangster Says:

      http://www.youtube.com/watch?v=DQA1d0QQvf8

      Some of you arent being fair. Put yourself in Paulson’s shoes… he used to make big money for his ‘investors’ and now he cant seem to make any right decision. Now he is viewed as Bernake a bumbling idiot whose words precipitate a fall. Give him a break he is only trying to save a “FLAWED” system from the corruption that has permeated every ounce of the Wall Street Gambling Market. If that is Failure, where would we be as a country without his guidance and lobbying for more Taxpayer Bail Outs in the Future? Someone has to sell this crap and it might as well be a former Big Money Manager who still has some interest in Goldman Sachs to make them some more money on the way out. Yes, we look out for our own!

    46. V4V Says:

      Bailouts needed are over 89 Trillion dollars , what we see now are the tip of Ice Berg.
      They need the demolish this model and strat from stcrach. With No place for Lobbiest(legalised BRIBES) in the structure!!!
      http://www.youtube.com/watch?v=9lrmTu2gXvw
      Time FLYs when your having fun…

    47. Optimus Says:

      http://www.youtube.com/watch?v=cMjoGgmGIfc
      Rhinox has made his choice. If we change his mind then we’re no better than Megatron. Let him go now. Without Free Will, Freedom isn’t really Freedom at all. I pray in time you understand that.
      9991

    48. 300 Says:

      Persian: A thousand nations of the Persian empire descend upon you. Our arrows will blot out the sun!
      Stelios: Then we will fight in the shade.

      http://www.youtube.com/watch?v=kUS51UDX9ks

    49. 300 Says:

      There will be no glory in your sacrifice. I will erase even the memory of Sparta from the histories! Every piece of Greek parchment shall be burned. Every Greek historian, and every scribe shall have their eyes pulled out, and their tongues cut from their mouths. Why, uttering the very name of Sparta, or Leonidas, will be punishable by death! The world will never know you existed at all!
      300

      http://www.youtube.com/watch?v=kUS51UDX9ks

    50. 300 Says:

      There will be no glory in your sacrifice. I will erase even the memory of Sparta from the histories! Every piece of Greek parchment shall be burned. Every Greek historian, and every scribe shall have their eyes pulled out, and their tongues cut from their mouths. Why, uttering the very name of Sparta, or Leonidas, will be punishable by death! The world will never know you existed at all!
      300

      http://www.youtube.com/watch?v=kUS51UDX9ks
      We can all go home…

    51. www.bold@ectevery1.co.uk Says:

      http://pcworld.about.com/news/Dec142001id75204.htm

    52. KickIT Says:

      Gasoline is now about a penny cheaper than it was a year ago, and about $1.33 less than it was at a record peak in July.

      “The drop is unprecedented,” Lundberg said in an interview. “It was dictated by the crash in crude oil prices and deepened powerfully by falling U.S. gasoline demand.”

      Oil settled down nearly $4 a barrel on Friday on broader worries about a global economic recession, despite an agreement by the Organization of the Petroleum Exporting Countries to cut output.
      http://www.youtube.com/watch?v=ZzPZ-zKfld0

    53. Last Cup Says:

      http://www.youtube.com/watch?v=io5d4qoQmWM
      IF ASIA doesnt support the US and our economy over the Europans then I say we just inform them we are going to DEFAULT on all the Debt we Owe ASIA if they dont chose the American Way of doing business. That means the US economy first and Europeans can follow whats best for our economy, and that includes the CHINESE. Let the CHINESE Know if they dont want to make changes to keep our economy strong then we can just Default on whatever paper they are holding…

    54. BushCo=Fail Says:

      http://www.youtube.com/watch?v=UCFuwhfrIlw

      President Bush’s comments about the strength of the U.S. economy as the financial meltdown has unfolded:

      “The American people are concerned about the situation in our financial markets and our economy. And I share their concerns.” – Sept. 18.

      “In the long run, Americans have good reason to be confident in our economic strength.” – Sept. 19.

      “In the long run, we’re going to be fine. You know, we’re an innovative economy: We got smart, capable people; our workers are great; small business sector is thriving and vibrant; we’re productive people. And we’ll get through this.” – Sept. 20.

      “Our economy is facing a moment of great challenge, but we’ve overcome tough challenges before, and we will overcome this one.” Sept. 24.

      “And I’m confident that in the long run, America will overcome these challenges and remain the most dynamic and productive economy in the world.” – Sept. 29.

      “It’s going to take a while to restore confidence in the financial system. But one thing people can be certain of is that the bill I signed is a big step toward solving this problem.” – Oct. 6.

      “This is an anxious time, but the American people can be confident in our economic future.” – Oct. 10.

      “It will take time for our efforts to have their full impact, but the American people can have confidence about our long-term economic future.” – Oct. 14.

      “In the long run, the American people have – can have confidence that this economy will recover.” – Oct. 17.

      BUSH(jr): OK KIDDIES I LIED, who wants me to read another Elementary Book?

    55. global plantation serf Says:

      All the liquidity in the world isn’t going to solve this problem. They will just hoard it and/or pay their upper management more.

      The problem is that credit was allowed by a U.S. Government ruled by Democrats and Republicans to grow unregulated. But worse than that they allowed the creation of financial instruments that no one knows the value of, causing a balance sheet valuation problem.

      Credit can’t expand forever and once it started to contract everything began growing in reverse, destructively. The lack of credit regulation made it far worse due to leverage. But even worse than that is that no one trusts the balance sheets of any of these companies. Who knows if they will be around tomorrow? So who would lend them money? How can these companies recover even with government help?

      I think the most the government can do is slow the fall at a huge price which includes foreign aide giveaways, meaningless wars, and heavy pork. Thanks Democrats and Republicans for completely ignoring history and I know we will re-elect you! We trust you!


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