Senator Leahy and New York Times Criticize Paulson’s Shock Doctrine

George Washington’s Blog
Tuesday, Sept 23, 2008

As we all know, the powers-that-be have used the “Shock Doctrine” to pass anti-American, fascist legislation while the public was in a state of shock.

This applies to economic shocks, as well as physical attacks like 9/11.

But Senator Leahy and the New York Times are questioning Paulson’s use of the shock doctrine:

Senator Leahy said “If we learned anything from 9/11, the biggest mistake is to pass anything they ask for just because it’s an emergency”

The New York Times wrote:

“The rescue is being sold as a must-have emergency measure by an administration with a controversial record when it comes to asking Congress for special authority in time of duress.”

(Article continues below)

***

Mr. Paulson has argued that the powers he seeks are necessary to chase away the wolf howling at the door: a potentially swift shredding of the American financial system. That would be catastrophic for everyone, he argues, not only banks, but also ordinary Americans who depend on their finances to buy homes and cars, and to pay for college.

Some are suspicious of Mr. Paulson’s characterizations, finding in his warnings and demands for extraordinary powers a parallel with the way the Bush administration gained authority for the war in Iraq. Then, the White House suggested that mushroom clouds could accompany Congress’s failure to act. This time, it is financial Armageddon supposedly on the doorstep.

“This is scare tactics to try to do something that’s in the private but not the public interest,” said Allan Meltzer, a former economic adviser to President Reagan, and an expert on monetary policy at the Carnegie Mellon Tepper School of Business. “It’s terrible.”

Does this signal a sea change in the elite’s approval of the use of the shock doctrine? Or is this just a temporary aberration or political posturing?

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4 Responses to “Senator Leahy and New York Times Criticize Paulson’s Shock Doctrine”

Paulson is an idiot Says:
September 23rd, 2008 at 6:39 am
Well, the collapse itself is not an exaggeration. Paulson got that part right, in the final second, of the final minute, of the 11th hour, of the final day, he finally figured it out, with the numbers right there in front of him, the man figured it out. *applause*

I thought we were dealing with another shaved orangutan in a suit. But no, we are not. Paulson can actually perform basic arithmetic. Its amazing.

Leahy is correct however, in the fact that we CANNOT trust this man or administration again.

ENOUGH IS ENOUGH.

Unfortunately, the price of wheat will have to go up by err, let’s say about 4X before most people will even care. No, make that 8X, ya, 8X, THEN they’ll change their tune!

Until people actually walk into a store and realize, “Oh shit, I can’t buy BASIC foodstuffs”, THEN, they will FINALLY “get” it.

Then they’ll say to themselves, “But didn’t Bernanke go to Princeton? I thought that was a really good school?!” “Aren’t these guys supposed to be the EXPERTS???”

But you know what? In my cynical state at the moment, I don’t even believe that even THEN will they believe the “conspiracy theorists” because its not in their nature. They prefer to fit in.

They will listen to whatever the emergency broadcast system or the television or whatever tells them to do etc.

Human psychology is funny.
Way deep in my family tree their is a relative who was a colonel in the Nazi army, he was actually a nice guy, in fact the former Russian prisoners of war under his command got him out of jail in Russia because they liked him so much. Anyway, after the war his children always tried to show him pictures and tell him how horrible the Nazi’s were and what they did, but he simply did not believe it. He thought he was living in a country that was proud and just, and fighting for a good cause. He was brainwashed to the point where NO amount of evidence would convince him that the Nazi party actually did some horrible things. He simply thought that there was NO WAY in the great country of Germany those types of things would have been permitted.

So ya, the point is…

STOP BEING BRAINWASHED!!!
JEH Says:
September 23rd, 2008 at 10:56 am
Not only will there be a continuous rotating balance of 700 billion which will account for hundreds of trillions, something they forgit to mention, but also inflation will cost americans more trillions in higher prices due to the instant deflation of the dollar. Giving money to wall street does not make the economy better, it only guarantees profits and no losses anymore for the rich. This is the ultimate illegal financial takeover of the government. We will finally have the complete fascist (corporate government marriage) state firmly in place.
mewritemewrong Says:
September 23rd, 2008 at 11:57 am
Of course your absolutely right PIAI.

People wont care till their little world and lives are inconvenienced. And you know what. We all will deserve it. Even me!!! For years Ive told all my family, and any friends who would listen that the global economy was crashing big time, that 911 was an inside job. About the deliberate poisoning of our water and our foodstuffs, I so many times lost heart by peoples response. A shrug of the shoulders mostly. Raised eyebrows more often than not. Yet here we are. Massive economic collapse thats been talked about coming on many sites like this one for a long time now is here!!!!

The 911 theories arent going away either because anyone with any analytical power and intelligence can see the mainstream version is clearly false. I also have developed a distaste for the truth movement because of the rigid “conventional explosives” theories and anything else being an orchestrated disinfo campaign. You can say 911 was an inside job but the only theory youd better come up with is thermite. Dont question the phenomenal amount of dust, the disintegrating bodies, furniture……….everything except paper was pretty much vaporized. There is even visual clues of dustification that CT’s just dont want to talk about. Thats the most discouraging thing for me to see people who thought that it was 19 Muslims, now admit they were wrong, but now the truth is this or that….PERIOD. They still hold a “I CANT BE WRONG” attitude. Youd think people would learn.

Sadly no one gives a toss. And they wont until like the prev poster said they are personally inconvenienced. Well thats going to happen thats for sure. And it will feel like a major shafting……..not an inconvenience.

AND WE DESERVE IT!!!!!! ALL OF IT!!!!!
Styve Says:
September 23rd, 2008 at 4:42 pm
Princeton bought us geniuses like Rumsfeld, Petraeus, Bremer and lord knows who else. Bunch of fascist fucks, like another couple of guys I know who went there.