Listen to Alex Jones
  • Midas Resources

    Listen to Alex Jones

    • Prison Planet.tv
    • Pre-Order The Obama Deception
  • US to inject $125bln into major banks this week: Treasury

    AFP
    Monday, Oct 27, 2008

    Nine major US banks will receive 125 billion dollars in capital injections this week from the US government, a Treasury official said Monday.

    Assistant Treasury Secretary David Nason told CNBC television that “We executed the agreements for the nine institutions late last night so the money will go out the door for these institutions early this week.”

    The nine will get half of the 250 billion dollars to be invested by the government in the banks as part of a massive rescue of the financial system.

    (Article continues below)

    US to inject $125bln into major banks this week: Treasury  161008pptv2

    The nine banks are Citigroup, JPMorgan Chase, Bank of America, Goldman Sachs, Morgan Stanley, Wells Fargo, Bank of New York Mellon, State Street and Merrill Lynch, soon to be taken over by Bank of America.

    The remaining 125 billion dollars will go to smaller banks and lenders which agree to the capital for equity program, which includes mandated limits on executive compensation.

    Prison Planet.tv Members Can Watch Fall Of The Republic Right Now Online - Don't Miss Out! Get Your Subscription Today!

    Survive

    CANCER CONSPIRACY? Are "they" suppressing the cure? Will YOU be the next victim? Learn the Secret Truth! - READ FULL STORY

     

    • Social bookmarks
    • Social bookmarks
    • Email this article
    • Email this article
    • Print
    • Print this page
    Comment Terms Of Use

    14 Responses to “US to inject $125bln into major banks this week: Treasury”

    1. CULLprit Says:

      Come meet the REAL CULLprit of this mess:

      http://illuminatimatrix.wordpr.....symbolism/

      LA
      LA
      LA
      All the way home.

    2. 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!!!

    3. rich Says:

      this is just dumping e-money down a pit, it aint gonna help in the long run !!!!!!!!!! what criminal moronic thiefs !!!!!!!!!!!!!!!!!!!!!!

      youtube.com/goldieshome

      goldieshouse.piczo.com

    4. jack brian martin Says:

      I think they had the right idea with the stimulus checks, its like monopoly, the game is over, we need to take that money and give it out to the people who will spend it,close our borders,make some kind of marketable products, thus creating jobs,and get this ball rollin again….ps: stop being so dam greedy.that goes too everyone.

    5. renegade Says:

      heh, America is for want of a better term FUCKED! Do people really believe that holding onto hope some ancient law will protect them from what i am continually hearing stated as a future totalitarianism? Heres some news kids… OUR ENTIRE WORLD HAS BEEN A TOTALITARIAN STATE SINCE ANY OF YOU WERE EVEN BORN! You don’t think they will just simply use the police to enforce compliance, helped by media propagander? You can talk all day and night about how you are being imprisoned, this won’t stop it. Some may argue that it is at least a step… but the only oppositoin i see takes place within a controlled environment, following purposely misleading leaked leads for you to follow like lost sheep. The ‘elite’ are observing your hopeless banter and laughing :o These contrived economic events are devised by yale bred top economists mathematitions etc… Do you really think that they won’t have ALL these very obvious angles (as quantly commendable as these efforts are) covered? Some people fear the fact that the usa has a base in nearly every country on earth, but i fear those who pretend to control fear, by talking about it while maintaining their own levels of comfort. The ENTIRE concious population of the planet must do nothing short of give up their own ‘Dominion’ (an ignorance which is reflected by the merest levels of comfort and security, ie. house, car, wage) if they hope atal to rid the people at the top of their dominion. The time to realise has long gone, the time to give up your own pretentions is NOW. Do this and ripples will cross ponds. Think it or say it or even act half heartedly and the pond of imprisonment will stay still and undisturbed. While most worry about civil unrest and things like ‘rex84′ which wont effect me directly as i dont live in america or any nearby country, but rest assured each country that is an integral part of the elite banking consortium if you will, has its own brand of population control, each specific to its ‘customers’ While most worry about civil unrest, i’m counting on it :) If you have to ask why, your doing too much propagander following and not enough freeing up of your own inhibitors (your personal dominion, a timeframe, fear, questioning etc…)
      If any one person has the slightest sincerity about true freedom in our world, they must realise fully that war on warmongers is the only option left. Its either fight or be a slave, be warned, a slave in the know, is the most frustrated, lonely and more importantly the most maliable slave of all.
      Yours with vague discern ‘a british criminal’

    6. TiredFarmer Says:

      Giving money to these banks is like giving a heroin fix to a junkie: Keeps them from jonesing for awhile, but they will need another fix soon. Fuck them. Let them go cold turkey & die.

    7. Mr. poopers Says:

      Banks get capital injections, taxpayers get hot beef injections. Ok, it’s crude, but it’s true.

    8. We lose Says:

      This really turns my stomach. It’s like watching a bad horror flick that just goes on and on…

      Does anyone realize how many generations of us have just been enslaved to the interest on this thievery? My daughter has no chance at a decent life.

      One of the basic fundamentals of our country is that every generation shoyuld pay it’s own way. When we spend more than we can pay back, we are not borrowing, we are stealing.

      I don’t hear anyone saying that we have a big enough debt and should not borrow any more. I hear them saying that the money should go to THEM, and NOT THE BANKS. What a bunch of losers, willing to spend their children’s inheritance to avoid discomfort and accountability.

      We suck as a people, and we deserve whatever we get.

    9. Isabel Says:

      Hey all of you need to make sure that you are involoved in the
      END THE FED campaign going on Nov 22nd
      Go to the meetup groups or go to the Republic Magazine Homepage for more information
      It’s time to band together and fight this beast head to head

    10. Big V Says:

      It’s NOT the US who is injecting this money, but the FED. US is the ONLY country in the world who doesn’t have any right to print and manage its own currency. In other words, the whole process of ‘bailing out’ the banks today (worldwide) is in reality falling deeper and deeper into debt of Jew bankers.

    11. renegade Says:

      LOL what on earth is wrong with you people? I am starting to feel sorry for Mr Jones ^^
      Everyone who writes a comment basically just says ‘oh ye i know that too, ooh and this is my way of wording it’ LMFAO this ISN’T activism look at the first three letters in that word.. they spell ACT! END the FED campaign ROFL I will say this ONE LAST TIME ……
      YOU ARE ALREADY SLAVES AND YOU HAVE BUT ONE HOPE, TO PHYSICALLY FIGHT FOR YOUR LIVES! DROP YOUR MATERIAL LIFE AND REALISE TIME TO ACT IS NEARLY GONE :o
      The ‘men behind the curtain’ consist of alot more than some greedy jews and some inbred skull worshiping morons who integrate the banking system. These people are strategic fall guys because they are fall guys that arent touched without mass complications, spun from media. I fear these pockets of resistance aren’t pockets of resistance atal, but hopeless self absorbed analysis of misleads.
      I implore you all to start taking severe action on a mass local level. There is one thing the people who control your country can not do ANYTHING without and that is the police force, without them how would they enforce anything? Either wake the mule police up and divide and conquer them like they do you, or take them hostage on a mass scale. Build yourselves a REAL defence USE your guns you are so proud to have AND TAKE SOME FKN ACTION!!!!!
      Anything short of this is utterly and completely hopeless. FIGHT GODDAMN IT FIGHT!!!
      What do you think these economic events are for for fucks sake? to annoy you? well it’s to change the laws to suit the rulers and to kill all the laws that stand for freedom. while maintaining the ability to create and control money (ensalvement)
      Those who actually believe ANY bank is in debt, and don’t realise the fed and all the other bank ARE THE SAME ENTITY, answer me this, who are the people who run the planet in debt to? you? debt is money, therefore it’s more than obvious to me why the pretence of debt has taken flight. All these thing are designed to confuse and complicate so you are diverted away from the simple fact that your ‘government’ needs ’slaves’. It hasn’t got criminal elements WITHIN it ^^ the entire setup is wholely corrupt and criminal. You are their slaves and they are laughing at you, and you are doing nothing :/
      If everyone saw their town as their back yard things could be different, but until then you are useless slaves, and are not without blame either, you people continue to pay for the murder of innocent children from lands you dont even know, while u pay tax and do nothing you are a murderer, and as much a part of the corrupt system as people like the bush admin or the rockefeller posse themselves. Soon you people will be MY enemy, and i won’t hesitate to destroy you and all that you stand for while you refuse to act and give up your dominion in place of the notion of uniting for freedom. I am more than an extremist and i don’t want you people to be my enemy, infact i need you to be eachothers ally ALL OF YOU. Your country has until this ‘civil unrest’ to take all the action nessesary and possible, or you will be as i said as much to answer for these mass murders as ANYONE. I have taken up arms in more ways than one and am ready for full on war of any descriptioin, i have ready contacts near your borders, and thousands here in europe just waiting for the right time, including chemists, soldiers, scientists, teachers, doctors, lawyers. I’m willing to make this whole planet smoke for the cause of freedom. Those who are not with the TRUE freedom fighters are sadly against us, and will be destroyed. War is coming… and this war wont be one for monetary gain :o
      I have said too much, but soon it wont matter. The one thing the ‘elite’ fear above ANYTHING is being tackled HEAD ON. This is what we must do.
      Yours with angry compassion ’someone thousands will already follow but that the elite are unaware of’ I plan to hold this advantage for as long as possible.
      TRACE ME ! ^^ loose ends are ways of moving people around where you want them to be…
      We can make the governments police follow certain leads like sheep, to get them out of the way at specific points. This has worked here for me on many occasions and has helped build a silent and currently invisible army. Trust me the police can be as much a liability for the government as it is their only means of enforcement.

      johnny grantham Reply:

      AMEN BROTHER I COULD NOT BEGIN TO PUT THAT BETTER MYSELF. MY GRANDFATHER (RIP) TOLD ME THIS WAS COMING THIRTY YEARS AGO AND I HAVE BEEN PREPARING FOR IT AND ACTUALLY LOOKING FORWARD TO IT SINCE THEN. I AM WITH YOU, AND (WE SURROUND THEM) I AM NOT A SHEEPLE AND I HAVE NO FEAR!

    12. renegade Says:

      FEEEEEEEEEEEEEAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAARRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRR THE MIIIIIIIIIIINDLEEEEESSSSSSSSSSSSSS HOOOOOOOOOOOOOOOOOOOOOOOORRRRRRRRRRRRRRRDDDDDDDDDDDDDDDDDDESSSSSSSSSS
      Anyone who doesnt take over a cop shop is a pussy mkay ^^ Theres more of you than them!
      I’de kill a bunch of loons trying one way or another to kill me first if i could thats all im sayin man :O peace
      Scary skull yale jew bank pig hordes are funded by americans :o and british :o euronabz ‘other’ LOL etc…
      Please tell me someone on this planet see’s the police as the single most important representation of scum and most obvious first obstacle towards freedom??
      or have i gone mad HELLO ? ALex? lol ^^ lolcakes for tea mr pwezident
      in my most darkest hour of sinicism i may humourously suggest that infowars should be renamed to ‘oOoh isn’t enslavement fun (a guide)’ LOL i know im a 4 letter C bleep :o
      its fun to know….. sure ;o but im trying my hardest to find as many people the world over who are sick of the bullshit as i am, please tell me where i can find any such peoples please…. i dont think anyone REALLy gives a shit as long as THEY are comfortable. do you honestly? i think letting some morons kill people in another country so you can be warm and have chocolate while fatcats get sick and fat is wrong. am i alone in thinking not much short of banning television and banning police all together would be almost a mild start if one were to be 100% serious about changing the way the world operates globaly and incidently locally?
      maybe ive gone mad who knows, where may i find such peoples please? :o

    13. johnny grantham Says:

      THE AXIS OF EVIL IS THE BILDERBERGS, THE TRILATERAL COMMISSION AND THE COUNCIL ON FOREIGN AFFAIRS. OF WHICH OVER HALF OF OBAMAS APPOINTEES ARE MEMBERS OF ONE OR MORE OF THESE ENTITIES. YOU KNOW I AM WITH YOU GUYS! MONEY CAN BUY YOU A LOT OF MONETARY THINGS AND POWER . BUT IT DOESNT MATTER WHEN THEY GET STRUCK CENTER MASS!!


    English flagItalian flagKorean flagChinese (Simplified) flagChinese (Traditional) flagPortuguese flagGerman flagFrench flagSpanish flagJapanese flagArabic flagRussian flagGreek flagDutch flagBulgarian flagCzech flagCroat flagDanish flagFinnish flagHindi flagPolish flagRumanian flagSwedish flagNorwegian flagCatalan flagFilipino flagHebrew flagIndonesian flagLatvian flagLithuanian flagSerbian flagSlovak flagSlovenian flagUkrainian flagVietnamese flag
    By N2H