G20 and the depression

What the main stream press and the government say and what happens or happened are often two totally different things? I wonder whether that applies to the plans regarding market intervention, Afghanistan, the oil spill or financial reform? Somehow, I don't think we have to wonder too long to figure out the answer.

Obama Administration Knew About Deepwater Horizon 35,000 Feet Well Bore

Not the we did not know that Obama is a good actor...if this does not clear up who the government is working for I don't know what will...THEY ARE NOT WORKING FOR US! Do you think we need a war with Iran? Apparently, Bernake and Obama do. Two weeks before the spill Obama opens up the Gulf for drilling...this is why:

President Obama and Secretary of Interior Ken Salazar, Secretary of Energy Steven Chu, and Defense Secretary Robert Gates were informed that BP would drill an unprecedented 35,000 feet well bore at the Macondo site off the coast of Louisiana. In September 2009, the Deepwater Horizon successfully sunk a well bore at a depth of 35,055 below sea level at the Tiber Prospect in the Keathley Canyon block 102 in the Gulf of Mexico, southeast of Houston. 

During the September drilling operations, the Deepwater Horizon drill penetrated a massive undersea oil deposit but BP's priorities changed when the Macondo site in the Mississippi Canyon off the coast of Louisiana was found to contain some 3-4 billion barrels of oil in an underground cavern estimated to be about the size of Mount Everest. It was as a result of another 35,000 feet well bore sank by the Deepwater Horizon at the Macondo site that the catastrophic explosion occurred on April 20.

According to the Wayne Madsen Report (WMR) sources within the U.S. Army Corps of Engineers and the Federal Emergency Management Agency (FEMA), the Pentagon and Interior and Energy Departments told the Obama Administration that the newly-discovered estimated 3-4 billion barrels of oil in the Gulf of Mexico would cover America's oil needs for up to eight months if there was a military attack on Iran that resulted in the bottling up of the Strait of Hormuz to oil tanker traffic, resulting in a cut-off of oil to the United States from the Persian Gulf.

Obama, Salazar, Chu, and Gates green-lighted the risky Macondo drilling operation from the outset, according to WMR's government sources.

WMR learned that BP was able to have several safety checks waved because of the high-level interest by the White House and Pentagon in tapping the Gulf of Mexico bonanza find in order to plan a military attack on Iran without having to be concerned about an oil and natural gas shortage from the Persian Gulf after an outbreak of hostilities with Iran.

BP still has an ongoing operation to drill down to 40,000 feet below sea level at the Liberty field off the north coast of Alaska.

Source: click here

Oil and Politics...alive and well in the gulf

More lies everywhere...things are really whacked

Click for video regarding the oil spill in the gulf if you do not see it below its not 5,000 barrels a day leaking from the spill in the Gulf its 95,000. That's quite a big difference...I have not seen anything of that sort being discussed in the press.

Votes for sale

In case you want to know who voted for this crony capitalist and "trade your vote for Fed and bank payola" bill, I am including a complete list for the record of who the losers are who supposedly are running our country and trading votes for money.

I simply can not believe that the FED is now SO DAMNED POWERFUL. Where in the real world could you blow up the banking system, crash the economy and kill the currency all at the same time and use that resume to get vastly more power? You can't. There's your answer. In the real world if you had that resume, it would be good if you could print money out of thin air, because you definitely would have to buy your votes and credibility.

“The recession we’re emerging from was primarily caused by a lack of responsibility and accountability from Wall Street to Washington. That’s why I made passage of Wall Street reform one of my top priorities as president, so that a crisis like this does not happen again.” - President Barak Obama

There are many problems with the above statement. One of the most blatant is the most surreptitious, especially coming from a guy who classifies as "from Washington" himself and who is owned by the finance community more than any other. Ironically, the main little problem with Obama's statement above is simply manipulation and fraud by both Wall Street and Washington. This bill is a great example of that. Additionally, if you want to refer to the problem with the words "irresponsible" or "lack of responsibility" - great - that's not much different than manipulation or fraud. Way to go Mr. Obama, suck up to your buddie, I mean boss, Bernake. As a side note, the reference to the recession that we are emerging from will be another anachronism for a president already prone for such things.

None of this bodes well for the stock markets throughout the world aside for a potential pop...a drop looks much more probable when frauds like this are conducted in the open and promoted as sound, honest and productive legislation.

Below is a list of the politicians that are for sale and a few who are not:

The Fed got what it wanted...now will we get manic monday on a friday

Similar to the trading session during last vote to break up the big banks, we had a crash. Today we have a financial overhaul bill and we have another crash on a two day level rather than in one day. The Fed got what it wanted, just like the banks and the fed did two weeks ago, I wonder if they will provide the liquidity to manipulate the markets again now (like they did two weeks ago) that they are more powerful and corrupt than ever!

My take on this situation is that it is very sad and amazingly corrupt. There is no question that Ben Bernake and his minions at his buddy banks did an absolutely amazing job of lobbying...if they were in jail where they belong they would not be able to have successfully manipulated the votes so powerfully.