Well....That Whole Freedom Thing Was Good While it Lasted, Wasn't It?

Cramer: It's a Worldwide Crash

Now along comes Sheila Bair and Hank Paulson, who alternately want us to believe that everything is sound (with public pronouncements that the worry is misplaced) and that there is a list of obscure banks that might have to be taken over.

Then Paulson comes to the Capitol and says the truth, that the Western world of finance is going to break, and Bair seizes Washington Mutual and tries to seize Wachovia(WB Quote - Cramer on WB - Stock Picks), no doubt to save Citigroup(C Quote - Cramer on C - Stock Picks), which could have risen, done an equity offering and joined Bank of America(BAC Quote - Cramer on BAC - Stock Picks), JPMorgan(JPM Quote - Cramer on JPM - Stock Picks) and Wells Fargo(WFC Quote - Cramer on WFC - Stock Picks) as the new titans of finance.

Which is where we are this morning, in a worldwide crash that will leave us with gigantic institutions that we have never heard of, with balance sheets that are ridiculously large that must fall, and a hedge fund community that has lost control of its asset base.

Down the Road to Serfdom

Sensing a pushback by the world's dollar-surplus regions – Asia and the Mideast – to finance the largest debtor economy, the U.S. government will now plunder its own countrymen to keep capital running "uphill." As with most statist remedies, it is being marketed as a boon for Main Street, tantalizing its inhabitants with the prospect of profits wafting westward from those malodorous Wall Street investments. However, Congress has inured the Treasury from accountability and legal recourse, giving Paulson dictatorial power over the nation's financial sector. Rather than let this bloated segment of the economy shrink and consolidate, Paulson and his successor will extend it unlimited life support, bloodletting everything else, in a final ruin of the nation.

French Premier Francois Fillon: We're on "the edge of the abyss”
Now we're in a terrible fix. People are scared and removing their money from the banks and money markets which is intensifying the freeze in the credit markets and driving stocks into the ground like a tent stake. Meanwhile, our leaders are "caught in the headlights", still believing they can "finesse" their way through the biggest economic cataclysm since the Great Depression. It's madness.

Naomi Wolf: Americans are facing a coup, as of this morning it’s happened

Martial Law in the Making

Brigade homeland tours start Oct. 1

3rd Infantry’s 1st BCT trains for a new dwell-time mission. Helping ‘people at home’ may become a permanent part of the active Army

The 3rd Infantry Division’s 1st Brigade Combat Team has spent 35 of the last 60 months in Iraq patrolling in full battle rattle, helping restore essential services and escorting supply convoys.

Now they’re training for the same mission — with a twist — at home.

Beginning Oct. 1 for 12 months, the 1st BCT will be under the day-to-day control of U.S. Army North, the Army service component of Northern Command, as an on-call federal response force for natural or man made emergencies and disasters, including terrorist attacks.

[....] In the meantime, they’ll learn new skills, use some of the ones they acquired in the war zone and more than likely will not be shot at while doing any of it.

They may be called upon to help with civil unrest and crowd control or to deal with potentially horrific scenarios such as massive poisoning and chaos in response to a chemical, biological, radiological, nuclear or high-yield explosive, or CBRNE, attack.

Ominous. I wonder, will we even have an election? The current economic crisis would surely make as good of an excuse as any for the Bushco regime to take advantage of those "emergency powers"....Ah well, at least the guys will get to use some of those skills they learned in the war zone on the folks back home...regardless of that old fashioned American delusion that the people have Constitutional rights.

The Last Roundup

For decades the federal government has been developing a highly classified plan that would override the Constitution in the event of a terrorist attack. Is it also compiling a secret enemies list of citizens who could face detention under martial law?

By Christopher Ketcham

05/05/08 "Radar Magazine" -- - 28/04/08 --- -In the spring of 2007, a retired senior official in the U.S. Justice Department sat before Congress and told a story so odd and ominous, it could have sprung from the pages of a pulp political thriller. It was about a principled bureaucrat struggling to protect his country from a highly classified program with sinister implications. Rife with high drama, it included a car chase through the streets of Washington, D.C., and a tense meeting at the White House, where the president's henchmen made the bureaucrat so nervous that he demanded a neutral witness be present.

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A host of publicly disclosed programs, sources say, now supply data to Main Core. Most notable are the NSA domestic surveillance programs, initiated in the wake of 9/11, typically referred to in press reports as "warrantless wiretapping." In March, a front-page article in the Wall Street Journal shed further light onto the extraordinarily invasive scope of the NSA efforts: According to the Journal, the government can now electronically monitor "huge volumes of records of domestic e-mails and Internet searches, as well as bank transfers, credit card transactions, travel, and telephone records." Authorities employ "sophisticated software programs" to sift through the data, searching for "suspicious patterns." In effect, the program is a mass catalog of the private lives of Americans. And it's notable that the article hints at the possibility of programs like Main Core. "The [NSA] effort also ties into data from an ad-hoc collection of so-called black programs whose existence is undisclosed," the Journal reported, quoting unnamed officials. "Many of the programs in various agencies began years before the 9/11 attacks but have since been given greater reach."

The following information seems to be fair game for collection without a warrant: the e-mail addresses you send to and receive from, and the subject lines of those messages; the phone numbers you dial, the numbers that dial in to your line, and the durations of the calls; the Internet sites you visit and the keywords in your Web searches; the destinations of the airline tickets you buy; the amounts and locations of your ATM withdrawals; and the goods and services you purchase on credit cards. All of this information is archived on government supercomputers and, according to sources, also fed into the Main Core database.

Main Core also allegedly draws on four smaller databases that, in turn, cull from federal, state, and local "intelligence" reports; print and broadcast media; financial records; "commercial databases"; and unidentified "private sector entities." Additional information comes from a database known as the Terrorist Identities Datamart Environment, which generates watch lists from the Office of the Director of National Intelligence for use by airlines, law enforcement, and border posts. According to the Washington Post, the Terrorist Identities list has quadrupled in size between 2003 and 2007 to include about 435,000 names. The FBI's Terrorist Screening Center border crossing list, which listed 755,000 persons as of fall 2007, grows by 200,000 names a year. A former NSA officer tells Radar that the Treasury Department's Financial Crimes Enforcement Network, using an electronic-funds transfer surveillance program, also contributes data to Main Core, as does a Pentagon program that was created in 2002 to monitor anti-war protestors and environmental activists such as Greenpeace.

If previous FEMA and FBI lists are any indication, the Main Core database includes dissidents and activists of various stripes, political and tax protestors, lawyers and professors, publishers and journalists, gun owners, illegal aliens, foreign nationals, and a great many other harmless, average people.

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Congress itself has recently widened the path for both extra-constitutional detentions by the White House and the domestic use of military force during a national emergency. The Military Commissions Act of 2006 effectively suspended habeas corpus and freed up the executive branch to designate any American citizen an "enemy combatant" forfeiting all privileges accorded under the Bill of Rights. The John Warner National Defense Authorization Act, also passed in 2006, included a last-minute rider titled "Use of the Armed Forces in Major Public Emergencies," which allowed the deployment of U.S. military units not just to put down domestic insurrections—as permitted under posse comitatus and the Insurrection Act of 1807—but also to deal with a wide range of calamities, including "natural disaster, epidemic, or other serious public health emergency, terrorist attack, or incident."

More troubling, in 2002, Congress authorized funding for the U.S. Northern Command, or NORTHCOM, which, according to Washington Post military intelligence
expert William Arkin, "allows for emergency military operations in the United States without civilian supervision or control."

"We are at the edge of a cliff and we're about to fall off," says constitutional lawyer and former Reagan administration official Bruce Fein. "To a national emergency planner, everybody looks like a danger to stability. There's no doubt that Congress would have the authority to denounce all this—for example, to refuse to appropriate money for the preparation of a list of U.S. citizens to be detained in the event of martial law. But Congress is the invertebrate branch. They say, 'We have to be cautious.' The same old crap you associate with cowards. None of this will change under a Democratic administration, unless you have exceptional statesmanship and the courage to stand up and say, 'You know, democracies accept certain risks that tyrannies do not.' "

As of this writing, DeFazio, Thompson, and the other 433 members of the House are debating the so-called Protect America Act, after a similar bill passed in the Senate. Despite its name, the act offers no protection for U.S. citizens; instead, it would immunize from litigation U.S. telecom giants for colluding with the government in the surveillance of Americans to feed the hungry maw of databases like Main Core. The Protect America Act would legalize programs that appear to be unconstitutional.

Meanwhile, the mystery of James Comey's testimony has disappeared in the morass of election year coverage. None of the leading presidential candidates have been asked the questions that are so profoundly pertinent to the future of the country: As president, will you continue aggressive domestic surveillance programs in the vein of the Bush administration? Will you release the COG blueprints that Representatives DeFazio and Thompson were not allowed to read? What does it suggest about the state of the nation that the U.S. is now ranked by worldwide civil liberties groups as an "endemic surveillance society," alongside repressive regimes such as China and Russia? How can a democracy thrive with a massive apparatus of spying technology deployed against every act of political expression, private or public? (Radar put these questions to spokespeople for the McCain, Obama, and Clinton campaigns, but at press time had yet to receive any responses.)

Disturbing stuff...and interesting....well worth the time to read in its entirety, as always, the link is in the title

Extinguishing Liberty’s Light and Independent Views, By Paul Craig Roberts

What was the greatest failure of 2007? President Bush’s “surge” in Iraq? The decline in the value of the US dollar? Subprime mortgages? No. The greatest failure of 2007 was the newly sworn in Democratic Congress.


The American people’s attempt in November 2006 to rein in a rogue government, which has committed the US to costly military adventures while running roughshod over the US Constitution, failed. Replacing Republicans with Democrats in the House and Senate has made no difference.


The assault on the US Constitution by the Democratic Party is as determined as the assault by the Republicans. On October 23, 2007, the House passed a bill sponsored by California Democratic congresswoman Jane Harman, chairwoman of a Homeland Security subcommittee, that overturns the constitutionally guaranteed rights to free expression, association, and assembly.


The bill passed the House on a vote of 404-6. In the Senate the bill is sponsored by Maine Republican Susan Collins and apparently faces no meaningful opposition.


Harman’s bill is called the “Violent Radicalization and Homegrown Terrorism Prevention Act.” [ http://www.govtrack.us/congress/bill.xpd?bill=h110-1955 ] When HR 1955 becomes law, it will create a commission tasked with identifying extremist people, groups, and ideas. The commission will hold hearings around the country, taking testimony and compiling a list of dangerous people and beliefs. The bill will, in short, create massive terrorism in the United States. But the perpetrators of terrorism will not be Muslim terrorists; they will be government agents and fellow citizens.


We are beginning to see who will be the inmates of the detention centers being built in the US by Halliburton under government contract.


Who will be on the “extremist beliefs” list? The answer is: civil libertarians, critics of Israel, 9/11 skeptics, critics of the administration’s wars and foreign policies, critics of the administration’s use of kidnapping, rendition, torture and violation of the Geneva Conventions, and critics of the administration’s spying on Americans. Anyone in the way of a powerful interest group--such as environmentalists opposing politically connected developers--is also a candidate for the list.

......This search for extremist views comes after President Bush and the Justice (sic) Department declare that the President can ignore habeas corpus, ignore the Geneva Conventions, seize people without evidence, hold them indefinitely without presenting charges, torture them until they confess to some made up crime, and take over the government by declaring an emergency. Of course, none of these “patriotic” views are extremist.

The search for extremist views follows also the granting of contracts to Halliburton to build detention centers in the US. No member of Congress or the executive branch ever explained the need for the detention centers or who the detainees would be. Of course, there is nothing extremist about building detention centers in the US for undisclosed inmates.

Clearly the detention centers are not meant to just stand there empty. Thanks to 2007’s greatest failure--the Democratic Congress--there is to be an “Extremist Beliefs Commission” to secure inmates for Bush’s detention centers.

President Bush promises us that the wars he has launched will cause the “untamed fire of freedom” to “reach the darkest corners of our world.” Meanwhile in America the fire of freedom has not only been tamed but also is being extinguished.

The light of liberty has gone out in the United States.

Dark days are ahead for this country, and the public remains oblivious. This is exactly why it matters that history is no longer taught in the schools to any real extent...and surely that is no accident. So many Americans are in for a very rude awakening. How can so many intelligent people be so completely unaware of the world around them? Very frustrating, and incomprehensible to me.

Tales of Angst, Alienation and Martial Law: Roasting Marshmallows on the American Reichstag Fire to Come, by Phil Rockstroh

In this summer of angst and grim foreboding about what further assaults against common sense and common decency the Bush Administration might inflict upon the people of the world, how many times during the day do those of us — still possessed of mind, heart and conscience — take pause, hoping we’ve seen the worst of it, then, fearing we haven’t yet, attempt to push down the dread rising within us, so that we might simply make it through the day and be able to rest at night? Accordingly, those who have been paying attention are aware that the outward mechanisms of martial law are in place. We shudder knowing that Bush has issued an executive decree that grants him dictatorial power in the event of some nebulously defined national emergency. In addition, the knowledge nettles us that a vast network of internment camps bristle across the length of the U.S., standing at wait for those who might raise objections to the fascistic fury unloosed by the American empire’s version of the Reichstag fire.

Unfortunately, we continue to allow these corrupt politicians to remain in office...not just the Busco clan, but the demofascists who claim to be the "opposition". The only quarrel these groups of criminals truly have with one another is which group will be in charge of the dictatorship....none are interested in preserving our freedom.

The Threat of Martial Law is Real

By Dave Lindorff07/27/07 "ICH"

The looming collapse of the US military in Iraq, of which a number of generals and former generals, including former Chief of Staff Colin Powell, have warned, is happening none too soon, as it my be the best hope for preventing military rule here at home.

From the looks of things, the Bush/Cheney regime has been working assiduously to pave the way for a declaration of military rule, such that at this point it really lacks only the pretext to trigger a suspension of Constitutional government. They have done this with the active support of Democrats in Congress, though most of the heavy lifting was done by the last, Republican-led Congress.

The first step, or course, was the first Authorization for Use of Military Force, passed in September 2001, which the president has subsequently used to claim-improperly, but so what? -that the whole world, including the US, is a battlefield in a so-called "War" on Terror, and that he has extra-Constitutional unitary executive powers to ignore laws passed by Congress. As constitutional scholar and former Reagan-era associate deputy attorney general Bruce Fein observes, that one claim, that the US is itself a battlefield, is enough to allow this or some future president to declare martial law, "since you can always declare martial law on a battlefield. All he'd need would be a pretext, like another terrorist attack inside the U.S."

This story makes the incredible barrage of "terrorist threat" propaganda we've been treated to lately on the corporate "news" much more ominous....can you say "FALSE FLAG" attack?