Drudge Retort: Red Meat for Yellow Dogs
Monday, November 24, 2008

President-elect Barack Obama, calling for "sound judgment and fresh thinking" to address the nation's economic crisis, announced Monday his selection of Timothy Geithner, president of the New York Federal Reserve, as Treasury secretary, and Larry Summers, a former Treasury secretary, as head of the National Economic Council.

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I wonder how much Soros paid for this one to be on the O-team...

"and Melody Barnes, of the Center for American Progress, as director the Domestic Policy Council."

How ironic! So have the Lakota Nation!

FOR IMMEDIATE RELEASE

People of Lakota Launch Private Bank for Only Silver and Gold Currencies

Hill City, Lakota - November 24, 2008 - In a stunning development, the Free & Independent People of Lakota announced today the introduction of the world's first non-reserve, non-fractional bank that accepts only silver and gold currencies for deposit.

"Today is a great day for us, a day that we begin to exercise our rights as a sovereign people with strength and pride," comments Canupa Gluha Mani, Tetuwan Council Judicial Member of the Cante Tenza "Strong Heart" Warrior Society. Mani's 2500 member warrior society has contracted to provide private security services for the Free Lakota Bank.

"We invite people of any creed, faith or heritage to unite in an effort to reclaim control of wealth. It is our hope that other tribal nations and American citizens recognize the importance of silver and gold as currency and decide to mirror our system of honest trade." Mani, also known as Duane Martin Sr, is a member of the delegation that declared Lakota independence on December 17th, 2007.

The launch of the Free Lakota Bank is also an incredible victory for StrikeForce Technologies, the access control experts providing depositor Out-of-Band Authentication. As the Free Lakota Bank does not require a name, photo identification or social security number to transact, StrikeForce's technology met the challenge of limiting fraud without requiring controversial biometric technology.

The People of Lakota invite depositors to establish accounts and invest in the Free Lakota Bank's General Investment Fund, the fund it uses to develop profitable free-market enterprise inside Lakota territory. Mani comments that the nation despises donations and charity, and instead insists instead on "earning our wealth by creating value for those that place their faith and trust in our system."

The Free Lakota Bank issues an American Open Currency Standard Approved currency, making it readily accepted for trade by over 10,000 merchants and businesses across the continent.

For more information, visit the Free Lakota Bank website at http://
press.freelakotabank.com

Contact:
Canupa Gluha Mani
service@freelakotabank.com
P.O. Box 512
Hill City, LK 57745
888.784.9996

Where are the yes men and the cronies?
I guess we can't expect another Bush economy.
Oh well.

May Wakan Tanka smile on their endeavor.

"sound judgment and fresh thinking"

Timothy Geithner - Worked for the Federal Reserve, IMF and former Goldman Sachs head Robert Rubin (architect for the repeal of Glass-Steagall.

"sound judgment and fresh thinking"

Larry Summers - Worked for the World Bank and under Robert Rubin in the treasury department, along with heading that department. Summers is an ardent supporter of free trade and globalization. (Well, looks like we can throw that whole "Fix NAFTA" thing out the window...)

"sound judgment and fresh thinking"

"Obama Rolls Out His Economic Team"

On gurneys...

I would invest my money in the Lakota a million times before I would trust the Obama economy plan once.
People have such high hopes for Obama, and he is a puppet in the same globalist bankers pocket.
Same old shit box car with a new paint job.

Where are the yes men and the cronies?
I guess we can't expect another Bush economy.
Oh well.

Come on Obamazoid...take a look at reality.

These are "Yes Men" to the core.

Jeff why not post on a Denmark forum. Nobody listens to you here.

Jeff why not post on a Denmark forum. Nobody listens to you here.

Why don't you demonstrate where he is wrong? Based on Obama's actions and not his catchphrases please.

"The problems we face today cannot be solved by the minds that created them"
--Albert Einstein

Paulson has tried to spread the myth that his bailout eased the credit crunch, but it's not true. The stress in the credit markets was caused by very precise factors (Libor, the TED Spread, OIS-Libor) which were intentionally allowed to rise to perilous levels so Paulson could coerce Congress into giving him his bailout loot. It wasn't until Congress caved in that the FED addressed those market indicators by (setting up a new facility and) providing an explicit government guarantee on commercial paper and money markets.

That's what made Libor go down, not Paulson's misguided TARP program which did absolutely nothing.

So, yes, the banks do need to be recapitalized. But, no, TARP did not address the specific conditions in the credit markets which were causing the problems. And, Yes, Congress is too blind to see that they were duped by a top-hat Wall Street land-shark who pulled the wool over their eyes and made off with $350 billion.

So why would GMAC want to become a bank holding company if General Motors is headed for the chopping block? Could it be that the government is working out a secret deal with management to put the company through Chapter 11 (reorganization) just so it can crush the union and eliminate their pension and health care benefits in one fell swoop?

You bet. Car workers will be reduced to slave wages just like they are in sunny Alabama where sharecropping has moved indoors. And--no surprise--the Democrats are right on board with this labor-busting charade. The auto industry isn't going to be shut down. That's just more fear-mongering like the blather about martial law and WMD. Detroit is going to be transformed into a workers gulag; Siberia on Lake Michigan, which is why Paulson is withholding the $25 billion. It's plain old class warfare.

Excerpted from Michael Whitney @ Counterpunch

Rasta,
Do you even realize how stupid your statement is?
How could you reply to my post if no one listens to me?
Yeah! Prove me wrong!

Stop calling it a bail out. It was a coup de tat on the American economy.
You people don't even realize it but your economy is being merged back with old banks of Europe. They'yr have't even begun to squeeze you yet. They're coming after your 401k's, and other pensions. They're coming after your homes and farms. It hasn't even begun to get bad yet.

"You people don't even realize it but your economy is being merged back with old banks of Europe. They'yr have't even begun to squeeze you yet. They're coming after your 401k's, and other pensions. They're coming after your homes and farms. It hasn't even begun to get bad yet."

"You people"? Some of us HAVE realized it Jeff, and some of us are remaining in this country to prepare for the revolution to come rather than running away. I've already held guns in other countries to defend America, I wouldn't be one to leave it when the battle comes to home turf.

The difference between someone passing on knowledge/wisdom or someone coming across as a know-it-all, or between a forward-looking vision and bombastic ideological conceit is subtle, and is invariably based on the method and words one uses in communication. Your posts, though frequently interesting and on-target, conjure the latter perception on both accounts.

Where are the yes men and the cronies?
I guess we can't expect another Bush economy.
Oh well.

#3 | Posted by tiger150 at 2008-11-24 01:52 PM

Quick, someone get the antidote, the Obamania is strong in this one...

As Bukkake points out, these guys are Rubinesqe in their approach, and represent the status quo more than anything else.

The more things "Change", the more they stay the same.

Anyone notice that the Messiah's plan had no specifics? Anyone notice he was still in campaign mode...without specifics? Anyone notice that the Messiah has NO plan, but just lofty promises?

Yep, that's change you can believe in!

Actually he laid out a fairly detailed plan on Saturday. I would expect that greater detail will emerge now that these people are being put in place.

But our expectations of you are quite low Theo and we don't really expect you to keep up anymore.

Yup, another thread where the ones who voted for the Same now Demand some Change!

Apparently they are still unaware of just how pathetic they sound.

Theo. Don't you fret. Sanantonio is a bitter old man.

Fret? Isn't that kind of an old man expression TIMBeCIle?

I love guys like you. Everytime I see a bitter old man working at Dairy Queen it brings a smile to me face

Everytime I see a bitter old man working at Dairy Queen it brings a smile to me face

#21 | Posted by timbci

Then I can see why your mirror brings you such joy.

"Everytime I see a bitter old man working at Dairy Queen it brings a smile to me face"

So ol' Timbecile likes trolling fer old men at the Dairy Queen.

Nobody is surprised.

Wasn't Larry Summers the guy who gave the female professor the "vapors" at Harvard (?) when he insinuated men and women are basically wired differently? She ran out of the room and Larry was "let go".

That would explain why there are fewer women in the science and math fields??

---------

You wouldn't expect BO to hire "No" people would you?


The difference between someone passing on knowledge/wisdom or someone coming across as a know-it-all, or between a forward-looking vision and bombastic ideological conceit is subtle, and is invariably based on the method and words one uses in communication. Your posts, though frequently interesting and on-target, conjure the latter perception on both accounts.

He's preaching to the choir from his ivory tower.

While he's living the good life in Denmark, the rest of us either decided to or had no choice but to stay here in the US.

I've started preparing myself.

Storing enough food to last myself through a year or so. I have a few friends in other states who are doing the same. I'm going to a gunshow this weekend to purchase a sidearm and some other items I figuring I'll need.

The time has come to prepare. Prevention is out of the question.

He's preaching to the choir from his ivory tower.
While he's living the good life in Denmark,...

Not that good... and getting worse all the time - unless you're white and reasonably well off.

The 'ivory tower' statement is ridiculous (unless you know something about the class of the orator).

The fact that working class Western Europeans have got a relatively good deal is because they stuck together and struck. Not because they shouted from fucking ivory towers.

Though bo has hired a bunch of clinton retreads, hiring Geitner as treasurer is a plus. And a FAR better pick then "srew them with 3 100% toll increases jon corzine.

The mere mention that he'd consider corzine was enough to roil the markets. Corzine was to partner with charles kushner to buy the nets. Kushner was an incredibly corrupt douchebag, who now sits in prison. Surely corzine had vetted him prior to considering the deal. Or maybe not, why else would corzine have named him head of the NJ NY port authority after all. He approved of the sleaze?

Oh and corzine was locked out of his office on his last day at GS....

I just had to get that off my chest.....


The fact that working class Western Europeans have got a relatively good deal is because they stuck together and struck. Not because they shouted from fucking ivory towers.

For that to make sense, he would need to be a working class western european. Since he is, in fact, a transplanted American who ran away rather than stand and fight, I stand by my original statement.

OH MY GOD!!!

There's a Clinton era person in there!

OH MY GOD!!!

So much for change!

-The Righties

People of Lakota Launch Private Bank for Only Silver and Gold Currencies

Hill City, Lakota - November 24, 2008 - In a stunning development, the Free & Independent People of Lakota announced today the introduction of the world's first non-reserve, non-fractional bank... --#2 | Posted by JeffnDenmark

Huh. Now we know where Ray's been all this time.

Wasn't Larry Summers the guy who gave the female professor the "vapors" at Harvard (?) when he insinuated men and women are basically wired differently? She ran out of the room and Larry was "let go". -- #24 | Posted by MURPHY

It was a little more complicated than that. He waltzed into a conference of experts around lunchtime, and graced them with unsupported opinions they had refuted earlier that day:

It was during his comments on ability that Hopkins, sitting only 10 feet from Summers, closed her computer, put on her coat, and walked out. ''It is so upsetting that all these brilliant young women [at Harvard] are being led by a man who views them this way," she said later in an interview.

Hopkins was the main force behind an influential study documenting inequalities for women at MIT, which led that school's former president, Charles M. Vest, to acknowledge the pattern of bias in 1999. A member of the prestigious National Academy of Sciences, she is also a Harvard graduate.

She doesn't argue that there can't be any differences between the abilities of men and women, but she said there is vast evidence that social factors do affect women's performance. For example, she mentioned studies that indicate that women score higher on math tests if there are fewer men in the room while they are taking the test.

The five other women who were offended by Summers' speech also argued that their objections were based on research that indicates women do perform at the highest levels when given the same opportunities and encouragement as men.

''Here was this economist lecturing pompously [to] this room full of the country's most accomplished scholars on women's issues in science and engineering, and he kept saying things we had refuted in the first half of the day," said Denton, the outgoing dean of the College of Engineering at the University of Washington. www.boston.com


At a minimum, his cavalier remarks indicated that he didn't have the judgment required of a university president.

OH MY GOD!!!

There's a Clinton era person in there!

OH MY GOD!!!

So much for change!

-The Righties

"A" as in singular, person. your math is horrible.

also, so obama is contemplating letting the bush tax cuts expire instead of immediately implementing his plan and saving the middle class? so will the middle class get their promised tax cuts? i'm looking for a sound economic opinion, since we obviously cant count on his word, er promise.

There is more concern over the Holder pick--

article.nationalreview.com

Pardons for Rich, the FALN 16 and the Weather Underground Jezabells.

What is the message we are supposed to take for this?

And folks were plenty mad at Bush and Gonzales.

That doesn't hold a candle to Holder...

and all this time we heard so much screaming about how dreadfull it would be to have mccain there for a bush third term

so what did we get

A CLINTON THIRD TERM......

gather up all the interns in the state department!!!!!!!!!!!!!!!!!!!!

so what did we get

A CLINTON THIRD TERM......

#34 | Posted by bushlovertwo

So to echo Corky's salient question... which part didn't you like - the peace or the prosperity?

if 25 years of clinton/bush is okay with you, then have at it...........

and even yesterday I listened to another liberal media dupe talk about barry and abe

when I then read later in the day from my lincoln bio that by the end of 1863, lincolns great cabinet experiment was judged a total failure with seward abd chase having left within the first year and a half and others leaving later.......
this then helped to bring about groups of DEMOCRATS who went POSTAL on the country killing army recruiters and captured confederate prison camps and rearmed the captives...( hey that sounds like the judge the other day with the gitmo terrorists being allowed to leave.)

and this brings me to the other bullshit from the media and here..

dont start telling me that barry is just like abe and fdr when he hasnt spent one day in the white house yet, espeacailly when I have given facts from a academic book that links abe and bush a whole more together than abe and barry............

oh yeah...SA one more thing

I COULD have been president during the 90's with the dotcom boom and nothing like 9/11..........

and you also fail to even mention somalia and bombing drug stores

and I guess I could have been president for another reason too

I like pudgy younger women but I would NEVER desrecate a cigar like that.....................hee hee

dont start telling me that barry is just like abe and fdr when he hasnt spent one day in the white house yet,
Posted by bushlovertwo

I'll make a deal with you. I won't do that if you won't declare his administration and programs a failure when he hasn't spent one day in the White House yet.

I have not done that at all, I dont think........havent meant to anyway

I figure that he will fuck up on his own enough to be a ONENDONER..............

gotta go

happy turkey day to you and yours

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