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OpEdNews Op Eds    H2'ed 11/3/08  

All Is Well in Stepfordville: More on the Pre-election Chicanery of the Plunge Protection Team

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Ellen Brown
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“The recipients of the first wave of gift-giving include Goldman Sachs.  It has been widely reported that you have surrounded yourself with former Goldman employees as well as individuals from other Wall Street firms.  Yet it has never been revealed whether in fact you and they have fully divested yourselves of your Wall Street holdings.  Doesn’t it seem just a wee-bit of a conflict of interest for those setting the price of the investment to be either so directly linked to the firms receiving the investments or, even worse, direct beneficiaries of the decision to overpay with taxpayer money? . . .  

“Out in the real economy, we need our government to invest in creating sustainable shared prosperity – not play Santa Claus to the scoundrels who have laid waste to the American Dream.”  

Where is the public outrage? As the fog of the election lifts from our plundered nation, we wait to see.  



1           Michael Bolser, “Cartel Capitulation Watch,” LeMetropoleCafe.com (April 18,  2004).

2          William Greider, “Paulson’s Swindle Revealed,” The Nation (October 29, 2008),  citing “USW Raises Questions about Treasury’s $125 Billion Investment in Financial Firms,” Market Watch (October 28, 2008). 

3           Executive Order 12631 of March 18, 1988, 53 FR, 3 CFR, 1988 Comp., page 559.

4          John Crudele, “George Let Plunge Slip,” New York Post (June 27, 2006). 

5           Michael Bolser, “Enough Is Enough,” Midas, LeMetropoleCafe.com (January 26, 2004).  See his chart site at www.pbase.com/gmbolser/interventional_analysis.  

 

6           Chuck Augustin, “Plunge Protection or Enormous Hidden Tax Revenues,” LeMetropoleCafe.com (June 30, 2006).

7           The John Brimelow Report, “Goldman Sach’s ‘Partner’,” Midas, LeMetropoleCafe.com (March 24, 2004), quoting Bianco Research report.

8           The Prowler, “Raid on the Treasury,” The American Spectator (October 12, 2006).

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Ellen Brown is an attorney, founder of the Public Banking Institute, and author of twelve books including the best-selling WEB OF DEBT. In THE PUBLIC BANK SOLUTION, her latest book, she explores successful public banking models historically and (more...)
 

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