Sunday, September 21, 2008

October Surprise

Coup d'Etat (French) means a state stroke, and the term is applied to one of those bold measures taken by Government to prevent a supposed or actual danger, as when a large body of men are arrested suddenly for fear they should overturn the Government.
The famous coup d'état, by which Louis Napoleon became possessed of absolute power, took place on December 2nd, 1851.


Wall Street Coup d'Etat --
An early October Surprise, marching toward fascism.

The regulation, control, and discretion of government officials into the day-to-day operations of corporations, and corporate interests, does appear to be fascism to me.

What about the manufacturing sector? why no bail-out? why no infrastructure bail-out? why no modern energy initiatives?

Health care for every American would be cheap compared with this anticipated bail-out. I remember the tech-sector, when it failed? Why no bail-out? Does Wall Street really deserve to be bailed-out? Why specifically these people? Why AIG, and not Lehman Brothers?

The fate of fannie and freddie were anticipated, and not discussed much beforehand. As quasi-governmental agencies they were not going to be allowed to fail.

I want to know WHY the financial sector deserves to be bailed-out? And, specifically WHY are some allowed to fail? AIG, and those who were more fortunate deserve increased scrutiny. Who made the decision? Why? What? Where? When? How? ... and again, Who?

Maybe it is just me, but this is beginning to smell fishy? These explanations are sounding weird, combining elements of corporatism, totalitarianism, nationalism.
--mindbowler