Watch The Fed ride in on their white horse to “save” this one:
Alarm swelled on Friday that Fannie Mae and Freddie Mac might run short of capital, placing the fragile U.S. economy at even greater risk, as the Bush administration offered no hint of a government bailout of the largest U.S. providers of financing for mortgages.
Treasury Secretary Henry Paulson, responding to reports a government takeover was under consideration, said “our primary focus is supporting Fannie Mae and Freddie Mac in their current form as they carry out their important mission.”
Worries about Fannie and Freddie grew after The New York Times said the administration was considering a plan to put the companies, thought to have implicit government backing, into a conservatorship if their problems worsen, citing people briefed about the plan.
Millions have woken up. We at OAS have woken up. Have you woken up?
Hundreds, if not thousands of writers and investigative journalists have been pumping out the facts on the implementation of a one world government. We have exposed the players, the organizations and the politicians. We have exposed the corrupt “mainstream” media (print and electronic), including cable networks (MSNBC, FAUX, CNN) who lie through omission and openly support those who are carrying the water for the global lunatics. Our biggest cannon has been the Internet. This tool has allowed us to reach millions of Americans with the truth and we will continue to do so. However, the bottom line as I have said so many times before is that only we the people can stop these united States of America from becoming part of a global region is by rejecting the agenda.
The mendacity by these evil individuals world wide pushing globalization down our throats has been incredible. The program adopted to bring these plans to fruition has worked beyond their wildest dreams because tens of millions of Americans have allowed it to happen either through laziness, blind party loyalty, indifference and apathy. However, as time has gone by and conditions worsen for the American people, millions are waking up. Sadly, many more millions are willing to surrender their freedom and liberty for scraps from the King’s table.
It has been announced that Bilderberg luminary and top corporate elitist James A. Johnson will select Democratic candidate Barack Obama’s running mate for the 2008 election and in turn potentially act as kingmaker for America’s future President.
Johnson also selected John Kerry’s running mate John Edwards in 2004 after Edwards had impressed Bilderberg elitists Henry Kissinger and David Rockefeller with a speech he gave at the globalist confab in Italy that year.
The news further puts to rest any delusions that Bilderberg is a mere talking shop where no decisions are made. In reality, the group is shaping some of the primary developments in the domestic and geopolitical arena today, particularly in the context of oil prices which continue to accelerate towards Bilderberg’s target of $200 dollars a barrel.
Glenn Beck keeps getting closer and closer to the truth. I fear for him:
Ron Paul nails it again:
Bill, Yahoo. Yahoo, Bill. Both of you meet China. Oh, you already know each other? My bad:
As Chinese authorities have clamped down on unrest in Tibet and jailed dissidents in advance of the 2008 Olympics, Sen. Hillary Rodham Clinton has taken a strong public stance, calling for restraint in Tibet and urging President Bush to boycott the Olympics opening ceremonies in Beijing.
But her recent stern comments on China’s internal crackdown collide with former President Bill Clinton’s fundraising relationship with a Chinese Internet company accused of collaborating with the mainland government’s censorship of the Web. Last month, the firm, Alibaba Inc., carried a government-issued “most wanted” posting on its Yahoo China homepage, urging viewers to provide information on Tibetan activists suspected of stirring recent riots.
Alibaba, which took over Yahoo’s China operation in 2005 as part of a billion-dollar deal with the U.S.-based search engine, arranged for the former president to speak to a conference of Internet executives in Hangzhou in September 2005. Instead of taking his standard speaking fees, which have ranged from $100,000 to $400,000, Clinton accepted an unspecified private donation from Alibaba to his international charity, the William J. Clinton Foundation.
From the laughable “yeah right!” files:
Senator Hillary Rodham Clinton managed to co-opt Mr. Obama’s message of hope and optimism, beginning a speech in Valparaiso, Ind., by talking about how positive and “fundamentally optimistic” Americans are.
“We don’t get bogged down and looking back – we’re always looking forward,” she said, as heavy applause nearly drowned out her words. “Whatever obstacle we see, we get over it. Whatever challenge we have, we meet it. We’re the problem-solvers, we’re the innovators, we’re the people who make the better future.”
For the third time since Mr. Obama’s remarks were made public Friday night, Mrs. Clinton criticized him at length, saying his comments seemed “kind of elitist and out of touch.”
“I disagree with Senator Obama’s assertion that people in our country cling to guns and have certain attitudes about immigration or trade simply out of frustration,” she said.
She described herself as a pro-gun churchgoer, recalling that her father taught her how to shoot a gun when she was a young girl and said that her faith “is the faith of my parents and my grandparents.”
I’m sure she’s real up on the bible and those rifle skills. Obama made a stupid, stupid comment and she’s pouncing.