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Article : Cheney en balade et le paradoxal isolement US dans la crise

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Again...

John Walker

  06/09/2008

The author of this article continues to be blinded by his primitive anti-americanism.  US can do no good, only harm… Perhaps it is time for you to compare evenly, which might be a difficult act to achieve.

A US constitutionalist ... blinded by his primitive anti-americanism !

Francis Lambert

  07/09/2008

Bruce Fein is a constitutional lawyer at Bruce Fein & Associates and chairman of the American Freedom Agenda.

...  In grasping and exercising presidential powers, Cheney has dulled political accountability and concocted theories for evading the law and Constitution that would have embarrassed King George III. ... In other words, the vice president is a unique legislative-executive creature standing above and beyond the Constitution.

... The vice president initiated kidnappings, secret detentions, and torture in Eastern European prisons of suspected international terrorists.
... The legal precedent set by Cheney would justify a decision by Russian President Vladimir Putin to kidnap American tourists in Paris and to dispatch them to dungeons in Belarus if they were suspected of Chechen sympathies. ... Mr. Cheney has championed a presidential power to torture in contravention of federal statutes and treaties.

... Cheney is impeachable for his overweening power and his sneering contempt of the Constitution and the rule of law.

Slate June 27, 2007 Impeach Cheney, The vice president has run utterly amok and must be stopped. By Bruce Fein
http://www.slate.com/id/2169292/

Again...

John Walker

  07/09/2008

Cheney is the man, too bad we can’t have him for another eight years.

Top five US Foreign Masters (of which Luxemburg & Belgium) Have Spoken

Francis Lambert

  08/09/2008

... from MarketWatch, The top five foreign holders of Freddie and Fannie long-term debt are
China, Japan, the Cayman Islands, Luxembourg, and Belgium.

In total foreign investors hold over $1.3 trillion in these agency bonds, according to the U.S. Treasury’s most recent “Report on Foreign Portfolio Holdings of U.S. Securities.”
China alone holds $376 billion in bond holdings.
Unless I am misreading something, foreign central banks will be protected, including China’s…and the America taxpayer will foot that bill.
Secretary Paulson has been busy of late reassuring foreign central banks that they will be protected.
... While we may be dismayed that foreign central banks will receive “government backing,” we do not have much choice.

Yu Yongding, former advisor to China’s central bank, put the matter bluntly:
``If the U.S. government allows Fannie and Freddie to fail and international investors are not compensated adequately, the consequences will be catastrophic,’’ Yu said in e-mailed answers to questions yesterday. ``If it is not the end of the world, it is the end of the current international financial system.’‘

... As Paul Krugman said: I used to think that the major issues facing the next president would be how to get out of Iraq and what to do about health care. At this point, however, I suspect that the biggest problem for the next administration will be figuring out which parts of the financial system to bail out, how to pay the cleanup bills and how to explain what it’s doing to an angry public.
... That means there are some nervous people all over the globe. And that’s what is driving this—at least partially. And that should scare everyone to death. We are no longer in complete control of our sovereignty.
...  A long time ago (actually about three years ago) Paul Volcker wrote an editorial in the Washington Post called An Economy on Thin Ice. ... as things stand, it is more likely than not that it will be financial crises rather than policy foresight that will force the change.

2008/09/08 Freddie and Fannie Bail-Out: Our Foreign Masters Have Spoken, Hale Stewart, http://www.huffingtonpost.com/hale-stewart/freddie-and-fannie-bail-o_b_124713.html

(NB : les 200 milliards USD engloutis dans les “Frannies” sont une goutte d’eau. La moitié du PIB belge ne peut sauver un déficit qui fait le tiers du PIB US. D’autant plus que les USA collectionnnent les autres déficits. Ces 200 milliards visent uniquement à reporter la catastrophe sur le futur “élu”.)