- It is always a telling move by the establishment each
year when Time magazine picks its Person of the Year. It's a media maneuver
loaded with propaganda value that is played up by the rest of the mainstream
media for maximum effect. At the same time it gives those of us who bear
no loyalty to those who undermine liberty a chance to see where the establishment
is fighting to shore up an endangered agenda. TIME's propaganda doesn't
always work. In the aftermath of 9/11 they put Rudy Giuliani on the cover
as Man of the Year and promoted him as "America's Mayor" in preparation
for launching him as President under the Republican banner. But that corrupt,
cross-dressing Republican simply wouldn't fly with conservatives. In the
present case, Time's selection of Ben Bernanke is not so much aimed at
making sure he is reappointed as Chairman of the Federal Reserve--which
is all but assured--but to elevate him to a political form of sainthood
so that Bailout Ben can successfully defuse the coming audit of the Fed.
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- If the Powers That Be (PTB) don't derail Ron Paul's audit
train, they know a larger train would be coming down the track behind it
that would seek to outright Abolish the FED. And that is Ron Paul's full
intent, as heralded in his book of the same title. Indeed, there would
be a huge public outcry against the FED if this audit successfully reveals
the FED's secret list of bailout recipients--which isn't fully assured.
Since a government agency will do the audit, it could be undermined and
controlled just like the 9/11 investigation. To maintain control of fiat
money creation is their number one control agenda and the PTB will stop
at nothing to make sure the FED and its secret dealings survive without
public scrutiny.
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- As for Bernanke's re-nomination, there is a token fight
going on in the Senate as the AP reports: "The same day Time magazine
gave him its highest honor as Person of the Year, senators were lining
up against Bernanke, blaming him for failing to anticipate the financial
crisis and for approving massive bailouts to Wall Street's largest firms.
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- "Sen. Bernie Sanders, an independent liberal [actually,
an open socialist--unlike so many other closet socialists in both Democratic
and Republican ranks], called him a 'key architect of the Bush economy.'
Sanders has placed a 'hold' on the nomination, meaning it will require
a super-majority of 60 votes to confirm him [any Senator has the right
to do this, and it is a very effective weapon for those who hold minority
views]. 'Wall Street is very powerful,' Sanders said Wednesday. 'Bernanke
is their guy and they want their guy to stay in office.'"
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- Of course, the establishment has dozens of other Wall
Street insiders they can replace him with, so switching the Chairman isn't
going to solve the problem at all. To give you an example of how big a
role Goldman Sachs plays in controlling world banking interests, here's
a partial list of "former" Goldman executives in high monetary
positions (courtesy of Bill Sardi):
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- Robert B Zoellick, President of the World Bank.
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- Dominique Strauss-Kahn, Managing Director of the International
Monetary Fund
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- Mario Draghi, Chairman of the Financial Stability Board.
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- Adam Storch, COO of the SEC.
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- Gary Gensler, Chairman of the Commodity Futures Trading
Commission.
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- Timothy Geithner, the current Treasury Secretary.
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- Larry Summers, chairman of Council of Economic Advisors.
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- The last two were both protégés of Robert
Rubin, former CEO of Goldman Sachs and Clinton's Treasury Secretary.
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- "Bernanke's term ends Jan. 31 and unless Sanders
relents a full Senate vote on his nomination is not expected until next
month. The Fed chairman is still expected to have enough support to win
in committee and ultimately in the full Senate.
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- "The opposition to Bernanke comes from an odd coalition
of liberals and conservatives... In addition to Sanders, his critics include
conservative Republicans such as Sens. Jim Bunning of Kentucky and Jim
DeMint of South Carolina. Bunning and DeMint sit on the Senate Banking
Committee. On Wednesday, Sen. Jeff Merkley, an Oregon Democrat and banking
committee member, announced he, too, would vote against Bernanke.
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- "Even though Bernanke will likely be reappointed,
he is up for a new term at the height of public antipathy toward the Fed.
The House has already approved legislation calling for a full audit of
the central bank and pending legislation would limit the Fed's regulatory
authority. Appearing at a press conference with Sanders, Robert Borosage,
co-director of the liberal Campaign for America's Future, said: 'Awarding
Ben Bernanke man of the year as Time magazine has done is something like
celebrating an arsonist for helping put out the fire that they just put
a match to.'" Indeed!
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- AND THE RUNNER-UP IS: NANCY PELOSI
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- Well, if anyone's popularity needed shoring up it was
her's, but TIME magazine probably saw this as a waste of good propaganda
ammunition. The San Francisco Chronicle details her "virtues,"
[my counter comments in brackets]:
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- "House Speaker Nancy Pelosi made runner-up as Time
Magazine's person of the year, losing out to Fed chairman Ben Bernanke.
In a glowing profile, Time says Pelosi has 'consolidated more power than
any other Speaker in modern history.' In an interview with reporters in
the Capitol today, Pelosi outlined what is in fact an astonishingly long
list of accomplishments [more like acts of sabotage in the long run] this
year, from a hair-raising bank rescue to the largest fiscal stimulus in
U.S. history, to a climate change bill to health care legislation and millions
of acres of wilderness, food safety, labor legislation and other major
bills that have gotten lost in the shuffle but would on their own be considered
landmark legislation [in the most tragic sense] in quieter times.
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- "'The fact that much of this legislation is stuck
in the Senate only underlines Pelosi's skill in corralling her fractious
House majority. Yes the House rules favor her [meaning any speaker has
the kind of power she has--if they are ruthless enough to use it], but
the record is indisputable [and damning]. A House Democrat speaking anonymously
recently explained her key assets: she raises a ton of money for colleagues,
she is relentless, she works harder than anyone else, she knows policy
inside-out, and she is a master of the three-dimensional chess of House
politics that requires an intimate knowledge of the needs and limits of
each member to achieve the exquisite if sometimes messy blend of policies
and perks necessary to pass legislation.'"
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- Here are some examples of the kind of Congressional arm
twisting, Pelosi and Reid employ, backed up by Obama's chief henchman-Rahm
Emmanuel (the enforcer) in the White House. The first is relayed by Joe
Kovacs of WorldNetDaily.com. "Twenty senators are demanding an investigation
into reports the Obama administration threatened to close Offutt Air Force
Base in Nebraska if that state's Democratic senator, Ben Nelson, didn't
join other Democrats in voting for health-care reform."
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- This was a hollow threat. Offutt contains the backup
underground US military command and control center, and can't be easily
abandoned. Nelson should have called their bluff. Today is Harry Reid's
turn in the Senate. After he gets the final numbers from the Congressional
Budget Office (CBO) on the cost of this unpopular Health Reform package,
Reid is determined to file a motion for cloture (cutting off debate) so
he can get a vote by Saturday and all go home for Christmas, after delivering
a "victory" for the president on reform.
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- According to one source in Washington, "Reid is
ready to invoke the nuclear option - payoff and threaten anyone who stands
in the way. Obama and Rahm Emanuel White House Chief of Staff along with
Pelosi and Reid are making good on their threat to target anyone who dares
to stand in the way of ObamaCare." If that doesn't work, Reid is determined
to get a temporary change of rules and try to end debate with only a simple
majority of the Senate instead of 2/3rds. That would be a major feat undermining
the vaunted Senate filibuster rule that has stopped so many bad bills before.
It shows just how desperate the Democrats are to get this bill passed in
spite of growing public dissent--which is now well below 50% approval.
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- World Affairs Brief - Commentary and Insights on
a Troubled World
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- Copyright Joel Skousen. Partial quotations with attribution
permitted.
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- Cite source as Joel Skousen's World Affairs Brief http://www.worldaffairsbrief.com)
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- World Affairs Brief, 290 West 580 South, Orem, Ut 84058,
USA
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