Wall Street’s “Secret Government”
December 2nd, 2011Via: Alternet:
We now have concrete evidence that Wall Street and Washington are running a secret government far removed from the democratic process. Through a freedom of information request by Bloomberg News, the public now has access to over 29,000 pages of Fed documents and 21,000 additional Fed transactions that were deliberately hidden, and for good reason. (See here and here.)
These documents show how top government officials willfully concealed from Congress and the public the true extent of the 2008-’09 bailouts that enriched the few and enhanced the interests of giant Wall Streets firms.
“Through a freedom of information request by Bloomberg News, the public now has access to over 29,000 pages of Fed documents and 21,000 additional Fed transactions that were deliberately hidden, and for good reason.”
So does anyone know how the public can access these documents? Is there a wikileaks type database or do we just have to trust Bloomberg?
“. . . enhanced the interests of . . .”
Oh, I like that word, ‘enhanced’.
This is like saying the boa constrictor that has just crushed and swallowed a gazelle has ‘enhanced’ its interests.
Can’t believe I’m finally reading R. Buckminster Fuller in general. Specifially at the moment, Grunch of Giants. The Foreward page xxvii says ” We have now scientifically and inontrovertibly found that there is ample to support all humanity. But humanity and its leaders have not yet learned so in suffiiently convincing degree to reorient world affairs in suh a manner as to realize a sustainable high standard of living for all.”
Grunch stands for GRand Universal Cash Heist. Yes. Written in 1983, seems to me this book should be the Manifesto of the Occupy Anything movement. What a bunch of crap when 5 people with Swiss bank accounts rule America (not in the book, my sister reminded me that I told her that when I started graduate school) and do all of their wars, money laundering, and related Wall Street shenanigans and attribute it all to the U.S. citizen. The book is dense, but wow – I can’t believe how Mr. Fuller got the NOW so right.
At the same time, I watched Margin Call from my hotel last week, and if you want to skip the 29,000 or so pages of BS, that movie will show you how Wall Street is one big GRUNCH. Every Day. Really quite sickening, but in my mind, probably one of the most graphic movies re how flucked up our financial system. People that haven’t done a productive thing in their lives (example was digging a hole with a shovel) but are making millions and blowing it on cars, clothes, expensive restaurants, and hookers.
Yeh verily, I think its time to put ear plugs in re whatever Wall Street is doing these days. Surely, if there ever was a moral compass whoa dudes it is long gone. Read Grunch of Giants. Peace, E