MyFox
 

ThoughtManifest's Blog

by ThoughtManifest from Belleville

Last Post 27 days, 17 hours Ago


The Final 2 Take's Control
Sep 25, 2008 | 5:33 AM
Category: News
Report This Post

WASHINGTON - The Federal Reserve has granted the Country's Last Two Major Investment Banks — Goldman Sachs and Morgan Stanley — To Change their Status to Bank Holding Companies.

The change making them bank holding companies was granted by a unanimous vote of the Fed's board of governors during a Late Sunday meeting in Washington.

The change of status means Both Companies will come under the Direct Regulation of the Federal Reserve, which regulates the nation's bank holding companies.

The Decision means that the Goldman Sachs and Morgan Stanley will be able Not Only to set up commercial bank subsidiaries to take deposits, giving them a major resource base, but they will Also have the same access as other commercial banks to the Fed's Emergency Loan Program.

Most Importantly! The Action Entitles Goldman Sachs and Morgan Stanley the Opportunity by Authority of The Federal Reserve to Receive the $700 billion. From the Bailout Bill.

Not to mention there's still that Little Known 32-Word Single Sentence. That

Section 8:

Decisions by the Secretary pursuant to the authority of this Act are Non-Reviewable and committed to Agency Discretion, and May Not be Reviewed by any Court of Law or Any Administrative Agency.

That Means. The $700 billion taxpayer dollars to purchase the distressed assets of several failed financial institutions, will be conducted in a manner Unchallengeable by Courts and Ungovernable by the People’s Duly Sworn Representatives.

If anyone is still under the Illusion that there is No Conspiracy Going on here, Then there truly is No Hope for America.

 
9 Comments |  Add a Comment

Member Comments Total Comments: 9
Page 1 of 1
DetroitLover9550 read my blog view my photos
Sep 25, 2008 | 9:50 AM

I thought it was customary for the feds to do that in order to give them bailouts. I don't think that is news. I also hope that they are working to change the accountability aspect of the bill.
shockhazard read my blog view my photos
Sep 25, 2008 | 10:07 AM

I'm not for the bail out , and , I'm not letting the scare tactics drive me .
A trillion dollars worth of debt better damn well be secured by some sort of accountability .
ThoughtManifest read my blog view my photos
Sep 26, 2008 | 12:04 AM

DetroitLover9550,

Not only will the Internatonal bankers get this Bailout Money, But Through Goldman Sachs and Morgan Stanley, they will Now Legally Control ALL Aspects of the American Financial Structure. From the Banks, to the Mortgages, to the Stock Exchange to the Federal Reserve. All competitors will get Swallowed Up!

Plus, Most Importantly!! With the Approving of Section 8.

That Means they can do anything they want. No Police, No Courts, No Politicians can touch them. No One!!!

This is Much Bigger than people realize. This is Monumental!!
ThoughtManifest read my blog view my photos
Sep 26, 2008 | 12:30 AM

Shockhazard,

As far as Accountabililty. Its Quite the Opposite. Not only will the Real Criminals be Rewarded with Millions for their parts in Getting this Approved.

But we have just approved these Criminal's Companies to Setup Banks that will Now Be on Every Corner to Collect the Interest Money that Americans will have to pay for this Bailout Loan.

Which again, is paying for the Money that was given to these Criminal bankers. Talk about Double Dipping.
ThoughtManifest read my blog view my photos
Sep 26, 2008 | 3:16 AM

Just an Update. The Consolidation Continues as i said. Washington Mutual. The Largest Savings and Loan Company in America, Has Just been Swallowed Up!! by J.P.Morgan Chase.

Which is owned By The Rockefeller Family and and the Morgan Family. Both who owns Morgan Stanley and Goldman Sachs.

Its coming people. The North American Union and The Amero.
dinkiedow read my blog
Sep 27, 2008 | 12:34 PM

I've been known as one to have an IQ lower than plant life,matter of fact 2 points lower than a cauliflower and i had that much!!!! "GREAT POST" just goes to prove, even an old dog with fleas can learn a thing or two!!
ThoughtManifest read my blog view my photos
Sep 28, 2008 | 7:52 PM

dinkiedow,

The Majority of Americans have No Idea, and are Manipulated to focus on issues that Conceal the Puppeteers from the puppet.

People are Manipulated to Blame other Victims rather than the Offender.

These Criminals are Very Smart and think 2 to 4 Steps ahead of the Average American.

Unfortunately, The Crash has yet to Come.

Its coming people. The North American Union and The Amero.
bonanza1 read my blog
Sep 29, 2008 | 4:24 PM

WOW I hope you are impressed as I am that if the American public truly says no – It means no. Pelosi sat on her high horse and lied like she always does and the supposed bi-partisan agreement was not real for the fourth time (my count) on this one subject. Now it is time to get rid of the Godfathers in NYC and their puppets in Washington, DC.
ThoughtManifest read my blog view my photos
Sep 30, 2008 | 7:57 PM

Bonanza1,

The American People have Absolutely No Idea of New York"s Billion Dollar Mayor Michael Bloomberg's Intimate Ties with Goldman Sachs and the International Banking Families.
Page 1 of 1


Write your comment below:




ThoughtManifest

If you want to know about me. Asking is the first step. If you replied to my comments on your post and i havent replied back. I Apologize. I forget sometimes who's post i replied to. Other times i just Hate the system of scrolling down page by page and checking old post Everytime i log on. Takes too Long. Should only be Post Titles.

Member Since: 5/8/2008


 

View All Photos


RSS: XMLWhat is RSS?