The United States of America's $700 Billion Bailout

"Many of these loans are outright fraudulent. And they are being sold by crooks.
Crooks who work for banks. Crooks who use accounting fraud ..."

-- the recent words of Dr. Michael Hudson, who is a former Wall Street economist
specialising in the balance of payments and real estate at the Chase Manhattan
Bank (now JP Morgan Chase & Co).

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Kleptocracy (theft associated with the corrupt activities of those in positions
of power)
by Crucified Sun Sep 28, 2008 17:13

"The Real News Network spoke to economist and historian Dr. Michael Hudson who
says that it's not a 'bailout' but a 'giveaway' and will create a new
kleptocracy of billionaires."

Related Link: http://impeachthem.com/?q=node/2115

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The above text was copied from the following Indymedia (Ireland) comment
location:
http://www.indymedia.ie/article/89250#comment236791

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"The Insanity of the $700 Billion Giveaway"

"Many of these loans are outright fraudulent. And they are being sold by crooks.
Crooks who work for banks. Crooks who use accounting fraud – such as the fraud
that led to the firing of Maurice Greenberg at A.I.G. and his counterparts at
Fannie Mae, Freddie Mac and other companies engaging in Enron-type accounting."

The piece of text immediately above, written by Dr Michael Hudson, has been
copied from an article dated September 25th 2008 which is on view at the
present time at:
http://www.counterpunch.org/hudson09252008.html

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"The Constitution has been hijacked" (both in the United States of America and
in the Republic of Ireland):
http://www.humanrightsireland.com/PrimeMinisterCowen/9May2008/Email.htm

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Human Rights (Ireland):
http://www.humanrightsireland.com/ 

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For future reference purposes the above information was sent earlier today to
several large "main-stream-media" outlets, and to a selection of senior
politicians and lawyers as well: for details please see at
http://www.humanrightsireland.com/CelticParty/1October2008/Email.htm and
http://www.humanrightsireland.com/GerardMadden/1October2008/Email.htm for
details.

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