The Bank of Ruthless

This is interesting. According to an article on OccupyCorporatism.com titled "Morgan Stanley is Insolvent – Only a Matter of Time Before Total Financial Collapse", http://occupycorporatism.com/morgan-stanley-is-insolvent-only-a-matter-of-time-before-total-financial-collapse/, the cause for the 2008 bailout of the banks was that China had purchased large quantities of mortgage-backed securities, worthless securitized loans which would never be repaid, and were prepared to send their “people” to American shores to seize property.

An invasion, in other words. War.

"To stave this off, the American taxpayers were coerced by former President Bush and former US Treasury Secretary Hank Paulson. During that incident, the US Senate was told emphatically that they had to approve a $700 billion bailout or else martial law would be implemented immediately."

Clever. Threaten "martial law", as if dealing with a "civil" problem, when all the while the fact is that a state of war was imminent.

The REAL Gordon Gekko?

It was 1987. The height of the "me generation". Hippies and Yippies had become "Yuppies". Young. Upwardly mobile. Professional. The epitome was featured in the very popular movie, Wall Street. His name was Gordon Gekko.

Portrayed by actor Michael Douglas, Gekko was a "corporate raider". He would buy struggling companies, strip off and sell the assets, and then dump what little was left. Including employees.

In a tasty bit of irony, Douglas (one of my favorite actors) later portrayed "President Andrew Shepherd" in "The American President".

And in a perfect example of life imitating art, a real-life Gordon Gekko is running for Andrew Shepherd's real-life job, under the name Mitt Romney.

Gekko and Shepherd are fictional characters. The son of the late George Romney, Mexico-born former adversary of Barry Goldwater (and himself a candidate in 1968), Mitt Romney is all too real. And so is his corporate raider company, Bain Capital.

His single largest source of contributions (like that of the current occupier of 1600 Pennsy' Avenue) is Goldman Sachs. You might remember them. A former CEO of Goldman Sachs was Secretary of Treasury in 1998 when mortgage qualifications were "eased". Another former Gold Sachs CEO held that Office 10 years later when the inevitable, predictable, and predicted result of that "easing" came to roost upon all of us, in the form of a $700,000,000.00 "bailout".

Any bets on what happens if Gordon Gekko gets Andrew Shepherd's job?