/* */

Saturday, November 22, 2008

More predictions

These ones are more tongue-in-cheek. Al Franken wins by 1 vote. Joe Lieberman anguishes over whether to confirm a Supreme Court appointment. Ted Kennedy is brought in by stretcher to cast a dramatic tie-breaking vote.

On a more serious note, Timothy F. Geithner, Obama’s choice for Treasury Secretary, is president of the Federal Reserve Bank of New York. In "The Web of Debt," Ellen Brown explains how private bankers circumvent restrictions on Fed profits by hiding them among the member banks, the largest of which is the Federal Reserve Bank of New York. And ownership of the NY Fed is largely in the hands of the big private banks like Citibank and JPMorgan Chase, the legacies of Robber Barons John D. Rockefeller and J.P. Morgan.

If we indulge the conspiracy theorists, we acknowledge that Federal Reserve leaders are among the top participants at Bohemian Grove. Theorists believe that the owl that they worship also appears as a tiny dot at the upper right front of the one-dollar bill, and that it symbolizes how it can hunt in the dark, the implication being that the rest of us are in the dark. Whether or not we are ruled by a bunch of wussy whack jobs, I am at least convinced that most of us are in the dark.

If we tie it all together, then the worst case scenario is that Obama’s soul is sold. The best case is that this Geithner can help him turn things inside out and shine a bright search light on the guts of it. But I doubt it. I don’t know what they can try to keep the economy running. Maybe a new hyper-debt, without much point, just an ugly path of least resistance.


At Sun Nov 30, 08:18:00 PM CST, Blogger Tom Cleland said...

I have already predicted there will be a media distraction in the first weeks of the Obama presidency. One interesting possibility is if the Franken-Coleman recount goes to the U.S. Senate for adjudication, as has been explained as plausible by the press. That would make for high drama...

At Mon Dec 01, 06:42:00 PM CST, Blogger Tom Cleland said...

If the Vikings make it to the Superbowl, that will direct even more attention to Minnesota in January...


Post a Comment

<< Home