The Ice Blog

by Ice

CFR Corporate Members Get Lion’s Share of Bailout Funds

Source: NewAmerican

Written by Thomas R. Eddlem
Monday, 23 March 2009 11:30

Newspapers are fixated upon $160 million in bonuses given to American International Group (AIG) executives. And it’s nice to know where the millions are going (note: the bonuses could have been cancelled had the federal government let the company go bankrupt, as officials should have). But where are the trillions in TARP, TALC and Federal Reserve Bank bailout funds going? The man in charge of administering the bailouts is Treasury Secretary Timothy Geithner, who served as a staff member of the New York City-based Council on Foreign Relations before being hired in 2003 to head the New York City branch of the Federal Reserve Bank (Fed). As the vice chairman of the Fed’s Open Market Committee, Geithner is probably a poor choice to get the nation out of it’s current economic mess. He served as Alan Greenspan’s number two man at the Fed, so Geithner is as responsible as anyone for facilitating the severity of the real estate and financial bubble and its subsequent collapse. After all, the Fed was the driving force behind the asset bubble, inflating the bubble larger and larger through artificially low interest rates and an inflationary easy-money policy.

Under Geithner and his predecessor (former Goldman Sachs CEO Henry “Hank” Paulson), the majority of bailout funds have been awarded to high-level donors to Geithner’s former employer: the Council on Foreign Relations (CFR).

Thomas Eddlem raises very important questions at the end of his article … see the entire article here.  A great many of the People know the business relationship of the people involved and yet… there is nothing done.  The People screamed loud and clear for a “No” vote on the bailouts and yet… the bailouts were passed.  Maybe it’s time The People looked for new representation from a different political party?? How about a party that stands on the principles found in the founding documents of this country?

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April 28, 2009 - Posted by | Bailout, Banks, Bernanke, CFR, Council on Foreign Relations, Deficit, Deficit Spending, Economy, Elections, End of America, Federal Reserve, Finance, Fraud, Government, Inflation, New World Order, Political Partys, Politics, Taxpayer | , , , , , , , , , , , , , , ,

3 Comments »

  1. […] Original post by Ice […]

    Pingback by CFR Corporate Members Get Lion’s Share of Bailout Funds | April 28, 2009 | Reply

  2. I have to make it public. It’s suppose to be secret, however most people in Austin, Tx knows about it. The police department has machine that can read your mind. A machine that can read someone’s mind will be used to violate EVERYONE’S CONSTITUTIONAL RIGHTS!!! It can also change the way you feel. Sexual impulses, anger, and paranoia are all feelings they can induce to you at their fingertips. This means it can cause a girl or boy to feel sexual, and get raped thinking they wanted to. Its like a drug. This is just one of the many crimes they commit with this machine RIGHT NOW!!!! They are using it right now to spy on their citizens RIGHT NOW!!! People will be spied on in there homes, without a warrant. (this means someone will be able to watch you during sex without your knowledge.) There are a lot of people all over the United States knowing about this machine. The police department is able to use it to spy on people in their own home. During interrogation they keep a person dazed, confused and not sound of mind to cohersed them into making certain statements. This is a violation of these people’s constitutional rights. Start thinking about how the government has given the police department a weapon to commit not only one of the biggest civil and constitutional rights violations of all time, but to commit war crimes such as rape, brainwashing, and toturing people without the victim’s knowledge. I know it is hard to believe, however if you happen to know someone in the police department who cares for you enough, just ask if they have a machine that can read and control people’s mind. After that, I would also like people to think about how we are able to get the government to stop letting the police department violate the people’s civil and constitutional rights, and committing war crimes against there own citizens. Major media companies have knowledge of this, but are not willing to broadcast it. People need to find out and talk about this issue.

    Comment by notscarednews | April 28, 2009 | Reply

    • Now that sounds a bit wild.

      I do believe that the change in TV to Digital will have unwanted physical and psychological effects on people. These types of changes have been documented in other areas.

      But what you have claimed above seems a bit over the top.

      Comment by Ice | April 29, 2009 | Reply


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