Items #1 & #2 in that INTENTIONAL LYING of the US corporate media, & Washington COWARDLY Post & New York LYING Times in particular is, of course, that
#1. not only do they REFUSE to report on the FULL EXTENT of the big-bank BAILOUTS thus far - whether those bailouts are 'just' the THREE TRILLION DOLLARS we have summarized here before, of the TWELVE TRILLION TAXPAYER DOLLARS that David Sirota mentions Bloomberg reporting... but,
#2. STUPID AMERICAN led-by-nose, like-cattle, consumers, citizens, & Taxpayers DO NO GET a SINGLE, _NOT ONE lousy AUDIT_, of NOT ONE FAILED BANK, for all our HUNDREDS OF BILLIONS of TAXPAYER dollar BAILOUTS, of the VERY BANKS & HEDGE FUNDS, who would help the oil-men CORNER THE MARKET on US gasoline production if they could, so they could charge us $5/gallon gas prices..... TWICE what it cost refiners & gas stations to sell that gallon of gas - back at the onset of this Economic Crisis, the moment the Bankster's HEDGE-FUND SPECULATIONS and insanely greedy, divorced-from-reality DERIVATIVE "financial instruments" finally burst!
THE NEW YORK TIMES and WASHINGTON NEO-CON WAR-MONGERING POST are at the ROOT of America's Economic Crisis - TRILLIONS of dollars of investor, worker, pensioner, and taxpayer dollars VANISHED into the ether - and their EVERY DAY's "reporting" is testimony to just how AWFUL, DISTORTED, MISINFORMATIVE, CORRUPT, and TREACHEROUS the editors, publishers, and writers of the Post & Times really are.
As an actual here-and-now, concrete example, note how the NEW YORK SLIMES implies that "top bankers" & "TOP TALENT" are leaving the banks just a step ahead of (hiss!) ONEROUS "regulations" -
http://www.nytimes.com/2009/04/12/business/12wall.html"ONEROUS REGULATIONS" of course are a FAVORITE RIGHT-WING THEME, that, among other things, led DIRECTLY to TIMMMY McVEIGH's MURDEROUS DOMESTIC TERRORISM. One of the just 2 or 3 excuses McVeigh gave for bombing the Oklahoma City Govt. building was that "liberal & Democrat "EXCESSIVE REGULATIONS" had wrecked the Economy during the Bush-1 Recession... along with the other perennial Right-Wing demon, "TAX & SPEND BIG GOVERNMENT" - WHICH of course the NEW YORK SLIMES _FAVORS_, when the Government is HANDING OUT BETWEEN three TRILLION and _THIRTEEN TRILLION taxpayer dollars_ to BAIL OUT THEIR home-boy NEW YORK BANKSTER-Gangsters like BERNIE MADOFF victims, GOLDMAN-SACHS, and CITI bank!!
< Top bankers have been leaving Goldman Sachs, Morgan Stanley, Citigroup and others in rising numbers to join banks that DO NOT FACE TIGHTER REGULATION, including foreign banks, or start-up companies eager to build themselves into tomorrow’s financial powerhouses. Others are leaving because of culture clashes at merging companies, like Bank of America and Merrill Lynch, and still others are simply retiring early. >
(note: McVeigh's 3rd major excuse for launching America's deadliest home-grown TERROR ATTACK since the Civil War, was as revenge or retribution for the US government FBI & ATF siege of the wacky, gun-obsessed "Fundamentalist Christ-ian" cult of David Koresh outside of Wacko, Texas, after the ATF, in early 1993 under plans drawn up while Bush Sr. had been president in 1992, attempted to ARREST CULT MEMBERS AT THEIR fortress compound, instead of arresting them when they came in to town! - triggering a machine-gun battle between the Feds & cult-members that killed several of the poorly led ATF agents.)
Note too how Times writers GRAHAM BOWLEY and LOUISE STORY spin this "bankers leaving big NY banks" story in the MOST FAVORABLE spin possible, even using the (Jewish) RELIGIOUS TERM, "EXODUS" for those poor, starving Banksters forced to flee their jobs without even having time to fix a grilled-cheese sandwich:
< There is an air of exodus on Wall Street — and not just among those being fired. As Washington cracks down on compensation and tightens regulation of banks, a brain drain is occurring at some of the biggest ones. They are some of the same banks blamed for setting off the worst downturn since the Depression. >NOWHERE do the Times editors, or writers Story or Bowley, make an effort to point out that not only were the banks that "some of the same banks blamed for setting off the worst downturn since the Depression" - but they are ALSO BANKS that WOULD BE IN BANKRUPTCY but not for the Bush-PELOSI-PAULSON _HUNDREDS of BILLIONS of TAXPAYER dollars_!!
THIS IS HYPER-TYPICAL NEW YORK TIMES and WASHINGTON POST _ENTITLED_ NY/DC ELITIST REPORTING: act ('report') as if the TRILLIONS of dollars of TAXPAYER BAILOUTS NEVER HAPPENED! The poor Banksters are leaving their jobs ONLY because of the looming threat of TOO MUCH GOVERNMENT REGULATION, and because, somewhere out there in miserable, hard-scrabble, insurgent-infested America-stan, the rabble brought a, you know, ECONOMIC CRISIS on their despicable selves !!!!!!
Nor does the Times Story & Graham bother to make the SIMPLE connection, that if some of these poor "BANKERS IN EXILE" have been working at banks like UBS that have been "TARNISHED BY THE FINANCIAL CRISIS" - then maybe, JUST MAYBE... some of those Bankers are GUILTY of MISMANAGING their banks (or departments in those banks) - sort of like RATS FLEEING A SHIP that THEY helped gnaw a hole through the hull of!
< The turning point for ____ ____ came in February, around the time bonus checks were slashed. A veteran of UBS, one of many banks TARNISHED BY THE FINANCIAL CRISIS, Mr. ____ realized that the old Wall Street would not be bouncing back any time soon. It was time to head for the new. >
Does the NEW YORK SLIMES - who FAVOR _HUNDREDS of BILLIONS of TAXPAYER BAILOUTS_ for FAILED banks - make ANY effort to suggest that these poor, downtrodden, Exodus Bankers may, just might, have had ANYTHING to do with their FAILED BANKS, and the COLLAPSE of US economy????
HELL NO!!
Could you POSSIBLY ask for a better example of the Times' real "NY BANKSTERS ARE HOLY, Taxpayers are PEONS" agenda??!
Well, SINCE Mr. Sulzberger's ATROCIOUS, DECEITFUL, CHRONICALLY LYING, CORRUPTION-ENABLING Times has completely forgotten how to stoke genuine taxpayer outrage against SERIAL ABUSE by the MONIED CLASS (and NY & DC corrupt elites_ - we wrote the above screed, and connect it to this English paper's HEADLINE LEDE of TAX REVOLT vs entitled elected officials in England..... MISUSING - not TRILLIONS of taxpayer dollars - but their own government expense accounts for personal use:
How MPs Take Home 28 Times the Average Voter’s Pay
By Simon Walters & Simon Mcgee
12th April 2009
http://www.dailymail.co.uk/news/article-1169347/How-MPs-home-28-times-average-voter-8217-s-pay.html
More than 23,000 expenses protests delivered to No 10 [Downing Street, the equivalent of the White House for the English Prime Minister] -
Gordon Brown was under huge pressure this weekend to reform lavish Commons allowances after more than 23,000 Mail on Sunday readers demanded urgent action.
This newspaper launched its Stop The MPs’ Gravy Train petition last month,
following a string of revelations about how they have been using expenses loopholes
for personal benefit.
As we have tried to make the case, EVEN America's "JOURNALISM" schools are SERIOUSLY DEFICIENT, because POKING HOLES in NY Slimes and Washington WHORE Post reporting is ridiculously EASY, the only problem is.... when ALMOST EVERY SENTENCE the Post & Times write in important, financial-government 'reporting' is SHEER PROPAGANDA; then deconstructing their elitist, entitled, deceitful reporting is easy, except for the SHEER VOLUME of their RELENTLESS LIES!
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To repeat for the 1,000th time, NEITHER the Post, nor the Times, will EVER EXPLAIN the TRUE EXTENT (amount thus far) TAXPAYER BAILOUTS for the FAILED, FRAUDULENT BANKING ELITES, nor will the Post & Times DEMAND RELENTLESS top-to-bottom AUDITS of those FAILED, FRAUDULENT BANKS
(FRAUD in this case a CRIME - remember, the Post & Times were CHEERLEADERS for the Bush DoJ/SEC PROSECUTION of MARTHA STEWART) - that is, the POST & TIMES are COMPLICIT in CRIMINAL FRAUD in the abuse of first CONSUMER & INVESTOR billlions, and now in the abuse of BILLIONS of TAXPAYERS dollars vanished & directed towards a huge BLACK-HOLE of GRAFT and FINANCIAL CORRUPTION.
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