Here's how they do it: Here's how the MURDEROUSLY ENTITLED Neo-Con TRAITORS at the Washington Post, PIMP their DESTRUCTION of the American economy, by pimping the RELENTLESS TRANSFER, FROM American consumers and taxpayers, to the hyper-wealthy, of billions upon trillions of dollars of American household extorted from taxpayers by "bailouts."
In this particular case (and see our previous example in our previous post), the Washington Post EDITORS and PUBLISHER take a STOCK RIGHT-WING POLICY PAPER... and print it in the pages of the Washington Post as a "news" story!
And the essence of this Post article is simplicity itself (our paraphrase):
"The Big Banks, being TO BIG TO FAIL [TBTF], MUST BE **BAILED OUT** by taxpayers.... even if it cost over twenty trillion dollars, TWENTY+ TRILLION DOLLARS.
(Nearly 2x the entire annual US GDP, or entire annual economic production of all Americans put together).
And now that the bankers have TRANSFERED THEIR LOSSES, via Congress, White House, and Bernanke's Federal Reserve into DEBT on the American taxpayers' backs, AMERICAN TAXPAYERS must now take AUSTERITY CUTS in pay, benefits, and salary, and take SLASHINGS of the social safety net it has taken America 100+ years to create."
This is, needless to say, the ECONOMIC LOOTING of America... PRECISELY the MONOPOLY PROFITS for the wealthy lords of the East India Tea Company, directly connected to England's ROYAL GOVERNMENT and Royal Army, that American Patriots REBELLED AGAINST to start the American Revolution in 1775 and 1776.
Group Asks to Meet with Washington Post Company Chair Donald Graham
Policy Experts Call on Washington Post to Stop Printing Biased 'News' Articles by Billionaire Ideologue, Peter G. Peterson
Graham's Washington Post runs a "News" Story by Peterson-Funded Fiscal Times About Conrad Deficit Commission, Quoting Groups Funded by Peterson.
Jan. 5, 2010
PRNewswire-USNewswire
http://www.prnewswire.com/news-releases/policy-experts-call-on-washington-post-to-stop-printing-biased-news-articles-by-billionaire-ideologue-peter-g-peterson-80742452.html
The Washington Post's decision to publish special-interest-funded propaganda as a "news" story on New Year's Eve could signal the death of the daily newspaper as an independent and objective news source, according to a group of 21 policy experts who protested in a Jan. 1 letter to the Post's ombudsman. Having received no response, [from THE MEDIA WHORES at the Washington Post] the group sent a new letter to The Washington Post Company chairman Donald Graham today demanding to meet with him. Campaign for America's Future co-director Roger Hickey signed both letters.
The Washington Post Dec. 31 article, entitled "Support grows for tackling nation's debt," was NOT written by the newspaper's reporters. It was written by a new organization called The Fiscal Times, whose founder and major backer, Peter G. Peterson, has a long-term ideological commitment to cutting public programs like Social Security and Medicare over public investment and progressive taxation as a way to reduce deficits. This explains why the article was rife with factual errors, important omissions and significant distortions that favored Peterson's position.
THIS is how the WHORE Washington Post pimps the ECONOMIC ENSLAVEMENT of America: The Big Banks
["TBTF" = To Big To Fail banks] that OWN the U.S. Federal Reserve, instruct Fed Reserve Chairman BEN BERNANKE to PRINT UP BILLIONS (upon TRILLIONS) of fait "created out of thin air" dollars, which wind up in member banks vaults. As if this TREMENDOUS ADVANTAGE - having "FREE MONEY" land in your bank vault, which other Americans MUST borrow at interest - wasn't enough for the Goddamn-Sachs, JPMorgan-Chase, & Citi-bank (et al) mega bank hedge-funds, they PROCEEDED TO LOSE TRILLIONS of dollars by their own self-inflicted "Credit Default Swaps" and other FRAUDULENT "derivatives" sales to unsuspecting investors and PENSION funds....
...and here's the truly despicable part, having ABUSED their advantage, of member/OWNERS ACESS to the FREE MONEY of MONEY CREATION at the Federal Reserve Banks, those bankers drove their OWN companies into BANKRUPTCY and failure.... then the GS/JPM/Citi/BoA/NYMellon (et al) banks next run crying, screaming, whining, and wailing to Congress... where they proceed to EXTORT TWENTY+ TRILLION dollars in "BAILOUTS" - "bailout" from Congress and the White House, billions (trillions) that OBLIGATE Taxpayers to make good on!
THIS Washington Post economic HIT PIECE, MASQUERADING as "news reporting" - advocates POVERTY and AUSTERITY MEASURES for the American public, because the TBTF bankers - ALLIED WITH the BIG MEDIA Washington Post -
have TRANSFERRED THEIR billions of dollars of LOSSES and bankruptcy, on to the backs of AMERICAN households!
AND WHAT are these great "American" billionaires DOING WITH ALL THEIR STOLEN LOOT? WHY are they SO INSANELY GREEDY to add NEW billions to their kleptocratic vaults, as they push for the WAGE ENSLAVEMENT, 3rd world "Banana Republic" poverty conditions in America, while they offer America NO TANGIBLE IMPROVEMENTS in our national infrastructure or economic stability?!
BECAUSE THEY - the billionaire right-wing ideologues and Washington Post editors and publishers - ARE INSANELY GREEDY TRAITORS to the notion of a free, independent, and democratic United States of America.
Here's the Post's own "news" story, actually
RIGHT-WING ECONOMIC PREDATION PROPAGANDA by the very
"Israel uber alles" Neo-Con Washington Post, MASQUERADING as "American news":
Support grows for tackling nation's debt
By Elaine S. Povich and Eric Pianin, The Fiscal Times
[but ORIGINALLY POSTED as a WASHINGTON POST article!
And STILL posted on THE WASHINGTON POST's website!]
Thursday, December 31, 2009
http://www.washingtonpost.com/wp-dyn/content/article/2009/12/30/AR2009123002576.html Senate action late last week that increased the limit on the government's credit card to a record $12.4 trillion gave a significant boost to a proposal to appoint a special commission to make the tough decisions that will be required to dig the nation out of debt.
Note how the above is an implicit ADMISSION that the BAILOUTS __HAVE NOT__ been paid back by the Big Banks, thousands of lying Washington Post, New York Times, CNN, Time, Newsweek, Wall Street Journal, and other American "news" organizations "reporting" that the Big Banks HAVE PAID BACK their bailouts notwithstanding.
THE FAR EASIER, and infinitely more "just" means of PAYING DOWN THE U.S. DEFICITS, would be to "CLAW BACK" from the Big Banks the BILLIONS upon TRILLIONS of dollars American taxpayers have been FORCED - EXTORTED by Congress, the Fed, and BOTH the Bush & Obama White Houses - to GIVE to the TBTF banks in the form of "bailouts".
Here's the Washington Post's "CORRECTION" for publishing a BLATANTLY RIGHT-WING article advocating ECONOMIC SLAVERY , under the Post's banner. Note how the Post even fudges their "Correction" - it focuses on a single statement in the article - instead of the fact that the Post was trying to blatantly pass of RIGHT-WING "think tank" PROPAGANDA as their own "news" article:
Correction to This Article
The article by the Fiscal Times, about growing congressional support for a bipartisan commission to address the nation's debt, contained a statement supporting the concept by Robert L. Bixby, the executive director of the Concord Coalition. The article should have noted that the Concord Coalition receives funding from the Peter G. Peterson Foundation. Peterson, but not his foundation, also funds the Fiscal Times, the independent news service that prepared the article
