Propaganda nougat

Alex Jones’ political-manifesto movie, “The Obama Deception,” is sort of like eating a chocolate-covered candy with a propaganda-nougat center. Mental flossing becomes necessary to clear away the gunk.

I like the commentary from KRS One. I also agree with most of what I heard from Gerald Celente of the Trends Research Institute. And some of what I heard from historian Webster Tarpley makes sense (although I don’t agree with his 9/11 conspiracy). Overall, Mr. Jones and his sources make convincing arguments in his movie. We need major financial reform in this country and around the world, no doubt. Some of our problems have to do with good laws, like Glass-Steagall, being reversed. A lot of our problems have to do with the Military-Industrial Complex.

However, a lot of “Surprise!”-problems popped up due to  the hands-off-the-wheel-style of financial regulation by the Bush White House and its Securities and Exchange Commission. The Bush administration condoned the subprime mortgages being sold as stocks and allowed AIG to take billion-dollar bets with money it didn’t have in real assets. The Bush team also started an illegitimate war in Iraq, which cost $700 billion (so far), and which is the same price tag–$700 billion–for the bailout of the Wall Street banks by Treasury Secretary Hank Paulson, former CEO of Goldman Sachs.

It really is too intertwined…Wall Street and the White House. I’d like to see Timothy Geithner replaced as Treasury Secretary, as I have stated before.

But here’s the Cande…to accuse Barack Obama of being a puppet of the Wall Street banks is to blame him for cleaning up the mess left by George W. Bush. It is conjecture and exaggeration to claim that this former community organizer and man of the people (Obama is no rich scion, like W.) is manipulating the levers of power to benefit the Oligarchy at the expense of the majority of Americans.

Time will tell if President Barack Obama worked to benefit the majority of Americans. He still has time on his side. After all, he just completed his first year in office, after Bush handed him the keys to an economy in free fall. The stock market lost almost half its value, home prices dropped by as much as 30%, and the credit markets were frozen after Lehman Brothers, Bear Stearns, AIG, Merrill Lynch, and dozens of other banks went bankrupt, along with two of the Big Three automakers in Detroit…just as Barack Obama was walking through the front door of 1600 Pennsylvania Avenue Washington, D.C., after 8 years of George W. Bush living there.

Background on the Bilderberg Conference from the New York Times:

http://www.nytimes.com/2004/07/11/weekinreview/nation-conspiracy-theorists-unite-secret-conference-thought-rule-world.html?pagewanted=1

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