Tuesday, September 23, 2008

Reporter Warns Staged Financial Crisis Part Of Fascist Coup

Huffington Post writer threatened by neo-con bloggers after urging readers to remember Prescott Bush’s Fascist "Business Plot"

Steve Watson
September 22, 2008

A reporter for the left leaning alternative news website The Huffington Post has been attacked by neo-con bloggers and phony right-wing patriots after pointing out that the current financial crisis is part of an intentional coup to transfer unprecedented power to the Executive Branch and place public funds in the hands of the global corporate elite.

Writer Larisa Alexandrovna, makes a number of salient points in an article entitled "Welcome to the final stages of the coup…".

Referring to the Bush administration’s "Wall Street bailout bill", Alexandrovna warns that a fascist coup is in it’s closing stages, describing the proposed legislation as "treachery being conducted in the light of day."

She writes:

"Now, if you do not yet understand that the Wall Street crisis is a man-made disaster done through intentional deregulation and corruption, I have a bridge in Alaska to sell to you (or Sara Palin does anyway). This manufactured crisis is now to be remedied, if the fiscal fascists get their way, with the total transfer of Congressional powers (the few that still remain) to the Executive Branch and the total transfer of public funds into corporate (via government as intermediary) hands.

[...] we already now have in writing, formally as presented to Congress, the intentions of this administration to nullify Congressional powers permanently, to alter Judicial powers permanently, and to openly steal public funds using as blackmail the total collapse of the US economy if these powers are not handed over. You do see how this is blackmail, do you not? You do see how this is a manufactured crisis precisely designed to be used as blackmail, do you not?"

Alexandrovna points out that the Treasury’s bailout proposal to Congress would provide the Treasury Secretary the power to buy up any assets he sees fit, hire anyone he wants to do it, appoint private companies as financial deputies and write whatever regulations he thinks are needed.

Furthermore, she points out that the bill states:

Decisions by the Secretary pursuant to the authority of this Act are non-reviewable and committed to agency discretion, and may not be reviewed by any court of law or any administrative agency.

Alexandrovna is echoing the comments of historian John Steele Gordon who told reporters "It sounds like Paulson is asking to be a financial dictator, for a limited period of time." She is also repeating a stark warning provided by Frank Razzano, a former assistant chief trial attorney at the Securities and Exchange Commission now at Pepper Hamilton LLP in Washington, who stated that the Bush administration is seeking "dictatorial power unreviewable by the third branch of government, the courts, to try to resolve the crisis."

As we have also reported, the $700 billion bailout legislation would provide billions to foreign central banks in addition to private foreign banks.

The proposed move represents a total shift of U.S. taxpayers’ funds into the hands of powerful private interests, some of which do not even represent American companies.

Alexandrovna compares the current manufactured crisis to the now infamous "Business Plot" of 1933, a previous attempt at an outright coup in order to install fascism in America. This treasonous plot was so called because the high-level plotters, including Prescott Bush, the current president’s grandfather, were Wall Street men who openly supported fascism.

The coup attempt came to light one year later in 1934, when General Smedley Butler informed the Congress that a group of wealthy industrialists had attempted to get on side high ranking military figures in order to overthrow the government of President Franklin D. Roosevelt.

"It seems this time around, the Bush family is trying the more subtle approach to open bloodshed: first create a crisis, then under the guise of addressing that crisis, overthrow democracy. Yes, it does sound terribly conspiracy-theory-esque when explained just this way. But what else does one call a criminal conspiracy to destroy Congressional powers permanently, alter Judicial powers permanently, and steal public funds?" Alexandrovna writes.

In a passionate conclusion the writer demands that Impeachment be brought against those members of the government involved in the "New Business Plot". She then voices fears that failing this, people will have to take to the streets to prevent the usurpation of their freedoms and the total dissolution of America:

"You are no longer Republicans, Democrats, or any shade of voter. You do not live in a swing state or a solid colored state. You are simply this: an American. That is the only side that matters. So call your members of Congress and demand, no, declare that unless they do their duty to the Constitution and to us, we will move to the streets - not because we want to, but because our founding fathers demanded this duty of each and every citizen in the face of such a domestic enemy. Demand - as is your right - that this bill be voted against and demand - as is your right - that the people plotting this treachery be held to account. We are either a nation of laws or we are no longer a democracy. Pick a side, because there won’t be another time, another moment, another chance to be a patriot."

Despite pointing out concrete facts, urging readers to see through the false left/right paradigm and come together to do something about such an unprecedented power grab, a number of phony patriots and neo-con bloggers have poured scorn on Alexandrovna, accusing the writer of calling for an armed insurrection, expressing hope that the government is "monitoring such enticements" and threatening to report her to the "lawful authorities" in order that she be locked in a "nice, well-lit and cheery cell".

In a remarkable example of the Orwellian society that has continued to grow around us like a cancer, none of Alexandrovna’s detractors care to focus on the fascist treachery she describes but instead accuse her of being the traitor and the one that should be locked away.

Today finance ministers from the G7 countries roundly applauded the bailout proposal as Henry Paulson, the US Treasury Secretary called for other countries to follow America’s example.

"I’m going to be pressing our colleagues around the world to design similar programmes for their banks and institutions. Our system is a global one." Paulson stated.

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