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Tuesday, April 29, 2008
New Article of Impeachment : JPMorgan/Chase + Bear Stearns = BRIBERY
By glen owen @ 12:27 AM :: 735 Views :: 1 Comments ::
 

The ad runs tomorrow in Roll Call and I can hardly wait to see where they place it in that tabloid. Let's hope it gives those Dem House members pause over their cafeteria coffees and that maybe, just maybe, those 44 pro-impeachers bunch up and decide to do what we suggest. Maybe the Bear Stearns bit will bear fruit because nobody in Congress is complicit in that one and the doors are open now, thanks to Bush's bribe of our $$$ to JPMorgan/Chase. I thought they had about $800 billion in the kitty, but if the four failing investment banks (Wachovia, Washington Mutual, Merrill Lynch, Citigroup) can't get private loans, the precedent is set for Bush to bribe some needy bank to take them on and maybe wipe out what's in the kitty.
 I saw a couple of alarming pieces on the whole thing being an "insider job" that started 10 days before, aimed to make everyone involved rich off our money with millions going into that put date (March 17???) when Bear Stearns dropped to $2 per share. One outfit invested $100,000 in a put at that price and now has 50,000 shares which are probably worth something in the neighborhood of $15 per share. Who loses??? We taxpayers, those 2+ millions about to be homeless and a few hundred thousand jobs in the banking industry (hey, we should be able to get some of the disgruntled to tell all).

I'm designing a flier about Bear Stearns providing one article of impeachment ("bribery") we'll be shipping to all 44 of those House Dems.

Over and out for now. And thanks again, Glen, for setting up yet another pitch for impeachment now!

Comments
By glen owen @ Friday, May 09, 2008 3:35 PM
When asked at Blasting Impeachment at Blumenauer Thu May 8th, Barbara Ellis said that targetting "BRIBERY" was a reference to the provisions of the Federal Reserve Act of 1913 rather than to the body or amendments of America's constitution.

She added that this still does not make the Federal Reserve Act actually legal and valid since the process by which it was ostensibly "adopted" was incomplete and highly questionable.

~gn0me~

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