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This economy is Bushco's "October Surprise" attack everyone was afraid would happen.

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omega minimo Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Mar-03-09 08:28 PM
Original message
This economy is Bushco's "October Surprise" attack everyone was afraid would happen.
No need to declare martial law when the people are unemployed and/or forced out of their homes, losing their retirement and/or health care.

A smooth transition of power, while the people are scrambling for survival, to a President who will "look forward, not back."

A smooth transition for Bushco criminals into the talking head brigade, claiming that the W administration "inherited a recession."

Leadership in the Cabinet from the NAFTA/GATT/Telecomm administration.

Financial experts in the White House to fix the economic debacle they created in the private sector.

A defunct political party up to its trunk in quicksand, insisting on giving no ground.

Toxic greed transmogrified over three uninterrupted decades into a "house of credit cards" and toxic assets.

Strategeric Speaker with a gavel and votes and damaged credibility.

Imperial Presidency ready and waiting for whoever will step into the Invisible Robes.

Wishful liberal thinking that the Bush SCOTUS appointees who helped craft the Unitary Executive will vote to undo that power.

People who've forgotten about "gubmint cheese" arguing about whether schoolchildren should be fed or not.

"The Top 2%" as a new meme to argue over without really examining who and :wtf: that means.

A public finally hitting the wall of "people will care when it affects them" and too shellshocked to sort it out.

And the bright spot of sons and daughters returning in flag draped boxes being honored publically rather than disappeared.

And the reality of more casualties -- walking and otherwise -- of the illegal war trying to survive back home.

That brings tears to the eyes of one who protested the illegal and misguided war before it started, knowing that would be the cost.

A nation that obliterated the cradle of civilization and a gutted school system that no longer teaches what that meant.

The ultimate outcome of conspicuous consumption and conspicuous political corruption.

Surprise!
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Lint Head Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Mar-03-09 08:31 PM
Response to Original message
1. The futures market is being manipulated as we speak.
All they are doing is taking stocks to a low level by selling and making a killing as they go.
The only caveat is fraudsters like Madoff and Stanford that are doing their own thing.


This makes the rich richer and keeps Obama from doing anything.
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omega minimo Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Mar-03-09 08:34 PM
Response to Reply #1
2. Maybe be a new reality show: "Lifestyles of the Top 2%"
:thumbsdown:
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omega minimo Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Mar-04-09 01:05 AM
Response to Reply #2
14. .
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spanone Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Mar-03-09 08:55 PM
Response to Reply #1
6. with stock values so low, i don't think many are making a killing
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omega minimo Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Mar-03-09 09:07 PM
Response to Reply #6
9. perhaps with more of their bogus "it's so complicated you won't understand it" financial "products"?
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Deja Q Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Mar-03-09 08:39 PM
Response to Original message
3. Yet these "October Surprises" are meant for the Republican candidate to win.
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nichomachus Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Mar-04-09 12:13 PM
Response to Reply #3
18. Or . . .
realizing that a Republican couldn't win, to poison the well for a Democrat.

Someone needed to clean up the mess from the Reagan-Bush rampage. The idea is to let the Democrats do the hard work and then launch an all-out assault as if they caused it.

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SoCalDem Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Mar-03-09 08:43 PM
Response to Original message
4. bush had no love for mccain.. an october surprise would not have helped bush
He probably HOPED that the whole economic nightmare would wait until January, so that when it failed big-time, AFTER Obama was in office, the republicans could say that the market crashed because the country's not ready for a black president.....but enough people got worried and ended up crashing it BEFORE he left office, so it's all on HIM:rofl:
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omega minimo Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Mar-03-09 09:05 PM
Response to Reply #4
7. is it "all on him?" Doesn't seem like it.
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G_j Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Mar-03-09 08:51 PM
Response to Original message
5. good summary... nt
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omega minimo Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Mar-03-09 09:06 PM
Response to Reply #5
8. obliged -- nt
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Canuckistanian Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Mar-03-09 09:10 PM
Response to Original message
10. Yup, there was a time delay fuse on this bomb
Bushco damn well knew this was coming. Hell they had been warned a few YEARS ago this was coming.

Ever notice that that was the beginning of the "fundamentals of the economy are sound" meme started? John McCain even resurrected that line during his campaign.

But you're correct. They didn't get the timing just right.
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omega minimo Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Mar-03-09 09:16 PM
Response to Reply #10
11. hmmm good points, Canuckistan. Now that you mention it, I do remember W trying to
e-nun-ci-ate "fundamentals of the economy are sound." Thank fer the earworm :spray:


As for timing, my read b/w the lines of the OP is that Bushco had to to get out, the next admin -- and everyone else -- had to deal with the mess and the criminals hoped that no one would "look back."

I don't see the policies of Bush/Reaganism being examined much on the Hill, do you?
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Peace Patriot Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Mar-03-09 09:54 PM
Response to Original message
12. I call it the Bushwhacks' Financial 9/11, because that's what I think it was--
deliberate, planned destruction of the potentially most powerful progressive force on earth--the American people--and also the people who actually possess the sovereign power to curtail U.S.-based global corporate predators.

Their Financial "Pearl Harbor" parallels PNAC's desired "Pearl Harbor" needed to hijack our military for corporate resource wars. The first was the World Trade Center towers collapsing into their own footprint, watched by the uncomprehending masses on TV (including most of us, at the time), with the added fillip of a strangely unprotected capitol and Pentagon, also hit. The subsequent wars, including fabulously lucrative no-big contracts and hand-over-fist stealing, and multiple tax cuts for the rich, guaranteed a trillion dollar deficit (and counting). The second--their final assault--also based on Grover Norquist's traitorous intention to "drown" our government "in the bathtub"--involved suddenly bleeding all remaining government resources into the pockets of the uber-rich, at the last minute, so that the poor and middle class majority lay prostrate and cannot recover.

Oh, and there were two Election 9/11's detonating the war and financial "shock and awes": the Supreme Court Election 9/11 of year 2000, and the Diebold & brethren Election 9/11 of 2004. By the time we get to 2008, they don't need to bother any more. The 'TRADE SECRET' code voting system, fast-tracked all over the country, effectively destroyed our democracy's ability to change course in time.

That non-transparent, Bushwhack-corporate-controlled, EASILY riggable vote counting system is still in place. So, if we want to be able to claw our way out of the black hole they have thrown us into, want to keep Obama in office, and want to prevent installation of Hitler II in 2012 (which could be the plan), what we need to do, pronto, is restore transparent vote counting. This can still be done at the state/local level. Don't trust Congress to do it. They will fuck it up again, for sure, maybe even worse than before. It's up to us, to get to our local country registrars and state election officials, and demand vote counting that we can see.
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omega minimo Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Mar-03-09 10:11 PM
Response to Reply #12
13. Thank you Peace Patriot for another Must Read post.
Edited on Tue Mar-03-09 10:11 PM by omega minimo
:yourock:

in the shock and awe perped on US by Bushco you describe, I would insert the genocide in NOLA during Katrina "watched by the uncomprehending masses on TV (including most of us, at the time)."

We've watched the encroachment of a PTSD'd public since Reagan started Big Lying to the nation. :wow:
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leftstreet Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Mar-04-09 01:20 AM
Response to Reply #13
15. "a PTSD'd public"
I like that.

Well, I don't like the idea, but it's certainly apt.

:hi:
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omega minimo Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Mar-04-09 01:26 AM
Response to Reply #15
16. and the cause.....
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omega minimo Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Mar-04-09 10:38 AM
Response to Reply #15
17. and the cure....
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nichomachus Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Mar-04-09 12:15 PM
Response to Reply #12
19. Well, it was all predicted in Greg Palast's book
The Best Democracy Money Can Buy, which came out seven years ago. He told us this is what they were trying to do.
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omega minimo Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Mar-05-09 02:35 AM
Response to Reply #19
20. thank you nichomachus and thank you Greg Palast
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earth mom Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Mar-05-09 03:48 AM
Response to Original message
21. Yep-The Great Depression # 2 is * & Co's 9/11 part 2. No doubt in my mind.
Edited on Thu Mar-05-09 03:50 AM by earth mom
And * & Co made sure that Congress was complicit & that Obama would not want to bring the criminals to justice because it's too important to Obama to be able play the part of "Historical President #44" to the hilt.

Politics as usual, same shit, different day.

Meanwhile millions of people are losing everything they worked their entire lives for.

While at the same time, they and the rest of us have absolutely no idea if any of us will even have Social Security & Medicare in our old age to live on. :grr:
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omega minimo Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Mar-05-09 04:09 AM
Response to Reply #21
23. and those born into the first Great Depression among those losing their assets....
:thumbsdown:



well put earthmom
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ddeclue Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Mar-05-09 03:51 AM
Response to Original message
22. Not plausible as it's first real victim was BushCo itself...
These people weren't masterminds - they were bumbling fools.

The economic crisis is real - that it was an "October Surprise" on the Democrats is as far from reality as one can imagine. If anything this "October Surprise" surprised the Republican Party right out of power.

:rofl:
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omega minimo Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Mar-05-09 04:09 AM
Response to Reply #22
24. it's their cover, bud. sorry
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ddeclue Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Mar-05-09 04:18 AM
Response to Reply #24
25. we'll just have to agree to disagree then.. nt
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omega minimo Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Mar-05-09 04:36 AM
Response to Reply #25
26. you betcha
:thumbsup:
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omega minimo Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Mar-06-09 04:57 PM
Response to Original message
27. and NOW Repukes are trying to hang it on Obama? and get Dems to fight over that?
:wtf: :crazy:
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