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Obama's Secret Plan ....by Charles Hugh Smith

 
paladin
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04/22/2009 09:53 PM
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Obama's Secret Plan ....by Charles Hugh Smith
hey all I found this a great read.

also I read things off the main stream news sites of the G20 that took place...over at..STRATFOR
....paladin...




Obama's Secret Plan ....by Charles Hugh Smith

(snip)
Let's begin our speculation with a question: if a new President (of either party) wanted to destroy the political power of the investment banker cabal which currently holds sway over Treasury and Congress, what path would actually lead to success?


[link to www.oftwominds.com]
Gradient
Get over yourself

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04/22/2009 10:08 PM

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Re: Obama's Secret Plan ....by Charles Hugh Smith
hmm no replies...


Well, I read it.
coexistt


glptrainer(at)yahoo.com
paladin  (OP)

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04/22/2009 10:12 PM
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Re: Obama's Secret Plan ....by Charles Hugh Smith
I can not put my finger on it but there is some thing going on in the back ground..


where to place your money on this is what I look for..


as of late I am short the banks....ETF's
Anonymous Coward
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04/22/2009 10:22 PM
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Re: Obama's Secret Plan ....by Charles Hugh Smith
Good read. I think he's right and it is Obama's secret plan.
Anonymous Coward
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04/22/2009 10:24 PM
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Re: Obama's Secret Plan ....by Charles Hugh Smith
owhine

vrwc
Gradient
Get over yourself

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04/22/2009 10:24 PM

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Re: Obama's Secret Plan ....by Charles Hugh Smith
I can not put my finger on it but there is some thing going on in the back ground..


where to place your money on this is what I look for..


as of late I am short the banks....ETF's
 Quoting: paladin



Hmm I agree BUT I tend to think that the banks are a smoke screen. If I get REALLY carried away I can think that it is downright evil that is being planned right under our noses.
coexistt


glptrainer(at)yahoo.com
Anonymous Coward
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04/22/2009 10:40 PM
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Re: Obama's Secret Plan ....by Charles Hugh Smith
I certainly hope he's got a secret plan. The one speculated on in the article OP linked does fit with his community organizer past.
Zero Sum

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04/22/2009 10:50 PM
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Re: Obama's Secret Plan ....by Charles Hugh Smith
Is the article too long to post?

My server won't let me connect to that site. burnit
Deceive, Inveigle and Obfuscate
Anonymous Coward
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04/22/2009 10:55 PM
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Re: Obama's Secret Plan ....by Charles Hugh Smith
Is the article too long to post?

My server won't let me connect to that site. burnit
 Quoting: Zero Sum

Here ya go:


Obama's Secret Plan (April 22, 2009)


In which we speculate that perhaps Obama has a secret plan to discredit the investment banker cabal and thus undermine their vast political power and reach.

Many observers, partisans non-partisans alike, have been mystified by President Obama's continuation of the Bush/bankers/Treasury's "privatize bonuses, socialize risks" campaign of taxpayer-funded bank bailouts, phony slight-of-hand "transparency" and political support for blatantly bogus accounting of banks' profits, assets and losses.

The failure of the Obama administration to pursue real regulatory "change" (such as actually enforcing regulations that are already on the books instead of throwing bankers new squeeze toys like "relaxed" mark-to-fantasy accounting) has moved many from mystification to outrage.

Where's the "change" in this continuation of Bush/bailout policies? What is the rationale of a supposedly "progressive" president in filling his financial administration with "investment banker Borgs"?

Let's begin our speculation with a question: if a new President (of either party) wanted to destroy the political power of the investment banker cabal which currently holds sway over Treasury and Congress, what path would actually lead to success?

Does anyone seriously believe that a new President could dent the vast political power of the Financial Aristocracy with a Jimmy Stewart-like speech excoriating the bankers and their minions for gutting the U.S. economy? The chances of that having any effect are zero.

How about tightening regulations? And what happens when lapdogs in Congress quickly rush to gut the regulations or the regulatory forces supposedly empowered to enforce them? If you doubt the power of bankers, please look at what has happened to attempts to limit the most egregious excesses of credit card usury and outrageous junk fees: they're thwarted or watered down every time.

Does anyone seriously believe an obstructionist opposition which supported Bush's giveaways and staggering deficits for eight long years has any credibility? The moment to do something about deficits was 2003, and the moment to vote down bailouts was last Fall (hmm, now there's an appropriate season) when the TARP debacle was shoved down the nation's throat by the Financial Aristocracy.

Does anyone seriously believe the Democrats who cheerily absorbed millions in donations from scalawags and crooks in Fannie Mae, Goldman Sachs et al. while obstructing regulations which might have limited the damage have a lick of credibility? To be a partisan in this age is to be either blind or brainwashed.

So let's face it: any President who sought to destroy the political power of the Investment Banker Aristocracy in a frontal assault would be defeated if not destroyed. Any president of either party who dares even mess around the edges of the real power structure gets "the treatment."

Is there any strategy would might actually work? How about "give them enough rope to hang themselves"? President Dwight Eisenhower has long been dismissed as a do-nothing who "got lucky" in his two terms. Perhaps--but he was also a canny politico who didn't say much because he preferred to give his opponents plenty of stout rope. And sure enough, most of the time they promptly hanged themselves with their own excesses.

If you set out to completely discredit the bankers and eviscerate their political power, you'd proceed exactly as Obama has done, enabling it to reach its reductio ad absurdum conclusion of fat bonuses and tax-funded bailouts in the trillions of dollars, at which point the public will rise up in fury, doing the work which was impossible for you, a new "liberal" president.

Imagine the uproar had Obama sought to send the bankers straight into deserved bankrupty and eliminated their looting; he would have been thwarted and second-guessed at every turn by politcos, pundits and the ultra-wealthy Aristocracy whose perks and privileges were threatened, not to mention a Republican Party spoiling to be spoilers.

What better way to discredit the bankers than to give them plenty of rope to complete their tarnished, fraudulent "plan to save Capitalism from itself"? How can they complain when their own bankrupt policies have been supported?

What better way to trigger "change" that even the banking Aristocracy are powerless to stop than to give them everything they want: no restrictions on stupendous bonuses, no punishment or prosecution, no mark-to-market rules with actual bite, no limits on accounting legerdemain, and on and on and on?

You want the sharks to gather? Then keep chumming the water with banker-designed policies; hey, even denounce the tax rebellion movement as "off base." Make like you're doing the banker/Plutocracy's bidding in every possible way. And what will be the result?

A complete repudiation of the entire Bush/Treasury/banker bailout and "free pass" to further plundering. And when the public rises up in righteous fury, then you appear to bend, almost reluctantly, to "the public will."

If you set out to gut the political power of the banker/financial Plutocracy which holds Congress on a tight leash, this is the only way to do so: goad the public to rise up with such fury that they cannot be denied, lest every politico who seeks to protect the status quo be swept aside in the next election, regardless of party, age, religion or any other bastion of "voter support" they were counting on to save their bacon from an aroused public's righteous wrath.

If Obama had refused to support the bailout, the screams that he was "destroying the foundation of the U.S. economy and our way of life" would have been ceaseless and deafening, for a stunned and stupefied public had failed to process what was actually happening beneath the MSM propaganda about "saving the banking system to save the nation."

Obama can now say, "I did everything you wanted." Is it a carefully craft Secret Plan or merely the fumbling results of a status quo politico? Either way, it's brilliant because it's the only possible pathway to a future not dominated by trickery, fraud, collusion, obscurity, propaganda and the looting of what's left of the U.S. Treasury and economy.

Can abject, impoverished debt-serfs distracted by hundreds of channels of idiotbox TV, iPods, American Idle, oops, I mean Idol (now there's a Master's Thesis topic for ya), "professional sports" (a.k.a. gladiators and circuses) and all the other avenues of marketing which are sold as "entertainment" rather than what they really are, propaganda and distraction-- can a nation of debt-serfs actually awaken from their "entertainment" stupor long enough to register outrage at the looting of their nation and liberties by a small Plutocracy?

We shall see. If the looting which is finally sinking through the endless layers of propaganda doesn't spark a bloodless revolution demanding real change in who actually runs the nation's policies, money and regulatory structures, then nothing will.

Is there even a shred of evidence that Obama might have thought this out one layer deeper than 99.999% of the bankers, critics, pundits and opponents? perhaps one: Paul Volker. Volker--remember him? Where has he been? Trussed up and gagged in some Treasury basement? He'd slipped from the media radar until very recently, when he somehow escaped from the duct tape and Treasury guards and had the audacity to stand up and call inflation targets pure theft.

Whew. Was that a breath of fresh air or what? I see two possibilities: either Obama really is just another standard-issue tool of the Financial Plutocracy, and Volker resigns in disgust within a year to protect what's left of his once-sterling reputation, or Obama is giving the Banking Plutocracy all the rope it needs to hang itself. In that case Volker is the "Trojan Horse" in the system, the one who will emerge after the extremes have finally goaded the public to an anger which cannot be diverted by propaganda and "entertainments."

So watch Volker. If he resigns, then Obama truly believed the absurdity that bailing out the bankers and enabling their continued looting of the nation is "the fix we need." If Volker stays, even in the shadows, there may be more intelligence afoot in our leadership than has yet been revealed.
Anonymous Coward
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04/22/2009 11:02 PM
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Re: Obama's Secret Plan ....by Charles Hugh Smith
Well, that would be the ultimate rope-a-dope, but I'm pretty sure that it is more creative writing than reality, unless, of course, he has been planning this for his entire life.
Anonymous Coward
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04/22/2009 11:07 PM
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Re: Obama's Secret Plan ....by Charles Hugh Smith
Good read. I think he's right and it is Obama's secret plan.
 Quoting: Anonymous Coward 658129


possibly, but highly doubtful.
paranoid eyes
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04/22/2009 11:11 PM
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Re: Obama's Secret Plan ....by Charles Hugh Smith
tim giethner (sic) was brought in to cover up the ponzi scheme perpetrated by the banks and senator phil graham who by the way was john mcains economic guy.
Anonymous Coward
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04/22/2009 11:16 PM
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Re: Obama's Secret Plan ....by Charles Hugh Smith
tim giethner (sic) was brought in to cover up the ponzi scheme perpetrated by the banks and senator phil graham who by the way was john mcains economic guy.
 Quoting: paranoid eyes 662488


Tim is under control of Larry Summers.
The Monk
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04/22/2009 11:20 PM
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Re: Obama's Secret Plan ....by Charles Hugh Smith
hey all I found this a great read.

also I read things off the main stream news sites of the G20 that took place...over at..STRATFOR
....paladin...




Obama's Secret Plan ....by Charles Hugh Smith

(snip)
Let's begin our speculation with a question: if a new President (of either party) wanted to destroy the political power of the investment banker cabal which currently holds sway over Treasury and Congress, what path would actually lead to success?


[link to www.oftwominds.com]
 Quoting: paladin


Obama is owned. Period.
paladin  (OP)

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04/22/2009 11:22 PM
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Re: Obama's Secret Plan ....by Charles Hugh Smith
have you all read from Jim Sinclair..

[link to jsmineset.com]
Zero Sum

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04/22/2009 11:22 PM
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Re: Obama's Secret Plan ....by Charles Hugh Smith
Thank you, OP. hf


We, the people, are certainly long overdue for a pleasant surprise.

I have mostly given up hope so it would be a surprise,indeed.
Deceive, Inveigle and Obfuscate
KindaGamey

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04/22/2009 11:29 PM
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Re: Obama's Secret Plan ....by Charles Hugh Smith
I thought something very similar before reading this article.
Couldn't have articulated it nearly as well.

ohgodno

Last Edited by KindaGamey on 04/22/2009 11:30 PM
This post pending review.
[link to kindagamey.com]
AsperGirl

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04/24/2009 11:41 AM
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Re: Obama's Secret Plan ....by Charles Hugh Smith
Thanks, OP. You have the instincts of an investigative analyst.
paladin  (OP)

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05/08/2009 04:14 PM
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Re: Obama's Secret Plan ....by Charles Hugh Smith
Clusterfuck Nation by Jim Kunstler


The Joker

[link to jameshowardkunstler.typepad.com]



as we rethink about....Obama's Secret Plan
Anonymous Coward
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05/08/2009 04:24 PM
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Re: Obama's Secret Plan ....by Charles Hugh Smith
Whatever he is doing. It is not good and it is not in our best interest.
Anonymous Coward
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05/08/2009 04:34 PM
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Re: Obama's Secret Plan ....by Charles Hugh Smith
The plan is simply to collapse the USA as a force in world geo-politics to enable the UN led NWO one world communism.
Eagle # 1
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05/08/2009 04:39 PM
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Re: Obama's Secret Plan ....by Charles Hugh Smith
Sounds like a crack dream from one of the Acorn thugs.

Let's say it's true.

Now that the people for two more GENERATIONS are COMPLETLY OWNED by the Jew Banksters, THEN we 'close the barn door' ; and , all is WELL ? For the banksters, YES ! For the new DEBT SERFS, NO !!!

Oh, yes ! Then you vote out the old crooks, and vote IN a NEW SET, that will soon ALSO be controled by the banksters!

BUT, your STILL DEBT SERFS, along with your children and grandchildren .

And THAT will be the final chapters, as America slides into third world fedualism, with the Obunmers million man/boy army of 'brown shirts' to keep a VERY tight rein on dissent.

Eagle
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05/08/2009 04:47 PM
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Re: Obama's Secret Plan ....by Charles Hugh Smith
NEar the end of the election race, Obama let out one single comment that I heard that lead me to believe that most of his platform he ran on he wanted to put into place, but also that he had some plan to achieve some of his goals that he wouldn't tell the public at the time because to do so would have cost him the election.

a few weeks ago, I got the feeling that obama was trying to get the people to start an uprising. I just wanted to call him up and tell me what he wanted the people to uprise about and that I'd start it.

I don't know if the author is right or not, but Obama has some well thought out plans that he plans to carry out that predate his presidency.
bill shitters

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05/08/2009 04:47 PM
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Re: Obama's Secret Plan ....by Charles Hugh Smith
i have a feeling where this gos but not what will replace it

the politicians are like the sirens of old making the right noises to please man but driving him to his doom on the rocks
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Anonymous Coward
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Re: Obama's Secret Plan ....by Charles Hugh Smith
bump





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