September 21st, 2008

The Laws of Wickedness and America’s Demise


photo credit: capturedbythelight

For the past several decades, America has been dying a slow death. Certain pieces of legislation, offensive military engagements, and financial policies have put one nail after another into the coffin. This week, Americans witnessed one of the final nails being put in place, though few understood the gravity of the situation.

America was once a nation governed by the rule of law. The Constitution—a written document serving to bind down those who aspire to power and wealth—was established to provide a moral framework of Republican law. Despite its early success and worldwide popularity, it was not long before evil Mahanites sought out ways to circumvent the law.

The Book of Mormon reveals the aims and methods of these people, whose successors have carried on the works of darkness in our own day:

And whosoever of those who belonged to their band should reveal unto the world of their wickedness and their abominations, should be tried, not according to the laws of their country, but according to the laws of their wickedness, which had been given by Gadianton and Kishkumen.

Condemning the righteous because of their righteousness; letting the guilty and the wicked go unpunished because of their money; and moreover to be held in office at the head of government, to rule and do according to their wills, that they might get gain and glory of the world, and, moreover, that they might the more easily commit adultery, and steal, and kill, and do according to their own wills… (Helaman 6:24, 7:5; emphasis added)

The federal government has in the past few days nationalized several major institutions in the key financial industries, proclaiming itself arbiter of what companies should and should not fail. Absent from the discussion, as always, is a declaration of their authority. No, since such scenarios are overseen by the unconstitutional Federal Reserve (a private banking company with no Congressional oversight or audits, ever), unelected men act according to their own “laws (of wickedness)” and “rule and do according to their wills.”

Despite America’s death knell this week, there is a silver lining in the dark, abysmal cloud:

The FED’s action [of bailing out AIG] amounts to the $85 billion purchase of a private company, on behalf of the federal government, using public funds — without political accountability of any kind. Outrageous as it is, this action may have the healthy, if thoroughly unintended, consequence of illustrating just who actually runs our political system and economy.

In light of such a bold power grab on the part of these unelected money-loving men, those who have been commanded to awake to such atrocities have been given another chance, one that is literally smacking them in the face (by being felt in their wallet). One might hope that more people will wake up to what’s going on. It would then be more widely known that there are evil men in (elected and unelected) office substituting their own will for the will of the people and the rule of law.

Consider the proposed bill that would allow one man, the Secretary of the Treasury, to become financial emperor of the United States. The following are a few select portions which deserve public scrutiny:

Section 2(b)
Necessary Actions.–The Secretary is authorized to take such actions as the Secretary deems necessary to carry out the authorities in this Act, including, without limitation:

Should this bill pass, the Secretary would have the unfettered authority to institute his will in the marketplace, however he pleases. Without limitation implies just that—that the provisions that follow are not all-inclusive nor definitive, but that based on his own judgment the Secretary may act in other ways without restraint. Paulson, being the CEO-on-leave of Goldman Sachs, could buy up their bad debt at a heavily discounted rate, or sell to them certain assets at a steal. The sky’s the limit!

Section 2(b)(3)
designating financial institutions as financial agents of the Government, and they shall perform all such reasonable duties related to this Act as financial agents of the Government as may be required of them;

The Secretary here grants himself the unrestrained ability to nationalize companies and deputize them, designating them “financial agents of the federal government”. Who ever heard of such a thing?

Section 5(c)
Sale of Mortgage-Related Assets.–The Secretary may, at any time, upon terms and conditions and at prices determined by the Secretary, sell, or enter into securities loans, repurchase transactions or other financial transactions in regard to, any mortgage-related asset purchased under this Act.

This authority to fix prices and arbitrarily determine the numbers is, no doubt, a power lusted after by Gadiantons seeking to steal and get gain. Ayn Rand’s most depraved antagonists would surely be jealous.

Section 6
The Secretary’s authority to purchase mortgage-related assets under this Act shall be limited to $700,000,000,000 outstanding at any one time.

This provision gives one unelected individual a $700 billion credit card with which he can purchase whatever industry or company he sees fit, at his sole discretion. Some are erroneously reporting that this will would add $700 billion to the national debt, and that is wrong. This is not a one time expense, but a line of credit, allowing the Secretary to continually make purchases so long as the total amount does not exceed the defined limit.

Section 8
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.

So much for the separation of powers. So much for the rule of law.

This is what the laws of wickedness look like, ladies and gentleman. This is what happens when evil, unelected men are handed control of the nation’s money supply and interest rates. This is what happens when the Gadiantons control government and impose their fiendish will on their subjects.

This bill and recent bailouts by the federal government (and its puppeteer, the Federal Reserve) have driven one of the last nails into the coffin that holds America’s decomposed remnants. Soon its fate will be sealed with the final strike of the hammer, and it will be time to inter her remains into the Earth, there to join the two other civilizations that fell prey to the same works of darkness.

We cannot say that we were not warned.

40 Responses to “The Laws of Wickedness and America’s Demise”

  1. Gabriel
    September 21, 2008 at 2:19 pm #

    Amen Conner!

    Sound government is based in part on the following principle:

    25 Therefore, choose you by the voice of this people, judges, that ye may be judged according to the laws which have been given you by our fathers, which are correct, and which were given them by the hand of the Lord.

    Mosiah 29:25

    As you said, we are no long judged according to the law. Instead we have people creating their own laws and despising the Constitution. As verse 25 says, sound government is based on the voice of the people. The economy of the United States is now dictated by an unelected official.

    26 Now it is not common that the voice of the people desireth anything contrary to that which is right; but it is common for the lesser part of the people to desire that which is not right; therefore this shall ye observe and make it your law—to do your business by the voice of the people.
    27 And if the time comes that the voice of the people doth choose iniquity, then is the time that the judgments of God will come upon you; yea, then is the time he will visit you with great destruction even as he has hitherto visited this land.

    Mosiah 29:26-27

    I hope the consequences of departing from sound government, as dictated by the Lord do not come to pass.

  2. Connor
    September 21, 2008 at 4:31 pm #

    I should also add that a distinguishing characteristic of the Mahanites is that they strive to avoid consequences for their actions. Killing and stealing to get gain—without being punished by the law—is the name of their game.

    Thus, it becomes increasingly easy to identify their modern counterparts when asking cui bono (who benefits). The wealthy banking elite are simply protecting their own right now, helping failing companies to avoid the consequences of their immoral actions and poor choices.

    [Those] who have ears to hear can understand what the secret combination is and can identify those who build it up. (Bruce R. McConkie, via Quoty)

  3. Kelly W.
    September 21, 2008 at 5:00 pm #

    Connor sees it as the final nail. I see it as the final thread that is holding the Constitution.

    Seriously, there’s not much more holding the Constitution up, and most Mormons are unaware.

    I was teaching S. S. today, and I was likening the prophecies of Samuel to our day today. Samuel told the Nephites their riches were cursed and had become “slippery.” I told them the same was happening to us today as our economy was disintegrating before our very eyes. But many were unaware of the problems, and one even stated that our economy was very strong, and we live in a very wealthy time.

    Like I said, most Mormons are unaware of the fragile nature of our Constitution and economy right now.

  4. Marc
    September 22, 2008 at 9:34 am #

    Connor, you hit the nail on the head. We covered Helaman chapter 6 in SS yesterday. I spoke of what you have said here and the teacher just gave a blank stare and went on. The class was clueless. Oh my, what a sad state we are in.

    Connor, if i could just clone your brain about a 100 million times and spread you equally over the nation we could save this wreck. Keep on fighting the good fight, you are on the right track!

  5. Reach Upward
    September 22, 2008 at 9:43 am #

    I love how this plan is so easily sold to us as a way to save the economy. Most Americans actually buy this sales pitch.

  6. Jason
    September 22, 2008 at 12:09 pm #

    Amen, amen and amen.

  7. David
    September 22, 2008 at 2:59 pm #

    Kelly,

    I was sitting in SS yesterday and someone talked about how the riches becoming slippery in BOM times was potentially a way for the people to turn back to God. This was said in a a way that implied that we were lucky today that our riches are not slippery. I leaned over to my wife and told her that this week was proof that our riches were very slippery (and all this was before I heard about Mr. Poulson’s $700 Billion gift-card).

    Gabriel,

    I would expect your hope to be vain if you hope that God will not do as He says. (I know, you are simply hoping that we still have time to reverse course.)

  8. Connor
    September 22, 2008 at 3:18 pm #

    Here’s a related article from HuffPo that sounds off on the Section 8 disaster.

  9. Connnor
    September 22, 2008 at 11:17 pm #

    And this week’s cover of Newsweek is oh-so-fitting.

  10. ajax
    September 23, 2008 at 11:55 am #

    Brilliant Connor…..The more and more I think about it, the more I have come to the conclusion that the Central Bank is the great evil of our time. Through it’s continually devaluing of the dollar, it makes it more and more difficult to raise a family. It finances wars, finances debt, causes the boom and bust cycles. It is an evil to be deplored and fought against. It has been an issue of debate since the founding between the Hamiltonians and Jeffersonians. The Hamiltonians won in 1913 and the results are disasterous.

  11. Josh Williams
    September 23, 2008 at 10:08 pm #

    Thanks again, Connor.

    I’ve taken the opportunity to write a couple of paragraphs to my respective senators and reps. about this issue. To your readers, here are some quick links, btw:

    Email Sen. Orrin Hatch

    Email Sen. Bob Bennett

    Email Rep. Jim Matheson

    Contact rep. Chris Cannon

    Email Rep. Rob Bishop

    I have also signed a number of online petions against such a measure, including This one, and This one.

  12. Josh Williams
    September 23, 2008 at 10:29 pm #

    Also, just to put things into perspective, let me do a little number crunching.

    The current population of the US is approximately 304,700,000 persons (rounding to the nearest significant digit). Therfore, If the congress allows the Fed the proposed credit limit of

    $700,000,000,000,

    that works out to be about

    $2,297

    for every resident of the US!

    In other words, without your consent the fed will be offering more that 2,000 of your future taxable earnings as *collateral*- in case some of these bad “liquid assets” fail.

    Note that The current amount of national debt, *per Capita* is approximately
    $32,100 ,
    for every single US citizen.

    (As most of you ought to be aware, the majority of the national debt is currently owned by foreign companies and governments, particularly China, Russia, Japan, the EU, and members of OPEC. This makes a serious problem that much scarier.)

  13. Connor
    September 24, 2008 at 9:39 am #

    As usual, John Stewart does a great job at summarizing the issue. Enjoy.

  14. mark
    September 24, 2008 at 12:26 pm #

    Hey Connor. Have you ever heard of the Danites? I didnt think so.
    It seems like every post you make is nothing short of doom and gloom. This nation has rolled with the punches and the day will come when “crisis of the day” is nothing but a dim memory. If I were you I would withdraw all of my money from the bank and put it under the mattress. Oh, and load up on guns and amo too.

  15. Marc
    September 24, 2008 at 12:44 pm #

    Yeah Connor, why cant you be more like Mark from #15 and preach that “all is well in Zion”? Why do you have to be so much like Nephi the son of Helaman and testify of the peoples sins and the gadiantons that are amongst us that we unwittingly support? Why cant you be more like King Noah who got upset when told by Abinadi that his nation would be destroyed, or more like the people in Zarahemala that believed their main city was impregnable? Why do you have to be so gloom and doom? When will you be more upbeat and tell stories of little bunny rabbits and fuzzy teddy bears? Dont you know that Satan is dead and all is well?? Wake up and smell the prosperity for cryin out loud!

  16. Mark N
    September 25, 2008 at 12:14 am #

    What in the world do the Danites have to do with this discussion?

    Holy cow.

  17. Clumpy
    September 25, 2008 at 8:06 am #

    Hey – Mark’s a real American! He just keeps on trustin’ authority, bless his heart. Anyone who objects to the equivalent of another quarter of the annual federal budget being placed into one man’s hands for socialist purposes is just a whiner.

    I don’t think President Bush gets another State of the Union address, but here’s what I think he would say:

    “My fellow Americans, the corporate bailouts have been a success. Both parties, by their general inaction, have come together and united the country. Republicans agreed to massive, unprecedented government control over the private sector, and Democrats agrees to do it in the stupidest way possible.

    But America still has some money left. So I propose a missile. A big missile, the size of the moon. Building that should dry up our dinero nicely. I am absolutely, unwaveringly dedicated to proving that I’m totally stupid before I leave office. Remember, keep believing that illegal immigrants are the ones who will steal your money.”

  18. Marc
    September 25, 2008 at 8:55 am #

    Clumpy, Bush is not an idiot about this (well he is a duped idiot in a sense) This financial failure/crisis is part of an agenda to move the country towards North American integration IE NAU. It is part of a consolidation of power move. The real idiots here are the American people who dont see whats happening and are asleep to the treachery. The end game is the new world order and this crisis is a strategic chess piece move in that direction.

    The next thing to likely happen is another 911 style attack (staged of course) the complete failure of the ecomomy and then the push towards North American integration and a new currency.

    Bush is just doing what he is told by his scheming handlers.

  19. Clumpy
    September 25, 2008 at 9:47 am #

    I agree with you on the “duped idiot” thing, though I don’t think a terrorist attack will be necessary for the complete corporate crony takeover of America. The plans are the secret part, but for the last year or so the administration has been doing most of its darkest stuff in public.

  20. Kelly W.
    September 25, 2008 at 2:49 pm #

    “The plans are the secret part, but for the last year or so the administration has been doing most of its darkest stuff in public.”

    It has been longer than a year. I remind you of the passage of the original PATRIOT act. This piece of 800+ pages of legislation passed almost unanimously within 5 weeks of 9/11. No Congressperson had a chance to read it. (Nor could anyone humanly even read 800+ pages within the evening before they were required to vote upon it). So, where did these 800+ pages even come from? Who wrote it? Logic tells you these 800+ pages were sitting in some secret file months or years before 9/11, waiting for just the right moment to foist it upon us. This is an example of what the “Shadow Government” does behind the scenes.

    I suspect that if you tried to find out who wrote this piece of legislation on the $700 billion CEO bailout, you’d find complete secrecy behind the authorship. Then, they are using the scare tactics similar to the original 9-11/Patriot Act scenario to hype up propaganda to get us to pass another pre-written piece of legislation that in the end is only going to strengthen government’s authority over our rights (which are fast becoming a thing of the past).

  21. Kelly W.
    September 25, 2008 at 6:17 pm #

    Aha! In reading the day’s headlines on Informationclearinghouse.info, I ran across the White House Press Secretary saying the current bailout plan was written months ago! Here’s the link:

    http://www.rollcall.com/news/28599-1.html?type=printer_friendly

  22. mark
    September 26, 2008 at 7:35 am #

    You lads of the snowboard generation have had it way too easy. Your mamas sent you to college with an unlimited VISA card. Life is dangerous. After eating filet mignon all your lives it’s hard to eat ramen noodles once in awhile. Every once in awhile you are going to have to get by with last years snowboard instead of buying a new one.

  23. Marc
    September 26, 2008 at 8:06 am #

    Kelly, theres nothing in that release that says it was written months ago. What gives?

  24. Kelly W.
    September 26, 2008 at 8:27 am #

    Marc, since you didn’t read the article closely enough to find it, I will copy and paste it for you:

    Fratto insisted that the plan was not slapped together and had been drawn up as a contingency over previous months and weeks by administration officials. He acknowledged lawmakers were getting only days to peruse it, but he said this should be enough.

  25. Marc
    September 26, 2008 at 8:56 am #

    Oh Duh, yeah i went back and found it. Sure enough, your right. Nothing happens by accident in politics as they say!

  26. Jeff T.
    September 26, 2008 at 9:42 am #

    Mark,

    I’ve never had a snowboard.

  27. Connor
    September 26, 2008 at 9:44 am #

    Mark,

    My parents never gave me a credit card, let alone one with an unlimited credit line.

    (And I’ve never owned a snowboard, either.)

  28. Jeff T.
    September 26, 2008 at 9:57 am #

    Mark,

    Also, what is filet mignon? I’ve grown up on Ramen, so I don’t even know what that is…

  29. Clumpy
    September 26, 2008 at 11:28 am #

    Wanting to make things better is evidence of shallow superficiality. You’re right, Mark – I should just accept whatever the government does and quit bitching.

    And shut up about the snowboard generation, already! I’ve never snowboarded, but I’d rather be a member of that generation than one of the oafish tools that make up whatever group you identify with. You’re a troll and a boring one at that. Address our arguments instead of copying and pasting from your last comment.

  30. mark
    September 26, 2008 at 6:53 pm #

    OK Clumpy. Perhaps I should have referred to you as the “I-phone generation.” The fact remains, all of the hand wringing you are doing wont accomplish a thing. Going through life as an “angry white punk” is not going to get you very far.

  31. Jeff T.
    September 26, 2008 at 9:52 pm #

    Mark,

    Clearly you are trying to assert your superiority. Fyi, it’s having the opposite effect.

    I know Clumpy, and he is last thing in the world from an “angry white punk.” Please don’t insult him. Argue with reason, not insult. We are the ones providing rational arguments, you are the one hurling insults. That makes our arguments the rational ones, and yours the insulting ones. It isn’t that hard to discern.

  32. Bill
    September 28, 2008 at 8:53 pm #

    During the Constitutional Convention, Alexander Hamilton (regarding the slavery issue) stated,”Nations cannot be punished in the next world for their sins, so they must be punished in this one.” I’m not sure if that lines up with LDS doctrine. But I believe it makes sense.

    I want to take a look back (IMHO) at the milestones of US history that got us here: — For Mark, who thinks that we are all just doom and gloom.

    I’ve been told by several individuals that the take over by the Gadiantons really had their beginnings in the early 1800s. I was unable to get much of an explanation of this. Maybe someone in this group could tell me more.

    Persecution of the fledgling LDS Church (1830s-1840s)

    Compulsory Public Schools (1850s)

    The Civil War (1860s)

    Teddy Roosevelt (1890s-1900s)

    The Federal Reserve (1913) among other atrocities by Woodrow Wilson including WWI (1910s)

    Prohibition (1920s)

    The New Deal (1930s)

    WWII (1940s)

    Consumerism (1950s)

    Sex, drugs, communism, vietnam, the civil rights movement, Prayer and Bible reading in schools and in government institutions is considered unconstitutional. Medicaid (1960s)

    MPAA ratings system, and the downright immiturity of the decade, Roe v. Wade (1970s)

    Sex is considered free by mainstream, not just hippies.
    Reaganomics, Sex education is mainstream. The 10 commandments is prohibited from being read or displayed in public schools (1980s).

    Fall of communism, Bill Clinton, Yemen, 1st WTC bombing, Cosovo, environmentalism takes off like a plague (1990s)

    2nd WTC bombing, war on terror, Wall Street Bailout (yes, I’m predicting it will pass). Environmentalism still trumps economics. (2000s).

    I need to interject two asides here:

    1) Not all of these things were bad. But they were part of an overall pattern that contributed to bad things.

    2) This is in no way a complete list, so don’t start making additions just to be complete. But I would appreciate any info on the 1870s and 1880s.

    The pattern I noticed was that ever since the Church was firmly on its legs, there has been a tendency away from attacking things to the desire to tug at heart strings to get the public to go along with it.

    Each time, there was major public disapproval (last I heard only about 7% of the public approves of this bailout). And each time, it was crammed down our throats anyway — often at the point of a gun.

    Each time, it caused major problems for this country.

    I thought this government was established to let the “voice of the people” rule.

    Now, I’ve already taken a lot of space. But looking at my list, can you see why I began this post with the Hamilton quote?

    BTW, Connor–Say hi to Jim Ure.

  33. Marc
    September 29, 2008 at 7:52 am #

    We covered Heleman 13 is SS yesterday. What a timely parallel. The chapter is about Samuel coming among the nephites and warning them concerning thier wickedness and that thier riches would slip away. We see the same thing with the financial crisis that threatens to destroys everyone’s riches. Seeing that our riches are slipping away, what does that tell you about the wickedness of our nation?

    Hel 13:31And behold, the time cometh that he curseth your riches, that they become slippery, that ye cannot hold them; and in the days of your poverty ye cannot retain them.

  34. Jonathan
    October 5, 2008 at 9:39 pm #

    I appreciate the foregoing analysis about the problem being linked to a secret combination, but what of a solution, short of watching our financial system crumble? The controls implemented (the creation of the Fed, and now Bailout of the banks) are not necessarily bad in themselves, because they offer stability to an imperfect economic system. I’d like to think that we can find a solution other than watching with impunity the continued erosion of our retirement accounts, housing values and personal net worth. Any suggestions?

  35. vontrapp
    October 7, 2008 at 3:54 pm #

    Jonathan, I suggest we do just let it all play out. You of course can do anything you want to secure your own wealth, but ‘we’ (or the mighty government) need not do anything. You have your house, it is worth what it is worth. Nothing can change that, short of physical damage to the house. That’s not to say you will be able to sell it for what it’s worth at any given time. However, if you do not panic, and do not feel the urgent need to sell it under value, you need not worry. Eventually someone will offer a fair price for it, and you can’t really ask for more than a fair price. As for retirement accounts, that one is trickier, because they *can* lose value, but might I propose that this bailout that is now ‘law’ (if one can call it that with a straight face) will only ensure that your retirement accounts will be worth even less, even faster. Might I suggest transferring your retirement funds into some form of securities.

    Sorry for the long reply to what might have been a rhetorical question. It really gets my goat when people say, ‘but what _should_ we do?” My answer is always, “Whatever you want, so long as it doesn’t involve coercing others to allay your own fears (or to advance your own agenda).”

  36. John Wallace
    October 11, 2008 at 6:12 am #

    THE SECOND AMERICAN REVOLUTION IS ON THE HORIZON

    The words “No Taxation without Representation” began as a slogan in the period 1763-1776 just before the first American Revolution. The slogan summarized the primary grievance of the American colonists in the Thirteen Colonies who believed the lack of representation in the British Parliament was an illegal denial of their rights as English citizens. The colonists believed that the laws excessively taxing them for services they did not receive were illegal.

    It has become apparent to most Americans that both houses of our Congress, just like the British Parliament of the 1760’s and 1770’s, no longer represents the interests of the American people. Our congress routinely passes legislation that benefits a wide variety of special interest groups at the expense of the average American citizen and taxpayer. Through the use of special interest bribes (I mean campaign contributions), it can now be said that America has the best congress that money can buy.

    American taxpayers are seeing their taxes go up at every level of government, oftentimes for services and programs that they do not benefit from, nor approve of. Our local and school taxes are rising at a rate far exceeding any increases in our incomes. The U.S. congress and the Federal Reserve are printing fiat money (backed by nothing) as fast as the printing presses can print it and the American taxpayers are starting to get angry about the increasing burden of taxation placed upon them and they have every right to be angry.

    The American taxpayers who live up to their responsibilities and who work hard (often holding two jobs) to pay their bills with less take-home money are:

    1. paying for ongoing failed social engineering experiments in housing and education,
    2. paying for the funding of anti-American, socialist organizations like LaRaza and ACORN,
    3. paying for a variety of services provided to 15 million +/- illegal aliens,
    4. paying for the bailout of large international banks,
    5. paying for the bailout of Wall Street firms,
    6. paying for the bailout of real estate investors and
    7. paying for the bailout of people who are unable or unwilling to be responsible adults and who fail to pay their own bills, including their mortgages.

    Many American citizens, particularly those who pay taxes, are frustrated by a government that no longer represents them, but rather represents the interests of an oligarchy of about one thousand political and financial elites who exert unconstitutional and illegal control over our government and economy for their personal gain.

    The members of this oligarchy are not loyal Americans who have the best interests of the county in mind, but rather they are people who benefit financially or politically by keeping our country in a constant state of war, by dumbing down our education system, by devaluating our currency, by separating us into categories by race and ethnic origin, by drugging 6 million of children with mind altering drugs, by flooding our country with illegal aliens, and by chipping away at our nation’s sovereignty, freedoms and liberties.

    I believe that Americans are fast approaching a point of frustration and anger with their own government similar to what the American colonists reached in 1776. They want to take their country and government back from the corrupt political and financial elites who control it. Let’s hope that the second American Revolution that we see on the horizon, is accomplished via the ballot box.

    _______________________________________
    John Wallace
    New York Campaign for Liberty
    Chatham, New York
    http://www.NYCampaignForLiberty.com

  37. Bill
    October 11, 2008 at 5:09 pm #

    Funny how this strangely echoes my comments on the “Domestic Enemies . . .” thread.

    I commented to a guy at my office that we are officially a communist nation now. His only response was “You really think so?” The comment was not sarcastic, but actually innocent. He isn’t exactly the brightest when it comes to politics/economics.

    We have been fed small doses of socialism ever since Teddy Roosevelt. We had HUGE doses during the New Deal with FDR. More and more and more. Each time because of a perceived “emergency”.

    Now, we have HUGE numbers of customers essentially bought by the government. They have nationalized the sub-prime market and are now talking about nationlizing the entire banking industry.

    Never before in the country’s history have we had this many assets from private industry seized (I mean purchased) by the government in the name of social order. And it was done under threat of martial law!!!

    I don’t know what will happen nor how soon it will happen. But it is my belief that just as the first revolution didn’t have a historical precedent, neither will the next one.

  38. Rochelle
    November 3, 2008 at 12:21 am #

    I am glad to have found your blog I was beginning to think I was the only Mormon who recognized what just happend a few weeks ago……when a president I admired became the president who betrayed his country by nationalizing the banks.

    Most of the saints are clueless as to what is happening and many saints are voting for obama. My take on the election is thus: If obama wins than the powers that be (the secret combinations ) will take obama’s win as a sygnal that they can now process without interruption with thier take over of our country……….if McCain wins it will be a signal that we are not quite ready for all of thier plans and they need to do more to scare us into giving up our freedoms …….anyway that is my take on the situtation.

    I know everyone has an opinion so what do we do now………how do we processe do we just give up and die……aren’t there many things to come to pass yet…..I donot believe the end it yet but I do believe we will be tried.

    We need to wake up the other saints. What are you doing in your ward to teach others what is going on?

  39. D.R. Sanchez
    June 18, 2009 at 4:58 pm #

    Bailout 2008 by David Jeffrey

    Like a bloodied warrior,
    laying broken and torn.

    Like a dying soldier, hopeless and forlorn.

    But the blood, it be green,
    the color of money.

    And the soldier is an economy,
    and it is anything but funny.

    Broken are it’s people and shattered are their dreams.

    Thanks to the ultra rich and their full proof schemes.

    It is a tragedy with more pain to come.

    Finance will be Hell, and their wills will be done.

Trackbacks/Pingbacks

  1. Chris Knudsen on Life & Business » “A portent of stormy weather ahead…” - September 21, 2008

    […] by now, looks like walking death. I can’t understand why. He and Hank Paulson now - unconstitutionally and with the full backing of an inept Congress and President - have full authority over the economy and can decide who will be saved by a tax payer bailout and […]

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