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CAUTION: You'll get fuming mad! (bailout robbery)

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madmusic Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Sep-28-08 04:24 PM
Original message
CAUTION: You'll get fuming mad! (bailout robbery)
Google this

democraticunderground Carlyle group

A lot of DUers saw this coming long ago. From the first Google search page of hits:

# Wachovia Corporate Treasurer joins Carlyle Group - Democratic ...
Jun 28, 2008 ... New York - Global private equity firm The Carlyle Group today named ... Messages posted on the Democratic Underground Discussion Forums are ... www.democraticunderground.com/discuss/duboard.php?az=view_all&address=114x39929 - 19k - Cached - Similar pages

# Allison Transmissions gets sold to Carlyle Group - Democratic ...
Aug 7, 2007 ... Allison Transmissions gets sold to Carlyle Group. ... Messages posted on the Democratic Underground Discussion Forums are the opinions of ...
www.democraticunderground.com/discuss/duboard.php?az=view_all&address=151x6164 - 18k - Cached - Similar pages
More results from www.democraticunderground.com »

# The Carlyle Group to buy visual effects company - Democratic ...
Private equity firm The Carlyle Group said Monday it has agreed to acquire The ... Messages posted on the Democratic Underground Discussion Forums are the ...
www.democraticunderground.org/discuss/duboard.php?az=view_all&address=389x167042 - 30k - Cached - Similar pages

# Is the Carlyle Group buying up gold?? - Democratic Underground
Is the Carlyle Group buying up gold?? ... Messages posted on the Democratic Underground Discussion Forums are the opinions of the individuals who post them, ...
www.democraticunderground.org/discuss/duboard.php?az=view_all&address=114x13026 - 31k - Cached - Similar pages
More results from www.democraticunderground.org »

# Carlyle Group's plan to takeover the banking system - Democratic ...
Sep 15, 2008 ... Levitt, a carlyle group dude, was one of the panelists who gave input ..... Messages posted on the Democratic Underground Discussion Forums ...
upload.democraticunderground.com/discuss/duboard.php?az=view_all&address=114x37316 - 116k - Cached - Similar pages

# Know your BFEE! Carlyle lobbies for bigger share of banks ...
The offices of the Carlyle Group are on Pennsylvania Avenue in Washington DC, .... Messages posted on the Democratic Underground Discussion Forums are the ...
upload.democraticunderground.com/discuss/duboard.php?az=view_all&address=114x41887 - 61k - Cached - Similar pages

# McCamy Taylor's Journal
Or to the Carlyle Group or Dubai Ports or to their friends and family or to any of the other Mr. Potters of the world. The last thing we need is an absentee ...
journals.democraticunderground.com/McCamy%20Taylor - Similar pages

# Carlyle Group : Taiwan cable TV business group Eastern Multimedia ...
The change in name is related to the investment of NT$47.6 billion (US$1.44 billion) by the Carlyle Group in July 2006 to become the largest shareholder, . ...
www.livermorereport.com/.../carlylegroup/.../taiwan-cable-tv-business-group-eastern-multimedia-renamed-as-kbro-digitimes.as... - 43k - Cached - Similar pages

# Ratbang Diary: Is It Okay That the Carlyle Group Owns the GOP?
This is disturbing because anyone connected with the Carlyle Group is in a ... It was the Carlyle Group that acquired Caterair, a catering company for ...
ratbangdiary.blogspot.com/2004/11/is-it-okay-that-carlyle-group-owns-gop.html - 81k - Cached - Similar pages
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melody Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Sep-28-08 04:26 PM
Response to Original message
1. The BushCo Globalists raking it in
Same as always
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wildbilln864 Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Sep-28-08 04:28 PM
Response to Original message
2. k&r and thank you for posting. nt
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madmusic Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Sep-28-08 04:29 PM
Response to Reply #2
3. A long time ago we connected all the dots
Someone even built a graph with all the connections, political and financial. There really was and is a vast Right Wing Conspiracy.

There really is.
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wildbilln864 Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Sep-28-08 05:16 PM
Response to Reply #3
9. Oh I think you may well be right....
Is the graph in the link? It needs to be posted to concerning current events. Will look to see. thanks
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madmusic Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Sep-28-08 05:22 PM
Response to Reply #9
13. Haven found it yet through Google
Edited on Sun Sep-28-08 05:38 PM by madmusic
The keyword isn't "graph" though. It's one of those bubble things with lines connecting everyone. Forgot what it's called. A DUer spent a lot of time on it though and we did a lot of research back then.

EDIT: This was in '04 before the last election.
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BelgianMadCow Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Sep-28-08 06:11 PM
Response to Reply #13
19. Are you maybe looking for the word "flowchart"?
aka bubbles and lines?
Or diagram?
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madmusic Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Sep-28-08 08:59 PM
Response to Reply #19
22. Thanks, it's not the DU one, but found this with that search
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madmusic Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Sep-28-08 05:09 PM
Response to Reply #2
8. Google this: democraticunderground Bush Carlyle group
Hart2008's post from http://www.democraticunderground.com/discuss/duboard.php?az=post&forum=389&topic_id=4113004&mesg_id=4113025">Fri Mar-14-08:

Old man shrub had his hand in this mess too, since he is a big part of the Carlyle Group:

For Bear, the crisis started when market speculation grew that it might have to seize collateral -- mostly mortgage-backed securities worth next to nothing -- from the private equity firm Carlyle Group.

Carlyle runs a bond fund and has come under intense pressure during the past week from creditors demanding collateral to back their investments.

As speculation swelled in the market, investors, customers and lenders raced to withdraw their money or rescind their credit lines. By Thursday night, Bear Stearns Chief Executive Alan Schwartz said, the bank realized the withdrawals might outpace the bank's resources -- so it reached out to JPMorgan for help.
...
In backing up JPMorgan, the Fed dusted off a rarely used, Depression-era provision to provide loans. It also said it was ready to step in to fight an erosion of confidence in the nation's largest financial institutions.
...
JPMorgan, the nation's third-largest bank, has been hurt far less by the mortgage mess than other financial institutions. It will provide secured loans to Bear for four weeks -- insured, in essence, by the Fed.



http://biz.yahoo.com/ap/080314/bear_stearns.html?.v=21

Since Bear Stearns is an investment firm, and not a bank, they needed JPMorgan to get the guaranteed loan.

So now the U.S. taxpayers get to hold the worthless paper that Bush, Sr. was passing around.
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wildbilln864 Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Sep-28-08 05:17 PM
Response to Reply #8
11. thank you, nt
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ShortnFiery Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Sep-28-08 04:34 PM
Response to Original message
4. Corporate PIGS belling-up to the Government Teats.
:grr:

Don't do this Congress!!!!

Don't vote out democrats this November, BUT for every single democratic representative voting for this financial RAPE of our tax dollars, should be VOTED OUT by their next Democratic Challenger. They'll catch on REAL SOON.

Perhaps we could inform our "illustrious unilateral acting" DEMOCRATIC representatives NOW?!?

Dammit, we're all going to hurt, but lets not REWARD THESE ASSHOLES for trashing our system. :grr:
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stray cat Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Sep-28-08 04:35 PM
Response to Original message
5. So is Obama in on it or an idiot? Same goes for Boxer and the other dems
Edited on Sun Sep-28-08 04:37 PM by dmordue
:sarcasm: Since only 250 billion is up front Obama is hopefully president for the rest of it.
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madmusic Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Sep-28-08 04:40 PM
Response to Reply #5
6. Maybe that's the real reason they want to kick Palin off the ticket
Edited on Sun Sep-28-08 04:43 PM by madmusic
She really believes all that bullshit. As corrupt as she may be personally, they can't trust her when it comes to the real world of the vast Right Wing Conspiracy.

EDIT: IOW, she talks too much and would give it away. Her corruption is petty but she is too idealistic when it comes to country. As dumb as she is, I think her love of country is real. Can't have that.
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Iterate Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Sep-28-08 05:18 PM
Response to Reply #6
12. Check out her time on the Alaska Oil and Gas Conservation Commission.
She was only there for a year, then quit.
She only became a "reformer" after she quit, mainly by spilling the beans with the inside info she gained there. Republicans like loose canons least of all.

By the way, the ones she "busted" were in St. Paul.
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madmusic Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Sep-28-08 05:33 PM
Response to Reply #12
14. loose canons, exactly!
She doesn't realize reality is an illusion. Hell, money is a confidence game.

I don't know if Obama is part of that ol' boys network or not, or how much he knows about it. Probably a lot. The Clintons know about it.

But the Rethugs think all that "For the People" shit is bullshit. All the people get is what trickles down. Every country has to work that way to a degree but the government can't let Totto pull the curtain away from the Great Oz, which means the people have to be content enough to keep their eyes closed.

That's what was wrong with Bush. He was too arrogant and outspoken and revealed the Rethug heart. Turns out Bush is a Totto.
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moodforaday Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Sep-29-08 10:29 AM
Response to Reply #5
26. My gut instinct
thoroughly cynical: by pushing for the bailout even against many Republicans, Obama is paying for his presidency. You have to prove your worth before the mafia allows you to join.

Obama may well be making the same mistake a lot of once-honest people have made: I know who I am, I live by my values, I can keep my integrity, I can game the system, I only have to do this one bad thing to be able to do good later.

Except that once you're in, the "later" part never comes.
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Mnemosyne Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Sep-28-08 04:51 PM
Response to Original message
7. I'm still pissed about them 'buying' the Magna Carta.
Evil family.
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Sydnie Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Sep-28-08 05:16 PM
Response to Original message
10. kick so I can find it later and rec so others can find it too n/t
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bluesmail Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Sep-28-08 05:33 PM
Response to Original message
15. So it's NOT going to be a single corporation ruling the world
It's Carlyle Private Equity Group ..... poppy Bush and James Baker ... the king of Saudi Arabia .... commanding them .... or else there may be a (don't have the intestinal fortitude to type it) ...HA! :toast: is in order for the New World Order. (head hurts)
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madmusic Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Sep-28-08 05:45 PM
Response to Reply #15
17. Oligarchy
It's an http://en.wikipedia.org/wiki/Oligarchy">oligarchy.

Oligrchy (Greek Ὀλιγαρχία, Oligarkhía) is a form of government where political power effectively rests with a small elite segment of society distinguished by royalty, wealth, family, military powers or occult spiritual hegemony. The word oligarchy is from the Greek words for "few" (ὀλίγον olígon) and "rule" (ἄρχω arkho). Such states are often controlled by politically powerful families whose children were heavily conditioned and mentored to be heirs of the power of the oligarchy. This type of power by its very nature may not be exercised openly; the oligarchs preferring to remain "the power behind the throne", exerting control through economic means. Oligarchies have been tyrannical throughout history, being completely reliant on public servitude to exist. Although Aristotle pioneered the use of the term as a synonym for rule by the rich, for which the exact term is plutocracy, oligarchy is not always a rule by wealth, as oligarchs can simply be a privileged group.

The danger is http://en.wikipedia.org/wiki/Fascism">fascism.

Fascism is a totalitarian nationalist political ideology and mass movement that is concerned with notions of cultural decline or decadence, and which seeks to achieve a millenarian national rebirth by exalting the nation, as well as promoting cults of unity, strength and purity.<1><2><3><4><5>

Various scholars attribute different characteristics to fascism, but the following elements are usually seen as its integral parts: nationalism, class collaboration, populism, militarism, totalitarianism, dictatorship, collectivism, statism, social interventionism, and economic planning. Fascism strongly opposes communism, liberalism, and conservatism (taking into account that fascists made alliances with conservatives more often than other groups).<6><2><1><7><8><9><10> Though nationalist in nature, fascist movements have sought alliances with each other in different countries on common beliefs, such as opposition to communism. Fascist governments nationalized key industries and made massive state investments.<11><12> They thought private property was to be regulated to ensure that "benefit to the community precedes benefit to the individual."<13> They also introduced price controls and other types of economic planning measures.<14> Fascists promoted their ideology as a "third way" between capitalism and Marxian socialism.<15>
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Irish Girl Donating Member (265 posts) Send PM | Profile | Ignore Sun Sep-28-08 05:39 PM
Response to Original message
16. How do we salvage our nation?
We have criminals surrounding us everywhere :(
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madmusic Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Sep-28-08 06:03 PM
Response to Reply #16
18. Speaking of criminals
The most flagrant example of the corporate state is the http://www.sourcewatch.org/index.php?title=American_Legislative_Exchange_Council">American Legislative Exchange Council, corporations that buy into state legislative lawmaking. One goal by http://en.wikipedia.org/wiki/Private_prisons">private prison corporation members is, of course, private prisons.

Prisons need populations, which means more laws to break and longer sentences for breaking them.

As quite as it's kept, the American Legislative Exchange Council is the logical conclusion of all of this. Few have heard of it.

From Wiki:

Corporate contributions and sentencing policy

CCA and The GEO Group are major contributors to the American Legislative Exchange Council (ALEC), a Washington, D.C. based public policy organization that develops model legislation that advances tough-on-crime legislation and free-market principles such as privatization.

Under their Criminal Justice Task Force, ALEC has developed and helped to successfully implement in many states “tough on crime” initiatives including “Truth in Sentencing” and “Three Strikes” laws. Corporations provide most of the funding for ALEC’s operating budget and influence its political agenda through participation in policy task forces. ALEC’s corporate funders include CCA and The GEO Group. In 1999, CCA made the President’s List for contributions to ALEC’s States and National Policy Summit; Wackenhut also sponsored the conference. Past cochairs of the Criminal Justice Task Force have included Brad Wiggins, then Director of Business Development at CCA and now a Director of Customer Relations, and John Rees, a CCA vice president.

By funding and participating in ALEC’s Criminal Justice Task Forces, critics argue, private prison companies directly influence legislation for tougher, longer sentences.<14>
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lonestarnot Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Sep-29-08 02:51 AM
Response to Reply #18
24. Damn! Bookmarking for this wealth of information alone!
Thank you! I'm terrible with names and keeping them all straight.
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madmusic Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Sep-28-08 08:36 PM
Response to Original message
20. Background on the Carlyle Group, lots of links on its history...
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madmusic Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Sep-28-08 08:39 PM
Response to Original message
21. Goldmine!
Great links in the comments (know your BFEE and Naomi Klein is always right on anyway).

http://www.democraticunderground.com/discuss/duboard.php?az=view_all&address=389x3564305#3564400
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lonestarnot Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Sep-29-08 02:53 AM
Response to Reply #21
25. Octafish! I should have known!
But that is one I did not have!
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madmusic Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Sep-29-08 12:20 PM
Response to Reply #25
27. A few may be over the top
But overall, right on. The point here are the "It's the economy, stupid" ones.
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lonestarnot Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Sep-29-08 05:04 PM
Response to Reply #27
30. Thanks madmusic.
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lostnfound Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Sep-29-08 02:31 AM
Response to Original message
23. k nt
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earth mom Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Sep-29-08 12:51 PM
Response to Original message
28. K & R & Bookmarked. nt
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earth mom Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Sep-29-08 12:52 PM
Response to Original message
29. K & R & Bookmarked. nt
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