Sen. James Inhofe (R-Ok.) said yesterday that it was
Treasury Secretary Henry Paulson who personally told Congressmen that
there would be martial law in America if they did not pass the bailout
of the banks as demanded by the Bush Administration. On Oct. 2, Rep.
Brad Sherman (D-Calif.) said on the House floor that "Many of us were
told in private conversations that if we voted against this bill on
Monday the sky would fall, the market would drop two or three thousand
points the first day, another couple of thousand the second day, and a
few members were even told that there would be martial law in America
if we voted no."
in Tulsa, has confirmed who it was that issued this threat. The
interview host Pat Campbell asked Infhofe, "Somebody in D.C. was
feeding you guys quite a story prior to the bailout, a story that if we
didn’t do this we were going to see something on the scale of the
depression, there were people talking about martial law being
instituted, civil unrest. Who was feeding you guys this stuff?"
Inhofe replied, "Thats Henry Paulson. We had a
conference call early on, it was on a Friday I think–a week and half
before the vote on Oct. 1. So it would have been … the 19th of
September, we had a conference call. In this conference call and I
guess theres no reason for me not to repeat what he said, but he said,
he painted this picture you just described. He said, This is serious.
This is the most serious thing that we faced."
Inhofe has demanded that the remaining funds not
already given away be taken back by the government, and suggested that
Paulson was giving the money to his friends.
But simply taking money back is not a solution.
There is only one competent solution to this mess and that is a
bankruptcy re-organization as Lyndon LaRouche has defined.
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