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October 2, 2008, U.S. House of Representatives.
Congressman Brad Sherman [D-CA] asks:
"But why are we bailing out the Bank of China? Why
are we bailing out the Saudi royal family?...
The only way they can pass this bill is by
creating and by sustaining a panic atmosphere...
A few Members were even told that there would be
martial law in America if we voted ``no.''
________________________________________
Congressman Brad Sherman: Martial Law if We Voted
No [1]
http://www.youtube.com/watch?v=p6KRXnYgu5I
Congressman Brad Sherman: Martial Law if We Voted
No [2]
http://www.youtube.com/watch?v=55lOhYw8Lxk
Congressman Brad Sherman: Martial Law if We Voted
No [3]
http://www.youtube.com/watch?v=SHFUa4SpPBU
Alex Jones interviews Brad Sherman
http://www.youtube.com/watch?v=egXhZMaY26w
Sherman's Blue Paper on the Bailout
http://bradsherman.house.gov/081001comprehensive_a
rticle.pdf
171 Heroes vs 263 Traitors
http://www.govtrack.us/congress/vote.xpd?vote=h200
8-681
Paul Craig Roberts: It takes the trouble off the
banks and puts it on the taxpayers
http://youtube.com/watch?v=PLbWau3rsag&NR=1
________________________________________
TRANSCRIPT
I thank the Chair. I have got 30 minutes, and I
will share some with the gentlelady from Ohio in
just a second to describe the flaws with this
bill. Believe it or not, 30 minutes is not long
enough. But first I want to mention about the
calls that are coming into our office.
The calls used to be from people around the
country. Now Wall Street firms have their
employees unplugging those headsets to call
investors and instead calling Members of Congress.
So now the calls coming in to at least my office
have shifted from 20-1 against this bailout
package for Wall Street, down to about 3-1 or 4-1
against this bailout.
I ask my colleagues not to be confused. Edit out
some of those calls that are coming to you from
folks who are being paid to make the call, and you
will realize the country remains absolutely
overwhelmingly opposed to this Wall Street bailout
bill.
I thank again the gentleman from Ohio, and I will
make a few more points.
We had a meeting of the Skeptics Caucus, which is
now a bipartisan Skeptics Caucus, where we heard
from Bill Isaac. Mr. Isaac was Chair of the FDIC
(Federal Deposit Insurance Corporation), having
first been appointed to that board by President
Carter and then appointed by Reagan. You don't
find very many people who have support on both
sides of the aisle like that.
Bill Isaac led the FDIC in solving the 1981
crisis, which was probably worse than the crisis
that we have now. He used the emergency powers of
the FDIC. He was able to solve that credit crisis
without significant cost to the taxpayer.
We ought to hear from Bill Isaac. And I look
forward to us defeating this bill tomorrow so we
can have hearings and all my colleagues, not just
those who came to the Skeptics Caucus, can hear
from Mr. Isaac and so many others, because the
starting point is this testimony that we didn't
hear before any hearing, because there have been
no hearings on this bill, but rather a letter sent
to Members of Congress by hundreds of eminent
economists, including three Nobel Laureates. And
they said, we ask Congress not to rush, to hold
appropriate hearings, and to carefully consider
the right course of action.
(...)
[
http://www.c-spanarchives.org/congress/?q=node/775
31&id=8902074 ]
The only way they can pass this bill is by
creating and by sustaining a panic atmosphere.
That atmosphere is not justified. Many of us were
told in private conversations, if we voted against
this bill, that, on Monday, the sky would fall and
that the market would drop 2,000 or 3,000 points
the first day and another 2,000 the second day.
A few Members were even told that there would be
martial law in America if we voted ``no.''
[
http://www.c-spanarchives.org/congress/?q=node/775
31&id=8902076 ]
Tags : brad sherman congress threatened with martial law no bailout fascism usa election 2008 constitution liberty ron paul |
