While the United states Armed Forces (private mercenaries) are stationed at 737 bases, in 130 nations around the world, defending “all freedom-loving people everywhere in the world,” Benjamin S. “Helicopter Ben” Bernanke, Chairman of the Federal Reserve Board of Governors (a Federal agency) that oversees the privately owned Federal Reserve System of (central) Banks, in testimony to the senate banking committee, says,

       The financial markets are quite fragile.  I believe if the credit markets are not functioning, that jobs will be lost, that our credit rate will rise, more houses will be foreclosed upon, GDP [Gross National Product] will contract, that the economy will just not be able to recover in a normal, healthy way.

· · · · · ·

       Purchasing impaired [worthless] assets will create liquidity and promote price discovery in the markets for these assets, while reducing investor uncertainty about the current value and prospects of financial institutions.  More generally, removing these assets from institutions’ balance sheets will help to restore confidence in our financial markets and enable banks and other institutions to raise capital and to expand credit to support economic growth.

       NOTES:

• Henry M. Paulson, Jr., also appeared at that same hearing and saw his modest three-page “Billionaire Bailout (and left taxpayers the) Bill” rejected, as the senate banking committee expanded the Bernanke-Paulson bailout plan to 42 pages.
• This is the further realization of plank number five of the “Communist Manifesto” by Karl Marx.

       [added 5/26/2021] Thanks to Jim Lorenz for this entry.

       The supreme court, of the republic of texas, refuses to hear In re Barr, denying the request of the Libertarian Party of texas that the status quo (Democratic and Republican) party nominees de facto senator Barack Hussein Obama, II (a.k.a. Barry Soetoro, Jr), Esq., of illinois, and de facto senator John S. McCain, of (the Federal enclave of) Arizona, be removed from the ballot as neither had been nominated before the August 27th deadline.

        NOTES:

• As an attorney (Officer of the Court) Obama was ineligible to serve in two branches of government at the same time, according to Article I, Section 6 [Clause 2].