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Underwater Ally's Blog

 

November 2009

 
http://www.ourstage.com/profile/underwaterally/blog

Administration of Barack H. Obama, 2009 Statement on Signing the Supplemental Appropriations Act, 2009 June 24, 2009

“However, provisions of this bill within sections 1110 to 1112 of title XI, and sections 1403 and 1404 of title XIV, would interfere with my constitutional authority to conduct foreign relations by directing the Executive to take certain positions in negotiations or discussions with international organizations and foreign governments, or by requiring consultation with the Congress prior to such negotiations or discussions. I will not treat these provisions as limiting my ability to engage in foreign diplomacy or negotiations. “ BARACK OBAMA

The White House, June 24, 2009.

Now here is…

H.R. 2346 sections 1110 to 1112 of title IX, and sections 1403 and 1404 of title XIV

Section 1110 - Amends the International Financial Institutions Act to direct the Secretary of the Treasury to instruct: (1) the U.S. Executive Directors at the International Bank for Reconstruction and Development, the International Development Association, and the International Finance Corporation to seek to make specified changes in the “Doing Business Report” of the World Bank; and (2) the U.S. Executive Directors at the World Bank to seek to enhance transparency of the World Bank Inspection Panel process. Defines “World Bank” as the International Bank for Reconstruction and Development and the International Development Association.

Section 1112 - Directs the Secretary of the Treasury to seek to ensure that multilateral development banks: (1) make timely, public disclosure of their operating budgets; (2) evaluate the development impact of selected bank projects and financing operations; and (3) and integrate Extractive Industry Transparency Initiative (EITI) principles into related projects.

Obama FDR… no, Hoover…maybe The Obama administration is a political instrument of Wall Street. His policies favor the banking elite, and have fed the recent surge in stock prices. Public funds to pay hedge funds to buy toxic assets at inflated prices? And as for the policy makers and Obama advisors? Money hand over fist. Lawrence Summers, deregulation advocate, and former treasury secretary oversaw the dismantling of regulation, the result of the great depression. As director of the White House’s national economic council he will be in charge of re regulating the banks. And he is the tip of the iceberg, google “Obama’s Wall St Cabinet” to find a full listing of the crooks and how much money they have received from bailed out banks. The above signing statement is another example. First off, Obama bashed Bush for his use of signing statements referring to them as unconstitutional, yet here is a signing statement, one of many. This one is in defense of the most powerful bank in the world, the world bank of course. The congress, in these two sections are demanding more transparency. Obama promised transparency. He should support these sections. But he does not. Banking, money creation, and monetary policy is the issue of our time. The one financial instrument that effects all others is money. The fed has a monopoly one money. America must get this one right, and Obama is so wrong. Central banking is wrong. Fractional lending is wrong.

Read & learn more @ http://www.wsws.org/articles/2009/apr2009/pers-a06.shtml http://www.youtube.com/watch?v=seAR1S1Mjkc http://www.youtube.com/watch?v=PGIgOIFdnMQ&feature=SeriesPlayList&p=0629B97DDFA9C7DB http://themoderatevoice.com/38850/congress-suddenly-decides-they-dont-like-wh-signing-statements/ http://video.google.com/videosearch?q=money+masters&emb=0&aq=0&oq=money+mas#

 
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