Spitzer stuff

kate of the kiosk's picture

Police documents linking New York governor Eliot Spitzer to prostitutes to be released 20 Feb 2009 A US federal judge ordered the release of documents from the investigation that linked former New York governor Eliot Spitzer to a prostitution ring. The move to make details of wiretapped conversations public should reveal more on the scandal that forced Mr Spitzer to resign in March 2008. The ruling came after a request from the New York Times, which wanted the court to unseal the documents that outlined the prosecutors' probable cause for wiretapping two cell phones belonging to the prostitution ring. [The *actual* probable cause: Predatory Lenders' Partner in Crime --How the Bush Administration Stopped the States From Stepping In to Help Consumers By Eliot Spitzer 14 Feb 2008 ...Even though predatory lending was becoming a national problem, the Bush administration looked the other way and did nothing to protect American homeowners. In fact, the government chose instead to align itself with the banks that were victimizing consumers.]

Comment viewing options

Select your preferred way to display the comments and click "Save settings" to activate your changes.
juandelacruz's picture

a mihop too?

Hi Kate,

Nice article! I had always thought that the mortgage crisis was the result of undeterred greed running its course. This article sort of gives some credence to the other school of thought that the crisis was engineered. Sort of a mihop vs lihop.

E Vero's picture

subprime is only about 1.5 trillion

This 'crisis' was definitely engineered. Subprime is the tip of the ice-berg -- credit default swaps are more important. When the dust clears, I'm guessing JPMorgan Chase (and other prime owners of the Fed Res) will own all the other banks. And where did the bailout money go? Why isn't the Treasury acting transparently? What have they got to hide? Who is benefiting the most from this crisis?

Notice also the artificially low price for oil - $33/barrel is simultaneously killing Russia and OPEC. Hmmmm, who might want to render those two groups impotent?

Who made money on the 9/11 short-sales? Who made money short-selling the British pound prior to 7/7? Who's making money on the new, post-Afghan-invasion opium sales? And someone's screwing with the dollar - artificially propping it up for the time being. Will likely make a killing when they decide to make it fall, it's only a matter of time, given how much is being printed.

E

-------
"It is difficult to get the news from poems yet men die miserably every day for lack of what is found there."

--William Carlos Williams (from the poem 'From')

juandelacruz's picture

Hi E, Thanks, very good

Hi E,

Thanks, very good points. Post links if you have sites that expose this particular conspiracy.