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	<title>Utah Alternative Conservative &#187; reaganomics</title>
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		<itunes:author>Utah Alternative Conservative</itunes:author>
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		<title>The Heritage Foundation, Reganomics, Protectionism</title>
		<link>http://ut.alternativeconservative.com/2009/03/the-heritage-foundation-reganomics-protectionism/</link>
		<comments>http://ut.alternativeconservative.com/2009/03/the-heritage-foundation-reganomics-protectionism/#comments</comments>
		<pubDate>Sat, 21 Mar 2009 17:27:08 +0000</pubDate>
		<dc:creator>----</dc:creator>
				<category><![CDATA[Economy]]></category>
		<category><![CDATA[Podcast]]></category>
		<category><![CDATA[china]]></category>
		<category><![CDATA[heritage foundation]]></category>
		<category><![CDATA[reaganomics]]></category>

		<guid isPermaLink="false">http://ut.alternativeconservative.com/?p=284</guid>
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<p>Today I will be referring back to my post Is Is China Buying Kennecott Copper?  I will examine the financial policies of the Heritage Foundation and explain why I believe their policies gave China their large reserve of US dollars, and an economic advantage.</p>
<p>I will go on to explain why the Heritage Foundations policies are [...]


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<itunes:duration>47:11</itunes:duration>
		<itunes:subtitle>Today I will be referring back to my post Is Is China Buying Kennecott Copper?nbsp; I will examine the financial policies of the Heritage Foundation ...</itunes:subtitle>
		<itunes:summary>Today I will be referring back to my post Is Is China Buying Kennecott Copper?nbsp; I will examine the financial policies of the Heritage Foundation and explain why I believe their policies gave China their large reserve of US dollars, and an economic advantage.

I will go on to explain why the Heritage Foundations policies are diametrically opposed to Reaganomics, contrary to their claim.nbsp; This is based off from an article by Paul Craig Roberts who served as an economist under the Reagan Administration and is said to be the "Father of Reaganomics."nbsp; All referenced material can be found on my earlier post Is China Buying Kennecott Copper.

Additional information that was provided at the end of the show:



http://www.washingtonpost.com/wp-dyn/content/article/2008/09/18/AR2008091804211.html
 
 In Crucible of Crisis, Paulson, Bernanke, Geithner Forge a Committee of Three
 
 By David Cho and Neil Irwin
 Washington Post Staff Writers
 Friday, September 19, 2008; Page A01
 
 From the rescue of Bear Stearns to the takeovers of Fannie Mae, Freddie Mac and American International Group, all the key decisions have been made by Treasury Secretary Henry M. Paulson Jr., Federal Reserve Chairman Ben S. Bernanke and Timothy F. Geithner, the president of the Federal Reserve Bank of New York.




 
 Timothy F. Geithner helped organize the bailout of AIG. AIG has paid the most money out to Goldman Sachs. Henry M. Paulson was a Chief Officer at AIG until 2006 when Bush appointed him to be Treasury Secretary http://en.wikipedia.org/wiki/Henry_Paulson#Goldman_Sachs Obama 
 
 People who worked for Goldman Sachs got second place for donating to Barack Obama's campaign http://www.opensecrets.org/pres08/contrib.php?cycle=2008#38;cid=N00009638 
 
 http://counterpunch.org/hudson03182009.html




Herersquo;s the problem with all the hoopla over the $135 million in AIG bonuses: This sum is only less than 0.1 per cent ndash; one thousandth ndash; of the $183 BILLION that the U.S. Treasury gave to AIG as a ldquo;pass-throughrdquo; to its counterparties. This sum, over a thousand times the magnitude of the bonuses on which public attention is conveniently being focused by Wall Street promoters, did not stay with AIG. For over six months, the public media and Congressmen have been trying to find out just where this money DID go. Bloomberg brought a lawsuit to find out. Only to be met with a wall of silence.




Until finally, on Sunday night, March 15, the government finally released the details. They were indeed highly embarrassing. The largest recipient turned out to be just what earlier financial reports had rumored: Paulsonrsquo;s own firm, Goldman Sachs, headed the list. It was owed $13 billion in counterparty claims. Herersquo;s the picture thatrsquo;s emerging. Last September, Treasury Secretary Paulson, from Goldman Sachs, drew up a terse 3-page memo outlining his bailout proposal. The plan specified that whatever he and other Treasury officials did (thus including his subordinates, also from Goldman Sachs), could not be challenged legally or undone, much less prosecuted. This condition enraged Congress, which rejected the bailout in its first incarnation.

It now looks as ifnbsp; Paulson had good reason to put in a fatal legal clause blocking any clawback of funds given by the Treasury to AIGrsquo;s counterparties. This is where public outrage should be focused.







Letrsquo;s go after the REAL money given to AIG ndash; the $183 billion! I realize that this has already been paid out, and we canrsquo;t get it back from the counterparties who knew that Alan Greenspan and George Bush and Hank Paulson were steering the U.S. economy off a real estate cliff, a derivatives cliff and a balance-of-payments cliff all wrapped up into one by betting against collateralized debt obligations (CDOs) and insuring these casino bets with AIG. That money has been siphoned off from the Treasury fair and square, ...</itunes:summary>
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		<title>Heritage Foundation vs. Reaganomics</title>
		<link>http://ut.alternativeconservative.com/2009/03/heritage-foundation-vs-reaganomics/</link>
		<comments>http://ut.alternativeconservative.com/2009/03/heritage-foundation-vs-reaganomics/#comments</comments>
		<pubDate>Mon, 09 Mar 2009 11:08:53 +0000</pubDate>
		<dc:creator>----</dc:creator>
				<category><![CDATA[Economy]]></category>
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		<category><![CDATA[china]]></category>
		<category><![CDATA[globalization]]></category>
		<category><![CDATA[heritage foundation]]></category>
		<category><![CDATA[outsourcing]]></category>
		<category><![CDATA[reaganomics]]></category>

		<guid isPermaLink="false">http://ut.alternativeconservative.com/?p=263</guid>
		<description><![CDATA[<p>Start Time: 3:00 PM
 Date: 2009-03-21
 End Time: 4:00 PM</p>
<p>Title: Heritage Foundation vs. Reaganomics
 Location: K-Talk Studio
 Link out: Heritage Foundation&#8217;s &#8220;free trade&#8221; position
 Description: I recently received a letter from the Heritage Foundation asking for money.  They claim they are the greatest purveyor of Ronald Reagan&#8217;s principals in the country.</p>
<p>Although I don&#8217;t agree [...]


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		<title>Don&#8217;t Trust the US Mainstream News</title>
		<link>http://ut.alternativeconservative.com/2009/02/dont-trust-the-us-mainstream-news/</link>
		<comments>http://ut.alternativeconservative.com/2009/02/dont-trust-the-us-mainstream-news/#comments</comments>
		<pubDate>Sat, 14 Feb 2009 19:13:53 +0000</pubDate>
		<dc:creator>----</dc:creator>
				<category><![CDATA[National News]]></category>
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		<category><![CDATA[Campaign for Liberty]]></category>
		<category><![CDATA[controlled mass media]]></category>
		<category><![CDATA[fascism]]></category>
		<category><![CDATA[paul craig roberts]]></category>
		<category><![CDATA[reaganomics]]></category>

		<guid isPermaLink="false">http://ut.alternativeconservative.com/?p=194</guid>
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<p>I need to make some updates.  There were a few points I covered in the show that were different from my below post.  On the show I covered a Guantanamo Detainee who&#8217;s genitals were sliced with a scalpel as part of the torture process.  Notice this was not covered by the US media:</p>
Gitmo Detainee’s ‘Genitals [...]


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		<slash:comments>2</slash:comments>
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<itunes:duration>41:50</itunes:duration>
		<itunes:subtitle>I need to make some updates.nbsp; There were a few points I covered in the show that were different from my below post.nbsp; On the ...</itunes:subtitle>
		<itunes:summary>I need to make some updates.nbsp; There were a few points I covered in the show that were different from my below post.nbsp; On the show I covered a Guantanamo Detainee who's genitals were sliced with a scalpel as part of the torture process.nbsp; Notice this was not covered by the US media:


Gitmo Detaineersquo;s lsquo;Genitals Were Sliced With A Scalpel,rsquo; Waterboarding lsquo;Far Down The List Of Things They Didrsquo;
http://thinkprogress.org/2009/02/09/mohamed-torture-uk-us

http://www.telegraph.co.uk/news/newstopics/politics/defence/4551441/UK-government-suppressed-evidence-on-Binyam-Mohamed-torture-because-MI6-helped-his-interrogators.html




I'm leaving the above links exposed so you can see just by looking at them this report came out of the UK and not the US.

I also pointed out how Barack Obama plans to handle the case.nbsp; He's maintaining Bush's State Secrets policy to block the case from going forward.nbsp; Obama's plan to maintain Bush's State Secrets policy was reported by a US columnist by the name of Glenn Greenwald who rights for Salon Magazine.nbsp; Mr. Greenwald is a Constitutional Lawyer and non partisan individual.nbsp; Despite the fact he appears to be a Democrat, he has defended Ron Paul against attacks by liberals on several occasions.


Obama fails his first test on civil liberties and accountability -- resoundingly and disgracefully 


We should never as a society accept someone's genitals being sliced by a razor.  If someone really is a dangerous criminal, lock him up for life.  If he really has information that can save lives, why not try sodium pentathlon?  We should never lower ourselves to this disgraceful level, or we are no better than Nazis.  What kind of a human being can slice someone else's genitals with a scalpel?



A caller who has traveled abroad also wanted to recommend http://www.cctv-9.com He described their news coverage as excellent.







Original Post: 02/14/2009

I would like to bring to everyone's attention an article by Paul Craig Roberts, which I will read in this radio broadcast.nbsp; This article was originally brought to my attention by Rob Alexander and Brodie Mower from the Salt Lake Chapter of the Campaign for Liberty.

Before I get started though, I would like to bring everyone's attention to my last post on Provo Police beating a man name of Chris Lauridsen with nightsticks.nbsp; This is an important issue, and I have posted some pretty important data in that post on how people vote in General Elections.

Chris Lauridsen's story actually relates into this Paul Craig Roberts' article because if we had more locally owned media, outrageous events such as this would surely get more news coverage.

I would like to thank Rob Alexander and Brodie Mower from the Salt Lake Campaign for liberty for bringing this article to my attention.

First let me give you a background on Paul Craig Roberts if you haven't already heard of him.nbsp; The article I am about to read to you can be found here.

http://baltimorechronicle.com/2009/010909Roberts2.shtml


Paul Craig Roberts is an economist who served as an Assistant Secretary of the Treasury in the Reagan Administration earning fame as the "Father of Reaganomics". He is a former editor and columnist for the Wall Street Journal, Business Week, and Scripps Howard News Service. He is the author of  Supply-Side Revolution: An Insider's Account of Policymaking in Washington; Alienation and the Soviet Economy: The Collapse of the Socialist Era and Meltdown: Inside the Soviet Economy, and is the co-author with Lawrence M. Stratton of The Tyranny of Good Intentions: How Prosecutors and Law Enforcement Are Trampling the Constitution in the Name of Justice.

This article is published in the Baltimore Chronicle with permission of the author.


Paul Craig Roberts recommends going to news sources outside the US.nbsp; The sites outside the US Mr. Roberts recommends are:


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