In Today's News 05.13.09

1.  The new government-controlled economy.  (WSJ) "The Obama administration has begun serious talks about how it can change compensation practices across the financial-services industry, including at companies that did not receive federal bailout money...Administration and regulatory officials are looking at various options, including using the Federal Reserve's supervisory powers..."

Such intervention would have been inconceivable just a year ago.  It shows how far the Obama regime has instituted a government-controlled economy.  Think about it:  we now have the federal government dictating to the central economic units of the American system how and what those units will pay their key employees. Unbelievable.

The main point here is not about executive pay.  No matter what measures may be put in place, the cryptocracy will ensure that its key employees receive a good share of the loot.  That's one reason they have lawyers -- to find the loopholes.

The main point is the cryptocracy wants to have absolute control of the banking (and other) sectors so that financial risk is minimized.  As Barney Frank, House Financial Services Committee Chairman, put it (as paraphrased by the WSJ) the committee "...is working on legislation that could strengthen the government's ability both to monitor compensation and to curb incentives that threaten a company's viability or pose a systemic risk to the economy."  (Emphasis added.)

It should also be noted that one of the projected control mechanisms is the Federal Reserve, a privately owned entity that just happens to operate in the interests of the world's richest families.  Empowering the Fed is this manner is part of a pattern in this economic crisis to put more and more governing power directly in the hands of the cryptocracy's ruling families.

2.  Pope in Israel.  There is a dog-product commercial on the tube these days about how dogs always want more, more, more.  But Benedict's visit to Israel illustrates another group who always, without fail, wants more.

Here we have the one of most pro-Judaic Popes in the history of the Church.  He and John Paul II are the prime developers of Shoah Catholicism which holds the holocaust to be more important to humanity than the crucifixion.  Benedict's papacy has seen all kinds of friendly gestures to the Judaic interests.  And now he makes a trip to the holy land and Israel.  He makes his de rigueur obeisance at the Yad Vashem Holocaust memorial.  He makes a speech against anti-semitism and in memory of the holocaust victims.

And what happens?  The director and board chairman of Yad Vashem and the parliament speaker issued public rebukes of the Pope.  They criticized the Pope's address because of "failing to specify the number of Jews that perished in the Holocaust, not singling out the Germans or Nazis as the culpable party, and failing to issue an explicit apology." (Quotation is the WSJ wordage in their article.)  The Pope was also accused of being a member of the Hitler Youth Corps. 

The Pope will evidently never learn this lesson, but one can never expect charity, forgiveness, or gratitude from those educated and trained in the Talmud.  The Talmud-inspired standard operating procedure is vengeance, getting the upper hand, and more, more, more.  In the case of the Church, it seems they will not be satisfied until the Church does exactly as they say.