It Was All A Smokescreen

"While Obama had the media focused on the AIG bonuses, the Federal Reserve System was quietly buying $1.15 Trillion in debt from the US Treasury. The whole AIG scandal was nothing but a smokescreen.

"The military has used smokescreens for generations. When I was in the Marine Corps I was taught to use smoke grenades to screen the movement of our unit from the enemy. The Navy has long used smokescreens to cover ship movements.

"Obama and Company made masterful use of the AIG smokescreen to distract America’s attention from a sneak attack on our prosperity. The AIG executive bonuses, while they inflamed America’s populist sensibilities, amounted to exactly 1.27% of the money we have poured down the AIG drain. But according to economist Walter Zimmerman, the long-term effects of the Fed action will be devastating. These include the destruction of the US dollar and further erosion of our nation’s position as the leading economy in the world.

"What possible reason could Obama have for weakening the dollar and our economy?

"It’s simple. Obama is not a patriot; he is an internationalist. He is firmly committed to seeing the United States as just another part of a world government. But the American people will never accept that as long as we are the strongest nation in the world. Obama is in the process of weakening us from within, so that eventually he can generate enough fear to make us accept domination by the handful of powerful people who plan to run the world."