Breaking News 實時新聞 | | Forum 論壇 | | UK News 英國新聞 | | USA News 美國新聞 | | World News 世界新聞 | | Political News 政治新聞 | | Sci-Tech News 科技新聞 | | War & Terrorism News 戰爭與恐怖主義的新聞 | | Sports News 體育新聞 | | Multimedia 多媒體 | | Set Homepage 設為首頁
論壇
最新新聞
RINF論壇
Translate: 翻譯: Translate to EnglishÜbersetzen Sie zum Deutsch/GermanПереведите к русскому/RussianΜεταφράστε στα ελληνικά/GreekVertaal aan het Nederlands/Dutchترجمة الى العربية/Arabic中文翻译/Chinese Traditional中文翻译/Chinese Simplified한국어에게 번역하십시오/Korean日本語に翻訳しなさい /JapaneseTraduza ao Português/PortugueseTraduca ad Italiano/ItalianTraduisez au Français/FrenchTraduzca al Español/Spanish

The “Dirty Little Secret” Of the US Bank Bailout “骯髒的小秘密”的美國銀行紓困

Thursday, October 30th, 2008 星期四, 08年一十月30日

WSWS | In an unusually frank article published in Saturday’s New York Times, the newspaper’s economic columnist, Joe Nocera, reveals what he calls “the dirty little secret of the banking industry”–namely, that “it has no intention of using the [government bailout] money to make new loans.” |在以罕見的坦率的文章發表在週六的紐約時報,報紙的經濟專欄作家,喬諾西拉,顯示他所謂的“骯髒小秘密銀行業” ,即“它無意使用[政府救助]錢作出新的貸款。 “

As Nocera explains, the plan announced October 13 by Treasury Secretary Henry Paulson to hand over $250 billion in taxpayer money to the biggest banks, in exchange for non-voting stock, was never really intended to get them to resume lending to businesses and consumers–the ostensible purpose of the bailout.正如諾西拉解釋說,計劃10月13日宣布,由財政部長保爾森交出2500億美元的納稅人的錢,以最大的銀行,以換取非投票股票,從來沒有真正打算讓他們恢復貸款給企業和消費者,的表面目的是紓困。 Its essential aim was to engineer a rapid consolidation of the American banking system by subsidizing a wave of takeovers of smaller financial firms by the most powerful banks.其基本目的是工程師迅速鞏固了美國銀行系統的補貼一波併購規模較小的金融公司的最強大的銀行。

Nocera cites an employee-only conference call held October 17 by a top executive of JPMorgan Chase, the beneficiary of $25 billion in public funds.諾西拉引用了一個員工只有電話會議10月17日舉行的高層摩根大通,受益250億美元的公共資金。 Nocera explains that he obtained the call-in number and was able to listen to a recording of the proceedings, unbeknownst to the executive, whom he declines to name.諾西拉解釋說,他獲得了呼叫次數,並能夠收聽錄音程序,不知情的執行,他拒絕的名稱。

Asked by one of the participants whether the $25 billion in federal funding will “change our strategic lending policy,” the executive replies: “What we do think, it will help us to be a little bit more active on the acquisition side or opportunistic side for some banks who are still struggling.”問其中一名參與者是否250億美元的聯邦資金將“改變我們的戰略的貸款政策, ”行政答复: “我們確實認為,這將有助於我們有點更積極的收購方或機會主義方一些銀行誰仍在苦苦掙扎。 “

Referring to JPMorgan’s recent government-backed acquisition of two large competitors, the executive continues: “And I would not assume that we are done on the acquisition side just because of the Washington Mutual and Bear Stearns mergers.在談到摩根大通最近的政府支持的收購兩個大的競爭對手,行政繼續說: “我並不認為我們正在做的收購方是因為華盛頓互惠和貝爾斯登合併。 I think there are going to be some great opportunities for us to grow in this environment, and I think we have an opportunity to use that $25 billion in that way, and obviously depending on whether recession turns into depression or what happens in the future, you know, we have that as a backstop.”我認為,將有一些巨大的機遇,我們生長在這種環境下,我認為我們有機會利用這一250億美元,以這種方式,顯然取決於是否衰退變成抑鬱症或發生的事情在未來,你們都知道,我們作為一個支持。 “

As Nocera notes: “Read that answer as many times as you want–you are not going to find a single word in there about making loans to help the American economy.”正如諾西拉指出: “閱讀答案多次你想,你不會找到一個字在那裡的貸款,以幫助美國經濟。 ”

Later in the conference call the same executive states, “We would think that loan volume will continue to go down as we continue to tighten credit to fully reflect the high cost of pricing on the loan side.”後來在電話會議上同一行政指出, “我們將認為,貸款量將繼續下去,我們將繼續收緊信貸,以充分反映成本高定價的貸款方面。 ”

“It is starting to appear,” the Times columnist writes, “as if one of the Treasury’s key rationales for the recapitalization program–namely, that it will cause banks to start lending again–is a fig leaf…. “這是開始出現,紐約時報”專欄作家寫道, “因為如果一個財政部的主要理由為資本的程序,即會導致銀行貸款再次啟動,是一塊遮羞布... 。 In fact, Treasury wants banks to acquire each other and is using its power to inject capital to force a new and wrenching round of bank consolidation.”事實上,財政部希望銀行收購對方,並利用其權力,注入資本,迫使一個新的和痛苦的一輪銀行合併。 “

Early this month, he explains, “in a nearly unnoticed move,” Paulson, the former CEO of Goldman Sachs, put in place a new tax break worth billions of dollars that is designed to encourage bank mergers.本月初,他解釋說, “在一個幾乎被忽視行動, ”保爾森,前首席執行官高盛,設立了一個新的減稅價值數十億美元,目的是鼓勵銀行合併。 It allows the acquiring bank to immediately deduct any losses on the books of the acquired bank.它允許收購銀行立即扣除任何損失的書籍收購的銀行。

Paulson and other Treasury officials have made public statements calling on the banks that receive public funds to use them to increase their lending activities.保爾森和其他美國財政部官員已公開聲明,呼籲銀行,接受公共資金,利用它們來增加其貸款活動。 That, however, is for public consumption.然而,這是供公眾消費。 The bailout program imposes no lending requirements on the banks in return for government cash.救助計劃的實施要求沒有貸款的銀行,以換取政府的現金。

Already, the credit crisis has been used to engineer the takeover of Bear Stearns and Washington Mutual by JPMorgan, Merrill Lynch by Bank of America, Wachovia by Wells Fargo and, last Friday, National City by PNC.目前,信用危機已被用來工程師收購貝爾斯登和Washington Mutual的JP摩根,美林證券的美國銀行,瓦喬維亞由富國和,上週五,全國城市的民警。

What the Wall Street Journal on Saturday called the “strong-arm sale” of National City provides a taste of what is to come.什麼華爾街日報週六所謂的“強有力的手臂出售”全國城市提供了一種味道是什麼來。 The Treasury Department sealed the fate of the Cleveland-based bank by deciding not to include it among the regional banks that will receive government handouts.財政部密封的命運,克利夫蘭的一家銀行,決定不將其列入各區域銀行,將得到政府的施捨。 It then gave Pittsburgh-based PNC $7.7 billion from the bailout fund to help defray the costs of a takeover of National City.然後給總部設在匹茲堡的民警77億美元的緊急援助基金,以幫助支付費用,收購國家城市。 PNC will also benefit greatly from the tax write-off on mergers enacted by Treasury.民警也將大大受益於稅務註銷的兼併財政部頒布的。

All of the claims that were made to justify the bank bailout have been exposed as lies.所有聲稱,作了辯解紓困銀行已揭露謊言。 President Bush, Federal Reserve Chairman Ben Bernanke and Paulson were joined by the Democratic congressional leadership and Barack Obama in warning that the bailout had to be passed, and passed immediately, despite massive popular opposition.美國總統布什,聯邦儲備委員會主席伯南克和保爾森也加入了民主黨國會領導層和奧巴馬中警告說,援助必須通過,並立即通過,儘管大規模流行的反對。 Those who opposed the plan were denounced for jeopardizing the well being of the American people.這些誰反對該計劃的譴責危害的福祉美國人民。

In a nationally televised speech delivered September 24, in advance of the congressional vote on the bailout plan, Bush said it would “help American consumers and businessmen get credit to meet their daily needs and create jobs.” If the bailout was not passed, he warned, “More banks could fail, including some in your community.在全國電視講話9月24日,提前在國會表決的救助計劃,布什說,它將“幫助美國消費者和商界人士獲得信貸,以滿足他們的日常需要和創造就業機會。 ”如果救助沒有通過,他警告說, “更多銀行可能會失敗,包括一些在您的社區。 The stock market would drop even more, which would reduce the value of your retirement account….股市將下降更有什者,這將減少的價值,你的退休帳戶... 。 More businesses would close their doors, and millions of Americans could lose their jobs … ultimately, our country could experience a long and painful recession.”越來越多的企業將關門,數以百萬計的美國人可能會失去工作...最終,我們的國家可能會遇到一個漫長而痛苦的衰退。 “

One month later, the bailout has been enacted, and all of the dire developments–banks and businesses disappearing, the stock market plunging, unemployment skyrocketing–which the American people were told it would prevent are unfolding with accelerating speed.一個月後,救助已經頒布,所有可怕的事態發展銀行和企業消失,股市下跌,失業率上升,這對美國人民被告知這是開展預防與加速。

While Obama talks about the need for all Americans to “come together” in a spirit of “shared sacrifice”–meaning drastic cuts in Medicare, Medicaid, Social Security and other social programs–and the cost of the bailout is cited to justify fiscal austerity, the bankers proceed to ruthlessly prosecute their class interests.雖然奧巴馬談論需要所有美國人“走到一起”的精神“共同犧牲” ,這意味著大幅度削減醫療保險,醫療,社會保障和其他社會項目和費用的救助是列舉的理由財政緊縮,銀行家進行無情起訴其階級利益。

As the World Socialist Web Site warned when it was first proposed in mid-September, the “economic rescue” plan has been revealed to be a scheme to plunder society for the benefit of the financial aristocracy.作為世界社會主義網站發出警告時,首次提出在9月中旬, “經濟救助”計劃已經顯示是一個計劃,以掠奪社會,造福於金融貴族。 The American ruling elite, utilizing its domination of the state and the two-party political system, is exploiting a crisis of its own making to carry through an economic agenda, long in preparation, that could not be imposed under normal conditions.美國統治精英,利用其統治的國家和兩個黨政治制度,是利用了一個危機其本身的決策執行通過一個經濟議程的,長期的準備,不能強加在正常情況下。

The result will be greater economic hardship for ordinary Americans.其結果將是更大的經濟困難的普通美國人。 The big banks will have even greater market power to set interest rates and control access to credit for workers, students and small businesses.大銀行將有更大的市場力量在設定利率和控制獲得信貸的工人,學生和小型企業。

While no serious measures are being proposed, either by the Bush administration, the Republican presidential candidate or his Democratic opponent, to prevent a social catastrophe from overtaking working people, the government is organizing a restructuring of the financial system that will enable a handful of mega-banks to increase their power over society.雖然沒有嚴肅的措施正在擬議中,無論是布什政府,共和黨總統候選人或他的民主黨對手,以防止社會災難從超車的勞動人民,政府正在組織調整金融制度,使少數大型銀行增加其權力的社會。


Have Your Say: The “Dirty Little Secret” Of the US Bank Bailout 你說: “骯髒的小秘密”的美國銀行紓困
Please read our請仔細閱讀我們的 posting guidelines before posting張貼在發布前的指導方針 .
Alternatively或者 you can discuss this report here你可以討論這份報告在這裡 .

RSS 的RSS TrackBack URL引用網址


Related News 相關新聞
This entry was posted on Thursday, October 30th, 2008 at 6:14 pm and is filed under本條目被張貼在週四, 2008年十月30日在下午6時14分,並提交下 Business News商業新聞 . You can follow any responses to this entry through the您可以按照任何反應,這個項目通過 RSS 2.0 2.0 feed. You can飼料。您可以 leave a response留下一個反應 , or trackback引用 from your own site.從您自己的網站。
Bailout Protesters Send a Strong Message from Wall Street救助抗議者發出一個強有力的信息來自華爾街 Last post by Grzegorz @ 03:47 AM 最後職位格熱戈日上午03時47 @

windmill ideas and other stuff made from junk風車的想法和其他的東西從垃圾 Last post by Knight of the Word @ 03:02 AM 最後的騎士後的Word @上午03點02分

How To Build a Solar Generator如何建立一個太陽能發電機 Last post by Knight of the Word @ 02:56 AM 最後的騎士後的Word @上午02點56分

£37bn plan to power EU with the Saharan sun £ 37bn計劃,歐盟權力與撒哈拉以南太陽 Last post by Knight of the Word @ 02:52 AM 最後的騎士後的Word @上午02時52分

Man dies after police use Taser to subdue him人死亡後,警方使用泰瑟槍制服他 Last post by Knight of the Word @ 02:37 AM 最後的騎士後的Word @上午02點37分

Israel passes first vote for Biometric database bill以色列第一次投票通過生物資料庫法案 Last post by ZingPao @ 02:30 AM 最後職位ZingPao @上午2時半

Joe the Plumber: A vote for Obama is a vote for the death of Israel喬的水管工:一個為奧巴馬投票表決是對死亡的以色列 Last post by Knight of the Word @ 02:19 AM 最後的騎士後的Word @上午02點19分

Healthy croissants?健康羊角麵包? Take with pinch of salt帶著將信將疑的 Last post by ZingPao @ 01:40 AM 最後職位ZingPao @上午一點40分

Thatcher and Haughey were warned of UFO attack撒切爾和豪伊被警告的飛碟襲擊 Last post by Nostalgia @ 01:28 AM 最後職位懷舊@上午01時28分

Ex-Italian President: Provocateur Riots Then “Beat The Shit Out Of Protesters”前意大利總統:挑釁者騷亂然後“擊敗了狗屎的示威” Last post by ZingPao @ 01:11 AM 最後職位ZingPao @上午01點11分

Go to Forum進入論壇 | Latest Topics最新的話題

論壇

Network This Report 網絡本報告

These icons link to social bookmarking sites where readers can share and discover new web pages. 這些圖標鏈接到社會書籤場所讀者能分享和發現新的網頁。
  • del.icio.us
  • Technorati
  • Digg
  • StumbleUpon
  • Slashdot
  • Reddit
  • YahooMyWeb
  • Fark
  • Netscape
  • Furl

Email This Page To A Friend 本頁發送給朋友
Latest Headlines 最新的頭條

RINF廣告 Archive 存檔
TOP NEWS DISCUSSIONS 頭條新聞討論
LATEST NEWS DISCUSSIONS 最新消息討論
LATEST FORUM TOPICS 最新論壇主題
Explosion of Mandatory Police Searches on British Citizens 爆炸的強制性警察搜查英國公民

Civilian ID cards 'will not thwart terrorists' 民警ID卡'將不會阻止恐怖分子

Elephants, Donkeys And Party X 大象,驢和黨的X

How Safe Are Mobile Phones? 如何安全是移動電話?

George Orwell 喬治奧威爾 commented on: 評論:
Civilian ID cards ‘will not thwart terrorists’ 民警ID卡'將不會阻止恐怖分子
Come on bootlegger- this site needs real content, not pseudo intellectual... 來吧bootlegger ,這個網站需要實際的內容,而不是偽知識分子...
Continue Reading & Reply 繼續閱讀及回复

George Orwell 喬治奧威爾 commented on: 評論:
How Safe Are Mobile Phones? 如何安全是移動電話?
It’s easy to stop using a cell phone. 可以很容易地停止使用手機。 Just stop being a gullable super-technolog y dependent... 只要不再是gullable超技術的依賴... y
Continue Reading & Reply 繼續閱讀及回复

Maximus V 馬克西穆斯V commented on: 評論:
Explosion of Mandatory Police Searches on British Citizens 爆炸的強制性警察搜查英國公民
Has anybody actually been stabbed? 實際上已經被人刺死? EVER? 呢? And I hardly call a 3inch pocket... 和我幾乎叫3inch口袋...
Continue Reading & Reply 繼續閱讀及回复

Ben Gaule 本高盧 commented on: 評論:
Why can’t energy firms pick up the bill? 為什麼不能能源公司拿起法案?
Now is the time to nationalise all major industries and banks. 現在是時候國有化所有主要行業和銀行。 This would give the... 這將使...
Continue Reading & Reply 繼續閱讀及回复

Activism & Protest News 積極與抗議新聞 | | Business News 商業新聞 | | Civil & Human Rights News 公民與人權新聞 | | Environmental News 環境新聞 | | Media News 媒體新聞 | | Globalisation News 全球化新聞 | | Web Development News Web開發新聞
ADVERTISEMENTS廣告
SITE MAPS網站地圖
Web Desing & Hosting UK , USA, Europe網頁設計與託管英國,美國,歐洲

WOWEB - Web Design WOWEB -網頁設計

FAST GATEWAY - Web Hosting快速通道-虛擬主機

INFOTX - Web Hosting Guides and Resources INFOTX -W eb託管和資源指南


ASHLEY GUEST HOUSE - Morecambe Guest House阿什利招待所-莫克姆招待所


Skin up marijuana cannabis weed forum皮膚了大麻,大麻草論壇
Linux Web Hosting Linux的虛擬主機

Never Be Lied To Again!絕不會騙了!

Subliminal Secrets Exposed潛意識的秘密接觸

Holographic Creation: Your Own Reality全息創造:你自己的現實


Masonic Secrets Revealed共濟會秘密透露


What You Aren't Supposed To Know你不應該知道


Conspiracy DVDs Cheap DVDs陰謀DVD光盤便宜的DVD
Debt Consolidation債務
7/7 7 / 7 Afghanistan阿富汗 Alternative-Energy替代能源 Art藝術 Barack Obama奧巴馬 BBC英國廣播公司 Big-Brother大兄弟 Bilderberg彼爾德伯格 Biometrics生物識別技術 Bush布什 CCTV中央電視台 Censorship檢查 CIA美國中央情報局 Climate-Change氣候變化 Cover-Up掩蓋 Cults邪教 Culture文化 Database-State數據庫的國家 David-Hicks大衛希克斯 David-Ray-Griffin大衛射線格里芬 Debt債務 Democrats民主黨 Demos演示 Drugs藥品 Education教育 Entertainment娛樂 Environmental News環境新聞 EU歐盟 False-Flag假旗 FBI美國聯邦調查局 Fraud詐騙 Free-Speech自由言論 Freemasons G8八國集團 Globalization全球化 Guantanamo關塔那摩 Health-News健康新聞 History歷史 ID-Cards編號卡 Internet互聯網 Iran伊朗 Iraq伊拉克 Israel以色列 John McCain約翰麥凱恩 Law Marches遊行 Media News媒體新聞 MI5軍情五處 MI6軍情六處 Microsoft微軟 Military軍事 MoD國防部 Money金錢 Music音樂 NASA美國宇航局 Neocons新保守主義 New World Order新的世界秩序 NSA國安局 Oil Pakistan巴基斯坦 Podcast播客 Police-State警察國家 Political News政治新聞 Propaganda中宣部 Reviews評語 RFID RFID技術 RINF Rumsfeld拉姆斯菲爾德 Science科學 Science & Technology News科技新聞 Secrecy保密 Security安全 Slavery奴隸制 Space空間 Sports體育 Spy間諜 Spying從事間諜活動 Stephen-Lendman斯蒂芬- Lendman Technology技術 Terrorism恐怖主義 Tony-Blair英國首相布萊爾 Torture酷刑 TV電視 UK-News英國新聞 UN聯合國 USA-美國, USA-News美國新聞 Video視頻 Voting投票 war戰爭 War & Terrorism News戰爭與恐怖主義的新聞 Warfare White-House白家 Wolfowitz沃爾福威茨 World-News世界新聞 World_News Yahoo雅虎
2003 - 2005 Archives 2003至2005年檔案 | 2005 - 2007 Archives 2005年-2 007年檔案 | 2007 - 2008 Archives 2007 -2 008檔案 | Current Archives目前檔案館 | Past Version |以往版本
About 大約 | | DVD Store DVD商店 | | Opinion 意見 | | Reviews 評語 | | Special Guests 特別來賓 | | Webmasters 網站管理員
The views expressed in the RINF news wire and newsletter are the sole responsibility of the author (s) and do not necessarily reflect the views of the webmaster. 中表達的意見RINF新聞電線和通訊是唯一的責任作者( s )和不一定反映意見的管理員。
RINF.COM: Breaking News & Alternative Media is Copyleft - Copy & Distribute Freely. RINF.COM :打破新聞和其他媒體的版權-複製及分發自由。 News Forum 新聞論壇