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DOLLAR DIPLOMACY

OF BANK SUBSIDIES AND BAILOUTS

Taft was president from 1909 to 1913.  He developed the concept of ‘dollar diplomacy’.  Under this policy, leaders of sovereign countries faced being deposed unless they allowed free rein to American business and sought loans only from American banks.  President Jose’ Zelaya of Nicaragua was the first to face this American meat grinder.  Overthrow by S. Kinzer

Posted on Saturday, October 27, 2012 at 10:20AM by Registered CommenterLAUREN PAULSON | Comments2 Comments | References9 References

References (9)

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Reader Comments (2)

Christina Marlowe says: October 27, 2012 at 12:48 pm, @NAKED Capitalism

RE: Bill Moyers interview of Neil Bar-of-sky ....

“... There is one and only one solution to both the American and the entire Global problem of the thorough “financialization” of the Kleptocratic, Corporate-owned and Corporate-Run [Corporate Takeover] Fascist Dictatorships that have enthroned themselves to power. Here it is:

.. The CRIMINALS must be PROSECUTED for their CRIMES. Absolutely NOTHING will “change,” much LESS get “better” until and unless THAT happens. Indeed, if the CRIMINALS are ALLOWED to continue to PLUNDER, it will, in FACT, only get WORSE. MUCH WORSE.

.. ALL criminals involved in these monstrous, reprehensible, PATHOLOGICAL financial CRIMES, which were clearly, totally and willfully collaborated as a gigantic Scheme to Defraud and totally BILK the very citizens of this, our country, the United States, and, um, the entire world, MUST PAY.

.. Each one of these Criminals must be Indicted, Prosecuted to the fullest extent of THE NEW LAWS, (all of which will be made retroactive) and, finally, actually PUNISHED SEVERELY; Let me be perfectly clear: Each CRIMINAL that is found GUILTY in the Courts of Law, whether by a judicious Judge or by a Jury of his/her “peers,” shall be held fully accountable for their [blatant] CRIMES, and penalties will surely entail STIFF terms of imprisonment, along with the lawful SEIZURE of ALL ill-gotten gains.

.. We all know, for example, that George Bush, Dick Cheney…that list goes on and on: War Criminals; And let’s not forget Jamie Dimon, Lloyd Blankfein, Richard Fuld, Hank Paulson, Larry Sommers, Timothy Geithner, Alan Greenspan; And an astonishingly dizzying and countless number of all the other CRIMINALS; All should be on the TOP of the list for the vigorous investigations and thorough prosecutions.

.. We MUST HOLD each of these Serial PREDATORS/Criminals FULLY ACCOUNTABLE for their outrageous crimes of Fraud, Scheme to Defraud, Financial Elder Abuse, and countless other very serious Felonies.

.. In fact, they should ALL be publicly EXECUTED by HANGING.

http://billmoyers.com/segment/neil-barofsky-on-the-need-to-tackle-banking-reform/

October 27, 2012 | Unregistered CommenterRoberta Kelly

"... Anglo-American Oil Politics and the New World Order, Authored by F. William Engdahl ..

.. This is a story about power, power over entire nations and continents. The story describes the vehicle to that unparalleled power over nations, oil, and the vital role it has played in peace as well as wars in the past century. Henry Kissinger, the former American Secretary of State put it succinctly during the first oil shock of the early 1970's. He declared, "Control the oil and you control entire nations."

.. A thin red line runs through the history of the world since Fashoda, and that is covered in oil and blood. This book is not for the faint of heart, but it is meant to provoke reflection and discussion among those who can see beyond the daily media manipulation of reality that is called news ....

http://www.engdahl.oilgeopolitics.net/index.html

October 27, 2012 | Unregistered CommenterCompanion Book Review

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