{"id":22267,"date":"2014-03-18T10:25:25","date_gmt":"2014-03-18T14:25:25","guid":{"rendered":"http:\/\/www.rightwinggranny.com\/?p=22267"},"modified":"2014-03-18T10:25:42","modified_gmt":"2014-03-18T14:25:42","slug":"new-stories-that-only-report-half-of-the-truth","status":"publish","type":"post","link":"https:\/\/www.rightwinggranny.com\/?p=22267","title":{"rendered":"News Stories That Only Report Half Of The Truth"},"content":{"rendered":"<p>Yesterday the<a href=\"http:\/\/www.bbc.com\/news\/business-26609548\" target=\"_blank\"> BBC<\/a> posted a story about the role of <a class=\"zem_slink\" title=\"Russia\" href=\"http:\/\/maps.google.com\/maps?ll=55.75,37.6166666667&amp;spn=10.0,10.0&amp;q=55.75,37.6166666667 (Russia)&amp;t=h\" target=\"_blank\" rel=\"geolocation\">Russia<\/a> and China in the financial collapse in the <a class=\"zem_slink\" title=\"United States\" href=\"http:\/\/maps.google.com\/maps?ll=38.8833333333,-77.0166666667&amp;spn=10.0,10.0&amp;q=38.8833333333,-77.0166666667 (United%20States)&amp;t=h\" target=\"_blank\" rel=\"geolocation\">United States<\/a> in 2008. The article notes that the <a class=\"zem_slink\" title=\"Russians\" href=\"http:\/\/en.wikipedia.org\/wiki\/Russians\" target=\"_blank\" rel=\"wikipedia\">Russians<\/a> and the <a class=\"zem_slink\" title=\"Chinese language\" href=\"http:\/\/en.wikipedia.org\/wiki\/Chinese_language\" target=\"_blank\" rel=\"wikipedia\">Chinese<\/a> considered creating a <a class=\"zem_slink\" title=\"Great Recession\" href=\"http:\/\/en.wikipedia.org\/wiki\/Great_Recession\" target=\"_blank\" rel=\"wikipedia\">financial crisis in the United States<\/a>, but did not act on the idea.<\/p>\n<p>The article reports:<\/p>\n<p style=\"padding-left: 30px;\"><strong>Now this is where we enter the territory of a geopolitical thriller. Mr Paulson:<\/strong><\/p>\n<p style=\"padding-left: 30px;\"><strong>&#8220;Here I&#8217;m not going to name the senior person, but I was meeting with someone\u2026 This person told me that the Chinese had received a message from the Russians which was, &#8216;Hey let&#8217;s join together and sell <a class=\"zem_slink\" title=\"Federal takeover of Fannie Mae and Freddie Mac\" href=\"http:\/\/en.wikipedia.org\/wiki\/Federal_takeover_of_Fannie_Mae_and_Freddie_Mac\" target=\"_blank\" rel=\"wikipedia\">Fannie and Freddie<\/a> securities on the market.&#8217; The Chinese weren&#8217;t going to do that but again, it just, it just drove home to me how vulnerable I felt until we had put Fannie and Freddie into conservatorship [the rescue plan for them, that was eventually put in place].&#8221;<\/strong><\/p>\n<p style=\"padding-left: 30px;\"><strong>For me this is pretty jaw-dropping stuff &#8211; the Chinese told <a class=\"zem_slink\" title=\"Henry Paulson\" href=\"http:\/\/en.wikipedia.org\/wiki\/Henry_Paulson\" target=\"_blank\" rel=\"wikipedia\">Hank Paulson<\/a> that the Russians were suggesting a joint pact with China to drive down the price of the debt of Fannie and Freddie, and maximize the turmoil on <a class=\"zem_slink\" title=\"Wall Street\" href=\"http:\/\/maps.google.com\/maps?ll=40.7063888889,-74.0094444444&amp;spn=0.01,0.01&amp;q=40.7063888889,-74.0094444444 (Wall%20Street)&amp;t=h\" target=\"_blank\" rel=\"geolocation\">Wall Street<\/a> &#8211; presumably with a view to maximizing the cost of the rescue for Washington and further damaging its financial health.<\/strong><\/p>\n<p style=\"padding-left: 30px;\"><strong>Paulson says this guerrilla skirmish in markets by the Russians and Chinese didn&#8217;t happen.<\/strong><\/p>\n<p>Now wait a minute. Even if the Russians and Chinese decided to manipulate American markets, the housing bubble was a result of the policies of the American Congress&#8211;no one else is to blame.<\/p>\n<p>I have posted the <a class=\"zem_slink\" title=\"YouTube\" href=\"http:\/\/www.youtube.com\/\" target=\"_blank\" rel=\"homepage\">YouTube video<\/a> <a href=\"http:\/\/www.youtube.com\/watch?annotation_id=annotation_918789&amp;feature=iv&amp;src_vid=NU6fuFrdCJY&amp;v=1RZVw3no2A4\" target=\"_blank\">&#8220;Burning Down the House&#8221; <\/a>before, but in case you missed it, here it is again. This video explains the cause of the 2008 financial meltdown. The information included in the video is a matter of public record, but has not been widely reported.<\/p>\n<p>Please watch the video and draw your own conclusions.<\/p>\n<div class=\"zemanta-pixie\" style=\"margin-top: 10px; height: 15px;\"><a class=\"zemanta-pixie-a\" title=\"Enhanced by Zemanta\" href=\"http:\/\/www.zemanta.com\/?px\"><img decoding=\"async\" class=\"zemanta-pixie-img\" style=\"border: none; float: right;\" alt=\"Enhanced by Zemanta\" src=\"http:\/\/img.zemanta.com\/zemified_h.png?x-id=23cbd814-7a57-4089-91cb-1a819fe6089e\" \/><\/a><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Yesterday the BBC posted a story about the role of Russia and China in the financial collapse in the United States in 2008. The article notes that the Russians and the Chinese considered creating a financial crisis in the United &hellip; <a href=\"https:\/\/www.rightwinggranny.com\/?p=22267\">Continue reading <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[7278,7275,332,5297,1076,333,1083,4626,285,737],"class_list":["post-22267","post","type-post","status-publish","format-standard","hentry","category-uncategorized","tag-chinese","tag-fannie","tag-fannie-mae","tag-federal-takeover-of-fannie-mae-and-freddie-mac","tag-freddie","tag-freddie-mac","tag-russia","tag-russians","tag-united-states","tag-wall-street"],"_links":{"self":[{"href":"https:\/\/www.rightwinggranny.com\/index.php?rest_route=\/wp\/v2\/posts\/22267","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.rightwinggranny.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.rightwinggranny.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.rightwinggranny.com\/index.php?rest_route=\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.rightwinggranny.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=22267"}],"version-history":[{"count":2,"href":"https:\/\/www.rightwinggranny.com\/index.php?rest_route=\/wp\/v2\/posts\/22267\/revisions"}],"predecessor-version":[{"id":22270,"href":"https:\/\/www.rightwinggranny.com\/index.php?rest_route=\/wp\/v2\/posts\/22267\/revisions\/22270"}],"wp:attachment":[{"href":"https:\/\/www.rightwinggranny.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=22267"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.rightwinggranny.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=22267"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.rightwinggranny.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=22267"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}