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Just in time for the collapse of the capitalist economy, the folks in charge are gearing up for fascism. More comprehensive post coming soon, but this stuff is scary [alex]
Originally published by Democracy Now!
Beginning in October, the Army plans to station an active unit inside the United States for the first time to serve as an on-call federal response in times of emergency. The 3rd Infantry Division’s 1st Brigade Combat Team has spent thirty-five of the last sixty months in Iraq, but now the unit is training for domestic operations. The unit will soon be under the day-to-day control of US Army North, the Army service component of Northern Command. The Army Times reports this new mission marks the first time an active unit has been given a dedicated assignment to Northern Command. The paper says the Army unit may be called upon to help with civil unrest and crowd control. The soldiers are learning to use so-called nonlethal weapons designed to subdue unruly or dangerous individuals and crowds.
This latest turn of events signals quite literally the end of capitalism. We in the US are now entering the age of fascism.
More on this story soon. For now, answer me this: what would you do with $700 billion?
[alex]
Democracy Now! covered this today pretty thoroughly. Here’s the audio.
And here’s one article among thousands, this one from wallstreetpit.com
Treasury Sends Congress Unprecedented $700 billion Bailout Plan
By Ron Haruni · September 20, 2008
According to Saturday’s news reports, the federal government is asking Congress for $700 billion to buy up bad debt from U.S. financial institutions in efforts to deal with the ongoing financial crisis.
The plan, part of the government’s largest financial bailout since the 1930s, would give the government broad power to purchase distressed assets of any U.S. financial institutions Read the rest of this entry »

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