July 22 (Bloomberg) — State and local governments, forced to close budget gaps by firing workers and shutting schools, may pay at least $4.2 billion more in interest than companies with similar credit ratings on Barack Obama’s Build America Bonds.
The difference in borrowing costs shows elected and appointed officials are failing taxpayers, said Stanley Langbein, former counsel for the U.S. Treasury.

First, State policy makers are threatened with political sabatage, then they are threatened with “forfeiture” of federal funding if they don’t “get in line” with the Obama agenda. Above we see just one more indicator that the Obama agenda is the Corporate Finance agenda.

His climate policy, Cap & Speculate, is the Corporate Finance agenda of Wall Street. Basically, Obama invites Big Energy and Bankers to let their army of corporate lawyers and lobbyists write the telephone book version of hidden perks and benefits for themselves. Then Obama’s Health Insurance Industry Care package gets written by the Health Insurance Industry Lobby.  Of course this mountain of attorneys can produce an 1100 page agenda (from years of preparation) in a New York minute and pass it off as healthcare “reform”. Can Congress digest this in 30 days? Of course not - RAM it through.

But the vast majority of people in America are given NO consideration as to what is best for them. And as far as the States they live in – they too have been abandoned by Big Brother on Capitol Hill. Capitol Hill’s agenda is the GLOBAL AGENDA of the Intenational Elite. The people behind the Federal Reserve and its 14 partner Central banks–what we have referred to as the INTERNATIONAL BANKING CARTEL–are calling all the shots here.

When will the American people realize that their only remaining hope is their State Government. Your State government literally is a Federal “government in the wings” inasmuch as the structure, the leadership, the intent and the capabilities of State government represents the last remaining vestige of the American way of life or the American System, if you will, of sovereign credit – the sworn enemy of the usurous banking dynastys that have tried so many times to consume this nation since it was freed from the bank of England in 1776.

The chartering of State Bank’s modeled after the North Dakota charter, remain as the last viable restoration of a sovereign nation-state, which employs the Hamiltonian system of sovereign credit vs. the elitist system of international financiers, interposed between the people and their nations through a global system of central banks who control the monetary supply, the issuance of currency and interest rates, under an international mandate.

The first step in that restoration is the creation of these Sovereign State banks. It won’t happen, unless you MAKE IT HAPPEN. Big Brother Barack isn’t going to do this for you, as you can clearly see.

The alternative is a One World Government under centralized political and economic control, and if you think that Government has the average American Taxpayer’s best interests in mind then you better bend over, grab both cheeks and SPREAD THEM WIDE, because there is no K-Y jelly on the front end of what’s coming, and it’s coming fast and hard.

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