U.S. Owes 30% MORE To China Than Previously Thought
Video - China Financial News
China's Holdings Of U.S. Debt Revised Up To $1.16 Trillion
Video - China Financial News
China's Holdings Of U.S. Debt Revised Up To $1.16 Trillion
Update: Watch the 5 minute exchange between Paul and Bernanke here.
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Paul wants Bernanke to define a Federal Reserve note. Classic. This is not Ron Paul's subcommittee hearing, rather the full House Financial Services committee chaired by none other than Spencer Bachus who infamously said last year that the role of Congress is to serve the banks.
Rest his soul.
The real unemployment rate hovers above 22%, new job creation is stagnant, but Wall Street pay is up 5.7% this year to $130 billion.
All thanks to you, Mr. and Mrs. Taxpayer.
Michael Lewis and Dylan Ratigan wonder why taxpayer outrage seems to have dissipated so quickly. Has it really? Wisconsin doesn't happen without the residual, underlying, seething anger from the Wall Street bailouts.
McLaughlin is wrong. When people are scared and angry, they attack groups they perceive to be getting a free, cushioned ride. Hello, Wall Street.
Monica Crowley gets it right; the answer is Tim Geithner.
Video - Rolling Stone executive editor on illegal Psy-Ops story - Feb. 24, 2011
Also appearing is Bing West, the former Assistant Secretary of Defense under Reagan, marine combat veteran, and author, who delivers an intelligent advocacy for ending the war in Afghanistan.
ABC Video - Jonathan Karl - June 2010
To demonstrate how quickly the national debt is growing, we are posting this clip that aired on ABC eight months ago when the debt first crossed $13 trillion. We are now past $14 trillion. Excellent reporting from Jonathan Karl, including hypocrisy from Harry Reid that confirms what you already know.

HAMP isn't working and actually serves to entrap borrowers into foreclosure, by the millions in fact, which makes this the smart and correct policy decision. But politics is about perception, and this is not a good headline. For anyone.