Friday
Nov202009
Entries by DailyBail (6219)
Nov 20, 2009 at 11:26 PMFriday
Nov202009
Tempers Flare In Clash Over Fed Secrecy As Grayson Reminds Watt: "The Road To Hell Is Paved With Good Intentions"
HR 1207 Audit The Fed Video: Alan Grayson Clashes With Fed Apologist Melvin Watt -- House Financial Services Hearing -- Aired November 19, 2009
Friday
Nov202009
Ron Paul Slams The Watt Amendment: "The American People Are Sick And Tired Of Secret Government"
HR 1207 Audit the Fed Video: Ron Paul Attacks the Watt Amendment -- House Financial Services Committee -- Aired November 19, 2009 -- Runs 5 Minutes
Friday
Nov202009
Thursday
Nov192009
Daily Bail Exclusive With David Walker: "Young People Wake Up, Ignorance And Apathy Make For A Toxic Mix"
David Walker is the former Comptroller General of the United States (the nation's top independent accountant), and is the current President and CEO of The Peterson Foundation, a group we've highlighted several times, and whose founder Pete Peterson is a multi-decade champion of fiscal responsibility, and a former Wall Street CEO (Lehman Brothers and The Blackstone Group and Chairman of The New York Fed from 2000 to 2004).
From the Peterson Foundation mission statement:
Our mission is to increase public awareness of the nature and urgency of key economic challenges threatening America's future and accelerate action on them. To meet these challenges successfully, we work to bring Americans together to find sensible, sustainable solutions that transcend age, party lines and ideological divides in order to achieve real results.
Among many noteworthy projects, The Foundation helped fund the production of I.O.U.S.A., a commercial film focusing on America's fiscal issues, which many of you saw here.
This week in Chicago, The Peterson Foundation is funding Mobilize.Org's Millennial Youth Summit, Democracy 2.0, which we are attending as press/participants. David delivered the keynote speech this morning and we spoke with him exclusively after his address.
Zach and Josh do the honors.
Wednesday
Nov182009
Tuesday
Nov172009
Lou Dobbs Makes A Graceful, Conspiratorial Exit (SNL Rip)
Saturday Night Live Video: Loud Dobbs Makes A Graceful, Conspiratorial Exit -- Aired Nov. 14
Lou Dobbs appeared claiming he retired from CNN because he thinks the "C" stands for the Spanish "si." Dobbs (Darrell Hammond) calls his replacement, John King, "Juan" -- a colleague who may have paid for his ascension with drug money. Runs 2 minutes.
WatchTuesday
Nov172009
Nationwide Unemployment County By County (Time Lapse '06-'09)
Click the image to see the unproductive scourge of recessionary unemployment come sharply into focus, county by county (time-lapse chart runs 30 seconds). As far as we can tell, the figures are based on the BLS U3 measurement and thus don't show the true nature of job destruction that is reflected by U6 (17.5%). Also, since these figures come from BLS they don't reflect the recently announced mea culpa on the birth-death adjustment for '09 of 824,000 phantom jobs.
Definitely impressive, but it lacks the action of this piece.
Tuesday
Nov172009
For The Next Week, Joe Biden's In Charge (SNL Video)
Saturday Night Live: Biden Assumes The Position While Obama Travels To Asia -- Aired Nov. 14
Vice President Biden (Jason Sudeikis) believes he can get health care reform passed in a week while the President is gone. Banks Obama embarked on a nine-day trip to Asia Thursday, "so for the next week, Joe's running things."
Tuesday
Nov172009
Arrogant Fed Hasn't Learned A Thing
Mishkin Impossible -- By Bill Fleckenstein
The bubbles, toils and troubles that nearly wrecked the financial system should've been obvious to the policymaking numbskulls whose monetary tricks made matters worse.
"Arrogant and incapable of learning."
When a teacher uses those words to describe a student, it's an isolated (if regrettable) situation. But the repercussions are widespread when "arrogant and incapable of learning" fits the Federal Reserve like a glove.
Still clueless after all these bubbles
Frederic Mishkin, a former member of the Fed's board of governors, wrote an article in last Tuesday's Financial Times that displayed that he, and presumably other Fed heads, have learned exactly nothing from the disastrous consequences of their activities in printing money over the past couple of decades.
Friday
Nov132009
Janet Tavakoli On Derivatives & Bear Stearns Sub-Prime Fraud
Video: Janet Tavakoli Interview On Fox Business News -- Aired November 11 -- Runs 3 Minutes
Friday
Nov132009
Ratigan, Nomi Prins, & Henry Blodget On Wall Street Compensation
Video: Dylan Ratigan, Ex-Goldman Director Nomi Prins & Henry Blodget Trash Goldman Sachs, AIG, and Wall Street's Bailout & Bonus Culture -- Aired November 12 -- Runs 6 Minutes
Friday
Nov132009
Thursday
Nov122009
