We have the COP's November report in full PDF, a 1-page summary from Dr. Warren, the video report as delivered by Dr. Warren, as well as her Friday morning appearance on CNBC.
Video: President Banks Obama On Transparency -- '08 Campaign Speech
Considering what happened in the dead of Saturday night, this clip seemed quite appropriate. Sounds like Banks Obama also didn't anticipate that this particular $25 Billion AIG secret would ever see the light of day. Clip runs less than 2 minutes.
If Speaker Pelosi gets her way, these children's parents will go to jail if they don't buy health care.
Video: The 11/3 Project - The Daily Show's Jon Stewart Channels Glenn Beck - November 5
It's Friday so enjoy some comedy. Love or hate Glenn Beck, this is ridiculous stuff. One of Stewart's best performances ever. The entire skit changes near the 3:45 mark. Do not miss the 2nd half of this clip.
Leave it to the only avowed Socialist in the U.S. Senate to fight battles against Bailout Socialism. Bernie is fed up with too big to fail, so much so that today he officially introduced a remarkably simple 2-page bill aptly named the "Too Big To Fail, Too Big To Exist Act."
Song: Stockbroker Gregg Somerville Presents Should I Stay With Buy And Hold?
We've added a second song from Gregg inside.
I spoke today on the Morning Meeting about the four steps the government could take to fix the U.S. banking system and stop the ongoing and expanding corruption of our country. These simple solutions come from the litany of people that I speak with who seek to change the mega-casino our government has built during the past 10 years back to one built on investors, innovators and workers creating things that benefit society. Unfortunately, our current leaders want to take the easy road of sustaining the casino economy with what I like to call the Magic Money Machine. Except as with all magic, there's actually a trick; in this case, it is a large bill that will be left to those of us unfortunate enough to still be around when it comes due. Here are the four pieces of regulation that taxpayers should be demanding from their leaders:
Don't look for rose petals and purple unicorns in this piece from fund manager Eric Sprott. Rome is burning, officially, and it's just a matter of time until the United States defaults. The Peterson foundation keeps an unpleasant running count of our total national debt including unfunded obligations for social security and medicare. It's more than $55 trillion. That's a lot of promises made without a single dollar allocated. Remember that next time you hear Krugman or some other Keynesian tell you that deficits don't matter.
As most of you know, Libertarian Eye Surgeon Dr. Rand Paul is in a heated race in Kentucky to replace retiring Senator and hall of fame pitcher, Jim Bunning. Paul, running as a Republican, is not well liked by the state GOP establishment who is supporting Trey Grayson instead.
Is Paul Volcker starting to crack?
Larry Summers, Tim Geithner and President Obama all agree; there will be no call to split-up the largest banks under their watch. Makes you wonder why Volcker even bothers. As the lone voice of sanity in a sea of Wall Street capture, Volcker's story is told.
Is former Federal Reserve Chairman Paul Volcker being silenced by Larry Summers, Tim Geithner and the rest of the Obama administration?
It's no secret that Volcker believes that portions of Glass-Steagall should be re-implemented, meaning the largest hybrid banks would be forced to shed assets, choosing either commercial or investment banking, but not both.
The transcript and reaction from Bartiromo are inside.
This is the most enjoyable Ron Paul interview we've ever come across -- from Larry King last Thursday. All bases are touched: healthcare reform (Congressman Paul is a practicing physician), corporatism versus capitalism, lobbying's influence on legislation, our 1-party system, the illegal wars in Iraq and Afghanistan, Wall Street's Capture of Washington, the Federal Reserve, bailouts, liberty and the forgotten Constitution.
Again, why is this man not President? No one else even comes close. Set aside 9 minutes, and do NOT quit early. The final 60 seconds are important.
Nov 9, 2009 at 4:27 PM
