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Wednesday
Sep302009

Alan Grayson To Alex Jones: "The Fed's Lobbyist, This K-Street Whore Linda Robertson Is Trying To Teach Me About Economics" (Radio Broadcast, Sep. 24)

Listen to these 2 short clips (6 minutes each) and then email them to friends and start spreading the truth.  This one is important.

Congressman Alan Grayson spent 12 minutes with Alex Jones last Thursday on the eve of hearings Friday morning for Ron Paul's HR 1207 to audit the Federal Reserve.  Some background on Alex Jones for those who are unfamiliar or even more likely have the wrong impression.  Jones attacks and blames Republicans and Democrats with equal antipathy.  We assume he is a Libertarian though we have no confirmation.  Above all, he is one of thousand s of concerned Americans who seeks to expose hypocrisy and to re-elevate the platform of truth.

In the first clip, Grayson rails on Halliburton and other fraudulent military contractors while discussing the hidden gem found in the ACORN de-funding amendment from last week.  And in clip #2, Grayson and Jones discuss Bernanke, the Fed, bailouts, Wall Street, and especially the $500 billion in Fed currency swaps with foreign central banks that Grayson exposed in July during Bernanke's testimony before Congress.  And that's just the first 3 minutes.  The second half of clip #2 is dedicated to House and Senate passage of HR 1207 and how you can help make sure it happens.

Both clips and some seriously choice quotes are inside.

Watch

  • "Let's Stop The Fraud, Let's Stop The Cheating, Let's Start Over Again!"
  • "We The US Taxpayers were financing bailouts to virtually every single big, foreign company in the world, but not to our own."
  • "The banks have taken Uncle Sam made him into Uncle Sap.  They've treated us like saps for too long, and this is what this audit is going to expose."
  • "And why not, if you're doing Enron accounting, why wouldn't you hire Enron's lobbyist?"

 

Grayson-Jones Video #1

 

Grayson Video #2

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Reader Comments (18)

Derivatives: Bailed-Out Banks Still Making Billions Off Risky Bets
http://www.huffingtonpost.com/2009/09/28/derivatives-bailed-out-ba_n_300420.html
Sep 30, 2009 at 12:43 AM | Registered CommenterDailyBail
Realtor becomes Squatter - Realtor has Squatters Rights in Florida Apparently and NAR they Don't Care.
http://www.trialbyblog.com/2009/07/realtor-becomes-squatter-realtor-has.html

One of the craziest stories of abuse I've ever heard...and by a real estate agent no less...
Sep 30, 2009 at 12:44 AM | Registered CommenterDailyBail
Sep 30, 2009 at 12:46 AM | Registered CommenterDailyBail
Hedge-fund maestro John Paulson is tossing about a plan to save troubled lender CIT Group through a merger with IndyMac Federal Bank, according to people familiar with the situation.
http://www.nypost.com/p/news/business/paulson_plan_cqeTpX74nYVFe0kjLH9GGJ
Sep 30, 2009 at 12:47 AM | Registered CommenterDailyBail
Banker-Pay Limits May Hurt Citigroup, Bank of America
http://www.bloomberg.com/apps/news?pid=20601087&sid=av0Tkl_Q_pro

Exactly how it should be,,,failed banks shouldn't get the best and brightest....
Sep 30, 2009 at 12:48 AM | Registered CommenterDailyBail
Sep 30, 2009 at 12:49 AM | Registered CommenterDailyBail
Congressman who went werewolf on me now spooks Fed officials
http://trueslant.com/matttaibbi/2009/09/25/have-the-federal-reserve-or-prime-brokers-ever-tried-to-manipulate-the-stock-market/

Outstanding piece from Matt Taibbi on Alan Grayson himself...funny story...
Sep 30, 2009 at 12:51 AM | Registered CommenterDailyBail
This is all about Obama's mixed up priorities. I have said this many times before, Barry Soetoro (you know him as Obama the “Yes We Can” Acorn organizer Chicago thug politics guy) works for Paul Volcker. Volcker is the chairman of the central banking system's think tank and rule maker. I will make a bet that Barry Soetoro will not allow the Fed to be audited. How will he do this? The same way he became President without having to show his birth certificate (that was for you, DB). Okay, maybe he will need to start a war with Iran or maybe he will need to invoke the state secrets privilege. Either way, the day we see the Fed audit will be the day we see Obama's birth certificate, what is the expression, when hell freezes over. Alan Grayson is a smart guy, no doubt, but he is not exactly the epicenter of DC power. Don’t forget, Kennedy challenged the Fed.
Sep 30, 2009 at 2:36 AM | Unregistered CommenterGobias Bluth
You can't stop a train, Gobias...10 shekels says the Fed gets audited...
Sep 30, 2009 at 2:43 AM | Registered CommenterDailyBail
Anyone else listened to these clips yet...
Sep 30, 2009 at 12:58 PM | Registered CommenterDailyBail
Why was the mention of Ron Paul sponsoring this skipped over in the second clip?

There are a lot of "skips" in these clips.
Oct 1, 2009 at 2:03 PM | Unregistered CommenterOscar_DeGrouch
Oscar...I have no idea...i assume it was editing...
Oct 1, 2009 at 2:24 PM | Registered CommenterDailyBail
Alan Grayson has an ugly liberal meltdown, what's up with that?

Didn't Alan go to Harvard, his poster board presentation wouldn't have gotten a C+ in third grade. Well, at least we now have a better understanding of how Barry Soetoro got through Harvard. Harvard has one of the lowest failure rates which explains a lot. For a bunch of people (Ted Kennedy, Mr. Grayson, Barry Soetoro, etc.) who hate capitalism, they sure like to use their connections and wealth to the hilt.

Alan Grayson needs to think over his next move before we see him as just another crazy lib.
Oct 1, 2009 at 7:00 PM | Unregistered CommenterGobias Bluth
I assume you are talking about his health care video from the House floor yesterday...it was histrionics...i just don't go there...we've discussed it many times...the anti-bailout coalition is not homogeneous in any sense...from the far left to the far right...so when one of our greatest supporters gets very partisan about an issue as contentious as health care, it's better for us not to cover it...

It would just cause division and be distracting...

I have hesitated giving my opinion on health care because it's pretty radical, but i think it makes the most sense and is where we are headed anyway...

I studied abroad my third year at Virginia in Southern Spain, Grananda to be precise...was there 11 months as I took a 2 month internship with NBC in Barcelona for the summer before coming back home for my final year of school...and i think honestly, the model i saw in Spain was the best...

It eliminates private insurance entirely, which is a positive in my view, but it is a 2-tiered system...single payer (the gov't) available to anyone and private health care for those who have the means to pay cash...

90% of folks just used the gov't plan and the 10% who could afford to, chose private doctors...the interesting part was the cost however...since the private doctors didn't have to deal with and bill insurance but were instead paid in cash, the bills were about 50% lower than what they would otherwise be...

So the high-end private care drops dramatically in price but you have no insurance to help you pay...and the lower-tier single-payer plan seemed to work fine for everyone else...

I think we are eventually headed to single payer here in teh US and then like magic you will see an all-cash private option flourish for the wealthy...and in my view it would be better than the non-competitive free market that insurance enjoys currently...
Oct 2, 2009 at 12:43 AM | Registered CommenterDailyBail
DB writes...It eliminates private insurance entirely, which is a positive in my view, but it is a 2-tiered system...single payer (the gov't) available to anyone and private health care for those who have the means to pay cash...

Yes, I totally agree. I think this should also apply to housing. Single payer homes (the gov’t) available to anyone and private homes for those who have the means to pay cash.

So the high-end private homes drop dramatically in price but you have no mortgages to help you pay...and the lower-tier single-payer plan seemed to work fine for everyone else...

I also think we are eventually headed to single payer here in the US and then like magic you will see an all-cash private housing market flourish for the wealthy...and in my view it would be better than the non-competitive free market that banks enjoy currently...
Oct 2, 2009 at 6:44 PM | Unregistered CommenterGobias Bluth
The problem Gobas is there is NOT competititon in many states...a single insurance company holds a monopoly...that is not the free market...and it should be abolished...force real competition everywhere...and rates will fall...

My idea would get rid of private insurance entirely...I'll take either one and be happy but the current system of insurance monopoly must change...it's a license to steal...
Oct 2, 2009 at 7:38 PM | Registered CommenterDailyBail
Let's not forget, either, that medicine, like college tuition, is funded largely by debt -- much of it govt debt (but corporate and household as well). That's why we still have bubbles in those areas -- no debt deflation there. Debt, plus cash spending, drive up prices as we all know. But the govt isn't sure it wants either one of those bubbles to pop.

On the other hand, most European countries have (or had) a dedicated civil service class. We have surly, second-rate bureacrats. It makes a difference.
Oct 2, 2009 at 7:55 PM | Unregistered CommenterJames H

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