The Daily Bail

@DB

I posted this in comments under "B-52: We Have A Plan to Suck Reserves" just a few minutes ago (probably just before or after you posted it here), but here are just two of several choice morsels from this clip:

Ratigan: "The Federal Reserve just extended $14 Trillion of our money, our children's money, America's future...and now they don't want to talk about what's in the bag. And they did it because the banks created a garbage bag full of bad debts." (4:45)

"I feel as if America has suffered the greatest theft and cover-up -- ever, ... where banks created a pile of garbage, that they paid themselves billions of dollars in personal compensation, and then stuck the trillions of dollars worth of garbage with the American taxpayer. That, to me, is stealing." (7:05)

Ratigan's new show is a Daily Bail-er's dream show -- I had high hopes, but I never thought it would get this good.

http://www.scientificamerican.com/podcast/episode.cfm?id=profanity-bleeps-physical-pain-09-07-13

No problem DB - you gotta let it out! Profanity CAN ease your pain - it's a scientific fact. I continue to prove the hypothesis every day!

@ Angry Jones

Thanks for the link. Well, at least we know why dropping a few F-bombs seems to ease stress every once in a while. Catharsis backed by Science. Now if only you could dig us up something on firing squads or life in prison, we can finally have closure. I am only half kidding.

New York Senator Kirsten Gillibrand Supports New 9/11 Investigation -

http://www.anonymousphysicist.com

One thing they fail to mention is that the money borrowed from the federal reserve has to be paid back (vicariously by the american people) WITH INTEREST.. There will never be enough money in circulation to pay the debt back plus interest, and so the federal reserve will need to print more money (and then charge interest for it) so that banks can pay back the debt. And so it will go until it has reached its mathmatical limits and the dollar is so devalued that the entire system falls apart. The federal reserve/government is essentially shifting wealth away from the people and to itself. It is no suprise they dont want to be audited!

So which came first,,, the chicken or the egg,,,, The Community Reinvestment Act of 1974, signed into law by the peanut farmer started this chain reaction; with Clinton adding to the problem by demanding even more relaxed lending standards by the banks for mortgage loans. And of course Bush played a role as well, as did Congress, when the regulators warned of FreddyMac and FannyMae problems in 2004. I personally don't have a problem with lobbists; my irritation is with our elected officials allowing themselves to be swayed by them.

Duane

The problem started with the Federal Reserve Act of 1913, and all distraction ( fingure pointing) has been propagated by the Banker Manifesto of 1892 to divert attention away from themselves as they steal/ sell our nation.

DB

"The move for term limits which had so much hope a decade ago, is now non-existent... "

They will resist with extreme prejudice all urgings to leave the "cookie jar" alone and settle for just one "cookie".

We need more shows and bits like this on T.V. Given the severity of the crisis, I don't see enough of this stuff on the main stream media. We have too much government, too much government spending and too much government intervention. Everywhere the government gets involved they screw it up. Just look at education, because of government intervention degree's are not only more expensive today, they're less valuable: http://www.globaldatingrevolution.com/culture/you-have-a-college-degree-so-what/

Discussion of the Fed as a Ponzi Scheme over poker & beer:

http://www.grupo.org/ponzi

Here's what they don't mention. The Fed is privately owned by the very banks it bailed out. Our money is printed by a private banking cartel which loans it to out country at interest. Until this issue is publicized and dealt with by abolishing the Fed and printing our own money at no interest (as the constitution stipulates) our country is in dire danger.

@ James Houston

"Very Well Said" What we all see in the media is only a show for the "Sheeple"........ The ones that have No Clue as to whats realy going on. Our Goverment is only "Little Puppets" hanging from Cheep String, doing what Stupid Little Puppets Do. What ever thAre told to do.

S. Gompers got it right too. It all started back in 1913. We need to get back to where it was in 1900. The IMF no longer needs to hide behind the goverment any longer. They just come right out and tell us what thier doing to us. I'll bet there aint more than 25 good guys in the goverment, working for us, and thier real eazy to spot.

The only differance between 2008 and now is that before 2008 we talked amungest our selfs on what they intend to do to us someday, and now were living in the world we once talked about.

All the puzzle pieces are now in place. Thier just waiting for the "IMF Glue to Dry" so they can lock in the "NWO Law" of the land we once called USA.

Most "Demmies" & "Repuplickos" cant evan see it comming. Very soon they will join us in the "Soup Lines & Death Panels" as they will no longer be needed. The new goverment is already in place with BHO under them. Why else would they pretend to answer to only BHO.

If the people wake up and look, its right in front of our faces. They just make it look like they answer to BHO for our entertainment. The last time someone wanted to open up the Fed, he was DEAD in 3 days down in the Great State of Texas......

The New Goverment can all ride in one "Little Yellow Bus".........................BHO will then be "Just the Bus Driver" !
Think About It...? He will have done his role for the "Shadow Goverment".

I just hope God saves us, before "They Get Us"....?

Thanks T. Dar, if you get a chance, do some reading on the monetary allegory of the Wizard of OZ, I think you will find it insightful...

Those times between 1890 and 1935 are very insightful towards what is going on today. but we are told to just pretend it is all a happy coincidence....

It is law vs. antilaw, and the fight to control your strawman.

http://www.constitution.org/mil/lawnanti.htm

http://realitybloger.wordpress.com/2010/02/26/killing-your-strawman-the-path-to-freedom/

Gobie the second one might interest you, it has a thing about birth certificates. To date I have been unsuccessful trying to get mine.

Here We Go................Great Clip !
Updated - Beware, Be Ready, the True Crash Appears Before Us

A follow-up from I.O's Celente posting of Friday, 5/7/2010
Overwhelming debt? No problem, they will just make sure everybody owes their livelihoods to everybody, in a fictitious world economy. Can't get way with "spread the wealth?" Then they will spread the debt. The commitment of U.S. Federal Reserve money to Greek debt is the further mass robbery of our Citizen taxpayers.
http://investigatingobama.blogspot.com/2010/05/beware-be-ready-big-crash-appears.html

Hi,

Hope this email finds you in good spirits.
The email below is pretty explanatory. If not, understand NY FED Reserve admitted electronic negotiable instruments are worthless.
Know what that means?

Alvie


Federal Reserve Bank
New York
“From: ucclaw-l-bounces@lists.washlaw.edu
On Behalf Of Joseph.Sommer@ny.frb.org
Sent: Friday, March 26, 2010 11:15 AM
To:xxx-xxx-xxx
Subject: Re: [Ucclaw-l] Electronic PromissoryNotes

If I were confronted with an "electronic promissory note", I would walk very slowly
away and break into a run as soon as I can.
They are a logical impossibility, along with electronic chattel paper and UCC 7 electronic
warehouse receipts.
The word "electronic" is miserably defined in all the statutes. But we all kinda sorta know
what it means: something in a computer, rather than in some more fixed medium. Of course, a
computer is made of matter and energy, just like a slip of paper or the side of a cow. So it
must mean something special to be "in a computer."
And it does! Most records are stably associated with a particular agglomeration of matter which--if it is not realty--can be
physically transferred from one person to another. This includes paper, cows, and DVDs. If the piece of paper or Old Bossy or
the DVD is uniquely distinguishable from any other piece of paper or cow or DVD that bears the same data structure, we have the basis for a system of negotiability.
However, computer records are not stably associated with any particular piece of matter.
Instead, they are stably associated with a system, which contains many pieces of matter amongst which the record may be sitting, at any
given moment. Or the record could be sitting in 12 places in the system; it makes no difference. You don't need a unique piece of
matter to uniquely identify an obligation—there is no unique matter (or energy) associated with the record. You just need an authoritative registry.
Hence the logical impossibility of an electronic promissory note. "Promissory note" means unique piece of matter. "Electronic" means
that there is no unique piece of matter, and we're dealing with authoritative registries.
UCC 8 gets this right. It has two property systems that rely on unique pieces of matter (registered and unregistered certificates), and
two systems that rely on authoritative registries (transfer agents and securities intermediaries.)
The cotton warehouse system gets this right, and talks in great detail about authoritative registries. UCC 7, 9 and UETA screwed up.
They are bad law—literally incomprehensibly bad law.
The courts will probably eventually define 7, 9, and UETA into registry systems of some kind.
But until then, I would treat electronic negotiability systems as if they were rabid cows.”

what about the leveraging of the assets 10:1 or even 80:1, earning commissions and interest on all of it.

it's leveraged banking that is the scam.

Who CREATED the garbage in the bag? Freddie Mac and Fannie Mae!! They encouraged and required banks to loan money to people who couldn't pay it back at inflated values! The Community Reinvestment Act (CRA) passed in Clinton era has "come home to roost." All of the toxic debt was created and financed by FNMA and FMDC, which are STILL DOING IT! Another program was rolled to finance 100% LTV loans! When will the banking industry put their foot down and say NO to the egregious lending practices and guarantees of the Federal government??

Hmmmmm...

http://www.youtube.com/watch?v=YJB8vPB9y6Q

The Community Reinvestment Act (CRA), was enacted by Congress in 1977 (12 U.S.C. 2901) and implemented by Regulations 12 CFR parts 25, 228, 345, and 563e, was intended to encourage depository institutions to help meet the credit needs of the communities in which they operate. Many hands of many administrations were involved;

http://en.wikipedia.org/wiki/Community_Reinvestment_Act

Sadly, it is not as simple as this law perpetuated by every administration back to Carter.


http://business.timesonline.co.uk/tol/business/industry_sectors/banking_and_finance/article3579171.ece

http://www.lewrockwell.com/dilorenzo/dilorenzo125.html

"When will the banking industry put their foot down and say NO to the egregious lending practices and guarantees of the Federal government?? "

Never, as long as the private FED exists, and the casino is open with no loss gaurantee's. Both parties have encouraged this and protected this since 1913. All expansions and contractions are controlled, and the fraud is played out over and over again, remember the S&L scandal to the tune of 1.4 trillion?