Wednesday
Dec022009
Kudlow Report: Ron Paul And Peter Morici Debate Fed Transparency (Kudlow Calls Bernanke The Tiger Woods Of Monetary Policy)
Video: Congressman Dr. Ron Paul And Economist Peter Morici Debate Federal Reserve Independence And Transparency With CNBC's Larry Kudlow -- Aired November 30, 2009
And Larry doesn't extend the Tiger Woods reference as complimentary, but a jab at Woods' silence and secrecy, not unlike that of Chairman Bernanke. Outstanding clip.
Watch (don't click unless you're coming from our email newsletter)
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Reader Comments (15)
"I think it's quite dangerous for banks to be revealed when they go to the discount window and borrow some money. You could have a run on the bank...."
It's a much better situation (for Goldman Sachs) to buy puts on that bank with taxpayer money, let the bank collapse, then have the FDIC (aka the taxpayer) make the depositors whole again. This way the Fed can steal money three different ways!!!! From the shareholders, the depositors and the taxpayers!!!
Holy Hell
THE DEMONIC NETWORK BRANCHES OFF AND SPREADS ITS LETHAL TENTACLES ACROSS THE LAND DEVOURING AND DECEIVING EVERYTHING IN ITS WAKE LIKE THE NASTY SPLOOGING VACCUUM OF DOOM THAT IT IS.
STAND TALL FOR UNIVERSAL TRUTH, FREEDOM, LOVE, INTEGRITY, AND THE CREATOR HIMSELF WHO GAVE US THE QUALITY MORALS TO LIVE BY TO BETTER OURSELVES AND OUR CHILDREN. THESE LAST DAYS ARE THE MOST IMPORTANT IN YOUR LIFE. DONT GIVE IN TO THE DRAGON, PISS ON THE DEMON.
CRUSADERS OF LIGHT UNITE AGAINST THE WICKED WHO BRING US GENOCIDE, MISERY, AND TYRANNY.
WE'VE TALKED ABOUT THE CAPS BEFORE, HAVEN'T WE?????!!!!!
Just harsh reality facts..no debates, no creative scream at each other........a thankless service will continue...
Tyrany to be fought
Run on the U.S. Dollar ....Soon
Within the next 12 months, the U.S. Treasury will have to refinance $2 trillion in short-term debt. And that's not counting any additional deficit spending, which is estimated to be around $1.5 trillion.Put the two numbers together. Then ask yourself, how in the world can the Treasury borrow $3.5 trillion in only one year? That's an amount equal to nearly 30% of our entire GDP. And we're the world's biggest economy. Where will the money come from?
How did we end up with so much short-term debt? Like most entities that have far too much debt – whether subprime borrowers, GM, Fannie, or GE – the U.S. Treasury has tried to minimize its interest burden by borrowing for short durations and then "rolling over" the loans when they come due. As they say on Wall Street, "a rolling debt collects no moss."
What they mean is, as long as you can extend the debt, you have no problem. Unfortunately, that leads folks to take on ever greater amounts of debt... at ever shorter durations... at ever lower interest rates. Sooner or later, the creditors wake up and ask themselves: What are the chances I will ever actually be repaid? And that's when the trouble starts. Interest rates go up dramatically. Funding costs soar. The party is over. Bankruptcy is next.
When governments go bankrupt, it's called a "default." Currency speculators figured out how to accurately predict when a country would default. Two well-known economists – Alan Greenspan and Pablo Guidotti – published the secret formula in a 1999 academic paper. The formula is called the Greenspan-Guidotti rule.
The rule states: To avoid a default, countries should maintain hard currency reserves equal to at least 100% of their short-term foreign debt maturities. The world's largest money-management firm, PIMCO, explains the rule this way: "The minimum benchmark of reserves equal to at least 100% of short-term external debt is known as the Greenspan-Guidotti rule. Greenspan-Guidotti is perhaps the single concept of reserve adequacy that has the most adherents and empirical support."
The principle behind the rule is simple. If you can't pay off all of your foreign debts in the next 12 months, you're a terrible credit risk. Speculators are going to target your bonds and your currency, making it impossible to refinance your debts. A default is assured.
So how does America rank on the Greenspan-Guidotti scale? It's a guaranteed default.
Mercy My Lord
AMEN
Instead of any appreciation @DB
Editing without consent, screams at CAPS
lol
Enjoy ur evening
End of broadcast for 2009
Here is Clip today@http://www.dailypaul.com/
Ron Paul asks Hillary Clinton if she supports Bush Doctrine 12/02/2009
Dr. Ron Paul is in my prayers all the time for his Safety
For God sake Dr. Ron Paul served in the Military and these fucking crooks who Q?
I want these fucks to be shipped to Afghanistan and face Taliban..........Taliban is not AL QAEDA..PASTUNS
Fucking assholes.
12/2/09 Ron Paul on Fox Business: Obama Preparing for Perpetual War
http://www.youtube.com/watch?v=k1tFvvjgMjQ&feature=player_embedded
BERNANAKE ALQAEDA chief is controlling Washington Criminal rulers. he is laughing with High TV Drama Show. Criminals rulers have sold their souls America
Will you ever wake up and search your souls now? Now only Brutal civil unrest will consume us all next
AMEN
http://www.pushhamburger.com
Fellow Americans :
Our Friend: God Bless Jim Bunning......(1)202.224.4343
Fellow Americans....Keep Selecting our friends and Foes
Make a list now: Who ever nominates Bernanke is TRAITOR of USA A Republic
http://schumer.senate.gov/new_website/contact.cfm
TruTV | December 3, 2009
Jesse takes questions from viewers about upcoming episodes of ‘Conspiracy Theory’ his new TruTV show which debuted last night. The first episode covered the secretive HAARP project and aspects of weather manipulation.
http://livestream.com/trutv
http://www.infowars.com/jesse-ventura-chats-about-debut-of-trutvs-conspiracy-theory/
Jesse Ventura, you are THE MAN!
NOW IS THE TIME FOR ALL AMERICANS TO END THIS MADNESS!
TAX PROTEST 2010. WHEN 10 MILLION AMERICANS NO LONGER PAY THEIR TAXES, THEY WILL NO LONGER BE ABLE TO FUND THE ILLEGAL MURDER OF COUNTLESS INNOCENTS.
http://taxfreeamerica.blogspot.com/2009/12/tax-protest-2010.html
Silence now
OK prepare folks.............Dr. DOOM has Screamed with harsh reality
When will bamboozled USA generation wake up?
AMEN
DONE......................GOOD BLESS ALL
December 3rd, 2009
Ron Paul will be the lead guest tonight discussing Bernanke, the Fed and “Fiat” money.
5pm EST on Fox News.
Must watch fellow Americans
lol
fuckers@DB
Good bye