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« Sen. Bernie Sanders: "I Absolutely Will Not Vote For Mr. Bernanke" | Main | ATTENTION: RSS And EMAIL Subscribers »
Friday
Nov272009

The Federal Reserve Must Be Stopped -- And Your Help Is Needed (Please Watch And Pass Along)

Video: Rep. Alan Grayson Questions Elizabeth Coleman, Inspector General Of The Federal Reserve -- At Question Are Trillions, Who Is Watching The Money?

Story background is here >>

Despite arduous effort on behalf of many, nothing has changed since May when this clip was uploaded to youtube by Grayson's staff.  The Federal Reserve is still free to do as they please, while the dollar is destroyed by their Wall Street bailout policies and quantitative easing-debt monetization.  In many ways it remains the single most important video we've ever seen or posted.  In the approximate 5 months this story has been posted, it has received more than 1.5 million hits here on The Daily Bail and certainly millions more elsewhere.

There are approximately 200 million internet users in the United States and perhaps 4 million have seen this clip or a copy.  Roughly 2%, which is outstanding, but could be much higher.

We have just begun to utilize a new 'Email Sharing' feature (shown above) that you have seen on many of our stories lately.  The function allows you to access your entire email address book and with just a few clicks send this video to everyone on your list.

And that is what we are asking you to do.  All the regulars.  All the passers-by.  RSS and Email readers will have to come to this story to access the feature.

We are setting a goal of 10 million viewers.  It is achievable.  But it won't work unless enough of you take the time to get it started.  Pay it forward for the next generation.

If you send it to 100 others (the honor system) please post in comments, and I will add your name to the bottom of this post.

Click the 'Email' icon when the window opens and it will give you the option of accessing your address book for sending multiple emails.

----------

Thank you!

----------

Email Honor List

S.T.             338

Kryptic        150

Sonic            50

----------

PrintView Printer Friendly Version

EmailEmail Article to Friend

Reader Comments (33)

Done. I sent it to 338 people. I've been coming to your site for a few months and have never seen this before. Coleman should be out of a job. That was disgraceful. Your effort to make voters aware is appreciated.
Nov 27, 2009 at 7:25 PM | Unregistered CommenterSteady Traveler
Glad to help. You do nice work with your site. Sent it to about 150 friends and co-workers and asked them to forward it to others.
Nov 27, 2009 at 7:31 PM | Unregistered CommenterKryptic
Does this have anything to do with Obama yet?
Nov 27, 2009 at 9:09 PM | Unregistered Commentergobias
GROUP OF THIRTY PLAN FOR OVER TWO YEARS...READ THE REPORT ON THEIR WEBSITE..

Nov. 27 (Bloomberg) -- Federal Reserve Chairman Ben S. Bernanke said a “strong case” can be made for keeping the central bank involved in bank supervision, and subjecting interest rate policy to congressional audits may undermine confidence in monetary policy. “There is a strong case for a continued role for the Federal Reserve in bank supervision,” the Fed Chairman said in a commentary released today on the Web site of the Washington Post. “Because of our role in making monetary policy, the Fed brings unparalleled economic and financial expertise to its oversight of banks.”
Nov 27, 2009 at 11:35 PM | Unregistered Commentergobias
Going to the well with this video DB, oh well. I have always tried to help you but lately you have been mia.

More Obama, less Leibowitz.
Nov 27, 2009 at 11:37 PM | Unregistered Commentergobias
Don't lose sight of the importance of this video, especially you, gobias. This singularly describes the level of incompetence, conceit, and maybe most importantly, the power brokers ability to shield themselves from any kind of performance standards. Those with little competence hire more of the same, then together they create a cocoon of protection.

They do this with our lives, money and production as their tools. Without this type of mass communication we are left unable to make even the slightest dent to their demented charade.

Look at her! Do you think an "A" level bureaucrat "executive" hired her? Do you think she is capable of identifying an "A" if it walked through her door? Or if she would hire one if she could?

We're at a critical crossroad, one that could turn the tide in our favor or make the task even more insurmountable.

Pass it forward!!!!!
Nov 28, 2009 at 1:50 PM | Unregistered CommenterOberon4life
USA CRIMINAL POLITICIANS,BANKERS,CORP CROOKS AND CANCER



The Goldman Sachs Disease Is Spreading, 15 Signs of Metastasization

In The Battle for the Soul of Capitalism Jack Bogle no longer sees Adam Smith's "invisible hand" driving "capitalism in a healthy, positive direction."
Today, his "Happy Conspiracy" of Wall Street plus co-conspirators in Washington and Corporate America are spreading a contagious "pathological mutation of capitalism" driven by the new "invisible hands" of this new "mutant capitalism," serving their selfish agenda in a war to totally control America's democracy and capitalism.

The "Goldman Conspiracy" is the perfect B-school case study of Wall Street's secret contagious pathology, with insiders like Lloyd Blankfein, Henry Paulson and others pocketing billions more of the firm's profits than shareholders, evidence the new "mutant capitalism" has replaced Adam Smith's 1776 version which historically endowed the soul of American democracy as well as our capitalistic system.

Sadly for America Goldman's disease is rapidly becoming a pandemic spreading beyond Wall Street's too-greedy-to-fail banks, infecting our economy, markets and government as it metastasizes globally.

What are the symptoms of this growing "soul sickness," this "pathological mutation of capitalism" Bogle fears? Recently we reviewed the consequences of this "soul sickness."

Today we'll paraphrase news reports about 15 symptoms spreading "soul sickness" beyond the boundaries of this Goldman case study: These are the 15 signs of a moral pathology undermining not just banking but American democracy and capitalism.
http://www.marketwatch.com/story/15-signs-wall-street-pathology-is-spreading-2009-11-24
Nov 28, 2009 at 1:56 PM | Unregistered CommenterKen
WHERE THE HELL HAVE THE GROWNUPS GONE?
By CW
stu pid
??/stupid Show Spelled Pronunciation [stoo-pid] Show IPA adjective, -er, -est, noun
adjective

1. lacking ordinary quickness and keenness of mind; dull.
2. Slow to learn or understand; obtuse.
3. Tending to make poor decisions or careless mistakes.
4. Marked by a lack of intelligence or care; foolish or careless: a stupid mistake.

A year after winning the highest office on the planet, the Chicago 3 - that being President Obama, his chief of staff Rahm Emanuel and top policy adviser David Axelrod - has clearly established the fact that they still have no vision for the country, no knowledge of, or regard for America’s leadership position in the world. Obama’s penchant for kowtowing to foreign politicians is an affront to the still proud people who call themselves…”the Americans”. They see the grotesque ritual as yet another manifestation of an intentionally corrosive policy of aggressive neglect with respect to the values and traditions of our country. The indecisiveness and inaction, the bowing and apologizing to the world, the teleprompter…it’s all been wearing thin. Could anyone picture Hillary Clinton curtseying ?

http://bullshitproof.net/?p=477


http://bullshitproof.net/?
Nov 28, 2009 at 1:57 PM | Unregistered CommenterKen
Iraq war now going on 2 trillion $$$
enough to pay off everyones mortgage in the country and pay for healthcare for all for 80 years, thanks a lot neocons, but I guess everyone makes mistakes


"Iraq is a very wealthy country. Enormous oil reserves. They can finance, largely finance the reconstruction of their own country. And I have no doubt that they will."

Richard Perle, chair
The Pentagon's Defense Policy Board
July 11, 2002
"The likely economic effects [of a war in Iraq] would be relatively small.... Under every plausible scenario, the negative effect will be quite small relative to the economic benefits."

Lawrence Lindsey
White House economic adviser
September 16, 2002
"It is unimaginable that the United States would have to contribute hundreds of billions of dollars and highly unlikely that we would have to contribute even tens of billions of dollars."

Kenneth Pollack
former director for Persian Gulf affairs
National Security Council
September 2002
"The costs of any intervention would be very small."

Glenn Hubbard
White House economic adviser
October 4, 2002
"Iraq has tremendous resources that belong to the Iraqi people. And so there are a variety of means that Iraq has to be able to shoulder much of the burden for their own reconstruction."

Ari Fleischer
White House press secretary
February 18, 2003
"When it comes to reconstruction, before we turn to the American taxpayer, we will turn first to the resources of the Iraqi government and the international community."

Donald Rumsfeld
Secretary of Defense
March 27, 2003

"There is a lot of money to pay for this that doesn't have to be US taxpayer money, and it starts with the assets of the Iraqi people. We are talking about a country that can really finance its own reconstruction and relatively soon."

Paul Wolfowitz
Deputy Secretary of Defense
testifying before the defense subcommittee
of the House Appropriations Committee
March 27, 2003
"The United States is very committed to helping Iraq recover from the conflict, but Iraq will not require sustained aid."

Mitchell Daniels, director
White House Office of Management and Budget
April 21, 2003

"The allies [have contributed] $14 billion in direct aid."

Dick Cheney
vice presidential debate with
Democratic candidate John Edwards
October 5, 2004

Actually, only $13 billion was pledged, and on the date Cheney spoke only $1 billion had arrived. As of October 28, 2007, the National Priorities Project estimated that the share of Iraq War costs that had been borne by American taxpayers exceeded $463 billion. --C.C.&V.N.
November 28, 2009 | Unregistered CommenterKen
and OBAMA Criminal Gang robbed the Republic 100x faster than Clintons & Bush Sr./Bush Gang Criminals

The government clearly took the bubble route when they decided to set record amounts of government spending, printing and stimulus. It is one thing to stimulate money going into consumer's pockets, but $3 billion for Cash for Clunkers, $24 billion for first home buyer's credit, $787 billion in American Recovery and Reinvestment Act, and $700 billion in TARP. With all the spending, we were able to rack up debt in the amount of 10% of our GDP, just in 2009! Not only that, but we are also BORROWING at more than six times the amount we borrowed last year. Fortunately, for the US Treasury, foreign nations still have found value in investing in the dollar. However, due to increasing large currency printing and spending, the dollar continues to get trampled on when compared to other major currencies. At this rate, you can expect foreign economies to quickly stop buying our debt.

What is really devastating in all of this, is the lack of money that is getting into consumer's hands. Sure, Goldman Sachs and other Wall Street banks are making a killing, borrowing the Fed's money at 0% and investing them in riskier assets. However, bank loans shrank at an annual rate of $931.3 billion in the 2nd quarter of this year. And listen to this scary fact: prior to the fall of Lehman Brothers, it took the Fed almost 14 years to double the monetary base (currency and reserves in the banks). After the recent Lehman fall, it has only taken the Fed 196 days to do the same (45 times the amount!)

When our government chose to take this route of recovery, it was the "quick-fix" band-aide choice that we've seen in times past. The only problem is (as we've seen), is that it eventually comes back to haunt us. Now with Dubai Debt Collapse has exposed the real estate Bubble is a Global scam and USA already suffering from residential bust and now in 2010 all hell hits the shit fan from commercial real estate. China and India Real estate bubble is extreme too and it will be USA & CHINA real estate crumbling which will bring down the banks to bust pit again next.

You have become irrelevant ...................THE SOB'S COULD GIVE LESS ABOUT YOU

You wanted change and your getting it ...

"right up the kazoooo

It's time we drew a line in the sand.

If ever there was a time to revolt ... "It's now."

(((((ONLY THE WAY YOU CAN SAVE THE COUNTRY=REVOLT NOW))))))

That's what our founding fathers recommend when all else fails.
We no longer have a government. We now have a club of
indictable, murderous, establishment criminals.

What you see is what you are getting!

HTTP://WWW.PUSHHAMBURGER.COM

BRAIN FOOD FOR THOSE WHO GIVE A DAMN
Nov 28, 2009 at 1:58 PM | Unregistered CommenterKen
Force the Senate to fire Bernanke !!!
Folks, we need to be very proactive instead of just expressing our frustration. We have only until 3 December Senate hearing to call Senate Banking Committee members and demand to fire Fed Chairman Ben Bernanke. If he gets reconfirmed – you can be 100% sure that we have effectively lost our country and that our government has been hijacked by this banking mafia. “Fire Bernanke” campaign must be fast and furious .. we have less that one week to demand the firing of this criminal.

Also fire the stupid as* Timmy... who thought he is smart.

Indeed, the international community has fully understand the true face of U.S. dollar hegemony. The carrier of the U.S. dollar as the U.S. capital since its inception is to a tool serving the interests of the United States. The Fed has not subject to supervision, unlimited dollar bill issued by the privilege. The United States through a monopoly money, in essence, a monopoly of the world's financial resources, and thus he can manipulate the international market, all kinds of economic activities.

Fed in Denial on Existence of Asset Bubbles
http://www.marketoracle.co.uk/Article15382.html
Nov 28, 2009 at 2:14 PM | Unregistered CommenterKen
Lord Monckton: Shut Down The UN, Arrest Al Gore
http://www.youtube.com/watch?v=z1Qhm6YRdJE&feature=player_embedded

Appearing on The Alex Jones Show yesterday, Lord Christopher Monckton went further than ever before in his vehement opposition to the elitists running the climate change scam, calling for the UN to be shut down and for fraudulent peddlers of global warming propaganda like Al Gore to be arrested and criminally prosecuted.

Monckton said that those who are threatening to shut down economies, bankrupt nations, and deepen the problems of the third world by implementing draconian policies in the name of global warming should be indicted, prosecuted and imprisoned “for a very long time”.

“The fraudsters and racketeers from Al Gore to the people at the University of East Anglia who have been making their fortune at the expense of taxpayers and the little guy,” should be criminally charged, said Monckton, in response to the climategate scandal.

“We the people have got to rise up worldwide, found a party in every country which stands for freedom and make sure we fight this bureaucratic communistic world government monster to a standstill – they shall not pass,” he added.

Monckton said that the United Nations should be “closed down,” adding that he talked to a senior UN ambassador in Canada who told him that he no longer saw any purpose in the UN and it exists “only to enrich itself at the expense of the nations it claims to serve, it’s time it was brought to an end.”

“We would all save billions if we shut down the UN and just about all of its hideous bureaucracy,” said Monckton.

Lord Monckton emphasized how the emails released as a result of climategate prove that global warming alarmism was still prevalent in public but behind closed doors, warmist scientist are admitting that the “deniers” as they label people like Monckton are correct.

“Publicly they’re saying the science is settled, we’re all doomed unless you close down the economies of the west, whereas privately they’re saying to each other ‘we’ve got it wrong, none of this adds up and it’s a travesty that we can’t explain it’.”
Monckton also slammed Obama’s science czar John P. Holdren, who in his 1977 book Ecoscience called for draconian population measures to be enforced by a “planetary regime” in the name of saving the earth, as an “openly admitted communist”.

Monckton pointed out how Holdren had been once of the most prominent alarmists in the 70’s warning about the onset of rapid “global cooling”.

“Now with seamless mendacity he says that what we’re now facing is global warming,” said Monckton.

“How can anyone like Holdren stand up with a straight face and expect anyone to believe it,” he added.

Monckton said that the agenda behind the global warming movement was to set up a communistic world government which will be run by people who “do not care how many people they kill with their policies” and that their goal is to “do away with democracy forever by stealth using the excuse to save the planet.”

Monckton said that the people running the scam had a “deliberate desire to control population by killing people in large numbers deliberately if necessary.”

The former advisor to Margaret Thatcher said that the warmists were sounding more and more desperate and knew that they had been rumbled as a result of climategate, which would only make it more urgent for them to try and force through a binding treaty in Copenhagen.

Monckton said that the answer to combating the move towards neo-feudalism and global government was to form a worldwide “freedom party” that would operate nationally in every country in order to defend freedom, democracy and prosperity while routing out every aspect of the communistic takeover.

“Every time these people try to take it away, we in the freedom party will stop them, and I think now is the time,” said Monckton.

Watch the interview in full below.
Nov 28, 2009 at 2:25 PM | Unregistered CommenterKen
Climategate: The Silence is Deafening from the Corporate Media

OBAMA/ALGORE CRIMINALS ..CITIZEN WARRANTY MUST BE ISSUED

The death of a billion starving people, and the guaranteed poverty of the rest of us, due to the pending Cap and Trade legislation in Washington, and the coming international laws, directives, regulations, and more laws, that will inhibit the farming of food and the means to get it to market, with few of us having enough money to buy food if it were available?

Climategate Master Criminal Phil Jones Collected $22.6 Million in Grants

Science Czar John Holdren involved in "Climategate" scandal
http://www.examiner.com/x-20909-Columbia-Independent-Examiner~y2009m11d27-Science-Czar-John-Holdren-involved-in-Climategate-scandal

Climategate: the final nail in the coffin of 'Anthropogenic Global ...
As Andrew Bolt puts it, this scandal could well be “the greatest in modern science”. .... Climategate: the IPCC is over says UEA climate scientist .



http://blogs.telegraph.co.uk/news/jamesdelingpole/100017393/climategate-the-final-nail-in-the-coffin-of-anthropogenic-global-warming/
Nov 28, 2009 at 2:31 PM | Unregistered CommenterKen
OBAMA should be impeached ASAP
Stick Carbon Tax Bomb up his scam ass now and blow him up

Climategate: five Aussie MPs lead the way by resigning in disgust over carbon tax
James Delingpole
London Telegraph
Friday, Nov 27th, 2009

Australia is leading the revolt against Al Gore’s great big AGW conspiracy – just as the Aussie geologist and AGW sceptic Professor Ian Plimer predicted it would.

ABC news reports that five frontbenchers from Australia’s opposition Liberal party have resigned their portfolios rather than follow their leader Malcolm Turnbull in voting with Kevin Rudd’s Government on a new Emissions Trading Scheme.

The Liberal Party is in turmoil with the resignations of five frontbenchers from their portfolios this afternoon in protest against the emissions trading scheme.

Tony Abbott, Sophie Mirabella, Tony Smith and Senators Nick Minchin and Eric Abetz have all quit their portfolios because they cannot vote for the legislation.

Senate whip Stephen Parry has also relinquished his position.

The ETS is Australia’s version of America’s proposed Cap and Trade and the EU’s various carbon reduction schemes: a way of taxing business on its CO2 output. As Professor Plimer pointed out when I interviewed him in the summer, this threatens to cause enormous economic damage in Australia’s industrial and mining heartlands, not least because both are massively dependent on Australia’s vast reserves of coal. It is correspondingly extremely unpopular with Aussie’s outside the pinko, libtard metropolitan fleshpots.

http://blogs.telegraph.co.uk/news/jamesdelingpole/100018003/climategate-five-aussie-mps-lead-the-way-by-resigning-in-disgust-over-carbon-tax/
Nov 28, 2009 at 2:41 PM | Unregistered CommenterKen
I am not buying it, this is DailyBail going to the well.
Nov 28, 2009 at 2:46 PM | Unregistered Commentergobias
Obama (I mean Tiger), the MIXED-RACE KID...

JOHNS: He has single-handedly re-branded and expanded the game, bringing in countless fans who probably would never have picked up a golf club if they hadn't seen Tiger do what he does. His personal story is compelling. He married a Swedish model. They have two beautiful children. He's a mixed-race kid, son of a mother from Thailand, his late father an elite American Green Beret soldier, said to have nicknamed Tiger after a man who saved his life in Vietnam.

CNN...I DON'T REMEMBER YOU CALLING OBAMA THE MIXED-RACE KID, WHAT'S UP WITH THAT?
Nov 28, 2009 at 2:49 PM | Unregistered Commentergobias
Saturday, Feb. 21, 2009
Are Mixed-Race Children Better Adjusted?
By John Cloud

Americans like answers in black and white, a cultural trait we confirmed last year when the biracial man running for President was routinely called "black".

In short, multiracial kids seem to create their own definitions for fitting in, and they show more psychological flexibility than those mixed-race kids who feel bound to one choice or another.

Fortunately, all these questions of racial identity are becoming less important, as we inch ever closer to the day when the U.S. has no racial majority. One of these days, after all, we will all be celebrating our multiracial pride.
Nov 28, 2009 at 2:52 PM | Unregistered Commentergobias
Gobias, are you trying to tie with Ken for the most posts? Is there a prize?
Nov 28, 2009 at 3:58 PM | Unregistered CommenterS. Gompers
I
Nov 28, 2009 at 4:29 PM | Unregistered Commentergobias
don't
Nov 28, 2009 at 4:30 PM | Unregistered Commentergobias
know.
Nov 28, 2009 at 4:30 PM | Unregistered Commentergobias
This is a great idea! I sent it around, but have to be honest--I did NOT make it anywhere near 100. Kudos to all the readers who did/can.

This really is the story of the year. For my emails I always do a little paragraph of pre-explaining, though. Most people do not steep themselves in bailout lore on a daily basis and need a jumping off point. I'm going to try and write an expanded explanation for this clip with a partial transcription and send it around to some other sites.
Nov 29, 2009 at 11:29 AM | Unregistered CommenterSonic Ninja Kitty
Thanks Sonic...send me a copy by email when you put it together...here's the transcript...

Grayson01 - Thank you very much Mr. Chairman. Inspector Coleman you
are the Inspector General for the Federal Reserve, right? OK.

Coleman01 - That's correct.

Grayson02 - Have you done any investigations concerning the Federal
Reserve's role in deciding not to save Lehman Brothers which led
shockwaves that went through the entire financial system?

Coleman02 - In that particular area, you know, I don't generally
comment on specific investigations, but we do not currently have an
investigation in that particular area.

Grayson03 - Alright, what about the one trillion dollars plus in
expansion of the Federal Reserve's balance sheet since last September,
have you conducted any investigations regarding that?

Coleman03 - We, right now we have a, it's called, we call it a review,
and, so that the term investigation may have different conotations.
So we actually conducting a fairly high level review of the various
lending facilities collectively which would include, you know, the
TALF, a variety of the different programs that are in process, so we
are looking at them at fairly high level to identify risk.

Grayson04 - Well, I understand that, but we're talking about events
that started unfolding 8 months ago, have you reached any conclusions
about the Fed expanding it's balance sheet by over a trillion dollars
since last September?

Coleman04 - We have not yet reached any conclusions.

Grayson05 - Do you know who recieved that money?

Coleman05 - For the, we are in the process now in doing our review,
and

Grayson06 - Right, but you are the Inspector General, my question for
you specifically, is do you know who recieved that one trillion
dollars plus that the Fed extended and put on it's balance sheets
since last September, do you know the identity of the recipients?

Coleman06 - I do not know, we have not looked at that specific area,
at this particular point, on those reviews.

Grayson07 - What about Bloomberg's report that there are trillions of
dollars in off balance sheets transactions that the Federal Reserve
has entered into since last September, are you familiar with those off
balance sheets transactions?

Coleman07 - You know, I think it may be important, at this point, too,
just to bring up a certain aspect of our jurisdiction, and just to
clarify, perhaps, some of my earlier comments. We are the Inspector
General for the Board of Governors, and we have direct oversight over
Board programs and operations, and are also able to look at Board
delegated function to the reserve banks, as well as, it's, the Boards
oversight and supervision of the reserve banks. We do not have
jurisdiction to directly go out and audit reserve bank activities
specifically. Never the less, in our lending facility project, for
example, we are looking at the Board's oversight over the program,
and, to the extent that, it extends out to the Federal Reserve Bank of
New York.

Grayson08 - Well, I have a copy of the Inspector General Act, here in
front of me, and it says, among other things, that it is your
responsibility to conduct and supervise audits and investigations
relating to the programs and operations of your agency.

Coleman08 - That's correct.

Grayson09 - So I'm asking you if your agency has, in fact, according
to Bloomberg, extended nine trillion dollars in credit, which, by the
way, works out to thirty thousand dollars for every man woman and
child in this country, I'd like to know, if you're not responsible for
investigating that, who is?

Coleman09 - No, we actually, we have responsibility for, the Federal
Reserve's programs and operations, audits, to conduct audits and
investigations in that area. In terms of who's responsible for
investigating, would you mind repeating the question one more time.

Grayson10 - What have you done to investigate the off balance sheet
transactions, conducted by the Federal Reserve, which according to
Bloomberg, now total nine trillion dollars in the last eight months.

Coleman10 - I, I'll have to look specifically at that Bloomberg
article, I, I'm not, I don't know if I have actually seen that
particular one.

Grayson11 - That's not the point. The question is, have you done any
investigation or auditing of off balance sheet transactions conducted
by the Federal Reserve?

Coleman11 - At this point, we're at the very, we're conducting our
lending facility project at a fairly high level and have not gotten to
a specific level of detail to really be in a position to respond to
your question.

Grayson12 - Have you conducted any investigation or auditing of the
losses that the Federal Reserve has experienced, on it's lending,
since last September.

Coleman12 - We're still in the process of conducting that review,
until we actually, you know, go out and gather the information, I'm
not in a position to really respond to the specific question.

Grayson13 - So are you telling me that nobody at the Federal Reserve
is keeping track, on a regular basis, of the losses that it occurs
that is now a two trillion dollar portfolio.

Coleman13 - I don't know if, you're telling me that there, you're
mentioning that there's losses, I'm just saying that we're not, until
we actually look at the program and have the information, we're not in
a position to say whether they're losses or to respond in any other
way to that, to that particular...

Grayson14 - Mr. Chairman, my time is up, but I have to tell you,
honestly, I am shocked to find out that nobody at the Federal Reserve,
including the Inspector General, is keeping track of this.
Nov 29, 2009 at 11:52 AM | Registered CommenterDailyBail
Really...shocked...don't worry, Bernanke, Volcker, and the Group of Thirty are keeping a very close eye on this for their masters. If you are shocked and come to an incorrect conclusion, you are an idiot.
Nov 29, 2009 at 2:33 PM | Unregistered Commentergobias
W O W ! Thanks! That's extremely helpful.
Nov 29, 2009 at 4:59 PM | Unregistered CommenterSonic Ninja Kitty
These are not my leaders they could not lead me across the street , Gerald Celente on King World News 23 Sept 2009

The white shoe boys and bankers of wall street have spoiled this country it is the Goldman gang the Merrill Lynch mob the biggest bank robbery in world history but the banks are doing the robbing ...LOL...
Gerald Celente’s on-time trend forecasts, vibrant style, articulate delivery and vivid public presence makes him a favorite of major media. Celente’s up-to-the-minute analysis on a broad spectrum of topics are widely sought by: The Today Show, The Oprah Winfrey Show, Fox News, Good Morning America, CBS This Morning, 48 Hours, cable and radio news including CNN, CBS, ABC, NBC, PBS, BBC, MSNBC, CNBC, NPR.
Gerald Celente is often quoted and featured in newspapers and magazines including The New York Times, Los Angeles Times, Chicago Tribune, Washington Post, USA Today, The Independent, The Wall Street Journal, Entrepreneur, Time, Business Week, Financial Times, Newsweek, Time, U.S. News and World Report, Investors Business Daily, The Economist … and media throughout the world.

http://www.youtube.com/watch?v=V0oNPdKJK1c
Nov 29, 2009 at 7:50 PM | Unregistered CommenterKen
The white shoe boys????
Nov 29, 2009 at 7:59 PM | Unregistered Commentergobias
Duty calls for Congress
By Hossein Askari and Noureddine Krichene

Obama's policymakers have been mired in fallacies. They have been tempted by money counterfeiting to exit from crises that were themselves brought about by loose monetary policies.

Asia Times Online

Hossein Askari is professor of international business and international affairs at George Washington University. Noureddine Krichene is an economist at the International Monetary Fund and a former advisor, Islamic Development Bank, Jeddah.


Thanks Ken.
Nov 29, 2009 at 8:03 PM | Unregistered Commentergobias
The most chilling words since 'New World Order'

by Joseph Farah

On March 6, 1991, President George Herbert Walker Bush, at the conclusion of the Persian Gulf War, uttered some words that shivered down the spines of Americans who appreciated their country as an independent, sovereign experiment in constitutional self-government.

"Now, we can see a new world coming into view – a world in which there is the very real prospect of a New World Order," he said.

He went on to expand on this idea, explaining that he envisioned the United Nations freed "to fulfill the historic vision of its founders."

In 1991, that was scary talk. It sounded like Bush had forgotten what America represented in the world – a nation founded on the principles of independence, the rule of law and accountability to the people, rather than just one of many states responsible to a global community that didn't share its ideals.

Last weekend, speaking in Prague, Barack Obama took the New World Order rhetoric to soaring new heights.

"All nations must come together to build a stronger, global regime," he said.

Assert your right as a sovereign citizen of the U.S. and repudiate moves toward global government: Sign WND's new petition, a Re-declaration of Independence

While Bush's earlier phrase set off alarms in some circles, it was ambiguous enough to allow for plausible deniability that he actually intended to work toward some sort of "world government." Obama's choice of words leaves little doubt about what he means.

Though few have so far questioned his desire "to build a stronger, global regime," the words are clear.

Let's consult the Random House dictionary for the definition of "regime."

a mode or system of rule or government: a dictatorial regime.
a ruling or prevailing system.
a government in power.
the period during which a particular government or ruling system is in power.
How about the American Heritage dictionary?

a form of government: a fascist regime.
a government in power; administration: suffered under the new regime.
the period during which a particular administration or system prevails.
Not only are the definitions clear, so are the connotations. They are uniformly negative for those who support liberty, accountability, limited government and the will of the people operating under the rule of law.

Few freedom-minded people would choose to live under any kind of "regime." In America, we are supposed to live under a decentralized form of government in which most powers are reserved to the states. We are supposed to be a self-governing people, not only free from the shackles of government oppression and dictates, but actually the masters of our own governments. We are supposed to be sovereign individuals with our interests protected by the rule of law. And we are supposed to be independent of foreign interests and rules.

So why would any American seek to be a part of building "a stronger, global regime"? The very idea should be anathema to all of us. Yet, the notion is being championed by none other than the president of the United States.

Worse yet, the idea is receiving little scrutiny and even less criticism.

What has become of Americans?

Are we just too fat, lazy and stupid to recognize the threats to our most cherished and basic freedoms?

Are we doomed to repeat the mistakes of the past?

Do we not recognize what has made America great and different from all other nations in the world?

Are we really ready to give up our liberty so easily?

For what did our forefathers sacrifice? Why were they willing to risk their lives, their fortunes and their sacred honor for independence and liberty? Why are we ready to give up our independence and liberty for nothing?
Dec 2, 2009 at 2:27 PM | Unregistered CommenterKen
"On March 6, 1991, President George Herbert Walker Bush, at the conclusion of the Persian Gulf War, uttered some words that shivered down the spines of Americans who appreciated their country as an independent, sovereign experiment in constitutional self-government."

"Now, we can see a new world coming into view – a world in which there is the very real prospect of a New World Order," he said.

He went on to expand on this idea, explaining that he envisioned the United Nations freed "to fulfill the historic vision of its founders."


Both parties have long sought this goal of subverting the Constitution in favor of this. You do not make it through the primaries of either party unless you are signed onto this agenda.


"Why are we ready to give up our independence and liberty for nothing?"

They are willing to for the false promise of "consumption".
Dec 2, 2009 at 2:43 PM | Unregistered CommenterS. Gompers
I sent this baby to probably over a 1000 people.
I sent it to an email list of over 150
I Dugg it
I Buzzed it
I stumbled it
I tweeted it
I bookmarked it....


Kerri Knox, RN
http://www.easy-immune-health.com
Dec 17, 2009 at 3:29 PM | Unregistered CommenterKerri Knox, RN
thank you kerri...very much appreciated it...
Dec 17, 2009 at 3:35 PM | Registered CommenterDailyBail
We have fought long and hard for freedom. We need to keep fighting for it.
Jan 27, 2010 at 9:39 PM | Unregistered CommenterMike

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