Two excellent new stories on Kansas City Fed Chief Thomas Hoenig. Both are short and worth reading in full. As Fed watchers know, Hoenig and Dallas Fed Head Richard Fisher are the lone voices of sanity among the 12 Fed governors.
Interesting 2-minute clip. The failed NY Fed President now masquerading as Treasury Secretary will not even consider the possibility. Woodward wasn't fed this much BS during the entire Watergate scandal that made him famous, and I give him credit for interrupting the failed NY Fed President several times to force a slightly more honest answer. Ultimately, Geithner just lies. Treasury has a back-up plan which involves prioritizing payments that would allow debt interest to continue being paid, though you'll never hear Turbo Jr. admit it publicly.
Massachusetts Register of Deeds John O’Brien is first in the nation to say no to accepting robo-signed documents; North Carolina agrees.
Some of us call it the rule of law. Imagine if someone attempted to reposess your car without proof that they owned the note. How is this any different?
Paging Linda Green, please bring your pen to the nearest Judge...
Watch at least the first few minutes of this...
Click image to watch...Video can't be embedded.
The headline quote comes at 1:35.
Editorial inside submitted by Dylan Ratigan.
Jun 10, 2011 at 12:58 PM
