Feb 12, 2011 at 3:02 PM
Gallup: Obama Approval Rating Hits New Low on Deficit
The President walks like an Egyptian on a tour of the Great Pyramids in 2010.
Warren Buffett: "No One Can Stop Too Big To Fail"
A couple of bums fighting over the taxpayer's wallet...
--
Andrew Frye of Bloomberg has a devestating piece out today that highlights testimony Warren Buffett gave to the Financial Crisis Inquiry Commission (FCIC) earlier in the year about how taxpayers will always be on the hook for Too-Big-To-Fail institutions. Buffett told the Commission:
- “You will always have institutions that are too big to fail, and sometimes they will fail. We still have them now. We’ll have them after your commission report.”
As Frye points out, this sits squarely at odds with assertions from the Obama administration that the Dodd-Frank financial reform bill ended TBTF once and for all. We've even got video proof from the Obankster himself.
Debt, Lies and Wall Street Bailouts...
Brilliant Video On The Global Food Crisis - Taiwanese Next Media Animation
Highly entertaining as always from NMA.
Food prices are skyrocketing around the world. The FAO Food Price Index is at a record high. Mother Nature has caused supply shocks in places like Russia and Australia, thus driving up prices. Governments have exacerbated the problem by hoarding and implementing export controls. Meanwhile, Indians and Chinese are driving up global food demand, thanks to their changing diets. And hedge funds are not helping, either. They have artificially driven up prices through speculative trading. Higher food prices have been blamed for causing instability in Egypt and Tunisia. Maybe Thomas Malthus was right. Will the instability spread? Or will science once again find a solution?
VIDEO - Ron Paul Discusses 2012 Presidential Run, Says: "U.S. To Blame For Egyptian Chaos"
Brand new interview. Just aired on RT a few minutes ago.
Video - RT's Dina Gusovsky talks to Congressman Ron Paul about the situation in Egypt, the future of the Conservative Movement, and whether or not he will run for President in 2012.
RAW VIDEO: Police Shoot Egyptian Boy In Cold Blood
Warning - Graphic Content
We just found this clip this morning through a German TV link. Start watching at the 30 second mark. Description is inside.
Nobel Prize Winning Economist Milton Friedman On Lord Bernanke: "My Preference Would Be To Abolish The Federal Reserve" (2006)
Video - Excerpts from an interview from May 22, 2006, in which Friedman discusses the dangers of big government and advocates abolishing the Federal Reserve. Clip inside of Friedman on marijuana and drug prohibition.
Ratigan On The Roots Of The Foreclosure Crisis: "It Was Wild West On Wall Street"
Video - Dylan Ratigan - Jan. 31, 2011
How It All Began
On fire as usual, Ratigan speaks with the mayor of Victorville, California, a real estate wasteland where new homes were razed without ever having occupants. Another data point from housing bubble ground zero.
Check out the 30 best and worst counties nationwide for underwater mortgages...
Vegas wins again...