Posts Tagged ‘HR 1207’

The U.S. congressman plans to introduce a bill in 2011 that would force the claimed gold holdings at Fort Knox and the central bank in New York to be audited for the first time in almost 60 years.

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Congress and the media further narrow the ‘Wall St. reform debate’ performance.

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Alan Grayson got grilled by Scott Horton on U.S. military welfare for Israel and blowback.

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Rep. Alan Grayson (D-Fla.) tells you how you became part-owner of the toxic Red Roof Inn—but not really the owner at all, just the one covering the liabilities with your homes (10:58):

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News and views from around the web posted to the Wonderland Wire:

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Peter Schiff, president of Euro Pacific Capital and 2010 candidate for senator in Connecticut, on U.S. international dependency and challenges Federal Reserve Vice Chairman Alan Blinder to name something his boss has done right. Funny. (4:15):

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The second episode of Max Keiser’s new show on Russia Today: “‘Keiser Report’ is a no holds barred look at the shocking scandals behind the global financial headlines. From the collusion between Wall Street and Capitol Hill to the latest banking crime wave, from bogus government economic statistics to rigged stock markets, nothing escapes the eye of Max Keiser, a former stockbroker, inventor of the virtual specialist technology and co-founder of the Hollywood Stock Exchange. With the help of Keiser’s co-host, Stacy Herbert, and guests from around the world, ‘Keiser Report’ tells you what is really going on in the global economy.” – 26 Nov 09 (26:19):

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On ABC’s “This Week with George Stephanopolous”, George Will of The Washington Post points to India’s recent run on the dollar as an indicator for a coming fall in the subjective greenback in favor of “other better stores of value”. Veteran White House correspondent for ABC, Sam Donaldson, says if that’s the case, “then, we’d better throw Ben Bernanke and the Fed out… Let’s get rid of them now before they do further damage.” (2:13):

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Looking into the derivatives crisis and major players that manufactured the economic crisis, anything short of killing the ‘Creature from Jekyll Island’ would be unjust.

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Anthony Gregory discusses civil liberties under Obama — the Supreme Court, domestic spying, indefinite detention — ‘philosophical defects’ of the American political culture, and the economy (41:50):

http://dc159.4shared.com/download/123423564/144bb65f/_Civil_Liberties_in_the_Summer_of_Ob.mp3?tsid=20090806-193817-9eb5a4b5

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‘Wall Street banks are reaping outsized profits by trading with the Federal [sic] Reserve,’ Henny Sender reports today. The FED is one of Wall Street biggest customers for shit with no value. “You can make big money trading with the government,” said an executive at a leading investment management firm. “The government is a huge buyer and seller and Wall Street has all the pricing power.”

If you’re unsure how this works, msnbc’s Dylan Ratigan recently broke it down real well (8:39):

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Israel hints at ‘broader regional war’, Pakistan criticizes Obama surge, Congress subpoenas the Fed, U.N. tells Israel to ‘fundamentally change policies’, first Gitmo trial to begin, Hizbollah responds to losing election, South African study calls Israel’s policies ‘apartheid’ and colonial’, Venezuela uses military to silence critics. (more…)

Ron Paul introduces HR 1207 before Congress, a bill to audit the Federal Reserve. (more…)