Max Keiser debunks the myth that banks need to be bailed out on bbc radio five live recorded on November 3rd 2009
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Daniel Hannan gives a speech in the European Parliament in May 2009. Daniel Hannan is Conservative MEP for South East England, blogs every day at www.hannan.co.uk and is author of The Plan: Twelve Months to Renew Britain; www.amazon.co.uk
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www.RonPaul.com - 05 Audit the Fed! No More Bailouts! by Ron Paul It doesnt come as too much of a surprise that the measure to audit the Fed is coming under continuous fire from the central bank and its cronies. For the first time since the Federal Reserve was created nearly a century ago they have hired an actual lobbyist to pound the pavement on Capitol Hill. This is a desperate effort to hang on to the privilege of secrecy and lack of accountability they have enjoyed for so long. Last week showed they are getting their moneys worth in the Senate. At the very last minute, on the floor of the Senate, supposed compromise language was agreed to and substituted in the Sanders Amendment to the financial reform bill. This language was acceptable to the administration, committee leadership and to the Fed. The trouble is, while it is better than no audit at all, it guts the spirit of a meaningful audit of the most crucial transactions of the Fed. In fact, rather than still calling the Sanders amendment an audit, maybe it should instead be called more of a disclosure at this point. The new language of the Sanders amendment requires a one-time disclosure from the Fed of 13(3) facilities, foreign currency swaps and mortgage-backed securities. Basically, their sins of the past would be revealed and Americans would know more about who got bailed out by the Fed and under what terms. This would be good, but its not nearly enough. Taxpayers are sick and tired of bailing out privileged <b>...</b>
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Originally aired on March 13, 2009. Whether the government should fix the economy; the attainability of the American Dream; a proposal for universal pre-kindergarten; fencing in the US border; increasing traffic and killer commutes; medical marijuana.
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Originally aired March 13, 2009. Whether the government should fix the economy; the attainability of the American Dream; a proposal for universal pre-kindergarten; fencing in the US border; increasing traffic and killer commutes; medical marijuana. Visit www.friendsofccl.com to support Charles Lynch.
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Originally aired on March 13, 2009. Whether the government should fix the economy; the attainability of the American Dream; a proposal for universal pre-kindergarten; fencing in the US border; increasing traffic and killer commutes; medical marijuana.
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Originally aired March 13, 2009. Whether the government should fix the economy; the attainability of the American Dream; a proposal for universal pre-kindergarten; fencing in the US border; increasing traffic and killer commutes; medical marijuana.
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Originally aired on March 13, 2009. Whether the government should fix the economy; the attainability of the American Dream; a proposal for universal pre-kindergarten; fencing in the US border; increasing traffic and killer commutes; medical marijuana.
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Brought to you by economic terrorists More NEWS at www.wideawakenews.com brought to you by economic terrorists www.moneynews.com news.xinhuanet.com
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Originally aired on March 13, 2009. Whether the government should fix the economy; the attainability of the American Dream; a proposal for universal pre-kindergarten; fencing in the US border; increasing traffic and killer commutes; medical marijuana.
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"We didn't truly know the dangers of the market, because it was a dark market," says Brooksley Born, the head of an obscure federal regulatory agency -- the Commodity Futures Trading Commission (CFTC). In the late 1990's she not only warned of the potential for economic meltdown, but also tried to convince the country's key economic power brokers to take actions that could have helped avert the crisis. In the devastating aftermath of economic meltdown, The Warning sifts through the ashes for clues about why it happened and examines critical moments when it might have gone much differently."They were totally opposed to it," Born says of her warning. "That puzzled me. What was it that was in this market that had to be hidden?" The Warning unearths the hidden history of North America's worst financial crisis since the Great Depression. At the center, veteran PBS producer Michael Kirk (Inside the Meltdown) discovers Brooksley Born, who speaks for the first time on television about her failed campaign to regulate the secretive, multi-trillion-dollar derivatives market whose crash helped trigger the financial collapse in the fall of 2008. "I didn't know Brooksley Born," says former SEC Chairman Arthur Levitt, a member of President Clinton's powerful Working Group on Financial Markets. "I was told that she was irascible, difficult, stubborn, unreasonable." Levitt explains how the other principals of the Working Group -- former Fed Chairman Alan Greenspan and former Treasury <b>...</b>
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seiu.org Taxpayers have given Bank of America $25 billion in bailout funds to help jumpstart our economy, but instead the bank has misspent on executive salaries and corporate jets. Then Bank of America took even more money from cash-strapped states by not paying for workers healthcare. Its time for Bank of America to use its taxpayer-funded windfall to support a real economic recovery and provide health care for its 247000 workers—or give the money back.
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The year 2008 kind of sucked all around, right? Bailouts, foreclosures, layoffs... lots crappy stuff. See 2008 get ditched, while 2009 moves on. Have a great new year, everyone!
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Milton Friedman explains the necessity in a free market system of allowing unsuccessful businesses to go bankrupt w/out the government bailing them out. Profit/Loss system where the consumer decides who wins, NOT the federal government. The same misguided arguments for a government bailout of GM made 30 years ago are being made today by President Barack Obama and the other statists in congress. I hope there are more people out there as concerned as I am about this Administration's assault on the free market. We need more Milton Friedmans in public policy today making the case for free enterprise and forcfully advocating on behalf of the market. We need more voices sounding the alarm about the ever-increasing attacks on our nation's creators of wealth--small business. The barons of big government in Washington are replacing our nation's history of free-market capitalism with Crony Capitalism, where success depends not on your ability to produce a product the consumer wants to buy, but on how many lobbyists you have in Washington to force taxpayers to subsidize your company. I agree with Milton Friedman 100 percent that government bailouts are an abomination and a disgrace.
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Keith Olbermann pointed out Wednesday night on Countdown that the major newspapers had been ignoring the five-day-long "Occupy Wall Street" protests, but would have scrambled to cover a similar-sized tea party protest. "Why isn't any major news outlet covering this?" he asked. "If that's a tea party protest in front of Wall Street about Ben Bernanke putting stimulus funds into it, it's the lead story on every network news cast. How is that disconnect possible in this country today with so many different outlets and so many different ways of transmitting news?" His guest, author Will Bunch, suggested the disconnect was caused in part by the news networks being out of touch with the pain of the 25 million Americans who are unemployed.
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Dylan Ratigan interviewing Barry Ritholtz on MSNBC's The Morning Meeting Tarp on Oct 14, 2009. Dylan noted that the bailout of the banks is the biggest theft of taxpayer money ever, and biggest coverup.
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We know where Elizabeth Warren was going with the line of questioning and it was about the 13 billion dollars Goldman Sachs got out the back door of AIG. The question to Timmy was; "Do you know where the money went?" The question was not sufficiently answerd. Goldman Sachs and others were not mentioned specifically but Elizabeth framed the question so perfectly as to leave no doubt as to who benefited 100 cents on the dollar from the tax payer on AIG's counter party risk.
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Economic Crisis Trillion Dollar Bailout Economy Song- Ron Paul- Alex Jones- Bob Chapman Gerard Celente - Hello everyone, this is Al DeTrolio... "WHERE THE MONEY GOES" IS A BRAND NEW ORIGINAL SONG- WE BELIEVE IN OUR HEART OF HEARTS THAT THE WORLD NEEDED A POSITIVE BAILOUT SONG, INSTEAD OF ONE THAT ONLY FOCUSED ON THE LOSS. ASKING QUESTIONS IS MORE IMPORTANT. WHERE THE MONEY GOES IS AN ANTHEM OF HOPE FOR ALL AMERICANS... DOESN'T EVERYBODY WANNA KNOW- WHERE THE MONEY GOES!? LOL GOD BLESS AMERICA, THE UNITED STATES CONSTITUTION, OUR BILL OF RIGHTS, OUR BEAUTIFUL FREE COUNTRY AND ALL OF YOU!
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Who do the banks owe money to? Are those hedge funds affiliated with the very banks that were bailed out? Prof. Chossudovsky explains. He emphasizes the bailouts will not help the crisis, but will exacerbate it. He explains that to pay for Obama's budget defecits, public roads and parks will be sold off to private companies and banks, who will charge user fees to citizens, and that these user fees will be used to pay back the bailout money to the government. In short, the government is helping the banks finance their own debt. He also says that bailed out banks are using the bailout money to buy up assets in the real economy ( such as industry, tech, & airline stocks) at rock bottom prices, which will dramatically change the ownership structure in America. Will this lead to the creation of a financial and industrial oligarchy?
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On February 24, 2009, Freedom Party leader Paul McKeever was a panelist on the CTS (Crossroads Television) programme "On the Line" with host Christine Williams. In this segment, the panel discusses whether or not the government should bail-out struggling auto manufacturers...but the principles are the same, whether the issue is auto manufacturers, or banks, or bowling alleys.
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Michel Chossudovsky, the director of the Centre for Research on Globalization, sits down with The Corbett Report to discuss the real meaning of the banker bailouts. For more information and economic analysis, please visit: www.globalresearch.ca
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Visit vancechristensen.com for more free market resources. Thanks for viewing! April 24, 2009
Do you care about your rights & civil liberties? Feel free to drop by & join us at: www.youtube.com This is the woman who revealed last week that the executives of Wall Street firms receiving taxpayer bailout funds have been charging $2000 an hour call girls on their company credit cards, which means it is hidden as a business expense, and ultimately comes off their taxes! That must feel pretty good; screwing a pretty woman AND the taxpayers all at the same time! abcnews.go.com
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inflation.us nigsvon says "This is what the future will look like. Bombed-out suburbia converted to public housing with the government as the communist landlord for the rental serfs because the mega-wealthy don't want it, they keep only the good assets for themselves. People need to see through the corporate/government veil to understand how they are being manipulated."
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John Stossel on ABC 20/20 (12/19/08) "While the media focuses on those billions, the Federal Reserve Bank is quietly committing trillions of your tax dollars. What collateral did the fed get for its trillions in loans? They won't say. Where has the Fed put trillions of your dollars? The Fed won't say. The answer to the question, "Where is the Money"? is "We don't know!" They say, "It's a secret""
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"We didn't truly know the dangers of the market, because it was a dark market," says Brooksley Born, the head of an obscure federal regulatory agency -- the Commodity Futures Trading Commission (CFTC). In the late 1990's she not only warned of the potential for economic meltdown, but also tried to convince the country's key economic power brokers to take actions that could have helped avert the crisis. In the devastating aftermath of economic meltdown, The Warning sifts through the ashes for clues about why it happened and examines critical moments when it might have gone much differently."They were totally opposed to it," Born says of her warning. "That puzzled me. What was it that was in this market that had to be hidden?" The Warning unearths the hidden history of North America's worst financial crisis since the Great Depression. At the center, veteran PBS producer Michael Kirk (Inside the Meltdown) discovers Brooksley Born, who speaks for the first time on television about her failed campaign to regulate the secretive, multi-trillion-dollar derivatives market whose crash helped trigger the financial collapse in the fall of 2008. "I didn't know Brooksley Born," says former SEC Chairman Arthur Levitt, a member of President Clinton's powerful Working Group on Financial Markets. "I was told that she was irascible, difficult, stubborn, unreasonable." Levitt explains how the other principals of the Working Group -- former Fed Chairman Alan Greenspan and former Treasury <b>...</b>
Brooksley Born Alan Greenspan. Robert Rubin Washington Michael Greenberger Larry Summers ashlievideo
Watch more at www.theyoungturks.com
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Lost in the current crisis terminology and genealogy? - Who did what? These three letters stand for? We have been doing this for how long?- This lecture not only describes the mess were in but also explains the lousy options we've been given. In a related video, part two, Gary Dorrien puts forth an alternative to the current neoliberal economic system.
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Dylan Ratigan interviewing Neil Barofsky, TARP Inspector General, on MSNBC's The Morning Meeting Tarp on Oct 6, 2009.
Market could get worse after interval rallies and "Asia will eventually lead the world out of crisis sometime in the next two to three years," said Aaron Smith of Superfund Financial. Edith Touin, vice president from ABN Amro Private Banking (Zurich) agrees with Smith, saying they're still underweight on equities. They both continue to discuss market strategy and whether to go into defensive sectors like Healthcare.
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Alex goes into the top stories of the past week including a story about mobile naked body scanners for the streets of america and also brain scanners coming to airports in the future.Yes, it's 1984 with a Buck Rodgers twist here in the 21st century Police Grid. prisonplanet.tv Geithners Fed told AIG to hide backdoor bailout Homeland Stupidity January 10, 2010 The Federal Reserve Bank of New York, during its $180 billion bailout of American International Group, Inc., instructed AIG to omit details of its purchase of certain toxic assets from a December 24, 2008, Securities and Exchange Commission filing, according to e-mails between the company and the Fed released Thursday. Protesters yell at people looking out the windows of an AIG office building during a rally against government bailouts for corporations in April, 2009. Using bailout money provided by the Fed, AIG paid a number of banks 100 percent of the face value of credit-default swaps, contracts tied to subprime home loans, at a time when other institutions were negotiating deep discounts for the paper. The names of the banks were also omitted from the SEC filing. The information was finally disclosed in March 2009 after the SEC challenged AIGs filing, prompting lawmakers and analysts to call the transactions a backdoor bailout of the banks. Topping the list of banks which benefited from the backdoor bailout of their toxic paper were Goldman Sachs and Societe Generale SA. The e-mails, released Thursday by Rep <b>...</b>
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The housing crisis is not just a problem for families facing foreclosure it is a problem for every homeowner in America. As long as foreclosures persist, home values will keep going down, and everyone loses. We are collecting stories from people all over the country who have been hit by the housing crisis so we can show what is really happening on Main Street and we need your help. Have you been affected by the housing meltdown? Foreclosed on? Underwater? Trapped in a predatory loan? Do you know anyone else whose life has been turned upside down by the collapse of the real estate market? Record your story, or the story of a friend, family member, co-worker, or neighbor, and send it to us. Learn more at fightingforourhomes.com.
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Alex goes into the top stories of the past week including a story about mobile naked body scanners for the streets of america and also brain scanners coming to airports in the future.Yes, it's 1984 with a Buck Rodgers twist here in the 21st century Police Grid. prisonplanet.tv Geithners Fed told AIG to hide backdoor bailout Homeland Stupidity January 10, 2010 The Federal Reserve Bank of New York, during its $180 billion bailout of American International Group, Inc., instructed AIG to omit details of its purchase of certain toxic assets from a December 24, 2008, Securities and Exchange Commission filing, according to e-mails between the company and the Fed released Thursday. Protesters yell at people looking out the windows of an AIG office building during a rally against government bailouts for corporations in April, 2009. Using bailout money provided by the Fed, AIG paid a number of banks 100 percent of the face value of credit-default swaps, contracts tied to subprime home loans, at a time when other institutions were negotiating deep discounts for the paper. The names of the banks were also omitted from the SEC filing. The information was finally disclosed in March 2009 after the SEC challenged AIGs filing, prompting lawmakers and analysts to call the transactions a backdoor bailout of the banks. Topping the list of banks which benefited from the backdoor bailout of their toxic paper were Goldman Sachs and Societe Generale SA. The e-mails, released Thursday by Rep <b>...</b>
Alex Jones Infowars.com endgame terrorstorm 9/11 road to tyranny obama deception underwear bomber Yemen CIA Terrorist flight 253 The Channel
