February 2010 PEACE REVOLUTION– A Wall Street Whistleblower Proves That Money Never Sleeps. Vancouver documentary filmmaker Paul Verge brings us a revealing interview which exposes the (Who, What, When, Where, Why and How) of the recent economic decline, how it was legislated into existence, defended by corporate media and political “watch-dogs”; and allowed to drain America of nearly $200 Trillion … Read More
FORBES– Today, the U.S. Senate voted 62 to 37 against an amendment to allow greater transparency at the Federal Reserve. This amendment was introduced to counter a weaker amendment that would have required only a one-time audit just of Fed emergency programs. The new amendment was similar to the original H.R. 1207 audit bill introduced by Congressman Ron Paul and added to the House … Read More
RAW STORY– US President Barack Obama on Saturday urged senators to grant the Federal Reserve a dramatic expansion of its regulatory powers and to establish a new consumer protection committee to help safeguard Americans from Wall Street’s excesses. “These reforms are essential,” Obama said in his weekly radio address. “As I’ve urged over the past year, we need common-sense rules … Read More
BLOOMBERG– U.S. taxpayers may be on the hook for as much as $23.7 trillion to bolster the economy and bail out financial companies, said Neil Barofsky, special inspector general for the Treasury’s Troubled Asset Relief Program. The Treasury’s $700 billion bank-investment program represents a fraction of all federal support to resuscitate the U.S. financial system, including $6.8 trillion in aid … Read More
BLOOMBERG– To close out 2009, I decided to do something I bet no member of Congress has done – actually read from cover to cover one of the pieces of sweeping legislation bouncing around Capitol Hill. Hunkering down by the fire, I snuggled up with H.R. 4173, the financial-reform legislation passed earlier this month by the House of Representatives. The … Read More
