Tag Archive | "Congress"

A Defining Moment

   It may seem relatively small but there will be an excellent window through which to view the president’s future intentions: will he be for the people or for the financial interests? Many people have already made up their minds–for good reason. But, this will be a moment–will the Administration veto the financial reform bill […]

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Bernie Sanders Rides

   This should pass: An amendment sponsored by the independent senator from Vermont to require Federal Reserve audits is gaining momentum, powered by a coalition of activists on the left and right who are taking aim at the financial establishment for its role in the economic collapse. Mr. Sanders’s amendment, which is likely to be […]

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While Americans Suffer, Senate Bickers

   I’ve been watching this for sometime and it’s truly absurd–the Congress can’t get an extension of unemployment benefits passed because Republicans are standing in the door blocking it. The House a bill to extend unemployment benefits a month ago, but it is still stuck in the Senate. There was a story posted on CNN […]

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The Anti Public Option Pledge: No Health Care For Me!

Like my fellow American patriots, I refuse to sit by while the Nazi Marxist President sends storm troops of Dr Mengeles to pull the plug on millions of grannies. Just keep out of our persona lives. My health care is my business and it’s between me myself and I(nsurance companies.) Up until yesterday, I was […]

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Poverty, A Lost Decade and The Shame of America

We don’t talk about poverty in our country. Our political discourse, guided by pollsters and consultants, directs leaders to refer to "the middle-class", not to the millions of people who live in conditions that do not get much better, whether we are in something called a "recession" or we are in "recovery". And it is […]

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Peering At The Fed

   Some momentum on opening up the Fed to more scrutiny, via The Wall Street Journal: Rep. Ron Paul said he has a commitment from the chairman of the House Financial Services Committee, Barney Frank, to advance the Texas Republican’s legislation opening the Federal Reserve to broader federal audits. In an interview Friday, Mr. Paul […]

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The System, Not Bernanke, Is The Problem

People are missing the point about the reappointment of Ben Bernanke to head the Federal Reserve Board. Appoint him or not, choose a Republican or a Democrat or not–until we decide to change the way we see the role of the Federal Reserve Board, and how the economy is structured, the power over our lives […]

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Independence of The Fed? Nonsense

   One of the enduring myths of Washington insider language is the need for the Federal Reserve Board to be "independent". This is utter nonsense and is, to a great extent, the reason our economy has collapsed–not just over the past year but over the past 30 years as it has failed to translate the […]

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