Congressman
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A caller on C-Spans Washington Journal asserts that Congressman Ron Paul and Infowars.com are better sources to understand the current financial crisis than the dominant mainstream media and typical go-along political figures.The caller also brings up the Federal Reserve as being the main issue that Washington needs to address.Uri Dadush, Economic Department Director of the World Bank, seems stumped by the mention of the Federal Reserve, which he claims is part of the system of U.S. government already, before redirecting the conversation towards liquidity efforts in the private banking sector.Dadush misses the point perhaps out of confusion, and perhaps out of reluctance to discuss that the Federal Reserve (which is private, but given power [unconstitutionally] by Congress) controls the money supply and can print at will.
Author: afteramerica
Keywords: World Bank CNN 2008 Election
Added: October 12, 2008
http://www.LockedInSuccess.comWall Street BailoutWill the Wall Street Bailout help you and your family? Perhaps not. Click on the link above to see how you can earn extra income.Wall Street Bailout Views from politiciansBritish Prime Minister Gordon Brown supported the plan, saying that it was essential to restore stability to the markets.The presidential candidates from both major parties, Senators Barack Obama (D) and John McCain (R) voted in favor of the Senate version of the bill on October 1, 2008. Senator Barack Obama pledged to telephone wavering House of Representatives members to urge them to support the legislation. "This plan is stunning in its scope and lack of detail," said Connecticut Senator Christopher Dodd, chairman of the Senate Banking Committee. "It does nothing in my view to help a single family save a home.""I am concerned that Treasury's proposal is neither workable nor comprehensive, despite its enormous price tag," said Alabama Senator Richard Shelby, the ranking Republican on the committee."The Paulson plan will not bring a stop to the slide in home prices. But the Paulson plan will spend 700 billion taxpayer dollars to prop up and clean up the balance sheets of Wall Street. This massive bailout is not a solution. It is financial socialism and it's un-American," said Sen. Jim Bunning, R-Ky.Democratic presidential candidate Barack Obama said any bailout must include plans to recover the money, and protect working families and big financial institutions and be crafted to prevent such a crisis from happening again.Texas Republican U.S. Representative and former two-time presidential candidate Ron Paul publicly opposes any bailout and calls for further reforms to remedy the crisis.Ohio Democratic U.S. Representative Dennis Kucinich, a former two-time presidential candidate, delivered a speech on the House floor denouncing the bailout as "too much money, in too short of a time, going to too few people, while too many questions remain unanswered," and asking, "Is this the U.S. Congress or the board of directors at Goldman Sachs?" Michigan Republican U.S. Representative Pete Hoekstra is opposed to the bill Democratic opponents of the bailout include Oregon U.S. Representative Peter DeFazio, who called for a modified Tobin tax on stock transactions to pay for any bailout, and California Congressman Brad Sherman, who compared the bailout to a ransom demand for "$700 billion in unmarked bills". Republican opponents of the bailout include Texas U.S. Representative Ted Poe, who gave a speech on the House floor comparing the dire economic warnings of the bailout's proponents to the Y2K scare, and Michael C. Burgess, who accused the House leadership of declaring "martial law" to pass the legislation without debate. After negotiations, bipartisan groups of Congressional leaders were willing to support the highly revised plan. Despite the leaders' support, the rest of the House of Representatives did not follow their lead. In a Wall Street Journal opinion piece, Senator Hillary Clinton has advocated addressing the rate of mortgage defaults and foreclosures that ignited this crisis, not just bailing out Wall Street firms: "If we do not take action to address the crisis facing borrowers, we'll never solve the crisis facing lenders." She has proposed a new Home Owners' Loan Corporation (HOLC), similar to that used after the Depression, which was launched in 1933. The new HOLC would administer a national program to help homeowners refinance their mortgages. She is also calling for a moratorium on foreclosures and freezing of rate hikes in adjustable rate mortgages.Libertarian presidential candidate Bob Barr has been one of the most outspoken opponents of the bailout. He spoke out against it while it was making its way through Congress. He took his message to the airwaves and explained the government should not toss around taxpayer dollars so easily and that government should decrease regulation and privatize Fannie Mae and Freddie Mac.The Wall Street Bailout may not even affect you and your family in a positive manner. In fact, it could hurt you. To see what will affect you in a positive manner, click on the link above.Get more info on the Wall Street Bailout nowen.wikipedia.org/wiki/Bailout_bill
Author: BailoutBill
Keywords: congress bailout plan bail out bill foreclosure federal financial system economy economic wallstreet wall street 700
Added: October 12, 2008
Mike Huckabee on his Fox show, during a bit called "Are You Smarter Than Your Congressman?" Except that anyone who was watching the bailout coverage (most people were glued) knew that the reason Congress was breaking was because of Rosh Hashanah - one of the most important Jewish holidays. Not exactly taking the day off to get a jump on Christmas shopping. Also featuring comedian Sherrod Small.
Author: sklarryeyes
Keywords: Mike Huckabee Sherrod Small
Added: October 11, 2008
Common peoples problem in the US and some ideas to correct them
Author: marisuresh
Keywords: Election 2008 Obama CEO pay Health Insurance Better Democracy Presidential candidate congressman senator congresswoman
Added: October 11, 2008
Common peoples problem in the US and some ideas to correct them
Author: marisuresh
Keywords: Election 2008 Obama CEO pay Health Insurance Better Democracy Presidential candidate congressman senator congresswoman
Added: October 11, 2008
Common peoples problem in the US and some ideas to correct them
Author: marisuresh
Keywords: Election 2008 Obama CEO pay Health Insurance Better Democracy Presidential candidate congressman senator congresswoman
Added: October 11, 2008
Common peoples problem in the US and some ideas to correct them
Author: marisuresh
Keywords: Election 2008 Obama CEO pay Health Insurance Better Democracy Presidential candidate congressman senator congresswoman
Added: October 11, 2008
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WASHINGTON (Reuters) - Democratic congressman John Lewis, a veteran civil rights leader, accused Republican John McCain and his running mate Sarah Palin on Saturday of "sowing the seeds of hatred and division" and said it reminded him of the segregationist era of Alabama Gov. George Wallace.
http://digg.com/2008_us_elections/Congressman_says_McCain_sowing_seeds_of_hatred
Rep. John Lewis, a Georgia Democrat and veteran of the civil rights movement, says the negative tone of the Republican presidential campaign reminds him of the hateful atmosphere that segregationist Gov. George Wallace fostered in Alabama in the 1960s. Republican candidate John McCain on Saturday called Lewis' remarks "shocking and beyond the...
http://digg.com/politics/Racist_D_Congressman_Lewis_McCain_sowing_seeds_of_hatred
Sen. John McCain called a statement by a Georgia congressman Saturday, which compared the feeling at recent Republican rallies to those of segregationist George Wallace, "a brazen and baseless attack."
http://digg.com/2008_us_elections/McCain_calls_comments_by_Georgia_Democrat_shocking_3
Sen. John McCain called a statement by a Georgia congressman Saturday, which compared the feeling at recent Republican rallies to those of segregationist George Wallace, "a brazen and baseless attack."
http://digg.com/world_news/McCain_calls_comments_by_Georgia_Democrat_shocking_2
Representative John Lewis, the Georgia Democrat and civil rights leader, said Senator John McCain was “sowing the seeds of hatred and division.”
http://digg.com/2008_us_elections/Congressman_Rebukes_McCain_for_Recent_Rallies
In a statement posted on his reelection website, former civil rights leader and current Democratic congressman John Lewis accused the presidential campaign of John McCain of playing with fire, by using tactics that are taking America down a dangerous path.
http://digg.com/2008_us_elections/Lewis_McCain_and_Palin_Are_Playing_With_Fire
John Lewis Warns McCain: You're "Sowing The Seeds Of Hatred And Division" Georgia congressman and Civil Rights leader John Lewis, reacting to the increasingly incendiary atmosphere at McCain-Palin campaign rallies, condemned the GOP.
http://digg.com/2008_us_elections/John_Lewis_Warns_McCain
Sen. John McCain called a statement by a Georgia congressman Saturday, which compared the feeling at recent Republican rallies to those of segregationist George Wallace, "a brazen and baseless attack."
http://digg.com/2008_us_elections/McCain_calls_comments_by_Georgia_Democrat_shocking
Sen. John McCain called a statement by a Georgia congressman Saturday, which compared the feeling at recent Republican rallies to those of segregationist George Wallace, "a brazen and baseless attack." Rep. John Lewis, D-Georgia, who has been praised by McCain in the past, issued his statement after several days of headline-grabbing anger aimed...
http://digg.com/politics/McCain_defends_Palin_from_FEAR_MONGER_RACIST_D_John_Lewis
"Congressman John Lewis' comments represent a character attack against Governor Sarah Palin and me that is shocking and beyond the pale. The notion that legitimate criticism of Senator Obama's record and positions could be compared to Governor George Wallace, his segregationist policies and the violence he provoked is unacceptable and has no place
http://digg.com/2008_us_elections/Barack_Hussein_Obama_Supporters_Playing_the_Race_Card_AGAIN