Thursday, September 17, 2009
Federal biofuel mandate..................
Every year copious amounts of fertilizer and nutrient-rich sentiment dump into the Gulf of Mexico from the mouth of the Mississippi River, feeding massive algae blooms so large that they starve the ocean of oxygen. These oxygen-depleted waters, which last year grew to the size of Massachusetts, form a vast "dead zone" completely devoid of all marine life...Link
Alan Grayson Talks Fed Transparency....
In May, a cool and collected Congressman Alan Grayson questioned the Federal Reserve Inspector General about the trillions of dollars lent and spent by the Federal Reserve. Inspector General Elizabeth Coleman said she had no idea where the money went. Two months later, Congressman Grayson asked Federal Reserve Chairman Ben Bernanke the same questions. Here is the exact exchange:..Link
One of Dr. Paul's best interviews. Lots of subjects cover with easy to understand concise answers. The point about Obama's policies mirroring the Bush administration's was right on and the fact that the anti-war movement is completely gone. I guess Democrats are stoked on war too.....as long as it's the good war.
Eastern Europe grumbles..............
PRAGUE – Scuttling a missile defense shield in the Czech Republic and Poland helps smooth relations between the U.S. and Russia. But at what price? Some of America's staunchest allies are the East Europeans — and on Thursday, they expressed dismay at what many see as a slight after decades of their support for the U.S. Among them were some famous names, including Lech Walesa, the former Solidarity leader and Polish ex-president. "I can see what kind of policy the Obama administration is pursuing toward this part of Europe," he said ruefully, adding: "The way we are being approached needs to change."...Link
Eighty-six percent......Bernanke is out of touch.
Eighty-six percent of US adults believe the country remains in recession despite upbeat statements to the contrary from Federal Reserve chairman Ben Bernanke, a CNN/Opinion Research poll out Thursday showed. Only 13 percent of those surveyed agree with Bernanke, who on Tuesday said the US recession, which began in December 2007, "is very likely over at this point" from a technical perspective. "Economists have typically called an end to recessions long before the public thinks hard times have passed," said Keating Holland, the CNN polling director. "The recession of the early 1990s was officially over by 1991, but a majority of Americans didn't think the recession was over until late in 1993," Holland said...Link
How the Federal Reserve rips you off......
Most Americans haven’t thought much about the strange entity that controls the nation’s money. Visitors to Washington can see the Federal Reserve’s palatial headquarters, the monetary parallel to the Supreme Court or the U.S. Capitol. We hear the Fed chairman testify to Congress, citing complex data, making predictions, and attempting to intimidate anyone who would take issue. He postures as master of the universe, completely knowledgeable and in control. But how much do we really know about what goes on inside the Fed? Even with the newest round of bailouts, journalists had difficulty determining where the money was coming from and where it was headed. From its founding in 1913, secrecy and inside deals have been part of the way the Fed works...Link
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