Thursday, February 27, 2014
Video: Abel Danger With Karen Hudes 2-26-2014 - Exposing Banksters Joint Chief Martin Dempsey
The Rumor Mill News Reading Room
Video: Abel Danger With Karen Hudes 2-26-2014 - Exposing Banksters Joint Chief Martin Dempsey
Posted By: Lion [Send E-Mail]
Date: Wednesday, 26-Feb-2014 22:24:17
Date: Wednesday, 26-Feb-2014 22:24:17
|
DIRECT INTEL 8:34 AM EST
Sent:
Thursday, February 27, 2014 8:45:55 AM
Subject: Fwd: DIRECT INTEL 8:34 AM EST
Subject: Fwd: DIRECT INTEL 8:34 AM EST
project C has been
implemented???
|
Black Pastor Calls President Obama the Worst President He's Ever Seen
http://godfatherpolitics.com/14523/black-pastor-calls-president-obama-worst-president-hes-ever-seen/
Black Pastor Calls President Obama the Worst
President He's Ever Seen
It’s remarkable that many people can’t see the difference. It’s the inability to think rationally that embowers leftist arguments.
Maybe the Coalition of African American Pastors (CAAP) can turn the tide before irrational sexual exuberance destroys our nation. CAAP is working to collect one million signatures to support the argument that same-sex sexuality is not a civil right that can be compared to what blacks have gone through in America.
“The pastors of the CAAP believe Obama’s decision to champion the gay rights movement as a civil rights movement is a gross misapplication.
“‘They are trying to stand on the backs of real civil rights characters that stood up for what they believe regardless of who they were dealing with. I detest [the Obama administration for] calling it a civil rights movement. It’s not a civil rights movement; it’s a civil wrongs movement,’ CAAP President and Founder Rev. Bill Owens said.
The members of CAAP have singled out one of their own for impeachment – the current Attorney General of the United States, Eric Holder. The black pastors have pointed out that Eric Holder has repeatedly circumvented established law to promote a particular type of sexual behavior and forced his own personal views on the states. He has violated his oath of office by “attempting to impose same-sex ‘marriage’ throughout the nation.”
Consider this statement by Holder that he made at the Human Rights Campaign in New York: “In every courthouse, in every proceeding and in every place where a member of the Department of Justice stands on behalf of the United States, they will strive to ensure that same-sex marriages receive the same privileges, protections and rights as opposite-sex marriages under federal law.”
These pastors understand the implications of what a renegade government official can do. If he can circumvent the law in one area, then he can do it in other areas.
Rev. Bill Owens went on to say:
“As much as President Obama and Attorney General Holder would like it to be otherwise, we live in a democracy — with government of, by, and for the people — not a monarchy ruled by a king issuing decrees from on high. The citizens of several states who have voted overwhelmingly to preserve marriage have had their votes voided and thrown out by radical federal judges, and the Obama administration — in particular the Justice Department — has been shamefully complicit in this attack on the rights of those voters.”
Owens is unsparing in his condemnation. He’s not letting color and race get in the way. “In my lifetime,” he said, “I’ve never seen a president as bad as this president.”
Here’s the truth-telling bombshell that will not get out through the mainstream media:
“If you go back to the civil rights movement, they had consensus from both sides of the aisle; they had Republicans and they had Democrats. I think people who really don’t know what happened during that time don’t realize that it was not just the Democrats, it was the Republicans; as a matter of fact, many southern Democrats were adamantly against the civil rights bill, and I believe the ship was able to reach across the aisle because it was the right thing to do. It was right to give black citizens the right to vote, the right to live the American dream. Now, we don’t live the American dream, we live the American nightmare.”
Yes, it was mostly Democrats that opposed the Civil Rights Act of 1964. Al Gore’s father was one of them.
Now if we can only get these black religious leaders to understand that it's liberal economic policies that have have created a slavery without physical chains.
Report: Cops Continued Beating Dead, Unarmed Suspect
This type of 'police work' is OUTRAGEOUS in our nation! This is NOT ACCEPTABLE in America! These thugs aka 'cops' need to be prosecuted to the fullest extent of the law, including charges of MURDER! This is some sort of sickness and it is spreading all across our nation. IT NEEDS TO BE STOPPED NOW!!!!
Report: Cops Continued Beating Dead, Unarmed Suspect
Go to link for video.
Family releases raw cellphone footage of man dying in police custodyAdan Salazar Infowars.com February 25, 2014
The lawyer for a family whose patriarch died after a one-sided confrontation with police says officers may have continued beating the man even after he was already dead.
The attorney’s remarks come as outrageous new raw footage documenting the last moments of the man’s life is released.
The footage shows five exhausted officers pinning a handcuffed man face down to the ground in the parking lot of the Moore Warren Movie Theater in Moore, Okla., while his wife is heard begging police to stop.
Police say the man who died, 44-year-old Luis Rodriguez, was confrontational when they approached to question him concerning a domestic disturbance call, however, the family’s attorney, Michael Brooks-Jimenez, says Rodriguez was not involved in the initial dispute.
Officers next pepper sprayed, beat, then proceeded to handcuff Rodriguez, possibly after he had already died, Brooks-Jimenez asserts.
“He was not involved in the disturbance. However, when police came, they focused their attention on Luis. Taking him face down onto the pavement, pepper-spraying his mouth, nose and eyes and putting the weight of five grown men on top of him, and then handcuffing him as he was unconscious or already dead,” the Rodriguez family lawyer said.
“Luis committed no crime. He wasn’t armed. No gun. No knife. No weapon of any kind. But Luis was the one who lost his life that night,” Brooks-Jimenez adds.
In the video, fatigued officers cease a five-person dog pile to reveal a limp Rodriguez, whose lifeless body police attempt to prop up in an effort to save face.
“Papa! Is he OK?,” Rodriguez’s wife cries out as he’s loaded on to a stretcher. “He doesn’t move. He doesn’t move! You kill him! You kill him! You killed my husband! Please somebody tell me that he’s alive!”
Meanwhile, a few of the participating officers can be overheard lobbing threats, saying she could “get herself in trouble” if she didn’t comply with their orders.
Three of the five officers have reportedly been placed on administrative leave while the Oklahoma Bureau of Investigations look into the matter. As of yet, there is no lawsuit pending and the theater’s surveillance footage has yet to be released. Autopsy results are also pending.
Though the footage is powerful, video evidence showing officers committing essentially murder is no longer necessarily enough for a conviction, as seen recently in the aquittal of two officers involved in the death of homeless man Kelly Thomas.
Wethrin - RV hours away
Wethrin (Thursday, February
27 - Early A.M. EST) [sounds like RV could be hours away, not days]
I AM HEARING NOTHING BUT GOOD
THINGS AND A LOT OF EXCITEMENT THIS MORNING AND ALL THRU THE NIGHT, THE LAST
MINUTE THINGS THEY ARE WORKING FOR AND COMPLETING ARE TO YOUR BENEFIT, SO WE
WAIT EXPECTANTLY FOR THEM TO FINISH, THAT IS ALL.
SHARE MY WORDS AND ESPECIALLY
SHARE MY LOVE AND COMPASSION WITH EACH OTHER. WE MUST STAND STRONG AND UNITED
NOW, TNT STRONG. HELP EACH OTHER AS WE COMPLETE THIS CYCLE. PLEASE BE KIND. IM
OUT.
SOME MAY CALL IT ANOTHER
DELAY, I MERELY SEE IT AS THOSE WHO SEEK COMPLETION BEING THOROUGH AND TAKING
ADVANTAGE OF SOMETHING TO ALL OF OUR BENEFIT AT THE LAST MINUTE, EVEN IF IT
TOOK A LITTLE WHILE LONGER THAN EXPECTED. IT’S A GOOD THING.
New Fed Chairman Angrily Rejects Central Bank Audit - THE US AND AMERICAN CONTINENTAL DEBT WAS PAID! THE FED. R.'S CONTRACT IS UP! AUDIT IS REQUIRED
New
Fed Chairman Angrily Rejects Central Bank Audit http://americanfreepress.net/?p=15794
Something fishy is going on! The "copying" of the article ? Try it!
There is no reason for Mr. Obama to be standing with "begging cup in hand" to repair failing infra-structure. The DEBT of $6.5 TRILLION
DOLLARS was paid.. THE AUDIT WILL PROVE THAT TO BE TRUE. The DEBT PAYMENT-DEBT CONVERSION WAS PAID WITH GOLD
COLLATERAL, IT CONTAINED "SPECIFIC CONDITIONS" BEING ALL PROPERTY SOLD UNDER EXECUTIVE ORDER 12803 MUST BE
RETURNED! THIS REQUIRES AN AUDIT!
Something fishy is going on! The "copying" of the article ? Try it!
There is no reason for Mr. Obama to be standing with "begging cup in hand" to repair failing infra-structure. The DEBT of $6.5 TRILLION
DOLLARS was paid.. THE AUDIT WILL PROVE THAT TO BE TRUE. The DEBT PAYMENT-DEBT CONVERSION WAS PAID WITH GOLD
COLLATERAL, IT CONTAINED "SPECIFIC CONDITIONS" BEING ALL PROPERTY SOLD UNDER EXECUTIVE ORDER 12803 MUST BE
RETURNED! THIS REQUIRES AN AUDIT!
Click here for the Archived
Webcast of this hearing.
Mrs. Yellen was also scheduled to address the Senate Banking Committee
February 13 as part of her twice yearly report to Congress, but it was
postponed.
- See more at: http://americanfreepress.net/?p=15794#sthash.nA92lNbc.dpufhttp://americanfreepress.net/?p=15794
ONE must ask of one's self "What is the
Federal Reserve Banking System and Ms. Yellen [Chm.] hiding in the Feds banking
system when
such hostility is evidenced at the simple request to Audit the Books especially when the Gold Reserves of this nation and many other nations
are coming up short, if non existent? HOWEVER! When Ms. Yellen appeared before the House Financial Services Committee on February 11t
she became very hostile when the subject of "Audit" was proposed.
Considering former Chairman of the Fed. R. "SIR" Alan Greenspan, and former president of the United States "SIR" G.H.W. Bush were business
associates with my 'husband' the Contra Account Holder involved with the CI-Ltd. Banking [Central Intelligence] and further considering the
Account Holder was murdered, his signature lifted and notarized four (4) years after his death by those involved which further included the Council
on Foreign Relations who took it even further by their forgeries of Prime Bank Instruments and when those PBI'S came due, they could not be paid
nor recognized by the BASSEL I-II and III provisions of showing (a) Source authorization (b) Good, Clean, Clear Marketable Funds.
If I were Ms. Yellen I would not raise such a fuss that it would involve me "after the fact" in that which, if investigated will prove another "murder" which
the Statutes never expire. Nor would I allow myself to be put out on the 'hook' and left hanging to 'dry & die' for someone else ..
such hostility is evidenced at the simple request to Audit the Books especially when the Gold Reserves of this nation and many other nations
are coming up short, if non existent? HOWEVER! When Ms. Yellen appeared before the House Financial Services Committee on February 11t
she became very hostile when the subject of "Audit" was proposed.
Considering former Chairman of the Fed. R. "SIR" Alan Greenspan, and former president of the United States "SIR" G.H.W. Bush were business
associates with my 'husband' the Contra Account Holder involved with the CI-Ltd. Banking [Central Intelligence] and further considering the
Account Holder was murdered, his signature lifted and notarized four (4) years after his death by those involved which further included the Council
on Foreign Relations who took it even further by their forgeries of Prime Bank Instruments and when those PBI'S came due, they could not be paid
nor recognized by the BASSEL I-II and III provisions of showing (a) Source authorization (b) Good, Clean, Clear Marketable Funds.
If I were Ms. Yellen I would not raise such a fuss that it would involve me "after the fact" in that which, if investigated will prove another "murder" which
the Statutes never expire. Nor would I allow myself to be put out on the 'hook' and left hanging to 'dry & die' for someone else ..
PUBLIC NOTICE - the
antechamber
http://www.theantechamber.net/V_K_Durham/VkPublicNotice.html
Oct 18, 2003 - October 7, 2003 P U B L I C N O T I C E (Caution Some image links contained in this page lead to images
that are of a very graphic nature
Mrs. Yellen’s demeanor noticeably changed when that sore spot was
exposed. She made it clear that in no manner whatsoever would the Fed ever
allow an in-depth government audit to “second guess” the sacred monetary policy
conducted behind closed doors by the Fed’s Open Market Committee (FOMC).
That committee publishes minutes and a basic schedule, but even
presidents and Congress members cannot attend FOMC’s meetings. The Fed calls
that “independence,” which it certainly is. But critics say that deciding how
much money enters the economy, and under what terms, is a critical piece of the
Fed’s actions that needs to be much better understood and closely watched, not
hidden.
Posey called Paul’s audit bill “the most-sponsored bipartisan
bill” that’s been put before the House in recent memory. It passed the House
with flying colors in mid-2012 but was blocked in the Senate. Paul’s son,
Senator Rand Paul (R-Ky.), reintroduced it in the
current Congress as S. 209. A similar bill is
parked in committee on the House side.
- See more at: http://americanfreepress.net/?p=15794#sthash.nA92lNbc.dpuf
House Financial Services Committee February 11,
she gave relaxed answers to most questions. But two members of Cong - See more
at: http://americanfreepress.net/?p=15794#sthash.nA92lNbc.dpuf
including the deaths of over 3,000 Americans at the WTC'S because THE DEBT INSTRUMENTS of September 12, 1991 came due at Cantor Fitzgerald.
MORE 9/11 CANTOR
FITZGERALD, GOLDMAN SACHS, FED.
http://www.theantechamber.net/V_K_Durham/More911FinancialTerror.htm
Dec 19, 2006 - Cash payoffs, bonds and murder linked to White House 911 finance .... an as yet
unidentified operation;
THESE DEATHS MUST ALSO BE ACCOUNTED FOR ALSO
THESE DEATHS MUST ALSO BE ACCOUNTED FOR ALSO
· CONTRA FALL-OUT; WHO IS MURDERING
"WHO" TO REMAIN ...
http://www.theantechamber.net/V_K_Durham/ContraFallOutMurder.htm the
OBVIOUS DESTRUCTION OF PAPER TRAILS such as THE WORLD TRADE TOWERS, CREDIT
LYONAISE, AND WINDSOR TOWER ...
· such as THE WORLD TRADE TOWERS, CREDIT
LYONAISE, AND WINDSOR
TOWER see September 11 Commission Report
Revised December 2008
Those with "Diplomatic Immunity Privileges" authorized by the Council on Foreign Relations, Clinton Administration, Federal Reserve Banking, US Treasury
tied to the Prime Bank Instrument Frauds operation out of the Philippines banking through Manny Madoff's International Durham Ltd. Off Shore Banking of the Netherlands ABN AMRO using the ABN AMRO MeesPierson with the connector banks listed http://hfsoffshore.com/Order01.aspx?kw=offshore%20banking&mm_campaign=cdee62e6eb8c8e68154b2606ecd1997a&keyword=offshore%20banking&gclid=CJej4bmlrbwCFUtp7AodsWkArg
What amount would you care to bet the following accounts are not associated with the formerly mentioned ABN AMRO Netherlands Banking system?! http://www.tomflocco.com/Docs/Gs/GigaScandal.htm and secret financial network behind those "grand cayman giga accounts"
Back
to the Philippine Operation. This group incorporated Cosmos Seafood
Energy Marketing, Ltd; Nevada ID# 1707-85 ignoring the fact the corporation is held in TRUST, and in
specifics Durham International Ltd; Trust and Durham (Intl. Ltd;) HOLDING TRUST (TIAS 12087) to take care of that little boo-boo a doppleganger operation
under the name of International Durham Ltd. was put into operation, which fell
on it's face due to the inability to show "authorization-source of
collateral-good, clean, clear marketables. But! when over 62,000 [averaging
a minimum of $10 Billion Dollars] [see:
http://www.theantechamber.net/VkDocuments/DocGroupG/Gpage4.html of these worthless 'derivatives' were put out in the
Far East Banking, and the World Bank-IMF
held, themselves over 5,868 of these worthless
Gold Derivatives authorized by President George Bush (#41) in 1991, giving
James Baker III, Alan Greenspan, Nicholas Brady, the authorization to
"use" property that did not belong to the United States, was not
under Presidential Authorization i.e., The Treaty instruments held in Trust known as Bonus 3392-181
New Fed Chairman Angrily Rejects Central Bank Audit
New Fed Chairman Angrily Rejects Central Bank Audit
Click here for the Archived
Webcast of this hearing.
Mrs. Yellen was also scheduled to address the Senate Banking Committee
February 13 as part of her twice yearly report to Congress, but it was
postponed.
- See more at: http://americanfreepress.net/?p=15794#sthash.nA92lNbc.dpuf
Janet Yellen bristles when asked about audit of Federal Reserve
By Mark Anderson
When Janet Yellen appeared before the House Financial Services Committee
February 11, she gave relaxed answers to most questions. But two members of
Congress that day touched a nerve when they each grilled the newly confirmed
chairman of the privately owned and controlled Federal Reserve on the merits of
former Texas maverick Representative Ron Paul’s bill to audit the Fed.
Click here for the Archived
Webcast of this hearing.
- See more at: http://americanfreepress.net/?p=15794#sthash.nA92lNbc.dpuf
Mrs. Yellen was also scheduled to address the Senate Banking Committee February
13 as part of her twice yearly report to Congress, but it was postponed.
- See more at: http://americanfreepress.net/?p=15794#sthash.nA92lNbc.dpuf
By Mark Anderson
When Janet Yellen appeared before the House Financial Services Committee
February 11, she gave relaxed answers to most questions. But two members of
Congress that day touched a nerve when they each grilled the newly confirmed
chairman of the privately owned and controlled Federal Reserve on the merits of
former Texas maverick Representative Ron Paul’s bill to audit the Fed.
- See more at: http://americanfreepress.net/?p=15794#sthash.nA92lNbc.dpuf
See more at: http://americanfreepress.net/?p=15794#sthash.nA92lNbc.dpuf
See more at: http://americanfreepress.net/?p=15794#sthash.nA92lNbc.dpuf
New Fed Chairman Angrily Rejects Central Bank Audit
February 24, 2014 AFP
• Janet Yellen bristles when asked about audit of Federal Reserve
By Mark Anderson
When Janet Yellen appeared before the House Financial Services Committee
February 11, she gave relaxed answers to most questions. But two members of
Congress that day touched a nerve when they each grilled the newly confirmed
chairman of the privately owned and controlled Federal Reserve on the merits of
former Texas maverick Representative Ron Paul’s bill to audit the Fed.
Click here for the Archived
Webcast of this hearing.
Mrs. Yellen was also scheduled to address the Senate Banking Committee
February 13 as part of her twice yearly report to Congress, but it was
postponed.
At the House hearing, Representative Bill Posey
(R-Fla.) and Representative Michele Bachmann (R-Minn.) not
only pressed Mrs. Yellen on what she’d think of Paul’s bill if it were
operational, they also touched on monetary policy—the Holy Grail of Fed operations.
Mrs. Yellen’s demeanor noticeably changed when that sore spot was
exposed. She made it clear that in no manner whatsoever would the Fed ever
allow an in-depth government audit to “second guess” the sacred monetary policy
conducted behind closed doors by the Fed’s Open Market Committee (FOMC).
That committee publishes minutes and a basic schedule, but even
presidents and Congress members cannot attend FOMC’s meetings. The Fed calls
that “independence,” which it certainly is. But critics say that deciding how
much money enters the economy, and under what terms, is a critical piece of the
Fed’s actions that needs to be much better understood and closely watched, not
hidden.
Posey called Paul’s audit bill “the most-sponsored bipartisan
bill” that’s been put before the House in recent memory. It passed the House
with flying colors in mid-2012 but was blocked in the Senate. Paul’s son,
Senator Rand Paul (R-Ky.), reintroduced it in the
current Congress as S. 209. A similar bill is
parked in committee on the House side.
An unavoidable question is that if Bachmann and Posey think an audit
is so important, then why don’t we see more action on these ready-to-go audit
bills?
When Mrs. Yellen indicated that she finds it hard to believe
Congress may not fully trust the Federal Reserve, Posey shot back: “Some of us
believe in the adage ‘trust but verify.’”
He told Mrs. Yellen that federal agencies are subjected to
government audits that the Fed somehow avoids, apart from sundry audits
conducted by private accounting firms. Why not the Fed?
Posey stressed to Mrs. Yellen that Paul’s audit bill limits itself
to “post-decision audits.” That means that individual Fed actions, including
those taken by the FOMC, would not be second-guessed. Posey thought that
condition would cure Mrs. Yellen’s jitters about elected officials looking over
the Fed’s shoulder when it devises and implements monetary policy.
He was mistaken.
While Mrs. Yellen made a throw-away remark that perhaps the
Government Accountability Office could visit the Fed and read its meeting
transcripts, she kept returning to the same-old Fed boilerplate that
“political” intervention (read: public input or real accountability) is not
welcome at the Federal Reserve.
“An audit is different than second-guessing policy judgments,” she
stated with a faint hint of contempt.
As if reading a script, Mrs. Yellen repeated that the Fed’s
assigned duty is to “maximize sustainable employment and price stability.” She
added: “[Keeping] inflation running well below 2% is our objective.”
Mrs. Bachmann, who also pressed Mrs. Yellen about her view of an
audit, stressed that there is growing public criticism of the Fed. She asked
how struggling Americans could ever hope to have any control over their often
gloomy economic destinies if the Fed insists that a real public audit is
unacceptable.
Mrs. Yellen only replied that committee hearings like this one
were pretty much all Americans and Congress could ever hope to have in terms of
influencing or in any way trying to steer the Fed.
Among other things, Mrs. Yellen said the Fed has plans to carry
out “proposed rulemaking” to address highly risky ventures engaged in by banks.
This was in response to a question on why most banks engage in elaborate
investments without providing a practical benefit to the productive sector. She
added that the Fed would cooperate with the Securities and Exchange Commission,
which she feels has more authority in this respect.
She also declared the dollar is stable and will always be the
world’s reserve currency. But she made that statement while largely avoiding
the question of what the Fed would do if the dollar loses its reserve status
amid nations increasingly trading with other currencies.
She casually dodged the statement by Representative Brad
Sherman (D-Calif.) that “we need Jimmy Stewart
banking back in the U.S.” He was referring to the community-friendly banker
played by Stewart in “It’s a Wonderful Life.”
Sherman is concerned that the Fed is too tolerant of banks that
only loan to large interests and deny loans to small business owners.
Mark Anderson is AFP’s roving reporter.
- See more at: http://americanfreepress.net/?p=15794#sthash.nA92lNbc.dpuf
New Fed Chairman Angrily Rejects Central Bank Audit
February 24, 2014 AFP
• Janet Yellen bristles when asked about audit of Federal Reserve
By Mark Anderson
When Janet Yellen appeared before the House Financial Services Committee
February 11, she gave relaxed answers to most questions. But two members of
Congress that day touched a nerve when they each grilled the newly confirmed
chairman of the privately owned and controlled Federal Reserve on the merits of
former Texas maverick Representative Ron Paul’s bill to audit the Fed.
Click here for the Archived
Webcast of this hearing.
Mrs. Yellen was also scheduled to address the Senate Banking Committee
February 13 as part of her twice yearly report to Congress, but it was
postponed.
At the House hearing, Representative Bill Posey
(R-Fla.) and Representative Michele Bachmann (R-Minn.) not
only pressed Mrs. Yellen on what she’d think of Paul’s bill if it were
operational, they also touched on monetary policy—the Holy Grail of Fed
operations.
Mrs. Yellen’s demeanor noticeably changed when that sore spot was
exposed. She made it clear that in no manner whatsoever would the Fed ever
allow an in-depth government audit to “second guess” the sacred monetary policy
conducted behind closed doors by the Fed’s Open Market Committee (FOMC).
That committee publishes minutes and a basic schedule, but even
presidents and Congress members cannot attend FOMC’s meetings. The Fed calls that
“independence,” which it certainly is. But critics say that deciding how much
money enters the economy, and under what terms, is a critical piece of the
Fed’s actions that needs to be much better understood and closely watched, not
hidden.
Posey called Paul’s audit bill “the most-sponsored bipartisan
bill” that’s been put before the House in recent memory. It passed the House
with flying colors in mid-2012 but was blocked in the Senate. Paul’s son,
Senator Rand Paul (R-Ky.), reintroduced it in the
current Congress as S. 209. A similar bill is
parked in committee on the House side.
An unavoidable question is that if Bachmann and Posey think an
audit is so important, then why don’t we see more action on these ready-to-go
audit bills?
When Mrs. Yellen indicated that she finds it hard to believe
Congress may not fully trust the Federal Reserve, Posey shot back: “Some of us
believe in the adage ‘trust but verify.’”
He told Mrs. Yellen that federal agencies are subjected to
government audits that the Fed somehow avoids, apart from sundry audits
conducted by private accounting firms. Why not the Fed?
Posey stressed to Mrs. Yellen that Paul’s audit bill limits itself
to “post-decision audits.” That means that individual Fed actions, including
those taken by the FOMC, would not be second-guessed. Posey thought that
condition would cure Mrs. Yellen’s jitters about elected officials looking over
the Fed’s shoulder when it devises and implements monetary policy.
He was mistaken.
While Mrs. Yellen made a throw-away remark that perhaps the
Government Accountability Office could visit the Fed and read its meeting
transcripts, she kept returning to the same-old Fed boilerplate that
“political” intervention (read: public input or real accountability) is not
welcome at the Federal Reserve.
“An audit is different than second-guessing policy judgments,” she
stated with a faint hint of contempt.
As if reading a script, Mrs. Yellen repeated that the Fed’s
assigned duty is to “maximize sustainable employment and price stability.” She
added: “[Keeping] inflation running well below 2% is our objective.”
Mrs. Bachmann, who also pressed Mrs. Yellen about her view of an
audit, stressed that there is growing public criticism of the Fed. She asked
how struggling Americans could ever hope to have any control over their often
gloomy economic destinies if the Fed insists that a real public audit is
unacceptable.
Mrs. Yellen only replied that committee hearings like this one
were pretty much all Americans and Congress could ever hope to have in terms of
influencing or in any way trying to steer the Fed.
Among other things, Mrs. Yellen said the Fed has plans to carry
out “proposed rulemaking” to address highly risky ventures engaged in by banks.
This was in response to a question on why most banks engage in elaborate
investments without providing a practical benefit to the productive sector. She
added that the Fed would cooperate with the Securities and Exchange Commission,
which she feels has more authority in this respect.
She also declared the dollar is stable and will always be the
world’s reserve currency. But she made that statement while largely avoiding
the question of what the Fed would do if the dollar loses its reserve status
amid nations increasingly trading with other currencies.
She casually dodged the statement by Representative Brad
Sherman (D-Calif.) that “we need Jimmy Stewart
banking back in the U.S.” He was referring to the community-friendly banker
played by Stewart in “It’s a Wonderful Life.”
Sherman is concerned that the Fed is too tolerant of banks that
only loan to large interests and deny loans to small business owners.
Mark Anderson is AFP’s roving reporter.
- See more at: http://americanfreepress.net/?p=15794#sthash.nA92lNbc.dpuf
• Janet Yellen bristles when asked about audit of Federal Reserve
By Mark Anderson
When Janet Yellen appeared before the House Financial Services Committee
February 11, she gave relaxed answers to most questions. But two members of
Congress that day touched a nerve when they each grilled the newly confirmed
chairman of the privately owned and controlled Federal Reserve on the merits of
former Texas maverick Representative Ron Paul’s bill to audit the Fed.
Click here for the Archived
Webcast of this hearing.
Mrs. Yellen was also scheduled to address the Senate Banking Committee
February 13 as part of her twice yearly report to Congress, but it was
postponed.
At the House hearing, Representative Bill Posey
(R-Fla.) and Representative Michele Bachmann (R-Minn.) not
only pressed Mrs. Yellen on what she’d think of Paul’s bill if it were
operational, they also touched on monetary policy—the Holy Grail of Fed
operations.
Mrs. Yellen’s demeanor noticeably changed when that sore spot was
exposed. She made it clear that in no manner whatsoever would the Fed ever
allow an in-depth government audit to “second guess” the sacred monetary policy
conducted behind closed doors by the Fed’s Open Market Committee (FOMC).
That committee publishes minutes and a basic schedule, but even
presidents and Congress members cannot attend FOMC’s meetings. The Fed calls
that “independence,” which it certainly is. But critics say that deciding how
much money enters the economy, and under what terms, is a critical piece of the
Fed’s actions that needs to be much better understood and closely watched, not
hidden.
Posey called Paul’s audit bill “the most-sponsored bipartisan
bill” that’s been put before the House in recent memory. It passed the House
with flying colors in mid-2012 but was blocked in the Senate. Paul’s son,
Senator Rand Paul (R-Ky.), reintroduced it in the
current Congress as S. 209. A similar bill is
parked in committee on the House side.
- See more at: http://americanfreepress.net/?p=15794#sthash.nA92lNbc.dpuf
New Fed Chairman Angrily Rejects Central Bank Audit
February 24, 2014 AFP
- See more at: http://americanfreepress.net/?p=15794#sthash.nA92lNbc.dpuf
New Fed Chairman Angrily Rejects Central Bank
Audit - See more at: http://americanfreepress.net/?p=15794#sthash.nA92lNbc.dpuf
God speaks to this 13yr old Cowboy
God
speaks to this 13yr old Cowboy.
Date: Wed, Feb 26, 2014
at 7:59 PM
We
sometimes think we are beginning to figure it all out—after 7 1/2 decades
of trying. This young man has it figured out at the age of 10.
Were the Sochi Olympics really the most corrupt Games ever?
Episode 158: Dave Zirin on The Collision of Sports and Politics
Dave Zirin has been called, quite simply, the ‘best sportswriter
in the United States’. He’s an author (“Game Over: How Politics Has Turned the Sports World Upside Down“, “Bad Sports: How Owners Are Ruining the Games We Love“), is
a respected commentator on the sports-politics relationship, and
holds the position of Sports Editor at The Nation.
He
joined Guy Evans to discuss the unprecedented corruption seen at the Sochi
Olympics, Muhammad Ali’s legacy, the NFL concussion issue, and much more.
Enjoy!
--
Wow! Ferrari Tire change
Subject:
Fwd: Wow! Ferrari Tire change
Date: Wed, 26 Feb 2014 21:56:08 -0500
Check
the "in pit" time. Impressive.
The prep time is actually longer.
I watched this 6-7 times to see what the different people are doing.
It helps to concentrate on just one of the 18 crew members at a time.
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