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POPSKeep Consumers Safe There is an obvious way to begin. Bring back the Glass-Steagall Act. That was the original law, passed in the Roosevelt administration, that created deposit insurance. To limit the risk to the Treasury, it forbade a bank holding company from owning other financial companies. The law was repealed during the Clinton administration in order to let Citibank buy an insurance company.
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POPSHouse Attacks Fed, Treasury ... Ron Paul's Measure Approved 
The Fed faces a stinging backlash from legislators from both parties who argue that has too much power and too little oversight. On Thursday, the Senate Banking Committee began debating legislation that would largely remove the Fed from bank supervision over the objections of the Fed and the Obama administration. The Fed audit provision was added to pending legislation on financial regulation that the committee's chairman, Barney Frank, a Massachusetts Democrat, had planned to put to a vote Thursday. But he abruptly announced late in the afternoon that the bill wouldn't move ahead until after Thanksgiving. The reason: Ten members of the Congressional Black Caucus on the committee said they would oppose the bill to protest a lack of action to address the economic pain borne by their constituents. Although the economy appears to be growing again, lawmakers face increasing pressure in their districts to do more to boost growth and address an unemployment rate now at
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POPSDo with less so big business can have more Amazing to read about how our middle-class was essentially created in the 1950s through the on-going efforts of the strongest labor movement known to this country. Twenty years after, big business had enough - Paul Volcker chairman of the Board of Governors of the Federal Reserve System, Pres. Carter administration, spoke of giving workers a "cold-water bath" in the form of deliberate generation of high-unemployment. We need to take our country back from the stranglehold of big business
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POPS Flawed Logic But these bankrupt banks and savings and loans did not destroy the economy. The government gave banks time to work out their problematic loans. Meanwhile, the Reagan tax cuts sparked growth, and the economy eventually grew its way out of the worst of it. The Resolution Trust Corporation was finally put into place in the late 1980s to clean up the banks that just could not dig their own selves out of the mess. In other words, the Bush and Obama teams have done things that the Reagan administration would have never done. Mark-to-market accounting rules have significantly increased the size of financial market problems. Then, when mark-to-market rules forced banks to the brink, the government used this manufactured problem to justify its heavy hand of regulation and control. The stress tests were just another chapter in this saga. Government involvement begets more government involvement.
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POPSTreasury Secretary Geithner's Elite Global Connections The Group of Thirty and heads of central banks of the world. He also used to work for Henry "new world order" Kissinger. See article for much more. Michael Savage even exposed this further on his radio program saying this is an indication at where things are going. This is a hint to the coming globalization of the banking system, not just nationalization of some US banks. PM Gordon Brown and the G8 meetings have indicated movement the same direction. Geithner is not in office really to help the economy...but to help the banksters....who are in control of the governments, and consolidating power. After all, he came from the Federal Reserve Bank of NY.
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POPSImmelt Named To Obama's New Economic Advisory Board GE CEO to join independent group that will advise president on programs to jump-start economy The board, which will meet regularly to advise the president on programs to "jump-start" the economy and how those programs are working, features a mix of executives from various industries, academics, a representative of the AFL-CIO, and others. "I'm grateful that I will have the counsel of these talented and experienced men and women in the challenging months to come," the President said in announcing the board. "I created this board to enlist voices that come from beyond the echo chamber of Washington, DC, and to ensure that no stone is unturned as we work to put people back to work and to get our economy moving. We will meet regularly so that I can hear different ideas and sharpen my own, and seek counsel that is candid and informed by the wider world."
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POPSGold price manipulation
Gold is the barometer of the health of a nation's currency. When the amount of money in circulation in a particular country is steady, people tend to trust that currency and do not hesitate to hold onto it, or keep it parked in a bank account, or under a mattress. All other things being 'normal', the price of gold as expressed in that currency will tend to hold steady, and since gold does not draw interest, people will not be tempted to rush into purchasing gold. It is when the money supply is increasing, that people, especially those who have studied monetary history, begin to get anxious about the future purchasing power of that money, and initially some of them and eventually more and more investors begin to buy gold as protection against the price inflation that inevitably follows monetary inflation. It comes as no surprise that central banks take an interest in suppressing the gold price, to be able to add money to money supply without the barometer that mirrors their actio
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POPSGold manipulation evidence mounts ...The Gold Cartel would run out of enough available central bank gold to meet a growing annual supply/demand deficit over the next four years. ... really? Where has the Grasberg- and Yanacocho-Gold go to over all the Years?
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POPSil lato nero di OBAMA chi sono gli "aiutanti" di OBAMA? il CFR, il Bildeberg ed il Trilateral sono i tre organi sovranazionali di raccordo delle politiche mondiali che hanno deciso tanta parte degli ultimi 100 anni di storia. Questo mi ricorda il un famoso preside di facoltà, che si mise vicino il figlio di un membro della commissione bilancio. Chi era la spalla?
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POPSI love this Fed line The Fed is not a bureau, and I marvel at in incidences like this, it is made to appear as if it is a governmental position or post.
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POPSThe battle for Obama's economic soul Will it be Rubin and Summers - the Clinton-era advisors who abetted Greenspan and Gramm? Or will it be Volcker and Buffett, who, five years ago, called the new instruments "financial weapons of mass destruction?" Let's hope for the latter - the more Democratic - pair.
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POPSWall Street OWNS Obama Where do you think Obama got all that money?? He's been their boy right from the get-go. They recruited him in college through Tony Rezko, iniated him through Ayers and his wife, introduced him to rich and elite political and international power players, Trained him in Chicago, the toughest political turf in the country. All the time flooding his campaigns with their money. And consider this, despite Paulson's "who could see this coming", we ALL saw this financial desaster coming for YEARS!!! So WHY NOW??? Why now when this economic chaos practically hands the White House over to Obama. Its less than 60 days before the election. WHY NOW????
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POPSUN report: Parts USA = Third. World!!! War declared? UN hits back at US in report saying parts of America are as poor as Third World. The annual Human Development Report normally concerns itself with the Third World. Bush wants to replace multilateral solutions to international problems with a world order in which the US does as it likes on a bilateral basis. "This is the UN coming out all guns firing," said one UN insider. "It means that, even if we have a lame duck secretary general after the Volcker report (on the oil-for-food scandal), the rest of the organisation is not going to accept the US bilateralist agenda."
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