H.R. 1207 – LOGISTICS MONSTER

Dec

2009

Michele Bachmann On Barney Frank’s Financial Reform Legislation

UncategorizedBarney Frank, Federal Reserve, H.R. 1207, H.R. 4173, Michele Bachmann

I started reading the first draft of the financial regulatory reform legislation back at the end of October when it was 253 pages but it kept changing; first to 379 pages and now 1,279 pages. The latest draft was put out on the house floor a few days ago and guess what, they are voting on it today. Not very many people have been paying attention to the complete takeover of the financial sector by progressive democrats because everybody has been talking about the Senate health care bill. One needs to remember that whoever controls the purse strings, controls the…

Sep

2009

By Logistics Monster

Live Streaming H.R. 1207 Committee Hearing (Updated)

PoliticsBarney Frank, Financial Services Committee, H.R. 1207, Live Streaming Video

Update: 9.25.09: For those of you that missed the hearing, (like myself), go here for a 3 hour C-Span video of the hearing. ******** (H/T Clyde) For those of you that want to watch the live stream of the House Committee on Financial Services hearing led by Barney Frank on H.R. 1207; Ron Paul's Audit The Fed bill starting at 9am Friday, 9.25.09, go here. I, of course, will have to catch up later....please keep me posted in comments if you do decide to watch, and there is anything newsworthy.

Jun

2009

By Logistics Monster

The Federal Reserve Is “Quite Transparent”

PoliticsBen Bernanke, H.R. 1207, Rep. John Duncan, The Federal Reserve

Watch this video and you tell me if Ben Bernanke doesn't look like he is doing a damn fine impression of a deer in the headlights? It is a rare moment when one sees Bernanke squirming and speaking rather rapidly - two hallmarks of Bernanke freaking out. TurboTaxTimmie does the very same thing when he is under fire, and they both realize that their power is slipping away. Bernanke: "My concern about the legislation (HR1207) is that if the GAO (Government Accountability Office) is auditing not only the operational aspects of our programs, the details of the programs, but is…

Jun

2009

By Logistics Monster

Angela Merkel Is Starting To Understand Thomas Jefferson

The Federal ReserveAngela Merkel, Federal Reserve, H.R. 1207, Thomas Jefferson

What part of this: If the American people allow private banks to control the issuance of their currency, first by inflation and then by deflation, the banks and corporations that will grow up around them will deprive the people of all their property until their children wake up homeless on the continent their fathers conquered - Thomas Jefferson do people not understand? Are we there yet? Damned if I don't think we are there now when every single American household owes over $500,000 now to the Federal Government for the crack smokin' government's spending bills. That $500,000 bill was something…