America, Know Your Government-Push For The Transparency Act

In the size of a lie there always contained a certain factor of credibility, since the mass of people will more easily fall victim to a great lie, opposed to a small one. – Adolph Hilter

The individual becomes handicapped when come face-to-face with a conspiracy so monstrous, he cannot believe it exist! –J. Edgar Hoover

In The World of Finance
Thomas Jefferson, on living within your means:
"But I know nothing more important to inculcate into the minds of young people than the wisdom, the honor, and the blessed comfort of living within their income, to calculate in good time how much less pain will cost them the plainest stile of living which keeps them out of debt, than after a few years of splendor above their income, to have their property taken away for debt when they have a family growing up to maintain and provide for."
-- From a letter to Martha Jefferson Randolph in 1808

Please Read!


Did you know the new tower replacing the twin towers in NYC is supposed to be a reflection of American pride and resolve. Thats what our government wants us to believe in. So why did they award the glass panelscovering the exterior to Beijing Glass of China. One of the largest wind farms every built is going up in west Texas. Being sponsored with tax payer Stimulus money. All the wind turbins were awared to a Chinese company. Score- 2500 jobs in China, 300 in the good old USA. All sponsored by our money. This is our own government allowing this to happen. Our own government, with their life long pensions and health carethat they voted for themselves...........do you still think our government is 'of the people, by the people and for the people bippy?>>>>>.Go To Financial 101.....2009 for the year before's fiasco


WAIT A MINUTE....
Is it true? Has the 'whole' world economy been manipulated so it has depended upon America having a huge middle class of workers that help support and run the economy? .......If true, then it looks like the whole world is in deep trouble. Houston......we have a problem! (this is for those of you who haven't been paying attention yet!)
2/3/11According to in-house memos now circulating, the DHS has issued orders to banks across America which announce to them that "under the Patriot Act" the DHS has the absolute right to seize, without any warrant whatsoever, any and all customer bank accounts, to make "periodic and unannounced" visits to any bank to open and inspect the contents of "selected safe deposit boxes." -U.S DEPARTMENT OF HOMELAND SECURITY HAS TOLD BANKS - IN WRITING - IT MAY INSPECT SAFE DEPOSIT BOXES WITHOUT WARRANT AND SIEZE ANY GOLD, SILVER, GUNS OR OTHER VALUABLES IT FINDS INSIDE THOSE BOXES! 1/30/111/31/11-Ripping You Off: The Bears on the clearest explanation yet of the ongoing criminal acts called bailouts, 1/31/11This rush for one of the most precious metals on Earth—especially with the commodity price flirting with $1,500 per ounce-is a mean-spirited, lawless, destructive juggernaut into the heart of the once Eden-like Madre de Dios [Mother of God] region of the shadowy Peruvian rainforest. -New gold rush breaks out in the Amazon jungle.1/30/11Peculiarly (and I’ll have to admit I’m among the guilty), a state-wide halt of foreclosures by a Bank of America unit in Nevada earlier in the week attracted remarkably little notice. The number of foreclosures in involved is meaningful, over 8000. The reason may seem somewhat technical, and presumably would not apply to other BofA units, namely, that the entity, ReconTrust Co, is operating without a proper business license. But then it gets interesting. -Bank of America Fighting to Reverse Foreclosure Freeze in Nevada, 1/29/11-Jim Grant: "The Fed Is Now In The Business Of Manipulating The Stock Market...Should Confess It Has Sinned Grievously", 1/28/111/29/11District officials want to find out who "uncommonly antagonistic" individuals are by tracing requests for public records, while federal government paints cash users as potential terrorists. -California Residents Hit With Government Ban On Paying By Cash, 1/27/111/25/11-The End Game Has Begun, 1/25/111/23/11-Wall Street celebrates record profits, 1/18/111/19/11-'Fear and Love Make Gold Strong', 1/19/11-Cheapest Way to Buy Silver, 1/17/11-Virginia Considers Dollar Collapse, Gold Currency, 1/18/111/17/11-Central Banking 101: What the Fed Can do as "Lender of Last Resort", 1/17/11-Banks Walking Away From Homes, 1/17/11-10000 Foreclosures TOSSED OUT in One MD Ruling!, 1/17/11-Will the Financial Crisis Lead To America's Decline And A Glimpse Of The "Post-Pax Americana" Dark Ages?, 1/17/111/15/11...MONEY magazine has a point. But not a good one. When pop culture gets excited about an asset class – tech stocks in ’99 or housing and finance in ’06 – you know it’s late in a roaring party. It’s just a matter of time before the neighbors get mad and call the cops. But the MONEY writer missed the point. Pop culture has to take the bubble asset seriously. Not as a joke. -Why Gold Is Still a Good Investment, 1/14/11-Unsealed Docs Show The Fed Was Fully Warned Of A Housing Crisis, 1/15/111/14/11-Opening a renminbi savings account in US, 1/12/11-Gerald Celente: Rulers Running Out of Schemes, 1/14/11In a truly free society, there are a number of things that a property owner should not be prevented from doing. The owner of a piece of property should not be prevented by governments or anyone else from using his property as he sees fit... -Sanctity of Private Property, 1/14/11-Changing to a Silver Economy, 1/14/11-Wallet Voting1/13/11-How Bad is the Muni Bond Situation?, 1/13/11-Why the World Is Financially Doomed in Four Charts, 1/6/11-U.S. Monkey Can't Let Go, 1/13/11-JP Morgan Told Judge To Stop Paying Mortgage To Become Eligible For Loan Modification, 1/12/11-DC Puts Its Bankster-Friendly Solution for Foreclosure Fraud on the Table, 1/13/11-December Foreclosure Filings Slump By Biggest Annual Amount In History As Fraudclosure Clampdown Persists, 1/13/11-Federal Reserve Planning to CHANGE LAWS of TILA - TO STOP FORECLOSURE LAWSUITS AGAINST BANKS! M.F.s!, 1/13/11-Banks repossess 1 million homes in 2010, 1/13/11-Commodity Inflation: "You Ain't Seen Nothing Yet", 1/13/111/12/11-Banker Bob Diamond to Non-Bankers: Drop Dead, 1/12/11-How to Become a Secured Party Creditor, 5/7/10-Ecclesiastical Deed Poll-71% Oppose Raising Debt Ceiling as Congress Prepares to Ignore Majority's Wishes, 1/12/11-Deepening crisis traps have-nots, 1/9/11-Market In 18 Easy Charts, 1/12/11-10 Things that would be Different if Federal Reserve had never been Created, 1/11/11-Foreclosure Defense Handbook: How to Fight Foreclosure and Stay in Your Home-New Move to Make Yuan a Global Currency, 1/12/11-Gold as Insurance Against Armageddon, 1/10/11-At Least 10 States have Introduced Gold Coins-As-Currency bills, 1/11/11-Housing Market Slips Into Depression Territory, 1/11/11-Seven Things That Will Cost More in 2011, 1/11/11-Meredith Whitney: Every Day My Muni Doom Forecast Is Validated, 1/12/11-Keller Rohrback L.L.P. Announces Class Action Complaint Filed Against EMC Mortgage Corp. and The Bear Stearns Companies LLC, 1/12/11-CAFR: Biggest Game in Town-WB Explains The Comprehensive Annual Financial Report, 5/27/10-Cities, States to default soon? A Felony Fraud on the Taxpayer!, 1/11/11-Biggest Game in Town-Silver Circle: Animated Feature Film Poised to Destroy Paradigms, 1/11/111/11/11-Food prices skyrocket, 1/10/11-Apocalypse Now? Will The Massachusetts Ibanez Case Unravel Widespread Irregularities In The Residential Securitized Mortgage Market?, 1/11/11-Student Loan Debt Bubble, 1/11/111/10/11-Geithner Says U.S. Insolvent, 1/10/11-Judge Sides With GATA, Orders Fed To Present Her With Its Classified Gold Records, 1/10/11-Investors Still Face 100s of Billions in Mortgage Losses which could Kill Top Banks, 1/10/111/9/11-Literally On the Brink of Catastrophic Collapse, 1/6/11-U.S.O.F.C.: If the Fraud Stops, the Financial System Collapses, 1/8/11-How an MA Court May Have Set Off Another Housing/ Banking Catastrophe, 1/8/11-Ohio Judge Follows JPMorgan Chase’s Advice, Ends up in Foreclosure-U.S. Bank Nat'l Association vs. Ibanez; MERS DEATH ZONE - Double Class Action Lawsuits Filed Against Mortgage Registration Puppet-What is Money When the System Collapses?, 12/29/101/8/11-Shocking admission from Tim Geithner: U.S. on the brink of catastrophic collapse, 1/6/11-7 Reasons Food Shortages Will Become a Global Crisis, 1/7/11-Nomadic Nature of Money, 1/8/11
1/6/11
Dems say GOP exempting $1 trillion from deficit WASHINGTON – Democrats accused newly empowered House Republicans of exempting more than $1 trillion in proposed tax cuts and higher spending over the next 10 years from a promise to cut federal deficits. The exemptions include a bill to repeal last year's health care legislation as well as GOP-backed proposals extending a series of tax cuts for upper income filers that are due to expire in two years, according to a tally several Senate Democrats unveiled at a news conference Thursday. Sens. Chuck Schumer of New York, Dick Durbin of Illinois and Debbie Stabenow of Michigan assailed House Republicans for scrapping a Democratic rule aimed at making it more difficult to cut taxes or increase spending with borrowed money....the rest at the link
(oh shoot.......and we thought 'they' were going to FIX EVERYTHING.....yeah right...did you really think that?!!! Get real folks.....no one can FIX this mess at this point!)
Lawmakers Set For Battle Over Debt Ceiling Increase The United States Treasury reports that the Federal debt has exceeded $13.9 trillion, which comes dangerously close to the statutory ceiling of $14.29 trillion set by Congress and approved by President Barack Obama last February.The Obama administration is pushing to increase the debt limit, but could face resistance from a stronger Republican presence in Congress, which has pledged to reduce government spending and lower the deficit. Freshmen Tea Party lawmakers in particular are expected to take a hard line against an increase in the debt ceiling.However, White House officials have warned that a failure to increase the limit would result in a "catastrophic" economic crisis. Appearing on ABC's This Week on Jan. 2, Obama's top economic advisor, Austan Goolsbee, said that the U.S. would go into default if the ceiling isn't raised, which could create a bigger fiscal mess than in 2008, when the nation entered into a severe recession. .....the rest of the story at the link
(and what does this mean to us folks? It means that the govt can still just keep on printing more and more money, making the dollar more worthless. It means that they can avoid cutting back the gigantic military budget, using YOUR MONEY to build bigger killing machines, to use YOUR MONEY to make more machines to spy or radiate on you, instead of helping your children go to college or get jobs or have health care.....WAKE UP AND SMELL THE .........well, its sure not 'roses'!)
1/5/11
BJs cuts almost 500 jobs and closes 5 stores NEW YORK – BJ's Wholesale Club, a potential takeover target, will shave hundreds of jobs and close five stores by the end of the month, the company said Wednesday. Three stores in the Atlanta area will be shuttered, along with one in Sunrise, Fla., and one in Charlotte, N.C., resulting in 380 job cuts. The company also says it's cutting 114 corporate-level jobs, 61 of them at the company's Natick, Mass., headquarters and 53 field positions. ...the rest of the story at the link
30 Reasons Why 2011 Is Going To Be Another Crappy Year For America’s Middle Class Do you think that 2011 will be a good year for America’s middle class? Well, you might not be so optimistic after you read the 30 statistics posted below. The truth is that 2011 is going to be another crappy year for America’s middle class, and there is not a whole lot that you or I can do about it. Sadly, what we are facing as a nation is not just a short-term economic downturn. Rather, there are some very serious long-term economic trends that are absolutely ripping apart the U.S. middle class. For example, did you know that even though our population has been growing at a brisk pace we have lost about ten percent of our middle class jobs over the past decade? The vast majority of jobs that have been created have been low paying service jobs. We now have hordes of highly educated young people that are waiting tables and that are welcoming customers to Wal-Mart. Without good paying jobs there is no middle class, but today American corporations are actually creating more jobs overseas than they are inside the United States. This has helped pad the profits of the big corporate fatcats, but it has been devastating for middle class communities across the United States. Every time a factory gets closed down in America and gets set up in some other country instead, it means that the U.S. middle class is shrinking just a little bit more. The new “global economy” has been good for the bottom line of the largest U.S. corporations, it has been great for countries like China and India, but it is absolutely wiping out the U.S. middle class. ....the whole article at the link
1/4/11
Obama’s Real Agenda and Why the Stimulus is Money Well Spent
12/30/10
Audit finds CDC misplaced $8 million in equipment ATLANTA – The U.S. Centers for Disease Control and Prevention lost or misplaced more than $8 million in property in 2007, losing track of items including computer and video equipment, government auditors say. Agency officials said Wednesday they have corrected the lapses that led to that amount of waste.
The report was released this week by the inspector general for the Department of Health and Human Services, the parent agency of theCDC. In 2007, the auditors checked on 200 randomly sampled items and found 15 were lost or not inventoried, including a $1.8 million hard disk drive and a $978,000 video conferencing system....the rest of the story at the link
U.S. changes how it measures long-term unemployment So many Americans have been jobless for so long that the government is changing how it records long-term unemployment.Citing what it calls "an unprecedented rise" in long-term unemployment, the federalBureau of Labor Statistics (BLS), beginning Saturday, will raise from two years to five years the upper limit on how long someone can be listed as having been jobless.
The move could help economists better measure the severity of the nation's prolonged economic downturn.The change is a sign that bureau officials "are afraid that a cap of two years may be 'understating the true average duration' — but they won't know by how much until they raise the upper limit," says Linda Barrington, an economist who directs the Institute for Compensation Studies at Cornell University's School of Industrial and Labor Relations....the rest at the link
U.S. Fed announces dollar swap extension through August 2011 WASHINGTON, Dec. 21 (Xinhua) -- The U.S. Federal Reserve announced on Tuesday that it had authorized an extension of its temporary U.S. dollar liquidity swap arrangements with the Bank of Canada, the Bank of England, the European Central Bank, the Bank of Japan and the Swiss National Bank.
The swap arrangements, established in May 2010, had been previously authorized through January 2011. The Fed announced on Tuesday to extend them through Aug. 1, 2011, the U.S. central bank said in a short statement....the whole story at the link
U.S. bank failures set 18-year high in 2010 NEW YORK, Dec. 29 (Xinhua) -- The number of U.S. banks gone into bankruptcy this year reached the highest level since 1992, according to media report on Wednesday.Washington Post reported that 157 U.S. banks failed in 2010, up from 140 in 2009, and it is the highest level since 1992 when the savings-and-loan crisis broke out.
According to the U.S. Federal Deposit Insurance Corp. (FDIC), number of banks whose weaknesses "threaten their continued financial viability" stood at 860 as of September 30, the highest since 1993. Based on historical record, about a fifth of the banks on FDIC's watch list would end up in bankruptcy....the rest of the story at the link
12/27/10
Coburn Says National Debt Could Cause “Apocalyptic Pain” Senator Tom Coburn (R-Okla.) has provided a grim forecast for the United States if lawmakers do not reduce the government debt. Appearing on Fox News Sunday on Dec. 26, Coburn said that the U.S. will suffer from "apocalyptic pain" if the nation does not curb its massive deficit. He predicted that America could eventually face an 18 percent unemployment rate and hyperinflation if government waste is not curbed. He said that the U.S. may face austerity measures that have been seen in Greece, Ireland, Spain, Portugal and Japan. "The history of republics is they average 200 years of life. And they all fail in the history over fiscal matters. They rot from within before they collapse or are attacked," Coburn told the news provider. ...the rest of the story at the link
12/26/10
The Intelligent Forecaster One of the hardest things to do as a grown, “educated” adult is to learn from others. The inability to learn from others is what guarantees you will have a very childish perspective of the world. If the only books you’ve read were forced on you by the public education system, then your perspective is skewed. It was only when I expanded my realm of knowledge that I saw the world in a whole new way. I realized that there are recurring themes in history that humans consistently ignore because fundamentally, human nature never changes. No matter how much you warn people about the disaster that’s coming, they won’t listen. Call it what you may- naivete, ignorance, or outright arrogance- but this is just my experience. By definition you must be humble to learn. There is a psychological phenomenon that explains the human tendency towards disbelief and inaction: the normalcy bias. ...the rest at the link
12/23/10
Sen Bernie Sanders Amazing Speech! video on the budget, realistically! Bernie for President is what we have to say.....seems to be one of the few who really 'get it' and who really care!
Romanian flings himself from parliament balcony BUCHAREST, Romania – A Romanian television engineer apparently distraught that budget cuts had reduced benefits for his autistic teenage son dived more than 20 feet (about seven meters) from a balcony onto the floor of Romania's parliament Thursday, then shouted "Freedom!" as emergency workers took him out on a stretcher.
The man's cry echoed those heard during the 1989 revolution that toppled communism — a revolt in which 1,300 people died. Romanians are commemorating the 21st anniversary of an uprising in which authorities shot unarmed protesters.Shortly after Prime Minister Emil Boc greeted lawmakers, Adrian Sobaru hit the floor with a thud that reverberated through the chamber. No one else was injured, and Sobaru's injuries were reportedly not life-threatening....the rest of the story at the link
12/15/10
Ron Paul: "Bernanke Is The Greatest Counterfeiter In The History Of The World"
12/13/10
Special Comment: Obama Turned His Back on His Base (Video) With the tax-cut deal, the Democrats lost their chance to stop the GOP from taking unfair advantage of the middle class. (Transcript at the link too)
A Real Jaw Dropper at the Federal Reserve : Senator Bernie Sanders, "At a Senate Budget Committee hearing in 2009, I asked Fed Chairman Ben Bernanke to tell the American people the names of the financial institutions that received an unprecedented backdoor bailout from the Federal Reserve, how much they received, and the exact terms of this assistance. He refused. A year and a half later, as a result of anamendment that I was able to include in the Wall Street reform bill, we have begun to lift the veil of secrecy at the Fed, and the American people now have this information.
It is unfortunate that it took this long, and it is a shame that the biggest banks in America and Mr. Bernanke fought to keep this secret from the American public every step of the way. But, the details on this bailout are now on the Federal Reserve's website, and this is a major victory for the American taxpayer and for transparency in government.
Importantly, my amendment also required the Government Accountability Office to conduct a top-to-bottom audit of all of the emergency lending the Fed provided during the financial crisis to be completed on July 21, 2011, which will take a hard look at all of the potential conflicts of interest that took place with respect to this bailout. So, in many respects, details that the Fed was forced to divulge on Wednesday about the $3.3 trillion in emergency loans that until now were totally kept from public scrutiny, marked the beginning, not the end, of lifting the veil of secrecy at the Fed."...the rest of the horror story at the link if you have the stomach for it.....be sure and take an anti-acid first....or a tranqu.)