Congresswoman Kaptur: There Has Been a Financial Coup D'Etat
In Michael Moore's new film Capitalism: A Love Story, Congresswoman Kaptur says there has been a financial coup d'etat, and that Wall Street - rather than Congress - is in charge.
In a must-watch interview with Bill Moyers broadcast Friday night, Kaptur also said:
* The Federal Housing Agency used to insure 1 in 50 mortgages. But FHA now insures 1 in 4 mortgages, as the debt for bad mortgages has been dumped on the American people
* "Banks have the power to create money". This again confirms and verifies that banks create money out of thin air, not based on the amount of reserve deposits on hand. See this and this
* While - on paper - there are reserve requirements, banks have gone from 10 to 1 leverage (where they could lend out 10 times their reserves) to - in the case of JP Morgan - 100 to 1 leverage. But with derivatives, leverage might be much higher
* Instead of holding hearings on the core problems with the financial system, Congress is holding hearings solely on arcane, peripheral issues
http://www.washingtonsblog.com/2009/10/congresswoman-kaptur-...
This is an excellent
find.
Prepare & Share the Message of Freedom through Positive-Peaceful-Activism.
Kaptur is pretty good on a
Kaptur is pretty good on a lot of issues. I was surprised she wasn't one of the very first cosponsors to 1207. At least she supports it, and has grilled Bernanke, Lewis and Geitner at hearings!
http://theconstitutionalists1.blogspot.com
Bump For Further Discussion
IMHO this thread is too relevant to let go so soon
http://www.pbs.org/moyers/journal/10092009/watch.html
Goldman Sachs
It may be because Geitner was at GS, but it has emerged as the most powerful bank and financial institution - next to the Fed. It's scary the amount of power Goldman Sachs has.
I hope the movie comes here
I appreciate your preview. Thank you.
WE ARE GOING TO WIN!
___.---.___
.' ( ) '.
) /)' '( )
',_( ';-;'\_,'
|-|
(")
A Reminder...
Marcy voted for Cap and Trade to get "green jobs" in Ohio... How many people will be even poorer thanks to her breathing tax, that uses junk science and outdated computer models as an excuse to ignore private property rights, and suck more money from her already foreclosed, bankrupt, and unemployed constituents... Marcy sold her soul... And she can ROTT in He... oh well, Ohio... Since the bill she passed equals the death of all manufacturing and production jobs not only in her state, but America.
Why did you vote to steal property (in the name of "Enviromentalism") and TAX the POOR Marcy!!! Who bought your Soul!!! Goodbye, and forever STFU!!!
Watch "The great green smokescreen" for a primer on the carbon tax hell that has been unleashed... I hope you can survive with no water for crops in California (ask Paul Rodriguez) and no other option than GMO agribuisness to feed your families!!!) Thanks for Nothing Marcy!!!
Please Watch The Whole Moyers Program
Corporatism is the enemy here. With all respect to the Tea Party protesters... we are not heading towards Socialism. The noose is being tightened around the middle classes necks with the unscrupulous lobbying of politicians by multi-national corporations. They are the engines that drives the NWO.
Watch the second half of Moyers program to see who is greasing politicians wheels in health care reform... especially Dem Max Baucas. I remember the GOP used to defend lobbying as "free speech". Hah, who lobbyies on behalf of average Americans? It used to be members of the House of Representatives.
Marci Kaptur is a national treasure. So is Moyers. Bill O'Reilly once called him a "bomb-throwing liberal", so you know he's onto something.
http://www.pbs.org/moyers/journal/10092009/watch.html
Peace.
spot on analysis
--------------------------------
"the only thing that keeps the banking system from failing is general ignorance about how the banking system works."
----------------------------
dead banksters
http://www.dailypaul.com/node/107337#comment-1170881
--------------------------------
"the only thing that keeps the banking system from failing is general ignorance about how the banking system works."
----------------------------
Blackrock? Blackwater? Coincidence?
If you wont fight for the right when you can easily win...you may...have to fight with all the odds against you and only a precarious chance for survival [or] when there is no chance of victory...it's better to perish than to live as slaves.
W.Churchill
Mathew 5:9 Blessed are the peacemakers: for they shall be called the children of God.
If you believe in such things...
"Human beings with love and compassion are some of the most beautiful creatures in the universe... Those without are a plague on us all."
"Human beings with love and compassion are some of the most beautiful creatures in the universe... Those without are a plague on us all."
Good interview with Marcy Kaptur too
http://www.pbs.org/moyers/journal/10092009/watch.html
-
Show your support on the Ron Paul Map !
People worldwide support Dr. Paul too :-)
http://www.pollingmatrix.com
Real eyes realize real lies
2012, we want our country back
2012 is the year for Ron Paul!
MSM Report: http://www.msmreport.com/
This was awesome
and very illuminating. Thanks for posting the link.
Did she correctly identify when it happened?
Personally, I'd place it sometime during Hamilton's tenure as the treasury secretary.
-jcr
"The problem with trying to child-proof the world, is that it makes people neglect the far more important task of world-proofing the child." -- Hugh Daniel