Live Coverage of Bernanke Bailout Testimony
Submitted by Michael Nystrom on Wed, 09/24/2008 - 08:57
Watch it live at the WashingtonPost.com
Read about other options to the bailout here:
...leading economists and financial analysts argue that there are a host of alternatives that would reduce taxpayers' liabilities and perhaps more effectively address the urgent crisis in financial markets. Although these experts concede that the clock is ticking, they say other approaches have been dismissed too quickly.
While the government's plan is built around buying troubled assets, other options offer sharply different visions.
And be sure to keep calling your representatives to let them know they will not be reelected.
»
They are voting on HR 2638
What is this bill 2638??
only 6 voted nay so far
"Thomas Jefferson is rolling in his grave fast enough to be a new source of energy independence."~ samthurston
http://www.campaignforliberty.com/
"I think we are living in a world of lies: lies that don't even know they are lies, because they are the children and grandchildren of lies." ~ Chris Floyd
dept of homeland security appropriations act
~peace
~peace
Thank you freespeech!
Where can I find these bills coming up..is there a site?
************
"Thomas Jefferson is rolling in his grave fast enough to be a new source of energy independence."~ samthurston
http://www.campaignforliberty.com/
"I think we are living in a world of lies: lies that don't even know they are lies, because they are the children and grandchildren of lies." ~ Chris Floyd
I'm watching CSpan right now...3:24 PM Eastern...
Did I just hear Frank correctly? They're gonna vote??? (I have some hearing loss)....I could not have heard that correctly, right?
Berwick, Columbia County, Pennsylvania
Ron Paul 2012 - The People's Choice
rEVOLution SuperPAC: http://www.revolutionpac.com/
WTP Federal Lawsuit to BAN ALL ELECTRONIC VOTING
http://www.wethepeoplefoundation.org/UPDATE/Update2011-07-26...
Ron Paul on CSPAN 2:30pm ET today
That was just the live online broadcast of the event you missed. We actually got to see it live before any TV broadcasted it! Pretty cool. CSPAN will be broadcasting it for the first time on TV at 2:30pm ET today.
Video of Ron Paul and Bernake
http://www.cnbc.com/id/15840232?video=866316752&play=1
Just make sure that we
don't run out of rope!
Use the same piece more than once, if necessary.
High Noon
I am very disappointed in that High Noon came and Ron was standing in the street with gun still in holster.
He needs to come out shooting with both hands like a Hitchcock and let the SOBs have it full force.
" In Thee O Lord do I put my trust " ~ Psalm 31:1~
" In Thee O Lord do I put my trust " ~ Psalm 31:1~
I thought he did quite well
considering the amount of time he had. It appeared that he was trying to influence his fellow representatives from an economic and constitutional perspective, he was not trying to embarass Benanke. Dr. Paul is an astute and clever politician. Trust him.
Replay on CSPAN-3 at 2:30pm ET
That was just the live online broadcast of the event you missed. We actually got to see it live before any TV broadcasted it! Pretty cool. CSPAN will be broadcasting it for the first time on TV at 2:30pm ET today.
so I missed it
by the time I got to the Washington post site, they were talking bout lone star legal aid and Galveston... anyone got video up yet?
This just in
Posted On: Wednesday, September 24, 2008, 11:31:00 AM EST
In The News Today
Author: Jim Sinclair
Dear CIGAs,
If the Fed pays "Hold to Maturity" prices for collapsed OTC derivatives that will never recover, that would represent an outrageous premium to their true value.
If the Fed pays what the collapsed OTC derivatives are presently worth, they could do the entire bailout for one Rupee.
You know what is about to happen. God help us all!
Jim Sinclair’s Commentary
.72, .62, and then .52 on the USDX. Gold is going to $1200 and then on to $1650
US dollar set to be major casualty of Hank Paulson's bailout
This may prove to be the dollars epochal moment the moment historians look back at as its major turning point.
By Edmund Conway
Last Updated: 10:47PM BST 22 Sep 2008
Whether or not tomorrows accounts of todays turmoil prove David Owen of Dresdner Kleinwort right; whether or not this is the beginning of the end of the dollars pre-eminence in the worlds central banks and foreign exchanges, the economic landscape has undoubtedly changed forever.
The US taxpayer bail-out of Americas banking sector is an event whose significance will reverberate for many years. What it means for free markets, for the way Western economies are run, for the prosperity of the world economy, must remain to be seen.
But as investors scrambled to make sense of last weeks events, already one conclusion was all but irrefutable the US dollar will have to take another major fall.
The dollar rally that began in July and pushed the pounds value against the greenback significantly lower has come to an abrupt end as markets face up to the fact that the currency will have to absorb the effects of a sudden shocking increase in Americas budget deficit.
When Treasury Secretary Hank Paulson announced that the worlds biggest economy was about to embark on the worlds biggest bail-out for its financial sector, the first concern economists had was about the long-term prospects for the nations finances and its currency.
More…
"Hold to Maturity" is a con game
Sinclair is right, the value of the "illiquid mortgage assets" that the banksters want to stick us (US taxpayers) with is zero! Why is it zero? Because there is no market for this crap! But the lying banksters want us to believe that there will be a future market for this crap, which is beyond laughable, it is contemptible! The banksters need to go down now, and that could be accomplished in large part by having our congressional representatives "just say no" their bailout scam. Unfortunately, most of our congressional representatives are owned by the banksters. Rock and a hard place.
Bring 'em on.
Go Ron
why do they put that guy behind Ron Paul?
I head to close my eyes because he was making strange faces and noding his head the whole time. Can someone tell Ron Paul to make sure that guy doesn't sit behind him?
Seen him before
This guy sat behind RP in April too:
http://www.youtube.com/watch?v=xcACLsKfk6o
SUPERSTAR?
Some Congressman just made a statement calling BERNAKE the financial SUPERSTAR! lmao
Then the good doc interrupted Bernie by saying COIN! In regards to COINING money.
WEEKEND AT BERNAKE's!!!!
Does my burka make my butt look fatwa?
Does my burka make my butt look fatwa?
well?
this did absolutely nothing. ben just lied his way out of the questions that got lost as our good dr. talked about the depression. noone listening to that could possibly understand the truth that we all know. i guess i will go do laundry now. what else is there to say? dr. paul had his chance and he let it slip away. apparently he is not mad enough yet? i dunno...
~peace
~peace
if paul isn't a fisherman...
...he should be. he really knows how to bait an issue. at first, i thought paul was giving bernanke a softball. bennie: "...congress has the authority to issue coin......they approved the federal reserve act..." etc.
the message wasn't for ben or us. it was for Congress.
..and it is thus: the feeding frenzy is caught at the chum swarm that gets smaller and smaller and have been programmed to be afraid to hunt.
Pdubya
I heard RP say coin'ig! did you
.
COINS!!!!!!!
Did I miss the good Doc?
Did I miss the good Doc? It's :49 after the hour.
EDIT -- ERR Dangit... It looks like I did. Youtube anyone?
Ha! Bernanke just admitted
that the FED is not part of the government!
--------------------------------
"the only thing that keeps the banking system from failing is general ignorance about how the banking system works."
----------------------------
Bernanke just got grilled by
Bernanke just got grilled by RP again...
Ben says " The FED has the authority to coin money"
Ron says "Coins!"
(are dollar bills coins?)
Paul didn't get 7 min's of time like the other did!!
bump
Ron is on now 10:45 Central
Ron is on now 10:45 Central time
Give them hell!
Slap the bitch bernanke!
just tuned in online - isn't
just tuned in online - isn't this the senate still?
Ron Paul is My President
Ron Paul is My President
Pauls on now!! 10:40 central time bloomberg tv
bump
Give 'em hell RON! Tell it
Give 'em hell RON! Tell it lie it is, lay this lie bare!