The New Stimulus, $400 Billion over the next 9 months!
NEW YORK (CNNMoney) -- The Federal Reserve announced "Operation Twist" Wednesday, a widely expected stimulus move reviving a policy from the 1960s.
The policy involves selling $400 billion in short-term Treasuries in exchange for the same amount of longer-term bonds, starting in October and ending in June 2012.
I've been studying trading for the last year and I've noticed that every time Bernanke talks, the stock market plunges hundreds of points.
It would be great if someone with technical skills could show a dow jones chart with arrows indicating everytime Bernanke gave a report. Then we could calculate how much money has been lost in the market everytime he talks
Today I asked Newt Gingrich this question on Twitter:
"@newtgingrich Do you give Ron Paul credit for being the only candidate in 2008 to mention the Fed http://www.youtube.com/watch?v=igfw25aOeBU"
Gingrich responded this evening:
"@David_Kretzmann there is no question ron paul was the first serious national leader to take on federal reserve history will recognize him"
Spread the word!
I do not have a link, but I heard on the way home today on NPR a report about the federal reserves actions today. It was then followed by about a 3 minute piece on teh republican opposition to the fed by many of their presidential candidates. They give clips of Bachman, Perry, and Gingrich speaking out against the fed but no clip of Paul or even a mention of his name.
The guy wrote the book on the subject and has spent his entire career combating him, and is chair of the sub-committee overseeing the fed. It is unbelievable they would omit him!
A spokesman for the FBI's Cleveland division said he could not discuss what prompted the raids, because the federal search warrants were sealed. FBI agent Scott Wilson said he did not know if anyone was detained as a result of the searches.
Besides the Findlay restaurant, searches were conducted at five IHOP locations in the Toledo area, one location in Lima, and one in Evansville, Ind.
All the locations are owned by the same company, an IHOP spokesman said. They were all raided about the same time. Search warrants were issued at 6 a.m., Homeland Security reported.
Who Really owns the Federal Reserve???
Because I've argued for years and years that the United States of American does not own the Federal Reserve!
But everyone I argue with says they do!
And that goes for some really well educated and prominent people Vern!
Well....... I concede, I quit, I admit I was wrong all these years.
I finally agree, The Untied States of America owns the Federal Reserve!
Who owns the United States of America?
My friend and I recently created a Ron Paul video, for a contest. We got a very late start and didn't have much time at all, or it would be a lot higher quality...although I think we did alright for the time we had.
Please goto http://www.youtube.com/watch?v=TVMyGyOfDaI and watch the video. After you are done please give us a "like" (we need 'em to win the contest) and leave a comment for us if you would like. Also anything you can do to spread the video around, requesting more people like it, that would rock. Thanks! Look forward to the feedback and the likes.
Dr. Ron Paul 2012!
Keep up the fight!
Douglas Carswell is the member of the British parliament who is fighting for competing currencies in the UK. He has introduced a bill that will do just that and it will be debated come winter time.
Lets show him some love from across the pond and 'like' him on Facebook.
All of this talk about taxing, spending, cutting, etc. is simply a feeble attempt to fix something that is fundamentally flawed. This mentality goes hand-in-hand with western medicine. It addresses symptoms, but fails to go to the root cause. Folks...you should know by now that our monetary system is built on debt expansion. There is NO growth without more debt creation. I'm not saying we shouldn't be talking about taxing, spending, cutting, etc. We SHOULD talk about those items...but only AFTER we have a sound currency. We must END THE FED first!!!
un-freakin' believable -we just bailed out half of Europe -again!!
I remember Ron asking Bernakie if we were going to bail out Greece, Ireland and he said no. Wow Ron was so right on
As many of you may know there are occupation protests on Wall Street and in Several other cities with Federal reserve buildings planned to start on 9-17. These occupation protests will no doubt scare the sheeple (or be spun to do so by the MSM) along with the the powers that be. This event showing how dissatisfied people are will likely snap many back to reality and catapult Ron Paul ahead of his opponents. The real question is will it be successful?
As if the 2012 election cycle couldn't get any better! Karen Kwiatkowski (ka-taw-skee) officially announced that she will contend for the Republican nomination in Virginia's 6th Congressional District!!!!
Why should we care, right? Here's why....
Lt. Colonel Kwiatkowski is the former Pentagon insider who exposed the neoconservatives' agenda to distort intelligence reports on Iraq. She refused to neglect her Constitutional duty -- defense against enemies foreign AND domestic -- despite conflicting pressures inside the Pentagon.
Taking Pledges. It up to $15,146 already !
and the winner is, the DOD of course, with 3.2 employees.