WASHINGTON – The Federal Reserve on Sunday opened a program to ship U.S. dollars to Europe in a move to head off a broader financial crisis on the continent.
Other central banks, including the Bank of Canada, the Bank of England, the European Central Bank and the Swiss National Bank, are also involved in the effort.
The action reopens a program put in place during the 2008 global financial crisis. Under the program, dollars are shipped overseas through the foreign central banks. In turn, these central banks can lend the dollars out to banks in their home countries that are in need of dollar funding to prevent the European crisis from spreading further
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Fed Audit Under Fire
by Ron Paul | 05/10/2010
It doesn’t come as too much of a surprise that the measure to audit the Federal Reserve is coming under continuous fire from the central bank and its cronies. For the first time since the Federal Reserve was created nearly a century ago, they have hired an actual lobbyist to pound the pavement on Capitol Hill. This is a desperate effort to hang on to the privilege of secrecy and lack of accountability they have enjoyed for so long. Last week showed they are getting their money’s worth in the Senate.
From The Desk of Carol Paul...
Ron and I have worked hard over the years because we are deeply concerned about the future of our country. We cherish the opportunities America has afforded us: the ability to live in Liberty, raise our family as we see fit and pursue the American Dream.
We stand at a crossroads. For decades, career politicians and special interests have expanded government and chipped away at Liberties. That gradual erosion has made quite a dent, and I fear that if we do not take bold action, we soon will have nothing left.
Our son Rand is running for United States Senate because he shares those same concerns. I am not just supporting him because he is my son. I am supporting him because he is running for the right reason. Rand wants to go to Washington and continue Ron's fight to cut government spending, protect our money from the Federal Reserve and protect Liberty for future generations.
Rand is on the verge of winning. His primary is only 9 days away, and he is leading in the polls. But, the big government insiders are pulling out all the stops. They are waging vicious smear campaigns, and resorting to outright lies. Groups from outside the state, funded by lobbyists and establishment elites, are pouring hundreds of thousands of dollars into Kentucky in a last ditch effort to steal the election.
Video- Rare, candid insight Brian Williams: "The world has no money, and the Emperor has no clothes."Submitted by jay26783 on Sun, 05/09/2010 - 00:54
Made in America
Millions of human beings
Do not sleep
In their own houses
They fear this bomb
High altitude bombings
They cry and sleep amongst the trees!
What did you do to stop this bomb from being made?
Perhaps you even got a job in the military industrial complex?
My fellow human beings
I have news for you
Whatever you do unto others will be done unto you
The Cato Institute has compiled information on botched SWAT thug raids around the country and produced the map below. The map graphically reveals how often militarized police mistakenly terrorize citizens as the government pursues its totalitarian drug war.
I am really getting sick of this!
SALT LAKE CITY – Republican Sen. Bob Bennett was thrown out of office Saturday by delegates at the Utah GOP convention in a stunning defeat for a once-popular three-term incumbent who fell victim to a growing conservative movement nationwide.
Bennett's failure to make it into Utah's GOP primary — let alone win his party's nomination — makes him the first congressional incumbent to be ousted this year and demonstrates the challenges candidates face from the right in 2010.
"The political atmosphere obviously has been toxic, and it's very clear that some of the votes that I have cast have added to the toxic environment," Bennett told reporters, choking back tears.
US Sen. Bennett faces conservative test in Utah
SALT LAKE CITY – An array of rivals at Utah's GOP convention Saturday are lining up against Sen. Bob Bennett — a potential first victim in a national effort by some conservatives to drive out officeholders they view as not conservative enough.
“The whole aim of practical politics is to keep the populace alarmed (and hence clamorous to be led to safety) by menacing it with an endless series of hobgoblins, all of them imaginary.” - H.L. Mencken
Yesterday Congressman Charles Dent, the incumbent in my congressional race, offered a comment to the Associated Press: "I suspect it'd be easier to launch a Hellfire missile at a non-citizen than a citizen."
Gerald Celente guest on Alex Jones in 8 parts. He talks about Wall Street, Greece, Europe, riots, etc.
It looks like the establishment is really desperate to keep my son Rand out of the Senate. Dick Cheney, Rudy Giuliani and Rick Santorum were already backing his opponent. And, as you probably know, Senator Mitch McConnell joined the party this week and endorsed Rand's establishment-backed opponent Trey Grayson. Senator McConnell is now doing TV ads for Grayson statewide.
But it gets far, far worse than that. That's why I'm writing you this urgent email today.
They're trying to "Swift Boat" Rand.
That's right, the shadowy groups that seem to come out whenever the establishment is threatened are here. They're on the ground in Kentucky. They're going on the air today with a HUGE six figure buy of THIS attack ad.
The ad is meant to sabotage Rand. And they have the money to do it.
So far, the group has put over $100,000 on the air. But that's a drop in the bucket for them. The last time the group came into a state, they dropped over $1 million dollars.
You and I simply must help Rand fight back. This is a do or die moment for his campaign.
Too bad the political crap and those who stand to make a ton of money on the clean up will prevent this from being used.