The "Common Sense" Money Bomb Radio Marathon
Robert Scott Bell
National Talk Show Host
10am - 12pm
Host on Sirius/XM Conservative Writer
Talk Show Host
The accompanying graph provides a visual representation of the recognition rate and the net favorable score for each of 13 potential GOP candidates included in the survey. A cluster of four candidates -- Huckabee, Romney, Gingrich, and Palin -- is located in the upper right-hand quadrant of the graph. These are the clear leaders in terms of both recognition and image at this time. Texas Rep. Ron Paul is less well known than these four, but still better known than all other candidates measured.
Bank industry expert Chris Whalen is the subject of a good interview with CNBC coming conveniently in the aftermath of the possibly earth-moving Ibanez decision out of Massachusetts.
First, he says, the ruling has been misunderstood in that the homeowners are ultimately not going to win loan forgiveness merely because of errors in the handling of the loan.
But that doesn't mean serious losses aren't coming with devastating consequences.
AUSTIN, Texas — A judge ordered former U.S. House Majority Leader Tom DeLay to serve three years in prison Monday for his role in a scheme to illegally funnel corporate money to Texas candidates in 2002.
The sentence comes after a jury in November convicted DeLay on charges of money laundering and conspiracy to commit money laundering.
That's the title, it may be higher, it may be lower. Our tax dollars hard at work.
The shooting tragedy in Arizona has absolutely nothing to do with the conservative movement.
NY TIMES: To critics, it is a Hail Mary play — an admission that the economy’s persistent weakness has all but exhausted the central bank’s powers and tested the limits of its policy making. Around the world, some warn the unusual strategy will weaken the dollar and lead to crippling inflation.
The large group of freshman House Republicans is facing tremendous pressure over an impending vote to raise the nation's debt ceiling, according to libertarian Rep. Ron Paul (R-Texas).
Paul — who opposes raising the $14.3 trillion debt ceiling — predicted that the majority of new Republicans would be convinced to vote to lift it when it comes up this spring.
Transparency and Accountability for the Federal Reserve!
by Ron Paul
Last week, the 112th Congress was sworn in. I am pleased that I will be chairing the Monetary Policy Subcommittee of the Financial Services Committee which has oversight of the Federal Reserve. Obviously, this position will facilitate my efforts to ensure the Fed provides the American people with more information about what they have been doing with and to our money.
Not surprisingly, since my chairmanship was announced, apologists for the Fed have been recycling the old canard about how increased transparency threatens the Fed's so-called political independence. By 'independence' they are referring to the Fed's ability to greatly impact the economy with virtually no meaningful oversight. We only recently learned that the bankers at the Fed were able to use the latest financial crisis to bail out Wall Street cronies and foreign central banks with billions of dollars that were created and wasted instead of appropriated and voted on by representatives of the people. The Fed and its supporters in the Congress vehemently fought even this small bit of transparency and without this one-time provision in the Financial Reform Act forcing disclosure we would still not have this information.
Note this post is not yet complete. I am typing this from my phone at the Las Vegas airport and will finish as soon as I get home.
Well I am sitting at the airport right now coming home from the consumer electronics show. I just got through airport security and they are now making EVERYONE go through the XRAY machines. I opted out and went for the full groping. Many people were opting out. This is the first time I have seen everyone guided to the xray machines. Kinda freaked me out. The TSA guy was giving me the rules and I could not keep my mouth shut. I said I can't believe this as he was feeling me all over. He then said to me real quiet "I would never put my family through those machines". I was shocked. He also stated "you will not see any more metal detectors in a couple weeks, everyone will have to be scanned". After hearing that I my mind was racing. I said no more. I just wanted to yell "Nazi police state is here" but I went on my way.
Now to the show......
The CES is the biggest electronic show in the world. I have been coming to this show for years. This year had the largest attendance in history. It was very packed. This show showcases all of the new technology that is coming out in the future. The show gives you a heads up on the way things are going. These are the things that blew me away and stood out.
I had an interesting social experience a couple of hours ago. It's late at night and there is a lot to talk about on the national scene so I doubt this post will last long here on DP but you never know. I hope those that read it enjoy it or get something out of it.
Here in Georgia (Atlanta) we just got, oh, about 6 inches of snow in approximately 4 hours (tip of the hat to Al Gore). I was at a colleague's house working on a project when he came back from outside and said, "If you want any chance of getting home you should leave now." Myself and another left post haste with already an inch on the ground after about 45 minutes of snowfall. Snow plows down here are about as common as The Yeti so you can imagine the scene. Luckily most motorists were aware of the impending storm and stayed off the road. However there I was in the driving snow thinking to myself that this trip was ill advised/You're an idiot. My fiancée had told be to stay there if the weather got bad so I knew if anything happened I'd get an earful.
Everything was going quite well until I reached a hill on the East West connector about 10 miles from home. Traffic stopped and I was about 50 or so cars back in the mix. I sat for about 5 minutes contemplating my options and seriously wondering if I was going to have to abandon my vehicle and walk that far. I went for the 'walk up and see what's going on' option. I was quite a ways back and it was cold so I ran to the head of the congestion about a quarter mile ahead. There stood a large hill with several vehicles at various elevations and in various forms of stuck-in-the-snow-ness.
Several others had exited their vehicles and we banded together to start pushing. At first it wasn't going well but soon we managed to get a system going. We tried to convince rear wheel drive motorists to pull off to the right lane and wait as front wheel drive vehicles could easily tackle the hill. You can imagine how well that went over. We moved about 100 cars through... maybe more. The rear wheel folks would get through of course and I'd have to go all the way up the hill with them because they'd get stuck every 50 feet or so. After pushing one up the hill with another guy I went down to find only one or two people around and jam up as a rear wheel drive car came to the cue. Most of my original crew was gone as their cars had been freed. I realized that my car was running somewhere about a quarter mile back and probably blocking traffic so after freeing that SUV I ran back what seemed like forever looking for my car. I found it and luckily cars were moving by it in the other lane. I moved it up some, so that I could at least reap some benefit for all the work, and then proceeded on foot back to the front.
Newt Gingrich Pushing Bill To Allow States To File Bankruptcy Allowing Them To Renege On Pension And Benefit ObligationsSubmitted by bobbyw24 on Mon, 01/10/2011 - 11:52
Some unpleasant news for pensioned workers who believe that their insolvent state will be able to afford ridiculous legacy pensions in perpetuity. According to Pensions and Investment magazines, Newt Gingrich is pushing for legislation that will allow insolvent states to be taken off bailout support and file bankruptcy, in the process allowing them to renege on pension and other benefit obligations promises to state workers. And if there is anything that will get government workers' blood pressure to critical levels, it is the threat that money they had taken for granted is about to be lifted, courtesy of living in an insolvent state (pretty much all of them). And obviously what this means for equity investors in assorted muni investments is that a complete wipe out is becoming a possibility, as Meredith Whitney's prediction, which everyone was quick to mock and ridicule, is about to come back with a vengeance.
This is tragic and breaks my heart. The courage of this grieving father is to be embraced.
Please listen to his stand on not creating more restrictions on Americans. He is able to think clear through his grief.
This is important for all to hear!
Re-linked with credit to Matt Drudge....
Ron Paul vs Federal Reserve
The Daily Paul is the flagship site for all things Ron Paul. Their total number of visits since 1/21/2007 reported to be over 42,403,507. The Ron Paul Forum on Liberty Forest has over 27,290 members. Both services have a devoted and loyal following. Nevertheless, this core group of activists is not enough to drive a national campaign with a single purpose. ABOLISH the Federal Reserve.
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