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Qyvs!   Poland. Jul 10 2009 09:07. Posts 190


  On July 09 2009 03:12 Baal wrote:
holy fucking shit.... This video is outrageous, not only because the Federal Reserve has no supervision whatsoever but also the incompetence of this woman is astonishing, how on earth does somebody like that ends up in that high profile job? seriously she was like a deer caught in headlights.







That woman puts me on tilt so much. U.S is retarded for having a private central bank. There were 2 public central banks but the last one went bankrupt before WWII.
I'm sorry for the americans that their governemnt is one of the most corrupted in the entire world.


Baalim   Mexico. Jul 10 2009 09:14. Posts 34286

one of the most corrupted in the 1st world only, maybe the most along with japan.

Ex-PokerStars Team Pro Online 

ToTehEastSide   United States. Jul 10 2009 18:32. Posts 1337


  On July 10 2009 08:07 Qyvs! wrote:
Show nested quote +



That woman puts me on tilt so much. U.S is retarded for having a private central bank. There were 2 public central banks but the last one went bankrupt before WWII.
I'm sorry for the americans that their governemnt is one of the most corrupted in the entire world.



The sad thing is most people in the US don't even realize the concept of what you mean by a central bank and the way we are brought up to be so instantly self serving and on the go it just seems like this should be a natural thing w/out much debate.

fighting for peace is like fucking for virginityLast edit: 10/07/2009 18:33

ToTehEastSide   United States. Jul 10 2009 18:42. Posts 1337

this fight is going to get big as fed is going to dig its heels in bigtime and never ever open its doors easily...

http://www.washingtonpost.com/wp-dyn/...le/2009/07/09/AR2009070902513_pf.html

The title and cliffnotes of the article:

"Kohn warns Congress on meddling in Fed's affairs"


Fed Vice Chairman Donald Kohn

Testifying before a congressional panel, Kohn sought to beat back a proposed bill that would open the U.S. central bank's policy decisions to audits by a federal watchdog agency. More than half of the members of the U.S. House of Representatives have signed as co-sponsors of the measure.

The GAO is currently prohibited from auditing these areas. Kohn said removing this exclusion would be highly detrimental and could lead investors to worry that politics -- not economics -- would guide the Fed's decisions.

"The Federal Reserve strongly believes that removing the statutory limits on GAO audits of monetary policy matters would be contrary to the public interest by tending to undermine the independence and efficacy of monetary policy," Kohn said.

He also said it could "cast a chill" on monetary policy deliberations by making officials nervous that ideas they discuss behind closed doors could become public.

Paul denied his bill was about Fed independence. "We are not looking to the Congress to run monetary policy. We just want to know what's going on, and why," he told Kohn.

Kohn warned that congressional meddling in the Fed's affairs could threaten the United States' AAA credit rating and drive up interest rates.

"Any kind of hint that you are trying to take away Fed independence could be very counterproductive at this point in time," Bullard told Bloomberg television.

fighting for peace is like fucking for virginity 

ToTehEastSide   United States. Jul 10 2009 19:13. Posts 1337

seriously think about the scope of this

if the Federal Reserve is completely and independently making secret transactions in the trillions and the people and Congress demand transparency... just imagine the possibilities and the degree the Fed will go to take our eye off the ball or make sure we never fully get there

the level is outstanding

fighting for peace is like fucking for virginity 

ToTehEastSide   United States. Jul 21 2009 14:51. Posts 1337

bump for a few points (from least to greatest)

-In retrospect I'd like to change/tweak the point of me saying that this is an issue that becomes worldwide. The Federal Reserve is already indeed a worldwide affecting thing. But this issue is not worldwide in the sense that monetary policy and financial transactions are much preferred to be behind closed doors and not a public aware of or known type thing, and that is what I meant.
This is just a guess of course, but I believe at the rate everything is going this will hopefully become something everyone is aware of and gains knowledge of.

-For anyone that follows this issue even just a little, it is wise to always keep in mind that Bernanke's term of chairmanship ends or is up for renewal/replacement this January

-This just happened today.

fighting for peace is like fucking for virginity 

capaneo   Canada. Jul 21 2009 15:35. Posts 8465

In US everyone is happy as long as all the prices are rising. Unless its crude oil - Marc FaberLast edit: 21/07/2009 16:03

ToTehEastSide   United States. Jul 21 2009 22:00. Posts 1337

awww cap I wonder what u said
now I can only guess ><

[edit]
maybe it was about the guy in the back?

dozin
imo this pic currently sums up this country perfectly

fighting for peace is like fucking for virginityLast edit: 21/07/2009 22:16

Baalim   Mexico. Jul 21 2009 22:16. Posts 34286

Holy shit that video is even worse... the guy was fucking stuttering...

Ex-PokerStars Team Pro Online 

ToTehEastSide   United States. Jul 21 2009 22:41. Posts 1337

that's the main Fed big dog Bernanke, ranked 4th most powerful man in the world by NEWSWEEK
(here's their top ten btw)
1: Barack Obama
2: Hu Jintao
3: Nicolas Sarkozy
4-5-6: Economic Triumvirate
7: Gordon Brown
8: Angela Merkel
9: Vladimir Putin
10: Abdullah bin Abdulaziz Al-Saud

but to get back on track
to me that video is actually a really interesting and good one on many different levels
I mean imagine you only get 5 minutes...

fighting for peace is like fucking for virginity 

Baalim   Mexico. Jul 21 2009 22:52. Posts 34286

5 minutes?

i need 3 seconds... + Show Spoiler +

Ex-PokerStars Team Pro Online 

ToTehEastSide   United States. Jul 21 2009 23:03. Posts 1337

then u've let them win =[

fighting for peace is like fucking for virginityLast edit: 24/08/2009 05:03

Baalim   Mexico. Jul 21 2009 23:58. Posts 34286

mmmm i quite dont see that actually.

Ex-PokerStars Team Pro Online 

ToTehEastSide   United States. Jul 22 2009 00:14. Posts 1337

fighting for peace is like fucking for virginity 

RaiNKhAN    United States. Jul 22 2009 00:33. Posts 4080

that pic of the girl in the black + guitar hero toy is godlike

The biggest Rockets, Sixers, and Grizzlies fan you will ever meet! 

MezmerizePLZ    United States. Jul 22 2009 00:44. Posts 2598

thats no toy khan, thats serious rock power


ToTehEastSide   United States. Jul 22 2009 01:00. Posts 1337

+ Show Spoiler +

fighting for peace is like fucking for virginityLast edit: 25/07/2009 20:33

ToTehEastSide   United States. Jul 25 2009 20:32. Posts 1337

This does a good job of putting things into perspective


[edit]
since I bumped this active again I should update
H.R. 1207 is now up to 276 cosponsors
there needs to be just a few more
here is the list of who is on it
+ Show Spoiler +


I definitely recommend seeing if your rep is there - if you don't know who that is or something I'd be more than glad to help


As for S. 604 (the Senate version) there actually is better progress than I thought there would be by this point with 19 cosponsors
Here is the list (I'll do this one by date signed on)
+ Show Spoiler +


both of the senators for my state are now on this so there isn't really any one for me to say hey wtf to anymore
if you ur even remotely curious to find out about ur community, this bill is a GREAT way to find out which side of the fence your state or district reps are really on

fighting for peace is like fucking for virginityLast edit: 26/07/2009 00:06

ToTehEastSide   United States. Jul 26 2009 00:16. Posts 1337

because to me the question is
are you more REPRESENTED or TAXED??
and this is a fine way to tell

fighting for peace is like fucking for virginity 

capaneo   Canada. Nov 07 2009 13:05. Posts 8465

http://seekingalpha.com/instablog/239...utted-by-corrupt-congressman-mel-watt


lol. Big FUCK YOU to all the congressmen, senators and American people I guess!

In US everyone is happy as long as all the prices are rising. Unless its crude oil - Marc Faber 

 
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