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	<title>Comments on: Bill Black is Right: Federal Reserve = Oversight FAIL</title>
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	<link>http://firedoglake.com/2009/09/14/bill-black-is-right-federal-reserve-oversight-fail/</link>
	<description>Firedoglake weblog</description>
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		<title>By: TexasReader</title>
		<link>http://firedoglake.com/2009/09/14/bill-black-is-right-federal-reserve-oversight-fail/#comment-1978216</link>
		<dc:creator>TexasReader</dc:creator>
		<pubDate>Tue, 15 Sep 2009 10:53:37 +0000</pubDate>
		<guid isPermaLink="false">http://firedoglake.com/2009/09/14/bill-black-is-right-federal-reserve-oversight-fail/#comment-1978216</guid>
		<description>&lt;p&gt;Presidents from both parties have protected the Fed. for years. The “Brilliant Greenspan” and the “Indispensable Bernanke” are both part of the culture of corruption in DC.&lt;br /&gt;
Questions for Democrats and Republicans alike:&lt;/p&gt;
&lt;p&gt;Do you think that your elected Congressional representatives are following through with the promises the made to you in their campaign?&lt;/p&gt;
&lt;p&gt;Does Congress cater to We the People (left, center, or right) or special interests?&lt;/p&gt;
&lt;p&gt;Why does Congress exempt themselves from all the laws that impose on the American People and various businesses, organizations, etc?&lt;/p&gt;
&lt;p&gt;Do you perceive your Congressional Delegation as just regular people or do they act like the Ruling Elite that are above the common man or woman?&lt;/p&gt;
&lt;p&gt;Do you honestly believe that Congress on both sides of the aisle is corrupt?&lt;/p&gt;
&lt;p&gt;Do you think that the agenda of both parties is to keep Americans fighting among themselves about certain issues so the public does not turn its full attention on their elected representatives?&lt;/p&gt;
&lt;p&gt;I feel that both parties are corrupt and enjoy playing Americans against Americans to deflect any real look at what they have done or not done for you.&lt;/p&gt;</description>
		<content:encoded><![CDATA[<p>Presidents from both parties have protected the Fed. for years. The “Brilliant Greenspan” and the “Indispensable Bernanke” are both part of the culture of corruption in DC.<br />
Questions for Democrats and Republicans alike:</p>
<p>Do you think that your elected Congressional representatives are following through with the promises the made to you in their campaign?</p>
<p>Does Congress cater to We the People (left, center, or right) or special interests?</p>
<p>Why does Congress exempt themselves from all the laws that impose on the American People and various businesses, organizations, etc?</p>
<p>Do you perceive your Congressional Delegation as just regular people or do they act like the Ruling Elite that are above the common man or woman?</p>
<p>Do you honestly believe that Congress on both sides of the aisle is corrupt?</p>
<p>Do you think that the agenda of both parties is to keep Americans fighting among themselves about certain issues so the public does not turn its full attention on their elected representatives?</p>
<p>I feel that both parties are corrupt and enjoy playing Americans against Americans to deflect any real look at what they have done or not done for you.</p>
]]></content:encoded>
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		<title>By: TexasReader</title>
		<link>http://firedoglake.com/2009/09/14/bill-black-is-right-federal-reserve-oversight-fail/#comment-1978214</link>
		<dc:creator>TexasReader</dc:creator>
		<pubDate>Tue, 15 Sep 2009 10:39:39 +0000</pubDate>
		<guid isPermaLink="false">http://firedoglake.com/2009/09/14/bill-black-is-right-federal-reserve-oversight-fail/#comment-1978214</guid>
		<description>&lt;p&gt;Can anyone please tell me why Democrats or Republicans would be against HR 1207 which would require a “real” audit of the FED. Bernanke is going bonkers about the fact that the House has 282 co-sponsors to the bill but Barney Frank won’t let it out of committee. 290 co-sponsors would take it out of his hands but not assure that Pelosi would allow a vote. It has more co-sponsors than it would take to pass the bill.&lt;br /&gt;
What is the Fed hiding? Are they some secret society? I think that Dems. Repubs. and Independents can agree that there needs to be some light shed on the FED.&lt;/p&gt;</description>
		<content:encoded><![CDATA[<p>Can anyone please tell me why Democrats or Republicans would be against HR 1207 which would require a “real” audit of the FED. Bernanke is going bonkers about the fact that the House has 282 co-sponsors to the bill but Barney Frank won’t let it out of committee. 290 co-sponsors would take it out of his hands but not assure that Pelosi would allow a vote. It has more co-sponsors than it would take to pass the bill.<br />
What is the Fed hiding? Are they some secret society? I think that Dems. Repubs. and Independents can agree that there needs to be some light shed on the FED.</p>
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		<title>By: TheLurkingMod</title>
		<link>http://firedoglake.com/2009/09/14/bill-black-is-right-federal-reserve-oversight-fail/#comment-1977905</link>
		<dc:creator>TheLurkingMod</dc:creator>
		<pubDate>Tue, 15 Sep 2009 03:03:21 +0000</pubDate>
		<guid isPermaLink="false">http://firedoglake.com/2009/09/14/bill-black-is-right-federal-reserve-oversight-fail/#comment-1977905</guid>
		<description>&lt;p&gt;watertiger is upstairs!&lt;br /&gt;&lt;a href=&quot;http://firedoglake.com/2009/09/14/late-night-mike-huckabees-dixie-dog-whistle/&quot; rel=&quot;nofollow&quot;&gt;Late Night: Mike Huckabee’s “Dixie” Dog Whistle&lt;/a&gt;&lt;/p&gt;</description>
		<content:encoded><![CDATA[<p>watertiger is upstairs!<br /><a href="http://firedoglake.com/2009/09/14/late-night-mike-huckabees-dixie-dog-whistle/" rel="nofollow">Late Night: Mike Huckabee’s “Dixie” Dog Whistle</a></p>
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		<title>By: Hugh</title>
		<link>http://firedoglake.com/2009/09/14/bill-black-is-right-federal-reserve-oversight-fail/#comment-1977896</link>
		<dc:creator>Hugh</dc:creator>
		<pubDate>Tue, 15 Sep 2009 02:53:03 +0000</pubDate>
		<guid isPermaLink="false">http://firedoglake.com/2009/09/14/bill-black-is-right-federal-reserve-oversight-fail/#comment-1977896</guid>
		<description>&lt;p&gt;2005 was when we began to talk about the craziness in the mortgage markets here at fdl.  2005 I believe was when housing construction peaked.  The Fed and the government should have acted in late 2004 or early 2005 at the latest.  But these were still the Bush-Greenspan years when anti-regulation Friedmanesque economics were all the rage.&lt;/p&gt;
&lt;p&gt;Having dopes like Bush or saps like Obama as President has real consequences.  We have already seen this to our great pain with Bush.  We will see it with Obama as well.&lt;/p&gt;</description>
		<content:encoded><![CDATA[<p>2005 was when we began to talk about the craziness in the mortgage markets here at fdl.  2005 I believe was when housing construction peaked.  The Fed and the government should have acted in late 2004 or early 2005 at the latest.  But these were still the Bush-Greenspan years when anti-regulation Friedmanesque economics were all the rage.</p>
<p>Having dopes like Bush or saps like Obama as President has real consequences.  We have already seen this to our great pain with Bush.  We will see it with Obama as well.</p>
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		<title>By: bonkers</title>
		<link>http://firedoglake.com/2009/09/14/bill-black-is-right-federal-reserve-oversight-fail/#comment-1977886</link>
		<dc:creator>bonkers</dc:creator>
		<pubDate>Tue, 15 Sep 2009 02:14:39 +0000</pubDate>
		<guid isPermaLink="false">http://firedoglake.com/2009/09/14/bill-black-is-right-federal-reserve-oversight-fail/#comment-1977886</guid>
		<description>&lt;p&gt;Vegas, baby!  Yeehaw!&lt;/p&gt;
&lt;p&gt;Ya know, there’s a lot of other ways to make real money outside of the stock market.  Real, sustainable money over the long-term that actually can even provide some benefit for society as a whole.  Imagine that.&lt;/p&gt;
&lt;p&gt;And from what I’ve gathered, he’s done quite well over “the bonanza” of fake Wall St. profits.  No matter, keep spinning that wheel, man!  I’m sure it’ll keep landing on your numbers.&lt;/p&gt;</description>
		<content:encoded><![CDATA[<p>Vegas, baby!  Yeehaw!</p>
<p>Ya know, there’s a lot of other ways to make real money outside of the stock market.  Real, sustainable money over the long-term that actually can even provide some benefit for society as a whole.  Imagine that.</p>
<p>And from what I’ve gathered, he’s done quite well over “the bonanza” of fake Wall St. profits.  No matter, keep spinning that wheel, man!  I’m sure it’ll keep landing on your numbers.</p>
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		<title>By: tbsa</title>
		<link>http://firedoglake.com/2009/09/14/bill-black-is-right-federal-reserve-oversight-fail/#comment-1977885</link>
		<dc:creator>tbsa</dc:creator>
		<pubDate>Tue, 15 Sep 2009 02:11:01 +0000</pubDate>
		<guid isPermaLink="false">http://firedoglake.com/2009/09/14/bill-black-is-right-federal-reserve-oversight-fail/#comment-1977885</guid>
		<description>&lt;p&gt;Seriously no more f’ing money for the banks.  Let those fuckers burn…&lt;/p&gt;</description>
		<content:encoded><![CDATA[<p>Seriously no more f’ing money for the banks.  Let those fuckers burn…</p>
]]></content:encoded>
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		<title>By: Frank33</title>
		<link>http://firedoglake.com/2009/09/14/bill-black-is-right-federal-reserve-oversight-fail/#comment-1977884</link>
		<dc:creator>Frank33</dc:creator>
		<pubDate>Tue, 15 Sep 2009 02:09:08 +0000</pubDate>
		<guid isPermaLink="false">http://firedoglake.com/2009/09/14/bill-black-is-right-federal-reserve-oversight-fail/#comment-1977884</guid>
		<description>&lt;p&gt;Who? That would be Regulator and Bankster Timmy Geithner. The CFR “senior fellow”, Fed President, and Citigroup CEO.&lt;br /&gt;&lt;/p&gt;&lt;blockquote&gt;
&lt;p&gt;In 2002 he left the Treasury to join the Council on Foreign Relations as a Senior Fellow in the International Economics department.[15] He was director of the Policy Development and Review Department (2001-2003) at the International Monetary Fund.&lt;/p&gt;
&lt;p&gt;In October 2003 at age 42, he was named president of the Federal Reserve Bank of New York. His salary in 2007 was $398,200&lt;/p&gt;&lt;/blockquote&gt;
&lt;p&gt;&lt;a href=&quot;http://rawstory.com/08/news/2009/09/14/economy-indefinite-life-support/&quot; rel=&quot;nofollow&quot;&gt;Timmy wants more money for his fellow banksters&lt;/a&gt;, because it is all good. The money is all good, that is. Timmy’s management of the Bankster Fraud, maybe not so good.&lt;br /&gt;&lt;/p&gt;&lt;blockquote&gt;
&lt;p&gt;significant parts of the financial system remain impaired.&lt;/p&gt;&lt;/blockquote&gt;
&lt;p&gt;Timmy wants more money for nothing and chicks for free, forever and ever. If we give them more money we can save them and the economy. Well, maybe not the economy, it is somewhat unclear. But conditions have improved, so taxpayers need to give his friends much more money to keep the improvements. If only I had continued government support, I would be so happy.&lt;br /&gt;&lt;/p&gt;&lt;blockquote&gt;
&lt;p&gt;“In those markets where conditions have improved, it is unclear whether the improvements achieved to date will persist without a period of continued government support.”&lt;/p&gt;&lt;/blockquote&gt;
&lt;p&gt;Things are improving, with Wall Street creatively investing in our country’s future.&lt;br /&gt;&lt;/p&gt;&lt;blockquote&gt;
&lt;p&gt;Wall Street are creating a new class of securitized assets, based on life insurance polices that were purchased from terminally ill people. This new investment class is profitable only if the people whose policies were securitized die when they were expected to — or sooner.&lt;/p&gt;&lt;/blockquote&gt;</description>
		<content:encoded><![CDATA[<p>Who? That would be Regulator and Bankster Timmy Geithner. The CFR “senior fellow”, Fed President, and Citigroup CEO.</p>
<blockquote>
<p>In 2002 he left the Treasury to join the Council on Foreign Relations as a Senior Fellow in the International Economics department.[15] He was director of the Policy Development and Review Department (2001-2003) at the International Monetary Fund.</p>
<p>In October 2003 at age 42, he was named president of the Federal Reserve Bank of New York. His salary in 2007 was $398,200</p>
</blockquote>
<p><a href="http://rawstory.com/08/news/2009/09/14/economy-indefinite-life-support/" rel="nofollow">Timmy wants more money for his fellow banksters</a>, because it is all good. The money is all good, that is. Timmy’s management of the Bankster Fraud, maybe not so good.</p>
<blockquote>
<p>significant parts of the financial system remain impaired.</p>
</blockquote>
<p>Timmy wants more money for nothing and chicks for free, forever and ever. If we give them more money we can save them and the economy. Well, maybe not the economy, it is somewhat unclear. But conditions have improved, so taxpayers need to give his friends much more money to keep the improvements. If only I had continued government support, I would be so happy.</p>
<blockquote>
<p>“In those markets where conditions have improved, it is unclear whether the improvements achieved to date will persist without a period of continued government support.”</p>
</blockquote>
<p>Things are improving, with Wall Street creatively investing in our country’s future.</p>
<blockquote>
<p>Wall Street are creating a new class of securitized assets, based on life insurance polices that were purchased from terminally ill people. This new investment class is profitable only if the people whose policies were securitized die when they were expected to — or sooner.</p>
</blockquote>
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		<title>By: tbsa</title>
		<link>http://firedoglake.com/2009/09/14/bill-black-is-right-federal-reserve-oversight-fail/#comment-1977883</link>
		<dc:creator>tbsa</dc:creator>
		<pubDate>Tue, 15 Sep 2009 02:08:14 +0000</pubDate>
		<guid isPermaLink="false">http://firedoglake.com/2009/09/14/bill-black-is-right-federal-reserve-oversight-fail/#comment-1977883</guid>
		<description>&lt;p&gt;Thanks for that.  Good Stuff.&lt;/p&gt;</description>
		<content:encoded><![CDATA[<p>Thanks for that.  Good Stuff.</p>
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		<title>By: fuckno</title>
		<link>http://firedoglake.com/2009/09/14/bill-black-is-right-federal-reserve-oversight-fail/#comment-1977882</link>
		<dc:creator>fuckno</dc:creator>
		<pubDate>Tue, 15 Sep 2009 02:06:23 +0000</pubDate>
		<guid isPermaLink="false">http://firedoglake.com/2009/09/14/bill-black-is-right-federal-reserve-oversight-fail/#comment-1977882</guid>
		<description>&lt;p&gt;bonkers @ 1&amp;10&lt;/p&gt;
&lt;p&gt; So he is an idiot who lost on the whole bonanza of the last 20 years, - sheesh. No wonder he’s selling bridges.&lt;/p&gt;</description>
		<content:encoded><![CDATA[<p>bonkers @ 1&amp;10</p>
<p> So he is an idiot who lost on the whole bonanza of the last 20 years, &#8211; sheesh. No wonder he’s selling bridges.</p>
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		<title>By: Sharkbabe</title>
		<link>http://firedoglake.com/2009/09/14/bill-black-is-right-federal-reserve-oversight-fail/#comment-1977881</link>
		<dc:creator>Sharkbabe</dc:creator>
		<pubDate>Tue, 15 Sep 2009 02:06:15 +0000</pubDate>
		<guid isPermaLink="false">http://firedoglake.com/2009/09/14/bill-black-is-right-federal-reserve-oversight-fail/#comment-1977881</guid>
		<description>&lt;p&gt;“Federal Reserve” my ass. “Private All-Devouring Vampire” is what it should say on that fucking creepshow-looking building.&lt;/p&gt;</description>
		<content:encoded><![CDATA[<p>“Federal Reserve” my ass. “Private All-Devouring Vampire” is what it should say on that fucking creepshow-looking building.</p>
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