Wednesday, January 27, 2010

FED SHRED

WHOA!!  :o   I just had a close encounter with a ‘mommy blogger’.  What the hey was that?!?  It scared the you-know-what outta me (the swirling vortex of the mundane and all) and I decided I’d better get my nasty back on!  Time to shred the Fed!!

It’s what I do.

First up, let’s review everything that’s been happening these days.

1) The deal that was made betwixt the NY Fed, AIG, and Goldman Sachs is slowly coming into the cold, harsh light of day.  It does not look good for Paulson–YES!!

2) Darrel Issa, ranking republican on the house oversight committee, has called lil’ Timmy Geithner in for a meeting Wednesday before the hearing on the AIG bailout.  Issa smells corruption!  Issa is mad!  Issa is rockin’ awesome!!

3) TARP cop Neil Barofsky is opening–count ‘em–TWO investigations into possible insider trading on the part of former NY Fed chair Stephen Friedman, a story broken on Daily Bail.

4) The white house is having a bit more trouble than anticipated garnering support for the reappointment of Ben Bernanke to chair of the Federal Reserve.  Ya think?  If those corrupt and/or stupid senators KNEW the lousy job Bernanke has been doing, they’d kick him out on his keister pronto.  The fact that they are coming around–well, sort of–one by one is good, yes, but IMHO, this should be a resounding “NO” vote on Bernanke’s reappointment.

5) Fight!  Fight!  Between an economist bully pseudo intellectual and the people who actually have to PAY for the dopey ideas he espouses.  It involves food, too!!

6) This one is too awesome to let fade away.  Arianna Huffington gets a proper smackdown by none other than your humble kitty blogger.  Scroll down for full impact.  Believe me, it was ALL my pleasure–well and truly.

Will Martindale at Let Them Fail has a great list of links up, too (his are all Fed related).

Second up–the schedule of fun:

1) THE HEARINGS–today–watch them live either on CSPAN or here at Daily Bail.  Guaranteed high drama!!

2) Bernanke’s re-confirmation.  Vote is planned for tomorrow (Thursday).  Harry Reid is still scrambling to get ‘yes’ votes.  Call some senators now and tell them to vote no!!

This is a big BIG week for the potential strides of liberty and independence from the Federal Reserve, a private bank that has complete and unconstitutional (yet legal) control over our currency.  Fiat money and fractional reserve banking are ruining our economy, people.  Wake up and take control back!  It should be in the hands of congress, whom WE control (or at least have the opportunity to control) via the voting booth.

Primer on the Federal Reserve here.

[Via http://sonicninjakitty.wordpress.com]

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