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Bernanke Reconfirmation Vote Passes 16:7, Full Vote Count
Vote passes 16 to 7. Jeff Merkley breaks ranks with the Majority and deserves the praise of those 79% who believe Bernanke should be fired. We will shortly analyze why Senator Corker's real estate interests may have been quite a conflict of interest in his vote. The following from a staffer:
"Bunning and Vitter claimed that the Fed sent AIG-related documents to Fed-friendly staffers on the committee, and those staffers wouldn’t share them with all Senators on the committee. They requested a delay until all Senators could see them. Dodd agreed that these documents should be shared, but wouldn’t delay the vote."
Majority
- Christopher Dodd, Chairman, Connecticut Yes
- Tim Johnson, South Dakota Yes
- Jack Reed, Rhode Island Yes
- Chuck Schumer, New York Yes
- Evan Bayh, Indiana Yes
- Robert Menendez, New Jersey Yes
- Daniel Akaka, Hawaii Yes
- Sherrod Brown, Ohio Yes (soft may change on the floor)
- Jon Tester, Montana Yes
- Mark Warner, Virginia - Yes
- Jeff Merkley, Oregon - No
- Herb Kohl, Wisconsin Yes
- Michael Bennet, Colorado Yes
Minority
- Richard Shelby, Ranking Member, Alabama No
- Bob Bennett, Utah Yes
- Jim Bunning, Kentucky No
- Mike Crapo, Idaho No
- Bob Corker, Tennessee Yes (soft may change on the floor)
- Jim DeMint, South Carolina - No
- David Vitter, Louisiana - No
- Mike Johanns, Nebraska Yes
- Kay Bailey Hutchison, Texas - No
- Judd Gregg, New Hampshire - Yes
h/t ShopYield
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Hell, and I thought all those good damning comments would do him in.
TIME Magazine has declared Ben Bernake as the "Person of the Year", 2009....of course they also declared Aldolf Hitler as the "Man of the Year", 1938.
is TM antisemitic now to put him in the same line with Hitler and Stalin ?
You are an imbecile.
Thanks for the link Tyler--exactly what we already knew would happen
We now resume financial entropy, already in progress...
so nomination will easily fly thru senate floor next year--
you needed at least 10 nays to make the process interesting
Billy Squier seems fitting,methinks;
http://www.youtube.com/watch?v=bLHc-yIAPbg
and just like all those boys on committee, he's a really bad dancer
So true , DaveyJones. He's quite the snappy dresser too.
I am worse for the watching
could this be a more fitting tribute?
http://www.youtube.com/watch?v=mgAcx_aiPrA&feature=fvw
the lyrics are dead on and the actor who played Ben in the 72 film is a spitting image
And there goes 800 billion of toliet paper that the banks have to come up with cash to settle. Going to be a huge dollar rally followed by economic cliff dive version 2. The power dive.
I tell you the only thing that will stop this kind of outrage will be massive public demonstrations and enormous economy paralyzing general strikes. We're long past votes in Congressional committees or on the first Tuesday every other November. Those only serve to stir the hopes of children and the daft, no more.
General Strikes!!!
Excellent, the only practical way to mobilize the masses,,marches on the District of Criminals is a sideshow..
I'm calling in drunk tomorrow..
good luck waiting for the public at large to get off the sofa and protest. hell, i would be willing to bet an ounce of gold that less than 50% of americans know who bernanke is and what position he holds. it would require understanding of an issue first and foremost before one would peel themselves away from an episode of "the hills" and get the motivation to protest.
It would seem you have a good understanding of the clusterfuck nation. However I'm going for less than 10%..
i was behind geithner in starbucks and the woman at the counter had no idea who he was
You should have fired a hot cup of coffee on him, Jerky.
Yes, bad financiers deserve to be burned with hot coffee, Jerky.
Thanks for the comment. You have it exactly right. Five or ten percent of the population, i.e. 15-30,000,000 people, in a general strike would begin to turn the tide and the powers that be would fold like an accordion. And the couch potatoes could watch the changes on television.
We’re moving toward economic boycotts and general strikes. When you move up to that point, they listen. Parading with signs is one thing; hitting economically is another.
About the same proportion supported the American Revolution...
Or what an ounce of gold is worth.
They turn off the TV, but come back from the protest because of the LRAD sonic weapons and tear gas. You can protest as long as the Powerz think it's cute. If it's not cute you get arrested, tasered, and beaten - often in that order.
A couple of issues that aren't all that hard to understand are starvation and homelessness, son. If Rosenberg is right and the next several years see unemployment at close to 13%, I don't think the ritual sacrifice of Bernanke or anyone else hardly will be enough for them. Spectator cynicism reaches critical mass when the stomach growels, even if the preferred diet consists largely of Cheetos and pop.
the public is easily pacified and would be fooled into fighting amongst themselves before they would march up the steps of the oligarchs and demand blood.
why do you think extreme right / left political pundits generate such a following? because that is all americans have the capacity to understand; this republican and democrat bullshit. there is a large segment of our country right now that thinks that despite the overwhelming evidence that our president is a corporate panderer, they instead label him a "socialist". there are people in our country who think obama actually lowered our defense spending for fy09. there are those who think that we actually found wmd's in iraq . . . and there are people who would be hard pressed to find iraq on a map for gods sake!
yes, homelessness and hunger will emerge, but an irrational and slow witted public would not direct its anger in the proper directions. the oligarchy will remain intact while the sheeple fight amongst the left over scaps in the street.
While I can understand your pessimism since I share it to some extent, I suspect you overreach considerably with the remark, "all americans have the capacity to understand [is] this republican and democrat bullshit". Wouldn't it be more accurate to say that all that Americans have manifested to date is a lack of willingness to understand their dilema in anything but the most traditional terms? Is it really a question of capacity, then, or will? Certainly, those supporting the populist and progressive movements of the late nineteeth and early twentieth century in this country proved themselves capable of surpassing the established political categories. Why would their progeny be any less natively capable? And in any case, who is expecting them to to "march up the steps of the oligarchs and demand blood"? I think what to look for here is something more along the lines of the Solidarity protests in Poland in the 1980s. There the people faced a tyranny perfectly willing to use force to suppress their peaceful strikes and demonstrations yet they perservered with genuine courage and ultimately prevailed. As Adolf Hitler once said but in an entirely different context, "You have only to kick in the door and the whole rotten structure will come tumbling down".
Ahem, unemployment is currently 22% by Shadowstats,
50+% in Detroit and increasing...
Dollar (via DXY) rally on. Spot gold getting the shiv.
All as if it was according to plan.
Bring on the shiv! Buy the dips!
And defenestrate yourself?
Hooray! The American process of self-destruction will continue unabated. This is good for gold.
I am Chumbawamba.
Chumbawamba, I have to agree.
I was afraid that someone competent would take his job and make me feel silly for stockpiling Gold, Silver, Ammo, etc...
My faith in the utter stupidity of our elected officials and those who continue to vote for them is restored. Bring on the collapse! I have no doubts that it going to be traumatic to everyone, including myself, but I do like history, and this period will be studied and ultimately revised/abridged many years from now. It's kinda refreshing to experience true history firsthand. May God have mercy on our souls...
In the meantime... Gold Bitches!!!
Selah,
May I repeat some of this when writing Tim Johnson today? You nailed what I think. I had hopes that we had a South Dakotan who would think for himself. Wrong.
You left out food...
In other words:
"Yay.... I am a selfish pric and could care less about straightening out this economy.
I am a greedy Chump."
Dude. The economy is in a Gordian knot. There's no 'straightening out'. The solution is Alexandrian. Has nothing to do with 'selfishness'.
Excellent metaphor
Chumba,
Have you noticed anything in the physical silver market lately? It appears to be getting tighter. I was seeing uncirculated eagles for $20.70 when CRIMEX was still at $19+. Now CRIMEX is back around $17 and eagles are still $20. Could just be the mint announcement but 90% junk coins, which by definition should trade closer to spot are showing a similar tightness.
Primus, You can't find silver eagles in metro kansas city at the coin shops.
Interesting.
One of the locals in my neighborhood 'ran out' of gold and silver a couple of months ago. I suspect he moved all his stock out of the store to a more secure location rather than sold out as he will still take orders.
Shouldn't be long until $100 per ounce once Zimbabwe gets another crack at the presses.
I prefer to walk into a shop, but lately I've had a lot more luck finding what I want online.
I splurged a bit on my last silver purchase and paid $450 for 20 2009 silver Eagles. It was a private sale (through craigslist) and the seller was only selling because he needed money to pay the bills (he's a government worker, btw). This was recently when silver had broke through $19 but started to fall back. At the time I made the purchase, silver was back into $18 territory, but I didn't haggle because, yes, silver is getting tighter and these are uncirculated 2009 silver Eagles minted at West Point. Should bring me good returns in the future ;)
But as far as overall tightness? Sure, it's getting tighter, no doubt. But I can still get on demand, at least in small quantities. Not sure about anything larger than $1,000 equivalence.
I am Chumbawamba.
Not one in a million understands deflation...
Buy at a premium and sell at a discount...
WTFROTFLMAOGB!!!
I am Chumbawamba.
I found Senator Corkers comments interesting. He indicated he was trying to verify some rumors...... I just wonder exactly what Senator Corker was referring to??
It's a Festivus miracle.
Let the airing of the grievances continue....
There's a shocker. However, do you see any change in markets behavior pre- and post vote? Nothing earth-shattering here, nothing to see.
The market already knew he would get a pass....Your right, nothing to see here..
But the DXY also non reacting, I would have thought to the downside.....
Folks, take a good look at M-3,
declinoing since 2008.
BB has been playing liars dice with
John QA, talking helicopter and withdrawing
liqudity.
Like the Highlander or Scratchy, people may not realize
it until their heads fall off...
Double post due to blogger's twitch.
It is the “Bernanke Dollar,” a fitting tribute to the Time’s man in this worst of times.
No matter where they turn, Americans are unable to use their Bernanke dollars to buy anything of dependable value. Real estate: where’s it headed? Equities and even gold? The dizzy spin is everywhere. Retirement nest egg? Get serious! Every direction is speculation, not speculation on the object being purchased, but speculation on the future value of the currency.
The story isn’t just prices going up. The entire monetary system is undependable. The Fed cartel wants you to speculate. They have made gambling your only alternative and their game is rigged: they’ve created a system to steal the labor of Americans. And, now, they’ve destroyed the dollar as an exchange claim.
The once “good as gold” American dollar 2009--still borrowing what credibility it can from George Washington--with the facile face of Benjamin Shalom Bernanke…as drawn on its cover dollar by Time…would be far more appropriate. For this fiat buck…issued, printed, valued and secretly spent by its private owners…the Federal Reserve…for all the banking cartel’s debts and profits, has not only created instability throughout national and world price levels but it has given control of the American Government to international financiers.
They who control the credit of a nation or the exchange currency of the world direct the policy of governments and hold in the hollow of their hands the destinies of the people. As Woodrow Wilson lamented in 1916, three years after signing into law the Federal Reserve Bank of the United States, “The growth of the nation, therefore, and all our activities are in the hands of a few men…”
Now, the American dollar, created out of thin air and unchecked by commodity to guard against criminal excesses by the Government’s government, has lost its necessary function--as a dependable medium of exchange and stable store of value--in short, as money.
As defined, fiat is “an authoritative command that something be done; on order or decree.” Buyer and seller are ordered by law to use the Federal Reserve banknotes as currency by this third party (no longer operating as the people’s representative) and this third party, to its own benefit, varies the value of its banknotes, leaving the nation hampered for lack of a proper means to carry on its indispensable exchanges.
Example: Americans are forced to pay current dollars to Government to purchase Social Security retirement. But on retirement, the banknotes Americans will be repaid are stripped of much of their value.
According to the John Williams’ Shadow Government Statistics Inflation Calculator, a Federal Reserve banknote of $100 in October 1987 would require $188.01 to equal its worth in October 2009 dollars using Bureau of Labor CPI-Urban Workers All Items calculations--or $543.67 using the SGS Alternate CPI government methodologies in place in 1980. The American Banking News says that since the Federal Reserve took control over the United States money supply in 1913, the buying power of the dollar has fallen by 95% according to data from the Consumer Price Index (CPI).
Consider a typical restaurant in the early 1900s, says ABN. “A drink of coffee, tea or milk at a restaurant could be had for just five cents. A main course meal of pork tenderloins, roast beef, pork and beans or chicken fricassee could be had for just twenty cents. For desert, a rhubarb apple pie, lemon layer cake or green apple pie could be had for just five cents. A family of four could eat a restaurant for just $1.50—and groceries were even cheaper…
“The price increases (inflation) that you have seen as you have grown up are largely the result of the Federal Reserve mismanaging America’s currency.
“[T]he U.S. economy has grown at a slower rate since 1914 than it did before the Federal Reserve System was implemented” … and “the price of goods has increased at a much greater rate since the Federal Reserve System went into effect, even though that period included the greatest deflationary period—the Great Depression--and the period before 1914 included the greatest inflationary period—the Civil War."
I believe Senator Reed (D-RI) actually voted no.
Sent another email to Kay Baily Hutchinson:
Muchos Gracias por your vote against Bernanke.
Kind Regards.
Does the vote now go to the floor? If so when?
LOL Mucho Bueno!
Sen. Vitter: Good job. I guess my repeated phone calls may have worked. If you haven't called your senators, do so early and often.
http://www.senate.gov/general/contact_information/senators_cfm.cfm
Such a pity! I am feeling very pity about you, americans :)
sarcastic or not (?), by allowing this to continue, we rather deserve what we're getting. what a mess.
I'm glad he was re-confirmed. He needs to go down with the ship (dollar) like a good captain! That's the least he can do now! He won't have to wait long as the ship sinks in January!:))
+10. silver lining, that idea. good call.
"Senator Corker's real estate interests"
Is this why IYR refuses to go down? (since Nov. 30, SPX up 0.7% but IYR up 8.2%)
Morgan Stanley strategically defaults on CRE? Double-standard much?
http://www.bloomberg.com/apps/news?pid=20601087&sid=aLYZhnfoXOSk&pos=5
worst case scenario continues to play out
They should be ashamed of themselves in a very deep and profound way.
Dead on, JR.
Amendment to the Constitution of the United States
All campaign contributions shall be limited to an amount no more than $20 dollars.
A political candidate shall be able to spend an amount of their own money, while running for office, of $100,000.00.
Only natural born persons, who are registered voters in the district of the office being contested, may make campaign contributions.
Only natural born persons may receive a campaign contribution, and this money must be kept separate from all other monies of that natural born person.
No person may be elected to the same, or similar political office more than two times in their lifetime.
Any monies received by an elected or appointed office holder, while they hold an elected or appointed position, or for an amount of time after leaving office that they were in office, that are in excess of their annual salary as determined by the office they hold, or held, shall be forfieted to the Treasury of the United States for the purpose of paying down the national debt.
The rights and duties of the Constitution of the United States and any amendments thereto only apply to natural born persons unless those rights or duties explicitly state otherwise.
Congress does NOT have the right to delegate the determination of the value of money to others, nor does it have the right to delegate the printing or coining of money to others.
All money of the United States of America shall be backed by, or made of, gold or silver; the value of that money is regulated by Congress, but Congress shall not allow the value of that money to rise or fall over any ten year period on average.
Neither Congress, nor the President of the United States shall ratify any treaty or law that removes from Congress the ability to print or coin money or to determine the value thereof.
We can start with just one:
The constitutionality of any law passed by Congress or regulation passed by a government body must be upheld by a unanimous decision by 12 appointed justices of the Supreme Court.
That will stop narrow majorities from claiming to know the will of the people on what they wish to be governed on, take away the ideological biases of the justices and force the politicians to seek the people's permission for constitutional amendments to give them the power sought.
In other words, it has to be clear to all justices that something is consitution, or else it is not and Congress must re-do the law or seek a constitutional amendment.
We need an unanimous jury verdict to convict someone, shouldn't the Constitution be set a higher bar?
We can start with just one:
The constitutionality of any law passed by Congress or regulation passed by a government body must be upheld by a unanimous decision by 12 appointed justices of the Supreme Court.
That will stop narrow majorities from claiming to know the will of the people on what they wish to be governed on, take away the ideological biases of the justices and force the politicians to seek the people's permission for constitutional amendments to give them the power sought.
In other words, it has to be clear to all justices that something is consitution, or else it is not and Congress must re-do the law or seek a constitutional amendment.
We need an unanimous jury verdict to convict someone, shouldn't the Constitution be set a higher bar?
Simon,
The problem with that is is that Congress and the agencies will just flood them with new laws and regulations until there is a 50 year backlog.
However, I do agree that a MUCH simpler way needs to be devised so that a single average person can force a Supreme Court review of the Constitutionality of a law or regulation. Something that does not cost an arm and a leg and your firstborn, and take 15 years to complete.
Maybe a once in a lifetime chance to say - I think this law is unconsitutional and I request that the Supreme Court review it on Consitutional grounds. The Supreme Court would then have to review the law and make sure all of it, in whole and in part, is within the bounds of the Constitution.
i'm saving this list for future reference. nicely put.
I would add that the number of laws (distinct laws, not bills), should be directly correlated to the number of citizens by a ratio of, say, 1 law to every 500,000 persons. As such, we have roughly 600 laws right now. if you want a new one, you have to negate an old one. The current unlimited laws/control thing is unsustainable. if a law were a limited resource, it would doubtless be treated differently.
the constitution is under 20 pages, the health-care bill is 2000. not a good trend.
sure, the number and ratio of laws might differ from my estimate, but the principal is sound. fewer and better laws vs infinite useless ones.
great list!
The foreign emoluments phrase applies to
corporations, which are not native-born cirtizens...
I will be campaigning aggressively against the re-election of Michael Bennet here in Colorado.
These people need to be voted out and everyone needs to know why they get voted out.
If the electorate does not get involved aggressively, we will keep taking it up the ass.
Same here. And in my e-mail communications with his staffers, I can already tell you Senator Bennet is against "Audit the Fed".
Colorado needs a solid Independent candidate for the next Senate seat. Would you like to run, Ripped Chunk?
I have sent him 4 or 5 messages so far. A real sweet one sent today.
Come re-election time he is going to wonder who the fuck I am. Just a concerned citizen sir!
Pollis is not my congressional district but they have put him up to sponsoring some real stupid shit bills. He needs to go too. A one termer.
Assetman, sorry I did not answer the entire question. I would love to run but my criminal record (no white collar crime, just beating on people) would be brought up immediately. So politics is not in my future (maybe in Jersey City NJ?)
I agree. I have a D after my name, but truthfully I don't give a sh$t about the party now. I will tell everyone I know to vote against him. I have already wrote him a wonderful email. It is a crossing point for America and this party-lines BS must stop. Get the crooks out (90% of them) and start over. I feel so helpless in this disaster. I was hoping to at least make $ off it but the fix is too strong - PNC, SLG, LEN, SPG. Everytime they start to trade down some asshole upgrades them. Unreal.
Same goes for me. I have sent him many letters and he does not listen, rather he simply pulls the party line. I don't believe either he or Udall have the ability to think for themselves. It is much safer in the short term to be a loyal part of 'the team'. November should be fun to see many of these idiots tossed out of office. The question is, will there be anyone capable to take their place???? I will also be campaigning against my congressman because he is simply an idiot and if he gets elected again then he qualifies for the retirement plan (they get it after 5 years in office) and no one deserves that type of benefit.
For every one person that wants to take their place and make a real difference there are five with money and favors owed that will be "propelled" into the race as the favorite. It is insideous, filthy and will not change without some radical backlash from allot of people.
I am not a huge Ritter fan but I really wonder how the main Republican challenger for governor has a Scottish name but looks like a Nazi???? And sounds a bit like one too.
Imagine my (complete lack of) surprise.
American fascism in action.
http://www.examiner.com/x-18425-LA-County-Nonpartisan-Examiner~y2009m12d...
http://www.examiner.com/x-18425-LA-County-Nonpartisan-Examiner~y2009m12d...
that's what i've been saying, this isn't "socialism" or "communism" in any form, it is fascism, though i can understand how people are confused because what many grew up knowing as communism in the Soviet Union was more like fascism than the worker's paradise that is supposed to be communism, but we are much closer to Mussolini's Italy than anything.
We need to help people understand this.
We live under corporatism, actually "economic fascism" is even more precise, one can read Thomas J. DiLorenzo's "Economic Fascism" here: http://www.lewrockwell.com/dilorenzo/dilorenzo85.html
Quote: A version of economic fascism was in fact adopted in the United States in the 1930s and survives to this day. In the United States these policies were not called “fascism” but “planned capitalism.” The word fascism may no longer be politically acceptable, but its synonym “industrial policy” is as popular as ever. /Quote
(I am trying to be helpful and add to your statement, I am NOT destructively criticizing whatsoever.)
Frankly, when people bring up voting in the US, or "democracy", I now calmly state that "democracy does Not work, only in relatively small groups, and that is why we* export it". Followed by the Founding Fathers' fear of democracy.
* the good ol' USA
Those of us that reside in Tennessee know all about Bob Corker. He is, after all an Oliver O. Howard kind of Tennessee republican.
MK, tell me more about (why) your Corker-Howard comparison.
The Congress once agains misses its chance to vote for the people. It’s important to remember that this is the Congress of the United States and not some straw poll among campaign workers. These men and women were to be representatives of the American people and 16 of their votes were cast for the banking cartel, turning their backs on their sacred duty to represent the people of the United States. Eventually, when the Federal Reserve is withdrawn from the scene, one could look back on these 16 votes as a missed early opportunity to fix America’s financial problem.
WSJ today:
WASHINGTON -- Less than a year after Inauguration Day, support for the Democratic Party continues to slump, amid a difficult economy and a wave of public discontent, according to a new Wall Street Journal/NBC News poll.
…A majority of Americans believe the U.S. is in decline. And a plurality now say the U.S. will be surpassed by China in 20 years as the top power.
… Support from independents for the president and his party continues to dwindle
… House Speaker Nancy Pelosi said Wednesday that Democrats "fully intend to be in the majority" after November 2010, and she was now shifting to "campaign mode" to help candidates… The Journal/NBC survey found Ms. Pelosi's presence on the campaign trail could do more harm than good. Fifty-two percent said they would be less likely to vote for a candidate who agreed with the speaker almost all the time.
http://online.wsj.com/article/SB126100346902694549.html?mod=WSJ_hpp_MIDDLENexttoWhatsNewsSecond
I just got done with a polite call to a staffer in Senator Kohl's office. I politely described my complete and utter contempt for his enabling of the status quo in Washington DC. I also described him as just another rich old white guy -- out of ideas -- who thinks narrowly about the world he creates for himself.
Despite the temptation, I didn't suggest he should come out of the closet, but his repressed sexual identity must be very self-conflicting.
Judd Gregg is such a scumball.
Yeah, that dood is just terrible. Bought and paid to the nth degree.
I don't believe he is going for another term, so what does he give a fu*k.. By the way, who names their kid Judd...?
That is so ridiculous that Dodd flat out refused to delay the vote when materials were not made available to all. Dodd get's a christmas bonus this year, that's for sure.
If anybody has relatives in CT tell them to give Peter Schiff a look so we can get that Prick out of there..
The man has never held a private sector job, I'm told..
Frankly, I think ZH should consider calling out Schumer.
He was lauded on these pages for flash trades.
He deserves to be skewered on the Bernanke mess.
Note to Chuck:
1 Bernanke policies and failure of oversight was a significant contributing factor (along with your buddies at Goldman and the other wall street, banking companies).
2 Bernanke has the same policies as before but on steroids.
3 They are doomed to failure.
4. I'll be looking forward to your pathetic spin when this happens in the future and your ability to get in front of a camera and completely absolve yourself of any blame.
5. You are a shill for the banks and wall street and completely lacking in leadership for a US Senator.
6. The State of New York is a bankrupt piece of crap and has gotten significantly worse while you have been a NY Senator.
Schumer is such a pretender, always so "busy" he can't stay put in any hearing. Often he jumps in out of order, posts the question and leave without even hearing the fucking reply.
Today wasn't different. He came late after the vote (yay by proxy) and asked to be recorded as present. He wouldn't collect the check otherwise, I guess. Bastard!
Empire State equals Empire City equals Wall Street equals The New York Federal Reserve Bank equals Chuck Schumer. Follow Chuck Schumer, follow the money. Deadhead, You got it!
DH / We all can bitch 'til the cows come home. Talk, without treat, or action, is irrelevant, period. What you need to ask Tyler is... will ZH put forth, or create/establish some kind of segregated political action campaign account -- that ZH'ers can donate $1000 each and build up a war chest of $1,000,000 (that's only 1000 donations @ $1000 each = feasible) to use as a "lobbying force or tool" to influence these morons to vote for policies we believe strongly in. Money talks, BS walks. Whores (i.e. politicians) always get on their knees for a price. Money is a universal language. And politicians will do almost anything for money.
What ZH could use is a political affiliate.
Consider the Campaign for Liberty rather than re-invent the wheel:
http://www.campaignforliberty.com/
Schumer just called an airline attendant in First Class a b**ch
for doing her job. Schumer put IndyMac out of business for
his hedge fund buddies. Quintessential putz...
Corker was one of the ones I liked - oh well - add another to the bad team. Fooled again darn it.
corkers nickname is Bailout Bob. F him and F all the Yay votes
my pitchfork comes for you when the mob revolts
Just because someone voted no, it doesn't mean they are any better. A no vote means their handlers knew they had enough yes votes and decided that it was better publically for them to vote no.
i dont disagree however i still need to think we have one or two sensible congressmen in Mordor on the Potomac who vote whats right and who listens to their constituents. I think Demint is one of them asis Dr Paul
I'm glad Bernake is going to get re nominated.
I want to see the house burn down with him in it.
The only way Bernanke gets the justice he deserves, which is hanging from a lightpost or put up against a wall with a blindfold, is if he is still in charge when the inevitable occurs.
I will sum up Bernanke's re nomination in two words, government capture.
This is no longer a country by and for the people. There has been a coup de'tat. Wake up. There's no fixing it from within the corrupted system. Tax revolt, massive work strikes and demonstrations, and full on revolution are the only paths that lead to a reclamation of our government. I suggest we as a nation exercise our rights to peacefully regain control soon, before we test the murky waters of anarchy. Historically speaking, dying democracies and republics usually emerge from such a state with something much worse. We must save our Republic. It is still alive, for now, albeit in captivity.
We must affect the bottom line to bring about ball clinching change. All else is meaningless.
Now, we have to determine which if the "yes" votes are most susceptible in the fall and put everything we have behind their main opponent or an independent that can steal enough votes to cause them to lose.
“Rum and Coca-Cola”
Since the Yankee got the fiat dollar
All that’s left is a hoot ‘n holler
All day long I wanna just cry
And hope to send Schumer bye-bye.
Drinking rum and Coca-Cola
Live in urban squalor
Both mother and daughter
Workin’ for the Bernanke dollar.
(apologies to The Andrews Sisters)
'You see I may be a Christian but I am also a capitalist. And I will defend our capitalist system against all enemies unless there's a way to profit from its' demise. Some conspiracy theorists out there have criticized the Fed as a secretive cabal that only benefits the well connected when in fact the Fed is merely an extra constitutional star chamber that controls our monetary policy with no oversight.'
-Stephen Colbert
How can a country have good, sound, and profitable growth if it's monetary policy is formed and exercised by private interested third parties? It's really as simple as this question.
It is logic defying, and it is anathema to our Constitutional principles as stated in black ink.
Do we allow an interested third party, like Blackwater or the artist formerly known as Blackwater) to run our country's military concerns? It's the same thing...
Our constitution spells out the need for a civilian controlled military, and also a need for Congress to create the money supply; ala monetary policy.
WTF!? Can people not read, or think?
Any list of Judd Gregg's contributors available? The ones who are paying him off to stay off their backs?
I find this quite useful, if there is a better one someone please advise. Just plug your friend's name in the search box:
http://www.opensecrets.org/index.php
Oh, of the resulting links, don't miss the "Personal Finances", good old Judd's done well, don't know what he did prior to the House of Lords.
Wrote my 2 senators from N.C. Hagan will vote to confirm as she's a former executive at N.C.N.B. Burr will probably vote No based on his sponsorship of S. 604. Told both I'd be watching their vote.
Hey, lotsa people in line for $4 coffees, $15 drinks, and flights to the tropics. Seems like economy is fine. Leading indicators look best since 1982.
As far as Bernanke, kinda wierd how political senators get over "confirmation". No one is asking you who you would appoint. You job is just to confirm -- Is this person "fit to serve"? Any "No" vote is just an obstructionist, petty, small-minded.
You all cant play quarterback. Start working for the people instead of grand standing and pork pushing.
Looking for suggestions where to buy gold online - very reputable, modest mark-up/shipping costs......
Hannes Tulving is your man
I just love my Texas representation!!!
If Ben doesn't get confirmed, you get Larry Summers as your next Fed Chairman. Just throwing it out there.
As an Oregonian I am very happy to have Jeff Merkley as my senator. I am happier to say that I hosted him in my home for a fundraiser in October of last year and that he is the kind of person who is willing to walk down the street to my house, mingle with 30 of my friends and directly answer the questions of their teenage children. He will absolutely be getting my support again.
And Bernanke refied. What do the powers at be know?
http://thegreatloanblog.blogspot.com/2009/12/fed-chairman-refied-into-30y-fixed-in.html
I'll bet I could start a new magazine and name Bernanke as the Douche Bag of the Year and I would sell more copies than Time.
You could get away with it nowadays, even on Time's cover...overnight loss of 20% longtime subscribers, but gain Gen X, Y...
That would be less shocking than the Nobel and Man of the Year awards.
spin = the perception of truth