October 13, 2011

Audit of the Federal Reserve Reveals $16 Trillion in Secret Bailouts ²

All, News: US, Politics - US • Tags: $16 trillion, audit, bank of america, banks, barclays plc, bear sterns, citigroup, deutsche bank, economics, Federal Reserve, goldman sachs, jp morgan chase, lehman brothers, margan stanley, merrill lynch, Noam Chomsky, ron paul, royal bank of scotland, sanders, secret bailouts, switzerland, ubs

This article was posted by Noam Chomsky on July 21st, 2011.

The first ever GAO (Government Accountability Office) audit of the Federal Reserve was carried out in the past few months due to the Ron Paul, Alan Grayson Amendment to the Dodd-Frank bill, which passed last year. Jim DeMint, a Republican Senator, and Bernie Sanders, an independent Senator, led the charge for a Federal Reserve audit in the Senate, but watered down the original language of the house bill(HR1207), so that a complete audit would not be carried out. Ben Bernanke (pictured to the left), Alan Greenspan, and various other bankers vehemently opposed the audit and lied to Congress about the effects an audit would have on markets. Nevertheless, the results of the first audit in the Federal Reserve’s nearly 100 year history were posted on Senator Sander’s webpage earlier this morning: http://sanders.senate.gov/newsroom/news/?id=9e2a4ea8-6e73-4be2-a753-62060dcbb3c3 More…

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October 13, 2011

A very truthful video about how our government is reacting to Occupy Wall Street et al ^Reply

Activism, All, Occupy Wall Street, Politics - US • Tags: #occupywallst, #ows, government, hypocrisy, I am not moving, movement, Occupy Wall Street, protest, short film, video

This video has gone viral, and for good reason. The hypocrisy is thick within. Although our government compares greatly to those who have recently revolted, such as Tunisia, Egypt, and Libya, we are still a people who are now protesting our own government, and corporate greed and corruption. The words spoken here by our elected officials currently seem as though to do not apply to our own citizens.

Very moving. If you only watch one video today, please make it this one. More…

October 13, 2011

Occupy Albuquerque | The March of the Banks Oct 12 2011 ^Reply

Activism, All, Occupy Wall Street • Tags: #occupywallst, #ows, banks, march, occupy albuquerque, Occupy Wall Street, occupyburque, protest, short film, solidarity, statistics, video

Yesterday, Occupy Burque took to the downtown streets and spread the word. This video is not a march full of chants, nor any police action, but was done to spread the word and educate the public about the facts of what the banks are doing to this country… to each individual. Some of the numbers provided are shocking.