Although each and every one of the topics covered in these pieces of political satirical art are serious in nature, every once in a while, we all just need to smile and chuckle a bit just to lighten our spirits. Rome was not built in a day, and our government and other politically related woes will not be solved in a day either. More…
Tag Archives: Federal Reserve
The American Dream | An animated video explaining the Federal Reserve 1
I had watched this video a several months ago and found it mildly interesting. I did not watch it in it’s entirety, though, as it is 30 minutes long. However, in light of all the recent Occupy Wall Street spreading like wildfire, this link came back to me once again. This time, I watched it from beginning to the end.
Audit of the Federal Reserve Reveals $16 Trillion in Secret Bailouts 2
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…
