Follow Peter Schiff on Twitter!
Jul 29, 2009 Campaign for Liberty, Peter Schiff, economy, financial, news, politics
Follow Peter Schiff on Twitter, and you won’t regret it, I promise. Not only will you get regular updates on Peter Schiff’s run for the senate and updates on when Peter Schiff is appearing on the news, but you will also get tasty tidbits of economic goodness like these:
“You don’t drive an economy by consuming – the consumer is not the engine, the consumer is the caboose.”
“Minimum Wage Goes up—The only way to increase wages is to increase worker productivity. Wages cannot be raised simply by government mandate.”
“If wages could be raised simply by government mandate, we could set the minimum wage at $100 per hour and solve all problems.”
Great stuff. Follow Peter Schiff on Twitter, and support Peter Schiff for Senate.
Tags: Peter Schiff
Alan Grayson grills Ben Bernanke on Foreign Lending
Jul 22, 2009 Ron Paul, economy, financial, news, politics
Following Ron Paul and Bill Posey grilling Ben Bernanke, Alan Grayson grills Ben Bernanke on lending to foreign central banks. He mentions that before 2007, there had been absolutely no lending to foreign central banks and brings up a great point – whether there is actually a provision in the federal reserve act (which was enacted illegally anyway) that allows this type of lending? He also says, correctly, that the constitution states that “no money shall be drawn from the Treasury but in Consequence of Appropriations made by Law”. Bernanke seems to think that provision doesn’t apply to the Federal Reserve, even though the loans to the foreign central banks are in the form of treasury bills.
Tags: Alan Grayson, ben bernanke, constitution
Bill Posey questions Ben Bernanke on federal reserve transparency
Jul 22, 2009 Ron Paul, economy, news, politics
During a hearing of the House Financial Services Committee, following Ron Paul, Bill Posey questions Ben Bernanke on inflation and Federal Reserve transparency. My favorite part of this video is when Ben Bernanke says, “because, we have to be extraordinarily careful that the markets and the public don’t think that congress is trying to influence monetary policy decisions”. Bernanke is showing just how scared he is that the fed is soon going to be opened up to a FULL GAO audit as per the language in HR 1207. Why Bernanke feels that the PEOPLE should not be able to influence monetary policy, through their elected representatives, is far beyond me.
Watch and enjoy.
Also watch Ron Paul’s questioning of Ben Bernanke on the same day.
Tags: audit the fed, ben bernanke, Bill Posey, economy, Federal Reserve, HR 1207, monetary policy, Ron Paul
Max Keiser on Goldman Sachs’ shenanigans
Jul 20, 2009 economy, financial, politics
“They are literally stealing a hundred million dollars a day. Goldman Sachs is stealing every day on the floor of the exchange. They should be in the Hague, they should be taken on financial terrorism charges. They should all be thrown in jail.”
Tags: Federal Reserve, Goldman Sachs, Max Keiser
Sarah Palin endorses Rick Perry – what?!
I just lost quite a bit of respect for Sarah Palin. Sarah Palin is endorsing, and will be campaigning for, Rick Perry for governor of Texas. Why she would support the scumbag, bilderberg going, trans-texas corridor pushing new world order shill I have no idea. My only guess is that she simply doesn’t know what kind of scum he is, and that wouldn’t say much about her either. Too bad; after she had kind words about Ron Paul I thought she actually cared about the constitution and civil liberties.
Needless to say, I would have voted against her in 2012 anyway, if she decides to run for president. Hopefully I will have the honor of voting for Rand Paul for President in 2012.
Tags: news, politics, rick perry, Sarah Palin, trans-texas corridor
