FireStats error : FireStats is not configured

A case of the forgets: Ben Bernanke questioned by Dan Burton on BOA/Merrill Lynch merger

Posted on July 1st, 2009 at 6:40am by bile Tags: , , , , , , , , , , 1 Comment »

This is a few days old but I’m just catching up on news after PorcFest and this goes well with “Fed engaged in “cover-up” of BofA-Merrill deal-lawmaker.”

 

Fed engaged in “cover-up” of BofA-Merrill deal-lawmaker

Posted on June 25th, 2009 at 9:07am by beetlbumjl Tags: , , , ,

From Reuters,

Ben Bernanke

WASHINGTON, June 24 (Reuters) – The Federal Reserve sought to hide its extensive involvement and concerns about Bank of America Corp’s (BAC.N) acquisition of Merrill Lynch amid the latter’s worsening financial condition, a top Republican congressman said on Wednesday.

“The committee has already learned that Ben Bernanke and the Federal Reserve made inappropriate threats to fire Bank of America management unless they went ahead with the ’shotgun wedding’ that was the Merrill Lynch acquisition,” Rep. Darrell Issa of the House Oversight and Government Reform Committee said in a statement released to Reuters.

“The Federal Reserve also engaged in a cover-up and deliberately hid concerns and pertinent details regarding the merger from other federal regulatory agencies,” the statement said.

The committee has obtained a number of emails and documents from the U.S. central bank about its behind-the-scenes role in the merger, according to sources familiar with documents. (Reporting by Julie Vorman and Kim Dixon, editing by Leslie Gevirtz)

Imagine the sheer number of cockroaches Audit the Fed would uncover.  Good luck with that, Ben.

 

Ron Paul: Current Conditions or Just a Bad Dream

Posted on May 20th, 2009 at 9:35pm by bile Tags: , , , , , , 2 Comments »

 

Ron Paul getting some of the attention and credit he deserves

Posted on May 15th, 2009 at 9:33am by bile Tags: , , , , , , , , , , , , , , ,

 

Ron Paul: Please help me support Steve Lonegan

Posted on May 14th, 2009 at 2:30pm by bile Tags: , , , , , , , , , , , , , , , , ,

From an email I just received and a press release:

Dear Friend,

Steve Lonegan is strong advocate of free markets. I was very impressed by his record of budget restraint as Mayor of Bogota, NJ. He has been a vocal critic of runaway spending and taxpayer funded bailouts, and he understands that we must reject the nanny state and return government to its proper, restrained role. Sending Steve Lonegan to Trenton would be a tremendous victory for the people of New Jersey.

That is why I am supporting Steve Lonegan for New Jersey Governor. Steve is fighting hard in a difficult race, and he needs your help to win. Please support Steve in any way you feel appropriate. You can visit his website, Lonegan.com ( http://www.lonegan.com/ ), to donate, volunteer or receive more information.

At this time when big government forces are grabbing more and more power, we must come together and unite behind principled free market leaders like Steve Lonegan. Please join me in supporting Steve in any way you can and, most importantly, please make sure you get the polls and vote for him on June 2nd.

In Liberty,

Ron Paul

I had seen a lot of talk about this guy on the NJ Ron Paul mailing lists… looks like I should check him out. I did get an attack ad in the mail trashing him so he must appear to be a threat to someone.

 

MotorhomeDiaries interviews Ron Paul

Posted on May 12th, 2009 at 6:44pm by bile Tags: , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

Sunday morning I had the great opportunity to sit down with Ron Paul. This interview was really special because I credit Dr. Paul with “awakening” the greatest number of people — getting them to think for themselves, to question the role and legitimacy of government and to take ownership of their life.

In Part I we discuss resources available to those new to the ideas of liberty, immigration, free markets, the welfare/warfare state and bailouts.

In Part II we discuss civil disobedience, jury nullification, secession, monetary policy, the power of ideas, self-government and a voluntary society, advice for activists and the potential for other freedom fighters to join Dr. Paul in the halls of Congress.

Much love goes to Jesse Benton, Norm Singleton, Allison Gibbs and Adam Dick for helping to make this happen.

 


bob store

blog of bile