Monthly Archives: December 2009

Translating Ben Bernanke

These matters are complex, and Congress is still in the midst of considering how best to reform financial regulation. I am concerned, however, that a number of the legislative proposals being circulated would significantly reduce the capacity of the Federal Reserve to perform its core functions. Notably, some leading proposals in the Senate would strip the Fed of all its bank regulatory powers. And a House committee recently voted to repeal a 1978 provision that was intended to protect monetary policy from short-term political influence. These measures are very much out of step with the global consensus on the appropriate role of central banks, and they would seriously impair the prospects for economic and financial stability in the United States. (Read more from washingtonpost.com)

Here’s my translation:
“These matters are complex.” = SILENCE, SCUM! DO NOT QUESTION YOUR OVERLORDS!

“the legislative proposals . . . would significantly reduce the capacity of the Federal Reserve to perform its core functions.” = IF YOU SUCKERS KNEW WHAT WE WERE DOING, YOU’D NEVER STAND FOR IT.

“protect monetary policy from short-term political influence” = SECRECY

“the global consensus on the appropriate role of central banks” = the global ambitions of my friends in the banking cartel

Bloomberg reporter who sued the Fed has died

Nov. 28 (Bloomberg) — Mark Pittman, the award-winning investigative reporter whose fight to open the Federal Reserve to more scrutiny led Bloomberg News to sue the central bank and win, died Nov. 25 in Yonkers, New York. He was 52.

Pittman suffered from heart-related illnesses. The precise cause of his death wasn’t known, said his friend William Karesh. (Read more from dailypaul.com)

Gun Wielding Grocer stops robbery, gets ‘thank you’ note from robber

Mohammad Sohail, the proprietor of a deli on Long Island, didn’t hesitate when he was accosted back in May by a man with a baseball bat who demanded his money. After having his hands up momentarily, the New York Post reports, Sohail pulled a 9 mm rifle from behind his counter and forced the would-be robber to drop his weapon.

After the robber pleaded for his life, saying he had no choice but to rob to feed his family, Sohail gave him some bread, $40, and sent him on his way.

The story would be astounding enough if it ended right there, but the robber surprised Sohail again just this last week, with a letter containing thanks and $50. (Read more from huffingtonpost.com)

Anna Baltzer & Mustafa Barghouti on The Daily Show!

Encouraging that they were even allowed on the air. I listened to Anna Baltzer speak once and met briefly with her. She inspired my own visit to the holy land.

The Daily Show With Jon Stewart Mon – Thurs 11p / 10c
Exclusive – Anna Baltzer & Mustafa Barghouti Extended Interview Pt. 1
www.thedailyshow.com
Daily Show
Full Episodes		 Political Humor Health Care Crisis

Check out Anna’s website www.annainthemiddleeast.com.



Climate change: the worst scientific scandal of our generation

A week after my colleague James Delingpole , on his Telegraph blog, coined the term “Climategate” to describe the scandal revealed by the leaked emails from the University of East Anglia’s Climatic Research Unit, Google was showing that the word now appears across the internet more than nine million times. But in all these acres of electronic coverage, one hugely relevant point about these thousands of documents has largely been missed.

The reason why even the Guardian’s George Monbiot has expressed total shock and dismay at the picture revealed by the documents is that their authors are not just any old bunch of academics. Their importance cannot be overestimated, What we are looking at here is the small group of scientists who have for years been more influential in driving the worldwide alarm over global warming than any others, not least through the role they play at the heart of the UN’s Intergovernmental Panel on Climate Change (IPCC). (Read more from telegraph.co.uk)