MooPig Government Shutdown Department :: Republicans Owe Us 24 Billion Dollars Plus for the Government Shutdown

DEFCON 2 -- You want Ted Cruz in charge of the Red Phone?
Mashed articles by Pat Darnell | OCT 18, 2013 | Bryan TX

[Picture LINK]

They spend money like a Houston socialite in Filene's Basement. They are the real "THEY." When you say THEY it is these people and their entourages. They see a pile of dough and they get all sweaty.

Republicans Owe Us 24 Billion Dollars Plus for the Government Shutdown: "As some points, the media is going to have to start calling Republicans out on their end goal. Let’s see. They get nothing… So what is the goal?

The result is the economy is harmed and America’s credit is dinged and we are a laughing stock. If those are the results and the GOP keeps doing it, at some point, we have to admit that those results ARE THE GOAL. That means that destroying America’s reputation, credit and economy are the goals of these Republicans, and the non-Tea Party Republicans haven’t the back to stand up to them, so the entire party is operating in service of the destruction of the country.

Last night, Nancy Pelosi saved the country again, bringing her entire caucus to vote yes to save the country from the GOP, while the GOP majority in the House sat on their hands, with 144 of them voting no on saving the country from default."

'via Blog this'

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Draw your own conclusions. Too bad these Hucksters can't be fired. It takes an election cycle and millions more of dollars for campaigns to get rid of them.

____________________Reference
http://www.politicususa.com/2013/10/17/republicans-owe-24-billion-dollars-government-shutdown.html
http://www.politico.com/news/stories/1010/44426.html
http://minnesota.publicradio.org/display/web/2008/11/05/michele_bachmann_retains_seat
http://www.filenesbasement.com/

MooPig Financial Trends :: "Bank Subsidies"

Government Cheese
Re-fashioned by Pat Darnell | June 29, 2013 | Bryan TX

"This is a clear case of socialism for the rich, -- and rugged, you're-on-your-own individualism for everyone else." (Bernie Sanders)  [Picture/MEME from faceBook]

Why Should Taxpayers Give Big Banks $83 Billion a Year? - Bloomberg: "So what if we told you that, by our calculations, the largest U.S. banks aren't really profitable at all? What if the billions of dollars they allegedly earn for their shareholders were almost entirely a gift from U.S. taxpayers?"

'via Blog this'

On television, in interviews and in meetings with investors, executives of the biggest U.S. banks -- notably JPMorgan Chase and Co. Chief Executive Jamie Dimon -- make the case that size is a competitive advantage. It helps them lower costs and vie for customers on an international scale. Limiting it, they warn, would impair profitability and weaken the country’s position in global finance.

In June 2011 Bernie Sanders and crew audited for the first time ever "from top to bottom" the Federal Reserve. It revealed that $16 trillion was provided by American banks, during the greatest economic failure since the Great Depression. The trillions were used to bail out "American and foreign, banks and businesses.

" ... Among the investigation's key findings is that the Fed unilaterally provided trillions of dollars in financial assistance to foreign banks and corporations from South Korea to Scotland, according to the GAO report. "No agency of the United States government should be allowed to bailout a foreign bank or corporation without the direct approval of Congress and the president," Sanders said. (Sanders, Bernie. June 21, 2011. LINK ) ... "

In Senator Sander's report from his web site it is implied that no one knows what the Federal Reserve System is, or how it does what it does; except for those employed by it. Those few executive yes men and women sitting at CEO positions at FRBNY, Federal Reserve Bank New York, and others are privy to secret information known only to the owners of the Federal Reserve Banks. Central Banks of Europe are included in this banking cartel.

For example:

"...the CEO of JP Morgan Chase served on the New York Fed's board of directors at the same time that his bank received more than $390 billion in financial assistance from the Fed. Moreover, JP Morgan Chase served as one of the clearing banks for the Fed's emergency lending programs. (Sanders, Bernie. June 21, 2011. LINK ) ... "

CONCLUSION
If the Federal Reserve Bank were a mouth, it would be chock full of cavities. Deep, dark, secret caves exist in our financial system.

"Neither bank executives nor shareholders have much incentive to change the situation. On the contrary, the financial industry spends hundreds of millions of dollars every election cycle on campaign donations and lobbying, much of which is aimed at maintaining the subsidy. The result is a bloated financial sector and recurring credit gluts. Left unchecked, the superbanks could ultimately require bailouts that exceed the government’s resources. Picture a meltdown in which the Treasury is helpless to step in as it did in 2008 and 2009. (By the Editors. Feb 20, 2013. LINK and LINK) ... "

NEXT WEEK ::  The Federal Reserve Act of 1913 is scheduled to expire at midnight December 31, 2013. It's renewal needs to be stopped.

__________________Reference
http://www.bloomberg.com/news/2013-02-20/why-should-taxpayers-give-big-banks-83-billion-a-year-.html
http://www.sanders.senate.gov/newsroom/news/?id=9e2a4ea8-6e73-4be2-a753-62060dcbb3c3
http://www.sanders.senate.gov/imo/media/doc/GAO%20Fed%20Investigation.pdf
http://www.opensecrets.org/industries/index.php

Stimulus Passes Senate, only one more out House to go...

READ ALL ABOUT IT!


Do you want to read it? [SOURCE]

page ONE

[FULL COMMITTEE PRINT]
111TH CONGRESS
1ST SESSION H. R. ll
Making supplemental appropriations for job preservation and creation, infrastructure
investment, energy efficiency and science, assistance to the
unemployed, and State and local fiscal stabilization, for the fiscal year
ending September 30, 2009, and for other purposes.
IN THE HOUSE OF REPRESENTATIVES
Mr. OBEY, from the Committee on Appropriations, reported the following bill;
which was committed to the Committee of the Whole House on the State
of the Union and ordered to be printed
A BILL
Making supplemental appropriations for job preservation and
creation, infrastructure investment, energy efficiency and
science, assistance to the unemployed, and State and
local fiscal stabilization, for the fiscal year ending September
30, 2009, and for other purposes.
1 Be it enacted by the Senate and House of Representa2
tives of the United States of America in Congress assembled,
3 SECTION 1. SHORT TITLE.
4 This Act may be cited as the ‘‘American Recovery
5 and Reinvestment Act of 2009’’.

Page TWO

1 SEC. 2. TABLE OF CONTENTS.
2 The table of contents for this Act is as follows:
TITLE I—GENERAL PROVISIONS
TITLE II—AGRICULTURE, NUTRITION, AND RURAL DEVELOPMENT
TITLE III—COMMERCE, JUSTICE, AND SCIENCE
TITLE IV—DEFENSE
TITLE V—ENERGY AND WATER
TITLE VI—FINANCIAL SERVICES AND GENERAL GOVERNMENT
TITLE VII—HOMELAND SECURITY
TITLE VIII—INTERIOR AND ENVIRONMENT
TITLE IX—LABOR, HEALTH AND HUMAN SERVICES, AND EDUCATION
TITLE X—MILITARY CONSTRUCTION AND VETERANS AFFAIRS
TITLE XI—DEPARTMENT OF STATE
TITLE XII—TRANSPORTATION, AND HOUSING AND URBAN DEVELOPMENT
TITLE XIII—STATE FISCAL STABILIZATION FUND
3 SEC. 3. STATEMENT OF APPROPRIATIONS.
4 The following sums in this Act are appropriated, out
5 of any money in the Treasury not otherwise appropriated,
6 for the fiscal year ending September 30, 2009, and for
7 other purposes.
8 TITLE I—GENERAL PROVISIONS
9 Subtitle A—Use of Funds
10 SEC. 1101. PURPOSES AND PRINCIPLES.
11 (a) STATEMENT OF PURPOSES.—The purposes of
12 this Act include the following:
13 (1) To preserve and create jobs and promote
14 economic recovery.
15 (2) To assist those most impacted by the reces16
sion.
VerDate 0ct 09 2002 04:02 Jan 15, 2009 Jkt 000000 PO 00000 Frm 00002 Fmt 6652 Sfmt 6201 C:\TEMP\ECREC05.XML DAVD
January 15, 2009 (4:02 a.m.)
H:\FY 2009 ECON RECOVERY\ECREC05.XML
l:\VA\011509\A011509.004.xml
3
House Approps Cmtte
1 (3) To provide investments needed to increase
2 economic efficiency by spurring technological ad3
vances in science and health.
4 (4) To invest in transportation, environmental
5 protection, and other infrastructure that will provide
6 long-term economic benefits.
7 (5) To stabilize State and local government
8 budgets, in order to minimize and avoid reductions
9 in essential services and counterproductive state and
10 local tax increases. (end of page two)

More Reading: [By Joel Skousen, Editor - World Affairs Brief. 1-30-09. Obama's Stimulus Bill -The Fine Print Retrieved HERE]

Santa's List

Is the day after Christmas the day of Christmas Remorse... let's ask the financial district:
Retrieved [verbatim] by Pat Darnell

Although Ponzi served all comers, a majority of his customers shared his Italian roots. He never advertised and spoke to reporters only after he was a huge success, relying instead on his paisanos to spread news of his wizardry. As Ponzi walked through a crowd one day, a woman yelled: "You're the greatest Italian in history!" Ponzi demurred, saying he was only the third-greatest: "Christopher Columbus discovered America and Marconi discovered the wireless." But another fan answered: "You discovered the money!"

If the allegations against Madoff are true - he reportedly admitted that his $50 billion business was "basically, a giant Ponzi scheme" - he borrowed key ideas from Ponzi and tailored others to fit a different age.

Madoff and Ponzi: Reflections of their times [SOURCE]
By Mitchell Zuckoff | December 21, 2008
BEYOND a taste for expensive suits and fancy financial footwork, Bernard Madoff and Charles Ponzi might at first seem to have little in common.

Equally telling is the way both men allegedly exploited investors' motivations, using mirror-image strategies.

Ponzi maximized post-World War I populist resentments against Boston Brahmins, telling reporters: "The truth is, bankers and businessmen have been doing plenty for themselves under the present banking systems, but they have done little for anybody else." His investors cheered and rained money.

Madoff took a 21st-century approach, tapping into an anti-populist desire for exclusive access. His arrest unleashed stories of wealthy people who begged to invest and others who joined his country clubs to win his favor. The absence of volatility in his returns further convinced his select investors that they were in on something special.

Mitchell Zuckoff is a professor of journalism at Boston University and author of "Ponzi's Scheme: The True Story of a Financial Legend."
© Copyright 2008 Globe Newspaper Company.

PHOTO: Stephen Harper leader of the Conservative Party of Canada, was elected the twenty-second Prime Minister of Canada in January 2006. Can't get enough; here's more for you -- Scandalpedia... HERE