The Fed says that unemployment will remain high for years.Some Republican congressmen are trying to take away the goal of ensuring full employment from the Fed. See this and this.Conservatives argue that the relationship between inflation and unemploy…
Posts Tagged ‘alan grayson’
The Question Isn’t Whether the Fed Should Be Stripped of Its Mandate to Maximize Employment … The Question Is Whether the Fed Has Too Much Power
November 24th, 2010 |
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Congressman Grayson: “Breaking and Entering Does Not Become Legal Just Because a Big Bank Does It. The Rule of Law Must Apply Equally to Everyone”
October 6th, 2010 |
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Congressman Alan Grayson’s office sent me the following statement by the Congressman on the rampant foreclosure fraud, and the unlawful breaking and entering into people’s homes by the banks:First we see systemic fraud in the foreclosure process. Now …
Congressman Grayson to Florida Supreme Court: Stop Illegal Foreclosures
September 20th, 2010 |
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Florida congressman Alan Grayson sent the following letter to the Florida Supreme Court today: September 20, 2010 Chief Justice Charles T. CanadyFlorida Supreme Court500 South Duval StreetTallahassee, FL 32399-1900 Dear Chief Justice Canady, …
Congressman Grayson Now Backs Sanders Amendment
May 7th, 2010 |
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Congressman Grayson’s office sent me the following announcement:Rep. Alan Grayson Applauds Upcoming Partial Victory in Senate “There is deep bipartisan support for a full audit of the Federal Reserve, in both the House and the Senate. The Sanders …
It’s NOT Too Late To Call Your Senator And Demand a Thorough Fed Audit
May 7th, 2010 |
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Even though a deal was supposedly reached yesterday for a watered-down version of a Fed audit, a source on the Hill tells me:Do not be deceived that this Senate ‘deal’ is done, though. The amendment has not passed, and I have heard rumors that Gei…
The Fed Must Be Audited: The Fraudulent Practices of the Federal Reserve
May 4th, 2010 |
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In March 2004, when Alan Greenspan was Fed chairman, he suppressed the opinions of those Fed officials who knew that there was a housing bubble.Congressman Alan Grayson points out that – because the Fed unilaterally decided to hand out half a trillion …
“There is No Future in Actually Fixing a Problem … The Way to Permanent Electoral Success is to PRETEND to Fix the Problem”
April 20th, 2010 |
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Not only is Congress bought and paid for by the powers that be, but politicians have a built-in conflict of interest against actually solving problems. As a reader notes in the most cynical – but perhaps insightful – summary of U.S. politics I have see…
Congressman Grayson Demands Release of AIG Emails
March 19th, 2010 |
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Congressman Grayson sent the following letter to AIG’s trustee:
March 18, 2010 AIG Credit Facility Trust Trustee Peter A. Langerman Trustee Chester B. Feldberg Trustee Jill M. Considine Arnold & Porter LLP 399 Park Avenue
New York, N…
Bernanke: Pay No Attention to that Man Behind the Curtain
February 26th, 2010 |
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In July 2009, ten Congress members sent Fed Chairman Bernanke the following letter because they were worried that Goldman “is not changing its business model†but is instead “using its regulatory freedom to evade capital requirements and take out…
Unions and Consumer Groups Support Bill to Audit the Fed: Call Congress To Support The Effort
November 18th, 2009 |
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A number of unions and consumer groups have signed a letter endorsing Ron Paul and Alan Grayson’s call to audit the Federal Reserve.Here’s their letter:House Financial Services Committee2129 Rayburn House Office BuildingWashington, D.C. 20515November 1…
Congressmen Grayson, Clay and Miller Introduce CFPA Amendment to Help Reduce Looting
October 21st, 2009 |
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Congressmen Grayson, Clay and Miller are introducing an amendment to the Consumer Financial Protection Agency bill: Today we will offer the “Financial Autopsy†amendment. The Grayson/Clay/Miller amendment is essential to attacking the root problem …
THIS Is How a Congressman Does His Job
September 25th, 2009 |
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Watch Alan Grayson question the general counsel for the Federal Reserve:
Citi Takes Billions in Taxpayer Bailout Money, Then Focuses on Lending to Those Who Don’t Really Need Loans
September 24th, 2009 |
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The Wall Street Journal reports:Executives at the New York company plan to narrow the focus of Citigroup’s U.S. branch network to six major metropolitan areas, according to people familiar with the situation. Citigroup also will limit its overall consu…
Sheldon Filger: Bernanke to Congress: I Don’t Know to Whom We Gave Half a Trillion Dollars
July 23rd, 2009 |
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The Fed and its chairman have made many errors in judgment, not the least their overly-optimistic pronouncements when the first tremors from the sub-prime meltdown arose.
House Dems To Geithner: Stop Backroom Deals With Wall Street
July 20th, 2009 |
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Now that bailed-out banks are reporting record-breaking profits, the U.S. taxpayer, who bought into these institutions at bottom-barrel prices, could wind up on the winning end of a nice profit. That’s what happens, after all, when you buy low…