T-Room

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October 22, 2011

Why Not Join Forces to Put an End to Big Government & Big Corporations/Banks?

by Helen Tansey ©

When surfing the web these last couple of days this post over at Washington’s Blog caught my attention “If the “Occupy” Movement and Tea Party Join Together, We Can End the Malignant Partnership Between Big Government and Big Corporations Which Is Destroying America”

The piece argues that the two movements – the Tea Party and #Occupy Wall Street – find common ground and come together to END Big Government, Too Big To Fail Banks, Corporate Ownership of Washington politico’s, the Fed and Crony Capitalism.

Well, I daresay, if the #OWS movement focused its resources on these key monetary issues ONLY then the likelihood of the REAL Tea Party grassroots movement joining the effort would be greater.

Why? Because all of the other noise emanating out of #Occupy Wall Street like healthcare for all, living wages or the environment only serves to distract folks attention away from the core of America’s challenges, which is how our monetary system is managed behind closed doors with little to no oversight by the monstrously “capped at the knee” federal regulatory system. [Read more…]

October 20, 2011

Former Financial Regulator William Black: Occupy Wall Street A Counter to White-Collar Fraud

Professor Black provides this observation about #OWS – “If you look [at the Occupy protests], not just nationwide, but worldwide, you will see some pretty consistent themes developing,” Black says. “Those themes include: we have to deal with the systemically dangerous institutions, the 20 biggest banks that the administration is saying are ticking time bombs, that as soon as one of them fails, we go back into a global crisis. We should fix that. There’s no reason to have institutions that large. That’s a theme. That accountability is a theme, that we should put these felons in prison… That we should get jobs now, and that we should deal with the foreclosure crisis. So those are four very common themes that you can see in virtually any of these protest sites… I think, over time, you won’t necessarily have some grand written agenda, but you’ll have, as I say, increasing consensus. And it’s a very broad consensus.”

June 23, 2011

PAUL: Time to end Federal Reserve secrecy

Central bankers don’t want us to know what happened during 2008 bailouts


June 22, 2011

By Rep. Ron Paul – The Washington Times

Among the facts that the Federal Reserve would rather you didn’t know is that at the height of the financial turmoil in 2008, when average Americans were just beginning to suffer, the institution was passing out sweetheart deals to protect the powerful and well-connected. Among the beneficiaries were foreign banks, Wall Street giants and even the company that then owned MSNBC.

Recently, my House subcommittee on domestic monetary policy held a hearing to examine information disclosed by the Federal Reserve about its bailout lending during the 2008 financial crisis – disclosure that was required by the Dodd-Frank Act and the Freedom of Information Act. [Read more…]