VERMIN: Economic Terrorism Coordination and Implementation: Frances Piven and SEIU’s Steve Lerner, Working Together..

Rush Slams Bank Plot Author: ‘Pure 100% Anti-Capitalist‘ Who ’Despises America.’ Meanwhile, Media Ignores Story

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The Sound of Silence: Media Ignores Stephen Lerner’s Revolutionary Plan to Bring Down US Economy

Swiss Investor: ‘Foreigners Laugh’ as 'Dishonest' Obama ‘Prostitutes Himself.' 'I think he’s done a horrible job & I think that will continue'

A scathing assessment delivered Tuesday from outspoken investment analyst, entrepreneur and author of “The Gloom Boom & Doom Report” had people talking Wednesday after Marc Faber criticized President Barack Obama for being “intellectually dishonest.”

”I think he’s done a horrible job and I think that will continue,” Faber told Bloomberg. “I think he is a dishonest person, and nothing has changed… Some politicians are more honest than others. I don’t think that I have a very high regard for politicians, I have a high regard for businessmen and for people who work, and not for people who abuse the system continuously. And in comparison to other politicians, I think he came in on a platform as a president that would want to change the government in Washington, and actually he’s made it worse.”

Faber, who has correctly predicted a number of economic downturns in the past, went on to differentiate between Obama and his predecessor, former President George W. Bush. “We foreigners, we just laugh at someone like Mr. Obama. I was very critical of Mr. Bush, but at least he had one line and he stuck to that line, and at least he set out to do a thing and he was relatively straight on that thing that he did. He may have been wrong and I criticized him very frequently, but at least he didn’t change his mind continuously, and didn’t prostitute himself.”

When asked what he believes would be a better economic policy, Faber stated that the U.S. president needs to “tell the U.S. you have to tighten your belts.”

“We have to go through hard times for five years to repair the damage that was committed over 20-25 years by the Federal Reserve, by the Treasury, by the politicians, and somebody has to tell the truth,” he said. “But the politicians keep on fueling the illusion that you can spend yourself out of the misery, and that by printing money you will improve the economy, which is not the case.”

CHANGE? REALLY? Obama chooses veteran political manager with Wall Street ties as new Chief of Staff.

Another Chicago hack. 'Thanks idiots, this is real change isn't it?'

President Barack Obama is hiring William Daley to be his chief of staff, choosing a veteran political manager with Wall Street ties to direct an operation now steaming toward re-election mode.

Daley will step into one of the most important and influential jobs in American government as an adviser and gatekeeper to Obama. He will replace Pete Rouse, the interim chief of the last three months, a behind-the-scenes Obama adviser who did not want the position permanently and recommended Daley for it.

Rouse will remain as a counselor to the president, an elevated position from his former job as senior adviser.

Two senior administration officials confirmed Obama’s decision to The Associated Press on condition of anonymity because it has not been announced.

Obama is expected to introduce Daley on Thursday afternoon at the White House.

Although Daley carries the name of a dynastic family of politics in Chicago, which is Obama’s hometown, he and the president haven’t been personally close. He offers criteria Obama wants: an outsider’s perspective, credibility with the business community and experience in navigating divided government.

Daley also wants the job. At 62, the move will thrust him into the heart of national politics just as Obama adapts to a new reality in Washington, with Republicans controlling the House, working to gut his signature health care law and pushing for major cuts in spending.

10 Bailed-Out Banks Spent $16.3M Lobbying in First Half of 2010

'There's your change ya idiots..'

NEW YORK (AP) — The 10 banks that received the most bailout aid during the financial crisis spent over $16 million on lobbying efforts in the first half of 2010, as the debate over financial regulatory reform reached its height.

Disclosure reports show that the banks that got the most government help in late 2008 and early 2009 also invested the most to influence members of Congress, the White House, the Federal Reserve, Treasury Department and a long list of federal agencies as new rules were enacted governing Wall Street and the nation’s financial system.

“I’m not shocked that they spent that much money because I saw them every day,” said Ed Mierzwinski, consumer program director at U.S. Public Interest Research Group, who said more than 2,000 lobbyists worked on the financial reform bill.

The sweeping law signed by President Barack Obama in July topped 2,300 pages, and outlined broad rules for issues ranging from derivatives trading to the fees merchants are charged for processing credit and debit card transactions. It also covered the creation of a consumer financial protection bureau. Banks are continuing efforts to try to shape many of the new rules that are still being finalized. READ MORE...

NEW WORLD ORDER: Watchdog panel cites global impact of US bailout.

Democrat voters should've listened to Nassim...

The $700 billion U.S. bailout program launched in response to the global economic meltdown had a far greater impact overseas than other countries' financial rescue plans did on the U.S., according to a new report from a congressional watchdog.

Billions of dollars in U.S. rescue funds wound up in big banks in France, Germany and other nations. That was probably inevitable because of the structure of the Treasury Department's program, the Congressional Oversight Panel says in a new report issued Thursday.

The U.S. program aimed to stabilize the financial system by injecting money into as many banks as possible, including those with substantial operations overseas. Most other countries, by contrast, focused their efforts more narrowly on banks in their nations that usually lacked major U.S. operations.

But the report says that if the U.S. had gotten more data on which foreign banks would benefit the most, the government might have been able to ask those countries to share some of the cost.

"There were no data about where this money was going," panel chair Elizabeth Warren said in a conference call with reporters on Wednesday. "The American people have a right to know where the money went."

An example: Major French and German banks were among the biggest beneficiaries of the U.S. rescue of American International Group Inc., yet the American government shouldered the entire $70 billion risk of pumping capital into the crippled insurance titan. The report compares that with the $35 billion that France spent on its overall financial rescue program and the $133 billion that Germany spent.

Much of the $182 billion in federal aid to AIG - the biggest of the government rescues - went to meet the company's obligations to its Wall Street trading partners on credit default swaps, a form of insurance against default of securities. The partners included French banks Societe Generale, which received $11.9 billion in AIG money, and BNP Paribas, which got $4.9 billion, and Germany's Deutsche Bank, $11.8 billion READ MORE...

Video: Alexi’s Obama bailout. Obama supports yet another scumbag. What's this say about Obama?

HotAir- So let’s get this straight. Obama wanted to be clear that “bankers don’t need another vote in the United States Senate” — unless that vote gets cast by a banker who made loans to Mob figures, whose family took tens of millions out of the bank and then left taxpayers on the hook for its collapse? Is that clear enough for Illinois voters?

The rest of the ad is on target, but perhaps merely a series of evidentiary supports to highlight Obama’s hypocrisy. Oh, and using the Godfather font? Perfect.

BECK IS SWOLE! Watch: Beck Goes Off Over Financial Reform Bill. Why Does The Left Despise Beck So Much?

Beck has to be frustrated that most Americans are asleep at the wheel while these evil progressives with power further destroy the country. This 2000 page bill is a total fraud and was written by the most corrupt politicians in America.

So why does the left hate Glenn Beck so much? It might be because MOST progressive liberals have mental disorders. Some of them really love misery, some are just seriously brainwashed and others are just plain stupid.

Why else would liberals attack a man who goes on the air everyday to expose all of the Marxist, corrupt, lying vermin in D.C. who are robbing us blind? Beck provides plenty of facts and evidence to back it up and is only telling the truth. Who would hate someone who does that?

Liberals hate Glenn Beck because Beck is telling the American people what the media is intentionally NOT telling them. Liberals hate Glenn Beck because 'liberalism' has failed miserably in every category. Liberals hate Glenn Beck because he's smarter than they are he and doesn't have the academic pedigree that some elitist liberals have. That must hurt really bad....

Let's stop the BS and face it, liberals are idiots.

MILLIONS of Americans tune in and watch Glenn Beck because they have common sense and he's CREDIBLE.

Only thousands tune in to watch MSNBC because they're left-wing and they're NOT credible. They are pushing a radical leftist agenda and that has been easily proven.

Liberals 'think' they're smarter than you. If 8 million people watch FOX News and 1 million people watch MSNBC, to them that means that there's 8 million idiots. They're just too stupid to realize that they have it backwards....

Surrounded By The Scumbags Who Helped Cause The Economic Crisis, Arrogant Obama Signs Gov't Grab, New Massive Regulations -- AT REAGAN BUILDING!

Half of these scumbags made the judicial watch 'top ten most wanted corrupt politicians.' They are President Obama, Barney Frank, Chris Dodd, Tim Geithner and Maxine Waters. Nancy Pelosi and Charlie Rangel are also on the list, but not in this photo. This bill in another con job written by the #1 and #3 most corrupt politicians in America, under the leadership of the #8 most corrupt, signed by the #7 most corrupt and people are still dumb enough to wonder why we are in an economic crisis. Please stop voting democrat...PLEASE...

WASHINGTON – Reveling in victory, President Barack Obama on Wednesday signed into law the most sweeping overhaul of financial regulations since the Great Depression, a package that aims to protect consumers and ensure economic stability from Main Street to Wall Street.


The law, pushed through mainly by Democrats in Washington's deeply partisan environment, comes almost two years after the infamous near financial meltdown in 2008 in the United States that was felt around the globe. The legislation gives the government new powers to break up companies that threaten the economy, creates a new agency to guard consumers and puts more light on the financial markets that escaped the oversight of regulators. READ MORE...

Video: Fannie Mae, Countrywide’s mutual backscratching

Color me a little surprised that CBS covered this story this week — and credit it to Rep. Darrell Issa (R-CA), who has doggedly “followed the money” in this scandal for the last two years. While we knew about the Friends of Angelo program that counted Chris Dodd and others on Capitol Hill among its beneficiaries, the scale of the income involved for Fannie Mae execs and their reach within government is certainly worth a much closer look. With Barack Obama threatening to undermine the basis for these kinds of shenanigans in the future, will this coverage become a fashion trend now in the American media? We can only hope: READ MORE...

Who pays for the new financial regulation bill?

Barack Obama celebrated the passage of the new financial regulation bill yesterday. So did Chris Dodd and Barney Frank. And why not? It’s not as though they’ll have to pay for the new bureaucracies and regulation imposed on the American financial system. For that matter, it won’t be the bankers, either. Who pays? Three guesses, and the first two don’t count:

Big banks facing big drops in revenue are looking to Main Street to make up the difference.

Checking accounts, bank statements, even popping into your local bank branch could carry a hefty cost as the nation’s mega-banks scramble to offset expected damage from the sweeping financial overhaul. The uncertain future has overshadowed otherwise strong second-quarter earnings at JPMorgan Chase & Co., Citigroup Inc. and Bank of America Corp.

All three companies beat expectations this week with profitable results. Yet their stocks tumbled, helping send the wider market sharply lower Friday. READ MORE...

SOCIAL JUSTICE: Racial, Gender Quotas In The Financial Bill. More 'Ism' Against The White Male...

Liberal democrats: Oppressing white males in order to collect the female and minority vote. This bill has NOTHING to do with financial reform.

What one finds when reading congressional legislation is invariably surprising. Take the Dodd-Frank financial regulation bill, for instance, which was created by merging Senate and House bills. When the Senate returns from recess one of its first actions will be to vote on the bill, which passed the House on June 30.

I was searching the bill for a provision about derivatives. What did I find but Section 342, which declares that race and gender employment ratios, if not quotas, must be observed by private financial institutions that do business with the government. In a major power grab, the new law inserts race and gender quotas into America's financial industry.

In addition to this bill's well-publicized plans to establish over a dozen new financial regulatory offices, Section 342 sets up at least 20 Offices of Minority and Women Inclusion. This has had no coverage by the news media and has large implications.

The Treasury, the Federal Deposit Insurance Corporation, the Federal Housing Finance Agency, the 12 Federal Reserve regional banks, the Board of Governors of the Fed, the National Credit Union Administration, the Comptroller of the Currency, the Securities and Exchange Commission, the new Consumer Financial Protection Bureau...all would get their own Office of Minority and Women Inclusion. READ MORE...

POWER GRAB! U.S. Lawmakers Reach Accord on New Finance Rules. 2000 Page Bill: DODD: 'No one will know until this is actually in place how it works'

Looks like Chris Dodd just took care of Barney Frank in the boys room, or vice versa. These two disgusting corrupt democrats shouldn't be allowed to participate in writing any bills. Bernie Madoff should be released from prison if these two are allowed to remain free. They're ten times worse than Madodff and should be in jail for what they have done.

DODD: 'No one will know until this is actually in place how it works'...

Pay attention to the last sentence..(crisis)

"It's a great moment. I'm proud to have been here," said a teary-eyed Sen. Christopher J. Dodd (D-Conn.), who as chairman of the Senate Banking Committee led the effort in the Senate. "No one will know until this is actually in place how it works. But we believe we've done something that has been needed for a long time. It took a crisis to bring us to the point where we could actually get this job done."

NEARLY 2,000 PAGES: The legislation would redraw how money flows through economy...

Government would have broad new powers to seize...

GET READY TO PUNCH SOMETHING: Most corrupt Dodd, Frank and Schumer in charge of Wall Street overhaul! Why don't they just put Bernie Madoff in charge?

The three stooges: Three of the top 10 most corrupt politicians in America are in charge of financial overhaul. But don't worry, Chuck Schumer says you don't care...


Tension on swaps as Wall St reform conferees named..

In a sign a flashpoint on the panel will be how to police a $615-trillion swaps market dominated by Wall Street giants, Representative Barney Frank challenged a proposal from Senator Blanche Lincoln to curb swap trading by banks.

Frank, who will chair the House-Senate conference committee, said he disagreed with Lincoln's plan to force banks to spin off units that trade in swaps, a kind of derivative contract involved in the 2007-2009 capital market crisis.

In remarks that could dim the outlook for Lincoln's controversial proposal, Frank said there was no need to force banks out of the over-the-counter derivatives business, which includes credit default swaps and other types of contracts.

Firing back at Frank's remarks given at a conference early on Tuesday, Lincoln said in a statement provided to Reuters: READ MORE...

Sen. Gregg: Financial Reform Bill Is A ‘Disaster’ (Did Scott Brown Even Read The Bill?)

The financial regulatory bill is a “disaster,” and its proposed consumer protection agency would create a Fannie and Freddie “on steroids,” Sen. Judd Gregg, R-N.H. told CNBC on Monday.

“The bill is a disaster because it doesn’t address the fundamental underlining causes of the economic issue, which were real estate and underwriting,” he said. “This bill became, ‘I want to score the most points against Wall Street.’ Most of the initiative of this bill wasn’t directed at solving the problem, but it was directed at scoring political points.”

Gregg, who sits on the Senate banking, budget and appropriations committees proposed underwriting standards along with Sen. Bob Corker, R-Tenn., yet they were not included in the final bill, he said. READ MORE...

SEE VIDEO OF GREGG ON CNBC- CLICK HERE...

WAKE UP AMERICA! Gerald Celente: Finance reform, just a show.

Visit trendsresearch.com

Calente is the master predictor.

FLASHBACK! Fox Business: Gerald Celente Predicts Revolution.


Now we are at 18% unemployment, massive debt, bigger government, tea parties and union thugs protesting at private homes. His prediction is ahead of schedule...

See video below of Calente on Glenn Beck in 2009...


America better wake up quick...Beck and Calente have been warning Americans for years.

DUMB ASS WIMP: RINO 'Sissy' Scott Brown Bullied Into Voting For Democrats’ Massive Financial Regulation Bill

Oh really? What a coward..

Actually, four Republicans voted yes — Collins, Snowe, and Chuck Grassley were the others — but it was Scotty B who flipped today to make it happen.

The 59-39 vote represents an important achievement for President Barack Obama, and comes just two months after his health care overhaul became law. The bill must now be reconciled with a House version that passed in December. A key House negotiator predicted the legislation would reach Obama’s desk before the Fourth of July…
Democrats succeeded in breaking through the Republican block by winning Brown’s backing. The Massachusetts Republican, who had voted against ending debate on Wednesday, met with Reid Thursday morning to voice his concerns regarding the bill’s effect on Massachusetts banks such as State Street and insurance firms such as MassMutual. House Financial Services Committee chairman Barney Frank, also of Massachusetts, weighed in Thursday with letters to Reid offering his own guarantees that the final bill would resolve Brown’s concerns.

Shelby, who helped write parts of the bill before ultimately voting against it, called it a “massive new consumer bureaucracy” and a “liberal activists’ dream come true.” So why’d Scotty flip? Pressure: READ MORE...

Related- A Finance Overhaul Fight Draws a Swarm of Lobbyists

MARXIST DICTATOR OBAMA: "I Do Think At A Certain Point You've Made Enough Money" (Why Are These Idiots Applauding Him?)

Click here for the video.

Our message to Obama...

'We think YOU have made more than enough money for doing nothing but increasing the debt and killing jobs. You didn't even create or produce a product you bum!'

VIDEO Beck: Why Goldman Sachs Is Willing to Take the Heat. Plus Climate Change and Immigration...Must see episode..

See the rest of this episode- click here..

‘One S***** Deal’: Sen. Levin Uses ‘S-Word’ Eleven Times in Grilling of Ex-Goldman Exec

"How much of that s--tty deal did you sell to your clients?"

It's funny to watch the democrats, who caused the housing collapse with Fannie/Freddie/Community Reinvestment Act, which contributed to ruining the economy, talk tough against the same Goldman Sachs who have the democrats in their pockets..

How come the democrats are not grilling Franklin Raines and Barney Frank over Fannie/Freddie on CSPAN? Congressional Democrats successfully blocking regulation by Republicans of Freddie & Fannie the GSE responsible for pushing "affordable housing" to low income - no income individuals.


Thank you FOX News for being a true news network and covering real news. FOX actually does it's job, unlike ABC, NBC, CNN and CBS...


See the All-Star IDIOT cast starring members of the congressional black caucus of 'dummies' Maxine Waters, Gregory Meeks, Artur Davis and Lacy Clay, the gay prostitution ring leader congressman Barney Frank and the master dirtbag himself, who raked in 91 million dollars and a pension from Fannie/Freddie, Franklin Raines, Obama's homeboy.