Archive | March, 2010

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Fed loses appeal; must disclose bailout details

Posted on 19 March 2010 by admin

The Federal Reserve will finally be required to disclose the names of banks that could have collapsed if they had not received emergency loans. The story from Ronald D. Orol of

WASHINGTON (MarketWatch) – The Federal Reserve will be required to identify the names of banks that could have collapsed if not for the central bank’s emergency lending, a federal appeals court said Friday. The U.S. Court of Appeals for the Second Circuit in New York ruled on Friday that the Fed needs to disclose documents in response to Freedom of Information Act requests by Bloomberg L.P. and other news organizations. “We are reviewing the decision and considering our options for reconsideration or appeal,” said Fed spokeswoman Barbara Hagenbaugh.


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Kucinich Forces Congress to Debate Afghanistan

Posted on 11 March 2010 by admin

Thursday, March 11, 2010 – Congress finally debates the war in Afghanistan. Dennis Kucinich (Ohio-D) forced the debate with a resolution, which did NOT pass – but DK was successful in compiling an accurate list of war hawks in the United States House of Representatives who voted “NAY” on his resolution to end the unconstitutional and illegal occupation of Afghanistan within 30 days.

On Thursday, Rep. Dennis Kucinich (D-Ohio) introduced H. Com Res. 248, a privileged resolution with 16 original cosponsors that will require the House of Representatives to debate whether to continue the war in Afghanistan. Debate on the resolution is expected early next week.

Original cosponsors of the Kucinich resolution include John Conyers, Jr. (D-Michigan); Ron Paul (R-Texas); José Serrano (D-New York); Bob Filner (D-California); Lynn Woolsey (D-California); Walter Jones, Jr. (R-North Carolina); Danny Davis (D-Illinois); Barbara Lee (D-California); Michael Capuano (D-Massachusetts); Raúl Grijalva (D-Arizona); Tammy Baldwin (D-Wisconsin); Timothy Johnson (R-Illinois); Yvette Clarke (D-New York); Eric Massa (D-New York), Alan Grayson (D-Florida) and Chellie Pingree (D-Maine).

The Pentagon doesn’t want Congress to debate Afghanistan. The Pentagon wants Congress to fork over $33 billion more to pay for the current military escalation, no questions asked, no restrictions imposed for a withdrawal timetable or an exit strategy.

Ideally, from the point of view of the Pentagon, Congress would fork over that money right away, before the coming Kandahar offensive that the $33 billion is supposed to pay for, because you can expect a lot of bad news out of Afghanistan in the form of deaths of American soldiers andAfghan civilians once the Kandahar offensive starts, and it would sure be awkward if all that bad news reached Washington while the $33 billion was hanging fire.

So it’s a great thing that Kucinich and his 16 allies are forcing Congress to debate the issue, and it would be even better if more Members of Congress would be urged by their constituents to support Kucinich’s resolution. That would be a signal to the House leadership that continuation of the open-ended war and occupation is controversial in the House, and the House leadership should not try to ram through $33 billion more for the war on a fast-track without ample opportunity for debate and amendment.

Every day the Afghanistan war continues is another day on which the United States government plays Russian roulette with the lives ofAmerican soldiers and Afghan civilians.

The British government has more urgency than the US government about ending the war – and is more supportive than the US of a political solution to end the conflict – because in Britain there is greater public outcry.

If there were greater public and Congressional outcry in the US, we could be more like Britain, and get our government on board the train to a political solution, instead of prolonging the war indefinitely.

The first step towards bringing our troops home is for members of Congress to hear from their constituents.

source: truthout

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EMERGENCY ALERT – Historic Bailout Trial 3/11/10

Posted on 11 March 2010 by admin

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Ron Paul gets 80% of GOP Primary

Posted on 04 March 2010 by admin

Texas Representative Ron Paul garnered more than 80% of his state’s GOP primary election votes yesterday and will be heading back to Washington, easily defeating three different challengers.

Opponents Tim Graney, John Gay and Gerald Wall accused the doctor of becoming too entrenched into the ways and means of Washington D.C. and argued that Paul has abandoned the duties of his position in order to promote his book, among other things.

Paul, who ran for president for the second time in the 2008 presidential elections, was a hero among many believers in small government and the anti-war movement during the campaign. Paul believes in a substantially smaller government, fiscally sound policies and the destruction of our federal reserve system and fiat currency.

Ron Paul has served Texas’ 14th district for 14 years.

source: Small Gov Times

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Congressman Paul Returns Over $100,000 to Treasury

Posted on 01 March 2010 by admin

Washington, D.C. – Congressman Ron Paul has continued to run his Congressional office in a frugal manner, and was able to return more than $100,000 from his allotted office budget to the Treasury this year, an increase over the $90,000 returned last year.

“Since my first year in Congress representing the 14th district I have managed my office in a frugal manner, instructing staff to provide the greatest possible service to the people of the 14th district at the least possible cost to taxpayers,” said Paul.

Source: Ron Paul

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