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items tagged with federal reserve

Put Down the Remote, Pick Up the Mouse
Written By: Todd McGreevy
Section: Commentary/Politics

Category: Editorials

2009-04-29 11:50:00

When it comes to the latest hot topics of the day, one will not learn anything new by watching the talking heads on cable news or the networks. Fortunately, technology has come a long way, and all one has to do is browse the Web for perspectives and information that will most certainly raise the bar on the water-cooler dialogue at the office.

To that end, you will find ready-to-go video clips about the following stories that you won't find anywhere else:

April 15 Tea Parties

The Quad Cities hosted two Tea Party protests on the infamous Income Tax Day. More than 500 people attended the Davenport protest, and more than 300 people assembled that afternoon in Moline. The Reader was at both events and has posted a nine-minute video segment that includes interviews with seven people, including an 11-year-old.

The mainstream media picked up on the Tea Parties as a simple way to continue polarizing the masses along strict left/right and us/them party lines. No single outlet could help itself. As a guest on Keith Olbermann's show on MSNBC, Janeane Garofalo described the protest attendees as the "Klan demographic" and "tea-bagging racists who hate having a black man in office." To which Olbermann rhetorically asked, "What happens if at one of these things somebody hurts somebody?" And Fox Noise talk-show host Sean Hannity picked up the banner of the downtrodden tax payer and promoted the Tea Parties as if he had some solidarity with any disenfranchised citizens other than staunch neo-conservatives just like him. It was appalling. The really sad part is that many Americans fell for the "party baiting" hook, line, and sinker, and the only loser in that game was the level of discourse in America.

The bias in the media was no more apparent than when the reporter from CNN accosted a man holding a sign and his two-year-old child. The man's sign was about how his two-year-old was already in debt, and the reporter berated him, demanding whether he knew he was entitled to a check for $400 under the new regime. She wouldn't let him answer her questions, and things got worse from there when she finally claimed, "It is clear this crowd is anti-CNN and anti-government." The clip went viral for a short period, then CNN forced YouTube to take it off the air over copyright issues. Fortunately, FoundingBloggers.com was on-site in Chicago and filmed the dialogue that happened after the CNN cameras were off, and a suburban small-business owner takes the reporter to task, pointing out that CNN failed to show signs such as "Republican's Suck Too. End the Fed."

The reporter keeps trying to pigeonhole the woman as part of a group, and finally the woman explains that both the Democrats and Republicans are to blame for all our ills and that they "all need to go." Too bad that didn't make it to CNN's broadcast. You can watch the clip that CNN had YouTube pull and the off-camera fun below here.

In Minnesota, the blogger "The Grace Kelly" posted this account on the decidedly liberal Daily Kos Web site: "At a protest, normally, one sees the very hardcore support. However, what I saw was widespread disillusionment. In the video, notice how people are blaming politicians on both sides. Note that even though we now have President Obama, there is still acknowledgment that the problems started in the President Bush administration. So unlike other reports, talking to people at the Minnesota tax tea party gave me hope that these people value 'fiscal responsibility' and are actually open to persuasion." You can watch her insightful interviews about fair tax and the Federal Reserve at our Web site.

The SHA (Swine Human Avian) Flu Virus

The front page of the Wall Street Journal on Monday read, "The federal government is releasing 12.5 million courses of its emergency stockpile of potentially effective antiviral drugs to states that need them." Since when does anyone "need" something that is "potentially effective," especially when the risks of the drugs may be higher than the virus? To the WSJ's credit, they refrained from referring to this latest scare as "swine flu," but they did give us unique insight into what the future may hold for you at your airport. Pictured was "Scanning for feverish passengers at an airport in South Korea," showing bio-scans of passengers by their body-heat index. One can imagine the abuse and fear such a vetting process could engender. But don't take my word for it; listen to Dr. Ron Paul, an 11-term congressman from Texas and an MD. He and a Georgia congressmen, Larry McDonald (also an MD), were the only two "no" votes back in 1976 when the government ramped up a similar "swine flu" pandemic scare and mass-vaccinated thousands of people, including military, by force, resulting in 25 deaths and hundreds becoming sick ... from the cure no less. You can watch Paul question why Homeland Security is getting involved in medicine at our Web site.

As always, your feedback about what you read in these pages and online is encouraged. Write us at This e-mail address is being protected from spambots. You need JavaScript enabled to view it .



April 15 Tea Party Coverage
Written By: Todd McGreevy
Section: News/Features

Category: Local News

2009-04-20 03:32:21

Put Down the Remote, Pick Up the Mouse Videos from April 29 Commentary
http://www.rcreader.com/commentary/put-down-the-remote/

Over 500 people gathered from Noon to 2pm in downtown Davenport, IA as part of the nationwide
protests against excessive government spending and what many perceive as threats to citizens'
rights as guaranteed by the US Constitution. This video includes seven interviews with protest attendees
including an 11 year old whose sign read, "Even an 11 year old knows Obama is wrong." When asked
what Obama was wrong about, the young person replied that taking money from those that work
and giving it to those that do not work.

One protester carrying a sign that read "Democrats are spending our grandchildren's future."
He is asked what he would say to critics that point out the Republicans spend just as wildly when
they were the majority. One protester claims that Obama is a puppet of the Bildeberg Group,
Trilateral Commission and Council on Foreign Relations, and that Americans who
voted for him have been "bamboozled."

 

 

Put Down the Remote, Pick Up the Mouse Videos from April 29 Commentary
http://www.rcreader.com/commentary/put-down-the-remote/

 



Neither Federal Nor Reserve
Written By: Todd McGreevy
Section: Commentary/Politics

Category: Editorials

2009-02-04 08:03:34

The Federal ReserveFebruary 4, 2009's  cover story - The Future of Money?: With the Economy a Wreck, Alternative Currencies Could Gain Traction - explores local and national currency systems that have emerged as alternatives to Federal Reserve Notes - commonly known as U.S. dollar bills. It is my firm belief that the Federal Reserve system - with its fractional reserve lending, lack of accountability to the people (via Congress) and the market (via price fixing of interest rates) - is going lead to the total devaluation our currency and the destruction of our nation's economy. What will fill that vacuum, without these alternative currencies, is subject for another column.


[June 5, 2009: Since this was published the Federal Reserve Transparency Act of 2009 has been introduced by Congressman Ron Paul and co-sponsored by over 180 House members from both sides of the duopoly, Republicans and Democrats. Even if the bill passes the house it faces a royal battle from the Senate, who is even more so in the pockets of the banksters on Wall Street,with such senate luminaries in finance as Chris Dodd and Chuck Grassely.]


Read More About Neither Federal Nor Reserve...


The Future of Money?: With the Economy a Wreck, Alternative Currencies Could Gain Traction
Written By: Jeff Ignatius
Section: News/Features

Category: Feature Stories

2009-02-04 07:59:44

Reader issue #719

In the Chambersburg, Pennsylvania, area, you can walk around with coins in your pocket that can be exchanged for goods and services at more than five dozen merchants. They say "Liberty" and "Trust in God" on the front, and on the back they claim a value of $20 or $50. They're made of silver, and they are neither produced nor endorsed by the federal government.

In Fairfield, Iowa, those same coins are accepted at more than 15 merchants, from Mexican restaurants to Radio Shack.

They're called Liberty Dollars, and they're part of a movement called "community currencies," or "alternative" or "competing" and "complementary" currencies. And with the economy seemingly getting worse each day, you're likely to hear a lot more about them.

 


Read More About The Future Of Money?: With The Economy A Wreck, Alternative Currencies Could Gain Traction...


111th Congress Should Be Complete Overhaul
Written By: Vince Barrett
Section: Commentary/Politics

Category: Editorials

2008-10-22 08:29:34

The crushing lack of leadership, underscored by the absence of even a rudimentary understanding of the factors that contributed to the current economic crisis, begins to unfold in the wake of a demoralizing vote by the U.S. legislature for a $700-billion bailout. The House of Representatives originally voted it down, obviously holding out for earmarks from the Senate. Incredibly, the Senate obliged, attaching an additional $125 billion worth of such bribes to ensure the House majority vote in favor of bailing out Wall Street, and indefinitely indenturing future generations with impossible debt.


Read More About 111th Congress Should Be Complete Overhaul...





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