The Paul-Grayson Amendment Passes

Stacy Summary: Grayson sums it up quite well. And, Mish, who is On the Edge today, has a nice summary here.

Share this page via FacebookShare this page via Twitter
Buy Gold Online

43 Responses to The Paul-Grayson Amendment Passes

  1. @Y’all
    Mornin’ Y’all.

  2. Have been following this chap for quite a while now, if this country (Ireland) had anyone half his calibre I’d have hope for, well just hope really.

  3. Mike2liverpool

    Morning Stacy
    Mike

  4. It’s a case of failure to sucessfully fail..

  5. I know this is old news,..
    super cities that will derive their status, wealth and prestige from new economy income streams such as biotechnology, stem-cell research, gaming, cybernetics, nanotechnology and even alternative work practices and business models.
    Bring it on!
    http://www.ukinvest.gov.uk/Feature/4048259/es-ES.html

  6. This Pelosi woman must be crazy, she proposes an international tax on financial institutions. How can she?

    http://www.reuters.com/article/wtUSInvestingNews/idUSTRE5AI3ZV20091119

  7. @Supergeek @Mike2liverpool – Morning!

  8. The GOLD charts are scrapy?
    Is this a indication of a fight / scrap?
    http://www.youtube.com/watch?v=IALJXP8LaS4

  9. Goede morgen allemaal!

  10. @Fibon

    I think those gold charts will get rather volatile: http://www.321gold.com/editorials/thomson_s/thomson_s_111709.html

    I love that tiger / monkey video; I’d like to see, however, the monkey attempt to play that way with mama or papa tiger

  11. Looks like we can expect some very lucid coverage from Mish on the progress of the Senate version of this bill.

  12. @The Man from Glad – nope, we had already recorded the show by the time this happened; but we are planning an in depth for next week

  13. @ Stacy
    This quote made me laugh, The gold bears have totally lost it! Where is that Quadrillion lol?

    —-”
    Hello? Earth to the furthest star in the universe, is anybody home? A thousand trillion dollars in OTC derivatives blown to smithereens against a backdrop of Ben Bernanke operating his nuclear-powered printing press on hyperdrive, and gold responds by punishing these debt loaded markets in price, and he says gold, not these items, is the bubble? The gold bears have totally lost it.—-”

    Its become a very interesting journey for me. What continuously surprises me is how few people are into it, I think that will change, but even that’s interesting, my world view has completely changed.

    Have you ever tried taking with a sheltered (normal) person who has not exposed them selves to this information, they think your a crack pot, I got to laugh.

    This golden economic story has got it all, you could not right a novel like it. Secret gold ships, tungsten bars, swindlers, corruption, gangsters, mysterious suicides, mass propaganda, fake gold, phoney climates, phoney wars and terror. On and on and on it goes. Its like staring into a ongoing but frightening dissection of the worst traits of the societies collective mind

  14. I’m amazed (and impressed) this got through the first hurdle!

    I think I might now have ‘bated breath’…!!

  15. Grayson a Hero?

    “Trolls With Counterfeit Characters Will Surface During The Federal Reserve Inquiry.”

    “Also, Alan Grayson voted for the stimulus package, and he also voted for the Cap and Trade bill. His vote for the Cap and Trade Bill secured a $50,000,000 hurricane research center for central florida so that we can learn more about hurricanes! Your tax dollars will be paying for this piece of unnecessary piece of pork. These votes are of course hypocritical since he didn’t read the bill, like everyone else who didn’t read the bill. He ran for Congress on a platform of ending corruption, but then he voted on corrupt bills. Don’t let his inquiries into the Federal Reserve fool you. He is a big government tax and spend politician. He votes to get government bigger like funding Americorp, the stimulus, and cap and trade (all fraught with corruption). While I admire his tenacity on auditing the Federal Reserve, I never heard him say that only Gold and Silver should be legal tender, as mandated in the Constitution. The Constitutional cowardice is plentiful in Congress, and Alan Grayson is part of it. ”

    http://www.campaignforliberty.com/blog.php?view=21962

    Grayson voted FOR Cap and Trade?

  16. So Grayson doesn’t say what mirand sharma of Celebration, FL wants him to say on all issues. So what? He’s the one who got elected.

  17. So, Grayson is pretending to work for Mirand Sharma of Celebration Florida and the Ron Paul movement when he really is ceding American sovereignty to the new international financial order: nwo. So Mirand is an AMERICAN, unlike most of the posters here who really aren’t invested in the idea of a sovereign nation called the USA. I don’t think that is a high school debate button that Grayson is displaying on his lapel. I think Grayson and Obama wear those flag icons on their lapels to fool people into thinking they are pro-sovereign America!

  18. This is pee pee wacking good news

  19. Justget Itright

    @frances

    so, all are suspect with hidden agendas, what does Grayson have to gain from his position on more transparency of the Fed?

  20. @ frank snoot …point taken on greyson…i must say I do feel the same but i also feel hes an excellent chess peice.

  21. @ just get it right….what does he have to gain….presidency at some point…maybe he wants a shot at hillarys muff …..the celebrity hes gain rather quickly I might add is priceless.

  22. @JustGotItRight:
    Humans tend to work on behalf of their own vested interests. But what bothers me are hypocrits. One should attempt to curtail that behaviour, but Grayson seems to like the attention: rather like a hippopotamus with a wide grin.

    http://z.about.com/d/healing/1/0/6/O/gtotem_hippopotamus.jpg

  23. @JustgotitRight:

    Do you think there are those behind the scenes with Plan B after the Fed audit and transparencies? I do: and I think Grayson talks to those very people.

    What is the Plan B for the Patriots? We all know how well the fight against the banker bailout went. The whole TARP bill is really unconstitutional seeing as it was originated in the Senate and confirmed by the House. But the currency cartel and their partners in crime do what they see fit.

    It’s a bipartisan movement now. The left has gone right and the right has gone left. The left is now hosting Homeland Security and supporting wars, and the right is looking to the IMF to save us from our own central bank: essentially hogtying that bank during a soon-to-be-deflationary depression.

    win/win for whom?

  24. Justget Itright

    @Frances

    I luv the hippo analogy, so fitting

    and also agree on deflationary depression.
    Thankx

  25. Justget Itright

    @dv

    the presidency of grayson thought is the first thing to come to mind, but I sure think he knows that there is no safe way out of that mouse trap

  26. they will try to either kill or incapacitate Grayson I imagine. AT the very least they will try to smear him and get him out of office. He is akin to a whistle-blower inside the chicken coup who is shouting aloud that the fox is managing all exits and entrances from the Coup.

  27. I don’t think Grayson is a stooge. He is just a smart man trained in economics who has some basic understanding of the bankster scheme. He is not a savior and he is not a radical. But he does honestly stand against bankster theft and the juggernaut of banking lobbies in Congress. By comparison most all congressmen are dolts who have no real idea how the financial system is rigged and what any bill before them regarding the Fed or Tarp actually means.

  28. Somebody with video skills (Or Max in one of his shows) should show Obama promising “Open and transparent government” during his run for president alongside the Audit the Fed fight, then ask “Where is Obama on this?”

    A true bit of “change” is this bill.

    Otherwise…

    Phttththththt!!!

  29. I want to make my first million running a security service for libertarian congressman. I’ll call it WhiteWater.

  30. @ frances,

    My point is the political futility of a Ron Paul supporter slating the co-sponsor of his Audit the Fed bill because he doesn’t espouse an completely right-wing manifesto.

    It illustrates the risks of getting involved with the American right, due to long-standing paranoid tendencies of their political base:

    The Paranoid Style in American Politics
    By Richard Hofstadter
    Harper’s Magazine, November 1964
    http://karws.gso.uri.edu/jfk/conspiracy_theory/the_paranoid_mentality/the_paranoid_style.html

  31. @HarryW:
    Honestly, I don’t think it’s paranoid to point out the inconsistencies in Rep.Grayson’s platform of voting.

    Here’s a take on his ideology:
    “As you can see, like Congressman Ron Paul, Congressman Grayson is one of the rare voices asking the most important questions on behalf of the US Taxpayers. Most importantly, Congressman Grayson understands the Fed’s secretive transfer of wealth from taxpayers to private interests as “The story of the millennium.””
    http://wallstcheatsheet.com/knowledge/interview-knowledge/exclusive-interview-congressman-alan-grayson-talks-fed-transparency-and-missing-money/?p=1878/

    What Mirand Sharma was pointing out was the inconsistent stance of one who promises to defend the taxpayers against the lobbyists and corporations and then votes for Cap and Trade. The Wall Street Cheat Sheet correlates Grayson with Ron Paul: this has been an agenda of the media. Mirand was only indicating, as a Paul supporter and ideologue, that Grayson was cavorting in clothing ill-suited to his activities.

    I understand that this is a regular occurrence amongst politicians, to promise one thing and do another, and so I did not mean to single Grayson out. Goodness, it wasn’t on account of the man’s intellect! I just wanted people reading the thread to taste an American’s perspective.

    Thank you for the link to the “paranoid” realm. Like the Twilight Zone? There are the paranoid on the left as well, of whom we should take note to play “Fair”:

    http://www.infowars.com/olbermann-huffington-suggest-teabaggers-should-be-censored/

    It seems rather idiotic of Arriana to paint Beck as a phobic slavering leader of the dangerous right whilst Olbermann breathes down her neck and eggs her on in a bid to marginalize those who differ politically from his own subjective stance.

    Personally, I think labeling people paranoid for believing in conspiracies after the government has just recently delivered 12 Trillion dollars to private interests from the public account is almost criminal. But I defend anyone’s right to say it.

    You, Harry W., were dabbling in ‘conspiracy theories’ on another thread this morning. I bless you with the right to think as you please and to speak with others in that freedom which is an unalienable right and not a privilege deigned by the weak-minded or the tyrannical.

  32. Was this the beginning of the worry about paranoid conspiracy believers?

    http://www.youtube.com/watch?v=6K5M0xtxQVQ

  33. @ frances,

    It is paranoid to imagine ‘Grayson talks to those very people [behind the scenes with Plan B after the Fed audit].’ without evidence to support it.

    But more importantly, it’s politically futile for Ron Paul supporters to attack his co-sponsor of the Audit The Fed Bill.

    If Grayson is so bad, then Ron Paul has compromised his position by legitimising a political enemy and allowing them to take up a leading role in sponsoring the bill, or else he’s made a tactical political alliance on a particular issue where they share compatible positions.

    Of course people and organisations conspire, the crimes on the statute book indicate that the state operates under that belief too.

    I don’t label people paranoid for believing in conspiracies, only for not providing any verifiable evidence of the conspiracies they choose to believe in.

    As Hofstadter argued, better should be expected:

    “A final characteristic of the paranoid style is related to the quality of its pedantry. One of the impressive things about paranoid literature is the contrast between its fantasied conclusions and the almost touching concern with factuality it invariably shows. It produces heroic strivings for evidence to prove that the unbelievable is the only thing that can be believed. Of course, there are highbrow, lowbrow, and middlebrow paranoids, as there are likely to be in any political tendency. But respectable paranoid literature not only starts from certain moral commitments that can indeed be justified but also carefully and all but obsessively accumulates :evidence.” The difference between this “evidence” and that commonly employed by others is that it seems less a means of entering into normal political controversy than a means of warding off the profane intrusion of the secular political world. …

    “… The higher paranoid scholarship is nothing if not coherent — in fact the paranoid mind is far more coherent than the real world. It is nothing if not scholarly in technique.

    Beck is a phobic slavering leader of the dangerous right (mostly dangerous to themselves :D ).

    Whether it’s a ‘limousine liberal’ or somebody else who points it out, doesn’t make any difference to the fact.

    I’m just saying that some among Ron Paul’s political base appear to be more interested applying their own political fundamentalism against ostensible allies than in furthering their stated political objectives.

  34. It is paranoid to imagine ‘Grayson talks to those very people [behind the scenes with Plan B after the Fed audit].’ without evidence to support it.

    @HarryW:

    It is naive to believe otherwise.

  35. @HarryW:
    Do you believe I support Ron Paul? I think he is the Judas.

  36. “I’m just saying that some among Ron Paul’s political base appear to be more interested applying their own political fundamentalism against ostensible allies than in furthering their stated political objectives.”

    Yes, the stance does seem fundamentalist, but understand that it is dear to the heart from our youth. Those that mock what we love to be true do so most often for filthy lucre.

    It is what defines the American spirit: the love of self and freedom. Perhaps many see this as outdated, but so long as the game is played to pretend to deign us sovereignty, then the game is played to pretend to play the game.

    In the end many will die rather than to leave this love.

  37. HA HA Audit the Reserve….

    Uh oh! I feel a song coming on. Apologies to the von Trapps.

    Oh how do you solve a problem like the Federal Reserve?
    How do you hold a moon beam in your hand?

    When I’m with them
    I’m confused
    Out of focus
    And bemused
    And I never know exactly where I am

    (one nun at a time)
    Unpredictable as weather

    The Fed’s as flighty as a feather

    The Fed’s a darling

    The Fed’s a demon

    The Fed’s a lamb

    The Fed’s can out pester any pest
    Drive a hornet from its nest

    The Fed’s can throw a twirling dervish out of whirl

    The Fed’s is gentle
    The Fed’s is wild

    The Fed’s a riddle
    The Fed’s a child

    The Fed’s a headache

    The Fed’s an angel

    The Fed’s corrupt !!!

  38. There is a reason Paul and Grayson are working together. They’ve both been provided with well documented evidence of what one of the real and true problems is.
    The derivatives that are off the books at the fed… well… it’s a big ole Trust Fund. It now sits at a single financial institution and they hold that evidence.

  39. and he speaks to a packed house. nothing worse than being on a soap box with no one in the audience. sigh. mr. grayson is a beacon in this fog called american democracy. too bad the ship has already floundered on the bank.

  40. I wonder how long it’ll take b4 Grayson is made to die or have accident. coz nobody who’s ever challenged Fed has survived for long so far.

  41. @ frances,

    I believe you quoted some phrase from some blog:
    http://educationandethics.blogspot.com/2009/07/trolls-with-counterfeit-characters-will.html

    Followed by a quote from a Ron Paul supporter:
    http://www.campaignforliberty.com/blog.php?view=21962

    If you think Ron Paul is the ‘Judas’, citing his supporters attacks on Grayson doesn’t make sense to me. As I said, it’s politically futile and counter-productive on the part of Paul supporters to attack the co-sponsor of the Audit the Fed Bill. It seems politically incoherent to cite their views uncritically if you don’t even share their political viewpoint.

    “Yes, the stance does seem fundamentalist, but understand that it is dear to the heart from our youth. Those that mock what we love to be true do so most often for filthy lucre.”

    That’s a pretty high wall of denial, prejudging what motivates criticism.

    “It is what defines the American spirit: the love of self and freedom. Perhaps many see this as outdated, but so long as the game is played to pretend to deign us sovereignty, then the game is played to pretend to play the game.

    In the end many will die rather than to leave this love.”

    Every nation tends to generate it’s own heroic nationalist mythology, in this case “the American spirit: the love of self and freedom”.

    Usually many die at the hands of those who insist everyone else plays their game and support whatever their beloved pretence — their fundamentalism — happens to be.

    You didn’t come up with any evidence to support your belief that ‘Grayson talks to those very people [behind the scenes with Plan B after the Fed audit].’

    You simply suggested it would be naive to think otherwise. Yet your view is unrelated to drawn from the world (verifiable evidence). It appears to be based solely on your own faith.

    I think it’s futile for Ron Paul supporters to attack a political ally. It illustrates the risks of getting involved with the American right, due to long-standing paranoid tendencies of their political base. That’s because they’re more interested applying their own political fundamentalism against ostensible allies than in furthering their stated political objectives.

    You can see a similar process of Ron Paul supporters denouncing Grayson (as a Marxist, ‘not an ally, … an idiot’) in the comments on Mish’s piece about the Audit the Fed Bill:
    http://globaleconomicanalysis.blogspot.com/2009/11/ron-paul-alan-grayson-audit-fed-bill.html

    At least one comment makes a similar point to the one I’m making:

    BenFranklinWasRight says:2 days ago, 23:48:50
    “Everyone’s biases and agendas are showing over the Paul-Grayson alliance. Okay. But the important thing is it pushes the exposure of the FED and thus the possibility of monetary reform. Making statements like “Grayson is an enemy of freedom” or he’s a “socialist” are irrelevant to the issue at hand…..and are all a matter of opinion that does nothing except perhaps expose their authors’ absolutist mental tendencies.”