May 19, 2010
Ron Paul video: the coming hyper-inflation
Rep. Ron Paul says we have the Fed to thank for the coming hyperinflation.
And the US Congress refuses to audit the Fed, even once. With so many rats in the financial woodpile, it was no surprise they declined to open a window on the Federal Reserve Bank of the USA for Congress' own complicity would blow through.
You know, President Andrew Jackson was no fan of big banks way back when and, on an astrological note, I remind you that Jackson was elected under a Saturn/Uranus opposition just as was President Obama...1828 - 2008.
With Mr. Obama's golden 'Goldman Sachs cabinet' of helpers, it's difficult to see how he can successfully fight off the excessive influence of big banks to the people's satisfaction and protection. It will be interesting to see what Congress comes up with in the realm of financial reform assuming that their political posturings come to an end long enough to pass a bill that reins in the banking gentry who bankroll their political campaigns.
And there are those making the case that the US government's response to the Gulf oil spill favors the government's response to the 2008 Financial Crisis - that they're doing more harm than good.
Also, FireDogLake has some of the better coverage on the BP oil spill and you'll find there a petition to sign if you wish telling President Obama to back off from offshore drilling for now and pursue clean energy as he's always said he would do. If he ever meant it, he now has a very very good excuse with the majority of the country behind him.