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The Kick Them All Out Project

Video: Max Keiser on US Unemployment Numbers



Max discusses the financial headlines with France24. US unemployment numbers better than expected, markets rally. Max offers his opinion on how Treasury bonds are sold.


The Public Option In Banking - How We Can Beat Wall Street At It's Own Game



By Ellen Brown
WebOfDebt.com


President Obama has repeated his call for a public option in health care, in order to create some competition for the insurance companies and keep them honest. We the people need to call for a public option in banking, in order to create some competition for the private banks and keep them honest.

In Wall Street’s latest affront to the public trust, the nine mega-banks graced with $125 billion in taxpayer bailout money under the Troubled Asset Relief Program (TARP) were reported last week to be paying out billions of dollars in bonuses to their executives. At least 4,793 bankers and traders received more than $1 million each in bonus payments, although it was one of Wall Street’s worst years on record. After months of investigating banker compensation, New York Attorney General Andrew Cuomo said on July 30, “The repeated explanation from bank executives that bonuses are tied to performance in a manner designed to promote (national economic) growth does not appear to be accurate."

After $182 Billion Taxpayer Rescue, AIG On The Verge Of Collapse!



By Peter Cohan
DailyFinance.com

You may remember American International Group (AIG). The U.S. government gave it $182 billion of taxpayer money last fall in exchange for a 78 percent stake. Of that money, $165 million went for bonuses to a handful of people in its Financial Products Group (FPG), which sold Credit Default Swaps (CDSs) on which AIG lacked the capital to make good. And $200 million more is slated for those good folks in 2009.

Another $12.9 billion of our taxpayer money went to Goldman Sachs Group (GS) so AIG could pay Goldman 100 cents on the dollar for its CDSs. Hank Paulson wanted to keep the names of Goldman and the other recipients secret -- since so many of them were foreign banks, but the information leaked out in March 2009 after Paulson left office.

Video: The Federal Reserve Is Paying Banks NOT TO LEND.



Remember the whole idea of the initial bailout was to free up lending and credit? Well, have you noticed nothing these criminals tell us is true? Not only did they not use OUR money to free up lending and credit, the banks are drying up consumer credit at breakneck speed. AND the Fed is paying banks to make sure OUR MONEY doesn't benefit us in the slightest.

Why the hell are we giving OUR money to the G.D. Banks so they can LEND it back to us and charge us interest anyway?  It's NUTS.   Big favor.  Take money from us that ends up being created by the Fed and lent back to the government PLUS INTEREST so the government can hand it back to the banks so they can lend it back to us PLUS INTEREST!?   We're paying interest on the money the fed creates plus more if we're lucky enough to get the banks to lend it back to us?

Paulson Threatened Great Depression, Food Riots To Get Bailout Bill Passed





By Paul Joseph Watson
Prison Planet.com

More information has come to light regarding former Treasury Secretary Henry Paulson’s threats to Congress last fall that martial law would ensue unless they passed the bailout bill.

During Paulson’s first appearance on Capitol Hill since he left office yesterday, the former CEO of Goldman Sachs said he told Congress privately that if they rejected the bailout bill another great depression would ensue, that there would be a breakdown in law and order as well as food riots and civil unrest, adding that he couldn’t reveal such things publicly for fear that the situation would “terrify the American people and lead to an even bigger problem”.

The threat of martial law was subsequently proven to be made on a fraudulent pretext because Paulson’s justification – that the money was needed to buy up toxic debt – was abandoned almost immediately and the money was directly injected into banks – and even forced upon financial institutions who tried to reject TARP funds.

Video: Max Keiser Tells It Like It Is! Goldman Sachs Are Financial Terrorists!



Max Keiser goes on the offensive during an appearance on France 24 as he slams Goldman Sachs as “scum” and “financial terrorists” who should be thrown in jail. Keiser’s adversary meanwhile argues that the same criminals should be handed more power to create a system of “global governance” and a new international reserve currency.


Audit The Fed . . . Then End It!



By Dr. Ron Paul
Congressional Web Site

I have been very pleased with the progress of my legislation, HR 1207, which calls for a complete audit of the Federal Reserve and removes many significant barriers towards transparency of our monetary system. This bill now has nearly 250 cosponsors, with support from both Republicans and Democrats. Senator Bernie Sanders has introduced a companion bill in the Senate S 604, which will hopefully begin to gain momentum as well. I am very encouraged to see so many of my colleagues in Congress stand with me for greater transparency in government.

Some have begun to push back against this bill, and I am very happy to address their concerns.

The main argument seems to be that Congressional oversight over the Fed is government interference in the free market. This argument shows a misunderstanding of what a free market really is. Fundamentally, you cannot defend the Federal Reserve and the free market at the same time. The Fed negates the very foundation of a free market by artificially manipulating the price and supply of money – the lifeblood of the economy. In a free market, interest rates, like the price of any other consumer good, are decentralized and set by the market. The only legitimate, Constitutional role of government in monetary policy is to protect the integrity of the monetary unit and defend against counterfeiters.

The Empire Strikes Back - Kohn Warns Congress on Meddling in Fed's Affairs



By Mike "Mish" Shedlock
Mish's Global Economic Trend Analysis

Our hero, Ron "Skywalker" Paul, has managed to gather sufficient support to overthrow the Evil Empire widely known as the Fed.

In a brazen attempt to beat back our hero, the Empire has taken its case directly to Congress, seeking more power to rape and pillage the populace under cloak of secrecy.

Ron Paul On The Fed Audit: We Will Not Be Stopped



By Paul Joseph Watson
PrisonPlanet.com

Congressman Ron Paul has vowed that he will not be stopped in his effort to audit the Federal Reserve, as he slammed Senate authorities for blocking the bill earlier this week.

Appearing on Fox News’ Freedom Watch with Judge Napolitano Paul referred to Senate authorities blocking Jim DeMint’s attempt to attach the legislation, which already has 250 co-sponsors in the House, as a provision to a spending bill as a “facade”.

The amendment was blocked by Senate authorities on Monday after they claimed that it violated rules for provisions attached to spending bills.

Bankster “Holiday” Planned for September?



By Kurt Nimmo
PrisonPlanet.com

Bob Chapman’s influential International Forecaster is reporting on the possibility of a so-called “bank holiday” planned for late August or early September. According to Chapman’s sources, U.S. embassies around the world are selling dollars and stockpiling money from respective countries where they operate.
             
“Some US embassies worldwide are being advised to purchase massive amounts of local currencies,” writes Harry Schultz, “enough to last them a year.” Schultz publishes the Harry Schultz Letter, an international investment, financial, economic, and geopolitical newsletter named as “Newsletter of the Year” by Peter Brimelow of Market Watch in 2005 and 2008.

Schultz believes the global elite are in the process of engineering an FDR-style “bank holiday” of undetermined length in order to “sort-out the bank mess” and impose new bank rules.

On March 5, 1933, in the depths of the banker engineered “Great Depression,” newly elected Franklin Roosevelt declared a “bank holiday” that forced banks closed for four days. Roosevelt then rammed the Emergency Banking Act through the legislature. Passed by Congress on March 9, the act granted FDR near dictatorial control over the dealings of banks. It also allowed the Secretary of the Treasury the power to compel every person and business in the country to relinquish their gold and accept paper currency in exchange.
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