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Washington's Blog (633 Links)
Created by MyPropsMonkey 209 days ago in News. Views: 135. Link Views: 2,379
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New Torture Photo Showing Prisoner's Testicles Being Crushed
Posted by MyPropsMonkey 105 days ago (georgewashington2.blogspot.com).  Views: 155
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Warning! Extremely graphic and disturbing image. Not suitable for children or work! The website entitled Votestrike.ning.com has uploaded a number of photos purporting to be torture photos, including this photo (image number 58 in the [More...]
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The Government Has Broken the Social Contract with the American People
Posted by MyPropsMonkey 19 days ago (georgewashington2.blogspot.com).  Views: 13
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Kevin de Bruxelles succinctly summarizes the fact that the government has broken the social contract with the American people, and the ultimate meaning of that breach of contract: One only needs to consult Hobbes to see where the answer lies. In [More...]
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Million Baby Crawl
Posted by MyPropsMonkey 30 days ago (georgewashington2.blogspot.com).  Views: 15
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I was asked to post this and - because I've got kids myself - will do so as a public service announcement. For more information, click here. Print this post
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Congressmen Grayson and Paul Ask Senate Banking to Delay Confirmation of Bernanke Until Fed Releases Information on Secret Bailouts
Posted by MyPropsMonkey 44 days ago (georgewashington2.blogspot.com).  Views: 5
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Below is letter text, and attached is the letter that was faxed to every member of the Senate Banking Committee. 10/07/09 Chairman Chris Dodd U.S. Senate Committee on Banking, Housing, and Urban Affairs 534 Dirksen Senate Office Building Washington, [More...]
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Trying to Inflate Our Way Out of Debt Is Like a Monkey Trying To Outrun a Lion
Posted by MyPropsMonkey 84 days ago (georgewashington2.blogspot.com).  Views: 30
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Commonly-accepted wisdom says that we can inflate our way out of our debt crisis. Ben Bernanke and Paul Krugman apparently think we should force inflation on the economy. University of Oregon economics professor Tim Duy thinks the U.S. will ultimately [More...]
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Roubini: “When Governments Reach the Point Where They Are Borrowing to Pay the Interest on Their Borrowing They Are ... Running a Ponzi Scheme"
Posted by MyPropsMonkey 84 days ago (georgewashington2.blogspot.com).  Views: 27
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In a new essay in Forbes, Nouriel Roubini writes: Net public debt is going to double as a share of GDP between 2008 and 2014. Even using the very optimistic forecasts of the Congressional Budget Office, which anticipate growth of around 4% over the [More...]
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Economist: Claim that Economy Has Recovered “Is like Somebody Borrowing Money from Their Uncle and Then Celebrating That Their Income Has Gone Up”
Posted by MyPropsMonkey 99 days ago (georgewashington2.blogspot.com).  Views: 22
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John Hussman - PhD economist and former professor of economics and international finance at the University of Michigan - has a great quote: If you look carefully at the economic data that shows improvement, and correct for the impact of government [More...]
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Poll: Who Do You Trust More - Prostitutes or Elected Officials?
Posted by MyPropsMonkey 107 days ago (georgewashington2.blogspot.com).  Views: 6
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A survey shows that Chinese people trust prostitutes more than elected officials. I'm curious what Americans think, so I've posted a new poll (on the right under "Followers"). The poll asks: Who Do You Trust More - Prostitutes or [More...]
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Yes, We're STILL In a Depression
Posted by MyPropsMonkey 167 days ago (georgewashington2.blogspot.com).  Views: 11
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Given the soaring stock market, are we still in a serious slump? Yes: Thursday, economics professors Barry Eichengreen and Kevin H. O'Rourke determined that today's crisis is at least as bad as the Great Depression, world industrial production [More...]
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"If You Want Total Security, Go to Prison"
Posted by MyPropsMonkey 177 days ago (georgewashington2.blogspot.com).  Views: 11
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President and General Dwight Eisenhower said: If you want total security, go to prison. There you're fed, clothed, given medical care and so on. The only thing lacking... is freedom. Do we want our entire country to be turned into a giant prison? Or [More...]
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Worse Than the Great Depression?
Posted by MyPropsMonkey 197 days ago (georgewashington2.blogspot.com).  Views: 51
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The following experts think the economic crisis could be worse than the Great Depression: Former Fed Chairman Paul Volcker Nobel prize winning economist Joseph StiglitzEconomics scholar and former Federal Reserve Governor Frederic MishkinEconomics [More...]
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America Stands Up To Wall Street
Posted by MyPropsMonkey 7 hours 42 minutes ago (georgewashington2.blogspot.com).  Views: 1
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The American people are starting to stand up to Wall Street. Shareholder Revolt Some of Goldman Sach's biggest shareholders are demanding that execute compensation be reduced. As the Wall Street Journal notes: Their complaints in private [More...]
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Example of the Commercial Real Estate Crash: Silverdome Sells for $583K
Posted by MyPropsMonkey 10 hours 17 minutes ago (georgewashington2.blogspot.com).  Views: 1
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In an example of the collapsing real estate market, the Detroit Silverdome - which was almost sold last year for $20 million dollars - was just sold for $583K. Taxpayers paid $55.7 million to build the Silverdome in the 1975, the Pistons played there [More...]
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House Financial Services Committee APPROVES Bill to Audit the Fed (REJECTING Watt's Fake Alternate) and to Rein In Foreign Currency Swaps
Posted by MyPropsMonkey 1 day ago (georgewashington2.blogspot.com).  Views: 1
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Congressman Watt tried to de-rail the bill to audit the Federal Reserve (H.R. 1207) with a fake alternate bill. See this, this, this and this. Fortunately, the House Financial Services Committee approved H.R. 1207 by 43-26, and rejected Watt's [More...]
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Congressman DeFazio: "We May Have To Sacrifice Just Two More Jobs (Summers and Geithner) To Get Millions Back For Americans"
Posted by MyPropsMonkey 1 day ago (georgewashington2.blogspot.com).  Views: 0
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Congressman DeFazio said yesterday: We think it is time, maybe, that we turn our focus to Main Street ... Unfortunately, the President has an adviser from Wall Street, Larry Summers, and a Treasury Secretary from Wall Street, Timmy Geithner, who [More...]
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6 Members of Congress Cals for Complete Audit of Fed in Light of AIG Counterparty Fiasco
Posted by MyPropsMonkey 2 days ago (georgewashington2.blogspot.com).  Views: 1
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Emailed to me by a contact in Congress. November 18, 2009 The Honorable Barney Frank Chairman, House Financial Services Committee 2129 Rayburn House Office Building Washington, DC 20515 The Honorable Christopher Dodd Chairman, Senate [More...]
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Obama: More Debt Could Push U.S. Into Double-Dip Recession | Biden: "Socialism For The Rich And Capitalism For The Poor" | Holder: Prosecute Fraud
Posted by MyPropsMonkey 2 days ago (georgewashington2.blogspot.com).  Views: 3
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President Obama, Vice President Biden and Attorney General Holder have all made some very hard-hitting statements over the last two days. Obama told Fox news that the United States' climbing national debt could drag the country into a double-dip [More...]
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Unions and Consumer Groups Support Bill to Audit the Fed: Call Congress To Support The Effort
Posted by MyPropsMonkey 2 days ago (georgewashington2.blogspot.com).  Views: 2
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A number of unions and consumer groups have signed a letter endorsing Ron Paul and Alan Grayson's call to audit the Federal Reserve. Here's their letter: House Financial Services Committee 2129 Rayburn House Office Building Washington, D.C. [More...]
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January 9th: National Citizens Day
Posted by MyPropsMonkey 3 days ago (georgewashington2.blogspot.com).  Views: 1
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In response to an article I wrote, Carol says: We need is someone to set the agenda, to Name a Day for the country's disenfranchised to show up in Washington. And I believe we're all disenfranchised at the moment. Alright, unless somebody has a [More...]
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The Fed Talking About Reducing Leverage Is Like A Crack Cocaine Dealer Handing Out "Just Say No" Stickers
Posted by MyPropsMonkey 3 days ago (georgewashington2.blogspot.com).  Views: 2
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The New York Federal published a report in July entitled "The Shadow Banking System: Implications for Financial Regulation". One of the main conclusions of the report is that leverage undermines financial instability: Securitization was [More...]
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