Saturday, October 4, 2008

September Explosion in Federal Reserve Bank Credit

Are you eager to pay 30% higher prices in order to subsidize Wall Street? During the past two months there has been much media hoopla about a supposed depression. Yet, the chief problems that the media describes are failures of poorly managed investment banks and insurance companies, not unemployment. Moreover, if there were high unemployment, which there isn't, the problem would be best handled by unemployment insurance and similar transfers to tide over the unemployed, not a trillion dollar subsidy to banks and Wall Street firms. This recent boondoggle is an example of the complete and utter failure of regulation in action. The public is unable to evalute fake claims by millionaire bankers, and the result is unveiled on Howard S. Katz's blog .

Howard observes the Federal Reserve Bank statistics. Ordinarily, Federal Reserve Bank Credits increase in the magnitude of .75% per month. In September, they increased 56%. That means that the money supply just increased better than 30%. Are you eager to pay 30% higher prices in order to subsidize Wall Street? And that's BEFORE the bailout has been approved.

Yes, we have been well advised by the mass media, haven't we?

Howard's chart follows:

Jim Crum, Patriot, E-mails Department of Justice, Requesting Investigation of Barack Obama

I just received a copy of this e-mail addressed to the Department of Justice from Mr. Jim Crum, patriot.

>Please consider this email a formal request to investigate the source of funding into Mr. Obama's campaign.

This has been a point of discussion by many ordinary citizens who have a vested interest in who is funding our politicians. Such a large sum of money, virtually unaccounted for, and unaudited, is a source of potential trouble for our republic. We have the right to know who is funding any candidate, and the candidates ought to have the obligation to be completely transparent in who giving them money. It is also illegal to accept money from foreign governments.

It now appears that several of your own staff members have expressed enough alarm to go outside of the normal channels. This story has legs, and you need to get in front of this before people begin to ask questions of your own competency.

Here's a guideline when it comes to ethics: if you even have to ask the question, then you are in a poor position. We have now arrived at that point.

Kindly do your jobs.

Jim Crum

Urgent Business Offer From Minister of the Treasury, Henry Paulson

You know those e-mails from supposed third-world treasury officers offering to deposit $26 million into your bank account if only you'd send them your bank account number. Doug Ross has just received one from Henry Paulson, Treasury Secretary of the United States (h/t Larwyn)! A true classic!

>SUBJECT: REQUEST FOR URGENT BUSINESS RELATIONSHIP

DEAR AMERICAN:

I NEED TO ASK YOU TO SUPPORT AN URGENT SECRET BUSINESS RELATIONSHIP WITH A TRANSFER OF FUNDS OF GREAT MAGNITUDE.

I AM MINISTRY OF THE TREASURY OF THE REPUBLIC OF AMERICA. MY COUNTRY HAS HAD CRISIS THAT HAS CAUSED THE NEED FOR LARGE TRANSFER OF FUNDS OF 800 BILLION DOLLARS US. IF YOU WOULD ASSIST ME IN THIS TRANSFER, IT WOULD BE MOST PROFITABLE TO YOU.

I AM WORKING WITH MR. CHRISTOPHER DODD, MILLIONAIRE SENATOR, WHO WILL BE MY REPLACEMENT AS MINISTRY OF THE TREASURY IN JANUARY. AS A SENATOR, YOU MAY KNOW HIM AS LEADER OF THE AMERICAN BANKING DEREGULATION MOVEMENT IN THE NINETIES. THIS TRANSACTION IS 100% SAFE.

THIS IS A MATTER OF GREAT URGENCY. WE NEED A BLANK CHECK. WE NEED THE FUNDS AS QUICKLY AS POSSIBLE. WE CANNOT DIRECTLY TRANSFER THESE FUNDS IN THE NAMES OF OUR CLOSE FRIENDS BECAUSE WE ARE CONSTANTLY UNDER SURVEILLANCE. MY FAMILY LAWYER ADVISED ME THAT I SHOULD LOOK FOR A RELIABLE AND TRUSTWORTHY PERSON WHO WILL ACT AS A NEXT OF KIN SO THE FUNDS CAN BE TRANSFERRED.

PLEASE REPLY WITH ALL OF YOUR BANK ACCOUNT, IRA AND COLLEGE FUND ACCOUNT NUMBERS AND THOSE OF YOUR CHILDREN AND GRANDCHILDREN TO WALLSTREETBAILOUT@TREASURY.GOV SO THAT WE MAY TRANSFER YOUR COMMISSION FOR THIS TRANSACTION. AFTER I RECEIVE THAT INFORMATION, I WILL RESPOND WITH DETAILED INFORMATION ABOUT SAFEGUARDS THAT WILL BE USED TO PROTECT THE FUNDS.

YOURS FAITHFULLY MINISTER OF TREASURY PAULSON

Nancy Razik Calls for Petition to Oust Barney Frank

Aloha,

Please send out a petition we can all sign to oust Barney Frank, and the other
offenders who put our country at risk.

These people will get away with murder unless the American people stop them.
Please help!!!

Maybe you can work out something with Bill O'Reilly and Glenn Beck. They
are ready as we all are to see some heads roll!!!

If you don't rally the American people to action, who will?

Thank you very much!

Nancy Razik