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Documents are largely from what is referenced by interesting films, Prison Planet/Infowars and the Corbett Report. This database is a quick reference and for your analysis, more independent from others' interpretations. The database includes almost all source documents and articles from these films: Loose Change (Final Cut & 2nd Edition), Fabled Enemies, The Obama Deception, End Game, Martial Law 9/11, American Dictators, Matrix of Evil, Zeitgeist: Addendum, Who Killed The Electric Car?, The World According To Monsanto, Mind The Gap, and 7/7 Ripple Effect.
Secret Fed Loans Gave Banks $13 Billion Banks worldwide earned an estimated $13 billion by taking advantage of below-market rates on emergency U.S. Federal Reserve loans from August 2007 through April 2010. Roll over the bars below to explore details for each. To compare results with banks' net income or losses for the same timeframes, click the corresponding button. Worldwide total is the sum for 190 firms with available data; those banks lost a combined $21.6 billion.
The Federal Reserve and the big banks fought for more than two years to keep details of the largest bailout in U.S. history a secret. Now, the rest of the world can see what it was missing.
The Fed didn’t tell anyone which banks were in trouble so deep they required a combined $1.2 trillion on Dec. 5, 2008, their single neediest day. Bankers didn’t mention that they took tens of billions of dollars in emergency loans at the same time they were assuring investors their firms were healthy. And no one calculated until now that banks reaped an estimated $13 billion of income by taking advantage of the Fed’s below-market rates, Bloomberg Markets magazine reports in its January issue. (Bloomberg)
Ending Federal Marijuana Prohibition Act of 2011 On June 23, 2011, U.S. Representatives Barney Frank (D-MA), Ron Paul (R-TX), Steve Cohen (D-TN), John Conyers (D-MICH.), Barbara Lee (D-CA) and Jared Polis (D-CO) introduced H.R. 2306, a bill to end the federal prohibition on the possession, cultivation, distribution, importation and exportation of marijuana.
This is a remarkable bill for several reasons. First, the bill would truly and completely decriminalize marijuana under federal law. Unlike state laws that reduce the penalty for possession of marijuana from a criminal offense to a summary offense or violation like a traffic offense, there would be no federal violation for possessing or growing marijuana. For example, it is not a federal offense to drive too fast on a federally-funded highway -- it is only a violation of state law. Under this bill, it becomes solely a matter of state law whether one can possess or grow or sell marijuana.
Second, by removing marijuana from the Controlled Substances Act, one of the major impediments to state medical marijuana laws would be removed! If enacted, there could no longer be any argument that the state medical marijuana law is in "conflict" with federal law. The bill does not address any issues of regulation of marijuana as a "drug" under the Federal Food, Drug, Cosmetic and Device Act. (Sterling on Justice & Drugs)
Dodd–Frank Wall Street Reform and Consumer Protection Act "An Act to promote the financial stability of the United States by improving accountability and transparency in the financial system, to end "too big to fail", to protect the American taxpayer by ending bailouts, to protect consumers from abusive financial services practices, and for other purposes." (Wikipedia)
Financial Industry Invests Heavily in Key Lawmakers
(Originally published Nov. 16, 2009; Updated with third quarter Senate data Dec. 28, 2009)
As Congress considers legislation to reregulate the financial services industry in response to the greatest economic downturn since the Great Depression, the industry is focusing campaign contributions on the congressional leadership and members of the committees crafting reform legislation.
Between November 2008 (when the current election cycle began) and Sept. 30, 2009, the financial industry – including banks, investment firms, insurance companies and real estate companies – has given $48.3 million in campaign contributions to members of Congress and their leadership political action committees, according to data provided by the Center for Responsive Politics (www.opensecrets.org).
Between November 2008...and Sept. 30, 2009, the financial industry...has given $48.3 million in campaign contributions to members of Congress and their leadership political action committees...
...The 94 members of the two finance committees have received $16.9 million overall. The top 10 committee recipients include the Democratic chairmen: Sen. Chris Dodd (Conn.) and Rep. Barney Frank (Mass.); and the ranking Republicans on the committees: Sen. Richard Shelby (Ala.) and Rep. Spencer Bachus (Ala.). (Public Citizen)
Obama’s Embrace of a Bush Tactic Riles Congress President Obama has issued signing statements claiming the authority to bypass dozens of provisions of bills enacted into law since he took office, provoking mounting criticism by lawmakers from both parties (New York Times)
Derivatives Regulation Fight Lurks in US Climate Bill He added to the bill a measure that would regulate over-the-counter derivatives, accepting a stipulation sought by other Democrats that those rules would be repealed if Congress adopts broader market regulations (Bloomberg)
House approves war bill with IMF funds Down to the wire Tuesday, Obama and his top aides had to intercede to hold Democrats together in the face of anti-war liberal blogs and conservative attacks on new financing for the International Monetary Fund (Politico)
Details Set for Remake of Financial Regulations At the center of the plan, which administration officials are referring to as a "white paper," is a move to remake powers of the Federal Reserve to oversee the biggest financial players, give the government the power to unwind and break up systemically important companies -- much like the Federal Deposit Insurance Corp. does with failed banks -- and create a new regulator for consumer-oriented financial products (Wall Street Journal)
Stimulus spending spawns requests Dozens of members of Congress from both parties have called, written or e-mailed agencies urging them to fund projects in their districts or states (USA Today)
Fed Defies Transparency Aim in Refusal to Disclose Fed lends far more than that in separate rescue programs that didn't require approval by Congress, Americans have no idea where their money is going or what securities the banks are pledging in return (Bloomberg)
Democrats Mull $300 Billion Stimulus House Speaker Nancy Pelosi is mulling recommendations from several economists that Congress act on an economic-recovery package that would cost taxpayers $300 billion, according to congressional aides, equivalent to about 2% of the country's gross domestic product (Wall Street Journal)
Pelosi and Illinois Representative Rahm Emanuel, the Democratic Caucus chairman, were among leaders patrolling the House floor for support. (Bloomberg)
cite fear of meltdown. But senators from both sides voice more questions than support.
Sen. Sherrod Brown, a liberal Democrat from Ohio, said calls from his constituents about the plan have been universally negative. He told the story of one constituent who drove to Washington.
"He quite rightly asked why we were rushing to bailout companies whose leaders got rich gambling with other people's money," Brown said.
Brown asked if Wall Street owed the rest of America an apology. Paulson, who served as CEO of Wall Street firm Goldman Sachs for seven years before becoming Treasury Secretary in 2006, pointed at both Wall Street and others for the nation's current crisis.
"There is a lot of blame to go around," Paulson said. "A lot of blame [belongs] with big financial institutions that engaged in this irresponsible lending."
But Paulson also said some blame rests with regulators, rating agencies and others
"people who made loans they shouldn't have made, people who took out loans they shouldn't have taken out." (CNN)
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