HARRY REID IN 1995 ABOUT AUDITING THE FED, SOUNDING LIKE RON PAUL

 the House voted 327-8 to pass Ron Paul’s “Audit the Fed” bill. But the legislation is dead on arrival in the Senate, thanks to Senate Majority Leader Harry Reid who has vowed not to allow the Senate to vote on it. But it wasn’t always this way with Reid.

Reid championed the legislation, according to watchdog govtrack.us.

In the video of the 1995 speech, Business Insider writes, Reid sounds a lot like Paul:

“I have sponsored legislation every year that would call for an audit of the Federal Reserve system. I offer that amendment every year, every year it gets nowhere,” Reid says. “I think it would be interesting to know about the Federal Reserve. I think we should audit the Federal Reserve — it‘s taxpayer’s money that’s being used there. But we don’t do that.”

“People just don’t care about the Federal Reserve. Maybe it‘s because it’s a subject that’s not very interesting — it’s not pornography, it’s not murder, it’s not an issue that deals with the Wild West.”

Warren Buffett Attempts to Stick-Save Bank of America, Stock Gets Hammered

LA Times Reports

Bank of America, under fire from shareholders and analysts, is getting a $5-billion investment from Warren Buffett's investment company. The banking giant's stock soared this morning on the news.
The investment by Berkshire Hathaway is reminiscent of a $5-billion investment Buffett made in Goldman Sachs in September 2008 in the depths of the financial crisis. That injection of capital helped restore confidence in Goldman and helped the Wall Street firm attract other investments.
As with the Goldman infusion, Buffett negotiated extremely favorable terms from Bank of America. He is set to receive BofA preferred shares that will pay Berkshire a 6% dividend each year. If the bank wants to redeem the shares it has to pay Buffett a 5% premium.

Market-Ticker.org

Jesse Ventura Demands Handcuffs for Wallstreet Criminals

Rolling Stone's Matt Taibbi on the FED's Free Handout to Billionaire Banker's wives

Matt Taibbi- Rolling Stone

America has two national budgets, one official, one unofficial. The official budget is public record and hotly debated: Money comes in as taxes and goes out as jet fighters, DEA agents, wheat subsidies and Medicare, plus pensions and bennies for that great untamed socialist menace called a unionized public-sector workforce that Republicans are always complaining about. According to popular legend, we're broke and in so much debt that 40 years from now our granddaughters will still be hooking on weekends to pay the medical bills of this year's retirees from the IRS, the SEC and the Department of Energy.

Most Americans know about that budget. What they don't know is that there is another budget of roughly equal heft, traditionally maintained in complete secrecy. After the financial crash of 2008, it grew to monstrous dimensions, as the government attempted to unfreeze the credit markets by handing out trillions to banks and hedge funds. And thanks to a whole galaxy of obscure, acronym-laden bailout programs, it eventually rivaled the "official" budget in size — a huge roaring river of cash flowing out of the Federal Reserve to destinations neither chosen by the president nor reviewed by Congress, but instead handed out by fiat by unelected Fed officials using a seemingly nonsensical and apparently unknowable methodology.

Terror & Hubris in the House of JP Morgan Chase

NY Times Blog

In not-so-subtle remarks to theUnited States Chamber of Commerce’s Capital Markets Summit on Wednesday, Mr. Dimon denounced new derivatives rules under consideration at the Commodity Futures Trading Commission. “The C.F.T.C. way would damage America,” he told the audience of fellow bankers and businessmen. Mr. Dimon assailed the agency for drafting rules that conflict with similar proposals emerging from the Securities and Exchange Commission.

“It’s their job to make sure its one set of rules,” he said.