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Elizabeth Warren (2013) : Too Big To Fail & Financial Regulations Law Implementation




The "too big to fail" theory asserts that certain financial institutions are so large and so interconnected that their failure would be disastrous to the economy, and they therefore must be supported by government when they face difficulty. The colloquial term "too big to fail" was popularized by U.S. Congressman Stewart McKinney in a 1984 Congressional hearing, discussing the Federal Deposit Insurance Corporation's intervention with Continental Illinois.[1] The term had previously been used occasionally in the press.[2]
Proponents of this theory believe that some institutions are so important that they should become recipients of beneficial financial and economic policies from governments or central banks.[3] Some economists such as Paul Krugman hold that economies of scale in banks and in other businesses are worth preserving, so long as they are well regulated in proportion to their economic clout, and therefore that "too big to fail" status can be acceptable. The global economic system must also deal with sovereign states being too big to fail.[4][5][6][7]
Opponents believe that one of the problems that arises is moral hazard whereby a company that benefits from these protective policies will seek to profit by it, deliberately taking positions (see Asset allocation) that are high-risk high-return, as they are able to leverage these risks based on the policy preference they receive.[8] The term has emerged as prominent in public discourse since the 2007--2010 global financial crisis.[9] Critics see the policy as counterproductive and that large banks or other institutions should be left to fail if their risk management is not effective.[10][11] Some critics, such as Alan Greenspan, believe that such large organisations should be deliberately broken up: "If they're too big to fail, they're too big".[12] More than fifty prominent economists, financial experts, bankers, finance industry groups, and banks themselves have called for breaking up large banks into smaller institutions.[13]
One of the most vocal opponents in the United States government of the "too big to fail" status of large American financial institutions in recent years has been the newly elected U.S. Senator from Massachusetts, Elizabeth Warren. At her first U.S. Senate Banking Committee hearing on February 14, 2013, Senator Warren pressed several banking regulators to answer when they had last taken a Wall Street bank to trial and stated, "I'm really concerned that 'too big to fail' has become 'too big for trial.'" Videos of Warren's questioning, centering on "too big to fail", became popular on the internet, amassing more than 1 million views in a matter of days.[14]
On March 6, 2013, United States Attorney General Eric Holder told the Senate Judiciary Committee that the Justice Department faces difficulty charging large banks with crimes because of the risk to the economy.[15] Four days later, Federal Reserve Bank of Dallas President Richard W. Fisher wrote in advance of a speech to the Conservative Political Action Conference that large banks should be broken up into smaller banks, and both Federal Deposit Insurance and Federal Reserve discount window access should end for large banks.[16] Other conservatives including Thomas Hoenig, Ed Prescott, Glenn Hubbard, and David Vitter also advocated breaking up the largest banks.[17][18]
On April 10, 2013, International Monetary Fund Managing Director Christine Lagarde told the Economic Club of New York "too big to fail" banks had become "more dangerous than ever" and needed to be controlled with "comprehensive and clear regulation [and] more intensive and intrusive supervision."

http://en.wikipedia.org/wiki/Too_big_...

David Morgan: If Bernanke was a Helicopter, Yellen will be the Concorde!

Silver expert David Morgan from the Morgan Report chats with Cambridge House Live's Vanessa Collette about Janet Yellen's rise to the top job at The Fed and what the silver price is going to do over the next few months. Taped on-site at Cambridge House's Silver Summit 2013 in Spokane, Washington. A must-watch interview!



The Bitcoin ATM and DOJ's Big Bank Tax Collection

Score another one for the Wall Street elite. You thought foreclosures were a bad, right? Leave it to Blackstone to turn lemons into -- well, lemons. They're the largest player in the burgeoning foreclosure-turned-rental market -- and thousands of new tenants are irate. Dubbing their new landlords: "slumlords."

And, the Feds just stumbled on $28-million-dollars worth of Bitcoins. The stash belonged to the owner of Silk Road -- the so-called eBay of drugs. Erin sits down in a little bit with the BitCoin Foundation's, Director-of-Public-Affairs to talk all-things Bitcoin...as well as new fronteirs in crypto-currencies.

Finally, with record fines being handed down to JP Morgan and friends, their auditors appear to be getting off scott-free. Sam Antar talks to us about the failures of the Big Four.



AMERICA BLACKOUT & GRID SHUTDOWN in 2013 - Next FALSE FLAG ATTACK on the U.S. Be PREPARED




AMERICA BLACKOUT & GRID SHUTDOWN in 2013 - Next FALSE FLAG ATTACK on the U.S. Be PREPARED

Power Grid Down Drill To Be Conducted By US Government
November 13-14 2013 In the unlikely event of an EMP attack, it seems that nearly everyone from former DHS director, Janet Napolitano to former CIA director, James Woolsey have discussed the possibility of a grid take down through an EMP attack.

Further, the Nuclear Energy Regulatory Commission in their,NERC PowerPoint presentation, stated that one of the possible outcomes of an attack will be a "prolonged blackout..."

An electrical grid joint drill simulation is being planned in the United States, Canada and Mexico. Thousands of utility workers, FBI agents, anti-terrorism experts, governmental agencies, and more than 150 private businesses are involved in the November power grid drill.

The downed power grid simulation will reportedly focus on both physical and cyber attacks. The antiquated electrical system in the United States has been one of the most neglected pieces of integral infrastructure.

The SHIELD Act, which is stalled in Congress, is the first serious piece of legislation in many years to attempt to address the vulnerabilities of the power grid in. As previously reported by Off The Grid News, a recent American Society of Civil Engineers (ASCE) report gave the power grid a "D+" when grading various pieces of infrastructure and public services in the United States.

The disaster drill is being described as a crisis practice unlike anything the real power grid has ever experienced. The GridEX II drill Nov. 13-14 will focus primarily on how governments will react if the electrical grid fails and, for instance, the food supply chain collapses.

The Times said experts call the power grid the nation's "glass jaw." Even the military gets 99 percent of its power the same way everyday citizens get it -- from commercially run companies. solar power

This national geographic program is premiering two weeks prior to the 'supposed' GridEx 2 Exercise to test bringing down the grid by the partnering utility companies of the U.S., Canada, and Mexico... hmmmm... better get prepared just in case! Could this program be 'telling' us like the 'elite' always say they do? No fear, just prepare.
Prepare for the GridEx II November Power Grid "Drill" "cyber attack" "power cut" blackout "electrical blackout" prepare survival "survival gear" "false flag attack" "homeland security" u.s. "united states" society light report "east coast" "west coast" "american blackout" "national geographic" panic fear future expert disaster 2013 november 2014 system matrix situation damage prepared water electricity cash atm bank banking "self sufficient" emergency food "emergency food" "canned food" premier movie usa america finance exercise drill fema 829speedy

This drill is scheduled to begin November 13, 2013. What is not being discussed is how much of the nation will lose power or, since it is a three-nation drill (United States and parts of Canada and Mexico), the entire U.S. will go "offline" so to speak. What we are told is that all food and water transport will stop, business and banking will stop, transportation and shopping will stop, communications will stop, and there will be no heat in homes, schools or places of business. We are also told this will only be a "simulation". As such, it is best to be prepared one way or another, just in case.

Therefore, everyone will have to decide whether to go to work, whether to send their kids to school or have them possibly locked down, and they will have to decide whether they will have non-perishable foods and water on hand, alternative lighting and heating, medical supplies, etc., for what will likely be ordered sheltering in place.
American Blackout (Trailer) Oct 27, 2013 9pm ET Could be preview for the GridEx 2 Drill Blackout on November 13 Inside a grocery store, empty shelves in every aisle gather dust. Outside, the ATM flickers "OUT OF SERVICE" before finally losing power to a blackout. Water faucets run dry and phone networks disappear.

"I'll talk about what I know, which is offense," said former NSA employee Charlie Miller to his audience at Defcon in 2010.

For his presentation entitled Kim Jong-il and Me: How to Build A Cyber Army to Attack the U.S., Miller presented a hypothetical proposal to a country (North Korea in this case) on how to wage cyber warfare to control and disrupt American targets including freight shipping, power grids, phone service, air traffic, and even Wall Street.

The Most Powerful Men in the World & the Crisis of the Global Financial System (2013)




After becoming Bank governor, King explained that Bank of England policy was "similar to that of the Federal Reserve" under Alan Greenspan. Greenspan described his approach as "mitigat[ing] the fallout [from the bursting of a bubble] when it occurs".[12] King agreed with Alan Greenspan that, "It is hard to identify asset price 'bubbles'."[12] Other warnings about the UK housing market followed, including from the National Institute of Economic and Social Research in 2004[13] and the OECD in 2005.[14] King noted the "unusually large" difference between the RPIX and CPI at the beginning of 2004 (the latter does not include house prices as part of its inflation measure, whilst the former does),[15] and, six months later, that UK house prices had risen "to levels which are well above what most people would regard as sustainable in the longer term", having increased by more than 20% over the preceding year and more than 100% over the preceding five.[16]
In 2005, The Economist described the run-up in UK house prices as forming part of "the biggest bubble in history",[17] and, by October 2007—when the UK housing bubble was at its peak[18]—the IMF was reporting that the UK housing market was "overpriced by up to 40 per cent".[19] As noted by the OECD, house-price volatility "can raise systemic risks as the banking and mortgage sectors are vulnerable to fluctuations in house prices due to their exposure to the housing market."[20]
Dean Baker in The American Prospect said the failure by Greenspan and King to tackle the bubbles in their respective countries' housing markets resulted in catastrophic "fallout" when the bubbles burst, resulting in the worst recessions in both countries since the Great Depression.[21] UK--US inaction may be compared to action taken by China[22][23][24][25][26] and Australia.[27] Another result of the financial crisis has been King's rejection of the Bank's devout focus on price stability, or inflation targeting, a policy that was instituted after Black Wednesday in 1992 and that was continued by King after becoming governor in 2003.[28] One of the two early lessons King drew from crisis were that "price stability does not guarantee stability of the economy as a whole" and that "the instruments used to pursue financial stability are in need of sharpening and refining."[29] Accepting King's narrow concentration on price stability had resulted in disaster, the 2012 Financial Services Bill, in transferring the majority of macroprudential regulatory powers from the FSA to the Bank, will grant the Financial Policy Committee (chaired by King) the power to curb lending in booms, including placing limits on the public's access to mortgages.[30] Overall, one former, senior BoE official summed up the Bank's pre-crisis performance well: "How can you look back with the benefit of hindsight and see it as a success? We were responsible for financial stability and we utterly failed to take any avoiding action against the greatest financial crisis in our lifetimes".[6] David Blanchflower noted that, even as late as the summer of 2008, King did not even see the financial crisis coming.[31]
In its review of Bank of England accountability, one of the major complaints of the Treasury Select Committee was the Bank's refusal to undertake an internal review of its performance during the financial crisis,[32] meaning the Bank has still not been held properly accountable for its substantial culpability.[30] Such a review would pose difficulties since evidence on how its most senior policymakers arrived at their decisions is destroyed as a matter of course, as are those of the meetings of the interim Financial Policy Committee, which was set up in 2011 as part of the Bank's greater responsibility for financial stability.[32] By contrast, the United States publishes the Federal Reserve's deliberations with a five-year lag, which have provided "the most detailed picture yet of how top officials at the central bank didn't anticipate the storm about to hit the U.S. economy and the global financial system."[33] As in the UK, the US central bank's devastating failure has led to a new regulatory framework, the 2010 Dodd--Frank Wall Street Reform and Consumer Protection Act, giving more supervisory power.

http://en.wikipedia.org/wiki/Mervyn_K...)

Jon Corbett, Wayne Madsen ~ The Alex Jones Show (Commercial Free AUDIO) Tuesday October 29 2013

Food Riots?

Date: 10/29/2013
On this Tuesday, October 29 edition of the Alex Jones Show, Alex takes a look at a warning issued by the CEO of the largest food bank in America that a proposed rollback in the federal government's food stamp program may result in widespread rioting and criminality. Alex also covers the ongoing fiasco that is Obamacare as hearings commence on the inoperability of the government's enrollment website. Alex looks at the economy as it continues its long and dismal slide into oblivion as the bankster elite continue their assault on the American people. On today's show, Alex talks with Jon Corbett, an engineer and activist challenging the constitutionality of the TSA's body scanners and pat down molestation who received a call from the Department of Justice stating he violated a court order sealing documents that Infowars made public earlier this month. Alex also takes your calls on today's worldwide broadcast



Taper timing

The US Federal Reserve shocked investors last month when it did not announce plans to taper its bond purchases. Jamie Chisholm, global markets commentator, discusses with Martin Sandbu when the Fed may start to wean investors off quantitative easing.


William Cooper ~ Blaming Our Enslavement On The Systems (Religious, Educational, etc)?





Revelation 12:7-9 says, “And war broke out in heaven: Michael and his angels fought with the Dragon; and The Dragon and his angels fought back, but they did not prevail, nor was a place found for them in heaven any longer.  So the Great Dragon was cast out, that serpent of old, called the Devil and Satan whodeceives the whole world; he was cast to the earth and his angels were cast there with him.”

URGENT - Syrian Rebels conduct new CHEMICAL WEAPONS ATTACK near Turkish border!!

URGENT - Syrian Rebels conduct new CHEMICAL WEAPONS ATTACK near Turkish border!!






http://rt.com/news/rebels-chemical-we...
The rebels used chemical weapons in north-eastern Syria near the border with Turkey on Tuesday, a Lebanese TV channel Al-Mayadeen reported.
The toxic shell exploded near a Kurdish defense forces’ checkpoint close to the border with Turkey in the city of Ras al-Ayn al-Hasakah.
The attack was reported by Kurdish defense forces who are conducting military operations against the rebels in the region.

Michael Burgess: Obamacare is a Threat, Not a Promise

Representative Michael Burgess (R-TX) explains how the Obama administration and the Affordable Care Act misled patients and the insured about pre-existing conditions and out-of-pocket medical costs.


War on Whistleblowers ~ The Corbett Report

Spot the Whistleblowers: Follow the (Lack of) Money


If there is one thing that defines our current political era, it is the unprecedented crackdown on government whistleblowers. If the Bush administration's invocation of the little used State Secrets Privilege to silence those exposing corruption is taken as the beginning point of this era, we have seen a steady progression throughout the past decade, culminating in Obama's unprecedented war on whistleblowers. So what, then, are we to make of whistleblowers who are not only not prosecuted for their actions, nor simply given fawning mainstream media attention, but receive book deals worth millions of dollars and become the heroes of Hollywood action flicks? Join us for this week's Eyeopener report as we explore this question and its implications.


Ben Swann: Is Bitcoin Real Capitalism?

Media doesn't talk about Bitcoin very often. When they do, it tends to be negative. Love it or hate it, is Bitcoin one of the few remaining examples of true capitalism?



WW3 INSTIGATORS - US to DESTROY all INDEPENDENT MINDED COUNTRIES in the MIDDLE EAST






A series of bomb attacks across Iraq has left at least 66 people dead... and dozens more wounded. Most of the blasts targeted Shiite-Muslim districts around the capital, Baghdad. The Iraqi government blames the daily attacks on Sunni Islamists linked to Al-Qaeda. We discussed the situation with journalist and broadcaster Neil Clark... He believes the U.S. is simply not interested in curbing Al Qaeda's influence in the region.


Harry Dent : Has Gold Lost Its Luster ?

Harry Dent explains how gold behaves in the crisis and where the precious metal may be heading next.



Harry S. Dent, Jr. is the Founder and President of the H. S. Dent Foundation, whose mission is “Helping People Understand Change”. Using exciting new research developed from years of hands-on business experience, Mr. Dent offers a refreshingly positive and understandable view of the future. Mr. Dent is a well-known author and is known as the developer of The Dent Method, a forecasting approach based on changes in demographic trends.

In his book The Great Boom Ahead, published in 1992, Mr. Dent stood virtually alone in accurately forecasting the unanticipated “Boom” of the 1990s. Today he continues to educate audiences about his predictions for the next and possibly last great bull market, from late 2005 into early to mid 2010. Since 1992 he has authored two consecutive best sellers The Roaring 2000s and The Roaring 2000s Investor (Simon and Schuster). In his latest book, The Next Great Bubble Boom, he offers a comprehensive forecast for the next two decades and explains how fundamental trends suggest strong growth ahead, followed by a longer-term economic contraction. Mr. Dent also publishes the HS Dent Forecast newsletter, which offers current analysis of economic, and financial market trends. Mr. Dent received his MBA from Harvard Business School, where he was a Baker Scholar and was elected to the Century Club for leadership excellence. Since 1988 he has been speaking to executives, financial advisors and investors around the world. He has appeared on “Good Morning America”, PBS, CNBC, CNN/FN, and has been featured in Barron’s, Investor’s Business Daily, Entrepreneur, Fortune, Success, US News and World Report, Business Week, The Wall Street Journal, American Demographics and Omni. While at Bain & Company he worked as a consultant with several Fortune 100 companies. He has also been CEO of several entrepreneurial growth companies and an investor in new ventures. A frequent speaker on economic trends, Mr. Dent educates clients and partners on The Dent Method and provides strategic vision for asset allocation and investment selection.







HARRY DENT ~ Stocks Peak in Early 2014

Fed "taper" or not, stocks are peaking. The seven-quarter GDP cycle also indicates another downturn.


Harry S. Dent, Jr. is the Founder and President of the H. S. Dent Foundation, whose mission is “Helping People Understand Change”. Using exciting new research developed from years of hands-on business experience, Mr. Dent offers a refreshingly positive and understandable view of the future. Mr. Dent is a well-known author and is known as the developer of The Dent Method, a forecasting approach based on changes in demographic trends.

In his book The Great Boom Ahead, published in 1992, Mr. Dent stood virtually alone in accurately forecasting the unanticipated “Boom” of the 1990s. Today he continues to educate audiences about his predictions for the next and possibly last great bull market, from late 2005 into early to mid 2010. Since 1992 he has authored two consecutive best sellers The Roaring 2000s and The Roaring 2000s Investor (Simon and Schuster). In his latest book, The Next Great Bubble Boom, he offers a comprehensive forecast for the next two decades and explains how fundamental trends suggest strong growth ahead, followed by a longer-term economic contraction. Mr. Dent also publishes the HS Dent Forecast newsletter, which offers current analysis of economic, and financial market trends. Mr. Dent received his MBA from Harvard Business School, where he was a Baker Scholar and was elected to the Century Club for leadership excellence. Since 1988 he has been speaking to executives, financial advisors and investors around the world. He has appeared on “Good Morning America”, PBS, CNBC, CNN/FN, and has been featured in Barron’s, Investor’s Business Daily, Entrepreneur, Fortune, Success, US News and World Report, Business Week, The Wall Street Journal, American Demographics and Omni. While at Bain & Company he worked as a consultant with several Fortune 100 companies. He has also been CEO of several entrepreneurial growth companies and an investor in new ventures. A frequent speaker on economic trends, Mr. Dent educates clients and partners on The Dent Method and provides strategic vision for asset allocation and investment selection.





Walmart Threatens to Put Man in NO Buy/NO Sell Database! 10-29-13





Do you shop Walmart (Chinamart)? It's way past time to STOP supporting companies like this with your MONEY!! It's the only way to fight back against this CORRUPT SYSTEM!! VOTE WITH YOUR PAYCHECK AND YOUR FEET!
This is the beginning of "The Mark Of The Beast" friends.

What is The Matrix ?

Prescription of Matrix .An excellent discussion of the Matrix that we're confronted with - guaranteed to fry your noodle.

Max Keiser : Bitcoin is The Currency of The Resistance

In this episode of the Keiser Report, Max Keiser and Stacy Herbert, discuss the revolutionary solution that
takes money and power from those who hate and gives it to those who will no longer wait for celebrities and pundits to cogitate, agitate and debate whether or not wristbands and hashtags - oh so quaint - can stop the plunder and pillage by the conmen, hucksters, and banksters backed by the state. Yes, bitcoin. The currency is already creating economic value across Africa, China and the developing world while Brits destroy economic value by moving their money into yet another corrupt bank. In the second half, Max interviews Simon Dixon of BankToTheFuture.com about peer to peer lending and the future in which the population can deploy their own capital in more productive ways.


Is This End Of The Petrodollar ?!

Saudi Arabia severs diplomatic ties with US over response to conflict in Syria.




the petrodollar relation was one of the most destructive thing that ever happened into this world ,only few had sow some benefits because it has put huge power in between the wrong hands while the rest of the world is bleeding everyday ,some live on the top and the rest not even in the bottom but further under the ground .saudis are one of the most brutal people in the world they treat everyone like slaves especially the foreigners & unfortunately the american turn blind eye on this ,but when it comes to syria everyone in the world now knowing that its just a gang war no more and no less everyone feeding some armed group in order to gain the leadership of the area iran hezbollah & al assad and the other team the saudi and alqaida no one is better than the other all of them soulless people its a dirty war

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