Bernanke Live: Fed Chairman Returns to Capitol Hill for Monetary Policy Report Money Policy & Economy

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WASHINGTON, DC. Thursday, March 1, 2012

Federal Reserve Chairman Bernanke told House lawmakers Wednesday that the Fed plans to hold U.S. interest rates at the current rate until late 2014.  Thursday, he presents his semi-annual monetary policy testimony to Senate members.

Today, Chairman Bernanke's testimony is again indicating that recent signs of strength in the U.S. economy will not change the Fed’s view that “exceptionally low” interest rates are likely to be warranted at least to the end of 2014.  He has also refrained from saying that additional policy easing is under consideration.

Copyright Dictatorship and Bank Blitz "Help (yourself to) Greece!" - Max Keiser

Pirating Repo Man and jack-booted accountants 

here to help you. In the second half of the show, Max talks to J.S. Kim of SmartKnowledgeU.com about silver, gold and market manipulation. Source

Federal Lunacy: Obama's Endless Wars for Profit with Paul Craig Roberts

The US is famous for going to other countries with goals ranging from retaliation to installing democracy to stopping a civil war. And quite often the US government and the military alike are surprised at what they find: that people in those countries don't want them there and, in many cases, will risk or sacrifice their lives to make sure they leave.

Jim Rogers Speaks At The University Of Alabama. "Learn Chinese"

Police battle rail protesters in Turin

Anti-rail protesters clashed with police on Wednesday in northern Italy as they demonstrated against a high-speed rail link between Lyon in France and Turin.

The clash broke out when police evicted protesters who for two days had blocked a stretch of highway between Turin and Bardonecchia.

As police cleared their barricades, protesters set fire to tyres and threw rocks at police, who responded by launching tear-gas grenades. Source

Ron Paul's Tough Questions for Hillary Clinton

MF Global White Knight blows the lid off of the JP Morgan Shadow Banking Mafia

US regulators are holding roundtable talks today about how to protect customer's money. To keep it from basically being stolen. This is in the aftermath of the MF Global collapse of course. We'll speak to a lawyer by the name of James Koutoulas who represents 8000 MF Global customers in the bankruptcy. He says new US regulations won't stop firms from going the way of MF Global so long as they can go to the UK to take on virtually unlimited leverage. He tells us how MF Global was getting around the US leverage limits this way, similar to AIG in 2008, and why it's going on unchanged. We will talk as well about re-hypothecation, and how "churning" allows brokerage firms to leverage up like banks. 

And, Federal Reserve Chairman Ben Bernanke gave his economic check up to lawmakers today which meant a reacquaintance with republican presidential hopeful and federal reserve executioner hopeful, Ron Paul. He asked the Fed Chairman if he does his own shopping

Sean Stone: "We are in a state of martial law"

North Korea has announced it is prepared to end its nuclear program and missile tests in exchange for food assistance from the United States. The country thought of as a menace several years ago seems to have taken the backseat when it comes to nuclear threats. The Iranian government insists their nuclear program is for energy purposes, and no evidence has surfaced that Iran has a weapons grade nuclear enrichment program. Israeli Prime Minister Benjamin Netanyahu has gone on record saying Israel will confront any terrorism originating in Iran. Filmmaker Sean Stone joins us for more. Source

EUROZONE CRISIS: IGNORE THE SPIN – THE ECB IS BUYING BONDS AGAIN, & TURKEY IS ABOUT TO GO BANG

As Monti says eurocrisis is abating, banks hoover up record LTRO, ECB buys Portugal bonds, and S&P draws local contagion map. This is an abating crisis?

You may have believed all that Brussels bollocks about the ECB’s eurozone bond buying programme being at an end. Well…it isn’t. After Portugal’s 10- year bonds fell to less than half their face value, I can reveal that SuperMario dived in to stop things turning into a rout. And if necessary, the Italian Stallion will do so again.

Meanwhile, the banks described constantly by Brussels as ultra-safe stole a record 530 billion euros from SuperMario’s ECB, so great was their desire to lend to eurobusiness. The only problem being that, thus far, there’s zero evidence of so much as one centime being lent to business. Whatever can they be using this money for?

Ron Paul beats Obama in polls

Texas Congressman Ron Paul would win a presidential race against incumbent Barack Obama, according to a tracking poll released Monday by Rasmussen Reports.

According to polling figures published Monday by Rasmussen, a hypothetical two-person contest between President Obama and Republican Party hopeful Ron Paul would yield a victory for the Texas congressman. The statistics released by the group this week put Paul as the favorite over the current commander in chief by two percentage points, a 43-to-41 percent win, reports the agency.

Although Representative Paul has placed close to passing Obama in past polls, this marks the first time in a Rasmussen report that the congressman has statistically proven himself as the winner when pitted right against the president. Recent polling from Rasmussen also suggests that the only other candidate that could be considered the victor in a make-believe match-up with Obama right now would be former Massachusetts Governor Mitt Romney, who also won in a recent poll by a two percentage point margin. Rasmussen has put Obama as the victor in a race against only Romney according to all other reports released since 2012 began.

Iran ready to be paid in gold, national currencies for oil

Tehran announced Tuesday that it is ready to receive payment for oil supplies in gold as well as the national currencies of importer countries. That’s according to Mahmoud Bahmani, Governor of the Central Bank of Iran.

In trade operations with foreign countries Iran does not limit itself to dollars, and any state is free to use its own currency, Bahmani is quoted as saying by Russia's Itar-Tass news agency. He also added that if any client state wants to pay in gold, Iran would accept it without hesitation.

In 2012 the US toughened sanctions against the country that attempt to obstruct the activities of the Central Bank of the Islamic Republic of Iran. Washington warned that sanctions would also be applied against international banks that use US dollars in deals with Iran. As a result, countries that buy Iranian oil have faced the problem of how to pay for it. Now, the Islamic country is working to accommodate its clients through the offer to accept their national currencies.

NDAA Blows Up In Obamas Face!

Obama demanded that congress ad the secret arrest black bag section to the NDAA and he demanded that he be given the power. Then he told the public he was fighting it and would veto it. That way he could over throw the republic and pose as its savior. Now the public is waking up and states are moving to block it. The tyrants have given the people the wake up call they needed, sometime worse is better. Source