Institutional Financial Derivatives (Free subscription) | 11/22/2009
Ben Bernanke has been scheduled for a confirmation hearing for a second four-year term as Federal Reserve chairman. The Senate Banking Committee will question him on Dec. 3. Rep. Alan Grayson has come out strongly recently urging an audit of the Fed and has had noteworthy courage to stand up to Bernanke’s lies directly in hearings and the giant ongoing criminal fraud that is the so-called ‘Federal...
DownWithTyranny! (Free subscription) | 11/20/2009
Yesterday something truly startling happened. The American people won and the Establishment lost-- IN CONGRESS. That never happens. Alan Grayson and Ron Paul teamed up and made it happen-- against the wishes of their party leaders and, more important, against the wishes of the big banks that donimate the country and finance the campaigns of most of Congress. (Which probably means the bill-- we'll get...
Market Watch (Free subscription) | 11/19/2009
WASHINGTON (MarketWatch) - The Federal Reserve's lender of last resort authority would be limited to $4 trillion, according to a provision approved by a key congressional committee on Thursday. "It's good to tell the American people that while the lenders of last resort's authority is enormous it is limited," said Rep. Brad Sherman, D-Calif., the measure's sponsor. Market Pulse Stories are...
Market Watch (Free subscription) | 11/19/2009
WASHINGTON (MarketWatch) - Large systemically significant financial institutions can't over-leverage themselves and have debt to equtiy ratios greater than 15 to 1, according to a provision that was approved by a key committee on Thursday. "Leverage was a key contributor to the financial crisis," said Rep. Jackie Speier, D-Calif., the provision's author. Rep. Brad Sherman, D-Calif., backed...
Mish's Global Economic Trend Analys (Free subscription) | 11/19/2009
It's time to make some phone calls. It will take less than 10 minutes. Here are the Democrats who support the auditing of the fed. Rep. John Adler, NJ: (202) 225-4765 Rep. Travis Childers, MS: (202) 225-4306 Rep. Steve Driehaus, OH: (202) 225-2216 Rep. Rubén Hinojosa, TX: (202) 225-2531 Rep. Suzanne Kosmas, FL: (877) 956-7627 Rep. Dan Maffei, NY: (202) 225-3701 Rep. Brad Miller, NC: (202) 225-3032...
Instapundit.com (Free subscription) | 11/17/2009
TIM CAVANAUGH: Post-3962 Town Hall Tour: Becerra Bombs In L.A., Sherman Kills In Van Nuys. I’m not surprised that Brad Sherman held up well on technical questions. I interviewed him several years ago on nanotechnology for TCS Daily and he was a very smart guy. Still, Cavanaugh’s conclusion is striking: [...]
Black Listed News (Free subscription) | 11/10/2009
I have written an for your knowledge and distribution as you deem fit about my dealings with Congressman’s Brad Sherman’s office. This is an issue of national importance as it relates to our national security. If you watch the short video’s below then read the PDF documents in the order listed you will get a very clear picture of what is going on. This is the first article I’ve...
Another Pundit (Free subscription) | 11/06/2009
Redistributing whose wealth? BY: Burt Prelutsky For some peculiar reason, America's left-wingers object to being called socialists. In fact, we have only one member of Congress, Vermont's Bernie Sanders, who has the gumption to admit he is one. Still, so far as I can tell, he's no more socialistic than any of the other leftist pinheads in Washington. I mean, the truth is, Henry Waxman, Nancy Pelosi,...
"Bank on California" Money Launderi (Free subscription) | 11/05/2009
WASHINGTON, DC ... Today, Congressman Brad Sherman (Sherman Oaks) announced that California State University, Northridge (CSUN) received $165,000 in federal funding for construction of the Valley Performing Arts Center. Once completed, the Valley Performing Arts Center at CSUN will serve as the premi...... more
EconomyInCrisis Articles (Free subscription) | 11/05/2009
California Congressman Brad Sherman speaks against TARP and its permanent, unlimited bailout authority.
"Bank on California" Money Launderi (Free subscription) | 11/03/2009
WASHINGTON ... Congressman Brad Sherman is proposing legislation to allow Bob Hope and Van Nuys Airports to implement mandatory nighttime curfews from 10 PM to 7 AM. Sherman's legislation comes in the wake of the Federal Aviation Administration's decision to reject the "Part 161" applic...... more
The Economic Populist (Free subscription) | 11/02/2009
The House Financial Services Committee held a hearing, Systemic Regulation, Prudential Matters, Resolution Authority and Securitization last Thursday. What was rare is almost all of the experts said basically the same thing, the too big to fail bill is TARP on Steroids, a disaster, making TARP permanent de facto. Congressman Brad Sherman sums it up: <!--break--> Richard L. Trumka, AFL-CIO President...
SocraticGadfly (Free subscription) | 11/02/2009
That “financial regulation reform bill” that’s supposedly starting to work its way through Congress? It ain’t such a thing at all. It would allow Tim Geithner or future Treasury Secretaries to make Hank Paulson look like a TARP piker. Why? The new bill, which Rep. Brad Sherman called “TARP on steroids” would allow TARP-type bailouts with no Congressional approval...
CommonDreams.org Headlines (Free subscription) | 10/30/2009
by Adrianne Appel BOSTON - Big banks will not be forced to downsize and the public will be the last to know when they fail, a controversial bill unveiled by U.S. Treasury Secretary Timothy Geithner and Congressman Barney Frank proposes. The long-awaited "too big to fail" legislation was roundly criticised during a congressional hearing Thursday as a nod to the biggest financial firms in...
Open Left (Free subscription) | 10/30/2009
Many readers here likely remember September 29th, 2008 - for a brief moment, the U.S. House extended a big middle finger at Wall Street, and the entire political, media and corporate Establishment subsequently went apeshit. Though it only lasted a few days, the standoff helped further controversialize the Troubled Asset Relief Program, and thus ultimately forced the addition of some (albeit mild)...
Videos