In this extraordinary interview the often controversial but never boring Congressman Grayson discusses his exchange with the Federal Reserve General Counsel Mr. Alvarez. He grilled Mr. Alvarez about the Feds intervention in the United States stock market, also asked about auditing the Feds gold holdings and asked about front-running of the Feds actions by primary dealers.
Grayson's full exchange with Mr. Alvarez is posted here.
Bonus video: Larry Summers demonstrates his ability to hold an audience absolutely spellbound in anticipation with his amazing public speaking skills...
Summers Says Obama Is Committed to Strong U.S. Dollar
6 comments:
just thought i'd share that Engdahl has confirmed Fisk's account of the talks re: the end of the petrodollar using his gulf sources.
http://globalresearch.ca/index.php?context=va&aid=15597
btw, i'm having the darnedest time converting my url's to html on this site (the typical ahref=..... doesn't seem to work, and it won't let me post the real tag thing anyway)...would you be able to post the appropriate code for doing it on here, or sending me a private message? i'm not sure why i have such a problem on this site and have used the tags i have stored as well as those from the net...but it's not working.
Hi Satya,
Here is how you do it. Don't forget the space after the first A and don't forget the quotation marks.
FOFOA
just a test to see if my dumba** did this right. . If you’re reading this, then thanks.
so basically, summers is saying "the old problem is behind us so rest assured we're not going to be rear ended....but don't worry about turning back around and focusing on the road ahead...we'll be happy to navigate you on your path (that's why we created GPS), over that 2,000 foot rock face, dead-end, despite the fact that it's a dead end....trust us :) "
As long as the US is running Current Account Deficits the USD will continue to weaken. No matter what nonsense Summers et. al. are spouting.
B.T.W. the US has been running Current Account Deficits since the mid 1960s. Current Account Deficits for more than 40 FREAKING years.
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