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	<description>Bringing understanding for the increasingly complex financial markets.</description>
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		<title>Post-&#8221;War on Terror&#8221; Miranda Rights</title>
		<link>http://fedfilter.wordpress.com/2009/11/19/post-war-on-terror-miranda-rights/</link>
		<comments>http://fedfilter.wordpress.com/2009/11/19/post-war-on-terror-miranda-rights/#comments</comments>
		<pubDate>Thu, 19 Nov 2009 21:06:28 +0000</pubDate>
		<dc:creator>tymothyson</dc:creator>
				<category><![CDATA[In the News]]></category>

		<guid isPermaLink="false">http://fedfilter.wordpress.com/?p=1647</guid>
		<description><![CDATA[&#8220;You have the right to remain silent or shout any obscene, blasphemous religious propaganda you may want. Anything you say or do could, but  will not be used against you in a court of military law. You have the right to a civilian attorney who could leak information to terrorist cells outside of your [...]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=fedfilter.wordpress.com&blog=4149987&post=1647&subd=fedfilter&ref=&feed=1" />]]></description>
			<content:encoded><![CDATA[<div class='snap_preview'><br /><p>&#8220;You have the right to remain silent <strong>or shout any obscene, blasphemous religious propaganda you may want</strong>. Anything you say or do <strong>could, but</strong>  will <strong>not</strong> be used against you in a court of <strong>military</strong> law. You have the right to a <strong>civilian</strong> attorney <strong>who could leak information to terrorist cells outside of your terrorist jail cell, though you should really be tried as an enemy combatant war criminal and never again see the light of day</strong>. If you cannot afford an attorney, one will be appointed to you <strong>as part of the $75-100 Million of our tax dollars to move your keister from Gitmo to the land where our fathers died</strong>. Do you understand these rights as they have been read to you?  <strong> Of course you don&#8217;t, you didn&#8217;t even have to learn English to take up residency on the dole, plant a dirty bomb, or get a license to fly a jumbo jet.</strong>&#8220;</p>
<p>&#8220;If you are not a United States citizen, you <strong><em>need not</strong></em> contact your country&#8217;s consulate prior to any questioning <strong>because we will treat you like one anyway<em></strong>.&#8221;</p>
<p>What&#8217;s all this ruckus about?  Listen to the <a href="http://www.aclj.org/Multimedia/Archive.aspx?t=797CEE79-086F-4916-86F7-C0FA6B96B04D#">interview with Sen. Lindsey Graham 11.19.09</a><div id="attachment_1648" class="wp-caption aligncenter" style="width: 549px"><a href="http://fedfilter.files.wordpress.com/2009/11/khalid-mohammed.jpg"><img src="http://fedfilter.files.wordpress.com/2009/11/khalid-mohammed.jpg?w=539&#038;h=388" alt="" title="Khalid Mohammed" width="539" height="388" class="size-full wp-image-1648" /></a><p class="wp-caption-text">In this March 1, 2003 file picture, Khalid Sheikh Mohammed is seen shortly after his capture during a raid in Pakistan. An Obama administration official said Friday Nov. 13, 2009 that accused Sept. 11 mastermind Khalid Sheikh Mohammed and four other Guantanamo Bay detainees will be sent to New York to face trial in a civilian federal court.</p></div></p>
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			<media:title type="html">tymothyson</media:title>
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			<media:title type="html">Khalid Mohammed</media:title>
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		<title>Write your Reps, CA</title>
		<link>http://fedfilter.wordpress.com/2009/11/19/write-your-reps-ca/</link>
		<comments>http://fedfilter.wordpress.com/2009/11/19/write-your-reps-ca/#comments</comments>
		<pubDate>Thu, 19 Nov 2009 20:24:48 +0000</pubDate>
		<dc:creator>tymothyson</dc:creator>
				<category><![CDATA[FedFilter University]]></category>

		<guid isPermaLink="false">http://fedfilter.wordpress.com/?p=1644</guid>
		<description><![CDATA[Don&#8217;t settle for an email that can be deleted.  Hit &#8216;em with something tangible.
To find out who your California reps are, click here
To find their addresses, click here
       <img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=fedfilter.wordpress.com&blog=4149987&post=1644&subd=fedfilter&ref=&feed=1" />]]></description>
			<content:encoded><![CDATA[<div class='snap_preview'><br /><p>Don&#8217;t settle for an email that can be deleted.  Hit &#8216;em with something tangible.</p>
<p>To find out who your California reps are, <a href="https://writerep.house.gov/htbin/wrep_findrep?HIP887833353.13543.5235">click here</a></p>
<p>To find their addresses, <a href="http://www.govtrack.us/congress/findyourreps.xpd?state=CA">click here</a></p>
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			<media:title type="html">tymothyson</media:title>
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		<title>Remember the Alamo&#8230; I mean Adage!!</title>
		<link>http://fedfilter.wordpress.com/2009/10/13/remember-the-alamo-i-mean-adage/</link>
		<comments>http://fedfilter.wordpress.com/2009/10/13/remember-the-alamo-i-mean-adage/#comments</comments>
		<pubDate>Wed, 14 Oct 2009 05:41:21 +0000</pubDate>
		<dc:creator>nmilnik</dc:creator>
				<category><![CDATA[Commentary]]></category>
		<category><![CDATA[In the News]]></category>

		<guid isPermaLink="false">http://fedfilter.wordpress.com/?p=1636</guid>
		<description><![CDATA[Here is an amazing cartoon from the Chicago Tribune in 1934. Look carefully at the plan of action. Remember the adage, &#8220;Those who do not remember the past are doomed to repeat it&#8221;

       <img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=fedfilter.wordpress.com&blog=4149987&post=1636&subd=fedfilter&ref=&feed=1" />]]></description>
			<content:encoded><![CDATA[<div class='snap_preview'><br /><p>Here is an amazing cartoon from the Chicago Tribune in 1934. Look carefully at the plan of action.<strong> Remember the adage</strong>, &#8220;Those who do not remember the past are doomed to repeat it&#8221;</p>
<p><img class="aligncenter size-full wp-image-1637" src="http://fedfilter.files.wordpress.com/2009/10/1928-cartoon.jpg?w=446&#038;h=550" alt="" width="446" height="550" /></p>
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			<media:title type="html">nmilnik</media:title>
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		<title>Sold Down the River</title>
		<link>http://fedfilter.wordpress.com/2009/10/13/sold-down-the-river/</link>
		<comments>http://fedfilter.wordpress.com/2009/10/13/sold-down-the-river/#comments</comments>
		<pubDate>Wed, 14 Oct 2009 05:35:01 +0000</pubDate>
		<dc:creator>marsupiol</dc:creator>
				<category><![CDATA[Commentary]]></category>
		<category><![CDATA[Filter Melodies]]></category>
		<category><![CDATA[Market Update]]></category>

		<guid isPermaLink="false">http://fedfilter.wordpress.com/?p=1627</guid>
		<description><![CDATA[
&#8220;Sold me down the river
Take a look and see
Sold me down the river
There`s nothing left for me!&#8221;
The Japanese Minister of Finance once again restated the new view out of Japan that the level of the Yen is no longer an obsession with the monetary authorities of that nation. His comments were interpreted by the Forex [...]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=fedfilter.wordpress.com&blog=4149987&post=1627&subd=fedfilter&ref=&feed=1" />]]></description>
			<content:encoded><![CDATA[<div class='snap_preview'><br /><p><span style="text-align:center; display: block;"><a href="http://fedfilter.wordpress.com/2009/10/13/sold-down-the-river/"><img src="http://img.youtube.com/vi/OdOiXrF60dE/2.jpg" alt="" /></a></span></p>
<p style="text-align:center;"><em>&#8220;Sold me down the river<br />
Take a look and see<br />
Sold me down the river<br />
There`s nothing left for me!&#8221;</em></p>
<p>The Japanese Minister of Finance once again restated the new view out of Japan that the level of the Yen is no longer an obsession with the monetary authorities of that nation. His comments were interpreted by the Forex markets that intervention to stem the advance of the Yen is most unlikely. With that, market participants wasted little time bidding the Yen into a strong advance.</p>
<p>Those statements of his, combined with that of Federal Reserve Vice Chairman, Donald Kohn, that the US economy would not experience a quick or sharp recovery out of its recession, were both read by traders that US interest rates were not going anywhere anytime soon. Carry traders then beat the Dollar down below critical support as they rushed into higher yielding currencies such as the Aussie and Loonie. The Euro also shot up to another new yearly high.</p>
<p>It is looking more and more like the current Administration has set on a course of deliberate destruction of the US Dollar and with it, the economic might that the US has <img class="alignright size-medium wp-image-1633" src="http://fedfilter.files.wordpress.com/2009/10/solddowntheriverus2.jpg?w=252&#038;h=300" alt="" width="252" height="300" />enjoyed since post World War II. As said many times on these pages, the profligacy of the US has inescapable consequences and we are now seeing a rapid acceleration of the same. The fall in the Dollar is picking up momentum and that is why we are witnessing gold moving into new highs.</p>
<p>Protect yourself from the theft of your wealth by these conscienceless politicians and monetary officials for they have sold their citizenry down the river and plundered them in the process far more thoroughly than Atilla and his army of Huns ever did to Rome of old. At least the Roman inhabitants were aware of the pillaging of their substance – when the general public finally awakens to the despicable looting of their savings by these reeking buzzards, they will rush into gold with a fury that will shock even many of the readers of this site.</p>
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			<media:title type="html">marsupiol</media:title>
		</media:content>

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		<title>What&#8217;s Happening Now? Everything!</title>
		<link>http://fedfilter.wordpress.com/2009/10/13/whats-happening-now-everything/</link>
		<comments>http://fedfilter.wordpress.com/2009/10/13/whats-happening-now-everything/#comments</comments>
		<pubDate>Tue, 13 Oct 2009 20:01:18 +0000</pubDate>
		<dc:creator>marsupiol</dc:creator>
				<category><![CDATA[Commentary]]></category>

		<guid isPermaLink="false">http://fedfilter.wordpress.com/?p=1621</guid>
		<description><![CDATA[
Everything we have discussed here  is NOW taking place.
 
Everything we have suggested is coming is NOW on your doorstep.
 
Any ideas of trading have been smashed not only by common sense, but also by the flash systems against which you do not stand a chance.
 
All precious metals companies with materials in, on top or mining will [...]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=fedfilter.wordpress.com&blog=4149987&post=1621&subd=fedfilter&ref=&feed=1" />]]></description>
			<content:encoded><![CDATA[<div class='snap_preview'><br /><p><img class="aligncenter size-full wp-image-1623" src="http://fedfilter.files.wordpress.com/2009/10/whatshappeningnow.jpg?w=375&#038;h=504" alt="" width="375" height="504" /></p>
<p>Everything we have discussed here  is NOW taking place.<br />
 <br />
Everything we have suggested is coming is NOW on your doorstep.<br />
 <br />
Any ideas of trading have been smashed not only by common sense, but also by the flash systems against which you do not stand a chance.<br />
 <br />
All precious metals companies with materials in, on top or mining will succeed in market terms.<br />
 <br />
All shorts in both precious metals shares and gold itself will end up covering in a less than comfortable manner.<br />
 <br />
Gold will trade at $1250 and $1650 before going parabolic in the charts.<br />
 <br />
The US dollar is nearing a severe crisis period that will occur this winter.<br />
 <br />
Middle American business is facing severe difficulty with a collapse of CIT or even a failure to refinance CIT to a comfortable level a potential crisis-producing event. CIT is to Middle America what Lehman was to the financial industry.<br />
 <br />
There is very little to add today with one exception: Have you protected yourself?<br />
 <br />
Respectfully yours,</p>
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			<media:title type="html">marsupiol</media:title>
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		<title>Who&#8217;s Behind the Scenes?</title>
		<link>http://fedfilter.wordpress.com/2009/09/25/whos-behind-the-scenes/</link>
		<comments>http://fedfilter.wordpress.com/2009/09/25/whos-behind-the-scenes/#comments</comments>
		<pubDate>Fri, 25 Sep 2009 17:21:18 +0000</pubDate>
		<dc:creator>tymothyson</dc:creator>
				<category><![CDATA[FedFilter University]]></category>

		<guid isPermaLink="false">http://fedfilter.wordpress.com/?p=1609</guid>
		<description><![CDATA[Clearly, the stimulus bill that no congressman read is not working. As it turns out, no congressman may have written it either. It&#8217;s largely the creation of a coalition of leftist organizations called the Apollo Alliance, whose primary interests are saving the Earth, environmental justice and redistributing wealth. They are not friends of job-creating capitalism.
Van [...]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=fedfilter.wordpress.com&blog=4149987&post=1609&subd=fedfilter&ref=&feed=1" />]]></description>
			<content:encoded><![CDATA[<div class='snap_preview'><br /><div id="attachment_1619" class="wp-caption alignright" style="width: 460px"><img src="http://fedfilter.files.wordpress.com/2009/09/jeffjones1.jpg?w=450&#038;h=350" alt="Jeff Jones, former domestic terrorist, turned NY affiliate and national consultant of Apollo Alliance, and grantwriter for your tax dollars in his federal tax dollar sponsored free time." title="jeffjones" width="450" height="350" class="size-full wp-image-1619" /><p class="wp-caption-text">Jeff Jones, former domestic terrorist, turned NY affiliate and national consultant of Apollo Alliance, and grantwriter for your tax dollars in his federal tax dollar sponsored free time.</p></div>
<p>Clearly, the stimulus bill that no congressman read is not working. As it turns out, no congressman may have written it either. It&#8217;s largely the creation of a coalition of leftist organizations called the Apollo Alliance, whose primary interests are saving the Earth, environmental justice and redistributing wealth. They are not friends of job-creating capitalism.</p>
<p><strong>Van Jones</strong> was on the board of the Apollo Alliance when appointed by Obama to be our green jobs czar.</p>
<p><strong>Wade Rathke</strong>, founder of Acorn, Apollo board member.</p>
<p><strong>Gerald Hudson</strong>, vice-president of the Service Employees International Union, Apollo board member.</p>
<p><strong>John Podesta</strong>, Clinton&#8217;s Chief of Staff and president of the Center for American Progress, Apollo board member.</p>
<p><strong>Mark Lloyd</strong>, diversity czar at the Federal Communications Commission, was a senior fellow at CAP.</p>
<p><strong>Phil Kerpen</strong> of Americans for Prosperity told Glenn Beck, the Apollo Alliance put together a draft stimulus bill in 2008 that included almost everything in the final $787 billion package. Little did the voters know that the congressmen and senators they would elect would pass a bill written by activist outsiders.</p>
<p><strong>Jeff Jones</strong> was <a href="http://newsrealblog.com/2009/08/27/pro-obama-apollo-alliance-advised-by-a-left-wing-terrorist/">a domestic terrorist</a> in the &#8217;60s and a fugitive from justice throughout the &#8217;70s who, with <strong>Bill Ayers</strong>, helped found the Weather Underground in 1969.  Today, Jones finds himself director of the Apollo Alliance&#8217;s New York affiliate and a consultant to the national group. One of his clients is the Workforce Development Institute, a union-controlled organization.  As a consultant to WDI, Jones helps write the grant proposals for federal stimulus dollars — funds authorized in the bill that Apollo helped write — all to ensure that taxpayer dollars end up in the hands of groups that share Apollo&#8217;s political agenda.</p>
<p>Welcome to government of the activist, by the activist and for the activist.</p>
<p>Read <a href="http://www.investors.com/NewsAndAnalysis/Article.aspx?id=506667"><strong><em>Radicals Wrote Failed Stimulus</em></strong><em></a></p>
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			<media:title type="html">tymothyson</media:title>
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		<title>Are you gonna let &#8216;em stick it to you?</title>
		<link>http://fedfilter.wordpress.com/2009/09/24/are-you-gonna-let-em-stick-it-to-you/</link>
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		<pubDate>Fri, 25 Sep 2009 00:20:44 +0000</pubDate>
		<dc:creator>tymothyson</dc:creator>
				<category><![CDATA[In the News]]></category>

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		<description><![CDATA[10 Reasons to write your representatives against socialist health care:
1. Most young and healthy opt out of health insurance &#8211; they want to stick us with $4k a year against our will.  Sounds like they&#8217;re bilking us, not helping us!!!  Some opt out of health insurance altogether; they work, save, and pay cash, [...]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=fedfilter.wordpress.com&blog=4149987&post=1602&subd=fedfilter&ref=&feed=1" />]]></description>
			<content:encoded><![CDATA[<div class='snap_preview'><br /><p><div id="attachment_1605" class="wp-caption aligncenter" style="width: 240px"><img src="http://fedfilter.files.wordpress.com/2009/09/this-is-going-to-hurt.jpg?w=230&#038;h=300" alt="He&#39;s hoping you&#39;ll just bend over and take it." title="This IS going to hurt" width="230" height="300" class="size-medium wp-image-1605" /><p class="wp-caption-text">He's hoping you'll just bend over and take it.</p></div><br />
<strong>10 Reasons to write your representatives against socialist health care:</strong></p>
<p>1. Most young and healthy opt out of health insurance &#8211; they want to stick us with $4k a year against our will.  Sounds like they&#8217;re bilking us, not helping us!!!  Some opt out of health insurance altogether; they work, save, and pay cash, in full.</p>
<p>2. Health care is as personal as it gets &#8211; it&#8217;s none of Uncle Sam&#8217;s business! Besides, the medical industry should be left to the professionals.</p>
<p>3. It is a Federal power grab. It may take a black market to keep a free market.</p>
<p>4. Obama lies!  Coverage will pay for abortion on demand, even if you don&#8217;t want more tax dollars going toward it.  Democrats voted this down every time it was brought up for vote. This is just one landmine in a field of ethical landmines (i.e., Physician assisted suicide, stem cell research, cloning, <a href="http://townhall.com/columnists/ThomasSowell/2009/08/18/whose_medical_decisions">denying treatment to those deemed unfit to receive it</a>, eugenics, etc.).  Ironically, I guess when you look at it this way&#8230;health care is a &#8220;moral&#8221; issue (In a different sense than the reemerging Democrat crusade). </p>
<p>5. Obama lies!  Coverage will be extended to illegal aliens.  If they aren&#8217;t legal yet, he will make them legal (this is what he really means). Dems voted this down every time it was brought up for vote.  This is at least one reason for rising medical costs; they treat the E.R. like their primary care physician.</p>
<p>6. They act like they are in a big hurry&#8230;for what?  Remember the big push to pass more <a href="http://townhall.com/columnists/ThomasSowell/2009/08/18/whose_medical_decisions">unread legislation</a> before the August recess?  Remember the last time they tried to pass <a href="http://townhall.com/columnists/ThomasSowell/2009/08/04/care_versus_control">unread legislation</a> (the Stimulus Bill which was drafted by radical socialists in the &#8220;Apollo Alliance&#8221;). The &#8220;benefits&#8221; of such a system would not take effect until <a href="http://townhall.com/columnists/ThomasSowell/2009/09/08/listening_to_a_liar">2013</a> &#8211; a year after it would effect the next presidential election (how convenient Mr. Obama!?).  If health care is the next moral threshold, why make people wait for it? Why hurry up just to wait? As with the Stimulus package, we&#8217;re just frogs in a kettle, and they&#8217;re just ever so gradually <a href="http://townhall.com/columnists/ThomasSowell/2009/09/08/listening_to_a_liar?page=2">turning up the heat</a>.</p>
<p>7. They are going around the citizens&#8217; backs to try to get this done. Fortunately the house majority realizes that they will not get reelected if they fail to represent the people.   </p>
<p>8. Socialized health care has not worked in the UK, France, or Canada.  They have <a href="http://townhall.com/columnists/ThomasSowell/2009/08/18/whose_medical_decisions">less high tech machinery</a>, skilled research, and medical procedure advancement.  Why else would they <a href="http://townhall.com/columnists/ThomasSowell/2009/08/04/care_versus_control?page=2">come here</a> to get treatment? The upcoming generations will not be able to sustain such systems economically in the near future (and demographics don&#8217;t lie).</p>
<p>9. There has been no promise of a crack down on tort law.  Ask any professional from the medical industry and they will tell you that rising medical costs are due to another quagmire: tort law (such as medical malpractice and Dr.s&#8217; need for coverage).  Approximately $252 Billion was spent in 2007 for Medical Malpractice Claims, about 2% of GDP.  Leave it to a lawyer to tell you the truth.</p>
<p>10. Free things result in long lines. Recently, the Spaghetti Factory offered a free dinner at all their locations for one day.  Mars and his buds got one after waiting in line for about 4-5 hours.  I gave up when I saw the line stretch 3/4 of a block out the door.</p>
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			<media:title type="html">This IS going to hurt</media:title>
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		<title>Back to the Future</title>
		<link>http://fedfilter.wordpress.com/2009/09/15/back-to-the-future-2/</link>
		<comments>http://fedfilter.wordpress.com/2009/09/15/back-to-the-future-2/#comments</comments>
		<pubDate>Tue, 15 Sep 2009 19:21:53 +0000</pubDate>
		<dc:creator>tymothyson</dc:creator>
				<category><![CDATA[FedFilter University]]></category>

		<guid isPermaLink="false">http://fedfilter.wordpress.com/?p=1598</guid>
		<description><![CDATA[
Reagan&#8217;s pre-presidency chat in 1961 discusses the threat of Socialized Medicine by Democrats, &#8220;the party that left him,&#8221; and Liberalism.
       <img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=fedfilter.wordpress.com&blog=4149987&post=1598&subd=fedfilter&ref=&feed=1" />]]></description>
			<content:encoded><![CDATA[<div class='snap_preview'><br /><p><span style="text-align:center; display: block;"><a href="http://fedfilter.wordpress.com/2009/09/15/back-to-the-future-2/"><img src="http://img.youtube.com/vi/fRdLpem-AAs/2.jpg" alt="" /></a></span></p>
<p>Reagan&#8217;s pre-presidency chat in 1961 discusses the threat of Socialized Medicine by Democrats, &#8220;the party that left him,&#8221; and Liberalism.</p>
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		<title>Another Familiar Face</title>
		<link>http://fedfilter.wordpress.com/2009/09/09/another-familiar-face/</link>
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		<pubDate>Thu, 10 Sep 2009 00:09:35 +0000</pubDate>
		<dc:creator>tymothyson</dc:creator>
				<category><![CDATA[Commentary]]></category>

		<guid isPermaLink="false">http://fedfilter.wordpress.com/?p=1589</guid>
		<description><![CDATA[
NY Times, LA Times, and Washington Post only reported on Van Jones’ post-resignation status.  They failed to inform the public of Obama’s initial appointment of this publicly self-avowed Communist as the new Green Collar Economy Czar, expected to produce &#8220;green jobs&#8221; from a limited Curricula Vitae of community organizing of public protests.  Sound [...]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=fedfilter.wordpress.com&blog=4149987&post=1589&subd=fedfilter&ref=&feed=1" />]]></description>
			<content:encoded><![CDATA[<div class='snap_preview'><br /><p><img src="http://fedfilter.files.wordpress.com/2009/09/van-jones.png?w=196&#038;h=300" alt="Van Jones" title="Van Jones" width="196" height="300" class="aligncenter size-medium wp-image-1590" /><br />
NY Times, LA Times, and Washington Post only reported on Van Jones’ post-resignation status.  They failed to inform the public of Obama’s initial appointment of this publicly self-avowed Communist as the new Green Collar Economy Czar, expected to produce &#8220;green jobs&#8221; from a limited Curricula Vitae of community organizing of public protests.  Sound familiar?  </p>
<p>Just another familiar face in Obama’s long line of sketchy associations.  More steeped in Lenin and Marx than Bill Ayers, and as racially charged as Jeremiah Wright, this figure is the best of both worlds.  Add in his outspoken conspiracy theory that the Bush Administration planned 9/11, and you have a full-fledged whack-job leaving everyone wondering is there anyone checking I.D.s at the door!?  </p>
<p>This guy has all the traits that make a great Liberal: self-loathed nationalism, civil rights gone haywire, and a communist agenda at the core.  Obama is building a dream team and this guy was first on the draft list.  However, Van Jones was dropped from the 3 dozen or so “Czars.”  You can chalk it up to the convenient dumping of relationships with people no longer considered politically-convenient for Obama.  </p>
<p>What is troubling is the sound of “Czar,” which shares an etymology with “Kaiser,” and can be traced back to “Caesar” and other supreme authorities and kings who held absolute, unchecked power.  Even more troubling is that these Czars are functioning with the authority and power of presidential cabinet members as a part of the executive branch, except without the process of Congressional confirmation.  The most troubling thing: Representative government does not seem to matter to this former Constitutional Law Prof. </p>
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			<media:title type="html">tymothyson</media:title>
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		<title>FDIC Aint Wit Bein&#8217; Broke</title>
		<link>http://fedfilter.wordpress.com/2009/09/01/fdic-aint-wit-bein-broke/</link>
		<comments>http://fedfilter.wordpress.com/2009/09/01/fdic-aint-wit-bein-broke/#comments</comments>
		<pubDate>Wed, 02 Sep 2009 03:20:46 +0000</pubDate>
		<dc:creator>marsupiol</dc:creator>
				<category><![CDATA[Commentary]]></category>
		<category><![CDATA[Filter Melodies]]></category>

		<guid isPermaLink="false">http://fedfilter.wordpress.com/?p=1586</guid>
		<description><![CDATA[
The FDIC is BROKE in terms of present capital and even just the 416 troubled banks.
The FDIC will approach the US Treasury within ten weeks for additional funding.
The FDIC must, as their funds are falling towards zero.
The FDIC will be restocked with funds by the US Treasury.
The FDIC then becomes another form of QE.
The Chinese are [...]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=fedfilter.wordpress.com&blog=4149987&post=1586&subd=fedfilter&ref=&feed=1" />]]></description>
			<content:encoded><![CDATA[<div class='snap_preview'><br /><p><span style="text-align:center; display: block;"><a href="http://fedfilter.wordpress.com/2009/09/01/fdic-aint-wit-bein-broke/"><img src="http://img.youtube.com/vi/UPszbyrDN_I/2.jpg" alt="" /></a></span></p>
<p><span style="font-size:10pt;font-family:Arial;">The FDIC is <strong>BROKE</strong> in terms of present capital and even just the 416 troubled banks.<br />
The FDIC will approach the US Treasury within ten weeks for additional funding.<br />
The FDIC must, as their funds are falling towards zero.<br />
The FDIC will be restocked with funds by the US Treasury.<br />
The FDIC then becomes another form of QE.<br />
The Chinese are publicly opposed to a continued QE dollar program.</span></p>
<p><span style="font-size:10pt;font-family:Arial;">This adds more fuel to the fire that this coming winter will be extremely difficult for the US dollar.</span></p>
<p><strong>The Coming Deposit Insurance Bailout<br />
Another lesson that federal guarantees aren’t free.</strong></p>
<p><em>Americans are about to re-learn that bank deposit insurance isn’t free, even as Washington is doing its best to delay the coming bailout. The banking system and the federal fisc would both be better off in the long run if the political class owned up to the reality.</em></p>
<p><em>We’re referring to the federal deposit insurance fund, which has been shrinking faster than reservoirs in the California drought. The Federal Deposit Insurance Corp. reported late last week that the fund that insures some $4.5 trillion in U.S. bank deposits fell to $10.4 billion at the end of June, as the list of failing banks continues to grow. The fund was $45.2 billion a year ago, when regulators told us all was well and there was no need to take precautions to shore up the fund.  <a href="http://online.wsj.com/article/SB10001424052970204731804574385072164619640.html?mod=loomia&amp;loomia_si=t0:a16:g2:r1:c0.324866:b27452892">More&#8230;</a></em></p>
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			<media:title type="html">marsupiol</media:title>
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