kucinich explains quotliborquot
Bookmarked 709 weeks ago
quotlate last month barclay039s bank a multinational bank and financial institution based in the united kingdom admitted to regulators that it tried to manipulate something called quotliborquot before and during the financial crisis in 2008 quotliborquot is an acronym for london interbank offered rate it is a rate used as a benchmark for the cost of lending throughout the financial system and it is also used as a reference rate for a wide range of financial products like car loans adjustable-rate mortgages student loans and credit cards quotthe libor is not based on an objective measure of the interest for bank-to-bank loans it is the average of a daily poll of the association039s member banks who give an estimate of the interest rate they think they would pay if they sought to borrow from another bank quotit is supposed to be the way the financial system assesses the overall health of the financial system because if the banks being polled feel confident about the state of things they report a low number because they assume that if they had to borrow from another bank their cost of borrowing would be low if member banks feel a low degree of confidence in the financial system they report a higher interest rate and from that the libor is calculated affecting the interest rate on financial products around the globequotwhat has emerged from the barclay039s bank inquiry is evidence that banks may have in fact been deliberately manipulating libor rates for years the evidence so far is that one arm of a bank responding to the libor poll would change their number based on what another arm of the same bank wantedand that other arm could consist of the bank039s traders who make their money on whether the rate goes up or down this means that millions of consumers investors and businesses have been paying the wrong interest rate or rather they haven039t been paying an interest rate that is set according to some legitimate benchmark instead they are paying a rate based on a gentlemen039s agreement at financial institutions a method that practically incentivizes those banks to game the system to maximize their profits quotand remember the british bankers association the group that is responsible for setting the rate is not a government agency it is just a trade group of big banks-- bank of america jpmorgan chase and deutsche bank and others--whose decisions on such a crucial number are not based on honest accounting or rules or regulatory oversight but on a gentlemen039s agreement of honesty quotwe don039t know just how deep this scandal goes but the fact is that if a fundamental component of our financial system has been or is being manipulated we have the right to know about it banks are not above the law and they should not be allowed to operate in secrecy especially when they have a history of taxpayer bailout and when we are forced to rely on them to provide capital for economic growthquot

ron paul town hall meeting in meredith new hampshire
Bookmarked 736 weeks ago
january 08 2012 c-span http:moxnewscom

understanding the tax plans of donald trump and ted cruz
Bookmarked 511 weeks ago
in which john compares the tax proposals of republican presidential candidates ted cruz and donald trump and also discusses the current us federal income tax system and the size and scope of federal budget sources and much more background available below:why not john kasich because his tax proposal has too few details to analyze meaningfully http:wwwtaxpolicycenterorgtaxvoxgovernor-kasich-tell-us-your-tax-ideasthe nonpartisan tax policy center039s analysis of ted cruz039s tax plan: http:wwwtaxpolicycenterorgpublicationsanalysis-ted-cruzs-tax-planfullthe right-leaning center for federal tax policy039s analysis of ted cruz039s taxation proposals: http:taxfoundationorgarticledetails-and-analysis-senator-ted-cruz-s-tax-planthe nonpartisan tax policy center039s analysis of donald trump039s tax proposals http:wwwtaxpolicycenterorgpublicationsanalysis-donald-trumps-tax-planfullthe right-leaning center for federal tax policy039s analysis of trump039s tax plan: http:taxfoundationorgarticledetails-and-analysis-donald-trump-s-tax-planmore information on ted cruz039s proposed vat or quotbusiness flat taxquot http:taxfoundationorgblogted-cruz-s-business-flat-tax-primerunderstanding the current federal budget of the united states government: https:wwwnationalprioritiesorgbudget-basicsfederal-budget-101spendingand the current state of federal income tax in the united states: https:enwikipediaorgwikiincome_tax_in_the_united_states----subscribe to our newsletter http:nerdfighteriacomnewsletter and join the community at http:nerdfighteriacom http:effyeahnerdfighterscomhelp transcribe videos - http:nerdfighteriainfojohn039s twitter - http:twittercomjohngreenjohn039s tumblr - http:fishingboatproceedstumblrcomhank039s twitter - http:twittercomhankgreenhank039s tumblr - http:edwardspoonhandstumblrcom

herman cain libya gaffe: gop candidate seeks to reassure voters on foreign policy
Bookmarked 743 weeks ago
dubuque iowa -- republican presidential herman cain sought to project a clear sense of national security and foreign policy while campaigning in iowa tuesday a day after botching his answer to a question about his support for the us role in libya on his first trip to iowa since decade-old sexual harassment allegations surfaced cain indirectly addressed the foreign policy problem by telling more than 200 people at a northeastern iowa restaurant that the us needed to leave no doubt about its allies and enemies

andrew revkin: the language of climate change
Bookmarked 754 weeks ago
the words we use to talk about global warming matter why is language important when framing the climate change debate how do different political groups respond to quotclimate changequot versus quotglobal warmingquot

ayn rand on israel and the middle east
Bookmarked 750 weeks ago
1979 ayn rand discusses israel and the middle east on donahue playlist for the full video:http:wwwyoutubecomwatchv=bx-lprsbbeaampampfeature=playlistampampp=cd63bce86ea89f8bampampindex=0ampampplaynext=1

peace activist and ex-cia analyst ray mcgovern beaten arrested for silent protest at clinton speech
Bookmarked 782 weeks ago
democracynoworg -this week us secretary of state hillary clinton gave a major address calling for internet freedom around the world as clinton condemned the egyptian and iranian governments for arresting and beating protesters former us army and cia officer ray mcgovern was violently ejected from the audience and arrested after he stood up and turned his back in a silent protest of america039s foreign policy ray mcgovern joins us from washington dcfor the videoaudio podcast transcript to sign up for the daily news digest and for today039s entire show visit http:wwwdemocracynoworgfollow us:facebook: http:wwwfacebookcomdemocracynowtwitter: democracynowplease consider supporting independent media by making a donation to democracy now today visit http:wwwdemocracynoworgdonateyt

quotwhy is marijuana worse than cocainequot trey gowdy grills clueless national drug policy director
Bookmarked 446 weeks ago
quotwhy is marijuana worse than cocainequot trey gowdy grills clueless national drug policy directortrey gowdy brilliantly exposes marijuana laws and the war on drugstrey gowdy news this is also trey gowdy 2017 and trey gowdy today this is latest news today and breaking news trey gowdy like a boss on this one jason chaffetz left so now trey gowdy is oversight and reform chairman he is featured on fox news all the time this is political news and politics news president trump has been asking congress to get things done donald trump wants outdated laws to be updated during obama administration and russia hysteria people were trying to pass serious legislature to help people in this issue trey gowdy destroys this issue original air date: 726 2017

armed chinese troops in texas
Bookmarked 749 weeks ago
http:revolutionpaccomdefense make sure to like favorite share and comment lets push this to the top this is a message from the quotgodfatherquot of the tea party to obama now that we have killed osama bin laden it is time to end the wars and stop policing the world a little bit of history: the tea party movement started when ron paul raised a record 6 million in 24 hours on the anniversary of the boston tea party in december 2007 here is the usatoday article on that event: http:wwwusatodaycomnewspoliticselection20082007-12-17-ronpaul-fundraising_nhtm this talk is called quotimaginequot and it was given by ron paul on march 11 2009 the original text of the talk is below:imagine for a moment that somewhere in the middle of texas there was a large foreign military base say chinese or russian imagine that thousands of armed foreign troops were constantly patrolling american streets in military vehicles imagine they were here under the auspices of quotkeeping us safequot or quotpromoting democracyquot or quotprotecting their strategic interestsquotimagine that they operated outside of us law and that the constitution did not apply to them imagine that every now and then they made mistakes or acted on bad information and accidentally killed or terrorized innocent americans including women and children most of the time with little to no repercussions or consequences imagine that they set up checkpoints on our soil and routinely searched and ransacked entire neighborhoods of homes imagine if americans were fearful of these foreign troops and overwhelmingly thought america would be better off without their presenceimagine if some americans were so angry about them being in texas that they actually joined together to fight them off in defense of our soil and sovereignty because leadership in government refused or were unable to do so imagine that those americans were labeled terrorists or insurgents for their defensive actions and routinely killed or captured and tortured by the foreign troops on our land imagine that the occupiers039 attitude was that if they just killed enough americans the resistance would stop but instead for every american killed ten more would take up arms against them resulting in perpetual bloodshed imagine if most of the citizens of the foreign land also wanted these troops to return home imagine if they elected a leader who promised to bring them home and put an end to this horrorimagine if that leader changed his mind once he took officethe reality is that our military presence on foreign soil is as offensive to the people that live there as armed chinese troops would be if they were stationed in texas we would not stand for it here but we have had a globe-straddling empire and a very intrusive foreign policy for decades that incites a lot of hatred and resentment towards usaccording to our own cia our meddling in the middle east was the prime motivation for the horrific attacks on 911 but instead of re-evaluating our foreign policy we have simply escalated it we had a right to go after those responsible for 911 to be sure but why do so many americans feel as if we have a right to a military presence in some 160 countries when we wouldn039t stand for even one foreign base on our soil for any reason these are not embassies mind you these are military installations the new administration is not materially changing anything about this shuffling troops around and playing with semantics does not accomplish the goals of the american people who simply want our men and women to come home 50000 troops left behind in iraq is not conducive to peace any more than 50000 russian soldiers would be in the united statesshutting down military bases and ceasing to deal with other nations with threats and violence is not isolationism it is the opposite opening ourselves up to friendship honest trade and diplomacy is the foreign policy of peace and prosperity it is the only foreign policy that will not bankrupt us in short order as our current actions most definitely will i share the disappointment of the american people in the foreign policy rhetoric coming from the administration the sad thing is our foreign policy will change eventually as rome039s did when all budgetary and monetary tricks to fund it are exhaustedcredits:voice and music was done by jeremy hoopvideo animation was done by nicholas bozman and mysterybox http:mysteryboxus

impeach obama 2012 join the national campaign
Bookmarked 722 weeks ago
read full article herehttp:wwwinfowarscomobama-impeachment-2012obama impeachment 2012kurt nimmofilm director producer actor and writer sean stone has thrown his weight behind a resolution introduced in the house last month by north carolina republican walter jones resolution 107 states that should the president use offensive military force without the authorization of congress that such an act would be quotan impeachable high crime and misdemeanorquotarticle i section 8 of the constitution reserves exclusively for congress the power to declare war both thomas jefferson and james madison argued that the power to declare war must reside in the legislative branch of government and the president will only act as the commander-in-chief and direct the war after it is declared by congress quotthe constitution supposes what the history of all governments demonstrates that the executive is the branch of power most interested in war and most prone to it it has accordingly with studied care vested the question of war in the legislaturequot madison wrote in the video stone notes obama039s unconstitutional war on libya was waged quotdespite the fact that the united states was neither attacked nor threatened for attack by the nation of libyaquot secretary of defense leon panetta said during questioning by senator jeff sessions of alabama that the obama administration does not believe congress has the exclusive right to declare war and that the pentagon answers to the united nations not the people of the united states the obama administration quotdoes not believe that the congress has the exclusive power to declare warquot stone notes and quotaccordingly the president should be impeachedquot stone also mentions obama039s facilitation of the banker engineered 2008 quotbailoutquot as an additiojnal reason he should be tried for high crimes and misdemeanors and impeached obama039s efforts worked in favor of the quotconsolidation of private banks many of them in europequotquotthere was no investment of any meaningful type in the physical economy there was no protection of the american peoplequot sean explains quotrather an illegal commitment made on behalf of private banking interests to commit the american people to paying a debt that the american people did not accruequot he rightly notes that obama039s actions quotrepresent the most clear violation of the principal of the general welfare of the people in the preamble of the constitution of the united statesquot in addition to setting the stage for the economic rape of the american people and waging illegal and unconstitutional wars obama has committed a number of other egregious violations of the constitution specifically obama violated the constitution039s takings and due process clauses when he bullied the secured creditors of automaker chrysler into accepting 30 cents on the dollar while political connected labor unions and preferential others better deals in addition the dodd-frank financial quotreformquot bill created the so-called financial protection bureau and financial stability oversight council bureaucratic monstrosities that are now engaged in unchecked and unconstitutional economic action without consulting congress the dodd-frank bill also further empowers the bankster039s preferred cartel the federal reserve which has engaged in unconstitutional activity for nearly a hundred years quotno list of president obama039s constitutional violations would be complete without including the requirement that every american purchase health insurance on penalty of civil fine the individual mandate is unprecedented and exceeds congress039s power to regulate interstate commerce if it is allowed to stand congress will be able to impose any kind of economic mandate as part of any kind of national regulatory scheme fortunately the supreme court has a chance to strike this down during its current termquot writes ilya shapiro a senior fellow in constitutional studies cato institute obama signed into law the ndaa with a provision allowing the military to indefinitely detain american citizens quothe will forever be known as the president who signed indefinite detention without charge or trial into lawquot said the executive director of the aclu anthony romero finally obama may be tried and impeached for signing a large number of executive orders article ii of the constitution provides the president with three options when presented with legislation -- do nothing sign the bill or veto it in its entirety quotobama039s use of signing statements has clearly shown his willingness to continue the george w bush legacy -- not only of torture and illegal detainment but in the dangerous trend of de facto rule by 039executive fiat039 worse such signing statements put in place a precedent for future presidents to follow -- or expand uponquot writes aaron dykes

martin bashir - romney039s conservative critics: stand for something
Bookmarked 710 weeks ago
july 5 2012author and journalist catherine crier lehigh university professor james peterson and the hill039s karen finney hash out complaints by conservative critics -- including the wall street journal editorial board and the weekly standard039s bill kristol-- that mitt romney can039t be just an empty suit with offshore bank accounts if he wants to be elected

president obama on consumer protection
Bookmarked 740 weeks ago
watch and pass it on: http:mybarackobamacompresservidpresident obama had a clear message for senate republicans following their vote to block his nominee to lead the consumer financial protection bureau richard cordray watch the video and pass it on

driving while black in new jersey
Bookmarked 513 weeks ago
a new report from seton hall law school center for policy amp research has found that in the majority-white municipality of bloomfield new jersey nearly 80 percent of traffic tickets are issued to african american and latino driversthe report also found that most tickets were issued to non-resident minority drivers passing through town suggesting a quotde facto border patrolquot policing policy is in effectthe bloomfield police department which has begun collecting data on the race of drivers in traffic stops as of january 2016 rejects the report039s findingsvice news reports on seton hall039s methodology and on the experience of minority drivers in bloomfieldplease note that in this video lakisha finkelstein039s name was misspelled as latisha finkelsteinread the report quotracial profiling report: bloomfield police and bloomfield municipal court - http:bitly20vowhcread quotnypd cops who arrested black mailman have history of alleged civil rights violations - http:bitly1s144igsubscribe to vice news here: http:bitlysubscribe-to-vice-newscheck out vice news for more: http:vicenewscomfollow vice news here:facebook: https:wwwfacebookcomvicenewstwitter: https:twittercomvicenewstumblr: http:vicenewstumblrcominstagram: http:instagramcomvicenewsmore videos from the vice network: https:wwwfbcomvicevideos

why so much tax money is wasted
Bookmarked 508 weeks ago
help me make more videos: http:wwwpatreoncomnerdwritertumblr: http:thenerdwritertumblrcom twitter: https:twittercomtheenerdwriteremail me here: thenerdwritergmailcomwade into the deep boring ocean:brian w head three lenses of evidence-based policy the australian journal of public administration vol 67 no 1 pp 111pew charitable trusts evidence based policymaking: a guide for effective government nov 2014 http:wwwpewtrustsorgmediaassets201411evidencebasedpolicymakingaguideforeffectivegovernmentpdfwayne parsons from muddling through to muddling up: evidence based policy-making and the modernisation of british governmenthttp:wwwflacsoedumxbiblioiberoamericanatempftpcatedra2sem05from20muddling20through20to20muddling20up20parsons20wpdfgovernment panel: discussion on evidence-based policy in governmenthttps:wwwyoutubecomwatchv=zwr9rmwv48ydebra k anderson mucking through the swamp: changing the pedagogy of a social we

michio kaku: how physics got fat and why we need to sing for our supper
Bookmarked 726 weeks ago
http:bigthinkcom scientists need to engage with the public and make statements about the great political issues of the day - because it impacts not just our science budget but actually on our way of lifedirected produced byjonathan fowler ampamp elizabeth rodd