George Rebane

HR1207 is a widely supported bill to put in place a law that finally after 96 years will seek an audit of the deep dark ongoings at our Federal Reserve.  Here’s an open letter that appeared in the 7may09 Washington Times.  And you wanna see some real first rate blather at a Congressional hearing, then look at this video of the Inspector General Coleman of the Federal Reserve making it obvious for all to see that its function is pure cover-up.  The question I have is – why would ANYONE in the House of Representatives not want to co-sponsor HR1207?  Ask your electeds.  H/T to RR reader MM.

National Preparedness Month this September takes on special meaning now that the WHO is predicting that H1N1 (swine) flu will infect at least two billion people worldwide and may return with a vengeance before it’s over – that’s almost one out of every three on the planet.  Here’s a good government site worth surfing to keep you informed and get preparedness advice for all kinds of big emergencies.  But they did leave out how to keep your guns and grenades supply stocked and at the ready 😉

GM, on the ropes and breathing hard, is attempting to sell some cars on the free market, competing against competitors not in the same straits.  The media reports that GM is throwing a sales party for 500 large customers (fleet buyers, various government agencies, big distributorships, etc) at a posh Arizona resort.  The sheeple are supposed to be hyperventilating at this report because GM has been taking bailout money.  And well they might, because critical thought went home a long time ago.  What seems to escape the thinkers out there is that GM’s customers don’t care if it has problems, they want to see business as usual from a company that wants to project an image of regained health and perseverance.  The feds, of course, don’t understand this, and are excoriating GM management while still requiring that they sell more cars.  And that’s where we’re headed when the Politburo starts running our companies and industries.

Let’s see, BofA was a healthy bank and not in trouble when it was forced to take TARP money, with government guarantees take over Countrywide, and then with a gun to its head, “buy” Merrill Lynch.  As a result of some recent dodgy ‘stress tests’ the feds are now acting as if BofA has been a poorly run company while they refuse to accept the payback of its TARP funds so they can stay in control.  More Politburo shenanigans.