Elizabeth Warren discusses how the dreams of the middle class american family are being depleted by the dramatic increase in bankruptcies and foreclosures. Warren discusses the role that credit card companies and ballooning interests rates have played in rapidly increasing mortgage rates as well as the how the over consumption myth is clouding our understanding of the average middle class family, who is in fact experiencing a lower standard of living than their parents and still finding themselves one payment away from losing their home.
Elizabeth Warren is the Leo Gottlieb Professor of Law at Harvard Law School and chaired the Congressional Oversight Panel created to investigate the U.S. banking bailout .
This program originally aired in April 2004. it is being re-aired because Professor Warren’s predictions of economic disasters and the reasons for them have proven correct, and she is a candidate to head a commission to guard against recurrence.
The Massachusetts School of Law also presents information on important current affairs to the general public in television and radio broadcasts, an intellectual journal, conferences, author appearances, blogs and books. For more information visit http://www.mslaw.edu
In a puzzling, unexplained development, the Obama administration has been buying and storing vast amounts of ammunition in recent months, with the Department of Homeland Security just placing another order for an additional 21.6 million rounds.
Several other agencies of the federal government also began buying large quantities of bullets last year. The Social Security Administration, for instance, not normally considered on the frontlines of anything but dealing with seniors, explained that its purchase of millions of rounds was for special agents’ required quarterly weapons qualifications. They must be pretty poor shots.
But DHS has been silent about its need for numerous orders of bullets in the multiple millions. Indeed, Examiner writer Ryan Keller points out Janet Napolitano’s agency illegally redacted information from some ammunition solicitation forms following media inquiries.
According to one estimate, just since last spring DHS has stockpiled more than 1.6 billion bullets, mainly .40 caliber and 9mm. That’s sufficient firepower to shoot every American about five times. Including illegal immigrants.
To provide some perspective, experts estimate that at the peak of the Iraq war American troops were firing around 5.5 million rounds per month. At that rate, DHS is armed now for a 24-year Iraq war.
Well gosh I can’t imagine why they think they’d need to be killing americans wholesale. Just because they’ve signed us on to massive amounts of fake debt that we didn’t incur after exporting most of our industrial infrastructure abroad, which will inevitably lead to mass joblessness, homelessness and starvation under the shock doctrine. But I guess most people think it’s all just another TV show which won’t affect them, as if this tragicomedy hasn’t come to life in countless countries around the world. I suspect the electricity will be the last utility to go out, just to keep people glued to the screen until the roundups begin.
Anyone with half a brain has known what to expect ever since the wall street bailouts of 2008. It’s just a matter of arithmetic. The money that is spent to pay back fake debt can’t be used to feed, house or clothe yourself. Don’t act as if you’re surprised.
A provider of “realistic” shooting targets to the Department of Homeland Security and other federal agencies has created a line of “non-traditional threat” targets that include pregnant women, [children,] mothers in playgrounds and elderly American gun owners. …
Will they stage another false flag attack to justify a crackdown? Maybe the easter bunny will set off a nuke. Or maybe the founders will come back to life as zombies and start a zombie revolution, and if you support the constitution you’re one of them. Or maybe they’ll stage an assassination of obama (real or not) and blame all white people, and if you don’t disarm you’re a racist. Heck, maybe they’ll just redefine all civilians as terrorists and proceed accordingly. These a-holes are nothing if not inventive, and there seems to be no shortage of fools who will believe anything they’re told.
Obama should watch his back, he may be more valuable to the banksters as a martyr than as a puppet.
When will someone question the SEC under oath about their destruction of evidence of insider prior knowledge of 9/11?
I guess they won’t, and that’s an admission in itself.