Today on the Glenn Beck radio program he and his team played audio from a recent Obama speech on immigration. I heard this on the way to work and feel compelled to have as many people as possible listen to it. In just a few sentences Obama manages to lie, make stuff up, impose morals and quote scripture. I thought all of that was bad, at least according to the left. It sure is hard to keep things straight under the rule of liberal hypocrisy.
This excerpt is from Glenn Beck’s Insider Extreme access, I highly recommend it. You get live video access to his three-hour radio program, plus a fourth hour of extra content, plus lots of other informative stuff. I’m not paid to say that, I just want to give credit where appropriate. I don’t think he will mind me sharing this short segment in an effort to get the word out about this excellent example Obama’s ridiculous stance on the border and the hypocrisy and double-standard of our liberal administration. If he asks me to take this down I will certainly do so.
Yesterday the Fed announced that it will be printing up to $900 billion in new money to buy bonds. Let’s ignore for a moment the fact that this equates to monetizing the debt, which Fed Chairman Ben Bernanke said under oath that he would not do.
Why do the actions of the Fed scare me, and why should they scare you? Because the Fed is led for the most part by people with no actual corporate experience, With the exception of three of the sevetneen Fed leaders, all of them entered the government work pool out of college and have no real corporate, job producing, paycheck writing experience.
The Fed board, with the exception of one member, has zero corporate experience, Elizabeth Duke held leadership roles at several banks prior to joining the Fed. Of the dozen current reserve bank presidents, only two have real experience in the private sector. Both of them are former military too, go figure. Here’s how it breaks down, all data below comes from federalreserve.gov. If something is missing, blame the Fed.
The Fed Board:
- Ben Bernanke – Has never had a real job, he has been in academia and the government his entire life.
- Janet Yellen – Ibid.
- Kevin Marsh – Before the fed he spent seven years at the Mergers/Acquisitions division of Morgan Stanly (95-02, a SWEET time to be there)
- Elizabeth Duke – Prior to Fed she was COO of Townbank, EVP at Wachovia and SouthTrust, CEO at Bank of Tidewater (VA).
- Daniel Tarullo – Lawyer, worked for the government straight out of law school. Never had a real job.
- Sarah Raskin – Ibid Another law student to government migration. No real work experience.
Reserve Bank Presidents:
- Boston – Eric Rosengren, joined the Fed out of college in 1985.
- New York – Wiliam Dudley, 20 years at Goldman Sachs prior to joining Fed in 2009.
- Philadelphia – Charles Plosser, pure academia, Joined Fed in 2006, prior served as board advisor or consultant to Chase among others.
- Cleveland – Sandra Pianalto, joined the Fed out of college in 1983
- Richmond – Jeffrey Lacker, academia only prior to joining the Fed in 2004.
- Atlanta – Dennis Lockhart, Marine from ’68-74, worked Citi from ’71-88, worked all over the world, Heller Financial from ’88-01, equity firm ’01-03, academia, then Fed in 2007.
- Chicago – Charles Evans, pure academia prior to joining Fed in 2007.
- St. Louis – James Bullard, pure academia prior to joining Fed in 2008.
- Minneapolis – Narayana Kocherlakota, pure academa prior to joining Fed in 2009.
- Kansas City – Thomas Hoenig, joined the fed out of college in 1973.
- Dallas – Richard Fisher, started in private sector, worked as asst. to Carter’s Secretary of the Treasury, went back to private sector. Joined Fed in 2005.
- San Francisco – John Moore, joined last month, filling the seat until replacement is found. Joined Fed out of college in 1980.
Does the list above give you any confidence that the Fed is leading America in the right direction? They are academics playing with a big monetary toy. I personally don’t like this game, the stakes are far too high for me. Take a look at the video below and tell me where you think Glenn Beck has it wrong.
If you ever want to take the political pulse of America, just grab some popcorn and watch any twitter hash tag from the conservative right. For your reading pleasure I offer you the following sample of tweets from the left aimed at Glenn Beck’s Restoring Honor Rally.
- DeepVision: RT @Twit_ster: @GlennBeck is a for-profit prophet, while @SarahPalinUSA is a shrill shill #p2 #tcot #828 #fox
- GOPfailorg: Rather than #restoringhonor #GlennBeck should have drank himself to death when he had the chance. #mlk #828 #gbdc
- BrettR4763: RT @RedPlebiscite: Via “@ajit8uk scumbag in chief #GlennBeck called #MLK Jr. a radical socialist earlier this year: http://tinyurl.com/ycx4pc8 #p2 #828 #tcot
- ExcessiveForceX: Buy all the Gold you can at #Goldline The world is ending and @GlennBeck will provide the tainted kool aid #828 #gbdc #kill #yourself
- ACFD23; RT @Bro_Pair: If @GlennBeck is aspiring to be MLK today, inspire yourself to become Malcolm X – by any means necessary. Wear #tcot skins as a trophy
- JTmeep: RT @lysana: .@SarahPalinUSA @GlennBeck The Restoring Honor rally was supposed to be apolitical by IRS law. You advocated for GOP. You lied. As usual.
- brineman: @angelsmomaw I’m a Lefty (so we can agree to disagree on @GlennBeck’s VALUE), but the public saw #RestoringHonor as a gimic; it’ll hurt him
- scottelloco: @SarahPalinUSA and #GlennBeck somehow manage to echo 1930s Germany, 1950s Cuba and 1960s America simultaneously in the same speech.#headache
- Mikebruijn: #GlennBeck does not know what respect is, @$$hole
- pari_passu: @glennbeck @SarahPalinUSA You’re both disgusting. Hypocrisy, bigotry and greed under the guise of patriotism; pathetic. #p2 #p21
- mdurwin: RT @IamSauerkraut: With respect to civil rights, the difference between James Earl Ray and @glennbeck is that Ray used a rifle.
- Bro_Pair: The image on the news tonight: the charred corpses of @SarahPalinUSA and @GlennBeck trussed and hanging from cherry trees.
- SPacer01: Why are #GlennBeck’s legions overwhelmingly overweight and ugly? And why re they crowding out everything in DC #justGoAwayPlease
- KevinP64: RT @Tx4Obama: @glennbeck Hey Beck, YOU can NOT reclaim ‘honor’ that YOU have NEVER had. #gop #tcot #teaparty #palin #p2 #Obama #msnbc
- Bro_Pair: I’m serious. Kill more of them before they can get you. Batter #GlennBeck into the Potomac Feast on their drowned corpses in rivers of blood
I didn’t cherry pick these, I just scrolled down the list I had in my TweetDeck cache. Keep it classy libs. Free speech is a right, making a complete fool of yourself is purely optional.
