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Funding Iran directly funds terrorism because the Iranian regime is effectively a terror state. Back in the Senate, Obama fought against the classification of the Revolutionary Guard, a key Iranian political-military institution, as terrorists. He's remained consistent since then. 3. This is simply treason. Obama is aiding and abetting the murder of Americans. He's funding terrorism. He's funding Iran's wars in the region, which aside from Israel, include campaigns in Iraq and Syria that have dragged the United States in. The Obama administration secretly organized an airlift of $400 million worth of cash to Iran that coincided with the January...

The questioner (Rep. Richard Shelby, R AL) just asked Mrs. Yellen if foreign banks operating in the US were held to the same capital standards as US banks. She responded [paraphrase] that "we have asked foreign banks to create holding companies in the US to contain their US operations"...Meaning that, apparently, such banks are not held to the same capitalization standards (6 years into the Great Financial Crisis) and have therefore a competitive advantage.

Sen. John McCain (R-Ariz.) on Sunday expressed opposition to possible GOP efforts to filibuster a Senate gun-control measure, saying he did not “understand” the move to block debate. “I don’t understand it,” said McCain on CBS’s “Face the Nation.” “The purpose of the United States Senate is to debate and to vote and to let the people know where we stand.” “What are we afraid of? Why would we not want… if this issue is as important as all of us think it is, why not take it to one of the world’s greatest deliberative bodies… A number of GOP...

Those who have been following our exclusive series of the Fed's direct bailout of European banks (here, here, here and here), and, indirectly of Europe, will not be surprised at all to learn that in the week ended February 27, or the week in which Europe went into a however brief tailspin following the shocking defeat of Bersani in the Italian elections, and an even more shocking victory by Berlusconi and Grillo, leading to a political vacuum and a hung parliament, the Fed injected a record $99 billion of excess reserves into foreign banks. As the most recent H.8 statement...

URL only as Bloomberg cannot be posted: Business Week: Foreign Banks used Federal Reserve Secret Lifeline at peak of CrisisBloomberg: Foreign Banks used Federal Reserve Secret Lifeline at peak of Crisis

One of the biggest secrets of the financial crisis was disclosed Thursday when the Federal Reserve released thousands of pages of data showing heavy discount-window borrowing by foreign banks, regional U.S. banks and institutions fighting for survival. It was the first time the Fed has given details about banks that borrowed from the central bank's oldest emergency-lending facility. Thursday's move was forced by lawsuits filed by Bloomberg LP's Bloomberg News and News Corp.'s Fox Business Network, and last year's Dodd-Frank law requires the Fed to disclose future borrowings after a two-year lag. Details of other rescue programs by the Fed...

For an outfit whose policies supposedly are plunging the world into unspeakable conflict, the Federal Reserve is doing an awful lot to avoid another meltdown. The Fed said Tuesday it would extend the dollar swap lines it provides to central banks in Europe, Japan and Canada in a bid to avoid a cash crunch like the ones seen to such devastating effect in 2008. Your dollars, our problem? The swap lines, under which the Fed provides foreign central bankers with essentially unlimited stocks of dollars in exchange for the equivalent amount of the counterpart's currency, are intended to help head...

BEGIN TRANSCRIPT RUSH: Let's go back, audio sound bite-wise, to me on my program, this program. This is March 12th of this year... RUSH ARCHIVE: The TARP money was not used for its original purpose. There's something else out there, Jordan, you need to know. The Federal Reserve, before the TARP bailout, made loans totaling $2 trillion and they will not tell us to whom. We don't know who got the money. Whether the Fed loans it or the government prints it, it's our money. So you can talk about the $700 billion TARP. You can talk about the $787...

At least Campbell Brown of CNN (http://www.cnn.com/CNN/Programs/campbell.brown/) has mentioned it today. A.I.G. Reveals Biggest Beneficiaries of Its Rescue March 15, 2009, 5:16 pm E-mail This Update | 8:49 p.m. The American International Group on Sunday released the names of financial institutions that benefited last fall when the Federal Reserve saved it from collapse with an $85 billion rescue loan and then three subsequent bailouts. The disclosure included counterparties to both its credit default swap operations and its securities lending businesses, both of which contributed heavily to A.I.G.’s troubles, as well as to muncipalities who participated in certain investment programs. All...

AMERICANS are justifiably furious about the $165 mil lion in bonuses paid at AIG. But what if, instead of subsidizing only incompetence, AIG had also sent billions of your tax dollars to people who'd laundered money for terrorist states, helped Americans cheat on their taxes and banked for the Nazis? Well, it did. Earlier this week, AIG revealed that it had paid $5 billion of its bailout money to the Swiss bank UBS. It's richly ironic that US taxpayer dollars are making UBS whole. At every opportunity, UBS has shown contempt for the American government banking for America's enemies, and...

Riggs Bank yesterday admitted it was criminally liable for failing to take adequate measures to prevent potential money laundering by former Chilean dictator Augusto Pinochet and officials of Equatorial Guinea. Riggs pleaded guilty to one felony count of failing to file suspicious activity reports and agreed to a fine of $16 million. The fine, if approved by U.S. District Judge Ricardo M. Urbina on March 29, will bring to $41 million the total civil and criminal penalties paid by the 160-year-old bank to resolve anti-money-laundering deficiencies in its former embassy and international operations. (snip)