Free Republic

Homeland Insecurity: The White House assures that tracking our every phone call and keystroke is to stop terrorists, and yet it won't snoop in mosques, where the terrorists are. That's right, the government's sweeping surveillance of our most private communications excludes the jihad factories where homegrown terrorists are radicalized. Since October 2011, mosques have been off-limits to FBI agents. No more surveillance or undercover string operations without high-level approval from a special oversight body at the Justice Department dubbed the Sensitive Operations Review Committee. Who makes up this body, and how do they decide requests? Nobody knows; the names of...

“If you check President Obama’s last trip over-seas, his wife left just after their visit to France . She has yet to accompany him to any Arab country. Think about it. Why is Michelle returning to the states when ‘official’ trips to foreign countries generally include the First Lady.” Here’s one thought on the matter. While in a Blockbuster renting videos I came across a video called “Obama”. There were two men standing next to me and we talked about President Obama. These guys were Arabs, so I asked them why they thought Michelle Obama headed home following the President’s...

Rep. Cathy McMorris Rodgers (WA-05) and Sen. Jim DeMint (R-SC) Dec 8 - With the European debt crisis dominating the news and threatening to pull the world into a double-dip recession, there are growing calls for Uncle Sam to come to the rescue. The U.S. is already committing untold billions to the $1.4 trillion European bailout fund, but that's not enough, according to some European leaders and even U.S. politicians. They say that while the EU bailout is costly, it's also necessary. They are only right about the cost. These endless bailouts are not only unnecessary, but are in fact...

The first ever GAO(Government Accountability Office) audit of the Federal Reserve was carried out in the past few months due to the Ron Paul, Alan Grayson Amendment to the Dodd-Frank bill, which passed last year. Jim DeMint, a Republican Senator, and Bernie Sanders, an independent Senator, led the charge for a Federal Reserve audit in the Senate, but watered down the original language of the house bill(HR1207), so that a complete audit would not be carried out. Ben Bernanke(pictured to the right), Alan Greenspan, and various other bankers vehemently opposed the audit and lied to Congress about the effects an...

As expected, the Fed has just bailed out the world once again: FED, ECB, BOJ, BOE, SNB, BANK OF CANADA LOWER SWAP RATES - BBG ECB, FED other major central bank to lower the pricing of existing USD liquidity swaps by 50BPS And as we have been writing every single day, the worldwide dollar crunch is now confirmed: At present, there is no need to offer liquidity in non-domestic currencies other than the U.S. dollar And finally, a promise to bailout Bank of America when it hits $4.00 again: U.S. financial institutions currently do not face difficulty obtaining liquidity in...

For Barack Obama, "leading from behind" has never looked so ... decisive. With Libyan rebels celebrating in downtown Tripoli, and Muammar el-Qaddafi apparently in hiding, the president's supporters are claiming vindication for a much-criticized approach to regime change in the Arab world. Obama's strategy amounted to staying resolutely behind the scenes throughout the five-month NATO air operation. To wit: Don't say the United States is openly engaged in ousting Qaddafi. Don't even concede the United States is going to war. Take cover behind a political imprimatur for action from the Arab League and United Nations, and let Europe lead the...

Part 1, Article 1: “Islam is the Religion of the State, and the principal source of legislation is Islamic Jurisprudence (Sharia).”

The Pentagon says attacks by armed Predator unmanned planes have risen to 1.4 a day. Washington (CNN) -- As the rebels in Libya push closer to ending the regime of embattled Col. Moammar Gadhafi, U.S. warplanes have been increasing their attacks on government positions as part of the NATO campaign. New numbers released by the Pentagon on Monday show that the number of U.S. air attacks on Libyan air defenses, ground forces and other targets has nearly doubled over the past 12 days, compared with air attacks in the first 132 days of the NATO mission. There was an average...

Moammar Kadafi’s fall from power would be a vindication of the Obama administration’s strategy in Libya after the president endured months of criticism for “leading from behind” and letting European allies take a more upfront role in fighting Kadafi’s forces, a former adviser to Obama said. “The administration is entirely vindicated,’’ said Bruce Riedel, a senior fellow with the Brookings Institution who has advised three presidents on the Middle East and south Asia. “They said from the beginning that the primary actor here needed to be the Libyans and they weren’t going to put boots on the ground.’’ After briefly...

Representative Thaddeus McCotter (R-MI) formally announced his White House bid last week. Yesterday, in an interview with John Roberts on Fox News, he took aim at Romney, slamming the "Obama-Romney economy." "Unemployment rising, people struggling in the Obama-Romney economy," McCotter tweeted Friday. The congressman expanded on that critique during a Saturday interview with Fox News. "We have Obama as the champion of big government, we see Romney as champion of bail out banks in Wall Street bailout. They are less rivals than they are running mates," he said. Representative McCotter defended his support of auto bailouts, "saying he's [in] favor...

Should we be borrowing money from China to turn around and give it to the Muslim Brotherhood? Given that we are running massive deficits and are drowning in more than $14 trillion in debt, and despite not knowing who will rule Egypt until its election this fall, this strange strategy may be the end result given President Obama’s announcement that he is committing $2 billion to Egypt’s “new government.” It’s part of a $20 billion foreign aid package laid out with the Group of 8 countries in Europe today. Now, given that Egypt has a history of corruption when it...

One may be forgiven to believe that via its FX liquidity swap lines the Fed only bailed out foreign Central Banks, which in turn took the money and funded their own banks. It turns out that is only half the story: we now know the Fed also acted in a secondary bail out capacity, providing over $350 billion in short term funding exclusively to 35 foreign banks, of which the biggest beneficiaries were UBS, Dexia and BNP. Since the funding provided was in the form of ultra-short maturity commercial paper it was essentially equivalent to cash funding. In other words,...

I've come to the realization that Obama likes War. He is not a peacenik like Jimmy Carter. Instead, he is at war with our values, religious, moral and constitutional. He is at war with our healthcare. He is at war with our capitalism. He is at war with our children as he shreds their future piling up debt. He is stirring up war between races, between poor and rich, between muslim and others, between blue states and red states. There is no respect in this man. He talks down to Americans, telling them what he wants them to do, lecturing...

According to an article in the United Kingdom's Telegraph, in October of 2009, President Barack Obama's adivsor on Muslim affairs, Dalia Mogahed, went on Islamic television with members of the radical Islamic group Hizb ut Tahrir and defended their blatant call for the overthrow of all "man-made law"—which includes the United States Constitution—and the adoption of Islamic Sharia law as "the source of legislation"

Not even sure where to start. Wednesday I saw a story stating Soros bought Citi for $1.3 Billion dollars and doubled his stake in Gold. Yesterday, I saw a story stating IMF was about to sell tons of Gold. Also yesterday, I saw a story stating China had sold our treasury bonds in a plan to buy Gold. So I started digging. I know, you're shocked. LOL. Here's the facts and links. Connect the dots. Let's start at the beginning. When Obama was elected, one of the first things he did was give $108 Billion dollars to the International Monetary...

Islamic megabank to launch in 6-12 months Thu, Feb 18 2010 MANAMA (Reuters) - The creation of a planned Islamic investment megabank is in "fairly advanced stages" and it will likely be launched in the next six to 12 months, an executive at a firm advising on the project said on Thursday. A plan to form the world's largest sharia-compliant lender -- which is being promoted by the chairman of Al Baraka Banking Group Sheikh Saleh Abdulla Kamel -- has been in the works for some years. Sheikh Saleh said last April the global financial crisis had delayed the project,...

MAJOR FOREIGN HOLDERS OF TREASURY SECURITIES (in billions of dollars as of 12/09) China, Mainland 789.6 Japan 757.3 United Kingdom 2/ 277.5 Oil Exporters 3/ 187.7 Carib Bnkng Ctrs 4/ 179.8 Brazil 157.1 Hong Kong 146.2 Russia 128.1 Luxembourg 91.7 Taiwan 78.4 Germany 53.6 France 47.5 Canada 46.6 Korea, South 39.1 Ireland 38.8 Singapore 36.4 Thailand 31.7 India 31.6 Turkey 29.6 Norway 26.2 Mexico 26.2 Egypt 25.3 Netherlands 20.3 Sweden 19.4 Italy 19.1 Israel 16.6 Colombia 15.6 Belgium 15.3 Chile 12.2 Philippines 12.2 Australia 11.5 Malaysia 11.1 All Other 142.3 Grand Total 3597.5 Of which: For. Official 2404.6 Treasury Bills...

Adding insult to injury, the U.S. government has paid private firms nearly $160 million, to distribute funds from its severely mismanaged and fraud-infested program to bail out the nation’s financial institutions. Rife with waste and abuse the $700 billion Troubled Asset Relief Program (TARP) has already proven to be a troubling experiment of U.S. tax dollars with virtually no oversight. In fact, dozens of criminal investigations have been launched into the controversial bailout and the risk is only going to grow, according to a Treasury Department Inspector General report issued last spring. So far investigations have centered on securities fraud,...

While many accounts have been written about the extremely 'shady' dealings which Goldman Sachs has/had with AIG – which led directly to AIG's $180 billion bail-out – unless I've missed it, one of the key issues has been soft-pedaled and another has been ignored altogether. These two topics which I intend to discuss are a) that Goldman Sachs used AIG as its financial 'toilet'; and b) that Goldman Sachs had begun openly and deliberately misrepresenting assets/investments to investors starting in 2006 or 2007 – at a time when all the other banker-oligarchs were continuing to assert their “mark to model”...

This week we broke the story of possible criminal wrongdoing in the government takeover of insurance giant AIG. In the last several months, the US government has tried, unsuccessfully, to throw out plaintiff Kevin Murray’s case, alleging that the government’s takeover of AIG puts it in the position of supporting and promoting Islam and Shariah finance. In the discovery process attorneys for Murray, David Yerushalmi and Robert Muise (of the Thomas More Law Center), discovered that the takeover itself may have been illegal, and have attempted to get Treasury Secretary under oath to try and untangle this mess. Again, the...