Why Do People Talk About Lent?

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Ron Paul's Texas Straight Talk 4/4/11: The Fed Undermines Foreign Policy

paul.house.gov http Last week I was both surprised and pleased when the Supreme Court upheld lower court decisions requiring the Federal Reserve Bank to comply with requests for information made by Bloomberg under the Freedom of Information Act ("FOIA"). Bloomberg simply wanted to know who received loans from the Fed's discount window in the aftermath of the 2008 financial market crisis, and how much each entity received.

. Surely this is basic information that should be available to every American taxpayer. But the Fed fought tooth and nail all the way to the Supreme Court to preserve their privileged secrecy. However, transparency and openness won the day. There are some 29000 pages to decipher, but a few points stand out initially. The Fed lent huge sums of our money to foreign banks. This in itself was not surprising, but the actual amount is staggering! In one week at the height of the crisis, about 70% of the money doled out went to foreign banks. We were told that bailing out banks was going to stave off a massive depression. Depression for whom? We now know that the Fed's bailout had nothing to do with helping the American people, who have gotten their depression anyway with continued job losses and foreclosures. But now we learn that a good deal of the money did not even help American banks! In light of recent world events, perhaps the most staggering revelation is that quite a bit of money went to the Arab Banking Corp., in which the Libyan Central Bank owned ...

4.47 min. | 4.9375 user rating

Jim Jones Talks New Abum - CAPO

This week Harlem MC Jim Jones released his fifth studio album entitled CAPO. The album, which was released independently on E1, features a who's who of music with collaborations with Raekwon, Ashanti, Prodigy, Lloyd Banks, Snoop Dogg, Wyclef, Cam'ron, Wacka Flacka Flame, Lloyd and Dip Set. Jones' first single "Perfect Day" featuring **** Santana and Logic is sure to be a crossover hit, climbing up the charts last week with 108 spins as well as earning MTV2's Jam of the Week. Jones also lent a hand co-directing the video along side Zeus Morand which Jones says is dedicated to people suffering from Cancer as well as the soldiers fighting abroad.

. "I lost my grandmother from cancer," Jim Jones explained. "I always wanted to dedicate something to her. The video is dedicated to anyone that's affected by cancer, or have cancer or families that's been affected by cancer. And for the soldiers that don't get to come home who have been at war for so long," said Jim Jones. The CAPO sat down with AllHipHop.com's Gina Torres to talk about the new album and what his fans can expect this time around. Check out the video below.

2.92 min. | 3.4 user rating

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