Stalinist Destroying the United States?
Yes!
Yalta Conference
OCC: Volcker Rule Will Cost Banks
Up to $4.3 Billion
Thursday, 20 Mar 2014 05:09 PM
The Volcker Rule
will cost U.S.
national banks as much as $4.3 billion to implement, according to a study by
the Office of the Comptroller of the Currency.
The regulator estimates implementation
costs between $413 million and $4.3 billion for banks it supervises, the OCC
said in a report released Thursday. Most of the potential costs come from the
rule’s curbs on certain holdings, such as in portfolios of some collateralized
debt obligations. The agency also said affected banks will mostly be those with
more than $10 billion in assets and could include as many as seven community
banks.
The Volcker Rule, which bans banks from
trading with their own money and limits their stakes in certain private funds,
was adopted Dec. 10 by five U.S.
financial regulators. The rule, named for former Fed Chairman
Paul Volcker, imposed the restrictions in response to the 2008
credit crisis.
Regulators have already responded to some
Volcker Rule complaints by the banking industry. On Jan. 14, the agencies moved
to shield some collateralized debt obligations backed by trust-preferred
securities after community banks said they would be harmed. The regulators have
since formed an interagency group to coordinate how the multi-agency rule will
be implemented.
Volcker Rule
The Volcker Rule refers to § 619[1] (12 U.S.C. § 1851)
of the Dodd–Frank Wall Street Reform and Consumer Protection Act, originally
proposed by American economist and former United States Federal Reserve Chairman Paul Volcker to restrict United States banks from
making certain kinds of speculative investments that do not benefit their
customers.[2] Volcker argued that such speculative activity played a key role
in the financial crisis of 2007–2010. The rule is often referred to as a ban on
proprietary trading by commercial banks, whereby deposits are used to trade on
the bank's own accounts, although a number of exceptions to this ban were
included in the Dodd-Frank law.[3][4] The rule's provisions were scheduled to
be implemented as a part of Dodd-Frank on July 21, 2012,[5] with preceding
ramifications,[6] but were delayed. On December 10, 2013, the necessary
agencies approved regulations implementing the rule, which were scheduled to go
into effect April 1, 2014.[7] On January 14, 2014, after a lawsuit by community
banks over provisions concerning specialized securities, revised final
regulations were adopted.
Note: Paul
Volcker was the chairman for the Federal Reserve Board,
a lifetime trustee at the Aspen Institute (think
tank), and is a director at the Committee for a
Responsible Federal Budget.
Note: Foundation
to Promote Open Society was a funder for the Aspen Institute (think tank), the New America
Foundation, the Brookings Institution
(think tank), and Media Matters.
Democracy
Alliance endorsed Media Matters.
George Soros
was a member of the Democracy Alliance,
the chairman for the Foundation to Promote
Open Society, and his son is Jonathan Soros.
Committee
for a Responsible Federal Budget was housed at the New America
Foundation.
Steve Coll
was a director at the Committee for a
Responsible Federal Budget, and the president & CEO for the New America Foundation.
Jonathan
Soros is a director at the New America Foundation,
and George Soros’s son.
Eric E. Schmidt
is the chairman of the New America Foundation (think tank), a co-founder
for the Schmidt Family Foundation, was a funder for the New America
Foundation (think tank), a trustee at Princeton University, and a 2008 Bilderberg conference participant (think
tank).
Schmidt
Family Foundation was a funder for the New
America
Foundation (think tank).
Ben S.
Bernanke was a professor at Princeton University, the chairman for the Federal Reserve Board, is a distinguished
fellow at the Brookings Institution (think tank),
and a friend of Alan S. Blinder.
Alan S.
Blinder is a friend of Ben S. Bernanke,
a professor at Princeton University, and was the vice chairman for the Federal Reserve Board.
Kathryn
A. Hall is a trustee at Princeton University, and an Economic Advisory Council
member for the Federal Reserve Bank of San Francisco.
John F.
McDonnell is a benefactor for Princeton University, and was the chairman for the Federal Reserve Bank of St. Louis.
Paul R. Krugman
is an economist at Princeton University, and was a consultant for the Federal Reserve Bank of New York.
Paul A.
Volcker was the president of the Federal Reserve Bank of
New York, the chairman for the Federal Reserve Board,
a lifetime trustee at the Aspen Institute (think
tank), and is a director at the Committee for a
Responsible Federal Budget.
Elaine
Pagels is a trustee at the Aspen Institute (think
tank), and a professor at Princeton University.
The Professors: The 101
Most Dangerous Academics in America
The Professors: The 101 Most Dangerous Academics in America is a 2006
book by conservative American author and policy advocate David Horowitz. The
book contends that many academics in American colleges hold anti-American
perspectives and lists one hundred examples whom Horowitz believes are
sympathetic to terrorists and non-democratic governments.
Reviews
In its
review,[14] the progressive group Media Matters for America stated that Horowitz mentioned
"nothing but out-of-class activities" and speech in 52 of the 100
profiles in the book.[15] Media
Matters also observed that the book title is misleading in that Horowitz attacks
100 and not 101 professors as dangerous.
Paul Weyrich of
the conservative Free Congress Foundation commented that "Horowitz
estimates that there are about 60,000 of these radical professors in every part
of the nation... We are not talking about liberals here. Horowitz is clear that
while he thinks liberals are wrong they are entitled to their opinions. Rather,
we are talking about the most vile, America-hating Stalinist-style professors who will
accept no dissent. They preach tolerance and then practice the opposite.”
Media Matters for America
Benefactors and
staff
In 2004 MMfA received the endorsement of
the Democracy Alliance, a partnership of wealthy and
politically active donors. The Alliance itself does not fund any of its
endorsees, but many wealthy Alliance members acted on the endorsement and
donated directly to MMfA.[19][20][21] Media
Matters as a matter of
course has a policy of not comprehensively listing donors. Six years after the Alliance endorsed MMfA, financier George Soros—a
founding and continuing member of the Alliance—announced
in 2010 that he was donating $1 million to MMfA. Soros said: "Despite
repeated assertions to the contrary by various Fox News commentators, I have
not to date been a funder of Media Matters." Soros said concern over
"recent evidence suggesting that the incendiary rhetoric of Fox News hosts
may incite violence" had moved him to donate to MMfA, which thanked Soros
for announcing his donation "quickly and transparently".
George Soros
was a member of the Democracy Alliance,
the chairman for the Foundation to Promote
Open Society, and his son is Jonathan Soros.
Foundation
to Promote Open Society was a funder for Media
Matters, the Roosevelt Institute,
the Committee for Economic Development, the
Brookings Institution (think tank), Aspen Institute (think
tank), and the New America Foundation.
Jonathan
Soros is George Soros’s son, and a senior
fellow at the Roosevelt Institute.
Laura
Delano Roosevelt is a governor at the Roosevelt Institute,
and her grandfather was Franklin Delano Roosevelt.
Franklin
Delano Roosevelt was Laura Delano
Roosevelt’s grandfather, the president for the Franklin Delano
Roosevelt administration, and attended
the Yalta Conference.
Winston
Churchill attended the Yalta Conference,
and was a member of the Order of Merit.
Nelson
Mandela was an honorary member of the Order of Merit,
and Barack Obama speaker at funeral service.
Joseph
Stalin attended the Yalta Conference,
and the premier for the Union of Soviet Socialist
Republics (USSR).
Mikhail
Gorbachev was the president of the Union of Soviet Socialist
Republics (USSR), the general secretary for the Communist
Party of the Soviet Union, is a friend of Stephen F.
Cohen, an advisory board member for the Wheelchair
Foundation, and the founder of Green Cross International.
Enemies Within (Past Research for
Green Cross International)
Tuesday, March 18, 2014
Stephen
F. Cohen is a friend of Mikhail Gorbachev,
and a professor emeritus at Princeton University.
Anna
Eleanor Roosevelt is the chair for the Roosevelt Institute,
an advisory board member for the Wheelchair Foundation,
and was the VP corporate citizenship for the Boeing Company.
Madelyn
Payne Dunham was an aircraft inspector for the Boeing Company,
and was Barack Obama’s maternal grandmother.
Barack Obama’s
maternal grandmother was Madelyn Payne Dunham,
and Obamacare is his signature
policy initiative.
Barbara
G. Fast was a VP at the Boeing Company,
and a VP for the CGI Group Inc.
CGI
Group Inc. was the Obamacare
contractor that developed Healthcare.gov web site.
Obamacare
is Barack Obama’s signature policy
initiative.
Donna S.
Morea was the EVP for the CGI Group Inc.,
and a trustee at the Committee for Economic
Development.
Akin,
Gump, Strauss, Hauer & Feld, LLP is the lobby firm for the Boeing Company.
Vernon E. Jordan Jr. is a
senior counsel for Akin, Gump, Strauss, Hauer
& Feld, LLP, an honorary trustee at the Brookings Institution (think tank), Valerie B. Jarrett’s great uncle, a director at the American
Friends of Bilderberg (think
tank), and a 2008 Bilderberg conference
participant (think tank).
Robert
S. Strauss was a partner at Akin, Gump, Strauss, Hauer
& Feld, LLP, the U.S.
ambassador for the Union of Soviet Socialist
Republics (USSR), and a senior adviser for the Committee
for a Responsible Federal Budget.
Paul
Volcker is a director at the Committee for a
Responsible Federal Budget, was the chairman for the Federal Reserve Board, a lifetime trustee at the Aspen Institute (think tank).
Committee
for a Responsible Federal Budget was housed at the New America
Foundation.
Steve Coll
was a director at the Committee for a
Responsible Federal Budget, and the president & CEO for the New America Foundation.
Jonathan
Soros is a director at the New America Foundation,
and George Soros’s son.
Eric E. Schmidt
is the chairman of the New America Foundation (think tank), a co-founder
for the Schmidt Family Foundation, was a funder for the New America
Foundation (think tank), a trustee at Princeton University, and a 2008 Bilderberg conference participant (think
tank).
Schmidt
Family Foundation was a funder for the New
America
Foundation (think tank).
Google's Eric Schmidt
talks about how to run the world (not that he wants to)
June 9, 2008 | 3:48 pm
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