Vincent Reinhart responds to question about martial law threat, bailout, hyperinflation on CSPAN

Sorry about the audio sync problem. I haven't figured out how to fix it, but I wanted to go ahead and get the information out there anyway. Oh, and if you're not watching Washington Journal, start!

This call was made back when they were still talking about buying "bad assets." Of course, they decided not to do that after all, but instead give money directly to banks, who refused to lend.

I find it funny that Mr. Reinhart said that interest rates would go back to normal as soon as the job was done. Listen to him talk about interest rates. Do you think he was suprised when rates were dropped again, this time to unprecedented levels? I wonder, does he consider inflation to be a more serious threat since rates were lowered again, considering he admitted that a rate cut over the long term would cause serious inflation... at current levels.

9 trillion dollars, another rate cut, and a few months later I think it's safe to say that hyperinflation will prove to be a serious problem indeed. This show originally aired on Oct. 8th. Brad Sherman had just announced a couple days earlier that the congress was threatened with martial law and blood in the streets if they did not pass the initial banker takeover bill.

Please call in to the show and bring up these issues so that they might one day be addressed by our so-called leaders. The audience is a good one, as many people who watch cspan aren't into any of the alternative media.

Category:

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[000deadcalm000]

The Banks have not lent any of the money they were given. This is consolidation of their strangle hold on the American ppl. YOU ARE ALL SLAVES!!!! GRAB YER ANKLES AND LUBE UP THERE IS MUCH MORE TO COME!

[Mark6463]

Total utter disdain for the caller there. He totally evaded the entire question/statement. Bastard sell out wanker!

[Robbob9933]

@levisdad One thing wrong with your statement, there was no swap. This $500 Billion was an out right bailout to foreigh banks according to finally released FOIA data. Essentially the US bailed out the Euro. The American taxpayer bailed out the EU. Whether or not you like the Federal Reserve, this totally violates the Federal Reserve Charter and in fact was totally illegal.

[levisdad]

The Fed lent about $500 billion USD in Nov. 2008 to foreign banks called currency exchange swaps...HAHAHA...These people are driving me insane...WE WILL WIN...Rock on and thanks for your comment. SO TRUE..

[ddiiaa52]

NWO caused this for their purpose for a nwo.

[Rocky1990]

Another sold-out, fraudulent congressman.

[Jpeezy1983]

1:23 on...good vid bro'