Last Word 012212A: Rep. Tim Huelskamp (R., Kansas) on M.F. Global

The Arrowflinger catches up with Rep. Tim Huelskamp, R. KS on the Washington Journal of December 8, 2011. The Congressman expected to talk about the M.F. Global scandal, but got a surprise request. After a host of simply stunning and outrageous banking frauds, near and far, the notion of the NDAA applying to a frugal saver had Al ready to reenact Custer’s Last Stand.

At this posting, people’s cash accounts with M.F. Global, a primary dealer in the Federal Reserve system with a fiduciary duty as a Treasury bond marketeer, were still unaccounted for. This joins myriad failures to prosecute the bankers responsible. Customers’ gold in M.F. Global vaults was attached by the bankruptcy trustee, who made no discernment as to ownership. Georgia was number one or number 2 in mortgage fraud for five years running. Instead of cracking down on criminals, the last thing needed in the good old USA was loss of the Bill of Rights for the honest, frugal saver.

Here is the C-Span clip of the call from the ArrowFlinger.

https://www.c-span.org/video/?303079-5/representative-tim-huelskamp-congressional-agenda

Last Word: Former Rep. Tom Davis (R, Virginia) on Campaign 2010

On July 13, 2010 former Congressman Tom Davis, a Republican of Virginia was on C-Span’s Washington Journal with host Paul Orgel to discuss the 2010 GOP election efforts. Rep. Davis was a prior Chairman of the National Republican Congressional Committee. The topic of the Commodities Futures Modernization Act of 2000 came up. Since that day, horrendous consequences of the CFMA have become manifest, principally the M.F. Global bankruptcy.

The original C-Span interview appears below.

https://www.c-span.org/video/?461439-3/washington-journal-rep-tom-davis-r-va-discusses-congressional-oversight-executive-branch