Tag: Last Word on C-Span

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

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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: Dr. Thomas Hoenig – Federal Reserve Bank

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The ArrowFlinger speaks with Dr. Thomas Hoenig, President of the Federal Reserve Bank of Kansas City, then a voting member of the Federal Reserve Open Market Committee, in February 2010.

Here is the C-Span clip of the interview.

https://www.c-span.org/video/?292276-5/thomas-hoenig-federal-oversight-banks

ArrowFlinger Report 01192010: NDAA Vote by Rep. Paul Broun

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Here is Rush Limbaugh to explain to Representative Broun the enormity of his disastrous vote for the National Defense Authorization Act.

https://youtu.be/MGkrrFLspQw

Here is Paul Broun discussing the matter on C-Span Washington Journal.

https://www.c-span.org/video/?310075-4/representative-paul-broun-fiscal-cliff

(Note: The above linked clip contains the following Licensed Music:

Song: My City Was Gone  Artist: Pretenders  Album: My City Was Gone
Licensed to YouTube by WMG (on behalf of Warner Music UK); Big Deal Music (Publishing), Sony ATV Publishing, LatinAutor, Abramus Digital, LatinAutorPerf, BMI – Broadcast Music Inc., and 9 Music Rights Societies
Clip is included for reference in discourse as a matter of Journalism, serving an Educational purpose for the Public Good, and is herein included under the terms of Fair Use.)

Last Word: Iowa State Economist Chad Hart

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On January 21, 2011, Dr. Chad Hart of Iowa State University was interviewed by C-Span Washington Journal host Peter Slen on the topic of rising food prices. Both received a challenge to the traditional economic theories from this sound money caller and advocate of alternative economics.

To expound on the ArrowFlinger’s favorite alternative economic blogs, they include zerohedge.com, globaleconomicanalysis.blogsport.com, maxkeiser.com, market-ticker.org, kingworldnews.com, and financialsense.com.

The C-Span Interview

https://www.c-span.org/video/?297640-5/rising-food-prices

Last Word: Former Rep. John Spratt (D, SC)

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Former Representative John Spratt (D, SC) was on C-Span Washington Journal April 18, 2011 discussing the Federal Budget when the ArrowFlinger called in to inquire about his inconsistent voting record with respect to his avowed fiscal conservatism.
Host Libby Casey moderated.

Here is the C-Span clip of the interview.

https://www.c-span.org/video/?291893-4/representative-spratt-fiscal-year-2011-budget

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

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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

Last Word: FDIC Chairwoman Sheila Bair

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On May 6, 2010, the Arrowflinger caught up with Ms. Sheila Bair, then Chairwoman of the Federal Deposit Insurance Corporation, on the Washington Journal. Here is his last word. Since that interview, Wells Fargo, who had the misfortune to be saddled with the carcass of Wachovia, has also had to settle litigation involving mortgage fraud allegations for $590 million and Collateralized Debt Obligations for $11 million, without admitting guilt – of course! There has been a settlement with another bank for $100 million.

Closer to home, Wachovia had an enormous investor base around Augusta, Georgia because of a series of bank acquisitions using Wachovia or predecessor First Union’s stock. Wachovia stock went from $57 to less than $2 before the failing bank was rolled into Wells Fargo. Other national banks saw stock prices plunge. Since many prominent area families were so heavily invested, one of the old family patriarchs has been heard to say that the fall of Wachovia and others swept $1 billion out of Augusta. A cynic would say this is why, now more than ever, it is critical for citizens to keep vigilant, lest they find themselves making up the losses by political actions.

Now the Last Word, followed by the C-Span clip of the Bair Interview.

Here is the C-Span clip from May 6, 2010.

https://www.c-span.org/video/?314261-3/sheila-bair-dodd-frank-financial-regulation-law