The Big Picture Conference
By Marion Maneker - May 21st, 2009, 5:18PM
Just to keep you all up on the conference as it comes into the final stretch. Rep. Alan Grayson (D-FL) is going to come to conference and present his ideas about what government needs to do to prevent the issue of systemic risk rising again. Since this is part of Nassim Taleb’s theme, we’re also going to try to have conversation between Taleb and Rep. Grayson as part of the morning program. The legislative schedule in Washington might conspire against this. But, for the moment, that’s the goal for the morning session.
For more information, press queries or interest in one of the remaining seats at the conference. Click here.
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May 21st, 2009 at 6:18 pm
> Rep. Alan Grayson (D-FL) is going to come to conference and present his ideas about what government needs to do to prevent the issue of systemic risk rising again.
Great to hear !
Barry make sure you ask him open ended questions about what he is spearheading in Congress about finding out about the $9 trillion in Fed off-balance sheet transactions over the past 8 months.
I love this quote…
“I am shocked to find out that nobody at the Federal Reserve is keeping track of anything.”
- Rep. Alan Grayson
Also suggest that Alan Grayson should team up with Ron Paul to also get his bill passed for auditing the Fed.
May 21st, 2009 at 6:25 pm
“what government needs to do to prevent the issue of systemic risk rising again.”
Easy. Stop being the poster child for graft and corruption. Take your oath to abide by the U.S. Constitution seriously and protect the interests of the majority of the American people first and foremost. Not the minority who just happen to have the deepest pockets.
May 21st, 2009 at 6:30 pm
How about do nothing–no more bailout/stimulus and no more regulation, real or perceived.
May 21st, 2009 at 6:54 pm
Grayson has definitely been on the right track asking for a full audit of the Fed’s finances to be presented before congress and asking for public transparency in future dealings. It doesn’t put the horses back in the barn, but it is a necessary and critical step in preventing it in the future (and generally limiting corruption.) Gotta walk before we can run.
Let us know if he drops any juicy info BR.
May 21st, 2009 at 7:23 pm
zot23,
if we can be rid of the FedRes, it’ll set the stage for a new, better “Gilded Age”.
People have little, to no, comprehension of how retarded our progress has been–bearing the Costs of, and the manifest perversions by, the FedRes..
as you say: “it is a necessary and critical step in preventing it in the future (and generally limiting corruption.) Gotta walk before we can run.”
May 21st, 2009 at 10:41 pm
Grayson is truly an interesting bird. Me thinks someone inside is feeding him information he has not fully shared with anyone because it would disclose his sources. His being a politician and all in this country today and a Democrat on top, I still find myself a little too leery to jump fully on the Grayson bandwagon. But for now he seems about the only hope for the needed investigation.
May 22nd, 2009 at 8:02 am
Meanwhile, he’s the say guy trying to push for mandatory vacation time since going on vacation helps the economy. Seriously.
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