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		<title>Finnish Bohemian Rhapsody in Car Video</title>
		<link>http://www.roughmorning.com/finnish-bohemian-rhapsody-in-car-video/</link>
		<comments>http://www.roughmorning.com/finnish-bohemian-rhapsody-in-car-video/#comments</comments>
		<pubDate>Sun, 19 Jun 2011 07:00:27 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Featured]]></category>
		<category><![CDATA[Finland]]></category>

		<guid isPermaLink="false">http://www.roughmorning.com/?p=1318</guid>
		<description><![CDATA[Four guys from Finland cover Bohemian Rhapsody. Tweet This Post]]></description>
			<content:encoded><![CDATA[<p>Four guys from Finland cover Bohemian Rhapsody.</p>
<p><iframe width="560" height="349" src="http://www.youtube.com/embed/irLsjBDPe5c" frameborder="0" allowfullscreen></iframe></p>
<div class="tweetthis" style="text-align:left;"><p> <a target="_blank" rel="nofollow" class="tt" href="http://twitter.com/home/?status=Finnish+Bohemian+Rhapsody+in+Car+Video+http%3A%2F%2Fis.gd%2FLd6h5A" title="Post to Twitter"><img class="nothumb" src="http://www.roughmorning.com/wordpress/wp-content/plugins/tweet-this/icons/en/twitter/tt-twitter.png" alt="Post to Twitter" /></a> <a target="_blank" rel="nofollow" class="tt" href="http://twitter.com/home/?status=Finnish+Bohemian+Rhapsody+in+Car+Video+http%3A%2F%2Fis.gd%2FLd6h5A" title="Post to Twitter">Tweet This Post</a></p></div>]]></content:encoded>
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		<title>Inside the numbers of a pack a day smoker.</title>
		<link>http://www.roughmorning.com/inside-the-numbers-of-a-pack-a-day-smoker/</link>
		<comments>http://www.roughmorning.com/inside-the-numbers-of-a-pack-a-day-smoker/#comments</comments>
		<pubDate>Fri, 10 Jun 2011 06:50:41 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Featured]]></category>
		<category><![CDATA[cost of smoking a pack a day]]></category>
		<category><![CDATA[cost of smoking a pack per day]]></category>
		<category><![CDATA[quit smoking]]></category>
		<category><![CDATA[quitting smoking]]></category>

		<guid isPermaLink="false">http://www.roughmorning.com/?p=1303</guid>
		<description><![CDATA[I am a former smoker and I&#8217;m actually very proud to say that. Former. When you smoke, its becomes the norm and sometimes quitting seems utterly impossible. Everything you do involves smoking. Driving, after food, having a drink, etc. For 10+ years I never went more than 3 weeks without tobacco and for most of [...]]]></description>
			<content:encoded><![CDATA[<p><a href="http://www.roughmorning.com/wordpress/wp-content/uploads/solar-panels-image.jpg"><img src="http://www.roughmorning.com/wordpress/wp-content/uploads/solar-panels-image-300x200.jpg" alt="" title="solar-panels-image" width="300" height="200" class="aligncenter size-medium wp-image-1323" /></a>I am a former smoker and I&#8217;m actually very proud to say that. Former. When you smoke, its becomes the norm and sometimes quitting seems utterly impossible. Everything you do involves smoking. Driving, after food, having a drink, etc. For 10+ years I never went more than 3 weeks without tobacco and for most of that time it was a pack a day habit. When I decided to get in better shape, quitting was obviously high on my list, yet it wasn&#8217;t difficult. I got extremely sick from the flu last year and it was actually a blessing in disguise. I felt so etremely horrible that then and there, I wanted nothing to do with anything that could or did make me unhealthy. It was that simple. Not a single cigarette since. Not one.</p>
<p>I can run again. I can breathe. My voice is loud and I don&#8217;t have to clear my throat 800 times a day. One interesting fact is I can smell a person who&#8217;s smoked, and esp a lit cigarette from a long way off.</p>
<p>I wanted to share two #&#8217;s that I think about often, if nothing else&#8230;</p>
<p>1. If you smoke a pack of Marlboro&#8217;s per day, at $6 a pack, you are spending $2,190 a year killing yourself.</p>
<p>2. 20 cigarettes come in a pack. That&#8217;s 7,300 cigarettes per year, which is absolutely disgusting.</p>
<p>I realize this may come across hypocritical, being a former long time smoker and all, but I don&#8217;t think one can truly understand how good you&#8217;ll feel until you stop for a long period of time. I haven&#8217;t had one in a long long time and I won&#8217;t have another.Best of luck to the new quitters out there.</p>
<p style="text-align: center;"><a href="http://www.roughmorning.com/wordpress/wp-content/uploads/quitsmoking.jpg"><img class="aligncenter size-medium wp-image-1304" title="quitsmoking" src="http://www.roughmorning.com/wordpress/wp-content/uploads/quitsmoking-193x300.jpg" alt="" width="193" height="300" /></a></p>
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		<title>Coral Castle: Anti-gravity?</title>
		<link>http://www.roughmorning.com/coral-castle-anti-gravity/</link>
		<comments>http://www.roughmorning.com/coral-castle-anti-gravity/#comments</comments>
		<pubDate>Thu, 09 Jun 2011 05:39:16 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Articles]]></category>
		<category><![CDATA[coral castle]]></category>
		<category><![CDATA[coral castle myths]]></category>
		<category><![CDATA[coral castle theory]]></category>

		<guid isPermaLink="false">http://www.roughmorning.com/?p=1292</guid>
		<description><![CDATA[Over the past year, I&#8217;ve been attempting to learn more  anti-gravity, perpetual motion, and free energy. This started simply be designing a biodiesel processor and then progressed into DIY solar panels from solar cells. The wind, solar, and biofuel industries have come a long way in recent years, but each have still have major flaws [...]]]></description>
			<content:encoded><![CDATA[<p>Over the past year, I&#8217;ve been attempting to learn more  anti-gravity, perpetual motion, and free energy. This started simply be designing a biodiesel processor and then progressed into DIY solar panels from solar cells. The wind, solar, and biofuel industries have come a long way in recent years, but each have still have major flaws the limit the long term growth and reliability. This caused me to ask the following questions, &#8220;What other forces in nature, or the universe could we use as energy?&#8221;  and &#8220;Is there a universal power, more consistent than the sun, that somehow we&#8217;ve missed for all these years right under our nose?&#8221;</p>
<p>The first law of thermodynamics says that energy can be transformed, but not created or destroyed.  Assuming the law as fact, I begin looking for energy that was already created, only waiting to be harnessed, but not from the usual methods such as the wind, tides, sun, etc. The earth moving around the sun is an object in motion. Something&#8217;s energy put the earth into motion and if that object were to cease motion, we would see a dramatic event. We also know the earth rotates, there is a slight &#8220;wobble&#8221; known has the <a title="Chandler's Wobble" href="http://en.wikipedia.org/wiki/Chandler_wobble">Chandler wobble. </a> The following is from Wikipedia.<a title="Chandler's Wobble" href="http://en.wikipedia.org/wiki/Chandler_wobble"><br />
</a><br />
&#8220;Richard Gross (2001) of the <a title="Jet Propulsion Laboratory" href="http://en.wikipedia.org/wiki/Jet_Propulsion_Laboratory">Jet Propulsion Laboratory</a>,  California, used computer simulations to discover the source of the  Chandler Wobble. Gross found that two thirds of the &#8216;wobble&#8217; was caused  by fluctuating pressure on the sea bottom due to <a title="Temperature" href="http://en.wikipedia.org/wiki/Temperature">temperature</a> and <a title="Salinity" href="http://en.wikipedia.org/wiki/Salinity">salinity</a> changes and <a title="Wind" href="http://en.wikipedia.org/wiki/Wind">wind</a>-driven changes in the circulation of the oceans. The remaining third is due to atmospheric fluctuations&#8221;</p>
<p>I then became very interested by energy we could use based on the earths rotation, polarity, and magnetism.  The following video is of Coral Castle in Homestead, Florida. As a lifelong Floridian, I&#8217;d heard about it as a teenager, but didn&#8217;t appreciate the idea at the time. It came across as more of a tourist Ripley&#8217;s type of place and not a possible scientific mecca. Check out the following videos and decide for yourself. I&#8217;m a firm believer that Edward Leedskalnin discovered the secrets of the pyramids and Stonehenge. You have a man who kept to himself, was very secretive, and had all the tools that many modern day theories use to attempt to prove the <a href="http://www.world-mysteries.com/newgw/doug_atlantis_pg.htm">Atlantis Power Grid</a> to be true.</p>
<p><a href="http://www.roughmorning.com/wordpress/wp-content/uploads/worldmap1b.jpg"><img class="aligncenter size-medium wp-image-1293" title="worldmap1b" src="http://www.roughmorning.com/wordpress/wp-content/uploads/worldmap1b-300x163.jpg" alt="" width="300" height="163" /></a></p>
<p>Notice where Stonehenge and the pyramids are in relation to the points. Also notice that Florida, would be just on the edge of the mid-Atlantic point.  If anyone has experience with the above topics or would like to add an opinion, please feel free to share a comment.</p>
<p><P><br />
<iframe width="425" height="349" src="http://www.youtube.com/embed/Hr9U1cP68eU" frameborder="0" allowfullscreen></iframe></p>
<p>
<iframe width="425" height="349" src="http://www.youtube.com/embed/HrljSjQqArU" frameborder="0" allowfullscreen></iframe></p>
<p>
<iframe width="425" height="349" src="http://www.youtube.com/embed/wxFHiOwjGwk" frameborder="0" allowfullscreen></iframe></p>
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		<title>2011 Book List Updates</title>
		<link>http://www.roughmorning.com/2011-book-list-updates/</link>
		<comments>http://www.roughmorning.com/2011-book-list-updates/#comments</comments>
		<pubDate>Tue, 07 Jun 2011 20:11:43 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Written]]></category>

		<guid isPermaLink="false">http://www.roughmorning.com/?p=1290</guid>
		<description><![CDATA[The 2011 book list will be updated soon&#8230; I&#8217;ve been reading a lot of political books lately as well as many on the economic collapse. Keep in mind, the previous years books were read by a different person. I make it a point to read at least 30 minutes each night before bed. 2011 Book [...]]]></description>
			<content:encoded><![CDATA[<p>The 2011 book list will be updated soon&#8230;</p>
<p>I&#8217;ve been reading a lot of political books lately as well as many on the economic collapse. Keep in mind, the previous years books were read by a different person. I make it a point to read at least 30 minutes each night before bed.</p>
<p style="text-align: center;">2011 Book List:</p>
<ul>
<li>The Big Short &#8211; Michael Lewis</li>
<li>Griftopia: Bubble Machines, Vampire Squids, and the Long Con That Is Breaking America &#8211; Matt Taibbi</li>
<li>Pitchforks and Torches &#8211; Keith Olbermann</li>
<li>It Takes a Pillage: An Epic Tale of Power, Deceit, and Untold Trillions &#8211; Nomi Prins</li>
<li>Twitter Power &#8211; Joel Comm</li>
<li>The Most Dangerous Place: Pakistan&#8217;s Lawless Frontier &#8211; Imtiaz Gul</li>
<li>The Lies of Sarah Palin: The Untold Story Behind Her Relentless Quest for Power &#8211; Geoffrey Dunn</li>
</ul>
<p>I&#8217;ve started 2 others and will add those as I completed.</p>
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		<title>Is this the best marriage proposal ever?</title>
		<link>http://www.roughmorning.com/is-this-the-best-marriage-proposal-ever/</link>
		<comments>http://www.roughmorning.com/is-this-the-best-marriage-proposal-ever/#comments</comments>
		<pubDate>Wed, 01 Jun 2011 15:08:30 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Americana]]></category>

		<guid isPermaLink="false">http://www.roughmorning.com/?p=1286</guid>
		<description><![CDATA[RoughMorning will be coming back to life in the next few months. The site now gets over 200,000 impressions per month without an update in a year. Being the first day that we&#8217;ve looked for new content, it is absolutely mind blowing and somewhat cruel that the following story would be the first new post. [...]]]></description>
			<content:encoded><![CDATA[<p>RoughMorning will be coming back to life in the next few months. The site now gets over 200,000 impressions per month without an update in a year. Being the first day that we&#8217;ve looked for new content, it is absolutely mind blowing and somewhat cruel that the following story would be the first new post. Long time followers will understand, while new viewers may not. Either way, the guy had a great idea and it appears it worked.</p>
<p>In New York&#8217;s East Village graffiti has made one couple very happy. Jeff  Gurwin, 28, proposed to his girlfriend Caitlin Fitzsimons, 27, by  having a mural painted on Avenue A and 2nd Street. The mural will be up  for a month so if you&#8217;re in NYC you should definitely go see it and  remind yourself that romance isn&#8217;t dead. Did she say yes? Find out in  the video below.
<p><iframe width="560" height="349" src="http://www.youtube.com/embed/9m_Ajrcxfug" frameborder="0" allowfullscreen></iframe><br />
<div class="tweetthis" style="text-align:left;"><p> <a target="_blank" rel="nofollow" class="tt" href="http://twitter.com/home/?status=Is+this+the+best+marriage+proposal+ever%3F+http%3A%2F%2Fis.gd%2FS1Z3vQ" title="Post to Twitter"><img class="nothumb" src="http://www.roughmorning.com/wordpress/wp-content/plugins/tweet-this/icons/en/twitter/tt-twitter.png" alt="Post to Twitter" /></a> <a target="_blank" rel="nofollow" class="tt" href="http://twitter.com/home/?status=Is+this+the+best+marriage+proposal+ever%3F+http%3A%2F%2Fis.gd%2FS1Z3vQ" title="Post to Twitter">Tweet This Post</a></p></div>]]></content:encoded>
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		<title>AP journalist dives into Gulf, can only see oil</title>
		<link>http://www.roughmorning.com/in-the-murky-depths-of-the-gulf-of-mexico%e2%80%94-i-jump-off-the-boat-into-the-thickest-reddest-patch-of-oil-ive-ever-seen-i-open-my-eyes-and-realize-my-mask-is-already-smeared-i-cant-see-any/</link>
		<comments>http://www.roughmorning.com/in-the-murky-depths-of-the-gulf-of-mexico%e2%80%94-i-jump-off-the-boat-into-the-thickest-reddest-patch-of-oil-ive-ever-seen-i-open-my-eyes-and-realize-my-mask-is-already-smeared-i-cant-see-any/#comments</comments>
		<pubDate>Wed, 09 Jun 2010 17:53:07 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Underwater]]></category>

		<guid isPermaLink="false">http://www.roughmorning.com/?p=1271</guid>
		<description><![CDATA[IN THE MURKY DEPTHS OF THE GULF OF MEXICO— I jump off the boat into the thickest, reddest patch of oil I&#8217;ve ever seen. I open my eyes and realize my mask is already smeared. I can&#8217;t see anything and we&#8217;re just five seconds into the dive. Dropping beneath the surface some 40 miles out [...]]]></description>
			<content:encoded><![CDATA[<p>IN THE MURKY DEPTHS OF THE GULF OF MEXICO— I jump off the boat into the  thickest, reddest patch of oil I&#8217;ve ever seen. I open my eyes and  realize my mask is already smeared. I can&#8217;t see anything and we&#8217;re just  five seconds into the dive.  Dropping beneath the surface some 40 miles out into the Gulf Of Mexico,  the only thing I see is oil. To the left, right, up and down _ it sits  on top of the water in giant pools and hangs suspended 15 feet beneath  the surface in softball-size blobs. There is nothing alive under the  slick, although I see a dead jellyfish and handful of small bait fish.</p>
<p><a href="http://www.roughmorning.com/wordpress/wp-content/uploads/54353_gulf-oil-spill.jpg"><img class="aligncenter size-medium wp-image-1272" title="54353_gulf-oil-spill" src="http://www.roughmorning.com/wordpress/wp-content/uploads/54353_gulf-oil-spill-300x169.jpg" alt="" width="300" height="169" /></a></p>
<p>I&#8217;m alone because the other divers with me wouldn&#8217;t get in the water  without Hazmat suits on, and with my mask oiled over and the water  already dark, I don&#8217;t dive deep.  It&#8217;s quiet, and to be honest scary, with extremely low visibility. I  spend just 10 minutes swimming around taking pictures, taking video. I  want people to see the spill in a new way, a way they haven&#8217;t yet.  I also want to get out of the water. Badly.  I make my way to the back of the boat unaware of just how covered I am.  To be honest, I probably look a little like one of those poor pelicans  we&#8217;ve all been seeing for days now.  The oil is thick and sticky, almost like a cake batter. It does not wipe  off. You have to scrape it off, in layers, until you finally get close  to the skin. Then you pour on some Dawn dishwashing soap and scrub.  I think to myself: No fish, no bird, no turtle would ever be able to  clean this off itself. If any animal were to end up in this same puddle,  there is almost no way it could escape.  The cleaning process goes on for half an hour before the captain will  even think about letting me back in the boat. I&#8217;m clean, so I stand up.  But the bottoms of my feet still had oil, and I fall back in the water.  The process starts again.  Another 30 minutes of cleaning, and finally I&#8217;m ready to step into the  boat.﻿</p>
<p><a href="http://www2.tbo.com/content/2010/jun/09/ap-journalist-dives-gulf-can-only-see-oil/news-breaking/">http://www2.tbo.com/content/2010/jun/09/ap-journalist-dives-gulf-can-only-see-oil/news-breaking/</a></p>
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		<title>BP Oil Spill Map</title>
		<link>http://www.roughmorning.com/bp-oil-spill-map/</link>
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		<pubDate>Sun, 06 Jun 2010 06:11:50 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Americana]]></category>

		<guid isPermaLink="false">http://www.roughmorning.com/?p=1269</guid>
		<description><![CDATA[A friend of mine sent me a cool little link showing the true size of the BP Oil Spill. http://www.ifitwasmyhome.com/ Enter you home city and you&#8217;ll see how large the spill is in relation to where you live. It pretty amazing that it would cover the entire state of Florida and them some&#8230;already. Check it [...]]]></description>
			<content:encoded><![CDATA[<p>A friend of mine sent me a cool little link showing the true size of the BP Oil Spill.</p>
<p><a href="http://www.ifitwasmyhome.com/">http://www.ifitwasmyhome.com/</a></p>
<p>Enter you home city and you&#8217;ll see how large the spill is in relation to where you live. It pretty amazing that it would cover the entire state of Florida and them some&#8230;already. Check it out, its a neat tool for a horrible situation.</p>
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		<title>Great YouTube Cover Song</title>
		<link>http://www.roughmorning.com/great-youtube-cover-songs/</link>
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		<pubDate>Sun, 30 May 2010 16:01:21 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[From Me to You]]></category>

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		<description><![CDATA[I saw this video on Youtube last week and it&#8217;s amazing. The group covers &#8220;New Slang&#8221; by The Shins and goes into &#8220;Don&#8217;t Panic&#8221; by Coldplay in a very unique way. The initial male singer is almost spot on for John Mayer and the female nails her lines. Very cool, it&#8217;s Arcade Fire-ish with so [...]]]></description>
			<content:encoded><![CDATA[<p>I saw this video on Youtube last week and it&#8217;s amazing. The group covers &#8220;New Slang&#8221; by The Shins and goes into &#8220;Don&#8217;t Panic&#8221; by Coldplay in a very unique way. The initial male singer is almost spot on for John Mayer and the female nails her lines. Very cool, it&#8217;s Arcade Fire-ish with so many people and instruments getting loud and coming together. Excellent stuff, it just makes me happy.
<p><object width="640" height="385"><param name="movie" value="http://www.youtube.com/v/sXkw7suAfP8&#038;hl=en_US&#038;fs=1&#038;"></param><param name="allowFullScreen" value="true"></param><param name="allowscriptaccess" value="always"></param><embed src="http://www.youtube.com/v/sXkw7suAfP8&#038;hl=en_US&#038;fs=1&#038;" type="application/x-shockwave-flash" allowscriptaccess="always" allowfullscreen="true" width="640" height="385"></embed></object></p>
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		<title>Dale Peterson 2010</title>
		<link>http://www.roughmorning.com/dale-peterson-2010/</link>
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		<pubDate>Thu, 20 May 2010 15:36:49 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Americana]]></category>

		<guid isPermaLink="false">http://www.roughmorning.com/?p=1261</guid>
		<description><![CDATA[Republicans suck, but you gotta love this guy. Tweet This Post]]></description>
			<content:encoded><![CDATA[<p>Republicans suck, but you gotta love this guy.</p>
<p><object width="640" height="385"><param name="movie" value="http://www.youtube.com/v/jU7fhIO7DG0&#038;color1=0xb1b1b1&#038;color2=0xd0d0d0&#038;hl=en_US&#038;feature=player_embedded&#038;fs=1"></param><param name="allowFullScreen" value="true"></param><param name="allowScriptAccess" value="always"></param><embed src="http://www.youtube.com/v/jU7fhIO7DG0&#038;color1=0xb1b1b1&#038;color2=0xd0d0d0&#038;hl=en_US&#038;feature=player_embedded&#038;fs=1" type="application/x-shockwave-flash" allowfullscreen="true" allowScriptAccess="always" width="640" height="385"></embed></object></p>
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		<title>We Beat the Fed</title>
		<link>http://www.roughmorning.com/we-beat-the-fed/</link>
		<comments>http://www.roughmorning.com/we-beat-the-fed/#comments</comments>
		<pubDate>Wed, 12 May 2010 12:35:39 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Americana]]></category>
		<category><![CDATA[Newsworthy]]></category>
		<category><![CDATA[Stories]]></category>

		<guid isPermaLink="false">http://www.roughmorning.com/?p=1250</guid>
		<description><![CDATA[The Senate just voted, 96-0, to audit the Federal Reserve. Soon, we will know what the Federal Reserve did with the trillions of dollars that it handed out during the financial crisis. A few months ago, such a vote would have been unthinkable. One senior Treasury official claimed he would fight to stop an audit [...]]]></description>
			<content:encoded><![CDATA[<div>
<p>The Senate just voted, 96-0, to  audit the Federal Reserve. Soon, we will know what the Federal Reserve  did with the trillions of dollars that it handed out during the  financial crisis.</p>
<p>A few months ago, such a vote would have been unthinkable. One senior  Treasury official claimed he would fight to stop an audit &#8216;at all  costs&#8217;. Senator Chris Dodd predicted that an audit would spell economic  doom, while Senator Judd Gregg attacked accountability for the Fed as  &#8220;pandering populism&#8221;.</p>
<p>Today, both the Treasury Department and Senator Dodd support this  amendment. As for Judd Gregg, he was just on the floor of the Senate  discussing &#8212; of all people &#8212; 19th century populist Presidential  candidate William Jennings Bryan.</p>
<p>What happened?</p>
</div>
<p><!-- polls come after this --></p>
<ul>
<li><a href="http://alan-grayson.dailykos.com/">Alan  Grayson&#8217;s diary</a></li>
</ul>
<div id="extended">
<p>People Power is what happened. We built a  coalition of people on the right and the left, ordinary citizens and  economists, ex-regulators and politicians, all with one question for  which we demanded an answer: &#8220;What happened to our money?&#8221;</p>
<p>No longer can Ben Bernanke get away with saying, &#8220;I don&#8217;t know.&#8221;</p>
<p>Now, we&#8217;re going to know who got what, and why.</p>
<p>Releasing this information will show that the Federal Reserve&#8217;s  arguments for secrecy are &#8212; and have always been &#8212; a ruse, to cover up  the handing out of hundreds of billions of dollars like party favors to  the Wall Street favorites who brought the American economy to the brink  of ruin.</p>
<p>But our work isn&#8217;t quite done. The Senate audit provision isn&#8217;t as  strong as what we passed in the House. The Senate provision has only a  one-time audit, whereas what we passed in the House would allow audits  going forward. There will be a conference committee that will merge the  provisions from the two bills.</p>
<p>The need for audits and oversight over Fed handouts going forward is  great. The financial crisis isn&#8217;t over, and neither are the Fed&#8217;s secret  bailouts. Earlier this week, the Federal Reserve announced it was going  underwrite the Greek bailout by lending dollars to the central banks of  Europe, England, and Japan. The loans may never be paid back, the Fed  accepts the risk that the dollar will strengthen in the meantime, and  the interest rate charged by the Fed is very likely at below-market  rates. So such loans are in effect just a subsidy, to bail out  foreigners.</p>
<p>The Fed has not been chastened. It is bolder and more of a rogue  actor than ever. It&#8217;s clear that without full audit authority going  forward, the Fed will continue to give out &#8220;foreign aid&#8221; without  Congressional or even Executive permission.</p>
<p>And it will do so in secret.</p>
<p>So we will be fighting on to get a full audit from the conference  committee.</p>
<p>But let&#8217;s not lose sight of what we have accomplished so far &#8211; real  independent inquiry into the Fed, and its incestuous relationships with  Wall Street banks. For the first time ever.</p>
<p>Our calls, emails, lobbying, blogging, and support really mattered.  We made it happen.</p>
<p>Today, we beat the Fed.</p>
<p>http://www.dailykos.com/story/2010/5/11/865680/-We-Beat-the-Fed</p>
</div>
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