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No Quarter Radio’s Sense on Cents with Larry Doyle Is Having a Tea Party

Posted by Larry Doyle on April 17, 2010 6:48 AM |

UPDATE: This episode of NQR’s Sense on Cents with Larry Doyle has concluded. You can listen to a recording of the episode in its entirety by clicking the play button on the audio player provided below. Once the audio begins, you can advance or rewind to any portion of the episode by clicking at any point along the play bar.

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A government that operates without transparency and integrity while continually mortgaging our children’s future is a recipe for disaster.

A government that cozies up to large monied interests and looks to redistribute wealth leaves a large swath of America totally disenfranchised.

This government, as described above, occupies space on both sides of our political aisle.

Hard working Americans are voicing their discontent, if not total outrage, at our government via a movement that is sweeping our nation. While the political elite would like to dismiss this movement, and the media would like to marginalize it, the Tea Party movement is gaining traction and momentum.

Please join me this Sunday evening April 18th from 8-9pm ET as No Quarter Radio’s Sense on Cents with Larry Doyle Is Having a Tea Party. I will be ‘having tea’ with Matt Clemente and Brendan Steinhauser of Freedom Works, a grassroots organization that is making an enormous impact on our national political and economic landscape with the Tea Party movement:

Founded in 1984, FreedomWorks is headquartered in Washington, DC, and has hundreds of thousands of grassroots volunteers nationwide.

What We Do
FreedomWorks recruits, educates, trains and mobilizes hundreds of thousands of volunteer activists to fight for less government, lower taxes, and more freedom.

Why We Do It
FreedomWorks believes individual liberty and the freedom to compete increases consumer choices and provides individuals with the greatest control over what they own and earn.

How We Do It
FreedomWorks’ aggressive, real-time campaigns activate a growing and permanent volunteer grassroots army to show up and demand policy change.

Listen LIVE at the BlogTalkRadio website. Join our conversation at (347) 677-0792, or fire questions and comments via our always energized chat room. As a reminder, all No Quarter Radio shows are taped, archived, and available as podcasts on iTunes.

LD

  • Dr. N

    Hi:

    I’m not into conspiracy thoughts very often, but this GS thing smells at every level. What GS did may not technically e criminal, but if you are not Paulson or some other big hedgie, you have to believe you know more than they do to trade with GS. However, more to the point,what do you think about the huge volume in C for the 3 days prior to the SEC announcement (our govt liquidating part of its huge stake?) and the announcement coming just as the “financial reform package” is stalling?

    I am not financial professional, so may be off base, but think the most important element of reform is transparency.. all derivatives on an exchange, no hidden markets, no off balance sheet stuff (can any of you more knowlegable people tell me legitimate reasons for off balance sheet entities/transactions?).

    Thanks for all the enlightening work! eyekew

    • LD

      Dr. N,

      Your points are quite good and very pertinent to the current dynamics at work in our markets. The simple fact is Citigroup is the most heavily traded stock almost each and every day. Retail activity? Hardly. More appropriately designated as ‘churning’ by dealers via high frequency trading activity.

      The reason why overall volume is way down is because many retail investors lack confidence in the economy, the markets, and Wall Street in general.

      The timing of the SEC charge vs GS is more than a little suspicious.

      I have not read the Kotlikoff piece.

  • Dr. N

    Also…has anybody read “Jimmy Stewart is Dead” by Laurence Kotlikoff. Apparently, he suggests combining 150+ government regulatory agencies into one and setting up a non-profit rating agency for financial instruments. Comments? Eyekew

  • Sid

    LD, you seem to be be doing a double talk. For months you’ve been railing about FINRA and SEC not doing their jobs. Now you find “the timing of SEC charges vs GS is more than a little supicious”. Is there a better time than now to bring charges. Hope you will enlighten.

    • LD

      Sid,

      I should have been more explicit.

      I find the timing of the Goldman Sachs charge suspicious in light of the fact it was released the same day that a scathing review by the SEC OIG (Office of Inspector General) was released detailing the SEC’s horrendous performance regarding the Stanford Financial situation.

      Thank you for pointing that out so I could clarify. The timing of these releases was clearly managed to minimize damage to the SEC. The fact that the releases came out on the same day shows us a large part of the character of this organization.






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