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Congressional Dish

CD041: Why Attack Syria?

Congressional Dish

Jennifer Briney

News, Congress, Government, Politics, Corporations

4.81.1K Ratings

🗓️ 30 August 2013

⏱️ 41 minutes

🧾️ Download transcript

Summary

While the U.S. Congress remained on vacation, British Parliament was called back to debate a pending attack on Syria. We also look at some facts about Syria that suggest we might be getting into a Shock Doctrine type of situation. Links to Information in This Episode Intro Music: by (found on ) Song: by (found on ) Buy by Naomi Klein (Amazon) of the British Parliament debate on August 29, 2013 of the Syrian chemical attack on August 20, 2013 Obama Administration says an attack According to the British, there have been of the random Syrian Assad supporter The twelve things about Syria the Assad supporter wanted Americans to know: There is a , and in the Middle East in general Syria must share its water with neighbors: Syria has oil reserves Assad's intends for Syria to become a transportation hub for fossil fuels Syria, Iraq, and Iran signed a $10 billion deal for a natural gas pipeline that would export Iranian natural gas out of Damascus () : President Obama announces that Assad must resign The United States sanctions on Iran around the world on behalf of the American monopoly patent holders in their humanitarian missions Strengthening the monetary policy framework and the financial sector 29. Notwithstanding the progress in activating monetary policy in the past two years, Syria's monetary policy framework remains rudimentary and in need of major strengthening to allow the central bank to use indirect instruments of monetary control to operate effectively in a financial system that will increasingly become market-based. Indirect instruments will strengthen the price mechanism in the financial sector, ensuring a more efficient allocation of financial resources and a proper pricing of financial risks. 30. Progress toward this medium-term goal should start by having the central bank gain full control of existing direct instruments. The central bank should have the right to decide on credit ceilings and credit policies of banks with a view to ensuring a pace of credit and monetary expansion consistent with maintaining price stability while fostering economic activity and employment. Banks have to abide by all prudential regulations. Beyond this, the role and responsibilities of the central bank and the ministry of finance in exercising oversight on the banks should be clearly defined. While the government could play a lead role in choosing the board and the management of public banks, the CBS should have the authority to evaluate and approve banks' policies, and procedures related to the credit and investment. 31. Furthermore, the CBS should have operational independence and the institutional capacity to exercise effective banking supervision. Indeed, in the absence of effective banking supervision, the strong credit growth and the rapid opening of the banking system could endanger the soundness of the financial sector. Therefore, the mission urges the authorities to: give the central bank power to: (i) address noncompliance, as well as safety and soundness concerns it may have for certain banks, and (ii) to ensure that fit and proper criteria are met in appointing senior staff in public and private banks and that credit policies are consistent with safe and sound best practices; allocate adequate resources to continue to build capacity for banking supervision; and complete the banking supervision framework including a licensing manual to ensure prudent and transparent licensing policy. (Another article ) "Rebels" after Qaddafi was removed from power The Central Bank of the Islamic Republic of Iran is

Transcript

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0:00.0

And the I am so damn tired of being like to.

0:15.0

I am so damn tired of being like to.

0:20.0

I don't think I can't deny it anymore.

0:30.0

You can't stick to your story if you think it flies

0:40.0

But I'm not going to buy it anymore.

0:47.6

Hey there congressional dish listeners,

0:49.4

this is your host Jennifer Briny

0:50.9

and welcome to the 41st episode of Congressional Dish. Now this

0:54.8

week was supposed to be part two of the Department of Homeland Security

0:58.5

series that I'm doing. The first part was giving you some history of where the

1:02.0

department came from and the

1:03.6

second part is going to be on the funding bill that passed the house back in June.

1:07.5

The thing is I'm going to put off that second part for one week because this week we

1:12.2

are going to war kids unless you're living

1:15.3

under a rock somewhere you know that I am referring to the pending attack on

1:19.3

Syria so what we're going to do in this episode is I'm going to give you some

1:23.0

highlights of the debate today from the British House of Commons. The British

1:27.2

House of Commons is essentially Great Britain's version of Congress and

1:31.0

the reason we have to look at the British debate is because our own Congress

1:35.2

didn't even consider coming back from vacation

1:38.0

to debate a matter of war.

1:40.1

Now the reason that we have to care about this is that the Constitution says that it is Congress,

...

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