Mar 21 2011

Federal Reserve and the opaque banking syndicate – If the economy were booming why does the Fed still hold over $2.5 trillion in securities? $640 billion current fiscal year budget deficit.

The Federal Reserve is one giant black box of financial mysticism in our economy.  At least that is what the Fed wants the public to think so it can remain shrouded in mystery.  Since the crisis slammed our economy and the bailouts started in mass, calls for greater Federal Reserve transparency have been echoed in […]

Dec 3 2010

The con of the century – Federal Reserve made $9 trillion in short-term loans to only 18 financial institutions. Since 2000 the US dollar has fallen by 33 percent. The hidden cost of the bailouts.

The Federal Reserve released a stunning report showing the details of bailouts that occurred during the peak of the credit crisis.  They won’t call it “bailouts” but giving money when others won’t is exactly that.  What the report shows is that the Fed operated as a global pawnshop taking in practically anything the banks had […]

Nov 22 2010

The infection of massive global debt and the era of permanent bailouts – Global bankers on a mission to dilute currencies around the world. Ireland GDP equal to Louisiana GDP.

The problems plaguing Ireland are common and something very familiar with Americans.  Irish banks got drunk on housing bubble beer and loans were made without any actual thoughtful analysis of whether the loans would be paid back.  Now the European Union is stepping in with the IMF to bailout Ireland not because it has a […]

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