Jun 4 2014

Central banks and a global soft default: Current interest payments on public debt now exceed $415 billion per year. In 2000 $1 trillion in Fed debt was held by foreigners while today it is up to $6 trillion.

Global central banks are fully addicted to the opiate of debt. The financial system has created a rentier class that chases investment yield even when the economy isn’t necessarily growing. Think about that for a second. Why should someone expect a guaranteed return at any point in an economic cycle if the real economy is […]

Aug 8 2011

Federal Reserve openly targets dollar demise – U.S. Treasury and Federal Reserve solution to economic crisis is to crush dollar and target the standard of living for American families.

The collapse of the global stock markets was something that was supposed to happen if the debt ceiling wasn’t raised.  But here we are, seeing a sudden correction even after the debt ceiling was raised.  The Federal Reserve and U.S. Treasury are actively trying to crush the U.S. dollar so the debts of their banking […]

May 29 2011

The secretive workings of the central banking syndicate – Federal Reserve balance sheet reaches another record. Fighting monetary inflation by creating it.

Central banks provide a mystical approach to solving economic problems although they were initially created to solve short-term financial panics.  The first central bank was the Bank of England which was established in 1694.  It started out as a private institution but eventually took on a monopoly over all banks in England (all private banks […]

Mar 24 2011

The financial scam of the century – In 2010 we added 600,000 millionaires while 5,000,000 people were added to the food stamp program. Wealthy derive profits from stocks while middle class hold most of their net worth in housing.

Part of the discontent roaming across America is that the economic recovery is targeted to a small portion of the population.  This part of the population controls most of the mainstream media channels so the working and middle class are wondering why isn’t the fact that food, college, health care, or many other day to […]

Feb 25 2011

Banking Mammoths – Top 10 U.S. banks have $11 trillion of the $13 trillion in total banking assets. The problem? We have over 7,650 banks. The banking oligopoly leads to a concentration of wealth at the top.

The too big to fail problem is still an issue that needs to be dealt with even though many would like to ignore it like a big dark secret. The FDIC is holding up a system with $5.4 trillion in deposits and no deposit insurance fund. I know a lot of Americans have a hard […]

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