Source – globalresearch.ca – Committee for Monetary and Economic Reform (COMER) Sues the Bank of Canada. Canadians Fight to Restore their “National Public Bank”: On October 14, the Canadian Court of Appeals heard another attempt from the Crown (representing the Bank of Canada) to dismiss a case against it–a case that argues the Bank has…
Source – oftwominds.com – If conventional labor and finance capital have lost their scarcity value, then the era in which financialization reaped big profits is ending. Why is wealth/income inequality soaring? The easy answer is of course the infinite greed of Wall Street fat-cats and the politicos they buy/own. But greed can’t be the only…
Source – wallstreetonparade.com – Just when you thought Wall Street’s heist of the U.S. financial system couldn’t get any crazier, along comes a regulator’s report on FDIC-insured banks exposure to derivatives. According to the Office of the Comptroller of the Currency (OCC), one of the regulators of national banks, as of June 30 of this…
Source – neilkeenan.com – The history behind the Global Collateral Accounts is vast and complex, and reaches back some 250 years. For the purposes of this brief overview, we will focus on two key elements which are now headlining stories around the world: debt, and gold. The Western banking oligarchy’s current global control can be…
Source – http://www.zerohedge.com – On of the key things to understand about the massive, coordinated, global easing effort on which central banks have embarked since the financial crisis is that these policies have served to widen the gap between the rich and poor. Ben Bernanke – and plenty of other vaunted central planners for that…
Source – davidstockmanscontracorner.com – Perhaps the most dangerous thing about where the world seems to be headed now that central bankers have not only lost credibility in the minds of investors, but in their own minds as well, is that it’s not entirely clear what will happen to society if credit suddenly dries up. That…
Source – oftwominds.com – If you don’t think these definitions apply, please check back in a year. The mainstream is finally waking up to the future of the American Dream: downward mobility for all but the top 10% of households. A recent Atlanticarticle fleshed out the zeitgeist with survey data that suggests the Great Middle…
Source – webofdebt.com – The Fed is privately owned. Its shareholders are private banks: “The one aim of these financiers is world control by the creation of inextinguishable debt” – Henry Ford, – “Some people think that the Federal Reserve Banks are United States Government institutions. They are private monopolies which prey upon the…
Source – newdawnmagazine.com – Let me issue and control a nation’s money and I care not who writes the laws. – Mayer Amschel Rothschild (1744-1812), founder of the House of Rothschild Perhaps the single most important thing to know about power in the world today is that most nations do not have control over their…
Source – goldmoney.com – The sudden end of the Fed’s ambition to raise interest rates above the zero bound, coupled with the FOMC’s minutes, which expressed concerns about emerging market economies, has got financial scribblers writing about negative interest rate policies (NIRP). Coincidentally, Andrew Haldane, the chief economist at the Bank of England, published a…
Source – ellenbrown.com – Predictions are that we will soon be seeing the “nuclear option” — central bank-created money injected directly into the real economy. All other options having failed, governments will be reduced to issuing money outright to cover budget deficits. So warns a September 18 article on ZeroHedge titled “It Begins: Australia’s Largest…
Source – nationofchange.org – Members of the sinking middle class in our pathologically unequal society may well find it convenient to blame people in lower economic classes, who are unlikely to fight back. It’s a game for the people looking down on a troubled nation: – Capitalism has worked for big business and for the…
Source – trueactivist.com – As Oxfam warns that global wealth inequality is spiraling out of control, we ask why the Rothschilds and Rockefellers are missing from the business magazine’s definitive annual guide…with some startling revelations “Permit me to issue and control the money of a nation, and I care not who makes its laws.“…
Source – zerohedge.com – The most important piece of news announced today was also, as usually happens, the most underreported: it had nothing to do with US jobs, with the Fed’s hiking intentions, with China, or even the ongoing “1998-style” carnage in emerging markets. Instead, it was the admission by ECB governing council member Ewald…
Source – collectivelyconscious.net – We sacrifice our precious time as living mammals in order to receive money. In doing so, we often compromise our health. We then sacrifice our money in order to improve our health so that we can continue to sacrifice time for money. The world tells us we need pieces of paper…
Source – paulcraigroberts.org – Are we witnessing the corruption of central banks? Are we observing the money-creating powers of central banks being used to drive up prices in the stock market for the benefit of the mega-rich? These questions came to mind when we learned that the central bank of Switzerland, the Swiss National Bank,…
Source – voltairenet.org – It is impossible to understand the downfall of without linking it to his project for the creation of a new international reserve currency, which was to be launched on 26 May 2011 at the Deauville G-8 summit. The project was paradoxically anticipated as much by the Emerging States as by stateless…
Source – ragingbullshit.com – Where has all the money gone? That is the question that desperately needs asking (and answering) now that the European Union has morphed into one humongous orgy of national bailouts. In his 2013 documentary “The Secret Bank Bailout,” German investigative journalist Harald Schumann documents how the peoples of Ireland, Cyprus and Spain…
Source -libertyblitzkrieg.com – Before I get into the meat of this post, I want to make it clear that just because I point out the following doesn’t mean I like tax and think we need more of it. Rather, there are two main points I want to get across. 1) Oligarchs create tax loopholes for…
Source – .theguardian.com – Without us noticing, we are entering the postcapitalist era. At the heart of further change to come is information technology, new ways of working and the sharing economy. The old ways will take a long while to disappear, but it’s time to be utopian… The red flags and marching songs of…
Source – theeconomiccollapseblog – Most Americans do not understand what the Federal Reserve is or why it is at the heart of our economic problems. When Americans get into discussions about the economy, most of them still blame either the Democrats or the Republicans for inflation, for the housing crash, for our rampant unemployment and…
Source – peakprosperity.com – You really have to be paying attention to see what’s truly going on these days. The keepers of the system, that is the banking elites, now openly control everything — though you’d never know that by listening to the media. Consider this: Eurozone backs €7bn bridging loan Jul 16, 2105 Eurozone ministers…
Source – globalresearch.ca – An historic betrayal has consumed Greece. Having set aside the mandate of the Greek electorate, the Syriza government has willfully ignored last weeks landslide No vote and secretly agreed a raft of repressive, impoverishing measures in return for a bailout that means sinister foreign control and a warning to the world.…
Source – tapnewswire.com – Greece is only the beginning. Greeks driven out of their country by the collapsed economy, demise of the social welfare system, and extraordinary rate of unemployment will take their poverty to other EU countries. Members of the EU are not bound by national boundaries and can freely emigrate. Closing down the…
Source – thenewamerican.com, By Alex Newman – The State of Texas is setting up a gold-backed bank that will allow depositors to bypass the controversial Federal Reserve System and its fiat currency in banking and commerce, according to the state representative who authored the recently enacted law. Under the measure, passed overwhelmingly by lawmakers and…
Source – charleshughsmith.blogspot.ca – With authentic growth scarce, there’s no other way to reap huge profits but cannibalism. When people say “capitalism has failed” or “capitalism has succeeded,” we have to ask: what type of capitalism do you mean? Authentic capitalism, in which capital is placed at risk to earn a return in a competitive, transparent…
Source – zerohedge.com – “The debt-fueled prosperity that so many of us take for granted is about to come to a screeching halt, and we are about to enter the hardest times that any of us have ever known. And we are not just talking about economics either. Based on all of the intel and…
Source – rollingstone.com – “Barack Obama’s former top cop cashes in after six years of letting banks run wild”: – Eric Holder has gone back to work for his old firm, the white-collar defense heavyweight Covington & Burling. The former attorney general decided against going for a judgeship, saying he’s not ready for the ivory…
Source – zerohedge.com – There is democratic capitalism, and there is fascist capitalism. What we have today is fascist capitalism; and the following will explain how it works, using as an example the case of Greece. Mark Whitehouse at Bloomberg headlined on 27 June 2015, “If Greece Defaults, Europe’s Taxpayers Lose,” and presented his ‘news’ report, which…
Source – theeconomiccollapseblog.com, By Michael Snyder – Central banking has truly taken over the entire planet. At this point, the only major nation on the globe that does not have a central bank is – North Korea. Yes, there are some small island countries such as the Federated States of Micronesia that do not have…
Source – john-f-kennedy.net – Both Presidents’ Lincoln and Kennedy sacrificed their lives in an effort to turn the tables on the Money Changers (international banksters). With the issuance of usury-free money, their actions succeeded in bringing prosperity back to the nation for a briefly, cut short only by the criminal and ruthless actions of the international banking cartel, who were ultimately responsible for the assassinations of…
Source – voltairenet.org – The current debate about the Greek debt has given rise to all sorts of threats, first of all against Tsípras’ government, then against the Greek voters. Without becoming involved in a discussion of the repugnant side of this affair, Thierry Meyssan observes the international campaign against Greece leaving the Euro zone.…
Source – davidstockmanscontracorner.com – Over the weekend, we showed why contrary to unfounded speculation that Greece is entirely contained, there are still extensive linkages when it comes to the fallout a Grexit would reap if not directly on private commercial banks which over the years managed to offload their Greek exposure to the Europe’s taxpayers….…
RIELPOLITIK 