Source – phoenixcapitalmarketing.com – Behind the veneer of “all is well” being promoted by both world Governments and the Mainstream Media, the political elite have begun implementing legislation that will permit them to freeze accounts and use your savings to prop up insolvent banks. This is not conspiracy theory or some kind of doom and…
Source – davidstockmanscontracorner.com – GE’s announcement that its getting out of the finance business should be a reminder of how crony capitalism is corrupting and debilitating the American economy. The ostensible reason the company is unceremoniously dumping its 25-year long build-up of the GE Capital mega-bank is that it doesn’t want to be regulated by Washington as a systematically important financial…
Source – rawstory.com – Sen. Elizabeth Warren (D-MA) told Jon Stewart that the influence of the wealthy on Washington was so pervasive that many lawmakers had probably stopped noticing. “The problem we’ve got is that there is so much money flowing into Washington, so much power (and) so many lobbyists, that it becomes the norm,”…
Source – shtfplan.com – Earth shaking words from a giant on Wall Street. The insiders know the next collapse is coming. What form it takes may remain a surprise to account holders and investors who are not on guard. But JPMorgan Chase chairman and CEO Jamie Dimon is positioning his firm to pick up the…
Source – stopshouting.blogspot.ca – Greece’s Prime Minister Alex Tsipras will be heading to Moscow tomorow, and the legacy media that is the de facto public relations wing of the IMF and World Bank are in overdrive to continue to advance the narrative that Greeks are irresponsible, indolent, the visit is an amateurish attempt to blackmail…
Source – zerohedge.com – It was back in June 2011 when we first hinted that the time of Odious Debt is rapidly approaching. As a reminder, this is what Odious Debt is: In international law, odious debt is a legal theory which holds that the national debt incurred by a regime for purposes that do…
Source – ellenbrown.com – According to a new study from Princeton University, American democracy no longer exists. Using data from over 1,800 policy initiatives from 1981 to 2002, researchers Martin Gilens and Benjamin Page concluded that rich, well-connected individuals on the political scene now steer the direction of the country, regardless of – or even…
Source – wallstreetonparade.com -It’s tough to keep up with the conspiracy theories that run rampant from day to day in the hallowed halls of Congress. But one that is gaining traction is that the U.S. Treasury Department’s Financial Stability Oversight Council (whose acronym is pronounced F-SOC) is the handmaiden of an international finance cabal and…
Source – CounterPunch.org – On September 25, 2011, just eight days after the Occupy Wall Street protests began in Zuccotti Park in lower Manhattan, the much acclaimed CBS News program, 60 Minutes, aired a fawning look at the thousands of surveillance cameras affixed to buildings and lampposts throughout New York City. The cameras feed live…
Source – thesundaily.my – Be proud, America! You have the very best Congress that money can buy. It’s no secret that many in the House and Senate have long been corrupted by money and special interests. The constant need to advertise on TV makes all politicians slaves of the money lenders and other big…
Source – uk.reuters.com – Iceland’s Supreme Court has upheld convictions of market manipulation for four former executives of the failed Kaupthing bank in a landmark case that the country’s special prosecutor said showed it was possible to crack down on fraudulent bankers. Hreidar Mar Sigurdsson, Kaupthing’s former chief executive, former chairman Sigurdur Einarsson, former CEO…
Source – investmentwatchblog.com -The Financial Times warned today about the growing global ‘bond bubble’ and potential severe problems in the bond markets and ‘systemic risk’ which may come to a head in June if the Federal Reserve raises interest rates. In an article entitled “Time to find out hard way if asset management is systemic…
Source – dailyreckoning.com.au – When we left you yesterday, we were trying to connect the bloated, cankerous ankles of the US economy (Part 1) to the sugar rush of its post-1971 credit-based money system (Part 2). Today, we look at the face of our government. It is older… with more worry lines and wrinkles. But…
Source – acting-man.com – Shabby Immensity: Today, we continue mouth wide open (Part 1 here) … staggered by the shabby immensity of it … a tear forming in the corner of our eye. Yes, we are looking at how the US economy, money and government have changed since President Nixon ended the gold-backed monetary system…
Source – nypost.com – The stock market is rigged. When I started making that claim years ago — and provided solid evidence — people scoffed. Some called it a conspiracy theory, tinfoil hats and that sort of stuff. Most people just ignored me. But that’s not happening anymore. The dirty secret is out. With stock…
Source – .zerohedge.com – House of the Rising Stock Market: Last week was bad for the dollar, but good for US stocks. On Friday, the greenback capped its worst five days of trading in four years. The Dow rose another 168 points – or nearly 1%. This took place after Madame Yellen, proprietress of the…
Source – counterpunch.org – Since 1971, the value of the US dollar, and with it the corporeal integrity of the US economy, has been tied to what we know today as the petrodollar system. This arrangement is the result of Nixon’s abolition of the gold standard in 1971, the basis of valuing the US dollar…
Source – naturalnews.com – Have the big banks stopped being banks? If you believe the banking insiders speaking in their own words, then you would have to conclude the answer is yes. In a recent interview with Bloomberg News, Niels Storm Stenbaek, chief economist at the Danish Bankers Association, said this: “Banks don’t have a…
Source – sprottmoney.com – Does it get any funnier than this? Well, arguably, we’ve already seen an even funnier episode from these financial “Wile E. Coyotes”. But let’s begin with a look at the most recent “botched operation” by the psychopaths of the One Bank. To any readers with even a moderate comprehension of global…
Source – occupy.com – In previous installments, this series has examined the historical role played by Bilderberg meetings in influencing major institutions and policies across North America and Western Europe over the past half century; the role of the meetings in supporting the rise of corporate and financial-friendly politicians to high office; the representation of…
Source – earthfirstjournal.org – In August 2010, the Federal Bureau of Investigation’s Domestic Terrorism Analysis Unit distributed an intelligence bulletin to all field offices warning that environmental extremism would likely become an increasing threat to the energy industry. The eight-page document argued that, even though the industry had encountered only low-level vandalism and trespassing, recent…
Source – occupy.com – This is the seventh installment in a series looking at the activities and individuals behind the Bilderberg Group. Read the first part, second part, third part, fourth part, fifth part and sixth part in the series. Throughout the course of the financial and debt crises in Europe, politicians played a supporting role to financial markets and financial technocrats…
Source – washingtonsblog.com – High-Level Fed Official: QE Is “The Greatest Backdoor Wall Street Bailout of All Time” – Many economists have said that quantitative easing (QE) quantitative easing benefits the rich, and hurts the little guy. It’s been known for some time that quantitative easing quantitative easing increases inequality (and see this and this.)…
Source – occupy.com –This is the sixth installment in a series examining the activities and individuals behind the Bilderberg Group. Read the first part, second part, third part, fourth part, and fifth part in the series. It could almost be a slogan: Bilderberg brings people together. Specifically, every year, the Bilderberg Group holds secret, “private” meetings at four star hotels around…
Source – wallstreetonparade.com – Yesterday, the Senate Banking Committee held the first of its hearings on widespread demands to reform the Federal Reserve to make it more transparent and accountable. Senator Elizabeth Warren put her finger on the pulse of the growing public outrage over how the Federal Reserve conducts much of its operations in…
Source – moneyfornothingthemovie.org – Narrated by the acclaimed actor Liev Schreiber, and featuring interviews with Paul Volcker, Janet Yellen, Jeremy Grantham and many of the world’s best financial minds, Money For Nothing is the first film ever to take viewers inside the world’s most powerful financial institution. MONEY FOR NOTHING is a feature-length documentary about the Federal Reserve – made…
Source – pro.dentresearch.com – David Stockman, architect of President Reagan’s economic turnaround known as ‘Morning in America’, warns of the looming collapse of free market prosperity and the destruction of American wealth. “The Fed is out of control,” exclaims David Stockman – perhaps best known for architecting Reagan’s economic turnaround known as ‘Morning in America’…
Source – econmatters.com – In previous crises, there was always a price paid for rescuing depositors. The 1984 failure of the country’s seventh-largest bank, Continental Illinois, forced the government to step in and guarantee depositors in full. The bank was finally absorbed by Bank of America in 1994, but the bank’s shareholders and management were…
Source – panafricannews.blogspot.ca – James Petras was Director of the Center for Mediterranean Studies in Athens (1981-1984) and adviser to Prime Minister Andreas Papandreou (1981-84). Here he analyzes the Greek crisis and its issues within the European Union. The Greek government is currently locked in a life and death struggle with the elite which dominate…
Source – ellenbrown.com – ” The fliers touted new ballfields, science labs and modern classrooms. They didn’t mention the crushing debt or the investment bank that stood to make millions. — Melody Peterson, Orange County Register, February 15, 2013 – Remember when Goldman Sachs…
Source – occupy.com,by Andrew Gavin Marshall – This is the fourth installment in a series that examines the activities and individuals driving the Bilderberg Group. Read the first part, second part and third part. In the previous Bilderberg article, I wrote that financial markets were “a type of global parasite with unprecedented power capable of determining the fate of…
Source – charleshughsmith.blogspot.ca – With the bankruptcy of Greece now undeniable, we’ve finally reached the endgame of the Neocolonial-Financialization Model. We all know how old-fashioned colonialism worked: the imperial power takes physical control of previously independent lands and declares its ownership of the region as a newly minted colony. What’s the benefit of controlling colonies?In…
Source – washingtonsblog.com – The UK Guardian is Earth’s third most-read on-line newspaper. In a revealing article, The truth is out: money is just an IOU, and the banks are rolling it in, the author explains what the Bank of England and US Federal Reserve admit: What we use for money is created as debt…
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