Here’s your economics quiz for the day: Question 1– What do you think would happen if you put $3 trillion into the financial system? a–Stock prices would rise b–Stock prices would fall c–Stock prices would stay the same Question 2– What do you think would happen if you put $3 trillion into the economy? (Via…
The Consumer Financial Protection Bureau (CFPB) has set up an online database of financial horror stories that shows what happens when an average American interacts with one of the financial supermarkets (a/k/a universal banks) that grew out of the repeal of the investor protection legislation known as the Glass-Steagall Act. The complaints are concentrated against…
The Petrodollar Is In Trouble. On one hand, the globalists have made no secret of the fact that they seek to introduce a global currency to the world. However, that time has not yet come for the roll out of a global currency because the United States military is not done being used as the…
What is euphemistically called “fractional-reserve banking” is obvious fraud, and obvious crime. By its very definition; it transforms the banking sector of an economy into a leveraged Ponzi-scheme, and as with all Ponzi-schemes, there is no possible “happy ending” here. Mathematically-based principles are often illustrated best through use of an extreme, numerical example. We have…
The Dow Jones Industrial Average Is a Farce Author: Wim Grommen. Mr. Grommen was a teacher in mathematics and physics for eight years at secondary schools. The last twenty years he trained programmers in Oracle-software. He worked almost five years as trainer for Oracle and the last 18 years as trainer for Transfer Solutions in the…
The Patriot Act, as some of you well know, has been used over the last 14 years as a catch-all law, allowing the [subversive] mass collection of personal data and other records, most often times without the knowledge of the people involved. These are not terrorists; not dangerous insurgents. More times than not, these are…
Many recent commentaries have noted a distinct devolution in the numerical lies which the U.S. government calls its “economic statistics”. Numbers which used to be mere exaggerations (i.e. used to somewhat mirror the real world) have now become literally perverse: opposite to reality.
Editor’s Note: As the ‘Audit the Fed’ bill once again gathers steam under a Republican Congress, but with significant bi-partisan support at least in questioning the shadowy quasi-government entity that controls the money supply, the controllers of the Federal Reserve [A non-federal entity]are unsurprisingly stirring to speak against any potential meddling in their affairs.
Jeffrey Steinberg is interviewed on the processes which we now know to have directly motivated the takedown of one of FDR’s most important acts to safeguard the United States economy from hostile, foreign and colluding, traitorous elements. This safeguard is, the Wall-Street feared Glass-Steagall Act, which enforces a strict separation of commercial and investment banking.…
“In 1936, I declared that it was not the Covenant of the League that was at stake, but international morality…The Charter of the United Nations expresses the noblest aspirations of man: abjuration of force in the settlement of disputes between states; the assurance of human rights and fundamental freedoms for all without distinction as to…
