Posts Tagged ‘Federal Reserve’
Audit The Fed Effort Wins Support From An Unusual Coalition
via HuffPo:
“An unusual coalition of progressive economists, labor leaders, and bloggers has decided to fight back against a congressional amendment that would allow the Federal Reserve to continue operating in secrecy.”
November 18, 2009
House Financial Services Committee
2129 Rayburn House Office Building
Washington, D.C. 20515Dear Chairman Frank, Ranking Member Bachus, and Members of the Committee,
During the past two years, the Federal Reserve dramatically changed its operating procedures. Instead of simply setting interest rates to influence macroeconomic conditions, it rapidly acquired a wide variety of private assets and extended massive secret bailouts to major financial institutions.
There are still many questions about the Fed’s behavior in these new activities, including potential cronyism and favoritism in its distribution of many trillions of dollars. As the Special Inspector General for the Troubled Assets Relief Program recently wrote…
The Money That Is Sold Abroad Is YOU!
It is not dollars, treasuries, bonds and debt that is being sold by your government. Text and references: Freedomain Radio
“Bones” in the Money Pit
By Robert Singer
“Things do not happen. Things are made to happen.”—JFK.
Our consumer society didn’t just happen, it was planned. Not in 1910, or 1954, but in the year 1832, the year William Huntington Russell and fellow classmate Alphonso Taft at Yale University founded the Skull and Bones society, a branch of the Bavarian Illuminati.
According to most of the available biographical data on its early members, the money required to sustain the secret order’s campus affairs and its broader role in placing its members into key positions of influence upon their graduation from Yale was derived from the opium trade in the Far East.
Members, known as “Bonesmen,” include Rockefeller, Kuhn, Loeb and Morgan all connected to the House of Rothschild’s global financial empire. They are founders of the Federal Reserve, the…
Silver, But No Silver Lining
By Robert Singer
The end of our consumer society is on the horizon, which should be no surprise to anyone who took Economics 101. Do we really expect to spend our way out of this mess by buying and selling each other useless cheap stuff from China?
As the financial collapse gathers steam, gold and silver oracles like Butler, Friedman, Morgan and Turk who have been predicting for years the launch of the price of silver to the moon will see their prophecy fulfilled, but a celebration is not in order.
Being wealthy during the last 60 years of unprecedented prosperity at the expense of the Third World and the environment is one thing, but profiting from a bull market in silver when millions of hungry Americans are living in tent-cities next door…
Meat, Milk and Motors: The New China Syndrome
By Robert Singer
August 21, theatres around the nation screened the documentary I.O.U.S.A. and a live discussion with America’s most notable financial leaders and policy experts, including Warren Buffett; William Niskanen, chairman of the Cato Institute; Pete Peterson, senior chairman of The Blackstone Group and former U.S. Comptroller General, Dave Walker.
August 25, Mr. William Niskanen, CEO of the Cato Institute, confirmed his remarks on the I.O.U.S.A. post-broadcast panel discussion.
Dear Mr. Singer,
I do not have a tape of my remarks last Thursday evening. As I remember, however, I expressed being puzzled why the central banks of China, Japan, and South Korea have continued to invest so much in U.S. Treasury securities. For these central banks have earned a negative real return on these securities, for which the interest rate has been lower…
2008 Financial Collapse: An Inside Job
By Robert Singer
Maybe it’s the smoke from Mt. Vesuvius that keeps Arianna Huffington and the financial community from seeing that the economic collapse has nothing to do with the Fed “missing” the warning signs leading up to the October meltdown.
“Things do not happen. Things are made to happen.” John F. Kennedy
The Fed didn’t miss anything; the October meltdown was an inside job.
Capitalism never made sense
Professor Ebeling, the Ludwig von Mises professor of Economics at Hillsdale College, understood something was wrong when he wrote: “the perverse development and evolution of historical capitalism, the institutions necessary for a truly free-market economy have been either undermined or prevented from emerging.”
But when he claimed, “it is the principles and the meaning of a free-market economy that must be rediscovered” in order to overcome the…
Who is “Rewriting the Rules of American ‘Capitalism’”?
“We don’t want your tired, poor, huddled masses yearning to trash the planet” The Federal Reserve, 2009.
By Robert Singer
Having trouble understanding the events since the October 2008 financial crisis?
Any of this sound familiar:
- Banks hoarding their TARP funds
- Gas prices going up when they should be going down
- Automobile dealerships closed without regard to profitability
- Health Care reform: The Kevorkian is out of jail early
What’s going on?
Bush Sr. said our way of life wasn’t negotiable in 1992 but as of October 2008, it’s all over but the weeping and gnashing of teeth.
And in one of those coincidences that don’t happen very often: like all four financial meltdowns in history occurring in October, the October 2008 financial meltdown guaranteed Barack Obama, an unknown senator 4 years ago, would be the 44th president of the United…
Richard Belzer calls out the Federal Reserve on HBO
Richard Belzer on Real Time with Bill Maher exposing the Federal Reserve plot to destroy the country and their roll in the assassination of JFK. (Note, there’s an ad for gold at the tail of the clip, you can stop watching once that starts.)
