On the Brink of Hyperinflation
Bernanke footnote: Fed wants end to ‘minimum reserve requirements’Stephen C Webster | RawStory.com In the footnotes of a speech U.S. Federal Reserve Bank Chairman Ben Bernanke would have given to the House Financial Services Committee on Feb. 10, lies a unique and startling disclosure. Hosted on the Federal Reserve’s own servers, the written testimony of the bank’s [...]
Secret Banking Cabal Emerges From AIG Shadows: David Reilly
David Reilly | Bloomberg.com The idea of secret banking cabals that control the country and global economy are a given among conspiracy theorists who stockpile ammo, bottled water and peanut butter. After this week’s congressional hearing into the bailout of American International Group Inc., you have to wonder if those folks are crazy after all. Wednesday’s hearing [...]
Geithner’s Fed Told AIG to Limit Swaps Disclosure
Hush Son | Bloomberg.com The Federal Reserve Bank of New York, then led by Timothy Geithner, told American International Group Inc. to withhold details from the public about the bailed-out insurer’s payments to banks during the depths of the financial crisis, e-mails between the company and its regulator show. AIG said in a draft of a regulatory filing that the [...]
Fed Beaten: Bill To Audit Federal Reserve Passes Key Hurdle
Ryan Grim | HuffingtonPost.com In an unprecedented defeat for the Federal Reserve, an amendment to audit the multi-trillion dollar institution was approved by the House Finance Committee with an overwhelming and bipartisan 43-26 vote on Thursday afternoon despite harried last-minute lobbying from top Fed officials and the surprise opposition of Chairman Barney Frank (D-Mass.), who had [...]
Central Bankers Symposium this weekend in Jackson Hole, Wyoming
James Quinn | Telegraph.co.uk Federal Reserve chairman Ben Bernanke is set to meet with central bank governors from Italy, France and Japan at the annual gathering of at the Kansas City’s Federal Reserve’s annual symposium. The key question to be addressed at the weekend meeting is how the US will be able to bring an [...]
Bernanke: “I Don’t Know” Which Foreign Banks Were Given Half a Trillion
Paul Joseph Watson | PrisonPlanet.com Federal Reserve chairman Ben Bernanke was confronted yesterday by Congressman Alan Grayson about which foreign banks were the recipients of Federal Reserve credit swaps, but he was unable to provide an answer as to where over half a trillion dollars had gone. Asked which European financial institutions received the money, [...]
$24 Trillion — Nothing to see here
Jbearlaw | DailyKos.com $24 Trillion. That’s the estimated amount of loan guarantees, TARP and TILF money handed out, along with the other programs designed to bailout the financial industry. That’s according to the Inspector General, Neil Barofsky. But it’s nothing to worry about, according to the AP. Jbearlaw’s diary :: :: The government’s maximum [...]
More Bernanke, Mr. Issa, And The Media
Market-Ticker.Denninger.net I’m done being nice about this. First, watch the following clip from CNBC. It is quite clear, and explicit. This set off a veritable firestorm on CNBC, with various commentators coming in to defend Bernanke. None, however, was more odious than Jim Cramer, who said we need “a little less democracy.“ What? LESS DEMOCRACY Jim? Oh, I get [...]
Audit ‘Ben Bernanke’ Bill, H.R. 1207, Now Has 222 Co-Sponsors
Free Society | DailyKos.com The Central Bank Monopoly might finally be audited sometime in the future for the first time in over 95 years (since the inception of the Federal Reserve system). House Resolution H.R. 1207, the Bill to Audit the books of The Federal Reserve Oligarchs, now has 222 Congressmen/Congresswomen signed on as official [...]
Bill To Audit Federal Reserve Now Has 207 Co-Sponsors
Steve Watson | InfoWars.com At time of writing, a bill that would see the Federal Reserve bank audited for the first time in 59 years has 207 cosponsers in the House and is gaining traction with every single day. This means just 11 more are needed for a majority to be reached in the House. [...]
Jack Bauer can’t stop ‘The Goldman Conspiracy’
10 reasons why Wall Street has absolute power over America’s democracy Paul Farrell | MarketWatch.com ARROYO GRANDE, Calif. (MarketWatch) — Two mind-numbing fast-paced dramas. Two parallel worlds. One real, one fiction, both deadly. Jack Bauer, mythic hero of “24.” Dying from a deadly bio-pathogen leaked from weapons developed by Starkwood, a rogue mercenary army attacking [...]
Hannity, Morris Agree with “Conspiracy People” About New World Order
In the video here, the former Clintonite Dick Morris, who is now a darling of Fox News, tells Sean Hannity the globalists will put the “American economy under international regulation” and “those people who have been yelling, oh, the UN is going to take over… they’ve been crazy, but now they’re right.” It’s the “international [...]
Bachmann bill would ban global currency
Eric Zimmerman | TheHill.com Rep. Michele Bachmann (R-MN) has introduced legislation that would “bar the dollar from being replace by any foreign currency.” A statement from Bachmann’s website: “Yesterday, during a Financial Services Committee hearing, I asked Secretary Geithner if he would denounce efforts to move towards a global currency and he answered unequivocally that [...]
The Big Takeover
Matt Taibbi | RollingStone.com It’s over — we’re officially, royally fucked. no empire can survive being rendered a permanent laughingstock, which is what happened as of a few weeks ago, when the buffoons who have been running things in this country finally went one step too far. It happened when Treasury Secretary Timothy Geithner was forced [...]
Gary Franchi Exposes Federal Reserve on PBS
http://RestoreTheRepublic.com PBS station, KBDI, in Denver Colorado broadcast the groundbreaking expose, America: Freedom To Fascism to raise funds for the station. They invited Gary Franchi to come and talk about the points of the film during breaks. To support KBDI please consider making a pledge so they can continue broadcasting the message to truth to [...]
Fed Refuses to Release Bank Data, Insists on Secrecy (Correct)
Mark Pittman and Craig Torres | Bloomberg.com The Federal Reserve Board of Governors receives daily reports on bailout loans to financial institutions and won’t make the information public, the central bank said in a reply to a Bloomberg News lawsuit. The Fed refused yesterday to disclose the names of the borrowers and the loans, alleging [...]
