Federal Reserve

CNBC Anchors Mortified That Ron Paul Was Allowed Air Time

Steve Watson | InfoWars.com CNBC anchors were left dumbfounded and acted overtly cantankerous yesterday after Congressman Ron Paul’s opening statement at the House Financial Services Committee was broadcast live to an audience of millions. CNBC went live to the House, clearly without knowing that the Texas Congressman had the initial Republican statement at the hearing [...]

Orwellian Doublethink: “Nationalize the banks.” “Free Markets.”

Michael Hudson | GlobalResearch.ca Banking shares began to plunge Friday morning after Senator Dodd, the Connecticut Democrat who is chairman of the banking committee, said in an interview with Bloomberg Television that he was concerned the government might end up nationalizing some lenders “at least for a short time.” Several other prominent policy makers – including Alan [...]

TIME Mag does an article called, “New World Order.”

It Calls for Global Central Bank to be Constructed to “Save” the Global Economy, Backed by G-20. Didn’t We All Call This Out When We Were Telling You They Were Crashing The Economy On Purpose to Bring About the NWO? Is it fair to say, “Told u so?” At least in this context LooseChange911.com So [...]

Financial Coup d’Etat

Catherine Austin Fitts | Solari.com In the fall of 2001 I attended a private investment conference in London to give a paper, The Myth of the Rule of Law or How the Money Works: The Destruction of Hamilton Securities Group. The presentation documented my experience with a Washington-Wall Street partnership that had: Engineered a fraudulent housing and [...]

Treasury needs to borrow $493B in current quarter

Martin Crutsinger | AP.com  The Treasury Department says it will need to borrow $493 billion in the first three months of this year, a record amount for the January-March period. The Treasury Department says that figure comes on top of $569 billion the government borrowed from October through December, the all-time high for any quarter. The [...]

The Real Significance of The Fed’s Zero-Interest-Rate Policy

Matthias Chang | GlobalResearch.ca    INTRODUCTION The disinformation by the global financial dailies in the last twelve months as to the cause of the global financial tsunami, serve the same purpose as the global mass media when they perpetuated the lies that lulled the people to support the war criminals Bush, Blair and Howard to launch [...]

Ron Paul: Stimulus Packages Will Turn Recession Into A Depression

Steve Watson | PrisonPlanet.net Texas Congressman Ron Paul has warned that passing the latest proposed economic stimulus package would be akin to pouring kerosene on an already raging fire. Paul, who is also a member of the House Financial Services Committee, warned that such measures will cause a recession to turn into a full scale [...]

California May Issue Tax Refund IOUs

Jordan Rau & Evan Halper | LATimes.com Reporting from Sacramento — State officials on Tuesday braced for the possibility of delaying tax refunds to millions of Californians, along with student grants and payments to vendors, as the latest round of budget negotiations between Gov. Arnold Schwarzenegger and Democratic legislators collapsed.With little more than a month’s worth [...]

Engines of Recovery Flame Out as Economy Seeks Obama-Fed Rescue

Rich Miller | Bloomberg.com    The engines that have lifted the U.S. economy out of every recession since World War II will be of little help this time around. Inventory rebuilding, household spending, home construction and payroll growth — the forces that powered, to a greater or lesser extent, each recovery since 1945 — may remain missing for [...]

Oxford University historian traces first credit crunch back to Roman republic

Mark Brown | Guardian.co.uk Politicians searching for historical precedents for the current financial turmoil should start looking a bit further back after an Oxford University historian discovered what he believes is the world’s first credit crunch in 88BC. The good news is that Philip Kay knows how the Romans got themselves into financial bother. The [...]

Author of Rich Dad, Poor Dad, NY Times #1 Best Seller Speaks Truth about Financial Situation

Robert Kiyosaki | YahooFinance.com How did we get into the current financial mess? Great question. Turmoil in the Making In 1910, seven men held a secret meeting on Jekyll Island off the coast of Georgia. It’s estimated that those seven men represented one-sixth of the world’s wealth. Six were Americans representing J.P. Morgan, John D. [...]

Colossal Financial Collapse: The Truth behind the Citigroup Bank “Nationalization”

William Engdahl | GlobalResearch.ca  On Friday November 21, the world came within a hair’s breadth of the most colossal financial collapse in history according to bankers on the inside of events with whom we have contact. The trigger was the bank which only two years ago was America’s largest, Citigroup. The size of the US Government [...]

Zeitgeist – Addendum

October 4th, 2008 Zeitgeist – Addendum , exploring the Federal Reserve System, IMF, World Bank, debt based finance and more, has just been released and made available at Google video, YouTube, and of course the official Zeigeist website. Considering recent economic events it is sure to be watched by millions of outraged citizens worldwide and [...]