The Final Straw for the US Dollar
The Federal Reserve has committed to another bailout today. No Congressional approval was asked for or needed. The recipients of this bailout are not the labor unions, community organizational groups...
View ArticleEuropean TARP Financed by the Federal Reserve
Peter Orszag, a vice chairman at Citigroup made the following statement today: It is very strongly in our interests, and by that I mean U.S. interests, to avoid having Europe, in particular its banking...
View ArticleThis Time It’s Different
Benjamin Franklin was asked what kind of government the fledging country would become after the Articles of Confederation were replaced. He replied “A republic, if you can keep it”. Are we now...
View ArticleEurope Rejects Geithner’s Printing Press Solution
Tim Geithner’s latest trip to Europe to implement a “printing press solution” to their financial problems has been rejected. Germany (throught the ECB) has decided to maintain their sovereignty and...
View ArticleHow Much Will An IMF Bailout Cost the United States?
The International Monetary Fund is broke and needs a bailout of $1.4 trillion. Since the United States is a member of the One World Order cartel composed of the Federal Reserve, IMF and World Bank, we...
View ArticleThe 2nd amendment – European Style
If you don’t know what a CDS is or who is running the ISDA, you are probably vested (or somewhat vested) in the stock market. Although the media is not giving a real analysis of what happened...
View ArticleJapan Will Help Bailout the European Union – Is Anyone Asking How?
Japan is preparing to “lend” money to the International Monetary Fund (IMF) to help bailout the European Union. With want? The full faith and credit of Japan? Japan’s debt to GDP ratio is over 200%....
View ArticleUS backs new IMF loan to Greece: Geithner
US Treasury Secretary Timothy Geithner on Sunday threw Washington’s support behind the new austerity measures agreed by Greece and said the US backed the idea of a new IMF loan for Athens. “We welcome...
View ArticleThe Evolution of War
See additional comments on Tea Party Nation. The end result in a war is the looting of the losing country or countries resources. In earlier history, the people would be enslaved, relocated and/or...
View ArticleThe Genius of Mutual Indebtedness – Nigel Farage
//www.youtube.com/watch?v=TN_1mF-3JTI Transcript: “Another one bites the dust. Country number four, Spain, gets bailed out and we all of course know that it won’t be the last. Though I wondered over...
View ArticleSpain inches closer to seeking sovereign bailout
Spain inched closer to seeking a sovereign bailout on Friday as Prime Minister Mariano Rajoy opened the door to a request, although he said he needed first to know the attached conditions as well as...
View ArticleMoron in Chief
From Zerohedge.com A 40% loss of post-IPO market-cap, channel-stuffing largesse, contract-law destruction, and all with tax-payer backing. That is what the Bailout’er-in-chief has in mind for every...
View ArticleGM CEO HEADS TO CAPITOL HILL AS BAILOUT SETTLEMENT TALKS FALL APART
General Motors CEO Daniel Akerson plans to roll up to Capitol Hill Thursday in a flashy new Corvette Stingray less than 24 hours after settlement talks fell apart in a lawsuit that could cost GM at...
View ArticleBailout Closing: Cyprus & lenders agree on taxing deposits
//www.youtube.com/watch?v=4wtSmcaBnf0 From YouTube: Cyprus and international lenders have managed to strike a long-awaited agreement on taxing bank deposits of over 100-thousand euros held with the...
View ArticleIMF Says Another Greek Bailout Necessary
Just six short months ago (before GGBs rallied 119% and the Athens Stock Index 53%), the EU and IMF agreed on Greek Debt/GDP targets, pronounced the nation “fixed”, and went on winter vacation. Well,...
View ArticleThe Final Straw for the US Dollar
The Federal Reserve has committed to another bailout today. No Congressional approval was asked for or needed. The recipients of this bailout are not the labor unions, community organizational groups...
View ArticleEuropean TARP Financed by the Federal Reserve
Peter Orszag, a vice chairman at Citigroup made the following statement today: It is very strongly in our interests, and by that I mean U.S. interests, to avoid having Europe, in particular its banking...
View ArticleThis Time It’s Different
Benjamin Franklin was asked what kind of government the fledging country would become after the Articles of Confederation were replaced. He replied “A republic, if you can keep it”. Are we now...
View ArticleEurope Rejects Geithner’s Printing Press Solution
Tim Geithner’s latest trip to Europe to implement a “printing press solution” to their financial problems has been rejected. Germany (throught the ECB) has decided to maintain their sovereignty and...
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