Tag Archives: Federal Reserve
BANKS DO NOT LEND MONEY: ROSENBERG EDITION
ABSTRACT: I get tired of reading about how banks lend money and take all these risks and are therefore entitled to “repayment.” National discourse on the fact that banks do not lend their or their depositors’ money needs to begin … Continue reading
Posted in Debt, Debt Slavery, Everything Is Rigged, Federal Reserve, fiat currency, Secondary debt market, US Bank
Tagged borrowing, Federal Reserve, fractional reserve, investors, lending, Maury Rosenberg, money out of thin air, mortgage-backed securities, New York Times, securitization
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FINES AREN’T FINE: JP MORGAN CHASE AND QE
So JP Morgan Chase is being fined again for essentially colluding with Bernie Madoff. Ho hum–big deal. Well, for them anyway. Because even though the latest $2 billion fine–according to Marketplace–“brings the grand total of fines JPM has paid in … Continue reading
Posted in class war, Debt, Federal Reserve, QE unlimited, Reverse socialism, Too big to fail
Tagged Bernie Madoff, Charles Ponzi, Chase, Federal Reserve, fines, JPMorgan Chase, QE, QE unlimited, Seinfeld
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THE FED HAS FAILED: 100 YEARS OF THE FEDERAL RESERVE
The Federal Reserve Act was passed on December 23, 1913. It was supposed to prevent bank panics, like the Panic of 1907. It was supposed to keep inflation and unemployment down. It was supposed to stabilize the system. That’s how … Continue reading
HEDGE FUND MANAGER SOUNDS JUST LIKE THE POPE!
PolicyMic posted an article with the following headline: “Pope Francis Denounces Capitalism, But Is He Right?” Short answer: absolutely (dude is infallible, after all)–especially since renowned hedge fund manager Stanley Druckenmiller essentially agrees with the Pope, as we shall see … Continue reading
Posted in Asset Bubble, Debt Slavery, Federal Reserve, Financial Terrorism, QE unlimited, Redistribution, Reverse socialism, Too big to fail
Tagged debt slavery, Federal Reserve, fiat currency, Financial Terrorism, QE unlimited, redistribution, Rentier, Reverse socialism, too big to fail
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POPE: “Money must serve, not rule”
So it turns out the new Pope is just like me, but infallible! Or at least he thinks like me when it comes to money issues. I read parts of his latest exhortation, and I was overjoyed to hear his … Continue reading
HOW TO WIN THE CLASS WAR WITHOUT FIRING A SHOT
Brilliant, dead-on analysis of the current state of play on the chessboard we call life by Chris Hedges at Truthdig–“Let’s Get This Class War Started“: “For every dollar that the wealthiest 0.1 percent amassed in 1980 they had an additional … Continue reading
Posted in class war, Debt, Debt Slavery, fiat currency, Financial Terrorism, self-issued currency
Tagged A Bug's Life, Chris Hedges, class war, control, fascism, Federal Reserve, fiat currency, intrinsic value, oligarchy, purchasing power, self-issued currency, The Air Standard, Truthdig
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OUR DEBT SLAVERY EXPLAINED–PLEASE WATCH!
This explains the root cause of debt slavery–yours and mine. Very straightforward and informative. You owe it to yourself to watch this. It’s not left or right, R or D–has nothing to do with Obama or Boehner or Bush or … Continue reading
Posted in Asset Bubble, Conspiracy, Debt, Debt Slavery, Police State, Rent-seeking, Rentier, ZIRP
Tagged currency, fascism, Federal Reserve, fiat money, fractional reserve banking, gold, money, paper terrorism
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STRIKE THREE: BANKS SHOULD BE OUT (of the foreclosure business)
On Facebook, the excellent Shelley Erickson from Washington state just posted this bombshell article from MS Fraud: “State AGs settle with LPS for $113 million; only nobody knew”. It’s the latest proof that there are no original promissory notes in … Continue reading
IT ALL COMES DOWN TO ASSETS VS. WAGES
As usual, Max Keiser very succinctly (and almost nonchalantly) pierces through the mumbo jumbo and hopium to the very essence of the crisis facing not only the U.S., but also the world (quote below starts at approximately 12:04 in the … Continue reading
Posted in Asset Bubble, Financial Terrorism, Keiser Report, Wages
Tagged asset bubble, bailout, Crooks and Liars, Elizabeth Warren, Federal Reserve, inflation, Max Keiser, minimum wage, QE, Russia Today, Slate, ZIRP
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LIBERTY ROAD MEDIA 