GAO: Fed Issued $US16 Trillion During 2008 Crisis!
Banksters_fedds_dees “As a result of this audit, we now know that the Federal Reserve provided more than $16 trillion in total financial assistance to some of the largest financial institutions and corporations in the United States and throughout the world,” Sanders said in a statement. “This is a clear case of socialism for the rich and rugged, [...]
Top Post-Collapse Barter Items And Trade Skills
basket-of-vegetables2 The concept of private barter and alternative economies has been so far removed from our daily existence here in America that the very idea of participating in commerce without the use of dollars or without the inclusion of corporate chains seems almost outlandish to many people. However, the fact remains that up until very [...]
Court: Lap dances aren’t tax-exempt
-1 While a lap dance might prompt a strong reaction from an audience, it doesn’t rise to the level of art — at least according to a state appellate court. Thursday’s ruling said entertainers at a local strip club are subject to sales taxes, and their expressions are not considered choreographed artistic performances that would be exempt. [...]
Lack of buyers may force Treasury to boost interest rates
20110607-203517-pic-104296423_s640x442 The U.S. Treasury next month will go back to relying on the kindness of strangers like never before to purchase the nation’s burgeoning debts — and taxpayers may have to pay higher interest rates to attract enough foreign investors, analysts say. Though a significant rise in interest rates could be toxic for a softening [...]
10 Tipping Points Which Could Potentially Plunge the World Into a Horrific Economic Nightmare
TIPPING POINT, obama cartoons, totus-blog The global economy has become so incredibly unstable at this point that it is not going to take much to plunge the world into a horrific economic nightmare. The foundations of the world economic system are so decayed and so corrupted that even a stiff breeze could potentially topple the [...]
Ben Bernanke Just Doesn’t Understand Economics
Ben Bernanke does not understand economics. This much is clear every time the man speaks to an audience. Of course he is “learned” and is an “expert” on the Great Depression, but the Fed Chief constantly makes what was one time considered the primary mistake in the field of economics.
Foreclosure sales slow, but remain very high
foreclosures Sales of homes in some stage of foreclosure declined in the first three months of the year, but they still accounted for 28 percent of all home sales — a share nearly six times higher than what it would be in a healthy housing market. Foreclosure sales, which include homes purchased after they received [...]
Was Dominique Strauss-Kahn Trying to Torpedo the Dollar?
dominique-strauss-kahn-sex It’s all about perception management. The media is trying to dig up as much dirt as they can on Dominique Strauss-Kahn so they can hang the man before he ever sees the inside of a courthouse. It reminds me of the Terry Schiavo case, where devoted-husband Michael was pegged as an insensitive slimeball for [...]
Selling Gold at Fort Knox Emerges as Next Big Question in Debate on Federal Debt Limit
110331_ron_paul_ap_605 The next big question on the federal debt limit could be whether to start selling the government’s holdings of gold at Fort Knox — and at least one presidential contender, Ron Paul, has told The New York Sun he thinks it would be a good move. The question has been ricocheting around the policy [...]
The Dirty Old Man and the IMF
by Pat Buchanan imf Saturday was a bad day for the New World Order. New York police boarded the first-class cabin of an Air France jet bound for Paris to collar Dominique Strauss-Kahn, the head of the International Monetary Fund, a Grand Master of the Universe and the Socialist Party’s hope to defeat President Nicolas [...]
