Tag: federal reserve
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Lehman Collapse: What Did Geithner know & When Did He Know It?
Lehman Brothers managed to conceal from the outside world a multi-billion-dollar mess that was years in the making, according to an audit investigation released last week. But the size and scope of Lehman’s manipulative accounting has led some Wall Street critics to wonder what the New York branch of the Federal Reserve — led then…
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Econocrash Updates: Fed, Failure, Welfare & the New Ghost Towns
Massive bank failures due, says oversight panel // Obama appoints CFR/Trilateral/Fed operative to debt panel created by another executive order // IBM layoffs blamed on offshoring // American reliance on govt at all-time high // New ghost towns in West Virginia: industrial communities teeter on the edge
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econocrash updates: debt bombs, occult economy & fraud
20 reasons our debt bomb is ready to go ka-boom* regulators shut down banks in 5 states* internal revenue service acquiring shotguns* allstate to shed agents* toyota probe deepens amid confusion over risk* italians seek wizards’ help during economic crisis: $8.3b spent annually on financial spells & astrology* video: federal reserve gave banks access to…
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econocrash updates: taxes, axes, boom & busts
oregon voters approve tax hike for corporations & rich familiesfrom nytimes: Amid recession, high unemployment and tight household budgets, voters in Oregon have agreed to raise taxes on people with higher incomes, to pay for public education and social services. One of only five states with no sales tax, Oregon has long kept its corporate…
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warnings of ‘social, political chaos’ & how to fire bernanke
ron paul warns of coming ‘social & political chaos’from steve watson: Texas Congressman Ron Paul has delivered a riveting “State of The Republic” address on his Campaign for Liberty website, orating his thoughts on where the U.S. stands as a nation and what the future holds. Paul warns that if the country continues along the…
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econocrash updates: sec, aig, irs & all the rest
sec engages in conspiracy with aig to hide bailout evidence from kurt nimmo: Earlier today House representative Edolphus Towns subpoenaed documents related to the so-called “backdoor bailout” of AIG, including documents from Timothy Geithner, the former New York Fed chief and current Treasury secretary. The House Oversight and Government Reform Committee is looking for information…
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33 ‘conspiracy theories’ that turned out to be true
from jonathan elinoff: Most people can’t resist getting the details on the latest conspiracy theories, no matter how far-fetched they may seem. At the same time, many people quickly denounce any conspiracy theory as untrue … and sometimes as unpatriotic or just plain ridiculous. Lets not forget all of the thousands of conspiracies out of…
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econocrash updates: black friday, back home & in the red
goodbye jobs, hello mom & dad, say young adults* fdic insurance fund closes quarter $8.2b in debt*fdic insurance fund falls into the red* dollars steepest drop since july*uk poised to lose jobs as £10bn nuclear power plant contract goes to US* german ‘robin hood’ borrowed from rich, loaned to poor*want a stock tip? buy stocks…
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bill to audit federal reserve moves forward
from allgov: The nation’s central bank has never been subjected to an outside audit, but growing frustration in Congress with the Federal Reserve may cause that to change. On Thursday, the House Finance Committee approved a bipartisan amendment that grants the Government Accountability Office the power to investigate the Fed’s deals with foreign and domestic…
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econocrash: goldrush, glitches & the recipe for disaster
obama’s feeble dollar sparks a new goldrush* fed sets attack dogs on ron paul after audit amendment passes*end the fed rallies across america* fury as credit crunch civil servant lands rothschild job*canadian bankruptcies soar 43%* ‘glitch’ could cost a million jobless*student protests continue at california universities* wave of debt payments facing US govt*fed under fire…
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econocrash: another day, another dollar
US national debt now tops $12 trillionfrom afp: The US public debt topped 12 trillion dollars for the first time in history, Treasury officials disclosed Tuesday, moving past a key barrier that raised hackles in Congress. Treasury data showed Monday’s outstanding debt at 12.031 trillion dollars, up from 11.999 trillion on Friday. The ballooning debt…
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econocrash: the fed, failure & dumping the dollar
rep. ron paul’s bill to audit the fed ‘gutted’ in committee*rep. watt guts bill to audit the fed*ron paul: be prepared for the worst*cit files for chapter 11 bankruptcy protection*9 more US banks fail; $2.5b hit for fdic*govt issues record $87m fine to bp*econ chair at george mason uni: politicians aren’t prostitutes … they’re pimps*…
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econocrash: crashes, crime, capitalism, whores & more
black tuesday & a return to big government*roubini: a big crash is coming, but i don’t believe in gold*former chairman of citigroup: restore glass-steagall*ex-sullivan & cromwell associate, under investigation for insider trading, commits suicide*madoff associate jeffry picower found dead in pool, police say*bernanke’s trillion-dollar decision*capitalism, socialism or fascism?*exposing lies about the fed, the cia &…
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broken trust: wall street’s dead end
here is the amazing new video version of media monarchy’s interview w/ richard grove of tragedyandhope.com … download part1 & part2 from blip.tv … hi-quality versions are available on archive.org w/ more versions on the way … also thanks to 9/11 blogger for helping spread this important work. update: youtube videos & playlist now available…