Archive for 'federal reserve' tag

The Bailouts: The Greatest Heist In Our History

Friday, July 24th, 2009

I found this video while reading news articles online.  These guys summarize what this bail-out garbage is about. In the past I’ve talked about this same thing. Bankers inflated the markets lending out tons and tons of money (much of it cooked up out of thin air through fractional reserve banking). They loaned money to [...]

New Zealand Apparently Needs 9 Billion From Us

Tuesday, July 21st, 2009

Mass foreclosures across the country, Social Security and Medicare going bankrupt, unemployment is on the rise, and they tell us we have no money for health-care or paying for student’s college education.  That’s what the corporate owned news media tells us.  But… what is this?  The Federal Reserve hands European central bankers $500 BILLION dollars?  [...]

China Laughs At Geithner And I Do Too

Wednesday, June 3rd, 2009

I just came across a news article, telling how Geithner is over in China, trying to convince them our treasury debt is sound, and the U.S. Dollar is going to be fine. http://www.reuters.com/article/companyNewsAndPR/idUSPEK14475620090601 He gave this lecture to a group of Chinese economics students, who after hearing Geithner talk about how they should lend us [...]