8:00 this morning a dozen FBI and Secret Service agents raided the Liberty Dollar office in Evansville. They took all the gold, all the silver, all the platinum and almost two tons of Ron Paul Dollars that where just delivered last Friday. They also
David Wiegel's "Hit and Run" at Reason, has an interesting comment about two Ron's: Ron Paul and Ron Reagan. On the issue of the gold standard, the two Ron's shared much the same view.
Jim Rogers is selling dollars and buying yuan. "It's gotta triple. It's gotta quadruple." Of course, the end of the article describes where he's really bullish: commodities.
“The Colonies would gladly have borne the little tax on tea and other matters had it not been the poverty caused by the bad influence of the English bankers on the Parliament, which has caused in the Colonies hatred of England and the Revolutionary W
Certain areas of the credit market are frozen, and until they thaw, the global stock markets are rediscovering their volatility. The U.S. Economy is addicted to credit just as it is addicted to foreign oil,... the equivalent of a temporary oil market
Currency traders were given a green light to continue selling the US dollar on Wednesday, as the International Monetary Fund said the greenback “remains overvalued” and rejected claims the euro had risen too far.
Overdrafting makes the Consumerist very sad, and banks very happy. Banks have already hauled in $19 billion this year in overdraft fees, and are quickly moving to amend policies that are attracting threats of regulation from the government.
For the first time since 1995, the U.S. bond market is rallying on the assumption that the Federal Reserve has relegated inflation to a secondary concern because the central bank views a recession as a much greater threat to the economy.
U.S. stocks rose this week to complete the steepest September advance since 1998 as the Federal Reserve's interest-rate cut helped energy and raw-material companies lead the market's recovery from a summer rout.
Federal regulators closed NetBank, a $2.5 billion thrift based in Georgia partly due to significant mortgage-related losses the company sustained in 2006 and 2007. NetBank marked the largest bank to fail since since the early 1990s, which marked the
We Are Change and Infowars confront former Fed chairman Alan Greenspan during a recent book signing event. Greenspan is called out for his traitorous bad-mouthing of the dollar and his crimes against working and middle class Americans.
(Dollars holders get screwed again) Government bond traders, who predicted six of the last seven recessions, say the Federal Reserve will lower interest rates again before the end of the year as the economy comes to a standstill.
As unlikely as it may seem, the United States along with Canada and Mexico, appears to be getting ready to launch a new single currency: the Amero.
"You're raising a very fundamental question,... You didn't need a central bank when we were on the gold standard, which was back in the nineteenth century. And all of the automatic things occurred because people would buy and sell gold
(Another step in destroying the dollar) In a BOLD strike, the Federal Reserve slashed a key interest rate by a half point on Tuesday -- the first cut in over four years -- and left the door open to further relief to prevent a painful housing slump
As the dollar falls, so does the wealth of dollar holders - particularly Americans. We checked this morning and found the dollar had dropped to over US$1.38 per euro. Last week, we paid $5 for a cup of coffee in London. And the prices keep going
FORMER FEDERAL RESERVE CHAIRMAN ALAN GREENSPAN SAYS HE KNEW ABOUT ABUSES IN SUBPRIME LENDING BUT FAILED TO FORSEE THEIR PARALYZING MARKET EFFECTS UNTIL LATE 2005 – “60 MINUTES” SUNDAY
As Federal Reserve policymakers look ahead to next week's decision on interest rates, staff at the central bank are continuing to work on other potential steps that could be taken to address liquidity problems in financial markets.
Federal Reserve Chairman Ben S. Bernanke, chastened by the first drop in employment in four years, will be forced to cut interest rates at least twice this year, according to a Bloomber News survey. The unexptected weakness in the labor market
The Federal Reserve added 31.25 billion in temporary reserves to the US money markets Thursday in three different operations, the latest move to keep credit market from drying up. The New York Fed added 7 billion in 14-day repurchase agreements
Mainstream American probably will remember Aaron Russo, who died early last Friday after a six-year bout with cancer, best for his ongoing management of, and love affair with, Bette Midler and the resulting 1979 movie, “The Rose,” or for his fabulous
The FED keeps intervening to make things better, and the result seems to be systemic vulnerability. This is the fate of government intervention generally. It produces the opposite of what the planners promised.
Federal Reserve officials, underestimating the impact of credit-market turmoil, focused at their Aug. 7 meeting on inflation and slowing productivity. Minutes of the session released yesterday showed that the Fed was intent
I'll be honest. What excites me the most about Ron Paul is not his stance against illegal war. It's not that the only one to stand up against the Patriot Act the first time around. It's not just the he's never voted for a tax incre
Ben Bernanke's critics from Washington to Wall Street are starting to ask whether the Federal Reserve chairman is ready for a prime-time crisis. The global credit crunch is proving the severest test of Bernanke's 18-month tenure atop the U.S.
If the Federal Reserve is waiving a fundamental principle in banking regulation, the credit crunch must still be sapping the strength of America's biggest banks. Fortune's Peter Eavis documents an unusual Fed move.
This 2 hour documentary covers the Internal Revenue Service, income tax, the Federal Reserve System, national ID cards (REAL ID Act), human-implanted RFID tags (Spychips), electronic voting machines, globalization, the possibility of America becomingEntered By: Powell Gammill
America lost another soldier today. He fought for individual freedom on the front lines in the war between Good and Evil.
Aaron has been battling cancer for some time now. His movies Trading Places and the Rose are much acclaimed, but his documentary America: from Freedom to Fascism (google video) was certainly his most passionate and probably his most influential work
Four major banks said Wednesday they each borrowed $500 million from the Federal Reserve's discount window, lending weight to the central bank's efforts to restore liquidity to tight markets. In going public with the moves, Citigroup Inc.,