Which means at a run rate of $125 billion in net monthly issuance, the US may not even get to the end of March at the current burn rate. Which also means Congress better start the discussion on raising the debt ceiling as soon as February.
George Soros talks about "the creation of a New World Order", he discusses the need for a "managed decline" of the U.S. dollar and he talks at length of the global need for a true world currency.
The ultimate showdown will occur over extending the $14.294 trillion debt limit, probably by early March.
The benefit from the fiscal stimulus has already been negated by the jump in oil and other commodity prices, whereby the token weekly paycheck increase has been more than offset by gas price increases...
Pumping money into the stock market to get stocks to go up is not the same as hiring people and making products so share prices grow.
It’s mind boggling to me, just mind boggling, how nobody gets the simplicity of the pipeline from Ben Bernanke’s twisted brain to his henchmen the Primary Dealers, to the stock market and the economy.
Kutcher is stocking up on guns and spending hours and hours running the canyons near his home. He's also taking daily bikram yoga sessions, and learning Krav Maga, a deadly Israeli combat technique...
Let sovereign money rule (at a state level).
“The housing market is going to shock people,” said Lieberman, former head of monetary analysis at the Fed Bank of New York. “Once we get the ball rolling, it becomes easy to roll.
More than half of lending under the Fed’s term auction facility – the largest of its crisis programmes – went to foreign banks.
During Christmas Eve eve, at a time when perhaps 5 people would be watching) in an interview which disclosed that after more than a year of searching, Biderman still has no idea who actually buying.
Dec. 21, 2010 - Historian and Best-Selling Author, Tom Woods, joins Judge Andrew Napolitano on Freedom Watch to discuss Ben Bernanke's policies, the history of central banking in America, political partisan interests, and the future of the Federal Re
12-21-10 - Host of "Freedom Watch" on Fox Business, Judge Andrew Napolitano, lays down the plain truth of the Federal Reserve and exposes the "den of vipers" that has relentlessly sought to entangle and poison the financial system throughout American
Federal Reserve statement: In fact, home prices still must fall 23 percent if they are to revert to their long-term mean (Chart 1).
Gary Franchi The Greatest Threat to Freedom besides the Federal Reserve BlipTV Video of Garys Speech
The Fed, along with the more bank-friendly Office of the Comptroller of the Currency, is resisting moves to craft rules cracking down on banks that charge illegal fees and carry out improper foreclosures.
This is a really ugly argument!
The party line is everything is fine in bank land….even Eurobank land. But some recent developments suggest otherwise.
His bill would end the process of money issuance by The US Federal Government as a debt instrument. It would thus restore actual "lawful money" as Ron Paul claims to want, but in a form he has never, ever elucidated.
The Federal Reserve authorized the extension through Aug. 1 of its temporary dollar liquidity swap arrangements with the European Central Bank and the central banks of Japan, Canada, Switzerland and the United Kingdom.
In this video presentation, Porter Stansberry methodically lays out his case for why a currency crisis is coming to the US dollar...
At an estimated $24.5 trillion in federal debt, our $2 trillion per year run rate is spot on. Another thing that is spot on: our prediction that the US will need not one but two debt ceiling increases in 2011.
Republican Congressman Ron Paul, the new head of the subcommittee that oversees the Federal Reserve, said on Sunday he will seek greater transparency but will not be sending subpoenas to the central bank chairman from Day One.
Apparently it’s a slow period in the weeks before Christmas for the Federal Reserve. Not content with shutting banks doors throughout the Country (151 so far) and discouraged that $1 Billion in “new” $100 Bills won’t be ready in time to purchase a l
First, my minions in the Federal Reserve--such loyal servants!--and the Federal government have unleashed a veritable orgy of leverage and debt upon the land, spreading ruination under the false guise of prosperity.
In this interview Christopher Whalen covers the bursting of the Housing Bubble in 2011, Fannie and Freddie, the Federal Reserve, and Foreclosure-Gate.
Rescission is powerful tool to address fraudulent lending practices; it gives the borrower the right (granted by the Truth In Lending Act of 1968) to shove a bad loan back on the lender.
I have raised concerns that this program is actually a backdoor bailout and would enable sole sourcing in lieu of open market, competitive bids. Thanks to Bloomberg’s FOIL suit against the Federal Reserve, we can now see...
Lindsey Williams told Alex that he’d learned recently from two of this longtime friends, both retired top executives of major oil producers, that the price of crude oil, now rising again, is slated to move to $150-200 per barrel soon.
The best the Fed could then hope for to counteract the deflationary outcome is to generate hyperinflation through a collapse in the reserve currency. And since this is far more palatable to the Fed, we believe that one way or another...