The last time Chicken Little (the banking interests) claimed the sky was falling was when Allen Greenspan, Ben Bernanke, Hank Paulson, and Tim Geithner made the claim in 2008 to President George Bush and Congress that because the sub-prime mortgage bubble had burst the taxpayers would have to bailout the banks or the whole […]
Read more "The next time Chicken Little claims the sky is falling, the sky will be falling!"
I does seem that governments living on credit or on the printing press will come to a bad end. Europe, as a whole, is in recession and southern Europe is in depression. And now we have Japan trying to out do our Federal Reserve on quantitative easing (money printing). Japan has put their printing presses […]
Read more "Central Banks Are Out of Control"
In the world of finance, when a lender has to accept that a loan will not be paid back, the lender then must write the loan off as a loss. This is called taking a “haircut”. So, it’s understandable that the banksters don’t like haircuts. When the potential haircut is very big, the banksters panic and […]
Read more "Banksters Don’t Like Haircuts and The Statist Elites Want to Protect Them"
Am I suggesting that the Obama administration is deliberately trying to instigate war in the Middle East? Yes I am. And, moreover, there seems to be a unified policy that includes the US, the UN and, Europe in the form of NATO. No, I didn’t arrive at this conclusion because I’ve fallen in with some conspiracy […]
Read more "Fomenting War In The Middle East Is A Sad Foreign Policy"
The world’s central bankers do believe they can fool all the people all of the time. For the last century, they have done a very good job of it. They have counted on the masses being totally ignorant of economics and so far the masses have not let them down. In general, people understand that […]
Read more "You Can’t Fool All The People All The time _ Or Can You?"