25 Facts About the Federal Reserve

fedspider

Source: The Economic Collapse Blog

As we approach the 100 year anniversary of the creation of the Federal Reserve, it is absolutely imperative that we get the American people to understand that the Fed is at the very heart of our economic problems.  It is a system of money that was created by the bankers and that operates for the benefit of the bankers.  The American people like to think that we have a “democratic system”, but there is nothing “democratic” about the Federal Reserve.  Unelected, unaccountable central planners from a private central bank run our financial system and manage our economy.  There is a reason why financial markets respond with a yawn when Barack Obama says something about the economy, but they swing wildly whenever Federal Reserve Chairman Ben Bernanke opens his mouth.  The Federal Reserve has far more power over the U.S. economy than anyone else does by a huge margin.  The Fed is the biggest Ponzi scheme in the history of the world, and if the American people truly understood how it really works, they would be screaming for it to be abolished immediately.  The following are 25 fast facts about the Federal Reserve that everyone should know… Continue reading

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The Eye of Sauron Has Spotted Bitcoin

Source: Activist Post

Yesterday the Wall Street Journal published an article entitled “Web Money Gets Laundering Rule,” an article framed in typical central bank newspeak warning of money laundering and growing “concerns” that new forms of cash bought on the Internet might be used to fund illicit activities. [1]

This concern for possible laundering and illicit activities is banker newspeak indicating that banksters are really concerned about the possibility people might be able to escape the global web of banking activity spying and find a way out of debt slavery caused by central bank controlled currencies.  Continue reading

Neo-Imperialism and the Arrogance of Ignorance

Source: Counterpunch

Most Americans do not realize the extent to which the U.S. is becoming involved militarily in the welter of conflicts throughout Saharan and sub-Saharan Africa (check out the chaos as mapped [ABOVE] and; larger version here).

Although recent reports have tended to focus on the French effort to kick Al Qaeda in Islamic Maghreb (AQIM) out of Mali — an effort that may now be devolving into a far more complex guerrilla war, that French operation is just one operation in what may be shaping up to be a 21st Century version of the 19th Century Scramble for the resources of Africa. It’s a policy that, from the U.S. point of view, may not be unrelated to the pivot to China,  given China‘s growing market and aid presence in Africa.  Together, the scramble and the pivot will be sufficient to offset the near term effect of an sequester in the Pentagon with a torrent of money flows in the future. Continue reading

The Great Cyprus Bank Robbery Shows That No Bank Account, No Retirement Fund And No Stock Portfolio Is Safe

Source: The Economic Collapse
By: Michael

The global elite have now proven that when the chips are down they are going to go after any big pile of money that they think they can get their hands on.  That means that no bank account, no retirement fund and no stock portfolio on earth is safe.  Up until now, most people assumed that private bank accounts were untouchable and that deposit insurance actually meant something.  Now we see that there is no pile of money that is considered “off limits” by the global elite and deposit insurance means absolutely nothing.  The number one thing that any financial system depends on is faith.  If people do not have faith in the safety and stability of a financial system, it will not work.  Well, the people that rule the world have just taken a sledgehammer to the trust that we all had in the global financial system.  They have broken the unwritten social contract that global banking depends on.  So now we will see a run on the banks, and this will not just be limited to a few countries in southern Europe.  Rather, this will be worldwide in scope.  Yoda may have put it this way: “Begun, the global bank run has.”  All over the world, frightened people are going to start pulling money out of the banks.  A lot of that money will go into gold, silver and other hard assets.  And as money starts coming out of the banks, this could cause many of the large banks that have been teetering on the edge of disaster to finally collapse. Continue reading

The Big Dogs On Wall Street Are Starting To Get Very Nervous

Why are some of the biggest names in the corporate world unloading stock like there is no tomorrow, and why are some of the most prominent investors on Wall Street loudly warning about the possibility of a market crash? Should we be alarmed that the big dogs on Wall Street are starting to get very nervous?

In a previous article, I got very excited about a report that indicated that corporate insiders were selling nine times more of their own shares than they were buying. Well, according to a brand new Bloomberg article, insider sales of stock have outnumbered insider purchases of stock by a ratio of twelve to one over the past three months. That is highly unusual. And right now some of the most respected investors in the financial world are ringing the alarm bells.

Dennis Gartman says that it is time to “rush to the sidelines”, Seth Klarman is warning about “the un-abating risks of collapse”, and Doug Kass is proclaiming that “we’re headed for a sharp fall”.

So does all of this mean that a market crash is definitely on the way? No, but when you combine all of this with the weak economic data constantly coming out of the U.S. and Europe, it certainly does not paint a pretty picture.

According to Bloomberg, it has been two years since we have seen insider sales of stock at this level. Continue reading

20 Economic Statistics To Use To Wake Sheeple Up From Their Entertainment-Induced Comas

The Dow has closed above 13,000 for the first time since 2008, and the mainstream media is declaring that a strong economic recovery is underway.  Barack Obama is telling anyone who will listen that his economic policies are a huge success, and U.S. consumers are piling up astounding amounts of new debt.  Unfortunately, this euphoria about the economy will be short-lived.  None of the long-term problems that are destroying the U.S. economy have been solved.  In fact, there are dozens of statistics that can be quoted that prove that the U.S. economy is in far worse shape than it was when the recession supposedly ended.  If dramatic changes are not made very rapidly, our nation is going to smash directly into an economic brick wall.  Sadly, most Americans are so addicted to entertainment that they have no idea what is about to happen.  Most of them are “sheeple” that are content to trust that the “experts” know exactly how to fix our problems as they continue to enjoy their entertainment-induced comas.  After all, it is much easier to turn on “American Idol” or “Dancing With The Stars” than it is to think about debt ratios and monetary policy.  But that doesn’t mean that we should not try to wake the sheeple up.  It just means that it will not be easy. Continue reading

Network of 147 Companies Controls Nearly 40% of Global Economic Value of Transnational Corporations

Revealed – the capitalist network that runs the world
Source: Public Intelligence

As protests against financial power sweep the world this week, science may have confirmed the protesters’ worst fears. An analysis of the relationships between 43,000 transnational corporations has identified a relatively small group of companies, mainly banks, with disproportionate power over the global economy.

The study’s assumptions have attracted some criticism, but complex systems analysts contacted by New Scientist say it is a unique effort to untangle control in the global economy. Pushing the analysis further, they say, could help to identify ways of making global capitalism more stable. Continue reading