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EU commission studying proposal to re-allocate savings of 500 million citizens

First there was Cyprus, then there was Dodd-Frank along with a league of other nations that passed legislation allowing for the confiscation of bank accounts to re-capitalize financial institutions, and now, there is the European Union which is proposing behind the scenes the theft and re-allocation of monies owned by 500 million citizens within the spectrum of Europe. At first we thought Reuters had been p ...

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Jim Willie: London and U.S. bankers are stealing Saudi Gold

One of the most interesting and least publicized outcomes of the CIA... err Arab Spring fomented revolution in Libya two years ago was the fact that the Western banks stole 144 tons of gold from the Libyan central bank, exactly at a time when Venezuela was demanding back their gold reserves held in the Fed.  This demand for gold by central banks in the West, who have either sold off or leased not only their ...

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J.P. Morgan banker makes fourth mysterious death in a month

On Feb. 10, the fourth banker in just over a month died of mysteriously causes.  Ryan Henry Crane, an Executive Director in J.P. Morgan's Global Program Trading desk, was found dead at the young age of 37. The death in question, as reported by the Stamford Daily Voice is that of Ryan Henry Crane, a Harvard graduate, who is survived by his wife, son and parents at the very young age of 37. Second, Ryan Henry ...

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New Icelandic crypto-currency will be for the people to help grow stagnant economy

The nation of Iceland became a poster child of rebellion against a global banking system that led to the Great Recession of 2008, and is helping the world rush headlong towards a new currency crisis.  But for all their actions in choosing to default on foreign debt and jailing the bankers who helped create the crisis, Iceland's economy has remained stagnant due to continued capital controls by the Icelandic ...

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Whistleblower busts Barclay’s bank for selling customer data

Yesterday, in an effort to gain customer confidence back, 90000 Dutch bankers swore a public oath to God that they would henceforth follow ethical standards and refrain from any fraudulent activity.  And while this propagandist ploy may halt some criminal activity for a time in Holland, it doesn't appear that ethical behavior is becoming an industry wide program. Because on Feb. 9, a whistle blower within B ...

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Rich strike back at welfare class by proposing segregation from failing schools

When the bottom 50% of all Americans pay little or no taxes, but consume a greater portion of the public trough, eventually there will be a day of reckoning between the working class and the welfare class.  This showdown is now coming to a head in the state of Louisiana where a wealthy section of Baton Rouge is seeking to segregate themselves from a failing school system which is paid for primarily with the ...

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90000 Dutch bankers swear oath to ‘God’ they will behave better next time

Even for non-Christians, most people have heard of the story within the bible of Jesus entering into the temple and throwing out the money changers.  In fact, if you look at the New Testament in its entirety, Jesus spoke more on money than He did on love or even salvation. So it is quite humorous as the financial world rotates back towards 2008 when trust and reliance on the banking system was near its lowe ...

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JP Morgan Chase metals manipulator to advise for the CFTC

In a story that even the Onion couldn't make up as satire, the ultimate proof that U.S. government regulators are paid to protect the banks and frauds they implement came to pass on Feb. 6 when the soon to be former head of J.P. Morgan's commodities division was given a new position as adviser for the Commodities Futures Trading Commission (CFTC).  The CFTC is tasked with ensuring commodity futures prices a ...

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Chicago liberals have a cult like obsession over guns and images of guns

First it was using two fingers to look like a gun, then it was a child who gnawed his pop tart into the abstract shape of a firearm, and now, Chicago school administrators are becoming paranoid because a gun image is being used on stickers that denote a gun free zone. Administrators at a school in the South Suburbs of Chicago are up in arms over a state law (House Bill 0183) that requires schools to post sm ...

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Congress legalizes hemp once again as legislators pass provision in new Farm bill

At the beginning of our nation's history, hemp was a viable and thriving crop to the early colonialists.  In fact, even our first President of the United States,  George Washington, grew hemp, and its potential uses for clothing, industry, food, fuel, and even as a reagent against certain toxic chemicals has been widely studied for decades in academic laboratories. However, for years the textile and food cr ...

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Obamacare expected to force 2.5 million lost jobs according to CBO

On Feb. 4, the Congressional Budget Office (CBO) revised its previous estimates of how many Americans would lose their jobs due to Obamacare legislation from 800000 to a whopping 2.5 million workers. The ACA’s largest impact on labor markets will probably occur after 2016, once its major provisions have taken full effect and overall economic output nears its maximum sustainable level. CBO estimates that the ...

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QE was simply another form of bailout for insolvent banks

On Feb. 3, economist and statistician Rob Kirby was a guest on Greg Hunter's USA Watchdog network.  During the 39 minute interview, Kirby blows the door wide open on the true purpose for Quantitative Easing 3(QE3), and says that empirical data shows that the entire scheme was created to provide another trillion dollar bailout of the banks, which were officially insolvent from their collection of worthless M ...

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