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The Federal Reserve Is Bailing Out FOREIGN Banks … More than the American People or Economy

Federal Reserve Policy Mainly Benefits Big Foreign Banks We’ve extensively documented that the Federal Reserve is intentionally locking up bank money so that it is not loaned out to Main Street. Specifically – due to Fed policy – 81.5% of all money created by quantitative easing is sitting there gathering dust in the form of “excess reserves” … instead of being loaned out to help Main Street or the American ...

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DESTROYING THE ECONOMY: The U.S. Government Will Borrow Close To 4 TRILLION DOLLARS This Year

When you add maturing debt to the new debt that the federal government is accumulating, the total is quite eye catching.  You see, the truth is that the U.S. government must not only borrow enough money to fund government spending for this year, it must also "roll over" existing debt that has reached maturity.  Of course the government never actually pays off any of that debt.  Instead, it essentially takes ...

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HELICOPTER BEN: Inflation Is Too Low? Are You Kidding Us Bernanke?

Federal Reserve Chairman Ben Bernanke said this week that inflation in the United States needs to be higher.  Yes, he actually came right out and said that.  It almost seems as if Bernanke is trying to purposely hurt the middle class.  On Wednesday, Bernanke told the press that "both sides of our mandate are saying we need to be more accommodative".  Of course he was referring to the Fed's dual mandate to k ...

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JURY Hands Down DECISION ON ANTI-BANK SIDEWALK CHALK PROTESTER FACING 13 YEARS…

SAN DIEGO (AP) -- The mayor called the case "stupid" and a jury swiftly said it shouldn't stick, taking the eraser to vandalism charges for a man who wrote anti-bank slogans on San Diego sidewalks. A Superior Court jury deliberated for five hours after a four-day trial before acquitting Jeff Olson Monday of the 13 misdemeanor charges that could have brought 13 years in jail and $13,000 in fines. Olson, 40, ...

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BANKER ACCIDENTALLY TRANSFERS NEARLY $300,000,000 … BY FALLING ASLEEP ON KEYBOARD

Something tells me that the falling-asleep-on-keyboard mistake will eventually be how the world ends. ViaFRANCE 24: An obviously tired German bank employee fell asleep on his keyboard and accidentally transformed a minor transfer into a 222 million euro ($293 million) order, a court heard Monday. The Hessen labour court heard that the man was supposed to transfer just 62.40 euro from a bank account belongin ...

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