Pillaging the Average American: Wall Street Paying Back Bailouts with Bailouts. Total Bailout Package Ceiling of $14 Trillion Yet Focus Only on TARP Repayments in the tens of Billions.
In the last few weeks the corporatocracy has gone on a massive Madison Avenue public relations tour touting the great job banks are doing and how they are paying back the taxpayer for the generous gift of life. Instead of working with small business or lowering credit card rates banks have taken it upon their […]
U.S. Dollar Sendoff Stock Market Rally: Dow up 56% from Bottom in U.S. Dollars but up only 31% in Euros. How a Crashing Currency Hides Actual Trends. Over 40 Ounces of Gold Needed to Purchase Dow Index in 2000. Today 9.4 Ounces of Gold will buy the Dow Index. Oil is up 128% from March low.
Many Americans have a hard time wrapping their mind around a declining currency or the hidden tax that is inflation. The U.S. Treasury and Federal Reserve understands this and for decades has exploited this issue to slowly siphon off the buying power of the U.S. dollar. Openly they tell the public that they are for […]
Federal Reserve System: 12 Regional Banks with 1 Central Power Base. The New York Fed. Over 70 Percent of Assets with New York Fed.
The Federal Reserve Banks are broken up into 12 regional banks across the country by geographic location. Some excellent data has been provided from certain divisions including the St. Louis Federal Reserve Bank. Yet as we have found with the over 8,000 FDIC insured banks, the real power is held by roughly 100 banks. When […]
Can the U.S. Dollar Rally while Stocks go Down? U.S. Dollar Fueling Stock Market Rally: Examining the Dow World Index and Dow Index in Relation to the U.S. Dollar. U.S. Dollar down 35 Percent since 2001.
The role of the U.S. dollar is coming into question during this economic crisis. Most average Americans are oblivious to the fact that since 2001, the U.S. dollar has fallen a stunning 35 percent. What seemed as good economic times was purely a credit bubble fueled by easy money from the U.S. Treasury and Federal […]