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Why We Are All Now Cypriots-to-bein the New Age of Bail-Ins
Why We Are All Now Cypriots-to-bein the New Age of Bail-Ins According to the mostly ignored and hardly covered piece of newsfrom a couple of weeks ago, it turns out that 11 of the 28 European Union countries have been scolded by the European Commission for failing to implement a new set of rules intended to prop up […]
ECB Press Release this Wednesday Could End Extortion Racket over Greece – à la Cyprus 2013
ECB Press Release this Wednesday Could End Extortion Racket over Greece – à la Cyprus 2013 It was Greece’s “last chance,” again. But Sunday, it too fell apart, as they always do. European Commission President Jean-Claude Juncker broke off his attempts to mediate between Greece and its creditors. The differences were too large, a spokesperson […]
The War On Cash: Officially Sanctioned Theft
The War On Cash: Officially Sanctioned Theft How banks & the government are diminishing your savings You’ve probably read that there is a “war on cash” being waged on various fronts around the world. What exactly does a “war on cash” mean? It means governments are limiting the use of cash and a variety of […]
Fast-track Hands the Money Monopoly to Private Banks — Permanently
Fast-track Hands the Money Monopoly to Private Banks — Permanently It is well enough that the people of the nation do not understand our banking and monetary system, for if they did, I believe there would be a revolution before tomorrow morning. […]
The European “Template” For Dealing With Crises: Freezing Accounts, Bank Holidays, and Capital Controls…
The European “Template” For Dealing With Crises: Freezing Accounts, Bank Holidays, and Capital Controls… More and more analysts are beginning to take note of the “War on Cash.” However, they’re missing the fact that the actual template for what’s coming to the US first appeared in Europe back in 2012. Back in March of 2012, […]
Why Is The EU Forcing European Nations To Adopt ‘Bail-In’ Legislation By The End Of The Summer?
Why Is The EU Forcing European Nations To Adopt ‘Bail-In’ Legislation By The End Of The Summer? Are they expecting something to happen? As you will read about below, the European Union says that any nation within the EU that does not enact “bail-in” legislation within the next two months will face legal action. The countries […]
Free Financial Markets Are A Hoax
Free Financial Markets Are A Hoax There are no free financial markets in America, or for that matter anywhere in the Western word, and few, if any, free markets of any other kind. The financial markets are rigged by the big banks, the Federal Reserve, and the Treasury in the interests of the profits of […]
“War is just a Racket”: Memorial Day Is A Hoax. “Our Soldiers Died for the Profits of the Bankers”
“War is just a Racket”: Memorial Day Is A Hoax. “Our Soldiers Died for the Profits of the Bankers” Memorial Day commemorates soldiers killed in war. We are told that the war dead died for us and our freedom. US Marine General Smedley Butler challenged this view. He said that our soldiers died for the […]
The War on Cash Destroys a Small Entrepreneur
The War on Cash Destroys a Small Entrepreneur Lyndon McClellan is a small entrepreneurwho owns and operates L & M Convenience Mart in Fairmont, North Carolina. L & M comprises a gas station, convenience store, and a small restaurant serving hot dogs, hamburgers, and catfish sandwiches. One day last July, more than a dozen federal, […]
“Free Trade” Run Amok: Canada Challenges U.S. Laws Reining In Banks
“Free Trade” Run Amok: Canada Challenges U.S. Laws Reining In Banks We noted in 2013 that the Trans Pacific Partnership (TPP) would let big banks run amok, and wouldincrease the cost of consumer loans. Ellen Brown asked last month: Under the TPP, could the US government be sued and be held liable if it decided to stop […]
The Regulatory State – Central Planning and Bureaucracy on a Rampage
The Regulatory State – Central Planning and Bureaucracy on a Rampage The New 10,000 Commandments Report – It’s Worse than Ever Before we begin, we should mention that the US economy has long been one of the least regulated among the major regulatory States of the so-called “free” world, and to a large extent this […]
A Portrait of the Classical Gold Standard
A Portrait of the Classical Gold Standard “The world that disappeared in 1914 appeared, in retrospect, something like our picture of Paradise,” wrote the economist Cecil Hirsch in his June 1934 review of R.W. Hawtrey’s classic, The Art of Central Banking (1933). Hirsch bemoaned the loss of the far-sighted restraint that had once prevailed among the “bankers’ […]
Tomgram: Nomi Prins, Hillary, Bill, and the Big Six Banks
Tomgram: Nomi Prins, Hillary, Bill, and the Big Six Banks She eats at Chipotle. (Order: chicken burrito bowl.) She travels by van. (Model: A Chevy Express Explorer Limited SE nicknamed the “Scooby” van.) She barely figures in her own presidential campaign announcement video. (Entrance timing: A minute and a half into the two-minute clip.) Her campaign staff is so […]
Why The Powers That Be Are Pushing A Cashless Society
Why The Powers That Be Are Pushing A Cashless Society We Can’t Rein In the Banks If We Can’t Pull Our Money Out of Them Martin Armstrong summarizes the headway being made to ban cash, and argues that the goal of those pushing a cashless society is to prevent bank runs … and increase their control: The […]
