Hope2012


The US Economic System: How and Why It Got This Bad and Where It’s Going

Exposing Our Enemy: Meet the Economic Elite

This is who ‘they’ are.

The Economic Elite vs. the People of the United States of America: Part I

Senator Majority Leader Harry Reid: Taxes are Voluntary in America

2010 Food Crisis for Dummies

Not just for dummies; this is a must-read 

Economic Black Hole: 20 Reasons Why The U.S. Economy Is Dying And Is Simply Not Going To Recover

“Modern Money Mechanics” by Federal Reserve…Explained

This video series (7 parts) goes page-by-page of “Modern Money Mechanics,” a pamphlet by the Federal Reserve of Chicago, no longer in print but available on the internet, which describes “the basic process of money creation in a ‘fractional reserve’ banking system.

Economic Crisis: The Sovereign Debt Bubble

Global Insolvency: How will the US Service its Debt?

Such unbridled greed came close to bringing down the entire financial system, which American taxpayers have been allowed to pick up the bill for. After all this we see absolutely no regulation in sight and the SEC and the CFTC continue to protect the titans of Wall Street as government looks on in total disinterest. This, of course, omits the Executive Order borne criminality, which has turned our free markets into controlled and manipulated fascist markets. People say what can I do? You can start by throwing almost every incumbent out of office and buy pressing the Senate relentlessly to pass the bill that includes an audit and investigation of the Fed.

Is a U.S. Default Inevitable?

Backing up Blankfein’s plea of ignorance and incomprehension is this: The crisis killed Lehman Brothers and would have killed every one of them had not the Treasury and Fed, neither of which saw it coming, either, intervened with hundreds of billions in bailout cash.  Yet there were those who warned a housing bubble was being created like the dot-com bubble; others who predicted the Empire of Debt was coming down. As, today, there are those warning that the United States, with consecutive deficits running 10 percent of gross domestic product, is risking an eventual default on its national debt.

Federal Reserve Made Record Profit in 2009: Report

Federal Reserve Seeks to Protect U.S. Bailout Secrets

Former Mexican foreign minister calls for ‘North American union’, unified currency

Nobel economist Stiglitz: “US privatized profits, socialized losses is not capitalism.” It’s fascism

Joseph Stiglitz understands half the US economic disaster when he explains current policy is “no way to run an economy that’s going to work,” “there’s moral hazard everywhere,” and newly-invented and unregulated financial markets have only increased risk, not decreased it.

Spying for Dollars: Military Contractors and Security Firms Reap Huge Profits

Actual Bloomberg Headline: “Secret Banking Cabal Emerges From AIG Shadows”

Willem Buiter warns of massive dollar collapse

Americans must prepare themselves for a massive collapse in the dollar as investors around the world dump their US assets, a former Bank of England policymaker has warned.

All Hell Could Break Loose Because of the Huge Government Debt

The United States faces projected 10-year federal budget deficits that seriously threaten its bond market, exchange rate, economy, and the economic future of every American worker and family. Those risks are exacerbated by the context of those deficits: a low household-savings rate, even after recent increases; large funding requirements for federal debt maturities every year; heavy overweighting of dollar-denominated assets in foreign portfolios; worsened fiscal prospects in the decades after the current 10-year budget period; and competing claims for capital to fund deficits in other countries.

How Goldman Sachs Helped Greece to Mask its True Debt

How Goldman Sachs Made Tens Of Billions Of Dollars From The Economic Collapse Of America In Four Easy Steps

Step 1: Sell mortgage-related securities that are absolute junk to trusting clients at vastly overinflated prices.

Step 2: Bet against those same mortgage-related securities and make massive bets against the U.S. housing market so that your firm will make massive profits when the U.S. economy collapses.

Step 3: Have ex-Goldman executives in key positions of power in the U.S. government so that bailout money can be funneled to entities such as AIG that Goldman has made these bets with so that they can get paid after they win their bets.

Step 4: Collect the profits – Goldman Sachs is having their “most successful year” and will end up reporting approximately $50 billion in revenue for 2009.

RELATED: ECONOMY POSTS

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