By now it is obvious that government action moves today's markets more than anything else. With the information that bureaucrats like Paulson give to the unethical firms like Goldman, JP Morgan, etc. they can't help but make a killing. But it is the middle class that gets killed. Don't blame free markets for this crap. This fits hand in glove with the insider trading by our elected representatives. No one with close connections to DC loses. Not the politicians, nor the "capitalists" that reject the moral restraints which created free market capitalism in the first place.
Hank Paulson’s inside jobs | Felix Salmon:: blogs.reuters.com/felix-salmon/2011/11/29/hank-pau...-jobs
http://chumly.com/n/e6919c
Friday, December 2, 2011
Ron Paul on the Euro Bailout
Ron Paul get it when it come to economics, and it shows in this interview.
Ron Paul on the Laura Ingraham Show 12/01/2011 - YouTube::
http://chumly.com/n/e68df5
Ron Paul on the Laura Ingraham Show 12/01/2011 - YouTube::
http://chumly.com/n/e68df5
Not Enough Money
Fractional reserve banking systems create many times more debt than money. As this article points out there is simply not enough money in the system to pay the debt, let alone fund the exponential growth that is required to keep the fraud going. But don't worry, more will be created.
My Blog:: kingworldnews.com/kingworldnews/KWN_DailyWeb/Entri....html
http://chumly.com/n/e6660b
My Blog:: kingworldnews.com/kingworldnews/KWN_DailyWeb/Entri....html
http://chumly.com/n/e6660b
Explanation of Swap Lines
Short article and not too complex.
How Does Europe Borrow Dollars From the Fed? - US Bussiness New Blog - CNBC:: www.cnbc.com/id/45492655
http://chumly.com/n/e66609
How Does Europe Borrow Dollars From the Fed? - US Bussiness New Blog - CNBC:: www.cnbc.com/id/45492655
http://chumly.com/n/e66609
Thursday, December 1, 2011
More on Bailing Out Europe
This is a short piece. With our politicians in charge, we are like a drunk lurching toward the financial cliff, but with each bailout, round of QE, and debt sale climbing higher on that cliff and collecting more boulders at the bottom.
My Blog:: kingworldnews.com/kingworldnews/KWN_DailyWeb/Entri....html
http://chumly.com/n/e601d5
My Blog:: kingworldnews.com/kingworldnews/KWN_DailyWeb/Entri....html
http://chumly.com/n/e601d5
Ron Paul Gets It
With the Fed now bailing out the world, at least one politician gets it. Since there is no such thing as a free lunch, who is really paying? The answer is all those that hold dollar based financial instruments. The Fed is taking from all of us to save its corrupt fiat currency system. This is life or death for big governments and the central banks they pretend to hold at arm's length. This will get a whole lot worse. Every country involved has mountains of debt, itself a derivative of a fiat currency, itself nothing.
Ron Paul Statement On The Fed's Bailout Of Europe | ZeroHedge:: www.zerohedge.com/news/ron-paul-statement-feds-bai...urope
http://chumly.com/n/e5f45c
Ron Paul Statement On The Fed's Bailout Of Europe | ZeroHedge:: www.zerohedge.com/news/ron-paul-statement-feds-bai...urope
http://chumly.com/n/e5f45c
Fed Saves Euro
With the private sector investors running from the Euro, our central bankers take the decision out of our hands. Go ahead and pretend that they are private bankers. It is true of the profits. But the Fed is, in reality, an unaccountable branch created by our government so the unelectable could to the indefensible.
Fed saves Europe's banks as ECB stands pat - Telegraph:: www.telegraph.co.uk/finance/financialcrisis/892698....html
http://chumly.com/n/e5f45b
Fed saves Europe's banks as ECB stands pat - Telegraph:: www.telegraph.co.uk/finance/financialcrisis/892698....html
http://chumly.com/n/e5f45b
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