Search Results for: congress

US government sues Standard & Poor’s after AAA downgrade

Standard Poor's

The US government is blaming the financial crisis that catapulted the US into recession in 2007 on debt raters Standard & Poor’s. But by singling out S&P, the DoJ raises suspicions that it might be retaliating for a downgraded US credit rating. In a Monday evening filing in federal court, …

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JP Morgan CEO best to lead Treasury in crisis, Buffett the puppet says

Warren Buffett

JPMorgan Chase & Co. (JPM) Chief Executive Officer Jamie Dimon would be the best person to lead the U.S. Treasury Department in a financial crisis, billionaire investor Warren Buffett said. “If we did run into problems in markets, I think he would actually be the best person you could have in the job,” Buffett said …

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The world’s ‘poorest’ president

jose mujica

President of Uruguay, Jose Mujica It’s a common grumble that politicians’ lifestyles are far removed from those of their electorate. Not so in Uruguay. Meet the president who lives on a ramshackle farm and gives away most of his pay. Laundry is strung outside the house. The water comes from …

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Fast and Furious scandal blown wide open by Univision

los zetas

In a report that is essentially a total indictment of members and agencies of the Obama Administration – most notably, Attorney General Eric Holder and the Bureau of Alcohol, Tobacco, Firearms and Explosives – as well as the American media establishment, most of which has dedicated its time and resources to helping …

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Almost 2,400 millionaires pocketed unemployment benefits

Millionaire homes

Almost 2,400 people who received unemployment insurance in 2009 lived in households with annual incomes of $1 million or more, according to the Congressional Research Service. The report was released after about 1.1 million people exhausted their jobless benefits during the second quarter of 2012, when more than 4.6 million filed initial …

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More Americans opting out of banking system

JP Morgan Chase bank

In the aftermath of one of the worst recessions in history, more Americans have limited or no interaction with banks, instead relying on check cashers and payday lenders to manage their finances, according to a new federal report. Not only are these Americans more vulnerable to high fees and interest …

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Audit of NY Fed reveals some shocking results

ny fed

Senator Ron Paul has introduced the Federal Reserve Transparency Act of 2012 (HR459) to the upset of Ben Bernanke, Chairman of the Federal Reserve Bank. In August, the House of Representatives passed 327 – 98 on a vote which exceeded the necessary 2/3rd majority. Paul, who is pushing for “transparency” …

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Nationwide Spanish protests turn violent (PHOTOS, VIDEO)

Spanish police have clashed with protesters who marched against the latest batch of austerity measures. Over a million public employees, trade union members and fed-up citizens have taken to the streets in over 80 Spanish cities. Violence erupted in Madrid around midnight. Police used rubber bullets and tear gas to …

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Big Brother Australia looking to monitor full spectrum communications

Big Brother Australia

The most expansive set of surveillance powers since the attacks of 2001 are set to be rolled out in Australia unless there is overwhelming public resistance. The new proposals are being issued by the intelligence community itself, and involve collecting data on every Australian’s telephone conversations and Internet usage, then …

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Federal Reserve: 100 years of US dollar manipulation

US federal reserve building

Monday 23 December marks the 100th Anniversary of the creation of the Federal Reserve System – the Central Bank of the United States of America. The mainstream media are keeping remarkably quiet about this key milestone. No doubt, they know only too well that growing millions of workers inside and …

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The Clintons and their banker friends

Hillary Clinton Wall St

The past, especially the political past, doesn’t just provide clues to the present. In the realm of the presidency and Wall Street, it provides an ongoing pathway for political-financial relationships and policies that remain a threat to the American economy going forward. When Hillary Clinton video-announced her bid for the Oval Office, …

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How Puerto Rico can rebuild and become a powerhouse economy

How Puerto Rico can rebuild economy

After a particularly devastating hurricane season, Puerto Rico has an uncertain future. Already mismanaged and saddled with debt, the island territory now faces the virtually insurmountable task of rebuilding its infrastructure and economy. But amidst the rubble and heartache lies one of the greatest opportunities in the modern era not …

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Stop Watching Us rally challenges NSA spying

NSA protest

Demonstarators carry signs at “Stop Watching Us: A Rally Against Mass Surveillance” march near the U.S. Capitol in Washington, October 26, 2013. Twelve years after Americans were stripped of their rights in the name of fighting terrorism, thousands have gathered in Washington DC to protest unconstitutional NSA spying programs revealed …

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25 questions that mainstream media does not seem to have answers to

The mainstream news just seems to get sillier and shallower with each passing day.  Our world is becoming incredibly unstable, corruption is everywhere, we are on the verge of another massive economic crisis, government debt is absolutely exploding, war could erupt in the Middle East at any time and signs …

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The Fed’s gold is being audited… by the US Treasury

NY fed gold

When we started reading the LA Times article reporting that “the federal government has quietly been completing an audit of U.S. gold stored at the New York Fed” we couldn’t help but wonder when the gotcha moment would appear. It was about 15 paragraphs in that we stumbled upon what we were waiting for: …

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TTIP: United States blackmailing EU to accept their GMO food

The Trouble With TTIP

The Obama administration has threatened to block all European car exports if they do not accept America’s genetically-modified and hormone-enhanced produce. On Sunday, German newspaper Süddeutsche Zeitung claimed that 240 pages of text from the secret transatlantic trade deal (TTIP) obtained by Greenpeace show the US to be blackmailing the EU to force through the trade …

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