Archive for the Federal Reserve Category


The Cyprus Deception they call a Bailout or How ordinary people are getting shafted by bankers yet again!

 Edward Griffin, author of “The Creature from Jekyll Island: A Second Look at the Federal Reserve” oftentimes begins his talks on the nature of the Federal Reserve System with a historical reference to the 1st Century philosopher Epictatus from the tiny kingdom of Frigia. Epictatus said that appearances are of 4 kinds. That is, things […]

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Obama Budget Deceptions- Reality Before the State of the Union Deception (Uh, I mean Address)

bama’s White House is playing the fear and guilt cards when talking about raising the debt ceiling and warning about budget cuts. Tonight before his State of the Union Address, let’s check out the reality of his track record. After all actions do speak louder than words don’t they? (At least they used to anyway.) […]

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The Achilles Heel in Our Economic System- Part 2

Fiat currency is a medium of exchange that derives its value from decree or by government regulations and law. It has no intrinsic value which means it can only be accepted as legal tender to satisfy a debt. It actually states so on each bill or in our case each Federal Reserve Note on the […]

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The Achilles Heel in Our Economic System- Part 1

We saw in the last post how the loss of the FDIC unlimited guarantee on non-interest bearing deposits caused large depositors to take their money out of the 25 largest, including the too big to fail, banks in massive amounts. While not exactly a typical bank run it definitely points to a lack of confidence […]

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Is there a Massive Bank Run in Progress? If So, What Does it Mean?

ome economic followers noted that the FDIC’s temporary unlimited coverage for non-interest bearing transaction accounts was set to expire on December 31st of 2012. The prediction was that this could trigger massive withdrawals from the “Too Big to Fail” (TBGT) banks: Well, it turns out that this prediction was correct. The FDIC unlimited insurance did […]

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More Appointments for the International Financier Cartel from Obama- Kerry and Hagel

nyone who doesn’t get that Obama has been a media constructed fraud from day one is sound asleep. Or perhaps they are completely brain dead. Or simply too intellectually lazy to conduct a little research beyond what they are spoon fed by the bankster owned propaganda machine called the media. If your main source of […]

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Is anybody buying Obama’s line these days?

mean come on now. Either the dude is delusional are we are, but something ain’t fitting here. Obama just warned Congressional Republicans that he will not trade spending cuts for their votes to raise the country’s debt ceiling. Then the man had the gall to call their balking at raising the debt limit which he […]

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Obama’s latest picks- Deception by Omission- Jack Lew- Secretary of the Treasury

ow wonderful. You ask for relevant current examples of deception by omission and Obama delivers right on time just like the local supermarket’s delivery chain. The latest appointment choice- Jack Lew – Secretary of the Treasury. Well now, whoda thunk that Tim Geithner, former President of the Federal Reserve Bank of New York and member […]

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