Tag Archives: Tim Geithner

US Treasury Admits It Conducted A Circular Ponzi Scheme For Years

  Tim Geithner has admitted the Ponzi scheme currently in place by the US Treasury concerning Fannie Mae and Freddie Mac. This is why a fiat money system will always collapse: it is based on perception. In our case the … Continue reading

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Tim Geithner Should Be in Handcuffs

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Do You Think Obama Will Let This Become an Election Issue?

I cannot see president Obama allowing elections to be held if the conditions outlined in the article below are correct. I also have to ask what Congress is doing? Prancing around in a hoodie is not solving America’s financial issues. … Continue reading

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Darrell Issa to Ben Bernanke: What Is Our Debt?

The House Oversight and Government Reform Committee held a hearing today (March 21, 2012) on the “US Response to the European Debt Crisis”. Ben Bernanke and Tim Geithner testified before the committee. Darrell Issa asked Mr. Bernanke a simple question: … Continue reading

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Geithner Arrested for Telling AIG to Falsify Documents

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US backs new IMF loan to Greece: Geithner

US Treasury Secretary Timothy Geithner on Sunday threw Washington’s support behind the new austerity measures agreed by Greece and said the US backed the idea of a new IMF loan for Athens. “We welcome the program of economic reforms agreed … Continue reading

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Stick a Fork in It: We Will Have to Pay to Save Money?

The following report to Tim Geithner from the “Treasury Borrowing Advisory Committee of the Securities Industry and Financial Markets Association” shows what JP Morgan and Goldman Sachs have in mind for Treasury bill auctions: There was a lengthy discussion regarding the … Continue reading

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Tim Geithner Has Given America’s Treasure Away: the Secret European Bailout

Chart from Zerohedge This chart shows how Tim Geithner is supporting the bailout of the European Union without any Congressional oversight. How much money has already been transferred? $614.4 billion in the past eight weeks. Remember the first stimulus giveaway … Continue reading

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The True State of the Union: US Banks Have $248 Trillion in Notional Derivatives at Risk

I know that the financial information presented in this article may be seen as just another piece of bad news to add the list. However, this may be the one article that explains the true gravity of our country’s financial … Continue reading

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Why Are US Treasuries Being Dumped?

There are three reasons why China and Russia are dumping US Treasuries. They believe US Treasuries are a bad investment. They are dumping them before the war starts. Both reasons 1 and 2. Based on the results of Tim Geithner’s … Continue reading

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Geithner Raids Federal Pension Funds – Déjà Vu from Last May

Tim Geithner once again is raiding the federal pension funds since the debt ceiling has been breached. Don’t worry about federal retirees not getting their pension check: the government is required to pay them whether money is in the pension … Continue reading

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More Confidence Building from Tim Geithner

China’s Vice Premier Wang Qishan (R) and U.S. Treasury Secretary Timothy Geithner (L) try to shake hands while U.S. Secretary of State Hillary Clinton stands in the middle ahead of the opening ceremony of the China-U.S. Strategic and Economic Dialogue … Continue reading

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Europe Rejects Geithner’s Printing Press Solution

Tim Geithner’s latest trip to Europe to implement a “printing press solution” to their financial problems has been rejected. Germany (throught the ECB) has decided to maintain their sovereignty and follow a sound monetary policy that will ensure their country’s and … Continue reading

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This Time It’s Different

http://www.youtube.com/watch?v=oYl-uL3QhZc”>httpv://www.youtube.com/watch?v=oYl-uL3QhZc

Benjamin Franklin was asked what kind of government the fledging country would become after the Articles of Confederation were replaced. He replied “A republic, if you can keep it”. Are we now repeating history? Timothy Geithner is in Poland at … Continue reading

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What Are The Consequences If A Debt Deal Is Not Reached According To The IMF?

http://www.youtube.com/watch?v=LuvdoR49ZUM”>httpv://www.youtube.com/watch?v=LuvdoR49ZUM

Christine Lagarde is the IMF’s managing director. In the following videos, she outlines her thoughts on the consequences of Congress not addressing the debt ceiling by the August 2nd deadline. Watch her demeanor in this first video from two weeks ago: httpv://www.youtube.com/watch?v=LuvdoR49ZUM … Continue reading

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