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Category Archives: Financial
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
Posted in Editorial, Financial
Tagged Ashok Varadhan, Matthew Zames, NC Renegade, Negative Yield, Tim Geithner, Treasuries
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Who Is Manipulating the Stock Market?
The New York Stock Exchange rose 415 points (3.4%) in January. But who is buying stocks? The bulk of the trades (30-50%) are made at the end of the trading sessions. Ever wonder if anyone is actually looking out for … Continue reading
Follow the Yellow Brick Road
United States banks have “more than $80 billion of exposure to Italy, Spain, Portugal, Ireland and Greece”. As outlined in an earlier article, the true figure is $616 trillion when derivatives are included. Technically $616 trillion is more than $80 … Continue reading
Posted in Civil Unrest, Editorial, Financial, Safety and Preparedness
Tagged CDS, credit default swaps, European Union Collapse, Gold, Jon Corzine, NC Renegade
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How to Conquer a Nation without Firing a Shot
It’s Official: German Economy Minister Demands Surrender Of Greek Budget Policy, Says It Is First Of Many Such Sovereign “Requests” While over the past 2 days there may have been some confusion as to who, what, how or where is … Continue reading
Posted in Editorial, Financial
Tagged Germany, Greece, Greek Collapse, NC Renegade, Sovereignty
Comments Off on How to Conquer a Nation without Firing a Shot
What Is the Impact of the Federal Reserve’s Latest Statement?
httpv://www.youtube.com/watch?v=1GZmORmXATA The extension of near zero interest rates by the Federal Reserve this week through 2014 is an act of desperation. The world’s economy is collapsing and the Fed has no tools left to counteract their failed fiscal policy. As … Continue reading
Posted in Civil Unrest, Editorial, Energy, Financial
Tagged Economic Collapse, Federal Reserve, GBTV, Glenn Beck, NC Renegade
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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
Posted in Editorial, Financial
Tagged Economic Collapse, EU, House Financial Services Committee, IMF, NC Renegade, stimulus, Tim Geithner
4 Comments
Another Green Energy Company Bankrupt – Cost to Taxpayers Is $118.5 Million
Ener1 is the latest Obama endorsed Green Energy company to file for bankruptcy protection. The cost to taxpayers is $118.5 million and the company needs an “infusion” of $81 million to restructure. Obama mentioned this partnership in his state of … Continue reading
Posted in Editorial, Elections, Energy, Financial
Tagged Bankrupt, Bankruptcy, Ener1, Green Energy, NC Renegade, Obama
Comments Off on Another Green Energy Company Bankrupt – Cost to Taxpayers Is $118.5 Million
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
Posted in Editorial, Financial, Safety and Preparedness
Tagged Ben Bernanke, Economic Collapse, FDIC, Federal Reserve, MF Global, NC Renegade, notional derivatives, Tim Geithner
Comments Off on The True State of the Union: US Banks Have $248 Trillion in Notional Derivatives at Risk
Why Do You Have Still Have Money in a Bank?
This will not be a long dissertation concerning the failed monetary policy of the United States, the theft of private property by Jon Corzine or the redistribution of privately held GM bonds to labor unions. Watch this short video and ask … Continue reading
Posted in Editorial, Financial, Safety and Preparedness
Tagged Bank Holiday, Biden, Corzine, Economic Collapse, Gold, NC Renegade
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How Much Longer Will the Dollar Be the World’s Reserve Currency?
Bank holiday was considered by Obama in 2009 The following articles show a progression since late 2010 of countries abandoning the dollar (USD) as the world’s reserve currency. There are multiple reasons why the average American should be concerned: 1. … Continue reading
Posted in Civil Unrest, Editorial, Elections, Energy, Financial
Tagged China, Dollar, Economic Collapse, India, Iran, NC Renegade, Reserve Currency, Russia, USD
4 Comments
CNNMoney: Anonymous Is Not A Threat
CNNMoney.com has written an article designed to alleviate any fears of Anonymous after their cyberattacks on the “Department of Justice, the FBI, the Copyright Office, the Motion Picture Association, the Recording Industry Association, and several other music industry sites on Thursday” … Continue reading
Posted in Civil Unrest, Editorial, Financial
Tagged Anonymous, Cyberwarfare, Economic Terrorism, Kevin Freeman, NC Renegade
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Newt Gingrich Highlights from the CNN South Carolina Debate
httpv://www.youtube.com/watch?v=uhNv5vLCjGI Newt Gingrich did well in another debate where once again the real issues facing our future were not discussed. I give Mr. Gingrich credit for what I would consider another victory last night. The highlights here do not represent … Continue reading
Posted in Civil Unrest, Editorial, Elections, Energy, Financial, Health Care, Voter issues, War
Tagged CNN, Debate, Election issues, NC Renegade, Newt Gingrich, South Carolina
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Credit Suisse Gets a Sweetheart Deal from Bernanke
Even an idiot can understand how bad the Federal Reserve is: httpv://www.youtube.com/watch?v=pE3oiKuU8UI#! If we could audit the Federal Reserve, we might know how much money they lost in this bailout. Everyone should watch the end of this movie starting at … Continue reading
Posted in Editorial, Financial
Tagged Alan Grayson, Audit the Fed, Credit Suisse, Maiden Lane, NC Renegade
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