Tag Archives: Fed

ROBBER BARONS ARE STEALING PENSIONS, BANK DEPOSITS AND DEMOCRACY

By Dr. Paul Craig Roberts April 24 (King World News) “The real concern about US bank deposits is that they are denominated in US dollars, and the supply of new dollars has been increasing by about $1,000 billion per year … Continue reading

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Ben Bernanke Taught Them Well

The following story from Cyprus reminds me of Ben Bernanke testifying before Congress that he would not monetize our debt: That was back on June 3, 2009. The facts are presented below: Projected and Recent US Federal Debt Numbers Gross … Continue reading

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You Must Understand the Implications of Pre-monetization of Debt

Steven Spielberg gave us Pre-Crime; Ben Bernanke gave us Pre-Monetization. Moments ago, as part of today’s concluded $1.464 billion market funding POMO operation, one of the issues purchased by the Fed was the 30 year Treasury identified as CUSIP 912810QZ4. Why is this … Continue reading

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Why Didn’t the European Union Collapse Yet?

Why is the European Union still intact? They are bankrupt, divided between the North and South, and have no plan to address any of their problems.  But keep in mind, we are discussing the EU – not the United States. … Continue reading

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Bernanke Accommodation: We Are in Trouble

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Why Is JPMorgan’s Gold Vault, The Largest In The World, Located Next To The New York Fed?

When two weeks ago we exposed the heretofore secret location of JPM’s London gold vault (located under the firm’s massive L-shaped office complex at 60 Victoria Embankment) we thought: what about New York? After all, while London is the legacy financial capital of the … Continue reading

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Here Is the Reason for the Stock Market Rally

From remarks by the Dick Fisher of the Dallas Fed: The Fed has artificially sustained markets Thank you for the admission, oh FOMC member. And to think just 4 years ago anyone accusing the Fed of using its “invisible hand” … Continue reading

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Zerohedge: Revision Wipes Outs “Surprising” December Philly Fed Surge

On December 20, when we posted on the miraculous surge in the Philly Fed, offsetting the far weaker NY Fed data, we were left scratching our heads as the upwardly inflecting data made little sense in the context of broader data. To wit: … Continue reading

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“Legalized Plunder of the American People” – G. Edward Griffin

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The Final Goal Is Subjugation

From Facebook: Federal Reserve Police Local 385 (NJ PBA) Government Organization United States Federal Reserve Police ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ The Federal Reserve is a private banking cartel that is independent of the Federal government. As outlined by the director of the Federal Reserve Bank … Continue reading

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The Federal Reserve, a Privately Owned Banking Cartel, Has Been Given Police Powers

AlterNet by Pam Martens By mid morning on Monday, September 17, as Occupy Wall Street protesters marched around the perimeter of the Federal Reserve Bank of New York, all signs that an FRPD (Federal Reserve Police Department) existed had disappeared.  The FRPD … Continue reading

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Will Ben initiate quantitative easing III? Ask yourself how many votes this will buy in the election and you have your answer.

See additional comments on Tea Party Nation. Ben Bernanke stated last week that the lack of jobs is a “grave concern”:  The stagnation of the labor market in particular is a grave concern not only because of the enormous suffering and … Continue reading

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The Fed’s Gold Is Being Audited… By The US Treasury

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 … Continue reading

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Chart Of The Year: The Fed Has Doubled The S&P Admits… The Fed

Prepare to have your minds blown courtesy of what is easily the most astounding chart we have seen in a long, long time, prepared by the economists at the, drumroll, New York Fed, which finds that absent what the Fed … Continue reading

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It’s Official – The Fed Is Now Buying European Government Bonds

As if the ‘risk-less’ dollar-swaps the Fed has extended to any and every major central bank were not enough, William Dudley just unashamedly admitted that the Fed now holds ‘a very small amount of European Sovereign Debt’. Explaining this position, as … Continue reading

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