Money

December 10, 2011

Occupy Wall Street And Conspiracy Theories

Regardless of what side of the fence you stand on, there is no denying that the Occupy Wall Street protests have sparked a keen sense of intrigue not seen in American in quite sometime — maybe as far back as the Vietnam War. But the intrigue surrounding the Occupy Wall Street movement has also stirred a hornets’ nest of conspiracy theories. Even in its early stages, the protests were met with apprehension and doubt over its true purpose. Now, with the movement in full swing, the theories abound.

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December 5, 2011

Should The European Union Stay Together?

Once again as speculation arises that Greece may default on it’s bail out loan repayments the question emerges should the European Union disband? The European Union or EU,consists of one or two European states who've joined up to a single currency. It's also subject to European law, and each state is needed to pay money into the Union.

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October 29, 2011

Who Is Going To Win The Desperate Struggle For Economic Growth?

On October 4 Goldman Sachs cut it predictions for global growth in 2011 and 2012. The private investment firm now is expecting growth in 2011 to be 3.8% instead of 3.9% and in 2012 to be 3.5% as opposed to 4.2%. The epicentre of downhill strain on global growth is in The european union, where it expects the eurozone to move into a ‘mild recession’ over the 4th quarter 2011 to the first quarter 2012.

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October 13, 2011

The Importance of Money

Money is important in the Bible.

  • There are over 2,000 passages that refer to the use of money.
  • Nearly two-thirds of Jesus’ parables make some reference to money.

The Bible considers money important because God revealed to its writers the positive and adverse effects money has on us. God knows that we all struggle in some way with money, at least on occasion. Our health can be subverted, our relationships poisoned, our integrity impugned and our lives shortened if we slip one way or another into financial bondage.

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October 6, 2011

Occupy Wall Street Needs to Target Real Enemies Or Face Irrelevancy

Chris Burris, writing for Lew Rockwell’s website yesterday, makes a good point about the Occupy Wall Street movement – they are barking up the wrong tree.

Instead of occupying a park outside of Wall Street, they should march en masse to 33 Liberty Street. That’s where the New York Fed is located. In addition, they should take their chants and drums to the Harold Pratt House on 58 E. 68th Street at Park Avenue. The Council On Foreign Relations does business at that address.

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August 26, 2011

JP Morgan May Take Over Bank Of America

There is a rumor circulated on Wall St. that JP Morgan (NYSE: JPM) will takeover Bank of America (NYSE: BAC) within the week. The government will support the deal with a $100 billion investment in preferred shares issued by the combined entity. Alternatively, the government may guarantee the value of a large pool of Bank of America assets. The word is that Treasury Secretary Geithner has discussed the transaction with JP Morgan CEO Jamie Dimon.The “merger” would completely destroy the value of BAC’ s common shares.

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July 25, 2011

Two Examples of Fascism Run by Banks

The United States and other countries of the world are becoming more fascist as New World Order< /a> globalists rush to complete their fascist world government by late 2012. According to Italy’s former fascist dictator and MI5 asset, Benito Mussolini, “fascism should rightly be called corporatism, as it is the merger of corporate and government power.” The following examples demonstrate fascism/corporatism within the banking structure of the United States.

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June 30, 2011

Gasoline Prices Approach Record High Starting Energy Crisis Rumors

Rumors of looming energy crisis have begun as gas costs near record highs. Households and various industries are feeling the effects of the gasoline price hikes, which have been ongoing for weeks. There isn’t really likely to be a slowdown in the price hikes, either. Source of article – Energy crisis jitters hit as gas prices approach record high by MoneyBlogNewz.

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June 7, 2011

Oil Rally Will End When Consumers Give Up On Gas

Oil costs are increasing and gas costs are approaching levels not seen since the summer of 2008. Despite a large volume of oil and gas reserves in the United States, speculators have managed to drive up the price of oil 21 percent this year. However the law of supply and demand is expected to prevail when consumers can no longer afford to sustain demand for gasoline. Source of article – Oil and gas destined to fall as prices pinch consumer demand by MoneyBlogNewz.

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April 27, 2011

Discount Window Data Shows Global Impact Of Crisis

On the brink of financial collapse, unknown banks were bailed out by the Federal Reserve discount window. The other day the Supreme Court ruled in favor of a Freedom of Information Act request that the Fed had to expose which financial institutions borrowed from the discount window and how much was loaned. Details unveiled by the Fed Thursday shed light on how Wall Street’s meltdown spread damage around the world.

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April 5, 2011

Continued Expansion Of U.S. Manufacturing Sector Faces Headwinds

The U.S. economy has been leaning largely on manufacturing as it crawls away from the recession. U.S. production activity in Feb. expanded for the 19th consecutive month at probably the most brisk pace in seven years. Continued manufacturing growth is in the forecast because orders are outstripping inventories, however the sector must overcome looming inflationary pressures.

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Gas Costs Not Likely Influenced By Using U.S. Oil Reserve

Middle East unrest has given lawmakers the idea that tapping into U.S. oil reserves will stem increasing gas costs. The call to tap reserves is being made even though the world has an excess of oil production capacity and United States fuel inventories are full. The administration is advising Congress not to panic, and industry analysts say tapping the petroleum reserve may feed the fear that is driving up oil and gasoline prices.

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March 9, 2011

Bank Repossessions To Swell In The UK

During the first weeks of 2011 economic reports have all been gloomy headlines concerning England’s economy and with the current government’s economic blinkers firmly in position, it’s highly likely that we’ll see a lot more house repossessions in the coming months as we dive into the pit of a second recession. Recent comments point to a abject failure of the Con/Dem economic “strategy”. Mervyn King, governor of the Bank of England is reported as saying that, “One has to go back to the 1920s to find a time when real wages fell over a period of six years”. The repercussions of this upsurge in the cost of living is yet to be seen, but it’s unlikely to be satisfactory.

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February 28, 2011

Global Trade And Fewer Health Insurance Options

One thing is certain, elected officials aren’t holding back their thoughts of the health care reform law which was recently enacted.  The Republican Party, desperate to fulfill their campaign pledges, have already repealed this law in the House.  On the flip side, Democrats are attempting to safeguard this law because it is touted as their greatest achievement during the leadership of the Obama presidency.  With taxpayers which are equally divided on this matter, the health care reform law will be in the news for a long time.

What is lacking in the news are the real solutions to the medical care troubles the USA is struggling with.  The cost of medical care, that is the chief worry of many individuals, has not been addressed by any political party.  For a long time the cost of medical services has greatly exceeded the overall inflation rate and the wage increases that most employees receive annually.  Until the cost of medical care is contained, even more businesses will be motivated to shed the medical insurance coverage they provide to their workers.

While the health care reform law does have its advantages, many individuals believe this law is only transferring the financial burden of paying for health insurance coverage from businesses to citizens.  And people who feel this is going to happen most certainly have genuine concerns.  Already some companies have shed their retirement plans and some companies have already determined that it is going to be cheaper for them to stop offering health insurance coverage to their employees once the health care reform law is fully enacted.

Almost all individuals do not want government tinkering with their health care.  And who can blame these people?  It is common knowledge that most things the government gets involved in ultimately costs considerably more then envisioned and less advantageous then that which was proposed to voters.  Regardless, no political party is devoted to getting people back to work.  All that spending cuts and bailouts are going to accomplish is postpone the consistent decline in the American standard of living.

People in politics routinely talk about being competitive in the international economy.  However, our country can’t even compete in our own towns.  We are competing with the Chinese, a nation in which many Chinese workers earn below $0.70 per hour.  Being a tenth of our minimum wage, this isn’t being competitive but an all out attack on the American workers.  And until political leaders attempt to tackle these trade issues, our quality of life will continue to decline until our wages are more competitive with those we trade with.  This should be a terrifying idea to most people, but taxpayers are primarily preoccupied with the national health care debate.

Earlier generations of American citizens fought for our liberties and independence.  Yet we are now at a crossroad, in which our political leaders have entered into extremely damaging trade agreements with the Chinese.  As taxpayers we must ask ourselves what exactly has compelled politicians to sell out the American workforce to a Communist country such as China.  And once some politicians with a backbone arise, maybe then our trade policies will be changed to better exhibit our desire to consume and make a living.  Finding this balance is crucial so that American citizens have the means purchase their own medical insurance policies and to keep government out of our personal lives.

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February 11, 2011

Globalists Push SDRs as World Reserve Currency

Once again the IMF is calling for SDRs, short for Special Drawing Rights, to replace the U.S. dollar as the world’s reserve currency.

“Over time, there may also be a role for the SDR to contribute to a more stable international monetary system,” said Dominique Strauss-Kahn, managing director of the IMF. He said there are some “technical hurdles” involved with SDRs, but he believes they could help correct global imbalances and shore up the global financial system.

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January 14, 2011

Brief Overview Of Canadian Economy

In the list of countries, enjoying economic freedom comes the name of Canada as well. Canadian economy is much alike the economy of United States in its market-based approach. The country of Canada has one of very low inflation rates in the world; according to 2010 estimates till date the inflation rate is around 1.4% annually. However, the ongoing global recession has not spared the economy of Canada as well. Canada’s population below poverty line is next to null; this is because Canadian government takes special care about equal distribution of wealth.

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December 3, 2010

It’s The Bankers Or Us

Problem, Reaction, Solution: Derivatives, Crash, Too Big To Fail, Bailout, Nationalization, Budget Crisis, Privatization, Debt Slavery, Austerity, Evaporating Pensions, Central Banks, Big Government, World Government. It’s been quite a saga, but this economic crisis has been planned sabotage by design. The age of the Offshore Global Cartel is the age of economic warfare with the wealthy Western world. The 3rd World has largely already been brought to its knees. The remaining vestiges of national sovereignty must be eliminated and the middle class consumer society must be swept back to the feudal age by way of a tidal wave looting of living standards, cut wages & pensions, and the bread and circuses of cheap plastic goods and entertainment. The upper middle classes, the array of independent businesses, remaining lone giants and other true competition to the New World Order mafia economy system must be consolidated or dominated.

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September 15, 2010

Yes We Can! Nationalize your 401(k)

The Obama Administration wants to steal your retirement.

The following article will shock you so you better keep reading.

We have been saying for almost 2 years to get out of the bank, IRA, 401K and every other
form of savings that is denominated in dollars and put your money in silver. If you think there is much time left, you might want to re-think the plan and take action immediately.

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September 8, 2010

How Hyperinflation Will Happen

The US is currently experiencing a deflation; the Fed and the Administration are taking extraordinary steps (massive deficits and stimulus spending) to avoid a deflationary spiral. Unfortunately, they have been unable to offset the fall in consumer spending, and the money diflucan side effects printing has been overwhelmed by credit contraction.

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August 27, 2010

America’s Coming Super Depression

Hello friends, over the last several months I have been wrestling with a prophetic warning that I received from God. In this letter, I am going to share these things with you.

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August 17, 2010

The Topsy Turvy Economy

The news is that the Fed is now more worried about deflation.

Of course their solution is to print money in a different way in the form of buying up Treasuries. It will be interesting watching this unfold over the next 6 years.

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August 9, 2010

The New Push for a Global Currency

You surely didn’t think that the governing elites would let this economic cialis shelf life crisis pass without pushing some cockamamie scheme for control. Well, here is the cloud no bigger than a man’s hand, a revival of a 60-year-old idea of a global paper currency to fix what ails us.

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July 1, 2010

G-20 Shocking Revelations

When I read the following lead sentence in my newspaper, I was shocked!

Still concerned about slipping back into recession, world leaders signaled Sunday they have a new fear – that the deficit spending they used to stimulate growth could produce a crippling debt crisis that also could stagger the world economy.

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May 19, 2010

The Road to Destruction

For years there have been predictions of a ‘great reckoning’; the premise is that every credit-led expansion in recorded history has ended in a dramatic credit crunch and economic catastrophe. While it is never pleasant to talk about troubles with the economy, the environment or on the political front, the warnings are clearly there.

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April 16, 2010

Today’s News about Goldman Sachs Shouldn’t Surprise You

The announcement today that the Securities and Exchange Commission sued Fabrice Tourre, a Goldman Sachs vice president for fraud should not surprise you. I have warned the readers of this blog and elsewhere for years about the fraud and corruption in our financial markets and how the international banksters have been stealing your money.

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