Attention U.S. taxpayers: You now own a piece of a French car company that is drowning in red ink. That’s right. In a move little noticed outside of the business pages, General Motors last week bought more than $400 million in shares of PSA Peugeot Citroen – a 7 percent stake in the company....
GOP presidential candidate Ron paul took a break from campaigning today and diverted his attention back to his role on the House Financial Services Committee with the semiannual visit of Federal Reserve chairman Ben Bernanke.
By Bill Wilson – Iceland is free. And it will remain so, so long as her people wish to remain autonomous of the foreign domination of her would-be masters — in this case, international bankers. On April 9, the fiercely independent people of island-nation defeated a referendum that would have bailed out the UK...
Yesterday Zero Hedge ran a story that most people will never see or really understand. Zero Hedge reported that the Russians have sold off half of their US Treasury bonds over the past year. China has been dumping their dollar holdings too but still have over a trillion dollars left. Other foreigners have been...
Peter Schiff appeared on Fox Business January 17, 2012 arguing that U.S. debt is out of control, and the situation in the U.S. is much worse than that of Europe. Peter Schiff was one of the few economists who warned of the crisis that hit in 2008. His warnings were ignored, and even scoffed...
Wachovia admitted it didn’t do enough to spot illicit funds in handling $378.4 billion for Mexican-currency-exchange houses from 2004 to 2007. That’s the largest violation of the Bank Secrecy Act, an anti-money-laundering law, in U.S. history -- a sum equal to one-third of Mexico’s current gross domestic product.
In a move bound to leave many Greeks and scholars aghast, Greece's culture ministry said Tuesday it will open up some of the debt-stricken country's most-cherished archaeological sites to advertising firms and other ventures. The ministry says the move is a common-sense way of helping "facilitate" access to the country's ancient Greek ruins, and money...
The Treasury on Tuesday started dipping into federal pension funds in order to give the Obama administration more credit to pay government bills. "I will be unable to invest fully" the federal employees retirement system fund beginning Tuesday, Treasury Secretary Timothy Geithner said in a letter to Democratic and Republican leaders in Congress. The House of...
There may be 147 companies in the world that own everything, as colleague Bruce Upbin points out and they are dominated by investment companies as Eric Savitz rightly points out. But it's not you and I who really control those companies, even though much of our money is in them.
You can’t make this stuff up, the Banksters are now just out right stealing governments and will perpetuate debt slavery and socialize their losses.
Nov 10, 2011 - Judge Napolitano explains how the government fools us with inaccurate economic measurements, sells illegal drugs to foreign cartels and why it's time to alter or abolish it.
Right now, most Americans believe that the Federal Reserve is actually an agency of the federal government. But that is simply not the case. The truth is that the Federal Reserve is about as “federal” as Federal Express is.
HONOLULU - Nicole Leszczynski couldn't imagine that two chicken salad sandwiches would land her and her husband in jail and her 2-year-old daughter in state custody. But it happened five days ago, when the 30-weeks-pregnant woman forgot to pay for her snack while grocery shopping.
Khaled's offer comes days after the prominent Saudi cleric, Awad al-Qarni, put $100,000 on the head of every Israeli soldier.
The Vatican called on Monday for the establishment of a "global public authority" and a "central world bank" to rule over financial institutions that have become outdated and often ineffective in dealing fairly with crises.
At a rally in St. Louis on August 12, 2011, several people with savings and checking accounts at Bank of America tried to walk into the building to close their accounts. The suits and the police they had there to back them up wouldn't allow it.
OccupyWallStreet protester with a spot-on & passionate speech re Ending the Federal Reserve, Ending the Fractional Reserve Banking System, Ending the Monetary Fiasco that is the government-controlled FIAT money system & Ending the Wars that were engineered to make the richest 1% even richer.
COPENHAGEN (AP) -- Denmark has imposed a “fat tax” on foods such as butter and oil as a way to curb unhealthy eating habits. The Nordic country introduced the tax Saturday, of 16 kroner ($3.00) per kilogram (2.2 pounds) of saturated fat in a product.
