The entire financial system has turned into a giant gambling casino. The notional value of derivative contracts we know about (OTC) exceeds $700 trillion. This is 20X the world's GDP tied up in various contracts. How can anyone know how and what to invest in?
Congress, and only congress is constutionally granted the authority to create and regulate the US dollar. Congree created the Fed, who (especially under Greenspan) promoted and encouraged this derivatives bubble.
If we want our nation to survive, we need to act now, and tell congress to:
U.S. Government Is Heading for a Slippery Slope [View article]
The entire financial system has turned into a giant gambling casino. The notional value of derivative contracts we know about (OTC) exceeds $700 trillion. This is 20X the world's GDP tied up in various contracts. How can anyone know how and what to invest in?
Congress, and only congress is constutionally granted the authority to create and regulate the US dollar. Congree created the Fed, who (especially under Greenspan) promoted and encouraged this derivatives bubble.
If we want our nation to survive, we need to act now, and tell congress to:
Freddie Mac's Latest Earnings Report Made Suckers of Us All [View article]
Of course we are the patsy. We allowed congress to give the resonsibility to create a currency and maintain na system iof credits to Wall Street (through the Fed).
Do you want to survive? You have 3 choices, pick one:
Will "Principles-Based" Regulation Prevent Another Subprime Crisis? - Housing Tracker [View article]
The problem is the $500+trillion derivatives bubble that may pop at any time. This is all the fault of the Fed and other central banks and their policies of the last 20 years (at least). As the derivative bubble was inflated the central banks stood by, even encouraged it with glee. In fact in the US at least, it is the fault of congress who have the constitutional responsibility to administer and maintain a currency and system of credits. Therefor, we need to
We need to do it NOW. Let's not sit around and wait fo the crash, open our wallets, and pay for it (not that what is in our wallets will necassarily be woth much). Let's take action now, and save our nation! Let's do so in consultation with other allied central banks.
Plan B: Nationalization [View article]
Congress, and only congress is constutionally granted the authority to create and regulate the US dollar. Congree created the Fed, who (especially under Greenspan) promoted and encouraged this derivatives bubble.
If we want our nation to survive, we need to act now, and tell congress to:
NationalizeTheFed
xFed.mobi (mobile)
U.S. Government Is Heading for a Slippery Slope [View article]
Congress, and only congress is constutionally granted the authority to create and regulate the US dollar. Congree created the Fed, who (especially under Greenspan) promoted and encouraged this derivatives bubble.
If we want our nation to survive, we need to act now, and tell congress to:
TakeBackTheFed.com
xFed.mobi (mobile)
Did We Learn Anything Over the Past Two Years? [View article]
Yes. We learned that we need to
TakeBackTheFed.com
Subprime Skeletons Are Still In The Closet [View article]
Freddie Mac's Latest Earnings Report Made Suckers of Us All [View article]
Do you want to survive? You have 3 choices, pick one:
TakeBackThe Fed.com
TakeBackThe Fed.com
TakeBackThe Fed.com
Will "Principles-Based" Regulation Prevent Another Subprime Crisis? - Housing Tracker [View article]
TakBackTheFed.com
We need to do it NOW. Let's not sit around and wait fo the crash, open our wallets, and pay for it (not that what is in our wallets will necassarily be woth much). Let's take action now, and save our nation! Let's do so in consultation with other allied central banks.