Entries Tagged ‘federal reserve’

Iceland jails financial terrorist

Why don’t more nations follow the example set by Iceland and throw corrupt bankers (financial terrorist) in prison?

I did not know it until I watched this video, but the Federal Reserve protects bankers from certain types of criminal prosecution.

If there are no punishments for breaking the law, what is the deterrent? If bankers can make loans to companies they know are going to fail, then buy the company for pennies on the dollar, what is stopping them from rigging the market?

The more I learn about American banks and the federal reserve, the more I understand how rigged the system truly is. If you want the honest truth, the average working class family has no chance against the banks who can print money out of thin air.

Consider this, after the housing crash in 2008, the federal reserve has been printing around $85 billion a month in free money. Then using that money to buy mortgages. Before long the federal reserve will be the largest property owner in the United States.

Petrodollar The Road to World War 3

Good explanation of how the dollar is backed up by nothing. The only thing we really have is oil is bought and sold in U.S. dollars.

How far will the federal reserve go to protect the U.S. dollar? Is it worth going to war with Russia, China and Iran?

Random Thoughts February 27 2013

We have a lot to talk about. Rather then break these topics down into individual post, lets jut make another random thoughts post.

Colorado has gone off the deep end with gun control. This time they want to make make sellers of semiautomatic rifles responsible for the actions of the end users.  It’s laughable what the gun hating liberals are trying to push through.  Making gun sellers responsible, is like making Ford, Toyota or GM responsible for drunk drivers.Kevin Felts, blogger and survivalist

Feinstein’s ‘assault weapon’ ban goes to committee.  When is the government going to address the real cause of gun violence?  Our nation is being overran with debt, banks are getting a steady handout of $85 billion a month from the federal reserve, Iran is working its way to becoming a nuclear power,,, and Dianne Feinstein is worried about gun control?  Holy crap, really?

A buddy of mine passed away, his memorial service is going to be March 2.

AR-15 prices are slowing coming down.  Instead of a colt 6920 costing $3,000, prices are down to around $2,000.  Other brand name ARs are floating around double their price before Sandy Hook.

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Inside Job Movie Review

Want to know why our ancestor hated banks, just watch the movie “Inside Job.”

The documentary was well done, except where Glenn Hubbard got pissed off. If he would have talked to me like he did the interviewer, I would have bitch slapped him.

Inside Job starts off with Iceland, a nation that was financially sound. that is until regulations on the banks are reduced and government oversight is laxed.

The Inside job talks to various people about what helped create the crash of 2008.

Long story short, the working class people are screwed and the banks are going to keep getting richer.

There is a saying I saw awhile back that stuck in my head – “privatized profits and socialized losses.” Meaning, when times are good, the banks keep their profits. When times are bad, the tax payers have to foot the bill.

When the federal reserve is there to hand the banks whatever money they want, who worries about losing money?

So, everyone that voted for obama, how is that change working out for you.

Inside Job should be required watching for everyone who votes for the two major parties.

What really amazed me was the lack of remorse in ripping off millions of investors, and ripping off people with predatory lending.  Its as if the people working on wall street are sociopaths.  If everyone acted like bankers, the world would be in some serious trouble.

Now that the banks have control of our government, things are just going to get worse.

If Inside Job is an indication of things to come, we are in some serious crap.

Worse yet to come for US Markets

angelina river jasper texasThink things are bad now?  Lets just wait a few more months.

The Federal Reserve is talking out printing more money out of thin air, think of post World War I Germany and hyper inflation.
Wheat prices approach a 22 month high, pushed up by failed wheat crops in Russia.
Banks not selling foreclosed homes – their hoping to hang onto the homes so that when the market improves, the homes can be dumped for a better price then the banks can get right now. This will cause home prices to drop even more, or to stagnate. Which is good for the average working people, maybe we will be able to buy a home then.
Wal-mart has rolled back its rollbacks.
Food prices have reached a 2 year high.
JP Morgan post third quarter 2010 net income of $4.4 Billion – for banks to be making money, that means other people are losing money.
China still have most favored nation trade status.
We still have the income tax.
The Federal Reserve is still in control of the American economy.
The 2 major parties still hold power over congress.
Companies in several states are being accused of foreclosure fraud.
Everything in that list is based off the bottom – the 2 major parties are still in power. If you want real change in this nation, your going to have to vote different, and that means voting for someone besides Democrat or Republican.

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