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Posts Tagged ‘debt’

To most people, money is what gives them a warm and fuzzy feeling. The illusion of money is that as long as you think you have plenty of it, you are just fine. People have been conditioned to think that money is prosperity. In the 1950s, a millionaire was something special and enjoyed notoriety in [...]

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Of the thousands of articles about economic news, near global hysteria rears its head as the world discovers the domino effect of the “subprime” loan industry and the fact that the Chinese economy cannot support the world economy. The loan policies and the fractional reserve of the Federal Reserve Banks is the cause of the [...]

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Are you tired of hearing about the poor housing market? For those that are interested in less than stellar news on this bright new year, we have a late word from the housing market reporters. The market correction has already brought the United States housing sales to the lowest level in 12 years, or since [...]

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On every $1 billion that the Federal Reserve receives in bonds from the government, the Federal Reserve Bank is legally allowed to create another $15 billion in new credit to lend to states, municipalities, businesses, and individuals or to give away overseas, to charity or the Iraq War. Added to the original $1 billion [...]

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The Federal Reserve Corporation is not a government agency, as people are led to believe. The Fed is a private corporation controlled by a fraternal Society of Bankers, operating through the Swiss and controlled by the Vatican. This fraternal society is operated for the financial gain of the Society of Bankers over the people, [...]

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The banking system is quite an amazing thing really and no less amazing is the fact the banking system in this United States is part of a global banking system or Society of Bankers that has functioned and supported the Roman Catholic Church, essentially uninterrupted since the Roman Empire. This is a fact that is [...]

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