Must Watch: James Bullard, “Fed action will throttle back the US economy”
A must watch, there is no youtube videos to find anywhere on this…only a link from CNN. James Bullard, President of the Federal Reserve Bank of St. Louis, discusses the Federal Reserve’s “planned temporary shutdown of the US economy” in response to the coronavirus crisis. This a planned temporary shutdown of the US economy, the […]
In One Eye-Opening Map…US States as Countries with Similar GDP
If to be true…the result is compelling, and oddly troubling when you mull the results. For example, this map is not adjusted for population size. That means that “Minnesota has a population of ~5.5 million and Nigeria has a population of ~175 million. Or in other words, that the statistically average Minnesotan has at least the […]
Who Owns The Federal Reserve?
“Some people think that the Federal Reserve Banks are United States Government institutions. They are private monopolies which prey upon the people of these United States for the benefit of themselves and their foreign customers; foreign and domestic speculators and swindlers; and rich and predatory money lenders.” – The Honorable Louis McFadden, Chairman of the […]
35 Statistics About The Working Poor In America That Will Blow Your Mind
In America tonight, tens of millions of men and women will struggle to get to sleep because they are stressed out about not making enough money even though they are working as hard as they possibly can. They are called “the working poor”, and their numbers are absolutely exploding. Sadly, the percentage of low-paying jobs […]
EU summit document shows first step to banking union
A classified draft of next week’s EU summit conclusions is the first step on an emerging “roadmap” to a banking union, pooling debt via eurobonds and political union via EU treaty change over the next 10 years. The “limite” text – published exclusively by The Daily Telegraph, is secret, restricted for the “eyes only” of […]
Walter Burien: CA Comprehensive Annual Financial Reports Show $8 Trillion Tax Surplus
Walter Burien is the pioneer for communicating that government-claimed budget deficits are criminal lies of omission when compared with colossal tax surpluses revealed in their Comprehensive Annual Financial Reports (CAFR). For example, California Governor Brown claims the state budget deficit of $16 billion requires austerity, when the state CAFR reveals $600 billion in cash and […]
Royal Canadian Mint to create digital currency
The Royal Canadian Mint wants to get rid of pocket change — and it’s enlisting hacker-types for help. Less than a week after the government announced the penny’s impending death, the Mint quietly unveiled its digital currency called MintChip. Still in the research and development phase, MintChip will ultimately let people pay each other directly […]
Gas And Other Fuels Are Top U.S. Exports, For First Time
Gas And Other Fuels Are Top U.S. Exports, For First Time. Measured in dollars, the nation is on pace this year to ship more gasoline, diesel, and jet fuel than any other single export, according to U.S. Census data going back to 1990. It will also be the first year in more than 60 that […]