2012, TEOTWAWKI, Survival, Food Storage, Economic Collapse, Self Defense, Stockpile food, First Aid, Prepping
Ninety minutes before the end of the trading day today, the U.S. stock market almost melted down The Dow Jones Industrial Average dropped nearly 1,000 points. The market regained ground before the end, like a giant 747 narrowly averting a crash landing, but the questions of the day are: What happened? And What does it… [Continue Reading]
Congress required the Treasury Department to disclose who received TARP money, why is it wrong to demand the same of the Federal Reserve? President Obama might veto Financial Reform if it includes the Sanders “Audit the Fed” Amendment. This would be a defining moment for his Presidency, and a massive betrayal of the public’s interests…. [Continue Reading]
A report that found that illegal immigrants in the United States cost the federal government more than $10 billion a year — a sum it estimated would almost triple if they were given amnesty — has drawn criticism from immigration advocacy groups. For its report, the Center for Immigration Studies, a Washington-based group that advocates… [Continue Reading]
Americans seeking reward money are turning in neighbors, clients and employers they suspect of cheating on taxes to the IRS at a rate of nearly eight per day, the director of the agency’s whistleblower program said. Steve Whitlock, the director, told an audience of about 200 lawyers, investigators and government officials at a Miami Beach… [Continue Reading]
With a fight looming on the Senate floor over a proposal to open the Federal Reserve up to audits, a Democratic House member who’s leading that push said today that the Obama administration is seeking to block it out of “one of the biggest conflicts of interest I’ve ever seen.” Rep. Alan Grayson, D-Fla., said… [Continue Reading]
The Federal Reserve is privately lobbying against a bipartisan Senate amendment that would open the central bank to an audit by the Government Accountability Office, according to documents distributed to Senate offices by a Fed official. The effort to beat back the audit relies on playing two members of the same caucus — Sens. Bernie… [Continue Reading]
We’re entering the final innings of the debate over financial reform. There are many important issues still up in the air including whether the law will do anything to break up the big banks and prevent them from engaging in risky trading. Remarkably, the place where the Obama administration has chosen to devote its energy… [Continue Reading]
1). Accounting Fraud: Last year, America’s leading banks were insolvent. They had tens or hundreds of billions in losses on their books, and the only way to wipe those losses out would be to either a) own up to the mess, raise enormous amounts of money on top of all the bailout money; or b)… [Continue Reading]
Ron Paul and Harry Mitchell have again stopped the increase in pay that Members of Congress automatically get every year unless it is voted down. Their efforts to block the pay raise for 2010 was successful last year, and today their bill to block the pay raise for 2011 passed overwhelmingly (402-15) in the House… [Continue Reading]
GM CEO Ed Whitacre announced in a Wall Street Journalcolumn Wednesday that his company has paid back its government bailout loan “in full, with interest, years ahead of schedule.” He is even running TV ads on all major networks to that effect–a needless expense given that a credulous media is only too happy to parrot… [Continue Reading]
A Fox News hit piece against Jesse Ventura and the 9/11 truth movement written by former Washington D.C. prosecutor Jeffrey Scott Shapiro inadvertently reveals a shocking truth, that World Trade Center leaseholder Larry Silverstein, who collected nearly $500 million dollars in insurance as a result of the collapse of Building 7, a 47-story structure that… [Continue Reading]
It’s hard to miss these days. The headlines tell the story — repetitively. Everyone, it seems, is on the take. The Securities and Exchange Commission has charged Goldman Sachs with securities fraud for creating and selling “a mortgage investment that was secretly intended to fail” — and then betting against its own customers. JPMorgan Chase… [Continue Reading]
So much is being written in the mainstream media about who the tea partiers are, but very little is being recorded about what these folks are actually saying. We know that this is a decentralized grassroots movement, with many different voices hailing from many different towns across the country. But the tea-party message comes together… [Continue Reading]
As Charles Dickens reminded us in his classic novel Great Expectations, the line between crime and cash is a continually blurry one. And it’s easily manipulated by language and narrow self-interest. For example, let’s just consider the overly extensive use of one term: “Unexpectedly.” It is especially ubiquitous in finance journalism, where it is repeatedly… [Continue Reading]
Journalist David DeGraw has put together a devastating report detailing how Wall Street continues to pillage the economy with the government’s help. “The staggering level of theft continues unabated,” writes DeGraw. “Our future is going up in flames and our government isn’t even making the slightest effort to put out the fire. In fact, they… [Continue Reading]
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