Archives for category: economy

Advertisements you see how low those new higher proposed reserve rates are. Sadly that could still be enough to crush the economy. I don’t think its going to protect depositors either. Looks to me like the banks will just claim depositor funds to meet the reserve requirements. The argument could be made that that’s illegal, but seriously who’s enforcing law against banks anyways. But I heard on the radio today that the recession was easing because kids spent a lot on prom. Which do you think is a better indicator of economic health?
” Keep in mind that the Social Security funds are not government money. It is YOUR money, deducted from every paycheck you ever received, which the government was supposed to manage, invest, and give back to you on your retirement. But the US Government has been “borrowing” your Social Security funds (most heavily during the Clinton years) and now they cannot pay it back. Though they may call it “Austerity”, this is in reality a default by the US Government against the American worker. It is, by any reasonable definition of the word, outright theft, and the fact that it is the government doing the stealing does not make it any less a crime against the people.”. Michael Rivero Putting this up again because its important. ” UPDATE: This article and video are placed in the public domain. Feel free to copy and share with everyone. Now that Cyprus has awakened the world to just how desperate the global banking situation is, with Spain and Italy already announced as next, it is clear the Ponzi-scheme private central banks are headed for a collapse of epic proportions, and true to form, they are desperate to escalate what is technically already a world war into a full-on global conflict to distract from, if not solve, the economic problems they themselves created. They are desperate to start more wars. War with Iran, war with Syria, war with China (because of the gold-backed Yuan), war with Russia (for daring to take control of their central bank) war with … well, anyone will do. We are in this horrible race to see which happens first; a crash of the bankers, or nuclear war. The bankers prefer the war. They will gladly see a billion people die horrible deaths to ensure the remaining 6 billion remain slaves to private central banks issuing the public currency as a loan at interest. They have already made that bargain with the devil many times before!” Michael Rivero of They’re going to suck all the wealth out and leave it a dried up economic husk and simply move to suck the wealth out of the next country.