(WAN) – December 27th, 2012 – Read the rest of this entry »

Why the Senate Won’t Touch Jamie Dimon

(WebofDebt) – When Jamie Dimon, CEO of JPMorgan Chase Bank, appeared before the Senate Banking Committee on June 13, he was wearing cufflinks bearing the presidential seal.  “Was Dimon trying to send any particular message by wearing the presidential cufflinks?” asked CNBC editor John Carney.  “Was he . . . subtly hinting that he’s really the guy in charge?”

Read the rest of this entry »

(WebofDebt) - In an article titled “Still No End to ‘Too Big to Fail,’” William Greider wrote in The Nation on February 15^th:

Financial market cynics have assumed all along that Dodd-Frank did not end “too big to fail” but instead created a charmed circle of protected banks labeled “systemically important” that will not be allowed to fail, no matter how badly they behave.

That may be, but there is one bit of bad behavior that Uncle Sam himself does not have the funds to underwrite: the $32 trillion market in credit default swaps (CDS).  Thirty-two trillion dollars is more than twice the U.S. GDP and more than twice the national debt.  Read the rest of this entry »

(USAWatchDog) – The State AG’s are supposed to settle the enormous mortgage mess for a mere $25 billion. The alleged fraud has been reported to be in the neighborhood of $13.5 trillion. Will the crooked big banks who perpetrated this scam on America get a free pass in the so-called “robo-signing” mess? There have been multiple lawsuits over the rip-offs, and there are at least a few states that are holding up the settlement for a better deal and the right to proceed with possible criminal investigations. Read the rest of this entry »

(WebofDebt) - An electronic database called MERS has created defects in the chain of title to over half the homes in America.  Counties have been cheated out of millions of dollars in recording fees, and their title records are in hopeless disarray.  Meanwhile, foreclosed and abandoned homes are blighting neighborhoods.   Straightening out the records and restoring the homes to occupancy is clearly in the public interest, and the burden is on local government to do it.  But how?  New legal developments are presenting some innovative alternatives. Read the rest of this entry »

See Also: (OilPrice) – Football Pitch-Sized Batteries Could Change the World of Renewable Energy – James Burgess – Read More Here

Also: (Rys2Sense) – Video: Thorium an alternatrive nuclear energy – Video Link Here

(WebofDebt) – Neither rain nor sleet nor snow may have stopped the Pony Express, but the nation’s oldest and second largest employer is now under attack. Claiming the Postal Service is bankrupt, critics are pushing legislation that would defuse the postal crisis by breaking the backs of the postal workers’ unions and mandating widespread layoffs. But the “crisis” is an artificial one, created by Congress itself. Read the rest of this entry »

(WebOfDebt) – On November 27, Bloomberg News reported the results of its successful case to force the Federal Reserve to reveal the lending details of its 2008-09 bank bailout.  Bloomberg reported that by March 2009, the Fed had committed $7.77 trillion in below-market loans and guarantees to rescuing the financial system; and that these nearly interest-free loans came without strings attached. Read the rest of this entry »

(RussiaToday) – This week Max Keiser and co-host, Stacy Herbert, talk about the Sarkozy-Merkel dog and pony show announcing the plan without a plan and about when an asset isn’t really an asset. In the second half of the show, Max Keiser interviews Ellen Brown, author of Web of Debt, about the German Landesbanks and a Swiss community currency. Read the rest of this entry »

(GRTV) – This week GRTV talks to Ellen Brown, an attorney, author, and president of the Public Banking Institute. We begin our discussion with an examination of Brown’s recent article on naked shorting and the supppression of the gold price, and we turn our attention to solutions that the people can use to take back power from the finance capitalists. We finish on a discussion of the state banking solution proposed by the Public Banking Institute.

(WebofDebt) - What just happened in the stock market?

Last week, the Dow Jones Industrial Average rose or fell by at least 400 points for four straight days, a stock market first.

The worst drop was on Monday, 8-8-11, when the Dow plunged 624 points. Monday was the first day of trading after US Treasury bonds were downgraded from AAA to AA+ by Standard and Poor’s. Read the rest of this entry »

(WebofDebt) – On June 30, QE2 ended with a whimper.  The Fed’s second round of “quantitative easing” involved $600 billion created with a computer keystroke for the purchase of long-term government bonds.  But the government never actually got the money, which went straight into the reserve accounts of banks, where it still sits today.  Worse, it went into the reserve accounts of FOREIGN banks, on which the Federal Reserve is now paying 0.25% interest. Read the rest of this entry »

(Excavator) – The public banking movement is becoming mainstream thanks to great work done by thoughtful and dedicated researchers like Ellen Brown, author of “Web of Debt.”

(PressTV) – In this edition of On the Edge, Max Keiser interviews Ellen Brown; author of “Web of Debt”. – Read the rest of this entry »

(CNN) – Donald Trump- Hypocrite, Elitist Tool and War Monger

Donald Trump’s fiery rhetoric is designed to appeal to middle America, who has been raked over the coals, in this worst downturn since the Great Depression. Read More Here

(TheTrumpet) – The End of the Dollar – Read More Here

(CNBC) – UK Economy May Be Heading for a Double-Dip – Read More Here

(FauxCapitalist) – Corporate welfare recipient Morgan Stanley Chairman working for China – Read More Here

(Bloomberg) – Payrolls Decrease in 35 U.S. States, Led by New York – Read More Here

(PragCap) – CASE SHILLER HOUSING INDEX CONTINUES ITS DESCENT – Read More Here

(MoneyAndMarkets) – Dead ahead: State and city pension FAILURES! – Read More Here

REPOST – (DTOM) – January 1st – 2011: Doom is Always 6 Months Away – Read More Here

(RealityReport) – Video: The RANT: New Illinois Tax to Yield Higher Quality Corruption – Gary Franchi – Video Link Here

(WealthCycles) – The State Bankruptcy Threat – Read More Here

(EconomicCollapse) – Paper Money Madness: Inflation-Fueled Economic Growth Does Not Indicate That An Economy Is Getting Stronger – Read More Here

(Zarathustra) – WELCOME TO STAGFLATION: UK Economy Shrinks While Inflation Set To Rise 4% – Read More Here

(ZeroHedge) – Scotia-Mocatta Sells Out Of 1 Kilo Silver Bars – Tyler Durden – Read More Here

(WashingtonsBlog) – Robert Shiller Argues That Rising Inequality In The US Was A Major Cause Of The Recent Crisis, And Little Is Being Done To Address It – Read More Here

(ZeroHedge) – Russia Imposes Inflation-Driven Price Controls: Will Use Price Caps On “Socially Important” Commodities – Tyler Durden – Read More Here

(Bloomberg) – Wall Street Partying in Davos as Bankers Overcome Crisis – Read More Here

(TheAtlantic) – E-mails Suggest Bear Stearns Cheated Clients Out of Billions – Read More Here

(TheAmericanDream) – No Jobs, No Hope, No Future: 27 Signs That America’s Poverty Class Is Rapidly Becoming Larger Than America’s Middle Class – Read More Here

(Bloomberg) – Fed to Pursue QE Even as Business Lending Gains – Read More Here

(NaturalNews) – Global sugar shortage looms, price hikes expected – Read More Here

(DailyBail) – Treasury Announces Sale Of 465 Million Citigroup Warrants – Read More Here

(USAWatchDog) – Question: What Happens When QE2 Ends? – Read More Here

(SherrieQuestioningAll) – California – Possible Class Action Suit against Deutsche Bank and Aurora Loan – Please Call the number and join – Class Actions are FREE to all who join! – Read More Here

(FoxNews) – Postal Service Eyes Closing Thousands of Post Offices – Read More Here

(Rense) – US Treasury Sec Admits US Default Imminent – Read More Here

(JSMineset) – Russia Central Bank Plans To Buy 100 Tons Of Gold A Year – Read More Here

(Guardian) – Food Speculation: ‘People Die from Hunger While Banks Make a Killing on Food’

It’s not just bad harvests and climate change – it’s also speculators that are behind record prices. And it’s the planet’s poorest who pay Read More Here

(WebOfDebt) – Public Banking in America – Washington State Joins a Nationwide Movement – Ellen Brown – Read More Here

(GlobalResearch) – Global Poverty, Food Riots, and the Economic Crisis – Excerpt from: “The Global Economic Crisis: The Great Depression of the XXI Century” – Michel Chossudovsky – Read More Here

(Bloomberg) – Paulson Made More Than $1 Billion on Citigroup Stake – Read More Here

(CalculatedRiskImages) – Unofficial Problem Bank list increases to 937 Institutions – Read More Here

(Mondoweiss) – Saban family tried to give Emanuel over 1/2 a million – Read More Here

(DailyBail) – How The Federal Reserve And The Zombie Banks Are Monetizing The National Debt Right Before Your Eyes – Read More Here

(Yahoo) – Judge temporarily delays loan document shredding

A U.S. bankruptcy judge temporarily blocked bankrupt subprime lender Mortgage Lenders Network USA from destroying 18,000 boxes of original loan files after federal prosecutors said documents in them may be needed as evidence in more than 50 criminal investigations. Read More Here

(ActivistPost) – Bankruptcy, not bailouts, a better path – Read More Here

(DailyBail) – Video: Florida’s Housing Bubble – What $1.4 Million Bought At The Height Of The Insanity – View Video Here

(DailyBail) – Bernanke The Accounting Magician: Unnoticed Rule Change Means The Fed Will NEVER Incur A Balance Sheet Loss Again – Read More Here

(Breitbart) – GM’s China sales pass US for first time in history – Read More Here

(Newsweek) – Here Comes $4 Gas, $5 Cups of Coffee – Read More Here

(DailyBail) – Video: Wall Street Executive Air: “In The Unlikely Event Of A Loss In Profits, Bailout Funds Will Drop From The Panel Above Your Head” – Video Link Here

(DailyBail) – Case Shiller CHART: Home Prices Have AT LEAST 20% More To The Downside – The WORST Is Still To Come – Read More Here

(DailyBail) – J.P. Morgan Sued For Role In Hedge Fund Ponzi – Read More Here

(DallasNews) – J.C. Penney to close 26 stores – Read More Here

(ActivistPost) – The Most Predictable Financial Calamity in History – Read More Here

(MSNBC) – Fannie, Freddie leave $160 million in legal bills to taxpayers – Read More Here

Climategate

(DMI) – PDF – Whoopsie: Greenland actually COOLING! – View More Here

See Also: (BBC) – Video: Greenpeace leader admits Arctic Ice Exaggeration – Video Link Here

(21stCenturyWire) – 2010: Another record breaking winter. So what happened to global warming? – Read More Here

(ABC) – The money trail

Unpaid sceptics are not just taking on scientists who conveniently secure grants and junkets for pursuing one theory, they also conflict with potential profits of Goldman Sachs, JP Morgan, BNP Paribas, Deutsche Bank, HSBC, Barclays, Morgan Stanley, and every other financial institution or corporation that stands to profit like the Chicago Climate Exchange, European Climate Exchange, PointCarbon, IdeaCarbon (and the list goes on… ) as well as against government bureaucracies like the IPCC and multiple departments of Climate Change. There’s no conspiracy between these groups, just similar profit plans or power grabs. Read More Here

(MSNBC) – Why your dishes won’t come clean anymore – Read More Here

(ActivistPost) – Arctic air blast brings temps of 50 below to New England – Read More Here

(BangorDailyNews) – Arctic air blast prompts warnings

An arctic blast from Canada is bringing brutally frigid air and wind chills expected to dip to 50 below zero to northern New England, prompting officials to warn residents to take precautions against the cold. Read More Here

(AccuWeather) – Forecast for the Rest of Winter Looks Rough – Read More Here

(Telegraph) – Oh no, not another unbiased BBC documentary about ‘Climate Change’… – Read More Here

(DailyMail) – The BBC became a propaganda machine for climate change zealots, says Peter Sissons… and I was treated as a lunatic for daring to dissent – Read More Here

(DailyMail) – Four people killed as U.S. east coast shivers in temperatures as low as -50F – Read More Here

(IPS) – Driving Straight Into Catastrophe

Despite repeated warnings by environmental and climate experts that reduction of fossil fuel consumption and greenhouse gas emissions is fundamental to forestalling global warming, disaster appears imminent. According to the latest statistics, unprecedented climate change has Earth hurtling down a path of catastrophic proportions. Read More Here

Video

(CSPAN) – 23% Unemployment: The Fed Rescued the Banks but Not the American People – Ron Paul – Read the rest of this entry »

(RussiaToday) – This week Max Keiser and co-host, Stacy Herbert, find an unsurprising answer to the most important question of our time, “why is America broke?” They also discuss ‘nasty surprises’ and Tony of Arabia. In the second half of the show, Max talks to author and blogger, Ellen Brown, about her latest piece on the Huffington Post offering a solution for Ireland. Read the rest of this entry »

(GlobalResearch) – The deficit hawks are circling, hovering over QE2, calling it just another inflationary bank bailout.  But unlike QE1, QE2 is not about saving the banks.  It’s about funding the federal deficit without increasing the interest tab, something that may be necessary in this gridlocked political climate just to keep the government functioning.

On November 15, the Wall Street Journal published an open letter to Fed Chairman Ben Bernanke from 23 noted economists, professors and fund managers, urging him to abandon his new “quantitative easing” policy called QE2.  The letter said: Read the rest of this entry »

(Truthout) – Unlike QE1, QE2 is not about saving the banks. It’s about saving the country from Greek-like austerity measures necessitated by a burgeoning federal debt. The debt is never paid, but is just rolled over from year to year; but the interest is paid, and it is here that QE2 relieves the pressure, since the Fed rebates its interest to the Treasury.

The inflation hawks are circling, warning of the dire consequences of the Fed’s new QE2 scheme. “Quantitative easing” (QE) is Fedspeak for creating money out of nothing with a computer keystroke. Read More Here

(YesMagazine) – By understanding that money is simply credit, we unleash it as a powerful tool for our communities. Read the rest of this entry »

(RussiaToday) – This time Max Keiser and co-host, Stacy Herbert, look at the full scale currency war launched by the “tomb maker” and at hiring hair stylists as scabs to cross the bankers’ picket line. He also talks to Ellen Brown about Foreclosure-gate. Read the rest of this entry »

(GlobalResearch) – Latin America’s New Middle Class Rulers: Stabilization, Growth and Inequality – Prof James Petras – Read More Here

(WebOfDebt) – Taking Back the Money Power: How Hidden Pools of Government Money Could Help Save the Economy – Ellen Brown

For over a decade, accountant Walter Burien has been trying to rouse the public over what he contends is a massive conspiracy and cover-up, involving trillions of dollars squirreled away in funds maintained at every level of government. His numbers may be disputed, but these funds definitely exist, as evidenced by the Comprehensive Annual Financial Reports (CAFRs) required of every government agency. If they don’t represent a concerted government conspiracy, what are they for? And how can they be harnessed more efficiently to help allay the financial crises of state and local governments? Read More Here

(Fox5Vegas) – Las Vegas Unemployment Rate At 14.2 Percent – 193,000 Out Of Work Statewide – Read More Here

(DailyKos) – A perfect storm for unemployment in June

While there is plenty of talk about the economic recovery, there is barely a whisper about what is just a few weeks ahead. It’s not any one thing. It’s a combination of three (and possibly four) different events that will deliver devastating body-blows to the economy. Read More Here

(InfoClearingHouse) – Great Depression 2.0. Bet on it – Mike Whitney

Deficits create demand. Demand generates spending. Spending generates economic activity. Economic activity generates growth. Growth generates jobs, increases government revenues, reduces deficits and ends recessions.

Simple, right? Read More Here

(Telegraph) – Whatever Germany does, the euro as we know it is dead

“Money can’t buy you friends, but it does get you a better class of enemy” – Spike Milligan
For Angela Merkel, leader of the eurozone’s richest country, a queue is forming of high-quality adversaries. As she tips German Geld und Gut into the furnace of a rescue package for the euro, while going it alone in a misguided ban on market “manipulators”, the brass-neck Chancellor has infuriated domestic voters, angered her EU partners (in particular the French) and invited the so-called wolf pack of global traders to do its worst. Read More Here

(TheFluCase) – Germany’s Parliament Votes to Give 66% of Country’s Annual Income Tax Revenue to Banks

Germany’s parliament today passed a bill that will mean that about 66 per cent of the country’s income tax revenue each year will go to banks in the form of interest payments on souvereign dent bonds held by Greece, Portugal and other eurozone nations. Read More Here

(OftWoMinds) – “Two Scoop Special”: Double-Dip Recession Guaranteed

Whether you believe the U.S. economy ever exited recession or not, a further decline is already baked in by numerous macro factors. Read More Here

(May 21) – Video: Bob Chapman’s Friday 5/21/2010 Economic Report on Alex JonesTv

Bob Chapman, publisher of the International Forecaster, a compendium of information on business, finance, economics and social and political issues worldwide. – Part 1 – Part 2 – Part 3 – Part 4 – Part 5

(May 20) – Video: Author Ellen Brown Details How to Have A State Own Bank Like N. Dakota on Alex Jones Tv

Alex also welcomes to the show attorney and author Ellen Brown. Her latest book, Web of Debt, documents the Federal Reserve and “the money trust” and shows how this private cartel has usurped power to create money from the people themselves and how we the people can get it back. Brown is the author of several other books, including Forbidden Medicine, Nature’s Pharmacy for Children: Drug Free Alternatives for More Than 160 Childhood Ailments. Read the rest of this entry »

(AU) – Housing market will implode, warns Edward Chancellor

AUSTRALIA is in the midst of an unsustainable housing bubble that could burst at any time, warns the man who predicted the global credit bust of 2007. Read More Here

(DailyFinance) – FDIC Shuts Seven More Banks at a Cost of Over $7 Billion

The Federal Deposit Insurance Corporation closed seven more banks on Apr. 30, bringing the total to 64 for the year. The day was particularly expensive, costing the agency just over $7 billion. Read More Here

(Telegraph) – Radical tax on debt put to parties

Households should pay a new tax on every pound of debt they owe, according to one of Britain’s leading economists. Read More Here

(BusinessInsider) – Find Out How Much The Greek Bailout Is Costing YOU – Read More Here

(GlobalResearch) – The Criminalization of Wall Street: Will Any Exec at Goldman Sachs Go to Jail? – Danny Schechter

Will Goldman survive the assault? Will the threat of criminal charges being pursued against the world’s leading investment bank spill over onto others on Wall Street? Is the criminalization of the crisis underway, or is all this just a maneuver? Read More Here

(InfoClearingHouse) – The Subprime Conspiracy: Was There A Plan to Blow Up The Economy? – Mike Whitney

Many people now believe that the financial crisis was not an accident. They think that the Bush administration and the Fed knew what Wall Street was up to and provided their support. This isn’t as far fetched as it sounds. Read More Here

(Reuters) – Morgan Stanley fined $14 mln for hidden block oil trade

U.S. futures regulators fined Morgan Stanley (MS.N) $14 million for failing to report a big block oil trade and fined Moore Capital $25 million for attempting to manipulate palladium and platinum futures. Read More Here

(TheState) – Bartering up as economy down

Bartering, trading goods or services rather than charging cash, is an ancient practice. But it has gained popularity during the economic meltdown that left many short on cash but rich in talent or treasures. Read More Here

(BusinessInsider) – David Kotok: $12.5 Billion Is Just The Start Of The Oil Cleanup Costs, And A Double-Dip Is Now Way More Likely

David Kotok of Cumberland Advisors is out with some very gloomy comments about the economic ramifications of the Deepwater Horizon oil spill, and what it will cost. First he notes the ugliest case scenario:

This spew stoppage takes longer to reach a full closure; the subsequent cleanup may take a decade. The Gulf becomes a damaged sea for a generation. The oil slick leaks beyond the western Florida coast, enters the Gulfstream and reaches the eastern coast of the United States and beyond. Use your imagination for the rest of the damage. Monetary cost is now measured in the many hundreds of billions of dollars.

As for numbers: Read More Here

(WebOfDebt) – Hollywood and The Rigging of Financial Markets – Ellen Brown

Betting on the Gross Profits of Upcoming Movies Read More Here

(HuffingtonPost) – Video: Warren Buffett – Nothing ‘Unique’ About Goldman Sachs Deal Targeted By The SEC

In two interviews this morning, Warren Buffett reiterated his support for Goldman Sachs in the wake of the SEC’s civil fraud charges levied against the bank. Read More Here

(WebOfDebt) – While the SEC is busy investigating Goldman Sachs, it might want to look into another Goldman-dominated fraud: computerized front running using high-frequency trading programs.
Market commentators are fond of talking about “free market capitalism,” but according to Wall Street commentator Max Keiser, it is no more. It has morphed into what his TV co-host Stacy Herbert calls “rigged market capitalism”: all markets today are subject to manipulation for private gain. Read the rest of this entry »

“We say in our platform that we believe that the right to coin money and issue money is a function of government. . . . Those who are opposed to this proposition tell us that the issue of paper money is a function of the bank and that the government ought to go out of the banking business. I stand with Jefferson . . . and tell them, as he did, that the issue of money is a function of the government and that the banks should go out of the governing business.” William Jennings Bryan, Democratic Convention, 1896

William Jennings Bryan would have been pleased. The government is now officially in the banking business. On March 30, 2010, President Obama signed the reconciliation “fix” to the health care reform bill passed by Congress last week. Slipped into it was student loan legislation the President calls “one of the most significant investments in higher education since the G.I. Bill.” Under the Student Aid and Fiscal Responsibility Act (SAFRA), the federal government will lend directly to students, ending billions of dollars in wasteful subsidies to firms providing student loans. The bill will save an estimated $68 billion over 11 years. Read the rest of this entry »

(GlobalResearch) – As the states’ budget and credit crises deepen, four states have initiated bills for state-owned banks, and candidates in seven states have included that solution in their platforms. Read the rest of this entry »

(WebofDebt) – In addition to mandatory private health insurance premiums, we may soon be hit with a “mandatory savings” tax and other belt-tightening measures urged by the President’s new budget task force.  These radical austerity measures are not only unnecessary, however, but will actually make matters worse.  The push for “fiscal responsibility” is based on bad economics. Read the rest of this entry »

Read the rest of this entry »

Rumor has it that Timothy Geithner is on his way out as Treasury Secretary, due to his involvement in the AIG scandal that is now unraveling in hearings before the House Oversight and Reform Committee. Bob Chapman writes in The International Forecaster:

Each day brings more revelations of efforts of the NY Fed and Goldman Sachs to hide the details of the criminal conspiracy of the AIG bailout. . . . This is a real crisis on the scale of Watergate. Corruption at its finest.

Read the rest of this entry »

Rumor has it that Timothy Geithner is on his way out as Treasury Secretary, due to his involvement in the AIG scandal that is now unraveling in hearings before the House Oversight and Reform Committee. Bob Chapman writes in The International Forecaster:

Each day brings more revelations of efforts of the NY Fed and Goldman Sachs to hide the details of the criminal conspiracy of the AIG bailout. . . . This is a real crisis on the scale of Watergate. Corruption at its finest.

Read the rest of this entry »

Dr. Benjamin Rush, a signer of the Declaration of Independence, is quoted as warning two centuries ago:

“Unless we put medical freedom into the Constitution, the time will come when medicine will organize into an underground dictatorship. . . . The Constitution of this republic should make special privilege for medical freedom as well as religious freedom.” Read the rest of this entry »

The government seems to be speaking out of both sides of its mouth, as the President preaches one thing and the FDA does another. If we are going to have “smarter medicine that really works,” we need to get politics, lobbies and cronyism out of science. Read the rest of this entry »

Many people seem genuinely baffled that western governments are hyping the arrival of a swine flu pandemic as if it’s the greatest threat to humanity since the bubonic plague, despite the relatively low number of deaths from the virus, unaware that the pharmaceutical industry has been intimately joined at the hip with the state for decades. Read the rest of this entry »

(WSJ) – Fund Expected to Be Exhausted in 2037 Read the rest of this entry »

Scott Patterson writes in the Wall Street Journal that we won’t get inflation until unemployment is down below 5%:

A rule of thumb is that inflation doesn’t become sticky until the unemployment rate dips below 5%… Read the rest of this entry »

Philip Reitinger, who worked in cybersecurity for Microsoft and fought cybercrime for the Department of Justice, will help to coordinate cybersecurity efforts across the government. Read the rest of this entry »

In a little more than a decade, Credit Default Swaps (CDS) have ballooned into a multi-billion dollar industry which has changed the fundamental character of the financial system and increased systemic risk by many orders of magnitude. Read the rest of this entry »

This is the sixth and final article on Ellen Brown’s superb 2007 book titled “Web of Debt,” now updated in a December 2008 third edition. It tells “the shocking truth about our money system, (how it) trapped us in debt, and how we can break free.” This article focuses on establishing a people-oriented banking system. It’s high time we had one and reclaimed what’s rightfully ours. Read the rest of this entry »

This is the fourth in a series of articles on Ellen Brown’s superb 2007 book titled “Web of Debt,” now updated in a December 2008 third edition. It tells “the shocking truth about our money system, (how it) trapped us in debt, and how we can break free.” This article focuses on America’s “web of debt” entrapment. Read the rest of this entry »

This is the fourth in a series of articles on Ellen Brown’s superb 2007 book titled “Web of Debt,” now updated in a December 2008 third edition. It tells “the shocking truth about our money system, (how it) trapped us in debt, and how we can break free.” This article focuses on America’s “web of debt” entrapment. Read the rest of this entry »

Reviewing Ellen Brown’s “Web of Debt:” Part II

This is the second of several articles on Ellen Brown’s remarkable book titled “Web of Debt….the shocking truth about our money system, (how it) trapped us in debt, and how we can break free.” It’s a multi-part snapshot. Reading the entire book is strongly recommended – easily obtainable through Amazon or Brown’s webofdebt.com site. Read the rest of this entry »

This is the first of several articles on Ellen Brown’s superb 2007 book titled “Web of Debt,” now updated in a December 2008 third edition. It tells “the shocking truth about our money system, (how it) trapped us in debt, and how we can break free.” Given today’s global economic crisis, it’s an appropriate time to review it and urge readers to digest the entire work, easily gotten through Amazon or Brown’s webofdebt.com site. Her book is a remarkable achievement – in its scope, depth, and importance. Read the rest of this entry »

This is the first of several articles on Ellen Brown’s superb 2007 book titled “Web of Debt,” now updated in a December 2008 third edition. It tells “the shocking truth about our money system, (how it) trapped us in debt, and how we can break free.” Given today’s global economic crisis, it’s an appropriate time to review it and urge readers to digest the entire work, easily gotten through Amazon or Brown’s webofdebt.com site. Her book is a remarkable achievement – in its scope, depth, and importance. Read the rest of this entry »

As previously noted, the Federal Reserve has failed on its own terms. Specifically, it has failed to provide the counter-cyclical influence on the economy which is its very justification for existing in the first place. Read the rest of this entry »

In and out of classrooms, sleeping in shelters, shielded by parents, homeless children can seem invisible to society at large.

A national study released Monday finds that one in 50 children in America is homeless. They’re sharing housing because of economic hardship, living in motels, cars, abandoned buildings, parks, camping grounds or shelters, or waiting for foster care placement. Read the rest of this entry »