The Occult Truth Behind Capitalism

In 2008, the loss of 11 billion dollars by the world’s largest investment company, AIG, and the bankruptcy of the US investment bank Lehman Brothers, triggered a domino effect of financial consequences which brought the entire capitalist system within a hair’s breadth of total collapse. But, as the events leading up to the financial crisis were slowly unveiled, it became ever clearer that the crisis was caused, quite knowingly, by the bankers themselves. The Cause In the years leading up to the economic crisis in 2008, banks increased the funding for the riskiest loans (called subprime loans), from $30 billion a year to over $600 billion a year, rigged even higher interest rates on those loans, and then, while the bankers were making billions of dollars of profits off the borrowers’ high interest repayments, they made further profits betting against their customers ever being able to pay back the […] Read More

Is the Federal Reserve DESTROYING America? | G. Edward Griffin

On December 23rd 1913, Woodrow Wilson signed into effect the Federal Reserve Act. This interview was recorded on the 100th anniversary of the Federal Reserve and is being brought back today as an encore presentation. Author of “The Creature from Jekyll Island: a Second Look at the Federal Reserve,” G. Edward Griffin exposes the Fed’s hidden objective over the past 100 years and why “if America does not abolish the Federal Reserve, the Federal Reserve will abolish America.” IN THIS INTERVIEW: – The Federal Reserve is a parasite to the U.S. economy ►0:54 – The Fed’s hidden objectives over the past 100 years ►6:12 – Fed chairman (now Janet Yellen, not Ben Bernanke) is just an employee, the banks run the show ►13:53 – We don’t need to audit the Fed; we need to abolish it! ►16:46

Bernanke Wants the U.S. President to Declare “Economic Emergencies” in Future Crises

Presidents should get the power to declare economic emergencies along the lines to declare war, said former Federal Reserve Chairman Ben Bernanke on Monday. It might make sense to give “the president some ability to declare emergencies or take extraordinary actions and not put that all on the Fed,” Bernanke said at a conference. “The constitution gives the president significant flexibility to respond to military situations,” in part because they are chaotic, he noted. “I am sure it is not politically possible, but it would be worth thinking about,” the former Fed chairman said. – From the MarketWatch article: Presidents Should Be Able to Declare Economic Emergencies: Bernanke For those of us who remain horrified and disgusted by the 2008-09 Federal Reserve and U.S. government bailout of the kleptocratic oligarchs who created the crisis, the above comments by the mastermind of this historic theft should be extremely concerning. Although bankers and oligarchs got everything they wanted and more […] Read More

This Is Why You Should NEVER Trust a Bank

Mac Slavo Activist Post The recent actions of mega behemoth Wells Fargo show us just why so many people are distrustful of large financial institutions. The bank, which claims it will help you achieve what’s important, has done exactly the opposite in the case of Rosemary Ronstein. At the height of the 2009 financial crisis Ms. Ronstein was facing a home foreclosure. After her husband passed away that same year the widow was searching through personal records when she happened across a 30-year old CD purchased by her husband in 1984 for the sum of $18,000. The CD, which offered the bearer a 10.9% interest rate and renewed automatically until it was cashed in, was originally issued by First Interstate Bank, an entity that has since been acquired by Wells Fargo. At the time, Ronstein faced the real possibility of having her house seized for failing to pay her mortgage. The CD […] Read More