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The Public Banking Revolution Is Upon Us — WEB OF DEBT BLOG

As public banking gains momentum across the country, policymakers in California and Washington state are vying to form the nation’s second state-owned bank, following in the footsteps of the highly successful Bank of North Dakota, founded in 1919. The race is close, with state bank bills now passing their first round of hearings in both […]

via The Public Banking Revolution Is Upon Us — WEB OF DEBT BLOG

Hopefully the public banking movement will continue to gain momentum in key states such as California which could definitely use a public bank.

Why Is the Fed Paying So Much Interest to Banks? — WEB OF DEBT BLOG

“If you invest your tuppence wisely in the bank, safe and sound, Soon that tuppence safely invested in the bank will compound, “And you’ll achieve that sense of conquest as your affluence expands In the hands of the directors who invest as propriety demands.” — Mary Poppins, 1964 When Mary Poppins was made into a […]

via Why Is the Fed Paying So Much Interest to Banks? — WEB OF DEBT BLOG

That is outrageous that the Federal Reserve is paying the big banks $36 billion dollars per year in interest. The big banks are paid 2.4% for parking their reserves with the Federal Reserve while the big banks only pay about 0.10% on the average savings account.

Famous figures who should immediately be banned by Facebook — Jon Rappoport’s Blog

Famous figures who should immediately be banned by Facebook By Jon Rappoport Don’t hesitate. These persons are a danger to the community. Facebook should ban them immediately, before their dangerous word-viruses infect the brains of a billion users. “We are not afraid to entrust the American people with unpleasant facts, foreign ideas, alien philosophies, and […]

via Famous figures who should immediately be banned by Facebook — Jon Rappoport’s Blog

Two Damning Videos Point to Parkland School Psyop — The New Modern Man

The United States – in a true display of Neoconservative philosophy based on using the mainstream media to invent phantom enemies in order to influence public policy (as documented by BBC filmmaker Adam Curtis in a film that strongly suggests most, if not all “terror” events since 2001 have been staged) has unleashed yet another […]

via Two Damning Videos Point to Parkland School Psyop — The New Modern Man

This post details some of the reasons why I no longer reside in the United States. I grew up there and love the country and its ideals. Unfortunately the United States is no longer a republic based on democratic principles.

Government Bankruptcies: Needs of Citizens Take Priority Over Creditor Claims (Assured Guaranty v. Puerto Rico) — MEDIATBANKRY

By: Donald L Swanson Puerto Rico’s long-standing financial straits, rendered more dire by Hurricane Maria, create an issue of bankruptcy priority: should available funds be used to, (i) address hurricane devastation and daily citizen needs, or (ii) pay creditor claims when due? –The answer to this priority is simple and easy in Puerto Rico: citizen needs […]

via Government Bankruptcies: Needs of Citizens Take Priority Over Creditor Claims (Assured Guaranty v. Puerto Rico) — MEDIATBANKRY

I agree that the needs of the citizens should come first.  I would not be surprised if there is more litigation in the bankruptcy courts regarding this issue.

Student Debt Slavery: Bankrolling Financiers on the Backs of the Young — WEB OF DEBT BLOG

Higher education has been financialized, transformed from a public service into a lucrative cash cow for private investors. The advantages of slavery by debt over “chattel” slavery – ownership of humans as a property right – were set out in an infamous document called the Hazard Circular, reportedly circulated by British banking interests among their American banking counterparts during the American Civil […]

via Student Debt Slavery: Bankrolling Financiers on the Backs of the Young — WEB OF DEBT BLOG

The British and American banking interests have colluded to get as many people as possible into debt slavery.  They are the same banking interests that were going to charge President Abraham Lincoln an interest rate of between 19-24% and this was at a time when the interest rate on United States Treasury bills was around 1%!!!

BANNED FROM THE BANKING INDUSTRY FOR LIFE, A SCOTT PRUITT FRIEND FINDS A NEW HOME AT THE EPA — Justice League

THE ENVIRONMENTAL PROTECTION Agency has tasked a banker who was banned from the banking industry for life with oversight of the nation’s Superfund program. In May, the Federal Deposit Insurance Corporation fined Oklahoma banker Albert Kelly $125,000. According to a consent order, which The Intercept obtained through the Freedom of Information Act, the FDIC had “reason to […]

via BANNED FROM THE BANKING INDUSTRY FOR LIFE, A SCOTT PRUITT FRIEND FINDS A NEW HOME AT THE EPA — Justice League

Just more evidence that Donald Trump is not “draining the swamp” as he had promised during the election. He is allowing the swamp to be filled with some very unsavory individuals.

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