• Archives

  • Blog Stats

    • 675,970 hits
  • Categories

Your Property Appears to be the Federal Reserve Gold Standard — Deadly Clear

 

American Homeowners and GSE Shareholders – WAKE UP! The Treasury and GSEs hold the toxic MBS with inflated appraisals, flawed/fraudulent financial products, forged paperwork – and its what’s backing the Federal Reserve. Your property is their Gold Standard. #AuditTheFed Is it any wonder why HAMP was a scam when you realize this? Now you can […]

via Your Property Appears to be the Federal Reserve Gold Standard — Deadly Clear

Not surprising when you consider that the big banks own the Federal Reserve.

Trump Takes on the Fed

Great article. I was not aware that President Nixon had proposed the changes mentioned in this article.

WEB OF DEBT BLOG

The president has criticized Federal Reserve policy for undermining his attempts to build the economy. The best way to make the central bank serve the needs of the economy is to make it a public utility.

For nearly half a century, presidents have refrained from criticizing the “independent” Federal Reserve; but that was before Donald Trump. In response to a question about Fed interest rate policy in a CNBC interview on July 19, 2018, he shocked commentators by stating, “I’m not thrilled. Because we go up and every time you go up they want to raise rates again. . . . I am not happy about it. . . . I don’t like all of this work that we’re putting into the economy and then I see rates going up.” He acknowledged the central bank’s independence, but the point was made: the Fed was hurting the economy with its…

View original post 1,636 more words

Fed official warns about another housing collapse

http://www.businessinsider.com/commercial-residential-real-estate-risk-financial-stability-2017-3 By Wolf Richter, Wolf Street The Fed caused it, but it won’t do much to contain it. Last year, Boston Fed President Eric Rosengren — considered a “dove” on the Fed’s policy-setting committee — started warning about the commercial real-estate bubble in the US and what its demise could do to banks. But in […]

via Housing Bubble II: A Fed official warns that another real estate bubble could collapse financial stability — Livinglies’s Weblog

#BankLivesMatter: Banks Squirm As Congress Moves To Cut The 6% Dividend Paid To Them By The Fed

This Senate Bill is a step in the right direction. Finally the politicians in Washington have taken note of the generous 6% dividend that the big banks enjoy on their stock investment in the Federal Reserve and have decided to do something about it.

Justice League

Now this is interesting..

Submitted by Mike Krieger via Liberty Blitzkrieg blog,

On December 23 of this year, the Federal Reserve will be 99 years old.  And throughout that 99 years, regardless of boom, bust, recession or Great Depression, the biggest Wall Street banks have been enjoying a 6 percent, risk-free return on the capital they hold at the Fed in the form of dividends.

Have you looked at your checking or money market bank statement lately from JPMorgan Chase or Citibank? How about the statement showing the interest you’re earning on your mortgage escrow account with the big banks? While the country suffers through the lingering effects of the Great Recession caused by the biggest Wall Street banks, the public typically receives less than 1 percent on their deposits at the big banks, while the government has legislated a permanent, risk-free 6 percent guarantee to the Wall Street banks for…

View original post 419 more words

%d bloggers like this: