Federal Reserve & Bankers

Bankers Have Engineered the Economic Collapse

Mar 3rd, 2010 | By Kevin Hayden | Category: Constitutional Issues, Economic News, Federal Reserve & Bankers

A 7 minute video that points out just how fragile our economy is when it’s based on a fiat dollar that can not be converted to any physical commodity or tangible good. We are crashing.



Wall Street Journal Encourages You to Walk Away from Bad Debt, Mortgage (Must Read!)

Mar 2nd, 2010 | By Kevin Hayden | Category: Economic News, Featured Articles, Federal Reserve & Bankers

Stop trying to chase your lost equity. That money is gone. Millions of Americans are now deeply underwater on their mortgage. If you’re among them, you need to stop living in a dream world and give serious thought to walking away from the debt. The lenders would do the same to you—in a heartbeat.



Frustrated Homeowner Bulldozes Home Before Bank Could Seize it in Foreclosure

Feb 19th, 2010 | By Kevin Hayden | Category: Federal Reserve & Bankers, Global & National News

Like many people, Terry Hoskins has had troubles with his bank. But his solution to foreclosure might be unique. It involved a large bulldozer!



Bomb Explodes at JP Morgan Office in Athens

Feb 16th, 2010 | By Kevin Hayden | Category: Federal Reserve & Bankers, Global & National News

Police in the Greek capital say a bomb has exploded at the offices of American financial services firm JPMorgan Chase & Co., causing no injuries. The explosion damaged the door, furniture, computers and smashed some windows.



Greece: Cash Business Transactions Over €1500 Will Be Outlawed in 2011, Plastic Only

Feb 15th, 2010 | By Kevin Hayden | Category: Economic News, Federal Reserve & Bankers

“From 1. Jan. 2011, every transaction above 1,500 euros between natural persons and businesses, or between businesses, will not be considered legal if it is done in cash. Transactions will have to be done through debit or credit cards”



Geithner Told To Quit After Emails Reveal Involvement In AIG Cover-up

Jan 27th, 2010 | By Kevin Hayden | Category: Economic News, Federal Reserve & Bankers

Treasury Secretary Timothy Geithner’s denial that he played any role in the AIG cover-up is contradicted by emails which confirm that both Geithner and the New York Federal Reserve were both intimately involved in keeping details about payments to banks including Goldman Sachs from the public and Senators want him to resign.



What Does One Trillion Dollars Look Like? (it might shock you!)

Jan 27th, 2010 | By Kevin Hayden | Category: Blog, Editorials & Reviews, Federal Reserve & Bankers

With all the talk concerning bailouts and stimulus packages, military spending and deficits, I thought I would SHOW you just how much money is being created by the lovely Federal Reserve and this Administration’s policies. It might shock you to see what one trillion dollars LOOK like.



Fed Reserve Makes Record Profit – $52.1 Billion

Jan 12th, 2010 | By Kevin Hayden | Category: Federal Reserve & Bankers

The Federal Reserve made a profit of $52.1bn (£32.2bn) in 2009, a rise of 47% over the previous year.



SEC Orders AIG Info Sealed Until 2018

Jan 12th, 2010 | By Kevin Hayden | Category: Economic News, Federal Reserve & Bankers

It could take until November 2018 to get the full story behind the U.S. bailout of insurance giant American International Group (AIG.N) because of an action taken last year by the Securities and Exchange Commission; granting AIG’s request for confidential treatment.



Federal Reserve Seeks to Protect U.S. Bailout Secrets

Jan 11th, 2010 | By Kevin Hayden | Category: Economic News, Federal Reserve & Bankers

The Federal Reserve asked a U.S. appeals court to block a ruling that for the first time would force the central bank to reveal secret identities of financial firms that might have collapsed without the largest government bailout in U.S. history.