1 in 8 Americans uses Foodstamps as of right now December 2010. One in four American children, by the way – and JP Morgan is the profiteer of the Foodstamp business. The same guys who inflated your mortgage and bankrupted the nation, are the ones profiting from the poverty they create.Â Not just foodstamps, but [...]
This site is dedicated to providing historical and current education and information about the US banking system, banks, and their relationship to the lives and well being of the people of the United States and around the world.
- If you’re new to the site we suggest you click here to get started.
- You may wish to start with these powerful short video interviews of William Black on the Mortgage Control Fraud of the Lenders:
In this brilliant interview Michael Hudson lays it out in plain English so that anyone can understand what is really going on in the ‘global financial crisis’ which is not a crisis at all so much as it is a powerplay by the financial heavy weights and their corporate bosses to destroy and destabilize the [...]
Should Hank Paulson Be In Jail? from Washington’s Blog by George Washington 2 people liked this Leading bank analyst Chris Whalen has raised the question of whether criminal charges should be brought against former Treasury Secretary Hank Paulson. Any discussion of whether Paulson committed unlawful actions as Treasury Secretary needs to start with Tarp. As [...]
Florida Judge Cancels All Foreclosure Sales in His Division Through Year End from naked capitalism by Yves Smith Per the order below (hat tip Matt Weidner) a judge in Broward County appears to have cancelled all foreclosure sales in one of the foreclosure division from December 20 to December 31: Broward County Judicial Order Canceling [...]
Another great piece from one of our personal favorites, Janet Tavakoli. If you are not paying attention, things are not getting better in the US they are getting worse. Bernie Sanders of Vermont knows it – Janet Tavakoli knows it… does the rest of America know it yet? We do not think so… In Third [...]
We post this to remind people that there is massive propaganda afoot and the ‘everything is fine’ and ‘feal good’ news stories are all about making everyone feels okay as the financial future of the US hangs in the balance… By Greg Hunterâ€™s USAWatchdog.com There are some big messages being put out by the government [...]
If there was any question in the minds of Americans that there is a serious problem in the Federal Government system, let the States of Arizona and Nevada make it plain: what the Federal Government won’t do, the States will. Bravo to Arizona and Nevada for doing what needs to be done in spite of [...]
Federal Reserve is the primary tool of the new financial oligarchy â€“ The ultimate banking clearing house with zero oversight from the people still holds over $2 trillion on its balance sheet. Posted by mybudget360 in bailout, banks, debt, economy, federal reserve, wall street 0 Comments The Federal Reserve system (the Fed for short) is [...]
Chase Bank credit card accounts handled fraudulently says former employee… JP Morgan seems to be hitting a wall in several areas – from silver shorting to bad handling of credit card accounts – shredding documents, robo-signers; wrong amounts owed listed, sales of bogus accounts to investors… hmmmm just not a good month for Chase it [...]