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Introduction

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:

Bill Black: To Rob a Country, Own a Bank

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View the Entire Piece Here

ZeroHedge: Bank of America Reports No Day With Trading Losses in Q3…

07 Nov

Bank Of America Reports No Day With Trading Losses In Q3, Announces MBS Complaints Over $375 Billion Worth Of Securities Submitted by Tyler Durden on 11/05/2010 14:31 -0500 In its just released 215 page 10-Q, BofA announced it has just overtaken Goldman, and where even Goldman ended up having days with trading losses, Bank of [...]

 

More from Joseph Stiglitz – from Common Dreams: Foreclosures and the Banks’ Debt to Socieity

07 Nov

Foreclosures and Banks’ Debt to Society Rewritten bankruptcy provisions reduce indebted homeowners to servitude. What has become of the rule of law in the US? by Joseph E. Stiglitz The mortgage debacle in the United States has raised deep questions about “the rule of law”, the universally accepted hallmark of an advanced, civilized society. The [...]

 

US Becoming More Like Japan – nakedcapitalism brings us the Controlled Press Edition

07 Nov

Taking a closer look at the control of information inside the US and abroad – how the stories we need to hear are buried or killed until they are largely irrelevant… or useless to the people reading them, at any rate. The US Becoming More Like Japan: Controlled Press Edition from naked capitalism by Yves [...]

 
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So Everyone Agrees the Problem is Uncertainty as to Whether Balance Sheets are Credible

07 Nov

The basic problem for the markets is uncertainty as to whether the balance sheets of financial firms are credible. Even Greenspan Admits that Moral Hazard and Fraud are the Main Problems from Washington’s Blog by George Washington Even Alan Greenspan is confirming what William Black, James Galbraith, Joseph Stiglitz, George Akerlof and many other economists [...]

 

DJ’s story from Nathan’s Economic Edge

07 Nov

This is a personal story from a blog we have been watching for a couple of years… Life told from the first person.  This is what is going on across the US, and if you are not there yet you are lucky but we are clear that this is where we are: Shattered Dreams – [...]

 

Bad Economics: NakedCapitalism on QEII, Bernanke and Geithner

07 Nov

Taking the deep dive – if you can track with Yves you can get this, if you can’t – you won’t. that simple. QE2: Bernanke Cuts Geithner Off at the Knees from naked capitalism by Yves Smith The Fed’s announcement of $600 billion of intermediate and long Treasury purchase, informally dubbed QE2, teed off a [...]

 

Bill Moyers: Welcome to the Plutocracy

07 Nov

Staring at the truth head on and directly in the face. Bill Moyers has an amazing way of hitting the nail on the head. Let us say simply that this is why many of us do not vote. Because it is a lie to pretend that the vote has any real power over the controllers…  [...]

 

Damon Vrabel on Max Keiser: Money as a Utility Vs. Money As a Private Wealth Capture System

06 Nov

Empires, fiat currency, collapse of the US dollar, understanding a money system where money is an asset to a very small group of people and a liability to everybody else – no one quite gets it  – how politcal camps are all disinformation on these first few presentations are designed to separate the money systems [...]

 

Call for Bernanke Impeachment

06 Nov

Well, we cannot say we disagree with this video – no, we cannot.

 

Volatility Blog: Note on the Banksters

05 Nov

Is anybody paying attention? Yes, Russ is paying attention: Volatility Blog Brings us: Note on the Banksters, the Land Dispensation, and the Rule of Law Russ @ 7:02 am . . It’s been a long, long time since the banks were used to dealing with the law, as opposed to “the law”, their own rigged law. [...]