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"The Federal Reserve Is A Ponzi Scheme"


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Thursday
Jul142011

Bloomberg's Jonathan Weil Rips Sheila Bair Over Bailout Lies: 'No Such Thing As Too Big To Fail'

Thursday
Jul142011

PHOTO - Donald Rumsfeld Groped By The TSA

Details inside.

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Thursday
Jul142011

Apple's Steve Wozniak Prints And Spends His Own $2 Bills, And Swears That The Secret Service Has Approved Them

Video - Woz's $2 Bill Note Pads - The Engadget Show

Woz discusses his bit of creative currency manipulation, and swears that his custom $2 bills can get you "arrested, but not convicted, and that they have been approved by the Secret Service on 3 different occasions."  

Anyone have any idea how this is possible and not considered counterfeiting?  He claims he has been spending them for 20 years in his hometown of Los Gatos, California.

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Thursday
Jul142011

CHART: Big Corporate Jobs 1964 Vs. 2011

Fifty years ago, the four most valuable U.S. companies employed an average of 430,000 people with an average market cap of $180 billion. This year, the four largest U.S. companies employ an average 120,000 people with an average market cap of $334 billion. The titans of 2011 have twice the the value of their 1964 counterparts with a quarter of the employees.

Chart is inside.

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Thursday
Jul142011

Matt Taibbi, Josh Rosner With Eliot Spitzer On Goldman Sachs Criminal Utopia: "A White Elephant, Flying Pigs And A Unicorn All At Once"

Just watch the last 3 minutes.  

Unless you work for Goldman, you'll be pleased by what you hear.

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Wednesday
Jul132011

Mainstream Media Gets Arrested: Newark Cop's Violent Reaction Caught On Tape When His 'Authority' Questioned

Cop:  "I can do whatever the hell I want."

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Wednesday
Jul132011

Sheila Bair Op-Ed Blames Bernanke, Geithner & Paulson, Another Wall Street Tax Loophole, Merrill Warns Of MAJOR Crisis In Italy, Murdoch Paid NO Taxes On $10B In Profits, Libertarians Call For Arrest Of TSA Agents (LINKS)

Wednesday
Jul132011

Mitt Romney - Net Worth Over $200 Million - Tells Unemployed People ‘I’m Also Unemployed’

Mittens Muttney is lucky he wasn't mugged at his Tampa campaign stop.

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Tuesday
Jul122011

Carl Seel: Lawmaker Responds To $100K Mortgage Principal Reduction By Dropping Legislation

Arizona Rep. Carl Seel was supposed to propose an amendment to hold lenders accountable in foreclosure situations, but at the last minute he didn't.  At the same time the principal on his mortgage was reduced by more than 50 percent.  Coincidence?  You decide.

Get more detail here...

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Links from around the web:

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Tuesday
Jul122011

Lawsuit Claims Banks Manipulated Libor Leading To Billions For JPMorgan, AG Deal With Banks Investigated, Moody's Fraud Warning Rocks Chinese Shares, $1.2M Mansion For $10K, Greece Default Now Seen As 'Inevitable' (LINKS)

Tuesday
Jul122011

Obama: Job Losses Prove That The Stimulus Worked

Video - Obankster on jobs and the failed stimulus from yesterday's press conference

The stimulus was a resounding joke, supporting politically important states at the expense of everyone else, and expanding the deficit.  $800 billion that accomplished nothing outside of burying your children under an even greater debt burden.  Allow me to repeat, we borrow 43 cents of every dollar Washington spends.  43 cents and nothing to show for it.

From the archives:

Transcript is inside.

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Tuesday
Jul122011

Obama Admits Massive Stimulus Was A Failure: "Shovel-Ready Was Not as Shovel-Ready as We Expected" (VIDEO)

Just 4 weeks ago, the Deficit President admitted the stimulus had failed.

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Tuesday
Jul122011

CHART: Energy Costs And Recessions 1973-2009

Details inside.

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Monday
Jul112011

MAKE THIS GO VIRAL - The Shocking Video That BP (And A Federal Judge) Don't Want Anyone To See - CEO Tony Hayward's Deposition

We stand in solidarity with online publication, The Daily.

Hayward can only remember the name of one of the 11 men killed in the BP blast.

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