Why the sun will still rise without the Federal Reserve system
By Eric Blair
Now that Ron Paul is officially testing the 2012 presidential waters, a hot topic will surely be “Ending the Fed.” What used to be seen as a fringe issue may now result in intelligent discussions about how do we end the Fed.
Monetary reform is so vital that it may be precisely what propels Paul into the White House, assuming he gets in all the debates, on all of the ballots, and has an army of computer forensic experts to appeal shady voting machines — which are inevitable challenges in our so-called democracy.
$37.8 Billion Borrowed From Treasury To Fund Unemployment; CA, MI, NY Worst
By Tyler Durdin
“In 2009, the State of North Dakota does not have any funding issues at all. We, in fact, are dealing with the largest surplus we’ve ever had.” Eric Hardmeyer, president of the state-owned Bank of North Dakota.
Courtesy of Economic Policy Journal we now know that the majority of American states are currently insolvent, and that the US Treasury has been conducting a shadow bailout of at least 32 US states. Over 60% of Americans receiving state unemployment benefits are getting these directly from the US government, as 32 states have now borrowed $37.8 billion from Uncle Sam to fund unemployment insurance.
By Press TV
Financial crisis in the US is entering its third year, but recent studies show that many of the country’s cities and rescued banks are facing bankruptcy while the rich keep getting richer. Interview with Max Keiser, a financial journalist; Wayne Madsen, an investigative journalist; and Dr. Roger von Hanwehr, managing director of Arcxeon International.
Government Sachs: Formerly at Goldman Sachs and later appointed to the US Treasury: Steve Shafran, Kendrick Wilson, Henry Paulson, Edward Forst; the men who crashed the world's economy.
In Ireland, protesters held up these signs (many more can be found at The Daily Bail):
Posted in Economy Economics
Tagged bankster gambling debts, banksters, banksters debts, corpogov, fiat currency, finance collapse, goldman sachs, Ireland, obama, ron paul, the fed