This category contains 547 posts

Junk food subsidy by the government cause for obesity?

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Every Cancer can be cured in WEEKS

Bankers Economy by J Kozy

William Cohan claims that “Banking has always been an elaborate confidence game. . . .” And the history of central banking provides ample evidence that his claim is true. Six decades ago, the U.S. Treasury wanted to shut down the Bank for International Settlements (BIS), saying it helped finance the Nazis during World War II. … Continue reading

Headlines just prior to the stock market crash of 1929

Stocks Soar As Bank Aid Ends Fear of Money Panic — New York Herald Tribune, March 28, 1929 Banker Says Boom Will Run Into 1930 — The World, March 30, 1929 September 1929 “There is no cause to worry. The high tide of prosperity will continue” – Andrew W. Mellon, Secretary of the Treasury (bank … Continue reading

Google boss faces new tax grilling

Google will face a fresh grilling over its tax affairs after the global corporation was recalled to give evidence to a parliamentary inquiry. Vice president Matt Brittin is due to appear before the Commons Public Accounts Committee just months after it last quizzed the firm about its low tax bill. It comes as the chairwoman … Continue reading

Bail in bail out

APRIL 30, 2013 by ELLEN BROWN http://www.counterpunch.org/2013/04/30/time-for-some-publicly-owned-banks/ “[W]ith Cyprus . . . the game itself changed. By raiding the depositors’ accounts, a major central bank has gone where they would not previously have dared. The Rubicon has been crossed.” —Eric Sprott, Shree Kargutkar, “Caveat Depositor” The crossing of the Rubicon into the confiscation of depositor … Continue reading

Fed Pushes Proposal To Force Big Banks To Help Cover Costs Of Regulation

WASHINGTON, April 15 (Reuters) – The Federal Reserve on Monday issued a proposal that would force big U.S. banks to pay an annual fee to help cover the cost of regulating them. Under the proposal, the Fed would look back and start the assessment for the 2012 calendar year, requiring about 70 financial firms to … Continue reading

Australia to Abandon the U.S. Dollar

April 11, 2013 • From theTrumpet.com Australia chooses a side in the global currency war. Australia’s announcement that it is abandoning the U.S. dollar for trade with China is the latest broadside in the global currency war. Starting April 10, Australia and China will no longer use the U.S. dollar for trade between the two … Continue reading

Hungary central bank deputy in protest resignation

The deputy governor of the Hungarian central bank, Julia Kiraly, has resigned in protest at changes to the way the bank operates. She said new governor Gyorgy Matolcsy’s changes could harm confidence. When Mr Matolcsy was appointed last month, he reshuffled support staff and cut the time given to council members to review policy decisions. … Continue reading



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