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Showing posts with the label US financial system

World Banking Crisis - The Money Masters - New World Order...

So why are we in this international economic crisis - it's no accident - it's been planned for some time. Meet the money masters... "The powers of financial capitalism had a far-reaching plan, nothing less than to create a world system of financial control in private ... all » hands able to dominate the political system of each country and the economy of the world as a whole...Their secret is that they have annexed from governments, monarchies, and republics the power to create the world's money..." THE MONEY MASTERS is a non-fiction, historical documentary that traces the origins of the political power structure that rules our nation and the world today. The modern political power structure has its roots in the hidden manipulation and accumulation of gold and other forms of money. The development of fractional reserve banking practices in the 17th century brought to a cunning sophistication the secret techniques initially used by goldsmiths fraudulently to accumu

Housing Market Crash - Domino Effect Across Our Economy...

Does the following sound fimilar?... " This is an extraordinary period...Over the past few weeks, many...have felt anxiety about their finances and their future. I understand their worry and their frustration . We've seen triple-digit swings in the stock market. Major financial institutions have teetered on the edge of collapse , and some have failed. As uncertainty has grown, many banks have restricted lending. Credit markets have frozen. And families and businesses have found it harder to borrow money. We're in the midst of a serious financial crisis ... First, how did our economy reach this point? For more than a decade, a massive amount of money flowed ...from investors abroad, because our country is an attractive and secure place to do business. This large influx of money to... banks and financial institutions -- along with low interest rates -- made it easier...to get credit. These developments allowed more families to borrow money for cars and homes... some for the

Bye, Bye American Pie - Capitalism & Russian Roulette...

OPINION: Unbridled capitalism outlived its communist rival for exactly 17 years... POLITICAL HISTORIES, with their clear before-and-after dates, are so much neater to write about than their rather more tortuous economic cousins. On December 21st, 1991, the representatives of all member republics of the Union of Soviet Socialist Republics, with the exception of Georgia, signed the Alma-Ata Protocol, dismembering the USSR. Just five days later, on St Stephen's Day 1991, the Supreme Soviet dissolved both itself and the country it had once ruled. One of the two great political and economic theories of the 20th century, Soviet communism, ceased to exist. The year 2008 will enter our history books as the year when the rival 20th century theory of unbridled capitalism passed away. As this demise is an economic one, we lack an equivalent before-and-after date. Perhaps historians with a sense of symmetry will select December 26th, 2008? Such a selection would allow us to write that unbridle