Wednesday, December 31, 2008

Fractional reserve banking

Bag the Fed!
Despite its name, the Federal Reserve System is not owned by the federal government. It is actually a private company of bankers with 12 branches or central banks that expand and contract our money supply as they have doing for nearly 100 years.
Source: onlinejournal.com

Only determined optimists think housing market has hit bottom
Banks are supposed to say No sometimes writes Tracy Corrigan.
Source: www.telegraph.co.uk

Trillions
The breakneck speed of the broken economy. Are we going nowhere fast? a=1;b=a;if(b==1)document.write(" "); a=1;b=a;if(b==1)document.write(" ");
Source: www.gtweekly.com

The Federal Reserve Abolition Act
On June 15, 2007, Ron Paul introduced HR 2755: Federal Reserve Abolition Act. There were no co-sponsors, no further action was taken, and the legislation was referred to the House Committee on Financial Services and effectively pigeonholed and ignored.
Source: www.baltimorechronicle.com

Niall Ferguson's 'The Ascent of Money,' Michael Lewis's 'Panic'
In two new books, a historian and a journalist disagree about the high-stakes gamble that has left our financial system busted.
Source: www.statesman.com

Gold Friendly Deflation is Here - Get Used to It! Part III
This is the third in a series of five articles relating to current trends of deflation and how it relates to gold. Today we look at the stated commitment of Fed Chairman Ben Bernanke to print as much money as needed and distribute it by helicopter if need by to avoid deflation.
Source: www.kitco.com

Bag the Fed!
Despite its name, the Federal Reserve System is not owned by the federal government. It is actually a private company of bankers with 12 branches or central banks that expand and contract our money supply as they have doing for nearly 100 years.
Source: onlinejournal.com

Only determined optimists think housing market has hit bottom
Banks are supposed to say No sometimes writes Tracy Corrigan.
Source: www.telegraph.co.uk

Trillions
The breakneck speed of the broken economy. Are we going nowhere fast? a=1;b=a;if(b==1)document.write(" "); a=1;b=a;if(b==1)document.write(" ");
Source: www.gtweekly.com

The Federal Reserve Abolition Act
On June 15, 2007, Ron Paul introduced HR 2755: Federal Reserve Abolition Act. There were no co-sponsors, no further action was taken, and the legislation was referred to the House Committee on Financial Services and effectively pigeonholed and ignored.
Source: www.baltimorechronicle.com

Niall Ferguson's 'The Ascent of Money,' Michael Lewis's 'Panic'
In two new books, a historian and a journalist disagree about the high-stakes gamble that has left our financial system busted.
Source: www.statesman.com

Gold Friendly Deflation is Here - Get Used to It! Part III
This is the third in a series of five articles relating to current trends of deflation and how it relates to gold. Today we look at the stated commitment of Fed Chairman Ben Bernanke to print as much money as needed and distribute it by helicopter if need by to avoid deflation.
Source: www.kitco.com

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