Home » Posts tagged with "Federal Reserve System"


Trump Trashes Federal Reserve: ‘Only Problem Our Economy Has’

Post Pic
The only problem with the U.S. economy is the Federal Reserve central bank, President Trump said Monday. “The only problem our economy has is the Fed. They don’t have a feel for the Market, they don’t understand necessary Trade Wars or Strong Dollars or even Democrat Shutdowns over Borders. The Fed is like a powerful golfer who can’t score because he has no touch – he can’t putt!” he... 

US Leading World Towards Global Economic Crisis - Ron Paul

Post Pic
Dr. Ron Paul: “Unless this system is changed, America, and the world, will soon experience a major economic crisis. It is time to finally audit, then end, the Fed.” Dr. Ron Paul, the former congressman and US presidential candidate, says unless the United States shuts down the Federal Reserve System – the US central bank known as “the Fed” – the world will experience a major... 

Blame the Fed, Not China for Market Crash - Ron Paul

Post Pic
Last week’s historic stock market crash was caused not by China, but by the US Federal Reserve, according to former US Congressman Ron Paul. In a column published on his website Sunday, Paul blamed the crash on flawed monetary policy from the Fed, and not on China’s recent currency devaluation, as many experts said. “The Federal Reserve’s inflationary policies distort the economy,... 

US and world are ruled not by parties, but clans

Post Pic
The US presidential elections are funded by a small group of people. They are an invisible force, which controls not only the American, but also global policy. These people make up two clans, that have their proteges both among the Republicans and among the Democrats. That is why Hillary Clinton does not like Obama, and Trump hates everyone. In 2012 a group of billionaires spent about 6 billion dollars... 

Texas sets its own gold-backed bank

Post Pic
Texas is going to launch its own gold-backed bank. The law on Texas Bullion Depository operation has been already signed by Governor Greg Abbott. Now the State representatives can trade, and make any operations in precious metals. The measure is a real challenge to the Federal Reserve System. About $1 billion of Texas gold will be repatriated from New York. “With the passage of this bill, the... 

US Senate Passes Budget Over 6X Larger Than Number of Galaxies in Universe

Post Pic
The $1.1 trillion spending bill approved by the Senate Saturday night is over six times larger than the estimated number of galaxies in the observable universe. $1.1 trillion is a little over a thousand billions and astronomers estimate there’s only around 170 billion galaxies in known existence, stretching nearly 14 billion light-years away in every direction. Additionally, one study estimates... 

Big banks take advantage of money laundering epidemic in US

Post Pic
The attorney general of the United States says the country’s largest banks may be too big to jail, but the former chief economist for the International Monetary Fund isn’t exactly convinced. Simon Johnson, the former top IMF economist and a current professor at the MIT Sloan School of Management, published a blistering editorial in Bloomberg News this week that makes an argument for imprisoning... 

Audit The Fed Attached As An Amendment

Post Pic
I was pleased last week when we won a vote in the Financial Services Committee to include language from the Audit the Fed bill HR1207 in the upcoming financial regulatory reform bill. As it stands now, if HR 3996 passes, because of this action, the Federal Reserve’s entire balance sheet will be opened up to a GAO audit. We will at last have a chance to find out what happened to the trillions of... 

Federal Reserve scam: Making money out of thin air

Screenshot
WASHINGTON — The Federal reserve sharply stepped up its efforts to bolster the economy on Wednesday, announcing that it would pump an extra $1 trillion into the financial system by purchasing Treasury bonds and mortgage securities. Having already reduced the key interest it controls nearly to zero, the central bank has increasingly turned to alternatives like buying securities as a way of getting... 
Copyright © 2009 The European Union Times – Breaking News, Latest News. All rights reserved.