DEFICIT SPENDING IS (HIDDEN) PROFIT FOR THE FED
VATICAN CITY/MILAN, March 19 (Reuters) - JP Morgan Chase is closing the Vatican bank's account with an Italian branch of the U.S. banking giant because of concerns about a lack of transparency at the Holy See's financial institution, Italian newspapers reported.
The Katrina debacle was a warm-up act. So was the mortgage fraud with its 30 million foreclosures and resultant homelessness. So is the lifetime indebtedness of young people seeking a college degree.
The nations of the world are increasingly recognizing the authority of international law. We now have the World Bank, the World Trade Organization, the World Health Organization and the World Court just to name a few. We have a World Court to adjudicate the international laws of the emerging world government. –Irvin Baxter
Much has been written of the New World Order, the CFR, the Illuminati, the Trilateralists, the Bilderbergs, etc. If such organized bodies exist for a specific objective, as Carroll Quigley would have us believe, a profuse amount of money, such as via a printing press, would definitely be a useful tool to promote their agenda.
Today, most American students don’t even understand what a central bank is, much less that the battle over central banks is one of the most important themes in U.S. history.
While the 99% suffered hardship, a new study shows that the Fed propped up buddies in the banking industry and a vast shadow banking system far beyond what anyone has guessed.
Top officials willfully concealed the true extent of the 2008-'09 bailouts from Congress and the public.
You know, when I tell people that what we are experiencing is not a new depression or giant recession, but instead the largest transfer of wealth to the ¼% elite, they nod their head in disbelief and quietly think that man is off his rocker.
- Here’s a gift to Occupy Wall Street protesters around the world: you now have scholarly proof that banks control the world.