Economic analysts on U.S. Federal Reserve not to taper stimulus @ CCTV America, 9/18/2013
Maricruz MaGowan, Vice-President at National Economists Club.
Nicholas S. Economides, Professor of Economics at NYU Stern
JPMorgan fined $920 million in 'London Whale' case. 9/19/2013
JPMorgan Chase agreed on Thursday to pay US and British regulators $920 million in fines over accusations that it misrepresented its financial results and insufficiently monitored the traders responsible for billions in losses in 2012.
5.3 magnitude earthquake near Fukushima nuclear plant
An earthquake measuring 5.3 on the Richter scale has been recorded near the crippled Fukushima nuclear plant. There are no reports of damage to destroyed facilities and no spike in radiation levels in the area.
The earthquake took place at 17:25 GMT, according to United States Geological Service (USGS) which measured the quake at 5.3. The Japan Meteorological Agency, however, put the quake at magnitude 5.8.
Stefan Molyneux reads and discusses the news of the day including the recent fine levied upon JP Morgan Chase and the latest shenanigans of the Federal Reserve. Whats the truth behind the stories? Let's find out...
9/19/13 - As the major implementation date for the Affordable Care Act approaches, conservatives are doing everything they can to prevent the law from coming to fruition. Naturally, this includes Rush Limbaugh, who used a new tack to argue against Obamacare on his radio show Thursday, along the way comparing it to slavery. Limbaugh's argument hinged on a term that's popular with Democrats who want to see Obamacare become a reality: "It's the law of the land." The host wondered "what else at one time was the 'law of the land?': Slavery!"
"Slavery used to be the law of the land," Limbaugh informed his audience, noting that the Supreme Court even once upheld it. From there, he listed other things that used to be the "law of the land" but are not relics of the past:
"Defense of Marriage Act."
"The speed limit used to be 55, now it's 70."
"Guns, Second Amendment."
"Laws against marijuana."
Limbaugh wanted to know why Democrats are allowed to get rid of "bad laws" they don't like but Republicans aren't. "Is that the only way they can defend this?" Limbaugh asked. "Is that the best they've got? 'It's the law of the land'?"
To QE Infinity and Beyond
On the Thursday, September 19 edition of the Alex Jones Show, Alex breaks down the fed's decision to continue their "QE infinity" $85 billion a month bond-buying scheme, despite numerous financial analysts predicting this will spell certain economic doom. Alex also dissects Obama's ludicrous claim that raising the debt ceiling "does not increase our debt." On today's show, Alex welcomes Dr. John Hall, a medical doctor from San Antonio, and the author of A New Breed: Satellite Terrorism in America. Dr. Hall has treated numerous patients who, not unlike alleged Navy Yard shooter Aaron Alexis, complained about hearing voices in their heads. We'll also take your calls on today's worldwide broadcast.
(Reuters) - The "London Whale" trading scandal, once dismissed as a "tempest in a teapot" by JPMorgan Chase & Co CEO Jamie Dimon, is costing the largest U.S. bank $920 million in penalties and a rare public admission of wrongdoing.
Settlements with four U.S. and British regulators, made public on Thursday, resolve the biggest civil probes of the bank's $6.2 billion of Whale derivatives trading losses last year. Criminal investigations are still under way.
Damascus would never again be inhabited but instead become a haunt of Jackals. Idk about anyone else but if ALL the men of war were to be cut off in a single day, how else would that be possible without the use of a nuke? If Iran stands firm with their declaration against Israel when we attack, I wouldn't be surprised if Israel launched a nuke against Damascus to show their Arab enemies how much power they have.
The Federal Reserve is what got JFK's head blown off when he attempted the United States Note, and now Thomas Jefferson's ominous warning is coming to pass: "I believe that banking institutions are more dangerous to our liberties than standing armies. If the American people ever allow private banks to control the issue of their currency, first by inflation, then by deflation, the banks and corporations that will grow up around [the banks] will deprive the people of all property until their children wake-up homeless on the continent their fathers conquered. The issuing power should be taken from the banks and restored to the people, to whom it properly belongs."
CUSTER COUNTY, Oklahoma -
People were forced to leave their homes late Wednesday night when a fire led to explosions at a plant in the town of Thomas in Custer County.
Someone called 911 just before midnight after hearing the blasts at the Danlin facility. The plant produces chemicals used in oilfield productions.
A News 9 photographer was on the scene quickly, and heard explosions and saw large flames and smoke shooting at least 100 feet into the air.
Multiple agencies in the area are assisting the Thomas Fire Department, but crews have decided to back off and let the fire burn itself out.
An employee for the Thomas Fire Department told News 9 that evacuations were ordered for the immediate area; about 10 families had to leave their homes.
There have been no reports of injuries. A representative for Danlin said the last employee left the plant between 6:30 p.m. and 7 p.m., hours before the fire.
The fire appears to have destroyed the facility and at least a dozen vehicles at the plant. It's not known yet what caused the fire and explosions.
My issue it what happens next. Useless idiots freaking out in the larger cities because their Obama Money is no longer available. Anarchy, Martial Law and then come the 'Barney Fifes' in their Homeland Security Humvees to try (TRY) at taking our guns and stored food away from us. The perfect storm is brewing now and I am astonished that even intelligent folks in my Church, my neighborhood and my clientele are all either too afraid to look into the forest, past the trees and into the shadows to stare at the Monsters we allowed to run our government. Fear? Maybe. Selfishness? I don't know. I do know this much and that is the fact that America is not too special to fail!
The Federal Reserve System (also known as the Federal Reserve, and informally as the Fed) has faced various criticisms since its inception. The system was established on December 23, 1913 as a third attempt at central banking in the United States. The Federal Reserve Act was considered to be the solution to the money trust even though elements of the system were conceived by Nelson Aldrich and banking executives.
Ryan Grim of the Huffington Post has argued that the Federal Reserve System "so thoroughly dominates the field of economics that real criticism of the central bank has become a career liability for members of the profession..." Grim quotes Wall Street analyst Joshua Rosner as saying: "The Fed has a lock on the economics world..... There is no room for other views, which I guess is why economists got it so wrong." Grim argues that the Federal Reserve System maintains some control over economists through such publications at the Journal of Monetary Economics where, he says, "more than half of the editorial board members are currently on the Fed payroll -- and the rest have been in the past."
Grim also writes that economist Milton Friedman had concerns "about the stifled nature of the debate" over economic policy. He wrote to a colleague that ".....having something like 500 economists is extremely unhealthy. As you say, it is not conducive to independent, objective research. You and I know there has been censorship of the material published. Equally important, the location of the economists in the Federal Reserve has had a significant influence on the kind of research they do, biasing that research toward noncontroversial technical papers on method as opposed to substantive papers on policy and results...."
Wall Street analyst Rosner wrote, according to Grim, "a strikingly prescient paper in 2001 arguing that relaxed lending standards and other factors would lead to a boom in housing prices over the next several years, but that the growth would be highly susceptible to an economic disruption because it was fundamentally unsound."
Economist Paul Krugman has been critical as well. In a 2007 interview with Pacifica Radio's Democracy Now!, in referring to Alan Greenspan, Krugman said: "I've been blackballed from the Fed summer conference at Jackson Hole, which I used to be a regular at, ever since I criticized him.... Nobody really wants to cross him." In 2007, Krugman also stated: "And two years ago, the conference was devoted to a field, new economic geography, that I invented, and I wasn't invited."
According to a Bloomberg poll taken in 2010, Americans across the political spectrum say the Fed shouldn't retain its current structure of independence. When asked if the central bank should be more accountable to Congress, left independent or abolished entirely, 39 percent said it should be held more accountable, 37 percent favor the status quo, and 16 percent that it should be abolished.
tax the feds and settle it once and for all. Print money without interest and then sue the fed into oblivion. This is getting insane. Wars are going on to keep the biggest fraud in history of mankind alive. Change that, and change that now ... it's possible ... dismantle the shadow gov and the world will recreate itself better than ever before ...
“once a standing army is established, in any country, the people lose their liberty.”
“Military men are dumb, stupid animals to be used as pawns for foreign policy.”
“If you are an ordinary person, then you can prepare yourself for war by moving to the countryside and building a farm, but you must take guns with you, as the hordes of starving will be roaming. Also, even though the elite will have their safe havens and specialist shelters, they must be just as careful during the war as the ordinary civilians, because their shelters can still be compromised.”
"We don't let them have ideas. Why would we let them have guns?" Joseph Stalin
The people who cast the votes decide nothing. The people who count the votes decide everything.
Governments keep a lot of secrets from their people . . .
Why aren't the people in return allowed to keep secrets
from the government?
PHILIP ZIMMERMAN, DER SPIEGEL
“Some call it Communism, I call it Judaism.”
Rabbi Stephen Weiss
“Anti-Communism is Anti-Semitism.”
Jewish Voice, July - August 1941
Taxing People is Punishing Success
There's the rich, the poor, and the tax payers...also known as the middle class. Robert Kiyosaki
The Tax you pay is The Bill for Staying Stupid
“The modern banking system manufactures money out of nothing. The process is, perhaps, the most astounding piece of sleight of hand that was ever invented. Banks can in fact inflate, mint and un-mint the modern ledger-entry currency.” Major L L B Angus
The few who understand the system will either be so interested in its profits or so dependent on its favours that there will be no opposition from that class, while on the other hand, the great body of the people mentally incapable of comprehending the tremendous advantage that capital derives from the system will bear its burdens without complaint and perhaps without even suspecting that the system is inimical to their interests.
The Rothschild Bros
"Debts must be collected, bonds and mortgages must be foreclosed as rapidly as possible. When, through a process of law, the common people lose their homes they will become more docile and more easily governed through the influence of the strong arm of government, applied by a central power of wealth under control of leading financiers.
This truth is well known among our principal men now engaged in forming an imperialism of Capital to govern the world.
By dividing the voters through the political party system, we can get them to expend their energies in fighting over questions of no importance. Thus by discreet action we can secure for ourselves what has been so well planned and so successfully accomplished."
USA Banker's Magazine, August 25 1924
Cutting Tax Rates stimulates Economic Growth creates more Profit , more Jobs and therefore The Treasury ends up with more Tax Money
Taxation is legalized Theft
"The Objective of the Bank is not the control of a conflict , it's the control of the debt that a conflict produces . The real value of a conflict , the true value is in the debt that it creates . You control the debt , you control everything . this is THE VERY ESSENCE OF THE BANKING INDUSTRY , to make us all , whether we be nations or individuals , SLAVES TO DEBT " An UNKNOWN Banker
Patriotism is the last refuge... to which the scoundrel clings .... Steal a little and they throw you in jail ..steal a lot and they make you king ....
"Corporations are stealing billions in tax breaks, while the confused, screwed citizenry turn on each other. International corporations have no national allegiance, they care only for profit." Robert Reich
There is NO political answer to a spiritual problem!
Political Correctness is a Political Stand Point that does not allow Political Opposition , This is actually The Definition of Dictatorship
The modern definition of racist is someone who is winning an argument with a liberal
When People lose everything and have nothing left to lose , They Lose It !
Your Greatest Teacher is Your Last Mistake
The one who Controls the Education System , Controls Perception UNKNOWN
"The world will not be destroyed by those who do evil, but by those who watch them without doing anything."
Albert EinsteinIn The Left Nothing is Right & in The Right nothing is Left
Freedom is not Free
Don't Steal The Government Hates The Competition
"Buy The Rumor , Sell The Fact " Peter Schiff
You can love your Country and not your Government
" The Government Works for ME , I do not answer to them They Answer to ME "
"Tyranny will Come to Your Door in a Uniform "
"The Government is not The Solution to our Problems , The Government is The Problem "
"The price good men pay for indifference to public affairs is to be ruled by evil men." Plato
The world is a tragedy to those that feel, and a comedy to those that think...Beppe Grillo
"The people should not fear the government for it is the government who should fear the people" UNKNOWN
"If You are looking for solutions to the world's problems , look in the Mirror , You Are The Solution , You have the power as a human being on this planet " UNKNOWN
"They don't control us , We empower them " UNKNOWN
"Serial Killers do on a Small Scale What Governments do on a large one..."
Serial Killer Richard Ramirez
"When the people fear their government, there is tyranny; when the government fears the people, there is liberty."
Schools manufacture people who think that they're smart but they're not.
Education is what you learn after you leave School
" Schools were designed to create employees for the big corporations."
"If a law is unjust, a man is not only right to disobey, he is obligated to do so" Thomas Jefferson
Dissent is the highest form of patriotism
“True education makes you feel stupid. It makes you realize you have so much more to learn.” Robert Kiyosaki
"One day your life will flash before your eyes. Make sure it's worth watching." - Gerard Way
"Aspire not to have More but to be More "
The losers in life think they have all the answers. They can’t learn because they’re too busy telling everyone what they know.
Robert T. Kiyosaki
"Failure is simply the opportunity to begin again. -This time more intelligently." Henry Ford
What You Own Owns You
If you expect the government to solve your problems, you have a problem. Robert Kiyosaki
"Those who give up their liberty for more security neither deserve liberty nor security." Benjamin Franklin
"None are more hopelessly enslaved than those who falsely believe they are free.” - Johann Wolfgang von Goethe
"Always trust someone who is seeking the truth , never trust someone who found it" Jordan Maxwell
Be The Change you want to see in The World
Failure inspires winners but defeats losers
“If you are planning for a year, sow rice; if you are planning for a decade, plant trees; if you are planning for a lifetime, educate people” A Chinese Proverb
"First they came for the Socialists, and I did not speak out--
Because I was not a Socialist.
Then they came for the Trade Unionists, and I did not speak out--
Because I was not a Trade Unionist.
Then they came for the Jews, and I did not speak out--
Because I was not a Jew.
Then they came for me--and there was no one left to speak for me." UNKNOWN
Let me tell you why you're here. You're here because you know something. What you know you can't explain, but you feel it. You've felt it your entire life, that there's something wrong with the world. You don't know what it is, but it's there, like a splinter in your mind, driving you mad. It is this feeling that has brought you to me. Do you know what I'm talking about?
Morpheus The Matrix 1999