Category Archives: Economy & Money

Vatican Calls for ‘Central World Bank’ to Be Set Up

By: Reuters

The Vatican called on Monday for the establishment of a “global public authority” and a “central world bank” to rule over financial institutions that have become outdated and often ineffective in dealing fairly with crises. A major document from the Vatican’s Justice and Peace department should be music to the ears of the “Occupy Wall Street” demonstrators and similar movements around the world who have protested against the economic downturn.
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Federal Reserve Propaganda From The 1920’s

Over the years, the Federal Reserve System has used many methods to communicate about the role it plays in support of stable prices, full employment, and financial stability. Current communication tools include the new press conferences by the Chairman, speeches by Bank presidents, public websites, economic education programs, local outreach efforts, and publications.
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Occupy George: A Message From The 99%

There’s something going on with Occupy Wall Street—good, bad, monumental, anarchy, I don’t know—but there is a clear disparity between the 1% and the 99% and the voice of the 99% is slowly ringing louder. Here’s one way to get the 1% to pay even more attention: taint their money. Occupy George is a movement that hopes to print and stamp infographics that highlight the economic disparity in the US and then circulate that money around the world. The point being they could ignore and muzzle the Occupy Wall Street movement but the 1% can’t ignore the money. Here are some pictures of the ‘Occupy George‘ dollars:
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7 U.S. Cities On The Verge Of Bankruptcy

By Mike Tirone

The harsh economic climate is changing. The time has come when citizens and companies aren’t the only ones being forced to file for bankruptcy… Major cities are among the ranks of those in dire straits. On Wednesday, Pennsylvania’s capital city Harrisburg opted for the rarely used Chapter 9 of the U.S. bankruptcy code.
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14 Facts That Might Scare You

Will the bad financial news ever stop?  A lot of people in the financial world were hoping for a much better fourth quarter after an absolutely disastrous third quarter.  Well, if Monday was any indication, October could end up being a really rough month for global financial markets. Read the rest of this entry

Financial Crisis Split Up Eurozone

The economic crisis in the eurozone is heating up world politics on the eve of G20 meeting. The financial crisis in Europe is getting critical day by day and threatening to drag the world economy into yet another massive depression. In such a situation, the European nation heads are at a loss to find a solution that is acceptable to all.
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Canada’s Experiment: A Town With Guaranteed Income

By VIVIAN BELIK
The Dominion

Try to imagine a town where the government paid each of the residents a living income, regardless of who they were and what they did, and a Soviet hamlet in the early 1980s may come to mind.
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Utah Monetary Declaration – Breaking Away From The Feds

As you may know, the state of Utah passed a Legal Tender Act earlier this year authorizing the use of federally minted gold and silver coins as money in the state of Utah. Now, legislators in other states, many of whom attended the Monetary Summit, are evaluating similar legislation.
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Home Built Out of Two Shipping Containers

We all know the economy is in bad shape, foreclosures everywhere, people with no jobs and the bad part of all of this; is that it’s only going to get worse! Now Here is the home that was built out of two shipping containers.. It was cheap, eco-friendly and very efficient to build.. This is a pretty cool idea, I wouldn’t mind making a shed in by backyard using this method. So here is the start to finish in photos:
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25 Signs That The Financial World Is Panicking

We all know our government is preparing for a major economic collapse and our banks are only making the problem worse! It’s funny how you give the banks your money and they charge you for their services and they make money off of you! What’s wrong with that picture? Forget about the dollar; here are 25 signs that show the financial world is about to hit the big red panic button:
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5 Reasons Why American Riots Will Be The Worst In The World

America is in deep denial about the state of the economy and of our future.. This way of life is not going to last much longer! Riots are spreading across the globe and they still have to show up in the states. The problem is that we are living in a complete police state and the riots in the U.S will be way worse than anywhere else in the world! Read the five reasons below:
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The Death Of The Middle Class

We all know that the ‘recession’ was nothing but a diversion to give the government more time before the ‘real’ collapse happened.. Our government has piled up so much it’s insane! They are systematically trying to wipe out the middle-class in America.. It’s only going to be the super rich and the super poor.. We can already see that happening, lots of foreclosures, not enough jobs to go around and the death of the Dollar.. Below is a list of 40 facts that prove the ‘working-class’ is being systematically wiped out as we speak…
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7 Reasons Why America Needs A ‘Good Depression’ Now..

Or Face A ‘Great Depression’ Later

The writers at Market-Watch are extremely wrong when it comes to this ‘Good Depression’.. We already experienced a Recession and they state we need to experience a “Good Depression” now before it can get any better.. How about no depression!! But don’t forget we have to pay interest on every dollar that is borrowed.. Our government never disclosed who the recipients of the Bail-Out money was.. Read the rest of this entry

Trading Gold and Silver Will Be illegal on July 15

Our government knows that a currency collapse is ahead so they decided to make trading precious metals illegal for all citizens in the United States! Below is a Forex interpretation of Section 742(a) of the Dodd-Frank act which “prohibits any person [which again includes companies] from entering into, or offering to enter into, a transaction in any commodity with a person that is not an eligible contract participant or an eligible commercial entity, on a leveraged or margined basis.” This story is still developing but check out this link for the information that was provided below and more breaking news about this Illegal ‘trading’ of Gold and Silver.. The Federal Reserve is scared and so is the government! Buy it now before you won’t be able to..
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10 Signs of an Upcoming Economic Meltdown

Did you think the ‘recession’ was bad?! Trust me that was only the beginning of a gloomy future for the United States and the global economy.. The dollar is crashing, wall-street is scared and the government is trying to cover-up everything it can… People need to wake up! Remember when the government said the recession would be over in within two years? Well that was a big lie; it’s only getting worse and there is nothing that we can do! Start buying Gold and Silver, Stock up on Food and Supplies and get out of America while you still can! Things have to get way worse before they can get any better.. Read the rest of this entry