CofCC News More NewsIceland has arrested nine people in connection with a probe into why the banks collapsed. One director owed as much as $2.8 Billion to his own bank. From Jewish Chronicle… The Iranian Jewish property entrepreneurs Robert and Vincent Tchenguiz were among nine people arrested today in connection with the collapse of Icelandic banking giant Kaupthing. [...]
State Senator Bill Ketron of Tennessee believes the state should have an alternative currency in case the US monetary system collapses. Similar measures are under consideration in Virginia and South Carolina. Read the article and vote in a poll HERE. Sen. Ketron has also sponsored a bill outlawing Sharia law in Tennessee.
From BATR.org… The Patriot-Liberty movement has railed against the Federal Reserve for decades. Inexorably attached to the abolishment of the private banking monopoly, the entire political career of Ron Paul is an inspiration for any citizen who values liberty and defends the U.S. Constitution. The Federal Reserve is the Enemy of America. The central cause [...]
Chris Dodd and Barney Frank, two Democrats that played major roles in creating the mortgage crises, are at it again. They are trying to get a banking reform bill passed in the House. However, their bill exempts “minority owned” banks! Democrat imposed affirmative action banking caused the mortgage crises in the first place! From Investor’s [...]
From AFP China has raised its US government debt holdings to the highest level this year, according to US Treasury data published Tuesday. The Chinese government raised its US Treasury bond holdings to 900.2 billion dollars in April, its highest level since November 2009, the Treasury Department said in a monthly report on international capital [...]
As Glen Beck pointed out, you have America bailing out the larger European nations. The larger European nations are bailing out the smaller nations. All while China and others are bailing out the US. 1) To help cover the $1 Trillion European bailout, the Federal Reserve is “loaning” $54 Billion to Europe. To “loan” this [...]
From CofCC.org Staff Just because new legislation went into effect last month to clamp down on credit cards, don’t expect your problems to be over. Let me give you an example. I have an HSBC credit card. HSBC advertises that you can pay your bill online. Last month my bill was due on the 4th [...]
From Yahoo News… Feb. 2 (Bloomberg) — China said a meeting between the Dalai Lama and President Barack Obama would set back ties with the U.S. that have soured in recent weeks over censorship of Google Inc., climate change and arms sales to Taiwan. Such a step would “seriously undermine the political foundation of Sino-U.S. [...]
US foreign lending would be a “ponzi scheme” if done in the private sector.
