Peter Schiff: Our economy. Get ready.

These are excerpts from Peter Schiff’s talk that you can read in their entirety here.   The video of Schiff with Jon Stewart embedded in the article is an excellent summary of his whole talk which is off the cuff and a bit scattered. Here are the excerpts.   Read, understand, and get ready. “So, the problem, and the [...]

Some Ask but the Fed won’t tell

Even when the occassional Representative asks, the privately held and controlled Federal Reserve won’t tell.   Watch this:    testimony      There is no Congressional oversight over this Creature from Jekyll Island.

Who’s getting the money?

“So why is no one asking questions about why most of the funds are going to the former employers of our Treasury secretaries? Perhaps because many of the entities who should ask “why” are also CFR corporate members. Among the financial press, the CFR counts among its members Bloomberg, General Electric (NBC, CNBC, MSNBC), News Corporation (Fox, Fox Business), Standard and Poor’s, ABC News, Time Warner (CNN, Time magazine, etc.), Moody’s, and McGraw Hill (book publishers).”

Bonuses are bad, but where did the billions go?

The focus on AIG surrounds bonus money paid with public funds.  Lost in this discussion is the even more outrageous revelation that 10s of billions of public money are going in the front door at AIG, and then straight out the back door to banks that have already received TARP I money.   ”The Wall Street Journal reported on [...]