Archives for: janet yellen
There is more debt, credit, and leverage today than there was preceding the banking crisis of 2008. No lessons were learned from that catastrophe as trillions of taxpayer dollars were provided in the form of bank bailouts from the U.S. Federal Reserve. Despite their name, U.S. Federal Reserve Banks are not part of the federal […]
Letter to President Trump: Audit and shutter the Federal Reserve!
by Mitch Feierstein about 6 years 6 days ago
The Federal Reserve is not part of the federal government and it is not a bank. The Federal Reserve Board is referred to as The Board of Governors and is located in the Marriner Eccles building in Washington DC. Seven governors are appointed for 14-year terms with the chairman and vice-chairman being appointed to serve […]
Systemic banking fraud means next crisis will be worse
by Mitch Feierstein about 6 years 1 week ago
Henry Paulson. Hank. Remember him? Of the crisis in 2008, he said: “Where I come from, if someone takes a risk and they’re going to make the profit from that risk, they shouldn’t have the taxpayer pay for the losses.” Quite the wisdom one expects from the 74th U.S. Secretary of the Treasury. Yet, as […]
Bureau of Labor Statistics: Understanding the swamp’s unemployment numbers
by Mitch Feierstein about 6 years 1 month ago
For the past few decades, Congress has failed to take responsibility for its bevy of problems, and its unshining example tends to corrupt all our other national institutions. I strongly see the need for a full and open inquiry into Hillary’s illegal server, Clinton’s leaking of top secret documents, the pay-to-play Clinton Foundation, the […]
Systemic banking fraud means next crisis will be worse
by Mitch Feierstein about 6 years 1 month ago
Remember him?: The risks have not gone away since Hank Paulson was US Treasury Secretary Henry Paulson. Hank. Remember him? Of the crisis in 2008, he said: “Where I come from, if someone takes a risk and they’re going to make the profit from that risk, they shouldn’t have the taxpayer pay for the losses.” […]
Why global central bankers’ great monetary experiment is about to explode. During the past eleven years, we have witnessed unprecedented manipulation of stock, bond, and property prices by global central banks. The inflation of these grotesque asset bubbles will not end well as indicators in the USA point towards an economic recession. For the past […]
How Central Bank Asset Bubbles and Currency Wars Destroy Emerging Markets
by Mitch Feierstein about 6 years 8 months ago
Has the out-of-control cabal of central banks inflated grotesque asset bubbles in global property, stock, and fixed-income markets? Or are we to believe traditional media’s “fake news” mantra of “it’s different this time?” Well, bad news, folks. It’s never different, not this time, not anytime, NEVER. Capitalism is being destroyed The US Federal Reserve, […]
It’s different this time, or is it? The US Federal Reserve, the Bank of England, and the European Central Bank have become gargantuan, out-of-control, rogue hedge funds. Global central banks have magicked-up hundreds of trillions of dollars in debt and guarantees. Global stock market valuations are stratospheric—buoyed by stock buybacks, funded by record corporate […]
Cashless Societies Signal Death To Democracy And Liberty
by Mitch Feierstein about 6 years 9 months ago
How Trump and The EU’s Demise Can Boost India’s Economy Trump’s presidency as well as the positions taken by Western liberal elites will provide India with a wonderful opportunity to grow and take its place as an economic powerhouse. The positions taken by liberal elites have resulted in a threat to Western democracy. Now, these […]
Too little reform, central bank risk and banking fraud – have we not learnt anything?
by Mitch Feierstein about 8 years 3 months ago
Henry Paulson. “Hank”. Remember him? Lean, balding, the flared nostrils of a man perpetually haunted by the memory of having to clean dog’s mess from the shoes of his neighbour’s children. Of the crisis in 2008, he said, “Where I come from, if someone takes a risk and they’re going to make the profit from […]