JPMorgan Chase & Co. is expected to
receive an order from regulators to bolster anti-money
laundering systems and examine past transactions, the Wall
Street Journal reported, citing people familiar with the matter.
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Money, Banking, the Federal Reserve, the coming Economic Collapse and the next Great Depression!
Curated by
Gary Yarus
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Scooped by Gary Yarus onto The Reporter from Jekyll Island |
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While Alchemists have long dreamed of turning base metals into Gold, The owners of the Private Bank known as The Federal Reserve have achieved the ultimate magic trick of turning mere paper into gold. G. Edward Griffin, Author of The Creature from Jekyll Island exposes the fraud that is the FED, with a dire warning that the economic policies of the Federal Reserve Cartel will result in the total economic destruction of the American people who are being legally plundered by our collective illusion that the FED is a legitimate Government Agency. Why did I name my magzaine "The Reporter from Jekyll Island"? I do not live on Jekyll Island. I have never even visited Jekyll Island which is off the coastline of Georgia. The name of this magazine is a play on the title of the masterful book by G. Edward Griffin called 'The Creature from Jekyll Island'. I read the book early on, but am re-reading the 5th edition now. The creature in the title is the Federal Reserve. Your comments/suggestions are welcomed at gyarus@me.com. Delete the scoop?
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Getty Images Video: How the government is recalculating the GDP to propagandize Americans Economic Collapse News The latest Gross Domestic Product number revealed unexpected weakness in the economy by the government and mainstream economists, so... Delete the scoop?
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If it wasn’t for the federal government, United States companies would produce items that could sicken, wound or even kill American consumers, according to Massachusetts Democratic Senator Elizabeth Warren.
In prepared remarks Thursday regarding the nomination of Richard Cordray to head the Consumer Financial Protection Bureau (CFPB), which were first reported on Politico, Warren stated that the only way the U.S. has succeeded has been through government intervention and regulation.
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RICHMOND, Va. - A display case in the lobby of the Federal Reserve Bank here might express humility. The case holds a 99.9 percent pure gold bar weighing 401.75 troy ounces. Delete the scoop?
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the dangers of america's strategy vacuum and the related penchant for short-termism have been mounting for some time. Delete the scoop?
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Banking is a highly regulated beast. Shadow banking, not so much. Delete the scoop?
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If you really care about economic justice, you should be aware of one of the worst (and least discussed) corporate welfare schemes in history. Below is a simple outline of the modern-day process:
1. The Federal Reserve prints money.
2. The Federal Reserve loans out this money to the biggest banks well below all consumer interest rates (currently at 0 percent).
3. Savings rates drop. (Banks don't want to pay your for your money when they can get money at 0 percent interest from the Fed.)
The banks invest this money however they see fit. In a practically risk-free scenario, they invest the money in treasury bonds (a loan to the government), which currently pay slightly more than 3 percent per year. At this point, the money is injected into the economy. Since the supply of money has risen, inflation occurs. Delete the scoop?
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Since the founding of the nation, the press was intended to be the unofficial fourth branch of the United States government. Members of the media were expected to keep a close eye on public officia... Delete the scoop?
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When an independent analysis of JPMorgan Chase exposed “serious flaws” in the company’s home loans, it did what Wall Street does best, hid the evidence. Delete the scoop?
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The Congressional Budget Office released a new report Tuesday that projected the federal debt will be $7 trillion larger in the next 10 years, the cost of Social Security, Medicare and Medicaid wil... Delete the scoop?
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The Federal Reserve is supporting and maintaining a system of finance capitalism that by the ‘rules’ of capitalism should have disappeared in 2008. Wall Street, with its outposts now circling the globe, claims its ‘due’ under the premise its system of savage capitalism—permanent displacement of labor, evisceration of restrictions on activities businesses can and cannot engage in, planet-wide shifting of business costs from capital to unaffiliated citizenries, effective takeover of governments and the systematic ‘harvesting’ of constituent value from institutions built in social contexts from social resources, now asks that the rules it has put forth not be applied to it. And the Federal Reserve is the central entity keeping this system alive and intact as a permanent ward of its victims: we, the people.
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The Illuminati were amateurs. The second huge financial scandal of the year reveals the real international conspiracy: There's no price the big banks can't fix Delete the scoop?
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New York Times Delete the scoop?
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The Market Oracle Delete the scoop?
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Apparently paying higher gas prices, more for groceries, and higher taxes is not giving consumers very much confidence in the economy as the UMich Consumer Sentiment index dropped to the lowest point in February since December 2011. Clearly Americans are worried about an economic collapse, as they should be.
The Wall Street Journal is reporting that consumer prices increased by the most in February in four years with gas prices being the main factor. They say this is “temporary” inflation though. That’s doubtful since there are no signs of the Fed letting up with its aggressive money printing. Delete the scoop?
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The Federal Reserve sent a record $88.4 billion in profits to the U.S. Treasury last year, audited results showed on Friday, a big payday for the government thanks to the central bank's massive bond purchases. Delete the scoop?
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The True Cost of the Current U.S. Federal Reserve Easy Money Stance :: The Market Oracle :: Financial Markets Analysis & Forecasting Free Website Delete the scoop?
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Slate Magazine (blog) Yellen: Keep Interest Rates Low Slate Magazine (blog) Janet Yellen is both vice chair of the Federal Reserve and widely considered to be the most likely successor to Ben Bernanke, so when she speaks as she did this morning at... Delete the scoop?
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The Federal Reserve is persisting in its conquest of bailing out Europe as it has given $237 billion to foreign banks in the past month. The data can be found in weekly Federal Reserve reports. It ...
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Will oil soon be traded in a currency that is thousands of years old? What would a gold for oil system mean for the petrodollar and the U.S. economy? Are Delete the scoop?
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How can anyone not see that the U.S. economy is collapsing all around us? It just astounds me when people try to tell me that everything is just fine and Delete the scoop?
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In this three-minute interview, Iceland’s President Olafur Ragnar Grimson explains that their recovery from the economic crisis was based on actions that went against the orthodox prescriptions–Let the banks fail, introduce currency controls, provide support for the poor, don’t push austerity measures. Why are banks the “holy churches of the economy?” Via jean lievens 
Crystal Arnold's curator insight,
February 11, 10:06 PM
Let us watch the experiment in Iceland, I see the leaders in a model that creates prosperity for the citizens and not profits for big banksters. May they shine the light on what is possible in a new type of economy! Delete the scoop?
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On Dec. 31, the total debt of the U.S. government was $16.4327 trillion and then-Treasury Secretary Tim Geithner announced that the government had hit what was then the legal debt limit. Last week, however, Congress enacted a law to suspend the federal government debt limit until May 18, 2013, and allow the administration to resume increasing the debt. Delete the scoop?
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Representative Bob Marshall's (R) announced recentlythat he is proposing legislation for a third time to study the creation of an "alternate" Virginia state currency of gold and silver coins as part of a growing trend in the United States. Some 16 states in the union already have passed legislation, or are in the process of doing so, that would create a state currency. This development spreads as concerns and fears grow that the Federal Reserve System may fail, either through hyperinflation, a calling in of U.S. debt by another country, or through some other failure, causing the U.S. monetary system to collapse. Via jean lievens 
Marilee Ritchie Hird's comment,
February 9, 10:40 AM
It seems to me that this kind of move would simply push the Fereral Reserve over the edge, causing what they claim to fear.
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