“Why does the U.S. debt ceiling need to be raised again; why, during fiscal-cliff negotiations, didn’t Congress simply raise taxes to pay for all planned spending?”
JBS CEO Art Thompson's weekly news video update for March 18 - 24, 2013.
Panic-stricken bank depositors in Cyprus emptied ATM machines across the nation after the surprise announcement Saturday that authorities would seize up to 10 percent of all savings deposited in Cypriot banks.
On March 12, the Missouri House of Representatives passed a resolution sponsored by Rep. Paul Curtman calling on Congress to audit the Federal Reserve.
Russia's presidency of the G20 is coinciding with some very disturbing plans to implement Soviet-style controls over the global economy
Russia's presidency of the G20 nations for 2013 has opened the way for a dangerous series of programs to advance the "convergence" agenda — the economic, political, and social merging of Russia and China with the West.
Global demand for gold hit a new record value level in 2012 and central banks around the world were gobbling up the precious metal at rates not seen in nearly 50 years, according to findings released by the World Gold Council this month. The industry council said that in value terms, gold demand in 2012 was over $235 billion — an all-time high — and fourth-quarter figures of more than $66 billion marked the highest Q4 total ever.
Unmentioned in media reports of the recently concluded G20 summit of finance ministers in Moscow is the fact that the meeting advanced the globalist program to destroy the dollar and transform the IMF into a global Federal Reserve with a global currency.
On Tuesday, Senator Rand Paul (R-Ky.) offered the Federal Reserve Transparency Act of 2013, also known as "Audit the Fed.” The bill would eliminate restrictions on Government Accountability Office (GAO) audits of the Federal Reserve. Additionally, the measure would give Congress oversight of the Fed's credit facilities, securities purchases, and quantitative easing activities.
As the Obama administration and Congress continue to rack up trillions of dollars in debt while the Federal Reserve conjures ever-greater sums of fiat currency into existence out of thin air, lawmakers in Texas have officially become the latest policymakers to openly explore the potential consequences. Legislation filed recently in the Lone Star State would, among other points, require a study on the effects of having to become partially or completely independent of the federal government in case Washington, D.C., is unable to function due to financial chaos.