Economy

11 Things That Can Happen When You Allow Your Country To Become Enslaved By Bankers

11 Things That Can Happen When You Allow Your Country To Become Enslaved By Bankers

Michael Snyder, Contributor Activist Post Why are Greece, Spain, Italy, Portugal and so many other countries experiencing depression-like conditions right now? It is because they have too much debt. Why do they have too much debt? It is because they allowed themselves to become enslaved to the bankers. Borrowing money from the bankers can allow a […]

House passes Ron Paul’s ‘Audit the Fed’ bill

House passes Ron Paul’s ‘Audit the Fed’ bill

A bill introduced by Rep. Ron Paul (R-Texas) to audit America’s central bank, the Federal Reserve, passed the US House of Representatives overwhelmingly Wednesday afternoon by a 327-98 vote. Paul’s ongoing efforts to call for increased transparency in the Federal Reserve have become a hallmark of his tenure in Congress and of his current campaign […]

Nationwide austerity protests hit Spain

Nationwide austerity protests hit Spain

Hundreds of thousands of Spaniards have taken to the streets across the country to protest the latest batch of austerity measures. Public employees, trade union members and fed-up citizens marched in over 80 Spanish cities on Thursday. Demonstrators carried flags and banners decorated with scissors, symbolizing the country’s harsh spending cuts. The streets of Madrid […]

An Abundant World

An Abundant World

Do you remember the movie Spaceballs? There is a scene in which President Skroob, played by Mel Brooks, reaches into his desk drawer to open a can of clean “Perri-air” after assuring a news agency that “there is absolutely no air shortage whatsoever.” While it may seem ludicrous that there would ever be a scarcity of clean […]

The Federal Reserve Is Not Going To Save Us From The Great Depression That Is Coming

The Federal Reserve Is Not Going To Save Us From The Great Depression That Is Coming

Michael Snyder, Contributor Activist Post Federal Reserve Chairman Ben Bernanke delivered his annual address to Congress on Tuesday, and he did very little to give lawmakers much confidence about where the U.S. economy is heading. Bernanke told members of Congress that recent economic data points “suggest further weakness ahead” and that the Federal Reserve is projecting […]

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