‘A proposal to audit the Federal Reserve failed to pass in the US Senate. The bill, proposed by Kentucky Republican Rand Paul, was opposed by the Democrats, the White House, and the business lobby. The procedural motion on the bill required 60 votes to pass, but managed to get only 53. “Both Republicans and Democrats […]
The post Senate shoots down ‘audit the Fed’ proposal appeared first on David Icke.
‘The GOP just committed financial suicide for America, approving a 2,000 page, $1.1 trillion spending bill that gives away everything and adds hundreds of billions of dollars to the national debt. With the debt already approaching $20 trillion, America is rapidly accelerating toward its own inevitable financial collapse as irresponsible government spending vastly outpaces government […]
The post GOP just committed financial suicide for America … $1.1 trillion spending bill is final blowout of a fiscally insane empire built on debt appeared first on David Icke.
‘There has only been one thing keeping our economy afloat since the crash of 2008. That is, cheap money provided by the Federal Reserve. Everything from stocks to bonds and even real estate, have been pumped up by the Fed’s limitless money supply. And the Fed isn’t alone. Central banks all over the world have […]
The post Fed Raises Interest Rates For The First Time In A Decade appeared first on David Icke.
A great many insightful commentators have made the case for why the Fed shouldn’t raise rates this month–or indeed, any other month. The basic idea is that the Fed blew it by waiting until the economy is weakening to raise…
‘The 7th largest economy on the entire planet, Brazil, has been gripped by a horrifying recession, as has much of the rest of South America. But it isn’t just South America that is experiencing a very serious economic downturn. We have just learned that Japan (the third largest economy in the world) has lapsed into […]
The post The U.S. Dollar Has Already Caused A Global Recession And Now The Fed Is Going To Make It Worse appeared first on David Icke.
‘If there’s one thing that the Federal Reserve of Counterfeiting hates – it’s allowing the American people to see what they’re doing. They don’t like letting the plebs have a look in at how they create money for old rope (printing money out of thin air and then lending to the US gov’t at compound […]
The post NO WAY: Did Congress Just Do Something Right With the Fed? FORM Act Requires Transparency appeared first on David Icke.
One result of the global dependence on central bank interventions is a unhealthy fixation on the slightest changes in those interventions, oops I meant policies. Since the slightest pull-back in central bank inflation of asset bubbles could spell doom for the…
‘Federal Reserve Chair Janet Yellen is stressing the need to review the unconventional monetary policies that central banks around the world deployed in response to the 2008 global financial crisis. She said Thursday that the post-crisis period offers policymakers an opportunity toassess the effectiveness of the tools and better understand the impact of new regulation. […]
The post Federal Reserve Admits It Has No Idea What It’s Doing appeared first on David Icke.
The all-powerful Federal Reserve is a mere minion of the stock market, a kitten absurdly claiming in public to be a tiger. If the market threatens to drop, the Fed quickly prostrates itself and does the bidding of its Lord…
We live in an era of illusion: the illusion of understanding, and the illusion of control. Few institutions reflect these illusions better than the Federal Reserve, though the Pentagon, Congress, the Imperial Presidency, the sick-care cartel and the higher education…
Why is wealth/income inequality soaring? The easy answer is of course the infinite greed of Wall Street fat-cats and the politicos they buy/own. But greed can’t be the only factor, for greed is hardly unknown in the bottom 90%. The…
‘After the president of the United States, the most powerful person on the planet is the chairman of the Federal Reserve. Ask almost anyone on the street for the name of the U.S. president, and you’ll get a quick answer. But if you ask the same person what the Federal Reserve is, you’ll likely get […]
The post The Fed’s Alice In Wonderland Economy – What Happens Next? appeared first on David Icke.
‘Imagine your doctor put you on a daily dose of oxycontin, phenobarbital and Quaaludes for six years straight. Then he suddenly cancelled your prescription. Do you think your behavior might become a bit erratic? This is what’s going on with the stock market. It’s trying to shake off six years of overmedication brought on by […]
The post Markets Gone Mad: Shaking Off Six Years of the Fed’s Zero Rates and Liquidity Injections appeared first on David Icke.
The parlor game of the moment is laying odds on the Federal Reserve’s decision to raise rates, leave rates unchanged, or (gasp!) hint at future stimulus. There are certainly a multitude of inputs to the Fed’s decision, and a variety…
Correspondent Bart D. recently speculated that the U.S. stock market was now “too big to fail,” that is, that it was too integral to the global financial system and economy to be allowed to fail, i.e. decline 40+% as in…