Category Archives: Lending programs

Video: How to Fix the 2010 Depression

This video is a superb little summary. Directed by former newspaper editor and publisher Bill Still who produced the classic Money Masters, this short video puts together the quotations from a few key people.

Fed Refuses to disclose Recipients of $2 Trillion

The Federal Reserve refused a request by Bloomberg News to disclose the recipients of more than $2 trillion of emergency loans from US taxpayers and the assets the central bank is accepting as collateral.

Bloomberg filed suit Nov. 7 under the US Freedom of Information Act requesting details about the terms of 11 Fed lending programs, most created during the deeptest financial crises since the Great Depression.

The whole article is published by Bloomberg News here.

Our Purpose

This blog addresses the core issues of what’s labelled as the credit crisis.  It distinguishes between

  • economic language – knowing that economics has been created as a soft social science to camouflage what central banks and banks are doing – for private benefit rather than the public good
  • monetary language – knowing that the currency of a nation is being manipulated for the purpose of reaching the aim of world government via a single global currency (please google yourself instead of us providing the link) and a single central bank (the World Bank)
  • financial language – the statistics that accountants produce and numbers that people use to compare and measure developments over time.

Our online petition Stop the Cash Crumble to Equalize the Credit Crunch addresses the issue by asking the Treasury Select Committee to make an inquiry into the money supply.

This means establishing the share of the Cash that the Treasury generates and the Credit that banks create, especially with a view to long term effects regarding climate change.