JERUSALEM: Some 13,000 Palestinian structures in the West Bank are currently under Israeli demolition orders, leaving residents and homes “in a state of chronic uncertainty and threat”, the UN said on Monday.
Saudis proposed Saudi Arabia and Russia divide the oil market between them. For now Russians stayed cool
Igor Sechin, the powerful head of Rosneft, Russia’s big state oil company, has now confirmed that OPEC – the Saudi dominated oil producers’ cartel – has offered Russia membership. . . . For the moment the Russians are saying no. Possibly the real reason is that the Russians are at present expanding aggressively into the Chinese energy market from which they have just ousted the Saudis as the biggest oil supplier.
The Federal Reserve is a leviathan that overshadows the world economy, dominating it, controlling the flow of money, affecting all our lives.
The Federal Reserve Act was passed in 1913 in reaction to the bank runs, bankruptcies and financial chaos caused by the Panic of 1907. The stated purpose of the Act was to create a stable monetary system to bring financial stability to the United States and prevent such economic crises as the Panic of 1907 from occurring again. Sixteen years after the passage of the Act, under the Federal Reserve's watch, the nation experienced the worst financial collapse in our history and descended into our deepest and darkest depression–the Great Depression–a crisis far worse than the Panic of 1907 by orders of magnitude.
24. July 15th, 2015: Santa Cruz County votes to stop doing business with 5 major banks, including JP Morgan Chase, Barclays, Citigroup, Royal Bank of Scotland and UBS. Watch this set off a chain reaction in those who will follow suit.
Thomas H Greco says: This is an excellent video—clear, concise and accurate.
The new film ‘A Flaw in the Monetary System?’ depicts in 7 ½ minutes consequences of interest and compound interest in the financial world in descriptive graphics. It illustrates the systematic redistribution of money from the majority to the wealthy.