This page contains useful information for the customers and vendors of these banks. This includes information on the acquiring bank (if applicable), how your accounts and loans are affected, and how vendors can file claims against the receivership.
I'm not an economist but it seems that the Fed is making a killing on our banking woes. The Fed is creating this "money" out of thin air and using it to buy US Treasury Notes and Bonds. The Treasury (i.e. US taxpayer) are on the hook for these securities plus interest.
So while it looks like the Fed is riding to our rescue, in fact it is doing a very brisk business. And the US is falling so far into "debt" that political independence is a thing of the past.
Satellite images taken at night show heavily Sunni Arab neighborhoods of Baghdad began emptying before a U.S. troop surge in 2007, graphic evidence of ethnic cleansing that preceded a drop in violence, according to a report published on Friday.
The images support the view of international refugee organizations and Iraq experts that a major population shift was a key factor in the decline in sectarian violence, particularly in the Iraqi capital, the epicenter of the bloodletting in which hundreds of thousands were killed.
Some council members and candidates say the delay by the D.C. Board of Elections and Ethics in offering a detailed analysis of how thousands of phantom votes appeared in early election results raises doubts about whether the board is prepared to handle November's general election, which is expected to draw a record number of voters to the polls. The primary brought out 13 percent of registered voters, or 42,421.
Vitamin C may help lower high blood pressure by calming an overactive central nervous system, new Italian research suggests.
Using intravenously delivered vitamin C, "our study demonstrated for the first time in humans that we can reduce sympathetic nervous system overactivity, and consequently blood pressure, (by) targeting oxidative stress," said study lead author Dr. Rosa Maria Bruno from the University of Pisa.
The chairman of the U.S. House Judiciary Committee, Rep. John Conyers', is calling on the John McCain campaign to "immediately halt Republican vote suppression efforts," as seen recently in Michigan --- where a county GOP chair announced his intention to use home foreclosure lists to challenge voter eligibility at the polls on Election Day --- and elsewhere.
As millions of people watched their 401(k) retirement plans rise and fall this week along with the stock markets, their fears reflect a sweeping revolution in how Americans save for retirement.
Whether it's disappearing work-based health care, the move from traditional pensions to 401(k)s, the push to privatize Social Security or just making it harder to file for personal bankruptcy, these and other social supports and safety nets that were designed to make Americans more secure have been watered down, abandoned or altered so that individuals bear a greater share of the risk and cost.
Chart 1 reveals the linear connection between the Rothschilds and the Bank of England, and the London banking houses which ultimately control the Federal Reserve Banks through their stockholdings of bank stock and their subsidiary firms in New York. The two principal Rothschild representatives in New York, J. P. Morgan Co., and Kuhn,Loeb & Co. were the firms which set up the Jekyll Island Conference at which the Federal Reserve Act was drafted, who directed the subsequent successful campaign to have the plan enacted into law by Congress, and who purchased the controlling amounts of stock in the Federal Reserve Bank of New York in 1914. These firms had their principal officers appointed to the Federal Reserve Board of Governors and the Federal Advisory Council in 1914. In 1914 a few families (blood or business related) owning controlling stock in existing banks (such as in New York City) caused those banks to purchase controlling shares in the Federal Reserve regional banks. Examination of the charts and text in the House Banking Committee Staff Report of August, 1976 and the current stockholders list of the 12 regional Federal Reserve Banks show this same family control.
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