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Credit Reporting Agencies Fined $23 Million For Practices

Credit Reporting Agencies Fined $23 Million For Practices

After a lengthy investigation, the Consumer Financial Protection Bureau reports that two of the three major credit reporting agencies have deceived consumers.
Both Equifax and Transunion were dinged for deceit and also for taking advantage of consumers. The agencies were fined over $23 million.

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Central Banksters Turn To Governments

Central Banksters Turn To Governments

​"Fiscal expansion can replace ineffective monetary policy at the zero lower bound," Sims said. "It requires deficits aimed at, and conditioned on, generating inflation. The deficits must be seen as financed by future inflation, not future taxes or spending cuts."

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New Warning About Clinton's Wall Street Cronies

New Warning About Clinton's Wall Street Cronies

It is the same players that we saw enabling reckless behavior in 1998: Citigroup, the Fed, and the Clinton-led Wall Street Democrats. And, as Jesse notes, here we are again, almost eighteen years later, watching the same short term, selfish characteristics by the big money banks putting the entire economy of productive individuals at risk again..

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European Banks Fail Stress Test, Now What?

European Banks Fail Stress Test, Now What?

​The broadest European bank stock index is now down 7% from the post-stress-test spike highs, Italian banks are at record lows and being halted (despite Renzi's promises), Commerzbank is struggling with capital raise chatter, and Deutsche Bank and Credit Suisse are tumbling after being booted from the Stoxx 50.

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New World Order Wants Centralized Bank

New World Order Wants Centralized Bank
​The amplified calls for total centralization and a "New World Order" go on and on, and I believe they are a blaring signal that something very ugly is about to happen.Consider this: Central banks will never gain public support for globally centralized policy or a global economic authority unless they are proven right and a crash does indeed take p...
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Royal Bank Of Scotland Losses £51.6 billion

Royal Bank Of Scotland Losses £51.6 billion

​Is it any wonder that its total losses since the financial crisis have reached £51.6 billion if its rainmakers have all been replaced by bunny-huggers with degrees in Sustainability and Caringness from the University of East Anglia who think capitalism is bad, m'kay?

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Puerto Rico's Secret Bailout Scheme

Puerto Rico's Secret Bailout Scheme
Rep. Rep. John Fleming (R-LA)86% says House leadership told members of the Natural Resources Committee "to remain silent, refrain from asking for a recorded vote, or leave the room when the time came for a vote regarding the upcoming Puerto Rico debt restructuring bill" during a meeting held last night.
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Operation Choke Point: The Government's Covert War on Small Business

Operation Choke Point: The Government's Covert War on Small Business

Banks are sending notices of account closure out to small businesses across the country, to clients they've done business with for years, even decades. The reason? They often don't provide one.

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