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Bitcoin hits record high, attracts attention of US lawmakers

Bitcoin was thought to be dead and dying after a series of attacks to the Tor network, and the shutdown of the site “Silk Road” a site where users could purchase anything illicit from drugs to fake passports.  But since then Bitcoin has surged to record highs, attracting the attention of the US Senate which […]

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EU votes to suspend Terrorist Finance Tracking Program (TFTP)

European politicians have voted for a suspension of an ongoing Terrorist Finance Tracking Program (TFTP), in light of recent revelations that the NSA has been spying on EU politicians, businesses, and individual citizens. The EU should suspend its Terrorist Finance Tracking Program (TFTP) agreement with the US in response to the US National Security Agency’s […]

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IMF considers imposing ‘one off’ wealth tax

Many in the US may be surprised how governments and institutions react in the long term to solve the global economic crisis.  Those in Asia and Europe may not be.  Simply, the economy is not producing enough to cover the losses.  If the US continue down this path, at some point in the future tax […]

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Chase Capital Controls

Yesterday we saw reports from Info Wars about a letter received from a Chase business banking customer limiting cash use per cycle to $50,000 and forbidding international wire payments.  On the surface the letter looked legit (after having received hundreds of such letters over the years) but was this customer in particular having some specific […]

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Chase Bank Limits Cash Withdrawals, Bans International Wire Transfers

Paul Joseph Watson Infowars.com October 16, 2013 Chase Bank has moved to limit cash withdrawals while banning business customers from sending international wire transfers from November 17 onwards, prompting speculation that the bank is preparing for a looming financial crisis in the United States. Numerous business customers with Chase BusinessSelect Checking and Chase BusinessClassic accounts […]

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An Empire of Money and Privilege in Decline: Portrait of a Tragic Policy Error

“Everybody, sooner or later, sits down to a banquet of consequences.” Robert Louis Stevenson “They don’t have intelligence. They have what I call thintelligence. They see the immediate situation. They think narrowly and they call it ‘being focused.’ They don’t see the surroundings. They don’t see the consequences.” Michael Crichton The Fed is faced with […]

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Larry Summers and the Secret “End-Game” Memo

When a little birdie dropped the End Game memo through my window, its content was so explosive, so sick and plain evil, I just couldn’t believe it. The Memo confirmed every conspiracy freak’s fantasy:  that in the late 1990s, the top US Treasury officials secretly conspired with a small cabal of banker big-shots to rip […]

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US Banks on Swiss: RIP

The Buffets and the Gates of the US will be shedding a few tears this week as the United States and Switzerland have reached an agreement that brings the status of the latter as a tax haven for Americans (or will they?). No more hiding their cash away in Swiss banks. No more tax avoidance […]

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