Tag Archives : banking


15 Quotes From Our Founding Fathers About Economics, Capitalism And Banking

  Source: http://theeconomiccollapseblog.com By Michael Snyder 15 Quotes From Our Founding Fathers About Economics, Capitalism And Banking   Why have we turned our backs on the principles that this nation was founded upon?  Many of those that founded this nation bled and died so that we could experience “life, liberty and the pursuit of happiness”.  […]

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Beautiful Morning Winter View & Local Closings

  As the latest winter storm moved across my region yesterday afternoon people were heading home, stopping to pick up any last minute supplies en route, waiting to see what the reality would bring come morning after a day of ever changing weather forecasts.  Reality painted a beautiful winter landscape over night as shown below […]


Rise of the Libertarians, 10 reasons why Slate, Salon and the progressive media are afraid

  Source: http://www.againstcronycapitalism.org By Nick Sorrentino Rise of the Libertarians, 10 reasons why Slate, Salon and the progressive media are afraid     Attached is an extremely well done article which lays out why it is that today’s political establishment, especially the “progressives” are so afraid of libertarianism. Libertarianism is a logical evolution from statism. […]

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How Central Banks Cause Income Inequality

  Source: https://mises.org By Frank Hollenbeck How Central Banks Cause Income Inequality   The gap between the rich and poor continues to grow. The wealthiest 1 percent held 8 percent of the economic pie in 1975 but now hold over 20 percent. This is a striking change from the 1950s and 1960s when their share […]


Why Are Banking Executives In London Killing Themselves?

  Source: http://theeconomiccollapseblog.com By Michael Snyder Why Are Banking Executives In London Killing Themselves?   Bankers committing suicide by jumping from the rooftops of their own banks is something that we think of when we think of the Great Depression.  Well, it just happened in London, England.  A vice president at JPMorgan’s European headquarters in […]

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Paul Craig Roberts on the Dollar Demise and the Future of the Negative Interest Rate

  Paul Craig Roberts on the Dollar Demise and the Future of the Negative Interest Rate     Published by Boom Bust About: Where have all the banks gone? Well, according to statistics from the FDIC, banks are going the way of the dinosaur. We’ll tell you all about it. Also economist and former Assistant […]


Today’s crony economy is killing the middle class

  Source: http://www.againstcronycapitalism.org By Nick Sorrentino Today’s crony economy is killing the middle class   The only people who have seen their real incomes increase under this president have been the top 5% of earners. Those with large investment portfolios have seen their assets grow – or perhaps more accurately, have watched them inflate – […]

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“Bank of America stealing thousands of homes, and lying to the government about it.” (?)

Source: http://www.againstcronycapitalism.org By Nick Sorrentino   “Bank of America stealing thousands of homes, and lying to the government about it.” (?)     B of A allegedly abused the HAMP program which was created to help homeowners approaching foreclosure. The bank allegedly threw out the paperwork of applicants who had fulfilled their end of the […]


Secret tax-haven names released to public

Source: http://www.cbc.ca By CBC News  Posted: Jun 14, 2013 10:10 PM ET  |  Last Updated: Jun 14, 2013 11:44 PM ET Secret tax-haven names released to public Journalism group anticipates crowd-sourcing of leaked offshore list will yield revelations     A glimpse at an enormous trove of leaked records about secret companies and accounts is […]


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Mountain National Bank closed by the Office of the Comptroller of the Currency

As stated on Mountain National Banks’ website, “On Friday, June 7, 2013, Mountain National Bank, Sevierville, TN was closed by the Office of the Comptroller of the Currency. Subsequently, the Federal Deposit Insurance Corporation (FDIC) was named Receiver.” The Mountain National Bank site goes on to say “All deposit accounts, excluding certain brokered deposits, have […]