"With promises to 'drain the swamp!' still ringing in our ears, we have watched Trump appoint nothing but Goldman banksters, Soros stooges, neocon war hawks and police state zealots to head his cabinet. Join us this week on The Corbett Report as we examine the swamp-dwellers with which Trump has filled his swamp." Continue reading →
Developed-world governments are joining their developing-world counterparts in governing by surprise and openly placing their citizens' wealth at risk through anti-cash messaging and actions. Continue reading →
"What I’m about to tell you is a true story. And by the end of it, I hope it will be pretty clear that we’ve been programmed to put far, far too much trust in the banking system. As my story will show you, they act with a sanctimonious sense of self-entitlement… that it’s no longer YOUR money in the bank. It’s their money. And they’re going to do whatever they damn well please with it." Continue reading →
"When the European Central Bank introduced a negative interest rate on lenders’ deposits two years ago, few thought things would ever go this far. This week, a German cooperative savings bank in the Bavarian village of Gmund am Tegernsee — population 5,767 — said it’ll start charging retail customers to hold their cash. From September, for savings in excess of 100,000 euros (US$111,710), the community’s Raiffeisen bank will take back 0.4 per cent. Introducing the sub-zero policy in June 2014 with a cut to the deposit rate to minus 0.1 per cent, ECB President Mario Draghi said the move was 'for the banks, not for the people.'" Continue reading →
"When the European Central Bank introduced a negative interest rate on lenders’ deposits two years ago, few thought things would ever go this far. This week, a German cooperative savings bank in the Bavarian village of Gmund am Tegernsee — population 5,767 — said it’ll start charging retail customers to hold their cash. From September, for savings in excess of 100,000 euros (US$111,710), the community’s Raiffeisen bank will take back 0.4 per cent. Introducing the sub-zero policy in June 2014 with a cut to the deposit rate to minus 0.1 per cent, ECB President Mario Draghi said the move was 'for the banks, not for the people.'" Continue reading →
"When the European Central Bank introduced a negative interest rate on lenders’ deposits two years ago, few thought things would ever go this far. This week, a German cooperative savings bank in the Bavarian village of Gmund am Tegernsee — population 5,767 — said it’ll start charging retail customers to hold their cash. From September, for savings in excess of 100,000 euros (US$111,710), the community’s Raiffeisen bank will take back 0.4 per cent. Introducing the sub-zero policy in June 2014 with a cut to the deposit rate to minus 0.1 per cent, ECB President Mario Draghi said the move was 'for the banks, not for the people.'" Continue reading →
"When the European Central Bank introduced a negative interest rate on lenders’ deposits two years ago, few thought things would ever go this far. This week, a German cooperative savings bank in the Bavarian village of Gmund am Tegernsee — population 5,767 — said it’ll start charging retail customers to hold their cash. From September, for savings in excess of 100,000 euros (US$111,710), the community’s Raiffeisen bank will take back 0.4 per cent. Introducing the sub-zero policy in June 2014 with a cut to the deposit rate to minus 0.1 per cent, ECB President Mario Draghi said the move was 'for the banks, not for the people.'" Continue reading →
"When the European Central Bank introduced a negative interest rate on lenders’ deposits two years ago, few thought things would ever go this far. This week, a German cooperative savings bank in the Bavarian village of Gmund am Tegernsee — population 5,767 — said it’ll start charging retail customers to hold their cash. From September, for savings in excess of 100,000 euros (US$111,710), the community’s Raiffeisen bank will take back 0.4 per cent. Introducing the sub-zero policy in June 2014 with a cut to the deposit rate to minus 0.1 per cent, ECB President Mario Draghi said the move was 'for the banks, not for the people.'" Continue reading →
"That question -- unanswered since the 1970s, under an unusual blackout by the U.S. Treasury Department -- has come to the fore as Saudi Arabia is pressured by plunging oil prices and costly wars in the Middle East. As a matter of policy, the Treasury has never disclosed the holdings of Saudi Arabia, long a key ally in the volatile Middle East, and instead groups it with 14 other mostly OPEC nations including Kuwait, the United Arab Emirates and Nigeria. Apart from the kingdom itself, only a handful of Treasury officials, and those at the Federal Reserve who compile the data on their behalf, have a clear picture of Saudi Arabia’s U.S. debt holdings and whether they’re rising or falling." Continue reading →
"Historians of the 2011 NATO war in Libya will be sure to notice a few of the truly explosive confirmations contained in the new emails: admissions of rebel war crimes, special ops trainers inside Libya from nearly the start of protests, Al Qaeda embedded in the U.S. backed opposition, Western nations jockeying for access to Libyan oil, the nefarious origins of the absurd Viagra mass rape claim, and concern over Gaddafi’s gold and silver reserves threatening European currency." Continue reading →