Have nothing to do with the [evil] things that people do, things that belong to the darkness. Instead, bring them out to the light... [For] when all things are brought out into the light, then their true nature is clearly revealed...

-Ephesians 5:11-13

Tag Archives: Cartel

Yglesias, Brown: Free Money Will Solve Everything!

Day 3 Occupy Wall Street 2011 Shankbone 8

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Writing for the left-wing blog ThinkProgressMatthew Yglesias noted his difficulty in coming up with a suitable slogan representing what the “Occupy Wall Street” demonstrators really wanted. He explained:

My view is that the best demand of all…is “free money for the rest of us.” There are a lot of different specific ways this can be implemented, but the…Powers That Be…have been willing to provide all manner of free money to players in the banking system. Debt cancellation is a form of free money for the indebted. But why give free money only to banks? And why give free money only to the indebted? Why not free money for everyone? “Everyone,” of course, includes the indebted. But it also includes ordinary people who didn’t happen to avail themselves of the credit binge. It’s an idea so good that it sounds almost silly.

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County in Alabama is Bankrupt, Just Like the U.S.

Bribe

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At the very last minute, county commissioners in Jefferson County, home to the metropolis of Birmingham, Alabama, decided to postpone a final decision on whether or not to declare bankruptcy over their excessive indebtedness. The bonded indebtedness incurred to build a state-of-the-art sewage treatment plant exceeds $3 billion, far beyond what the county can afford to service. And raising sewer fees for a fourth time in ten years

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The Federal Reserve for Kids: Deceptive Q&A

Big Brother (David Graham) speaking to his aud...

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In 2006 the Federal Reserve decided it was time to begin to reach out and influence middle schoolers with the party line about the Fed, and launched the Federal Reserve Kids Page. Consisting of 10 harmless-appearing questions, either in English or Spanish, the Fed’s answers gloss over, and sometimes deliberately misstate, the correct answers:

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The Panic of 1893: Boosting Bankers’ Money and Power

Caption said: "MR. J. PIERPONT MORGAN, WH...

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Junius Morgan was, at best, a third-tier English banker in the 1850s, who was fortunate to have had a hand in a number of lucrative financings, mostly for industries seeking seasonal financing. His conservative nature was partly a cause of his lack of distinction. He’d inherited a substantial sum when his father died and was exceedingly careful when risking any part of it. One of the maxims Junius instilled into his son, John Pierpont Morgan, was, “Never under any circumstances do an action which could be called into question if known to the world.”

The two first-tier international banking families were the Baring Brothers and the Rothschilds. Barings financed the Louisiana Purchase and the French indemnity payment after Napoleon’s loss to the Duke of Wellington at Waterloo. So influential was Barings that the Duke of Richelieu commented:

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Bernanke Issues Warnings, Accepts No Blame

Ben Bernanke dollar

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Federal Reserve Chairman Ben Bernanke’s address to the National Press Club on Thursday was a remarkable blend of hubris, claimed innocence, and warnings.

His opening remarks were condescending and patronizing to the journalists assembled:

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Saving Thelma Diaz

Cover of "Broke: The Plan to Restore Our ...

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When 17-year-old Thelma Diaz showed up for work at Lolo’s Seafood restaurant on Tuesday morning, September 21, in Ascencion, Mexico, about an hour’s drive south of the New Mexico border, she had no idea that she would come close to losing her life.

Ascencion is known to be sleepy, dusty, hot, and dangerous. Since the first of the year, more than 40 people in that community have been kidnapped, with many of them being murdered and their bodies mutilated and displayed in public. It was a continual reminder that, for all intents and purposes, the Mexican drug cartels controlled the place.

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Bank Failures: 127 Down, 800 to Go

FDIC placard from when the deposit insurance l...

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When Zacks Equity Research announced on Monday the failure of two more banks in the current recession, the silence was deafening. The report blamed the usual suspects: “tumbling home prices, soaring loan defaults, and a high unemployment rate continue to take their toll on such institutions.”

But buried in the report was the much more ominous forecast of the “increasing … possibility of more bank failures.” Zacks said that any bank which makes the FDIC’s problem bank list is essentially doomed. “As of now, only 13 percent of banks on [that list] have actually failed.” The number on that list? 829, up from 775 in the last quarter.

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Many of the articles on Light from the Right first appeared on either The New American or the McAlvany Intelligence Advisor.