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By Bob Chapman, January 25th, 2012.
We announced our belief a few weeks ago that the Fed loan to the ECB could with fractional banking be $10 trillion. This past week we found that Credit Suisse shares our ideas as well. We believe that what this move by the Fed and the ECB is telling us that this is probably it. We also ask again how can the banks in the LTRP repay the funds in a timely manner? No plan has been presented before or since, there is no plan. Again, just throw money at the problem. The only player really capable of saving Europe is Germany and they would destroy themselves in the process. Everyone should have seen this coming but no one did except a handful of insiders. The resultant use of funds since the ECB distribution is hardly even mentioned in the media. It is a big dark secret. Will Germany want to rescue France or will France want to be rescued? We say it depends in part who the next president of France is in May. Based on current polls the socialists lead, but it is a very tight race. If Sarkozy loses in the primaries it will then depend on whether the conservatives throw their vote to Marine Le Pen and FN, something the conservatives have never done before. One thing is for sure if either the Socialist or the FN win the euro is history and perhaps the EU as well. We watched this years ago when the conservatives threw almost all their votes to the Socialists. This time it could be different. As in Germany more than 50% of French voters want an end to the euro, but the ...
January 6th, 2012:
American Free Press called this new book “an amazing encyclopedia” and “the final word on some of the biggest conspiracies in American history,” and I can tell you that I recommend it very highly. Florida talk-show host Bobby Lee said, “The Introduction alone is worth the price of the book.”
July 13th, 2011:
How Wall Street Fleeces AmericaThe 1913 Federal Reserve Act let powerful bankers usurp money creation authority in violation of the Constitution's Article I, Section 8, giving only Congress the power to "coin Money (and) regulate the Value thereof...." Thereafter, powerful bankers used their control over money, credit and debt for private self-enrichment, bankrolling and colluding with Congress and administrations to implement laws favoring them.
How Wall Street Fleeces America
The 1913 Federal Reserve Act let powerful bankers usurp money creation authority in violation of the Constitution's Article I, Section 8, giving only Congress the power to "coin Money (and) regulate the Value thereof...." Thereafter, powerful bankers used their control over money, credit and debt for private self-enrichment, bankrolling and colluding with Congress and administrations to implement laws favoring them.
November 24th, 2010:
As a reader of The International Forecaster you already know the U.S. Dollar is in trouble. In fact irresponsible politicians, dependence on foreign creditors, metastasizing debt, and the Federal Reserve’s monetary malpractice guarantee a dollar calamity! I want you to read THE DOLLAR MELTDOWN, a brand new book by my friend Charles Goyette.
The Dollar Meltdown: Surviving the Impending Currency Crisis with Gold, Oil, and Other Unconventional Investments
August 19th, 2010:
Breaking the Demopublican Monopoly --2004 publication.
August 19th, 2010:
Barbarians Inside the Gates: The Viper's Venom
August 19th, 2010:
A Guide Book of United States Coins 2011: The Official Red Book
August 19th, 2010:
Brotherhood of Darkness
August 19th, 2010:
The Creature from Jekyll Island: A Second Look at the Federal Reserve |