Tag Archives: American Ruling Class

Wells Fargo paying $541M over bad loan claims

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“Wells Fargo will pay a net $541 million to Fannie Mae to settle claims over defective home loans, completing the government-controlled mortgage company’s efforts to have banks buy back troubled loans made before the financial crisis.  Fannie Mae said on Monday it has reached settlements worth roughly $6.5 billion over loan buybacks with eight banks, including Wells Fargo, the nation’s largest mortgage lender and fourth-largest bank by assets. The settlements include a $3.6 billion accord in January with Bank of Americaover loans from that bank and the former Countrywide Financial. Fannie Mae Chief Executive Timothy Mayopoulos was once general counsel at Bank of America.”

http://www.cnbc.com/id/101301997

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Bullish on Yellen: A Very Good Article From Forbes

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“Yellen has a difficult job to do – to continue the failing stimulation of Western economies. But as we have written previously, she is a kind of sacrificial lamb, chosen because she is a ‘true believer.’ Long-term, Yellen will likely preside over at least the partial destruction of the system she has been named to lead.  But in the shorter term, the inflationary trend will continue and bubbles will grow larger. This is evidently the reason that Yellen has been elevated and this madness will not likely stop until there is a terrific equity blow-off.  Stay tuned.”

http://www.thedailybell.com/news-analysis/34924/Bullish-on-Yellen-A-Very-Good-Article-From-Forbes/

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Keiser Report: Let’s Encrypt the Internet! featuring Kim Dotcom

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“In this episode of the Keiser Report, Max Keiser and Stacy Herbert discuss the word ‘because,’ the humble conjunction which ‘exploded with new grammatical possibilities’ in 2013. So the news that the FBI and Department of Justice have ‘lost faith in the value of bitcoin,’ because concern trolling. And the news that the FBI has stopped enforcing the law and is, instead, ‘protecting national security,’ because MPAA. In the second half, Max interviews Kim Dotcom about Chris Dodd, the MPAA, Hollywood’s failed business model and an encrypted internet and crypto-currencies.”

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Janet Yellen, Most Powerful Sacrifice in the World?

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“While the mainstream media has indeed made a big deal about Yellen’s gender, it is surprising how little power she will really have.  She can continue the policies that have been set by Ben Bernanke and Alan Greenspan before him. The last person that really struck out on his own was ‘Tall’ Paul Volcker who allowed short rates to rise to nearly 20 percent in the early 1980s.  But even Volcker didn’t have that much of a choice. The people standing behind his regime – a bevy of concerned globalist bankers – believed that the best way to crush price inflation of the day was to wring it out with tight money.  He would have been fired or worse if he tried to do something else.”

http://www.thedailybell.com/news-analysis/34907/Janet-Yellen-Most-Powerful-Sacrifice-in-the-World/

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Janet Yellen confirmed as head of Federal Reserve

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“‘Janet was always a phenomenal teacher — partly because she worked very, very hard at it,’ said Haas professor David Levine, whom Yellen mentored, in an August interview with The Daily Californian. ‘She thought about literally every word she would say. As she has moved up in government, this level of thoughtfulness and reflection has always been increasingly important — and as a high official of the Federal Reserve system, where literally, the placement of a comma can move the markets.’  Yellen earned a reputation as a strong advocate for the Fed’s aggressive debt-purchasing program that intended to stimulate the economy and reduce uncomfortably high unemployment levels.”

http://www.dailycal.org/2014/01/06/janet-yellen-confirmed-head-federal-reserve-3/

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Congress still at near-record low approval rating

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“A Rasmussen Reports poll indicated just 8 percent of likely voters think Congress is doing a good or excellent job. Sixty-six percent rate its performance as poor.  Congress as an institution has long proved unpopular in opinion polls though voters tend to express more optimism when asked about their local congressman or senator, though Congress’ positive rating bottomed out at just 5 percent in December 2012.  Making matters worse, nearly seven in 10 Americans (69 percent) agreed with the statement no matter how bad things are, Congress can always find a way to make them worse. Seventeen percent of people disagreed with the statement and 14 percent had no opinion.”

http://www.upi.com/Top_News/US/2014/01/08/Congress-still-at-near-record-low-approval-rating/UPI-83661389214620/

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10 Signs The Global Elite Are Losing Control

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“The more the elite try to control humanity, the more entropy occurs. Entropy, for those who don’t know, is the lack of order or predictability; a gradual decline into disorder.
Although the elite still enjoy a huge wealth advantage over the masses, they are now resigned to behaving like tyrants to maintain control. This, in turn, exposes their dark side which has been cleverly concealed for ages. Not anymore. People are waking up in droves, at least as fast as the elite can build their full-spectrum prison matrix.  Let them try.  To paraphrase Victor Hugo, ‘No army can stop an idea whose time has come.’  Here are ten signs that the elite are losing control over the people.”

http://www.activistpost.com/2013/09/10-signs-global-elite-are-losing-control.html

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How Police Became a Standing Army

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“America has been transformed into a country where police conduct something on the order of 50,000 SWAT raids a year.  The trend towards police militarization did not begin in earnest until the 1960s, when law enforcement struggled with civil unrest and cracked down on the drugs associated with political dissidents and the counterculture. It also crept in subtly through ‘indirect militarization,’ when domestic law enforcement agencies ‘take on more and more characteristics of an army.’ That phenomenon can largely be traced to longtime Los Angeles Chief of Police Daryl Gates, who founded America’s first SWAT team.”

http://www.theamericanconservative.com/articles/how-police-became-a-standing-army/

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Ron Paul: Progress Toward Peace in 2013, But Dark Clouds Remain

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American Exceptionalism: Putin, the Neocons, and Ron Paul

“A US attack on Syria would have brought us one step closer to the neocons’ ultimate goal of an attack on Iran. The administration’s decision to step back from the brink with Syria has consequently opened the door to an historic US diplomatic engagement with Iran.  Yes, the neocons have suffered a number of defeats this year for which we have great reason to be thankful and optimistic. However, it would be foolish to believe that a couple of defeats will end their obsession with American exceptionalism, war, and the US global empire. Though the neocons have had several set-backs, they will continue their efforts. And there are some dark clouds on the horizon that we should closely watch.”

http://www.thedailybell.com/editorials/34859/Ron-Paul-Progress-Toward-Peace-in-2013-But-Dark-Clouds-Remain/

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Ron Paul: Iraq, The ‘Liberation’ Neocons Would Rather Forget

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“Remember Fallujah? Shortly after the 2003 invasion of Iraq, the US military fired on unarmed protestors, killing as many as 20 and wounding dozens. In retaliation, local Iraqis attacked a convoy of US military contractors, killing four. The US then launched a full attack on Fallujah to regain control, which left perhaps 700 Iraqis dead and the city virtually destroyed. According to press reports last weekend, Fallujah is now under the control of al-Qaeda affiliates. Although al-Qaeda was not in Iraq before the US invasion, it is now conducting its own surge in Anbar. For Iraq, the US ‘liberation’ is proving far worse than the authoritarianism of Saddam Hussein, and it keeps getting worse.”

http://www.thedailybell.com/editorials/34898/Ron-Paul-Iraq-The-Liberation-Neocons-Would-Rather-Forget/

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