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Rumors of FED Closure Sound Like Apocalypse to Media

Over the past months, a grim sense of foreboding has surfaced increasingly often in the media. Currently, the Apocalypse seems to be scheduled for 21.12.2012, the supposed expiration date for the franchise of the dollar-printing presses to the US Federal Reserve... I find it hard to overlook the fact that the Fed long deserves to be disbanded as punishment for gross violations of the US laws... End the Fed – in the interests of the US and the whole world...

Valentin KATASONOV | 02.10.2012


 

Quantitative Easing as Outrageous Corruption

The list of the recipients to whom the Federal Reserve dishes out money and the amounts in question arouse a lot of curiosity among the US policy-makers and general population, but the information is being carefully kept under wraps. New York City mayor Michael Bloomberg submitted to the Federal Reserve an inquiry concerning the lucky banks but it was turned down... Bloomberg, US congressmen, and others should realize, based on the case, who is the boss in the US, and the favorites of destiny will continue to rip the benefits of QE3 incognito. Likely, those are a cohort of recognizable “too big to fall” Wall Street banks. Anyhow, the third round of the global-scale scam is set in motion...

Valentin KATASONOV | 25.09.2012




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OUR COLUMNIST
    Valentin KATASONOV

Washington’s Banking Sanctions – Formal and Informal

...Since 1 April 2009, American financial regulators have fined European banks 32 times totalling nearly $25 billion... On 30 June 2014, the French bank BNP Paribas, which ranks fourth in the world in terms of assets and second in France, agreed to pay US authorities a record $9-billion fine. The bank’s management is charged with helping its Sudanese, Iranian and Cuban clients carry out dollar transactions banned by the US sanctions regime. In the coming months, giants of European banking like the German Kommerzbank and Deutsche Bank, French Credit Agricole and Societe Generale, and Italian Unicredit, among others, could also be subject to penalties...

30.07.2014
 
 
 
 
 
 
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