The global coronavirus pandemic has accelerated several troubling trends already in force. Among them are exponential debt growth, rising dependency on government, and scaled-up central bank interventions into markets and the economy.
Central bankers now appear poised to embark on their biggest power play ever.
Federal Reserve Chairman Jerome Powell, in coordination with the European Central Bank and International Monetary Fund (IMF), is preparing to roll out central bank digital currencies.
The globalist IMF recently called for a new “Bretton Woods Moment” to address the loss of trillions of dollars in global economic output due to the coronavirus.
Read the article at ActivistPost.com...
By Betty Freauf
April 26, 2014
NewsWithViews.com
While a coalition of governments and brutal dictatorships known as the Group of 20 (G-20) is in the process of meeting in April to continue its push to empower the International Monetary Fund (IMF), Bundy was fighting the BLM in Nevada, the somnambulists were running in the Boston Marathon again and others met at a “pot festival” in Colorado on Easter weekend blowing smoke in the face of photographers. One participant wore a T-shirt: Drugs Are My Life. A recent Gallup survey found that 70 percent of respondents have “checked out” or are “actively disengaged” from their jobs. And that dear readers is exactly the goal of these evil proliferate despot world leaders including Barack Obama who want sleeping Americans and global one world government.
IT’S NOT ABOUT TAX CHEATS BUT EVIL WORLD LEADERS 
Obama and others met in Russia in 2013 to continue plotting while our lethargic pot smokers and others don’t have a clue. This G-20 coalition is doubling the resources it has while giving dictatorships such as China and other socialist regimes much more control over the institutions at the expense of the U.S. Government. A controversial IMF report released late last year, for instance, touts schemes to have big spending governments with out-of-control debts plunder humanity’s wealth using a mix of much higher taxes and outright confiscation. They have already literally looted the bank accounts of private individuals in Cyprus as a trial run at worldwide wealth confiscation and our savings, 401(k) and retirements are in danger. Citing a sample of 15 euro-area nations, the report claims that all households with positive net wealth – anyone with more assets than debt would have to surrender ten percent.
The 4/21/2014 NEW AMERICAN magazine shows a picture of what they call “Peas in a pod, or in suits” that met in Russia in 2013 to continue plotting. Soviet leader Putin and U.S. President Obama are seen laughing with other autocrats from the G-20 at how they are working with the Organization for Economic Cooperation and Development (OECD) to develop the worst tax law you’ve never heard about called the Foreign Account Tax Compliance Act (FATCA) passed in 2010 without any hearings or analysis. It was passed largely by Democrats and hidden in the misnamed “HIRE Act.” OECD is funded in large part by $100 million annually from the U.S. taxpayers.
NEW WORLD TAX REGIME CAN BE STOPPED (Read more…)
By Patrick J. Buchanan - 20 July 2012
Mitt Romney is today the beneficiary of some desperate counsel from alarmed Republicans on how to escape the snare in which he has found himself.
Democrats are charging that Mitt was still chairman and CEO of Bain Capital between 1999 and 2002, when the company was advising some of America’s premier outsourcers.
The facts are in dispute. But the evidence seems on the side of the Romney camp — that Mitt did not run Bain after he went off to fix the Salt Lake City Olympics. Yet the matter raises a larger question.
What has the Republican Party got against outsourcing?
Does not the party establishment preach the gospel of free trade?
Did not the Republican Party come to the rescue of NAFTA and GATT when Bill Clinton cried for help in fighting off the wicked protectionists?
Did not the GOP foreign and economic policy elite endorse entry into a World Trade Organization where we have no veto and one vote?
By CHQ Staff | 7/11/12
The Tea Party rebellion is about many things – Obamacare, the failure of the establishment Republican Party to deliver the conservative government it promised during the Bush years... But perhaps most importantly, it is a rebellion against the culture of privilege which now poisons American politics and business.
In the name of preventing a meltdown of the economy, politicians began picking winners and losers in the market and trillions of taxpayer dollars were spent to bailout banks, brokerage houses and automobile companies -- and to subsidize others to create “green” jobs or pursue other non-economic political goals.
As a result, the favored companies prospered, while those with less influence foundered and were acquired by those with better balance sheets, and better lobbyists.
SOURCE… Copyright © 2012 ConservativeHQ.com, Inc.
ConservativeHQ.com is the online news source for conservatives and Tea Partiers committed to bringing small-government constitutional conservatives to power.
Mike Brownfield May 15, 2012 at 8:55 am
The lingering headline on the front pages this week is that JP Morgan Chase suffered a massive loss on a hedging strategy, costing them $2 billion. That’s no small mistake, and it’s an example of how bad decisions in the free market can cost big money. But just because mistakes have consequences doesn’t mean that the mighty hand of government needs to step in to save us from ourselves. However, that’s what some on the left are now calling for.
The news of this blunder hit last week when JP Morgan CEO Jamie Dimon revealed that the bank took a $2 billion loss over the past six weeks in a strategy intended to hedge against risks to the bank’s assets that could come from market volatility caused by the Euro crisis. On Sunday’s Meet the Press, Dimon admitted, “In hindsight, we took far too much risk. The strategy we had was badly vetted. It was badly monitored. It should never have happened.”
The company is certainly paying the price in losses, as are those responsible for the bad decision making. The Los Angeles Times reports that the bank’s stock fell 12% since it disclosed the loss last week, the executive who oversaw the department responsible for the loss retired on Monday, and JP Morgan’s reputation as an extremely well managed bank has been damaged.
But does the flawed strategy and the resulting loss mean that Washington should step in with more regulation of Wall Street?
You'd think that the "nobody committed any crimes" crowd could muscle up some objection to this sort of bill, but it appears they haven't and won't.
