The financial crisis in Greece should be a wakeup call for Americans, as there are some disturbing parallels between that European country and the US. If you haven’t heard, banks in Greece – closed off and on for several weeks ...
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Banks Closed, ATMs Out Of Cash: 5 Frightening Lessons America Can Learn From Greece’s Crisis
The nation of Greece is going through a financial nightmare that has important lessons for America. Indeed, Americans who want to see what happens when an economy collapses and money disappears should take a look at what is going on ...
Read More »The Underhanded Way Feds Are Closing Hundreds Of Gun Shops
Federal bureaucrats are pressuring banks and credit unions to close accounts for gun shops and other law-abiding businesses in an attempt to shut down those enterprises. That is the charge a US Congressman and others are making about a US ...
Read More »Why Is The Treasury Department Ordering Thousands Of Survival Kits?
A Department of Treasury agency that regulates and oversees America’s banks is ordering survival kits for its employees. The Office of the Comptroller of the Currency has asked suppliers for bids on the survival kits. A solicitation request makes it ...
Read More »IRS Seized This Grandmother’s Bank Account Because She Made ‘Suspicious’ (But Perfectly Legal) Deposits
The Internal Revenue Service has seized the bank accounts of hundreds of small business owners and private citizens even though those individuals have paid their taxes and committed no crime. The accounts were emptied without a hearing or criminal charges ...
Read More »The Sneaky Way Feds Are Closing Gun Stores
Gun sellers who have online transactions are being denied access to the banking system and credit card processing by the FDIC and the US Justice Department, according to the The Washington Times, which is alleging that banks are being pressured ...
Read More »Small Businesses Beat IRS And Get $200,000 Back In Seized Money
It is possible to fight the Internal Revenue Service and win, as several business owners have learned. The agency has decided to return more than $200,000 it had seized from three business owners in Michigan because of a federal judge’s ...
Read More »Financial Weapons Of Mass Destruction
QE Infinity has been successful in raising the stock market to highs, but has done little for the overall economy. Jobs are still in short supply or barely keeping pace with the new entrants. Inflation is more than creeping upward. ...
Read More »Precious Metal Manipulation
The volatile ups and downs in the market prices of precious metals read like a soap opera. It begins with the Federal Reserve—they confirmed they had every intention of continuing quantitative easing for the foreseeable future (to the point that ...
Read More »Do Bank Scandals Even Matter Now?
Call it the summer of the banking scandal. The PFGBest CEO embezzles $200 million in client funds and confesses it all before a botched suicide attempt. JP Morgan loses a couple of billion in bad trades, and Jaime Dimon has ...
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