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"Trump is staging a fierce comeback… Hillary Clinton's post-convention lead in the polls has nearly disappeared. Prominent pollster Rasmussen Reports now has Trump leading Clinton 40% to 39%. Trump also has a 3% lead (45% to Hillary's 42%) in the Los Angeles Times poll. And Hillary's edge in the polls in which she's still leading has narrowed sharply. There'll be more back-and-forth momentum swings in the horse race to come, but these new polls show one thing: The odds of a Trump presidency shot higher this week. And that means the odds of a Fed interest rate hike before Election Day got lower… The fix is in… Look, Janet Yellen isn't going to do anything to jeopardize a Clinton presidency. They're both card-carrying Deep Staters. They're both liberals who served under Obama. They both dress the same: Mao chic. And most of all, Yellen wants to keep her job when her term expires in February 2018. She's a lock to stay on in a Clinton administration. But it won't happen in Trump's. He's already told TheWall Street Journal that he wouldn't keep Yellen as Fed chair. I don't see how Yellen can raise rates between now and Election Day… if Trump can win. If she did, it would tank the stock market, nail the economy and give Trump the White House. When the Fed raised rates in December 2015, the stock market plunged, with the Dow dropping more than 1,300 points in the month following. A plunging market would wipe out trillions in paper wealth and slam the economy into recession."

"Donald Trump has a plan for dealing with the stock market bubble. Make it bigger. Before the election candidate Trump blasted Federal Reserve chairman Janet Yellen for keeping interest rates too low for too long to keep the economy humming along while Obama was still in office. The president elect accused Yellen of being politically motivated suggesting that the Fed's policies had put the country at risk of another stock market Crash like 2008. "If rates go up, you're going to see something that's not pretty," Trump told Fox News in an interview in September. "It's all a big bubble." Yellen of course denied Trump's claims saying, "We do not discuss politics at our meetings, and we do not take politics into account in our decisions." As we shall see later in this article, Yellen was lying about the political role the Fed plays in setting policy, in fact, last week's FOMC statement clearly establishes the Fed as basically a political institution that implements an agenda that serves a very small group of powerful constituents, the 1 percent. If serving the interests of one group over all of the others is not politics, than what is it? The problem we have with Trump is not his critique of the market or the Fed. The problem is his remedy which can be sussed out by reviewing his economic plan. Trump wants to slash personal and corporate taxes in order to put more money into the economy to increase business investment, boost hiring, and rev up growth. Regrettably, his tax plan achieves none of these. First of all, slashing taxes for the wealthy does not boost growth. We know that. It doesn't work. Period."

From the horse's mouth, what has always been obvious. 

Bend over and grab your ankles. The rats nest of Clinton operatives in Washington DC is far deeper than anyone ever imagined. "FBI Director James Comey has a long history of involvement in Department of Justice actions that arguably ended up favorable to the Clintons. In 2004, Comey, then serving as a deputy attorney general in the Justice Department, apparently limited the scope of the criminal investigation of Sandy Berger, which left out former Clinton administration officials who may have coordinated with Berger in his removal and destruction of classified records from the National Archives. The documents were relevant to accusations that the Clinton administration was negligent in the build-up to the 9/11 terrorist attack. On Tuesday, Comey announced that despite evidence of "extreme negligence by Hillary Clinton and her top aides regarding the handling of classified information through a private email server, the FBI would not refer criminal charges to Attorney General Loretta Lynch and the Justice Department. Curiously, Berger, Lynch and Cheryl Mills all worked as partners in the Washington law firm Hogan & Hartson, which prepared tax returns for the Clintons and did patent work for a software firm that played a role in the private email server Hillary Clinton used when she was secretary of state. Lynch and Comey both served as U.S. attorney for the Southern District of New York. They crossed paths in the investigation of HSBC bank, which avoided criminal charges in a massive money-laundering scandal for which the bank paid a $1.9 billion fine. After Attorney General John Aschroft recused himself in the Valerie Plame affair in 2004, Comey appointed as special counsel Patrick J. Fitzgerald, who ended up convicting "Scooter" Libby, a top aide to then Vice President Dick Cheney, of perjury and obstruction of justice. The charge affirmed the accusations of Plame and her former ambassador husband, Joe Wilson - both partisan supporters of Bill and

The "ethical" situation is far worse than described. Attorney disciplinary rules require that a lawyer, including all lawyers in the same firm, owe a lifetime duty of loyalty to a client, a duty that does not end with representation in a particular matter. Accordingly, Lynch had what the disciplinary rules refer to as an "actual conflict of interest" between her duties of loyalty to both Hillary and the U.S. government that required her withdrawal from representing either in the decision whether to prosecute Hillary. Saying that she would rubber stamp what Comey recommended was not the required withdrawal. Comey is an investigator, not a prosecutor. This was a situation for appointment of a special counsel to represent the Department of Justice in the decision whether to prosecute, not satisfied by rubber stamping Comey's recomendation,.

At the invitation of the New York Federal Reserve Bank, Robert Wenzel spoke and had lunch in the bank's Liberty Room.  he had some very shocking things to say.  Right between the eyes kind of things.  Like ending the Federal reserve.  Incredible.  He took right to the the belly of the beast.

Gresham provides us with a history of the Fed in charts. Relly cool charts!  Gresham's conclusion? - "the Fed has degenerated from a by and large passive institution (dealing only in high-quality self-liquidating commercial paper and gold) to an active pursuant of junk, an enabler of wars, a 'benevolent' combatant of the depressions of its own creation, a central planner of employment & prices and of course a forgiving friend to inconvenient market follies."   The Fed's Assets from 1915 to 2012 - Hover & Click to View Each Time Period…

excerpt: The National Restaurant Association has joined a lawsuit challenging the Federal Reserve's final rule on debit card swipe fees, arguing that the Fed did not follow congressional intent to issue regulations that would ensure debit card swipe fees for merchants are "reasonable and proportional" to the cost of processing debit-card transactions. The suit is intended to lower the rates by improving the Fed's rule - not by stopping its implementation. As a result of the Fed's favorable ruling to the big banks and card companies, Visa and MasterCard announced they would raise swipe fees to the Fed's cap on small-ticket transactions ($15 or less). This move hurts small businesses with heavy small-ticket volume, such as the nation's quick-service restaurants. "While the Federal Reserve's rule significantly brought down debit swipe fees for many merchants, some small businesses will pay higher fees on smaller ticket transactions - evidence that the Fed provided card networks like Visa and MasterCard too much latitude to increase rates well above a reasonable and proportional level," said Scott DeFife, executive vice president of policy and government affairs for the National Restaurant Association, in a press release. "Allowing higher fees on small-ticket bills was not the intent of Congress, and the Federal Reserve must reconcile this failure to comply with the law as intended."

Excellent discussion of where the Republican Party stands in relationship to the destruction of the dollar and new interest in linking the dollar to GOLD.  Good stuff.  Personally i'm in the Ron Paul camp, hook, line and sinker. excerpt: "In the ferment within today's Republican Party, the gold standard has become almost the centrist position. On the left would be those who favor a system of discretionary activism in which brilliant technocrats, such as Ben Bernanke at the Fed, use their judgment in setting interest rates. A bit to their right would be advocates of a rule, such as John Taylor's rule linking interest rates to various conditions, or one that requires the Fed to target the price of gold but stops short of defining the dollar in terms of specie. In the center would be advocates of a classical gold standard, in which a dollar is defined as a fixed amount of gold. These include, among others, Mr. Lehrman, James Grant of Grant's Interest Rate Observer, publisher Steve Forbes, economist Judy Shelton, and Sean Fieler of the American Principles Project. A bit further to the right would be partisans of the Austrian school of economics, including Rep. Paul. He advocates less for a gold standard than for an idea of Friedrich Hayek, the Nobel laureate who came to favor what he called the denationalization of money and a system centered on private coinage and currency that would compete with government-issued money. Further right are purists such as the radical constitutionalist Edwin Vieira Jr., who would simply price things in weights of gold or silver. A good bit of overlap exists among the camps, but Congress has come alive to all points on this spectrum. Rep. Kevin Brady, a Texas Republican who is vice chairman of the Joint Economic Committee, is seeking to pass the Sound Dollar Act, which would end the Fed's mandate to keep unemployment down, instead having the central bank focus only on stable prices. Rep. Paul is pressing the Free Competition in Curr

Excellent summary of how deep the hole the Federal Reserve has dug for Americans.  Walks us from the 2008 crisis to the Levy Economics Institute $29.616 Trillion Bankster Bailout.  Incredibly well written commentary. excerpt: Bernanke argues we should look only at the lending at a peak instant of time. Think about it this way. A half dozen drunken sailors are at the bar, and the bartender refills their shot glasses with whiskey each time a drink is taken. At any instant, the bar-keep has committed only six ounces of booze. That is a useful measure of whiskey outstanding. But it is not useful for telling us how much the drunks drank. Bernanke would like us to believe that if the Fed newly lent a trillion bucks every day for 3 years to all our drunken bankers that we should total that as only a trillion greenbacks committed. Yes, that provides some useful information but it does not really measure the necessary intervention by the Fed into financial markets to save Wall Street. And that leads to the final way to measure the Fed's commitments to propping up our drunks on Wall Street: add up every single damned loan, guarantee and asset purchase the Fed made to benefit banks, banksters, real Housewives on Wall Street, fraudsters, and their cousins, aunts and uncles. This gives us the cumulative Fed commitments. The final important consideration is to separate "normal" Fed actions from the "extraordinary" or "emergency" interventions undertaken because of the crisis. That is easier than it sounds. After the crisis began, the Fed created a large alphabet soup of special facilities designed to deal with the crisis. We can thus take each facility and calculate the three measures of the Fed's commitments for each, then sum up for all the special facilities. And that is precisely what Nicola Matthews and James Felkerson have done. They are PhD students at the University of Missouri-Kansas City, working on a Ford Foundation grant under my direction, titl

History of Banksters.  How the Rothschilds and Rockefellers control the world using War and Financial Crisis.

Stunning stuff.  No need to bailout the European Banks because the Federal Reserve has already done that!!! The Levi Institute of Economics has published the details of the Federal Reserve's International Bankster bailout from late 2007 to 2009.  It's far more than the $16.2 Trillion the GAO audit uncovered in July of 2010.  It's far more than the $7.77 Trillion Bloomberg discovered in their Freedom of Information action against the Federal Reserve.  Researching the "recipients" of the USA Federal reserve Bankster largess, the Levi Institute documents a whopping $29 Trillion has been distributed to Bankster coffers at near zero percent interest.   Note that no debt, and no loans of any kind has been purchased, retired, restructured or otherwise dealt with.  The bad loans remain on the books, including crushing interest payments that continue to escalate and accrue.  Debtors continue to fall deeper into debt.  Foreclosure and default loom over public, private and sovereign debtors.  So where did the money go?  $29 Trill is more than enough to retire the entire USA national debt, with interest, and, every mortgage both public and private in the USA. abstract: There have been a number of estimates of the total amount of funding provided by the Federal Reserve to bail out the financial system. For example, Bloomberg recently claimed that the cumulative commitment by the Fed (this includes asset purchases plus lending) was $7.77 trillion. As part of the Ford Foundation project "A Research and Policy Dialogue Project on Improving Governance of the Government Safety Net in Financial Crisis," Nicola Matthews and James Felkerson have undertaken an examination of the data on the Fed's bailout of the financial system-the most comprehensive investigation of the raw data to date. This working paper is the first in a series that will report the results of this investigation. The extraordinary scope and magnitude of the recent financial crisis of 2007-09 required an

Whoa! Great read!   I think i've met my doppleganger. And he can write.  Funny but earlier today Marbux and i had a lengthy eMail exchange about this exact same topic.  Clearly we are not alone in wondering what has happened to the Tea Party?   I have been trying to get my thoughts together about the rope-a-dope of Rush Limbaugh, which predictably resulted in the fragmentation and total route of the Tea Party Patriot movement. Thirty three days into the election primary cycle and the hands down winner is, The Big Government Establishment".  How did the establishment of trough feeding repubicans, democrats and corporatist/banksters do this? And do it so quickly and efficiently? This article attempts to describe the gradual push towards big government socialism.  No doubt the democratic party is the party of socialism, running the gamut from liberals, to progressives, to Euro socialist, to Marxist, communists and hard core Stalinist. Obammunism itself is a rather unique blend of Marxist enviro socialism driven and funded by fascist crony corporatism/banksterism.    The article further describes what used to be moderates as big government social progressives with a strong dose of military merchatilist interventionism.  The artile also calls these types "neo conservatives"  I guess because the neo moderates are describing themselves as new conservatives. Which is an insult to any Goldwater - Reagan conservative.  Like me.  Or at least i was until this past summer when a kind group of libertarians educated me on the Constitution.  I was Federalist  style, social/militarist conservative.  Now i'm a Jefferson-Madison libertarian strict Constitutionalist. So i've been there.  And "neo conservative" is not conservative in any sense other than that of militarist-merchantilist make the world safe for democracy through big, really big, government social and military programs.  And oh yeah, the neo moderate is a Federal Reserve big corporatist/bankster ty

quote:  Regardless of what those Occupying Wall Street have to say about it, you can be a capitalist and believe that what is happening here is wrong. A private corporation should not be able to plunder the U.S. Treasury to cover its losses via the FDIC. There appears to be very little information publicly available as to what could possibly even be worth 75 trillion dollars, but it's most definitely not cash or paychecks from the individual depositors the FDIC was designed to protect. In fact, it appears to be 75 trillion dollars of risky debt packaged as derivatives. To put that in perspective, the annual GDP of all of planet Earth is only 58 trillion dollars!

While congress debates a ban on congressional inside trading, the news comes out that the thugs who run the Federal Reserve and own private banks with deep connections to Wall Street, are also profiting mightily from their indie trading activities.  C'mon, money is the fuel of Wall Street, and if you know a multi trillion dollar pump and dump is coming from the Federal Reserve how can you not crush the market?  These guys should heading to jail instead of Davos. excerpt: The presidents of the U.S. Federal Reserve may not have used their knowledge for personal gain, but a look at their assets does show several apparent conflicts of interests. More than 600 pages of disclosure documents were released last week after Bloomberg News filed a Freedom of Information Act request. The most troubling revelation concerned Atlanta Fed President Dennis Lockhart. Two weeks prior to the Federal Reserve's November 2010 decision to go ahead with the second phase of its quantitative easing program (QE2), Lockhart invested $289,000 in several stock index funds. The $600 billion of government bond-buying that followed helped push the Standard & Poor's 500 index up about 15% over the next six months.

Nice explanation of the Federal Reserve. Includes a list of Bankster Families and banks that actually own the FED, as well as how the FED makes incredible profits. There is also an interesting proposal explaining how we can repurchase the FED for $450 Million and quickly transition to a non interest bearing currency! Good stuff.

Awful stuff.  Brace yoruselves, the facts will make you wretch. excerpt: The American people got so upset about the bailouts that Congress gave to the Wall Street banks and to the big automakers, but did you know that the biggest bailouts of all were given out by the Federal Reserve? Thanks to a very limited audit of the Federal Reserve that Congress approved a while back, we learned that the Fed made trillions of dollars in secret bailout loans to the big Wall Street banks during the last financial crisis.  They even secretly loaned out hundreds of billions of dollars to foreign banks. According to the results of the limited Fed audit mentioned above, a total of $16.1 trillion in secret loans were made by the Federal Reserve between December 1, 2007 and July 21, 2010. The following is a list of loan recipients that was taken directly from page 131 of the audit report.... Citigroup - $2.513 trillion Morgan Stanley - $2.041 trillion Merrill Lynch - $1.949 trillion Bank of America - $1.344 trillion Barclays PLC - $868 billion Bear Sterns - $853 billion Goldman Sachs - $814 billion Royal Bank of Scotland - $541 billion JP Morgan Chase - $391 billion Deutsche Bank - $354 billion UBS - $287 billion Credit Suisse - $262 billion Lehman Brothers - $183 billion Bank of Scotland - $181 billion BNP Paribas - $175 billion Wells Fargo - $159 billion Dexia - $159 billion Wachovia - $142 billion Dresdner Bank - $135 billion Societe Generale - $124 billion "All Other Borrowers" - $2.639 trillion So why haven't we heard more about this? This is scandalous. In addition, it turns out that the Fed paid enormous sums of money to the big Wall Street banks to help "administer" these nearly interest-free loans....

Forbes' Charles Kadlec notes: The Federal Reserve Open Market Committee (FOMC) has made it official: After its latest two day meeting, it announced its goal to devalue the dollar by 33% over the next 20 years. The debauch of the dollar will be even greater if the Fed exceeds its goal of a 2 percent per year increase in the price level. *** The Fed has announced a course of action that will steal - there is no better word for it - nearly 10 percent of the value of American's hard earned savings over the next 4 years.