http://wearechangecoloradosprings.org/blog/2009/10/11/
Posted in Freedom <http://wearechangecoloradosprings.org/blog/category/freedom/> | No <http://wearechangecoloradosprings.org/blog/2009/10/in-u-s-record-low-suppor t-for-stricter-gun-laws/#respond> Comments > Congresswoman <http://wearechangecoloradosprings.org/blog/2009/10/congresswoman-kaptur-the re-has-been-a-financial-coup-detat/> Kaptur: There Has Been a Financial Coup D'Etat Sunday, October 11th, 2009 In Michael Moore's new film Capitalism: A Love Story, Congresswoman Kaptur <http://www.pbs.org/moyers/journal/10092009/watch.html> says there has been a financial coup d'etat, and that Wall Street - rather than Congress - is in charge. In a <http://www.pbs.org/moyers/journal/10092009/watch.html> must-watch interview with Bill Moyers broadcast Friday night, Kaptur also said: * The Federal Housing Agency used to insure 1 in 50 mortgages. But FHA now insures 1 in 4 mortgages, as the debt for bad mortgages has been dumped on the American people * "Banks have the power to create money". This again confirms and verifies that banks create money out of thin air, not based on the amount of reserve deposits on hand. See <http://www.washingtonsblog.com/2009/09/if-credit-is-not-created-out-of-exce ss.html> this and <http://www.washingtonsblog.com/2009/09/bank-president-admitted-that-all-cre dit.html> this * While - on paper - there are reserve requirements, banks have gone from 10 to 1 leverage (where they could lend out 10 times their reserves) to - in the case of JP Morgan - 100 to 1 leverage. But with derivatives, leverage might be much higher/li> * Instead of holding hearings on the core problems with the financial system, Congress is holding hearings solely on peripheral issues Source: Washington <http://www.washingtonsblog.com/2009/10/congresswoman-kaptur-there-has-been. html> 's Blog Other stories at We Are Change Colorado Springs How <http://wearechangecoloradosprings.org/blog/2009/09/how-the-federal-reserve- rips-you-off/> the Federal Reserve rips you off No <http://wearechangecoloradosprings.org/blog/2009/09/no-economic-recovery-in- sight-more-financial-chaos-ahead/> Economic Recovery in Sight: More Financial Chaos Ahead The <http://wearechangecoloradosprings.org/blog/2009/08/the-rising-tide-of-unemp loyment-in-america-how-bad-will-it-get-and-what-can-we-do/> Rising Tide of Unemployment in America: How Bad Will It Get, And What Can We Do? Posted in Economy <http://wearechangecoloradosprings.org/blog/category/economy/> , Federal Reserve <http://wearechangecoloradosprings.org/blog/category/federal-reserve/> | No <http://wearechangecoloradosprings.org/blog/2009/10/congresswoman-kaptur-the re-has-been-a-financial-coup-detat/#respond> Comments > *** exposing the hidden truth for further educational research only *** CAVEAT LECTOR *** In accordance with Title 17 U.S.C. Section 107, this material is distributed without profit to those who have expressed a prior interest in receiving the included information for research and educational purposes. NOTE: Some links may require cut and paste into your Internet Browser. Please check for daily real news posts and support the truth! (sorry but don't have time to email all posts) at <http://tinyurl.com/33c9yr> http://tinyurl.com/33c9yr or <http://groups.google.com/group/total_truth_sciences/topics?gvc=2> http://groups.google.com/group/total_truth_sciences/topics?gvc=2 ; You can also subscribe to the multiple daily emails by sending an email to <mailto:[email protected]> [email protected] ; free book download: <http://www.lulu.com/content/165077> http://www.lulu.com/content/165077 *** Revealing the hidden Truth For Educational & Further Research Purposes only. *** NOTICE: Due to Presidential Executive Orders, the National Security Agency (NSA) may have read emails without warning, warrant, or notice. They may do this without any judicial or legislative oversight. You have no recourse, nor protection.......... IF anyone other than the addressee of this e-mail is reading it, you are in violation of the 1st & 4th Amendments to the Constitution of the United States. Patriot Act 5 & H.R. 1955 Disclaimer Notice: This post & all my past & future posts represent parody & satire & are all intended for entertainment and amusement only. To be removed from the weekly list, please reply with the subject line "REMOVE" --~--~---------~--~----~------------~-------~--~----~ You received this message because you are subscribed to the Google Groups "total_truth_sciences" group. To unsubscribe from this group, send email to [email protected] For more options, visit this group at http://groups.google.com/group/total_truth_sciences -~----------~----~----~----~------~----~------~--~---
