Tag Archives: Federal Reserve

The Gig Is Up ?

By Renee

One Dollar Bill depicting an alarmed President George Washington

The gig is up. Sell offs in European countries reported.

S & P reports US debt has been downgraded from stable to poor.

http://www.bbc.co.uk/news/business-13118834

From BBC link above:

The US has been warned that the credit rating on its government debt could be cut by Standard & Poor’s.

S&P is concerned that Democrats and Republicans will not be able to agree a plan to reduce the growing US deficit.

It has downgraded its outlook from stable to negative, increasing the likelihood that the rating could be cut within the next two years.

The US Treasury responded that S&P had underestimated its ability to tackle the national debt.

“Because the US has, relative to its ‘AAA’ [top-rated] peers, what we consider to be very large budget deficits and rising government indebtedness and the path to addressing these is not clear to us, we have revised our outlook on the long-term rating to negative from stable,” the agency said in a statement.

The surprise move sent US and European shares lower. The S&P 500 fell the most in a month, and the US dollar dropped against the euro and Swiss franc. Oil was also sharply lower.

In Europe, the main UK, German and French indexes all fell by at least 2%.

The US federal deficit currently stands at $1.4tn (£858bn) and is expected to reach $1.5tn in the current fiscal year.

Snip~

Well, here we are. Is it time to get serious and cut our budget now ? In the RIGHT places ?

Are You Smarter Than a Typical Democrat?

Posted by Bridgette

THEN PRove It!

Below are twenty easy questions to answer.  So get out your quill, ink and paper and write the numbers 1-20.    I bet you will do well.   After all,  we have been reviewing and talking about the Constitution and how most of the laws created by  both the Democrats  and Republicans either were constitutional or they weren’t;  with a heavy emphasis on “they weren’t!”   

Remember, NO cheating.  That’s the Democrats way!  Really, this is a piece of cake!

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The Two Organizations That Run the United States

The Council on Foreign Relations  And the Trilateral Commission

By Melvin Sickler

Posted By Newssleuth

 

There are two groups of elite men and women in particular that most American people do not know about, but which are a clear threat and danger to the freedom of the American people. These are the Council on Foreign Relations (CFR) and the Trilateral Commission.

Right now the United States is completely under the control of those who run these two organizations (David Rockefeller in particular). It is therefore important to understand these organizations if we wish to understand what has been taking place in the United States since the early 1900’s.

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