Widening US protest rallies against the prevalence of top-level corruption, poverty, and social inequality in America, which began in September in New York, have now spread to more than 1,000 cities across the country. Rallies have spread from Freedom Plaza to McPherson Square, where “Occupy DC” is being staged by people that are younger and more grassroots. The widescale US protestRead more
Monthly Archives: November 2011
The Federal Reserve had secrety committed $7.77 trillion as of March 2009 to rescue the financial system.
The Fed fought for more than 2 years to keep details of the largest bailout in U.S. history a secret and didn’t tell anyone which banks were in trouble so deep they required a combined $1.2 trillion on Dec. 5, 2008, their single neediest day. Also, the Banks didn’t mention that they took tens of billions of dollars in emergencyRead more