Wordpress - webofdebt.wordpress.com - WEB OF DEBT BLOG
General Information:
Latest News:
The Leveraged Buyout of America 26 Aug 2013 | 04:59 pm
Giant bank holding companies now own airports, toll roads, and ports; control power plants; and store and hoard vast quantities of commodities of all sorts. They are systematically buying up or gainin...
Truthdigger of the Week: Ellen Brown 26 Aug 2013 | 01:30 am
(This is so exciting! Thanks Alex!) By Alexander Reed Kelly Every week the Truthdig editorial staff selects a Truthdigger of the Week, a group or person worthy of recognition for speaking truth to po...
PublicBankingTV : Your Money Is Not Safe in the Big Banks 26 Aug 2013 | 01:20 am
Filed under: videos
Not Too Big to Jail: Why Eliot Spitzer Is Wall Street’s Worst Nightmare 19 Aug 2013 | 08:53 pm
Before Eliot Spitzer’s infamous resignation as governor of New York in March 2008, he was one of our fiercest champions against Wall Street corruption, in a state that had some of the toughest legisla...
The Detroit Bail-In Template: Fleecing Pensioners to Save the Banks 5 Aug 2013 | 10:25 pm
The Detroit bankruptcy is looking suspiciously like the bail-in template originated by the G20’s Financial Stability Board in 2011, which exploded on the scene in Cyprus in 2013 and is now becoming th...
Green Light for City-owned San Francisco Bank 30 Jul 2013 | 07:39 am
When the Occupiers took an interest in moving San Francisco’s money into a city-owned bank in 2011, it was chiefly on principle, in sympathy with the nationwide Move Your Money campaign. But recent s...
Collateral Damage: QE3 and the Shadow Banking System 23 Jul 2013 | 08:28 am
Rather than expanding the money supply, quantitative easing (QE) has actually caused it to shrink by sucking up the collateral needed by the shadow banking system to create credit. The “failure” of QE...
Think Your Money is Safe in an Insured Bank Account? Think Again. 5 Jul 2013 | 04:44 pm
A trend to shift responsibility for bank losses onto blameless depositors lets banks gamble away your money. When Dutch Finance Minister Jeroen Dijsselbloem told reporters on March 13, 2013, that the ...
The Crime of Alleviating Poverty: A Local Community Currency Battles the Central Bank of Kenya 28 Jun 2013 | 10:19 pm
Former Peace Corps volunteer Will Ruddick and several residents of Bangladesh, Kenya, face a potential seven years in prison after developing a cost-effective way to alleviate poverty in Africa’s poor...
Review of Public Banking Conference by Matt Stannard 22 Jun 2013 | 02:29 am
HUNDREDS GATHER FOR PUBLIC BANKING AND ECONOMIC JUSTICE, by Matt Stannard, June 20, 2013 By any standards, the 2013 Public Banking Conference, held at beautiful Dominican University in San Rafael, Cal...
