Tag: Treasury Department

Fed Chair Powell Misleads House Hearing on Wall Street’s Bailout Programs

Tina Marie (Ms. Cat)

Fed Chair Powell Misleads House Hearing on Wall Street’s Bailout Programs

It’s factually incorrect for the Fed Chairman to say that it can only make emergency loans with the approval of the Treasury. Months before there was any case of COVID-19 anywhere in the world the Fed was making hundreds of billions of dollars a week in emergency repo loans to Wall Street trading houses. The emergency loans started on September 17, 2019 – four months before the first reported case of COVID-19 in the United States. By January 27, 2020 the Fed’s ongoing cumulative loans to bail out Wall Street’s hubris tallied up to an astounding $6.6 trillion. (See Fed Repos Have Plowed $6.6 Trillion to Wall Street in Four Months; That’s 34% of Its Feeding Tube During Epic Financial Crash.)

Top U.S. Officials Consulted With BlackRock as Markets Melted Down

Tina Marie (Ms. Cat)

Top U.S. Officials Consulted With BlackRock as Markets Melted Down

While some conversations were previously disclosed, the newly released emails, together with public calendar records, show the extent to which economic policymakers worked with a private company as they were drawing up a response to the financial meltdown and how intertwined BlackRock has become with the federal government.

The US Plan to Imprison Businesspeople in other Countries for “Violating” Illegal US Sanctions: The Cases of Alex Saab, Meng Wanzhou, Mun Chol Myong

Tina Marie (Ms. Cat)

The US uses economic sanctions as a weapon against states which choose a development path independent of US global domination. Sanctions can take the form of blocking a nation’s financial and trade transactions, not allowing financial institutions to process them. The US can also freeze the assets of another country.

The US Plan to Imprison Businesspeople in other Countries for “Violating” Illegal US Sanctions: The Cases of Alex Saab, Meng Wanzhou, Mun Chol Myong

Biden Fires Up the Waco Controversy Anew

Tina Marie (Ms. Cat)

Biden Fires Up the Waco Controversy Anew

ATF claimed a surprise attack was necessary because Koresh almost never came out of his home. Six years after the attack, thanks to FOIA hounding by former federal lawyer David Hardy, the ATF finally disclosed a memo revealing that, nine days before the raid, two undercover ATF agents (recognized as such by Koresh) knocked on the door of the Davidian residence and invited Koresh to go shooting. Koresh, two other Davidians, and the two agents had a fine time shooting AR-15s and SIG Sauer semiautomatic pistols. Koresh provided the ammo and the agents handed him their guns. The ATF undercover agents’ official report, filed before the raid, noted: “Mr. Koresh stated that he believed that every person had the right to own firearms and protect their homes.” Koresh could have easily been arrested that day but that would have preempted the biggest and most glorious raid in ATF history.