The debt ceiling is the legal limit on the total amount of debt the federal government can accrue. As of October 2023, the debt limit stands at $31.4 trillion, though the national debt is currently over $32 trillion. If Congress does not raise the debt ceiling, the government may be unable to pay all its…
California Governor Jerry Brown signed into law the removal of a ban on the use of crypto-currencies such as Bitcoin and Dogecoin to “accommodate the growing use of alternative payment methods.” Roger Dickenson, assemblyman in California and author of Section 107 which allows for corporations or individuals to issue tradable legal tender other than US dollars, said: “In…
Beginning August 1st of this year, JP Morgan & Chase Co. will charge their customers for depositing cash into their accounts. According to an internal document sent to account holders, in less than a month from now “the fee for all types of Cash Deposit Processing (CDP) will be $0.25 per $100 [deposited]. The CDP fee will…
Concerning the future of the Trans-Pacific Partnership (TPP), the president is expected to accelerate talks and negotiations to play import/export with other nations to ensure profits for rich countries and control one-third of global trade. Payoffs for successful positioning regarding the TPP have left some bankers just a little bit richer. Goldman Sachs, Morgan Stanley, JPMorgan &…
In 2007, the Sentinel Management Group (SMG) collapsed, leaving many customer segregated funds lost after they had been used as collateral. After a plethora of lawsuits and creditor claims, a decision earlier this month in the 7th Circuit Court placed the banking cartels ahead of customer claims for funds returned. Essentially, the Bank of New York Mellon…
When polled, 56% of the 1,512 Canadians responded positively to going to a cashless society and using digital currency instead of carrying fiat in their wallet. BA International, the corporation that prints fiat currency in Ottawa, Canada, has announced that it has ceased printing paper fiat as of December 2012. The replacement currency is moving toward polymer bills. Because…
Blueseed is a San Francisco startup corporations that plans to launch a floating city 12 nautical miles off the coast of California.Blueseed will revamp a cruise ship or barge to create the off-shore city. It will sit in international waters and be a metropolis where foreign and American workers can conduct business and theorize new corporations…
As of August 9th of this year, the banks are legally allowed to co-mingle customer segregated funds with their own if the financial institution is insolvent, under duress or in bankruptcy. In other words, the technocrats have made the theft that Jon Corzine committed a non-criminal offense. The latest scheme of the banking cartels has been introduced…
