Wednesday, 24 August 2011 09:43
'Last week the governments of Germany and France called for a single government to rule over Europe to deal with the European debt crisis. Today, Germany moves the game plan forward by issuing a statement outlining their demands for indebted European nation’s to secure banker bailouts.
In a statement that is nothing short of a plan to roll out the Fourth Reich, Germany is demanding nation’s give an “extensive surrender of national fiscal sovereignty to secure banker bailouts.'
Wednesday, 24 August 2011 09:26
'As Americans continue to lose their homes in record numbers, the Federal Reserve is considering making it much harder for homeowners to stop foreclosures and escape predatory home loans with onerous terms.
The Fed's proposal to amend a 42-year-old provision of the federal Truth in Lending Act has angered labor, civil rights and consumer advocacy groups along with a slew of foreclosure defense attorneys.
They're not only asking the Fed to withdraw the proposal, they also want any future changes to the law to be handled by the new Consumer Financial Protection Bureau, which begins its work next year.'
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