Viewing articles by Greg Hunter

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By Greg Hunter’s USAWatchdog.com Dear CIGAs, Catherine Austin Fitts calls what happened to the U.S since the market meltdown of 2008 a “fiscal coup d’état.”  Fitts should know because she is a former Wall Street insider who has managed investments worth $300 billion.  She is also a government insider.  Catherine Austin Fitts was an Assistant… Read more »

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By Greg Hunter’s USAWatchdog.com Dear CIGAs, I don’t see how anyone could say the financial system is stable.  The facts say it is anything but well-balanced and steady.  The Western world is in crisis with Europe leading the way over the financial cliff.   Pick a country in the EU.  France, Greece, Spain or Italy are… Read more »

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By Greg Hunter’s USAWatchdog.com Dear CIGAs, Professor William Black is an outspoken critic of Wall Street.  Black, a former bank regulator and professor of law and economics, says, “Outright fraud caused the great recession, and they are able to do it now with impunity.”  Not a single financial elite that caused the crisis has gone… Read more »

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By Greg Hunter’s USAWatchdog.com Dear CIGAs, USA Today’s headline Monday in the “Money” section of the newspaper read “Will fragile U.S. economy shatter?”  This story should have come with an apology to readers for reporting a so-called “recovery” for a couple of years now that was, in reality, nothing more than bottom bouncing.  And even… Read more »

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By Greg Hunter’s USAWatchdog.com Dear CIGAs, Former Assistant Treasury Secretary Paul Craig Roberts says, “The last thing the banks want is a rise in interest rates that would drive down the values of their holdings and reveal large losses masked by rigged interest rates.” The Libor rate rigging scandal was all about keeping the financial… Read more »

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By Greg Hunter’s USAWatchdog.com Dear CIGAs, The Libor interest rate rigging scandal is being called the biggest financial fraud in history.  Libor is a key interest rate that is used globally to set as much as $800 trillion in transactions.  It is used to set interest rates for things such as credit cards, student loans,… Read more »

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By Greg Hunter’s USAWatchdog.com (Revised) Dear CIGAs, Ever since the original Patriot Act was passed by Congress in 2001, American civil liberties have steadily shrunk and government control has steadily grown.  In a financial crisis, your bank or brokerage can severely restrict the amount of money you can withdraw from your accounts.  The government can… Read more »