Central Banks

The ECB’s Noose Around Greece: How Central Banks Harness Governments

Remember when the infamous Goldman Sachs delivered a thinly-veiled threat to the Greek Parliament in December, warning them to elect a pro-austerity prime minister or risk having central bank liquidity cut off to their banks? (See January 6th post here.) It seems the European Central Bank (headed by Mario Draghi, former managing director of Goldman […]

On Point with Charlie McGrath- Central Bankers on the March

Charlie McGrath Presents Ellen Brown
When the US Federal Reserve bought an 80% stake in American International Group (AIG) in September 2008, the unprecedented $85 billion outlay was justified as necessary to bail out the world’s largest insurance company. Today, however, central banks are on a global corporate buying spree not to bail out bankrupt corporations but simply as an investment-to compensate for the loss of bond income due to record-low interest rates. Indeed, central banks have become some of the world’s largest stock investors.

Vladimir Putin has evolved from Cold War Warrior to Strategic Conqueror


Once again CIA and their super-expensive spy agencies and cyber surveillance were clueless when Russian commandos, posing as “gunmen”, quietly took over airport and government buildings in Crimea. Not the CIA, MI6 or other European spooks and cyber nerds saw Mr Putin coming! Again he proved to the world that he meant business when he identified the new government in Kiev as being the products of a fascist revolution and mobilized 150,000 troops on Ukraine’s borders.