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Report on Bailouts Says Treasury Misled Public

WASHINGTON — The inspector general who oversees the government’s bailout of the banking system is criticizing the Treasury Department for some misleading public statements last fall and raising the possibility that it had unfairly disbursed money to the biggest banks. Read the full story

The Real Reasons Behind Fed Secrecy

Last week I was very pleased that the Financial Services Committee held a hearing on the Federal Reserve Transparency Act, HR 1207. The bill has 295 cosponsors and there is also strong support for the companion bill in the Senate. This hearing was a major step forward in getting the bill passed. Read the full story

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Debtors Revolt Starts Now!
www.debtorsrevoltnow.com

Well, I guess this site is now under construction.
Bear with us, we will have information and a functional website soon….

Four simple steps to take now:

1. Pull your money from the big corporate banks and find a local community bank or credit union for conducting your banking business.

2. Don’t use credit cards unless you are able to pay the balance in full every month.

3. Downsize and simplify your life to reduce stress and cost.

4. Don’t be passive. Demand fairness from your creditors.

Other things to consider:

Frequent local mom and pop enterprises instead of the big box stores. This will circulate your hard-earned dollars in your own community instead of shipping them off to parts unknown. Read the full story