Director | March 16, 2009
The Federal Reserve is currently requiring major banks to reassess their reserves in light of a worst-case scenario. This is being called a stress test. Research Reports offers a preliminary assessment of major banks’ capital needs. Bill Gross of Pimco notes that trillions of dollars of new capital will be required to shore up the […]
Director | December 16, 2008
Background The era of global cooperation between Communism and monopoly capitalism begin with Khrushchev¹s announcement in 1959 that the Soviet Union would no longer play the leading role in the Communist world takeover but would allow each Communist country to develop in the way it wanted. In the late 1970s, following the Great Leap Forward […]
Director | December 1, 2008
Henry Lamb has a brief article on how the U.S. routinely adopts UN policies at WorldNetDaily. Many commentators have blamed the U.S. mortgage crisis on the Democrats, but the Democrats were merely following proposals that originated in the United Nations. Lamb offers details on UN documents that have served as the master template for reorganizing […]
