Tag: Tim Geithner

The Fed, B of A, JP Morgan put US taxpayers on EU’s hook

Are US Taxpayers EU Banks’ Sugar Daddies?by Jude CowellDon’t spew your cereal but it has been revealed that our tricky old Federal Reserve Bank has put US taxpayers on the hook–in a word, responsible–for the financial fall out if European banks fail!In the brew are two of our usual criminal suspects who got no regulatory approval for this scheme–Bank of America and J. P. Morgan. Meanwhile, the

US Default? America’s Jupiter Makes the News!

A Sabian Symbol Makes the News: US Jupiter @ 6 Cancer: 7.10.11by Jude CowellWith the August 2, 2011 default deadline looming large, this morning’s Meet The Press featured Treasury Secretary Timothy Geithner laying out the argument once again–for Republicans, it is said. No doubt there’s hope that Tea Partisans might listen in from behind the ideological door.One long-range sort of theory that’s