Fed Wealth Grows While Others Drown In Debt

An excerpt from Bob Chapman's weekly publication.
December 1 2010: The Fed grows richer at our expense, Wikileaks news links, desperate things for desperate people, the clarion call of gold, black friday unremarkable, countries drown in the debt of other countries.

The Federal Reserve’s balance sheet grew a 4th straight week to $2,328 trillion, up $31 billion in a week. In May the balance sheet was $2,333 trillion.

Holdings of government securities totaled $901.24 billion, and rose $27.62 billion. Mortgage holdings were unchanged and Agency holdings fell slightly.
read more >>>>

Creation of Debt As The Basis For Growth

Creation of Debt As The Basis For Growth
An excerpt from Bob Chapman's weekly publication.
November 3 2010: Welfare states by regulation, a system by which growth is created with debt, money no longer a store of value, punishing savers and creating speculators, outrage over the last three US federal administrations has led to the current midterm election result, currency war, trade war, virtual fence broken.

The UK, Europe, the US and Canada are different degrees of welfare states. By way of regulation, government controls via taxation. The states and their inhabitants send taxes to Washington, which takes its cut and sends funds back to the states with strings attached. You either do what we want you to do, or we cut off your funds. The states and the people are subject to extortion with government using their funds to do so. By using regulations, welfare and extortion, the federal government creates dependency
read entire article >>>>

Bob Chapman : The Economy When Debt Is Everywhere

Bob Chapman on Radio Liberty 23 Aug 2010

August 25 2010: Greece forced into a harsh reality, madness, next is Spain, Portugal and Italy to be sold to IMF servitude for decades, twenty countries now headed into bankruptcy, no relief from unemployment, reduced US GDP, a million jobs to be lost... nightmares for the economy ahead.

Debt is everywhere and it certainly is onerous. We all have heard about the sovereign debt crisis, the debt of Greece and the debts of Ireland, Spain, Portugal and Italy. During that process the euro fell from $1.50 to $1.187; which gave euro zone exporters quite an advantage. The euro has since rebounded to a high of $1.33 and for now settled in near $1.28. Business confidence is back, but in the meantime the next course of action is to be higher taxes and austerity. Even consumers believe things are not going to improve. They all probably see the advantages of a cheaper euro. Even the CDS premiums have disappeared, which means at least for now the crisis has been arrested with a Band-Aid called loans – loans that will take these countries years to repay accompanied by years of depression. As a result, Greece is on the edge of revolt. read article >>>

Mr. Robert Chapman also known as The International       Forecaster  is a 74 years old. He was born in Boston, MA and attended       Northeastern  University majoring in business management. He spent    three    years in  the U. S. Army Counterintelligence, mostly in Europe.    He   speaks  German  and French and is conversant in Spanish. He  lived   in   Europe for  six  years, off and on, three years in Africa, a  year   in   Canada and a  year  in the Bahamas.

Mr.  Chapman became a stockbroker in   1960    and  retired in 1988. For 18 of  those years he owned his own     brokerage  firm.  He was probably the  largest gold and silver     stockbroker in the  world  during that period.  When he retired he had     over 6,000 clients.
Bob  Chapman : you got to remove  these  people from   the    government
Starting  in 1967   Mr. Chapman began    writing  articles on business, finance,  economics  and  politics having    been  printed and reprinted over the  years in over  200  publications.    He owned  and wrote the Gary Allen  Report, which had   30,000    subscribers. He  currently is owner and  editor of The   International    Forecaster, a  compendium of  information on business,   finance,    economics and social and   political issues worldwide, which   reaches    10,000 investors and  brokers  monthly directly, and parts of his      publication are picked  up by 60  different websites weekly exposing    his   ideas to over 10  million  investors a week.