As if the current financial meltdown resulting from mortgage credit default swaps weren’t enough the banks are at it again: http://www.huffingtonpost.com/2010/04/27/banks-bet-against-us-citi_n_553891.html The same people are involved, it’s just a variation of the original game. JP Morgan, Bank Of America and Citigroup are selling credit default swaps on municpal bonds. This is basically a bet made with other banks, […]
Monthly Archives: April 2010
The Global Ripoff
Last week Citigroup Inc. announced a 4.3 billion dollar ” profit” for the first quarter of 2010. Wall Street acted on this news by pushing up Citigroup stock prices. What they neglected to do is thank US taxpayers for all of the free cash they have received. Much of Citi’s reported profit came from their trading desk. In […]
The Great Silver Giveaway Contest Update
Here is an update on the Great Silver Giveaway Contest. The DJIA closed at 11,204.28 on Friday, April 23. The top 5 contestants are 1)Justin 11,111.00 2) Shane M. 11,000.00 2) Kaleigh S. 11,000.00 4) Aaron N. 10,848.00 5)Cheryl N. 11,685.00 6) Joe P. 10,424.00 My best guess is we will go higher […]
HT’s Patriot Of The Month Is Sherry Peel Jackson
Hammering Truth’s Patriot Of The Month is Sherry Peel Jackson. You may remember her from the film Freedom to Fascism: http://video.google.com/videoplay?docid=-1656880303867390173 Once an award winning IRS agent, Sherry began to question the legality of the income tax after seeing an ad in a July 2000 issue of USA Today. The ad offered 50,00 dollars to anyone […]
Tax Day Becomes Pay Day
Like many other baby boomer Americans, I have paid hundreds of thousands of dollars in state, federal and payroll (social security) taxes. When I explain this to younger taxpayers their eyes glaze over and respond that they pay taxes too. After some investigating I was stunned as to what April 15 has become to lower and middle income […]
Neocon Newt Gingrich Is Out To Steal The Tea Party
To those who laughed at me when I predicted a Gingrich Palin ticket in 2012, the picture may be getting a little clearer. Newt Gingrich is starting to pop up at Tea Parties. On Thursday Gingrich spoke before a Tea party gathering in Texas: http://www.chron.com/disp/story.mpl/hotstories/6960980.html Newt warned the Tea Party not to break off into a 3rd party […]
Help Us Spread The Word And Win
All of us here at Hammering Truth appreciate your comments, prayers and support. The number of hits to the Hammering Truth site seems to be increasing at a pretty good pace. To take it to the next level we would like some help in getting the word out. So we are offering the winner of […]
There Must Be Something In The Water
About a year ago, I attended a Town Hall Meeting sponsored by my local congressman Vern Ehlers. This wasn’t too long after the scandalous banker bailout was approved. I was sure the meeting hall would be packed with irate taxpayers wondering why our government was handing out money to the International Banking Cartel. I was in for a […]
Second Amendment Rally Coming On Tuesday April 13 In Lansing Michigan
I encourage everyone in Michigan to attend the upcoming Second Amendment March and Rally to be held on the East Lawn of the State Capitol in Lansing Michigan on Tuesday April 13 from noon to 3PM. For more information click on this link: http://www.usacarry.com/forums/michigan-discussion-firearm-news/11539-michigan-second-amendment-march.html I will be unable to attend but I would be happy to post any reports from those […]
Are Gold And Silver Ready To Fly? (And Is The Dollar Collapse Upon Us?)
The revelations made last week on King World News by British precious metals trader Andrew Maguire may lead to skyrocketing precious metal prices and the collapse of the dollar and other fiat currencies: http://kingworldnews.com/kingworldnews/Broadcast/Entries/2010/3/30_Andrew_Maguire_%26_Adrian_Douglass.html Maguire tells of manipulation of gold and silver markets by JP Morgan Metals Traders possibly acting as agents of the U.S. treasury. He even sucessfully predicted when the price of […]