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Fed Up USA Video

Find out how it all started. Our short video explains it all:

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Discussion Forum

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Nathan's Economic Edge

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Federal Reserve Balance Sheet

Did you know this is public record? See for yourself. (We recommend a good dose of LOL Fed after clicking here):

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Shadow Stats

The real economic data that the government doesn't want you to see.

Shadow Stats

Find Out Who Voted YES for the Bailouts

Two lists of those in Congress that have ignored the voice of the people:

EESA Supporters

Stimulus Supporters

Fed Up USA in the Media

Ticker Guy Karl Denninger On CNN

Ticker Guy interviewed on WTIC 1080

The coordinator of the Toilet Bowl DC protest is interviewed by the AP

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Our Founder in her Plains Radio Interview

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NEWS & INFORMATION ON
THE ECONOMIC CRISIS


Click the Links Below for Full Stories

This page is updated often.
Refresh the page for the latest.

FedUpUSA is your online source for up-to-the-minute
events surrounding the Global Economic Crisis.





LIST OF 417 TEA PARTIES NATIONWIDE JULY 4th 2009

Pick a state from the menu to find one in your area - complete with contact information, time, place, and map.




"Starve The Beast" - July 4th, 2009


Karl Denninger of The Market Ticker has decided that it just may be time for the citizens of America to use the "nuclear option" against our out-of-control government...perhaps the only option We the People have left. In his latest Ticker, he says the following:

...we can rant and rave about market manipulation and government-sponsored games. We can petition the SEC, the FBI and Congress. We can demand that they stop it all we want.

But they haven't and likely won't until and unless America gets pissed off enough to force them to act.

You may be asking yourself, "How can we force them to act?" Mr. Denninger suggests that since consumer spending is 70% of the economy, we go on a "...consumption strike until and unless our demands are met." (For a list of those recommended demands, please follow the link above, or just click here.) As for the "consumption strike" he recommends, it is really quite simple. Mr. Denninger suggests we limit our personal spending to only essential purchases, such as:

* Enough food to eat at home. No more eating out.
* Rent and utilities.
* Essential medical services.
* Enough fuel to get to and from work.

Additionally, Mr. Denninger suggests that every American drawing a regular paycheck, and those that must pay quarterly estimated taxes, cease any "excess witholding"...only pay in taxes that which we must pay and not one dime more.

By limiting our spending to only the essentials, and retaining our money instead of loaning it to the government each year at 0% interest until refund time rolls around, we can force our government to live within its means, and to take action against those that were, are, and continue to be responsible for the state of America's finances.

If you are tired of hearing about the Bailout of the Week each week, or of other new government interventions in the markets each day/week/month...if you fear for the future of you, your children, and your grand-children...if you are terrified of where you see America heading with each new spending bill or policy change this year, we urge you to take action...the only effective, lawful action we have left to us: work with us to "Starve The Beast".

Flier to print for Tea Parties this weekend: Click Here



Tice Sees U.S. Depression, Says Jobless Rate May Top 15% - July 3, 2009

July 2 (Bloomberg) -- David Tice, chief portfolio strategist at Federated Investors, talks with Bloomberg's Matt Miller and Kathleen Hays about the outlook for the U.S. economy.

00:00 Labor market, "going to be a depression"
02:04 "Humongous" decline in asset net worth
04:34 Household debt, possible impact on banks
05:46 Fed policy, U.S. response to financial crisis
06:47 Outlook for stocks; inflation; dollar





The Great American Bubble Machine - July 3rd, 2009


Matt Taibbi on how Goldman Sachs has engineered every major market manipulation since the Great Depression





Judge Andrew Napolitano Calls for Immediate Arrests – June 30, 2009
...of Hank Paulson, Ken Lewis, Jeff Lacker, Ben Bernanke, John Thain et al for extortion, conspiracy to commit fraud and the theft of honest services.




You Know It’s Bad When CNBC Comes Out And Says There’s Massive Market Manipulation – June 29, 2009



Stop Spending Our Future - June 28, 2009




Rep. Daryl Issa Accuses Federal Reserve & Treasury of ‘Cover-Up’ in BofA/Merrill Lynch Deal – June 24, 2009



Alan Grayson Letter To Neil Barofsky Requesting Audit of Citi - June 24th, 2009

First, Darrel Issa taking on Bernanke in what may prove a fateful and timely opposition against the Federal Reserve, now Alan Grayson going for Bernanke, Geithner, and Vikram's jugular. Just when it seemed that the D.C.-Wall Street crony alliance would last forever (don't worry Barney, we still love you), opposition voices finally emerge and take on the biggest culprits head on.


The Fed's Emails - June 24th, 2009

At first blush, sentences like "Ken Lewis' claim that they were surprised by the rapid growth of the losses seems somewhat suspect. At a minimum it calls into question the adequacy of the due diligence process BAC has been doing in preparation for the takeover. [As an aside, BAC management told us they could not provide electronic versions of ML files, and one wonders how that is possible since they have been doing the due diligence for months and having e-files would have made that much simpler and more effective for them. May have helped limit their current surprise.]" get the saliva going.


Global Crisis – Is It Over Yet? – June 23, 2009

A slide show presentation by Simon Johnson, MIT Sloan School of Management. Use the arrow buttons to scroll through the slides.
A quote:

Crisis solves nothing: surviving oligarchs stronger


Tea Partiers Resurrect the Toilet Bowl Protest – June 23, 2009

Click the link above for an extensive list of Tea Parties – FIND ONE IN YOUR AREA! GET OUT THERE!

Enthusiastic tea partiers in Virginia have decided to give "imperial leaders" in Washington a seat of power they believe they truly deserve – a portable toilet throne.

Gosh, I wonder where they got the toilet bowl idea? Toilet Bowl Protest Organizer Interviewed - August 18, 2008 - Original AP Story on ABC News


Dylan Ratigan Shows Journalists How It SHOULD Be Done! - June 21, 2009





Web of Debt: The Retreat of The Shadow Lenders: Why Deflation, Not Inflation, Is The Order of The Day – June 18, 2009

While contrarians are screaming “hyperinflation!”, the money supply is actually shrinking. This is because most money today comes into existence as bank loans, and lending has shrunk substantially. That means the Fed needs to “monetize” debt just to fill the breach.


Bailout Nation – HOW MUCH DEBT?!!! – June 18, 2009

It is exceedingly difficult to convey exactly how much we are spending on all these bailouts. Whenever I start talking trillions (versus mere billions), I get puzzled looks from people. Humans have a hard time conceptualizing any number that large. I wanted a graphic way to clearly show how astonishingly ginormous the amounts involved were.

Click the link...if you dare.


How Stimulating Is Stimulus? – June 17, 2009
by Lee E. Ohanian

There are a number of economists who strongly object to even the basic idea that government spending is a useful tool during this crisis. For example, 1995 Nobel Laureate Robert Lucas called multiplier estimates from Economy.com "schlock economics"; John Cochrane of the University of Chicago has called government spending stimulus "a fallacy"; Robert Barro of Harvard called one version of the American Recovery and Reinvestment Act (ARRA) "the worst bill that has been put forward since the 1930s."


Ben Bernanke in 2005 – Clueless, Inept or Lying? – June 10, 2009





House to Subpoena Federal Reserve Over BofA/Merrill Deal – June 9, 2009


The Wall Street Journal is reporting:

U.S. House lawmakers on Tuesday said they would file a subpoena to compel the Federal Reserve to turn over internal notes and emails detailing the central bank's role in encouraging Bank of America Corp. to complete its acquisition of Merrill Lynch & Co.

The House Committee on Oversight and Government Reform, chaired by Rep. Edolphus Towns (D., N.Y.), has asked the Fed to turn over documents requested by the panel last week. The documents requested include emails to and from Chairman Ben Bernanke, as well as handwritten notes from meetings and conversations involving Bernanke, then Treasury Secretary Henry Paulson and Bank of America CEO Kenneth Lewis.

The request is being made ahead of a Thursday hearing in which Mr. Lewis is scheduled to appear before House lawmakers. Congressional investigators have been investigating the details of Bank of America's acquisition of Merrill Lynch, as well as the government's decision to give the company $20 billion in additional government aid in January.

Additionally, lawmakers have been examining testimony given by Mr. Lewis to New York Attorney General Andrew Cuomo in which he suggested top Fed and Treasury officials pressured him to complete the deal for Merrill Lynch despite ballooning losses at the securities firm.

I guess Congress decided it might be uncool for the Treasury and the Federal Reserve to pressure an executive into doing something illegal. Whoddathunk?


Big Banks Send US Treasury Bill for $9Million – For Advice on Crisis – June 7, 2009


The guys that created this mess are now directly billing the US taxpayer for advising the administration and Treasury on how to ‘fix’ the crisis. Nice.


What Stimulus? May Job Losses Worse Than Expected – June 5, 2009


The Unemployment rate change was 60% higher than what was predicted. This is a LARGER increase than from March to April. Good thing we wasted all that money that we didn’t have on stimulus that promised to ‘save or create’ hundreds of thousands of jobs. Keep in mind, the bulk of the auto layoffs have not happened yet.







FedUpUSA
ARCHIVES

What Happened? How did we go from having a ‘sound economy’ to being in the middle of the worst economic crisis since the Great Depression within a matter of weeks? FedUpUSA fills in the blanks and answers questions about how we got here. These pages contain a myriad of resources and information to help inform and educate the American People.

Pre-Bailouts

November 2008 and Earlier

December 2008

January 2009

February 2009

March 2009

April 2009

May 2009





EDUCATIONAL MATERIAL
TODAY'S ECONOMIC SYSTEM


Billions for Bankers – Debts for the People – a handbook to the Federal Reserve and the banking system. http://www.justiceplus.org/bankers.htm




Money, Banking and the Federal Reserve

From the Mises Institute. A video that explains how the Federal Reserve and the banking system works.



An Alternative to Debt-Based Currency - December 7, 2008

For hundreds of years the production of people has been essentially stolen by those who regulate our monetary system. When the monetary system fails, what happens to commerce? What happens to people's ability to earn a living and get what they need in exchange? During the Great Depression, out of pure necessity, a town was able to do business without banks, with no interest being charged in the exchange of people's production and guess what? The town thrived. As more and more fnancial institutions fail and more and more of your money is being given to them, and they fail to loan it back out to the real economy, pursuit of an alternative to this inherently unfair situation seems prudent.
Read More



Debt as Money

View the whole "Debt as Money" video at Google Video.



Inflation

Uncle $crooge McDuck explains inflation to his nephews.






National Debt Clock


Click here for a real time breakdown of where your tax dollars are being spent.






KickThemAllOut



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