(http://www.TruthBehindTheNews.blogspot.com/)
1. Interest Rates
2. Iranian Nuclear Effort
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1. Interest Rates - Fed Raises Interest Rate on Emergency Loans to Banks
QUESTION:
The Federal Reserve recently announced that it will be raising the interest rates on emergency funds for banks from 0.5 percent to 0.75 percent. The Washington Post claims that this higher rate "probably won't mean higher borrowing costs for ordinary households and businesses." Is the Washington Post being truthful about the effect of this interest rate increase?
(See the news article exerpt below)
ANSWER:
There lies in this issue of raising Bank's rates to borrow in an emergency, something to be aware of in these times. The Federal Reserve may issue their rules, but it is the banking industry that will determine what shall be done in the end of it.
If the banks need capital, they are ones to set the standards of what is really possible for banks to remain stable. In the past months, it has been obvious that the banks are setting the policies. If banks go into receivership, no one, including the Federal Reserve will do well. The Federal Government is afraid that if it does not support the banks, there will be economic reversals that will not bid well for the country as a whole. Therefore, the banks are leading the way as to what will be done regarding all policies that affect them.
Take a look at the "bailouts." You will see just who is in control. If the Banks can not make it in the economy, the Federal Government will not make it either. The Federal Reserve is one to set the standards, but not before they check with all concerned in both banking and government.
The Federal Reserve will not, as it has in the past, make policies that run counter to the needs of the banking industry. The Federal Reserve is treading lightly in these times.
Go in Peace and Love.
News Article:
The Washington Post published this story on February 19, 2010.
The Federal Reserve on Thursday took another step toward winding down its expansive efforts to prop up the financial system, raising the interest rate that banks must pay to take out emergency loans. Banks that need emergency funds through the Fed's "discount window" will now have to pay 0.75 percent, not the 0.5 percent they have been paying. But that higher rate probably won't mean higher borrowing costs for ordinary households and businesses, and the move does not represent an effort by the Fed to drain the money supply. That would be done by raising the federal funds rate, traditionally the Fed's main tool for managing the economy, above its current level near zero, or by raising the rate it pays on bank reserves, now 0.25 percent. But Thursday's step was part of an effort to withdraw the Fed's extraordinary support for the financial system, even as it leaves in place ultra-low interest rates to support the economy more broadly. In 2007 and 2008, the central bank took a string of unconventional steps to try to keep money flowing as banks were suffering a cash crunch and unwilling to lend money to one another.
PLEASE SCROLL DOWN FOR NEXT STORY ON: "IRANIAN NUCLEAR EFFORT"
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2. Iranian Nuclear Effort - Inspectors Say Iran Worked on Warhead
QUESTION:
The New York Times reported on February 19, 2010 that U.N. inspectors have extensive evidence of 'past or current undisclosed activities' by Iran's military to develop a nuclear warhead." This type of news story is the typical way that the "powers that be" use to prepare the public for another war. How likely is it that the world will see a war break out with Iran in the next 1 to 2 years?
(See the news article excerpt below)
ANSWER:
Dear Ones, such as this is simply not the truth!
There have been many opportunities for this country to go into the production of such as these things for war. However, they are ones to know that they would not have a chance to do anything that would truly put them in a better place regarding their world wide events such as this one.
To be ones, in a smaller country to entertain the use of such, and exist afterward as a country, is certainly not expected from them. Iran is one to posture, but they are not well enough positioned politically to follow through and gain anything in the long run for their efforts.
Understand that the USA, and Israel are very well aligned. And should the USA be attacked, Israel with its arsenal will follow through very quickly and attack Iran. They would not allow such as this to go unanswered. Israel knows that if the USA is attacked in any way, they would suffer as well. Therefore, any instance that should show a true threat to attack, Israel would attack first.
Go in Peace and Love.
NEWS ARTICLE:
The New York Times published this story on February 19, 2010.
WASHINGTON - The United Nations' nuclear inspectors declared for the first time on Thursday that they had extensive evidence of "past or current undisclosed activities" by Iran's military to develop a nuclear warhead, an unusually strongly worded conclusion that seems certain to accelerate Iran's confrontation with the United States and other Western countries. The report, the first under the new director general of the International Atomic Energy Agency, Yukiya Amano, also concluded that Iran's weapons-related activity apparently continued "beyond 2004," contradicting an American intelligence assessment published a little over two years ago that concluded that work on a bomb was suspended at the end of 2003. The report confirms that Iran has enriched small quantities of uranium to 20 percent, but makes no assessment of how close it might be to producing a nuclear weapon, which Tehran denies it is seeking to do.
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Mark Hanna - Editor, Researcher
Rene Avery - Journalist
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