TV News LIES

Wednesday, Dec 25th

Last update09:45:43 AM GMT

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Make no mistake and your rate can still spike

You pay on time and stay within your limit, and your rate can still spike. How can that possibly happen?

Credit card companies are always coming up with new ways to make money. Slip up and they'll bump up your interest rate. But the latest gotcha takes the cake.

Make companies now put language in their contracts that gives them the right to change your interest rate whenever they feel like it.

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Citigroup's $1.1 Trillion of Mysterious Assets Shadows Earnings

Nowhere mentioned in the accompanying 66-page handout were the additional $1.1 trillion of assets that New York-based Citigroup keeps off its books: trusts to sell mortgage-backed securities, financing vehicles to issue short-term debt and collateralized debt obligations, or CDOs, to repackage bonds.

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Employers use federal law to deny benefits

The story has played out often under the federal Employee Retirement Income Security Act. Designed to protect employee benefits, the law has been used by employers as a shield against suits.

Federal appeals courts, interpreting Supreme Court decisions dating to 1993, consistently have said companies that offer health, life and retirement benefits under ERISA cannot be sued for large amounts of money, or damages. Instead, they can be sued only for typically smaller sums such as Amschwand's insurance premiums.

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Collectors Cost IRS More Than They Raise

The Internal Revenue Service expects to lose more than $37 million by using private debt collectors to pursue tax scofflaws through a program that has outraged consumers and led to charges on Capitol Hill that the agency is wasting money for work that IRS agents could do more effectively.

TVNL Comment: Privatization is all about looting the nation. That's it. This is the Republican agenda...to steal everything that exists! Nobody hates democracy more than Republicans.

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ARE YOU A SLAVE?

THIS FREE WEBSITE WILL PROVE CONCLUSIVELY, USING WELL RESEARCHED DOCUMENTS (MANY FROM THE FEDERAL RESERVE SYSTEM AND MEMBER BANKS) THAT YOU MOST CERTAINLY ARE NOT BEING PAID, HAVEN'T BEEN PAID, NOR ARE PAYING FOR ANYTHING SINCE JUNE 24TH, 1968 BY AN  ACT OF CONGRESS.

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Court Rules Federal Reserve is Privately Owned

Below are excerpts from a court case proving the Federal Reserve system's status. As you will see, the court ruled that the Federal Reserve Banks are "independent, privately owned and locally controlled corporations", and there is not sufficient "federal government control over 'detailed physical performance' and 'day to day operation'" of the Federal Reserve Bank for it to be considered a federal agency:

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Is Cheney betting On Economic Collapse?

Well, as it turns out, Kiplinger Magazine ran an article based on Cheney's financial disclosure statement and, sure enough, found out that the VP is lying to the American people for the umpteenth time. Deficits do matter and Cheney has invested his money accordingly.

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