Privacy Invasion... "We're here to help."
Ever heard of the Consumer Financial Protection Bureau (CFPB)? Or the Federal Housing Finance Agency (FHFA)? Probably not. But if you have a mortgage on your home then chances are these groups have heard of you. And they want to get to know you better, much better. According to a notice posted on April 16, 2014 in the Federal Register, the FHFA will be gathering and maintaining personal information as part of the “National Mortgage Database Project”. Sounds harmless. Whos
When there’s trouble, bust-out nations and their central banks go to the International Monetary Fund (IMF) to pick up some walking around money. Like a super-national quick-cash store, the IMF is the world’s lender of last resort. When the IMF issues a loan it isn’t denominated in dollars, euros or yen, but in Special Drawing Rights, aka SDRs, the fiat currency issued by the IMF. Economists say that the IMF has the cleanest balance sheet of all the world’s central banks. M