Watchman Warning: Derivatives Will Be the Next Bomb to Go Off in the Banking Crisis

HNewsWire Live Stream 24/7 News UpDates and World Events Our materialistic culture, by contrast, believes primarily only in the physical world, either denying or ignoring the spiritual world. The heart of idolatry is looking to sources outside of God for our basic needs and desires in life. The idols that are erected flow out of our experiences in life, and the idol is an attempt to explain life apart from the Creator. HNewsWire: Treasury Secretary Janet Yellen finds herself in a very dubious position. Under the Dodd-Frank financial reform legislation of 2010, the U.S. Treasury Secretary was given increased powers to oversee financial stability in the U.S. banking system. This increase in power came in response to the 2008 financial crisis – the worst financial collapse since the Great Depression. The legislation made the Treasury Secretary the Chair of the…

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