Category: Banksters
The analysis published under this category are as follows.
Wednesday, October 16, 2013
IMF Proposal to Tax Bank Deposits / Politics / Banksters
By: BATR
A report by Agence France-Presse, the International Monetary Fund strongly suggests countries tax the rich to fix deficit, is a caveat for a bigger risk. "The IMF has set off shockwaves this week in Washington by suggesting countries fight budget deficits by raising taxes. In its Fiscal Monitor report, subtitled "Taxing Times", the Fund advanced the idea of taxing the highest-income people and their assets to reinforce the legitimacy of spending cuts and fight against growing income inequalities."
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Wednesday, October 16, 2013
Columbus Day - How Banking Invaded America / Politics / Banksters
By: Adrian_Ash
Miguel Perez-Santalla writes: Think the banking crisis can't be repeated...?
Columbus Day is typically a happy and joyous celebration for Americans wherever they are, not just in the United States, but on all continents.
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Saturday, October 12, 2013
IMF Proposing 10% Supertax Bail-in On All Eurozone Household Savings / Politics / Banksters
By: Raul_I_Meijer
This is a story that should raise an eyebrow or two on every single face in Europe, and beyond. I saw the first bits of it on a Belgian site named Express.be, whose writers in turn had stumbled upon an article in French newspaper Le Figaro, whose writer Jean-Pierre Robin had leafed through a brand new IMF report (yes, there are certain linguistic advantages in being Dutch, Canadian AND Québecois). In the report, the IMF talks about a proposal to tax everybody's savings, in the Eurozone. Looks like they just need to figure out by how much.
Thursday, October 10, 2013
Bail In's the New Meachnisms for Stealing Private Wealth / Politics / Banksters
By: Dan_Amerman
A new method of taking private sector wealth has been spreading around the world this year. This mechanism is called a "bail in", and it is based on the premise that there are certain entities which are too important for the well-being of the general public to allow them to go into bankruptcy or to be liquidated.
The new "twist" is that the entity – which could be a major bank, or it could be the public retirement system for an entire country – is not bailed out through using outside funds from the general public, even though the protection of the general public is the reason for the intervention. Instead, funds are taken from the inside, on an involuntary basis, from selected classes of private sector investors who are judged as having the ability to pay, and the costs of maintaining the viability of this entity for the "greater good" are thereby concentrated in a small part of the private sector.
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Thursday, September 26, 2013
The Perfect Alternative to Wall Street Banks / Politics / Banksters
By: Ellen_Brown
A national postal and infrastructure bank could protect our money, rebuild the nation, and won't cost taxpayers a dime.
The U.S. Postal Service (USPS) is the nation’s second largest civilian employer after WalMart. Although successfully self-funded throughout its long history, it is currently struggling to stay afloat. This is not, as sometimes asserted, because it has been made obsolete by the Internet. In fact the post office has gotten more business from Internet orders than it has lost to electronic email. What has pushed the USPS into insolvency is an oppressive 2006 congressional mandate that it prefund healthcare for its workers 75 years into the future. No other entity, public or private, has the burden of funding multiple generations of employees who have not yet even been born.
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Monday, September 23, 2013
How Interest Rate Swaps Are Crushing America's Cities / Interest-Rates / Banksters
By: Money_Morning
Garrett Baldwin writes: It's something you may not even have heard of, but the massive financial burden of interest rate swaps is pressuring city budgets and pinching taxpayers more every year.
But before I tell you what interest rate swaps are, let me show you how they've affected life in America's largest city - New York.
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Friday, September 20, 2013
U.S. Federal Reserve is the Worlds Greatest Criminal Enterprise / Politics / Banksters
By: Money_Morning
Shah Gilani writes: Ben Bernanke is the don of the greatest criminal enterprise in the world.
And yesterday his made monsters, the Five Families, lined up to kiss his ring, again.
By not "tapering" or reducing the $85 billion a month ($45 billion in Treasuries and $40 billion in agency mortgage-backed securities) the Fed is buying from banks, the Fed is saying to its hit men, "We are family, and as long as Johnny Law is coming after you, we've got your back."
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Thursday, September 05, 2013
Syria War - Wall Street’s Secret “Economic Endgame”: Making the World Safe for Banksters / Politics / Banksters
By: Ellen_Brown
Iraq and Libya have been taken out, and Iran has been heavily boycotted. Syria is now in the cross-hairs. Why? Here is one overlooked scenario . . .
In an August 2013 article titled “Larry Summers and the Secret ‘End-game’ Memo,” Greg Palast posted evidence of a secret late-1990s plan devised by Wall Street and U.S. Treasury officials to open banking to the lucrative derivatives business. To pull this off required the relaxation of banking regulations not just in the US but globally. The vehicle to be used was the Financial Services Agreement of the World Trade Organization.
Wednesday, September 04, 2013
Chinese Banks Quasi Government Institutions / Politics / Banksters
By: BATR
When is a bank an appendage of state? In China, the incorporation of commercial banking under the auspice of governmental policy is virtually indistinguishable. Philosophically, any government should have control of their currency and structure the precepts of banking and lending system. Capitalist banking would command a greater pragmatic function if competition among banks was based upon free enterprise. However, under the central banking scheme governments regulate banks, but are creatures of fractional reserve debt money issued by central bank parentage. The Chinese way has included a touch of mystery when analyzed within the context of western international banking.
Thursday, August 29, 2013
Stay Away From Bankers - They’re Your Deadly Enemies / Politics / Banksters
By: Richard_Daughty
I’m back, and finally calmed down, from my disastrous trip to the bank. I’ve never been so angry and humiliated in my life, even including that embarrassing time in the seventh grade when the beautiful Jennifer, whom I deeply, deeply loved more than life itself, told Mary Sue, who told Marcie, who told her boyfriend Mark, who told Todd, who told Bob, who told me, and now everybody knew, that she thinks I’m icky.
Saturday, August 24, 2013
Your Money Is Not Safe In The Big Banks / Politics / Banksters
By: Rudy_Avizius
Most people think that money is safe in the big banks because the FDIC will protect the deposits. This assumption is not based on the facts. This video will show official government documents that describe the plans for confiscating deposits when (not if) a big bank fails. Individual, as well as public funds from municipal, university, county deposits are at serious risk.
Wednesday, August 21, 2013
Global investment banks Stand Convicted, of taking the Hypocritic Oath / Politics / Banksters
By: John_Mauldin
By Grant Williams
(Wikipedia): The Hippocratic Oath is an oath historically taken by physicians and other healthcare professionals swearing to practice medicine honestly. It is widely believed to have been written either by Hippocrates, often regarded as the father of western medicine, or by one of his students. The oath is written in Ionic Greek (late 5th century BC), and is usually included in the Hippocratic Corpus. Classical scholar Ludwig Edelstein proposed that the oath was written by Pythagoreans, a theory that has been questioned due to the lack of evidence for a school of Pythagorean medicine. Of historic and traditional value, the oath is considered a rite of passage for practitioners of medicine in many countries, although nowadays the modernized version of the text varies among them.
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Thursday, August 15, 2013
How JPMorgan and the London Whale Can Sink Your Stocks Portfolio / Companies / Banksters
By: Money_Morning
Greg Madison writes: In the spring of 2012, JPMorgan Chase & Co.'s (NYSE: JPM) not-so-rogue trader, Bruno Iksil, better known as the London Whale, made a series of derivatives trades on credit default swaps that only appeared to be unauthorized.
In reality, those trades were just one side of JPMorgan betting against the other in a doom struck hedging strategy.
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Tuesday, August 13, 2013
Bank of America and JPMorgan - How Illegal Activity Pays / Companies / Banksters
By: Money_Morning
Greg Madison writes: What a surprise. The big banks are not playing by the rules -- the rule of law, that is.
News last week revealed that Bank of America Corp. (NYSE:BAC) and JPMorgan Chase & Co. (NYSE:JPM) are dirty, dirty, dirty.
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Saturday, August 03, 2013
Fabulous Liabilities For 'Fab' Tourre / Politics / Banksters
By: Andrew_McKillop
UNAMIMOUS JURY
A nine-member federal jury in Manhattan on July 31 unanimously found Fabrice “Fabulous Fab” Tourre guilty on 6 of 7 counts of fraud brought against him by the US Securities and Exchange Commission, the financial sector watchdog. The former Goldman Sachs Group Inc. trader was accused of misleading certain participants in a 2007 “crisis-era” deal that cost them $1 billion, and resulted in the Paulson & Co hedge fund gaining more than $1 billion.
Tuesday, July 16, 2013
Goldman Sachs Re-Writing History - Fabulous Fab And The Abacus 2007 Story / Companies / Banksters
By: Andrew_McKillop
OPEN HEART HONESTY FROM GOLDMAN SACHS
Goldman Sachs has an army of very smart contract writers, to drag in what Fabrice 'Fabulous Fab' Tourre might well call “les pigeons” in French. The easy hits.
Styled as an ace concocter of financial algorithms, like Abacus 2007, the heads of these creative contract writers are however nearly always close-linked to their really vital parts. The UK Daily Telegraph, 12 July, revealed that: “Emails between Fabrice “Fabulous Fab” Tourre and his girlfriend Marine Serres - a mix of pillow talk and fears over the future of the US mortgage market - have been released by Goldman Sachs in a bid to clear its name over US fraud allegations”.
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Friday, July 12, 2013
Confiscation of Retirement Accounts - Another Brick in the Wall / Politics / Banksters
By: Andy_Sutton
For the past few months we have been sounding the alarm both separately and collaboratively regarding the impending (although not necessarily imminent) looting of the Western financial system including bank accounts, public pension funds, and likely private retirement accounts to some extent. With regard to the bail-in doctrine now in place in much of the rest of the world, it appears as though Australia is jumping on board as well - as part of the 2013-2014 government budget no less. Details are still sketchy, but we’ll analyze what we have so far.
We remain absolutely convinced that a minimum of 95% of the people will do absolutely nothing. Most of them will not become familiar with the term ‘bail-in’ until it is already too late. We can’t do a thing about that. What is most depressing is that of the numerous people we have talked to who actually understand what is going on, the vast majority of them have also done nothing. Now is not the time to have that deer in the headlights, over analysis paralysis mindset.
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Saturday, July 06, 2013
Think Your Money is Safe in an Insured Bank Account? Think Again / Politics / Banksters
By: Ellen_Brown
A trend to shift responsibility for bank losses onto blameless depositors lets banks gamble away your money.
When Dutch Finance Minister Jeroen Dijsselbloem told reporters on March 13, 2013, that the Cyprus deposit confiscation scheme would be the template for future European bank bailouts, the statement caused so much furor that he had to retract it. But the “bail in” of depositor funds is now being made official EU policy. On June 26, 2013, The New York Times reported that EU finance ministers have agreed on a plan that shifts the responsibility for bank losses from governments to bank investors, creditors and uninsured depositors.
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Wednesday, July 03, 2013
The Big Banks On Trial, Again / Politics / Banksters
By: Money_Morning
Shah Gilani writes: You want to know why the entire global financial system almost collapsed in 2008?
There seems to be a simple answer. Not encouraging, but simple: The European Commission is exploring the possibility that there was a conspiracy among 13 of the world's major banks that colluded to keep the entire house of cards a secret.
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Sunday, June 30, 2013
Gambling Banksters - How Many Warnings Do You Need? / Politics / Banksters
By: Rudy_Avizius
If you knew someone with a gambling problem, you probably would not give them your money to hold. If you knew that they had placed bets that were 30 to 70 times more than the amount of money they had, you would certainly consider them totally reckless. If you knew that the money they were holding and betting with was with borrowed money, other peoples’ money not their own, you would probably conclude that they are hopelessly addicted to money. Remember these thoughts as you continue to read this article.Read full article... Read full article...