Sunday, 29 July 2012

What do the Big Banks do when they're not ripping us off?

What do the Big Banks do when they're not ripping us off, laundering drug money or receiving tax payers handouts?

They subsidize mayhem of course.

Yet another way the too-big-too-fail banks banks spread misery

Video:
http://www.realecontv.com/page/11626.html
Big money in civilian maiming for the bailed out banks
By the way, three countries refuse to even discuss a ban of cluster bombs: Russia, Israel and the good old USA.

Thanks to Real Econ TV for this report.

Friday, 27 July 2012

Consolidating US Money Power: The Four Horsemen of Global Banking

If you want to know where the true power center of the world lies, follow the money - cui bono.  According to Global Finance magazine, as of 2010 the world’s five biggest banks are all based in Rothschild fiefdoms UK and France. 

They are the French BNP ($3 trillion in assets), Royal Bank of Scotland ($2.7 trillion), the UK-based HSBC Holdings ($2.4 trillion), the French Credit Agricole ($2.2 trillion) and the British Barclays ($2.2 trillion).

In the US, a combination of deregulation and merger-mania has left four mega-banks ruling the financial roost.  According to Global Finance, as of 2010 they are Bank of America ($2.2 trillion), JP Morgan Chase ($2 trillion), Citigroup ($1.9 trillion) and Wells Fargo ($1.25 trillion).  Read more...

Wednesday, 25 July 2012

Never thought I'd see the day....

Finally, a banker has been charged with criminal activity. Amazing and yet it's not one of the biggies that engineered the collapse of the US or UK economy but rather the smaller financial backwater of Ireland. We'll see how the story develops, but £10,000 bail for a man who helped bankrupt his country to his and his cronies advantage seems rather tame.

What is a dollar? or a pound note? ever given it a thought?

Audit the Fed part 2

Of course the bill before Congress is from Ron Paul, surely the only honest politican in the Western World. Help him here....

Audit the Fed

There's a growing campaign to put pressure on Congress to start auditing the ultra secret, ultra corrupt Federal Reserve. Join up....

The Fed has never ever been audited!

Amazingly, the agency that controls the US money
supply and feels free to make multi-trillion loans
that taxpayers will be responsible for...has never been
audited.

How can that be?

'This is a privately owned corporation whose shareholders are the same banks that get its handouts' 

http://www.realecontv.com/videos/central-banks/auditing-the-fed.html

Even more amazingly, very few people, especially
the US Congress seems to care.

Tuesday, 24 July 2012

Corporations against us - time to see what the choices really are

Fear Control Mechanism

How do we seperate ourselves from the banks? Can we live without them?

Of course we can live outside of banking structures, it takes more time and effort, but it can be done and in reward, you meet and get to know the people you spend your money with.
Stop using credit cards right now. If you have an internet shopping addiction, use PayPal, if you must buy online.
Move your banking accounts to local community banks, building societies and credit unions. We're all so apathetic, bleating about how the banks get away with extortion, robbery and criminal dishonesty and yet we do nothing about it. If they don't have our money in their accounts, they can't use it to line their gilded nests. Move your accounts and use cash where you can.
I know the government and banks are trying to create a cashless society, resist this and get into bartering, haggling and swapping.
Instead of accepting the bank scams, resist and take action. Together we can change the banking world.

Are we blind? Are we stupid? Or is it we don't want to see the truth?

Icelandic Revolution

In Iceland, the people have made the government resign, the primary banks have been nationalized and it was decided not to pay the debt that these created with Great Britain and Holland due to their bad financial politics, and a public asse...mbly has been created to rewrite the constitution.

And all of this has been done in a peaceful way. A whole revolution against the powers that have created the current crisis.

This is why there hasn’t been any publicity during the last two years: What would happen if the rest of the EU citizens took this as an example? What would happen if the US citizens took this as an example?

This is a summary of the facts:

2008. The main bank of the country is nationalized. The Krona, the currency of Iceland devaluates and the stock market stops. The country is in bankruptcy

2008. The citizens protest in front of parliament and manage to get new elections that make the resignation of the prime minister and his whole government.

The country is in bad economic situation. A law proposes paying back the debt to Great Britain and Holland through the payment of 3,500 million euros, which will be paid by the people of Iceland monthly during the next 15 years, with a 5.5% interest.

2010. The people go out in the streets and demand a referendum. In January 2010 the president denies the approval and announces a popular meeting.

In March the referendum and the denial of payment is voted in by 93%. Meanwhile the government has initiated an investigation to bring to justice those responsible for the crisis, and many high level executives and bankers are arrested.

The Interpol dictates an order that make all the implicated parties leave the country.

In this crisis an assembly is elected to rewrite a new Constitution which can include the lessons learned from this, and which will substitute the current one (a copy of the Danish Constitution). 25 citizens are chosen, with no political affiliation, out of the 522 candidates. For candidacy all that was needed was to be an adult and have the support of 30 people.

The constitutional assembly starts in February of 2011 to present the ‘carta magna’ from the recommendations given by the different assemblies happening throughout the country. It must be approved by the current Parliament and by the one constituted through the next legislative elections.

So in summary of the Icelandic revolution: -resignation of the whole government -nationalization of the bank. -referendum so that the people can decide over the economic decisions. -incarcerating the responsible parties -rewriting of the constitution by its people.

Monday, 23 July 2012

I'm currently updating my book in light of all the incredible banking scandals that have happened recently, from Goldman Sachs installing the heads of government in Italy and Greece to libor and its implications for all of us. It will be re-released soon. If you want to start reading the first few chapters for free, leave a comment below and I'll email to you when I can,

So, so much corruption in this greedy venal world, do your bit to be honest in all your dealings, don't let what they do contaminate your integrity. Be open to seeing beyond the obvious, the truth will out.