FINANCIAL   CRICIS

  Home    Headline News    Occult Agenda    Japanese Holocaust.    Site Index  
   

 

 

 

 

 
 
 
After they killed the Dollar : Amero
 
 
The North American currency unionis a controversial proposal in which the three principal countries of North America, namely Canada, the United States and Mexico, would share a common currency.  Implementation would probably involve the three countries giving up current currency units (Canadian dollar, US dollar andMexican peso) and adopting a new one, created specifically for this purpose. The hypothetical currency for the union is sometimes referred to as the amero.  The concept is modeled on the common European Union currency (the euro) and it is argued to be a natural extension of NAFTA. Conspiracy theorists contend that the governments of the US, Canada, and Mexico are already taking steps to implement such a currency.
 
 
The idea for a North American currency union was first proposed in 1999 by Canadian economist Herbert G. Grubel. A senior fellow of the Fraser Institute think-tank, he published a book entitled The Case for the Amero in September1999, the year that the euro became a virtual currency. Another Canadian think-tank, the conservative C.D. Howe Institute, advocates the creation of a shared currency between Canada and the United States.
 
After the report came out, centre-left nationalist groups in Canada expressed their opposition to any currency union because they view it as an attempt by American businesses to gain access to Canada's extensive natural resources while dismantling the nation's social services.  The 100,000 member strong Council of Canadians, a progressive advocacy group, has declared one of its central issues to be the threat of "deep integration."
 
The idea envisioned a currency union of the amero would mix the two dollars, and the peso, or it could also simply be dollarization of the American currency.
 
 
Some assert that having a single North American currency would be unconstitutional under the current U.S. constitution under Article 1, Section 8; which states that the United States Congress has the right to “coin money, regulate the value thereof, and of foreign coin, and fix the standard of weights and measures;”.

 

This concern rests on the contention that the Federal Reserve, created in 1913, is unconstitutionally issuing and regulating American currency as it is a quasi-government entity and not part of the legislative branch of the United States government. While physical U.S. Dollars are issued by the Department of the

 

Treasury (in paper form by the Bureau of Engraving and Printing, in coin form by the U.S. Mint), most dollars in existence are not in physical form, and the value of the dollar is largely controlled by the actions of the Federal Reserve in lending and purchasing government securities.

 
 

The Federal Reserve Bank is a consortium of 9  associated banks with the Rothschilds at the head:

 

$1. Rothschild Banks of London and Berlin

$2. Lazard Brothers Banks of Paris

$3. Israel Moses Seif Banks of Italy

$4. Warburg Bank of Hamburg and Amsterdam

$5. Lehman Brothers of NY

$6. Kuhn, Loeb Bank of NY (Now Shearson American Express)

$7. Goldman, Sachs of NY

$8. National Bank of Commerce NY/Morgan Guaranty Trust (J. P. Morgan Bank - Equitable Life - Levi P. Morton are principal shareholders)

$9. Hanover Trust of NY (William and David Rockefeller & Chase National Bank NY are principal shareholders). Here & Here

 
 

 

Meltdown - The Men Who Crashed the World

 

 

November 17th 2011

 

 

CONTAGION: EUROPE ON THE BRINK AS DEBT CRISIS SPREADS TO SPAIN

 

 

The rise in borrowing costs for Spain and Italy are creating panic because the countries are seen as too big to bail-out and could crash the eurozone.

The weak sentiment hit oil prices, with Brent crude oil down 1 per cent at 109.5 dollars a barrel, while the US currency, which is seen as a safe haven amid the chaos, rose on foreign exchange markets.

Kathleen Brooks, of Forex.com, said: "Expect a lot of volatility in the markets for as long as Spain remains under pressure

 

November 18th 2011

 

The next financial crisis will be hellish, and it’s on its way

 

"There is definitely going to be another financial crisis around the corner," says hedge fund legend Mark Mobius, "because we haven't solved any of the things that caused the previous crisis."

We're raising our alert status for the next financial crisis. We already raised it last week after spreads on U.S. credit default swaps started blowing out. We raised it again after seeing the remarks of Mr. Mobius, chief of the $50 billion emerging markets desk at Templeton Asset Management.

Speaking in Tokyo, he pointed to derivatives, the financial hairball of futures, options, and swaps in which nearly all the world's major banks are tangled up.

Estimates on the amount of derivatives out there worldwide vary. An oft-heard estimate is $600 trillion. That squares with Mobius' guess of 10 times the world's annual GDP. "Are the derivatives regulated?" asks Mobius. "No. Are you still getting growth in derivatives? Yes."

 

November 18th 2011

 
David Icke take on 'Occupy Revolution' [HD] Wall Street part of Giant Ponzi Scheme Fiat Money System
 
 

October 23th 2011

 

HOW BANKRUPT GOVERNMENTS WILL CONFISCATE YOUR GOLD

 

About two weeks ago, GoldMoney sent out an apologetic email to all of its Dutch customers. The email explained how the Dutch financial regulator (AFM) considered GoldMoney to be in violation of various licensing rules and compliance requirements.

Among other things, AFM indicated that GoldMoney was selling ‘investment objects’ without a license… something that they consider a heinous breach of their silly bureaucracy.

Now, there are so many technicalities involved here– whether physical metal constitutes ‘investment objects’ anymore than a collection of 80s action figures or a cellar of fine Bordeaux. Then there’s the jurisdictional issue– GoldMoney doesn’t even operate in the Netherlands, nor does the company sell its own inventory. Etc., etc.

 

  • October 13th 2011

 

The men who crashed the world

 
 

In the first episode of Meltdown, we hear about four men who brought down the global economy: a billionaire mortgage-seller who fooled millions; a high-rolling banker with a fatal weakness; a ferocious Wall Street predator; and the power behind the throne.

The crash of September 2008 brought the largest bankruptcies in world history, pushing more than 30 million people into unemployment and bringing many countries to the edge of insolvency. Wall Street turned back the clock to 1929.

But how did it all go so wrong?

Lack of government regulation; easy lending in the US housing market meant anyone could qualify for a home loan with no government regulations in place.

Also, London was competing with New York as the banking capital of the world. Gordon Brown, the British finance minister at the time, introduced 'light touch regulation' - giving bankers a free hand in the marketplace.

All this, and with key players making the wrong financial decisions, saw the world's biggest financial collapse

 
 
  • October 6th 2011
 
 
Bloomberg reveals massive corruption in the private Federal Reserve
 
 
 
 
When the mainstream media is reporting stories like this, you know it is so serious that it cannot be ignored, even if they wanted to.
Today Bloomberg has revealed that the “Wall Street Aristocracy” received a staggering $1.2 trillion in loans. Yes, you read that right: $1.2 trillion.
The private Federal Reserve calls these hand-outs to their corporate cronies “emergency loans” but in reality they are nothing more than friends giving friends unfathomable amounts of money in order to “keep the economy from plunging into depression”.
Of course Federal Reserve Chairman Ben Bernanke and Bloomberg opt to characterize the giveaway of public funds as legitimate “unprecedented efforts” to help our withering economy, when this is far from the case as we have seen from the entire “stimulus” package that has just driven American deeper into the black hole of debt.
 
August 23th 2011
 
'Euro on edge, will collapse by November if no new crisis plan'
 
 
August 9th 2011
 
'Global market crisis manmade'
 
 
August 6th 2011
 
 

WAKE UP AMERICA! - The Real U.S. Budget Problem: Defense & War Spending Equal 94% Of All Federal Income Tax Revenues

 
 
 

 

This kind of puts things in perspective. In 2010, the US government collected $898 billion in federal income tax revenues. The same year, we spent $847 billion on useless wars and national defense. That means that 94% of all federal income tax revenue is equivalent to what we spend on the Pentagon. Who out there thinks it was money well spent?

 
July 28h 2011
 

The Federal Reserve you got owned

 

 
 
July 27h 2011
 
Banned US Commercial about the national debt
 
 
A new television ad about the U.S. national debt produced by Citizens Against Government Waste has been deemed "too controversial" by major networks including ABC, A&E and The History Channel and will not be shown on those channels. The commercial is a homage to a 1986 ad that was entitled "The Deficit Trials" that was also banned by the major networks. Apparently telling the truth about the national debt is a little too "hot" for the major networks to handle. But perhaps it is time to tell the American people the truth. In 1986, the U.S. national debt was around 2 trillion dollars. Today, it is rapidly approaching 14 trillion dollars. The American Dream is being ripped apart right in front of our eyes, but apparently some of the major networks don't want the American people to really understand what is going on.
 
July 23h 2011|
 
 

The debt crisis crippling the Eurozone could trigger an ‘earthquake’ that slashes hundreds of billions of pounds off the global economy, the world’s financial watchdog warned last night.

The International Monetary Fund urged European leaders to rescue Greece and stop the shockwaves spreading to some of the region’s largest economies, including Italy and Spain, and the rest of the world.

‘It would be very costly not just for the Eurozone but for the global economy to delay tackling the sovereign crisis,’ said Luc Everaert, head of the IMF in the single-currency bloc.

 

July 21h 2011
 
Cash In On Chaos: Goldman Sachs ripped off Gaddafi?
 
 
Libya could be another name on the list of alleged victims of the U.S. giant investment bank Goldman Sachs. The bank is being investigated by the American Government for its part in the financial crisis. It's supposedly lost a one billion dollar investment made by Tripoli three years ago.

July 19h 2011
 
Economic Collapse -- Why It Won't Be Stopped
July 19h 2011
 
 
Italy’s 2400 tons of gold: Real target of ‘IMF terrorists’?
 
 
 
 
July 15h 2011
 
The size of Greece's debt
 
 
July 12th 2011
 
 
Banks foreclose on homes that they don't own
 
 
June  4th 2011
 
 

Warning Signs of a Coming Currency Crisis

 

Gold hit an all-time high this week—again.  The yellow metal briefly topped $1,500 an ounce before falling back down a few dollars.  The world has become increasing nervous about the size of the growing U.S. debt.  Just this week, America’s debt topped $14.3 trillion (also an all-time high) which is close to the limit Congress can legally borrow. A recent CNSNews.com report shows why the $38 billion, that was just cut, is a drop in the budgetary bucket.  The report said, “Friday’s $34.54-billion jump in the national debt almost equaled the $38.5 billion the Republican House leadership said would be cut from spending for the remainder of this fiscal year by the continuing resolution that the Congress passed on Thursday and President Obama signed Friday.  The federal government is now perilously close to hitting its legal limit on debt.” (Click here for the complete CNSNews.com story.) Odds are the debt ceiling will be raised by more than $1 trillion.  Meanwhile, the Fed is printing more than $75 billion a month to finance 70% of the U.S. budget.  The math of this screams currency crisis 2011!

 

 

April 21th 2011|

 
 

Charlie Rose Interviews Charles Ferguson on his documentary 'Inside Job'
 
 

March 3th 2011|

 
 

$1.4 MILLION PER PAGE: How Ireland Paid Merrill Lynch For "Advice" That Bankrupted A Nation

 

Ireland's Finance Minister, Brian Lenihan learned banking and finance at the kitchen table, two days after Lehman failed. All he knew when he first sat down was that Alan Greenspan was God.

The incompetence of central bankers and finance ministers over the past few years has been breath-taking, but Ireland's Minister for Finance, Brian Lenihan, takes the golden biscuit for sheer ineptitude.

From David McWilliams' recent book, Follow The Money: The Tale of the Merchant of Ennis, we learn that Lenihan, a lawyer by training, received his firstlessons in banking and finance at McWilliams' kitchen table - on the 17th of September 2008.

Before that, McWilliams tells us, Lenihan had learned everything he knew about finance from a biography of Alan Greenspan(!) that he had picked up over the summer. We learn that Lenihan had no idea that Irish banks were in trouble until after the failure of Lehman Brothers just two days before

 

March 1th 2011|
 
 
 

BANKERS GONE WILD - HOW THE US GOVERNMENT HELPED WALL STREET GANG-RAPE AMERICA'S MIDDLE CLASS
 
 

This story begins back before the United States was the United States.

The original thirteen colonies printed their own currency, and it worked very well at empowering commerce and turning the young America into a powerful growing economy, free of the poverty and unemployment that even then crippled London. But the bankers of Europe, long used to private banks issuing the public currencies, were horrified by the
American approach and saw it as a threat to their deeply cherished religious belief that the gods intended for the bankers to have all the wealth of the world. So, the Bank of England lobbied King George III to impose the Currency Act on the colonies, which forbade the colonies to use their own money and required them to borrow their lawful tender from the Bank of England, at interest.

 

February 4th 2011|

 

 

How The Federal Reserve And The Zombie Banks Are Monetizing The National Debt Right Before Your Eyes

 

Governments spend money. They spend money on social programs to keep the people docile and happy, wars to keep up the illusion of safety and security, and—almost as an afterthought—infrastructure. Ordinarily, they get the money for all of these things from taxes and other fees that the government collects.

On the other hand, central banks print money. Most of the world’s economies depend on fiat currency—currency that has value because someone says it has value. The person who says it has value is the central bank. They are the custodians of the currency—they take care that it retains its value.  

 

January 25th 2011  

 

 

Nick Clegg signals support for banks breakup

 

Nick Clegg today indicated the government would back a breakup of the banks to "make them safe" and protect the British economy from having to bail them out again.

The deputy prime minister said there was a "very strong case" for separating high-risk "casino" banking from low-risk high street banking to ensure banks were no longer "too big to fail".

His comments come after the head of the independent review into banking, Sir John Vickers, indicated he would recommend an overhaul of the banks.

Clegg insisted the issue was more important than the so-called Merlin project – the talks with the banks over bonuses, disclosing executive pay, contributing to a "big society" bank and lending more to firms. Those talks are reported to have foundered, and an announcement that had been expected tomorrow has been postponed. Labour claimed that Clegg was attempting to deflect attention from the stalled talk while treasury sources insisted they were still considering options to "get the best deal for the taxpayer".

 

January 24th 2011  

 

 

National Debt. To whom do we owe it?

 

 

January 14th 2011 

 

Rothschilds AND Goldman Sachs Are Both On The LIST Of Billionaire Bondholders Gettting Bailed Out In Ireland

 

Of the 80 listed companies only 7 listed pensions and being a cooperative savings institution. Of those only 4 listed churches and unions as their clients, the others could well have been big pension funds. The churches and unions in question were in Germany not Ireland.  Those seven companies are amongst the smallest of Anglo Irish's bond holders.  I only have figures for four of the seven.  The largest, Union Investments of Germany, has a mere €165 billion in assets under management. 

The total assets under management which I was able to compile from publicly available figures is €20,871,150,000,000.   That is an underestimate because the bond holders who turn out to be Private and Swiss banks don't publish any figures.  So Anglo Irish's 'bond holders' hold and invest MORE than 20.8 trillion euros.  Guido lists those bond holders as holding between them 4 Billion euros in Anglo Irish bonds.

 

December 18th 2010  

 

 

France has Now Grabbed Their People's Pension Funds to Give to Banks and Their Debt - Joining Hungary and Ireland -

 

Seems all over the world countries are grabbing their People's Pension and Retirement accounts, they pass the laws very fast and spring the surprise on their people.  France has just joined the fray of taking their people's retirement accounts to give to the banks and buy the countries bonds.  They have taken 36 Billion of people's Pension and retirement accounts.portion from above link:

Asset managers will have the chance to get billions of euros in mandates in the next few months for the €36bn Fonds de Réserve pour les Retraites (FRR), the French reserve pension fund, after the French parliament last week passed a law to use its assets to pay off the debts of France’s welfare system.

About Hungary taking their people's pension funds.

Ireland too is talking about taking their people's pensions and giving it to the banks.

Portion from above link:

Fine Gael, Labour and Sinn Féin attacked the intention to use the National Pension Reserve Fund to help provide a further €10 billion in further capital for the banks. In total, the banks could end up getting another €35 billion if their losses are bigger than expected.

 

Ncvember 30th 2010  

 

Hasta La Vista: 100,000 mortgage files missing in US

 
 

Ncvember 30th 2010  
 

 

Irish Pension reserve funds to be spent on banks

 

UP to €15 billion from the National Pensions Reserve Fund, set aside when the Celtic Tiger was still roaring, is likely to be used to recapitalise three of the country’s banks.
Amid speculation last night that the rate of interest to be charged on the EU/IMF bailout could be as much as 6.7%, Fine Gael’s finance spokesman Michael Noonan said that kind of rate was "far too high" and unaffordable on any reasonable projection of growth.
The Department of Finance said the interest rate had still not been finalised, but given that much of the loan would be repayable over nine years the rate could be higher than the 5.2% charged to Greece but would not be as high as the 6.7% being quoted by some brokers.
Meanwhile, Anglo Irish Bank, which was downgraded to junk status yesterday evening, is expected to be closed swiftly, together with the Irish Nationwide Building Society, under the EU/IMF loan plan.

 

Ncvember 29th 2010 

 

Sir EVELYN DE ROTHSCHILD talks about the GLOBAL FINANCIAL CRISIS

 

 

 Sir EVELYN DE ROTHSCHILD talks about the global financial crisis to the BBC in October 2008...

In 2003, following the retirement of Sir Evelyn de Rothschild as head of N M Rothschild & Sons of London, the English and French firms merged to become one umbrella entity called "Group Rothschild."  Ownership was shared equally between the French and English branches of the family under the leadership of David de Rothschild.  In 2007, the English branch sold their share to the French branch.  The French branch now fully own N M Rothschild & Sons.

«Rothschild Bank AND Goldman Sachs Are Both On The LIST Of Bondholders Getting U.S. Taxpayer Billions In Irish Bailout»

 

Ncvember 26th 2010  

 

 

Georgetown Professor Tells Congress: "Citigroup, Bank Of America, JPMorgan & Wells Fargo Are All INSOLVENT"

 

 

Ncvember 20th 2010  

 

 

Gerald Celente: Scenario set up for next war

 

 

 

Ncvember 15th 2010

 

 

THE LOOTING OF SOCIAL SECURITY TO BALANCE THE FEDERAL BUDGET

 

HOLLINGS: Well, the truth is...ah, shoot, well, we all know there's Washington's math problem. Alan Sloan in this past week's Newsweek says he spends 150%. What we've been doing, Mr. Chairman, in all reality, is taken a hundred billion out of the Social Security Trust Fund, transferring it over to the spending column, and spending it. Our friends to the left here are getting their tax cuts, we getting our spending increases, and hollering surplus, surplus, and balanced budget, and balanced budget plans when we continue to spend a hundred billion more than we take in.

 

 

Ncvember 12th 2010  

 

 

We Haven't Forgotten HENRY PAULSON -- Meet Hank The Hammer and His Tax-Free $700 Million
 

We haven't forgotten the crimes against humanity of former Goldman Sachs CEO Henry Paulson and his tax-free $700 million.  We put everything that's important about your former TARP-loving Treasury Secretary into a 90-second comedy short.  Take a look!

Read about Paulson's role in the SEC rule change that allowed leverage to explode on Wall Street.  This single act played a devastating, but rarely-mentioned role in bringing down the system.


 

October 23h 2010

 
 
INSIDE JOB: New Documentary Exposes How 'Banksters' Continue To Steal Our Money

 

 

October 22h 2010

 
Webster Tarpley: “There’s a currency war!”

 

While developing economies such as BRIC continue to grow, can they ever have a say at the IMF and World Bank? As currency wars continue to wage on will the world ever be able to get off the dollar? Webster Tarpley says the US owns 17% of the vote in the IMF; however developing countries are a center of resistance now.

 

 

October 12th 2010  

 

 

Breakaway Economy: Rising powers seek split from States

 

 

October 10th 2010  

 

 

Banks foreclose on homes that they don't own
 
 
October 4th 2010

 

'America will collapse'  (? )

 

 

 

September 25th 2010

 

 

Sarkozy: Tax the banks!

 

 

September 24th 2010  

 

 

Banks win WE lose

 

 

September 23th 2010

 

 

Gold Plated Tungsten Bars- Biggest Financial Swindle In History?

 

 

September 19th 2010  

 
 

THE SECRETS TEN STATES & WALL STREET DON’T WANT YOU TO KNOW

 

Secrecy and greed are polluting the Regional Greenhouse Gas Initiative, the nation’s first mandatory cap-and-trade system.  Under the RGGI scheme, the smell of profiteering is powerful.  New Jersey and nine other Northeast states have sold $729 million in carbon dioxide permits since 2008.

The bidders at RGGI auctions include Goldman Sachs, Morgan Stanley, Merrill Lynch, JPMorgan Chase and other Wall Street heavyweights.  They hope to make big money by speculating on the price of permits, called allowances. Electric power plants are required to obtain an allowance for each ton of CO-2 they emit.

But exactly who is buying what at these auctions?  How much of the carbon market have they cornered?  What effect will the wheeling and dealing have on the electricity bills paid by consumers?

That’s none of our business, according to the bureaucrats in charge.  They denied New Jersey Watchdog’s Open Public Records Act requests for auction details, contending the bidders’ “expectation of privacy” and “trade secrets” outweigh the public right to know.

RGGI executive director Jonathan Schrag claims RGGI is not a “public body” subject to state open records laws – even though it’s a non-profit cooperative created and governed by the states of New Jersey, New York, Connecticut, Massachusetts, Maine, Rhode Island, New Hampshire, Vermont, Delaware and Maryland.

 

September 15th 2010  

 
 
Doomsday warnings of US apocalypse gain ground

 

Economists peddling dire warnings that the world's number one economy is on the brink of collapse, amid high rates of unemployment and a spiraling public deficit, are flourishing here.

The guru of this doomsday line of thinking may be economist Nouriel Roubini, thrust into the forefront after predicting the chaos wrought by the subprime mortgage crisis and the collapse of the housing bubble.

 

"The US has run out of bullets," Roubini told an economic forum in Italy earlier this month. "Any shock at this point can tip you back into recession."

But other economists, who have so far stayed out of the media limelight, are also proselytizing nightmarish visions of the future.

Boston University professor Laurence Kotlikoff, who warned as far back as the 1980s of the dangers of a public deficit, lent credence to such dark predictions in an International Monetary Fund publication last week.

 

September 14th 2010  

 

 

Federal Reserve - The Biggest Scam In History

 

Just in case you didn't know the Federal Reserve is a private company of bankers with twelve branch banks that confiscate our money and they have been doing this for almost a hundred years,--- this time! They are not part of the United States Government.  Yet today they collect hundreds of billions of dollars from American taxpayers every year.

Pay attention now, you're about to read about the biggest and most successful scam in History

 

September 13th 2010

 

 
The great American fraud factory

 

 
This week Max Keiser and co-host Stacy Herbert look at Tier Terra and future crimes. In the second half of the show, Max talks to former banking regulator William K. Black about rackets and fraud in the financial sector.
 
August 17th 2010

 
 
Is an International Financial Conspiracy Driving World Events?

 

"They make a desolation and call it peace." -Tacitus

Was Alan Greenspan really as dumb as he looks in creating the late housing bubble that threatens to bring the entire Western debt-based economy crashing down?

Was something as easy to foresee as this really the trigger for a meltdown that could destroy the world’s financial system? Or was it done, perhaps, "accidentally on purpose"?

And if so, why?

 

August 16th 2010

 
 
 

One thing that the Rothschild dynasty has done quite well, is hide its control over and involvement in the United States. First came the nation's financial affairs:


"J.P. Morgan had been appointed head representative of the Rothschild interests in the United States. As the result of the London Conference, J.P. Morgan and Company of New York, Drexel and Company of Philadelphia, Grenfell and Company of London, and Morgan Harjes Cie of Paris, M.M. Warburg Company of Germany and America, and the House of Rothschild were all affiliated."


Apparently unaware of the Peabody connection with the Rothschilds and the fact that the Morgans had always been affiliated with the House of Rothschild, Carr supposed that he had uncovered this relationship as of 1899, when in fact it went back to 1835.

 

August 11th 2010

 
 
Michael Moore Interviews Elizabeth Warren

 

 

July  22th, 2010

July  22th,

 

 

Capitalism Hits the Fan: A Lecture on the Economic Meltdown - Preview
 

 

With breathtaking clarity, renowned UMass Economics Professor Richard Wolff breaks down the root causes of today's economic crisis, showing how it was decades in the making and in fact reflects seismic and systemic failures within American-style capitalism as a whole. Wolff traces the source of the economic crisis to the 1970s, when wages began to stagnate and American workers were forced into a dysfunctional spiral of borrowing and debt that ultimately exploded in the mortgage meltdown. By placing the crisis within this larger historical and systemic frame, Wolff argues convincingly that both the government "bailouts" and calls for increased market regulation will not be enough to address the real causes of the crisis - in the end suggesting that more fundamental changes will be necessary to avoid future catastrophes.

 

July 6th, 2010 

 
 

Goldman Sachs the center of Capitol Hill circus

 
 

Goldman Sachs executives faced questioning in the US Senate today, but the media circus surrounding the hearing was more interesting than what was going on inside

 

 
 
Massive government corruption hidden by focus on Goldman-Sachs
 

 
The current government of the United States of America under the leadership of Barack Obama and the Democrat-controlled Congress is the single most corrupt entity in the nation, worse than all of the private sector scandals combined.
One would be hard-pressed to find an era of U.S history when government was any more corrupt than it is at present.
The manner in which Obama and Congress passed the healthcare bill is a case in point, but only the tip of the iceberg.  ObamaCare was approved by the use of bribes, buy-offs, under-the-table deals, preferential treatment given to politicians sitting on the fence, etc., etc.
Ben Nelson, Blanche Lincoln, Mary Landrieu, Bart Stupak, and others were clearly bribed by the Chicago thugs that hold top offices in the Obama Administration.
 
 
 
“The US economy will not recover for at least another decade” – Engdahl
 
 

 

David Icke: 'What is Money?'

 

An excerpt from Radical Truth Knowledge and Revolution, the four-hour DVD of David's presentation before 2,000 people on an incredibly hot night (with no air conditioning!) in Los Angeles in October

 

 

 

 
 

Goldman Sachs boss says banks do "God's work"

 

 

The chief executive of Goldman Sachs, which has attracted widespread media attention over the size of its staff bonuses, believes banks serve a social purpose and are doing "God's work."

In an interview with London's Sunday Times newspaper, Lloyd Blankfein also said he believed big profits and bonuses at banks were a sign that the world economy was recovering. 

 

 

Read more >>

 

 
 

 
 

The new financial instruments invented about 30 years ago helped the America’s wealthiest to suck up the extra wealth created by deregulated finance system, explains Les Leopold, author of “The Looting of America”.
 

 
 

 

US secretly tried to make deal with Goldman Sachs in wake of financial crisis

 

Vanity Fair will report in the next issue of the magazine that US Treasury Secretary Henry Paulson — a former head of the investment bank Goldman Sachs — tried to orchestrate secretive deals in the midst of the financial crisis but got blowback from prominent investor Warren Buffett. The following press release was obtained by Raw Story; the magazine appears today on newsstands in New York and Los Angeles.

 

 Read more >> 

 

 
  Debt Slave

 
 
NIA is pleases to release Debt Slave. It was released August 28th, and it offers excellent advice. There is mounting evidence that more, and more People are being sucked under by this deliberate collapse. We are continually fed MSM stories which bare no real merit. Look around even at this site, and how the membership is increasing; it's because People are in search of answers, and looking for guidance
 
 

 
 
 
The Second Wave of The Depression: Hyperinflation Likely
 
The second wave of the world economic depression is coming soon. Larry Summers, the economics czar of the Wall Street puppet regime currently in power in Washington, recently confessed to the Financial Times in an unguarded moment: “I don’t think the worst is over ….” A few weeks earlier, Jacques Attali, who served in the 1980s as the main economics adviser to French President Mitterrand, told an audience at the International Economic and Financial Forum (FIEF) in Paris that the world might well soon face a planetary Weimar “in the form of a hyperinflationary depression similar to the German events of 1922 - 1923. 
 
 Read more >> 

 
 
1,000 Banks to Fail In Next Two Years: Bank CEO
 
 
The US banking system will lose some 1,000 institutions over the next two years, said John Kanas, whose private equity firm bought BankUnited of Florida in May.
 
Read more >>
 
 

 Fannie, Freddie worker bonuses total $210M 

 

Mortgage finance giants Fannie Mae and Freddie Mac plan to pay more than $210 million in bonuses through next year to give workers the incentive to stay in their jobs at the government-controlled companies.

The retention awards for more than 7,600 employees were disclosed in a letter from the companies' regulator released Friday by Sen. Charles Grassley of Iowa, the senior Republican on the Senate Finance Committee. The companies paid out nearly $51 million last year, are scheduled to make $146 million in payments this year and $13 million in 2010. "It's hard to see any common sense in management decisions that award hundreds of millions in bonuses when their organizations lost more than $100 billion in a year," Grassley said in a statement. "It's an insult that the bonuses were made with an infusion of cash from taxpayers."

 

Read more >>

 

 

 Citigroup CEO awarded $10.8 million

 

NEW YORK (Reuters) - Citigroup Inc awarded Chief Executive Vikram Pandit $10.82 million of compensation in 2008, a year when the government propped up the bank with $45 billion of capital.

Citigroup also nominated four new independent directors to bolster the banking and financial expertise on its board, including Anthony Santomero, 62, a former president of the Federal Reserve Bank of Philadelphia.

The bank faces increased government pressure to right itself after more than $85 billion of writedowns and credit losses since the middle of 2007.

Pandit said in February he will accept a $1 annual salary and no incentive pay until the bank is profitable. His nearly $11 million of 2008 compensation included $7.73 million of sign-on and retention awards last January, the month after he took over.

 

Read more >>

 
 

CNBC Analyst: Global Bank, Global Currency Within 15 Years

 

 

Head of market analysis for Schneider Foreign Exchange Stephen Gallo told CNBC yesterday that the financial crisis will lead to the creation of a global central bank and a global single currency within 15 years, echoing the call of top globalists who have exploited the problems they created to push for a new world financial order.

Highlighting the significance of the introduction of the Euro, Gallo said that the single currency was “where we are headed globally on a monetary basis over the course of the next 10 to 15 years.”

Stating that one of the things that caused the financial crisis was an over expansion of the money supply on a global basis, Gallo said, “Over the course of the next couple of decades central banks are going to need to pay more attention to what’s going on with the global money supply rather than the money supply just in their own borders,” a necessity that, “might call into question the need for some kind of global central bank or a global central bank that’s united by central banks for bigger monetary areas underneath that global central bank.”.

 

Read more >>

 

 
 The Federal Reserve: The Greatest Scam In History?

 

The Federal Reserve was created in 1913-1914 in order to bring stability to the economy and yet almost every major crash, including the great depression, can be attributed to the Federal Reserve.We are going to take a look at the history of the Fed and what prominent historical figures have said about the organisation.

Firstly, from 1837-1862 there was a system of national banks in the USA but then in 1913-1914 a consortium of 12 privately held banks got together and formed the Federal Reserve Bank, an entity that is not part of the US government. These banks then purchased notes from the US Mint for printing costs and lent them out through member banks charging interest. The Federal Reserve came into being after its supporters paid for the P

residential campaign of US President Woodrow Wilson

 

 

 

 Global unemployment heads towards 50 million

 

Unemployment is mounting around the world as big international companies, including Boeing, Starbucks, ConocoPhillips, GKN, in Britain, and SAP, of Germany, rush to cut costs.

The jobs scythe, which could put 50 million people out of work worldwide, according to the International Labour Organisation (ILO), is reaching beyond the financial sector and into every corner of the global economy.

The employment attrition, which began last September with the collapse of Lehman Brothers, the investment bank, is bearing down on blue-collar and managerial staff in the aerospace, motor, energy, retailing and electronics industries.

The rapidity of the downturn and the speed at which the corporate sector is responding with job cuts is creating alarm. Oil company bosses, who months ago were complaining of skill shortages, are now slashing jobs after a precipitous fall in oil prices

 

. Read more >>

 

 

.

 

  

 

 

 

 

Popular

The Global Awakening
Globalization
Agenda 21 News
Facebook Conspiracy