THE AMERICAN SYSTEM VS. BRITISH FREE TRADE LOOTING
Written by by Marcia Merry-Baker and Anton Chaitkin
Friday, 03 May 2013 21:33
What Is the American System?
U.S. citizens, and even economists and historians in this country, have often never heard of the "American System" of economics which made our nation great. Worse yet, many confuse it with the British System of free trade and looting.
In the nineteenth century, however, our leading statesmen not only understood the American System, but promoted it, and campaigned for it, in their political speeches. They understood that our nation, even the world, was in a life...
Everything Is Rigged: The Biggest Price-Fixing Scandal Ever
Written by Administrator
Friday, 26 April 2013 20:51
The Illuminati were amateurs. The second huge financial scandal of the year reveals the real international conspiracy: There's no price the big banks can't fix
Illustration by Victor JuhaszBy MATT TAIBBIApril 25, 2013 1:00 PM ET
Conspiracy theorists of the world, believers in the hidden hands of the Rothschilds and the Masons and the Illuminati, we skeptics owe you an apology. You were right. The players may be a little different, but your basic premise is correct: The world is a rigged game...
The deal was announced quietly, just before the holidays, almost like the government was hoping people were too busy hanging stockings by the fireplace to notice. Flooring politicians, lawyers and investigators all over the world, the U.S. Justice Department granted a total walk to executives of the British-based bank HSBC for the largest drug-and-terrorism money-laundering case ever. Yes, they issued a fine – $1.9 billion, or about five weeks'...
Meet the 28-Year-Old Grad Student Who Just Shook the Global Austerity Movement
Written by Administrator
Sunday, 21 April 2013 16:45
ilThomas Herndon, Excel sleuth.
Most Ph.D. students spend their days reading esoteric books and stressing out about the tenure-track job market. Thomas Herndon, a 28-year-old economics grad student at UMass Amherst, just used part of his spring semester to shake the intellectual foundation of the global austerity movement.
Herndon became instantly famous in nerdy economics circles this week as the lead author of a recent paper, "Does High Public Debt Consistently Stifle Economic Growth? A...
How crises, failures, and suffering finally drove a Presidential adviser to the wrong side of the barricadesGregory PalastThe Observer, Sunday 29 April 2001 It was like a scene out of Le Carré: the brilliant agent comes in from the cold and, in hours of debriefing, empties his memory of horrors committed in the name of an ideology gone rotten.
But this was a far bigger catch than some used-up Cold War spy. The former apparatchik was Joseph Stiglitz...
Cyprus style Bail In template to be applied to Canada, Commonwealth, USA & EU
Written by Administrator
Friday, 05 April 2013 21:27
British Empire Strategizes on Saving Their System by Killing You
The Bank of England (BOE) and the U.S. Federal Deposit Insurance Corporation (FDIC) jointly authored a paper published on Dec. 10, 2012, titled ``Resolving Globally Active, Systemically Important, Financial Institutions.'' Largely unnoticed at the time, the 15-page document has come into focus over the last 48 hours as a critical planning document by the British Empire's financial hit-men, which strategizes over how to save...
What can be done to save us from the predatory monetary system?
Written by Kevin Kelso
Tuesday, 11 December 2012 14:39
The first thing you need is a global Glass Steagall standard, which restricts banks from mixing speculative/financial accounts with commercial accounts, which are connected to the real physical economy, and are largely composed of the average person's deposits. Banks should not be able to gamble on the stock markets with other peoples' money, and then get bailed out when they lose because they basically put every cent in play at once.
Mark CarnagePosted on December 1, 2012 by Aziz| 5 Comments
The greater story behind Mark Carney’s appointment to the Bank of England may be the completion of Goldman Sachs’ multi-tentacled takeover of the European regulatory and central banking system.
But let’s take a moment to look at the mess he is leaving behind in Canada, the home of moose, maple syrup, Jean Poutine and now colossal housing bubbles.
George Osborne (who as I noted last month wants more big banks in Britain)...
What is Canada’s Role in the Empire’s global Drug Addiction?
By Matthew Ehret-Kump
Committee for the Republic of Canada
Several months ago, the world watched as French presidential candidate Jacques Cheminade was being targeted by a barrage of media slanders due to his association with the “crazy conspiracy theorist Lyndon LaRouche”, more specifically with the slander that claims that “LaRouche says the Queen runs drugs”! “Surely, LaRouche and Cheminade must be mad”...
It is almost impossible to overstate the strategic significance of the fact that an important group within the top echelons of the British Establishment have come to the conclusion that Glass-Steagall is the only survival option open to them. The July 3 Financial Times editorial endorsement of Glass-Steagall has been followed, over the past 48 hours, by a series of further endorsements by leading figures, from Peter Hambro, of the old British merchant banking family; to...
Canada’s Housing Bubble Blow out Amid Global Collapse.
Written by Matthew Ehret-Kump
Sunday, 01 July 2012 12:28
By Matthew Ehret-Kump
While this shouldn’t come as much of a surprise, the Canadian banking system, long heralded as the most “stable system in the world” due to its “conservative banking culture” is nothing of the sort. The acceptance of this revelation has been forced upon many as Moody’s ratings agency has just released a report June 25[1] that the emergency “corrections” being made to the overblown Canadian real estate bubble to deleverage itself from oblivion...
Canada now sits atop two debts, yet only one can be repaid. The first is the debt we owe to the nation builders past who sacrificed and aspired for a better life for their posterity. The second debt is to be found in that payment which shall be demanded of Canadian citizens to cover the highly leveraged financial bubble which has been concentrated in our housing and personal securitized debts.
Canada's biggest banks accepted tens of billions in government funds during the recession, according to a report released today by the Canadian Centre for Policy Alternatives.
Canada's banking system is often lauded for being one of the world's safest. But an analysis by CCPA senior economist David Macdonald concluded that Canada's major lenders were in a far worse position during the downturn than previously believed.
Macdonald examined data provided by the Canada Mortgage and Housing...
Canada, called the world’s most resource-rich country, is now being subjected to austerity measures like those imposed on third world countries in earlier decades. It is all done in the name of reducing a federal debt that got out of control in the 1970s, when Canada quit borrowing from its own central bank.
Sometimes those high finance concepts are hard for me to understand, but this cleared it all up. I pass this along in the hope it will help you too. .Understanding Derivatives (Wall Street Finances)- A PrimerHelga is the proprietor of a bar in Detroit.She realizes that virtually all of her customers are unemployed alcoholics and, as such, can no longer afford to patronize her bar.To solve this problem, she comes up with a new marketing plan that allows her customers to drink now, but pay...
On Dec. 15, the Governor-General gave royal assent to Bill C-18. This means that the Marketing Freedom for Grain Farmers Act, the legislation that ends the Wheat Board’s monopoly of wheat and barley sales, is now the law of Canada – or is it?
Full-Blown Civil War Erupts On Wall Street: As Reality Finally Hits The Financial Elite, They Start
Written by david degraw
Tuesday, 06 September 2011 09:11
Finally, after trillions in fraudulent activity, trillions in bailouts, trillions in printed money, billions in political bribing and billions in bonuses, the criminal cartel members on Wall Street are beginning to get what they deserve. As the Eurozone is coming apart at the seams and as the US economy grinds to a halt, the financial elite are starting to turn on each other. The lawsuits are piling up fast. Here’s an extensive roundup:
OUR leaders have asked for “shared sacrifice.” But when they did the asking, they spared me. I checked with my mega-rich friends to learn what pain they were expecting. They, too, were left untouched.
They may be the lowest form of human life, but when it comes to defending their wealth the Financial class are not stupid. They know they need to make us, not them, pay for those debts whatever it costs. That’s why, to quote one leading market analyst, ‘there are still doubts on whether the peripheral countries can deliver on austerity.’ That's their worry now. That is what the financial class sees as the proper and apparently only role of government. DELIVER ON AUSTERITY. That is what...
Banks are still forging foreclosure documents - May get legal immunity
Written by Administrator
Friday, 22 July 2011 00:34
A realtor and bank-owned sign is displayed near a house for sale in Phoenix, Arizona, January 4, 2011.
Credit: Reuters/Joshua Lott
By Scot J. Paltrow
NEW YORK | Wed Jul 20, 2011 6:24pm EDT
(Reuters) - State attorneys general are negotiating to give major banks wide immunity over irregularities in handling foreclosures, even as evidence has emerged that banks are continuing to file questionable documents.
The Military as a Jobs Program: There are More Efficient Ways to Stimulate the Economy
Written by Ellen Brown
Friday, 01 July 2011 02:32
Global Research, June 22, 2011 Web of Debt
"Every gun that is made, every warship launched, every rocket fired signifies, in the final sense, a theft from those who hunger and are not fed, those who are cold and are not clothed. . . . We pay for a single fighter plane with a half million bushels of wheat. We pay for a single destroyer with new homes that could have housed more than 8,000 people."
–Dwight David Eisenhower, "The Chance for Peace," speech given to the...
Mass Strike Surges Through Finland; Could Overturn "Euro" Slave Farm
Written by Administrator
Thursday, 28 April 2011 09:36
In Finnish national elections held April 17, the True Finns party, which opposes the EU-ECB-steered bailouts of the Inter-Alpha banks, stunned the world, and itself, receiving massive backing from the population, and surging from being an obscure minor party, to finishing second, but mere tenths of a percentage point from being the largest party in Finland.
Should We Be Alarmed That The Biggest Bond Fund In The World Has Dumped All Of Their U.S. Treasury B
Written by Administrator
Monday, 14 March 2011 10:10
Bill Gross, the manager of the biggest bond fund in the world, has forgotten more about bonds than most of us will ever learn. That is why the big move that PIMCO has just made is so unsettling. At one time PIMCO held more U.S. government debt than any other bond fund on the globe, but now news has come out that they have gotten rid of all their U.S. government-related securities. So should we be alarmed? For months Gross has been warning that the bull market in bonds is coming to an...
LIFESITE, May 2, 2003 (LifeSiteNews.com) – For many years, astute political observers have noted what appears to be an unusually powerful web of influence over Canadian federal politics by wealthy Canadian businessman and Power Corporation founder, Paul Desmarais senior. The number of Prime Ministers and other elected and influential Canadians financially beholden to the Quebec based Canadian nationalist is astonishing.
