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Showing posts with label Bankster politicians. Show all posts
Showing posts with label Bankster politicians. Show all posts
Wednesday, August 7, 2013
Thursday, August 2, 2012
Friday, June 17, 2011
Wednesday, June 15, 2011
America for Sale: Is Goldman Sachs Buying Your City?
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| Image source |
Huffington Post
In Chicago, it's the sale of parking meters to the sovereign wealth fund of Abu Dhabi. In Indiana, it's the sale of the northern toll road to a Spanish and Australian joint venture. In Wisconsin it's public health and food programs, in California it's libraries. It's water treatment plants, schools, toll roads, airports, and power plants. It's Amtrak. There are revolving doors of corrupt politicians, big banks, and rating agencies. There are conflicts of interest. It's bipartisan.
And it's coming to a city near you -- it may already be there. We're talking about the sale of public assets to private investors. You may have heard of one-off deals, but what we'll be exploring with the Huffington Post is the scale and scope of what is a national and organized campaign to shift the way we govern ourselves. In an era of increasingly stretched local and state budgets, privatization of public assets may be so tempting to local politicians that the trend seems unstoppable. Yet, public outrage has stopped and slowed a number of initiatives.
Friday, May 20, 2011
Friday, April 15, 2011
Tuesday, April 12, 2011
Wednesday, April 6, 2011
Sunday, March 20, 2011
Friday, March 18, 2011
Monday, March 14, 2011
Tuesday, February 22, 2011
Tuesday, December 14, 2010
Regulators exist to ‘serve the banks,’ next House finance chairman declares
Sahil Kapur
Raw Story
Alabama Republican Spencer Bachus, the incoming chairman of the House banking committee, suggested Congress and federal regulators should play a subservient role with banks.
"In Washington, the view is that the banks are to be regulated, and my view is that Washington and the regulators are there to serve the banks," Bachus told The Birmingham News in an interview.
The Republican leadership last week designated Bachus the next chairman of the powerful House Financial Services Committee, which is tasked with overseeing banks, financial markets, housing and consumer credit.
Democrats characterized the remark as a Freudian slip, nicknaming the Alabaman "Big Bank Bachus" and claiming the new Republican-controlled House will put the interests of financial institutions ahead of the American public.
"Congressman Spencer 'Big Bank' Bachus has given Americans a startlingly honest answer about the House Republican agenda – do whatever is good for the big banks and Wall Street special interests, rather than what’s good for hardworking Americans,” said Jesse Ferguson, a spokesman for the Democratic Congressional Campaign Committee.
Read Full Article
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Raw Story
Alabama Republican Spencer Bachus, the incoming chairman of the House banking committee, suggested Congress and federal regulators should play a subservient role with banks.
"In Washington, the view is that the banks are to be regulated, and my view is that Washington and the regulators are there to serve the banks," Bachus told The Birmingham News in an interview.
The Republican leadership last week designated Bachus the next chairman of the powerful House Financial Services Committee, which is tasked with overseeing banks, financial markets, housing and consumer credit.
Democrats characterized the remark as a Freudian slip, nicknaming the Alabaman "Big Bank Bachus" and claiming the new Republican-controlled House will put the interests of financial institutions ahead of the American public.
"Congressman Spencer 'Big Bank' Bachus has given Americans a startlingly honest answer about the House Republican agenda – do whatever is good for the big banks and Wall Street special interests, rather than what’s good for hardworking Americans,” said Jesse Ferguson, a spokesman for the Democratic Congressional Campaign Committee.
Read Full Article
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Saturday, December 11, 2010
5 Signs the End is Near for the Criminal Banks
When will we get justice from the banksters? HINT: As soon as we demand justice and not a moment sooner.
Activist Post
Could it be any more clear? The international banks are proven criminal entities -- everyone knows it, and everyone is beginning to openly say it. Yet they are still apparently considered "Too-Big-to-Jail" by our public legislators.
Politicians from around the world continue to bow to the will of the banksters, whether they be in the private sector, privately-owned central banks, or global private banks, while the people continue to be brazenly looted to fund their criminal enterprise.
Our leaders are being forced by the international banks to give them public pensions and demand higher taxes without the consent of the voting public. So much for sovereign countries making their own laws. This, after these very bankers brought the nations of the world to their knees in the first place. The emperor is nearly naked for all to see; however, the final curtain to be pulled will thrust the angry populace well over the tipping point when they realize their servitude was purchased with fraudulent money.
It's all an illusion to enslave us. This insanity is about to end. We have the power to change our reality, but only if we have the collective awareness, courage and will to take it. The time for liberty and justice is here for free humans to live in a lawful society. We must immediately demand justice: seize the criminals' assets, release all debt prisoners, and reform our monetary system.
Here are 5 signs that the end is near for the criminal banks:
1. Global Awareness is growing among the peasants: Bloomberg recently reported that more than half of Americans polled want the Fed reined in or abolished. This poll indicates tremendous expansion of the public's knowledge of the Fed in America. This tipping point of awareness has already turned to rage in Europe.
2. Wikileaks to release Banking file: Regardless of what these new cables actually reveal, the WikiLeaks saga has hit center stage and will undoubtedly reveal a further wealth of criminal activity. This soap-opera-like, headline-grabbing story is guaranteed to penetrate even the laziest of mainstream news viewers.
3. Defaulting on Debt as a form of protest: The global awareness of the Greatest Bank Robbery of both individuals and governments already has led to a major shift in mentality regarding debt and one's obligation to pay it back. People are refusing to pay their credit cards (or not using them); walking away from mortgages; and are suing banks in the fraudulent mortgage scam. This is a movement that is beginning to recognize the system itself as an immoral one, so there is no moral obligation to further support criminality by participating. This is a massive paradigm shift which will have a "trickle-up" effect, as this mentality eventually asserts itself on governments to stop cooperating with the proven thieves of the banking industry. Governments will have to make the choice either to throw the banksters under the bus, or face their own possible collapse.
4. Ron Paul to chair Fed oversight: Author of End The Fed
, Ron Paul, was named chairman of the House subcommittee on Domestic Monetary Policy that oversees the Fed. He openly and repeatedly refers to the bankers as criminals in nearly every interview. This is clearly a sign that the Fed's days of running the plantation are coming to an end. Over 25 years in the making, Ron Paul finally will have his platform.
5. After-the-Fed debate heats up: The focus until this point has been to End The Fed. Now the focus has shifted to the assumption that the Fed's days are truly numbered. The time has arrived for groups advocating a new monetary policy to fiercely debate what type of system should replace the current private central bank. This preparation and debate indicates that a collapse of the current banking structure is a foregone conclusion.
The above points are being addressed simultaneously as discussion is increasing about the fact that it is mathematically impossible ever to pay off the fraudulent debt that has been created. Once this is realized by the majority, the end of the criminal banks will be seen not only as a near-term possibility; it will be seen as a self-evident necessity. It is, in fact, The Bankers or Us:
Buy 1 Get 2 Free at Botanic Choice Buy 1 Bottle and Get 2 FREE (select items), plus Free Shipping on $25+ Expires 12/31/2010
Fresh food that lasts from eFoods Direct (Ad)
Live Superfoods
It is time to Wake Up! You too, can join the "Global Political Awakening"!
Print this page
Activist Post
Could it be any more clear? The international banks are proven criminal entities -- everyone knows it, and everyone is beginning to openly say it. Yet they are still apparently considered "Too-Big-to-Jail" by our public legislators.
Politicians from around the world continue to bow to the will of the banksters, whether they be in the private sector, privately-owned central banks, or global private banks, while the people continue to be brazenly looted to fund their criminal enterprise.
Our leaders are being forced by the international banks to give them public pensions and demand higher taxes without the consent of the voting public. So much for sovereign countries making their own laws. This, after these very bankers brought the nations of the world to their knees in the first place. The emperor is nearly naked for all to see; however, the final curtain to be pulled will thrust the angry populace well over the tipping point when they realize their servitude was purchased with fraudulent money.
It's all an illusion to enslave us. This insanity is about to end. We have the power to change our reality, but only if we have the collective awareness, courage and will to take it. The time for liberty and justice is here for free humans to live in a lawful society. We must immediately demand justice: seize the criminals' assets, release all debt prisoners, and reform our monetary system.
Here are 5 signs that the end is near for the criminal banks:
1. Global Awareness is growing among the peasants: Bloomberg recently reported that more than half of Americans polled want the Fed reined in or abolished. This poll indicates tremendous expansion of the public's knowledge of the Fed in America. This tipping point of awareness has already turned to rage in Europe.
2. Wikileaks to release Banking file: Regardless of what these new cables actually reveal, the WikiLeaks saga has hit center stage and will undoubtedly reveal a further wealth of criminal activity. This soap-opera-like, headline-grabbing story is guaranteed to penetrate even the laziest of mainstream news viewers.
3. Defaulting on Debt as a form of protest: The global awareness of the Greatest Bank Robbery of both individuals and governments already has led to a major shift in mentality regarding debt and one's obligation to pay it back. People are refusing to pay their credit cards (or not using them); walking away from mortgages; and are suing banks in the fraudulent mortgage scam. This is a movement that is beginning to recognize the system itself as an immoral one, so there is no moral obligation to further support criminality by participating. This is a massive paradigm shift which will have a "trickle-up" effect, as this mentality eventually asserts itself on governments to stop cooperating with the proven thieves of the banking industry. Governments will have to make the choice either to throw the banksters under the bus, or face their own possible collapse.
4. Ron Paul to chair Fed oversight: Author of End The Fed
5. After-the-Fed debate heats up: The focus until this point has been to End The Fed. Now the focus has shifted to the assumption that the Fed's days are truly numbered. The time has arrived for groups advocating a new monetary policy to fiercely debate what type of system should replace the current private central bank. This preparation and debate indicates that a collapse of the current banking structure is a foregone conclusion.
The above points are being addressed simultaneously as discussion is increasing about the fact that it is mathematically impossible ever to pay off the fraudulent debt that has been created. Once this is realized by the majority, the end of the criminal banks will be seen not only as a near-term possibility; it will be seen as a self-evident necessity. It is, in fact, The Bankers or Us:
Buy 1 Get 2 Free at Botanic Choice Buy 1 Bottle and Get 2 FREE (select items), plus Free Shipping on $25+ Expires 12/31/2010
Fresh food that lasts from eFoods Direct (Ad)
Live Superfoods
Print this page
Thursday, December 2, 2010
The Austerity Hammer Starts to Fall on United States as Debt Consumes Europe (VIDEO)
It's the Bankers or the People - You have been Warned!
Alex Jones and Aaron Dykes
InfoWars
Problem, Reaction, Solution: Derivatives, Crash, Too Big To Fail, Bailout, Nationalization, Budget Crisis, Privatization, Debt Slavery, Austerity, Evaporating Pensions, Central Banks, Big Government, World Government. It’s been quite a saga, but this economic crisis has been planned sabotage by design. The age of the Offshore Global Cartel is the age of economic warfare with the wealthy Western world. The 3rd World has largely already been brought to its knees. The remaining vestiges of national sovereignty must be eliminated and the middle class consumer society must be swept back to the feudal age by way of a tidal wave looting of living standards, cut wages & pensions, and the bread and circuses of cheap plastic goods and entertainment. The upper middle classes, the array of independent businesses, remaining lone giants and other true competition to the New World Order mafia economy system must be consolidated or dominated.
Alex Jones explains why it is the bankers or us will be free at the end of this crisis. The total cost of the derivatives is over $1.5 Quadrillion, a sum that will completely consume the world in perpetual debt, a sum that can never be repaid. It is an economic shearing, a shearing of the sheep. The economic crisis has always really been a complete transfer of power to the banking class.
Read Full Article
RELATED ARTICLE:
US Debt Woes Expose Hidden Austerity and Public Looting
Fresh food that lasts from eFoods Direct (Ad)
Live Superfoods
It is time to Wake Up! You too, can join the "Global Political Awakening"!
Print this page
Alex Jones and Aaron Dykes
InfoWars
Problem, Reaction, Solution: Derivatives, Crash, Too Big To Fail, Bailout, Nationalization, Budget Crisis, Privatization, Debt Slavery, Austerity, Evaporating Pensions, Central Banks, Big Government, World Government. It’s been quite a saga, but this economic crisis has been planned sabotage by design. The age of the Offshore Global Cartel is the age of economic warfare with the wealthy Western world. The 3rd World has largely already been brought to its knees. The remaining vestiges of national sovereignty must be eliminated and the middle class consumer society must be swept back to the feudal age by way of a tidal wave looting of living standards, cut wages & pensions, and the bread and circuses of cheap plastic goods and entertainment. The upper middle classes, the array of independent businesses, remaining lone giants and other true competition to the New World Order mafia economy system must be consolidated or dominated.
Alex Jones explains why it is the bankers or us will be free at the end of this crisis. The total cost of the derivatives is over $1.5 Quadrillion, a sum that will completely consume the world in perpetual debt, a sum that can never be repaid. It is an economic shearing, a shearing of the sheep. The economic crisis has always really been a complete transfer of power to the banking class.
Read Full Article
RELATED ARTICLE:
US Debt Woes Expose Hidden Austerity and Public Looting
Fresh food that lasts from eFoods Direct (Ad)
Live Superfoods
Print this page
Tuesday, November 30, 2010
Ireland's Debt Servitude
Ambrose Evans-Pritchard
Telegraph
Stripped to its essentials, the €85bn package imposed on Ireland by the Eurogroup and the European Central Bank is a bail-out for improvident British, German, Dutch, and Belgian bankers and creditors.
The Irish taxpayers carry the full burden, and deplete what remains of their reserve pension fund to cover a quarter of the cost.
This arrangement – I am not going to grace it with the term deal – was announced in Brussels before the elected Taoiseach of Ireland had been able to tell his own people what their fate would be.
The Taoiseach said afterwards that Brussels had squelched any idea of haircuts for senior bondholders: a lack of “political and institutional” support in his polite words: or “they hit the roof”, according to leaks.
One can see why the EU authorities reacted so vehemently. Such a move at this delicate juncture would have set off an even more dramatic chain reaction in the EMU debt markets than the one we are already seeing.
It is harder to justify why the Irish should pay the entire price for upholding the European banking system, and why they should accept ruinous terms.
I might add that if it is really true that a haircut on the senior debt of Anglo Irish, et al, would bring down the entire financial edifice of Europe, then how did any of these European banks pass their stress tests this summer, and how did the EU authorities ever let the matter reach this point? Brussels cannot have it both ways.
Read Full Article
RELATED ARTICLE:
Citizens of Europe Rage Against the Machine
Fresh food that lasts from eFoods Direct (Ad)
Live Superfoods
It is time to Wake Up! You too, can join the "Global Political Awakening"!
Print this page
Telegraph
Stripped to its essentials, the €85bn package imposed on Ireland by the Eurogroup and the European Central Bank is a bail-out for improvident British, German, Dutch, and Belgian bankers and creditors.
The Irish taxpayers carry the full burden, and deplete what remains of their reserve pension fund to cover a quarter of the cost.
This arrangement – I am not going to grace it with the term deal – was announced in Brussels before the elected Taoiseach of Ireland had been able to tell his own people what their fate would be.
The Taoiseach said afterwards that Brussels had squelched any idea of haircuts for senior bondholders: a lack of “political and institutional” support in his polite words: or “they hit the roof”, according to leaks.
One can see why the EU authorities reacted so vehemently. Such a move at this delicate juncture would have set off an even more dramatic chain reaction in the EMU debt markets than the one we are already seeing.
It is harder to justify why the Irish should pay the entire price for upholding the European banking system, and why they should accept ruinous terms.
I might add that if it is really true that a haircut on the senior debt of Anglo Irish, et al, would bring down the entire financial edifice of Europe, then how did any of these European banks pass their stress tests this summer, and how did the EU authorities ever let the matter reach this point? Brussels cannot have it both ways.
Read Full Article
RELATED ARTICLE:
Citizens of Europe Rage Against the Machine
Fresh food that lasts from eFoods Direct (Ad)
Live Superfoods
Print this page
Sunday, November 28, 2010
A Majority Of Americans Believe The US Government No Longer Operates Within The Constitution
Tyler Durden
Zero Hedge
A rather indicative poll released by Rasmussen earlier this week finds that a majority of Americans (44%) now believe that the government operates outside the confines of the Constitution, compared to just 39% who believe government does not take liberties with the precepts laid out by the founding fathers (and 17% were busy watching dancing with the stars to have an opinion either way). Some other unflattering findings on US democracy: "Earlier surveys have shown that just one-in-five voters believe that the government today has the consent of the governed. Forty-eight percent (48%) see the government as a threat to individual rights. According to the Declaration of Independence, governments are formed to protect certain inalienable rights." Not surprisingly, politicians are shown to not only be usurping and incompetent despots but biased as well: "As is often the case, there’s a wide gap between the perceptions of the Political Class and those of Mainstream voters when it comes to the federal government. Eighty-three percent (83%) of Political Class voters say the government now operates within constitutional limits, but 62% of those in the Mainstream don’t share that view." Most worryingly, "nearly two-out-of-three voters (65%) are at least somewhat angry at the current policies of the federal government, including 40% who are Very Angry." That's 65% with not even a whiff of austerity on the horizon...
While we uge readers to read the full survey for all queries, the following financial-related disclosure is important as it shows that the path the government is on will continue to make the vast majority of the American population increasingly angrier.
Read Full Article
Fresh food that lasts from eFoods Direct (Ad)
Live Superfoods
It is time to Wake Up! You too, can join the "Global Political Awakening"!
Print this page
Zero Hedge
A rather indicative poll released by Rasmussen earlier this week finds that a majority of Americans (44%) now believe that the government operates outside the confines of the Constitution, compared to just 39% who believe government does not take liberties with the precepts laid out by the founding fathers (and 17% were busy watching dancing with the stars to have an opinion either way). Some other unflattering findings on US democracy: "Earlier surveys have shown that just one-in-five voters believe that the government today has the consent of the governed. Forty-eight percent (48%) see the government as a threat to individual rights. According to the Declaration of Independence, governments are formed to protect certain inalienable rights." Not surprisingly, politicians are shown to not only be usurping and incompetent despots but biased as well: "As is often the case, there’s a wide gap between the perceptions of the Political Class and those of Mainstream voters when it comes to the federal government. Eighty-three percent (83%) of Political Class voters say the government now operates within constitutional limits, but 62% of those in the Mainstream don’t share that view." Most worryingly, "nearly two-out-of-three voters (65%) are at least somewhat angry at the current policies of the federal government, including 40% who are Very Angry." That's 65% with not even a whiff of austerity on the horizon...
While we uge readers to read the full survey for all queries, the following financial-related disclosure is important as it shows that the path the government is on will continue to make the vast majority of the American population increasingly angrier.
Read Full Article
Fresh food that lasts from eFoods Direct (Ad)
Live Superfoods
Print this page
Saturday, November 27, 2010
Irish Pension Reserve Funds Openly Targeted by Banksters
Ann Cahill
Irish Examiner
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.
Officials hope to finalise the details of the €85bn package later today and have EU finance ministers approve it tomorrow.
The emphasis in the plan is to avoid drawing down money from the bailout and rely in the first place on money from the Pension Reserve Fund for the banks, and on the €20bn the state borrowed earlier this year to part-fund next year’s national budget.
Economist at the Economic and Social Research Institute, John FitzGerald, said he believed it would be a good idea to use the money in the pensions fund to recapitalise the banks, and keep the EU/IMF funds in reserve in case they needed further money later.
"Using the €20bn in cash we have first would be good for the country in the short run. It would leave the opening debt for 2012 €20bn lower and interest payments would be €1bn less. It would also leave the national debt lower than forecast at the end of next year," he said.
About €35bn of the total EU/IMF loan was being earmarked last night for the banks.
The Government would prefer not to tap this sum but keep it in reserve for contingencies during the three-year programme.
Read Full Article
RELATED ARTICLE:
Eurozone Debt Crisis 2.0: Dollar Sucks Less Than Euro, Again
Fresh food that lasts from eFoods Direct (Ad)
Live Superfoods
It is time to Wake Up! You too, can join the "Global Political Awakening"!
Print this page
Irish Examiner
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.
Officials hope to finalise the details of the €85bn package later today and have EU finance ministers approve it tomorrow.
The emphasis in the plan is to avoid drawing down money from the bailout and rely in the first place on money from the Pension Reserve Fund for the banks, and on the €20bn the state borrowed earlier this year to part-fund next year’s national budget.
Economist at the Economic and Social Research Institute, John FitzGerald, said he believed it would be a good idea to use the money in the pensions fund to recapitalise the banks, and keep the EU/IMF funds in reserve in case they needed further money later.
"Using the €20bn in cash we have first would be good for the country in the short run. It would leave the opening debt for 2012 €20bn lower and interest payments would be €1bn less. It would also leave the national debt lower than forecast at the end of next year," he said.
About €35bn of the total EU/IMF loan was being earmarked last night for the banks.
The Government would prefer not to tap this sum but keep it in reserve for contingencies during the three-year programme.
Read Full Article
RELATED ARTICLE:
Eurozone Debt Crisis 2.0: Dollar Sucks Less Than Euro, Again
Fresh food that lasts from eFoods Direct (Ad)
Live Superfoods
Print this page
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