City of London vs. Scottish Independence

James Hall

Scotland has a long and noteworthy history of banking. Money, savings and investing is entrenched in the culture and society. Edinburgh is the fourth largest financial center in Europe (after London, Frankfurt and Paris).

Much of this reputation has arisen from its history of innovation over the last three hundred years. The Bank of Scotland, established in 1695, one year after the Bank of England by an Act of the Scottish Parliament, illustrates the prevailing attitude to the creation of money in that era. A list of banking innovations is a useful background of Scottish banking activities.

The American Bankers Association and the Quiet War on Students

Devon Douglas-Bowers

College students and graduates around the nation are buried in debt and trying to succeed in an extremely difficult and competitive economic environment. Many people are graduating only to find that they are unable to get the jobs they want either due to the small number of available positions or, more usually, the problem that they lack "experience" – and are thus reduced to working menial jobs while paying back exorbitant loans.

So far very little legislation has been passed to aid students in paying back their loans, and many blame politicians. However, the situation goes deeper than this and lies, in part, with a little-known institution called the American Bankers Association.

OMFG!! US Debt is $70 Trillion, Elite Blame the Poor

Youtube

WARNING: Adult language and genuine anger in this video...


Subscribe to ChunkyMark's Channel

Enter your email address to subscribe to our newsletter:


Delivered by FeedBurner

Be the Change! Share this using the tools below.

Who Controls The Global Economy? Do Not Underestimate The Power Of The Big Banks

Michael Snyder

Are the big banks really as powerful as some people say that they are?  Do they really control the global economy?  If you ask most people, they would tell you that governments control the global economy.  But the campaigns of our politicians are funded by the ultra-wealthy, the big banks and the large corporations that they control.  Others would tell you that the Federal Reserve and the rest of the central banks around the world control the global economy.

But the truth is that the Federal Reserve was established by the bankers and for the benefit of the bankers.  As you will see below, at the very core of the global economy there exists a "super-entity" of financial institutions that control an almost unimaginable amount of wealth and power.  These financial institutions and the ultra-wealthy individuals behind them are really the ones that are pulling all the strings.  In this world money equals power, and the borrower is the servant of the lender.

When you follow the pyramid all the way to the top, it begins to become very clear who really is in control.

New EU Plan Will Make Every Bank Account In Europe Vulnerable To Cyprus-Style Wealth Confiscation

Michael Snyder

Did you actually believe that they were not going to use the precedent that they set in Cyprus?  On Thursday, EU finance ministers agreed to a shocking new plan that will make every bank account in Europe vulnerable to Cyprus-style bail-ins.  In other words, the wealth confiscation that we just witnessed in Cyprus will now be used as a template for future bank failures all over Europe. That means that if you have a bank account in Europe, you could wake up some morning and every penny in that account over 100,000 euros could be gone.

That is exactly what happened in Cyprus, and now EU officials plan to do the same thing all over Europe.  For quite a while EU officials insisted that Cyprus was a "special case", but now we see that was a lie.  International outrage over what happened in Cyprus has died down, and now they are pushing forward with what they probably had planned all along.  But why have they chosen this specific moment to implement such a plan?  Are they anticipating that we will see a wave of bank failures soon?  Do they know something that they aren't telling us?

The Government Theft of Retirement Accounts Has Begun

Dave Hodges

Many were roundly criticized for daring to say that the Cyprus thefts could visit our shores. If Treasury Secretary Jack Lew gets his way, Cyprus will look like a walk in the park compared to what’s coming because Cyprus was a beta test for the massive theft of private wealth which is on the horizon.

In fact, I would say to my fellow countrymen who don’t think the government would ever perpetrate a fraud against the American people in which the government would oversee the outright theft of personal assets of American citizens, you might want to jog your memory and look about to a period of time going back four to five years in this country.

Short Term Memory Loss

I, too, was roundly criticized three months ago when I said the Cyprus scenario is coming here. I was told there would be a revolution if this happened and the government would be to afraid to try such a thing. I marvel at people who hold to such naive beliefs. Listening to these people is like listening to a country song played backwards. You know the wife does not leave, the truck still runs and the guy stops drinking. Maybe it is all the fluoride in the water that is causing such widespread ignorance and apathy.

5 Reasons NOT to Pay Your Credit Cards

Are you one of the millions of Americans trying to decide between paying your credit card bills and eating?   

John Galt

We live in a matrix that goes to unspeakable expense to nurture us from the teat to be good consumers. You are issued a tax collection number at birth (SS#), another artificial number for your credit worthiness (FICO), and then you're extended a certain amount of tokens to play "life" based on those numbers.  This virtual currency, not unlike your earned Farmville coins, only has value because you give it value.  

It is a brilliantly designed game:  the banksters create a unit of money out of thin air; lend it to people with interest attached; get them to buy real items; then raise the rates, force people to work harder, hover like a vulture until expected default occurs, and rake in the forfeited assets.  Best of all, when the whole Ponzi scheme comes crashing down because they drunkenly gambled with your interest payments, the very people who destroyed you get bailed out by you with tax money.  And they call you the thieves when you can't pay them back.  The game is rigged for the house and it's always a Win/Win for them and a Lose/Lose for you.

Sure, you get to "rent" a flat-screen TV, a car, or a home from them, making life in the matrix almost worth it.  But, ultimately, you only temporarily use that stuff at great expense to you and massive profits to the banks.  After years and years of paid interest, you still never truly own anything.  The TV is now obsolete and worthless; you still must pay increasing property taxes and insurance on your homes and cars, even when your done paying the bank three times their value, all while they bought your years of servitude with nothing real or tangible.

In truth, if there was real justice in America, the criminal banking cartel would be arrested under the Federal Racketeer Influenced and Corrupt Organizations (RICO) Act, and their assets should seized and returned to their victims.  After their arrest and the unconditional release of all debt prisoners, a new, fair, and sound money system should be put in place for the benefit of all (See The Secret of Oz).

For the many who are contemplating dropping out of the corrupt debtor system, the least impact from the mafia will occur by ignoring your unsecured credit cards.  Before you take this action, be warned that you may have to return the signing bonus gift you received when got your contract to play in the big leagues. 

Here are the top five reasons not to pay your credit cards:

1. If you owe $6,000 on a credit card with a 20 percent interest rate, and you only pay the minimum payment each time, it will take you 54 years to pay off that credit card.  During those 54 years you will pay $26,168 in interest rate charges in addition to the $6,000 in principal that you are required to pay back (Source).
2. Under the legal fractional reserve banking system, the banks NEVER actually had the fake money for the credit they extended you in the first place.  They added you to their stable of debt slaves with a simple accounting key stroke.
3. The cartel of the large private banks are a proven criminal entity at the heart of most global problems including, but not limited to:  wars, genocide, famine, and resource plundering.  It's immoral to continue to support such a system on any level.
4. You won't need a good credit score to live outside of the matrix. It's a place in your mind where it is okay to not ever "use" anything with bank financing for the rest of your life.
5. Not paying your credit cards may be one of the only ways to make the matrix feel the weight of your protest without drawing too much oppression.

Since the foxes guard the chickens on Wallshington Street, the citizens may have to take justice into their own hands through peaceful resistance -- by simply dropping out of the matrix.  In other words, don't pay your phony debts to criminal banksters.

By not paying your debts, you should expect the system's goons to rain down fear by way of phone calls and mail to you.  Additionally, you will certainly risk losing your esteemed Farmville status and, these days, you may even win a free trip to one of the oligarchy's private jails. 

However . . . you could just wind up gaining some independence from your manufactured stress and servitude.

Enter your email address to subscribe to our newsletter:


Delivered by FeedBurner

Be the Change! Share this using the tools below. Sharing on Reddit and Newsvine will help the most.

NWO: The Enemy of Humanity - Mural Project

Youtube

Enter your email address to subscribe to our newsletter:


Delivered by FeedBurner

Be the Change! Share this using the tools below. Sharing on Reddit and Newsvine will help the most.

Mega-Banks Plan to Steal Your Money and Blame Fake Muslim Cyber Attack

Susanne Posel, Contributor

Senator and self-proclaimed Zionist Joseph Lieberman declared that it was Iran who cyber-attacked Bank of America and JPMorgan Chase in 2011 and began with more frequency this year. Lieberman, as the chairman of the Homeland Security and Government Affairs Committee states that the financial attack was spurned from the state-sponsored anti-Muslim film circulating the Middle East thanks to CIA-operatives al-Qaeda.

Lieberman explains: “I don’t believe these were just hackers. I believe this was done by Iran and the Qods force, which has its own developing cyber-attack capacity. And I believe it was in response to the increasingly strong economic sanctions that the United States and our European allies have put on Iranian financial institutions.”

The US government is planting the propaganda seed that according to “highly classified” documents provided by the Join Chiefs of Staff’s Intelligence Directorate confirm that Iranian hackers are committing cyber-attacks against US financial institutions.

The 3 Necessary Ingredients of Money Creation

YouTube - ornpatricktimpone

And the bottom line to money creation is that your signature is necessary and you owe the money at the end of the day.



Click on the link below to hear the entire interview
http://www.oneradionetwork.com/the-real-world-of-money/andrew-gause-and-the-r...

Andrew Gause and the Real World of Money airs LIVE every Wednesday onwww.oneradionetwork.com

Enter your email address to subscribe to our newsletter:


Delivered by FeedBurner

Be the Change! Share this using the tools below. Sharing on Reddit and Newsvine will help the most.

BoA Drills Safe Deposit Box and Removes Heirlooms

Youtube

Enter your email address to subscribe to our newsletter:


Delivered by FeedBurner

Be the Change! Share this using the tools below. Sharing on Reddit and Newsvine will help the most.

Banksters Slowly Being Arrested Around the World

Great News!
Youtube

Enter your email address to subscribe to our newsletter:


Delivered by FeedBurner

Be the Change! Share this using the tools below. Sharing on Reddit and Newsvine will help the most.

The Next Bankster Scam is Underway . . .

YouTube - crabbydogtrix

http://www.moneynews.com/StreetTalk/investors-foreclosed-rental-securities/20...

Enter your email address to subscribe to our newsletter:


Delivered by FeedBurner

Be the Change! Share this using the tools below. Sharing on Reddit and Newsvine will help the most.

I Want The Earth, Plus Five Percent: The Origin of a Debt Based Economy (Video)

YouTube - TheResistanceUprise

BE THE CHANGE! PLEASE SHARE THIS USING THE TOOLS BELOW

Enter your email address to subscribe to our newsletter:


Delivered by FeedBurner

Big banks relieved as Fed sets debit card rule

The Federal Reserve handed a partial victory to
Wall Street on bank card fees
© AFP/Getty Images/File Spencer Platt

AFP

WASHINGTON (AFP) - The Federal Reserve on Wednesday slashed the fees which banks charge for debit card transactions, but did not cut them as deeply as initially expected, handing a partial victory to Wall Street.

Under the new rules, the fee charged for the average debit card transaction of $38 would be capped at approximately 24 cents, the Fed said in a statement announcing its decision.

Currently, the fee for an average debit card transaction is 44 cents. Banks had feared that the average fee would be cut as low as seven to 12 cents and mounted a fierce lobbying campaign to thwart the changes.

Egypt Rejects IMF Conditions

Egypt Revolution - Wiki Commons

Emad Mekay
IPS

CAIRO - Egypt has cancelled plans to borrow 3 billion dollars from the International Monetary Fund because of conditions that violated the country’s national sovereignty and a public outcry that warned against terms that were blamed for impoverishing many Egyptians.

According to several Egyptian newspapers, General Sameh Sadeq, member of the country’s ruling military council, said the country turned down the loans, and those under discussion with the World Bank, because there were "five conditions that totally went against the principles of national sovereignty." Gen. Sadeq didn’t detail what these conditions were. 

The IMF loan would have made Egypt the first recipient of funding in the Middle East since the so-called Arab Spring movement against Western-backed dictatorships began late last year.

Bankers vs. People

Greg Hunter
USA Watchdog

The entire crisis in Greece (and the rest of the world) all comes down to bankers vs. the people.  The bankers made crazy, reckless loans to this tiny country.  If you look back to when the loans were first offered, it’s hard to believe the banks did not know what they were doing.  Did they not know that most people in Greece did not pay taxes?  Did they not know many retired at 50 years old? Did they not know about all the government social programs?  After all, Greece has a socialist government for goodness sakes.

What is going on in Greece is similar to the subprime loan crisis.  Here, people just stopped paying and walked away when the market crashed.  In Greece, the bankers want to turn people into debt slaves for a generation to get their money back.  Heaven forbid any banker writes off the debt and not take a bonus.   David Stockman, who was Director of the Office of Management and Budget in the Reagan Administration, said last week on CNBC that Europeans are going to become tax and debt slaves to continue to pay bankers.  The report said, “In Europe, Stockman raged against a dichotomy of tax and debt slavery created by the EU: “They’re attempting to go turn the prudent Europeans of the north into permanent tax slaves in order to bail out the big banks in France and Germany and elsewhere who don’t deserve a bailout,” he said, adding that, “In order to accomplish that, they will attempt to turn the millions of people who live in southern Europe into permanent debt slaves in order to pay the piper from the guarantees coming from the north.” (Click here for the complete CNBC report.)

There is no wonder why protests in Greece turned violent yesterday.

Read Full Article 


Enter your email address to subscribe to our newsletter:


Delivered by FeedBurner

Max Keiser in Interview with Lars Schall

YouTube

Enter your email address to subscribe to our newsletter:


Delivered by FeedBurner

Federal Reserve Secrets and Lies

Dees Illustration

Greg Hunter
USA Watchdog

The Federal Reserve has been a clandestine organization since its inception.  It is not really part of the federal government; it is merely a subcontractor for monetary policy.  The Fed is basically a cartel of both U.S. and European banks.   It has pulled the levers in the economy from behind a curtain of secrecy since 1913 and has always enjoyed a certain degree of respect and admiration.  All that changed when the economy melted down in 2008.  The respect and admiration of the Federal Reserve is being shredded right along with its veil of secrecy.

The Fed allowed everyone to think the cost of controlling the 2008 financial crash was just a measly $3.3 trillion.  This giant lie was exposed after Senator Bernie Sanders of Vermont put a provision in last year’s financial reform bill that forced the Fed to come clean on $9 trillion in additional emergency loans and bailout money.  The Fed funneled cash to foreign banks and companies right along with American banks and companies.  It basically rewarded reckless and illegal behavior of  greedy Wall Street bankers that caused the mess we are in now.

Bankers and Fools

Robert Bonomo, Contributing Writer

Activist Post

After a tense week with world markets teetering on the edge of collapse Angela Merkel finally met with her French counterpart Nicholas Sarkozy and they ended the seven-month chill in their once cozy relationship. According to The Independent, they faced a serious impasse regarding bank haircuts in the "déjà vu all over again" Greek financial crisis. Sarkozy fought tooth and nail to guarantee that the largest holders of Greek debt, the French banks, wouldn’t get a clipping. Merkel made a valiant effort to demand accountability from the banks but she finally caved in, giving great comfort to the second largest holders of Greek debt: the German banks.

According to the Financial Times, French banks are holding $53 billion in Greek debt, Credit Agricole alone is $30 billion invested, while German banks are holding $34 billion. Colloquially speaking, Frau Merkel and Monsieur Sarkozy know who their daddy is.