Home
Privacy
RSS Feed
E-Mail-
Enter your username and password
in the boxes above.
updated 23 May 2010 - Is the crisis is over, are we now left to clear up the mess? The transparency of global fraudulent finance is allowing for economic collapse in Greece, followed by Spain, Portugal and even Britain is on the watch list. It’s clear that offshore banking fraud, major banking and financial institution fraud is the cause, they engineered it to fail and are now sitting back and making even more money as Rome burns. We have to get this one organized, gather all the evidence and prosecute all the global kleptocrats AT THE SAME TIME (Offshore Banks, Bank of International Settlements, Federal Reserve, Central Banks, Financial Hedge Funds, Financial Institutions), shut down these institutions, they are responsible for tyranny. Then we can create a completely different economic system not based on money. Is it time to re-build the world? We definitely do NOT want a New World Order run by these elite globalist kleptocrats who have fraudulently lined their own pockets for centuries. We should have Francis Ford Coppolla writing the screenplay for that one? Rated R for Rothschild.
Kleptocracy – definition: Kleptocracy, alternatively cleptocracy or kleptarchy, from Greek: κλέπτης (thieve) and κράτος (rule), is a term applied to a government that takes advantage of governmental corruption to extend the personal wealth and political power of government officials and the ruling class (collectively, kleptocrats), via the embezzlement of state funds at the expense of the wider population, sometimes without even the pretense of honest service. The term means “rule by thieves”. Not an “official” form of government (such as democracy, republic, monarchy, theocracy) the term is a pejorative for governments perceived to have a particularly severe and systemic problem with the selfish misappropriation of public funds by those in power.
Max Keiser explains in simple terms, global fraud, finance bubbles, kleptocracy and the remote control device that controls the stock markets.
The Keiser Report 29 April Episode 38
This week Max Keiser and co-host Stacy Herbert look at the scandals of bailout buffets for Too Big to Fail banks; selling complexity to very profitable unsophisticated investors; how the IMF is “there to help Greece” – albeit in a Dr. Kevorkian kind of way. In the second half of the show, Max interviews economist Max Fraad Wolff about US government debt.
David Degraw gets to the real issue:
First off, let’s address these SEC charges against Goldman Sachs. At first glance you might think, oh big deal, this is just a minor civil suit that only indicts a low-level Goldman employee. Goldman will just throw some money at it and it will most likely go away. After all, Wall Street firms have already thrown over $430 billion out to derail 1500 cases against them, so what will make this any different?
We are also left wondering, if the SEC was serious about this case, why aren’t they investigating and prosecuting John Paulson and top Goldman executives under the federal Racketeer Influenced and Corrupt Organizations Act (RICO) statutes? Even the NY Times reported that top executives were involved in the process. If you think Lloyd Blankfein wasn’t fully aware of this billion dollar deal involving John Paulson, you’re delusional. Blankfein became CEO of Goldman due to his outstanding expertise in this particular area, serving as Goldman’s head of the Fixed Income, Currency and Commodities Division (FICC) since its formation in 1997.
Degraw adds:
Yet another focus of the investigation needs to be the outright fraudulent accounting scams that were exposed in the Lehman Brothers bankruptcy report and have since been proven to be standard procedure among the 18 largest politically-connected firms. As Jennifer S. Taub revealed on Baseline Scenario: “…based on data from the Federal Reserve Bank of New York, eighteen banks ‘understated the debt levels used to fund securities trades by lowering them an average of 42% at the end of each of the past five quarterly periods.’ These banks include Goldman Sachs, Morgan Stanley, JP Morgan Chase, Bank of America and Citigroup.”
Once again, the Federal Reserve played a significant role in aiding and abetting these illegal accounting scams, which of course led to record breaking bonuses that are handed out based on false profits.
This is why we must aggressively pursue RICO charges, this is an organized criminal operation of the highest degree.
The bottom line is, these are the illegal activities that led to our current crisis and what amounts to trillions of dollars lost to theft and outright fraud.
full article: How the SEC and Congress Can Bring Down Goldman Sachs and Expose the Financial Coup
Further reference : On the Edge with Max Keiser & David DeGraw
RT – Russia Today - The implications of the Greek debt crisis
permalink e-mail story to a friend print version 28 April, 2010, 17:14
With concern mounting the Greek debt crisis will become a contagion, RT Business spoke with Ben Aris, editor in chief of Business News Europe.
Alan Greenspan and the Financial Bubble – He’s a Witch
Regulating Wall Street and the Economy – Dylan Ratigan Show – Greenspan Bubble AGAIN.
Keiser Report: Scandals of President Bill Clinton’s skepticism on Goldman charges; the TARP watchdog’s handcuffs for Timmy Geithner; and the continuing “ratings surveillance” payments to credit rating agencies for defaulted CDOs being too complicated to unwind.
US Treasury slips into the red announcing $13 trillion debt - RT.com
The US government has poured $10 trillion into Wall Street in various forms of loans and purchases. So actually the public debt is quite small compared to what the US did to Wall Street, author Les Leopold told RT.
But that is not the issue, the author of the book “The Looting of America” says, claiming it is just a smokescreen for much bigger issues.
“There is a battle going on [at] a global level between sovereignty of the nation state and international community. It’s a very serious battle about economic policies are going to be set. Is it going to be set to please the markets or is it going to be set to please the needs of people of these various countries? And that is being played out right now.”
Let’s take a look at salaries on Wall Street. The top Bankster Hedge Fund Managers earnings.
$36,000 per minute – top Hedge fund manager.
$900,000 per hour – second Hedge fund manager.
Average hourly wage of a baby sitter is not much more than $12 per hour. The jobs are pretty much the same, only the Hedge Fund Manager is a criminal and is flown in by Lear Jet from a country mansion, or driven to work to Wall Street in a limousine.
Debt crisis: UK banks sitting on £100bn exposure to Greece, Spain and Portugal
Fears of a fresh banking crisis stalked the markets today as the risk of Greece defaulting on its debt repayments raised concerns about the exposure of major banks to indebted countries in Europe.
As analysts estimated that Britain’s banks have a combined exposure of £100bn to Greece, Portugal and Spain – the three countries causing most concern on the financial markets – the Financial Services Authority was closely watching the markets and assessing exposures to the vulnerable countries.
Jill goes on to say:
The impact of a downgrade
The cost of borrowing for the Greek government briefly hit 38% in a stark illustration of the impact that a downgrade can have on the health of a nation’s finances. Greece has been graded BB+ by the credit rating agency Standard & Poor’s, official “junk” territory. It is now on a par with Azerbaijan, Colombia, Panama and Romania.
Britain is one of 11 countries with a prized ‘triple A’ rating, along with Australia, Denmark, Germany, France, the United States and Luxembourg. But it is the only one of the elite to have been put on “negative watch”, a warning that it might face a future downgrade.
Is Wall Street waging “economic warfare” against the euro?
permalink e-mail story to a friend
Published 03 March, 2010, 14:01
Edited 04 March, 2010, 21:53
With Greece reportedly set to announce stringent measures to offset its crippling financial crisis, are US financial forces working behind scenes against the euro?
According to a recent report in The Wall Street Journal, the US Justice Department has launched an investigation into whether hedge funds – which include SAC Capital Advisors LP, Greenlight Capital Inc., Soros Fund Management LLC and Paulson and Co – banded together to drive down the value of euro.
The Wall Street Journal article reported a precipitous rise in large “short” positions being taken against the euro in recent weeks by the major hedge funds, who were said to have gathered behind closed doors to discuss their strategy.
It is an attempt to create a new world monetary crisis. It is economic warfare to defend the dollar by attacking Greece and through Greece attacking the euro,” journalist Webster Tarpley told RT.
The Near 1,000 Point Slide of the DJIA Compels Further Investigation of the Wall Street Casino Scam
May 7th 2010 – Yesterday’s slide in the US stock markets provides further proof that the world’s financial markets are nothing more than a rigged casino where the house (Wall Street) holds by far the better odds in every game (currency markets, stock markets, derivative markets, commodity markets) it offers the mark (the retail investor). How else could the US DJIA lose 700 points in a 10-minute span and a number of blue chip stocks lose 25%, or 30% in a matter of minutes as well? The answer? Wall Street’s use of predatory algorithmic High Frequency Trading (HFT) programs that are designed to trigger cascade-like buying and selling. To believe that, as an individual investor, you have a snowball’s chance in hell of beating these Wall Street trading programs that front run your trades or block your trade executions faster than you can blink your eye is tantamount to believing that skill is involved in winning when you shimmy up to the slot machine stool at the Bellagio in Vegas. source: Zero Hedge
From Times Online April 29, 2010
Carl Mortished World Business Editor
In the corridors of the Berlaymont building in Brussels, the home of the European Commissioners and their staff, you hear disparaging comments about the Club Med — the Mediterranean member states, including France, Italy, Greece, Spain and (erroneously) Portugal.
EU civil servants see them as freeloaders hooked on subsidies from Brussels that fund fictitious olive groves and fishing boats that scour a sea for disappearing marine life. These cynics have been having a field day with the plight of Greece, where a financial implosion has exposed not just reckless spending but the sovereign equivalent of false accounting. Previous Greek governments hid the level of their borrowings with derivative contracts (courtesy of Goldman Sachs) and then lied about the public finances.
For such offences, Greece has now been shut out of the bond markets. Much more worrying is the spreading infection of rising bond yields in Portugal and Spain. Neither has the scale of structural problems that afflict Greece, nor is their financial reporting in question. But the cost of borrowing for Portugal is now almost double that of Germany. For the moment, Portugal is not at risk but its economy is weak. Its growth over the past boom decade has averaged about 1 per cent, a factor that will hinder efforts to raise enough tax revenues to reduce debt.
The bond markets are in a deficit-intolerant mood. The hot money is flying to growth markets in Asia. No one wants to own debt issued by highly indebted low-growth sovereigns. Why buy Portuguese debt when Brazilian rates are as attractive?
Hence, the calls for urgency in sorting out Greece. If the high eurozone borrowing costs are sustained for a long period, the Club Med holiday is well and truly over.
Seize and Liquidate Goldman Sachs
Webster Tarpley
Infowars.com April 28, 2010
Today’s Senate hearings, carried on CNBC, Bloomberg, and C-SPAN, represent the first major exposure of the American people to the scandalous frauds of the derivatives casino, including synthetic collateralized debt obligations (synthetic CDOs or CDO²). These are things most people have heard very little about. They begin to open up the shocking reality behind such shopworn euphemisms like “toxic assets,” “exotic instruments,” and “troubled assets.” Reactionaries in general and Republicans in particular have done everything possible to hide the role of derivatives, which must be considered the main cause of the financial panic of September 2008 which brought down Lehman Brothers, Merrill Lynch, and AIG, after felling Bear Stearns in March of the same year. The reactionary legend, repeated yesterday on the Senate floor by financier minion GOP Sen. Gregg of New Hampshire, is that the crisis was caused by poor people taking out subprime mortgages and then defaulting, bringing down the entire Anglo-American banking system and triggering the bailouts. full story
News Items:
“Enough is Enough” NYC rallies against Wall Street
Thousands of workers and trade union leaders have marched in anger over lost jobs and ruined lives in the largest anti-Wall Street rally since the credit crunch began in New York.
RT – 30 April 2010
Trichet Calls For Corrupt BIS To Boss Global Government In CFR Speech
Paul Watson Jones - Prisonplanet.com
European Central Bank (ECB) President, Jean-Claude Trichet tells insiders at the Council on Foreign Relations, that a secretive group of international bankers – responsible to no nation state – will become primary engine of world government. The BIS (Bank of International Settlements) is a branch of the Bretton-Woods International Financial architecture and closely allied with the Bilderberg Group. It is controlled by an inner elite that represents all the world’s major central banking institutions. John Maynard Keynes, perhaps the most influential economist of all time, wanted it closed down as it was used to launder money for the Nazis during World War II.
The BIS board of directors are ready to hear your ideas for a New World Order. Do you have a concept for Eugenics, need weapons to invade a country? BIS could offer direct connections through our portfolio of clients to be your partner in illegal bio-weapons.
Genocide is a speciality. It seems they can give you a “no questions asked – no risk profit” – guaranteed. The board of directors of the former Nazi bank, the BIS are ready to finance your capital needs. Perhaps they are just waiting for you to drop by to their offices in Basel or call them today in complete confidence for an appointment to discuss your plan. Don’t worry, the BIS and their board members are above International Law and they’re proud of letting everyone know that.
| Location: | Centralbahnplatz 2 Basel Switzerland |
| View map | |
| Postal Address: | CH-4002 Basel |
| Telephone: | (+41 61) 280 8080 |
| Fax: | (+41 61) 280 9100 and (+41 61) 280 8100 |
| Telex: | 962 487 biz ch |
| SWIFT address: | BISBCHBB |
| Website: | www.bis.org |
“America lives in a fascist state” – Gerald Celente
permalink e-mail story to a friend print version
Published 19 April, 2009, 09:47
Edited 04 March, 2010, 20:47
The merger of corporate and government powers in modern America is plain and simple fascism, believes Gerald Celente, the founder of the Trends Research Institute and publisher of Trends Journal.
Celente takes an in-depth look at what AIG and Goldman Sachs really are and the people behind them; explains the policies of the Obama’s administration, and the moral basis for a forthcoming new American Revolution.
Well, perhaps the quiet involvement of Goldman Sachs and the Rothschilds may explain as these global powerhouses have been getting their way with governments since long before most modern governments even existed.
In 1750, 26 years before the American Declaration of Independence the Rothschild family began their journey to become the most powerful financial family in world history and though to this day the vast majority of their holdings are privately held, estimates of their family holdings are as much as $167 trillion dollars. Strategic actions over the 258 year continuous evolvement of the Rothschilds has led to control of much of the world supply of gold, oil, diamonds and many other assets.
As for Goldman Sachs, they were founded in 1869, shortly after the end of the US Civil War and at the dawning of the industrial revolution in America joining yet another family firm still around today, J.P. Morgan whose work to save the Union during the Civil War earned it many privileges during the explosion of growth in America including the opportunity to finance the Rockefeller Standard Oil empire with Rothschild money.
Is Arnold, Austrian born son of an SS officer being groomed to be the next US President?
Schwarzenegger flanked by Warren Buffet, left, and Lord Rothschild, at stately Waddesdon Manor.
From the sidelines it seems a slick piece of synergy by the billionaire Buffet: organise a lavish conference at Waddesdon Manor in Buckinghamshire, the ancestral home of the Rothschild banking family, invite the world’s leading businessmen and financiers, and dazzle them with a major Hollywood star. Schwarzenegger, an astute businessman himself with a degree in business and economics from the University of Wisconsin, gains the wisdom and knowledge of guest speakers such as James Wolfensohn, president of the World Bank, Jorma Ollila, chief executive of Nokia and Roland Berger, a prominent consultant in global strategy. full story
Warren Buffet’s New Scam Is Also Quite Brilliant
this page will be updated with new articles as events unfold.
Links to Alternative News and whistleblower websites:
Links to Positive Solutions for the future:
http://www.thevenusproject.com/
Safe Baking Act – HR 5159 / S 3733
US Senators have introduced a 20-page amendment to address the banking problem.
No Responses Yet
Del.icio.us
Digg
Technorati
Magnolia
Newsvine
Reddit