Seeing Spanish and Italian bond yields drop over the past few days, it’s impossible not to wonder what it is the markets, whoever they’re comprised of, can’t seem to figure out. Like that the Italian cloud will hang over Europe well into summer, Cyprus is falling to scandalous bits, French president Hollande is hanging on to his job for dear life because his friend and Budget minister Jerome Cahuzac was [...]
March 18, 2013
There’s only one reason people leave money in a bank: because they think it’s safe there. They think they can get their money back out when they ask for it. This trust is what makes bank accounts possible, and without this trust, there is no longer any reason to put money in any bank.
The government of Cyprus just destroyed that trust across the entire EU. How did it accomplish [...]
From Bruce Krasting:
The Congressional Budget Office (CBO) did a good job of shredding the electric car industry and the government’s role in its evolution with this report…
I’m not knocking electric cars… I’m knocking D.C.’s role in this industry. Washington has provided the loot necessary for research on battery design, it has committed to up to $25Bn of soft loans to the auto industry and it is subsidizing every electric car [...]
Maybe now people will start to believe, in light of 10 more Tungsten filled gold bars being found. This is just the beginning! 400oz bars have been massively counterfeited and the gold stolen, this is the largest true wealth robbery in the history of the world.
Think about it, imagine you own a 400oz gold bar, and you worry it may be counterfeit. What do you do? If you drill it [...]
Is happening all over Again ..
like on argentina on 2001 .. now is happening on spain
Union leaders in Spain loot a supermarket ,
they call it “Expropriation” in order to supply a community
food center, for people who cant afford the basics
sadly here ..not was even “ORGANIZED” like dat..
it was just a Grab and Take…
First The Spanish city of Girona has decided to lock supermarket rubbish bins to stop people scavenging for [...]
Dimon didn’t disclose this “paltry” 2B investor loss because he was ethical.
Three Top Executives didn’t resign on account of a 2B loss.
Dimon disclosed and those three resigned to try and get ahead of the impending “disaster” (Dimon’s words)!
“It’s not often that a huge company calls an emergency teleconference on short notice to discuss an intra-quarter trading loss that’s equivalent to only 1 percent of shareholder equity. So when a Deutsche [...]
(Credit: Pittsburgh Bureau of Police)
PITTSBURGH (KDKA) — Police say they stole thousands of dollars in cash and goods, and then posed with their loot and posted the photos to a popular social media site.
Police say the three suspects, along with another teen, posted the photos on Facebook about an hour after they burglarized Elliott’s Town Market on Chartiers Avenue in the West End.
“We received information the day after the burglary [...]
This is a long read with a explanation that builds up to the end, but I think it’s worth reading. A must-read for those who want to delve into the shark tank that is derivatives and re-hypothecation trading.
It’s a thought about what the banks may be doing to each other in this end game, where neither Plan A (Central Bank rescues) nor Plan B (banks preying on banks) bode well for [...]
$22 million incentive package helped bring Chiquita to Charlotte
By: Becky Bereiter
Updated 1:12 PM
CHARLOTTE — More information is being released about incentives package that helped persuade Chiquita Brands International to move its corporate headquarters to Charlotte.
Chiquita CEO Fernando Aguirre is not hiding the fact that the $22 million incentives package played a major role in bringing the company to the Queen City. $20 million came from the state and $2 million [...]
MORRISTOWN, N.J., Sept. 19, 2011 /PRNewswire/ — On September 25th, Liquid Church of New Jersey is doing something unprecedented during its six Sunday morning church services. With the economy stalled and congregants struggling financially, the church is conducting a “Reverse Offering” — giving away the usual Sunday collection of $30,000 cash to all in attendance. The church is also in the process of releasing an [...]
RANGE of 111,682-894,531 1RAQI DEATHS + 17,400 AFGHANI DEATHS
Year – 1raqi Deaths
Total 111,682 De.aths
At least 894,531 people killed in Afghanistan and Iraq
Iraqi troops killed 30,000
Iraqi civilians killed 864,531
Afghan troops killed 8,587
Afghan civilians killed 8,813
7,476 COMBINED COALITION DE.ATHS IN [...]
Former New York City computer manager Natarajan Venkataram had repeatedly apologized for stealing $10 million from federal grants to help identify the remains of 9/11 victims.
But he wasn’t sorry enough to return more than $400,000 stashed in his bank account in India.
Venkataram — now serving 15 years in federal prison — had actually been fighting in court to try to block authorities from seizing his ill-gotten [...]
Police Let Flash Mob Loot 7-11 A 7-11 in Montgomery County, Maryland was hit by a flash mob on August 13, 2011. The clerk activated a silent alarm, but police waited until the mob left the store before responding. Further, according to the video, the officer refused to investigate the crime, and only viewed this incident as shoplifting.
Tags: 7-11 Seven Eleven looting robbery flash mob [...]
The fate of a man who went missing 27 years ago was revealed when renovators found a skeleton wedged in the chimney of an historic bank building.
The remains were found in May in an Abbeville, La., building when construction workers began restoring it. They were recently identified as Joseph Schexnider, who vanished in 1984 before a court appearance on charges of stealing a [...]
$BANKSTER MYTH #1: USA MUST PAY INTEREST ON DEBTS!
$BANKSTER MYTH #2: Read my LIPS: No TAXES ON $BILLIONAIRES/$BANKSTERS – THEY MAKE JOBS!
MYTH #1 DEBUNKED: MUST MAKE INTEREST PAYMENTS LIE!
Lincoln ZERO% Greenbacks PROVED THIS A L1E! Banksters demanded Lincoln pay 25%-30+% Interest to finance Civil War so Instead Lincoln printed ZERO% Greenbacks and PAID ALL EXPENSES with NO INTEREST!
USA can do it again! PAYOFF ALL $14.4 TRILLION [...]
Police are investigating two armed robberies in Milwaukee’s Riverwest neighborhood and allegations that a group of teens, who might have been involved in the robberies, later beat several people at Reservoir Park.
The robberies happened in Kilbourn Reservoir Park in the 800 block of E. North Ave. at 11:50 p.m. Sunday, and another about 25 minutes later, according to Milwaukee Police spokeswoman Anne E. Schwartz. Authorities don’t know if the two [...]
USA Top 1% LOOT MORE THAN
BOTTOM 50 % Earn
USA TOP 400 RICHEST LOOTERS OWN MORE WEALTH THAN
BOTTOM 50 % OF AMERICANS – Over 150 MILLION PEOPLE
USA Top 1% have MORE Wealth than the combined wealth of the BOTTOM 90% - Over 278 Million People!
Just LIKE N0RQU1ST, Pete PETERSON, AND THE K0CHS L0VE IT!
END THE RULE BY THE CRIMINALS WHO BOUGHT and OWN 98 SENATORS!
“The owners of [...]
ABC’s Emily Friedman (@abcemily) reports: After spending the day in Chicago fundraising, Mitt Romney sat down with small business owners at Gino’s East, a pizza joint famous for their deep-dish pizza.
Not wanting any of the leftover slices to go to waste, Romney sent the remaining pies to where else but President Obama’s Chicago reelection headquarters.
Asked if the pies actually made it to Obama’s HQ, a campaign source said that they [...]
by Philip Taylor
$100,000 Loan for 30 Years for Various Interest Rates
Int. Rate Total Interest Paid Total all payments
0% $0 $100,000 (Lincoln Greenback 0% Credit Currency) NO INTEREST
1% $16,244 $116,244
2% $33,950 $133,950
3% $53,058 $153,058
5% $95,154 $195,154
6% $117,947 $217,947
10% $218,238 $318,238
15% $356,901 $456,901
20% $502,538 $602,538
25% $650,930 $750,930
30% $800,344 $900,344
300% $8,900,000 [...]
This week Max Keiser and co-host, Stacy Herbert, report from Cairo on war profiteers blaming foreign â€˜financial terroristsâ€™ for the economic collapse that they helped cause.They also talk about Gaddafiâ€™s billions and Chinaâ€™s gold. In the second half of the show, Max talks to investigative journalist and blogger, Hisham Allam, about Egyptâ€™s revolution and what his investigations into corruption are finding in terms of [...]
AMERICA SPENDS 58% OF DISCRETIONÂARY BUDGET ON THE MILITARY IN 2009 AND GROWING:
2011: SAME 58%:
Dubious Threats to National Security RAKE IN MASSIVE DIVIDENDS for FINANCIAL-ÂMILITARY ARISTOCRACÂY!
ContractorÂs like Blackwater XE and Haliburton have successfulÂly used military SPENDING to POCKET $BILLIONS IN TAXPAYER DOLLARS disguising WEALTH redistribuÂtion.
Banksters who FINANCE BOTH SIDES of virtually every WAR, always WIN, RAKING IN MASSIVE LOOT!
98% of All Welfare goes to Richest 0.1% + their Corporate Interests: Â THE CORPORATE WELFARE QU-EENS!
1. Lowest Effective Tax Rate (16.1%) for Richest 0.1% in Civilized/ IndustrialÂized world! Use of 15% CAPITAL GAINS TAX and even then many Rich – Offshore their Loot to avoid Taxes! Â Â The BUSH TAX CUT COST $3.5 TRILLION and REWARDS MOSTLY THE RICHEST AMERICANS!
2. $3.8 Trillion to $28 [...]
Ireland now in disarray after its severe austerity measures didnâ€™t do the trick, they calmed the IMF and their treasuries for a short while, but now interest on their mega debts have soared as their debts have spiralled out of all control their bond market is collapsing as reality is all too obvious they are heading for sovereign default.
They are following in the footsteps of Iceland and they wonâ€™t [...]
by Joe Weisenthal
$67 million is a speeding ticket. Pay the ticket and enjoy retirement while millions of families lose their homes to Countrywide’s fraudulent loan practices.
His networth is $600 Million. Rob the bank and keep 90% of the loot. PATHETIC.
Just $67.5M and that’s how much it will cost former Countrywide CEO Angelo Mozilo to settle charges against him brought by the SEC.
(Remember, Mozilo was sued by the SEC in June [...]
by Brett Arends
Tuesday, August 3, 2010
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???Commentary: Healthy balance sheets? They owe $7.2 trillion, the most ever
You may have heard recently that U.S. companies have emerged from the financial crisis in robust health, that they’ve paid down their debts, rebuilt their balance sheets and are sitting on growing piles of cash they are ready to invest in the economy.
You could hear this great news pretty much anywhere â€” maybe [...]