| Aug 5, 2010 |
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PRIVATE WEALTH: A thing of the past?
A majority of Americans thinks the federal government has become so large and powerful it poses an immediate threat to our rights and freedoms, according to a recent CNN poll. The Obama Administration urgently need new ways to finance their stratospheric government spending. Could this government confiscate gold from private citizens to pay public debts?
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| Jul 19, 2010 |
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Shocking Surprises Yet Ahead for the U.S. Housing Market…
New
home sales dropped a record 33 percent in May. That brings them down to
a record low of 300,000 units at an annual rate. This breaks the former
all-time low of 341,000 set back in April of 2009, right in the middle
of a recession.
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| Jun 29, 2010 |
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Currency devaluation ahead!
Today public confidence in over 200 paper
(fiat) currencies worldwide is hanging by a thread. We have now entered
the next phase of the global financial crisis.
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| Oct 12, 2009 |
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Under way just one week, 2 million "pink slips" – individually addressed notices to each member of the House and Senate, complete with sender's name and return address – are on their way to the Capitol by Fed Ex courier letting every member
Washington's red ink prompts run on pink paper
Notices to Congress closing in on 2 million after 1 week
Posted: October 01, 200911:20 pm Eastern
© 2009 WorldNetDaily
A run on pink paper? What?
That's exactly what's happening, largely because of the "Send Congress a Pink Slip" campaign that has reached the 2 million mark and is being called an "unprecedented success" and a historic grass-roots lobbying effort.
Under way just one week, 2 million "pink slips" – individually
addressed notices to each member of the House and Senate,
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| Jan 4, 2009 |
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I believe that banking institutions are more dangerous to our liberties than standing armies.
I believe that banking institutions are more dangerous to our
liberties than standing armies. If the American people ever allow
private banks to control the issue of their currency, first by
inflation, then by deflation, the banks and corporations that will grow
up around [the banks] will deprive the people of all property until
their children wake-up homeless on the continent their fathers
conquered. The issuing power should be taken from the banks and
restored to the people, to whom it properly belongs.
Thomas Jefferson, (Attributed)
3rd president of US (1743 - 1826)
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| Nov 8, 2008 |
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The largest debt bubble in the history of mankind is on the verge of deflating and collapsing as world leaders and central bankers fly around the globe to one crisis meeting after another.
Time To Bunker Down
Joe Average
November 2008
Global Panic Spreads
The largest debt bubble in the history of mankind is on the verge of deflating and collapsing as world leaders and central bankers fly around the globe to one crisis meeting after another. No sooner is one panic quelled or some hasty band-aid fix slapped into place to stop a financial collapse, then another breaks out somewhere else. The bad news just keeps on coming;
ICELAND...Bankrupt...Oct.2008 nationalises banks; turns to International Monetary Fund for help. BALTIC DRY INDEX...Down
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| Oct 8, 2008 |
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At the heart of the problem is that our money system has been privatized.
"The private financial sector has failed. The public sector is expected to
rescue them and it will. Therefore the public sector should control the
money system to benefit the country".
Monetary Reform of the Federal Reserve System.
At the heart of the problem is that our money system has been privatized.
Naturally it's been run for the benefit of the "privates" in control, with
minimal concern for the public interest.
Legislation called The American Monetary Act has been in preparation for
years. It's based on well known monetary principles and actual experience
from our
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| Sep 29, 2008 |
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Since 1972, private banks have created money by extending credit to governments at every level and always collecting for themselves the going rate of interest.
From: Jerry Ackerman
To: Chronicle Herald Letters
Sent: Thursday, September 18, 2008 8:39 PM
Subject: Op Ed Piece on Money Meltdown
The Money Meltdown
If Jack Layton is to deliver on his promise "to protect Canadians with new
banking regulations" (Sept. 17, Welland, ON), he'll need to pay close attention
to what has happened and what is now happening at the Bank of Canada.
When I say the Bank of Canada, I mean OUR bank - the people's bank, the only publicly-owned central bank in North America. Nationalized in 1938 by the government of the newly-elected prime minister,
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| Sep 28, 2008 |
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27/09/08 "ICH" -- - The financial system is blowing up. Don't listen to the experts; just look at the numbers.
Trouble in Banktopia By Mike Whitney
27/09/08 "ICH" -- - The financial system is blowing up. Don't listen to the experts; just look at the numbers. Last week, according to Reuters, "U.S. banks borrowed a record amount from the Federal Reserve nearly $188 billion a day on average, showing the central bank went to extremes to keep the banking system afloat amid the biggest financial crisis since the Great Depression." The Fed opened the various "auction facilities" to create the appearance that insolvent banks were thriving businesses, but they are not. They're dead; their liabilities exceed
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| Sep 28, 2008 |
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"Our economy is facing a moment of great challenge. ... We're in the midst of a serious financial crisis." - George W. Bush, September 24, 2008
Tragedy in the Making in Washington and on Wall Street: The Canadian Solution
By Rodrigue Tremblay
"When troubles come, they come not single spies, but in battalions." - Shakespeare (1564-1616) "The liberty of a democracy is not safe if the people tolerate the growth of private power to the point where it becomes stronger than the democratic state itself. That in its essence is fascism — ownership of government by an individual, by a group or any controlling private power." Franklin D. Roosevelt (1882-1945), 32nd US president "Our economy is facing a moment of great challenge. ... We're
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| Sep 28, 2008 |
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Until the early 1970s, all private banks were regulated. Their restrictions involved reserve requirements, limited loan periods, and maximum interest rates.
From: Jerry Ackerman
To: Chronicle Herald Letters
Sent: Thursday, September 18, 2008 8:39 PM
Subject: Op Ed Piece on Money Meltdown
The Money Meltdown
If Jack Layton is to deliver on his promise "to protect Canadians with new
banking regulations" (Sept. 17, Welland, ON), he'll need to pay close attention
to what has happened and what is now happening at the Bank of Canada.
When I say the Bank of Canada, I mean OUR bank - the people's bank, the only
publicly-owned central bank in North America. Nationalized in 1938 by the
government of the newly-elected prime minister,
[full story]
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| Sep 20, 2008 |
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Former Fed chairman Alan Greenspan said the U.S. credit squeeze has brought on a "once-in-a-century" financial crisis that is likely to claim more big firms before it eases. "Indeed, it will continue to be a corrosive force until the price
Markets sank in Europe and Asia today, stock index futures slipped sharply on Wall Street, and the dollar plunged as two giant investment banks, Lehman Brothers and Merrill Lynch, collapsed over the weekend. Compounding the financial uncertainty, insurance giant A.I.G. "sought a $40 billion lifeline from the Federal Reserve, without which the company may have only days to survive."
Former Fed chairman Alan Greenspan said the U.S. credit squeeze has brought on a "once-in-a-century" financial crisis that is likely to claim more big firms before it eases. "Indeed, it will continue to be a corrosive
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| Sep 19, 2008 |
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This is the sort of thing you expect, with great trepidation, if you're Haiti, or Pakistan, or Malawi, or Argentina on the brink of financial meltdown -- but the United States?
Is the 'Good Life' as America Knows it Over?
By Steve Fraser, Tomdispatch.com
Posted on September 19, 2008, Printed on September 19, 2008
www.alternet.org/story/99395/
Introduction by Tom Engelhardt: Among the many media spectacles of the moment, the most unnerving is undoubtedly the crisis on Wall Street that has already essentially toppled Bear Stearns, Lehman Brothers, Fannie Mae and Freddie Mac, Merrill Lynch, and -- probably not last and certainly not least -- the gigantic insurance company AIG, which has just been given $85 billion in taxpayer moneys to liquidate itself. Before
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| Sep 17, 2008 |
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The American economy has been heading in the wrong direction for seven years, as conservatives rewrote the rules of the market to reward corporate excess and to deprive American families of economic opportunity.
ECONOMY Green Recovery Now
The American economy has been heading in the wrong direction for seven years, as conservatives rewrote the rules of the market to reward corporate excess and to deprive American families of economic opportunity. The wave of toxic debt crashing into Wall Street is but a symptom of the broken economic fundamentals that have made good jobs, good education, and good health care harder to find for most Americans year after year. The Bush administration's exploitation economy has drilled our nation to the benefit of oil companies, multinational corporations, and billionaire
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| Aug 26, 2008 |
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Magic Bank never tells its customers the truth that it does not have any money to lend, nor are they permitted to use their depositors' money to lend to its borrowers.
Are you in debt?
Let's take a look at a typical mortgage loan transaction:
A typical real estate purchase and sale goes down as described below after the buyer and the seller have signed the agreement of purchase and sale:
The buyer goes to Magic Bank in response to the bank's claim that it is in the business of lending money in accordance to its corporate charter. The buyer went to the bank believing that Magic Bank had the asset
[full story]
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| Aug 25, 2008 |
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We have utilized home equity loans, cash out refinancing, credit card debt, and auto loans to live above our means.
The Great Consumer Crash of 2009
by James Quinn August 19, 2008
James Quinn is senior director of strategic planning, the Wharton School, University of Pennsylvania. "It is easy to ignore the storm if you look at the opposite horizon. When the storm reaches your location there can be no more ignorance." I hate to tell you, but the storm has reached your location and it is a Category 5 hurricane. The levees are leaking. Ignore it at your own peril. The 6,000 sq ft McMansion buying, BMW leasing, $5 Starbucks latte drinking, granite countertop upgrading, home equity borrowing days are
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| Aug 18, 2008 |
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This time, no one laughed. "He sounded like a madman in 2006," recalls the I.M.F. economist Prakash Loungani, who invited Roubini on both occasions. "He was a prophet when he returned in 2007."
Meet the Economist Who Thinks We're Doomed
By Stephen Mihm, The New York Times
Posted on August 18, 2008, Printed on August 18, 2008
www.alternet.org/story/95375/
On Sept. 7, 2006, Nouriel Roubini, an economics professor at New York University, stood before an audience of economists at the International Monetary Fund and announced that a crisis was brewing. In the coming months and years, he warned, the United States was likely to face a once-in-a-lifetime housing bust, an oil shock, sharply declining consumer confidence and, ultimately, a deep recession. He laid out a bleak sequence
[full story]
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| Jul 30, 2008 |
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FDIC Severely Undercapitalized To Handle Coming Bank Failures
FDIC Severely Undercapitalized To Handle Coming Bank Failures
Author: *Jim Sinclair* *Dear CIGAs,*
Because all of us here at JSMineset care, here is the FDIC and SIPC missive
from this weekend.
Have you protected yourself?
FDIC Insurance quoted by all banks to calm the fear of depositors is another
exercise in smoke and mirrors. This can be seen in the recent commentary
from FDIC on last week's takeover of the insolvent banks, First National and
First Heritage.
The FDIC notes that this bailout cost only $862 million dollars, or 0.30
percent of the $13.4 trillion
[full story]
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| Jul 30, 2008 |
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Gold, Silver and the IRS
SILVER, GOLD AND THE IRS
by Derry Brownfield
NewsWithViews.com
June 15, 2008
I began a recent presentation before a large group of cattle producers (R-CALFUSA) by showing a paper dollar bill and a silver coin. The words ?one dollar? is inscribed on both the coin and the paper, yet the paper dollar will only pay for about one quart of gasoline at today?s prices, while the silver dollar will pay for well over five gallons. I explained to my audience that consumer prices are not high ? the paper dollar has lost most of its value. It makes no difference how high the price of gasoline goes,
[full story]
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| Jul 22, 2008 |
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Nightmare on Wall Street: Washington Can't Bail out the Sea of Red Ink
Nightmare on Wall Street: Washington Can't Bail out the Sea of Red Ink
By Bill Moyers, Bill Moyers Journal
Posted on July 22, 2008, Printed on July 22, 2008
www.alternet.org/story/92286/
The following is a transcript of an interview with author Bill Greider from the July 18 broadcast of Bill Moyers Journal(watch the video).
Bill Moyers:With me now is one of America's leading chroniclers of money, power, and politics, who says what's happening is the disgrace of Wall Street, its excesses paid for by people like those in Cleveland and millions like them around the country. William
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| Jul 16, 2008 |
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In a world growing more strange and dangerous by the minute it behooves us to pay close attention to what is going on around us.
On The Edge of Financial Armageddon
The ‘perfect storm’ is coming.
I am going to publish several newsletters on the current financial situation and the threatening economic collapse. It seems a new era is upon us that most of us have not yet full grasped so I hope to do my readers the service of presenting information in depth about the unfolding crisis as it is happening. Though people do not normally see it economic realities will have a great bearing on medicine, health and even psychology as peoples’ financial realities shift radically.
The world has changed
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| Apr 13, 2008 |
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11/04/08 "Asia Times" -- -- The financial and economic crisis now upon us is by far the most menacing of the past century - even more so than the Great Depression of the 1930s. It is not just a "subprime" crisis; it is systemic - affec
Former Australian ambassador to the European Union and Australian representative at the United Nations..........
The Black Death of financial collapse
By James Cumes 11/04/08 "Asia Times" -- -- The financial and economic crisis now upon us is by far the most menacing of the past century - even more so than the Great Depression of the 1930s. It is not just a "subprime" crisis; it is systemic - affecting the entire financial system. It is also global, affecting various countries in various ways but affecting them all. In achieving a certain "globalization", we have been uniquely successful
[full story]
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| Jan 5, 2008 |
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poverty caused by the bad influence of the English bankers on the Parliament: which has caused in the Colonies hatred of England, and the Revolutionary War
A brief History of BankingControl in the United States (An article by Alain Pilote)
The happiest population Benjamin Franklin
We are in 1750. The United States of America does not yet exist; it is the 13 Colonies of the American continent, forming “New England”, a possession of the motherland, England. Benjamin Franklin wrote about the population of that time: “Impossible to find a happier and more prosperous population on all the surface of the globe.” Going over to England to represent the interests of the Colonies, Franklin was asked how he accounted for the prosperous conditions prevailing
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| Jan 4, 2008 |
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History textbooks erroneously teach that it was the tax on tea that triggered the American Revolution. But Franklin clearly stated:
A brief History of BankingControl in the United States (An article by Alain Pilote)
The happiest population Benjamin Franklin
We are in 1750. The United States of America does not yet exist; it is the 13 Colonies of the American continent, forming “New England”, a possession of the motherland, England. Benjamin Franklin wrote about the population of that time: “Impossible to find a happier and more prosperous population on all the surface of the globe.” Going over to England to represent the interests of the Colonies, Franklin was asked how he accounted for the prosperous conditions prevailing
[full story]
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| Dec 9, 2007 |
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Goldman paints bleak picture for housing, financials
Goldman paints bleak picture for housing, financials
Tue Nov 20, 2007 7:19am EST
NEW YORK (Reuters) - Goldman Sachs issued a gloomy report on the U.S. financial services sector, saying housing prices are likely to fall a lot further, write-downs will mount and some mortgage insurers and guarantors will be forced to raise capital just to survive.
Falling house prices and a worsening economy will drive down securities based on residential mortgages, especially those given to borrowers with the riskiest credit, Goldman Sachs financial analysts Lori Appelbaum, Thomas Cholnoky, James Fotheringham
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| Dec 2, 2007 |
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The main players are made up of the Knights of the Garter and the Queen and Queen Mother themselves are members of both the Inner and Middle Temple.
Legal System vs. Law System
[Authored by Jim Townsend]
Here is how the scam works. In the City of London, there are four Inns of Court. These Inns are private country clubs of the rich and have been around for 1000 years, so they certainly have perfected their techniques. Their trade is deceit. There is a difference between 'lawful' and 'legal'. Lawful contemplates the spirit of the law and is embodied in the moral and ethical consideration of rendering unto each man his due. Legal is the 'form of the law' and merely means that it is written
[full story]
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| Nov 30, 2007 |
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Consumer-Driven Culture Is Killing Our Democracy
Consumer-Driven Culture: A phancy phrase for Greed! Consumer-Driven Culture Is Killing Our Democracy
By Terrence McNally, AlterNetPosted on November 28, 2007, Printed on November 28, 2007 www.alternet.org/story/68927/
Here's a quick quiz. Do you love bargains? Do you enjoy the power and convenience of shopping online for the best deals on electronics or travel or anything else? Do you favor cutthroat corporate competition that devours small, local businesses? Do you applaud the sweatshop labor it takes to produce your sweatpants for less?
Feeling schizophrenic, yet?
Former Secretary of
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| Nov 25, 2007 |
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Hundreds of banks threatened by new subprime crisis Court ruling blocks institutions from profiting from foreclosures
This is a WorldNetDaily printer-friendly version of the article which follows. To view this item online, visit www.worldnetdaily.com/news/article.asp?ARTICLE_ID=58799 Tuesday, November 20, 2007
BIZNETDAILYHundreds of banks threatened by new subprime crisis Court ruling blocks institutions from profiting from foreclosures
Posted: November 20, 200711:45 p.m. Eastern
By Jerome R. Corsi
© 2007 WorldNetDaily.com Deutsche Bank headquarters in Frankfurt, GermanyThe reserves of hundreds of banks are at risk, including some major banks, after a little-noticed federal court decision signaled
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| Nov 24, 2007 |
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President Kennedy, the Federal Reserve and Executive Order 11110
----- Original Message ----- From: Gee Temp To: "Undisclosed-Recipient:;"@mail.wide.net.au Sent: Saturday, November 24, 2007 10:35 AM
Subject: Kennedy Killed by The Bankers
President Kennedy, the Federal Reserve and Executive Order 11110 by Cedric X
From The Final Call, Vol15, No.6, on January 17, 1996 (USA) On June 4, 1963, a little known attempt was made to strip the Federal Reserve Bank of its power to loan money to the government at interest. On that day President John F. Kennedy signed Executive Order No. 11110 that returned to the U.S. government the power to issue
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| Oct 8, 2007 |
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"The Greatest Fraud of all time is that Banks create money for themselves 'out of thin air' and inject it into the economy as loans
Dear Jim,
A couple of years ago I had business cards printed up with "BANKS AND JUDGES; Email: jhwilson@acay.com.au ; www.rightsandwrong.com.au " on one side and "The Greatest Fraud of all time is that Banks create money for themselves 'out of thin air' and inject it into the economy as loans which they recoup with interest" and "The Greatest Corruption of all time as that Judges conceal the fraud." on the other. I still have some left.
Yours sincerely,
John Wilson.
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| Sep 25, 2007 |
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Understanding student debt is designed to enslave each new generation.
Fogal_contacts list: For removal send email Fogal_contacts-unsubscribe@falstaff.canadianactionparty.ca
RE STUDENT DEBT
Here is an excellent video created by members of COMER (Committee on Monetary and Economic Reform)
It focuses on student debt to generate an understanding of money and debt.
Please distribute this information on your lists and in particular bring it to the attention of students, both university and college.
The video will also be on our website soon. (Our host is currently down)
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| Sep 23, 2007 |
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MORTGAGE FORECLOSURE IS FRAUD
MORTGAGE FORECLOSURE IS FRAUD:
FRAUDULENT LOAN CONTRACTS:
Under COMMON LAW, there are 8 essential elements for the creation of a contract, ie: (1) offer; (2) acceptance; (3) sufficient consideration; (4) intention to enter legal relations; (5) capacity to contract; (6) legality of purpose; (7) genuine consent; and (8) certainty of terms.
VARIABLE INTEREST RATES render a contract void for uncertainty. To make out that an illegal contract is valid is fraud and obtaining money by fraud is stealing.
FRAUDULENT DEFAULT JUDGMENTS:
“No Freeman shall be dispossessed unless by the
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