(Ed. note: The article below was translated from Germany’s Deutsche Wirtschafts Nachrichten, DWN, news journal posted on September 19, 2013)
The Bank for International Settlements (BIS) is the current situation on the financial markets as worse than before the Lehman bankruptcy. [Read more…]
You want to get a taste of what people across the world are saying about the Cyprus bailout plan?
Look no further. The handful of comments posted below are just a small sampling of what people are thinking when learning a government plans to raid saver’s money to bailout their banks. It’s an appalling idea no matter how any of the NWO brainiacs in the EU want to spin it. And sure there is some backpedaling going on BUT it is the very idea that a government would knowingly breach the trust of its people in such a deceptively dishonest manner that have people in an uproar.
One thing is certain the Cyprus people are having none of it! [Read more…]
Michael Snyder, Contributor
Activist Post
Does a shadowy group of obscenely wealthy elitists control the world? Do men and women with enormous amounts of money really run the world from behind the scenes? The answer might surprise you. [Read more…]
by Helen Tansey
January 25, 2012
One can’t help but be suspicious about the timing of Lanny Breuer’s, Assistant Attorney General for DOJ’s Criminal Division, recent decision to step down. Breuer was responsible for holding accountable the TBTF banking thieves who singlehandedly imploded America’s economy not to mention the rest of the global economy in 2008. [Read more…]
I’ll bet you didn’t know you were held financially responsible to house, feed and clothe this mother’s 15 kids? According to her you are!
Banking scandals have grown so common that perhaps folks have simply run out of outrage. Or maybe the numbers are just too huge to wrap our mortal heads around.
Whatever it is that’s behind the relatively light news coverage and lack of public debate on this incredible LIBOR rate-rigging scandal thus far, the story is not going away. [Read more…]
Russia Today provides UKIP’s Nigel Farage the opportunity to detail the ongoing European Union’s debt crisis, and as we’ve all come to expect from Farage he does not mince words. [Read more…]
June 21, 2012
By Matt Taibbi
Someday, it will go down in history as the first trial of the modern American mafia. Of course, you won’t hear the recent financial corruption case, United States of America v. Carollo, Goldberg and Grimm, called anything like that. If you heard about it at all, you’re probably either in the municipal bond business or married to an antitrust lawyer. [Read more…]
Senator Sanders has apparently had enough with the Bankster Mafia being rewarded rather handsomely for ripping off American’s who only wanted a piece of the so-called American Dream…home ownership. Sure many received plump loans to buy homes they couldn’t afford, but it’s the bankster mafia that gave them the loans, certainly not you and me, the tax debtpayer. [Read more…]
Read author Simon Johnson’s review of Ferguson’s “Predator Nation” [Read more…]
Anyone spending anytime on the internet these last couple of weeks would have come across some article exclaiming Facebook was going to shatter all IPO records known to man. Buying shares would make you an instant millionaire or billionaire in the case of the FB management team. The steady drumbeat message was buy, Buy, BUY!!! [Read more…]
by Mike Krieger
The powers of financial capitalism had another far-reaching aim, nothing less than to create a world system of financial control in private hands able to dominate the political system of each country and the economy of the world as a whole. This system was to be controlled in a feudalist fashion by the central banks of the world acting in concert, by secret agreements arrived at in frequent private meetings and conferences. The apex of the system was to be the Bank for International Settlements in Basel, Switzerland, a private bank owned and controlled by the world’s central banks which were themselves private corporations. [Read more…]
First up is UK’s Nigel Farage lambasting Van Rompuy for his duplicitous handling of the Greece bailout. Watch the full clip, there is a bit of Farage humor at the end…you won’t be disappointed –
“When the hell do we the so called common people wake the hell up? Unlimited money supply is not enough for these people. They want all of our souls!!”
Kyle Bass, Hayman Capital Hedge Fund Manager, is best known in the finance world for predicting the 2008 housing market meltdown. Few listened then, but took his careful study of markets more seriously after the housing market imploded. Btw, he made millions. [Read more…]
Jon Stewart nailed it on last nights “The Daily Show” when opening his new series titled “How the F#@k is it that Martha Stewart went to jail” when not one Wall Street bankster has been held accountable for the 2008 meltdown that we are still suffering from today. So Martha goes to jail who made dough from an insider tip, yet the entire banking elite goes home to their families every night not feeling even a tiny bit of fear for being arrested for all of their illegal transactions all the while thrusting the entire economy into a meltdown. Unbelievable! [Read more…]
This week Max and co-host, Stacy, discuss simple thieves and honest graft and Max interviews Mike ‘Mish’ Shedlock about the European debt crisis and the MF Global missing funds crisis.