Tag Archives: banks

Business/Economics, International, U.S.

Black Horse & What Economic Recovery? Brazil says the U.S. Elites are cannibalizing their own people

“Instead of using fiscal policies to invest in their own economies in order to avert the crisis, the rich nations have spilled U.S. $4.7 trillion in the world to make problems worse, thus putting emerging markets in jeopardy.”-Dilma Rousseff, President of Brazil, and is also an economist

“We have a currency war that is based on an expansionary monetary policy that creates unequal conditions for competition. We will continue to develop (our) country by defending its industry and ensuring that the strategy used by the developed countries to exit the crisis does not cannibalize emerging markets.”

When you realize that the overwhelming number of people living in the United States are now lower income, and that it has come as a result of the Elitist policies within the United states, then you can see that they are cannibalizing their own people as well.

“…there before me was a black horse! Its rider was holding a pair of scales in his hand. Then I heard what sounded like a voice among the four living creatures, saying, ‘A quart of wheat for a day’s wages, and three quarts of barley for a day’s wages, and do not damage the oil and the wine!'”-New American Standard Bible, Revelation 6:5-6

Business/Economics, International, U.S.

Red Horse & World War 3: Congo hit with huge explosions, at lest 200 people killed, 1,500 wounded. U.S. security contactor involved? Oil involved?

“According to sources at the central hospital we’re talking of around 200 dead and many injured. Some people are still (trapped) in their houses… They’re saying the entire neighborhood of Mpila has been destroyed.”-Betu Bangana, head of protocol in the Congo president’s office

March 4, 2012, Congo (aka Republic of Congo or Congo-Brazzaville, and not to be confused with the Democratic Republic of Congo [DRC]) has been hit with as many as six huge explosions.  Pictures show the smoke from one explosion is bigger than nearby skyscrapers.

“I saw someone being carried to hospital with their intestines hanging out. They had been hit by a shell.”-witness

One report says military ammo depots were targeted by rebels. The Defense Minister of Congo denied such claims, and said it was a fire that caused the massive explosions.

The explosions hit the capitol city Brazzaville.  They were so large that across the river in the DRC, the government there had to calm down the residents because the blasts took out windows in homes and businesses!

Back in the capitol of Congo, at a Catholic church where mass was being preformed, church goers were overwhelmed and of course the mass was canceled.

One thing that makes this suspicious is that a U.S. security contractor just happened to be in the city when it happened, and he’s the one who said there were six explosions: “I heard at least five or six good sized explosions, which blew out the windows and brought down half the ceiling in our hotel.”-Patrick Mair, Control Risks

Another suspicious thing is that Congo has been used by French oil companies, Total and Elf Aquitaine, in an effort to remain independent of U.S. and British oil companies (and therefore their respective governments’ policies).

In 2003 former executives of Elf Aquitaine admitted in court that they intentionally fueled civil wars, as a way to maintain cheap access to the oil.  How this worked was the oil companies traded cheaply acquired weapons/ammo, to various waring factions, in exchange for raw petroleum oil. GlobalWitness reported in 2009 that the incredible corruption between the Congo-Brazzaville government and the oil industries, was still ongoing!

To make things worse, Congo-Brazzaville, and the DRC, are areas of south western Africa that have seen many new oil discoveries in the past decade.

Then another horse came out, a fiery red one. Its rider was given power to take peace from the earth and to make men slay each other.

Business/Economics, International, U.S.

What Economic Recovery? New Study confirms old truth; Wars Do Not create Economic Recovery!

A new study has confirmed what most economic historians will tell you; long term wars actually destroy your economy: “…the positive effects of increased military spending were outweighed by longer term unintended negative macroeconomic consequences.”

The latest study was done by the Institute for Economics and Peace.  But their study revealed that the War on Terror has been more damaging to the U.S. economy than expected, because it’s the first U.S. war in which taxes collections went down!  This means that while military spending went up, the tax revenues to pay for the military went down!

A long term war, with reduced tax revenues to pay for it has resulted in “…the U.S. having severe unsustainable structural imbalances in its government finances…” and “…major constraints on the economy and limited the scope of options that were available to policymakers…”

 

Business/Economics, International, U.S.

Corporate Crime: New Mexico company ripped off U.S. & Iraqi taxpayers

“The indictment alleges that the defendants flagrantly enriched themselves at the expense of the Iraqi people, the very people they were there to help, and American taxpayers.”-Kenneth J Gonzales, U.S. Attorney General

Former executives of Laguna Construction Company, are accused of colluding with four foreign nationals, to defraud taxpayers of more than $5 million through kickbacks to subcontractors.

Two subcontractors were actually connected to Laguna Construction, and they are accused of overcharging, and charging for services not rendered.

It took several law enforcement agencies to identify the scam: “…joint effort by the Defense Criminal Investigative Service and our law enforcement partners from the Federal Bureau of Investigation, the Internal Revenue Service-Criminal Investigations Division, and the Special Inspector General for Iraq Reconstruction.”-Janice M Flores, DCIS

Business/Economics, International, U.S.

Corporate Evil, United Police States of America & What Economic Recovery? Corporate Fuedalism, you are a slave, big money investments not going to create jobs but to finance more big money investments! Prison industry fastest growing in the U.S.

The following statements are from a former Wall Street stock broker, now self-exiled in Europe, Timothy Maxwell “Max” Keiser:

“Money is being printed but it does not flow to wages or savings and pensions. It flows to asset price inflation and to bonuses for corrupt bankers.”

“The economy runs on financial engineering now, and currency speculation financed by ultra-low rates, near zero percent interest rates and the economy is not run on manufacturing.”

“When you pay out a hundred and forty billion dollars in bonuses, as they do on Wall Street or at the various banks in Europe, that is just a tip of a multi-hundred billion, multi-trillion dollar money laundering scam….the Central Banks lend money out to these banks at 1% percent; they in turn reinvest it with the Central Bank at 3%. So they make 2% carry, it’s a carry trade to do absolutely nothing!  They are not incentivized to put the money to work in the economy.  They are making free 2% on their cash, or more…”

“….there is no regulatory authority of any note; there is no deterrent to committing financial fraud…JP Morgan has been caught stealing from its customers….It is now not refuted, fully documented; there is no investigation.”

“Who pays for that? Everybody else through austerity measures. So you very much have feudalism, is alive and well. You have got a few feudal lords like the bankers in Europe and on Wall Street and everyone else is basically an indentured servant! There’s over a trillion dollars in bad student loans in America! That is the next bubble to pop! That is another huge wave of youths about to be thrown into the streets with trillion dollars of debts and told go to a concentration camp and die you pig; we don’t care about you!”

“The biggest gross industry in America is the prison industry! Why is that? It’s the only growing industry in America is the prison industry!  That’s the most profitable industry and the bankers are aiding and abating the entrapment of folks with forcing debt down their throats and forcing them to go to prison, and that is the economy!“

 

 

 

Business/Economics, International, U.S.

What Economic Recovery? Greece downgraded again, even with new bailout loan deals

Moody’s has joined Standard & Poor’s in downgrading Greece.

Last week S&P’s downgraded Greece to default status. Today Moody’s rated Greek bonds at C, saying risk of default is too high even with new bailout loans: “Moody’s believes that Greece will still face medium-term solvency challenges: its stock of debt will still be well in excess of 100 percent of gross domestic product for many years, the country is unlikely to be able to access the private market once the second assistance package runs out, and its planned fiscal and economic reforms will still face very significant implementation risks.”

 

 

Business/Economics, International, U.S.

World War 3: Russia joins West’s sanctions against Iran, freezes Iranian Embassy accounts!

The Russian bank, VTB 24, froze the accounts of Iranian embassy personnel in Russia.

“The bank said that this was an order from their top management, and they couldn’t do anything about it.”-Seyyed Mahmoud-Reza Sajjadi, Iranian Ambassador to Russia

Officials with VTB 24, a division of Russian state owned VTB, tried to downplay any connection to the U.S./European sanctions against Iran, by saying the move was because of a lack of profits being made off the Iranian accounts.

International, U.S.

U.S. supported corruption in Afghanistan, Courts convict 60 Afghan judges, another 1,000 suspects

March 1, 2012, the Supreme Court of Afghanistan announced that 60 former judges were convicted on corruption charges.  The majority worked in Kabul, and took bribes.

Another 1,000 people are under investigation for corruption! Those people do not work for the Afghan court system, but they acted as go betweens for the bribing of judges.

In 2011, several U.S. court cases showed that most of the corruption in Afghanistan, involving contractors, was instigated by U.S. forces who oversaw the funding of those contractors.

 

Business/Economics, International, U.S.

World War 3: Argentina sanctions Britain, U.K. demands explanation, Pink Floyd says give Falklands back to Argentina

“Falklands should be Argentinian.”-Roger Waters, Pink Floyd alumni

Argentina’s Industry Minister, Debora Giorgi, has asked Argentine businesses to voluntarily sanction U.K. businesses. At least 20 major companies in Argentina, have been asked to stop buying products from the United Kingdom.

Giorgi reportedly said Argentina no longer wants to do business with “colonial” powers.

The move is significant, because Argentina now accounts for U.S. $642 million worth of exports from Britain. The U.K. is also the sixth largest investor in Argentina. In other words, Argentina is hitting the British in their money belt.

Of course, the U.K.’s Foreign Office summoned Argentina’s charge d’affaires for “an explanation”.   And yes, this has everything to do with the Falklands/Malvinas Islands, where a potentially huge oil deposit was discovered (and U.S. oil companies want a piece of the action).

Business/Economics, International, U.S.

Conspiracy to Privatize: Too Big to Fail European Banks get huge cheap loans as Greece is hung out to dry

While European and IMF officials continue to string Greece along, regarding bailout loans, Europe’s too big to fail banks get billions in easy money!

The European Central Bank (ECB) has just issued the equivalent of U.S. $712.4 billion in cheap loans!  ECB officials said it is to help improve liquidity in the markets.  But the same would happen if Greece was given bailout loans!

This is the second time the ECB has issued cheap loans to too big to fail banks!  In December 2011, the ECB issued U.S. $657.9 billion at 1% interest.  Again, this while the ECB and the U.S. based IMF strung Greece along.

Many Greeks now believe what’s happening to their country is a conspiracy to force total privatization upon them.