Britain’s Solicitor General, Oliver Heald QC has said that public confidence in Britain's financial institutions has been weakened by a series of scandals, including the LIBOR scandal, which affected markets around the globe. He said the profile of economic crime is now higher than ever before.
Yesterday afternoon, Russia agreed to restructure Cyprus' EUR 2.5 billion loan terms to a much more affordable 2.5% semi-annual coupon through 2016 and a principal re-payment over the following four years. While probably still out of reach for the desparate economy, it was a positive step.
Of course, this 'offer' by Russia has its quid pro quo. This morning, Foreign Minister Ioannis Kasoulides has stated that Cyprus territory will not be used to launch military strikes against Syria, as "Cyprus wants to live up to its responsibility as a shelter if needed for nationals of friendly countries who evacuate from Middle East". It would appear Obama's influence is fading everywhere...
The idea of secret banking cabals that control the country and global economy are a given among conspiracy theorists who stockpile ammo, bottled water and peanut butter. After this week’s congressional hearing into the bailout of American International Group Inc., you have to wonder if those folks are crazy after all.
Wednesday’s hearing described a secretive group deploying billions of dollars to favored banks, operating with little oversight by the public or elected officials.
When a little birdie dropped the End Game memo through my window, its content was so explosive, so sick and plain evil, I just couldn't believe it.
The Memo confirmed every conspiracy freak’s fantasy: that in the late 1990s, the top US Treasury officials secretly conspired with a small cabal of banker big-shots to rip apart financial regulation across the planet. When you see 26.3 percent unemployment in Spain, desperation and hunger in Greece, riots in Indonesia and Detroit in bankruptcy, go back to this End Game memo, the genesis of the blood and tears.
Taking into account all debts, the US is said to be in the hole to the amount of $16.9 trillion. University of California, San Diego economics professor James Hamilton has laid other claims as of late, though, going on record recently to estimate the real debt owed by the US is closer to a staggering $70 trillion.
World Bank Whistleblower and lawyer, Karen Hudes, affirmed that ALL paper currency is on the brink of complete collapse, as world leaders are scrambling to make the transition into a new currency as smoothly and quickly as possible.
The government bond purchase program OMT should actually be used in Spain and Italy. "But the pressure will be enormous, use the instrument in France. And without that, the country must go to the rescue, "said Stark.
For almost 100 years there has been a Secret Ruling Cabal of Banksters and Industrialists from the City of London Financial District that has been setting the policies of America and running the USG and they are all based on Big Lies and major deceptions.
I know many people have a great deal of difficulty comprehending just how many wars are started for no other purpose than to force private central banks onto nations, so let me share a few examples, so that you understand why the US Government is mired in so many wars against so many foreign nations. There is ample precedent for this.
700 Irish people are taking a case against their banks for 1 million euro per head. If you wish to learn more you can find out about them at http://www.debtoptionsireland.com or Facebook Debt Options Ireland. Directed and edited by Marcus Howard. A collection of dead plain, ordinary Irish citizens have united under the banner of Debt Options Ireland (www.debtoptionsireland.com) to provide a free service to help people file their cases in the high court. This is an independent educational documentary about Debt Options Ireland and contains interviews with some of the people involved.
But clearly if the President is having this meeting, there is a crisis unfolding somewhere in the background, and it could very well relate to the dollar, interest rates, and the massive derivatives market associated with interest rates…
Ben certainly makes it sane and sensible, doesn’t he? Like it’s just the mafia deciding to throw in the towel. It would be nice if it could go down in such a civilized manner. I’ll believe it when I see it—and I hope I see it.
Why it is so important to own physical gold in the actual context and why the spot price doesn't matter that much in determining the real value of gold. We try to explain this by making an historical parallel with the Titanic shipwreck.
Rep. Alan Grayson asks the Federal Reserve Inspector General about the trillions of dollars lent or spent by the Federal Reserve and where it went, and the trillions of off balance sheet obligations. Inspector General Elizabeth Coleman responds that the IG does not know and is not tracking where this money is.