Posts Tagged ‘economy’

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Gerald Celente on Capital Account

August 12, 2012

Gerald Celente on Eurozone Reckoning Day and how Goldman escapes charges!

Welcome to Capital Account. After its yearlong investigation, the Justice Department said that it will not bring charges against Goldman Sachs or any of its employees for financial fraud related to the mortgage crisis. Is this justice or, as Gerald Celente often says, is this “just us” big bankers getting away with whatever we want?
Also, Benjamin Lawsky, superintendent of the New York State Department of Financial Services threatened to revoke Standard Chartered’s banking license after accusing the bank of laundering billions for Iran. Have we found someone to take on the big banks? This action has set off backlash from Federal regulators. Are they going after the New York regulator for doing his job or is the regulator going rogue? We will discuss with Gerald Celente, Founder of Trends Research Institute & Publisher of the Trends Journal.
Plus, the Libor benchmark interest rates must be changed or replaced, says Britain’s financial regulator. The regulator also said the future of other benchmarks, including oil, gold, and stock prices, is also under scrutiny. We ask Gerald Celente if there is any place to invest that is not rigged.

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*Top Economists: Trust is Necessary for a Stable Economy … But Trust Won’t Be Restored Until We Prosecute Wall Street Fraud

Most policy makers still don’t understand the urgent need to restore trust in our financial system, or the need to prosecute Wall Street executives for fraud and other criminal wrongdoing.

But top economists have been saying for well over a decade that trust is necessary for a stable economy, and that prosecuting the criminals Is necessary to restore trust.

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Barclays commercial

July 17, 2012

Commercial for Barclays with Samuel Jackson directed by Jonathan Glazer

Uploaded by jonathanglazer

*Barclays makes public apology after rate-rigging scandal

The public apology, printed in papers including the Financial Times and the Times of London and signed by outgoing chairman Marcus Agius, says the bank is “truly sorry for what has happened and that you have been let down.”

It continues: “It is our actions now over the coming months and years that will make the difference.

“You are the lifeblood of our business, and we will not allow ourselves to be distracted from what really matters — delivering for you, day in and day out.”

Barclays is determined to put its customers “at the heart of everything we do” and must earn the right to retain their business, the statement concludes.

*The Illuminati exposed: Why the Libor conspiracy scandal is the most important story in the world

The Libor scandal reveals capitalism’s vaunted Free Market is a con trick, which has been fraudulently controlled by international banks for their own and select cartels and speculators’ interest. The cost of this fraudulent activity has been paid for by the public – the savers, mortgage owners and pensioners. There is now proof positive that the financial elite have been playing us all for fools.

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The Global Debt Jubilee

June 9, 2012

Universal debt forgiveness and the imminent global debt jubilee

• All debt which charges a percentage originates in delusion. Debt grows exponentially indefinitely; income and other financial growth cannot do this.

• The total amount of money in circulation today in the West can only pay for a tiny fraction of the total private and public debt in the West. This fact is evidence of systemic fraud.

• Debt is manufactured through fraudulent means to reward a creative criminal élite.

*Praying for Jubilee and Hearing the Answer

The debt crisis has spread throughout the entire globe. Not only are government debts un-payable, personal and business debt is expanding exponentially, while national, business and personal incomes are shrinking. Debt is in multiples of gross national product. In a word, the debt situation is truly gross. And becoming worse with every bailout and austerity program. The cure proposed by most economists for solving the debt problem is to incur more debt.

Jubilee is needed for the entire planet. A reset of the entire world monetary system, getting rid of unjust, un-payable debt. The old system of usury is broken, doesn’t work any more. It never did work, from the beginning.

By Henry Garman

*Jubilee (Christianity)
(Wikipedia)

The concept of the Jubilee is a special year of remission of sins and universal pardon. In the Biblical Book of Leviticus, a Jubilee year is mentioned to occur every fifty years, in which slaves and prisoners would be freed, debts would be forgiven and the mercies of God would be particularly manifest. In Christianity, the tradition dates to 1300, when Pope Boniface VIII convoked a holy year, following which ordinary jubilees have generally been celebrated every 25 or 50 years; with extraordinary jubilees in addition depending on need.

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Capital Account

March 10, 2012

As Europe shoots more “easy money,” blanks at the Depression, Americans “reach for real bullets”

“At the the intersection of markets, politics and the global economy is Capital Account with Lauren Lyster. Broadcasting live out of RT America’s studios in Washington DC, Capital Account brings you in-depth analysis and discussion of the most important financial and economic news from a perspective you won’t find in the mainstream media.”

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*Moody’s declares Greece in default

“The US-based credit rating agency issued a statement on Friday, saying that “even as 85.8 percent” of the holders of Greek government bonds had agreed to the plan, the “exercise of collective action clauses that Athens is applying to its bonds will force the remaining bondholders to participate.”

“According to Moody’s definitions, this exchange represents a ‘distressed exchange’ and therefore a debt default.”

*Goldman Sachs told U.S. (when push comes to shove) they WILL BE Paid for Debt BEFORE Social Security and Medicare Recipients! Forget citizens PAY BANKS!

“This is PROOF in my opinion – all the debt prison has been created on purpose!

What type of SOUL LESS Banks are running this country? That is WHO is really running the country. All those in the government are merely Puppets of the banks!”

*War Clouds On The Potomac. No Not Iran. War Declared On You.

“All of the fear mongering about attacking Iran and launching WW III is a psychological ploy to keep you distracted from the ongoing theft of tens of trillions of dollars from you by the New York and London banks. This is a long term project to reduce us all to Debt Slavery. It should not take much longer for them to steal what little remains to be taken. All they need to do is to keep your mind focused elsewhere for a little while longer.”

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Spain planning to breach EU budget targets

March 3, 2012

Spain planning to breach EU budget targets, warns prime minister Mariano Rajoy

“Spain is already planning to breach its budgetary targets, defying European leaders on the day they signed their historic fiscal pact.”

Update:

*Spanish town decides to grow marijuana to generate much-needed revenue

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Inside Job 2008

February 27, 2012

Inside Job: The first film to expose the shocking truth behind the economic crisis of 2008. Inside Job traces the rise of a rogue industry and unveils the corrosive relationships which have corrupted politics, regulation and academia.”

*Iceland upgrade sure makes default look palatable

“Iceland is safe to invest in again, according to Fitch, which has upgraded its credit rating three years after its economy spectacularly collapsed.”

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