After the greatest financial heist in history, the modern day 'Four Horsemen Of The Apocalypse' continue to ride roughshod over the people whom can least afford it. One - a rapacious financial system, Two - escalating organized violence, Three - abject poverty for billions and Four - exhaustion of the earth's resources, gallop unchallenged because we are not encouraged to question the accepted norms.
Showing posts with label financial. Show all posts
Showing posts with label financial. Show all posts
3 Aug 2015
2 Aug 2013
International Banking Conspiracy
A documentary looking at banking tycoons: from the Rothschild family in Europe to JP Morgan and others in the US. How banks not only control governments but also appoint politicians through huge campaign donations.
Governments at the service of the major banks, the best example: the Obama administration and the history's biggest bail out of the same institutions that caused the Great Recession.
Also looking at the International Banking Cartel led by the Bank for International Settlement (in Basel, Switzerland) known as the bank of central banks (58 central banks) and The US Federal reserve System.
24 May 2013
Greek gov’t seeks military camp to serve as prison for state debtors
Gradually, Greece turns into the 21st century version of the dark and gloomy world of Charles Dickens: with households burning wood for heating, with workers working for nothing, … and to put the icing on the Greek cake, soon also with debtors’ prisons. What we reported in January, turns into reality: tax prisons! The government seeks a military camp to turn it into a prison for those unable to pay their debts: to tax office or social security funds, for example.
However, this prison conditions will not be as harsh as in the Marshalsea prison, where Willam Dorrit spent long time. Modern Greek imprisoned debtors, for owing the state more than 5,000 euro will “live in humane conditions,” as the ministry of Justice told members of the Parliament on Thursday.
“The state is seeking a military camp within the limits of Attica prefecture for the housing of state debtors charged with prison penalties, ” deputy Justice minister Kostas Karagounis told MPS adding that the special prison for debtors will improve their detention conditions that will be more humane.
17 May 2013
UK Father dies in a fireball after being hounded by payday loan companies over debt
A debt-ridden father doused himself in petrol and turned himself into a human fireball after being harassed for money by payday loan firms. Antony Breeze, 36, died after setting himself alight, telling passers-by who tried to extinguish the flames: ‘I’ve had enough.’
In the hours before the tragedy Mr Breeze, who owed around £1,600, was bombarded with text messages about his arrears, an inquest heard. The next day he went out, telling his girlfriend he was getting petrol for a lawnmower. Minutes later he was found screaming and in flames on a pathway. He had been so worried about the debts that he lost a stone in weight in just two weeks, relatives said.
16 May 2013
Bill Oddie's BankWatch
The UK's biggest bank has so far made around £100 million by providing loans and services to some of the most destructive logging companies in the world, often in violation of its own policies.
3 May 2013
The War on Wages and The Road to Bangladesh
Bill Black: In the name of competitiveness, the criminal conditions that led to the deaths and injuries of thousands of workers in Bangladesh, are being created around the world in a race to lower wages and working conditions
19 Apr 2013
Avoiding Economic Collapse
As the Cyprus fiasco focuses attention once again on the faltering Euro, the public is finally questioning the value of the money in their wallets and bank accounts. But as the issue of monetary reform gains currency amongst the public, a vast array of complementary currencies are already helping people facilitate transactions without the central bank administered fiat money. Find out more in this week's GRTV Backgrounder on Global Research TV.
17 Mar 2013
Cyprus bailout: 'people are panicking, they're afraid of losing their money'
Under the palm trees of Larnaca's waterfront promenade, George Kyprou was staring out to sea and scratching his head. "I don't know what to do," he said. Like most Cypriots, he was astonished to wake up one bank holiday weekend morning to discover the government had seized up to 10% of everyone's savings from their bank accounts without warning.
Kyprou, 62, born in Larnaca, had worked most of his life as a chauffeur and driver in England, proudly buying his London council flat and scrimping to put aside money in Cyprus for when he returned for holidays and eventually to retire. "I'd put aside £50 here, £20 there, all my life," he said. Over decades, he had built up around €6,000 (£5,200) in a Larnaca account. "It was a state building society; I assumed it was safe." But now, as depositors holding less than €100,000 are made to pay 6.75% and those with more than €100,000 9.9% as part of a €10bn (£8.7bn) bailout agreed in Brussels, Kyprou stands to lose €400 overnight. "That's a lot for someone like me," he said.
When he heard the news on Saturday morning, he rushed to the cashpoint and queued with others who were panicking and trying to take out as much money as they could. The media reported a run on ATMs that were depleted by mid-afternoon. But with Cyprus taking immediate steps to prevent any money transfers over the weekend, ordinary savers realised there was little they could do to lessen the blow.
13 Mar 2013
10 Mar 2013
Systemic Economic Collapse:
A Brief History of Market Manipulation
As the major stock indices hit new record highs, many are left wondering how such a bull market can develop while the average worker faces layoffs, lower wages and rising costs. The answer presents itself in the documented, admitted and openly acknowledged manipulations of the markets by governments, central bankers, and institutional banks.
11 Feb 2013
16 Dec 2012
3 Oct 2012
'Banks rob us!'
Canadian girl becomes Internet sensation after exposing banksters. Economists around the world are struggling to break free of the clutches of the financial crisis. But a twelve-year-old Canadian knows what needs to be done. Victoria Grant took the Internet by storm overnight, after a video of her slamming Canada's banks for robbing the people went viral. RT talks to internet sensation Victoria Grant and her mother Marcia Grant. See her full speech here.
30 Sept 2012
17 Sept 2012
Billionaires Getting Richer
Many millionaires got poorer in the last year, but billionaires did just fine, using their heavyweight money management teams to ride out market and economic turmoil that hit the lesser rich, research company Wealth-X said on Monday.
The ranks of people with at least $30 million edged up to 187,380 but their total wealth fell 1.8 percent to $25.8 trillion -- still a sum bigger than the combined size of the U.S. and Chinese economies, Wealth-X said in a report.
Hardest hit globally were those in the $200 million to $499 million range, whose numbers dropped 9.9 percent and whose fortunes shrank 11.4 percent, the World Ultra Wealth Report said, using data for the year through July 31.
But the really, really rich got even richer as the number of billionaires rose 9.4 percent to 2,160 people and their wealth grew 14 percent to $6.2 trillion.
21 Jul 2012
The American Presidents Who Warned Us About the Banks
"Behind the ostensible government sits enthroned an invisible government owing no allegiance and acknowledging no responsibility to the people. To destroy this invisible government, to befoul the unholy alliance between corrupt business and between corrupt politics is the first task of the statesmanship of the day."
Nine other president warnings on WikiNut
17 Apr 2012
US choice named World Bank chief
Selection of Korean-born Jim Yong Kim draws criticism from other candidates over alleged US dominance of powerful post. The World Bank has named a Korean-American medical doctor, Jim Yong Kim, as its next president, despite criticism of the selection process by his rivals for the job.
While the US nominee faced a challenge for the first time ever, the World Bank's most powerful shareholders, the US, Europe and Japan, came out in support on Monday for Kim who now holds the powerful job of providing loans and grants to developing countries. Before the meeting of World Bank directors, Ngozi Okonjo-Iweala, Nigeria's finance minister and a veteran of the institution who had also been nominated as a candidate, criticised the way the US had dominated the appointment process since the organisation was launched in 1944.
Al Jazeera's Alan Fisher, reporting from Washington, DC, said there was some dissent from member states over Kim's qualifications. "He's not an economist, but then again, now is the time that people say the World Bank needs to look at other issues such as climate change, food supply, water [scarcity] and diseases like bird flu," our correspondent said, pointing out that Kim has significant experience in developing countries. "Even so, there is a growing feeling that the process needs to be opened up, so that the US doesn't always get the post."
13 Feb 2012
'Greece doomed, economy total farce & fiction!'
The Greek parliament has approved new harsh austerity legislature needed to secure a 130-billion-euro bailout from the EU and the IMF in efforts to avoid devastating default. This comes amid violent riots against the vote in Athens. The lawmakers voted early Monday in favor of the bill that will cut 15,000 public-sector jobs and lower the minimum wage by 20 per cent. Patrick Young, from investment consultants, DV Advisors, says whatever happens in Greece, there's no saving it from a collapse that will be felt across Europe. (RT)
8 Feb 2012
I plan to be pregnant by a rich man so he’ll have to marry me and support my life of luxury
Wealthy men should watch out for the Piranha.
This ferocious type of woman charms her way into a rich man's bed just to get pregnant and live a pampered, lavish lifestyle funded by him. As divorce lawyer Diane Benussi revealed in The Sun yesterday, she has encountered women like this who have tricked men into having unprotected sex.
Whether the Piranha marries or drops their target, the result is the same — financial security.
The Sun, also RISE of single women who have children by rich men for long-term financial support
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