And if you think that is bad wait until they start “financializing” water. Why does it seem like wherever there is human suffering, some giant bank is making money off of it? According to a new report from the World Development Movement, Goldman Sachs made about 400 million dollars betting on food prices last year. […]
Judging by ongoing momentum moves in various European stock and bond market indicators, one could be left with the impression that something in the continent is actually improving. And while hope of improvement is certainly be high, the reality is vastly different as confirmed by the just released Greek unemployment data, which saw the broad […]
Today the Daily Mail opened with an article on how to develop a six pack in 12 weeks. Now I don’t know about you but in the grand scheme of things developing a six pack is not very high on my list of frontpage news. Here are some links to information I would like to […]
The announcement of the appointment of Mark Carney as the Governor of the Bank of England, the first foreigner ever to be put in what is arguably the most powerful financial position in England, stunned the City of London. And with good reason. Mark Carney is Canadian for example and while he is married to […]
Already huge numbers of complaints about voter fraud are beginning to pour in as the US population goes through the puppet show they call the elections. Obama shed a tear and Anne (for those of you who don’t know that is Romney’s wife) had a bit of a breakdown too. It all amounts to nothing […]
Another fantastic Rant From the Artist Taxi Driver and yes our debt is spiralling out of control too. $112 Billion in Derivatives is only the beginning!
Terrifying! Update: BlackRock to restrict subscriptions into 2 Euro money funds We were the first to bring news that overnight JPMorgan has halted investment in its European money market funds following the ECB’s decision to cut the deposit rate to 0%. Now, it is Goldman’s turn: GOLDMAN HALTS INVESTMENTS IN EURO GOV MONEY FUND AFTER […]
For those of you who bought into the hype around Facebook going public I have only to say one word: Bubble! That is what banks do and that is what they have done again and after the dotcom bubble collapse the housing bubble you should have known better.
As the global financial collapse spins out of control our Prime Minister, John Key wants to bring the same banks up to their necks in fraudulent activity to New Zealand. His Financial minister invested $112 billion of borrowed money in the products now collapsing our global economy while the 1.2 quadrillion bubble built buy these criminals is being exposed for what it is: a digital phantom “worth” more than 20 times the Global GDP. Do bankers really lie whenever they open their mouths?
I told him that we had an Ex Wall street banker running for Prime Minister which worried me greatly and he said “I would be too”. I asked what he thought would happen if he was elected and he answered, “He will sell your country down the drain and throw in his mother with the deal!”
This week John Key opened the Bathurst Resources’ office and the Green party called it inappropriate for John Key to do so but is it? In order to understand why opening the Bathurst Resources office is totally appropriate for John Key to open you have to understand whose interests John Key is serving and here […]
Here is what Bucket shop means for those who don’t know. And so the spirit of Mark Pittman lives on. Bloomberg, which last year sued the Fed in a landmark FOIA case, and won (a decision which is being appealed by the kleptocrats but not the Fed), has decided to go transatlantic, and is now […]
I’m curious too? And if I were the Greek people I would demand this investigation to happen before they paid any more money to the international banksters. There are those who remember that back in February 2010, before the world realized just how broke Greece was, the public’s deplorably short attention span was briefly […]
If you or I would tell the bank which holds our mortgage we would only pay 90 cents on the dollar I think we would be out of our house pretty darn quick and it would most definitely be because we defaulted on our loan. So what happened in Greece? For a good explanation read […]
‘Over the last year we’ve had hundreds of parents who want to leave their children with us. They know us and trust us.’ – Fr Antonios Papanikolaou While their government buys weapons and military equipment with the bail out money Greeks have to make heart rendering decisions about what to do with children they can’t […]
Here is where John Key and his banking mates are commencing to plunder out coffers. More on this and John Key’s connection with the true owners of Fletcher building on Monday. I’m going to have a well deserved weekend off because I feel a tad drained after the election educational efforts! The risk of the […]
By Madison Ruppert, In a shocking article published in Reuters, Felix Salmon confirmed what the so-called conspiracy theorists have said all along: former Secretary of the U.S. Treasury Hank Paulson was giving insider tips to his cronies at Goldman Sachs and other Wall Street titans which directly benefited them. The article is entitled, “Hank Paulson’s […]
Update: Standard & Poor just downgraded the bulk of 37 Global banks here is the complete list. Guess which banks are on it! And we really think these banks have our best interest at hart?? That Bank of America is doomed is pretty obvious. They are too exposed to the inevitable global financial collapse, the […]
This morning I had an interesting short conversation with a new facebook friend of mine. The gentleman clearly had done his homework but still felt strongly about bringing down the National debt because if we owed this debt it was our duty to pay it off. My argument is that while I am scrupulous with […]
By Paul Graig Roberts On November 25, two days after a failed German government bond auction in which Germany was unable to sell 35% of its offerings of 10-year bonds, the German finance minister, Wolfgang Schaeuble said that Germany might retreat from its demands that the private banks that hold the troubled sovereign debt from […]
In England they are preparing for major riots not if but when the Euro collapses and both Greece and Italy are already ruled by unelected Goldman Sachs stooges. In America MF Global is the first bank to steal their customers money without consequences and Bank of America owned by the Rothschild’s and the bank to […]
Dear Kiwi’s just so you understand: more people unemployed means more people on the dole means more people spending less sending the economy in a tail spin. We are a service economy meaning we don’t produce anything other than Dairy, meat and wood and some techie products but most people either work in the service […]
Here is a picture which shows who’s who in Europe and their connections with Goldman Sachs: These men are currently either unelected prime ministers of countries such as Italy and Greece whose populations have no choice in the matter or advisers to elected rulers and all of them have had high functions with Goldman Sachs. […]
Six degrees of separation refers to the idea that everyone is on average approximately six steps away, by way of introduction, from any other person on Earth, so that a chain of, “a friend of a friend” statements can be made, on average, to connect any two people in six steps or fewer. Wikipedia This […]
In Greece Lucas Papademos a banker aligned with the international ruling elite has taken over in Greece in what can only be described as an undemocratic coup and the same has happened (As I called it last week) in Italy with the appointment of Mario Monti who appears to be an active international advisor to […]
Why did BofA try to off load its massive Derivatives crap on the US people? Because they know that Europe is finished and that if Europe goes they go. Will it help them? No not really, because there is no wealth left on Main street USA. No jobs because they are all outsourced to China […]
While our psycho PM happily talks to us about growth, which he damn well knows is a great big lie, here is what is happening in the real world told to us by a trader who loves recessions because it don’t mean shit to him as it is just another opportunity to make money (read […]
The month of August came and went and not a single job was created in the US! What’s more Goldman Sachs is advising it’s rich investment clients to bet on a massive economic collapse while telling the little people that everything is going to be just fine. If you believe that I’ve got a great […]
Alex Jones interviews former Goldman Sachs investment banker Nomi Klein who thinks that the problem is not the tea party but the Privately owned banking system.