Posts Tagged ‘Bankers’

CounterPsyOps

Unemployment in Spain already stands at 26%. Crowds scavenge the streets at night for food. And life is about to get tougher still

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A family prepares to sleep on the street in Madrid. Oxfam says that by 2022, 38% of the Spanish population could be in poverty. Photograph: Susana Vera/Reuters

By Giles Tremlett, The Guardian

Forget, for a moment, the Greek tragedy. The tale of social woe set to play out in Spain this year is both bigger and more important to the world. For the drama of rescuing the euro, or letting it sink, will be played out on Spanish soil.

That is not to say Spaniards will have it worse than Greeks, though Eurostat figures show only Bulgaria and Romania now have a higher percentage of people deemed at risk of poverty. Spain’s economy will shrink, once more, by 1.5% – a dramatic enough figure, though one most…

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Truth11

Washington’s Blog

Nov 8, 2012

US News and World Report notes that Bernanke helped Obama to get re-elected by juicing the economy… at least temporarily:

The Federal Reserve had a key role in the presidential election—possibly even a decisive one.

Exit poll results show that, not surprisingly, a majority of voters said the struggling economy was their top concern …. In the end, voters seemed to believe the economy was gradually getting better, and Obama deserved more time to make things right.

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Without question, the biggest factor impacting the economy this fall was the Federal Reserve’s decision in September to extend its controversial quantitative easing program indefinitely, until the economy is back on track for good. This type of monetary easing is an arcane strategy that doesn’t directly impact consumers. But it can have a powerful effect on the economy that filters through to ordinary people in many…

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Truth11

Monday, August 13, 2012

Susanne Posel, Contributor
Activist Post

The biggest banks in the US have been given advisement by US regulators that they must make plans to stave off a complete financial collapse without relying on the US government. Bank of America, Goldman Sachs and other technocrats have secretly crafted worst-case scenarios in which they can continue to thrive during a full-blown domestic monetary crisis.

The Federal Reserve and the US Office of the Comptroller of the Currency (OCC) named Citigroup Inc., Morgan Stanley and JPMorgan Chase & Co. as well as others to devise “recovery plans” in 2010. Banks were directed to have schemes to remain afloat by selling off assets, finding alternative sources of funding, reducing risky measures that make a quick buck. These strategies were to be perfected with “no assumption of extraordinary support from the public sector.”

Resolution plans, required under the 2010 Dodd-Frank financial reform law describe how…

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Truth11

Prison Planet.com

August 8, 2012

From time immemorial, royalty, priest classes and other self-appointed elites have used any means necessary to dominate the population and keep it divided amongst itself. Alex Jones uses the games of chess, risk and monopoly to explain the classic modes of control used by rulers, representing classic warfare between two factions, world warfare with a complex conflict, and, of course, economic warfare.

Now those techniques have advanced with sophistication into an era of full spectrum dominance– where gaming the people means an attempt to control all facets of life. Under the modern scientific dictatorship, nations, individuals, economies, cultures and environments have all become pawns at the hands of hardened, evil offshore globalists bent on manipulating our world. Their aim is nothing short of completing their break away civilization and destroying the remains, including killing off the great masses of humanity. They have willingly distorted our…

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The Extinction Protocol

August 11, 2012ECONOMYUntil recently, it was a sign of political correctness not even to consider the possibility of a euro collapse. Investment experts at Deutsche Bank –Germany’s largest bank — now feel that a collapse of the common currency is “a very likely scenario.” Germany’s second-largest bank — Commerzbank — has also flagged fears of a Eurozone collapse whilst bracing for a worsening of the euro-crisis. “The greatest downside risk remains an uncertainty shock from an escalation of the sovereign debt crisis, ie, the collapse of the monetary union,’ Commerzbank states in its latest quarterly report released this week, adding that it thought the risk was higher now than in autumn last year. Italian Prime Minister Mario Monti has also warned of the “psychological break-up” of Europe if the euro crisis is not soon resolved. Spain and Italy, the two chief trouble spots, are threatened with…

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