Comments on: MONEY WARS

By: StandUp555

StandUp555 — Mon, 01 Mar 2010 20:39:30 +0000

Economic War !
Read : “Confessions of an Economic Hit Man” by John Perkins.
.. or search YT for John Perkins .

Of course, “The Creature from Jekyll Island” is the Masterpiece .
John Perkins just carries on the story into recent modern times.
Perkins’ main theme is “Corporatization” … with help from the IMF, WB and EHMs .

BTW….
You explain things to the public very well …. nice and slowly so they have time to let it sink in .

By: machinenation

machinenation — Mon, 01 Mar 2010 19:47:26 +0000

test

By: machinenation

machinenation — Mon, 01 Mar 2010 19:19:24 +0000

Money supply is the ultimate regulatory substance but it depends on what you can get for it, I suppose. A suitcase full is no good to you in the middle of a desert. On that, water is one of the real bases of an economy which needs 1500 litres per day per person, apparently …

But can’t govts bypass banks altogether by using new forms of currency? The NWO conspiracy theory says JFK was RIP because of Exec. Order 11110. Very cumbersome for Govts to print tho ? And not free market ..

By: machinenation

machinenation — Mon, 01 Mar 2010 19:00:54 +0000

Lastly, have you seen Mish’s blog (heard about him first on you) where BofA’s Kenneth Lewis is making statements against Paulson – indictment mentioned.

mish
let-criminal-indictments-begin-paulson

Denninger
982-Paulson-and-Bernanke-Indictment-Time

Is that what you mean by Bank Wars ??

from WSJ 23rd April

By: captcaveman4201

captcaveman4201 — Mon, 01 Mar 2010 18:17:07 +0000

lets take for example VISA credit card.. it has stock. it has shareholders. an is required under law to pull a PROFIT for those shareholders. How do they make a profit? well people would have to use their products and services. therfor they come to the conclusion that people use credit cards more, if they do not have enough money to meet their daily needs. but then the shareholders are soo dumb that they then go and put the cards in their own wallets. And they wonder what happend to their stock$

By: siddhaam

siddhaam — Mon, 01 Mar 2010 17:29:36 +0000

My understanding is that the real problem is the derivatives markets which are valued in hundreds of trillions (all of it junk). Because the main banks and finance houses are linked into those markets in multiple ways, they are going down with it; and tax payers are going to be handed the bill for their gambling losses.
Otherwise the housing bubble might lead tto a recession at worse – but with the massive collapse of derivatives the situation is far more serious and unprecedented.

By: siddhaam

siddhaam — Mon, 01 Mar 2010 17:26:16 +0000

I think the only way out is for politicians to wake up and realise that a handful of gamblers have bankrupted the planet; and that expecting multiple coming generations to cover their losses is insane.
We need a global agreement to scrap the lot – simply write off all the illegitimate derivative junk so that we are only left with legitimate losses which can be made good over time.

By: calvin8hobbs

calvin8hobbs — Mon, 01 Mar 2010 16:32:15 +0000

I misread the title. It’s not about monkey wars after all.