What if we saved the PEOPLE, instead of the banks?

Bloomberg has unveiled that the Fed  “Pumped” liquidity for 770 BILLIONS (*), to the American Banks, go get over the financial crisis. That is, they pushed a button and created value from thin air. They did it covertly, in a way that wouldn’t set the markets on High Alert mode. So, I’m wondering if, instead of giving [...]

#OCCUPYWALLST Rap

Wall Street ruins lives for that Blood Money In Iraq shoulders dying for that Blood Money Politicians committing crimes for that Blood Money Fox News telling lies for that Blood Money We ignoring human rights for that Blood Money The environment sacrificed for that Blood Money We all going to pay the price for that [...]

This is my SON!

14 years old. The English teacher asks him to write what “Courage” means to him, and… GOOD BOY!  :-)

Derivatives: The $600 Trillion Time Bomb That’s Set to Explode

 By: Keith Fitzgerald Do you want to know the real reason banks aren’t lending and the PIIGS have control of the barnyard in Europe? It’s because risk in the $600 trillion derivatives market isn’t evening out. To the contrary, it’s growing increasingly concentrated among a select few banks, especially here in the United States. In [...]

The right answer to the debt crisis is simple

The right answer to the debt crisis is simple. And it only requires two steps. 1. Do not give bailouts to nations, even if that means they default. This isn’t good news if you bought, say, Greek or Portuguese bonds, but there are two big advantages of default. First, it means that the bailouts come to [...]

U.S. Bank Credit Risk Climbs

Credit-default swaps on U.S. banks climbed on concern that the slowing economy was weighing on financial institutions’ balance sheets after Goldman Sachs Group Inc. (GS) reported its second quarterly loss in 12 years. Contracts protecting the debt of the New York-based company increased 6 basis points to a mid-price of 375 basis points at 9:45 a.m. in New [...]

Understanding the financial crisis… In 800 words (And a video)

If you want to understand the economic crisis, there are several hundred 250-page books for you to read. If, on the other hand, you want a one-page explanation, this is it. Beginning in the 1990′s, the U.S. became infatuated with homes as investments. The government encouraged home ownership. Private entities — Fannie Mae and Freddie [...]

World Financial Crisis for dummies

Great, simple explanation by Benjamin Fulford  of the fraudulent nature of the financial system worldwide. US – World Financial Crisis Explained By Benjamin Fulford 1-11-11 Heidi is the proprietor of a bar in Chicago. She realizes that virtually all of her customers are unemployed alcoholics and, as such, can no longer afford to patronize her [...]

Banks Bailout Stings Unemployed

Source: Technorati A techie lost his job during the 2008 downsizing and tried to renegotiate with his banks on his car loan. Denied! He sold everything he had to keep making the payments since his unemployment ran out last April. Friday he was notified he qualified for the new Federal extension so he could again [...]

Just think…

With the money used to bail the big banks out of the hole they dug themselves we could have built new schools, funded the law enforcement agencies, cared for the sick people with some sort of healthcare (Like in Europe, you know…), built new roads, new homes for who can’t afford one, fed hungry children [...]