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CRISI DEL SISTEMA MONETARIO: LE NOSTRE PROPOSTE

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 Non pagare il pizzo del signoraggio è una questione d'onore

e di dignità.

Attualità: SCEC news - CSM news - Altre news
Petizioni

Appuntamenti
Riassunto del sistema




Attualità      
(Lo sapevate che il petrolio costa oggi meno che negli anni 1980? Chi sta barando sul prezzo della benzina?)
See also: Oil Aid, tracking subsidies to the international oil industry: ITALY
dollars euros oil and gold 
ms08 SCEC NEWS giugno 2008:


Stretching resources via barter networks - By Ashley Petry / Star correspondent, June 24, 2008
Member businesses can fulfill needs without tapping cash, new loans

[Trade Dollars] Bartercard solution to accommodation shortage - B.SAVVY, Autumn 2008
In one of the largest barter trade deals in Australia, $2.1million is being paid in Bartercard Trade Dollars. This represents half the $4.2 million of investors’ funds raised for the $11.5 million Sands Motel project in Newman

Presentati a Milano i DANEE, a sostegno dello sviluppo della comunità locale per un'economia equa, sostenibile, e solidale - 26 giugno 2008


Resources for Community Currency Activists
http://www.communitycurrency.org/resources.html

COME RIVITALIZZARE LE ECONOMIE LOCALI - Festa del Solstizio d'Estate, Villa Annoni, Cuggiono, 22 giugno 2008, ORE 17.00
I buoni locali di solidarietà, cosa sono, come funzionano, perché utilizzarli. Il progressivo aumento del debito delle famiglie e delle imprese, sta attivando all’estero come in Italia nuove proposte, per rivitalizzare le economie delle comunità locali . Ne parliamo con Gaetano Lalegname, Fausto Tomaselli e Marco Saba dell’associazione ARCIPELAGO SCEC

Scec, economia e solidarietà alla napoletana - da Marina, EcoBlog.it, 19 giugno 2008

Apre per la serata la "Banca SCEC" - a piazza Maggiore San Domenico a Napoli, ore 20.30, 19 giugno 2008

Banca SCEC

Resoconto incontro di mercoledì 11 giugno 2008 con il Vicedirettore della Caritas - 13 giugno 2008

Progetto SCEC: quarta puntata  sul canale STUDIO 1 (Treviglio) -
venerdì 13 giugno 2008, dalle 18.30 alle 19.10, nel format L'ESPRESSO condotto da Daniele Martinelli (rimandata!)
Daniele Martinelli

La Lira Siciliana - L'altra Sicilia, 10 Giugno, 2008
Lira siciliana
Le lire siciliane che tanto avevano terrorizzato l’economista Einaudi, avrebbero, dunque, dato ai governi siciliani i mezzi per sviluppare l’economia dell’Isola e sconfiggere così la sua centenaria disoccupazione, ma soprattutto i mezzi per non dipendere economicamente e politicamente dal governo italiano

La nave dei folli - Pierluigi Paoletti, Centrofondi, 6 giugno 2008

Approvazione ordine del giorno circa provvedimenti di sostegno economico relativo al "progetto SCEC" - CITTA’ DI CASTROVILLARI (Cosenza), 14 maggio 2008

Finanza Etica: Monete Locali - di Gabriele Bindi, Aam Terra Nuova · giugno 2008
Invece di prendercela con l’euro, perché non creare una moneta nuova, più vicina ad un tipo di economia che ci piace? Non si tratta di un’utopia: è quello che hanno già fatto centinaia di comunità locali, sparse in tutto il mondo




CSM NEWS giugno 2008:                              IL NUOVO SITO DEL CASO "FORD CONNECTION"

Denis Robert e Marco Saba, a LeccoDebito pubblico e Signoraggio: il problema delle Banche Centrali - Da un articolo di Marco Della Luna e Antonio Miclavez

Arthur Kitson (1860-1937): The Money Problem, A Fraudulent Standard, Unemployment

F.A. Mann, Compound Interest as an Item of Damage in International Law [pdf], Law Review, Volume 21, Issue No. 3, 1987-1988

COMMUNITY CURRENCY: AN APPROACH TO ECONOMIC SUSTAINABILITY IN OUR LOCAL BIOREGION - Natalie Terese Soder, IJCCR vol 12, 2008

L’ATTUALE GOVERNO ITALIANO AL BIVIO PRIMA DI COMINCIARE - di Nino Galloni, NEXUS n.74, giugno-luglio 2008
Dopo quasi 15 anni di pazzie di destra e di sinistra il Governo Berlusconi si troverà,
entro pochi mesi, a dover sciogliere alcuni nodi  fondamentali di politica economica finalmente venuti al pettine

Incontro su banche e signoraggio - Ass. Culturale Altrostile, via Caravaggio 7, Grassobbio (BG), 20 giugno 2008, h.21.30

Stato di emergenza 6 - di: Alessio Manucci, 12 giugno 2008

GALLONI: FAME NEL MONDO, NESSO TRA SOVRANITA’ ALIMENTARE E MONETARIA - Roma, AgenParl, 5 Giugno 2008

PM Luigi Sandulli e Fabio De Cristoforo: inaccettabili motivazioni di richieste di archiviazione in materia di usura bancaria - Avv. Alfonso Luigi Marra, 26 maggio 2008



Altre News giugno 2008:               (Nel 2007, il tasso medio di occupazione Ue è stato meno del 66% - Fonte: Rinascita)
Hai saputo del coinvolgimento di Claudio CIAMPI nello scandalo BNL-ATLANTA?
The Bank Implode-O-Meter - Your play-by-play for the end game of modern banking


The End of the Anglo-American Empire? - by Richard C. Cook, Global Research, June 30, 2008
Richard C. Cook is a former U.S. federal government analyst, whose career included service with the U.S. Civil Service Commission, the Food and Drug Administration, the Carter White House, NASA, and the U.S. Treasury Department

Anatomy of a bank failure: When the liquidators come calling - Damian Paletta, Wall Street Journal, June 8, 2008
The depositor who thinks he has $10,000 in a bank is misled; in a proportionate sense, there is only, say, $1,000 or less there. And yet, both the checking depositor and the savings depositor think that they can withdraw their money at any time on demand. Obviously, such a system, which is considered fraud when practiced by other businesses, rests on a confidence trick: that is, it can only work so long as the bulk of depositors do not catch on to the scare and try to get their money out. The confidence is essential, and also misguided. That is why once the public catches on, and bank runs begin, they are irresistible and cannot be stopped

Mortgage ruling could shock U.S. banking industry - Reuters, Jun 30, 2008
The Truth in Lending Act, a 1968 federal law designed to protect consumers against lending fraud by requiring clear disclosure of loan terms and costs, lets consumers seek rescission, or termination, of a loan and the return of all interest and fees when a lender is found in violationv

HUGE CREDIT CARD CRISIS NEXT FOR AMERICA - Salon.com, June 30, 2008
Just as with mortgage debt, credit card debt is put into pools that are then resold to investment houses, other banks and institutional investors. About 45 percent of the nation’s $900-plus billion in credit card debt has been packaged into these pools, and so many companies, not just a few, are at risk of being forced out of business by credit card debt write-offs
Stimulus

Polish president refuses to sign EU reform treaty - AP, Jun 30, 2008

If The Banks Fail... - By Dick Eastman, rense.com, 6-30-8
First, find a real president and put him in office.

Amerikaanse 'meltdown' reden geldinjectie Fortis - De Telegraf, 29 jun 2008
Fortis Chairman Maurice Lippens expects the complete collapse of the U.S. financial markets, with bankruptcies of 6000 U.S. banks without bankassurance coverage, within the next few days or weeks. "We are ready at the last minute. Things are going much worse in the in the United States than thought. ... But with Citigroup, General Motors, there begins a complete meltdown in the U.S."
Maurice Lippens
Count Maurice Lippens
Chairman of the Board of Directors
Fortis Brussels SA/NV

BIS warns of 'tipping point' - Matt Turner, Financial News, June 30, 2008
The global economy could be facing a deeper and longer lasting downturn than analysts have predicted, the Bank for International Settlements has warned, as complex structured products and regulatory failures combine to prolong the problems first witnessed during the onset of credit crisis

06/30/08 - Funding the Bacchanalian Excess - by The Mogambo Guru
"The bad news is that today's feasters, gorging themselves at the government trough, are not going to commit suicide. They are going to riot, and elect politicians to continue the feast, regardless of the cost."

[too corrupt to fail] Fed Feared 'Contagion' If Bear Failed - newser, Jun 27, 08

ENTI LOCALI: RAGIONERIA; 61, 8 MLD MUTUI, 1. 045 EURO A CITTADINO - ANSA, 30 giugno 2008
Ogni cittadino italiano, tramite le regioni e gli enti locali, ha sulle spalle un debito per 1.045 euro

MUTUI: DE BENEDETTI, NON VISTO ANCORA IL PEGGIO DELLA CRISI - ANSA, 30 GIU 2008
Carlo de Benedetti si dice ancora pessimista sulle conseguenze della crisi finanziaria e lo stato dell'economia. "Al momento non vedo cielo sereno per i prossimi mesi, non abbiamo visto il peggio" ha affermato a margine dell'assemblea di Management & Capitali

American financial fiasco could take down world economy - By BERT HIELEMA, The Intelligencer

Envisioning a world of $200-a-barrel oil - By Martin Zimmerman, LATimes, June 28, 2008
As forecasters take that possibility more seriously, they describe fundamental shifts in the way we work, where we live and how we spend our free time

The Shrinking Influence of the US Federal Reserve - By Gabor Steingart, SpiegelOnline, 06/26/2008
Humiliation for Mr. Dollar: Ben Bernanke, the chairman of the United States Federal Reserve Bank, faces a general investigation by the International Monetary Fund. Just one more example of the Fed losing its power

Derivati finanziari, Albano (PD): "il banco vince sempre" - Brindisi, 29/06/2008
Il comune di Brindisi ha stipulato nel 2003 con la BNL un contratto avente per oggetto prodotti finanziari derivati ( Interest rate swap) su un capitale ( nozionale) di 25 milioni di euro, della durata 20 anni (fino a dicembre del 2022)... Essendo prodotti finanziari a così lunga scadenza, non ci sono certezze, è difficile ipotizzare il risultato finale di questa operazione i cui effetti, rimanendo inalterate le cose, li stiamo scaricando sulle generazioni future. Il dato certo è che l’80% dei contratti stipulati dai comuni italiani sono in perdita per un miliardo e 55 milioni di euro...

The Dow-Crash, The Dollar, Gold, and WAR! - Jun 28, 2008
Unsurprisingly, the US war machinery is in full swing at this time. Troop and military asset movements into the Iranian theater are nearly complete, and Congress has again prostrated itself before its banking-guild rulers who want total government (and therefore banking) of all economic activity

L'Adusbef attacca Draghi: "corresponsabile della crisi dei mercati generata dai subprime" - raiNews24, 27 giugno 2008
Il governatore di Bankitalia, Mario Draghi, "si accorge finalmente ad un anno di distanza della fragilita' dei mercati, inondati di liquidita' e di sostegni economici per salvaguardare gli esclusivi interessi delle banche e dei manager dalle bancarotte"

Credit scores hit by card limits - By RACHEL BECK, AP, 2008-06-28
Just as Americans grow more reliant on credit cards to help pay monthly bills, they're being hit with a one-two punch: Card companies are reducing borrowing limits for tens of thousands of consumers, which then can lead to lower credit scores

Ex-weapons inspector says Iran not pursuing nukes, but U.S. will attack before '09 - By Jason Leopold, Online Journal, Jun 27, 2008
He explained why he believes the U.S. is gearing up toward launching a military strike in Iran and how the media has misrepresented a recent report by the International Atomic Energy Association (IAEA) regarding Iran

BILL GATES LASCIA LA MICROSOFT - Ansa, 2008-06-27
Mentre leggerete l'articolo, i dipendenti passeranno da 100.000 a 80.000...

Reports: Siemens to cut 17,200 jobs - By MATT MOORE, AP Business Writer, June 28, 2008
Conglomerate Siemens AG, wracked by a wide-ranging corruption scandal, will cut up to 4 percent of its work force worldwide, or about 17,200 jobs, a pair of newspapers reported Saturday

I sei mesi decisivi - Maurizio Blondet, Effedieffe, 28 giugno 2008
Fra poche settimane quanto l’economia USA affonderà sempre più a fondo nella recessione allora il sistema finanziario globale esploderà in diversi sotto-sistemi che tenteranno di sopravvivere alla meglio

Treasury's Paulson to Meet ECB's Trichet - By Marc Jones, Reuters, June 27, 2008
Top market riggers to huddle privately Tuesday in Frankfurt

Caso Unipol: «Ora auguri a De Magistris» Il Csm assolve la Forleo. E lei: «La giustizia trionfa» - Corriere.it, 27 Giugno 2008
La Forleo aveva definito «consapevoli complici di un disegno criminoso» D'Alema e il senatore Nicola La Torre, ipotizzando per loro il possibile concorso nel reato di aggiotaggio. E li aveva descritti come «pronti e disponibili a fornire i loro apporti istituzionali in totale spregio dello stato di diritto»

[signoraggio] Mafia dappertutto! Ma quali sono le vere radici di questa mala pianta? - Il Vespro, 27.06.2008
In quasi sessant'anni, la questione Siciliana è stata oggetto di conferenze, incontri, dibattimenti fini a se stessi, ovvero fini allo spreco di denaro pubblico ove si consideri che ogni conferenza di questo tipo, di livello ministeriale, non costa mai meno di quattrocentomila euro

06/27/08 - Gold Bats a Thousand on Softball Questions - by The Mogambo Guru
What makes me laugh is that Mr. Keesler got credit for such a real softball, slow-pitch question, as there is NEVER any way out of ANYTHING inflationary except to "adopt more stringent monetary policies"!

NUCLEAR COST ESTIMATES - By Pam Radtke Russell, EnergyBiz Insider, June 23, 2008
The rising cost of materials and labor has the potential to put an end to the nuclear renaissance before it ever gets started. Company estimates that have been released show costs for an individual unit could be as high as $12 billion, and one consultant expects those estimates could rise if material prices continue to escalate

[understanding US foreign policy...] Iran’s Economy - Shayerah Ilias, CRS Report for Congress, June 12, 2008
Following the 1979 revolution, all of Iran’s banks were nationalized and foreign banks were banned. Privatization have been thwarted frequently by the Guardian Council. Iran’s financial sector continues to be heavily dominated by large state-owned banks

"Resterete senza olio d'oliva" - La Stampa, 28 Maggio 2008
DUECENTOMILA SUICIDI “I CONTADINI INDIANI SONO STATI COSTRETTI A PASSARE ALLE COLTURE INDUSTRIALI E UCCISI DAI DEBITI“ - Intervista di Marco Zatterin

[HANNIBAL THE CANNIBAL] Unicredit, 9mila esuberi nel piano strategico. La Borsa delusa sui target - dall'inviato Alessandro Graziani, IlSole24Ore, 27 Giugno 2008
La ristrutturazione porterà nel triennio alla riduzione dell'organico di 9mila unità, di cui 5.800 quelli già previsti dall'integrazione con Capitalia

Barclays warns of disaster as Fed loses all credibility - By Ambrose Evans-Pritchard, The Telegraph, June 27, 2008
Barclays Capital has advised clients to batten down the hatches for a worldwide financial storm, warning that the US Federal Reserve has allowed the inflation genie out of the bottle and let its credibility fall "below zero."

Perquisizioni negli uffici di Ubs, Jp Morgan, Deutsche Bank e Depfa: funzionari indagati per truffa al Comune - Maurizio Giannattasio, CdS, 27 giugno 2008
Persi 300 milioni di euro: «E adesso il sindaco Moratti venga in aula per dire quello che sa sui derivati»

Massachusetts sues UBS over auction-rate securities - The New York Times, 27 June 2008
William F. Galvin, Massachusetts’ top securities regulator, has filed fraud charges against UBS, accusing the Swiss bank of misleading clients on auction-rate securities

OPEC Chief Sees Oil Going to $150-$170 - From Reuters, June 26, 2008
Oil's rise is mainly dollar's devaluation, OPEC chief says

06/26/08 - Love/Hate Inflationship - by The Mogambo Guru
"We love inflation and we hate inflation! So, it's a love/hate relationship! The most confusing kind! No wonder my head is spinning all the time!"

Derivati, Gdf perquisisce 4 banche - TGCOM, 26/6/2008
L'accusa è di truffa aggravata ai danni del Comune di Milano per la stipula di contratti derivati, i militari della Guardia di Finanza hanno perquisito le sedi milanesi di Ubs, Deutsche Bank, JP Morgan e la sede romana di Depfabank

06/25/08 - Using Modern Economics to Scare Children - by The Mogambo Guru, The Daily Reckoning
"And don't get me started on how increases in Social Security payments have lagged increases in prices for years and years, because I hear plenty of that from people who depend on Social Security checks."

Money being pulled out of New York City banks - 2008-06-24
There has been no explanation for the sudden wire transfer activity, although the rumor mill suggests fears of a sudden economic collapse and/or a U.S. and Israeli military attack on Iran, which could touch off a wider regional conflict

Ted Butler: Silver is a tiger by the tail - Gata.org, 2008-06-25
Silver market analyst Ted Butler's new essay, "A Tiger by the Tail," elaborates on his disclosure of the huge short position in the silver exchange-traded fund and its likely purpose: concealing the shortage of the metal and suppressing its price

Juncker, Asselborn et la démocratie - L'Investigateur, 24/06/2008
Les Irlandais ne sont pas contents et ils ont raison. Selon la presse de l’île verte, ce sont notamment les réactions très peu démocratiques de deux personnages qui les énervent : d’une part Jean Asselborn, le vice-président et ministre des affaires du gouvernement luxembourgeois et d’autre part, Jean-Claude Juncker, président de ce même gouvernemen

Valuta vera o falsa: fa differenza? - di Marco Giacinto Pellifroni, 24/06/2008
I primi due aerei carichi di AM lire partirono dagli USA nel luglio 1943 alla volta dell'Italia e il generale Alexander, Comandante in capo della campagna militare italiana, emise un proclama in cui imponeva la circolazione forzosa delle AM lire ( Allied Military Currency ), che chiunque era tenuto ad accettare per qualsiasi pagamento. Te capì?

L'INCREDIBILE TRUFFA DELL'ORO NERO - di Tom Bosco, 24 Giu, 2008

Quarterly Window Dressing- A Recurrent Wall Street Scam- By: Steve Selengut, Portfolio/Market Manipulation, Jun 23, 2008

IT'S NOT AN OIL PROBLEM - By Paul Proctor, NewsWithViews.com, June 24, 2008
“Because thou sayest, I am rich, and increased with goods, and have need of nothing; and knowest not that thou art wretched, and miserable, and poor, and blind, and naked.” – Revelation 3:17

06/24/08 - Economic Egomaniacs - by The Mogambo Guru
"Now, total government taxation consumes half of all incomes, all of which goes around and around until my head is spinning and I wonder how it is possible that any country with as many schools, colleges and universities as we have can be so freakishly, perversely, brain-dead as to believe that such idiocy was even freaking possible?"

Asian Clearing Union to give euro equality with dollar - By Siddique Islam, All Headline News, June 22, 2008
Central bank chiefs of the Asian Clearing Union (ACU) have agreed to introduce the euro alongside the U.S. dollar for settlement of payments among the member countries beginning January 2009

Consumer Pain Goes Beyond The Pump: Gas Fees Added in Several Industries - By Ylan Q. Mui, Washington Post, June 24, 2008
The rising cost of fuel is rippling far beyond what consumers pay at the pump. Companies across an array of industries are instituting fuel surcharges that are nibbling away at consumers' pocketbooks. Like the airline industry with its baggage fees, businesses say they are being squeezed by higher gas prices and must pass on the costs to survive

Homeowner Begs Bank To Foreclose - Mish,  June 23, 2008
There you have it, a $224,900 condo that is now worth less than zero. The bank refuses to foreclose. No one wants it at any price. Is that what it's going to take to get rid of condos? You have to pay someone to take it off your hands?

Inflation: Enemy Number Two - By Bill Bonner, The Daily Reckoning, June 23rd, 2008
So, imagine that you have money invested in the fund that advertises itself as offering "enhanced leverage" from "structured credit strategies." Now, imagine that you read in the paper that houses are going down in price...and that subprime mortgages are going belly up. Couldn't you put two and two together? Well...duh... but that's just it, people who invest in hedge funds can't do math. The managers didn't have to deceive them. They just had to keep their mouths shut...which they did

Désaveu populaire pour le gouvernement luxembourgeois et le traité de Lisbonne - L'Investigateur, 23/06/2008

One Currency for South American Union - Barbara L. Minton, Natural News, June 22, 2008

[IOR] Lettere e memoriali di Vincenzo Calcara (parte 5) - di Salvatore Borsellino, Antimafia2000, 16 Giugno 2008
Gli svariati miliardi e miliardi che la Banca del Vaticano riciclava facendoli diventare poi puliti venivano investiti “ANCHE” per comprare BENI IMMOBILI (TERRENI, VILLE, TENUTE, PALAZZI etc. etc.) che venivano intestati non solo a Cardinali o Vescovi ma anche a UOMINI di Cosa Nostra, a UOMINI della Massoneria, a UOMINI POLITICI etc. e anche a PARENTI e AMICI che facevano da Prestanome

[IOR] Lettere e memoriali di Vincenzo Calcara - di Salvatore Borsellino, Antimafia2000, 03 giugno 2008
Parlandomi di Papa Luciani mi disse: Lui voleva fare una "RIVOLUZIONE" all'interno del VATICANO! Voleva che la Chiesa fosse più povera, ridimensionando la ricchezza del vaticano, e aveva studiato un piano per aiutare le famiglie povere del mondo, innanzitutto da quelle ITALIANE ovviamente, tutto ciò si doveva fare tramite e per mezzo la Banca del Vaticano, che dopo avrebbe voluto dare in mano e farla gestire a persone LAICHE con l'insegnamento di Gesù: DARE A CESARE quel che è di CESARE

Il nostro arretramento pianificato - Maurizio Blondet, FDF, 23 giugno 2008
Appunto, non siamo più sovrani della moneta. Viviamo sotto una moneta estera, l’euro, ed è la Banca Centrale Europea a imporre il tasso d’inflazione a quel ridicolo livello. Tremonti però avrebbe dovuto spiegare meglio il motivo tecnico: si tratta del piano di impoverimento programmato, deciso dai gestori monetari, della classe media e lavoratrice europea

06/23/08 - Inflation in Spades - by The Mogambo Guru
"This terrifying news of rising inflation and rising bond yields had the curious effect of producing a sort of fight-or-flight reaction in the Mighty Manly Mogambo (MMM), in that I start involuntarily crying like a baby…"

2008 Flying Monkeys of the FIRE Economy Award - iTulip.com. 06-20-08
"The stock market is not over-priced or risky," they said during the tech bubble. "Home prices are not too high and, in any case, home prices are regional and never fall across the entire nation at once," they said at the height of the housing bubble. "The credit crisis is contained, limited to a small and insignificant corner of the bond market," they said after sub-prime mortgages blew up but before Alt-A, Auction Rate Securities, and other debt products followed. "Inflation expectations are moderate, confined to volatile energy prices," they said before milk and wheat prices doubled. "Oil is a speculative bubble about to pop," they said in 2004, in 2005, in 2006, in 2007, and now again in 2008. You've heard it all. FIRE Economy economists play a critical role to misinform the public about the true nature and condition of the US economy. They do for the FIRE sector industries what doctors did for the tobacco industry for decades
Flying monkey
Is anything Paulson says true or make any sense?

NGOs protest against European Commission’s interventions on behalf of Telecom Italia - Spectrezine, June 23rd, 2008
The Italian-based telecommunications multinational is attempting, via the International Center for the Settlement of Investment Disputes (ICSID) and the New York State Court, to extract excessive and unwarranted compensation for the renationalisation of the Bolivian telecommunications company ENTEL, much to the detriment of the Bolivian people

Governo ricattato dalla spectre della BCE - 22/06/2008
Il ministro Tremonti dice: telefonate alla BCE al numero 0049 6913440

Treasury Department has at least contemplated gold swaps - Gata.org, June 20, 2008
The Fed's answer confirmed that the Fed does have secrets about the U.S. gold reserve, apparently involving private businesses, possibly investment houses that have borrowed and sold U.S. government or Western central bank gold

Soros, the Man Who Cries Wolf, Now Is Warning of a 'Superbubble' - Forbes, June 21, 2008
Soros

Brokers threatened by run on shadow bank system: Regulators eye $10 trillion market that boomed outside traditional banking - By Alistair Barr, MarketWatch, June 20, 2008
A network of lenders, brokers and opaque financing vehicles outside traditional banking that ballooned during the bull market now is under siege as regulators threaten a crackdown on the so-called shadow banking system

CENTRAL BANKS: Damned if They Do; Damned if They Don't - by John Hoefle, Executive Intelligence Review, June 20, 2008
Without this extraordinary bailout operation, the financial system would cease to exist. The banks would have to close their doors, and quadrillions of dollars of fictitious assets and derivatives bets would have to be written off, wiping out all the so-called profits of the past four decades, revealing the post-industrial financial boom for what it was: a fraud. As true as it is, it is not a conclusion the bankers are willing to accept voluntarily

Claudio Celani: Una nuova Bretton Woods per il rilancio dell’economia - Luca Bilotta, BergamoEconomia, maggio 2008

Paying off a debt with a daughter - BBC News, 21 June 2008
He has already exchanged two daughters for debt and now the youngest has wiped off a further £1,000 ($2,000) worth, a huge amount of money in rural Afghanistan

Il comune di Roma è tecnicamente fallito - Beppe grillo, 20 giugno 2008
Gli ispettori hanno rilevato che: “L’andamento delle entrate e delle spese non garantisce la sostenibilità finanziaria nemmeno nel breve periodo”

06/20/08 - Asking Too Much of a Fiat Currency - by The Mogambo Guru
"Trying to preserve buying power with advanced purchases of oil! Sort of like buying gold and silver, but messier. Stick with silver and gold. You'll be glad you did, as your motives are the same as everybody else's…"

HousingPANIC calls for a Special Prosecutor investigation of all Congressional real estate transactions, and for the resignation of Sen. Chris Dodd - June 13, 2008

WHY THE DEMISE OF CIVILISATION MAY BE INEVITABLE - New Scientist, April 2, 2008
A few researchers have been making such claims for years. Disturbingly, recent insights from fields such as complexity theory suggest that they are right. It appears that once a society develops beyond a certain level of complexity it becomes increasingly fragile. Eventually, it reaches a point at which even a relatively minor disturbance can bring everything crashing down

Gold May Rise to $5,000 on Inflation, Schroder Says - By Bei Hu, Bloomberg, June 19, 2008

July-December 2008: The world plunges into the heart of the global systemic crisis  - GEAB N°26, LEAP/E2020 Summer 2008 Alert

Government Is Sued Over Seizure of Liberty Dollars - By JOSEPH GOLDSTEIN, The Sun, June 20, 2008

Crittenden warns of further Citigroup writedowns - The Wall Street Journal,
20 Jun 2008
Gary Crittenden, Citigroup’s chief financial officer, on Thursday warned investors that the US bank will unveil a fresh round of "substantial" mortgage-related writedowns during its second-quarter results

Ex-UBS private banker pleads guilty to tax evasion charge - The New York Times,
20 Jun 2008
Bradley C. Birkenfeld, the former UBS private banker, on Thursday pleaded guilty to a charge of helping a US billionaire, Igor Olenicoff, dodge millions of dollars in federal income taxes

Credit Suisse plans more layoffs - New York Post, 20 Jun 2008
Credit Suisse is likely to declare more job cuts in its 19,000-strong investment banking division due to slumping activity, it has emerged

TREMONTI: CARTA PREPAGATA DEL VALORE DI 400 EURO PER LE FASCE PIU' DEBOLI - 20/06/2008
Un inizio molto timido...
Tremonti

Crisi mutui negli Usa, 300 arresti: in manette i manager della frode - Repubblica, 19 giugno 2008
Tra gli arrestati i due leader di Bear Stearns, Ralph Cioffi e Matthew Tannin. Sono accusati di frode, complotto e insider trading. A tradirli le email scambiate

Rogue trader Matthew Piper lost Morgan Stanley £60m suspended - By Helen Power, Richard Edwards and Andy Bloxham, The Telegraph, 20/06/2008

Things will get worse, warns Bank of England governor Mervyn King - By Edmund Conway and Robert Winnett, The Telegraph, 19/06/2008
On Wednesday it was disclosed that the Shell tankers' driver strike was called off following a 14 per cent pay rise offer

06/19/08 - Nothing to Be Done - by The Mogambo Guru
"Perhaps the fact that nothing can be done explains their inaction, because if something could be done, somebody would have thought of it in the last 3,000 years of idiotic governments destroying themselves with creating too much money and credit."

Bear Stearns ex-managers charged - BBC news, 19 June 2008
Ralph Cioffi and Matthew Tannin have been charged with fraud related to two hedge funds which collapsed in June last year

FBI holds 406 for mortgage fraud - BBC News, 19 June 2008
The FBI says it has arrested 406 property market players as part of a crackdown on alleged mortgage frauds worth an estimated $1bn (£500m)

Bank's No 2 to stand down early - By Robert Peston, BBC News, 18 June 2008
Sir John Gieve is to stand down early as Deputy Governor of the Bank of England, as revealed by the BBC
Sir John Gieve

Will you out live your money? - by Devvy Kidd, NewsWithViews.com, June 19, 2008
The American people continue to suffer the failed policies of Congress and sitting presidents. There can be no clinging to the illusion any longer that the economy is merely "soft." The financial picture for most Americans continues to be bleak with no end in sight. As Dominic Frisby said in a recent column, "Central bankers can't talk down inflation." Eighteen years ago, I fell into the issue of the privately owned Federal Reserve Banking System and my journey began. I educated myself about...

Bear bailout shows Fed doesn't follow normal rules for its own books - By Jonathan Weil, Bloomberg, June 18, 2008
If you ever wanted to design an accounting regime to help a bank cook its books, the Fed's would be perfect. This doesn't exactly inspire faith in the U.S. financial system, at a time when a good example might help a lot

Italcementi. Agli atti anche nuove dichiarazioni di Siino: Incontrai Pesenti - di Silvia Cordella, ANTIMAFIA2000, 18 giugno 2008

06/19/08 - Raising the Roof on the Debt Ceiling - by The Mogambo Guru
"The debt ceiling was raised less than a year ago from $8.965 trillion, which means that the despicable Congress (except Ron Paul) authorized themselves to spend about $500 billion…"


BUSH, CHENEY AT CENTRE OF HUGE CORRUPTION STORM - Christopher Story, 18 June 2008
In the course of this recent sequence, several Bank of America bankers were arrested. This appears to be what the eavesdroppers didn’t want us to publish, which is curious given that 7,000 bankers were arrested last autumn, and there have been spasmodic waves of such arrests ever since...

RBS stock market alert: Fund managers react - The Telegraph, 19/06/2008
Buxton points out that many UK shares closely connected to the slowing economy are down between 50 and 80 per cent over the year already and it is too late for investors who have yet to protect their portfolios. They will merely crystallise losses, he says

Come ci rapinano, truffano e spogliano - Maurizio Blondet, FDF, 18 giugno 2008
E’ chiaro: questi sparano a raffica bollette con gli stessi consumi «presunti». Non fanno nemmeno finta di  aver calcolato il consumo ipotetico: cifra fissa, 117 metri cubi a tutti. A centinaia di migliaia di utenti. D’accordo, poi - così dicono al telefono - ti scaleranno quanto hai pagato di più. Ma intanto si sono fatti anticipare una quantità enorme di liquidità. Miliardi

Un terrorista s’aggira per l’Europa - Maurizio Blondet, FDF, 18 giugno 2008

Loss of credibility by Fed, ECB will spark crash, bank's analyst warns - By Ambrose Evans-Pritchard, The Telegraph, June 17, 2008
The Royal Bank of Scotland has advised clients to brace for a full-fledged crash in global stock and credit markets over the next three months as inflation paralyses the major central banks

Morgan Stanley disbands ETF team - Financial news, 18 June 2008

Midyear roundtable: Part 2 - Barron's, June 17, 2008

Corporate investors to shift focus away from US - Financial news, 17 Jun 2008
Companies will in the next five years move away from investments in the US, while at the same time increasing their investments in Brazil, Russia, China and India, marking a fundamental shift in global economic power, according to research published by accounting firm KPMG International

Goldman sheds hundreds but expects headcount to increase - Financial news, 17 Jun 2008
Goldman Sachs reportedly let go of hundreds of investment bankers last week but the bank expects to have increased headcount by the end of the year

THE EUROPE EFFECT - U.N. Dispatch, June 12, 2008
European Policy is bound at its foundation to comply with the "precautionary principle," the idea that perhaps it is not best to wait until a product is harming the population before investigating its properties

[Profiteering from Iraq war] US: Army Overseer Tells of Ouster Over KBR Stir - by James Risen, New York Times, June 17th, 2008

GLADIO: ANCHE LADRI DI MATERIALE? - LA NEWSLETTER DI MISTERI D'ITALIA, Anno 9 - Numero 122-123 - maggio-giugno 2008
Rimane il mistero sulla lista completa dei "veri" gladiatori fornita da Aldo Moro alle BR e che pare fosse pervenuta anche al generale Dalla Chiesa e al giornalista Mino Pecorelli...

NEVADA RANCHER AWARDED MILLIONS IN DECADES OLD PROPERTY RIGHTS DISPUTE - By Sarah Foster, NewsWithViews.com, June 17, 2008
“When a taking has occurred, a plaintiff is entitled to just compensation. The fundamental principle of just compensation is reimbursement to the owner, so that he is put in as good a position pecuniarily as if his property had not been taken.” The total is expected to be about $12.4 million

06/17/08 - Many Thanks to the Damn Greedy Banks - by The Mogambo Guru
Unbelievably, this looks like they are taking your money and buying silver for you, and then loaning the silver to people who sell it, dumping it on the market, driving the price of silver down, which is the opposite of what you wanted when you bought the Perth Mint certificates! Hahahaha! What a scam! Ugh.

MASSA CARRARA: La protesta dei giovani de “La Destra” contro il caro benzina - di Luca Lorenzi, L'Opinione, 17 giugno 2008
In Italia soltanto i cittadini sono martoriati dalle tasse, mentre altre categorie come quella bancaria e finanziaria ne sono quasi esenti ed hanno la possibilità, anche grazie a strumenti quali il signoraggio, di arricchirsi a dismisura alle spalle della nazione

Pannelli solari sul comune di Como. Un risparmio energetico di 150000 euro l’ anno - 17 Giugno 2008

Parmalat shareholders seek damages from auditors and banks - The Wall Street Journal, June 17, 2008
A group of 4,000 bondholders and shareholders who lost money when Parmalat collapsed in 2003 said they will file a lawsuit against the Italy-based dairy company's former auditors and some banks

Citigroup settles Argentina bond accounting probe - The Wall Street Journal, June 17, 2008
Citigroup agreed to settle a lengthy federal investigation into its accounting of Argentine bonds during the debt crisis earlier this decade, a move that will resolve another of the bank's outstanding legal issues

Buffalo lender accuses Deutsche Bank of fraud - The Wall Street Journal, June 17, 2008
M&T Bank Corp on Monday filed a lawsuit against Deutsche Bank and money manager HBK Investments over a soured $82m (€53m) investment in collateralised debt obligations

Alliance Data settles class-action claims over failed buyout - The New York Times, June 17, 2008
Alliance Data Systems, the credit card processor, on Friday said it agreed to settle class-action claims filed against the company and its directors regarding its failed buyout by Blackstone

Finanziaria: tasse su banche, assicurazioni e petrolieri per 2,5 miliardi di euro - Corriere della Sera, 17 giugno 2008
Debbono però rimanere segrete le vittime del pizzo del signoraggio: chi pubblica redditi attraverso qualsiasi mezzo (anche online) rischia una sanzione che potrà arrivare fino a un massimo di 90 mila euro

Gli eurocrati ci impediscono di fare l’Europa - Maurizio Blondet, FDF, 15 giugno 2008
Con questo programma da usurai - ciechi e sordi ai bisogni dei popoli - non si può creare una sovranità. La sovranità politica nasce nel modo esattamente contrario, come risposta ai bisogni. Altrimenti è dominio oligarchico: radicalmente illegittimo, e perciò con piedi d’argilla nelle crisi mondiali. Non si può chiedere ai popoli di combattere e sacrificarsi uniti per poteri ciechi e sordi. Persino gli oligarchi dovrebbero capire che c’è qui un errore ideologico, oltretutto sorpassato, inautentico

'Catastrophic' event feared as ECB fights FED on rates - By Ambrose Evans-Pritchard, The Telegraph, London, June 16,2008
The point of maximum stress could occur in coming months if the ECB carries out the threat this month by Jean-Claude Trichet to raise rates. It will be worse yet -- for Europe -- if the Fed backs away from expected tightening. "This could trigger another 'catastrophic' event," warned Morgan Stanley

Iran reported to withdraw $75 billion from Europe - By Parisa Hafezi, Reuters, June 16, 2008
Iran has withdrawn around $75 billion from Europe to prevent the assets from being blocked under threatened new sanctions over Tehran's disputed nuclear ambitions, an Iranian weekly said

Secrecy for NY Fed's derivatives bailout scheme challenged - By Joanne Morrison, Reuters, June 15, 2008
The New York Federal Reserve's closed-door rule making with top players in the massive $60 trillion credit default swaps market came under legal fire on Sunday, as a fair finance activist filed a complaint questioning why it was done in the dark

06/16/08 - Silver Saves Investors Big and Small - by The Mogambo Guru
"And why is everybody, big and small investors alike, suddenly buying all of this silver? Could it be because silver…has always (for the last 4,000 years in a row, anyway) gone up in price when the value of the money went down? Hahaha! You bet it is!"

Senior JPMorgan official detained over Dubai banking probe - The Wall Street Journal, 16 June 2008
A senior Mideast executive at JPMorgan, Omair Mooraj, is being detained in Dubai as part of a widening fraud investigation at Dubai Islamic Bank, a police official said on Sunday

US seeks legal assistance from Switzerland in UBS tax probe - The Wall Street Journal, 16 June 2008
US authorities have asked Switzerland to help in their investigation of UBS, a spokesman for Swiss federal prosecutors said on Sunday

MF Global earmarks $10m for possible civil penalties - The Wall Street Journal, 16 June 2008
MF Global has set aside $10m (€6m) to cover potential civil monetary penalties from the Commodity Futures Trading Commission after receiving notice that the futures-and-options broker likely faces enforcement action related to a probe of natural-gas-pricing information. (The Wall Street Journal)

Bear Stearns hedge fund managers may face indictments - The Wall Street Journal, 16 June 2008
Federal prosecutors, capping a yearlong investigation, are preparing to file criminal charges against managers of two Bear Stearns hedge funds whose collapse helped mark the start of the credit crisis

OUR TROUBLED COUNTRY: IMPORTING POVERTY - By Frosty Wooldridge, NewsWithViews.com, June 16, 2008
Detroit, Michigan high schools suffer a 76 percent drop-out/flunk-out rate for high school seniors. All totaled, 1.2 million eighteen year olds hit the streets functionally illiterate annually. In Denver, Colorado, 73 percent of children live in poverty

GOVERNMENT AND PRESS/MEDIA COVER-UPS - By Dennis L. Cuddy, NewsWithViews.com, June 16, 2008
With a weaker dollar, more and more foreign firms will be buying American companies. For example, on June 12, 2008 a Belgian firm made a takeover bid for American beer company Anheuser-Busch which began about 150 years ago in St. Louis

E se la Sicilia facesse un referendum sull'Unione Europea? - L'Altra Sicilia, 16 giugno 2008
Il referendum dell'Irlanda, l'unico democratico, non conta niente per l'Europa dei banchieri e dei loro mantenuti, la casta dei politici asserviti e dei giornalisti ruffiani
Sicilia

Leo Zagami Discusses US Economy (YouTube video)

Movie: CONCURSANTE (Rodrigo Cortés) (YouTube video) Complete movie on Veoh TV
One of the most incredible movies of this year!! Superb!! A half way between a Scorsese made in Spain and Paul Thomas Anderson with a little taste of Billy Wilder and even Tony Scott. You can rarely see a so talented young director. It has a great script, which explains the lies of the banks and the financial system. But it's not boring at all, as if a young Orson Welles decided to guide the daring formal structure. The best editing I've ever seen in Spain, I can tell you, magic, genius. And Leonardo Sbaraglia does his best performance until now, two thumbs up for him. Difficult to believe you're seeing this in Spain. It's an spectacle!! Intelligent, funny, terrible, fast, crazy, intelligent again... Much more than a movie!! It may not be perfect, but it certainly is a great great film!!

Cosa sono i Pronti contro Termine (video) - Eugenio Benetazzo

OKLAHOMA DECLARES SOVEREIGNTY---TELLS FED GOV TO CEASE & DESIST

Caro-benzina, camionisti protestano in Francia - Reuters, 16 giugno 2008
Le azioni di oggi giungono dopo una serie di proteste che hanno dato grattacapi a diversi governi nelle ultime settimane, dalla Spagna alla Corea del Sud, e hanno portato il problema del caro-benzina in cima all'agenda politica

The Formula For Hyperstagflation - Bob Chapman, June 14 2008
Contrary to what the fane-stream media, pusillanimous pundits and Wall Street shills might tell you, inflation is caused by too much debt-money and debt-credit chasing after too few goods, and today's oil and food crisis is now providing everyone with a textbook example of how profligate expansion of debt-money and debt-credit can ruin an economy in a frighteningly short period of time

In arrivo raffica di scioperi estivi nei trasporti - ANSA, 15-06-2008
Da lunedi' 30 giugno ferme per 5 giorni le aziende del trasporto merci

Casa: aumentano pignoramenti e esecuzioni - ANSA, 15-06-2008

Americans watching their wealth slip away - BY RICH MILLER and MATTHEW BENJAMIN, BLOOMBERG NEWS, June 15, 2008
High gas prices having ripple effects. Nationwide, home prices in neighborhoods with long commutes and no public transportation are falling faster than prices in communities closer to cities

Some owners plot walking away from foreclosed home - By Nick Timiraos, The Wall Street Journal, June 15, 2008

Food prices force groups that offer square meals to cut corners - LATimes, June 15 2008

[How to avoid to file W-2 income tax forms or withhold taxes or pay workman’s comp] SILVER, GOLD AND THE IRS - By Derry Brownfield, NewsWithViews.com, June 15, 2008
I began a recent presentation before a large group of cattle producers (R-CALFUSA) by showing a paper dollar bill and a silver coin. The words “one dollar” is inscribed on both the coin and the paper, yet the paper dollar will only pay for about one quart of gasoline at today’s prices, while the silver dollar will pay for well over five gallons...

MONETARY REFORM: THE ONLY CURE FOR THE HIDDEN TAX - by Phillip D. Collins, NewsWithViews.com, June 15, 2008
If returning to the gold standard is completely out of the question, what about legalizing competing forms of currency, including gold and silver? Certainly, competing currencies would weaken the Fed’s grip on America’s monetary system

Citing Iraq War, Renowned Attorney Vincent Bugliosi Seeks “The Prosecution of George W. Bush for Murder - DemocracyNow!, June 13, 2008
Vincent Bugliosi is one of the most successful prosecutors in this country, with a record including twenty-one murder convictions without a single loss. With a new book, he outlines his case for the prosecution of George W. Bush for murder. [includes rush transcript]

PACKER TWP, PENNSYLVNIA, PASSES LAW CONTROLLING CORPORATIONS - Community Environmental Legal Defense Fund, Jun. 12, 2008
Municipal government bans corporate sewage sludge dumping; becomes third community in nation to ban chemical bodily trespass; strips corporations of claim to constitutional "rights." Ordinance recognizes the rights of nature; asserts civil rights of residents to sue corporations as state actors

Slot, colpo di spugna sui novanta miliardi - Marco Menduni e Ferruccio Sansa, Il Secolo XIX, 14 maggio 2008

Who Benefits from Disasters? - By Naomi Klein, January 27th, 2008
"Only a crisis -- actual or perceived -- produces real change. When that crisis occurs, the actions that are taken depend on the ideas that are lying around. That, I believe, is our basic function: to develop alternatives to existing policies, to keep them alive and available until the politically impossible becomes politically inevitable."

The Search for a Missing Trader Goes Global - By NELSON D. SCHWARTZ and ABHA BHATTARAI, NYTimes, June 14, 2008
Samuel Israel III

Votate e Fate Votare Online sul Trattato di Lisbona

APPALTOPOLI PERUGIA: DOMANI CONSIGLIO STRAORDINARIO. CARLO COLAIACOVO PRONTO A QUERELARE UNA TESTATA GIORNALISTICA - Tuttoggi.info, 13/06/2008
Domani alle 10 si terrà un Consiglio Provinciale Straordinario. Giunta sul'orlo delle dimissioni

Pesenti indagato in Sicilia "Ha favorito la mafia" - La Repubblica, 13 giugno 2008
L'amministratore delegato di Italcementi, Carlo Pesenti, è indagato dai pm della Direzione distrettuale antimafia di Caltanissetta
Carlo Pesenti

EU Dictators May Ram Through Lisbon Treaty Despite Irish Rejection - Paul Joseph Watson, Prison Planet, June 13, 2008
EU risks losing all legitimacy by circumventing its own laws in pursuit of federal superstate

Mélenchon: «Les eurocrates deviennent peu à peu fanatiques» - François Meurisse, Libération, 13 juin 2008
Il y a une méthode tellement simple que l’on pourrait suivre: en juin prochain, on élit le Parlement européen. On lui donne un mandat constituant et on lui laisse le soin de mettre au point la formule pour écrire un nouveau texte. Dans toutes les démocraties on fait comme ça

06/13/08 - A Phantom Increase in Income - by The Mogambo Guru
"If you are like me, you are suddenly realizing that your income did not go up by 0.2%, or any percent, because if it did, it seems like you would have remembered it. And anyway, if my income DID go up, then where in the hell is all of this money?"

« Ich bin ein… Dubliner » - 13/06/2008
Félicitations aux Irlandais !

BBC uncovers lost Iraq billions - By Jane Corbin, BBC News, 10 June 2008
A US gagging order is preventing discussion of the allegations. The order applies to 70 court cases against some of the top US companies (free market?)

L'Ue nel caos: L'Irlanda ha detto no al Trattato di Lisbona. Governo italiano spaccato - Affari Italiani, 13.06.2008

EU referendum: Ireland votes against Lisbon Treaty - By Tom Peterkin, Telegraph, 13/06/2008
Irish voters have left Brussels' plans for EU integration in tatters by rejecting the Lisbon Treaty. The decision is likely to lead to infighting across Europe

Support for euro in doubt as Germans reject Latin bloc notes - By Ambrose Evans-Pritchard, Telegraph, 13/06/2008
Notes printed in Berlin have more currency for bank customers who fear a 'value crisis', A recent IPOS poll showed that 59pc of Germany now had serious doubts about the euro
nEuro

Emerging markets face inflation meltdown - By Ambrose Evans-Pritchard, Telegraph, 13/06/2008
A quarter of the 800 shoe factories in the Guangdong region have shut down in recent months, and several thousand textile workshops are battling to stay afloat. Hong Kong's industry federation has warned that 10,000 firms operating in the South of China may soon go out of business

Integrazione Ue, le crisi più gravi - La Repubblica, 13 giugno 2008

Trattato di Lisbona, in Irlanda vince il no - L'Unione  Sarda, 13 giugno 2008
E' ormai certa la vittoria del no nel referendum sul Trattato di Lisbona. Lo annunciano esponenti del governo e dei partiti sentiti dalla televisione pubblica irlandese Rte. I contrari alla riforma sono in vantaggio anche a Dublino, dove era attesa l'affermazione del si. I risultati definitivi nel pomeriggio. In Italia il trattato sarà votato in Parlamento a Luglio. E la Lega dirà no

Investors accuse US fund manager of ‘siphoning off’ money - Financial Times, 13 June, 2008
Windmill Management, a US hedge fund manager facing a lawsuit for blocking withdrawals, is now being accused by one of its long-standing investors of “siphoning off” money

Consulenti pubblici: l'elenco dei compensi - Sergio Rizzo, Corriere della Sera, 13 giugno 2008
Il ministero mette in Rete la lista: 251 mila contratti. Spesi 1,3 miliardi. Ci sono professionisti e politici

Federal Reserve and ECB are in no mood to save us from the consequences of our debt - By Ambrose Evans-Pritchard, The Telegraph, 10/06/2008

06/12/08 - Investing Made Simple - by The Mogambo Guru
"Suddenly I think, 'Ahhh! I see! Demand is more than supply, meaning price will go up until demand equals supply!', at which point I think, 'Whee! Investing is easy when you know to avoid stocks and bonds and buy gold, silver and oil…'"

06/11/08 - Jabba the Gold - by The Mogambo Guru
"To get a hot chick to say, 'Take me and ravish me, you Hot Mogambo Stud (HMS)!', you can't use force like old Jabba there. And that means willful cooperation, and that means you are going to need some serious, serious money."

Indagine appalti pubblici: oltre trenta ordinanze custodia - LEGGOonline, 12-06-2008
ance
Tra gli arrestati, Carlo Colaiacovo. Dal 1993 il Colaiacovo è Presidente della Fondazione Cassa di Risparmio di Perugia e dal 2002 Presidente dell’Associazione degli Industriali della Provincia di Perugia. E inoltre membro del Consiglio di Amministrazione di Capitalia S.p.A. e del Comitato di Indirizzo della Cassa Depositi e Prestiti S.p.A. Nel giugno 1997 il Presidente della Repubblica gli ha conferito l’onorificenza di Cavaliere del Lavoro. Nel giugno del 2005 ha ricevuto la Laurea Honoris causa in Economia all’Università di Perugia
Carlo Colaiacovo

WHISTLEBLOWER FROM THE ILLUMINATI THAT TRIED TO FIGHT SATANISM IN NORWAY WAS ARRESTED BY THE POLICE AND LOCKED DOWN AT A MENTAL INSTITUTION - Hans Gaarder,  12 June 2008
Leo Zagami e l'ammiraglio Falco Accame
Leo Zagami e l'ammiraglio Falco Accame a Roma durante la presentazione del film: "Aldo Moro, la verità negata"

I GUAI GIUDIZIARI DEL SIG. TRICHET - di redazione, Finanza in Chiaro, 11/06/2008
Tricheur

Fidelity sued over losses in bond fund - The Wall Street Journal, 11 Jun 2008
Fidelity Investments is being sued over losses in the Fidelity Ultra-Short bond fund, which invested in risky mortgage-backed securities

Caccia al pieno "low cost" ecco la mappa - di Franco Vanni, La Repubblica, 11.06.200
I forzati del weekend in coda per risparmiare 8 centesimi al litro

40 TECHNIQUES OF THE ILLUMINATI - By Gianni DeVincent Hayes, NewsWithViews.com, June 10, 2008
In order for the Elite to completely take over the world, they have to capture the economic sector to create a one-world economy, as seen in the collapse of the American dollar, along with merging the U.S., Canada and America into one of the ten regions

Caro-gasolio: tremila pescatori in corteo a Roma - Il Messaggero, 11 giugno 2008
Zaia: «Condivido la protesta, soluzioni non facili»

An ominous warning that the rapid rise in oil prices has only just begun - By Danny Fortson, The Independent, 11 June 2008
The chief executive of the world's largest energy company has issued the most dire warning yet about the soaring the price of oil, predicting that it will hit $250 per barrel "in the foreseeable future"

Police probe possible suicide of Bayou ex-CEO - The Wall Street Journal, 10 Jun 2008
New York State Police are investigating the possible suicide of Samuel Israel III, the former chief executive of defunct hedge-fund firm Bayou Management who was supposed to begin serving a 20-year prison term on Monday, an investigator said Tuesday

Tagliamo le accise sui prezzi dei carburanti - di Luca Lorenzi, L'Opinione, 10-06-2008
Su 100 euro di pieno 56,4 euro vanno allo Stato. La proposta dei giovani de La Destra, in pratica, riguarda l’eliminazione immediata delle accise ormai decadute e della tassazione ad esse associate, facendo così, si diminuirebbe drasticamente il prezzo dei carburanti di circa 40 centesimi al litro (dove è finita l'accisa per il Vajont?)

Caro gasolio, due camionisti muoiono ai blocchi in Spagna e Portogallo - Il Resto del Carlino, 10 giugno 2008
Bloccato dai picchetti il passo frontaliero con la Francia di La Jonquera. Problemi per mercati e benzinai, enormi blocchi del traffico. Anche i pescatori sono fermi. Il  Pp accusa Zapatero e chiede tagli fiscali

New York Fed Hastens Effort to Bolster Vast, Opaque Credit Derivatives Market - By Serena Ng and Emily Barrett, The Wall Street Journal, June 10, 2008
Federal regulators are zeroing in on the vast but lightly regulated credit-default-swap market in their efforts to repair the financial system as the credit crisis unfolds

06/10/08 - Crude Up and Kills Created Money - by The Mogambo Guru
"This is the Big, Big Reason (BBR) that I am now looking for a cushy job as an oil company CEO, because I would make a lot of money for doing practically nothing and apparently knowing even less. It's perfect for me!"

THE WIZARDS OF MONEY Part 1: "How Money is Created"
What is often overlooked about the monetary system, particularly by advocates of the "trickle down" hypothesis, is that it is a ZERO SUM GAME, because our money is entirely debt based. The more of a positive net money balance I have, the more of a negative balance someone else has

IRELAND HAS BEEN 'ENRONISED', MAY THEREFORE VOTE 'NO': COUNTRY HOLLOWED OUT WITHOUT THE PEOPLE REALISING WHAT'S HAPPENED - Christopher Story, 10 June 2008
If overt malfeasance is 'suspected', the self-serving OLAF Directorate (the so-called Anti-Fraud Directorate within the EC), which exists not to investigate and expose fraud inside these collective institutions but to cover it up, is mobilised to start an investigation. This is then widely publicised, to make sure that the whole world knows that OLAF is watching out for corruption. Some months later, another entity within the structures 'calls for' an investigation, which is then launched. The first corruption investigation is subsequently suspended, pending the outcome of the second investigation. There have been instances where this procedure has been replicated by a third and even a fourth internal investigation. The object of this obfuscation mechanism is to ensure that no definitive outcome can be achieved before the term of the prevailing European Commission expires...

China, India To Be Invited Into Trilateral Commission - By Benjamin Fulford, rense.com, 6-9-8
The move to invite China and India to their club is probably too little, too late, given the rise of a world-wide anti-Rothschild alliance

Why It’s Worse Than You Think - Newsweek, Jun 16, 2008
For months, economic Pollyannas have looked beyond the dismal headlines and promised a quick recovery in the second half. They're dead wrong

The Banking Crisis Is Back - by John Hoefle, Executive Intelligence Review, June 13, 2008
Far from having been stabilized, the global banking system is on life support, kept alive by extensive government funding while it is being restructured; capital injections are being arranged for failing institutions, steps are being taken to keep the book values of worthless securities from plunging to zero, while the banks are being forced to write down the values of their assets

Ron Paul plans his own convention - By David Brown, TRIBUNE-REVIEW, June 10, 2008

Mortgage Delinquencies Rise Nearly 62 Percent in First Quarter - By AMY MCALISTER, HousingWire, 6/10/2008

Potential Future Hyperinflation - By Stephen Lendman, rense.com, 6-10-8
The real value of all goods and services produced is lower than official GDP numbers when adjusted for higher inflation. More of it means higher prices, not increased output

Denis Robert publie Une affaire personnelle - Comité de soutien à Denis Robert
Le Financial Times expliquait que les banques et plus largement, les marchés, refusaient la régulation par les textes, se faisaient les chantres du libéralisme, mais appelaient à l'aide l'Etat, dès qu'elles avaient merdé. Le procédé est connu de longue date et revient sur le devant de la scène à chaque crise, à chaque faillite de banque. Les banques et les marchés brandissent le spectre du « risque systémique ». De « l'effet domino ». En clair : nous nous devons tous de l'argent entre nous. Si un gros poisson s'écroule, tout s'écroule. C'est la crise la plus noire que l'on puisse imaginer pour le système capitaliste. Et par rebond, on aurait des révolutions. L'Etat n'aime pas les révolutions. Alors il met la main à la poche. Au final, ce sont les citoyens qui payent les conneries d'un tout petit nombre. Mais ce tout petit nombre a une « qualité » particulière. Quand il fait des conneries, elles coûtent très cher...

[Clearstream] Jet de l’éponge au seizième round - Denis Robert, 10.6.08
J’ai démontré qu'une banque russe -la MENATEP- dont le dirigeant est en prison et contre qui nous avons gagné tous nos procès (24 au total) avait un compte non publié et non rattaché à un compte principal publié dans Clearstream...
Clearstream

Bergamo, assalto al portavalori sull'A4: caccia al commando - RomagnaOggi, 10 giugno 2008
Scene da ‘Far West' sull'autostrada A4 Milano-Venezia nel comune di Calcinate

Fiumi di denaro verso San Marino, il caso diventa diplomatico - RomagnaOggi, 10 giugno 2008

Shortages bite in Spanish strike - BCC News, 10 June 2008
A Spanish petrol station is shut after running out of fuel. Panic-buying has begun to set in, cleaning out petrol stations. A growing number of petrol stations in Spain are running out of fuel, as lorry drivers continue to blockade major cities in a protest over diesel prices
Spanish fuel blockade

Rep. Kucinich introduces Bush impeachment resolution - THE ASSOCIATED PRESS, June 9, 2008

Axa-Banque Luxembourg inculpée - L'Investigateur, 09/06/2008
Les préventions vont du faux et usage de faux au blanchiment en passant par la fraude fiscale et sociale et l’abus de confiance
Axa

Maxi operazione anti riciclaggio: coinvolti 2 istituti di credito - marco.cobianchi, Panorama, 6 Giugno 2008
Ma Bankitalia non sa niente...

European fuel protests widen along Spanish-French border - By Dale Fuchs and Alan Cowell, Herald Tribune, June 9, 2008
Pity poor Europe, where the price of oil and taxes levied at the pump combine to push prices to about double the U.S. level

06/09/08 - The Declining Quality of Dollar Menus - by The Mogambo Guru
"To show you how things really work in the real world, Mr. Pento says that nobody is sacrificing profits, as 'In the case of McDonald's, it may be necessary to reduce the quantity or quality of items on the dollar menu in order to maintain the price.'"

Nine meals from anarchy - how Britain is facing a very real food crisis - By Rosie Boycott, Daily Mail, 07th June 2008

Julius Baer: Rudolf Elmer files against Swiss banking secrecy at ECHR -
WikiLeaks, May 13, 2008
Rudolf Elmer

Fox Asks For More Authority Over Hen House - Mish's Global Economic Trend Analysis, June 09, 2008

Had enough of high prices? - CSM, June 9, 2008
Of all the bad economic data, the cost of food and oil need the Fed's urgent attention

Minyan Mailbag: How Safe Is My Gold? - Mish's Global Economic Trend Analysis, June 06, 2008

Spanish hauliers on fuel strike - BBC  News, 9 June 2008
Tens of thousands of Spanish lorry drivers have begun an indefinite strike over the soaring price of diesel, which has risen by 20% this year

NY Fed chief urges global bank framework - By James Politi in Washington and Gillian Tett, FT.com, June 8 2008
Mr Geithner called the system “a confusing mix of diffused accountability, regulatory competition and a complex web of rules that create perverse incentives and leave huge opportunities for arbitrage and evasion”

Thousands clash with police in Egyptian bread riot - SALAH NASRAWI, AP News, Jun 08, 2008
Like much of the rest of the world, Egypt has been wracked by rising food prices and stagnant wages, resulting in protests and demonstration

Lista ufficiale dei partecipanti al Bilderberg 2008 - Maurizio Blondet, Effedieffe, 8 giugno 2008
Chi comanda a porte chiuse: Tomaso Padoa Schioppa, Franco Bernabè(Telecom), Mario Draghi (Bankitalia), John Elkann (Fiat) e Mario Monti (Bocconi)

The Great Carbon Bazaar - BBC News, June 5, 2008
The carbon trading scheme built into the Kyoto Treaty -- put there at the insistence of "leading environmentalists" in the U.S. -- has led to major scams by polluters, which are exceedingly profitable but don't reduce global warming

Open Lawyer's Letter to Bart Chilton, CFTC Commissioner - By: Avery B. Goodman, 6 June, 2008
The Comex/Nymex silver futures market is a giant manipulation and fraud that violates commodity trading law

One killed in Tunisian price riot - BBC News, 6 June 2008
A protester has died in Tunisia in clashes with police over unemployment and inflation on a day which also saw unrest in Asia over living costs

Police hope to lift lid on crime proceeds in safe deposit raids - David Pallister, The Guardian, June 7 2008
Three vaults sealed off and boxes examined. Directors arrested on suspicion of laundering

Art, jewels and £14m cash seized in deposit box centre raids - David Pallister, The Guardian, June 5, 2008
Officers have also uncovered several works of Renaissance art, a haul of valuable jewellery, a gun and counterfeit passports, chequebooks and credit cards

Crisi finanza contagia economia, Italia senza strategia-rapporto - Reuters, 4 giugno 2008
Deaglio, professore di Economia internazionale a Torino, ha sottolineato che la crisi in atto è "di sistema" e "la cosa più onesta che le banche d'affari possono dire è che non sanno" perché "le risposte non sono nei manuali d'economia"

TESORO/ NEL 2007 PERSI 600 MILIONI SU SWAP DEBITO PUBBLICO - Apcom, 7 giugno 2008

Forlì-San Marino: evasione fiscale e riciclaggio, bloccati 2,6 mln di euro - Tele1, 7 giugno 2008

* * * RAPPORT PAR LA MISSION D'INFORMATION COMMUNE SUR LES OBSTACLES AU CONTRÔLE ET À LA RÉPRESSION DE LA DÉLINQUANCE FINANCIÈRE ET DU BLANCHIMENT DES CAPITAUX EN EUROPE - ASSEMBLÉE NATIONALE, ONZIÈME LÉGISLATURE, 30 mars 2000

SEC and Justice scrutinize AIG on swaps accounting - The Wall Street Journal, June 6, 2008
The US Securities and Exchange Commission is investigating whether insurer American International Group overstated the value of contracts linked to sub-prime mortgages, according to people familiar with the matter

A Roma, presso la sede nazionale del Movimento Valori e Futuro, fondato da Emanuele Filiberto, si e' tenuta la riunione dei gruppi aderenti al movimento 'FermiamoLeBanche' - 5 giugno 2008, h 15.30

ING, Dexia, Fortis et KBC vendraient sciemment de mauvais placements à leurs clients - L'Investigateur, 02/06/2008

Dollar crisis looms, China ponders reform: Mundell - Reuters, Jun 3, 2008

Putin's Purge Of The Rothschild Money Changers - RJN, June 2, 2008

Pressure Points in the Bank Bust - Jim Willie CB, Hat Trick Letter", Jun 6, 2008
IndyMac Bancorp, Sterling Financial, Corus Bankshares, Imperial Capital Bancorp, and GMAC Bank are all on the verge of busts. Look for these banks to possibly lead the list of failures, each with unique vulnerabilities

Wall Street Says -2 + -2 = 4 as Liabilities Get New Bond Math - By Bradley Keoun, Bloomberg, June 2, 2008

06/06/08 - Economic Lessons from Alexander Pope - by The Mogambo Guru
"Luckily, I had been transferring lots of money from the operating account at the bank into cash in the office safe in case of some kind of emergency. And sure enough, here's an emergency! Who says I don't know how to plan ahead? Hahaha!"

Curatore fallimentare ucciso per uno sfratto a Foggia - Repubblica.it, 6 giugno 2008

Sta per scoppiare la bolla derivati - Maurizio Blondet, Effedieffe, 6 giugno 2008

06/05/08 - How to Remain Calm During a Price Explosion - by The Mogambo Guru
"I'm barricaded in my house; there are a zillion 'Trespassers will be shot!' signs all over the yard; and I am buying gold and silver with every dime I can steal from my wife's purse or the kids' piggy banks."

06/04/08 - Sounding the Government Debt Alarm - by The Mogambo Guru
"But that was not the only thing that was causing mayhem with the Mogambo Economic Alarm System (MEAS), as the Federal Reserve itself sold off another $11 billion of its government debt last week! Yikes!"

06/03/08 - Howling at the Moon - by The Mogambo Guru
"You invested $100 in 2002 buying power to get back, after five years, $76 in 2002 buying power! Hahaha! Your 'fabulous' investment made a paper gain, but produced a real, inflation-adjusted loss of 25% of your money! Hahaha!"

06/02/08 - A Paralyzing Rise in Money Supply - by The Mogambo Guru
"Apparently, he mistook the look of sheer, paralyzing horror on my face at this revelation of such a massive expansion of the money supply (because it will lead directly to inflation in consumer prices), to be mere confusion on my part."

The great rice crisis: Rationing at UK supermarkets as world prices soar 70 per cent - By Christopher Leake, Daily Mail, 1st June 2008

Negative equity hits 250,000 - and there is worse to come - Heather Stewart and Lisa Bachelor, The Observer, June 1 2008




Petizioni

Shut Down The Federal Reserve System (sign the petition)
Costituzione italiana - Art. 1 [in lettere, per le banche: "articolouno"] La sovranità appartiene al popolo.
Petition: Transatlantic Seigniorage Dialogue - Petizione: per un dialogo Transatlantico sul Signoraggio


 

 

Appuntamenti


- AMI 2008 Monetary Reform Conference at Roosevelt University in Chicago, Sept. 25-28, 2008
- 314° anniversario del signoraggio il 27 - 7 - 2008
(anno sabbatico) - 314th seigniorage anniversary (anno Templare 890)


ARCHIVIO NEWS


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2005
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Riassunto del Sistema

Qual'è il confine tra il disimpegno e la complicità? Tra l'inettitudine e la collusione?
Ron Paul 1979
DENNIS KUCINICH ON MONETARY REFORM (AUDIO)
I flussi internazionali del denaro - capitolo del libro "O LA BANCA O LA VITA", di Marco Saba, Arianna Editrice, 2008
11 settembre, Torre 1 (Torre Nord): perché non è indicato il numero del piano degli uffici della CEDEL BANK poi diventata CLEARSTREAM BANK ?
911 Cedel Bank

La posizione della Mobil Oil Corporation in merito alla supervisione sulla Federal Reserve:
MOBIL Corp. on the Federal Reserve
"E si osserva anche ciò che meglio di ogni altra cosa può dare la misura della situazione attuale: il dilagare del "metodo mafioso" a tutta la società, la penetrazione progressiva del modello del ricatto, della minaccia, dell'avvertimento. La scomparsa progressiva della "giustificazione", che lascia il posto alla pura forza. Al fondo di ogni trauma, di ogni episodio di terrorismo organizzato, di ogni manovra di potere o di corruzione politica, scavando, si trova uno sportello bancario."
- Lombard, "Soldi Truccati", ed. Feltrinelli, 1980, pag. 11


U.S. Congressional Record - House, September 29, 1941:
THE NATIONAL DEBT

SPEAKER. Under previous order of the House, the gentleman from Texas [Mr. Patman] is recognized for 15 minutes.

WILL COST GOVERNMENT $100,000,000,000 TO PAY DEBT OF $50,000,000,000

Mr.PATMAN. Mr. Speaker, our Government debt at this time is approximately $50,000,000,000. By the time that is paid it will aggregate $100,000,000,000. When we talk about a debt of a certain size we should double the amount if we want to keep in mind what will actually have to be paid before the debt is liquidates. This amount of 100 percent is due to the interest charges. I am not opposed to individuals and corporations paying interest. They should pay interest for the use of money that they hire from other people, but when our Federal Government, that has the eexclusive power to create money, creates that money and then goes into the open market and borrows it and pay interest for the use of its own money, it occurs to me that that is going too far. I have never yet had anyone who could, though the use of logic and reason, justify the Federal government borrowing the use of its own money. For the first 125 years of our country's existence the national debt was small. It was only about $3,000,000 a year - very small. The interest charges amounted to a very insignificant sum, excepting during the War between the States, when the national debt ran up to twenty-five or thirty million dollars. But that was only for 2 or 3 years, and it was small in comparison. However, since the World War in 1917-18, our natinal debt has been large, and today we are paying at the rate of $1,300,000,000 a year interest on our Government obligations.

GOVERNMENT SHOULD NOT ISSUE INTEREST-BEARING BONDS

It is true that if we contract a debt we should pay it. If the Government sells bonds, the Government should pay those bonds. If the Government promise to pay interest at a certain rate on those bonds, the Government should carry out its obligations. It is not only wrong: it is extravagant. It is not only extravagant, it is wasteful. It is absolutely unnecessary. Two days ago Mr. Morgenthau, Secretary of the Treasury, was on the witness stand before the Committee on Banking and Currency on the price control bill. I asked him questions about this. It is in the hearings, commencing at page 1005. Mr. Morgenthau admitted in this testimony that if the Government were to issue $1,000,000 in bonds and sell those bonds which are non-interest-bearing and delivered those bonds to the 12 Federal reserve banks and received credit for them, that he, as Secretary of the Treasury, could then issue the same kind of checks against that money, and the people receiving the checks would receive the same kind of money as if he had issued a million dollars in bonds and sold them to the commercial banks of the country and agreed to pay the commercial banks a certain rate of interest. It would not increase the money supply one penny. Anyone who argues that it is inflationary does not know what he is talking about. It is not inflationary. It is not nearly as inflationary as our present system of selling bonds and paying interest as much as you pay principal.
I have in my possession a letter from the Secretary of the Treasury, Mr. Morgenthau, in reply to a letter I had written to him, I asked him how much the Government would pay in interest charges on the $758,900,000 4 1/4-percent treasury bonds that are payable in 1947 to 1952. His reply was that the amount would be about $967,700.000. Now, mind you, that is where we issued those bonds during the World War, amounting to $758,000,000, and we are paying in interest on those bonds, in addition to the principal, $967,700,000.
Now, take the Panama Canal bonds. They amounted to a little less than $50,000,000 - $49,800,000. By the time they are paid the Government will have paid $75,000,000 in interest on bonds of less than $50,000,000. So the Government is paying out $125,000,000 to obtain the use of $49,800,000. That is the way it has worked all along. That is our policy. That is our system. The question is, Should that policy be continued? Is it sane? Is it reasonable? Is it right or is it wrong? If it is wrong, it should be changed.

Mr. VOORHIS of California. Mr. Speaker, will the gentleman yeld?

Mr. PATMAN. I would rather the gentleman wait until I have finished. Now. I believe the system should be changed. The Constitution of the United States does not give the banks the power to create money. The Constitution says that Congress shall have the power to create money, but now under our system we will sell bonds to commercial banks and obtain credit from those banks. We do not receive money form the bonds. The banks create credit, and, as Mr. morgenthau said in reply to my question, they create the money in that way, and they have already created $20,000,000,000 and bought $20,000,000,000 of Government bonds. Therefore, if we do not change that system we are, in effect, farming out the credit of this Nation and paying a bonus or tribute to people who do not have anything in the world to offer us. They have nothing to give us that we do not already have, and yet here we are paying over a billion dollars a year for the use of it.

IDIOTIC SYSTEM

I believe the time will come when people will demand that this be changed. I believe the time will come in this country when they will actually blame you and me and everyone else connected with this Congress for sitting idly by and permitting such an idiotic system to continue. I make that statement after years of study. I have talked to the Secretary of the Treasury and members of the federal reserve Board and other people who are supposed to know about the money system of our country. They know this can be done easily and conveniently, and it will save money; but their one reply is, "It will have a bad psychological effect." Well, I do not think it would have a bad psychological effect to save the people over a billio dollars a year of interest. I do not think it would. It would certainly have a bad effect on the people who are collecting interest on the Government's money.

FEDERAL RESERVE PRIVATELY OWNED

We have what is known as the Federal Reserve Bank System. That system is not owned by the Government. Many people think that it is, because it says "Federal Reserve."
It belongs to the private banks, private corporations. So we have farmed out to the Federal Reserve Banking System that is owned exclusively, wholly, 100 percent by the private banks - we have farmed out to them the privilege of issuing the Governemt's money. If we were to take this privilege back from them we could save the amount of money that I have indicated in enormous interest charges. We have today about $23,000,000,000 in gold. This gold is, of course, owned by the Government - title to it is in the Government. Many people say the Federal Reserve banks own it, but they do not own it. Congress passed a law saying that the right, title, and interest in and to that gold is in the Government, but for convenience and in order to carry out this present monetary policy, the Treasury has issued what is known as gold certificates and has turned over to the Federal Reserve banks these gold certificates. So today we hold about $23,000,000,000 in gold. Under the old system of issuing $2.50 in currency to every $1 of gold on the theory that a 40-percent gold base would always be safe, you could take that $23,000,000,000 of gold and issue two and one-half times that much money under our present system. This would amount to fifty-seven or fifty-eight billions of dollars that could be issued on that gold; and then the banks receiving the money could issue all the way from 7 to 10 to 1. You can thus see what a great potential threat of inflation is there if it were exercised, but it will not be exercised, because the people who have charge of the monetary system will not permit it to be exercised. The point I want to try to make is that the 12 Federal Reserve banks have in their custody these gold certificates which are used the same as gold, which are sufficient to more than pay off the entire national debt. I am not advocating that this be done quickly or suddendly. I am not advocating that any change like this be made quickly, for it would probably be disturbing to the country; but if the Government owned these 12 Federal Reserve banks, as it should - they should be just as much a part of this Government as the Treasury itself - then eventually the national debt could be absorbed by them and this interest burden could be taken off our shoulders.


JESÚS HUERTA DE SOTO (in: MONEY, BANK CREDIT, AND ECONOMIC CYCLES, Ludwig von Mises Institute, 2006):
"Until specialists and society in general fully grasp the essential theoretical and legal principles associated with money, bank credit, and economic cycles, we may realistically expect further suffering in the world due to damaging economic recessions which will inevitably and perpetually reappear until central banks lose their power to issue paper money with legal tender and bankers lose their government-granted privilege of operating with a fractional reserve."

scec

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