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CRISI DEL SISTEMA MONETARIO: LE NOSTRE PROPOSTE

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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 luglio 2008:   (PREZZO DELLA BENZINA IN SPAGNA: 1,23 euro al litro al 30 luglio 2008)


La strana politica di Bilancio ed Ambientale a Modugno - Gianvito Armenise, Azione e Tradizione, 31 luglio 2008

Moneta Locale e raccolta differenziata
- Gianvito Armenise, Azione e Tradizione, 23/07/2008
L'11 giugno 2008 Azione e Tradizione aveva richiesto l'indizione di un consiglio comunale per investire la Giunta del mandato di emettere "Buoni Locali" a favore delle fasce più deboli della popolazione e spendibili assieme agli Euro, presso i negozi convenzionati

Progetto SCEC: Delibera Comune di Scandale (Kr) (foglio 1) (foglio2)


La lista dei DANEE - l'unica moneta locale presente attualmente in Lombardia

La crisi è dietro l'angolo? La soluzione c'è - di Gianvito Armenise, Responsabile Movimento Politico Cattolico "Azione e Tradizione", 17 luglio 2008
Come fare per restituire capacità di spesa alle famiglie? L'esperienza lo indica: "monete locali e complementari" che distribuite dai Comuni (o dagli Enti Locali secondo il principio di sussidiarietà) alle famiglie più indigenti consentano di incrementare immediatamente il reddito falcidiato da tasse, balzelli e mutui

Documentario sulle Monete Locali (Ithaca Hours, Tlaloc) - RaiNews24, 16 luglio 2008, h.13:10

Milano, convocazione Commissione Istruttoria Nr 06 COMMERCIO, ARTIGIANATO E SICUREZZA - 11 luglio 2008
Audizione dell'Associazione Anno Zero per la presentazione dell'iniziativa "I DANEE a sostegno dello sviluppo della comunità locale". Sotto: proposta  grafica di una possibile vetrofania per gli esercizi aderenti (in fieri)
danee

Moneta al Popolo: Azione e Tradizione risponde all'Assessore scettico - Modugno, 9 luglio 2008


Vacanza SCEC

Lo Scec, un progetto di nuova moneta sostenibile da affiancare all’Euro - Il Bene Comune, 9 Luglio 2008

Gli euro non bastano? Arrivano gli “Scec” - Il Salvagente, settimanale dei consumatori, in edicola dal 2 al 10 luglio 2008

Moneta al Popolo! - di Gianvito Armenise, Azione e Tradizione

La moneta locale, una risorsa - LATINA OGGI, 2 luglio 2008

Alert #20: DOJ Bombs Liberty Dollar! - Bernard von NotHaus, July 1st, 2008
Of course, nobody outside of government wants the DOJ to steal your $3.5 million Liberty Dollars in gold and silver. And a good number, almost 5,000 have signed up for the Class Action Lawsuit

Riunione del comitato di Bergamo per la moneta locale c/o Ass.ne AltroStile, via Caravaggio 7, GRASSOBBIO, giovedì 3 luglio 2008, ore 21


[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




CSM NEWS luglio 2008:                              (Pubblicità: IL NUOVO SITO DEL CASO "FORD CONNECTION")

Denis Robert e Marco Saba, a LeccoWhat Your Accountant Should Know About The Business Of Barter - By Phyllis Malitz, 05/20/2008

Balle, barzellette, menzogne… - di Carmelo R. Viola, Collettivo Bellaciao, 7 Luglio 2008
Menzogna capitale è che lo Stato non possa coniare moneta, cioè avere la sovranità monetaria ma che debba rivolgersi ai “mercanti di moneta” (v. Bankitalia e, oggi, anche BCE: Banca Centrale Europea ), titolari del relativo “signoraggio”. Ne seguono una serie di barzellette come quella del debito pubblico, che pesa perfino su ogni neonato (sic!) e dell’insufficienza o mancanza di fondi per il necessario sociale

Pluralist Economics Review - July 2008
The best of free-access economics


Debito 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

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



Altre News luglio 2008   (Timeline: only few countries until recently did not have a Rothschild-family controlled central bank. Two of those countries were: Afghanistan; and Iraq. Among the remaining are: Iran; North Korea; Venezuela; Sudan; Cuba; and Libya...)
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

Sucking Up to the Bankers: A Bipartisan Lovefest - By Robert Scheer, truthdig, Jul 29, 2008
We need a presidential candidate who sticks it to the bankers instead of sucking up to them

Michael Nield, The Police State Road Map, March 2005
The Western money monopoly is the central pillar of the New World Order monolith. The ownership and control of commercial activity by a few European and American families has created the necessary concentration of financial power to manipulate public policy at all levels through co-optation of politicians, policy institutes, charities, educational establishments, and media outlets. Maintaining this international army is a very expensive business, so it is important to understand the source of its funds

Greenspan: Housing 'nowhere near the bottom' - CNBC interview, July 31, 2008
Former Fed chairman says economy is 'right on the brink' of recession

Plunge Protection Team Rescues Wall Street Using Bank Window of Deceit - By: Jim_Willie, The Market Oracle, Jul 31, 2008
The upcoming widespread price control movement is a cinch, a lock, a guarantee to be seen. It ensures grand grotesque shortages to be suffered in the US Economy, resulting in eventual rationing. The forced ration programs will invite violent response, growing disorder, and eventual chaos. An endless recession is what my forecast calls for, as the nation gradually slides into conditions leading to martial law. The irony in my view is that the US public will beg for martial law in a return for order

IDV: PROPOSTA COMMISSIONE INCHIESTA SU CONSOB E BANCA ITALIA DI PIETRO PRESENTA PACCHETTO SU RISPARMIO, 'TOGLIAMO AI FURBI' - ANSA, 31 LUG 2008
"A chi ci accusa di essere eversivi - aggiunge l'ex pm - rispondiamo che eversivi sono quelli che tengono nascoste queste problematiche per tenersi il malloppo."

IDV: PACCHETTO RISPARMIO E CREDITO PER RILANCIO ECONOMIA - AGI, 31 lug. 2008
“Dalle norme per l’eliminazione dei costi gravanti sui cittadini in seguito ai rapporti di affidamento creditizio per l’abolizione della clausola di massimo scoperto - spiega Lannutti - passando per la proprieta’ popolare della Moneta e l’istituzione del fondo di cittadinanza per costringere la Banca d’Italia a restituire allo Stato italiano quanto incassato a titolo di ‘diritto di signoraggio’”. Per il presidente Di Pietro “si tratta di un pacchetto serio e importante che puo’ aiutare a trovare fondi di investimento per il rilancio dell’economia del nostro Paese, che toglie ai furbi per dare a tutti i cittadini”


Banche/ Di Pietro: Commiss. inchiesta su Consob-Bankitalia
- APCOM, 31 lug. 2008
Le proposte presentate da Italia dei valori riguardano: l'abolizione della clausola di massimo scoperto bancario e misure sulla "Proprietà popolare della moneta" che puntano a "costringere la Banca d'Italia a restituire allo Stato italiano quanto incassato a titolo di 'diritto di signoraggio'. Finalmente!

A Devil's Dictionary of Finance - By Nicholas von Hoffman, The Nation, May 15, 2008

Inflation in Europe reported at 16-year high - By Fergal O'Brien, Bloomberg News Service, July 31, 2008

Guardia di finanza: 2500 ricorsi contro lo Stato presentati al Tar del Lazio - 31 LUGLIO 2008
Senza la rendita monetaria da signoraggio, lo Stato sarà per forza sempre "senza soldi"! Vedrai che ora lo capiscono anche loro...

Thin films: ready for their close-up? - NatureNews, 30 July 2008
New types of solar cell that can be mass-produced cheaply, and integrated into building materials, are popular with venture capitalists and market analysts. But scientists are less gung ho, reports Declan Butler

The Con In Central Bankers' Confidence - Darryl Robert Schoon, 321gold, Jul 30, 2008
The Great Depression of the 1930s was unique in the history of capital markets built on debt-based money, sic capitalism. Until the creation of the Federal Reserve System, the US economy had been a savings-based, not debt-based, economy. The difference between the two, although rarely understood, is profound

07/31/08 - Inflationary Horror Movie - by The Mogambo Guru
"But real inflation…is roaring far above a measly 5%, and while 'annual CPI-U Surges to 5.0%', as per the headlines, inflation measured the older, pre-Clinton way is 12.6% in June! Which is up from 11.8% in May! Yow yow yow! We're freaking doomed!"

[fuggi fuggi] Broker goes missing as securities charges near - Wall Street Journal,
2008-07-31
Federal prosecutors suspect that a Wall Street broker who is the target of a criminal investigation into sales of mortgage-related securities has left the US and could have fled to his native Bulgaria, according to people familiar with the case

Massachusetts Sues Merrill Over Auction-Rate Securities - nakedcapitalism.com, 2008-07-31

Moody’s Corp., the parent of Moody’s Investors Service, said Wednesday that its quarterly profit fell 48% - July 31, 2008
Connecticut attorney general Richard Blumenthal announced that he is suing Moody's Corp.—along with Standard Poor’s and Fitch—for allegedly giving municipalities artificially low credit ratings, costing taxpayers millions of dollars in unnecessary bond insurance and higher interest rates

L'arte della disinformazione da De Magistris e Forleo aspettando il Caso Abruzzo - Antonio di Pietro, 31 luglio 2008

Bush Trying to Rob The Treasury On His Way Out - LPAC, July 30, 2008
Even an open-ended bailout will not be enough to save the banks, because the bailout programs create even more debt that has to be bailed out, increasing the debt exponentially

[golpe morbido dei banchieri] SICUREZZA: DA LUNEDI’ MILITARI PER LE STRADE - AgenParl, 31 luglio 2008
L’invio dei militari per le strade è un’operazione che in sostanza tenta di nascondere la dura realtà...

WTO Dies, Brits Mourn - EIRNS, July 30, 2008
Yet another bankrupt institution of the British imperial world order of free trade and globalization bit the dust this week, with the thunderous collapse of the Doha round of trade liberalization talks of the World Trade Organization (WTO). In mid June, the British blueprint for Europe, the Lisbon Treaty, likewise was buried by a plebiscite in Ireland

Credit Crunch Reaches Downward Spiral Critical Mass - Mike "Mish" Shedlock, The Market Oracle, Jul 31, 2008
Businesses do not want to lend, consumers do not want to spend, financing approved projects (even large projects in supposedly "recession-proof" Las Vegas) is difficult. Unemployment is soaring, demand for credit ratings is dropping, there is no driver for jobs, the service sector is shot and that is going to put still more pressure on consumer discretionary spending and business borrowing. The credit crunch is not only pervasive, it has now reached critical mass where it will start feeding on itself

SEC fines socially responsible fund for breach of rules - New York Post, 21 July 2008
The Securities and Exchange Commission has slapped a $500,000 (€320,844) fine on Pax World Management, a pioneering money management firm dedicated to socially responsible investing, for hiding investments in sectors such as defence, alcohol and gambling

LE MENSE DEI POVERI: Dove mangiare gratis a Milano - Diocesi di Milano, agosto 2008
Decine di migliaia di persone ogni giorno chiedono un pasto caldo o alimenti

Neuroeconomics: Do economists need brains? - The Economist, Jul 24th 2008
A new school of economists is controversially turning to neuroscience to improve the dismal science

Where Credit Is Due: A Timeline of the Mortgage Crisis - By Nomi Prins, Mother Jones, July/August 2008
News: A field guide to the loan sharks and politicos who got us into the predatory lending mess

Suicide Spreads as One Solution to the Debt Crisis - By Barbara Ehrenreich, Alternet, July 29, 2008
In the early 30s, a number of cities were so shaken by the resistance that they declared moratoriums on further evictions. A 1931 riot by Chicago tenants who had fallen behind on their rent, for example, had left three dead and three police officers injured...

SEC Extends Ban on Shorting Fannie, Freddie - By David Scheer and Edgar Ortega, Bloomberg News Service, July 30, 2008
The SEC pushed back expiration of its ban on so-called naked short sales of the firms' stocks to Aug. 12, the Washington-based agency said in a statement yesterday. The order aims to keep traders from driving down financial stocks after Bear Stearns Cos. and IndyMac Bancorp Inc. collapsed amid rumors they were faltering

More Than a Helping Hand - James Turk, GoldMoney, 29 July 2008
borrowing chart

07/30/08 - Too Little, Too Late to Stop Creating Money - by The Mogambo Guru
"So why am I so disconsolate that the Fed is not increasing money and credit, and so is not increasing the money supply and so is not increasing inflation in consumer prices? Shouldn't I be happy?…No, because it is too late to stop now!"

07/29/08 - How to Be Naked With Shorts On - by The Mogambo Guru
"The problem in 'going short' is obvious, as you are thinking, 'How do you sell something that you don't own? Is this another of your Sleazy Mogambo Tricks (SMT) to take my money…'"

07/28/08 - Confessions of a Silver Optimist - by The Mogambo Guru
"The historical high for silver was set 531 years ago…at a princely $806 an ounce. By comparison, the price of silver less than $19 an ounce today, and was only about $5 an ounce in 1998, after having bottomed at under $4 an ounce in 1992."

07/25/08 - Experience in Catastrophe - by The Mogambo Guru
"One of the things that he finds worrisome is that 'things may even be worse than I first thought', which probably shows why he was not selected to be the Republican presidential nominee; he is inexperienced in catastrophe."

Central Banks Fire New Round at Credit Crisis - By Glenn Somerville, Reuters, July 30, 2008

G8: Frattini, una nuova Bretton Woods per governance globale - MF Online, 30/07/2008

Zimbabwe to remove 'zeros' from currency - By ANGUS SHAW, Associated Press Writer, July 27, 2008

IRS to CPA: LIE & RAT & GET A REWARD - APFN, Jul 29, 2008
New IRS Bounty Programs Pays CPAs Even If They Deliberately Cause Their Clients to Owe Tax, Penalties & Interest & Lie to the Clients

Membri Wto si accusano a vicenda - Reuters, 30 luglio 2008

Orrick Settles With San Diego for $2.8 Million Over City Pension Fund - Ross Todd, The American Lawyer, 30 July 2008
For the second time in little more than a month, an Am Law 100 firm has agreed to a multimillion-dollar settlement with San Diego stemming from a city pension fund scandal. The San Diego city attorney announced a $2.8 million deal with Orrick on Tuesday, nearly three years after charging that the firm had failed to disclose the extent of the city's pension debt while the firm served as the city's bond and disclosure counsel. In mid-June San Diego reached a $4.35 million settlement with Vinson & Elkins

Subprime Class Actions Proliferating, Says New Report - Jeff Horwitz, Legal Times, July 30, 2008
A new report released by Cornerstone Research and Stanford Law's Securities Class Action Clearinghouse shows that, in the first half of 2008, the financial services sector produced 63 class action filings -- more than the total number for all of 2007. "Pretty much all of the big players have been sued," says Stanford law professor Joe Grundfest. His advice to lawyers: "Tool up on your knowledge of credit markets."
http://www.law.com/jsp/article.jsp?id=1202423361012

Gas prices drive push to reinvent America's suburbs - USA Today, 30 July 2008

THE LORDS OF FINANCE ARE CALLING DOMESTIC LOANS, SHRINKING THE CIRCULATION OF DOLLAR-DENOMINATED CHECKING ACCOUNT MONEY IN DOMESTIC HANDS -- SO INTERNATIONAL SPECULATORS WITH LARGE DOLLAR DEPOSITS AND DOLLAR-DENOMINATED IOU'S CAN BUY UP U.S. LAND, RESOURCES, BUSINESSES AND YOUR DEBT-ENSLAVED LABOR WITHOUT HAVING TO BID AGAINST AMERICAN HOUSEHOLDS. REMEMBER, THE STOCK MARKET CRASH OF OCT. 1929 WAS CAUSED BY LOAN CALLS (STARTING WITH MARGIN CALLS) -- AND WHEN THE MARKET CRASHED AND NOT UNTIL THE TICKER TAPES WERE THREE HOURS BEHIND DID PERCY ROCKEFELLER AND BERNARD BARUCH AND OTHERS BEGIN BUYING UP THE OWNERSHIP THAT ORDINARY INVESTORS WERE FORCED TO SELL. THE CONTRACTION OF THE MONEY SUPPLY BY ONE THIRD RESULTED IN THE GREATEST TRANSFER OF ASSETS THE WORLD HAD EVER SEEN -- UNTIL NOW.
- D. E.

Argentine banker: I stole on orders at JPMorgan - AP, July 30, 2008
In the declaration, Arbizu described the crimes he committed but said they were common practices that JPMorgan used to evade taxes and launder ill-gotten money, the lawyer said

City police seize eight bankers in dawn raid in biggest ever insider trading crackdown - Daily Mail, Jul 29, 2008
The FSA believes that as many as a quarter of all mergers and takeovers of companies in the UK involve insider trading

Ex-JP Morgan banker arrested in Argentina - By Chad Bray, DOW JONES NEWSWIRES, July 29, 2008
A former JP Morgan Chase private banker was arrested in Argentina on criminal charges in connection with the alleged embezzlement of nearly $5.4m (€3.5m) from clients

The U.S. Is Running Out Of Time To Save Itself - by John Hoefle, Executive Intelligence Review, August 1, 2008
Far from helping, the PPT's actions have accelerated the hyperinflation in the financial markets, including the markets for oil and food. These increases, combined with the overall decline in consumer-credit availability due to the death of the asset-backed securities market, have devastated the families of the lower 80% income brackets in the U.S. Home foreclosures are soaring, credit card defaults are rising, and consumer spending on goods other than food and fuel is contracting—all ominous signs of a rising wave of bankruptcy which will wipe out the banks already mortally wounded by their securities losses, as well as the banks which did not play that game

Across the US, Grave Robbers Pilfer Metal for Quick Cash - The Associated Press, July 17, 2008
Grave robbers, a curse of burial grounds for centuries, are back for new valuables: metal ornaments that can be melted down for quick cash as copper and other metal prices climb ... "It's a crisis of the times," said Ruth Shapleigh-Brown, executive director of the Connecticut Gravestone Network, which monitors cemeteries for theft and vandalism. "People are finding a way to make money." Across the country, police have reported mounting scrap metal prices translating into increased thefts that range from manhole covers and church downspouts to telephone and power lines


Pain in Spain Falls Mainly on Trichet with Toxic Debt - By Esteban Duarte and Neil Unmack, Bloomberg, July 29, 2008

Struggling College Students Turn to Food Banks - By WHITNEY MALKIN, Associated Press, July 25, 2008
Rising food prices bring new group to food banks: Struggling college students

When Dr. Doom speaks, we should listen - John Heinzl, July 29, 2008
During the Depression of the 1930s, at least people who held cash made out okay. Because prices were falling, their money actually bought more. But if Mr. Schiff is right and the U.S. is heading into a period of hyperinflation, then even the most prudent savers will see their wealth eviscerated

World trade talks 'failed again' - BBC News, 29 July 2008
Marathon talks in Geneva aimed at liberalising global trade appear to have ended without agreement

The Grand Summary: Our Empire of Debt Is Collapsing - OTM, July 28, 2008
With all the financial legerdemain in our system--bogus unemployment and CPI numbers, Level 3 assets held safely off balance sheet, and innumerable other financial rats scurrying for cover--we have no choice but dead reckoning
collapsing
26% of the US population need a minimum Basic Income

US Banks Going Straight to Hell on $1.5trillion Eventual Loss - By: Alex_Wallenwein, The Market Oracle, Jul 27, 2008
The reason: Bad loans on banks' balance sheets were written off at market value, but those bad loans that had been repackaged and sold off to shady SIV's or 'conduits' (so that they would not burden a bank's balance sheet and restrict its future loan-making capabilities) were not. Those loans were not written off at market value because the market for them had simply disappeared, vanished into thin air - the realm from whence the 'money' they once added to M1 had originally hailed

Opposition to Lisbon intensifies - The Sunday Times, July 27, 2008
A second Irish vote on the Lisbon Treaty would be defeated by 62% to 38% according to a Red C poll carried out in the wake of French president Nicolas Sarkozy’s flying visit to Ireland last Monday

Crony Capitalism for Dummies: Housing and Economic Recovery Act of 2008 - Dr. Housing Bubble, July 28th, 2008
How the Bailout will not Help you and Cost you Money. A Deep Look at the 694 Pages of the Bill

NAB will shock Wall Street - Robert Gottliebsen, 25 Jul 2008
The National Australia Bank's decision to write off 90 per cent of its US conduit loans will have dramatic repercussions around the world. Wall Street will be deeply shocked when they understand the repercussions of what NAB has done. It is clear global banks have nowhere near provided for their exposures to US housing loans which in the words of John Stewart are experiencing a “meltdown”

L'intervista al ministro dell'Economia: "E' la fine di un mondo" - Il Foglio, 27 luglio 2008
Tremonti dice che c’è più moralità in una Fiat che in un future Goldman Sachs

Are feds stockpiling survival food? 'These circumstances certainly raise red flags' - WorldNetDaily July 25, 2008
A Wall Street Journal columnist has advised people to "start stockpiling food" and an ABC News Report says "there are worrying signs appearing in the United States where some … locals are beginning to hoard supplies."

Russia uses US racketeering law for $22.5bn BNY Mellon suit - Chicago Tribune, 28 July 2008
Russian authorities are planning to apply a US racketeering law in a Moscow court as part of their $22.5bn (€14.3bn) lawsuit against the Bank of New York Mellon

Regulators take over two banks in Nevada, Calif. - By John Poirier, Reuters, 27 July, 2008
Two banks operating in Nevada, Arizona and California — 1st National Bank of Nevada and First Heritage Bank N.A. — were closed Friday by federal regulators


UK Treasury Plan to Rescue Mortgage Lenders - By Edmund Conway, The Telegraph, July 27, 2008
The Treasury is preparing a radical rescue plan for the housing market which may involve pumping billions of pounds into the stricken mortgage markets

PUTTING THE “FEDERAL” BACK IN THE FEDERAL RESERVE - Ellen Brown, July 26th, 2008
Jamie Dimon, the current CEO of JPMorgan Chase, sits on the board of the Federal Reserve Bank of New York, which dominates the twelve Federal Reserve Banks; and he has huge stock holdings in JPMorgan Chase. His participation in the decision to give his bank $55 billion in Federal Reserve loans is the sort of conflict of interest that federal statute makes a criminal offense; but there is no one to prosecute the statute, because the banking lobby is too powerful to be denied. The banking lobby is powerful because private bankers, not the government, create our money and control who gets it

Is central banking inevitably deceitful, corrupt, and grafting? - Gata.org, July 26, 2008
Trask's essay is a brief history of the Second Bank of the United States, which functioned from 1817 to 1836. Trask shows how this central bank quickly resorted to market manipulation, deceit, patronage, and corruption to maintain its power and subvert democracy. Some of the methods cited by Trask are identical to those being used now by the successors of the Second Bank of the United States, the Federal Reserve and the Treasury Department

China: Property Values Fall 40 Percent - The Epoch Times, Jul 23, 2008
The resale price of property in mainland China has dropped by more than 40 percent in recent years, causing some local people to abandon their properties when they are unable to meet the mortgage payments

American Inequality Highlighted by 30-year Gap in Life Expectancy - by Leonard Doyle, Independent (London, July 18, 2008
When examined by criteria usually applied to the Third World, the U.S. is ranked 42nd in global life expectancy and 34th in survival of infants. Suicide and murder are among the top 15 causes of death and although the U.S. is home to just 5 per cent of the global population it accounts for 24 per cent of the world's prisoners

Jim Willie: U.S. central banking is now just ruthless patronage - Gata.org, July 24, 2008
"Central banking controls the value of all labor, services, and real goods, and yet it is conducted almost entirely in secret -- because, in choosing winners and losers in the economy, advancing infinite amounts of money to some participants in the markets but not to others, administering the ultimate patronage, central banking cannot survive scrutiny."

Credit crunch: a third would run out of money in fortnight if unable to work - By Myra Butterworth, Telegraph, 25 Jul 2008

LA sues insurers over futile policy - William Selway, The Age Business Day, July 25, 2008
MBIA, Ambac Financial Group and four other bond insurers are being sued by the city of Los Angeles for allegedly conspiring to maintain a credit-rating system that led local governments to buy unnecessary policies on their bond

Last Plane Account - James Turk, GoldMoney, Jul 24, 2008
"... part of your diversification strategy should be to have a farm or ranch somewhere far off the beaten track but which you can get to reasonably quickly and easily. Think of it as an insurance policy... Your safe haven must be self-sufficient and capable of growing some kind of food. It should be well-stocked with seed, fertilizer, canned food, wine, medicine, clothes, etc. Think Swiss Family Robinson. Even in America and Europe there could be moments of riot and rebellion when law and order temporarily completely breaks down."

The Crack Up Boom, Part V - by Ty Andros, Editor, Tedbits, July 23, 2008
Next to fail
Next to fail appear to be Lehman Brothers ?

Abruzzo: cambiamo le facce - Antonio Di Pietro, 25 Luglio 2008
Non esiste la coalizione di destra e la coalizione di sinistra. C'è un trasversalismo della mazzetta, un federalismo della mazzetta che da quando il federalismo della sanità ha trasferito le risorse dallo Stato alle regioni si sono trasferite pure le mazzette dallo Stato centrale allo Stato regionale

Understanding Just How Screwed We All Are – by Ernest Hancock, 07-23-2008
Central bankers devised a way of taking physical possession of all of the stocks in every Initial Public Offering (as far as I can tell it seems like _ALL_). This allows for selected entities (broker friends etc.) to use the stocks as “collateral” in such a way that they are counterfeited into many many many many times their value into ‘the market’ (Example, for the scale of this: $75 Trillion in worldwide real estate value, $50 Trillion in worldwide annual Gross Domestic Product - $675 Trillion in estimated “derivative value”)Sooner or later someone is going to want to see the actual stock that they purchased or whatever is being used as collateral...

German economy holds its breath - Hermann Kutzer, Financial News, 25 Jul 2008
Are the falls in the German stock market signaling a similar fate for the national economy? The country has so far fared pretty well and the economy continues to expand despite worries about growth. The odd thing is the range of different perceptions

New York sues UBS over auction-rate securities - Greg Morcroft, MarketWatch Pulse, July 24, 2008
New York Attorney General Andrew Cuomo on Thursday filed a lawsuit against UBS, accusing the Swiss bank of misleading its investors over the safety and liquidity of the $330bn (€209.7bn) auction-rate securities market. Cuomo's is the latest of about two dozen lawsuits, filed against brokerages and regulators in nine states, examining how investment firms marketed the securities

[naked short] Scommettono un trilione contro l’America - Maurizio Blondet, Effedieffe, 25 luglio 2008

It's Always Darkest Before the Dawn...of a Economic Depression - By: Kurt Kasun, The Market Oracle, Jul 24, 2008
The financial system will collapse before "zero-hour" actually occurs. I think we are seeing signs of it in the desperate measures being employed to nationalize companies which trade on market exchanges as private enterprises. There is simply no way to defend the SEC's decision to selectively enforce the prohibition of naked short selling for 17 ‘fragile' financial companies and to not enforce it for the over 5000 other companies which trade on US stock market exchanges. And plans to rescue Fannie Mae and Freddie Mac breathe of a sort of corporate nationalism. Over time this will deal a massive psychological blow to financial markets

Luxembourg tristement pays corrupteur - L'Investigateur, 24/07/2008
Il apparaît au grand jour que le Luxembourg a bel et bien corrompu le Gafi (Groupe d'Action Financière)

McFadden's Attempts to Abolish the Federal Reserve System - By: Richard_C_Cook, Interest-Rates/Fiat Currency, Jul 22, 2008
Dr. Ron Paul, the Republican candidate for the 2008 presidential nomination, is not the first U.S. politician to point to the abuses of the Federal Reserve System and call for its abolishment. Similar pleas to get rid of the Fed were made by Reps. Wright Patman (1893-1976) and Henry Gonzales (1916-2000), both Democratic congressmen from Texas and chairmen of the House Banking Committee

GROWING ECONOMIC CRISIS FACING AMERICANS - By Frosty Wooldridge, NewsWithViews.com, July 24, 2008
David Ignatius of The Washington Post said, “The bank industry is going up in flames… while the Treasury Department goes around hosing down every new fire with taxpayer’s money.”

Paulson's Three-Point Plan: Panic, Change Pants, Rinse and Repeat - by John Hoefle, Executive Intelligence Review, July 25, 2008
What Paulson, Bernanke, and the rest of the Ding-a-ling Brothers, Barney and Bailout Circus refuse to accept, is that the bubble has popped, and their speculative financial casino has failed, leaving the banks holding trillions of dollars of securities which are now virtually worthless, dependent upon a business model which no longer exists. The heady days of expansion are gone, replaced by a desperate fight for survival, in which once-powerful institutions have begun to disappear, with many more to follow. The game is over, but the players remain on the field, shell-shocked, refusing to admit they have lost

Will Europe Collapse Before the United States? - by John Hoefle, Executive Intelligence Review, July 25, 2008
As the very fabric of civilization breaks down under the weight of a global financial disintegration and the failure of the political leadership to address this crisis in anything approaching a competent manner, the question is put to the populations of the world: Will you intervene to put your governments back on track before the world collapses into a new Dark Age?

Halt, Bankers! We Are the U.S. Government - Executive Intelligence Review, July 25, 2008
We're now in the biggest financial crisis since the 1930s, since the early 1930s: This one is worldwide, and it's more serious now than anything then. And there is no attention, by either of the two putatively leading candidates now, to any of these issues! That is, what they're saying has no relevance to the cure of the problem which is crushing us, now. And that's where the problem lies

Steps Taken to Calm Investor Fears Over Agency Debt - By Jamil Anderlini, Charles Clover, Krishna Guha, Kathrin Hille, Song Jung-a, Michiyo Nakamoto, James Politi, Saskia Scholtes, and Henny Sender, Financial Times, July 24, 2008
Foreign treasuries just starting to notice U.S. debt catastrophe

The Black-Scholes Atomic Debt Bomb & 7 Predictions - Max Keiser, The Huffington Post, July 22, 2008
Constitutionally speaking, the Fed, and its usurious money lending acolytes are illegal under Article 1, Section 10 of the Constitution

Ron Paul on the Housing Bill 7/23/08 - "The Mother of All Bailouts" [video] -  24 July 2008
Panic

U.S. FINANCIAL MARKET REVAMP IS FALSE PROSPECTUS - Christopher Story, 22 July 2008

07/24/08 - Mr. Foreign Investor's Neighborhood - by The Mogambo Guru
"Perhaps the reason that Treasury Secretary Paulson wants to bail out Government Sponsored Entities (GSEs) like Fannie Mae and Freddy Mac is because of who owns the shares of the companies, which will go to zero if Fannie and Freddie are allowed to fail like they deserve to do."

San Diego sues Bank of America to block foreclosures - By Marty Graham, Reuters. Jul 23, 2008

GM, Ford `On the Verge of Bankruptcy,' Altman Says - By Greg Miles and Caroline Salas, Bloomberg, July 22, 2008

Usa, suicida per evitare sfratto - TgCom, 24/7/2008
Muore ma con assicurazione salva casa

Mortgage bankers' lobby chief to depart as rescue gets underway - Yaël Bizouati, Financial News, 23 Jul 2008
The bill would give the Treasury the authority to increase the already existing line of credit to Freddie and Fannie for the next 18 months. In addition, it would provide $4bn in emergency assistance to communities hardest hit by the foreclosure and sub-prime crisis to purchase foreclosed homes, at a discount. This last provision was a point of contention for Bush, who had objected to it, saying that it was aimed at helping bankers and lenders, not homeowners who are in trouble !

Razzolare nella spazzatura, L’ultima moda a Londra - Maurizio Blondet, Effedieffe, 23 luglio 2008
Recessione? Avete perso casa perchè non riuscite a pagare il mutuo? Vi hanno licenziato? Allegria! C’è un  modo di trasformare tutto questo in una nuova «tendenza», che sta conquistando l’Inghilterra: razzolare nei bidoni della spazzatura alla ricerca di cibo, vestiario, pezzi da arredamento (prossimamente sui nostri schermi...)

Super Losses, Super Layoffs, Super Bailouts - The International Forecaster, July 23 2008
Financial sector statements dont add up, FDIC reserves pounded hard from IndyMac debacle, bailouts will soon come at the expense of the consumer, bond market watch, realities of a debtor nation, financial institutions given protection from shorting

Bush says Wall Street ‘got drunk’ - By Stephanie Kirchgaessner in Washington, FT, July 23 2008
In a video recording that emerged on Tuesday, Mr Bush questioned how long Wall Street banks would remain sober and “not try to do all these fancy financial instruments”

Sex, blood and baby names: U.S. mad for free gas - Reuters, Jul 18, 2008

The Economic Show Trials Begin - by William Norman Grigg, July 23, 2008
Congress and the ruling elite it serves are eagerly stealing everything in sight, through taxes, subsidies, and inflation. But as last week's Senate hearings-cum-show trial illustrate, they are tuning up the machinery of mass hatred in anticipation of scapegoating authentic capitalists for the ongoing economic collapse

You Know The Banking System Is Unsound When.... -  MISH'S Global Economic Trend Analysis, July 23, 2008

THE BEAR'S LAIR:  The death-knell of Bernankeism - By Martin Hutchinson, Asia Times, Jul 23, 2008
This month, all possibility of doubt was lost. The CPI rose 1.1%, putting it fully 5% above its level in June 2007, while the PPI rose a staggering 9.2% on a year to year basis. This puts inflation securely in the 1970s framework

07/23/08 - The Problem Solving Paulson Package - by The Mogambo Guru
"The Paulson Package solves all of our problems! It merely requires you to give me permission to use either unlimited company funds to spend at my total secret discretion, or give me immunity to use a bazooka or baseball bat to whack our enemies…"

07/22/08 - Economy Forces Strippers to Jockey for Pole Position - by The Mogambo Guru
"An adult-club owner named Joe Redner says that although business is down 25%, 'the economy does have one upside for the business - it's bringing out more women willing to give pole dancing a try.' Hahaha!"

Money, Credit, Inflation and Deflation - Steve Saville, 321gold, Jul 22, 2008

Il senatore Fernando Rossi su BCE e Signoraggio (video e testo) - Pubblicato da Per il Bene Comune Lazio, 21 luglio 2008

Chávez widens cheap oil finance network - By Benedict Mander in Caracas, Financial Times, July 21 2008
Members need only pay 50 per cent of the cost of the oil they buy under the scheme up-front: the remainder can be paid in instalments over 25 years at a fixed interest rate of 1 per cent, with two years’ grace

Inflation And The Specter Of World Revolution - By James Petras, rense.com, 7-22-8
Inflation is the great solvent that dissolves paternalistic ties between employers and workers, landowners and peasants, clientele-patronage regimes and the urban poor and sets in motion violent protests against private property and previously popularly elected regimes

La metastasi di Tangentopoli - Antonio  Di Pietro, 21 Luglio 2008

Economic Horror Movie in Britain and Eurozone - MISH'S Global Economic Trend Analysis, July 21, 2008
Things are rapidly deteriorating In the US, UK, and the Eurozone. Let's take a look a couple top stories starting with Hundreds of thousands face job loss in UK, says top economist

07/21/08 - The Power of the Chinese Credit Card - by The Mogambo Guru
"Note the clever way that I used three exclamation points to emphasize the fact that 1.58 billion cards in the hands of Chinese shoppers is a lot, and is equal to 5 cards for every man, woman and child in America! That's buying power!"

Given a Shovel, Americans Dig Deeper Into Debt - By GRETCHEN MORGENSON, The New York Times, July 20, 2008
The lucrative lending practices of America’s merchants of debt have led millions of Americans — young and old, native and immigrant, affluent and poor — to the brink. More and more, Americans can identify with miners of old: in debt to the company store with little chance of paying up

Parmalat close to $475m settlement with UniCredit - The Wall Street Journal, 21 Jul 2008
Parmalat is on the verge of securing a €300m ($475m) payment from UniCredit, in what would be the latest in a series of legal settlements related to the Italian dairy company's collapse five years ago

COMEX GC / CBOT ZG CAPPING / MARKET MANIPULATION SYSTEMIC RISK POSED BY UNDUE CONCENTRATION & INADEQUATE MAINTENANCE MARGIN - Marcus Rodriguez to CTFC, July 19, 2008

World economy in greatest danger - By Ambrose Evans-Pritchard, The Telegraph, London, July 20, 2008
It feels like the summer of 1931. The world's two biggest financial institutions have had a heart attack. The global currency system is breaking down. The policy doctrines that got us into this mess are bankrupt. No world leader seems able to discern the problem, let alone forge a solution

Paulson braces public for months of tough times - CNNMoney.com, July 20, 2008
Treasury sectretary says problems in the banking system are a "manageable situation" - but that it will take time to work through them

“Measure of America” report documents social decay of the United States - by Patrick Martin, Global Research, July 20, 2008
US ranks 42nd in life expectancy. With five percent of the world’s population, the US has 24 percent of the world’s prisoners

Making The World Safe...For Bankers - By Henry Makow, rense.com, 7-19-8
Bankers are terrified we might object to paying them billions each year in interest for money they create out of nothing, guaranteed by our taxes

Global Financial Crisis Worst Since 1930's Depression - By: William_R_Thomson, Stock-Markets / Credit Crisis 2008 Jul 20, 2008
When Chou En-Lai was asked by Kissinger if he thought the French Revolution had been a success he responded ‘it's too soon to tell'. That applies to the current situation

US Financial Break Point Soon - By Bob Chapman, The International Forecaster, 7-20-8
Something is going to break, and soon. Banks are insolvent and failing by the hundreds if not thousands. Hedge funds are on the edge of oblivion

Recession next year: forecaster says things can only get worse - By Margareta Pagano, The Independent, 20 July 2008
The UK economy is heading for recession next year and unemployment could top two million by 2010. That's the gloomy prognosis from the Ernst & Young Item Club, which publishes its summer forecast tomorrow

Irish 'No' vote architect plans Europe-wide 'referendum' on Lisbon Treaty - by Tim Shipman, Telegraph, 20/07/2008
"People across Europe will have the chance to send the same resounding clear message that Brussels cannot continue with this treaty that the Irish people have rejected."

The Process of Indoctrination: How the public is being conditioned to accept the existence of an elite ruling class - James Corbett, The Corbett Report, 14 July, 2008
Many might be surprised to learn that Andrew Jackson, when asked about his greatest accomplishment at the end his storied life, did not talk about his exploits on the battlefield but instead proclaimed “I killed the bank”—a reference to his victory over the moneyed interest's much-hated Second Bank of the United States which sought to centralize control of the nation's currency in the hands of the bankers...

Conti bancari nel Liechtenstein: tutti i nomi della lista Vaduz (pdf) - Antimafia2000, 27 marzo 2008

APERTO IMPIANTO FOTOVOLTAICO PIU' GRANDE D'ITALIA - ANSA, 2008-07-19

Quella voglia di ottimismo - Maurizio Blondet, Effedieffe, 20 luglio 2008
D’accordo: gli speculatori vedono il brevissimo termine, non altro: un rialzo di un giorno li rallegra già. Ma il bocconiano vede «la crisi scongiurata, e in ogni caso si sta evolvendo in maniera positiva». Un consiglio: vada alla Bocconi e si faccia restituire il salatissimo prezzo della laurea. I suoi pagatissimi insegnanti privati, non gli hanno trasmesso tutto il sapere di cui sono depositari

Fight Back Foreclosure, Produce The Note “How-To” - June 19, 2008
Using the “produce the note” strategy is something all homeowners facing foreclosure can do. If you believe you’ve been treated unfairly, fight back. Many judges around the country are becoming more sympathetic to homeowners, because of the prevalence of predatory lending and servicing. In the past, many lenders have relied upon using lost note affidavits, but in many cases, that’s no longer enough to satisfy the judge


University of Missouri experts help Mo. town become first in nation to run on wind energy - by Kelsey Volkmann, St. Louis Business Journal, July 15, 2008
Rock Port, Mo. becomes the first U.S. town solely powered by wind energy. Four turbines supply electricity to its 1,300 residents (video)

BABY BOOMER ARMAGEDDON - By Jon Christian Ryter, NewsWithViews.com, July 18, 2008
There's only one problem with the government's rhetoric. Uncle Sam is paying current benefits from current revenue. That's a Ponzi scheme. And Uncle Sam knows that when the flood of baby boomers creates the human tsunami that President George W. Bush has been warning the American people about, the floodgates will open and what is left of the US economy will be swept out to sea

MAXIBOLLETTE INTERNET: ANTITRUST BLOCCA RISCOSSIONE CREDITI H3G - ASCA, 19 luglio 2008

FREDDIE & FANNIE UNCONSTITUTIONAL BAIL OUT USING WHAT? - By: Devvy, NewsWithViews.com, July 17, 2008
The nation is awash in fear because they are coming to realize that while they've been buying all the hype from the cabal of gangsters in Washington for decades, reality is now setting in as poverty is slamming millions who used to belong to the middle class

Trouble persists for some IndyMac customers - Associated Press, July 17, 2008
"Sure, IndyMac will give you a check," MacPhee told the Los Angeles Times, "but what good is it if no other institution will accept it?"

Nationalization, Fiasco, USDollar, Gold - Jim Willie CB,"Hat Trick Letter", Jul 17, 2008
Some wonder why media networks would be so subservient, not report stories of substance. Check their advertisers, which pay the bills, and also check where they obtain much of their international information. The USGovt supplies data, interviews, video clips, and stories for reasons of efficiency, safety to correspondents, which tends to permit a gradual slant that has turned absurd over the years. Many stories just are not covered at all, like recent foreign summit conferences among banking groups, in Asia and South America

Spain drops reassuring gloss as crisis deepens - By Ambrose Evans-Pritchard, Telegraph, 18/07/2008
Spain's finance minister Pedro Solbes has stunned the markets with an admission that his country faces the worst economic crisis in its history as the full effects of the property crash spread through the economy

Millions of decent taxpayers will foot the bill for institutional idiocy - By Jeff Randall, Telegraph, 18/07/2008
So now we know: the Government gave the public a "wholly misleading picture" of the safety of their savings. That is the assessment of the Parliamentary Ombudsman after an exhaustive inquiry into Equitable Life's collapse

The Big Financial Bailouts - Protecting Their Own - By Joel Skousen, World Affairs Brief, 7-18-8
The recent request by US Treasury Secretary--and more importantly former Chairman and CEO of investment bank Goldman Sachs-- Henry Paulson to bail out Fannie Mae and Freddy Mac with US taxpayer dollars is but another indication of this destructive and parasitic relationship between bankers, government and the economy

M.O./ SCANDALO OLMERT, PROSEGUE INTERROGATORIO TALANSKY - APCOM, 18 lug. 2008
Il premier ha già ammesso di aver ricevuto dei finanziamenti per la sua campagna elettorale ma ha definito perfettamente legali le donazioni, impegnandosi a dare le dimissioni in caso di incriminazione

Wall Street's Great Deflation - posted by William Greider, The Nation,  07/14/2008

Maryland State Police Infiltrated Groups Opposed to War and the Death Penalty - By Matthew Rothschild, The Progressive, July 17, 2008

SVIZZERA/USA: UBS a processo negli USA, l'ASB rassicura: "Nessuna conseguenza per la piazza svizzera" - 18/07/2008
Il fatto che Mark Branson, direttore finanziario della gestione patrimoniale presso l´UBS, si sia scusato davanti alla commissione del Senato, non costituisce un´ammissione di colpa da parte delle banche svizzere, ha affermato Thomas Sutter, portavoce dell´ASB

07/18/08 - Inflation Induced Fainting Spells - by The Mogambo Guru
I realize that it is not just us Americans that are doomed, as people all over the world are suffering from the horrors of runaway inflation in the consumer prices of things like food and energy because their idiot governments are allowing too much creating of money and credit, too, just like us butthead Americans

Britons face losing everything as Spanish construction industry goes into meltdown - By Fiona Govan in Madrid, Telegraph, 17/07/2008
The Martinsa-Fadesa bankruptcy is the latest in a number of setbacks and scandals to have hit the Spanish Costas property market

Ciao Paolo, lettera di Emiliano Morrone al giudice Borsellino - Roma, 18 luglio 2008

L'Antitrust indaga su Bnl, Intesa Sanpaolo, Mps e Unicredit - RaiNews, 18 luglio 2008

TREMONTI: Dalla Finanziaria oltre 400 milioni alle Forze dell'ordine - PDL, 17 luglio 2008
Testo integrale del discorso di Giulio Tremonti, pronunciato giovedì 17 luglio alla Camera dei deputati in occasione della discussione generale sul decreto legge relativo alla  manovra economica triennale

Moral Hazard Meets Hazardous Manners - by Tanta, July 16, 2008

Investors riot in Pakistan as market tumbles: Benchmark down for 15th straight session; loses 27.5% this year so far - By Polya Lesova, MarketWatch, July 17, 2008
Pakistan

07/17/08 - The Voyages of the Debt-Addled Enterprise - by The Mogambo Guru
"Yet, against this staggering load of incestuous liabilities, and liabilities masquerading as assets that totals a third of the annual GDP output of the whole freaking country, these two greedy, corrupt, filthy pieces of debt-addled Government Sponsored Enterprise crap have only a paltry $80 billion in capital! Hahahaha!"

Real-Estate Financier's Death Hints At Trouble for Lenders - By JONATHAN KARP, WSJ, July 16, 2008
Flamboyant real-estate financier Scott Coles penned a farewell letter, put on a tuxedo and climbed into bed, where he was later found dead in what police believe was a suicide
The Wall Street Journal Senses That Something is Wrong - by John Rubino, dollarcollapse.com, 7/16/2008

Status Report on the Collapse of the U.S. Economy - by Richard C. Cook, Global Research, July 16, 2008
Reform measures such as control of credit as a public utility, a basic income guarantee, and a national dividend would be needed for real economic security to replace the current madness that could soon make the U.S. a relic of history

[peste nEURa] German Kids Beg For Food While Berlin Elites Drink Vintage Champagne - By Michael James in Germany, 7-16-8
According to a recent report issued by the German Office of Statistics, 1 out of 8 German children now live below the poverty line. Don't believe it. My eyes tell me that the figure falls within the margin of 1 out of 4. In the less affluent areas of Frankfurt, it is not uncommon to be approached by kids begging a couple of euros for a hamburger. There is no guessing as to the growing childhood misery in Dortmund, Munich, Berlin, and the states of former East Germany. And we have yet to the face the coming "hunger years" of 2009 and 2010... A secret militia, comprised of former Bundeswehr officers and soldiers, is already in the making. They have access to secret arms caches and they know how to take out key installations (and the political elites) in the blink of an eye

Contrordine, si statalizza. Senza dirlo - Maurizio Blondet, Effedieffe, 16 luglio 2008

[peste nEURa] 1929, reloaded - Maurizio Blondet, Effedieffe, 16 luglio 2008
In Gran Bretagna, la polizia ha proposto seriamente di istituire di nuovo il «servizio nazionale», come si fece nel 1945, per occupare i giovani senza lavoro e senza titolo di studio - i più proni alla delinquenza - in opere sociali e lavori pubblici

Parasitic Bankers Achieve the End of Capitalism and the Sacking of America - Stock-Markets/Credit Crisis 2008 Jul 16, 2008
The economist Hyman Minsky described the three sequential steps of debt in capital markets in his Financial Instability Hypothesis

Fannie e Freddie - Beppe Grillo, 16 Luglio 2008
Qualche consiglio: non comprate immobili, non fate debiti, non accendete nuovi mutui, se potete estinguete i mutui che avete, non comprate titoli di società immobiliari, non comprate fondi con titoli di società immobiliari. Fannie e Freddie stanno arrivando

GM's pain hits retirees - By Andrea K. Walker, Sun Reporter, July 16, 2008
Automaker drops health coverage for ex-workers 65 and older, affecting hundreds in Baltimore

LA PROTESTA IERI E OGGI - DI ANTONELLA RANDAZZO, comedonchisciotte.org, 16 Luglio 2008
In Italia nascono, fra il 1901 e il 1906, diverse formazioni sindacali, come la Federazione dei metalmeccanici (Fiom), la federazione dei braccianti e la Confederazione Generale del Lavoro (Cgl). Questi sindacati organizzarono manifestazioni e scioperi, per ottenere aumenti salariali e la giornata lavorativa di otto ore, e le forze di polizia intervennero a reprimere e a rendere vane le rivendicazioni. Uno dei metodi utilizzati dai poliziotti per poter iniziare la repressione era quello di infiltrare finti agitatori (come con gli odierni Black Bloc), che gettavano bombe o iniziavano a picchiare. Veniva creato un clima di violenza e di scompiglio, per criminalizzare i manifestanti bollandoli come "violenti" e per poter terrorizzare i lavoratori

Wall Street: il peggio sta arrivando - Marzio Paolo Rotondo', Rinascita, 16 Luglio 2008
Il fallimento di Indymac è solo il primo di una serie. Presto potrebbero seguire le compagnie automobilistiche e aeree. La crisi finanziaria che stiamo vivendo oggi, viste le sue potenzialità, potrebbe essere ricordata come il crollo di un sistema: quello delle speculazioni finanziarie, del ultraliberismo economico ad oltranza, della deregolamentazione degli interessi forti, del controllo inesistente dello Stato sull’economia, della svendita dell’economia strategica e della moneta, del profitto incondizionato, della privatizzazione dei profitti e la socializzazione delle perdite

Business Strategies for the Muslim World - Dinar Standard: Monthly Newsletter, July 2008: Rajab 1429

07/16/08 - A Poor Job of Stamping Out Food Price Inflation - by The Mogambo Guru
"Currency in Circulation, which is actual cash money created out of real paper and ink or various metals, rose over $6.3 billion last week alone! $6 billion bucks! In one week! That's almost $20 for every man, woman and child in America! In one week!"

The Rockefeller Syndicate - Excerpted from the book Murder by Injection by Eustace Mullins

The Dangers of Internationalism - by Arthur Kitson, first printed in 1932
The plea for world-wide or an international currency is of modern conception and has originated with the group of international money dealers who, to a large extent, control the money and credit of the world

Cops to IndyMac customers: Remain calm or face arrest - Daily News Wire Services, 07/15/2008
Customers became infuriated, and police told them they could be arrested if they didn't remain calm...

Recession-Plagued Nation Demands New Bubble To Invest In - The Onion, July 14, 2008
"What America needs right now is not more talk and long-term strategy, but a concrete way to create more imaginary wealth in the very immediate future," said Thomas Jenkins, CFO of the Boston-area Jenkins Financial Group, a bubble-based investment firm...

[borderline] Avevano una gallina rubata in auto, arrestati 3 extracomunitari - RaiNews 24, 15 luglio 2008

UBS unveils $3.5bn buyback plan for auction-rate securities - The Boston Globe, 16 July 2008
UBS has unveiled a plan to buy back $3.5bn (€2.2bn) worth of auction-rate preferred shares following a lawsuit by Massachusetts Secretary of State William Galvin

Bernanke emphasises on ‘downside’ risks to US economy - Financial Times, 16 July 2008
Ben Bernanke on Tuesday emphasised on the “numerous difficulties” facing the US economy in a Congressional testimony, signalling major risks on both the growth and inflation fronts

Council scraps speed cameras - because they are 'a blatant tax on the motorist'- By Ray Massey, Daily Mail, 15th July 2008

CAPECE (SAPPE): FORZE DI POLIZIA DELUSE DA GOVERNO BERLUSCONI - Agenparl, 15 Luglio 2008
Giovedì 17 luglio prossimo saranno decine di migliaia, appartenenti alla totalità delle Sigle sindacali del Comparto Sicurezza, a manifestare in tutta Italia, davanti a tutte le Prefetture e Questure, e, a Roma, davanti alle sedi del Parlamento e dei Ministeri della Funzione Pubblica e della Giustizia

Ventura: U.S. Government Out To Destroy Middle Class - Paul Joseph Watson, Prison Planet, July 15, 2008
Former Governor Jesse Ventura slammed the weak dollar policy as part of a war being waged on the middle class in America by the U.S. government as the greenback collapsed to an all time record low against the euro today

Many more US bank failures likely after IndyMac - By Jonathan Stempel, Reuters, July 13 2008

Put Up the Firewall, Bring In the Shrinks!- by John Hoefle, Executive Intelligence Review,, July 18, 2008
As their speculative financial system crumbles around them, the bankers and their regulators are in obvious denial about the nature of the problems they face, and the nature of the solutions. Rather than being guided by reason, they are being guided by their compulsions, trying to save what cannot be saved, by methods which have failed repeatedly. Like crack addicts or compulsive gamblers, they find themselves unable to stop their destructive behavior, even when they know, deep in their hearts, that their actions are leading them to their doom

G8 Summit Fails Again: New Bretton Woods, Now! - by Helga Zepp-LaRouche, Executive Intelligence Review,, July 18, 2008
Before our eyes, the world financial system is disintegrating at an ever more dramatically increasing rate; the G8 states are meeting for their annual summit in Japan—and the systemic collapse is not even a topic on its agenda, let alone are they finding a solution for ending the crisis!

Pelosi Is Covering Up for 'Money-Changers in the Temple' - by Nancy Spannaus, Executive Intelligence Review, July 18, 2008
The July 7 Neue Zürcher Zeitung, mouthpiece of the Swiss bankers, accused Tremonti of simply using his fight against speculation and globalization as a diversion; but, the paper was forced, for the first time, to give his campaign prominent, accurate coverage

07/15/08 - Highway to the Fiscal Danger Zone - by The Mogambo Guru
"Yesterday, when inflation in the money supply raised the prices of stocks and the prices of bonds and the prices of houses and the prices of monumental government spending (including the money for programs like his), that was not a 'danger zone' either."

Italy: The Nation vs. the `Britannia' Faction - by Claudio Celani, Executive Intelligence Review, July 11, 2008
Italian Treasury and Finance Minister Giulio Tremonti, a leading proponent of a New Bretton Woods and a supporter of Lyndon LaRouche's Eurasian Land-Bridge program, has launched a series of initiatives against financial speculation at the G-8 meeting, and in the European Union, which have put the Anglo-Dutch oligarchy on the defensive

Why Financial Stocks Will Continue To Fall - 24/7 Wall St., July 15, 2008
The larger problem is that the market cannot avoid looking at the fact that the credit crisis is systemic

Gloom hangs over Wall Street - By Kenneth Musante, CNNMoney.com staff writer, July 15, 2008
Futures decline as investors grow more anxious about bank sector and dollar hits record low; Bernanke testimony in focus

A Jewish Woman Exposing The Rothschilds (video)

The Occult Technology of Power, Alpine Enterprises, 1974

Let the Lawsuits Begin: Banks Brace for a Storm of Litigation - by Ellen Brown, Global Research, July 13, 2008
If large numbers of defaulting homeowners were to contest their foreclosures on the ground that the plaintiffs lacked standing to sue, trillions of dollars in mortgage-backed securities (MBS) could be at risk. Irate securities holders might then respond with litigation that could indeed threaten the existence of the banking Goliaths. It is a little-known, well-concealed fact that banks do not lend their own money or even their depositors’ money. They actually create the money they lend; and creating money is properly a public, not a private, function. The Constitution delegates the power to create money to Congress and only to Congress. In making loans, banks are merely extending credit; and the proper agency for extending “the full faith and credit of the United States” is the United States itself

The Money Manipulators - APFN, Jul 13, 2008
In order to understand the conspiracy (to usurp the constitutional right of governments to coin money so as to force these governments to borrow money with usury [interest]), it is necessary to have some rudimentary knowledge of banking and, particularly, of international bankers

Media Ignores Ron Paul March For Liberty - Steve Watson, Infowars.net, July 14, 2008
Thousands shut down streets of Washington D.C. in peaceful rally
March For Liberty

Customers swamp IndyMac to withdraw money - By Christina Hoag, Associated Press Writer, July 14, 2008
David Barr, who was stationed outside IndyMac headquarters, said it could take several years before the agency fully addresses customer claims

Getting Out of Iraq - Dr. Paul’s latest “Texas Straight Talk,” July 14th, 2008
We have been financing this war through inflation, and attempting to paper over reality with misleading economic indicators. The government has changed the methodology of calculating things like CPI and GDP to hide the bad news. They won’t even publish M3, the total money supply statistic anymore. But reality is hitting the American people at gas pumps and grocery stores, sending more Americans into foreclosure and unemployment lines

We are winning - By Hari Heath, Idaho Observer, June 2008
If we look to the cycles of human history the challenge has always been for the common people to live decent and prosperous lives despite the psychopathic elite’s relentless obsession with institutionalizing various forms of slavery, subjugation, murder and dominance to live in idle luxury at the commoners’ expense

[seigniorage laundering] Crazy wealthy Russians will soon purchase the whole of French Riviera - Pravda.Ru, 14.07.2008

Foreclosure of American dreams -  AlJazeera, July 10, 2008
The government needs to introduce a moratorium on foreclosures because this country is in a depression. Why do they bail out the banks when it is the people who are suffering?

Grave crack bancario in California - Corriere del Ticino, 14 luglio 2008
Ora vi è il grande timore che sia il primo di una serie di fallimenti delle 8.000 banche di piccole e medie dimensioni degli Stati Uniti, il cui stato di salute è molto precario

07/14/08 - A Better Use for Your 401(k) - by The Mogambo Guru
Being naturally argumentative, here is my thinking: You gotta pay the taxes anyway, whether you get the money now or later, and so by NOT taking the money out of the 401(k) right now, you are betting that the retirement plan will go up in price, AND go up enough to offset the loss in the buying power of the dollar! And to that I bellow a Loud Mogambo Honker (LMH) of a laugh "Hahahaha!"

Judge Bars Suit Alleging Negligence by Hedge Fund Accountants - Alejandra Kim, New York Law Journal, July 10, 2008
The liquidators of Beacon Hill Master, which collapsed in 2002, were appointed by a Cayman Islands court to pursue claims on behalf of the fund. But in Bullmore v. Ernst & Young Cayman Islands, 104314/05, New York Supreme Court Justice Charles E. Ramos held that the liquidators were barred from bringing claims against the fund's auditor, Ernst & Young Cayman Islands, because the wrongful conduct of the fund's investment managers "is imputable" to the fund itself

[Abruzzòpoli] Arrestato Ottaviano Del Turco, tangenti per 6 milioni - di Cinzia Rosati, SambenedettoOggi, 14 luglio 2008
Il Presidente della Regione Abruzzo è stato condotto in carcere. Oltre al Presidente della Regione Abruzzo, alla guida di una giunta di centrosinistra, sono finiti in manette anche l'assessore alla Sanità Bernardo Mazzotta il segretario generale della presidenza Lamberto Quarta, l'assessore Antonio Boschetti, l'ex assessore alla Sanità del centrodestra Vito Domenici, l'ex direttore generale della Asl di Chieti Luigi Conca e l'ex presidente della finanziaria regionale Giancarlo Masciarelli
Ottaviano Del Turco

Crisi, così gli economisti vedono il futuro - Il Giornale, 13 luglio 2008

MUTUI: USA, SCENE PANICO DOPO FALLIMENTO BANCA INDYMAC - ANSA, 12 LUG 2008
Migliaia di persone hanno tentato invano oggi di ritirare i loro beni dalla banca californiana IndyMac

[bankenstein] Soffiantini, dossier e veleni Nel processo i dollari ai Ds - di Gian Marco Chiocci, Il Giornale, 13 luglio 2008
I pm affontano poi un altro capitolo oscuro, legato ad un personaggio che D’Alema, a verbale, definisce «un criminale»: Lyndon Larouche". Sapendo proprio che Larouche criminale non è, se ne deduce facilmente che...

REIT investors await reporting season with dread - Carolyn Cummins, BrisbaneTimes, July 11, 2008
Merrill Lynch's property team said it was most concerned about the forecasts for Australand, GPT, Lend Lease, Macquarie DDR Trust, Macquarie CountryWide, Mirvac and Valad. It also said Centro and Rubicon Europe were on the brink of bankruptcy

Chinese Government is Top Foreign Holder of Fannie Mae, Freddie Mac Bonds - BUSINESS WIRE, Jul 11, 2008
$376 Billion in Chinese Agency Bond Holdings Subject to Taxpayer Bailout Proposals According to FreedomWorks Analysts

Bank chiefs in Europe face the ax - By Julia Werdigier, Herald Tribune, July 11, 2008

Bankers Use Secret Clinics, Nurses to Beat Breakdowns - By Thomas Penny, Bloomberg, July 11, 2008
``We get lots of CEOs of companies, traders, high-end business guys,'' says Managing Director Brendan Quinn. ``They want treatment, but they want it to be discreet.''
Mad banker
JPMorgan Cazenove Ltd. and Herbert Smith LLP sponsored a conference yesterday where employers were urged to do more to help workers with psychological problems and recognize they can still be productive...


Dow Jones dives as Hank Paulson rules out rescue of Fannie Mae and Freddie Mac - By Ambrose Evans-Pritchard, Telegraph, 12/07/2008

Key US mortgage lender goes bust - BBC News, 12 July 2008
One of the largest US mortgage lenders, the California-based IndyMac Bank, has collapsed amid a growing credit crisis. IndyMac is the fifth US bank to fail so far this year

Disaster Capitalism State of Extortion - By Naomi Klein, APFN, Jul 11, 2008
We've invested $650 billion to liberate a nation of 25 million people. Shouldn't we just demand that they give us oil?
Naomi Klein
Crédit Agricole chief may quit in boardroom showdown - Vivek Ahuja, Financial News, 11 Jul 2008
Shares in Crédit Agricole fell to a five-year low this morning following reports that the French banking group’s chief executive could be on the verge of quitting in the wake of losses incurred from the sub-prime crisis

IndyMac Seized by U.S. Regulators Amid Cash Crunch - By Ari Levy and David Mildenberg, Bloomberg, July 11, 2008

80-Year-Old Billionaire Says Today’s Economic Period Worst Of His Lifetime - Barternews, July 8, 2008
Eli Broad, retired home builder in California, says this is worse than any recession we've had since World War II and he does not think the housing market will recover for years. He also sees a sharp rise in unemployment.
Broad contends that as home sales keep dropping, most of the equity people in the U.S. have built over the last twenty years melts away. As jobs disappear, defaults rise and the matter becomes worse

Fannie and Freddie Credit Implosions Are Too Big to Bail Out - The Market  Oracle, Jul 11, 2008

07/11/08 - New Car Smells Like Long-Term Investing - by The Mogambo Guru
"Your gain on the $7,200 is just enough for you to have, after 28 years, an after-tax price of a new car ($26,950), which means that you just break even! Hahaha! In essence, you invested a new car to get a new car, after waiting 28 years! Hahaha!"

«Troppa finanza uccide» - Fabio Tamburini, IlSole24ore, 11 luglio 2008
«Il pericolo vero», secondo Guido Rossi, «sono i credit default swap

Como: pensionato rapina una banca, Non arrivo a fine mese - The Instablog, 10 Luglio 2008
Con i 1000 euro della pensione non arriva a fine mese

Ex-Morgan Stanley employee pleads guilty in data theft - Dow jones Newswire, 10 July 2008
A former Morgan Stanley employee pleaded guilty Wednesday to stealing a list of hedge fund clients of the firm's prime brokerage business and the rates it charges

07/10/08 - Government Sanctioned Ponzi Schemes - by The Mogambo Guru
"The Implacable Screaming Mogambo (ISM) goes freaking berserk at the economic insanity of it all as he watches, horrified, as asset prices get bid higher and higher in a boiling frenzy of speculation with all of this new Federal Reserve money and credit, and which will end badly when the Ponzi game falls apart…"

BOURSES/MARCHÉS EUROPÉENS: en baisse dans le sillage des asiatiques - AWP/08 juillet 2008
Les Bourses européennes ont terminé en nette baisse mardi, dans le sillage de leurs homologues asiatiques, plombées par une étude de Lehman Brothers qui a ravivé les craintes de défaillances en cascade dans le système financier mondial

[Clearstream] AFFAIRE BACKES c. LUXEMBOURG - Cour européenne des droits de l'homme (deuxième section), 8 juillet 2008

[Clearstream] Opération Sarkozy : comment la CIA a placé un de ses agents à la présidence de la République française - Thierry Meyssan, jeudi 10 juillet 2008
Pour complèter son gouvernement, Nicolas Sarkozy nomme Christine Lagarde, ministre de l'Économie et des Finances. Elle a fait toute sa carrière aux États-Unis où elle a dirigé le prestigieux cabinet de juristes Baker & McKenzie. Au sein du Center for International & Strategic Studies de Dick Cheney, elle a co-présidé avec Zbigniew Brzezinski un groupe de travail qui a supervisé les privatisations en Pologne...

07/09/08 - To Hell in a Currency Basket - by The Mogambo Guru
"Some morons suggest that they should peg their currencies against a basket of other currencies! Hahaha! I may be drunk out of my Freaking Mogambo Mind (FMM) on some really cheap hooch, but even so, I am sure that this is a Particularly Bad Idea (PBI), as those other countries are pegging their currencies to the dollar, too!"

Effetti delle iniziative di Tremonti sulla scena internazionale - MoviSol, 8 luglio 2008
Il 6 luglio Tremonti ha ricevuto un formidabile sostegno dal Papa, che ha lanciato un appello ai capi di governo riuniti al G-8 "affinché al centro delle loro deliberazioni mettano i bisogni delle popolazioni più deboli e più povere, la cui vulnerabilità è oggi accresciuta a causa delle speculazioni e delle turbolenze finanziarie e dei loro effetti perversi sui prezzi degli alimenti e dell’energia"
Tremonti

[Tonti's Scheme] Insurance companies: IS THERE ONE MORE BUBBLE UNSEEN YET ? - by Striderius, 9 July 2008

Nel 1653 il banchiere Lorenzo Tonti presentò a Mazzarino un' idea per rimpinguare le casse dello Stato: le «tontine» - di Giovanni Vigo, Corriere della Sera, 5 aprile 2004

Signor Tonti's Tontine
"a scheme whereby those members of a group who survive or persist receive a future benefit at the expense of those who die or leave"

[Tonti's Scheme] What is a Tontine? - By Paraglider
It all began 1653, with a banker from Naples, Lorenzo de Tonti. While working in France, he invented an unusual investment scheme...

Similarities between 1929 and 2008 terrifying - Will Bagley, The Salt Lake Tribune, 07/05/2008
" As someone who recently wrestled with the causes and consequences of the Great Depression, I find the current economic shipwreck not merely spooky but downright terrifying."

G8 world leaders' lavish eight-course banquet at food crisis summit - By Bob Roberts, Mirror.co.uk,  8/07/2008
As millions starve, leaders tuck in to 18-dish banquet
g8
G8: un banchetto di 18 portate per parlare della fame nel (altro) mondo....

We're All Homeowners: Nationalization of Fannie, Freddie Unavoidable - by Aaron Task, Jul 08, 2008

HOW THE CIA LOOTS BANKS - RODNEY STICH DEPOSES GUNTHER RUSSBACHER - Posted By: Rayelan, 7 July 2008
It is my intent to clarify, once and for all, how the Intelligence Services of the United States of America, have used the savings and loan (Thrift Institutions) to fund their respective covert operations, both within the United States, and abroad. The scheme creating an unlimited money supply was devised after the inside knowledge of how the Federal Reserve operated became known to operatives and case officers

07/08/08 - Sleeping Through a Catastrophic Economy - by The Mogambo Guru
Perhaps I can rub a little salt in the wound by pointing out that the Lipper Mutual Fund Performance Averages and Fund Performance Indexes show that almost all category of financial asset that can be made into a mutual fund is down big-time since the beginning of the year, except gold (up 4.8%), natural resources and (bizarrely) Latin American funds. Even bonds are down, although it is hard getting any real idea of the loss. I think it's a plot by extra-terrestrial beings or, possibly, cannibals. Or bankers, who are both at once

TIPS flunk inflation test as fuel, food overtake CPI - By Sandra Hernandez, Bloomberg, July 7, 2008
Treasury Inflation-Protected Securities aren't living up to their name for bond investors who say they can't trust the way the U.S. government calculates the rising cost of consumer goods

U.S. Stocks Retreat, Led by Banks; Fannie, Freddie Shares Drop - By Eric Martin, Bloomberg, July 7, 2008

The Buck Doesn't Stop Here; It Just Keeps Falling - By Tom Raum, Associated Press via Yahoo News, July 6, 2008
Franklin Vargo, vice president of international economic affairs at the National Association of Manufacturers, welcomes the dollar slide, as do members of his organization. "We can see that, when the dollar's not overpriced, that people around the world want American goods and our exports are going gangbusters now," he said

Booz, Allen & Hamilton, the Army’s Accomplice in Southeast Colorado - By Deanna Spingola, 5 July 2008
By 2006, the company had a global staff of 18,000 in thirty countries on six continents from more than one hundred offices with annual revenues of $3.7 billion. Booz Allen has two divisions – commercial (based in New York) and government (based in McLean). More than 50 percent of Booz Allen’s business consists of U.S. government contracts worth hundreds of millions of dollars. They are a “key adviser and prime contractor to all of the major U.S. intelligence agencies – the Central Intelligence Agency (CIA), the Defense Intelligence Agency (DIA), the National Geospatial-Intelligence Agency (NGA), the National Reconnaissance Office (NRO), the National Security Agency (NSA), the ultra-secret agency and the world's leading espionage organization, – as well as the Department of Homeland Security (DHS), the National Counterterrorism Center, the Department of Defense and most of the Pentagon’s combatant commands.”

Commodity prices spark new crimewave - Stephen Womack, Mail on Sunday, 6 July 2008
Thieves are targeting everything from catalytic converters to copper piping

Gloomy times ahead for world economy - BY MARTIN KHOR, TheStar, July 7, 2008
It is the most complex and difficult economic crisis the world has seen in decades, and possibly since the Great Depression, according to a growing number of well-known analysts

Down and out in Las Vegas - The Independent, 5 July 2008
The good-time capital of the US has hit a losing streak. Guy Adams reports on an epidemic of bankruptcies, foreclosures and mass lay-offs

07/07/08 - A World Without Inflation - by The Mogambo Guru
"'If the inflation introduced in the United States is excluded, a small miracle is revealed, namely something approaching price stability.' Hahahaha! Let me get this straight: If you take out inflation from the rise in prices, then prices did not rise?"

Fed's Bullard Says Bank's Credibility on the Line - By Ros Krasny, Reuters, July 3, 2008
Fed official admits inflation figures are phony

Maledetto petrolio - Carlo Bertani , 30 giugno 2008
A conti fatti, la piccola roggia che alimenta la turbina – la si attraversa con un salto – porta ogni mese nelle casse pressappoco 1500 euro, senza far altro che lasciarla girare. Quante situazioni, potenzialmente simili, ci sono nel Bel Paese? Decine di migliaia? Centinaia di migliaia?

Il Presidente della Germania non firma la ratifica del Trattato di Lisbona - MoviSol, 1 luglio 2008
Helga Zepp-LaRouche commenta: “Per il momento la Germania resta uno Stato costituzionale”

Medvedev souhaite un nouvel ordre financier mondial - RIA Novosti, 03/ 07/ 2008

Cavalli, pomodori e debiti inesigibili - Nereo Villa, Varese News, 4 Luglio 2008

The Shape Of Things To Come: The Intelligent Woman's Guide To Good And Bad Inflation - By Dick Eastman, 7-5-8
If prices go up and if wages go up -- wage-prices-balanced inflation -- then purchasing power is not lost and people are as well off after the price increase as before. At the same time, if people have a tremendous debt burden owed to predatory finance capitalists -- i.e., obligations to pay back their loans at high rates of compound interest -- then they definitley benefit from inflation that reduces the burden of that debt upon them

DISASTER CAPITALISM: STATE OF EXTORTION - By Naomi Klein, The Nation, Jul. 3, 2008
It's been ten months since the publication of my book The Shock Doctrine: The Rise of Disaster Capitalism, in which I argue that today's preferred method of reshaping the world in the interest of multinational corporations is to systematically exploit the state of fear and disorientation that accompanies moments of great shock and crisis. With the globe being rocked by multiple shocks, this seems like a good time to see how and where the strategy is being applied

The Economy? Words Fail Me - By Dana Milbank, Washington Post, July 4, 2008
Sketch: Economic Anxiety Disorder

Saving the Nation, and the Banks, From the Parasites - by John Hoefle, Executive Intelligence Review, July 4, 2008
Today, the issue of who controls the credit of a nation is of critical importance, an issue which will play a major role in determining whether mankind descends into a new Dark Age, or recovers from the last four decades of financial insanity and resumes its transition out of the age of empires into the age of modern sovereign nation-states...  Kaletsky also raised the issue of punishing the directors of Citigroup and Bear Stearns, to which Soros, with his typical disdain for humanity, replied, “Why not shoot them?”

07/04/08 - The Biggest Loser of Purchasing Power - by The Mogambo Guru
"You will lose more in purchasing power (as central bank monetary inflation destroys the currency by printing enough to finance the higher stock prices) than you will ever net in gains…".

Scorched Earth Economy - By David Galland, The Casey Report, July 3, 2008
In terms of other investments, it’s worth noting that in the last major bull market for tangibles, back in the 1970s, oil was the best performing investment, followed by gold, U.S. coins, silver and stamps

Utah goes to 4-day workweek to save energy - CNNMoney.com, July 3, 2008
Starting next month, thousands of government employees will only work 4 days per week, in an effort aimed at reducing energy costs and commuters' gasoline expenses

07/03/08 - Banks are Suffering from their Own Stupidity - by The Mogambo Guru
"What makes this $691 billion loss so special is that 'such losses could jeopardize balance sheets because the US banking system had only $US 1,350 billion of equity capital'. Hahaha! They've lost two-thirds of the banks capital! Hahaha! Morons!"

Imminent Financial Crisis? - The August Review, 4 July 2008
Events are taking place in Europe that are very disturbing, but they are NOT being reported in the U.S. Namely, three major financial institutions appear to be pulling out of U.S. financial markets, expecting immediate financial meltdown. Just because they say it doesn't make it true, but when three independent players say essentially the same thing, you have to take notice

Sanders to Introduce Solar Roofing Act - By Matthew Rothschild, July 1, 2008
“There is a huge potential for increasing the quantity of electricity produced in the United States from distributed solar photovoltaics,” it says. “The use of photovoltaics on the roofs of 10 percent of existing buildings could meet 70 percent of peak electric demand.”

Top spy seriously ill in hospital - BBC News, 3 July 2008
Britain's top spy, Alex Allan, the chairman of the Joint Intelligence Committee, is unconscious and seriously ill in hospital. Mr Allan was a civil servant who worked mainly in the Treasury, before becoming principal private secretary to both John Major and Tony Blair when they were prime minister

62,000 jobs lost, off nearly half-million for year - By JEANNINE AVERSA, AP, July 4, 2008

Spain, Ireland `Thrown to Wolves' as ECB Clamps Down on Prices - By Ben Sills and Fergal O'Brien - Bloomberg, July 4, 2008
``Central banks are paid to cause a recession now and then,'' said Fortis Investments Chief Investment Officer William De Vijlder. ``Maybe it's a shock to put it like that, but that's reality.''

BCE: se si confermerà il tasso di sconto proposto dal Governatore, le ricadute per le famiglie saranno pesantissime - Federconsumatori, 3 Luglio 2008
I cravattari di Francoforte stringono il cappio

'COME RIMEDIARE AI DISASTRI PROVOCATI DALL'EURO?' - NewsBox, 03.07.2008
L'argomento sviscerato da Savino Frigiola, autore del volume 'Alta finanza e miseria-l'usurocrazia mondiale sulla pelle dei popoli'

[seigniorage buy a president] Obama's Money Class - By David Brooks, The New York Times, July 1, 2008
When you break it out by individual companies, you find that employees of Goldman Sachs gave more to Obama than workers of any other employer. The Goldman Sachs geniuses are followed by employees of the University of California, UBS, JPMorgan Chase, Citigroup, National Amusements, Lehman Brothers, Harvard, and Google. At many of these workplaces, Obama has a three- or four-to-one fund-raising advantage over McCain

FSA unveils new disclosure rules for CfD - Financial Times, 3 Jul 2008
The Financial Services Authority on Wednesday unveiled unexpectedly strict disclosure rules for investors secretively using contracts for difference to build stakes in companies

Paulson urges reforms to manage orderly failure of financial firms - Los Angeles Times, 3 Jul 2008
US Treasury Secretary Henry Paulson on Wednesday urged regulatory reforms that would allow financial firms to fail without endangering the overall systemic stability


07/02/08 - Vaguely Resembling Real Price Inflation - by The Mogambo Guru
"Mr. Samuelson is also admitting that he is completely ignorant of John Williams and his shadowstats.com, where inflation is calculated the way it was actually measured in 1974, and which shows that price inflation is now HIGHER than it was in 1974…"

Angry Consumers Flood Federal Reserve Board with Complaints - By Moe Bedard, LoanSafe, July 2nd, 2008
Apparently the Federal Reserve has been inundated with over 8,200 consumer complaints against various banking and lending institutions for credit card abuse and predatory lending. The Fed’s inbox has been full since it invited personal comments regarding a proposed new rule to end “Unfair or Deceptive Acts or Practices.” Sarah Byrnes said, Campaign Manager of Americans for Fairness in Lending (AFFIL)

Something Big is Going On - Ron Paul, July 2, 2008
I have days—growing more frequent all the time—when I’m convinced the time is now upon us that some Big Events are about to occur. These fast-approaching events will not go unnoticed. They will affect all of us. They will not be limited to just some areas of our country. The world economy and political system will share in the chaos about to be unleashed

Fugitive hedge-fund swindler surrenders in Mass. - By LARRY NEUMEISTER, Associated Press, Jul 2, 2008
Prosecutors said he and two other men scammed investors into putting $450 million into the funds by announcing nonexistent profits and providing fake audits, and made millions in commissions on trades that lost money for the investors

UK life costs 'at least £13,400'- BBC News, 2 July 2008
A single person in Britain needs to earn at least £13,400 a year for a minimum standard of living, the Joseph Rowntree Foundation (JRF) has argued

07/01/08 - More Bats and a Bigger Budget - by The Mogambo Guru
To show you what an unimaginative dork Mr. Paulson is (which is almost the same thing I have been saying for years), give The Mogambo "new, explicit powers to intervene in the workings of Wall Street firms, the Federal Reserve, Congress and the Supreme Court, and let me go stomping in there anytime I want, wielding a baseball bat in my Mighty Mogambo Fist OF Vengeance (MMFOV) and start imparting some monetary and Constitutional sense to those morons with (as the saying goes) a whack to remember it by, making them do anything I say, whether they like it or not! And extend my powers to total dominion over cheerleaders, too!"

AMERICA SEIZED WITH FEAR AND TREMBLING, AGAIN! - By Joan Veon, NewsWithViews.com, July 1, 2008
Today and with the handover of the remaining parts of our financial structure by Congress, there are no safety nets to protect us. In other words, the big powerful money lords who rule the world—people like George Soros, the Rockefellers, European royal families, and the most powerful banking families–will be able to operate with impunity while the average American will be rendered helpless

LaRouche at Rome Event: Thirty Years After The Moro Assassination - EIR, July 4, 2008
There's only one thing that can happen to stop this mess. A group of sovereign governments agree, "We're going to stop it." And that is when the people who Kissinger works for start killing. The very idea of increasing the sovereignty of a nation, is a threat to this sort of process





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


2008
GIUGNO 2008
MAGGIO 2008
APRILE 2008
MARZO 2008
FEBBRAIO 2008
GENNAIO 16-31 2008

GENNAIO 1-15 2008

2007
DICEMBRE 2007
NOVEMBRE 2007
OTTOBRE 16-31 2007
OTTOBRE 1-15 2007
STTEMBRE 16-30 2007
SETTEMBRE 1-15 2007
AGOSTO 2007
LUGLIO 2007
GIUGNO 2007
MAGGIO 2007
APRILE 2007
MARZO 2007
FEBBRAIO 2007
GENNAIO 2007

2006
DICEMBRE 2006
NOVEMBRE 2006
OTTOBRE 2006
SETTEMBRE 2006
AGOSTO 2006
LUGLIO 2006
GIUGNO 2006
APRILE-MAGGIO 2006
FEBBRAIO - MARZO 2006
DICEMBRE 2005 - GENNAIO 2006

2005
OTTOBRE-NOVEMBRE 2005
AGOSTO-SETTEMBRE 2005
APRILE-LUGLIO 2005



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."

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