Centro Studi
Monetari
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News Error in negotio: milioni di conti correnti illegali
in Italia?
"The legal doctrines aimed at justifying
fractional-reserve banking have been formulated ex post facto. They have not been based on preexisting
legal principles that have given rise to certain legal acts. On the
contrary, as we explained in the previous chapter, banking practices
have long infringed upon basic, universal legal principles and have
done so in response to specific circumstances which have conspired to
make these violations possible (human avarice; inadequate regulation;
governments’ financial needs; systematic intervention of the
authorities and confusion arising from the depositum confessatum, a product of the canonical ban on
interest). As is logical, the lack of a legal basis for such a
widespread practice soon prompted bankers and theorists alike to search
for a fitting legal justification. Moreover, this urge was reinforced
by the fact that, on almost
all occasions, the government or public authorities ended up being the
main beneficiary of fraudulent banking practices. Therefore it
is not surprising, given the traditional symbiosis between political
authorities and the intelligentsia, that the latter was driven by the
former to search for legal grounds to support the practices it
permitted and encouraged."Appuntamenti Attualità non-solo-SCEC - CSM - Altre news Petizioni Riassunto del sistema
- February 27
– March 1, 2009: Eighth Congress of the U.S. Basic Income Guarantee
Network, Sheraton New York Hotel, 811 Seventh Avenue at 53rd Street.,
New York, NY - CALL FOR PAPERS AND PRESENTATIONS . JANUARY 17, 2009: A National Fightback Conference
- Bail Out the People Movement THE OPEN MONEY MANIFEST 開 かれた通貨宣言 Manifesto “Dinero Abierto” Manifeste des Monnaies Libres Call for the building of a European Network for Public Money Attualità di dicembre 2008  Non-solo-SCEC
Promoting
flexicurity by
implementing local currency (video)What THEY are doing with bailout money? "This has not been reported widely but I have a number of indications that this money is going directly into the hands of the financial elite who are using it to purchase estates in relatively remote areas like Vermont and stocking them with survival food, generators, fuel, etc. Their intent, obviously, is to attempt to ride out the coming collapse and chaos in manor homes reminiscent of medieval conditions during the Dark Ages after the collapse of the Roman Empire. I have seen some of these places and heard reports about them. Don't dismiss this as idle speculation. The military will be expected to keep the commoners under control...." (as reported by an insider) Euro, addio. A Lentate compie i primi passi il progetto Scec - Carlo Alberto Aceti, L'esagono. dicembre 2008 Solidarietà o Sconto che cammina: monete locali emesse direttamente da privati cittadini per contrastare la crisi economica e rilanciare il mercato. Primo lentatese ad aderire all'iniziativa è stato Emanuele Vazzari, trasportatore. “Al momento però – dice Vazzari – nella zona credo di essere l'unico, ma promuoverò una campagna d'informazione e sensibilizzazione”. Sabato 13 dicembre, 20 imprenditori e commercianti hanno lanciato ufficialmente, da Milano, il progetto Scec: una moneta complementare all'euro emessa non più dalle banche centrali, ma dall'associazione onlus Arcipelago scec. Da più di un anno, Arcipelago è attivo in diverse Regioni italiane. Lo scec è una specie di biglietto, una seconda moneta, con cui un socio di Arcipelago può pagarne un altro, fino al 20% del costo del servizio. Secondo i sostenitori, anche i Comuni potrebbero beneficiarne, per sopperire ai mancati trasferimenti statali, come l'Ici. “Un sindaco – dice l'avvocato Marco della Luna, sostenitore del progetto – può aderire al progetto consorziando a sé commercianti, imprese, agricoltori che sottoscrivano un patto di accettazione”. Tuttavia, al momento, nel lentatese, non sembra che il progetto abbia attecchito o convinto le Amministrazioni locali: alcuni non lo conoscono a fondo, altri sono attendisti. Tra i primi, l'assessore al Bilancio di Cogliate, Maurizio Basilico, che non si pronuncia. Tra i secondi, invece, il sindaco di Ceriano, Antonella Ferrario. “E' una possibilità da approfondire”,dice Ferrario. D'altro canto, gli economisti ufficiali considerano lo scec un baratto o un ritorno al passato. Però, gli ideatori dello scec, forti delle loro convinzioni e conoscenze politiche ed economiche, non sembrano dell'idea di mollare: prima cosa, trovare il sostegno della Brianza e dei piccoli e medi artigiani.  Antonella Ferrario, Sindaco di Ceriano Natale Usa, torna il baratto. E da noi? - di Paolo Pontoniere, l'Espresso, 26 novembre 2008 Dopo il crollo di Wall Street ha ripreso quota lo scambio. Con 400 network a cui aderiscono famiglie ma anche commercianti. Racconta la tua esperienza Venezuela's alternative currencies: Tokens of utopia - From The Economist print edition, Dec 18th 2008 “It’s magic,” says Pablo Mayayo, an Argentine who is advising Venezuelans on these schemes. “When you take away money, which is the cause of almost all the great evils in the world, people relate to each other in a different way, by co-operating, not competing.” PRINT & DISTRIBUTE MONEY in 2009! - By Eric V. Encina, Dec 20, 2008 Encina speaks the truth! It is a crime that Obama and his gang want to "stimulate" the economy with 800 billion US dollars that will be borrowed from the very international banking criminals who destroyed our economy. It is also criminal that he wants to give the money to big corporations like Haliburten to do public works, rather than giving the money to the public so the "stimulus" will originate as household demand, commanding the new production of goods that households need the most. Obama represents no change at all SCEC: la banca degli onesti (video, 17 min.) - 17 dicembre 2008 "Scetàteve da chest'anestesìa..." Incontro: "MONETA COMPLEMENTARE rimedio alla crisi" - Associazione Radicale SFD, via Borsieri 12, MILANO, (MM2 Verde stazione Garibaldi), Martedi' 16 DIC 2008 Ore 18 Alternative Currencies Grow in Popularity - Judith D. Schwartz, TIME, Dec. 14, 2008  Beneath the financial radar, in hip U.S. towns or South African townships, in shops, markets, and even banks, throughout the world people are exchanging goods and services via thousands of currency types that look nothing like official tender E-LibertyDollar: Welcome to the NEW Digital Liberty Dollar Protect your purchasing power, Profit from inflation and pay your bills with The new inflation proof currency! Liberty Dollar is 100% backed & 100% redeemable in actual silver. It is a private voluntary barter currency that does not violate Section 486 as it is not intended to be used as "Legal Tender", "Current Money" or "Coin". In 1976, Dr. Friedrich Von Hayek re-opened the academic world's eyes to the concept of private, competitive currency and predicted the demise of the monopoly on money ORMITA Commerce Network  Milwaukee neighborhoods could print own money - By Erika Slife, Chicago Tribune, December 3, 2008 2 neighborhoods consider printing own currency for exclusive use in local stores Usa, Milwaukee, monete locali contro la crisi - Ennio Caretto, Corriere della Sera, 6 dicembre 2008 L’iniziativa, rivelata dal quotidiano Chicago tribune, è appoggiata dai fautori del "localismo”, un movimento economico in rapida crescita, a cui giudizio i costi della maggioranza dei prodotti sono maggiorati inutilmente dai trasporti, che contribuiscono tra l’altro ad aumentare l’inquinamento (Nell'articolo sul Chicago Tribune c'era scritto però: And it's completely legal. Chissà perché, invece, la traduzione del Corriere della Serva risulta storpiata...Addirittura Sura Faraj, che è una donna, nella versione italiana diventa un lui...) La moneta unica latino-americana vede l'Alba - di Paolo Menchi, www.clarissa.it, 5/12/08 Il nome della nuova valuta sarà SUCRE (sistema unitario de compensación regional) e dovrebbe diventare operativa già dal 2009, secondo quanto dichiarato dal presidente venezuelano Chavez Meetup Napoli: La Napoli che vogliamo (video) - 30-11-08 Monete complementari dannose? - Pierluigi Paoletti, 05/12/2008 Militari nei capoluoghi di provincia, messaggi nemmeno tanto velati di possibili default dello stato - nel 2009 si rinnoveranno ben 314 miliardi di euro di obbligazioni - preludono ad una manovra a tenaglia che porterà l’Italia alla mercè degli avvoltoi che non aspettano altro che finire il lavoro iniziato con il “colpo di stato silenzioso” del 1992. Senza contare che le società di gestione dei servizi come acqua, luce, gas, case popolari, hanno iniziato un’offensiva per il recupero delle pendenze, anche di pochi euro, con azioni legali e società di recupero credito, tagliando le forniture a chi non paga... Servizio di èTv sullo Scec (video) - 1 dicembre 2008 "You can issue sound money to express the will of the people, which amounts to saying you can issue it against services wanted. You cannot issue sound money against land, or against anything undeliverable. You cannot issue sound money save against something wanted. The soundness of money is not limited to being state money. Countless examples of valid private and valid local money exist: Scovil metal dollar, 1842; Lockport Mills*, 1851; my grandfather’s money against ‘lumber or merchandise”; Larkin & Co. “merchandise bonds” issued before the recent American bank holiday. States fail or fall into hands of ignorant men or of scoundrels. The banks have tried to throttle communities over which they have bloody and armed power of militia or police armed with machine guns, fore-hoses and gas-bombs; sane men and free merchants have issued their own paper or metal implements of exchange and accountancy, and will do so wherever the light of reason penetrates or the spirit of manhood co-exists with a minimum of necessary knowledge." - Ezra Pound, Social Credit: An Impact - 1935 Razionale per l'emissione di Danée a Milano: [Come Milano divenne Capitale della Repubblica Lombarda] "In 1240 the Milanese, whose trade had been interrupted by the war, and had not yet resumed its accustomed flow, made an issue of paper notes, which Arthur Young has termed the origin of all paper money that has since passed in Europe. These paper notes appear to have been employed, until the resumption of its trade with Germany enabled the city to retire them, and substitute silver coins in their place. During the period of the Milanese paper currency, the commerce of the city recovered so rapidly, and the receipts of bullion from Germany became so great, that, in 1260, Milan, now the capital of the Lombardian republic, found it necessary, in order to comply with the requirements of its merchants, to put more than a hundred mints in operation." - Alexander Del Mar, Money and Civilization, 1886 (Nello stesso periodo, nacque il catasto di Milano. Oggi nelle grandi città si sopperisce surrettiziamente alla mancanza di circolante attraverso l'incremento della velocità di circolazione derivante dall'accattonaggio, dai traffici di droga, dalla prostituzione, dalla microcriminalità e dalle multe e sanzioni...) PATTO FORMATIVO PER IL RILANCIO DEI SETTORI DELL'AGROALIMENTARE DELL' AGRINDUSTRIA E DELL’AGROFORESTALE NELLA PROVINCIA DI CROTONE ATTRAVERSO L’ USO DEI BUONI LOCALI DELLA SOLIDARIETA' CHE CAMMINA - SCEC" CSM NEWS (Stiamo attraversando la fase cravattara della scarsità artificialmente indotta di circolazione di moneta e credito...)  [signoraggio] Perchè
non riuscite a ribellarvi più a nulla: la
"Sindrome di Stanford" - L'espresso blog, 30/12/08Università di Stanford (California), Agosto 1971: lo psicologo Philip Zimbardo recluta con un annuncio su un giornale e seleziona 24 studenti " sani, intelligenti, benestanti ed appartenenti alla classe media, psicologicamente normali e senza nessun precedente violento" a prendere parte a uno studio psicologico sulle dinamiche interpersonali insorgenti nell' ambito della vita in carcere...  Interview with Dr. Vandana Shiva: Globalization and Poverty - by Dr. Garry Null, Global Research, December 30, 2008 The free market globalized economy is an allopoetic system. It's externally organized. Sovereign local economies are autopoetic systems. Gandhi called this an economy of place, the ability to be creative and to produce for yourself and to meet your own needs. Self-organization is also the highest form of democracy. Democracy is not just going and voting. Genuine democracy is the ability to self-organize to make real decisions about how we are to live: to be able to shape our food system and our education. That means taking power back. That power will not be handed over to us by those who have taken it away. It will have to be shaped by our everyday actions. We will have to reclaim that deep democracy and that's our autopoetic system [Banche Pulite] Crisis: The fallen giants of finance - FINANCIAL TIMES, December 24 2008 The search for scapegoats in the worst financial crisis since the Great Depression is under way. As one financial group after another has collapsed, wiping out thousands of billions worth of value for investors, a plethora of investigations by prosecutors and regulators has been launched Inside the Banking Crisis, Too Big to Fail, and CAMELS - by Britney MayCom All exam materials are highly confidential, including the CAMELS. A bank's CAMELS rating is directly known only by the bank's senior management and the appropriate supervisory staff. CAMELS ratings are never released by supervisory agencies, even on a lagged basis. While exam results are confidential, the public may infer such supervisory information on bank conditions based on subsequent bank actions or specific disclosures. Overall, the private supervisory information gathered during a bank exam is not disclosed to the public by supervisors, although studies show that it does filter into the financial markets The World Economic Crisis: A Marxist Analysis - A lecture by Nick Beams, WSWS, 19-24 December 2008 [Part 1] [Part 2] [Part 3] [Part 4] [Part 5] The escalating antagonisms between the major capitalist powers are the result not of intellectual deficiencies, or an incorrect political program, or an inability to see the dangers ahead. They arise from contradictions within the capitalist order itself—contradictions that will intensify as the global slump deepens and which, at a certain point, will become the basis for political and military conflicts Euroclear cache ses liens avec Madoff - 24 décembre 2008 L'auteur de la plus grande fraude de l’histoire avait un compte chez Euroclear, la discrète chambre de compensation internationale basée à Bruxelles (mais aussi un chez Clearstream: le compte U0646 ouvert en Clearstream le 02/11/1999 à New York, USA. Swift : number MADLGB21) Ci sarà un giudice a Berlino? - Ugo Gaudenzi, Rinascita, 20 Dicembre 2008 Una sentenza di condanna del 16 dicembre, emessa dal giudice Antonella Izzo del Tribunale civile di Roma contro il direttore di Rinascita per "diffamazione"" di Mario Draghi, conferma il filo rosso visibilissimo che collega gli interessi dei banchieri privati ad una certa parte della magistratura. Non a caso i vari magistrati ricevono la busta paga dalla "tesoreria dello stato" gestita dal 1907 da... Bankitalia. Non a caso, il cerchio si chiude. (tecnicamente, i giudici dovrebbero autosqualificarsi nelle cause che coinvolgono Bankitalia per "patetico conflitto d'interessi")  ALMENO 400 MILIARDI DI EURO RUBATI ANNUALMENTE ALL'ERARIO Dark secret of new EU president Vaclav Klaus - Robert Eringer, Cryptome, December 20, 2008 The European Union will have a new president in 12 days: "Vodichka.". In December 1997 Mr. Klaus was forced to resign as prime minister due to complicity in a political funding and corruption scandal stemming from a secret Swiss bank account in his name containing $5 million -- exposed at the time as secret donations in exchange for special favors. Guess it? Mr. Klaus come from an early career at Czechoslovak State Bank  As tourist site, NY Fed is worth its weight in gold - By John Horn, Los Angeles Times, December 24, 2008 The bank's top historical exhibits are interactive. The best is called "Match Wits With Ben" (as in Franklin), a computer game in which your knowledge of monetary policy is measured against a clock. There are only seven questions, but you will likely miss about half of them unless you dream of stock tables in your sleep. Sample: What organization did the United States create in 1865 to suppress counterfeiters? Answer: the Secret Service (and up to now, they were never able to understand what fractional reserve was all about...) The Neglected Costs of the Warfare State: An Austrian Tribute to Seymour Melman - Thomas E. Woods, Jr., Ludwig von Mises Institute The military state, far from yielding economic benefits, carries the substantial opportunity cost of all the consumer and capital goods that never came into existence because the necessary resources were diverted to military production. Foregone production of capital goods, in turn, translates into less production in the future in perpetuity. The military state, since it possesses the privilege of taxation, can summon a fantastic level of resources – which, in turn, make it possible for government to attract a significant percentage, often even a majority, of the nation’s scientific talent to military-related work. Fewer scientists are available for commercial research, and thus fewer advances are made in areas that might improve civilian well-being, and domestic productivity is reduced by the crowding out of private-sector research and development Georg Friedrich Knapp, The State Theory of Money, 1924 The Federal Reserve Abolition Act - By Stephen Lendman, rense.com, 12-24-8 The bill provides for management of employees, assets and liabilities of the Board during a dissolution period. The right to create and control money belongs to the people. For the past 95 years, powerful bankers accountable to no one have had it. They effectively run the country (and own it), and unless We the People change things, we'll continue to be victimized by economic tyranny and the eventual political kind that's coming Monetazione della Guerra Sociale (91 - 87 a.C.) Gli alleati italici, nonostante che fin dalle guerre contro Pirro e contro Cartagine avevano condiviso con Roma le sofferenze e le privazioni derivanti dalle continue campagne militari, non avevano ricevuto quei benefici di cui aveva goduto la classe dirigente romana, in quanto posti in una situazione sociale inferiore...Scoppiarono tumulti e la folla inferocita massacrò il commissario assieme a tutto il seguito e tutti i romani presenti nella città. Era l’autunno del 91 a.C. La rivolta, scoppiata in modo casuale, si diffuse rapidamente: anche le altre popolazioni italiche si ribellarono e si accanirono contro i vari commissari e le colonie romane sparse nel territorio. Shelling Out -- The Origins of Money - New theories on the origins and nature of money - by Nick Szabo, 2005 Native American money took many forms besides shells. Furs, teeth, and a variety of other objects (an intriguing question would be: Why we never find a Native American as president of the United States?)  The Power Elite Playbook, Controlled Conflict and Staged Incompetence - By Deanna Spingola, 22 December 2008 In October 1944, a Navy and Army Court deliberated possible foreknowledge and culpability surrounding the Pearl Harbor attack. Between November 27 and December 6, 1941, officials in the State, War and Navy Departments had received numerous pieces of information giving specific information about the imminent Japanese attack. The courts found Washington guilty of not acting on information that caused the avoidable slaughter of over 2400 individuals. When the verdict was revealed, Army Chief of Staff General George C. Marshall, guilty as charged, offered his resignation which of course was rejected by the powers that be. The verdict apparently was overshadowed by other newsworthy issues. Marshall asserted, under oath, that he considered loyalty to his chief (under the direction of the international bankers) more imperative than loyalty to his country Saving the Chinese Economy from the Global Financial Crisis - By Henry C.K. Liu, December 21, 2008 The proposed CRCE should have full authority to formulate and implement a national economic recovery program with appropriate and adequate credit creation power to finance an urgently needed recovery to provide full employment at high wages. Equally importantly, CRCE must have full government authority to commit unconditionally to the timely repayment and retirement of this temporary debt created by sovereign credit (in Italy we know nothing about "sovereign credit" or "sovereign monetary power". Italy does not have to accept the fate of financial crisis made in the US, if Italian policymakers have the courage to think independently and to boldly experiment with new approaches. To eliminate poverty, Italy must first eliminate a poverty of creative ideas among its policymaking circles overwhelmed by wholesale acceptance of voodoo neoliberal market fundamentalism propaganda) La Comune che diresse Parigi dal 18 marzo al 28 maggio 1871 La Banca Nazionale di Francia, con sede a Parigi e che conservava miliardi di franchi, venne lasciata intatta e non sorvegliata dai Comunardi. Essi chiesero timidamente di avere dei prestiti dalla banca (che vennero loro concessi senza esitazioni). I Comunardi scelsero di non impossessarsi dei beni della banca perché temevano che il mondo li avrebbe condannati se lo avessero fatto. Queste grandi quantità di denaro vennero trasferite da Parigi a Versailles e finanziarono l'esercito che schiacciò la Comune. (un ingenuo errore che non converrà ripetere) Fiscal Insanity Virus Rapidly Spreading The Globe (Part 1) - Mish, GET Analysis, December 22, 2008 Scientists in 33 countries studying the disease have uncovered similar patterns in the DNA of every victim. To date, every person afflicted with FIV has been found to have one of two distinct Marker Chromosomes now identified as the K-Marker (Keynesian-Marker), or the M-Marker (Monetarist-Marker). No one with the recently discovered A-Marker (Austrian-Marker) has yet to contract FIV The Madoff Double Bluff - By Paul (aka - Muhammad Rafeeq), rense, 12-19-8 [Top Secret] Radiobiology/Political Economy/Fiscal policies in the US: A document will be classified and marked “Confidential” when the information it contains is of such nature that its disclosure, although not endangering our national security, might be prejudicial to the interests or prestige of the Nation, an individual, or any governmental activity, or be of advantage to a foreign nation. (Classification, 1936; emphasis added) INTELLIGENCE BRIEFING FOR MILITARY AND POLICE FORCES - By Greg Evensen, NewsWithViews.com, December 20, 2008 Only corrupted officials need constant machine gun bearing black-clad killers in their employment. Conversely, free, honest, government works shoulder to shoulder with its citizens in an open concept where common sense and common integrity rules GROUND ZERO ON WALL STREET: FED FUNDS AND T-BILLS HIT 0% INTEREST - Ellen Brown, December 19th, 2008 The biggest “trade secret” of the banking business is that banks create the money they lend out of thin air. “The process by which banks create money is so simple,” wrote economist John Kenneth Galbraith, “that the mind is repelled.” Banks simply write “credit” into an account in exchange for the borrower’s promise to repay.When you understand this sleight of hand, the way out of the government’s debt trap appears equally simple: Congress could just nationalize the Federal Reserve and print Federal Reserve Notes itself. This government-issued money could then be either spent or lent into the economy to get the wheels of production rolling again. “I am more concerned with the return of my money than the return on my money.” – Mark Twain - Carta di Sant'Agata dei Goti - Dichiarazione su usura e debito internazionale - A cura della Fondazione Sant'Alfonso Vescovo, dal sito dell'Unione Giuristi Cattolici Italiani  Adeodato Ressi, Dell'economia della specie umana, 1817-1820 (1° Vol) (2° Vol) (3° Vol) (4° Vol) Adeodato Ressi (Cervia, 4 settembre 1768 – Venezia, 18 gennaio 1822) è stato un economista e patriota italiano. Di famiglia nobile e agiata, dopo aver conseguito la laurea in giurisprudenza a Pavia, venne eletto deputato della Repubblica Cisalpina. Dal 1800 gli fu affidata la cattedra di economia pubblica all'università di Pavia, dove continuò la docenza anche dopo la prima restaurazione e fino alla soppressione della cattedra, nel 1818. Animato da sentimenti nazionali e da aspirazioni liberali, fu un attivo collaboratore del periodico milanese Il Conciliatore, confrontando su quelle pagine le proprie teorie economiche con quelle di Luigi Porro-Lambertenghi. Con l'accusa di aver partecipato alle cospirazioni animate dal suo conterraneo Piero Maroncelli, nel 1821 venne arrestato e processato a Venezia. Con la sentenza del 6 dicembre 1821, congiuntamente a Silvio Pellico ed altri, Adeodato Ressi fu condannato al carcere duro a vita, per carbonarismo. Associato al carcere di S. Michele in Murano, vi morì il 18 gennaio 1822, pochi giorni prima che giungesse il disposto di riduzione della pena a sei anni. La sua opera più importante è considerata Dell'economia della specie umana, un trattato di economia storica, in quattro tomi, ispirato ai principi liberisti. L'opera, stampata postuma, venne immediatamente messa all'indice. South African Competition Commission: unredacted final Report on Banking - Wikileaks, 12 Dec 2008 Decrypted, unredacted 590 page report on the South African banking industry Antoin "Tony" Rezko USD 3.5M transfer from UK-Iraqi billionaire Nadhmi Auchi and other exhibits - Wikileaks, December 18, 2008 "Tony" Rezko was convicted of multiple fraud and corruption related charges on June 4, 2008. Most of the exhibits concern General Mediterranean Holding SA (GMH SA), Fintrade Services and other companies based in Luxembourg, Chicago and Lebanon, primarily owned or controlled by Nadhmi Auchi. The exhibits revolve around several frauds and more than than a billion dollars of real estate development (Herritage, Riverside et al) around Chicago, controlled by Auchi and Rezko The Great Banking Deception - by Tom Schauf Banks loan nothing but pens to sign notes, do you think they would risk all they have stolen ? While the below pathology, does manage to capture the finer points of how the scam works in general, it is only a brief look into this dark world of fraud and illusion Containing Financial Crisis - Mark Jickling, CRS Report for Congress, November 24, 2008 There is no precise definition of “financial crisis,” but a common view is that disruptions in financial markets rise to the level of a crisis when the flow of credit to households and businesses is constrained and the real economy of goods and services is adversely affected. Since mid-2007, governments have tried with limited success to keep the downturn in U.S. subprime housing from developing into such a crisis Churchill's Secret Army Lived On - By Sanchia Berg, BBC News, 13 December 2008 Files released this autumn at the National Archives in Kew [England] include one dossier showing how the Special Operations Executive - Churchill's "secret army" - was not disbanded at the end of the Second World War. SOE operatives were trained in all aspects of clandestine operations. They organised sabotage, guerrilla actions, black propaganda operations and financial warfare THE ROCKEFELLER PLAN - By Dennis L. Cuddy, NewsWithViews.com, December 15, 2008 On July 26, 1950 Gen. William Donovan (former head of the O.S.S.) as chairman of the American Committee for a United Europe (ACUE) wrote a memo on how to promote a European Parliament. By 1958, the Federalist European Movement received over 53% of its funds from the ACUE, which itself was funded by the Rockefeller Foundation and others. The globalist Bilderbergers held their first meeting in May 1954, and have also been funded by the Rockefeller Foundation I prossimi stadi della crisi: la rivolta di massa contro la fraudolenza dei crediti delle banche e contro la magistratura, che usa i suoi poteri per “legittimarli” e difenderle da decenni - Alfonso Luigi Marra, 9 dicembre 2008 Bailout For The People: "The Cook Plan" - Prepared for the U.S. Basic Income Guarantee Network Annual Conference New York, N.Y., February 27-March 1, 2009, by Richard C. Cook12-15-8 This system is not free enterprise, and it is not capitalism. It is a cancer that is destroying the world. Isn't it Finally Time to Enact a Basic Income Guarantee?  IG Farben story through US Senate hearings - submitted by the War Department, December 1945 Analisi: “O la Banca o la Vita” - Gianmario Monaldo, Rinascita, 12 Dicembre 2008 The Leaky Ship of Human Terrain Systems - By David Price, Counterpunch, December 12, 2008 First Read of a Leaked Handbook Real-world economics review (Formerly the post-autistic economics review) - Issue no. 48, 6 December 2008 The Power Elite Playbook, Establishing Precedents - By Deanna Spingola, 10 December 2008 On July 28, 1932, MacArthur revealed his loyalties to the government’s upper management when his men, along with six battle tanks, fixed bayonets and poisonous Adamsite gas (developed by Roger Adams for use in WWI), marched on and fired upon the Bonus Army, a desperate group of World War I veterans and their families (43,000 individuals) who had set up temporary housing which the troops burned. They had been attempting to collect the bonus promised to veterans by the government (which delayed these payments until 1944). Hundreds of veterans were injured and several were killed by MacArthur's troops The adventure of the Anarchist Banker: reductio ad absurdum of a neo-liberal, K. DAVID, YALE UNIVERSITY, Sep 22, 2006 Fernando Pessoa, O Banqueiro Anarquista, Revista "Contemporânea", N.o 1, Mai. 1922, pp. 5-21  Il banchiere racconta, lentamente, che l’unica via per ribellarsi a tutto questo è spezzare le proprie catene. Gli anarchici mistici lavorando insieme, influenzandosi gli uni con gli altri creano fra di loro una nuova tirannia. E qui Pessoa interviene: “E tu? Con i tuoi monopoli?”. “No, amico mio; io ho creato solo libertà. Ho liberato una persona. Ho liberato me. Il mio metodo, che è, come le ho provato, l’unico veramente anarchico, non mi ha permesso di liberarne di più. Quelli che ho potuto liberare, li ho liberati”. De la révolution en fiction: Le banquier anarchiste de Fernando Pessoa - Frédéric Rondeau, Université McGill, Tangence, Numéro 76, Automne 2004 Release of 'Red Book' a Move Toward SEC Transparency - Harold K. Gordon and Tracy V. Schaffer, Special to Law.com, December 11, 2008 Jack London book: The Iron Heel In 1908 Jack London wrote a book about America under a plutocracy bent on total economic domination and about the revolution fought against it by populists as socialists and progressives who stand by and watches the populists be slaughtered. The book ends with the triumph of the oligarchy. The book is depressingly on target and should considered "the great American novel" -- a great book to for older home school students to introduce the issues of todays world without crushing them with the reality of the real Iron Heel grinding us today The Whole World in Debt (GOLD) Chains - Major C. H. Douglas in "Manchester Despatch" (1920s) The machines are capable of making the goods, but the unemployed lack the money to buy. Our situation should be one of freedom and leisure, but is disguised as one of 'economic catastrophe'. Not only do we require a radical modification in the credit and financial system, but this modification requires for its operation a type of mentality which is capable of distinguishing facts from figures. If our civilisation can provide both this change of system and the personnel to operate it, we can pass within a short period of time into, at any rate, an economic millennium Transparency in the Creation of Wealth Act of 2008 - 110th CONGRESS, 2d Session, H. R. 7260, October 3, 2008 Mr. KUCINICH introduced the following bill; which was referred to the Committee on Financial Services Maurice Allais, La crise mondiale d’aujourd’hui, 1998 Plaintiffs Win Key Rulings in Two Huge Subprime Class Actions - Alison Frankel, The American Lawyer, December 8, 2008 It looks like Gibson Dunn & Crutcher is going to have to revise its report on early trends in subprime fraud litigation. Two crucial rulings that came at the end of last week -- denying motions to dismiss class actions against onetime mortgage giants Countrywide and New Century -- show that the plaintiffs bar isn't giving up and going away. In fact, you could say that the plaintiffs in Countrywide and New Century right now have the bases loaded with no outs Obama and the World Crisis: Western Drive towards World Domination - by Richard C. Cook, Global Research, December 7, 2008 MIS-DEFINITION OF CREDIT A ROOT CAUSE OF THE CRISIS: What this really means is that the financial controllers are robbing the world of the peace and prosperity that could be in reach through economic democracy and the fair distribution of resources. It would not be that difficult for us to engage in mindful cultivation of the Earth’s bounty in order to provide a decent living for all. The banking system and the military machine work hand-in-hand, because the financial system is so unbalanced and exploitative that it can only be maintained through brutal force, both within and among nations. Valentine Byler vs. the IRS: "Pay Unto Caesar - The Amish & Social Security" "We believe in a supreme being and also the constitution of the USA, and we feel the Social Security Act and Old Age Survivors Insurance [OASI] is abridging and infringing to our religious freedom. We believe in giving alms in the church according to Christ’s teaching" „Kraft durch Freude“ ("Strength through Joy" in the Third Reich) - Dr Fritz Stenzel, Nation & Europe, 58. year, Magazine11/12, November/December 2008 Tourism and cultural “events” for a broad public are common place nowadays. In the first third of the 20th century these things were not so. Workers and low-paid employees did not have the means for a lengthy holiday nor the finances for frequent visits to concerts, or least of all, an ocean-cruise. People were fully occupied to secure their daily existence. First World War 1, then mass un-employment and economic distress left little room for such diversions outside their narrow circle. There certainly was no such thing as a “leisure-industry”... Discorso al Pantheon - di Guglielmo Maria Lolli Ghetti, Roma, 30 novembre 2008 Odon Por, Guilds and co-operatives in Italy (1923) The movement whose ideals and achievements are explained in this book has excited enthusiasm among many social reformers DoD Counterthreat Finance (CTF) Policy - Directive-Type memorandum (DTM) 08-034, December 2, 2008 The Department of Defense shall work with other U.S. Government departments and agencies, and with partner nations to disrupt and degrade adversaries' ability to negatively affect U.S. interests Red Alert: Gold Backwardation!!! - Antal E. Fekete, GoldSeek.com, 5 December 2008 December 2, 2008, was a landmark in the saga of the collapsing international monetary system, yet it did not deserve to be reported in the press: gold went to backwardation for the first time ever in history. Futures markets in gold are breaking down. Paper gold is progressively being discredited ISOCRATE, DISCOURS TRAPÉZITIQUE - Τραπεζιτικός - 393 A.C. La plus difficile de toutes les situations est celle où l'on rencontre de pareils adversaires Et en effet, les transactions avec les banquiers ayant lieu sans témoins, les victimes de l'injustice sont obligées de lutter contre des hommes qui ont de nombreux amis, qui manient de grandes sommes d'argent, et qui sont considérés, à cause de leur profession même, comme dignes de la confiance publique. Quoi qu'il en soit, j'ai l'espoir de rendre évident pour tout le monde que j'ai été dépouillé par Pasion Cost-Benefit Analysis - By Frank Ackerman and Lisa Heinzerling, Center for Progressive Reform, December 03, 2008 This essay offers several criticisms of cost-benefit analysis, which is the main technique for making decisions in industrial societies. (Risk assessment is one form of cost-benefit analysis.) However, the essay does not raise the most important criticism: cost-benefit analysis fails to consider cumulative costs, which are wrecking the planet as a place suitable for human habitation The enemy within US: The Money Factory Eyeball - Cryptome, November 29, 2008 An Introduction to the Economic Nature of the United States - Ezra Pound, 1950 Story of the Gold Conspiracy - As Told at The Memphis Convention by the Hon. Alexander Del Mar, Delegate from California, June 13, 1895 German Weimar Republic in the early 1920s and the U.S. - Troubling similarities - NowAndFutures.com Murray Rothbard, The Case Against the Fed, The Ludwig von Mises Institute, 1994 Once our banker begins his career of crime, there are several things he has to worry about. In the first place, he must worry that if he is caught out, he might go to jail and endure heavy fines as an embezzler. It becomes important for him to hire legal counsel, economists, and financial writers to convince the courts and the public that his fractional-reserve actions are certainly not fraud and embezzlement, that they are merely legitimate entrepreneurial actions and voluntary contracts. And that therefore if someone should present a receipt promising redemption in gold or cash on demand, and if the banker cannot pay, that this is merely an unfortunate entrepreneurial failure rather than the uncovering of a criminal act. To get away with this line of argument, he has to convince the authorities that his deposit liabilities are not a bailment, like a warehouse, but merely a good-faith debt. If the banker can convince people of this trickery, then he has greatly widened the temptation and the opportunity he enjoys, for practicing fractional-reserve embezzlement Altre News dal cleptocòmio, dicembre 2008 [la merce rimane sugli scaffali perché siamo troppo stupidi per distribuire il potere d'acquisto e dividercela? Non riusciamo ad acquistare quello che noi stessi produciamo? Guardiamo ipnotizzati la merce andare a male perché qualcuno bara nella distribuzione monetaria? A che serve allora un governo? Toc, toc, c'è nessuno?]  Madoff: So where's the money, Bernie? - The Independent, 31 December 2008 The world's biggest conman will today disclose how much is left of the $50bn he took from wealthy investors. Stephen Foley reports on the gilded victims of Bernard Madoff. When Barron's magazine asked how Madoff made its returns, Madoff said: "It's a proprietary strategy. I can't go into it in great detail." (to find the money you just have to look into the Madoff accounts held in the international clearing houses) The Shadow Money Lenders: The Real Significance of The Fed’s Zero-Interest-Rate Policy (ZIRP) - by Matthias Chang, Global Research, December 26, 2008 The Battle To Save The Fiat Money System Has Begun. Since the Summer of 2007, we have witnessed a concerted effort by the world’s central banks and global commercial and investment banks to preserve the shadow money-lenders’ financial power, one that is founded on fraud and structured in every detail as in the infamous Ponzi scheme 12/30/08 - No Lag When Indicating Inflation - by The Mogambo Guru "And the reason is that the Lagging Indictor with its inflation detector attributes has been rising faster than the other two for as long as I can remember without doing the actual work to look it up." Mediobanca move rekindles talk of Italy power plays -Reuters, Dec 27, 2008 Italian banking foundation CariVerona is the largest investor in Italy's second-biggest bank UniCredit with just over 5 percent. UniCredit, in turn, is the main shareholder in merchant bank Mediobanca with an 8.7 percent stake. CariVerona said earlier this week its decision to increase its stake in Mediobanca was "a diversification ... of equity investments." But newspapers suggested on Saturday the move might signal a potential bid for influence at leading insurer Assicurazioni Generali, where Mediobanca is top shareholder with 15.6 percent La Class Action può attendere, e non solo quella - EMILIANET, 30 DIC. 2008 E' attesa da tempo dai risparmiatori coinvolti in scandali finanziari, ma è stata nuovamente rinviata la sua entrata in vigore. In ritardo anche l'attuazione della Camera di Conciliazione presso la Consob, l'ultima spiaggia per i piccoli azionisti danneggiati dal caso Bipop-Carire TREMONTI VS DRAGHI/ Dopo Tarantola Bankitalia è un caso tutt'altro che chiuso - Gianni Credit, 29 dicembre 2008 La legge - la stessa che ha di fatto indicato Draghi a Governatore - dice che l'1 gennaio 2009 la Banca d'Italia dev'essere di proprietà pubblica. Perché il Governatore rifiuta sostanzialmente di discuterne? Sabato 27 dicembre sul Sole-24 Ore un editoriale del rettore della Bocconi, Guido Tabellini - vicinissimo sia a Draghi che a Giavazzi - dopo una lunga serie di "caveat" sulla pubblcizzazione della Banca d'Italia, formula un dubbio escamotage tecnico per mantenere lo status quo, sterilizzando il ruolo delle banche partecipanti e disinnescando la "mina Tremonti". No, il caso Bankitalia, è lontanissimo dall'essere chiuso JANUARY 17: A National Fightback Conference - Bail Out the People Movement As if Things Weren't Bad Enough, Russian Professor Predicts End of U.S. - The Wall Street Journal, DECEMBER 29, 2008 Mr. Panarin posits, in brief, that mass immigration, economic decline, and moral degradation will trigger a civil war next fall and the collapse of the dollar. Around the end of June 2010, or early July, he says, the U.S. will break into six pieces -- with Alaska reverting to Russian control The Worst Predictions About 2008 - By PETER COY, BusinessWeek Economics, Dec. 26, 2008 "In today's regulatory environment, it's virtually impossible to violate rules." -- Bernard Madoff, money manager, Oct. 20, 2007 Trustee in Madoff Firm Liquidation Asks for $28 Million - The Associated Press, December 30, 2008 The trustee overseeing the liquidation of Bernard Madoff's investment firm is asking a bankruptcy judge in Manhattan to approve the transfer of $28 million for expenses Is the Comex a farce? Yes, in German too - Gata.org, December 30, 2008 The German Internet site on precious metals topics, Silberinfo, today posted an interview with GATA Chairman Bill Murphy and your secretary/treasurer. Thanks to Silberinfo's translator, it's in German and is headlined "Ist die COMEX eine Farce?" -- to which the interview subjects meant to respond with an elaborate "Ja!" Treasury provides financial support to 43 banks - By Christopher S. Rugaber, Ap, Dec 29, 2008 Some of the funds were granted to 20 privately held banks. A total of 34 private banks have now received funds from the taxpayer financial rescue program Banking Industry Sinking Faster Than Government Can Bail? - NakedCapitilsm, December 30, 2008 Banks need recapitalization AND price discovery. The near pathological avoidance of the latter by the officialdom would seem to support widespread suspicions that making asset to market, or even a realistic notion of longer-term value, would confirm that the industry is insolvent Banks and Landlord Blamed in Heller Bankruptcy - Amanda Royal, The Recorder, December 30, 2008 Illustrating How the Dollar Gets Whacked - by The Mogambo Guru, 12/29/08 There are many ways to illustrate how the dollar has been whacked, of course, like, for instance, with numbers. In the last 7 years, the dollar has fallen 33% according to the dollar index, which has fallen from 120 to 80, which is actually up as the dollar has exploded back 15%, rising from 72 to 83, in the year. But, of course, this is only a measure of the dollar against other currencies, each one of which is as much of a dirtbag fiat currency as the dollar and all the others - Il 28 dicembre 2008 la banca d'Italia deve ritornare per legge proprietà dello Stato (Legge n.262 28 dicembre 2005, Titolo IV, art. 19 par. 10); a quel punto sarebbe possibile, per l'Italia, eliminare definitivamente l'inganno del debito pubblico emettendo direttamente la quota nazionale di euro attraverso "bigiietti di Stato a corso legale" [Italian legal-tender treasury notes] e recuperando la rendita monetaria effettiva.. "Quando il Tesoro richiedeva alle banche di emissione consistenti finanziamenti monetari, che non si potevano configurare come anticipazioni temporanee, la corrispondente carta-moneta veniva denominata "biglietti" di Stato e, in forza di questa denominazione, l'intera circolazione monetaria veniva dichiarata inconvertibile (corso forzoso). Tali biglietti di Stato avevano un costo per l'erario assai basso" - Paolo Ranuzzi de Bianchi - Napoli: Le Botteghe del Sociale, lo SCEC a piazza Dante - dal 17 al 21 dicembre 2008 Nel 2009 un terzo delle banche potrebbe crollare - Prisonplanet, 28 dicembre 2008 L'analista finanziario Ralph Silva della TowerGroup ha detto alla CNBC questa mattina che si aspetta che non meno di un terzo delle banche fallirà nel 2009 e che qualcosa come un migliaio di banche potrebbe crollare se non partecipa a una fusione (lo stato, se se ne accorge, potrebbe comunque esercitare direttamente la funzione del credito sovrano) 10 things that won't survive the recession - By Mike Elgan, Computerworld, December 23, 2008 Economic downturns have a way of accelerating the demise of the obsolete and inefficient U.S. Edges Out Germany as World Wind Power Leader - ENS, December 26, 2008  By Saying Yes, WaMu Built Empire on Shaky Loans - By PETER S. GOODMAN and GRETCHEN MORGENSON, nytimes.com, 2008-12-27 “I’d lie if I said every piece of documentation was properly signed and dated,” said Mr. Parsons, speaking through wire-reinforced glass at a California prison near here, where he is serving 16 months for theft after his fourth arrest [Eliminating the Poor] States Driven to Reduce Health Coverage for Poor - By Amy Goldstein, Washington Post, 26 Dec 2008 States from Rhode Island to California are being forced to curtail Medicaid, the government health insurance program for the poor, as they struggle to cope with the deteriorating economy. With revenue falling at the same time that more people are losing their jobs and private health coverage, states already have pared their programs and many are looking at deeper cuts for the coming year. Already, 19 states -- and the District of Columbia -- have lowered payments to hospitals and nursing homes, eliminated coverage for some treatments, and forced some recipients out of the insurance program completely Americans abandon newspapers for the internet - Telegraph, 26 Dec 2008 The internet has overtaken newspapers as a source for national and international news for Americans, according to survey From The Grave - By Tony, The Bank Implode-O-Meter, December 26th, 2008 Indy Mac bank is poised to strike from the grave for bunches of billions of taxpayer dollars. Even as it is revealed that the banks former regulator allowed the bank to backdate a capital infusion by two months, the FDIC is poised to sell the bank to an incestuous brew of ex-Goldman Sachs executives now in charge of a private equity company and ex-Goldman Sachs executives currently in charge of TARP "BLOCKING THE EXITS" - "HEDGIES' NEWEST GAMBIT: KEEPING INVESTORS IN" . By Kaja Whitehouse, NYPost, December 26, 2008 The creativity that hedge-fund managers use when times get tough is being taken to another level as they seek innovative ways to block investors from withdrawing money from the funds US Concentration Camps Detroit: Homeless people are committing crimes for the purpose of being jailed so they can get out of the cold and get free lodging and meals - Yahoo 2008 Dec 20 "For the first time, I'm seeing guys make a conscious decision they'll be better off in prison than in the community, homeless and hungry," said Joseph Williams of New Creations Community Outreach, which assists ex-offenders. "In prison they've got three hots and a cot, so they commit a crime to go back in and come out when times are better." (la gente commette crimini e si fa arrestare pur di avere un tetto e del cibo, gli stati stanno diventando enormi campi di concentramento. I ricchi si rifugiano nelle campagne con scorte di cibo, come descriveva il Boccaccio) Il denaro tra sacro e profano - di: Zret, ECplanet, dicembre 2008 Barzan Al-Tikriti murdered by American Iraqi Justice - 21 December 2008 Just think if the enclosed letter was written by a banker during a future 'Operation Clean Banking'... COMBAT STRESS: A Concept for Dealing with the Human Dimension in Urban Conflict - 16 May 07 In urban operations, Marines may have difficulty dealing well with the local people. However, interacting with the local people on a regular, sustained, and meaningful level is exactly what they should do. Contact with locals can, at times, be quite frustrating, but we should remember that, for the most part, the citizens just want to be left alone to go about their daily lives. They did not choose to have combat in their backyard, but in order to survive they may be less than frank. Marines may interpret this as a sign that they are aiding the enemy and perhaps the local people are helping the enemy indirectly. This perceived duplicity can increase the psychological stress your men experience. Marines in this situation cannot afford to lose their humanity—they need to share their courage with the local people  1/3 of Banks Will Disappear Next Year (video) - cnbc, Dec. 24 2008 Many banks don't have enough money to survive in 2009, but mergers will keep their brands alive, said Ralph Silva of TowerGroup Anche i poveri mangiano caviale - di Giulia Cusumano, Articolo 21, 27 dicembre 2008 I tiggì non le raccontano, le vacanze dei non garantiti. Non raccontano dei precari a fine contratto e senza speranza di proroga, dei lavoratori in cassa di integrazione con poche centinaia di euro che tremano all'idea di finire in mobilità. Non raccontano dei pensionati, che avevano pensioni dignitose e adesso frequentano con disagio le mense della Caritas (Non "riuscendo" a distribuire equamente il potere d'acquisto, si procederà a sequestrare le derrate alimentari per distribuirle a chi ne ha bisogno) Detroit: Average home price $18,513 - Unemployment rate 21% - Tribble Ad Agency, December 21, 2008 Detroit is facing a crisis of epic proportions that officially puts Detroit statistically (and real term) on par with the great depression Fiscal Insanity Virus Strikes Canada, Sweden, Italy, IMF - By: Mike Shedlock, Dec 26, 2008 Recession will 'set British economy back five years' - By Edmund Conway, Telegraph, 26 Dec 2008 The 2009 recession could be so severe it sets Britain's economy back five years, according to the most chilling warning yet on the scale of the looming slump THE PEOPLE THAT WALKED IN DARKNESS HAVE SEEN... - Christopher Story, 26 December 2008 ... A GREAT LIGHT. HOWEVER MANY PREFER THE DARKNESS. Brzezinski: the war on terror is "a mythical historical narrative" - December 24, 2008 How to Live in Your Car - Pyrabang Living in a car isn't something that anyone would recommend. However, when you get laid off, your emergency fund runs out, your home is foreclosed (or you get an eviction notice) and there's nobody to help, living in your car might be the only choice, especially if you don't feel safe at a local shelter. Unfortunately, in many places, sleeping in your car is not only frowned upon, but also illegal. Here's how to get by until something better comes along L'informazione di guerra - Beppe Grillo, 25 Dicembre 2008 In Italia, la scorsa settimana sono andate deserte due aste di BTP e una terza ha venduto circa un terzo dei titoli. Lo sapevate? Nooooooooooo? Vi capisco, i telegiornali erano troppo occupati a spiegare che sulle Alpi nevica in dicembre e a descrivere la frenetica corsa agli acquisti World Bank-funded energy project in India fails to meet agreed social standards - Forest Peoples, 22 December 2008 A recent independent NGO report on the World Bank-funded Lanco Power Station project in Chhattisgarh, India shows serious negative consequences for local communities, including loss of land, polluted rivers and receding water levels. The project is funded by the private sector arm of the World Bank, the International Finance Corporation (IFC), which adopted in 2006 a new set of social and environmental safeguards, which the report finds have not been properly applied British courts continue to disgrace Enlightenment values - WIKILEAKS PRESS RELEASE / EDITORIAL, Dec 24, 2008 This month saw a secret UK court hearing, with secret participants, produce a secret order to secretly gag the population, the terms of which are secret and the revelation of which is punishable by upto 15 years of imprisonment. How many of these orders exist is unknowable--we glimpse at the severity of the problem only when the orders are violated Japan Should Scrap U.S. Debt as Dollar May Plummet, Mikuni Says - By Stanley White and Shigeki Nozawa, Bloomberg News, December 24, 2008  12/24/08 - A Government of People Eaters - by The Mogambo Guru "And it is especially worrisome now that the government's monumental Social Security, Medicare and Prescription Drug Coverage problems would be solved if all of us old people suddenly died." L'Oreal Heiress Liliane Bettencourt Said to Have Invested With Madoff Fund - By Saijel Kishan and Katherine Burton, Bloomberg, Dec. 24, 2008 Liliane Bettencourt, the world’s wealthiest woman, entrusted part of her $22.9 billion fortune with Bernard Madoff through the fund manager found dead in New York yesterday, two people familiar with the matter said (kiss your billions, bye bye) Iceland ‘Like Chernobyl’ as Meltdown Shows Anger Can Boil Over - By Ben Holland, Bloomberg, Dec. 23, 2008 When she isn't leading one of the almost daily acts of protest in this land devastated by the global financial meltdown, Hauksdottir sells good luck charms made from the claws of ptarmigans, a local bird, and voodoo dolls in the form of bankers. Hauksdottir, the owner of a Reykjavik witchcraft shop, says over a cup of thyme and juniper tea that only civil disobedience can force banks to stop collecting debts that people can’t pay. “We’ll use our voices, and then if we have to we’ll use our hands, and maybe axes,” Hauksdottir says  Secret of the Lusitania: Arms find challenges Allied claims it was solely a passenger ship - By Sam Greenhill, Daily Mail, 20th December 2008 Munitions they found in the hold suggest that the Germans had been right all along in claiming the ship was carrying war materials and was a legitimate military target THE GODS OF D.C. MEAN TO RULE YOU WITH BRUTE FORCE - By: Devvy, NewsWithViews.com, December 22, 2008 "We must all hang together, or assuredly we shall all hang separately." Benjamin Franklin, at the signing of the Declaration of Independence, July 4, 1776  Stampede for 'Bush shoe' creates 100 new jobs - Robert Tait in Istanbul, The Guardian, Monday 22 December 2008 Ramazan Baydan, owner of the Istanbul-based Baydan Shoe Company, has been swamped with orders from across the world, after insisting that his company produced the black leather shoes which the Iraqi journalist Muntazar al-Zaidi threw at Bush during a press conference in Baghdad last Sunday Federal Regulator Allowed Backdating of Capital Infusion at IndyMac, Other Institutions - 22 Dec 2008 Two months before IndyMac Bancorp collapsed in July, at a cost of $8.9 billion to taxpayers, a top federal banking regulator allowed the bank to backdate a capital infusion and gloss over its deepening problems, the Treasury Department’s independent investigator said Monday. In what industry analysts said was an example of the excessively cozy relations between high-flying subprime lenders and federal bank regulators, the Office of Thrift Supervision’s West Coast director allowed IndyMac’s parent company to backdate an $18 million contribution to preserve its status as a "well-capitalized" institution. Investigators reported that similar officially approved backdating appears to have occurred at other financial institutions, though they did not name them World faces "total" financial meltdown: Bank of Spain chief - 21 Dec 2008 The governor of the Bank of Spain on Sunday issued a bleak assessment of the economic crisis, warning that the world faced a "total" financial meltdown unseen since the Great Depression. "The lack of confidence is total," Miguel Angel Fernandez Ordonez said in an interview with Spain's El Pais daily  DIVELLA, A LAVORATORI UN MESE DI STIPENDIO IN PIU' - ANSA, 2008-12-24 Grazie al boom della pasta, l'azienda Divella premierà i suoi 280 dipendenti con un mese di stipendio in più: i lavoratori del grande pastificio riceveranno, oltre alla tredicesima, due stipendi (altro che Social Card...) Ex-Broker Who Helped Dreier in Hedge Fund Scams Is Arrested - Mark Hamblett, New York Law Journal, December 24, 2008 Broker Kosta Kovachev, who allegedly helped disgraced attorney Marc Dreier market millions of dollars in bogus promissory notes to hedge funds, was arrested Monday night. There may be more charges to come as the criminal complaint unsealed Tuesday says Kovachev joined the conspiracy with Dreier and "others known and unknown." Where did the bailout money go? Banks keep it secret - By Matt Apuzzo, Associated Press via Yahoo News, December 22, 2008 It's something any bank would demand to know before handing out a loan: Where's the money going? But after receiving billions in aid from U.S. taxpayers, the nation's largest banks say they can't track exactly how they're spending the money or they simply refuse to discuss it GREEK RIOTS is JUST THE BEGINNING… - By: Bulov, December 21, 2008 Bernard Connolly, a British economist and former member of the European Commission, who authored, The Rotten Heart of Europe, exposed the truth about the European Union and its Rothschild-run, European Central Bank, headquartered in Frankfurt Germany: "The mission of the European Central Bank is to provoke a financial crisis. The purpose of the crisis will be, as Prodi, then Commission president, said in 2002, to allow the EU to take more power for itself A brief history of the Western Saharan people's struggle for freedom - By Margarita Windisch, Spectrezine, December 23, 2008 Oligarchs go cap in hand to the Kremlin as their vast empires begin to crumble - David Robertson, The Times, December 23, 2008 The real bank robbers - Duncan Campbell, The Guardian, Tuesday 23 December 2008 A few weeks ago, I bumped into someone I had last seen in the dock at the Old Bailey on a robbery charge a quarter of a century ago. We chatted, and I asked what had become of his young sons. He chuckled. They had gone into the City and made far more money than their criminal dad ever did. If only he had known how easy it was, he said, he would have done the same thing Bank of China furious at Deutsche debt move - By Sean Farrell, Independent.co.uk, 22 December 2008 Investors in bank debt are threatening to boycott lenders that follow Deutsche Bank in breaking an unwritten rule and failing to exercise a call option on subordinated debt 12/23/08 - Loaned, Sold, and Gone… But Still Owned - by The Mogambo Guru "I realize, too late, that accounting was not the long suit of the audience, so I say, 'The guy to whom you loaned your car turned around and sold your car, kept the money, and you still think that you have the car? Hahahaha!'" 12/22/08 - A Novel Approach to Debt Management - by The Mogambo Guru "What? A $2 trillion federal budget deficit? In a $13 trillion national economy? Gaaahhhh! When the trade deficit is running at almost $900 billion a year? Double gaaahhhhh!" Crac Madoff, suicida un investitore - Corriere della Sera, 23 dicembre 2008 Il suicida è il 65 enne francese Thierry Magon de La Villehuchet, co-fondatore con Patrick Littaye di Access International, una compagnia di fund management che aveva base a New York ed era molto ben introdotta nel mondo che conta, della mondanità e della nobiltà europea. Pare, per esempio, che tra i clienti della Access ci fossero anche Philippe Junot, primo marito di Carolina di Monaco, e Alessandro di Serbia Suicide d'un financier français pris dans l'affaire Madoff - Daniel Trotta, Reuters, 23/12/2008 Bernard Madoff 'fraud': Investor De La Villehuchet found dead - By Amanda Andrews, Telegraph, 23 Dec 2008 A French executive whose firm invested more than $1bn with alleged fraudster Bernard Madoff has been found dead in New York. Thierry Magon de la Villehuchet, 65, was pronounced dead at a Madison Avenue building in midtown Manhattan on Tuesday morning, according to a French website. It appeared "highly likely" that he committed suicide, said a source familiar with the investigation who spoke on condition of anonymity Prosecutor in Marc Rich Case Endorses Holder for AG Position - David Ingram, Legal Times, December 23, 2008 One of the prosecutors in the criminal case against commodities trader Marc Rich says Eric Holder Jr. shouldn't be disqualified from the attorney general job because of his involvement in Rich's pardon. In a letter released Monday by the Senate Judiciary Committee, James Comey says that, while Holder's role was "a huge misjudgment," Holder's actions in that case may make him "a better steward" of the DOJ "because he has learned a hard lesson about protecting the integrity of that great institution." Polaroid Files for Bankruptcy, Again - Zach Lowe, The American Lawyer, December 22, 2008 Polaroid Corp. is back in bankruptcy for the second time this decade, and they are blaming their financial troubles this time not on the digital camera revolution but on the late September arrest of their parent company's owner, Tom Petters, on massive fraud charges Bank Employees Take Cue From The Fed & Start Stealing Bank Deposits (Youtube) Goldman Sachs Bribed Senate To Pass Bailout Bill - By Tony. Posted, The Bank Implode-O-meter, December 21st, 2008 TREMONTI VS DRAGHI/ Siamo solo all'inizio del "duello". Vedrete con le nomine in Bankitalia… - Gianni Credit, ilsussidiario, sabato 20 dicembre 2008 AP finds $1.6 billion went to execs of bailed-out banks - By Frank Bass and Rita Beamish, Associated Press via Yahoo News, December 21, 2008 IMF's warning to Britain: Bailouts will need to double to prevent economic collapse - By Simon Duke, Daily Mail, 21st December 2008 With tax receipts expected to plummet as the recession deepens, the Chancellor would be left with no option but to raise the extra cash through directly issuing money instead of gilts Bailiffs get power to use force on debtors - Jon Ungoed-Thomas, The Sunday Times, December 21, 2008 It is claimed these powers are already abused. In one case, an 89-year-old grandmother returned home to find a bailiff sitting in her chair having drawn up a list of her possessions. He was pursuing a parking fine owed by her son, who did not even live at the address Buy-to-let fraud hits thousands - David Leppard, The Sunday Times, December 21, 2008 SWAT TEAM CONDUCTS FOOD RAIDS IN RURAL OHIO - By Andy and Berit Kjos, NewsWithViews.com, December 21, 2008 Uno su quattro - di Marialuisa Busi e Francesco Brancatella, RAIUNO, TV7, 19 dicembre 2008 Vite di italiani che non ce la fanno. Da nord a sud storie di vecchie e nuove povertà. Nel Paese con i redditi al penultimo posto in Europa, la crisi si fa sentire ancora più forte. Un affresco sociale a 360 gradi: le voci di chi e’ senza casa, di chi non trova lavoro, di chi l’ha perso, di chi sopravvive con la pensione minima e si rivolge alla Caritas. Di chi con la pensione deve ancora mantenere i figli. Mentre si espande una nuova figura sociale, quella dei “working poors”, impiegati, giovani precari: i nuovi poveri. (Buon Natale!) La Destra: "Pieno sostegno all'imprenditore De Masi" - Tele Reggio, 21-12-2008 In Parlamento, ormai da qualche anno, giace un progetto di legge presentato dal presidente del partito Teodoro Buontempo contro il 'signoraggio bancario'. Se applicata, questa legge, sposterebbe l'asse economico e finanziario verso i lavoratori e a tutela delle imprese. Chissà perché certi disegni di legge non si riesce nemmeno a discuterli in Parlamento... (usano un vecchio trucco: non li mettono MAI all'ordine del giorno) Leading HSBC banker and father of two hangs himself in 5-star London hotel - By James Millbank and Tom Harper, Daily Mail, 21st December 2008 A hotel worker found Danish-born Christen Schnor, 49, hanging by a belt, naked, in the wardrobe of his £500-a-night suite at the Jumeriah Carlton Tower Hotel in Knightsbridge, West London, on Wednesday   If the former chairman of Nasdaq is a crook, Who Can You Trust in America? - By Nicholas von Hoffman, The Nation, Dcember 20, 2008 Madoff's fall has planted the seeds of suspicion. We now doubt those we have done business with for years. The presumption of trust is gone  Ricercati per truffa 15 ex membri Cda della Cassa Mutualita' Irpina - Tainews24, 21 dicembre 2008 Svaniti nel nulla, dopo aver prosciugato le casse di una piccola banca locale della quale erano gli amministratori: quindici le persone ricercate, tutte componenti il Cda Political economy of chicken imports - Martin Henry, Jamaica Gleaner, December 21, 2008 Automakers grab loans, look to Obama White House - By Deb Riechmann, Associated Press, December 20, 2008 Physical Silver- Where is it? - By: David_Morgan, Market Oracle, Dec 20, 2008 La paga dei padroni - Beppe Grillo, 20 Dicembre 2008 Milioni di euro di stipendi senza risultati. Fai fallire un'azienda, o quasi. Come l'Alitalia, le Ferrovie dello Stato, la Telecom Italia e, in cambio, ottieni bonus a volontà, stock options, compensi da mille e una notte. Chi pensate abbia pagato gli stipendi faraonici di Cimoli, Buora, Catania, Tronchetti, Romiti, Ruggiero? Corruption scandal over Ukraine's emission money - Russia Today, December 19, 2008 Ukraine's Prime Minister has accused the national Central Bank and the administration of the President of corrupt currency trading. The Prime Minister said Ukraine's banks were denied the bailout unless they agreed to pay a kickback to the Central Bank's officials. Members of the presidential administration are involved in the corruption ring, Timoshenko said and demanded that Victor Yushchenko dismiss Stelmakh The Madoff Economy - By Paul Krugman, NYT, 19 Dec 2008 How different, really, is Mr. Madoff’s tale from the story of the investment industry as a whole? ...At the crudest level, Wall Street’s ill-gotten gains corrupted and continue to corrupt politics, in a nicely bipartisan way. From Bush administration officials like Christopher Cox, chairman of the Securities and Exchange Commission, who looked the other way as evidence of financial fraud mounted, to Democrats who still haven’t closed the outrageous tax loophole that benefits executives at hedge funds and private equity firms (hello, Senator Schumer), politicians have walked when money talked [Lotto Credit] Fed to launch 200 bln dlr credit plan in February - AFP, Dec 19, 2008 The invisible hand becoming very visible at once SEC Report: Employees Browsed Porn, Ran Private Businesses - by Jake Bernstein, ProPublica - December 19, 2008 The IG also found that the commission did not have a sufficient system in place to "prevent and detect insider trading on the part of Commission employees or violations of the Commission’s rules." Unconventional Warfare in the 21st Century: U.S. Surrogates, Terrorists and Narcotraffickers - by Tom Burghardt, Global Research, December 19, 2008 The ‘Almighty Dollar’ is really a paper tiger - Mary Schapiro  Hedge fund failures to hit record as investors flee - Miles Costello, The Times, December 19, 2008 A record number of almost 1,000 hedge funds will be forced into liquidation this year as torrid investment markets take their toll of the alternative investment industry and worried investors redeem funds The biggest Ponzi scheme: Bernard Madoff's or the British Government's? - By Ian Cowie, Telegraph, 19 Dec 2008 Just as Bernard Madoff is alleged to have relied on payments in from new investors to pay out returns and promote a $50 billion (£33 billion) fund that scarcely existed, our Government continues to issue promises which it hopes future generations will honour Ohio's largest county aims to fight foreclosures - By STEPHEN MAJORS, Associated Press, December 18, 2008 Ohio's largest county is about to embark on an experiment in which government becomes the owner of foreclosed and abandoned properties, fixes them up and turns them back over to private owners Kissinger Calls For New International System Out Of World Crises - Steve Watson, Infowars.net, Dec 19, 2008 12/19/08 - Economic Pseudoscience - by The Mogambo Guru I am freaked out at the blatant corruption and fraud that is happening right in front of our noses by Wall Street, Congress and the Federal Reserve, and people ought to be sending me money with which to do emergency research into animating the dead so as to raise an Army of the Undead to descend upon Washington, D.C. and eat the brains of anyone tainted with the stench of Congress and the Federal Reserve! Credit Suisse said to use toxic mortgage assets for bonuses to toxic managers - 18 Dec 2008 Number of Subprime-Related Suits Reaches Unprecedented Level - Julie Kay, The National Law Journal, December 19, 2008 Anglo Irish Bank's chief resigns after chairman exits - Dominic Walsh, Times Online, December 19, 2008 David Drumm has resigned just hours after the lender's chairman stepped down, following revelations that he attempted to hide €87 million (£82 million) in loans from investors by transferring them temporarily to another bank Peter Schiff warns "get out of the cities": Riots, Anarchy, Looting, Mayhem (video youtube) - December 17, 2008 [Fortis gate] Belgio, governo presenta le dimissioni dopo presunte ingerenze - Reuters, 19 dicembre 2008 Il premier ha negato di aver esercitato pressioni sul tribunale, anche se ha riconosciuto che uno dei suoi funzionari ha più volte contattato il marito di uno dei giudici della corte...  Judge OKs $900 Million-Plus UnitedHealth Settlement Over Backdating - Tom Murphy, The Associated Press, December 19, 2008 Video: Crash Will be Worse than Great Depression - Infowars, December 18, 2008 Interview with Nassim Nicholas Taleb, famous economist and author of “The Black Swan” and Dr. Mandelbrot, professor of Mathematics. Both say that the present economic situation is far more serious than the Great Depression and the economy during the American Revolution (the system may enter in a destructive turbulent resonance)  Downturn Spurs 'Survival Panic' for Some in the US - By: Reuters, 17 Dec 2008 In the coming months, mental health experts expect a rise in theft, depression, drug use, anxiety and even violence as consumers confront a harsh new reality and must live within diminished means. "People start seeing their economic situation change, and it stimulates a sort of survival panic," said Gaetano Vaccaro, deputy clinical director of Moonview Sanctuary, which treats patients for emotional and behavioral disorders. "When we are in a survival panic, we are prone to really extreme behaviors." Credit Collapse Financial Market Impacts and Implications - By: Doug Wakefield, Market Oracle, Dec 18, 2008 In his book, The Wave Principle of Human Social Behavior and the New Science of Socionomics, Robert Prechter explains: “The limbic system has the capacity to generate out of context, affective feelings of conviction that we attach to our beliefs regardless of whether they are true or false. In normal people, too, feelings of certainty can be so overwhelming that they stand fast in the face of logic and contradiction.” London Banker: "The market has failed, and officialdom is perpetuating that failure." - By Mike Whitney, "Information Clearinghouse", December 18, 2008 How to Deflate the US Superpower and Restore Economic Sovereignty - by Matthias Chang, Global Research, December 17, 2008 Global systemic crisis – New tipping-point in March 2009 - Public announcement GEAB N°30 (December 16, 2008 'When the world becomes aware that this crisis is worse than the 1930s crisis' Saudis, Indians among Clinton foundation donors - By Beth Fouhy And Sharon Theimer, Associated Press, Dec 18, 2008 Italy's Ministry for Environment and Territory gave $50,000 to $100,000 The silent bubble - Inside the Brussels' Bubble, December 7, 2008 On Wednesday, former Commission official turned lobbyist John Duhig explained how, while working for Eamonn Bates Europe on behalf of a small US company selling cancer detection technologies, he successfully lobbied the EU Presidency to lobby... MEPs to prepare a report on combatting cancer... Worst EU Lobbying Award Winners Announced - Spectrezine, December 18th, 2008 The Worst Conflict of Interest Award 2008 goes to the Finnish MEP Piia-Noora Kauppi, with 26% of the votes cast. MEP Kauppi has been promoting the interests of her future employer, a banking lobbying group  [ BANCHE PULITE ] Mandati di cattura internazionale per tre dirigenti bancari: Mandato d'arresto per Lukas Mühlemann - Swissinfo, 17 dicembre 2008 La giustizia argentina ha emanato un mandato d'arresto nei confronti di Lukas Mühlemann, ex presidente del consiglio di amministrazione di Credit Suisse. Il dirigente elvetico è sospettato di frode e di costituzione di un'organizzazione criminale Argentina: mandato di arresto contro Lukas Mühlemann - TicinoNews, 16.12.08 Oltra a Mühlemann, sono nel mirino della giustizia di Buenos Aires l'ex responsabile della banca americana JPMorgan Chase, William Harrison, e l'ex direttore della Dresdner Bank Bernd Fahrholz Argentine Judge Sets Capture for JP Morgan, Credit Suisse, Dresdner Bankers - Uruguay Daily News, December 16, 2008 Judge María Servini de Cubría ordered the international capture of William Harrison (JP Morgan), Bernd Fahrholz (Dresdner Bank) and Muhlemann (Credit Suisse) for liquidating the Banco General de Negocios bank Jueza argentina libra captura internacional en causa relacionada al viejo Banco Comercial - 16 de diciembre de 2008 La jueza argentina María Servini de Cubría ordenó la captura internacional de William Harrison (JP Morgan), Bernd Fahrholz (Dresdner Bank) y Muhlemann (Credit Suisse), en el marco de su investigación del vaciamiento del Banco General de Negocios  Citigroup’s Debt Lowered Two Grades to A2 by Moody’s - By Josh Fineman, Bloomberg, Dec. 18, 2008 Citigroup Inc., the U.S. bank that got $65 billion in government funds to replenish capital after four straight quarterly losses, had its senior debt rating cut two grades by Moody’s, the first downgrade in a year Four Charged in Insider-Trading Scheme - WSJ, DECEMBER 18, 2008 Day traders Jamil A. Bouchareb and Daniel A. Corbin; Eric A. Holzer, a tax lawyer at a New York law firm; and Frederick E. Bowers, another Lehman broker in New York; have been charged with conspiracy and securities fraud GATA Chairman Murphy reports on meeting with CFTC - By Bill Murphy, Chairman, Gold Anti-Trust Action Committee Inc., December 18, 2008 Gensler is a Goldman Sachs alum and a Treasury man. Obama is putting one of the key figures in the Gold Cartel scheme into the top role at the CFTC. Talk about the fox guarding the henhouse! Fed loans are guided by raters who touted subprime debt - By Alison Fitzgerald, Bloomberg News, December 18, 2008 Federal Reserve Chairman Ben S. Bernanke is basing hundreds of billions in emergency lending on credit ratings from companies that gave AAA grades to toxic securities CRISE FINANCIERE: BNP Paribas lâche Fortis - L'investigateur, 17/12/2008 La banque française BNP Paribas a informé le gouvernement belge qu'elle renoncerait à racheter le bancassureur belge en difficulté Fortis si elle ne pouvait monter rapidement dans son capital South African government demands bank report takedown - WIKILEAKS PRESS RELEASE, Dec 18, 2008 The document, a substantially redacted form of which was publically released by the Commission on December 12, was "unredacted" by Wikileaks staff to reveal key details provided by what many South Africans call South Africa's banking cartel 12/18/08 - Are You Smarter than a Bond Trader? - by The Mogambo Guru "Pardon me for interrupting today's Stupid Mogambo Rant (SMR) with my laughing…but every time I think of some bozo buying 30-year Treasury debt at a price that is so high that the bond then yields a teensy-weensy 3% or so for 30 freaking years, I have to laugh when I think of such blinding stupidity!" 12/17/08 - Collapse and Ruination from Glutonous Growth - by The Mogambo Guru "If $2.8 trillion has been lost, then how much of this lost money that came into existence when it was first borrowed from a bank, is still owed to a bank? Or the shadow banking system?" "UK Parliament debate on US anti-libel tourism measures, press freedoms and Nadhmi Auchi" - British Parliament, Westminster Hall, 17 December 2008 The practice of libel tourism as it is known-the willingness of British courts to allow wealthy foreigners who do not live here to attack publications that have no connection with Britain-is now an international scandal. It shames Britain and makes a mockery of the idea that Britain is a protector of core democratic freedoms Ecuador: i debiti si pagano, l'usura no - 16 dicembre 2008 Si tratta di un passaggio obbligato per la riparazione storica dei danni patiti dal popolo ecuadoriano e verso il ristabilimento della sovranità nazionale violata dal fondomonetarismo e dalla dollarizzazione Bankitalia: ricchezza concentrata, si impoverisce portafoglio - ANSA, 2008-12-18 Grazie alla rendita monetaria privata e di fatto monopolistica (signoraggio sull'euro virtuale e cartaceo), LA RICCHEZZA CONCENTRATA: A META' FAMIGLIE NEANCHE 10%  Arizona Police Trained for Economic Civil Unrest - Kurt Nimmo, Infowars, December 17, 2008 Rioting at the Gates of Thermopylae: The Fed & Central Banks Shudder - by: Jake Towne, Seeking Alpha, December 15, 2008 The gates of modern Thermopylae are not in Greece. Like the Spartans of yore that faced the Persian onslaught, modern central bankers are being assaulted by their own creation, fiat money. Like the slaves the Persians sent, the chained people of this earth are also falling in battle. 25,000 dead each day due to hunger and economic suppression when the War of Terror military funding could have fed, clothed, and sheltered each and every one. 7,328,200+ Americans are already imprisoned or on parole Secrecy Worsens Wall Street Mess - By Brent Budowsky, consortiumnews.com, December 17, 2008 With multiple scandals sweeping Wall Street, it might seem like an odd time for anyone to say “trust me” when it comes to spending trillions of dollars in bailout money, but that’s basically what the Bush administration and the Federal Reserve are telling the public. In this guest essay, Brent Budowsky examines how secrecy has contributed to the crisis – and is now threatening a resolution: The public is angry – and that anger is rising Investors Selling the US dollar before COLLAPSE - The Coming Depression, Dec 17, 2008 Investor Jim Rogers urged people to get out of the dollar and says he expects to be rid of all his U.S. currency assets by summer next year Saudi offers $10m for Iraqi reporter’s ‘farewell gift’ to President Bush - Daily Times, 16-12-2008 Buffett: condannato Ronald Ferguson, ex Ad General Re - ANSA, 17 Dicembre 2008 Napoli: arrestati due assessori. Coinvolti parlamentari - Reuters, 17 dicembre 2008 Gli uomini della Direzione investigativa antimafia (Dia) e i carabinieri di Caserta hanno eseguito stamattina 13 ordinanze di custodia cautelare, delle quali 12 ai domiciliari e una in carcere, nell'ambito dell'inchiesta condotta dalla procura di Napoli sulla gestione degli appalti comunali - "MONETA
COMPLEMENTARE rimedio alla crisi"
- parla Marco Saba, Associazione Radicale SFD, via
Borsieri 12, MILANO, (MM2 Verde stazione Garibaldi), Martedi' 16 DICEMBRE 2008 Ore 18 - Conferenza su IMMUNITA' E IMPUNITA' PER VERTICI POLITICI E BANCARI - parla Marco Della Luna, Istituto Isabella d'Este, Via Giulio Romano, Mantova, 16.12.08 h. 21 Now Clear This: Exchanges Mull CDSs - By Christine Birkner, Resource Investor, 16 Dec 2008 Madoff relied on 'irrational euphoria' - By Kevin Connolly, BBC News, 17 December 2008 The reason we are easy to fool in the end, is because we are so good at fooling ourselves. (think about the 'private seigniorage/public debt scam,' still running from 1694!) $700 Billion Bailout Celebrated With Lavish $800 Billion Executive Party - ONN, December 16, 2008 GEORGE TOWN, CAYMAN ISLANDS—4-tons of Beluga caviar and $250,000 bottles of vintage Dom Pérignon were on hand for America's CEOs to celebrate the historic bailout  What's Really Going On With The Madoff Affair? - LPAC, December 16, 2008 We have no trouble believing that the fund, which was reportedly facing $7 billion in client redemptions it could not meet, was bankrupt, or that it was a Ponzi scheme, since that is the characteristic of the financial system as a whole, the derivatives market in particular, and of the big banks, hedge funds and other speculators Our Bailout Culture and the Beauty of Bankruptcy - by Selwyn Duke, NewsWithViews.com, December 17, 2008 Just as a compulsive gambler will continue playing the casinos until his well runs dry – and giving him money just delays the inevitable – statist politicians will keep spending until there is nothing left to spend. So let state and local governments shut down and suspend services. Let them twist in their own ill wind. Let them languish in a self-created debtors’ prison... 16th Amendment - The Sixteenth Amendment Bill Benson Litigation [Abusing the Taxpayer] Madoff Investors May Be Protected By Government - WCBSTV.com, Dec 16, 2008 Judge Says Those Duped Need Aid Under The Securites Investor Protection Act SEC Official Married into Madoff Family - By BRIAN ROSS and JOSEPH RHEE, ABCnews, Dec. 16, 2008 Madoff Boasted of Close SEC Relationship, "My Niece Even Married One" (Jus primae noctis revisited) If Wishes Were Horses. . . - William Lind, Military.com, December 11, 2008 America will start to endeavor to govern the world, "preventing conflicts and rebuilding failed states." We will insert ourselves everywhere, exporting "democracy" and "human rights," aka Brave New World. We will re-make other societies in our own image, whether they want us to or not (no one does). This time, it will work, because instead of Marines, we will storm the beaches with brave State Department lads, armored with blue suits and armed with briefing papers and bottles of sherry CRISE FINANCIERE - Fortis: coups bas et magouilles - L'investigateur, 16/12/2008 Le dernier "coup" de Me Mischaël Modrikamen Nervy Investors Spur Rush at Swiss Gold Refiners - By Arnd Wiegmann and Lisa Jucca, Reuters, December 17, 2008 'People used to buy certificates. Now they want physical gold.' Inchiesta Potenza.11 arresti tra cui Ad Total Italia - AudioNews, 17 dicembre 2008 Una quarantina gli indagati tra cui il patron di Air One Carlo Toto The Fall Of Babylon - By Benjamin Fulford, 12-17-8 What we are witnessing is the fall of the 6,000-year old system of Babylonian debt slavery Telecom e il generale Custer - Beppe grillo, 16 Dicembre 2008 Bernabè sa bene chi ha distrutto il valore della Telecom. Conosce i nomi dei responsabili, dei politici e degli imprenditori IMF chief issues stark warning on economic crisis - Angela Balakrishnan, guardian.co.uk, 16 December 2008 Dominique Strauss-Kahn added that violent protests could break out in countries worldwide if the financial system was not restructured to benefit everyone rather than a small elite FRAUDULENT "CREDIT CRISIS" PAVES WAY FOR ECONOMIC DISASTER - By Cliff Kincaid, NewsWithViews.com, December 16, 2008 The analysis, Flawed Assumptions about the Credit Crisis: A Critical Examination of US Policymakers, concludes that the result of the unjustified massive federal intervention in the economy could be similar to the economic crisis in the Weimar Republic of 1922, where disastrous hyperinflation made the currency worthless and threatened the nation’s political system and stability No Rest for the Unemployed - by The Mogambo Guru, 12/16/08 John Crudele of the NY Post explains, "Right now, the unemployment rate would be more than twice as bad if you go back to the way this figure used to be calculated" back in 1994 when "the Clinton White House decided that the unemployment rate needed to be modernized." ARRESTATO IL SINDACO DI PESCARA - AGI, 15 dicembre 2008 Le accuse sono di associazione per delinquere finalizzata alla corruzione, concussione, abuso d'ufficio truffa aggravata ai danni dell'amministrazione e falso ideologico. Tutti e tre gli indagati si trovano agli arresti domiciliari UAW PRESIDENT: ROB THE PEOPLE'S BANK - By: Devvy, NewsWithViews.com, December 15, 2008 If Americans want to belong to a union, that is their choice. However, as we've seen with the teachers' unions that have been a huge part in destroying the finest educational system in the world, unions don't always serve their constituency. They support slick, career politicians who ruin their industries and refuse to pass legislation that would provide a huge infusion of spending into the economy to buy their products Madoff's Fraud Is Nothing Compared To U.S. Treasury's - James West, www.MidasLetter.com, December 15, 2008 Hedge funds are collapsing so fast that they number in the dozens every week, and fully one third of the $1.5 trillion asset class is expected to go up in smoke within the next 24 months, dwarfing the carnage of corporate fraud Via di qui. Cattivi magistrati e cattivi giornalisti - Carlo Vulpio, 10/12/2008 E’ accaduto che mentre la procura di Catanzaro (c’era ancora de Magistris) stava indagando su un bel numero di magistrati lucani, di Potenza e di Matera, la procura di Matera (gli indagati) si è messa a indagare sugli indagatori (de Magistris). Come? Surrettiziamente. E cioè? Si è inventato il reato di “associazione a delinquere finalizzato alla diffamazione a mezzo stampa” e ha messo sotto controllo i telefoni di cinque giornalisti e un ufficiale dei carabinieri (quello delegato da de Magistris per le indagini sui magistrati lucani) Did Wall Street go Rogue or Was it Rogue Already? - by Danny Schechter, Global Research, December 15, 2008 As Billions Vanish, Our Focus Should Be On Economic Crimes. The market first crashed in 1792, soon after the nation's birth, thanks to a merchant prince named William Duer. He was a man of wide-ranging business interests who had supported and made money off the Revolution and who then married into the upper reaches of New York society. He thought he could use his insider connections to Alexander Hamilton to make a killing by speculating in the newly issued debt of the infant government Federal Reserve sets stage for Weimar-style Hyperinflation - by F. William Engdahl, Global Research, December 15, 2008 Doug Pollitt on the possibly imminent end of paper gold - gata.org, December 15, 2008 12/15/08 - Markets Get an 'F' in P/E - by The Mogambo Guru In fact, you can still have a high P/E of 19, indicating a high price, even if the earnings of the entire S&P 500 fell to a measly 1-cent and the shares in the index sold for a collective 19 cents! Hahaha! It's weird! Punjab's migrants take less home - BBC, 15 December 2008 This week the BBC News website is looking at the effect of the credit crunch on migrant workers, and their families at home Siemens agrees to pay $1.3B in bribery settlement - By GEORGE FREY, AP, 15 December 2008 Under the terms in the U.S., Siemens and three of its international subsidiaries will pay approximately $450 million to the U.S. Justice Department to settle charges of making bribes and trying to falsify corporate books from 2001 to 2007. It will pay another $350 million to settle charges from the U.S. Securities and Exchange Senate to Middle Class: Drop Dead... - a message from Michael Moore, December 12th, 2008 We have a little more than a month to go of this madness. As I sit here in Michigan today, tens of thousands of hard working, honest, decent Americans do not believe they can make it to January 20th. The malaise here is astounding Trends Forecaster Celente: Greece-Style Riots Coming To U.S. - Paul Joseph Watson, Prison Planet.com, December 15, 2008 Frighteningly accurate trends forecaster Gerald Celente says that America will see riots similar to those currently ongoing in Greece and that the cause will be a hyper-inflationary depression, leading to the inevitable use of troops and mercenaries to deal with the crisis as Americans are incarcerated in internment camps (KBR had been awarded a half a billion dollar contract to build “national emergency” internment camps) Dizionario della crisi globale - di Steve Brady, 28.11.2008 La crisi globale dalla A alla Z ! Never mind Plan B. Let's look at C, D and E - Anatole Kaletsky, The Times, December 15, 2008 It is too early to say that Plan C has also failed, since most of the global fiscal stimulus has not even started while the banks have only recently been recapitalised. But early indications are not encouraging, especially as regards the behaviour of banks Bernie Madoff's Victims: The List - Henry Blodget, ClusterStock, Dec 14, 08 The case now threatens to create panic among investors and exacerbate withdrawals from hedge fund managers already struggling to raise enough cash to meet redemptions... Prominent Jewish foundations shut down due to Madoff Wall Street affair - By Natasha Mozgovaya, Haaretz, 15/12/2008 The huge fraud - possibly the largest in history - has reached Israel, too. Among those invested in Madoff's funds and Ponzi scheme are an impressive list of Israeli insurance companies: Harel, Clal and the Phoenix U.S. Supreme Court to Consider $500 Million Asbestos Settlement - The Associated Press, December 15, 2008 The U.S. Supreme Court agreed Friday to consider reinstating a $500 million settlement of asbestos-related lawsuits against the Travelers Companies Inc. The insurance company has been named in dozens of lawsuits claiming that it tried to hide the dangerous health effects of asbestos. The settlement would also block any new lawsuits against Travelers stemming from its relationship with Johns Manville Corp., once the world's largest producer of asbestos Class Action Status Doesn't Stick to Teflon Lawsuits - The Associated Press, December 15, 2008 The cases involve questions about possible toxic fumes released when cookware coated with Teflon is heated above a certain temperature. Dan Turner, a spokesman for Teflon maker DuPont, called the ruling significant and said the company was "very pleased." General George S. Patton was assassinated - APFN, 14, 2008 CRAC MADOFF: UNICREDIT ESPOSTA PER 75 MILIONI - ANSA, 2008-12-15 - Boston Tea Party '08 -- Fanueil Hall Boston, Massachusetts, 1:00 pm - 6:00 pm December 14th, 2008 Fortis : victoire pour les petits actionnaires - L'investigateur, 14/12/2008 Une partie de l'accord conclu en octobre pour sauver l'ex-banque belgo-néerlandaise Fortis de la faillite a donc été gelée par la justice belge. La cour d'appel de Bruxelles a suspendu deux volets majeurs de l'accord: la vente à l'Etat néerlandais des opérations de Fortis aux Pays-Bas et la vente à l'Etat belge de ses opérations en Belgique. La justice belge avait été saisie par des actionnaires qui contestaient l'accord au motif qu'ils n'avaient pas été consultés Swiss gold refineries pushed to the limit by demand - By Gerhard Lob, SwissInfo, December 14, 2008 Gold refineries in Switzerland are working at their limit to cope with demand for the precious metal from investors seeking ways to shield their wealth Crisi. Confindustria chiede che governo finanzi ammortizzatori sociali - AgenziaMI, 14/12/2008 «Abbiamo aperto un tavolo di confronto con l'Abi - ricorda Marcegaglia - fino a poco tempo fa il problema era parziale, ma nelle ultime settimane c'è stato un grave peggioramento della situazione». «Così abbiamo deciso di convocare il tavolo e fare una forte pressione sulle banche - conclude - perchè se abbandonano le pmi si crea un danno gravissimo alla coesione sociale». (Ma si potrebbe benissimo farne a meno tramite monete locali, biglietti di stato a corso legale e/o mutual credit) GAMES CHILDREN PLAY - Erica Carle, NewsWithViews.com, December 14, 2008 In this tongue in cheek political game, it’s possible to win by playing scrupulously honest or by cheating shamelessly. LIE, CHEAT & STEAL provides up to six players with everything they need to simulate the political arena. There are vote certificates and money to buy them with, “Dollar” cards which create opportunities to steal money from the public treasury. “Black Eye” cards which are useful in blackmailing the other players, and “Feather-in-Your-Cap” cards which offer some protection against the ruthless news media. You will find a 4-fold playing board, 6 tokens, and 2 dice to complete the game in which you compete for prestige in a world of shady politics I movimenti sociali fondano un Tribunale del Popolo per assicurare la giustizia a tutti i cittadini - di Associazione Ya Basta Nordest, 5 dicembre 2008 Disuguaglianze, Stato sotto accusa. In Brasile i movimenti sociali fondano un tribunale del popolo per assicurare la giustizia a tutti i cittadini. E per costringere le istituzioni del Paese a garantire i diritti all’intera popolazione Collapse of Pension Funds: The End of Retirement? - by Shamus Cooke, Global Research, December 13, 2008 After World War II, when European and Japanese economies stood in tatters, American capitalism could fulfill “the American dream,” since there was little foreign competition to speak of. For the first time ever, workers were promised that — after working thirty or so years — they would be able to securely retire. That was largely the case…for one generation. The second generation is having a devastating reality check Real Home of Genius Award. Taking Porcelain to Another Level - Dr. Housing Bubble, December 13th, 2008 The reason banks are still not lending to one another is because they know how corrupt their balance sheet is and what would make them suspect their neighboring bank would be any different? Obama stimulus could reach $1 trillion: report - Reuters, Dec 13, 2008 The money was originally set aside to buy up toxic mortgage-backed securities but is now being used to recapitalize banks and induce them to indebt us more freely... Give them one trillion and they can dig a two trillion hole AIG Said to Offer Retention Payment to Bigger Group of Workers - By Hugh Son, Bloomberg, Dec. 13, 2008 The “retention bonus” equals as much as a year’s salary and recipients were ordered to keep the payment secret, said the person, who declined to be named because the plan was labeled confidential [global default] Calling Foreign Debt 'Immoral,' Leader Allows Ecuador to Default - By Anthony Faiola, Washington Post, December 13, 2008 Correa said Ecuador will skip a $31 million interest payment. "We are ready to accept the consequences," Correa said, according to a transcript of his comments. He described the debt as "immoral," saying the government would take its findings that past debt sales were tainted by graft and bribes to international courts Wealth: Profiles in Panic - by Michael Shnayerson, Vanity Fair, January 2009 With Wall Street hemorrhaging jobs and assets, even many of the wealthiest players are retrenching. Others, like the Lehman Brothers bankers who borrowed against their millions in stock, have lost everything. Hedge-fund managers try to sell their luxury homes, while trophy wives are hocking their jewelry. The pain is being felt on St. Barth’s and at Sotheby’s, on benefit-gala committees and at the East Hampton Airport, as the world of the Big Rich collapses, its culture in shock and its values in question AUTOMAKERS DON'T NEED LOANS - THEY NEED CUSTOMERS - By Paul Proctor, NewsWithViews.com, December 13, 2008 I’ve got some good news and some bad news today. The bad news is: A lot of people are going broke. The good news is: They know it now [Global Worming] Iceland’s Meltdown - Nigel Holmes and Megan McArdle, The Atlantic, December 12, 2008 We Told You So - by David Sirota, Campaign for America's Future, December 12, 2008 In the slow-motion train wreck that became the current economic meltdown, our bipartisan political Establishment and the sycophantic punditburo have been wrong over and over and over again. They told us that eviscerating consumer protections would unleash the market's benevolent power and boost the economy. They told us that a trillion-dollar Wall Street bailout would solve a credit crisis. They told us that bailout would be subjected to intense oversight and scrutiny. Wrong, wrong and wrong Dubai The New Switzerland For The Elite - Exclusive to Rense.com, 12-13-8 Dubai has no taxes and there is total freedom of funds movement Trentino Alto Adige: licenziamenti ad alta quota - Beppe Grillo, 13 Dicembre 2008 Germany's bank bailout has failed, MPs say - By Bertrand Benoit and James Wilson, Financial Times, December 12, 2008 Speaking to the FT in a telephone interview, Mr Rupprecht said: "The expectation that stabilising a few financial institutions would kickstart interbank lending has not materialised. I fear the debt guarantees could soon be exhausted without this having happened." What is to be Done? The End of the Washington Consensus - by Michael Hudson and Jeffrey Sommers, Global Research, December 13, 2008 The three Baltic countries, for instance – Latvia, Estonia and Lithuania – have long been praised in the Western press as great success stories. The World Bank classifies them among the most “business friendly” countries, and their real estate prices have soared, fueled by foreign-currency mortgages from neighboring Scandinavian banks. Their industry has been dismantled, their agriculture is in ruins, their male population below the age of 35 is emigrating Global Financial Domination: The $8.5 Trillion Chip - by Matthias Chang, Global Research, December 13, 2008 Obama's Gamble - The Ultimate And Final Bet By Obama’s Financial Handlers Comex said warning brokers about December gold squeeze - From "Midas" Commentary, by Bill Murphy, LeMetropoleCafe.com, December 12, 2008 My broker friend said his back office said this sort of alert is highly unusual and that the concern is real, not only for gold, but for other commodities too, like copper and palladium, as there is a good deal of talk of taking deliveries there too More on Gold Backwardation - By: James Turk, The Market Oracle, Dec 12, 2008 Over the last few weeks, there have been a lot of articles on the Internet about backwardation, i.e., when the price of commodities for delivery today is higher than the price of commodities for delivery in the future. Like nearly all the things on the Internet, most of what was written is useful, but some of it is total rubbish Sanderson State Bank, Sanderson, TX - FDIC FAILED BANKS, December 12th, 2008 Sanderson State Bank of Sanderson, Texas was closed by the Federal Deposit Insurance Corp. and by the Texas Department of Banking Friday, bringing to 25 the number of U.S. bank failures this year amid the credit crisis and economic slowdown Haven Trust Bank, Duluth, GA - FDIC FAILED BANKS, December 12th, 2008 Another small GA bank goes down: All deposit accounts have been transferred to Branch Banking & Trust Company, (BB&T), Winston-Salem, NC (”assuming institution”) and will be available immediately. On Monday, December 15, 2008, the former Haven Trust Bank locations will reopen as branches of BB&T 12/12/08 - Inflation: How Low is Too Low? - by The Mogambo Guru "So how low is this 'low' inflation rate that will allow the cutting of interest rates even though inflation is still positive? Well, it is now 2.1%, which has just fallen from 3.2%, and 2% inflation is the ECB's target! 'Inflation falling too low'! Hahahaha!" A bunch of 'unsustainable' counterfeiters at work! A Historic Moment: The Election of the Greatest Con-Man in Recent History - James Petras, 12.06.2008 “I have a vision of Americans in their 80’s being wheeled to their offices and factories having lost their legs in imperial wars and their pensions to Wall Street speculators and with bitter memories of voting for a President who promised change, prosperity and peace and then appointed financial swindlers and war mongers.” Banksters Refuse to Honor Bloomberg FOIA Request - Kurt Nimmo, Prison Planet.com, December 12, 2008 As Bloomberg reports today, the Federal Reserve has refused “to disclose the recipients of more than $2 trillion of emergency loans from U.S. taxpayers and the assets the central bank is accepting as collateral.” (Bombe atomiche, NATO, uranio impoverito, stragi e golpe, torture e rapimenti: ...a cosa è servito quando manca l'intelligence?) Congressman identifies Federal Reserve as the real problem - Paul Joseph Watson, Prison Planet.com, December 11, 2008 “They create this money and when the Fed chairman comes before our committee we ask, where did you dispose of this $2 trillion dollars that you’ve created recently, he says well it’s not your business, he doesn’t even have to tell us” exclaimed Paul, adding that the Federal Reserve is out of control (ti immagini un deputato od un senatore italiano col coraggio di dire le stesse cose sulla BCE?) Swiss bank secrecy in toughest test since Nazi gold - REUTERS, Dec 11, 2008 More than a decade after holocaust survivors won compensation from Swiss banks for emptying Jewish accounts that had lain dormant since the war, the pressure is on again to dismantle Swiss banking secrecy. This time, the tax collector is leading the charge. Seigniorage masters shadow accounts at risk Bailout Overseer: We're Still Trying To Get Office Space - By Natalie Sherman, TPM, December 10, 2008 The panel has little authority to do more than request information and report back to Congress about it  Wall Street's Latest Downfall: Madoff Charged With Fraud - By Stephen Gandel, Time, Dec. 12, 2008 Madoff was also a donor to the Democratic party and to Jewish organizations. A number of large Jewish charities are expected to be among the many investors who have lost money in Madoff's funds. Madoff was the chairman of the board of Yeshiva University's Sy Syms School of Business, and the treasurer for the University's board of trustees Fed to Bloomberg: “F*** off” - by Rolfe Winkler, CFA, Option Armageddon, December 12, 2008 The Fed has refused to comply with Bloomberg’s request for information regarding its massive new lending programs. The Fed is worried such a disclosure would reveal all the big banks are effectively bankrupt, causing widespread panic and, I suppose, a possible run on the entire banking system Toscana/ Fondiaria-Sai: In arresto l'architetto Marco Casamonti - AffariItaliani, 12.12.2008 E' stato arrestato l'architetto Marco Casamonti, uno dei sette indagati per corruzione nell'inchiesta sull'urbanizzazione dell'area Castello Most big U.S. banks "bankrupt" - By Jonathan Stempel, Reuters, Dec 11, 2008 Speaking by teleconference at the Reuters Investment Outlook 2009 Summit, the co-founder with George Soros of the Quantum Fund, said the government's $700 billion rescue package for the sector doesn't address how banks manage their balance sheets. While not saying how long the U.S. economic recession will last, he said conditions could ultimately mirror those of Japan in the 1990s. "The way things are going, we're going to have a lost decade too, just like the 1970s," he said Sherry Peel Jackson - Breaking The Invisible Shackles Of The IRS (video 1:41:52) Sherry Peel Jackson, former IRS agent still jailed because telling the truth! "Here before me was credible evidence that the American people are being robbed of their hard earned wages, that this fraud has been perpetuated for almost a century through fear and intimidation, and that our government is ignoring the cries of the people for answers to this crisis."  After many years of very public whistle-blowing and activism, including an appearance in the movie “America Freedom To Fascism” ( www.freedomtofascism.com ), the IRS and U.S. Department of Justice targeted Sherry with a massive harassment campaign, including execution of a search warrant at her home (while her young children were present) and an eventual criminal prosecution for misdemeanor “willful failure to file a tax return” charges. Colin Jackson described how Sherry was convicted on those charges, largely based on the testimony of IRS personnel, Sherry’s former colleagues, who claimed, falsely, that they never spoke to Sherry about her federal income tax inquiries... Two banks guilty in French money laundering case - By Thierry Leveque, Reuters, Dec 11, 2008 National Bank of Pakistan and small regional French bank Societe Marseillaise de Credit (SMC) were found guilty of money laundering on Thursday in one of France's most high-profile scandals Hamilton's Curse: How Jefferson's Archenemy Betrayed the American Revolution — and What It Means for America Today - Thomas J. DiLorenzoì, The Mises Review, Fall 2008  [fuggi-fuggi] INTESA SANPAOLO: MODIANO LASCIA - AGI, 12 dicembre 2008  The Canadian Coup - (text + video) LE BANCHE NON ASSUMERANNO PIU' DISABILI. L'ABI HA OTTENUTO L'ESENZIONE - di Raffaele Pirozzi e Giuseppe Biasco, Corriere del Web, 11 dicembre 2008 L'ASSOCIAZIONE DELLE BANCHE ITALIANE OTTIENE L'ESONERO DALL'ASSUNZIONE OBBLIGATORIA DEI DISABILI. "UNA VERGOGNA" . [bailout money] Citigroup, UBS Buying Back $30 Billion in Securities - Marcy Gordon, The Associated Press, December 12, 2008 Citigroup and UBS AG agreed on Thursday to buy back a total of nearly $30 billion in risky auction-rate securities that regulators said the banks marketed to customers as safe. Tens of thousands of the banks' customers bought the auction-rate securities before the $330 billion market for them froze in mid-February, the SEC said in announcing the final accords La véritable crise luxembourgeoise, c’est lui, Juncker ! - L'investigateur, 11/12/2008 Aucun pays n’est aussi dépendant du secteur financier que le Luxembourg. Fallait bien Juncker pour nous l’apprendre ! Former Taiwan president indicted - BBC, 12 December 2008 Mr Chen, his wife, and 12 others were indicted on charges of corruption, money laundering, embezzlement and document forgery charges, a spokesman for the prosecutors' office said [hedge fund] Usa: Madoff, ex numero uno Nasdaq, arrestato per frode da 50mld $ - Il Sole 24 Ore Radiocor, 12 dicembre 2008 Bernard Madoff avrebbe architettato una gigantesca frode piramidale da 50 miliardi di dollari attraverso un 'hedge fund' ombra. Se le accuse nei suoi confronti verranno accertate, sarà portata alla luce una delle piu' grosse truffe finanziarie della storia Somali Pirates to acquire Illinois Senate Seat - December 11, 2008 According to Pirate spokesman Ali Hashimi Mohammed, capital secured by Citigroup from the U.S. Treasury’s TARP program along with the booty of various captured ships is being used to finance a leveraged buyout of the seat previously occupied by President-elect Barack Obama GREEK PROTESTS SPREAD ACROSS EUROPE-DOES THIS MEAN THE END OF THE EU & MAYBE THE CITY OF LONDON? - By: Rayelan, RMNews, 11 December 2008 Are we seeing the beginning of the end for the European Union? And can this mean the End of the City of London and the Federal Reserve are not very far behind? Switzerland may have to print money to stave off deflation - By Ambrose Evans-Pritchard, Telegraph, 11 Dec 2008 The banking sector makes up 20pc of Swiss GDP, leaving the country extremely exposed to the credit crisis. The liabilities of Credit Suisse and UBS are equal to seven times national GDP. This has echoes of the situation in Iceland before the country collapsed, although Swiss banks have a much better mix of assets (really?)  Capitalist Fools - by Prof. Joseph E. Stiglitz, Global Research, December 11, 2008 12/11/08 - It's Always About the Money - by The Mogambo Guru, "According to the December 3rd Comex delivery report, there are 11,759 notices to take delivery. This represents 1.1759 million ounces of gold, while the Comex-approved warehouses hold 2.9 million ounces. Thus 40% of the total amount will have to be delivered by December 31st." Holocaust restitution fund spends NIS 30m of survivors' money on itself - By Tomer Zarchin, Haaretz, 10/12/2008 UN Blowback: More Than 650 International Scientists Dissent Over Man-Made Global Warming Claims - by Marc Morano, US-EPW, December 10, 2008 [Global default] Ohio sheriff orders deputies not to evict - AP, December 10, 2008 A sheriff in southwest Ohio has ordered deputies to ignore eviction orders when people have nowhere else to live BEGGAR-THY-NEIGHBOUR CURRENCY DEVALUATIONS - Christopher Story, 11 December 2008 POUND STERLING AND CHINESE YUAN ARE JUST THE BEGINNING. The following is a slightly expanded version of an article on the British financial economy that is scheduled for publication in the January 2009 issue of Economic Intelligence Review. Several credit insurers - Atradius, Amlin and Euler Hermes - are reportedly refusing to provide credit insurance to thousands of companies, with the United Kingdom severely affected. That means that many of these firms will be unwilling to take the risk of supplying bad payers among the larger firms with goods and components, which is another way of saying that the distribution and supply chain is showing signs of disintegration, as happened when Rome collapsed Ed ora, il governo mondiale - Maurizio Blondet, dicembre 10, 2008 D’accordo, ammette Rachman, l’idea è impopolare in USA e altrove. E che cosa importa? «Anche nella UE l’idea rimane impopolare. La UE ha sofferto una serie di umilianti sconfitte nei referendum, tutte le volte che i piani per una unione più stretta sono stati sottoposti ai votanti». Ma il progetto eurocratico «procede veloce quando accordi di grande conseguenza sono conclusi tra i tecnocrati e i politici, e poi imposti senza fare appello diretto ai cittadini. La “governance internazionale” tende ad essere efficiente solo quando è anti-democratica», perchè – spiega – «l’identità politica del cittadino medio resta testardamente locale» 12/10/08 - Emperor of the Gold Cartel - by The Mogambo Guru "Yeah! Emperor! That's it! Taking over the world where I could dispatch armies of bad-tempered underlings to fetch Alan Greenspan and ferret out all the people who aided and abetted him all those years, like this Bernanke creep, and bring them all to me!" 12/09/08 - Officially Screwed by the Real Inflation Rate - by The Mogambo Guru "Screw the 'official' inflation rate! But let's not dwell on an inflation rate of 20 percent, which means that prices will double in about three and a half years, because that kind of inflationary mayhem is the stuff of which revolutions, economic ruination and Embarrassing Mogambo Episodes (EME) are made! Yikes!" Lehman Brothers: indietro i soldi! - Beppe Grillo, 9 Dicembre 2008 Un gruppo di risparmiatori ha citato al Tribunale Civile di Milano Standard & Poor's, per un risarcimento di 3,9 milioni di euro per il capitale investito nei titoli Lehman "per aver diffuso e pubblicizzato informazioni errate sulla solvibilità della banca americana e per aver violato i principi e le norme di condotta a cui era tenuta." Abruzzo: un modello virtuoso - Antonio Di Pietro, 10 Dicembre 2008 Come primo atto abbiamo buttato 75 mila euro per consulenze a persone che ci spieghino cosa è la mafia. Paghiamo consulenze per sapere il sesso degli angeli invece di studiare una proposta di riorganizzazione, usare quei soldi per fare investigazioni La finanza islamica ci salverà - di Lorena De Vita, Megachip via peacereporter.net, 10/12/08 Con tutti gli "esperti" che ci sono, in occidente, non è ancora emersa una alternativa isituzionale competitiva...a parte le iniziative private di monete locali senza usura Yuti, la paura dell'élite - di Rodolfo Marusi Guareschi, 10 novembre 2008 U.S. to spend $850 million for Kandahar Air Field expansion - Graeme Smith, Globe and Mail, 09 Dec 2008 Engineers say they're planning an $850-million (U.S.) expansion of Kandahar Air Field in the coming year, approximately doubling the population of the sprawling facility to make it the largest military base in Afghanistan [American voice: Gee, if only U.S. infrastructure was in Kandahar, we'd be golden!] Financial Times Editorial Admits Agenda For Dictatorial World Government - Paul Joseph Watson, Prison Planet.com, December 9, 2008 Jaw-dropping report concedes that “global governance” is a euphemism for anti-democratic global government Squatters take over £1.75m Regency house and blame credit crisis - By John Bingham, Telegraph, 10 Dec 2008 Squatters have moved into a £1.75million Regency home, claiming they have nowhere else to live because of the economic downturn. Although most of its fixtures and furniture have been removed, the house still boasts a distinctive "King's toilet", a tall porcelain pan with mahogany fittings installed for Edward VII when he came to stay in 1908 to convalesce from illness. Then home to the king's daughter, Princess Louise, and her husband, the Duke of Fife, it was originally built as a grand bachelor pad for the sixth Duke of Devonshire in 1827  Greek fighting: the eurozone's weakest link starts to crack - By: Ambrose Evans-Pritchard, Telegraph, Dec 10, 2008 Hitler was so impressed by Greek bravery that he accorded Greek soldiers full military honours, almost the sole example among captive nations in the East TAX HAVENS AND THE VATICAN: Matthew 7:3 - Tim Ridley, CaymanNewsService, 12/08/2008 Ill gotten seigniorage revenue is routinely laundered in off shore countries like the Vatican HMN Breaking News: SANTA REQUESTS A BAILOUT DEAL - by Dr. Syberlux, 9 December 2008 In an unpresedent situation, CEO Claus, and other members of The Xmas Toy Industry went to Congress this week to ask them for a bailout deal. Mr. Claus was seen arriving in Washington D.C. at Dulles Airport. For fuel economy, he came with only six, instead of his normal eight tiny reindeer pulling his red Lear coporate sleigh Central America Pushes for One Currency - Carin Zissis, December 9, 2008 The leaders hammered out a 41-point economic agreement of “urgent measures,”including proposals to step up integration, food security, and investment. The countries also pitched the idea of creating a common currency Intervista esclusiva di Licio Gelli a Pandora TV - di Udo Gümpel e Philip Willan, Pandora TV Trilateral Plan to Corner World Gold Market? - By Patrick Wood, The August Review, December 9, 2008 Since 1973, Trilateralists have dominated the Executive Branch of the U.S. government with politicians like Jimmy Carter, George H. W. Bush, Bill Clinton, Al Gore and Dick Cheney. This has led to domination of the world trade mechanisms like the World Bank and negotiation of free trade agreements World Bank predicts global gloom - BBC, 9 December 2008 The World Bank has forecast a significant decline in global economic growth in 2009 for both developed and emerging countries Financial crisis: UK job losses - By Jamie Dunkley, Telegraph, 9 Dec 2008 Since the start of October, thousands of jobs cuts have been announced across all sectors of the UK economy. Here is a roundup of the major losses so far and where they have occurred BIS warns of collapse in global lending - By Ambrose Evans-Pritchard, Telegraph, 9 Dec 2008 The City of London has suffered a dramatic collapse in its core business as global lending falls at the steepest rate since records began, according to new figures from the Bank for International Settlements (BIS) Banks withdraw business overdrafts - By Richard Tyler, Telegraph, 8 Dec 2008 Business overdraft facilities are being withdrawn at a "significantly" higher rate than this time last year, the leading high streets banks have admitted to the Government. Where facilities remain in place, banks are scaling back the amounts they are prepared to extend The American Financial Regime - by Mike Whitney, Global Research, December 9, 2008 CARD CHECK: "You have nothing to lose but your chains". The whole system is a state subsidized operation buoyed on a taxpayer-provided flotation device which bears no resemblance to an invisible hand. More astonishing, is the massive power grab engineered by the Fed which has taken place without the slightest protest from 535 shell-shocked congressmen and senators. Elected officials have either kept their finger in the air to see which way the political wind is blowing or timidly caved in to Treasury's every multi-billion dollar demand. It's flagrant blackmail and everyone knows it Poll: Auto CEOs Not Worth $1 a Year - Borowitz Report, December 9, 2008 Would Be ‘Overpaid,' Survey Says FBI: widespread copper theft puts US infrastructure at risk - By John Timmer, 06-12-2008 Fortis réclame plus d'argent à BNP Paribas - L'investigateur, 08/12/2008 Des investisseurs ont largement critiqué la semaine dernière, lors des assemblées générales à Bruxelles et Utrecht, le démantèlement du groupe Poisoned Spring: EU promotes privatisation of water in developing countries - Steve McGiffen, SPECTREZINE, December 9, 2008 The European Union asked 72 WTO member states to open up water delivery and waste water management to international competition. This request was not made with the interests of people in developing countries in mind. Its aim was to help European Transnational Corporations to enhance their profitability (a better proposal would be: privatization is ok if they surrender monetary sovereignty to the people) Come to the Worst EU Lobbying Awards Ceremony 2008, 9th December 2008 in Brussels Illinois Governor Arrested on Corruption Charges - FOXNews.com, December 09, 2008 Illinois Gov. Rod Blagojevich and his chief of staff were arrested in Chicago Tuesday on two counts each of corruption charges relating to trying to sell President-elect Barack Obama's vacated Senate seat. He tried to cut links with BOA BANKSTERS...  12/08/08 - The $85 Billion Non-Event - by The Mogambo Guru So, if they introduce cash payments by increasing the money supply, prices will soon go up, and people will begin starving because prices are so high, making people riot. But if the government does not introduce cash payments for the poor, then the people will riot right now because they are starving since prices are already high! Hahahaha! An interesting choice! Gene Arensberg: Gold, silver short positions grow still more concentrated - Gata.org, December 8, 2008 Three banks or less are responsible for 67 percent of the commercial short position in gold, while one or two banks are responsible for 99 percent of the commercial short position in silver. This data is from the U.S. Commodity Futures Trading Commission itself -- the agency that recently wrote to gold and silver investors, asking them to produce any evidence of market manipulation. As silver market analyst Ted Butler and others have remarked, all the CFTC has to do in regard to market manipulation is explain its own data Deflation virus moves policy beyond 1930s - By Ambrose Evans-Pritchard, The Telegraph, December 6, 2008 The Fed can create money out of thin air and mop up assets on the open market, like a sovereign sugar daddy. "Sufficient injections of money will ultimately always reverse a deflation." The Fed can acquire houses, stocks, or a herd of Texas Longhorn cattle if it wants. It can even scatter $100 bills from helicopters. (Actually, Japan is about to do this with shopping coupons.) Cellphone shopping makes wallets redundant in Japan - By Sachi Izumi, Reuters, 11/11/2008 Now, imagine this tool linked to many local complementary currencies and a clearing/exchange system... Obama: Economy will get worse before it improves - By Leonard Doyle, The Independent, 8 December 2008 ...as it became clear that the country is moving into its deepest and longest economic downturn since the Second Punic War Illinois Governor pressures national bank to restore credit - WGN News, December 8, 2008 Gov. Rod Blagojevich announced today that the state of Illinois will cut all ties with Bank of America until it reinstates credit to the Republic Windows & Doors company Special situations heads at Goldman Sachs leave - Financial News, 12-7-08 Two co-heads of Goldman Sachs’ special situations group, the bank’s vast and secretive principal investment arm, have left GRECIA: SOLIDARIETA' PROTESTE ANCHE A LONDRA E BERLINO, TRE ARRESTI - ASCA-AFP, 8 dic 2008 Defaulting countries reach out to IMF and financial fixers - By Helia Ebrahimi, Telegraph, 08 Dec 2008 In the hangover of the credit crisis where neither Baugar nor Budapest are safe – the rescue business is seeing a comeback. No stateman is able to understand that they can simply print 'state bills' instead of borrowing 'private banknotes'.... Ha ha ha! Morons. Morgan Stanley M&A head MacDonald dead at 47 - Reuters, Dec 8, 2008 Gavin MacDonald spent his whole career at Morgan Stanley, joining the firm as a financial analyst in 1983 with a first-class degree in law from Cambridge University. He rose to managing director in 1997, and vice chairman in 2004 Company crashes set to hit record next year - By Richard Milne and Anousha Sakoui, Financial Times, December 7, 2008 In western Europe the larger number of small companies mean insolvencies are expected to rise by a third from 149,000 last year to 197,000 next La vente de Fortis, un parcours semé de bévues juridiques qui risque de la rendre tout simplement illégale - L'Investigateur, 07/12/2008 Merchants of Death: Exposing Corporate Financed Holocaust in Africa - by Keith Harmon Snow, Global Research, December 7, 2008 Royal Bank of Scotland secretly charged 80% interest on loan creating fake accounts - Georgia Warren and Jon Ungoed-Thomas, The Sunday Times, December 7, 2008 Anger as Mandelson threatens to sue HBOS merger challengers - By Tom Gordon, Sunday Herald, December 07, 2008 Motorola downgraded to junk status by S&P - Christine Seib, Times Online, December 5, 2008 Ratings agency downgrades Motorola on worries about the impact of the global financial crisis on mobile phones Fed Deploys Every Trick in the Book to Avert Another Great Depression - By: Mike Whitney, The Market Oracle, Dec 07, 2008 [seigniorage laundering] Bailed-Out Bank Goes on Toll Road Buying Binge - theNewspaper, 12/1/08 Bailed out Citigroup fund spends $10 billion buying 44 foreign toll roads Monétisation de la dette, ou la transgression du tabou de l’argent - Contre Info, 3 décembre 2008 Au-delà de l’urgence et de la nécessité de l’action, les décisions prises aujourd’hui préfigurent de toute évidence la nouvelle configuration des rapports de force qui prévaudront demain. D’une part à l’intérieur des économies nationales, entre capital et travail, et d’autre part à l’échelle du monde, entre créditeurs et débiteurs. A ce titre, la Chine, lourdement chargée en créances en dollars, première victime potentielle d’une éventuelle politique de dévaluation de la devise US - est en première ligne Somalia: Another CIA-Backed Coup Blows Up - By Mike Whitney, Information Clearinghouse, December 02, 2008 When the Asian tsunami of Christmas 2005 washed ashore on the east coast of Africa, it uncovered a great scandal. Tons of radioactive waste and toxic chemicals drifted onto the beaches after the giant wave dislodged them from the sea bed off Somalia. Tens of thousands of Somalis fell ill after coming into contact with this cocktail. They complained to the United Nations (UN), which began an investigation Grecia. Guerriglia dopo che la polizia ha ucciso un 15enne, a Salonicco - AgenziaMI, 2008-12-07 Una diecina di banche ed esercizi commerciali sono stati dati alle fiamme questo pomeriggio a Salonicco, la seconda città della Grecia Energia, altro treno perso - Antonio Di Pietro, 6 Dicembre 2008 Le lobby economiche dell’energia sono profondamente colluse con il sistema di controllo politico da cui ricevono agevolazioni. L’Italia, grazie a queste scelte contrarie all’ambiente e allo sviluppo economico è sempre più isolata in Europa e nel mondo Crackdown on "death-trap" pedicabs - Metropolitan Police Service, 5 December 2008  Italia: neoborbonici chiedono un miliardo di euro ai Savoia - swissinfo.ch, 6 dicembre 2008 Il Movimento Neoborbonico annuncia una richiesta giudiziaria "per i primi danni nazionali provocati dai Savoia": si tratta dei 443 milioni di lire-oro "trafugati nel 1861 nel Banco di Napoli e di Sicilia", pari - secondo i promotori - a circa un miliardo di euro, da destinare all'incremento di offerta di lavoro nel Sud Fed Gambles Trillions to Stabilise Financial System - By: Anthony Cherniawski, The Market Oracle, Dec 06, 2008 Obama 'to rebuild crumbling US' - BBC News, 6 December 2008 "We will create millions of jobs by making the single largest new investment in our national infrastructure since the creation of the federal highway system in the 1950s," he said (but the largest problem remaining is sharing the products of the work...) Malaysia raises gold dinar proposal again - The New Straits Times, December 6, 2008 Malaysia wants Organisation of the Islamic Conference member countries to reconsider the use of the gold dinar for trade, especially with uncertainties in the international currency market California Eyes IOUs for Second Time Since Depression - By Michael B. Marois and William Selway, Bloomberg, Dec. 5, 2008 The warrants would be given to landscapers, carpet cleaners, construction firms, food-service companies and other state vendors. They would pay an interest rate of as much as 5 percent, based on state law. California last issued the IOUs in 1992 when lawmakers and then-Governor Pete Wilson deadlocked on a budget for 61 days past the start of the fiscal year Ore 16:20 diretta streaming da Bologna - Antonio Di Pietro, 6 Dicembre 2008 La patata bollente da 98 miliardi - Beppe Grillo, 5 Dicembre 2008 Due settimanne fa, a Milano , è stata arrestata una signora italiana, incensurata, per aver rubato qualche decina di euro di cibo perchè aveva fame. Li sentite i bufali? Il loro zoccolo è sempre più pesante... 12/05/08 - U.S. Hyperinflation Right Around the Corner? - by The Mogambo Guru "Hell, everybody with any brains knows that if the government keeps creating more and more debt-money, then consumer prices will rise exponentially and the economy will be ruined, just like Zimbabwe today…" [cleptocomio] Il sindaco di Firenze si arresta da solo - Reuters, 6 dicembre 2008 Il sindaco di Firenze Leonardo Domenici si è incatenato oggi davanti alla sede del gruppo l'Espresso, che ospita la redazione centrale del quotidiano la Repubblica Petrolio: Brent sotto i 40 dollari al barile, minimi da gennaio 2005 - Il Sole 24 Ore Radiocor, 05 dic 2008 Ad losses send industry into a tailspin - By David Olinger, The Denver Post, 12/04/2008 Across the United States, more than 30 daily newspapers are for sale, and buyers are scarce. "The heart of the matter is losing classified advertising to various electronic competitors," said Rick Edmonds, a media business analyst at the Poynter Institute in Florida. "First, it was gradual. Now, it's precipitous." First Georgia Community Bank, Jackson, GA - By Tony, The Bank Implode-O-Meter, December 5th, 2008 As 2008 comes to close the FDIC bank seizures inches toward 30 with number 23 First Georgia Community Bank, of Jackson, GA getting shut down tonight. On December 5, 2008, First Georgia Community Bank, Jackson, GA was closed by the Georgia Department of Banking and Finance and the Federal Deposit Insurance Corporation (FDIC) was named Receiver. No advance notice is given to the public when a financial institution is closed ULTIMA ORA : SUICIDIO PER IL BANCHIERE SVIZZERO ALEX WIDMER ? - FinanzaInChiaro, 05/12/2008  Bank Julius Baer CEO commits suicide - Reuters, Dec 5, 2008 Alex Widmer, the Chief utive Officer of Bank Julius Baer has died unexpectedly at age 52. In February, the bank attempted, unsuccessfully, to sue Wikileaks in the United States over whistleblower revelations pertaining to the bank's Cayman Islands operations... Julius-Bär-Chef hat Selbstmord begangen - von Lukas Hässig, 20minuten.ch, 05.12.08 Mortgage Delinquencies, Foreclosures Rise to Record . By Kathleen M. Howley, Bloomberg, Dec. 5, 2008 One in 10 American homeowners fell behind on mortgage payments or were in foreclosure during the third quarter as the world’s largest economy shed jobs and real estate prices tumbled Si levan forti delle voci - Ascanio, AgoraVox, 5 dicembre Una riforma completa del sistema economico con la riappropriazione da parte dei cittadini del SIGNORAGGIO sui soldi così da non morire di fame o strangolati dai debiti o ritrovarsi a lavorare 24 ore al giorno solo per sopravvivere Market intervention is top financial story of our generation - By John Crudele, New York Post, December 4, 2008 The blueprint is for the government to change the negative tone of the market by purchasing stock index futures contracts when nobody else is willing to step in as the market's savior. California's car crisis (video) - 4 December 2008 Unsold luxury cars are stacking up in storage at CA ports and in showrooms. No sales. Bank of England mulls "nuclear option" of cash injection - By Edmund Conway, Telegraph, 05 Dec 2008 The Bank of England is working on radical plans to inject cash directly into the economy - the nuclear option to be used only when interest rates approach zero. The idea is to increasingly indebt the UK people until they resolve to relocate on Mars New Securities Exchange Commission regulations fail miserably to address the real issues - by Andrew Hughes, Global Research, December 4, 2008 Like Paulson with his "bailouts", the SEC shows as much enthusiasm to fix the problems that urgently need to be addressed. But, then again, the symbiotic relation between the "regulators" and the "regulated" must continue in order to pick the last piece of meat off the bones of the fallen. It will only be then, when nothing remains to be scavenged, that we can expect a giant Mea Culpa on their behalf..."We never saw it coming" Wealth of Nations- Government Assets Minus Liabilities - By: Mike Hewitt, Market Oracle, Dec 05, 2008 The intent of this article is to compare the net wealth of selected nations. The net wealth figures (actually labeled as 'Net Debt') for the G-7 nations (US, Japan, Germany, UK, France, Italy and Canada) can be found on the International Monetary Fund website U.S. Economy Disintegrating as Government Supports Zombie Banks - By: Jim Willie CB, Market Oracle, Dec 04, 2008 - 05:07 PM The US financial structure deeply invests in failure, and is fully committed to the ruling elite, to the exclusion of the mainstream public. Ever since Clinton appointed Robert Rubin of Goldman Sachs to the post of Secy Treasury in 1992, the US Economy and US financial structure has suffered mortally wounds. That decade of prosperity was stolen from Fort Knox, a major piece to the Strong Dollar Policy having been the gold carry trade enacted by Rubin. These insiders borrowed gold at a lease rate pushed down by Rubin, and bought USTreasury Bonds. Since borrowing costs were the biggest component to business profitability, economic growth ensued. Time revealed the gaping wounds, however. Their actions over eight years resulted in a stock boom and bust, a clear and loud signal Internet non ha bisogno di Berlusconi - Antonio Di Pietro, 4 Dicembre 2008 L’Italia è l’unico Paese dell’UE dove il numero delle famiglie che accedono alla Rete diminuisce da un anno all’altro secondo il rapporto Eurostat. Un evento mai successo, a mia conoscenza, nel mondo da quando esiste Internet. Nell’ultimo anno l’Italia è passata al 42% delle famiglie dal 43%. Siamo stati superati da tutti tranne che, ma forse ancora per poco, da Bulgaria e Romania. L’Italia è al 42% mentre l’Olanda è all’86%, la Svezia all’84%, la Danimarca all’82% e la Germania al 75% [tracking seigniorage masters' accounts] Liechtenstein lifts secrecy in deal with United States - Reuters, December 4, 2008 Prince Nikolaus, a member of the ruling royal family, has brokered this 'new deal' which amends these bank secrecy rules. When investigating a tax dodge, the U.S. will now be entitled to bank account information in this tiny Alpine nation U.S. to Accelerate Approval of Investments by China's Banks, State Funds - By Li Yanping and Rebecca Christie, , Dec. 5, 2008 The U.S. agreed to speed up approvals for Chinese financial institutions seeking to invest in the country, as Treasury Secretary Henry Paulson tries to find ways to unlock frozen credit markets and stabilize banks... Torino: «Stop alle spese». Anziani e barboni restano “a secco” - CronacaQui.it, 05/12/2008 È la prima volta che capita una cosa del genere ed è gravissimo: i sintomi sono evidentemente quelli di un Comune in bancarotta. Perché allora non emettere dei buoni sociali/locali al puro costo tipografico? O si preferisce continuare a selezionare la specie predatoria? Debito pubblico solido. Tremonti invita a comprare Bot e Cct - Filippo Caleri, Il Tempo, 05/12/2008 Invece di emettere biglietti di stato a corso legale, evitando il debito pubblico, Tremonti iniste nella politica del debito odioso per accelerare il crollo del sistema che porterà all'estinzione dei cleptosauri. Una mente raffinatissima, non c'è che dire Analyzing the Credit Crisis: Was the SEC Missing in Action? - John C. Coffee Jr., New York Law Journal, December 5, 2008 What responsibility does the SEC bear for not resisting the steady slide of the major investment banks into insolvency? Italia: «Metà delle famiglie a rischio default» - Corriere della Sera, 5 dicembre 2008 Il Censis evidenzia anche la preoccupazione delle famiglie di fronte alla crisi: interpellati ad ottobre 2008, il 71,7% degli italiani pensa che il terremoto in corso possa avere delle ripercussioni dirette sulla propria vita, mentre solo il 28,3% dichiara di poterne uscire indenne Lawsuit claims Citigroup was running a “quasi-Ponzi scheme” - Bloomberg News, Dec. 4, 2008 Citigroup Inc., the second-biggest U.S. bank by assets, was accused in a lawsuit of repackaging unmarketable collateralized debt obligations it held and re-selling them to itself in order to hide its exposure to the securities Compagni Spa - di Gianluca Di Feo, l'Espresso, 4 dicembre 2008 Firenze, Napoli, Roma, Genova, Perugia. L'ondata di inchieste mostra il potere dei comitati d'affari. E rischia di travolgere le giunte rosse. Ora il Pd si trova a fare i conti con gli scandali A Fateful Turn: The New American Command-and-Control Economy - by Jacob Steelman, December 5, 2008 As silly as it now seems there was once created a fear of the electric light bulb as it began to replace gas lighting around the turn of the century. Large placards were often displayed in hotel rooms warning of the dangers from these new electric light bulbs. The underlying premise of all this protectionism is that the consumer is too stupid to know what he or she wants and too stupid to make informed decisions on the basis of each consumer’s needs and value judgments WHAT POLITICIANS DARE NOT SAY - By Tim Jackson, New Scientist (pg. 42), October 18, 2008 If we do not go out shopping, then factories stop producing, and if factories stop producing then people get laid off. If people get laid off, then they do not have any money. And if they don't have any money they cannot go shopping. A falling economy has no money in the public purse and no way to service public debt. It struggles to maintain competitiveness and it puts people's jobs at risk. A government that fails to respond appropriately will soon find itself out of office Canada halts parliament amid row - BBC, 4 December 2008 Opposition parties had called the vote for Monday, accusing the government of failing to shore up the economy. Governor General Michaelle Jean agreed to prorogue - or suspend - parliament until 27 January when the government is set to present its budget.. 12/03/08 - Tax Revenue Fails to Deliver - by The Mogambo Guru "The worse news, from the standpoint of a whole cornucopia of governments and taxing authorities that have sprung into being over the last 40 years, is that these kinds of 'fails to deliver' things are losses, and losses are deductible against taxable gains…" CNN Censors Federal Reserve Rant? - Paul Joseph Watson, Prison Planet.com, December 4, 2008 Peter Schiff identifies real cause of financial disaster, CNN cuts the feed Jobless rolls at 26-year peak, factory orders drop - Reuters, December 4, 2008 12/4/2008 Gold/Silver Ratio: 80.27 - Conferenza su "Sovranità monetaria, signoraggio e moneta complementare" mercoledì 3 dicembre alle 18:00 in Via di Santa Zita 2 (dietro a Corso Buenos Aires) a Genova Rob Kirby: Shock and awe at Comex - December 1, 2008 In a new analysis at Jim Puplava's Financial Sense Internet site, GATA consultant Rob Kirby of Kirby Analytics in Toronto examines the increasingly obvious fraud of the New York Commodities Exchange's gold and silver markets and the evidence that much more real metal than usual may be withdrawn from the exchange this month Investment banks set to cut 30,000 jobs - By James Quinn in New York and Jonathan Sibun in London, Telegraph, 04 Dec 2008 Up to 20,000 jobs look set to be lost as a result of the imminent merger of Merrill Lynch and Bank of America, as a further 10,000 job losses were announced across the investment banking fraternity... Richard Cook: Economic Reform - RMN, 4 December 2008 Says Cook, “There’s no need to talk about conspiracy theories--they’ve been wide open about what their program is.” In 1991 David Rockefeller said the world bankers and intellectual elite are going to replace the nation state Sir Evelyn de Rothschild calls for action - BBC, 1 December 2008 Miliardari di tutto il mondo, unitevi! Tremonti, allarme per i titoli di Stato. E Sacconi: "Rischio sui conti" - La Repubblica, 3 dicembre 2008 La risposta è: BIGLIETTI DI STATO A CORSO LEGALE Credit Suisse: taglia 5300 posti di lavoro - Teleborsa, 4 dicembre 2008 Magari ora avranno un po' più di tempo per approfondire il tema affascinante del credito sociale... France: Towards the foundation of a New Anti-Capitalist Party - by Pierre Rousset, Spectrezine, December 3, 2008 The political impact of the New Anti-Capitalist Party (Nouveau Parti anticapitaliste or NPA) process is quite important. In a number of places, this new political party in construction is already de facto replacing the French Revolutionary Communist League (Ligue communiste révolutionnaire or LCR) and is very active Investors accuse Citi execs of "suspicious" trades - By Martha Graybow, Reuters, December 3, 2008 The allegations were made in a nearly 500-page court complaint filed by shareholders who are suing the bank for fraud related to its disclosures over mortgage-linked securities. The complaint was filed late Monday in U.S. District Court in Manhattan Class Action Demands Countrywide Repay Hedge Funds for Losses - Rachel Breitman, The American Lawyer, December 3, 2008 A New York litigation boutique filed a class action suit Monday against Countrywide Financial Corp. on behalf of investors in 374 securitization trusts that suffered losses due to Countrywide's $8.4 billion settlement with 15 states' attorneys general Torino: Mafia negli uffici pubblici - Stefano Salvi, 3 dicembre 2008 Irregolarità, documenti falsi e atti nulli con la complicità di Ctu, Catasto, notaio [global default] CIC Won’t ‘Dare’ Invest in Financial Firms, Lou Says - By Nipa Piboontanasawat and James Peng, Bloomberg, Dec. 3, 2008 “I don’t dare to invest in financial institutions now,” Lou Jiwei, chairman of China Investment Corp., said today at a conference in Hong Kong. “The policies of the developed nations on these institutions are not clear. Until they are clear, I don’t dare to invest in them. What if they go bust? I will lose everything.” St. Louis City Leader Says Police Ineffective, Tells Residents to Get Armed - FoxNews, December 02, 2008 "The community has to be ready to defend itself, because it's clear the economy is going to get worse, and criminals are getting more bold," Troupe, 72, said Tuesday UN recommends massive economic packages to tackle downturn - Chicago Tribune, December 2, 2008 The United Nations on Monday recommended huge economic stimulus packages to tackle the fallout of a global slowdown Desperate times call for zero rates from Fed - Gerard Baker, The Times, December 2, 2008 Credit Suisse and HSBC said to be under US probe over offshore private banking - The New York Times, 2 Dec 2008 The US Department of Justice has broadened its criminal investigation into overseas lenders that sell offshore private banking services to include Credit Suisse and HSBC, sources said FSA chief signals 'intrusive' approach in regulating banks - Financial Times, 2 Dec 2008 Hector Sants, the chief executive of Financial Services Authority, has said that the City watchdog will now assume a "more intrusive approach” towards regulating banks I Padroni del Denaro (video Youtube) - L'inchiesta web, SCENARI di Roberto Reale, RaiNews24 Manca completamente la spiegazione sulla creazione del denaro-debito dal nulla tramite la riserva frazionale 12/02/08 - A Hitchhiker's Guide to Under-Priced Oil - by The Mogambo Guru The Federal Reserve creates, at its whim, credit in the banks, which becomes money when someone borrows it from a bank, for which the borrower owes both the principal and interest. The borrower owes more than was borrowed! Hahaha! Do you understand the significance of knowing that every dollar you have is not enough to pay back what you owe? Hahahaha! U.S. Economy Continues Campaigning For Barack Obama - The Onion, December 2, 2008 "According to the most recent data, Obama's edge continues to grow among those who just lost their jobs and have no idea how they're going to feed their children, as well as among citizens who are freezing to death on the streets at this very moment." Swiss central bank seeks new tools in zero-interest world - By Joshua Gallu, Bloomberg News, December 2, 2008 The Swiss National Bank is becoming the first central bank in Europe to learn what it's like to live in a zero interest-rate world Bringing 'Foreign-Cubed' Actions in American Courts - Douglas R. Jensen, Special to Law.com, December 2, 2008 The 2nd U.S. Circuit Court of Appeals, in a recent case of first impression, considered whether a securities fraud complaint brought by foreign plaintiffs against foreign issuers based on foreign stock purchases -- a set of circumstances sometimes dubbed a "foreign-cubed securities case" -- could be heard by a U.S. federal court. The answer provided by the 2nd Circuit: under the right circumstances, yes Bush administration ignored clear warnings - Associated Press, Dec. 1, 2008 Under pressure from banking industry, U.S. government eased lending rules  London Scottish Bank collapses - Times Online, December 1, 2008 London Scottish Bank, the lender which specialises in customers with poor credit histories, plunged into administration this morning after regulators stopped the group from accepting customer deposits Dow Plunges 680 Points as Recession Is Declared - By MICHAEL M. GRYNBAUM, NYTimes, December 1, 2008 In six and a half hours on Monday, the Standard & Poor’s 500-stock index declined nearly 9 percent — the type of collapse that, historically, has taken years to occur Bailouts Now Expanding to Consumers - By: Peter Schiff, The Market Oracle, Dec 01, 2008 Credit-card industry may cut $2 trillion lines: analyst - Reuters, Dec 1, 2008 Citizens Call for Massachusetts to Assert Her Constitutional Sovereignty - Boston Tea Party '08, December 1, 2008 Following the November 22, 2008 Boston Rally to End the Fed, Liberty Groups, elected representatives and taxpayers alike will be calling for Massachusetts legislators to re-state the Commonwealth's Sovereignty 12/01/08 - Laughable "Loans" to Prevent the Bust - by The Mogambo Guru "I have some bad news for the U.S. government; the taxpayers are not prepared to loan anything to anybody! Hell, total debt-to-GDP is over 350% already, maybe 450%, which is, either way, the highest, by far, of anything I've seen in U.S. history…" Bernanke Says Fed May Buy Treasuries to Aid Economy - By Scott Lanman and Vivien Lou Chen, Bloomberg News, December 1, 2008 THE ROCKEFELLER PLAN - By Dennis L. Cuddy, NewsWithViews.com, December 1, 2008 With the beginning of the 20th century, Theodore Roosevelt was president and came to be known as a “trust buster” against Rockefeller’s Standard Oil and others, but major corporations that were split up still had interlocking directorates. Thus, Rockefeller’s power was maintained The Power Elite Playbook, Corporate Generals - By Deanna Spingola, 30 November 2008 Taft supported the unconstitutional 16th Amendment of February 3, 1913, which allows the privately owned IRS to collect income tax designed to pay interest on the fiat money that the Federal Reserve, also privately owned, prints IF WE DON'T LEARN FROM HISTORY... - By Marilyn Barnewall, NewsWithViews.com, November 28, 2008 Once all 50 states allowed branch banking, the Comptroller decided it was okay for banks to use bank holding companies to establish banks in other states… a direct violation of the McFadden Act. Suddenly, we saw First Interstate Banks all over the western United States. We saw NationsBank of North Carolina owning banks in Florida and Citibank moved into California and Arizona. Until this time, the McFadden Act prevented interstate branch banking – intrastate branch banking laws were controlled by each state. To my knowledge, the McFadden Act has never been over-turned… just ignored by the Congress.... Shut Down The
Federal Reserve System (sign the petition) 2008 NOVEMBRE 2008 OTTIOBRE 2008 SETTEMBRE 2008 AGOSTO 2008 LUGLIO 2008 GIUGNO 2008 MAGGIO 2008 APRILE 2008 MARZO 2008 FEBBRAIO 2008 GENNAIO 16-31 2008 GENNAIO 1-15 2008 2007 2006 2005 "When a government is dependent upon
bankers for money, the bankers — not the leaders of the government —
are in control"
- Napoleon Quando una nazione non ha, o non può
ottenere, la quantità di derrate occorrente al suo popolo, è una
nazione povera. Quando quelle derrate esistono e il popolo non può
procurarsele con il lavoro onesto, lo Stato è marcio, e non bastano le
parole per dire quanto è marcio. - Ezra Pound
SE LA
BANCA RIFIUTA DI DARVI IL CONTANTE,
CHiAMATE IL 112 E FATE VERBALIZZARE LO STATO
D'INSOLVENZA(When the total nation hasn't or cannot obtain enough food for its people, that nation is poor. When enough food exists and people cannot get it by honest labour, the state is rotten, and no effort of language will say how rotten it is.) Sin dall'unificazione dell'Italia, la politica deliberata dei governi fu quella di mantenere il popolo nell'ignoranza e di oberare le famiglie con tasse abbastanza alte affinché dovessero arrabattarsi per sopravvivere. Questo le teneva tanto occupate da non potersi chiedere a chi effettivamente spettasse il diritto sovrano di batter moneta ed i benefici ad esso connessi. Nel periodo fra le due guerre mondiali è stato il Governo a dirigere direttamente, tramite il Ministro del Tesoro, la politica del Debito Pubblico. Dopo la seconda Guerra Mondiale, è stata la Banca d'Italia, in pratica, a gestire l'indebitamento. Dalla fine della seconda guerra mondiale (primo presidente della Repubbica proveniente da BANKITALIA), lo stato italiano ha evitato accuratamente di spiegare alla gente la differenza tra monetaggio (costi puri di emissione) e signoraggio (potere d'acquisto al valore facciale) e questo con lo scopo preciso di nascondere l'enorme truffa che si cela dietro l'attuale emissione della massa monetaria (iniziata con le AM-LIRE e proseguita con le banconote cartacee ed il credito a vista denominato in euro) che oggi va ad esclusivo favore di soci (occulti e non) di banche private (BCE, Bankitalia, Mediobanca, IntesaSP, Unicredit, etc. etc. - tutta gente che verrà chiamata a rispondere, prima o poi...) creando una massa enorme di debito pubblico, ripudiabile come debito odioso. La malafede venne santificata attraverso l’art. 75.3 Cost. che prevede espressamente che “non è ammesso il referendum per le leggi tributarie e di bilancio, di amnistia e di indulto, di autorizzazione a ratificare trattati internazionali” - tipo Maastricht (Il trattato di MATRIX). Il fatto che lo Stato non siamo noi è evidenziato dal cosiddetto Segreto di Stato - altrimenti ne conosceremmo i contenuti. Più che "Segreto di Stato" occorrerebbe denominarlo "Speriamo che non ci bécchino!". Nel 2000 su internet c'erano solo 17 pagine che parlavano di signoraggio (rendita monetaria effettiva, ben diversa da quella dichiarata dalle banche), oggi ce ne sono già più di 220.000... esiste un rischio mortale per una repubblica corrotta, a causa della collettiva, progressiva, inesorabile presa di coscienza da parte della popolazione (moral hazard). Questo sito ha lo scopo di seguirne gli sviluppi e lasciarne una traccia storica a futura memoria e mònito. * Schema del flusso e riciclaggio: PMI, lavoratore dipendente o pensionato --> tasse --> Equitalia SpA --> Ministero economia --> strumenti usurai d'indebitamento pubblico --> banche private, SIM, clearing houses --> SPECTRE --> paradisi fiscali... --> cleptosauri? politici corrotti? giornalisti? campagne elettorali? magistrati e avvocati? mezzi di comunicazione? operazioni false-flag dei servizi? guerre umanitarie all'uranio? pifferai magici? spin-doctors? ricchi premi e cotillons? * Sentenza-vergogna che confonde il diritto con la politica: Sezioni Unite dalla Cassazione, sentenza n. 16751 del 21 luglio 2006 Diritto Internazionale: “Il
malcontento è grave, un senso di malessere si diffonde in tutte
le classi della società. Le sorgenti della ricchezza vanno a
disseccarsi. Noi facciamo il lavoro di Tantalo o di Penelope. Il signor
Rothschild, re del milione, è, finanziariamente parlando, re
dell'Italia"  "Les vrais
mafieux lisent le Financial Time ou le Wall Street Journal"
Voilà ce qu’écrivait Denis Robert dans « une affaire personnelle » sorti en avril dernier... "Certains banquiers sont comme les barons de Cosa nostra. Ils démarrent soldati, montent en grade. Capodecina, consigliere. Pour finir : capo dei capi. Ils agissent, mais ne parlent pas. L’omerta est la règle. La discipline dans les deux cas est militaire. Je ne parle pas des chefs d’agence ou des petits banquiers. Eux ce sont des soldats. Je parle de leurs généraux. Je parle des types à la tête des banques." Our
vision is to become the premier
government contractor for Economic Counterintelligence
to support our country’s fight against real terrorism The objectives of strategic analysis at the CSM include— • Disseminating information on seigniorage-laundering trends and methods to law enforcement, regulatory agencies, and the public. • Assessing industry, geographic, and other systemic seigniorage-laundering vulnerabilities. • Undertaking research and analysis to identify newly emerging or inadequately understood seigniorage-laundering methodologies. • Providing support to federal, state, local, and international law enforcement efforts in connection with illicit funds movement methodologies associated with complex financial or seigniorage-laundering investigations. • Providing feedback to the European community on the use and utility of suspicious activity reports. • Assisting governments during irregular warfare operations (see: irregular warfare definition, below). Irregular warfare. A violent struggle among state and non-state actors (i.e. government agencies and private/foreign bankers) for legitimacy and influence over the relevant population(s). Irregular warfare favors indirect and asymmetric approaches, though it may employ the full range of military and other capacities, in order to erode an adversary’s power, influence, and will. |
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