Month: April 2013
Illustration by Victor Juhasz
By Matt Taibbi, Rolling Stone – April 25, 2013
Conspiracy theorists of the world, believers in the hidden hands of the Rothschilds and the Masons and the Illuminati, we skeptics owe you an apology. You were right. The players may be a little different, but your basic premise is correct: The world is a rigged game. We found this out in recent months, when a series of related corruption stories spilled out of the financial sector, suggesting the world’s largest banks may be fixing the prices of, well, just about everything.
You may have heard of the Libor scandal, in which at least three – and perhaps as many as 16 – of the name-brand too-big-to-fail banks have been manipulating global interest rates, in the process messing around with the prices of upward of $500 trillion (that’s trillion, with a “t”) worth of financial instruments…
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Great information from USA
The short answer is: maybe.
On Wednesday, during the Senate Banking Committee hearing, Senator Elizabeth Warren grilled Federal Reserve Chairman Ben Bernanke on the $83 billion implicit subsidy that big banks receive from low interest rates. That night, Fox Business News’ Gerri Wilson misquoted the figure, expressing outrage over the “$83 trillion dollars, you know, I can’t get over that number.”
Both women were alluding to the $83 billion figure calculated by the Bloomberg View’s editorial team last week. This “too big to fail” (TBTF) subsidy refers to the advantage that big banks receive in borrowing because creditors assume the government will bail them out should they fail.
As the debate over how to address risk in the financial system continues, the question over the existence and the size of this subsidy will doubtlessly be revisited time and time again. Understanding the rationale behind these figures is important for informing…
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An informative article. Congrats for your efforts.
For the past 17 years in a row, I have attended the Armenian Genocide Commemoration Protests in Canada’s Capital Ottawa, but this year I could not attend due to personal reasons that I missed out this year, however throughout the day I had friends update me on what is happening in Ottawa for the April 24, 1915 Armenian Genocide Commemoration March from Parliament Hill then Marching to the Turkish Embassy to keep me in the loop.
Little did I know that in the history of My Attendance in Ottawa for the Armenian Genocide March went into a total new twist and for the first time ever Turkish people that showed up at their Embassy celebrating the Armenian Genocide by killing 1.5 Million Armenians By raping, hanging, and doing so many terrible things to Armenians, evicting them out of their homes, making them walk in the dessert when they got tired…
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False Flag Time : Time is ripe and Putin and Castro Think so : Financial collapse and 180 Countries join ranks against the G5 war mongerers : Perfect timing to hide all multitude of headlines that keep coming :
- Google Trends Shows Unprecedented Interest in “False Flag” Search Term Since Last Week (dprogram.net)
- US most obvious false flag attack yet (pakalertpress.com)
- Early Evidence Indicates Boston Bombing Was a False Flag (pakalertpress.com)
Offshore Banking Scam : Named and shamed : Thousands of people named : Dozens of countries and dozens of Journalists group together to bring the corrupt system down : What’s In Your Wallet ?
The full file report here:-
- Super-Rich Tax Havens Exposé: The After-Effects (aquariusparadigm.com)
- Super-Rich Hide Their Wealth Through False Company ‘Directors’ (aquariusparadigm.com)
- Massive offshore tax haven account leak includes names of 450 wealthy Canadians (business.financialpost.com)
- SURPRISE-Fresh leaks reveal outrageous corruption among political leaders (theinternetpost.net)
- Secret Files Expose Offshore’s Global Impact (dprogram.net)
- Super-Rich Hide Their Wealth Through False Company ‘Directors’ (goldenageofgaia.com)