Archive for the ‘Banksters’ Category
“Federal Reserve chairman Ben Bernanke appeared incredibly nervous during an interview aired last night on PBS’ NewsHour, particularly during a question on the ongoing effort to pass legislation that would see the Fed’s books being opened up to a general audit. In a display that will greatly encourage those who continue for push for greater transparency of the privately run Fed’s actions, Bernanke stammered and stuttered his way through the interview, his voice shaking as he attempted to rail against calls to audit the Fed, reciting now familiar and standard lines of propaganda.
‘There’s an effort in Congress, and in the House in particular, to audit what the Federal Reserve does, particularly in monetary policy. How do you feel about that?’ asked PBS’ Jim Lehrer. ‘So that bill, people don’t fully understand what that bill is about. It sounds like, audit the Fed, it sounds like ‘Let’s look at the books.’ That’s what it sounds like.’ Bernanke spluttered…”
source: infowars.com
“The EU is about to enter talks with the US on giving it access to banking data in its fight against terrorism. German politicians from across the political spectrum are up in arms, and members of the European Parliament say they will try to scupper any deal that violates data privacy.
US anti-terror officials want to be able to continue examining Europeans’ financial transactions, and it appears likely that the European Union is going to comply.
On Monday, foreign ministers of European Union member states gave their approval for the European Commission and Sweden, which currently holds the six-month rotating EU presidency, to negotiate an agreement with Washington that would allow it to scrutinize European citizens’ banking data. However, there is a growing wave of criticism from across the political spectrum in Germany and from the European Parliament…”
source: spiegel.de
“The feds are spending tens of millions of stimulus dollars to repair and build toilets across the nation, in an outflow of taxpayer funds that critics have branded ‘potty pork.’
From humble sylvan outhouses to ‘historic’ restrooms, cash from the $787 billion stimulus is going to spruce up or completely replace aging toilets, government releases show.
In New Mexico alone, the feds are spending $2.8 million for toilets in national forests. “
source: nypost.com
“Divisions between the administration of Barack Obama, the Federal Reserve and key regulators came to a head on Friday as officials debated plans to overhaul the US regulatory system.
Tim Geithner, Treasury secretary, said there was ‘a lot of dumb regulation in our country’ and urged lawmakers to enact quickly the administration’s plan to reform the system, in spite of resistance from the financial industry and other regulators.
‘Every financial crisis of the last generation has sparked some effort at reform, but past attempts began too late, after the will to act had subsided,’ he told the House financial services committee, which will start drawing up legislation in September. ‘That cannot happen this time’…”
via financialtimes.com
“For more than half a century the Alpine nation of Switzerland has built a reputation as the world´s centre for tax evasion, fraud accounting, money laundering, racketeering, and above all a staunch ally of corrupt third world leaders and a great beneficiary of third world corruption.
Various categories of persons including Popes, presidents, prime ministers, corrupt dictators, wealthy business men, and drug dealers have all used and benefited from the banking secrecy laws of Switzerland. As a result her economy has been described as an underground economy, a deposit box for dirty money and a ‘dirt-driven economy’…
However, of all the victims of Swiss banking secrecy laws and her shady banking practices, developing countries and Africa in particular seem to have suffered the most. The global infrastructure of international financial secrecy with headquarters in Switzerland has helped bleed trillions of dollars in illicitly generated money out of Africa and the rest of the developing world. The activities of Swiss banking institutions and real estate companies have plunged third world nations into debts, poverty, misery, malnutrition, diseases, economic meltdown, infrastructure decay and political instabilities through the help they give to corrupt politicians, civil servants, the business elite and corrupt multinational corporations who collude and connive with the corrupt entities to loot and hide the proceeds of their ill-gotton gains.
Many third world countries especially those in Africa lack the infrastructures needed to run successful economies. They lack schools, hospitals, roads, harbours, rail infrastructure, irrigation facilities, electricity, clean water, telecommunication, sanitation facilities because of the loots. Many children are orphaned and malnourished and many do not have access to education and healthcare because money meant for all that are stolen and are sitting in Swiss banks such UBS, Credit Suisse. There has not been a single corrupt politician or dictator in Africa, Latin America and Asia who has not had dealings with this secretive alpine country. While third world countries continue to struggle to provide the basic necessities of life Swiss economy is washed with money that could save millions from hunger, starvation and diseases…”
via Lord Aikins Adusei and wikileaks.org