Alarm bells sound louder over danger of financial collapse – WSWS

9 08 2014

World Socialist Website:

“Warnings are mounting internationally that the global financial system is heading for another disaster as a result of the flood of virtually free cash to the banks and speculators from the US Federal Reserve and other central banks.

On Tuesday, the British daily Telegraph published an article entitled “Global economy one shock away from another crisis.” It cited comments from the financial firm Fathom Consulting, run by former Bank of England economists, to the effect that the present calm in the markets is masking the build-up of risks in the global financial system. . . .  “

http://www.wsws.org/en/articles/2014/08/08/pers-a08.html

Zero Hedge:

How The Destruction Of The Dollar Threatens The Global Economy

“The failure to understand money is shared by all nations and transcends politics and parties. The destructive monetary expansion undertaken during the Democratic administration of Barack Obama by then Federal Reserve chairman Ben Bernanke began in a Republican administration under Bernanke’s predecessor, Alan Greenspan. Republican Richard Nixon’s historic ending of the gold standard was a response to forces set in motion by the weak dollar policy of Democrat Lyndon Johnson.

For more than 40 years, one policy mistake has followed the next.  Each one has made things worse. The most glaring recent example is the early 2000s, when the Fed’s loose money policies led to the momentous worldwide panic and global recession that began in 2008. The remedy for that disaster? Quantitative easing—the large monetary expansion in history.…”

http://www.zerohedge.com/news/2014-08-08/guest-post-how-destructio%3Fn-dollar-threatens-global-economy





NSA Sold Out by its OWN Director – Who Sold Spy Booty to Banks < UPDATED

5 08 2014

Former NSA director Keith Alexander may have sold classified info for $1M per month

The biggest scandal to ever roil the National Security Agency, compliments of Edward Snowden, happened on his watch, but that hasn’t stopped retired General Keith Alexander from demanding a seven-figure technical consulting fee now that he’s a civilian.

Alexander retired from the agency last year, and his name will be forever linked to Snowden’s vast data theft. When news of his million-dollar plus consulting fee leaked, Alexander was blasted my members of Congress, one of whom blamed him for profiteering by trading secrets for cash.

More directly, Florida Democratic Rep. Alan Grayson accused Alexander Wednesday of disclosing “classified information to bank trade groups for monthly fees of up to $1,000,000.” . . .

http://venturebeat.com/2014/07/31/former-nsa-director-keith-alexander-may-have-sold-classified-info-for-1m-per-month/

CNN – New leaker disclosing U.S. secrets, government concludes < has video

The CNN piece quotes from this article: Barack Obama’s Secret Terrorist-Tracking System, by the Numbers by Jeremy Scahill





Now: US Rounding Up the Homeless

14 07 2014

Anonymous – Homeless people in US deported to camps

LINK –  http://youtu.be/WGYIXsIevGI

Before It’s NewsCiti Pays $7Bn To Settle Mortgage-Backed Securities Investigation

Zero HedgeCiti Masks Crashing Mortgage, Trading Revenues With $3.8 Billion Settlement Charge

[snip] ” . . .  Citi magically beats consensus EPS of $1.05, reporting a non-GAAP number of $1.24. The only problem: reported GAAP EPS was a laughable $0.03. Where did the bulk of the company’s net income come from? Why the “one-time, non-recurring charge” of course: $1.21 of the $1.24 in Citi EPS was thanks to the “punishment” the government just served it with. “





Fukushima Mimics the Brown’s Ferry Nuke Meltdown Computer Simulation

15 06 2014

From Leuren Moret -

MELTDOWNS AND RAD RELEASES PRIOR TO TSUNAMI

1981 SIMULATED MELTDOWN: Foreshadowing Fukushima, a simulated meltdown at a nuclear power station was published by the Oak Ridge National Laboratory (U.S. Department of Energy) in 1981 for the Nuclear Regulatory Commission: “Station Blackout at Browns Ferry Unit One – Accident Sequence Analysis.”  This report provided a timeline for Ms. Moret to predict, track, and monitor the timing and sequence of parallel developments at the Fukushima disaster as it was happening. Some months later, after months of denials, lies, and disinformation, TEPCO released a power point presentation that affirmed the accuracy of the Browns Ferry simulation, and confirmed timing and sequence of events at Fukushima. (more)

http://leurenmoret.info/currents/index.html

LINK –  http://youtu.be/OKMxMFNUSpo

 





Banksters’ Jamboree

25 05 2014

RT: Max Keiser and Stacy Herbert discuss Max’s personal Vietnam called ‘HSBC Now’ and he is going up the Thames River of financial fraud to meet George Osborne, who’s sitting on a pile of the skulls of victims of austerity.

VIDEO

VOX: Timothy Geithner: The Vox interview

Part 2 of the series – VIDEO

 





Third prominent banker found dead in six days < UPDATED

1 02 2014

Bloomberg is reporting this morning that former Federal Reserve economist Mike Dueker was found dead in an apparent suicide near Tacoma, Washington.

Dueker, 50, a chief economist at Russell Investments, had been missing since Jan. 29 and was reportedly having troubles at work.

Normally HousingWire wouldn’t cover deaths in the industry, but what’s strange is that Dueker is the third prominent banker found dead since Sunday.

On Sunday, William Broeksmit, 58, former senior manager for Deutsche Bank, was found hanging in his home, also an apparent suicide.

On Tuesday, Gabriel Magee, 39, vice president at JPMorgan Chase & Co’s (JPM) London headquarters, apparently jumped to his death from a building in the Canary Wharf area.

http://www.housingwire.com/articles/28796-third-prominent-banker-found-dead-in-six-days

We missed this one – “Last week, a U.K.-based communications director at Swiss Re AG died last week. The cause of death has not been made public.” from – Why Are Banking Executives In London Killing Themselves?

London Stunned By Spate Of Financial Worker Deaths

Chief economist’s apparent suicide is the latest in a series of bizarre deaths in the financial world this week  –  We missed this one too - “Monday, Jan. 27: Tata Motors managing director Karl Slym died after falling from a hotel room in Bangkok in what police said could be possible suicide.
Slym, 51, had attended a board meeting of Tata Motors’ Thailand unit in the Thai capital and was staying with his wife in a room on the 22nd floor of the Shangri-La hotel. Hotel staff found his body on Sunday on the fourth floor, which juts out above lower floors.”

See ALSO Jan. 28 post – Nothing Masonic About This London Bank Death

UPDATE, Feb. 5

Before It’s News – 4th Banker ‘Suicided’ In A Week!

LINK –  http://youtu.be/1MMTy_72Puo

Feb. 15 – Before It’s News -   Following the Bodies: “We Are at the Precipice of Something So Big, It Will Shake the Financial World”

Feb. 25 – Before It’s NewsGerald Celente On Bankster Suicides In Newly Released Video Report On ‘The Conspiracy Show’  < has video

April 8 – Dutch banker killed wife and daughter before suicide: police

(Reuters) – A Dutch banker killed his wife and younger daughter before committing suicide, police said on Monday.

Jan Peter Schmittmann, 57, who ran domestic operations at ABN AMRO when it was one of the largest banks in the world, was found dead at his home in the wealthy Amsterdam commuter town of Laren early on Saturday. . .

. . . . Schmittmann is the second former ABN AMRO executive to die in unusual circumstances in the past five years. In 2009, former chief financial officer Huibert Boumeester was found dead in woodland near London in an apparent suicide a year after he had left the bank. . . .

 

There are more article on the topic at Before It’s News.





Banksters at Davos Take Advice from Goldie Hawn

22 01 2014

From Market Watch -

“Goldie Hawn, who has shifted from Hollywood to meditation guru in recent years will be a panelist at Davos. Hawn is slated to talk about wellness . . . “

GoldieHawn