BANKS 2

THE 70 YEAR BANKRUPTCY CYCLE
bankruptcy THE 70 YEAR BANKRUPTCY CYCLE AND A TINY BIT MORE AFV THEORY FOR YOU TO DIGEST
by Guy Euden

Following on from Accepted for Value part two, I wish to open your eyes to more possibilities, and maybe show you some more of the matrix (imaginary system). I would firstly like to offer you a little food for thought, the bankruptcy of the UK and anywhere else has a time limit, I will bring you this as absolute evidence shortly in another upcoming article, for now however, I would like you to digest the ramifications of what I am about to tell you.

Bankruptcy lasts for 70 years or 3 score and 10 if you like (thanks John), every now and again a country has its slate wiped clean, this means that taxes on the people no longer need to be collected for the “Banksters” and their “minions” in fact they no longer need to be collected at all..... hang on a minute? This simply won’t do! So let’s do a little arithmetic in a moment and see what adds up,... just for fun! The Bankruptcy Act of 1869 was a devastating blow for the people, however the people did not even know of it! Yet again another behind closed doors swindle by the insipid Banksters (mobsters) and their in the pocket minions “politicians” it allowed a reorganisation of how things worked financially speaking.

Now let’s say 70 years elapsed and we were about to become debt free? What then would we need to pay taxes for? Why would we need to pay out extortionate amounts of cash to these legalised criminals? The answer is we wouldn’t! So something needed to be done!

It appears that we are now hovering around..... oh yes 1939, oh the sweetness in the air for a debt free population free from excess taxes...... which was soon to be plunged into darkness! The Banksters soon concocted the next bankruptcy!! its excuse? You guessed it! WW2!! Patriotism being just one part of the vast array of weapons of mass distraction! We needed to defend our nation, so we borrowed vast sums of capitol from the Banksters and low and behold plunged ourselves deep into debt AGAIN!! We died while these greasy Banksters grew fat and bloated on the profit of selling arms to countries “on both sides” all the while they are also reaping interest on the loans as well!

So many wonderful human beings died on all sides of the war, thinking that something needed defending, that their loved ones were worth the sacrifice and so trundled off into to battle not realising it was all for the profit of others, for a very limited few. We all lost truly wonderful beings in this costly escapade, and even to this day most of the population are none the wiser to what their loved ones died for.

After all is said and done the insipid elite has played chess with our loved ones, ruined families and generations of good honest decent wholesome people for profit, nothing more than profit. My friends my final mention on this subject in this article is this WHAT YEAR ARE WE IN? HOW MANY YEARS HAVE PAST SINCE 1869 + 70 = 1939 + 70 =???? Are you feeling it? Are you seeing this so called financial crisis (hoax) can you see the G20 as just another waste of your money? Do you see that what this is about is a reorganisation of the bankruptcy that is being renewed AGAIN and we will be tied in to another 70 years of taxes that strip us of both our funds and assets, not to mention our will to live and freedoms! This so called NEW WORLD ORDER is just a spin off, what they are talking about is a new reordering of the banking and world financial systems to their own ends. There is nothing here for you and I, this is 2009, we should be rejoicing at the loss of debt at last, instead the smoke screen of a world financial crisis is being perpetuated and the world leaders (Banksters Puppets all bought and paid for) are merely facilitating the whole transition.

After that bit of background information I offer you some more information. Obviously we know we are operating in a full Bankruptcy that is equivalent to Chapter 11 (debtors in Possession) in this type of system you are supposed to forgive all debts, that’s the agreement after all, not to do so is in fact in violation and dishonourment of the Bankruptcy.

How is this achieved? Yes you guessed it your BC (Birth Certificate) and subsequent NI number, accounting requires that all things are traceable and accountable, so even if they forgive your debts you must be able to account for it, write it to something for cancelling out of the liability or zeroing the books if you like! This is the very essence of AFV, i.e. the company (lets use my great friend “John Harris” and incorporate him) so “John Harris Ltd” wants money, he creates a bill for the required sum, he then with the bills serial number enters it on the negative side of the ledger, this is a proposed liability and some kind of payment is required to zero that account, the company “John Harris Ltd” has proposed that you help expand public funds according to public policy, so now.. to be honest if it was done properly the proposed liability would be issued to you and you would accept it for value and assign it to be paid via your exemption account (NI Number). But “John Harris Ltd” has been naughty, he has gone over your head and attempted to attach the liability directly to your “Exemption Account” or “straw man” and if you’re not set up right, you are surety for it! Which is not an honourable practice but it is done by just about every company running in business today, not to mention, you don’t even know your exemption account exists! So when you see these bills you just pay them, what you don’t realise is happening is that the “proposed liability” is being paid via your exemption account and your sweat equity (fiat currency) so in fact it is being paid twice! This is called “double dipping”.

Well I refer back to the bank in Iceland, why the hell would a COUNCIL have 50 million pounds in a bank generating vast amounts of interest? And where the hell did that interest go? Who was enjoying it? And what the hell was a council doing with 50 million pounds anyway? I thought they were all so broke? That is why they tax you half to death isn’t it?!! I have it on good authority from an ex council accountant, that some seriously interesting accounting is being done by councils, plenty of offshore goings on! So hopefully you understand the bankruptcy, the foundation of AFV and why we use it, again it is a hard fight getting it recognised, but I can tell you from behind the scenes that it is gaining huge momentum and again I would like to remind you that it is a valid process here in the UK and very high up the corporate ladder know it, they just don’t want to stop double dipping.

I hope this little addition was worth reading, for your understanding of this system is important if you wish to try it. AFV also reduces the UK’s debt to the Banksters (Mobsters) thus lessening the need to print more to pay for things and thus we don’t need it from the Mobsters and thus not borrowed equals no need to pay it back WITH INTEREST!! By expanding funds under public policy, it not only saves you your “sweat Equity” (Cash, Fiat Currency) but also removes power from the Mobsters less debt “should” mean less loans to pay and “should” mean less taxes, well in a less crooked world anyway.

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  • UK'S BIGGEST EURO LOTTERY WINNER IS STILL ONLY 789th RICHEST
    eurolottery While the corporate media, in unison with our new political goons Cameron and Clegg, convince us that we are facing , or us lesser mortals, are facing a credit crunch, it has just been announced that Britain has the biggest Euro lottery winner at £84,000,000.

    Now you would think that amount of money would put them close to the super rich in the UK but it doesn't even come close, with another 789 people with far more wealth than the pittance of £84million. Our media and politicians are run and controlled by the super rich so we have effectively got those who have most of Britain's wealth telling us all that there isn't any left for us lesser mortals.

    The greed is so intense at the top of the RICH LIST in the UK that we are going back to the middle ages with vast deprivation of the many in monstrous debt, while a super elite clique are wallowing in wealth so vast that an ordinary person could not even comprehend. The British monarchy only one very good example. As ever, it will be the enslaved that will suffer the impending cuts, while the rich get richer thanks to their political pals squeezing the life blood out of the sheeple who have been brainwashed into believing the monstrous lies the media paint to allow this grotesque inequality to continue.

  • SUPER RICH GET EVEN RICHER WHILE THEY LIE ABOUT A CREDIT CRUNCH
  • LONDON'S MASSIVE INEQUALITY AS THE RICH GET RICHER VIDEO
  • LONDON HAS THE BIGGEST WEALTH DIVIDE WITH THE POOR NOW SLAVES TO THE RICH
  • THE FINANCIAL MELTDOWN WASN'T A MISTAKE IT WAS A CON
  • Fraudsters Goldman Sachs post soaring $3.46 billion profit
  • WHAT CREDIT CRUNCH? AS LONDON FLAT SELLS FOR £28,000,000
  • BILLIONAIRE'S THAT PROVE THERE IS NO CREDIT CRUNCH FOR THE ULTRA-WEALTHY VIDEO
  • DELIBERATE ECONOMIC COLLAPSE VIDEO
  • Why Are 25 Hedge Fund Managers Worth 658,000 Teachers?
  • Credit Crunch? Not for the five best-paid hedge fund managers who are all jewish
  • JEWISH BILLIONAIRES
  • THE GREAT BANK ROBBERY
    masonic banker While interest rates in the UK remain at an all time low of 0.5% , credit card rates have reached an all time high at 18.8%. The money grabbing banks that have spent mountains of our money pushing the advantages of using credit cards are now raking in billions on interest by jacking up rates on their dodgy credit cards while interest rates are at a record low.

    So a pensioner who invests their retirement money in a bank are given pennies in interest while the banks loan that money to the duped goons using their credit cards with extortionate interest charges. The Bank of England and the American Federal Reserve have for to long been allowed by British and American governments to get away with murder. All of this while those governments have been supposedly bailing out those banks with our money in an extraordinary capitalist con game that defies belief. We are all being taken to the cleaners by the masonic banking mafia and their manipulation of the world's wealth for their own massive financial gain.
  • UK interest rates kept at record low of 0.5%
  • Credit card rates hit 12-year high
  • OHIO MAN SEALS HIMSELF INSIDE HOUSE THREATENED WITH EVICTION
    keith sadler ONLY ONE OF MANY MILLIONS OF MEN FIGHTING TO KEEP A ROOF OVER THEIR HEAD

    Man seals self inside foreclosed residence
    Householder pleads for help from bank

    STONY RIDGE, Ohio - Through a golf ball-sized hole drilled into a front window, Keith Sadler has a message for banks foreclosing on people like him who fall behind on their mortgage payments. He wants a little help, a little understanding, and a big demand: an end to foreclosures and evictions. In the meantime, the 53-year-old said he's not leaving the house that he owned for 12 years and lived in for 20. "Even though on paper and legally it's no longer my house, I still consider this my home and I refuse to be kicked out by a greedy bank that is only interested in its bottom line," Mr. Sadler said in a phone interview.

    Through an agreement with the Wood County Sheriff's Office, he was to have been out of the house on U.S. 20 in Stony Ridge by midnight yesterday, but instead, members of the Toledo Foreclosure Defense League, an organization he co-founded, helped seal him inside. A cell phone - and the hole in the front window - are his only means of communication. "I hate touting the Obama plan, but it's a plan based on a percentage of income you make and the bank has to work out an interest rate that allows you to make payments," Mr. Sadler said. "I'm not looking for a free ride. I'm not looking for the bank to just let me have the house, but to work with me." Members of like-minded organizations were camped out in the yard yesterday outside the yellow brick bungalow - some carrying signs that read, "Bail out people not banks," along busy U.S. 20, others perched in a tree or lounging on the front porch. Brian Siefke of Bowling Green, a member of both the Toledo Foreclosure Defense League and the Black Swamp Autonomists Collective, said he supports what Mr. Sadler is doing. "I think this is an important issue not just for local but for national dialogue," Mr. Siefke said. "It's a symptom of an economic crisis I think people should pay attention to, and I support people taking things into their own hands."

    Also at the scene was Max Rameau of Miami, Fla.-based Take Back the Land, an organization that advocates "community control of land and housing as a human right." He said it's ludicrous to live in a society filled with vacant houses and homeless persons. "What is the social good here? What is the economic good?" Mr. Rameau asked. "It doesn't seem to make sense for anyone - not even for the banks."

    Mr. Sadler, who mostly has worked in factories, said he made his mortgage payments for 12 years after buying the house from his father but fell behind last year after he was off work from Dana Corp. for medical reasons. He said his mortgage holder, State Bank and Trust Co. of Defiance, promised to work with him. "They said they were going to try to work out a plan for people like me," he said. "The next thing I know, I get a registered letter" saying a foreclosure action had been filed. Neither the bank's attorney nor its corporate spokeman returned phone calls seeking comment yesterday. Court records show State Bank bought Mr. Sadler's house for $33,333 at a Wood County sheriff's sale Jan. 21. On March 31, the bank obtained a writ of possession in Wood County Common Pleas Court compelling Mr. Sadler to leave.

    Sheriff Mark Wasylyshyn said it's his job to enforce the court's order, plain and simple. "When I have a court order to do something, I have to do it regardless of what my personal feelings are," the sheriff said. "Where do you stop? What other contracts don't I enforce?" Still, the sheriff said he personally met with Mr. Sadler about a month ago. "I asked him how much time he needed to move out of the house," Sheriff Wasylyshyn said. "I told him I would give him all the time he needs if he leaves peacefully. … He is obviously still in the house, so we at some point will go there and take possession."

    The sheriff declined to say when deputies would remove Mr. Sadler, but he said he did not intend to arrest him unless he gives them trouble. Mr. Sadler said he's not going anywhere voluntarily, and he knows that may mean he'll be arrested and lose the temporary job he has held since January with the U.S. Census Bureau. "I decided this had to be done and whatever sacrifices have to be made will be made," he said. "I figured I'm leaving my house anyway. I might as well make it stand for something."

    Mr. Sadler, who said he had no weapons in the house, was arrested in August after disrupting a Lucas County sheriff's sale by blowing a whistle to stop the sale of foreclosed homes. The current situation is being streamed online at

    http://www.ustream.tv/channel/keith-sadler-foreclosure-resistance-live

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  • THE NEW WORLD ORDER SQUEEZE
    nwo money While the Sunday Times publishes its latest rich list, that does not include the ULTRA RICH , showing a 30% rise in their wealth, this while the rest of the world's population are languishing in intolerable debts and the endless bleating of a mass media about a global recession and cut backs in every area of government.

    Because of the Zionist led global financial system being manipulated by the Rothschilds and their masonic henchmen like Madoff and Goldman Sachs we are being led to believe there isn't any more money in the pot for the poorest and working classes of the world. This is an utter nonsense as the ratio of wealth is actually getting MUCH worse with less than 10% of the world's population owning more than 90% of the world's wealth.

    One check on the billions earned by Zionist hedge fund managers proves the wealth is being syphoned off by the very few heading this global manipulation of money. They don't count the rich's money in millions anymore, it is now in trillions of dollars and is taking the world back to the middle ages when the few self appointed elite who control the banks systematically enslave the SHEEPLE who actually are taken in by this massive charade . Israel and its tentacles of Zionism, that includes their masonic goons, have replicated a global scam so enormous that it is turning the world's economy into a piggy bank for the few heading this mafia to plunder the world of all the wealth its citizens are creating. Meanwhile a Zionist mass media are happy to provide the propaganda and diversions misdirecting us to the possible causes when they fail time and again to expose the true shadow government , headed by the illuminati families who are basking in vast opulence thanks to a naive and brainwashed populous.

    Check out some of the links below and compare with what we are being told about the economy . It wont take a rocket scientist to work out we are ALL being taken to the cleaners .

  • SUPER RICH GET EVEN RICHER WHILE THEY LIE ABOUT A CREDIT CRUNCH
  • LONDON'S MASSIVE INEQUALITY AS THE RICH GET RICHER VIDEO
  • LONDON HAS THE BIGGEST WEALTH DIVIDE WITH THE POOR NOW SLAVES TO THE RICH
  • THE FINANCIAL MELTDOWN WASN'T A MISTAKE IT WAS A CON
  • Fraudsters Goldman Sachs post soaring $3.46 billion profit
  • WHAT CREDIT CRUNCH? AS LONDON FLAT SELLS FOR £28,000,000
  • BILLIONAIRE'S THAT PROVE THERE IS NO CREDIT CRUNCH FOR THE ULTRA-WEALTHY VIDEO
  • DELIBERATE ECONOMIC COLLAPSE VIDEO
  • Why Are 25 Hedge Fund Managers Worth 658,000 Teachers?
  • Credit Crunch? Not for the five best-paid hedge fund managers who are all jewish
  • JEWISH BILLIONAIRES
  • GOLDMAN SACHS EXECUTIVE COMMENTS ON 'SHITTY' DEAL VIDEO
  • FULL SCREEN VERSION HERE
  • WALL STREET CROOKS GOLDMAN SACHS IN THE DOCK VIDEO
  • FULL SCREEN VERSION HERE

  • Fabrice Tourre is a London-based Executive Director at Goldman Sachs who was charged by the SEC on 16 April 2010 in a $1 billion landmark fraud case.

    Mr. Tourre is a 2000 graduate of École centrale Paris, where he studied mathematics, and a 2001 graduate of Stanford University, where he received a masters degree in Operations Research. He joined Goldman Sachs in 2001 and moved to the structured products correlation trading desk in New York around 2005, managed by Jonathan Egol. Mr. Tourre earned approximately $2 million in 2007 for his role in structuring and marketing the "ABACUS" collateralized debt obligation deals, which ultimately lost a great deal of money for investors.

    He is currently on indefinite leave from Goldman Sachs.
    SUPER RICH GET EVEN RICHER WHILE THEY LIE ABOUT A CREDIT CRUNCH
    THESE RICH LISTS SELDOM TRULY EXPOSE THE SHADOW ULTRA RICH WHO DONT WANT THE WORLD TO KNOW THE TRUE NATURE OF THEIR WEALTH, LIKE THE ROTHSCHILDS AND THE ASTORS.

    AS FOR THE BRITISH ROYALS THEY HIDE ALL THEIR WEALTH UNDER THE CROWN SO LITTLE OF THEIR TRUE WEALTH IS MEASURED .

    THE QUEEN PERSONALLY OWNS ONE SIXTH OF THE WORLD'S LAND MASS WHICH MAKES HER EASILY THE WEALTHIEST OLIGARCH ON THE PLANET, AND HER NEWS RAGS SAY THE UK HAS A DEMOCRACY?


    Super-rich become wealthier again

    The UK's super-rich have seen a resurgence in their fortunes, the Sunday Times Rich List suggests. London-based steel tycoon Lakshmi Mittal topped the list for the sixth consecutive year with a £22.45bn pile. Many, including Mr Mittal, were hit badly by the economic downturn, shrinking their wealth in 2009.

    But the collective fortunes of the top 1,000 on the list have risen by 30% in the past year - the biggest jump in the list's 22-year history - to £333.5bn. Last year the top 1,000 saw their fortunes decrease by about £155bn - to £258bn - and the number of billionaires fell from 75 to 43. This time, it has risen by 10 to 53. Mr Mittal, who owns Arcelor Mittal, saw his fortune double from £10.8bn to £22.45bn as the global steel industry recovered from the economic decline. Russian oligarch and Chelsea Football Club owner Roman Abramovich remains at second place with a £7.4bn fortune thanks to a 6% increase of £400m.

    Third place again remains stable, with the Duke of Westminster's wealth increasing by £250m to £6.75bn. The British-born billionaire's money comes mainly from property. Although retail giant Sir Philip Green and his wife Lady Christina Green saw their riches increase from £3.83bn to £4.10bn, they dropped in the rankings from sixth place to ninth. But Indian-born Anil Agarwal was the highest climber. He moved 60 places up to 10th position thanks to the rising share prices of mining group Vedanta Resources. His wealth jumped a staggering 583% from £600m to £4.1bn.

    The highest placed new entry - number 12 - in the list is Chinese property tycoon Joseph Lau with a fortune worth £3.8bn. The Queen, who is Britain's 245th richest person (AN ENORMOUS LIE), saw her personal fortune rise by £20m to £290m. Harry Potter film star Daniel Radcliffe, 20, is the highest-earning young actor with riches worth £42m.

    The Rich List profiles the 1,000 wealthiest people in the UK and the 250 richest people in Ireland. The list does not look at bank accounts but identifiable wealth such as shares, land, property and racehorses.

    RICH LIST TOP 10

    1. Lakshmi Mittal and family, steel (£22.45bn)
    2. Roman Abramovich, oil and industry (£7.4bn)
    3. The Duke of Westminster, property (£6.75bn)
    4. Ernesto and Kirsty Bertarelli, pharmaceuticals (£5.95bn)
    5. David and Simon Reuben, property (£5.53bn)
    6. Alisher Usmanov, steel and mines (£4.7bn)
    7. Galen and George Weston, retailing (£4.5bn)
    8. Charlene and Michel de Carvalho, inheritance, brewing and banking (£4.4bn)
    9. Sir Philip and Lady Green, retailing (£4.10bn)
    10. Anil Agarwal, mining (£4.1bn)

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  • LONDON'S MASSIVE INEQUALITY AS THE RICH GET RICHER VIDEO

  • FULL SCREEN VERSION HERE
  • LONDON HAS THE BIGGEST WEALTH DIVIDE WITH THE POOR NOW SLAVES TO THE RICH

    London has become the most unequal city in the western world, with the difference between rich and poor creating an Indian style “social caste” system, a leading academic claims.

    In a new book, Injustice: Why Social Inequality Exists, Professor Danny Dorling underlines many of the issues raised by the Evening Standard's Dispossessed campaign to highlight the plight of the capital's underclass. The book discloses that the richest tenth of people had an average wealth of £933,563, a figure 273 times greater than the lowest 10 per cent, with an average wealth of £3,420. The gap is bigger than comparable cities such as New York or Tokyo. The disclosures will add pressure on all parties to campaign on eradicating poverty. Professor Dorling said: “The wealth gap has created a social divide so big it now resembles an Indian caste system where people in London only mix with those from their own income brackets and have little to do with those outside.”

    He spoke of a servant culture between poor and rich: “They serve in coffee shops, clean houses, make beds in hotels, care for their children and drive their cars and taxis.” Professor Dorling, a professor of social geography at Sheffield University, concluded: “We are getting wealth inequalities in London now that have not been seen since the days of a slave-owning elite.”

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  • All three major political parties promoted by the media are backed by the RICH
  • Wealthy London couple forced maid to work 16 hours a day and made her sleep on the floor
  • WHAT CREDIT CRUNCH? WITH WORLD'S MOST EXPENSIVE HOUSE ONLY $750 MILLION VIDEO

  • FULL SCREEN VERSION HERE
  • THE FINANCIAL MELTDOWN WASN'T A MISTAKE IT WAS A CON
  • THE FINANCIAL MELTDOWN WASN'T A MISTAKE IT WAS A CON

    goldman sachs Now we know the truth. The financial meltdown wasn't a mistake – it was a con

    Hiding behind the complexities of our financial system, banks and other institutions are being accused of fraud and deception, with Goldman Sachs just the latest in the spotlight. This has become the most pressing election issue of all Goldman Sachs was in the spotlight last November when demonstrators protested outside its Washington offices against executive bonuses.

    The global financial crisis, it is now clear, was caused not just by the bankers' colossal mismanagement. No, it was due also to the new financial complexity offering up the opportunity for widespread, systemic fraud. Friday's announcement that the world's most famous investment bank, Goldman Sachs, is to face civil charges for fraud brought by the American regulator is but the latest of a series of investigations that have been launched, arrests made and charges made against financial institutions around the world. Big Finance in the 21st century turns out to have been Big Fraud. Yet Britain, centre of the world financial system, has not yet levelled charges against any bank; all that we've seen is the allegation of a high-level insider dealing ring which, embarrassingly, involves a banker advising the government. We have to live with the fiction that our banks and bankers are whiter than white, and any attempt to investigate them and their institutions will lead to a mass exodus to the mountains of Switzerland. The politicians of the Labour and Tory party alike are Bambis amid the wolves.

    Just consider the roll call beyond Goldman Sachs. In Ireland Sean FitzPatrick, the ex-chair of the Anglo Irish bank was arrested last month and questioned over alleged fraud. In Iceland last week a dossier assembled by its parliament on the Icelandic banks – huge lenders in Britain – was handed to its public prosecution service. A court-appointed examiner found that collapsed investment bank Lehman knowingly manipulated its balance sheet to make it look stronger than it was – accounts originally audited by the British firm Ernst and Young and given the legal green light by the British firm Linklaters. In Switzerland UBS has been defending itself from the US's Internal Revenue Service for allegedly running 17,000 offshore accounts to evade tax. Be sure there are more revelations to come – except in saintly Britain.

    Beneath the complexity, the charges are all rooted in the same phenomenon – deception. Somebody, somewhere, was knowingly fooled by banks and bankers – sometimes governments over tax, sometimes regulators and investors over the probity of balance sheets and profits and sometimes, as the Securities and Exchange Commission (SEC) says in Goldman's case, by creating a scheme to enrich one favoured investor at the expense of others – including, via RBS, the British taxpayer. Along the way there is a long list of so-called "entrepreneurs" and "innovators" who were offered loans that should never have been made. Lloyd Blankfein, Goldman's CEO, remarked only semi-ironically that his bank was doing God's work. He must wake up every day bitterly regretting the words ever emerged from his mouth.

    For the Goldmans case is in some ways the most damaging. The Icelandic banks, Anglo Irish bank and Lehman were all involved in opaque deals and rank bad lending decisions – but Goldman allegedly went one step further, according to the SEC actively creating a financial instrument that transferred wealth to one favoured client from others less favoured. If the Securities and Exchange Commission's case is proved – and it is aggressively rebutted by Goldman – the charge is that Goldman's vice-president Fabrice Tourre created a dud financial instrument packed with valueless sub- prime mortgages at the instruction of hedge fund client Paulson, sold it to investors knowing it was valueless, and then allowed Paulson to profit from the dud financial instrument. Goldman says the buyers were "among the most sophisticated mortgage investors" in the world. But this is a used car salesman flogging a broken car he's got from some wide-boy pal to some driver who can't get access to the log-book. Except it was lionised as financial innovation.

    The investors who bought the collateralised debt obligation (CDO) were not complete innocents. They had asked for the bond to be validated by an independent expert into residential mortgage-backed securities – a company called ACA management. ACA gave the bond the thumbs-up on the understanding from Fabrice Tourre that the hedge fund Paulson were investing in it. But the SEC says Tourre misled them, a pivotal claim that Goldman denies. The reality was that Paulson was frantically buying credit default swaps in the CDO that would go up in price the more valueless it became – a trade that would make more than $1 billion. Worse, Paulson had identified some of the dud sub-prime mortgages that he wanted Tourre to put into the CDO. If the SEC case is true, this was a scam – nothing more, nothing less.

    Tourre could see what was coming. In one email in January 2007 he wrote: "More and more leverage in the system. The whole building is about to collapse anytime now… only potential survivor, the fabulous Fab[rice Tourre] .. standing in the middle of all these complex highly leveraged exotic trades he created without necessarily understanding all of the implications of those monstrosities". Fabulous Fab, like his boss, will not be feeling very fab today.

    The cases not only have a lot in common – using financial complexity allegedly to deceive and then using so-called independent experts to validate the deception (lawyers, accountants, credit rating agencies, "portfolio selection agents," etc etc ) – but they also show how interconnected the financial system is. In Iceland Citigroup and Deutsche Bank covered the margin calls of distressed Icelandic business borrowers, deepening the crisis. Lehman uses the lightly regulated London markets and two independent British experts to validate that their "Repo 105s" were "genuine" trades and not their own in-house liability. The American authorities pursued a Swiss bank over aiding and abetting US nationals to evade tax.

    Bankers will complain these cases all involve one or two misguided individuals, but that most banking is above board and was just the victim of irrational exuberance, misguided belief in free market economics and faulty risk management techniques. Obviously that is true – but, sadly, there is much more to the crisis. Andrew Haldane, executive director of the Bank of England, highlights the remarkable reduction in the risk weighting of bank assets between 1997 and 2007. Put simply, Europe's and the US's large banks exploited the weak international agreement on bank capital requirements in the so-called Basel agreement in 2004 to reclassify the risk of their loans and trading instruments. They did not just reduce the risk by 5 or 10%. Breathtakingly, they claimed their new risk management techniques were so wonderful that the riskiness of their assets was up to half of what it had been – despite property and share prices cresting to new all-time highs.

    Brutally, the banks knowingly gamed the system to grow their balance sheets ever faster and with even less capital underpinning them in the full knowledge that everything rested on the bogus claim that their lending was now much less risky. That was not all they were doing. As Michael Lewis describes in The Big Short, credit default swaps had been deliberately created as an asset class by the big investment banks to allow hedge funds to speculate against collateralised debt obligations. The banks were gaming the regulators and investors alike – and they knew full well what they were doing. Simon Johnson's 13 Bankers shows how the major American banks deployed vast political lobbying power and money to create the relaxed regulatory environment in which all this could take place. In Britain no money changed hands. Gordon Brown offered light-touch regulation for free – egged on by the Tories, who wanted to go further.

    This was the context in which Goldman's Fabulous Fab created the disputed CDOs, Sean FitzPatrick allegedly moved loans between banks and Lehman created its Repo 105s along with the entire "debt mule" structure revealed this weekend of inter-related companies to shuffle debt around its empire. London and New York had become the centre of an international financial system in which the purpose of banking became making money from money – and where the complexity of the "innovations" allowed extensive fraud and deception.

    Now it has all collapsed, to be bailed out by western taxpayers. The banks are resisting reform – and want to cling on to the business practices and business model that has so appallingly failed. It is obvious why: it makes them very rich. The politicians tread carefully, only proposing what the bankers say is congruent with their definition of what banking should be. Labour and Tories alike are united in opposing improved EU regulation of hedge funds, buying the propaganda those operations had nothing to do with the crisis. Perhaps Paulson's trades at Goldman, and the hedge funds' appetite for speculating in credit default swaps, may disabuse them.

    It is time to reframe the question. Banks and financial institutions should do what economy and society want them to do – support enterprise, direct credit to where it is needed and be part of the system that generates investment and innovation. Andrew Haldane – and the governor of the Bank of England – are right. We need to break up our banks, limit their capacity to speculate and bring them back to earth. Britain should also launch an official investigation into what went wrong – and hand the findings to the Serious Fraud Office. This needs to become this election campaign's number one issue – not one which either a compromised Labour party or a temporising Conservative party will relish. The Lib Dems, the fiercest critics of the banks, have begun to get very lucky.

    Crisis timetable

    September 2007 Funding problems at Northern Rock triggers the first run on a British bank. It is nationalised in February 2008.

    April 2008 Bear Stern faces bankruptcy after a run on the company wipes out cash reserves in less than two days. Backed by the Federal Reserve, JPMorgan buys up shares at far below market value.

    September 2008 Lehman Brothers files for bankruptcy protection, becoming the first major bank to collapse since the start of the credit crisis.

    December 2008 Bernard Madoff arrested for operating the largest Ponzi scheme in history.

    January 2009 The Bank of England launches £200bn quantitative easing.

    March 2010 Former chairman of Anglo Irish bank Sean Fitzpatrick is arrested in Dublin after failing to disclose details of loans worth millions from the bank.

    April 2010 Northern Rock former directors, David Baker and Richard Barclay, are fined £504,000 and £140,000 for deliberately misleading analysts prior to nationalisation.

    April 2010 The US Securities and Exchange Commission accuses Goldman Sachs of "defrauding investors by misstating and omitting key facts".

  • SOURCE
  • Fraudsters Goldman Sachs post soaring $3.46 billion profit
  • WHAT CREDIT CRUNCH? AS LONDON FLAT SELLS FOR £28,000,000

    hyde park flat DONT LISTEN TO THE MEDIA OWNED BY THE ULTRA RICH, DONT LISTEN TO THE POLITICAL AND BANKING WINDBAGS, THIS IS A CREDIT CRUNCH MANUFACTURED ONLY FOR THE WORKING CLASS AND THE POOR. THE ULTRA RICH ARE GETTING EVEN RICHER DURING A SQUEEZE ON THE REST OF THE POPULATION.

    Hyde Park flat sale sets world record at £6,000 per sq ft

    An apartment at the Candy brothers' One Hyde Park development in Knightsbridge has sold for £28 million. The sale, which is believed to set a record for the world this year of £6,000 per square foot, was sealed without viewing after the purchaser saw the outside of the building. It comes as the second phases of sales of flats at the scheme is launched tonight amid signs of a dramatic resurgence in London's "superprime" property market triggered by the weakness of the pound and oil price increase.

    The development has defied sceptics who said the world economic downturn would leave it as a white elephant monument to developer folly. However, the penthouse apartments and half the 86 flats have already been sold for a total value of £765 million ahead of completion in October. Reservation fees on a further £100 million of deals have also been received.

    Dominic Grace, head of residential development, London, at agents Savills said: "We sold an apartment to a buyer who knew of the scheme's reputation, just saw the outside of the building and bought an apartment without viewing, thus setting a record price for square footage this year not only for London but for the world." The buyer is believed to be from the Middle East. The apartments' interiors, designed by Candy & Candy, will include gold resin and black onyx finishes and will be heated and cooled by geothermal bore holes dug 140 metres into the ground.

  • SOURCE

  • PRECIOUS METALS WHISTLEBLOWER REVEALED IN GATA VIDEO

  • FULL SCREEN VERSION HERE
  • Metals trading whistleblower injured in London hit-and-run
  • SATANIC IMAGES ON THE NEW £20 NOTE VIDEO

  • FULL SCREEN VERSION HERE
  • WORLD'S MOST EVIL BANK ARROGANTLY BOASTS THEY ARE DOING GOD'S WORK

    lloyd blankfein CEO of World's Most Evil and Corrupt Bank, Goldman Sachs, Arrogantly Boasts "I’m Doing God’s Work"

    "Number 85, Broad Street, in lower Manhattan (New York City) is where the money is. All of it." This was what The Sunday Times, one of Britain’s most prestigious and internationally known newspapers reported on November 9, 2009. The newspaper went on to say that this address is "the site of the best cash-making machine that global capitalism has ever produced." But, said the paper, the firm that operates out of this site is much more than only an economic Goliath, it is also "a political force more powerful than governments."

    More powerful than governments? More powerful than 10 Downing Street, where Britain’s Prime Minister Gordon Brown resides, or 1600 Pennsylvania Avenue, address of the White House and America’s President Barack Obama? More powerful than the Kremlin, the dark and mysterious abode of Russia’s Vladimir Putin? Lloyd Blankfein, Chairman and Chief Executive Officer for Goldman Sachs, lackey for Lord Rothschild. Rothschild is cryptic holder of the title, "King of the Jews."

    Yes, even those politically potent and easily recognizable addresses pale in comparison, for it is at 85 Broad Street where a very wealthy and influential man named Lloyd Blankfein works. Mr. Blankfein, a Jewish billionaire, is Chairman and CEO of Goldman Sachs, the world’s premier bank and investment house. Mr. Blankfein, in turn, is the servant and deputy of yet another Jewish merchant prince. That would be Lord Rothschild, the fourth Baron of the Rothschild Dynasty.

  • FULL ARTICLE HERE
  • BILLIONAIRE'S THAT PROVE THERE IS NO CREDIT CRUNCH FOR THE ULTRA-WEALTHY VIDEO

  • FULL SCREEN VERSION HERE
  • MAN BULLDOZES OWN HOME TO MAKE BANKS THINK TWICE ABOUT FORECLOSURE VIDEO

  • FULL SCREEN VERSION HERE

  • Our group have collated evidence for many years on how vast estates are being stolen by corrupt judges and lawyers aiding and abeting corrupt bankers to steal homes under the guise of illegal use of laws on a massive scale. This man has done what many of us victims should have done and destroyed what is rightly ours rather than see them stolen back by the crooks who have monopolized house purchase and sales. Many men in divorce and family courts see this ploy used all the time to repossess (STEAL) their homes .
    WE RECOMMEND THE USE OF BULLDOZERS TO STOP MASONIC THUGS THROWING YOU ONTO THE STREET

  • CORRUPT FAMILY COURTS
  • CORRUPT JUDGES
  • CORRUPT LAWYERS
  • FRUSTRATED OWNER BULLDOZES HOME AHEAD OF FORECLOSURE

    terry hoskins

    MOSCOW, Ohio -- Like many people, Terry Hoskins has had troubles with his bank. But his solution to foreclosure might be unique. Hoskins said he's been in a struggle with RiverHills Bank over his Clermont County home for nearly a decade, a struggle that was coming to an end as the bank began foreclosure proceedings on his $350,000 home. "When I see I owe $160,000 on a home valued at $350,000, and someone decides they want to take it – no, I wasn't going to stand for that, so I took it down," Hoskins said.

    Hoskins said the Internal Revenue Service placed liens on his carpet store and commercial property on state Route 125 after his brother, a one-time business partner, sued him. The bank claimed his home as collateral, Hoskins said, and went after both his residential and commercial properties. Hoskins said he'd gotten a $170,000 offer from someone to pay off the house, but the bank refused, saying they could get more from selling it in foreclosure. Hoskins told News 5's Courtis Fuller that he issued the bank an ultimatum. "I'll tear it down before I let you take it," Hoskins told them. And that's exactly what Hoskins did.

    Man Says Actions Intended To Send Message To Banks

    The Moscow man used a bulldozer two weeks ago to level the home he'd built, and the sprawling country home is now rubble, buried under a coating of snow. "As far as what the bank is going to get, I plan on giving them back what was on this hill exactly (as) it was," Hoskins said. "I brought it out of the ground and I plan on putting it back in the ground." Hoskins' business in Amelia is scheduled to go up for auction on March 2, and he told Fuller he's considering leveling that building, too.

    RiverHills Bank declined to comment on the situation, but Hoskins said his actions were intended to send a message. "Well, to probably make banks think twice before they try to take someone's home, and if they are going to take it wrongly, the end result will be them tearing their house down like I did mine," Hoskins said.

  • SOURCE
  • MASONIC BANKING SCAMS CONTINUE

    masonic banker With interest rates in the UK standing at 0.5 % banks lending for mortgages stand at 3,4 or 5% or more. Also bank credit card interest is more than 20% in some cases and in America as much as 79%.

    So here are the banks taking savers money and paying them interest at 0.5% while lending that money at 5% or more and on credit cards 20% or more. Mortgages and credit cards are an enormous scam by masonic bankers like the Rothschilds who are making vast profits no matter what lies their corporate media and government buddies are telling us.

    Never throughout history have so few money men been able to steal the worlds vast resources making massive profits for themselves and the corrupt corporations they have set up to do the dirty on the long suffering public. The Bank of England and the American Federal Reserve manipulating credit and finance while pushing their victims deeper and deeper into debt.

    They forced employers to pay salaries into their clutches before employees could get their hands on their hard earned money and using the direct debit system paid out most of those wages on bills created by banks and utility companies leaving little for day to day living.

    They forced us all into dependency on plastic as part of their New World Order agenda and those purchases are used as a spy mechanism by government to keep an eye on its citizens prying on every change of money ensuring the Crown, treasury, council, legal and tax mafia know where every bit of hard earned cash is being used. Tracking and tracing of people and money is of major interest to them so that when they come to steal it, and THEY WILL in time, through their dodgy devious court process's when they will have detailed accounts of everything you own which makes removing it from your ownership much easier when you have allowed them full access to your life via complicit bank and credit card statements.

    THOUSANDS OF ILLEGAL BANKRUPTCIES PROP UP FAILING BANKS AND INSOLVENCY THUGS

    1000s of Illegal Bankruptcies used to prop up a failing financial system & enrich the pockets of Insolvency Practitioners.

    We show just a few of the thousands of bankruptcies being pushed through UK 'Kangaroo Courts' unlawfully as the Courts criminally 'asset strip' people, on many occasions for false debts that they know nothing about. Yes this is the UK here and now!

    The Court Services are feeding the Insolvency Service and ultimately the bankers who then repossess the victims homes and businesses. Lawyers, courts, judges, bankers and Insolvency Practitioners are all responsible for the Nations financial crisis. When judges misrule then law is irrelevant.

  • FULL ARTICLE HERE
  • WORLD CURRENCIES TO BE REPLACED WITH CARBON CURRENCY

    carbon card Critics who think that the U.S. dollar will be replaced by some new global currency are perhaps thinking too small.

    On the world horizon looms a new global currency that could replace all paper currencies and the economic system upon which they are based. The new currency, simply called Carbon Currency, is designed to support a revolutionary new economic system based on energy (production, and consumption), instead of price. Our current price-based economic system and its related currencies that have supported capitalism, socialism, fascism and communism, is being herded to the slaughterhouse in order to make way for a new carbon-based world. It is plainly evident that the world is laboring under a dying system of price-based economics as evidenced by the rapid decline of paper currencies. The era of fiat (irredeemable paper currency) was introduced in 1971 when President Richard Nixon decoupled the U.S. dollar from gold. Because the dollar-turned-fiat was the world’s primary reserve asset, all other currencies eventually followed suit, leaving us today with a global sea of paper that is increasingly undesired, unstable, unusable.

    The deathly economic state of today’s world is a direct reflection of the sum of its sick and dying currencies, but this could soon change. Forces are already at work to position a new Carbon Currency as the ultimate solution to global calls for poverty reduction, population control, environmental control, global warming, energy allocation and blanket distribution of economic wealth. Unfortunately for individual people living in this new system, it will also require authoritarian and centralized control over all aspects of life, from cradle to grave.

    What is Carbon Currency and how does it work? In a nutshell, Carbon Currency will be based on the regular allocation of available energy to the people of the world. If not used within a period of time, the Currency will expire (like monthly minutes on your cell phone plan) so that the same people can receive a new allocation based on new energy production quotas for the next period. Because the energy supply chain is already dominated by the global elite, setting energy production quotas will limit the amount of Carbon Currency in circulation at any one time. It will also naturally limit manufacturing, food production and people movement.

  • FULL ARTICLE HERE
  • THE ECONOMIC ELITE HAVE ROBBED US ALL

    u.s. money We all have very strong differences of opinion on many issues. However, like our founding fathers before us, we must put aside our differences and unite to fight a common enemy.

    It has now become evident to a critical mass that the Republican and Democratic parties, along with all three branches of our government, have been bought off by a well-organized Economic Elite who are tactically destroying our way of life. The harsh truth is that 99 percent of the U.S. population no longer has political representation. The U.S. economy, government and tax system is now blatantly rigged against us.

    Current statistical societal indicators clearly demonstrate that a strategic attack has been launched and an analysis of current governmental policies prove that conditions for 99 percent of Americans will continue to deteriorate. The Economic Elite have engineered a financial coup and have brought war to our doorstep...and make no mistake, they have launched a war to eliminate the U.S. middle class.

    To those who feel I am using extreme rhetoric, I ask you to please take a few minutes of your time to hear me out and research the evidence put forth. The facts are there for the unprejudiced, rational and reasoned mind to absorb. It is the unfortunate reality of our current crisis. Unless we all unite and organize on common ground, our very way of life and the ideals that our country was founded upon will continue to unravel.

    Before exposing exactly who the Economic Elite are, and discussing common sense ways in which we can defeat them, let's take a look at how much damage they have already caused.

  • FULL ARTICLE HERE
  • FORMER NY MADAM DISCLOSURE ON BANKER/CEO CORRUPTION AND FRAUD VIDEO

  • FULL SCREEN VERSION HERE
  • DELIBERATE ECONOMIC COLLAPSE VIDEO

  • FULL SCREEN VERSION HERE
  • BANKER CAUGHT LOOKING AT PORN DURING LIVE TV INTERVIEW VIDEO

  • FULL SCREEN VERSION HERE
  • WHAT CREDIT CRUNCH:HUGE RISE IN PEOPLE(MASONS)EARNING MORE THAN £1M A YEAR

    The number of people in Britain earning more than £1 million a year has reached a record 14,000.
    Latest official figures published today show that even the credit crunch and the worst post-war recession could not slow the increase in the ranks of the “annual millionaires” in 2008. Those lucky enough to be able to boast of a “nine figure salary” will include a mix of City bosses such as Barclays chief Bob Diamond, Premiership footballers and a handful of public servants, including departing Royal Mail chief Adam Crozier. At least half are thought to live in and around London.
    The total earning at least £100,000 also hit an all-time high of 643,000.
  • SOURCE
  • MONEY AND JUSTICE VIDEO

  • FULL SCREEN VERSION HERE
  • TOP ZIONIST CROOK MADOFF TREATED FOR SERIOUS INJURIES AFTER JAIL ASSAULT

    Disgraced financier Bernard Madoff was admitted to Duke University Hospital late last week and treated for serious injuries consistent with an assault, a North Carolina television station reported on Thursday. According to the station, Madoff had facial fractures, broken ribs and a collapsed lung.
    Officials at the Butner federal prison, where Madoff is serving a 150-year sentence for cheating investors out of tens of billions of dollars, would not confirm the report. On Wednesday, the prisons bureau said Madoff had been moved to the prison’s medical facility for undisclosed reasons.
  • SOURCE
  • HOW GOLDMAN SACHS BET ON THE AMERICAN HOUSING CRASH VIDEO

  • FULL SCREEN VERSION HERE
  • USE CASH MOVEMENT

    Big Banking is out of control. Many corporate financial institutions, considered too big to fail, received a share of a trillion dollars of taxpayer money. To thank us, they are hiking interest rates on existing credit card debt, lowering and cancelling small business credit lines, and imposing more and higher fees and penalties with impunity.

    As taxpayers, workers, citizens and merchants we can fight back. Not with letters to the editor nor with calls to our government representatives. There is an easy, immediate and direct path toward banking and monetary reform that benefits people, not corporations, through everyday transactions in the marketplace. Use cash. Today, one of the biggest moneymakers for Big Banking is cash substitution services: credit and debit cards. Users of debit and credit cards pay for the convenience these cards provide through fees, penalties and interest.

    Merchants pay fees that average about $3.50 on every hundred dollars, plus the cost of those days they wait to be reimbursed by the banks. They pass these fees on to their customers in the form of higher prices. The purchaser pays the fee, whether they know it or not. So, every plastic payment is like getting money from an ATM that charges you 3.5%. It’s this simple, the more times we use cash instead of plastic we will be wielding the power of the market to deprive banks and financial institutions of the profits that purchase the influence and power that has corrupted our financial and monetary system.

    Together we can change the balance of power by doing just two things:
    Use Cash instead of plastic.
    Enlist others to do the same with simple actions.

  • USE CASH MOVEMENT
  • WORLD'S BANKING MAFIA WHO ARE BEHIND ALL THE CREDIT SCAMS



    Mervyn King - Governor, Bank of England



    Jean-Pierre Roth - Chairman, Governing Board, Swiss National Bank




    Jean-Claude Trichet - President, European Central Bank



    Mark Carney - Governor, Bank of Canada




    Benjamin Bernanke - Chairman, Board of Governors, Federal Reserve System




    Donald Kohn - Vice Chairman, Board of Governors, Federal Reserve System



    Robert B. Zoellick - President, The World Bank




    Dominique Strauss-Kahn - Managing Director, International Monetary Fund




    John Lipsky - First Deputy Managing Director, International Monetary Fund

    HOW MUCH IS A TRILLION VIDEO

  • FULL SCREEN VERSION HERE
  • F*CK THE FED VIDEO

  • FULL SCREEN VERSION HERE
  • CREATING THE NEXT GREAT DEPRESSION VIDEO

  • FULL SCREEN VERSION HERE
  • DEBT SLAVE VIDEO

  • FULL SCREEN VERSION HERE
  • PROOF PAPER MONEY IS WORTHLESS


    Every single money note you have is paper NOTHING MORE. The corruption of the banking system has convinced us paper money has value. Ask any Zimbabwean how much their paper money is worth and they will tell you it takes a trillion dollars to buy a loaf of bread.

    Anyone NOT convinced that we are living in a world of banking fiction and that REAL wealth cannot be measured in the amount of paper money you have managed to accumulate in your lifetime , only needs to look at how Zimbabwe are printing silly amounts on their notes simply to keep up with hyper inflation . Until the banking scammers are sorted out, the world's enslaved population will remain in debt for the rest of their lives to a cabal of masonic scumbags like the Rothschild's who have been fleecing us all with their dodgy monetary, mortgage and credit card scams.

    HOW TO BUY GOLD VIDEO

  • FULL SCREEN VERSION HERE
  • A BLACK HOLE: WHAT THE BANKERS HAVE VIDEO

  • FULL SCREEN VERSION HERE
  • HOW GOLDMAN SACHS SECRETLY BET ON THE USA HOUSING CRASH VIDEO

  • FULL SCREEN VERSION HERE
  • TURKISH MOTHER ATTACKS BAILIFFS WITH AXE TO STOP HOME REPOSSESSION VIDEO

  • FULL SCREEN VERSION HERE
  • RON PAUL CHALLENGES VICE CHAIRMAN OF THE FEDERAL RESERVE VIDEO

  • FULL SCREEN VERSION HERE
  • WALL STREET BANKERS PRIVATIZE THEIR PROFITS AND SOCIALIZE THEIR LOSSES VIDEO

  • FULL SCREEN VERSION HERE
  • J.P.MORGAN CHASE HEAD THE AMERICAN HOUSE THEFT NETWORK VIDEO

  • FULL SCREEN VERSION HERE
  • END THE FEDERAL RESERVE SYSTEM VIDEO

  • FULL SCREEN VERSION HERE
  • DEBT SLAVE VIDEO

  • FULL SCREEN VERSION HERE
  • CREDIT CRUNCH? SO WHO'S BUYING THESE BILLIONAIRE TOYS VIDEO

  • FULL SCREEN VERSION HERE
  • CONTROLLING THE PUBLIC THROUGH MONEY AND WAR VIDEO

  • FULL SCREEN VERSION HERE
  • HOW USA LOST BILLIONS TO GREEDY BANKERS VIDEO

  • FULL SCREEN VERSION HERE
  • GOLDMAN SACHS INSIDERS STEAL $200 MILLION A DAY VIDEO

  • FULL SCREEN VERSION HERE
  • BANKERS THE HIGH STREET THIEVES

    masonic  bank I really got my knickers in a twist recently because my bank, which is Lloyds Bank, sent me solicitors letters threatening court action for an overdraft of about £600. They also closed my account and I was left with no means of using money other than cash. This made life impossible. I also could not open another bank account because of the blacklisting of me as having a bad credit record . The situation seemed dire and really got to me.

    The reason for the £600 overdraft ? Every penny of it consisted of the bank’s penalty fees for an unauthorised overdraft which was originally only £5. But even that £5 was part of a sum of about £160 which had been filched from my Lloyds bank account by an insurance company misusing my debit card details for a household insurance policy that was never authorised by me at all. It was all the result of a completely dishonest mortgage broker trying to ram a dubious mortgage down my throat which I eventually declined to take up. The other part of the total sum filched from me was when I made a one off internet payment of £17 using my debit card and it continued to be debited dishonestlyfrom my account every month for over a year. It was a deliberate theft, common on the internet. My pleas to my bank in many letters, and personal visits to counter staff asking my bank to cease these unauthorised payments from my account fell on deaf ears. They told me they couldn’t stop the payments. They point blank refused to stop allowing fraudsters to take money from my bank account. How bizarre can you get?

    Then I learnt about the bank charges scam and all the legal actions going on throughout the country. I discovered the banks have stolen tens of millions of pounds from thousands of people under the pretence of them being legitimate charges for unauthorised overdrafts. The whole country is up in arms about it. Recently I learned all the banks have managed to stuff the entire World economy by virtue of extremely bad behaviour and sheer greed. Governments are even complaining about it. The whole World is wondering if the banks have led everyone into complete financial meltdown. Then for three months recently I failed to pay any monthly payment to my Capital One credit card account due to an oversight on my part. I didn’t use the card and the only outstanding balance on the card was just £13. They charged me penalties amounting to £39. This works out at an interest rate of about an incredible 1200 per cent. That is pure theft.

    With experiences like this and feedback from many other people suffering similar problems, I began to realise the entire financial industry had become utterly different from years ago when it had a reputation for honesty and straight dealing. Now it seemed to rely on deviousness, mis-representation and downright fraud to make money. More and more people are openly complaining about an ever increasing tidal wave of greed as well as obvious deviousness and dishonesty coming from all sectors of the financial industry, and particularly from banks.

    When I saw how many people were beginning to fight back I realised the banks had conned vast swathes of the population. I think the banks are thoroughly dishonest, outrageously expensive to use for any purpose, and extremely damaging to the entire country. It is my opinion that Lloyds Bank, in particular, are thieves. It is about time something was done about it. Any constructive suggestions anyone ?

  • SOURCE
  • THE MASONIC RUN COUNCIL OF MORTGAGE LENDERS

    cml One of the biggest racketeers of all in house theft is the Council of Mortgage lenders. This group ensures the few control the wealth and homes of the many, in fact 98% of all lending for homes in the UK.

    Never has a scam of such breathtaking enormity been perpetrated on the victims of their scams that make hardened criminals look like petty thieves. The manner in which they push people into a vulnerable position allowing them to take possession of the home you thought you OWNED is as criminal as someone kicking in your door and tossing you out on the street. The thousands of pounds you may have made in mortgage payments you might as well have burnt as the mortgage racket ensures those you paid that money to keep IT ALL while they now have the keys and control of the roof that used to protect your family.

    The western form of capitalism that allows crooks like the Council of Mortgage lenders to flourish ensures that the masons who pull the strings behind the scenes are backed up by a judiciary that is masonic controlled and ensures the free flow of stolen homes back into the hands of a mafia that operate through the Council of Mortgage Lenders.

    NONE of us own anything while these evil bastards hold the title deeds of the roof over our head and the means to enslave you , forcing you to pay outrageous amounts for even the most basic housing. The mortgage system is a racket so lucrative that the British establishment remain rich and powerful through the use of land and property theft AND as a means to redistribute the wealth created by hard working men into the pockets of the controllers of this mortgage racket. They regularly recycle OUR homes back to new , young and naive families who fall foul of this massive scam.They don't need to build new houses, just regularly STEAL a percentage of the populations homes to start the mortgage scam cycle all over again. The corporate media that supports this racket also make vast sums from advertising costs when the crooks put our stolen houses up for sale in the scum newspapers that SELDOM if ever expose their crimes.

    THE BIGGEST CRIMINAL RACKET ACROSS THE UK.

  • Council of Mortgage Lenders
  • CML predict that 65,000 people will lose their homes during 2009
  • Taxpayer-owned banks repossess thousands of homes
  • WESTERN CAPITALISM AND THE SATANIC BANKING MAFIA THAT CONTROL US ALL

    bankers Once again without ANY interference by ordinary working folks the powers that be and their lackeys, the corporate mafia, tell us we are now NOT worth what we were 1 or 2 years ago. How long will it take before the sheeple wake up to that fact that NO ONE, not one single solitary asshole that is part of the world manipulation of money, can state that we deserve to have a massive reduction in the spending power of the coins and notes in our pockets that THEY create and that we are forced to use to purchase the essentials of life.

    It is the utter madness that western capitalism has been founded upon the deviousness of high level masons who virtually control and enslave everyone forced to use their artificially created money system. A system that has once again proven that when those self appointed money masters decide its time to rein back in all the assets that were bought using their dodgy credit cards, mortgages and paper money, millions are left homeless, penniless and bankrupt through the utter greed of the self appointed few at the top of this evil and corrupt money pyramid.

    Each of us as individuals are being dragged from childhood into an enslavement system that gives the impression that you get a good days pay for a good days work, yet at the stroke of a Rothschild banking pen, the whole system can collapse in on itself and all those who thought they were financially secure suddenly find the bankers who control that money system look like the last people on earth who we should trust with taking care of savings earned through hard graft. The bricks and mortar they so feverishly encourage us to buy is a massive ploy to steal it back as there is ONE asset that is unmovable and that is the roof we live under and they use a complex web of legal chicanery to ensure they can remove that roof from above you with ease.

    The western governments are all part and parcel of this monstrous illusion that we OWN stuff. One visit to the equally corrupt courts they use to fleece you will show how quickly ANYTHING you thought you owned can be rapidly removed from your ownership through malicious use of laws , courts and judges who are hand picked lackeys who's decisions bare no resemblance to justice , but just another arm of the masonic controllers living opulent lifestyles on the backs of their enslavement system.

    More than 90% of the worlds wealth is in the hands of less than 10% of the worlds population and only an enormous revolution will redress the massive imbalance they have created to ensure we all remain impoverished in that enslavement system now under the spotlight of the internet. The first time in living memory that the written word has NOT been totally controlled by these mobsters who, through propaganda, have distorted the reporting of how so many millions of lives have been jeopardised and suffering presently under their corrupt regime. Do not let the pin strip suits and the judicial robes and regalia fool you, these are the most EVIL scumbags across the planet.

    THEIR MADNESS MUST BE ENDED AND AN ALTERNATIVE MEANS TO COMPENSATE EMPLOYEES FOR THEIR LABOUR'S AS THE PRESENT SYSTEM IS MASSIVELY DYSFUNCTIONAL AND ROBS US ALL TO LINE THE POCKETS OF THE FEW.

    WHAT HAPPENS WHEN YOU PUT A LAWYER IN CHARGE OF THE ECONOMY

    dangerous darling

    OWE NO ONE ANYTHING

    magc money Debt Free Sovereign Trust

    A typical real estate purchase and sale goes down as described below after the buyer and the seller have signed the agreement of purchase and sale:
    The buyer goes to Magic Bank in response to the bank's claim that it is in the business of lending money in accordance to its corporate charter. The buyer went to the bank believing that Magic Bank had the asset (money) to lend. Magic Bank never tells its customers the truth that it does not have any money to lend, nor are they permitted to use their depositors' money to lend to its borrowers.

    Notwithstanding the fact that Magic Bank does not have any money to lend, Magic Bank makes the buyer/borrower to sign a mortgage loan application form which is essentially a promissory note that the buyer/borrower promises to pay Magic Bank for the money (what money?) he/she is supposed to receive from Magic Bank even before any value or consideration is received by the buyer/borrower from Magic Bank. This promissory note is a valuable consideration, a receivable and therefore an asset transferred from the buyer to the bank which Magic Bank enters into its own asset account as a cash deposit.

    After making sure that the buyer has the ability to pay the required monthly payments (the buyer has credit), Magic Bank agrees to lend the buyer the money (cash) to pay the seller. Magic Bank has no money to lend but it gave the buyer a promise to lend money by way of a commitment letter, loan approval letter, loan authorization or loan confirmation letter, etc., signed by a bank official or loans/mortgage officer employed by Magic Bank.

    Magic Bank's acceptance of the buyer's promissory note made the bank liable to the buyer/borrower for the full face value of the promissory note which is the agreed purchase price of the property, less any cash deposit or down payment money paid by the buyer directly to the seller.

  • FULL ARTICLE HERE