credit
Europe At A Crucial Crossroad
The banking cabal promised that they could permanently lower borrowing costs on all the debt of all these governments, forever… with unrestrained credit default swaps (CDS).
7Jun2012 | JeffNielson | 0 comments | ContinuedPaper Money: The Barbarous Relic
“It has been asked of me by several worried readers if all this central bank gold-buying is being done to stock-up on gold – merely so that the bankers can again crush the market by dumping all the gold they are currently accumulating. Here individual gold-holders can put their minds at ease…”
4May2012 | JeffNielson | 0 comments | ContinuedChase’s Predatory Credit Card Behavior Shows How Consumer Ire Is Deserved
A recent anecdote involving Chase has shows how the big banks really have little call to be surprised when consumers generally hate them. This goes far beyond fees: there is just the general sense that all customers are mere “potential marks” for predatory behavior…
13Mar2012 | admin | 8 comments | ContinuedCredit Default Swap Fraud Exposed/Confirmed
Allowing bets to be placed (more than $60 trillion in total), and then allowing the banksters taking the bets to define when they lose, after all the bets have been placed, is not even a subtle scam. It is a clumsy fraud perpetrated by a group of Oligarchs who yet again have demonstrated their complete contempt for an apparently antiquated doctrine known as the Rule of Law.
5Mar2012 | JeffNielson | 3 comments | ContinuedThe Gambler Economy
With the fruits of our labours preserved via the integrity of a gold standard, and with ordinary people not being brainwashed into incurring vast amounts of debt, the average citizen of a century ago was largely immune to the scams of the bankers. Not so today.
28Feb2012 | JeffNielson | 0 comments | ContinuedThe $15 TRILLION Money-Laundering Mystery
By process of simple deduction it was totally obvious that a gigantic, money-laundering operation was being conducted, with the primary goal being to prop-up the totally fraudulent U.S. Treasuries market. All that was missing was a paper-trail to prove this fraud, and now Lord James of Blackheath has been kind enough to provide this.
24Feb2012 | JeffNielson | 5 comments | ContinuedDeadbeats ‘Bailing Out’ Deadbeats
Surely even the media drones and market “experts” can understand the concept that one deadbeat with no money cannot (financially) bail out another deadbeat with no money?
7Feb2012 | JeffNielson | 5 comments | ContinuedThe Myth of U.S. Consumer De-Leveraging
The supposed “de-leveraging” which the mainstream media boasted of was nothing but propaganda mythology. However, the new consumer debt which Americans have piled on since the beginning of 2010 is very, very real. And all the resulting U.S. auto-loan defaults, credit-card defaults, student-loan defaults, personal bankruptcies, and foreclosures in the months ahead will be very, very real as well.
18Jan2012 | JeffNielson | 4 comments | ContinuedDon’t Blame The Millionaires
There is no reason for the media to be blaming “millionaires” for wealth inequality. Yes, they too have benefited from the lowest tax rates in history for those on top. However, there is a huge conceptual difference between the millionaires (or even billionaires) and the trillionaires.
5Dec2011 | JeffNielson | 5 comments | ContinuedU.S. Faces Much Worse ‘Japanization’
An amount of liquidity equivalent to roughly ¼ of the entire global economy has been pumped into Wall Street to prevent the banksters’ fraud-saturated bubbles from deflating. To refer to this as a “post-bubble economy” is like referring to the nation of Japan as being “post-Fukushima” the day after the first meltdown.
1Nov2011 | JeffNielson | 1 comment | Continued