ECONOMY MONEY AND BANKING

Bank Crimes Pay: Under the Thumb of the Global Financial Mafiocracy

On Nov. 13, the United Kingdom’s Serious Fraud Office (SFO) announced it was charging 10 individual bankers, working for two separate banks, Deutsche Bank and Barclays, with fraud over their rigging of the Euribor rates. The latest announcement shines the spotlight once again on the scandals and criminal behavior that have come to define the world of global banking.

To date, only a handful of the world’s largest banks have been repeatedly investigated, charged, fined or settled in relation to a succession of large financial scams, starting with mortgage fraud and the Libor scandal in 2012, the Euribor scandal and the Forex (foreign exchange) rate rigging. At the heart of these scandals, which involve the manipulation of interest rates on trillions of dollars in transactions, lie a handful of banks that collectively form a cartel in control of global financial markets – and the source of worldwide economic and financial crises.

Expose the Crime and do the Time

The whistleblower who exposed wrongdoing at HSBC’s Swiss private bank has been sentenced to five years in prison by a Swiss court.

Hervé Falciani, a former IT worker, was convicted in his absence for the biggest leak in banking history. He is currently living in France, where he sought refuge from Swiss justice, and did not attend the trial.

The leak of secret bank account details formed the basis of revelations – by the Guardian, the BBC, Le Monde and other media outlets – which showed that HSBC’s Swiss banking arm turned a blind eye to illegal activities of arms dealers and helped wealthy people evade taxes.
READ MORE: http://www.theguardian.com/news/2015/nov/27/hsbc-whistleblower-jailed-fi...

Goldman Sachs' NZ boss Andrew Barclay - the man charged with shaking off the 'great vampire squid'

"Goldman's had its issues," Barclay admits, while sipping a short black. "If you go through the litigation settlements in the US, you'll see that there are a range of them, from insider trading to market manipulation - all those sorts of things." Goldman, which posted a US$8.5 billion profit last year, isn't alone among the investment banking giants in having a long list of controversies attached to its name.

Plenty of conspiracy theories also stem from the many Goldman bankers who have gone on to hold senior government positions around the world. New Australian Prime Minister Malcolm Turnbull is a former Goldmanite.
READ MORE: http://www.nzherald.co.nz/business/news/article.cfm?c_id=3&objectid=1155...

Britain’s Government Sponsored National Housing Ponzi Scheme

This all sounds a bit familiar here in New Zealand...

This bill will reduce the total number of affordable homes in the backdrop of a rising population, it also encourages ever more property speculation, as if it needed it. Margaret Thatcher’s housing policy legacy was to sell off over four million council homes where 40% ended up being in the hands of private landlords.

The result of all this political meddling? A housing crisis where nearly two million households (families, not individuals) are on waiting lists for a council home. Home ownership is now plunging. Debt is soaring just to keep the family above the waterline, homelessness has now risen 300% in five years, poverty is escalating, child poverty with it. One third of Britain’s children will live in poverty by 2020 – thanks in large part to housing.
READ MORE: http://truepublica.org.uk/united-kingdom/britains-government-sponsored-n...

Corporate Parasites And Economic Plunder: We Need A Genuine Green Revolution

Over the past few centuries, Western countries embarked on a road to material affluence at the expense of the environment and other peoples across the globe who were subjugated, killed or left to live in poverty. And while offering more of the same and selling unfettered capitalism to the rest of the world, Washington as the now dominant imperial power is doing all it can to destroy any rivals, not least Russia and China. It alone thinks it should be the sole beneficiary in a resource-depleting race towards a barren-wasteland finish.

Imagine every nation attempting to emulate US levels of material consumption. Consider that US citizens constitute 5 percent of the world’s population but consume 24 percent of global energy. Now consider the consequences of a US-style model of ‘development’ rolled out across the world. It would be unsustainable for the planet to have a dozen ‘Americas’. Indeed, one alone is too much.

7 Years of a John Key Lead National Government, 7 Years of Robbery, Economic Spin and Outright Bullshit

For the last 7 years or so we have been indoctrinated with the mantra of the mythical "Rock Star Economy" and the legend of John Key the expert currency trader/banker who is a financial genius that would lead New Zealand into a golden economic age.

I remember better days in this country. I live in the capital city Wellington. When I think back to over 7 years ago I remember this city was alive and vibrant. It was busy nearly any day or night of the week down Courtenay Place which is the main bar and entertainment strip of the city. This city had a thriving community and a great vibe.

Fast forward to today and the place is quiet. The crowds of people on the streets at night out spending money on entertainment just aren't there like they once were. The lively 'vibe' of this city is not there like it once was. John Key himself has said "Wellington is a dying city"

Dr. Paul Craig Roberts : TPP ("trade deals") & the New World Order


Dr. Roberts shares with us his analysis of the TPP (Trans-Pacific Partnership) and other so-called "trade deals" such as TTIP and TiSA, and raises the question as to whether we are seeing, in these developments, the dawn of the New World Order.

UK: Harsh Welfare Reforms Linked to Hundreds of Suicides and Over 700,000 People Placed on Anti-Depressant Medications

A cruel false economy? UK government efforts to reduce the number of people claiming disability benefit appear to have driven 590 people in England to suicide and to have put 725,000 more on antidepressants.

Researchers suggest the adverse effects of this policy might outweigh any benefits, and could result in disabled people becoming more dependent on state aid, not less.

Since 2010, more than a million people have had their eligibility for disability allowance reviewed. There have been claims that this process has been too severe, putting pressure on people who really are unfit to work and, sometimes, pushing them to suicide.
READ MORE: https://www.newscientist.com/article/dn28499-analysis-links-590-suicides...

Drone Whistleblowers Have Bank Accounts and Credit Cards Frozen

Last week several brave individuals came forward to further blow the whistle on the US mass murder/assassination drone programme. They provided deeper insight to the goings on in the drone programme such as calling children that they were killing "fun sized terrorists" and drone operators being wasted on drugs while killing civilians and children.

These former drone operators have described horrific war crimes and stepped forward to inform the world of the criminal abuses happening within the drone programme.

Their lawyer announced today that these whistleblowers have now had their finances frozen by the US government including their bank accounts and credit cards. This step will effectively cripple them.

The War on Encryption and Bitcoin – Nothing to Do with Terrorism, Everything to Do with State Control

Politicians and intelligence agencies throughout the Western world are currently engaged in an all out, shameless propaganda campaign to exploit the recent terror attacks in Paris to convince the citizenry that it should relinquish privacy for absolutely no reason.

The primary targets of the post-attack push have been encryption generally, and Bitcoin specifically. Of course, you don’t need me to tell you that these are two sides of the same coin. Both strong encryption for communication, and Bitcoin for transferring value, provide a level of freedom and dynamism outside of the oligarch-controlled, centrally planned, feudal global economic system. As such, these two tools must be demonized and eradicated to the extent possible.
READ MORE: http://libertyblitzkrieg.com/2015/11/20/the-war-on-encryption-and-bitcoi...

Syndicate content