ALL Icelanders receive money after government takes over ownership of bank

Every Icelander will receive about US$232,802 for the sale of one of the country’s three largest banks, Islandsbanki.

Creditors of the failed bank proposed the nationalisation of Islandsbanki, in which they hold a majority stake. The move will help Iceland lift capital controls imposed after the 2008 financial meltdown and will give Icelanders a fair share of the failed bank’s sale.

Nugan Hand bank mystery: Michael Hand found living in the United States

Over the years, the two words Nugan Hand became shorthand for drug-dealing, gun-running, organised crime and clandestine intelligence activities.

But nobody has been convicted. Governments, security and espionage agencies ran dead or appeared to look the other way. Many men associated with the bank's affairs in Australia, the US and Asia have died early or in mysterious circumstances.

A Swiss group has collected the 100,000 signatures necessary to require a national referendum on requiring banks to hold 100% reserves

In a nut shell, the proposal extends the Swiss Federation’s existing exclusive right to create coins and notes, to also include deposits. With the full power of new money creation exclusively in the hands of the Swiss National Bank, the commercial banks would no longer have the power to create money through lending. The Swiss National Bank’s primary role becomes the management of the money supply relative to the productive economy, while the decision concerning how new money is introduced debt free into the economy would reside with the government.

How on earth did Australia's banks understate investor housing loans by $50 billion?

What does it say about policy that we now have a situation where landlord loans make up 40 per cent - 40 per cent! - of all outstanding residential mortgages?

These are just some of the questions that arise from the revelations today by Reserve Bank deputy Governor Philip Lowe.

The new estimate of the investor loans apparently came as lenders took a closer look at their books after the bank regulator, the Australian Prudential Regulation Authority (APRA), increased scrutiny, as it tried to get the banks to rein in investor credit growth.

Documentary: The Bitcoin Gospel

Prepare For The Total Destruction Of The Financial System

We are likely to reach a point very soon when investors around the world realize that central banks printing trillions of dollars of worthless paper can never create wealth and therefore will just lead to a total implosion of the financial system as we see multiple systemic failures. Looking at the bad news from all across the world, it is likely that this secular bull will turn down strongly before the end of 2015.

Throughout history, corrupt leaders and governments have consistently over-promised and under delivered leading to chronic deficits, money printing and mounting debts. This is why gold is continuously going up measured in paper money. And this is why gold will go to unimaginable heights in coming years as global debt increases exponentially.

When Does Technological Advancement Actually Lead to Prosperity?

When is a society prosperous? The general understanding seems to be it’s when everyone has an abundance of goods. But is this a useful definition? Are you prosperous if you have an abundance of goods, but no time to enjoy them? Are you prosperous if you have an abundance of goods, but you’re sick? Are you prosperous if you have an abundance of goods, but you live in an oppressive society? Are you prosperous if you have an abundance of goods but are desperately unhappy and feel you’ve wasted your life?

Want Cash? Next-Gen ATMs Demand Biometric Verification: “Smartphone and Eye Scan To Dispense Money”

Some of the longest standing fears have been based around the idea that once cash is fully banned, the last remaining vestiges of freedom will go with it.

While that remains to be seen in total, it is clear that a digital matrix of computer-based spending, surveillance and control is taking over more and more of our lives.

Now that system wants to scan your iris and even talk with your smartphone in order to allow you to access your own hard-earned money. Sadly, this eerie new world order scenario is closer to reality than ever before.

Malnutrition and 'Victorian' diseases soaring in England 'due to food poverty and cuts'

Cases of malnutrition and other “Victorian” diseases are soaring in England, in what campaigners said was a result of cuts to social services and rising food poverty.

NHS statistics show that 7,366 people were admitted to hospital with a primary or secondary diagnosis of malnutrition between August 2014 and July this year, compared with 4,883 cases in the same period from 2010 to 2011 – a rise of more than 50 per cent in just four years.

Boycott Westpac Bank

We all need to have a bank account in this stupid society but we don't have to bank with Westpac Bank. If you or anyone you know banks with Westpac you should close your accounts and move to a New Zealand owned bank such as KiwiBank or the Taranaki Savings Bank (TSB)

Westpac Bank have just shown everyone they do not give a fuck about your privacy or the rule of law.

Syndicate content