eric pebble Posted October 7, 2011 Share Posted October 7, 2011 (edited) The world is teetering on the edge of an abyss - AGAIN. How did we get here? The DRUG of us borrowing & Banksters LENDING MONEY got us here. It's JUST like drugees - having drugs PUSHED by the PUSHERS - the BANKSTERS. The Pushers/Banksters have devised more and more "ingenious" drugs/"free" money -- AND also devised more and more ways of PUSHING/MONEYLENDING them onto us, companies, & countries. WHY? Because they have made TRILLIONS and TRILLIONS from it -- and have squirelled this away into gold, carribean islands, mansions, Property "Portfolios", etc etc. THEY HAVE RESORTED TO INFINITE WAYS OF USING FRAUDULENT MEANS TO CARRY ON THE PUSHING - Whether to individuals, companies - or countries like Greece & Portugal..... SOLUTION: STOP THE DRUG PUSHERS IN THEIR TRACKS: STOP THE MONEYLENDERS IN THEIR TRACKS. Turn Banks into PURE utilities. Like J Christ himself, enter the temple of Moneylenders - and turn the tables over, & turn the Moneylenders out. :angry: ----------------- Christ Driving the Money Lenders from the Temple, 1635 by Rembrandt van Rijn - see pic Edited October 8, 2011 by eric pebble Quote Link to comment Share on other sites More sharing options...
papag Posted October 7, 2011 Share Posted October 7, 2011 Dont know why this hasn't made the news today but in Spain The CAM bank has virtually gone bust The Bank of Spain has bailed it out today according to local news, earlier this week the 4 directors awarded themselves a package pension etc totalling 12 million euro for failing, you couldn't make it up could you also its reported over here in Spain their credit rating as a country has had a two notch downgrade, still we wouldst want to upset the European stock markets on a good day for them would we. Quote Link to comment Share on other sites More sharing options...
dredwerker Posted October 7, 2011 Share Posted October 7, 2011 The world is teetering on the edge of an abyss - AGAIN. How did we get here? The DRUG of us borrowing & Banksters LENDING MONEY got us here. It's JUST like drugees - having drugs PUSHED by the PUSHERS - the BANKSTERS. The Pushers/Banksters have devised more and more "ingenious" drugs/"free" money -- AND also devised more and more ways of PUSHING/MONEYLENDING them onto us, companies, & countries. WHY? Because they have made TRILLIONS and TRILLIONS from it -- and have squirelled this away into gold, carribean islands, mansions, Property "Portfolios", etc etc. THEY HAVE RESORTED TO INFINITE WAYS OF USING FRAUDULENT MEANS TO CARRY ON THE PUSHING - Whether to individuals, companies - or countries like Greece & Portugal..... SOLUTION: STOP THE DRUG PUSHERS IN THEIR TRACKS: STOP THE MONEYLENDERS IN THEIR TRACKS. Turn Banks into PURE utilities. Like J Christ himself, enter the temple of Moneylenders - and turn the tables over, & turn the Moneylenders out. :angry: ----------------- Christ Driving the Money Lenders from the Temple, 1635 by Rembrandt van Rijn - see pic You hit the nail on the head for me. Why can't the govt lend the mortgages at suitable multipliers ? Quote Link to comment Share on other sites More sharing options...
nmarks Posted October 7, 2011 Share Posted October 7, 2011 Even The Shamen could see the dangers bankers pose: Remember their hit £beneezer Goode? €'s are good, £'s are good etc Quote Link to comment Share on other sites More sharing options...
wonderpup Posted October 7, 2011 Share Posted October 7, 2011 You hit the nail on the head for me. Why can't the govt lend the mortgages at suitable multipliers ? We need the banks on account of their expertise at risk assessment when lending money. Quote Link to comment Share on other sites More sharing options...
tinker Posted October 7, 2011 Share Posted October 7, 2011 The world is teetering on the edge of an abyss - AGAIN. How did we get here? Turn Banks into PURE utilities. Like J Christ himself, enter the temple of Moneylenders - and turn the tables over, & turn the Moneylenders out. :angry: As a youngster you are told not to be greedy, to share, to be nice. There was a step change from the 'greed is good' and Yuppiedom culture of the 80s when housing bubbles first took off (thanks Maggie). In the 90s when people got burned and you would think lessons learned, then came Gordon Brown... with his lax regulation, his praise the innovation of the bankers who were to run amok. The unbridled greed of course was a bit of a problem - ours. It seems bizarre that things got so far, enough to wreck the Western economy. Yet even more bizarre that the last few years have been about keeping the whole money-go-round going... with politicians not fit for purpose. For generations to come, quite tragic. Why it should take years for high street banking and casino banking to be separated (if ever) is beyond me. Quote Link to comment Share on other sites More sharing options...
wonderpup Posted October 7, 2011 Share Posted October 7, 2011 Why it should take years for high street banking and casino banking to be separated (if ever) is beyond me. Because the investment banks can only now survive via dangerous speculative activities and they would rather take these risks with your money rather than their own. So we have a situation where addicts are in control of the worlds money and any attempt to wrest that control away will crash the system. It's like a drunk has taken over the wheel of your car and accelerated to 70 MPH- what to do? If you don't intervene he will crash the car, if you try to intervene you might crash the car- so instead you sit paralysed as the wall in the distance gets closer and closer. You could turn on the radio to listen to a politician telling you that the way out of your predicament is to cut your use of petrol via 'austerity'- but that's not going to prevent the drunk in the driving seat blowing you and himself up. Quote Link to comment Share on other sites More sharing options...
Charlie The Tramp Returns Posted October 7, 2011 Share Posted October 7, 2011 Why it should take years for high street banking and casino banking to be separated (if ever) is beyond me. Because Global Governments have no spunk to take firm action, they would appear to be left wing reactionaries if they did when we all know they are Monetarists through and through and that`s not playing cricket. The Banks Globally rule and if you throw their toys out of the pram they bugger off to a country who would welcome them with open arms. Quote Link to comment Share on other sites More sharing options...
eric pebble Posted October 8, 2011 Author Share Posted October 8, 2011 Because the investment banks can only now survive via dangerous speculative activities and they would rather take these risks with your money rather than their own. So we have a situation where addicts are in control of the worlds money and any attempt to wrest that control away will crash the system. It's like a drunk has taken over the wheel of your car and accelerated to 70 MPH- what to do? If you don't intervene he will crash the car, if you try to intervene you might crash the car- so instead you sit paralysed as the wall in the distance gets closer and closer. You could turn on the radio to listen to a politician telling you that the way out of your predicament is to cut your use of petrol via 'austerity'- but that's not going to prevent the drunk in the driving seat blowing you and himself up. 11/10. Excellent analogy. Quote Link to comment Share on other sites More sharing options...
Byron Posted October 8, 2011 Share Posted October 8, 2011 The world is teetering on the edge of an abyss - AGAIN. Like J Christ himself, enter the temple of Moneylenders - and turn the tables over, & turn the Moneylenders out. :angry: ----------------- Christ Driving the Money Lenders from the Temple, 1635 by Rembrandt van Rijn - see pic Just like 'Occupy Wall Street' Quote Link to comment Share on other sites More sharing options...
Wig Posted October 8, 2011 Share Posted October 8, 2011 Because the investment banks can only now survive via dangerous speculative activities and they would rather take these risks with your money rather than their own. So we have a situation where addicts are in control of the worlds money and any attempt to wrest that control away will crash the system. It's like a drunk has taken over the wheel of your car and accelerated to 70 MPH- what to do? If you don't intervene he will crash the car, if you try to intervene you might crash the car- so instead you sit paralysed as the wall in the distance gets closer and closer. You could turn on the radio to listen to a politician telling you that the way out of your predicament is to cut your use of petrol via 'austerity'- but that's not going to prevent the drunk in the driving seat blowing you and himself up. What a fantastic analogy. Hats off mate I'll be attempting to relay that to people as often as possible Quote Link to comment Share on other sites More sharing options...
tinker Posted October 8, 2011 Share Posted October 8, 2011 Excellent drunken, maniac driver analogy wonderpup. Though I also agree with Charlie The Tramp Returns in that our elected representatives are either spineless or corrupt. Then I suppose ordinary people don't attain such power. Reminds me of the saying that 'those who seek power should never be given it.' The media blanket on the Wall Street demos is interesting, were Lybia or Syria or Iran you can bet it would be BIG news. Quote Link to comment Share on other sites More sharing options...
Executive Sadman Posted October 8, 2011 Share Posted October 8, 2011 Yes, Bill Still in moneymasters mentioned the only time Jesus resorted to violence was eraticating the Moneylenders What we need is some kind of divine intervention. A george bush or Tony Bliar who talks to god not about killing muslims, but bankers. Quote Link to comment Share on other sites More sharing options...
iamdamosuzuki Posted October 8, 2011 Share Posted October 8, 2011 Violence is the only solution. State violence, War, revolution, terrorism, assasinations. We all know the current system is finished, and there is no other way out. That's my tuppence anyway. The investment bankers, btw, are preparing for of all of this. Why there isn't a public outcry is beyond me..... they are already punting dictatorship. Seems their wonderful 'end of history' hasn't worked out the way they wanted it. So if the powers that be are working to destroy democracy, what do they want to put in it's place? "Europe is carrying a social rucksack, which makes us uncompetitive in this world. We have provided living standards for our populations which are unheard of, which no one ever thought would be possible, for the last 50 years." "People do not want to give up these living standards." "Populations are not ready to voluntarily discipline themselves in more work, less rewards, and less security. And it's only [natural] that the population would react like this and here, its a question of democratic leadership and a question of whether indeed we are able to reinvigorate ourselves and to state public ally in this world that that we want to be competitive." Read more: http://articles.businessinsider.com/2011-03-21/wall_street/29983588_1_populations-investment-banker-european-union#ixzz1aBlV4atP Quote Link to comment Share on other sites More sharing options...
Game_Over Posted October 8, 2011 Share Posted October 8, 2011 The world is teetering on the edge of an abyss - AGAIN. How did we get here? The DRUG of us borrowing & Banksters LENDING MONEY got us here. It's JUST like drugees - having drugs PUSHED by the PUSHERS - the BANKSTERS. The Pushers/Banksters have devised more and more "ingenious" drugs/"free" money -- AND also devised more and more ways of PUSHING/MONEYLENDING them onto us, companies, & countries. WHY? Because they have made TRILLIONS and TRILLIONS from it -- and have squirelled this away into gold, carribean islands, mansions, Property "Portfolios", etc etc. THEY HAVE RESORTED TO INFINITE WAYS OF USING FRAUDULENT MEANS TO CARRY ON THE PUSHING - Whether to individuals, companies - or countries like Greece & Portugal..... SOLUTION: STOP THE DRUG PUSHERS IN THEIR TRACKS: STOP THE MONEYLENDERS IN THEIR TRACKS. Turn Banks into PURE utilities. Like J Christ himself, enter the temple of Moneylenders - and turn the tables over, & turn the Moneylenders out. :angry: ----------------- Christ Driving the Money Lenders from the Temple, 1635 by Rembrandt van Rijn - see pic Banks work within legal and regulatory frameworks set by POLITICIANS and the system worked fine for well over half a century. Then POLITICIANS got greedy and let the banks rip in order to pay for their POLITICAL projects In Europe these were the EURO and in the UK the creation of a vast socialist client state by Nu Labour. Fortunately the magic money ran out before these projects were wholly entrenched - but only just. Blame the bankers if you like - but that is what POLITICIANS want you to do. Because it lets them off the hook. Quote Link to comment Share on other sites More sharing options...
Executive Sadman Posted October 8, 2011 Share Posted October 8, 2011 Banks work within legal and regulatory frameworks set by POLITICIANS and the system worked fine for well over half a century. Then POLITICIANS got greedy and let the banks rip in order to pay for their POLITICAL projects In Europe these were the EURO and in the UK the creation of a vast socialist client state by Nu Labour. Fortunately the magic money ran out before these projects were wholly entrenched - but only just. Blame the bankers if you like - but that is what POLITICIANS want you to do. Because it lets them off the hook. Bankers ARE politicians In the US they call it the revolving door between Washington and Wall Street. But, you are right, in the public perception, the two are distinct. We shouldnt forget banks only operate in the framework set by the central bank. Ie the CB held interest rate too low for too long, based on GORDON BROWNS inflation stats/lies. Quote Link to comment Share on other sites More sharing options...
Game_Over Posted October 8, 2011 Share Posted October 8, 2011 Bankers ARE politicians In the US they call it the revolving door between Washington and Wall Street. But, you are right, in the public perception, the two are distinct. We shouldnt forget banks only operate in the framework set by the central bank. Ie the CB held interest rate too low for too long, based on GORDON BROWNS inflation stats/lies. IMO they are distinct. The EURO was an entirely political project which was doomed to fail from the start Now it has failed - politicians are blaming bankers, because bankers are reluctant to lend other people's money to European governments, many of whom have no means of paying back these loans. IMO it is not the job of bankers to invest in other peoples failed political projects in order to save individual politicians careers. Why should they? Quote Link to comment Share on other sites More sharing options...
Executive Sadman Posted October 8, 2011 Share Posted October 8, 2011 IMO they are distinct. The EURO was an entirely political project which was doomed to fail from the start Now it has failed - politicians are blaming bankers, because bankers are reluctant to lend other people's money to European governments, many of whom have no means of paying back these loans. IMO it is not the job of bankers to invest in other peoples failed political projects in order to save individual politicians careers. Why should they? I wish i shared your view, that it seems to be some kind of gross incompetence over the euro, politicians are ignorant to the forces around them. But alas, i fear it is all planned. Their endgame, i dont know, other than one global govt, one global bank. Quote Link to comment Share on other sites More sharing options...
yellerkat Posted October 8, 2011 Share Posted October 8, 2011 I wish i shared your view, that it seems to be some kind of gross incompetence over the euro, politicians are ignorant to the forces around them. But alas, i fear it is all planned. Their endgame, i dont know, other than one global govt, one global bank. Depends if you're a ****-up or conspiracy type person. Personally I tend to favour ****-up. Errr... perhaps I should re-phrase that... Quote Link to comment Share on other sites More sharing options...
The Eagle Posted October 8, 2011 Share Posted October 8, 2011 (edited) Banks work within legal and regulatory frameworks set by POLITICIANS and the system worked fine for well over half a century. Then POLITICIANS got greedy and let the banks rip in order to pay for their POLITICAL projects In Europe these were the EURO and in the UK the creation of a vast socialist client state by Nu Labour. Fortunately the magic money ran out before these projects were wholly entrenched - but only just. Blame the bankers if you like - but that is what POLITICIANS want you to do. Because it lets them off the hook. Our resident bankster-troll never fails to pop up when banksters are under attack here... Go maggie go, tell us what angels the banksters all are!! --- Edited October 8, 2011 by awake_eagle Quote Link to comment Share on other sites More sharing options...
copydude Posted October 8, 2011 Share Posted October 8, 2011 I wish i shared your view, that it seems to be some kind of gross incompetence over the euro, politicians are ignorant to the forces around them. But alas, i fear it is all planned. Their endgame, i dont know, other than one global govt, one global bank. The endgame appears to be based on the same principle at inception: one-size fits all. Didn't work and never will. Countries would not normally queue up to surrender their sovereignty, unless they happen to be on the breadline. Which unfortunately many are at present. Whether that was 'planned' - and by whom - depends upon your particular conspiracy theory. Quote Link to comment Share on other sites More sharing options...
nmarks Posted October 8, 2011 Share Posted October 8, 2011 (edited) Our resident bankster-troll never fails to pop up when banksters are under attack here... Go maggie go, tell us what angels the banksters all are!! --- From the Liam Fox affair: It turns out that Liam Fox's so-called advisor Adam Werrity was working for a charity Atlantic Bridge, set-up in the UK to unite right-wing politicians either side of the pond. Despite neither having security clearance nor a contract with the Ministry of Defence Werrity has nonetheless been invited by Fox to sit-in on fourteen meetings at the MoD. Not only have Werrity's use of Government intellectual property been inappropriate (inappropriate use of the Portculis logo) and his claim to be an advisor to Liam Fox inaccurate, his presence in MoD buildings has put national security at risk. On October 5th it was reported that Atlantic Bridge was struck off by the Charity Commissioner because it " its charitable purposes have not been advanced by any of its activities." Who was among the Atlantic Bridge patrons? One Margaret Thatcher. Edited October 8, 2011 by nmarks Quote Link to comment Share on other sites More sharing options...
ccc Posted October 8, 2011 Share Posted October 8, 2011 Without addicts the pushers cease to exist. Quote Link to comment Share on other sites More sharing options...
Sir Harold m Posted October 8, 2011 Share Posted October 8, 2011 +1 Nail on head. Half the bankers involved truly believed they were making money and generating wealth for both themselves and society . They were happily led in this delusion because their political bosses effectively took a huge slice of their gains and distributed it. Anyone who suggested an alternative model like sound money and low taxes for producers of wealth were castigated by labour and the bank bosses as Luddite reactionary right wing bigots. Remember for all the faults of the 80's politicians they still pushed up rates when inflation had clearly taken hold. This was correct, unpopular and punished the guilty ( reckless borrowers and lenders) From about 2001 the game changed. Politicians and bankers slashed rates whenever natural economic forces were pitting the brakes on. Money and wealth creation were disconnected for political purposes and disaster inevitably occurred. To compound their error they spent money that hadn't been earnt then borrowed more to kick the can instead of facing the music. In 2008 they could have let the banks fail and then borrowed trillions over thirty years and used it to rebuild infastructure and invest in productive assets that would pay down the borrowing. Instead they borrowed similar amount to keep houses from crashing. A few billion more borrowed the same amount of houses still exist. What a colossal wate if our children and grandchildrens money. And it won't work ! Quote Link to comment Share on other sites More sharing options...
Injin Posted October 8, 2011 Share Posted October 8, 2011 +1 Nail on head. Half the bankers involved truly believed they were making money and generating wealth for both themselves and society . They were happily led in this delusion because their political bosses effectively took a huge slice of their gains and distributed it. Anyone who suggested an alternative model like sound money and low taxes for producers of wealth were castigated by labour and the bank bosses as Luddite reactionary right wing bigots. Remember for all the faults of the 80's politicians they still pushed up rates when inflation had clearly taken hold. This was correct, unpopular and punished the guilty ( reckless borrowers and lenders) They also started the borrowing to spend thing to get around tax limits. From about 2001 the game changed. Politicians and bankers slashed rates whenever natural economic forces were pitting the brakes on. Money and wealth creation were disconnected for political purposes and disaster inevitably occurred. To compound their error they spent money that hadn't been earnt then borrowed more to kick the can instead of facing the music. In 2008 they could have let the banks fail and then borrowed trillions over thirty years and used it to rebuild infastructure and invest in productive assets that would pay down the borrowing. Instead they borrowed similar amount to keep houses from crashing. A few billion more borrowed the same amount of houses still exist. What a colossal wate if our children and grandchildrens money. And it won't work ! Don't worry about it, the kids and grandkids aren't going to pay. The political class and banksters are all going to die instead, and the debt wiped away like it never was. Quote Link to comment Share on other sites More sharing options...
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