Showing posts with label Debt. Show all posts
Showing posts with label Debt. Show all posts

09 January 2017

Interesting Links for Monday, 9 January 2017: Safer Football, Currency War, Peanut Revived and More




Can Technology Make Football   Safer?            (The New Yorker)

Bitcoin will never be a currency. It is something way weirder    (Wired)

The Lost Ancestral Peanut of the South is Revived           (NPR)

Does the weedkiller Roundup™ cause fatty liver disease, obesity, diabetes and more?    (The Ecologist)

The Growing Threat To Global Trade: A Currency War      (Barron's)

The Economic Risk of Ignoring Arithmetic
(Hussman Funds)

Tom Tomorrow's latest cartoon: "Farewell Address     (Daily Kos) 

Trump calls out Meryl Streep after her speech at the Golden Globes       (The Daily Beast)

Trump™ Organization is $350 Million in Debt to Wall Street; He Owes Another $1.5 Billion in Partnerships Where He Owns 30% or more. 150 firms own his debt creating a huge potential conflict.
(Indy Channel)


Trump Aide Monica Crowley Plagiarized Large Portions of 2012 Book    (Slate)


04 March 2015

Links To Help You Think On Wednesday, March 4, 2015

The Unnerving Thing Wells Fargo Just Said About the Auto Boom (Wolf Street) 


Breaking Bad (Debt) - Episode One (The Burning Platform)

26 November 2012

BBC Documentary: "The Money Trap - How Banks Control The World Through Debt"

This is a short documentary which will speak to any of you who were ever a "revolver", i.e., the number one "mark" of Banksters who use debt to keep you trapped in a circle of hell. If you are reading this, you are lucky. You are already empowered. Many people have no clue what to do when they are ensnared in the Money Trap. 

This documentary looks at one man who took his life and the effect it has had on his family. A British bank executive blows the whistle on the evil which Banksters use to entrap the unsavvy consumer:

 

06 July 2011

From the Film "The International" - "The Essence Of The Banks Is To Make Us Slaves To Debt"

The very essence of the banking system. To make us all slaves to debt. Those who control the debt, control everything.

16 June 2011

Jim Rogers On Dylan Ratigan's Show - June 16, 2011

Jim Rogers warns the next Recession will be worse if we don't write down our debt.


22 December 2010

Richard Wolff: Get Off The Debt Train, America

A short, but sweet observation on Americans and their credit binge from the past 30 years as seen by Richard Wolff during a GRITtv interview. Wolff is calling for fundamental changes in our Economic structure.

Wolff is telling us we cannot go back to being pinoneers who no longer "Go west", but who, instread, "Go into debt, " as that way only puts us back on a train running down the tracks into a brick wall.

21 December 2010

David Stockman Tells Dylan Ratigan What The Biggest Fiscal Mistake In US History Is

David Stockman, former Director of OMB during Ronald Reagan's administration, and Dylan Ratigan discuss the Tax Cut deal between Republicans and Democrats. Stockman calls the Bush Tax Cuts "the biggest fiscal mistake in history."

As Ratigan points out in the segment's beginning, the defecit has been a problem for the better part of 30 years. In 1981, under Ronald Reagan, our debt was 32% of our GDP. When Reagan left office, our debt/GDP ratio had grown to 52%.

Today, our debt is 94% of our GDP.

Ratigan and Stockman talk candidly about the reasons we are in this sad state of burgeoning debt and shrinking revenues.

As Stockman so succinctly says, "We are destroying the Economy on Uncle Sam's credit card. And the idea that (the extended Bush Tax Cuts) this will cause consumers to spend for some more junk from Home Depot that's going to be made in China . . . to me . . . doesn't make any sense at all."



And toward the end of this interview, Stockman let's loose with this:

"In January 2000, there were 72 million middle class jobs . . . manufacturing, construction, finance, insurance, real estate, the professions, transportation, distribution and so forth. Today, a decade later, there are only 65 million (middle class jobs). We've lost 10% of our middle class family supporting jobs, and we've only created temporary, part-time jobs, so there's been no real growth. What we've had instead is a Fed engineered serial bubble that's created the appearance of wealth, that has caused people to consume beyond their means through borrowing and that has flushed the income and the wealth of our society up to the top as a result of the Fed turning the financial markets into a casino.

These are pure casinos. They are NOT capital markets. They are not adding to the productive capacity of our Economy. They are simply a bunch of robots trading with each other by the millisecond as a result of the Fed giving them Zero Cost overnight money and giving them all kinds of hand signals on what to front run.

This is a very bad mess and we're not going to get our Economy solved until we get a totally new policy at the Fed and a clean up of this whole casino that used to be called Wall Street."

25 November 2010

The Money Masters: How International Bankers Gained Control of America

Part 1



In which you the viewer will learn about the Federal Reserve, which is neither a Federal agency of the United States Goverment, nor has reserves. It is, however, a private bank with private shareholders and not many Congress persons know these facts. Watch this video to learn how international bankers of a banking cartel now control the US Economy:

p.s. If the screen is blank or black, go down to the arrow control right below it and click on the arrow or "play" button. The movie will take a few seconds to load. By the way, Part 2 is further down the page:

(Addendum: A good synopsis of this film was recently posted at www.dailybail.com by someone under the name of S. Gompers. Gompers titled the post "A History of Stimulus, Funny Money and Central Banking"
and can be read by clicking HERE or on the title of the piece.)



Part 2

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