Bank Frauds in the News – $43 Trillion Financial Fraud Lawsuit in US – Racketeering and Money Laundering

Iceland dealt with it’s banking and financial problems and the economy is recovering.  The Irish are taking mass action against the banks. Even the US have started civil lawsuits against racketeering and Money Laundering now – but they’re trying to keep it quiet.

Censored: Banks Fraud in the News – $43 Trillion Financial Fraud Lawsuit and CNBC Executive’s Children Murdered – coincidence or not!?

Do you watch/read the news? Do you believe it isn’t censored…?
In that case you will have heard one of the big CNBC related news stories.

Not the one about the Vice President of CNBC Digital having his children murdered, which is the daily fodder of stories that media like to feed people that enjoy this kind of curious behaviour. Even though it was horrific and not deserving of anyone, especially young children: http://www.dailymail.co.uk/news/article-2223972/Krim-murder-Brave-year-old-girl-tried-fight-killer-nanny.html

But the other BIG story I’m referring to is about the $43 trillion dollar lawsuit that CNBC had published earlier that same day.  It was a Press Release that they had run on their website, I know it was there as I had a glance last week and saved the link to read later. CNBC Published the article on Thursday and it had disappeared within 48 hours! Now who says news isn’t censored!?

This is the link where the article WAS:
http://www.cnbc.com/id/49555671/Major_Banks_Governmental_Officials_and_Their_Comrade_Capitalists_Targets_of_Spire_Law_Group_LLP_s_Racketeering_and_Money_Laundering_Lawsuit_Seeking_Return_of_43_Trillion_to_the_United_States_Treasury

A copy of the deleted article/press release is available here to read:
http://www.scribd.com/doc/111797302

View the 858 Page Lawsuit here:
http://www.scribd.com/doc/111799801

And other people that notice the anomaly and discussing the coincidence:
http://wtfrly.com/2012/10/27/cnbc-curiously-removes-article-on-43-trillion-financial-fraud-lawsuit-after-executives-kids-murdered-in-new-york-nanny-case/

I’m not saying there is a link but don’t you think it curious that it happened!?

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Elsewhere in the World….

Do what Iceland did and kick out the corrupt Government plebs and fraudulent bankers!

The Irish have also started their cases

Bankers in America know their time has come with the latest lawsuit and it looks like it will be the UK’s biggest next, with Lloyds TSB management and their Halifax Bank of Scotland partners next.

Do you think your Bank has defrauded you?

Well, with so much overwhelming evidence (or lack of defence offered), moral and financial bankruptcy, government bailouts, whilst they take money from ‘Dear Doris’ – the answer is yes and you can find out easily by asking them a few simple questions.

Of course if you’re happy with them defrauding you, then carry on as normal. After all is Ignorance is Bliss!

If you want to know for sure then you can send them a letter requesting a certified copy of your supposed contracts and proof of Bank funds, to confirm your suspicions.

Your only obligation to yourself is to send the letter, see what answers you get back – then follow up with legal action (if you can afford) or at least publish the information online if there is something untoward or shady about any misdirection and refusal to provide answers or documents that you have a right to!

Yes that’s right – Banks refuse to send documents either because they don’t have them or because they believe they can get away with it. Is it time you showed them that people aren’t going to take any more fraud and lies?

Isn’t it time you took a stand too?

Leave a comment below and I’ll send you a copy of the letter to find out if you have been taken for a ride.

Europe: Who let the PIGS Out?

Not a very festive blog but read on if you want to know what the heck is happening in Europe and who’s next… Who let the PIGS Out?

The Global economy is a mess right now, Governments want it one way, Banks another and the People… well you just watch the News right now – they have the final say! There’s a lot of strange energy around right now, I’m sure you’ve noticed it even if you don’t know what I mean – it appears negative but it’s change for the best.

American and World Government and their Leaders have no need to manufacture Bad News anymore… it’s really here! We won’t discuss The illegal Wars, WikiLeaks Julian Assange or anything else – lets keep it European today!

Watch this great little video showing the background to The Crises of Capital then read on…

http://www.youtube.com/watch?v=qOP2V_np2c0

Never mind ‘Who Let the Dogs Out’, you should be asking ‘Who Bailed the PIGS Out?’
They used to talk about investing in the BRIC countries (Brazil, Russia, India & China) now it’s all about the Bankrupt PIGS (Portugal, Italy, Greece and Spain) aka PIIGGS (to include Ireland and Great Britain). Luckily the EU are making plans to bail them all out… Who has the printing press for all these Dollars and Euros being flooded onto the market? Unfortunately the money is only making it as far as the Fat Cats in Governments and Banks!

Subscribe to this Blog, follow me on Twitter and Facebook and check the other posts if you want to know the truth about what is happening. Share the links and posts with your friends if you find them of value!

Banks, Governments and Corporations do NOT have a conscience or spirit – they require human beings to animate them.  When you ask their employees to tell the truth, be honest and do the RIGHT thing – they will not speak up and represent themselves but go to a Lawyer (pronounced liar) to re-represent them (all paid for by the corporation with your money). As when given the option to be honest, they choose not to!
After all who would bite the hand that feeds them? Even if it was slapping the rest of their family and telling them to as well, before it put leftovers in their mouth – having had the main meal itself!?

You can’t bury or hide the truth, as it always comes out.

The Real Pigs are in Government and Banking!
 
[My comments are in italic square brackets in the quotes below]


EU agrees on permanent eurozone rescue fund

“EU leaders have agreed to set up a permanent mechanism to bail out any member state whose debt problems threaten the 16-nation eurozone.

This year Greece and the Irish Republic have received emergency EU bail-outs.

The 27 leaders, meeting in Brussels on Thursday, agreed that in 2013 the permanent mechanism would succeed the eurozone’s 750bn-euro (£637bn; $1tn) temporary bail-out fund [how temporary and where does it come from? ONLY $1 TRILLION!], the European Financial Stability Facility (EFSF).

The summit comes amid continuing concern about stability in the eurozone, as national debts and deficits have soared above the EU’s targets.

Portugal and Spain have been under financial market scrutiny since the Irish Republic was forced to take an aid package of 85bn euros (£72bn; $113bn) last month. [Do you need to be forced to something if it was in your best interests? Short answer – NO!]

The European Central Bank (ECB) has been buying billions of euros of sovereign debt to ease the pressure on the countries seen as most vulnerable in the eurozone. It is to double the reserves it holds – to 10.8bn euros, from 5.8bn euros at present. [Yes, the ECB will own you too if your country accepts any money – oh, actually don’t worry, you should be more concerned about your country milking you before the ECB!]

Read more: http://www.bbc.co.uk/news/world-europe-12014385


PIIGGS
Portugal – Perception of corruption on the rise in Portugal: www.theportugalnews.com
Italy – Civil unrest & riots: Silvio Berlusconi vote win sparks Rome clashes http://www.bbc.co.uk/news/world-europe-11992034
Ireland – Ireland’s rating cut five levels by Moody’s www.independent.ie
Great Britain – UK Bank’s rate rise alert for variable mortgages: www.thisismoney.co.uk/mortgages-and-homes/
(honorary #PIIGGS) and Civil Unrest starting with the students!
Greece – Civil unrest in Greece after the Bail-out! http://www.bbc.co.uk
Spain – Spain bad loan ratio rises to near 15-year high www.reuters.com

They used to write about ‘Blood on the Streets’ in the Great Depression – well it’s back!


(UK) Bank’s variable mortgage rate rise alert

“Two-thirds of the country’s 12m outstanding mortgages – held by eight million borrowers – are now on floating deals.

This means they risk seeing their monthly repayments jump if there is any change in the Bank’s base rate – which is currently held at 0.5%.

Combined with next month’s VAT increase from 17.5% to 20%, deep cuts to public spending, rising unemployment, and the soaring cost of everyday goods, household finances are facing an unprecedented squeeze. [You thought it was bad already, prepare to be bent over a barrel!]

‘A relatively small increase in interest rates could have a fairly sizeable impact on the housing market at a time when the market is already pretty weak,’ said Jonathan Loynes, chief economist at Capital Economics.

The forecaster said house prices were 20% overvalued and could fall by that amount in the next two to three years.

Among the worst hit by a rate hike would be those who stretched themselves to get on the housing ladder in the past two years.

The average tracker mortgage charges interest of 3.51% while a typical two-year fix has a rate of 3.54%.

Although this is seven times the Bank’s base rate, banks do not borrow the money they lend on to customers quite this cheaply. Typically they pay between 0.75% and 1.5%.”
[That’s right, nearly 500% mark-up (on your Govt. loaned money) – but only for those of you that can afford the large 25%+ deposits required to get on the housing ladder]

Read more: http://www.thisismoney.co.uk/mortgages-and-homes/


Find out more about protecting your Wealth, Money, Gold and Financial intelligence at: www.richdadstrategies.com


Robin Hood Tax – Rob the Rich (Banks) to pay the Poor (Government)

A coalition of British organizations calling itself the Robin Hood Tax campaign is proposing a new tax on banks to fund global anti-poverty and anti-climate change initiatives. The idea is to skim about 0.05% off of all speculative banking transactions, which proponents say would raise hundreds of billions of dollars each year and forge “a new deal between banks and society”:

“It sounds complicated, but actually it isn’t. A tiny tax on bankers has the power to raise hundreds of billions every year – giving a vital boost to the NHS, our schools, and the fight against child poverty – as well as tackling poverty and climate change around the world.”

In an ad for the campaign, British actor Bill Nighy, who will star in the next installment of the Harry Potter films, plays a haughty banker who’s forced to admit the tax would barely phase the finance industry.

Source: http://www.huffingtonpost.com

WATCH the video below:


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Goldman Sachs faces ‘Robin Hood tax’ vote-rigging claims

Goldman Sachs is investigating claims that one of its computers was used to rig a public vote on the introduction of a so-called “Robin Hood tax” on bankers.

Technical staff for the Robinhoodtax.org.uk website said the “no” counter increased at a “dramatic rate” from 3.41pm.
The number of “no” votes jumped from 1,400 to 6,000 before campaigners – who are calling for the introduction of 0.05pc tax on banking transactions – tightened the site’s security.
Robin Hood’s security team claimed it traced the erroneous votes to two computers, one of which is allegedly registered as belonging to Goldman.
A spokesman for Goldman said the bank had “just received this information and is investigating fully”.
After being flooded with concerned messages from Facebook and Twitter users, the website displayed the following message: “For all those who have noticed something strange happening on the vote, please don’t worry. Someone is playing games. But at lunchtime we posted a spy in a high tree and are working to catch the culprit. The count has been reset to remove these false votes and our guards are now back on the gate. Please keep voting (fair) people.”
By 8pm on Thursday the “yes” vote had a substantial lead on the “no” camp, with 21,300 votes compared with 2,600.
The campaign has attracted a string of celebrity endorsements, including Four Weddings and a Funeral writer Richard Curtis and Love Actually actor Bill Nighy.
The campaign, supported by groups including Barnado’s, the RSPB, the NUT and the Unite union, claims the tax – which is based on Nobel Laureate economist James Tobin’s idea from 1972 – could generate £255bn worldwide a year.”

Source: Rupert Neate, City Reporter (Technology) http://www.telegraph.co.uk

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Where is Robin Hood buried? Allegedly, Robin Hood is buried in Yorkshire, England, at Kirkless Priory (Huddersfield). On the market – a house steeped in Robin Hood folklore

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The Great Rip-off: Tale of the Dead Donkey

The current banking crisis explained:

Young Thomas bought a donkey from a farmer for £100. The farmer agreed to deliver the donkey the next day.

The next day he drove up and said, ‘Sorry son, but I have some bad news. The donkey died.’

Thomas replied, ‘Well then just give me my money back.’ The farmer said, ‘Can’t do that. I’ve already spent it.’

Thomas said, ‘OK, then, just bring me the dead donkey.’ The farmer asked, ‘What are you going to do with him?’

Thomas said, ‘I’m going to raffle him off.’ The farmer said, ‘You can’t raffle a dead donkey!’
Thomas said, ‘Sure I can. Watch me.. I just won’t tell anybody he’s dead.’

A month later, the farmer met up with Thomas and asked, ‘What happened with that dead donkey?’

Thomas said, ‘I raffled him off. I sold 500 tickets at two pounds a piece and made a profit of £898’

The farmer said, ‘Didn’t anyone complain?’ Thomas said, ‘Just the guy who won. So I gave him his two pounds back !’

Thomas then went to work for Barclays.

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Here this tale would have ended… but it didn’t…

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A year later, Thomas (now working for HBOS / Halifax Bank Of Scotland), comes running into the farmer’s yard, out of breath and looking frightened.

“You must help me hide!” cries Thomas.

The farmer asks, “Why? What’s wrong?”

Thomas explained, “I went all over the village, hiring people to sell raffle tickets for the same dead donkey, and then those people hired other people to go to other villages and sell raffle tickets for the same dead donkey, and now there are thousands of raffles taking place all over the kingdom.
Millions of people and pension funds bought my raffle tickets, but the donkey started to stink and everybody found out it was dead, so now they want their raffle ticket money back!”

The farmer suggested, “Just pay back the money, Thomas.”

“I can’t!” Thomas moaned. “I spent it all on bonuses for my raffle salespeople, and private jets, and huge mansions, and an opulent lifestyle to which we, in the raffle ticket business, have become accustomed. Not only that, I borrowed against my raffle ticket earnings 35 fold, so now I OWE 35 TIMES the money I actually earned!”

The farmer thought a moment, then smiled. “Don’t worry, Thomas. I know what to do.”

Thomas asked, “What can possibly be done?”

The farmer answered, “Your raffle operation is the biggest business in all the land. It’s too big to fail. The King will bail you out, for the good of all his loyal subjects.”

And with that, Thomas beseeched the King for billions of pounds to create the R.T.R.P. (Raffle Ticket Relief Program) to buy back all the worthless raffle tickets.

Everybody thought that would be the end of it, but it turns out the King didn’t have enough money to bail out the Raffle ticket holders, so he issued official “Raffle Bonds” to borrow money from other lands.

Everybody thought THAT would be the end of it, except when the rulers of other lands figured out their lent money was being spent on dead donkey raffle tickets, they stopped lending it. So the King decided to just print the money to buy back the dead donkey raffle tickets.

Everybody thought THAT would be the end of it, until it turns out that printing money causes each individual pound to be worth much less, so prices for goods and services rose enormously throughout the kingdom. The King decided to issue a new paper currency denominated at 1/10th the face value of the old pounds, and forced everyone to exchange their old money for new money so prices would come down to normal again.

Everybody thought THAT would be the end of it, until the same thing happened with the new currency, so the people rose up and toppled the King with torches and pitchforks, and installed a new ruling government with a new currency backed by gold.

And THEN they all lived happily ever after.

The End.


Modified from the Source: http://www.linkydinky.com/Donkey_raffle.shtml

It’s a Mad, Mad World banking system!

Rates reduced to 0.5% and Quantitative Easing measures to boost economy to be ‘tried’ by pumping £75 Bn into the economy! The Bank of England ‘hopes’ the banks will pass this money onto the public by lending more to individuals and businesses!

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Just a funny comment I thought I’d add:

“I promise to pay the bearer on demand the sum of……”

Oops, just realised it’s not just a funny comment but in reality:

On a bank note it states “I promise to pay the bearer on demand the sum of……”. What that means is, the bank has pledged to the holder of that note, that on demand, they will give to the holder, the value stated on the note in gold or coinage. A bank note is merely an IOU.

Do they have any value left to offer and do you hold many worthless IOU’s?

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UK interest rates lowered to 0.5%

The Bank of England has cut interest rates to 0.5% – a fresh all-time low – and says it will now boost the money supply to help revive the economy.

Interest rates have now been reduced six times since October, and the latest half a percentage point cut from February’s 1% had been expected.

The Bank said it would expand the amount of money in the system by £75bn in an attempt to boost bank lending.

This policy, so far untried in the UK, is called quantitative easing.

Buying assets

Quantitative easing is the process of increasing the amount of money in circulation in an attempt to revive the economy.

While the Bank will initially add £75bn, Chancellor Alistair Darling has given it permission to extend this to up to £150bn.

The idea is that if the amount of money in the system is boosted, commercial banks will find it easier to lend.

Quantitative easing is sometimes incorrectly referred to as printing money, but the Bank will not expand the supply of money by making new banknotes.

Instead, it will buy assets – such as government securities (gilts) and corporate bonds.

Similar measures were implemented in Japan at the beginning of the decade and are considered to have had limited success.

“Today’s decision is a kick in the teeth for savers who will see their already diminished interest payments fall even further” – Adrian Coles, Building Societies Association

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Read my last write up in February on Interest Rates, Banks, Property and the Economy – Feb 09

At least the Americans have the right idea! “In God We Trust” – start praying!!!