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| Yesterday's Headlines | | Wednesday, December 15 | | · | As Dollar Plunges, Watch for US Government Bonds Sell-off |
| Saturday, December 04 | | · | The Secret History of the Credit Card |
| Friday, September 17 | | · | Lloyd's of London: Insuring for the Future? |
| Sunday, September 12 | | · | A Jewish Lending Company That Never Charges Interest |
| Wednesday, September 08 | | · | Housing Market: SIX Steps I Recommend As Soon As Possible |
| Wednesday, September 01 | | · | Hasidic Masters Guide to Management |
| Tuesday, August 24 | | · | Chips Tracking You: Skin-Deep Only for Humans |
| Tuesday, August 03 | | · | Case for a Genuine Gold Dollar |
| Monday, August 02 | | · | Tough Lessons That Should Never Be Forgotten |
| Saturday, July 10 | | · | Inflationary Fires are being Lit Globally |
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The Invisible Hand (of the U.S. Government) in Financial Markets Friday, April 08 @ 00:26:57 CDT by myoung (2 reads) | | The Invisible Hand
(of the U.S. Government)
in Financial Markets
by Robert Bell, Chairman of the Economics Department, Brooklyn College, N.Y
Most people probably believe that the major capital markets in the U.S. are basically true markets with, occasionally, maybe very occasionally, a little bit of rigging here and there. But evidence shows that the opposite is the case—the rigging is fundamental with a little bit of true markets here and there. I have discussed how this works concerning U.S. and some other stock markets in an earlier article.[1] Here I will primarily discuss the rigging of currency and U.S. Treasury markets.............
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DOLLAR COLLAPSE: Causes New Bretton Woods Debate in Italian Parliament Saturday, March 26 @ 21:06:07 CST by myoung (42 reads) | | New Bretton Woods Debated in Italian Parliament because of global collapse of US Dollar
by Paolo Raimondi
Executive Intelligence Review
The Chamber of Deputies, one of the two houses of the Italian Parliament, began a discussion on March 14 of Motion 1-00320, which calls on Rome to take international action for the convening of a New Bretton Woods conference, to get the world economy and financial system out of systemic crisis. The motion (see our previous issue for the full text) had been introduced on February 2004 by Deputy Mario Lettieri, who gained the support of about 50 parliamentarians from all the parties represented in Parliament, mostly from the opposition, but some also from the present Berlusconi coalition ...........
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Soaring Commodity Prices Threats the Dollar System Saturday, March 26 @ 20:59:34 CST by myoung (17 reads) | |
Soaring Commodity Prices
Show Threat to Dollar System
by Lothar Komp
Executive Intelligence Review
More than three decades after President Nixon dismantled the Bretton Woods monetary order, global financial markets are in an untenable situation. At the heart of the issue is the U.S. dollar, still the most important reserve currency in the world. The dollar is the currency upon which the interest rates of hundreds of billions of dollars worth of loans, mortgage credits, and financial derivatives are pegged, and with which practically all raw material purchases are transacted............
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The American-Roman Tapeworm (Part 2) Wednesday, March 02 @ 15:43:07 CST by myoung (58 reads) | | The American-Roman Tapeworm (Part 2)
What To Do About The American Tapeworm
By Catherine Austin Fitts
The real deal in US government financial matters today is that there are two plans to finance the current government deficits.
The first plan is the “American Tapeworm” model. ( See links below.) Under the leadership of the Bush Administration (and before that, the Clinton Administration) and with the support of Congress and the Supreme Court, the American Tapeworm model is to simply finance the federal deficit through warfare, currency exports, Treasury and federal credit borrowing and cutbacks in domestic “discretionary” spending. ..................
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The American-Roman Financial Tapeworm (Part 1) Wednesday, March 02 @ 15:25:19 CST by myoung (75 reads) | | The American Tapeworm (Part 1)
By Investment Banker Catherine Austin Fitts
“And the serpent's food shall be earth”
--- Isaiah 65:25
The other day, a natural healing practitioner explained the strategy used by a tapeworm to prosper. A tapeworm, she said, injected a chemical into its host that triggered a craving by the host for what the tapeworm wished for its dinner. By managing it’s hosts desire, a tapeworm manipulated its host to set aside self-interest and please its parasite. And so the tapeworm proceeded to consume its host’s energy and health, with the host doing most of the work.
The story of how a tapeworm parasitically eats away at its ecosystem came at a moment when the math lover in me was .........
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Why 600,000 US Citizens are Moving their $$$ to Local Banks & Credit Unions Wednesday, March 02 @ 01:52:02 CST by myoung (772 reads) |
OVERTHROWING THE ROMAN MONEY CHANGERS TABLES OUT OF THE TEMPLE IN ONE EASY STEP
WHERE SHOULD I BANK? Think Locally not Globally!!!!!!!!
by Investment Banker Catherine Austin Fitts
The banks of which 600,000 people are switching out of since midsummer of last year .........
- American Insurance Group
- Bank of America
- Bank of New York
- Bank One
- BBT
- Citibank/Citigroup
- Credit Suisse First Boston
- Deutsche Bank
- FleetBoston
- General Electric
- Goldman Sachs
- HSBC Bank
- JP Morgan Chase
- Mellon Bank & Financial Corporation
- Merrill Lynch
- PNC
- Sovereign Bank
- State Street Banks
- SunTrust Banks
- Wachovia Bank
- Washington Mutual
Beginning with our kickoff this past July 4th, we are calling for 600,000 people worldwide to join us in pulling our checking accounts, certificates of deposits, credit cards and other business out of multi-national banks such as Citibank, Bank of America and JP Morgan Chase, and switching to local, well managed community-friendly banks or credit unions.
Our financial system is highly leveraged. That means that a tiny shift in customers from big banks to local banks can cause a dramatic shift in political and economic power and behavior. This is why our coins are so powerful. We estimate that 600,000 is 1% of 1% of our worldwide population.
I think of Jesus as a real deal, straight up kind of guy who always cared deeply about his fellow man. That's why we often ask “What would Jesus do?” when looking for the action of highest integrity.
Jesus acted with ferocious and bold integrity when he threw the money changers out of the temple. Needless to say, he hiccuped their cash flows on what otherwise would have been a big grossing day. Their business model threatened, the priests who managed the money changers insisted that the Romans crucify Jesus ...............
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Dollar Crisis Evokes Panic Among World Financial Elite Saturday, February 26 @ 17:36:46 CST by myoung (103 reads) | | Dollar Crisis Evokes Panic
Among World Financial Elite
by EIR Staff
A series of international conferences, starting with the Davos World Economic Forum, and extending into the United States, has led to the open airing of panic within the international financial elite. Top on the agenda is concern over the U.S. dollar, which declined about 30% between early 2002 and early 2004, but, equally importantly, the debt-drowned condition of the U.S. economy, which an increasing number of bankers believe cannot be sustained............
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Behind the Social Security Heist Stands George Shultz Saturday, February 26 @ 17:30:30 CST by myoung (72 reads) | | Behind the Social Security Heist Stands George Shultz
EIR
George Shultz, the political Godfather of President George W. Bush and California Governor Arnold Schwarzenegger, is, like his role model Hjalmar Schacht, the kind of fascist who, one would imagine, arrogantly believes he will get off scot-free at the next Nuremberg war crimes tribunals. Hjalmar Schacht, the architect of the Hitler genocide, from his posts as Minister of Economics and German Central Bank chief of the Nazi regime, .............
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Human Tattoo Scanner Patent Issued by US Patent Office Friday, February 04 @ 22:05:16 CST by myoung (888 reads) | | Human Tattoo Scanner Patent Issued by US Patent Office
by Mike Young courtesy of submission by Diane ________
So it looks like this is the fellow that will be making patent royalties on what is most certain to follow. If anybody lives near him maybe stop by his house and do an interview. We will later post your interview here. Mr. Tom Heeter lives in Houston, Texas.
And he causeth all, both
small and great, rich and poor, free and bond, to receive a mark (tattoo/chip) in their right hand, or in their
foreheads: And that no man might buy or sell, save he that had the mark, or the name of the
beast, or the number of his name. Here is wisdom. Let him that hath understanding count the number of the beast: for it is the number of a man; and his number is 666. Rev. 13-16-18
Characteristics about the scanned tattoo are compared to characteristics about other tattoos stored on a computer database in order to verify the identity of the buyer. Once verified, the seller may be authorized to debit the buyer's electronic bank account in order to consummate the transaction. The seller's electronic bank account may be similarly updated.
Inventors: Heeter; Thomas W. (55 Lyerly, Houston, TX 77022) Appl. No.: 709471 Filed: September 5, 2025
BACKGROUND OF THE INVENTION .......
The present invention relates to the identification of humans. More particularly, the present invention relates to the application of invisible, indelible tattoos on humans for purposes of identification in order to conduct monetary and credit transactions in a secure manner. ........
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Digital Cash and the Future of Money Wednesday, February 02 @ 21:57:24 CST by myoung (68 reads) | | Digital Cash and the Future of Money
by J. Orlin Grabbe
Money is what people use to avoid barter--which is the direct trading of one good or service for another, such as oranges for wheelbarrows, or sex for mowing the lawn. Money in the form of physical cash implies a type of security based on physical presence. If we are face-to-face, I am able to inspect your goods for quality, and you are able to do the same with my cash. Cash transactions also have a temporal simultaneity: if for some reason I don't give you the cash now, you don't hand over the goods.
Money in the form of cash suffers from some drawbacks. One is bulk. Cash takes up a lot of space. A million dollars in hundred dollar bills fills a large briefcase. Another is high transactions costs. It is costly to transport physical cash, and time consuming to count it..........
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Secret £1.55bn Gold Bars Backs New Trading Funds Sunday, January 30 @ 23:08:25 CST by myoung (85 reads) | | Secret £1.55bn gold pile backs new trading funds
By Patrick Hosking, Investment Editor>br?
Timesonline.com
ONE of the largest hoards of gold ever gathered outside a central bank has been accumulated at a secret address in London over the past few months.
Gold bars with a value of £1.55 billion are understood to have been collected in a single vault in an anonymous building owned by HSBC. If melted into a single block, the 212 tonnes of solid gold would take up 11 cubic metres — roughly the size of a Transit Van. ..........
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Chinese Unpegged Dollar from Yuan: What Spiral is Next? Sunday, January 30 @ 14:45:33 CST by myoung (75 reads) | | If China Shuns Dollar, Look Out U.S. Bonds
By William Pesek Jr.
Bloomberg
Jan. 28 (Bloomberg) -- Malaysia isn't a place traders look for clues about the U.S. dollar, yet Asia's No. 10 economy may be offering some ominous ones.
They can be found in a recent report on international reserve holdings at Bank Negara Malaysia, the nation's central bank. It states that Malaysia made a $2.1 billion "revaluation gain" in 2004, "arising mainly from the depreciation of the U.S. dollar against the major currencies." .....
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Federal Reserve conspires with Bank of Japan in bond bull run Saturday, January 29 @ 08:45:36 CST by myoung (58 reads) | | Federal Reserve conspires with Bank of Japan in bond bull run
SPEAKING FREELY
Fed's yen for bovine policies
By Antal E Fekete
Asia Times
Speaking Freely is an Asia Times Online feature that allows guest writers to have their say. Please click here if you are interested in contributing.
"If fiat money falters, we may have to go back to oxen as our medium of exchange. In that event, I trust, the Federal Reserve will have an adequate inventory of oxen."
- Alan Greenspan, The History of Money
Hey, Mr Chairman, in case you haven't noticed, the Federal Reserve already has a goodly supply of oxen!
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Other Countries Privatized Social Security Now Bankrupt Friday, December 24 @ 16:08:10 CST by myoung (123 reads) | | Private Pensions in Chile,
a Quarter Century Later
by Manuel Riesco
December 2004: The privatization of pensions in Chile during the Pinochet dictatorship has been hailed worldwide as a success story, and President Bush recently said that it was "a great example" for Social Security reform in the United States. Its champions continue to repeat the arguments on which it has been presented since its inception. Some of these arguments are strictly ideological: It is a better system because it depends on property, free choice, and personal responsibility; and it links individual contributions with benefits, personal effort with their reward. Other arguments were based in financial and actuarial calculations ........
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Rampant Insider Selling Raises Red Flags Thursday, December 16 @ 00:57:27 CST by myoung (57 reads) | | Rampant Insider Selling Raises Red Flags
By Rachel Beck AP
NEW YORK - Talk about a double standard. While corporate leaders tout the benefits of investors owning their stocks, many executives seem to be running for the doors themselves.
Selling of shares by insiders - which includes executives and other top officers and directors at a company - has been rampant in recent months, with sales rising to their highest level in more than four years in November.
While no one can pinpoint an exact reason for that run-up, the implication is troubling since big insider selling is often considered bearish for the overall market as well as for individual stocks. ..............
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