Showing posts with label Obama. Show all posts
Showing posts with label Obama. Show all posts

Tuesday, August 25, 2015

INSANE!!!

> Subject: LARGEST INSANE ASYLUM IN THE ENTIRE WORLD
> Date: Wed, 19 Aug 2015 18:43:04 -0500
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> ​<https://www.youtube.com/watch?v=_kIbjpLVk7o>
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> ________________________________
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> California, esp. LA County, better known as Mexifornia !!!
>
>
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> CALIFORNIA,
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> LARGEST INSANE ASYLUM IN THE ENTIRE WORLD
>
> Interesting that the LA Times printed this. Lou Dobbs reported this on
> CNN and it cost him his job. The only network we would see this on
> would be FOX. All the others are staying away from it. Whether you are
> a Democrat or Republican this should be of great interest to you!
>
> Just One State - be sure and read the last part...try for 3 times.
>
> This is only one State ... If this doesn't open eyes, nothing will!
>
> From the L. A. Times.
>
> 1. 40% of all workers in L.A. County (LA. County has 10.2 million
> people) are working for cash and not paying taxes. This is because they
> are predominantly illegal immigrants working without a green card.
>
> 2. 95% of warrants for murder in Los Angeles are for illegal aliens.
>
> 3. 75% of people on the most wanted list in Los Angeles are illegal aliens.
>
> 4. Over 2/3 of all births in Los Angeles County are to illegal alien
> Mexicans on Medi-Cal, whose births were paid for by taxpayers.
>
> 5. Nearly 35% of all inmates in California detention centers are
> Mexican nationals here illegally.
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> 6. Over 300,000 illegal aliens in Los Angeles County are living in garages.
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> 7. The FBI reports half of all gang members in Los Angeles are most
> likely illegal aliens from south of the border.
>
> 8 Nearly 60% of all occupants of HUD properties are illegal.
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> 9. 21 radio stations in L. A. are Spanish speaking.
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> 10. In L.A. County 5.1 million people speak English, 3.9 million speak
> Spanish. (There are 10.2 million people in L. A. County.)
>
> (All 10 of the above facts were published in the Los Angeles Times)
>
> Less than 2% of illegal aliens are picking our crops, but 29% are on
> welfare. Over 70% of the United States 'annual population growth (and
> over 90% of California, Florida, and New York) results from
> immigration. 29% of inmates in federal prisons are illegal aliens.
>
> We are fools for letting this continue.
>
> HOW CAN YOU HELP?
>
> Send copies of this letter to at least two other people. 100 would be
> even better.
>
> This is only one State ... If this doesn't open your eyes nothing will,
> and you wonder why Nancy Pelosi wants them to become voters!
>
> IF YOU DON'T AGREE JUST DELETE--IF YOU DO--PASS IT ON! WHERE DO WE GET
> THESE MORONS?
>
> Windfall Tax on Retirement Income: Adding a tax to your retirement is
> simply another way of saying to the American people, you're so darn
> stupid that we're going to keep doing this until we drain every cent
> from you. Nancy Pelosi wants a Windfall Tax on Retirement Income. In
> other words tax what you have made by investing toward your retirement.
> This woman is a nut case! You aren't going to believe this.
>
> Nancy Pelosi wants to put a Windfall Tax on all stock market profits
> (including Retirement fund, 401K and Mutual Funds!
>
> Alas, it is true -- all to help the 12 Million Illegal Immigrants and
> other unemployed Minorities!
>
> This woman is frightening. She quotes ...' We need to work toward the
> goal of equalizing income, (didn't Marx say something like this?), and
> in our country and at the same time limiting the amount the rich can
> invest. (I am not rich, are you?)
>
> When asked how these new tax dollars would be spent, she replied:
>
> 'We need to raise the standard of living of our poor, unemployed and
> minorities. For example, we have an estimated 12 million illegal
> immigrants in our country who need our help along with millions of
> unemployed minorities. Stock market windfall profits taxes could go a
> long way to guarantee these people the standard of living they would
> like to have as 'Americans''.
>
> (Read that quote again and again and let it sink in.) 'Lower your
> retirement; give it to others who have not worked as you have for it.'
> Send this on to your friends. I just did! This lady is out of her mind!
>
>

Friday, November 22, 2013

Mainstream press will never print this!!!

Date: Thu, 26 Sep 2013 10:49:02 -0700
Subject: [Fwd: Fw: Welfare Map ( Be sure to read this from top to bottom )]

READ THIS!!!!!!!!!!!!!

---------------------------- Original Message ----------------------------
Subject: Fw: Welfare Map  ( Be sure to read this from top to bottom )
 
 
 
*Please forward to all likeminded people that want to know what̢۪s really
going on *
 
    THE NEW WELFARE MAP

    Make sure you read to the bottom...
 
    Quite an eye opener…
  
    These 11 States now have More People on Welfare than they do Employed!
 
    Last month, the Senate Budget Committee reports that in fiscal year
2012, between food stamps, housing support, child care, Medicaid and
other benefits, the average U.S. Household below the poverty line
received $168.00 a day in government support. What's the problem with
that much support? Well, the median household income in America is
just over $50,000,which averages out to $137.13 a day. To put it
another way, being on welfare now pays the equivalent of $30.00 an
hour for a 40-hour week, while the average job pays $20.00 an hour.
 
                    Furthermore:
 
    There are actually two messages here.  The first is very
 
    interesting, but the second is absolutely astounding - and explains a
lot.
               A recent "Investor's Business Daily" article provided very
 
    interesting statistics from a survey by the United Nations International
 
    Health Organization.
Percentage of men and women who surviv a cancer five years after diagnosis: 
 
                U.S.                  65%
 
                England               46%
 
                Canada                42%
 
 
  Percentage of patients diagnosed with  diabetes who received treatment within six months:
 
                U.S.                 93%
  
               England               15%
  
               Canada                43%
 
  Percentage of seniors needing hip replacement who received it within six months:
 
                U.S.                  90%
 
                England               15%
 
                Canada                43%
 
 
  Percentage referred to a medical specialist who see one within one month:
 
                U.S.                  77%
 
                England               40%
 
                Canada                43%
 
 Number of MRI scanners (a prime diagnostic tool) per million people:
 
                U.S.                 71
 
                England              14
 
                Canada               18

 
Percentage of seniors (65+), with low income, who say they are in "excellent health":
 
                U.S.                  12%
 
                England                2%
 
                Canada                6%
 
 
And now for the last statistic:
  
               National Health Insurance?
 
                U.S.                 NO
 
                England             YES
 
                Canada              YES

 
               Check this last set of statistics!!
  
  The percentage of each past president's cabinet who had worked in the private business sector prior to their appointment to the cabinet.
 
    You know what the private business sector is; a real-life business, not a government job.  Here are the percentages.
 
               T. Roosevelt.................... 38%
 
               Taft............................ 40%
 
               Wilson ......................... 52%
 
               Harding......................... 49%
 
               Coolidge........................ 48%
 
               Hoover ......................... 42%
 
               F. Roosevelt.................... 50%
 
               Truman.......................... 50%
 
               Eisenhower................. .... 57%
 
               Kennedy......................... 30%
 
               Johnson......................... 47%
 
               Nixon........................... 53%
 
               Ford............................ 42%
 
               Carter.......................... 32%
 
               Reagan.......................... 56%
 
               GH Bush......................... 51%
 
               Clinton ........................ 39%
 
               GW Bush......................... 55%
 
               Obama............................ 8%
 
 
       This helps to explain the incompetence of this administration:
 
Only 8% of them have ever worked in private business!
 
That's right!  Only eight percent---the least, by far of the last 19 presidents!  And these people are      trying to tell our big corporations how to run their  business?
 
 How can the president of a major nation and society, the one with the most successful economic system in 
world history, stand and talk about business when he'snever worked for one?  Or about jobs when he has neverreally had one?  And when it's the same for 92% of hissenior staff and closest advisers?  They've spent mostof their time in academia, government and/or non-profit jobs or as "community organizers."
 
    They should have been in an employment line.
 
  Pass this on because we'll NEVER see these facts in the main stream media!

Friday, July 26, 2013

BIG MONEY BANK SCAM you pay the bank and you loose...

Subhash Deshpande
Jul 25 (1 day ago)
to me
Dear Partner,

Thank you very much for your response, please you are to send us your mailing address and your interest in this transaction. I want to use this opportunity to assure you once again that this transaction is 100% risk free and legitimate as far as you adhere to every instructions and guidance that I give you.

As I told you, I have hired the services of an attorney that will procure all necessary documentations that will back you up as the next of kin to my late client. It will be stated in the documentations that you are the only surviving distant relative.

Like I said earlier, due to this issue on my hands now, it became necessary for me to seek your assistance. I appreciate the fact that you are ready to assist me in executing this project, and I will want you also to assist me in investing my share of the funds in your country. I will do everything legally required to ensure that the project goes smoothly and it shall pass through all Laws of International Banking.

Having resolved to entrust this transaction into your hands, I want to remind you that, it needs your commitment and diligent follow up. If you work seriously, the entire transaction should be over in a couple of days.

READ THE FOLLOWING AND GET BACK TO ME:

I need your total devotion and trust to see this through. I know we have not met before, but I am very confident that we will be able to establish the necessary trust that we need to execute this project.

I shall advise you on the bank I want you to open an account in which has corresponding working agreements with my bank and shall have no problems with regards to the transfer of the funds to your account there. You shall also need to open a new account in your name in your country and this must not be your existing account, the two accounts must be new accounts. The funds once transferred from my bank to your offshore account, I shall advise you on how the funds can be transferred to your account in your country using the bank's online facility. This is the best way I have found, it will protect us from my bank and the monetary body. I want us to enjoy this money in peace when we conclude. So I advise that you follow my instructions religiously.

Also you have to know that I cannot transfer this money in my name as my bank will be aware that it is from me. This is where I need you. I will not request any up front charges from you to me over-here in Taiwan. But you will be in charge of providing the minimum account opening balance that is needed to activate the offshore account. Setting up an offshore account is not expensive as I have inside knowledge, as one who has being in the banking firm for over two decade now. I will obtain a certificate of deposit from my bank and letter of administration from the Probate registry, it will be issued in your name. This will make you the bonafide owner of the funds. After this, the money will be transferred to your offshore account and then you can transfer the funds to your newly opened account in your country.

We can then instruct your bank after the money has been transferred to your newly opened account to transfer our various shares into our respective home bank accounts. I will also perfect the documentations with the assistance of my attorney to give the transaction the legal right.

Kindly provide me with a copy of your identity(driver's license or international passport). I will attach my Identity card to you after I have seen yours for your perusal and trust. Our local telephone lines could be intercepted easily, so they are not safe for this transaction. For this reason I am arranging for a more secured means of communication. Meanwhile, you can reach me via this email pending when all arrangements for the confidential phone number and fax number has been completed.

Ensure that you keep this project confidential because of the nature of this transaction and my work. Please reply soonest.

My sincere regards,
Subhash Deshpande

Tuesday, July 23, 2013

EU grant???

COUNCIL OF THE EUROPEAN UNION OFFICE
AND UNITED NATION AGRICULTURAL DEVELOPMENT PROGRAM (U.N.A.D.P)
ATTENTION OF: THE ENTITILED BENEFICIARY OF FUNDS,

RE: E.U. AND U.N.A.D.P FINANCIAL SUMMIT ; Confirm Receipt

The Council of European Union Parliament (E.U) In conjunction with The United Nations Agricultural Development Program (U.N.A.D.P) have just concluded the General Meeting of today in which good discursion and progress was made to reward Agricultural Farm Development, Investors, Industrialists and Traders In Africa, Europe , And Asia Countries.

The meeting lasted for three (3) hours because all the officials from various Regional Committees of the E.U and United Nations Agricultural Development Program (U.N.A.D.P) were present, The delegates from London, United Kingdom were in the meeting, the officials of IMF World Auditors (including Mrs. Margaret Powell and Alvin T Clyde) arrived in good time before commencement of the meeting. Also present in the crucial meeting of today were Mr. Gabriel Alanson and Kenneth Irwin Dickson from Commonwealth Financial Office. The meeting started in a good time and all the invited officials plus the top executives of United Nations General Assembly (UNGA) joined at the Conference Room and the meeting commenced in earnest.

This resolution was reached based on so many complaints tabled at the Head Quarters of the United Nation Office in Washington D.C in regards on how to help Farmers, Investors, Industrialist and Traders to come back on tract after the World Economic Crisis to foster Financial Development across the globe.

This reward is to help you restructure, boost and improve you financially in your activities.

The Approved FILE bearing your full name was presented for deliberation and The Executive Financial Auditors have unanimously resolved to include your full-name amongst the favored beneficiaries who will benefit from the amount earmarked for the Agricultural Development Program (A.D.P)

The remittance officials must as a matter or necessity proceed to effect the transfer of the authenticated/approved amount of US$8m (Eighth Million United State Dollars) Only, to you.

During the meeting of today, the Council of E.U and U.N.A.D.P Parliament resolved that all favored beneficiaries must quickly send application to the Director of AGRICULTURAL DEVELOPMENT PROGRAME: (A.D.P) Mr. Emil Jacobs on this email: emiljacobss@yahoo.co.jp and Telephone number: +44 741 847 8203 requesting for Accelerated Remittance of your approved benefit of US$8m (Eighth Million United State Dollars).

You are advised to send us the following information.


(1) YOUR FULL NAME:


(2) RESIDENTIAL ADDRESS:

(3) PHONE, FAX AND CELL PHONE:

You are further required to call his Office Telephone number: +44 741 847 8203 for further clarifications.

Yours Sincerely,

Mr. Emil Jacobs
E.U.A.U.D Director.
email: mremiljacobss@yahoo.co.jp

Saturday, July 14, 2012

HOME OWNERS SUE BANKS AND OFFSHORE HAVENS.


Home Owners Sue All Bank Servicers and Their Offshore Havens; US Attorneys General Jump On The Lieborgate Bandwagon; 900,000+ Lawsuits To Follow, And What Happens Next?

Date:


Fri, 13 Jul 2012 07:10:06 -0500

http://www.marketwatch.com/story/home-owners-across-the-nation-sue-all-bank-servicers-and-their-offshore-havens-spire-law-officially-announces-filing-of-landmark-lawsuit-2012-04-23

Home Owners Across the Nation Sue All Bank Servicers and Their Offshore   Havens; Spire Law Officially Announces Filing of Landmark Lawsuit


Largest International Money Laundering Network in History Formed During   Obama Administration; U.S. Banks' Theft of Home Owners' Money Laundered   Through Cayman Islands, Isle of Man and Numerous Offshore-Based Affiliates




NEW YORK, NY, Apr 23, 2012 (MARKETWIRE via COMTEX) -- In a lawsuit alleged   to involve the largest money laundering network in United States history,   Spire Law Group, LLP -- on behalf of home owners across the Country -- has   filed a mass tort action in the Supreme Court of New York, County of Kings.   Home owners across the country have sued every major bank servicer and their   subsidiaries -- formed in countries known as havens for money laundering such   as the Cayman Islands, the Isle of Man, Luxembourg and Malaysia -- alleging   that while the Obama Administration was publicly encouraging loan   modifications for home owners, it was privately ratifying the formation of   these shell companies in violation of the United States Patriot Act, and State   and Federal law. The case further alleges that through these obscure foreign   companies, Bank of America, J.P. Morgan, Wells Fargo Bank, Citibank,   Citigroup, One West Bank, and numerous other federally chartered banks stole   hundreds of millions of dollars of home owners' money during the last decade   and then laundered it through offshore companies. The complaint, Index No.   500827, was filed by Spire Law Group, LLP, and several of the Firm's   affiliates and partners across the United States.


Far from being ambiguous, this is a complaint that "names names." Indeed,   the lawsuit identifies specific companies and the offshore countries used in   this enormous money laundering scheme. Federally Chartered Banks' theft of   money and their utilization of offshore tax haven subsidiaries represent   potential FDIC violations, violations of New York law, and countless other   legal wrongdoings under state and federal law.


"The laundering of trillions of dollars of U.S. taxpayer money -- and the   wrongful taking of the homes of those taxpayers -- was known by the   Administration and expressly supported by it. Evidence uncovered by the   plaintiffs revealed that the Administration ignored its own agencies' reports   -- and reports from the Department of Homeland Security -- about this   situation, dating as far back as 2010. Worse, the Administration purported to   endorse a 'national bank settlement' without disclosing or having any public   discourse whatsoever about the thousands of foreign tax havens now wholly   owned by our nation's banks. Fortunately, no home owner is bound to enter into   this fraudulent bank settlement," stated Eric J. Wittenberg of Columbus, Ohio   -- a noted trial lawyer, author and student of US history -- on behalf of   plaintiffs in the case.


The suing home owners reveal how deeply they were defrauded by bank and   governmental corruption -- and are suing for conversion, larceny, fraud, and   for violations of other provisions of New York state law committed by these   financial institutions and their offshore counterparts.


This lawsuit explains why loans were, in general, rarely modified after   2009. It explains why the entire bank crisis worsened, crippling the economy   of the United States and stripping countless home owners of their piece of the   American dream. It is indeed a fact that the Administration has spent far more   money stopping bank investigations, than they have investigating them. When   the Administration's agencies (like the FDIC) blew the whistle, their reports   were ignored.


The case is styled Abeel v. Bank of America, etc., et al. -- and includes   such entities as ML Banderia Cayman BRL Inc., ML Whitby Luxembourg S.A.R.L.   and J.P Morgan Asset Management Luxembourg S.A. -- as well as hundreds of   other obscure offshore entities somehow "owned" by federally chartered banks   and formed "under the nose" of the Administration and the FDIC.


Commenting further on the case, Mr. Wittenberg stated: "As if it is not bad   enough that banks collect money and do not credit it to homeowners' accounts,   and as if it is not bad enough that those banks then foreclose when they know   they do not have a legally enforceable interest in the realty, we now learn   that they have been operating under unbridled free reign given by the   Administration and some states' Attorneys General in formulating this   international money laundering network. Now that the light of day has been   shined on it, I believe we can all rest assured that the beginning of the end   of the bank crisis has arrived."


All United States home owners may have the right to bring a lawsuit of this   kind if they paid money to a national bank servicer during the years 2003   through 2009.


One lawyer impacted by the corruption -- Mitchell J. Stein, who formerly   represented the FDIC, the RTC and the FSLIC during the Savings and Loan   scandal of the 1990s, and who predicted all of the foregoing in open court two   years ago -- commented: "Two years ago, I remarked in open court to a Los   Angeles Superior Court Judge, as well as to legislators including Senator   Dianne Feinstein's office during a multitude of in-person meetings, that the   ongoing violations of the Patriot Act by these financial institutions was   outrageous and a breach of the public trust of unprecedented proportions,"   said Stein.


"The size and scope of this misconduct -- stretching to far-away islands   never before having standing as approved United States Bank affiliates -- is   remarkable and emblematic of what we have seen," he continued. "The bank   crisis represents the height of corruption and brazen behavior where our   historically trusted financial institutions have no qualms about breaking the   law, because they have the Administration behind them. Banks do well enough   when they operate lawfully without needing to be permitted to operate as   criminal enterprises that steal money from United States citizens."


Additional plaintiffs' counsel Nicholas M. Moccia commented: "Having been   in the trenches of the bank crisis for years, I always knew that the   misconduct was being conducted by a network. When I started litigating against   banks, however, I could have never imagined that it would be this extensive. I   look forward to taking discovery of these thousands of obscure foreign   entities and to obtaining for homeowners their constitutionally entitled   injuries for this international ring of theft and deception."


Comments were requested from the Attorney Generals' offices in NY, CA, NV,   and MA and the White House, but no comment was provided.


About Spire Law Group


Spire Law Group, LLP is a national law firm whose motto is "the public   should be protected -- at all costs -- from corruption in whatever form it   presents itself." The Firm is comprised of lawyers nationally with more than   250-years of experience in a span of matters ranging from representing large   corporations and wealthy individuals, to also representing the masses. The   Firm is at the front lines litigating against government officials, banks,   defunct loan pools, and now the very offshore entities where the corruption   was enabled and perpetrated.

        
        Contact: 
        James N. Fiedler, Esq. 
        Managing Partner 



[[[[[[[[[[[[[[[[[[[[[[[[[]]]]]]]]]]]]]]]]]]]]]]]]]]]


http://www.zerohedge.com/news/us-attorneys-general-jump-lieborgate-bandwagon-900000-lawsuits-follow


US Attorneys General Jump On The Lieborgate Bandwagon;   900,000+ Lawsuits To Follow, And What Happens Next?

Submitted by Tyler Durden on   07/11/2012 21:00 -0400


The   second Barclays announced its $450 million Libor settlement, it was all over -   the lawyers smelled not only blood, but what may be the biggest plaintiff   feeding frenzy of all time. Which is why it was only a matter of time:   "State attorneys general are jumping into the widening scandal over   whether banks tried to manipulate benchmark international lending rates, a   move that could open a new front against the top global banks. A   handful of state attorneys general said they are looking into whether they   have jurisdiction over the banks, and are starting preliminary discussions to   determine what kind of impact the conduct involving the Libor rate may have   had in their states."


From   Reuters:



"Our     office is aware of the allegations around the manipulation of the Libor, and     we are working with other state agencies to determine whether Massachusetts     has suffered any losses as a result," a spokesman for Massachusetts Attorney     General Martha Coakley said. A spokesman for Florida Attorney General Pam     Bondi said his office is aware of the recent settlement reached by British     bank Barclays with U.S. and UK authorities and "will look at the case to the     extent that our office might have any jurisdiction in the matter."





A     spokeswoman for the Massachusetts transportation authority, MassDOT, said     the agency "is actively investigating its portfolio for the purpose of     determining if it was underpaid on its bonds due to the brewing Libor     situation," as are many other issuers of debt whose rate is governed by     Libor.





Lawyers     for several states have had early discussions about whether they might pool     investigative resources and launch a broader, multi-state effort, but no     formal consortium has been established yet, people familiar with the     discussions said. New York might be expected to lead such an effort, since     most of the banks' U.S. operations are based there. A spokesman for the New     York attorney general declined comment on whether the issue is being looked     at.





Some     municipalities, including the city of Baltimore, and funds including the     Frankfurt-based Metzler Investment GmbH, which manages 47 billion euros ($59     billion) in assets, have already sued more than a dozen banks, arguing they     were bilked of potentially billions of dollars.


How   many potential lawsuits are we talking about here? Quite a bit in fact as the   FT   explains:



There     are at least 900,000 outstanding US home loans indexed to Libor that were     originated from 2005 to 2009, the period the key lending gauge may     have been rigged, investigators have said. Those mortgages carry an     unpaid principal balance of $275bn, according to the Office of the     Comptroller of the Currency, a bank regulator.


Also,   as explained here before, not only is this a legal bonanza, but it will be a   political feast for the Congressional circus to earn numerous C-SPAN brownie   points.



“I     think the US government should be just as aggressive in getting to the     bottom of this scandal as the United Kingdom has been,” said Senator Sherrod     Brown, chair of the bank regulatory subcommittee on the Senate banking     committee. 


“This     was not isolated to London, but affected tens of millions of investors,     borrowers and taxpayers in our country as well,” Mr Brown   added.


What   does the above mean?


1)   Starting today and going forward, there will be numerous essays, "analyses"   and white papers, all of which will try to estimate (some on a paid basis) the   damages and impact of the Libor manipulation that took place at least in the   period under discussion 2005-2009. All of these will be absolutely   wrong, as nobody has any clear idea of how the   cumulative impact of the Libor rate, which may have been pushed below either   lower or higher depending on how it suited a given BBA-member bank, over a   period of years will have impacted hundreds of trillions in partially   offsetting notional securities. Therefore, while one day it may have led to   impairments, another day it would benefit the end-holder of a given   interest-rate sensitive product. But they will try. And the bigger the number,   the better, which leads us to...


2)   The lawyers will crawl out of the woodwork like worms after a torrential   downpour, and will all be willing to work on contingency, telling potential   clients they are owed thousands, nay, millions based on such and such   analysis. All they need is to have held a mortgage, or a credit card, or any   variable interest liability in the 4 years in question. And to sign the dotted   line.


3)   The resulting lawsuits, most of which in class action format, will be of   gargantuan proportions, simply to encourage settlement, as ongoing litigation   will easily destroy the financial system. The litigation reserves at the TBTF   banks will explode and will cause years of EPS writedowns. But at least they   will be one-time charges, so the stocks don't get crushed too much.   That said, forget any growth out of the banking sector, and certainly the 16   BBA member banks, all of whom are about to be sued to smithereens in civil   suits as more and more banks step up and settle to avoid criminal   prosecution.


4)   The biggest irony is that the torrent of upcoming suits will be in effect   targeting none other than the Fed. Because while banks which all were   massively levered to even a one basis point move in Libor were very sensitive   to the smallest variations in 3 month USD libor, end-clients who did not have   this leverage were far less impaired. But that doesn't matter: after all the   same clients were impaired through gross borderline criminal negligence which   is all that matters in a court of law (assuming the honorable judge John   Roberts is not presiding pro hac vice). Thus the entity that will be sued by   proxy is the Federal Reserve, whose Federal Funds rate is really the setter   for the baseline Libor rate. Note the chart below which shows that over the   past decade, the 3M USD Libor and the Fed Funds rate were virtually   interchangeable:


Yet   while it was the Fed's decisions at the bottom of it all, unless someone   implicates the Fed or the BOE further, both will get away scott free: after   all what they do is public policy, for the public good and to defend their   various appointed mandates. And neither pushed banks to manipulate their rates   (even if both were well aware there was gambling going on here), or so they   claim, even when presented with evidence to the contrary.


What   will really happen, is that the private banks, having been bailed out by the   central banks at the taxpayers' dime, will now serve as a buffer to protect   these same institutions from rising popular anger, not just at Lieborgate, but   Robosigning, Robosettlement, CDOs, rehypothecation, High Frequency Trading,   toxic assets marked-to-unicorns, the end of Mark-to-Market, ZIRP, NIRP, expert   networks, insider trading, MF Global, and countless other examples of what   happens when financial fraud is let loose with no fear of consequence in a   Bernanke Put world.


As   a result, the status quo will literally buy itself a few more years as it   delays the tipping point by any means necessary, in the process kicking back a   little to politicians, lawyers, and the general public in exchange for a few   years of subpar earnings for bank shareholders that should have been wiped out   back in 2008 anyway. And everyone will be happy.


That's   how Lieborgate will play   out.

Average:  4.916665

Wednesday, February 8, 2012

1% TAX ON SS CHECKS This will get you going...


Direct Deposit for SS check 


ON JANUARY 1ST 2012, THE GOVERNMENT IS REQUIRING EVERYONE TO HAVE DIRECT DEPOSIT FOR SS CHECKS. WONDER WHY?
1% tax on all bank transactions HR4646


Your income tax isn't enough for them. They got to gouge you another 1%.
Watch for this AFTER November elections; remember this        BEFORE you VOTE in case you think Obama's looking out for your best interest. 
        1% tax on all bank transactions HR 4646 
        This government just cannot think of enough ways to hurt the American people! I sure hope this dies!!!!!

        FORWARD THIS TO EVERYONE YOU KNOW! 
        1% tax on all bank transactions HR 4646 - ANOTHER NEW OBAMA TAX SLIPPED        IN WHILE WE WERE ASLEEP. Checked this on snopes, it's true! Check out HR 4646.




President Obama's finance team is recommending a one percent (1%) transaction fee (TAX). Obama's plan is to sneak it in after the November elections to keep it under the radar.


        This is a 1% tax on all transactions at any financial institution - banks, credit unions, savings and loans, etc. Any deposit you make, or even a transfer within your account, will have a 1% tax charged. ~If your paycheck or your social security or whatever is direct deposit, it will get a 1% tax charged for the transaction. ~If your paycheck is $1000, then you will pay Obama $10 just for the privilege of depositing your paycheck in your bank. Even if you hand carry your paycheck or any check into your bank for a deposit, 1% tax will be charged. ~You receive a $5,000 stock dividend from your broker, Obama takes $50 just to allow you to deposit that check in the bank.. ~If you take $1,000 cash to deposit at your bank, 1% tax will be charged. 
        Mind you, this is from the man who promised that, if you make under $250,000 per year, you will not see one penny of new tax. Keep your eyes and ears open, you will be amazed at what you learn about this guy's under-the-table moves to increase the number of ways you are taxed. 
        Oh, and by the way, if you receive a refund from the IRS next year and you have it direct deposited or you walk in to deposit that check, you guessed it. You will pay a 1% charge of that money just for putting it in your bank. Remember, any money, cash, check or whatever, no matter where it came from, you will pay a 1% fee if you put it in the bank.


        Some will say, oh well, it's just 1%. Are you kidding me? It's a 1% tax increase across the board. Remember, once the tax is there, they can also raise it at will. And if anyone protests, they will just say, "Oh,that's not really a tax, it's a user fee"! Think this is no big deal? 


Go back and look at the transactions you made on one year's banking statements. Then add the total of all those transactions and deduct 1%. Still think it's no big deal?


" A government big enough to give you everything you want is also big enough to take away everything you have." - Barry  Goldwater

Monday, January 23, 2012

HOW A STIMULUS PLAN WORKS...


Laugh when you can, Apologize when you should, and Let go of what you can't
change!

$100 Bill
It's a slow day in the small town of Zelienople and the streets are deserted. Times are tough, everybody is in debt, and everybody is living on credit.

A tourist visiting the area drives through town, stops at the motel, and lays a $100 bill on the desk saying he wants to inspect the rooms upstairs to pick one for the night.

As soon as he walks upstairs, the motel owner grabs the bill and runs next door to pay his debt to the butcher.

(Stay with this.....and pay attention)

The butcher takes the $100 and runs down the street to retire his debt to the pig farmer.

The pig farmer takes the $100 and heads off to pay his bill to his supplier, the Co-op.

The guy at the Co-op takes the $100 and runs to pay his debt to the local prostitute, who has also been facing hard times and has had to offer her "services" on credit.

The hooker rushes to the hotel and pays off her room bill with the hotel Owner.

(Almost done...keep reading)

The hotel proprietor then places the $100 back on the counter so the traveler will not suspect anything.

At that moment the traveler comes down the stairs, states that the rooms are not satisfactory, picks up the $100 bill and leaves.

No one produced anything. No one earned anything. However, the whole town now thinks that they are out of debt and there is a false atmosphere of optimism and glee.

And that, my friends, is how a "stimulus package" works!