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Showing posts with label Banks. Show all posts
Showing posts with label Banks. Show all posts

Saturday, March 16, 2013

Americans Can Be Executed Without Charges -- But Criminal Banks Can't Be Prosecuted


Will Grigg

On the same day that Kentucky Senator Rand Paul was filibustering the nomination of John Brennan to head the CIA over the nominee?s involvement in lethal drone strikes, Attorney General Eric Holder defended arbitrary power before the Senate Judiciary Committee.

As we noted earlier, Holder told the Committee that any Congressional action to restrict the targeted killing program would represent an unconstitutional limitation of presidential powers.

?In the same hearing, Holder said that some corrupt banks are simply too big to prosecute. According to Holder, ?some of these institutions become so large that it does become difficult for us to prosecute them when we are hit with indications that ? if you do bring a criminal charge, it will have a negative impact on the national economy, perhaps even the world economy. And I do think that is a function of the fact that some of these institutions have become too large.?

In brief: According to Holder, American citizens can be summarily executed without criminal charges, but criminal banks are immune to prosecution.


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yes they have a creed.and it is all greed,this administration has done a remake of a very good film called paint your wagon.of course they screwed it up or not,but changed the name to paint your out-house. Sounds like the banks in the UK - The taxpayers have bailed these crimminal bakners out - now they are awarding themselves multi million ? in bonuses - Banking appears to be the only industry where failiure is rewarded - any other industry you would be out of a job and probably in prison.

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Saturday, November 26, 2011

Central Banks: "Gold Is Money"

by Per Bylund

No, you didn?t hear them actually say it. In fact, Bernanke says quite clearly ?no? ? gold is not money. But their actions speak much louder than words. The Financial Times reports that central bank gold buying is at a 40-year high. In other words, whereas central banks have primarily been net sellers of gold since the crash of the Bretton Woods system, they are now net buyers ? and quite heavily so.

This is especially the case in rapidly growing economies such as the People?s Republic of China. So while European and American central banks are (still) selling gold and ?investing? in paper currencies/fiat monies, the developing world is going heavy on what used to be the world accepted means of exchange. As the West goes down the tubes, the ?new? economies are not only growing in terms of wealth and prosperity, but they are also adopting sound money. Meanwhile, we are getting rid of paper money?for the sake of saving money ? and replace it with digital ones and zeroes. (But at least we have ?more money? than they do!)

So if we look to what central banks do and not to what they say, then Bernanke was quite obviously lying. In case anyone thought differently?


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"Men occasionally stumble over the truth, but most of them pick themselves up and hurry off as if nothing ever happened..." - Winston Churchill


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