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The modern banking system manufactures money out of nothing. The process is perhaps the most astounding piece of sleight of hand that was ever invented. Banking was conceived in iniquity and born in sin. Bankers own the earth. Take it away from them, but leave them the power to create money and control credit, and with the flick of a pen, they will create enough money to buy it back again. Take this great power away from the bankers and all the great fortunes like mine will disappear, and they ought to disappear, for this would be a better and happier world to live in. But if you want to continue to be the slaves of bankers and pay the cost of your own slavery, let them continue to create money and to control credit. Sir Josiah Stamp, Director and President of the Bank of England during the 1920′s
Highly paid City traders are depriving pensioners and savers of thousands of pounds through high management fees that are often hidden, according to leaked advice provided by consultants to the Treasury. The charges are spreading and are so steep that savers may find they get less back in retirement than they invested in savings accounts and pensions over their lifetimes.
- Workers who change jobs hit with excessive pension charges (telegraph.co.uk)
- Majority of women face bleak retirement as study reveals almost two-thirds are not saving for a pension (dailymail.co.uk)
- Millions pay ‘extraordinary’ pensions fees (ft.com)
- EU pension rules could hit millions of pensioners (telegraph.co.uk)
- Prudent savers hit by ‘excessive’ hidden fees on pensions (telegraph.co.uk)
- Words in the News: Pensioner (englishblog.com)
So you don’t think Monsanto and GMO is no concern to you?
George Noory interviews author Jeffery Smith. If the label doesn’t say “Non GMO”, don’t buy it as it probably is. Force the food manufactures to Print NON GMO. Boycott anything else. For more info google Jeffery Smith GMO. Continue reading
Obama‘s stark warning over U.S. debt crisis as FTSE tumbles amid fears of new global recession.
European markets plummeted yesterday as the ongoing U.S. debt crisis threatened to reignite another global financial crisis.
America is teetering on the brink of default, as the Republican-led House of Representatives and the Senate battle to reach an agreement on a financial plan.
more @ Mail Online
- Savers desert stock market amid fears of another global recession (telegraph.co.uk)
- US debt crisis: Wall Street warns feuding politicians (guardian.co.uk)
- Banks stumble as debt crisis drags on FTSE (telegraph.co.uk)
- Stocks tumble amid debt deal impasse (macleans.ca)
- FTSE today: market report as it happened: May 23, 2011 (telegraph.co.uk)
- World Stocks Fall On Concerns That U.S. Will Not Reach Debt Ceiling Deal (huffingtonpost.com)
- Airline stocks tumble amid European debt fears (marketwatch.com)
- Bank shares slide over US fears (independent.co.uk)
- Shares surge amid eurozone hope (independent.co.uk)
- £85bn wiped off the value of top British companies this year… but it could have been WORSE (dailymail.co.uk)
- Angela Merkel warns Greece: no bondholder deal, no bailout (guardian.co.uk)