Tag: JP Morgan

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Clinton Scandal: Taxpayers’ Money for the Campaign Election
World
Clinton Scandal: Taxpayers’ Money for the Campaign Election
October 10, 2016

The American election campaign never ceases to amaze in terms of twists. The Clinton Foundation has again been the victim of a new hack carried out by Guccifer 2.0, leading to the revelation of some interesting details. Among them is an Excel file with a list of donors.

Banker Cronyism Hits EU Ship Rocked by Brexit Torpedo
July 18, 2016

It couldn’t come at a worst time. Just as the European Union is reeling from the historic setback of Britain voting to leave the 28-member bloc, then comes the scandal of a former top commissioner taking a plum job at a Wall Street bank – to advise on the fallout from the Brexit. If ever the grubby «revolving door» relationship between the EU bureaucratic elite and big business needed an illustration, it is the news of Jose Manuel Barroso taking up a post with the US investment giant Goldman Sachs…

Banker Cronyism Hits EU Ship Rocked by Brexit Torpedo
World
«Gratuitous Democracy» or «Banking Concentration Camp»
Business
«Gratuitous Democracy» or «Banking Concentration Camp»
June 2, 2015

The news I’m talking about was reported by media in May. Not a big thing at first glance, certainly not a thing to hit radar screen. But the devil is in the details. Some interesting events took place in Scandinavia. The Danish government proposed exempting certain shops from the obligation to accept cash payments in a move seen as pushing the country a step closer to a «cash-free» economy. Businesses such as clothing retailers, gas stations and restaurants will no longer be required to accept cash next year, the government of Denmark said on May 6. The move comes as part of a pre-election package of economic growth measures aimed at reducing costs and increasing productivity for businesses. Many stores in Sweden do not accept cash but only debit or credit cards. Now a buyer with full pockets of cash will leave a Swedish and Danish shop empty handed…

America is on a Banking Delayed-action Mine
May 23, 2015

Since 2009, it has been compulsory for all major US banks to pass an exam called a stress test. The test checks the banks’ ability to withstand sudden changes in economic and financial conditions. Put simply, it assesses the banks’ ability to survive should America experience a financial crisis similar to the one in 2007-2009. In all the years of testing, the majority of US banks have received a rating of ‘satisfactory’, and even then with a stretch of the imagination. Some banks have had to retake the exam… The results of the stress testing shows that America is living on a delayed-action mine called the US banking system, and sooner or later this mine is going to explode…

America is on a Banking Delayed-action Mine
Business
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Does George Soros Control the Obama White House?
World
Does George Soros Control the Obama White House?
May 21, 2015

Five major banks agreed to plead guilty to criminal charges brought by the U.S. Department of Justice for manipulating the exchange rates of U.S. dollars and euros. The banks were Citicorp, J.P. Morgan Chase, Barclays, Bank of America, and the Royal Bank of Scotland… The banks will pay an estimated $5.8 billion in fines to the United States. However, only corporations were charged criminally. Not one individual banking executive was indicted in the currency manipulation scam. The reason for no personal indictments is simple. George Soros, the man who opened up his checkbook in 2008 and 2012 for Barack Obama’s presidential campaign and is estimated to have poured millions of dollars into Obama’s coffers, made his hundreds of billions of dollars primarily from the same type of international currency manipulation that landed the five banks into trouble…

Banks Rule the World, but Who Rules the Banks? (II)
May 15, 2015

…Here we can recall a study by specialists from the Zurich Institute of Technology in Switzerland, the aim of which was to reveal the controlling core of the global economic and financial system. In 2011, the Swiss specialists calculated that there were 1,128 companies and banks at the core of global finance at the beginning of the financial crisis (2007). An even denser core of 147 companies was revealed within this conglomerate. The authors of the study estimated that this smaller core controlled 40 per cent of all corporate assets in the world…

Banks Rule the World, but Who Rules the Banks? (II)
Business
Banks Rule the World, but Who Rules the Banks? (I)
Business
Banks Rule the World, but Who Rules the Banks? (I)
May 14, 2015

These days, it is already a truism that the hegemony of the US is based on the Federal Reserve System’s (FRS) printing press… During the 2007-2009 global financial crisis, the FRS quietly gave out more than $16 trillion worth of credit (virtually interest free) to various banks. The owners of the money gave out the credit to themselves, that is to the main shareholder banks of the Federal Reserve… While the makeup of the Federal Reserve’s main shareholders is more or less clear, however, the same cannot be said of the shareholders of those banks who essentially own the FRS’ printing press. Who exactly are the shareholders of the Federal Reserve’s shareholders?..

Banks and Bandits
February 7, 2014

…Leading Western banks create a wide transnational network with their branches, daughter and granddaughter subsidiaries in Central and Southern America, Western Africa, Southeast Asia and Russia. It would be fair to assume that these transnational giants are expanding in order to conquer new credit and money markets, but at the same time, a motive like laundering dirty money is almost never mentioned with regard to their activities. However, this is why countries on the periphery of global capitalism are unable to establish effective financial and banking control, since such control directly contradicts the interests of major banks and the drug mafia…

Banks and Bandits
World
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