Display options
- Sort by: date, alphabetical
- Sort order: normal, reverse
- Detail level: low, med, high
-
Display: 10, 25, 50, 100
bookmarks per page -
Open bookmarks in:
this window, new window
-
19 MAR 10
The Daily Bell -- Germany Proposes IMF Greek Bailout SAVE
'Many EU countries are facing a form of bankruptcy. The EU will demand "austerity" that cannot be achieved without a quick and wrenching descent into virtual poverty. In the past, countries could have devalued, but even with IMF programs, countries in trouble cannot devalue if they are inside the EU. ...countries devalue because otherwise governments topple and people riot. Brussels Euro-crats are basically asking certain Europeans to virtually beggar themselves if there is no devaluation to be had. It is one thing to plunge into poverty over a series of years while spreading out the pain. It is another thing to have it happen in a consolidated fashion. Right now Ireland, Latvia and others are facing years of protracted poverty as a result of their EU bargains. Yes, money may still be had at a cheaper level than otherwise, but how many can afford to borrow without a job – or with several low-paying jobs that only barely keep a roof over one's head?'TAGS
-
18 MAR 10
YouTube -- The Alex Jones Show: Alan Watt Talks About Fabian Technocracy and America's Endgame 4/8 SAVE
Watts on the inbred psychopathic 'elite': "They won't keep you around as a pet. Everyone is used in turn: the communists were used in turn, the right-wingers as well – but they don't realise it. They are all used to serve and bring about the same agenda which is simply the elites' survival. Where we can talk about psychopaths as being alien from us because they have no empathy for others; they're very cunning; they're like cameras that watch and study you and emulate you, and are very good con men, but they feel nothing for you – well, in a Darwinist philosophy, they are the natural successors to take over and rule the world. They believe that they are the most advanced predators on the planet and they're not ashamed of being predators, they think that's the natural order, and that's what they discuss at the top thinktanks." -- Jones on the stockholm syndrome: "They've trained the slaves to giggle and laugh and be delusional where if they laugh something off that makes it not exist."TAGS
-
09 MAR 10
YouTube -- RussiaToday: Keiser Report #23: Markets! Finance! Scandal! SAVE
PEOPLE
'Keiser speaks to investigative journalist, Greg Palast, about the RICO case against US bankers and politicians and about vulture funds preying on the Third and First world economies.' -- Palast: "It's a perfect racketeering case, but who's going to bring it? Are they going to bust themselves?"TAGS
-
07 MAR 10
VentureBeat -- Entrepreneurs offer their life’s future earnings for an investment SAVE
PEOPLE
Obvious Faust is Obvious -- 'Three entrepreneurs are offering a share of their life’s income in exchange for cash upfront and have banded together to form the Thrust Fund, an online marketplace for such personal investments. [*coughs: "ponzi"*] “We all know people who are going to do great things with their lives. It’s just a matter of time,” he said. “What if you were able to add capital to the equation and suddenly create a bigger pie that you both could share in?” But Furst couldn’t get over the uncomfortable idea that such a contract equated to indentured servitude. So he structured a buyout clause in the agreement that lets the investee repay a multiple of the initial amount if they want to exit the agreement. If they decide to buy themselves out in less than three years, he’ll ask for three times the investment. But if they wait, the multiple rises with every year until it reaches a maximum of ten times the initial amount.' -- Buyout by what means? A lottery win?TAGS
-
Mail Online -- Desperate families turning to credit cards with 60% interest rates SAVE
'One million desperate consumers shunned by High Street banks have turned to a sub-prime credit card - charging rates as high as 60 per cent. Credit firm Provident Financial today revealed it was receiving more than 2,700 applications a day for its Vanquis credit card. This card is aimed at borrowers who have a bad credit history and have been turned down by more well-known firms. Average rates are 39.9 per cent, but the worst off will be charged up to 59.9 per cent for their spending. -- Credit card borrowers in the UK are paying £30 million a day in interest.'TAGS
-
Kwedit SAVE
PEOPLE
"Kwedit is not credit." -- No, it's debt, you sick f*cks! -- 'Kwedit Promise gives you digital content and virtual goods *now* in exchange for Promises to pay for them later. When you’re ready to pay back your Promises, you can use any of the methods provided by Kwedit Direct. Partial or late payments will lower your Kwedit Score and you may no longer be eligible to use Kwedit.'TAGS
-
06 MAR 10
Mish -- Iceland Rejects IceSave; Does No Mean No? SAVE
'"Icelanders overwhelmingly rejected a bill that would saddle each citizen with $16,400 of debt in protest at U.K. and Dutch demands that they cover losses triggered by the failure of a private bank, first results show." -- Notice how Prime Minister Johanna Sigurdardottir calls the will of 93% of Icelandic citizens "obsolete". The reality is she will soon be obsolete and voted out of office. Such arrogance is not tolerated anywhere. Perhaps the best thing to do is default and suffer the consequences. Even if it is not the best thing to do, that is what 93% of Icelandic voters want to do, so that is what Iceland should do. By defaulting on debt, Iceland will be better prepared and able to pay off any new debt, much more so than if it was saddled with IMF loans with a noose attached to the necks of every Icelandic citizen.'TAGS
-
Telegraph -- Our world balances on a sea of debt SAVE
PEOPLE
'Convicted fraudster Darius Guppy offers a provocative personal view: "Governments do not control the single most important mechanism when it comes to their economies: the production and distribution of money. That role has been diverted to the banks, which manufacture money out of nothing and charge interest on that conjured-up money. ...while money is indeed created and destroyed in vast amounts every second of the day, the interest on that money remains un-destroyed and accumulates within the system – and at a compounded rate, moreover. It is a simple and devastatingly effective swindle, but largely invisible because it has become so deeply embedded in our culture. The consequences of that swindle – the desperate need for economic growth; the environmental and cultural despoliation it engenders – require some radical thinking one encounters nowhere in any of today’s political parties."'TAGS
-
04 MAR 10
The Daily Bell -- Greece Must Swallow Its Medicine SAVE
'Whatever Greece ends up doing, many other similarly profligate countries may follow. Of course it is possible that the EU stages a miraculous economic recovery and the current disastrous budgetary numbers are reversed. But we doubt that will happen. This economic crisis is going to be a long, hard one. The Greeks, the Portuguese, the Spanish - these are tribal countries as we have pointed out in the past. The EU had considerable success bribing the tribes. Tribes in fact are happy to accept tribute. But tribes are less happy to pay it. Will the Greeks be wiling to suffer for the euro and for the EU itself? Does their first loyalty lie with the EU, then with Greece and finally with friends and family? We would suggest not. The Greeks will likely not internalize their nation's shame. Why should they? They will merely resent that they are being individually held responsible for the logical outcome of a larger EU system of bribes and calculated kickbacks.'TAGS
-
YouTube -- Goldman Sucks SAVE
PEOPLE
'This video is a visualization of Matt Taibbi's "The Great American Bubble Machine"' -- IMMA DOIN GAWDS WURK!TAGS