http://www.fromthewilderness.com/free/economy/053101_banks.html Do you really think that it can continue like that ? In more than 2000 years of human history when corruption has reached such a critical mass only one thing can happen.
http://jesselivermore.com/jlm_authorbio.html Released in 2001 "FALSE WITNESS" Released on August, 2001. False Witness is fiction based on true events. In some cases the names have been changed to protect the guilty. In South Florida anything is possible. It is the end of the criminal funnel, where sooner or later all the major crimes and criminals wind up, basking in the sun, in the Southern end of the great state of Florida. The allure of easy money, endless sunshine, long white-sand beaches that snake the coast for miles, bikini clad women and windsurfing tan men. In this story the FAA and the DEA raid a stolen aircraft chop-shop. They are surprised to learn it is a rogue U.S. Customs operation. They are also unaware that the illegal secret operation is sanctioned from the highest levels of U.S. political power. One man decides to defy them and that's when the action starts. The story includes a new subject, the theft and re-selling of small aircraft, which in reality is a major business. The story takes us from the secret sweaty dens of iniquity in South Florida, to the mysterious Great Swamp-The Everglades, to a hot nightclub in Little Havana, and finally to the island of Cuba, where we learn that Fidel and his brother Raul are up to their ears in all forms of crime and contraband. Cuba is the new official 'Criminal Free Zone', a high tech free-trade illegal global marketplace, designed to accommodate the new breed of global criminal. A tropical home for world wide desperadoes, international criminals, who need a global 'Free Trade Zone' an open marketplace facility for their criminal enterprises. This includes: storage and repair for stolen aircraft, arms running, drug warehouses, the sale of stolen advanced computer contraband and modern hotels and pleasure palaces for the new global criminals to meet and conspire, with no threat from the long arm of law enforcement. One man is thrust into this world through no fault of his own. He is crossed and double-crossed by the U.S. Government until he has to take matters into his own hands, and that's where the action spirals, as he falls deeper and deeper into a complicated web of deceit. This book is the basis for the headlines yet to come as the world is about to witness its first glimpse at how "global gangsters" and crooked men and women of great international political power really work.
Ok, so all our legislatures should pass sales taxes and abolish income taxes, we could have the criminals paying for health insurance for the poor instead of taxing the middle class out of existence. No need for a revolution Harry, revolutions are pretty upsetting to people basically, and I believe they should be avoided, revolutions that is, not people.
I don't see any sources mentioned to substantiate the author's facts. It seems the single Amazon review on his book wasn't too positive about his global analysis either. Not to mention that the article was written 2 1/2 years ago. http://www.amazon.com/exec/obidos/ASIN/1856499391/ref=nosim/profitsourcepubl/102-6579417-7399309
You don't read your newspaper like the Wall Street Journal ? The Laundering Affair of Criminal Russians by the Bank of New York has been widely exposed in financial press. This is only an example. Go to the Congress and ask for the complete record since it is said " As Senator Carl Levin summarizes the record: "Estimates are that $500 billion to $1 trillion of international criminal proceeds are moved internationally and deposited into bank accounts annually. It is estimated that half of that money comes to the United States". They are also source in France from the Financial Ministry it was recognised officially that the Maffia was responsible for 10% of Stock market in France. And 1/2 year ago so what ? you think that something that has begun 10 years ago will stop after 1/2 year for no reason ?! On the contrary it should be more and more worse since it is said "the importance of laundered money is forecast to increase. Former private banker Antonio Geraldi, in testimony before the Senate Subcommittee projects significant growth in U.S. bank laundering. "The forecasters also predict the amounts laundered in the trillions of dollars and growing disproportionately to legitimate funds." " -------------- Remember that LTCM by controlling only 5% of market has provoked a great crisis. What counts is less the amount than the mobility - liquidity - of the money so that trillions of immobilised institutional funds cannot counter smaller mobile funds all the more so that they are not small any more !What can be more mobile than criminal money ? None. If suddenly they retire the money what will happen ? You would ask why should they retire their money ? I have already given an insight: when the Babyboomers will retire. Do you think that these criminals will let people retire their 401K and crunch their benefits huh ? These benefits should be illegal but they are protected by the bankers who have profited from them also. This money is nothing else than money stolen to the whole people of America. And if you have a little knowledge of how Bubble works you would understand that the origin of the Bubble is also this same criminal Money and so it is not for your eyes only that they provoke such a pyramidal scheme : it is to pump the money as far as they can, when they will have done so they don't need to maintain the Buble and more they will profit from the decline that they will provoke.
Where did I talk about Revolution ? I hate revolution : you know my family has escaped such Revolution - a communist one - that's why I can tell you that I know what Communism looks like in concrete. It is not even a question of Morality: it is a question of CONCRETE IMPACT in 401K of dozens of millions of people in America, Europe and Japan - Japan which has already undergone that and will have to undergo an other one when the American Stock Market will do the same. But as I said I think, contrary to Prechter, that it will last a little more for the reason that as long as there are money to pump these criminals and their helpers the bankers will let their money fructify. But when the Babyboomers will ask for their money when they retire what do you think these criminals will do huh ? They will retire also so that people won't get their money they have worked for all their life ! - and for people not to suspect that it is due to them they will have to disguise the facts so that it will be put on "fatality" or "natural order" hahaha ! This system is an aparatchik system wich ressembles more communism than Democracy ! In a true democracy you can do business honestly without your money being pumped by a corrupted government that will tax you more and more to pay the interests for the bonds. Because if you don't know that this is precisely the link between the government bonds and the criminals who invest in these bonds and are responsible for the huge tax then you should open your eyes ! In 1929 America has been declared bankrupt because it couldn't pay the financial interests of FOREIGN countries that is to say Great Britain. You think that by doing so by magic the financial interests of this bankruptcy has disappeared ? No it is just reported today under the form of more and more debts and associated bonds ! And since today the criminal own for trillions of these bonds it means that the whole America are paying the tax to pay interests to these criminals ! Not only that that when they will crash the Stock Market the whole America will lose a second time.
There are progress in everything even in Criminal Techniques. A Russian Maffia once said that the Best today is to make LEGAL criminal affairs. That's exactly what is happening today see for example: http://www.elitetrader.com/vb/showthread.php?threadid=23585 "When asked why the IRs doesn't go after the CPA's, banks, and lawyers...the IRS guy says: Well, we simply cannot, by law, go after them. He signed his returns and he is fully responsible." It is the victim and naive who will have to pay and ruin his life for these crooks. You would say : he shoudn't be so naïve. Then you can say the same thing for the dozens of Millions of American who will see their 401K crushed then: if they were not naïve it wouldn't happen ? Already it has happened partly - but it is just a taste of what would happen in a more gigantic scale: http://www.elliottwave.com/features/default.aspx?cat=mw&aid=807&time=pm Pension Funds and Miscalculations on the side of extraordinary risk... 11/14/2003 8:57:35 PM The major stock averages traded down for most of Friday (Nov. 14) and closed the session in the red. ***** When it comes to the growing pension fund crisis and trying to assess the risk, it's easy to get lost in the numbers. A multi-billion dollar shortfall sure sounds like a lot, but what does it mean? Well, in a recent article, The New York Times correctly realized that big numbers alone can't tell the story; it's the unfortunate retirees, who are now victims of the assumptions that produced these shortfalls, that make the crisis painfully clear. Their stories describe decades of work for the same company with the promise of early retirement, only to see the plan fail when it was time to claim it. One gentleman in particular told of being assured that the fund was "fully-funded," as little as two weeks before the company went bankrupt, so he "had no idea this was happening until it was too lateâ¦" The results for many people amount to getting monthly pension checks reduced to HALF of what they should be, and job-hunting in a slack market with younger -- and perhaps equally desperate -- competition. What caused the plans' collapse is fairly simple: Companies miscalculated their assumptions about the age employees would retire at, for example, which then led to miscalculated contributions. NOT miscalculations on the side of safety, mind you, but of extraordinary risk -- where risk should have been the first priority. It's one thing for people to make foolishly optimistic decisions on their own behalf. These companies did so with many other people's retirement money at stake. They might as well have used it to play slot machines in Vegas.
If the government said to the people: give me your money to give it to the criminals of course people will refuse. So this is a mechanism to hide the transfer : by setting bonds between the tax and the interests this is a black box that prevent the majority of people for understanding what is happening. Although this is really simplistic they don't even learn at school for most that Bonds ==> Debts ==> Interests ==> Tax and by compounding law it can only grow exponentially through generation !
It is no coïncidence that it is the same year that Tax and Central Bank were settled (in 1913 year) because the tax implies bonds emission and bonds emission are controlled by the central bank. it is no coïncidence that it was a socialist who settled it: http://www.councilonforeignrelations.net/ 'House was a Marxist whose goal was to socialize the United States. In 1912, House wrote the book "Philip Dru: Administrator" in which he stated that he was working for "Socialism as dreamed of by Karl Marx." In this book, House laid out a plan for the conquest of America, telling how both the Democratic and Republican Parties would be controlled, and be used as instruments in the creation of a socialistic government. And he asked for the establishment of a state-controlled central bank, which were both proposed in "The Communist Manifesto". And it was in 1913, during the very first year of the House-dominated Wilson Administration, that both of these proposals became law. The Federal Reserve Act was passed, which brought into power a private central bank to create the money of the United States, taking this power away from the united States Congress. And the 16th Amendment to the United States Constitution, the graduated income tax as proposed by Karl Marx, was also ratified. ' For the ten points of Communist Manifesto see here: http://www.libertocracy.com/Webessays/state/democracy/Communist_Manifesto.htm -Establishing a progressive tax (now there's an oxymoron) to punish production and personal achievement and to continually increase the tax burden on all classes. Eventually the population will come to accept full confiscation of all property and production value to be redistributed according to need, i.e. full blown communism. - Heavy taxation on inheritance and eventually the abolition of inheritance of property and businesses. - Political centralization of banking in the hands of the state by means of a national central bank, eventually as a monopoly by prohibiting private banking. And also: - Universal public education mandated for all children for the purpose of political indoctrination, abolition of private schools and home schooling. They have succeeded so well in this "Education" that today people don't even know that it was a communist schema ! There are only rare people like Trader Vic and his Friend Lawyer who still know the truth - remember http://www.elitetrader.com/vb/showthread.php?s=&threadid=16268&highlight=trader+vic fgmr Review of "Crashmaker" by legendary trader Vic http://www.fgmr.com/crashmkr.htm Even before "Crashmaker" arrived in the post, I knew that I would like this book. My expectations were high because I've known both of the authors for about fifteen years, so I understand what they are capable of achieving. Furthermore, I hold both of them in very high regard because of their professional accomplishments and the vast reservoir of knowledge that each commands. Victor Sperandeo is a Wall Street legend whose deft stock picking and commodity trading over the years earned him the sobriquet, 'Trader Vic'. And Alvaro Almeida is the pen name of an accomplished constitutional attorney whose knowledge about the legal basis for sound money throughout United States history is second to none. So it was with great eagerness that I picked up this book and began reading. But it quickly became evident as I delved into Crashmaker that this was no ordinary book. When I finished, there was no doubt that even my high expectations for it were more than succeeded. This book is truly magnificent. Everyone must read this book, all two volumes and 1,572 pages of it. Crashmaker can be read on two levels. First of all,
Yes! I had this one right. I knew it was going to be a harrytrader thread. I have not read anything except the headline, but I must say: 1. Is there anyone who is not a criminal? 2. Is there anyone who is not a criminal and would not be a criminal if the political circumstances in his country changed? I personally will take the Fifth and respectfully decline to answer the questions posted by myself.