Radio interview with Investment Guru Gerald Celente. He outlines how bankers (calling themselves "Technocrats") are trying to monopolize the world under their control. He also says he is still convinced gold and silver (and some cash) are the way to go.
Showing posts with label Wall Street Bankers. Show all posts
Showing posts with label Wall Street Bankers. Show all posts
Wednesday, March 14, 2012
Thursday, March 1, 2012
How Much is The Minimum Wage? (Video)
This funny rant by a Brit echoes what many in the US feel.
Warning...the language is a bit rough but it only highlights this guy's passionate views.
Tuesday, September 27, 2011
Trader: "The Governments Don't Rule the World, Goldman Sachs Rules the World." (Video)
We've been saying it for years. Goldman Sachs is EVIL!
Wake Up America!
Goldman Sachs rules the world and the Euro zone is poised to crash, according to trader Alessio Rastani.
"This is not a time right now for wishful thinking that governments are going to sort things out," Rastani said on an interview with BBC on Monday morning. "The governments don't rule the world, Goldman Sachs rules the world."
The statement came towards the end of an almost three and a half minute interview in which Rastani warned viewers to "get prepared" for the inevitable: "The savings of millions of people are going to vanish" in less than a year, he said.
"This economic crisis is like a cancer, if you just wait and wait thinking this will go away, just like a cancer it's going to grow and it's going to be too late," he continued.'
Fear over the fragility of the European economy has become pronounced in recent weeks. Prompted in part by concerns that the region could enter recession and affect the global economy, stocks composing the Dow Jones Industrial Average suffered their worst week since 2008 last week, according to Reuters.
In spite of statements like Rastani's, Euro policymakers continue to press ahead with possible reforms. Currently, they are working to bolster their 440 billion-euro rescue fund, after being criticized by leaders from both China and the U.S. for letting Greece's debt crisis already wreak havoc on global stocks, according to Reuters.
But the crash will be good news for traders, Rastani told the stunned BBC anchors.
"For most traders we don't really care about having a fixed economy, having a fixed situation, our job is to make money from it," he said. "Personally, I've been dreaming of this moment for three years. I go to bed every night and I dream of another recession."
Rastani said traders aren't the only ones who can benefit from the crisis.
"When the market crashes... if you know what to do, if you have the right plan set up, you can make a lot of money from this."
"This is not a time right now for wishful thinking that governments are going to sort things out," Rastani said on an interview with BBC on Monday morning. "The governments don't rule the world, Goldman Sachs rules the world."
The statement came towards the end of an almost three and a half minute interview in which Rastani warned viewers to "get prepared" for the inevitable: "The savings of millions of people are going to vanish" in less than a year, he said.
"This economic crisis is like a cancer, if you just wait and wait thinking this will go away, just like a cancer it's going to grow and it's going to be too late," he continued.'
Fear over the fragility of the European economy has become pronounced in recent weeks. Prompted in part by concerns that the region could enter recession and affect the global economy, stocks composing the Dow Jones Industrial Average suffered their worst week since 2008 last week, according to Reuters.
In spite of statements like Rastani's, Euro policymakers continue to press ahead with possible reforms. Currently, they are working to bolster their 440 billion-euro rescue fund, after being criticized by leaders from both China and the U.S. for letting Greece's debt crisis already wreak havoc on global stocks, according to Reuters.
But the crash will be good news for traders, Rastani told the stunned BBC anchors.
"For most traders we don't really care about having a fixed economy, having a fixed situation, our job is to make money from it," he said. "Personally, I've been dreaming of this moment for three years. I go to bed every night and I dream of another recession."
Rastani said traders aren't the only ones who can benefit from the crisis.
"When the market crashes... if you know what to do, if you have the right plan set up, you can make a lot of money from this."
Sunday, August 28, 2011
School Superintendent Gives Up $800,000 In Pay .. Take Heed Wall Streeters & Corporate Big-Wigs
Here at See No Evil we love to publish feel good stories about Americans who stand above the crowd.
School Superintendent Larry Powell..We Salute You!
This Citizen deserves all the attention he is receiving. It is high time we hear about people giving back to the communities that have given them so much...instead of those who are just taking, taking, taking.
Although $800K over 3 years is not a huge amount, it is a significant amount to most people. In his own words "There is no reason for me to be stockpiling money".
Take heed Wall Streeters and big-wig corporate execs....we ARE watching you! What need is there for you to be stockpiling your millions and billions?
Wake Up America!
FRESNO, Calif. - Some people give back to their community. Then there's Fresno County School Superintendent Larry Powell, who's really giving back. As in $800,000 — what would have been his compensation for the next three years.
Until his term expires in 2015, Powell will run 325 schools and 35 school districts with 195,000 students, all for less than a starting California teacher earns.
"How much do we need to keep accumulating?" asks Powell, 63. "There's no reason for me to keep stockpiling money."
Powell's generosity is more than just a gesture in a region with some of the nation's highest rates of unemployment. As he prepares for retirement, he wants to ensure that his pet projects survive California budget cuts. And the man who started his career as a high school civics teacher, who has made anti-bullying his mission, hopes his act of generosity will help restore faith in the government he once taught students to respect.
"A part of me has chaffed at what they did in Bell," Powell said, recalling the corrupt Southern California city officials who secretly boosted their salaries by hundreds of thousands of dollars. "It's hard to believe that someone in the public trust would do that to the public. My wife and I asked ourselves 'What can we do that might restore confidence in government?'"
Powell's answer? Ask his board to allow him to return $288,241 in salary and benefits for the next three and a half years of his term. He technically retired, then agreed to be hired back to work for $31,000 a year — $10,000 less than a first-year teacher — and with no benefits.
"I thought it was so very generous on his part," said school board member Sally Tannenbaum. "We get to keep him, but at a much lower rate."
His move was so low-key, his manner so unassuming, that it took four days after the school board meeting for word of his act to get out to the community. There were no press releases or self-congratulatory pats on the back.
"Things like this are what America is all about," said friend Alan Autry, Fresno's former celebrity mayor who played Capt. Bubba Skinner on the TV series "In the Heat of The Night."
"America is as much about overcoming obstacles in difficult times as it is opulence," Autry said. "This reminds me of the great sacrifices made throughout our history, especially the Great Depression."
No one has been more surprised about the positive reaction than Powell, a lifelong educator who didn't realize that what he did was newsworthy. He chuckles at his desk when yet another e-mail arrives from a colleague blown away by his generosity. Two days after word got out he had received 200 messages on his Facebook page.
"When you make good choices, good things happen to you," said Powell, who tends to talk in the kind of uplifting phrases that also make him a sought-after motivational speaker.
He even sees as an asset his childhood contraction of polio, which left him with a limp and a brace, and now a lingering post-polio syndrome.
"It's the most spectacular thing that has happen to me in all my life," he said. "People stepped up to help me be successful."
Powell might credit others, but others say Powell's drive always has come from within. Despite the right leg brace and experimental operations to stop the growth of his healthy leg, he became a champion high school wrestler in Fresno and set a record for one of the most dreaded of all gym class drills — the 20-foot rope climb, which he completed in 1.8 seconds. Today he carries a six handicap in golf.
After moving into school administration he became deputy superintendent, and was appointed to his current job before running for the office in 2006.
The ordained Baptist minister, who serves on the board of a national anti-bullying group that sprang from the Columbine shootings, is so popular he even counts among his friends his contract bargaining nemesis, the former head of the employees' union.
"For a leader to step up to help the budget is phenomenal," said Mike Lepore. "It gives you hope. It gives you the feeling that everything is being done to try to make education work. It's Larry. It really is."
Powell will still earn a six-figure retirement, especially hefty by the standards of California's farming heartland. But because his salary comes out of the district's discretionary budget, for the next three years he'll be able to steer the money he is giving up where he wants: to programs for kindergarten and preschool, the arts and a pet project that steers B and C students into college by teaching them how to take notes and develop strategy skills.
"Our goal has never been to have things," Powell said of himself and his wife, Dot. "We want to give back."
Until his term expires in 2015, Powell will run 325 schools and 35 school districts with 195,000 students, all for less than a starting California teacher earns.
"How much do we need to keep accumulating?" asks Powell, 63. "There's no reason for me to keep stockpiling money."
Powell's generosity is more than just a gesture in a region with some of the nation's highest rates of unemployment. As he prepares for retirement, he wants to ensure that his pet projects survive California budget cuts. And the man who started his career as a high school civics teacher, who has made anti-bullying his mission, hopes his act of generosity will help restore faith in the government he once taught students to respect.
"A part of me has chaffed at what they did in Bell," Powell said, recalling the corrupt Southern California city officials who secretly boosted their salaries by hundreds of thousands of dollars. "It's hard to believe that someone in the public trust would do that to the public. My wife and I asked ourselves 'What can we do that might restore confidence in government?'"
Powell's answer? Ask his board to allow him to return $288,241 in salary and benefits for the next three and a half years of his term. He technically retired, then agreed to be hired back to work for $31,000 a year — $10,000 less than a first-year teacher — and with no benefits.
"I thought it was so very generous on his part," said school board member Sally Tannenbaum. "We get to keep him, but at a much lower rate."
His move was so low-key, his manner so unassuming, that it took four days after the school board meeting for word of his act to get out to the community. There were no press releases or self-congratulatory pats on the back.
"Things like this are what America is all about," said friend Alan Autry, Fresno's former celebrity mayor who played Capt. Bubba Skinner on the TV series "In the Heat of The Night."
"America is as much about overcoming obstacles in difficult times as it is opulence," Autry said. "This reminds me of the great sacrifices made throughout our history, especially the Great Depression."
No one has been more surprised about the positive reaction than Powell, a lifelong educator who didn't realize that what he did was newsworthy. He chuckles at his desk when yet another e-mail arrives from a colleague blown away by his generosity. Two days after word got out he had received 200 messages on his Facebook page.
"When you make good choices, good things happen to you," said Powell, who tends to talk in the kind of uplifting phrases that also make him a sought-after motivational speaker.
He even sees as an asset his childhood contraction of polio, which left him with a limp and a brace, and now a lingering post-polio syndrome.
"It's the most spectacular thing that has happen to me in all my life," he said. "People stepped up to help me be successful."
Powell might credit others, but others say Powell's drive always has come from within. Despite the right leg brace and experimental operations to stop the growth of his healthy leg, he became a champion high school wrestler in Fresno and set a record for one of the most dreaded of all gym class drills — the 20-foot rope climb, which he completed in 1.8 seconds. Today he carries a six handicap in golf.
After moving into school administration he became deputy superintendent, and was appointed to his current job before running for the office in 2006.
The ordained Baptist minister, who serves on the board of a national anti-bullying group that sprang from the Columbine shootings, is so popular he even counts among his friends his contract bargaining nemesis, the former head of the employees' union.
"For a leader to step up to help the budget is phenomenal," said Mike Lepore. "It gives you hope. It gives you the feeling that everything is being done to try to make education work. It's Larry. It really is."
Powell will still earn a six-figure retirement, especially hefty by the standards of California's farming heartland. But because his salary comes out of the district's discretionary budget, for the next three years he'll be able to steer the money he is giving up where he wants: to programs for kindergarten and preschool, the arts and a pet project that steers B and C students into college by teaching them how to take notes and develop strategy skills.
"Our goal has never been to have things," Powell said of himself and his wife, Dot. "We want to give back."
Monday, August 15, 2011
Warren Buffett: Stop Coddling the Super-Rich!
Warren Buffett has urged U.S. lawmakers to raise taxes on the country's super-rich to help cut the budget deficit, saying such a move will not hurt investments.
Billionaire Warren Buffett urged U.S. lawmakers Monday to raise taxes on the country's super-rich to help cut the budget deficit, saying such a move will not hurt investments.
"My friends and I have been coddled long enough by a billionaire-friendly Congress. It's time for our government to get serious about shared sacrifice," The 80-year-old "Oracle of Omaha" wrote in an opinion article in The New York Times.
Buffett, one of the world's richest men and chairman of conglomerate Berkshire Hathaway Inc , said his federal tax bill last year was $6,938,744.
"That sounds like a lot of money. But what I paid was only 17.4 percent of my taxable income - and that's actually a lower percentage than was paid by any of the other 20 people in our office. Their tax burdens ranged from 33 percent to 41 percent and averaged 36 percent," he said.
"My friends and I have been coddled long enough by a billionaire-friendly Congress. It's time for our government to get serious about shared sacrifice," The 80-year-old "Oracle of Omaha" wrote in an opinion article in The New York Times.
Buffett, one of the world's richest men and chairman of conglomerate Berkshire Hathaway Inc , said his federal tax bill last year was $6,938,744.
"That sounds like a lot of money. But what I paid was only 17.4 percent of my taxable income - and that's actually a lower percentage than was paid by any of the other 20 people in our office. Their tax burdens ranged from 33 percent to 41 percent and averaged 36 percent," he said.
Lawmakers engaged in a partisan battle over spending and taxes for more than three months before agreeing on August 2 to raise the $14.3 trillion U.S. debt ceiling, avoiding a U.S. default.
"Americans are rapidly losing faith in the ability of Congress to deal with our country's fiscal problems. Only action that is immediate, real and very substantial will prevent that doubt from morphing into hopelessness," Buffett said.
Story: 3 ways to get more return on your savings
Buffett said higher taxes for the rich will not discourage investment.
"I have worked with investors for 60 years and I have yet to see anyone - not even when capital gains rates were 39.9 percent in 1976-77 - shy away from a sensible investment because of the tax rate on the potential gain," he said
"People invest to make money, and potential taxes have never scared them off."
"Americans are rapidly losing faith in the ability of Congress to deal with our country's fiscal problems. Only action that is immediate, real and very substantial will prevent that doubt from morphing into hopelessness," Buffett said.
Story: 3 ways to get more return on your savings
Buffett said higher taxes for the rich will not discourage investment.
"I have worked with investors for 60 years and I have yet to see anyone - not even when capital gains rates were 39.9 percent in 1976-77 - shy away from a sensible investment because of the tax rate on the potential gain," he said
"People invest to make money, and potential taxes have never scared them off."
Tuesday, April 12, 2011
Bofa CEO: Owners Shouldn't Look At Home As An Asset
The CEO of Bank of America, one of the banks culpable for the housing bust, now tells Americans that their homes are not worthy of being considered an asset, but rather a "...great place to live."
Wake Up America!!
You CAN do something about this mess you're in if you will only take hold of your rights and exercise them. Vote out the villainous traitors who allow these bankers free reign to destroy our economy!
Homeowners may need to look elsewhere for long-term investment returns as housing prices in some areas may not rebound long-term, Bank of America Corp Chief Executive Officer Brian Moynihan said on Tuesday.
Moynihan, CEO of the largest U.S. bank, said at a state attorneys general summit that low population growth in some regions of the country indicated that prices might not rise in the wake of the worst financial crisis since the Great Depression.
"It's sobering to think, but some people shouldn't be thinking of (their home) as an asset," Moynihan said at the 2011 National Association of Attorneys General conference. "They should be thinking of it as a great place to live."
Moynihan said the long-term average annual rise in post-war U.S. home prices of 4 percent owed much to the explosion in domestic population and, in more recent times, the relaxation of credit standards across the mortgage industry.
"The reality is that the population is not expected to grow the way it did post World War I and World War II," he said.
Moynihan noted an Ohio customers' complaint that his 100-year-old home was valued at $50,000. The home, Moynihan said, would be valued as "some multiples of that figure" if it were located elsewhere, but stagnant population levels in the state are driving demand and home prices lower.
The conference included many of the state attorneys general currently engaged in negotiations with BofA and other lenders about a broad settlement to allegations that the industry cut corners on foreclosures.
Moynihan said during his prepared remarks that he had spoken with the attorneys general about industry issues, but declined to comment further about the discussions.
Thursday, December 9, 2010
Want To Get Away With Murder? Become a Bank! (Video)
As the US economy continues to struggle, it seems Wall Street and big banks are doing better than ever. The income disparity gap in the United States is the largest of all the developed industrial nations. The Trends Research Institute Director Gerald Celente says the American Empire is collapsing and the banks have committed the greatest bank robbery in the history of the world.
Want to get away with murder? Become a bank!
The companies that helped create the financial meltdown that touched off the Great Recession have found yet another way to undermine the public's faith in capitalism: The Foreclosure Fiasco
GMAC and Bank of America have now resumed foreclosures in some states. By the time you see this, J.P. Morgan may have done so too.
The biggest danger to the U.S. capitalist system doesn't come from communists or community activists or left-wing academics. It comes from some of the nation's biggest financial institutions. These companies, which helped create the financial meltdown that touched off the Great Recession, have now found yet another way to undermine the public's faith in capitalism and markets: the foreclosure fiasco.
Even before the foreclosure problem appeared, the level of public distrust of our financial and political systems was approaching the pathological. It's going to get even worse when the true lesson of this episode sinks in. To wit: If you screw up big-time when you deal with a giant bank, you're toast. If the giant bank screws up when it deals with you, it gets a do-over.
Wednesday, November 10, 2010
Rich Vail Fund Manager Hits Cyclist And Runs, Gets Off Because Charges Might "Jeopardize His Job"
Still Think Rich Wall Street Bankers Aren't Just About Getting Away With Murder? Think Again!
The rich are different from you and me; they get to hit and run, almost killing a cyclist, but get off without serious charges because it is hard to be money manager for Smith Barney if you have a record. District Attorney Mark Hurlbert is not charging Martin Joel Erzinger with a felony, because
"Felony convictions have some pretty serious job implications for someone in Mr. Erzinger's profession," which is managing billions for rich people.
Dr. Steven Milo, the victim, is not impressed.
"Mr. Erzinger struck me, fled and left me for dead on the highway," Milo wrote. "Neither his financial prominence nor my financial situation should be factors in your prosecution of this case."
Dr Milo's lawyer notes that the accident had some pretty serious job implications for his client:
"He will have lifetime pain,' his lawyer Harold Haddon told the court. His ability to deal with the physical challenges of his profession - liver transplant surgery - has been seriously jeopardized.'
According to the Vail Daily story,
Milo was bicycling eastbound on Highway 6 just east of Miller Ranch Road, when Erzinger allegedly hit him with the black 2010 Mercedes Benz sedan he was driving. Erzinger fled the scene and was arrested later, police say. Erzinger allegedly veered onto the side of the road and hit Milo from behind. Milo was thrown to the pavement, while Erzinger struck a culvert and kept driving, according to court documents.
Erzinger drove all the way through Avon, the town's roundabouts, under I-70 and stopped in the Pizza Hut parking lot where he called the Mercedes auto assistance service to report damage to his vehicle, and asked that his car be towed, records show. He did not ask for law enforcement assistance, according to court records.
At Cyclelicious, Richard Masoner is organizing a boycott of a race in Vail next August.
At Change.org, a petition has been started, asking DA Hurlburt "Don't drop felony charges against hit-and-run wealth manager."
Traffic laws exist to motivate all drivers to act in a manner that is safe for other users of the road, including pedestrians, cyclists, and other drivers. To those of us who rely on bicycles for transportation and recreation, enforcement of laws that ensure our safety on the road is vital.
The enforcement of traffic laws should not differ depending on a driver's ability to write a check, but rather on the ability of the law to motivate drivers to drive safely. What Martin Joel Erzinger is accused of doing is clearly criminal, but dropping felony charges will set a message to drivers that the penalties for neglecting the welfare of others on the road, causing life-altering injury, and showing no concern for the victim might not be as serious as the law indicates.
A hundred years ago, Author Anatole France wrote that "The law, in its majestic equality, forbids rich and poor alike to sleep under bridges, to beg in the streets, and to steal their bread." The rich have always been treated differently in the courts. But this is just so blatant; you or I would not have "job implications" taken into account if we did a hit and run.
In the New York Times today, Nicolas Kristof says that America is turning into a banana republic with its extremes of distribution of wealth. Now it also appears to have become a kangaroo court for the same reason.
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