Posts Tagged Predatory Lending

Hyper Report 08/08/2012 – Feds Brainwashing Scheme

via: HyperReport
August 8, 2012

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Banks behind France’s own housing scandal

via: PressTVGlobalNews
July 24, 2012

He is one of the thousands who were tricked by French banks into accepting poisonous loans.

French banks set up subsidiaries which offered property loans to middle class families, on one condition: the homes could never be sold, had to be compulsorily rented and only banks, not the landlords, could select tenants.  Then they received warning letters from banks.

Home owners realized the contract sent by banks had been illegally skewed whereby, they were forced to repay 6 times their initial loan and all their belongings were auctioned off.

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Economists, Military Strategists and Others Warned Us … Long Ago

via: WashingtonsBlog
July 19, 2012

We’ve known for 4,000 years that debts need to be periodically written down, or the entire economy will collapse. And see this.

We’ve known for 2,500 years that prolonged war bankrupts an economy.

We’ve known for 1,900 years that rampant inequality destroys societies.

We’ve known for thousands of years that debasing currencies leads to economic collapse.

We’ve known for hundreds of years that the failure to punish financial fraud destroys economies, as it destroys all trust in the financial system.

We’ve known for hundreds of years that monopolies and the political influence which accompanies too much power in too few hands is dangerous for free markets.

We’ve known for centuries that companies will try to pawn their debts off on governments, and that it is a huge mistake for governments to allow corporate debt to be backstopped by government.

We’ve known for 200 years that allowing private banks to control credit creation eventually destroys the nation’s prosperity.

We’ve known for 200 years that a fiat money system – where the money supply is not pegged to anything real – is harmful in the long-run.

We’ve known since the 1930s Great Depression that separating depository banking from speculative investment banking is key to economic stability. See thisthisthis and this.

We’ve known for 80 years that inflation is a hidden tax.

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The Rothschilds and Rockefellers Join Forces in Multi-Billion Dollar Deal

via: VigilantCitizen
July 7, 2012

If you needed proof the world elite is a tightly-knit group geared on dynasties and bloodlines, well here’s a pretty good one. The most powerful family of Europe, the Rothschilds have joined forces with the most powerful family of America, the Rockefellers, in a super-multi-billion-dollar deal that greatly expands the influence of both families. For centuries, the Rothschilds and the Rockefellers silently shaped the world as we know it, influencing political decisions, the economy and even wars between nations. As Mayer Amschel Rothschild stated: “Give me control of a nation’s money and I care not who makes her laws.” 

Both families are now major actors in the creation a New World Order and this deal is a great example of how these ancient dynasties are merging into a single, world-dominating unit. As David Rockefeller stated in his memoirs:

“Some even believe we are part of a secret cabal working against the best interests of the United States, characterizing my family and me as ‘internationalists’ and of conspiring with others around the world to build a more integrated global political and economic structure – one world, if you will. If that’s the charge, I stand guilty, and I am proud of it.”

-David Rockefeller, “Memoirs of David Rockefeller” p.405

Here’s an article on the mega-deal between the two most powerful families on Earth.

Transatlantic alliance between Rothschilds and Rockefellers for wealth management

As if they weren’t already well-connected enough, the world’s two greatest dynasties joined forces yesterday as Europe’s Rothschild banking clan bought a stake in the Rockefeller group’s wealth and asset management business to gain a foothold in the US.

The patriarchs of the two families – 96-year-old David Rockefeller and Jacob Rothschild, 76 – cemented a five-decade acquaintance as the younger man’s London-based £2bn RIT Capital investment trust bought a 37 per cent stake in the American’s business.

In addition to bringing together the two doyens, the deal will considerably expand the vast networks of both families.

To give a taste: Lord Rothschild’s son, Nat Rothschild, is a well-known entrepreneur with stakes in a range of companies such as Genel, the Kurdistan-focused oil producer run by former BP chief executive Tony Hayward and Bumi, the Indonesian mining group. He was also linked with George Osborne and Peter Mandelson at a notorious party on an oligarch’s yacht off Corfu in 2008.

Lord Rothschild’s niece Kate is married to Ben Goldsmith, brother of Conservative MP Zac Goldsmith and Jemima Khan and son of the late billionaire business tycoon Sir James Goldsmith.

On the Rockefeller side, for starters, David’s granddaughter Ariana is a successful fashion designer who married the construction heir Matthew Bucklin in 2010. And let’s not forget the founders who, although no longer with us, live on through their business creations.

The Rockefeller family’s journey to vast riches began in 1870 when John D Rockefeller set up Standard Oil and went on establish a fortune that is widely regarded to be the largest in US history. The family’s wealth management operation was set up in 1882 to manage that fortune.

The Rothschild dynasty goes back even further, to when Mayer Amschel Rothschild started a business in Frankfurt towards the end of the 18th century. It helped finance Britain’s war against Napoleon in the 19th century and raised funds for a loan allowing the British government to buy the Suez canal.

The Rothschilds bought the stake in Rockefeller from French banking group Société Générale for an undisclosed sum. SocGen, which has owned the stake since 2008, appointed a new head of private banking in March, replacing Daniel Truchi with Jean-François Mazaud.

SocGen’s sale of the stake comes as banks around the world sell peripheral assets to reduce their risks and strengthen their capital bases in order to meet tough regulations aimed at preventing a repeat of the 2008 financial crisis.

Commenting on the deal, Mr Rockeller said: “Lord Rothschild and I have known each other for five decades. The connection between our two families remains very strong. I am delighted to welcome Jacob and RIT as shareholders.”

– Source: The Independent

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The History Of The Federal Reserve System

via: ZeroHedge
by: Tyler Durden
July 6, 2012
Tyler Durden's picture

For better or mostly worse, the Federal Reserve has been governing the monetary system of the United States since 1914. The visual history below maps the rise of the Fed from its origins as a relatively minor institution, often controlled by Presidents and The Treasury to its supposedly independent and self-aware current position as, arguably, the most powerful entity in the world. And because we always like to be ‘fair-and-balanced’ we juxtapose this clarifying truth of the maniacal growth of the Fed’s balance sheet and shift from passive to hyperactive – highlighting every major macro-economic and political event on the way – with G. Edward Griffin’s 1994 speech on ‘The Creature From Jekyll Island’.

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