tag:blogger.com,1999:blog-2732335530726828393.post2359326585897828128..comments2024-03-05T06:32:42.206-05:00Comments on A Different Point of View....: How banks play Russian Roulette with our financial securityNick Fillmorehttp://www.blogger.com/profile/01164453733837765836noreply@blogger.comBlogger8125tag:blogger.com,1999:blog-2732335530726828393.post-18477088398754210202017-08-14T20:13:35.723-04:002017-08-14T20:13:35.723-04:00YoBit lets you to claim FREE COINS from over 100 u...<b><a href="http://btcx.syntaxlinks.com/r/YoBit" rel="nofollow">YoBit</a></b> lets you to claim <b>FREE COINS</b> from over <b><i>100</i></b> unique crypto-currencies, you complete a captcha once and claim as many as coins you want from the available offers.<br /><br />After you make about 20-30 claims, you complete the captcha and keep claiming.<br /><br /><b>You can click claim as many times as 50 times per one captcha.</b><br /><br />The coins will <b>stored</b> in your account, and you can exchange them to Bitcoins or USD.Bloggerhttps://www.blogger.com/profile/07287821785570247118noreply@blogger.comtag:blogger.com,1999:blog-2732335530726828393.post-38459916345929265722015-05-14T03:42:00.766-04:002015-05-14T03:42:00.766-04:00Articles related to the casino game of roulette in...Articles related to the casino game of roulette including articles that are useful to online casino players as well as those looking to play offline.<br /><br /><a rel="nofollow" href="http://www.21gambler.com">21 Gambler</a><br /><a rel="nofollow" href="http://www.paigowgambler.com">Online Gambling Tips</a><br /><a rel="nofollow" href="http://www.vestabetting.com">Vesta Betting</a><br /><a rel="nofollow" href="http://www.euroleaguebetting.com">Online Betting Tips</a><br /><a rel="nofollow" href="http://www.crapsbettingonline.com">Online Craps Betting</a><br /><a rel="nofollow" href="http://www.tweet4poker.com">Poker Articles</a><br /><a rel="nofollow" href="http://www.videopokerjackpots.com">Video Poker Jackpots</a><br /><a rel="nofollow" href="http://www.europokergames.com">Euro Poker Games</a><br /><a rel="nofollow" href="http://www.live-videopoker.com">Live Video Poker</a><br />Anonymoushttps://www.blogger.com/profile/08668516629760215296noreply@blogger.comtag:blogger.com,1999:blog-2732335530726828393.post-78981204031985487582013-12-19T11:06:53.134-05:002013-12-19T11:06:53.134-05:00Anonymous: I wrote a post on that subject: http://...Anonymous: I wrote a post on that subject: http://canadiantrends.blogspot.ca/2013/10/job-creation-we-actually-need-to-start.html<br /><br />Job creation? We actually need to start talking wealth creation.Richardhttps://www.blogger.com/profile/15473265775588031435noreply@blogger.comtag:blogger.com,1999:blog-2732335530726828393.post-33156484152605415302013-12-18T16:18:33.779-05:002013-12-18T16:18:33.779-05:00The real menace in all this is the inattention of ...The real menace in all this is the inattention of the banks (and almost everybody else) to the question of satisfactory jobs for all the people being encouraged to take out home loans. Don't they KNOW that if those loans are to be reliably paid off, then the borrowers involved need satisfactory jobs in order to have the necessary income to meet the loan repayment committments? In my view the whole stupid mess involving the subprime mortgage fiasco in the U.S. , and its world-wide fallout from late 2008 onwards, was caused by the general inattention to this question of jobs combined with the un-founded assumption that real estate values would continue to rise "ad infinitum". Another un-founded assumption here was that stimulating the housing market would of itself cure the U.S.'s economic problems, but in fact such stimulus only affects the domestic economy with no positive benefit for the industries that generate export revenues. The trades and professions connected with the housing industry also don't account for the majority of jobs either in the U.S. or in Canada. The banks and the politicians should know that.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-2732335530726828393.post-16124650813016607112013-12-17T20:10:22.828-05:002013-12-17T20:10:22.828-05:00Posted on behalf of Anonymous:
Nick, You will kn...Posted on behalf of Anonymous: <br /><br />Nick, You will know that the Cdn budget, passed earlier this year, on pages 145-146 includes provisions for bail-ins by bank creditors, which includes depositors, and that the FDIC funds carry insufficient to redeem all losses to depositors in the event of a bail-in. Canada was early in passing legislation to “resolve” the banks via bail-ins when the need arises.<br /><br />You will also know that Mark Carney runs the Bank of England as his day job, and moonlights as chair of the Financial Stability Board under the auspices of the BIS.<br /><br />Prior to G-20 meetings Carney puts out a report to the central bankers of the G-20 updating them on “resolution” plans for the next bank crisis. <br />The thrust is to hit the depositors and bank bond holders to bail-in the banks, and not the general taxpayers and Treasuries as was done in the US after 2008. You can find Carney’s reports on the web.<br />He is literally the money master of the western world. <br /><br />There was a time, twenty or thirty years back when politicians couldn’t get through the front door of the BIS, but now at G-20 meetings you have world leaders on one side of the table and central bankers or their deputies on the other side.<br /><br />Oh, and incidentally, the FASB (financial accounting stability board, not part of the BIS) changed the standards after the 2008 crisis, enabling the giant US banks to ‘mark to fantasy’ their toxic assets, and thereby show a profit with added bankster bonuses, rather than ‘mark to market’. Without that change, most of the big banks, at least in the US, would be bankrupt.<br />Nick Fillmorehttps://www.blogger.com/profile/01164453733837765836noreply@blogger.comtag:blogger.com,1999:blog-2732335530726828393.post-72471822398724212802013-12-17T19:58:14.995-05:002013-12-17T19:58:14.995-05:00Posted on behalf of Mike Nickerson:
Hi Nick, well...Posted on behalf of Mike Nickerson:<br /><br />Hi Nick, well put. It is critical for people to understand the problems with our present monetary/economic process.<br /><br />I spent a half decade touring with my book "Life, Money and Illusion" speaking about "Living on Earth as if we want to stay." <br /><br />My study has been cultural evolution. The key material is now available in a free mini-course on Shifting Society's Goals at:<br />http://www.sustainwellbeing.net/minicourse.html <br /><br />There is a summary with links at:<br />http://www.sustainwellbeing.net/mini-c_summary.html <br /><br />The times are ripe, Yours, Mike N. <br /><br />To be truly radical is to make hope possible, <br />rather than despair convincing.<br /> Raymond Henry Williams<br />Nick Fillmorehttps://www.blogger.com/profile/01164453733837765836noreply@blogger.comtag:blogger.com,1999:blog-2732335530726828393.post-9991061008126205362013-12-16T17:28:47.689-05:002013-12-16T17:28:47.689-05:00If I was regulating this, I would limit transactio...If I was regulating this, I would limit transactions to "functional" and "no middle men".<br /><br />Here's what I mean, Dole makes a deal to buy a future crop of pineapples at a particular price. Dole intends to accept the delivery and the farmer expects to supply the delivery. This is "functional".<br /><br />Then we have people who step in the middle and buy the contract from Dole because they believe that the price of pineapple will be even higher at the future date. But they don't intend to ever accept delivery. This would be "non functional". It would be OK for Libby's to buy the contract from Dole because they also intended to take delivery and are therefore "functional".<br /><br />This would allow the futures market but keep the banks and others out of the process.<br /><br />We want derivatives to work in a helpful way where there are valid "functional" buyers and sellers and keep the speculating middlemen out of the process.<br /><br /><br /> Anonymoushttps://www.blogger.com/profile/03496852559893908466noreply@blogger.comtag:blogger.com,1999:blog-2732335530726828393.post-85083151722935800062013-12-16T13:43:04.151-05:002013-12-16T13:43:04.151-05:00And what is the opinion of our fearless Finance Mi...And what is the opinion of our fearless Finance Minister and Head of the Bank of Canada-----I have been asking for any type of explanation and debate on the bundled clause(in the 2013 Budget) allowing our 'too big to fail' banks to play a shell game with our banking assets ---not once has CBC news even mentioned this clause-----Canadians need to know how to protect their money from this type of outright theft---some are also saying that if derivatives to blow our too big to fail banks will use monies confiscated to go after smaller banks such as credit unions. This would leave no place for Canadians to feel safe, especially since there are no real public financial institutions that are not under the Bank Act? Comment please.Anonymousnoreply@blogger.com