Thursday 21 July 2011

We Have Forgotten What the Ancient Sumerians and Babylonians, the Early Jews and Christians, the Founding Fathers and Even Napoleon Bonaparte Knew About Money

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Financial Terrorism Analysis: How Global Bankers Plunder Nations – Lessons from Greece

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Gold: Independent Money

The Debt Crisis and the War Cycle

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Food speculation: 'People die from hunger while banks make a killing on food'

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Saturday 16 July 2011

Big Banks Waging War Against the People of the World

Michael Hudson is a highly-regarded economist. He is a Distinguished Research Professor at the University of Missouri, Kansas City, who has advised the U.S., Canadian, Mexican and Latvian governments as well as the United Nations Institute for Training and Research. He is a former Wall Street economist at Chase Manhattan Bank who also helped establish the world’s first sovereign debt fund.

Hudson says:
  • The European debt crisis is really financial warfare by the banks
  • Indeed, the banks are in warfare against the rest of society

'I've just doused myself in petrol and I'm going to set myself alight': The chilling words of a con victim left £250,000 in debt

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Wednesday 13 July 2011

They Warned Us

All About Money

When the chief economics editor at the Financial Times writes that the essence of the contemporary monetary system is:

"the creation of money, out of nothing, by private banks..."

then it might be time to pay more attention to where your money comes from.

This talk, delivered by Ben Dyson of Positive Money, explains why almost everyone is in debt, why the financial crisis continues, and how the current banking system (which the Governor of the Bank of England described as the worst possible) is at the root of most of the social and economic problems that we face today.

Discover the few simple changes to banking that would reduce debt, poverty and economic instability and that would ensure that the reckless behaviour of banks could never threaten the global economy again.

Join the campaign for real reforms to banking at   http://www.positivemoney.org.uk

Redistribution of Wealth from People to Politicians

Sunday 10 July 2011

Tent City USA

I believe that banking institutions are more dangerous to our liberties than standing armies. If the American people ever allow private banks to control the issue of their currency, first by inflation, then by deflation, the banks and corporations that will grow up around [the banks] will deprive the people of all property until their children wake-up homeless on the continent their fathers conquered. The issuing power should be taken from the banks and restored to the people, to whom it properly belongs.

Thomas Jefferson, (Attributed)

3rd president of US (1743 - 1826)

Friday 8 July 2011

Suicide rates rise as debt and cuts take their toll

By Nina Lakhani
Friday, 8 July 2011

 

Suicide rates have risen sharply across Europe since the banking crisis as people struggle to cope with debt, unemployment and public service cuts.

 

Britons fared worse than average, with an 8 per cent rise in suicides between 2007 and 2009 – a shock after almost a decade of annual declines, according to research in The Lancet.

The mental health of people in countries worst hit by the crisis such as Ireland and Greece suffered most. In Greece, 16 per cent more people killed themselves in 2009 than 2007, a large increase, even before the huge financial bailouts hit jobs, pensions and public services. The Irish have suffered a similar fate, with a 13 per cent rise as people face up to home repossessions and dire long-term prospects.

The research is the first large-scale analysis of the impact of the recession on health, and it strongly suggests governments have failed to learn the lessons from previous economic downturns.

Countries that have a fair benefits system and strong programmes to help people back into work quickly have historically avoided suicide spikes during recessions.

Dr David Stuckler, lead author and lecturer in sociology at the University of Cambridge, said the findings were "terribly frustrating". "Human beings are the real tragedy of an economic crisis, so it is terribly frustrating that government leaders have not only failed to invest in programmes that protect people, but have actually done the opposite... This has been the pattern for three and a half decades but lessons have not been learnt," he said.

For every suicide there are on average 10 failed attempts and thousands of depression cases, which are much harder to count. Dr Peter Byrne, consultant liaison psychiatrist at Newham University Hospital in east London, said he has seen an increase in patients who have self-harmed or attempted suicide because of "personal debt, loss of hope and uncertainty".

Dr Andrew McCulloch, chief executive of the Mental Health Foundation, added: "The right health, social care, housing and employment support services must be available to help vulnerable people in need now."

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