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Posts tagged ‘Automated teller machine’

The Banking Elite are Not Only Stealing Our Wealth, But They Are Also Stealing Our Minds

by smartknowledgeu

In the past several years, people worldwide are slowly beginning to shed the web
of deceit woven by the banking elite and learning that many topics that were
mocked by the mainstream media as conspiracy theories of the tin-foil hat
community have now been proven to be true beyond a shadow of a doubt. First
there was the myth that bankers were upstanding members of the community that
contributed positively to society. Then in 2009, one of their own, Paul Volcker,
in a rare momentary lapse of sanity, stated “I wish someone would give me
one shred of neutral evidence that financial innovation has led to economic
growth — one shred of evidence.”
He then followed up this declaration by
stating that the most positive contribution bankers had produced for society in
the past 20 years was the ATM machine. Of course since that time, we have
learned that Wachovia Bank laundered $378,400,000,000 of drug cartel money,
HSBC Bank failed to monitor £38,000,000,000,000 of money with
potentially dirty criminal ties
, United Bank of Switzerland illegally manipulated LIBOR interest
rates on a regular basis for purposes of profiteering
, and though they have
yet to be prosecuted, JP Morgan bank, Goldman Sachs bank, & ScotiaMocatta
bank are all regularly accused of manipulating gold and silver prices on nearly
a daily basis by many veteran gold and silver traders.

full article at source: http://www.zerohedge.com/contributed/2013-01-03/banking-elite-are-not-only-stealing-our-wealth-they-are-also-stealing-our-min

“ECB is happy to let Irish banks go”

AIB

Image via Wikipedia

 

By David Mc Williams

David has a new posting and it is well worth a read!

Did you know that AIB defaulted on Monday? It did, and the people who internationally govern this type of thing announced yesterday that AIB is technically in default. AIB decided — rightly — not to pay some of its many billions of bonds. It began the process of burning the bondholders. Now, were we not told that if the banks defaulted then the sky would fall in? Wasn’t that the establishment line?
It’s not me who says AIB has defaulted, it is the following list of banks: Bank of America/Merrill Lynch; Barclays, Credit Suisse; Deutsche Bank; AG Goldman Sachs; JPMorgan Chase Bank; NA Morgan Stanley; UBS; BNP Paribas; Societe Generale; Citadel Investment Group LLC; DE Shaw Group; BlackRock; BlueMountain Capital and Rabobank International.
All these international investment banks that make up an august body called the International Swaps and Derivatives Association deemed officially that AIB has defaulted.
Now I don’t really care what happens to these bankers, but I do remember that they had said that if AIB or any of the Irish banks defaulted on anything, the world would cave in. So has it? Weren’t you told that by now the ATMs would not have any money in them?
Yesterday morning, I approached an ATM in Dalkey at the local AIB expecting to see lines and lines of frantic depositor’s queuing up to get their money out.
I was terrified as I put in my card because these usual suspects who come on telly and sound as if they know something warned that at the first hint of a default there would be no money in the hole in the wall. Now granted, these were the same lads who said we’d have a soft landing and who reassured us that the banks were “well capitalised”.

read full article at source : http://www.davidmcwilliams.ie/2011/06/22/ecb-is-happy-to-let-irish-banks-go-bust-by-stealth

Frightening the Children with the Broken-ATM Argument

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