Jump to navigation
| Thursday, January 29, 2009 | |
Videos - Money as Debt - How Banks Create Money Out of hin Air
This might be surprising to you if you don't know it.
Did you know that the multi-trillion dollar budget deficit in the United States can never be paid off with the current financial system?
Every time politicians promise to balance the budget and pay of f the debt they are either lying, ignorant or they want to change the
actual financial and banking system like former presidential candidate Ron Paul.
Below you can watch Money as Debt and easily understand how this all got started and how money is really created. This is vital to understanding what is going on with these bailouts of the banking system. The whole banking system has been a scam since day one. But it has been legalized for banks to do this. If you or I tried doing this we'd be arrested for setting up an illegal Ponzi Scheme.
[Read More!]
| Thursday, January 29, 2009 | |
Over the last few weeks there appears to be a sober look by the American Public about all aspects of debt. That includes how the Federal Reserve debt creation, Wall Street Scams, Credit Card Debt, mortgage loans, car loans ...the whole issue of credit which is hope Americans pay for their standard of living. The level of truthful conversation is still not at a level that would satisfy an informed citizenry. As the ranks of informed citizens grows and it will as the lies that got us in this debt mess start to effect us more and more. Speaking truth to power will take on a new meaning. The power will be in the citizenry not the government office holders. The last two election should be awake-up call to politicians, whether Democrats or Republicans. This is our Country and what you have done to it will not be tolerated AGAIN. The Truth and Nothing but the Truth is want we demand. Remind them of that when they take an Oath to up hold the Constitution!
Be alert to the speaches being made both in the USA and abroad that will try to blame American for this mess. This mess was created by all the gredy bastard in high office in every nation!
Wen and Putin lash out at US over economic crisis
January 29, 2009
PLEASE READ MORE NOW
[Read More!]
| Tuesday, January 27, 2009 | |
This article is from Grow Smart Slow. Very worthwhile reading and passing on to friends and family!
5 Credit Card Company Tricks — and How to Thwart Them
Monday, 26th January 2009 (by J.D.)
This article is about Basics, Credit Cards, Hints and Tips
This is a guest post from Justin McHenry, president of Index Credit Cards, a credit card comparison and information site. Index Credit Cards was named “most comprehensive” by Reader’s Digest in its October 2008 issue, and regularly cited by both old and new media.
True or False? Credit card companies lure you in with big promises, but bury the nasty stuff in fine print.
[Read More!]
| Thursday, January 22, 2009 | |
The Razor’s Edge: Lessons in True Wealth
Posted: 18 Jan 2009 05:00 AM PST
Our friends have a profound effect on our personal finance habits. Some friends can lead us to spending and to debt. Others offer insight into the virtues of thrift. For me, my friend Sparky has been the latter. Through his example, I learned that frugality can help me achieve my goals.
[Read More!]
| Tuesday, January 13, 2009 | |
That's A Good Start
Two for 'ya....
From Reuters:
"MIAMI (Reuters) - The former head of UBS AG's wealth management business, Raoul Weil, was formally declared a fugitive on Tuesday after failing to surrender to U.S. authorities on charges of conspiring to help wealthy Americans hide assets from U.S. tax authorities."
And from CNN:
"(CNN) -- Missing Indiana financial manager and pilot Marcus Schrenker is a smooth talker who promised investors steady returns on their money, said two former commercial pilots named in an Indiana Department of Insurance complaint."
[Read More!]
Financial Fraud: The Tip-Off
January 7, 2009
"Tell me why I'm so lucky!" This was the challenge hurled by the head of Capital Markets of my former Wall Street firm at any trader who booked a profit. My partner, who ran our trading business, had the Head of Accounting sitting outside his office and he tracked the firm's securities operations like a hawk. Since perfect markets have the profits squeezed out of them, a reported profit demanded an explanation. Why were we so lucky?
My former partner lived the first rule of avoiding financial scams: understand where your money is, what it is doing, and the logic of your profits. If you don't understand, if it does not make sense to
you, if it does not reflect how the real world really works, then it is prudent to assume you are dealing with fraud.
For this full article Click Here Also that advantage of this week's Solari Report (Thursday, January 8 at 9PM EST), we'll review some simple rules to help you avoid financial frauds and embrace the "rock-and-roll" of investment in the real world. I'll also look at a number of hi-visibility reports that the U.S. dollar is about tumble. Why are "insiders" suddenly going public on this subject? Let's explore why.
[Read More!]
| Wednesday, January 07, 2009 | |
Credit
Card Companies Are Closing Unused Accounts ...Click Here for the whole article
06 Jan 2009 11:00 AM PST
Several GRS (Get Rich Slowly( readers have written lately with the same credit card problem — but
not the one you’d expect. Perhaps in an effort to cut costs, credit
card companies are beginning to close their customers’ unused accounts.
Nicole shared a typical experience:
I’m 26 and have a solid 8-year credit history. Despite really wanting to get rid of some of my old credit cards that I never use, I've held on to the accounts since they help my credit history.
I just got some bad news about my oldest credit card. Because I
haven't charged anything on the account in 13 months, the account has
been suspended and closed. I called and was told by several people that
there is nothing I can do about it. It's as if the years I've had the
account for and the fact that I've always paid what I owe means
nothing. And for my past loyalty they're willing to potentially
make me take a major hit on my credit score.
I feel like I'm being penalized for doing the right thing. Other
than writing a strongly worded letter to Capital One and asking my
other credit card companies to increase my limits, is there anything
you can think of that might help me to minimize the hit on my credit
score?
[Read More!]
|
