Federal Reserve is protecting your Money

Image by Getty Images via Daylife

Federal Reserve is protecting your TAX bailout Money

By Gerald: Internet Anthropologist Think Tank
Oct. 8, 08

AGI Insurance co. was in trouble and the Government ordered the Federal Reserve to bail them out to the tune of $85,000,000,000 ( 85 Billion dollars ).

AGI was so happy they had a party, at a vacation spa with the money.

Rooms were $1,600 a night, the total cost was $440,000 of taxpayers money.

And the Federal Reserve was so angry they gave them $38,000,000,000 more.

Thats $38 billion more dollars.

Of course this time its a loan??? backed by HARD assets, of course the Federal

Reserve hasn't told any body why they gave them more money, or what the first $85

billion was spent on, besides the party, and haven't told any one what the hard assets are that back the other $38 billion.

And the Federal Reserve has $700,000,000,000 ( $700 billion ) to buy bad loans.

Mortages, right?? WRONG, credit card bad debt, bad auto loans etc.

The banking lobbyists were working around the clock on this.

Limited Golden parachutes, BULL.

The new bail out gives the biggest banks, the biggest crooks , the ones charging 33% to 99%

interest on credit cards, it gives them, the companies a GOLDEN parachute.

We need new leadership at the federal reserve and 100% more transparancy.

The CEOs only get performance bonuses, DUH, they just lined up $700 billion.

Let the performance bonuses flow, flood the boardrooms, they just pulled off

the biggest scam in history.

This will go down in history as a new era of Bank Robber Barrons, and criminal banking activity.

We have picked up noise back ground chatter about a lobbyist firms $100,000,000 ( $100 million dollar ) fee .

And some congressmen's re-election chests are tuned to be truly over flowing, cascading, treasure CHESTS, in Gratitude from the Banking and Credit card criminal corporations.

Whats the difference between a bribe and a political donation?

The amount of money, a million dollar contribution, even broken up over time into smaller pieces, is a BRIBE.

When did the Mafia usury interest rates of 30% or 99% become legal for banks and credit card companies?

The Mafia was sent to prision for usury, but the banks don't get charged with usury they get the bankruptcy laws changed in the criminal banks favor.

So the banks can pursue their vicitms of Usury to the grave, and collect their criminal proceeds.

Why did they send the Mafia to prison but bail the banks out? LOBBYIST.

THEY MADE A CRIME LEGAL. USURY.

Gerald

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A billion is a difficult number to visualize, let’s put a billion into perspective:
A billion minutes ago, Jesus was alive.
A billion hours ago, our ancestors were living in the Stone Age.

How long would it take to count to one billion?
If you count one number a second without stopping until you reach a billion. That task would take you 31 years, 259 days, 1 hours, 46 minutes, and 40 seconds.

SOURCE:

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Wikileaks suckered by Insurgents

Photo of a detainee held by the United States, with his face wired, lips sewn, red eyes and torso sacked. According to digital camera metadata the image was taken on Feb 9, 2003 03:49:25.

All source documents were classified, confidential or censored at the time of publication and are made fully availably to media organizations and the public.

http://wikileaks.org/wiki/Wikileaks

http://snipurl.com/34dk1Wi

xxxxxxxxxxxxxxxxxxxxxxxx

Wikileaks knows its a fake and have closed comments, Terrorists are using wikileaks to promote their propaganda, speaks to wikileaks credibility. They will post anything for hits.

...
See the drawing in the middle of the circle showing where to place pin, they have since cleaned
this off their pic on related terror site. We know where this photo came from..terror source.

Note pin does not go back into hole???.


He has a pierced ear??
Since when does someone pierce ears for torture? DUH.



Wires don't match up going in and out of mouth?

An associate said, " it could just be a fashion statement."

Some evidence of photo shoping coupled with makeup special effects.
Stitches (?) are on lower lip only???

Wikileaks SUCKERED BY INSURGENTS.
WL admits they don't know who this person is or where it was taken and jump to the
conclusion it is USA torture, wikileaks post is absent ANY critical thinking.
Have they started posting "crap" just to get hits? YES.
They have even closed comments, and deleted comments offering evidence contrary to their SPIN/PROPAGANDA.

WIKILEAKS LACKS CREDIBILITY OR PROFESSIONALISM.

g

Big oil wind fall profits

Image by Getty Images via Daylife





I just watched Gas prices go from $3 to $4 a gallon this last week.

The OIL companys are repricing their current stock to the market.

So OIL they bought eailer at a lower price which is in the pipe line now,
just got repriced to the current markets higher price.

Let me explain.
Wheat was around $3 a bushel,
and my box of Wheaties was about $3 a box.

Now when the price of Wheat peaked at $12 a bushel recently,
The grocery stores did NOT go back and re-price every box on the shelves ,of Wheaties at $12.
Did they.

This Method of pricing all oil in the pipe line to the market creating win fall profits might not be illegal, but but it seems unpatriotic. And should be taxed heavily.

The oil companies are raking unheard of oil profits unprecedented ever in any industry,
and taking advantage of US citizens and the Government. We have a WAR that runs on OIL.

We will have poor freezing to death this winter, because of this.

This recession is going to hit VERY HARD.
Oil production has peaked, and world is converting food stock to fuel.
WE will never see $3 a gallon gas again. $4 a gallon is just the start.
Oil and food tripling in px in the past year.

Globalization and labor arbitrage will continue to push USA wages towards world averages.
An incremental decrease in American standards of living, adjustments must be made.
While rising food and fuel prices will have a negative impact on the US economy it will devastate American poor and 3rd world economies and spur insurgent activities.


Market matrices.

Gerald
Series 7 and 13

Major World Paradigm Shift $$$

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Musharraf Era!

Image via WikipediaInteresting email from:Afreen
a Paki...



We Love the Honorable President Musharraf !

Basic comparison of 1999 and 2007

Pak Economy in 1999 was: $ 75 billion
Pak Economy in 2007 is: $ 160 billion

GDP Purchasing Power Parity (PPP) in 1999: $ 270 billion
GDP Purchasing Power Parity (PPP) in 2007: $ 475.5 billion

GDP per Capita in 1999: $ 2,000
GDP per Capita in 2007: $ 3,004

Pak revenue collection 1999: Rs. 305 billion
Pak revenue collection 2007: Rs. 708 billion

Pak Foreign reserves in 1999: $ 700 million
Pak Foreign reserves in 2007: $ 17 billion

Pak Exports in 1999: $ 7.5 billion
Pak Exports in 2007: $ 18.5 billion

Textile Exports in 1999: $ 5.5 billion
Textile Exports in 2007: $ 11.2 billion

KHI stock exchange 1999: $ 5 billion at 700 points
KHI stock exchange 2007: $ 70 billion at 14,000 points

Foreign Direct Investment in 1999: $ 1 billion
Foreign Direct Investment in 2007: $ 8 billion

Debt servicing 1999: 65% of GDP
Debt servicing 2007: 26% of GDP

Poverty level in 1999: 34%
Poverty level in 2007: 24%

Literacy rate in 1999: 45%
Literacy rate in 2007: 53%

Pak Development programs 1999: Rs. 80 billion
Pak Development programs 2007: Rs. 520 billion


Under Musharraf's vision

· 9 world class Engineering universities being developed and 18 Public universities already developed.
· Public sector institutions have increased from 110,267 (in 1999) to become
· Private sector institutions have increased from 36,096 (in 1999) to become 81,103 (in 2006).
· PAK is 3rd best in world Banking profitability.
· PAK IT industry now values around $2 billion, including $1 billion exports and employs around 90,000 professionals.
· CNG sector has attracted over $70 billion investment in last 5 years; and created 45,000 jobs.
· Telecom sector attracted around $10 billion in investment and created above 1.3 million jobs.
· Industrial Parks are being setup throughout the country for the first time! M3 estate, Sunder industrial estate, Chakri, etc.
· Major Mega projects like the Saindak, Rekodiq, Marble production, Coal production and Mining & Quarrying are being pursued.
· In 2006, GDP growth is 6%. Earlier in 1999 was 3.5%.
· Foreign Reserves from $1 bn to $17 bn.
· KHI stock market: from 700 points to 13,000 points.
· Literacy rate improved by 11%.
· Poverty decreased by 10%.
· He made 4 dams: Mirani, Subakzai, Gomalzam, Khurram Tangi dams.
· 6 Motorways completed or under construction: M1, M3, M8, M9, M10, M11.
· Six major highways under construction.
· GWADAR advance mega Sea port developed under his vision!
· Historic 100% increase in Tax collection of $11 billion.
· Large scale manufacturing is 30 year high, and Construction activity is 17 year high.
· Newly found World class copper- gold deposits in Chagai will fetch $600 million per year.
· A new Oil refinery with UAE will fetch $5 billion & will process 300,000 oil barrels a day.
· Industrial sector registered 26% growth.
· PAK in 1999 was a $75 billion economy; and now 2006 it's $160 billion economy!
· PAK economy is now the 3rd fastest growing economy after China & India.


Education under Musharraf Era

In 1999-2000 there were 31 Public Universities. Now 2005-2006 there are 49 Public Universities. Under Musharraf 20 NEW UNIVERSITIES SET UP!

· Air University (established 2002)
· Institute of Space technology, ISB (established 2002)
· Sardar Bahadur Khan Women University, Quetta (established 2004)
· University of Science & Technology, Bannu (established 2005)
· University of Hazara (founded 2002)
· Malakand university, Chakdara (established 2002)
· Karakurum International university, Gilgit (established 2002)
· University of Gujrat (established 2004)
· Virtual University of Pak, Lahore (established 2002)
· Sarhad University of IT, Peshawar (established 2001)
· National Law University, ISB (2007)
· Media University, ISB (2007) etc.
· University of Education, Lahore (2002)
· Lasbella University of Marine Sciences, Baluchistan (2005)
· Baluchistan University of IT & Management, Quetta (2002), etc.

Pakistan now has a total of 245,682 Educational institutions in all categories, including 164,579 (i.e. 67 percent) in the Public sector and 81,103 (i.e. 100 percent) in the private sector, reports the National Education Census (NEC-2005). The census -- jointly conducted by the Ministry of Education, the Academy of Educational Planning and Management (AEPAM) and the Federal Bureau of Statistics (FBS) -- reveals that the number of private-sector institutions has increased from 36,096 in 1999-2000 to 81,103 in 2005, i.e. by 100 per cent.

Total 99,319 Educational Institutions (Public & Private) have increased in Musharraf Era!

end of email

G

CREDIT CARD CO. :CRIMINALS helping terrorism

Image by guano via Flickr

The Washington Post says federal regulators plan to announce new rules for the credit card industry.

FED REGULATORS ARE IN CREDIT CARD INDUSTRY'S POCKET.

THEY ARE TRYING TO USE BAND AIDS TO FIX ECONOMIC BEHEADINGS.

THE CREDIT CARD INDUSTRY IS A THREAT TO THE GWOT,

ID THEFT IS EPIDEMIC AND THE CREDIT CARD COMPANYS ARE MAKING MONEY OFF

THE CRIME, CHARGES, FEES, INTEREST , AND CHARGES.

THE CREDIT CARD COMPANIES HAVE INCORPORATED IN STATES WITH OUT ANY CONSUMER FRAUD LAWS.

AND TERRORIST ARE FINANCING THE WAR WITH ID THEFT PROCEEDS.

AND THEMSELVES ARE ENGAGING IN CRIMINAL ENTERPRISE WITH USURY CREDIT CARD CHARGES, SOME AS HIGH AS 97%.

THE CREDIT CARD COMPANYS ARE THE NEW MAFIA. g

"The proposed regulations, which could be finalized by year's end, would label as "unfair or deceptive" practices that consumers have long complained about," the paper says. "That includes charging interest on debt that has been repaid and assessing late fees when consumers are not given a reasonable amount of time to make a payment. When different interest rates apply to different balances on one card, companies would be prohibited from applying a payment first to the balance with the lowest rate."

MORE:

Feds seek to curb 'unfair, deceptive' charges for credit cards, overdrafts

Federal regulators are moving ahead with new rules to stop "unfair and deceptive" practices involving credit cards and bank overdraft fees.

The Federal Reserve approved the changes today, a day after the Office of Thrift Supervision and the National Credit Union Administration signed off. As USA TODAY's Kathy Chu explains, the proposal would:

• Bar issuers from raising interest rates on existing debt, except under certain conditions, such as when a promotional rate expires or when a borrower pays 30 days or more late.
• Prohibit issuers from calculating one month of finance charges based on two months' worth of activity, a punitive practice called double-cycle billing.
• Require card issuers to apply monthly payments that exceed the required minimum at least partly to higher-rate card debt. Borrowers often face varying interest rates on credit card debt, for cash advances, balances transferred and purchases.
• Prevent financial institutions from charging checking-account customers a fee for paying an overdraft — unless the customer has had the chance to opt out of this payment.

Read the announcement and the full proposal (pdf) issued yesterday by the Office of Thrift Supervision.

The public will have 75 days to comment, and the regulators expect the rule to be final by the end of the year.

No immediate comment from the American Bankers Association, though ferocious opposition is likely to come.

Here's more from the Wall Street Journal, The New York Times, Washington Post, CNNMoney and the Associated Press.

Keep reading for more specifics.

Read more...

Posted by Michael Winter at 07:17 PM/ET, May 02, 2008 in Money | Permalink | Comments (0)
BUT ALOW 97% INTEREST CHARGES, REGULATORS ARE SHILLS FOR THE American Bankers Association,

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