http://www.youtube.com/watch?v=stagNUSgN3U This one is entitled Debtmocracy for Greece.For a more laughs see http://deekjackson.com/ Too some,Deek is a bit obscene,but what could be more obscene than sending young men to die for the profit of old elitist war mongerers

So ...... it's all the banks fault, Arjay ? Particularly the German banks ? They lend huge amounts to the Greek Treasury for years, and have no hope of getting back more than a few cents on the Euro, and somehow they are winners ? Devious b@stards !

Meanwhile the 'borrowed' funds have been spent on what ? easy pensions ? salaries for work-less bureaucrats ? to make up for the income tax foregone ? to build more swimming-pools for tax-avoiders ? And the Greeks want more of it, to keep them in the style of life to which they have become accustomed ?

But it's all somebody else's fault, in this case, foreign banks. Okay.

Do you think they will ever do that again ?

the majority of new loans...
is only paying income..to those propping up the industry bailout

the banks...lend
to bailout other bankers

one third of the usa tax take
goes into intrest repayments alone

so greece got bailed out..[to pay off another loan
that went directly to in the main german/french bankers

so the germans govt issues a intrest bearing bond
from the bank..to repay previous loans from the bank
increasing its own debt burden..[well over one trillion]
increasing its own debt burdens..to the same banks

its to clever by half
but in the end ..ya intrest increases
till even you..the big fish...will surely fall

we see these things develop..
tax cut..bailouts fo..the too big to fails
as the rich get richer..and the poor pay off their debt's

http://www.blacklistednews.com/Shocking_Charts_And_Statistics_That_Prove_That_America_Is_No_Longer_A_Wealthy_Nation/16922/0/38/38/Y/M.html

loudmouth the banks create this money with the click of a computer mouse.It is not their micky mouse money.Money created from nothing represents the toil of the people.The banks are stealing by creating inflation (ie counterfeiting) and giving it back as debt.It is theft 3 times.

Political Satire.....now one must be very careful:)..cause we wouldn't want anyone outside of Parliament giving better idea's than them:)....perish the thought:).....hey! You just might fit the job....you never know,,,,,.You just might be what the world is looking for?

I say, if you have the cods, go for it, or have a little fun when they make a meal of it...lol...its only Australian you know.

All the best to your families.

CACTUS

Arjay, ....... um ........ how can I put this ? The banks do not control the Mint. They don't print money. The banks lend out what is deposited (less some statutory minimum required deposit) and lend it out again when it is deposited again, yes - that's called the credit multiplier. But they do not create money that isn't already there, or in circulation. Sure, if you can push that statutory minimum down, you can kick up the multiplier, and put more funds into circulation that way, but that's not creating money.

After all, if people deposit funds at a bank, would you expect it to simply sit on them, to throw them in the air like like Scrooge McDuck ? Or lend it back out, for home loans, or whatever ? Which might get re-deposited with another bank, to be lent out, etc. That's what banking is supposed to be about, lending out a large fraction of deposits, and around and around it goes.

Can it go all pear-shaped ? Certainly. But how would banks come out winners in that situation ? Or am I just too old-fashioned and naive ?

bankers can today be exposed as a ­huge drain on society...
­costing the rest of us £8.40 for every £1 they produce.

"" A study by think-tank the New Economics Foundation found the average banker destroys ­£42million a year in value while creating just £5million.

Meanwhile hospital cleaners on £6.26 an hour are worth £10 for every £1 they cost because they prevent superbugs, saving the economy a fortune.

The shock figures fly in the face of claims that bankers like Barclays boss Bob Diamond – paid £4.4million in 2010/11 – are worth vast ­bonuses because of their ­contribution to the economy.

Their drain on the country is caused by the cost of bailing out banks brought to their knees by the credit crunch and the ­devastating impact of the ­crisis their recklessness caused.

NEF found that tax ­accountants
who help the rich cut their bill were even worse value, ­costing us £47 for every £1 they create.

leaving us with a massive public debt.”

Read more: http://www.mirror.co.uk/news/top-stories/2011/12/11/bankers-cost-each-one-of-us-8-40-for-every-1-they-produce-study-shows-115875-23626708/#ixzz1gMEqe1pP



http://www.youtube.com/watch?v=eforYw3mdL0&feature=youtu.be

geitner confirming..govts role in money!

[what happend to sepperationm of powers?]

let capitalists run capitalism

not capitalistic communism...
where govt bails out bankers.
.[by borrowing AT INTREST..from banks...lol

the fiat currency is on its way out
japan..[who holds little actual gold
is promising to underwrite... their bonds..*with gold..[half ounce]

this means..89,000 yen instead of 15,000 yen
see the future?

uk has 1000% gdp..
[according to morgan stanley]
more to catch up on
http://www.facebook.com/KeiserReport

You do make it tough for people to disagree with you sometimes, Arjay.

"http://www.youtube.com/watchv=1OjbDesavyU We're sorry, the page you requested cannot be found. Try searching for something else."

Typical. I suspect that trying to get anything at all meaningful from you would invariably result in a 404 Not Found error message.

And, while I'm here, I posted a response to one under god's little coup de theâtre on another thread.

>>"A study by think-tank the New Economics Foundation found the average banker destroys ­£42million a year in value while creating just £5million."<<

Probably worth repeating here.

http://forum.onlineopinion.com.au/thread.asp?discussion=4834#130139

"It's all designed, quite clearly, to appeal to anyone who is happy to accept at face value anything that they are too lazy, or simply disinclined, to examine for themselves."

By the way, no need to fix that 404 Not Found, Arjay. I somehow doubt it added to the sum total of human knowledge.

Pericles I pressed post instead of preview.Just google Deek Jackson's greatest rips.There are plenty of laughs and insights there.