Screw the Banks and Investment Firms

[Ugly Dougly]

http://www.csmonitor.com/Business/2013/ ... government
Bastards.

[cowboyangel]

Good to see this thread still vibrating. Here's binary for "fuck AIG"

01100110 01110101 01100011 01101011 00100000 01000001 01001001 01000111 00001010 00001010

[Ugly Dougly]

About time somebody did that! It's sure do drive them to their knees.

[ygmir]

I thought Barry was going to save us all?

[Ugly Dougly]

John Frum give us cargo. Amen.

[edbrez]

If only we could survive on grass alone....

[Ugly Dougly]

http://www.upworthy.com/elizabeth-warre ... ch-of-bank

[media]

[edbrez]

[media]

Change the system....
Use your votes and change the system

[Box Burner]

just saw this:

Capitalism: A Love Story

it's quite good.

[FIGJAM]

They're printing $85,000,000,000 a month!

Sounds more like an addiction.

[cowboyangel]

http://www.zerohedge.com/news/2013-05-27/40-frightening-facts-fall-us-economy

here's just a few:
#7 According to the World Bank, U.S. GDP accounted for 31.8 percent of all global economic activity in 2001. That number dropped to 21.6 percent in 2011.

#8 The United States has fallen in the global economic competitiveness rankings compiled by the World Economic Forum for four years in a row.

#9 According to The Economist, the United States was the best place in the world to be born into back in 1988. Today, the United States is only tied for 16th place.

#10 Incredibly, more than 56,000 manufacturing facilities in the United States have been permanently shut down since 2001.

#11 There are less Americans working in manufacturing today than there was in 1950 even though the population of the country has more than doubled since then.

#12 According to the New York Times, there are now approximately 70,000 abandoned buildings in Detroit.

#13 When NAFTA was pushed through Congress in 1993, the United States had a trade surplus with Mexico of 1.6 billion dollars. By 2010, we had a trade deficit with Mexico of 61.6 billion dollars.

#14 Back in 1985, our trade deficit with China was approximately 6 million dollars (million with a little "m") for the entire year. In 2012, our trade deficit with China was 315 billion dollars. That was the largest trade deficit that one nation has had with another nation in the history of the world.

#15 Overall, the United States has run a trade deficit of more than 8 trillion dollars with the rest of the world since 1975.

#16 According to the Economic Policy Institute, the United States is losing half a million jobs to China every single year.

#17 Back in 1950, more than 80 percent of all men in the United States had jobs. Today, less than 65 percent of all men in the United States have jobs.

#18 At this point, an astounding 53 percent of all American workers make less than $30,000 a year.

#19 Small business is rapidly dying in America. At this point, only about 7 percent of all non-farm workers in the United States are self-employed. That is an all-time record low.

#20 Back in 1983, the bottom 95 percent of all income earners in the United States had 62 cents of debt for every dollar that they earned. By 2007, that figure had soared to $1.48.

#21 In the United States today, the wealthiest one percent of all Americans have a greater net worth than the bottom 90 percent combined.

[lemur]

They're printing $85,000,000,000 a month!

Sounds more like an addiction.

How much money does the Fed destroy? In 2010, its cash offices destroyed 5.95 billion notes. In 2009, that number was even larger at 6.05 billion notes. A large proportion of those notes were $1 and $20 bills, which are the workhorses of the American economy. In 2010, 2.6 billion $1 bills were destroyed.

http://www.theatlantic.com/business/arc ... ow/236990/

[lemur]

2.6 billion / 12 months = 216,666,666 burned to a crisp dollar bills per month.


they are barely keeping up in printing, with how much they are burning.


i guess that addiction aint so bad after all.

[lemur]

oh .. thats a B.. not an M, whatever.


i dont have a horse in that race anyways, the govt is fucked whether they are proven as idiots for 'printing money' or not!

[171/348]

All that time I spend Where's George stamping and those bastids just go and burn it.

[FIGJAM]

XXXI—HOW TO UNDERSTAND INTERNATIONAL FINANCE


It is high time that someone came out with a clear statement of the international financial situation. For weeks and weeks officials have been rushing about holding conferences and councils and having their pictures taken going up and down the steps of buildings. Then, after each conference, the newspapers have printed a lot of figures showing the latest returns on how much Germany owes the bank. And none of it means anything.

Now there is a certain principle which has to be followed in all financial discussions involving sums over one hundred dollars. There is probably not more than one hundred dollars in actual cash in circulation today. That is, if you were to call in all the bills and silver and gold in the country at noon tomorrow and pile them up on the table, you would find that you had just about one hundred dollars, with perhaps several Canadian pennies and a few peppermint life-savers. All the rest of the money you hear about doesn't exist. It is conversation-money. When you hear of a transaction involving $50,000,000 it means that one firm wrote "50,000,000" on a piece of paper and gave it to another firm, and the other firm took it home and said "Look, Momma, I got $50,000,000!" But when Momma asked for a dollar and a quarter out of it to pay the man who washed the windows, the answer probably was that the firm hadn't got more than seventy cents in cash.

This is the principle of finance. So long as you can pronounce any number above a thousand, you have got that much money. You can't work this scheme with the shoe-store man or the restaurant-owner, but it goes big on Wall St. or in international financial circles.

This much understood, we see that when the Allies demand 132,000,000,000 gold marks from Germany they know very well that nobody in Germany has ever seen 132,000,000,000 gold marks and never will. A more surprised and disappointed lot of boys you couldn't ask to see than the Supreme Financial Council would be if Germany were actually to send them a money-order for the full amount demanded.

What they mean is that, taken all in all, Germany owes the world 132,000,000,000 gold marks plus carfare. This includes everything, breakage, meals sent to room, good will, everything. Now, it is understood that if they really meant this, Germany couldn't even draw cards; so the principle on which the thing is figured out is as follows: (Watch this closely; there is a trick in it).

You put down a lot of figures, like this. Any figures will do, so long as you can't read them quickly:

132,000,000,000 gold marks

$33,000,000,000 on a current value basis

$21,000,000,000 on reparation account plus 12-1/2% yearly tax on German exports

11,000,000,000 gold fish

$1.35 amusement tax

866,000 miles. Diameter of the sun

2,000,000,000

27,000,000,000

31,000,000,000

Then you add them together and subtract the number you first thought of. This leaves 11. And the card you hold in your hand is the seven of diamonds. Am I right?
--------------------------------------------------------------------------------

[Box Burner]

now wait a minute! lemme see them other cards. somethin' smells fishy about all this hig financial stuff.

'N roll up yer sleeves too!

[FIGJAM]

It was written in 1922!