http://moneyredeemer.webs.com/index.html Freewebs http://moneyredeemer.webs.com/index.html?blogentryid=4329421 Apparently we all have to work much harder, and do with less...

http://news.bbc.co.uk/1/hi/business/7754768.stm

Do I smell a whiff of hypocrisy, coming from yon banker? Yes, I think I do.

This credit crisis, now recession was caused by bankers. Caused by fractional reserve lending to which Mr. Rothchild's entire family can trace their considerable wealth.

Credit crises or recessions are a mathematical certainty under our existing financial system. They can only be postponed, (and made correspondingly larger) through the manipulation of interest rates.

Here's a question. Why should bankers receive trillions in bailouts from the taxpayer? Why should abject failure be so richly rewarded?

Only one reason. Banks, bankers, financiers hold our society to ransom. They lend freely, creating money, increasing inflation, blowing up bubbles and when no more can be lent, they collapse the bubble. As the bubble collapses, the pick up assets for fractions of their value.

Think about it for a second. Money is man made. Inflation and deflation are man made. The credit crisis is man made...

 
]]> http://moneyredeemer.webs.com/index.html?blogentryid=4329421#topBox http://moneyredeemer.webs.com/index.html?blogentryid=4329421 Mon, 01 Dec 2008 19:40:00 -0100 http://moneyredeemer.webs.com/index.html?blogentryid=4298493 300 billion dollars. Over and above the 700 billion already pledged to the banks and the NEW 800 billion dollars just announced...

http://news.yahoo.com/s/nm/20081124/bs_nm/us_citigroup

and

http://news.bbc.co.uk/1/hi/business/7748362.stm

Isn't that nice of the government. It must be "Save a Banker Day". The poor things. 1.8 trillion should just about tide them over for a wee while.

Yes, that is 1 800 000 000 000 dollars we are talking about.

The estimated cost for eliminating world poverty...

80 billion dollars.

http://www.un.org/rights/poverty/poverty1.htm

Is it just me or is there something very wrong with our politicians?
]]> http://moneyredeemer.webs.com/index.html?blogentryid=4298493#topBox http://moneyredeemer.webs.com/index.html?blogentryid=4298493 Tue, 25 Nov 2008 17:08:00 -0100 http://moneyredeemer.webs.com/index.html?blogentryid=4287487 strong tax cutting in order to boost the economy. Now, the nature of the credit crunch is such that less money is being created by loans than is being destroyed by debt. So cutting taxation isn't going to have any effect... Unless they are going to increase both spending and borrowing. How is that for a laugh. They are planning to solve a problem caused by excess credit by increasing credit. Hey, lets not solve the problem then, lets just pump this sucker back up.
]]> http://moneyredeemer.webs.com/index.html?blogentryid=4287487#topBox http://moneyredeemer.webs.com/index.html?blogentryid=4287487 Sun, 23 Nov 2008 14:20:00 -0100