martes, 5 de julio de 2011

EXPLANATION OF THE OBJECTIVES

The objective of this BLOG is to put my opinions, plus others people`s Articles or opinions, over USA, Europe, the Jews, politics and economics, strategy, war, religion, high technology, medicine, and more. That I think are interesting, because could affect the life of many people living in our World.

The 4 of July 2011 USA fulfilled 235 years and my father if he were alive would have 109 years.

USA has been the best example of economic success that can produce free Enterprise.

Europe has been the cradle of the Occidental Civilization since more than 2500 years. and

The Jews have been the guides of our World through the Bible and because they are a united minority, with a strong influence in our lives for their love for the knowledge and disgracefully also for the Golden calf.

Unfortunately, I am lazy, lazy, and lazy and I do not have talent as a writer and for learn languages, I think, I only have some talent to audit the balance sheets of companies or the moral and economic behaviour of the governments of some countries.

I would like with all my heart, find partners that share the ideals of working for a fairest world for everybody, because together we can be more prolific.

THE COST TO TAKE OVER A GOVERNMENT

It is incredible low, making it the best investment today to powerful and corrupted “Billionaires”, Who helping to choose the officials- Presidents, Governors, Parliamentarians, etc., of a Country can control, in this way, the Government Spending, the Laws, the Monopolies, etc. of it, obtaining more profits than in any company in the World. There is no other business where you can get so much for so little.

For example in USA, in my opinion, maybe with US$ 1,5 Billions, they can with 90% of probability, choose a President, plus parliamentarians and the State governors etc.., that will permit to control a US$ 13 Trillion Budget in their period, plus a GDP of more than US$50 Trillion in the 4 years, in this way, they can influence many decisions that will affect the life of at least 50% of the world populations.

Sometimes, these “Billionaires” take the Governments for themselves, as Berlusconi in Italy, Piñera in Chili, Thaksin in Thailand, etc…

Other fictional example, it is the excellent book “Being There” of Jerzy Kosinski of 1971, and the great interpretation of Peter Sellers in the movie of 1979.

lunes, 4 de julio de 2011

The global ECONOMY'S corporate crime wave

http://www.project-syndicate.org/commentary/sachs177/English

EXCERPTS

NEW YORK – The world is drowning in corporate fraud, and the problems are probably greatest in rich countries – those with supposedly “good governance.” Poor-country governments probably accept more bribes and commit more offenses, but it is rich countries that host the global companies that carry out the largest offenses. Money talks, and it is corrupting politics and markets all over the world.

Every Wall Street firm has paid significant fines during the past decade for phony accounting, insider trading, securities fraud, Ponzi schemes, or outright embezzlement by CEOs.

The fines are always a tiny fraction of the ill-gotten gains, implying to Wall Street that corrupt practices have a solid rate of return. Even today, the banking lobby runs roughshod over regulators and politicians.

Jeffrey Sachs Last Modified: 05 May 2011 07:04

OSCAR 2011: Inside Job banks best documentary award

http://www.guardian.co.uk/film/2011/feb/28/inside-job-best-documentary-oscar

Charles Ferguson's documentary about the origins of the financial crash comes out on top in Oscar race.

Inside Job, a searing assault on the banking industry and its role in the financial meltdown of 2008, has won the ultimate accolade from the film world: the Oscar for best documentary.

Study: US WAR SPENDING could top $4 trillion

http://english.aljazeera.net/news/americas/2011/06/2011629145430649752.html

Research by Brown University finds higher-than-expected long-term costs for Washington's wars in Iraq and Afghanistan.

Last Modified: 29 Jun 2011 16:39

EXCERPTS

US spending on the wars in Iraq and Afghanistan has already cost at least $3.2 trillion, and could reach as high as $4.4 trillion, far higher than previous estimates, according to a new study released by Brown University.

In 2008, Linda Bilmes and Joseph Stiglitz published a book called The Three Trillion Dollar War which included deficit spending and medical care in the overall cost.

Human cost

Casualty figures are well-documented: 6,051 US soldiers have been killed, along with roughly 2,300 contractors and 18,000 members of the Iraqi and Afghan security forces.

Civilians have suffered far more, with at least 137,000 of them killed since 2001 - a figure the report says is almost certainly an underestimate.

MY commentary, to this article To this cost, you must add, at least the cost for the consumers in USA, of the increases in the Price of the Commodities. Only in oil, they pay at least US$40 more for barrel. That MEAN, 2 Trillion of Dollars, half for the producers in USA and half for SAUDI ARABIA, from where 15 inhabitants participate in the September 11, 2001, attack. What irony¡¡¡

Submitted Successfully

WALL Street Complicity in the MADOFF Ponzi Scheme

http://www.nytimes.com/2011/02/16/business/madoff-prison-interview.html?pagewanted=1&_r=2&hp

From Prison, Madoff Says Banks ‘Had to Know’ of Fraud

By DIANA B. HENRIQUES

Published: February 15, 2011

BUTNER, N.C. — Bernard L. Madoff said he never thought the collapse of his Ponzi scheme would cause the sort of destruction that has befallen his family.

Excerpts:

...he asserted that unidentified banks and hedge funds were somehow “complicit” in his elaborate fraud, an about-face from earlier claims that he was the only person involved.

He spoke with great intensity and fluency about his dealings with various banks and hedge funds, pointing to their “willful blindness” and their failure to examine discrepancies between his regulatory filings and other information available to them.

“They had to know,” Mr. Madoff said. “But the attitude was sort of, ‘If you’re doing something wrong, we don’t want to know.’ ”

http://www.globalresearch.ca/index.php?context=va&aid=23304

by Danny Schechter

Excerpts:

“I actually, sort of, feel sorry for this man. He was just doing what many investment firms were doing at the same time. He has been imprisoned as a scapegoat- yet many people since then and to this day are doing the same thing. Where are the indictments against the thousands of other people who did the same thing, and knowingly led this country into financial disaster?

The Times report added, “He spoke with great intensity and fluency about his dealings with various banks and hedge funds, pointing to their “willful blindness” and their failure to examine discrepancies between his regulatory filings and other information available to them.

The New York Times reported, “Representative Stephen Lynch, Democrat of Massachusetts, warned: “You think regulation is costly? How about the $7 trillion we just lost from not regulating the derivatives markets?”

The other day, economist Jeff Sachs, who has a lot of atoning to do for his own misguided/destructive economic advice to Russia after the fall of the Soviet Union, warned that little is being done about economic inequity and the growing ranks of the poor in the United States.

Ben BERNANKE

http://en.wikipedia.org/wiki/Ben_Bernanke BIO.

FED UP!: A Post about Ben Bernanke, Senator Bernie Sanders, and the Bailout…with a Song Parody

Who Got Secret Fed Bailouts?

The Big Winners

Goldman Sachs received nearly $600 billion

Morgan Stanley received nearly $2 trillion

Citigroup received $1.8 trillion

Bear Stearns received nearly $1 trillion

Merrill Lynch received some $1.5 trillion

Deutsche Bank, a German lender, sold the Fed more than $290 billion worth of mortgage securities

Credit Suisse, a Swiss bank, sold the Fed more than $287 billion in mortgage bonds

Also receiving secret Fed bailouts

• General Electric
• McDonald’s
• Caterpillar
• Harley Davidson
• Toyota
• Verizon

Release: Sanders Statement on New Federal Reserve Lending Disclosures (March 31, 2011)

http://sanders.senate.gov/newsroom/news/?id=5c67da69-6e3c-480b-84d6-536632aa8041

Release: Sanders Statement on New Federal Reserve Lending Disclosures (March 31, 2011)

WASHINGTON, March 31 – Under court order, the Federal Reserve today identified more banks that took loans during the financial crisis using a once-secret system that Sen. Bernie Sanders (I-Vt.) called “welfare for the rich and powerful.”

A Sanders provision in the Wall Street reform law already had forced the Fed last Dec. 1 to name banks that took trillions of dollars in emergency loans during the crisis.

“The Federal Reserve bailout was welfare for the rich and powerful and you-are-on-your-own rugged individualism for everyone else,” Sanders said. “The information released by the Fed today should never have been kept secret. This money does not belong to the Federal Reserve; it belongs to the American people. I applaud Bloomberg News, Fox News and others for their success in lifting another veil of secrecy at the Fed.”

Sanders said the latest disclosure raises questions about conflicts of interest. While Jamie Dimon, the CEO of JPMorgan Chase, served on the board of directors of the New York Fed, in one month alone, April of 2008, JPMorgan Chase received a combined $313 billion in Fed loans directly benefitting JP Morgan Chase and other financial institutions.

“This is an obvious conflict of interest on its face that must be investigated as part of the independent audit that my amendment requires to be completed this summer. When JPMorgan Chase was telling the world about their great financial success, it seems like they were using the Fed’s discount window as a giant piggy bank.”

Sanders’ provision in the Wall Street reform bill required the central bank to disclose which financial institutions, corporations, and foreign central banks took more than $3 trillion in what were secret loans.

His amendment also directed the Government Accountability Office to conduct the first top-to-bottom audit of the Federal Reserve. The findings of that investigation by the non-partisan research arm of Congress are due to be made public this July.

http://www.youtube.com/watch?v=A4kxTkhwR_Q&feature=related

Ron Paul 0wnz the Federal Reserve

http://www.nowtheendbegins.com/blog/?p=3826

Scandal! Bernanke Gave Borrowed Chinese Stimulus Money To Foreign Banks

Ben Bernanke and the Fed are corrupt

The American people are going to be outraged when they understand what has been going on,” U.S. Representative Ron Paul, a Texas Republican who is chairman of the House subcommittee that oversees the Fed, said in a Bloomberg Television interview.

http://seekingalpha.com/article/251375-derivatives-the-real-reason-bernanke-funnels-trillions-into-wall-street-banks

Put another way, Bank of America (BAC), JP Morgan (JPM), Goldman (GS), and Citibank (C) would CEASE to exist.

http://seekingalpha.com/article/278426-the-fed-s-end-game-and-what-it-means-for-the-markets

EXCERPTS

So on the surface of it, the Fed’s money spending appears to have accomplished something positive: it spent $4 trillion and the markets rallied bringing household net worth up 17% from its low in 2009.

However, when you dig deeper into the specific results of the Fed’s actions it becomes clear that not only is the Fed creating a giant Ponzi scheme in the financial markets, but that we’re getting close to a breaking point.

BIBLE AND DEBT

http://bible.cc/proverbs/22-7.htm

The rich rules over the poor, And the borrower becomes the lender's slave.

Yes, the guidance is clear in scripture. The Money Map participant manual clearly paints the picture of this Biblical guidance by providing different Biblical translations of Romans 13:8.

Owe no man any thing (KJV). Let no debt remain outstanding (NIV). Pay all your debts (TLB). Owe nothing to anyone (NASB). Keep out of debt and own no man anything (Amplified).

Debt is slavery

If you’ve ever acquired any amount of debt, whether it was a car loan, or credit card balance you couldn’t pay off at the end of the month, you may have felt the burden. This burden stems from owing money to someone else. That payment is due each month whether you can pay it or not.

The Bible clearly tells us we are slaves to the lender when in debt. That burden is the slavery of being obligated or in debt to another person.

http://www.youtube.com/watch?v=H7xXvH_gwc4&feature=related

Debt - The real Danger to economy

This is also valid to COUNTRIES.

Why USA is in debt?, for protecting the Bankers, the speculators, going into irrational wars, its alliance with Israel, etc.etc…