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So there was this banker……

By Mike Cunningham On June 24th, 2014 at 1:42 pm

A short time back, some clown within the so-called European Justice (which itself is a bit of a strange idea) system decided that this Spanish bloke should be able to have his past deleted from the Internet, or at least to have Google remove the links which identified this spanish bloke as someone who had his home repossessed.

Now whether you accept that this bunch of european judges have the right to issue stuff like this or not, practicality states that they do.

So in the interests of remembrance, and of all the clowns who hope that we shall forget what they did; I present :-

afredFred the Shred, the man who lost £24 billion whilst he was “running” Royal Bank of Scotland, just another lying, thieving scumbag who just wants to be forgotten.

 

ANGLO IRISH BANKERS “TRICKED” GOVERNMENT INTO BAILOUT

By Pete Moore On June 24th, 2013 at 9:12 pm

Anglo-Irish-Bank-LogoThe Irish people were looted of tens of billions to bail out Anglo Irish bank, and it was done on the basis of lies and trickery. The Irish Independent newspaper has published secret recordings from 2008, which reveal two senior Anglo Irish executives – John Bowe, then head of capital markets, and Peter Fitzgerald, the former head of retail banking – spilling the beans.

In essence, John Bowe knew that the 7bn euros asked for in a bailout was nowhere near enough, and that the real bailout required was much higher. At the time, the 7bn requested was, he said, a figure “picked out of my arse”. The strategy was to play the government for total suckers, lure it and central bank in, to ensure “they had skin in the game”, so that when the full extent of the black hole was revealed the bailouts had to continue. It worked and the Irish people were looted of 30bn euros.

How could it be that billions of taxpayers money was commited without thorough and rigorous audits? Well this is how government spends money all the time. Yet again, Milton Friedman is proven right in that spending other people’s money on somebody else (which is all government spending) is the worst possible way of handling money. Those doing the spending have no care for the money or for what it buys.

THERE WILL BE NO ESCAPE

By Pete Moore On June 4th, 2013 at 6:28 pm

Banksters everywhere

The Telegraph: Andorra bows to EU pressure to introduce income tax

Beautiful Andorra has been bullied by the international bankster cartel into looting an income tax from the people for the first time. This on top of recent introductions of a corporate tax and VAT for the first time. What’s more, a bill will be introduced into parliament intended to “progressively bring its tax system in line with international standards”.

I’ve been to Andorra. It’s a stunning, beautiful place with roads and buildings and food and all those things which the propaganda says will disappear unless we’re massively looted. The Telegraph passes this off by saying it “has relied on banking secrecy, tourism and duty-free trade to become a financial and commercial succes”. So privacy, welcoming visitors and free trade are sufficient.

What comes next, when the looting is “in line with international standards” is inevitable: debts secured against the future sweat of Andorrans, to be paid back by these newly levied taxes. What today is a beautiful, civilised and wealthy place – the kind of place anywhere can be – will become another heavily indebted and crushed regulatory state. There’s no escape. Other “tax havens” (i.e. anywhere currently beyond the reach of the banksters) are marked for assimiliation. You will be denied liberty, everywhere.

WE’VE JUST BEEN WARNED TO HIDE OUR WALLETS

By Pete Moore On May 21st, 2013 at 9:17 pm

The Telegraph: Europe faces lost decade, says Mark Carney

Mark Carney, the incoming Bank of England Governor, has warned that Europe could face a decade of stagnation unless it takes the kind of bold measures seen in Japan.

In words that will underline his status as a monetary activist and fuel speculation that he will try to relaunch quantitative easing (QE) when he arrives in the UK, Mr Carney applauded Japan’s “bold policy experiment” to boost dramatically its own QE programme.

What he means, I think, is that to avoid a “lost decade”, Europe must copy the madness which extended the Great Depression from 1929 to 1945, and which in Japan has ensured two lost decades.

Mind how you go people. It sounds like the central banksters are about to go completely mental.

TAKE YOUR MONEY OUT EUROZONE BANKS NOW

By Pete Moore On March 25th, 2013 at 4:13 pm

This was so obvious any idiot could have seen it coming.

Bank accounts in Greece, Spain and Portugal could be raided as part of efforts to shore up the Euro, a senior Eurozone figure has suggested.

Jeroen Dijsselbloem, Dutch Finance Minister, who heads the Eurogroup of eurozone finance ministers, suggested that today’s deal to save Cyprus could be a template for future eurozone rescue packages.

Don’t relax if you’re not in Greece, Spain or Portugal. It could happen anywhere. The only way to protect your savings anywhere in the eurozone is to take physical control of them, which you do not have with a bank account. Take your money out of the banking system immediately. Think about safekeeping later. Just take control now.

LEW ROCKWELL: IT’S BETTER TO KEEP YOUR CASH IN A MATTRESS

By Pete Moore On March 21st, 2013 at 2:41 pm

Cypriots should become Austrian. The banks were supposed to open today, but now the’re scheduled to open on Tuesday. The obvious question is: which Tuesday? In the meantime the government/banking nexus continues to thieve depositor’s money. As usual, Lew Rockwell, Chairman of the Ludwig von Mises Institute, cuts to the quick –

NEW BOE CHIEF ON A TIDY EARNER

By Pete Moore On December 19th, 2012 at 4:38 pm

Mark Carney will do alright when he becomes the Bank of England’s Chief Executive. The total value of the gig will be £874,000 pa, including a £250,000 housing allowance. Nice to know the chairman of the Monetary Policy Committee will be suffering like the rest of us.

NOW THEY’RE TOO BIG TO JAIL

By Pete Moore On December 14th, 2012 at 11:28 am

Andrew Bailey of the Bank of England will next year become Chief Executive of the Prudential Regulation Authority, successor to the FSA. Don’t laugh, it’s all about keeping up appearances. So what does he think of bankster criminals?:

The largest banks have become too big to prosecute because of the impact criminal charges would have on confidence in them, Britain’s most senior bank regulator has admitted […] “Because of the confidence issue with banks, a major criminal indictment, which we haven’t seen and I’m not saying we are going to see… this is not an ordinary criminal indictment,” he said.

Apparently they can’t bust the special interests, the big boys, the bankster cartels because we’d lose confidence in them if they did.

Do you see how it works yet?

THE BANKOCRACY TIGHTENS ITS GRIP

By Pete Moore On November 26th, 2012 at 4:53 pm

The Bank of England has a new boss. Mark Carney, the Governor of the Bank of Canada, will take over when Mervyn King rides off with his solid gold, index-linked pension. Chancellor George Osborne reckons he’ll bring “a fresh perspective” to the role.

Let’s see what this “fresh perspective” looks like: Harvard – check; Goldman Sachs – check; The Bank for International Settlements – check; The Financial Stability Board – check; a Bilderberger – check.

Some “fresh perspective” that is. Carney’s just another One World, inflating, central bankster, parachuted in to take care of business for his crony bankster pals.

UPDATE: See also, Zero Hedge: Goldman’s Global Domination Is Now Complete As Its Mark Carney Takes Over Bank Of England

BUMPER PAY POTS AT GOLDMAN SACHS

By Pete Moore On October 16th, 2012 at 9:29 pm

It pays to be a crony capitalist bankster.

Lose money? Get the government to rob everyone for you. Want to make maximum money? Be the first snout in the trough when the Fed fills it with newly printed $$$$$.

While everyone else is shopping for the the “own brand” labels, Goldman Sachs has doubled revenues, raised dividends and bigger bonuses are in the offing.