Archive for the ‘The Money System’ Category

The Great PayPal Fraud

Thursday, May 10th, 2007

Users of PayPal as a payment system beware. The system is flawed and open to fraud.

Whilst being hailed as a great alternative payment system for internet transactions, PayPal also suffer greatly from fraudulent activities perpetrated by individuals who know how to work the system. (more…)

Stock Market Corruption Exposed

Tuesday, April 26th, 2005

Fifteen NYSE Traders Indicted

Investors Were Cheated, U.S. Says

Fifteen current and former traders at the New York Stock Exchange were criminally charged yesterday with cheating investors out of the best prices for their stock trades in what could be unparalleled abuse of their position at the world’s largest and most prestigious stock market.

The exchange also faces disciplinary action for failing to adequately police its sprawling floor, where 1,366 traders handle an average of 1.6 billion shares a day. The traders are accused of getting in between orders to buy and sell, taking for themselves the best prices and depriving investors who ordered the trades of at least $32.5 million.
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They are watching what we buy.

Tuesday, January 18th, 2005

It’s been reported today that Internet payment systems like PayPal etc are facing new legislation in Australia supposedly designed to stop terrorists and criminals laundering money.
This whole terrosrist thing is now out of hand, and I’m convinced it was all started as a means of ‘getting closer’ to the common man. A way of governments being able to keep track of everything we do, without them having to face all the usual committees, checks and balances that would need to happen before we are bludgeoned with more life restrictions.

So now, they are going to try to make every internet transaction reportable, … they truly do know everything we do and when and how and why and who with..

There’s always been terrorists, even way back in the dark ages… it will never be stopped… so the next best thing is for governments to monitor everything that happens to you… hmmm.. sound familiar….
I thought communist society was dead.

Full story here

Waves of Change

Saturday, January 8th, 2005

Interesting Article from NY Times provokes thought..

CIVILIZATION exists by geologic consent, subject to change without notice,” wrote the historian Will Durant. The tsunami that struck Asia last month, caused by an earthquake off the coast of Indonesia, is a reminder of the validity of Durant’s thesis; so far it has left some 140,000 people dead.

Throughout human history, earthquakes have set in motion great economic changes and political revolutions. Last month’s tsunami was devastating in its toll on human life, but its economic and political effects may be more modest.
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JAPAN : The Yakuza Recession

Tuesday, January 4th, 2005

It is well known that a bad-debt crisis is primarily responsible for keeping Japan in recession. Now, investigations reveal the astonishing role of organized crime in prolonging that crisis

SOMETIME DURING Japan’s annual cherry-blossom festival April 2001, one of Tokyo’s top private economists held a meeting that would reverberate across the Pacific and trigger alarm bells at the highest levels in Washington. At his office in a glass skyscraper in central Tokyo, he spoke with a veteran investment banker and colleague who also happened to be friends with Paul O’Neill, the United States Treasury Secretary. The economist, an American, and the investment banker, also American, were discussing a matter long the subject of innuendo: Japanese organized crime-the yakuza-and its role in the bad-debt crisis that is primarily responsible for keeping Japan in recession.
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Who got Yakuza into our banking system?

Tuesday, January 4th, 2005

Business Week carried a feature story in its Jan. 29, 1996 edition with the headline “The Yakuza And The Banks” printed in big yellow letters, accompanied by a cover photo of a “jiageya (land turner)” in Osaka.

The main focus of the parliamentary debate begun recently is whether tax money should be used to bail out the special housing loan companies, “jusen,” whose management collapsed under the weight of trillions of yen in bad loans.

The seven failed jusen companies have a combined total of claims amounting to 13.2 trillion yen, at least half of which was lent to the yakuza (organized crime)-related companies at the peak of the economic bubble. These loans are quite difficult or almost impossible to recover. As far as the known figure goes, the use of 1 trillion yen in public funds to save the “jusen” will in effect save the yakuza, which would no doubt incur the public’s wrath.

The question to be asked is how the yakuza could penetrate the nation’s banking industry so deeply. The yakuza has been around for centuries, but at least until the 1970’s it had confined its activities to the underground world without making much noise or interfering with legitimate businesses.
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The end of the dollar – in China and India

Tuesday, December 14th, 2004

The world’s fastest growing economies are turning away from the dollar. In the 21st century this is how many wars will be fought, but an economic attack can inflict more serious damage than the old-fashioned bombs and bloodshed that characterised warfare in the last hundred years. The Chinese economy will overtake America’s within a decade, and China will become the world’s next great superpower.
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WHO CONTROLS THE WORLD’S FINANCIAL SYSTEM?

Tuesday, December 14th, 2004

Despite widespread suspicion that the world’s financial system is controlled by occult secret societies, this conspiracy theory is difficult to prove. The idea that secret societies are running the world is well established. For example, the Bilderberg group is well documented as an elite society of the world’s top politicians and businessmen who meet in secret outside the democratic arena, but the public do not know what is discussed or decided at Bilderberg meetings. Nevertheless, “The Insider” can provide some insight into the spiritual beliefs held by the men who control of the world’s economy, by investigating how the financial system was established, and examining the relationship between finance and religion.
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How Money Works (The Money Scam) by Wes Penre

Friday, December 10th, 2004

How did this thing with paper money all start? Where and when did banks come into the picture?

Those are two questions not many people ask themselves, but should. The history of paper money is pretty interesting, and in a perspective it is easy to see who gains from the money system and who doesn’t. Already before I start explaining the phenomenon of money I can reveal that the gainer is not you!
Money is an illusion; and even more so in the electronic age. The fact is that you work your whole life through for money that doesn’t actually exist. But as long as the illusion is still put there, the system works. The problem is that people like you and I are working hard, often for low pay, while the only ones that benefit are the bankers.
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