A remarkable report on The Austrian State Gold from the Austrian Federal Court (ÖBRH) has apparently just revealed that as of 2009, 56% of Austria’s gold reserves “held” at the Bank of England DID NOT PHYSICALLY EXIST!!!
No wonder that Germany & The Netherlands among others began scrambling shortly thereafter to repatriate what was left of their own reserves at the BOE & The Fed!
— NewsFeed (@RealNewsUKfeed) February 25, 2015
Emma Thompson 'won't pay tax' till those "evil bastards" in HSBC scandal go to jail. Not just words, but deeds. Wow. http://t.co/tfosvRZvCT
— Nicholas Shaxson (@nickshaxson) February 25, 2015
You just can’t make this stuff up. You really can’t. Another day, another elderly American peasant pursued by a “justice” system in which real crooks receive taxpayer bailouts to pay themselves bonuses, while perfectly normal citizen behavior is criminalized.
The victim this time is a 72-year-old New Jersey man named Gordon Van Gilder, a retired school teacher, who faces 10 years in jail for possessing a unloaded antique 225-year-old flintlock pistol.
Read more here.
Confucius gets credit for a saying that has been on men’s lips since the first lie was told: “The beginning of wisdom is to call things by their proper name.”
Fraud, malfeasance, systemic risk, and even fundamentalist Islamic terrorism have been all but scrubbed from Washington’s lexicon, courtesy of the Ministry of Truth.
Today’s Wall Street Journal published a short op-ed by Robert Rubin. His commentary is fine as far as it goes, but in what seems to be a bid for a post in the next Democratic administration, he omits his role in the financial crisis. In Decisions, I jog your memory.
In Washington D.C., a former Wall Street regulator checks into a hotel using the name of a hedge fund manager for an illicit meeting with a prostitute. In a D.C. suburb, the CFO of a beleaguered mortgage giant chooses a drastic personal end to “relentless pressure”.
In a picturesque suburb of Zug, Switzerland, the CFO of a major insurance company decides to end his life. In London, a financier kills himself in a way he once said he never would.
Janet Tavakoli shines a bright light on the money-driven culture of Wall Street and Washington, and the life and death consequences of our decisions that put profit above all.
Release date: April 4, 2015. Approximately 14,000 words of text (not including front and back matter and references)
You’ve heard of the IOT – the Internet Of Things. How about the Internet of Money? Who needs U.S. dollars or Bitcoin or Ripple or even gold for that matter, when the new money global standard ledger being offered up is YOU – monetized.
The point I’m making with the $10 trillion stone coin is that if money is a social contrivance, then it should be distributed to those creating goods and services.
You’ve probably heard of the $1 trillion platinum coin proposal: the basic idea is the U.S. Mint issues a $1 trillion platinum coin, and returns the difference between the cost of minting the coin (trivial) and the face value attributed to the coin ($1 trillion) to the United States Treasury General Fund.