Tag: purpose

Banks Profit From Near-Zero Interest Rates: Another Reason for States to Own Their Own Banks

Filed in economy, gld, Gold, interest-rates by on June 6, 2010 0 Comments

…but the purpose of the near-zero interest rates was supposed to be to get the banks to lend again. Instead, they are investing this virtually interest-free money in risk-free government bonds, on which we the taxpayers are paying 2.5% interest; or are using the money to engage in the same sort of unregulated speculation that nearly brought down the economy in 2008, or to buy up smaller local banks, or to pay “outrageous bonuses to their top executives.” …Owning their own banks can allow local governments to tap into the very low interest rates available to private banks, by giving them the same authority to create “bank credit” on their books that private banks have. Interest (undeservedly collected by private banks) is the root of our excessive tax problem. WRH permalink

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Would Anyone Still Have A Reason To Invest In Gold? | Forex Real …

Filed in Gold, Indonesian Gold by on June 3, 2010 0 Comments

When you consider buying gold you have to ask yourself some questions first: what is the purpose of the purchase? Aesthetics or business? Gold can be bought in bullion or in stocks . The terminology may be a bit confusing but the idea is …

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Freedom Flotilla: Separating Truth from Zionist Bullshit

Filed in Bank Gold, Gold by on June 1, 2010 0 Comments

“It was clear from the size of the force that boarded the ship that the purpose was not only to stop this sail, but to cause the largest possible number of fatalities in order to stop such initiatives in the future.” WRH permalink

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Seabridge Gold (AMEX:SA) Begins KSM Drilling

Today Seabridge Gold (AMEX:SA) said it has started to drill at its KSM project in the Stewart, British Colombia, Canada area.KSM, which is 100 percent owned by Seabridge, said the purpose of the drilling will be to convert its existing mineral resources to proven and probable reserves to a larger amount.The Iron Cap zone of the project will also resource definition drilling conducted in it, in

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Turkey positions missiles to repulse Israeli aerial incursions

Filed in Bank Gold, Gold, Gold Spot Market by on May 14, 2010 0 Comments

The newspaper quoted a Turkish military source, who preferred to remain anonymous, as saying that the purpose of the missiles were to protect and defend Turkish airspace against all aerial incursions in addition to repulsing American and Israeli penetrations in the event that they should launch attacks against Syria or Iran. WRH permalink

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Bailout Euphoria Is Evaporating

Filed in Gold, Gold Prices by on May 11, 2010 0 Comments
Bailout Euphoria Is Evaporating

Chief markets economist Kevin Gaynor  of RBS says the E.U.’s strategy  is “Bailouts rather than integration”. It is not solving the problem, E.U.  are just throwing money at it. Marek Belke, the E.U.  head at the IMF, compare the rescue package to a dose of morphine with the purpose to stabilize the patient. The real

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How the global warming hoax evolved from population control and eugenics

Filed in Bank Gold, Gold, Gold Spot Market by on April 17, 2010 0 Comments

UNESCO ( United Nations Educational Social and Cultural Organization ) Its Purpose and its Philosphy – Julian Huxley 1946 -’Thus even though it is quite true that radical eugenics policy will be for many years politically and psychologically impossible it will be important for UNESCO to see that the public mind is informed of the issues at stake so that much that is now unthinkable may at least become thinkable” WRH permalink

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Hawaii Governor has received citizens’ petitions and letters

Filed in Gold by on March 15, 2010 0 Comments

…Dr. Fukino has made three public statements regarding Obama’s “vital records” on October 31, 2008, July 28, 2009 and February 23, 2010. While Hawaii law mandates in Section 15 that “information collected and maintained for the purpose of making information available to the general public” must be provided to an individual upon request, Dr. Fukino has released only very limited information on the DOH website. She also has never explained how she arrived at the conclusion that “Barrack Hussein Obama was born in Hawaii and is a natural-born American citizen” and why, as a public figure, his vital records cannot… Original Article: Forum: News/Activism

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Hawaii Governor has received citizens’ petitions and letters

Filed in Gold by on March 15, 2010 0 Comments

…Dr. Fukino has made three public statements regarding Obama’s “vital records” on October 31, 2008, July 28, 2009 and February 23, 2010. While Hawaii law mandates in Section 15 that “information collected and maintained for the purpose of making information available to the general public” must be provided to an individual upon request, Dr. Fukino has released only very limited information on the DOH website. She also has never explained how she arrived at the conclusion that “Barrack Hussein Obama was born in Hawaii and is a natural-born American citizen” and why, as a public figure, his vital records cannot… Original Article: Forum: News/Activism

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Most decorated US Marine General: Purpose of all US wars is billions for insiders’ profits

Filed in Bank Gold, economy, Gold Spot Market by on March 6, 2010 0 Comments

*hyperlinks and video live at source* Smedley Butler (and here) was the most honored man in Marine Corps history. He wrote and spoke that the purpose of US wars is millions and billions in profits for America’s leading “bankers, industrialists, and speculators.” War is a “racket:” a deception whereby its purpose of blood money from American taxpayers to “insiders” is always disguised as noble and necessary ventures to keep Americans propagandized into paying again and again. General Butler in his summative book, War is a Racket, on the costs of war to ordinary Americans: WRH permalink

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History of Public Sector Unions Shows Why They Should Be Banned

Filed in Gold by on February 27, 2010 0 Comments

Doug Ross has a useful and concise history of public sector unions that demonstrates with undeniable clarity why public sector unions should never have been allowed to organize in the first place. Unions can make sense in the private sector where the purpose of an enterprise is to provide products and services needed by people who can pay for them and in the process allow the firm to generate a profit to be shared in mutually agreeable proportions among owner and employees. The profit is the essential measure of whether the enterprise is viable. But in the public sector, there… Original Article: Forum: News/Activism

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Australia to end bank deposit funding guarantees

Filed in Gold Holdings, Gold Investing by on February 6, 2010 0 Comments

CANBERRA, Feb 7 – Australia will end its bank deposit and bank funding guarantees from the end of March, Treasurer Wayne Swan said on Sunday, adding that they had served their purpose in helping to stabilise the financial system. The government gu Australia to end bank deposit funding guarantees

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