The Black Heart Of Banking

Banks don’t actually need any capital base at all, they can make money up from the thin air at will (setting aside the dictates of the BIS which is biased on the side of the banks) and gift it or loan it at .01% interest to deserving business and so promote the creation of wealth. It’s the natural way of doing things. We’ve been bought up with a set of beliefs themselves entirely artificial and wholly against our interests so that an artificial economic elite may be created and sustained. This is what’s causing the the current poverty and this is what’s going to have to end. We are witnessing a global banking dynasty, its very existence unsuspected by the majority, in its death throes. I don’t know what the immediate future might hold but I’m sure of one thing; it ain’t gonna be pretty 🙁

BB

Ships in the night – recession ships lie idle

If  the recession’s over or anywhere near it, why are all these container ships lying idle, with more being built that will only lie idle too when they’re completed (if they ever actually are)? One can make allowances for prior overproduction, but not this much, not by any means. Read more at http://www.dailymail.co.uk/home/moslive/article-1212013/Revealed-The-ghost-fleet-recession.html

http://tinyurl.com/qnr3dr

Unusually this piece appears in the UK’s Daily Mail. I would assume it’s a shot across the bows of the Labour Party with the coming election in mind. We can probably expect more along these lines.

BB