"Jan. 29 (Bloomberg) -- Bill and Melinda Gates said their foundation will commit $10 billion over the next decade to help develop vaccines for the world’s poorest countries, a project that may save the lives of 8.7 million children.
The initiative aims to vaccinate 90 percent of children in developing nations, including new immunizations for pneumonia and severe diarrhea, the foundation said in a statement today. The funding is in addition to $4.5 billion that the charity already pledged to vaccine research and delivery. Governments and the private sector need to contribute more money as well, Gates said."
Bill Gates' father was head of Planned Parenthood. He and his wife are now carrying on the eugenicist agenda tradition of funding the UN, WHO and Big Pharma to make more drugs to inject 3rd world children in order to maintain the exploitation of natural resources and control populations. They're in Haiti right now pumping kids up with all types of 'vaccines' and running child sex slave rings.
Their ultimate goal is to reduce the world's population by 80% (give or take depending on how many autistic slaves they need) and keep the world for themselves and repopulate the world with their bloodline.
That's why you hear this Global Warming fraud and Swine Flu hoaxes b/c they want everyone to pay a global tax in order to "save the Earth" and inject everyone with vaccines in order to "save your life.""Jan. 29 (Bloomberg) -- Bill and Melinda Gates said their foundation will commit... more
I began my life in the mid 60s. My father was in the Air Force at the time so we didn't stay in one place long. The thing about being a military 'brat' is that you learn to adapt and to make friends quickly. My travels included living in a trailer at a military base, stays in Wisconsin, Georgia, Kentucky, Colorado, California, Illinois and back to Kentucky. Not long after graduating high school I started my own business. My business had clients in all counties of Kentucky and some in Indiana, Ohio, Tennessee, and West Virginia. After ten years the business closed and I took a job traveling all over the country; a new town in a new state every week. Occasionally, I was hired to travel out of the country. On one trip we left Detroit and entered Canada. I had several days off of work so after the wedding I attended in Canada I decided to drive across Canada hugging the small rural roads near the Great Lakes and making my way to Niagara Falls. From there we left for Kentucky through the states. I even spent 4 weeks in San Juan and befriended a cab driver immediately at the airport. The rest of the time, when I had free time, I road around with the cab driver to get a native's perspective and meet his passengers. Why do I tell you this? I tell you this to lend credentials to what I am about to tell you. We are all the same, basically. The average Joe is the average Joe no matter where you go.
So....why do we fight between the left and the right? Because they told us to.
So....why do we send our brother and sisters off to war? Because they told us to.
So....why did we bail out the same banks that have been ripping us off for years? That's right.
Because they told us to.
So....why do we sit here, helpless, after Geithner stole our money? Because they told us to.
So....why do we allow the war crimes of torture to be committed by our government? Yes, because they told us to.
So....why do we allow our Bill of Rights and Constitution to be shredded by a government 'Of The People'? It's a sure bet, because they told us to.
So....why do we stay inside, watch TV, avoid the sun, the neighbors, the Earth? You got it. Because they told us to.
So....why do we kill thousands of innocent foreigners? Because they told us to?
So....why did we invade Iraq? Because they told us to.
So....why did we stop questioning our government and holding them accountable? Because they told us to?
So....why do we sit here while our planet is destroyed and our brothers and sisters around the globe are murdered in the name of resources and profit? Because they told us to.
We are all one humanity. All with one wish. The wish to be left alone, to live free, to help out our neighbor and expect the same from them. The wish to love one another, cherish freedom, cherish the Earth, and all benefit from what everyone has to offer.
Our governments now have the power to do unimaginable things with technology. The question is WHY? Why do we spend so much on bombs when we are bankrupt? Why do we kick Americans out of their homes when everyone's home could be paid for with the money spent on wars? Why do people still live on the streets in America when shelters could be built in every single town with the money we spend on wars? Why do we allow Banksters to give bonuses at all with the money borrowed from our children's future? Why do we taze little children and elderly women? Why do we allow lobbyists to buy and sell our 'representatives'? Why did the Supreme Court rule that there's no limit to how much a corporation can spend to buy your government? Why did the Detroit 'bomber' get help passing all security while boarding the plane?
Time to grow up and stop doing what they tell you to do. Ask questions, demand answers.
Christopher Hignite for We Are Change Ky and Monkey Press copyright 2010I began my life in the mid 60s. My father was in the Air Force at the time so we... more
"US President Barack Obama has warned that more US banks are likely to fail, as the full extent of their losses in the economic crisis becomes clear.
Speaking to NBC News, Mr Obama said "some banks won't make it" but stressed that people's deposits would be safe.
He has also asked Treasury Secretary Timothy Geithner to draw up guidelines for banks receiving taxpayers' money.
"If a bank or a financial institution is getting relief then they've got to abide by certain conditions," he said.
The president has been critical of bank executives receiving bonuses despite taking government bail-outs.
In an interview with NBC to be aired on Monday, Mr Obama said it was likely the banks had not yet fully acknowledged the extent of their losses.
"The banks, because of mismanagement, because of huge risk-taking, are now in a very vulnerable position," he said.
"We can expect that we're going to have to do more to shore up the financial system.""US President Barack Obama has warned that more US banks are likely to fail, as... more
Financial markets reacted swiftly to the stronger-than-expected growth, with the dollar gaining ground and bond yields rising amid fears of rising inflation in the US economy.
The US economy grew at a faster-than-expected 5.7% annualised rate in the fourth quarter, the strongest figure in more than six years, as businesses reduced inventories less aggressively than before.
Growth in the October to December period was much faster than the third quarter's 2.2% rate and was boosted by a sharp slowdown in the pace that businesses ran down stock levels, a factor that could mask the strength of the economic recovery from the longest and deepest downturn since the Great Depression.
But even stripping out inventories, the economy expanded at an annual rate of 2.2%, accelerating from the 1.5% increase in the third quarter, reflecting relatively strong performance from other segments of the economy.Financial markets reacted swiftly to the stronger-than-expected growth, with the... more
We're all sickened by the amoral stylings of the financial corrupt. Here's all one woman can do to fight back.We're all sickened by the amoral stylings of the financial corrupt. Here's... more
Harry Markopolos tells Congress SEC Madoff had partners in crime.
Here are some gems:
...
He also said that he knows the names of a dozen other so-called feeder funds that helped Madoff raise money from pension funds and wealthy investors and that he would turn these over to regulators this week.
Calling SEC staff "too slow, too young and too undereducated," Markopolos said regulators "did not understand the red flags and could not do the math."
"They looked at the size of Madoff and said he's a big firm and we don't attack big firms," Markopolos said about U.S. regulators.
...
"I gift-wrapped and delivered the largest Ponzi scheme to them," said Markopolos, who is now working as a fraud examiner.
Markopolos said the SEC's enforcement division lacks experienced financial experts and is hindered by lawyers who do not understand red flags. Markopolos also highlighted turf battles between the SEC's Boston and New York regional offices and said the agency was captive to industry.
"There are no incentives for the SEC to find fraud," he said.
...
Markopolos also had harsh words for the broker-dealer watchdog and its predecessor, the NASD. "FINRA is even less competent than the SEC," he said, calling the self-regulator corrupt and beholden to industry.
If regulators have created this much corruption with a limited budget, what leads us to believe that increasing it size will eliminate it? Is more bureaucracy the answer? Can we eliminate corruption completely? Should that even be our goal?Harry Markopolos tells Congress SEC Madoff had partners in crime.
Here are some... more
Alex Jones joins with fellow patriot Mark Dice in protesting America's favorite sports ritual-- the Super Bowl. Sure, the game is a good contest between two top rivals, but football isn't what really matters. While America has fallen asleep in front of the television let so many distractions take over its thoughts, our country has been looted financially, our military has been used to carry out ever-expanding wars, our President and Congress have ignored the Constitution and our people have stopped their participation in the process.Alex Jones joins with fellow patriot Mark Dice in protesting America's favorite... more
Wells Fargo & Co. — which medical-marijuana dispensary owners say is virtually the only bank in Colorado willing to take their business — has stopped opening new accounts for dispensaries.
Cristie Drumm, a spokeswoman for the banking giant, said Wells Fargo is examining state and federal laws to determine what the bank's risk is in working with dispensaries.
"We're not actively opening accounts with these businesses at this time," she said.
The move reflects a broader uneasiness among banks in the state about working with the medical-marijuana industry, and it marks one more cloud hovering over dispensaries. Though Drumm said she was unsure whether the bank would also re-evaluate its existing dispensary accounts, news of Wells Fargo's change in attitude has dispensary owners worried they might lose a key ally in their business plans.
"We wouldn't have a bank to put our money in," said Ryan Vincent, who owns The Health Center in Denver. "I don't know what we would do. We'd probably have to start rallying to put together a credit union."
Vincent said every dispensary he knows of uses Wells Fargo as its bank, largely because the industry has received a cold shoulder from other financial institutions. While Vincent said he understands the bank's need to do what's best for its business, he said shutting out dispensaries would deprive the bank of needed customers and deprive dispensaries of needed stability, possibly forcing them to operate in shadowy, cash-heavy ways.
"It's interesting to see that there's money and no one wants to hold onto it," Vincent said. "We're trying to be a legitimate, above-board industry in Colorado."
Tim Powers, a spokesman for the Colorado Bankers Association, agreed that it's unusual for banks to turn away potential customers, but he said legal and regulatory considerations have made many banks uncomfortable working with dispensaries. Federal law requires that banks not do business with companies operating illegally, and marijuana distribution — for medical purposes or not — is still illegal federally.
"Regulators are basically saying, 'Approach this with caution. There could be problems,' " Powers said. "Because of that, a lot of banks are taking the ultra-conservative approach."
"There's just lots of unknowns in this new emerging field of business."
That's true for dispensaries as well as banks.
"We wake up every morning with a new thing thrown at us," Vincent said.
In the follow-up to his ground-breaking documentary ‘American Drug War,’ filmmaker Kevin Booth traces the fight against Federal drug regulation in the State of California. A public majority has spoken and said yes to states rights, allowing for the use of medicinal marijuana and opening up a new front in controversial medicinal ‘dispensaries.’
While users herald the freedom of legally-licensed “weed,” powerful forces at the DEA and law enforcement haven’t given up their federal enforcement power yet. Many dispensaries have been raided, targeting their distribution of marijuana and challenging their authority to rise into legitimate business.
In the backdrop of this public dispute is the Dark Alliance– where governments handle the volume of drug trafficking and work with cartels and drug dealers to manage the drug flow. Just like the prohibition of alcohol, drugs have thrived on their illicit appeal, and doomed millions of non-violent offenders to incarceration and prosecution. Now, those swearing by the healing power of medicinal marijuana as well as those who simply refuse to be outlawed by a hypocritical rogue government are daring to stand up and declare that the violence, corruption and uncontrolled flow of drugs is due to the prohibition of the substance, not the substance itself.
Big Pharma has put millions of non-”drug” users on hallucinogenic prescription drugs and instituted new forms of addiction and dependency, challenging our outdated notions that is only “illegal” drugs doing harm to our people.
The State of California, in a key position to assert its 10th Amendment rights under the Constitution, has pushed the issue to a tipping point. The bankrupt government hopes to capitalize on taxation of a legal and prosperous marijuana trade that could, ironically, fight off big government and offer free humanity new hope. Whether or not you love or loathe marijuana or the drug culture, everyone needs to fight for a more peaceful solution to the drug dilemma. How can we best manage the reality of drug use and minimize the harm to individuals and society at large? Clearly seventy years plus has proven that the drug war has the wrong approach.
In How Weed Won the West, filmmaker Kevin Booth dares to tackle these difficult questions. He infiltrates psuedo-legal California growers, investigates DEA raids on licensed dispensaries and even undertakes to sample the disputed ‘medicine’ for himself. He interviews radio host Alex Jones, former drug dealers, real-life gang members, legal-weed pitch men, activists and advocates to find the truth.In the follow-up to his ground-breaking documentary ‘American Drug War,’... more
Ralph Nader, who broke from Democrats to run as a Green Party candidate against Al Gore in the wake of WTO Protests in 1999 has posted a letter on his website to Senator Chris Dodd:
January 19, 2010
The Honorable Senator Christopher Dodd
Committee on Banking, Housing and Urban Affairs
448 Russell Building
Washington, DC 20510
Dear Senator Dodd:
The Washington Post and several other newspapers report that you are considering dropping the proposal to create an independent and free-standing Consumer Financial Protection Agency.
Making this kind of deal with the Republicans and more conservative members of your own party will signal to consumers across the land that you, as chair of the Committee on Banking, Housing and Urban Affairs, have lost touch with Main-Street interests. It will show that the leaders of the Democratic Party care more about the high-rolling gamblers on Wall Street and the fat-cat bankers than the consumers, workers, taxpayers, and small investors who have been left with the costs of the financial meltdown caused by executives' greed, speculation and crimes.
When you announced that you were not seeking re-election, many in the consumer movement thought that you would be free to push for meaningful financial re-regulation because you wouldn't have to worry about re-election fundraising. Instead it looks like you are mistakenly thinking that a financial re-regulation bill, no matter how lacking, is better than no bill, and that you need to deliver such a bill for President Obama.
In fact, abandoning consumers on real financial re-regulation is likely to be more costly to President Obama and the Democratic Party than standing up to the banking and financial interests that have so damaged our economy.
The Consumer Financial Protection Agency should be independent with strong leadership: not part of some other existing bank-indentured financial regulatory agency. Consumers need an independent agency that will serve their interests without being captured by the financial wheelers and dealers who put gouging for short-term profit before the legitimate interests of consumers. These wheelers and dealers have been expert in capturing the so-called bank regulators in Washington DC. You have previously pointed out their "abysmal failure."
Senator Dodd, it is time for you to be a transforming leader and champion for many millions of consumers. You know how to articulate their case and focus public outrage on the recalcitrant members of your committee. Fight for the Consumer Financial Protection Agency - the people and consumer groups will support you.
Why not convene a representative group of them, including aggrieved individuals, at a news conference to demonstrate your determination to reach out to the people of our country?
Sincerely,
Ralph Nader
I'm imagining aggrieved tea-baggers rallying behind Senator Dodd because Ralph Nader said so. Yet, maybe there are others that would still trust Mr. Nader to come up with just the right plan. He's onto something here.
http://www.nader.org/index.php?/archives/2166-Nader-calls-on-Senator-Dodd-to-fight-for-a-Consumer-Financial-Protection-Agency.htmlRalph Nader, who broke from Democrats to run as a Green Party candidate against Al... more
President to unveil levy on banks in bid to claw back some of the $700bn injected into the sector during financial crisis.
Barack Obama will today announce plans to impose a levy on Wall Street banks to cover some of the cost of bailing them out during the financial crisis.
The new charge, likely to enrage America's top bankers, is expected to raise about $90bn (£55bn) over the next decade – which will go some way towards recouping some of the $700bn (£430bn) injected into the US banking system since October 2008.
A White House official said that Obama would announce the plan at 4.50pm GMT today. "The fee that is put forward here is in many ways a minimum – a minimum of what is owed back for the rather significant costs that are borne in many aspects by the taxpayers," the official said.
Yesterday several Wall Street bankers admitted making mistakes in the run-up to the financial crisis. But the US banking industry has also argued against a levy, arguing that it would simply be passed on to consumers.
Obama's final proposals are not likely to be finalised until early next month. They will also have to be passed by Congress.President to unveil levy on banks in bid to claw back some of the $700bn injected into... more
Jan. 22 (Bloomberg) -- President Barack Obama’s plan to curb proprietary trading will cost Goldman Sachs Group Inc., Morgan Stanley, Credit Suisse Group AG, UBS AG and Deutsche Bank AG about $13 billion in revenue next year, according to JPMorgan Chase & Co. analysts.
Of the five banks analyzed, Obama’s proposals will impact Goldman Sachs the most, resulting in an estimated $4.67 billion drop in earnings in 2011, analysts led by London-based Kian Abouhossein said in a note today. UBS stands to lose the least, with revenue declining an estimated $1.92 billion.
“Goldman Sachs is most at risk with its principal investments business at risk and high fixed-income gearing,” the analysts wrote in the note.
Obama proposed yesterday to limit the size of banks and prohibit them from investing in hedge funds and private equity funds as a way to reduce risk-taking and prevent a repeat of the credit crisis. http://www.businessweek.com/news/2010-01-22/obama-plan-may-cost-banks-13-billion-in-revenue-jpmorgan-says.htmlJan. 22 (Bloomberg) -- President Barack Obama’s plan to curb proprietary trading... more
Jan. 11 (Bloomberg) -- The Federal Reserve asked a U.S. appeals court to block a ruling that for the first time would force the central bank to reveal secret identities of financial firms that might have collapsed without the largest government bailout in U.S. history.
The U.S. Court of Appeals in Manhattan will decide whether the Fed must release records of the unprecedented $2 trillion U.S. loan program launched after the 2008 collapse of Lehman Brothers Holdings Inc. In August, a federal judge ordered that the information be released, responding to a request by Bloomberg LP, the parent of Bloomberg News.Jan. 11 (Bloomberg) -- The Federal Reserve asked a U.S. appeals court to block a... more
We, the masses of this United Corporations of America, will never get a break from the Credit Card Industry... Even with the credit-card rules going into effect, February 22, 2010, this industry is busy (the greedy little dears) finding more (LEGAL) ways to fleece the hell out of us. It's never going to end there's just too much money to be made off us saps. So the next time you swipe your coveted plastic card through a retailer’s credit card machine, to buy some piece of crap imported from China, listen to that awful sucking sound... IT’S MUSIC TO THE CREDIT CARD INDUSTRY’S EARS!
THE END
thinkingblue
Credit-Card Issuers Find Creative Ways to Skirt New Law
Between now and Feb. 22 when the new credit-card rules go into effect, you'll see a lot of excited media types talking about all of the good to come out of those regulations, but as a consumer you should worry about what's still on the menu. The card issuers have been cooking up all kinds of new things that their bottom line will find appetizing,
he Credit Card Accountability, Responsibility and Disclosure Act, known as the CARD Act, aims to help consumers deal with card issuers' more troubling policies, but by the time this reform is fully in place, the industry will have moved on to new ways to skin the customer, ways that have become evident over the last few months as the first provisions of the law came into play and financial-services businesses scrambled to squeeze through loopholes.
"The provisions of the CARD act were excellent and they addressed key problems but because card issuers are in the business to make money, you had to think they would find other ways to make up for the revenue they were losing because of the law," said Bill Hardekopf of LowCards.com. "Now they are instituting a number of other practices -- perfectly legal even after the new law -- to make up for lost revenue, and consumers now have some new things to worry about."
The new law was designed to defeat several bad practices. For example, starting in February, due dates for monthly payments must be the same each month. Any payment amount beyond the minimum must be applied to the highest-rate debt on the account. Rate hikes on existing balances on fixed-rate cards are prohibited under most conditions. Card issuers can't charge additional fees when consumers pay by mail, electronic transfer, online or phone unless the customer requests an expedited payment to avoid a late fee. Other practices, like "double-cycle billing" -- where the issuer adds finance charges for previous billing cycles to an account that was paid off because there was an average daily balance until the debt was paid -- are off the menu too.
The US Federal Reserve turned a record profit of 45 billion dollars last year even as it plowed money into teetering banks to prevent a financial collapse, The Washington Post reported Tuesday.
The country's central bank played a pivotal role in propping up the US economy in the midst of the sharpest recession since the Great Depression, spending billions of dollars on a highly controversial bailout of financial institutions.
The Fed's unconventional moves led to a windfall for the government, the Post reported on its website, citing its calculations of figures it compiled from public documents.
It said the Fed will return 45 billion dollars to the US Treasury for 2009, the highest earnings in the 96-year history of the central bank. The largest previous refund was 34.6 billion dollars, in 2007.
The daily said the profits -- earned in large part from the Fed's aggressive bond-buying as it aimed to push down interest rates and stimulate growth -- were far higher than the expected profits of Bank of America, Goldman Sachs and JP Morgan combined.The US Federal Reserve turned a record profit of 45 billion dollars last year even as... more
The Obama administration, buoyed by a resurgent Wall Street, plans to cut the projected long-term cost of the Troubled Asset Relief Program by more than $200 billion, in a move that could smooth the way for the introduction of a new jobs program.
The White House and leaders in Congress are debating whether to use any of the remaining TARP funds for other domestic efforts, such as a jobs bill. Congress authorized $700 billion for the program during the height of the financial crisis.
The Treasury now estimates that over the next 10 years TARP will cost $141 billion at most, down from the $341 billion the White House projected in August. The reduction stems in large part from faster-than-expected repayments by some of the nation's largest banks, as well as less spending on programs to help shore up the financial sector.
The government's efforts appear to have helped stabilize the financial sector, and banks have already repaid the Treasury about $70 billion. Bank of America Corp. has said it will return its $45 billion investment as early as this week, and the government now expects total repayments to reach as much as $175 billion by the end of next year. Altogether, it invested $204 billion in 690 firms. The Treasury has also collected more than $10 billion in interest and dividend payments from firms in which it has invested.
The lower-than-expected TARP losses could help the White House tap remaining funds for a jobs program because the revised estimates will help bring down the projected federal budget deficit since the White House will be able to assume less spending associated with the program.The Obama administration, buoyed by a resurgent Wall Street, plans to cut the... more
Thursday's edition of my three times a week talk show.Watch or listen to the show on Tues, Thurs & Sats here at WWW.UNITEDKINGDOMTALK.CO.UK
In today's show :
Katie in the shed.
Not feeling too well.
No music in Aldi.
Dinner out with Ron.
A man and his 5 dogs.
The watching doorman.
Posh Islington.
Ron pays a man to kick him around.
Damaged wheel.
What's happened to this body.
Money for grief.
Something internally attacks me.
Trouble sleeping.
Be careful when using the "hole in the wall".
Window cleaning.
Suko moans.
Nial - you must get out a bit more.
DIY - Phone on the wall.
I'm concerned about your health.
Supermarkets in Japan.
Gwen thanks you for the audio emails.
The debt problem in the U.S. is due to the banking and lending practices of too big to fail, government sanctioned finance industry. The time has come to drop your bank and credit card lender and find alternatives.The debt problem in the U.S. is due to the banking and lending practices of too big to... more
The police chief in charge of security at the World Economic Forum in Davos has been found dead in what is believed to be a suicide.
Swiss police said the body of their commander, Dr Markus Reinhardt, had been found in his hotel room.
The shock announcement came as political and business leaders began arriving in the Swiss mountain resort amid fortress-like security for the start of the annual blue-chip meeting.
A police statement said: "Dr Markus Reinhardt, commander of the Graubuenden cantonal police... was found dead in his hotel room (in Davos) in the morning. All indications point to a suicide."
Suicide, my a$$.The police chief in charge of security at the World Economic Forum in Davos has been... more
"...average pay will dwindle, along with consumer prices..." Economists are predicting that we can expect the economy to recover as late as the mid 2020s and no sooner than 2015. But no one would dare to call this a depression.
"The unemployed number 15.4 million. The jobless rate is 10 percent. More than 7 million jobs have vanished. People out of work at least six months number a record 5.9 million. And household income, adjusted for inflation, has shrunk in the past decade."
"It will be the mother of all jobless recoveries," predicts economic historian John Steel Gordon.
Personally, I think what people need to do to get back on track is to drop any insurance polices they have, drop any credit they have, don't pay back debt, and drop the banks. Not everyone can do all this so you could do it partially and still have an effect. Why should people pay back debt to credit and banking institutions that exist on government corporate welfare? We pay for them in taxes anyway. They get their bailouts, They don't need our payments."...average pay will dwindle, along with consumer prices..." Economists are... more
