Posts Tagged
Banks

Greece Just Lost Control of its Banks and Why Deposit Haircuts are Imminent
The keys to all Greek banks have just been handed to the European Central Bank (ECB).
YES, Greek banks may have been insolvent — something that was clear since the first bailout of 2010 — but at least the Greek state had control over them: as such it could have mandated mergers, recapitalizations,…

Santa Cruz County Decides To Do Away With Big Banks
Actually, this doesn’t go nearly far enough: We need a completely new, non-usurious, non-fraudulent banking system. But small rebellions can encourage larger ones.
THE BOARD OF Supervisors in Santa Cruz County, California, have taken a bold step. The County has decided that they will not…

Iceland to Take Back the Power to Create Money
by Raúl Ilargi Meijer
WHO KNEW that the revolution would start with those radical Icelanders? It does, though. One Frosti Sigurjonsson, a lawmaker from the ruling Progress Party, issued a report today that suggests taking the power to create money away from commercial banks, and hand it to the central…

American Dissident Voices: More Debt for Us, More Children for Them
American Dissident Voices broadcast of March 15, 2014
https://nationalvanguard.org/audio/ADV%202014-0315ilm.mp3
by Kevin Alfred Strom
TRAPPED. That’s the way many young, mostly White, college graduates feel today. Trapped by student loan debt. They were told they needed a college…