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Posts Tagged ‘Financial Crash’

June 9, 2012
xl43-banca-network-120604185131_medium.jpg.pagespeed.ic.DEJilDE7Js First Bank to Block All Accounts; Italy’s BNI
Posted by BZ Riger
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June 6, 2012
Protesters in Montreal bang pots and pans in protest over bill 78 and in support of striking students. (Photograph: Peter Mccabe/AP) Northern Light: Why Canada’s ‘Casserole’ Movement is All of Ours
Posted by BZ Riger
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May 16, 2012
a7d06cd7628279853f62bd5d9123ad523b0cb6dd Accidentally Released – and Incredibly Embarrassing – for Goldman et al
Posted by BZ Riger
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May 10, 2012
cest_bon Austerity Can’t Be Just For Regular People
Posted by BZ Riger
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May 9, 2012
n Paris, supporters of Francois Hollande cheer the results of the presidential election. Celebrations continued into the night in the Place de la Bastille, the iconic plaza of the French Revolution. Mr. Hollande told them: ‘Austerity can no longer be inevitable.’ (Photo: AP) Greek, French Elections Sound Death Knell for Austerity
Posted by BZ Riger
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April 22, 2012
As Greece continues to search for solutions to its national economic crisis, the port town of Volos has adopted an old-school barter system to help its citizens muddle through. Five years into their recession with 21 percent unemployment, some Volos residents who were short on Euros but long on other resources created a local currency (called TEMs in Greek) that is traded based on non-monetary contributions into the online system. People sign up for a TEMs network account, see what services they might offer to other folks in their area who are in need, and start amassing credits that can be cashed in for things they themselves need. TEMs can be used for everything from bakers to babysitters, teachers to technicians. In theory, the value of one TEM is equal to the value of one Euro. One participant, acupuncturist Bernhardt Koppold, explained, "It's an easier, more direct way of exchanging goods and services. "It's also a way of showing practical solidarity — of building relationships." Maria Choupis, co-founder of the TEMs network, echoed that sentiment regarding the local alternative currency systems: “They are as much social structures as economic ones. They foster intimacy and mutual support.” Speaking to NPR, Volos Mayor Panos Skotiniotis encouraged municipal governments around the world to consider similar programs of their own to fill in where government and the traditional market are failing to adequately serve citizens: "This is a substitution for the welfare state, and that is why this municipality is encouraging it and wants it to grow." For its part, though, the Greek Parliament is also very supportive, passing legislation to encourage various non-traditional forms of “entrepreneurship and local development.” Thankfully, other governments are listening. Many more Germans have jumped into alternative currency systems since the Euro was launched. More than two dozen systems now exist there. Christian Gelleri, managing director of one regional currency, enthused, “We want people to think about this more … participants of the alternative currencies want to change the money system. We want to promote local charities and connect local businesses — that’s our objective.” The United States, too, has a number of toes in the alternative currency water including Cheers in Detroit, BerkShares in Western Massachusetts, the Bay Area Community Exchange timebank in Northern California, Ithaca Hours in Upstate New York, and more. San Francisco has set up a working group to explore how the sharing economy can benefit citizens and the Creative Currency is being held there later this month. More widely focused is Bitcoin digital currency. Some states, like Utah, have designated gold and silver coins as official legal tender. The view from a hill above Volos, where an alternative currency system is breathing new life back into the village. Photo credit: Nikos Roussos. Used under Creative Commons license. Back in Greece, the TEMs system is but one of more than a dozen like it around the country. And, as the new thinking and new currencies take root, more opportunities grow. In Volos, daily markets allow people to barter and trade to their heart's content. Choupis noted, “They’re quite joyous occasions. It’s very liberating, not using money.” By not being limited by price tags, almost anything is possible. Choupis relayed the story of a woman who arrived at a market with three trays of cakes she had made. The woman's asking price was only one unit per cake, which Choupis questioned: “I asked her: ‘Do you think that’s enough? After all, you had the cost of the ingredients, the electricity to cook …’ “She replied: ‘Wait until the market is over’, and at the end she had three different kinds of fruit, two one-litre bottles of olive oil, soaps, beans, a dozen eggs and a whole lot of yoghurt. ‘If I had bought all this at the supermarket,’ she said, ‘it would have cost me a great deal more than what it cost to make these cakes.’” No matter the city, keeping resources and economic systems close to home has both a trickle-down and a ripple-out effect. As more and more local governments open their minds and laws to what alternative currencies and sharing economies have to offer, the more resilient, self-sufficient, and sustainable their populations will become. Sound attractive? Then set up a timebank in your community. Learn about open source timebank software is here. Greek Town Taps Bartering for a More Shareable City
Posted by BZ Riger
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Protesters gather in Wenceslas Square in Prague for the anti-government rally. Photograph: Matej Divizna/EPA 80,000- 90,000 Czechs Stage Anti-Austerity Rally
Posted by BZ Riger
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April 10, 2012
s-WELLS-FARGO-FORECLOSURE-large300 Judge To Wells Fargo: Your Behavior ‘Highly Reprehensible’
Posted by BZ Riger
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April 7, 2012
fed-reserve The Best Congress the Banks’ Money Can Buy
Posted by BZ Riger
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April 3, 2012
ObamaAP0403 Remarks by President Obama at the Associated Press Luncheon April 3, 2012
Posted by BZ Riger
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April 2, 2012
canada-325x244 Canada’s 2012 Budget: Imposing Austerity on the World’s Most Resource-rich Country
Posted by BZ Riger
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image_mini When Bankers Rule the World
Posted by BZ Riger
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March 31, 2012
tbtf Push to End Too-Big-To-Fail Goes Mainstream
Posted by BZ Riger
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March 29, 2012
brics_sanya_resized BRICS’ Move to Change World Economy with Creation of New Joint Bank
Posted by BZ Riger
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March 27, 2012
Article Icon Money & Influence in America: Koch Brothers Exposed
Posted by BZ Riger
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March 22, 2012
richard-fisher The Dallas Fed Is Calling For The Immediate Breakup Of Large Banks
Posted by BZ Riger
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March 21, 2012
A foreclosure sign sits in front of a home for sale in Stockton, California. Justin Sullivan/Getty Images Another Hidden Bailout: Helping Wall Street Collect Your Rent
Posted by BZ Riger
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March 20, 2012
The Vatican Bank has had one of its accounts closed by JP Morgan after stone-walling requests for information. Photo: ALAMY Vatican Bank Faces Fresh Controversy
Posted by BZ Riger
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March 16, 2012
15_londonoccupy_oldw-350x196 Giving Up Your Bank for Lent
Posted by BZ Riger
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Illustration by Victor Juhasz Bank of America: Too Crooked to Fail
Posted by BZ Riger
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March 14, 2012
s-CITI-large300 Four Big Banks Fail Crucial Fed Test
Posted by BZ Riger
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March 13, 2012
check-out-the-economic-collapse-for-more-stories-of-the-coming-destruction1 Collapse Coming–Not Recovery
Posted by Paul Quistgard
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March 11, 2012
Benjamin Fulford on Strange Universe Radio with Sean David Morton – March 6th, 2012
Posted by BZ Riger
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March 10, 2012
s-CASH-MONEY-large300 Banks Repaid Fed Bailout with Other Fed Money
Posted by BZ Riger
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March 6, 2012
Iceland's former prime minister Geir Haarde is facing charges over the global financial crisis. Photograph: Markku Ojala/EPA The Trial of Iceland’s Prime Minister is About Democracy, not Money
Posted by BZ Riger
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eviction-250x333 A World Declares: Put Equality First
Posted by BZ Riger
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March 3, 2012
G-20 Meeting of Finance Ministers and Central Bank Governors untitled Update: Was Treasury Secretary Arrested, Questioned & Released?
Posted by Dave Schmidt
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March 1, 2012
Dylan Ratigan: The Great Con Job
Posted by BZ Riger
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February 27, 2012
Timothy_Geithner_Treasury-238x300 Was Treasury Secretary Arrested, Questioned & Released?
Posted by BZ Riger
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February 23, 2012
Why Everything (Financially) Has Gone to S#!T
Posted by BZ Riger
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February 22, 2012
Ellen Brown How Greece Could Take Down Wall Street
Posted by BZ Riger
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February 17, 2012
dollar_2142217b Italian Police Seize $6 Trillion of Fake US T-Bonds in Switzerland (UPDATED)
Posted by BZ Riger
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id_8261 House of Lords UK Parliment: Lord James of Blackheath Speaks of Money-Laundering, Rogue US Government Dept., Extraordinary Fraud
Posted by BZ Riger
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February 16, 2012
images An Open Letter: Greece Today
Posted by BZ Riger
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February 15, 2012
theres-too-much-money-in-politics_0 Money Throws Democracy Overboard
Posted by BZ Riger
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February 14, 2012
Celebration To Mark 150th Anniversary Of Italy Unification Moody’s Downgrades Credit Ratings Of Italy, Portugal And Spain
Posted by BZ Riger
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February 13, 2012
eye-2pillars David Wilcock: Financial Tyranny – The Final Sections – Complete
Posted by Paul Quistgard
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A fire engulfs a store during clashes be Greek Protests Continue As Lawmakers Pass Severe Austerity Measures
Posted by BZ Riger
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February 11, 2012
Peter Joseph: Revolutionizing the Economy as We Know It and Revolutionizing Life as We Know It
Posted by BZ Riger
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February 10, 2012
Clashes in Athens during a general strike protest Greeks Compare Austerity to ‘Dictatorship’ as 48 Hour Strike Begins
Posted by BZ Riger
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3781eead159367e28d00892366a833a0dfabd261 Why Wall Street Should Stop Whining
Posted by BZ Riger
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February 9, 2012
hutz_and_mackie David Wilcock: FINANCIAL TYRANNY: Just in the Nick of Time
Posted by Paul Quistgard
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January 30, 2012
r-DAVOS-large570 Davos 2012: Income Inequality Becomes an Issue at World Economic Forum for First Time
Posted by BZ Riger
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December 20, 2011
European Central Bank warned that failure to raise the full €200bn for the IMF's bailout fund risks contagion spreading across the globe. Photograph Dominique Faget/AFP/Getty Images Latest IMF Bailout Fund Falls €50bn Short of Target after UK Refuses to Contribute
Posted by BZ Riger
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December 17, 2011
A-man-walks-past-fruit-st-007 Greeks Fearing Collapse of Eurozone Pull €12.3bn from Banks
Posted by BZ Riger
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December 5, 2011
s-GEORGE-SOROS-GLOBAL-FINANCIAL-SYSTEM-large300 George Soros: Global Financial System On Brink Of Collapse
Posted by BZ Riger
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November 15, 2011
111115041647-taner-yildiz-story-top Turkey Threatens to Turn Lights Out on Syria, Literally
Posted by BZ Riger
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November 9, 2011
r-DOW-large570 Dow Jones, NASDAQ, NYSE, S&P Sink Amid European Crisis
Posted by BZ Riger
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November 8, 2011
r-BERLUSCONI-RESIGNING-huge Silvio Berlusconi to Resign as Italy’s Prime Minister
Posted by BZ Riger
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November 7, 2011
File photo of Italy's Prime Minister Silvio Berlusconi leaving a Euro zone leaders summit in Brussels Berlusconi Plays Last Cards, Denies He Will Resign
Posted by BZ Riger
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November 5, 2011
Berlusconi-and-Tremonti-007 G20 Summit Fails to Allay World Recession Fears
Posted by BZ Riger
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November 2, 2011
s-GREECE-large300 Greek Turmoil Sends US and World Markets Falling Sharply
Posted by BZ Riger
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November 1, 2011
Greek Prime minister Papandreou delivers a speech to Panhellenic Socialist Movement parliamentary group in Athens Greek Referendum Ignites German Anger, Deepens Euro Zone Crisis
Posted by BZ Riger
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August 25, 2011
images Iceland’s On-going Revolution
Posted by BZ Riger
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August 23, 2011
r-BERNANKE-large570 ‘Secret’ Fed Loans Reveal Divide Between ‘Wall Street Aristocracy’ And Ordinary Americans
Posted by BZ Riger
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cash_register2_200 Consumer Debt Forgiveness May Be Needed: Roach
Posted by BZ Riger
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August 19, 2011
main Money Makes The “Old World” Go Round, Now Its Falling Down News Round-Up
Posted by BZ Riger
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August 11, 2011
t1larg.uk.rioters.gi Shock over ‘Respectable’ Lives Behind Masks of UK rioters
Posted by BZ Riger
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r-LONDON-RIOTS-large570 ‘Calm Down and Go Home, Please,’ Father of Man Killed in Britain Urges
Posted by BZ Riger
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August 8, 2011
r-SAD-TRADER-large570 The Bull Case for Gold Leads off Round-up of News in World Markets
Posted by BZ Riger
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August 3, 2011
the-law-of-karma The Debt Ceiling and the Law of Karma
Posted by BZ Riger
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470_mubarak_in_bed_court_egypt_110803_430241 A Round-Up of Stories on Accountability in Today’s News
Posted by BZ Riger
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June 2, 2011
Paul Krugman Shock: Krugman Turns on ‘Elites’
Posted by Pat
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January 1, 2011
Article Icon Alex Jones Lays Out the Cabal’s Financial Agenda and Strategy
Posted by Steve Beckow
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November 29, 2010
Ben Fulford: Korean Attack Linked to Dismantling of North Korean Spy Network in Japan
Posted by Steve Beckow
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November 26, 2010
Nigel Farage: “Who the Hell do You Think You Are? The Euro Game is Up”
Posted by Steve Beckow
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November 23, 2010
goldbar Continuing Implosion of the World Economy
Posted by Steve Beckow
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November 10, 2010
SaLuSa: We Have Planned This Time for Many Years; There is No Margin for Error
Posted by Steve Beckow
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October 20, 2010
Mira the Pleiadian: Financial Uncertainty is Necessary Right Now
Posted by Steve Beckow
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October 18, 2010
agnew_brooks Chris: The Sound of Giants Falling
Posted by Steve Beckow
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October 11, 2010
Matthew's Message: Don't Be an Obama Carper; Remain Positive During Financial Transition
Posted by Steve Beckow
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September 19, 2010
Weekly Ben: Why the Battle over the $1 Trillion in Bonds will Decide the Future of the Planet
Posted by Steve Beckow
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September 16, 2010
Review of Matthew – Global Warming is Intentional, Nothing to Fear – and Other Reassurances
Posted by Steve Beckow
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August 23, 2010
fulford 5 Weekly Ben: Nakasone Caught Trying to Flee Japan in a North Korean Submarine, CIA Sources Say
Posted by Steve Beckow
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July 30, 2010
poverty Christine Vestal: Collapse in Living Standards in America Continues
Posted by Steve Beckow
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July 26, 2010
Bob Chapman Bob Chapman: Talk of Recovery Hides Collapse
Posted by Steve Beckow
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July 21, 2010
Article Icon Collapse in Living Standards in America: More Poverty By Any Measure
Posted by Steve Beckow
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July 5, 2010
matthias chang Matthias Chang: Economic Crisis: The Next Round of Financial Slaughter
Posted by Steve Beckow
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June 30, 2010
goldman sachs Goldman Admits It Had a Bigger Role in AIG Deals
Posted by Steve Beckow
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June 28, 2010
debt peonage Europe’s Fiscal Dystopia: The “New Austerity” Road to Financial Serfdom Massive Cutbacks in Public Spending
Posted by Steve Beckow
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June 20, 2010
abundance 3 What is the "Abundance Program"?
Posted by Steve Beckow
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June 15, 2010
pc June 16, 2010: Project Camelot Teleconference
Posted by Steve Beckow
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June 9, 2010
Article Icon SaLuSa: Many Souls Have Purposely Joined You for This Time
Posted by Steve Beckow
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June 7, 2010
Article Icon Goldman Sachs Stonewalls Congress
Posted by Steve Beckow
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June 3, 2010
matthew-new Message from Matthew, June 2, 2010
Posted by Steve Beckow
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June 2, 2010
Gerald Celente: Systemic Breakdown in 2010: Out with the Old?
Posted by Steve Beckow
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June 1, 2010
american dollar 2010 Financial Crisis "Worse than 2008"
Posted by Steve Beckow
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May 30, 2010
Article Icon David Wilcock: Financial Collapse Paves the Way for Disclosure
Posted by Steve Beckow
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Article Icon Ordinary Workers Would Be Fired in a Second If They Screwed Up Anywhere Nearly as Bad as the Bankers Have
Posted by Steve Beckow
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a-lightwokers-mission-6d-sirian-200dpi Ben Fulford Tells the Whole Story of NESARA
Posted by Steve Beckow
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May 26, 2010
The Peonization of Labor: The Argentinian Experience
Posted by Steve Beckow
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May 23, 2010
Article Icon Thirty-Two States are Now Officially Bankrupt; $37.8 Billion Borrowed from US Treasury to Fund UI
Posted by Steve Beckow
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May 21, 2010
Matt Taibbi: Goldman-Sachs – The Great American Bubble Machine
Posted by Steve Beckow
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May 20, 2010
Article Icon Bankers Jailed, Sued as Iceland Seeks Culprits for Crisis
Posted by Steve Beckow
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May 17, 2010
Article Icon The Global Economic Crisis: The Great Depression of the XXI Century
Posted by Steve Beckow
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May 14, 2010
Article Icon Michael Hudson: Wall Street’s War Against Main Street America
Posted by Steve Beckow
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May 10, 2010
Article Icon Saul: The New Worldwide Monetary and Financial System
Posted by Steve Beckow
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May 8, 2010
Article Icon Julie Redstone: Another 'House of Cards': the Demise of Economies of Excess
Posted by Steve Beckow
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May 7, 2010
Article Icon Mother of All Bubbles: Huge National Debts Could Push Euro Zone into Bankruptcy
Posted by Steve Beckow
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April 27, 2010
Article Icon Matthew Ward on Illuminati, Goldman Sachs, Icelandic Volcano, Polish Plane Crash
Posted by Steve Beckow
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