The People: “We Will Not Pay”

Posted on August 12, 2013 by RonMamita — 1 Comment

Of Plain Fools And Wall Street Fools

“There is a time for all things, but I didn’t know it. And that is precisely what beats so many men in Wall Street who are very far from being in the main sucker class. There is the plain fool, who does the wrong thing at all times everywhere, but there is the Wall Street fool, who thinks he must trade all the time. Not many can always have adequate reasons for buying and selling stocks daily – or sufficient knowledge to make his play an intelligent play.” – Jessie Livermore

[…]
It was the sadly departed Loews Chairman, Larry Tisch, who told me early on in my career, “forget what they tell you; just look at the numbers.” I then point to what the Federal Reserve Bank is doing. As of July 31, 2013 they have parked $1,157 billion in foreign banks as compared with $1,112 billion in U.S. banks. To me this is a telling sign. The European banks are in trouble and the Fed is propping them up. One of the consequences of tapering, when it comes, may well be less available cash for this task and then the cracks in the European banks may well blow into gaping holes.

“The game does not change and neither does human nature.” -Jessie Livermore, Reminiscences

David Cameron would like people to believe the markets lend in the same way as retail banks lend to you and I.

Overall, when the facts and figures are put into context these juvenile deficit narratives and sound bites (“mere words and no evidence”) simply fail to stand up to the actual facts. The deficit myth is the grosses lie ever enforced upon the people and it has been sold by exploiting people’s economic illiteracy.

So, David Cameron when are you going to apologise? Or rather, resign.

Which substantiates this article.

“We, the people, need to strike back at the secret deals done between the elites of the political and financial revolving door, and make it clear that we will not pay for anything about which we were not told.
Once the cry was, “No taxation without representation”.
Today the cry must be, “No debt without consultation.”

“It thus becomes vitally important for the State to use all of its powers to repress dissent, for the truth is the mortal enemy of the lie, and thus by extension, the truth is the greatest enemy of the State.” ~ Goebbels

Finally, what do you have to say about this article?

“A top Conservative Party funder is revealed today as the man behind one of Britain’s biggest high-cost lenders.

Financier Henry Angest – a friend of the Camerons and a former Tory Treasurer – gave the Conservatives a £5m overdraft facility shortly before the last General Election at an attractive interest rate of just 3.5 per cent.”

Considering the public shouldn’t even need these facilities, they are being stung for anything up to 3000% – by one of your supporters. I guess we should be pleased that you saved us from such disgusting interest rates because somehow, someway i guess we the public paid for this? While you create the environment for this elite to prosper.

What sort of people are you David & Sajid? Indeed what sort of people are most of politicians these days!

Diaspora Armenians join “We will not Pay 150 Drams” initiative

“The campaign has been joined by Armenians from Egypt, France, Scotland, Spain, Denmark, Poland and even Brazil.

Public transport fares in Armenia’s capital rose by 1.5-2 times starting from July 20. The bus fare made AMD 100 instead of 50, while minibus fare increased from AMD 100 to 150.”

Bridgewater’s Ray Dalio Warns Eurocrisis Is Not Over

Five potential issues facing Europe currently which could lead to a negative market event.

1) Financial institution stress tests could raise worries about specific banks (see chart below)

2) Plans for dealing with problematic banks could lead to Cyprus type situation

3) Portugal’s debts problem signals worries for other countries as well

4) France’s continuing debt build up could cause serious problems

5) International attention to all these problems could exacerbate the issues.
READ MORE:
http://www.zerohedge.com/news/2013-08-11/bridgewaters-ray-dalio-warns-eurocrisis-not-over
.
Remember Iceland?

“We will not pay for the bankers’ crisis”

12/04/2011

Nearly two thirds of Icelanders say ‘No!’ to Icesave deal

READ MORE:
http://www.socialistworld.net/doc/5001
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About RonMamita

Want Worldwide PEACE and Prosperity. We are the solution we have been searching for... Free People on Earth will solve our crisis and create an era of Creativity. Be Aware; Be Creative; Be Active; Be Free; and then Share it. LOVE & Wholeness AMOR y Paz