I’m not sure about that working class movement regarding the Trump win: only 40% of the registered voting electorate voted for both Trump and Hillary, 9% voted third party and the remaining 51% stayed home.

This was a great article and vid, outstanding.

In 1995, MERS (Mortgage Electronic Registration System) was filed with the State of Delaware Division of Corporations (File No. 2543543).

In the late 1990s, a memo from Timothy Geithner (Clinton Administration) was sent to Larry Summers, reminding him to be sure to include the verbiage on the acceptance and use of credit derivatives by client signatories to the WTO’s Financial Services Agreement (uncovered by Greg Palast).

Then the explosion of credit derivatives usage (CDOs, Credit Default Swaps on all those CDOs, etc. — all related back to MERS, of course.)

Then we see that all those banks involved with illegal foreclosures (fraudclosures) are also involved in money laundering, e.g., HSBC, Wells Fargo, Bank of America, etc., etc.

Yes, the money laundering was involved as the easiest process to do it is through real estate, the largest business in America, and usually the largest in most countries. Not the top money earning, but a way to make bucks while doing those insurance swindles (CDSes) and multiple sells of mortgages and illegal rehypothecation (CDOs, etc.).

So naturally, HSBC does not want that 1,000 page report released in America, because it very well contains data relating back to MERS.

A convoluted money-grubbing conspiracy, and probably the largest in human history.

Much thanks to intrepid stalwarts like Mr. Malone!

Hi David, long time.

Once again, the scam is not only political.

The scam is certainly politically expedient. But the problem, from the arithmetical point of view, resides elsewhere.

Wealth inequality is built into the monetary system trhough an arithmetical transfer of property, thus wealth.

When you accept money in exchange for work, you are exchanging something you own outritght for something you do not own and owe interest on.

From the legal point of view, this type of money belongs to the Federal Reserve. Hence, it is merely lent to you for temporary use (central banks in the developed industrialised world and all members of the floating exchange mechanism use US$ as reserves).

Since governments run perpetual fiscal deficit, the money received in exchange for labor is also perpetually devalued.

Also, since government runs perpetual fiscal deficits, the fiscal burden on society can only increase. This perpetual increase manifests through ever more complex legislation and ever heavier fiscal demands.

In exchanging your time, skills and ideas for money therefore, you are ALWAYS AND PERPETUALLY at an asymmetrical purchasing power disadvantage.

Economic entities attempt to compensate this asymmetrical advantage by going into debt and trying to engage in lateral transactions like buying a house. But these are only temporary reprieves.

In this system, the owner of the currency will, eventually, divest society of wealth and property.

This is an arithmetical truism.

Why nobody talks about it is beyond me. Yet, it is simple.

Our monetary system is equivalent to playing Monopoly with the owner of the factory that produces the game and that always reserves for himself the privilege to:

Be the bank

Receive continuous supplies of notes from the factory floor

You can’t win.

In this system, your only option for long term survival is to somehow get closer to the owner of the currency. Either though merger and acquisition or as a purveryor of services to the entities that gravitate around the owner of the currency

Other than that, debt slavery is an arithmetical certainty

More on HSBC here – h/t ZeroHedge
All the plenary’s men
http://www.youtube.com/watch?v=2gK3s5j7PgA
“You see, prosecutors working on the HSBC case were actually going to indict the bank, but they got overruled, and HSBC and its team of criminals skated. The story of how exactly that reversal came about reveals, if not the King himself, then certainly many of the King’s top men.”

I too was disappointed in Caroline’s message. Am about to publish a blog which may get me thrown out of the Green Party.

Dear David, As a Green Party leadership candidate I was sorry to see you only garnered 956 votes; I left the Greens years ago, although if you had won I would have rejoined.

As a former member I received an email this morning from the Green Party, which read “We are angry, and we are sad. We’ve seen a racist and misogynist elected to be president of the US after a campaign built on fear and lies.”

Yes it was a campaign of lies, the Hilary supporting mainstream media in particular. Both UKIP and Trump are working class movements, anti-establishment and anti-globalisation, shouldn’t the Greens be supporting this instead of banging on about the fact a rich man said a rude word and bragged about enjoying intercourse? I hope Caroline doesn’t enjoy Sarah Silverman, Sex in the City or any of that ilk, as they can also be offensive and sexist.

I would be interested in your comments on the recent election of Donald Trump.

I got Saturday’s edition of the Guardian as it comes free with a supermarket card. After the working classes in America elected a president who promised to roll back globalism and protect their interests. What could be viewed as a left-wing movement, and certainly one of the most interesting developments. My fear is only that Trump will not be able to deliver on his promises, but there are soundings that he may try to reduce US support for NATO.t

I suppose that those who profit from it will cling to it by their fingernails, which will probably result in it’s eventual collapse after they have cultivated a fertile breeding ground for all those things that crawl from under stones within the resulting darkness – on the other hand, something of hope might be born.

I’m finding it hard to be optimistic at the moment, especially in terms of us all being on the cusp of the US pantomime result. I listened to this earlier, which makes sense to me & it seems that it is now much more pertinent than it was when first heard, just over 70 years ago – Viggo is a good guy :

https://www.youtube.com/watch?v=aaFZJ_ymueA&index=2&list=LLHavDAeDMMItTuPCAqIIPUA

At least Frederic Heine and Thomas Sablowski end on a positive note, that we can rebuild Europe from the bottom up as a socialist society. People have so much to gain from it, rather than this harsh neoliberal system.

I will just add this treasure trove of economic data as it might be either interesting or useful to some.

http://atlas.media.mit.edu/en/

” You can checkout any time you want, but you can never leave “.

http://www.socialistproject.ca/bullet/1318.php

Roberto Saviano is a very brave man who has put 16 Mafia bosses in jail. This is what he says about money laundering and the City of London:

He revealed his latest work of investigative reporting, Zero Zero Zero, in which he delves into the sprawling network of the global cocaine trade. He traced how the $400 billion a year generated by drugs trafficking filters into the international banking system through money laundering from Wall Street to the City of London. The cocaine trade isn’t just a playground for criminals, Saviano argued. It is part of the structure of our global economy where some of the biggest players — the banks — have profited without facing a single criminal conviction.

Journalist and author of Gomorrah, an internationally bestselling investigation of the Camorra crime syndicate in Naples. After receiving death threats from mafia bosses in 2006, he was granted a permanent police escort by the Italian Minister of the Interior. He was awarded the PEN/Pinter prize in 2011.

Video:

http://www.intelligencesquared.com/events/roberto-saviano-on-the-war-against-organised-crime/