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Luke_Wilbur

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Everything posted by Luke_Wilbur

  1. Also, John tell me more about the financial overthrow of Greece, Italy. It appears France may be next.... I can't stop thinking about my family's Spanish, Scottish, Slovakian, and Irish homelands. And May the Lord Forbid it coming to the United States of America. We as a PEOPLE need to know actually where the wealth comes from. What is the secret formula? (Coke reviewed their secret recipe). Special thanks to the Discovery, History, PBS for putting the pieces together. And CBS 60 Minutes should be given extra applause for revealing the cronyism going in the halls of the United States Capitol Building.
  2. The way the Federal Reserve behaves in disclosing information that is of the interest of the WE THE PEOPLE, if nothing is done with them it can be assumed that there could be a overthrowing coming to the United States of America. In the a Financial Dictatorship in the form of bribing and extorting our executive, legislative, and judicial branches and public servants. I challenge every global citizen to telephone the Federal Reserve Board of the United States and 011+1+202+452+3204 Ask the following queston: If the Federal Reserve Board for the United States answers, I challenge every American to post what response they get everywhere. It means every place where people can connect to it using all forms of media. And please share what you found out here on DCMessageBoards.com,
  3. According to Wikipedia, Federal Reserve Board of Governors, the Federal Reserve is independent within government in that "its monetary policy decisions do not have to be approved by the President or anyone else in the executive or legislative branches of government.
  4. A friend I admire and respect replied... I responded... this was in the light of day. Did you read the Vatican's statement? http://www.news.va/en/news/full-text-note-on-financial-reform-from-the-pontif VATICAN QUOTE This process must also involve the emerging and developing countries in defining the stages of a gradual adaptation of the existing instruments.In fact, one can see an emerging requirement for a body that will carry out the functions of a kind of “central world bank” that regulates the flow and system of monetary exchanges similar to the national central banks. If you have time watch the CSPAN video and see how coherent his response to other questions. But, when it came to the soldier's question on the Federal Reserve's response to One World Bank, like a true politician, Bernanke responded without answering the question. He could have stated, "The Federal Reserve's position is not to adapt to One World Central Banking system. One world bank is a fear. As we can see it was difficult to even get a small snapshot of what the Federal Reserve was doing during the financial meltdown. And what was revealed was not good at all. Now imagine the difficulty of having a UN mandated bank. The oversite would be nil. In reality banks would have complete control of the world. My friend replied... Luke, I don't doubt that some want a one-world bank. I just suggest that nobody of consequence in our government agrees. Moreover, our government is so divided this sort of initiative could never get close to passing. There is no doubt that our economy is highly connected to the EU economy, and vice versa. There is also no doubt that contagion impacts us and our institutions. But no US politician could possibly support moving away from the dollar as our currency, or globalizing our central financial institutions. Neither party supports this, and our divided government would never pass this. No matter what the Vatican says, or wants. I responded... I must remind you that the Federal Reserve was created in secret. How can you or and I know the position of our legislators. Did you watch 60 minutes this Sunday. [/url] I just telephoned the Federal Reserve Board of Governors and asked for clarification of their position. Their number is 202.452-3204 I stated at this time of unease it would be good PR to state they are and plan to be only the Central Bank for the United States. And not for the rest of the world. You are a journalist. Use your power and ask. If they contact me I will tell you. If you get a response, then please do me the same courtesy : ) A second good friend responded... I'm more concerned the Federal Reserve is "cozying" up to the military, that is not a good sign................. And the First responded... Luke, I'm just saying our government cant agree on anything, so there is no chance they will all agree on something of this magnitude, or something this politically unpopular. Also, I haven't been a journalist for a long time. Yes, I saw 60 Minutes, and it was highly offensive.
  5. http://www.c-spanvid...rogram/302618-1 Ben Bernanke on the Economy and Financial LiteracyNov 10, 2011Federal ReserveFederal Reserve Chair Ben Bernanke held a town hall meeting with military families at Fort Bliss, Texas. Topics included the state of the U.S. economy, fiscal sustainability, the European debt crisis, and financial literacy. Go to the video.00:22:1523 sec. My problem with the Fed Chair response is that he did not answer the question. The only thing I got was a lesson on how our government is responsible to pay any debts our States default on to the Central Bank. The European Union does not have the same system in place. The EU Central Bank is not a government, so it is not responsible to pay that defaulting member country's debt. Bernanke failed to answer the Vatican "One World Bank" question. The Chairman of the Federal Reserve should be able to clearly state an answer. I just hope we do not have another Jekyll Island story where our leaders meet in secret and create one Central Bank of the World.
  6. http://www.c-spanvid...rogram/302618-1 Ben Bernanke on the Economy and Financial Literacy Nov 10, 2011 Federal Reserve Federal Reserve Chair Ben Bernanke held a town hall meeting with military families at Fort Bliss, Texas. Topics included the state of the U.S. economy, fiscal sustainability, the European debt crisis, and financial literacy. Go to the video. 00:22:1523 sec. My problem with the Fed Chair response is that he did not answer the question. The only thing I got was a lesson on how our government is responsible to pay any debts our States default on to the Central Bank. The European Union does not have the same system in place. The EU Central Bank is not a government, so it is not responsible to pay that defaulting member country's debt. Bernanke failed to answer the Vatican "One World Bank" question. The Chairman of the Federal Reserve should be able to clearly state an answer. I just hope we do not have another Jekyll Island story where our leaders meet in secret and create one Central Bank of the World.
  7. This is a sad moment for Joe Paterno. My dad and I would watch Penn State vs. Maryland every year. 60 years is a long time to coach. I just shocked in disbelief.
  8. Hope you do not back Rick Perry. After the last debate he needs to step out of the race. What is weird is that he piloted C-130 Hercules cargo planes, which takes intelligence. But, he just does not appear to be the one who can fix our broken economy.
  9. It appears that people of Jewish Faith do not believe in it...
  10. Occupy DC needs to stand down with using children as shields. http://www.youtube.com/watch?v=CguFPFJAqlA
  11. Visit the gallery. http://www.dcpages.com/gallery/Capitol-Hill-Star/
  12. What is wrong with saying, "Allahu akbar, " translation "God is great?"
  13. Here is the coin of Herod the Great 37 – 4 BC with the six pointed star.
  14. I took my kids to Occupy McPherson square this Sunday afternoon. I saw a tent with an Gandhi avenue address. I wonder if they are getting into a mail system. The people tend to be very kind. Some of the occupiers invited my boy to carve pumpkins with their kids next to the General McPherson statue. Overall the appearance of the place looks about the same, although more hunkered down for the cold weather ahead. Had an interesting conversation with the librarian at Occupy McPherson (Yes they have a library). He believes that outsourcing is not the reason we have unemployment. Rather it is technology that is replacing our workforce. I told him that I believe that both factors were at play. When the topic of currency manipulation came up, he explained that all banks are at fault and we should have no currency at all. Another woman joined in an explained that we should have multiple trade currencies not affiliated with banks. I asked her if she ever used Paypal. She stated that she knew of it and left the conversation. I observed a group of senior citizens being given a tour of the area. Their church clothes stood out in a backdrop of people that have camped out for a few weeks. They seemed to enjoy the enthusiasm of the occupiers.
  15. Too many progressive and conservative extremist want their way or believe "your against us." There was once middle ground between sides. I want a leader in the House and Senate that will compromise. Nancy Pelosi is extreme. John Boehner is extreme. Harry Reid is extreme. Mitch McConnell is extreme.
  16. I am going to contact this Equestrian Order of the Holy Sepulchre of Jerusalem. Maybe they can shed light on the Star of David's actual origins. LIEUTENANCY LIEUTENANT: 24-10-2002 H.E. Ronald G. PRECUP, KC*HS 4123 North Richmond Street ARLINGTON – VA , 22207-4814 USA GRAND PRIOR H.E. the Most Reverend Edwin Frederick O'BRIEN Archbishop of Baltimore 408 N. Charles St. BALTIMORE, MD - 21201 USA http://www.vatican.va/roman_curia/institutions_connected/oessh/index_en.htm
  17. Imagine turning our nation's garbage dumps into an oil mecca. This man's device converts a kilogram of plastic to one liter of fuel. Gas, Diesel, Kerosine. Imagine skimming all the plastic and Styrofoam floating in our oceans can be skimmed into fuel. People are going to get rich, because of this idea. Spread this idea everywhere.
  18. The Decline in Manufacturing has been going on 40 years now. No Republican or Democrat has changed the decline. This last decade we have seen a much steeper decline due to the opening of outside markets. This decline coupled with increasing government debt is spiraling our economy downward at an accelerated rate. If you add to those two factors the fact that Republicans and Democrats are not working together has created a government that can no longer legislate a solution to the problem. This means Harry Reid and Mitch McConnell need to step down from their governing positions. This means John Boehner and Nancy Pelosi need to step down from their governing positions. Both sides of the aisle need to caucus and get new leadership withing the already elected body that want to work on solutions.
  19. The Homeowner’s HOPETM Hotline provides free, comprehensive foreclosure assistance and housing counseling services around-the-clock. Call now to get assistance with questions you might have about getting help with your mortgage and to see if you qualify for the Making Home Affordable® Program.When you call 1-888-995-HOPE (4673) your call is answered promptly, 24 hours a day, 7 days a week, 365 days a year, in over 170 languages. You will have the opportunity to speak live with a housing expert. Be Prepared Before You Call In order to assist you, the housing expert will need to gather some information from you. Have the following documents handy: Information about your first mortgage, such as your monthly mortgage statement. Information about any second mortgage or home equity line of credit on the house. Information about the monthly gross (before tax) income of all household members contributing to pay the mortgage, including recent pay stubs if you receive them or documentation of income you receive from other sources. Information about your savings and other assets. Account balances and minimum monthly payments due on all of your credit cards. Account balances and monthly payments on all your other debts such as student loans and car loans. Your most recent income tax return. It may also be helpful to have: A letter describing any circumstances that caused your income to be reduced or expenses to be increased (job loss, divorce, illness, etc.), if applicable. I Am Working with My Servicer on a Modification and Need Extra Help If you are currently working with your servicer on a Making Home Affordable Modification and have additional questions or need assistance following up with your mortgage servicer, call 1-888-995-HOPE (4673) and ask for “MHA Help” to escalate your case.
  20. Banks and Corporations need to invest in the United States Business community other than themselves (that includes buying your shares back). The goal would be to stimulate American manufacturing and independent small businesses. They should get a one time amnesty tax of 3% if they invest 100% of their money not being claimed as sitting in the United States (Even though we know it is). 6% amnesty tax break if they invest 75% or more in US Small Business. 9% amnesty tax if they invest 50% or more in US Small Business 12% amnesty tax if invested 25% plus in US Small Business. 15% amnesty tax if invested 10%+ in US SB 18% amnesty tax if invested = 8%+ US SB 21% amnesty tax if invested = 6%+ US SB 24% amnesty tax if invested = 5%+ US SB 27% amnesty tax if invested = 4%+ US SB 29% amnesty tax if invested = 3%+ US SB 31% amnesty tax if invested = 2%+ US SB 33% amnesty tax if invested = 1%+ US SB The corporation or individual gets no amnesty if they make no USA investments. The proceeds would go straight into U.S. Infrastructure and Small Business Loan programs.
  21. Do you think the world is at the right mental state for this? It seems to NWO apocalyptic. http://press.catholi...10.2011&lang=it PRESS CONFERENCE PRESENTATION OF THE NOTE Pontifical Council for Justice and Peace: "FOR A REFORM OF THE INTERNATIONAL FINANCIAL SYSTEM IN THE PERSPECTIVE OF A PUBLIC AUTHORITY universal jurisdiction", 24.10.2011 PRESS CONFERENCE PRESENTATION OF THE NOTE Pontifical Council for Justice and Peace: "FOR A REFORM OF THE INTERNATIONAL FINANCIAL SYSTEM IN THE PERSPECTIVE OF A PUBLIC AUTHORITY universal jurisdiction" At 11.30 am this morning, in the 'John Paul II Hall of the Vatican press office, is presented with the Note of the Pontifical Council for Justice and Peace: "To reform the international financial system from the perspective of a public authority with jurisdiction universal ". Speakers at the press conference: the Em. Kodwo Peter Cardinal Appiah Turkson, Chairman of the Pontifical Council for Justice and Peace, Archbishop Mario Toso, secretary of the Pontifical Council, Prof. Leonardo Becchetti, Professor of Political Economy, University of Rome "Tor Vergata". On 3 and 4 November next, in Cannes, France, will be the sixth meeting of Heads of Government of the G-20, which will meet to discuss major issues concerning the economy and world finance. The Holy Father and the Holy See follow these issues with great attention and constantly exhorting and encouraging not only "the action together," but an action based on a "clear vision of all the economic, social, cultural and spiritual "(Preface). In this spirit of discernment, the Pontifical Council for Justice and Peace, through a note, and shares offer a contribution that can be helpful for the deliberations of the G-20, called for a reform of international financial and monetary system in perspective a public authority to global competence. In the encyclical Pacem in Terris, 1963, Pope John XXIII, had somehow predicted the current globalization in the sense of gradual unification of the world. And in this regard, he felt the need to harmonize policies to progressively larger power needs of the human community (cf. Pacem in Terris, 70). As a result of this understanding, John XXIII called for the formation "world public authority" (ibid., 71-74), which was able - without harming the legitimate sovereignty - always to give priority to political and legal dialogue of reason over violence , given in terms of conflict or social injustice, both in terms of war waged. It is known that the Church, when it intervenes to speak on the social question, it moves on the floor of his expertise in ethics and religion. Therefore, if it addresses the current crisis in the monetary and financial system does not intend to go into purely technical issues, while not ignoring them. In particular, in the reflections of the Pontifical Council is offering a reinterpretation of the serious economic and financial crisis in which we are still immersed, indicating, among other causes, not just ethical, but more specifically ideological ones. This is neo-liberal ideologies, which neoutilitariste and technocratic, while flattening the common good of economic, financial and technical exaggerated, jeopardizing the future of democratic institutions themselves. 3 It should be noted that the considerations presented by the Pontifical Council does not demonize all the money and capital markets, but consider them a "public good": 6 fundamental good then, but not good or ultimate end. For this, they must be functional and ministerial to the realization of the universal common good of the human family, thanks to guidance offered by the various subjects of social policy and civil society, both nationally and internationally. the G20 does not respond fully to the logic of what should be the United Nations. The countries that make up the G20 can not be considered representative of all peoples. Although expanded, the G20, as is well known is not the UN, is always limited and that an informal forum, among other things, shows the loss of efficiency is more expanded. At the present state of things, the G20 lacks legitimacy and a political mandate from the international community. To this we must add that, not changing the situation threatens to delegitimize or to replace the de facto international institutions - such as the International Monetary Fund, World Bank - which, although in need of deep reforms, are able to represent in an institutional manner all countries and not their small number. What, therefore, should be done as soon as possible, the second also say the same G20 leaders, in the Final Declaration of Pittsburgh in 2009, is that you have to have a political thought more appropriate and, finally, put his hand to the reform of ' "global architecture" can not be postponed to meet the needs of the common good of the 21 st century. And that, following "creative and realistic ways that tend to enhance the positive aspects of existing institutions and fora," 11 best, so take that structure and mode of a typical universal jurisdiction, according to the principles of solidarity and subsidiarity, as well as representation. It is therefore necessary to reflect changes on existing systems and on the possibility of achieving one or more institutions that perform "functions of a sort of" global central bank, "to regulate the flow and the system of monetary exchange, like the national central banks rediscovering the underlying logic - the logic of peace, coordination and common prosperity - which led to the Bretton Woods Agreements... STATEMENT BY PROF. LEONARDO BECCHETTI The good thing about crisis is that they are both moments of great opportunity. The global financial crisis is an opportunity to reform the architecture of the global financial system, strengthen the European Union in terms of harmonization of fiscal policies is progressing more quickly towards the goal of political unity, increase discipline policies national tax. The Vatican document focuses on two key issues: i) build a framework of rules of global governance that if you make a frame for the action of global institutions; ii) reform the international financial system with a series of specific proposals. On the first point, the global governance is urgently needed to overcome the asymmetry of the globalization of markets and global institutions and rules that remain predominantly national. Globalization makes us increasingly interdependent and makes it virtually impossible to ignore the problems of other countries once far: stabunt simul simul cadent. Only a few examples, there are six fundamental elements of interdependence between economic and financial systems: i) the U.S. debt crisis is a problem that concerns not only that country but savers around the world who invest in it and among the first large countries like China which has invested in Treasury securities a substantial portion of their reserves, ii) the debt crisis and the likely reduction of Greek nominal value of government securities in the country (between 20 and 60 percent) will result in serious losses survey of French and German banks that had invested more in that financial asset; iii) the presence of a huge mass of poor and underprivileged in the world, willing to work at wages much lower than those of our employees equal qualifications, protected and unionized, represents a formidable threat to the maintenance of the welfare levels of high-income countries, iv) exit the euro would have serious consequences not only for developing countries but also for Germany itself, which for years has enjoyed the advantage to export their goods to market without the cost of the eurozone countries the appreciation of its exchange rate, and v) the coordination of central banks is now increasingly important in a globally integrated world and developing countries have complained several times recently expansive monetary policy that the American and European central banks (quantitative easing) exported inflation in their countries, vi) for some time in the meetings of the G-20 is trying to coordinate the policies of the countries in deficit and surplus of those trying to encourage the latter to adopt more expansionary policies to boost demand in the world... And 'return key finance the real economy. To do this you must: i) reduce the leverage of banks too big to fail (30 to 1 leverage and mismatch between current liabilities and long academic activities are among the main causes of spread of the subprime mortgage crisis in the world). ii) to adopt the so-called Volckerrule that prevent banks from doing proprietary trading with customer deposits. iii) more strictly regulate the derivatives market as insurance instruments that arise. In the real insurance policies you buy if you are in possession of the underlying financial markets and to ensure this happens in no more than 5 percent of cases. There exists here an EU proposal to achieve this goal with respect to credit default swaps on the bonds. A fourth proposal concerns the establishment of a tax on financial transactions for the reasons explained in the paragraph that follows. It 'should ask why the position of economists and civil society (a majority in favor of the EU) against the tax on financial transactions has changed dramatically in recent years. Last year, 130 Italian economists have signed an appeal on his behalf that have been gathered together in the same appeal in 1000 of 53 countries the economists delivered to the finance ministers of the countries of G20in Summit held in Washington on 14 and 15 April 2011 (figures are among the signatories of the first order such as Dani Rodrik, Tony Atkinson, Joseph Stiglitz and Jeffrey Sachs) (http://www.guardian.co.uk/business/2011/apr/13/robin-hood-tax-economists-letter). There are two reasons for this change of opinion: the events of the global financial crisis and more evidence on that has helped to overcome some prejudices. With the global financial crisis on public finances of some major Western countries have been severely weakened to save the banks and subsequently became the new target of speculative attacks. A part of the financial world has so privatized profits, socialized losses and then used the public funds used for their rescue against them saviors. And 'therefore understandable that the majority of public opinion is of the opinion that those who work in the financial markets should help pay the costs of this crisis, for now sheltered on the most vulnerable. From this point of view the FTT responds to an elementary requirement of justice is indeed urgent and seen the most recent events to maintain social cohesion in the Community. The second reason for the increased fee was established by the passing of an injury. Until recently it was considered that it was not applicable if the global pain of capital flight from the country who decided to put it into force. This bias is unfounded because there are today, as documented in a research project of the International Monetary Fund, with 23 countries that unilaterally apply the fee (no more than a contract note) without there having been no capital flight (T. Matheson , Taxing Financial Transactions. Issues and Evidence, IMF WorkingPaper No 11/54, March 2011, 8). The country with the highest fee that applies is the UK StampTax the Duty of a single type of asset (tax of 5 per thousand holders of shares listed on the London Stock Exchange). The fee allows you to raise about 5 billion pounds a year. This evidence because of the introduction of the tax proposal Barroso at EU speaks of "harmonization" at European level of taxes on financial transactions and not of their introduction. London has its own tax generated an interesting example of avoidance: the fee for not paying some of the workers left the stock market to build new OTC derivatives (contracts for differences) consisting of bets on changes in share price. Interesting to note, therefore, that the tax has separated into two different markets really interested to invest in equity securities of companies and operators who play variations on short prices. This type of avoidance is already implicitly considered in the proposed Barroso extending the taxation of derivatives (and thus also to contracts for differences). They can also be countered by banning the contract for differences as it does on a secondary market like the United States. The scientific level, there are numerous works that measure the elasticity of the volume of transactions similar to the introduction of taxes rather than highlighting factors such content and do not support the hypothesis of capital flight. Another reason for which the flight can not happen is that the very high frequency operations to benefit from an advantage of proximity to the physical location of the bag from which the information via the internet (New York Times (2009): Stock Traders FindSpeedPays, in Milliseconds). Move away from the main markets operations would involve the loss of this advantage. Another objection is unfounded is the impact of the tax cost of capital. To set the rate proposed by Barroso calculations based on models of the capitalization of expected future asset values ​​show that this cost is almost zero (see again Matheson 2011). The other objection that the tax decrease the liquidity of markets is also questionable. How much cash do we need? Dean Baker in his commentary on the subject says that the tax would bring us back to transaction costs and liquidity than ten years ago, that a most flourishing period of what we are experiencing The truth is that there is no firm evidence on the effects of tax on cash but only a series of different models that are opposite results depending on the type of microstructure of financial markets and the assumed model of competition between intermediaries. Summing up the four main objections to the institution of the fee (if it can not be imposed on a global level, there would be no revenue for capital flight, tax increases significantly the cost of capital, the tax reduces market liquidity) are false or unsubstantiated or anecdotal evidence (the first two) or for lack of evidence (the latter two). For the above transaction tax (although not of course the panacea for all ills) may represent an important step in that rebalancing of the relationship between financial institutions and other reforms that can help to prevent new financial crises advocated by law-Dodd Frank Vickers or the Board in the United Kingdom (Volckerrule, deleveraging of intermediaries too big to fail, penalizing capital requirements for riskier than ordinary credit) and the restoration of confidence on the part of civil society in the institutions Financial we urgently need.
  22. The reviews of the Government Accountability Office revealed that financial disclosure of the financial transactions of the banks board members is hidden from the general public. The Federal Reserve needs to be more transparent and no longer allow conflicts of interest.
  23. Silver dirham (Arab currency) of Saladin with 6 pointed star. Born in Tikrit, Iraq, Saladin, as he is known in the West,was a Kurd; his Arabic name is Salah ad-Din Yusuf. At the age of14 he joined other members of his family (the Ayyubids) in the serviceof the Syrian ruler Nur ad-Din (1118–74). http://www.britishmuseum.org/explore/highlights/highlight_objects/cm/s/silver_dirham_of_saladin.aspx
  24. Here is a little flyer I made up. I will spread the word.
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