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The Kick Them All Out Project

Video: It's The Bankers Or Us!



The Austerity Hammer Starts to Fall on United States as Debt Consumes Europe

Alex Jones & Aaron Dykes
Infowars.com

Problem, Reaction, Solution: Derivatives, Crash, Too Big To Fail, Bailout, Nationalization, Budget Crisis, Privatization, Debt Slavery, Austerity, Evaporating Pensions, Central Banks, Big Government, World Government. It’s been quite a saga, but this economic crisis has been planned sabotage by design. The age of the Offshore Global Cartel is the age of economic warfare with the wealthy Western world. The 3rd World has largely already been brought to its knees. The remaining vestiges of national sovereignty must be eliminated and the middle class consumer society must be swept back to the feudal age by way of a tidal wave looting of living standards, cut wages & pensions, and the bread and circuses of cheap plastic goods and entertainment. The upper middle classes, the array of independent businesses, remaining lone giants and other true competition to the New World Order mafia economy system must be consolidated or dominated.

Alex Jones explains why it is the bankers or us will be free at the end of this crisis. The total cost of the derivatives is over $1.5 Quadrillion, a sum that will completely consume the world in perpetual debt, a sum that can never be repaid. It is an economic shearing, a shearing of the sheep. The economic crisis has always really been a complete transfer of power to the banking class.


Video: Keiser Report - Crash JP Morgan - Buy Silver!



96th Episode is a special 'Crash JP Morgan' edition of the Keiser Report. This time Max Keiser and co-host, Stacy Herbert, look at the call from Eric Cantona to withdraw money from the banks and at the viral 'Crash JP Morgan Buy Silver' campaign by Max Keiser. In the second half of the show Max talks to Alex Jones about Google bombs, naked body scanners and 'Crash JP Morgan Buy Silver'.

Video: Quantitative Easing Explained



This is an amusing animated video that uses text-to-speech technology to present the truth about what the Federal Reserve Bank is doing with their cronies in Wall Street with the catchy little phrase "Quantitative Easing."  They are very good at coming up with little phrases like this that seem to be describing something that's useful but in reality, the phrase is just PURE B.S. they cook up to cloak their IN-YOUR-FACE robbery of the American people.

Fraud Caused The 1930s Depression and the Current Financial Crisis



Washington's Blog

Robert Shiller - one of the top housing experts in the United States - says that the mortgage fraud is a lot like the fraud which occurred during the Great Depression. As Fortune notes:

Shiller said the danger of foreclosuregate -- the scandal in which it has come to light that the biggest banks have routinely mishandled homeownership documents, putting the legality of foreclosures and related sales in doubt -- is a replay of the 1930s, when Americans lost faith that institutions such as business and government were dealing fairly.

The former chief accountant of the S.E.C., Lynn Turner, told the New York Times that fraud helped cause the Great Depression:

The amount of gimmickry and outright fraud dwarfs any period since the early 1970's, when major accounting scams like Equity Funding surfaced, and the 1920's, when rampant fraud helped cause the crash of 1929 and led to the creation of the S.E.C.

Banks Shared Clients’ Profits, but Not Losses



Watch an animated explanation of how banks use securities lending to make a profit
at no risk to themselves, while their customers cover the losses.

By Louise Story
New York Times

JPMorgan Chase & Company has a proposition for the mutual funds and pension funds that oversee many Americans’ savings: Heads, we win together. Tails, you lose — alone.

Here is the deal: Funds lend some of their stocks and bonds to Wall Street, in return for cash that banks like JPMorgan then invest. If the trades do well, the bank takes a cut of the profits. If the trades do poorly, the funds absorb all of the losses.

The strategy is called securities lending, a practice that is thriving even though some investments linked to it were virtually wiped out during the financial panic of 2008. These trades were supposed to be safe enough to make a little extra money at little risk.

JPMorgan customers, including public or corporate pension funds of I.B.M., New York State and the American Federation of Television and Radio Artists, ended up owing JPMorgan more than $500 million to cover the losses. But JPMorgan protected itself on some of these investments and kept millions of dollars in profit, before the trades went awry.

The Big Wall Street Banks Have Found A New Way To Strangle The American People: Predatory Property Tax Collection



From the Economic Collapse Blog

It turns out that the big Wall Street banks have found a dirty new way to make loads of cash from U.S. homeowners, and they really, really don’t want to talk about it.  So what is this dirty new business?  America’s biggest financial institutions have become property tax collectors, and it is extremely lucrative.  From coast to coast, the big Wall Street banks are buying up thousands upon thousands of tax liens and are making a killing by socking distressed homeowners with predatory interest, outrageous penalties and almost unbelievable legal fees.  In some areas, the big banks are able to foreclose on these homes in as little as six months.  The elderly and the poor are the most common targets of these practices.  An absolutely brilliant expose in the Huffington Post has brought these issues to light, and it is creating quite a controversy in the financial world.  The big banks are doing nothing illegal here.  Local governments are offering to sell thousands of tax liens and somebody is going to end up buying them.  But something seems extremely unsavory about the big Wall Street banks capitalizing on the economic downturn that they were so instrumental in causing in such a predatory manner.

Today, millions of American families are barely hanging on to their homes by their fingernails.  Millions are out of work and millions of others are barely making enough to put food on the table.  Meanwhile, property taxes have absolutely soared in most areas of the nation over the past decade.  Many Americans are finding that when that time rolls around they simply do not have a big chunk of extra money to pay a property tax bill. 

So millions of American families, including many that have completely paid off their homes, now find themselves in danger of being thrown out on to the street over an unpaid property tax bill


Biggest Bank Robbery In History? More Quantitative Easing = Backdoor Bailouts For Banks Without Having To Go Through Congress



From The Economic Collapse Blog

The U.S. Federal Reserve is getting ready to conduct another gigantic bailout of the big banks, but this time virtually nobody in the mainstream media will use the term "bailout" and the American people are going to get a lot less upset about it.  You see, one lesson that was learned during the last round of bank bailouts was that the American people really, really do not like it when the U.S. Congress votes to give money to the big banks.  So this time, the financial "powers that be" have figured out a way around that.  Instead of going through the massive headache of dealing with the U.S. Congress, the Federal Reserve is simply going to print money and give it directly to the banks.  To be more precise, the Federal Reserve is going to use a procedure known as "quantitative easing" to print money out of thin air in order to purchase large quantities of "troubled assets" (such as mortgage-backed securities) from the biggest U.S. banks at well above market price.  Some are already openly wondering if this next round of quantitative easing is going to be the biggest bank robbery in history.  Most Americans won't understand these "backdoor bailouts" well enough to get upset about them, but that doesn't mean that they won't be just as bad (or even worse) than the last round of bailouts.  In the end, all of the inflation that this new round of quantitative easing is going to cause is going to be a "hidden tax" on all of us.

These new backdoor bailouts are going to work something like this....

1) The big U.S. banks have massive quantities of junk mortgage-backed securities that are worth little to nothing that they desperately want to get rid of.

2) They convince the Federal Reserve (which the big banks are part-owners of) to buy up these "toxic assets" at way above market price.

3) The Federal Reserve creates massive amounts of money out of thin air to buy up all of these troubled assets.  The public is told that all of this "quantitative easing" is necessary to stimulate the U.S. economy.

4) The big banks are re-capitalized and have gotten massive amounts of bad mortgage securities off their hands, the Federal Reserve has found a way to pump hundreds of billions (if not trillions) of dollars into the economy, and most of the American people are none the wiser.

During a recent appearance on MSNBC, Matt Taibbi of Rolling Stone did a great job of explaining how this all works....


Greedier Than Ever: Wall Street Bankers To Pocket Record-Breaking $91 BILLION Just Two Years On From Financial Crisis



By Mail Foreign Service
MailOnline

 

The payouts – 4 per cent up on last year and 24 per cent up on 2006 – come just two years after the collapse of Lehman Brothers and the near meltdown of the financial system.

A pay report by America’s Wall Street Journal shows that 26 of the U.S. financial centre’s leading 35 firms are planning to increase pay this year – even though one in ten Americans is jobless and a second recession is possible.

Wall Street firms will hand out £91billion in salaries, bonuses and perks, according to research published yesterday.

Who wants some? Traders on the floor of the New York Stock
Exchange are likely to see their pay and bonuses climb to record levels

Who wants some? Traders on the floor of the New York Stock Exchange
are likely to see their pay and bonuses climb to record levels

Video: The Secret of OZ - From the Director/Writer of the Money Masters!



The economy of the U.S. is in a deflationary spiral. Nothing can stop it -- except monetary reform.
  1. No more national debt. Nations should not be allowed to borrow. If they want to spend, they have to take the political heat right away by taxing.
  2. No more fractional reserve lending. Banks can only lend money they actually have.
  3. Gold money is NOT the answer. Historically gold ALWAYS works against a thriving middle class and ALWAYS works to create a plutocracy.
  4. The total quantity of money + credit in a national system must be fixed, varying only with the population.

Now Comes a Topper: Obama's Newest Giveaway to the Banks $50 Billion "Infrastructure" Gift to the Banks



By Michael Hudson
Global Research

I can smell the newest giveaway looming a mile off. The Wall Street bailout, health-insurance giveaway and support of real estate prices rather than mortgage-debt write-downs were bad enough, not to mention the Oil War¹s Afghan extension. But now comes a topper: the $50 billion transportation infrastructure plan that Obama proposed in Milwaukee ­ cynically enough, on Labor Day. It looks like the Thatcherite Public-Private Partnership, Britain¹s notorious giveaway to the City of London underwriters. The financial giveaway had the effect of increasing prices for basic infrastructure services by building in heavy financial fees ­ guaranteed for the banks, who lent the money that banks and property owners used to pay in taxes in more progressive times.

The Obama transport plan is like a Fannie Mae for bankers, based on the President¹s guiding mantra: Let¹s help Wall Street put Americans back to work. The theory is that giving public guarantees and bailouts will enable financial managers to use some of the money to fund some projects that employ people ­ with newly created, non-unionized companies, presumably.

Here¹s the problem. Transportation projects will make real estate speculators, the construction industry and their bankers very rich unless the government recovers its public spending through windfall site-value gains on property along the right-of-way.

What¹s the point of a party having a constituency, after all, if not to sell it out? Is not the Democratic Party¹s role to deliver labor, the minorities and the large cities hog-tied to Wall Street?
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