Yesterday, the 28th of December 2012 history was made:
Welding, the CEO of Glitnir bank, Iceland, was sentenced by the reykjavik district court, for a total
of 9 months with 6 months suspended sentence, this is the FIRST (of many to come) international bankers
to be arrested for their fraudulent crimes (if by now you don't know that the banks are corrupt, and lie
and actually OWN the government (not the other way round as a lot of idiots used to believe) and are
actually owned by the Rothschild family, you should probably give up hope of ever escaping the system)
Requested were five and a half years' imprisonment on him, and five years in prison over Gudmund Hjaltasyni, former. Director of Corporate Finance. Gudmund received the same sentence and Welding.
Lara and Gudmunder had been accused of lending mile stone 102 million, which, as you all know, (seen as £1 = £10 of lending potential for the back) this money was worth at least 1 billion in market lending on the 8h of Feb 2008 (my source says it was worth 10 billion, but my past knowledge disagrees). This loan was given WITHOUT any collateral and guarantees (basically, no way of securing the loan, and no definite plan of paying it back)
The Prosecution of the case stated that the main hearing was to PROVE that Gudmund and Lara had violated the rules of the loan, and prove that they abused their position of power within the bank and this would become a serious case, this unauthorized lending of vast resources would lead to risk of financial loss for the bank, and now, the biggest part of the loan is lost.
This was kicked off by the GENERAL PUBLIC saying ENOUGH IS ENOUGH
and this revolution IS NOT BEING SHOWN ON THE NEWS IN ENGLAND OR THE US!
why?
Because they don't want us to get ideas!
ICELAND HAVE PROVED IT CAN BE DONE!
NOW ITS OUR TURN!
LIAM
OUT!
http://12160.info/forum/topics/iceland-just-sentenced-its-first-bankster-to-prison
Showing posts with label Banks. Show all posts
Showing posts with label Banks. Show all posts
Saturday, 29 December 2012
Monday, 24 December 2012
Not a day has gone buy
Without someone looking at my blog :) even on the weeks i go really inactive
Thanks for sharing the word guys!
we need to educate quickly, we have a brief period of opportunity where things will start making
sense to even the sheep, if we act quickly we can over throw the pollution and destruction of the world
Thanks for sharing the word guys!
we need to educate quickly, we have a brief period of opportunity where things will start making
sense to even the sheep, if we act quickly we can over throw the pollution and destruction of the world
Saturday, 27 October 2012
The TRUTH behind banks and money
I spend so much time talking about the banks, yet never really look at the corruption of what people THINK the banks are.
The local branches of banks (barclays, HSBC, Santander etc.) are the people that directly control our money, they see how much we earn, how much we spend, where we spend it, what we spend it on, anyone working at a local branch has access to these details (they have to be, to do there job) and even people over the phone can see your spending habits, hence when you ring up with a blocked card, they ask you questions about your spending.
But, for every pound you have in the bank, this is used as insurance to get loans ten times greater, so 1 pound is worth 10 pounds to the bank, not that special, until you get to big numbers:
If you have 10,000 pounds in your savings, this is worth 100,000 to the banks, they can loan 100,000 out to a bigger company, and when this gets paid back, and the company gets more money, (say, 100,000) this is worth ten times to the bank (so a company with a bottom line of 100,000 each year is worth a whopping 1,000,000 to the banks, this can be lended on and the cycle continues)
HOWEVER, this is not real money, nothing you can touch, its on a screen as a number, so it literally is worthless to us, yet the banks (who control these screens) each digit is worth 10 digits, but in actual paper money, there is not this much money in the world.
If every single person walked into branch and wanted to empty their bank accounts, there wouldn't be enough cash, which is why there is a limit to how much you can withdraw from the bank without notice, you have to ring them and inform them you will be coming to withdraw x number of thousands and they either order the cash in from bigger branches, or request a loan of the government that ask to get more printed by the bank of England (however, the bank of england loans this money to the government at an interest rate, it is then the governments responsibility to pay this debt, but how do they do that? by requesting more money, it is a debt we will never overcome)
so if everyone requested to empty all there savings on the same day, how much paper money would have to be in the world?
lets do the math:
say if (in England) there are 6,000,000 people living with 10,000 in savings in their accounts
that 10,000 is worth 100,000 per person to the banks
so there would have to be 60,000,000,000 (sixty billion) in cash in england at that day, in all the banks, assuming this would be paid in the majority in 50 pound notes there would have to be 1,200,000,000 (one billion two hundred million) notes in circulation. (when realistically the Bank of England say there is only 40 billions worth of all notes in circulation today, there would be 20,000,000,000 pounds missing that would need re printing, quick time )
however, if 6 million people took 10,000 out of there accounts on the same day, the government would lose access to 600,000,000,000 (six hundred billion) in one day, they would be crippled, and the value of the GBP would drop to be less than that of the Japanese yen!
how good does your money seem now?
Liam
OUT!
The local branches of banks (barclays, HSBC, Santander etc.) are the people that directly control our money, they see how much we earn, how much we spend, where we spend it, what we spend it on, anyone working at a local branch has access to these details (they have to be, to do there job) and even people over the phone can see your spending habits, hence when you ring up with a blocked card, they ask you questions about your spending.
But, for every pound you have in the bank, this is used as insurance to get loans ten times greater, so 1 pound is worth 10 pounds to the bank, not that special, until you get to big numbers:
If you have 10,000 pounds in your savings, this is worth 100,000 to the banks, they can loan 100,000 out to a bigger company, and when this gets paid back, and the company gets more money, (say, 100,000) this is worth ten times to the bank (so a company with a bottom line of 100,000 each year is worth a whopping 1,000,000 to the banks, this can be lended on and the cycle continues)
HOWEVER, this is not real money, nothing you can touch, its on a screen as a number, so it literally is worthless to us, yet the banks (who control these screens) each digit is worth 10 digits, but in actual paper money, there is not this much money in the world.
If every single person walked into branch and wanted to empty their bank accounts, there wouldn't be enough cash, which is why there is a limit to how much you can withdraw from the bank without notice, you have to ring them and inform them you will be coming to withdraw x number of thousands and they either order the cash in from bigger branches, or request a loan of the government that ask to get more printed by the bank of England (however, the bank of england loans this money to the government at an interest rate, it is then the governments responsibility to pay this debt, but how do they do that? by requesting more money, it is a debt we will never overcome)
so if everyone requested to empty all there savings on the same day, how much paper money would have to be in the world?
lets do the math:
say if (in England) there are 6,000,000 people living with 10,000 in savings in their accounts
that 10,000 is worth 100,000 per person to the banks
so there would have to be 60,000,000,000 (sixty billion) in cash in england at that day, in all the banks, assuming this would be paid in the majority in 50 pound notes there would have to be 1,200,000,000 (one billion two hundred million) notes in circulation. (when realistically the Bank of England say there is only 40 billions worth of all notes in circulation today, there would be 20,000,000,000 pounds missing that would need re printing, quick time )
however, if 6 million people took 10,000 out of there accounts on the same day, the government would lose access to 600,000,000,000 (six hundred billion) in one day, they would be crippled, and the value of the GBP would drop to be less than that of the Japanese yen!
how good does your money seem now?
Liam
OUT!
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