Banks/Banking

Several organisations in the UK that support Palestinians in their struggle for freedom are reported to have had their accounts frozen or closed by the Co-op Bank or been threatened with the chop.
The bank until recently was part of the well-regarded Co-operative movement and famed for its business ethics.  After running into financial difficulties it was rescued in 2013/4 by, among others, US hedge fund outfit Perry Capital which now has a seat on the board.  According to Wikipedia billionaire Richard C. Perry has served as a director of the Israel Project.

Kevin Zeese has long amazed me because of the number of things he does to make a better world. Mondays he does a radio program with Margaret Flowers called Clearing the FOG, which is one of the best alternative programs in the world, informing people of what is happening beyond the narrow scope of the corporate media.
Months before the Occupy Movement began, he was organizing activists in the City of Washington to occupy Freedom Plaza there.

While the mass media focus on ISIS extremists, a threat that has gone virtually unreported is that your life savings could be wiped out in a massive derivatives collapse. Bank bail-ins have begun in Europe, and the infrastructure is in place in the US.  Poverty also kills.

The IMF is the leading international monetary agency whose public purpose is to maintain the stability of the global financial system through loans linked to proposals designed to enhance economic recovery and growth.
In fact, the IMF has been under the control of the US and Western European states and its policies have been designed to further the expansion, domination and profits of their leading multi-national corporations and financial institutions.

Global developments in finance and geopolitics are prompting a rethinking of the structure of banking and of the nature of money itself. Among other interesting news items:

Economically speaking, in today’s world of nations-without-borders, an extraordinarily potent Transnational Capitalist Class, with no allegiance to individual nation-states, determines the fate of society at large.
However, in order to keep their “house in order,” these transnational capitalists may want to consider supporting quasi-socialist presidential candidate Bernie Sanders, aka: “The Bern.”

November 13, the United Kingdom’s Serious Fraud Office (SFO) announced it was charging 10 individual bankers, working for two separate banks, Deutsche Bank and Barclays, with fraud over their rigging of the Euribor rates. The latest announcement shines the spotlight once again on the scandals and criminal behavior that have come to define the world of global banking.

In uncertain times, “cash is king,” but central bankers are systematically moving to eliminate that option. Is it really about stimulating the economy? Or is there some deeper, darker threat afoot?

Fact: Tens of millions of Americans do not have a bank account. As a result, many of these Americans spend a reported $89 billion annually in interest and fees by using predatory services such as payday loan and check cashing services. It’s a perpetuating cycle of poverty in which the poor get poorer just by accessing their own money. Fortunately, there is an ideal solution staring us in the face. An important voice driving the conversation is Professor Mehrsa Baradaran of the University of Georgia Law School.

Ellen Hodgson Brown, a West Coast writer with a law degree, or perhaps more accurately, an attorney who likes to write in order to right, is one of the few people around who talks sense about banksters in general, central banking in particular, and the international excuse for both that prevails these days.