The Merchants of Menace

                                       The Merchants of Menace

The quality of mercy is not strained.
It drops as the gentle rain from heaven
upon the place beneath. It is twice blest:
It blesses him that gives and him that takes.
The mightiest within the mightiest; it becomes
the banker better than his yacht, houses and credit cards.       

 Or his interceptor that shows the full force of his financial power,
the attribute to win awe and respect,
wherein doth sit the want and fears of presidents.
But mercy is above, all the interest paid;
it is enthroned in the hearts of rulers;
it is an attribute of God himself;
and earthly power doth then show like God’s
when mercy seasons payments made


Today the bankers got their pound of flesh,
taken without a drop of their debtors blood,
by trickery and stealth they sold the bond anew,
Conditioning that only bankers would on forfeit be paid,
Today their massive bonuses just keep on rolling in
thanks to discarding rules that friendly politicians gave       

 The few over the many have once again prevailed, 

taking food from mouths of babes never leaving just a scrap,
So the world does bleed and people to riot make,
Named and shamed by the media all clapping all in glee,
whilst the financiers continue in their golden silent anonymity
Their selfish genes now in confidence grow;
Sneering at the masses all suffering down below,
but altruistic genes will in their off springs grow.


 

The United Nations helped to free Libya now let it build a great Libya.

The United Nations helped to free Libya now let it build a great Libya.

 

Libya can be a beacon of light for human rights for the rest of the world if it is built on altruism.

 

This was an Altruistic United Nations action, and this is an example of how working with the United Nations can achieve more than working alone.

 

It is now up to the United Nations to provide all the help Libya needs to build an altruistic great nation where everyone is free to worship God in their own way. Even atheists worship God because they believe that the Universe is “fine tuned” and today atheism is just another religion evolved by humanity.

 

Every atheist and every religious person can unite to worship God because the we all share the knowledge of Altruism and today this is a scientific fact.

It is the best definition of God,  for God is Altruism and the Devil is our selfish genes.

We can all unite by being Altruistic because Jesus, Mohammed, and Science, all teach altruism.

We are all evolving into altruistic beings and we all need governments that allow this to flourish.

Peter Baxter

31 Springate Road, Southwick, Brighton, BN42 4LF

 

PS The universe is fine tuned is a statement from NASA after photographing the universe and finding that the universe is mainly flattish impossible according to science.

President Obama Slave of wall street

Collateralized debt obligations (CDOs) are a type of structured asset-backed security (ABS) with multiple “tranches” that are issued by special purpose entities and collateralized by debt obligations including bonds and loans these were sold as triple A investments when the sellers knew they were Bad debts.

 Credit Default Swap (CDS) is a form of insurance that protects the buyer of the CDS in the case of a loan default. If the borrower defaults (fails to repay the loan), the lender who has bought traditional insurance can exchange or “swap” the defaulted loan instrument (and with it the right to recover the default at some later time) for money – usually the face value of the loan.

 The lenders used CDS to insure themselves against any CDOs defaulting

All the money gained by using the CDS went in the pockets of the banks

 I think a legal case should be brought against the finance companies becuse these CDS should have been paid to the homeowner because they had paid for them within their mortgage repayments.

This matter should be resolved in court .

 Put simply bad debts where sold as triple A investments when people who sold them knew they were bad debts. They insured themselves against any loss.

This insurance was by the borrower, and the financiers  pocketed all the money paid out by the insurance company for the borrowers subsequent loss.

This is the biggest scam in the history of the world. This led to the collapse of the Worlds Markets. It makes the rioters who followed this fraud look like altar boys.No one has been brought to Justice for this,  their punishment was to be rewarded with tax payers money and even bigger bonuses.

 

There is an estimate that these Bankers spent over 10% of their considerable incomes on vice , drugs, and prostitution and this was all paid for by their companies on company credit cards and I think if the serious crime squads worldwide seek the truth, we can still get some justice from these crooks remember it was tax evasion that brought down Capone. We can get them for expenses fraud. unfortunately I understand the head of prostitution was given immunity from prosecution provided she kept dumb. However a team of auditors can correct this.  

  This corruption of the banks can be compared to the Capone era.

 President Obama came to power promising to bring the villains to justice so far he has just reappointed the people who were in financial power under Bush and it is more of the same.

 President Obama has become the slave of Wall Street. Why?

 

How to solve our Worlds Economic woes.

         How to solve our Worlds Economic woes.

 

 

The problem with all our world economic problems was caused by the collapse of the housing market brought on by corrupt banks swindling their customers.

This can never be solved by governments pouring Taxes to prop up these Banks.

 

What we need is a stimulus to the worlds housing markets and I would do this in two ways.

First give tax incentives to builders and make land available from government land for redevelopment.

 

Secondly; we need mortgages which guarantee the buyer that in the event of a collapse in his house price, the difference will be paid upon sale of that property to the buyer. A new type of insurance protected mortgage also more availability of unemployment/sick protected mortgages.

These can be government protected like the Banks are government protected and I would make these mortgages freely available throughout all the banks and building society’s.

 

Any costs involved could be paid for by selling off all social housing and put everyone on social housing onto this scheme.

 

This scheme will within five years have the economies of the entire world growing again.

It will also bring confidence back to the financial markets immediately.

 

It is possible to build eco friendly houses for around 50,000.  if government land is freed up for this,  we can look forward to prosperity for everyone as property prices inflate.

Also with New eco friendly homes and societies we can insist that everyone who is on the scheme lives to agree behavioural standards. 

Obviously people who don’t want this can do their own thing.

 

Peter Baxter

Name & Shame

Rob a bank and you get 10 years The Bank robs you and they get a seven figure pension.

Factors that contribute to rioting are population size, the breakdown of respect for social order, poverty, the lack of opportunities for personal advancement and Debt.

Today the people that led the world into debt by their corrupt practises within the Banking, Insurance, and Financial sector have been reappointed by President Obama to head his financial team. No one has been brought to justice for the debt all the world is now paying and rioting about.

All the banks had AAA status just before they collapsed from Standard and Poor the same people who have just downgraded USA economy?

University Professors who advised the governments were working without declaring their paid interest for these corrupt banks etc. just before the crash.

If you check the facts you will find a transfer of wealth from the poorest to the top one percent and these crooks are still running all our economies.
This was achieved by getting companies like standard and poor to give false assessments of bad debt which was then sold to our pension funds.
Whilst ever these crooks go unpunished and are rewarded by huge golden handshakes riots will get worse.

We all have a remedy it is your vote and a free press. Make sure you give it wisely and all the politicians who supported crooked bankers, insurance companies, are swept from power. The press should name and shame them.