Monday, July 20, 2009
Sunday, July 19, 2009
Sunday, July 19, 2009
Due to the fact that Goldman Sachs is currently the favorite of Washington they are raking in massive profits during a time when most banks and brokerage firms are struggling for survival.
Due to a very successful second quarter, Goldman has set aside $226,156 per employee in compensation – a 75% increase per employee. That means annualized compensation could be $1 million per employee for the year. We find this of great interest inasmuch as the recently converted bank received a $10 billion taxpayer bailout via Goldman’s connections in Washington. They also received a myriad of benefits from several other government schemes over the past two years. It is nice to know that in part American taxpayers made this possible while unemployment is running on a U6 basis at 20.5%, and Americans are losing their homes by the millions.
Pay surged 75% in the second quarter and compensation and benefits costs were $6.65 billion, up 37% from the equivalent quarter in 2008.
The immense profits of 33% were mainly due to trading profits of $2.7 billion. Goldman made up 24% of the Black Box program. Program trading made up 73% of all NYSE trading.
Saturday, July 18, 2009
Bermas with the International forcaster bob Chapman on Bank holidays Gold and Silver the government eugenics the dollar devaluation the new global currency shown at the G8 by Russian president Medvedev and much much more.... Alex is not here today Jason Burmas talks with investigative journalist, author, syndicated columnist, and former communications security analyst with the NSA, Wayne Madsen. Additional guests include Dr. Michael Coffman, CEO of Sovereignty International, who appears in Alex's Endgame: Blueprint For Global Enslavement, and Wisconsin resident and Iraq war veteran Vito Congine Jr. who had a flag confiscated by police because he dared fly it upside down.
Jason Bermas Bob Dacy Chapman The International Forecaster deteriorating economy Facebook SWAT Teamed
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Thursday, July 16, 2009
Bob Chapman former stockbroker editor International Forecaster Newsletter gold silver bullion price economic storm financial crisis Red Dawn Endgame The Obama Deception Alex Jones Tv Satanic Illuminati Conspiracy Bush Obama symbolism dollar pyramid eye Lucifer Clinton reverse speech new world order alex jones 9/11 Satan symbols led zepplin Conspiritus JFK assassination
Wednesday, July 15, 2009
Sunday, July 12, 2009
“The Fed and the Treasury had hundreds of billions of dollars for banking, Wall Street and insurance companies, but they couldn’t allow borrowers, facing foreclosure, a break. That would have staved off two million foreclosures and preserved $300 billion in equity. Congress couldn’t help average Americans, only the rich. We are in the greatest financial crisis since the early 1870s or the 1930s. These people have ravaged the financial and economic world and they are still in complete control of the system. That is because they have bought Congress and they have created a revolving door between NYC and Washington. Last year, banking, securities and investment firms gave $154.9 million in political payoffs. Real estate interests stuffed $136.7 million into politician’s pockets; commercial banks gave $37.1 million and hedge funds $16.7 million, for a total of $345.4 million. This is why campaign contributions have to end along with lobbying. When are Americans going to wake up to what is being done to them?
It is only a matter of when before there will be insufficient buyers of Treasuries to fund bond issues. We believe this has previously happened from time to time and that buying by the Fed from offshore accounts has held the market up. This we believe is why the Fed doesn’t want an audit. When foreign central banks stop buying, the Fed will monetize more and more as they are currently doing. They will be buying $3 trillion worth of Treasuries, Agencies and CDO toxic waste from banks over the next three months.
On June 5th, we saw the 2-year and 10-year Treasury yields spike as the Fed lost control of the market. We noted the actions at that time. It won’t be long before most long dated paper, that is over 5 years, will have to be monetized in a very big way. That also means interest rates will continue to move higher. We believe the treasury will be in the market for $1.2 to $1.5 trillion. That means the Fed may have to buy $600 billion to $1 trillion in Treasuries. They have already committed for $300 billion. It is hard to know exactly what this private corporation is up to because much of what they do is in secret. As rates rise it becomes very difficult to finance mortgages. At a 5.5% mortgage rate, 80% of pending and future mortgages cannot be consummated.”
Saturday, July 11, 2009
BOB CHAPMAN ON ALEX JONES 10 JULY 2009 :Bob Chapman was back on Alex Jones Show talking about global economics politics , jobless numbers credit cards defaults car debt home debt economic collapse the carbon tax , corporate personal and governmental debts always on the rise ...and the government wants people to spend !! ! birth death ratio unemployment numbers manipulation , the FBI arrested an ex Goldman Sachs who is allegedly stole a coded program that allows to read the market , this program originate from the government , the New York Stock Exchange has another program that pays the market makers to manipulate the market ...Goldman Sachs admits that this algorithms allow you to read the markets , a timing mechanism between trades which allows you to pick a penny here and there and make millions at the end of the day , this is called "Salami Slicing " amongst the insiders ..Gold and Silver is your best hedge to save your earned savings, that's your only salvation said Bob Chapman ....
bob chapman alex jones ron paul rand paul obama g8 politics news new world order jim rogers max keiser marc faber gerald celente peter schiff conspiracy cheney wayne madsen russia medvedev afghanistan wall street stock market bailout stimulus tea party russia today bernanke paulson federal reserve economy depression recession inflation hyperinflation lew rockwell tom woods
Monday, July 6, 2009
Bob Chapman on Power Hour 06 July 2009Bob Chapman is back from vacation , the topics he touches today is California being broke and issuing IOUs the illegal aliens problem in Cali , a state that is used to spend like there is no tomorrow , the USA Russia tense relations despite the appearances , India joining the countries calling for an alternative to the dollar , and BOB Chapman explains how it is difficult for these countries Russia China India Brazil to get out of the dollar because they have devaluated their own currencies in order to export to the American market while building during the years large amounts of US dollars reserves in the trillions so in deep these countries do not want the dollar to collapse because this will mean a collapse of their savings as well , Cynthia McKinney imprisoned in Israel for trying to bring help to Gaza ......and as always Bob Chapman will talk about the gold silver prices stocks wall street and much much more
Friday, July 3, 2009
and of course BOB talks about the Gold and silver wall street the stock markets manipulations and much much more...
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Thursday, July 2, 2009
Category: News & Politics
CNBC Bob Chapman economic collapse depression CIA Michael Jackson unemployment Mad Money
Tuesday, June 30, 2009
June 30, 2009
As you have already seen this is a worldwide depression and no one will escape. Europe’s economy is already in a shambles as is the US economy. Inflation will rage all over the world, because every nation has created massive amounts of money and credit as demanded by US and British elitists. They have all overmedicated the patient. As the Broadway hit play of many years ago told us, we are going to have to go through a “Period of Adjustment.” Some nations will get off easier than others. There will be no decoupling and many nations could have revolutions.
Government spending and increased debt has been taken on by all countries and to in part pay for that taxes will rise everywhere. Deficits will hit records as far as the eye can see. You can’t have massive spending, massive debt and massive tax increases and expect to have growth. It is impossible.
Thus far government has been able to paper over the systemic meltdown in the financial area. They still haven’t dealt with off balance sheet and derivative losses. Even with the trillions poured into these entities it has not been enough to solve their problems and over the next few years that will become obvious.
The Treasury plans of having the fox, the Fed, take over the chicken coop is pure insanity. These are the very people who caused the problem by encouraging mis-rating, securitization and lending that defied reality. Now the Fed is to become policeman. It is really insulting and removes any sense of security from the system.
The problem of protecting consumers lies in the hands of the Fed, raters, lenders and Wall Street. Greed overcame any semblance of prudence.
The Treasury, as stated under the Constitution, should have the authority to solve financial crisis, but they cannot because the Fed has the tools to do so. Those tools have to be put in the hands of the Treasury again. It is not a cure all, but it is a step forward. That has to be accompanied by ending the revolving door between banking, Wall Street and the positions appointed in Washington, especially the Treasury.
Giving the Fed more powers to regulate is not addressing the underlying problem and shifting private debt into public debt isn’t an answer either. The main cause of the problem is leverage, securitization, and globalization and the massive use of derivatives. Free trade and globalization are the worst and have caused wage-price imbalance and stripping America of its ability to compete.
The advantages all accrue to transnational conglomerates and third world nations. This enriches the rich and takes the living standards in the US, Canada and Europe down to the levels of the third world.
Why would our president want the Fed to have day-to-day supervision over the largest bank holding companies, which own the Fed? This is the group that caused all these failures. The Fed would have a financial empire that would allow them to engage in greater corruption. It would control a financial colossus.
Then the FDIC would receive more powers to wind down whatever banks they decided would be eliminated. If large banks can be bailed out, why can’t small banks receive equal treatment? That is because the big banks want to absorb the small and medium-sized banks eventually leaving us with 20 with a monopoly in banking. This is where this is headed. We are also told many more banks have gone under than we’ve been told about. Insiders expect 500 to 800 will go under this year, not the publicly announced 35 or 45.
Thus, the Fed and the FDIC are to be rewarded for failure. They didn’t use their regulatory powers over banks in mortgage lending, rating and securitization.
The plan of the administration is a copy of the Paulson plan to concentrate more power with the Fed. They have eliminated the Office of Thrift Supervision and merged it with the Comptroller of the Currency.
They previously proposed a merger of the CFTC and SEC, which isn’t about to happen.
The litany goes on and American waits for the other shoe to drop as it falls deeper into depression. As you can see this is a struggle to give the Fed total financial control over America. It can only end in disaster.
The Fed may revamp the repo market for they fear existing arrangements could put the clearing banks in a difficult position in a crisis. As securities’ values fall, clearing banks have to demand more capital or collateral to avoid losses. In that process they could destabilize the market. Positions of investment banks are so large that a default could be fatal. The solution, of course, is that the Fed takes over the defaulted positions to keep its monopoly in tact. The two banks at great risk are JPMorgan Chase and Bank of NY Mellon, both shareholders in the Fed.
A quarter of US employers have eliminated matching contributions to employee 401(k) retirement plans since September. Most say it is temporary, but we don’t believe it.
If exports don’t pick up soon the IMF says the dollar will need to be devalued.
JPMorgan Chase & Co. is raising some balance-transfer fees on credit cards to 5 percent, the highest among the nation’s largest banks, citing increasing regulations and costs after the United States put new curbs on the industry.
The lender starts charging more in August, just as the law to curb interest-rate increases, fees, and marketing practices begins to take effect.
The credit card law President Obama signed May 22 prompted warnings from industry executives that they’d be forced to raise fees, curtail credit, and restrict consumer rewards programs. Congress heard testimony yesterday on Obama’s proposed Consumer Financial Protection Agency, which would have authority over increases like the boost JPMorgan is planning, said the chairman of the House Financial Services Committee, Barney Frank.
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Sunday, June 28, 2009
Bob Chapman In his latest article entitled The Fed is the Ultimate Zombie the International forecaster says that we have been on a road of inflation, headed towards hyperinflation, for quite some time.
"As this debacle transpires, everyone owning dollar-denominated assets will be running for the exits, all the dollars parked in foreign currency reserves will be repatriated, and the currency speculators will go to town as the Fed pumps out money in ever-increasing quantities to fund bailout after totally illegal and disgusting bailout. This will mark the start of the period during which the Much Greater Depression will be at its most severe level, and is where will we be Weimarized. You won’t know about the foreign investment until it is too late because, conveniently, like the cessation of M3 statistics by the Fed, the FTC no longer provides figures regarding foreign investment in the US."
nightmare 'cap and tax' climate change bill and takes your calls.
http://prisonplanet.tv/ [[ OBAMA SAYS CLIMATE BILL JUST THE BEGINNING!! ]]
President Obama on Friday said the global warming bill the House is debating today is only a start, not the end of efforts to control greenhouse gas emissions.
The president, after a meeting with German Chancellor Angela Merkel, also said he remains concerned about post-election violence in Iran, but did not go as far as Mrs. Merkel, who said the international community must help to identify victims who were beaten, arrested or killed by the Iranian government.
And the president said that even with attacks growing ahead of Tuesdays deadline for U.S. troops to leave Iraqi cities, President Obama said the security situation there remains dramatically improved and the key problem is political reconciliation, not violence.
Thursday, June 25, 2009
In Todays market : Gold is up Silver is up , platinum down a dollar palladium is flat , Dow Jones is down , NASDAQ is up , New York Stock Exchange is up , US dollar is up , Crude oil is up ...Bob Chapman says that Gold and Silver prices are manipulated he speaks about Ron Paul 's bill to audit the FED he then takes your calls and answers questions touching several topics especially regarding gold and silver prices and the stock market etc....
TAGS are : Rothschild NWO EU Russia Global Strike Economy Ice Warming Bombs Bilderberg Iraq Girls Rockefeller 9/11 NAU Gold Silver Alex Jones Politics
Wednesday, June 24, 2009
Mr. Chapman became a stockbroker in 1960 and retired in 1988. For 18 of those years he owned his own brokerage firm. He was probably the largest gold and silver stockbroker in the world during that period. When he retired he had over 6,000 clients.
From 1962 through 1976 he specialized in South African gold shares. He and his family lived in Salisbury, Rhodesia (now Harare, Zimbabwe) and Johannesburg, South Africa from 1970 to 1973. During that time he did a great deal of further study into the South African mining industry.
Mr. Chapman belonged to The Traders Association for 25 years. He did all his own trading. During his South African years some was done directly through Johannesburg, but 95% was done through London brokerage firms. Hence, he has extensive contacts, both in London and on the Continent.
Starting in 1967 Mr. Chapman began writing articles on business, finance, economics and politics having been printed and reprinted over the years in over 200 publications. He owned and wrote the Gary Allen Report, which had 30,000 subscribers. He currently is owner and editor of The International Forecaster, a compendium of information on business, finance, economics and social and political issues worldwide, which reaches 10,000 investors and brokers monthly directly, and parts of his publication are picked up by 60 different websites weekly exposing his ideas to over 10 million investors a week.
In 1976, after the Soweto riots, Mr. Chapman began buying North American shares exclusively for his clients. Up to that point only a handful of American and Canadian issues interested him, due to the high dividends the South African shares had paid out over the years. Between 1976 and 1988 his business surged from 1,000 to 6,000 clients, so the bulk of his business ended up being Vancouver Stock Exchange issues. For this reason he is very conversant with the quality of management, geologists, properties and traders on todays North American scene. He is well known.
From 1976 to present he has spoke and given workshops at over 200 business conferences worldwide, and has been on radio and TV hundreds of times. Until his retirement he was always judged by the attendees to be one of the top three speakers and never once was lower than first in workshops due to his vast knowledge of the mining business and his grasp of worldwide financial markets and political scenes.
In June of 1991, at the request of business associates, and due to retirement boredom, he began writing the International Forecaster.
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