Part 1 of 2: Former Bank of England Monetary Committee Member Andrew Sentence once again re-iterates that the BoE should be raising interest rates, and should have done that a LOOOONG time ago.
The fact that the UK economy is in such only confirms this hypothesis. However, there will be no interest rate rise for a looong time, as it is Bank of England and Government policy to steal as much from savers as possible, to bail out feckless borrowers, in particular the government.
The aim is to inflate away the record breaking £4Trillion debt that Labour racked up – at the expense of savers who COULD save the economy, but thanks to this deliberate policy, refuse to.
If you need something, buy imports, it makes the UK’s trade balance really bad and messes the governments figures even more. Eventually the theft of savers and pension funds will cripple the borrowers.
avers and those with money in pensions WILL get back at the borrowers sooner than later.
Recorded from Sky News, 31 May 2011.
Duration : 0:12:4
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Republicans left office armed and dangerous. Will corporate owned armies dictate & stage mankind’s future for the wealthy beyond reason ? This Praetorian Guard could presage the final stage in the collapse of American democracy.
meanwhile…
GOING UP !
Top 1% share of total income
Income gap between rich and poor
Foreign debt as a percent of GDP
Age at which one can receive Social Security
Hunger
Consumer credit debt
Housing foreclosures
Severe poverty rate
GOING DOWN !
Real income
Real manufacturing wages
Percent of single women and mothers in the workforce
The bottom 40%’s share of national wealth
Older families with pensions.
Workers covered by defined benefit pensions.
The savings rate
US manufacturing jobs
ALSO…
Protest restricted/ignored
Dissenter labeled terrorist/traitor
False-flags
Elections suspect
Leaders benefit from wars/disasters
Use of propaganda/lies & partisan mass-media
Claims that War is needed for everchanging false reasons
Secret/extrajudicial/torture camps
Curtailed/suspended civil rights/liberties
Wiretap/intercept/surveillance net
Stealthily expands int’nl influence/power
Judiciary/Opposition ineffective/ignored
Legislation to defy Constitution
BTW, have you noticed that the good guys always win execpt on the news ?
Duration : 0:1:50
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http://www.StockMarketFunding.com FOMC Meeting Live at SMF Part 1
FOMC Forecasts: 2011 GDP Forecast Cut To 3.1%-3.3% From 3.4%-3.9%
USDJPY: Reversal Builds Ahead of FOMC: USDJPY is probing back above the 82.00 figure
“FOMC participants do see quite a bit of uncertainty in the world going forward.”
FOMC: No Change in Course
Live “federal open market committee” meeting for 4/27/2011 “economy” “us economy” “us economy mar 2011″ “smf street” “unemployment” “united states economy” “usa economy” “united states unemployment” inflation “stock market” “recession” “us savings rate” “unemployment benefits” “unemployment rate 2011″ “personal savings” “federal reserve” “FOMC Meeting” “financial markets” “ben bernanke” “tim geithner” “high unemployment” “economic analysis” QE2 “quantative easing” “budget cuts” “government shut down” “fiscal deficit” “2011 fiscal policy” “stock market” Obama
Duration : 0:10:44
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http://www.StockMarketFunding.com FOMC Meeting Live at SMF Part 4
FOMC Forecasts: 2011 GDP Forecast Cut To 3.1%-3.3% From 3.4%-3.9%
USDJPY: Reversal Builds Ahead of FOMC: USDJPY is probing back above the 82.00 figure
“FOMC participants do see quite a bit of uncertainty in the world going forward.”
FOMC: No Change in Course
Live “federal open market committee” meeting for 4/27/2011 “economy” “us economy” “us economy mar 2011″ “smf street” “unemployment” “united states economy” “usa economy” “united states unemployment” inflation “stock market” “recession” “us savings rate” “unemployment benefits” “unemployment rate 2011″ “personal savings” “federal reserve” “FOMC Meeting” “financial markets” “ben bernanke” “tim geithner” “high unemployment” “economic analysis” QE2 “quantative easing” “budget cuts” “government shut down” “fiscal deficit” “2011 fiscal policy” “stock market” Obama
Duration : 0:8:58
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April 1 (Bloomberg) — Bill Gross, manager of the world’s biggest bond fund at Pacific Investment Management Co., discusses the U.S. savings rate and Federal Reserve monetary policy.
Gross speaks with Tom Keene and Ken Prewitt on Bloomberg Radio’s “Surveillance.” (This is an excerpt that was simulcast on Bloomberg Television. Source: Bloomberg)
Duration : 0:3:45
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The major U.S. equity indices are trading mixed Friday afternoon, despite a global boost to markets from positive Chinese manufacturing data. Economic reports showed that personal income and spending rose above economist expectations in August. Incomes climbed at their fastest rate in eight months. The savings rate, however, also received a boost, pointing to a potential slow down in spending in the near future. Consumer sentiment was not as strong as in August, but managed to come in above expectations. In corporate news, Susquehanna downgraded Netflix Inc. (NASDAQ:NFLX) from Neutral to Sell, with a $120 price target. Shares of Amazon.com, Inc. (NASDAQ:AMZN) fell over 1.5% in early trading after McAdams Wright Ragen analyst Dan Geiman downgraded the online retailer to Hold. Geiman said: “We’re still quite favorable on the company’s prospects in the coming quarters, despite near-term headwinds related to marketing-related expenses supporting Kindle and ongoing investments to increase the company’s fulfillment capacity, as well as more difficult sales and margin comparisons.” The Dow Jones Industrial Average (INDEXDJX:.DJI) is trading 0.25% higher at 10,815.07, the S&P500 (INDEXSP:.INX) is trading 0.19% higher at 1,143.37, and the Nasdaq Composite (INDEXNASDAQ:.IXIC) is trading 0.13% lower at 2,365.56
Duration : 0:1:48
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Experts say Hosni Mubarak’s corruption and ventures led to billions. For more, click here: http://abcnews.go.com/Blotter/hosni-mubaraks-wealth-thief-big-thief/story?id=12897677
Duration : 0:2:25
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All About a Health savings account HSA 1 of 4 parts
How it came about and how it affects us all today. Follow this four part series and find out how we can begin to fix the problems we all face in the US healthcare system. Health Reform, CDHP, HSA, Simplicity Health Plans, Gregory Hummer
Duration : 0:3:59
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Technorati Tags: CDHP, consumer directed health plan, gregory hummer, Health, health reform, health savings account, HSA, News;, simplicity health plans
All About a Health savings account HSA 1 of 4 parts
How it came about and how it affects us all today. Follow this four part series and find out how we can begin to fix the problems we all face in the US healthcare system. Health Reform, CDHP, HSA, Simplicity Health Plans, Gregory Hummer
Duration : 0:6:24
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Technorati Tags: CDHP, consumer directed health plan, gregory hummer, Health, health savings account, HSA, News;, simplicity health plans
Dec. 13 (Bloomberg) — Michael Feroli, chief U.S. economist at JPMorgan Chase & Co., and Chris Varvares, president of Macroeconomic Advisers LLC, discuss the U.S. economy, savings rate and financial system.
They talk with Carol Massar and Matt Miller on Bloomberg Television’s “Street Smart.” (Source: Bloomberg)
Duration : 0:6:10
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