Tag Archives: Wall Street

Greg Hunter Interviews Prof. Laurence Kotlikoff ~ SIPC Insurance Scam from Fraud Street [Video]

Renowned economics professor Laurence Kotlikoff says SIPC (Securities Investor Protection Corporation) is an insurance scam from Fraud Street.  Dr. Kotlikoff contends, “If you look at the history of their response as it’s been discovered, they (SIPC) have been fighting tooth and nail never to pay a dollar.  So, the situation is not that we don’t have any insurance for your brokerage account, it’s far worse. . . .

http://youtu.be/H-jpsVmXCW4

There’s a Ponzi scheme discovered every four days, according to a recent New York Times article.  So, they can declare a fraud very easily.”  As an example, Dr. Kotlikoff gives someone who lost $2 million and is expecting to get back at least the SIPC insurance claim of $500,000, the maximum payout.  Instead of getting money back, SIPC expects money back from you!  Dr. Kotlikoff explains, “So, you are at double jeopardy here.  It’s not just that you can get totally screwed by a brokerage firm, which is happening every four days because a Ponzi scheme is being discovered, you can also be at great jeopardy by SIPC itself.”  Meaning, SIPC cannot only deny your claim, but it can sue you for any profits you made beyond your original investment if there are losses because of a fraudulent brokerage.  Dr. Kotlikoff adds, “So, they are running a complete insurance scam.  It’s a disgrace.  There is a bill in front of Congress that would correct this, but so far, members of Congress have not pushed it through.” Continue reading

X22 Report ~ Episode 460 – Sept 5 2014 [Audio]

U.S. Warns ISIS Could Get Ahold Of Syria’s Hidden Chemical Weapons

http://youtu.be/NIWe7WVy-MU

  • Jobs tumble but the unemployment rate drops to 6.1%.
  • Job quality deteriorates again. 53 million people are now working in temp jobs.
  • The tech sector has laid off 80,000 employees so far this year which is a 41% increase from last year.
  • Healthcare.gov was hacked again.
  • Putin has brokered a ceasefire deal between Ukraine and the South Eastern people.
  • US troops or paid mercenaries are fighting in Iraq.
  • EU countries could be purchasing hot oil from the Islamic State.
  • Kiev might be planning to use a chemical attack on Donbass and put the blame on Russia.
  • The US government is accusing Syria of hiding chemical weapons.
  • This started back in Dec 2013. They are now reporting that ISIS could get a hold of the chemical weapons and use them.

All source links to the report can be found on the x22report.com site.

SF Source X22Report

Greg Hunter Interviews Bill Holter ~ Financial System Upside Down-Blame Game On Coming Crash [Video]

Financial analyst and writer Bill Holter thinks the powers that be know how shaky the system is and will play the blame game for the coming crash.  Holter contends, “I believe that they know the financial system is upside down and there is no bringing it back, so they do need to have something to point at.  It could be a war with Russia.  We are trying as hard as we can to create a war, and it looks like Russia; and Mr. Putin is trying as hard as he can not to have a war.

There could be any number of things to point at.  It could be the Ebola virus outbreak.  It could be the Saudi Arabians accepting euros, gold, yuan and it could be anything.  There are dozens of topics.”  Holter goes on to say, “Truth is the first casualty of all wars.  So, we are getting bad information from our press, and we are getting bad information from the Russian press.  When a war starts, you will never get the truth.” Continue reading

Pam Martens and Russ Martens ~ Wall Street’s Bull Has A Problem

“. . . the question today is whether hapless stock investors will be seduced once again or dig deeper into the research that has been put painstakingly before them. Frothy, rigged markets have a way of getting much frothier before they collapse under the weight of their own corruption.” – P Martens & R Martens

WallStreetBullFiguring out how to write ever creative versions of headlines that say the market is hitting a new high is commanding a lot of energy in newsrooms these days. What should be commanding more energy in the newsrooms is writing about the market structure that is underpinning this “bull”.

On Friday, TheStreet.com went with the headline “S&P Books Best August Since 2000.” Bringing up the year 2000 is a bit like bringing up the Hindenburg during an air show. The year 2000 marked the peak in Wall Street’s dot.com bubble, whose bust erased 78 percent of the Nasdaq stock market over the next two and one-half years.

Wiped-out Nasdaq investors were eventually to learn that much of this so-called bull market was a highly orchestrated fraud by some of the biggest firms on Wall Street. The fraud worked like this:

Research analysts at marquee firms like Salomon Smith Barney and Merrill Lynch issued knowingly false research reports urging small investors to buy young, unproven companies while calling the same stocks “crap” or a “pig” in private emails. When new tech or dot.com companies went public, favored big clients at Wall Street firms were instructed when to buy on the opening day of trading at rising prices to make the stock appear to be in high demand. This fraud on the market is called laddering. Continue reading

X22 Report ~ Episode 456 – Sept 1 2014 [Audio]

False Flag Warning: Expert Reports ‘Imminent’ ISIS Threat To The U.S. Power Grid

  • UK shocked as manufacturing growth has ended.
  • Germany’s GDP has fallen by 0.2%.
  • Europe is suffering from a decline in factory orders.
  • Ecuador looking to replace the dollar with a digital currency.
  • Facebook posts could get you on the US Government terrorists watch list.
  • Ebola breakouts seems to coincide with new oil discoveries in West Africa.
  • Dutch government will not release the MH17 voice recording.
  • The Islamic State might have the ability to bring down the power grid in the US according to an expert.
  • The central bankers/US Government have been pushing propaganda warning about the Islamic State terrorist attacks. We know it’s a false flag event. We know this will be an inside job to get the country into WWIII.

All source links to the report can be found on the x22report.com site.

SF Source X22Report

Greg Hunter Interviews John Williams ~ Economy In Severe Trouble [Video]

Economist John Williams says forget all the happy talk about the improving economy.  Williams says “The economy is in severe trouble.”  Williams goes on to say, “When you see a contraction as we had in the first quarter, given all the upside biases that the government puts into the series, you know the economy is in serious trouble.

The second quarter was reported at 4% (GDP).  They revised it up to 4.2%.  That is not much of a revision, and it is barely significant when you consider there is a margin of error plus or minus three and a half percentage points.  Early numbers we have seen on the third quarter suggests that the third quarter is going to be weaker.  The numbers for the second quarter . . . do not support 4% growth.  There is no way that is happening.” Continue reading

RT News ~ World News Links (August 28 2014)

Sub-glacial eruption of Iceland’s volcano forms row of ‘cauldrons’

A warning sign blocks the road to Bardarbunga volcano, some 20 kilometres (12.5 miles) away, in the north-west region of the Vatnajokull glacier August 19, 2014. (Reuters / Sigtryggur Johannsson)

A warning sign blocks the road to Bardarbunga volcano, some 20 kilometres (12.5 miles) away, in the north-west region of the Vatnajokull glacier August 19, 2014. (Reuters / Sigtryggur Johannsson)

Icelandic volcano activity increased on Wednesday, with scientists detecting 10-15 meters deep cauldrons of melted ice at the Vatnajökull glacier, prompting fears of an imminent eruption.

Icelandic scientists have detected a series of 10-15m deep cauldrons at Bardarbunga volcano glacier. They apparently are a result of melting following a sub-glacial eruption, the Icelandic Civil Protection Scientific Advisory Board reported. A surveillance flight over the surface of Vatnajokull has shown the cauldrons to be 1 km wide, located in a straight line some 4-6 kilometers south of the Bardarbunga caldera. Continue here . . .

Selected RT_News LInks

Pew Research: African-Americans think race relations have worsened under Obama

British Jews, Muslims issue joint call for peace

Ferguson aftermath: California city tells cops to get rid of armored vehicle

End occupation or face ICC: Palestine to ask UN set ‘timetable’ for Israeli withdrawal

ISIS: US-made monster running amok in Middle East

‘TTIP agreement is an attack on people, society and environment in both Europe and the US’

Carrots and sticks: New Iraq crisis is part of US agenda to target Syria and Iran

White House Press Secretaries have a history of avoiding questions – report

Childhood blues: English kids among world’s unhappiest

Black arts of banking: The higher rate dilemma

Cars in the US might soon be mandated to broadcast speed and location data

Over 60 Ukrainian troops cross into Russia seeking refuge

Space junkyard: New tech designed to combat dangerous trash in orbit

Rotherham child abuse: Crime commissioner urged to resign amid misconduct allegations

22 years for 100s of murders? Pablo Escobar’s favorite hitman walks free

Florida cops accused of beating driver for not rolling down his window all the way (VIDEO)

Danger, drones! Concerns as Amazon gets support over UAV delivery testing

SF Source RTNews

X22 Report ~ Episode 451 – August 26 2014 [Audio]

Central Bankers Sending In Drones To Map Out Targets In Syria

  • Argentina is collapsing and they just stopped Bank Of New York Mellon from operating.
  • Government confidence hits all time high, completely opposite from U Mich confidence.
  • Case Shiller reports housing prices are slowing and falling.
  • The Government is creating a “truthy” database system to monitor twitter to find anti-government speech.
  • British special forces arrive in Iraq.
  • Central bankers/US government sending in drones and surveillance equipment to Syria to map out targets to be used in bombing runs.
  • Obama administration says he doesn’t need congress approval. Be prepared for a false flag event.

All source links to the report can be found on the x22report.com site.

SF Source X22Report

RT News ~ World News Links (August 22 2014)

Clear some space! Russia to develop scavenger to collect cosmic debris by 2025

Most orbital debris is in low Earth orbit, where the space station flies. Image Credit: NASA

Most orbital debris is in low Earth orbit, where the space station flies. Image Credit: NASA

The Russian space agency is allocating around $297 million to design and construct a spacecraft that would clean circumterrestrial space of disabled communication satellites and upper-stage rockets currently cluttering up the geostationary orbit.

Roscosmos is ready to allocate 10.8 billion rubles (about $297 million) from 2016-2025 for the new mission: development of a space scavenger relieving terrestrial space of non-operating satellites and space exploration waste, Izvestia daily reported on Friday.

The announced tech specs of the future unmanned spacecraft, codenamed ‘Liquidator’, imply a weight of about four tons and the capability to get rid of at least 10 disabled satellites and rocket stages during a single mission that could last up to 6 months.

The ‘space cleaner’ will be able to run no less than 20 ‘cleaning missions’ during its 10-year lifespan, which means the elimination of up to 200 space objects, which obstruct new space vehicles and communication satellites. Continue reading . . .

Selected RT_News LInks

Veteran Russian nationalist demands Obama be stripped of Nobel Peace Prize

Solace for the struggling: E. Ukrainians without water, food crave Russian aid

Putin to Merkel: Further delays of aid delivery to Ukraine would have been unacceptable

User beware: Researchers have 92% success rate hacking into Gmail app

Banksters win again: BoA settlement with US govt allows Wall St fraudsters to ‘act with impunity,’ critics say

New York’s stop-and-frisk policy ineffective in recovering guns, stopping murders – report

3D printing drugs – New technology to revolutionize medical industry

Tel Aviv’s Islamic States crusader game plan is straight out of the Middle Ages

Serbia ready to start dairy deliveries to Russia in 2-3 weeks

Nobel prize winners: Eurozone recovery is ‘dismal failure’

Police lobbies pressure Congress to keep their military equipment

469 Gaza children killed, over 370,000 need ‘psychosocial aid’ – UNICEF

Clashes in Chile as thousands of students protest lagging education reform (PHOTOS, VIDEO)

SF Source RTNews