Archive for the ‘US banking system’ Category
Why is the Tea Party and Republican Party against more restrictions on the Banking system?
Do they want us to go through this Financial Crisis Again? I really don’t get it .
The Republicans don’t care who gets hurt as long as they can blame it on the Democrats, but the Tea Party Patriots have a valid point in saying that buried in the House Resolution is a section allowing up to $4,000,000,000,000 Bank Bailouts in the future, however it also has the big Banks scared because it allows the government to breakup big banks if they get into trouble instead of bailing them out. It makes for some interesting reading.
can microsoft come up with an itnernet banking system whereby we could send money to china earthquake victim?
CAN MICROSOFT COME UP WITH INTERNET BANKING SYSTEM WHEREBY WE COULD SEND MONEY TO CHINA BECAUSE OF EARTHQUAKE?
IT IS HIGH TIME MICROSOFT COME UP WITH AN INTERNET BANKING SYSTEM WHEREBY WE COULD SEND MONEY TO CHINA EARTHQUAKE VICTIM FROM OUR BANK ACOUNT TO CHINA BANK ACCOUNT AT THE SPEED OF LIGHT.
THIS MEAN WHEN I OPEN MY ATM MACHINE, I CAN SEE TWO SET OF FORMS.
ONE FORM FROM MY ACCOUNT AND ANOTHER FORM FROM CHINA.
I HAVE MY ACCOUNT NUMBERS WHICH GOES INTO 12 DIGIT.
I HAVE CHINA ACCOUNT NUMBERS WHICH GOES INTO 12 DIGIT.
HENCE TWO ACCOUNT WILL OPEN SIMULSTANEOULY WHIICH IS MY ACCOUNT AND CHINA ACCOUNT.
I TRANSFER MY MONEY TO CHINA ACCOUNT AND PRESS ENTER.
WITHIN ONE MINUTE ABOUT US$ 1.00 WILL REACH CHINA ACCOUNT.
THERE ARE 7,000,000,000 PEOPLE IN THIS WORLD.
HENCE THERE SHOULD BE US$ 7,000,000,000 SEND TO CHINA WITHIN A GIVEN TIME.
PEOPLE COULD SEND MONEY.
COMPANIES COULD SEND MONEY.
GOVERNMENTS COULD SEND MONEY.
HENCE, WITH US$ 7 BILLION DOLLARS, I AM SURE CHINESE GOVERNMENT COULD USE THE MONEY TO BUY FOOD, CLOTHES AN SHELTER FOR THE 5,000,000 PEOPLE AFFECTED.
5,000,000 PEOPLE VICTIMS
X 1 ONE US DOLLARS
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5,000,000
========
5,000,000
X US$ 10
===========
US$ 50,000,000
============
5,000,000
X US$ 100
=============
US$ 500,000,000
=============
5,000,000
X US$ 1,000
==============
US$ 5,000,000,000
===============
5,000,000
X US$ 10,000
===============
US$ 50,000,000,000
===============
I COME TO UNDERSTAND THAT WESTERN UNION IS THE BEST BANKING SYSTEM THAT CAN TRANSFER MONEY FROM ONE NATION TO ANOTHER WITHIN ONE MINUTE OR AT THE SPEED OF LIGHT.
MAYBE, MICROSOFT COULD BUY WESTERN UNION AND MODIFY IT CONTENT TO GET THIS THING DONE.
WHEN YOU TALK OF COMMISION FOR SERVICE DONE, I AM SURE MICROSOFT COULD DOUBLE IT MARKET CAPITALIZATION TO BE THE NUMBER ONE COMPANY IN AMERICA BY 2014.
WE WANT TO SEND MONEY OVERSEA BUT SOME BANK ARE VERY SLOW AND SO WE DO NOT SEND ANY MONEY.
HENCE, WITH THIS NEW SYSTEM, MANKIND CAN SENT MONEY TO ANY NATION ON THIS EARTH WITHIN ONE MINUTE AND THEREBY BRING HAPPINESS TO THE PEOPLE WHO ARE SUFFERING FROM PROBLEM CONCERNING FOOD, CLOTHES, SHELTER AND OTHER THINGS.
WE CAN DO IT THEN PROVE IT?
http://earthquake.usgs.gov/eqcenter/recenteqsww/Quakes/us2008ryan.php
http://search.yahoo.com/search?p=CHINA+EARTHQUAKE&vc=&fr=yfp-t-375&toggle=1&cop=mss&ei=UTF-8&fp_ip=MY
http://en.wikipedia.org/wiki/2008_Sichuan_earthquake
http://search.yahoo.com/search;_ylt=A0geu8xKjjlIIDkAWJtXNyoA?p=WIKIPEDIA+CHINA+EARTHQUAKE&fr=yfp-t-375&ei=UTF-8&fp_ip=MY&rd=r1&meta=vc%3Dmy
http://www.youtube.com/results?search_query=CHINA+EARTHQUAKE&search_type=
http://www.youtube.com/watch?v=gscKnPieJwg
http://en.wikipedia.org/wiki/Western_Union
http://en.wikipedia.org/wiki/Microsoft
Its already being done by banks, the Red Cross and other charities.
Do you feel like you are a victim of World Government which control the banking system?
Therefore we have to work being slave to each other. Money (paper with ink) was replaced with real Gold and Silver money by the Government. Now we (all around the world seems to be manipulated just so we can obtain papers ? I know these "papers" are just a receipt for real money……
Central Bank has been doing all this to us ?? How do you protest?
Actually, gold is a horrible solution since the world banks now own about 3/4ths of the planet’s resources of it. Silver might work, but the same thing would happen.
Look into Lincoln’s Greenback, and how the fiat system worked in Colonial times. There’s really nothing wrong with a paper/fiat money system IF we’d quit "borrowing" the paper at interest from the Fed’s.
Elections are coming up – see which Senators support Ron Paul’s bill to audit the Feds, and spread the word!
Christians, do you believe instituting Islamic Sharia Banking System in the USA is part of the End of Days?
Apparently our US Treasury is looking into instituting the Islamic Sharia Banking system in the USA. What do you think of this? Would Christians take this to mean a sign of the End of Days?
What about non-Christians (any other religion), what would you take this to be a sign of?
http://www.frontpagemag.com/Articles/Read.aspx?GUID=E3672936-8730-4189-B0FB-7ACE79AD003E
Why isn’t this across all the mainstream newspapers and news channels on tv?
By the way I am not giving either thumbs up or down on this one. Just want to know what you think of it.
You guys are aware that Sharia Law in Islam is the branch of the extremists, right?
Oh holy shat, that’s not good news….Good question thanks for posting…I’ll be passing on the link to my family..
With US banks borrowing $188bn a day, how long before hyperinflation?
http://www.informationclearinghouse.info/article20883.htm
Last week, according to Reuters, "U.S. banks borrowed a record amount from the Federal Reserve nearly $188 billion a day on average, showing the central bank went to extremes to keep the banking system afloat amid the biggest financial crisis since the Great Depression."
I think we’re already beginning to see it. The other day when the "rumors" of the bailout were enough to weaken the dollar oil went up a record amount in 4 years, about $16 / barrel.
Oil has caused food and anything delivered (duh … this is EVERYTHING) to go up. Whenever you go into the store and something is higher this weak than last week you’re witnessing inflation.
I wonder how much money the Fed can come up with in a "pinch". If $188 Bn / day doesn’t phase them and $700 Bn to Congress doesn’t phase them … what DOES phase them?
The banks are just FINALLY realizing what WE’VE been going through for centuries! They are so used to turning $100 into $1,000 courtesy of the banking laws. Now they have to take $1,000 and use it to pay off $100 in debt. Karma at it’s finest. Those bastiges deserve it in a way but I know I’m burning my own butt by saying that since it will REVOLVE!
Ouch!
Peace, Love, Light!
I AM DARTAGNON
What impact will the recession in the UK have on the work employment lawyers and banking lawyers do? ?
Unemployment levels are rising in the UK and the banking system is facing major difficulties. Do you know what this will mean for lawyers who specialise in employment or banking law? Will their workload increase? What kind of challenges will they face? Also, if you know how this will affect US lawyers I would also like to hear from you.
One guarentee we can make is that lawyers will not lose out
If there is any increaed wokload they will hire legal temps ,pay them a pittance to do the work. Charge a fortune for a signature
Next case please
Should Banking and the Federal Reserve System be Government Run?
I am under the opinion that the Federal Reserve System and our Banking industry has gotten us into this huge financial mess we are in today.
I am also under the opinion that the Federal Reserve System as well as our Banking Industry needs to be under a much closer eye then they are today. In our Banking Industry, that can be a combination of private enterprise and far tighter government oversight and control. Our Federal Reserve System needs to be totally transparent and a public entity, instead of what it is now, a private one where not even our government knows who all the players are, or what really goes on behind their closed doors.
Your input please.
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Actually, when politics and huge private enterprise bucks is taken out of government control it does a pretty good job. The National Geological Survey, Weather Service, Postal Service, public land and park system, etc are good examples of how government should work.
Once government lets greed and power take over, then the corruption and impropriety comes into play.
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People have moved away from the wisdom of America’s founding fathers on the basis of false science. Dealing with a symptom isn’t going to "heal the patient".
Getting the completely unscientific and ridiculous theory of macro-evolution and other related nonsense out of the classroom would be a good start.
Is the Federal Reserve Banking system run by the US government?
No its run by forien bankers.
What is the best US bank for access to ATMs in Europe and the Middle East?
I had a bad experience in Egypt with ATMS not be a part of my credit union’s system. Which bank in the USA can I set up an account in with the best chance of it being part of a system in Europe and Egypt?
don’t know about all those countries , but in Arabia they use the Plus system cards, (& Visa electron, MC Maestro) some may accept cirrus but not sure which. It’d be easier to just get a prepaid visa cash card , as that one is even accepted everywhere Visa is , even with manual carbon copy sales.
You can try your luck with HSBC or CitiBank.
Is a tax on bankers enough to ‘encourage’ the banking system to be more responsible?
"US President Barack Obama has given big banks notice that he intends to levy a 0.15 per cent tax on their liabilities over the next 10 years to recoup some of the trillions in public money that was used to bail them out last year.
The tax, which would require congressional approval, would last at least 10 years and generate about $90 billion (£55bn) over the decade."
http://www.morningstaronline.co.uk/index.php/news/content/view/full/85633
"US banking giant JP Morgan Chase released figures which revealed that pay, bonuses and benefits across the bank as a whole rose 18 per cent to $26.9 bn (£16.5bn)."
A tax on their liabilities? An interesting concept that might actually lead to responsible lending.
Here’s hoping that the banks won’t overreact and stop lending altogether, though.