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MC Shalom Chairman Ben S. Bernanke, We Are on Our Way to Abolish Credit. All of Our Economic Problems Find They Root in the Existence of Credit. Out of the $5,000,000,000,000 given out to the banks, that is $1,000 for every inhabitant of this planet, what is it exactly that WE got? A Credit Free, Free Market Economy Is Possible. Both Dynamic on the Short Run & Stable on the Long Run. I Propose, Hence, to Lead for You an Exit Out of Credit: Let me outline for you my proposed strategy: ✔ Preserve Your Belongings. ✔ The Property Title: Cast Your Vote to Abolish Credit. ✔ The Credit Free Money: The Dinar Shekel AKA The DaSh, Symbol: - . ✔ Asset Transfer: The Right Grant Operation. ✔ A Specific Application of Employment Interest and Money. [A Tract Intended For my Fellows Economists]. If Risk Free Interest Rates Are at 0.00% Doesn't That Mean That Credit is Worthless? Since credit based currencies are managed by setting interest rates, on which all control has been lost, Are they managed anymore? We Need, Hence, Cancel All Interest Bearing Debt and Abolish Interest Bearing Credit. In This Age of Turbulence The People Want an Exit Out of Credit: An Adventure in a New World Economic Order. The other option would be to wait till most of the productive assets of the economy get physically destroyed either by war or by rust. It will be either awfully deadly or dramatically long. A price none of us can afford to pay. “The current crisis can be overcome only by developing a sense of common purpose. The alternative to a new international order is chaos.” - Henry A. Kissinger Let me provide you with a link to my press release for my open letter to you: Chairman Ben S. Bernanke, Quantitative [Ooops! I Meant Credit] Easing Can't Work! I am, Mr Chairman, Yours Sincerely, Shalom P. Hamou AKA 'MC Shalom' Chief Economist - Master Conductor 1 7 7 6 - Annuit Cœptis Tel: +972 54 441-7640 -
MC Shalom Chairman Ben S. Bernanke, We Are on Our Way to Abolish Credit.
All of Our Economic Problems Find They Root in the Existence of Credit.
Out of the $5,000,000,000,000 given out to the banks, that is $1,000 for every inhabitant of this planet, what is it exactly that WE got?
A Credit Free, Free Market Economy Is Possible.
Both Dynamic on the Short Run & Stable on the Long Run.
I Propose, Hence, to Lead for You an Exit Out of Credit:
Let me outline for you my proposed strategy:
✔ Preserve Your Belongings.
✔ The Property Title: Cast Your Vote to Abolish Credit.
✔ The Credit Free Money: The Dinar Shekel AKA The DaSh, Symbol: - .
✔ Asset Transfer: The Right Grant Operation.
✔ A Specific Application of Employment Interest and Money. [A Tract Intended For my Fellows Economists].
If Risk Free Interest Rates Are at 0.00% Doesn't That Mean That Credit is Worthless?
Since credit based currencies are managed by setting interest rates, on which all control has been lost, Are they managed anymore?
We Need, Hence, Cancel All Interest Bearing Debt and Abolish Interest Bearing Credit.
In This Age of Turbulence The People Want an Exit Out of Credit: An Adventure in a New World Economic Order.
The other option would be to wait till most of the productive assets of the economy get physically destroyed either by war or by rust.
It will be either awfully deadly or dramatically long.
A price none of us can afford to pay.
“The current crisis can be overcome only by developing a sense of common purpose. The alternative to a new international order is chaos.”
- Henry A. Kissinger
Let me provide you with a link to my press release for my open letter to you:
Chairman Ben S. Bernanke, Quantitative [Ooops! I Meant Credit] Easing Can't Work!
I am, Mr Chairman, Yours Sincerely,
Shalom P. Hamou AKA 'MC Shalom'
Chief Economist - Master Conductor
1 7 7 6 - Annuit Cœptis
Tel: +972 54 441-7640
$1.2 Trillion Slush Fund
The Big Picture —
Fascinating grilling of Federal Reserve Vice Chair Donald Kohn:
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Amazing questions from a Freshman Congressman . . .
Heh CONgress - Wake Up!
The Market Ticker —
This is what I call "A good start." Gee, you think the American people might be upset about where the $1.2 trillion dollars that The Fed has spent went, all in secret? That's the gist of it, if you don't have six minutes to watch. Now look CONgress. I wish to bring back to the ...
A bad day for Fed Governor Kohn
The Mess That Greenspan Made —
Congress Ron Paul (R-Texas) asks who the central economic planner is for the U.S. and what exactly is going on with the $1.2 trillion increase in the Fed's balance sheet. When asked about oversight, Kohn says that just showing up before Congress is an important part of that process... Be sure to stay ...
Video-o-rama (Jan 16, 2009)
The Big Picture —
Video-o-rama: Gloomy news batters investor sentiment
Risk appetite around the globe deteriorated over the past few days as an avalanche of negative economic and corporate news battered already fragile investor sentiment.
A few of the more interesting video clips that attracted my attention are shared below. Amidst the grim reality of Bernard Madoff’s scam, we start off with Stephen Colbert’s take on Ponzi schemes. And as if we are not already confronted with enough absurdities, the last video, dealing with the porn industry’s plea for bailout money, caps it all. In between, a good dosage of clips on the economy and various asset classes provides ...
Kohn Heads at Work
Technically Speaking, Market Analysis and Theory —
Where did the money go? Donald Kohn explains...er, nothing. Transparency not forthcoming...since ever. "we're talking about secret payments of about secret payments of 1.2 trillion dollars..." Good trading and great risk management to all. Educational use only. Never intended as investment advice. ...
What's the Problem of the Secretive Fed?
The Prudent Investor —
What is the problem of the Federal Reserve that it does neither want to publish who got the $1.2 trillion it pumped into the banking system nor who are its owners. Watch Fed vice chairman Donald Kohn evading any questions that would shine a little more light on the Fed's interventions in the banking system that blew up its balance sheet from $800 billion to $2 trillion. NOTE: Tyler Durden has listed all those officially against lifting the ownership veil at zerohedge. ...
