Schlagwort-Archive: illegal

Our banking systems are broken beyond fubar

Well the longer the crises lasts, the more obvious it gets. Our banking-system is a sham. It allows banks to
generate money out of nothing and even worse it allows defraud on the banking customers.

You don’t believe me. Well then let me ask you just one question. I fyou are holding sight deposits, will banks lend them?
Yes they will that means they are lending money which is not their own. And this means also if every holder wants to get his/her sight deposits, the bank will be bankrupt (bank runs)
And does government anything against this defraud? No it is supported and backed up by them and so we get “gurantiees” on our sight deposits. but not fully oh no, just around 100 000 whatever.
That means if you are holding 200 000 in sigh deposits the guarantee is just well half of YOUR money. That’s a crime

And banks do not have to care for customers, they just have to care about central banks. And guess what central banks do. They just generate another round of money out of the blue.
Or do you think the 1 trillion of new debts here in Europe are covered by anything? Well think again.

Overall this system is fubar. One can not expect it to work and it is unfair from the ground up. You can not build trust on such kind of ground. But hey, the deledefs know better and you just have to believe them…
For me it’s more likely to imagine hell freezes over but believing any deldef or central banker….

If there is one common thing in the works of the politicians

in the EU and USA it’s the ever expanding raise in laws against freedom and limiting liability.

As you can read also here:

But know there is a new negative record in the making of the ESM (European Stability Mechanism) . Unfortunatly despite search for an english version I just found an inofficial German translation.
In short: A new agency, with immunity of all in the governments boards without any democratic legitimation. As soon as I find the english version of it I’ll post it here.

Making it into the headlines

Well two things. I wrote abotu it in my other blog but Mises hast taken it also:

This is about homeschooling and the impossibility to do it in Germany. Shame on us.

Here’s another story: The governement was offered a CD or DVD with data from supposed to be

delinquent taypayers, you can even name it more sharply suppsed to be defrauders.

I guess not much here know that we had a scandal here 15 or so years ago about illegal donations, accepte by our

chancellor Kohl itself.


Now guess what the governement is going to do with the CD and the “chancellor”

you are allowed to make one guess ;-(