I find it hard to understand that we are not allowed to bring small swiss army knives onto a airplane, but once we are on the plane, we receive a metal butter knife and a metal fork for the meals, not to mention an abundance of glass bottles that can be easily broken and turned into a deadly weapon.
1. The sub-prime market existed because semi-government agencies Fannie Mae and Freddie Mac started to purchase these sub-prime loans by face value! They were forced to do so due to a government initiative to make housing more “affordable” for low incoming individuals. This meant lenders can just give anyone a mortgage and then immediately cash out the loan by selling it to Fannie or Freddie, pocketing the profit immediately. There was no need for “qualifications” such as credit check and incoming verification, since there was virtually no risk to the lenders, why would they check for such things?
2. Of course risk does exist because the majority of sub-prime borrowers can’t possibly pay back the loan once housing market started to decline. When this happened, Fannie Mae and Freddie Mac immediately went to the edge of bankruptcy, now taken over by the federal government and required over 300 billion dollars to guarantee their sub-prime portfolio. Ultimately, it is the federal government who created this crisis and screwed numerous insurance companies and investment banks.
3. Why did the government do this? Consolidation of power! that’s why! All banks are not created equal. JP Morgan Chase, by far the biggest player on wallstreet, miraculously did zero sub-prime investment, are they that much better than everyone else or do they know the future? JP Morgan took over Bear Stearns right after the crisis unfolded. Bank of America, controlled by the Federal Reserve (largest shareholder), took over Merrill Lynch. We all know who control the Federal Reserve, right? powerful bankers like the Rothschild Family and the Rockefeller Family. This is just a case of big fish eating little fish, using the crisis as a smoke screen, they probably manufactured the crisis. Why buy Bear Stearns at $80 a share, when you can create a crisis and then buy Bear Stearns and others for $1 a share?
4. Stimulus package: guess who got most of the stimulus package? that’s right, the bankers. A whopping 70% of the two stimulus (Bush 700B + Obama 850B) went to the bankers. So they could continue to pay their top executive billions of dollars in bonus. Obama proposed a pay cap for companies receiving government aid, this was secretly taken out of the final bill. Did you think the slaves can put a limit on their master? I didn’t think so either.
1. lend money to people with no job or proven income.
2. sell the mortgage to insurance companies and other countries as mortgage backed security.
3. ???
4. Profit!
I never understood how can the American people still think they need to “bail out” the banks when it is the banks that is robbing them of everything. I would like to ask this question, who got the money?
It is not the borrowers that are defaulting, because they borrowed the money to buy houses, now the houses are gone, in the hand of the banks.
It is not the insurance companies or the countries who bought these “mortgage backed securities”, they were the ones that was hit the most, we know iceland just went bankrupt.
It is the BANKS! They are now owning millions of house and getting trillions of dollars from the Feds, and we all know who owns the Federal Reserve, yes the BANKS. Feds says they gave the banks money so they can lend, but we all know they are NOT lending right now, what are they waiting for? They are using the money to crash the stock market even more, so they could buy good companies for pennies and own even more assets that used to belong to the American people. Once again, the American people has been held hostage by the banks and lost their houses and investments.
1. American companies take too much interest in mergers and acquisitions. It is just a money game and nothing productive can come out of it. Tell me 1 successful merger and I’ll show you 100 failed mergers, AOL Time Warner anyone?
2. American companies pay too much for management. Many company’s top management take as much as half of the company’s profits! This has hurt many companies and driven them to bankrupcy.
3. Reliance on innovation. American companies like to be creative and innovative. This is a good thing. But too often these companies focus only on innovating but not perfecting what they already producing. This has made many American companies to lose ground to Japanese companies.
The final release of Firefox 3 is due in June, the company said Wednesday during a roundtable discussion with a small group of tech bloggers.During the event, the key members of the Mozilla team, including CEO John Lilly, gave a quick overview of the product release schedule for the next version of the open source web browser.
According to VP of engineering Mike Schroepfer, the first Release Candidate will ship in early May. The RC1 stage is the point at which most of the larger extension developers re-work their code to be fully compatible with Firefox 3. So if your favorite extension isn’t yet working, you’ll only have to wait another month or so.
Right now, the latest Firefox 3 release is beta version 4. The Firefox 3 betas have about 700,000 users right now — a small but dedicated chunk of Firefox’s entire user base of 160 million people. The public release of Beta 5 will be out the first week of April (the nightly builds are available for testing now), and that will be the last beta release before Firefox enters the release candidate stage.
I would suggest everyone to refrain from upgrading until all Firefox 3.0 compatible plugins has been released! or end up in a world of pain and suffering caused by imcompatible plugins!
The developer of azureus have a wiki listing ISPs that block or scramble your torrent traffic, some of the worst ISPs are Comcast, Adelphia, Cablevision and RCN (I especially hate RCN).
Anyway, here is the list: azureus bad ISP list
5. Diablo Series - the first one was especially stunning, absolutely beautiful graphics and advanced game play for the time. The 2nd one was also very good, but less stunning. Total time spent playing: 200 hours.
4. Heroes of Might and Magic – I did not play HOMM 1, I started playing HOMM at version 2. I have played HOMM 2, 3, 4 and 5. Here are my opinions regarding these versions. HOMM 2 was really beautiful, although primitive. It got me hooked on this amazing series. HOMM 3 was THE most classic version of the game, deep and beautiful. HOMM 4 was ok, the graphics was ugly but game play improved somewhat, although I prefer 3 over 4. HOMM 5 was beautiful, amazing and deep. But 5 did not exceed my expectations. Total time spent playing: 500 hours.
3. Counter-Strike – Ah! the oh so popular FPS, there are still millions of people playing this 10 year old game. My personal record is 23-0 on a full 36 slot public server. Favorite weapon: MP5 sub-machine gun! n00b! Total time spent playing: 1000 hours.
2. Warcraft Series - I only started to play warcraft with version 3 and I never stopped playing it. I must have played it for over 5 years. Actually to say warcraft is inaccurate, although I do play ladder quite a bit, but I mostly play DOTA (Defense Of The Ancients) custom map. I started with the RoC DOTA and then went on to play FZ DOTA AllStars. I used to play with the top tier clans such as Clan WARD and such. Total time spent playing: 5000 hours.
1. MUD – yes that’s right, my most favorite are those text-based MUD(multi-user dungeon) games. I started playing MUDs in 1997 and still play it to this day. I picked up programming and Computer Science because of this. Using zMUD I programmed the first fully automatic robot on my server! Playing MUD is a total life blackhole. At the most intense moments of my MUD career, I played for 13 hours per day non-stop, only eating cookies and instant noodles for food. Total time spent playing: countless
“I have two great enemies, the Southern Army in front of me & the financial institutions at the rear, the latter is my greatest foe. Corporations have been enthroned, and an era of corruption in high places will follow, and the money power of the country will endeavor to prolong its reign by working upon the prejudices of the people until the wealth is aggregated in the hands of a few, and the Republic is destroyed. I feel at this moment more anxiety for the safety of my country than ever before, even in the midst of war. God grant that my suspicions may prove groundless.” – Abraham Lincoln, 16th President of the United States
The United States of America is a very unique country, her quick rise to power and immense influence in the world is unprecedented in human history. The rise of the US is filled with meddling of European powers and full of conspiracies, especially the infiltration by the international bankers.
Democracy is designed and implemented to defend against feudalism and dictator, it has achieved incredible success in this regard, however, democracy has no immunity for a new breed of fatal virus, the power of money. Democracy has no defense against the international bankers, the bankers take control of countries by taking control of their money. The “Super Money Banker Group” and the democratically elected US government fought against each other fiercely before and after the civil war. During this period of over 100 years, 7 US Presidents were assassinated (some unsuccessfully), numerous Congressman were killed. As historians has pointed out, US President’s death rate is higher than the front line troops during World War 2.
“Give me control of a nation’s money and I care not who makes the laws” – Mayer Amschel Rothschild
For people who work in the financial industry and have not heard the “Rothschild Family”, it is comparable to a military officer that has not heard of Napoleon or a physicist that has not heard of Einstein. The Rothschild Family has such an enormous impact on today’s world and yet it has managed to stay largely invisible to the general public.
Strict family control, total black box operation, precise like clockwork, always know better than the market, completely rational thinking, endless hunger for money, and amazing ability to predict, these traits has made the Rothschild family invincible in the past 200 years through all the turmoils of war, politics and finances, they built the largest financial empire known to the world, their total asset is estimated to be 30 trillion dollars today, in another words, they are worth about 100 Microsoft in terms of market cap, 15 China or 2 United States in terms of total annual GDP.
Continue reading ‘Rise of the Masters – Post 2 – Rothschild Family – Master of Europe’
