Showing posts with label Bankster's. Show all posts
Stamp duty: millions more being dragged into tax trap
Stamp duty: millions more being dragged into tax trap
‘The number of households being forced to pay higher rates of stamp duty has more than doubled in the past decade, according to new figures.
The boom in property prices means that a quarter of homebuyers are paying stamp duty of 3 per cent or more, up from just one in 10 in 2003.
The disclosure coincided with government statistics that showed families paid a total of £3.4 billion in inheritance taxes last year, the most since the onset of the financial crisis.’
Banking scandals crush Lloyds’ profits by more than half to £863million as PPI bill soars past £10billion
Banking scandals crush Lloyds’ profits by more than half to £863million as PPI bill soars past £10billion
‘Lloyds has racked up yet another bill of more than £1billion for mis-selling to customers and rigging interest rates. The staggering cost was revealed yesterday, as the state-backed lender announced a sharp fall in profits in the first half of the year.
It has set aside another £600m to compensate customers mis-sold payment protection insurance, taking its total bill for the scandal to £10.4billion.
This equates to around £420 for every household in the UK, or an increase of 2p on income tax.
The total bill across the industry for PPI now tops £23billion, making it the most expensive mis-selling scandal to hit the UK.’
Deadbeat Nation: A Shocking 77 Million Americans Face Debt Collectors
Deadbeat Nation: A Shocking 77 Million Americans Face Debt Collectors
‘We have been warning for years that as a result of the Fed’s disastrous policies, America’s middle class is being disintegrated and US adults are surviving only thanks to insurmountable debtloads. But not even we had an appreciation of how serious the problem truly was. We now know, and it is a shocker: according to new research by the Urban Institute, about 77 million Americans have a debt in collections.’
US wants WWIII because its big banks are insolvent: Henderson
US wants WWIII because its big banks are insolvent: Henderson
‘An American author and columnist says the United States wants to start a third world war because most of its big banks are insolvent.
Dean Henderson with the Veterans Today made the remarks in a phone interview with Press TV on Monday as he commented on recent remarks made by White House Deputy National Security Advisor for Strategic Communications Ben Rhodes who said “stronger” European sanctions “are on the table” against Russia.
“That is just more aggression from the United States and from Anglo-Israeli-US bankers alliance which seems to be just trying every angle to provoke Russians to the World War III because all the big banks are insolvent,” Henderson told Press TV.’
Hightower: Is Citigroup’s $7 Billion Fine Bogus?
Hightower: Is Citigroup’s $7 Billion Fine Bogus?
‘Media outlets across the country trumpeted the stunning news with headlines like this: “Citigroup Punished.”
At last, went the storyline, the Justice Department brought down the hammer on one of the greed-headed Wall Street giants that are guilty of massive mortgage frauds that crashed our economy six years ago. While millions of ordinary Americans lost homes, jobs, and businesses — and still haven’t recovered — the finagling bankers were promptly bailed out by Washington and continue to get multimillion-dollar bonuses. So, hitting Citigroup with $7 billion in penalties for its role in the calamitous scandal is a real blow for justice!
Well, sort of. Actually … not so much. While seven billion bucks is more than a slap on the wrist, it pales in contrast to the egregious nature of Citigroup’s crime and the extent of the horrendous damage done by the bankers. In fact, when it announced the settlement, the Justice Department itself pointed out that Citigroup’s fraudulent acts “shattered lives.”‘
Understanding the Illusion of Money and the Economic System Construct
Understanding the Illusion of Money and the Economic System Construct
19th July 2014
Guest Writer for Wake Up World
The name ‘Rothschild’ first appeared in the 18th century when Mayer Amschel Bauer established his banking empire in Frankfurt, Germany, and changed the family name. The Bauers were a notorious satanic family in Middle Ages Germany and the major Rothschilds remain master black magicians to this day. Mayer Amschel’s father, Moses Amschel Bauer, was a moneylender and proprietor of a counting house.
The Rothschild dynasty is controlled by the family’s satanic magicians who know how reality works and how they can manipulate energy and human perception. They know that money, like everything else, is energy and they have set up the financial system to exploit this knowledge. People talk about ‘flows of money’, but it is really flows of energy and they have created an energetic construct that ensures that the energy of money flows to them. We call this construct the ‘economic system’ or ‘the economy’ and it appears to consist of banks, financial houses, stock markets and other forms of trading; but all of these entities are just acupuncture points on the meridians of money to ensure that the wealth of the world flows to the bloodline families. It is because of this that the Rothschilds count their wealth in multiples of trillions and more.
The Rothschilds control the global financial system and have accumulated their power by theft and exploitation. Their whole system is based on a gigantic fraud because there is no money, as we perceive it. The paper money and coins are backed by nothing. Their value is only the value that we can be persuaded they have. They are just worthless pieces of paper (a promise-to-pay or promissory note) and pieces of metal that we are tricked into taking seriously. Most ‘money’ is not even something you can hold today; it is only figures on a computer screen. ‘Money’ is brought into circulation through what is called ‘credit’, but this ‘credit’ is a belief-system, that’s all - a belief that it exists. The banks are not lending us anything – they are creating it – and people are paying them a fortune to do so.
The bloodline families, particularly the Rothschilds, have controlled governments and banking for centuries and they have been able to dictate the laws of the financial system and introduce what is called ‘fractional reserve lending’. This allows banks to lend at least ten times what they have on deposit. In other words, they are lending ‘money’ they don’t have and that doesn’t exist – called ‘credit’ – and are charging interest on it.
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For more click here:
Understanding the Illusion of Money and the Economic System Construct
UK banks ‘have much to fear’: competition watchdog set to probe Lloyds, RBS, HSBC and Barclays
UK banks ‘have much to fear’: competition watchdog set to probe Lloyds, RBS, HSBC and Barclays
‘Barclays, RBS, HSBC and Lloyds may be forced to break up following a finance watchdog’s inquiry. The watchdog claims Britain’s banking sector is characterized by anti-competitiveness and a failure to meet ordinary citizens and small business’ needs.
Outlining its proposals for a sweeping 18-month investigation into Britain’s major banks, the newly-established Competition and Markets Authority (CMA) has eclipsed its predecessors who were unwilling to launch an inquiry of this nature until 2015.’
Misbehaving Bankers Threaten System, Bank Of England’s Bailey Says
Misbehaving Bankers Threaten System, Bank Of England’s Bailey Says
‘Bank of England Deputy Governor Andrew Bailey said banks’ misconduct risks undermining the entire financial system following increasingly large fines.
Misbehavior has “broader consequences,” Bailey, who leads the central bank’s Prudential Regulation Authority, said in an interview in London today. “The risk of loss of confidence in the integrity of financial markets is very, very big. This threatens a vital underpinning of the system.”’
Three New JPMorgan IT Deaths Include Alleged Murder-Suicide
Three New JPMorgan IT Deaths Include Alleged Murder-Suicide
‘Since December of last year, JPMorgan Chase has been experiencing tragic, sudden deaths of workers on a scale which sets it alarmingly apart from other Wall Street mega banks. Adding to the concern generated by the deaths is the recent revelation that JPMorgan has an estimated $180 billion of life insurance in force on its current and former workers.’
Executive pay ’180 times average’, report finds
Executive pay ’180 times average’, report finds
‘Executive pay has grown from 60 times that of the average worker to almost 180 times since the 1990s, according to a report.
The High Pay Centre, a think tank, said shareholders were still backing high executive pay deals despite new powers to vote them down at annual meetings.
The pay of the average FTSE 100 chief executive increased from £4.1m to £4.7m last year, said the report.
The government should take action to close the pay gap, it said.’
Power grab for taxman criticised as ‘sinister’
Power grab for taxman criticised as ‘sinister’
‘Millions of people face seeing money disappear from their bank accounts without being told after a “sinister” power grab by the taxman, experts have warned.
HM Revenue and Customs wants to delay telling employees about changes in their tax-codes for up to a month, which could see people paying more tax than they owe.
Tax experts say that the delay would mean people only find out when it is too late to correct the mistake and the money has already been deducted from their monthly salary.’
How banks are coining it in … by trying to make us all switch to cashless payments
How banks are coining it in … by trying to make us all switch to cashless payments
‘It’s not the first time I’ve heard this today. This seaside market town may be less than 100 miles from the capital, it may be ‘the hub of West Norfolk’ as the town website boasts, it may be bustling and home to 45,000 people — but here, unlike in London, cash is king.
Try to pay by debit or credit card and you’ll routinely be sent packing to the nearest ATM, asked to spend more or pay a fee.
Banks are desperate to get us all to go digital. This week, the chairman of the British Bankers’ Association warned how hundreds more branches would shut because everyone was embracing new technology.’
Now taxman wants to trawl a YEAR of your bank statements under powers to raid bank accounts goes for unpaid tax
Now taxman wants to trawl a YEAR of your bank statements under powers to raid bank accounts goes for unpaid tax
‘Intrusive new powers to spy on the last 12 months of everybody’s bank statements are being demanded by the taxman.
In a major escalation of its existing rights, Her Majesty’s Revenue and Customs wants to be able to access monthly copies of bank, Isa and even joint account statements.
This would mean sensitive personal details such as the size of families’ monthly mortgage payments, how much they spend in restaurants and the amount saved into a tax-free nest egg are open to scrutiny.’