I have a sinking feeling that major banks will start to fail in this early spring and smaller ones will soon follow suit. It's the 'crash' all over again, I shudder to think how many are not prepared for this, If you think gold or silver will help, Let me ask you this,,.. how much will a loaf a bread cost you, then?

Obama’s Secretary of State Candidate Has Significant Financial Stake in Tar Sands Companies Business / Environmental Policy November 28, 2012

http://www.treehugger.com/environmental-...

The Commission on Presidential Debates is a private corporation headed by the former chairmen of the Republican and Democratic parties. The CPD is a duopoly which allows the major party candidates to draft secret agreements about debate arrangements including moderators, debate format and even participants. The result is a travesty riddled with sterile, non-contentious arguments which consistently exclude alternative voices that Americans want to hear.

This documentary also reveals the big corporations who “sponsor” the CPD and how third party candidates are purposely excluded. One of these sponsors, Annheiser Busch, is partly owned by Senator John McCain’s wife. Former Minnesota Governor Jesse Ventura’s election as an independent candidate proves that opening up debates can lead to real change – something the entrenched Republican and Democratic Parties don’t want to see.

Who’s Afraid of an Open Debate? The Truth About the Commission on Presidential Debates (Full Version)

http://undergrounddocumentaries.com/whos...

LAST month, HSBC admitted in court pleadings that it had allowed big Mexican and Colombian drug cartels to launder at least $881 million. The bank also admitted to using various schemes to move hundreds of millions of dollars to nations subject to trade sanctions, including Iran, Cuba and Sudan, in violation of the Trading With the Enemy Act. “On at least one occasion,” according to a statement by Assistant Attorney General Lanny A. Breuer, “HSBC instructed a bank in Iran on how to format payment messages so that the transactions would not be blocked or rejected by the United States.”

Those were some of the transgressions uncovered during a two-year investigation led by the Justice and Treasury Departments and acknowledged by HSBC in a settlement, known as a deferred prosecution agreement, that was filed in a federal court in December. Not a single executive was charged with a crime. Instead, the bank paid $1.9 billion in fines and forfeitures — or roughly 10 percent of the pretax profits it earned in just 2010, one of the more than five years during which it admitted to criminal conduct.

Related:

Banks Financing Mexico Gangs Admitted in Wells Fargo Deal

DEA Launders Mexican Profits of Drug Cartels

First Audit Results In The Federal Reserve’s Nearly 100 Year History Were Posted Today, They Are Startling! Saturday, September 1, 2012

http://beforeitsnews.com/economy/2012/09...

Isn´t that called extortion?

Alegal extortion, of course. And the fascist scum will get away with it, be cause there is "no controlling legal authority".

Why, if they can´t prove anything, would a bank agree to pay? Is the government going to lie about their findings? (no need to answer that)

So the banks pay 10 billion, the administration doles it out to their special interest groups, the people who might have been injured originally get nothing, and the costs of mortgages go up to replace the banks´ 10 billion, and the taxpayers and other innocents get screwed. Thanks again Washington.

Hey, we bailed them out. we´re 17 trillion (or is that 18) in the hole. Time to return the favor...or else! And so it goes in a fascist system.