SORT BY Relevancy
Very few people understand how the modern banking system really works.
They have in their heads a model they learned from text books in which banks take deposits from customers, then lend out those deposits as loans. In reality, banks fund their loans by borrowing in the interbank market.
Once a bank has agreed to make a loan, it then borrows the same amount of money in the interbank market at a slightly lower rate. The lending comes first, the borrowing to fund the loan comes afterwards. This is why so many loans are pegged to LIBOR
(The London Interbank Offered Rate) Banks charge borrowers rates that are set to levels at some point above what the banks themselves pay to borrow.
Talk radio with DAnne Burley and Bob Jones giving our perspective of the events that are impacting in Our world.
ON ERIC HOLDER WAS HE FORCED OUT BECAUSE OF WALL STREET ?http://www.businessweek.com/articles/2014-09-25/wall-street-banks-and-their-critics-were-disappointed-in-eric-holder?campaign_id=DN092514 WOW AND THE TRUTH IS COMING OUT...... LIKE IN THE CASE OF THE LATE GOVERNOR OF ILLINOIS WHO IS IN JAIL JUST PRIOR TO THE FEDS COMING TO HIS HOME HE FORCED A BANK TO PAYOFF EMPLOYEES THAT WERE ROBBED OF SALARY FROM THE CHICAGO TIFF PROGRAM ...YEP THE MONEY WAS STOLEN BY A GRANT FOR A BUSINESS TO BE USED IN ILLINOIS ONLY... THIS COMPANY UPON RECEIVING THIS MONEY BANKRUPT ITSELF AND TOOK OFF INTO ANOTHER STATE AND USED ILLINOIS MONEY TO SET UP NEW OPERATIONS FOLLOW THE MONEY >>> WAS THERE ANY CAMPAIGN FUNDS INVOLVED HERE WHEREBY THE MONEY THAT WAS GIVEN TO CANDIDATES WAS USED AND BACKDOOR GOVERNMENT PROTECTION?? AFTER HE FORCE THE REPAYMENT OF THESE SALARIES THEN THE FEDS WERE AT HIS DOOR AND THEY CAME UP WITH THE OBAMA SENATE RACE GAME TO COVERUP THIS CRIME https://mninews.marketnews.com/content/us-fdic-text-excerpts-lawsuit-vs-16-largest-banks-re-libor Eric Holder may have resigned due to Walstreet Issue... Was this connected to the Libor Lawsuit http://www.businessweek.com/articles/2014-09-25/wall-street-banks-and-their-critics-were-disappointed-in-eric-holder?campaign_id=DN092514
Talk radio with DAnne Burley and Bob Jones giving our perspective of the events that are impacting in Our world. Why would ISIS began to target Chicago and other cities and what about the Libor Law Suit which is on going and within this case the payout looks to be over 500 trillion ..... where on earth will they get this money and can it go away as within the Enron case and other cases involving investigations within the courts of Trillions of dollars missing and or gone by other means......
Well, we are glad you asked. Seems the father of alleged shooter is linked to ANOTHER very big news story.
Yes, beloved Straight Dopes listener, Robert Holmes - father of alleged Colorado shooter James Holmes - is linked to the London InterBank Offered Rate (LIBOR) scandal which has engulfed the world of high finance. What a small world we live in, huh??
Also, we'll talk about the inevitable march towards World Wa... err.... war with Syria. Yeah - that's the ticket - just a *little* war with Syria. And Russia. And China. Aaand....
We would also like to take a second to thank all the listeners. The show is growing (inexplicably) fast according to Blogtalkradio listenership reporting, and we have you guys to thank for that. Continue to spread the word...
...and DO CALL IN!!!
Market veteran Sean Hyman stops by in first half of the show to talk about the imminent collapsse of the inflated U.S. stock market and how he’s strategizing to weather the storm. Later in the program, National Review columnist and Fox news contributor, Deroy Murdock, discusses the accelerating societal and political demise of the U.S. which he, contrary to Rick, attributes almost entirely to the rise of the left’s socialist agenda and the right’s lackadaisical response.
The latest news and the top news from websites across the internet.
COSMIC VISION NEWS; 14FEB SHOW SUMMARY.
1. LATIN AMERICAN/CARIBBEAN LEADERS DECLARE REGION AS A ‘ZONE OF PEACE’.
2. SNOWDEN HOLDS ‘ACE’ OF PRIVATE INFORMATION ON US OFFICIALS.
3. UK PM CAMERON ABANDONS ‘AUSTERITY CUTS’ AFTER MASSIVE STORMS.
4. US DEBT CEILING A ‘NON ISSUE’ AT THIS TIME.
5. PAUL CRAIG ROBERTS: GLOBAL CURRENCY FLUCTUATIONS AND DOLLAR COLLAPSE.
6. FOREX RATE FIXING ‘AS BAD AS LIBOR’; ALMOST 6000 SACKED DUE TO ILLEGAL ACTIVITY IN FINANCIAL SECTOR.
7. REPORT: THE NETHERLANDS WOULD BE BETTER OFF OUTSIDE OF EURO AND THE EU.
8. ICELAND TO LAUNCH ITS OWN CRYPTOCURRENCY.
9. 2012 ARTICLE: “US ECONOMY ON SCHEDULE TO CRASH IN 2014”.
10. ITALY OVERTURNS LAW BANNING CANNABIS.
11. FLORIDA HIGHWAY TROOPER ARRESTS FELLOW OFFICER; PAYS THE PRICE, AND FILES LAWSUIT.
12. BASHAR (2011/2012?) : CHANGES TO TAKE PLACE DURING 2010-2015.
13. TECH: CONTRADICTION IN AVAILABILITY OF COLD FUSION TECHNOLOGY.
14. HEALTH: BELGIUM APPROVES EUTHANASIA FOR CHILDREN.
15. HEALTH: AUSTRALIA FARMER SUES OVER GMO CONTAMINATION.
16. FINAL WORDS : WHAT ABOUT LOVE?
US gets first decathlon gold-silver since 1956...1.3M GE dishwashers recalled over fire hazard...BLM Releases Final Study on Vegas Water Pipeline...Taranto Italy, a city dying from pollution...Authorities Shut Down Game at Grape Festival for Gambling in Arkansas...The Market LV opens in Las Vegas...TB Vaccine Might Reverse Type 1 Diabetes and more on the podcast.
A news discussion radio program.. What is news to me and what is news to the listeners who have sent in news links.
If you want to share a news topic, join us LIVE in the chatroom. Put your link in the chatroom and discuss it with us..
Please leave your politics at the door, this is a NEWS discussion program.
Towards the end of the program we will have our The Television Man segment..
A mutilated cat found in Las Vegas, Jewish camp terrorized in Pennsylvania, Ebola outbreak in Uganda, car hits gator and more news stories on the podcast..
Matt Taibbi of Rolling Stone on LIBOR banking scandal as Barclays implicates British Government and scale of cartel style, market manipulation by players worldwide is unveiled. Also, Higgs boson, major discovery! And in the better half, over a dozen states … Continue reading →
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