December 22, 2015

12/22/2015-Scary Chinese gov't article



Orwell's Nightmare Is Here - China Just 'Gamified' Obedience To The State (And Soon It'll Be Mandatory)

From Zero Hedge on Flipboard

As if further proof were needed Orwell's dystopia is now upon us, China has now gamified…

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Read it on zerohedge.com



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July 11, 2015

The FDIC's Plan to Raid Bank Accounts During the Next Crisis

William Bayne
shared the story, The FDIC's Plan to Raid Bank Accounts During the Next Crisis, with you on Flipboard.
I read this a few years ago as well. Very concerning.
The FDIC's Plan to Raid Bank Accounts During the Next Crisis
zerohedge.com As we've noted previously, one of the biggest problems for the Central Banks is actual physical cash. The financial system is predominantly comprised of... read more
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April 13, 2015

The Six Too Big To Fail Banks In The U.S. Have 278 TRILLION Dollars Of Exposure To Derivatives

Shared from Zite

 Crazy

William Bayne shared with you:

 

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The Six Too Big To Fail Banks In The U.S. Have 278 TRILLION Dollars Of Exposure To Derivatives

theeconomiccollapseblog.com - The very same people that caused the last economic crisis have created a 278 TRILLION dollar derivatives time bomb that could go off at any moment. When this absolutely colossal bubble does implode, we are going to be faced with the worst economic crash in the history of the United States. During the last financial crisis, our politicians promised us that they would make sure that "too big to fail" would never be a problem again. Instead, as you will see below, those banks have actually gotten far larger since then. So now we really can't afford for them to fail. The six banks that I am talking about are JPMorgan Chase, Citibank, Goldman Sachs, Bank of America, Morgan Stanley and Wells Fargo. When you add up all of their exposure to derivatives, it comes to a grand total of more than 278 trillion dollars. But when you add up all of the assets of all six banks combined, it only comes to a grand total of about 9.8 trillion dollars. In other words, these "too big to fail" banks have exposure to derivatives that is more than 28 times greater than their total assets. This is complete and utter insanity, and yet nobody seems too alarmed about it. For the moment, those banks are still making lots of money and funding the campaigns of our most prominent politicians. Right now there is no incentive for them to stop their incredibly reckless gambling so they are just going...

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Thanks 
William Bayne

March 15, 2015

Great quote dealing with our welfare state


“The Lord works from the inside out. The world works from the outside in. The world would take people out of the slums. Christ takes the slums out of people, and then they take themselves out of the slums. The world would mold men by changing their environment. Christ changes men, who then change their environment. The world would shape human behavior, but Christ can change human nature. …


“Yes, Christ changes men, and changed men can change the world.”

Chapter 5: Principles of True Repentance

http://www.lds.org/manual/teachings-of-presidents-of-the-church-ezra-taft-benson/chapter-5-principles-of-true-repentance?lang=eng

Thanks Billy Bayne