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  • Printing money is the right way to get us out of this mess | Reality Times
    and when the European Central Bank was established to derision in London it retained the facility Will Hutton Excellent so the gov according to Mr Hutton are only trying to wind the clock back to a place that is much better than now Wait a minute the past morphed into now at some stage Okay so winding the clock back will not work as even if it does we ll be here Progress is never made by going backwards and it s not time to be looking in that direction just now Also we know that printing money is an excellent idea as Mr Hutton says It is still how most banking systems in Asia are run I mean we all know that the Asian markets are immune to this current downturn in world profits Anyone fancy living in China just now What kind of brain comes up with this illogical nonsense And he gets a place in a national paper to spout it Wow The ruling elite know how to pick their puppets Oh I forgot he s not just a puppet he s a sage profit and visionary too with maps of the future laid out for us

    Original URL path: http://www.realityinfo.org/news/?p=84 (2016-04-30)
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  • Prinitng_Money | Reality Times
    on March 8 2009 by nacnud Full article Observer Although everybody is rushing to say how unusual the approach is in fact it is only a variant of the way Britain used to run the financial system until it fell into the hands of the market Continue reading Posted in CreditCrunch economy RullingClass Tagged Prinitng Money Leave a comment Search for Archives June 2014 February 2014 April 2013 December 2012

    Original URL path: http://www.realityinfo.org/news/?tag=prinitng_money (2016-04-30)
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  • Stop the bus – I want off. | Reality Times
    a collapse of the system Whether we are seeing this process in front of our eyes or not just now we can surely come up with a better system of commodity production I mean is this the only way we can envisage food cars beer wine shoes clothes and all other commodities flowing into and around our lives The central issues within capitalism remain the same now as the did last year and the year before that A Antagonistic competition exists between monolithic and now tax payer supported entities that are there for only one reason B Profit is the only reason that any commodity gets produced The profit motive is put beyond any kind of human factor always Take a simple consequence of B mad cow disease Commercial feeds for most farm animals contained meat and bone meal Cows which are natural herbivores were being fed parts of other dead cows Their feed also included the ground and cooked left overs of the slaughtering process gleaned from other animals The carcasses of sick and injured animals such as pigs and chickens were being used as a protein supplement Times On Line Now you or I looking logically at things would never ever decide to feed meat to a herbivore would we It s insanity However in the world of profit generation it is sanity if the profit that can be turned is more than if the process was not carried out So it gets done Not one human ounce of thought in there Your kids could tell me that it sounds like a bad idea This is not rocket science Are you seeing how this system at any level you care to analyse it is not actually set up for you You are not even an after thought Profit is central and it brings you the chaos you see around you and the pain you are about to experience as profit is no longer able to be generated Let us now lump points 2 and 3 way above together we have the lowest interest rates since records began and the gov has decided to print money These two facts are so earth shatteringly important to your life but you may not realise it right now You see this system works on lead times Right now looking around aside from the house prices crashing and some people being made unemployed the world looks kind of normal and stable The Bank of England yesterday announced unprecedented steps to prevent the deepest slump since the 1930s when it unveiled plans to inject up to 75bn into the economy over the next three months after its monetary policy committee cut the bank rate for the sixth time since the global financial system came close to collapse last October The rate is now 0 5 a level not seen before in the Bank s 315 year history Guardian Online What you have to bear in mind here is that these steps currently are aiming

    Original URL path: http://www.realityinfo.org/news/?p=80 (2016-04-30)
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  • reality | Reality Times
    2009 by nacnud This week has seen the following three momentous and I use that word sincerely events in the world of finance capital and capitalism in general 1 AIG were bailed out again to the tune of 30bn 2 The UK Continue reading Posted in CreditCrunch economy RullingClass Tagged reality Leave a comment Search for Archives June 2014 February 2014 April 2013 December 2012 August 2011 May 2010 April

    Original URL path: http://www.realityinfo.org/news/?tag=reality (2016-04-30)
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  • These bankers are lucky they’re not going to jail | Reality Times
    Without question we partake in this system Without question we prop it up Without question we buy their instruments of finance Without question we buy their products Without question we support a system that is based on profit not human need By its own measure of success the generation of profit the current system capitalism has failed It does not judge itself on how many humans had a smile on their face or how few wars it started or how many it started it is defined by how much profit it can generate So you can look for scapegoats and burn a few folks at the stake but when all is said and done this world will be as in humane as ever until we all choose to do it a different way We have the technology now lets build a solution This entry was posted in CreditCrunch economy Bookmark the permalink Lloyds heading for 75 state ownership Stop the bus I want off One Response to These bankers are lucky they re not going to jail Cat says March 3 2009 at 9 56 am As the media machine rages on over who to blame for the banking collapse

    Original URL path: http://www.realityinfo.org/news/?p=63 (2016-04-30)
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  • Toxic asset deal yet to be agreed, Lloyds says | Reality Times
    begin to normalise however we believe we will be in a very strong position to reap the benefits Sir Victor Blank Lloyds TSB Chairman It s comforting to know that when normality returns they ll be able to generate huge profits Let me get this straight did they not have normality before this crash So if they couldn t make it work then why should we believe that they can make it work if and when normality returns As the Chairman of a large bank you would at least expect that Sir Blank would be able to speak something other than complete nonsense It seems that he can t though And we as UK tax payers are going to bail out his bank buy the bad debt and leave the profit in private ownership i e his hands The hands of a man who can t even think straight Wow Time to get some Reality Info down our throats I think Waken up and smell the coffee Get connected and choose another way Peace This entry was posted in CreditCrunch economy RullingClass and tagged banks crisis Bookmark the permalink Martin Kettle Brown s Own Doing Lloyds heading for 75 state

    Original URL path: http://www.realityinfo.org/news/?p=56 (2016-04-30)
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  • banks | Reality Times
    February 27 2009 by nacnud Headline Toxic asset deal yet to be agreed Lloyds says Full Article Guardian Whenever economic conditions do begin to normalise however we believe we will be in a very strong position to reap the benefits Sir Victor Continue reading Posted in CreditCrunch economy RullingClass Tagged banks crisis Leave a comment Search for Archives June 2014 February 2014 April 2013 December 2012 August 2011 May 2010

    Original URL path: http://www.realityinfo.org/news/?tag=banks (2016-04-30)
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  • crisis | Reality Times
    February 27 2009 by nacnud Headline Toxic asset deal yet to be agreed Lloyds says Full Article Guardian Whenever economic conditions do begin to normalise however we believe we will be in a very strong position to reap the benefits Sir Victor Continue reading Posted in CreditCrunch economy RullingClass Tagged banks crisis Leave a comment Search for Archives June 2014 February 2014 April 2013 December 2012 August 2011 May 2010

    Original URL path: http://www.realityinfo.org/news/?tag=crisis (2016-04-30)
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