Guest Post: Here’s Why The Banksters Are In Trouble









I was stunned!




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13 thoughts on “Guest Post: Here’s Why The Banksters Are In Trouble

  1. It is VERY apparent to me that your guest commentator did not patronize a “Black” barbershop. The content of the conversation would different and the outcome would have much more hostile. Yes. I am Black.

    1. With a few million signatures from voters, would it be possible to end the Fed? As I see it, the President is a mere puppet on the stage show managed by the Fed. This ponzi scheming organization needs to shut down pronto. Without addressing this real issue, everything else is like rearranging chairs on the titanic.

  2. He must be living in a totally different part of the country/world than me then.

    In the following neo-liberal/neo-conservative capitals of the world, which are dominating ALL THE GLOBAL PROPAGANDA @ the moment, it’s 180 degrees opposite situation where it’s non-stop crying/counseling sessions, followed by hysterical shouting of “FAKE NEWS”, “RUSSIAN AGENTS”, shut down all of the internet except the portions that we approve of & on & on & on.

    City of London
    Wall Street, Madison Avenue, New York MSM empire, Long Island, Southern Connecticut
    Washington, District of Criminals
    Silicon Valley

    And make no mistake BTW that neo-liberalism is EXACTLY identical to neo-conservative. For that, refer to 1 of my earlier comments about how all of George Soros & Irving Kristol etc. come from the same school dominated by Leon Trotsky & Cecil Rhodes.

    Just ask your guest to take a stroll through streets of Palo Alto & Mountain View to land in an alternate reality “Visions of Zombie” world.

  3. What am I missing here?
    The “Loan” was paid off early, thus converting the future obligation and payments into instant cash today, which the bank can turn right around and re ponzi.

    Or are we to believe simply that those fiat FRNs are worth far less today, than a future due loan obligation or payment of FRNs for same in two years?

    1. actually, no. the loan (an asset on the bank’s books) when extinguished becomes nada. There is no hard “cash” exchanging hands per se. think in terms of debit and credit. The bank simply debits the loan on its books to zero and credits the account of the farmer (which also goes to zero). And voila, nothing is left.

  4. I think the author must have patronized the twilight zone?

    Of course I patronize a barber shop run by Southeast Asian refugees, lol. Have no idea what they are talking about; don’t speak their language. Lots of older white dudes come in there; some think they are appealing to Vietnamese women under 40. Maybe that is what they are discussing.

  5. Dave, you may recognize my sign off, as we have communicated more than a few times in the past year. I read your guest post, nee, “barbershop” talk. While like you, I was positively floored and heartened by the post, what truly got my attention was in the comments section, to wit:


    What I’m expressing from this point onward is this Dave. From one American to another, and this is the context also, the person who made that comment is absolutely correct!! Too often (I did not say in totality!) the conversation would be about bullshit or how they love Hillary. You see Dave, I too am Black. I am “heartened” again, within the context, that another black person recognizes and is open enough to recognize a reality.

    Dave, I’m one of your biggest fans. I know you are Jewish, as you are proud of your heritage, as you should be. No one on these financial podcasts really wants to breach the subject of “race”. Why? Simple. It can be a minefield. Once a person, regardless of race/ethnic background, gets that label of being a racist, it is damn hard to shake. I wouldn’t broach it either. Not in that arena.

    It is difficult, too difficult, as a Black American to discuss within my own family (now I know part of this is “universal”, but in the context again …) Stocks, Bonds, imperative of owning Gold and Silver, prepping with food, water storage, medical supplies, gardening, weapons to protect such assets, I could go on, but I know you know what I’m saying. So what do I do Dave? I hope that my investments in physical precious metals, both close to me and what I have with the Hard Assets Alliance, plus my vast investments in the mining sector, will allow me to help particularly my nieces and nephews and other family members, get on the other side of what I feel will be, for a period of time, close to hell on Earth.

    Take it easy man!

    Ron Ward
    a MSJ and SSJ Subscriber!

  6. I wish I could share your optimism.

    We (old people) were in our favorite local watering hole Friday night talking to the other regulars. Just for conversation I mentioned we were going to south America next month. One guy responded that he had dated a dishy El Salvadoran girl in Puerta Vallarta, and another guy mentioned that he’d heard Venezuela was an up-and-coming place.

    So, I don’t know Dave…… :/

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