Jump to content
  • Recently Browsing

    • No registered users viewing this page.

The End of the American Century?


Recommended Posts

Bankers are killing themselves all over the place....brings to mind what happened during the market crash before the Great Depression:

 

33-year-old banker leaps to his death from JPMorgan’s Hong Kong headquarters, latest in string of apparent suicides

 

http://business.financialpost.com/2014/02/18/jpmorgan-banker-suicide-hong-kong/

Yet Another Banker Commits Suicide. Graph Suggests We Are Headed Towards A Crash Like 1929

http://www.collective-evolution.com/2014/02/19/yet-another-banker-commits-suicide-graph-suggests-we-are-headed-towards-a-crash-like-1929/

7th top level banker commits suicide

http://www.hangthebankers.com/7th-top-level-banker-commits-suicide/

 

Financial death toll rises to 6, as JP Morgan employee jumps from Asian HQ

 

http://rt.com/business/jpmorgan-third-banker-suicide-655/

 

Financial world shaken by 4 bankers' apparent suicides in a week

 

http://rt.com/business/russell-investments-chief-economist-dead-564/

 

7thtoplevelbanker´commitssuicide´

 

Link to comment

Bankers are killing themselves all over the place....brings to mind what happened during the market crash before the Great Depression:

 

33-year-old banker leaps to his death from JPMorgan's Hong Kong headquarters, latest in string of apparent suicides

 

http://business.fina...cide-hong-kong/

 

Yet Another Banker Commits Suicide. Graph Suggests We Are Headed Towards A Crash Like 1929

http://www.collectiv...rash-like-1929/

7th top level banker commits suicide

http://www.hangtheba...ommits-suicide/

 

Financial death toll rises to 6, as JP Morgan employee jumps from Asian HQ

 

http://rt.com/busine...er-suicide-655/

 

Financial world shaken by 4 bankers' apparent suicides in a week

 

http://rt.com/busine...omist-dead-564/

 

7thtoplevelbanker´commitssuicide´

 

Hopefully these are isolated incidents with no connection to another impending market crash.

Edited by sonnyt111
Link to comment

Bankers are killing themselves all over the place....brings to mind what happened during the market crash before the Great ...

 

The USA took a drastic move to pull out funds from Asian Markets early this year. The State of the Nation address of President Obama predicting better investment climate in the USA triggered the decision. This can be a protectionist or self preserving move that hopes to generate or save jobs in the US mainland.

 

Maybe there was pressure for bankers tasked to liquidate holdings in such a short period. Moving huge amounts of bank resources can destabilize the markets and lead to losses. Since bankers earn on margins, their operation may face bankruptcy. This is similar to suicide of Urban Bank founder who suffered a pullout of funds from a major depositor. This led to panic of the public and a serious bank run. At the time Urban Bank just moved to a new multi-story headquarters in Makati.

Link to comment
  • 1 month later...

Funny that the Great Depression happened in the last century. That incident alone would make the thread title weak and inappropriate since America was never dominant in that century that began economically uncertain and weak just like what we are experiencing today.

Link to comment
  • 2 weeks later...

You would have to think...Is American consumerism the cause of its aggressive imperial expansionism and warmongering?

 

http://www.youtube.com/watch?v=SKnF1HEUwuo

http://www.washingtontimes.com/news/2014/mar/17/nasa-funded-study-says-modern-society-doomed-dodo/

http://www.dailykos.com/story/2006/11/27/274833/-The-American-Standard-of-Living-is-NOT-negotiable

 

Reminds me of the Roman empire in its decadent stage. All that is missing is Nero and Caligula.

Link to comment

You would have to think...Is American consumerism the cause of its aggressive imperial expansionism and warmongering?

 

http://www.youtube.c...h?v=SKnF1HEUwuo

http://www.washingto...ty-doomed-dodo/

http://www.dailykos....-NOT-negotiable

 

Reminds me of the Roman empire in its decadent stage. All that is missing is Nero and Caligula.

 

The video about the US Federal Reserve was an eye opener. I don't know whether it actually represents the truth even if the author's views are extremely compelling. For one I thought all along the US Federal Reserve was a quasi government institution, not a private bank. And the chairman of the US Federal Reserve is considered one of the most powerful men/women in the world because what he/she says (or does not say) can impact financial markets world-wide.

 

Right now a woman holds that position.

 

As for Nero and Caligula, the current day counterpart is Guantanamo Bay in Cuba. I'd say a lot of awful things happened over there. Torture was employed there as well as in other countries where the US government has rendition policies.

 

And about American consumerism fueling aggressive imperial expansionism and war mongering, I think the same can be said about modern day China.

 

 

 

Link to comment

Same reason as the Philippines' "just-tiis" system...politics and vested interest.

Politics is such a dirty game. Whether over here or in other nations. Politicians are hated by their constituents all over the world. But the ironic thing is voters were the ones who put these guys in power.

Link to comment

Various elements are calling on a 2nd American Revolution in this against the Bundy guy:<div>https://www.youtube.com/watch?v=n-vZ48WSJrA</div>

 

http://news.yahoo.com/u-agency-ends-nevada-cattle-roundup-releases-herd-003456278.html?vp=1

 

 

Nevada ranching family claims victory as government releases cattle

http://l.yimg.com/a/p/us/news/editorial/d/0c/d0c3eb8ca18907492a4b337b5cec5193.jpeg By Jennifer Dobner 14 hours ago BUNKERVILLE, Nevada (Reuters) - U.S. officials ended a stand-off with hundreds of armed protesters in the Nevada desert on Saturday, calling off the government's roundup of cattle it said were illegally grazing on federal land and giving about 300 animals back to the rancher who owned them.

 

The dispute less than 80 miles northeast of Las Vegas between rancher Cliven Bundy and the U.S. Bureau of Land Management had simmered for days. Bundy had stopped paying fees for grazing his cattle on the government land and officials said he had ignored court orders.

 

Anti-government groups, right-wing politicians and gun-rights activists camped around Bundy's ranch to support him in a standoff that tapped into long-simmering anger in Nevada and other Western states, where vast tracts of land are owned and governed by federal agencies.

 

The bureau had called in a team of armed rangers to Nevada to seize the 1,000 head of cattle on Saturday but backed down in the interests of safety.

 

"Based on information about conditions on the ground and in consultation with law enforcement, we have made a decision to conclude the cattle gather because of our serious concern about the safety of employees and members of the public," the bureau's director, Neil Kornze, said in a statement.

 

The protesters, who at the height of the standoff numbered about 1,000, met the news with applause. Then they quickly advanced on the metal pens where the cattle confiscated earlier in the week were being held.

 

After consultations with the rancher's family, the bureau decided to release the cattle it had rounded up, and the crowd began to disperse.

 

"This is what I prayed for," said Margaret Houston, one of Bundy's sisters. "We are so proud of the American people for being here with us and standing with us."

 

A number of Bundy's supporters, who included militia members from California, Idaho and other states, dressed in camouflage and carried rifles and sidearms. During the stand-off, some chanted "open that gate" and "free the people."

 

A man who identified himself as Scott, 43, said he had traveled from Idaho along with two fellow militia members to support Bundy.

 

"If we don't show up everywhere, there is no reason to show up anywhere," said the man, dressed in camouflage pants and a black flak jacket crouched behind a concrete highway barrier, holding an AR-15 rifle. "I'm ready to pull the trigger if fired upon," Scott said.

 

LONG-SIMMERING ANGER

 

The dispute between Bundy and federal land managers began in 1993 when he stopped paying monthly fees of about $1.35 per cow-calf pair to graze public lands that are also home to imperiled animals such as the Mojave Desert tortoise. The government also claims Bundy has ignored cancellation of his grazing leases and defied federal court orders to remove his cattle.

 

"We won the battle," said Ammon Bundy, one of the rancher's sons.

 

The bureau said Cliven Bundy still owes taxpayers more than $1 million, which includes both grazing fees and penalties, and that it would work to resolve the matter administratively and through the court system.

 

Jack Kay, a professor of communication at Eastern Michigan University and an expert on militias, said the federal government did well to step back from the conflict. "These things tend to escalate, someone looks like they're going to pull the trigger and then something happens," he said.

 

Nevada Governor Brian Sandoval, who earlier in the week suggested the federal government had created an atmosphere of "intimidation," said in a statement on Saturday he welcomed the bureau's action. "Given the circumstances, today's outcome is the best we could have hoped for," he said.

 

Hundreds of Bundy supporters, some heavily armed, had camped on the road leading to his ranch in a high desert spotted with sagebrush and mesquite trees. Some held signs reading "Americans united against government thugs," while others were calling the rally the "Battle of Bunkerville," a reference to a American Revolutionary War battle of Bunker Hill in Boston.

 

The large crowd at one point blocked all traffic on Interstate 15. Later, as lanes opened up, motorists honked to support the demonstrators and gave them thumbs-up signs.

 

In an interview prior to the bureau's announcement, Bundy said he was impressed by the level of support he had received.

 

"I'm excited that we are really fighting for our freedom. We've been losing it for a long time," Bundy said.

 

But an official with an environmental group that had notified the government it would sue unless federal land managers sought to protect tortoises on the grazing allotment used by Bundy's cattle expressed outrage at the end of the cattle roundup.

 

"The sovereign militias are ruling the day," said Rob Mrowka, senior scientist with the Center for Biological Diversity. "Now that this precedent has been set and they're emboldened by the government's capitulation, what's to stop them from applying the same tactics and threats elsewhere?"

 

Roger Taylor, retired district manager with the Bureau of Land Management in Arizona, also said the agency's decision to release the cattle will have repercussions.

 

"The (agency) is going to be in a worse situation where they will have a much more difficult time getting those cattle off the land and getting Bundy in compliance with regulations," he said.

 

(Additional reporting by Laura Zuckerman in Salmon, Idaho; Writing by Scott Malone and Alex Dobuzinskis; Editing by David Gregorio, Lisa Shumaker, Robert Birsel)

 

 

 

Link to comment

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.
Note: Your post will require moderator approval before it will be visible.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

×
×
  • Create New...