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Enamored by all of the “Conspiracy Theory doom & gloom”? Hanging on to every word AJ and other alarmists put out? No problem, we’ve all been through it. The good news is that in addition to waking up and getting informed there is also another thing you can do and that is to ACT! Something that a lot of the prophets of doom & gloom forget to tell you is you are not some insignificant powerless dupe that has to put up with all the nonsense In the words of one of the worlds greatest soccer players of all time Eric Cantona, “Kill the Banks! MAKE VIRAL!! ASAP! ♫ ♪ Jackie Kennedy ♪ ♫ Crash JP Morgan Song ♪ ♫ www.youtube.com Economic Implosion Sets The Blame Game In Motion neithercorp.us A brilliant Banking exposé you don’t want to miss; In the form of an awesome blog called Levantamento levantamento.blogspot.com Money out of thin air… “The process by which banks create money is so simple that the mind is repelled” -John Kenneth Galbraith (1908-2006), Economist in Money: Whence it came, where it went – 1975, p29 “The bank hath benefit of interest on all moneys which it creates out of nothing.” -William Paterson (1658 – 1719), founder of the Bank of England “Commercial banks create checkbook money whenever they grant a loan, simply by adding new deposit dollars in accounts on their books in exchange for a borrower’s IOU.” -Federal Reserve Bank of New York, I Bet You Thought, p.19 “Banks lend by creating credit. They create the means of payment out of nothing.” -Ralph M …

Journalist Matt Taibbi wrote that a big investment bank is like a giant vampire squid. A new animation from The Great Transition asks what banking is for? and whether vampire squid can ever be tamed? Concept: With thanks to Matt Taibbi Script: Andrew Simms, Ruth Potts and Leo Murray Narration: Andrew Simms Animation: Leo Murray & Thomas Bristow Sound: James Harper and Louis Hackett www.neweconomics.org www.wakeupfreakout.org www.giantvampiresquid.org www.thegreattransition.net

www.therealestatemarketwatch.com Over the last week or so we have been hearing plenty of chatter coming out of the banking community regarding the notion of helping homeowners with distressed mortgages by reducing the principal loan amounts. This video brings you up to date on the “chatter”. DRE#01415942

Neil Woodford slates the new Income and Growth sector, markets focus on the high street, and we ask for your help exposing where banks are treating customers unfairly. For more finance and investment video visit www.citywire.co.uk.

Fidelity tries to sell their financial services by letting us know they offer great advice such as “don’t buy expensive things you can’t afford.” And this is not picking on Fidelity alone- they are all like this. How may commercials have you seen where an investment bank tells you “We can help you rollover a 401K.” ? A monkey could roll over a 401K. What services do they really provide for all the money they make off our money?

realestatemarketingthisweek.com – How many lives have to be wrecked by the mortgage companies loss mitigation departments? Part 6 – I always tell people when I was dealing with them, with their bankruptcy situation or foreclosures or whatever especially when someone would call me and they would say, I want to file a chapter 13 to save my house and I would say, You dont even think about doing that without an attorney and I would give them an attorneys name and it would work out for them because I think the numbers were like 95% of all chapter 13s filed by the home owner themselves failed. And I think that is the kind of numbers were going to see in loan modifications, we saw numbers the other day that came out from the government saying that over 50% of the loan modifications are failing. I would suspect that 95% of those were not negotiated by an attorney. Youre absolutely right, the other thing is people think theyre getting a loan modification because their lender told them that but theyre going to increase their payment over the next X number of months to make up for the back payments. That is not a loan modification by my standards, that is called a forbearance agreement and the majority of people who have failed its because they were put into a plan that was designed to fail. For gods sakes if your lender is going to increase your mortgage payment by 50% how on earth are you going to pay it when you couldnt pay it when it was right? To me its just mind boggling …

Introduction to the income statement of a bank (and to income statements in general).

Foreclosures JUMP! www.cnbc.com Retail Sales for 2009 finance.yahoo.com finance.yahoo.com 2009 Breaks records for foreclosures apnews.myway.com fed profit 247wallst.com option arms www.cnbc.com www.cnbc.com

The Securities and Exchange Commission is examining whether any of the 19 largest US banks are using an accounting trick that a bankruptcy examiner has said led to the collapse of Lehman Brothers. (April 20)