Posted in banking, business, capitalism, jobs, labor, politics, tagged banking, Bernanke, greed, inflation, job, labor, part-time, stimulus, tax rebate, underemployment, unemployment, wages on April 5, 2008 | 3 Comments »
In times of old, you could tell the tough times in the job market by the lines running outside the doors of employment offices and rooms full of people seeking employment. In later times, state employees were employed to to assist with your job search on a one to one basis. A certain measure of [...]
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Posted in banking, business, capitalism, economy, politics, tagged banker, banking, corporate inversion, corporation, earnings stripping, foreign, income, international, inversion, offshore, tax, tax cut, taxation, wealth on March 31, 2008 | 1 Comment »
The debate about cutting taxes for corporations and the wealthy is largely a pretense. The issue is not whether multinational corporations, bankers and the very rich benefit from tax cuts. The majority of multinational firms walk away from all taxes. A General Accounting Office report revealed that between 1996 and 2000, 61 percent of all [...]
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Posted in Islam, banking, tagged bank, banking, Christian, Dubai, finance, interest, Islam, Jew, money, Muslim, usury on March 28, 2008 | No Comments »
Islamic banking refers to banking by the principles of Sharia, the holy law set out in the Qur’an. The Qur’an forbids the charging of interest in exchange for a loan or “riba”. In some cases, this was also the practice of the Catholic Church in post-Roman through medieval times. Modern banking systems are built around [...]
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Posted in banking, business, capitalism, economy, politics, retail, sales, tagged banking, congress, consumer, consumer law, credit, credit bureau, fees, finance, government, laissez-faire, marketing, profit, protection, rules on February 21, 2008 | 1 Comment »
You’ve heard the old adage “the most valuable thing is a good name”. You might even hold this to be true. If you listen to the credit industry marketplace, you would be convinced that the protection racket is more concerned about your good name than you are. For example, our friends at freecreditreport.com are singing [...]
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Posted in Islam, banking, tagged bank, banking, capital, influence, interest, Islam, Islamic, Muslim, nation, power, profit, religious, reward, risk, trust, United Nations, usury on January 24, 2008 | No Comments »
“As traditional Western bankers count the cost of a reckless lending spree, Islamic banking — which complies with Islam’s law banning the receipt of interest — is surging. Estimated by some experts to be growing by about 15 percent a year, the sector has been forecast by management consultants McKinsey & Co to reach $1 [...]
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Posted in banking, business, commentary, economy, jobs, labor, politics, retail, sales, self, tagged attitude, banking, behavior, Bernanke, delinquency, doom, economy, federal reserve, foreclosure, industry, market, mortgage, panic, recession, slow growth, speculation, unemployment, united states, Wall Street on January 14, 2008 | 1 Comment »
“The Federal Reserve is not currently forecasting a recession. We are forecasting slow growth,” said Federal Reserve Chairman Ben Bernanke last week. With the over-reaction of the U.S. Banking and Mortgage Industry as well as the press in the last month, the United States is seeing a jump in the unemployment rate and the [...]
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Posted in banking, commentary, economy, government, tagged banking, banking policy, boom, business, construction, economy, foreclosure, home, job, labor, laissez-faire, lend, loss, mood, mortgage, retail, stooge on January 13, 2008 | No Comments »
Ben Stein is at it again and I like the title of his article. It fits. He makes a few surface points to get the average reader thinking while reading the paper on a Sunday morning. He counts down the basic panicspeak: “immense drop in home construction, the slowdown in lending, the falloff in retail [...]
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Posted in banking, capitalism, economy, retail, self, terrorism, tagged bank, banking, card, cash, credit, credit card, debit, debit card, electronic, money, stash on January 9, 2008 | No Comments »
Keeping cash on hand for at least three days worth of living expenses is a good idea. However, I would find a better place than a kitchen drawer. What is wrong with a private stash of cash, preferably in small bills for easier spending? Nothing. What would you do if the ATM machines suddenly stopped [...]
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Posted in banking, business, capitalism, economy, tagged accounting, asset, bank, banking, bilderberger, business, capital, dollar, federal reserve, finance, fractional reserve, inflation, interest, ledger entry, lending, loan, money, monopoly, mortgage, note, risk on January 4, 2008 | No Comments »
This is an mp3 on the basics of the Federal Reserve Bank for those of you that want to listen instead of read. This is basic information, hence the title:
THE FEDERAL RESERVE YOU HAVEN’T HEARD ABOUT
“A License to Steal”
Host: Eddie Sachs
Interview with Larry Bates
Audio Time: 26:13, Broadband recommended, 4.6 mb
Copyright 2005 by End Time
This audio [...]
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Posted in Islam, banking, business, politics, religion, tagged bank, banking, capital, influence, interest, Islam, Islamic, Muslim, nation, power, profit, religious, reward, risk, trust, United Nations, usury on January 3, 2008 | 1 Comment »
For years we’ve heard that Islamic law bans charging interest and dealing with the current banking system. In the eyes of Islam, interest is usury. In the U.S, Islam faithful operate without taking out loans like most citizens of the country. Bankers have had their eyes on Islam for years in an effort to get [...]
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